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10-19-2014 **** UPDATE Dinar Guru News Flash **** It appears to be official (as hard as it is to believe!!:) after over 20 years an inclusive Iraqi GOI cabinet is complete! This is huge news! MoD is Khaled al-Obeidi, a leading Sunni politician from the city of Mosul and Mohammed Salem al-Ghabban is the new interior minister from the Shia party...the Kurds were also awarded 6 cabinet posts! (inclusive power sharing!!) The official guru possible "to do list" items: Power Sharing and Complete GOI have been updated in the Dinar Guru Resource Bar on the left!! :) The gurus agree this is BIG for Iraq and big for us too! Stay tuned for more updates shortly! If you are not on the official Dinar Guru RV Alert List now is a great time...it's FREE and I send you all kinds of pre (and post) RV information you need to see. Click Here now to join over 85,000 of your dinar community peers...
10-19-2014 Intel/Newshound Guru Poppy3 GUYS THINGS ARE SHAPING up for a pay day at anytime. HERE IS A VERY DISTINCT POSSIBILITY...AS YOU KNOW PARLIAMENT HAS CALLED THE CBI LEADERSHIP ON THE CARPET AND scheduled them for Monday OR TUESDAY. THEY ARE BEING CALLED ON THE CARPET TO EXPLAIN WHY THEY HAVE NOT RAISED THE RATE AND STARTED REMOVING THE THREE ZERO DINAR FROM CIRCULATION. I SUSPECT SINCE THE BUDGET WAS APPROVED AND SHOULD SHOW IN THE GAZETTE ANYTIME NOW THAT THESE OLD BOYS AT THE CBI WOULD MOVE TONIGHT OR TOMORROW TO START THE REMOVAL TO GET THE HEAT OFF OF THEMSELVES BEFORE THEY HAVE TO APPEAR. WE WILL SEE BUT THINGS REALLY LOOK GREAT FOR US AT THIS TIME.
10-19-2014 Newshound Guru My Ladies THE ISX WEB SITE AND ATTACHED...PDF ADDRESSED TO "THE COMMITTEE OF THE CURRENCIES AND FINANCIAL INSTITUTIONS"...IS AN OFFICIAL DOCUMENT GIVING THE PROOF IN WRITING THAT THE BOARD OF GOVERNORS DID IN FACT ANNOUNCE ABOUT THE UP GRADED SYSTEM OF X-STREAM. IN OUR VERY PRELIMINARY DISCOVERY...BASED ON THE TECHNOLOGY AND THE PARTNERS ON THE PDF IT IS VERY CLEAR THAT IRAQ AND OTHER MIDDLE EASTERN COUNTRIES WOULD ONLY USE X-STREAM TO CONNECT TO NORTH AMERICA. IN OUR OPINION BASED ON THESE FINDINGS WE SEE NO OTHER OPTION FOR IRAQ THAN TO BE INTERNATIONAL WITH A RATE BY THE TIME THE SYSTEM COMES BACK UP ON THE 26TH. [post 2 of 2]
10-19-2014 Newshound Guru My Ladies WELL TODAY IS THE 19TH AND WOULD SEEM THAT WE HAVE BEEN ASSIGNED THE TASK OF DIGGING FOR THE RATE THAT WE ARE TOLD BY ITEAM IS OUT THERE. SO WHERE TO BEGIN? FROM THE ISX WEB SITE ...IS A PDF ADDRESSED TO "THE COMMITTEE OF THE CURRENCIES AND FINANCIAL INSTITUTIONS", FROM THE BOARD OF GOVERNORS THAT HAS GIVEN US THE CLUES WE NEED TO START THE DIGGING. [post 1 of 2....stay tuned]
10-19-2014 Newshound Guru Breitling Everyone is stuck on the ISIS…what people don't realize is that it was triggered by Sunni and Shia groups…they hate each other. It's a civil war…it's not in Iraq it's in the middle east. It's very simple. If we understand this it's not ISIS but a Shia vs. Sunni problem. It's not going to go away…anytime soon. So where does that leave us?…Can they grow their economy under this situation at a fast pace like they were doing before? Can they increase their currency? Absolutely. Can they get it to the $3 rate…with just oil production? They already did before Saddam Hussein started messing around…so those are yes answers.
10-18-2014 Intel Guru Mnt Goat The USA is still pushing for approval to send in more troops as “boots on the ground” to fight ISIS. It is my understanding of the situation this will happen next week as the troops are now already on route to Iraqis soil. There are still many security concerns mainly with the provincial banks. The CBI is not going to RV the currency until they have assurances that these banks can not be raided... Then when can we expect the RV? I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the country of Iraq and its government is stable, secure, non-sectarian and is a functional government. I am no longer saying fully formed government as criteria since I believe this requirement has now been completed. It is the very first “fully” seated government for Iraq since the invasion of 2003. [post 2 of 2]
10-18-2014 Intel Guru Mnt Goat So...Saturday 10/18 a parliamentary source for "Twilight News", has told us that 197 deputies voted in favor of confirming candidate for the bloc Badr Mohammed Ghaban minister of the interior, while the candidate of a coalition of national forces confirmed Khaled al-Obeidi, with 173 votes to the Ministry of Defense. It is finally done! There has been some talk about the budget this week. It did not arrive at parliament as expected this week. It has not been passed. So on Saturday, Finance Minister Hoshyar Zebari said he would work to expedite the completion of the budget of 2014 and sent to the Cabinet for approval, pointing out that the time has come to start work after the completion of the government of Prime Minister Haider al-Abadi. This is all very good news. The next session of parliament is taking place on Tuesday 10/28 and the budget is on the agenda. I would expect this event to be completed at this time or shortly after. We could get the budget next week. [post 1 of 2....stay tuned]
10-19-2014 Newshound Guru Millionday [is the RV reflected in the budget?] I DONT KNOW BUT WOULD EXPECT WITH THE DEBT AGREEMENTS AND ALSO THE CONTRACTS IT WOULD NEED TO BE AT A REALITY RATE FOR THAT TO BE DONE. [What will be their next step of accomplishment?] THEY WILL START DISTRIBUTION OF THE DINAR AND ALSO ACTIVATE ALL LAWS FOR MARKET ECONOMY. [When will they be passing and voting the HCL? And if it is passed and voted on, when will it be posted in the Gazette?] THEY ARE SUPPOSED TO HAVE IT IN PARLIAMENT AT SESSION AND IT IS PRINTED RIGHT AFTER. [post 2 of 2]
10-19-2014 Newshound Guru Millionday THE NEWS IS FANTASTIC...WE HAVE A DEFENSE MINISTER AND AN INTERIOR MINISTER...THE KURDS GOT WHAT THEY WANTED...NOW THEY ARE WAITING FOR THE KURDS TO GET TO WORK WITH THEIR POSITIONS IN THE MINISTRIES AND ALSO HAVE APPROVED THE BUDGET...YES THEY APPROVED THE BUDGET...IT IS NOT IN THE GAZETTE YET UNLESS THEY HAVE PLACED IT AND NOT REPORTED IT AS OF YET. [post 1 of 2....stay tuned]
10-19-2014 Newshound/Intel Guru Arthur It should be extremely plain for all to see now that GOI + HCL = RV. For the very first time we now have the first half of our equation completed with the GOI now all working together as a unified Iraq. With Barzani and his delegation soon to be in Iraq for decisive action on the new HCL draft which will now be easily consented to by all of the newly inclusive blocs, we will finally have our long awaited end to all outstanding differences between the Kurdistan Regional Government and the Federal Government about the oil. Per committee member Kawa Mohammed: "The previous problems between the center and the region will now be resolved in accordance with the preparation of a new oil and gas (HCL)," adding that "the committee is formulating a new law has the consent of all the political blocs to be passed and voted on during the current parliamentary session." This is what we have all waited what seems like a lifetime to see which should provide the international political and economic confidence necessary for the implementation of all monetary reforms which includes a reality market rate for the IQD.
10-19-2014 Intel Guru TD Although Iraq knows their path forward is a market driven economy and diversification from oil dependence, it is way too early amid the chaos of any infusion of foreign capital investments by MNC's. Tourism is non existent. My friend indicates that the CBI (so far) has curtailed through monetary mechanisms any decline in the rate of the dinar BUT that budgetary pressures and continued lack of improvement of the disruptive forces of ISIS could and would yield to unbearable ripple effect pressures on monetary policy going into 2015 as the Financial Times article alludes to. At least in the short term it is quite clear based on all these factors that Iraq simply cannot risk nor pay for any increases in the value of it's currency. [post 2 of 2]
10-19-2014 Intel Guru TD Noteworthy article from THE FINANCIAL TIMES proposes that "Iraq will "almost certainly" run a deficit in 2015". It goes on to say that the GOI could borrow against it's reserves but this would bring upon the risk of increased inflation and therefore weakening it's currency. I had a chat with my Kurdish friend (an economist) regarding such and he confirms that the current budgetary concerns are real and possibly to get worse going forward. Although Iraq is receiving military assistance they are responsible for the tab of rebuilding their military. Unfortunately they are still losing military bases and along with it millions of dollars in ammunition and hardware. Coupled with loss of economic productivity is the declining price of oil. [post 1 of 2....stay tuned]
10-19-2014 Intel Guru Frank26 FOR THE FIRST TIME IN TWELVE YEARS WE HAVE A FULLY SEATED AND FUNCTIONING GOI. KURDS ARE ECSTATIC! THE FINANCE MINISTER IS THEIRS. AFTER THE 19TH, PARLIAMENT WILL HOLD ON MONDAY...AN UNUSUAL SESSION SO SAYS TODAYS ARTICLES. WHY? BECAUSE THE NEW FINANCE MINISTER SAID TODAY THE 2014 BUDGET WILL BE OPENED RIGHT AWAY. THE HCL TOO HAS BEEN DONE ...ONLY NEEDED "SOMEONE" TO IMPLEMENT IT...BUT NO CAN IMPLEMENT IT WITHOUT A RATE. NOT SURE WHEN, BUT WE NEED TO SEE GOI MEET WITH CBI TO TELL THEM THEY HAVE THE LAWS CBI WANTS. THIS MOF [MINISTER OF FINANCE] WAS A BIG KEY TO TURN THEIR CURRENCY INTO SOMETHING OF WORTH ...TO THE INTERNATIONAL WORLD! ITEAM JUST TOLD ME...THE ENVIRONMENT IN BAGHDAD IS AN AIR OF EXPECTATION AMONG THE CITIZENS OF IRAQ!!!
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10-18-2014 Newshound Guru Kaperoni Article: "Mladenov welcomed the completion of the process of government formation" Quote: "The United Nations Mission said in a statement: "the Mladenov welcomes the filling of vacant posts in the Government and the ministries of Interior, defence, finance, culture, tourism and migration, women and the State and the post of Deputy Prime Minister and their oath." Good to see the UN step up and comment right away in support!
10-18-2014 Intel/Newshound Guru Poppy3 FROM WHERE WE ARE TODAY THE HURDLES ARE FEWER AND SMALLER THAN EVER BEFORE. THE BALL IS ROLLING DOWN HILL FOR US AT THIS POINT. THE SPEED AT WHICH THEY CAN GET THIS DONE HAS INCREASED AS WELL... THEY SAY THEY ARE GOING LIVE ON THE ISX IN JUST A FEW DAYS SO WE WILL BE ON ALERT EVERY MINUTE DAILY NOW AS THEY MOVE FORWARD. THEY HAVE RUN THEMSELVES OUT OF MONEY AND NEED THIS COMPLETED ASAP. TIME WILL TELL BUT MY EXPECTATION ARE HIGH THAT IT HAPPENS VERY QUICK. [post 2 of 2]
10-18-2014 Intel/Newshound Guru Poppy3 OK WE GOT MINISTERS AND THEY ARE CONFIRMED. NEXT PROCESS IS TO IMPLEMENT FULL FINANCIAL REFORM PROCESS. THIS MEANS DRAW IN AND REMOVE ALL 3 ZERO NOTES IT ALSO MEANS TO ACCOMPLISH THIS THEY MUST ADD ENOUGH VALUE TO THE DINAR THAT PEOPLE WILL GAIN CONFIDENCE IN THEIR OWN CURRENCY AND START USING IT OVER THE USD. THEY HAVE BEEN REMOVING 3 ZERO NOTE FROM THE STREETS FOR A WHILE NOW BUT MILLIONS ARE STILL IN CIRCULATION AROUND THE WORLD SO THEY WILL NEED 24 TO 36 MONTHS BEFORE THEY STOP EXCHANGING THEM. [post 1 of 2....stay tuned]
10-18-2014 Newshound Guru Stryker Parliament session has been lifted today to Monday the 22ed [Monday the 20th?], where we should start seeing movement on all the stalled laws including and not limited to the HCL, and the 2014 budget approval process. The Budget though should now be front and center in their upcoming agendas. We will as always, wait to see but it all sure looks good to be moved forward since the Federal Courts can not interfere anymore, it's all up the this new government and parliament now. I for one have great confidence that they will do what needs done! As Iraqi dinar investors we have never been in a better spot, a true Iraqi democracy should mean a global Iraq, with a global valued dinar. [post 2 of 2]
10-18-2014 Newshound Guru Stryker FINALLY A FULL SEATED IRAQI GOVERNMENT. Our best chance in seeing the true value of the Iraqi Dinar is finally here. Today was the most historic day for Iraq under this new government headed up by Prime Minister Haider al-Abadi. It was just September 8th, a little over a month ago since Abadi and he’s new cabinet was voted in with confidence as the New Government of Iraq and today he has achieved the formation of the First Real Full Seated Iraq Government. Something Maliki never did accomplish, nor did he ever want too! ...all five Kurdish Ministers were sworn in today as well, making today the most important and accomplished Parliament Session in the history of the New Republic of Iraq. With all ministers now sworn in this gives Iraq a real Government since the liberation of Iraq took place in 2003 and the formation of the new Iraqi Constitution October, 2005. [post 1 of 2....stay tuned]
10-18-2014 Newshound Guru Bondlady ...kurds, before swearing in today, went to the fed gov and wanted assurances they were gonna get their way if they joined the Abadi gov today. they wanted fed rulings on some of the laws in question as well as other Erbril points. the feds said we can't do that yet as it hasn't went thru the (basically) the chain of command yet...fed gov says until this is done our hands are tied. they also gave Abadi 24 hrs from yesterday to bring forth the remaining ministers for the vote to complete the new Abadi government. as we see going through the news this morning that's exactly whats happened. the ministers was brought in and put to the 1st vote to seat them and then the huge laws will be put forward for their votes following the seating. ...with the new Abadi gov all things that weren't done before are all happening now and will soon see the biggest boom of all things taking place in Iraq...
10-18-2014 Newshound Guru tlm724 this is hot off the presses at Parliament "House of Representatives vote on the complete line-up. The House voted Directors held today Saturday, 18/10/2014, headed by Mr. Saleem al-Jubouri, head of the Council on the remaining ministries of government formation. The ministers sworn in the presence of 261 deputies. They are: 1.Mr. Rose Nuri Shaways / Deputy Prime Minister. 2. Mr. Mohammed Salem Ghaban / Minister of the Interior. 3.Mr. Khalid tired Obeidi / Defense. 4.Mr. Hoshyar Zebari / Minister of Finance..."
10-18-2014 Newshound Guru Millionday THEY HAVE MADE HUGE PROGRESS WITH SAFETY IN BAGHDAD. THE EXPO IS GOING ON SO IT CANT BE TOO SCARY OR INSECURE...-- I KNOW IT ISNT IDEAL BUT SEEMS TO NOT STOP THE CONTRACT VISITS.
10-18-2014 Newshound Guru Aggiedad77 It is always really good to wake up to great news about our investment and it seems it is coming rather fast and furious these days...both the Interior and Defense Ministers were voted on in Parliament today and approved...the Kurd ministers were also sworn in...so a triple whammy of sorts...wonder what else this day might bring to us.
10-18-2014 Intel Guru Frank26 We NOW have a COMPLETE GOI.
10-18-2014 Newshound/Intel Guru BGG [I know the ministers were voted on but does anyone know if they were sworn in as well?] It appears they have been...given "confidence" by the Parliament is the biggest thing. It has been reported the Kurdish MP's were sworn in as well. It is massive news.
10-18-2014 Newshound Guru wmawhite Breaking News...Ghaban Interior Minister, Obeidi Defense Minister: "BAGHDAD / NINA / House of Representatives voted in its session today to approve the nomination of the ministers of interior and defense. A parliamentary source told the National Iraqi News Agency / NINA /: "The House of Representatives voted on the candidates for the Ministry of Interior, Mohammed Ghaban by 197 votes and Defense Minister Khaled al-Obeidi by 173 votes,"
10-18-2014 Newshound Guru My Ladies THE BUDGET AND THE OIL AND GAS ARE TIED TOGETHER SO ARE THE BUDGET AND THE MINISTERS. ...I THINK WE CAN CONFIRM THE TIME LINE WITH OIL AND GAS UNDER WRAPS IN OUR OPINION THE MINISTERS ARE RIGHT BEHIND THE DROPPING OF ZEROS WHICH WILL SHOW THE RATE, WHICH WILL OPEN THE BUDGET, AND THE MINISTERS WILL POP OUT. LET’S ALL WATCH PARLIAMENT SESSION TOMORROW [SATURDAY]...IF KURDISTAN SWEARS IN THEIR MINISTERS TOMORROW AT THE PARLIAMENT SESSION THAT WILL TELL US MANY THINGS.
10-18-2014 Intel Guru TNT Tony The CBI and finance minister are being asked in parliament why this hasn’t been done. There are at least two other issues being resolved behind the scenes, and one has to do with security and the other has to do with politics. The security one is actually involved with the currency. They are getting closer and closer to getting this done. It was supposed to be Thursday, then today, and we may not see it until Sunday. It still could be any time. Hopefully this is the time, it’s been scheduled every day, so we’ll see what happens this weekend. Everyone is prepared and in place, and it should happen.
10-18-2014 Intel Guru DC As for the rates...There are some saying the dinar will be about one dollar to start with, rising to three dollars. Bottom line, we told you $3.58 was announced everywhere, and loaded on the cards starting October 1. Last Friday afternoon, from multiple sources, we heard that the US loaded about one dollar into their system and through the banks...the US has done this before to force the issue, as a negotiation point. So those saying “it’s $1 now”, that is technically true, but it’s only a negotiating tactic to force a function. I think we will see it at the middle-threes or come out at a dollar, but if so, there is no way it will stay at a dollar. In all these years, the price has always been $3 or higher. I strongly suspect it will be changed back up to the agreed rate. Just this week, there have been discussions about “dinar and dong only, and the rest will go some time”...if that will actually happen, nobody knows. [Have you heard a rate for the dong lately?] The rates we have heard are pretty phenomenal for the dong – higher than I ever expected they would be. [post 2 of 2]
10-18-2014 Intel Guru DC [via Adept1] In Iraq, there were announcements to be made on Thursday, formally announcing the interior and defense ministers, and also some other formal announcements. That was supposed to trigger the CBI actions as well. Lo and behold, everyone got together and said, “well, let’s hold it off to Friday or Saturday”. That is the supposed to be the precursor to the RV. Banks are ready and prepared all over Iraq. ISIL is a serious issue, but they are being pushed back, although there have been some strikes near Baghdad. Everyone I have talked to in intelligence and the military say they don’t have a chance, they are just an annoyance. They are not that concerned. The UST, law enforcement, intelligence are all on super-high alert to get this done now – they ramped back up yesterday and today, watching the screens and phones until this gets done. The banks are ready and doing the same thing as the other agencies. [post 1 of 2....stay tuned]
10-18-2014 Newshound Guru My Ladies I GOT A CALL ...ASKING IF I WAS WATCHING THE NEWS. THEY ARE TALKING ABOUT CENTRAL BANKS AROUND THE WORLD CO COORDINATING TO RESET INTEREST RATES. ...THINGS ARE COMING OUT IN MAIN STREAM MEDIA. ...IT IS MY OPINION THAT THINGS DO NOT HIT PRINT THAT ARE IN PROCESS, WHEN THEY SAY THINGS ARE COMING, THEY MEAN THEY ARE HERE AND WE ARE JUST ASSIGNING CREDIT BY PRINTING IT. IN OUR OPINION WE ARE VERY CLOSE FROM EVERY CORNER...
10-17-2014 Newshound Guru Millionday THE MINISTERS ARE TO BE SWORN ON SATURDAY AND THIS UNIFICATION WITH THE KURDS AND IRAQ IS GOING TO CREATE A FORCE -- A UNIFIED FORCE. I COMPLETELY EXPECT THE SWEARING OF MINISTERS...WE SHALL SEE WHAT THE RESULTS ARE AS SOON AS TOMORROW.
10-17-2014 Newshound Guru Kaperoni It's absolutely imperative that the CBI open the banking system (IMF Article VIII) for the market economy to succeed. They "must" move to a new Exchange Regime (some kind of float) when they transition. The dinar will rise as a result of capital investment..no "ifs", "ands" or "buts" about it.
10-17-2014 Newshound Guru Mnt Goat Update on the Currency Reform Project: A member of the parliamentary Economic Committee, Najiba Najib made a request for implementation of the “project to delete the zeros” from the currency. The Commission asked for the economy and investment representative, earlier, the central bank need to begin the process of deletion of zeros from the currency to raise its monetary value. Also there was a request from the Finance Committee to do the same this week. At last we are hearing once again, and in public eye this time, the need to address currency reform. [post 3 of 3]
10-17-2014 Newshound Guru Mnt Goat Quick ISIS Update: in today’s session of parliament Iraq are now seriously talking about a possibility of letting western troops back into Iraq...they are beginning to discuss the possibility that it is no longer an issue to not allow western troops back into Iraq, it is almost now a necessity. I believe this will occur very soon...the USA already has agreements with Iraq to provide long standing security with Iraq. I believe that US Forces are now ultimately going to return to Iraq (in force) to fight ISIS sometime soon in fall of 2014. It is not a matter of “if” but “how soon”. I think this too is a key to seeing the RV. [post 2 of 3....stay tuned]
10-17-2014 Newshound Guru Mnt Goat On Wednesday 10/15 we were supposed to see the candidates once again presented to parliament. ...Prime Minister Haider al-Abadi asked parliament once again to extend the deadline to provide the names of the security ministers to within 24 hours. It was granted. So once again the vote for confirming these last two critical positions in Abadi’s cabinet is postponed to next Saturday’s session on 10/18. Abadi wants to make darn sure this time his candidates will be accepted. He needed yet more time to negotiate with the National Alliance so they will vote and confirm is his favor. [post 1 of 3....stay tuned]
10-17-2014 Newshound/Intel Guru Bluedog I've been in this too long to get too excited, but the news is looking really good.
10-17-2014 Newshound Guru Backdoc ONCE THIS FINAL ISSUE IS RESOLVED WE WILL SEE THE BING, BAMM,BOOM! REALIZE THIS ALSO MAY RESOLVE AND HAPPEN AFTER THE 18TH AND PRIOR TO THE 26TH. AN INTERNATIONAL RATE WILL HAVE TO BE AT THE BANKS FOR SURE IF IRAQ IS LIVE ON THE NASDAQ!! THERE IS NO OPTION TO THIS ISSUE. THE ONLY POSSIBILITY THAT MAKES SENSE IS THAT IT WOULD AT LEAST HAVE TO NEED TO BE AT THE TELLER SCREENS BY THAT POINT AS WELL. COULD THE BANKS PUT A HOLD ON IT TO PUBLIC AT THAT POINT? I DON'T KNOW BUT IT SEEMS UNLIKELY IF STOCKS ARE BEING TRADED IN THE NEW REALITY RATE!! [post 2 of 2]
10-17-2014 Newshound Guru Backdoc WITH THE STOCK EXCHANGE SHUTTING DOWN ON THE 19TH TO THE 26TH, I'VE NEVER BEEN MORE HOPEFUL FOR AN INTERNATIONAL RATE! ...ONCE THE IRAQ STOCK EXCHANGE GOES LIVE ON THE INTERNATIONAL PLATFORM THROUGH THE NASDAQ A RATE MUST BE INTERNATIONAL! THAT'S THE GOOD NEWS! THE BAD NEWS IS IF THEY FAIL TO RESOLVE THE SEATING OF THE MINISTERS, THE MARKET WILL NOT GO INTERNATIONAL! THE PRESSURE IS ON THE NATIONAL ALLIANCE TO COMPLY ON THE MINISTER ISSUE. REMEMBER, THE KURDS ARE WATCHING AND WAITING TO BE "ALL FOR ONE AND ONE FOR ALL".MY GUESS IS THEY WAITING IN THE WINGS OF PARLIAMENT. [post 1 of 2....stay tuned]
10-17-2014 Newshound Guru Stryker QUOTE: "enable Parliament to submit proposals laws means that only the government has the right to submit bills and we are now waiting for them to prepare all the bills that was on the level of security or service in order to begin the procedures of legislation." Maliki had he's corrupt judge hold everything back and why we never saw the RV take place under he's tenure is my point, but that is over now! The NEW GOI is in charge of Iraq's future NOW! The first day of Iraq's new history starts tomorrow in my opinion friends! [post 2 of 2]
10-17-2014 Newshound Guru Stryker Article: "Kurdistan Alliance: Federal Court made the Parliament restricted hands in approval of Laws" QUOTE: Najib said that "the decision of the Federal Court is not empowered and enable Parliament to submit proposals laws means that only the government has the right to submit bills and we are now waiting for them to prepare all the bills that was on the level of security or service in order to begin the procedures of legislation." This...article could be arguably the most important article in the history of our investment in the Iraqi Dinar to date. This is great news my friends because the courts are now out of it and it is all up to Abadi's government to move THESE MOST IMPORTANT LAWS FORWARD... [post 1 of 2....stay tuned]
10-17-2014 Intel/Newshound Guru Poppy3 TOMORROW SHOULD BEAR GREAT FRUIT FOR OUR VENTURE. WE SHOULD TAKE A GIANT STEP FORWARD IF THEY DO WHAT THEY SAY.
10-17-2014 Newshound Guru tlm724 Article: "Najiba Najib: the dispute between Erbil with Baghdad on oil exports almost settled" Quote: "revealed a member of the parliamentary finance committee for the Kurdistan Alliance Najiba Najib, on Thursday, that the outstanding problems between the central government and the Kurdistan region on oil exports 'almost settle'..." thats coming from a finance minister and a kurd. Article: "Minister to postpone the vote on the Kurds to next Saturday". Kurds will get sworn in when they settle with Baghdad which will lead to a vote on the budget, that's how I see it.
10-17-2014 Newshound Guru Millionday PARLIAMENT HAS CALLED ON THE HEAD OF CBI TO COME BEFORE THEM TO EXPLAIN WHY THE 3 ZERO CURRENCY HAS NOT BEEN REMOVED AND WHY THE VALUE HAS NOT BEEN RAISED -- ALSO AN ANNOUNCEMENT HAS BEEN GIVEN THAT THEY ARE PREPARED AND ARE READY FOR THE DINAR TO BE RAISED TO A REALITY RATE AND THAT THEY ARE PREPARED TO MOVE TO A MARKET ECONOMY -- ALSO THE ISX HAS ANNOUNCED THAT THEY WILL BE CLOSED UNTIL THE 26TH OF OCTOBER TO UPDATE TO X-STREAM -- THIS IS TO DO WITH THE OMX NASDAQ PLATFORM THROUGH NEW YORK OR OF NEW YORK STOCK MARKET -- ...WE CAN SAY THAT THEY HAVE EXPANDED TO A GLOBAL PLATFORM AND THIS IS VERY EXCITING AND ENCOURAGING...DUE TO THE NEED FOR A REALITY RATE OF THE DINAR TO DO FAIR TRADE WITHIN THE GLOBE.
10-16-2014 Intel Guru TerryK HEARING A LOT OF STUFF THAT THIS MAY GO DOWN TONIGHT OR TOMORROW. HEARD O HAS HIS SHORTS WADDED UP BECAUSE HE TRIED TO STOP THIS AGAIN AND CHINA SAID I DON'T THINK SO. IF THESE...SOURCES HAVE THEIR CxxP IN LINE THIS TIME I THINK WE ARE IN FOR A DANG GOOD WEEKEND.
10-16-2014 Intel/Newshound Guru Poppy3 I EXPECT TO SEE RATE ANYTIME BUT WILL FEEL BETTER WHEN THE GET THE MINISTERS SEATED. I JUST DON'T HAVE THE TIMING OF WHEN BUT I CAN TELL THAT TIME IS VERY CLOSE.
10-16-2014 Newshound Guru tlm724 Article: "Jubouri reveals the nomination of Mohammed Salem Ghaban to the Ministry of the Interior" looks like we have an interior minister...Jubouri reveals the nomination of Mohammed Salem Ghaban to the Ministry of the Interior and agreed on a candidate to defend Khalid Obeidi, expect to vote on the security ministries next Saturday...so it may not be as quick as we want but it is getting done.
10-16-2014 Intel/Newshound Guru Poppy3 NEWS FOR WEEKS NOW HAS BEEN EXCITING AND ALL POSITIVE. NO ONE OR NO GROUP IS HOLDING IT OFF, IT JUST ISN'T THE TIME YET BUT IT IS APPROACHING EVERY DAY AND THE NEWS ALL BACKS THAT UP.
10-16-2014 Newshound Guru Millionday Article quote: "Nabil Elaraby, Secretary-General of the League of Arab States, will travel to Iraq, next Sunday..." THE ARAB WORLD IS COMING ON SUNDAY IT APPEARS... THE VISIT WAS PLANNED EARLIER BUT THEY DID NOT HAVE ALL OF THE NEW GOV -- SO IT APPEARS THEY EXPECT TO HAVE THAT DONE...
10-16-2014 Newshound Guru tlm724 I would almost bet that the CBI will say we just need to make a few amendments to the current CBI laws on the books to protect our wealth from terrorism and forgery and we are ready to rock and roll and you know once they seat the kurds in parliament making those amendments won't be hard at all, new players, new attitude, new Iraq! If there was ever a time this is it and those that know me know that I have NEVER been this excited! I have never given a window either but we are close and I feel that we will be good to go by the first quarter of the new year, January even if not before, jmo. [post 2 of 2]
10-16-2014 Newshound Guru tlm724 Article quote: "the coming days will witness the hosting Iraqi Central Bank Governor Ali agency relationships, in order to discuss a mechanism to delete the zeros." The GOI is ready and wants to move this project forward thats what this means "in order to stand on this file and how to deal with him in the coming period" I am very excited! I feel very good things coming our way, our patience is about to pay off. The GOI, Abadi and the CBI are all making sure the transition into a market economy is as smooth as possible, the ISX is getting ready to rock out the X-Stream platform ( Nasdaq) all the pieces of the puzzle are coming together. [post 1 of 2....stay tuned]
10-16-2014 Intel Guru TNT Tony There is nothing stopping this from happening – no reason within the process. If it stops it’s for outside reason, to accomplish something else. It should have happened yesterday. Iraq is ready to do this. Monday evening was rescheduled for Thursday. They keep posting this on their television, giving people different explanations. Now, today, the CBI and finance ministers talked for quite a while about how this is ready. So it is not Iraq. This has gone back and forth. They did ask for the extension over the weekend, but they were ready again by Monday. It’s a constantly moving target. There is a window and a time for it to be taken off hold. [post 2 of 2]
10-16-2014 Intel Guru TNT Tony [via Adept1] We put 10-12 years into Iraq in order to get a monetary return and a future. ISIL has taken on a life of its own, much father and faster than expected, but we’re still not going to let Iraq fall into ISIL’s hands. Now the news is talking about Baghdad being surrounded, and at the same time we know that there are over 80 representatives discussing how to rebuild Baghdad and the Iraqi economy, and people think that Baghdad is about to be overrun by Friday?! What is the reasoning for painting that picture? On Saturday, Fox News put out an articles saying that the two final ministers had been named, and...the Budget has been passed and will be formally announced on Thursday. [post 1 of 2....stay tuned]
10-16-2014 Intel/Newshound Guru tman23 The only way a RV happens in the short TERM is we need to see US BOOTS ON THE GROUND with foreign countries also. [Is...what you're saying you don't think this thing is going to happen until there's boots on the ground which probably won't happen until the first of the year?] I think we need to wait and see if any monetary change takes affect and we get notice Tuesday Nov 4th...day after our Fed Board meets on foreign exchange rates...And the week the Kurds should receive first payment to the region. When I say Nov 4th...it is because of several events that are lining up before that week and during that week...and not all of it pertains to Iraq but rather ties into a bigger ribbon that includes other agencies outside of Iraq...And if I were to bet I would wager on the First week of Nov as of right now...this is all IMHO! [post 3 of 3]
10-16-2014 Intel/Newshound Guru tman23 Here is what is confusing...I am told that between Erbil and Baghdad the roads are open and safe to travel now and trade and shipping transfers have resumed...There have been no incidents reported for weeks...So just how much of what is happening is being over cooked? We know Sunni territory is where the heat is...US coalition wants boots on the ground and extra security. [post 2 of 3....stay tuned]
10-16-2014 Intel/Newshound Guru tman23 IMO...There will not be an RV until foreign boots are able to assist Iraq with security on the ground...And reports are being whispered that yesterday...21 countries said yes to boots on the ground...Iraq can say no all they want...But be assured that 21 nations are not interested in Iraqi pride being the dictator to how the nations should proceed and spend their money in military assistance... Simple terms...How many of you think a US Bank or US Treasury are going to give you huge sums of USD for IQD and risk their bottom line on the ASSUMPTION that Iraq will eventually get the security situation under control...NO WAY IN EVVVVER...Banks want collateral and security and Iraq lacks security which jepordizes their collateral. [post 1 of 3....stay tuned]
10-16-2014 Intel Guru DC The cards are still at $3.58... They have voted on a lot of laws, and they are finishing up passing laws now related to the RV and the Budget. That should be published tonight or tomorrow; it’s not required for the RV but it helps. ISIL is still in the country; there have been setbacks, but...this is a manageable situation. They are not surrounding Baghdad, and that is mainly for the press. There are some serious battles, but throughout the province rather than IN Baghdad. US banks are cued up and ready. Some banks have full staff ready, some have people on 30-minute call-back. Every organization has trained staff, and they are all exhausted and ready to get this done. Everything looks really nice. We are quite ready to get this thing going. [post 2 of 2]
10-16-2014 Intel Guru DC [via Adept1] The GOI and CBI set this off on Monday night, sending the GO instruction to the BIS and IMF. Their boards are controlled by the US, more or less. They don’t have much day-to-day influence, but they do have some say on the RV+GCR. IMF was fine, but the BIS had someone say “Well…” and they stopped the process. In terms of Iraq, there are explanations on television saying they are ready for its international banking and currency reform, everything is ready and fine. They are basically saying this is going to go at any time – that’s on TV right now, and it’s coming from the PM, the CBI and a few others like the finance minister. That looks really good, and it puts pressure on everyone else. [post 1 of 2....stay tuned]
10-16-2014 Newshound Guru Adam Montana Ministers of Interior and Defense still not seated..this one surprised me. Abadi and the entire GOI seemed to be on a massive fast-track right up until about 2 weeks ago, an now we're seeing them stall on these two appointments. Fortunately, it's a simple process - they vote for candidates and Abadi chooses. I don't foresee this taking too much longer, as things continue to move reasonably smooth in Iraq, despite what this one situation would lead you to believe. GOI could be moving a little faster, but things are getting done at a faster pace than anytime in the last 8 years.
10-16-2014 Newshound Guru Millionday [Can Iraq rebuild their economy without an RV? ] IF THEY REMAINED WITH BORDERS CLOSED AND HAD NO MARKET ECONOMY THEY COULD FREEZE IN TIME -- NOT GOING TO HAPPEN. THEY CAN NOT REBUILD THEIR ECONOMY WITHOUT A REALITY RATE AND THE GLOBE DUE TO THE WORLD ECONOMICS AS WE KNOW IT TODAY...THEY ARE PREPARING FOR THE USE OF THEIR NEW DEMOCRACY AND ALSO INTERNATIONAL COMPLIANCE TO MONOPOLIZE ON THE GLOBAL MARKET AND THE WTO -- SO GETTING ALL OF THOSE REGULATIONS DONE AND IN PLACE WOULD BE WHY WE HAD TO WAIT...
10-16-2014 If you're new to the dinar or if you feel lost, be sure to check out the Start Here Tab at the top of this page....lots of information about the dinar in there including Dinar Myths...
10-15-2014 Intel Guru WILDDUCK THE SYSTEM FROM MY POINT OF VIEW IS ON TIME AND HEADING TO A CONCLUSION.
10-15-2014 Intel/Newshound Guru Randy Koonce Iraq's rate will be based on commodities in Iraq of which they have to develop. So that being said will Iraq be 4 dollars one day,,, Yes but it will be 3 to 4 years after the RV of the currency…You will not make a 30 dollar rate off the dinar RELAX .50 was a miracle…Now to discuss when... as you know this is event driven not date driven…WE believe the Minister will Show tomorrow and if they do then we look for the RV by Monday...NOW I do use the word if again because our Government might get involved and get the iraqis to move the parliament again…we expect the rate low .80 to 1.20 this rate will remain for a couple of months then it will go above the 3 dollar rate...if we get to Tuesday and no RV I will find out why and drop out another note…We are close.. Every large bank will exchange…
10-15-2014 Newshound Guru Adam Montana …what we need is a REAL LEADER to stand up and say "We need to defeat these bad guys, so who is with us?!" - and we don't have that leader. So unless another country steps up to the plate (which never seems to happen), or something insanely dramatic happens to FORCE the world to act, we're looking at another 2 years of "the same"…Eventually major action will be taken, ISIS will be handled, and in the meantime Iraq is still making headway... so all is not lost. [Post 2 of 2]
10-15-2014 Intel/Newshound Guru Frank26 THE ARTICLE FROM THE GOI IS EXPLAINING THAT THE 2014 BUDGET IS STUCK ...IT NEEDS TO BE FIXED IN ORDER FOR THE 2015 BUDGET TO COME OUT CORRECTLY…THEY WILL HAVE RE- CALCULATE THE WHOLE BUDGET!!! INDEED ... THEY ARE... JUST BEFORE THEY RELEASE A NEW RATE…GOI IS EXPLAINING "THE FEDERAL DRAFT BUDGET LAW ". THEY ARE EXPLAINING CAREFULLY THAT THEY NEED TO AMMEND VIA THIS LAW THAT THEY ALREADY PASSED ( WE ARE PAST THE LAWS!!!) THE 2014 BUDGET TO PUT THE 2015 BUDGET IN PROPER ......... ALINEMENT…FOR THE ...."VALUATION OF THE CURRENCY".... AMEN... AMEN... AMEN. THE LAWS ( I KEPT TELLING YOU!!!) WERE NEEDED FIRST ..... THEN YOU WOULD SEE THE NEW RATE. SORRY...NOT DONE YET....THERE ARE FOUR LAWS THEY WILL DEAL WITH TOMORROW AND THE FEDERAL DRAFT LAW IS ONE OF THEM!!! THEY ARE A VALUATION OF IRAQ'S CURRENCY BY THE APPROPRIATE LAW TO MAKE IT ACCEPTABLE WITHIN THEIR 2014 AND 2015 BUDGETS.
10-15-2014 Newshound Guru Adam Montana (WARNING: I'm about to rant on ISIS. Doom and Gloom ahead!) ISIS not defeated, but not making much headway in Iraq. Weeks ago people were screaming and hollering about ISIS being 20 miles from Baghdad... Baghdad still hasn't fallen, so draw your own conclusions there…ISIS is manageable, and I'm confident that they will be dealt with eventually... but unfortunately it's going to get worse before it gets better…Here comes the bad news... [Post 1 of 2 stay tuned for the rest of the story]
10-15-2014 Intel/Newshound Guru Backdoc UNLESS FRANKIE [GURU FRANK26] HAS SOME KNOWLEDGE ON THE LAUNCH RATE WE NEED TO BE READY JUST IN CASE THEY DECIDE TO USE A FREE FLOAT MECHANISM! IF THEY START OUT AT A BUCK... REMEMBER THAT WE HAVE HAD IN PRINT THAT THE WB, UST, TURKEY CENTRAL BANK, AND THE IMF WILL SUPPORT THE VALUE OF THE DINAR!!! SMILE.
10-15-2014 Newshound Guru Kaperoni Article: "Iraq Stock Exchange stopped trading session starting from October 19 to launch electronic trading system "x-stream" If I recall this was suppose to go into effect early 2014 and put off to this fall. Again, when the banking system is stalled, it appears to slow down progress in all areas. Activation of investors outside of Iraq into the Stock Market is critical..Xstream is important to the success of that.
10-15-2014 Intel/Newshound Guru tman23 A few facts ...Fed Board of Governors had an emergency 2 day notice special closed meeting 10/6... meeting dealt with "internal banking procedures and fees/rates" and a topic of foreign exchange...News surfacing that the US, Europe and Japan banks are exercising protocols this week and next in preparation for a "run on the banks"...( I will not speculate as to why the aforementioned facts are happening now but I do find timelines coincidental...And...IMO, The news of the Kurds taking 5 days to select and debate their ministers in Baghdad is "smoke"...All this was agreed to some time ago...But another FACT you can speculate on is the Kurdish government is preparing a full territory financial inventory report that will be turned over to Baghdad by end of this week...These are FACTS...How you assemble and view it is entirely up to you...
10-15-2014 Intel Guru Bluwolf According to all in the spectrum of all involved everything is certainly positive...We my friends are on a very high level and the time given to the US to get her done is ticking and running down...There is a new sheriff in town (BRICS) and they are getting things done.
10-15-2014 Newshound Guru Millionday IRONICALLY THURSDAY IS LISTED AS THE LAST DAY AND THEN THE OPENING OF THE OLD SYSTEM WILL BE UPDATED AND READY WITH X STREAM ON THE 26TH OF OCTOBER. KNOW THAT IS TEN DAYS AND WILL BE TESTED AS WELL. SO THIS OF COURSE WITH ALL THAT WE ARE SEEING AND THE ANNOUNCEMENT OF THE PREPARATION BEING DONE FOR IRAQ` S REALITY FINANCIALLY --- THIS IS RIGHT ON TIME. [the statement about the 26th, does that mean that we have to wait for the 26th?] NO THAT MEANS THAT IS THE DATE THAT ISX WILL OPEN FORMALLY. WE WILL NOT HAVE TO WAIT FOR IT AT ALL -- WHEN CBI RELEASES THE RATES IT WILL BE DONE -- THEY NEED THE CALCULATIONS OF THE IRAQI DINAR FOR THEIR STOCK MARKET DUE TO INTERNATIONAL TRADE LAWS. [post 2 of 2]
10-15-21014 Newshound Guru Millionday [...true or not...Iraq Stock Exchange stopped trading session starting from October 19 to launch electronic trading system "x-stream" October 14, 2014: To be the last session of trading in the market on Thursday, October 16 and then return in trading Thursday 23rd October?] THIS IS THE NEEDED TIME LAPSE TO PLACE IT ON THE MARKET GLOBALLY AND THE X-STREAM IS A HUGE HUGE MOVE AND ALSO GREAT NEWS FOR US ALL. [ the esx and isx are going international with a rate?] THE ISX AND ESX WHEN THEY GO GLOBAL WILL HAVE TO HAVE A FAIR TRADE PRICE OF REALITY FOR THE DINAR BECAUSE IT IS THEIR LARGEST PRODUCT AND WILL REQUIRE IT. THE STOCK EXCHANGE WILL HAVE THE RATES ON IT WHEN IT GOES GLOBAL LIKE THIS >>> IQD/USD, AND SO FORTH -- THE RATES MAY BE RELEASED BEFORE ISX IS JOINED TO THE GLOBE BUT THEY WILL BE SET FOR THE GLOBAL ENTRY SO ALL CAN TRADE AND INVEST FAIRLY. [post 1 of 2....stay tuned]
10-15-2014 Newshound Guru tlm724 Article quote: "Announced that the Iraqi Stock Exchange to halt trading as of October 19 and next to the launch of the electronic trading system "x-stream", which will start as of Sunday, October 26 next." the ISX is transitioning onto the X-Stream Nasdaq platform.
10-15-2014 Newshound Guru Kaperoni Article: "Najib: the exclusion of the inclusion of the draft budget in the parliament session Thursday" Was it not a year or so ago when the IMF and World bank came out and told Iraq they were playing with fire being so dependent on oil? Well, will [with?] oil dropping that prediction is now coming true and Iraq is in a real bind. They better push them laws through and open the market economy. This budget should be a no brainer...get it done and move on to 2015. I believe these budgets in years past were calculated at $65 or $70 a barrel to avoid such shocks. So they are all good with he math...so far.
10-15-2014 Newshound Guru My Ladies Article: "Officially .. 20 countries participate in the Baghdad International Fair, and more than a thousand company" WOW!! SO FAR 20 COUNTRIES ARE PARTICIPATING IN THE FAIR. VERY NICE LINE UP. BUT WAIT…DIDN’T THE NEWS SAY THAT ISIS IS AT THE GATES OF BAGHDAD? DON’T BELIEVE EVERYTHING YOU SEE ON TV.
10-15-2014 Newshound Guru Millionday THE PRESIDENT OF IRAQ IS GIVING A TELEVISED SPEECH TOMORROW [WEDNESDAY] AND HAS NOT SAID ABOUT WHAT YET BUT IS TO BE VERY IMPORTANT. ...BE VERY HAPPY OF WHERE WE ARE AND THAT CBI ANNOUNCED AND SO DID PARLIAMENT THAT IRAQ IS READY FOR THE REALITY FINANCIALLY AND ARE READY TO RAISE THE VALUE OF THE DINAR AND ALSO THE MOVE TO A MARKET ECONOMY (SUPPLY AND DEMAND). A HUGE WHOOOPOW...THEY SEEM TO BE VERY EXCITED AND HAVE GOTTEN SO MUCH DONE. [post 3 of 3]
10-15-2014 Newshound Guru Millionday THE OIL AND ENERGY SECTOR GOING GLOBAL IN THE MARKET AND FUTURES WILL REQUIRE EXCHANGE RATE REALITY. THERE IS NO WAY AROUND THAT THE DINAR HAS TO RAISE IN VALUE OTHER THAN INTERNATIONAL ECONOMIC LAW COMPLIANCE. THE DINAR HAS TO BE RAISED IN VALUE IN ORDER TO ENTER THE GLOBAL MARKET AND GUESS WHAT? THEY ARE ENTERING THE GLOBAL MARKET. [post 2 of 3....stay tuned]
10-15-2014 Newshound Guru Millionday RIGHT NOW WE ARE WAITING FOR AN ANNOUNCEMENT THAT THEY ARE READY WITH EVERYTHING AND THEY ARE MOVING NOW TO A MARKET ECONOMY AND WITH ALL REFORMS. THE BANKING SYSTEM IS TO A POINT THAT IS PREPARED TO INTRODUCE THE ECONOMIC AND EXCHANGE RATE REALITY. THE DELAY IN ACTIVATING THE ISX AND ESX HAS COST STOCK HOLDERS AND IT IS TIME TO CHANGE THAT. SO THEY ARE MOVING FORWARD WITH THE BANKING REFORM AND WITH CBI APPLYING THE EXCHANGE RATE...IT DOES NOT SAY WHEN...IT SAYS THEY ARE READY...THE CBI HAS ALL OF THE REGULATIONS READY TO INTRODUCE THE REALITY OF THE IRAQI DINAR. [post 1 of 3....stay tuned]
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