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10-21-2016 Newshound Guru Adam Montana [Security...the control of Daash, and gaining control of Mosul...what importance do you place on these events in regards to any future revaluation of the IQD?] I place them about medium importance, but the fact that there is great progress in the war against ISIS as of late is extremely encouraging!
10-21-2016 Intel Guru ADMINBILL WHERE ARE WE TODAY? ONE DAY CLOSER TO BE SURE. THE QUESTION ALWAYS BEGS TO BE ASKED. HOW CLOSE IS CLOSE? I AM TOLD IT IS VERY CLOSE BUT THERE ARE NO SPECIFIC DATES GIVEN NOR ARE ANY RATES PROVIDED. IT APPEARS THEN AND SOUNDS LIKE WE ARE IN THE SAME POSITION WE WERE IN THIS TIME LAST YEAR AND THE YEAR BEFORE DOESN'T IT?. DEJA VU ALL OVER AGAIN. THE DIFFERENCE NOW IS THAT THE WORLD IS IN A FAR MORE DANGEROUS AND PRECARIOUS POSITION THAN THIS TIME LAST YEAR...I PRAY THAT WE ARE NEARING THE END AS SUGGESTED.
10-21-2016 Newshound Guru Adam Montana [Could you comment on [an] article [that] implies international e-commerce with Iraq is now happening with one company on a consumer retail basis...Could this be a (seemingly) imminent precursor to the event?] Iraq is making amazing leaps in the technological department! I remember 5 or 6 years ago we were talking about ATMs being more widespread, which was important to handle the "physical cash" aspect... we're well beyond that now. Many things were preventing progress from moving quicker, but we are well beyond that and the time is coming!
10-21-2016 Intel Guru Bruce We don’t do dates and rates. Do I know the rates? Yes I know to the penny. I won’t tell you. I can tell you they are going up, moving up, and moving up more. It is just not my job to put them out. As far as readiness is concern, we believe we are in a position to take advantage of this through our exchange process very shortly. Can’t say it is hours or days away, but not going to happen around Christmas. We can see certain things did have to occur. The Paris Agreement, the INDO Declaration, in Iraq with removable of ISIS and the taking back of Mosul, etc. I do believe we are under way what we are looking for. A process rolling out. A slow process. I would look for Iran and Iraq be prominent the next few days what they plan to do. It is imminent and in great shape moving forward. Super position...
10-21-2016 Newshound Guru Adam Montana I have nothing negative to report but I also have no RV to announce... in my opinion, there's a very simple reason: HCL. Now here's the good news: we've seen more on the HCL in the last week than we saw all summer! And THAT has me smiling... Parliament is making moves... - just look at the news... The HCL (oil agreement) is once again a TOPIC... it was NOT a topic for a few months. Are we close? Obviously closer than a month ago, and I can't say "yep for sure this week!", but the direction is good and there are only a few things left. Iraq has the fundamental ability and motivation to RV, and that's something that people either understand or deny. I'm monitoring the situation...
10-21-2016 Newshound Guru Breitling …They had never mentioned to the government or to the IMF or anybody that they wanted to get it to a buck and then they wanted to get it to $3.25…one of the things that’s interesting as they put out the new currency, when I got into it there was an expected rate of between 4 and 12 cents. The next thing you know there was a report put out about how General Petraeus was saying how popular the dinar was getting inside of Iraq itself. Here’s what people don’t understand…they were alarmed by it. It wasn’t a good thing…we basically put more US dollars into their economy. and they started printing even more notes…adding to the note count at the beginning. You had to have faith with what these guys were doing and saying. Shabibi stated they are adding value to it and eventually we are going to take 75% of those notes out and we’re going to add value to the currency and then we’ll change this currency out and make the denominations a lot smaller…That’s the statement he put out there. [Post 2 of 2]
10-21-2016 Newshound Guru mike Article: "Rasheed Bank intends to apply to transfer your money IBAN system" Quote: "Rasheed Bank announced on Thursday its intention to apply the "IBAN" your system to transfer money in and out of Iraq..." The good news about this article is that Iraq is finally engaging the world banking system's and pulling themselves out of the stone age. It doesn't, however, indicate a "internationally recognized" currency in Article VIII is right around the corner. I would bet that 95% of the money that goes through the IBAN system will be dollars that are purchased by Iraqi's at the bank.
10-21-2016 Intel Guru ADMINBILL POTENTIAL FOR A RATE INCREASE FAIRLY SOON HAS IMPROVED IN THE LAST 24 HOURS. THIS IS A HEADS UP. IT IS NOT A TORNADO ALERT. THE YARD IS MOWED. THE CAR IS GASSED UP AND I HAVE A NEW SUIT. I'M READY FOR THE FOOT TO FALL.
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10-20-2016 Intel Guru Frank26 ...the IMF has given them an A+ in everything they are doing...and now they are going to reward them with that second loan...that is way ahead of schedule...the white list was way ahead of schedule. ...I am not too worried about the value right now...what we were worried about or concerned about was the note count...because they told you they were lifting the 000’s...you think it is from the exchange rate...we tried to explain it to you...they are lifting it from the streets...so they can lift it from the exchange rate...and I believe they have accomplished this. There are many steps and many parts to the Monetary Policy and IMO I see that they have been accomplished...the IMF has not said one single word about 2017...IMO...the IMF is preparing them to raise the value in 2016...and the other part...Iraq talks about 2017 because that is when Iraq wants to introduce the LD’s...that are affected by the RI that is occurring right now behind closed doors... [post 3 of 3]
10-20-2016 Intel Guru Frank26 Iraq came out and stated they have completed all IMF requirements...For the Financial Advisor of Abadi...Saleh...to come out and say...we’ve done everything the IMF has told us...how bold is that...for the IMF...to actually come out and say we are giving you now your second loan...in about 10 days...that will put us right about the beginning of November...I believe deep in my heart that the Monetary Policy has been launched. This Monetary Reform Plan is from the IMF...about six or seven years ago they put this together with Iraq...the Transition Rate right now is part of this plan...I believe they are doing something with their rate to try and get it to 1 to 1...and they did not write a plan for a LOP...they did not write a plan to stay at a program rate…IMO this Transitional Rate is bringing in commodities into the country of Iraq...and IMO this Transitional Rate is slowly moving up...up...for the purpose IMO to add value to the Iraqi dinar in country...I believe the negotiations that are occurring with this Transitional Rate are going to be seen with more evidence sometime around the second week of November...
[post 2 of 3....stay tuned]
10-20-2016 Intel Guru Frank26 ...these are interesting times...with our investment...we told you that IMO I felt around the 15th of October or just after that date the battle of Mosul would...start...I seriously, truly, and sincerely believe that once Iraq was put on the white list there was a decision made for Mosul...IMO...at 3:03 am on the 16th of this month I believe the Monetary Reform was put into its full swing of completion. The most important thing about Mosul...is that it has given us SS...STABILITY and SECURITY...SS is the reason why we are walking in the direction of the Monetary Reform now...from the nanosecond they were put on the white list...to the moment of the 3:03 am launch to attack Mosul...to begin the battle...those were the beginning of the green lights that have brought us SS now... [post 1 of 3....stay tuned]
10-19-2016 Newshound Guru Breitling "Question: Sounds like they’re having a hard time convincing people in Iraq to have confidence in the Dinar…how can they make them want to use it?" This is the power in knowing what happens to currency…if you know how it got there you can reverse it. Remember what we did. We put US dollars in their economy. Then we did Shock and Awe and their economy collapsed they started to use the US dollar. We printed the New Iraqi Dinar. They started using it. Remember…the dinar count at that time was around 30 Trillion dinar at it’s peak and 9 billion notes max…A report from the IMF said the Iraqi dinar’s real market rate was between 4 and 12 cents and I bought dinars based on that. [Post 1 of 2]
10-20-2016 Newshound Guru Kaperoni Article: "Rasheed Bank intends to apply to transfer your money IBAN system" Quote: "Rasheed Bank announced on Thursday its intention to apply the "IBAN" your system to transfer money in and out of Iraq..." [Surely to transfer money internationally , your money has to be internationally recognized?] The dinar is already internationally recognized. It's a choice by most banks to not accept it and exchange it worldwide because they are still in Article XIV under the IMF. Article VIII of sorts provides a sense of assurance that the CBI meets international standards and requirements (and therefore, makes the dinar more internationally accepted at the banks). What the Rasheed is doing here is a good thing for sure, but Article VIII will also be needed for it to be beneficial to Iraq.
10-20-2016 Newshound Guru Islandg1211 The WTO has a well structured path to membership with each step well defined. Iraq started the process under the Bush Administration, then stopped. There's been NO WORKING GROUP EVEN FORMED. There have been NO scheduled WTO Working Group meetings even scheduled in the past two years. Iraq is NO WHERE NEAR becoming a member according to the WTO website. They were probably closer to becoming a member under the Bush Administration's guidance and influence than they are now. Iraq has gone NO WHERE in 8 YEARS within the WTO ascension process... Iraq literally hasn't held a meeting in eight years... membership ascension is a step-by-step lengthy process. Iraq never even got to the second step.
10-20-2016 Intel/Newshound Guru Mnt Goat ...if it were not for these last 8 years of Maliki administration (2007-2014), Iraq would be 8 years ahead of where it is today. As we are witnessing now the progress Abadi has made in the short time in office we can see the renewed hope for Iraq. Once the corruption and the “will” to clean up the corruption and support the true democratic principles (constitution of Iraq) Iraq can now move ahead. Maybe in the end result this was a very good thing since was Iraq really ready to move to an international currency? [post 3 of 3]
10-20-2016 Intel/Newshound Guru Mnt Goat So eventually the USA did make the needed agreements but these agreements were difficult and needed “kid gloves” to manage. You see it was not just the Abadi government in Baghdad but also the Kurdistan region that needed to have solid agreements in place as to how to handle the new USA occupation of Iraq. So agreements were made with Kurdistan and the Baghdad government as to how to set the new government and to whom will provide the security and take over the region. [post 2 of 3....stay tuned]
10-20-2016 Intel/Newshound Guru Mnt Goat ...the battle for Mosul...As we waited months for the battle to begin, we are now seeing it being played out. ...you should know why the battle to free Mosul has been held up for so long. Many of us questioned this and asked why they don’t just attack and get it done already. USA needed an updated Status of Forces Agreement in place...So in 2014 Maliki was told that for USA troops to come back the USA needed immunity and an updated Status of Forces Agreement. He refused to give them both. Actually it was not until the new prime minister in Maliki’s place, that it was finally negotiated. [post 1 of 3....stay tuned]
10-20-2016 Newshound Guru Kaperoni Article: "Breaking #Iraq Criminal Court issued an arrest warrant ex- #Mosul governor Atheel al-Nujaifi for breach of security."
10-20-2016 Intel Guru ADMINBILL THE NEWS I AM HEARING IS VERY ENCOURAGING. I DO NOT WISH TO SPEAK OF WHAT I WAS HEARING OTHER THAN TO SAY MR. B INDICATES WE ARE VERY NEAR. [Do you know who Mr. B that ADMIN speaks of?] [MR. B HAS BEEN AROUND FOR 6 OR 7 YEARS AND IS EDUCATED ON WORLD ECONOMICS...WHO HAS BEEN SAYING FOR YEARS THIS WASN'T READY TO GO...]
10-20-2016 Newshound Guru Kaperoni Article: "Offensive against so-called Islamic State in Mosul going much faster than planned, Iraqi PM says" Quote: "Haider al-Abadi said the move showed "rapprochement" and unity of purpose between Iraqi and Kurdish forces."
10-20-2016 Intel Guru RayRen98 ...everything is quiet in the banking community and in Iraq. We did have the update on Tuesday about ISIL fleeing to Syria by the hundreds. Does that even have a bearing on what we are waiting for? Some say yes, some say no. Iran says they are going to revalue their currency on 22. October. We’ve always heard that Iran and Iraq will go together, with similar rates. We are at the status quo from Monday; nothing new to get you all excited for this evening [Wednesday], tomorrow morning, or Friday. I am hearing to look forward to Saturday.
10-19-2016 Newshound Guru Adam Montana Ive been watching the efforts to take back Mosul. (It's all over the news). I'm hearing VERY good things from my contacts in Iraq, backing up the positive stuff we are all seeing in regards to the fight against isis. I like it. Also good news is hearing about parliament continuing to hold timely sessions. Next stop... hcl? Let's hope so! ...nobody is giving me dates or rates. I talk to people that are far more connected to the inside workings of Iraq than I myself am, and I'll be blunt - there's been times that they flat out told me "Adam nothing is moving right now." Thats not the vibe right now. ...I'm returning to cautiously optimistic that we will see some major announcements that will either include the HCL or will be obvious openers for the HCL.
10-19-2016 Newshound Guru mike ... crushing ISIL in Mosul is great news, I'm just hoping they can get it done quickly.
10-19-2016 Intel Guru Frank26 Article: "The government issued a system of deposit protection .. Parliament seeks to enacted law "enhance confidence" in the banking system" Another IMF Requirement for the MR being done...Good.
10-19-2016 Intel Guru RayRen98 ON IRAQI TV - 1ST PHASE OF MOSUL COMPLETED, NOW IN THE 2ND PHASE. EXPECT LOAN FROM IMF IN 10 DAYS.
10-19-2016 Intel Guru ADMINBILL ...IRAQ CONTINUES TO MAKE PROGRESS AND THEIR 2017 BUDGET IS ABOUT TO BE APPROVED. IN THE PAST WE WERE ALWAYS TOLD THAT WOULD BE A DEAL MAKER. NEVER DID THOUGH... I AM TOLD THAT THERE ARE GOOD THINGS HAPPENING BUT BY WHOM AND TO WHAT END WE HAVE NO IDEA. MAYBE WE WILL HEAR SOMETHING TODAY THAT WILL PROVIDE US WITH SOME ENCOURAGEMENT THAT WE ARE NEAR A CONCLUSION.
10-19-2016 Newshound Guru mike Article: "Magda Tamimi: keep the deposits of citizens of the Central Bank's mission" Article quote: "The central bank announced in (the seventh of June 2016), for approval of the Cabinet set up a company to guarantee deposits in the government and private banks with a capital of 100 billion dinars, while the company aims to stimulate citizens to deposit their money in banks rather than Aktnazha, confirmed money chunky citizens outside banks of more than 30 trillion dinars." Parliament plans to enact a law to guarantee bank deposits. It's a great start but $85 million isn't much to guarantee 30 trillion dinars. A luke warm gesture by Parliament and the CBI won't cut it, real guarantees for the balance of the account, within limits, is expected. Iraq is in a uphill battle to regain banking credibility...But, who knows, maybe Iraqi's have the ability to forgive and forget and now they'll all flock to the banks with their deposits.
10-19-2016 Intel Guru Frank26 ...over three months ago we introduced to you that you need to pay attention to Fallujah and Mosul...once they give you Fallujah you will have the Economic Reforms...once they give you Mosul you will have the Monetary Reform...I also want to express that they are soon to raise the flag in Mosul... IMO...Mosul...is...was...and shall be an indicator of the Monetary Reform...or should I say of the Monetary Policy...The US Treasury is setting up shop in the CBI and much is going...all of these steps that are occurring are a part of the Monetary Policy.
10-19-2016 Intel Guru Bruce In Iraq a lot has happened the last five days. Iraq, as far as we know has been completed everything except in process passing the 2017 Budget. They are voting on that tomorrow [Wednesday]. If they pass that, the new in country rate for Iraq should be in the budget...Everything else is complete. We are in process of regaining in Iraq Mosul back from ISIS. I also know 6 out of 7 banks out of Mosul were up and running yesterday, able to be online and good to go from what I understood yesterday. We did hear increases of rates in the first basket. We are getting very positive feedback where we want to be at this time. Not calling it... I have heard any moment even tonight. We highly are expectant any moment.
10-19-2016 Newshound Guru rcookie [In your opinion, what stages are they at as far as the PFM and Investment Law.] BOTH HAVE BEEN ADJUSTED AS PER EXPECTATIONS AND AWAIT VOTE...BOTH ARE SO INTEGRAL IN IQD VALUE INCREASE...IN BOTH ATTRACTING/CAPTURING AND RETAINING FDI....AND MEANS IN WHICH THEY PROCESS AND SPEND GLOBAL LOANS AND GRANTS OF FUNDING FOR DEVELOPMENT PROJECTS OF LIBERATED AREAS....WILL NOT BE BUSINESS AS USUAL...
10-19-2016 Intel Guru SteveI Article: "Federal Police forces recapture 56 oil fields from ISIS near Mosul" Quote: "this morning, Iraqi Federal Police forces managed to recapture 56 oil fields from ISIS control near the area of Ain al-Gahsh in Qayyarah axis, south of Mosul.” “Security forces are still achieving progress on all battle fronts to liberate the city of Mosul...” Good stuff!
10-17-2016 **** Dinar Guru Newsflash **** Guru reports began to come in yesterday morning, starting with Newshound Guru rcookie, that the official battle to retake Mosul had begun...since then multiple gurus have confirmed the news and it played on the US news by later in the evening...The gurus agree, Mosul is hugely important to the future of the dinar. Stay tuned as this story unfolds...The latest guru posts will continue below...
10-18-2016 Intel Guru Bluwolf The six month old liberation of Mosul is finally being announced, this is the last wrench that stall our RV. In order to be fully given UN sovereignty a country must meet many a standards ( security, full control of country) is one of them. But no need to worry for as of the 10th all currencies received their full values...we do not know of the when but we do know that its finally HERE...
10-18-2016 Intel Guru RayRen98 Iraqi TV was showing the Isis groups leaving Mosul and fleeing to Syria. They say hundreds are running and small handfuls are left. Peshmerga forces (Iraqi military) are dancing in streets… all villages assigned to them on the first day were liberated, no indication on how many are left. Parliament has the 2017 budget, now waiting for an official response. PM Abadi on TV giving four candidate selections for defense minister, others will be revealed “in the coming days.”
10-18-2016 Intel Guru Frank26 ...in these last three months...I have seen a unification of this country that actually started back in December 2015...things are really gelling and coming together in Iraq...and like I told you...it is for their Monetary Policy...which contains their Monetary Reform and their Economic Reform. ...the next stage...you will see the IMF and Iraq meet once again...it is possible in the last week of this month...or into the first week of November...this change of rates that they are working on...will facilitate the 50, the 100, the 200...the fils which are coins...that are on the schedule to come out in early 2017...in the first quarter...because the 50k notes that were printed last year did their work...all of 2016 for larger transactions for the Transition Rate...and now these LD’s...the 50, 100, and 200...need the change of rate. [post 3 of 3]
10-18-2016 Intel Guru Frank26 ...this white list was not supposed to be done until the beginning part of 2017...it was done ahead of time...and another thing...Iraq cannot go international without them being on the white list...if they have no intentions for 2016 then why is their plan established from 2016 to 2020 and not 2017 to 2020. I am extremely happy...excited... because the start of Mosul...will give us the end of Mosul...which will equal the stability and the security...for the GOI and the CBI and the country of Iraq...which equals many moving parts...all under the same umbrella of reforms in Iraq...their MONETARY POLICY...The Monetary Policy...encompasses two things under the umbrella...their Economic Reform and their Financial Reform...which equals a Transitional Rate...which IMO right now is bringing commodities into the country of Iraq...which will equal a 1000 to 1 rate...which will equal a 1 to 1 rate by lifting the 000’s...to add purchasing power to the citizens currency at a 1 to 1 rate...which will equal the rate to leave Iraq into an international market which will float...to be fueled by the hungry investors of the world...which are more than 170 countries. [post 2 of 3....stay tuned]
10-18-2016 Intel Guru Frank26 ...it has been a day of explosions...throughout the day...constant information... IMO…we really felt that this countdown that we are studying ...started nanoseconds after Iraq was placed on the white list...about 160 or 170 countries around the world...I believe the countries were all in favor of allowing Iraq to come out of its hibernated state...and be a part of the rest of these 170 something countries that are on that same white list. The Financial Action Task Force...FATF..they did not even blink...they said ok... Why is it that all the other countries decided...we want to do business with Iraq...but they haven’t qualified for Article 8 yet...we don’t care...see...these countries are in a Long Line waiting to come into Iraq...many of them have sacrificed a lot of their money...a lot of their manpower...a lot of their time...a lot of their equipment...to plant themselves in the country of Iraq...do you think that these countries are poised right now to do business with Iraq...yes indeed they are...and they have been sacrificing and waiting for a long time… [post 1 of 3....stay tuned]
10-18-2016 Newshound Guru rcookie Article: "Cabinet sends 2017 budget to parliament" Quote: "the Council of Ministers sent the draft 2017 budget bill to the House of Representatives in order to vote on them." 2017 BUDGET OFFICIALLY IN PARLIAMENT...
10-18-2016 Intel Guru ADMINBILL ANOTHER UPDATE DAY INSTEAD OF A GOING TO THE BANK DAY. ONE DAY SOON WE WILL BE THERE. THE IRAQI MILITARY APPEARS TO BE DOING A BANG UP JOB CLEARING THE MOSUL AND SURROUNDING AREAS OF ISIS. AT THIS CONJURE WE DO NOT KNOW WHAT IS HAPPENING. ALL INFORMATION SOURCES HAVE GONE COMPLETELY SILENT WITH THE EXCEPTION OF NEWS STORIES. WE WAIT.
10-18-2016 Newshound Guru Kaperoni ...The CBI has not talked about the plan since late last year (the best I can recall) so I would not get excited that events are about to happen. The IMF's SBA agreement is pretty clear, Iraq is making some progress, yet they are also lagging in many of the agreed conditions. So all we can do is keep watching and hoping...let it come to us.
10-17-2016 Newshound/Intel Guru BGG Article: "The central bank project to delete the zeros will be implemented in early 2017" Quotes: "...the project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project..." "...The aim of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency" Huge article. Great Stuff!!
10-17-2016 Newshound Guru rcookie Article: "Parliament postponed its meeting until next Wednesday to lack of quorum" Quote: "A parliamentary source said, L / balance News /, "The House of Representatives decided to postpone its first 23 of the third legislative term of the legislative year, scheduled to be held today to next Wednesday, counting a quorum."
10-17-2016 Intel/Newshound Guru Mnt Goat Article: "Battle for Mosul: Operation to retake Iraqi city from IS 'begins' " I personally believe we could see Mosul liberated within one to two weeks or even less. That is my opinion. Remember also the main reason (given to the citizens of Iraq as least) for Nori al-Maliki not getting a third term in 2014 was that he could not control and defeat ISIS. Now Abadi has to prove he can do it.
10-17-2016 Inel Guru ADMINBILL GOD BLESS THE GOOD PEOPLE OF IRAQ AND THEIR DETERMINATION TO DESTROY ISIS. I EXPECT TO BE RECEIVING INFORMATION AS THE DAY GOES ON. LET'S SEE WHAT SHAKES OUT TODAY. ON ANOTHER NOTE LET ME EAT SOME CROW TODAY AND OFFER MY APOLOGIES..., FOR MONTHS NOW, HAVE STOOD FIRMLY ON THEIR BELIEF THAT WE WOULD NOT SEE AN RV UNTIL THE RECAPTURE OF MOSUL HAS BEGUN OR IS COMPLETED...THEY APPEAR TO HAVE BEEN CORRECT EITHER BY CHANGE OR ACTUAL FACT OF NEEDED EVENT COMPLETION. IN EITHER CASE WE ARE EXACTLY WHERE THEY SAID WE WOULD BE...
10-17-2016 Newshound Guru Kaperoni Though Iraq is slow and often feeble at accomplishment, this initiative tonight to free Mosul is big news! Those looking for hope, progress in Iraq, tonight is the beginning of the end of ISIL in Iraq. Once liberated, the government must act quickly to provide jobs, stability. They must activate the market economy. Once conditions are in place, the world will bring investors and investment to not only rebuild, but catapult Iraq to wealth. I believe the world is waiting to come to Iraq.
10-17-2016 Newshound/Intel Guru BGG So - the HUGE NEWS...Mosul liberation is UNDERWAY...that is a biggie...and with the UST setting up shop in the CBI - it's the end of the "monkey business"...the investment laws are important... the one on the books for Monday (PFM)...etc, etc, are key...
10-17-2016 Newshound Guru Kaperoni Article: "Abadi announce the start of the battle of Mosul and calls for people to cooperate in order to end the battle quickly" Clearly good news.. Let's get it done.
10-16-2016 Newshound/Intel Guru BGG [says @ 7:04 p.m. central time] It's 3:03 AM in Kurdistan - It is being reported the attack to free Mosul is NOW UNDERWAY...Right now... [...this is a very big deal for the stability in Iraq does it help to bring about an RV?] BIG - BIG - BIG deal... I really think this is one of the "Core issues" the IMF/WB/UN wanted handled. [When do you think Battle for Mosul will be over?] part of me wants to think it will go quick - but who knows?
10-16-2016 Intel Guru Frank26 Every country deals with their currency individually... There is no race. But may i ask You ... Where do You find the IMF working hard to RI/RV a currency? Mosul will be announced by A (abadi) ... For the credit will only belong to... A and Iraq.
10-16-2016 Newshound Guru rcookie [Is your opinion has the Mosul battle began?] YES...THERE ARE REPORTS OF IT IN INK THIS MORNING... Articles: "Iraqi army drops leaflets over Mosul in preparation for a military operation"; "Elite Forces" announces full readiness to break into Mosul"; "Army Air destroys the headquarters and stores of weapons to Daesh area Aloossiat Mosul"
10-16-2016 Intel Guru Frank26 [...how do you feel about all the posts about #800 numbers that people are supposed to be getting from a bank to organize appointments with bank managers and so on...?] There are no 800 numbers of any value nor truth at the moment...IMO. [...will the exchange process...in Australia...be complicated or just like any other exchange process...?] IMO ...Aussie banks will follow the same protocol as in USA and other countries.
10-16-2016 Intel/Newshound Guru Backdoc ARE WE SURPRISED TO SEE IRAN REJOINING THE INTERNATIONAL COMMUNITY? AHHH, NO! THEY ARE BEING TURNED ON INTERNATIONALLY THROUGH THE CIPS SYSTEM WITH THE HELP OF THE IMF! THIS IS THE BEGINNING OF THEIR ACTIVATION! IMO, ITS' SHIA BROTHER IS DOING THE SAME PROCESS. (Iraq) WE ARE SEEING ALL KINDS OF ARTICLES TO VALIDATE THIS! MANY THINGS ARE BEING IMPLEMENTED! WE WILL SEE CONTRACTS WITH IRAN AND ITS' SHIA BROTHER GRADUALLY RAISE THE VALUE OF ITS' CURRENCY FROM NOW UNTIL MARCH! WHAT DOES SEEM TO BE CLEAR, IS THAT THE IMPLEMENTATION OF A REALITY VALUE FOR THE SHIA BROTHERS IS UNDERWAY!
10-16-2016 Newshound Guru mike [It's looking like the 50, 100 and 200 will come out early 2017.] ...to do that the dinar has to have value and the only way that's going to happen is if it's internationally recognized and accepted and they stop using the dollar to purchase 100% of their imports. A year and a half ago Keywords said they have a green light to delete the zero's and as far as I can tell, not much has happened other than the AML law. I sincerely hope I'm wrong but I have a sneaking suspicion we're a long way away from watching those zero's fall off the dinar.
10-16-2016 Intel Guru Frank26 IMO ...The TR of the IQD is evolving inside of Iraq via the GOI and contracts to ... Add Purchasing Power for the Citizens in Iraq as a neutral event. From the program rate of 1182 to 1000 to 1 ... To 1 to 1 as they have told us. Then to the International Markets.
10-15-2016 Newshound Guru My Ladies LISTEN FOLKS IF THE GLOBAL FINANCIAL SYSTEM IS MOVING TO A SUSTAINABLE SYSTEM THAN THE FINANCIAL MODEL MUST INTEGRATE ECONOMIES AND THEIR CURRENCIES PROPORTIONALLY. THIS IS NOT A MATTER OF OPINION BUT A MATTER OF REALITY. IRAQ AND ALL OTHER EMERGING ECONOMIES WILL REACT IN THE SAME WAY TO THE CHANGE. EMERGING ECONOMIES HAVE BEEN PREPARING FOR THIS WITH POLICY CHANGES AND BANKING INTEGRATION FOR THE PAST FEW YEARS...DO NOT GET DISCOURAGED... [post 2 of 2]
10-15-2016 Newshound Guru My Ladies IRAQ IS EMERGING, IRAQ WILL BRING A TRADEABLE CURRENCY TO THE MARKET...I AM NOT IN ANYWAY SPEAKING TO VALUE BECAUSE I HAVE NO IDEA WHAT THAT VALUE WILL BE. BUT I WILL GUARANTEE YOU THAT IRAQ WILL BE A PART OF THE GLOBAL REALIGNMENT THAT IS TAKING PLACE RIGHT NOW. THERE IS NO TRANSITIONAL RATE, THINGS DO NOT WORK LIKE THAT AND IRAQ IS NOT IN A BUBBLE EITHER. THEY HAVE TO FOLLOW THE RULES ALONG WITH EVERY OTHER COUNTRY. [post 1 of 2....stay tuned]
10-15-2016 Newshound Guru mike I see zero chance of Iraq ending the auctions in November, if they unpeg now without accepting Article VIII the dinar will drop like a stone, no one wants it, it's not internationally recognized. February, maybe, if they immediately address the IMF requirements and make it happen now, no delays. This is a process, there are no switches or buttons to push, and without measured, visible progress, nothing's going to happen. You don't need a crystal ball to understand the process, the IMF has laid it out in clear, simple and concise terms in the Article IV consultations. It's easier to watch what they do, nothing much ever comes from what they say.
10-15-2016 Intel Guru ADMINBILL TODAY, SATURDAY THE 15TH, IS SUPPOSED TO BE A MAJOR DAY OF RV ACTION. ...HANG IN THERE. I KNOW THE RV IS REAL AND WILL HAPPEN. THE RV IS DEFINITELY IN OUR FUTURE... WE WAIT AND SEE WITH CAUTION...
10-15-2016 Intel Guru Frank26 [After all these years of articles about "deleting the zeroes", I've often seen the question asked but never adequately answered, what does that specifically mean?] IT IS THE NOTE COUNT NOT THE VALUE. They have a plan with The IMF and the IMF does not plan for a LOP...
10-15-2016 Newshound Guru hutch Article: "The central bank project to delete the zeros will be implemented in early 2017" Quote: "...he added that "the Bank is working on the mechanisms in place towards the implementation of this project is expected to commence by the beginning of 2017..." I used to hate to see those articles! But look now and see that budgets are now executable, laws are in place, a new CoM will be seated soon, They are now on the whitelist, UST is in the house...etc
10-14-2016 Intel Guru Frank26 ...this constant projection of the Monetary Reform exploded when they came back from DC...and Abadi brought back a lot of good people to accomplish all of these things...why...because that is the only way they are going to enter Article 8...that is what the IMF told them...that is what Abadi and the CBI and the IMF agreed contractually to do...so when they came back they had a list of things to do...guess what...they did them...the IMF is very pleased with what they have accomplished and they will continue to reward them...if they continue on the process of their Monetary Reform. ...in November the IMF will review this once again and if they did good...well shoot here’s your loan...and...go ahead and finish now...raise the value and come on into Article 8. [post 2 of 2]
10-14-2016 Intel Guru Frank26 Iraq knows what it is doing...Abadi...Allak... the CBI...they all know what they are doing...and the reason why is they are being guided by the IMF...the USA. ...what does the IMF want from Iraq...they want Iraq...the CBI to finish their Monetary Reform...by lifting the value of their currency... ...in these last two weeks corruption has been corralled... Zebari gets kicked out...the budget gets into position...the laws are not being amended anymore but are being used...taxes and tariffs being collected by the Kurds at their border...Maliki and his buffoons have been literally melted down to nothing...every time you see an auction it is less and less and less for them to steal...because the groups that came from the UN were very sharp...they were specialists... [post 1 of 2....stay tuned]
10-14-2016 Intel/Newshound Guru Backdoc ...WITH PARLIAMENT MEETING MONDAY, RECENT HOLIDAYS THAT CAME OUT OF NOWHERE, MOSUL IN CONCLUSION, CBI DISRUPTIONS, THE IMPLEMENTATION OF THE TARIFFS AND TAXES, AND AUCTION CHANGES, I’M VERY OPTIMISTIC ABOUT THE PROGRESS OF THE MONETARY REFORM...IRAQ HAS FOLLOWED THE LETTER OF INTENT TO THE TEE. VERY SOON IRAQ WILL BE ALL ABOUT DIVERSIFICATION OF THEIR ECONOMY AND THEY WILL BE ON THEIR WAY TO A HUGE SUCCESS. ALSO, WE HAVE TO REMEMBER THAT U.N. OPERATIONAL RATES ARE PUBLISHED ON EVERY 15TH OF THE MONTH! THESE ARE VERY EXCITING HOURS WHILE WE WAIT FOR THE COMPLETION OF MOSUL! ...KEEP ALERT AS ALWAYS!
10-14-2016 Intel Guru SteveI Articles: "The central bank project to delete the zeros will be implemented in early 2017" "Central bank: 2017 will see the issuance of a new monetary categories" ...two more articles to back this up in the initial post. Now this is getting exciting hearing this from many sources. [reference Guru SteveI post 10-14-2016]
10-14-2016 Intel Guru ADMINBILL ANOTHER DINAR WEEKEND IS UPON US. IS THE END IN SIGHT? SOME SAY YES AND SOME SAY NOT YET. MAYBE LATER THIS YEAR OR EVEN IN 2017. DEADLINES COME AND GO. OTHERS SAY THE RV IS HERE WHILE STILL OTHERS SAY THAT SOME IRAQI’S ARE USING THEIR CARDS AND THE RATE IS $3.71. THEN THERE ARE THOSE THAT CLAIM NOTHING WILL OCCUR UNTIL MOSUL HAS BEEN RETAKEN AND IRAQ IS STABLE. FOR THE RECORD...I DO KNOW THAT THE RV IS CLOSE AT HAND. THERE WILL BE ONE INTERNATIONAL RATE AND WHEN IT OCCURS IT WILL NOT BE IN IRAQ ALONE IT WILL BE INTERNATIONAL AND AT ACCESSIBLE FOR EVERYONE ACROSS THE WORLD AT THE SAME TIME.
10-14-2016 Newshound Guru rcookie [...justice and accountablility (A & J) and oil and gas laws not ready for a vote or just being held back for now?] A & J IS CUED UP......AND BY ALL ACCOUNTS...THERE WILL BE AN OIL AGREEMENT BETWEEN BAGHDAD & ERBIL IN 2017 BUDGET LAW...JUST AS THERE WAS IN 2016 BUDGET LAW...AND THERE WAS SOME FURTHER NEWS...OF THE A & J LAW NOT CONTAINING ANY AMENDMENTS PROVIDING IMMUNITY TO MINISTERS OR PM...REMEMBER THEY JUST COMPLETED THE IMF MEETINGS FROM OCT 6-10TH...1ST SBA REVIEW...WHICH IS WHY THE AMENDED 2017 BUDGET LAW IS SITTING IN PARLIAMENT FOR READING & VOTE...IN OCTOBER...
10-14-2016 Intel Guru Frank26 IMO the TRANSITIONAL RATE started seconds after they were ... WHITELISTED... IMO the next two weeks will show HOW the IQD is being used by the IMF and Iraq. They do NOT have to EXPLAIN anything until the CBI has the new rate for the International markets...
10-14-2016 Newshound Guru rcookie Article quote: "Parliamentary Legal Committee, announced on Wednesday that the Federal Budgeting Act of 2017 will be on the table in the House of Representatives next week." SO...HERE FURTHER CONFIRMATION OF THE AMENDED 2017 BUDGET LAW WAITING FOR PARLIAMENTS RETURN ON TUESDAY...AND ...THIS IS THE IMF'S INSURANCE POLICY AS TO IRAQS CONTINUED ADHERENCE TO THE ECONOMIC REFORM MEASURES OUTLINED AND AGREED ON FOR THE SBA APPROVAL...ALL SPELLED OUT IN THE BUDGET LAW...100 % EXECUTABLE...JUST LIKE THE 2016 LAW THEY ALSO CO-AUTHORED... [tuesday will be a great day!] AGREED!!
10-14-2016 Intel Guru Bruce I don’t know dates or rates, but I do believe this is still our week even though we are coming up on the weekend. Don’t be dismayed by that. I am very excited where we are right now and where we should be by the end of the week. The 13th is usually the date for UN operational rates to change. I understand they may have posted the same. That is okay. The effective date of the change is usually the 15th which is Saturday. Hopefully we will see changes occur by then. All the rates are good, way better than we thought they be even two years ago. We are still looking for one or two announcements. Maybe that is all we are looking for. Time is right we could see this go through any moment... we are almost at the very end. Any day now.
10-14-2016 Intel Guru SteveI Article: "The central bank project to delete the zeros will be implemented in early 2017" Article quote: "The governor of the Iraqi Central Bank, on Thursday, said the project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project." ...this is a great article...and regardless of how they do it, they are going to do this in the very near future.
10-13-2016 Newshound Guru rcookie INSERT NEW PUBLIC FINANCIAL MANAGEMENT LAW HERE. [THE PFM IS A BIGGIE.] YES IT IS...AND ON THE TABLE FOR READING AND VOTE UPON PARLIAMENTS RETURN...PFM HAS MORE TO DO WITH THE MICROMANAGEMENT OF DEVELOPMENT FUNDING PROJECTS AND ASSURING THE PAST ECONOMIC TAMPERING AND WASTE OF PUBLIC FUNDS OF ALLOCATED MONIES EARMARKED FOR THESE PROJECTS...IT'S AN END TO THE TOXIC SYSTEMIC FAILURES...THAT HAVE LEFT THE CITIZENS WANTING FOR ESSENTIAL SERVICES AND ECONOMIC DEVELOPMENT. THOSE ESSENTIAL SERVICES AND INFRASTRUCTURE IMPROVEMENTS WILL EMOTE STABILITY AND CONFIDENCE IN THE INT'L INVESTMENT COMMUNITY...IT WILL ALSO IMPROVE THEIR WB "EASE OF DOING BUSINESS SCORES AND RANKINGS"... [post 2 of 2]
10-13-2016 Newshound Guru rcookie Article quote: "Finance Committee in the House of Representatives confirmed on Wednesday that the financial umbrella provided by the agreement with the International Monetary Fund and World Bank, which will contribute to the creation of "radical reform" of the Iraqi economy..." SO...HERE THE ANNOUNCEMENT OF INTERNATIONAL FINANCIAL UMBRELLA FROM WB & IMF TOTALING $18 BILLION (TOTAL 20 BILLION) THAT WILL CREATE “RADICAL ECONOMIC & FINANCIAL REFORM” IN IRAQ AND IMPLEMENTATION OF INFRASTRUCTURE PROJECTS... CREATE RADICAL ECONOMIC & FINANCIAL REFORM! BOULYAAAH! [reference rcookie post 10-13-2013] [post 1 of 2....stay tuned]
10-13-2016 Newshound Guru Adam Montana [...do your contacts have any idea if the DInar will ever RV?] ...nobody knows if it will ever hit, much less exactly when. I'm not throwing my hand in yet! I'm very positive on the recent progress.
10-13-2016 Intel Guru Randy Koonce I know a bunch of you believe there will be a basket going but that is not right. There will be different ones going, but they all will be within a month or even two. And, we do not know which way they are going except that of Iraq... and there is a strong chance for the Iran Rial...I need everyone to breathe and do not get anxious and do not give up even if it keeps going...Iraq will have to do those things I listed above and cannot do any of them without an RV....We are close.. Every large bank will exchange... RELAX the RV is coming...Breathe... [post 2 of 2]
10-13-2016 Intel Guru Randy Koonce Iraq wants to RV, and they tell us this all the time in the paper...They will tell us they are opening the budget, but do not. They tell us they are going to start the Tariffs, but they don't. They tell us that they are getting loans to do massive building, but for some reason there is still nothing going on...They keep telling us that they have approved the oil law... but they never enact it...And after this repeated pattern of information, they then sit quietly for a while and they start the whole process up again. OK. So, what is the one Key that is required to do all these things? The RV! Why? Because it takes money that is worth more than the paper it is printed on. So even tho you are disappointed it has not happened yet, there is one more common 'key' that is mixed in with this repeated process. And that is Obama... He has a reason for not doing it just yet, and he has kept Iraq and the world at bay with this RV...We have information that comes from good sources; it is the best we can do. [post 1 of 2....stay tuned]
10-13-2016 Intel/Newshound Guru Mnt Goat Remember the e-dinar? ...Iraq is now entering into the first phase of the project implementation as announced this week. I feel this is the beta test before they open the e-dinar up to all of Iraq. This will mean an end to the corruption associated with payment of salaries and maybe some of the funds will not get in the hands of the people. This all good for Iraq and is yet another one of the goals set in the MOU last January with Iraq by the IMF. This is exactly the progress we need to see. We also heard in previous news they intend to load each card with up to 10 million dinar ($8,400+ USD).
10-13-2016 Intel Guru ADMINBILL SHORT AND SWEET THIS MORNING. INFORMATION (RUMORS) SUGGEST THAT THERE MAY BE SOME SORT OF DEADLINE THAT NEEDS TO BE MET FRIDAY. OTHERS MENTION SATURDAY. WHAT DOES THAT ACTUALLY MEAN? THERE IS A POSSIBILITY OF CONTRACTUAL REQUIREMENTS THAT NEED TO BE CONCLUDED.
10-13-2016 Newshound Guru rcookie Article: "The IMF praised Wednesday progress made by Iraq in implementing economic reforms." SO...HERE ONCE AGAIN FURTHER CONFIRMATION ON IMF SATISFACTION OF IRAQS ECONOMIC REFORM ACTIONS...WHICH WILL BE TRANSPARENTLY DISPLAYED FURTHER WHEN THE 2017 BUDGET LAW IS MADE PUBLIC OPENING THE WAY FOR THE HUGE SBA UMBRELLA...
10-13-2016 Newshound Guru Aggiedad77 [Iraq is broke, and borrwing money from everyone..how could the Iraqi banks ever change to $3.71?] MY TAKE ON IRAQ AND THE NEED TO BORROW MONEY (USD?) IS THE REQUIREMENT TO STAY SOLVENT. ONCE THE RV TAKES PLAY THE VALUE OF IRAQI DINAR THEY HOLD IN THEIR VAULTS WILL MORE THAN COVER ANY LOANS. RIGHT NOW, IMO, IT IS ALL A SHELL GAME.
10-13-2016 Intel/Newshound Guru Mnt Goat Article quote: "IMF for Member States pledged to the International Monetary Fund to revive global trade and promote government spending and the removal of restrictions that inhibit the business sector in order to support growth." To me this is so very important because it is telling us that global financial officials want the dinar as the means of payment for ease to trade with Iraq on an international level. ...but how can they keep going to the auctions to exchange dinar for dollars to conduct trade? You see they must get out of their “closed economy” and the financial experts this week told them this must be done and be done soon. How much longer can they wait. ...remember that Iraq goes for a review before the WTO on their application for full membership in November. I also want to remind everyone there is extreme pressure coming from neighboring countries in the middle east with Iraq to get out of this “closed economy” as it is hurting their trading partners. So its not even just the international financial community but neighboring trading partners as well.
10-13-2016 Newshound Guru Kaperoni Article: "Iraqi cleric Sadr calls for protest against Maliki's comeback" Quote: "Powerful Shi'ite cleric Moqtada al-Sadr on Wednesday called for a demonstration against a Iraqi court ruling that returns his bitter rival, ex-prime minister Nuri al-Maliki, to a vice-presidential position."
10-12-2016 Newshound Guru Aggiedad77 I am having one of those "feelings"...we stand before that locked door...all of a sudden...we can hear clicks and clatters...bolts being thrown...then hinges creaking...the door frame bulges...it's a fat lady for sure...but what happens is hopefully historic....Praying that what flows through is just so totally full of MR...hot...red hot lava flow of the MR...Monetary Reform that is...not the beginning thing either...but rather instead the whole enchilada...
10-12-2016 Intel Guru Frank26 i ...We ...Will be in RED dress tonight ...(For red Hot?).
10-12-2016 Newshound Guru Adam Montana ...to dispel a little rumor that was running about the Dinar Airwaves over the week... according to my most reliable sources, Maliki is not going to be returned as VP or any other significant role. I'm sure this isn't the last we will hear from Maliki, because he has nothing to lose by continuing to file motions, appeals, requests, etc... but I really don't think we need to worry about him for the present time, or the near future.
10-12-2016 Newshound Guru Kaperoni Articles: "Economic calls to cancel the auction currency and an end to the phenomenon of «money Moadh«" "Why collapsed the Iraqi dinar .. Economists call for the central bank to answer" The way I read all these cries, they are pushing for the CBI to move monetary policy forward...Like we have discussed for so long...the CBI needs to exit the peg and float the dinar. Unfortunately, as much as I agree, the government's inability to lay the groundwork (pass laws) is holding all these reforms up.
10-12-2016 Intel Guru SteveI [CBI Site Down?...Today, 11:16 AM] It could be a number of things. Please do not read anything into this.
10-12-2016 Newshound Guru Adam Montana 4. But, to get to my reason for reigning in *some* of my optimism for this month... we still don't have an HCL or much news about it's implementation. It's great that Oil is going the right direction. It's awesome to have the IMF praising them, it's fantastic that they are making timely progress on the 2017 budget, but... without that HCL, I have to go back to "cautiously optimistic" at this time. On a more positive note, it's widely believed that the HCL is pretty much done and it's only a phone call away from being published in the Gazette and made official. That could certainly happen any day, even today or tomorrow! But until it's done, or we hear more about it, we remain patient. [post 3 of 3]
10-12-2016 Newshound Guru Adam Montana 2. On the topic of oil prices, Iraq is very much involved in the recent OPEC movement to control production and get the prices moving back up. As of Monday, oil hit $53... The head of BP says he is expecting $55-70 coming soon. This stuff isn't written in stone, but it's certainly a good indication of the efforts being taken, and Iraq will certainly gain confidence as a result. 3. Also cheering for Iraq and basically giving them a big ol' green light is the IMF. It's important to understand that the IMF can't force them to RV, or stop them from doing it either, but when they have the IMF on their side, it's a great thing! [post 2 of 3....stay tuned]
10-12-2016 Newshound Guru Adam Montana Around the end of August I had mentioned my slight optimism for September and greater enthusiasm for October. With October almost halfway over, I'm forced to reign in some of my enthusiasm... but not all. Here's my latest thoughts: 1. I believe I was mistaken recently when I mentioned the budget was set based on an anticipated $60 ppb... according to this report, it was actually set at $45, which is probably only slightly off from the year-to-date average! You all know I don't place a lot of importance on the "Budget", as they release it to the public, but for them to continue showing this kind of control over their assets and finances is a GREAT thing for the world to be able to place confidence in a big increase in the value of the Iraqi Dinar. This year's budget was completed and published right about the 1st of the year, which was a huge improvement over the previous decade. As of right now, they look to be on pace to do it again, or maybe even earlier! Again, this is exactly what they need to be doing in order to do an RV and most importantly, support the higher rate. They are doing great at this! [post 1 of 3....stay tuned]
10-12-2016 Intel Guru Frank26 So right now the CBI with Allak and Abadi...IMF, UST... they know what they are doing with the Monetary Reform and the control of the exchange rate of the Iraqi dinar...and do you remember what they have already said...that I want a gradual increase...IMO all of the recommendations from the IMF to the CBI are being accomplished ...so we look for the next step to come from the CBI...and by the way...Allak even came out and said...in the reports that we have...in Arabic...he said yeah we know to do this before November...raise the value of your currency ...before November...ever since that meeting...in Amman, Jordan...with the CBI and the IMF...the CBI told the IMF...we’ve done all the regulations...we are done...and we will implement before November... [post 3 of 3]
10-12-2016 Intel Guru Frank26 ...the CBI and Allak have said that clearly they want to increase the rate gradually...we...feel that they are doing that...without telling anybody...the market street rate actually dropped over the week...it was at 1309 and it is at 1295 right now...the market rate dropped for the 2% compliance that the IMF wants...they are constantly doing something with the value of their currency...IMO. I am of the school of thought that they will come out 1 to 1 in the country... Allak and the CBI and the IMF have a plan and they are following it...they are following it step by step. Mosul is the big lady that sits in front of us...when they finally do liberate Mosul you are going to see the Monetary Reform right in front of your eyes IMO. [post 2 of 3....stay tuned]
10-12-2016 Intel Guru Frank26 ...there was...an important meeting on the 7th, the 8th, and the 9th...and we told you it was with the IMF and the US and we told you within that meeting there would be a lot of...reviewing of what they have done with the Monetary Reform. ...this came out in a documentation where the IMF said...we are working with the CBI...we are working with Iraq...but I am here to tell you...we are not going to put it in any report...anything that we consider sensitive information...we are not going to announce it to anybody...the things they are doing with the Monetary Reform...they may not be privy to us right now. [post 1 of 3....stay tuned]
10-12-2016 Intel Guru Bruce Intel the last couple of days have been very light. Not totally dark, but very quiet out there. We did get some good Intel the last couple of days. Some of it is unfortunately can’t talk about. some a little too specific. The one thing I am very aware of is it suppose to have gone even from what I understand last night. There were a few things that came up that stopped it. Just be prepared for anytime now. AS far as what I am hearing specifically we have a very high percentage change it can go tonight and for tomorrow. We had a large meeting of the IMF and World Bank group from 0ctober 3 and completed on October 9th. It was decided a go time. We are looking very solidly for any moment now. We heard the rates may have made a move upward...
10-11-2016 Intel Guru ADMINBILL International activation began today. Tested in Asia until now. Totally in sync with Swift transactions making it international between ALL countries today.
10-11-2016 Newshound Guru mike Article: "Rumor and National Economy" ...the GOI is struggling to make payroll, it's difficult for the citizens to withdraw their money from the banks and the dinar is worth almost 10% less than face value...All three of the "rumors" above happen to be true... Until Iraq tackles the corruption, stops the sectarianism and delays economic and monetary reform, nothing will change. No one will trust and engage the banking system, they'll continue to hoard what little money they have because of government instability and seek the dollar as a safe haven for their earnings.
10-11-2016 Newshound Guru Kaperoni Article: "Ex-PM Maliki making comeback as Iraq's most powerful man" I think much of this is propaganda since Maliki has been the most powerful man all along. If he gets the VP position back it changes nothing since the position has no effective decision making power and is ceremonial in nature.
10-11-2016 Intel Guru ADMINBILL ALL CONTACTS AGREE THAT THE EVENT IS CLOSE AT HAND. I AM SURE TODAY WILL BEGIN QUIETLY, AND BECOME MORE ACTIVE AS THE DAY PROGRESSES... ...THE IMPLEMENTATION OF THE CHINESE INTERNATIONAL PAYMENT SYSTEM (CIPS) THIS WEEK...IS A VERY IMPORTANT STEP, AND WILL PLAY A SIGNIFICANT ROLE IN WEALTH TRANSFER AND MANAGEMENT WORLDWIDE AS CIPS IS USED IN PLACE OF SWIFT, OR IN CONJUNCTION WITH SWIFT...
10-11-2016 Newshound Guru Kaperoni Article: "Why you must stop the currency auction?" They cannot end the auctions until the economy, and banking system are ready for the transition. Leaving a monetary policy that is closed is difficult, especially with so many corrupt Iraqi's trying hard to stop it. But if Iraq ever wants to diversify, and invite global investment, they need to work towards Article VIII and the float...and the sooner the better.
10-11-2016 Newshound Guru rcookie Article: "Federal Court: Reply decision to abolish the positions of president of the republic does not mean their return" IT IS NOT A DOOM AND GLOOM DEVELOPMENT...IT MEANS THAT THE PREVIOUS RULINGS AND APPEAL DECISION CONCERNING ABADIS ELIMINATION OF 3 VPP'S WAS OVERTURNED BY FEDERAL COURT TODAY...BUT DOES NOT NECESSARILY MEAN A RETURN OF NAJAAFI...ALLAWI OR MALIKI... DOES ANYONE THINK THE US OR THE REST OF THE WORLD IS GOING TO ALLOW FOR ABADIS REGIME...REFORMS AND PROGRESS TO FAIL...JUST READ THE DAILY STATEMENTS OF UNWAVERING GLOBAL SUPPORT...AND MORE IMPORTANTLY US POLITICAL AND MILITARY SUPPORT....FOR ABADI...IRAQ REFORMS AND PROGRESS...
10-11-2016 Intel Guru ADMINBILL ...IT IS NOT INCONCEIVABLE THAT IT COULD MOVE INTO NEXT YEAR... I AM REACHING OUT TO CONTACTS TO SEE WHAT THEY MAY BE HEARING TONIGHT. I WILL JUST SAY...NO ONE HAS BEEN RIGHT TO THIS POINT SO LET'S SEE WHAT SHAKE OUT OF THE TREES TONIGHT.
10-11-2016 Intel Guru Dr. Clarke The VN Dong - no status change - it can raise significantly AT ANY TIME. NOTHING is holding this currency back from moving significantly higher. This government has set Everything up to move NOW.
10-11-2016 Newshound Guru mike Article: "The source of al-Maliki's office: We have received a notice from the judiciary declared unconstitutional abolition of the Vice President of the Republic" ...the VP is largely ceremonial. The thing is this is further political validation in and out of Iraq. It puts him in the best position to make another run at the PM post. I don't think it will happen, but I bet he takes a shot.
10-10-2016 Intel Guru Dr. Clarke Do You Want to Know What’s REALLY Going On? ...APRIL 2017 - OH NO, ANOTHER DATE - Iraq Dinar Official Rate Change and International Announcement happens, sometime in APRIL 2017 - The 1st month of Their 2nd Quarter - roughly 6 months from TODAY. Now, Logically, this should give Iraq, IMF, UN, U.S. and everyone else, ENOUGH TIME to get everything in order, done, signed, transferred, set up, finalized, double-checked...Yes, you read that right. APRIL, 2017 - 6 months from now - based on our PURE LOGIC, as it exists Today. It’s going to take this long, because Iraq needs the time - they’re SLOW & It’s a Communication NIGHTMARE in the ME. They have major ISIS & corruption problems, that are this far away from getting stable enough to pull this off...But, we’ll say one IMPORTANT thing...“ANYTHING can happen, at ANY Moment” ... because you’re NOT even guaranteed your next Breath - even an RV scenerio”...In our opinion. [post 3 of 3]
10-10-2016 Intel Guru Dr. Clarke The Following is our “LOGICAL FORECAST”...MOSUL - Will not be completed until early December - OFFICIALLY & PUBLICLY ANNOUNCED. 2017 BUDGET - Will not be official and not printed in the Gazette, till the last half of December 2016. HCL...our best guess, is that it will be Publicly Announced as official by December 1, and printed in the Gazette by end of December. (too much money involved here, so NOBODY knows the truth about this animal). All Other Important Laws - Officially printed in the Gazette by end of December. Government Cabinet seats - All voted in and sitting, as of December 1. Contract Rates - Forget them. Non-existent. Rumor. ZIM - One of the biggest Hoax’s we’ve ever seen...800# - There are NONE. Another hype, Rumor... 1st Quarter 2017 - ISX cranks up, Banks in Iraq change, U.S., IMF, UN give Iraq final approval, to announce an International Rate Change and Status for exchange. [post 2 of 3....stay tuned]
10-10-2016 Intel Guru Dr. Clarke There really was, and is, a “Plan” for concluding this “Dinar” ride, for the general public to be exchanged by end of 2016. It’s NOT on SCHEDULE, as of Today. The December 1st date, we talked about before last week, is now gone. No date. Removed. Everything changed over this past week. So, no date to look at in 2016. It’s open ended, as we speak, on into 2017. You want 100% guarantee of a Date to exchange. There is no such date - only probabilities of dates. We don’t give any RATES...NOBODY knows what rates will be...MOSUL...Mosul is NOT done. Whether it is or isn’t, doesn’t matter - It’s still officially, publicly NOT done. Very important piece NOW, to Iraq changing their currency to International and raising the rate. [post 1 of 3....stay tuned]
10-10-2016 Newshound Guru rcookie THEY ARE THE 3 ORIGINAL VP'S...FORMER HOUSE SPEAKER NAJAFI..AND 2 FORMER PRIME MINISTERS ALLAWI & MALIKI... THEY HAVE STATED IN ARTICLE...THEY ARE NOT REINSTATING ALL THREE VP'S...BUT RATHER...ONE...AS PER CONSTITUTION...THE OVERWHELMING GROUNDSWELL OF NEWS REPORT UNWAVERING SUPPORT FROM US...POLITICALLY AND MILITARILY TO ASSURE ABADI REGIME AND REFORM SUCCESS...THE US WILL NOT ALLOW FOR ANYTHING TO UNDERMINE ABADI AND IRAQS GLOBALLY ACKNOWLEDGED SUCCESSES AND PROGRESS... [post 2 of 2]
10-10-2016 Newshound Guru rcookie Article: "Iraqi Constitutional Court draws a painful blow to al - Abadi approve the return of the three vice - president of the republic , despite some of them implicated in corruption cases"
Quote: "The three vice-presidents who are removed from office as Vice-President of the Republic are Osama Najafi, the former House speaker, and Nuri al-Maliki and Iyad Allawi, the two former prime ministers." NAJAAFI APPEAL TO THE ELIMINATION OF 3 VP POSITIONS RULING BY LOWER COURT AND APPEALS COURT WAS OVERTURNED AND RULED UNCONSTITUTIONAL BY FEDERAL COURT TODAY...STATING THE POSITION IN TOTAL CAN NOT BE ELIMINATED...AND SUGGESTS GOING FORWARD THERE WILL BE 1 DEPUTY POSITION NOT 3...ORIGINAL MOVE WAS DONE AS FINANCIAL AND BUDGET EXPENDITURE DRIVEN ACTION...RULED ON BY COURTS AND APPEALS... [post 1 of 2....stay tuned]
10-10-2016 Newshound/Intel Guru BGG [I just read the article today about the Supreme Court and Maliki...] [...malilki is coming back?] Let's not be alarmist...whatever happens - the UN/IMF won't sit still for this JACKASSERY ... exactly what they have been advising against all along. Maliki may think he's won something - he's just brought on the BIG DOGS...
10-10-2016 Newshound Guru Kaperoni Article: "Alusi: The federal decision to return the Vice President meant to rule the survival of the country's Mhassata" Quote: "It is said that the Federal Supreme Court issued today its decision regarding the lawsuit appeal made the decision to cancel the posts of Vice Prime Algmehorah.anthy" Keep in mind these positions are more symbolic than anything. Abadi got rid of them to save the salaries.
10-10-2016 Intel Guru Bluwolf IT IS ABOUT THAT TIME FOLKS, RV ARISING.
10-10-2016 Intel Guru ADMINBILL A DAY CLOSER TO THE PROJECTED DATES FOR POSSIBLE COMPLETION. ALL WE CAN DO NOW IS WAIT. [..do you have a sense of what we are waiting on?] I HOPE TO FIND OUT TODAY. IT MAY SIMPLY BE TIMING.
10-10-2016 Newshound Guru hutch IMF report quote: "The Board of the International Monetary Fund approved a standby credit loan SBA for a period of three years for Iraq and the rights of special drawing SDR value of 3.831 billion units (approximately: 5.34 billion, or percentage of 230%); to support the economic reform program adopted by the Iraqi government..." Thats how the sdr works. They are allowed a percentage of their sdr deposit. Generally it is 200 percent. They have approx 10bl in sdr basket, so they are allowed 200 percent of that. That is why they were able to get a 20bl loan. Thats what the agreement is and the 5.34 is one of the installments. It gets them on their feet. Thats why investment into the country is so important to what OUR end goal is.
10-10-2016 Intel/Newshound Guru Mnt Goat Can many currencies revalue? Certainly they can as we know for a FACT that the IMF has a “Sustainable Development” project which includes goals for many of these so called “underdeveloped” countries with potential. So anything is possible. But is it not likely in the near future.
10-10-2016 Intel Guru ADMINBILL WILL THIS BE THE FINAL WEEK? THAT IS WHAT THE CONSENSUS IS. IF WE ARE STILL HERE NEXT SUNDAY WE WILL ONCE AGAIN KNOW THAT THE YELLOW BRICK ROAD STILL HAS CONSTRUCTION SIGNS IN PLACE. USUALLY THE CONSTRUCTION SIGNS WILL HAVE WORKERS STANDING AROUND WAITING TO BE TOLD WHAT TO DO NEXT. SOUND FAMILIAR? BE OF GOOD CHEER. I STILL DO NOT EXPECT ANYTHING UNTIL MID WEEK AT THE EARLIEST.