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10pm, August 29th, 2012  

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Our Blog Posts
Positive Tidbits - Post By Dinar Detectives
Responses To Questions For Dinar Speculators - Post By John Lee
Wednesday Evening Dinar Chatter
Milndollarbabe's Response To Questions
SWFloridaGuy Response to IBN emailed to us
Cruiser Chat and Prediction at Intel4U Wed. Evening
History of the Global Alignment by Cruiser at Intel4U Blog
SWFloridaGuy Update - Post By Dinar Detectives
The posts shaded in green are on our Iraqi News page
The below posts were in our 6pm email
Footforward Statement from The Big Call Tues. Night
7 Questions For Dinar Speculators - Post By John Lee
"This Is Totally 100% Rumor" - Post By Loco01 Dinar Vets
Tidbits & Opinions In Dinarland - Post By Dinar Detectives
Adam Montana Q & A Chat - Post By KCW Dinar Vets
Vic1tgk Chat with OOm&F Members Wed. Afternoon
PTR CC for Wednesday afternoon
Millionday RobinRedHed and Fresh Tuesday Night Chat
Bulldog75-Newly Revised Security Updates 01/13/12
Wed. Afternoon Dinar Chatter
The IQD Team~~Highlights Summary Replay Conf Call Aug 28
IRaqi Dinar Investments Why the Hype
"Magnolias" An uplifting Story emailed to Recaps Wed. AM
Prayer for those in Hurricane Isaac's Path by DebTarHeelgirl
News, Rumors, and Opinions in Dinarland Wed. Morning
The posts shaded in green are on our Iraqi News page
The below posts were in our 10am email
Blaino Update - Post By Dinar Detectives
Part 2 Bluwolf Q & A Intel4U Chat - Post By Devildogmom
Part 1 Bluwolf Q & A...Intel4U Chat - Post By Devildogmom
Sambo Statement Tues. Night Emailed to Recaps
The posts shaded in green are on our Iraqi News page
© Copyright DRT Distribution, LLC All Rights Reserved

8-29-2012 Mountainman: The Iraqi President is returning in less than a week, the National Conference will commence once he returns, the Amnesty and HCL laws are both being passed and the Defense Ministers are being nominated. I can't think of better news than that. I think we're exactly where we need to be.

8-29-2012 Mike: I love these articles that shout out that we are in this proces, let the process take place. If you look at these articles that tell us something is going on with this currency - people who deal in this stuff are interested in it, that's exciting, that's very exciting.

The Central Bank has never taken a step back. They keep doing what they are doing other than adjusting their plan as they go. They are always constantly thinking, which leaves me to believe they know exactly what they are doing and are moving forward. If we are just patient it is going to happen.
...

Responses To 7 Questions For Dinar Speculators - Iraqi Business News

Barry says:
August 29, 2012 at 2:03 pm

Excellent and much needed common sense article. The entire self-centered blinkered reality of the "Go RV!" crowd is based solely upon a "me and my banknotes" obsession on the back of suspension of disbelief & manufactured hype, and consistently ignoring the blatantly obvious larger global impossibility on the flip-side of the equation.

There's no economic difference in the Iraqi Dinar became 1,000x stronger vs the $ in real-terms overnight, and the $ devaluing by 1,000x against a static Dinar. Hands up who thinks it's a good thing if Obama declared he wil devalue the $ by 1,000x tomorrow against a country the USA hopes to trade more with? Yet it's exactly the same thing!
...


BOBGETZ6] FYI As we get closer to a possible rv, there is something that will be a must. You must have at least two forms of ID. A photo ID such as a drivers license and a copy of a utility bill proving residence will work. I will use my drivers license, voter's registration card, a current electicity bill, and a proof of automobile insurance card. I tend to over prepare, but at least I won't lose my cash in position.

[goin4broke] BOBGETZ6 On detectives even Adam "10 cents" Montana is excited.

[Sparkles] goin4broke Thats interesting lol

[BOBGETZ6] goin4broke That would be a WOW!

amVox] BOBGETZ6 Why would you need a utility bill proving residence?

[Sparkles] bbme I wish this was really something we are going to do in the next couple of days
....


Milndollarbabe's Response To  Questions For Dinar Speculators

8-29-2012 Milndollarbabe (Response To Iraq-Business News: 1) "If the dinar becomes 1,000 times more valuable, it will   become 1,000 times more expensive to do business in Iraq. Do you think this   would be sustainable?"

OK FIRST OFF it wouldn't be 1000 times more expensive to do business   post RV. They are dollarized now and don't use the dinar for business   transactions it would GIVE them more purchasing power post RV and would help   them with their rebuilding of infrastructure to be able to complete projects   in a more timely fashion with a more valuable currency. This is an   invalid thought process.
...


8-29-2012 SWFloridaGuy (Response To IBN): Thanks Iraq-Business News for the article, great read and I agree with much of it. However, the goal for the IQD is to increase the purchasing power, maintain long-term stability and to be a globally traded currency.

Although there is still much work to be done, after decades of war, the CBI, Finance Committee and IMF have worked to improve the political and fiscal outlook by collaborating with senior parliamentarians, and Iraqi financial experts along with their international counterparts. Bloomberg just reported that Iraq's crude production overtook Iran's for the first time in more than two decades.

Last month alone Iraq pumped 2.984 million barrels a day, outpacing Iran's 2.963 million. Now just as they didn't get to their current value alone, I don't believe they can recover alone. I believe this is all part of a well-orchestrated plan and while the IQD will not be the world's savior by any means, it does present a unique opportunity to rebalance the system and for Central Banks to use this currency as an adjustment tool or stimulus during this global financial crisis.
,,


[cruiser] Hi and good evening everyone!!!!! Guess everyone is on an excitement hangover lol

[cruiser] Well talking about the markets seems to be a waste of time, since it is extremely slow. Lol

 [Tenizen] cruiser Its crawling slower than a snail IMO

[jetpack] cruiser I think the question of the evening is will we see rv between tomorrow and sept14, I thinking we will and praying we will

 [cruiser] jetpack give you a better one. I am STICKING TO MY PREDICTION.

 [sananddan24] cruiser I like your prediction!

[RVPLEASE] cruiser when did the 10 day prediction end again?

[bbwantsrv] cruiser when is your 10 days over?
....


Hello,
Yes, I understand that most who are able to view this only care about the IQD or the VND, since those are the currencies we are invested in. But lets look at how we go to this point in time. Here are some articles that will show everyone how long and what has led to this being so close to completion.

March 18,2009 U.N. panel says world should ditch dollar: http://www.reuters.c...E52H2CY20090318
September 9,2009 United Nations Proposes New "Global Currency": http://www.cbsnews.c...305-504383.html
February 10,2011 IMF calls for dollar alternative:  http://money.cnn.com...ollar/index.htm

Why do they want to stop using the dollar as the central currency? 2 reasons off the top of my head:

1) The United States has an unfair advantage and can manipulate rates and print new money when ever they choose to thus effecting the global economy.
2) Wti the banking crisis in 2008, the Unites States almost crippled the global economy, and destroyed the U.S, in the process. This scared all of the other countries who realized what the U.S. had become. VERY POWERFULL.

Some may be still wondering what is the relevance in all of this. Why do I care about this non sense? Well you should because you and I own a piece of currency that we hope will re-value in the future.
....
8-29-2012 SWFloridaGuy: Although some foreign countries who are WTO members do use the USD as their primary currency, I don't believe that is the plan for Iraq. Iraq's goal is for their primary currency to be the IQD and eventually dedollarize.

We also believe this is an obligatory stipulation for accession where they are concerned. When the time comes, Iraq will lay out all their economic and trade policies that relate to WTO agreements, submit a memorandum and a panel will consider the application.

When the principles and policies are in place, additional negotiations will commence between Iraq and member countries. The terms will be finalized and submitted to the General Council. If 2/3 of the members vote in favor, than Iraq may accede to the WTO.

It's my opinion that Iraq will not be given full membership until they raise the exchange rate on the IQD and it becomes a more recognizable and internationally traded currency. Chapter 5 of the WTO handbook is an interesting read and may be applicable.
...
The below posts shaded in green
are on our Iraqi News page
Imported meat has become a substitute for local
29/08/2012

Licenses prices in the markets

of Tikrit - Omar Adel : red meat is one of the supplements table Iraqi and almost to Aakhalo House Iraqis of meat, although small amounts when some poor families or needy, but consumption broader meat in various meals and days events constitute the basic material in many popular dishes famous which meets Iraqi family.

Today has become a phenomenon rising prices of red meat in the markets of Salahuddin province and the rest of the Iraqi provinces major cause of depriving many families and groups and different segments of this basic material, especially low-income or workers and Earners who make a living on subsistence limited daily, some replaced meat Iraqi Meat imported frozen for licenses prices, and there is no comparison between them and other fresh local citizens questioned the reasons that led to higher meat prices and shortages in the domestic market without raises this issue the attention of concerned government agencies competent to resort to imported product memory Tariq housewife 25 years pointed to the abundance of red meat in the Iraqi market but their prices are expensive, price of one kilo of meat from 16-20 thousand dinars, and this amount constitutes a burden on the families that consist of five or six people and Homadl average most Iraqi families, we housewives use the meat in preparation most snacks, It can not be dispensed with him for extended periods, Astadhana for domestic meat Balmistordh sold less than half the price of meat Iraqi, but we did not Nastasg taste, especially that some of them from the origins are unknown and remain for long periods in cold storage.

 

Almksusi demanding oil companies employ the unemployed and providing services to areas near the geographical location
Wednesday 29/08/2012

Juba - Special: Head of the Economic Development Commission of the Council of Basra expressed his dissatisfaction with the work of some of the companies operating in the province, noting that it did not provide services to residents of areas near its premises and in particular oil companies.

said "Mahmoud Almksusi" in a press statement that "companies investment took vast lands of the province of Basra, and most have achieved nothing for the people, not to mention discrimination happening for employees in these companies, and do not put privacy in recruitment mechanism through appointments and stressed Almksusi need to include grades for companies all areas of the province, and not restricted to the geographical area that resides where oil companies. demanded President of the Economic Development Commission in the House of Basra foreign companies to provide important services to nearby areas, and providing job opportunities for the unemployed. "

http://www.basraelc.com/news.php?action=view&id=11585

 

Newspaper: inflation in Iraq reached record levels
29/08/2012 09:36 AM

Babinaoz - Agencies: approved Central Bureau of Statistics of the Ministry of Planning, the arrival of inflation base in Iraq to record levels, reaching 140.7 percent registered increased of 5.9 compared to last year. newspaper said (life) of London that "indicators annual inflation seen, compared to last year, a rise clear reached 5.9 percent, due to rising housing prices in different areas of Iraq at 10 percent, compounded by rising rents residential by 13 percent. "

Iraq has suffered economic problems several, according to the Ministry of Planning exceeded the number of poor in Iraq 8 million , while the unemployment rate 18 percent, while occupying the country ranked third in the world in the rates of countries most corrupt.

 

Central calls for traders and industrialists for the dollar
Thursday, 30/08/2012 08:54 am

Baghdad / term : called the Central Bank of traders and industrialists and laminates produced other to buy dollars from banks participating in the auction of foreign currency and the rate 118.9 dinars per dollar.

central bank said in a press statement: Those involved in the activity of the Iraqi private traders, industrialists and segments other productive carrying import goods and services and production requirements and supplies various development, submission to private banks to participate in the auction of foreign currency, financing Astiradathm through conversion or open letters of credit and commitment at an exchange rate of $ 1189 dollars per dinar and its observance. "

He added that access to the dollar "after having documents that prove they fundamentalism import and according to standard international norms of documentary credits and remittances and instructions issued by the Central Bank of Iraq in this regard.

http://www.almadapaper.net/news.php?action=view&id=70948

 

Shimmari: Next days to witness endorsing crucial law drafts by parliament
Wednesday, 29 August 2012 11:25

Baghdad (AIN) : MP, Kadhim al-Shimmari, of the White bloc assured that the next days will witness endorsing some crucial law drafts by the parliament, noting that "The possibility of re-discussing the local elections law draft again."

Speaking to All Iraqi News Agency (AIN), he said "The parliament session that is held after the holiday will not include any crucial law drafts."

He pointed out "The Federal Court, Independent High Electoral Commission, Supreme Judicial Council and Oil and Gas law drafts need to a political deal and it is not wise to discuss them in the first session."

 

US delivers last batch of tanks to Iraq
August 29 2012

U.S. officials say they've delivered the last of 140 tanks to the Iraqi army-a key sale in the American military's small but ongoing training program in Baghdad.

The M1A1 Abrams tanks are valued at $860 million, a cost shared by the two nations. Their sale is part of a $12 billion program to equip and train the Iraqi military with aircraft, ships, radar systems and other weaponry manufactured in the United States.

U.S. Army Lt. Gen. Robert Caslen said Wednesday that Iraqi soldiers he's seen can operate an American-built tank just as well as their American counterparts. Caslen is the highest-ranking U.S. military official in Iraq.

The last American combat troops withdrew from Iraq in December. Some 230 U.S. troops remain to train Iraqis on the new equipment.

Click for Link

 

Move towards the announcement of a new party substitute for �call� .. Node 'dispute' in Iraq went against Nujaifi Tnikla meet him �mysterious� Maliki
29/08/2012

The future of Iraq / special: source revealed in the House of Representatives for "sharp differences between the leaders of the Iraqi List and House Speaker Osama Najafi," pointing out that "the differences intensified in the wake of the meeting between Prime Minister Nuri al-Maliki and Najafi and Deputy Prime Minister Saleh al-Mutlaq."

It is noteworthy that Prime Minister received Sunday in his official residence in Baghdad parliament speaker Osama al-Nujaifi, and during the meeting emphasized the importance of cooperation between the executive and legislative branches to serve the interests of the people, and that the Constitution is the authority in dealing with all matters.

 

The future of Iraq reveal the "mystery" the resignation of the Minister of Communications Mohammed Allawi .. Contact companies tried buy team-Maliki .. The outgoing accused Norouztal substantial financial corruption
29/08/2012 12:00

The future of Iraq / special : It was not only one day to deny news, published by the "Future of Iraq", confirms submit the resignation of the Minister of Communications Mohammed Allawi from office, even announced the Ministry of Communications for approval of Prime Minister Nuri al-Maliki's request and Communications Minister to resign.

here, remain interpretations legislator, truth has over the top, and increased this fact missing insult to injury after he posted the Minister of Communications, himself, letter of resignation on Internet web sites.

Informed political sources confirmed for "Future of Iraq" that Mohammed Allawi is close to the Iraqi leader Iyad Allawi submitted his resignation on "background and having suspicions in the files of financial corruption affected his ministry and the attempts by some telecommunications companies pass shady deals to Iraq, "adding that" Allawi resigned upon receipt of accurate reports on the number of files of financial corruption in his ministry, "asserting" the involvement of personalities in the ministry deals suspicious for telecom companies start at work in Iraq. "


The below posts were in our 6pm email

Footforward Statement from The Big Call Tues. Night

FootForward from Tuesday night "The Big Call" : Yes, we were very close on Sunday. I have a source that is involved in the distribution of coins and lower denoms and they were set up for the exchange of coins and dinar for U. S. dollars on a one to one exchange. This does not mean this will be the rate, the rate will be phenomenal. There is a difference in what they are exchanging at and what the rate will be. My take on the reason for the RV being held up is it is a security concern or the people trying to push it through pulled it back for some reason.

The coins are not out yet. It doesn't make any sense to have the coins out before an RV.They are ready and have them in the banks, ready for when it RV's. Iraq has been given a blank check to spend on their infrastructure, this is confirmed. If there wasn't an RV in the near future, the people lending the money would not be doing a deal like this. This is very good news and confirmed several times over. I do believe we are close.

Tuesday Night The big call with foot forward was recorded - 1-760-569-7699 169061# PIN
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7 Questions For Dinar Speculators - Post By John Lee

7 Questions for Dinar Speculators By John Lee. Iraqi Business News

We get many enquiries at Iraq Business News relating to the future of the Iraqi dinar (IQD), for example:

Will the Iraqi dinar increase in value?

Will the currency be re-denominated, dropping the 'three zeros'?

Is it wise to buy Iraqi dinar?

Firstly, Iraq Business News is not in a position to give investment advice. Our mission is to provide our readers with the highest quality information on the business and economy of Iraq.
... 


"This Is Totally 100% Rumor" - Post By Loco01 Dinar Vets

This is totally 100% rumor - By Loco01 Dinar Vets

I got a call last night from a person who is heavily invested in IQD comparing my IQD to theirs is like comparing Romney's pay check to mine.

This person runs and deals with very wealthy and powerful people.And right now this circle are very excited to the extent that some wanted to rent the hotel suites where we will meet to make arrangements for group cash in and investments.

I am still not to sure how a person like me got hooked up with these people but I did.
... 


8-29-2012 Katie45: The advisory committee for the WTO did tell Iraq to get the dinar closer to the USD. I found the quote. "The Committee called for reducing the difference between the U.S. dollar and the Iraqi dinar, activate the role of the private sector, open the world markets in Iraq with customs on imported goods that commensurate with the economic laws applied in the country.

The net that "the World Trade Organization were previously wary of government plans to support the Iraqi dinar, and elevate it to a value of U.S. dollar and the high differential cash between them," he said, adding that "Iraq has a good capacity to support the Iraqi dinar, which is qualified to be a member of organization that will support the trade in the country in a clear and consolidates the efforts of the government in the development.
...


Adam Montana Q & A Chat - Post By KCW Dinar Vets

[Adam Montana] Good morning everyone! It is now a couple Wednesdays since Ramadan wrapped up, and a lot of people are wondering what is going on and "where we are"

[Adam Montana] so here's the summary of current events. As noted in our other chatroom, "Talabani is in town and gonna 'giterdun!'" I laughed when I saw that topic, but the truth is Talabani is our friend here and I'm watching him like a hawk.

[Adam Montana] next, we are seeing a BUNCH of news in a possibly unexpected arena...BANKING
... 

[vic1tgk] ckgdrums Let's before we get off track... I would Like us all to take a minute and Send Prayers up...For ALL our Fellow Brothers and Sisters... Dealing with this... ISAAC ... a minute of silent prayer...and we come back with some...stomping... GOT IT!!!

[kitchencat] vic1tgk been wanting to ask.....a buddy sold his dinar and wired to germany who wired it Iraq to open a WARKA account. says he will make the rv plus high interest. I have serious doubts about that. smell a rat

[vic1tgk] kitchencat NOT A CHANCE-Very FOOLISH MOVE!!!

[vic1tgk] Ok! The Call i took is from my Dear Friend... We both had a Broker that was with The OLD. and Defunk... BEAR STEARNS! There is alot of AcTION...as of EARLY Morning...In LONDON!!! Many are preparing for a swift Monetary relief Program in EU!!!

ALL the TALK about GOLD going To UNBELIEVABLE... HEIGHTHS!!! BE VERY CAREFUL!!! That is a PRELUDE...TO ZAP!!! LISTEN CAREFULLY... That is a FUTURES... Game that can BUST... anyone even a BILLIONAIRE!!! Been it that game... The High Volume of Gold PURCHASE from CHINA... is a Whole Diiferent game Plan! I have information that leads me to believe that the 2500 Vending machines in CHINA to SELL GOLD to the PUBLIC is to become 12500... vending Machines!
....



PTR CC for Wednesday afternoon

I believe we are close.. Wed Aug 29th ... 760 569 7699 pin 121249 #

MP3 Freeconference Playback LINK 69 MIN
,,

Millionday RobinRedHed and Fresh Tuesday Night Chat:

[millionday] UN Secretary-General of the Iraqi bloc white beauty melon Iraqi delegation in the Non-Aligned Summit at the invitation to host the Summit of Iraq for its next session. The secretary general of the bloc in a statement quoted by his press office Tuesday that Iraq is now qualified to play a major role on the Arab and international levels, as confirmed in previous forums, he could restore its role at all levels. He added watermelon to host Iraq for meetings of the Arab summit and then 5 +1 meetings testament to his ability to host of the Non-Aligned summit next, stressing the need for Iraq to be the next host of the next session

[millionday] now ready sounds perfect for them
[millionday] love it  


Recaps Note: This is a repost taken from our Bulletin Board page Please check it and our Post RV page

Bulldog75 "WAYS TO PROTECT YOUR PRIVACY", CRUCIAL SUMMARY FOR YOUR FAMILY PERSONAL PROTECTION: (LAST EDITED BY BULLDOG75, 11-30-11) PROTECT YOURSELF NOW!

The last few years have witnessed an all-out assault on your personal and financial privacy. Credit-reporting agencies, schools, Internet marketers, medical clearing-houses, and dozens of other private organizations, Government all now maintain detailed records on us. The worst offender has been the U.S. government..

DO NOT TAKE THIS PERSONALLY! THIS IS STRICTLY PROTECTION MEASURES AND BUSINESS FOR ONE TO TAKE CARE OF NOW. Herein are Great Ways To Protect Your Privacy:

#1. The first law of privacy is: Keep one's mouth closed, particularly when one is in public, on the phone, or sending faxes or e-mail. DO NOT TAKE THIS PERSONAL; IT'S ALL ABOUT BUSINESS AND YOUR SECURITY!
,,


Wed. Afternoon Dinar Chatter

[tc0043] I do believe based on info about the coins being put into use mountainman re Saturday the 1st, the release has to take place before then. I`m guessing a drop dead date of Friday which is Iraq`s Saturday. What do you think?

[redsnowbird] SCgunner Which media? Our Media? Or Iraq Media? I look for news from the media too... but I also know that both Iraq's and US media can be manipulated just like everything else.... So I look for financial news.... which also can be manipulated... shoot... maybe I will just read Thrifty Nickle!

[tatortot] Anyone who waits for good news about this from the media will be waiting a long time. It won't be in the media.

[SCgunner] redsnowbird I think when it happens the media will not be minpulated it will be too late for other suppositions when the dinar is international and tradeable, don't think they will be able to put that aside with other garbage

[mister dinar] if a country like iraq...revalues their money ..with such a large increase....it would have to be reported in the media..imo
.... 


The IQD Team~~Highlights Summary Replay Conf Call Aug 28~~Latest Iraq Dinar RV News~~Its All Good

The IQD Team
Investigate, Question & Deliver
Tuesday, August 28, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay - August 28, 2012
Download/Playback
or
760-569-7699 Pin 769478#

Recap of the News tonight analysis
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed below - the following is just a recap and Several Highlights)


RECAP CBI/ECONOMY

STRAIGHT TALKIN MIKE

We discussed about the Banking sector needing to have some rules and regulations passed...
We talked about Parliament wanting to do that
We talked about the World Bank visiting Bagdhad checking on the status of the banking system- making sure it is ready to go
and all of the things they hear about are there...ATMs' and Credit cards being pushed on the people and telling them how easy it is to carry the credit cards as it it to carry the cash
We talked about my Favorite article of the night...
DMCC looking at the increase in the dinar....they want to start trading this - they are looking at it and had some great things by the Central Bank that the Central Bank is ready to do this - that they have all the studies done that they need to have done and that they are looking at this really hard as a profit means because they know they are going to add value
They talked to Dr Saleh informing the Committee of the laws that they need inside the banking system because they cant deal with the cash transactions....they need these laws passed....we have usary laws....all these laws that prevent fraud, counterfeiting of money - all of these things that go on - these are some of the things they need passed - He's looking at a Committee from everyone that needs to have it....get themselves set up so they can get the laws they need passed very quickly....thought that was a really good idea..those type of articles tell us they have got good things going on out there  


IRaqi Dinar Investments Why the Hype

Would you consider yourself a gambling person? Would you consider investing in something completely unrelated to U.S. stocks and bonds? How about the Iraqi dinar?

Iraq's a country rife with warfare and conflict. And the Iraqi dinar, presently pegged at 1,165 dinars to a U.S. dollar, could eventually soar when the Iraqi government stabilizes. And considering the enormous reserves of oil Iraq contains, some daring investors are playing a very long game by betting on the dinar.

History is on their side. West Germany saw dramatic improvements in its currency value after World War II. Kuwait had the same thing happen after the invasion in 1990. Even Hollywood's getting into the game; the new movie Hit and Run portrays a get-rich-quick scheme that bases itself precisely upon the Iraqi dinar premise.

But it's a very high risk/high rewards situation. The Iraqi government could keel over at any time and the dinar is not held by U.S. banks or otherwise traded by any major currency exchanges, all of which makes investing in the dinar rather complicated. Interested investors would need to source out dealers willing to deliver the investment in hard paper, and that opens the doors to easy fraud.

And that's not all. Those difficulties mean the markup for purchasing the dinar is high, not accounting for storage fees. Finally, selling the dinar will also be complicated given the lack of prominent institutional purchasers. At DinarTrade, it costs $1,020 to purchase 1 million dinars. However, selling them earns a return of just $810.

Interestingly, given the spectacular failures of long-established financial institutions and frameworks worldwide, it appears some investors are willing to take long odds. What say you?
http://www.wealthdaily.com/articles/iraqi-dinar-investments/3648
,,



"Magnolias" An uplifting Story emailed to Recaps Wed. AM

Note: Dinar Recaps would like to thank the many readers who send us news, rumors and encouragements to share with others. Thank you all.
The Dinar Recaps Team

I was getting ready for my daughters June wedding which was taking place
in a church about forty miles away, and felt loaded with responsibilities as
I watched my budget dwindle..... So many details, so many bills, and so little
time.

My son Jack said he would walk his younger sister down the aisle, taking the
place of his dad who had died a few years before. He teased Patsy, saying
he'd wanted to give her away since she was about three years old!

To save money, I gathered blossoms from several friends who had large
magnolia trees. Their luscious, creamy-white blooms and slick green leaves
would make beautiful arrangements against the rich dark wood inside the
church.

The big day arrived - the busiest day of my life - and while her bridesmaids
helped Patsy to dress, her fianc� Tim walked with me to the sanctuary to do
a final check. When we opened the door and felt a rush of hot air, I almost
fainted; and then I saw them -all the beautiful white flowers were black.
Funeral black. An electrical storm during the night had knocked out the air
conditioning system, and on that hot summer day, the flowers had wilted
and died.
.... 

Prayer for those in Hurricane Isaac's Path by DebTarHeelgirl

DebTarHeelGirl: I got word from Bear5642 this morning that huge water oak trees has fallen on his property and punctured his roof; the brother of Evangelist Cash, their whole family are up in their attic with a small baby due to 9 feet of water in their house - scores of folks with flooding and no electricity.

Let's pray for those who have been effected by Hurricane Isaac.

But now thus says the Lord, he who created you, O Jacob, he who formed you, O Israel: "Fear not, for I have redeemed you; I have called you by name, you are mine. When you pass through the waters, I will be with you; and through the rivers, they shall not overwhelm you; When you walk through fire you shall not be burned, and the flame shall not consume you.

For I am the Lord your God, the Holy One of Israel, your Savior. I give Egypt as your ransom, in exchange for you. Because you are precious in my eyes, and honored, and I love you, I give men in return for you, peoples in exchange for your life. Fear not, for I am with you... Isaiah 43:1-5 ESV
.... 



News, Rumors, and Opinions in Dinarland Wed. Morning

Tuesday Night The big call with foot forward was recorded - 1-760-569-7699 169061# PIN

[captaincaveman ] So much anticipation, this week is crawling by. Like a kid waiting for Christmas morning.

xyz] Increasing interest in Iraqi Dinar as per DMCC --> CEO of Dubai Multi Commodities, Ahmed bin Sulayem has stated that the Iraqi dinars has caught his attention because of the confirmation coming from the iraq central bank that the zeros will be deleted from the Iraqi currency and that proposal as passed by the House of Minister. http://www.edinarfinancial.net/news/?quer=&nm=&ny=&nn=795

[captaincaveman ] Hmmm...I like this http://www.ninanews.com/English/News_Details.asp?ar95_VQ=GDEILH

[trebor1859] for the old timers, remember when all of the articles coming out of Iraq were stated to be smoke. Now they are stated as being accurate. Gotta love it. I've learned intel is referred to as smoke if it is something we do not want to hear.
.... 

The below posts shaded in green
are on our Iraqi News page

Parliamentary agreement on the general amnesty law passed Monday

Parliamentary agreement on the general amnesty law passed Monday 29/08/2012 12:00

BAGHDAD / future Iraqi : agreed parliamentary blocs to vote on the draft general amnesty law in the parliamentary session next Monday. spokesman said the Iraqi List MP Haider Mulla Tuesday "that during the meeting, which was convened by the Presidency of the Council of Representatives with the leaders and representatives of parliamentary blocs in parliament has been reached to agree to vote on the amnesty law in the parliament session on Monday, especially after the completion of the hand crafted legal. "and accused Mullah" coalition of state law to block passage of the law, "adding that" Iraq and appealed to the powers and all the political blocs to unify positions and work to pass law. "
http://www.almustakbalpaper.net/ArticleShow.aspx?ID=26828

The Commission expects that the growth rate in Iraq during the current year 10.5%

The Commission expects that the growth rate in Iraq during the current year 10.5%
August 29 2012

Anticipated economic and Social Commission for Western Asia (ESCWA), United Nations, Tuesday, that growth rate in Iraq during the current year 10.5%, with the average in the Gulf would be 4.5%, noting that oil revenues have maintained a high standard under the "Arab spring".

Director of Department of economic development and globalization in ESCWA Abdullah dardari, in a press statement on the sidelines of the review highlighted the report of the survey of economic and social developments in the ESCWA region for the years 2011-2012, "oil revenues historically high level maintained under Arab spring", stating that "this has led to the creation of two poles apart for growth."

Dardari said that "channels that were linked to the rest of the States and lead to benefit from increased oil revenues have become virtually non-existent as a result of internal crises and political instability," he said, adding that "survey report concludes that the external economic environment in the ESCWA region by 2012 was positive due to the highest levels in the region historically oil revenues." 

Parliament to read third amendment of local elections law draft on Thursday

Parliament to read third amendment of local elections law draft on Thursday Wednesday, 29 August 2012 20:20

Baghdad (AIN) : The parliament will read the suggestion of the third amendment of the law draft of the local elections in addition to the first and second readings to some law drafts.

A parliamentary source stated to All Iraq News Agency (AIN) on Wednesday "The parliament will hold its regular session on Thursday where its agenda includes the second reading of the third amendment of the local elections law draft in addition to many other law drafts."

"The agenda also includes the first and second readings of some crucial law drafts," the source concluded.
Click for Link

Suhail stresses importance of UN's role, supervision on elections

Suhail stresses importance of UN's role, supervision on elections Wednesday, 29 August 2012 19:20

Baghdad (AIN) : The First Deputy Speaker, Qusai al-Suhail, stressed on the importance of the UN's role and supervision on the election to fix the international standards and help the new Independent High Electoral Commission in the artistic issues.

A statement by Suhail's office received by AIN on Thursday cited "Suhail discussed with the delegation of UNAMI that is headed by the head of the advisors of the elections within UNAMI, the issue of forming the IHEC and nominating its members after reaching the last phases in addition to the modification of the law draft of the elections." 

Deputy for the rule of law: five to ten deputies controlled the decisions of Parliament without taking the advice of others

Deputy for the rule of law: five to ten deputies controlled the decisions of Parliament without taking the advice of others Wednesday, August 29 2012 08:23

Baghdad: Euphrates News: MP for the coalition of state law, Abdul Salam al-Maliki for the five to ten deputies hold sway over the fortunes of Parliament without taking advice or listen to the views of more than 310 MPs, calling Bdharoh Liberation House members from the control of parliament and leaders of parliamentary blocs .

Maliki said in a statement received by the Euphrates News Agency {} copy Wednesday that "leaders of parliamentary blocs and the Presidency Council of Representatives control the decisions of the Council without putting any consideration for the Board members in terms to be agreed at a time inside the closed doors to vote or postpone the vote on the laws and important decisions without going back to the members. " 

Iraqi government denies possible visit to Biden to Baghdad

Iraqi government denies possible visit to Biden to Baghdad Wednesday, August 29 2012 11:08

Baghdad: Euphrates News: spokesman denied the federal government Ali al-Dabbagh, the news that talked about a planned visit by U.S. Vice President Joseph Biden to Baghdad.

Dabbagh said in a press statement that "there is no possible visit by U.S. Vice President to Iraq," noting that "there is a visit to the political delegation from the U.S. State Department to Baghdad."

He stressed that "the delegation's visit American political will discuss the work of the Coordinating Committees shared between Iraq and the United States within the framework of the strategic agreement between the two sides," noting that "there are 9 committees in sectoral ministries, and all of the Commission shall determine the dates of its meetings, there are no meetings centralized." 

Parliament: questioning Shabibi determined by the report of the fact-finding committee

Parliament: questioning Shabibi determined by the report of the fact-finding committee Wednesday, 29 August 2012 13:48

Baghdad / Orr News: Parliamentary Finance Committee stressed that the decision to host or interrogate Iraqi Central Bank Governor will be determined by the report of the fact-finding committee set up by the House of Representatives headed by Chairman of the Finance Committee Haider Abadi.

A member of the Committee Secretary Hadi "The decision to host or questioning central bank governor Sinan al-Shabibi will depend on what report of the fact-finding committee set up by the Council, headed by Finance Committee Chairman Haider al-Abadi," noting that "there are violations in the Central Bank."

The Secretary added that "there are indications the Finance Committee on breaches in the dealings of the central bank." 

Iraq and Kuwait are moving to close more of the outstanding issues

Iraq and Kuwait are moving to close more of the outstanding issues 08/29/2012 11:51 AM

Holds Iraqi and Kuwaiti officials during the next term meeting to close the pending issues as a prelude to remove Iraq from Chapter VII.

A source in the Foreign Relations Committee that the delegations from the two countries will exchange visits during the next term of the agreement on a date for a meeting to resolve some outstanding issues, including the file Kuwait Airways and the border and the issue of debt and Kuwaiti archives, with focus stage following the end the file of missing Kuwaitis and compensation.

The Iraqi-Kuwaiti relations will witness positive developments as confirmed Kuwait's ambassador to Iraq recently to the insured that the Kuwaiti side touches the seriousness of the Iraqi government to close the outstanding issues between the two countries since the nineties of the last century.
Click for Link

Specialists: rising inflation in Iraq naturally and is consistent with the reality of the economy

Specialists: rising inflation in Iraq naturally and is consistent with the reality of the economy 29/08/2012 15:01

Baghdad (Rn) : counting specialists rise in inflation levels normal and consistent with the reality of the Iraqi economy and imbalances suffered by them, stressing the possibility of control despite the presence of substantial reasons behind this slight increase.

And reduced the Vice Governor of the Central Bank of Iraq the appearance of Mohammed Saleh of the importance of the slight increase witnessed inflation levels during the past few months, considering the increases in prices and declining natural, not increasing.

Saleh told the Kurdistan News Agency (Rn) that the most important reasons for the high prices caused by imported inflation in the world, and particularly in imported foodstuffs, indicating that the food still accounts for more than 30% of the paragraphs constituting the consumer price index. 

How to Improve Economy of Iraq?

How to Improve Economy of Iraq? August 29, 2012

Iraq : In recent past Iraq has to go through a lot of hardships and recovering from such a situation is quite though, though not completely impossible. This country has taken up a lot of initiatives and worked very hard to improve its economy. The discussion here will be upon the ways through which Iraq can improve and reconstruct its economy, like where it should invest, where it has already invested, why alteration in the currency should be made and how alteration of the Iraqi dinar will change the course of economy in this country.

As Iraq is blessed with a huge amount of oil and gas, the country has relied upon this natural resource to deal with the broken down economy. Measuring 85% of the total economy, needless to mention that oil has provided the boost required for the recovery of the economic condition of the country. Iraq is among the top 5 oil producing countries in the world because of the huge reserve and production power, but it is not always true.
 


The below posts were in our 10am email
8-28-2012 Blaino: STAND BY FOR NEWS :::: MALIKI AND WHAT APPEARED TO BE SHABIBI ARE APPEARING ON IRAQI TV RIGHT NOW. I HAVE NO IDEA WHAT THEY ARE SAYING OR WHAT THE SCROLL IS THAT RUNS UNDER THE PICTURE.

I HAVE BEEN HEARING A LOT ABOUT AN RV INTERNALLY...DIFFICULT TO CONFIRM...ALSO SHOWED HILLABLAB AND A SHORT LIVE SHOT OF THE US SEAT AND THE SECRETARY GENERALS SPOT AT THE UN.

I'M WATCHING FOR ANYTHING THAT APPEARS TO INDICATE REVALUATION...THERE WAS A STILL PHOTO AND A STATEMENT FROM MALIKI ...MIGHT HAVE BEEN HIM READING IT IN THE BACKGROUND... I AM WATCHING IS LIVE, KURDISTAN TV.
...
[gsi3000] bluwolf What do you see as the first thing the political peeps doing with there countries new wealth??

[bluwolf] gsi3000 ABSOLUTELY NOTHING WILL BE DONE..

[keiji] bluwolf have you heard anything that makes you beleive this is imminent?

[bluwolf] keiji IT IS

[kids] Bluwolf--are u talking security at the banks?

[bluwolf] kids NO

[Digs] bluwolf What's your take on the Article that was posted today in the NY Post (and is alos on recaps) from Kaja Whitehouse about the Dinar ?

[bluwolf] Digs I HAVE NOT READ THE TIMES ARTICLE, SORRY
...


Intel4U BLUWOLF Q & A  08/28/2012  8:15PM EDT

[bluwolf] BUENAS NOCHES I PRAY FOR ALL THE PEOPLE IN THE HURRICANE'S WAY, LORD LET THEM BE SAFE

[DRAKEFORTRUTH] I believe those are old post being recycled

[bluwolf] DRAKEFORTRUTH THEY ARE

[DRAKEFORTRUTH] bluwolf what is the deal with dinarguru then,

[bluwolf] DRAKEFORTRUTH IDK   BELIEVE ME IF THERE IS INFO FOR YOU, OKIE WILL BE THE ONE TO INFORM YOU

[..SweetQueen] FYI: THE POST FROM BELLAGRITS ON DINARGURUS IS AN OLD POST MADE HERE AT INTEL4U ON THURSDAY, APRIL 19, 2012 AT 5:00 P.M. EDT
...


[..SAMBO] ATTN ALL: IT HAS BEEN BROUGHT TO THE ATTENTION OF THE OOM TEAM THAT DINAR GURU IS MAKING POSTS FROM BULLDOG75 AND OKIE OIL MAN - THIS IS A TOTAL FALSEHOOD - WE HAVE TALKED TO BOTH OKIE AND BULLDOG - THEY HAVE MADE NO POSTS TO ANOTHER SITE AND DO NOT POSTS ON OTHER SITES -- IF YOU WANT THE REAL AND TRUE OKIE & BULLDOG POSTS - THIS IS THE ONLY PLACE YOU WILL FIND IT - BELIEVE NONE OF THE OTHER SITES - THANKS SAMBO

[..SAMBO] OKIE HAS NOT POSTED ON ANY OTHER SITE - I JUST GOT OFF THE PHONE WITH HIM AND HE SAID THAT IS A TOTAL FALSEHOOD HE DOES and WILL ONLY POST HERE - IF YOU READ IT ON ANOTHER SITE AND CHOSE TO BELIEVE IT THEN WHY ARE YOU HERE - THE REAL and TRUE OKIE POSTS WILL ONLY BE MADE HERE at OOM.
....

The below posts shaded in green
are on our Iraqi News page
Deputy for the rule of law: five to ten deputies controlled the decisions of Parliament without taking the advice of others
Wednesday, August 29 2012 08:23

Baghdad: Euphrates News: MP for the coalition of state law, Abdul Salam al-Maliki for the five to ten deputies hold sway over the fortunes of Parliament without taking advice or listen to the views of more than 310 MPs, calling Bdharoh Liberation House members from the control of parliament and leaders of parliamentary blocs .

Maliki said in a statement received by the Euphrates News Agency {} copy Wednesday that "leaders of parliamentary blocs and the Presidency Council of Representatives control the decisions of the Council without putting any consideration for the Board members in terms to be agreed at a time inside the closed doors to vote or postpone the vote on the laws and important decisions without going back to the members. "

 

Enact laws supporting private sector
29/08/2012 12:00

BAGHDAD - morning : MP Abdul Abbas Xiaa directed Parliament to amend and enact laws promote investment and provide appropriate working environment to activate the work and achievement.

said Xiaa that the current stage requires issuing new laws guaranteeing the rights of the investor and the project owner (the state) and provide a favorable environment for the implementation of specific projects within the time periods specified, pointing to the need for cooperation with the private sector in this area to find out when the most important determinants legal.

pointed out that most current laws related to economy socialist sector, especially as the Constitution guarantees the transition towards a market economy.

mention that most of the investment projects collide with obstacles Legal confuse stages of implementation or inhibit implementation of the project from the ground up.

http://www.alsabaah.com/ArticleShow.aspx?ID=33900

 

Despite the obstacles in infrastructure .. Iraq looks to be one of the largest gas producers
Wednesday, August 29 2012 10:19

BAGHDAD / With: Iraq is looking to become one of the largest gas producers, and comes through the implementation of some projects and the conclusion of new and promising partnerships between Iraqi national oil companies and international companies.

Among these initiatives Basra Gas Company, a new covenant partnership extends for a period of 25 years between the South Gas Company and the two "Mitsubishi" and "Shell". The partnership aims to collect and process and convert raw gas currently flared. This initiative shows that Iraq take the track, where he works to control this source precious goal of associated gas which flows end up in favor of the country's economic growth.

In spite of this, and as a result of years of war fought by Iraq and penalties that sustained during the past decades, however, some companies such as the Basra Gas Company, still face many challenges ahead as a result of a difficult working environment there. For example, the largest of these is the rehabilitation of infrastructure such as ports, airports and roads.

 

Iraq and Kuwait are moving to close more of the outstanding issues
29/08/2012 12:39 am

BAGHDAD - Shaima Rashid : held Iraqi officials and Kuwaiti during the next term meeting to close the pending issues as a prelude to remove Iraq from Chapter VII.

witnessing Iraqi-Kuwaiti relations are positive developments as confirmed Kuwaiti Ambassador to Iraq Ali insured recently that the Kuwaiti side touching seriousness of the Iraqi government to close the outstanding issues between the two countries since the nineties of the last century.

said a source in the Foreign Relations Committee's "Center Brief for the Iraqi Media Network," that delegations from the two countries will exchange visits during the next term of the agreement on a date for a meeting to resolve some outstanding issues, including the file Kuwait Airways and the border and the issue of debt and Kuwaiti archives, With focus the next phase to end file missing Kuwaitis and compensation.

 

Shara: a parliamentary committee to resolve the differences on the oil law
Wednesday, 29 August 2012 07:09

Baghdad / Orr News: Declared to the Commission on oil and energy parliamentary form a committee of 12 member of the House of Representatives in order to resolve the differences on the law of oil and gas. The MP said Furat al-Shara member of the Commission on oil and energy parliamentary: "The oil and gas law is one of the basic laws strategic to regulate relations between the federal government and the provinces, especially the Kurdistan region, as well as that organized between companies basic giant invested in all parts of Iraq and the federal government."

Shara said the presence of four paragraphs out of 54 legal clause in the law of oil and gas are the focus of the difference between the federal government and the Kurdistan region, noting that those points relating to ownership and management and fitness.

 

Expert: inflation rose because of reliance on oil as a source of State revenue
2012-08-29 15: 32: 30 Wednesday

Baghdad (News) : Economist Tawfiq returned, the reasons for the high hurdle rates of inflation in Iraq, the total appropriation for oil economically, as well as increased consumption and lack of agricultural and industrial production as a result of Government negligence.

He said Mana (News Agency news) on Wednesday: that dependence on oil has reached 97% in the economy of Iraq, in contrast, agriculture and industry have deteriorated, leading to high rates of inflation in Iraq.

 

Accuses with UNAMI Electoral Commission formed
2012-08-29 15: 27: 54 Wednesday

Baghdad (News) : Search first Deputy Chairman of the Chamber of Deputies with a delegation of Qusay Suhail United Nations Mission in Iraq (UNAMI) forming the Election Commission Bill shenanigans provincial councils elections.

Suhail said in a statement received (News Agency news) on Wednesday: discuss the formation and selection of members of the Election Commission after they reach their final stages as well as amendments to the District Councils elections.

Stressed: the importance of accelerating the selection of members of the Election Commission to carry out its duties in the next elections as the Nations of the world are Iraq from developed countries in the area of Electoral Commission, it said, adding that the role of the United Nations Mission and the supervision of elections required to install international standards and assist in the technical aspects of the new Commission.

For its part the United Nations Mission expressed its desire to expedite the resolution of the topic of the Election Commission and chose Member provincial Council elections on time

http://www.ikhnews.com/news.php?action=view&id=53618

 

The Ministry of Education issued tariff guide on how to fill out the form to the central electronic acceptance
2012-08-29 14: 20: 23 Wednesday

Baghdad (News) : The Ministry of education sign tariff obsolete electronic fill-in for admission in universities and colleges for the academic year 2012-2013, via its website.

Spokesman for the Ministry, Kassim Mohammed Jabbar in a statement received (News Agency news) on Wednesday: the window for filing on the website includes (12) page to publicize the mechanism for filling out the form, indicating that the first page of a custom login form, which requires the examination of student number and PIN number (code), while the second page to enter the confirmation number that will appear for the student and the student login button is pressed, will be the third page containing the full name of the student Total grades section, school and fields names of colleges and institutes to enter college or Institute in the field next to the number that represents the sequence of the student's choice, according to his wishes and modified, either the fourth page will see it initially, and the fifth will be devoted to see the student for his choices.

 

Deputy law calls for review of the distribution of seats on Provincial Councils Act 
2012-08-29 14: 19: 17 Wednesday

Baghdad (News) : Student member of parliamentary integrity Commission Deputy from the State of law Coalition/Hussein Al-Assadi, the distribution of seats by multiple circuits in the District Councils Act, calculate the highest votes in the constituency.

He said in a statement sent to Al-Assadi (the news agency news) on Wednesday: the District Councils Act needs to review regarding the allocation of seats in conservatism by multiple circuits, called al-Asadi House enactment of amending the law and activation issue.

Confirmed: that discussions are ongoing and the House can respond to the topic, especially in the shadow of an appeal by the Council members on the paragraph concerning the calculation of the highest votes and support representative for the proposal, as well as the religious authorities and people support the subject.

http://www.ikhnews.com/news.php?action=view&id=53608

 

Al-damluji: increase the number of members of the Commission will create an army of unemployed undersecretaries
2012-08-29 15: 49: 04 Wednesday

Baghdad (News): Coalition announced that Iraqi efforts to ensure the full independence of the new Electoral Commission through the focus on UNHCR's Council of independent and non-political parties and blocs defined with professionalism and scientific.
The spokesman said Iraqi Deputy coalition in a statement sent to Al-damluji Mason (News Agency news) on Wednesday: we don't need to increase the number of members of the Board of Commissioners to (15) that creates an army tractor of undersecretaries of the unemployed, but only nine members as stipulated in the Law Office that they are selected from the components of the Iraqi people under the country's Constitution and compromise and not according to the party-numerical representation based on a greater share of the UNHCR Council of Received more votes in previous elections.

She added: we are heading to develop proposals to amend the current Commission and take advantage of the laws of the States of the world, and invited deputies of blocks and other political entities to expedite the selection of new Commissioners on the basis of competence and integrity, and cut the way for every would-be finding excuses to postpone the elections and manipulate the democratic process in the country.

http://www.ikhnews.com/news.php?action=view&id=53627


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