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August 31 this week is the official deadline for the coalition troop pullout in Iraq, ending ‘active’ war in Iraq. The troops will be lowered to 50,000. This means that there will still be 50,000 troops in Iraq to ‘advise and assist’ but this reduction is considered a pull out. Interesting…
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Regards,
Darren Chabluk
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IMO, rv will be soon, ….. before 2010 is over…if not it will be years down the road.
Explain George…
take a summery of everything since …say 2006…the stability, economy, if it does not get done with no real GOI…then rebuilding , stability, democracy, will take TIME ! IMHO.
Thanks, that makes sense, it be a good theory.
Hello George
People need to stop predicting when the RV will happen. It only looks foolish after a while. The RV will happen but the rebuilding of Iraq is a work in progress that will take years. Perhaps through yet another US Presidential Administration.
The bottom line is to prevent any major set backs and to keep moving forward with steady progress however slow it may be. Then when we least expect it the Iraqi Dinar will just come on line to a free float market value.
In my opinion, the key is to prevent another major war of any sort from anywhere. The TARP loans, i.e. US Taxpayer bailout, is slowly but surely also being paid back. This road to recovery is synergetic to the world’s economic recovery which is also connected toward peaceful resolution in dealing with Middle Eastern foreign affairs.
In short, If we can get a run on the no major war concept while we make our attempt to recover economically, and if Iraq maintains the steady course in working through their political problems, then things will break for the better for all, which is to include Iraq’s RV.
One final point the Federal Reserve which is a big part of this New World Order, is sitting on currency throughout the world, for various reasons that aren’t always clear other than for investment purposes. So you see our economic recovery within the entire US and the world is also contingent upon the complex monetary system that we are using.
In short, we as a nation stand to gain economically with a stronger Iraqi Dinar. How we get there and how this evolves, are the key questions that needs to be answered and remains to be seen.
I have been working in Iraq now for almost 5 years and the feeling here is that we are pulling our troops out to early.We needed to stay here for at least another 7-10 years, Iraqi forces are not ready or equipped to handle the Country’s security. I feel it will be at least 2 years before any RV and think it will start out small…hang in there folks and wait it out!…Ozzie
Thanks for your contributions Ozzie, stay safe…
I can foresee the prosperity of Iraq dinar may be linked with USA army withdrawal on 31 aug.. after passing through analytical study of present and part of dinar. most promising aspect is the US Treasury approved new dinar as well as all regions of IRAQ have no objection on the figures printed on new currency. 50000 troops with drawal canot effect economy of oil reach iraq. many international firms are interested in Iraq economy buildup. for instance the financial hub of flood torn Pakistan that is city of Karachi i have seen today unprecented rush of people buying dinar from money changer even most of them suffrein gfrom flash flood.
I have said from the begining that nothin will happen until we pull our troops out.Good to see it finaly happen.With Kuwait it took 9 monthes for there dinar to climb back up lets hope it atleast starts to move up,slow or fast I just want to see it start to move.
Darren I want to know if I move back to Canada and deposit my dinar and exchange there.Will I have to pay any taxes on the money I have when I move there?Or could you hook me up with someone I could contact there to ask some legal q’s?
Here is the number for my Chartered Accountant, he’s real good. William Forbes 204-233-6550. Tell him Darren Chabluk sent you, he’ll take care of you.
The troop withdrawal is going to throw the country of Iraq into a massive battleground. Iran will do everything possible to destablize the country and take over the oil fields. Usually I am a very positive person but the withdrawal of combat troops was not a smart move.
There are still 50,000 troops who were formally called ‘combat troops’, is it a name change, or is it hell in a hand basket??
I think that the US troops leaving Iraq is a very good thing for the Dinar situation. It will compel the Iraqi security forces to take the reigns and do what is necessary for Iraq to become a stable nation. Whether they are able to do that is questionable but it is a move in the right direction.
IMHO .. The whole game is controled by the Bildebergers, Rothschilds, Rockfellers the Tri-Lateral Commission, Skull and Bones, Council on Foriegn Relations, The Club of Rome, and has been for over a hundred years. It will be their decision when and where the RV will take place. They are the perpatraitors of all the wars for the last 100 years or more! History proves this and their game (Hopefully) is comming to an end. This November election will be the catalyst in moving back to “We the People” Make sure YOU vote and make it count.
Couldn’t have said it better myself. You are absolutely right, we need to take back our country and the White House after we fumigate it.
Interesting thoghts! Opinions are like mouths. Everybody has one!
Hello Darren,
Thanks for the opportunity to give my response about the Troops pullout,
and I would like to thank you for all the information and work you provide for us in dealing with our Iraq investments. A job well done.
I for one, am only giving my opinion on what I hear and mainly what I “don’t” hear.I’m not trying to bust anyone’s bubble, like everyone else I hope Aug. 31st is our salvation to riches. First of all is about what I hear.I hear about some investors from other countries.I hear about some of Iraq’s debt to the world has been dropped.Iraqi Army has taken over control, and the Iraqi police are now controlling their streets.But with 50,000 troops staying no mater for what reason,don’t look like a pullout to me. From what I can make of it I don’t have much faith in the Iraq population and their government officials. There are still innocent people being killed, and troops are still losing their lives.The Iraqi people are in a world of their own. They are ignorant to our way of life, and justly so. To them we are alien, intruders from another time and place.Their belief’s are all they know. Then they are raised on these beliefs, like you and I are raised to become what we believe in today.With our different religions and political views.This makes us who we are and how our society works. So who gave us the right to try and change another nation for what they do, is all they know. Once upon a time there was such a person in our reality of life who hated Jews and our ways.We all know how that turned out.I don’t have to mention any names we all know that one.(That is just an analogy of mine).Like I said this is only my opinion,I have nothing but my views to back it up.So what I mean by all this is in short of.I don’t think Iraq will ever be stable enough for the common man to be able to invest and safely be part of its culture for the purpose of mankind.
I base this also on what I don’t hear.That is you don’t hear the hype this should be having in the media.If the Iraqi Dinar was to go up in value for real, on Aug 31 or shortly after, the whole world would be in a frenzy state of mind.It would be like the invention of fast food.Everyone would be out to get their fill. There would be so much advertising and they wouldn’t be talking about a depression.I can just imagine the number of Canadians who have taken on this adventure just like me.Just think of the spending and buying that would occur.And the stories the news media would get about all the rags to riches stories and it goes on and on and on from there.So maybe I am a bit sceptic but wouldn’t this be the best thing since sliced bread.Oh well, that is how I would expect it to happen.But its not. Then again on the other hand I really hope I am wrong.Maybe I need something good to happen to get me on a more easyier road then what I have been traveling on. Then maybe I would have a reason not to be so negative about things and how they always unfold, in my life anyway, can’t speack for anyone else.Hopefully we all finally find that pot of gold at the end the rainbow.Sorry for the long opinion. It was to be a short thought from my brain, but then my heart got involved, and finally emotions had to get his two cents in.Im just an ordinary Joe, just like a lot of others who probably seen or heard this so called investment about the Iraqi Dinar.I heard it from a good friend,so I passed it on as so many others have done.It was a long shot, and you did not have to invest your life’s savings.Only what you wanted to invest.No guarentees only time would tell.So what the hay! right.I even charged it on my credit card, for I had no extrs cash for investment.I bet a lot of us did.So I pray for all that our lives will be touched and changed for the better.And if so don’t forget the people you love and help the unfortunate people when you can.We can help change another life’s, even if you don’t know them.
God’s speed everyone.
P.S.
I had a lot of people I know laugh at me and said that was a stupid thing to do throw away your money on a hunch.Said they had better things to spend their money on.Would love to see the look on their face if things were to happen soon and I became a millionare.
Thanks Leo! Great post.
Pullout or no pullout they will rv when they are ready and when they want to rv sorry I have own dinar for a few years now and been through many rumors
i always respect american masses regarding the ir support to the democracy and weak economies of the world. but in this forum i feel the approach of
americans about oil rich Iraq are orthodox.nonconformist, and imperialistic. without go to historical background of dinar they are constantly trying to create bad image of Iraqi economy which hurt dinar transaction in the world.Iadvise yankees to use brain and forecasting methods. rather than beating drums like stupid guys.
explain your forecasting methods i think we would all like to know your methods without bashing people ideas or thoughts
I will alllow these posts, but please let us find a way to stop the bleeding starting with this blog. There is a lot of raw hurt there in Iraq, no doubt. Please be nice.
If people are still willing to sell you their dinars at lower rates does that tell us something thats not been told to us ??? Logic If they thought it was going up they would keep it themselves for the profit i believe Am I Right?
People are selling because they have been holding for 5 years and need cash, and they have actually made a decent little return already.
IMHO, troops in or out, the IRAQI DINAR is a chance in a life time to make your self a better life, with the troops OUT …is just that much closer, to live your dreams. you have to invest of course.
The world around us is in a financial, political and social mess everywhere. The Dinar in the eyes or those speaking publicly for the CBI say the Dinar is stable. The people selling Dinar are still selling millions of Dinars to all who will buy them. These groups do not wish to see a RV, and they show that they are not expecting an RV anytime soon. My thought of this are that if the RV happens soon, it has to happen very soon, as in eight to ten weeks. Then we will see a very great stability in Iraq, a stability that will be possible because of the people will all be rich and Iraq as a whole will be very rich country. As to the rest of us on this planet that have purchased Dinars for our hope chest, we live in a mess that is getting worse every day, everyone is HOPEING to survive with at least some dignity. I really believe that if the RV does not happen soon, the entire country will go into a civil war and maybe even divide into three countries and our Dinars will be worthless. I think it is wishful thinking even considering an RV with the next two years. However, I will jump for joy as loud as any of you if the RV happens in the next eight weeks.
prepair the people to love each others and respect . then you can expect better results
THE SOONER WE PULL OUT AND THEY GET THEIR GOVERMENT TOGETHER R DINARS R GOING TO MOVE IN THE RIGHT DIRECTION,UP-UP & UP.
The troop pull out will be one item that has to be completed before any revaluation. The people enjoyed what we have done for them(Saddam), but they would like for us to leave their country(foreigners)
I have to agree Delk0, I don’t think an RV will occur will Iraq can stand on their own two feet regardless of the pullout being too early or not. There still are 50,000 troops there for another year or so….
not really troop pullout as promised. falls more in line with bush admin. so it is a good thing. will ultimate support iraq and rv.
I paid The $5.00 To listen to your 2 hour live WEBINAR tonight but How Do I get On Line tim35@comcast.net tim Poindexter
Tim, looks like you clicked the registration confirmation link. Thank you.
The pulling out of the U.S. combat trooops I believe is a good start to the rebuiling of Iraq by Iraqis. It will definitely take help and time but they do have to take their country back and with Iraqis themselves willing to give what it takes it can happen. As for the RV, one of the important issues regarding this happening is the seating of Parliament. Nothing can happen before then. But even after the Parliament is in place it has to be viewed as reliable, efficient and honest. The different `blocs` have to come together for the good of the people of Iraq who have suffered and are still suffering from the lack of electricity, water etc. With a stable government, working first and foremost toward restoring basic needs to its people will go a long way to restoring confidence in the government. This confidence would then translate to the `outside` and would show the world that Iraq is ready and able once again to do business. We all know about the many foreign investments waiting to `jump in`.
My view may be a bit `idealistic` and a bit too `rosy` but I truly believe that Iraq will one day be once again a stable and prosperous nation.
So Darren do we come here to get on the webcam?
No Edward, it was not a public webinar so links are sent by email, I was you made it so you got on ; )
Do we come here to watch the webcam?
Darren, do we come to this site to view the webcam?
Thanks for the posts!! In the Webinar right now : )
How do we get to the webcam Darren? Been waiting for link and passcode!
Taken care of, I saw you on the Webinar.
According to the following report from the following address:
http://www.stratfor.com/analysis/20100831_dispatch_us_drawdown_iraq_leaves_void it will be difficult for security to be fully implemented, unless I guess it is divided into ethnics states with a central Government. For example the US form of Government.
I like your observation Frank.