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8-21-2014 Newshound Guru Millionday CBI STATED IN A PRESS STATEMENT THAT THEY WOULD MOVE FORWARD WITH THE ECONOMIC REFORM AND MONETARY POLICY WITH THE BUDGET OR WITHOUT.
8-21-2014 Newshound Guru Millionday [how could we possibly rv with all the unrest that is in iraq?] THEY HAVE MINIMIZED SO MUCH OF THE VIOLENCE AND HAVE TAKEN BACK THE DAM EVEN --- THEY ARE IN THE NORTH AND MANY COUNTRIES ARE HELPING NOW THAT POLITICAL HOPE HAS ARRIVED -- THE US AND FRANCE AND SO MANY MORE COUNTRIES --- THE BORDERS ARE PROTECTED AND THE CITIZENS AND BUSINESS OWNERS HAVE BEEN ASKED TO PROTECT THEIR SELVES AS WELL --- BUT THE ENTRY OF THE STOCK MARKET DOES NOT REQUIRE THE ENTRY TO IRAQ...
Below are the latest guru updates from late last night and yesterday...be sure to check them out before you leave...
8-20-2014 Intel Guru TerryK THE GOVERNMENT OF IRAQ IS COMING ALONG. THE PM IS MAKING SOME CHANGES. ...WE NOW HAVE CONTROL OF THE MAJOR DAM IN IRAQ. I WAS TOLD TODAY THAT WITH THAT TURN OF EVENTS, THAT WE MAY SEE THIS AS SOON AS TONIGHT BUT NO LATER THAN THIS FRIDAY. I HAVE NEVER FELT SO CONFIDENT ABOUT THIS GOING DOWN AS I DO...TONIGHT. REMEMBER I SAID 8.16 AND 2.21.
8-20-2014 Intel/Newshound Guru Poppy3 houston we are looking good...SURGERY WENT WELL AND WORE ME OUT. DINAR IS GO FOR LATE NEXT WEEK...
8-20-2014 Newshound Guru Kaperoni Article quote: "Dr. Majid academic economic Baidhani...said that Central had announced earlier in readiness for the development of the banking business by announcing the project divided the national and invite foreign companies for the purpose of contracting with them and agree on its implementation." Article VIII coming soon...CBI can go to Article VIII anytime as long as they are in compliance with the IMF. Will they? Well Maliki refused to let the banking system progress until he had everything else in line (which he never accomplished). The bottom line is the CBI can do what it needs to do now that he is gone..laws or no laws. Last two days or so their has been a clear push towards a market economy ASAP.
8-20-2014 Intel Guru DC We’re not waiting on Iraq! They have done everything and they are good to go. We are waiting on the public announcement… Not just in DC but across the world the frustration level is extremely high. Iraq’s GOI is done with all their cabinet ministers in place, filled with candidates with experience in their specific fields. Their cards are activated...We have a guy in Germany who is using the card with the new rate, and also guys in Jordan, Dubai and other places. They are using them like debit cards, with the new rates...[over three dollars]. So it’s there! The Finance Minister has been on the news every day saying they are the richest people or country in the world, and the foundation for prosperity in the Middle East. Guys in the US watching Iraqi television say that they are just waiting for the international agencies to adjust the rate for them. The UN is extremely happy where everyone is and want this revaluation to get done. Everyone is cued up and ready to go, excited about things.
8-20-2014 Newshound Guru Millionday THEY ARE WORKING ON THE HCL - FEDERAL SYSTEM AND THE OTHER LAWS THAT HAVE TO BE DONE FOR THE NEW IRAQ...THESE LAWS...ARE A MUST FOR THEM TO MOVE FORWARD --AND THE COMMITTEE IS WORKING TO COMPLETE THE BUDGET TO BE PRESENTED TO PARL AND ALSO ANOTHER FOR THE CITIZENS TO BE RETURNED HOME. ALSO THE FORMED GOV WILL BE PRESENTED ON MONDAY TO PARL...THERE WAS A REPORT STATING THIS WEEK BUT WE HAVE TO WAIT TO SEE ACTUAL ACTION. THEY ARE GETTING SO MUCH DONE AND THEY ARE ACTUALLY SHOWING UP IN GREATER NUMBERS AS WELL.
8-20-2014 Intel Guru TNT Tony The last couple of days/weeks when we’ve been saying we’re close, and excited and happy, and we didn’t give out too much information because people are sensitive. A lot of people are very pissed off today, all around the world. We’ve talked to four different countries minimum that are pissed off at what didn’t happen. I want you to know that the people involved in making this happen surely are mad today. Iraq is ready...This country is able, ready and willing, and then on Monday they transferred that power over to another agency, so now Iraq cannot even push the button. Banks are prepared. They haven’t called security in for months, but had full security in today...They were directed on Monday to show up today, and they did. Things are still sensitive...things are still good, still moving forward. I wish it were a tighter window, but at least people are trying to get it done.
8-20-2014 Newshound Guru Millionday [Is Turki still in a "proxy" position? If so, does he have authority to initiate the rise in dinar value?] HE HAS BEEN GIVEN THE POWER TO RAISE THE VALUE AND IS NOW REFERRED TO AS THE GOV OF CBI SO AS FAR AS A FORMAL ANNOUNCEMENT I HAVE NOT SEEN IT BUT SEE THAT HE IS FOLLOWED WITH THE NAME GOV OF CBI --- HE WAS GIVEN POWER MONTHS AGO.
8-20-2014 Newshound Guru tlm724 Prime Minister-designate Haider Abadi, will present his cabinet to the parliament next Monday...on the twenty-fifth of August ... pretty impressive and quick for Iraq.
8-20-2014 Intel Guru Mnt Goat ...all the news still looks very encouraging that next week’s window of 8/25 – 8/31 is shaping up to be an excellent window to hear of the announcement of the completed government of Iraq. I will add that no one really knows a date of the RV we can only speculate from the information we receive. But I have been informed it will coincide closely to the announcement of the new government. We are once again in a very sweet spot to see the RV see something significant happen early next week.
8-20-2014 Newshound Guru Chattels Article quote: "Othman [senior Kurdish MP] made it clear that the Kurdish demands would be high this time...pointing out that "these demands would make it difficult and might delay the process of forming the government for a certain period, but at the end, the government will be formed on a consensus and pleasing everyone." i caution you not to expect a seated government on Monday as i believe that there is significant "unfinished" business with the Kurds. [Well if he doesn't give the Kurds what they want we would see a major delay in new government?] delay or no government with the kurds in it...although Othman seems optimistic eventually there will be an agreement.
8-20-2014 Newshound Guru Millionday THEY ARE SAYING THE TIME IS NOW AND THERE IS NO REASON TO WAIT FOR ALL BANKING -- ON-LINE -- ATMS--MOBILE PHONES AND E-PAYMENTS AND WIRES -- ALL REQUIRING THE ENTIRE LAUNCH OF THE MONETARY POLICY AND INTERNATIONAL ACCEPTANCE. IT WOULD HAVE TO REQUIRE A REALITY RATE WHEN THE INTERNATIONAL ACCEPTANCE AND CONTRACTS AND TRADE BEGIN. THEY WILL HAVE TO MOVE FORWARD WITH THE REMOVAL OF THE THREE ZEROS AND THE REQUIRED VALUE OF THE DINAR --- OR IT WILL NOT EQUAL OUT WITH A COMPETITIVE TRADING PLATFORM. THEY ARE TALKING ABOUT THE CONTRACTS BEING LAUNCHED NOW AND THAT THEY ARE READY BUT WE WILL WATCH THE ACTION. [post 2 of 2]
8-20-2014 Newshound Guru Millionday IT IS TIME FOR ALL BANKS TO HAVE IT ALL READY TO MOVE TO A MARKET ECONOMY AND ALSO TO IMPLEMENT THE CBI MONETARY POLICY. THEY NEED TO USE ALL TOOLS AND RESOURCES THAT ARE AVAILABLE TO THEM. THIS IS ALL TO ACTIVATE THE ECONOMIC REFORM NOT DREAM ABOUT IT. THEY WILL HAVE MANY RESOURCES...AVAILABLE FOR ALL BANKS AND COMMUNICATION IS AVAILABLE FOR THE MONETARY POLICY LAUNCH FOR THE NEW IRAQ. [post 1 of 2....stay tuned]
8-20-2014 Newshound Guru Aggiedad77 ...Abadi appears to be keeping his integrity about himself as he goes about making selections for his team of ministers...though it sounds like he has been tempted by some, even threatened by others, he's holding his own. Abadi wants to be done with his selection process by Monday and be ready to present to Parliament. Maliki still is not gone, and he still seeks what has been his for the last 8 years. Abadi doesn't appear to be afraid of standing up to the State of Law. Today [Tuesday], not much out of the CBI...so they must be working on something IMO.
8-19-2014 Newshound/Intel Guru Breitling …Since 2010 they reduced the note count from 9 Billion notes to 6 billion notes…from 6 billion notes to 4 billion notes and then the article that came out yesterday…they are going to go from 4 billion notes to 1 billion notes. Did they take the notes and LOP the zeros off and leave the rate on it? NO! They actually physically got rid of the notes…and the notes that are left are going to gain value. As the dinar goes up they will bring in new notes but that is different…the existing notes will co-exist for 3 years. this is the best article we've gotten in the past 3 years! [Post 2 of 2]
8-19-2014 Newshound Guru tlm724 We should see the economic reform law as one of the first in line for the new GOI. How can the CBI move forward with the currency reform without the laws in place to protect their great wealth? As infrastructure grows it enhances Iraq's ability to get the wealth out of the ground, whether it be oil, gold or minerals. The electronic system is now [in] place which was also necessary to move forward and with the help of the Lebanese Banks Iraq is moving forward with international banking standards. It makes sense that the final hurdle is the laws...we all want the RV, BUT I know there are steps that MUST be done to bring about that goal...get the different ministers all set and ready for the passage of the laws then rock and roll baby!
8-19-2014 Newshound/Intel Guru Breitling What would be an indicator that we'd know that they were going to revalue? I've been talking about it for 3 and a half years. It's the note count. It always has been the note count…we were hoping chapter 7 would reduce the note count. ch 7, what would it trigger? It would trigger them reducing the note count. That's what we were hoping for. Article yesterday says…They're reducing the note count therefore it's going to help add value to the currency…! [Post 1 of 2 Stay tuned for the rest of the story]
8-19-2014 Newshound Guru Kaperoni Article quote: "...said Dr. Majid academic economic Baidhani to call the bank for banks and companies come through the pursuit of the development of the payments system in Iraq..." Maliki controlled everything. It is good to see they were doing what they were suppose to do in preparation for the day Maliki was gone. Let's hope that change is coming soon. BTW, this article is referring to "project chunked" which is the electronic payment system that is now activated. Which includes electronic payment, ACH (Automated Clearing House), credit cards, and phone banking.
8-19-2014 Intel Guru TNT Tony were still hearing good news, things are still moving forward...
8-19-2014 Newshound Guru Millionday UPDATE ON POPPY: HE IS DOING WELL AND APPEARS TO HAVE NO LASTING EFFECTS FROM THE STROKE BUT THEY ARE KEEPING HIM FOR OBSERVATION. PLEASE KEEP HIM IN YOUR PRAYERS.
8-19-2014 Newshound Guru Kaperoni Article quote: "Abadi will present his booth cabinet to parliament on Monday, Aug. 25, after the progress in political negotiations to form a government." Well this sounds good. Next Monday we shall see.
8-19-2014 Newshound/Intel Guru Arthur The good news is that they are also working on all the necessary legislation, banking infrastructure, security issues and the budget concurrently in order for everything to be ready for simultaneous implementation all of which will provide the economic and political stability necessary for the CBI/PTB to introduce an international reality rate for the Iraqi dinar "in the coming days". [post 3 of 3]
8-19-2014 Newshound/Intel Guru Arthur We also know that the current government has agreed in principle to the disputed territories pertaining to Article 140 as it is currently constituted. We can also factually determine that through this entire process since the elections they have stayed within their constitutional time constraints per the PTB give or take 24 to 48 hours over in naming the current PM Designate. So if they keep with this efficiency, and based on what I am hearing from sources directly involved in the process there is no reason to believe they will not, although they have said they are attempting to accelerate the process as they have been strongly urged by the PTB, they constitutionally have up until Sept 10th/11th to seat all the ministers completing this new government. [post 1 of 3....stay tuned]
8-19-2014 Newshound/Intel Guru Arthur Great to see how many have now come to see how this event is and always has been about the country of Iraq and their political and economic stability per the CBI/AOP...They are now in the process of undoing all the corruption of the former regime. How long that will take can only be guessed but mine would be not extremely long from what I am hearing from sources that are involved in that process among other things. And then there is the factional haggling that is being done regarding all the amendments and adjustments to the current budget which has to have the HCL already in it. [post 1 of 3....stay tuned]
8-19-2014 Newshound Guru Millionday Article quote: "Baghdad Municipality obtained the approval of the Ministerial Committee for Services and Construction exceptions to the instructions and implementation of government contracts to refer business to prepare detailed designs for the project to develop the area surrounding the kindergarten Kazimiyah disinfectant radius of 500 square meters, and pointed out that" UNDERSTAND THAT THEY ARE REFERRING TO GLOBAL CONTRACTS BEING LAUNCHED AND THAT IS WITHIN A FEW DAYS ---- HUGE...FINALLY GLOBAL CONTRACTS. THEY WILL OF COURSE WANT TO BUY AND INVEST AT A RATE THAT IS FAIR IN TRADE --- INTERNATIONALLY RECOGNIZED HAS NOT HAPPENED IN A LONG TIME...THERE CERTAINLY IS ALOT OF CHANGE ON THE WAY -- WE HAVE NO DATE OR RATE HOWEVER.
8-19-2014 Newshound Guru tlm724 Article: "Speaker of the House presides over a meeting of the committee tasked to discuss the draft law of the Federal Court" they proceeded with the second reading and have agreed to meet again on Wednesday. there are two things about this that I like: 1. Jubouri is right there with them, he is showing his intentions to make this work 2. ...this law is of utmost importance, once they work out the details he will present it for a vote. I just think it is great to see Jubouri front and center in this.
8-19-2014 Newshound Guru Stryker Parliament is holding session today and we wait to see if the budget gets brought up. Designate Prime Minister Abadi will present his new cabinet to Parliament next Monday August 25th.
8-19-2014 Newshound Guru Chattels [wasn't there an article a few days ago...that listed the names of new ministers?] there are some names listed out there, but they will be done all at once with the vote...nothing is finalized yet that i know of...at some point there may be a list by consensus.
8-19-2014 Intel Guru TerryK [banks sinc tonight but without the gov set do we dare hope for RV?] TONIGHT IS AS GOOD AS ANY IN THE PAST. THEY CAN RV WITHOUT GOV SET.
8-19-2014 Intel Guru EXOGEN 24 HOURS AGO THE RATES WERE LIVE IN AUSTRALIA FOR 1 HOUR. [What are the indicators that show the live rate? Another way to ask this, how did you know the rates were live for an hour in aus?] BECAUSE PEOPLE WE KNOW BUILT THE BANK I.T. INFRASTRUCTURE FOR MULTIPLE BANKS. [Sounds like a test of the system. When the rates are live for 3 or 4 days we know the RV steadfast.] 1. TESTING 2. PRODUCTION 3. LIVE 4. ADMINISTRATIVE HOLD.
8-19-2014 Newshound Guru Millionday [Guru] POPPY3 HAS HAD A MILD STROKE WITH NO OPERATION NEEDED -- HE IS AWAKE---AND EATING. ACCORDING TO HIS WIFE HE IS DOING WELL AND IT IS VERY MILD... [prayers going out to Poppy3 & his family.]
8-19-2014 Newshound Guru Millionday Press Statement: "The process of deletion of zeros from the national currency will begin during 2014, through an agreement with the central bank" CONFIRMATION IS REAL THAT DURING THIS YEAR AND IN THE UPCOMING MONTHS...WILL SEE THE CHANGE IN THE RATE AND THE REMOVAL OF THE THREE ZERO CURRENCY -- THIS WAS ANNOUNCED IN A PRESS STATEMENT---THIS IS THROUGH THE POLICY OF CBI...THEY ARE WORRIED ABOUT FRAUD AND COUNTERFEITING BUT --- THE AMOUNT OF BILLS IN CIRCULATION WILL GO FROM 4 BILLION TO 1 BILLION ON THE STREETS --- THIS WILL ALSO BE DONE AT THE SAME TIME THE RATE AND VALUE WILL RISE --- THE CURRENCY HAS TO BE ALL DONE AT THE SAME TIME ---
8-19-2014 Newshound Guru Aggiedad77 I am of the very strong belief and opinion that we are seeing great things from Iraq even in their choice of words...unity, corruption-free, integrity, competence, harmonious, cooperation and others...these are words that I honestly can't say that I've ever heard or read from Maliki...the times...they are a changing...even as we watch…the Iraqi's have everything in the world to be happy about...for me...I'm just HAPPY HAPPY HAPPY...
8-18-2014 Intel Guru TNT Tony [via Adept1] Last week we gave you a timeline because of what they were publishing. Even though that didn’t occur over the weekend, they have been rescheduled and everyone is working towards that. Things are progressing and even closer to the end. We should remain encouraged that this is over.
8-18-2014 Intel Guru DC [via Adept1] Abadi continues to make great strides. Many things have been voted on that are not public yet, that will happen with the RV. There have been actions showing Abadi and his team are serious about including everyone, not just because they are from the right background but because they are the right people for the job. In Iraq, everyone is geared up, including security, banks, notifications, and so on. The UN is pleased as punch that everything is coming together so rapidly. The rest of the US is very ready to go, everyone is ready to get going. If you can move what we thought was supposed to happen this weekend just a hair, then that is where we are at now.
8-18-2014 Newshound Guru Millionday THEY EXPECT TO USE THE BANKING REFORM TO DO THIS AND THAT IT IS READY TO GO AND WILL BE DONE THEY ARE JUST ENSURING THAT THEY DONT HAVE A PROBLEM WITH COUNTERFEIT CURRENCY --- DOUBLE CHECKING THAT THEY WONT HAVE AN ISSUE WITH FRAUD --- SO THE NUMBER OF BILLS WILL BE REDUCED AND THEY ARE REMOVING THE 3 ZERO CURRENCY AND THAT YES THE VALUE IS GOING TO BE RAISED. [post 2 of 2]
8-18-2014 Newshound Guru Millionday Report quote: "This project will lead to reducing the rate of the national currency in circulation from four billion to one billion. Added: The value will be reduced to the size of the quarter, and this will enhance the value and easy to transport, pointing out that fraud or manipulation of currency cash, it will be very difficult." THE REPORT IS SAYING THAT THE VALUE WILL CHANGE AND ALSO THE AMOUNT OF CURRENCY ON THE STREETS WILL GO FROM 4 BILLION BILLS TO 1 BILLION BILLS. [post 1 of 2....stay tuned]
8-18-2014 Newshound Guru Tlar I...am convinced Maliki has left Iraq but I don't believe they will make any kind of announcement on that publicly until there is a new government in place. So The government will be formed before we see an RV. We are very close but it is my belief now that they will do it after the government is formed. The government should be formed this week and maybe as soon as tomorrow. We will not hear that Maliki left until after that and it could be for many reasons... I anticipate that to happen [the RV] within a day or two of the announcement publicly, Iraq's government is complete which could be as early as this week or this weekend. Those of you that have watched closely can feel this coming to a close. Those of you that don't believe or don't understand, it really makes no difference. You have bought the ticket and you too will go on the ride.
8-18-2014 Intel/Newshound Guru Poppy3 THE NEWS TODAY HAS ALREADY OPENED MY EYES WIDE. THE INDICATION THAT THE NEW VALUE WILL BE .25 TO THE DOLLARS SAYS WE ARE LOOKING CLOSER TO THE $4.00 MARK IF THEIR MATH IS CORRECT... [1 divided by x = rate] [ 1divided by .25 = 4.00]
8-18-2014 Intel Guru Mnt Goat So the clock started ticking once again and the new PM now has just 23 days (about 3 weeks) remaining to make the announcement of his fully formed new government to the world. This will take some time but they still anticipate that they can form the new government in a matter of weeks at most. This brings us to the end of August. I believe this is their new target. I do whole heartedly believe we are once again in a very sweet spot to see the RV announcement in the next couple weeks. Be patient it is coming. [post 2 of 2]
8-18-2014 Intel Guru Mnt Goat ...all the news still looks very encouraging that these next couple weeks are shaping up to be an excellent window to hear of the announcement of the completed government of Iraq. Yesterday I sent out some news referring to a high possibility that we would hear of an announcement of a fully formed Iraq government by Sunday. It did not happen... So what is the hold up? ...we are now witnessing a total reworking of the 35 ministries under the prior 8 years of Iraq government...much more “house cleaning” than originally thought necessary. Abadi decided to reduce the number of ministries to 25 after the cancellation and merging some of them...Another cleanup he is doing in trimming their salaries... [post 1 of 2....stay tuned]
8-18-2014 Intel Guru Bluwolf It's a matter of timing and strategies and it is getting done. This whole Iraq fiasco is fast tracking the seating of its GOI and the international release of this blessed revaluation.
8-18-2014 Intel Guru Jester OUR GOVERNMENT IS CONTROLLING THE SITUATION RIGHT NOW... HOW MUCH CONTROL THEY END UP EXERCISING OVER IRAQ AT THIS TIME WILL INDICATE HOW MUCH LONGER THIS DRAGS OUT OR HOW MUCH CONTROL THEY MAINTAIN OVER THE GLOBAL...IRAQ COULD GIVE A 30 DAY OR WHATEVER TIME FRAME TO TRADE IN YOUR DINAR FOR A NEW CURRENCY AND THEN LOP THE ZEROS LIKE THEY HAVE SAID THEY WOULD AND THEN MOVE ON... I AM NOT TRYING TO BRING BAD NEWS BUT...OTHER POSSIBILITIES...EXIST THAT CERTAINLY NEED TO BE DISCUSSED.
8-18-2014 Newshound Guru Millionday THE FIRST STEP IS THE FORMATION OF THE GOV IN THE NEXT FEW DAYS AND ALSO THEY ARE THEN EXPECTED TO IMPLEMENT ALL REFORMS TO MOVE TO THE NEW IRAQ. THE CONSTITUTIONAL DATE IS SEPT 15TH TO HAVE THE GOV DONE BY -- HE STATES TO ALL IT WILL BE BEFORE. [Will the new iraq include a new rate? or will they use petro dollars?] IT WILL INCLUDE THE TRADEABLE RATE THEY WILL USE THROUGHOUT THE GLOBE AS THEIR REALITY RATE OR PRICE FOR THE DINAR -- THE ACTUAL VALUE OF THEIR WEALTH. [When are they actually going to swear in the new PM?] THEY WILL SWEAR IN THE NEW PM WHEN ALL THE MINISTERS ARE ON STAGE WITH HIM AND THEY DO IT ALL AT ONCE IN A BIG PRESENTATION THAT IS TELEVISED. SO AS WE SEE -- WE HAVE AND SO DO IRAQIS HAVE GREAT HOPE IN WHAT IS GOING ON...WE ARE EXCITED. [post 2 of 2]
8-18-2014 Newshound Guru Millionday I AM VERY EXCITED ABOUT THE DIRECTION THAT THE NEW GOI IS GOING AND SOME OF THE IDEAS THEY HAVE IS NOTHING COMPARED TO WHAT WE HAD SEEN BEFORE . THE ECONOMIC REFORM IS OBVIOUSLY BEING IMPLEMENTED...AND HE [ABADI] IS WORKING ON THE FORMATION OF THE GOV...I AM EXCITED FOR THEIR IDEAS AND ALSO THE UN FOR STEPPING IN AND PLACING WARNINGS AND GIVING THEM THE FEEL AS THOUGH THE GLOBE Cares. I AM SURE THEY ARE GAINING PRIDE AND THE BACKING OF THEIR GOV IS A GIVEN WITH THINGS THE WAY THEY SEEM TO BE GOING. THE NEW GOV WILL BE A GREAT ONE...THIS IS MORE THAN ENCOURAGING -- THIS IS MIRACULOUS. [post 1 of 2....stay tuned]
8-17-2014 Newshound Guru Kaperoni The nomination of a new unified government has been hailed not only from within Iraq, but by the world community including the U.S, the UN, Europe, Iran, Saudi Arabia and many others. This new government will have its hand full trying to contain the violence and current terrorism from ISIL. But hopefully this message will take hold and work in a very positive way to force these terrorists out of Iraq. I am very optimistic that within a few months we may see discussion move from government news to economic news and once again the restructuring of the currency. But we must keep in mind all the work that must be done before that is truly realistic. [post 3 of 3] [See the possible "to do list" in the Dinar Guru Resource Bar on the left of this page...]
8-17-2014 Newshound Guru Kaperoni As for monetary reform...we still have a large hill to climb. We have clearly proven over the last few years that the many laws are stalled that have a direct impact in the economy of Iraq. That any currency reform is simply a part of the overall economic advancements including a transition to a market economy. So we must continue to wait and watch as parliament joins forces with the new government to address these laws. These laws include banking reform as well as economic reform. [post 2 of 3....stay tuned]
8-17-2014 Newshound Guru Kaperoni The last few days certainly have been exciting...We have seen the nomination of a new Prime Minister Haider al-Abadi and a surprising concession speech from Nuri al-Maliki…something quite frankly I am still a bit skeptical about. In any case, it appears that within a few weeks, parliament will meet and formally nominate and ratify the new government into office. Maliki at that time should leave peacefully as he stated on television yesterday. [post 1 of 3....stay tuned]_
8-17-2014 Intel Guru Frank26 What Laws will the new GOI pass as soon as they are seated? Give me an H...Give me a C....Give me an L...What's that spell? A law that will bust open the 2014 budget like a piñata!
8-17-2014 Newhsound Guru Tlar [Sorry for being cryptic, but thats how it is sometimes. But yes, Elvis has left the building, and has departed for places afar.] tick tock, tick tock, tick tock.
8-17-2014 Newshound Guru Millionday [...is he [Maliki] completely out?] YES HE IS. I DONT BELIEVE BY WHAT I AM READING HE HAS ANY POWER OR IS BEING ABLE TO MAKE ANY DECISIONS. [Isn't he still the caretaker PM till the new one is sworn in?] OFFICIALLY WHEN THEY ARE SWORN IN TOGETHER WITH ALL MINISTERS BUT THE 15 DAYS TO SHOW CONFIDENCE IS THE MOST IMPORTANT IMO. THE NEW PM IS SHOWING CONFIDENCE. [When is the 15 days up?] I THINK THE... 22ND... [So an RV is more likely after...?] I DONT KNOW WHEN -- IT IS PLANNED...THE DATE HAS NOT BEEN RELEASED...WITH HIS LACK OF POWER I WOULD SAY ANYTIME THEY WILL MOVE FORWARD WITH THE ECONOMIC REFORM.
8-17-2014 Newshound Guru Aggiedad77 I am going to say this one more time...Maliki is STILL the caretaker Prime Minister of Iraq...he will be in that capacity until such time as Abadi's government is approved and seated...they HAVE to have someone running the country...Maliki is that person right now...yes Maliki IS stepping down and has conceded the job of Prime Minister to Haider Abadi but NOT UNTIL...such time he and his government is approved by Parliament.
8-17-2014 Newshound/Intel Guru BGG They are still forming the GOI. IMHO - as soon they form and the PTB are sure Maliki is gone...we are in good shape.
8-17-2014 Intel Guru Mnt Goat The CBI has also given nothing by favorable acceptance of wanting and approving an immediate rolling out of the currency back to its international status. Their hands are now washed of this effort. They wait now like us investors. Along with this will be the new reinstated/revalued rate. In fact we may never see the reinstated rate since I believe they will go directly to the revalued rate. I do whole heartedly believe we are once again in a very sweet spot to see the RV announcement this week sometime. Be patient it is coming. [post 3 of 3]
8-17-2014 Intel Guru Mnt Goat So the next big step is for the new Iraq prime minister to designate/nominate/chose his new ministers to form his Council of Ministers on time. As of September 11 the next Iraq constitutional deadline will expire for this task...on Thurs 8/14 we witnessed an announcement by the new Iraq prime minister Abadi that he would most likely have his council formed in only 48 hours. He also stated he was targeting for the announcement to the news media of a fully formed government of Iraq on Sunday 8/17. That is today! We still wait. [post 2 of 3....stay tuned]
8-17-2014 Intel Guru Mnt Goat Today is Sunday 08/17 and all the news looks very encouraging that this week is shaping up to be an excellent window to finally see the final rollout of the revaluation of the Iraq dinar. As you may already know that Iraq did finally shake off...the outgoing prime minister Nori Al- Maliki. He is still physically around Badgdad but he is not very public these days. When they need him they call for him. He is under guard and carefully watched 24/7. This is contrary to what many believe that he has left the country. [post 1 of 3....stay tuned]
8-17-2014 Intel/Newshound Guru tman23 Article quote: "...a prominent figure in the Kurdish alliance that will get ministerial posts in the next Government, former Foreign Minister Hoshyar Zibari, Khalid shawani wekhsro Curran", adding that Zebari will serve as Deputy Prime Minister..." a Kurd as Deputy PM...Thats power sharing! [See Possible "To Do List"in the Dinar Guru Resource Bar on the left of this page...]
8-17-2014 Newshound Guru Millionday [Do we have any idea when esx is opening international trade? Is it still aug/sept?] IRAQ MOVING TO A FREE MARKET ECONOMY IS HUGE FOR ALL ECONOMIES WITH THE TRADE AGREEMENTS THAT COMES WITH IT. IT HAS BEEN REPORTED TO BE AUGUST AND...SINCE THE ORIGINAL REPORT I HAVE NOT SEEN A CHANGE.
8-17-2014 Newshound Guru Tlar Article Quote: "Coalition leaders met on Saturday to determine the mechanism of dialogue with the political parties concerned to form a ministerial cab It was noted that the Prime Minister outgoing Nuri al-Maliki has missed the meeting." Maliki went missing yesterday. It would be my guess that he ran last night fearful of the government being put together. Everything for him is downhill from now. The government is talking about crimes as MP's from the Sunni's and the Kurds have started talking of murder and mayhem...The government itself talking of audits of Ministries looking for the theft they have been accusing him of for years. Now once this government is formed or Maliki is verified out of the country, the countdown to D- Day begins. D-day = RV. That's the way I see it...we are all keeping our fingers crossed.
8-17-2014 Intel Guru EXOGEN Article quote: "Prime Minister Haider al-Abadi allocate costs $ 500 per family of Iraqi oil imports and the proposals included in the budget of 2014..." DOES ANYBODY SMELL THE HCL HERE? (Abadi citizen demands to allocate $ 500 to each family of oil imports) Sounds and smells like HCL to me!! $500.00 X $3.71 (PROJECTED) IS A NICE PIECE OF CHANGE FOR A HOUSEHOLD THAT HAS HAD NO INCOME STREAM IN IRAQ. NOTE: THIS FEE IS PAID TO ALL IRAQ CITIZENS. IMAGINE IF YOU HAVE 5 PEOPLE IN YOUR HOUSE...Santa Claus is Coming to Town.
8-17-2014 Comedian Guru Poppy3 SOMEONE SPELLS WORSE THAN ME. THEY POSTED MALIKI LEFT BECAUSE OF PROSTITUTION ... I WAS TOLD BECAUSE OF PROSECUTION. I KNEW HE WAS CORRUPT BUT WASN'T AWARE OF THE WOMEN. WHEN DID HE HAVE TIME WHILE SCREWING UP ALL THE POLITIC'S. LOL,LOL .
8-17-2014 Newshound Guru Millionday HE [ABADI] IS CHOOSING THE MINISTERS THAT WILL COMPLIMENT THE NEEDS ECONOMICALLY OF THE COUNTRY. HE IS PLANNING ON CUTTING BACK THE NUMBER OF MINISTERS TO WHAT THE NEEDS ARE OF THE COUNTRY...NOTICE THE DIRECTION HE IS ALREADY GOING IN SAVING MONEY THAT HAS COME OUT OF BUDGET FOR TOO MANY WORKERS...HIS GOAL IS TO MINIMIZE THE BUDGET EXPENSES ALREADY. THEY ARE PLANNING ON PUTTING SOME OF THE JOBS OF MINISTERS TOGETHER AND THAT WILL MINIMIZE PAY. [post 2 of 2]
8-17-2014 Newshound Guru Millionday [Is parliament tomorrow or Tuesday?] TOMORROW [SUNDAY]. REMEMBER THAT THE HCL IS SUPPOSED TO BE ONE OF THE WHOPPERS ON THE AGENDA FOR THE PARLIAMENT SESSION. THEY MAY HAVE REFUSED TO COMMENT BUT WE KNOW THAT THE HCL - ARTICLE 140 AND THE BUDGET ARE ON THE AGENDA...AND ALSO THE PM IS SWORN IN WITH THE MINISTERS... [post 1 of 2....stay tuned]
8-17-2014 Newshound Guru Tlar Early on at the middle of 2008 it hinted at 86 cents when they did the strategic study, but even this article from early 2012 says 1 to 1 so it was higher already by the first quarter of 2012 than what the study recommended. From that we can conclude that as the reserves grow and circulating currency reduces, the rate is moving also. The longer they have held out, the higher it has become. They will hold the currency at what ever number they come out with for some period of time. The 2008 study suggested 2 years. During this period no matter what they finally decide to do the currency will still be a managed rate. [post 2 of 2]
8-17-2014 Newshound Guru Tlar Article: "Reveals the intentions of raising the value of Iraqi dinars for each equal to one dollar" Article from 2011. Everything in the article is old. Smalls were printed in 2012 per contracts let. Price of dinar is higher now by quite a bit. 1 to 1 was what they had planned to do before they even new the total damages in terms of debt. 80% of the debt has been paide. Most of the dinars collected off streets. Banks are now world ready and the reserves and gold are 2x's what they were. The kick is that the US debt is much higher also requiring a bigger valued dinar and Iraq can handle it now. [post 1 of 2....stay tuned]
8-17-2014 Intel/Newshound Guru Poppy3 the only connection between the rv and the budget is that the budget has to reflect the VALUE the budget is to be FUNDED AT. AS FAR AS ONE CAUSING THE OTHER...THEY DON'T CAUSE ONE ANOTHER TO HAPPEN. THE BUDGET BEING FUNDED WILL HAVE TO BE AT THE RATE THEY EXPECT THE DINAR TO BE VALUED. [they can adjust the budget to equal what the new value of the dinar will be.] YES AT ANYTIME...BUT THEY HAD TO HAVE A VALUE TO BASE THE BUDGET ON IN THE BEGINNING BEFORE THEY COULD FIGURE THE BASE TO WORK FROM.
8-16-2014 Newshound Guru Kaperoni Article: "More than 186 million dollars in sales the central bank auction today Saturday, 16 August / August 2014 13:19" the CBI is reporting the Market Rate at 1217 for the past 10 days or so.
8-16-2014 Newshound Guru lojak [in the end, it really doesn't matter who's PM... Maliki, Abadi... and it doesn't matter where Maliki is... inside or outside Iraq...regardless...the monetary reform WILL move forward.] ultimately it doesnt...but it may effect our timing of getting this thing over with. I've been at this a long time. I can tell you for a fact that M has been the sole reason this hasnt happened for 53 weeks...since 30 business days post chapter 7 release.
8-16-2014 Newshound Guru Tlar [Apparently, there is some chatter about that Maliki will stay in country...] My money is on he will not stay. The government of Iraq will be chasing him shortly if he does. His government stole 600 billion under his control and the citizen lawsuits not to mention the charges that will be leveled on him for murder by iraq. It is my belief Iraq is still reorganizing and is not ready to go after him just yet. But when the new government is ready, he better have disappeared. Iraq is just distancing itself from his regime and until the government is complete the accountability for these crimes are...on hold and Maliki is taking advantage of this time. He sits there in the eye of the storm but the back wall of the hurricane is fast approaching and he wont be able to escape it.
8-16-2014 Intel/Newshound Guru Poppy3 TOMORROW IS THE NEW PARLIAMENT OPENING MEETING AND FROM WHAT I HEAR THEY HAVE A HUGE AGENDA INCLUDING THE BUDGET AND OTHER MAJOR PROJECTS TO VOTE ON. WE AT THIS TIME CAN ONLY PRAY THEY MEET WITH CONFIDENCE AND AGREEMENTS SO THEY CAN COMPLETE THEIR JOBS EFFICIENTLY AND GET MANY THINGS ON THE AGENDA COMPLETE AND NOT POSTPONE THINGS THAT WILL MOVE IRAQ FORWARD.
8-16-2014 Intel Guru EXOGEN 8. THE CBI IS READY AND THE BANK INFRASTRUCTURE IS NOW COMPLETED AND READY FOR GLOBAL BUSINESS 9. OFFICIAL CARD ACTIVATIONS ARE NOW IN MOTION 10. CARGO SHIPS FROM AROUND THE WORLD ARE UNLOADING DAILY 11. PREPARE FOR THE EVENT & HAVE YOUR PLAN READY 12. GROUP EXCHANGES ARE PROJECTED TO START WITHIN DAYS 13. THERE ARE NO MORE DOCUMENTS REMAINING TO BE SIGNED OFF ON 14. FINAL BAD GUY CLEAN UP IS NOW LIVE 15. THE FINAL BUTTON HAS BEEN PUSHED. [post 2 of 2]
8-16-2014 Intel Guru EXOGEN 1. IRAQ IS MOVING AT LIGHT SPEED 2. MEETINGS HAVE BEEN TAKING PLACE DAILY TO FINALIZE THE NEW GOI 3. LAWS THAT HAVE BEEN DELAYED ARE PASSED AND ARE BEING PASSED 4. WHAT YOU SEE ON NEWS MEDIA IS A 100% DISTRACTION 5. IRAQ IS NOW POSITIONED TO DO BUSINESS INTERNATIONALLY 6. THE OFFICIAL PARADIGM SHIFT IS IN MOTION TODAY 7. IRAQ IS NOW RECEIVING INTERNATIONAL SUPPORT. [post 1 of 2....stay tuned]
8-16-2014 Newshound/Intel Guru BGG can they not get him to leave? the more troubling issue is Maliki being in an "obstructionist" role now.
8-16-2014 Newshound Guru Chattels [If he is offered a seat, is he still immune?] there is no ABSOLUTE immunity...immunity depends upon the nature and proof of the offense. I have been saying that there may not be alot of difference in the PM - designate and Maliki, both are Dawa party...i have not been calling for an rv just because Maliki will not have a third term...we have got to abandon this "culture " of near/immediate expectation on the RV. it is deadly for many.
8-16-2014 Newshound Guru Chattels [Did you see...Maliki may have position in new parliament. Apparently he's still there?] i never thought that Maliki was "gone". He is still the incumbent Prime Minister, a true "lame duck", but still the chief executive officer. He did not resign...as i understand the parliamentary system, Maliki is entitled to a seat in Parliament. He got more votes than anyone by a wide margin...now, whether he is appointed or elected by Parliament to a more "sovereign" position remains to be seen. He has agreed to abandon his bid for a third term and step aside in "due course", meaning when there is a duly elected/seated government. [post 1 of 2....stay tuned]
8-16-2014 Newshound Guru Millionday THEY HAVE COMPLETED PREPARATION AND ARE READY FOR THE NEW POSITION TO MONITOR THE EXCHANGE RATE – THE PRICES - AND ALL OTHER REGULATIONS PUT IN PLACE FOR THE ECONOMIC REFORM AND BANKING REFORM – CBI HAS MANY THINGS IN PLACE TO ENSURE SUCCESS AS THEY ENTER THE GLOBE...THEY EXPECT THAT DUE TO THE QUALIFIED EXPERTS, INFORMATION, AND ALSO ALL THE STEPS THEY HAVE TAKEN THAT THE ECONOMIC TRANSITION IS EXPECTED TO BE A SUCCESS. [post 2 of 2]
8-16-2014 Newshound Guru Millionday THE STUDIES TO MOVE FORWARD WITH THE ECONOMIC REFORM HAVE BEEN COMPLETED. THEY ARE PREPARED TO MOVE FORWARD WITH THE DIVERSIFIED MARKET AND THEY EXPECT SUCCESS IN IRAQ`S SELF SUFFICIENT PLAN FOR ALL CITIZENS AND THE COUNTRY...THEY HAVE DECLARED THAT THEY ARE PREPARED TO SEE THE ECONOMIC REFORM ACTIVATED – THE LAWS ARE READY AND THE COUNTRY IS READY THROUGH ADMINISTRATION AND ALSO THE DEPARTMENTS AND CHANGES THEY HAD TO GET DONE. [post 1 of 2....stay tuned]
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