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Monday, July 18, 2011
7-18-11 ::: This is my first post since following the Iraqi Dinar for over 2 years, I have great info, My friend works in the oil field right outside of Baghdad..He is a supervisor on a military protected oil field.. He told me the Dinar has RV as of today July 18, 2011...
Remember folks…rumor until proven otherwise…it’s coming, just hang in there! ***source of bank sign explained below......Follow up to the post in 2nd paragraph seeing the RV sign in from of the bank in Baghdad with rate of $4.40 FROM OOM SKUTTLEBUTT POSTS 7-18-11 ::: This is my first post since following the Iraqi Dinar for over 2 years, I have great info, My friend works in the oil field right outside of Baghdad..He is a supervisor on a military protected oil field.. He told me the Dinar has RV as of today July 18, 2011... The reason he knows this today, This morning he went to the bank by escort in Baghdad...He said at the front entrance of the bank they had a sign up that read" NEW IRAQI DINAR RATE" As of July 18th, 2011. Rate was $ 4.40.
Hello, He did not send me a picture... He is a 63 year old male.. That has worked in the Oil field for over 30 years..He worked in Southern Louisiana for over 27 years before getting the job offer in IRAQ.. I have know him over 20 years..He would have no reason to lie!!! I email him about the Dinar about once a week..He always writes me back saying...Just be patient..It will happen ..But it most likley will take years...Then I get this strong email from him today...So.. We Shall See.. [8:18:40 PM] formyboyzz: . [8:42:28 PM] john ferranti: (sun)*Athena - "CBI is loading the rate into forex tonight sometime..." 07/18/2011
6:46 PM [athena] The cbi is loading the rate into forex tonight sometime, if there is a problem it will not show, Iraq is going international tomorrow Iraq time our time tonight. If we can not cash in then it is our treasury stopping the bank here, if so raise hell. This is going down tomorrow!
6:47 PM [athena] Iraq will show the rate to the world tomorrow
7-18-2011 Guru Gankins It's not the intel about date and rate- sorry It's about seeing the whole forest...Iraq is doing all the right things and have done all the right moves to get the DFI released, chpt. 7 released, and complete control of their country and their finances...Saleh said the monetary-restructuring plan was drawn up with the help of foreign experts and financial institutions, including the International Monetary Fund, Yes... the plan will soon be presented to the cabinet, which is expected to subsequently send a bill to parliament...recently China has moved into the picture...the more China is involved in the development of the Iraq, the more it shows that they are standing on their own 2 feet. All I'm saying is....This is good news. The last dominoes are about to fall. 7-18-2011 OkieOilMan MANY BANKS EXPECTING RATE ANYTIME--BAGDAD BANK POSTED THE RATE OF 4.40 THIS MORNING ON THE OUTSIDE OF THE BANK BUILDING... COINS ARE BEING DESPENSED ACCORDING TO SOURCE-...THE 4.40 FURNISHED TO ME MANY MONTHS AGO WAS NEVER SPECIFIED AS USD OR GBP. MANY MORE CONFIRMATIONS OF WHAT WE ARE EXPECTING TODAY 7-18-2011 Guru Sonny1 the thing all the lopsters forget is that iraq will profit trillions from this... all financial restrictions have been lifted from the unsc, all that is left are wmd sanctions... i think everything is going smoothly, i like we are right now, a bunny-ear isnt an option, so they should rv soon. 7-18-2011 Guru Phoenix Time is running short on the debt ceiling...The speculation is that this is closely tied into what we have been waiting for and anticipating. I believe that when they make an announcement on this it will be timed in such a way that it will get a lot of attention and press while there are things going on in the back ground that we are all more interested in . Maliki to visit China...July 18th...The PM of Iraq does not need to be in Iraq if the rate changes... it would just be handled by the CBI by constitution...we have unusual pinging activity on the Forex boards...I believe that we are looking at an interesting week. 7-18-2011 Guru Checkmate I hope this is a day to remember...5 total confirmations that this is done...celebrating in Iraq...[but] $5.25 BGP is a stupid number that makes me very suspicious...How many times have we heard this is done/over? We don't want to be the team that is always calling the RV and it doesn't happen...I'm waiting to get confirmation from bank people out east... 7-18-2011 Guru Mailman LOTS OF GOOD NEWS CONCERNING THE SMALLS AND ISSUANCE OF THOSE INTO THE MAINSTREAM. I THINK PARLIMENT IS READY TO GO AHEAD WITH SHABS PLAN AND I ALSO THINK SECURITY SHOULD BE FINISHED AS WELL...WHEN YOU FOLLOW THE NEWS AS WE DO SO WELL IT ALL POINTS TO OUR PAYDAY...THIS WILL...COME DOWN QUICKLY AND MOST LIKELY WE WILL NOT GET A HEADS UP ON IT WE WILL WAKE UP ONE MORNING AND THERE IT WILL BE...NO ONE WILL BE DISSAPOINTED 7-17-2011 Guru American Contractor the updated design of the new Iraqi currency has been completed. It has yet to be issued as the approval from Prime Minister Nuri Maliki has not been authorized. However, even after permission is given to release it further steps have to take place as it has to go through the Iraqi Parliament for a vote. As far as I can see, the schedule does not allow for a vote on the new Iraqi currency before the start of Ramadan...the new notes will co-exist with the current Iraqi currency and the value will stay the same for now...[other forum is saying] in order to re-denominate you have to have 1000 percent or more inflation. This folks is simply NOT true....Current MYTHS circulating in regards to Iraq: 1. Iraq is out of Chapter Seven Sanctions. Iraq is still under the UN Chapter Seven Sanctions and will be at least until the end of the year and be evaluated again. 2. The Hydrocarbon Law has been passed. The truth of the matter is that this is still in the draft form and still being reviewed by the Oil and Gas committee of the Iraqi Government. 3. You can not wire more than 50K from Iraq. Many times they [companies] pay 500 salaries all at once. What I think some might be seeing is many wire transfers under 50k, that is to avoid the tax. 4. Erbil agreement is completed. Truth of the matter is, there is no Erbil agreement. In just two weeks you will see that was nothing more than stall tactics. PM Maliki will not share power with Dr. Alawi. Plus he did just say that it is unconstitutional. 5. All the Ministries have been seated. Not so. PM Maliki is going to hold on to the Ministry of Defense and the Ministry of Interior and will be eliminating the National Security position. 7-17-2011 Guru Blaino Good NEWS..."Breaking News" Boots on the ground...have reported that the tv news, radio, papers and so on are reporting the "increase in value of the Iraqi Dinar".... which is now pegged to the GBP (Great Brittan, Pound)! ...And the rate: is the 5.25 that we have been hearing! We ought to see it here in the Morning! I cannot yet state it is "ABSOLUTELY IRON CLAD" 7-17-2011 Guru Angelquest (new) a contact in Jordan does have paperwork from Warka that is showing the Iraqi dinar is a tradeable currency. They WILL instill the coins in Iraqi currency...just got a text from someone at an International Clearing House that the IQD is indeed showing, not active, but showing 15\5\1, now from my Wall Street friend, you have to read that backwards, meaning 1 dinar = $5 - $15, now that is a spread, that's all I know...also, from a Congressman from South Carolina...we will see it on Monday 7-2-17-2011 Guru BGG This came from a contact who is a sitting Congressman...Iraq is a global tradeable currency...we are waiting for the rate to come down 7-17-2011 Guru OkieOilMan From various contacts...it did go international...new rate will drop in on Monday...sticking to $4.40 rate - have not gotten confirmation if it is pegged to the GBP or the USD 7-17-2011 Guru DonnieR I am receiving unbelievable info from an extremely strong contact today saying that we will see it Monday...other contacts confirm that we will see it on Monday...another contact from Bagdad said we will see it on Monday. Wells Fargo Bank contacted me yesterday and said you will be able to cash in on Monday...looks like everything is falling into place for Monday 7-17-2011 Guru Kaperoni The currency market is closed (which should be a flat line) but since late Friday night we have been seeing an abnormality of a type of pinging or syncing. It may be nothing but the dinar rate is bouncing from the closing rate of 1177 to 1032 almost hourly. 7-17-2011 Guru Blaino (From the sandbox) Two Military contacts have confirmed that indeed the increase in value for the IQD is accomplished at long last and we should see it here on many sites as well as the Banks here (USA) on Monday =============== Personal letter to Dinar Guru member G from CFO of Pacific Rim Bank Hi [GJ], I'm sorry but I do not have any idea of when the revaluation might occur, nor do I have any idea what the rate would be. We are simply accommodating the exchange for our customers. Best wishes. Michael Sasaki SVP & CFO Pacific Rim Bank ========================== Open letter to Dinar Holders from Pacific Rim Bank Hello, this is Michael Sasaki from Pacific Rim Bank posting to clarify some misconceptions regarding our website. 1. We did not just create the website because of any inside information on the IQD revaluation. The website was created a while ago and our exchange program has been in existance for around two years now. We have no other information on the Dinar and we are not following the news on the revaluation. You are much more informed about it than we are. 2. Unfortunately, we only offer the exchange services to Hawaii residents. The program was offered at the request of a couple of our customers and was not intended to be available outside of Hawaii. That is why there is no link from our main website to the Dinar page. Additionally, we really aren't designed to handle large volumes of in-person, cash transactions so we are not advertising this service even in Hawaii. 3. If you have called me today, I sincerely apologize but I will not be returning your phone call because I have been inundated with messages regarding our Dinar program. If you are a Hawaii resident and still have questions about the Dinar exchange, please email me instead and I will respond to your questions. Best wishes, Michael Sasaki SVP & CFO Pacific Rim Bank