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4-19-2015 Newshound Guru Mailman17 DINAR INSIDE IRAQ IS AT THE LEVEL THEY ARE SATISFIED WITH. THE Q CARDS ALONG WITH MOST LIKELY 75% OF SALARIES WILL BE ELECTRONIC. CASH WILL STILL BE NEEDED ON THE STREETS BUT NOT AT WHAT YOU THINK. AND THE PREVIOUS MEETING WITH ABADI AND EVERY MAJOR BIG COMPANY IN THE U.S. WENT OFF WITHOUT A HITCH. THEY ARE READY TO COME IN, AND THEY WILL NOT COME IN WITHOUT A STABLE, REVALUED, INTERNATIONALLY RECOGNIZED DINAR. THE PEOPLE IN IRAQ ARE READY, THE GOI IS READY, THE CBI IS READY, IMF AND WB [WORLD BANK]ARE READY..AND SO ARE WE. STAY FOCUSED, THIS RIDES OVER...AND IT SEEMS THAT PESKY LITTLE 86 CENTS I HAVE BEEN FORECASTING FOR 7 YEARS NOW JUST MAY BE WHAT WE ARE LOOKING AT FOR THE RATE AS ALWAYS..JMO (BASED ON NEWS AND FACTS) NOT INTEL. [post 2 of 2]
4-19-2015 Newshound Guru Mailman17 ABADI HAS STATED MORE THAN ONCE THAT HE WILL NOT...REPEAT NOT WAIT FOR ISIS TO BE CLEARED OUT TO START MONETARY REFORMS. YES, SECURITY IS IMPORTANT, BUT ABADI MUST KNOW A LITTLE MORE ABOUT THIS THAN ANYONE ELSE FOR HIM TO MAKE SUCH A STATEMENT LET ALONE INFORM IRAQS THE SAME. THE IMF, WORLD BANK AND O [OBAMA] HAVE COME OUT REFUTEDLY SAYING IRAQ IS READY AND WE HAVE YOUR BACK FOR YOU TO IMPLEMENT...NOT THINK ABOUT, NOT PLAN, NOT HAVE MEETINGS, NOT DISCUSS...BUT TO IMPLEMENT, EXECUTE, AND MOVE TO A MARKET ECONOMY...NOW..NOT LATER. APRIL 30TH IS COMING UP. THE KURDS HAVE WHAT THEY WANTED ALL ALONG...THE HCL, THE BUDGET IS DONE AND OUT, AND ISIS SHOULD BE DEALT WITH AND UNDER CONTROL ENOUGH FOR THE RV TO BE IMPLEMENTED. THAT IS WHAT THE NEWS TELLS US. [post 1 of 2....stay tuned]
4-19-2015 Newshound Guru Millionday MANY AGREEMENTS ARE INCLUSIVE OF OTHER ISSUES INCLUDED IN OTHER LAWS AND AGREEMENTS -- WHICH IS WHAT MAKES THIS SUCH A HUGE PROJECT --- ALL AT THE SAME TIME TO BE COMPLIANT. I THINK THAT THIS IS GOING TO RESOLVE THE HCL AND WE WILL SEE IT AS WE HAVE BEEN TOLD THIS IS TO BE ON THE AGENDA WITH ALL THE IMPORTANT LAWS. I JUST DONT THINK THIS IS THE HCL. ABADI PUBLICLY ANNOUNCED COMPLETE COMMITMENT FOR ALL REFORMS UPON RETURN SO I THINK IT APPEARS AS -- THIS LACK OF PAY AND OIL WILL GO AGAINST THE CONSTITUTION... AND THEY ARE GOING ABOUT THIS RIGHT AND CHANGING IT NOW... THE UNITY IT SHOWS IS HUGE HUGE AND VERY IMPORTANT. [post 2 of 2]
4-19-2015 Newshound Guru Millionday "the oil agreement between the federal government and the Kurdistan region became law and published in the Iraqi Gazette on according to the Iraqi constitution," denying non-delivery of the provincial government of Baghdad and imports nearly two million barrels of oil exported during the past months. " I WOULD LOVE TO SAY THIS IS THE HCL BUT IT IS NOT THE ENTIRE HCL... THE HCL IS INCLUSIVE OF MANY AGREEMENTS -- NOT JUST THE OIL AGREEMENT BETWEEN THE KURDS AND IRAQI FEDERAL -- BUT ALSO THE INTERNATIONAL AND FINANCIAL AND MARKETING AS WELL -- ALL ASPECTS OF HYDROCARBON AND OIL LAW TO DO WITH IRAQ. THE AGREEMENT IS JUST BEING AMENDED SO ALL ARE COMPLIANT...AND THEY ARE REACTING AS A UNIFIED GOVERNMENT. [post 1 of 2....stay tuned]
4-19-2015 Intel Guru EXOGEN Rumor that Abadi may have made a soft Announcement and the main Announcement to citizens of Iraq and the World is projected to be completed within the next 24-48 hours. Abadi Announcement is rumored to be approved by the G20 already.
4-19-2015 Intel Guru Mnt Goat The Abadi trip to the USA was very successful and set the ground work for the good that lays ahead in the coming weeks. As commander and chief of the military he was inundated with yet with more bad news of ISIS and the inability of the Iraq generals to take command and get the job done. Sorry folks no RV this weekend and for the next couple weeks maybe months, at least. All these rumors of a pending RV are just that RUMORS! On the flip side Abadi did make a speech today to the citizens of Iraq. In the speech he said next week he is going to announce a huge initiative that will solve all the economic issues for Iraq. Personally I do not think it is going to be the RV announcement we wait for but who knows for sure. On the other flip side we all should know by now that the 2014 budget stipulates the currency auctions are to be very limited. They will not bring them back! The auctions were supposed to be a temporary measure to raise capital until they gained their sovereignty. So now they have it. It is time to RV. We know it and Iraq knows it. THIS IS THE SOLUTION!
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4-18-2015 Intel/Newshound Guru Poppy3 PEOPLE NEED TO UNDERSTAND THIS IS THE BIGGEST WORLD FINANCE MOVEMENT IN THE HISTORY OF THE WORLD AND WILL EFFECT MORE COUNTRIES THAN ANY BEFORE. THIS IS WHY IT HAS TO BE DONE PERFECT AND IS TAKING SO LONG. MOST PEOPLE JUST CAN'T PHANTOM THE SIZE AND EFFECT THIS IS GOING TO MAKE ON OUR WORLD. BUT OLD ALLEN GREENSPAN DID AND CONVINCED DICK CHENEY TO CONVINCE GWB [GEORGE W. BUSH] THIS IS RIGHT FOR AMERICA.
4-18-2015 Intel Guru TD Few comments from my Kurdish friend, which are few and far in between these days (treat all as rumor and due your own sound diligence). Reason for such sporadic news is the lack of "any significant news or policy
changes". Austerity measures still big talk around most of the country. Abadi asking for more assistance. Progress with ISIS is two steps forward, one step back. Although economic and monetary reform programs are on drawing boards that's where they will stay until a clearer picture of the "map" of Iraq is defined. For those waiting for currency reform: pull up a chair it will still be a long wait.
4-18-2015 Intel/Newshound Gurus Millionday & Poppy3 Millionday: HAVE TO SALUTE OUR TROOPS -- I KNOW THEY ARE NOT ALONE BUT GOD BLESS AMERICA AND THOSE THAT MADE IT POSSIBLE FOR ALL OF US TO SIT HERE RIGHT NOW AND ANYTIME. poppy3: AMEN IF IT WASNT FOR THEM THIS WHOLE INVESTMENT WOULD NOT BE AVAILABLE TO US . Millionday: THANK YOU ALL OUR VETS...THANK YOU.
4-18-2015 Intel/Newshound Guru tman23 Article quote: "the oil agreement between the federal government and the Kurdistan region became law and published in the Iraqi Gazette on according to the Iraqi constitution," The HCL was contingent on a census and to the demarcation of borders in which Kirkut became the focal point...an oil rich territory that was once under Kurd rule and taken by Saddam... So Maliki argued Kirkut was not part of Kurdistan..... Under Abadi...he told the Ministers and Governor of Kirkut that the GOI is now recognizing Kirkut as a subsidiary of Kurdistan... A quick fix IMO to get an agreement into law...The HCL has many details but as far as I'm concerned...the oil agreement between Kurdistan and Iraq was always referred to as the HCL and that agreement now is law in the Gazzette and meeting the CONSTITUTION...IT IS LAW!
4-18-2015 Newshound Guru Millionday UPON ABADI`S RETURN THIS IS WHAT HE STATED: "Iraqi prime minister says committed to reforms to attract business Iraq is committed to making difficult reforms to its bureaucracy and regulations for foreign companies in order to attract much-needed investment, Prime Minister Haidar al-Abadi said at a Washington forum on April 16." WHOOPOW. INTERNATIONAL TRADE WILL COME FROM A MOVE TO A MARKET ECONOMY AND THOSE REFORMS HE HAS ANNOUNCED HE IS COMMITTED TO. THEY HAVE TO MOVE TO A MARKET ECONOMY WITH GLOBAL MARKETING... [post 2 of 2]
4-18-2015 Newshound Guru Millionday ABADI HAD HUGE RESULTS IN IRAQ...THE IMF AND WORLD BANK HAS AGREED TO FUND PROJECTS AND DEVELOPMENT IN IRAQ...THE IMF WAS JUST ONE OF THE ENDING RESULTS OF ABADI`S MEETING -- ONE OF THE REASONS THAT ABADI CAME TO THE US ACCORDING TO REPORTS WAS TO MEET WITH OBAMA AND ASK FOR THE INTERNATIONAL COALITION TO RETURN AND CLEAN UP A BIT -- HE MET WITH AMERICAN BUSINESS LEADERS AND TOLD THEM SOME OF THE THINGS TO ENCOURAGE THEM TO WANT TO INVEST IN IRAQ -- REMEMBER THAT THEY ARE REPORTABLY -- REMOVING ALL OBSTACLES THAT WOULD STAND IN THE WAY OF PROMOTING IRAQ AS A GREAT BUSINESS INVESTMENT PLATFORM. THIS GUY IS GREAT FOR IRAQ -ABADI IS BACK HOME. [post 1 of 2....stay tuned]
4-18-2015 Newshound Guru Kaperoni Found this article from a few years ago that makes it very clear... "Iraq plans to coin a new category of 50 dinars issued after deletion of zeros" Quote: "the Iraqi Ministry of Finance that the deletion of zeros will liberate the Iraqi economy from the constraints and enhances the value of the dinar in the International Monetary Fund." It seems to me that if they were prepared to do this in late 2011, it can be easily implemented now especially since they removed the old 50 effect April 30th.
4-18-2015 Newshound Guru Millionday Article quote: "The Bank will contribute to the financing of several projects in the electricity, water and infrastructure sectors in addition to the urgent projects related to the liberated areas will also support economic and financial reforms and confront the challenges that Iraq is going through." And expressed the World Bank president for the "full support for awarding Bank of Iraq and the follow-up in person to support Iraq in many sectors." HOW LONG HAVE WE WAITED TO HEAR THOSE WORDS? AND WHY WOULD THEY SAY THEM? SO IRAQ IS TO A POINT THAT THE IMF AND THE WORLD BANK AND THE US AND CHINA ETC --- ARE GIVING THEIR FULL SUPPORT? -- I THINK THAT THEY ARE NOT TELLING US EVERYTHING -- WHAT DO YOU THINK? -- WHOOOPOW
4-17-2015 Intel Guru TNT Tony If you are not ready, you’d better get ready. Get your paperwork and documentation together and know what you want to do. It’s a great day, a lot of excited people...There were some things that we were asked not to talk to you about, and we succeeded with that, but it’s really good news. Be prepared, and be excited. I fully expect to be talking to you over the weekend...possibly with the RV itself.
4-17-2015 Intel/Newshound Guru Poppy3 ...THERE WILL ALWAYS BE...JUST LIKE HERE IN AMERICA...THERE WILL BE LAWS ETC. THAT NEED AMENDING AND CHANGES BUT BOTTOM LINE IS IN IRAQ DOESNT MATTER TO YOU AND I. WHAT IS THE MOST IMPORTANT THING FOR US TO BE CONCERNED ABOUT IS THAT THE GOI NEEDS THE NEW RATE AND THEIR LEADERS AND THE CBI LEADERS ARE ALL IN AGREEMENT AND ARE DOING EVERY STEP AS FAST AS POSSIBLE TO COMPLETE ALL NECESSARY THINGS TO ACCOMPLISH AND BRING ABOUT FULL FINANCIAL REFORM AND DO IT AS FAST AS THEY CAN POSSIBLY GET IT DONE. RELAX AND LOVE THE RIDE ITS ABOUT OVER.
4-17-2015 Intel Guru TerryK Article quote: "Saad Maan announced on Thursday, that the security forces were able to regain control over Ramadi..." THATS GREAT NEWS. GOT A CALL FROM A SOURCE TELLING ME THAT THE MEETINGS WITH ABADI IN THE USA WERE A SMASH HIT, HOME RUN. THEY ARE GOING TO GET MORE SUPPORT FROM THE USA AS WELL AS...AND IM GOING TO QUOTE: "THE IMF IS IN FULL SUPPORT OF THEIR ECONOMIC DEVELOPMENTS". MAYBE THEY WILL TURN THIS THING ON SOON.
4-17-2015 Intel/Newshound Guru tman23 The Kurd Parliament held a special session and it got heated over Baghdad...payments...economy etc... and then payments to the displaced...A Trade Bank rep at the meeting told them that 5/2 it would see a change... This also fit the rumors that followed on the streets...and from Kurdistan to Baghdad the rumor spread that fast... But guarantee 5/2 there will be some major change...not saying currency change.
4-17-2015 Intel Guru DC Iraq is having a really good day. They had a very successful week in Washington DC, and when it comes to ISIL, budget funding, and the few meetings relating to the RI/RV. Most everyone is home in Iraq. On television there, they are announcing the economic reforms are now ending and they are soon to be the richest country in the world. We have had four confirmations of that process coming to an end. I’m amazed that has not been announced in public yet, but it will be. Iraq is prepared to go through and has started something it would be hard to come back from. In the US, there are even more in lockdown... Everyone is sitting on the starting line!
4-17-2015 Newshound Guru FrostyTheSnowman Article quote: "On his official visit to the United States, Prime Minister Haider al-Abadi met a group of CEOs and chairmen of major US corporations in Washington on Tuesday." Why would any MAJOR US CEO bother to sit down and discuss business with a country that does not have INTERNATIONAL BANKING LAWS to protect their "investments" in that country ... especially if their currency is basically worthless and not INTERNATIONALLY recognized? IMO - they wouldn't!
4-17-2015 Newshound Guru Aggiedad77 Article: "Iraq calls for a review of the dinar exchange rate" The CBI has recently made efforts to provide more windows to be opened to deal with currency sales in Iraq, essentially doubling the number of banks and companies involved in the process and has seen some improvement in the exchange rate between the USD and the IQD...Dr. Saleh spoke on behalf of PM Abadi and stated that the price of the IQD against the USD is unrealistic at the current time...he continues to stress the need to remove cap restrictions placed on the CBI by Article 50 of the budget...this gives the CBI no operating room to conduct its business of stabilizing the IQD...The problems created by Article 50 made supply and demand a big issue and pitted the USD against the IQD leading to increases in the USD over the IQD....I think he is very politely trying to say that whoever implemented the cap didn't fully understand what they were doing or the repercussions of their actions.
4-17-2015 Newshound Guru wmawhite [...I was wondering if even though the CBI gave the green light, whether these meetings in Washington was the world's way of saying, okay, go for it?] Remember, they will continue to grow their country looooong after this happens. The meetings today are for events weeks and months away. What happens tomorrow or the day after have already been decided upon weeks/months ago.
4-17-2015 Intel/Newshound Guru Backdoc I NOTICED A COUPLE NEW TWEAKS WERE MADE TO THE INVESTMENT LAW TO IMPROVE IT! THIS WILL MAKE THOSE CEO'S SITTING WITH ABADI SMILE! WHAT BETTER WAY TO ACTIVATE THE PRIVATE SECTOR THAN TO SIT DOWN AND MAKE PLANS WITH THE EMPIRES' BEST COMPANIES TO ACTIVATE THE PRIVATE SECTOR IN IRAQ! THEY WANT TO BE UP AND RUNNING QUICKLY! WE CAN SEE BY THE ACTION OF THESE CEO'S, MEETING WITH ABADI AFTER THEY JUST LEFT THE WHITE HOUSE WITH A SLAP ON THE BACK AND SMILES ON THEIR FACES! ...WHY ELSE WOULD THEY BE TWEAKING THE INVESTMENT LAW RIGHT AWAY? BECAUSE THE CEOS WANT IT! PROTECT OUR INVESTMENTS.
4-17-2015 Newshound Guru Millionday ...FOUND A REPORT ON THE LAWS AND PARLIAMENT. Article quote: "...the Parliamentary Integrity Commission, on Wednesday, the Federal Court's decision to give Parliament the right to submit bills and vote on them within the Council..." THE STEPS FOR LAWS ARE BEING MINIMIZED. THEY NO LONGER WILL HAVE TO GO TO EVERYONE IN THE NATION FOR A READ OVER ETC. [Is this saying that the Parliament can now go ahead an vote on and read laws without them having to go to the Council of Ministers first (and then be returned to Parliament with their approval)?] YES IT IS...IMO? THEY ARE ALSO GOING TO CHANGE THE PROXY POSITIONING...IMO THIS IS A GREAT GREAT MOVE AND WE WISH IT WOULD HAVE BEEN DONE YEARS AGO.
4-16-2015 Newshound Guru wmawhite [do we have any info on whether Shabibi has been brought back to the CBI, or is his showing up at crucial finance meetings just a coincidence?] I do not think Shabbi has returned to the CBI because when PM Abadi met with Christine LaGarde (IMF) the current governor of the CBI Ali Alac was to the PM left and Lagarde was to his right. [How long do you think it will be before Ali Alac is finally removed?] If Ali Alac was on the way out why move him now at the most critical time and why take him to DC with you? This is upon us and all critical members need to be in place and doing their jobs. If they wanted alac out they would have done it sooner. Instead, they are in the middle to the end of changing the currency in preparation for a change in the value (IMO)...they are not changing key positions now.
4-16-2015 Newshound Guru sczin11 POPPY3, I AGREE 100%... FOR THOSE THAT TRULY BELIEVE ISIS MUST BE ELIMINATED, OR MOSUL MUST BE LIBERATED, BEFORE WE WILL SEE THE SIGNIFICANT INCREASE IN THE DINAR, NOW MIGHT BE A GOOD TIME FOR A BREAK...AT LEAST IF YOU BELIEVE NEWS RELEASES FROM THE PRIME MINISTER...WHILE HE IS ON OUR TURF, NO LESS...(BTW, IF YOU DON'T KNOW ALREADY, I AM NOT OF THIS BELIEF). [see Poppy3 post below]
4-16-2015 Intel/Newshound Guru Poppy3 ...all leadership that has anything to do with the RV STATED VERY DELIBERATELY THAT DASSH, ISIS, ALKADA, SECURITY ISSUES WILL NOT DELAY FINANCIAL REFORM THEY WILL CONTINUE TO MOVE FORWARD TILL COMPLETION.
4-16-2015 Newshound/Intel Guru Eagle1 ...Jack Lew was quoted on FOX Business News as saying that the financial community needs to be aware that several currencies will be undergoing a major revaluation during the next few days. How 'bout them apples!
4-16-2015 Newshound Guru Millionday Article quote: "the Prime Minister Haider al-Abadi, received at his residence in Washington, president of Occidental Petroleum Corporation Steve Jazan and president of Exxon Mobil Corporation..." THIS IS ONE OF THE SIDELINE MEETINGS IN WASHINGTON... THEY ARE HUSTLING. IF YOU LOOK UP THE REFINERIES IN THE WORLD AND THEIR AGE -- YOU WOULD BE SHOCKED -- IRAQ HAS MANY OPPORTUNITIES TO EXPAND AND BRING IN THE REVENUES THEY WERE EXPECTING -- THEY JUST NEED DEVELOPMENT MONEY TO SWAP SOMETHINGS AROUND AND GET ON THEIR FEET BUT THE RETURNS? OH HONEY.
4-16-2015 Intel/Newshound Guru tman23 The only reason the CBI would reinstate the auction is to preserve their foreign currency reserves... Which is a signal that the CBI reserves have begun to plunge... Nothing more Nothing less... Lack of Liquidity is a nice term for being broke... The CBI now needs international purchasing power...
4-16-2015 Intel Guru Frank26 [via FrostyTheSnowman] You all ask for a date/rate...the CBI website shows you the spread calculations of .85 ...no more “sucker bet” ... to about a $1.27 at the very highest $1.35. What’s the date? Well...they finished collecting the 3 zeros and you see they are now working on the opposite end of the spectrum ...7 coins...the 50... they work with the lower denoms under the 50. They’ve give the citizens until April 30th to turn in their old 50’s before they’re null and void! Wow!
4-16-2015 Intel Guru Delta [via FrostyTheSnowman] The rate of the Iraqi dinars has to increase to .85 or .86 cents and at the same time they should introduce the 50 dinar. About a week ago...one leak came out of a Kurdistan newspaper and someone said that they saw the 50 dinar note is ready for distribution. And they looked at it, and said that it had the Kurdish language on it. We all know that there is a lot going on behind closed doors. They are ready to do that and the second question is are they going to wait until they basically collect all of the [old] 50’s which are due to expire by the end of the month? It’s possible that they might do that but they might not because...you hardly see 50 dinar notes inside of Iraq. They might wait a week or 10 day before they pull the trigger. ...based on all of this information...it looks like the 50 dinar note is ready and could come out at any time BUT...they cannot introduce it without changing the rate first. Reports are that they expect to see the rate change at any moment!
4-16-2015 Intel/Newshound Guru Poppy3 TALKED TO A FRIEND FROM WASHINGTON...AND HE INFORMED ME HE HAS BEEN TOLD THE MEETING TOMORROW [THURSDAY] BETWEEN UST, IMF, WORLD BANK LEADERS HAVE DELIBERATELY BANNED OTHER DIGNITARIES ...IN ORDER MAINTAIN THE TOPIC STRICTLY ON FINANCE...SOUNDS LIKE A SERIOUS FINANCE MEETING... WOW.
4-16-2015 Newshound Guru wmawhite strangely enough, they have been telling us for a long time their idea of a rate and date. Months ago, PM Abadi [said] that as soon as they met their challenges with security that Iraq would join the world on the World Economic Stage. He also said that the defeat of ISIL would not take long to accomplish. He is doing exactly what he said he would do.
4-16-2015 Newshound Guru Millionday AS WE KNOW ABADI IS MEETING WITH OBAMA -- A VERY LONG AWAITED MEETING. Article quote: ''Obama expressed his full support to the Iraqi Government in combating terrorists and liberating occupied areas as well in addressing the financial and economic challenges,'' WHOOOPOW. I NORMALLY DONT GIVE MY OPINION BUT FOR OBAMA TO STATE THAT HE IS GIVING FULL FINANCIAL AND ECONOMIC SUPPORT AFTER ALL OF THE SUPPORT THAT IS GIVEN ALREADY -- IT SEEMS STRANGE TO ME AND APPEARS AS IF IT IS TO DO WITH THE DEVELOPMENT THAT WILL BRING IRAQ TO A MARKET ECONOMY -- IMO ONLY. IMF AND WORLD BANK LEADERS ARE IN WASHINGTON REPORTEDLY... [History in the making... It's all unfolding right before our eyes!] YOU ARE VERY RIGHT -- HISTORICAL AND LONG AWAITED -- THESE MEETINGS ARE WITH THE MOST POWERFUL AND RICHEST.
4-16-2015 Intel Guru EXOGEN THE BONDS WERE MOVING DAYS AGO...HOW CAN YOU DO A GLOBAL INTERNATIONAL BOND OFFERING WITHOUT I. T. INFRASTRUCTURE & E-COMMERCE FUNCTIONALITY IN PLACE... THIS IS NOT ROCKET SCIENCE IF YOU PAY ATTENTION AND READ...ABADI COMES TO USA, MEETS WITH CONGRESS, MEETS WITH WORLD BANK, MEETS WITH IMF, MEETS WITH UNITED NATIONS AND OUT OF THIN AIR IRAQ IS NOW DOING A GLOBAL INTERNATIONAL BOND OFFERING WITH I.T. AND E-COMMERCE FUNCTIONALITY READY TO GO.
4-16-2015 Intel Guru TNT Tony [via Adept1] Security was a big issue over the last 48 hours, proving to the banks and oil companies that they are stable enough and have plans in place to protect the oil, etc. We know they are waiting for the announcement of the RV. ...they are excited about seeing something in the next two days, about a currency change... On Monday, we were told the banks should be exchanging on Thursday, and in Baghdad they are saying over the next few days. It could go as long as the weekend.
4-16-2015 Intel Guru DC Now, Iraq has asked the US, IMF, UN and World Bank for money – why? Won’t they be swimming in money? Because they pull the trigger, that doesn’t mean that they will have unlimited amount to spend immediately. There is a deficit in the 2015 budget when it comes to fighting ISIL. The money they are talking about is almost all about fighting ISIL and related groups. So they are asking for cash and also weapons systems so that they can keep fighting. Regardless of the RV, they have to fight ISIL and that is not part of their budget. Iraq doesn’t have lots of spare cash. It’s not like CBI can open its doors and invite the government to spend what it likes. So part of this is about timing, part is about ISIL, part is about having a backup plan, and also about keeping everyone on edge about when this is going through. Right now, everything is fine and they plan to roll this out. [post 2 of 2]
4-16-2015 Intel Guru DC [via Adept1] In Iraq, they are saying that there are many television mantras like “in the next few days, the completion of the economic reform will conclude”, the “economic crisis will be finished in the coming days”, and also “be prepared for the finality of the economic reform.” There is restricted communication between various places, because of things CBI is preparing for. Everything is ready there. In the mosques, they are still saying “it’s coming, it’s coming – it’s for real this time!” PM Abadi...had extremely successful meetings with the President and VP... Abadi is now meeting with bankers in the US and Europe, at the IMF and the World Bank. [Guru] Tony and I believe that it is unlikely that they will do the RI/RV while he is out of country. There is also a very strong argument in favor of Abadi being out of country for security reasons while this goes through...although my money is still on his being in-country. [post 1 of 2....stay tuned]
4-15-2015 Newshound Guru Kaperoni Just because they have not transitioned as fast as we would like to a market economy does not mean what they are doing is not logical. They are being guided by professional organizations, like the IMF, World Bank, and others..they are not going backwards, sideways, or some other direction. It is Iraq, and it will happen on their timeline, not yours.
4-15-2015 Newshound Guru Adam Montana [I have read the HCL is completed and...Do you see this going on much more seeing what has been completed now? Also, shed some light on Malaki...why hasn't he been arrested yet? How much influence does he have?] HCL is Agreed, not Law - so we're still waiting on that. Maliki - I'm not concerned with him. If he's to be arrested, it will happen eventually. I don't see him as an influential figure in the value of the Dinar. If anything, since his political strength is waning, he would want to see it RV ASAP so he can benefit just like us.
4-15-2015 Newshound Guru sczin11 WHY IS PRIME MINISTER ABADI, AND CREW...MOF, MOP, AND OTHERS, IN THE UNITED STATES OF AMERICA, ASKING FOR MONEY, LOANS, MEETING WITH THE WORLD BANK AND IMF, TRYING TO SOLIDIFY A 10+ YEAR 1.5 BILLION DOLLAR, INTEREST FREE LOAN FROM A USA BANK, FOR IRAQI AIRWAYS? YOU DO NOT HAVE TO BE EBULLIENT, TO SEE THE WRITINGS ON THE WALL? THIS IS ABOUT BEING EXPECTANT...THIS IS ABOUT BEING HAPPY SOMEONE TOLD YOU TO BUY IRAQI DINAR....THIS IS ABOUT THE BIRTH OF THE " NEW IRAQ ", THE ONE WHO WILL EMERGE AS THE MOST POWERFUL, THE MOST WEALTHY, PROUD, SOVEREIGN. DEMOCRATIC COUNTRY IN THE MIDDLE EAST! AND GUESS WHAT? YOU ARE A PART OF THIS HISTORIC CHANGE! [post 2 of 2]
4-15-2015 Newshound Guru sczin11 A LITTLE FOOD FOR THOUGHT...DO YOU SEE ALL THE "ECONOMIC NEWS" BEING RELEASED? AIRPORTS WITH LARGE SCREENS FOR INFORMATION AND SUGGESTIONS (MARKETING & SALES)... MORE FLIGHTS TO NEW LOCATIONS ANNOUNCED...TRAINS WITH ADDITIONAL AND MORE SCHEDULES...CABLE/INTERNET WIRING SERVICE/ COMMUNICATIONS...HUGE COMPANIES RENEWING THEIR CONVICTION TO WORK IN IRAQ (JOBS AND MONEY)... AND MANY MORE...WHAT CAN ALL THIS MEAN? WHERE ARE THEY GOING WITH ALL THESE UPGRADES/ IMPROVEMENTS? WHY ARE THEY FOCUSING ON TOURISM NOW? WHAT IS HAPPENING, ASIDE FROM WAR CONTINUING, THAT WOULD REMOTELY ADDRESS THE NEED FOR ALL THESE UPGRADES? [post 1 of 2....stay tuned]
4-15-2015 Newshound Guru Adam Montana [GOI + HCL = RV !! Still standing by that or no?] Absolutely.
4-15-2015 Intel Guru EXOGEN THE BIG BOY GLOBAL 4G LTE NO BID CONTRACTS IN IRAQ ARE ALREADY COMPLETED AND IN FULL MOTION AS OF RIGHT NOW TODAY (HINT HINT) AND WORK ORDERS HAVE BEEN EXECUTED!! [Wikipedia - 4G, short for fourth generation, is the fourth generation of mobile telecommunications technology... LTE, an acronym for Long-Term Evolution, commonly marketed as 4G LTE, is a standard for wireless communication of high-speed data for mobile phones and data terminals.]
4-15-2015 Newshound Guru Adam Montana [I see they restarted on 4-6. Is this due to a liquidity issue in Iraq, or have they moved the process back? What is your opinion on this?] The CBI is a masterful manipulator of the currency, it's value, and the amount in circulation. The auctions are a major part of their M.O. in controlling the situation, and they will never let on to their full plan. I don't watch the auctions as an indicator to the future. ...I focus on the fundamentals - progress, stability, intent. As long as those things stay positive, I'm content to let the CBI do their job.
4-15-2015 Intel Guru EXOGEN HIGH ALERT...SOMETHING GIGANTIC JUST TOOK PLACE IN IRAQ TIED TO GLOBAL BANKING AND INTERNATIONAL E-COMMERCE (HINT HINT) HIGH ALERT: INTEL: AS OF 10:37 AM EST TODAY THE INVESTMENT IS NOW AT THE HIGHEST LEVEL AND POSSIBILITY FOR DREAMS TO BECOME REALITY IF THE USA COMPLETES EVERYTHING THAT NEEDS TO BE COMPLETED... WE HAVE NEVER POSTED A HIGH ALERT SIGN!!! NEVER EVER!
4-15-2015 Newshound/Intel Guru BGG I have recently heard some people expressing frustration over “being on this roller coaster ride”… Wait a sec. No one promised us anything. We bought Dinar as an investment. The only thing it offers is a chance. I, for one – am most thankful to be in on it. Are we close? IMHO – Most likely – 2 days, 2 weeks – 2 months? Tough to say...but close. There have been way too many goings-on in the Iraqi Finance/currency world lately for there not to be something up. I even heard recently – it is likely Iraq will need to add value (while still in Chapter 8 ) to even be considered for entry into Chapter 14 – which is why I have constantly said “not to worry” – I have thought much the same all along. [post 3 of 3]
4-15-2015 Newshound/Intel Guru BGG The auctions have restarted – but relax...I am encouraged. They are working hard on monetary policy. Dr Shabibi shows up at the IMF meeting in Kuwait City (for whatever reason) – the auctions restart (which were Shabibi’s main instrument). Abadi points out he’ll replace critical Maliki appointees – namely, the CBI Gov...and with the auctions the CBI pretty much has to declare autonomy from the GOI and Parliament – meaning they can’t abide by the 75 mil per day limit Parliament put on them. FYI – Dr Shabibi was also a big “separation” of the CBI and GOI kind of guy – very much into the autonomy of the CBI. This move has his prints all over it. JMHO. It stands to reason they would enlist his help – he is one of the architects of the MR plan…not impossible to think he would be a legit contender for the CBI Gov again if they remove Alak anytime soon. [post 2 of 3....stay tuned]
4-15-2015 Newshound/Intel Guru BGG Article: "Parliamentary Finance proposes to make large cash categories" quote: “expected to” measure will reduce the demand for the dollar and away by all the dollarization of the Iraqi currency and the sale, purchase, exchange and trade in Iraqi currency instead of dollars." We believe they are saying it is not larger denominations, but smaller denominations with a larger value – 1, 5, 10, 20, 50 and 100’s...this is Iraq’s way of saying we are about to delete the zeros (through appreciation) and releasing new “higher value” bills. Further – much of the recent rhetoric is starting very much to sound like an educational campaign to their citizens. Seriously (this was part of a Shabibi plan). [post 1 of 3....stay tuned]
4-15-2015 Intel Guru Frank26 The other thing that you have to understand is right now it’s no longer the physical 3 zeros being lifted. RIGHT NOW they are lifting the 3 zeros from the EXCHANGE RATE. So...what is the exchange rate? (Rounding off it’s .00086) HERE’S THE OTHER PART OF THE 3 ZEROS THAT GET PEOPLE CONFUSED... .00086 <<< see that? Take that decimal point and move it [to the right] over 3 places..which give you .86 which is what starts to match up with what’s on the spreadsheet...it started off around 85 cents. If you remove these 3 zeros...what do you get? [post 2 of 2]
4-15-2015 Intel Guru Frank26 [via FrostyTheSnowman] Many of you look at that currency and say they are going to remove these zeros (3 zeros) and all I’m going to be left with is $25. No! That’s where a lot of mistakes are occurring. They’re [CBI] is not doing it from that. At this phase...part 4 of the monetary reform plan...they’ve already collected the 3 zeros [notes...10,000, 25,000, etc.]...off of the streets [in Iraq]...That phase is gone... Why do you think they’re collecting the 50? Because they’re now at the other end of the spectrum. So...before they removed the 50 they went all the way to the other end of the spectrum and what did they go to? [CBI says] 7 Coins in a few days...weeks..it’s coming! [post 1 of 2....stay tuned]
4-15-2015 Newshound Guru Millionday DID YOU SEE IN WASHINGTON THAT THE IMF AND THE WORLD BANK IS THERE AND ALSO SO MANY ECONOMIC MEETINGS BEFORE AS WELL. IT CAUSES ASSUMPTIONS THAT THEY WILL BE INVOLVED WITH AN EVENT SO LARGE.
4-14-2015 Newshound Guru Millionday [Are we waiting for two events? 1. The RV of the Iraqi dinar, and 2. The move to an international currency. How soon after a raise in the rate will the currency be international, or will it happen simultaneously? Does the IMF have to approval of this rate make it international?] THEY ARE THE SAME THING. IF THE CURRENCY IS INTERNATIONAL IT HAS BEEN PRICED BY THE GLOBAL PRICING INDEX. THE CBI HAS THE RIGHT -- INDEPENDENT RIGHT TO SET THE EXCHANGE RATES BUT WE DO NOT KNOW FOR SURE IN THIS CASE IF THE IMF WILL HAVE TO APPROVE WHAT THEY PUT FORTH.
4-14-2015 Newshound/Intel Guru BGG [U FEEL WE ARE CLOSE HONESTLY? WITH IN DAYS?] close - IMHO - yes, days?? Hard to say.
4-14-2015 Intel Guru Delta URGENT FROM IRAQIA TV: THE COMING DAYS WILL WITNESS A NEW CLASS TRADING 50 DINAR IN LOCAL MARKET!!! WE WILL SEE WHAT HAPPEN THIS WEEK!!
4-14-2015 Newshound Guru sczin11 WE MIGHT BE SEEING IN PRINT HERE, FOR THE FIRST TIME, IN TALKING ABOUT THE POSITIONS THAT ARE TEMPORARY AND NEED REPLACING, THE ONE WE HAVE BEEN LOOKING FOR SINCE THE FIRST RELEASE, SEVERAL WEEKS AGO. Quote: "The administration positions proxy will end After the political blocs agree to provide the names of candidates to vote in the House of Representatives to fill these presidencies my own name." IT APPEARS THEY ARE NAMING THE POSITIONS, AND THE NAMES, OF THOSE BEING QUESTIONED, REPLACED...I THINK. IT STATES THE GOVERNOR OF THE CBI, KEYWORDS, IS ONE OF THE POSITIONS THAT IS EARMARKED AS TEMP AND WILL BE REPLACED. ALI ALAQ, MOSHIN ISMAIL, WHATEVER YOU WANT TO CALL HIM TODAY, THE ACTING GOVERNOR OF THE CBI, MALIKI SUPPORTER. WHERE OR WHERE IS...SINAN AL SHABIBI, WOULD YOU SHOW YOUR FACE...OH HOW HAPPY, I WOULD BE!
4-14-2015 Newshound Guru Kaperoni Article quote: "The CBI has decided to take action to stop the decline of the dinar against the dollar in the local foreign exchange market, by doubling the share exchange companies in the Auction of foreign exchange, and open ports to sell the dollar in a number of government banks." Since the CBI is suppose to be independent, and monetary policy is the responsibility of the CBI, I don't see this as a problem. The cap on auctions placed in the budget is IMO a violation of that independence. That being said, the CBI seems to be "again" learning on the job at the expense of the exchange rate. It has also been implied that this is "planned." Who knows? It could be and we may be in the process of seeing a disorderly exit from the peg to a float.
4-14-2015 Newshound Guru sczin11 I AM NAIVE, AND TRULY HAVE NO CLUE HOW TO UNDERSTAND THIS... NO LIQUIDITY, LITTLE BUDGET FUNDING, WAR TORN COUNTRY, BOMBINGS AND KILLINGS EVERYWHERE, CONFLICTS BETWEEN REGIONS, FULLY SEATED GOVERNMENT STILL IN THE WORKS, CURRENCY NOT INTERNATIONALLY RECOGNIZED, TOURISM DOWN...THE KEY TO THE VERY EXISTENCE OF THIS BEAUTIFUL NATION...TOURISM...I REPEAT IS DOWN...HOTELS CLOSING...YET, AIRLINE FLIGHTS INCREASING TO MANY NEW LOCATIONS, PASSPORT/VISA OFFICES OPENINGS, TRAFFIC LAWS/CONTROLS/SAFETY CONTINUE TO BE PASSED, BUILT, AND ENFORCED...NEW TRAINS AND SCHEDULES FROM PORTS TO MAIN CITIES ARRIVE...AND THERE IS MONEY FOR THIS? WHY? YOU MUST BE BLIND IF YOU REALLY DONT SEE THIS PICTURE, IT IS AS CLEAR AS DAY! IT CAN ONLY MEAN ONE THING...THIS IS ANOTHER AREA PREPARING FOR THE POWER OF THE MIDDLE EAST, IF NOT THE POWER OF THE WORLD, TO EMERGE, A WEALTHY, SOVEREIGN DEMOCRATIC SOCIETY, BY THE PEOPLE, FOR THE PEOPLE OF THE NEW IRAQ.
4-14-2015 Intel Guru Jester [Have your heard anything new from HP [Guru Hocus Pocus] or the sandbox today?] ACTUALLY I DID. WE BEEN TRYING TO RUN DOWN ALL THE "BUDGET IS IN THE GAZETTE" STUFF... NO JOY SO FAR... JUST REPORTING IT THE WAY I AM GETTING IT... HOWEVER... THE TV NEWS HAS RAMPED BACK UP AND THEY ARE DOING THE "OUR MONEY IS GOING TO BE WORTH MORE SOON" THINGIE...WE ARE WATCHING THIS ONE CAREFULLY AND TRYING TO GET ALL THE INFORMATION WE CAN... BUT IT IS NOT ON THE STREETS IN IRAQ YET... THAT IS WHERE OUR GUY IS. [Do you see any positive from Abadi's meeting in Washington?] ACTUALLY I HOPE SO... I HAVE SOME VERY INTERESTING NEWS ABOUT WHY HE IS HERE...THE FACT OF THE MATTER IS THE REASON HE IS HERE IS PURELY CONJECTURE. THE WAY I HEAR IT...FROM [GURU] HOCUS POCUS... IS HE IS HERE TO WORK OUT SOME FUTURE POLITICAL, ECONOMIC AND MILITARY ISSUES WITH IRAQ AFTER THE RI...[they seem to be moving along here.] WELL IT SEEMS SO ANYWAY...WE WILL HAVE TO WAIT AND SEE...
4-14-2014 Intel Guru Frank26 [Abadi] will also give the IMF a report while here [in the USA]...what does the IMF hold? Article 8. The CBI spreadsheet has a rate family between 85 cents to a dollar plus. And they tell you they will remove the 50 by April 30, 2015. Let’s see here a rate and a date. Well now that’s interesting – rarely seen that close together. The change of the monetary policy typically occurs in the middle of the month but I don’t think that’s going to happen in this case. There is a committee right now to monitor the IQD currency process. These committees are set up to monitor the process of the switch of the rate. The HCL is in the BUDGET and will come out when the GOI CBI says so. Our Teams are telling us that they’ll show it to us next month. Dr. Shabibi is taking his time. There is constant progress in what we’re seeing! The CBI is in the process of lifting the 3 zeros to add value... both the GOI and CBI are boasting of the MR of the IQD. [post 2 of 2]
4-14-2015 Intel Guru Frank26 SECURITY..SECURITY...SECURITY! The IQD is being SECURED and is much farther along than you may think. The banks in IRAQ have been taken back. Does that secure the MR of the IQD. Yes! How about Maliki? He’s ancient history – it’s like he doesn’t exist anymore. What other form of SECURITY do we want? The currency itself needs to be SECURED. Have you seen the COINS or LOWER DENOMS? “How’s that for SECURITY?” Do you see counterfeiting/smuggling being an issue? No, actually they talk about preventing it now. That’s SECURITY for the IQD! The lower denoms are Dr. Shabibi’s plan. You didn’t even know that Dr. Shabibi was being protected by iTeam did you? There are 4 parts to the monetary reform of the IQD established back in 2006. We are in the last and 4th part. The MR is working well! [post 1 of 2....stay tuned]
4-14-2015 Newshound Guru Millionday [...if they are working this much...and going thru so many changes...do you think they will want to have a mediocre currency? one that will fit nicely towards the bottom of the M.E. countries?] THEY HAVE MADE IT VERY CLEAR IN MANY STATEMENTS HOW LARGE THEY WANT THE DINAR TO BE TO THE GLOBE --- SMILE --- I BELIEVE IT WAS THE STRONGEST IN THE REGION THEY STATED --- I WOULD THINK IT WOULD BE BY GLOBAL PRICING INDEX CALCULATION THOUGH NOT THE NUMBER PAIRED -- IT REFERS TO THE GLOBAL PRICING INDEX.
4-14-2015 Newshound Guru tlm724 Articles: "Parliamentary Finance proposes to issue large cash classes to maintain the value of the dinar against foreign currencies" "House extends the legislative term second extra months" "Formation of a committee to issue coins of 50 categories and 100 dinars pave the way for the abolition of zeros" "Finance Committee announced on Saturday, for the formation of a committee to study the issuance of coins" "Parliamentary Economic reveal the issuance of new currency of the type 50 and 100 000 dinars" thats at least 5 sources...that we have for this news...Iraq is putting out a media blitz to inform the public to be on the look out for a change in the currency imo!
4-14-2015 Newshound Guru Millionday [with all the articles over the last week about green lights, and oil prices, and the zero project underway and large coins and less dinar numbers and the north passing their HCL and now the budget law and on and on...is there ANY reason you can think of that we shouldn't be excited?] I CAN SAY WITH THE MANY THINGS ECONOMICALLY GOING ON AND THE MILITARY SUCCESS AS WELL WE HAVE SEEN -- I AM EXCITED -- I SEE GREAT SUCCESS AND KNOW THIS IS A LONG TIME INVESTMENT BUT IT HAS BEEN YEARS AND IT APPEARS WITH THE BUDGET AND THE INVITE OF INVESTORS THEY ARE HEADED FOR A MARKET ECONOMY -- THAT REQUIRES A PRICE -- I DONT KNOW WHEN OR HOW MUCH BUT IT LOOKS LIKE PROGRESS TO ME AND EXCITING.
4-13-2015 *** Dinar Guru News Update *** Prime Minister Abadi will meet personally with United States President Obama THIS Tuesday in the White House in Washington DC...they are expected to discuss a road map for the long term plan for Iraq and US relations. Stay Tuned as the Gurus report on this monumental and very rare get together. The latest Guru updates will continue below...
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4-13-2015 Intel Guru TerryK HERE IS SOME NEWS...I WILL KEEP IT VERY SHORT...GET YOUR SHOES READY...THAT'S ALL IM GOING TO SAY.
4-13-2015 Intel/Newshound Guru Backdoc WE SEE BANKS ACCEPTING OLD DAMAGED AND WORN OUT BILLS DEPOSITED INTO DIGITAL FORMAT BUT NOT REPLACED! MMMMM SMART! THE IMPORTANT THING TO NOTE HERE IS THAT DIGITAL CAN BE ADJUSTED WHEN THE RATE GOES LIVE! YOU SEE, "VALUE CAN BE ADJUSTED INSTANTANEOUSLY”. IT'S HAPPENING RIGHT BEFORE OUR EYES! IT’S HIDING IN PLAIN SIGHT! ONE STEP AT A TIME! THE FRONT DOOR IS OPEN BUT WHEN THE BACK DOOR CLOSES YOU WILL WAKE UP TO AN ACTIVATED ECONOMY WITH THE INTERNATIONAL RATE! [post 2 of 2]
4-13-2015 Intel/Newshound Guru Backdoc THE OIL MINISTER AS WELL AS PM ABADI CALLED FOR ACTIVATING THE ECONOMY AND TODAY THEY ARE IN THE USA IN A HIGH DELEGATION... DISCUSSING MAJOR ISSUES OF WHICH THEY MENTION, DEFENSE, AND ACTIVATING THE IRAQI ECONOMY! CURRENTLY, WE SEE THEM BEGINNING TO IMPLEMENT THE BUDGET PIECE BY PIECE NOW THAT IT IS PRINTED AND IN THE GAZETTE. AS THEY SAID IN THE NEXT FEW DAYS THEY WILL DISBURSE THE REMAINING 70% OF THE BUDGET! OF COURSE CURRENTLY, WHAT THEY ARE DOING ON THE DISBURSEMENT SIDE IS ALL DIGITAL! SALARIES ARE BEING DISBURSED DIGITALLY ON THE SMART CARDS! [post 1 of 2....stay tuned]
4-13-2015 Intel Guru TNT Tony Abadi and his entourage are in the US right now, and they are scheduled to have an appointment with President tomorrow, plus many meetings over the next three days while they are here. The news on television is still saying the final phase is coming to an end in the coming days… even though that has been seven days now. Announcements have been made in the mosques, too. The people of Iraq were told this was going on Sunday. Banks told their people to be prepared for a huge crowd on Tuesday morning. That was the plan as of last Sunday, so people were very exciting. It didn’t happen Sunday or today, but there is another projection. I don’t imagine it will happen while PM Abadi is here...
4-13-2015 Intel/Newshound Guru tman23 ...the pulling of the 50 is not only to avoid confusion but also an exchange test run AND transfer to destroy the notes...There is to be a major change scheduled on 5/2... speculation could run wild on what it involves..But I guarantee you a change to money or Qi Cards or some payment system is scheduled on 5/2... And this is NOT SAYING RV.
4-13-2015 Intel Guru DC We are still where we were on Friday, everyone is on call, ...Everyone is still on lockdown. Iraq is very ready, preparing things. Abadi is in the US right now, but the Iraqi television is still expecting monetary reform in the next few days, Iraq is the strongest country in the world, etc. In Iraq, they strongly believe this is the final week. They are not prepping for the RV to be months away but to go through now, by the 15th. Can things change? Sure. Everybody is prepared for this to go through... we believe they will wait for Dr. Abadi to get back to Iraq on Wednesday... let’s hope and pray this goes across the finish line.
4-13-2015 Newshound Guru Millionday "Iraqi Central Bank was established as an independent entity by virtue of the law ratified in March 2004. It is responsible for maintaining stable prices and implementing monetary policies including exchange rates policies, managing foreign reserves, issuing and managing currency in addition to organizing the banking sector to promote an independent and competitive financial system." SO AS WE SEE -- THAT IS THE JOB OF CBI FOR THOSE OF US THAT ARE NEW...
4-13-2015 Newshound Guru sczin11 REALITY RATE = TRUE VALUE - TRUE VALUE = SUPPLY AND DEMAND. THE MONEY SUPPLY IS/HAS BEEN IN PROCESS OF BEING REDUCED FOR A WHILE NOW. WE HAVE SEEN THE MEETINGS OF TRAINING THE BANK EMPLOYEES FOR COUNTERFEITING- WE HAVE SEEN THE ANTI MONEY LAUNDERING WORKSHOPS - WE HAVE SEEN 50 DINAR NOTES RECALLED TO A WORTHLESS VALUE IN JUST 60 DAYS OF TIME...ER [ECONOMIC REFORM] CAN NOT GET TO WHERE IT NEEDS TO BE WITHOUT MR [MONETARY REFORM]... JMHO
4-13-2015 Intel Guru Mnt Goat to our surprise the other day out pops a major 2014 budget revision as it gets raced through parliament, gets ratified and posted in the Gazette in record time. It also now includes sections related to HCL that were left out of the first draft budget completed and posted in the Gazette. This was expected since we know they have been paying out already on HCL. This also confirms to use once again HCL is done.
4-13-2015 Intel Guru TerryK GOT WORD LATE LAST NIGHT THAT IRAQ IS ON A TIPPING PLATFORM...IN OTHER WORDS IF THEY DON'T MAKE SOMETHING HAPPEN WITH THE VALUE OF THEIR CURRENCY THEY ARE GOING TO CRUMBLE TO NOTHING. THE INFRUSTRUCTURE AS WE KNOW IT WILL FALL. HEARING THAT ABADI IS ASKING FOR RELEASEMENT THRU OBAMA AND THE UST TO THE IMF TO LET THEM INCREASE THE VALUE OF THE CURRENCY. NOW WITH THAT SAID I'M REALLY CONFUSED HOW THE USA CAN STILL HOLD ONTO THIS AND WHY. I THINK THIS WEEK WE SHALL SEE ALOT OF THINGS HAPPEN.
4-13-2015 Newshound Guru Kaperoni the dinar will rise in value based on economic pressure. That pressure comes through the capital account. As more investors come into Iraq, it creates inflationary pressure which then the dinar rises to compensate...the rate of the dinar will be set by supply and demand...it should not say weak long. But it must start weak to reduce the money supply. Iraq is an emerging market. They are doing things to succeed not fail. Slow and gradual.
4-13-2015 Intel Guru Frank26 [i am sick of this roller coaster.] When You bought Your dinars no one promised You anything. But I can Promise You this MR [Monetary Reform] Lave Flow is Hot and progressing...IMO...We...You are at the end of this race. PS...For those confused???...HCL IS DONE...Hence it's coming.
4-13-2015 Intel/Newshound Guru Poppy3 IF YOU BEEN READING THE NEWS FLOWING LIKE MILK AND HONEY FOR THE LAST 8 DAYS...EVERY REPORT HAS POINTED TO THE COMPLETION OF FINANCIAL REFORM...FROM ABADI TO DR SHABIBI, IMF, WORLD BANK, ETC. ...THEY KNOW EVERY DETAIL THAT MUST BE DONE...AND ARE PUSHING TO GET IT THERE. ...LIKE [GURU] BGG SAID THE OTHER DAY...THEY WANT AND NEED THE SAME THING WE DO. THAT IS TRUE SO OUR REWARD IS INEVITABLE AS SOON AS THEY CAN LINE THINGS UP TO PRESENT THE NEW RATE TO US.
4-13-2015 Newshound Guru Millionday THE BUDGET WAS PRINTED IN THE GAZETTE TODAY. THIS IS FROM THE PRINTED BUDGET IN THE GAZETTE. "The House of Representatives voted nine minutes of the second legislative term in the first legislative Psonth (29/01/2015), the draft federal budget for the 2015 law, the value of 119.5 trillion dinars and a deficit of about 25 trillion" ...SO THERE IT IS...FINALLY...WHOOOPOW...THE BUDGET IS LAW.
4-13-2015 Intel Guru EXOGEN IRAQ IS NOW OUT OF TIME & GAMES ARE OVER...UST NOW PLACING PRESSURE ON IRAQ TO EXECUTE. THIS WEEK WILL BE VERY BUSY...HIGH LEVEL PLATFORM ACTIVITY-NO HOLDS.
4-13-2015 Newshound Guru Millionday Article Quote: "Prime Minister Haider al-Abadi will discuss four files with the US administration during his visit to Washington, while calling for the need to have the Iraqi delegation "marginal" with the US administration on the outstanding issues. "Prime Minister Haider al-Abadi visit to the United States acquires meanings of special importance being the first visit to Ebadi to Washington," noting that "agendas files Abadi in this visit will be a big and complex." THE AGENDA IS BIG AND COMPLEX -- NICE. THIS VISIT IS VITAL AND TO ADD CONFIDENCE...THE VISIT WILL BE FOR DAYS -- AND COVER FOUR SUBJECTS...HE LEAVES TOMORROW [MONDAY] MORN.
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