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11-22-2014 Intel/Newshound Guru Backdoc YESTERDAY THE GOI TOLD ALL STATE DEPARTMENTS TO BEGIN EXCLUSIVELY USING THE DINAR OVER THE DOLLAR FOR ALL FINANCIAL TRANSACTIONS. EVEN THE AIRPORT WAS INFORMED TO DO THE SAME. BUSINESSES WERE ALSO INVITED TO DO THE SAME. THAT WORKS FINE FOR DIGITAL BUT NOT SO WELL OUTSIDE THAT ARENA! WHAT THIS WILL DO IS BEGIN MAKING A MARKET FOR THEIR NUMBER 1 PRODUCT, THEIR CURRENCY!! BINGO! THEY ALSO STATED THIS WEEK THAT THEIR CURRENCY IS UNDERVALUED...I LIKE THE RECIPE THIS IS MAKING! CREATING DEMAND FOR A CURRENCY IN HOUSE FIRST, TELLING US THEIR NUMBER 1 PRODUCT IS UNDERVALUED AND AND THE OIL AND GAS LAW LOOKING TO HAVE THE WRAPS PUT ON! JUST TO PUT A CHERRY ON TOP...WE SAW SOME SERIOUS CURRENCY FLUCTUATION YESTERDAY! JUST TESTING? OR THE BEGINNING OF SOMETHING MORE TO COME? [post 2 of 2]
11-22-2014 Intel/Newshound Guru Backdoc TUESDAY WE SAW IRAQ RECEIVE A LOAN FROM THE IMF, WED. THAT MONEY WORKED ITS WAY INTO THE BIG STATE BANKS FOR REFORM AND ON THURS. WE SAW THE KURDS WERE PAID 500 MILLION DOLLARS FOR SALARIES. THIS WAS AN UNPRECEDENTED AGREEMENT BY THE GOVT. AND THE KURDS ON THE OIL AND GAS LAW. THIS AGREEMENT HAS LEAD TO FURTHER PROGRESS OVER THE WEEK LEADING TO A SIGNED WORKING AGREEMENT ON COMPLETING THE NEW HCL LAW. THE HCL LAW, FEDERAL COURT AND PARTIES LAW, AND AMNESTY LAW LOOK TO BE PASSED ALL AT ONE TIME. THE PREPARATION FOR THOSE LAWS ARE AND HAVE BEEN UNDERWAY NOW FOR SOME TIME NOW, MOST NOTABLY THE HCL. ON TUES. WE SEE PARLIAMENT BACK IN SESSION TO POTENTIALLY REVISIT THE PASSAGE OF THESE IMPORTANT LAWS! [post 1 of 2....stay tuned]
11-22-2014 Intel Guru Mnt Goat Can the USA continue to hold it up? I believe that they can as long as they can convince the UN they have reasonable cause to do so. There is however, a backdoor plan that is being considered to circumvent the USA for any further “unreasonable” delays. They have been warned. They know there will be severe penalties should the UN have to take this action. Everything is on our favor to see this RV very, very soon. I believe we are in a rare opportunity and window like never before. In the coming days we should expect the RV. [post 3 of 3]
11-22-2014 Intel Guru Mnt Goat Today Iraq has once again told us what their priorities are. Parliament returns four important laws to the Council of Ministers for approval. Besides the first priority of the general budget law for 2015, these four laws are as follows: 1.Oil and Gas (HCL) 2.Federal Court – (law of Accountability and Justice) 3.Parties (define and limit parties in Iraq for next election process in 2018) 4.General Amnesty Law. ...these are all critical to Iraq and each one is expected to be completed and FULLY implemented by the end of 2014, if not sooner. So now we once again peel our ears for news and watch the news media for articles on the implementation of laws in these four areas. This will give us hints as to just how close we really are in this RV process. I have to say it is a matter of days if not hours. [post 2 of 3....stay tuned]
11-22-2014 Intel Guru Mnt Goat I believe Iraqi is literally on the verge of bringing back their currency online to a global status. When we say “revaluation” what it really means is to say that for the country of Iraq to once again have a globally recognized currency (hopefully at a higher rate). I...believe we are in a sweet spot right now to literally see this RV in the coming days ahead. This is by far the best place I have ever seen this investment in the 10 years I have been following it. Last week we once again we heard about the finance committee of parliament telling the CBI to move forward with the project or come to the parliament and justify the holdup. I believe there is no holdup since my CBI contact has told me they are now moving forward with full implementation of this project once again. [post 1 of 3....stay tuned]
11-22-2014 Newshound Guru My Ladies THE SUMMIT ENDS TOMORROW THE 22ND WITH A SPECIAL CLOSING ADDRESS FROM JOE BIDEN WHO HAPPENED TO BE IN TURKEY FOR MEETINGS WITH THE TURKISH PRIME MINISTER TONIGHT FRIDAY. I THINK WE SHOULD BE SEEING THE FINAL WRAP UP OF THIS OIL AND GAS LAW SOONER THAN LATER. AT THIS POINT THERE IS NO WHERE ELSE TO GO, IRAQ NEEDS AN INTERNATIONAL REALITY RATE AND THEY OF SORT OF NEED IT NOW IF YOU REALLY READ AND LOOK INTO WHO IS INVOLVED AND WHAT’S GETTING DONE. CONNECT ALL THE DOTS FOLKS AND IT WILL LEAD YOU INTERNATIONAL. [post 2 of 2]
11-22-2014 Newshound Guru My Ladies ...THE ATLANTIC COUNCIL ENERGY AND ECONOMIC SUMMIT...WAS HELD IN ISTANBUL THESE LAST FEW DAYS. FOR THE FIRST TIME EVER THE OIL MINISTER OF BAGHDAD AND THE OIL MINISTER OF KURDISTAN SAT DOWN TOGETHER AT THE ...SUMMIT TOGETHER IN INSTNBUL TURKEY ON THURDAY AND WERE ABLE TO GET ALONG AND PLAY NICE. NOW WHY WOULD THEY BOTH THERE. NEVER BEFORE HAVE THEY BEEN INVITED TO ATTEND. [post 1 of 2....stay tuned]
11-22-2014 Intel Guru TNT Tony This is their hurry-up-do-it-now plan, to bring us through and then cut it off until the new year. I don’t know their justification for that. I hope everyone understands the process. It could be a great weekend and a great Monday and hopefully by Tuesday we’ll all be lined up at a bank somewhere. I want everyone to understand what we have been hearing, that after we exchange it may be stopped for the holidays and restart at the beginning of January. [post 3 of 3]
11-22-2014 Intel Guru TNT Tony The plan includes a designated time for this get started between now and Monday (including Monday, because that is the final window option). No matter when it starts, they want to run everyone through by Thanksgiving, which is Thursday! I’ve told you that the international rate might go up, but in this scenario, that might not happen. They actually don’t want to put it on Forex until January (by preference), so they may be taking that option away from you. The biggest thing we are hearing in Iraq is that by 1st December those three zeros will be dropped off their currency. [post 2 of 3....stay tuned]
11-22-2014 Intel Guru TNT Tony [via Adept1] There are public statements about this being done by Thanksgiving. Our guys said between the 20th and the 25th, because that is when they get paid in Iraq, and they want to have the true rate when they load the cards. If this goes between now and Monday, we’re going to go in ...and they will push it as much as possible before Thanksgiving. From December 1, the currency exchange will be cut off until January 1...they will cut off exchanges during December. We don’t know because it’s the holidays, banking fraud or what, but that is what we hear the plan is, so far. This is what’s being circulated... [post 1 of 3....stay tuned]
11-22-2014 Intel Guru DC We understand the UST is ready, the banks have been briefed, the command centers are ready, and everyone is ready to go on. Timelines and windows for non-Iraqi citizens (i.e., US citizens, etc.) are these: they still plan to have Dinarland, the people who are really paying attention, to be done by Thanksgiving. That is fast but reassuring. The general public will then start after Thanksgiving. [post 3 of 3]
11-22-2014 Intel Guru DC [ Who is going to pull the trigger and how an options do they have?] With all the checks that have been run at the finance ministry, security, IMF+BIS, CBI and all the rest, they agreed several days ago that it is up to Iraq, and ...they are set up to go. The CBI will do it, it will propagate through ISX and to the other banks. Then they will adjust the CBI.IQ site in Iraq and Houston. After that, Abadi and others will announce it after the fact. There are four feasible windows. [The first window was this morning (Friday), and it didn’t go.] When everyone was ready yesterday [Thursday] afternoon, the US said, “We fully support it, but you’d better not do Option A”. Otherwise, they are playing ball nicely. There was productive lobbying for options B, C and DC, by US and European politicians. There are two windows this weekend and one early next week...those timelines are already agreed to...They are staying firm and that is a wonderful thing. [post 2 of 3....stay tuned]
11-22-2014 Intel Guru DC [via Adept1] Iraq is extremely prepared, have run through all their checklists. They are absolutely prepared and notified everyone, and everyone agrees including the USA. In Parliament, the Budgets have been done and they will announce the adjustments to Erbil, HCL and the Kurds. The amnesty law has been completed and is now ready [They are announcing the amnesty law today (Friday), right?] Yes. It’s not vital for the RV, but it does help keep people calm. On Iraqi television and in the mosques, they are announcing this will happen any time...They have been doing things in the news of how ready they are for this. [post 1 of 3....stay tuned]
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11-21-2014 Newshound Guru Kaperoni Article: "Najafi: the coming days will witness the meeting of the three presidencies" Quote: "As confirmed by Vice President Osama Najafi Haider al-Abadi was confident the government and support towards achieving what is required of them, called the head of the Islamic Supreme Council of Iraq Ammar al-Hakim to create a road map and a set of baskets for legislation required laws." Looks like they plan to do these laws in baskets which is a great news!
11-21-2014 Newshound Guru Millionday THEY HAVE SIGNED A TEMPORARY AGREEMENT CLEARING THE WAY FOR THE HCL -- WHOOOPOW...THEY HAVE SIGNED -- I SAID SIGNED AN AGREEMENT FOR THE OIL BETWEEN IRAQ AND KURDS -- TEMPORARY WOULD BE TO USE TEMPORARY --- SO THE PERMANENT ISSUES WILL BE RESOLVED... BUT USABLE AGREEMENT THEY HAVE.
11-21-2014 Intel Guru Frank26 I strongly believe the RATE can appear at any futuristic proximal nano second that is next in the progression of realistic time and space. My TEAMS and I are looking for something we are calling an EVENT HORIZON. We believe the EVENT has been shown. The evidence of it is The HCL. We believe once this HORIZON is fully visible ...All hell will break loose...
11-21-2104 Newshound Guru Breitling ...So what's going on? Through authority…the people who set this up said they undervalued it. Through authority the CBI, The Minister of Finance and the Minister of Planning said it was undervalued and that the minimum goal was a buck…Have they gotten there yet? No. But the elements that they need in place is what they are doing now…that is how we know they are moving forward. So they still are not at their market rate. That's why people are speculation on the dinar. [Post 2 of 2]
11-21-2014 Newshound Guru Adam Montana [I...read...that Parliament is now off until Tuesday, 11/25! They will only work until the end of this month and take next month off as usual. So, if things DON'T get done by the end of November, is the RV going to be February or March of next year?] I wouldn't put too much stock in the dates you read - just because they are "off" doesn't mean they aren't still working and won't put together the deals that need to be put together. You have to realize that Iraq IS a corrupt country, and backroom deals are ESSENTIAL to progress in that culture.
11-21-2014 Newshound Guru My Ladies Article: Kurdish parliamentarian confirms the participation of Kurdistan in the preparation of the draft oil and gas law. WELL NOW WE'RE COOKING WITH GAS ...LITERALLY...YOU SEE MONEY WILL ANSWER TO MONEY..EVERYTHING ELSE IS JUST NOISE...OH THEY'RE OPTIMISTIC ALRIGHT! WHAT WE JUST READ HERE IS BIG BIG BIG..AND BETWEEN THE LINES THEY WERE JUST TOLD TO GET IT DONE BY SOME VERY BIG MONEY MAKERS.
11-21-2014 Newshound Guru tlm724 Article: "Re four important laws to the Council of Ministers for approval" after the budget they will concentrate on the following laws: the oil and gas law and the Federal Court and the parties and amnesty. Next session is on the 25th
11-21-2014 Newshound Guru Breitling We have authority, saying that, the CBI, the Ministry of Planning, the Ministry of Finance saying we want to get the value of the dinar to a buck. They even go through the process. They talk about the two currencies co-existing together… they would never reduce the note supply like they're doing, they'd simply retire the notes. They wouldn't need to do anything. So it's going to revalue. Because they said so. They reduced the note count so that's how we know they are taking action to do it. [Post 1 of 2 stay tuned for the rest of Brietlings thoughts on why he feels the dinar value will increase]
11-21-2014 Intel/Newshound Guru Poppy3 i think the next 24 hours and then beginning monday morning for 48 more hours will really shed some light on our status pertaining to our rate increase timing. [The month of November sure seems to be bringing Christmas early?] very very possible. NOT sure how probable but for sure very possible.
11-21-2014 Newshound Guru tlm724 Article: "Shammari calls for the adoption of the state departments of the local currency rather than in US" calling all state depts to use the dinar instead of the US dollar...the global economic situation makes it imperative for everyone and the advancement of national vigor and the Iraqi economy...using it will enhance the economy no doubt...the more demand for the dinar the higher the value! It's so awesome to see this push.
11-21-2014 Newshound Guru Adam Montana [We have been watching Iraq for the past several years go through the motions of forming laws and remaking their country. Doesn't it seem like they are reinventing the wheel?] The country was plunged into poverty and chaos a little over a decade ago. Today, they are moving forward with solid plans and excellent progress. Maybe they are "reinventing the wheel", but I believe they are doing exactly what they need to do to regain their former strength and status.
11-21-2014 Intel Guru TerryK THIS BLESSING IS DAHM CLOSE. I'M HEARING THEY ARE LOADING CARDS YESTERDAY AND TODAY WHAT I'M GETTING IS THAT THEY ARE FAST TRACKING THIS NOW AND TESTING THE SYSTEM AGAIN. WHY WOULD THEY TEST A SYSTEM UNLESS THEY MEAN TO TURN IT ON? NO RATES YET.
11-21-2014 Newshound Guru Aggiedad77 People should be happy outside of Iraq...because the people inside of Iraq are very happy. The government is the real deal. Their PM is an honest man looking for ways to improve life for all Iraqis...in a corrupt-free environment. He proves that he can take action if he is crossed. The GOI is cooperative…The Parliament is cooperative. The many committees that have been formed work together. We don't know the date or the rate.....but who cares. Be excited for all that you see is happening...
11-21-2014 Intel Guru DC [Are we going to have the Best Thanksgiving ever?] IT IS FULLY PLANNED ACROSS THE WORLD FOR BEFORE BLACK FRIDAY, WE HAVE HAD OTHER DATES PROMISED, BUT THINGS LOOK SO DARN GOOD...I THINK XMAS SHOPPING WILL BE VERY FUN FOR EVERYONE. ALL MY FOLKS POINT TO VERY VERY CLOSE...THINGS LOOK REALLY GOOD AND AS LONG AS IT STAYS LIKE THIS, WE ARE GOLDEN...BOTTOM LINE, WE ARE STILL VERY GOOD TO GO. [post 2 of 2]
11-21-2014 Intel Guru DC ALL IS STILL ON TRACK...WE STILL HAVE 3.58 DINAR. IT APPEARS WE ARE ALL BACK TO ONE BASKET...ALL IN THE SAME BASKET NOW, COULD CHANGE BUT RIGHT NOW ALL SHOWING. THE REST OF THE WORLD HAS BEEN KINDA WAITING ON US, VIPS IN MANY COUNTRIES HAVE BEEN GOING FOR A WHILE, BUT WE ARE NEXT. IRAQ HAS THE TIMING BALL NOW, US PROMISES TO WORK WITH THEM, AS OF A FEW HOURS AGO STILL THE SAME. THE CBI WILL PUSH IT OUT, THEN ANNOUNCEMENTS WILL BE MADE AFTER THE FACT. [post 1 of 2....stay tuned]
11-20-2014 Intel/Newshound Guru tman23 If you are offered an exchange rate of $1.13 per IQD or even 86 cents per IQD...Well I'm all in!!! No waiting for a float to a better rate...And the "phrase" passed around...the second mouse gets the cheese...I counter with...the early bird gets the worm.
11-20-2014 Intel Gurus TNT Tony & DC [via Already Blessed] EVERYTHING LOOKS GREAT...IT IS THE WEEKEND...
11-20-2014 Intel/Newshound Guru tman23 LISTEN CAREFULLY!!! CONFIRMED THE PEOPLE'S SALARIES IN MOSUL AND NINEVEH PROVIDENCE HAVE BEEN RELEASED... [and/or LD's are out?] Dont even want to guess at it...just know that those in the Kurd region and Nineveh Providence which is Sunni are being paid...Note that each gov't entity releases salaries...the retirement is being paid for the 8th month...social security/welfare benefits are not paid yet...civil servant salaries are released...And some say they need to travel to Baghdad but those with smart cards can collect anywhere...as for today...Iraq is very very quiet in regards to news being published for outside sources.
11-20-2014 Intel/Newshound Guru Poppy3 Article: "Abadi calls for global investment firms to return to Iraq Date" ...WE ALL KNOW THE INVESTMENT FIRMS WILL NOT RETURN UNTIL A NEW RATE GIVES THEM SOMETHING TO TRADE ON. HOWEVER IT IS VERY ENCOURAGING THAT THE PM IS ASKING TODAY FOR THEM TO COME BACK INTO IRAQ. LETS HOPE THEY ARE ABOUT TO RAISE THE RATE AND ARE INFORMING TRADERS WHEN THEY WILL HAVE A ACCEPTABLE RATE.
11-20-2014 Newshound Guru Adam Montana [ If HCL is approved,do they necessarily have to wait until Budget 2015 is approved before they can RV their currency? With current situation, is it true that the lower oil price will force them to RV their currency ASAP?] Nope! They won't be "forced" to do anything, and they can RV with or without a current "budget"... but I strongly believe that when they do make that announcement, there will already be an approved budget ready to go waiting only on the CBI's rate to be plugged in.
11-20-2014 Newshound Guru Aggiedad77 Article: "Bahr al-Ulum: there are directions to collect the oil wealth of laws and the law of one" Talk continues in the direction of what the Iraqi's in this article call "the law of one". ...what they are referring to here is the HCL...the Oil and Gas Law...seeking to meld the desires of Baghdad with the concerns of Erbil into "one" and of course this makes the most sense...one common law that will dictate how oil and gas issues are dealt with in Iraq...Another show of unity for all Iraqis if they can make this happen. I personally believe they are very close to agreement on the issues at hand, that after many years of no real negotiations we are seeing positive interactions between both groups and actual movement forward...the ball is indeed moving down field.
11-20-2014 Intel Guru EXOGEN THE NEXT 24-48 HOURS SHOULD BE INTERESTING BASED ON SOME THINGS THAT TOOK PLACE AT THE G20 MEETING.
11-20-2014 Newshound Guru Stryker Article: "Bahr al-Ulum: there are directions to collect6 the oil wealth of laws and the law of one" This is a great article and full of great stuff...This shows that a parliament committee is hard at work getting things lined up and telling the Iraqi people what needs to be done, how to do it, and...how to get it done...it is a plan, by the parliament, for the people, that heads Iraq toward economic reform, and our RV.
11-20-2014 Intel/Newshound Guru Poppy3 MAN SO MANY MOVEMENTS IN SO MANY MEETINGS. LOTS OF GREAT SOUNDING AGREEMENTS ALMOST DAILY NOW AND FOR THE LAST FEW WEEKS. THE ONLY THING MISSING IS ACTION ON ALL THE AGREEMENTS. IT WAS REPORTED BY EVERYONE FROM THE GOI TO THE UNITED NATIONS THAT THE HCL HAS BEEN AGREED ON YET TODAY IT IS STILL PENDING PUBLICATION AND IMPLEMENTATION. THEY HAVE STATED MANY TIME THEY ARE PREPARED TO MOVE TO A MARKET ECONOMY YET THEY HAVE NOT TAKEN THAT ACTION YET IN ANY WAY...THEIR WORDS DON'T MEAN MUCH UNTIL THEY ACTUALLY TAKE ACTION. SEEMS TODAY THEY HAVE SEVERAL GREAT THINGS READY AND CAN TAKE INSTANT ACTION AND IMPLEMENT SEVERAL THINGS WITH ONE SWIFT MOVEMENT AT ANYTIME...TIME WILL TELL AND EXPECT ACTIONS VERY SOON.
11-20-2014 Intel/Newshound Guru tman23 It seems that what everyone keeps talking about is this law or that law...but in context those items have nothing to do with the CBI monetary reform...what does is the Kurds signing an agreement...and to quote the Turkey Minister...The agreement just signed between Erbil and Iraq Federal Government brings stability to Iraq and the region.
11-20-2014 Newshound Guru Adam Montana [Is there ANY difference in value of un-circulated Dinar as compared to crumpled up old circulated Dinar at cash-in?] ...the CBI currently states that they actually have the right to deny accepting any notes with even the slightest flaw...so if they were to do that, a note that's crumpled, soiled, ripped, or otherwise "destroyed" could be rejected. However... it's not likely that they will be that harsh, as it would undermine their goal with an RV - to increase their money's value and also their "worth" in the world as the major leaders see them. They also "reserve the right" to refuse ANY currency from outside of Iraq, which is where we get the occasional lopster using that as "evidence" that an RV is impossible. The fact of the matter is that Iraq does need the support of the world to be successful, and I'm not worried about them refusing our notes as long as they are in decent condition. Now, if your dinars have been ran over by a skid steer, left outside in a mud puddle, and taped back together a couple times... you might have a problem!
11-20-2014 Newshound Guru Millionday THE GOV OF CBI IS OUT OF THE COUNTRY AND WILL BE BACK THIS WEEKEND -- AS FAR AS WHAT HE WANTS DONE I DONT KNOW --- IT APPEARS THEY HAVE BEEN DOING A LOT AND GETTING MORE DONE THAN EVER BEFORE. THEY HAVE SIGNED AN AGREEMENT TO PAY THE KURDS -- OBVIOUSLY THE BUDGET IS OF GREAT IMPORTANCE -- THE 2015 BUDGET HAS BEEN SENT TO PARLIAMENT ALREADY SO SOUNDS AS IF THEY HAVE FINISHED THE 2014 BUT WE HAVE NO ANNOUNCEMENT -- SHOULD SEE A PRESS ANNOUNCEMENT. WE WILL SEE WHAT COMES OF THE LAWS THEY HAVE ON THEIR PLATE TOMORROW [THURSDAY]...IT SURE IS ENCOURAGING.
11-19-2014 Intel Guru TerryK Article quote: "Work identifies the 20th of this month as the date for the disbursement of the salaries of workers who do not have the smart card" SO THEY ISSUE THURSDAY MEANS THAT THE CURRENCY REALLY SHOULD BE TURNED ON BY THEN RIGHT. I GOT A EMAIL LATE LAST NIGHT FROM SOURCE TELLING ME THEY ARE HEARING THURSDAY MORNING.
11-19-2014 Intel Guru Frank26 ALL YEAR DR SHABIBI has been with the IMF orchestrating the MR [Monetary Reform] of the IQD with the GOVERNORS of the CBI. S [Shabibi] does NOT want to return to the CBI ...But it is highly possible some of his staff will soon.
11-19-2014 Newshound Guru Adam Montana Good stuff happening right now - here's the brief headlines: 1. Last week there was talk about jumping straight to the 2015 budget, and this week they are DOING it. BAM! 2. What's Kurdistan's biggest gripe been over the years? What has stopped them from agreeing? MONEY. Under Maliki, Baghdad screwed the Kurds every chance they got... and what's changed now that Abadi and the new GOI is in place? Things are moving, and Kurdistan just got news they are getting paid. POW!! 3. Y'all know what the HCL holdup is, right? MONEY! The Kurds have refused to agree on anything because they were not getting a fair shake (to say the least)... well, that's changing quickly and we are actually seeing the word "agreement" instead of "talks" or "negotiations". ZING!!!
11-19-2014 Intel Guru DC [via Adept1] Everyone is ready, waiting on Iraq to do their final check-throughs. This is way to force the folks who have been messing with this thing to stop blocking it. Let’s hope they do what they said they would do. The US is ready and waiting on Iraq. Iraqi, EU, NATO, US and UN sources all say they will run this through today and possibly tomorrow, so we will get excited from tomorrow afternoon onwards.
11-19-2014 Intel/Newshound Guru tman23 The fact is that the IQD was converted implies that there is not enough IQD notes in the region...(which has been stated by many displaced who complain on being paid with notes no larger than 1000 and all in very poor condition)...The Kurds had 2.7 billion usd in the Turkey Bank from oil exports...The Kurds have not been paid since March.. Why only 500 million...?? ...the budgeting and figures with a 27% deficit figured in are riding close to a number of $1.13 as seen in the SIG report...IMO...100% absolutely positive the Kurds are not going to be accounting with 3 zeros starting 2015. [post 2 of 2]
11-19-2014 Intel/Newshound Guru tman23 AS STATED BY THE KURDISH GOI MINISTER OF FINANCE...The MoF office CONVERTED 583 billion IQD and transferred 500 million usd to the Kurdish region today...Wednesday...the most important part of the statement and is CONFIRMED to be what was said LIVE...583 billion IQD converted...which is very interesting for a number of reasons. Barzani quote from est 2 months ago...He had said that the Kurds would NOT be dealing in the 3 zeros (and this was including the ESX conversation)...he said they could pay their civil servants in usd and use the IQD for government (indicating Kurd officials and military)...OR they use USD altogether or create their own currency... [post 1 of 2....stay tuned]
11-19-2014 Intel Guru TNT Tony [via Adept1] Thousands of people exchanged yesterday, at different rates, and that means they are getting closer to Dinar Land and then the public release. Some banks are authorized; some banks are not touching it until the RV is public and available for all. They brought in exchange people, bankers and security, scheduling them for later this week and this weekend, so we’ll see what happens. In Iraq they say that they are ready, and they have done everything required to delete the three zeros, and they are ‘waiting for the right time’. Our intel says that all conditions have been met and we’ll see it in the next couple of days. We hope this time it goes through. From everything we can see, everyone is being told to get ready and BE ready.
11-19-2014 Intel Guru Bulldog75 MANY FACTORS ARE DETERMINING OUR DESTINY DATE. IMHO, WE ARE LOOKING AT 3.33 -9.96. THIS COULD OCCUR ANYTIME. IMHO, THE TIMING IS MORE PROBABLE DURING ONE OF THE MAJOR HOLIDAYS FORTHCOMING OF: THANKSGIVING, CHRISTMAS, NEW YEARS, CHINESE NEW YEAR.
11-19-2014 Newshound Guru My Ladies Article quote: "Work identifies the 20th of this month as the date for the disbursement of the salaries of workers who do not have the smart card" [THEY CANNOT DO THIS WITHOUT AN ADJUSTED RATE, CORRECT?] THE DINAR HAS A VALUE IN THE COUNTRY TO THE CITIZENS, IT IS ONLY WHEN THEY LEAVE THE BORDERS OF IRAQ THAT THE DINAR HAS NO VALUE. WHEN WE SPEAK OF THE DINAR REVALUING WE ARE SPEAKING OF THE INTERNATIONAL EXCHANGE RATE. THAT IS COMPLETELY DIFFERENT THAN THE VALUE OF THE DINAR INSIDE IRAQ. THEY WILL NOT BE PAID AN INTERNATIONAL EXCHANGE RATE INSIDE THE COUNTRY. IN THE COUNTRY OF IRAQ A DINAR IS A DINAR IS A DINAR. THE SAME AS HERE IN THE USA, A DOLLAR IS A DOLLAR IS DOLLAR, BUT WHEN WE TAKE IT OUTSIDE THE USA AND EXCHANGE IT FOR ANOTHER CURRENCY IT HAS A VALUE MUCH LESS THAN $1.00.
11-19-2014 Intel Guru Frank26 Article Quote: "...due to the Kurdish delegation will meet with Prime Minister Haider al-Abadi and other officials to reach a final agreement after an agreement in principle to resolve all the problems between the two parties, including the export of oil and the budget." They are actually willing telling You many MR (Monetary Reform) things RIGHT NOW!!! It not like they planned to share today what they do for the CITIZENS ...It's just NOW working out that way. It is of our learned opinion that the reason they now pay inside of the country to their CITIZENS is because they have already set the stage to pay outside with a new exchange rate. The mechanisms to do so have been set up this year.
11-19-2014 Intel Guru Delta Geneva (BIS) has had new rate and is approving (ed) it! I Team did tell us 1st week of last month that HCL was done...just saying.
11-19-2014 Newshound Guru My Ladies IT SEEMS THE DEAL THE GOI AND THE KURDS MADE IS HOLDING UP SO FAR AND HAS MADE INTO OUR MAIN STREAM MEDIA. THIS IS A BIG BIG STEP SO FAR. LOOKS LIKE BAGHDAD IS SERIOUS ABOUT MENDING FENCES WITH THE KURDS. WHILE THIS IS GOOD NEWS...THERE IS STILL MUCH TO DO AND HCL IS STILL IN THE BEGINNING STAGES WITH WHAT WE KNOW AND HAVE SEEN IN THE MEDIA. THE RAMBLINGS OF WHAT HAPPENS BEHIND CLOSED DOORS WILL NOT AFFECT US UNTIL THE WORLD GETS TO SEE IT. WE WILL BE WATCHING THE PROGRESS...IN THE COMING DAYS LEADING UP TO THE 25TH WHICH IS THE NEXT SESSION OF PARLIAMENT.
11-19-2014 Intel Guru TerryK SOURCES ALL TELLING ME MIN BY MIN... MY SOURCES ARE ALL WOUND UP...EXCITED...THEY ARE ALL TELLING ME ANYTIME.
11-19-2014 Newshound Guru Aggiedad77 we are already seeing a number of articles about the agreements made with the Kurds last week on oil and gas issues....PAYMENTS are going forward as we are seeing today...The government is continuing to move in the right direction...this has to be garnering them a considerable amount of trust and faith with the people, not just the Kurds but with all Iraqis. The retired people are being paid as well, I think for September and October...again favorable news. Even with the tragic bombing in Erbil today, the government and Abadi are standing as one and saying...the ones responsible will be held accountable. This was a swift message following the bombing... For almost the whole part of the last week the news from Iraq has been EXCITING...I don't think I've ever posted that before...it is creating excitement by itself.
11-19-2014 Intel Guru EXOGEN [ I just want to know if we are going to finally exchange this week or not? If not, then are the INTEL saying we will exchange before years end?] YES WE LITERALLY HAVE SNOW OVERLOAD AND FREEZING TEMPERATURES NOW...THE CLIMATE IS NOW SET FOR YOU KNOW WHO TO ARRIVE!!!
11-19-2014 Newshound Guru Millionday [After the signing do they get paid on their smart cards...Does it have to go to the gazette first?] THIS IS AN AGREEMENT AND NOT A PARLIAMENT VOTED LAW SO THE TIMELINE WILL BE PART OF THE AGREEMENT AND TIME WILL TELL. THE NEXT DAY OR SO SHOULD BE A MASSIVE CHANGE FOR IRAQ AND THESE LAWS ARE LIKE THE STOCKING STUFFER WE HAVE BEEN WAITING ON. THEY NEED THESE REFORMS FOR THEIR INTERNAL MARKET TO ENTER THE GLOBE -- AND THIS IS THE STEP THAT THEY ALL HAVE BEEN WAITING ON. [post 2 of 2]
11-19-2014 Newshound Guru Millionday Article quote: "Shaima Rashid described the MPs visit the Kurdistan Region delegation to Baghdad, today, as an important step towards the realization of economic, political, security and defeat "Daash." THIS IS NOT A NORMAL MEETING -- THIS IS THE SIGNING OF AGREEMENTS. THESE ARE OFFICIALS IN ECONOMIC THAT WILL BE MET WITH OFFICIALS OF ECONOMIC FOR THE NATION -- THEY WILL BE THERE TOMORROW [WEDNESDAY] SIGNING THE NEW AGREEMENTS AND NOT JUST TALKING ABOUT THEM. [post 1 of 2....stay tuned]
11-19-2014 Newshound Guru tlm724 it is all coming together for us but like I have said it's not just pushing a button...it's a process of actions and reactions. As we watch them take these actions, all of them, like taxes, reform and legislation, these actions create reactions and that is what drives up the value of the dinar! supply and demand, confidence in the country, confidence in the NEW GOI. We see accolades from governments and powerful entities through out the world expressing their pleasure with Iraq and that breeds confidence and that is what drives up the value of the dinar! I am loving where we are headed...no actual date or rate but I do like the 1st quarter of the year.
11-18-2014 Intel Guru Frank26 [via BulldogFord65] The majority of CH7 has been removed but they are not totally free of it, there are some clauses that still apply through the UNSC...Iraq has taken action with the freedoms they have, working to qualify for Art 8; IMO, the last part, part 4, of the HCL is being done... for the first time, the UN said that they see Iraq’s government concrete and with reforms, IMO, this means there is a rate, that CH7 can be released and Iraq can qualify for Art8...Baghdad and Kurdistan are happy and in agreement, the GOI and the CBI are happy and in agreement... the GOI the CBI and the ISX have found a new fire -- let's see what they say.
11-18-2014 Newshound Guru Kaperoni [I was really hoping for an RV for Christmas this year.] good luck with the rv thing...its more of a gradual appreciation...but no body wants to listen to me. [You don't think it'll happen before the end of the year? IYO] no. [Hasn't CBI been setting rate on Dinar for years now?] they are in Article XIV, which for all practical purposes is developmental...the CBI has to learn how to use its monetary tools and they needed to be in compliance with the IMF. [post 3 of 3]
11-18-2014 Newshound Guru Kaperoni that being said, i think many factors come into play. we all know that many things are going on at the same time. so with the new Abadi gov working on a new relationship with the Kurds and parliament preparing laws to be passed things are looking much better than ever before and IMO, the recent downward pressure on oil has now forced Iraq to get in compliance and start doing what they say. [post 2 of 3....stay tuned]
11-18-2014 Newshound Guru Kaperoni some things are starting to line up...might not be a time frame we want to hear, but early 2015 looks like a goal for Iraq. lets start with the IMF and CBI: the CBI has kept the dinar fairly stable for a while now. the market rate was 1209 or less for a month and 1202 or less for the last 2 weeks. the IMF says, a country must maintain stability within 2% fo 90 days which puts us at late January. we have the articles from October that say early or directly into 2015 raise the value and today some television news that a member of the finance committee went on television and said something to the extent that directly in the new year the dinar will begin to rise...so we can see that their appears to be a goal or some direction to that time frame. [post 1 of 3....stay tuned]
11-18-2014 Newshound Guru tlm724 Article: "A delegation from the Kurdistan Regional Government, headed by Barzani to visit Baghdad tomorrow" this is a beautiful article ... Quote: "Barzani will visit Baghdad on Wednesday to reach a final agreement to resolve the problems between the center and Kurdistan." ...did you ever think you would see that? final agreement!
11-18-2014 Newshound Guru Millionday THE WAY THE BUDGET IS PREPARED IS NOT AS IT SHOULD BE FOR THE CHANGES TO A MARKET GLOBAL ECONOMY...AS THEY MOVE TO THEIR REFORMS -- CHANGES WILL OCCUR. ...THEY ARE MEETING EVERYDAY ACCORDING TO REPORTS UNTIL THE BUDGET AND OTHER THINGS WAITING ARE COMPLETE. [Are we waiting for them to pass the 2014 budget before the rv?] CBI HAS STATED THAT THEY WILL NOT WAIT TO APPLY THE MONETARY POLICY OR THE BANKING REFORM OR ALL THAT THEY HAVE TO MOVE FORWARD WITH -- IF THEY DO OR NOT IS YET TO BE SEEN.
11-18-2014 Newshound Guru Breitling …What they are stuck with right now is focusing on stabilizing oil production and raising the value of their currency…infrastructure will come later. So what does that mean for you and me? The value of the currency will go up. They are still talking about how they are reducing the note count. One of these days they will get it down to 1 billion notes and the value will be $3…but they don't need to come out at the $3 rate. They can get to a buck and from that point see what the situation is. Can they grow their economy and add value to the currency? Absolutely they can. Can they get it to a $3 rate with just oil production? yes, they did it already before Saddam started messing around…so those are yes answers and what they are looking at right now. [Post 2 of 2 scroll below to read part 1]
11-18-2014 Newshound Guru tlm724 Article: "Upcoming talks between Baghdad and Kurdistan to export Kirkuk oil" Quotes: "...about the government's intention to complete the oil and gas law and forwarded to the House of Representatives with a view to approval..." "It is scheduled to be the Prime Minister of the Government of the Kurdistan Barzani Baghdad to visit in the coming days to discuss the initial agreement..." they are really get the word out about this agreement as they should! They can be proud...I also want to point out that it is obvious that Kurdistan has control of Kirkuk and this was part of the disputed areas in article 140, it's a very good sign of what is to come!
11-18-2014 Newshound Guru Breitling Back before Saddam started screwing around with the currency the note count was down to a billion notes and that's why it was $3.00…move the situation forward…the Ministry of Planning, the Ministry of Finance and the CBI and their strategy…They had a 2 pronged attack. Get the oil to where it's competitive, get enough oil out of the ground and have the currency at a certain level based on the note count so that they can be competitive. Then they were going to rebuild their infrastructure…they were going to reduce the note count and then they were going to add value to their currency so it gave purchasing power to the people and they were going to build the middle class in Iraq. They still plan on doing that but it's definitely going to be a different situation... [Stay tuned for the rest of the story of why Breitling thinks the rate WILL increase...Part 1 of 2]
11-18-2014 Intel Guru Jester I AM STILL LOOKING FOR SOME ACTION IN THE NEXT COUPLE DAYS ON THAT DOMINO...YOU WON'T SEE IT...BUT I AM LOOKING AT A COUPLE WEEKS OUT STILL OF ANYTHING TO HAPPEN THAT WE COULD ACTUALLY SEE...MAYBE A LITTLE CLOSER...SAY 10 DAYS OR SO...AND IT WILL NOT HAPPEN IN ONE FELL SWOOP LIKE EVERYONE THINKS...THEY ARE NOT GOING TO JUST ANNOUNCE "HEY EVERYONE JUST GO TO THE BANK". THINGS ARE HAPPENING...LOOKING VERY POSITIVE... THE WORD IS IMMINENT.... IT WILL HAPPEN... JUST BE PATIENT... YOU HAVE ALREADY WAITED A LONG TIME... IT WILL HAPPEN.
11-18-2014 Intel/Newshound Guru tman23 Article Quote: "Baghdad-led House has four bills to the Council of Ministers for the purpose of validation is the oil and gas Act and the Federal Court and the parties and amnesty. Member of the parliamentary legal Committee, in a statement obtained by gesture (treasures media) that "four laws still pending decision on them due to differences on some provisions, notably the amnesty law which is a requirement of most political blocs."...NOTE... That the oil and gas and the Federal Law are the 2 at the top of the Kurds list in their Baghadad signed agreement...Federal Law / Oil and Gas...IN THAT ORDER! So tomorrow the Kurds are back in Baghdad to finalize the devil in the details... Parliament is back in session Tuesday 25th...
11-18-2014 Newshound Guru Kaperoni Article: "Corporate restructuring and privatization of investigating economic advancement" 1st is compliance with the IMF and...90 days of holding the rate within 2%. The CBI may want some banking laws reformed first, or the GOI/CoM may want some of the economic laws in place. Both are valid arguments because opening the currency to the world (Article VIII) does nothing for the economy on it's own...it only creates a monetary condition for investment. I will add this, we want parliament to do its work first. Why? because we want investment to flow into Iraq which will have a significant impact on the dinar's value. So we should all be hoping parliament gets back to work and passes the laws as soon as possible.
11-18-2014 Newshound Guru Millionday [is the "Conference of National Reconciliation" something that has to happen before we see anything and are we waiting for anything else?] WE ARE NOT SURE IF THIS IS GOING TO BRING AN ANNOUNCEMENT OF ECONOMIC REFORMS AND ALL THE REST OR IF THEY ARE GOING TO ANNOUNCE THE REFORMS IN THE NEXT TWO MINUTES -- HOWEVER THE CONFERENCE OF NATIONAL RECONCILIATION IS A HUGE CONFERENCE BECAUSE IT IS THE REJOINING OF THE ENTIRE NATION AS IT HAS BEEN FORMED BY ALL THE WORK THEY HAVE DONE SINCE THEY STARTED BUILDING A DEMOCRATIC STATE. [Do we have a date for the "Conference of National Reconciliation"?] NO NOT YET -- JUST THAT IT IS THE MONTH OF NOVEMBER. I KNOW THEY HAVE BEEN WORKING ON THIS FOR THE LAST THREE OR MORE WEEKS -- IT IS A HUGE DEAL TO THEM AND VERY FORMAL.
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