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

Originally Posted by MrsCK

Yes I have found that same articule on yahoo finance and Iraq update this morning.

So I checked the Singapore Foreign Exchange Market website this morning - under the Pulications for Iraq the Working Papers, Statistics and Archives links don't work now. HUGE hmmmmmm why take these documents off line? This is starting to get realllllly good folks

when was the last time these things were checked? anyone?

Originally Posted by boxiedoxie

Just wanted to say thank you to everyone who posted. Even to the naysayers. I get even more excited when I hear good news about getting closer to telling them, "I told you so." Keep up the good work all. You have really helped us ignorant fellows who don't know squat about politics and the like.

hey, at least you know about hogs dogs and horses!!! woOt!!!!

Originally Posted by Hardwood

Here is the now-famous article in it's entirety:

Unemployment at 50%, says minister


By Ikhlas Majeed



Azzaman, December 14, 2006



Nearly half of Iraqis able to work are idle, said Minister of Labor and Social Affairs.



Mohamed Radhi said the high jobless rate was devastating to a country torn by sectarian strife and violence.



He said combating unemployment was as important as the fight against ‘terror’. Joblessness plays into the hands of ‘terrorists’, he said.



He said he had drawn a plan to provide short-term loans to families willing to start up their own businesses particularly those who depend on social benefits for a living.



“This project will contribute to defeating terror and terrorists who target sources of energy and labor. As a result unemployment has reached more than 50 per cent in some provinces,” he said.



He said he had 100,000 small-sized projects in mind and has urged the government set aside enough allocations to have the scheme in place in 2007.



Each family will be given a loan of 10,000 dinars (approx. $6,600) to start the project, he said.




Notice that each of the last 5 statements have the words "he said" attached to them. This means nobody editted the statements and they were printed as in the first person. Also, if you multiply 10,000 dinar by the number of "projects in mind" that amounts to 1 trillion dinar. At the current rate of 1411 that equates to $708,717.00 which is about $7.09 per project !!

This tells me the rest of the media outlets will be all over this article for us in the next couple days.... This little leak is making it's way around the globe as we type, so the coming hours/days will be quite a thrill!!

Enjoy the ride folks!

Error in the math hardwood, that's OK though you don't do my books.

Originally Posted by shotgunsusie

our wells fargo branch says they wont deal in dinar because the united states is at war with iraq and its against the law. i sent them the presidential order okaying it. not a word back. lol

my local Wellsfargo guy sent me to their main foreign currency office in Oregon and she said pretty much the same thing, throwing in the "volatility in the area and the currency" subject as well. Fine by me, I'll jump ship to the bank that sensibly exchanges,and knows what the heck is going on. Wellsfargo has the highest overdraft fees in the industry as far as I know, (not that I'd know anything about those! ha ha.) so I'll happily take my future money elsewhere.

Originally Posted by MrsCK

A couple of days??? hmmmmmm Bank manager states this - my safedinar order will not get here until MONDAY. Has anybody ever ordered on friday and got it on saturday from safedinar?

Plus the news was really dead this week out of iraq, the president website hasn't been updated in 3 days, something smells like a cow patty folks!!

No!! We have delivery on Saturdays, too, but it never comes til Monday!!

I stopped in my local Bank of America branch today to make a credit card payment and when I was finished with the teller the manager flagged me down on my way out the door. He invited me into his office and he closed the door. I have discussed the dinars with him and have looked them up in his currency exchange book more than once over the last few months. He said to me "Assuming you will be exchanging your dinars with us soon, I would like to review some of our financial services that are available in addition to the savings and checking accounts you already have with us"!! I about fell out of the chair!! He disclosed to me that the extent of his knowledge was that Bank of America was "gearing up" to exchange the dinars both ways and SOON. He also told me that he had purchased dinars from SafeD after I had given him the website URL during one of our discussions in the past. According to the manager, I am the only person in town that has approached him on the subject of dinars and that he had never even heard of buying them before talking to me. Previously there was a female assistant manager that I had looked up the dinars with in their currency book but she is gone now. This is really good news coming from Bank of America in my view. Wells Fargo has been more elusive with me and only states that they will exchange when it is traded on the 4x. Anyway, the manager had a big shiite eating grin on his face when I left after he peddled his financial wares to me for 30 minutes or so. I have never felt better about dinars than I do at this very moment in time!!

Sixty oil fields waiting to be developed as Iraq offers contracts for first time since Saddam
15 December 2006 (Financial Post - Canada)

Iraq, holder of the world's third-largest oil reserves, will offer contracts to develop 60 oil fields, in several batches, starting next year, said Iraqi Oil Minister Hussain Sharistani. Only 20 of Iraq's 80 discovered oilfields are in production, Mr. Sharistani said.

The government is waiting for parliament to approve a new hydrocarbons law early next year to start offering contracts to develop the remaining fields, Mr. Sharistani said.

Contracts to develop oil fields were given about a decade ago by the regime of former president Saddam Hussein to companies such as Total SA, OAO Lukoil and China National Petroleum Corp. Wars and sanctions have curtailed Iraq's ability to develop its oil wealth.

Sixty oil fields waiting to be developed as Iraq offers contracts for first time since Saddam | Iraq Updates


In my opinion brining out that you are giving away contracts for 60 fields than your HCL is done!

Look out here, I think they may announce everything real soon but we are not looking later than 1/1/2007 in my opinion.

I hope this weekend or next week!

Originally Posted by $onedaysoon$

when was the last time these things were checked? anyone?

I checked it monday they were there

Originally Posted by danny51

I stopped in my local Bank of America branch today to make a credit card payment and when I was finished with the teller the manager flagged me down on my way out the door. He invited me into his office and he closed the door. I have discussed the dinars with him and have looked them up in his currency exchange book more than once over the last few months. He said to me "Assuming you will be exchanging your dinars with us soon, I would like to review some of our financial services that are available in addition to the savings and checking accounts you already have with us"!! I about fell out of the chair!! He disclosed to me that the extent of his knowledge was that Bank of America was "gearing up" to exchange the dinars both ways and SOON. He also told me that he had purchased dinars from SafeD after I had given him the website URL during one of our discussions in the past. According to the manager, I am the only person in town that has approached him on the subject of dinars and that he had never even heard of buying them before talking to me. Previously there was a female assistant manager that I had looked up the dinars with in their currency book but she is gone now. This is really good news coming from Bank of America in my view. Wells Fargo has been more elusive with me and only states that they will exchange when it is traded on the 4x. Anyway, the manager had a big shiite eating grin on his face when I left after he peddled his financial wares to me for 30 minutes or so. I have never felt better about dinars than I do at this very moment in time!!

Seems to me the good stories are lining up!

First our Susie, now this, the story about the projects checked by Adster!

Guys are we arriving at the station this weekend/week?

WWWWEEEEAAAAHHHHH!!

Originally Posted by Inscrutable

Error in the math hardwood, that's OK though you don't do my books.

Original post editted....thank you...