DINAR VALUE INCREASE REFERENCE TABLE

I've put together a simple table showing what you would make per ONE MILLION DINAR if the RV were to occur at the rates shown below for your reference.

Potential Value Increase per Million Dinar 

If the IQD increases to:     The value would be:

$0.01  $10,000

$0.10  $100,000

$0.20 $200,000

$0.50 $500,000

$1.00 $1,000,000

$1.49 $1,490,000

$2.47 $2,470,000

$3.27 $3,270,000

$3.89 $3,890,000 

CURRENCY CONVERSIONS REFERENCE TABLE

I'm posting these possible currency conversion rate numbers to assist you as investors should you run across different exchange rate numbers in the near future. This should help you in that effort. I've highlighted those rates we've heard of the most lately.

IQD	=	$	Conversion ($)	Conversion (IQD)
1153	=	1	0.000867	1153
100	=	1	0.01	100
10	=	1	0.1	10
1	=	1	1	1
1	=	1.49	1.49	0.67114
1	=	2.47	2.47	0.40486
1	=	3.27	3.27	0.30581
1	=	3.86	3.86	0.25906

BRIANLPN POST - DinarVets

the individual i spoke with did say that all meetings regarding the revaluation of the iraq dinar had been concluded and that all things involved including the rate at which it was to revalue had been decided. i asked this person if they knew the rate or when it was to be released and was told " my level of security clearance will not allow me access to that information, so i couldnt tell you if i wanted to", so we are still waiting on the fed for a release. thats all i know at this time.

Al-Shahristani Announces Oil Investment Returns

http://translate.googleusercontent.c...H1PvqTa8kLJJ7w

Al-Shahristani announced that the volume of investment returns oil would approach 200 billion dollars a year

Author: HM
Editor: NK | MN
Saturday, 12 k 1 2009 16:07 GMT 1292
http://www.alsumarianews.com/
Alsumaria News / Baghdad

The Oil Ministry announced at the end of licensing round investment of Iraqi oil fields Second, the volume of investment in oil fields will reach 100 billion dollars, with oil revenues by about $ 200 billion annually, while adviser said the Cabinet that the Council has no reservations about the fields that are won by investment firms.

He said Oil Minister Hussain al-Shahristani on the sidelines of the conclusion of the second round of investment licenses, which took place over two days and ended on Saturday in an interview with "Alsumaria News", "The ten fields won by the oil companies, three oil fields in the first round of licensing and seven oil fields in the reached the second round of licensing investment of approximately $ 100 billion. "

Shahristani said that "this investment will bring to Iraq, the financial returns of up to $ 200 billion annually in light of current prices, regardless of the expectation of higher price per barrel of oil during the coming period," indicating that "the proceeds will be allocated to rebuild Iraq," as he put it.

The Iraqi Oil Ministry signed two contracts in the second and third of last month was the first with a consortium of companies (BP) British and the Chinese National Development Rumaila oil, and the second with an international consortium led by Italy's ENI to develop the field Zubair, also signed an initial contract on 29 October the past with Exxon Mobil Corp. and Royal Dutch Shell Group to develop the West Qurna field.

They competed a major international energy companies to win the first licensing round in July 2009.

The Minister of Oil that "what is accepted today in the second licensing round for oil fields of the seven won by a group of companies, is expected to raise Iraq's production of crude oil increased by four million and 765 thousand barrels a day."

The Oil Ministry announced during the second licensing round, which began on Friday and lasted for two days, the victory of a coalition Dutch Shell and Malaysia's Petronas to develop Majnoon oil in the province of Maysan, a coalition of business, with his CNBC Chinese and Malaysian Petronas and France's Total to develop the field is also a fact Halfayah in the province of Maysan.

The coalition won the Russian company Lukoil Oil Stadium and the Norwegian investment in West Qurna stage II, and has won Snegul investment in the field star, which is located in the province of Nineveh, and the coalition won the Malaysian company Petronas and JAPEX Japanese investment in the field of Gharraf in the province of Dhi Qar, and finally won a coalition of business Kaz Akrum Russian, company ITP or Turkish, and Korean companies to invest Ko Kaz field Badra border in Wasit province.

He pointed out that al-Shahristani, "the production of three fields, which were transmitted to some of the companies in the first round of licensing a Rumaila and West Qurna and Zubair fields, would amount to six million and 400 thousand barrels per day, in addition to Iraq's current production, which amounts to مليونين and 500 thousand barrels per day from oil fields other, what would make Iraq's production of crude oil total to more than 12 million barrels a day, during the next six years, "adding that" Iraq will be at the forefront of Petroleum Exporting Countries during the next few years. "

Egyptian Minister of Oil that "prices provided by the companies to invest in these fields is very acceptable from Iraq, there are no companies applied for the development of ideals of any other fields in the world," noting that "the winning companies in the licensing round of the first and second distributed in Asia, Europe, America and Africa" .

The winning companies in the first round of licenses and the second had submitted bids to develop oil fields at prices ranging between $ 15 and six cents per barrel of oil.

For his part, chairman of the State Counsel of the Council of Minister Thamer Ghadhban said in an interview for "Alsumaria News", "The Council of Ministers has no reservations to the oil fields that were presented today to invest in the second licensing round."

The Anger that "the oil fields included in the second round of licenses are required fields and non-productive and there is a near consensus on the need to hire international oil companies to develop," he continued saying, "The reservations raised on the tour was the first formal licenses do not affect the nature of the contracts signed by the Ministry of Oil these companies with the initials ", he said.

The Oil Minister Hussain al-Shahristani, was announced at the end of December 2008 the start of the competition for the second session of the licenses of ten fields from Iraqi oil fields of 78 fields, which included the West Qurna and Saybah in the province of Basra, Majnoon and Halfaya in the province of Maysan, Dhi field Gharraf Qar, and a field ensured the coral in the Middle Euphrates, and a field east of Baghdad, and a field Qayyarah and field star in Mosul, and the field of Badra in the province of Wasit, and fields in eastern Diyala province.

SFMEDIC CHAT

chat 12/12 0930 cst
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OK I NEVER SAID IT RV'D YESTERDAY. WHAT I SAID IS I GOT FORWARDED AN EMAIL OF A CONVERSATION BETWEEN MR I AND A WARKA INVESTOR. IT EXPLAINED WHAT WAS GOING ON WITH TH IQD.  THAT THE IQD HAS ALREADY BEEN REVALUED.  I DO NOT KNOW WHEN IT WAS DONE, ONLY THAT YESTERDAY I FOUND OUT THE HOLD UP WAS SYSTEM FAILURES.  MY FRIEND WHO JUST RETIRED FROM CITIBANK...FRIEND WHO IS THE CORP VP... GO TO THE WARKA OFFICE AT CITIBANKS CORP OFFICE IN NY, WHICH IS IN THE SAME BUILDING.  THEY TOLD HIM THAT THEY HAD SYSTEM ISSUES, BUT DID NOT GIVE UP ANY INFO ON THE IQD.  NOW IT IS OBVIOUS TO ANYONE WHO HAS FOLLOWED THE TBI/THOMSON RUETERS SAGA THAT THEY WERE REPORTED TO SUPPOSEDLY BE ONLINE RIGHT AFTER THE EID ENDED.  MY ? AND IT IS SIMPLE ANSWER. ARE THEY?  NO...SO IF THEY ARE NOT ONLINE AND INTERNATIONALLY TRADING FOREIGN CURRENCY, THEN SOMETHING MUST BE WRONG.  YES OR NO? YES...NOW THEY CANNOT GO INTERNATIONAL WITHOUT A TRADABLE CURRENCY EVEN IF IT WAS ONLY 1170.  THAT IS WHY THE CMS FOREX CONTRACT CANNOT BE ENFORCED.  IRAQI CAN TRADE, BUT THEY CAN'T USE THE IQD EVEN LOADED ON AN ATM CARD.  IT DOES NOT CONVERT NOR IS IT ACCEPTED FOR PAYMENT OF SERVICES ON FOREX. NOW IF A PERSON IS LOSING SITE OF THE PROGRESS HERE AND DOES NOT UNDERSTAND THE STEPS THAT ARE MANDATORY TO MEET THE REQUIREMENTS TO INTERNATIONALLY TRADE,THEN I DON'T KNOW WHAT I CAN DO TO PROVE TO YOU THIS IS AT THE VERY END IF NOT DONE ALREADY.  IN FACT, I WOULD NOT BE SURPRISED IF OTHER MECHANISMS HAVE NOT ALREADY BEEN NOTIFIED OF THE RV AND HAVE A RATE AND DATE.  REMEMBER WE ARE THE ONLY COUNTRY THAT HAS THEM ON AN OFAC (Office of Foreign Asset Control) LIST.  NOBODY ELSE HAS TO RECOGNIZE IT.  

ANY OTHER QUESTIONS?
UPTHERIVER: morning, I just got on but did I think it's great news that forex now shows the iqd as a "strong " buy

SFMEDIC: IT SHOWED IT AS A STRONG BUY FOR MONTHS

INDIANARICH : How are retailers paying for imported goods? I have not found anything....

SFMEDIC: SEVERAL COUNTRIES ACCEPT TH E IQD AS PAYMENT FOR GOODS, BUT THEY DO NOT OR CANNOT CASH THEM IN.  FRANCE TAKES ABOUT 25O BILLION IN USD/IQD A YEAR FROM IRAQ.

INDIANARICH: at the current rate we know or a pre-arranged number?

SFMEDIC: NO AT THE CURRENT RATE

LDBREWE: do you also think that part of the delay is the security in the country?

SFMEDIC: NO SECURITY IS NOT THE ISSUE

STLOU : if the US has them on the OFAC list..why would they be pushing them to RV now? It seems they would take them off for that to happen.

SFMEDIC: THE SECURITY WOULD BE A MUTE POINT IF THEY HAD AN RV.  THEY DO NOT NEED TO TAKE THEM OFF UNTIL THEY DO RV.

RENNOV81 : ofac?

SFMEDIC: OFFICE FOREIGN ASSET CONTROL

UPTHERIVER : so once again it's the US that is kinda the holdup?

SFMEDIC: NO, THE US IS NOT HOLDING ANYTHING UP AND NEVER HAVE.

dlittle6: on the auctions, when they are buying it back, who are they buying it from?? thanks

SFMEDIC: THEY BUY BACK FROM THOSE ENTITIES THAT HAVE PURCHASED IRAQS DEBTS FROM THE SALE OF TBILLS AND CB BILLS.  THINK ABOUT THIS WEEK AND ALL THAT HAPPENED THAT WAS PROBABLY SO OUT OF CONTEXT FOR IRAQ

OK – Now the List of Events

1) THE IMMINENT VETO OF THE ELECTION LAW THAT TOOK SEATS AWAY FROM THE SUNNIS AND WAS GUARANTEED A VETO BY HASHEMI, NEVER HAPPENED. WHY?
2) THEN THE NEXT SURPRISE, HASHEMI SIGNS OFF ON THE EL AND IT IS THEN POSTED IN THE GAZETTE AS OFFICIAL
3) THEN A POPULAR SUNNI VP IS FORCED OUT OF OFFICE
4) THE BOMBINGS
5) IRAQ DOES NOT DO WHAT IRAQ IS SO PREDICTABLE AT DOING THEY DO NOT HAVE A 72 MOURNING CALLED OR PASSED
6) THEY ANNOUNCE THAT THE OIL AUCTIONS ARE TAKING PLACE ON TIME AND WILL NOT BE CANCELED EVEN THOUGH THE BOMBINGS THAT COST 127 LIVES AND HUNDREDS MORE WOUNDED
7) THE LAST AUCTION OF THE WEEK IS OVER 200 MILLION FOR THE FIRST TIME ON A THURSDAY SINCE MAY 28 OF THIS YEAR
WE FIND OUT THAT SYSTEM ISSUES ARE CAUSING THE RV TO BE DELAYED
9) TWO THINGS PROVE PART OF THIS, ONE IS THAT NO TBI ONLINE THERE IS A RED FLAG
10) I HAVE IT CONFIRMED THAT THERE ARE SYSTEM FAILURE ISSUES THAT WARKA REPORTS
11) WE KNOW THAT OUR PRESIDENT HAS INTERVENED IN KURDISTAN ASKING PRESIDENT BARZANI NOT TO BUCK THE LAW
12) MALIKI HAS 1500 ARRESTED FOR CORRUPTION
13) LUKOIL THE LAST OF THE UNSC PERMANENT MEMBERS OF THE UNSC COUNTRIES GETS AN OIL CONTRACT
14) GAG ORDERS ARE GIVE TO THE US TREASURY EMPLOYEES THAT THEY ARE NOT TO DISCUSS THE IQD OUTSIDE OF THE US TREASURY
IN FACT MY FRIENDS SOURCE WAS MET ON FRIDAY MORNING AT HIS OFFICE IN THE TREASURY IN DC AND WAS PUT ON ADMINISTRATIVE LEAVE
15) WE KNOW THAT US FORCES HAVE BEEN CALLED FOR SPECIFIC DUTIES OF GUARDING BANKS AND OTHER FACILITIES INSIDE IRAQ
16) WE ALSO KNOW THAT MALIKI ON NOVEMBER 26TH OF THIS YEAR STATED THAT UNEMPLOYMENT WILL BE OVER BY EOY 2009.

JUST HOW IN THE HECK IS HE GOING TO ACHIEVE THAT?   SO THERE IS A LITTLE BIT OF THE PROGRESS FROM THIS WEEK.

GOTTABEME POST

12/11/09 PM 
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gottabme: I really hesitate to say anything because I haven't gotten any validation on the intel and the only reason I will say anything is because the source is one of our own whom I trust , family member who is heavily invested and worked for and is connected to a security team in Iraq. He is getting intel from the boyz who are on the ground in Iraq pulling security duty.

9:28 PM gottabme: These boyz have no reason to not be telling the truth period. You can't be in Security and be a lair.. ok with that said..

9:29 PM gottabme: Again, please consider this Rumor as all our intel and stay grounded. The word on the ground is there is a huge Security Influx..obvioulsy cuz of the bombings but this group is used to guard the Banks and secure outside communication information..provide security.

9:29 PM gottabme: Ok, back.. Let me tell you, when the weekend comes in Iraq, intel is very poor. I do like the Security guys intel but again it is only hearsay and rumor. Basically Sunday is the day I am predicting for an Incountry of Iraq Reval announcement and then watch for the exchanges picking it up and we see some movement Sunday and Monday we exchange.. IMO that is what I am predicting.. if it doesn't come about, it is always just "Another Monday"* *

9:30 PM gottabme: I believe the Rueters issues have been and are being taken care of and center around Securing the system right now. That is why we are seeing some movement on some of the Boards like we say today and earlier this week.

9:30 PM gottabme: They put stuff out there and see if it gets hacked or someone can hack into the system and cause problems. Folks actually get paid for that stuff. Go figure. They also are calling for Sunday/Monday but again, it is rumor but is the most solid intel I have to date. Again, I have heard other rumors and nothing I say comes from another forum.

9:30 PM gottabme: I don't think they had the system installed and tested last monday and it is related to the snafu of another company approaching the CBI directly with another Bid to cut the TBI/Rueters out of the running. That was squashed and it delayed this a bit. From what I hear, they are just testing the system and Iraq should flip the switch...Maliki and Shabibi from the CBI to the TBI Via the Rueters System onto the Forex...Foreign Exchange network and whiz Bam Thank you Mam, we see the movement Monday morning.. IMO with all the intel I have heard. Again, Don't mortgage the Farm Martha, it is all rumor until it happens.