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

Hi ya Sassy.... I feel it too!!!! Doesnt it feel incredible to be part of history making event? Just knowing these banks are starting to recognize the dinar is really giving crediblity to our hopes that we've been hanging on to... kind of like the dominoes... one falls.. then another.. then zzaammmm and we are all running to the banks! Glad we are both here at the same time... my life has been on the run lately and know yours has also.. hope all is ok with your brother... maybe he will be able to buy a NEW car soon!!

THANK YOU CIGARMAN, NENO, PIPS AND EVERYONE ELSE THAT HAS HELPED GET THROUGH THESE FINAL STAGES WITH YOUR INPUT AND SIMPLIFING THE HARD
STUFF FOR US! I have a question but will start a new post...

Ok... my question is in regards to the double set of books... could someone
give alittle more info on that... I'm not understanding the existance of 2 sets of books which really change the value as you posted... Are these books public?
Is there any clue as to which one will be official... ? Where can we compare them? Thanks for anyone who can give any more info.

OK, so aren't Thursday nights when the Dinar conference calls are going on, hope we get some info on the call soon. Maybe Dr. Q ? is it? will be a speaker. when he was on last, aobut 3-4 weeks ago, he was saying that his BIL Shabibi would be taking over MF posiiton and that Possible 9-2 date or something like that. Maybe my info is not too accurate - but whatever he said i know it was promising and Good! Hope he's on and has more promising news to share.

Hello anynoe out there???????

This came from IIF
Originally Posted by shotgunsusie
got word that the cbi is to announce the revalue on the 7th.

and if i have to tell you ppl one more time the rate has already been set at .90 euro +/-.03

what does it mean to the exchange rate math challenged such as myself? Please!!!

Hi Xealthy, I am pretty sure that .90 euro is equal to 1.15 usd and the other is +.03 or -.03 saying .87 to .93 euros this would be my guess on it. Barbara

Thats correct 0.9 euro = 1.15 usd.

Originally Posted by krissy72

yeah tiffany that is what i saw was her new rumour, it sure does seem like things are falling into place. So you think she is credible person, i wander who she knows that would have that kind of info, do you know?

She says that she has contacts in Kurdistan.

7:45:00 2006 GMT Friday, September 1


D Osama Mahdi


Osama Mahdi from London : Forces announced Almeneddeh force in Iraq that the Iraqi Ministry of Defense is going to take over responsibility from tomorrow, Saturday, the ground, air, sea and referred to the killing of two soldiers and arrested 40 rebels in the modern West, near the border with Syria .

The forces said in a press statement, he sent a copy to the "Ilaf" today that the Iraqi Ministry of Defense will begin Saturday the process of assuming responsibility for the direct operations of the Iraqi armed forces as an important step on the road to self-reliance and take responsibility for security and that in a formal ceremony in which the ministry responsible for land forces, Iraqi air and sea.

She pointed out that through the practice of defending the Iraqi leadership will be responsible for planning and directing operations aimed at eliminating the rebellion and preserve Iraq as a democratic, independent and stressed that this important development marked a new page in the history of Iraq through the receipt of the Iraqi forces to take control of the forces Altha Crystal.

Yesterday, the Iraqi Prime Minister Nuri Kamal al-Maliki that Iraqi forces assume the security file, in the southern province of Dhi Qar next month after the completion of building and the readiness of the security forces in the province.

He added in a statement issued by his office that this year will also see the receipt of the files of security in other provinces expressing his pride in this step and the rapid development of the readiness of the armed forces and increase security capabilities, which have become unable to do many of the tasks and responsibilities of the large alone. He said that the transfer of the security issue "gives us the confidence that we are in the vicinity of the receipt of full security file in Iraq."

But General George Casey, commander of the American forces in Iraq, he said that the Iraqi security forces in the need for a period of between one and 18 months before they were able to take over the security functions in Iraq from the American forces.

Casey added in a statement that it could not now determine the date for the withdrawal of American km Iraq, but noted that the Iraqi forces will need to be a period of a year and a year and a half to be ready to direct its security responsibilities with limited reliance on coalition forces. He pointed out that reducing the number of American troops in Iraq after that period depends on the security situation in the country and said, "We will work to maintain an appropriate number of American forces in accordance with the conditions, However, this issue and the future of the presence of coalition forces in Iraq during the period of 12 - 18 months would be determined Iraqi government. "

In another statement to the "Ilaf" said multinational forces to the American naval infantry soldiers arrested 16 rebels, 24 others suspected rebels in the areas of modern triangle to the west of Anbar province in Iraq near the border with Syria.

She noted that the American naval infantry soldiers of the third battalion of the Third Marine Infantry Regiment, based in Hawaii, known as the "battalion of America" captured rebels known and suspects during routine operations and other planned counter-insurgency campaign in the modern triangle. She explained that some of them known to terrorize the local population and attacking coalition forces and Iraqi forces and provide logistical support for the rebels in the region. The patrol found a setback to American Marines in one of the houses of the detainees on various materials used in the installation of the bombs with a Kalashnikov rifle and assorted ammunition, and a number of guard.

She said that in addition, it has launched exploratory team sniper fire on the American groups hostile to the Iraqi forces, who opened fire on the M1A1 tank belonging to the Marines on the road to modern was killed two insurgents and the seriously wounding of another since he was taken by the American medical team to the American military clinic for treatment.

She explained that this incident comes after a day of sporadic clashes with snipers and general pilot, which resulted in the death of one of the rebels while he was digging a hole in the site was found recently on a number of bombs or detonate it. The report Koling Norman is the third in the third marine infantry regiment "battalion that the successes over recent days the truth is the result of attacks by groups hostile to the Iraqi forces without despair. They see the growing capabilities of the Iraqi army and the recent operations to the Iraqi police starting point clear to eliminate the j influence in the modern triangle. "

Triangle area and includes three modern cities are contiguous and modern, and Bruanh Alhaqlaneh, which has a population of about 70, 000 people living along the Euphrates River after 160 miles north-west of Baghdad. Have reached the third battalion of the Third Marine Infantry Regiment, which is part of the Seventh Regiment combat in Iraq in March last (March) and continued over the past five years to provide security in the triangle area modern and offer advice to the Iraqi security forces.
The Seventh Regiment is a combat unit in the American Army, responsible for the western part of Anbar province, which covers an area of 30, 000 square miles, which extends from the Jordanian and Syrian borders hundreds of miles to the east to the town of Hit, a town located about 120 kilometers north-west of Ramadi.

On the other hand, forces announced the killing of a soldier from the Marines of the team and the fifth batch combat troops to the task Achertaba Marines logistical impact of the first wounds suffered in the accident hostile during the process are in the Anbar province and said that he would not be the announcement of the names of deceased soldiers until inform parents or announcements before and American Defense Department.


Translated version of http://www.elaph.com/

One Investor's Take on the Valuation of the Dinar

* By: Roger Isaksson (email)
* Published: 08/31/2006
o this author's past articles

Iraq's current government has been staggering badly under the pressure of growing violence and widespread infrastructure failures. As a result, government consolidation is taking place, including dismissals, arrests, and the emergence of strong personalities. Yet still, most government participants appear to lack the will to stick their neck out and make bold moves that would ultimately help the Iraqi people.
The Iraqi Dinar

Economically, according to my estimates, the Iraqi dinar is hopelessly undervalued, and should have been revalued long ago. The dinar is held down artificially by the Central Bank of Iraq (CBI), resulting in very little buying power for the Iraqi working class. Currently, most of the day-to-day products needed by Iraqi's are produced outside of the country, but when buying it with an undervalued currency, nobody except the intrepid merchant benefits. In order to justify the costs of manufacture and import into the country, most things that we in the West take for granted are priced far beyond the average Iraqi's ability to pay for it, due in large part to the vast exchange rate differences.

Due to these currency differences, few Iraqi's can afford the items they want or need. As fewer people can afford them, the market for these items is artificially small, resulting in less competition and higher prices. This, coupled with the day-to-day disruption of goods and services due to the violence plaguing large tracts of the country, have led to high levels of inflation.

By revaluing the Iraq Dinar to it's true value towards the market, the Iraqi people will regain a measure of their buying power back. Imported goods will now be within reach of nearly everybody, helped to infuse the Iraqi economy with a new vitality.
True Dinar Value

In analyzing the true value of the dinar, many have predicted a value as high as parity with the US dollar ($1 = 1 dinar), while more conservative estimates have been in the range of a $0.01 = 1 dinar. This range, of course, can only be estimated, because the dinars true strength can only be determined, as with all currencies, once it is freely traded on the world market.

The continued lack of purchasing power of the Iraq dinar will be yet another factor in a long line of social problems, and some have the idea that those problems have to be addressed first before the economy can be fixed. The Iraqi man on the street is having a hard time feeding his family, and in such dire circumstances he may even be tempted to work against his fellow Iraqi's through insurgency, crime and even terrorism. This writer urges the current Iraqi Administration; fix the dinar.

The "Big Guys" are standing at the gate waiting to get in, but have to wait until they get assurances that the investment will not be socialized as in Saudi Arabia, Iran and Venezuela, or lost completely due to a full-blown civil war. The new Iraq Investment Laws are tentative right now, but hopefully the Iraqi Government will make it a top priority when they return to session this fall. However, as with everything in Iraq these days, this supposition is a moving target at best.

**END ARTICLE**

ISX-Data.com / Re-Value the Iraqi Dinar? Yes!

[QUOTE=www.xealthy.com;105822]Hey Neno

Dont wnt to cash it in just get smaller demons. I am sure you can agree with that. QUOTE]

I always did prefer those smaller demons.