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

That being said...I have to believe that the steps being taken are in the right direction.

COMEON BABY

Originally Posted by jsfletcher

Chase owns Bank of Iraq? Someone posted earlier that they called Chase and was told they could still buy

While I was at my local Chase branch today here in Houston picking up my latest stash, a friend of mine was there purchasing some more. This was today at around noon time Central.

Originally Posted by Vipor

While I was at my local Chase branch today here in Houston picking up my latest stash, a friend of mine was there purchasing some more. This was today at around noon time Central.

yea didnt someone say they asked around 3pm and they said they werent selling dinar at this time

warka is back up


Warka Bank Official Webiste

Originally Posted by zwhatimsaying

let me get this straight.

1. CBI website is down and has been for close to 24 hours now
2. Warka bank website is also down.
3. Bank of baghdad has pricing from 10-15-06
4. Major roads are closing down in the central part of Iraq business sector.
5. Chase bank as of this morning stopped selling dinar. (Chase bank owns bank of Iraq)
6. Minister of Oil has left to china, japan and australia to do what again?

does anyone else see this as being very strange?

FYI - Warka is back on line Warka Bank Official Webiste

Originally Posted by zwhatimsaying

let me get this straight.

1. CBI website is down and has been for close to 24 hours now
2. Warka bank website is also down.
3. Bank of baghdad has pricing from 10-15-06
4. Major roads are closing down in the central part of Iraq business sector.
5. Chase bank as of this morning stopped selling dinar. (Chase bank owns bank of Iraq)
6. Minister of Oil has left to china, japan and australia to do what again?

does anyone else see this as being very strange?

Earlier today my Chase bank was still selling dinar. Has that changed?

Originally Posted by OneShotOneKill

After this ride I will continue with the Dong!

OSOK

He said DONG.... Huh! huh!huh!huh!

Geez peeps, keep up. That was Apollo saying they were not selling anymore Dinar until the CBI was back up.

I think History always repeats itself.

Kuwait actually took 3 years to RV. I read an article when I first decided to buy Dinars about Kuwait's time line. I can't find it now but Iraq has mirrored it from what I remember reading.

Wealth is measured in production and exchange that is how a Country grows great wealth is to up it's production. Iraq is an untaped market so when it gets started it production and growth will be huge. Also the wealth of a Country is swayed by the amount of debt it has and most of the Country's have written off any where between 80 to 90% which makes it almost debt free with great product to produce and exchange.

I do believe that this will be a critical time for Iraq and Investors. They do not have that many options. With the Compact agreement coming up I do believe I read in the Marshal Plan that they need to RV before they sign that. As that is the beginning of the 5 year rebuild plan. Also they have deals on the table and with the 10,000 gift it would make sense as they are close to make it a gift that means something more than a half a tank of gas. I think if they give the gift without an RV the Iraq people will lose a lot of faith in the government and create more violence. And you have the debt relief that I read on anther tread has a deadline of December. Also a currency clause.

Right now there currency is the lowest it is not even worth as much as a Paso. With there natural resources they do need to RV around the amount on neighboring Country's.

Dinar-Excited

Proposal to establish Iraqi, UAE bank

The ministry of trade has confirmed that it referred the chambers of commerce union's proposal of inviting UAE to establish an Iraqi-UAE commercial bank to a specialized committee. A ministry source said Monday, "The ministry is studying this proposal".

Proposal to establish Iraqi, UAE bank | Iraq Updates