Iraq Dinar Speculation

The currency has not risen or fallen in such a long time , it is almost no fun to watch anymore. I really wish I would have bought gold back before it went up , along with platinum and silver. Really sucks to invest in dinars and wait so long for action. Hope Hope Hope , what crap, but still I Hope more. Lets end all this speculation and hope and just go ahead and revaluate the Iraqi dinar to one U.S. cent , then go from there. Easy enough, we throw pennies away like they are worth nothing. I seen some on the streets in Mexico back in 1987, when their money was worth about 2200 to 1 on the U.S. dollar. So why not just go ahead and value the dinar at 1 U.S. cent and be done, then we can all get some money and not be super rich , but cash in and have made a good profit and a smile on our faces. I can then start a family and get on with my life . I am so sick of this waiting crap. Go ahead and revalue and be done with it . No more hoping , as the hope is killing us , be like Nike and just do it .

I couldn’t do alone, we all must quickly convey the message to the opposition parties of Iraq that if they want to win more votes from the people of Iraq somewhere in early 2010 to increase their seats in the parliament, they must promise them (by God’s Permission) about the speedier revaluation of Iraqi Dinars at an excellent rate first to enable the poor and the needy Muslims inside Iraq to improve their living standards and assure them of more employment. Iraq government must do it this way without further procrastination against the revaluation of Iraqi Dinars like what PM Maliki like to procrastinate for already some years where many investors of Iraqi Dinars still keep speculating about it till today. Why keep withdrawing money to help their Iraqis without any financial gain in return at all and her debts had kept and will keep piling up without a full stop right there? There must be a way to teach them how to catch fish for their own meal everyday, not just by giving them fish everyday.

In future, many negative repercussions like the emergence of civil wars, corruption, criminal activities of pirates and bandits, drug syndicates, prostitution and all that you can name them may happen without any control if procrastination keeps on till next generations of Iraqis emerge. Even greater pressures on natural resources will increase as Iraq may face a population explosion in the near future. Because most Muslim families in Iraq would love to have more children suggested by the rule of Sunnah. Is Iraq government prepared for such a contingency? Only revaluation of Iraqi Dinars would enrich all Iraqis asap. By this, the pain of poverty decreases in order to welcome the joy of more future progeny next. If procrastination continues due to corruption caused by unscrupulous governors, ombudsmen and bureaucrats, Iraq suffers!
Does PM Maliki of Iraq himself involve in corruption so much so that the revaluation of Iraqi Dinars has been delayed for some years by now? I personally feel his procrastination is fishy to me. ‘The saying Don’t judge the book by its cover is an absolute truth. I don’t trust him at all!

My mentor once told me this: Rather than competition bringing down corruption, corruption is often allowed to prevent competition. Apart from the general moral and ethical arguments about bribery and dishonesty and the effect they can have in undermining general respect for the rule of law, corruption is generally bad for efficiency. It leads to decisions made by bureaucrats on the basis of what is good for them, not good for the economy. Let us hope PM Maliki of Iraq is not a corrupted person as labelled by the Qu’ran as well. The future leader of the whole world Imam Mahdi is an honest person who will not, I believe, hold up revaluation of Iraqi Dinars like him for whatever reasons to prolong the sufferings of the poorer Iraqis around Iraq.

Continuous corruption in the government can prevent the speed of revaluation plan because some great guys inside might be pocketing more US Dollars for their own benefits, not for their economy. Qu’ran keeps warning us about the many hidden corruption occurring in the departments of governments everywhere in our space age and I am one of the persons who can see the invisible colours of their true faces. It’s okay to tell you because it’s a blog site here you won’t know who am I. I am gifted by God. Insha-Allah! and Alhamdulillah! You shall see the truth very soon about the hypocrisy of them.

We all, not I alone in this blog site, must convey such message and suggestion asap to the government of Iraq and her opposition parties before the next polling day may occur early 2010. Iraq is a more civilised country right now after the fall of Saddam Hussein and she deserves to get her Iraqi Dinars revalued at an excellent rate to rebuild her economy asap in a fair way like what Kuwait has received.

Singapore is such a small dot in the world map and if she could be so financially successful in businesses with stabilised economy without any mineral resources at all, could Iraq’s future economy be better off in a shorter period of time if she has so many mineral resources given by God under the ground ready to be shared with the whole world? If Singapore can do it, Iraq can do it as well!

China has just opened her gateway to business opportunities worldwide not long ago, perhaps somewhere around 1997. If China can do it, Iraq can do it as well! Why must the naysayers still live in the past and imagine the shadow of Saddam Hussein, even after his demise, is lingering on in Iraq. It is unfair to always keep imagining Iraq is a villain while Kuwait is a hero. Let us not only pray, just do it altogether to speed up the revaluation of Iraqi Dinars by letting Iraq governors know about our urgent message.

Revaluation Plan of Iraqi Dinars 2009?

It is true one lucrative idea makes one rich and one dozen lucrative ideas can make one richer. So, let us contribute more convincing ideas to President Barack Obama to use his influence for the world to speed up the revaluation plan of Iraqi Dinars. I have contributed many ideas to the president and one of these is shown below as a sample to all of you bloggers to encourage him to do something about it soon. Please google search for “Email to President Barack Obama” and you should see the same on the search result for you to click on and then you must follow its instruction. Please do not keep speculating about RV for years without any result. We need to change our whole idea how to bring facts about the advantages of RV to all governments concerned including Iraq government. I did the same to Iraq Ministers as well.

Dear President of the United States of America,

Everyday, more and more new foreign investors are going to Iraq to do business with great confidence and Iraq is coming close to be a 100% democratic nation. Is it fair a new Iraq should have her currency revalued to ensure the values of many other things should be on par with ours? As every other democratic nation enjoys the same equal rights and the protection of human rights, is it time to give the same to the new Iraq without further delay? Why do I need to tell you not to leave out even one poor family at one corner of Iraq uninformed and unprepared about the revaluation plan of Iraqi Dinars (if it happens) at anytime? I had lived with poorer people for 4 years during my younger days in order that I’ve learned to empathize with people who truly suffer poverty and my tears for them are deep in my heart. I do not send this message to talk rubbish because I am one of the people in this world who support President Barack Obama as well despite I am from Singapore. Let me explain to you much more with facts contributed by someone, as below:

Iraq: Re-Value the Iraqi Dinar? Yes!

One Investor’s Take on the Valuation of the Dinar
By Roger Isaksson

Iraq’s current government has been staggering badly under the pressure of growing violence and widespread infrastructure failures. As a result, government consolidation is taking place, including dismissals, arrests, and the emergence of strong personalities. Yet still, most government participants appear to lack the will to stick their neck out and make bold moves that would ultimately help the Iraqi people.

The Iraqi Dinar
Economically, according to my estimates, the Iraqi dinar is hopelessly undervalued, and should have been revalued long ago. The dinar is held down artificially by the Central Bank of Iraq (CBI), resulting in very little buying power for the Iraqi working class. Currently, most of the day-to-day products needed by Iraqi’s are produced outside of the country, but when buying it with an undervalued currency, nobody except the intrepid merchant benefits. In order to justify the costs of manufacture and import into the country, most things that we in the West take for granted are priced far beyond the average Iraqi’s ability to pay for it, due in large part to the vast exchange rate differences.

Due to these currency differences, few Iraqi’s can afford the items they want or need. As fewer people can afford them, the market for these items is artificially small, resulting in less competition and higher prices. This, coupled with the day-to-day disruption of goods and services due to the violence plaguing large tracts of the country, have led to high levels of inflation.

By revaluing the Iraq Dinar to it’s true value towards the market, the Iraqi people will regain a measure of their buying power back. Imported goods will now be within reach of nearly everybody, helped to infuse the Iraqi economy with a new vitality.

True Dinar Value
In analyzing the true value of the dinar, many have predicted a value as high as parity with the US dollar ($1 = 1 dinar), while more conservative estimates have been in the range of a $0.01 = 1 dinar. This range, of course, can only be estimated, because the dinars true strength can only be determined, as with all currencies, once it is freely traded on the world market.

The continued lack of purchasing power of the Iraq dinar will be yet another factor in a long line of social problems, and some have the idea that those problems have to be addressed first before the economy can be fixed. The Iraqi man on the street is having a hard time feeding his family, and in such dire circumstances he may even be tempted to work against his fellow Iraqi’s through insurgency, crime and even terrorism. This writer urges the current Iraqi Administration; fix the dinar.

The “Big Guys” are standing at the gate waiting to get in, but have to wait until they get assurances that the investment will not be socialized as in Saudi Arabia, Iran and Venezuela, or lost completely due to a full-blown civil war. The new Iraq Investment Laws are tentative right now, but hopefully the Iraqi Government will make it a top priority when they return to session this fall. However, as with everything in Iraq these days, this supposition is a moving target at best.

Posted by Lawk Salih
Posted on Friday, September 01 @ 06:14:37 EDT by admin

Just do it! Nike says!

I have emailed to many key bodies like: , , , , , , , , , , , , , , <delegation-new-,,, , , , , , , , , , , , , , , ,
Please try to email them to suggest ideas related to revaluation plan of Iraqi Dinars. Don’t just sit here and keep dreaming RV could happen tomorrow. Nike says “Just do it!” Anyway, good luck to us all!

Now, this is a more convenient way for you to click on:
info@ieo-imf.org, mrahman@worldbank.org, delegation-geneva@ec.europa.eu, hfortin@worldbank.org, jcarchrae@worldbank.org, tokyo@hrw.org, bfcoffice@worldbank.org, mschrader@imf.org, publicaffairs@imf.org, rboujaoude@worldbank.org, toronto@hrw.org, communityrelations@imf.org, rgilfoyle@worldbank.org, jnyaga@worldbank.org, delegation-new-york@ec.europa.eu, hrwdc@hrw.org, vramakrishnan@worldbank.org, paris@hrw.org, hrwgva@hrw.orgns@imf.org, ieo@imf.org, cee-office@imf.org, mschrader@imf.org, hrwsf@hrw.org, ngoliaison@imf.org, publications@imf.org, chicago@hrw.org, berlin@hrw.org, hrwnyc@hrw.org, media@imf.org, publicaffairs@imf.org, insinfo@imf.org, hrwbe@hrw.org,

Mind you naysayers, despite the fact money is not everything but without money, everything including true love these days, is totally impossible. Why?

Love of money is the root of all evil – 1 Timothy

Much more truer than the above excerpt from the Bible is:
Lack of money is the root of all evil – George Bernard Shaw

We couldn’t be a good spouse without sufficient money to survive.
Great majority of divorce cases is due to lack of money. Check it out!