Truck and Barter

They already opened WTO talks with Iraq earlier, (this article from Dec 2004) and are trying to qualify it for WTO status, Michael.
Sara.
---

WTO to Open Membership Talks With Iraq
World Trade Organization Gives Green Light for Iraqi Membership Talks
The Associated Press

GENEVA Dec 13, 2004 — The World Trade Organization decided Monday to open membership talks with Iraq.

The WTO's ruling General Council agreed by consensus to accept Iraq's application, trade officials said, thus starting the lengthy negotiations on terms for the country's joining the 148-nation organization that sets the rules for global commerce.

Iraqi Trade Minister Mohammed Mustafa al-Jibouri hailed the move, saying it was as significant as last month's decision by the Paris Club of creditor nations to write off 80 percent of Iraq's debts.

"We believe that these measures and other positive economic initiatives on the part of the international community will help bring stability and security to my country which had suffered a lot and still is," he told the General Council meeting

Iraq was granted observer status at the WTO in February a first step to gaining membership, giving it the right to attend meetings and hold some talks with WTO member countries.

It can now begin formal talks, which will likely last for years. To gain entry, prospective WTO members have to negotiate individual treaties with major trading partners and change laws and regulations to come into line with WTO rules.

"We believe that at this time, the accession process is far more important to us than the accession itself," said al-Jibouri, adding that it the possibility of membership would spur reform in Iraq.

"The new Iraq looks with great optimism at achieving political stability, economic prosperity and social development," he said. "We believe that our reintegration into the world trading system is an essential element to fulfill those aims."

http://abcnews.go.com/Business/wireStory?id=325705&CMP=OTC-RSSFeeds0312

Why are we in Iraq?
Even if we can't agree on what each of us thinks is the first motives..
I do think we can agree that the entire Iraqi endeavor has helped forestall this threat (below).
Imagine if GWB had done nothing and tried peaceful negotiations with the terorrists
(how reasonable are they proving themselves to be now at negotiating?).
Would they not have worked in the dark plotting an even greater 911..
this one with WMD or nukes from Saddam? Do you think France, Italy
or Canada would have been at risk for being their first target?
Sara.
---
Experts warn of substantial risk of WMD attack
New survey predicts 70 percent chance of attack in next decade
MSNBC Updated: 6:22 a.m. ET June 22, 2005

WASHINGTON - There is a 70 percent risk of an attack somewhere in the world with a weapon of mass destruction in the next decade, arms experts predicted in a survey released on Tuesday.

They also said up to five more countries are likely to acquire nuclear weapons within the next 10 years.

The survey, conducted by U.S. Senate Foreign Relations Committee Chairman Richard Lugar, describes a threat that is “real and increasing over time” and endorses vastly increased funding for non-proliferation programs.

“Even if we succeed spectacularly at building democracy around the world, bringing stability to failed states and spreading economic opportunity broadly, we will not be secure from the actions of small, disaffected groups that acquire weapons of mass destruction,” the Indiana Republican said in a preface to the survey.

“Everything is at risk if we fail in this area,” he said.

A Lugar aide who oversaw the survey told Reuters 70 percent is “a very conservative estimate.”

An attack with a dirty bomb, combining a conventional explosive like dynamite with radioactive material, is seen as most likely, with a risk of 40 percent over the next decade.

The survey report also said “there was a broad agreement within the (experts’) group that nuclear weapons will proliferate to new countries in the coming years.”

Iran is pursuing a nuclear program that the United States and other nations believe is aimed at producing nuclear weapons. Iran insists its program is peaceful.

http://msnbc.msn.com/id/8312212/

Thanks for information.

Does anyone else feel like a Dinaroholic? I got into this about 2 weeks ago and now I eat sleep and drink Dinars. There is a rumor forum over on another page involving Treasury Department Officials and Attorneys - this whole thing has my head spinning!

Yikes - all I think about is buy more Dinars, no dont buy more Dinars, yes buy more Dinars. My friends & coworkers think I am nuts!

Steps are falling into place...

Bank of Oklahoma is dealing in NID.

The contact is [Removed by K. Brancato for privacy reasons] and she advised that she can only place orders for or buy NID from Bank of Oklahoma account holders.

Just for info Bank of Oklahoma does their international trading with BofA.

Get ready for July!

[Editor's Note: My apologies for modifying this post, but please don't post private information unless you have permission!]

Comment by itroxell at June 22, 2005 01:32 PM | Permalink

OKLAHOMA Exchanging Dinars

--------------------------------------------------------------------------------

The Bank Of Oklahoma started yesterday, June 20th 2005., selling Dinars with a 15.00 cost added to the exchange rate. This is very good news!!!!!

I saw this posted on another mesage board and thought that this was really significant news for those that are holding Dinars. Iknow this time last year they would laugh you out of most any Internation bank if you asked them about IRAQ Dinars. if they are selling it today. I have to think they will buying it sometime in the near future. Yes as soon as it goes on the market. I see this as the bankers getting everything in place. Any thiughts on this and what it could mean??? :)) I am getting giddy here people. :))

[Editor's Note: This information has been disputed].

EXCITING NEWS!!! :)

The Central Bank of Iraq went offline with its currency exchange this morning. When it came back on, the rate was fixed at 1465.00 sell.

http://www.tbiraq.com/menafn_currencies_bl.asp

The speculation is that they will tightly control the rate going up now, perhaps in the thirty cent increments previously posted by Mark when he said, "they will raise the value .25 to .30 cents at a time"

http://truckandbarter.com/mt/archives/000502.html#11976

We may not have to wait til July..
It's lookin GOOD!! :)

Sara.

Michael;
WTO and IMF are on the agenda.. :)
Sara.
---
UN calls for faster progress on Iraq
22/06/2005

(MENAFN) In an opening statement to the international conference on Iraq, the UN's Secretary-general, called for "faster progress" on reconstruction development and humanitarian assistance, FT reported.

Representatives of more than 80 countries and organisations, including the US secretary of state, gathered at the conference in Brussels.

The event, co-sponsored by the European Union and the US, was first announced during President George W. Bush's February visit to Brussels. It is intended to be a signal both of strengthened transatlantic ties and increased international support for the Iraqi government that emerged after the country's democratic elections.

Iraq's foreign minister said the key message you'll hear is a call to share the burden and stabilise Iraq.

Iraqi government ministers will not be asking for donor funds - a donor conference is set to be held in Amman next month. But the minister said they would indicate their priorities and try to attract greater assistance in areas such as training of judges, prison wardens and police.

In fact, the EU agreed on a "rule of law mission" to carry out such tasks in February, with an aim of training about 770 officials over 12 months. The mission will be highlighted again today, since it is scheduled to become "operational" on July 1.

The EU has also provided substantial funding, collectively pledging $1.5 billion at the 2003 Madrid donor conference on Iraq, while the European Commission plans to open a representation in Baghdad.

The conference's final declaration is set to call on donors to step up their disbursements, for Iraq to develop ways to make such payments easier, and for countries that have not yet pledged support to rethink.

It is also likely to ask Iraq's other creditors to forgive the country's debts "on terms as least as generous" as debt relief granted by the Paris Club of creditor governments.

It is expected to call for support for Iraqi membership of the World Trade Organisation and to ask Baghdad and the International Monetary Fund to conclude a standby arrangement this year.

http://www.menafn.com/qn_news_story_s.asp?storyid=97005

Sara,

Thanks for the info!

I confirmed this by calling the BoO office in Tulsa and they said it takes 3 days, $816 (cash) per mil.(today) + $15.00 fee. You do not have to be a customer of BoO and they can exchange them as well. It takes 2 weeks and a $10.00 fee. She told me there is no tax obligation(don't know her basis).

Sounds like very good news!

Hello,
REGARDING THE BANK OF OKLAHOMA
I called the Bank of Oklahoma and the number that was given on this forum and another forum. The lady, Beverly said that this information is FALSE. She is really upset that someone is giving out her number. I told her that I would post this message on this forum.

Frankie...Wrong! It is REAL!

Here are the numbers that are on the B of O site and I called the Tulsa location!

Foreign Currency
405-272-2241 International Teller, OKC
918-588-6197 International Teller, Tulsa

Dear All,

I just recently called HSBC to ask if they were going to trade in NID any time soon and the man on the other line responded very abruptly with a "NO" as if he knew something. What do you think of this? Also, when it is time to cash in do you think it is better to only do a portion or the whole amount? I know there will be a mad rush if the NID pegs at 0.42, but is it better to wait it out and see if the value of the dinar increases over time.

Waiting eagerly for your responses....

Investindinar

Carl, I wanted to respond to your post last night, 21 June, but it got too late. What I will say now is I do agree with all your listings of Iraqi accomplishments for present and future.

The order in which they are accomplished remains unpredictable. On this I’m sure we agree. The reason for my posting now, in response to you ideas, is to add this thought.

I am not an economist and I am not saying my observances are factual but general. The Iraqi economy is in dyer need of reform. Subsidies in some areas have made competition impossible. The purchase power of the now dominant NID currency is too far below the needs of the people. Salaries have doubled for some professional people to keep them form moving out. In short, many preparations within the economy have been acted upon for the purpose of enabling a change in valuation, sorely needed.

I see your list of needed accomplishments drawing to fruition into the future. However, part of what the Iraqi people need, in order to accomplish this list, is more true value currency. I don’t see pegging as label for total success in Iraq. I do see incremental increases based on accomplishments from your list and more.

I hope I don’t get “torne up” too bad with this. It’s just my view and thoughts. I like to share a little, as apposed to only reading all your great posts. I think it’s time to start picking out some good travel sights. I think I hear a sound like a train coming down the track. It’s time to get that family trust in order.

Chromeman

Hello all
What great news we have been reading the last couple days.I see that IRAQ is in talks with WTO,this can be nothing but good.Yes I believe that sound we here could just be that wonderfull NID train.Hey terrance are you ready to pick up that drink and match.Good luck to all and IRAQ.
RON.
P.S.
Thanks again Kevin for the thread.

Hey NID gang I just called the lady at B of O and she said that it is an untruth what was posted on this thread.The B of O is not dealing in or with the NID.The person who posted that lie should be shamed of thier self for the damage to feelings of people they do and do not know.So please no more calls to this lady or bank.
RON

Hi Gang,

I just wanted to relay that I just called the Bank of Oklahoma and spoke to Beverly. She was quite upset about the call and said that the Bank was definitly "Not" selling IQD. She also said that she was very upset that someone has given out her her name and telephone number on this website and hung up on me!

I tried to call the other numbers that "Capt'n" left for the Bank and it was after hours, so I couldn't verfy.

Outlaw in Iraq

Comment by outlaw in Iraq at June 22, 2005 05:28 PM | Permalink

So how does Capt explain all this. He says he spoke with the woman???

Frankie...Wrong! It is REAL!

Here are the numbers that are on the B of O site and I called the Tulsa location!

Chromeman
No problem with your observation. I think that is good sound thinking.

Comment by Carl on Wilson Lake at June 22, 2005 07:00 PM | Permalink

hello gang,
I have been sitting in the background reading the post. I am like alot of yall, I believe that things are following in place. My biggest worry was if there was a peg at like .20 cents that the Iraq Government could not handle everyone cashing in at once. I later have read other post and used logic and if a bunch of people cashed in at .20 cents then someone would turn around and purchase the million (s) and hold on it until it reached another increment like .50 cent. I Believe we will see an incease in the Dinar soon. There are too many things happening and in the making. I also read Carl's post and understand his view but i believe Sara is on the right track when she said it will be "SOON" Any way, this is not my call, but I am looking for the Dinar to increase in 2006. So yall let's figure out where we going to have the party at, i suggest at Carl's place. LOL
Hank

Dear Investindinar,
I have ordered many times from GID Associates and have gotten my NID within 3-5 days. I've also had no problem reaching them by phone. You can get 1 million NID for $780 + $19 shipping. I hope this helps. Thanks everyone for all the excellent info and Kevin B. for this great site.
Take care, M2B :)

I spoke with a rep of BoO this morning and they did confirm selling and buying the dinar. the number is 9185886197. Im not sure whats going on . . . but they told me that the rate was .000589 buy back, and .000816 sell. After reading the posts it doesnt add up.

ABOUT BANK OF OKLAHOMA

I CALLED THE OKLAHOMA CITY BRANCH THIS AFTERNOON.

They are not dealing with Iraqi dinar, either. I talked with the international teller there.
I tried to contact the Tulsa branch. I got a recording. I wasted long distance charges just checking this out. It looks like a dud to me.

Dear All,

Quick question, if the dinar pegs in the next few weeks and we are able to go to HSBC and cash it in, do you have to have a receipt showing where you bought it and for how much? What I am saying is, won't they ask questions as to how we have (potentially) hundreds of thousands of dollars when we go to the bank?

Take Care

Investindinar

Bob said Sara: I totally respect your opinion and narrative on why we are in Iraq, but you will have to admit that we stirred up a hornets nest in Iraq and brought terrorists and insurgents from several countries to Iraq to pursue their beliefs.

Bob, with the position I currently posses in Iraq, I can tell you your above statement is exactly what we are after. The terrorist are coming from countries that support terrorism from all over the Middle East and Africa. We have given them a place to fight and die for their beliefs here in Iraq, not on American soil. Very few of the current attacks are being portrayed by Iraqis. In fact, the terrorist are kidnapping Iraqis and using them as bate to get a loved one to be a suicide car bomber (VBIED) we have remains chained inside vehicles, feet taped to accelerator peddles and so on. We have killed tens of thousands of terrorist right
here. You see your opening statement argues against your point. I know situations like this are difficult and bring out strong emotion on both sides. Bottom line, there have not been any more incidents on American soil; Bin Laden has called for them recently and yet no action. This will in time change unfortunately, but for now we have brought the war to them.

Sterling, I have a great deal of knowledge of just what it took and still does to be a driver in IRAQ and in NO way was it a little part of this whole operation. I have not driven a truck over here myself, but was a fixture in the &&$ mission (SORRY I CANT GIVE THE REAL NAME) I know the exact body count you drivers reached, I know all the names of the fallen and many of the severly wounded. You have my up most respect for you courage. The American people do not have a clue as to the hazards you and the other drivers faced daily. Or the trillions...Not an exaggeration gallons of fuel moved up country. With out this nothing would have been possible. Thank you for your service in the theatre, Respectfully the former TR&&&OPS 1

PS, I hold the same respect for all the sections, not just the fuelers
Sara, keep it comming

Millionaire2B,

Second your comment on GID Associates - smooth as silk. Received my order in 5 business days.

For the people who gave the bank and woman's name about the dinar: Did you ever think she was not suppose to release that info at this time and you may have jeopardized her job by mentioning her name. That's why when you call some people, they abrubtly say no. It is not suppose to be public yet. The woman probally thought her name would never be mentioned and look what confusion you have caused. Maybe even her job.

just getting on the train,

"Loose lips sink ships"

If she gave out her name and phone # and released confidential information to the general public she is either an idiot or a fool. If somebody else did it - shame on them.

Chromeman, Exactly my main point earlier this week. The fact remains that the economy is Stalled, unemployment is about 60% and the dinars value is so low. How can Foreign investors came into this country with the way things are? The only way out is a change in the value of the currency to show the world and foreign investors that they can make a go of it. Any small adjustment to the currency rate would still make Iraqi exports attractive. Any one elses thoughs on this? Thanks,Jose

Mark,

thanks for your comments!! I went for selfish reasons, i went thru a divorce, ended up broke, needed quick money and some space. I left with a whole different view of the Iraqi situation. The Iraqi people deserve to be free as much as I do, they are no less as a people than we. The Iraqi's I met and worked with were very gratful for our being there and they were as scared for their safety as I was for mine. It was very humbling to have an old man, who looked to be around 70 to 75 y.o. show his gratitiude by trying to kiss my foot. I didn't drive a tanker while there, I moved military equip. by flat bed. Did some relief supply movement, briefly.

I made a call to a person I know personally in Tennessee who handles international funds ( no names or phone numbers )this morning. She told me to her knowledge no banks, including the one she works at, is allowed to deal in anyway with ID as of now. It's a restricted currency and can't be traded. I'm not saying this is right or wrong, simply stating what she said. She is a friend of my family and has been doing this for 15 years or so. I asume she has some level of expertise here???? She and I have had several conversations on this subject and she will let me know of any changes as they happen. Any info I get thru her I will post here promptly. Unfortunately I have no way of verifying whether it's right or wrong. I have a majic wand that can fix all this, but the batteries are down and I can't find the charger. Stupid fairy batteries!

Last one on the list??

In this post:
http://truckandbarter.com/mt/archives/000502.html#9753
It says in that article that, quote, " the Saudi government has killed or captured 25 out of the 26 leaders of Al-Qaeda that the government identified after Al-Qaeda launched its major offensive in Saudi Arabia in May 2003." This appears to be the news on the the last one on the list.
Sara.
---
Website says top Saudi militant killed in Iraq
(Reuters)
23 June 2005

DUBAI - Iraq’s Al Qaeda group said on Thursday that a senior Saudi militant, wanted by Riyadh, has been killed in battles against US forces in Iraq, according to a statement posted on the Internet.

The group, led by Jordanian Abu Musab al Zarqawi, said Abdullah Mohammad al-Roshoud had been killed in fighting in Qaim in Iraq. He is one of three Saudi fugitives at large from a list of 26 senior Al Qaeda militants accused of carrying out a string of attacks in Saudi Arabia.

http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/focusoniraq/2005/June/focusoniraq_June148.xml§ion=focusoniraq

this is old and ive read it there before, but have not read about it here
so my question would be why not peg after this is completed.... doesnt say completion date but says the firm selected will be anounced on JULY 15 2005
so however long it takes to do the audit i would think it would post after that maybe...any thoughts

Pursuant to the provisions of article (48) of the Banking Law No. 56 of 2004.

The Ministry of Finance invites all International Firms for Audits, desiring to audit the Central Bank of Iraq accounts, who have the experience in the field of Financial auditing of Central Banks and large International Financial Institutions, to submit their Offers in this regard, as follows :

1- Examine the Bank's accounts for 2004, audited by the Chamber of Supreme Audit, according to International Accounting Standards.

2- Audit and revise the Bank's accounts for 2005.

The closing date for receiving the offers will be 30/6/2005. The selected Firm will be informed on the 15th of July 2005.

3- Offers should be submitted to the Ministry of Finance – the Minister's Office.

Dr. Ali Abdul Ameer Alawi

Minister of Finance

http://www.cbiraq.org/cbs10.htm

Calm before the storm!

Carl;
I think your assessment, including chipmunks, appears rational and correct. :)
Sara.
---
National Security Watch: Iraq insurgency vital to al Qaeda
Posted 6/22/05
By David E. Kaplan

How important is the Iraq insurgency to al Qaeda? It is now "the central battle" being waged by Osama bin Laden's terrorist network, according to a just-released report on al Qaeda's ideology by the Congressional Research Service. The study... notes that recent statements by al Qaeda Iraq chief Abu Musab Zarqawi and military leader Sayf al Adl both point to Iraq as an opportunity to spread their movement deeper into the heart of the Arab world.

With much of its leadership killed or captured and bin Laden thought to be hiding along the Pakistani border, al Qaeda is not the threat it once posed. But these latest missives from its leaders, taken together, suggest that the terrorist group behind 9/11 remains a worrisome threat. They appear designed to broaden their movement's appeal, gain material support, and "inspire new and more systematically devastating attacks," says the report, written by CRS Middle East analyst Christopher Blanchard.

The varied statements make up what the report calls "a sophisticated public relations and media campaign" over the past decade, one that has grown in importance in recent years. All told, they suggest that the movement's key goals remain unaltered and uncompromising, notes Blanchard: the expulsion of foreign forces and influences from Islamic lands, and the creation of a pan-Islamic state ruled by Koranic law.

http://www.usnews.com/usnews/news/articles/050622/22insurgency.htm?track=rss

----
7 of 10 say Gitmo treatment not unfair
36% says detainees being treated 'better than they deserve'
Posted: June 22, 2005

A new poll reveals seven of 10 Americans believe the terror detainees at the Guantanamo Bay prison camp are being treated "better than they deserve" or "about right."

The poll conducted by Rasmussen Reports found 36 percent of respondents believe the prisoners are being treated "better than they deserve," while 34 percent said "about right."

Just 20 percent of Americans polled believed detainees have been treated unfairly.
http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=44929

ok so maybe this has been brought up before but has anyone actually looked at the ratios of all these numbers that are floating around....like
peg .05, .10, .20, .33......
so if the dinar know is 1:1465
to get to .33 it would be 1us:3nid
i think even .01 is going to be a miracle that would be 1us:100nid...not to rain on any parades i want it to be at .33 for sure and that is when im exchangeing... does anyone have some charts or history of other curencies other than kuwait on the speed of curency recovery...i know that this situation is unique

Leaders pledge support to Iraq
June 23, 2005
BY JEAN H. LEE
ASSOCIATED PRESS

BRUSSELS, Belgium -- Iraq won wide and concrete support from the international community at a conference that wrapped up Wednesday amid high hopes for the future of a country where the new government is struggling to cope with a relentless insurgency.

No new money was offered -- the meeting was never intended as a donors conference -- but among the steps to emerge were the scheduling of a fund-raising conference set for July 18-19 in Amman, Jordan; assurances from several nations to follow through on recent pledges of aid or to consider debt relief, and expert advice on drafting a constitution before the December elections.

"It's a good day for Iraq," Iraqi Foreign Minister Hoshyar Zebari said joyfully. An emotional UN Secretary-General Kofi Annan called it a watershed moment for the nation.

The one-day conference in Brussels, hosted by the European Union and the United States at Iraq's request, brought together more than 80 senior officials from around the world.

Iraq, led by Prime Minister Ibrahim al-Jaafari, asked governments to follow through with pledges of aid, to train Iraqi troops, and to restore full diplomatic relations as a sign of their commitment. "The Iraqi people don't forget those who stood by them during time of agony," he assured them.

Nations at the conference adopted a resolution promising full support of the Iraqi government's "efforts to achieve a democratic, pluralist, federal and unified Iraq."

http://www.freep.com/news/nw/iraq23e_20050623.htm

Vice President Dick Cheney: Iraq will be 'enormous success story'
Thursday, June 23, 2005

WASHINGTON (CNN) -- Vice President Dick Cheney on Thursday defended his recent comment that the Iraqi insurgency was in its "last throes," insisting that progress being made in setting up a new Iraqi government and establishing democracy there will indeed end the violence -- eventually.

However, in an exclusive interview with CNN's Wolf Blitzer, Cheney said he thinks there still will be "a lot of bloodshed" in the coming months, as the insurgents try to stop the move toward democracy in Iraq.

"If you look at what the dictionary says about throes, it can still be a violent period, the throes of a revolution," he said. "The point would be that the conflict will be intense, but it's intense because the terrorists understand that if we're successful at accomplishing our objective -- standing up a democracy in Iraq -- that that's a huge defeat for them.

"We will succeed in Iraq, just like we did in Afghanistan. We will stand up a new government under an Iraqi-drafted constitution. We will defeat that insurgency, and, in fact, it will be an enormous success story."

Cheney also said Bush administration officials "don't pay a lot of attention" to polls showing declining public support among Americans for the Iraq war.

"The last thing you want to do is to read the latest poll and then base policy on that," he said. "Presidents are generally ineffective if they spend all their time reading the polls and trying to make policy accordingly.

Cheney compared the current situation in Iraq to the last months of World War II, when Germans launched a desperate offensive in the Battle of the Bulge and the Japanese offered stiff resistance on Okinawa.

He said the insurgents will "do everything they can to disrupt" the process of building an Iraqi government, "but I think we're strong enough to defeat them."

"There will probably be a continued U.S. presence there for some considerable period of time, because there are some things we do they can't do -- for example, air support, some of our intelligence, communications and logistics capabilities," he said. "But I think the bulk of the effort will increasingly be taken on by Iraqi forces."

http://www.cnn.com/2005/POLITICS/06/23/cheney.interview/index.html

Carl, Sara, Mark, Michael and all of you who contribute to the T&B:

I believe that we are headed in the right direction, like with the price of oil at $60.00 BBL and the European community taking an active interest in the success of Iraq. Like I have said many times, security is the key. If we stop these idiots, we can succeed. If we continue to pamper them then they succeed. We need to eridicate all terrorists. If they have been to a terrorist school or if they have terrorist ties, then they should be given a chance to prove their innocence and if they can't, they should be killed.

The civilized world should not have to give up their way of life to placate terrorists. We are giving these terrorist the same benefit of the doubt as we do our U.S. killers, and the same humane treatment. Terrorists must be stopped and there is no humane way to do it.

Mr. Bush got us into this situation, and I am trusting him to get us out with some degree of success, and therein lies the hope of success of the Dinar. As I have said before, Mr. Bush in dedicated to insuring the stability of Iraq and is willing commit any amount of U.S. dollars. So, it is matter of time until all these thing come together and the Dinar starts to move upward.

I am planning to get one of the first slices of the pig at Maui.

Bob!
I agree a lot of what you said, however, I do not believe GWB got us into anything.
GWB has done what he was supposed to do as a leader of a nation. Be strong, be vigilant toward your nation and the world. View things as they are, not as you want them to be and act accordingly.

The United Nations had issued so many decrees and warnings against Saddam, for non-compliance that he only laughed. Its like some of school officials here in the USA, telling a unruly student to sit down or I will put you name on the board, and go tell the principal.Its about time, we had a strong school leader who said, enough is enough. Watch me! Follow me! I am going to start taking our schools back.
Words without true meaning are like vapors of mist, barely seen and rarely felt.
Saddam knew unless, GWB had bigger ones than ole Teflon Bill Clinton, he was going to do just what he wanted to do, cause he knew, he had France, Russia, Germany, and 100 other small tick (bloodsuckers) nations in his pocket because of the oil bribes.
Well! Guess What!!!
When George Walker Bush told ya you are in for a Ass Whupping, ya better start looking for some padding.
George W did what every leader should have been doing before he was given the wheel of the ship. Put steel in your words, say what you mean with clarity, and mean what you say with action and resolve. Let your words have strength, character, and direct meaning without having to have a interpretor of political gibbish to understand them.
No! I don't believe George W put us anywhere. It was the incompetence, the dishonesty, the running of the spineless pack of UN leaders and the world Leaders who stopped and said, HUH! WHAT! YOU CAN'T DO THAT! WE HAVEN'T BACKED UP OUR WORDS IN YEARS! WHO DO YOU THINK YOU ARE? YOU ARE UPSETTING THE APPLE CART HERE! HOW DARE YOU TO STAND BEHIND YOUR WORDS, AND ACT LIKE A LEADER! YOU ARE STARTING TO MAKE US LOOK BAD!
Because of GWB, we have thousands of iraqi's alive that would now be dead.
I remember looking at a website showing saddam's henchmen wiring two men up with explosives. These men had their hands tied behind them. Once wired, it showed the soldiers force the men down in the hole. The next thing you saw was a spray of dirt, body parts and blood being blown upward from the hole. Then soldiers laughing.
Yep! Senators like dubin, kennedy, dennis the spinach, are spineless, waffling parrots, who have no clue as to how to lead anything, except a group of old men with excited minds and limp members in their hands to the whore house.
Thank God for a man who says what he means.
Thank God for a man who has the strength and resolve to back up what our nation stands for.
Thank God for America, who sometimes is slow to anger and act, but when shoved too far will put a boot up your ass, and open a #10 can of whoop Ass with her teeth for ya to eat.

Comment by Carl on Wilson Lake at June 24, 2005 09:11 AM | Permalink

Wilson,

Well done I must appreciate what you write. I am fully agreed with you. and happy with GWB leadership qualities. Really he is great leader. he did according to suitation.

Peter

Carl I sure do like the way you think

Playing Ostrich..

The War in Iraq is very integrally tied to the fortunes of the Dinar. If the war succeeds, the country and the Dinar succeed. So I want to put in my two cents worth on HOW to win a war.. simple, common sense words, these. However, it is a lack of this clarity of thought that seems to be putting our forces at risk. So, for what it is worth, my thoughts on the war and what we need to do to win... for the US, for Iraq, and for the Dinar. :)

When GWB took the Whitehouse for a second term, they ridiculed him for putting in people with the same vision and team spirit, calling them "yes men" (and women). However, in the movie "Remember the Titans" the team never won against their enemies as long as the issue of race divided them. Anyone not working for the team (black or white) was eliminated in order that they could focus on the goal of winning, together. All dissenters who could not work within the team and for the team were removed from participating. This was the strategy, and, in history, they won. War is a similar thing. When a country is at peace, the checks and balances of opposing views allow us to use the constructive criticism to learn where we are weak and improve ourselves. In war, it only tears down and gives the advantage to the opposing forces. Division and bickering between ourselves is a sure path to defeat.

When House Minority Leader Nancy Pelosi, D-Calif. said, "The president wanted to go to Iraq in the worst possible way and he did," Pelosi said. "The president is on the ropes." This is not constructive and team building. It does not help in the war, which should be the focus of the country until we are at peace again. The reply by Karl Rove:

Rove, Bush's chief political adviser, said in a speech Wednesday that "liberals saw the savagery of the 9/11 attacks and wanted to prepare indictments and offer therapy and understanding for our attackers." Conservatives, he told the New York state Conservative Party just a few miles north of Ground Zero, "saw the savagery of 9/11 and the attacks and prepared for war."
Rove said the Democratic Party made the mistake of calling for "moderation and restraint" after the terrorist attacks.

Quotes from: http://www.foxnews.com/story/0,2933,160495,00.html

I don't think Mr. Rove needs to apologise for these sentiments. It is obvious to anyone on the front lines that the dissenting politicians back home are weakening support for them and their mission and putting their lives more at risk. It is not being "yes men" to be a team player and offer support to the team called America. Politicians who call themselves Americans should be AMERICAN first, and part of their party second. They should be putting the lives of the American servicemen and women first before their own political advancement and criticism of the present Administration. They should put their own careers on hold and advance the interests and security of the nation instead, until we win this war. Unless we move together united, we will be defeated. Our enemies are not babies and none of us are Supermen. But united, we will take the goal. We will win. Can somebody get that idea through the skulls of those who think they are "pawns of Washington propaganda" if they so much as say we SHOULD be fighting terrorism? These people would prefer we wait until they annihilate us by the Millions? Are these dissenters so foolish as to believe that we can peacefully negotiate with the terrorists? (If so, how about we send THEM out to do negotiations with them RIGHT NOW? It would save time.. ) Do they truly believe that now, if we remove our forces from Iraq, the threat that the terrorists pose will just "go away"?

Sara.

Could tearing down ever be.. Treason??

Here is some interesting information and an excellent example of tearing down.
Ted Kennedy who quote, 'slammed the military effort as ”consistently grossly mismanaged,”
and called on Rumsfeld to resign.' (below, last sentence)
Now THAT is real team spirit, isn't it?
You can bet that this kind of sentiment just encourages America's men and women in uniform fighting for freedom in Iraq...
wouldn't you think?

For those who insist on ridiculing and tearing down... Does anyone of them know the definition of the word TREASON?
For the record, on Dictionary.com.. it is this:
1 -"Violation of allegiance toward one's country or sovereign, especially the betrayal of one's country by waging war against it or by consciously and purposely acting to aid its enemies."
2 - "the offense of attempting to overthrow the government of one's country or of assisting its enemiÕÈÛ¿ù·¢r; specifically : the act of levying war against the United States or adhering to or giving aid and comfort to its enemies by one who owes it allegiance."
3 - "a crime that undermines the offender's government"
4 - "disloyalty by virtue of subversive behavior"

Could any of those apply here?
Sara.
--
Iraqi PM meets with Bush to plan for future of Iraqi transition
(AFP)
24 June 2005

WASHINGTON - Iraqi Prime Minister Ibrahim Jaafari prepared on Friday to hold talks with US President George W. Bush on his nation’s troubled transition process, in which US troops will continue to play a pivotal role.

Jaafari told the Council on Foreign Relations think tank here Thursday that while terrorism remained a major threat in Iraq, US and Iraqi forces had made some headway against the insurgents.

He said thousands of terrorists had been jailed since Iraq’s transitional government took power in March, and the number of car bombings had fallen from 12 to 14 a day to less than one.

“The general trend is very much a downward,” he said.

“Previously, people used to avoid going out but now they stay out very late at night, so there has been a qualitative improvement in the security situation.”

His comments came as top Bush administration officials launched a public relations offensive to defend the war, insisting US soldiers were winning the conflict and rejecting calls for a timetable for withdrawal.

In an interview with The Washington Post, Jaafari said it would be a serious mistake to establish a deadline for US troop withdrawal.

“We would like to see the withdrawal of American forces as quickly as possible, because the presence of any foreign troops on our land means there is a weakness that we cannot by ourselves control the security situation,” Jaafari said.

But a deadline would “play into the hands of the terrorists,” he added.

“We strongly prefer an increase in quality of Iraqi forces, increase in number, increase in efficiency, increase in the effectiveness of tactics they use, as well as increase in equipment ... because it will allow other forces, especially American forces, to withdraw.”

The Iraqi leader on Thursday paid tribute to more than 1,700 US troops who have died in Iraq since the 2003 invasion to oust Saddam Hussein.

“We acknowledge that the blood of your sons has mixed with the blood of our sons and paid a very high price and sacrifice to bring about democracy and freedom,” he told the council.

That toll is likely to rise further. On Thursday, US General John Abizaid, who heads the US Central Command, conceded that there was still “a lot of work to be done” to break the resolve of a resilient insurgency, with more foreign fighters coming into Iraq than six months ago.

A US military official in Baghdad said Friday that rebels attacks in the capital would likely rise over the coming weeks.

However, Defense Secretary Donald Rumsfeld struck back at war critics. “Any who say that we’ve lost this war, or that we’re losing this war, are wrong. We are not,” he told a Senate Armed Services Committee hearing Thursday.

He said that setting a timetable, which some US lawmakers, including fellow Republicans, have called for, “would throw a lifeline to terrorists.”

Meanwhile, in an interview with CNN, Vice President Dick Cheney offered a pugnacious defense of the war effort, refusing to withdraw a remark last month that the insurgency was in its “last throes.”

“If you look at what the dictionary says about throes, it can still be a, you know, a violent period, the throes of a revolution,” Cheney said.

“The point would be that the conflict will be intense, but it’s intense because the terrorists understand if we’re successful at accomplishing our objective, standing up a democracy in Iraq, that that’s a huge defeat for them.”

A New York Times/CBS News poll last week showed 59 percent disapproval of how Bush was handling Iraq, the president’s worst rating since the war began, and emboldened Democrats are increasingly vocal.

Democratic Senator Ted Kennedy, one of Congress’s most vociferous Iraq war critics, slammed the military effort as ”consistently grossly mismanaged,” and called on Rumsfeld to resign.

http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/focusoniraq/2005/June/focusoniraq_June155.xml§ion=focusoniraq

That second definition was:

2 - "the offense of attempting to overthrow the government of one's country or of assisting its enemies in war; specifically : the act of levying war against the United States or adhering to or giving aid and comfort to its enemies by one who owes it allegiance."

It got garbled in transmission over the net..

As we watch good American soldiers fight and sacrifice in this war, it is something to think about.. the possibility these deconstructionist detractors could be bordering on treason, I mean.

Sara.

I think Ol Merle said it best. I also think a lot of the younger generation could learn a few things about loyalty and character sometimes. I know Ted Kennedy needs a lesson. I say he needs to resign his post. GO GW....Go IRAQ!!

I hear people talking bad
About the way they have to live here in this country
Harping on the wars we fight
Griping about the way things ought to be
I don't mind them switching sides
And standing up for things they believe in
When they're running down our country man
They're walking on the fighting side of me

I read about some squirrely guy
who claims that he just don't believe in fighting
And I wonder just how long
The rest of us can count on being free
They love our milk and honey
But they preach about some other way of living
And when they're running down our country man
They're walking on the fightin' side of me

Iraq's neighbours pledge to end isolation

BRUSSELS (AP) — Iraq will begin restoring full diplomatic relations with Egypt, Jordan, Saudi Arabia and Kuwait, officials said, ending more than a decade of frozen ties with its Arab neighbours.
Many Arab countries withdrew their ambassadors from Iraq shortly after Saddam Hussein invaded Kuwait in 1990, causing a deep rift between Iraq and its neighbours.

Iraqi Prime Minister Ibrahim Jaafari, speaking Wednesday at an international conference on his country, urged countries to upgrade their ties with Iraq.

"Open your embassies in Baghdad," Jaafari said.

Iraqi Foreign Minister Hoshiyar Zebari announced that Egypt would be the first Arab country to upgrade its diplomatic representation by appointing a full-fledged ambassador.

The conference, co-hosted by the European Union and the United States, endorsed Iraq's new government's reform plans.

Zebari, in his address, praised Egypt for "showing regional leadership by taking the decision to appoint the first Arab ambassador we hope to soon welcome in the new Iraq." Ihab Sherif, Egypt's newly appointed envoy to Iraq, arrived in Baghdad on June 1. It's not clear if Sherif will be upgraded to ambassador.

Egypt withdrew its ambassador in 1991 when it backed the US-led alliance against Saddam, after he invaded Kuwait.

In 1996, Egypt restored trade ties when the United Nations started its oil-for-food programme. Following the US-led war on Iraq in 2003, Egypt, like many Arab countries, sent an envoy and small mission to look after Egyptian workers in Iraq.

Zebari said he was also hopeful full diplomatic ties could be restored with both Saudi Arabia and Kuwait. He described relations with them as being "good and very positive." He added that Iraq asked the two countries to forgive some or all of Iraq's debts and readdress compensation for victims of Iraq's 1990 invasion of Kuwait.

"The Iraqi people are not responsible for the mistakes of Saddam," he told the Associated Press on Tuesday.

Jaafari told reporters that the secretary general of the Arab League, Amr Musa, will visit Iraq at the end of the month. Musa was a fierce critic of Washington's decision to oust Saddam and has demanded quick withdrawal of foreign troops from Iraq.

The Iraqi premier also said the Arab League will reopen its mission in Baghdad and send a group of Arab experts to help draft the constitution.

Also at the conference, Jordanian Foreign Minister Farouq Qasrawi announced: "We will be sending our new ambassador to Iraq very soon." No date has been given on the return of Jordan's ambassador to Iraq.

Jordan's embassy in Baghdad was targeted in August 2003 by a car bomb that killed 19 people. Following that attack, Iraqis stormed the Jordanian embassy and raised an Iraqi flag on its roof.

In Ottawa, Canada's foreign ministry announced it was naming its ambassador to Jordan to also take up the job in Baghdad. Spain was to send a new ambassador to Iraq soon, officials said.

Friday-Saturday, June 24-25, 2005

http://www.jordantimes.com/fri/news/news2.htm

Comment by Michael at June 24, 2005 03:33 PM | Permalink

WARNING TO PEOPLE JB.TRADER IS BACK!!!
The scum who ripped us off last year on ebay is now online again ..or did he even leave???

Here is KNOWN websites for him because i spoke to his brother last year while he was honeymooning in Alaska on MY MONEY!I spoke to both several times so know the voice
He was usdinars ,kind-hearts and many others.He has something to do with GID INVESTMENTS because i called that number last year and SAMIR TAYEH answered.

Here is his website www.dinarmerchant.com ,www.usdinar.com and www.dinarssales.com

I suspect he may be safedinar with a feedback of 1 .Keep out for him for sure !

Hey LOOKOUT,

I recently bought from dinarmerchant.com. How did he rip you off? Were the bills counterfeit, or did you just never receive your dinar?

U.N. Approves $200M for Iraq Development
By EDITH M. LEDERER, Associated Press Writer
June 24, 2005

UNITED NATIONS - The U.N. Security Council on Friday approved the transfer of $200 million in oil-for-food revenue to the Development Fund for Iraq and said an additional $20 million can be used to pay Iraq's past U.N. dues.

Iraq has been lobbying the council for months to stop using the country's oil revenue to pay compensation to victims of the 1991 Gulf War and the salaries of U.N. weapons inspectors — and to transfer all money remaining in the U.N.'s oil-for-food accounts to the development fund.

Earlier this week, Secretary-General Kofi Annan proposed transferring part of the $345.9 million that was in the account at the start of the year to fund U.N. weapons inspectors who had the task of dismantling Iraq's nuclear, chemical, biological, and long-range missile programs.

Annan proposed transferring $200 million to the Development Fund and using $20.3 million to pay Iraq's outstanding U.N. dues.

That would leave more than $125 million to pay for continuing activities of the U.N. Monitoring, Verification and Inspection Commission known as UNMOVIC.

France's U.N. Ambassador Jean-Marc de La Sabliere, the current president of the 15-nation council, said he has drafted a reply approving the secretary-general's proposal. Nobody objected, so the letter of approval will be sent.

"This is an Iraqi initiative," Iraq's acting ambassador Mohammed Al-Humaimidi said. "Of course, we are happy about it. ... It is our money."

But Al-Humaimidi said Baghdad won't be satisfied until all of the money in the escrow account is transferred to the development fund.

Iraq's U.N. Ambassador Samir Sumaidaie has been arguing that Iraq does not pose a threat and does not possess any weapons of mass destruction, and therefore it is a waste of money to spend more than $10 million a year on UNMOVIC.

"This is the Iraqi people's money," said Richard Grenell, spokesman for the U.S. Mission to the United Nations. "We welcome the council's decision to give the money back to them, and now the newly elected government can decide how best to spend it."

http://news.yahoo.com/s/ap/20050624/ap_on_re_mi_ea/un_iraq

A Couple of Opinions on the War in Iraq..

USA TODAY's editorial “Americans deserve candor, not more hopeful ‘updates' ” draws the wrong conclusions and places blame on the wrong shoulders.

For example, the editorial notes that almost six in 10 Americans want some or all troops to come home. Yet the same editorial argues that there is no choice but to stay the course.

If USA TODAY believes that argument, where is its news coverage presenting the information to the American people that supports staying the course? The poll results indicate that the news media aren't providing that coverage.

Furthermore, USA TODAY states that reports from Iraq suggest that forces are stretched too thin to overwhelm the insurgency. Yet, (they admit) military commanders are constantly asked whether they have the right resources to do the job and are given those resources. The commanders know, as should USA TODAY, that the path to success is not through an occupation force, but rather a liberation force.

USA TODAY asks, “When will Iraqis be able to take over?” Most newly independent countries take some time to stand fully on their own. The truth is, the Iraqis are taking over more each day.

Finally, the editorial criticizes updates as lacking a hard assessment of the realities on the ground. Yet on the same day, USA TODAY carried an article regarding Vietnam War veterans serving in Iraq, in which one noted, “There's no doubt in my mind that this was the right thing to do.”

The reality is that a transitional government has been elected, a new constitution is being written, and dozens of Iraqi battalions are effective.

Christopher J. Smalley

West Chester, Pa.

http://www.usatoday.com/printedition/news/20050624/letlead24.art.htm

Good news spurs support for war effort

As a veteran of the Vietnam War myself, I appreciated the article on warriors from the Southeast Asian conflict serving in Iraq (“Vietnam Vets in Iraq see ‘entirely different war',” Cover story, News, Tuesday).

What most caught my attention was these veterans' observation that the American public's support is one of the major things that makes a difference today.

I think we can thank cable television and the Internet for that. If we were stuck with just the three major networks spewing anti-war rhetoric, as I believe they did back in the late 1960s and early 1970s, the attitude of our citizens might be just as it was about the conflict in Vietnam.

However, when I can log onto my computer and find out all the good that our troops are doing in Iraq and Afghanistan, it reassures me of the goodness of America.

James V. Kelso III

Peachtree City, Ga.

http://www.usatoday.com/printedition/news/20050624/letfeat24.art.htm

I was reading about how insurgents are getting paid to do the bombings in this article:

U.S. General: Many Insurgents in Iraq Paid
By JOHN J. LUMPKIN,
Associated Press Writer
Jun 21,12:32 PM ET

Many insurgents conducting attacks in Iraq are primarily motivated by money instead of ideology, and can receive $150 for setting a bomb and more for other types of assaults, a top U.S. general asserted Tuesday.

The general said that some simple attacks, such as placing a bomb or mine, are performed for as little as $100 or $150. Speaking to reporters at the Pentagon via teleconference from Iraq, Vines cited interviews with captured detainees.

"So we believe that this insurgency is driven in large measure by money," Vines said, suggesting the ideological supporters of the insurgency are funding the attacks. Some bombings are worth hundreds of dollars or more, he said.

He suggested that even some suicide bombings are motivated by money, but provided little detail.

"I mean, how much do you pay someone who's going to murder some other people when they kill themselves?" he said.

He did not say where the money for the attacks was coming from.

http://news.yahoo.com/s/ap/20050621/ap_on_go_ca_st_pe/us_iraq_insurgency_2&printer%3D1%3B_ylt%3DAmh2RlRGB9iLNXB8z9B04ESWwvIE%3B_ylu%3DX3oDMTA3MXN1bHE0BHNlYwN0bWE-

It occurs to me that the motivation may be this. Supposing a person is dying.. say of Cancer or of Aids... they might be thinking that they are going to die anyways, so why not get a martyrdom degree (which they believe is instant admission into heaven) and leave some money for the family while you are at it? I think this "terrorism industry" is a good insurance policy to leave behind their loved ones quite well provided for. Better than just dying of Aids as a nobody, at least someone knew they lived.. all those bereaved by those they killed (and they make the newspaper headlines the world over, a little fame). As a possible bonus to them, they might put a smile on those bloodthirsty souls who eagerly attach the bombs to their bodies. Beats dying of disease quietly and decently as normal people do, and their families might just endorse it and pat them on the back for being good Muslims (and providing for them financially).

"The Love of Money is the root of all evil."

It's called exploiting the poor, the needy and the sick.. and I don't think the insurgents are above that, do you?

Sara.

I was in the Baghdad Airport the other day... A Coke was 1 USD. I asked the vender if he took Dinar and of corse he did... The same Coke was 1,000 IQD.

That basically puts the Dinar at .001 for an exchange at the airport.

I visited several locations surrounding Iraq and asked to exchange Iraqi Dinar. None of the currency exchanges I found would do so.

The global "Peg" has already happened... It's 1465 and you all know where to check it daily because that's all you can think about!!!

What everyone needs to pray for is not a "Peg" but "Acceptance." "Global Acceptance."

Until then, all that anyone with an Iraqi Dinar investment can do is sell it on EBay or fly to Baghdad and buy a Coke for a little less...

The Airport continues to be a wreck even though it's the first thing you see when you arrive, and last thing you see when you leave! It needs paint, carpet, electronics and a lot more.

It's coming along, but there is a long way to go.

Don't take this the wrong way, but I think this message board is filled with sources that "Sell" Dinar and start rumors to stir everyone up!

Iraq needs a constitution and it took America seven years to develop one. Until then, I promise you will have nothing!

Understand, I am watching the microeconomics of Iraq and I have Dinar, however a jump to .30 cents is impossible! ! ! I want it to happen as much as all of you, but... this is a long haul.
If you couldn't afford to loose it, you shouldn't have bought it. Before it ever gets to twenty cents, the 25K and 10K notes will be history!

Anyone, name me a country that has a denomination (dollar bill) worth 5K USD that is traded globally and I will stand corrected.

The Dinar is gaining strength BUT,
You are all out of control and should get back to work! J.P. Barnum would love you in his crowd!

Just a note and a suggestion please...
the reason these threads get so bloody long and page takes so long to load as in last thread
is that some individuals copy entire news articles
and post (as last post)

It would benefit, and also be considerate and courteous
to both K Brancato(Mod) T & B and all the contributors
and readers of T & B, if just the link w/ a brief comment was posted related to the Dinar discussion only (*remember copyrights)

Thank you for your consideration
Peter P

Ryan,

I was just catching up on my reading and ran across you post. I thought I'd throw my two cents towards you... Iraq IS different than most other countries, in the aspect that most other countries did not have the entire free world standing within their borders throwing money at them trying to rebuild the entire country, as being done here in Iraq.

I am presently here in Iraq. I've seen both sides of the coin...some people are stating that the reason that the Dinar was at .33/1 prior to the invasion was simply because Saddam set the rate. Others say that the present and future GDP of a country is the sole deciding factor along with reliability of paying its debits. I think that one needs to look at what the IMF uses to determine rate establisization. I don't think Saddam had as much power determining what the Dinar used to be worth, as GWB has on determining what the USD is worth today. For that being said... I can't see the Dinar opening for any amount less than what it was worth under Saddam for two reasons. First, of all the .33USD/1IQD rate was because of 12 years of UN sanctions and an extreamly high debt ratio. and secondly, the free world is trying to promote Democracy in the Middle East...how would it look to the Iraqis and their neighbors if the IQD is worth less now than what it was under Saddam? I belive that we're all going to be laughing and singing together at that pig roast on the beach! Go Dinar!!!

Outlaw in Iraq.

Comment by outlaw in Iraq at June 25, 2005 02:10 PM | Permalink

List Of Good Sellers
In Response To comment by "Lookout" of June 24,05...
I am still buying more tickets to "The Train", and I am interested to learn more about peoples bad experiences. Can we assemble a "Positive" list of
Dinar Brokers that buyers have had multiple good
transactions with? This will help us promote the good guys over the others. Hoo Rah

Dear Johnny Cash,

While I appreciate the honesty and realistic tone of your post, I would just like to comment on the high denomination bills.

You are right that there is no currency in the world that has 5K USD Value bills in circulation. In fact I beleive that the highest bill in circulation is the Swiss $500 dollar bill (worth about $400USD). However banks use larger bills for doing transactions between other banks. While these notes are too large to use in regular circulation they are LEGAL TENDER, and if you were to have one you could cash it into a bank account.

The same will happen in Iraq (if the value increases). They may stop printing 25K, 10K, 5K and 1K bills, but it does not mean that they will lose their value. Instead the bank will simply collect them when people cash them in. Given several weeks or months of people cashing in their dinar (or depositing it into accounts) there will be no more high denomination bills in circulation. Instead when Iraqi's go to ATM's to withdraw money they will get smaller bills from the machines. The banks however will keep the high denomination bills for their own use.

My point being that even if the high denomination bills do 'become history' in terms being printed and circulated, they will remain legal tender and we will still be able to cash them in.

Take care and good luck to all next month!!

Johnny,

I hope you did the smart thing this time and bought that coke with the Dinar instead of the green back??? (hehe) Also, lets put things "back" into perspective... How much does that same coke cost you at the Charles De Gaulle Airport? or JFK? All Airports rip you off my friend not just BIAP!

Outlaw

Comment by outlaw in Iraq at June 25, 2005 05:30 PM | Permalink

Oh Johnny?... one other thing...that same coke will only cost you 100 Dinar at the market in downtown Baghdad. I am told that is the average cost every where else in Iraq now. :)

Outlaw

Comment by outlaw in Iraq at June 25, 2005 05:38 PM | Permalink

Johnny Boy!! Do you thjink that the world has taken maybe a few steps towards progression since America wrote thier constitution?? LOL

With all the help that IRAQ has I would bet that they could have it written in a few hours if they really wanted to.

Have some faith son! Be Positive.

Dream BIG!

Live BIG!!

Go IRAQ!!

To the person who bought from dinarmerchant.com

http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback&userid=jb.trader

here is why you can be concerned ,he was known as the best or at least top 2 on ebay for a long time then look at all the people he ripped off.

I still got all my waybills from when he did send to me and reminded of the thousands he didn't.They are from Jordan and must rack up the frequent flier miles making trips to Chicago and other us cities.There is a gang of them involved here ,almost as bad as the nigerias with their millions stuck in a trunk. Do yourself a favor dont trust them and Another buyer of his said his bills were conterfeit , not sure if it is true or not.Would hope not because i still have 3 million here.

We were informed on Friday that BIAP (Baghdad International Airport) was closing for an indefinite period of time. We will now use Kuwait to get to Dubai for R&R, etc. Anybody have any info. on this situation. We heard a rumor it was because the security company for the airport went on strike. A friend of mine just came into the office and he said they were still on the job because he saw them at the airport on Friday. Many rumors....need facts.

Comment by okie at June 26, 2005 01:08 AM | Permalink

THINGS SAID

Beware lest in your anxiety to avoid war
for in the end you may gain a master
(Demosthenes)

For those who think ending a war is the best of all outcomes. I have found the quickest way I know to end a war is to lose it.
(George Orwell)

The Person who has nothing for which he is willing to fight, nor nothing more important than their personal safety, is a miserable creature. They have not a chance of remaining free unless protected by the exertions of better men.
(John Mill)

In modern war you will die like a dog for "no good reason"
(Ernest Hemingway about WWII when hitler was destroying nations and killing millions)

To my mind to kill in war is no better than murder.
(Albert Einstein, who fled Hitler before he really started his killing rampage)

Maybe someday they will give a war and nobody will care to come.
(Carl Sandburg)

For the fools who think that problems in war arise from lack of planning or leadership, allow me to address you. Never! Never! Believe war is smooth and easy. The statesman who yields to war fever must realize, once the signal is given, he is no longer the master of policy, but a slave of unforeseeable and uncontrollable events.
(Winston Churchill)

Classified leaks by senators,senators and media elites criticizing the president in public, retired flag grade officers providing insight on how they might see forces deployed for combat. All done under the banner of "Free Expression"
Balkan and Mid East Cultures have no respect for vacillation, such as displayed by the above.
During war you have fog and friction. If the fog is lifted just a little by irresponsible leaders, then our enemy has been given a better advantage.
If our senators, and media give the enemy a reason to fight on, and instill in their forces, that they can win, then they have given, them the additional will to fight, at the cost of our mens lives.
One of the greatest generals of China, Gen Sun Tzu's press corp did not exist. He considered them spy's and treated them accordingly.
(A Gunnery Sergeant, US Marine Corp)

Comment by Carl on Wilson Lake at June 26, 2005 09:38 AM | Permalink

Okie,

BIAP has re-opened...should resume full operations on 06/27/05 at 0700... Don't sweat it.

Outlaw

Comment by outlaw in Iraq at June 26, 2005 11:36 AM | Permalink

Carl,

I loved your earlier post about GWB and would like to know if I could have permission to e-mail to my brother. I don't know where it will go from there but I really think you stated his case well and would love to share it.
Thanks, Lila

I agree 100% with Lila...

Carl... Great post for GWB!... No matter if your a Democrat or a Republican... An American must act like an American!

"A true American speaks out for a true American!"

HoooooRah!

Outlaw

Comment by outlaw in Iraq at June 26, 2005 09:41 PM | Permalink

Lila:
I have no problem with you using anything I have written. Thank you for your kind words.

Comment by Carl on Wilson Lake at June 26, 2005 11:13 PM | Permalink

Ive had a great experience with Dima 89 on ebay buying dinars. Ive bought over 12 mill for myself and friends and family through him and have not had a bad experience.Go dinars

Hi all

UNITY IS DEMANDED
Many things during times of conflict are important. The one at the top of the list is UNITY. Even more than SIZE (Hey! guys! remember when you were little and your mother gave you a bath. She always patted your back and said, its ok! Sweetheart, size doesn't matter) or even WEALTH.
We in the USA are only as powerful as our strength in UNITY and commitment to the conflict. UNITY requires three things. (1)Same Philosophy or like mind to move toward the same shared goal.(2) Same unison and purpose within the Command Structure (3)Utilizing a system that works together in moving equipment and personel to the conflict in order to achieve the goal.
Just as in Vietnam, the danger in Iraq is the division of the American People over the conduct of the Conflict. History has shown us long conflicts tend to create division among all classes and economic positions of any race, or any nation.

But what do you consider a long term conflict? Look at WW1, WW2,Civil War,Vietnam, these are wars just in our immediate history of 150 years. When you compare how long we have been in Iraq to these, the conflict is barely underway.
Even Rumsfield, stated, yesterday, it may take the Iraq Government as long as 12 years to end the insurgency totally. It seems the American people today are so use to the 60 sec commercial or high leveraged credit card, so they can get what they think will make them happy instantly, the thought of long commitments to a project or conflict are no longer considered, and out of the realm of their reality.

Divisions within a nation do not occur over night. In order to stop the division over Iraq from continuing, President Bush must be more articulate about what we are achieving in Iraq. It is not enough to say it is hard work birthing democracy.
I like George W, but when it comes to explaining his policies on Iraq, and his personal vision for Iraq on a continuous bases, his articulation skills are not at max.
American people seem to have short term memories. Maybe that is why... Let me drive ya home Ted Kennedy, Dennis the Spinach, Senator (Can I have some salt with my foot) Durbin, and down on your knees Bill Clinton kept and keep getting re-elected.
The President must get it over to the citizens of this country, progress is not a cessation of terrorist attacks. He must get it over and into the minds of the people, that conflicts never end. They just become new challenges, and new goals once the shooting stops. Conflicts are more than bloodshed.
You can be ya pet chicken, that as long as the insurgency continues to get the media to focus on them, they will continue the bombings.
Progress in Iraq should be measured by changes within the political system,economic advances in the country, and its improved relationships with surrounding neighbors.
But these are not good front page attactions which increase publications, and profits. People in general have a carwreck mentality. They want to see or talk about blood and carnage. Don't believe me...then why do so many people rubber neck at a auto accident.
President Bush and his team have got to get the Iraqi achievements out there. Increased standard of living, working toward increase oil production so oil prices can go down, constitution being written, new municipal governments throughout Iraq, achievements in hospitals and schools, training of security forces. This cannot be done once a month. It has to be hammered daily. Just like a jingle on a commercial.
Attacks to do not implicate failure. Death does not resolute failure of progress. Progress has always come at a price. History shows that it always will.
President Bush to his credit does have focus. Once he sets his focus, he stays the course, regardless of the sniping. That is a strong trait of a good leader.
You cannot predict what will happen in the future with perfection. If anything, you as a dinar investor should have learned already that what happens to the value of the dinar, and when, is all about probabilities. But then again, isn't life that way.
You have as dinar investors have been told the dinar will peg at this time, at this level, this way, etc... The truth is no one really knows. There are too many unknowns in play at this time. History shows that even the best strategist are wrong a lot, because we cannot weight men's soul's as good and evil. We have to judge men by their past actions, therefore the unforeseen predictablity of human nature is the catch 22 in predicting any out come of a conflict, or when the dinar will come into its own.
What type of men do we have in the new Iraqi Government? Time will demostrate to us, whether these men will spend most of their time creating things of value for the Iraqi people or spend their time taking things of value away from the citizens of Iraq.

Can anone gave any insight of the dinar and if this is a goodinvestment. I read the post here and some long details about the war. I am not sure what to make of the board at times but some times it sounds like a BB stock where people are hipping the stock. Pump and dump.

Any good insight would be appericated about the dinar

CARL,

just wondering, just for hahas, just say the dinar opened at 5 cents on the dollar or even 1 cent, is it as simple as going to a bank in NY and bringing my dinars in and trading in for american dollars? and just fill out a tax form or something. i have 2 million dinar, the reason i used NY is i live in NJ, love all your comments,

waiting for terrances pig roast, tommy

Carl,

Good read! I agree Bush should speak more about the progress being made in Iraq but I have no sympathy for the people who are to lazy to research what is actually going on in Iraq and even this country. The American electorate are like lambs to the slaughter - lapping up whatever BS the mainstream media feeds to them.

"Think education is expensive - try ignorance."

Peace

Tommy, I am from Jersey also. What you want to do is bring them over my house - will take care of the rest.

LOL

PS - what exit?

Tommy:
As of today, I know of no bank outside of Iraq you can exchange the dinar for any other currency.
When that will happen, I don't no knowledge.
Sorry! no crystal ball.

Comment by Carl on Wilson Lake at June 27, 2005 12:54 PM | Permalink

george, exit 117, union beach

Tommy,

Heck your already on the beach - adding on the West Wing?

Exit 26, Route 80 - in the hills.

Peace - brother!

Hello Again , can anyonegave any info on the NID. I heard personnel sayingit si going to PEG soon. However it seems that the values is already moving up and down. Does this mean that ithas already been PEG. I am new to this so any info will be helpful.

Johnnyhavedinar;

Try reading this from top to bottom, it should answer your questions. :)

http://truckandbarter.com/mt/archives/000502.html

Sara.
---
The tourist tried unsuccessfully to get a conversation going with the natives around the stove. Finally he said, "Is it against the law to talk around here?" "Ain't no law," said a native. "But around here a man don't speak less he's sure he can improve on the silence."
---
Sometimes it's nice to be important, but it's always important to have been nice.

What happens if the money is changed like the Afghani money before a new exchange rate. We might be holding worthless paper unless we could fly to Iraq to exchange tne money. Similar to those who held Sadam Money now worthless.
I hope for the best but am not real entusiastic at this point.
The only ones making money right now are those selling on ebay at an inflated exchange rate.
Does anyone know how many dinars are in circulation I have heard as much as 15 Trillion.

FELLAS: I appreciate all your comments and viewpoints which I read and respect your opinion.

I am also an avid supporter of Mr. Bush except in a couple of areas. His plan to use Social Security money to allow individuals to set up some type of private investment will do absolutely zero to improve the Social Security shortfall, instead, it will compound the problem by taking money from Social Security thereby bankrupting the system sooner.

Also, Mr. Bush took off after terrorists immediately after 9/11 with me backing him 100% in
Afganistan where terrorist were. He then began targeting Iraq where weapons of mass destruction could pose a threat to this country. We went into Iraq to destroy WMD only to find that there were none there (maybe somewhere else), and then we became obsessed with the liberation of Iraq from Saddam. Mr. Bush was dedicated to avenging his Father's errors in Iraq and fulfilling the implied promise by his Father to the Iraqi people.

Mr. Roosevelt stayed out of the WWII conflict because we did not have a dog in the race until they bombed Pearl Harbor, and then a sleeping giant was awakened and given a strong resolve. The American people backed the war from start to finish and sacrificed immencely along the way because America had been attacked and we were fighting the attackers.

Again, I am a conservative and back Mr. Bush 95% of the time but this country does not have unlimited resouces to fight evil and rebuild countries throughout the world. When I see a building being blown-up, my first thought now is that bulding will be expensive to rebuild.

I believe that our "do good" attitude is weakening us financially and is gaining us very
few friends throughout the world.

The reason we are in Iraq is questionable but I am capitolistic enough to see a possibility to profit from the dinar.

Don't judge my comments too harshly, I am from a bygone era where people saw things differently. I brought in the newspaper the day that bore the
headlines "Roosevelt is Dead".

Hello All,

I've been monitoring this site since my deployment in Sept 2004. I've read everyone's comments, and I'd like to make a few FACTS known (as observed here on the ground);

1) ALL the high level Officers (Colonels and Above) are exchanging USD for Dinars in very large quanities, and have been doing so since March in greater and greater quanities than previously.

2) The Kuwaitis are doing the same....at a even greater rate. Their Banks/Exchanges are doing a very brisk business in Dinars, and even the average guys on the street are buying right now.

3) The opinion of Kuwaitis "in the know" is that Kuwait Government wants monetary parity with Iraq as soon as possible. Their concerns revolve around oil price controls, and the possible "preferential" treatment that Iraq will give the US upon resumption of oil production there. Kuwait is at present revamping their oil transportation intrastructure, with the expectation that the pipeline from Iraq to the Gulf will be Kuwait's insurance to keep Iraq in line with OPEC policies.

4) The present head of OPEC Sheik Al-Sabah, is a member of the Kuwait Emir's immediate family. On numerous occasions he has stated that OPEC has to be united against "outside influences" which are striving to spin off individual members with preferential treatment in other areas(Venezuela, Iraq, etc)in return for preferential treatment in Oil Production and pricing.

The exchange rate in Kuwait at present is $684. per 1 million Dinars.

If there is any info here in Kuwait that I can look into for anyone, just ask......

SGT R at SPOD

Investindinar;

Sorry for the late response! There have been rumors about needing receipts or a passport with a Middle East stamp in it to cash in Dinar since this whole thing got started back in 03, I am not sure anybody really knows at this point and time, it wouldn't surprise me either way.

Economic Study Warns the Iraqi Central bank from Continuing the Policy of Fixing the Dinar exchange Rate

Al Basra - An Iraqi academic study has stated that the policy of the Iraqi government regarding fixing the dollar had positive effects on the national economy, but on the other hand it has resulted in consequences that have negative effects.
The study noted that despite the success of the Iraqi central bank in fixing the exchange rate of the national currency through the process of connecting it with the American currency and preparing the proper atmosphere that has a positive effect on creating a stable environment in the Iraqi market that have to a certain extent led to restoring the confidence of businessmen and investors through relying on the policy of selling 30 million American dollars in the bank's daily auction , which achieved a stability in the remaining of the exchange rate of the Iraqi dinar at 1465 against the dollar in the past two years, this policy has resulted in negative consequences and has harmed the Iraqi economy.
The study, which was conducted by the administration and economy college in Al Basra university, has pointed out that the Iraqi central bank has used a significant part of the reserve of foreign currency for the purpose of fixing the exchange rate of the Iraqi dinar, and the continuation of such method would lead to using up this reserve, which, through time, would consequently result in that the central bank would lose its ability to maintain the equivalence value of the Iraqi dinar, especially as the sums that the bank uses of the dollar is so great and exceeds 7.5 billion dollars a year, which is equivalent to half of the oil revenues.

The study noted that the stability of the exchange rate of the Iraqi dinar as an ultimate goal for the monetary policy did not lead to the stability of the prices of commodities and services, which tended to the great continuous rise. The criteria of prices record show that they increased by 2.5% a month, which means the invalidity of this policy in reducing the rates of inflation in Iraq.

The study stated that this led to evaluating the Iraqi currency more than its value against other currencies, which represents an exaggeration in the Iraqi exchange rate against other currencies that led to the escape of capitals. Reducing the Iraqi exchange rate, for any reason, might lead the people to shift from dealing in the local currency to the foreign currencies to avoid potential loss. The study confirmed that for the monetary policy in Iraq to be effective and active in the economic environment, it should be a part of an efficient economic policy as each of the policies affects and is affected by the other. Maintaining the exchange rate of the Iraqi currency then increasing it at a later stage require, first of all, increasing the efficiency of performance in various economic sectors and increasing the commodity supply of the local production. This would later lead to increasing the purchase capacity of the Iraqi dinar, and consequently improving its exchange rate compared to foreign currencies, in addition to increasing the monetary budgets of commodity sectors, especially the agricultural and industrial, to secure the needs of the Iraqi market. The study said that it is not wise that the general budget of this year designates only 2% for agriculture and 8% for industry. Scientific planning is necessary at the time that agriculture and industry should be supported in an exceptional manner, similar to what developed countries do, such as the United States, which leads the globalization process as it did not hesitate in posing customs fees on its imports of steel, which is imported from Europe and China, when it became necessary to protect the American steel industry.

The study concluded that the cancellation of supporting the agricultural sector and freeing the foreign trade have participated in destroying Iraqi industry, which was, until recently, fulfilling the foodstuffs demands of the local market that is currently full of Iranian, Syrian and Egyptian, and even Kuwaiti, commodities.

This also applies to the industrial field. The continuation of this situation would increase the demand for foreign currencies, which would make the Central Bank subject to continuous attrition to maintain the exchange rate of the Iraqi dinar. It is impossible to continue such a process, unless procedures that reinforce the monetary and economic situation are taken, which would increase the capability of the state to execute more significant projects that are related to the daily needs of the local market.

Jassem Dakhel
Al Sharq Al Awsat

http://www.almendhar.com/almendharen/details.aspx?nID=4174

Bob,

With all due respect what the hell does Social Security have to do with the NID. You are like all the other Democrats - attack Bush for his SS reform with no other solution. I am in mid thirties and have no interest in paying for Baby Boomers retirement - no offense. When SS began I think the ratio was like 40 workers for every 1 SS recipient. When I am eligiable to collect SS the ratio will be 2 workers for 1 recipient. That just aint fair and the system will not be sustainable. Stick your head in the sand and problem will go away!
My suggestion is have a National Lottery and means test it - that will keep it going a little longer.

Investindinar,

Come on man take it easy with Passports and Middle East Stamps - Bush signed the damn order that we could buy the stuff.

Peace.

Investindinar,

Sorry - that comment was for Mark.

Hello to all , some good post from Carl,Sara and a few others. But lets get some meat and patatoes on the NID . When is dinar going to PEG. Is this investment/gamble to good to be true? There is so much speculation here, that the NID will be change , dropping the zero. NID holders wil have to go to IRAQ to cahnge thier NID. It seems that there is no solid evidence what will happen in the near or far future.

And another thing this all post by allen, i guess very imformative, but could any one make sense of it. Share the knowledge.

DAVY

Sara???
What's up girl??
I am hearing a lot of rumors here........talk to me. :))

I purchased 50MM NID last November from www.getiraqidinar.com. I did not keep my receipts. I called them today to get a copy e-mailed to me and they were very prompt and courteous. The Invoice showed Fed Ex tracking numbers, dates of purchase and receipt and best of all my money order numbers so if needed it could be tracked back to my bank. I do not know if we will need all this but this company provided a great service for me before and now. I would recommend them for anyone who may be looking.

Just a FYI. I should lose this forum address because all I do is get home and look at it and get anxious. I forget about concentrating on my day to day life as I know it. When it happens it happens. Gods speed though!!!!

Hey Gang....

Why is everyone asking each other questions like they are Yoda or something? If any one on here knew how much and when it was going to peg then we wouldn't be called "Speculators" now would we??? Even the people running this show don't know what's going on so how would you expect any of us to know??? Best advice my friends would be to put your Dinar in a safe place and see where it is in a month or so.

Outlaw

Comment by outlaw in Iraq at June 28, 2005 07:38 PM | Permalink

Dear All,

There have been a few responses to the question I posted about needing receipts and passport stamps for cashing in the NID. It was mentioned that Bush passed an order so that US Citizens could buy NID. But what if you are Canadian or English (that would be my wife and I)?

I do not have the receipts for the dinar, but I do have my passport with the stamp. Will this be enough?

Take Care and Good Luck to All,

Investindinar

Outlaw what makes you think that those in charge do not know what is going on. It is my belief that a lot of things have recently fallen into place that could enable the value of this investment to go up considerably in the very near future. Since I have been sitting on this for about 18 months I am of course anxious to see it do something. I assure you however that I am in this for the long haul if need be.

Apropos,
.
Goes without saying:

Main Entry: spec·u·la·tion
Pronunciation: "spe-ky&-'lA-sh&n
Function: noun
: an act or instance of speculating : as a : assumption of unusual business risk in hopes of obtaining commensurate gain b : a transaction involving such speculation

Comment by JB Smith at June 28, 2005 08:51 PM | Permalink

Sgt in Kuwait ,Hello
I hear alot about all the bad stuff but not much of any of the good .Can you please tell us about the good stuff that is going on there.It would be a breath of fresh air(sort of speak).

Hey Sara,
You remember awhile back when I posted that Coke Cola had also invested in NID.Check this out.

Coke Cola to have new presence in Iraq
Turkish firm sets up company to distribute product

Reuters
Published on: 06/28/05
ISTANBUL — Coca-Cola's Turkish partner said on Tuesday it has set up a new bottling operation to serve neighboring Iraq, establishing the soft-drink giant's first permanent presence there in more than 20 years.

Efes Invest Holland, which is wholly owned by Turkey's Efes Sinai Investment Holding and Iraq's H.M.B.S. have jointly set up the new firm, to be headquartered in Dubai's free-trade zone, Efes said in a statement to the Istanbul Stock Exchange.
Efes Sinai Investment is the leading distributor of Coca-Cola beverages in Central Asia.

The new company has signed a deal Coca-Cola to be the sole distributor and seller of the company's products in Iraq, starting July 1, it said.

The Coca Cola Bottling Company of Iraq, with start-up capital of some $165,000, signed another agreement with Coke giving it the option to acquire the Iraqi market's full production and bottling rights within two years, Efes said.

"This shows our intention to establish the first bottling operation since 1980," a company official in Istanbul said.

Coca-Cola drinks are imported into Iraq from Jordan, Turkey and other countries. Coke previously had a presence in Iraq between 1950 and 1968, when the Arab League voted to boycott its products because of Coke's investments in Israel.

After operating in Iraq intermittently in the 1970s, Coca-Cola shut down its operations at the start of the Iran-Iraq war in 1980, the official said.

Pepsico returned to Iraq in January 2004 after a 14-year absence mandated by international trade sanctions against Iraq after it invaded Kuwait. Pepsi first entered the Iraqi market in 1950.

http://www.ajc.com/business/content/business/coke/0605/28cokeiraq.html

Sorry forgot the link to my old post about the Coke Cola

http://truckandbarter.com/mt/archives/000502.html#9985

Michael;
I never said you need a receipt. I said I don't know but the rumor is out there. The IRS says I can have several deductions on my taxes...I still need a receipt.

Michael;

I have heard lots of intriguing rumors, too. I still believe we are looking at a soon peg. :)
I am on vacation, so I'm not doing much more than monitoring the board and checking for the peg. :)
I agree with you that a lot of things have fallen in place, rather providentially I might say, to bolster the prospect of a soon peg date. I agree, I am in for the long haul, too.. if need be. But I am quite certain it won't be necessary.. in other words, I expect a peg soon.
One of the most interesting posts lately in this regard was the one by allen.. http://truckandbarter.com/mt/archives/000581.html#12393
That post says many things in it, but what I saw in it which was very encouraging to me is summarized by me as saying this..
The current way of dealing with the Dinar is unsustainable.
He said, quote:

"... the continuation of such method would lead to using up this reserve, which, through time, would consequently result in that the central bank would lose its ability to maintain the equivalence value of the Iraqi dinar, especially as the sums that the bank uses of the dollar is so great and exceeds 7.5 billion dollars a year, which is equivalent to half of the oil revenues."

This means we have to be in for a change.
Think about it..
They WILL NOT use up the reserve, now, will they?
This put a smile on my face. :)

Investindinar;

I think it is a good idea to have receipts to prove you bought Dinars legitimately, in case you are asked by the government. Can't you go back to whomever sold them to you and get a receipt like an earlier poster, Aaron, did? They didn't go out of business since they sold them to you, did they? I just think your revenue Canada folks might ask where the Dinars came from. It might be nice to back it up with a slip of paper.. you wouldn't want them being.. difficult.. about your keeping your cash, now, would you?

I'm not anxious, outlaw.. I am very grateful to have been given this opportunity to get in on a very good investment. I don't think passports or Middle Eastern stamps or something will be needed to cash in. I don't think the purpose is to stiff American investors in Iraq, personally. I have a little more faith in the Powers That Be that this is for our good (both the High and Highest). I believe in the investment.. and am glad for others on the train who believe in it, too.

Sara.
PS Yoda believed in a made up god from the mind of George Lucas, not the real one. I wouldn't rely on a comic book deity, myself. Isn't it interesting that people will see the necessity of fighting the fictional Empire, even at great cost of life, but not terrorism? Hmmmm...

Investindinar:
Dont worry about it. The big thing to worry about now is if and when the value of the dinar increase. If you cannot cash in your dinar, just let someone on the board know and surely some will help you for a small fee. I will cash them for you if I can. We are all in the game together anyway. :)

Comment by Michael at June 28, 2005 11:30 PM | Permalink

Invesindinar:

You, no doubt, are a brilliant man but I believe that you need a course in comprehensive reading.
I mentioned SS as one of the two areas which I disagreed with Mr. Bush on. I will continue to disagree with Mr. Bush when he screws up. You asked me "why mention SS" only to proceed with a mini-dissertation on the subject.

We attempt to stay civil on the T&B, so tone down your remarks and I will give them a lot more credence.

Hi everyone!

Dear BOB, I do appreciate what you're saying also. :)

Dear GEORGEWOOD and fellow GID Assoc. customer, I agree with your solution to SS. How about also using some of the funds from all of the capital gains taxes we'll be be paying to help keep it going for a while longer? :) BTW, my last order arrived within 24 hrs. of my wire to them. :) :)

Dear Allen, Thanks for the article. Seems like the study is trying to encourage the CBI to increase the exchange rate of the dinar?? (at least to me :))

Happily hoping and waiting, M2B

Dear Michael,

Thank you very much for your reassuring post. I guess you are right.... we are all in this together. It was very nice of you to offer to help us out if we need it.

Thanks again,

Investindinar

If NID is going to peg soon and the investors are likely to incredible return on their investment, then why the hell NID rate is going down in Qatar. It is now Qatari Riyal 2490 = NID 1,000,000, down from QR 2500 = NID 1,000,000 yesterday?

Some people are wanting positive facts.....well take a look at this.

Federal News Service (Middle East)

June 23, 2005

excerpt from Federal News Service (Middle East)

-------------------------------------------------

HEARING OF THE HOUSE ARMED SERVICES COMMITTEE SUBJECT: IRAQI SECURITY FORCES
CHAIRED BY: REPRESENTATIVE DUNCAN HUNTER (R-CA) WITNESSES: SECRETARY OF DEFENSE DONALD RUMSFELD; GENERAL RICHARD B. MYERS, USAF, CHAIRMAN OF THE JOINT CHIEFS OF STAFF; GENERAL JOHN ABIZAID, COMMANDER, U.S. CENTRAL COMMAND; GENERAL GEORGE CASEY, COMMANDER, MULTINATIONAL FORCES IRAQ LOCATION: 2118 RAYBURN HOUSE OFFICE BUILDING, WASHINGTON, D.C.

…………………………..REP. HAYES: Okay. I hear you saying that these folks are stepping up and accepting and meeting the challenge of securing and governing their own country. Is that a correct statement?

GEN. ABIZAID: That's correct, sir.

REP. HAYES: Last, but not least, a wo