Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by mike brown

can i get at least one reply to this?? :)

it seems as though anything $1.00 or more R/V, that 90% of the people on this forum will be cashing in?

but also seems to be that 90% or the people here believe that if their is an R/V of $1.00 or more that it will go to over $3.00 in the 2-3 years or sooner?

so will people be cashing in a small amount to cover things, or 100% cash out?

because if it goes up $1.00 a year over the next 2 years, thats 100% on your money.... tough to beat?

Alot of variables here. I will only cash in 1 Mil if it's under 1.48 give or take a few pennies and hold the rest but if it comes in at 1.48 or higher then I would have to think real hard on what I would do. Decisions decision nothing in this world is easy

But I do know how I'm going to celebrate check this out.

Here's a big ole wooooooooooooooooooooooot from me cp!!!!
sarah GO DINAR GO!!!!!

Iraq ratified the Law for the Promotion of Investment
Source : CNN-02 / 12 / 2006


Iraqi Presidency Council approved on Friday the Investment Law. , which aims to encourage investments and the transfer of modern technologies, in order to contribute to the development of the country. and expand its productive base and service and diversification.

The law, , which was based on a draft approved by the House of Representatives, to encourage the Iraqi private sector and foreign investment in the country, through the provision of the necessary facilities for the establishment of investment projects. strengthening the competitiveness of enterprises.

The law also aims to develop human resources according to market requirements, and providing job opportunities for the Iraqis. and work on the protection of human and property investors, and the expansion of exports, and strengthening the balance of payments, The trade balance for Iraq.

The new law grants special body, named the National Association of Investment, the task of drawing investment policies, and it controls, application instructions and control in the area of investment, in addition to its focus on strategic investment projects with the federal nature exclusively.

The event, moderated by the National Authority for the investment board, consisting of nine members with expertise and competence, in addition to representatives in the regions and provinces, to be located in the capital, Baghdad, as quoted by the Kuwaiti News Agency.

The law exempted from the provisions of investment in the fields of mining and oil and gas production. , as well as in the sectors of banks and insurance companies. " while all areas of investment will be subject to the other provisions of this Act.

According to reports, it is expected that the investor enjoys all the privileges and facilities and guarantees, and subject to the obligations contained in the Act.

The law allows investors to take the capital introduced to Iraq and dividends, in accordance with the provisions of this law and the instructions of the Central Bank of Iraq, The convertible currency after payment of all debts and obligations to the Iraqi government and all other quarters.

The law also gives the right of the Iraqi and foreign investor in the field of housing, determined to keep the land in return between him and the owner of the land, away from the speculation, and according to rules set by the National Authority for Investment, and with the consent of the Council of Ministers.

It will also facilitate the process of allocating land for housing projects, The ownership of housing units for the Iraqis. after the completion of the project.

Originally Posted by mike brown

can i get at least one reply to this?? :)

it seems as though anything $1.00 or more R/V, that 90% of the people on this forum will be cashing in?

but also seems to be that 90% or the people here believe that if their is an R/V of $1.00 or more that it will go to over $3.00 in the 2-3 years or sooner?

so will people be cashing in a small amount to cover things, or 100% cash out?

because if it goes up $1.00 a year over the next 2 years, thats 100% on your money.... tough to beat?

It is all a matter of personal opinion and personal risk tolerence (not like we are in the riskiest part right now)

At a dollar I would be cashing in at least 1.5 to cover all expenses, taxes and the like. Keep in mind that once this baby hits the forex you are able to watch its every movement unlike only once a day now. Figure out what you want to walk away from with this investment and stick to your guns...the worst thing you can do is get greedy.

At 1.47 I will probably cash out the majority of my share...of course with a little money to continue to play with but I want to know that I have secured my lifelong prosperity without gambling the majority of the profits.

Just figure out what your personal risk tolerence is and make your decision accordingly.

Hope this helps.

I have a little less than 3M dinars and I'm only 23... If it revalued at 1:1 I would cash out and not look back!

Originally Posted by CharmedPiper

Where are all the woooots, farm jigs, and kitty wiggles.......get those bananas dancing gang looks like we are pulling into the station!!!!!

KITTY WIGGLE!!!!!!

Dinar-Excited

Iraq adopted a new investment law excludes oil and gas extraction and production
Facilities and tax exemptions, and the treatment of foreign investors Kaloutne
Source : Al-Qabas - 02 / 12 / 2006

Council ratified the presidency yesterday on the Iraqi investment law on the draft approved by the Iraqi parliament aims to encourage investments and the transfer of modern technologies to contribute to Iraq's development and expand its manufacturing and service and diversification.
The law aims to encourage the Iraqi private sector and foreign investment in Iraq through the provision of necessary facilities for the establishment of investment projects and to promote the competitiveness of enterprises.
One of the goals of the law also the development of human resources according to market requirements and providing job opportunities for the Iraqis. and work to protect the rights and property of investors and expanding exports, and strengthening the balance of payments and trade balance for Iraq.
During a special investment policies and controls and monitor the application of the instructions in the area of investment projects and specific investment strategy of the federal and exclusively, which has been called 'the National Authority for Investment'.
The event, moderated by the National Authority for the investment board is composed of nine members with expertise and competence in addition to representatives in the regions and provinces and will be based in Baghdad.
Exempted from the provisions of the law 'investment in the fields of mining and oil and gas production as well as investment in the banking and insurance companies', while all areas of investment will be subject to the other provisions of this Act.
Advantages
The investor will enjoy, regardless of his nationality, all the advantages and facilities, guarantees and subject to the obligations contained in the present law and the right of the Iraqi and foreign investors in the housing area to keep the land without determine between him and the owner of the land without speculative land according to rules set by the National Authority for Investment and with the consent of the Council of Ministers.
It will also facilitate the allocation of land for housing projects and the sale of housing units to the Iraqis after the completion of the project.
The law allows investors to take the capital introduced to Iraq and proceeds in accordance with the provisions of this law and the instructions of the Central Bank of Iraq and a convertible currency after payment of all debts and obligations to the Iraqi government and all other quarters.
In accordance with the law and is entitled to foreign investors' transactions in the market Iraq securities and equity securities listed therein and the composition of investment portfolios in stocks and bonds'.
The law gave the investor the right to lease land required for the project for the period in which the project is based on the investment should not exceed the 50th year renewable with the approval of the body and take into account in determining the term nature of the project and its usefulness to the national economy.
Will Iraq in accordance with this law 'establishment of a safe investment and encourage the Iraqi investors through the provision of soft loans and financial facilities for them in coordination with the Ministry of Finance and the use of banking institutions with the requirement that any investor who is a loan, using a number of the unemployed Iraqis alias cursing and the size of the loan '.
This Act guarantees the 'right of investor recruitment and use of non-Iraqi workers in the absence of the possibility of using Iraqi possesses the necessary qualifications and able to do the job themselves' in addition to granting foreign investors and workers in the investment projects of the non-Iraqis the right to stay in Iraq and to facilitate their entry and exit from the Iraq and the mechanism.
As a safeguard against the confiscation or nationalization of an investment project under the provisions of this law in whole or in part except as a right judgment now.
Tax exemptions
Individuals who leave the project investment of the exemption from taxes and duties for a period of ten years from the date of commencement of commercial operation. according to the development prescribed by the Cabinet proposal of the National Authority for Investment, depending on the degree of economic development of the region and the nature of an investment project.
According to the law, the authority to increase the number of years of exemption from taxes and duties commensurate increase in the proportion of direct relationship with the Iraqi investor participation in the project for up to 15 years if the rate of the Iraqi partnership investor in the project more than 50%.

Wow,wow,wow , wow wow,.....ponder.....WOW....WOW ...holy faaking crap.... WoW.....cha ching .....WOOT wow.
Neat ...sweet and all the other eats .
I guess what I am tring to say is ....emmmm.......errrrrrrrr.......WOW !!!!
Pack your trunks ....It's party time

Originally Posted by CharmedPiper

Where are all the woooots, farm jigs, and kitty wiggles.......get those bananas dancing gang looks like we are pulling into the station!!!!!

yAHOO LETS R/V THIS THING

Hey CP

I got quite a bit of hooting and hollering just waiting in my bag of tricks for that announcement...don't want to let it out of the bag just quite yet however I think I can give a huge cheer for the FIL!!!!!!!!!!!!!!!!!!!!!!!!!!