We are planning an Iraq Dinar mastermind call on thursday for 8pm central time. There are no confirmed speakers for this week so I myself (Darren) will pull everyone together for a call.
We will discuss all the questions that are brought up on the calls session. I will be looking for article ideas to write about on this blog from this call.
If you have questions or would like to contribute ideas, speculation, or ’strong information’ about Iraq Chapter 7, the Hydrocarbon Law, Iraq elections, or anything of that nature this is your chance to bring the information forward on a live mastermind.
Call Type: VIP, anyone invited, but recording not public.
This will be a VIP call and the recording will not be publicaly available. Anyone may attend this call so you must be there live to hear the call as the recording will not be available outside of VIP membership.
Topic of call: Iraq investing
Time/Date: Thursday Feb 18th 20:00 hours Central time (8pm)
Public Access number: 1-404-920-6610
Public Conference Code: 377877#
Give this number, date, time, and call code to your friends and family now!
Available lines: 50
VIP Access Code: Will be emailed to members before the call
There will be a special mastermind at the start of the call with VIP members
and priority will be given to VIP member questions.
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http://www.DrDinar.com/GOLD.external.html
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Thank you and hope to talk with you on the call!
Darren Chabluk
Jennofer, apparently, according to pacster it’s all over, it’s all one big failure. What is your take on it today and the March 1st date?
Trent> Pacster is a dweeb. He is a lopster that lives in the life of the economy of Iraq ( 5 years ago.) His intake on everything is that they cannot afford a RV, they are too poor, we all live in a fantacy world, they are lopping their currency and if anybody believes any different, then we are ate up. I think he took the crown for ” most arrogant” lopster. I really noticed him when an article that got me deeply upset….the words were changed in an article…came out in the middle of the night and he was “johnny on the spot” to throw his negative lop stories on it immediately after it was posted. I think he was the one that did it personnally. In the middle of the night and he was right on it? I posted right under him and asked him~ point blank~ if he had anything to do with swithing the words around in it to throw people off! I think everyone is on to him and I noticed that two others are following him…2 others. So we have 3 lopsters on the net throwing out their negative lop stories and it is them 3 against everyone else. Phoenix challenged them yesterday to articles to back their theories up and it went back and forth for awhile, until big daddy stepped in and put a stop to it. Phoenix was providing kick *ss articles, they were calling phoenix “cupcake” and other things to draw the subject away from the whole subject. Phoenix chewed the 3 up and spit them out. IMO.
There is NO WAY that Iraq is going to lop. Their inflation would have to be over 30% to do so and we all know that Iraq is setting around 5% inflation. Dropping the 3 zeros means what they are doing…plain and simple…they are taking THE NOTES WITH 3 ZERO ON THEM OUT OF CIRCULATION. Going to the lower notes. Pacster wants people to believe a different theory. THE WRONG THEORY.Because he has the belief that Iraq is not capable of a RV when we all have seen, in their articles, the total opposite.
As far as the March 1st thing. Just as Bubbajr said, it looks very favorable because of so many things that are happening this week. There is an emergency meeting, two other meetings, the updates on the exchange rate comes out on the 1st, the difference in dinar ( providing the rumors are true) are being given out on the first, ( and there are many making that claim.. possum, Frank, Medic, and others saying it annonomously) plus, Bubbajr said that if you really read the articles closely, it looks as though that is what they are saying. We could be seeing somthing that is not there….but it is favorable. What will be the kicker is the change in the amount of dinar on the first. If they do that, and you do the math, without an RV…THEY WILL BE GETTING LESS PAY! We all know that the Iraqi citizens will not stand for that, alone, so they would HAVE to RV. Me, I am not running out to buy every dinar I can get my hands on because of this, because we all know that these are just theories and windows of opportunities…but if we DO see their dinar intake decrease, I really believe that the RV will be right with it. Nobody can actually confirm their pay change outside of hear say and the small “givens” in articles so we just have to see for ourselves what happens. I can see them doing that the first of March. They have been talking about it all month and the organizations they want into requires them to do somthing eventually with their exchange rate, so why not sooner than later. They want all their notes back by the end of the year so they better get a move on. That one guy ( I can’t remember his name) has to report on April 1st the changes being made and the progress of it. It could be the RV that they are talking about. COULD BE! All I am saying is that March 1st looks like a favorable window. I have said it in the past, nobody knows what they will REALLY do over there.
Nice post Jennofer. Thanks!
It is going to happen SOON!!!!
Thanks Jennofer. I didn’t see the post about the article that had the words switched, but that was a very good catch! Way to go! That’s pretty funny that you were right there when it posted in the middle of the night and caught it and then asked o’l Pacster point blank if he did it. That is too funny. I would not doubt that he did something like that on purpose. Who knows what his motivation is. There is a lot of continual information (some of it crap) moving around. Check with your buddy and get back to us. Thanks again.
On dinar daddy tidbits word is that the salaries are cut and budget approved and ready for release. Their next payday is March 1.
If the budget is indeed in billions and not trillions then I have one thing to say…. CHA CHING!
My questions is the same as always, when?????
If they are paying the Iraqi people less ( dinar) on the first of March, they have to revalue on…or just before…March 1st. They have a banking holiday on the 28th of February so the banks are closed. They are having these 3 meetings, or had them….today, I think??? Not positive on my dates. Today or tomorrow. The change in the hours throws me off! Let’s just hope that all goes well with that. March 1st seems to really shine, doesn’t it? They can potentually do it then, or before..who knows? But the fact that March 1st is just a few days away gives us hope that it could be real soon.
American Contractor is saying it isn’t possible until after the elections. They keep saying people in their Government have gotten raises and the dinar intake on the first is false. How can so many people claim JUST THE OPPOSITE and American Contractor come out and basically call them liars? I know that they cannot just come out in the news and annnnounce what they are doing, but we have other people OVER THERE making these claims and American Contractor is saying they are lies. Who, and what do we really believe? I GUESS IT WILL ALL COME OUT IN THE WASH ON THE FIRST! If nothing else, answers to all our questions pertaining the budget, the dinar intake, how credible these “sources” are in Iraq ( on both ends of the spectrum ) and maybe, if it RV s~~~~~ CLOSURE!
I guess we have until March 1st, then we have until after the elections, then we have until the troops leave, then we have until the end of the year, then we have until the 2011 budget is released, then we have until the American Contractor says so, and then…….
Okay, I guess I am naive because apparently there are people that buy more than they can afford because of what others are pumping (telling)them. Apparently this pumping thing has become viral according to dinar daddy’s site. I have only bought what I can afford or felt like I needed. Apparently the lopsters are of the opinion that this whole investment is a waste. I don’t get it, apparently there is more going on than what I understand. It is a tragedy if someone put theirselves in a financial bind because of this. Ultimately those that have mislead others for their own gain will have to answer for they’ve done. Some are trying to turn a fun thing into a sad thing.
Trent> Don’t bother yourself with any of that. For a couple of weeks now, things have been “off the hook” and you are going to see some opinions about everything out there and you can bet that these debates will continue until one is proven wrong. The RV…and how they approach their currency is going to be the final say.
Jennofer please give us an update about the 1st or the 8th. What’s bubbas word?
What will be huge is the effects of (if it occurs…which may be soon) is the re-reinstatement of 1000’s of Military Officers from Sadam’s Army. Could it be a step in the direction of Iraqi self control or will it light the small fire storm of re-Bathist Party infighting again.?. Many Bath Party people had been reinstated before but were then disqualified by the government for being too Bath(ist) and too high in the previous ranks (corrupt). Army training still has to come a long way before they can police themselves. So be patient a little still. But I am a believer.
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Great seeing some update Darren. Here is some more on the subject from an Exxon internal post release. I will re-type here for everyone. It is brief for now.
An ExxonMobil Corporation Affiliate, ExxonMobil Iraq Limited, signed an agreement in January with the Iraq Ministry of Oil to redevelop and expand the West Qurna-1 field in southern Iraq.
The agreement was signed in Baghdad by representatives of the Ministry of Oil and the West Qurna-1 contractor consortium in the presence of Iraq Oil Minister Hussain al-Shahristani and Bob Franklin, president of ExxonMobil Upstream Ventures. The consortium members are ExxonMobile as the lead contractor with 60% interest, Oil Exploration Company(owned by the Iraqi government) with 25% interest and Royal Dutch Shell with 15% interest.
“We are pleased to sign the agreement for the redevelopment and expansion of the west Qurna-1 field and look forward to working with the government of Iraq and the South Oil Company on implementation of this important project,” says Franklin.
ExxonMobil will continue discussions with the government on other opportunities to assist Iraq in developing the countries resources. The company would apply its’ industries-leading operating capabilities and innovative technology to provide Iraq with maximum benefits from the field. ExxonMobil also plans to focus on the recruitment and development of local employees, the development of qualified local vendors for the supply of goods and services, and supporting corporate citizenship initiatives in health, education and infrastructure.
In order to get a good World Stage economy going,,, especially if your primary revenue is Oil,,, I figure you MUST first get your resource ready for market aye.?. Then the country can go forward with internal plans and rebuilding and services once valuable currency starts its’ flow. An elected official could most likely make a promise he can actually keep because the currency has value. Materials and people/labor can be ‘paid’ well now.
Just thinking out loud.