Archive for February, 2011

Positive Iraqi Protests

Saturday, February 26th, 2011

With revolutions and uprisings sweeping through the Middle East, it is only natural that Iraq has been influenced. Protests have broken out as Iraqi citizens are demanding better services, namely electricity and more jobs. While some protests have seen violence, it is no where near the civil unrest in countries like Egypt and Libya. The biggest difference is that Iraqi citizens are calling for reform, not revolution. Iraqis do not want to overthrow the government. Iraqi citizens themselves elected these politicians. Rather, the Iraqi people want to see the government do their job and fulfill their promises. This is a good sign, these are good protests, it shows that democracy is ruling Iraq and puts pressure on the Iraqi government to provide for its people.

While violent protests are unhealthy, protests rooted from frustrations that unify people are healthy. Iraqi citizens want change – change in the way their government provides for its people. Prime Minister Maliki must act with a sense of urgency and communicate to his citizens that Iraq is doing all that it can, but also that it will take time for reform to take shape. He must do so in a way that restores the confidence in his government and he must take concrete steps in showing that he is taking these protests seriously. Already, Maliki has cut his pay in half and has allocated more money for food rations. The Iraqi government is listening and they are willing to act, but they must do more and make a push to fulfill big promises like providing reliable electricity.

These Iraqi protests could lead to beneficial outcomes. The world has already seen what a unified people can do. It is very powerful and governments must realize that elected officials are the ones that serve – citizens do not serve the government. If Iraq can take this to heart, bigger and better changes will occur and Iraq will move forward as a country. For Iraq and the dinar to move forward, both the citizens and governments must work together. Iraqi citizens must also realize that the government cannot do everything. The citizens have responsibilities as they themselves must be productive and do their part in maintaining a stable environment. The government must produce an environment in order for this to happen and the citizens must keep the government accountable.

There is a lot of good that can come from these protests. Iraq could become more unified, a better relationship between the citizens and the government could form and as a result, Iraq would be a more stable and secure country, restoring the confidence of the international community.

Guest post by Daniel Carlson, a dinar specialist at Dinar Profits

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DrDinar Dinar Blog Information

Thursday, February 24th, 2011

Now that we are in 2011 you will notice more detailed information in our blog here regarding processes and procedures for your Iraq investing experience.

DrDinar email support is currently closed to new members until further notice to take care of current members. So, this blog is your chance to ask questions using the comments section. I cannot guarantee I will be able to answer your questions especially if they are too personal and long.

You may have 1 on 1 phone support which is still available at a premium fee because I like to keep my calls at a minimum.

Daniel from Dinar Profits had a great response from his article last sunday, you can see it posted before this post. I am very busy but plan on getting Daniel an editors access to this blog in near future so that he may post once a week whenever he wants too as a freelance writer for our blog.

I will continue creating posts once a week for our mid week Dinar investing discussion, like this one ; )

Enjoy your Iraq investing experience and look forward to your comments.

Darren Chabluk
Admin
DrDinar Blog

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The Effect of Iraq’s Oil Trade on Politics and the Dinar

Sunday, February 20th, 2011

The Effect of Iraq’s Oil Trade on Politics and the Dinar

Iraq has done a great job of setting up their oil trade. They auctioned off more than a dozen foreign oil contracts and are looking to conduct another auction in the last quarter of 2011. In addition, Iraq has over 143 billion barrels of proven oil reserves. Iraq is finally in a position to reap in oil profits. Iraq stands to greatly benefit economically from the rising prices of oil and the flood of foreign investment in oil infrastructure. However, just as importantly, Iraq’s oil trade is an opportunity for Iraqi politics to shine and benefit the dinar.

Iraq is going to be a major global player. There’s no doubt about that. However, there are still some concerns as to the security and stability in Iraq – questions that loom over Iraqi politics. Will Iraq be able to provide a peaceful climate to attract foreign investors? Will Iraq be able to secure foreign investments? Will Iraq be able to attract more foreign investments? These are all questions that the current government is in a position to answer. Prime Minister Maliki and his cabinet must relish this opportunity and the best way to respond to these questions is how Iraq handles its oil trade.

With the international spotlight on Iraq, if Iraq can smoothly navigate through its oil contracts and fulfill its responsibilities, it will be a huge win. Iraq’s government will regain the confidence of the international community. Iraq will be able to show the world that it is a place where mutually beneficial global trade can happen. More trade means more relationships. More relationships extend into politics and it is essential for Iraq to strengthen all of its political relationships. This is another key for the Iraqi dinar as well.

Like any currency, the strength of the dinar is tied to the strength of the country. Stability, security and growth are all key factors for the dinar’s value. Iraq’s growth is unquestioned, but it must still prove that Iraq will become and stable and secure country where both its citizens and foreign investors can flourish. A consistent and secure oil trade will prove just that.

Iraq’s oil trade will enable the dinar to become a widely traded currency. As more and more foreign countries buy oil from Iraq, more and more dinars will be in demand. For instance, if a British company wants to purchase oil from Iraq, it must buy dinars with pounds to pay Iraq. As the oil trade ramps up, so will the frequency of dinars being exchanged. Hopefully, soon after, the dinar will be listed as a currency pair to be traded in the open market so that market forces can determine the true value of the dinar.

Iraq must protect its oil trade. It affects everything.

Guest post by: Daniel Carlson of Dinar Profits

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Iraq Stock Exchange Updated Stock Contact List by DrDinar Now Available

Thursday, February 17th, 2011

You may thank Mr. Edward Bailey our Texan ‘DrDinar’ Elite Pro member in good standing for making the following ‘Elite Pro Research Request’, I am making it available to you on our blog. You are reading one of the most popular dinar blogs on the Internet. Edward, here is a partial list of the major players in the Iraq Stock Exchange (ISX) and their respective contact information. My Research technician in the Philippines first name Reo, is preparing the document right now.

It will be posted here in about a day, probably Friday sometime, can’t say when exactly, maybe earlier…..

Iraq Stock Exchange List of Iraqi businesses and contact info for setting up Iraq Stocks using Warka Bank.

List: DrDinar’s 2011 Iraq Stock Market Picks

Consulting is available only over the phone for $250 1 hour or 1 call whichever comes first to talk directly with Darren Chabluk (recording included of the call) to discuss the do’s and don’t’s of dealing with Iraqi business. Call 1-866-517-0476 and repeat your full international phone number to book an appointment with Darren Chabluk. There is a 5 business day waiting list for a 1 on 1 call. Expedited service is available for twice the hourly rate, 24 hour response by Darren Chabluk, Founder of DrDinar.com

Sorry, I am not taking on any new email support clients currently, this exclusive membership is currently closed to take care of existing DrDinar clients in good standing.

Yours,
DrDinar Admin Team

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Surefire Iraq Stock Exchange Excitement

Tuesday, February 8th, 2011

Considering that Iraq has just suffered political and economic meltdown, the Iraq Stock Exchange (ISX) has survived. You might ask, how could a stock exchange in a seemingly violent and unstable country possess any kind of hope of becoming profitable?

Well to begin with, the mere fact that the country’s Stock Exchange is already operating is a good indication that Iraq is on the roll to economic recovery. Also, while you may still find a number of issues in Iraq, infrequent violence around Middle East is practically nothing new and is in fact continuing today.

Also, although you may still find a number of problems and issues in Iraq, sporadic violence around Middle East is practically nothing new and is in reality continuing today. Israel and Saudi Arabia, for instance, still is afflicted with external and internal problems and yet their economic climate is excellent. Regrettably, violence, regardless of whether attributed to terrorist attacks, political struggles, or territorial disputes, is likely to carry on within the
foreseeable future of the Middle East.

The Iraq Stock Exchange commenced operations in 2004, replacing the defunct Baghdad Stock
Exchange. It functions under the Iraq Securities Commission, a self-governing commission patterned after the United States Securities and Exchange Commission.

By 2005, the ISX is the country’s one and only stock exchange. It lists well over a hundred companies, and is maintaining growth aggressively. Return of shares was somewhere around five million US dollars for each and every trading period.

Considered as the cradle of civilization, Iraq is currently within the ceiling to recuperation sustaining quite a few setbacks, way back the 1980s up to the consequences associated with the toppling of a tyrant regime. Helped by a coalition of nations and the power that be, the Iraqi government has initiated significant improvements in the political and economic conditions.

Many businesses that were operating in the 60’s continue to be in business at present and still earning profits. At this time, life in Iraq is back to normal. As a matter fact, business owners are quite busy now. Nowadays, you will see dining establishments and coffee houses serve customers even up to the late evenings. Things have definitely changed in the violent Iraq we were accustomed to seeing on television. And these things are pointing on one thing – that the Iraqi Stock Exchange is very promising.

To this day, the Iraqi government has enacted a law which allows for foreign investment. It means that any average Joe can now invest in the ISX through a broker. For now, the only brokers or agents allowed to exchange are Iraqi Stock Brokers, of which you will have no trouble finding as there are many of them in the open.

The acquisition of shares range between 0.5 to over 40 Iraqi Dinar (IQD) – with the great majority presently buying and selling at somewhere around 1.5 to 2.5 IQD. With $1 US dollar = 1,170 IQD, a share of stock options trading at 1.17 IQD is equal to just one cent.

With the expected rise of the Iraqi dinar, mainly because of its vast oil and natural gas reserves – as well as the serious backing of developed countries such as the US, investing in Iraqi Stock Exchange could be your dreamed ticket to fortune, your few hundreds of dollars worth of stock today could return to you in tens, hundreds, or a thousand-fold.

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Oil Rich Iraqi Dinar 2011

Wednesday, February 2nd, 2011

Oil Rich Iraqi Dinar 2011

Some say opportunity knocks only once, other say it knocks all the time. But whatever suits you best, you have got to be ready when it comes. Many people became rich not because of mere chance but because of what they did when the chance came at their very footsteps. While the aftermath of any war is undoubtedly woeful, it could also be a source of wealth for many. In particular, it could create an amazing money-making opportunity.

A lot of our older generation folks missed out on becoming millionaires when they did not purchase Deutsche Marks when World War II caused the currency to plunge in value. Many people missed the opportunity to become millionaires when they did not purchase the Russian Ruble following the Cold War. And in the 90s a lot of people missed out the chance to become millionaires when they did not purchase Dinar in Kuwait at the time of Operation Desert Storm when it hit rock bottom.

Thank heavens, another opportunity to get rich is within our midst now. Yes you got it right; there is actually a great chance that you could become a millionaire in a nick of time by buying currencies at its low rate and waiting for it to revaluate.

It is widely assumed that the very same history of the Deutche Mark, Russian Ruble, and Kuwaiti Dinar will repeat itself in the mold of the Iraqi Dinar. Under Presidential Order 13303, US Citizens are now allowed to invest in the New Iraqi Dinar – extending the same rights to investment as that of an Iraqi citizen. Other investment alternatives such as Stocks, Currency, Bonds, Business and Real Estate in Iraq are also made possible under this order.

While a lot of people have pessimistic views on the future of Iraq, there are many things that you might want to know about the country and its potential for a phenomenal economic turn-around. In the following paragraphs, I will explain why investing in the new Iraqi Dinar proves to be an opportunity that you wouldn’t want to miss, not in your whole lifetime.

Iraq is a tremendously wealthy nation considering its vast oil resources and potential Gross Domestic Product. It is argued that Iraq has the second largest oil natural gas reserves in the world, second only to Saudi Arabia. Its oil is among the world’s undemanding oil to drill and refine making cost production relatively low compared to other oil producers. This implies that the profit margins on their oil production are among the highest in the world.

Despite the damage suffered from a ruthless regime of Saddam Hussein and troubled history of conflicts and violence, Iraq is on the threshold to full recovery and economic stability. The involvement of the United States and other allies is a strong indication that Iraq will not be left to decay into a state of instability. No Western or Middle Eastern nation is going to watch on the sideline while Iraqi’s vast oil deposits and riches succumb lamentably under the control of a rouge country or mutiny.

Because Iraq is a strategic country in the Middle East with incredible potential wealth, it is in the best interest of goodwill nations, as well as in the best interest of the entire world for Iraq to be successful economically and politically. Wise leaders of our world understand that stability and enhanced productivity can curb the occurrence of insurgencies. And to achieve that, the quality of life of Iraqis must be ensured.

Iraqi people are a proud race and would want nothing less than to return to being a major player in the Middle East. And with the current positive developments, everything seems to be pointing towards a healthier, more vibrant economy. It is still too early to draw conclusions about Iraq’s rise to economic freedom. However, many experts would tell you that within the next few months, maybe a year or two, the change would be inevitable.

The history of the oil-rich Iraqi displays strong potential for growth. At one time, the Iraq’s currency was worth over 3000 times what it is currently worth today ($3.2 = 1 Iraqi Dinar). If the Iraq money were to reach a value equivalent to its historical rate of $3.20 US dollars per Iraqi Dinar, the value of an approximate $1000 US dollar of Iraq currencyinvestment for 1 million Iraq money would be worth $3,200,000 US Dollars. Let’s just say the value of the Iraq currency will increase only to that of the lowest valued currency in the mainstream Middle East (or $0.26 = 1 Iraqi Dinar), that would still mean that your $1,000 would be worth $260,000. Either way, it is a big win-win situation for investors like you!

To support this theory, the currency has steadily increased in value since the 2003 invasion. This is an indication that Iraq is well on its way to a recovering economy as well as an increase in exchange its rich natural resources.

Another compelling reason surrounding the value increase of this currency is the current spending of the United States Government in the rebuilding efforts of Iraq. It seems to suggest that the US is expecting a substantial boon in the near future that will cover government spending and debts.

It is quite safe to speculate that the risk for the Iraq money to decrease in value is very minimal. As a matter of fact, history and logic would tell us that it will be the other way around. Investing would be worth investigating.

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Written by Reo Torregosa for http://DrDinar.com/blog
This article may be resprinted online or offline as long
as this box remains and hyperlinked online.
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