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4-16-2014 Intel Guru Blaino WHEN YOU, THE AVERAGE PERSON, CAN EXCHANGE YOUR PRIVATELY HELD FOREIGN CURRENCY AT A RATE SIGNIFICANTLY MORE THAN THE RATE AVAILABLE AT THE TIME WHEN YOU EXCHANGED INTO THAT CURRENCY, THEN AND ONLY THEN, HAS THERE BEEN A REVALUATION OR A GLOBAL CURRENCY RESET! PERIOD! IF YOU CANNOT EXCHANGE YOUR FOREIGN CURRENCY AT A SIGNIFICANT INCREASE OVER YOUR PREVIOUS RATE.... THERE HAS BEEN NO "RV" OR GCR! ..."LOWER DENOMS" MAY INDEED BE ISSUED AROUND THE 20th OR THEREABOUTS, WHICH COULD BE ONE OF SEVERAL FINAL MARKERS OR WAY-POINTS ON THE TIMELINE TO OUR LONG AWAITED EVENT!
4-16-2014 Newshound Guru Millionday BEST PART: "praising the procedures followed in the context of monetary policy, stressing the need to speed up the move to re-evaluate the dinar to strengthen the foundations and pillars of the national economy." CBI has announced they are in the middle of doing just this -- applying the monetary policy...this is what they are working toward right now...one of those steps is to rv the dinar. Finance Minister Ali Shukri...is saying that the budget is coming and so that will solve and resolve --- that tells us once again --- when the budget hits -- many things will come all at once. [post 2 of 2]
4-16-2014 Newshound Guru Millionday Article Quote: "Baghdad - represents the economic stability of any country component of equal opportunities for the supply and demand for services in it, where he sees an economist that the presence of stability as well as to isolate external influences and minimize the national economy and revitalize the work of the productive sectors and solving economic problems internal push towards strengthening and enhancing the value of the dinar." economic stability is the reality rate or value and what it does for the entire nation...the reserves they have gotten are to raise the value of the dinar and the international rates -- and that is the whole reason -- for the rv...after the rate is set the rate will also raise due to the global market. [post 1 of 2....stay tuned]
Below are the latest guru updates from late last night and yesterday...be sure to check them out before you leave...
4-15-2014 Newshound/Intel Guru BGG [I believe that Maliki KNOWS his current state of affairs and that his future as Prime Minister is out of reach. His trip to Washington didn't go well...Iran is relieved of some sanctions and doesn't need him...Barzani, Najafi, Sadr, Talabani (or the next President of Iraq), Allawi, and maybe even Turki are fed up! In my humble opinion, the question becomes, "How long before he's official out of office...by resignation or loss of title?!"] Now that, is an accurate rendition. [post 2 of 2]
4-15-2014 Newshound/Intel Guru BGG Maliki's name is not "on a ballot" - the SLC has MP's up for re-election...based on the overall party results, the winning "majority party" will get the chance to form the next government...(name the PM). Maliki is not up for reelection - which is why it is soooooo troubling when the major players are all not giving their assent to a 3rd Maliki term...it has to be terrifying to him. [post 1 of 2....stay tuned]
4-15-2014 Intel/Newshound Guru Poppy3 THE TIMING IS EVERYTHING AT THIS POINT. THEY CAN PLAY IN THE BIG LEAGUES ANY TIME THEY GET READY TO STAND UP AND BECOME A WORLD PLAYER IF THEY CAN GET THEIR OWN FEET AND POWER GRAB OUT OF THE WAY. IN THE END WE WILL WIN FOR SURE.
4-15-2014 Intel Guru Bluwolf There is no ten year “whatever” holding if you were to sign your nda. The reason behind the nda is for the full protection of all involved ( bankers, citizens, the buyers- Chinese } and the bank itself. It's a matter of security only. Update: We still wait on the Americans to put everything in motion worldwide. As of last night I was informed that the go will happen in a bit with them or without them.
4-15-2014 Intel/Newshound Guru Poppy3 I WAIT TO HEAR BACK FROM THEM FROM WASHINGTON AND PRAY THEY CONTACT ME SOON WITH GREAT NEWS. I STILL FEEL STRONGLY THEY HAVE MADE SUCH PROGRESS IN A SHORT TIME THAT THEY HAVEN'T DONE ALL THESE PROGRESSIVE THINGS AND SPENT ALL THE BILLIONS PAYING OFF DEBT AND PURCHASING GOLD AND PRINTING EVEN MORE NEW LOWER DENOMS TO JUST STOP. THEY WILL GET IT DONE ONE WAY OR THE OTHER...WE WILL BE BLESSED IN DUE TIME. THERE IS ZERO REASON OR USE FOR LOWER DENOM IF THEY DON'T VALUE THE DINAR A RATE WORTHY TO USE THE LD'S .. THIS ALONE IS PROOF THEY ARE GOING TO RAISE THE VALUE OF THE CURRENCY. [post 2 of 2]
4-15-2014 Intel/Newshound Guru Poppy3 WELL IT APPEARS THE CONTRACTORS EVIDENTLY HAVEN'T BEEN PAID TODAY AS REPORTED AND WE HAVEN'T HEARD THE RV EITHER ... AS WE REPORTED...THE SOURCES STATED THE INFORMATION WAS BASED ON THEY HAD BEEN PROMISED AGAIN THAT 3 OF THE GOVERNMENT CONTRACTORS WERE TOLD THEY WOULD BE PAID IN REVALUED DINAR TODAY. THIS HAD HAPPENED LIKE SO MANY OTHER THINGS MANY TIMES OVER THE LAST TWO YEARS BUT WITH ALL THE MOVEMENT LATELY BY THE CBI THEY TRULY THOUGHT THIS TIME WOULD BE THE RIGHT TIME. SO, EVIDENTLY SOMEONE OR SOMETHING HAS HELD UP THAT HAPPENING AGAIN. [post 1 of 2....stay tuned]
4-15-2014 Newshound Guru tlm724 economist earlier called for those in charge of the economic sector in Iraq to re-evaluate the value of the currency after it enhances the cash reserve quantities of gold...so re-evaluate the dinar after they got their gold to a level they are comfortable with and they HAVE that level now! Article quote: "the Central Bank reserves to rise the value of the dinar to a higher level compared to its exchange rate against the dollar" there you go raise it above the value of the USD and the CBI has the reserves to cover that! [post 2 of 2]
4-15-2014 Newshound Guru tlm724 Article quote: "The amount of cash reserve represents bumper biggest fluctuations in oil prices follows affect the fluctuation of the exchange rate where it not for the strength of the amount of the reserve sovereign to the value of the dinar" so IF they didn't have the huge reserves then the dinar would be unstable but that is NOT the case now! the value of the dinar is NOT reflecting it's true value YET. [post 1 of 2....stay tuned]
4-15-2014 Newshound Guru Shredd Why are the reserves a big deal? Iraq is dedollarizing, updating their notes and are going to remove the zeros this year. The reserves have proven to provide stability. Soon we will see the monetary policy change and soon we will see a change in the valuation of the dinar. It's all connected and reliant upon it.
4-15-2014 Intel Guru Mnt Goat The Iraq budget and election hype are not holding back the RV and are just all hype. I can assure you Nouri Al Maliki does not have a chance in hell of being the next prime minister of Iraq. He knows it too. In fact many provinces are now refusing even to allow his name on the ballot. He is stubborn and is going to play out more tricks to try to stay in power. I do not think any of these will be successful. [post 2 of 2]
4-15-2014 Intel Guru Mnt Goat You are hearing on the news media only what the players in this global reset process want you to here and nothing more. There is an ongoing global meeting consisting of finance ministers and heads of the central banks of G20. The meeting began last Wednesday and will conclude today. It is being held in Washington D.C. So you see any hype about the global reset going prior to the end of this meeting is simply ludicrous. [post 1 of 2....stay tuned]
4-15-2014 Newshound Guru Tlar There are many economists in Iraq that feel this is an unnecessary expense and suggest that the CBI just delete the zeros and collect these notes along with the rest of the large three zero notes at the same time. This argument also has merit but for reasons unknown to us the CBI has decided to re-print these notes choosing to follow Shabibi's original plan which called for them to be left in circulation to die of natural causes. The good thing is every article says that all dinar currency of any denomination put out will be good forever. Some of the articles indicate this printing is being done now. Some indicate it is already done and ready to go. We are close. [post 3 of 3]
4-15-2014 Newshound Guru Tlar So the CBI has decided to reprint these notes while they have no value and either release them at the same time as the smalls or a little before they release the new smalls. Iran has been counterfeiting the large 3 zeros notes exclusively (5000, 10,000 and 25,000 notes) because of value. The lower notes the 250, 500 and 1000 up until now have values less than a dollar so they haven't been worth Iran's time or money to counterfeit. When they delete the zeros this value will astronomically go up and Iran is ready to counterfeit them. Because of the sophistication of Iran's distribution system, within a week Iran will be selling these new couterfeits into Iraq. So the decision to re-print these bills is a prudent one IMO. [post 2 of 3....stay tuned]
4-15-2014 Newshound Guru Tlar The CBI has made a strategic decision to re-print the 250, 500 and 1000 dinar notes before they actually delete the zeros giving them value. They...will have all the new features making it almost impossible to counterfeit including a raised portion of the bill that will allow the blind to feel the denomination of the bill. What the CBI fears is that when they delete the zeros using the 250, 500 and 1000 notes as the crossover notes to the new uncounterfeitable smalls, Iran will immediately start printing the old notes and they will flood the market with these counterfeits buying USD at a higher rate. [post 1 of 3....stay tuned]
4-15-2014 Newshound Guru Millionday [With all contracts and infrastructure and housing they need to get a reality rate.] we saw steps they are taking to raise the value of the dinar and set the international rates and they began a couple months ago it started with the announcement from cbi and also the compliance agreement with the private banks...
4-15-2014 Intel Guru hub ...the dinar in 1955 was $2.55, in 1990 it was $3.22 and it is going to be valued again...should be very close...iraq is too valuable and too proud not to have the iraq dinar in place again...there are several countries with worthless money, but all of them have nothing to offer the world at this time, so how does a country with billions of barrels of oil, gas, diamonds and gold not have a currency equal to its resource wealth...it doesnt...it will be equal to the intrensic value.
4-14-2014 Intel Guru TNT Tony Where we’re at is plain and simple. Yes, we were really quiet over the weekend. Yes, it could have been announced over the weekend. Yes, I expect it now. Everything has been done, and we are waiting until they decide to do it. Everything is in place at the banks, the exchange centers. We were told we would get the 800 numbers over the weekend, and again this morning, and we haven’t as yet. They had eight new banks over the weekend, and all had lower denominations. They are passing them out. The people over there are very frustrated because there are five regions where the prices and the currency are still different. This can happen at any moment. The process has been completed and we are waiting for that final stroke.
4-14-2014 Newshound Guru Millionday Article: "He said al-Khalidi that the Presidency of Parliament will announce hold a parliamentary session to vote on approving the budget as soon as the agreement of the Quartet between the Governments of the center and the region around the outstanding differences in the budget..." they are meeting and the results can bring an immediate meeting to vote through the budget if resolve takes place - now that would make sense by what we are seeing go on. [With the activity of today and the movement on the budget, do we think this is getting close to having a reality rate, like in 5-7 days?] i dont know the days but it certainly looks as if they are pushing very much to do this in a hurry - i know many predictions are within days.
4-14-2014 Newshound Guru Enorrste I...just...reading the article about the World Bank being concerned that the budget has not been approved thus far. In the article it is not so subtly stated that the "administration" expenses have grown substantially, starting last year, causing increased deficits. Can anyone see the word "corruption" here? What amazes me is that the World Bank would interfere in this matter at all. Technically they have nothing to say about a country's budget matters. What we are possibly seeing is another ramping up of the rhetoric from international sources, in this case the normally staid World Bank, to get Iraq to move forward. Let's just hope it works. Unfortunately, knowing what we do about Maliki, it will just piss him off more for their interference!
4-14-2014 Intel Guru Frank26 As for the RED POST...It is done. But just like so many other things waiting patiently for the new rate from the CBI ...So does my post. It is not just the post...It is the timing of it.
4-14-2014 Newshound Guru Enorrste I...am still hopeful...there is a great deal of pressure being exerted from outside Iraq to get this process moving forward. We have seen many steps in the right direction as well. The way I see it, though, is that the trigger could have been pulled for some time now...and yet it hasn't happened or even been discussed in terms of timing... So it comes back to Maliki and his corrupt cohorts who must be holding this up. I'm just saying...Only time will tell whether international pressure will be sufficient to get us to our goal. [post 3 of 3]
4-14-2014 Newshound Guru Enorrste Unless and until the high-level corruption is rooted out of the system, it is not clear that significant progress will be made for our investment. I don’t hold out a lot of hope for any lasting change in this situation, regardless of who is Prime Minister. Having said that, I am not intending to put everyone on a “total downer.” While we see all of the benefits for ourselves and for Iraq in the initiation of a free float, those who are benefiting from corruption that is rampant and pervasive in Iraq fail to see those benefits. This means that they have little or no incentive to move toward significant change (namely the float). [post 2 of 3....stay tuned]
4-14-2014 Newshound Guru Enorrste Article: "The Future of Iraq from an Iraqi Lawyer's point of view" Our investment is being held hostage to corruption at the very highest levels of the Iraqi government, and it is not clear that a change in leadership (which is not entirely likely) will brings us that much closer. When corruption exists at this level in Iraq it is nearly impossible for serious progress to be made. We have seen that the IMF and World Bank aren’t even that effective in getting Iraq into position for entry into the world economy. [post 1 of 3....stay tuned]
4-14-2014 Intel/Newshound Guru Poppy3 IF THEY HAVEN'T COMPLETED CHANGES TO BE MADE YET WE STILL HAVE SOME TIME TO WAIT. TIME WILL TELL BUT ALL THE NEWS IS POINTING TO RATE CHANGE. THEY HAVE PRINTED MORE LOWER DENOMS AND THE ONLY REASON FOR THEM IS IF THE RATE IS CHANGED. WE ARE ALMOST HOME. [post 2 of 2]
4-14-2014 Intel/Newshound Guru Poppy3 MY GUYS SAID THEY EXPECT IT NO LATER THAN TUESDAY AND THEY AS OF TODAY HAVE NOT CHANGED THEIR MIND. NOW THEY HAVE BEEN WRONG BEFORE BUT THEY HAVE BEEN RIGHT ABOUT MANY THINGS IN THE PASSED. IF THEY HAVE SATISFIED THE IMF IN ALL THESE MEETING OVER THE LAST WEEK THEN IT IS TRUE WE COULD SEE THE RATE CHANGE AT ANYTIME. [post 1 of 2....stay tuned]
4-14-2014 Newshound/Intel Guru Arthur I WOULD HAVE TO SAY THAT ALL THIS SUDDEN BUYING OF ALL THIS ADDITIONAL GOLD WHICH THEY THEMSELVES ARE SAYING IS FOR RAISING THE VALUE DINAR AND ENHANCING THEIR ECONOMY ALONG WITH ALL THESE MEETINGS WITH THE IMF, WB AND WTO PORTENDS REALLY GOOD POSITIVE MOVEMENT IN OUR FAVOR. WE ARE VERY CLOSE TO THE ELECTIONS. WE SHOULD VERY CLOSELY WATCH ALL THESE DAYS LEADING UP TO APRIL 30TH AS THESE CANDIDATES START DOING THINGS TO TRY TO IMPRESS THEIR PERSPECTIVE CONSTITUENCIES. THINGS ARE DEFINITELY HEATING UP AND GETTING EXCITING IMHO.
4-14-2014 Newshound Guru Kaperoni Article: "Parliament's (time): Central plans to change the current currency" [Have we heard an approx. timeline when these notes will be printed and hit the market?] the context of most articles is they are done. When they start using them could be anytime. Interesting that the Finance Committee is on board...that can only mean one thing..they like the plan and the plan includes raising the value.
4-14-2014 Intel Guru Frank26 [you must feel pretty confident. I haven't seen you make red related post in a long time.] Never ...Ever ...Have nor Done so. Of course I am confident ...It is too illogical not to be. I do not know when or how much. But I truly know I am not intoxicated with untruth. These are times to remember ...Forever. If You ever see me give You a RED post with FIREWORKS and AMAZING GRACE in the background then know this: Frank26 is done done. Yes, It means the CBI has posted a new rate for the IQD of value. [reference Frank26 post 4-13-2014]
4-13-2014 Intel Guru Okie_Oil_Man I HAVE BEEN SILENT KNOWING ALL ARE CONSTANTLY BOMBARDED WITH INFORMATION ON THE NET...THE NEWS BEING REPORTED RELEVANT TO THE IMMINENCE OF THE R/V IS TRUE. THE R/V HAS HAPPENED MANY DAYS AGO AND SIMPLY IS AWAITING RELEASE... WHEN ALL HAS BEEN SAID--WHAT MORE CAN BE SAID? WE ARE IN A STANDBY MODE FOR THE RELEASE...BUT REALIZE THEIR ARE A PLAN BEHIND THIS MADNESS. LET'S ALL MAINTAIN THE CONSTANT VIGIL AS IT IS INEVITABLE BECAUSE OF ACCOMPLISHMENTS BOTH NATIONAL AND INTERNATIONALY THAT HAS BEEN MADE JUST RECENTLY.
4-13-2014 Newshound Guru Stryker Article quote: “The head of the Economic Studies at the University of Kufa, an economist Raad Twigg, the central bank to take comprehensive measures to replace the currency and delete the three zeroes and determine the exchange rate of new Iraqi currency, instead of putting up a new currency confuse the deal in the local market.” These are the types of articles, statements and opinions from experts and economist that I said to expect going forward after the CBI announcing the re-print of current series of currency. I like that experts see what we are seeing in the fact it doesn't make sense just to print more of the same without change, it just means we are on the right track in our thinking!!!
4-13-2014 Intel/Newshound Guru Poppy3 [Are you saying the rate may come in at $3.00- $3.42?] IS WHAT I HAVE SAID FOR 2 YEARS NOW AND NO ONE HAS CHANGED MY MIND AT ALL.
4-13-2014 Intel/Newshound Guru Poppy3 WE HAVE SEEN MALIKI ACTING DESPERATE AND IT IS OBVIOUS HE IS BACKED IN A CORNER AND IS SCRAMBLING TO MAKE SOMETHING HAPPEN TO POSTPONE THE ELECTION OR TAKE EXECUTIVE ACTIONS ON HIS OWN. WITH ALL THIS BEING SAID IN THE PAST FEW DAYS IT SHOWS VERY OBVIOUS TO ME THAT WE ARE IN A GREAT PLACE TODAY AND GOING FORWARD IS GOING TO BLESS US BEYOND OUR IMAGINATION. [post 2 of 2]
4-13-2014 Intel/Newshound Guru Poppy3 WE ALL READ TONS OF GREAT PROGRESSIVE NEWS…THEN WE HAVE HAD…SOURCES THAT HAVE ALL LINED UP STATING WE WILL SEE THE RV DURING THIS COMING WEEK AND EVEN SOURCES SAYING THAT IT WILL FALL NO LATER THEN TUESDAY AND I HAVE NOT HEARD ANYTHING DIFFERENT AS OF TODAY. IF YOU LISTEN TO…BGG AND MR WHITE AND OTHERS...THEY HAVE ALSO INDICATED THEIR CONTROLLED EXCITEMENT THAT THINGS HAVE LINED UP AND EXPECTATION OF ALL THE POSSIBILITIES ARE THERE TO SEE THE RV AT ANYTIME. [post 1 of 2….stay tuned]
4-13-2014 Newshound Guru Aggiedad77 Article: “CBI: 90 trillion dinars size of the financial reserve” Well for the month of February 2014 the reserves in the CBI grew to an equivalent of 90 trillion dinars.....putting Iraq in a financially stable position....so says the CBI. Quote: “Central Bank reserves exclude reach 100 billion dollars for "feeding the expansion of foreign trade" for the private sector” So in equivalency terms the CBI hard cash reserves stand at $100 billion dollars...somewhat due to foreign trade in the private sector...thru the daily auctions the dollar remains in high demand.
4-13-2014 Intel Guru Frank26 I do things with purpose like a pilot calculating his landing. Therefore know this...I take off 14th and 15th for more than just the Celebration of my anniversary. I prepare the groundwork for a...Red Post. [If I remember right--Red Post means RV.]
4-13-2014 Intel Guru Footforward Iraq has been ready for 2 ½ years to do this. The bonds have been issued and that is factual. We were waiting on that. Some say there are triggers...I find it a waste of time. We know what we need to know. I believe we are very close to the RV. I don’t have a specific date and I don’t have a specific rate. I don’t know if it’s days, weeks or months, but it’s close.
4-13-2014 Newshound Guru wmawhite Keep in mind that many parts of the budget is dependent upon an improved exchange rate of the IQD...the IQD/nor an improved rate of the IQD is dependent upon the budget. the CBI has the keys to the car...the budget is the car.
4-13-2014 Intel/Newshound Guru Poppy3 only way the budget can help the loans and investment will be if the value of the dinar makes investing in iraq profitable. AS WE HAVE SAID...MOST ALL THESE LAWS WILL BE ALMOST SIMULTANEOUS WITH THE RV.
4-13-2014 Newshound Guru Millionday they have given a timeline and it is this week for the budget...they were to be back from washington. they are to start activating the results of the washington meeting within two days after their return. we don't know when the rate for the dinar will come out -- they want the budget passed before the elections and have that committee to get it done and seem to be moving fast with it. i have not seen any reports that have said the budget is put off until after the elections...i know the elections are the 30th of this month. [post 2 of 2]
4-13-2014 Newshound Guru Millionday Article quote: "...all the political blocs to seek to create an atmosphere of understanding shared between them for approving the budget, especially as the people still waiting to pass the law as soon as possible, and in a form that leads to the continued provision of services that could provide funds for service projects" the passing of the budget will activate the loans--investment-- and economic -- along with projects -- so there is a lot that is expected to come at the same time as the budget...all at the same time makes sense. [post 1 of 2....stay tuned]
4-13-2014 Newshound Guru Kaperoni Article: "Iraq announces its intention to buy more gold in the coming months" [Anyone have a clue why they're so intent on buying that much gold lately?] They want to support monetary policy. This includes stabilizing the exchange rate (which would mean meeting IMF conditions) and selling gold to citizens in dinar which will strengthen the currency by reducing the money supply. This is all good.
4-13-2014 Newshound Guru Aggiedad77 Article: "Soon .. open-ended sit in front of the parliament until the adoption of the budget" seems that the Maysan province is planning an old fashioned "sit-in" with the governor of the province leading the way in getting permits to do so...in front of Parliament...hold them hostage until they pass the budget...on a related subject, the World Bank issued a warning to the GOI that they would put Iraq on their black list if the GOI continues to intervene in the work of the CBI and attempts to make private loans from it.
4-12-2014 Intel/Newshound Guru Poppy3 18 days till MALIKI REMOVAL AND 4 DAYS TILL RV -- SOUND VERY GOOD TO ME IF THEY WILL NOW JUST GET-R-DONE.
4-12-2014 Newshound Guru Tlar The CBI is ready to delete the zeros and introduce the smalls as they have told us in December and again in January. I personally think they have the date picked. We will get no more leads or heads up because that can be disastrous to both the plan and their banking system... We know this is very serious business the closer they get and the CBI has to be very careful about what they disclose to the public, leaning always now on hidding their true intentions. So again we wait to find the truth.
4-12-2014 Newshound Guru Millionday let me say the buying of the gold and the customs and the reserves and also the printing of the currency and the addition of the coins and also the development bank of the world bank and the economic meeting in the US now, we have multiple positive things going on right now -- there is no way to ignore the very positive things that are going on.
4-12-2014 Intel Guru Jester THIS IS NOT BEING HELD UP LIKE YOU THINK...IT IS A PLAN...A PLAN DOES NOT HAVE TO HAVE A REASON IT IS BEING HELD UP... BECAUSE IT ISN'T... I HAVE BEEN TELLING YOU... NOTHING IS HOLDING IT UP... IT ISN'T READY YET...STOP LOOKING FOR REASONS IT IS NOT HAPPENING. [Jester do you think it will happen in the next 6 months are we in to next yr now?] WELL I CERTAINLY WILL BE SURPRISED IF IT GOES OUT THAT FAR... RIGHT NOW I AM IN THE 90-120 DAYS CAMP.
4-12-2014 Intel Guru Frank26 [With the Kurds language on the new currency and the lower denoms, Iraq/Kurds has to be off the terrorist list to go international. IMO, this is one of the last things that need to be done before the release. I hope this means all systems go AoP.] IMO, Your post is spot on. As we do not know the date nor rate neither do we know the final check list that is also so illusive. Indeed...This removal is significant...Even though it was unknown to us. IMO, This is of value with the progress.
4-12-2014 Intel/Newshound Guru Poppy3 new news early today from Washington CONNECTION. No later than Tuesday. Sources excited on phone said I could share. KEEP IN MIND THESE PREDICTIONS AND SOURCES HAVE BEEN WRONG BEFORE HOWEVER THEY REALLY SOUNDED SURE AND...EXCITEMENT IN THEIR VOICE. NO RATE OR SPECIFIC DATE JUST THAT IT WILL HAPPEN NO LATER THAN TUESDAY. QUESTION WE HAVE TO BE AWARE OF THE POSSIBILITY OF THIS BEING PLANTED INFORMATION ONLY THING IS AT THIS TIME I SEE NO REASON FOR THERE BEING PLANTED INFO LIKE IN THE PAST WHEN THERE COULD HAVE BEEN POLITICAL REASONS FOR PLANTED INFORMATION. TIME WILL TELL.
4-12-2014 Newshound Guru Aggiedad77 Article: "Central Bank distributes Iraqi funds abroad between different banks" The CBI is taking measures to protect its money abroad by distributing its funds into a number of different banks...this comes as a result of the US ceasing their protective measures for Iraqi funds on May 22, 2014.
4-12-2014 Intel Guru EXOGEN THE DONG IS NOW TRADING AT 47 CENTS IF YOU KNOW HOW TO ADJUST YOUR NETDANIA SETTINGS. [Who told you that Dong is now trading at $.47? Are we suppose to believe that while it's still showing to be worthless?] NOBODY HAS TO TELL ME ANYTHING ITS LIVE PUBLIC INFORMATION ON NETDANIA TRADING CHARTS IF YOU KNOW HOW TO FOLLOW THEM- PUBLIC INFORMATION.
4-12-2014 Newshound Guru Millionday there are a lot of people that say when we see the federal council that is when we will see the reality rate -- the reason is this -- the federal council -- is what makes all of the laws in their country internationally accepted. [When is Fed Council supposed to implemented?] it is signed with the UN now...the ceremony was done today [Friday] -- so it is done. [the federal council being a reality what does that do to our timing?] some people say that this is what we were waiting on but i dont know the date. [post 2 of 2]
4-12-2014 Newshound Guru Millionday CBI is here in Washington and having a meeting with the US -- World Bank- IMF and economic leaders from all over the globe...they are saying that all results of how they are going to activate the entire economic reform will be done within two days (couple) so we would think the banking reforms, monetary policy, banking regulations...they didn't not specifically say the rv but they would have to throw in reality value in there as well somewhere for it to work correctly. [post 1 of 2....stay tuned]
4-12-2014 Newshound Guru Tlar Strategically it is a smart move to get these notes printed and distributed before they drop three zeros otherwise the currency is still vulnerable. Once they drop three zeros the value of these notes will soar and...Iran would definitely switch to counterfeiting these notes because of value. Its a must do for the CBI. It goes along with the plan to delete three zeros and is absolutely a necessary evil first step. [post 2 of 2]
4-12-2014 Newshound Guru Tlar The plan all along said they were going to leave the 250, 500 and 1000 notes to circulate with the new smalls. These are crossover notes. ...the CBI has determined strategically that they must first print and distribute the new uncounterfeitable notes (250-1000 while they still have no value. Its a very smart move. They must do this before they introduce the new smalls or at the very least these notes must be ready at the same time they introduce the smalls. If they brought out the smalls before they re-printed these notes, Iran would be counterfeiting the old 250, 500 and the 1000 notes before the week was up. So the CBI is re-printing these notes to make sure that doesn't happen. [post 1 of 2....stay tuned]
4-12-2014 Newshound Guru Adam Montana [could the RV holdup be due to a soon-to-be "world financial reset"?] I don't think so - any "GCR" that might happen will be completely independent of Iraq's exchange rate.
4-12-2014 Intel Guru TNT Tony ...the DFI funds were released on Monday. The DFI were not to be released until after the RV. You can’t get any plainer than that...The bond sales did go through, the rate was $3.71; how can you sell bonds and ship cargo without an international currency? The bonds and the rates on their cards are both $3.71, so how people can think it will be less than $2 is beyond me. I’m...excited and feeling really good about where we are. This is about to be over. Iraqi elections started today, and everybody we talked to wanted it done by today. The fact of the matter is that nobody is arguing, fussing or fighting. It could show up in the next three minutes, three hours or three days. We are all just waiting.
4-12-2014 Intel Guru TerryK I GOT A CALL TONIGHT. THIS SOURCE TOLD ME TO SIT TIGHT. WATCH WHAT HAPPENS SATURDAY. 4 BANKS NOTIFIED OF RATE CHANGES TODAY [FRIDAY]. THEY DID NOT SAY WHEN THEY WILL GO INTO EFFECT BUT I WOULD SAY THIS - THANK THE LORD FOR YOUR BLESSINGS. IT’S HERE PEEPS. THEY WOULD NOT TELL ME THE RATE BUT THE LETTERS (EMAILS) HIT TWO BANK CONTACTS THAT I CALLED...SO I KNOW TWO OF THE 4 GOT THE EMAILS.
4-11-2014 Intel/Newshound Guru Poppy3 No RV until after election per Dr. Selah - Reason: To increase the dinar at this time will interfer with the election. LOOK RICH FRIENDS THE INFLUENCE ON THE ELECTION IS EXACTLY WHY I SAID MALIKI WOULD PUSH TO GET IT DONE ASAP THIS MONTH SO HE CAN GAIN SOME FAVOR WITH THE PEOPLE AND GAIN HIM SOME SUPPORT. THEN I HAVE SAID SEVERAL TIMES FOR OVER A MONTH THAT THINGS CHANGED 180 DEGREE'S WHEN THE KURDS AND OTHER STOPPED PULLING FOR THE RV BECAUSE THEY WANT MALIKI OUT SO IT COMES DOWN TO WHO CAN MUNIPULATE THE SYSTEM AND IF MALIKI IS WANTING IT WE HAVE THE BEST ADVOCATE WE COULD HAVE AT THIS POINT RELAX EITHER WAY THE RV IS GETTING CLOSER DAILY AND THEY HAVE ANNOUNCED TO MANY TIME 2014 WILL BRING RICHES. THERE ARE MORE AND MORE OF OUR NEWS MEDIA EVEN TALKING DINAR NOW...
4-11-2014 Newshound Guru Millionday all swift codes are established for international banking...it appears that western union is set up -- the lower denoms and coins are distributed into the banks...they have passed many many foreign investment laws and they are in washington about the economic policies having some very important meetings -- hmmm -- dont hold your breath because it is unhealthy but oh boy cross everything!!
4-11-2014 Newshound/Intel Guru BGG "No RV until after election per Dr. Selah - Reason: To increase the dinar at this time will interfer with the election..." Which is the very case I have made FOR a pre-election RV...If Maliki feels he can manipulate this situation per his electoral gain - we have a chance... so - in my mind, this is GREAT NEWS*
4-11-2014 Newshound Guru tlm724 Article: "IMF: Iraq tops the Middle East countries in GDP growth" Quote: "showed Iraq in the forefront of countries in the Middle East in terms of GDP" *hallelujah* they can't help but grow, look at all they have, money, gold, oil the list goes on and on...now all they need is a representative rate for all that wealth.
4-11-2014 Newshound Guru Aggiedad77 Article: "Iraq is losing 13 billion dollars a month because of delays in the ratification of the budget" It has been pointed out that Iraq is currently losing $13 billion dollars a month because of not having a budget in place for 2014.....many projects of all types are being affected by this....just as citizens are being impacted as well....their financial system is heading for a state of chaos if the gridlock continues.
4-11-2014 Intel Guru TerryK HEY ALL SOURCE JUST CALLED. IT'S GOING DOWN THIS WEEKEND, LIKE FRIDAY NIGHT. CROSS YOUR FINGERS. WELL SOURCES, TWO OF THEM, THIS AM HAVE INDICATED THAT EVERYTHING IS COMPLETED AND WE CAN SEE THIS AT ANY MOMENT. MOST LIKELY TONIGHT THRU SUNDAY.
4-11-2014 Newshound Guru tlm724 Article: "Economists: speculators profit from the sales of "dollar auction" 216 million" Quote: "warned of suspicious transactions through an auction sale of the currency" well I don't know about auction corruption but what I do know is that Turki is making his move! Buying gold and backing the "real" value of the dinar which I hope he will reveal soon!
4-11-2014 Newshound Guru Millionday they are not circulating it right now because it is only useful when the change goes along with the value of the coin. it seems as if they are announcing this they dont expect much time to pass now -- we dont have a date or rate but it would seem close for all of this work going on. [post 2 of 2]
4-11-2014 Newshound Guru Millionday Article Quote: "With ready Iraq Central Bank to launch other amounts, including six categories of D. The appearance of Mohammed Saleh: new editions of the coin challenge of fraud Baghdad...which promised financial expert specialist "new generation" of the coin carries all international standards..." the coins have been sent out to all banks and the new denominations. the money is being issued to all banks and that is by CBI and they have held a huge press conference stating that they have the funds and here they are. so the fact that they will have them available is not the news -- the issue of the coins to the banks -- now that is a whopper. [post 1 of 2....stay tuned]
4-11-2014 Newshound Guru Aggiedad77 Article: "Financial expert: new editions of the coin challenge of fraud" Dr. Mohammed Saleh spoke out regarding the new currency...he stated one of the many functions of the CBI is to manage the currency...the existing currency has been around since 2004 and much of it that is/was in use is tattered and damaged so dealing with it is getting to be a problem...plus the technology from 2004 to the present has changed greatly and now allows for better security features to be built into new currency that is printed...
4-11-2014 Intel/Newshound Guru Poppy3 DON'T WORRY ABOUT THE REPRINTING OF MORE CURRENCY, THAT IS A GOOD THING...SINCE THE SMALLER DENOMS WERE PRINTED IN 2011 THEY HAVE RELEASED BILLION MORE DINAR SO IT IS OBVIOUS THEY WILL NEED MORE LD'S THAN THEY FIRST PRINTED AND THEY ARE ADDING A LITTLE MORE SECURITY. ALL THIS IS GOOD NOT BAD.
4-10-2014 Newshound Guru Adam Montana [Do you think the recent purchases of gold have anything to do with the R/V?] YES, and for more reasons than I can relate in this short chat! Iraq is led by smart people, and smart people believe in precious metals... so if Iraq will ever move away from the Dollar, then shouldn't they have Gold in their vaults?
4-10-2014 Intel Guru TNT Tony [via Already Blessed] YOU ARE NOW EXPERIENCING THE CALM BEFORE THE STORM - PLEASE PREPARE TO BE OVERWHELMED.
4-10-2014 Intel/Newshound Guru Poppy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
4-10-2014 Intel/Newshound Guru Poppy3 TODAY ANNOUNCEMENT THAT THE FIRST PIZZA HUT IS OPENING NOW IN BAGDAD...THEY ARE NOT THERE FOR 1166. LOL, LOL. THE DELEGATION...THAT WAS IN WASHINGTON AND NEW YORK FROM CBI NEVER LEFT THEY HAVE BEEN JOINED BY EVEN A LARGER GROUP AND ARE IN MEETINGS IN WASHINGTON AGAIN AND HAVE PRIVATE SIDE MEETINGS SET WITH THE IMF...THEY ARE HERE TALKING ABOUT MONEY, ECONOMY, BANKING, FINANCES AND MOVING FORWARD AND WHAT IF ANYTHING ELSE NEEDS TO BE COMPLETED. THEY ARE WORKING ON GETTING READY TO PAY ALL OF US I HOPE. LOL, LOL THEY ARE NOT STATUS QUO AT ALL...THEY EVEN SEEM IN A MODE OF URGENCY. [post 1 of 2....stay tuned]
4-10-2014 Newshound Guru Aggiedad77 Article: "Finance: let the CBI improve the status of the dinar against other currencies" The Finance Committee has announced that the IQD is stable...that the CBI needs to be allowed to manage the IQD with regards to stability against other currencies....the CBI is taking appropriate actions to put the IQD in front of other currencies.
4-10-2014 Intel Guru Nova The Swift Codes Have Been In Place For A Few Years. But You Have Been Unable To Use The Codes With The IQD. It Does Look Like They Have Been Updated A Little, So This Might Speak To The IQD Going International Quite Soon.
4-10-2014 Newshound Guru Kaperoni Article: "With ready Central to launch other amounts, including six categories of" I don't think they plan to make the larger notes everyday on the street. As the one article the other day said..the "250, 500 and 1000 are only for circulation daily" This makes sense if they plan to raise the value...which we know they are. I will be excited when the economic laws are passed and the CBI is in compliance. I then will know we are close to a float and Article VIII.
4-10-2014 Intel Guru Jester WE HAVE THE DINAR IN THE USA...CHINA NEEDS OIL...HMMMMM...CHINA HAS A LOT OF OUR TREASURY BONDS... A LOT OF OUR DEBT... HMMMM...SOOOOOO...YOU THINK A DEAL MIGHT BE MADE...? CHINA GETS WHAT THEY LIKE... THE US GETS WHAT THEY LIKE... WE GET WHAT WE LIKE...THE SIMPLE RESULT IS THE US GET DEBT RELEASED... CHINA GETS SOME CHEAP OIL.. WE GET A BAZILLION BUCKS... AND IRAQ SMILES BECAUSE UNDER THIS SCENARIO THEY GET RID OF A BAZILLION DINAR FOR CHEAP BECAUSE THEY SUPPLY THE OIL FOR PENNIES. [post 2 of 2]
4-10-2014 Intel Guru Jester WE ARE SITTING HERE...HAVING INVESTED... THEY COULD MESS US AROUND AND LEAVE US OUT... DO NOT BE CONFUSED ON THAT ISSUE... BUT THEY WILL NOT...BECAUSE THE DINAR IS WORTH SOMETHING...SOMETHING IMPORTANT TO SOME... ENTER THE OIL CREDITS... AND A WAY TO CAPITALIZE ON SEVERAL FRONTS WITH THE CONVERSION OF DINAR TO OIL CREDITS...SOOOOO.... LOOK AT THE VALUE OF WHAT YOU HAVE IN YOUR SOCK DRAWER...VALUABLE IF IT CAN BE CONVERTED TO OIL CREDITS. [post 1 of 2....stay tuned]
4-10-2014 Newshound Guru Adam Montana [after all of the readings have taken place, how long will it take to get it in the Gazette] I am guessing, but I doubt it will be more than a day for a significant change. [if you were Maliki would you be more interested in getting elected or trying to stop the RV, and the countries economy in general.] If I was Maliki - All the above. [just how stable is the country of Iraq at this time?] How stable is Iraq? I really really really like Iraq right now. I'm staying in!
4-10-2014 Newshound Guru Millionday SWIFT code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers. the news of Iraq developing or at least the (BIC) working on their codes came out a little while ago...they announced that they were working on it as they began the banking reform. [didnt Western Union set up shop last year?] they began with a meeting and showed up to get it rolling but -- they have been able to transfer limited and not from back and forth internationally etc -- not all services due to not having internationally recognized currency. the code of Iraq [is now] given and listed as operational. so this means that the western union service is done and ready in Iraq. ...now this is something to be excited about.
4-9-2014 Intel Guru DC [via Adpet1] In the East, Iraq is moving forward, DFI funds have been released, and there are articles on that. The DFI are really important – those are the funds the US and others have been protecting from lawsuits and such. Those DFI were explicitly put in the rules, and an open part of the revaluation. Those were released Monday evening...In Iraq, on television, radio and newspaper, they have been saying “international monetary reform” is in process before the election. I'm not an excitable guy, but I’m excited now.
4-9-2014 Intel Guru TNT Tony [via Adpet1] To let you know, all this morning and last night, over the weekend, we honestly never thought we’d make it this far. There are so many positive good things that we are hearing; we are so close. I feel better about this than I have in the last four years. It was on OUR news about the release of the DFI...The DFI announcement was not supposed to occur until AFTER the revaluation! Also, in the news there has been information about the global reset…Everybody is happy; nobody is fussing or fighting. Our time is coming and hope this is our week.
4-9-2014 Intel Guru Nova [via anonymous] The CBI is doing everything it can to stabilize and add value to their currency. IMO, opinion the CBI is doing everything required to have an international currency. What impact do the elections have on this? IMO, the IMF controls the exchange rate on all member nations, and he feels the IMF is NOT waiting on any elections to release the new rate. The elections have nothing to do with the new rate, and the IMF will release it when the IMF is good and ready.
4-9-2014 Intel Guru Mnt Goat The banks of Iraq are now distributing the lower denominations in almost all provinces. This is huge for us and the RV. This is part of the currency reform process and was not supposed to happen until the announcement of a new rate. They held up this event then because they needed to wait for other issues in dealing with the RV process to catch up. Now they are ready. The new coins are also set to be let out to the public. I would watch for this event. It is coming very shortly and will be an indicator to us of just how close we are to the formal announcement. [post 3 of 3]
4-9-2014 Intel Guru Mnt Goat ...the elections formally begin this week in some provinces. The other provinces will also vote between now and the 30th April...I can see how some might get confused and...keep saying the elections are not until the end of April...let me assure you now the elections have very little effect on the RV process. There is a move to disrupt the elections by Maliki and this should be of no surprise to anyone that he would do this to his own country...I whole heartedly believe Maliki will not be re-elected since there is an underground movement in Iraq to deal with him. [post 2 of 3....stay tuned]
4-9-2014 Intel Guru Mnt Goat There was lots happening yesterday and all week...The news could not be any better! Let me first say once again that the budget approval does not drive the RV but rather the budget is driven by the RV. The budget will not be announced as done until the RV is announced. All of a sudden one day they will spring the budget on us and it will coincide with the currency reform. Parliament must stall the budget since the CBI has not yet announced the revaluation of their currency and there are details of the new rate within the budget. [post 1 of 3....stay tuned]
4-9-2014 Intel Guru Delta Iraqia TV is constantly reporting about the Monetary Reform…There is also a group of very smart experts in Monitary Reform from the USA at the embassy in Iraq assisting with this process. IMO, everyone who made the decision to invest in the IQD made a very smart decision and you will be blessed for a lifetime or longer. [post 3 of 3]
4-9-2014 Intel Guru Delta The notes we have will remain legal tender and co-exist with the new currency!!! When the CBI revalues the dinar, our currency will still be legal tender to the CBI...IMO, for well beyond 2 years. So why is the CBI printing new 3 zero notes? They need it for transactions with nations...They need the large bills for large financial Institution transactions. this announcement about the new currency is the best news for our investment and it should make us all very happy. [post 2 of 3....stay tuned]
4-9-2014 Intel Guru Delta [via anonymous] Today the CBI made an announcement that many people took as bad when it really is very good news. The translation is the best way to fight corruption is added security in the 250, 500 and 1000 notes. This better paper and added security features will make the currency last longer, and stop counterfitting. New markings on the 5000, 10,000 and 25,000 will help the blind differentiate between notes and new security features added that can only be seen with a blue light. [post 1 of 3....stay tuned]
4-9-2014 Intel Guru Okie_Oil_Man We should be hearing news soon about what has already happened not what is going to happen.
4-9-2014 Intel Guru Frank26 [via anonymous] IMO, all the paperwork for the Monetary Reform was signed 2 weeks ago. They were signed in Bagdad and this past Sunday was taken to Washington D.C. and the UN...I-Team reported that this morning there was a meeting at the UN ...A document was translated saying Iraq is getting ready to make a big move, and it was discussed at the UN! No one knows what the big move is, it could be many things, but IMO, the Monetary Reform documents have all been signed.
4-9-2014 Newshound Guru Adam Montana [I understand the UN has given Iraq a deadline of April 14th to finally pass the budget. What if Iraq does NOT do this? Also, what if Maliki gets a THIRD term...Would this KILL the RV?] First - the UN...can't force Iraq to do anything at this point. Second, if Maliki wins a third term (which I believe he will), that just gives him the freedom to push things in his favor... and you'll be hard pressed to find a way that an RV won't benefit him.
4-9-2014 Newshound Guru Millionday this was done for the implementation of the economic reform and monetary policy and exchange rate...they may float but it will be from a reality rate not from the imposed rate. the rate is calculated at a reality rate by what they have to hard back it -- gdp -- and the rest of the figures used to calculate what the rate will be...international currency laws makes any formal currency hold its face value and when it changes in rate they give time as far as history shows to exchange them in. [post 2 of 2]
4-9-2014 Newshound Guru Millionday Article Quote: "...Iraqi Central Bank as a bank independent under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions daily for buying and selling currencies." so, they are preparing for the new exchange rate and of course the exchange as they have made very clear -- this is great news, huge huge... [post 1 of 2....stay tuned]
4-9-2014 Intel/Newshound Guru Poppy3 LETS THINK ABOUT NEW NEWS, LIKE THE POSSIBILITY THAT A MAJOR BANKING ANNOUNCEMENT IS SCHEDULED FOR 9 AM IN THE MORNING [WEDNESDAY] THAT HAD BEEN POSTPONED ON THE 6TH TO THE 9TH...WHAT THE ANNOUNCEMENT IS I DON'T KNOW. I HAVE JUST BEEN TOLD THREE TIMES IN THE LAST TWO DAYS THERE IS SUPPOSED TO BE A MAJOR ANNOUNCEMENT INVOLVING THE WORLD BANK AND INTERNATIONAL BANKING. LETS JUST PRAY IT HAS GOOD IMPLICATIONS TOWARDS YOU AND I AND MONEY.
4-9-2014 Intel/Newshound Guru Poppy3 redenom has already been done long ago . They have had LD'S for 4 years now. When they change value they have to have newly redominated bills. LD'S BEEN LOADED INTO MANY OF THE NEW ATM MACHINES SINCE JAN 2011.
4-9-2014 Newshound Guru Kaperoni [Why can we buy and have all the large ooo notes that we want, and they brand spanking new but in country they are all worn out?] this is a question that many have asked...Much of what we own was never circulated and IMO printed with the purpose to be sold outside Iraq to rebuild the central bank reserves. As one document said...a controlled leak. We don't use the currency itself so it stays pristine over the years and some sell back to the dinar dealers, which in turn it gets resold. So you have a recycling of sorts as well of currency that is in good to excellent condition. Latest numbers I heard from a dinar dealer was about 20% of dinar being sold now is recycled (people give up, sell it back etc.)
4-8-2014 Intel Guru EXOGEN WE ARE HEARING ASSET BACKED CURRENCY ANNOUNCEMENTS OUTSIDE OF THE USA HAVE STARTED.
4-8-2014 Newshound Guru Aggiedad77 Article: "Central distribute Iraqi funds abroad between different banks" The CBI has met with international consultants to devise legal mechanisms and financial procedures that will protect Iraqi money held abroad....this in front of the May deadline that the US has announced where it will no longer protect Iraqi funds....this is being done for protection against some creditors for doubtful debts....who are apparently already trying to harass Iraq through legal means.
4-8-2014 Intel/Newshound Guru Poppy3 LIKE WE HAVE SAID BEFORE THEY ARE NOT DOING ALL THIS FOR NOTHING THEY HAVE A PLAN AND THEY ARE MOVING IT FORWARD. LOOK AT ALL THEY HAVE ANNOUNCED AND DONE IN THE LAST MONTH TOWARDS ECONOMY AND BACKING THEIR RESERVES WITH MORE HUGE RESERVES--- OF COURSE IF YOU ARE ABOUT TO HAVE THE STRONGEST CURRENCY IN THE WORLD YOU BETTER MAKE SOME PREPARATION AND BE PREPARED. [post 2 of 2]
4-8-2014 Intel/Newshound Guru Poppy3 THEY HAVE TO MAKE TRILLIONS TO REPLACE AND REPAIR THEIR INFRASTRUCTURE...SO THOSE OF YOU WHO THINK...THEY DON'T NEED A RV YOU BETTER THINK SOME MORE. THEY NEED TRILLION AND THEY HAVE IT AND THE ONLY WAY THEY CAN ACCESS IT IS VALUE THEIR CURRENCY ON A INTERNATIONAL LEVEL AND TURKI AND SHABIBI HAVE BOTH STATED THATS IS WHAT HAS TO HAPPEN. [post 1 of 2....stay tuned]
4-8-2014 Newshound Guru Stryker Topic: "CBI announces the re-Karim print the current series of banknotes using a high quality of paper" This is the best news yet, after 11 years this is the first sign of the new banknotes being really printed. The lower denominations should follow shortly. 250, 500 and 1,000 notes will be at the top of the lower denomination food chain and the 5,000, 10,000 and 25,000 dinars will be used for commercial transactions in my opinion. Article Quote: "does not mean it will cancel the old currency or withdrawn, but will be traded in both currencies" This means that it will not affect the current currency we/they hold and that they will not start withdrawing it YET!!
4-8-2014 Newshound Guru Kaperoni ...our Arabic translator...had a different perspective...that the CBI may be doing exactly what is said...just printing some new dinar. He said the GOI needs to show they are listening to the public and the dinar in circulation is worn out. That this may in fact simply be a way to say..hey we are replacing the currency and we hear you. He mentions that he agrees the dinar needs to go up in value soon and everyone is waiting for that, but this may simply be to pacify the people until that time happens. (post 3 of 3)
4-8-2014 Newshound Guru Kaperoni But if they say...were printing you new 5000, 10000 and 25000 dinars with new paper and security features, it should make the citizens happy. Keep in mind, Iraq wants International banks and International investment, they want a market economy, and they want the WTO. All of which require a convertible international currency. Its coming..."let it come to us. (post 2 of 3....stay tuned)
4-8-2014 Newshound Guru Kaperoni Article: "The Central Bank put the icons in the currency to help the visually impaired to know" I don't believe they are printing more 3 zero notes. I believe they are printing the new lower denomination notes and are explaining the citizens that these will come out with new security features, better paper, etc. The statements that reference larger notes I believe are only in comparison (purchasing power) and not what is actually being printed. In other words, I do not think they could come out and say...hey were printing a 1, 5, 10 and 25 dinar notes. People would say...What? why those are worthless. (post 1 of 3....stay tuned)
4-8-2014 Newshound/Intel Guru BGG Article: "The Guardian: Maliki favorite to win the premiership for a third term" The only suspicious part about this article is it “flies directly in the face” of the nature of the Iraqi electoral system. They don’t vote directly for a candidate. They vote for a party (or “list”). The winning “lists” then form (likely) coalitions and from these groups come the nominations for various jobs. For instance – the Prime Minister nominee. Hence, it is at least as important to be liked by ones peer politicos as with the actual voter. Maliki is not overly popular with either group. There is a long way to go yet.
4-8-2014 Intel Guru EXOGEN Per conversation the RV Release date is now in a sealed envelope that only China and the IMF know the exact release date. This was done to eliminate the Illegal Currency Manipulation, ie FX Probes. The final tranches to fund the RV & GCR took place on Friday, and the United Nations has completed all items required for Iraq to become an Internationally Tradeable Currency. Iraq has also submitted all paperwork required to become a full member of the World Trade Organization.
4-8-2014 Newshound Guru Aggiedad77 Article: "Central : reshuffles security on the new edition and raise the image of Ibn al-Haytham category 10000" Here the CBI says the old and new will co-exist together...they are dealing with counterfeiting issues...especially with the 10k notes...and they are helping the visually impaired with new enhancements...and...here is another fact that most seem to be overlooking...Turki's signature will be on these new notes...that by itself is an indicator that this printing was probably started months ago...IMO.
4-8-2014 Intel Guru Nova Why Would It Be Any Different For Iraq, Or Why Would We Want It To Be Any Different? I Don't! I Want The CBI To Have All The Notes To Back Up Its Money Supply!! Last Thing Why Are They Not Talking About The LD's? Because There Already Printed! [post 2 of 2]
4-8-2014 Intel Guru Nova A Dinar Is A Dinar Is A Dinar, And Will Always Be A Dinar. A One Dinar Note Will Always Be A One Dinar Note & A 25K Dinar Note Will Always Be 25 Thousand Dinars. Once The Dinar Is Internationally Tradable Its Purchasing Power Will Increases In Iraq Because The Countries Revenues Will Be Accounted For In IQD. Ask Yourself This, Why Dose The UST Print 75 Billion Worth Of Notes Every Month? Because Of QE [Quantitative easing], Right. Well In Order For That To Work The UST Is Required To Have The Physical Notes To Back Any Electronic Accounting Of The USD. [post 1 of 2....stay tuned]
4-8-2014 Intel/Newshound Guru Poppy3 WE HAVE SEEN THEIR BANKING SECTOR GO INTERNATIONAL ON INTERNET GRID...NOT TO MENTION MANY POLITICAL LAWS THAT HAVE BEEN VOTED ON AND PASSED...NOW THIS GIVE ME MUCH EXCITEMENT AND CONFIDENCE. THEY HAVEN'T DONE ALL THIS FOR NO REASON OR TO STAY STATUS QUO. [post 2 of 2]
4-8-2014 Intel/Newshound Guru Poppy3 OVER THE LAST 3 MONTHS WE HAVE SEEN IRAQ CBI PURCHASE TONS OF GOLD, WE HAVE SEEN 15 INTERNATIONAL BANKS OPEN DOORS IN IRAQ, WE HAVE SEEN THE BUDGET BACK TO THE FOREFRONT AND STILL THE MAIN TOPIC OF MEETING BOTH IN IRAQ AND IN THE USA. WE HAVE SEEN THEM PAY BILLION IN DEBT TO THE PARIS GROUP. WE HAVE HAD THEM ANNOUNCE THERE IS A WAITING LIST OF INTERNATIONAL COMPANIES LINED UP TO INVEST IN BUSINESS IN IRAQ WITH MCDONALDS AND SUBWAY ALREADY OPEN. [post 1 of 2....stay tuned]
4-8-2014 Intel Guru Frank26 [News & announcements: The CBI would like to announce to the public that he had printed the current series of banknotes (250, 500, 1000, 5000, 10000, 25000)...] The 25 K's will CO-EXIST FOR TWO YEARS...The worn 000's are being replaced to survive that time period...Gov't uses them and electronic dinars.
4-8-2014 Intel Guru EXOGEN [what is stopping Iraq from printing all new currency, which they supposedly have done, get rid of their old currency, which they have done as best they can off the streets of Iraq and just cancel that currency and support only their LD's?] THE LD'S ARE ALREADY OUT IN IRAQ. WE TRACKED THE SHIPMENTS LAST YEAR AS THEY WERE BEING DELIVERED WITH SECURITY. THE LD'S JUST STARTED CIRCULATING AS CITIZENS AND BANKS WERE GETTING PISSED OFF, AND THERE ARE NOW SEVERAL DIFFERENT RATES ON THE QI CARDS IN IRAQ AS OF RIGHT NOW.
4-8-2014 Newshound Guru Kaperoni Article: "The Central Bank put the icons in the currency to help the visually impaired to know" Appears they have printed new 250s and 500s to "assist the visually impaired to distinguish them." ...these are not technically lower denoms since they already have these in circulation. I think Enorrste is right on. This makes sense...they are only updating the smaller bills that will be needed through the transition (1000, 500, 250) or "gradual appreciation" as the IMF says. This matches that article quote...only notes for.. "circulation daily." (daily circulation). IMO, more confirmation of a gradual appreciation. [See Enorrste's post 4-8-14 below]
4-8-2014 Newshound Guru Enorrste At 10 cents per dinar, however, they become worth $25 and $50 each, and at $1 they become worth $250 and $500 each. We can see, therefore, that this change is part of the plan to gradually move to a float in which these two denominations, in particular, gain in value. Of course we know that the large notes will then be worth too much to remain in circulation and smaller denominations will also come on line "as needed" as the value of the dinar rises. To sum up: this is a good sign that they are continuing to prepare for a change in the value of the dinar. [post 2 of 2]
4-8-2014 Newshound Guru Enorrste Article: "The Central Bank put the icons in the currency to help the visually impaired to know" I find it interesting that only 250 and 500 dinar notes are being changed. This only makes sense if they will, at least for a time, remain in circulation longer than the other large (000) notes that will be gradually removed as the value of the dinar rises. If they were doing anything else (RV or LOP) then why only these two notes? We may reasonably expect that these two denominations will become more and more important as the value of the dinar rises, even though right now their value is only about $.25 and $.50 each. [post 1 of 2....stay tuned]
4-8-2014 Intel/Newshound Guru Poppy3 THEY ARE NOT DOING ALL THIS FOR NOTHING THEY HAVE A PLAN AND THEY ARE MOVING IT FORWARD. LOOK AT ALL THEY HAVE ANNOUNCED AND DONE IN THE LAST MONTH TOWARDS ECONOMY AND BACKING THEIR RESERVES WITH MORE HUGE RESERVES--- OF COURSE IF YOU ARE ABOUT TO HAVE THE STRONGEST CURRENCY IN THE WORLD YOU BETTER MAKE SOME PREPARATION AND BE PREPARED. [post 2 of 2]
4-8-2014 Intel/Newshound Guru Poppy3 THEY TRULY THINK THEY HAVE MET ALL LEGAL CONDITIONS THEY WHERE ASK TO MEET TO BECOME A MEMBER [WTO]. THEY ARE AND HAVE BEEN MEMBERS AS A GUEST OBSERVER POSITION SO THEIR TRANSITION WILL BE ALMOST IMMEDIATELY WHEN THE RV HITS. THEY ARE POSITIONED NOW SO THAT MANY THINGS WILL MOVE FAST. THIS IS ANOTHER BIG STEP THEY HAVE GOTTEN OUT OF THE WAY SO THEY CAN CONTINUE TO MOVE THEIR ECONOMY TO THE FOREFRONT OF THEIR WORLD BUSINESS. [post 1 of 2....stay tuned]
4-7-2014 Intel/Newshound Guru Poppy3 I SAID LAST WEEK THAT ONE OF MY SOURCES HAD TOLD ME TO PAY CLOSE ATTENTION THE 9TH THROUGH THE 15TH . THEY JUST TOLD ME CLOSER TO THE 9TH...SAID THINGS NEEDED WAS FURTHER AHEAD THAN THEY THOUGHT. TIME WILL TELL.
4-7-2014 Newshound Guru Stryker I hope you all had a great weekend...the only thing that happened in Iraq was a further delay in the budget approval. There is a move to disrupt the elections by Maliki and everyone knows this. For those that believe the RV will take place this week don't hold your breath. The good news is that international banks are gearing up to do business in Iraq and Iraq is preparing to go global. Folks, this is where we need them to be for us to see a return on our investment.
4-7-2014 Newshound Guru wmawhite I find it very interesting that they continue to find ways not to agree on the budget...yet in reality...the income/investment part of the budget needs a rate in order for the budget to work. Understand, the operational side of the budget is NOT affect by the rate...it is the (as they call it) the Investment side of the budget that is affected by their exchange rate...which they do not have,...yet.
4-7-2014 Intel/Newshound Guru Poppy3 OLD POPPY3 TOLD YOU LAST WEEK THAT A DELEGATION FROM THE CBI WAS MEETING IN WASHINGTON AND THEN IN NEW YORK...WELL THIS MUST BE THE RESULTS OF THOSE MEETING ---- THIS IS A HEADLINE I JUST GOT: BREAKING NEWS: IRAQ IS NOW ELIGIBLE TO ENTER THE WORLD TRADE ORGANIZATION April 6, 2014...Iraq is now eligible to enter the World Trade Organization. THIS IS SAYING THE HAVE MET ALL THE REQUIREMENT TO ENTER LEGALLY NOW ALL THEY NEED IS TO RV AND THEY WILL AUTOMATICALLY BECOME A FULL MEMBER AND HAVE A TRADABLE CURRENCY WHERE WE CAN GET PAID.
4-7-2014 Newshound Guru Millionday [Did they pass the budget?] the budget is not listed as law on iraqi parliament but is listed as legislation -- that is why you can read it at some sites and trust it is not voted through but is written and listed as legislation.
4-7-2014 Newshound Guru wmawhite "Finance Committee: Iraqi dinar stable and the central bank that manages to improve and put it in front of other currencies Baghdad..." that particular member of the Finance Committee is stating that the IQD is not truly valued at the currency rate and the CBI needs to move forward and put the rate where it belongs...well ahead of other currencies.
4-7-2014 Newshound Guru Kaperoni Article: "Money corrupted .. colonial currency" We have known for a long time the dinar is in bad shape... This person makes it very clear..."The government is supposed to change the currency with the Americans out of the country!" (The government was supposed to change the currency when the Americans left the country). Well...its been two years since then and Maliki has prevented this event. And more importantly, his delay has hurt the transition to a market economy.
4-7-2014 Intel Guru TNT Tony The elections start in Iraq in 4 days and it's critical this be done before start of elections. I don't think they will want to wait until Friday. There is nothing negative to say. We are truly where we always wanted to be...on the door step waiting for it to be done. Everything is very positive at this moment. People are excited saying this is a day like no other...agreements are in place, i's are dotted & t's are crossed. We are down to where it actually could happen...let's look for it. [post 2 of 2]
4-7-2014 Intel Guru TNT Tony The info is basically the same. Everything is done...just a timing issue. Some things took longer than expected to get completed. It is still happening. The LD's are out all over Iraq. They are using different rates in different regions...3.41, 3.71, 1166....5 different rates...it's confusing. They are still saying on tv that between now and the 14th they would see a change and be one of the richest countries in the world. [post 1 of 2....stay tuned]
4-7-2014 Intel Guru Okie_Oil_Man ACCORDING TO INFORMATION RECEIVED THIS MORNING THE G.C.R. IS SCHEDULED FOR TODAY. IF THERE ARE ANY ISSUES THEN THIS COULD RUN INTO FRIDAY. I WAS FURTHER ADVISED THE ANNOUNCEMENT WILL COME THRU THE MEDIA ADDRESSING A G.C.R. ON MSNBC.
4-7-2014 Newshound Guru Kaperoni Article: "Araji: The governments of the Center and Kurdistan are responsible for delay approving the Budget" The Kurds want assurance they will get 17% of the budget and that means they need an Oil and Gas law done. So until they do, they will not show for a quorum. IMO, the first order of business for the new PM is the Oil and Gas law.
4-7-2014 Intel/Newshound Guru American Contractor ...the April 30th elections are still on for now. Although, it was nearly called off after the members of the Iraq Election Commission resigned. The reason being, they protested the written language inside the election law. The law stated candidates must be “of good reputation.” This gave political parties leverage to remove opponents from the election political process. The Election board members have withdrawn their group resignation and went back to work. I expect that there will be more incidents like this as we get closer to April 30th. My prediction is that Prime Minister Nuri Maliki will remain after the elections. I could be wrong, however, Prime Minister Maliki is working non-stop in keeping his position.
4-7-2014 Newshound Guru Kaperoni Article: "Central bank: 15 Arab and foreign banks opened branches in Iraq since the beginning of this year" Second half of 2014 will be exciting. All these banks are getting ready for business. The doors need to open for that to happen. Even though it is not at our pace, they are doing what they are suppose to do...which is get ready for "openness to the world"
4-7-2014 Newshound Guru tlm724 Article: "ADIB among banks planning Iraq expansion amid oil boom" Abu Dhabi Islamic Bank (ADIB) is the latest lender after JPMorgan, Citi and Standard Chartered to expand business in Iraq. The branches would help provide liaison functions for Citi’s clients globally and contribute to the development of Iraq’s banking and capital markets...These major banks (players) don't hesitate to open and operate in Iraq! It a sure sign that the financial side of Iraq has taken that quantum leap they talk about!
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