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

Thanks Megan, was 99.9% sure that'd be the case. I hate Gordon Brown. I don't mind paying taxes of some sorts, but giving the guy hundreds of thousands of pounds when he's done NOTHING to earn it really pisses me off.

I like the M&S idea. Go into the store, buy a nice sandwich, maybe some trousers, and cash in some dinar to pay for it all!

Me too, on both counts! lol

Originally Posted by robmccallum01

Hey all,

I have a question about investing in the ISX or any other Iraqi opportunities. I only have just about a million Dinars so nothing like the millions that you all seem to have. So my question is this: Once the dinar pegs and the ISX opens up and we are able to invest in Iraqi oil companies through the ISX will it cost us an arm and a leg just to invest in the ISX (after revalue)? I mean if all goes well and I make say, a million after the revalue, will it cost me a lot to invest in the ISX? I am a NEWBIE investor and know NOTHING about the stock market let alone the Iraqi stock market lol. I need will definitely need some pointers and some heads up as to how much I would/should invest and what potential profits we are talking about here. Mike seems to be dead sure that there will be a killing made from the ISX so just wondering if we can get some potential profit figures hehe. GOOOOOO DINARS!!!!!

On another note, does anyone in here have one of those dream books that can tell what dreams mean? I have been having this one dream lately (more like a nightmare) that my house catches on fire and so I lose my house AND all the dinars that are hidden away in my bedroom. I keep having this dream then of course right after the fire, the dinar revalues at $1.12!!!!!! Am I dreaming this because we are just SO darn close to a revel or what?!?!?! AM I GOING CRAZY???????? Somebody help LOL.!!!!

Cheers all,

Rob

Hi Rob,
I am into all that.

Interpretation is....

GET....A...GRIP....MAN....

Make yourself a double and chill.

Have you read Rodneys reply to you?......

I want WHATEVER HE'S GOT GOIN ON...

Make it 2 doubles for Rodney.....

Kozmar

21 July 2006 (BBC Monitoring)

Prime Minister Nuri al-Maliki will leave for Washington in the next two days on a visit to the United States during which he will meet with his host President George Bush at a time the two men desperately need such a visit. The first is seeking support for his reconciliation and reconstruction plan while the second hopes the speech the Iraqi official will deliver in Congress will reassure its members on the situation in Iraq and the presence of their forces in the midst of an unprecedented escalation of violence all over the country. Bush is expected to meet with Al-Maliki at the White House on 25 July. Al-Maliki will head a large official delegation comprising several ministers for talks on economic and political cooperation between the two countries and how the international community can support the national reconciliation plan and reconstruction of Iraq.

The US embassy in Baghdad noted that President Bush wishes to discuss the best amount of aid that his country might offer to Iraq and to the prime minister of the new Iraqi government. The embassy said in a statement that Iraq under Al-Maliki is progressing thanks to the initiatives dealing with security, national reconciliation, and bolstering the national economy. The embassy emphasized the importance of the consultations the United Nations is holding with the Iraqi government concerning its initiatives to establish a new partnership with the international community under the name of the International Contract for Iraq.

On the other hand, the White House said that President Bush wants to discuss how the United States can offer the best support for Al-Maliki in these fields, discuss the partnership against terrorism, reciprocal commitments, and the principles of democracy.

Al-Maliki is expected to deliver a speech at the US Congress in which he will outline his vision of the security situation in the field and will review the comprehensive investment plan for the reconstruction of the country. Iraqi politicians believe that Al-Maliki will present the Congress with a rosy picture of what has been achieved and what can be achieved in terms of democracy, establishment of a national unity government, the election of a House of Representatives that will comprise all segments of the Iraqi people, establishing democracy, drafting a new constitution, and building a new armed forces that can impose security. They added that the Iraqi official will also affirm his country's need for a US role that urges the world community to help Iraq combat terrorism, rebuild Iraq, and offer assistance in this respect accompanied by the cancellation of Iraqi debts.

The spectre of the increase in violence in the country will overshadow Al-Maliki's visit to Washington as this does not serve the US presence in Iraq. Iraqi sources are now openly saying that Washington has given the Baghdad government a six-month period to end violence and safeguard stability in the country. Otherwise, a national salvation government will be set up and this will mean toppling Al-Maliki's government, dissolving the Council of Representatives, and placing the country under a strong military leadership that is not affiliated to any political party or forces that will prepare the country, during an interim period which might last two years, for new general elections while placing the security forces with their various police and army groupings under the command of the US forces that will be responsible for all their field movements and activities.

Source: Sawt al-Ahali, Baghdad - Published 18 Jul

20 July 2006 (Baghdad: Al Sabah newspaper)
According to the press office of the Ministry of Trade, the Ministry is planning to use the same economic indicators used by world financial centers to determine the price of trade contracts. During his meeting with the Mininstry's senior officers, Trade Minister Dr. Abdul Falah Al Soudani said that the officers should pay special attention to fluctuating prices at the bourses in world financial centers, which are published daily. The Minister emphasized that new methods of operation require precision in pricing and an awareness of companies transporting food into Iraq. The Minister explained that there are great difficulties in supply conditions fixed by the Contracts Higher Committee and applied by the Economic Committee, which are causing unprecedented delays in the easy flow of food supplies into the country. The Minister also affirmed that the Ministry's work will be conducted in accordance with Iraq's public economic policy, and called for the speedy enactment of the new investment law already discussed at the Ministry and ready to be discussed soon by the National Assembly.

20 July 2006 (Baghdad: Al Sabah newspaper)
On Monday, Iraq and the USA signed a dual agreement in Baghdad calling for the activation of economic and trade accords between the two countries. A press spokesman at the Ministry of Trade explained in a statement to Al Sabah that the Minister of Trade, Dr. Abudul Falah AL Soudani, and the American Minister for Foreign Trade, visiting Iraq this week, signed the agreement. Al Soudani said during the signing ceremony that the agreement will largely contribute to developing the Iraqi economy through American expertise in the field of a free and open economy and by sharing with Iraq information on international experiments, which will help Iraq build its infrastructure destroyed in the war or due to a lack of programmed scientific planning. He added that the agreement will strengthen Iraq's economy by encouraging imports and exports to US markets and through the importation of new technology into Iraq. He referred to remarks made by the US Minister indicating that the agreement affirmed the US's willingness to support Iraq's economic rehabilitation so as to ready it to enter a free-market economy. Specifically, the US would assist Iraq in obtaining permanent membership in the World Trade Organization as well as other economic organizations. This agreement he said will mark the return of Iraq's economy to the world stage, adding that Iraq's economic variables in manpower and raw materials are far stronger than in most countries throughout the world.

Hi Rob,
I am into all that.

Interpretation is....

GET....A...GRIP....MAN....

Make yourself a double and chill.

Have you read Rodneys reply to you?......

I want WHATEVER HE'S GOT GOIN ON...

Make it 2 doubles for Rodney.....

Kozmar

LOL thanks for the reply Kozmar! Nope I think I missed Rodney's reply to my post. I didn't think that anyone replied to my post (besides Rodney?) I did ask a few questions about the ISX and stuff so hopefully someone who actually is into that sort of investment (stock trading) could tell us about the ISX and how it would work as well as how much it would cost once the RV has occurred?!?

I find it very hard to keep up with all the posts though so forgive me if someone actually did reply to my post. When I normally post, it's right before I leave for work. Then I'm gone to work from 11:30-10pm then when I get back home I'm stuck reading about 6-10 pages of posts LOL. The only post that I want to see now, or I should say all I want to see is a new thread opened up that says DINAR REVALUED AT $1:12:USD LOL. Bring it on maliki bring it on!!!!! wooooo

Cheers all,

Rob

I'm wondering if the meeting on the 26th will be televised live on CNN or FOXNews....if the dinar hasn't revaled before Maliki comes I'll be hanging on EVERY WORD listening for key words...CURRENCY...DOLLAR...EQUAL...REVALUATION... you get the picture! lol!

Originally Posted by tiffany

I'm wondering if the meeting on the 26th will be televised live on CNN or FOXNews....if the dinar hasn't revaled before Maliki comes I'll be hanging on EVERY WORD listening for key words...CURRENCY...DOLLAR...EQUAL...REVALUATION... you get the picture! lol!

Hi Tiff,

Yes, it will be on CNBC and others who broadcast news all day, so I suspect it will be a joint announcement, after all, why come all this way just to announce trade agreement, hardly worth it considering it was an obvious outcome with U.S. investment in Iraq. We'll see, so hang on to your panties, and stay near the bathroom for speech. LOL

Good luck to all, Mike

Originally Posted by Offshore-Wealth.com

Hi Tiff,

Yes, it will be on CNBC and others who broadcast news all day, so I suspect it will be a joint announcement, after all, why come all this way just to announce trade agreement, hardly worth it considering it was an obvious outcome with U.S. investment in Iraq. We'll see, so hang on to your panties, and stay near the bathroom for speech. LOL

Good luck to all, Mike

Hmmm...."Interesting" ...correct me if I'm wrong, but I am reading this as "Joint Announcement"...'We have completed the Foriegn Investment laws AND ALSO raised the value of the Iraqi Dinar to 1.12 USD..."

Is that along the lines of what you are thinking? Is this a GUT feeling...or did you "hear" it from one of your people?

It DOES make sense though, if you think about it...the Address to Congress meetings are only used for REALLY REALLY IMPORTANT things right? Both of these topics are REALLY REALLY IMPORTANT!

....P.S. I've got an extra pair of panties stashed in each of our bathrooms!