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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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    Financial: improved after Iraq Dinar from Chapter 7

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    • Post n°1

    Financial: improved after Iraq Dinar from Chapter 7 - Page 2 Empty Financial: improved after Iraq Dinar from Chapter 7

    Post by Rocky Fri 05 Jul 2013, 7:35 pm

    First topic message reminder :

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    05.07.2013



    International banks began trading at the first signs of Iraqi currency to exit Iraq from Chapter VII, in conjunction with the Declaration of the Iraqi Central Bank, the high volume of foreign exchange reserves in Iraq to 76 billion dollars in addition to 30 tons of gold bullion.
    And says Treasury Adviser Helal altaian "this reserve will help raise the value of the Iraqi currency, compared with foreign exchange and thus contribute to the reduction of prices of goods and commodities."
    And supports the Central Bank's currency reserves, the Iraqi currency into and out of Iraq, and increased oil imports might contribute directly to increasing the reserve and give more support to the Iraqi currency.
    Economist Mohammed Souri "the investment of surplus reserve if found to be used as a deliberate economic policy", calling on the House to enact economic and development that will provide greater support to the Iraqi currency.
    He criticized the parliamentary Financial Committee member Ahmed tracks laws and banking regulations followed in Iraq, confirmed that the House was determined to enact laws regulating banking in the future.
    The Central Bank said earlier that Iraq controlling its money and gold in the Bank also drew global banks to exit Iraq from Chapter VII would allow him greater freedom to act and attract foreign investment.
     




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    duck2000
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    • Post n°11

    Financial: improved after Iraq Dinar from Chapter 7 - Page 2 Empty Re: Financial: improved after Iraq Dinar from Chapter 7

    Post by duck2000 Sat 06 Jul 2013, 6:28 am

    How Saddam's wealth stacks up
    Estimated wealth (in billions)
    Bill Gates
    Microsoft    		[You must be registered and logged in to see this image.] $43
    Warren Buffett
    Berkshire Hathaway    		[You must be registered and logged in to see this image.] $36
    Prince Alwaleed Alsaud
    Saudi Arabia, investments    		[You must be registered and logged in to see this image.] $17.7
    Liliane Bettencourt
    L'Oreal, France    		[You must be registered and logged in to see this image.] $14.5
    Sultan Haj Hassanal Bolkiah
    Brunei, oil and gas    		[You must be registered and logged in to see this image.] $11
    Mikhail Khodorkovsky
    Russua, oil    		[You must be registered and logged in to see this image.] $8
    Li Ka-shing
    Hutchison Whampoa, Hong Kong    		[You must be registered and logged in to see this image.] $7.8
    Saddan Hussein
    Iraq, oil, cigarettes    		[You must be registered and logged in to see this image.] $2 to $10
    Sources:Forbes; Kreindler & Kreindler



     

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    • Post n°12

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    Post by duck2000 Sat 06 Jul 2013, 6:30 am

    now start to add up just these amounts i have given and you get small picture of da reserves dat have to be accounted for and returned!
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    • Post n°13

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    Post by zimi31 Sat 06 Jul 2013, 6:38 am

    Wow...that's a lot of gold!!! Duck do you think all or most has to be brought back to Iraq before we see a change in value?
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    • Post n°14

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    Post by duck2000 Sat 06 Jul 2013, 6:52 am

    It is noteworthy that some economists believe that Iraq is not ready at the present time to delete the zeros from the dinar, pointing out that the deletion needs to stabilize the security and political as well as economic stability. Was the Iraqi Central Bank confirmed, (on July 3, 2013) that Iraq is "in control of the funds and treasury of gold "in international banks, one of the acting out, denying" the existence of frozen funds outside the control of the Iraqi administration, "While revealed that the reserve bank amounted to 76 billion dollars in the month of May last year, counting out of Chapter VII that" will allow Iraq more freedom to act to attract foreign investment. "
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    • Post n°15

    Financial: improved after Iraq Dinar from Chapter 7 - Page 2 Empty Re: Financial: improved after Iraq Dinar from Chapter 7

    Post by 2020 Sat 06 Jul 2013, 7:02 am

    duck2000 wrote:now start to add up just these amounts i have given and you get small picture of da reserves dat have to be accounted for and returned!

     That's what I was looking for. I hadn't heard of or seen a reference to anything but the one 30 ton load for some time - I did remember you speaking of several truck loads at the border 3 or 4 years ago. Duck, Thanks for the math - history lesson....!
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    • Post n°16

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    Post by weslin3 Sat 06 Jul 2013, 7:06 am

    Thanks duck. Plenty of gold that Iraq controls.
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    • Post n°17

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    Post by zimi31 Sat 06 Jul 2013, 7:28 am

    duck2000 wrote:It is noteworthy that some economists believe that Iraq is not ready at the present time to delete the zeros from the dinar, pointing out that the deletion needs to stabilize the security and political as well as economic stability. Was the Iraqi Central Bank confirmed, (on July 3, 2013) that Iraq is "in control of the funds and treasury of gold "in international banks, one of the acting out, denying" the existence of frozen funds outside the control of the Iraqi administration, "While revealed that the reserve bank amounted to 76 billion dollars in the month of May last year, counting out of Chapter VII that" will allow Iraq more freedom to act to attract foreign investment. "

    I'll listen to the CBI before those economists anytime...thanks for all the documentation Duck...and thanks to all..good thread!!! ;) 
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    • Post n°18

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    Post by GorWell Sat 06 Jul 2013, 8:54 am

    Great information. Thank you Lit and Duck!
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    • Post n°19

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    Post by mochasmom Sat 06 Jul 2013, 2:08 pm

    Thanks duck for bringing this to the forefront...And confirming they have control of their gold/assets.  Great thread
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    • Post n°20

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    Post by weslin3 Sat 06 Jul 2013, 2:31 pm

    [b style="margin: 0px; padding: 0px; color: rgb(34, 34, 34); font-family: Arial, Verdana, Tahoma, sans-serif; font-size: 12px; line-height: 16px; background-color: rgb(223, 230, 239);"]Iraq is "in control of the funds and treasury of gold "in international banks[/b]


    [b style="margin: 0px; padding: 0px; color: rgb(34, 34, 34); font-family: Arial, Verdana, Tahoma, sans-serif; font-size: 12px; line-height: 16px; background-color: rgb(223, 230, 239);"]Sooooooo if they are in control, they don't have to wait for the gold to come home.[/b]
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    • Post n°21

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