DINAR INTEL - Scams & Info

Hi Everyone-

There are several scams going on out there in Dinarland that you should know about. I hope everyone knows that giving your dinars to someone to exchange them for you is one of them. Please do not fall for the “early exchange” scam, nor give your dinars to anyone to exchange them for you, nor allow anyone to make an appointment for you to exchange your dinars (that supposed appointment could be set up at a non-legitimate location in order to steal your dinars).

If you can’t exchange your dinars yourself, let me know so I can help you come up with safe ways to get it done.

Also, to be very clear: The bank codes associated with the bank packages I have written about have been negotiated free of charge. The negotiators, nor the other people involved, have not and will not receive any payment for doing so. And there will be no charge to you to make use of the bank packages offered. You will be directed to a legitimate bank to exchange and nowhere else.

There may be more than one bank package to choose from and the dinar sellers may try to compete with them to get your business, so please don’t rush to exchange your dinars until I have time to get out all this information to you, including the tax implications. The information I will have to share with you could save you thousands to millions of dollars, depending on how much dinar you hold. It also could save you more than a few headaches and keep you safer throughout the process.

Warning: If you follow the advice of dinar-related chatrooms and forums in exchanging your dinars and protecting your assets, you do so at your own risk. I am routinely horrified at the advice that is being given out and, if you act on it, I will not be able to fix your mistake. Please be careful. These people aren’t malicious; just misinformed and they truly should know better than to give out information on a subject they know nothing about.

In addition, the scammers are out there and they are looking for you! Fear/paranoia will take you down a dangerous and unhappy path but vigilance and discretion will serve you.

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UNSC resolution restored Iraq’s full sovereignty

7/10/12

BAGHDAD / IraqiNews.com: The United Nations Security Council’s resolution to bring Iraq out of Chapter VII of the UN Charter has restored Iraq’s full sovereignty over its money abroad, the chairman of the parliamentary security and defense committee said on Tuesday. “The resolution is an acknowledgement that Iraq no longer poses a threat to the security of other countries,” Hadi al-Aameri told IraqiNews.com. UN Security Council Resolution 678 was the legal authorization for the Gulf War, which was passed on 29 November 1990. It gave Iraq an opportunity to withdraw from Kuwait by 15 January 1991 and authorized UN member states in cooperation with the government of Kuwait to use “all necessary means to uphold and implement” Chapter VII of the UN Charter, which authorizes the use of force to restore peace. Chapter VII of the United Nations Charter sets forth the powers of the UN Security Council to maintain peace. It allows the council to “determine the existence of any threat to the peace, breach of the peace, or act of aggression” and to take military and non-military action to “restore international peace and security.” The United Nations Security Council on Monday unanimously voted to extend arrangements for depositing the proceeds from sales of petroleum, petroleum products and natural gas into the Development Fund for Iraq and to review all resolutions pertaining to Iraq from 1990. SS (S) 1

http://www.iraqinews.com/politics/unsc-resolution-restored-iraqs-full-sovereignty/

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The dinar revalue is required for Iraq to be fully out from under the UN’s Chapter VII sanctions. (Below is an English Translation of an Arabic news story):

Member of Finance Committee: Negotiations are continuing with Kuwait to extinguish the debt .. And remove Iraq from Chapter VII will be achieved soon
On: Wednesday 07/11/2012 12:06
Baghdad (news) .. Most likely a member of the Finance Committee MP / National Alliance / Secretary Hadi, lifting the seventh item imposed by the United Nations on Iraq soon after ongoing negotiations with Kuwait to extinguish the debt or financial reference. Said Hadi (of the Agency news) on Wednesday: There are committees of the problem by both Iraq and Kuwait on how to pay financial debts owed to Kuwait and turn off each other, adding that negotiations are ongoing and continuous for the purpose of raising Iraq from Chapter VII imposed on it by the United Nations since the Nineties the past. He added that these negotiations will come to raise the positive results of Chapter VII and soon, possibly within this year. And give Iraq the membership of World Trade, said that Iraq's entry into the WTO is not subject to the lifting of Chapter VII, but there are some powerful countries in the Organization required the lifting of all UN resolutions imposed on Iraq to be granted membership of the organization. He pointed to: that Iraq does not need this organization unless it has a robust economy, backed by the sectors of great economic Kalsnaaah and agricultural because the local product is unable to products imported from large countries that have membership in the organization, as well as they need political stability and security in the country Because the Iraqi border will be open for States to supply their goods to Iraq. And established the World Trade Organization in 1995, and is one of the smallest organizations the world lived, and is the successor to the General Agreement on Tariffs and Trade (GATT), which was established after World War II, and its primary objective is to help the flow and trade flow smoothly and freely. Include the World Trade Organization (WTO) more than (140) members representing more than (90%) of world trade. The previous system was ordered to invade Kuwait in 1990, the impact of sanctions imposed on Iraq from the international community and put under Chapter VII, which makes him the country threatens international peace and security. Included international sanctions prevented the import of chemicals and nuclear technology that could be used in the programs of secret nuclear, chemical and biological weapons. Has allowed the United Nations in 1995 for Iraq to sell oil in return for food, called the program (Oil for Food) No. (986). / Finished / 8. D. Q /

http://translate.google.com/translate?hl=en&rurl=translate.google.com.pk&sl=ar&tl=en&twu=1&u=http://www.ikhnews.com/news_view_48315.html
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Some interesting history and opinion on the IQD revaluation:

7-13-2012 SWFloridaGuy:
It's no secret that the IQD's current rate was government imposed and is grossly undervalued but that doesn't mean we should down-play the significance of what we believe they are trying to accomplish.

To put things in perspective; for Iraq to revalue to even a fraction of what we expect (on par with USD/100,000% appreciation) would make this currency reform project a singularity and considered an extremely ambitious economic phenomenon even to Heterodox economists who take "power" and the global elite more into consideration.

My goal in writing this post is to credit this historic opportunity with the respect it deserves rather than simplify it with baseless rumors, misinformation and contemptible hype.

I will continue to promulgate the theory that the Iraqi dinar will revalue, while also recognizing the challenges it presents.

So, let's look at some historical FACTS: Countries must choose between capital mobility, monetary policy autonomy and exchange-rate stability. Nominal appreciation must lead to sustained real appreciation.

The definition of a "large exchange rate event" comprises a 10% (or larger) appreciation of the nominal effective exchange rate over a two-year window (or less), leading to sustained real effective appreciation.

In the past 52 years there have been 25 episodes of large nominal real appreciations and revaluations. There were 14 cases of "appreciation shocks" that occurred not as a result of discretionary policy action, but were linked to the appreciation of the anchor currency under pegged exchange rates.

There are a few examples that I've found to be duplicates so I won't name them all but here are a few contributing factors (with corresponding countries & percentages) to these appreciations throughout history: 
Being pegged to a basket of currencies with a large U.S. dollar weight when the USD strengthens (Algeria 17.2%).

The depreciation of the USD when a currency is pegged to the GBP (Australia 10.2%).
When a country's exchange rate is stabilized against another whose appreciation triggers it (Malaysia 20%).

Appreciation on a trade-weighted basis as a consequence of the appreciation of the anchor currency (French Franc) against the USD (Cameroon 11.8% & Ivory Coast 27%).

Appreciation as a function of strength of the main anchor currency (Singapore 12%).

European currencies appreciate against the USD (Spain 13.4%).

Revalued under the Bretton Woods system (Germany 10.7%).

Multiple revaluations after the demise of a monetary system (Switzerland 10.2 & 22.4%).

Central Bank manages the appreciation (Japan 14.7%).

Exchange rate regime was changed towards a more market determined rate (Taiwan 13.9%).

Central Bank revalues the central parity of the currency (Chile 29.8% & Colombia 11.2%).

New exchange rate framework with a crawling band and Central Bank interventions (Czech Republic 11.2%).

As you can see there are many different mechanisms that lead country's currency to appreciate and all would pale in comparison (both numerically and strategically) to what we believe is on the horizon for the Iraqi dinar.

We believe the goal for the IQD is to increase purchasing power, maintain long-term stability and to be a globally traded currency. Although after decades of war there is still much work to be done, the CBI, Finance Committee and IMF have worked to improve the fiscal and political outlook by collaborating with Iraqi Parliament, financial experts along with their international counterparts.

The value in the IQD is still there. Just two days ago Bloomberg reported that Iraq’s crude production overtook Iran's for the first time in more than two decades. Last month alone Iraq pumped 2.984 million barrels a day, outpacing Iran’s 2.963 million. 

Now just as they didn't get to their current value alone, I also don't believe they can recover alone. I believe this is all part of a well-orchestrated plan and while the IQD will not be the world's savior by any means, it does present a unique opportunity for the Central Banks to rebalance the system and use this currency as an adjustment tool or stimulus during this global financial crisis.

In this respect, a significant revaluation somewhere on par with the USD gains a bit more tenability. If all the reports out of the CBI lately are true, one way or another Iraq will be added to the history books in 2012 and my research has led me to believe that it will be a VERY "large exchange rate event."  

This is just my opinion, which may or may not be correct.

http://www.dinarrecaps.com/1/post/2012/07/swfloridaguy-historical-facts-post-from-dinar-detectives.html

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The link below goes to a 45 minute documentary about money, credit, power and control that is very instructive and very worth your time. When I say, “Things are not what they appear to be,” this scenario is what I am referring to. You (in the US) may label yourself as Republican, Democratic or Independent. (Other countries have their own similar political parties.) Consider the possibility that we (all over the world) are being manipulated by both alternative and traditional media to take sides and focus our attention on attacking the other side. This is very effectively distracting us from the real issue and the real solution.

In a future update I will be outlining a vision of what can be done to correct the system that has our planet bound and gagged. This is a vision shared by many on the planet.

In the meantime, I am encouraging you to observe your thoughts. Have you been sucked into the blame game? Do you spend some of your time passing on “evidence” that someone is evil and destructive? Do you feel justified in doing this to help others “wake up?” Consider the possibility that you are simply doing the bidding of the forces which have the agenda of controlling the planet for their own self-serving needs. These forces are way beyond political parties. You are doing just what they want you to do. You are feeding their agenda perfectly.

There is another way. You could pray for those you feel are making unwise choices. You could align your thoughts and prayers with the constructive forces instead of the destructive forces. You could refuse to play the game on their terms and contribute to taking the power back. You could be part of the solution instead of part of the problem.

This documentary goes much farther than the description about it that I have included below:

I Want The Earth (plus 5%)

The sole purpose of this story is to explain the simple maths of reality and the current Banking System – that is – 100 plus NOTHING does NOT equal 105 – and that charging interest on something that is created out of nothing, makes it impossible to repay, giving great power to those who do create money out of nothing – i.e., the Banks. This story was written by Larry Hannigan in 1971 and uses a fictional character (Fabian) in the narrative.

http://topdocumentaryfilms.com/i-want-the-earth-plus-5/