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Below Is the Dinar Guru Archive: 1-1-2014 to 8-10-2014
8-10-2014 Newshound Guru lojak "Sources within the Rashid Hotel in central Baghdad on the detention of a large number of deputies, including the head of the new parliament in the hotel and the imposition of house arrest amid them hear the voices of intermittent fire" what we dont know at this point is who are these forces?...they could very well be security forces NOT loyal to Maliki, but sent there to anticipate problems...its waaaaay to early to jump to conclusions. There isn't an actual coup, Baghdad is calm. Maliki has raised the stakes through his statement, it's the Iraqi form of poker (or chicken) .
8-10-2014 Newshound Guru Tlar Then this article stating that the MP's staying at this hotel, the Rashid which would be many MP'S all out of towners from the Sunni areas and Kurdistan and all towns outside of Bagdad like Basra etc., which includes the new POP are all under house arrest. It looks all the world to me like those forces Maliki said would be released on Iraq are being released by Maliki himself. This looks to me like what it probably is, a military coup with Maliki trying to take control over the government of Iraq by force. I may be a little pre-mature guys in saying this, but if it looks like a duck and quacks like a duck, well you know where I am going with this. I hope I'm wrong. [post 2 of 2]
8-10-2014 Newshound Guru Tlar We all realize this is an unfolding story. Maliki is paranoid, knows he is going to be arrested, has 25 billion dollars and does control the military at this point. He has been threatening everybody including al-Sistani in the last 24 hours and saying the fires of hell have will be let loose if the will of the people is not honored (he is referring to all the votes he stole as he thinks he has the peoples mandate in his mind). Then we get an article saying that Massoum's house has been blown up. Massoum threatened to quit because of threats and pressure being made by Maliki. And then security forces are spread out all over Bagdad that nobody knows for sure who controls them and the green zone is now on lockdown. [post 1 of 2....stay tuned]
8-10-2014 Newshound/Intel Guru BGG Maliki trying to arrest all of Parliament and all the major political leaders.
8-10-2014 Newshound Guru Kaperoni Maliki has surrounded himself and Tweets of explosions in or near his presidential palace. Maliki was just on Iraqi TV basically saying he will not step down. That the president has violated the constitution for failing to nominate him for a 3rd term. Immediately thereafter that broadcast, he has deployed troops around the green zone.
8-10-2014 Newshound Guru Aggiedad77 Source: "Masum cost-Maliki to form the government and the Badr and independents withdrew their reservations upon" So the debate continues...who is the biggest...definitely Maliki thinks he is the biggest and definitely can cause the most damage if he does not get his way...but the National Alliance seems to be hanging on as well...and President Massoum appears to want to give the NA leadership every possible chance to put a name on the table...someone that will be capable of replacing Maliki...I'm just not sure the NA will find a "willing" candidate who does not feel threatened by Maliki's forces...one way or another it would seem that the next few hours hold an announcement to be made...a decision...and the future of Iraq.
8-10-2014 Newshound Guru Tlar Its insane for them to still have not announced a PM this late in the game. The most encouraging article is the one saying the coalition has finally decided to quit negotiating with...(Maliki and the leadership of the SOL) and will decide who will be the nominee while ignoring Maliki and his party altogether. They should have done this 2 weeks ago. Instead they have continued to try to work it out up until the final hour. Masum will pick the NA over the SOL. The SOL is only now potentially 25 guys out of a total of 178 and will NOT be allowed to dictate who the PM will be. The coalition better come forward quickly with their nominee.
8-10-2014 Newshound Guru Millionday Article quote: "Vacated Prime Minister outgoing Nuri al-Maliki in his office building, prime minister of the personal needs and sensitive files. A source in the office of al-Maliki told ((eighth day)) that the evacuation process initiated since the early hours of Friday..." MALIKI IS EVACUATING ALL OF HIS BELONGINGS. THERE ARE NO GUARANTEES THAT HE WILL NOT BE WITHOUT LEGAL MATTERS. SO THAT IS WHAT WE...STAMP AS HUGE PROGRESS.
8-10-2014 Intel/Newshound Guru tman23 Word is Al Jaafari is the Prime Minister...And Maliki conceded the position to him...I was told ...that some were heard referring to jaafari as Mr. Prime Minister...so we shall see as the deadline is Monday 11pm.
8-10-2014 Intel/Newshound Guru Poppy3 WEAR YOUR SMILES TODAY...THIS IS A AWESOME WEEK COMING UP. GET IN THE HAPPY MODE NOW WHY WAIT AND WASTE A MIN.
8-10-2014 Newshound Guru Chattels IT APPEARS THAT THE POLITICAL HEADS/NATIONAL ALLIANCE/SLC ARE STILL WORKING (LITERALLY PERHAPS FIGHTING) TO SELECT A SINGLE CANDIDATE FOR PM, BUT THAT OTHER BUSINESS IN PARLIAMENT IS ADJOURNED UNTIL THE 19TH. [we could be in for a long drawn out battle and no RV?] ALWAYS BEEN A DISTINCT POSSIBILITY.
8-10-2014 Newshound Guru Kaperoni So using the dollar is perfectly understandable why they stabilize the country, build the infrastructure to support investment and learn how to manage monetary policies. This is the very motivation for the reams of news articles from economists in Iraq calling for monetary/currency reform. Remember, in order to transition to a market economy, open the capital account, and invite global investment, they must be using the dinar. As well, they must be using the dinar for the WTO - both require IMF Article VIII. So when that happens, the dinar will rise. [post 3 of 3]
8-10-2014 Newshound Guru Kaperoni the CBI realizes that they cannot do anything for a while (prolly 60-120 days at least). And reprinting the current notes allows them to maintain a successful monetary policy in compliance with the IMF while they wait...the CBI had no choice. They need usable currency or else the monetary policy fails. They cannot continue using the US dollar indefinitely...not if they want a market economy. Yes, they have used the dollar for 11 years and that is because they are in a closed currency board (peg) under Article XIV with the IMF and 95% dependent on oil sales with little to no other exports. [post 2 of 3....stay tuned]
8-10-2014 Newshound Guru Kaperoni ...the dinar in circulation is simply worn out. And the reprinting of notes is to replace those...nothing more...the CBI has a responsibility to maintain exchange rate stability, foreign currency auctions, etc (monetary policy). until the such time they decide to exit Article XIV and enter Article VIII. This is nothing more than part of that process. The current dinar is not expiring, nor ending nor have a timeframe. The IQD is the currency of Iraq. IMO, the value of the dinar will not change until the CBI makes that decision to go to Article VIII as part of the transition to a market economy. The rise in value is part of a broader economic plan as the Article IV Consultation stated "Balassa-Samuelson" effect. There is no overnight RV, its not happening tonight, tomorrow or after the GOI is seated...It will rise in value only as part (result) of the transition to a market economy and a influx of capital. [post 1 of 3....stay tuned]
8-10-2014 Newshound Guru Chattels [posted at 8:27 a.m.] From my friend watching live: WAITING FOR THE PRINT ON IT, THIS IS HAPPENING LIVE...HOLD ON, FLASHING ADJOURNED UNTIL 8/19. BIG TROUBLES AGAIN...EVERYONE IS OUTSIDE YELLING AT EACH OTHER. SEEMS THEY VOTED ON THE COMMITTEES AND NOW THEY MOVED THE REGULAR 12TH MEETING TO THE 19TH, BUT STILL WAITING IN THE CONFUSION TO SEE IF THEY DECIDED THE BIGGEST BLOC YET. SAME FIGHT BROKE OUT AGAIN TODAY, NOW JOBOURI WILL MEET WITH FUAD, MALIKI, AND JAAFARI TO RESOLVE THIS ISSUE BEFORE MIDNIGHT TONIGHT.
8-10-2014 Newshound Guru Millionday Report quote: "President Fuad Masum Friday evening to the city of Erbil..." THE PRESIDENT IS IN ERBIL AND HAS ARRIVED FOR THE PURPOSE OF RESOLVE. IT IS SO OBVIOUS THAT HE IS GOING TO BE GOOD FOR IRAQ AS HE IS PUTTING HIS PRIORITIES THE RESOLVE OF THE POWER SHARING GOV. IT SEEMS THAT IF THEY DO NOT HAVE IT DONE BY TOMORROW [SUNDAY] (THE END OF TIMELINE) -- THE PRESIDENT IS PREPARING TO PLACE A PM -- HE HAD SAID BEFORE HE WOULD NOT SO THIS IS GREAT NEWS. AS WE SEE WE HAVE HUGE HOPE AND SO DO THEY THAT A PRIME MINISTER WILL BE NAMED...THIS IS GOING ON THIS WEEKEND. [Guru] BGG...VERIFIED THAT THEY ARE MEETING SUNDAY AND NOT MONDAY...SO IT IS NOT POSTPONED.
8-10-2014 Newshound Guru lojak Obama said on his weekly address...that once the new PM of Iraq is seated--which should be anytime, a coalition of countries will be going in to eradicate ISIS. The govt will be done very shortly...and the CBI has publicly said what they were waiting on.
8-10-2014 Newshound/Intel Guru BGG Parliament does not have to be in session. This is on Massoum - Period...he calls the largest bloc to bring forward their nominee who is then the one to "form the Gov't"...this nominee has 30 days. [As I understand the Parliament will only vote to seat the whole govt not just the PM is that correct?] if he cannot - or cannot get a plurality of support once he does "form" (from Parliament - in the form of votes) then Massoum will choose another candidate. [Do you feel the govt has to be seated or just a PM to be named to see a possible RV?] IMHO - just the PM. [do you think Massoum will announce the PM soon?] Yes. I do.
8-10-2014 Intel Guru Jester IT SEEMS AS IF THINGS ARE HAPPENING RAPIDLY TOWARD GETTING THE GOVERNMENT SEATED... AND...IF THEY DO THEN A LOT OF PROBLEMS WILL TAKE CARE OF THEMSELVES.
8-9-2014 Newshound Guru Millionday Article quote: "...the first deputy chairman of the Council of Representatives Haider Abadi yesterday for the House of Representatives decided to return the draft federal budget for the current year to the government..." SO THEY NOW HAVE THE BUDGET IN HAND – THAT IS HUGE AND FAST COMPARED TO ANYTHING WE HAVE SEEN IN THE LAST TEN YEARS THAT IS FOR SURE.
8-9-2014 Newshound Guru Tlar Personally I...believe this government will have selected and nominated its PM as they themselves have said, by Monday. Turki has said he is ready, willing and able to make the monetary change. The CBI has printed the smalls and they are just waiting the go ahead which if we believe Turki is the government issue "settled". Circulating currency is at an all time low and Iraq has essentially dollarized. The dinars that are still circulating are more protected than they have ever been as far as potential counterfeiting goes as the new 250, 500 and 1000 are being replaced as they come into the banks and have been being replaced since the beginning of the year. The banks are mostly hooked up internationally and the controls on money laundering along with accountability are in place. They are IMF article VIII compliant and the WTO just needs to stamp the document approving ascension. Turki will follow the governments lead. When the government is seated, Turki will release the currency as he himself has stated.
8-9-2014 Intel/Newshound Guru tman23 Personally I struggle with the thought of a RV while the US is engaged and under the microscope of world reporting. How do you explain such an event when reports of chaos and terrorism are highlighted daily. But, then I was told that certain Gulf countries were warned that counterfeiting a countries currency is a declaration of war recognized by the whole international community. So why this warning now?
8-9-2014 Newshound Guru Doc What we expect to see in the next 3-6 months is more of the same. Iraq is notorious for not meeting timelines and commitments and we expect this to continue. The naming of a PM and formation of a new government will take longer than is being reported. Once this happens it will take some time for it to become fully functional and get on with the business of government. We are hopeful at this point the masses will see a more inclusive philosophy and some sense of stability will be obtained. It is most likely the CBI will not entertain any thought of currency reform until these events occur. We report, you decide. [post 2 of 2]
8-9-2014 Newshound Guru Doc Our time table continues as last reported in that do not expect any significant currency appreciation through end of this year at a minimum...simply stated the fundamentals are just not in place to support appreciation any time soon. Our insiders continue to support this view. Remember a strong currency needs both fundamental laws in place and a STABLE government neither of which exists currently. We do believe the government issue will eventually resolve itself. If Iraq truly can form a inclusive government then much of the ISIS support will quickly fade with the general population. Unfortunately this is a monumental task in their culture and one in which Maliki failed miserably. [post 1 of 2....stay tuned]
8-9-2014 Newshound Guru Bondlady ISIS...shifted their attention to Erbil but I think...they will head back towards Baghdad and I feel like there IS a plan - the USA will act to protect its interest and the green zone is in Baghdad and no one knows the DEPTH of our interest within the biggest embassy ever built in the world. I think its about to come to an end... It's tough but I feel like its all going to be ok just hang in there and pray for the innocent lost in Iraq.
8-9-2014 Intel Guru TerryK [via freeway2] the rate for the dinar is $8.16 and the Dong $2.21...
8-9-2014 Intel/Newshound Guru tman23 A sign to look for...In 2011 Kurdistan stopped raising the Iraqi flag in protest to Baghdad not living up to the agreements. Today, (Saturday) after the Parliament special session Jabouri went to Erbil with "forms" for Kurdistan to "review". Jabouri's canceled Sundays session...He will be in ERBIL! This means we should have the NAME on Monday...and there are whispers that the Peshmerga and Federal military are coordinating assaults on militants. The sign to look for (after Monday) is the Kurds flying 2 flags together. This will be HUGE! [post 2 of 2]
8-9-2014 Intel/Newshound Guru tman23 I was told there are 2 items at the top of the agenda...Security and economic. To be more direct it was said secure the political situation and secure the bank. That is the shortest version of todays special Parliament meeting but describes it all. And, IMO, It appears Jabouri went to Erbil to finalize some paperwork with the Kurds. [post 1 of 2....stay tuned]
8-9-2014 Newshound Guru Tlar Article quote: "President Fuad Masum, will cost a candidate of the National Alliance to form the next government as the biggest bloc, while ruling out the assignment for the State of Law coalition." What a great article. It sets the stage for a PM nominee on Sunday/Monday. Depending on who it is we could see his ministerial list the same day also...the government won't be seated...once a new PM nominee acceptable to all is chosen, you can consider the government set.
8-9-2014 Newshound Gurus BGG and Chattels Article quote: "The parliamentary sources earlier revealed earlier on Saturday (July 9, 2014), the Presidency of the Parliament decided to postpone the House session scheduled for tomorrow (Sunday) until next Monday." [so...no parliament session Sunday?] not according to the latest i have seen. ultimately Parliament will only put a stamp of approval on the nominee once they have been chosen. Massoum could choose the nominee today. there is no requirement for a meeting of any kind.
8-9-2014 Intel Guru TD All this translates to is that M is history and a new PM will be named as early as Sunday. Acceleration and formation of the government is imminent now. While humanitarian suffering is enormous this development is a blessing in disguise for all of the Iraqi people as their leaders MUST now act. The next couple days will certainly tell a very interesting story in this saga called Iraq. [post 2 of 2]
8-9-2014 Intel Guru TD I just received this update from my Kurdish friend who indicates that thanks to US air strikes and the fierce fighting capability of the Kurdish forces that ISIS is NOT making any progress against their region. Most telling is the ENORMOUS pressure the Obama administration is making against M [Maliki] and other main political leaders in the country to "Move ahead swiftly with government formation and the placement of an inclusive PM ". Obama has laid it out very clearly to everyone that their only viable solution here is political and that the US military involvement is coupled with REAL AND IMMEDIATE Political solutions. [post 1 of 2]
8-9-2014 Intel Guru EXOGEN [There are four currencies with big returns and 16 others in the first basket.] YOU WILL BE ABLE TO EXCHANGE ALL CURRENCIES: 1. DINAR 2. DONG 3. ZIM 4. INDO AND 2 OF THE CURRENCIES MAY GO (2) TIMES (HINT HINT). DONG WILL COME OUT AND FLOAT... IF THE ZIM DOES JUST 1/2 WHAT WE ARE HEARING IT WILL BE MAJOR AND LIFE CHANGING!! The Iraq war has everyone OFF Balance RIGHT now...BY DESIGN-YES! The countdown timer is now set OFFICIALLY and it can not be REVERSED. This is all tied into USA Air Strikes to stabilize the country of Iraq and secure the region. Collaboration now with UST/China & IMF. [Christmas in August!!] YEP...the presents are about to be distributed GLOBALLY YES!!! [Whats the next phase?] THE BANK!!!
8-9-2014 Newshound Guru Lojak We checked with our sources at the State Department yesterday about the possibility of Abadi being the new guy. I was concerned that another SOL guy was about win. They responded that he would be a very good candidate and the US would fully support his nomination...he was formally the head of the Parl. Finance committee and is very publicly pro RV. Once the new PM is in position, our RV will be shown. [post 2 of 2]
8-9-2014 Newshound Guru Lojak Two major hurdles were crossed yesterday. 1) Masoum has now dictated that the National Alliance is the largest bloc. The SOL has recognized that fact, as they have been meeting with the Alliance to come up with THE name. 2) the SOL has dumped Maliki, and is taking two names into the Alliance meeting with them--Najm and Abadi. It is those two things yesterday that all should be very happy about. Now that the largest bloc is settled and the SOL has relented and agreed to nominate someone--the rest is "gravy". I would anticipate that we will see a name by tomorrow. [post 1 of 2....stay tuned]
8-9-2014 Intel/Newshound Guru Poppy3 HE SAID THEY KNEW WEEKS AGO WHY THEY WERE SENT THERE AND THAT THEY WHERE TOLD THERE WOULD BE NO ACTION UNTIL THE GOI WAS SEATED IN FULL. THE STRATEGIC STRIKES THEY HAVE BEEN ABLE TO MAKE OVER THE LAST 11 WEEKS HAVE BEEN PRIMARILY HUMANITARIAN. WE HAVE NOW MOVED 50% CLOSER TO SEE TURKI TURN OUR MONEY LOOSE... [post 2 of 2]
8-9-2014 Intel/Newshound Guru Poppy3 ...GOT A CALL FROM MIDDLE EAST. THEY TOLD ME THAT USA BLACKHAWKS AND OTHER PLANES SHOOK THE COUNTRY THIS EVENING [FRIDAY] BEFORE DARK AND THEY DIDN'T PLAY AROUND. HE SAID PEOPLE WHERE VERY EXCITED AND HAPPY THE USA WHERE FINALLY SUPPORTING THEM, HE ALSO SAID IF IRAQ HAD NOT GIVEN THE o ADMINISTRATION FACTUAL INFORMATION AND DEFINITE TIME TABLE WHO AND WHEN THE NEW PM IS AND WHEN HE WOULD BE VOTED ON AND SWORN IN THEY WOULD NOT BE FREE TO FINALLY STRIKE HARD AGAINST ISIS. [post 1 of 2....stay tuned]
8-8-2014 Newshound Guru Millionday [is turki position secure, or will he be replaced?] AS FAR AS TURKI GOES -- THE PM PUTS HIM IN PLACE SO THE PROXY POSITION DOES NOT SHOW IN MY REPORTS AS CHANGED FOR HIM BUT HIS POWERS WERE CHANGED. HE WAS GIVEN THE POWER THAT WOULD NOT NORMALLY BE HELD BY THE PROXY GOV OF CENTRAL BANKS TO CHANGE THE VALUE AND RELEASE RATES A LONG TIME AGO BUT HOW THIS REMAINS OR IF THE PM MAKES CHANGES RIGHT AWAY WOULD BE CRAZY AT THIS TIME...IT WOULD NOT SERVE THEIR BEST INTEREST SO THAT WOULD BE REASON ENOUGH FOR HIS POSITION TO HOLD AT THIS TIME OF REFORM AND CHANGE. [post 3 of 3]
8-8-2014 Newshound Guru Millionday [if they pick a PM this weekend they then have 30 days to form their government, do we wait to see the RV till then?] THAT WOULD BE UP TO TURKI. I DONT THINK HE MEANT ALL MINISTERS BUT THAT IS NOT IN INK. THEY DO HAVE 30 DAYS BUT THEY DONT HAVE TO TAKE IT ON THE MINISTERS. HE WAS READY TO MOVE FORWARD WITHOUT EVEN THE BUDGET DONE WITH ALL REFORMS ECONOMIC, HE MADE THAT CLEAR WEEKS AGO. [post 2 of 3....stay tuned]
8-8-2014 Newshound Guru Millionday [Who is the bloc to put forth the PM...?] THE NATIONAL ALLIANCE HAS BEEN REPORTED TO BE AND AGREED ON BUT THEY KEEP ARGUING ABOUT WHETHER IT IS MOST IN PARL OR HOW THE CONSTITUTION READS. CONSTITUTIONALLY THEY ARE TRYING TO HAVE A PM NAMED BY TOMORROW WITH THE LACK OF HOLIDAY DAYS IT SHOULD BE CORRECT IF THEY CAN GET IT DONE. THEY DO HAVE NAMES ON THE TABLE. MALIKI IS STILL ACTING AS A CARETAKER GOV PM AND WILL BE UNTIL THE NEW PM IS SWORN. [post 1 of 3....stay tuned]
8-8-2014 Intel Guru TNT Tony [several folks have said in the news that President Obama and team have found an extra 500 billion dollars through various means...] This is part of exposing what we are part of. There will never be an announcement on the evening news that we have all this extra money suddenly. So far, everything should tell you that you had a great day yesterday, even if you didn’t know it. That is continuing today with what we know is going on. It may not be today, tomorrow or even Sunday by 5pm, but we know it’s coming. [post 2 of 2]
8-8-2014 Intel Guru TNT Tony [via Adept1] [Let’s talk about ISIL/ISIS.] Even though it looks terrible on CNN, and parts are terrible, it can be controlled as soon as they want it to be. Meanwhile, there is a reason for how it looks...what you’re seeing is not everything that is going on. There is a control mechanism that is only partially activated, for a reason. The President said they would not give Iraq any help until Maliki was gone and they had a stable government that we could see. That help started yesterday. [post 1 of 2....stay tuned]
8-8-2014 Intel Guru DC I myself have been surprised by something else: several folks have said in the news that President Obama and team have found an extra 500 billion dollars through various means. Where do you have 500 billion dollars just show up? There are articles in US news sources about that...The general public will see the economy finally taking off... All the guys in the UST and the Fed are getting through the final checklist, meeting with banks and Homeland Security, getting ready for the distribution. Everyone is lined up, prepared, ready to go, and let’s pray this is the final thing. [Post 2 of 2]
8-8-2014 Intel Guru DC [via Adept1] Over in Iraq we have a PM selected and most cabinet members as well. The PM, Speaker and President are all ready to go, and everyone is under locked guard. They have announced in their television, newspapers and mosques that the PM will be announced on Sunday. Maliki is still there but I’m 95% sure the PM won’t be him. President Obama got on world television last night and said that Iraq is announcing their PM in the next few days. And that puts pressure on everyone...What’s different is that he got on TV and said it in public. [post 1 of 2....stay tuned]
8-8-2014 Newshound Guru tlm724 Obama said he had approved "targeted strikes against [ISIS] convoys should they approach the city." I will tell you all ...once the gate was opened for airstrikes there is no going back. This will be a swift and targeted campaign. We do NOT need boots on the ground for success! Iraq MUST appear the victor in this so that these terrorist cells won't come back once the US is no longer present.
8-8-2014 Newshound Guru Bondlady what 1st started out as a protest for Malikis last term has turned into a full scale blood bath to rid him of his 3rd term...a real man and lover of his people would have stepped aside if he wasn't so full of hatred for what was done to him on his 2nd term now he clings again to power for 3 reasons greed, power and paybacks...all wrong reasons for sure.
8-8-2014 Intel/Newshound Guru tman23 IMO, Yesterday evening Massoum made the call that the National Alliance was the largest bloc. The USA has confidence in knowing who the PM of Iraq is going to be. Hours after the US had confirmation, Obama makes his television appearance announcing military support...no combat troops!! But ya know combat troops and special forces are 2 different things. What we had last night is confirmation of a new PM and it is not Maliki! Maliki is NO MORE !
8-8-2014 Newshound Guru Tlar Both al-Jubouri and Masum, the new POP and the POR have threatened to quit if Maliki is brought to the floor as the next PM nominee. Everything seems to be building to this Sunday. It is now my belief that Maliki will have to be taken out because he is delusional and still believes that the votes he received are real and the people want him. Sunday we should see a two step process. The first is the declaration that the NA is the largest block and second a nominee for PM position. Depending on how that turns out, we will probably see a new government. [post 2 of 2]
8-8-2014 Newshound Guru Tlar Many have voiced their concern over the events revolving around the ISIS push into Kurdistan. Kurdistan has been keeping a watchful eye on the ISIS but what the ISIS did was to attempt to break out of the boundary that they have been allowed to occupy as they are used as the reason to oust a dictatorship. As soon as the new government takes its seat (hopefully this Sunday), these guys will be routed out of the areas they have been allowed to occupy in Iraq, pushing them back into Syria. They are what's providing the urgency to the political process and for the time being a necessary evil. [post 1 of 2....stay tuned]
8-8-2014 Intel Guru Mnt Goat I have said many times, when the USA begins stepping up operations to assist in the issues with the militants ISIS, we are very close to getting the government fully seated and our RV. The USA efforts now are stepping up to fight the militants because they now know that the forming of the Iraq government has turned a milestone and has selected their final candidate for prime minister. They know he will very shortly be seated. They know the council of ministers is also all selected. They are darn sure Maliki is out. Also remember there is looming Iraq budget that desperately needs to be opened and spent. They need to vote and seat this new prime minister and do it quickly. [post 3 of 3]
8-8-2014 Intel Guru Mnt Goat I whole heartedly believe they did submit a candidate to the president yesterday and...They did meet their constitutional deadline. There is no constitutional requirement for them to announce globally their candidate for prime minister. This formal announcement requirement only comes once he is seated and has taken his oath. Now the president has until the end of today Friday 8/8 to send the name to parliament and they must approve (or vote in the council of representatives a confidence level of this candidate) If they get a majority of members to vote confidently on this candidate he will then take the oath and get his mandate as the third prime minister of Iraq. This most likely will not happen today since it is Friday, their holy day. I however expect by Sunday we will be hearing the news they have a new prime minister. [post 2 of 3....stay tuned]
8-8-2014 Intel Guru Mnt Goat there was a delay in announcing the candidate until Thursday which was yesterday. This delay was to allow time to go back to the supreme court for a hearing on the topic of who is the majority bloc. The courts referred back to the 2010 decision once again and said their decision back then is final and it will not waive. By applying the decision the National Alliance is the overwhelming majority boc and so has the power to form the new government and thus sub the candidate to the president to forward to the name parliament. This was a very positive sign for us yesterday. This is what we all was wanted. So it now does not matter what Maliki demands or wants. His own party now no longer supports him. [post 1 of 3....stay tuned]
8-8-2014 Newshound Guru Aggiedad77 Article: "Obama authorizes airstrikes in Iraq against Islamic State" Quite the jump from nothing can be done to militarily help Iraq, it must be done politically...honestly glad to see that we are taking action...highly suspect that we already took action before this announcement...
8-8-2014 Intel/Newshound Guru Poppy3 [will ISIS slow this whole thing down?] BEEN ASSURED BY TURKI AND FINANCE MINISTERS THE POLITICAL OR ISIS DISRUPTION WILL NOT EFFECT THE FINANCIAL REFORM PROCESS. [don't know if you heard that O gave the ok to do airstrikes?] BEEN STRIKING FOR 3 WEEKS, THAT'S DIRECT FROM IRAQ --- LIMITED STRATEGIC STRIKES BUT YES THEY HAVE KILLED MANY ISIS TROOP IN THE LAST 3 WEEKS. WHAT I WAS TOLD YESTERDAY... they have done the best job ever of painting ISIS MUCH WORSE THAN THEY ARE SO THIS CHARADE OF WAR WILL BE CLEARED UP VERY FAST. WEEKS AGO I TOLD EVERYONE INFORMATION FROM A LEADER IN IRAQ WAS TELLING ME WHAT WAS BEING REPORTED WAS ALL BULL CRAP.
8-8-2014 Newshound/Intel Guru BGG [will ISIS slow this whole thing down?] No - speed it up if anything.
8-8-2014 Intel Guru Bear5642 My sources indicate that Maliki is out and I honestly feel we need the completion of the GOI. The CBI must have a functioning government however, I have total complete peace concerning the RV. We have all been in this for a very long time and we are so close...
8-8-2014 Newshound Guru Tlar "The President of the House of Representatives Saleem al-Jubouri, on Thursday, lifting the parliamentary session of the fifth legislative term of the first parliamentary session of the third day to the next Sunday..." The coalition needs to get this issue of the biggest block resolved. The more this drags on the more dangerous Maliki will get. ...IMO it had better not drag on past Sunday as far as what or who is the largest block. It doesn't bode well for our side if it goes into next week unresolved. The coalition seems to have hit a brick wall. The coalition needs to quit trying to involve the SOL and just cut them off at the knees and have the INA declared the largest block. Delaying it only makes it worse and risks success.
8-7-2014 Intel/Newshound Guru Poppy3 I SEE NO ROADBLOCK AND ALL WE NEED IS TIME. THEY ARE PUSHING FORWARD...THEY HAVE COMPLETED MORE AND MOVED FURTHER IN THE LAST 3 WEEKS AS THEY HAVE IN THE LAST 10 MONTHS. I AM PLANNING FOR 3 MORE WEEKS BEFORE WE WILL SEE THE RV. I THINK TURKI WILL WANT A FULL GOI TO RELEASE AND MOST ALL THE PERSONNEL POLITICS COMPLETED. HE MAY NOT NEED IT ALL THIS IS MY THOUGHTS ONLY AND I WOULD LOVE TO BE WRONG AND ESPECIALLY IF WE CAN SEE PAYDAY BEFORE THE END OF AUGUST. VERY VERY VERY POSSIBLE.
8-7-2014 Intel Guru MarkZ All appears to be spectacular now. I am VERY excited about this week.
8-7-2014 Intel Guru EXOGEN MALIKI HAS OFFICIALLY RECEIVED HIS WALKING PAPERS AND IS NOW PAYING DEMONSTRATORS TO PROTEST ON HIS BEHALF.
Meeting going on now regarding Public Release(PM Announcement). EVERYONE'S WATCHING.
8-7-2014 Intel Guru TerryK Article quote: "Long-Presse / Baghdad A source parliamentary early, on Thursday, that the meeting of the President of the Republic Fuad Masum, with heads of political blocs in the House of Representatives failed to reach a solution on the issue of the largest bloc and its candidate for prime minister, noting that the meeting gave the National Alliance until 11 pm today to choose its candidate for the post of prime minister." THAT WOULD BE 4:00 PM EDT.
8-7-2014 Intel Guru TD DO NOT take seriously any "deadlines" in Iraq. "Postponement" is the norm in Iraq. Political tug of war will still take weeks if not months for a clear picture to take hold. I stand by my prediction of October/November for A functioning government to take foothold and AFTER that are laws to pass, the security situation to seriously address and much more. One last point here about rolling out the dinar internationally that people don't seem to grasp and that is: IF somehow they did it (right now), it would surely collapse under current economic and geopolitical pressures. THEY are not stupid to do that! [post 2 of 2]
8-7-2014 Intel Guru TD The "euphoria" of unity and brotherly love stemming from Ramadan has evaporated. We are back to bickering, accusations and lawsuits being filed against everyone, including many against M [Maliki] who is seeking immunity BUT will not get it, especially from the Kurds. You got to hand it to M who knows how to play HARDBALL. Masoum already learning well the meaning of "easier said than done". [post 1 of 2....stay tuned]
8-7-2014 Intel/Newshound Guru Poppy3 I TEND TO BELIEVE THEY HAVE BEEN IN THE MOST URGENT HURRY THE LAST 3 WEEKS AND HAVE ACCOMPLISHED MORE IN THESE 3 WEEKS THAN THEY HAVE IN THE LAST 10 MONTHS PUT TOGETHER. THERE IS A VERY SINCERE REASON FOR THE URGENCY. I HOPE IT IS TO GET THE CBI RELEASED TO MOVE TO A WORLD CURRENCY AND CARE FOR THEIR CITIZENS BY RELEASING THE RV AND STABILIZING THE COUNTRY. TIME WILL TELL.
8-7-2014 Newshound Guru Adam Montana [With trillions of dinar currently in circulation, how will that number impact an RV?] The current amount of dinar in circulation is a matter for the CBI, and they are VERY good at controlling their money. It is a factor, but I trust that the CBI will remove or replace whatever is necessary to make a stronger dinar possible.
8-7-2014 Newshound Guru tman23 I was told early this morning a SPECIAL SESSION is scheduled for Saturday. That scheduled session is verified and confirmed. They will officially have the candidate PM name.
8-7-2014 Newshound Guru Stryker Parliament Session started with 168 deputies in attendance, they voted on resignations of two members of the House of Representatives. They adjourned until 1:00 pm today and when they return President Massoum will announce the largest bloc. The nomination for Prime Minister has been postponed until Monday tho! Article Quote: "The Union said the national forces, said Thursday that Parliament Speaker Salim Al-jubouri would resign from the post if the Prime Minister Nouri al-Maliki to form the next Government." Speaker al-Jubouri announced that if Maliki gained a third mandate he would resign as Speaker of the House.
8-7-2014 Newshound Guru Chattels "The agreement to re-budget for 2014 to the government and demand of financial position and cash and financing imports and advances." "The MP for the mass change Secretary Baker has confirmed, yesterday, Wednesday, that the Kurdish blocs support to pass the budget requirement to be "fair" to give each component right without "prejudice", calling for the need to take into account "exceptional circumstance" that passes by the Kurdistan region..." FINALLY PEACE IN THE KINGDOM, BAGHDAD WORKED THINGS OUT WITH KURDISTAN IN THE BUDGET!!
8-7-2014 Newshound Guru Tlar Articles are suggesting that the SOL is now working with the NA and other articles suggesting the SOL is not working with the NA and standing by their man Maliki. Very confusing as their leadership appears to also now be in disarray. Lots of unofficial statements today. Choose one. If you don't like that one...wait 5 minutes maybe the next one will be better. I think the SOL is in tatters and finally the opposition to Maliki is gaining in strength.
8-7-2014 Intel Guru Jester MOST OF THE IN BETWEEN DOMINOES ARE ALL SET UP AND READY TO GO. I AM TOLD THAT THERE IS ONE DOCUMENT THAT NEEDS TO BE EXECUTED BY THE IMF AND IT HAS BEEN EXPECTED FOR A TIME NOW AND THAT COULD COME AT ANY MOMENT. BUT AS I SAID, IT HAS BEEN EXPECTED FOR A FEW DAYS ALREADY SO WE'LL SEE. TIMING IS AN ISSUE...AFTER ALL THE TIME THAT IRAQ HAS BEEN WAITING ON THE WORLD TO GET ALL OF THEIR COLLECTIVE STUFF STRAIGHTENED OUT WITH THE BANKING SYSTEM AND ALL THAT. [Are you getting any info regarding the PM of Iraq?] THAT DOMINO IS ONE OF THE IN BETWEEN DOMINOES. [post 2 of 2]
8-7-2014 Intel Guru Jester THIS THING SEEMS TO BE GOING THE RIGHT DIRECTION. I AM NOT SURE THAT IT WILL COME IN ONE FELL SWOOP LIKE SOME OF THE OTHERS. I AM PRETTY SURE I UNDERSTAND WHAT THE DOMINOES ARE AND IF I AM RIGHT THE FIRST ONE IS GETTING VERY CLOSE...BUT I DO NOT THINK THAT IS THE ONE THAT YOU ARE LOOKING FOR...NOT EXACTLY ANYWAY... BUT IT IS ONLY A STARTING POINT. THERE IS A LOT THAT WILL HAPPEN AS THE DOMINOES FALL THAT WILL LEAD TO THE END THAT YOU SEEK. BUT ONCE THE FIRST ONE GOES IT WILL NOT BE LONG... [post 1 of 2....stay tuned]
8-7-2014 Newshound Guru Millionday Article quote: "...economic expert Zuhair al-Hassani believes that the new parliament works psychology better than his former, for what promises to their quest in approving the budget, the public at the earliest opportunity possible..." THEY ARE DISCUSSING THE PREPARATIONS TO IMPLEMENT THE BUDGET PLANS AND ALSO CHANGES FOR THE BUDGETS AND HOW THEY ARE DONE IN YEARS TO COME. AL-HUSSANI IS AS EXCITED AS EVERYONE ELSE OF HOW MUCH IN A HURRY THIS PARLIAMENT IS AND HOW QUICKLY THEY'RE GETTING THINGS DONE – THEY ARE WORKING VERY HARD TO GET IT APPROVED RIGHT AWAY...
8-7-2014 Intel Guru TerryK they have to name PM, they are doing that at 8pm Iraq time [Wednesday]. The world will support anyone but Maliki. The UN and USA are ready to enforce the new PM. We should see our money this week. SO WE ARE ON PINS AND NEEDLES.
8-6-2014 Newshound Guru Adam Montana 2. Handle the situation with ISIS. The IS is an evil entity, and must be vanquished or at least mostly expelled before any further progress can be made in Iraq. It does appear that Iran is stepping in to help Iraq, but they are doing so in order to influence the political process. Either way, controlling the situation is of dire importance, and I hope to see that happening in short order. The new President of Iraq had made some pretty strong comments about "stepping down" if he was forced to pick a PM (which he should do according to the Constitution), but that talk seems to have subsided and it will be interesting to see how this week progresses politically. I will wait until Thursday to make further comments. [post 2 of 2]
8-6-2014 Newshound Guru Adam Montana ...right now it looks like the 8th is still a solid day to see some news. There are signs that Maliki is doing exactly what I thought he might have to do, which is give in to the Sunnis a bit. One example is lending support to the Peshmerga (Kurdish soldiers) in resisting ISIS. Speaking of ISIS, they are still a problem and in my opinion we have two things that need to be taken care of before we will see Iraq move to the HCL (necessary to support an RV)" 1. They need to seat an official PM, be it Maliki or Ronald McDonald. It doesn't matter who, just put someone there officially and move on. [post 1 of 2....stay tuned]
8-6-2014 Newshound Guru Bondlady Coordination between the center and the region contributes to the cleansing and Sinjar years and Rabia …they now know it took team work or is taking team work. I think they finally getting it…Pershmerga [Kurds] and the Iraqi army are now working as a team, they have done a lot of good too and it will go along way as well in restoring peace and passing laws…in a move that is more important towards the liberalization of the connector of the factions "Daash"
8-6-2014 Intel Guru Poppy3 …HOWEVER THEN TURKI COMES INTO PLAY AND WE WILL HAVE TO WATCH HIS ACTIONS AND DISCERN HOW MUCH MORE HE WANTS COMPLETED BEFORE HE WILL RELEASE THE RV ??? WILL HE WAIT TILL THE COMPLETE GOI IS SEATED OR IS A NEW PRIME MINISTER ALL HE NEEDS TO TURN IT LOOSE. WE CAN ONLY PRAY THAT ALL THE URGENCY HAS BEEN BECAUSE THEY WANT TO HAVE THE RV'ED MONEY AND IF SO THEN WE SHOULD BE IN AWESOME POSITION WITHIN THE NEXT FEW DAYS. POPPY3 [Post 2 of 2]
8-6-2014 Newshound Guru Millionday THEY CERTAINLY HAVE SHOWN NOTHING BUT URGENCY IN THE PAST WEEKS -- IT IS AMAZING HOW FAST SO MANY THINGS ARE IN PLACE THAT TOOK MONTHS BEFORE...IT IS VERY OBVIOUS TO MANY OF US THAT HAVE BEEN HERE THROUGH THE WHOLE RIDE HOW FAST THEY ARE WORKING AND IT IS FOR SOME REASON BELIEVE THAT...
8-6-2014 Intel Guru Poppy3 WELL!!! I REPEAT WHAT I SAID DAY BEFORE YESTERDAY WE STILL HAVE 2 TO THREE WEEKS TO WAIT BEFORE THE POSSIBILITIES OF THE RV WILL BE AT THE ANY MINUTE NOW TIMING IF THEY KEEP MAKING THIS KIND OF PROGRESS. THEY FINALLY GET THE SINGLE NOMINEE THEN HE [ or She! ;) ] HAS TO BE VOTED IN THEN HE HAS 30 DAYS TO SEAT HIS CABINET. HE WILL CHOOSE AND SEAT A NEW IRAQ GOI THAT WILL HAVE SHARED POSITIONS FROM ALL PARTIES OR BLOC'S . I TRULY SUSPECT THEY ALREADY KNOW WHOM HE WILL BE BUT STILL HAVE TO FOLLOW THE CONSTITUTION. FROM THE TIME THE PM IS SEATED OUR PROSPECT OF A RV INCREASES AT LEAST 50%... [Post 1 of 2]
8-6-2014 Newshound Guru Aggiedad77 …Wow…then Maliki turns around and says sure I will step down...but it will cost you...and he rolls out 28....yep 28 "conditions" that he wants met before he steps down....probably the foremost of them is freedom from prosecution…We sit patiently and watch as things unfold, and play out for the Iraqis and the world around them. Yes I encourage each of you to...keep an eye on Maliki and how things continue to unfold....or perhaps unravel.....depending on one's point of view. [Post 2 of 2]
8-6-2014 Newshound Guru BondLady …I'd like to think they did this survey to see what the world could offer them per knowledge and I also think Iraq is a lil scared to go big as far as monetary wise and they want to be assured they doing the right thing to possibly do a rate change or increase Iraq's worth...it all plays a part imo investments and economical developments and about combating corruption and they have come a long way in it all…just give us all new GOI ministers and dump all the ones who did nothing or brought terrorist in to cause problems in the gov or the one's that tribal fought to keep Iraq shackled to being poor… they have a real shot now for freedom and democracy without all the hate
8-6-2014 Newshound Guru Aggiedad77 …the news this morning it is almost all exclusively about "M".....is he in....is he out.....will he be prosecuted.....or allowed to seek asylum in some far away place like London....or elsewhere...A disturbing point though.....Maliki making a threat that "the gates of hell would open" if anyone tries to form what he says or calls an unconstitutional government...... [Post 1 of 2 check back for the rest of the story]
8-6-2014 Intel Guru Mnt Goat On the other hand, if things continue to linger on past this week we will be in a totally different situation since the militants are advancing and becoming increasingly more dire...There is really only one person to blame for all this mess and for the delay in seating this new government. It is the OUTGOING prime minister Nori Al-Maliki. The next prime minister replacing him will get all the glory and fan fair of finally bringing their currency online again with a full valued international rate. This I am certain.
8-6-2014 Intel Guru Mnt Goat Another parliament meeting is called for 8/7 Thursday, the day before the formal constitutional deadline for naming the PM expires on Friday 8/6. Can they extend it? yes they can...I am hearing there is a one week extension under discussion but nothing final. If all goes well and the announcements are made and the seating of the new Prime minister happens tomorrow 8/7 we will be in an excellent window to see the RV early next week. They may use this weekend to send all the updated rates and files downstream and do the final preparations. We could be at the banks next week. Note – I did not say we would have the RV. No one knows for sure the date. I am saying our best window of opportunity. [post 1 of 2....stay tuned]
8-6-2014 Newshound Guru wmawhite There will be only 1 nomination and that will go to the floor of Parliament and will have come from the largest bloc and that 1 will be voted on. He then has 30 days to form his government. The Jaafari nomination was a surprise but considering he is the head of the NA and without him it would have been a slam dunk for Maliki. I am impressed that they are plowing ahead and they want to get this done.
8-6-2014 Newshound/Intel Guru BGG They are fairly close to naming a PM in Iraq. Sometime in the next couple of days we will see that. Maliki in as the PM for a 3rd term is a rumor and far from true for many reasons, one is it is not constitutional. Another rumor is that Jaafari is nominated as the NA candidate for PM...that one may be true. The 8th is Friday & if they are going to stick to any kind of constitutional framework on their deadline they have to have their PM named this week & I think they will probably get it done. They are on the doorstep of having a new PM and they should have a vote before Sunday.
8-6-2014 Newshound Guru Millionday [I thought they were going to approve the hcl and budget this week too?] THEY ARE STILL WORKING ON IT -- THEY ARE WORKING TO PREPARE FOR THE WORLD TO COME INTO TRADE AND THURSDAY WILL BE THE NEXT DAY FOR THE BUDGET AND ALSO THE NAMING OF THE GOV.
8-6-2014 Intel/Newshound Guru Poppy3 SOMETHING TO LISTEN FOR FROM HERE FORWARD THIS WEEK: DID THEY VOTE OR DISCUSS THE BUDGET, HCL AND TARIFF LAWS TODAY? WHEN ARE THEY SCHEDULED? THESE ARE HOT ITEMS AND THEY KNOW THEY ARE NEEDED ASAP AND HAVE PUT URGENCY ON THEM. THEY CAN'T BE FUNDED AND IMPLEMENTED UNTIL THEY GET THE RV BUT THEY CAN PASS THEM AND HOLD THEIR IMPLEMENTATION.
8-5-2014 Intel/Newshound Guru Poppy3 TURKI AND THE BANK ARTICLES ALL SOUND LIKE HE IS MAKING PROVISIONS FOR THE RV AND GOING INTERNATIONAL AFTER COMPLETING THE ENROLLMENT TO FULL MEMBERSHIP TO THE WTO. WITH THE REPORTS AS THEY HAVE BEEN THIS WEEK...WE HAVE TO BE WITHIN ANYTIME IN THE NEXT COUPLE WEEKS. I THINK THE FULL MEMBERSHIP FROM WHERE THEY STATED TWO WEEKS AGO SAID MINIMUM 6 WEEKS FROM THE WTO ISSUING. THE MYSTERY IS WE DON'T KNOW HOW MUCH THAT THE CBI HAS FINISHED AT THIS TIME. WE WILL HAVE TO WAIT FOR FURTHER REPORT AND UPDATES. MY BEST GUESS AT THIS TIME IS WE HAVE TWO TO AT LEAST 3 WEEKS LEFT TO WAIT BEFORE ALL IS COMPLETED AND ALL THE BUDGET, HCL, PM AND TIME PERIOD FOR WTO FOR FULL MEMBERSHIP ARE COMPLETED. HOWEVER I THINK ANYTHING GOES WHEN THE NEW PM IS VOTED ON AND PUT IN PLACE.
8-5-2014 Intel Guru EXOGEN Finish line ahead - Hang in there! The Good Guys - Mission Accomplished!
8-5-2014 Intel Guru SteveI Article quote: "the National Alliance, Ibrahim al-Jaafari was nominated to fill the..." [is this good news?] Yes it is...This is awesome. One of the main reasons this is huge, Iraq would not pass the budget or open it as long as Maliki held the title of Prime Minister. If that happened, he could get his hands on the money and a disaster would have been in the making. Perfect timing and very well planned out. Now the new PM can oversee the process and make sure the allocation of funds are distributed properly. Smile everyone, because if you are not smiling yet, you will be very shortly. Before it was History in the Making, but now it is History has been Made!!
8-5-2014 Intel Guru TNT Tony Meetings went exceptionally well. Bright future ahead. Still looking for this week.
8-5-2014 Intel/Newshound Guru Poppy3 [Jaafar al-Sadr is asking them to do this within the constitutional limits, thats interesting.] THEY HAVE TO FRIDAY TO STAY WITHIN CONSTITUTIONAL LIMITS SO THEY SHOULD ANNOUNCE ON THURSDAY OR FRIDAY AT THE LATEST.
8-5-2014 Newshound Guru wmawhite Article: "...the National Alliance, Ibrahim al-Jaafari was nominated to fill the post of prime minister..." [you think it is true?] yes. [What about jaafari is he good for PM?] he has a super large ego...he will not be pushed around...but, he is also inclusive. the PoR will receive only one nominee from the largest bloc to be voted on by parliament. ...if in fact the NA is putting him up as their nominee they already know the Sunnis and Kurds are good with it. I believe the nominee will be voted on first by parliament...and each of the minister positions, IMO.
8-5-2014 Newshound Guru Tlar ...an agreement was just reached between the SOL and the coalition. Maliki will leave Iraq and each block within the NA (National Alliance) will recommend a candidate for PM and then the NA will vote on all and the winner will be the one who gets the most votes. This seemingly puts the control firmly in the hands of the coalition as I am sure that they will block vote for Mahdi. There was no nominee brought forth today for the PM position from either the SOL or the NA opposition. Parliament held a meeting but the announcement of the PM position has been postponed until Thursday's meeting at which time the NA will bring forth one nominee (not Maliki). If Maliki leaves Iraq as he has said he will do then at this meeting the Shia party will announce their nominee and Iraq will have peacefully had a transfer of power to the new non-sectarian government. This coming weekend is still looking good for our investment to finally come to a fruition.
8-5-2014 Newshound Guru Aggiedad77 Article: "Reform Movement: National Alliance will surprise people to choose their candidate during the next two days" NEXT TWO DAYS...the National Alliance is saying they will surprise people within the next TWO DAYS with a choice of their candidate for PM...I'll be the most surprised at all I would think...committing to a hard line date...two days...is this something they are capable of doing...well mark your calendars for Thursday and watch what happens.
8-5-2014 Intel/Newshound Guru Poppy3 THE FINANCE FRONT...IS SET, READY TO GO ONCE PARLIAMENT GETS THEIR ACT TOGETHER. TIME WILL TELL THEIR PROGRESS BUT REMEMBER AS I HAVE SAID ANY INK BEFORE 7 OR 8 PM FROM IRAQ IS NOT DEPENDABLE THE FACTUAL REPORTS NEVER SHOW BEFORE AROUND 7PM . ...ALL IS WELL AT THIS POINT.
8-5-2014 Newshound Guru Chattels [do you think they could still pass budget and hcl today?] i never thought that they could or would pass anything today. maybe there could have been a reading and some amendment progress, but no vote, IMO. What we are asking is impossible and what we are expecting is unreasonable. We will not know the date and rate in advance with any actionable certainty. Period. I look for news in the hope of some assurance of progress toward our liquidity event. There is no guarantee of anything in any of this. I am still hopeful. There is progress and all is not grim. We just cannot expect any exactness with any of the timing upon our event. [post 2 of 2]
8-5-2014 Newshound Guru Chattels Article quote: "The Legal Expert, Tariq Harb, announced that the time limit specified for tasking the next Prime Minister to nominate the next government will finish on next Sunday the 10th of August and not Friday which is the 8th of August." the constitutional timeline was enlarged the additional days due to the Eid Al Fitr holiday according to Harb. [do you feel they will still get the PM placed before the 12th?] i cannot say that i have expected a PM by consensus at this point. we may be a month or better away from such and all could still be "constitutional", assuming there is a nominee. that nominee may not be able to seat a government. [post 1 of 2....stay tuned]
8-5-2014 Newshound Guru Stryker "Breaking News - Eid al-Fitr holiday dates will not calculated as part of the 15 days constitutionally from the date the President was officially elected according to this source." Parliament Update: Between the dates of Eid al-Fitr being used to extend the 15 day constitutional PM mandate, and then Maliki's corrupt judge al-Mahmoud stating that they need two more days to announce both the largest bloc and Prime Minister it doesn't surprise me that they adjourned parliament until Thursday, August 7th. Good news is they can't delay it anymore then this because it is now noted in the Parliament Docite...we are that much closer to the end.
8-5-2014 Newshound Guru Tlar Quote: "The National Alliance will not submit its candidate today and it did not discuss the replacements for Maliki in its meetings" I am beginning to believe that if the parliament can't break this deadlock, the coalition will have to take this to the courts. I am not familiar enough with parliamentary law as to whether if this drags out until the point they are in violation of the constitution, that the President can then pick a nominee of his choice.
8-5-2014 Newshound Guru Chattels Article quote: "The House of Representatives held its meeting today under the chairmanship of Salim al-Jubouri with the presence of 245 deputies. It was scheduled to determine the biggest parliamentary bloc to nominate its candidate for the PM post of the next government." [so the meeting got postponed til thursday?] not certain that Parliament adjourned, but PM designation is off until at least Thursday...now confirmed.
8-5-2014 Newshound Guru Millionday TURKI HAS STATED THAT HE WILL FUND THE BANKS WITH INTERNATIONAL INVESTMENT MONIES AND MOVE FORWARD WITH THE ECONOMIC DEVELOPMENT WITHOUT THE BUDGET SO WE WILL HAVE TO WATCH.
8-4-2014 Newshound Guru Millionday THEY HAVE LAUNCHED THE INDUSTRY SECTOR FOR THE NATION AND ALSO HAVE ENSURED THAT AFTER THE FEAST IRAQ WILL HAVE 24 HOURS OF ELECTRICITY IN ORDER TO DO THEIR WORK. THEY HAVE ALSO DECLARED THAT THE PRIVATE BANKS AND ALL THAT HAVE TO BE ARE INTERNATIONALLY COMPLIANT AND ALSO REMEMBER THAT CBI ANNOUNCED THAT THEY WILL ON TIME MOVE FORWARD WITH THE ECONOMIC REFORM AND MONETARY POLICY AND BANKING REFORM WITHOUT THE BUDGET OR ANY OTHER ROAD BLOCK... NO ONE KNOWS THE DATE OR RATE AT THIS POINT...IT HAS NOT BEEN RELEASED. ITS ALWAYS NICE TO END THE NIGHT WITH A SMILE IF YOU DONT HAVE ONE ALREADY THOUGH... [post 3 of 3]
8-4-2014 Newshound Guru Millionday MALIKI HAS SAID HE WILL STEP DOWN WITH 3 THINGS MET THAT HE HAS GIVEN -- AND OF COURSE THAT IS RIDICULOUS -- ALSO THEY HAD A MEETING TODAY WITH THE US ABOUT THE ADVANCEMENT WITH THE STRATEGIC FRAMEWORK AGREEMENT AND ALSO THE SECURITY THAT HAS BEEN APPLIED TO THE BORDERS. ALSO THE DEVELOPMENT BANK IS DONE FOR AN ANSWER PLACE FOR THE BANKING REFORM AND THEY HAVE ALSO FORMED THE ADMINISTRATIVE ASSOCIATION OF BANKS TO ENSURE THAT THE MONETARY REFORM AND ECONOMIC DEVELOPMENT GOES AS IT SHOULD AND THERE ARE NO MONEY LAUNDERING ISSUES AS WELL AS FRAUD ATTEMPTS. [post 2 of 3....stay tuned]
8-4-2014 Newshound Guru Millionday SO THIS IS WHERE WE ARE: THE PRESIDENT IS IN PLACE -- THE DEVELOPMENT BANK IS IN PLACE -- THE AMNESTY WAS PUT INTO PLACE BEFORE THE FEAST AND ALSO THE FORMAL ANNOUNCEMENT OF WHO THE LARGEST BLOCK WAS DONE A DAY EARLY (TODAY) AND IT IS THE NATIONAL ALLIANCE. ALSO...TOMORROW THEY HAVE ANNOUNCED EARLIER THAT THEY ARE GOING TO VOTE ON THE HCL AND ALSO THE BUDGET AS IT IS AND THEN SEND IT TO PARLIAMENT AND THE COMMITTEE TO GO THROUGH IT AND JUST DO AMENDMENTS...ALSO, THE CONSTITUTION HAS GIVEN THEM UNTIL ONE WEEK FROM TOMORROW TO HAVE THE NEW GOV FORMED -- WHICH THE NATIONAL ALLIANCE HAS STATED THEY WILL HAVE DONE. [post 1 of 3....stay tuned]
8-4-2014 Intel/Newshound Guru Poppy3 THEY NEED THIS RV BAD AT THIS POINT. I TRULY THINK WE CAN EXPECT TO SEE PAYDAY VERY SOON. WE STILL HAVE TO WAIT AND CONFIRM HOW AND WHEN THEY TAKE THE VOTE AND DO THE APPOINTMENTS INTO THE GOI POSITIONS. IT APPEARS FROM THE NEWS ON THE BANKING SIDE THEY HAVE AGREEMENTS WITH THE IMF AND WORLD BANK AND HAVE COMPLETED THE NEEDED CHANGES TO RELEASE THE RV.
8-4-2014 Newshound Guru Millionday MALIKI`S PARTY IS NOT THE LARGEST GROUP IN PARLIAMENT -- IT IS STATED FORMALLY TODAY. SO NOW THE NEW PM WILL BE CHOSEN FROM THE NATIONAL ALLIANCE. THEY WERE [TO] MAKE THE FORMAL ANNOUNCEMENT TOMORROW BUT THEY MADE IT EARLY -- THEY MADE THE ANNOUNCEMENT TODAY.
8-4-2014 Newshound Guru Tlar I am sure of one thing only. Maliki will not be the nominee.
8-4-2014 Intel Guru DC [via Adept1] In Iraq they have a PM selected and it’s all done. They are waiting on announcements, had celebrations scheduled. They are ready to go. IMF and everyone else has accepted it. As has happened before many times, as they were getting close to going through this weekend, the rollercoaster started up again. Most people are now in agreement again, and we expect things to mover very quickly. Everyone is ready in Iraq. In the USA, everyone is dusting things off after this weekend and now seeing how to get things done. It’s been quite a rollercoaster, but things are looking good again and we are expecting good results. [The Budget that they are supposed to past in the next meeting on the 12th, does that require the RV or not?] We understand that the RV is already in the budget, and it’s on the agenda for tomorrow.
8-4-2014 Newshound Guru Millionday Report quote: "...the entry requirements of market economy system should be deliberate and not random as it is the case now, stressing that the cooperation of the ministries and government departments..." THEY ARE DISCUSSING THE IMPORTS THAT ARE COMING WHICH IS OPENING UP TO THE GLOBE --- A MARKET ECONOMY AND ECONOMIC DEVELOPMENT. THE PRICE OF THE CURRENCY WILL HAVE TO BE FAIRLY PRICED IN ORDER FOR IRAQ TO MAKE IT ECONOMICALLY AND ALSO FOR THE IMPORTS TO BE VALUED CORRECTLY. FAIR TRADE ACCORDING TO THIS IS ON THE WAY AND IS PART OF THIS PHASE -- THE ECONOMIC DEVELOPMENT INCLUDES THE BANKING REFORM AND THE MONETARY POLICY.
8-4-2014 Intel Guru TNT Tony [via Adept1] At this moment, things are on track and we’re looking for good things. We were off track because of things in Iraq, and we are back on track again. ...we said there was a new PM...but we haven’t seen who this is yet. ...people are hearing that Maliki is still on the scene and part of the issue. We know he is still trying, but we also know that he was asked to leave the building today. You don’t just ask a supposedly influential person to leave unless their time is over. We had a rollercoaster ride this weekend, but as of this morning we are in a good place. There have been meetings today where they are going over the timing. We didn’t expect to be here this morning, that’s for sure.
8-4-2014 Intel Guru SteveI I can assure you that the future of Iraq does not include Maliki. I was told, one the new parliament elected their new president and two deputies, one of the deputies appointed was from Maliki's bloc which was a strategic plan to seal any chance of Maliki becoming the next PM for yet another term. Their is just no way to have a Prime Minister and vice deputy from the same bloc. This is pretty much a done deal...I also recall that this was declared by the new parliament president... There will be only one and only one candidate for this position and it will not be Maliki under any condition!
8-4-2014 Newshound Guru Stryker ...in the news today...Parliament Speaker Salim has demanded Iraqi President Fuad Masum to announce the National Alliance as the biggest bloc in tomorrows session, he's ask him to submit its candidate for Prime Minister and for them to form a government. ...another article...states that according to a member of the Citizens Coalition the National Alliance will present their candidate during the Parliament session tomorrow as well. yet another...the Parliament Speaker saying that he will not postpone tomorrows session no matter what and the National Alliance will be named the largest of the parliamentary blocs on Tuesday. Then the National Alliance will nominate its candidate for Prime Minister. So as you can see, I feel this could be a very important time for us...
8-4-2014 Intel Guru Okie_Oil_Man FROM INFORMATION GLEANED OVER THE WEEKEND THIS APPEARS TO BE OUR LAST WEEK ACCORDING TO REPORTS. THE ACCOMPLISHMENTS MADE AND THE "GLITCHES" OVERCAME HAS BEEN TREMENDOUS. LETS KEEP THE PRAYERS GOING UP FOR THE INEVITABLE AND I AM LOOKING FORWARD WITH GREAT ATTENTION TO THIS WEEK AS HOLDING GREAT OPPORTUNITIES FOR US ALL.
8-4-2014 Intel/Newshound Guru tman23 Maliki wants amnesty for his whole family and his Chief of Staff. Amnensty was given to Maliki 2 weeks ago but his family and associates are soiling their sheets with fear of being left open to prosecution. Second, Maliki would like to keep his government mansion, private intelligence force and private security forces. Maliki wants to keep all government offices where members of his party reside and he wants Masum (POR) to appoint him the VP or another position...plus members of his party get appointed positions. In other words, Maliki will give up the PM name only as long as they all get amnesty and get to keep what they have...along with their political positions.
What a guy!!
8-4-2014 Newshound Guru Millionday Report quote: "the importance of maintaining the constitutional timings for the selection of a candidate, Prime Minister and the formation of the next government." SO ONCE AGAIN OF THE IMPORTANCE OF HAVING THE NEW GOV IN PLACE BY NEXT TUESDAY DONE...ALONG WITH THE BUDGET BEING VOTED ON IF ALL THEY HAVE ANNOUNCED IS FOLLOWED AS ANNOUNCED. THE PARLIAMENT MEETINGS IN THE NEXT WEEK SHOULD BE FANTASTIC. [post 2 of 2]
8-4-2014 Newshound Guru Millionday Report quote: "the situation with the province in regards to the budget in 2014 has become more complex," but that the House will try to vote on the Commission to resolve this bill in its session on Tuesday..." THEY ARE NOT STATING THAT THEY ARE READING IT SO...THE BUDGET WILL BE VOTED ON AND NOT READ THROUGH TWICE BEFORE THE VOTE. SO WE MAY HAVE A BUDGET ON TUESDAY. [post 1 of 2....stay tuned]
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8-3-2014 Newshound Guru tlm724 Article: "A new work program for the banking sector to adopt international standards" it's great to see the monetary policy being addressed because it's not just the CBI acting alone, it's a combination of the whole banking industry and it appears there is a plan...Wink.
8-3-2014 Intel Guru Mnt Goat The new president Masoum must submit a candidate to the parliament on Monday 8/4 and announce his name to the world. The next session of parliament will conduct a vote on Tuesday 8/5 and seat the new prime minister and the other positions. Nori Al-Maliki will not be the candidate put forward for prime minister. I am hopeful and now hearing they will not drag this on and the president will announce the final candidate tomorrow, Monday 8/4, and will formally submit the names of the prime minister, deputy prime minister and vice president to the parliament on time and in preparation for a vote in Tuesday’s 8/5 session.
8-3-2014 Newshound Guru wmawhite In 2003 the initial printing was 70 trillion. However, as the cbi has spoken about for years that they have been pulling in the dinar and destroying it. Today, there is less than 4 trillion IQD out...what I spoke about is documented...from the CBI...what the US has or doesn't havt has never been documented...something else, if there is all of this IQD everywhere then why is there no currency in the banks of Iraq. It has dried up and why? Because the CBI does not want to put it back out after pulling it in and why? Because the new notes are coming that require and change in the value of them.
8-3-2014 Newshound Guru Millionday CBI HAS MADE A PRESS STATEMENT THAT THEY ARE MOVING FORWARD WITH THEIR REFORMS AND HAS ALSO REPORTED WHERE THEY ARE WITH THEIR BANKING REFORMS AND HAVE GOTTEN APPROVAL FOR THE MONETARY POLICY FROM WORLD BANK AND THE IMF -- SO IT SEEMS THEY ARE WORKING...
8-3-2014 Intel/Newshound Guru tman23 the Alliance said they will announce their candidate on Monday...Tuesday he will be officially announced in Parliament, there could be 3 or 4 candidates and by next Tuesday voted down to 1...they are talking of introducing the Budget on Tuesday also...That said, so far the Alliance has been very calculated regarding it's moves...whoever they nominate I believe we can be absolute that they have the votes to see it through.
8-3-2014 Newshound Guru Tlar The process of building a new nonsectarian government will be finished because Mahdi will quickly submit his list of ministers that have been pre-negotiated and pre-agreed upon. There should not be much screaming from the SOL (State of Law) the minute the nominee is announced because IMO, the heads of the SOL and Maliki will already be on an airplane to parts unknown having unsuccessfully not received the "real" deal they have been seeking from almost the beginning of this, which is immunity. [post 2 of 2]
8-3-2014 Newshound Guru Tlar The SOL (State of Law) continues to say they are the largest block. They don't want to challenge this in court because if they are ruled not the largest block then they will have lost. This is their last hurrah, their last stall to get immunity. Their last argument. So between now and Tuesday expect to see this argument get bounced around in the news not the courts. Tuesday the NA will present its candidate. He will come from the Coalition, most likely Mahdi. [post 1 of 2....stay tuned]
8-3-2014 Newshound Guru Millionday WE HAVE THE BUDGET TO BE ADDRESSED ON TUESDAY ...AND THE COMPLIANCE PROMISED BY THE NATIONAL ALLIANCE TO HAVE A GOV FORMED BY ONE WEEK LATER -- THE NEXT TUESDAY. SO THERE WE HAVE IT -- THEY HAVE A WEEK LEFT ON TUESDAY. I HAVE SOME INK ON MALIKI AND I DO NOT BELIEVE THEY ARE MOVING FORWARD WITH MALIKI AS A NEW GOV OFFICIAL... [If the NA fails to nominate a candidate what are the ramifications?] THEY WILL BE GOING AGAINST THE CONSTITUTION AND WILL FACE THAT IN FEDERAL COURT I WOULD SAY AND THEN IT IS SUPPOSED TO BE THE CHOICE OF THE PRESIDENT. BUT HE HAS STATED HE WILL NOT PLACE THE PM -- WE WILL HAVE TO WATCH – THEY ARE VERY CLEAR THEY WILL BE DONE SO I HOPE SO AND WE WILL NOT HAVE TO FIND OUT.
8-3-2014 Intel Guru TD What about the CBI? My guy indicates having some conversations with some CBI staff members recently and they are just basically sitting on their hands waiting for a functioning government to take hold. SO, as of now, currency reform, it is just sitting idle and depending on WHO gets into power, fresh ideas and policies might emerge for numerous programs to be revised and enacted upon. It just depends on who gets in. In tandem with the ruling power is how the CBI makes it's moves. ...regarding the estimated 30-60 Trillion (some even estimate more) and the reality of exchanging that many notes. Again my friend indicates that "everyone here (Iraq) knows that not all notes worldwide CAN or WILL be exchanged". [post 2 of 2]
8-3-2014 Intel Guru TD ...my prediction (as discussed with my sandbox friend) is October -November for a formed government to begin operating. Then from there (as Massoum clearly spelled out) are the adoption of laws, dealing with the security situation and resolving the numerous other agenda items. SO much work to be done AFTER the government is named. So what's the deal with Maliki? In or out? His hope is to have enough power to call some shots from the sidelines. My contact indicates to me that Hussein al-Shahristani will emerge as the named PM. Of course, treat as rumor... [post 1 of 2....stay tuned]
8-2-2014 Intel Guru TerryK I GUESS WE ARE WAITING FOR TUESDAY AGAIN WHEN THE DOGS ARE BACK IN SESSION AND ARE TO PASS ALL THE REST OF THE REQUIRED DOCUMENTS TO TURN ON THIS RV.
8-2-2014 Intel Guru SteveI They are flat out of money to operate until the budget and HCL are passed and opened. This is getting very exciting to watch. This cannot and will not continue. All information we have is absolutely excellent. [can you tell us what you think/believe will happen in the immediate aftermath with our investment when parliament passes the budget? Will a new rate be released simultaneously? Will there be a waiting period i.e, budget appearing in the law library then rate release?] Personally from what we are reading and being told, it will be pretty much immediately. The CBI will just do their thing and you will not know in advance what it is or when, so you will just have to watch for it.
8-2-2014 Newshound Guru Aggiedad77 Article: "Citizen: the National Alliance will choose its candidate for prime minister before the hearing next Tuesday" So the National Alliance is saying they will have a meeting before the next session of Parliament, next Tuesday, to decide who their nominee will be for Prime Minister...they have several qualified candidates to choose from...will it be M...or perhaps a new M that we have not heard much from in the past.
8-2-2014 Intel/Newshound Guru Poppy3 [let's hope Iraq has a backup plan for their MR [Monetary Reform] if the seating of the GOI doesn't go we'll.] IT ALL APPEARS AT THIS POINT LIKE IT WILL GO WELL. THE POWER PEEP ARE TALKING GOOD THINGS FOR IRAQ AND THEIR GOI. I THINK ALL WILL BE WELL WITHIN DAYS WE WILL KNOW.
8-2-2014 Newshound Guru Chattels [ya think they might get this thing done this week?] hoping and thinking are not the same as you well know...i will be surprised myself. i question whether Maliki will give up and i wonder about the resolve of the Shiites. the nomination and voting procedures are very unclear to me...i know what their constitution says but there are errors and conflicts and lacunae throughout the Iraqi constitution. Sadly though the settling of the government does not assure us of our liquidity event.
8-2-2014 Intel/Newshound Guru tman23 Between Sunday and Tuesday morning is looking RED HOT...
8-2-2014 Intel/Newshound Guru Poppy3 DATES TO WATCH FROM HERE FORWARD--- BEGINNING THE 5TH OF AUGUST WHEN PARLIAMENT RECONVENES TO PASS BUDGET, HCL, NAME PM AND DEPUTY...
8-2-2014 Newshound/Intel Guru BGG Article quote: "After the Eid holiday, parliament will start its performance so we hope to endorse the Budget Law and the Federal Court Law." Well - I did say the next 72 hours would be exciting - and it sure has started out with a BANG - those are two VERY BIG laws.
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8-1-2014 Intel Guru TerryK I'M BEING TOLD AND BY SOME GREAT SOURCES WE ARE IN THE WINDOW. I KNOW WE ARE RIGHT ON TOP OF THIS.
8-1-2014 Newshound Guru Millionday "Safi said he 'remained one week of the constitutional deadline mandated by President candidate biggest bloc to form the next government..." so there is one more week as of yesterday constitutionally to form new gov. my opinion is that they have the right president...if he is not going to use his powers to place who he wants without the go ahead from all parties that speaks highly of his character -- he has the right but wants all to agree...he states that if he is backed into a corner without the pm being placed by all he will not remain in his position – i dont believe he would leave such an honor as it is but --- to say that and demand the work to be done is a huge change from where they were with the past gov...i would not be shocked if they follow the constitutional deadline as we have seen that as a pattern lately.
8-1-2014 Newshound/Intel Guru BGG Article quotes: “…Rudaw has learned that Iraq’s acting Prime Minister Nouri al-Maliki has urged Massoum to nominate him “since he represents the largest coalition in the parliament.” "The president has reportedly declined Maliki’s appeal and said he would not use his presidential powers to nominate anyone “without the clear support of all Iraqi factions…” Maliki is essentially asking Fuad Massoum (POR) to bypass the first (and preferable) constitutional method and go directly to the “appoint me” method…Massoum is basically saying – he would resign before having to do so.
8-1-2014 Intel Guru TNT Tony [via Duke] You should be excited but we can't give you details that would support, specifically what happened last night or the day before it. [Has a contract rate been set for the other currencies?] Those are the only 2 I know about that have contract rates. ...as an individual, when you go to the bank you'll be offered 3 rates: a market rate, a China rate, and an international rate. You just have to be there when they are available. We didn't think we'd be here this weekend. We didn't think we'd be here last night. We know just how close things are to being live.
8-1-2014 Intel Guru DC [via Duke] Bottom line, things are so freakin' close and nobody knows why we're not sitting in the money right now. Iraq is done with their holidays and festivals. Everybody has been voted on but they haven't revealed it. In Iraq a lot of stability has been brought to the situation with ISIS and other nefarious guys. Celebrations are planned for tomorrow and everybody is quite happy with themselves in Iraq. In the USA, the Administration is ready. Banks are cued up on high alert. There's really not much left to do. We're just sitting here. [Several gurus are saying it won't happen until 8/8.] I find it very difficult to understand how it could last that long. Everything looks phenomenally good. I honest-to-God don't know why it hasn't happened but we are right there.
8-1-2014 Newshound Guru Kaperoni "Working Party on the Accession of Iraq - Membership and Terms of Reference - Revision" Ok, I don't know what this document is. But I assure you, Iraq is not ready nor have they received accession into the WTO... they don't have the laws to support global trade nor a convertible currency. Accession will come later. I believe their are like 8 steps to accession. What this WTO post appears to be is graduation to step 8. Which is not accession, but the final faze...which still contains all the conditions set forth before. This basically puts it all on Iraq. The WTO has said, as soon as you do what is required you can have full accession because you have met the previous seven stages. Remember the list is at least...tariffs, laws, currency convertibility, less dependency on oil, etc. So Iraq has work to do, but this is an incentive for them for sure. IMO, Iraq is still a year or two out before they will fully join the WTO.
8-1-2014 Newshound Guru Shredd Quote: "IRAQ is a member of the WTO----Working Party on the Accession of Iraq to the WTO" The title of this post is false. Iraq is not a member yet. This is just a posting of a note on the file. There was a similar note posted back in December of 2009...people saying Iraq is a member of the wto, wrong.
8-1-2014 Newshound Guru tlm724 Quote: "IRAQ is a member of the WTO----Working Party on the Accession of Iraq to the WTO" NOT! There is much fanfare prior to ANY country reaching full membership status in the WTO. It actually takes several months from submission of the final report by the working party. IMO we will know when Iraq is close and it's not today.
8-1-2014 Newshound Guru Aggiedad77 I believe strongly that the events from Iraq could be most interesting to watch unfold for this weekend...maybe a little slow and dry at the beginning...but starting tomorrow...it could be an interesting love/hate story in the works.
8-1-2014 Intel Guru Mnt Goat This is a time of great anticipation and expectation for our exchange. There will be an RV and it will occur very soon. I have always believed that the RV needed a weekend to sync up with the banks and allow down time to push out all the needed files downstream and necessary rates to the monetary exchanges and trading platforms. I do believe whole heartedly there is an extremely high probability this may occur in the coming weekend of 8/8 – 8/10. [post 2 of 2]
8-1-2014 Intel Guru Mnt Goat I was told today that the new Iraq president now has the 2014 budget and has ratified it. It will be announced in the gazette publicly next week, however they plan to open it and begin spending it only once the new government is completed. I have also learned that the Council of Ministers is all hand picked and all they need is a final vote in parliament for the new prime minister to head the council. This final vote should happen anywhere between now and/or on Aug 5th. One other new tidbit this week also occurred...I learned that on Tuesday July 29th Iraq is officially is now a full member to the World Trade Organization (WTO). Can’t be a member of the WTO without an international tradable currency (one that reflects the true asset backed value of the country). [post 1 of 2....stay tuned]
8-1-2014 Intel Guru EXOGEN IRAQ HAS CLOSE TO 6 DAYS LEFT NOW TO ANNOUNCE & NAME THE NEW PRIME MINISTER BASED ON THE AUGUST 8, 2014 (IRAQ CONSTITUTIONAL DEADLINE). WE ARE NOW IN "THE WINDOW OF ALL WINDOWS". THE WTO IS COMPLETED. THE PM HAS BEEN COMPLETED AND ANNOUNCEMENTS ALREADY RECORDED. The new President and House Speaker are following the Constitution.
8-1-2014 Intel/Newshound Guru Poppy3 WOW, MALIKI IS OUT AND NEW CANDIDATES ARE NAMED AND TURKI MAY BE PREPARING TO GO GLOBAL IN THE WTO. THERE IS A LOT HAPPENING AND SEEMS THE RUSH TO FINISH AND START FINANCIAL REFORM IS MOVING AT A URGENT PACE AS WELL. THAT ALL PRETTY EXCITING NEWS.
8-1-2014 Newshound Guru Chattels [i have recently made the acquaintance of someone who is connected to banking in Iraq and speaks Arabic.] they are excited about the prospects of a near term event, but no date or rate... their optimism is somewhat connected to the "progress" in Iraq, but primarily they are connected to a person, so it is anecdotal.
8-1-2014 Newshound Guru Millionday [When is the CBI open again? Saturday or Sunday?] SUNDAY I BELIEVE BUT I READ MONDAY ON ANOTHER REPORT.
8-1-2014 Newshound Guru Mailman17 THE OTHER TIDBIT I HAVENT BEEN ABLE TO CONFIRM YET IS THAT THEIR PAPERWORK IS FINISHED AND AWAITING ASCENSION INTO THE WTO AS OF THE 29TH. BUT THAT REQUIRES A TRADEABLE AND ACCEPTED CURRENCY. ENTER THE BUDGET, AND FULLY FORMED GOVT, THEN ITS TURKIS CALL...SO WE SHALL WAIT. [post 2 of 2]
8-1-2014 Newshound Guru Mailman17 THE SOL IS NOT THE LARGEST BLOCK NO MATTER WHAT PROPAGANDA IS SAID ON TV OR ANY ARTICLE PUT OUT BY MALIKI... THEY MAY BE TRYING TO PERSUADE THE NA TO LET MALIKI FORM, BUT THAT IS AND NEVER WAS AN OPTION. MALIKIS OUSTING HAS BEEN PLANNED FOR QUITE AWHILE. THE 5 NAMES WERE PRESENTED AT A MEETING LAST NIGHT AND FROM THERE, JAFAARI, THE HEAD OF THE NA WILL CHOOSE 1 AND PRESENT IT TO THE POR. GET READY...ITS COMING. [post 1 of 2....stay tuned] 7-31-2014 Newshound Guru Millionday NOW ON THE WTO SITE IRAQ IS LISTED AS WORKING TOWARD ACCESSION. THEY ARE PART OF THE COUNTRY LIST. I READ THAT THEY ARE HOPING TO NOT WAIT THE ENTIRE 30 DAYS BECAUSE OF THE PRODUCT ANALYSIS THAT GOES ON WHEN PRODUCTS ARE FOR WTO CONTRACTS AMONG OTHER REASONS. I AM WORKING ON FINDING OUT IF THEY ARE COMPLETELY DONE WITH ALL REQUIREMENTS OR NOT -- IT SAYS COMPLETE AND I HAVE TO SAY IT LOOKS EXCITING. [post 2 of 2]
7-31-2014 Newshound Guru Stryker BREAKING NEWS... WTO. IRAQ IS ARTICLE VIII COMPLIANT MEANING THE IRAQI DINAR CAN BE TRADED INTERNATIONALLY. ...the WTO Agreement states that accession to the WTO will be “on terms to be agreed” between the acceding government and the WTO. Accession to the WTO is essentially a process of negotiation — quite different from the process of accession to other international entities, like the IMF, which is largely an automatic process. ACCORDING TO THIS RESEARCH IRAQ IS COMPLETELY READ FOR FULL ACCESSION INTO THE WTO...ONE LAST REVISION AND THEY ARE DONE WE/THEY ARE JUST ABOUT THERE!!!
7-31-2014 Intel Guru WILDDUCK [I hope I wake up to an RV.] GCR [GLOBAL CURRENCY RESET]. RV BEEN DONE, GCR IS WHATS COMING. IT HAS TO HAPPEN SOONER OR LATER. IMO CAN NOT KEEP THE DRIFT UP IN IRAQ FOREVER.
7-31-2014 Newshound Guru Millionday WE WERE FOLLOWING ALL THE DATES IN THE PAST TWO YEARS OF THE ENTRY OF THE WTO... THEY HAVE WORKED HARD AND HAVE STATED ON MULTIPLE OCCASIONS THAT THEY WERE WORKING TOWARD ACTIVE MEMBERSHIP. THE LAST THING WE HAVE SEEN IS THE MOVE TO A FREE MARKET ECONOMY IS WHAT THEY ARE DOING AND THAT IS THE MOVE TO ACTIVE MEMBERSHIP TO THE WTO --- IT WAS JUST A COUPLE DAYS AGO. [post 1 of 2....stay tuned]
7-31-2014 Newshound Guru Tlar the NA will not allow through vote, for Maliki to be named the nominee. The coalition will have their candidate and the SOL will have their candidate and then the NA will have their vote. The winner of that vote, either Chalabi or Mahdi will be the NA nominee they will take to the floor of parliament as the Shia nominee for PM. The coalition has decided on their candidate and I believe the SOL has decided on their candidate, Sharistani. The NA will vote in the next two days, maybe even tomorrow. The Shia nominee either Chalabi or Mahdi will be ready the same day he is brought to parliament to announce his government having chosen the minsters in advance. This should be over next week as to the government being formed. I am sure of that.
7-31-2014 Intel/Newshound Guru Poppy3 LOTS OF THINGS HAPPENING IN IRAQ. THEY ARE STILL IN THE FEASTING AND GIVING STAGE TODAY TILL MIDNIGHT AND WE SHOULD HEAR MUCH MORE NEWS TOMORROW. MEETINGS STILL HAPPENING EVEN IN THIS STAGE OF THE END OF RAMADON CELEBRATION. PEOPLE ARE ENCOURAGED IN BAGDAD AND THEY ARE ALL REJOICING THAT MALIKI HAS RESIGNED. WE ARE IN GOOD PLACE AND...MY ATTENTION HAS TURNED TO MR. TURKI. THEY HAVE BEEN IN A VERY URGENT HURRY FOR OVER A MONTH AND NOTHING AT ALL SAYS THAT HAS CHANGED.
7-31-2014 Newshound Guru Stryker "The National Coalition also nominated Ibrahim al-Jaafari and Adel Abdul Mahdi and Ahmed Chalabi for prime minister on the one hand and the state of law and nominated Khodair al Hussein al-Shahristani, on the other hand." ... that sure looks like Maliki is out. But like I said, he aint going to go away easy...and some gurus are saying he will be forming a new government after the Eid al-Fitr...that ends tonight... Some are still saying that Iraqi TV is showing Maliki resigning but there is nothing in the news about it today officially and my people say that it's not true, yet. But there is some great news about the Budget being ready for Parliament and other encouraging news...
7-31-2014 Newshound/Intel Guru Randy Koonce The reason we get away from dates and just look for the event is since this is a multi headed snake you have different factions controlling the RV and GOI at any given time... Right now we know IRAQ is READY to show the GOI but why has it not shown...the US is who Iraq is waiting on to give the ok to finish... Question 4 will the fighting stop the RV? It has nothing to do with RV...the money was only an issue if the US had troops that the militants could use the money to buy weapons against them. OVER the weekend until Tues seems to be the time to look for the GOI to be done...we are close...do not pay attention to anything other than the formation of the GOI after that we will be done. [post 2 of 2]
7-31-2014 Newshound/Intel Guru Randy Koonce ...we are coming to an end now with the GOI getting formed...That is why we do not look at dates and particular days. Question 1. is Maliki Out? Unless Maliki can find a miracle to happen he will not be able to form the largest Block...His own Party will not put him up now as the candidate...So Maliki is OUT. Question 2. who will be the PM? it will either be Chalibi or Madhi either one for us is fine...we should know for sure in about a day...Right now it is Madhi. Question 3. could it take longer for the PM to be seating? Yes...but we do not think so if you listen to all the news the GOI will be formed by the first... that has been moved right now any time to get formed... [post 1 of 2....stay tuned]
7-31-2014 Intel Guru Okie_Oil_Man AS OF THIS AFTERNOON I HAVE BEEN RECEIVING NOTHING BUT PROGRESSIVE, POSITIVE NEWS RELEVANT TO COMPLETION OF THIS LONG JOURNEY WE HAVE BEEN ON. IF ALL GOES ACCORDING TO SOURCES WE ARE REALLY AT THE END OF THE TRAIL. I CAN NOT BE EXPLICIT BECAUSE OF PRIOR AGREEMENT'S THAT PRECLUDE ME FROM GIVING SPECIFIC'S. JUST KNOW THAT "THE PLAN" HAS AND IS BEING FOLLOWED TO THE LETTER OF THE LAW. WE ARE NOT ANTICIPATING ANY PROLONGED WAITING PERIOD FROM THIS POINT FORWARD. JUST FOLLOW THE BOUNCING BALL AND SING ALONG WITH ME-- "WE'RE IN THE MONEY-WE'RE IN THE MONEY. ---FINAL POSTING SHOULD OCCUR SOON.
7-31-2014 Intel Guru Frank26 Article quote: "discussions are ongoing between state law and the political blocs to agree asking Maliki to form the next government," noting that "there will get a surprise in the next few days." IMO, Sunday will SHOW us MANY MANY things. NOT an IR [International Rate] ...The Substrate of it ...Upon which the IR will act.
7-31-2014 Intel Guru SteveI Article quote: "Wednesday that the Parliament sent a modified version of the budget bill to the federal government for approval and then approval in the House of Representatives" Awesome. This is what I have been looking and waiting for. [ Is there a chance that when the budget is released officially, the rate will remain the same?] Well of course there is that chance, however, all of the momentary reform that has taken place would sure lead me not to believe that to be so...we believe in now and what is waiting for us in the release and approval of the budget. That is a rate greater much greater than the current. [Do you think it's really going to happen this time around?] Yes I do. There is every indication that we are on track this time. The need for money is the key and they need it fast, so yes, we are at the end finally. The PM does not have to be named for this to happen, but the budget and HCL does.
7-31-2014 Intel Guru Mnt Goat Ramadan is now officially over. Eid al-Fitr the last day of Ramadan, a festive day and so it too is also over. Will Iraq now finally complete the formation of their new government? There is one last step to complete it and that is to announce the prime minister. I was told they will complete the new government within days if not hours after the holiday. There are many that say they want to roll this RV out by end of July. I too believe this is true. It has been stated many times since January that this is a target in many articles. I have not heard Iraq say it will be delayed. Can they do it? They seemed to have missed most deadlines/targets in the past and always find a way to deal with the consequences. I am optimistic they will complete it this time.
7-31-2014 Intel Guru TerryK ARE WE READY FOR THIS TO HAPPEN. GETTING WORD WE ARE WITHIN THAT 72 HOUR WINDOW AGAIN.
7-31-2014 Intel/Newshound Guru Poppy3 LIKE I HAVE SAID FOR DAYS ALL IS WELL, JUST LET IT HAPPEN. AGAIN I AM EXCITED AT ALL OUR POSSIBILITIES AND THEY HAVE URGENCY TO COMPLETE IT...
7-31-2014 Newshound Guru Millionday REMEMBER THAT THE RESERVES IN IRAQ ARE NOT BEING TOUCHED AND ARE PART OF WHAT BACKS THEIR DINAR --- THE MONEY FOR THE BUDGET COMES FROM CONTRACTS AND TRADE THAT THEY ARE TAKING PART IN. AS SOON AS THEY ARE INTERNATIONALLY RECOGNIZED AND CBI HAS A BUDGET THAT THEY CAN USE TO TRANSFER MONEY TO WHERE IT GOES. [post 2 of 2]
7-31-2014 Newshound Guru Millionday "...the Parliament sent a modified version of the budget bill to the federal government for approval and then approval in the House of Representatives...the government will send this copy to Parliament early next week to be approved." SO WHAT WE HAVE IS AMENDED BUDGET TO THE TABLE OF THE GOV AND THEN TO PARLIAMENT TO AGREE ON THE CHANGES THAT HAVE OCCURRED. SO THE BEGINNING OF THE WEEK IT SHOULD BE BEFORE PARLIAMENT. THIS IS A HUGE WHOPPER AND FAST FAST FAST AND THE WAY THEY HAVE BEEN WORKING -- IT SHOULD COME RIGHT OUT A LAUNDRY SHOOT. [post 1 of 2....stay tuned]
7-31-2014 Intel Guru Delta [You don't think Maliki, if Iraqi T.V. is accurate about is Presidency, will play the same game he did before proxying himself with all the positions like security etc. and prolonging the formation of the gov't?] YOU ARE MISSING A BIG POINT. LAST ELECTION WAS HARD CUZ ALAWI WAS VERY CLOSE IN VOTES TO MALIKI THAT'S WHY IT WAS A PROBLEM AT THAT TIME, BUT THIS ELECTION STATE LAW HAS 103 SEATS AND THAT'S MAKE THEM THE LARGEST GROUP, THE NEXT WINNER HAS ONLY 30 SEATS. THE IRAQI COURT ANNOUNCED THAT STATE LAW IS THE LARGEST GROUP. SO THEIR LEADER WILL HAVE THE RIGHT TO FORM THE GOV . [Well lets say that Maliki is the PM. It isnt much of a unity govt if StateLaw has both the PM and the 1st Deputy of Parliament. They have gained power- not given it up.] BINGO...... BIG POWER FOR STATE LAW. LAWS WILL GET PASS VERY FAST.
7-31-2014 Intel Guru Mnt Goat Today [Wednesday] Iraq parliament sent a modified version of the 2014 budget bill from the committee to the federal government for approval. Next it was sent to the House of Representatives for approval. So today the really good news is the budget approval has happened in parliament after the members agreeing on all points. Folks we had a passing of the budget for the year 2014. Finally! Do you remember that I...told you that the RV is not dependent on the budget being passed but the budget needs the RV prior to opening it and spending it. I said that when we see the budget passed, the RV will come very soon afterwards, if not just before. We are soooo close to an RV! [post 2 of 2]
7-31-2014 Intel Guru Mnt Goat Today the MP for the Liberal bloc, Riad al-Saadi indicated that the National Alliance has five candidates for the post of prime minister while noting that the outgoing Prime Minister, Nuri al-Maliki, withdrew his candidacy for the post because of political pressure. So after talking to many of my sources I have come to the conclusion that in fact he would still like to have a 3rd term, if possible, but under political pressure he did finally withdrew his candidacy early today [Wednesday]. I still believe that they will take the final vote prior to Aug 5th and they will seat and announce their new prime minister to the world. It could literally happen any day... [post 1 of 2....stay tuned]
7-31-2014 Newshound Guru Adam Montana [you have said in the pass that the CBI is the only one that can rv. Cbi has stated that despite all the problems that IRAQI has that the dinar is still strong. So can't the CBI rv without parliament or a pm?] Absolutely. [With Ramadon almost over, do you believe we will start to see a lot of activity leading to an R/V?] August is going to be an exciting month. 7-30-2014 Newshound Guru Administrator Bob As broadcast on al-Iraqiya TV today, PM al-Maliki has decided not to seek a third term. This also was published on the television network scrolling banner across the bottom of the TV screen.
7-30-2014 Newshound Guru Millionday "The head of the National Alliance, Ibrahim al-Jaafari, the leader of the Badr Organization, Hadi al-Amiri, said Mr. Nuri al-Maliki will not become prime minister in the next government." SO AS WE SEE THEY ARE NOT HAVING MALIKI AS THE NEXT PM AND THAT MEANS THEY ARE CLOSE OR TO THE NAME OF WHOM IT MAY BE -- IMO.
7-30-2014 Newshound Guru Adam Montana Speaking of Kurdistan, there is a pretty big deal going on right now...they currently have a tanker sitting off the coast of Texas carrying $100 million worth of crude. They declared a major victory when they were to offload it Monday, but a Judge put a temporary delay on this. We are currently waiting for the KRG to make their case...and if they are able to offload this shipment and collect that money, they will have won a MAJOR victory! Again putting more pressure on Baghdad, which is good for us. Kurdistan also has a referendum coming up to vote for Independence. I don't see it happening as of yet, but again...all these things are pushing for action instead of complacency and delays. Overall... it's looking like we're in for an exciting month of August! [post 2 of 2]
7-30-2014 Newshound Guru Adam Montana Parliament still working on the budget...that's nothing new, but it appears they are making progress. Maliki has yet to be replaced and is maintaining his role as Prime Minister still. There is nobody likely to get enough support in Baghdad to replace him, so like i've been saying for the last few months...he's probably going to stay. A new name you might want to get familiar with is "Muhammad Fuad Masum", the new Iraqi President. We will still hear Talabani's name as he will still be active in the political party Patriotic Union of Kurdistan (PUK). [post 1of 2....stay tuned]
7-30-2014 Intel Guru Frank26 "URGENT FROM IRAQIA TV: IRAQI PRES WILL ASK MALIKI TO FORM THE GOV AFTER THE HOLIDAY." This is a calculated move! IMO...CBI will NOT WASTE A SECOND IF M DOES NOT EITHER. Pressures must have had many other factors.
7-30-2014 Intel Guru Delta URGENT FROM IRAQIA TV: IRAQI PRES WILL ASK MALIKI TO FORM THE GOV AFTER THE HOLIDAY. MALIKI GOT IT AGAIN AS WE SAID... [Now please let them get the government sat, and pass the laws needed to RV!!] NO LAWS ARE NEEDED FOR THE RV...CBI IS READY, AS SOON AS WE GET THE OFFICIAL ANNOUNCEMENT FOR THE PM WE SHOULD BE GOOD TO GO.
7-30-2014 Intel Guru DC [via Adept1] Things are exceptionally good – really a continuation from Monday. We are waiting on the announcement of the PM for the RV, and everything is in a wonderful spot. It makes sense for these announcements to be wrapped into the end of the religious festival. Bottom line: everybody is extremely excited because they have got to a foundational point for the upcoming turnaround that Iraq will go through. The whole economy will get a huge boost, worldwide. They are just waiting for the IMF to give the word; we understand they have set the time for that, but we are not going to say it. We’re not going to leak that! We just pray everything stays on track. I believe we are at a very, very close point for this to be done.
7-30-2014 Intel Guru TNT Tony [via Adept 1] It is actually done and we are just waiting for the announcement. We’re in place, we are...happy that this nightmare is over for you as well as us, and more happy for you Iraqis because of the enormous changes about to take place in the Middle East. All we can do is watch the clock. I had a call from my cousin who said he wants to sell his dinar, and I just told him “Don’t sell!” Finally, I said, “If it’s still there on Tuesday, then there will be a buyer.” He called me yesterday, and I still told him not to sell. When he sees what it will come out at, he would regret it for the rest of his life. I couldn’t tell anyone to sell, not with what I’m seeing now. We are so close to getting to it...
7-30-2014 Newshound Guru Stryker BREAKING NEWS: "Iraqi Prime Minister Nouri al-Maliki steps down today because of political pressure!" That's is what is coming out of Iraq via seven (7) articles so far already in the last hour but earlier today his State Law Party denied he was doing so. What makes me lean to it being fact is that the State Law Coalition stated that they have nominated two candidates for the PM position; al-Jaafari and al-Shahristani This move would be an attempt to diminish the votes away from the New Coalition that makes up the New National Coalition to try to keep their party in power. ...I have just heard that they are getting close in announcing a single candidate and soon!
7-30-2014 Intel Guru SteveI [What is the next bench mark to watch for!?] ...that would be the budget and the HCL, both of them are a significant key to the financial outcome of changing the value in the near future. All we can do is sit and watch the progress happen like it is. This is so different than what was going on for the past few years, it is now getting exciting.
7-30-2014 Newshound Guru Aggiedad77 Article: "U.S. judge says Kurdish tanker near Texas out of court's jurisdiction" ...the very same judge who Tuesday morning issued the confiscation order for the Kurd oil sitting in the Gulf of Mexico south of Galveston...has basically rescinded her original order, saying the oil is out of the jurisdiction of her court.
7-30-2014 Newshound Guru Tlar The PM will then submit his new government to parliament and parliament will vote yes or no. Things have been moving very fast up until Eid al Fitr which started our Sunday night, and it will start up again tomorrow. I don't look for any movement on the RV until this government is complete and Maliki is out. The outside day is August 8th. That's when the clock will begin on the RV which should be within days of the government being done (Turki a couple of months ago said this - "The central bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country." [post 2 of 2] [To learn more about Drop the zeros project, visit the "Start Here" tab at the top of this page]
7-30-2014 Newshound Guru Tlar Ramadan is almost over and we are in a holding pattern until Thursday as the Iraqi's celebrate the great feast, Eid al Fitr. The NA has been determined to be the biggest block and that argument is over. The coalition has announced they will pick their nominee right after Eid al Fitr...this should come down to Mahdi or Chalabi... Once the NA determines who will be the nominee, al Jubouri (POP) will then reconvene parliament and Masum (POR) will then ask the NA to announce their nominee. At that point we have a government. By constitutional law the new PM will be given 30 days to construct a government which means assign Ministers and choose a Council Of Ministers (COM). I believe mostly because of the severity of the problems facing Iraq and the speed of which this process has been moving, he will fast tract that into a couple of days. [post 1 of 2....stay tuned]
7-30-2014 Newshound/Intel Guru BGG Big News - Maliki lost 22 votes from within his own SLC... - they just moved to the Sadr/Hakim side...not to mention Sharistani's bunch. If this holds true - he's DONE!!
7-30-2014 Newshound Guru Millionday THE BEST PART ABOUT THE PM NOMINATION IS THAT THE PRESIDENT OF IRAQ CAN CHOOSE FROM THE LARGEST GROUP PER THE CONSTITUTION SO NOT WORRIED HERE WITH ALL THE MOVEMENTS WE HAVE SEEN. MALIKI`S PARTY IS NOT THE LARGEST AND HE WILL NOT BE CHOSEN...THAT IS GREAT NEWS TO ME. 7-29-2014 Intel Guru TerryK ITS HERE... NO STOPPING IT... THE PM HAS BEEN ANNOUNCED IN IRAQ JUST NOT IN PUBLIC. WE ARE TO SEE THIS ACCORDING TO SOURCES WITHIN THE NEXT 72 HOURS AND FOCUSED ON THURSDAY NIGHT PROVIDING NOTHING GOES WRONG. ADDITIONAL BONDS HAVE BEEN ISSUED FOR THE TRUSTS THAT WILL ALSO BRING IN THE NEW GOLD STANDARD AND THE RV. WHAT IM BEING TOLD IS A COURIER IS ON ITS WAY TO THE USA TO MAKE THIS HAPPEN. AGAIN REMEMBER WE WENT THRU THIS MONTHS AGO SO TREAT ALL AS RUMOR.
7-29-2014 Newshound Guru Mailman17 THE DISSENSION WITHIN THE RANKS OF THE SOL IS A LONG TIME COMING. THEY HAVE FINALLY REALIZED ITS BETTER TO DISSENT THAN TO BACK A DEAD HORSE (MALIKI) IF THEY INTEND TO HOLD ANY KIND OF POWER POSITION WITHIN THE NEW GOI. MALIKI HAS HELD IRAQ TO A NO WIN SCENARIO AS LONG AS HE WAS IN POWER AND HE USED THAT POWER TO HIS UTMOST ABILITY... THOSE DAYS ARE OVER. THE PEOPLE OF IRAQ WILL GET WHAT THEY HAVE JUSTLY DESERVED FOR THE PAST 40 YEARS...AND WE ALL WILL BE A PART OF IT AND REWARDED ACCORDINGLY. THE MANY RANK AND FILE SOL WILL GIVE THE NA THE LIFT THEY NEED AND THEY TOO WILL BE REWARDED. THE NEW IRAQ IS COMING...
7-29-2014 Newshound Guru Millionday IT IS SO EXCITING...THE MANY THINGS WE HAVE SEEN RECENTLY AND THE CALL FOR THE ENTIRE BANKING REFORM ACTIVATION AND THE LAUNCH OF INDUSTRY ALONG WITH THE REASONING OF THE RETURN OF THE KURD OIL BEING FOR THE SFA -- THE AMNESTY BEING DONE AS WE HAVE STATED AND OF COURSE THE VERY COOL NEWS ON THE HCL -- IS NOTHING SHORT OF EXCITING TO SAY THE LEAST.
7-29-2014 Newshound Guru Stryker Ramadan was officially over yesterday (July 28th) and the celebration known as Eid al-Fitr started last night and will end on Thursday the 31st of July. I am telling you this so everyone knows that the State Law of Coalition (Maliki's Party) has given the National Alliance until the end of the holiday to name their nominee for Prime Minister or they will be named the largest bloc, according to them. QUOTE: "State of Law bloc is the largest number in the event of the failure of the National Alliance to a final agreement after the holiday on a candidate for prime minister" Maliki did sign the National Alliance document declaring them as the largest bloc. QUOTE: "President of the Islamic Supreme Council of Iraq Ammar al-Hakim and Prime Minister Nuri al-Maliki and a number of leaders of the blocks of the National Alliance and was al-Jaafari read the statement, which was agreed upon The announcement was that the National Alliance is the biggest bloc."
7-29-2014 Intel Guru Bluwolf The three key positions that had to be seated are to the fact, once it is published in the Gazette it will be official and the international release shall be a given, all banks worldwide are now expectant of this issue so be prepared. We are already there, I can't furnish anymore details for I was asked not to reveal such information at the present.
7-29-2014 Newshound Guru Mailman17 THE U.S, WORLD BANK AND IMF ARE JOINED AT THE HIP...ALWAYS HAVE BEEN AND ALWAYS WILL. WITH THE EMERGENCE OF A VERY FAST MOVING BRICS...THIS THREESOME IS IN SERIOUS TROUBLE. THEY NEED TO ACT FAST...REAL FAST TO AT LEAST QUELL THIS BRICS MOVEMENT. I HAVE ALWAYS BEEN A 86 CENT MAN...BUT...THEY JUST MAY HAVE TO UP THE ANTE...IF THEY ARE TO SURVIVE THE ONCOMING STORM. THE EU NEEDS THIS DINAR TO BACK THEIR RESERVE VALUE AS WELL AS THE U.S. JUST POSSIBLY 86 CENTS AINT GONNA DO IT...THEY MIGHT HAVE TO GO HIGHER...WE SHALL SEE...EITHER WAY...THEY NEED IT NOW...AS IN YESTERDAY...JMO.
7-29-2014 Intel/Newshound Guru Poppy3 REMEMBER THAT KUWAIT RV'ED IN LESS THAN 4 YEARS AFTER THEIR INVASION AND THE REASON THEY WERE MUCH FASTER THAN IRAQ IS BECAUSE THEY STILL HAD A FUNCTIONING GOI AFTER THE WAR AND IRAQ HAD ZIP THEY HAVE HAD TO START FROM SCRATCH. WE ARE IN AWESOME POSITION AND THIS SHOWS THEY HAVE PLENTY TO RV AT 3 PLUS DOLLARS AND PAY YOU AND I. ANNOUNCEMENT OF PM AND SEATED GOI...FROM THAT POINT FORWARD THE RV CAN BE ANNOUNCED AT ANY MOMENT FORWARD. I EXPECT TO HEAR THE PM ANNOUNCEMENT WITHIN THE NEXT 5 DAYS. MY OPINION ONLY.
7-29-2014 Intel Guru Freeway Bill I am coming to you in what may very well be the last time (we pray) so I have to make it count...The news you are hearing are half truths! The movement you are reading about are half truths! But, do you really think anyone knows enough to lay 100% truth on you? The great thing is that there is enough truth in what you are hearing and reading to be very excited about the progress that has been made in the past few months and KNOW that you are closer to the day you have been waiting on now than ever before IMHO! The RATES don't matter! I promise you it will be enough to curl your hair....(for those that have any). No INTEL here, NO HOPIUM! Just ingredients that based on what I know to be true and mix that with what COULD be true tells me to look toward the heavens and be encouraged...
7-29-2014 Newshound Guru Mailman17 THE NEW PM MOST LIKELY HAS THE NAMES OF HIS CABINET ALREADY PICKED AND JUST NEEDS TO GET THEM IN...THEN THE CBI WILL ACT. AND THAT VERY WELL CAN HAPPEN AS SOON AS HE IS SWORN IN, THE REVAL ALONG WITH INFRASTRUCTURE INCLUDING OIL REVENUE BACK TO THE PEOPLE IS BUILT INTO THE BUDGET. THE NEWLY RATIFIED AND ADJUSTED BUDGET MUST BE IN PLACE FOR THE NEW MINISTERS TO ACT ACCORDINGLY WITHIN THEIR OWN AREA. LOOK FOR THE BUDGET TO BE ACTIVATED AND VOTED IN RIGHT AFTER THE NEW PM AND HIS MINISTERS. AND THAT COULD ONLY BE A FEW DAYS BECAUSE MALIKI WILL BE A FORGONE CONCLUSION. JMO [post 2 of 2]
7-29-2014 Newshound Guru Mailman17 AS MUCH AS I BELIEVE THE CBI IS INDEED READY TO RELEASE THE RATE, THEY HAVE ALWAYS HAD THE MENTALITY EVEN GOING BACK TO SHABS, THAT THEY WILL RELEASE IT WHEN A FULLY FUNCTIONING GOVT IS FORMED. I BELIEVE THAT WILL INCLUDE THE NEW MINISTERS AS WELL. WITH THAT SAID, I ALSO BELIEVE THE NEW PM HAS BEEN HAND PICKED AND JUST WAITING FOR THE POP AND POR TO NEUTER MALIKI. [post 1 of 2....stay tuned]
7-29-2014 Newshound Guru Millionday [will the cards require a rate to go global?] THEY WILL HAVE TO HAVE AN EXCHANGE RATE IN ORDER TO HAVE A VALUE IN PLACE FOR EXCHANGE WITHIN THE GLOBAL SYSTEM IN PLACE FOR MASTER CARD AS WELL. (post 2 of 2)
7-29-2014 Newshound Guru Millionday I HAVE NEVER TOLD YOU ANYTHING THAT SHOWS A TIMELINE OF ANY KIND FOR ANY REASON...HERE WE GO AND IT IS IN INK...Quote: "This card is used for transferring salaries from companies to the card’s account and it can be used in cash withdrawal through all Warka bank ATMs in." THAT IS THE NEW PAYMENT CARD SERVICE THAT WILL BE AT THE BANKS. SO LET ME SUMMARIZE THE REPORT: AFTER THE FEAST --- ALL PAYROLLS AND PAYMENTS WILL BE MADE THEN. THE FEAST WAS TO BE ANNOUNCED TO HAVE BEGUN TODAY [MONDAY]. [when does it finish?] THREE DAYS. [post 1 of 2....stay tuned]
7-29-2014 Newshound Guru Tlar I have stated that I thought this would be over by the end of July and have continued to think that up until very recently. The decisive factor IMO is the government being put together and it becomes really obvious that Maliki is not a part of and the coalition won. It continues to amaze me that the SOL has not broke with Maliki choosing to destroy their own party. Anyway if you will allow me I would like to change my prediction to within days of the parliament nominating a prime minister which means it could take another week...once we see a nominee announced in parliament, my guess is that starts the clock.
7-29-2014 Newshound Guru Chattels ...my sense is that the judiciary has spoken and the same decision that put Maliki in office in 2010 may put him out in 2014, a great irony. 7-28-2014 Newshound Guru Tlar The point I am making is what's changed from 2008 when it was determined back then the currency was worth 88 cents per dinar and the plan was to RV the currency per Shabibi according to the strategic study? I will tell you. Assets, and more assets, and some additional assets. Added altogether and if it were ever to be published on their...website, it is: 100 billion in foreign currency reserves, 120 tons of gold 82 billion released early last Oct-Nov which I think because Maliki had stated he was going to get the money, Turki deposited in BIS, and the additional 180 billion the US just stated was being released in the US of property, financial instruments, bank accounts and DFI funds. Somebody please tell me again how is it that a country that is this wealthy cannot RV their currency? Remember their neighbor next store Kuwait, has less the 40 billion in their reserves and only produces 1.5 mbpd (the same as Iraq back in 2008) and has a currency worth $3.48 USD per dinar? [post 2 of 2]
7-28-2014 Newshound Guru Tlar I hate to keep quoting the 2008 strategic study commissioned by the CBI but it concluded that far back that Iraq with its resources in 2008 could support 1.13 dinars to 1 USD. The reserves were sitting at around 30 billion at the time (not the 100 billion they are today), and they were producing 1.5 mbpd (not the 4 mbpd they are today). No gold had been discovered as of yet and the CBI did not own any gold then (certainly not the 120 tons as it does today. Their was no relationship with BIS with deposits in the billions being made into BIS, and they did not have the other assets reported to be 180 billion which includes the DFI had not been released and earmarked for the CBI due to the fact THEY HAVE BEEN RELEASED FROM CHAPTER VII. [post 1 of 2....stay tuned]
7-28-201 Intel Guru TerryK ALL I’M GOING TO SAY IS ARE YOU READY...REALLY ARE YOU READY...READY FOR THE RV. GET YOUR BAGS PACKED. GET YOUR SHOES ON. ITS A COMING MY SOURCES ARE GOING NUTS. THEY ARE ALL SAYING THE BLESSING IS UPON US.
7-28-2014 Newshound Guru Millionday IT WOULD MAKE NO SENSE TO HAVE GLOBAL BANKING WITH MASTERCARD WITH NO REALITY RATE IN PLACE BECAUSE IT WOULD NOT BE COMPETITIVE OR MAKE IT IN THE MARKET FOR IRAQ --- THEY HAVE BROUGHT IN MASTERCARD AND AFTER THE FEAST THEY WILL BE USING THE PAYMENT CARDS FOR CITIZENS.
7-28-2014 Newshound Guru Tlar It is amazing to what lengths these guys will try to go to. Their new battle plan is to say now that the document they signed along with Maliki saying the NA is the largest block, is a forged document. I think the document they all signed stating the NA is the largest block was most likely signed a while back at least a month ago. At the time it probably meant nothing to the SOL or Maliki because they figured that having 95 MP'S they controlled the NA anyway so there was no reason not to sign it...They never dreamed that this document took total control out of their hands and would be used against them and essentially turned the tide. This document has turned out to be the crux of their downfall. Now that's what I call crossing the T's and dotting the I's and great foresight. Last night was their 28th and Wednesday our day is the day after their 3rd night? EID will be over this Wednesday and they can get back to work?
7-28-2014 Newshound/Intel Guru BGG Article quote: "...A source from the National Alliance, the four-way meeting was held yesterday evening between the head of the National Alliance, Ibrahim al-Jaafari and Parliament Speaker Salim al and Fuad Masum, President of the Republic and the President of the Federal Court Medhat al-Mahmoud to discuss the biggest bloc in parliament..." This article is saying al-Jubouri, Massoum, Medhat al-Mahmound and al-Jaafari met and decided the NA would be the ones to form the next GOI – not the SLC singularly. It goes on to say (translated) Massoum will call the NA to proceed later this week (essentially – based on the Eid al-Fitr timeline). HUGE NEWS turn out the lights Maliki - the party is OVER!!
7-28-2014 Intel Guru TNT Tony [via Adept1] There is a date, a time and a final plan. Everyone has agreed. We’re there. That doesn’t mean it’s in the next 15 minutes, but we’re there. In Iraq, they have met with the incoming and outgoing PM, they have a PM ready to be announced. Hopefully it will be a great day and a great, great week...know that something could happen this week to change the rest of your life.
7-28-2014 Intel Guru DC [via Adept1] Everything looks really, really good and I pray this is the final thing. In Iraq, they are very busy with last-minute agreements. My take is they’ve had the PM now for many weeks.The security situation is going well, too. The CBI is ready...Banks are ready...The UN Security Council is happy with the ministers, and the progress being made. We can see the end in sight and it looks like we’re going to nail it. It looks really good.
7-28-2014 Intel/Newshound Guru Poppy3 BEING TOLD THEY WILL HAVE A EMERGENCY CALLED MEETING THIS WEEK. NOT CONFIRMED BUT A RUMOR FROM IRAQ. [in your opinion do you think Maliki will be gone by the end of the week?] ALL DEPENDS ON WHEN JABORI DECIDES TO ANNOUNCE THE NEW PM. I EXPECT THIS TO NOW HAPPEN AT ANYTIME.
7-28-2014 Newshound Guru wmawhite two to three weeks ago I thought Maliki still had a chance to survive this. However, with al-Sistani speaking up and calling for a change, many within the SoL now have jumped ship using al-Sistani as cover. I believe Maliki is history.
7-28-2014 Intel Guru TerryK THE OIL TANKER FROM IRAQ...THE QUESTION IS WHO ORDERED IT AND HOW MUCH ARE THEY PAYING FOR IT. IF ITS TO THE US PART OF PAYMENT THEN I SAY WE ARE THERE. IF IT IS FOR PRODUCTION TO A PRIVATE GROUP I SAY WE ARE DAMN CLOSE. REMEMBER IRAQ OWES US SO MANY BILLION BARRELS RIGHT...PART OF THE AGREEMENTS.
7-28-2014 Newshound Guru Tlar Baghdad newspaper of integrity: Quote: "Ibrahim Al-Jaafari said in a press statement that "the National Alliance is the largest parliamentary bloc, and not the State of law Coalition," I am posting this because of the importance...it is the crowning document being as al-Jaafrari is not just the head of the National Alliance but he is also part of the SOL (State of Law). The three blocks within the SOL, Jaafari's block, Badr block and the DAWA have all announced they no longer share the same position as the leadership of the SOL. They have by all definition defected as the SOL leadership continues to stand behind Maliki. The task now is to get everybody in the coalition to decide on one nominee. They have honed it down to three, two of which is Chalabi and Mahdi. I think we should have a uniform vote by Wednesday at the latest and it is possible that Jubouri will call them back into session before Friday of next week.
7-28-2014 Newshound Guru Kaperoni In fact, reading the "transition to a market economy" documents...state the central bank must move to the new Exchange Regime prior to opening the Capital Account. Which is great news for us because it gives us a timeline. Also, it make no sense for the CBI to RV prior to moving to a new regime as they would be forgoing profits (which is what the CBI wants) as the dinar rises. No international banks or central banks are going to just take "a leap of faith" on some RV of the dinar at say 1 to $1 rate. This is a much more complicated matter than just some simple RV... As Saleh stated...they want the dinar to be a "hard" currency (which means it must float) and be traded around the world and held in central banks for a very long time. The only way that happens is if the dinar appreciates gradually so the bankers can profit. [post 2 of 2]
7-28-2014 Newshound Guru Kaperoni currencies don't revalue when they change Exchange Regimes, they simply move from one to another. So the current rate is 1166 which means when they enter Article VIII and a new regime it will be at 1166. That being said, it won't stay there long. Every expert that I have ever seen has stated it is under valued which means that it will rise. And if Iraq lines up the economic activities as we stated, it should be like turning on a kitchen facet because once the CBI opens the Capital Account, investment will flow into Iraq and put people to work, new constructions, businesses, etc. Which will cause inflations with a fixed currency...so the dinar must rise as a result of transition to a market economy. [post 1 of 2....stay tuned]
7-28-2014 Newshound Guru Chattels "...a tanker loaded with crude oil from Iraqi Kurdistan currently anchored near the port of Galveston, Texas, and will be subject to a procedural inspection by the U.S. Coast Guard on Sunday before being allowed to unload its cargo." If the ship docks in a US port it would mark not only the first arrival of Kurdish crude oil to the United States but an important victory for the Kurdistan Regional Government (KRG), which has faced challenges in finding buyers for its disputed crude oil. THE OFF LOADING OF THE OIL TANKER IN GALVESTON MAY BESPEAK AN AGREEMENT ON THE EXPORT OF OIL OUT OF KURDISTAN, WHICH WOULD BE VERY SIGNIFICANT I THINK. 7-27-2014 Intel Guru EXOGEN KURDISH OIL TANKER UNLOADING IN TEXAS RIGHT NOW IS SOME OF THE BIGGEST HISTORIC NEWS OF THIS INVESTMENT!!! THE KEY IS IT IS UNLOADING. THAT MEANS IT HAS BEEN PAID FOR.
7-27-2014 Intel Guru TerryK WORD I GOT IS ALL IS DONE, DONE, DONE AND WE ARE TO SEE THIS EITHER TONIGHT OR BY TUESDAY.
7-27-2014 Intel Guru Frank26 [when I saw the oil tanker go to galvinstan tx, it seems that Iraq has gone international and article compliance east to west.] FINALLY!!! These tanker carry oil that IMO Has an IR (International Rate).
7-27-2014 Newshound Guru Aggiedad77 Article: "Kurdistan's oil tanker loaded with a value of 100 million U.S. dollars dock port" As this article indicates Family...this tanker is not yet docked in the US...it is anchored in the Gulf of Mexico..."off the Galveston coast". IMO, if this tanker is allowed to dock in the US that will be sending a strong message to Iraq and the ME as the US position regarding the Kurds sale of crude on the international market will have shifted significantly...it telegraphs the message that the US sees a unified government being put into place...one that will recognize the actions being taken by the Kurds in this "international process"...to me this could be HUGE...whether or not the US allows the ship to proceed to a dock and start to off-load.
7-27-2014 Newshound Guru Adam Montana We are nearing the end Ramadan, and I have feeling things are going to be heating up again real soon! Iraq in general is notorious for not accomplishing much during Ramadan, but this year was a bit of a refreshing change. Here's to good news soon...GO RV!!!
7-27-2014 Newshound Guru Tlar ...the definition of what constitutes the largest block was at issue. It was important to make sure to the coalition that they define that as something other than the SOL. Jubouri yesterday defined the largest block as the National Alliance effectively removing the power the SOL was trying to obtain through the courts by having them rule the SOL was the biggest block. The National Alliance (Shia Party) consists primarily of two opposing groups, the coalition 83 MP'S and the SOL 95 MP'S. (State of Law). The coalition wants Chalabi or Mahdi which are both acceptable to all Iraqi's and are non sectarian. The SOL leadership wants Maliki and has shown no interest in negotiating. Things are moving very fast and things are not going Maliki's way. He is still fighting but becoming more irrelevant every day. Side prediction - Maliki and the leadership of the SOL will be on an airplane heading to parts unknown within an hour of the announcement from the NA of their new nominee.
7-27-2014 Newshound Guru Chattels Article quotes: "The head of the Iraqi National Alliance, Ibrahim al-Jaafary, assured that the INA is the biggest bloc and not the State of Law Coalition headed by the Premier, Nouri al-Maliki." "Habeeb al-Turfi, of the Citizen bloc assured that the Iraqi National Alliance is the biggest parliamentary bloc. Speaking to AIN, Turfi said "The biggest bloc is the INA due to its effect in the parliament and it will be able to nominate the next PM." WOW ! it seems clear now that President Massoum will designate the choice for PM made by the National Alliance then that PM must form and seat a government/Council of Ministers acceptable to a majority vote by the full Parliament within 30 days after designation by the POR (President of the Republic).
7-27-2014 Newshound Guru Millionday Report quote: "new Iraqi Parliamentary Speaker Jabouri, speaking at a press conference following Masoum’s election, called on the new president to “use his constitutional powers to choose a candidate from the largest political bloc." SO THE PRESIDENT HAS THE CONSTITUTIONAL POWER TO PLACE THE PM FROM THE LARGEST BLOCK AND SEEMS TO BE REFERRING TO THAT TASK WITHIN TWO WEEKS. [Do you think they will stretch this out 2 more weeks?] I WOULD SAY NO BY THE CONSTITUTIONAL STATEMENTS BUT WE CAN ONLY WAIT – I DO SEE A SPEED THAT WE HAVE NOT WITNESSED BEFORE WITH ALL THAT ARE IN PLAY -- LAWS -- ELECTIONS -- AND SO MUCH MORE -- IT IS AMAZING TO SEE AFTER ALL THESE YEARS. Quote: “There are a handful of very capable leaders who may emerge as the next prime minister of Iraq. We’re going to have to see this unfold very rapidly over the coming days.”
7-27-2014 Intel/Newshound Guru Poppy3 ...LIKE MY SOURCE HAS SAID THEY HAVE NEVER STOPPED THE MEETING ON HOW THEY WILL MOVE FORWARD AND THEY MEET TILL THEY AGREE ON A PROCESS OR CANDIDATES THEN THEY IMMEDIATELY REPORT THAT TO THE PEOPLE OF IRAQ THEN CONTINUE THE MEETING TILL THEY CROSS THE NEXT HURDLE. JABORI HAS BEEN AWESOME TO KEEP...THE WORLD NOTIFIED OF EVERY DETAIL OF PROGRESS AS HE MOVES THEM FORWARD. I SUSPECT A COUPLE MORE DAYS WILL SHOW MORE PROGRESS THAN WE REALLY EXPECT. WAIT AND SEE HOW HE PULLS OFF REMOVING MALIKI ...THAT...IS THE DAY THE POSSIBILITIES OF SEEING THE RV DOUBLES IMMEDIATELY. TURKI IS SAID TO BE STANDING IN WAITING TO MAKE HIS MOVE TO WELCOME AND ANNOUNCE FINANCIAL REFORM PROCESS.
7-27-2014 Newshound Guru wmawhite ...just keep in mind that once Iraq has a PM and will have a budget very soon...as a government they will NOT be able to function using the IQD unless the CBI steps forward and completes the monetary reforms. In other words, they are showing us their intended time frames...it is now serious for Iraq because they are not protected (financially) by the UN Security Council anymore.
7-27-2014 Newshound/Intel Guru BGG Article quote: "Montadhar T نajem @MontadharN 4h Islamic Dawa Party announces it is supporting Sayd Sistani call to replace the PM position with new name #Iraq" That is MASSIVE NEWS. That is Maliki's inner circle saying they are done with him. I like the news right now... Period. 7-26-2014 Intel/Newhound Guru Tlar Jubouri has just declared the NA is the" largest block" by constituional authority, not the SOL.. That means all of the 178 members of the NA will vote together to pick the PM nominee. Now we are off to the races with the coalition picking off members of the SOL to vote with them before it is brought to the floor for a vote. The coalittion will come out ahead on this because they are in locked step whereas the SOL can't keep their members together. Many in the SOL membership does't want Maliki either. All the coalition needs to bring this to a vote on the floor is 10-15 meembers of the SOL to vote with them. Once they are assured they have them we should see a vote. That way the coalition will control the outcome. The NA, controlled by the coalition, will choose the new PM nominee. IMO this won't take but a few days. SOL - checkmate
7-26-2014 Newshound Guru wmawhite I am happy knowing that the necessary events are happening in Iraq and they will never do the things they have told us they are going to do unless the status of the IQD changes.
7-26-2014 Intel/Newshound Guru Poppy3 I AM ...THANKFUL WE ARE IN THE LAST FEW DAYS OF THIS JOURNEY. FINANCIAL REFORM LAWS HAVE BEEN COMPLETED AND THE CBI IS READY TO TURN THING LOOSE.
7-26-2014 Newshound Guru Tlar [Are you expecting this to go to the federal court?] Not sure yet if that will be necessary but it could come done to a legal definition. It is not over until it is over meaning a new PM nominee that is acceptable to all. This issue "largest block" is a contentious issue and I don't see it resolved yet until either the courts make a ruling or the SOL has enough defections come over to the coalition as to effectively change the dynamic within the NA to allow for the coalition to present its nominee. That is why this may end up in the courts whether they like it or not. I hope I am wrong but if the SOL has the legal right to call the nominee, this won't be over for months if this year at all. [post 2 of 2]
7-26-2014 Newshound Guru Tlar Article quote: "...the swearing began talks on forming the next government amid controversy over naming the largest parliamentary bloc." it comes down to this. Who's interpretation will the courts go with and what determines the biggest block. Maliki's interpretation or the coalition (Jubuori). Jubouri says it is whoever has the most MP'S on the day they vote and Maliki continues to insist he won the election and they are the owners. Let me simplify. Jubouri will win this argument in the court if they will hear the case and make a ruling and when they come to that conclusion through the courts, the coalition will by pass the SOL altogether. The SOL as a political party will have committed suicide and will become irrelevant altogether maybe even no longer existing as a major party. Constitutional interpretation will determine how this ends. Very nice job Jubouri. [post 1 of 2....stay tuned]
7-26-2014 Intel Guru EXOGEN The prime minister is already in place. Just like the Kurdistan BUDGET is COMPLETED! See the new President in IRAQ will make the announcement of the NEW Prime Minister. That is why it was so important to get the President seated for the process to WORK. Most Iraq news articles are DAYS old. Our contacts in Iraq get us information before it becomes an ARTICLE. And if you do not have global FINANCIAL contacts you will not get what is going on with the BANKING side. Just like the 15 countries who just TRADED and used IQD 48 hours ago to save their ECONOMY or SEE rates on BANK Screens in REAL Time. WHERE ARE WE? DAYS LEFT!!
7-26-2014 Newshound/Intel Guru Arthur The constitution stipulates they now have 15 days from Thursday to name their PM. This morning Grand Ayatollah Sistani said in no uncertain terms that Maliki must go one way or another for Iraq to remain within the specific time constraints of the constitution. Their recent TV newscast have consistently reported to their citizens that the security threat is diminishing and the newly formed special committees will immediately ratify a budget in conjunction with the necessary laws to allow the CBI to initiate the necessary economic reforms up to and including the deletion of the zeros otherwise known as the revaluation of the Iraqi dinar. Based on newly acquired top level intel the new confirmed window for the CE/IR/RI/RV is Monday July 28th thru Friday Aug. 8th. [post 2of 2]
7-26-2014 Newshound/Intel Guru Arthur There is absolutely no delay or holdup whatsoever. Things are going exactly according to the specific time constraints as outlined by the PTB via Kerry and Biden weeks ago. We are still well within the parameters set by the AOP. We are actually 6 days ahead of schedule. All of the major players in Iraq, the United States and Britain are ecstatic about the speed and efficiency of the political and economic progress of the newly formed government. The Maliki problem was dealt with by Jabouri and McGurk in a meeting with Hakim and Sadr the results of which will be announced shortly. They are also dealing with a major ISIS offensive which is being squashed in real by the PTB special ops. [post 1 of 2....stay tuned]
7-26-2014 Intel Guru TNT Tony [via Adept1] Speaker has been announced publicly, and the President as well. All the positions have been selected, and it just hasn’t been made public for the PM. That means we only need one more person before we get the RV. I don’t think it will take months for that to happen. We feel good with everything we’re hearing over there and over here. We’ve heard several people say they want this to go to the 1st of January. As far as I know, almost everyone wants to get this done right now. [As far as dinar and dong go, you don’t think it will go past October?] I don’t think it’s going to go past this month! Are there people still trying to drag it out? Yes, but right now we are looking good. We hope this is the great weekend you’ve been looking for the last ten years.
7-26-2014 Intel Guru DC [via Adept1] In Iraq...everybody is happy there is a President and Speaker of the Parliament. The PM is selected but not public. The ISIS continues to be routed, and normal political stability is actually working. Everyone is ready, announcements have been made about announcements, and recordings have been done. They are just waiting for those to go out for the RV notices. Many organizations are physically represented in Iraq now, helping out with various issues including the RV. It’s really hot in Baghdad right now! In DC the IMF is ready and coordinating timing on this event. Once the PM is announced, it will be really hard to stop this thing from happening. [Is dong going to have a contract rate?] They are definitely giving a a contract rate for the dong; There are two contract rates for the dong...we just don’t know how prolific it will be. [ Do you think they will announce the PM in the next couple of days?] They have planned the celebration to do that now, but it does have to be coordinated through the IMF and others because the announcement and RV are supposed to occur at the same time.
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7-25-2014 Intel/Newshound Guru Tlar I am convinced with the people I know who are participating that this is a real thing happening behind the scene, all across the country either being organized by the bank itself or the Treasury. It can no longer be kept quiet because it has taken so long people like me with loose lips are beginning to get the word out. This is a behind the scene deal done at a whole different level that the branches who most likely have no knowledge of it being done. So don't walk in to a bank with this story or you will get a blank stare. If it was someone else telling me this story, I don't think I would believe it either. So I understand everyone's skepticism. No problem…My expectations are that the actual buyout is not this Friday, but we are close. [Post 4 of 4 ]
7-25-2014 Intel/Newshound Guru Tlar …With a push of a button and a quick phone call, the buy is accomplished without a visit to the bank. Plus there is no negotiation for the bank because everybody who has already pre-agreed to sell their dinar somewhere between 3 and 4 dollars and the bank can charge them full fees… fees of 5% or more is a boat load of money the bank will make on this. I see them trying to lock in the business. [Post 3 of 4 Stay tuned for the rest of the story]
7-25-2014 Intel/newshound Guru Frank26: … We feel the IR ( International Rate) is ready ...Been ready ...But there is No One to delivery it to. LOOK ..... STUDY Turki's FIRST sentence in this article. Grasp the understandings under which conditions/parameters Turki WILL lift the 000's. The Steps we are seeing right NOW are the vital signs to an IR. 02/05/2014 12:04 BAGHDAD: The governor of the central bank and agency Abdel Basset Turki, saidFriday that the project raise zeros from the Iraqi currency will not be applied, except in the case of the stability of political and economic situation of the country, denying the issuance of a new decision of the Bank in this regard. said Turkish for "tomorrow Press "...
7-25-2014 Intel/Newshound Guru Tlar …I personally talked to the guy and he was no starry eyed dummy. So I called my contact who would not give me the rate but said he knew the rate. I told him it was $3.71 and he asked me who it was I heard that from…He was absolutely astonished that I knew the rate but he confirmed it, $3.71. ...So putting everything together I have come to two conclusions. These banks stories we have been hearing…probably have some substance to them. But the fact that most are reporting that the bank is offering between 3 and 4 bucks with no guarantees as to fees or costs, and people can't wait to jump in. It makes sense to me because it removes those people from showing up at the bank with thousands of other people on d-day waiting to be cashed out…[Post 2 of 4 stay tuned for the rest of the story]
7-25-2014 Intel/Newshound Guru Tlar I have always thought it [rate] would be 1.16 or .86 cents. I am as baffled…because it is much higher than I have ever thought. I even went through the thinking process of how they could justify the 86 cents. But I have now heard from too many people with dinars at banks waiting on being funded between $3.00 to $4.00 and one person …knows the guy who will sign off on the buy from B of A once they get the ok from the Treasury. ...another person, a twenty year friend…was having a lunch with a business associate and they started talking dinars for the very first time. My friend is a retired CFO of a company here in Dallas. His friend, another accountant type, told him he was in a group that had deposited their dinars (over a billion) with another major bank and was expecting to be cashed out today at $3.71. I personally talked to the guy... [Post 1 of ??? stay tuned for the rest of the story]
7-25-2014 Newshound Guru Millionday [they seem to be getting on with so much, ports, banking etc but when do you think they will get to the point where they can't do anymore without rving?] they claim to be activating the economic reform and that includes the monetary reform...the timeline is up to them but they certainly are preparing with the passage of many laws and the market as we have seen. this is not a bad time to be following the news to say the least.
7-25-2014 Intel Guru Mnt Goat I checked in with my CBI contact too today and all is ready to rollout the final parts of the international rates to the world. They are just waiting for the “go ahead” from the USA UST and the UN. The current outgoing GOI no longer has any influence. However they would like the NEW PM to sign off on it when seated. So I think these are all good signs that we are very close. I do not believe we will see any RV this weekend. [post 2 of 2]
7-25-2014 Intel Guru Mnt Goat The next session date announced by Al- Jabouri yesterday simply stated the adjournment of parliament is until August 5th. He did not mention that they would be voting on the prime minister at that time. This leads me to believe strongly that he intends to call in another session prior to August 5th if and when they get all to agree on the candidates for prime minister. I think the Aug 5th date is just the farthest out target date being that it is just 3 days from the 15 day constitutional limitation. This also leads me to believe that in fact, as of today, this is not a done deal...The RV is not going to happen this weekend! [post 1 of 2....stay tuned]
7-25-2014 Intel Guru Delta THE STATE DEPARTMENT AND WASHINGTON TIMES ARE WRONG!!! MALIKI WILL WIN IT AGAIN... I WILL BET STATE DEPARTMENT ALL MY DINARS. WE SHOULD KNOW ABOUT PM NO LATER THAN 08/09.
7-25-2014 Newshound Guru Millionday Article: "news agency "Reuters" Thursday 24 \ 7 \ 2014 data from the satellites tracking the movements of ships, showed that a tanker carrying crude oil from the Kurdistan region after only two days of access to the port in the United States." Quote: " Carlos Pascual, head of the Office of Energy of the U.S. Department of State, told Reuters, that "there is no change in Washington's policy toward the Kurdish independent oil sales..." IF THE US IS AGAINST THE KURDS GOING AGAINST THE RULES OF THE CONSTITUTION AND THE FED GOV ON OIL -- THE HCL MUST BE ON THE WAY, IMO.
7-25-2014 Newshound Guru Tlar The PM position is a tricky one to resolve. Nobody envisioned that the SOL leadership would still be backing M [Maliki] by this point. Everybody has tried to get him to quit yet he hangs on. He just tried to get the courts to declare the SOL as the largest block. It is not. Also they are still meeting. The news coverage makes it sound like they have adjourned because that's the way Jubouri wants it. You can forget the August 5th date. That also is there as a backstop date and as soon as this issue is resolved, they will call for the nominee and vote. This should be over before August 5th. I have some pretty strong evidence IMO to support my view that the rate will be on the upper side of $3.50. We need a budget and a PM and an RV, period. All three are within sight and are being done while we watch. We are so very close. IMO it would take some extraordinary unforeseen event to stop this at this point. This has been well planned out. We are seeing the finish of this investment everyday now.
7-25-2014 Newshound Guru Administrator Bob Over the last several days dinar or banking articles have begun to surface indicating that once again economic experts are pushing for reform. As well, parliament elected the President of Iraq which sets a timetable of 30 days or less to chose the next Prime Minister.
7-24-2014 Intel Guru Blaino We still hear the supporting events that will usher in the gcr, re-val, etc., could develop within the coming week! Apparently, the currency speculators among us may have reason to be truly excited from what we are hearing. Some are saying that the completion of the seating of the new government and officials are the final pieces to the puzzle that will usher in the new Iraq, including its position as the country with the highest asset backed currency value on the planet. Some of our intel purports a sooner rather than later stance...
7-24-2014 Intel Guru EXOGEN Based on Iraq Constitution they have 15 days, but we seriously doubt it will go that far because everything is completed already behind the scenes. NONE OF OUR INTEL CONTACTS HAVE SAID IT WILL GO ANOTHER 15 DAYS.
7-24-2014 Intel Guru Okie_Oil_Man review my post as of yesterday. I am going through my pre-landing check list as i speak.--will post more later...
7-24-2014 Newshound Guru tlm724 Article: "Formation of a committee to resolve the budget in 2014" noting that the committee is required to submit its report on the budget within two weeks from the date of its formation ...*hallelujah* I like seeing Jubouri putting time limits on things! He is cracking the whip!
7-24-2014 Newshound/Intel Guru BGG Article: "Alsumaria News / Baghdad Voice of Iraqi Council of Representatives, on Thursday, on the choice of MP Fuad Masum, president of the Republic of Iraq by a majority vote of those present..." this is REALLY looking good. Jubouri has this thing in high gear...the Aug 5th date is for vice-Presidents (to Masum) then PM is sometime after that.
7-24-2014 Newshound Guru Adam Montana [Iraq waited too long to RV didn't they?] I don't believe so at all. In fact, the opposite - if they had RV'd too soon they could have severely sabotaged their ability to maintain the new rate, and that wouldn't have been good for anyone.
7-24-2014 Newshound Guru Stryker After a long day in Parliament Iraq has a new President and his name is Fuad Masum, a well respected Kurd with the vision of a National Non Sectarian Unity for Iraq. Article Quote: "the constitutional period to choose a prime minister is 15 days after the selection of the president." 15 Days Now To See A New Prime Minister...Now the Speaker of the House of Representatives calls on the new elected President to announce the largest bloc and for them to assign their nominee for Prime Minister. Parliament will reconvene on the 5th of August to vote in a new Prime Minister. We are now down to days and not months, when we see a new government formed completely that will implement many changes in Iraq. With the right GOI I believe Turki will finally be able to launch the project that will change the lives of many in the world.
7-24-2014 Intel Guru Mnt Goat I also believe, and so I am also hearing from my sources, that the budget passing and opening must coincide with the prime minister being seated and with all his cabinet. Remember the RV does not depend on the budget but the budget needs the RV when opened...technically the budget must coincide or come later than the RV. However I do not think they want to delay the budget anymore than they have to and so they are also trying desperately to coincide the two events. This is why we are hearing now the great rush to get the budget passed... I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. [post 2 of 2]
7-24-2014 Intel Guru Mnt Goat Voting for the new Iraq president is now done and that makes two out of the three presidents now seated. Fuad Masum wins the post of President of the Republic of Iraq. We now await for the speaker to announce the next session when they will vote for the new PM. When this occurs, and if successful, we will be in an excellent window to finally see the international rollout of the IQD. The question I have now is – What is the new target date for voting on the new prime minister? [post 1 of 2....stay tuned]
7-24-2014 Newshound Guru Tlar a vote was taken in parliament and the Kurdish nominee, Faud Masum was elected to be President of Iraq. They are in the process now of electing his VP's, a Shia and a Sunni, and then by law he has 15 days to nominate the Prime Minister position. In reality that should not take 15 days as the deal for Prime Minister is kind of like the deal was for the Presidency in the coalition. It is more likely he will nominate the PM position late today or tomorrow. Jubouri is pushing this along very quickly. No word yet as I write this whether Maliki has officially resigned. Also no word on the budget as of yet... Its all good and just as we had hoped for...this will be over soon. I personally think parliament will reconvene before August 5th but that is just a guess and I know it goes against logic seeing as how the parliament has officially adjourned until then. There is still work to be done.
7-24-2014 Intel Guru Mnt Goat From my perspective everything now in the election process has settled down and we are seeing real progress and its all on track. Remember that technically the IQD has already revaluated in- country and we are just waiting for the final rollout to the international financial sector. The CBI has stated many times that they fully intend to complete the rollout process in the coming weeks and so I believe this is their intent and I see no reason now (with more and more stability in Iraq everyday) that this would not happen according to their new plan. Iraq can not move forward in all the required financial sectors of the international community with the lowest artificial currency rate they have had in 50 years. Things can now move forward quickly and will. [post 2 of 2]
7-24-2014 Intel Guru Mnt Goat They must choose a president within 30 days of electing a speaker. The clock started ticking on 7/16. I believe they will have the president announced tomorrow 7/24, as advertised. They will then tell us the date for the next session to vote on the prime minister. They must nominate a new prime minister within 15 days of the president's election, so this will bring them to a constitutional deadline to seat the PM by around the first week in August. I strongly believe they will have a vote in the next session which will be a week from today 7/23 and not have to wait till August. The PM will be seated at that time. [post 1 of 2....stay tuned]
7-24-2014 Newshound Guru Tlar Parliament did not waste the time though because Jubouri went right to work on the budget setting up committees to make sure it is ready quickly. He became my hero today...he has only been in office since last Sunday and he is pushing everything along as fast as humanly possible given all the roadblocks Maliki and the SOL keep throwing at him. Of other note it appears Maliki has finally resigned per an article that came out late today... We are attempting to get verification from other sources but it looks to me as he finally is out of the picture. Things are going very well and it is even expected that the nominees for PM will be introduced tomorrow [Thursday] by the new President. Things are moving very quickly. I am keeping my fingers crossed that this is almost over. [post 2 of 2]
7-24-2014 Newshound Guru Tlar Jubouri postponed the introduction of President Nominees and the vote on the vote 24 hours. He did this because the Kurds had 2 nominees and Jubouri did not want to see the potential for a screw up in votes. Jubouri not wanting to take that chance, postponed the vote 24 hours with instructions to the Kurds to come back with a single nominee. So this afternoon the Kurdish block voted by themselves in secret ballot to choose a nominee that represents all Kurds as the nominee for president. Smart move by Jubouri. The Kurds are now prepared and they can have the vote in parliament tomorrow assuring that the SOL's nominees will loose and the Kurdish nominee will get the PM job. [post 1 of 2....stay tuned] 7-23-2014 Intel Guru Okie_Oil_Man HOPE THE INFORMATION FURNISHED ME JUST LATELY IS ACCURATE. I AM ONLY A MESSENGER.--INFORMATION STATED TOMORROW OUR BLESSING SHOULD APPEAR...I HAVE RECEIVED SO MANY FALSE SCARES PREVIOUSLY THAT IT IS HARD FOR ME TO ACCEPT REALITY WHEN IT IS PRESENTED TO ME. AS OF RIGHT NOW I AM VERY THANKFUL AND ANTICIPATE TOMORROW AND WILL RECEIVE GRATEFULLY OUR BLESSING. AS ALWAYS----TIME WILL PROVE INTEL---
7-23-2014 Newshound Guru Stryker The Speaker of the House gives the Kurds 24 hours to pick one candidate for President. Parliament's 5 session will be held tomorrow to vote in A new Iraqi President. The Speaker of the House votes on a temporary committee to pass the 2014 Budget.
7-23-2014 Newshound Guru Chattels Article: "Parliament forms committee to speed up endorsing Budget Law Wednesday, 23 July 2014 20:59 Baghdad (AIN) -Parliament approved forming a committee to speed up the ratification of the budget law draft. Parliamentary source said to AIN "The parliament has voted on a proposal to form a committee to follow up the endorsement of the budget." it is the first article that i have seen confirming that a committee has been formed. [When is the deadline to chose a POR and/or PM?] there is some talk of a deadline for the Presidency on tomorrow and the PM 15 days thereafter.
7-23-2014 Intel Guru Tony [via Adept1] They said they would announce the President this morning and now they are saying they will do it on Thursday or Friday. They are announcing that on the news. Yesterday they said there was a new PM, but didn’t say who it is. This morning they went in to take the Parliament vote; it was delayed two hours. We are waiting for the results now. Obviously things are great and we’re excited where they are. We are hearing nothing but good information at this time. There is a plan and everyone is happy with the plan. They are determining the timeframe with a few tweaks to make this happen.
7-23-2014 Intel/Newshound Guru Poppy3 MEETING TODAY IN GREEN ZONE OF BAGDAD DID NOT CLOSE TILL AFTER 9PM THIS EVENING. THEY CONTINUED AFTER THE OFFICIAL MEETING WAS OFFICIALLY CLOSED AT 4:30 PM. THEY ARE THERE TO MAKE AGREEMENTS AND MOVE FORWARD IN AGREEMENT WITH WHAT WILL BE DONE TOMORROW...THIS IS AWESOME AND IS ALL POSITIVE. ... I USUALLY DON'T GET THE INFORMATION TILL LATER IN THE AFTERNOON BUT THE SOURCE THOUGHT THIS WAS VERY TELLING THAT THEY WERE ALL STILL BEHIND CLOSED DOORS. THE COMPLETION OF THE GOI MAY BE OVER AS SOON AS TOMORROW. THEY ARE MAKING PROGRESS AND PUSHING FORWARD, WOW... BE READY FOR THE END OF THE MONTH.
7-23-2014 Intel Guru DC [via Adept1] There was a bad bombing in Baghdad and that delayed Parliament, but we should still get some announcements today. Parliament, CBI, border security are all ready. Maliki is physically in Iraq, and would like the honor of doing the RV announcement, but will probably not get PM or anything else, so he is pushing on issues relating to the announcement. The CBI is connected to all the banking systems, and everything is ready in Iraq. They are just waiting on announcement times. The UN Security Council is happy with all the people selected, like they were last week as well. In DC, everyone is ready at the IMF and the UST... Everything is nicely tuned up and waiting on the announcement of the RV and the Presidency and PM. They should occur at the same time or close to it. There are official plans ready to be implemented, and we just have to see how those turn out.
7-23-2014 Newshound Guru Adam Montana To further address the issue of moving forward in picking a PM, forming government, and just general progress - Ban Ki-moon (United Nations Secretary General) will be in Baghdad tomorrow. While we obviously don't have an RV yet, the big picture remains one of progress and resilience. As we approach the end of Ramadan and we continue to see positive action in Parliament/GOI/etc, I continue to stay hopeful that we're on the edge of something big, and soon. [post 2 of 2]
7-23-2014 Newshound Guru Adam Montana Forward motion on the budget, which says to me that in spite of the issues with ISIS and lack of a chosen PM, Iraq is still moving in the right direction. One of the questions I'm getting a LOT is "Do they even have to ever pick a new PM?!" I guess they don't have to make any kind of decision, but they are moving forward with the process and it's on pace to be done around the end of the month, which is also right in line with end of Ramadan. [post 1 of 2....stay tuned]
7-23-2014 Newshound/Intel Guru BGG To review: Parliament has been sworn in. There is a new Parliament, there is a new functioning government. They have taken some positive steps & they may move farther than anyone believes tomorrow [Wednesday] or shortly after. I believe Maliki had the 100 people nominate themselves for the President of the Republic to somehow game the system and if you have to resort to "game the system" tactics then you are not in very good shape. They are doing a secret balloting and it is critical to the process. I think this is how they will get rid of Maliki. They don't want anyone being intimidated. I am very encouraged. We are in the waiting mode right now. We are waiting for the President of the Republic & soon after the PM nominations. Once the POR and the PM are seated we should see economic reform and currency reform shortly after.
7-23-2014 Newshound Guru wmawhite ...it is not that the rate is in the budget...instead, the status of the IQD has to change in order for the budget to be effective.
7-23-2014 Newshound Guru Kaperoni Article: "Parliament will vote on the four candidates for prime minister" This is the time when Maliki is at his best. Some of these new MPs will get a cash gift tonight. Or, some of the MPs will be told their wifes and children could be missing tomorrow. Having a vote in parliament that includes Maliki's name is not a good thing. Where something can go wrong it usually does.
7-23-2014 Intel/Newshound Guru Poppy3 THERE MAY BE TIME ISSUES BUT WE ARE IN THE FINAL STRETCH OF OUR WAIT...THE NEWS TONIGHT SAID...THINGS HAVE BEEN AGREED ON FOR TOMORROW [WEDNESDAY]. IT WILL BE A VERY ACCOMPLISHED NEWS. GET READY FOR TOMORROWS GREAT NEWS...HUGE STEPS WILL HAPPEN TOMORROW. 7-22-2014 Newshound Guru Tlar That event being the budget itself being made retroactive back to an agreed specific start date. That date could end up as January 1st or April 1st. It makes no difference given the importance of the project. Once the budget is passed I believe we will see the RV but that is based on what the Finance committee told us in November of last year about how they wrote the budget. I believe for the first time the RV and budget are together also acknowledging this is the first time ever we were told in advance that the budget for 2014 was written in a rate different from the 1166 we have come to know and love by the guys who wrote it. [post 3 of 3]
7-22-2014 Newshound Guru Tlar Why would they write a budget that is for a different value than the value of the present dinar? To coordinate the budget with the CBI's change in value of the currency is the short answer. The CBI and the Finance committee have been planning this project since 2010 and it would make sense that they would work together using specific amounts and specific start times based on dates or events. It is my belief this is now based on an event more than a date because the date is a moving target and passing the budget will be a fixed event. [post 2 of 3....stay tuned]
7-22-2014 Newshound Guru Tlar I will tell you what I believe...The Finance committee wrote this budget. They told us in three articles in November of last year that they wrote it at a different rate for 2014 than the 1166 that the dinar was at. They also stated based on the new rate they sketched out the 2015 and 2016 budgets...this is the first time we have ever seen in articles them stating that this budget has a different rate change in it. If it does have a rate change then logically the dinar value has to equal that change because this is Iraq and their budget will be written in dinars. It is vital that the budget and the money reflect the same value. [post 1 of 3....stay tuned]
7-22-2014 Newshound Guru wmawhite [Why would they build this economic infrastructure to operate at 1166 forever?] actually, Iraq can never do those things/investment that Iraq needs at 1166...there has never been enough IQD printed to pay the world at 1166.
7-22-2014 Newshound Guru Tlar ...if they can do two readings of the budget this week as Jubouri wants to do we will be in a good position to RV. Keeping my fingers crossed.
7-22-2014 Intel/Newshound Guru tman23 I believe 110% we are going to see a POR elected tomorrow...No Delays into August...But of course we will know in less than 36 hours! [posted @ 2:39 PM]
7-22-2014 Newshound Guru wmawhite [i think folks are getting upset wondering about this investment...some are thinking its gonna be a long time or not at all...what can you tell us please?] when I invested Dr. Shabibi would never ever tell me the date nor the rate. Of course, I never had the opportunity to ask him. However, starting last June and leading up to the removal of sanctions, Iraq spoke a lot about returning their currency to greatness. Nothing has changed. Each day it becomes more and more important for the CBI to move forward with the IQD. [...they just need to revalue their currency then, huh?] yes they do! It is a timing issue now...not an "if" issue.
7-22-2014 Intel/Newshound Guru tman23 "Legal expert known as Tariq Harb, was ruled not to be a Parliament session to vote on the election of the President on schedule on Wednesday after completing numerous actions, and said that the election of the President of the Republic will not be on 23 July but in August..." Appears that many don't want a vote taking place on Wednesday for the POR...It's going to be a huge Wednesday in Iraq...
7-22-2014 Newshound Guru Aggiedad77 Article: "The province decides to pay the salaries of its employees in U.S. dollars instead of the dinar" this is BIG NEWS IMO...it proves the Kurds have actually taken control of the money...the revenue that has been generated from the sale of their oil earlier in May and June...if they are paying in USD from what was in the Turkish banks...once again they thumb their noses at the Baghdad government... specifically to Maliki's government.
7-22-2014 Newshound Guru Tlar More good news... Jubouri is trying to get 2 readings done this week on the budget. At the speed he is going he might even do them on the same day setting up a vote to follow the readings. By Iraqi law for a bill to become law as in the budget, it must have 2 readings, then a vote, then be published in the Gazette. I will watch closely and report any progress on the budget. It is my belief that if the budget is passed and the President and VP's are seated, Turki will pass monetary change. The PM position is going to go to the coalition but it must be seen as a peaceful transition of power and may take a little longer but because of the overwhelming superiority of the coalition numbers it will come out right. I believe if all goes well tomorrow, Turki and the international folks will probably consider it done. [post 2 of 2]
7-22-2014 Newshound Guru Tlar Tomorrow is shaping up to be very interesting. Jubouri the new POP is making some super moves. He is in the process of changing the rules of procedure to make sure this is not dragged out. He is being quoted that there will be a vote on the Presidency tomorrow. I believe they are being coached in the parliamentary system by the Brits.. They are having meetings with them and the moves they are making are artful while still staying within the boundaries of the constitution. The presidency will go to the Kurds as it is part of the overall deal to diversy and be inclusive. The Kurds may actually end up submitting two names but Salih will be the one that Barzini favors. I expect we will see a new president an 2 vice presidents by tomorrow afternoon. [post 1 of 2....stay tuned]
7-22-2014 Intel Guru tman23 Tomorrow (Wednesday) Parliament is going to vote for the POR by secret ballot. The Kurds have been directed to introduce one nominee, thus a reason for Mustafa and Barzani to visit Talibani today. Barham Saleh was selected and agreed to by Barzani and the USA to be the POR 18 months ago. That said; IMO, if Saleh takes the POR post the "plan" is in motion and on track to what was coordinated 18 -20 months ago...Tomorrow we just may see the SOL nominations for PM...which will be between Tariq Star and Shahristani.
7-22-2014 Newshound Guru Millionday [Is it not correct nothing will happen with the rate until maliki is totally gone?] I HAVE NOT SEEN THAT IN INK FROM CBI – THEY HAVE THE ABILITY TO CHANGE THE VALUE AND SET THE EXCHANGE RATES WHEN THEY WANT TO NOW THAT THEY HAVE APPROVAL OF THE MONETARY POLICY THEY HAVE IN PLACE... [Is it your opinion this will be a float or a fixed rate?] I BELIEVE THAT THE BEST FOR IRAQ WOULD BE A MANAGED FLOAT FOR AT LEAST SIX MONTHS BUT...THEY HAVE NOT RELEASED THAT INFO YET. [where do u think a managed float would start at monetary wise, IYO?] I DONT KNOW THE RATE BUT WOULD THINK THAT A 2% FLOAT ONE WAY OR THE OTHER WOULD BE THE MANAGED AMOUNT IF IT GOES HOW IT LOOKS TO ME TO BE THE BEST RESOLVE BUT DONT HAVE THIS IN INK... [post 2 of 2]
7-22-2014 Newshound Guru Millionday [considering they are transforming to a new market, what is the suspected time line for a reality rate adjustment to meet the transition...?] WHEN THEY MOVE TO A GLOBAL MARKET ECONOMY THEY WILL HAVE TO HAVE A PRICE FOR THE DINAR THAT IS A REALITY AND CALCULATED VALUE FOR THE PRICING INDEX IN THE COUNTRY AND ALSO THE ISX AND ESX AND ALSO THE GLOBAL MARKET FOR EXPORTS AND IMPORTS AS WELL. [Its very little doubt we’ll see a rv in July?] I DONT KNOW THE DATE BUT SEE THAT IT CAN HAPPEN AT ANYTIME – NOTHING IS KEEPING IT FROM MOVING FORWARD WITH THE INDEPENDENCE THAT CBI HOLDS – AT THE SPEED THEY ARE GOING IT HAS TO BE PUT IN PLACE TO MOVE TO THE MARKET ECONOMY THEY ARE TALKING ABOUT AND ANNOUNCING TO THE CITIZENS. [post 1 of 2....stay tuned]
7-22-2014 Intel/Newshound Guru Poppy3 RAMADON ENDS ON THE 28TH AND THEN THEIR BIGGEST HOLIDAY, WHICH IS GIVING DAY, IS THE 29TH AND NO ONE WORKS ON THAT DAY. IT'S LIKE THEIR CHRISTMAS AND THEY GIVE GIFTS ALL THAT DAY TO ONE ANOTHER. PERHAPS THAT GIVING WILL INCLUDE YOU AND I THIS YEAR.
7-22-2014 Newshound Guru Aggiedad77 Article: "Finance Minister calls for passage of the budget as soon as possible" The Iraqi Finance Minister is calling for Parliament to make the budget its highest priority.....the applicable committees need to get into high gear to make this happen.
7-22-2014 Newshound Guru Millionday they are stating that the budget will be addressed wed [Wednesday] along with the presidency...they have said that the two readings are done and they were considering with some very important laws just to vote them through and listed the budget as being one of them -- so if they dont change their mind they may just vote it through -- the constitution gave them 30 days from parliament seated to have PM in place and 15 days from elected in officers of parliament which is the 23rd if i remember right.
7-22-2014 Intel Guru tman23 Article quote: "the Liberal bloc MP revealed Friday the Diwan, on Monday, that his vote on the Kurdish nominee for President of the Republic, with the nomination of Chen represents the State of the law and does not represent the national coalition." AGAIN THE SOL ATTEMPT TO CREATE A SITUATION THAT THEY CAN DELAY THE ELECTION OF THE PRESIDENT BY ADDING A CANDIDATE AND PULLING VOTES SO NO CANDIDATE HAS A MAJORITY TO BE ELECTED. 7-21-2014 Intel Guru DC [via Duke] ...we understand every position is picked out and ready to go. The UN Security Council is okay with everybody they've picked. They are waiting for specific timelines - 2 they are working on. They have been trying to hold off until the 3 main positions are released. CBI, new speaker, PM, etc. are all ready. Iraq is ready to go....they have been ready. It's now just a coordination schedule with everyone else. There are a little bit politics being played about when it gets revealed. Quite simply, that's what we're waiting on. It could be anytime now.
7-21-2014 Newshound Guru Tlar He has attempted to borrow from the reserves on numerous occasions the last time being when the 2014 budget wasn't passed, he wanted to borrow the money to keep the government running. He has a history of attempts to get his hands on the reserves and it is my belief that Turki got therm out of the country to safe guard them from Maliki, not the ISIS. If he had been able to bust the reserves and use them for whatever, we most likely would not be discussing this today as he would have destroyed the plan if he could. [post 2 of 2]
7-21-2014 Newshound Guru Tlar [What measures, if any, have been taken to ensure that M [Maliki] can't just go in and get his grubbby little paws on the CBI reserves as he has done in the past...if he is not 100% removed?] Maliki never stole the reserves. He borrowed 5 billion personally from the CBI when Shabibi was in charge and never made a payment nor has he returned the money. Then for the last 6 years he has tried to get to the reserves saying he needed them for projects and infrastructure all of which were just excuses. He started a campaign in his government for calls to give the reserves to the government as he was accusing first Shabibi and then Turki of ineptness and theft. [post 1 of 2....stay tuned]
7-21-2014 Intel Guru TNT Tony [via Duke] There are still meetings going and all those people are still getting together to make final decisions. There was no hold-up, fuss or fight. Just final decisions, some of what need to be made today. There's really not that much more to say. Banks have been ready for months and months now. Final plans are being laid out. The IMF is ready. BIS is ready. World Bank is ready. Iraq definitely has everything they need, from their banking system to the QI Cards, to the GOI, speakers, PM, president, etc. It's all got to be coordinated to that one hour so speculators don't jump on it. That's really the fine point. Others can say this and that has to happen, but most of those things have already happened. ...I can tell it can be at any time. 99% of the people involved are ready and are trying to decide the best time.
7-21-2014 Intel Guru Bluwolf we are waiting for the new PM to be announced as seated…from that point on then and only then will we expect this rv. the parliament is all done, the budget approved, all we now need is the announcements of the the president and two pm's and we are through. i do not give out rates or dates but its high,very high...its coming. very swiftly and unannounced.
7-21-2014 Intel Guru Mnt Goat They must choose a president within 30 days of electing a speaker. The clock started ticking on 7/16. I believe they will have the president announced on 7/23. As the president of the parliament, Salim al-Jabouri opened the door for nominations to the presidency for a period of three days starting on Wednesday (16/07/2014). So far I have heard all the nominations for president were sent to parliament on time. They must nominate a new prime minister Within 15 days of the president's election, so this will bring them to a constitutional deadline to seat the PM by first week in August. Finally we not only see the light at the end of the tunnel but we are beginning to feel daylight and it feels very good for the people of Iraq and for us as investors in Iraq. There is a new government being formed, free of the Iranian influence and Maliki tyranny.
7-21-2014 Newshound Guru Kaperoni Let's go Article VIII! I really believe Article VIII is coming this year. When you look back at the 2013 Article IV Consultation, the IMF called for the CBI some 5-6 times to move to Article VIII in that report. IMO, the reason they have held off on the 2014 report is to give the CBI time to accomplish this request. This article is very "matter of fact" with this statement..."He pointed out during his speech for the "morning" that this trend will strengthen the position of local trade internationally, after the currency gained international acceptance process,..." Quote: "pointing to the importance of activating the measures adopted in the present time.." They mean now! my optimism is good but I don't forget the government needs to be formed, laws need to be passed, and they need to get control of the terrorism.
7-21-2014 Newshound Guru Tlar Maliki just won't go away. He now is trying to obstruct the voting for president by nominating a bunch of guys from the SOL which he intends to run one after another in an attempt to stall the process. We have already seen an article where the SOL is stating Wednesday they should just introduce the nominees not vote on them. I'm sure they would love to postpone another week the actual vote. He claims is trying to punish the Kurds for their "polices" but the truth is different. He is just trying to stall the process of building the government.
7-21-2014 Intel/Newshound Guru Poppy3 I HAVE SAID JUST LIKE THE IMF WEB SITE STATED IN 2010, THEY APPROVED $3.22 PLUS UP TO 20% MORE FOR INFLATION MEANING UP TO $3.86. EVEN THOUGH THEY HAVE FOUND MUCH MORE RESERVES THAN AT THAT TIME...I STILL SUSPECT WE WILL SEE A RATE WITHIN THAT RANGE. [post 2 of 2]
7-21-2014 Intel/Newshound Guru Poppy3 NO OFFICIAL WITH THE CBI OR IMF HAS EVER STATED ANYTHING ABOUT A FLOAT...THEY WANT A FIXED RATE THEY CAN MAINTAIN FOR 24 TO 36 MONTHS TO ALLOW FURTHER STABILIZATION OF THEIR ECONOMY WITH THE NEW RATE. THE IMF AND CBI HAVE ALWAYS SAID THAT THEIR RATE WOULD BE THE MOST VALUABLE IN THE MIDDLE EAST MAKING IT THE MOST VALUABLE IN THE WORLD BECAUSE AT PRESENT THE KUWAIT DINAR IS THE MOST VALUABLE IN THE WORLD @ $3.58 LAST TIME I CHECKED ABOUT A MONTH AGO. [post 1 of 2....stay tuned]
7-21-2014 Newshound Guru Aggiedad77 Article: "Mehdi al-Hafez: positive movements of the adoption of the budget" Simply put, it is believed the 2014 budget can be approved and that there will be a serious endeavor and attempt by the Parliament to do so...even before the complete formation of the government.
7-21-2014 Intel Guru Mnt Goat Many of us expect this week to be a pivotal week in the revaluation of our dinar investment. I have to tell you I think it will be but not in the context of a revaluation announcement as most think will happen. Also do not expect other major announcements all happening on Wednesday as some believe it will happen. We are going to have to wait yet another week for the PM voting process to play out and then we have a very, very good window following that next session on 7/30 to see our RV. Remember also they have not formally announced the next session after Wednesday’s so it could be bumped up or moved out further. Let’s see what happens. [post 2 of 2]
7-21-2014 Intel Guru Mnt Goat we have waited anxiously for he next session of parliament to decide the next “president” if Iraq...this is now the actual presidential position (outgoing Talibani) they will now be voting on along with his two vice presidents in Wednesday’s session. I strongly believe that these are the only positions they will be voting on in Wednesdays session. They will then take one more week to put the presidents cabinet together and solidify the nominations for the prime minister, the last of the presidential vacancies to fill. This is what I am hearing from my Iraq contact. [post 1 of 2....stay tuned]
7-21-2014 Newshound/Intel Guru BGG [how close r we do u think?] fairly close - however, I don't think I'm ready to quit watching the news daily (just yet).
7-21-2014 Newshound Guru Chattels This parliamentary election process may go on for awhile and there is nothing which says that when there is a next and fully seated GOI that our liquidity event will occur. Manage your expectations. This is a distance run of indeterminate length. Pace yourself. Allow for the unknown unknown
7-21-2014 Intel/Newshound Guru Poppy3 SOMEONE ASK ABOUT THEM PASSING THE HCL BEFORE THE RATE. THEY CAN'T IMPLEMENT THE HCL WITHOUT THE RATE BECAUSE THE HCL WILL BE FUNDED THROUGH THE RV. THE RV HAS TO HAPPEN BEFORE THE HCL CAN BE IMPLEMENTED, ALSO THE TARIFF LAW IS THE SAME WAY. I SUSPECT THE BUDGET WILL BE OPENED THEN THE REST OF THE LAWS WILL FOLLOW. I DON'T THINK THE RATE IS IN THE BUDGET BUT THINK THEY WILL NEED THE RATE ANNOUNCED TO FUND THE BUDGET. TIME WILL SHOW THE FACTS SOON.
7-21-2014 Newshound Guru Millionday this was a press statement to the citizens this morning [Sunday]. Quote: "...financial expert Ali Fukaiki importance of adopting measures trade in local currencies across the border for its role in facilitating the smooth flow of traffic of goods and international cargo across the countries that adopt this process." they are announcing the trade of currencies with other countries which will require a reality rate. they are starting international trade with the dinar...they will become internationally recognized through the process of acceptance because of the reserve they have to back it up. they are calling for it to begin now due to its demand and the supply they have to back it up...the rate is not changed right now but they are asking for it to be activated now according to this.
Read more: http://www.dinarguru.com/#ixzz38bup5kHw
7-25-2014 Intel/Newshound Guru Tlar …With a push of a button and a quick phone call, the buy is accomplished without a visit to the bank. Plus there is no negotiation for the bank because everybody who has already pre-agreed to sell their dinar somewhere between 3 and 4 dollars and the bank can charge them full fees… fees of 5% or more is a boat load of money the bank will make on this. I see them trying to lock in the business. [Post 3 of 4 Stay tuned for the rest of the story]
7-25-2014 Intel/newshound Guru Frank26: … We feel the IR ( International Rate) is ready ...Been ready ...But there is No One to delivery it to. LOOK ..... STUDY Turki's FIRST sentence in this article. Grasp the understandings under which conditions/parameters Turki WILL lift the 000's. The Steps we are seeing right NOW are the vital signs to an IR. 02/05/2014 12:04 BAGHDAD: The governor of the central bank and agency Abdel Basset Turki, saidFriday that the project raise zeros from the Iraqi currency will not be applied, except in the case of the stability of political and economic situation of the country, denying the issuance of a new decision of the Bank in this regard. said Turkish for "tomorrow Press "...
7-25-2014 Intel/Newshound Guru Tlar …I personally talked to the guy and he was no starry eyed dummy. So I called my contact who would not give me the rate but said he knew the rate. I told him it was $3.71 and he asked me who it was I heard that from…He was absolutely astonished that I knew the rate but he confirmed it, $3.71. ...So putting everything together I have come to two conclusions. These banks stories we have been hearing…probably have some substance to them. But the fact that most are reporting that the bank is offering between 3 and 4 bucks with no guarantees as to fees or costs, and people can't wait to jump in. It makes sense to me because it removes those people from showing up at the bank with thousands of other people on d-day waiting to be cashed out…[Post 2 of 4 stay tuned for the rest of the story]
7-25-2014 Intel/Newshound Guru Tlar I have always thought it [rate] would be 1.16 or .86 cents. I am as baffled…because it is much higher than I have ever thought. I even went through the thinking process of how they could justify the 86 cents. But I have now heard from too many people with dinars at banks waiting on being funded between $3.00 to $4.00 and one person …knows the guy who will sign off on the buy from B of A once they get the ok from the Treasury. ...another person, a twenty year friend…was having a lunch with a business associate and they started talking dinars for the very first time. My friend is a retired CFO of a company here in Dallas. His friend, another accountant type, told him he was in a group that had deposited their dinars (over a billion) with another major bank and was expecting to be cashed out today at $3.71. I personally talked to the guy... [Post 1 of ??? stay tuned for the rest of the story]
7-25-2014 Newshound Guru Millionday [they seem to be getting on with so much, ports, banking etc but when do you think they will get to the point where they can't do anymore without rving?] they claim to be activating the economic reform and that includes the monetary reform...the timeline is up to them but they certainly are preparing with the passage of many laws and the market as we have seen. this is not a bad time to be following the news to say the least.
7-25-2014 Intel Guru Mnt Goat I checked in with my CBI contact too today and all is ready to rollout the final parts of the international rates to the world. They are just waiting for the “go ahead” from the USA UST and the UN. The current outgoing GOI no longer has any influence. However they would like the NEW PM to sign off on it when seated. So I think these are all good signs that we are very close. I do not believe we will see any RV this weekend. [post 2 of 2]
7-25-2014 Intel Guru Mnt Goat The next session date announced by Al- Jabouri yesterday simply stated the adjournment of parliament is until August 5th. He did not mention that they would be voting on the prime minister at that time. This leads me to believe strongly that he intends to call in another session prior to August 5th if and when they get all to agree on the candidates for prime minister. I think the Aug 5th date is just the farthest out target date being that it is just 3 days from the 15 day constitutional limitation. This also leads me to believe that in fact, as of today, this is not a done deal...The RV is not going to happen this weekend! [post 1 of 2....stay tuned]
7-25-2014 Intel Guru Delta THE STATE DEPARTMENT AND WASHINGTON TIMES ARE WRONG!!! MALIKI WILL WIN IT AGAIN... I WILL BET STATE DEPARTMENT ALL MY DINARS. WE SHOULD KNOW ABOUT PM NO LATER THAN 08/09.
7-25-2014 Newshound Guru Millionday Article: "news agency "Reuters" Thursday 24 \ 7 \ 2014 data from the satellites tracking the movements of ships, showed that a tanker carrying crude oil from the Kurdistan region after only two days of access to the port in the United States." Quote: " Carlos Pascual, head of the Office of Energy of the U.S. Department of State, told Reuters, that "there is no change in Washington's policy toward the Kurdish independent oil sales..." IF THE US IS AGAINST THE KURDS GOING AGAINST THE RULES OF THE CONSTITUTION AND THE FED GOV ON OIL -- THE HCL MUST BE ON THE WAY, IMO.
7-25-2014 Newshound Guru Tlar The PM position is a tricky one to resolve. Nobody envisioned that the SOL leadership would still be backing M [Maliki] by this point. Everybody has tried to get him to quit yet he hangs on. He just tried to get the courts to declare the SOL as the largest block. It is not. Also they are still meeting. The news coverage makes it sound like they have adjourned because that's the way Jubouri wants it. You can forget the August 5th date. That also is there as a backstop date and as soon as this issue is resolved, they will call for the nominee and vote. This should be over before August 5th. I have some pretty strong evidence IMO to support my view that the rate will be on the upper side of $3.50. We need a budget and a PM and an RV, period. All three are within sight and are being done while we watch. We are so very close. IMO it would take some extraordinary unforeseen event to stop this at this point. This has been well planned out. We are seeing the finish of this investment everyday now.
7-25-2014 Newshound Guru Administrator Bob Over the last several days dinar or banking articles have begun to surface indicating that once again economic experts are pushing for reform. As well, parliament elected the President of Iraq which sets a timetable of 30 days or less to chose the next Prime Minister.
7-24-2014 Intel Guru Blaino We still hear the supporting events that will usher in the gcr, re-val, etc., could develop within the coming week! Apparently, the currency speculators among us may have reason to be truly excited from what we are hearing. Some are saying that the completion of the seating of the new government and officials are the final pieces to the puzzle that will usher in the new Iraq, including its position as the country with the highest asset backed currency value on the planet. Some of our intel purports a sooner rather than later stance...
7-24-2014 Intel Guru EXOGEN Based on Iraq Constitution they have 15 days, but we seriously doubt it will go that far because everything is completed already behind the scenes. NONE OF OUR INTEL CONTACTS HAVE SAID IT WILL GO ANOTHER 15 DAYS.
7-24-2014 Intel Guru Okie_Oil_Man review my post as of yesterday. I am going through my pre-landing check list as i speak.--will post more later...
7-24-2014 Newshound Guru tlm724 Article: "Formation of a committee to resolve the budget in 2014" noting that the committee is required to submit its report on the budget within two weeks from the date of its formation ...*hallelujah* I like seeing Jubouri putting time limits on things! He is cracking the whip!
7-24-2014 Newshound/Intel Guru BGG Article: "Alsumaria News / Baghdad Voice of Iraqi Council of Representatives, on Thursday, on the choice of MP Fuad Masum, president of the Republic of Iraq by a majority vote of those present..." this is REALLY looking good. Jubouri has this thing in high gear...the Aug 5th date is for vice-Presidents (to Masum) then PM is sometime after that.
7-24-2014 Newshound Guru Adam Montana [Iraq waited too long to RV didn't they?] I don't believe so at all. In fact, the opposite - if they had RV'd too soon they could have severely sabotaged their ability to maintain the new rate, and that wouldn't have been good for anyone.
7-24-2014 Newshound Guru Stryker After a long day in Parliament Iraq has a new President and his name is Fuad Masum, a well respected Kurd with the vision of a National Non Sectarian Unity for Iraq. Article Quote: "the constitutional period to choose a prime minister is 15 days after the selection of the president." 15 Days Now To See A New Prime Minister...Now the Speaker of the House of Representatives calls on the new elected President to announce the largest bloc and for them to assign their nominee for Prime Minister. Parliament will reconvene on the 5th of August to vote in a new Prime Minister. We are now down to days and not months, when we see a new government formed completely that will implement many changes in Iraq. With the right GOI I believe Turki will finally be able to launch the project that will change the lives of many in the world.
7-24-2014 Intel Guru Mnt Goat I also believe, and so I am also hearing from my sources, that the budget passing and opening must coincide with the prime minister being seated and with all his cabinet. Remember the RV does not depend on the budget but the budget needs the RV when opened...technically the budget must coincide or come later than the RV. However I do not think they want to delay the budget anymore than they have to and so they are also trying desperately to coincide the two events. This is why we are hearing now the great rush to get the budget passed... I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. [post 2 of 2]
7-24-2014 Intel Guru Mnt Goat Voting for the new Iraq president is now done and that makes two out of the three presidents now seated. Fuad Masum wins the post of President of the Republic of Iraq. We now await for the speaker to announce the next session when they will vote for the new PM. When this occurs, and if successful, we will be in an excellent window to finally see the international rollout of the IQD. The question I have now is – What is the new target date for voting on the new prime minister? [post 1 of 2....stay tuned]
7-24-2014 Newshound Guru Tlar a vote was taken in parliament and the Kurdish nominee, Faud Masum was elected to be President of Iraq. They are in the process now of electing his VP's, a Shia and a Sunni, and then by law he has 15 days to nominate the Prime Minister position. In reality that should not take 15 days as the deal for Prime Minister is kind of like the deal was for the Presidency in the coalition. It is more likely he will nominate the PM position late today or tomorrow. Jubouri is pushing this along very quickly. No word yet as I write this whether Maliki has officially resigned. Also no word on the budget as of yet... Its all good and just as we had hoped for...this will be over soon. I personally think parliament will reconvene before August 5th but that is just a guess and I know it goes against logic seeing as how the parliament has officially adjourned until then. There is still work to be done.
7-24-2014 Intel Guru Mnt Goat From my perspective everything now in the election process has settled down and we are seeing real progress and its all on track. Remember that technically the IQD has already revaluated in- country and we are just waiting for the final rollout to the international financial sector. The CBI has stated many times that they fully intend to complete the rollout process in the coming weeks and so I believe this is their intent and I see no reason now (with more and more stability in Iraq everyday) that this would not happen according to their new plan. Iraq can not move forward in all the required financial sectors of the international community with the lowest artificial currency rate they have had in 50 years. Things can now move forward quickly and will. [post 2 of 2]
7-24-2014 Intel Guru Mnt Goat They must choose a president within 30 days of electing a speaker. The clock started ticking on 7/16. I believe they will have the president announced tomorrow 7/24, as advertised. They will then tell us the date for the next session to vote on the prime minister. They must nominate a new prime minister within 15 days of the president's election, so this will bring them to a constitutional deadline to seat the PM by around the first week in August. I strongly believe they will have a vote in the next session which will be a week from today 7/23 and not have to wait till August. The PM will be seated at that time. [post 1 of 2....stay tuned]
7-24-2014 Newshound Guru Tlar Parliament did not waste the time though because Jubouri went right to work on the budget setting up committees to make sure it is ready quickly. He became my hero today...he has only been in office since last Sunday and he is pushing everything along as fast as humanly possible given all the roadblocks Maliki and the SOL keep throwing at him. Of other note it appears Maliki has finally resigned per an article that came out late today... We are attempting to get verification from other sources but it looks to me as he finally is out of the picture. Things are going very well and it is even expected that the nominees for PM will be introduced tomorrow [Thursday] by the new President. Things are moving very quickly. I am keeping my fingers crossed that this is almost over. [post 2 of 2]
7-24-2014 Newshound Guru Tlar Jubouri postponed the introduction of President Nominees and the vote on the vote 24 hours. He did this because the Kurds had 2 nominees and Jubouri did not want to see the potential for a screw up in votes. Jubouri not wanting to take that chance, postponed the vote 24 hours with instructions to the Kurds to come back with a single nominee. So this afternoon the Kurdish block voted by themselves in secret ballot to choose a nominee that represents all Kurds as the nominee for president. Smart move by Jubouri. The Kurds are now prepared and they can have the vote in parliament tomorrow assuring that the SOL's nominees will loose and the Kurdish nominee will get the PM job. [post 1 of 2....stay tuned] 7-23-2014 Intel Guru Okie_Oil_Man HOPE THE INFORMATION FURNISHED ME JUST LATELY IS ACCURATE. I AM ONLY A MESSENGER.--INFORMATION STATED TOMORROW OUR BLESSING SHOULD APPEAR...I HAVE RECEIVED SO MANY FALSE SCARES PREVIOUSLY THAT IT IS HARD FOR ME TO ACCEPT REALITY WHEN IT IS PRESENTED TO ME. AS OF RIGHT NOW I AM VERY THANKFUL AND ANTICIPATE TOMORROW AND WILL RECEIVE GRATEFULLY OUR BLESSING. AS ALWAYS----TIME WILL PROVE INTEL---
7-23-2014 Newshound Guru Stryker The Speaker of the House gives the Kurds 24 hours to pick one candidate for President. Parliament's 5 session will be held tomorrow to vote in A new Iraqi President. The Speaker of the House votes on a temporary committee to pass the 2014 Budget.
7-23-2014 Newshound Guru Chattels Article: "Parliament forms committee to speed up endorsing Budget Law Wednesday, 23 July 2014 20:59 Baghdad (AIN) -Parliament approved forming a committee to speed up the ratification of the budget law draft. Parliamentary source said to AIN "The parliament has voted on a proposal to form a committee to follow up the endorsement of the budget." it is the first article that i have seen confirming that a committee has been formed. [When is the deadline to chose a POR and/or PM?] there is some talk of a deadline for the Presidency on tomorrow and the PM 15 days thereafter.
7-23-2014 Intel Guru Tony [via Adept1] They said they would announce the President this morning and now they are saying they will do it on Thursday or Friday. They are announcing that on the news. Yesterday they said there was a new PM, but didn’t say who it is. This morning they went in to take the Parliament vote; it was delayed two hours. We are waiting for the results now. Obviously things are great and we’re excited where they are. We are hearing nothing but good information at this time. There is a plan and everyone is happy with the plan. They are determining the timeframe with a few tweaks to make this happen.
7-23-2014 Intel/Newshound Guru Poppy3 MEETING TODAY IN GREEN ZONE OF BAGDAD DID NOT CLOSE TILL AFTER 9PM THIS EVENING. THEY CONTINUED AFTER THE OFFICIAL MEETING WAS OFFICIALLY CLOSED AT 4:30 PM. THEY ARE THERE TO MAKE AGREEMENTS AND MOVE FORWARD IN AGREEMENT WITH WHAT WILL BE DONE TOMORROW...THIS IS AWESOME AND IS ALL POSITIVE. ... I USUALLY DON'T GET THE INFORMATION TILL LATER IN THE AFTERNOON BUT THE SOURCE THOUGHT THIS WAS VERY TELLING THAT THEY WERE ALL STILL BEHIND CLOSED DOORS. THE COMPLETION OF THE GOI MAY BE OVER AS SOON AS TOMORROW. THEY ARE MAKING PROGRESS AND PUSHING FORWARD, WOW... BE READY FOR THE END OF THE MONTH.
7-23-2014 Intel Guru DC [via Adept1] There was a bad bombing in Baghdad and that delayed Parliament, but we should still get some announcements today. Parliament, CBI, border security are all ready. Maliki is physically in Iraq, and would like the honor of doing the RV announcement, but will probably not get PM or anything else, so he is pushing on issues relating to the announcement. The CBI is connected to all the banking systems, and everything is ready in Iraq. They are just waiting on announcement times. The UN Security Council is happy with all the people selected, like they were last week as well. In DC, everyone is ready at the IMF and the UST... Everything is nicely tuned up and waiting on the announcement of the RV and the Presidency and PM. They should occur at the same time or close to it. There are official plans ready to be implemented, and we just have to see how those turn out.
7-23-2014 Newshound Guru Adam Montana To further address the issue of moving forward in picking a PM, forming government, and just general progress - Ban Ki-moon (United Nations Secretary General) will be in Baghdad tomorrow. While we obviously don't have an RV yet, the big picture remains one of progress and resilience. As we approach the end of Ramadan and we continue to see positive action in Parliament/GOI/etc, I continue to stay hopeful that we're on the edge of something big, and soon. [post 2 of 2]
7-23-2014 Newshound Guru Adam Montana Forward motion on the budget, which says to me that in spite of the issues with ISIS and lack of a chosen PM, Iraq is still moving in the right direction. One of the questions I'm getting a LOT is "Do they even have to ever pick a new PM?!" I guess they don't have to make any kind of decision, but they are moving forward with the process and it's on pace to be done around the end of the month, which is also right in line with end of Ramadan. [post 1 of 2....stay tuned]
7-23-2014 Newshound/Intel Guru BGG To review: Parliament has been sworn in. There is a new Parliament, there is a new functioning government. They have taken some positive steps & they may move farther than anyone believes tomorrow [Wednesday] or shortly after. I believe Maliki had the 100 people nominate themselves for the President of the Republic to somehow game the system and if you have to resort to "game the system" tactics then you are not in very good shape. They are doing a secret balloting and it is critical to the process. I think this is how they will get rid of Maliki. They don't want anyone being intimidated. I am very encouraged. We are in the waiting mode right now. We are waiting for the President of the Republic & soon after the PM nominations. Once the POR and the PM are seated we should see economic reform and currency reform shortly after.
7-23-2014 Newshound Guru wmawhite ...it is not that the rate is in the budget...instead, the status of the IQD has to change in order for the budget to be effective.
7-23-2014 Newshound Guru Kaperoni Article: "Parliament will vote on the four candidates for prime minister" This is the time when Maliki is at his best. Some of these new MPs will get a cash gift tonight. Or, some of the MPs will be told their wifes and children could be missing tomorrow. Having a vote in parliament that includes Maliki's name is not a good thing. Where something can go wrong it usually does.
7-23-2014 Intel/Newshound Guru Poppy3 THERE MAY BE TIME ISSUES BUT WE ARE IN THE FINAL STRETCH OF OUR WAIT...THE NEWS TONIGHT SAID...THINGS HAVE BEEN AGREED ON FOR TOMORROW [WEDNESDAY]. IT WILL BE A VERY ACCOMPLISHED NEWS. GET READY FOR TOMORROWS GREAT NEWS...HUGE STEPS WILL HAPPEN TOMORROW. 7-22-2014 Newshound Guru Tlar That event being the budget itself being made retroactive back to an agreed specific start date. That date could end up as January 1st or April 1st. It makes no difference given the importance of the project. Once the budget is passed I believe we will see the RV but that is based on what the Finance committee told us in November of last year about how they wrote the budget. I believe for the first time the RV and budget are together also acknowledging this is the first time ever we were told in advance that the budget for 2014 was written in a rate different from the 1166 we have come to know and love by the guys who wrote it. [post 3 of 3]
7-22-2014 Newshound Guru Tlar Why would they write a budget that is for a different value than the value of the present dinar? To coordinate the budget with the CBI's change in value of the currency is the short answer. The CBI and the Finance committee have been planning this project since 2010 and it would make sense that they would work together using specific amounts and specific start times based on dates or events. It is my belief this is now based on an event more than a date because the date is a moving target and passing the budget will be a fixed event. [post 2 of 3....stay tuned]
7-22-2014 Newshound Guru Tlar I will tell you what I believe...The Finance committee wrote this budget. They told us in three articles in November of last year that they wrote it at a different rate for 2014 than the 1166 that the dinar was at. They also stated based on the new rate they sketched out the 2015 and 2016 budgets...this is the first time we have ever seen in articles them stating that this budget has a different rate change in it. If it does have a rate change then logically the dinar value has to equal that change because this is Iraq and their budget will be written in dinars. It is vital that the budget and the money reflect the same value. [post 1 of 3....stay tuned]
7-22-2014 Newshound Guru wmawhite [Why would they build this economic infrastructure to operate at 1166 forever?] actually, Iraq can never do those things/investment that Iraq needs at 1166...there has never been enough IQD printed to pay the world at 1166.
7-22-2014 Newshound Guru Tlar ...if they can do two readings of the budget this week as Jubouri wants to do we will be in a good position to RV. Keeping my fingers crossed.
7-22-2014 Intel/Newshound Guru tman23 I believe 110% we are going to see a POR elected tomorrow...No Delays into August...But of course we will know in less than 36 hours! [posted @ 2:39 PM]
7-22-2014 Newshound Guru wmawhite [i think folks are getting upset wondering about this investment...some are thinking its gonna be a long time or not at all...what can you tell us please?] when I invested Dr. Shabibi would never ever tell me the date nor the rate. Of course, I never had the opportunity to ask him. However, starting last June and leading up to the removal of sanctions, Iraq spoke a lot about returning their currency to greatness. Nothing has changed. Each day it becomes more and more important for the CBI to move forward with the IQD. [...they just need to revalue their currency then, huh?] yes they do! It is a timing issue now...not an "if" issue.
7-22-2014 Intel/Newshound Guru tman23 "Legal expert known as Tariq Harb, was ruled not to be a Parliament session to vote on the election of the President on schedule on Wednesday after completing numerous actions, and said that the election of the President of the Republic will not be on 23 July but in August..." Appears that many don't want a vote taking place on Wednesday for the POR...It's going to be a huge Wednesday in Iraq...
7-22-2014 Newshound Guru Aggiedad77 Article: "The province decides to pay the salaries of its employees in U.S. dollars instead of the dinar" this is BIG NEWS IMO...it proves the Kurds have actually taken control of the money...the revenue that has been generated from the sale of their oil earlier in May and June...if they are paying in USD from what was in the Turkish banks...once again they thumb their noses at the Baghdad government... specifically to Maliki's government.
7-22-2014 Newshound Guru Tlar More good news... Jubouri is trying to get 2 readings done this week on the budget. At the speed he is going he might even do them on the same day setting up a vote to follow the readings. By Iraqi law for a bill to become law as in the budget, it must have 2 readings, then a vote, then be published in the Gazette. I will watch closely and report any progress on the budget. It is my belief that if the budget is passed and the President and VP's are seated, Turki will pass monetary change. The PM position is going to go to the coalition but it must be seen as a peaceful transition of power and may take a little longer but because of the overwhelming superiority of the coalition numbers it will come out right. I believe if all goes well tomorrow, Turki and the international folks will probably consider it done. [post 2 of 2]
7-22-2014 Newshound Guru Tlar Tomorrow is shaping up to be very interesting. Jubouri the new POP is making some super moves. He is in the process of changing the rules of procedure to make sure this is not dragged out. He is being quoted that there will be a vote on the Presidency tomorrow. I believe they are being coached in the parliamentary system by the Brits.. They are having meetings with them and the moves they are making are artful while still staying within the boundaries of the constitution. The presidency will go to the Kurds as it is part of the overall deal to diversy and be inclusive. The Kurds may actually end up submitting two names but Salih will be the one that Barzini favors. I expect we will see a new president an 2 vice presidents by tomorrow afternoon. [post 1 of 2....stay tuned]
7-22-2014 Intel Guru tman23 Tomorrow (Wednesday) Parliament is going to vote for the POR by secret ballot. The Kurds have been directed to introduce one nominee, thus a reason for Mustafa and Barzani to visit Talibani today. Barham Saleh was selected and agreed to by Barzani and the USA to be the POR 18 months ago. That said; IMO, if Saleh takes the POR post the "plan" is in motion and on track to what was coordinated 18 -20 months ago...Tomorrow we just may see the SOL nominations for PM...which will be between Tariq Star and Shahristani.
7-22-2014 Newshound Guru Millionday [Is it not correct nothing will happen with the rate until maliki is totally gone?] I HAVE NOT SEEN THAT IN INK FROM CBI – THEY HAVE THE ABILITY TO CHANGE THE VALUE AND SET THE EXCHANGE RATES WHEN THEY WANT TO NOW THAT THEY HAVE APPROVAL OF THE MONETARY POLICY THEY HAVE IN PLACE... [Is it your opinion this will be a float or a fixed rate?] I BELIEVE THAT THE BEST FOR IRAQ WOULD BE A MANAGED FLOAT FOR AT LEAST SIX MONTHS BUT...THEY HAVE NOT RELEASED THAT INFO YET. [where do u think a managed float would start at monetary wise, IYO?] I DONT KNOW THE RATE BUT WOULD THINK THAT A 2% FLOAT ONE WAY OR THE OTHER WOULD BE THE MANAGED AMOUNT IF IT GOES HOW IT LOOKS TO ME TO BE THE BEST RESOLVE BUT DONT HAVE THIS IN INK... [post 2 of 2]
7-22-2014 Newshound Guru Millionday [considering they are transforming to a new market, what is the suspected time line for a reality rate adjustment to meet the transition...?] WHEN THEY MOVE TO A GLOBAL MARKET ECONOMY THEY WILL HAVE TO HAVE A PRICE FOR THE DINAR THAT IS A REALITY AND CALCULATED VALUE FOR THE PRICING INDEX IN THE COUNTRY AND ALSO THE ISX AND ESX AND ALSO THE GLOBAL MARKET FOR EXPORTS AND IMPORTS AS WELL. [Its very little doubt we’ll see a rv in July?] I DONT KNOW THE DATE BUT SEE THAT IT CAN HAPPEN AT ANYTIME – NOTHING IS KEEPING IT FROM MOVING FORWARD WITH THE INDEPENDENCE THAT CBI HOLDS – AT THE SPEED THEY ARE GOING IT HAS TO BE PUT IN PLACE TO MOVE TO THE MARKET ECONOMY THEY ARE TALKING ABOUT AND ANNOUNCING TO THE CITIZENS. [post 1 of 2....stay tuned]
7-22-2014 Intel/Newshound Guru Poppy3 RAMADON ENDS ON THE 28TH AND THEN THEIR BIGGEST HOLIDAY, WHICH IS GIVING DAY, IS THE 29TH AND NO ONE WORKS ON THAT DAY. IT'S LIKE THEIR CHRISTMAS AND THEY GIVE GIFTS ALL THAT DAY TO ONE ANOTHER. PERHAPS THAT GIVING WILL INCLUDE YOU AND I THIS YEAR.
7-22-2014 Newshound Guru Aggiedad77 Article: "Finance Minister calls for passage of the budget as soon as possible" The Iraqi Finance Minister is calling for Parliament to make the budget its highest priority.....the applicable committees need to get into high gear to make this happen.
7-22-2014 Newshound Guru Millionday they are stating that the budget will be addressed wed [Wednesday] along with the presidency...they have said that the two readings are done and they were considering with some very important laws just to vote them through and listed the budget as being one of them -- so if they dont change their mind they may just vote it through -- the constitution gave them 30 days from parliament seated to have PM in place and 15 days from elected in officers of parliament which is the 23rd if i remember right.
7-22-2014 Intel Guru tman23 Article quote: "the Liberal bloc MP revealed Friday the Diwan, on Monday, that his vote on the Kurdish nominee for President of the Republic, with the nomination of Chen represents the State of the law and does not represent the national coalition." AGAIN THE SOL ATTEMPT TO CREATE A SITUATION THAT THEY CAN DELAY THE ELECTION OF THE PRESIDENT BY ADDING A CANDIDATE AND PULLING VOTES SO NO CANDIDATE HAS A MAJORITY TO BE ELECTED. 7-21-2014 Intel Guru DC [via Duke] ...we understand every position is picked out and ready to go. The UN Security Council is okay with everybody they've picked. They are waiting for specific timelines - 2 they are working on. They have been trying to hold off until the 3 main positions are released. CBI, new speaker, PM, etc. are all ready. Iraq is ready to go....they have been ready. It's now just a coordination schedule with everyone else. There are a little bit politics being played about when it gets revealed. Quite simply, that's what we're waiting on. It could be anytime now.
7-21-2014 Newshound Guru Tlar He has attempted to borrow from the reserves on numerous occasions the last time being when the 2014 budget wasn't passed, he wanted to borrow the money to keep the government running. He has a history of attempts to get his hands on the reserves and it is my belief that Turki got therm out of the country to safe guard them from Maliki, not the ISIS. If he had been able to bust the reserves and use them for whatever, we most likely would not be discussing this today as he would have destroyed the plan if he could. [post 2 of 2]
7-21-2014 Newshound Guru Tlar [What measures, if any, have been taken to ensure that M [Maliki] can't just go in and get his grubbby little paws on the CBI reserves as he has done in the past...if he is not 100% removed?] Maliki never stole the reserves. He borrowed 5 billion personally from the CBI when Shabibi was in charge and never made a payment nor has he returned the money. Then for the last 6 years he has tried to get to the reserves saying he needed them for projects and infrastructure all of which were just excuses. He started a campaign in his government for calls to give the reserves to the government as he was accusing first Shabibi and then Turki of ineptness and theft. [post 1 of 2....stay tuned]
7-21-2014 Intel Guru TNT Tony [via Duke] There are still meetings going and all those people are still getting together to make final decisions. There was no hold-up, fuss or fight. Just final decisions, some of what need to be made today. There's really not that much more to say. Banks have been ready for months and months now. Final plans are being laid out. The IMF is ready. BIS is ready. World Bank is ready. Iraq definitely has everything they need, from their banking system to the QI Cards, to the GOI, speakers, PM, president, etc. It's all got to be coordinated to that one hour so speculators don't jump on it. That's really the fine point. Others can say this and that has to happen, but most of those things have already happened. ...I can tell it can be at any time. 99% of the people involved are ready and are trying to decide the best time.
7-21-2014 Intel Guru Bluwolf we are waiting for the new PM to be announced as seated…from that point on then and only then will we expect this rv. the parliament is all done, the budget approved, all we now need is the announcements of the the president and two pm's and we are through. i do not give out rates or dates but its high,very high...its coming. very swiftly and unannounced.
7-21-2014 Intel Guru Mnt Goat They must choose a president within 30 days of electing a speaker. The clock started ticking on 7/16. I believe they will have the president announced on 7/23. As the president of the parliament, Salim al-Jabouri opened the door for nominations to the presidency for a period of three days starting on Wednesday (16/07/2014). So far I have heard all the nominations for president were sent to parliament on time. They must nominate a new prime minister Within 15 days of the president's election, so this will bring them to a constitutional deadline to seat the PM by first week in August. Finally we not only see the light at the end of the tunnel but we are beginning to feel daylight and it feels very good for the people of Iraq and for us as investors in Iraq. There is a new government being formed, free of the Iranian influence and Maliki tyranny.
7-21-2014 Newshound Guru Kaperoni Let's go Article VIII! I really believe Article VIII is coming this year. When you look back at the 2013 Article IV Consultation, the IMF called for the CBI some 5-6 times to move to Article VIII in that report. IMO, the reason they have held off on the 2014 report is to give the CBI time to accomplish this request. This article is very "matter of fact" with this statement..."He pointed out during his speech for the "morning" that this trend will strengthen the position of local trade internationally, after the currency gained international acceptance process,..." Quote: "pointing to the importance of activating the measures adopted in the present time.." They mean now! my optimism is good but I don't forget the government needs to be formed, laws need to be passed, and they need to get control of the terrorism.
7-21-2014 Newshound Guru Tlar Maliki just won't go away. He now is trying to obstruct the voting for president by nominating a bunch of guys from the SOL which he intends to run one after another in an attempt to stall the process. We have already seen an article where the SOL is stating Wednesday they should just introduce the nominees not vote on them. I'm sure they would love to postpone another week the actual vote. He claims is trying to punish the Kurds for their "polices" but the truth is different. He is just trying to stall the process of building the government.
7-21-2014 Intel/Newshound Guru Poppy3 I HAVE SAID JUST LIKE THE IMF WEB SITE STATED IN 2010, THEY APPROVED $3.22 PLUS UP TO 20% MORE FOR INFLATION MEANING UP TO $3.86. EVEN THOUGH THEY HAVE FOUND MUCH MORE RESERVES THAN AT THAT TIME...I STILL SUSPECT WE WILL SEE A RATE WITHIN THAT RANGE. [post 2 of 2]
7-21-2014 Intel/Newshound Guru Poppy3 NO OFFICIAL WITH THE CBI OR IMF HAS EVER STATED ANYTHING ABOUT A FLOAT...THEY WANT A FIXED RATE THEY CAN MAINTAIN FOR 24 TO 36 MONTHS TO ALLOW FURTHER STABILIZATION OF THEIR ECONOMY WITH THE NEW RATE. THE IMF AND CBI HAVE ALWAYS SAID THAT THEIR RATE WOULD BE THE MOST VALUABLE IN THE MIDDLE EAST MAKING IT THE MOST VALUABLE IN THE WORLD BECAUSE AT PRESENT THE KUWAIT DINAR IS THE MOST VALUABLE IN THE WORLD @ $3.58 LAST TIME I CHECKED ABOUT A MONTH AGO. [post 1 of 2....stay tuned]
7-21-2014 Newshound Guru Aggiedad77 Article: "Mehdi al-Hafez: positive movements of the adoption of the budget" Simply put, it is believed the 2014 budget can be approved and that there will be a serious endeavor and attempt by the Parliament to do so...even before the complete formation of the government.
7-21-2014 Intel Guru Mnt Goat Many of us expect this week to be a pivotal week in the revaluation of our dinar investment. I have to tell you I think it will be but not in the context of a revaluation announcement as most think will happen. Also do not expect other major announcements all happening on Wednesday as some believe it will happen. We are going to have to wait yet another week for the PM voting process to play out and then we have a very, very good window following that next session on 7/30 to see our RV. Remember also they have not formally announced the next session after Wednesday’s so it could be bumped up or moved out further. Let’s see what happens. [post 2 of 2]
7-21-2014 Intel Guru Mnt Goat we have waited anxiously for he next session of parliament to decide the next “president” if Iraq...this is now the actual presidential position (outgoing Talibani) they will now be voting on along with his two vice presidents in Wednesday’s session. I strongly believe that these are the only positions they will be voting on in Wednesdays session. They will then take one more week to put the presidents cabinet together and solidify the nominations for the prime minister, the last of the presidential vacancies to fill. This is what I am hearing from my Iraq contact. [post 1 of 2....stay tuned]
7-21-2014 Newshound/Intel Guru BGG [how close r we do u think?] fairly close - however, I don't think I'm ready to quit watching the news daily (just yet).
7-21-2014 Newshound Guru Chattels This parliamentary election process may go on for awhile and there is nothing which says that when there is a next and fully seated GOI that our liquidity event will occur. Manage your expectations. This is a distance run of indeterminate length. Pace yourself. Allow for the unknown unknown
7-21-2014 Intel/Newshound Guru Poppy3 SOMEONE ASK ABOUT THEM PASSING THE HCL BEFORE THE RATE. THEY CAN'T IMPLEMENT THE HCL WITHOUT THE RATE BECAUSE THE HCL WILL BE FUNDED THROUGH THE RV. THE RV HAS TO HAPPEN BEFORE THE HCL CAN BE IMPLEMENTED, ALSO THE TARIFF LAW IS THE SAME WAY. I SUSPECT THE BUDGET WILL BE OPENED THEN THE REST OF THE LAWS WILL FOLLOW. I DON'T THINK THE RATE IS IN THE BUDGET BUT THINK THEY WILL NEED THE RATE ANNOUNCED TO FUND THE BUDGET. TIME WILL SHOW THE FACTS SOON.
7-21-2014 Newshound Guru Millionday this was a press statement to the citizens this morning [Sunday]. Quote: "...financial expert Ali Fukaiki importance of adopting measures trade in local currencies across the border for its role in facilitating the smooth flow of traffic of goods and international cargo across the countries that adopt this process." they are announcing the trade of currencies with other countries which will require a reality rate. they are starting international trade with the dinar...they will become internationally recognized through the process of acceptance because of the reserve they have to back it up. they are calling for it to begin now due to its demand and the supply they have to back it up...the rate is not changed right now but they are asking for it to be activated now according to this.
Read more: http://www.dinarguru.com/#ixzz38bup5kHw
7-20-2014 Intel Guru Bluwolf ...ONCE THE NEW PM IS SEATED YOU WILL SEE YOUR RV NOT BEFORE, AND FOR THAT ISSUE WE ARE ONLY WITHIN HOURS OF IT BEING LET OUT. LET IT BE KNOWN THAT THE RV IS A VERY SILENT ONE BUT NOW THE GCR SHALL BE ANNOUNCED ONCE IT IS LET OUT, BE IT THIS EVENING OR LIKE CL [CHRISTINE LAGARDE] GAVE A CODE TO ON THE 21TH. WE ARE CLOSE FOLKS.
7-20-2014 Intel Guru TNT Tony Top dogs had mtgs on Fri and Sat. Results were pos., final layout (U.S.) is being worked. Should have great news tomorrow.
7-20-2014 Intel/Newshound Guru Tlar So even if they can't get a PM on Wednesday, it is my belief that with the passage of the budget and the new President in place, Turki will be good to go. Even though the government is not technically complete, he will consider it as "a foregone conclusion" as to how this will end because the numbers dictate it, and he will act on monetary change…The actual [RV] trigger IMO is the budget along with the knowledge that the government will come out right. The RV will happen either just before the budget is passed or within a day of the budget being passed. Either way I am holding to North of $3.25 and before the end of this month. If it turns out I am wrong I am sure the naysayers will pick my bones clean. So I don't say it lightly.
7-20-2014 Intel/Newshound Guru Tlar The SOL has all but dumped Maliki as their nominee. Maliki said he will resign in exchange for two things….Immunity of all charges even murder and if he gets to pick the next PM are what he wants in exchange for his resignation...The SOL's power base has also been eroding as many of their members (about half or more) have come out against Maliki. The SOL has said they will offer three nominees…. The coalition has also offered up three nominees. Either Chalabi or Mahdi will ultimately be the prime minister….The PM position may take a few days past Wednesday…
7-20-2014 Intel/Newshound Guru Poppy3 [9:53 AM] I WAS TOLD A FEW MINUTES AGO THAT THERE SEEMS TO BE AN AGREEMENT BETWEEN PARTIES THAT REGARDLESS OF WHO THE NEW PRIME MINISTER WILL BE THEY HAVE AGREED TO ASK TURKI TO REMAIN AS THE GOVERNOR OF THE CBI. IF THIS IS TRUE AND I FEEL SURE IT IS THEN IMMEDIATELY AFTER THE PM IS SEATED THE RV IS POSSIBLE AT ANY MOMENT FORWARD. THIS IS GREAT NEWS BECAUSE THAT ELIMINATES US HAVING TO WAIT TO SEE WHO THE NEW PM WOULD APPOINT TO THAT POSITION. I DON’T KNOW ABOUT YOU GUYS BUT MY EXCITEMENT HAS RISEN TO A MUCH HIGHER LEVEL TODAY.
7-20-2014 Intel/Newshound Guru Tlar …things are shaping up for the Wednesday parliamentary meeting. The Kurds have decided on their President of the Republic (POR). The Shia and the Sunni each have picked their people for VP positions. Negotiations are still on going for the PM position but Jubouri, the new President of the Parliament (POP) is not letting any grass grow under his feet. Earlier this week he set up committees to re-write the budget and…he has stated the budget could be passed before the government is completely formed. I believe next week he will submit it to parliament for its first and second reading, and then they will vote and publish it as law.
7-20-2014 Intel Guru EXOGEN There will be 2 announcements from Iraq for Presidencies... When the Presidencies are announced, the PM announcement will FOLLOW or take place SIMULTANEOUSLY. The RV will not be announced. The new Prime Minister will be Announced. Maliki is no longer an ISSUE at this time.
7-20-2014 Newshound Guru Millionday [Do they have to have a reality rate to approve it-the budget?] no they will make the adjustments through the data entry system. [so is it possible we may see the reality rate before 2015?] it is possible to see the rates done at anytime. they are saying...that they can finish the budget without having the president and pm in place as long as they have quorum so they are moving forward with it in parliament.
7-20-2014 Intel Guru Bluwolf ...if the PM was seated today you RV shall follow immediately, it will be silent so please be aware....when the GCR hits the fan it will be announced worldwide. Let me inform all that we are not confronting any delays.
7-20-2014 Intel Guru EXOGEN The United States & United Nations are firm on no Internationally Tradeable Currency for Iraq Until there is a Prime Minister Seated. Next week should be EXTREMELY Interesting. Based on the Iraq Constitution they could actually drag this out until August, but they are on a FAST TRACK Plan now. What is now taking place is INTEL/News Articles/Iraq Constitution & Global Markets are all in PERFECT balance ie... Parallel. We are now in the BEST Window EVER for this Investment! 7-19-2014 Intel/Newshound Guru Poppy3 THIS INFORMATION CAME STRAIGHT FROM INNER CIRCLE IN BAGDAD NEAR WHERE MANY OF THE MEETING SINCE LAST SUNDAY HAS TAKEN PLACE. AT THIS TIME IT IS ONLY A LEAK TO THE STREET BUT WITH THE TIMING OF IT AFTER A LARGE FINANCIAL MEETING IT SOUNDS VERY PROBABLE TURKI IS THE MAN THEY HAVE ALL AGREED ON. ALSO IN THINKING ABOUT HOW THIS IS HAPPENING I SUSPECT THEY ARE PRETTY SOLID ON KNOWING WHOM THE NEW PM IS GOING TO BE. I WAS TOLD A COUPLE WEEKS AGO IT YOU REMEMBER THAT THEY ASSURED THE PEOPLE OF IRAQ THAT THE NEW PM WILL BE SOMEONE THAT WILL BE INCLUSIVE OF ALL IRAQ. THE CLOSER WE GET TO HIM BEING NAMED OFFICIALLY TELLS ME TURKI WILL KNOW AHEAD OF TIME AND THAT MAKES THE POSSIBILITIES FOR HIM TO ACT FASTER . TIME WILL TELL VERY SOON. [post 3 of 3]
7-19-2014 Intel/Newshound Guru Poppy3 I WAS TOLD A FEW MINUTES AGO THAT THERE SEEMS TO BE AN AGREEMENT BETWEEN PARTIES THAT REGARDLESS OF WHO THE NEW PRIME MINISTER WILL BE THEY HAVE AGREED TO ASK TURKI TO REMAIN AS THE GOVERNOR OF THE CBI. IF THIS IS TRUE AND I FEEL SURE IT IS THEN IMMEDIATELY AFTER THE PM IS SEATED THE RV IS POSSIBLE AT ANY MOMENT FORWARD. THIS IS GREAT NEWS BECAUSE THAT ELIMINATES US HAVING TO WAIT TO SEE WHO THE NEW PM WOULD APPOINT TO THAT POSITION. I DON'T KNOW ABOUT YOU GUYS BUT MY EXCITEMENT HAS RISEN TO A MUCH HIGHER LEVEL TODAY. [post 2 of 3...stay tuned]
7-19-2014 Intel/Newshound Guru Poppy3 GETTING GREAT INFORMATION BUT THE FACT REMAINS THAT THE TRIGGER ON THE RV WE ARE STILL WAITING ON. THAT BEING SAID ALL...THE NEWS BOTH POLITICAL AND FINANCIAL SOUNDS VERY PROMISING. ONE THING THAT I AM SURE THE CBI AND ALL FINANCIAL BODIES ARE WAITING ON IS THE FINAL ANNOUNCEMENT AND COMPLETED VOTING AND BEING SEATED OF ALL THE PRESIDENTS AND DEPUTIES AND ESPECIALLY THE NEW PRIME MINISTER. [post 1 of 3....stay tuned]
7-19-2014 Newshound Guru wmawhite ...reported earlier..."BREAKING: President Jalal Talabani's plane has just landed in Sulaimaniya International Airport. #Kurdistan #Iraq" Talabani is the most outstanding leader from that region in many, many years. Just his presence will bring a calming affect to all involved.
7-19-2014 Intel Guru TD I was able to learn that Maliki seems to have finally come to grips with the fact that he must go. At this stage he is still hoping for his party to rule and whether he can call plays from the sidelines. My Kurdish friend indicates the Kurds are at least "listening" to participate in a new Iraq. They are not abandoning their dreams of independence and so if the deal is not both "Soon enough" and "The right deal", then all bets are off. Lots of political tug of war still to be seen in the months ahead. [post 2 of 2]
7-19-2014 Intel Guru TD Dinarland is always jumping the gun when it comes to currency reform. While the goal of graduating to international markets from a program rate is on everyone's radar, the means to get there took several steps back with recent turmoil. Just the fact that the factions are "talking" is a huge victory as they "try" to regroup and save an "identity" known as Iraq. Make no mistake though that we are NOT out of the woods just yet and WHETHER they can build an inclusive, functioning and stable government is what the entire world is waiting to see. Introduction of currency reform is a mute point until this happens. [post 1 of 2....stay tuned]
7-19-2014 Newshound Guru wmawhite [has M offically stepped down?] he will just simply not be nominated and then will been officially replace when the vote in parliament takes place. [is M still officially the Prime Minister til the new one gets elected?] IMO, yes
7-19-2014 Intel Guru Frank26 May I suggest to take a serious look and study of The CBI on The 20th.
7-19-2014 Intel/Newshound Guru Poppy3 TURKI STATED A COUPLE MONTHS AGO THAT RAMADON WOULD NOT EFFECT OR STOP FINANCIAL REFORM. WE ARE AT THE END FOR SURE. IT MAY TAKE LONGER AT THIS POINT THAN WE THINK BUT AT THE WORST WE ARE WITHIN A NATS NOSE OF THE BLESSING FLOWING OUR WAY. 7-18-2014 Newshound Guru Tlar If the SOL chooses Chalabi and/or Mahdi, its done and should be signed sealed and delivered on Wednesday. Turki then should feel free to push the button changing the rate within days of the announcement that there is a new non-sec tarian government. Jubilation will finally come to the Iraqi street.
7-18-2014 Intel Guru EXOGEN Fact: There will be no budget till at the least Wednesday the 23rd since it constitutionally requires the signature of the President of the Republic. This needs to be done to officially give all Iraqi citizens their 5% of all oil revenues generated from all Iraqi oil exports. Once the POR is announced on Wednesday, the SOL party being the largest bloc will put up its nominees for PM with the caveat that it cannot be Maliki who should have officially resigned by then, but if not the other blocs will unite and become the largest bloc and will name their own PM which will then bring in the new ministers and replace the old SOL ministers that are there working now.
7-18-2014 Intel Guru DC [via Duke] Finally as the tide is coming against [Maliki] in a major way he finally said I’m gone. Therefore he issued his retirement again and resignation to all parties here in the past few days yet again and it was accepted. UN is happy/pleased on how quickly Iraq settled down - and their political process is maturing. Everybody is where they should be and hopefully they will make these decisions quickly.
7-18-2014 Intel Guru TNT Tony [via Duke] Iraq has done everything they are supposed to do and notified everyone they are ready - that notification went out this AM. UN is happy. Its' a great day today and we are hoping final decisions will be made. Last 48 hours have been actually up and down for us but right now...where we're at things are looking good. We're where we need to be for final decisions to show...announcements will come but I don't know when...we are in a good place.
7-18-2014 Intel Guru Okie_Oil_Man FROM SOURCES THIS PAST WEEK THE ACCOMPLISHMENTS IN IRAQ THAT HAS BEEN HAVING AN EFFECT ON THE GCR/R/V PP HAS BEEN SUCCESSFULLY COMPLETED. ALTHOUGH THE R/V-PP/GCR WAS DEBATABLE ON IRAQ'S POLITICAL POSITION IT WAS GIVEN PERMISSION FROM THE B.I.S. AND I.M.F. AS A MATTER OF COURTESY FOR IRAQ TO HAVE THE PRIVILEGE OF INITIATING THE ACTIONS THROUGH ANNOUNCEMENTS MADE BY IRAQ AS TO THE COMPLETION OF THESE 3 EVENTS. SOURCES ARE EXPECTANT OF THE ANNOUNCEMENTS TO COINCIDE WITH THE ANNOUNCEMENT OF THE GOV OF IRAQ BEING SEATED. IT IS STATED THAT C.L [CHRISTINE LAGARDE] AS WELL AS J.L. [JACK LEW] IS GOING TO MAKE AN ANNOUNCEMENT SUNDAY. I ANXIOUSLY AWAIT PROOF OF THE ACTIONS BEING STATED.
7-18-2014 Newshound Guru tman23 From the outside looking in it appears that the POR nominee will be known this coming Sunday...Then come the following Wednesday, 23rd Parliament will convene and elect Barham Saleh. Barham Saleh will the direct the largest party to begin forming the government which is announce your PM nominee. The SOL being the largest group will announce Shahristani as their nominee which I believe may take place on the 27th...Thus the 28th a Monday we will know who is who and between the 28th and 30th we will have the new PM nominee elected.
7-18-21014 Newshound/Intel Guru BGG [Do you think rate is under or over $1.] I'm far more interested in the "date" than the "rate"... just get this party started!! They could tell us it's $35...but if it never happens - what good is it??
7-18-2014 Newshound Guru Tlar Articles: "Kurdish source: Akila Talabani agree to run for the presidency in favor of return for abandoning his party" "Qubad: President Talabani to return to Iraq next Saturday" [would having Talabani back be a detterrent, or an aide in The process of the selection of the POR, & ultimately the PM position?] I don't believe it would change anything anymore.
7-18-2014 Intel Guru SteveI The next huge question is the federal budget of 2014. They finally combined both the 2014 and 2015 into one. This is a huge plus for our investment because they are now looking forward into the future. So, the next thing on everyone's mind is the rate. The rate I posted a while back stands. ...as for a timeline and based on the speed of the importance of the budget, I feel that by the end of next week which is close to the end of this month, we will finally share reality that was only dreams prior to this. [post 2 of 2]
7-18-2014 Intel Guru SteveI The parliament [is] now complete. Iraq has a full sworn in (under oath) parliament. This is huge, actually the best news yet because the completed parliament has the power to move the country forward. Now is the million dollar question, who will be the next Prime Minister of Iraq. I can assure you the the current one is no longer a factor. The Prime Minister is submitted by the largest bloc and yes, the parliament approves him too. The parliament has full control at this point. This again is huge with respect to our investment...the next Prime Minister can appoint a new Governor of the CBI. [post 1 of 2....stay tuned]
7-18-2014 Newshound Guru Millionday Article quote: "Mass citizen confirmed to having the chance to rectify the vote on the current year budget in 2014" they are saying that the plans are to hustle and i mean hustle with the budget ...very interesting how much they are working -- love it.
7-18-2014 Intel Guru tman23 [new guru] There is no firming up the POR position, that position is settled and has been for 18 months...Maliki internally has agreed to resign his position as a nominee for PM, the SOL is not waffling...As of now the steps being taken are to stabilze the military before announcements and the upcoming transition...The second focus is on the corruption of Iraqi politics...It is said that political corruption causes a corrupt military, these 2 events political and military are being stabilized...NO DELAYS...it is a process. Please understand that those are not my thoughts...simply what I was told... And it comes from the direction that told me Jabouri selected to be speaker...and 18 months ago that Barham Saleh was definite POR...and that Shahristani was setting up for PM...Way before the news articles.
7-18-2014 Newshound Guru wmawhite the CBI knows how much IQD is outside of the CBI. They have accounted for every one of them...also, the CBI could not care any less if I owned everyone of those IQDs or if they were shared between everyone else. They do not care. The CBI already knows what will happen to them...the virtual rebuilding of a country's financial sector is a process with a start date and end date. This process requires the assistance of many people and institutions from around the world. We believe they are near the end of it...although it will never really end. When they are ready they will push forward and do it... 7-17-2014 Intel Guru SteveI In Topic: "Mass Hakim talking about an opportunity to approve the 2014 budget" Budget, Budget, Budget. I really like the fact of the urgency and how they are responding to it. Many great things are happening behind the scenes. Go Iraq!!
7-17-2014 Newshound Guru Tlar Article: "Newspaper close to Iran, al-Maliki confirms intention to resign" The heat is all out on him with the Iraqi political system calling for his resignation. Iran is calling for his resignation along with every country around Iraq, plus Europe and the US and Australia. When you throw in al-Sistanis warning to come out totally against him if he doesn't resign in now 5 days, he is in deep trouble. Maliki has become toxic...It is my belief he will resign and then run or he will just run. He can't stay in Iraq or he will face some very serious charges.
7-17-2014 Intel Guru EXOGEN The European Parliament just passed a national referendum against Maliki And former Iranian President Rafsanjani who is now the richest man in Iran and has more clout than their President just told Maliki he has talked to O [Obama] and they both agreed he needs to accept the deal they have for him. Maliki will be officially taking "the deal" early next week....and the POR named on or before Wednesday and the PM shortly thereafter within a PTB timeline to have all done by end of month.
7-17-2014 Intel Guru SteveI There is no doubt in my mind that there will be some (few) adjustments for the 2014-2015 federal budget. But for them to drag this out, no, that will not happen. Our sources have told us this is first on the list. Budget and HCL will be passed together. Then you know the rest of the story.
7-17-2014 Intel Guru WILDDUCK I THINK WE HAVE A WINDOW LEFT OPEN AND FOR ALL OUR SAKES I HOPE THAT THEY GETTER DONE SOON. [when do you feel "this window" will close? IYO.] SOON… THERE REALLY IS A LOT OF HEAT ON, THE PROBLEM WITH MOST IS THEY DO NOT REALIZE THAT IRAQ NEWS IS 3-4 DAYS OLD BY THE TIME IT GETS HERE, THAT IS WHY THE INTEL I RECEIVE IS HOT, FRESH...THIS RIDE IS SO OVER ...BEST START PLANNING A NEW LIFE THIS VENUE IS ABOUT TO CLOSE.
7-17-2014 Newshound Guru Tlar The new POP, Jubouri, seems very serious about his job. He wants to go out of the shoot getting the 150 laws, which includes Article 140, the oil and gas law and many laws pertaining to assisting the economy grow that Maliki and his government have held up for 8 years finished as quickly as possible. With a government that is non sectarian he can accomplish it. The budget will be the first thing he tackles and should go up for vote immediately following the POR being elected. The POR has to be in office to sign the budget. The budget will set many things in motion. The CBI is ripe for monetary change and we know Turki is itching to get it going. As long as this government is finished this month as I believe they have to, it is my belief we will finally see that long sought after change in the exchange rate. I stand by the over $3.25 to $3.65 rate.
7-17-2014 Newshound/Intel Guru BGG [are you more excited than you;ve been in past with this news?] Very much so. [do you see an rv in our very near future?] if this GOI is seated as quickly as I think - maybe - just maybe...
7-17-2014 Newshound Guru wmawhite The Washington Post: Maliki will announce his resignation and will support an independent candidate to succeed him! Date: Wed, 16/07/2014 According to the Washington Post, quoting media sources, especially by Iraqi Prime Minister Nuri al-Maliki will announce his resignation within days, indicating he would support an independent candidate to succeed him...
7-17-2014 Newshound Guru Tlar well in true Iraqi style they have managed to push the next parliament into next week. The POP (President of Parliament) and his deputies are voted on and in place. The reason for the delay is not real clear but I believe it is to give more time for the POR (President of the Republic) to be firmed up. It is my belief that this is a dodge. The SOL has been waffling the last couple of days as to whether they will nominate Maliki or not, so it was decided to give it one more week...there is in place a battle plan to finish this next week meaning voting on the Presidents and the PM position. The next parliamentary session is scheduled at present for Wednesday but it might come earlier (the POP can call them in earlier) if they can solve the PM position with the SOL. Barring that not happening, the coalition is prepared to finish this with a no vote on Maliki.
7-17-2014 Intel/Newshound Guru Poppy3 I expect the RV possibility to begin the day the PRIME MINISTER IS SEATED. My state dept contact told me months ago before they held their elections that the cbi, imf and world bank representatives agreed to hold the RV till they know whom they will be dealing with post rv . Remember if there is a new PM THERE COULD ALSO BE A NEW GOVERNOR OF THE cbi BECAUSE THAT IS A APPOINTED POSITION BY THE PM. [post 2 of 2]
7-17-2014 Intel/Newshound Guru Poppy3 HERE is my opinion of where we are and a time table possibility on my best guess which is the best anyone can do at this point. I have been told today that the three presidents have now been agreed on. THEY WILL BE VOTED INTO POSITION ON THE 23RD then there will be a follow up meeting on the 28th that they are hoping to announce a agreement and vote of the new prime minister and opening of their 2014 budget. Meetings have not slowed or stopped since the first meeting last Sunday. [post 1 of 2....stay tuned]
7-17-2014 Intel Guru DC The important part is that things are much more along than portrayed in most news areas. Security in Iraq is better...CBI is ready to rock; most of the ministers are slated for their positions. Banks have been given notice to get their act together in Iraq. In the USA, the UN is prepped and ready to go. They are content and ‘happy’ with the progress Iraq has made yesterday and today. The administration and affiliates have said “Okay, we give our blessings on this”. The banks are ready or getting ready...I have heard from many different people that everyone is to be ready, and the game is serious. It is my strong contention that the PM [Prime Minister] and the RV will happen at the same time. Bottom line, folks, is that things look exceptionally good.
7-17-20141 Intel Guru TNT Tony This thing is almost over. I can’t tell you the moment, but it’s almost over. We’ve been close so many times, maybe not as close as now, but until the actual announcement is made, anything can happen. Everything we are hearing is good, things are falling into place, people are happy, so we just need to see if we can pull that trigger before anything changes. I do think we are in a good week.
7-17-2014 Newshound Guru Millionday TURKI STATED THAT HE WAS NOT WAITING FOR THE BUDGET AND WOULD FUND THE PRIVATE BANKS WITH INTERNATIONAL INVESTMENT FUNDS TO ACTIVATE THE BANKING REFORM --- MODERN BANKING... [So cbi is sayin they're waiting on government but not the budget?] I HAVE NOT SEEN THE ANNOUNCEMENT THAT THEY ARE WAITING ON THE GOV FOR ANYTHING. CBI COULD RELEASE THE VALUE AND SET THE INTERNATIONAL RATES TO THE CURRENCY ON THE GLOBE AT ANY TIME...CBI IS INDEPENDENT. If you're not already a Dinar Guru member, what are you waiting for? Sign up in the blue box above... the gurus are saying lots of great things are in the works...you don't want to miss a thing.
7-16-2014 Intel Guru Bluwolf Well my belief is that we are just a phone call away from entering the bank. I know for a fact that Iraqí government is now officially sorted out and shall all be seated within hours...CL gave you the time frame and the deadline is 7-20 for the GCR. I will agree on that your rv should be casted off within hours, new PM new International Release.
7-16-2014 Newshound/Intel Guru Doc This article pretty well sums up what our ME contacts told us…"Sunni cleric Abdul Malik Al-Saadi, who praised the "mujahdeen" (holy warriors) leading the revolt, said tribes were the backbone of a broad based insurgency battling against Iraqi Shi'ite Islamist Prime Minister Nuri Maliki's rule…." We categorically disagree with those that are reporting the situation is not that bad. The issue continues to be Maliki has not and most likely will never form an inclusive government. The situation was bad enough that it has led to civil war. For currency reform to even be considered an inclusive, stable government must be formed and functioning. While we believe this can happen it is most likely months away. We are hopeful that 2015 brings a stable Iraq. We report, you decide.
7-16-2014 Newshound/Intel Guru Adam Montana 1, the end of Ramadan (July 28), and 2, the seating of the Government and of course figuring out who will be PM… and all of this is likely to be complete this month! The Kurds are continuing to sell oil and Baghdad isn’t getting any of the proceeds. This is going to continue to put pressure on political leaders to get it together. Obviously this is good for us. Work on the major pipelines continues, which will put more pressure on the HCL… again, good for us…Iraq is doing just fine and I’m looking forward to seeing what they have to offer us in August. [Post 2 of 2]
7-16-14 Newshound Guru Stryker Today started the search for Iraq's New President which ends Sunday the 20th at midnight and Maliki looks to resign anytime now...
7-16-2014 Newshound/Intel Guru Adam Montana Over the last few weeks we’ve been bombarded with doom and gloom about ISIS attacking and much more…The truth of the matter is simple… Iraq is not falling apart, and in fact they are weathering this current storm admirably. The dinar is stable in spite of the situation with ISIS, holding strong at 1200 per 1USD. This is good…we are looking towards two things: [Post 1 of 2 Stay tuned for the rest of the story]
7-16-2014 Newshound Guru tlm724 Article: "Jubouri: there is a package waiting for approval laws" Quote "there is a package waiting for the laws of the new deputies for approval" you never would have heard those words from Najafi! Najafi didn't care...great news.
7-16-2014 Newshound Guru tlm724 I think that Gov Turki is getting more and more secure in his aspirations for the [removal of the three zeros] project. I will say again, the security he and Dr. Shabibi meant IMO was the secure banking electronic system...everyone should be excited because the new GOI has the chance to breathe life back into Iraq and into your investment! It's a New Iraq!
7-16-2014 Intel Guru TerryK THIS WAS SYNCED TO HAPPEN AT 2...THEN PUSHED TO 6 AM. NOW THEY ARE TO OPEN THE BUDGET AND SIT TWO POSITIONS TODAY AND WE ARE TO SEE THIS LATER HOPING LATER TONIGHT. VERY QUIET, THATS THE DESIGN AT THE VERY END.
7-16-2014 Newshound Guru Shredd imo, as soon as govt is seated, the CBI will engage the removal of the three zeros project as Turki stated and that will bring a rate set.
7-16-2014 Newshound Guru Tlar Comment - the President of parliament and both his deputies have been voted in. Tomorrow [Wednesday] they work on the President of Iraq and his Vp's. That should take no more than a couple of days to get done. Then move onto the PM position. Maliki seems to have a problem. He was asked to leave parliament because he was not sworn in. He can't be sworn in while he is the acting PM of the previous government. He has to resign first before he can be sworn in. If he resigns he knows he could be arrested. Catch 22. Once the PM position is up for grabs, he will not be eligible if he doesn't resign and get sworn in. Gees, what's a dictator to do. Has he been alphonsed by the system. If he resigns he looses his immunity. All the new speaker would have to do is postpone the meeting one day not allowing for him to be sworn in and he would be exposed without immunity. This thought was brought to you by a friend named Revbo. I think it is dead on.
7-16-2014 Newshound/Intel Guru BGG The big news is Jubouri was elected as Speaker of the House, and 2 or 3 deputies. Maliki was asked to leave Parliament because he had no business there & was escorted out. When Parliament was sworn in, I think it was the beginning of the end for Maliki. IMO, as soon as this government is seated and settled, one of the first conversations will be financial reform, economic reform and currency reform. Currency reform is not going away. It is a very very public topic. So, once all the roadblocks are out of the way you will see something done about that in very short order. I think in the next few days there will be some resolution to this whole government situation. This is magnificent news for our investment and for Iraq. Good things coming in the next few days.
7-15-2014 Intel/Newshound Guru Poppy3 [Still think the RV could come quick after they get this done...?] YET TO BE SEEN, BUT FROM ALL INDICATIONS ON THE FINANCIAL FRONT THEY WILL NOT WAIT LONG TO RV AND GET INTERNATIONAL. I SEE NOTHING HOLDING THEM BACK AFTER THE PM AND GOI ARE ALL SEATED.
7-15-2014 Intel Guru TerryK I'M GOING TO BE VERY CAREFUL HOW I SAY THIS. OK, READ BETWEEN THE LINES...TONIGHT SUPPOSE TO HAPPEN WHEN THE BANKS SYNC AT 2 AM. I REALLY HOPE THE LEAD TODAY IS CORRECT FOR TONIGHT.
7-15-2014 Newshound Guru Tlar In any event Turki also said over a month ago, "if the government were put together (settled) he would do it today when speaking of monetary change." The CBI has said on numerous occasions that prices are firm in the market and that the dinar was strong during this period. He has continued with BUSINESS AS USUAL just waiting for the government as we have been. THEY ARE READY AND WAITING. [post 2 of 2]
7-15-2014 Newshound Guru Tlar While we have mostly concentrated on the politics of Iraq, the CBI has been forging ahead. The rate is under their control and meets the IMF requirement to move to an Article VIII currency. Article VII means a currency that can be traded globally. Once the government is set the budget will be the first order of business. The budget can be voted on before they vote a new PM in but the way things are moving the new PM should be in place by the first part of next week IMO. The CBI has stated since the beginning that the reserves are out of country being held at banks around the world and will be brought back home once the government is set. It is my belief that the reserves were being protected not from the ISIS, but from Maliki. [post 1 of 2....stay tuned]
7-15-2014 Newshound Guru Stryker An Historical Day Took Place in Iraq Today. Today in Parliament saw MP Salin-al, a Sunni elected as Speaker of the Iraqi Council of Representatives, then later today the First Chair Speaker went to Haider Abadi from the State Law Coalition. The Kurds ended the parliament day with their own Aram Shelkh Mohammed winning the Second Speaker Chair, now the President process starts. We have witnessed the start of the formation of the New Government in Iraq and there are signs the process will not be stopped. You may want to tell the people that think nothing happens during Ramadan to think again. I really like where we are right now folks.
7-15-2014 Intel Guru Mnt Goat They must choose a president within 30 days of electing a speaker. The clock starts ticking today. I believe they will have the president announced before this current session is over. They must nominate a new prime minister Within 15 days of the president's election. We can expect the new president to be voted on very quickly. Then the fun begins with the battle for the new prime minister. The longest they can legally go now without having a full government seated, according to their constitutional deadlines, is August 29th but we have seen these dates come and go before. [post 2 of 2]
7-15-2014 Intel Guru Mnt Goat The Iraq parliament...did meet on Tuesday, which was its third meeting. The Iraqi parliament named moderate Islamist Sunni politician Salim al-Jabouri as the new speaker. The second step to building their new government is done. A date for the next session or continuation of this session has not yet been announced or will they simply continue with this current session? If they continue with this third session they could simply meet tomorrow again and continue their work. We could possibly have all of the three presidents seated by the end of the week if no interference or arguments arise. [post 1 of 2....stay tuned]
7-15-2015 Newshound Guru Tlar Article: "Minister al-Maliki and leaving the chamber after a request from the Kurdistan Alliance" Kurdistan asked Hafez to remove Maliki and his Ministers from the parliamentary session (Tues) at the get go. Maliki and his Ministers that were not re-elected and had they had no business being in the session. Hafez agreed and Maliki and his ministers were to leave and according to this article, they did.. There is no news yet as to the POP being elected but this is a good sign. Maliki and his Ministers will not be allowed to attend these sessions so disruptions if there are any, will only come from the SOL. I don't think we will see many now that al-Sistani have given an ultimatum for the resignation of Maliki and has made it clear there will be a price to pay if he does not and that he will inject himself into the process and he will pick the nominee for PM if he has to.
7-15-2014 Newshound Guru chattels [think we'll get a PM today?] most anything is possible, but i would be surprised if a complete government is seated today. [do you think that's what we are waiting for? A complete gov?] i think that it is likely one thing that we are awaiting. [Is jourbi a good choice?] unknown to me, but perhaps it is progress and what we need/want is not certain people but closure and completion. no nomination of the PM as yet...the only determinative vote by the Parliament today of which i am aware was for the Speaker of Parliament, Jobourri.
7-15-2014 Newshound Guru Tlar Originally the coalition had hoped to bring the SOL around to their way of thinking and then put up all the positions in one basket and usher in the new government on one vote. This has proven almost impossible and 15 days later the plan apparently has been changed. The new plan is to chop this tree down one chop at a time. In other words one position at a time. It will be interesting to see if once the government is set, everyone but the PM position, will the SOL still stay the course and still nominate the toxic Maliki or will they finally come around. It will take a few days voting everyone in but the PM and there is still hope for a Maliki resignation. Barring that happening, the coalition still holds all the cards. If the SOL nominates him he will be voted out immediately.
7-15-2014 Intel/Newshound Guru Poppy3 THE NEWS IS WILD TODAY AND TONS OF IT FROM ALL THE MEETINGS SINCE THEY ADJOURNED SUNDAYS MEETING ENDED WITH NO OFFICIAL PROGRESS. TOMORROW [TUESDAY] THINGS ARE SAID TO BE READY TO GO FOR A FINISH. THEY ARE SAYING THE MEETINGS HAVE PRODUCED THREE SOLID CANDIDATES THEY HAVE ALL AGREED ON AND MALIKI ISN'T ONE OF THEM AND HE HAS NO VOTE. HIS OWN BLOC APPEARS TO HAVE PARTED WAYS WITH HIM AND WILL SUPPORT SOMEONE ELSE. ...I AM GETTING EXCITED AGAIN. I CAN SEE AN END TO THIS.
7-15-2014 Newshound Guru Millionday Article quote: "The top Shi'ite cleric in Iraq, Ali al-Sistani has delivered a verbal message to the outgoing Prime Minister , Nuri al-Maliki, telling him that he should step down from his post during a week to make room for to choose an alternative and end the crisis in the formation of the government." SO AS WE SEE HE THE RELIGEOUS AUTHORITY HAS ASKED MALIKI TO HIT THE ROAD JACK. [If they want Maliki out why is he staying?] HE SEEMS TO THINK THAT THINGS WILL CHANGE BY TAKING CREDIT FOR UPCOMING CHANGES AND PROGRESS BUT I DONT THINK THAT IS AN OPTION DUE TO THE LOSS OF SO MANY AND HIS LACK OF LEADERSHIP.
7-14-2014 Newshound Guru Stryker The Kurds have already said that they will attend tomorrow's next session and will announce their candidate for President of Iraq, Barham Salih. Folks, the Kurds have already said that they will not attend these sessions unless there is a clear consensus for forming a new government so their mere willingness to participate is the greatest sign at this point we could have, in my opinion. On the economic front the CBI has announced yesterday that Iraq's electronic payment system is ready along with its ability to go international with it. ...as soon as Turki is comfortable with the political situation, he should be ready to delete the zeros from the exchange rate because it seems that he now has all the measures in place he spoke of to implement the project. We are getting closer each day. [post 2 of 2]
7-14-2014 Newshound Guru Stryker Iraq's political situation is ever changing and things are really starting to get interesting in Iraq. Sunday's session in fact did see a quorum of 233 deputies, even without the Kurds attendance. It wasn't that the Kurds did not want to attend or because of them boycotting the session, it was due to a sandstorm in Baghdad which closed down that airport causing the Kurdish MP's from leaving from their airport in Erbil. Unfortunately because of differences, the parliament members failed to name a new speaker of the house, nor its two new deputies but yet I see it as an important step toward their willingness to form a new government. [post 1 of 2....stay tuned]
7-14-2014 Intel Guru DC [via Adept1] In Iraq, we have folks who have agreed with all the positions; they were supposed to make it public over the weekend. Due to some interference by international parties (US and others), they pushed off the announcements until tomorrow. That’s when they will announce the top three positions and more. We are scheduled and prepped to be ready. Our understanding that the RV will follow quickly after that. The CBI did something wonderful that is supposed to be done at the same time as the RV. Their Qi [cards] are international and hooked up to the international links. They have been preparing this to do it at the same time as the RV, but they are now ahead of the game. ...the US, the UN and DC folks...are absolutely set on this RV. Everyone is ready to go, cued up, with three different windows tonight and tomorrow. We are just waiting on those announcements...The pressure is to get it done tomorrow.
7-14-2014 Intel Guru TNT Tony [via Adept1] There are great things to be excited about. ...we have told people since last winter that their Qi cards were international. Now it’s just like their stock market and IPOs were international, but they were using paper rather than using computers. The significance here is that they have plugged into the Visa/MasterCard system that the rest of the world has. [Is the VNN going with the IQN at this time?] I believe so. I didn’t think we would make it past last week. Many powerful people thought it would go last Monday, and we were notified accordingly. We had a similar level of notification this week. We are confident where things are. They’ve said tomorrow in the media, and among the politicians…
7-14-2014 Newshound Guru Millionday Article quotes: "According to a statement of the Secretariat of the day that the General Secretariat of the Council of Ministers announced on Tuesday an official holiday mentioning revolution of July 14...an official holiday for all state departments." this holiday is the celebration of revolution and is a state holiday they used to have annually.
7-14-2014 Newshound Guru Stryker The Last Measure is in Place for Currency Reform. This will enable the Governor of the Central Bank of Iraq to delete the zeros from the exchange rate.
7-14-2014 Newshound Guru Millionday "The CBI adopted the Visa card system to develop the financial and banking sector and to create an atmosphere of competition among the different banking and financial establishments in Iraq." [Does this mean it will be international banking?] yes they will be using international banking when this is all activated through visa and its capabilities --- the smart cards will be given to citizens outside of Iraq but that are Iraqi citizens for distribution they have coming for oil proceeds and benefits they have been approved for when they are activated for international use -- meaning they would have to also have a plan in ink about the calculation for reality rate coming or how it is being done.
7-14-2014 Intel Guru TerryK Article quotes: "...Vietnam has been recommended to apply a new foreign exchange policy which allows it to valuate the Vietnam dong in correlation with more than one foreign currency. This will be a reasonable choice which helps both stabilize the exchange rates and ensure the flexibility of the nation’s policies.” “Now is the right time for Vietnam to follow the new policy, as it now has all the necessary conditions to do this." " It’s obvious that the Vietnamese dong is about to be revalued but how that revaluation will look on the other side is not clearly determined." THE DONGS REVALUATION IS IMMINENT.
7-14-2014 Intel Guru Bluwolf The components and scenes in the middle east are defecting the eyes of many, shifting the mood from lies to reality, the stage is all set...Our reality is just a matter of well precise bank timing. Movement on all aspects of this rv has been taken, all unsolved measures taken care of, change is in the air. No one will speak about Iraq again, for its government is seating, it is to go international at any moment, even maybe tonight.
7-14-2014 Newshound Gurus Shredd & tlm724 Article: "The stability of the dinar exchange shares in maintaining the prices of goods" interesting we keep seeing this clarification that the daash violence is not affecting the dinar. The intent is to calm fears, especially in the investment scope I'm sure. Then, the reminder of the wealth of Iraq...while that's certainly true, the perceptions and fears of human kind are what need to be mitigated. Imo, that will happen very quickly once the goi is seated and fair representation of the sects is accomplished...how long that will take is another thing. I have a feeling it won't take long, Gov Turki has things just where he want's them.
7-14-2014 Newshound Guru wmawhite It may very well be that the Board of Directors of the CBI are waiting for the formation of the government regardless of who is the PM. Have you noticed that the CBI has continued with the reforms of the banking system...they do not sit still. Besides my thoughts/opinions about the CBI...I too believe that the different blocs will not agree to a government if Maliki is still there. I believe an all inclusive GOI is in their future. [I think/hope that they are ready... get Turki a GOI and he will give us the RV.] Agreed. [post 2 of 2]
7-14-2014 Newshound Guru wmawhite [Do you believe no RV with M [Maliki] around?] We can only go on what the CBI has stated and if the translation is correct, Turki made reference to when the government is decided and that is open to translation. Does anyone really think that Iraq is going to keep to value of the IQD at 1166 when they are going to be the richest country in the region? So if you believe they will or they need to increase the value of the IQD, does it matter to the CBI who is the PM? I don't think so, just my Opinion. [post 1 of 2....stay tuned]
7-14-2014 Newshound Guru Kaperoni Article: "The stability of the dinar exchange shares in maintaining the prices of goods" Quote: "The exchange rate of the dinar in 1220 dinars banking offices in the official exchange rate of 1166 dinars and the price is stable, as the increase up to 2 percent represents an acceptable price and stable, according to financial expert, the appearance of Dr. Mohammed Saleh." Glad to see Saleh confirm the 2% spread. As well, he makes a very solid statement that the Iraqi dinar would be considered a "hard currency" if not for the absence of mechanisms...which to me means open the currency to the world (Article VIII) and a new Exchange Regime (they must get off the peg and on to some sort of float)...only currencies that float are considered "hard currencies". The last few days of CBI news does give me more optimism about the banking system. For sure the CBI is pressing forward to prepare for the day of Article VIII and a new Exchange Regime. We just need the rest to fall into place.
7-14-2014 Intel Guru TerryK I CAN'T HELP BUT SIT BACK AND SMILE AS I KNOW IT'S RIGHT HERE... ANY MOMENT.
7-14-2014 Intel Guru MarkZ All is good. I expect between now and Wed to be full of great news. 7-13-2014 Intel Gurus NOVA & Delta Please See Below And Realize THIS IS THE CBI TALKING! CBI issues Visa cards: Quotes: "The Central Bank of Iraq announced adopting the electronic payments of funds (Visa Cards)..." "The CBI adopted the Visa card system to develop the financial and banking sector and to create an atmosphere of competition among the different banking and financial establishments in Iraq." "The new system will organize the work of the providers of the service and issuing licenses for them according to the law No. (4326) of 22 June 2014." WITH THE CBI ANNOUNCEMENT TODAY ABOUT ISSUING VISA IS HUGE ONE. FOR CBI TO HAVE CONTRACT WITH VISA THEY MUST BE ABLE TO HAVE FREEDOM OF MOVEMENT OF CAPITAL! THAT MEANS ARTICLE 8 AND SINCE 1166 IS A PROGRAM RATE THEY HAVE TO COME OUT WITH TRUE RATE.
7-13-2014 Newshound Guru Tlar The POP has been approved by the majority of the blocks. He is Jubouri. There has been no voting yet because the Sunday session was postponed 48 hours due to the Erbil airport being shut in with a sand storm. The Kurdish MP's could not get to the Sunday session on time so Hafez postponed the meeting until Tuesday, our tomorrow night. It is rumored the SOL may have finally decided to un-nominate Maliki and nominate a candidate acceptable to everyone. At least there are leaks coming out of the meetings indicating this. We will see if that's true and if so, then we're are very close indeed.
7-13-2014 Intel Guru Delta [what would happen with our investment, if Iraq would fall apart in 3 smaller countries?] IF IRAQ FALL TO 3 SMALLER COUNTRIES, THEN YOU SHOULD BE MORE HAPPY FOR OUR INVESTMENT, BECAUSE THE CBI BELONGS TO IRAQ AND THE OFFICIAL CURRENCY IS IRAQI DINAR NOT KURD DINAR, ALSO KURDS HAVE NO CENTRAL BANK AT ALL.
7-13-2014 Newshound Guru tlm724 Article: "Industry proceed with the application of the law to protect Iraqi products" I just can't begin to tell you how important this step is for Iraq and for us! This electronic linking has opened all the doors, they have accountability now which they have NEVER had. the minister of industry is going forward with the laws that were already passed but never implemented! This leads to the full implementation of the tariffs! now the GOI and the CBI, banks are linked and going global according to Gov. Turki.
7-13-2014 Newshound/Intel Guru BGG Parliament session adjourned till next Tuesday. Make no mistake – this was not for lack of “compromise” – everyone was there. They had their candidates in hand. This was about Maliki and the SLC core leadership not willing to let Maliki go as the PM. This is about political maneuvering to get rid of him. Period. Better for us to wait a bit than be stuck with Maliki again. We did see a lot of progress on the candidates - except the one that matters the most. The other spots are settled. (I think...) They are working on a way to ditch Maliki.
7-13-2014 Intel/Newshound Guru Poppy3 ...IT DOES APPEAR THAT THE CBI IS COMPLIANT OR AT LEAST VERY CLOSE TO BEING COMPLIANT IN EVERY WAY TO BE ABLE TO RELEASE THE RV. THERE IS NOT ANY WAY OF KNOWING WHAT THEIR TIME TABLE WILL BE ONCE MALIKI IS GONE. I FEEL THAT BECAUSE OF ALL THE PRE-WORK TO BECOME COMPLIANT AND THE SPEED AND DEDICATION IN THE LAST MONTHS INDICATES A URGENCY FOR SOME REASON AND THEY HAVE NEVER WORKED SO DILIGENTLY OVER ANYTHING AS THEY HAVE PREPARING TO BECOME A WORLD FINANCIAL POWER.
7-13-2014 Intel Guru Frank26 AMERICANS, Whoever they may be, have been WORKING with The Politicians in Iraq over time in the last five days! A USA Delegation is cleaning house right NOW! Hakim has had some successful meetings with these Americans...BUT if it is M [Maliki] then odds are we have lost The Kurds For awhile. This is from an office and official...USA is still saying M now has to go. Side bar: The CBI NEVER Asked for a seated government. IF all works out BY tomorrow with these politicians SUNDAY will be for a PM...3 presidents...Coronation and "A PLAN"! Lets wait and see what happens tomorrow and 3 days past that. [post 2 of 2]
7-13-2014 Intel Guru Frank26 We do NOT need a GOI for the CBI to release an IR [International Rate] for the IQD...NOTHING is interfering with this process. IMO, They have already sat the Parliament and are working outside of our vision and their two sets of Books never for our eyes. Now..."IF"...They are willing to sit tomorrow in front of the world...Then maybe...Just maybe they will pull this thing off tomorrow as planned. IMO, There is " A PLAN " Being put into place RIGHT NOW. [post 1 of 2....stay tuned] 7-12-2014 Newshound Guru tlm724 Article: "CBI: The use of electronic payment system for the settlement of the instruments between institutions" the MOF was linked June 23rd, sweet! now they can implement the tariffs if they are ready and the CBI as well, global financial transactions etc... going global baby! *hallelujah* [Help me out here if you could, one day Banking Institutions are leaving Iraq due to their concerns and fears, and now there going global...Confused?] the only Bank to physically pull out of Iraq was HBSC, the others are merely protecting their staff during the security crisis, they are not closing their doors permanently. I truly believe the economic and banking policies are going forward, this crisis has NOT stopped the CBI from going forward with reform at all!
7-12-2014 Newshound Guru Stryker Barazani and the Kurds are still a big part of the formation of the New Government of Iraq and as such Barzani continues to have meetings with other Iraq blocs to define the nominees for the three presidents...the Kurds have said that they want a clear nomination of all three presidencies before they attend the session and others have too. The National Alliance held a breakfast meeting today at the home of former Speaker of the House Osama Najafi's to nominate their new candidate for the Speaker of the Parliament. ...it is my opinion that "IF" there is a Parliament session tomorrow it will be adjourned because of lack of quorum. Not because they don't want to work; but because they may not be ready quite yet. Either way we are getting closer everyday...
7-12-2014 Intel/Newshound Guru Poppy3 For 2 days we see articles and cbi announcements...The plan is in MOTION...No need to go through all this expense, time, compliance issues, bank capital requirements, money laundering and counterfeiting regulations, transparency regulations, basil 3 compliance and reserve increases....and on and on - we have reached the culmination of the monetary reform plan! Now by golly, governor turki, pull the cord!!
7-12-2014 Intel Guru Delta [Would love to hear your opinion if they will sit this Sunday.] THERE IS A BIG HUGE PROBLEM WITH KURDS AS WE SPEAK. IF NOT FIXED WE MIGHT NOT SEE THE GOV UNTIL NEXT YEAR. I DON'T CARE ABOUT MALIKI OR KURDS. JUST WATCH THE CBI...CBI CAN RV WITHOUT GOV. THE IMF, THE WORLD BANK, THE WHOLE WORLD CAN'T WAIT ANYMORE. IF THE CBI HAS TO WAIT TO SEE A GOV, THEN WE WILL NEVER SEE ANY RV FOR EVER!!! CUZ MALIKI AND KURDS THEY WILL NEVER STOP FIGHTING. IMO THE CBI WILL PULL THE TRIGGER THIS MONTH.
7-12-2014 Intel Guru Frank26 THE CBI'S MR [MONETARY REORM] HAS NOTHING WHATSOEVER TO DO WITH THE GOI POLITICAL DRAMA. [Just wondered if you want to voice your opinion about the CBI releasing the rate this month?] Without exaggeration I Honestly Feel that with Every passing Nano Second ...There is Great Potential Creativity for the release of The IR [International Rate].
7-12-2014 Newshound Guru Doc This obviously brings us to the state of the dinar. As we have stated on numerous occasions it take a stable government and supporting laws to have a strong currency. Based on this none of our expert contacts believe the CBI will take action any time soon. In fact most have already written off the rest of this year at a minimum. Simply put the political landscape is entirely to risky. Most agree the CBI will have its work cut out to maintain current levels must less look for appreciation. We report, you decide [post 2 of 2]
7-12-2014 Newshound Guru Doc First and foremost the in country fighting is very real. Getting together as a democracy is no small feat for this culture. This is evident by Maliki not doing anything he has promised when it comes to the Sunnis and Kurds. Even recently the US gave him a deadline to form a more inclusive government and that deadline came and went and Maliki has not delivered. We...have witnessed this for years now and our conclusion is Maliki will never yield. Secondly, ISIS is not as strong as one may think. The Sunnis and Kurds are so fed up with Maliki and the Shiites that ISIS was able to catalyze this issue and basically start a civil war fueled by many Sunnis that actually don't hold the extremest views of the hardcore ISIS members. [post 1 of 2....stay tuned]
7-12-2014 Newshound/Intel Guru BGG Everybody that said Maliki was out of the country, gone, his Wednesday speech was made, I promise, from the safety of the green zone. What he did was try to stir up one more crisis, blaming everyone else, deflecting attention off of himself. This is really bad for Maliki. He has to go and that's the holdup for Iraq, financially and otherwise. This meeting coming up is the "ball game", keep an eye on what happens. I think they will make some progress. The next few days, and could even be the next week or two are going to be very critical to where we are. IMO, once there are some stabilizing factors in place in the Iraqi government you will see the economics take off like crazy.
7-12-14 Intel/Newshound Guru Poppy3 THE KURDS HAVE SAID MANY TIMES THEY WOULD NOT SHOW AND YET THE NEXT DAY THEY HAVE BEEN SETTING ON THE FRONT ROW. I HAVE CONFIDENCE THEY WILL BE THERE AND CAST THEIR VOTES TO REMOVE MALIKI AND SUPPORT THE PEOPLE OF IRAQ WITH SOMEONE THAT WILL BE INCLUSIVE. I ASSURE YOU WHOM EVER IS ELECTED PM THEY WILL STILL HAVE CONFLICT BUT AT LEAST THERE WILL BE OPEN DISCUSSIONS INSTEAD OF DISTRACTION. I THINK THIS TIME THEY WILL GET THIS RIGHT FOR THE FIRST TIME IN IRAQ HISTORY. WATCH THEIR ACTIONS...
7-12-2014 Newshound Guru Aggiedad77 "CBI Arabic Announcement Translated - Press Release" More noise by the CBI...no where does it say Q cards...but what else would be considered a safe and efficient means for payment systems today in Iraq? Long time in coming...let's hope it is not an equally long time in loading them up...many are waiting to get paid....projects are on hold at this moment...so much can be revitalized within Iraq because of these cards and the MR [Monetary Reform] process they represent.
7-12-2014 Newshound Guru Kaperoni "Indicators on the seriousness of the Iraqi dinar because of the security crisis and the government strongly reassure reservists" The dinar is in trouble. We have watched the CBI try to meet IMF requirements since last fall and had only minimal success. Even this article states..."..the recovery of the Iraqi dinar has been very slow,.." meaning Turki has not been able to bring the Market Rate down where it should be (within 2%). Printing new notes should help with confidence in the currency, but IMO they need to stop the violence soon or more and more merchants will go to the dollar forcing citizens to get dollars. 7-11-2014 Newshound Guru Millionday [so nothing on m [Maliki] handing over anything at this point?] not at this point -- but we should see by sunday by the looks of things or saturday night -- it looks like all is falling in place at the same time -- the thing is this -- Maliki doesnt hand anything over -- he is either voted in or not -- no control over this. [What actually has to happen in the right direction Sunday?] they are supposed to have the parliament session that announces the names of the three presidencies for the gov...it looks like they are working and the meetings do reflect that they expect to be on time.
7-11-2014 Intel Guru DC [via Adept1] Iraq wants this right now. The question is do they announce the positions first, the RV first, or both together. Everybody is ready whenever they choose the exact time. There are people jockeying for position with respect to the timing...the UST is very eager to get this done...The administration is quite ready; centers and reps are ready, too. Everyone is sitting around waiting for the exact time they do this. Everything is right here, right on the edge.
7-11-2014 Intel/Newshound Guru Poppy3 BANKS ARE MOVING FORWARD EVERYDAY. THEY ARE TO INSTALL THE NEW SOFTWARE FOR INTERNAL COMMUNICATION SOME TIME IN THE NEXT 5 DAYS AND THAT WILL ALLOW THEM TO IN COUNTRY COMMUNICATE BANK TO BANK. THE INTERNATIONAL SOFTWARE IS THERE ALREADY AND OPERATIONAL TO TRADE AND BANK WOULD WIDE.
7-11-2014 Intel Guru EXOGEN NOTE: THEY ARE UNLOADING INTERNATIONAL CARGO SHIPS RIGHT NOW IN IRAQ TODAY! DO YOU REALLY THINK A COUNTRY WOULD SHIP A CARGO SHIP TO IRAQ WITH NO PAYMENT IN FULL UP FRONT AND COMPLETE INSURANCE COVERAGE. THERE IS A LIVE INTERNATIONAL EXCHANGE RATE IN IRAQ RIGHT NOW TODAY! DO YOU THINK A BUSINESS, COMPANY OR COUNTRY WOULD TRUST IRAQ WITH AN IOU FOR A CARGO SHIP WHEN HISTORICALLY IRAQ IS ONE OF THE MOST CORRUPT COUNTRIES ON THE PLANET?
7-11-2014 Newshound/Intel Guru Randy Koonce QUIT LOOKING FOR A DATE TO BE DONE YOU ARE LOOKING FOR THE EVENTS TO TAKE PLACE AND BECAUSE IT IS A POLITICAL PROCESS NO ONE CAN GIVE YOU AN EXACT DATE. Iraq will have to show their GOI before too long...the last time they did this forming of a GOI after the election it went to the first of December...so I am showing you the time does not matter to them...Will it take that long this time? I,and this is opinion, do not think the pressure on Iraq to form a GOI will let them go that long...and they are still broke and cannot pay anyone. [post 3 of 3]
7-11-2014 Newshound/Intel Guru Randy Koonce Question 3 could it take longer for the PM to be seating...Yes...but we do not think so if you listen to all the news the GOI will be formed by the first...that has been moved right now any time to get formed...Question 4 will the fighting stop the RV...It has nothing to do with RV the money was only an issue if the US had troops that the militants could use the money to buy weapons against them. [post 2 of 3....stay tuned]
7-11-2014 Newshound/Intel Guru Randy Koonce we are coming to an end now with the GOI getting formed... Question 1 is Maliki Out...up unitl now he has been fighting to remain part of the GOI....the fighting in Iraq going on right now is because of Maliki so Maliki will not be part of the GOI or even any position...Will he fight up to the last minute Yes, but in the end it will not matter. Question 2 who will be the PM...it will either be Chalibi or Madhi either one for us is fine...we should know for sure in about a day...Right now it is Madhi. [post 1 of 3....stay tuned]
7-11-2014 Intel Guru Mnt Goat So where is this RV heading this coming week? All my intel sources are now telling me they plan to try again this weekend... Today is Friday, the process has already begun and so far it is moving ahead. I do not want to predict any dates or rates but I can say it does look very good for us next week to be at the banks if (remember I said “if”) Sunday’s session in parliament goes well and if their plan to form the government does not get interrupted. I do not predict rates so I will not divulge what I know in this area since they can change and probably will. I will say the IQD market rate is above $3 and the IQN contract rates with China and Vietnam/China (VNN) are still very strong and there is plenty of money remaining in the buckets for our exchanges. [post 2 of 2]
7-11-2014 Intel Guru Mnt Goat ...we anxiously await for the next parliamentary session on Sunday July 13th. All my intel sources from Iraq are telling me it is coming to an end and the government is already decided upon and just waiting for the final voting process as a matter of formality. The plan now is to vote on all three presidencies during this next session. He [Maliki] is gone! He has voluntarily retired and can no longer be a threat to the process of building this new government. As of June 14th his legitimate power as prime minister has ended. [post 1 of 2....stay tuned]
7-11-2014 Newshound Guru Kaperoni Article: "The Parliament of Kurdistan: charges, Al-Maliki's desperate attempt to cover his failure and fuelling the Iraqi Street" It’s become a war of words now between Maliki and the KRG. Maliki threatens them, the Kurds put out press releases and ship more oil. Maliki says they are harboring former Baath members, the Kurds announce a referendum before the end of the year. This is getting progressively worse and hopefully Maliki leaves before more infrastructure damage is done.
7-11-2014 Newshound Guru Aggiedad77 Article: "Ministers of the Kurds did not withdraw from the government" here is the article that I knew was coming...they have not left Baghdad but merely are awaiting the formation of a new government....one that does not include Maliki...I hope they aren't planning on holding their breath on that issue.....the jury is still out...though Sunday is not far off.
7-11-2014 Intel/Newshound Guru Poppy3 [What are your guys telling you regarding Maliki's future?] ...HE IS THE PROBLEM AND I HAVE BEEN SAYING FOR OVER A YEAR HE WILL BE OUT AND A NEW PM WILL BE NAMED. I ONLY HOPE THE NEW GUY RETAINS TURKI FOR AT LEAST A PERIOD TO ALLOW THE RV BEFORE HE IS CHANGED. [post 2 of 2]
7-11-2014 Intel/Newshound Guru Poppy3 I DON'T THINK WE WILL SEE ANY RATE TILL AFTER THE NEW PM IS NAMED AND THE GOI IS SEATED BUT I FULLY BELIEVE THAT ABSOLUTELY THE MINUTE THE NEW PM IS SEATED FROM THAT MOMENT FORWARD THE RV CAN TAKE PLACE AT ANYTIME FORWARD. WE ARE IN GOOD SHAPE IF ALL GOES WELL SUNDAY AND THERE IS NO REASON AT THIS TIME THAT SHOULD CAUSE A PROBLEM. WE NEED TO KEEP EYES AND EARS OPEN ABOUT MALIKI'S ACTIONS IN THE NEXT FEW DAYS. [post 1 of 2....stay tuned] 7-10-2014 Intel Guru Jester [is Maliki in or out...] HE IS STILL WHERE HE WAS AS FAR AS I CAN TELL... THE KURDS ARE DEMANDING...AND MAKING A STATEMENT TO GET HIM OUT BUT FROM WHAT I CAN SEE IT IS GNASHING OF TEETH SO FAR... [there is no "one thing" that means RV...right?] I CAN TELL YOU FOR A FACT...THERE HAVE BEEN HUNDREDS IF NOT THOUSANDS OF EVENTS THAT HAVE BEEN REPORTED TO MEAN SOME SORT OF INDICATION OF THE RV THAT SIMPLY NEVER PANNED OUT.
7-10-2014 Newshound Guru Tlar There is no news that is noteworthy coming out. At this point in the process, no news is probably good news. What is being printed is utter nonsense. Articles...saying the US and Iran are on board with a third term, are ridiculous... by and large the SOL has turned its back on Maliki. I am hopeful that they can build the government in one day but realistically it might take a couple of days. If we see the new POP in place, that means to me that the 3 presidencies are more than likely to follow quickly. It also could be that the new government could be introduced all at once before Sunday. If that happens we would then know that parliament has already been in session for a few days and would answer...the question, "if parliament is not in session, where are all the new laws that are being announced in the Gazette coming from?"
7-10-2014 Newshound Guru Aggiedad77 Article: "Indicators on the seriousness of the Iraqi dinar because of the security crisis and the government strongly reassure reservists" I firmly believe there must be a large number of people around the world that only read headlines and some of these are written purposefully to incite fear just from the title...while many Iraqi's made the choice to remove their money from various banks at the outset of the security issues with ISIS...the dinar itself has essentially remained unphased by the crisis.....as has been repeatedly mentioned over the past few weeks the reserves that the CBI has can easily continue to support the exchange rate of the dinar against the dollar.
7-10-2014 Intel Guru EXOGEN The question is what is the relevance of Maliki? Maliki has nothing to do with the CBI/TURKI and USA Bank Screens.
7-10-2014 Newshound Guru Stryker Article: "Parliament Official Notice Sunday" Quote: "In the public interest and commitment to constitutional contexts in order to preserve and continue to build democracy and again after consultation with the heads of blocs in parliament, we've decided to change the date of the previous call for parliament to convene on Sunday, 13 / July / 2014."
7-10-2014 Newshound Gurus tlm724 & Shredd My hope is that when you gain an appreciation of what is all being accomplished, you will see vital progress, not frustrating stagnation...finding this and showing you all so much is and has been moving forward. will this directly bring us an RV tomorrow? you all aren't that absent to think as such im sure...but, these all have to have been done to bring Iraq to the place they need to be. Some say the dinar was supposed to have moved by now as far as the monetary policy and the rate whether it be via a float, or a continued managed float. But it didn't, did it? Why? well, in part, these things had to be in place first. So, be excited we find this being done...great, great progress. [post 3 of 3]
7-10-2014 Newshound Gurus tlm724 & Shredd Trading is the life blood of any investment...once investments are established, the trading within them will take place safely, timely, efficiently and correctly due to the oversight of the ITFC. If that can’t happen, the investments will die the moment the market fluctuates...So, to see this bill being voted on is awesome to see. This is yet another “behind the scenes” necessity for Iraq to ascend to a place where investment and banking has a safe place to be... I’m [Shredd] a VP in a top 3 international bank and have been with them for ten years. I have full access to daily global accounts, massive investment vehicles and products and services that cover every single sector. The entire time I’ve been there, Iraq has been non-existent due to what we all know has been taking place there…and they still are today. These banking and investment laws, this ascension to the ITFC is absolutely necessary for Iraq to emerge among their peers to welcome global investment and to ensure safe banking and trading is in place. [post 2 of 3....stay tuned]
7-10-2014 Newshound Gurus tlm724 & Shredd Article quote: "We will also see the session the second reading of a bill accession of the Republic of Iraq to the establishment of the International Islamic Trade Finance" there has been several arts [articles] recently telling us what parliament has been working on and there was a bill being read that caught my attention...there 56 countries in the organization on several continents and Iraq is already listed as a member - now as mentioned in the above article they state "accession" into the Trade Finance Org. Imo, Iraq is now prepared to implement and take full advantage of the funds and many advantages of this Org...this accession is huge...major steps continue to take place behind the scenes...that bring Iraq to a place where they are ready to have a strong dinar in front of them. [post 1 of 3....stay tuned]
7-10-2014 Newshound Guru Tlar Expect a little more confusion in the next day or two. Articles will talk about Baghdad being besieged by the ISIS. Don't believe it. It will be a media campaign designed to speed the process. The RV will go down in the next week assuming they get the government formed which they now will. If it takes a couple of extra days don't be concerned. Just watch the progress and know it is a march toward completion. Christine Lagarde (head of IMF) said it best. 7 years of bad economy followed by 7 years of good starting in 2014. This will be the beginning of prosperity not just for you personally, but for the world. [post 2 of 2]
7-10-2014 Newshound Guru Tlar He [Maliki] played every dirty trick to win this election. He needed to go down and that is exactly what has happened. He is under detention... This is a process that must move forward and it is. Hopefully before Sunday the government will be announced. If not they will meet on Sunday and as quickly as possible they will vote this government in. Their first order of business will be the budget. Either just before or just after the budget, Turki will make the currency equal to the budget. Why, because he has to. This will move fast now...Everybody including me will just be witness the greatest event in our history. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz37XtdPcwX
7-9-2014 Intel Guru SteveI [do you think they will continue on Sunday to completing all the voting for President and PM too?] President and his deputies for sure, but for the Prime Minister, maybe or perhaps. It could but probably within days thereafter because of the mess they are in. As you have seen, this information can change within a few hours. It is very clear that they are in a pressure cooker now as the Supreme Court of Iraq is probably stepping in to uphold the constitution and deadlines set forth regarding the election timeline. There has been great pressure to select a different candidate, but Maliki himself has refused to withdraw his candidacy. Maliki has no chance of staying in power period.
7-9-2014 Intel Guru DC [via Adept1] In Iraq...we have had phone calls confirming that Maliki has retired... We are quite ready for the new PM, Speaker and President. They have been selected although not formally voted on. Everyone is in gear and ready to go, in terms of the ministers who have been selected. The customs, border agents, and CBI are all ready for this to get done. Everyone has calmed down and the security situation in Iraq is better due to actions against ISIS and others. Iraq is absolutely ready to go.The agencies are all green: UST, Fed, banks, UN, IMF, administration is absolutely ready to go and get things done. Everyone...is in the right seat for this to be executed. We don’t have the exact time...Now that everything has settled down, it’s ready to go!
7-9-2014 Intel Guru TNT Tony [via Adept1] We know a huge hurdle was removed when Maliki left, and since then everyone has been urging on the process. They don’t want you to know what time/date. All the obstacles have been cleared and now we are just waiting on when they make the announcements. Let’s see what happens.
7-9-2014 Newshound Guru Adam Montana Of lesser importance is the ISIS invasion...they are still fighting and the situation is not pretty, but they aren't going to take Baghdad and this can't go on forever. There will be a resolution in the near future. Parliament is making no progress at this time, but that will be changing soon as well. If Maliki wants to hold onto the power that he currently has, he must give in to some of the Kurds demands, and again... that's what will make things start moving in the right direction again. It's not time to give up, but don't expect anything major for a couple weeks. [post 2 of 2]
7-9-2014 Newshound Guru Adam Montana Nothing is going to happen until an official Prime Minister is in place. Period. At this time, there still is nobody that has strong enough support to replace Maliki. Although Maliki "won" the election, he doesn't have enough Parliamentary support to move forward. This means that he's going to have to reach across the aisle and make some friends in the Sunni camps, which will make a lot of Kurds happy and will assist in moving EVERYTHING forward. [post 1 of 2....stay tuned]
7-9-2014 Newshound Guru Kaperoni ...the problems in Iraq are real and there is no change in value of the dinar coming for while. To much needs to be "fixed" ...political stability, a parliament that passes laws (and they have to start over an all laws that have been previously read), and the CBI needs to be in compliance with the IMF. Not to mention fix or repair damaged infrastructure that these terrorists are doing throughout the areas they are in. IMO, I cannot see how the CBI could do anything with the currency during the remainder of this year. [post 2 of 2]
7-9-2014 Newshound Guru Kaperoni Much of the information the last month on the political situation coming from Iraq has been very accurate. I have talked to businessmen in Iraq. They say it is a mess and getting really bad. We know the political situation is real because not only the articles but middle east experts are discussing and talking about the situation... It is real and not made up or some cover for a secret RV coming. Heck the Kurds announced today they will have the referendum for succession before the end of the year. [post 1 of 2....stay tuned]
7-9-2014 Intel Guru WILDDUCK LOTS OF NEWS TODAY VERY FAST MOVING AND LOTS OF GOOD STUFF, AS SOON AS ELVIS LEFT THE BUILDING...SEEMS TO HAVE BEEN THE CORK IN THE BOTTLE, GENIE IS OUT NOW.
7-9-2014 Newshound Guru Tlar There is a move to make the SOL do the right thing through incentive (carrot and stick). This should clear the way for a smooth parliamentary meeting Sunday or before. The blocks will quickly clean up last minute disputes and get on with the business of creating a government. Turki is waiting as are you and I and will do his thing shortly after announcement. I think within days as in a few. It has been a long winding road to get here since July 1st but I believe we are almost there barring no more unforeseen problems. [post 2 of 2]
7-9-2014 Newshound Guru Tlar You all have heard the rumors floating around Baghdad. There was and is much going on behind the scenes; some of it covert to change the situation and remove Maliki. He has to go and there are rumors including an article saying he has been dropped by the SOL, another rumor of a coup and yet another of Maliki has left the country. If you recall the article saying both Iran and the US have made strange bedfellows and both want him out... [post 1 of 2....stay tuned]
7-9-2014 Newshound/Intel Guru Arthur [via Bailey2] dinar rate .87 - $4...VND rate .48 - $3...saying anytime this week...International contacts saying it's done...it's not about Maliki.
7-9-2014 Newshound/Intel Guru Flashing [via Bailey2] dinar rate $5 - $9...RV should be released anytime now.
7-9-2014 Newshound Guru Enorrste Article Quote: "The Governor of Central Bank of Iraq, Abdul-Basit Turki, that Iraq is able to get out of its current crisis, "noting that the Iraqi dinar and supported by a strong cash reserve of 70 billion dollars and is not linked to any other currency. And pointed out that the Turkish central bank is able to support the exchange rate of the dinar, which currently stands at 1200 dinars to the dollar but did not rule affected the exchange rate." I have consistently held the view that the security situation, the political situation, and the CBI situation are not intrinsically linked together, as some...believe. That is why I remain positive on our investment. Turki is confirming my position on this with this statement.
7-9-2014 Intel/Newshound Guru Poppy3 ALSO CBI HELD MEETING FOR THE PURPOSE OF DISCUSSION OF STEP BY STEP PROCEDURE FOR DIFFERENT AGENCIES AND OFFICES ON ARRANGEMENT AND LAWS GOVERNING THE FULL BANKING INDUSTRY AND THE FINANCIAL REFORM PROCEDURE THAT MUST BE PUT INTO PROCESS FOR ALL BANKS EQUALLY BOTH PRIVATE AND GOVERNMENT SUPPORTED BANKS. TO ME ALL SEEM VERY WELL IN IRAQ. THERE IS LITTLE TO ZERO ATTACKS AND NEVER HAS BEEN BY THIS ISIS GROUP THIS HAS ALL BEEN A CHARADE AND THE MEDIA HAS BLOWN IT WAY OUT OF PROPORTION. LIKE OLD POPPY3 HAS ALWAYS TAUGHT YOU ABOUT IRAQ WATCH THEIR ACTIONS AND FORGET WHAT THEY SAY OR THEIR MEDIA SAYS. [post 2 of 2]
7-9-2014 Intel/Newshound Guru Poppy3 ...THERE WHERE MEETINGS TODAY IN SPITE OF ALL THE NEWS THAT THERE WOULD NOT BE A FULL PARLIAMENT MEETING. MEETINGS WHERE HELD BY DIFFERENT TRIBAL GROUPS DISCUSSING ALL THE POSSIBILITIES OF NOMINATED PERSONS FOR ALL DIFFERENT POSITIONS INCLUDING THE PM POSITION. CONSENSUS SAID TO BE TOWARD A PM THAT WILL FUNCTION WITHIN A DEMOCRATIC PLATFORM AND WILL SUPPORT ALL PEOPLE FROM ALL BACKGROUND. [post 1 of 2....stay tuned] 7-8-2014 Intel Guru EXOGEN Maliki - in or out of Iraq? Maliki now in London. RV & GCR - we are looking for something to happen this week, but this is a fluid situation. Meeting changed to this Sunday. All currencies are locked and loaded...in the system. Everything is pointing to us being at the end. They are literally telling everybody that they are ready to business internationally. Getting some conflicting info on the cards (some loaded, some not), but all info is showing ready to go. I just did get some intel...We're hearing that tomorrow just might be it...now don't everybody go crazy! It's not impossible this won't happen tomorrow. I don't see why this can't happen this week, I'll put it like that.
7-8-2014 Newshound Guru Kaperoni "banks start to pull out of Iraq" The reality is, these banks came in 6-10 months ago with the plan to start investment rebuilding and participating in Iraq's market economy. The monetary policy did not comply, they did not move to Article VIII, they did not open the capital account nor did parliament pass any laws to support that stage. So how long do you expect these banks to sit and do nothing? Well, it appears 6 months to a year is about all they are willing to give Iraq.
7-8-2014 Intel Guru WILDDUCK [Has anyone found proof m [Maliki] is gone?] ELVIS HAS LEFT THE BUILDING...I AM ABSOLUTELY POSITIVE ELVIS LEFT THE BUILDING AND NOW IT IS GAME ON. GET REALLY, REALLY HAPPY CAUSE HE IS REALLY REALLY LONG GONE...ALREADY AT HIS NEW HOME.
7-8-2014 Intel Guru TNT Tony As the news reported Maliki is no longer the problem, he has been removed. There is nothing stopping you from getting paid.
7-8-2014 Intel Guru Delta RE: CHRISTINE LAGARDE'S JANUARY CONFERENCE: ...it's an amazing speech from the head of the IMF. Talking about numerology and some kind of codes. The IMF tells us which people will, and the global reset. Christine Lagarde did this conference in January. We believe she is giving you the date to something. We do believe the IMF is preparing us, for something big to happen to us. They cannot do it without the Iraqi dinar. The Iraqi dinar will go very high, from 1166. What I believe is we know that in July, something is going to happen...but they don't have an exact date. They have to do the plan, they have to recheck some currencies, some are going to go up and some are going to be down. Iraq does not control their currency. The IMF controls Iraqi currency, the IMF and the World Bank. And who has the most voting power in the IMF - The US. Even Turki (CBI Governor) said "..in the middle of the year".
7-8-2014 Intel/Newshound Guru Poppy3 ...here is further proof of what I have been telling all of you that this ISIS invasion is all bologna...THIS GUY IS THERE JUST LIKE MY MILITARY COL. THAT IS THERE AND HE HAS BEEN KEEPING ME INFORMED OF ALL THE BULL BEING PUT OUT FOR THE PUBLIC. I HAVEN'T UNCOVERED THE WHY YET BUT WE SHOULD SEE SOME FACTUAL INFORMATION SOON. ...THERE HASN'T EVEN BEEN A SHOT FIRED IN SOME OF THESE SO CALLED CITIES THE ISIS GROUP IS SUPPOSED TO HAVE CAPTURED. WHY WE ARE BEING SO MISLEAD IS NOT CLEAR AT THIS TIME... I HAVE BEEN TOLD BY TWO PEEPS IN IRAQ...THAT MANY OF THE FILM BEING SHOWN OF SHOTS BEING FIRED ARE SHOTS FROM THE WAR YEARS AGO. WATCH THE ACTIONS TODAY BECAUSE THEIR ACTIONS ARE NOT MATCHING THEIR WORDS.
7-8-2014 Intel Guru TerryK IF - AND IF M [Maliki] IS OUT OF THE COUNTRY...NOTHING TO BACK THAT UP AT THIS TIME THAT HE IS... BUT IF HE IS, WE ARE LOOKING AT A 48-72 OF THIS GOING DOWN. IF HE IS IN COUNTRY WE ARE IN DEEP WATER WITHOUT A LIFE JACKET. FOR NOW ALL INDICATIONS IS THAT HE IS OUT OF COUNTRY.
7-8-2014 Intel Guru Mnt Goat Plan A was to try to get him [Maliki] to cooperate and transition and assist. He chose not to help. They have already tried the easy way and so now what remained was execution of Plan B. It has been activated and Maliki is now on his way to London to meet his family. He will not be allowed to return into Iraq. You may hear news contrary to what I have just told you about Maliki but believe me he is gone. You may also be hearing rumors they may wait till August to hold a third session. This was only suggested and never officially scheduled. Of course this is foolish since the next session that of July 13th has already been scheduled and is now a matter of public record. There is a very strong possibility they will not wait till July 13th now that Maliki is gone.
7-8-2014 Newshound Guru Shredd Article: "National Coalition: Sentan decision to postpone the parliament session unless the second to be held in the next week [Expanded] News Source: Ali AldhargamSection" Quote: "Iraqi National Coalition, vowed to appeal the decision to postpone the date of the second meeting with the Federal Court unless it is held in the next week." Nice to see the urgency to meet next week. Let's see what the Federal Court decides.
7-8-2014 Newshound Guru Kaperoni [How long are you going to hold on before you decide to cash out your dinar?] I am waiting for the 2014 IMF Article IV Consultation. After review of that, I will decide. The last statement form the IMF was later this year so I am expecting it sometime in July-Aug.
7-8-2014 Newshound Guru tlm724 Article quote: "After our consultations with stakeholders it was agreed to invite the ladies and gentlemen of the Council members to the meeting and the completion of the first session of the Council on 12 / August / 2014 eleven o'clock in the morning." once again we see the Iraqi politicians at an impasse. The best thing would be for Maliki to step down and then they can fast track the whole political process. There is hope for a quick resolution.
7-8-2014 Newshound Guru Millionday Article quote: "A parliamentary source revealed on Monday, the Presidency of the Council of Representatives decided to postpone the second session of the Parliament to the 12th of August next." there are no guarantees of anything to do with this investments -- only that we are going to bring you the news and we are going to watch and see what happens. they have been given a constitutional deadline to have it complete...they seem to be moving very fast in the advancements for the economy and have little desire to ever finish the political side of things -- economically they are moving fast and doing a lot --- the political change they are having to complete is a stall in the road more than once -- but CBI has been working on a lot of changes in regulations and the move to lift the guardianship of the Warka bank and also extending many of the bank branches throughout the nation as well.
7-8-2014 Newshound Guru Kaperoni Article: "National Coalition will not attend tomorrow's session" It appears that parliament has been postponed to August 12th. 7-7-2014 Newshound Guru Millionday Article quote: "The bank's move to lift the guardianship for Warka Bank, after a period of almost two years good financial sense, because it will give a good indication of the guarantees of the banking and financial dealings in Iraq..." CBI ANNOUNCED THAT THEY ARE LIFTING THEIR GUARDIANSHIP AS SOON AS THEY RECEIVE THE DOCUMENTS. FOR TWO YEARS THEY HAVE BEEN UNDER GUARDIANSHIP. Quote: "Foreign Currency Exchange Warka Bank for Investment and Finance offers you the chance to buy and sell different currencies for investment purposes." THE NATIONAL CURRENCY WOULD HAVE TO BE INTERNATIONALLY RECOGNIZED FOR YOU TO DO THIS IN IRAQ. I DO NOT AND NO ONE KNOWS WHEN THE REALITY RATE FOR GLOBAL TRADE WILL BE SHOWN. OK SO THAT WAS GREAT NEWS AND IS VERY GOOD FOR OUR INVESTMENT.
7-7-2014 Intel Guru DC [via Adept1] It was scheduled to go on Thursday evening, all set up for the three-day weekend, everything was set up, and M [Maliki] got passive-aggressive and made everyone extremely nervous. He is acting like he is PM, but there are two other candidates who will do a good job. They are ready to go, and we are waiting on M [Maliki] to vacate the PM’s office. Maliki has been outmanoeuvring everyone, and I will not under-estimate him until he’s gone. In the good old US of A everyone Is ready and they are aggressively eager in getting this done NOW. [Days or weeks?] Days or hours, in my opinion.
7-7-2014 Intel Guru TNT Tony [via Adept1] A lot of things are happening. Some...are saying the sky is falling, this will never happen... There have been holdups; this should have gone last week and it didn’t, but that is not the end of the earth. The rates and structures being set up now are for our benefit. Senior delegates from the US are over there now, in Iraq right now to get it right so that this can go forward. It could happen today, tomorrow; everyone is expecting it at that time. After the final agreements are in place, it will be anywhere from a few minutes to a couple of hours.
7-7-2014 Intel Guru TerryK I'M HEARING TWO THINGS M [Maliki] IS GOING TO BE THE PUPPET PM YET THERE IS ANOTHER THAT IS BEING TALKED ABOUT TO BE SET. KINDA SAME BULL AS LAST ELECTION. A [ALLAWI] WON LAST TIME AND M [MALIKI] WAS PM. ANOTHER WON THIS TIME AND M [MALIKI] TO BE PM.
7-7-2014 Intel Guru EXOGEN SO NEEDLESS TO SAY THERE IS MAJOR TROUBLE IN PARADISE SO MY PEOPLE CANNOT RULE OUT THAT THIS COULD DRAG ON PAST TOMORROW AS THEY ARE MEETING AGAIN AS WE SPEAK IN A DESPERATE ATTEMPT TO GET THEIR DUCKS IN A ROW WHICH IS VERY MUCH EASIER SAID THAN DONE. WHAT THEY DO RULE OUT IS THAT IT WILL BE TILL AUGUST 12TH OR THEY WOULD HAVE DEFINITELY BEEN NOTIFIED TO CHANGE THEIR SECURITY PROTOCOLS ALREADY. [post 2 of 2]
7-7-2014 Intel Guru EXOGEN I HAVE SOME NEW CLARIFICATION REGARDING THE MAJOR DISAGREEMENT IN THE MAIN MEETING OF 2 MEETINGS THAT WERE HELD YESTERDAY. ONE WAS HELD AT JAFAARI'S OFFICE...THE OTHER AT HAKIM'S RESIDENCE. THE JAFAARI MEETING WENT RELATIVELY SMOOTH BUT THAT WAS NOT THE CASE AT THE MORE IMPORTANT HAKIM MEETING. SEVERAL BREAKDOWNS HAPPENED. [post 1 of 2....stay tuned]
7-7-2014 Newshound/Intel Guru Arthur There is a lot of conflicting intel and articles regarding the confusing political and security situation in Iraq and how it all impacts where we are right now. From what we see, we can safely assume that they WILL NOT allow Maliki to continue as Prime Minister because they have made that perfectly clear. We can also assume that, based on Kerry's personal visit and the urgency of his message for the acceleration of the forming of the government, that the PTB want this done sooner rather than later and that they are much further along in the process, politically, economically and security than we are being led to believe for obvious reasons that include keeping the wannabe dictator off balance for what is to come. So from this, we can safely assume that we are definitely in the end game process of the entire plan which culminates in the RI/RV of the Iraqi dinar.
7-7-2014 Intel Guru Flashing ...Iraq is very close to reach that goal and we are just waiting for the release. The information i have received is promising and we should be very happy during the incoming days. You have to look with special glasses all the information being provided by the press as of now. Why because of security concerns? All the real information is classified and will not be released until they take care of the dictator...based on my information it is about to be done...so be positive and have your plans ready. you are about to have a big surprise.
7-7-2014 Newshound/Intel Guru BGG I am thinking the world will not let Maliki continue endangering the bulk of the oil supplies and reserves of the WHOLE WORLD over his "power lust" - I don't see where they can... he's put the whole Middle East in jeopardy... and I don't see how they (everyone) will let him keep "Gerry Mandering" the whole process.
7-7-2014 Newshound Guru Millionday the kurdistan region has designed a currency of their own to go along with many statements that they may demand the right to be their own state. Barzani has held a press conference stating that he is polling the citizens to see if they are for an individual state or against it -- this would of course imply it would be democratic. the move to become a nation on the flip of a dime (no pun intended) is not a normal act ---- it would require many many laws and regulation changes and constitutional changes etc -- the earliest date i have seen it as being possible is 2017. [This is posturing by Barzani? And this talk changes nothing w the CBI?] i would say it changes nothing with iraq's economic reform and is meant to show how serious they are about Maliki.
7-7-2014 Intel Guru TerryK [what are you hearing?] WE ARE TO SEE THIS ANYTIME. I'M JUST A WAITING ON A CALL.
7-7-2014 Newshound Guru Kaperoni The [longer] this continues the more damage is done. And this is a setback. In reality, If Maliki squats, and the violence escalates we could be looking at a year or more to restore what had been accomplished prior. I wish there was better news..but this is not good news and we all need to be aware and should watch it closely as it is significant to our investment. I am keeping my fingers crossed and hoping for the best! [post 2 of 2]
7-7-2014 Newshound Guru Kaperoni Article: "Political blocs warns of blocking the formation of the government for "a long time" because of the insistence of Maliki confirms: Star is not the most likely candidate" Maliki has set the stage...stating he will not give up the right to a 3rd term which is really saying.."I am not leaving no matter what" unless toes up. The reality is everyone...nobody wants to admit it, but this is a real bad situation...not only for Iraq but for us as investors...when these types of events happen (terrorists taking over a province) or Maliki (refusing to leave)...the end result is not only an escalation in violence but the destruction of years of hard work rebuilding the infrastructure. [post 1 of 2....stay tuned] 7-6-2014 Intel/Newshound Guru Poppy3 IRAQ MEETING ON TUESDAY AROUND NOON WITH A LARGE AGENDA AND I PROMISE YOU THEY WILL NOT GET IT ALL DONE. WE WILL BE VERY FORTUNATE IF WE SEE THE PRESIDENTS VOTED ON MUCH LESS REMOVING MALIKI . I HOPE I AM VERY WRONG AND THEY ACCOMPLISH ALL THAT IS NEEDED INCLUDING GETTING RID OF HIM. IF THEY FINISH ALL THEN THE MOVEMENT WILL BE SWIFT IS WHAT I AM STILL BEING TOLD.
7-6-2014 Newshound Guru wmawhite It appears to only support Maliki has is within the SoL...the rest of the NA don't want him, the Sunnis don't want him, the Kurds don't want him...and he bought a $3 million home for his family within the last 3 weeks in Qatar...maybe he knows.
7-6-2014 Newshound Guru Tlar There is a lot of confusion going on now with some articles offering hope then other articles saying there are disputes within the coalition and even more saying they won't be ready. I feel very comfortable that this is the finest snow job I have ever been witness to. The intention of which is to keep the SOL and Maliki in the dark. IMO they are ready this time just as Allawi stated a couple of days ago. With all the confusion being spread, the SOL has no clue how to react or plan. That's exactly the way it is supposed to be IMO. Keep them guessing and then lower the "boom". Walk in and vote them into oblivion and quickly leave. We will just have to see on Tuesday whether what have been witnessing in the press is just smoke.
7-6-2014 Intel Guru Hub ...the dinar has had a value for 200 years and will retain the value...in 1955 it was $2.55 and in 1990 it was $3.22. ...the main outlook is the dinar will revalue...it has too to maintain the history...and so we are waiting for it to happen. i dont know what it will revalue at... [post 2 of 2]
7-6-2014 Intel Guru Hub ...i have three close very close people [that] know more than we do...real...time business currency business info and they were in on the kuwait rv and they know the talk and talk the walk...the real information is the dinar has been revalued. [contact says it RV?] two major contacts, yes. ...some of my people are all oil people in iraq, iran, kuwait, saudi, and the other mid east oil people...these people are a special breed...my contact which is a currency broker, made a killing on the revaluation of the kuwait dinar. [post 1` of 2...stay tuned]
7-6-2014 Newshound Guru Chattels The Kurds had announced in advance their intention to leave after being sworn in if there was no declaration of the PM nominee in advance...there is a procedural "game" being played out between the SLC and the National Alliance and the anti - Maliki forces are watching it closely. BUT, who can know what is "in play", Kurdish independence, oil sales, or does any of this have any effect upon our liquidity event? there is no "RV manual", this is all " unploughed " ground.
7-6-2014 Newshound Guru Millionday Article quote: "House of Representatives went to approve the budget of the year 2014 during the sessions of the new parliament. source said "morning": "After choosing the Presidency of the Council of Representatives new this month will be the inclusion of the adoption of the budget law..." the budget is very important to the position they are in for security among other things and will be addressed right away --- it is to be addressed by the new parliament...i know many of us have heard the huge hopes on the passing of the budget as well the fact that they have not passed it until now or at least coming up with the first session --- very positive news.
7-6-2014 Newshound Guru Stryker ...why forming a new government is so hard...too many parties involved with too many opinions on how and who can take the job of Prime Minister (PM). They are united as a National Alliance against Maliki but they are all over the place on who they want as their pick as PM. Maliki is using this in his favor at the moment but if they get together, Maliki is gone. Here is the guy that can get it done for them in my opinion: Adil Abdul Mahdi an Iraqi Shi'a respected by all. Then the Political and Economic situation would be right for the country in the eye's of Abdul Basset Turki and then he can pull the trigger for what should be an RV. Next Parliament session is on Tuesday the 8th, keep you fingers crossed for real unity between the National Alliance Blocs.
7-6-2014 Intel Guru Frank26 To be truly honest ...We felt there would be news two days ago on the sitting. Then we found out...that NOTHING would be shown to the world until a time frame of 8th to 10th of July. I am NOT talking about an IR ...We seek a governmental formation. WE CONTROL all that Iraq is doing...Try to UNDERSTAND IT IS THE USA THAT IS DETERMINING EVEN THIS SLOW SPEED!
Read more: http://www.dinarguru.com/#ixzz374bFD2J7
7-9-2014 Intel Guru DC [via Adept1] In Iraq...we have had phone calls confirming that Maliki has retired... We are quite ready for the new PM, Speaker and President. They have been selected although not formally voted on. Everyone is in gear and ready to go, in terms of the ministers who have been selected. The customs, border agents, and CBI are all ready for this to get done. Everyone has calmed down and the security situation in Iraq is better due to actions against ISIS and others. Iraq is absolutely ready to go.The agencies are all green: UST, Fed, banks, UN, IMF, administration is absolutely ready to go and get things done. Everyone...is in the right seat for this to be executed. We don’t have the exact time...Now that everything has settled down, it’s ready to go!
7-9-2014 Intel Guru TNT Tony [via Adept1] We know a huge hurdle was removed when Maliki left, and since then everyone has been urging on the process. They don’t want you to know what time/date. All the obstacles have been cleared and now we are just waiting on when they make the announcements. Let’s see what happens.
7-9-2014 Newshound Guru Adam Montana Of lesser importance is the ISIS invasion...they are still fighting and the situation is not pretty, but they aren't going to take Baghdad and this can't go on forever. There will be a resolution in the near future. Parliament is making no progress at this time, but that will be changing soon as well. If Maliki wants to hold onto the power that he currently has, he must give in to some of the Kurds demands, and again... that's what will make things start moving in the right direction again. It's not time to give up, but don't expect anything major for a couple weeks. [post 2 of 2]
7-9-2014 Newshound Guru Adam Montana Nothing is going to happen until an official Prime Minister is in place. Period. At this time, there still is nobody that has strong enough support to replace Maliki. Although Maliki "won" the election, he doesn't have enough Parliamentary support to move forward. This means that he's going to have to reach across the aisle and make some friends in the Sunni camps, which will make a lot of Kurds happy and will assist in moving EVERYTHING forward. [post 1 of 2....stay tuned]
7-9-2014 Newshound Guru Kaperoni ...the problems in Iraq are real and there is no change in value of the dinar coming for while. To much needs to be "fixed" ...political stability, a parliament that passes laws (and they have to start over an all laws that have been previously read), and the CBI needs to be in compliance with the IMF. Not to mention fix or repair damaged infrastructure that these terrorists are doing throughout the areas they are in. IMO, I cannot see how the CBI could do anything with the currency during the remainder of this year. [post 2 of 2]
7-9-2014 Newshound Guru Kaperoni Much of the information the last month on the political situation coming from Iraq has been very accurate. I have talked to businessmen in Iraq. They say it is a mess and getting really bad. We know the political situation is real because not only the articles but middle east experts are discussing and talking about the situation... It is real and not made up or some cover for a secret RV coming. Heck the Kurds announced today they will have the referendum for succession before the end of the year. [post 1 of 2....stay tuned]
7-9-2014 Intel Guru WILDDUCK LOTS OF NEWS TODAY VERY FAST MOVING AND LOTS OF GOOD STUFF, AS SOON AS ELVIS LEFT THE BUILDING...SEEMS TO HAVE BEEN THE CORK IN THE BOTTLE, GENIE IS OUT NOW.
7-9-2014 Newshound Guru Tlar There is a move to make the SOL do the right thing through incentive (carrot and stick). This should clear the way for a smooth parliamentary meeting Sunday or before. The blocks will quickly clean up last minute disputes and get on with the business of creating a government. Turki is waiting as are you and I and will do his thing shortly after announcement. I think within days as in a few. It has been a long winding road to get here since July 1st but I believe we are almost there barring no more unforeseen problems. [post 2 of 2]
7-9-2014 Newshound Guru Tlar You all have heard the rumors floating around Baghdad. There was and is much going on behind the scenes; some of it covert to change the situation and remove Maliki. He has to go and there are rumors including an article saying he has been dropped by the SOL, another rumor of a coup and yet another of Maliki has left the country. If you recall the article saying both Iran and the US have made strange bedfellows and both want him out... [post 1 of 2....stay tuned]
7-9-2014 Newshound/Intel Guru Arthur [via Bailey2] dinar rate .87 - $4...VND rate .48 - $3...saying anytime this week...International contacts saying it's done...it's not about Maliki.
7-9-2014 Newshound/Intel Guru Flashing [via Bailey2] dinar rate $5 - $9...RV should be released anytime now.
7-9-2014 Newshound Guru Enorrste Article Quote: "The Governor of Central Bank of Iraq, Abdul-Basit Turki, that Iraq is able to get out of its current crisis, "noting that the Iraqi dinar and supported by a strong cash reserve of 70 billion dollars and is not linked to any other currency. And pointed out that the Turkish central bank is able to support the exchange rate of the dinar, which currently stands at 1200 dinars to the dollar but did not rule affected the exchange rate." I have consistently held the view that the security situation, the political situation, and the CBI situation are not intrinsically linked together, as some...believe. That is why I remain positive on our investment. Turki is confirming my position on this with this statement.
7-9-2014 Intel/Newshound Guru Poppy3 ALSO CBI HELD MEETING FOR THE PURPOSE OF DISCUSSION OF STEP BY STEP PROCEDURE FOR DIFFERENT AGENCIES AND OFFICES ON ARRANGEMENT AND LAWS GOVERNING THE FULL BANKING INDUSTRY AND THE FINANCIAL REFORM PROCEDURE THAT MUST BE PUT INTO PROCESS FOR ALL BANKS EQUALLY BOTH PRIVATE AND GOVERNMENT SUPPORTED BANKS. TO ME ALL SEEM VERY WELL IN IRAQ. THERE IS LITTLE TO ZERO ATTACKS AND NEVER HAS BEEN BY THIS ISIS GROUP THIS HAS ALL BEEN A CHARADE AND THE MEDIA HAS BLOWN IT WAY OUT OF PROPORTION. LIKE OLD POPPY3 HAS ALWAYS TAUGHT YOU ABOUT IRAQ WATCH THEIR ACTIONS AND FORGET WHAT THEY SAY OR THEIR MEDIA SAYS. [post 2 of 2]
7-9-2014 Intel/Newshound Guru Poppy3 ...THERE WHERE MEETINGS TODAY IN SPITE OF ALL THE NEWS THAT THERE WOULD NOT BE A FULL PARLIAMENT MEETING. MEETINGS WHERE HELD BY DIFFERENT TRIBAL GROUPS DISCUSSING ALL THE POSSIBILITIES OF NOMINATED PERSONS FOR ALL DIFFERENT POSITIONS INCLUDING THE PM POSITION. CONSENSUS SAID TO BE TOWARD A PM THAT WILL FUNCTION WITHIN A DEMOCRATIC PLATFORM AND WILL SUPPORT ALL PEOPLE FROM ALL BACKGROUND. [post 1 of 2....stay tuned] 7-8-2014 Intel Guru EXOGEN Maliki - in or out of Iraq? Maliki now in London. RV & GCR - we are looking for something to happen this week, but this is a fluid situation. Meeting changed to this Sunday. All currencies are locked and loaded...in the system. Everything is pointing to us being at the end. They are literally telling everybody that they are ready to business internationally. Getting some conflicting info on the cards (some loaded, some not), but all info is showing ready to go. I just did get some intel...We're hearing that tomorrow just might be it...now don't everybody go crazy! It's not impossible this won't happen tomorrow. I don't see why this can't happen this week, I'll put it like that.
7-8-2014 Newshound Guru Kaperoni "banks start to pull out of Iraq" The reality is, these banks came in 6-10 months ago with the plan to start investment rebuilding and participating in Iraq's market economy. The monetary policy did not comply, they did not move to Article VIII, they did not open the capital account nor did parliament pass any laws to support that stage. So how long do you expect these banks to sit and do nothing? Well, it appears 6 months to a year is about all they are willing to give Iraq.
7-8-2014 Intel Guru WILDDUCK [Has anyone found proof m [Maliki] is gone?] ELVIS HAS LEFT THE BUILDING...I AM ABSOLUTELY POSITIVE ELVIS LEFT THE BUILDING AND NOW IT IS GAME ON. GET REALLY, REALLY HAPPY CAUSE HE IS REALLY REALLY LONG GONE...ALREADY AT HIS NEW HOME.
7-8-2014 Intel Guru TNT Tony As the news reported Maliki is no longer the problem, he has been removed. There is nothing stopping you from getting paid.
7-8-2014 Intel Guru Delta RE: CHRISTINE LAGARDE'S JANUARY CONFERENCE: ...it's an amazing speech from the head of the IMF. Talking about numerology and some kind of codes. The IMF tells us which people will, and the global reset. Christine Lagarde did this conference in January. We believe she is giving you the date to something. We do believe the IMF is preparing us, for something big to happen to us. They cannot do it without the Iraqi dinar. The Iraqi dinar will go very high, from 1166. What I believe is we know that in July, something is going to happen...but they don't have an exact date. They have to do the plan, they have to recheck some currencies, some are going to go up and some are going to be down. Iraq does not control their currency. The IMF controls Iraqi currency, the IMF and the World Bank. And who has the most voting power in the IMF - The US. Even Turki (CBI Governor) said "..in the middle of the year".
7-8-2014 Intel/Newshound Guru Poppy3 ...here is further proof of what I have been telling all of you that this ISIS invasion is all bologna...THIS GUY IS THERE JUST LIKE MY MILITARY COL. THAT IS THERE AND HE HAS BEEN KEEPING ME INFORMED OF ALL THE BULL BEING PUT OUT FOR THE PUBLIC. I HAVEN'T UNCOVERED THE WHY YET BUT WE SHOULD SEE SOME FACTUAL INFORMATION SOON. ...THERE HASN'T EVEN BEEN A SHOT FIRED IN SOME OF THESE SO CALLED CITIES THE ISIS GROUP IS SUPPOSED TO HAVE CAPTURED. WHY WE ARE BEING SO MISLEAD IS NOT CLEAR AT THIS TIME... I HAVE BEEN TOLD BY TWO PEEPS IN IRAQ...THAT MANY OF THE FILM BEING SHOWN OF SHOTS BEING FIRED ARE SHOTS FROM THE WAR YEARS AGO. WATCH THE ACTIONS TODAY BECAUSE THEIR ACTIONS ARE NOT MATCHING THEIR WORDS.
7-8-2014 Intel Guru TerryK IF - AND IF M [Maliki] IS OUT OF THE COUNTRY...NOTHING TO BACK THAT UP AT THIS TIME THAT HE IS... BUT IF HE IS, WE ARE LOOKING AT A 48-72 OF THIS GOING DOWN. IF HE IS IN COUNTRY WE ARE IN DEEP WATER WITHOUT A LIFE JACKET. FOR NOW ALL INDICATIONS IS THAT HE IS OUT OF COUNTRY.
7-8-2014 Intel Guru Mnt Goat Plan A was to try to get him [Maliki] to cooperate and transition and assist. He chose not to help. They have already tried the easy way and so now what remained was execution of Plan B. It has been activated and Maliki is now on his way to London to meet his family. He will not be allowed to return into Iraq. You may hear news contrary to what I have just told you about Maliki but believe me he is gone. You may also be hearing rumors they may wait till August to hold a third session. This was only suggested and never officially scheduled. Of course this is foolish since the next session that of July 13th has already been scheduled and is now a matter of public record. There is a very strong possibility they will not wait till July 13th now that Maliki is gone.
7-8-2014 Newshound Guru Shredd Article: "National Coalition: Sentan decision to postpone the parliament session unless the second to be held in the next week [Expanded] News Source: Ali AldhargamSection" Quote: "Iraqi National Coalition, vowed to appeal the decision to postpone the date of the second meeting with the Federal Court unless it is held in the next week." Nice to see the urgency to meet next week. Let's see what the Federal Court decides.
7-8-2014 Newshound Guru Kaperoni [How long are you going to hold on before you decide to cash out your dinar?] I am waiting for the 2014 IMF Article IV Consultation. After review of that, I will decide. The last statement form the IMF was later this year so I am expecting it sometime in July-Aug.
7-8-2014 Newshound Guru tlm724 Article quote: "After our consultations with stakeholders it was agreed to invite the ladies and gentlemen of the Council members to the meeting and the completion of the first session of the Council on 12 / August / 2014 eleven o'clock in the morning." once again we see the Iraqi politicians at an impasse. The best thing would be for Maliki to step down and then they can fast track the whole political process. There is hope for a quick resolution.
7-8-2014 Newshound Guru Millionday Article quote: "A parliamentary source revealed on Monday, the Presidency of the Council of Representatives decided to postpone the second session of the Parliament to the 12th of August next." there are no guarantees of anything to do with this investments -- only that we are going to bring you the news and we are going to watch and see what happens. they have been given a constitutional deadline to have it complete...they seem to be moving very fast in the advancements for the economy and have little desire to ever finish the political side of things -- economically they are moving fast and doing a lot --- the political change they are having to complete is a stall in the road more than once -- but CBI has been working on a lot of changes in regulations and the move to lift the guardianship of the Warka bank and also extending many of the bank branches throughout the nation as well.
7-8-2014 Newshound Guru Kaperoni Article: "National Coalition will not attend tomorrow's session" It appears that parliament has been postponed to August 12th. 7-7-2014 Newshound Guru Millionday Article quote: "The bank's move to lift the guardianship for Warka Bank, after a period of almost two years good financial sense, because it will give a good indication of the guarantees of the banking and financial dealings in Iraq..." CBI ANNOUNCED THAT THEY ARE LIFTING THEIR GUARDIANSHIP AS SOON AS THEY RECEIVE THE DOCUMENTS. FOR TWO YEARS THEY HAVE BEEN UNDER GUARDIANSHIP. Quote: "Foreign Currency Exchange Warka Bank for Investment and Finance offers you the chance to buy and sell different currencies for investment purposes." THE NATIONAL CURRENCY WOULD HAVE TO BE INTERNATIONALLY RECOGNIZED FOR YOU TO DO THIS IN IRAQ. I DO NOT AND NO ONE KNOWS WHEN THE REALITY RATE FOR GLOBAL TRADE WILL BE SHOWN. OK SO THAT WAS GREAT NEWS AND IS VERY GOOD FOR OUR INVESTMENT.
7-7-2014 Intel Guru DC [via Adept1] It was scheduled to go on Thursday evening, all set up for the three-day weekend, everything was set up, and M [Maliki] got passive-aggressive and made everyone extremely nervous. He is acting like he is PM, but there are two other candidates who will do a good job. They are ready to go, and we are waiting on M [Maliki] to vacate the PM’s office. Maliki has been outmanoeuvring everyone, and I will not under-estimate him until he’s gone. In the good old US of A everyone Is ready and they are aggressively eager in getting this done NOW. [Days or weeks?] Days or hours, in my opinion.
7-7-2014 Intel Guru TNT Tony [via Adept1] A lot of things are happening. Some...are saying the sky is falling, this will never happen... There have been holdups; this should have gone last week and it didn’t, but that is not the end of the earth. The rates and structures being set up now are for our benefit. Senior delegates from the US are over there now, in Iraq right now to get it right so that this can go forward. It could happen today, tomorrow; everyone is expecting it at that time. After the final agreements are in place, it will be anywhere from a few minutes to a couple of hours.
7-7-2014 Intel Guru TerryK I'M HEARING TWO THINGS M [Maliki] IS GOING TO BE THE PUPPET PM YET THERE IS ANOTHER THAT IS BEING TALKED ABOUT TO BE SET. KINDA SAME BULL AS LAST ELECTION. A [ALLAWI] WON LAST TIME AND M [MALIKI] WAS PM. ANOTHER WON THIS TIME AND M [MALIKI] TO BE PM.
7-7-2014 Intel Guru EXOGEN SO NEEDLESS TO SAY THERE IS MAJOR TROUBLE IN PARADISE SO MY PEOPLE CANNOT RULE OUT THAT THIS COULD DRAG ON PAST TOMORROW AS THEY ARE MEETING AGAIN AS WE SPEAK IN A DESPERATE ATTEMPT TO GET THEIR DUCKS IN A ROW WHICH IS VERY MUCH EASIER SAID THAN DONE. WHAT THEY DO RULE OUT IS THAT IT WILL BE TILL AUGUST 12TH OR THEY WOULD HAVE DEFINITELY BEEN NOTIFIED TO CHANGE THEIR SECURITY PROTOCOLS ALREADY. [post 2 of 2]
7-7-2014 Intel Guru EXOGEN I HAVE SOME NEW CLARIFICATION REGARDING THE MAJOR DISAGREEMENT IN THE MAIN MEETING OF 2 MEETINGS THAT WERE HELD YESTERDAY. ONE WAS HELD AT JAFAARI'S OFFICE...THE OTHER AT HAKIM'S RESIDENCE. THE JAFAARI MEETING WENT RELATIVELY SMOOTH BUT THAT WAS NOT THE CASE AT THE MORE IMPORTANT HAKIM MEETING. SEVERAL BREAKDOWNS HAPPENED. [post 1 of 2....stay tuned]
7-7-2014 Newshound/Intel Guru Arthur There is a lot of conflicting intel and articles regarding the confusing political and security situation in Iraq and how it all impacts where we are right now. From what we see, we can safely assume that they WILL NOT allow Maliki to continue as Prime Minister because they have made that perfectly clear. We can also assume that, based on Kerry's personal visit and the urgency of his message for the acceleration of the forming of the government, that the PTB want this done sooner rather than later and that they are much further along in the process, politically, economically and security than we are being led to believe for obvious reasons that include keeping the wannabe dictator off balance for what is to come. So from this, we can safely assume that we are definitely in the end game process of the entire plan which culminates in the RI/RV of the Iraqi dinar.
7-7-2014 Intel Guru Flashing ...Iraq is very close to reach that goal and we are just waiting for the release. The information i have received is promising and we should be very happy during the incoming days. You have to look with special glasses all the information being provided by the press as of now. Why because of security concerns? All the real information is classified and will not be released until they take care of the dictator...based on my information it is about to be done...so be positive and have your plans ready. you are about to have a big surprise.
7-7-2014 Newshound/Intel Guru BGG I am thinking the world will not let Maliki continue endangering the bulk of the oil supplies and reserves of the WHOLE WORLD over his "power lust" - I don't see where they can... he's put the whole Middle East in jeopardy... and I don't see how they (everyone) will let him keep "Gerry Mandering" the whole process.
7-7-2014 Newshound Guru Millionday the kurdistan region has designed a currency of their own to go along with many statements that they may demand the right to be their own state. Barzani has held a press conference stating that he is polling the citizens to see if they are for an individual state or against it -- this would of course imply it would be democratic. the move to become a nation on the flip of a dime (no pun intended) is not a normal act ---- it would require many many laws and regulation changes and constitutional changes etc -- the earliest date i have seen it as being possible is 2017. [This is posturing by Barzani? And this talk changes nothing w the CBI?] i would say it changes nothing with iraq's economic reform and is meant to show how serious they are about Maliki.
7-7-2014 Intel Guru TerryK [what are you hearing?] WE ARE TO SEE THIS ANYTIME. I'M JUST A WAITING ON A CALL.
7-7-2014 Newshound Guru Kaperoni The [longer] this continues the more damage is done. And this is a setback. In reality, If Maliki squats, and the violence escalates we could be looking at a year or more to restore what had been accomplished prior. I wish there was better news..but this is not good news and we all need to be aware and should watch it closely as it is significant to our investment. I am keeping my fingers crossed and hoping for the best! [post 2 of 2]
7-7-2014 Newshound Guru Kaperoni Article: "Political blocs warns of blocking the formation of the government for "a long time" because of the insistence of Maliki confirms: Star is not the most likely candidate" Maliki has set the stage...stating he will not give up the right to a 3rd term which is really saying.."I am not leaving no matter what" unless toes up. The reality is everyone...nobody wants to admit it, but this is a real bad situation...not only for Iraq but for us as investors...when these types of events happen (terrorists taking over a province) or Maliki (refusing to leave)...the end result is not only an escalation in violence but the destruction of years of hard work rebuilding the infrastructure. [post 1 of 2....stay tuned] 7-6-2014 Intel/Newshound Guru Poppy3 IRAQ MEETING ON TUESDAY AROUND NOON WITH A LARGE AGENDA AND I PROMISE YOU THEY WILL NOT GET IT ALL DONE. WE WILL BE VERY FORTUNATE IF WE SEE THE PRESIDENTS VOTED ON MUCH LESS REMOVING MALIKI . I HOPE I AM VERY WRONG AND THEY ACCOMPLISH ALL THAT IS NEEDED INCLUDING GETTING RID OF HIM. IF THEY FINISH ALL THEN THE MOVEMENT WILL BE SWIFT IS WHAT I AM STILL BEING TOLD.
7-6-2014 Newshound Guru wmawhite It appears to only support Maliki has is within the SoL...the rest of the NA don't want him, the Sunnis don't want him, the Kurds don't want him...and he bought a $3 million home for his family within the last 3 weeks in Qatar...maybe he knows.
7-6-2014 Newshound Guru Tlar There is a lot of confusion going on now with some articles offering hope then other articles saying there are disputes within the coalition and even more saying they won't be ready. I feel very comfortable that this is the finest snow job I have ever been witness to. The intention of which is to keep the SOL and Maliki in the dark. IMO they are ready this time just as Allawi stated a couple of days ago. With all the confusion being spread, the SOL has no clue how to react or plan. That's exactly the way it is supposed to be IMO. Keep them guessing and then lower the "boom". Walk in and vote them into oblivion and quickly leave. We will just have to see on Tuesday whether what have been witnessing in the press is just smoke.
7-6-2014 Intel Guru Hub ...the dinar has had a value for 200 years and will retain the value...in 1955 it was $2.55 and in 1990 it was $3.22. ...the main outlook is the dinar will revalue...it has too to maintain the history...and so we are waiting for it to happen. i dont know what it will revalue at... [post 2 of 2]
7-6-2014 Intel Guru Hub ...i have three close very close people [that] know more than we do...real...time business currency business info and they were in on the kuwait rv and they know the talk and talk the walk...the real information is the dinar has been revalued. [contact says it RV?] two major contacts, yes. ...some of my people are all oil people in iraq, iran, kuwait, saudi, and the other mid east oil people...these people are a special breed...my contact which is a currency broker, made a killing on the revaluation of the kuwait dinar. [post 1` of 2...stay tuned]
7-6-2014 Newshound Guru Chattels The Kurds had announced in advance their intention to leave after being sworn in if there was no declaration of the PM nominee in advance...there is a procedural "game" being played out between the SLC and the National Alliance and the anti - Maliki forces are watching it closely. BUT, who can know what is "in play", Kurdish independence, oil sales, or does any of this have any effect upon our liquidity event? there is no "RV manual", this is all " unploughed " ground.
7-6-2014 Newshound Guru Millionday Article quote: "House of Representatives went to approve the budget of the year 2014 during the sessions of the new parliament. source said "morning": "After choosing the Presidency of the Council of Representatives new this month will be the inclusion of the adoption of the budget law..." the budget is very important to the position they are in for security among other things and will be addressed right away --- it is to be addressed by the new parliament...i know many of us have heard the huge hopes on the passing of the budget as well the fact that they have not passed it until now or at least coming up with the first session --- very positive news.
7-6-2014 Newshound Guru Stryker ...why forming a new government is so hard...too many parties involved with too many opinions on how and who can take the job of Prime Minister (PM). They are united as a National Alliance against Maliki but they are all over the place on who they want as their pick as PM. Maliki is using this in his favor at the moment but if they get together, Maliki is gone. Here is the guy that can get it done for them in my opinion: Adil Abdul Mahdi an Iraqi Shi'a respected by all. Then the Political and Economic situation would be right for the country in the eye's of Abdul Basset Turki and then he can pull the trigger for what should be an RV. Next Parliament session is on Tuesday the 8th, keep you fingers crossed for real unity between the National Alliance Blocs.
7-6-2014 Intel Guru Frank26 To be truly honest ...We felt there would be news two days ago on the sitting. Then we found out...that NOTHING would be shown to the world until a time frame of 8th to 10th of July. I am NOT talking about an IR ...We seek a governmental formation. WE CONTROL all that Iraq is doing...Try to UNDERSTAND IT IS THE USA THAT IS DETERMINING EVEN THIS SLOW SPEED!
Read more: http://www.dinarguru.com/#ixzz374bFD2J7
7-5-2014 Intel Guru Bluwolf MEDIA COVERAGE OF INSURGENCIES WILL STOP OR ARE ALREADY BEING TREATED. THERE WILL NOT BE ANY ANNOUNCEMENT OF A INTERNATIONAL RELEASE IN IRAQ IT WILL JUST SURPRISE THE WORLD. CHANGES TO POLITICAL STAND IN'S WILL BE SWIFT AND DEMOCRATIC, IN FACT THEY ALREADY HAVE THE NEW PM, IT WILL HOWEVER BE PUBLISHED IN THERE GAZETTE AND THAT WILL GO PUBLIC... LETS SEE WHAT THE CAT BRINGS IN, IN A FEW DAYS TIME.
7-5-2014 Newshound Guru Enorrste Until the constitutional process plays itself out, Maliki is definitely still in the game. ...it is my opinion that Maliki will stretch this out in an attempt to gain more votes....he is not giving up and he has a track record for doing this sort of thing. I believe that the plan is still in play, although delayed somewhat by the political machinations and the security situation (two things specifically mentioned by the CBI numerous times). These are partly Maliki's problem, but I don't think that he is motivated by a desire to "crash the plan" in terms of the dinar. His motivation is much simpler: power, money, control. The fact that the people are suffering can definitely be laid at his feet, IMO. But the dinar simply cannot be floated yet. Therefore the plan is "in play" until the timing is right. Maliki, should he survive, will allow the institution of the plan. At that point it will be to his political advantage to do so. It will be a part of his legacy.
7-5-2014 Intel Guru Mnt Goat I can tell you there is a USA plan in place and the events unfolding now have to line up just right (or coincide) in the next 3 days and then they will pop this RV then if this happens. If the right chess moves are not allowed to happen in Tuesday’s session in parliament to satisfy the USA (and thus also the people of Iraq)...Maliki will be forcefully taken out...let’s see how this drama all works out over the next 72 hours or worst case maybe 7 days -but I hope not. There is literally just one issue now that is stopping the announcement...the USA has already completed 95%+ of the rollout process already. If all goes as planned (plan A) we will be at the banks next week. But if the USA has to force this government change they it may take a little longer.
7-5-2014 Intel/Newshound Guru Poppy3 I AM NOW OF THE OPINION THAT BEHIND THE SCENES AGREEMENTS ARE BEING DISCUSSED BY THE DIFFERENT BLOCS TO BE SURE THEY HAVE THE VOTES TO CONTROL MALIKI . THE ONLY PART OF THIS THAT SCARES ME IS THAT THE KURDS HAVE AGAIN CHOSEN NOT TO ATTEND.
7-5-2014 Newshound Guru Kaperoni I cannot pinpoint a timeframe with certainty based on the banking infrastructure project scheduled for end of this year/2014-2015. I can though pinpoint with certainty that a market economy will not succeed without first having a convertible currency (Article VIII) and an open Capital Account. Those are requirements. So if your looking for a trigger...look for the laws to pass...once they do that, there is nothing holding the economy back but the CBI. [post 2 of 2]
7-5-2014 Newshound Guru Kaperoni ...when Iraq is sole dependent on oil and 95% or about of the countries revenue is dollars, they can stay on the dollar until the cows come home. But that is not a market economy. So the answer to the question is when? It is easily answered...when Iraq decides to change to a market economy, reduce oil dependence, and open the door for investment in agriculture, manufacturing, tourism, etc...then the day will be here for the dinar to have value and will contribute to Iraq's economic success. Which is the very reason today, nothing will happen with the dinar. They are not ready. No government, no laws to support the transition to a market economy, banking laws also need updating, etc. Once that is done...then the CBI will make a move to Article VIII and the rest will follow. [post 1 of 2....stay tuned]
7-5-2014 Newshound Guru Tlar We are on hold because Tuesday the 1st of this week parliament met, was sworn in then adjourned planning on this coming week to finish. This coming Tuesday, the 8th, is critically important to our investment. They are planning on nominating the POP first, then the President, then his two deputies and lastly the PM, all in one day. I hope they are ready to go and can get it done as they think. When they get that done the new government will be announced and seated. Next will follow within days the RV of the currency ($3.25 - $3.65). This is the plan and we better hope it is successful. Maliki must be taken down in this session. If not and the plan fails, it won't be pretty for our investment and there will be a likely hood of a civil war between the Shia and the Sunni.
7-5-2014 Intel Guru Okie_Oil_Man FOR SEVERAL WEEKS NOW I HAVE BEEN REQUESTED NOT TO POST ANY INTEL REGARDING THE GCR/RV AND I HAVE BEEN HONORING THAT REQUEST. I HAVE BEEN FULLY INFORMED WHAT HAS/IS/WILL TRANSPIRE AND TRUELY HAVE WANTED TO SHARE. PLEASE ACCEPT MY ASSURANCE EVERYTHING IS WONDERFUL AND THE PROCESS IS TAKING PLACE IN A TIMELY FASHION. THE NEWS RECEIVED WITHIN THE PAST FEW HOURS REGARDING THE GCR/RV IS VERY ENCOURAGING AND SEEMINGLY VERY IMMENENT. I REMAIN AT MY POST AWAITING THE FINAL POST AUTHORIZED TO BE MADE BY ME. 7-4-2014 Intel/Newshound Guru Poppy3 FROM THE VERY MOMENT THE PM IS ANNOUNCED THE RV CAN FALL AT ANY MOMENT FROM THAT TIME FORWARD. ALSO THEY WILL KNOW LONG BEFORE YOU AND I WILL BE INFORMED WHO WILL BE PM AND IF TURKI IS STAYING IN PLACE. STAND BUY THE WAIT IS VERY CLOSE AT HAND.
7-4-2014 Intel Guru TNT Tony Things are still going in the right direction...looking for an excellent weekend.
7-4-2014 Intel Guru TD I can tell you with certainty through my source that the Kurds are NOT bluffing and behind the scenes are receiving strong support of their intentions from neighbor Turkey, EU countries and the US is quietly endorsing the go ahead since they (The US) feels having a predictable stable & reliable Kurdistan is in everyone's best interests. As Barzani already acknowledged the other day in his interview with the BBC; the Kurds already believe they know partitioning is "imminent" and already happening....and I can tell you with confidence that this time, and in this case, it is highly possible and probable. [post 2 of 2]
7-4-2014 Intel Guru TD On June 25th, I posted of the Kurds intention to start to communicate to the world (media, countries, MNC's, etc) as an "independent minded" entity as they had started in motion their sovereign nation plans. And...by recent articles-they have done exactly that. Also in that post I unveiled the Kurdish plans of bringing out their own currency (as I stated then as early as 2015). Today the Kurds published the images and details of that "possible" currency. [post 1 of 2....stay tuned]
7-4-2014 Intel/Newshound Guru Poppy3 TURKI AND MANY OTHERS HAVE STATED BEYOND A SHADOW OF DOUBT THEY ANNOUNCED TO THE WORLD NOT JUST THE PEOPLE OF IRAQ THAT THEY ARE READY TO IMPLEMENT FINANCIAL REFORM. SO WE KNOW WHAT HAS TO HAPPEN AND NO REASON TO BE EXPECTING ANYTHING DIFFERENT TIL SOMETHING DIFFERENT IS STATED FROM THE VERY PEOPLE WHO WILL BE THE ONE'S TO ACTIVATE WHAT WE NEED. [post 2 of 2]
7-4-2014 Intel/Newshound Guru Poppy3 ...BE READY FOR WHEN THE NEW PRIME MINISTER IS NAMED. I HAVE SAID SEVERAL TIME THAT MY CONTACT IN WASHINGTON TOLD ME POINT BLANK THAT THE IMF, WORLD BANK, AND CBI AGREED BEFORE THE ELECTIONS THAT THEY WOULD HOLD THE RV TILL THEY KNEW WHOM THEY WOULD BE WORKING WITH POST RV AND IF IT IS A NEW PM THAT THERE WOULD BE A POSSIBILITY OF EVEN A NEW CBI GOVERNOR SO ALL IS WELL. [post 1 of 2....stay tuned]
7-4-2014 Newshound Guru Kaperoni Article: "House Speaker Osama Najafi Najafi withdraw his candidacy for the presidency of the parliament confirms: Maliki agreed not to run for a third term versus my withdrawal" ...looks like...Maliki set a condition that Najafi steps down, then so would he. Next week will be interesting.
7-4-2014 Newshound Guru Stryker Article quote: "Parliament of the Kurdistan region of Iraq Tariq essence, that there is no decision or timetable to secede from Iraq." We wanted and needed some good news TODAY, well we have it. The Kurds walked out of their closed door parliament meeting today with a clear need to stay with a new formed federal government if they choose too and not a timetable to get their independence...they believe they can come together with the rest of the blocks to form a real roadmap to take Maliki out. ...here's more great news...Allawi says today that there is a real chance to form a real roadmap of unity so now he says his party will attend all parliament meetings to get it done.
7-3-2014 Newshound Guru Tlar Announcement of a new government hopefully next week. Rv a few days after. We are so close ...New government announced and then quickly after currency changed to new denoms smalls. Rate $3.25 - $3.65.
7-3-2014 Intel Guru SteveI 72 hours set for Iraq to choose New Prime Minister...I have a few of my contacts checking on this statement to see if in fact it is true or not. If true, then this is huge news for the Iraqi people as the UN and US are breathing down their necks to get this done.
7-3-2014 Intel Guru MarkZ [are we there are we there?] I think the answer to that is YES. Well we should be there next week anyways IMO... I have been looking for between the 7th and 10th. I can't really go into all the reasons but let me say the logic is SOLID. IMHO we are pretty much there and it looks to be a smooth finish ahead. I, as always when dealing with this - I reserve the right to be dead wrong. ;) Between banking sources, government sources both domestic and abroad plus military folks I feel pretty comfortable being dagnabit excited going into the Holiday. [So, we have an RV, RI, and GCR confirmed, right?] We have a reset of the banking software and what appears to be those things headed our way yes. We can't confirm the event until it happens which does appear to be days away.
7-3-2014 Intel Guru EXOGEN [Confirmed. RV, RI, and GCR confirmed; equals Christmas coming SOON. 100% confirmed. Tested, confirmed] [Holy Moly!!! Is this finally it?] YES THIS IS FINALLY IT!! ARE YOU READY? THERE WILL NOT BE AN ANNOUNCEMENT! YES-IT MEANS RED SUIT COMING IN DAYS! WHEN YOU SEE THE RED SUIT IT WILL MEAN GO TO THE BANK! "THE FINAL RED SUIT".
7-3-2014 Newshound Guru Tlar Press release: "Announced the CBI to conduct a number of improvements on his cards and cash by placing signs new security feature high protection against counterfeiting with changes in some designs banknotes" This article follows on the heels of the announcement by Kuwait of their printing their new bills with all the new security features. Tit for tat. These are the bills (5 trillion) Iraq printed a few months back and are still distributing. There is a lot going on we will never be privy to but things are moving ahead. When government (is) put together we will see RV within days. The rate has not changed between $3.25 and $3.65.
7-3-2014 New to the Dinar? Feel lost and "behind"? A great place to start is in the START HERE tab listed above at the top...many of your questions are answered there...enjoy.
7-3-2014 Newshound Guru Kaperoni Press Release: "The Iraqi Central Bank announced a number of improvements on his cash marks a new security feature high protection against counterfeiting with changes in some of the designs of banknotes" this appears to be the changes to the larger bills for added security...the CBI made "enhancements" to the smaller 250, 500s bills as well a few months ago. It does not mean new notes...other than reprinting of current denominations with some changes and security features. More importantly the CBI would never do this if they expected to "over night" RV... I cannot say it often enough...this is going to be a gradual appreciation...and it will not start until the laws are passed, the GOI is seated and the violence stops. Then... the CBI will open the capital account, change to Article VIII and new Exchange Regime and the dinar will begin to rise based on the economic conditions...the Balassa-Samuelson effect.
7-3-2014 Newshound Guru Adam Montana Right now we have 2 things going against an RV - the stalled elections and Ramadan. But on the other hand, we have one thing that is starting to look very positive in the near future - the KRG is in a much stronger position and this will force Maliki to either make concessions or be pushed out. We all know he doesn't want to be pushed out! When he makes the concessions, or is pushed out, Iraq as a country will be stronger and it will lead into everything we need to see for them to raise the value of their currency...which, by the way, is remaining strong in spite of the political, holiday, and ISIS situations. We will not see an RV in July..., but I will continue to monitor the situation
7-3-2014 Intel/Newshound Guru American Contractor The Shia cleric from Najaf al-Sistani never mentioned the removal of PM Nuri Maliki, just that the political groups nominate the three presidents by 1 July. Well, we know what happened and no Speaker, President and Prime Minister were nominated. There is much infighting between the groups to come to an agreement. I fully expect next Tuesday, July 8th to be the same if they even meet at all. If the political parties do not have a name that they all can agree on before the meeting next Tuesday, there will not be an Iraqi parliament meeting. 7-2-2014 Newshound Guru Millionday Article quote: "a member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri The the main currency in the country is among the dinar offset by the U.S. dollar, which is considered the base currency in the trading process locally and globally because of its economic power on the most influential countries in the world" this is saying it is time to set the rates and bring the dinar out to the world by releasing the rates...this is huge, they are discussing moving forward with their currency... they do not say when as far as what I see.
7-2-2014 Intel Guru DC [via Adept1] In Iraq...a PM has been selected just not announced, and the key positions are all accounted for. Maliki is still around but his influence is waning. The rest of Iraq has everyone falling in line with the new government, and the Sunnis agree to follow the new PM. Everyone has cut the best deal for their constituents, with international help. The Qi card rates are being adjusted to the RI, and that is happening throughout the country, according to the six folks we talk to throughout Iraq. Things look exceptionally good and we are basically in the same window...Everything from Monday is the same, it looks phenomenal, and we are expecting phone calls at any minute.
7-2-2014 Newshound Guru Administrator Bob Today's news focuses on some late information that the Kurdish region has announced the design of there own currency. The Central Bank of Iraq also released new specifications/security features for the larger denomination bills. This in our opinion clearly indicates that the existing currency will remain in circulation for several more months.
7-2-2014 Intel Guru TNT Tony [via Adept1] In Iraq...We know that the actual vote took place Monday night; we know the numbers and the new PM, and what they did so that people would stay and vote instead of walking out. There are things in parliament that have already happened, that you are hearing won’t happen until next week. Everyone is prepared; there were even some preparatory meetings this morning. I want you to understand that we are really, really close to the end of this ride. We’re really just waiting for announcements.
7-2-2014 Intel Guru Frank26 They pick the 3 Presidents...Which means they sat as a Parliament and Have a PM that is picking 3 prez somewhere in Iraq. They are ACTUALLY SITTING their GOVERNMENT for the first time in 10 years! That factor ALONE is Galactic in proportions compared to their lackadaisical pace and YOU are WITNESSING it.
7-2-2014 Intel Guru TD However Maliki will not go away quietly and there is hardly a charismatic, trouble free, adoring candidate to rule Iraq to the satisfaction of all parties. All this translates to is a huge mess which will require months to sort through. Many state that all the media coverage is "being blown way out of proportion". A United Nations report also out yesterday estimated 1500 civilians (total 2417) died in June. All this begs the question : Why would ANYONE believe that Iraq is on the verge of RI, RD or RV? [post 2 of 2]
7-2-2014 Intel Guru TD Yesterday's parliamentary debacle where people walked out after Maliki's name was brought up clearly shows that these factions are deeply divided and ready to move on. Barzani is hinting that Iraq has at best "a couple months" to straighten itself out or referendum by their parliament will declare to the world their independence. At this point, nothing short of handing over power to the Kurds will stop the inevitable: dividing Iraq into 3 states. [post 1 of 2....stay tuned]
7-2-2014 Intel Guru Jester [Have you heard anything regarding the ISX opening up to more outside Iraq trading?] THEY ARE ALREADY TRADING OUTSIDE. ANYONE TELLING YOU DIFFERENT IS SPINNING IT TO MAKE YOU THINK THEY KNOW SOMETHING. I HAVE TOLD YOU...TO QUIT LOOKING FOR ISOLATED EVENTS LIKE THAT TRYING TO MAKE THEM MEAN SOMETHING.
7-2-2014 Newshound Guru Chattels the following is an excellent concise description of the state of affairs in Iraq: "Embattled Prime Minister Nouri al-Maliki despite facing massive opposition to re-election persists in his efforts for a third term while Sunni extremists and Iraqi Sunni tribes gain control of large swaths of land and Kurds threaten to secede."
7-2-2014 Newshound Guru Enorrste Maliki will stall until the Kurds make their decision. The only way in which they would elect not to leave greater Iraq is if they are part of a unified government without Maliki. That prognosis is highly unlikely at the present time. Therefore, Maliki would be shrewd to sit back and let events unfold. By law he is in the first position. By practice he has shown that he might take up to 10 months to form a new government. By Barzani's statement, if Maliki is given that opportunity, he will leave greater Iraq. Maliki's response? "Don't let the door hit you on the way out." Maliki is in a fairly good position at this point. He cannot be summarily removed. A large chunk of his opposition is about to bolt. Time is on his side. [post 2 of 2]
7-2-2014 Newshound Guru Enorrste Article: "Barzani: We seek to determine the day of the referendum on independence and the schedule will only take months" ...based on this article...a process has been initiated to separate from greater Iraq by the Kurds. It may take several months. Suppose that the Kurds are successful and that they vote to leave. It is clear from other articles that such a vote would be successful. What then? The answer is this: 62 total votes will leave the Iraqi Parliament, leaving only 266 total members in the Iraqi Parliament. This would mean that it would take only 134 votes for a candidate to form a new government rather than the current 165 votes. Now ask this question: who would benefit from the Kurds leaving the greater Iraqi union? Answer: Maliki. [post 1of 2....stay tuned]
7-2-2014 Newshound Guru Millionday supply and demand is what a market economy is...the economic reforms are going well and are not being held up due to security... the foreign investors are bringing jobs and also moving forward as expected in their contracts for infrastructure. the result of any slow down was from the media reports-- those are the negative insights to what is going on and what is being done about it... the oil export is ready and willing able etc. and the stabilization of the reality of the monetary reform is supported by the reserves held by CBI. so as we see the one thing we all love...PROGRESS!
Read more: http://www.dinarguru.com/#ixzz36h14vHiA
7-5-2014 Newshound Guru Enorrste Until the constitutional process plays itself out, Maliki is definitely still in the game. ...it is my opinion that Maliki will stretch this out in an attempt to gain more votes....he is not giving up and he has a track record for doing this sort of thing. I believe that the plan is still in play, although delayed somewhat by the political machinations and the security situation (two things specifically mentioned by the CBI numerous times). These are partly Maliki's problem, but I don't think that he is motivated by a desire to "crash the plan" in terms of the dinar. His motivation is much simpler: power, money, control. The fact that the people are suffering can definitely be laid at his feet, IMO. But the dinar simply cannot be floated yet. Therefore the plan is "in play" until the timing is right. Maliki, should he survive, will allow the institution of the plan. At that point it will be to his political advantage to do so. It will be a part of his legacy.
7-5-2014 Intel Guru Mnt Goat I can tell you there is a USA plan in place and the events unfolding now have to line up just right (or coincide) in the next 3 days and then they will pop this RV then if this happens. If the right chess moves are not allowed to happen in Tuesday’s session in parliament to satisfy the USA (and thus also the people of Iraq)...Maliki will be forcefully taken out...let’s see how this drama all works out over the next 72 hours or worst case maybe 7 days -but I hope not. There is literally just one issue now that is stopping the announcement...the USA has already completed 95%+ of the rollout process already. If all goes as planned (plan A) we will be at the banks next week. But if the USA has to force this government change they it may take a little longer.
7-5-2014 Intel/Newshound Guru Poppy3 I AM NOW OF THE OPINION THAT BEHIND THE SCENES AGREEMENTS ARE BEING DISCUSSED BY THE DIFFERENT BLOCS TO BE SURE THEY HAVE THE VOTES TO CONTROL MALIKI . THE ONLY PART OF THIS THAT SCARES ME IS THAT THE KURDS HAVE AGAIN CHOSEN NOT TO ATTEND.
7-5-2014 Newshound Guru Kaperoni I cannot pinpoint a timeframe with certainty based on the banking infrastructure project scheduled for end of this year/2014-2015. I can though pinpoint with certainty that a market economy will not succeed without first having a convertible currency (Article VIII) and an open Capital Account. Those are requirements. So if your looking for a trigger...look for the laws to pass...once they do that, there is nothing holding the economy back but the CBI. [post 2 of 2]
7-5-2014 Newshound Guru Kaperoni ...when Iraq is sole dependent on oil and 95% or about of the countries revenue is dollars, they can stay on the dollar until the cows come home. But that is not a market economy. So the answer to the question is when? It is easily answered...when Iraq decides to change to a market economy, reduce oil dependence, and open the door for investment in agriculture, manufacturing, tourism, etc...then the day will be here for the dinar to have value and will contribute to Iraq's economic success. Which is the very reason today, nothing will happen with the dinar. They are not ready. No government, no laws to support the transition to a market economy, banking laws also need updating, etc. Once that is done...then the CBI will make a move to Article VIII and the rest will follow. [post 1 of 2....stay tuned]
7-5-2014 Newshound Guru Tlar We are on hold because Tuesday the 1st of this week parliament met, was sworn in then adjourned planning on this coming week to finish. This coming Tuesday, the 8th, is critically important to our investment. They are planning on nominating the POP first, then the President, then his two deputies and lastly the PM, all in one day. I hope they are ready to go and can get it done as they think. When they get that done the new government will be announced and seated. Next will follow within days the RV of the currency ($3.25 - $3.65). This is the plan and we better hope it is successful. Maliki must be taken down in this session. If not and the plan fails, it won't be pretty for our investment and there will be a likely hood of a civil war between the Shia and the Sunni.
7-5-2014 Intel Guru Okie_Oil_Man FOR SEVERAL WEEKS NOW I HAVE BEEN REQUESTED NOT TO POST ANY INTEL REGARDING THE GCR/RV AND I HAVE BEEN HONORING THAT REQUEST. I HAVE BEEN FULLY INFORMED WHAT HAS/IS/WILL TRANSPIRE AND TRUELY HAVE WANTED TO SHARE. PLEASE ACCEPT MY ASSURANCE EVERYTHING IS WONDERFUL AND THE PROCESS IS TAKING PLACE IN A TIMELY FASHION. THE NEWS RECEIVED WITHIN THE PAST FEW HOURS REGARDING THE GCR/RV IS VERY ENCOURAGING AND SEEMINGLY VERY IMMENENT. I REMAIN AT MY POST AWAITING THE FINAL POST AUTHORIZED TO BE MADE BY ME. 7-4-2014 Intel/Newshound Guru Poppy3 FROM THE VERY MOMENT THE PM IS ANNOUNCED THE RV CAN FALL AT ANY MOMENT FROM THAT TIME FORWARD. ALSO THEY WILL KNOW LONG BEFORE YOU AND I WILL BE INFORMED WHO WILL BE PM AND IF TURKI IS STAYING IN PLACE. STAND BUY THE WAIT IS VERY CLOSE AT HAND.
7-4-2014 Intel Guru TNT Tony Things are still going in the right direction...looking for an excellent weekend.
7-4-2014 Intel Guru TD I can tell you with certainty through my source that the Kurds are NOT bluffing and behind the scenes are receiving strong support of their intentions from neighbor Turkey, EU countries and the US is quietly endorsing the go ahead since they (The US) feels having a predictable stable & reliable Kurdistan is in everyone's best interests. As Barzani already acknowledged the other day in his interview with the BBC; the Kurds already believe they know partitioning is "imminent" and already happening....and I can tell you with confidence that this time, and in this case, it is highly possible and probable. [post 2 of 2]
7-4-2014 Intel Guru TD On June 25th, I posted of the Kurds intention to start to communicate to the world (media, countries, MNC's, etc) as an "independent minded" entity as they had started in motion their sovereign nation plans. And...by recent articles-they have done exactly that. Also in that post I unveiled the Kurdish plans of bringing out their own currency (as I stated then as early as 2015). Today the Kurds published the images and details of that "possible" currency. [post 1 of 2....stay tuned]
7-4-2014 Intel/Newshound Guru Poppy3 TURKI AND MANY OTHERS HAVE STATED BEYOND A SHADOW OF DOUBT THEY ANNOUNCED TO THE WORLD NOT JUST THE PEOPLE OF IRAQ THAT THEY ARE READY TO IMPLEMENT FINANCIAL REFORM. SO WE KNOW WHAT HAS TO HAPPEN AND NO REASON TO BE EXPECTING ANYTHING DIFFERENT TIL SOMETHING DIFFERENT IS STATED FROM THE VERY PEOPLE WHO WILL BE THE ONE'S TO ACTIVATE WHAT WE NEED. [post 2 of 2]
7-4-2014 Intel/Newshound Guru Poppy3 ...BE READY FOR WHEN THE NEW PRIME MINISTER IS NAMED. I HAVE SAID SEVERAL TIME THAT MY CONTACT IN WASHINGTON TOLD ME POINT BLANK THAT THE IMF, WORLD BANK, AND CBI AGREED BEFORE THE ELECTIONS THAT THEY WOULD HOLD THE RV TILL THEY KNEW WHOM THEY WOULD BE WORKING WITH POST RV AND IF IT IS A NEW PM THAT THERE WOULD BE A POSSIBILITY OF EVEN A NEW CBI GOVERNOR SO ALL IS WELL. [post 1 of 2....stay tuned]
7-4-2014 Newshound Guru Kaperoni Article: "House Speaker Osama Najafi Najafi withdraw his candidacy for the presidency of the parliament confirms: Maliki agreed not to run for a third term versus my withdrawal" ...looks like...Maliki set a condition that Najafi steps down, then so would he. Next week will be interesting.
7-4-2014 Newshound Guru Stryker Article quote: "Parliament of the Kurdistan region of Iraq Tariq essence, that there is no decision or timetable to secede from Iraq." We wanted and needed some good news TODAY, well we have it. The Kurds walked out of their closed door parliament meeting today with a clear need to stay with a new formed federal government if they choose too and not a timetable to get their independence...they believe they can come together with the rest of the blocks to form a real roadmap to take Maliki out. ...here's more great news...Allawi says today that there is a real chance to form a real roadmap of unity so now he says his party will attend all parliament meetings to get it done.
7-3-2014 Newshound Guru Tlar Announcement of a new government hopefully next week. Rv a few days after. We are so close ...New government announced and then quickly after currency changed to new denoms smalls. Rate $3.25 - $3.65.
7-3-2014 Intel Guru SteveI 72 hours set for Iraq to choose New Prime Minister...I have a few of my contacts checking on this statement to see if in fact it is true or not. If true, then this is huge news for the Iraqi people as the UN and US are breathing down their necks to get this done.
7-3-2014 Intel Guru MarkZ [are we there are we there?] I think the answer to that is YES. Well we should be there next week anyways IMO... I have been looking for between the 7th and 10th. I can't really go into all the reasons but let me say the logic is SOLID. IMHO we are pretty much there and it looks to be a smooth finish ahead. I, as always when dealing with this - I reserve the right to be dead wrong. ;) Between banking sources, government sources both domestic and abroad plus military folks I feel pretty comfortable being dagnabit excited going into the Holiday. [So, we have an RV, RI, and GCR confirmed, right?] We have a reset of the banking software and what appears to be those things headed our way yes. We can't confirm the event until it happens which does appear to be days away.
7-3-2014 Intel Guru EXOGEN [Confirmed. RV, RI, and GCR confirmed; equals Christmas coming SOON. 100% confirmed. Tested, confirmed] [Holy Moly!!! Is this finally it?] YES THIS IS FINALLY IT!! ARE YOU READY? THERE WILL NOT BE AN ANNOUNCEMENT! YES-IT MEANS RED SUIT COMING IN DAYS! WHEN YOU SEE THE RED SUIT IT WILL MEAN GO TO THE BANK! "THE FINAL RED SUIT".
7-3-2014 Newshound Guru Tlar Press release: "Announced the CBI to conduct a number of improvements on his cards and cash by placing signs new security feature high protection against counterfeiting with changes in some designs banknotes" This article follows on the heels of the announcement by Kuwait of their printing their new bills with all the new security features. Tit for tat. These are the bills (5 trillion) Iraq printed a few months back and are still distributing. There is a lot going on we will never be privy to but things are moving ahead. When government (is) put together we will see RV within days. The rate has not changed between $3.25 and $3.65.
7-3-2014 New to the Dinar? Feel lost and "behind"? A great place to start is in the START HERE tab listed above at the top...many of your questions are answered there...enjoy.
7-3-2014 Newshound Guru Kaperoni Press Release: "The Iraqi Central Bank announced a number of improvements on his cash marks a new security feature high protection against counterfeiting with changes in some of the designs of banknotes" this appears to be the changes to the larger bills for added security...the CBI made "enhancements" to the smaller 250, 500s bills as well a few months ago. It does not mean new notes...other than reprinting of current denominations with some changes and security features. More importantly the CBI would never do this if they expected to "over night" RV... I cannot say it often enough...this is going to be a gradual appreciation...and it will not start until the laws are passed, the GOI is seated and the violence stops. Then... the CBI will open the capital account, change to Article VIII and new Exchange Regime and the dinar will begin to rise based on the economic conditions...the Balassa-Samuelson effect.
7-3-2014 Newshound Guru Adam Montana Right now we have 2 things going against an RV - the stalled elections and Ramadan. But on the other hand, we have one thing that is starting to look very positive in the near future - the KRG is in a much stronger position and this will force Maliki to either make concessions or be pushed out. We all know he doesn't want to be pushed out! When he makes the concessions, or is pushed out, Iraq as a country will be stronger and it will lead into everything we need to see for them to raise the value of their currency...which, by the way, is remaining strong in spite of the political, holiday, and ISIS situations. We will not see an RV in July..., but I will continue to monitor the situation
7-3-2014 Intel/Newshound Guru American Contractor The Shia cleric from Najaf al-Sistani never mentioned the removal of PM Nuri Maliki, just that the political groups nominate the three presidents by 1 July. Well, we know what happened and no Speaker, President and Prime Minister were nominated. There is much infighting between the groups to come to an agreement. I fully expect next Tuesday, July 8th to be the same if they even meet at all. If the political parties do not have a name that they all can agree on before the meeting next Tuesday, there will not be an Iraqi parliament meeting. 7-2-2014 Newshound Guru Millionday Article quote: "a member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri The the main currency in the country is among the dinar offset by the U.S. dollar, which is considered the base currency in the trading process locally and globally because of its economic power on the most influential countries in the world" this is saying it is time to set the rates and bring the dinar out to the world by releasing the rates...this is huge, they are discussing moving forward with their currency... they do not say when as far as what I see.
7-2-2014 Intel Guru DC [via Adept1] In Iraq...a PM has been selected just not announced, and the key positions are all accounted for. Maliki is still around but his influence is waning. The rest of Iraq has everyone falling in line with the new government, and the Sunnis agree to follow the new PM. Everyone has cut the best deal for their constituents, with international help. The Qi card rates are being adjusted to the RI, and that is happening throughout the country, according to the six folks we talk to throughout Iraq. Things look exceptionally good and we are basically in the same window...Everything from Monday is the same, it looks phenomenal, and we are expecting phone calls at any minute.
7-2-2014 Newshound Guru Administrator Bob Today's news focuses on some late information that the Kurdish region has announced the design of there own currency. The Central Bank of Iraq also released new specifications/security features for the larger denomination bills. This in our opinion clearly indicates that the existing currency will remain in circulation for several more months.
7-2-2014 Intel Guru TNT Tony [via Adept1] In Iraq...We know that the actual vote took place Monday night; we know the numbers and the new PM, and what they did so that people would stay and vote instead of walking out. There are things in parliament that have already happened, that you are hearing won’t happen until next week. Everyone is prepared; there were even some preparatory meetings this morning. I want you to understand that we are really, really close to the end of this ride. We’re really just waiting for announcements.
7-2-2014 Intel Guru Frank26 They pick the 3 Presidents...Which means they sat as a Parliament and Have a PM that is picking 3 prez somewhere in Iraq. They are ACTUALLY SITTING their GOVERNMENT for the first time in 10 years! That factor ALONE is Galactic in proportions compared to their lackadaisical pace and YOU are WITNESSING it.
7-2-2014 Intel Guru TD However Maliki will not go away quietly and there is hardly a charismatic, trouble free, adoring candidate to rule Iraq to the satisfaction of all parties. All this translates to is a huge mess which will require months to sort through. Many state that all the media coverage is "being blown way out of proportion". A United Nations report also out yesterday estimated 1500 civilians (total 2417) died in June. All this begs the question : Why would ANYONE believe that Iraq is on the verge of RI, RD or RV? [post 2 of 2]
7-2-2014 Intel Guru TD Yesterday's parliamentary debacle where people walked out after Maliki's name was brought up clearly shows that these factions are deeply divided and ready to move on. Barzani is hinting that Iraq has at best "a couple months" to straighten itself out or referendum by their parliament will declare to the world their independence. At this point, nothing short of handing over power to the Kurds will stop the inevitable: dividing Iraq into 3 states. [post 1 of 2....stay tuned]
7-2-2014 Intel Guru Jester [Have you heard anything regarding the ISX opening up to more outside Iraq trading?] THEY ARE ALREADY TRADING OUTSIDE. ANYONE TELLING YOU DIFFERENT IS SPINNING IT TO MAKE YOU THINK THEY KNOW SOMETHING. I HAVE TOLD YOU...TO QUIT LOOKING FOR ISOLATED EVENTS LIKE THAT TRYING TO MAKE THEM MEAN SOMETHING.
7-2-2014 Newshound Guru Chattels the following is an excellent concise description of the state of affairs in Iraq: "Embattled Prime Minister Nouri al-Maliki despite facing massive opposition to re-election persists in his efforts for a third term while Sunni extremists and Iraqi Sunni tribes gain control of large swaths of land and Kurds threaten to secede."
7-2-2014 Newshound Guru Enorrste Maliki will stall until the Kurds make their decision. The only way in which they would elect not to leave greater Iraq is if they are part of a unified government without Maliki. That prognosis is highly unlikely at the present time. Therefore, Maliki would be shrewd to sit back and let events unfold. By law he is in the first position. By practice he has shown that he might take up to 10 months to form a new government. By Barzani's statement, if Maliki is given that opportunity, he will leave greater Iraq. Maliki's response? "Don't let the door hit you on the way out." Maliki is in a fairly good position at this point. He cannot be summarily removed. A large chunk of his opposition is about to bolt. Time is on his side. [post 2 of 2]
7-2-2014 Newshound Guru Enorrste Article: "Barzani: We seek to determine the day of the referendum on independence and the schedule will only take months" ...based on this article...a process has been initiated to separate from greater Iraq by the Kurds. It may take several months. Suppose that the Kurds are successful and that they vote to leave. It is clear from other articles that such a vote would be successful. What then? The answer is this: 62 total votes will leave the Iraqi Parliament, leaving only 266 total members in the Iraqi Parliament. This would mean that it would take only 134 votes for a candidate to form a new government rather than the current 165 votes. Now ask this question: who would benefit from the Kurds leaving the greater Iraqi union? Answer: Maliki. [post 1of 2....stay tuned]
7-2-2014 Newshound Guru Millionday supply and demand is what a market economy is...the economic reforms are going well and are not being held up due to security... the foreign investors are bringing jobs and also moving forward as expected in their contracts for infrastructure. the result of any slow down was from the media reports-- those are the negative insights to what is going on and what is being done about it... the oil export is ready and willing able etc. and the stabilization of the reality of the monetary reform is supported by the reserves held by CBI. so as we see the one thing we all love...PROGRESS!
Read more: http://www.dinarguru.com/#ixzz36h14vHiA
7-1-2014 Newshound Guru Tlar ...the government was to be put together on the 1st. Not the RV. No body thought that what happened today and the way it happened would take place. There is a plan; Government together then RV. The pres and the Pm are already known to the coalition and approved by the Sunni's and Kurds. Kerry is being sent to try to move the timetable up. We will see if he is successful. Until the new government is seated, the RV is on hold. Maliki will be removed and there will be a new government. The Rv will take place shortly after. By the way, the rate is north of $3.25 and south of $3.60. This will get resolved but the CBI is waiting just like you and me.
7-1-2014 Newshound/Intel Guru Arthur It is incumbent on the SOL right now for their very existence to seriously consider dumping Maliki for Najm who is a Maliki puppet or risk their own extinction which will lead most of them to prosecution. Maliki is now hoping on a major catastrophic breakdown of the NA which will give him the nod for a 3rd term based on his election numbers. I do not think that is gonna happen. IMO the next 48 hours will see a lot of back door meetings within the NA and the SOL which IMO will lead to a new PM. [post 2 of 2]
7-1-2014 Newshound/Intel Guru Arthur I think I’ve figured out what is going on in Iraq. It’s a numbers thing...once they did the numbers today, Najafi figured out they couldn't do this today without a general consensus for one guy that would give them numbers over Maliki. So they went to Grand Ayatollah Sistani and told him to break the stalemate and he publicly broke it by endorsing Mahdi for PM. IMO they will all now come back put up Mahdi up against Maliki and Maliki will lose badly just by the numbers which will kill the SOL as a party. [post 1 of 2....stay tuned]
7-1-2014 Newshound Guru Kaperoni Article: "Liberal: names put forward for the presidency of the parliament is not acceptable" So nothing happened today other than swearing in of the MPs. Like Enorrste and I have said, this will take a while. And Maliki will squat looking for a third term at PM. There will be some good haggling over the next weeks, months to chose a PM and build a coalition big enough to get it done.
7-1-2014 Newshound Guru Millionday ...and they have announced once again -- the smart cards are being loaded with all gov benefits TODAY. LETS DO ONE THING...FOLLOW THE MONEY. VISAS ARE GLOBAL, PERIOD. THEY HAVE TO BE EXCHANGEABLE TO USE VISAS AT THE AIRPORT OR EXCHANGE HOUSES OR TO TRAVEL OR TO USE AT ANY ATMS -- ETC. [post 2 of 2]
7-1-2014 Newshound Guru Millionday ...dont get political and economical confused. i do not agree that they will have to put the trade and the isx and the smart cards and budget and all of CBI independent work on hold. i think that they are moving very fast compared to what we have seen in the past and CBI has moved mountains -- yesterday they declared they are basel III compliant -- that is international compliance -- very good news. [post 1 of 2....stay tuned]
7-1-2014 Newshound/Intel Guru BGG I do think we're on a path to something happening - the problem is us trying to figure the timing.
7-1-2014 Intel Guru Mnt Goat Article quote: “The Chairman of the session, Mahdi al-Hafidh, adjourned the session for one week to reach an accord among the blocs over the candidates who will assume the posts of President, Speaker and Prime Ministers.” So the new parliament adjourned its session for one week to reach agreement on nominating the three Presidencies. However they did manage to swear in the new parliament members...So parliament is officially seated. They need a new speaker to complete parliament. I still firmly believe that we will not see any revaluation of the IQD unless Iraq has a stable and functional government and thus has a political environment that it can advance in and thrive in. [post 2 of 2]
7-1-2014 Intel Guru Mnt Goat The State of Law Coalition is still insisting they are entitled to back Nuri Al-Maliki as their party did obtain the majority votes in the preliminary election results. So today we stand on a new timeline once again. Postponement seems to be the name of the game once again. Should I instead call it “stalling”? Stalling on the part of Maliki and...the State of Law coalition to buy yet more time to find a way to get Maliki in for a 3rd term. He already got them to postpone the 6/24 session to 6/27 then to 7/1 and now for another week. [post 1 of 2....stay tuned]
7-1-2014 Newshound Guru Chattels Article quote: "The Iraqi parliament has held its team on Tuesday in the presence of 255 deputies were sworn in, but these adjourned for the failure of the political blocs to agree on the chair of the Parliament and to the republic for the next week while the agreement provides" some progress it would appear...255 deputies were sworn in... so, we have seven ( 7 ) days of Iraqi news " hell " until the 8th of July. [What happens on the 8th?] Parliament " scheduled " to reconvene.
7-1-2014 Intel Guru Delta Right now Iraq has the support of the whole world...so be glad of your investment.
7-1-2014 Intel Guru Frank26 the 2nd has great potential...and [ I ] believe the governor of the CBI -Turki will surprise the hell out of us very soon. [IMO]- the ISX will not open with 1166 and they are on Holiday the first of July.
7-1-2014 Newshound Guru Millionday Article quote: "confirmed Labour Minister Nassar al-Rubaie coordination with offices banking for the purpose of facilitating the possibility of facilitating the receipt of beneficiaries Salahuddin and Nineveh salaries than any other province, including the Kurdistan region through the use of the smart card." the smart cards are supposed to be loaded and usable today. MORE THAN A MILLION PEOPLE WILL GET THE SMART CARDS AND IF I REMEMBER RIGHT THEY ARE VISAS.
7-1-2014 Newshound Guru Millionday The value of a currency is measured by its value relative to other currencies, which is determined by supply and demand. “Demand” in this sense is actually understood as “velocity”, meaning the amount and number of times a particular country’s currency notes circulate within a set period of time. The faster a currency circulates, the more valuable it is perceived due to verified consumer confidence. The trading relationship between two countries plays a major role in determining the exchange rate between their two currencies. These factors include: inflation, interest rates, current account deficits, public debt, terms of trade and political stability. The exchange rate of the currency in which an investor’s portfolio holds the bulk of its investments is a major determinant of that portfolio’s return. [post 2 of 2]
7-1-2014 Newshound Guru Millionday [The ISX is supposed to go live tomorrow (Tuesday). Do they not need a reality rate?] if the dinar is sold on the market --- it will be priced to its value -- a fair market value. it may not be done tomorrow (Tuesday) but it is very close. [post 1 of 2...stay tuned]
7-1-2014 Newshound Guru Tlar [Do you think, once the gov't is seated & the currency has Revalued, do you think it will be announced through the media...?] . Don't look for balloons or a parade here. It will be kept as quite as possible because our government wants it that way.
6-30-2014 Intel Guru TerryK I THINK WE HAVE A STRONG CHANCE OF SEEING THIS IN THE AM...THEIR GOV IT TO BE SEATED TOMORROW... THE ISX IS TO GO LIVE TOMORROW.
6-30-2014 Intel Guru Jester [do you think M will be voted out tomorrow or will he pull a fast one?] HE DOES NOT HAVE TO BE VOTED OUT... HE IS ALREADY OUT... WHEN YOU HAVE A NEW GOVERNMENT THE QUESTION IS WHO ARE THEY VOTING IN... HIS TIME IS UP...HOWEVER... THEY COULD VOTE HIM BACK IN... NOT SURE HOW THAT WOULD WORK BUT IT IS A POSSIBILITY...[is everything still on track for a possible RV this week?] WELL... DEPENDS ON HOW YOU LOOK AT IT...IF YOU ARE ASKING IF YOU ARE LIKELY TO BE AT THE BANK THE ANSWER IS NO.
6-30-2014 Newshound Guru Tlar Turki said it himself when he stated that he would do it today if the government was settled. He also stated he would like to do it mid year. Tomorrow is the first day of mid-year and tomorrow hopefully the government will be "settled." Like I said above, the RV will follow within days of the announcement of the new government. We are so close to this being over. [post 2 of 2]
6-30-2014 Newshound Guru Tlar Tomorrow should be a big day in the life of this investment. The parliament will meet and be sworn in and then either announce the candidates to the press for government positions or they will go through the motions and actually vote them in one by one. In other words they might either make an announcement to the press of the new government or go through the motions of appearing to build a government in one day. This is the first step in the process. The RV will quickly follow meaning in 3-7 days but more like three. The rate is still at between $3.00 - $4.00. I know some of you don't understand but this is the way it will go. Anything can be delayed because remember this is Iraq... If there is a delay it will only be a few days but at this time nobody is anticipating any delay. [post 1 of 2....stay tuned]
6-30-2014 Intel Guru TNT Tony [via Duke] This was supposed to happen but was held up for between 1st - 4th. As of this morning this was a request to extend it out to the 9th or 10th, which we don't think will happen. That could be out there to cause confusion because Maliki is still trying to stay in the game. Parliament is meeting right now... In the mosques everybody was told the rates on their cards would increase late tonight or by tomorrow morning. We're waiting for a PM, GOI, and increase on their cards by their tomorrow morning, our late tonight. ISX is still supposed to occur on the 1st. We've gotten this info from Washington & 3-letter agencies. I think things are working out the way they're supposed to. I cannot see them extending this to the 9th. I'm expecting you to have a superfantastic Fourth of July weekend.
6-30-2014 Intel Guru DC We expected some announcements and number but they're a little slow in showing. We should see them in the next day or two. Bottom line is we expect it on or before the 4th and have an immense amount of confirmations globally. The CBI is queued up and they have reps from 10 countries physically at the CBI making sure it's done right. This includes reps from the major central banks, BIS, IMF, etc. The QI Cards will increase in value again, as told by 4 different folks again, tomorrow. Security is setup to guard the banks and tomorrow will be a holiday. Ramadan is going on and they're having a day off tomorrow, so it's a wonderful week for an RV. [post 2 of 2]
6-30-2014 Intel Guru DC [via Duke] In Iraq...The top leaders of Sunni, Shia, and Kurds all want to form an inclusive GOI. The 2 lead candidates - Mahdi and Chalabi - both understand they have to be inclusive. Maliki is still around trying to making a play. Could he make a comeback? The chances of him coming out on top are extremely thin. He's burned all his bridges. The ministers and all positions are being setup. Parliament is meeting as we speak and the PM should be selected today or first thing tomorrow morning. [post 1 of 2....stay tuned]
6-30-2014 Intel Guru Bluwolf The international rate has been established and it shall be let out officially and simultaneously with the setting of its GOI. All bluffs sent and acted out by media will seize to exist within the next few days. Iraq will have a seated government a new PM and a RV. Please note, some banksters will try the old shoot into the air a let the stampede commence (start) so you will probably see a 3.71 momentarily (from one to three days)...Look rv at any moment, any second, at any hour now...
6-30-2014 Newshound Guru Enorrste Article: "National Alliance officially announced the biggest bloc, which he called its candidate for prime minister, and confirms the presence of the first session" So we see that the NA has legally claimed the right to have the first opportunity to form the new government. We also see...that they are nominating 3 candidates rather than just one. They are nominating Maliki, Mahdi, and Chalabi. As the new Parliament opens, then, the debate will begin in earnest (after the choosing of the 3 presidents, which may take a few days, although I doubt it). The debate will then be open for all to vote, rather than just the NA. This means that the entire 328 members will be choosing between the 3 nominees. Maliki will have a definite head start with his 100 committed members, unless some have already defected.
6-30-2014 Newshound Guru Tlar Maliki will be gone. Truth should be known on the 1st of July. ...I am right on this. Things are not what they seem. There is a plan in place and we are not supposed to understand or know. Confusion is the master part of this deal. We hear and see the play only what is intended for us and we can only see so much because of all the confusion. Believe me, what you see and hear is not what what is happening.
6-30-2014 Newshound/Intel Guru Randy Koonce Question 4 will the fighting stop the RV...It has nothing to do with RV...the money was only an issue if the US had troops that the militants could use the money to buy weapons against them... So in summary we are looking for the announcement of the GOI by the 1st of July and then the RV should show up within a day... That is the way we are reading the things that are going on...Now can anything get in the way sure.... I do not think so but we you are dealing with politicians then you never know if things can change... Because Maliki will not be involved with what is happening the Rate should go back to the orginal that I have stated but we may need to wait until it happens to know... [post 2 of 2]
6-30-2014 Newshound/Intel Guru Randy Koonce ...we are coming to an end now with the GOI getting formed...Question 1 is Maliki Out...up unitl now he has been fighting to remain part of the GOI but because of the last thing that he did to remain Prime Minister Like tell his generals to leave their post and let the militants over run them... Yes the fighting in Iraq going on right now is because of Maliki so Maliki will not be part of the GOI or even any position...Will he fight up to the last minute Yes Yes Yes...but in the end it will not matter. Question 2 who will be the PM...it will either be Chalibi or Madhi either one for us is fine...we should know for sure in about a day...Question 3 could it take longer for the PM to be seating...Yes...but we do not think so if you listen to all the news the GOI will be formed by the first... [post 1of 2....stay tuned]
6-30-2014 Intel Guru Frank26 [Why does the IR have to be given in order for the ISX to go intl? Can it be that if the program rate of 1116 is still live that there will be penny stocks to buy and lots of them!] Yes...They can trade at 1166. In the IXS. If they make this mistake ...They will temp me to take advantage of them too! 6-29-2014 Intel/Newshound Guru Poppy3 I STILL BELIEVE THERE WILL BE NO FLOAT IT WILL BE A FLAT RATE AS THE CBI HAS SAID MANY TIMES. THE RATE I STILL BELIEVE WILL BE 3 DOLLARS PLUS. I HAVE SEEN ZERO OFFICIAL REPORT FROM ANYONE THAT HAS EVER SAID DIFFERENT FROM THAT. I DO BELIEVE WHEN THAT OFFICE OPENS WE ARE SUBJECT TO SEE THE RATE AT ANY MOMENT AFTER. THE REASON I FEEL THAT WAY IS THAT BEHIND THE SCENES WE HAVE NO IDEA WHAT AGREEMENTS WHERE MADE ALREADY WITH THE IMF, WORLD BANKS PEOPLE. EITHER WAY WITHIN A VERY SHORT PERIOD WE WILL KNOW ALL THE ANSWERS FOR THE FIRST TIME EVER. [post 2 of 2]
6-29-2014 Intel/Newshound Guru Poppy3 EVERYONE I HAVE TALKED WITH AND ALL THE NEWS IN INK FROM USUALLY RELIABLE SOURCES ALL THINK WITHIN THE FIRST TWO WEEKS OF JULY. THEY, LIKE ME, BELIEVE THE ISX WILL OPEN ON THE FIRST BUT WE ALSO FEEL THEY WILL NOT BE TRADABLE FOR A FEW DAYS AFTER AS THEY HAVE TO FULLY QUALIFY INTERNATIONALLY. WE FEEL THEY HAVE TO HAVE THE ISX OFFICE ONLINE GLOBALLY AND TESTED BY THE WORLD BANK AND IMF AND THEN THEY WILL ISSUE A RATE. [post 1 of 2....stay tuned]
6-29-2014 Newshound Guru Aggeidad77 Well it would appear that the General Secretariat of the COM has just freed up the schedule for all members of Parliament...unless your great aunt's second cousin's toad dies there should be no excuse now for being absent from the Tuesday Parliament meeting...meanwhile eyes are focused on Maliki...remember I said to watch the villain...what might he have up his sleeve for Tuesday.
6-29-2014 Intel Guru EXOGEN Where we are today? In the FINAL COUNTDOWN. FINISH LINE AHEAD. HANG IN THERE.
6-29-2014 Intel Guru TD (So what is the significance of July 1st ? ) . Well, I can tell you FOR SURE that it is NOT the END GAME. At best, July 1st represents the( hopeful) union of parliament to START to form a new government. And as of right now so many variables are at play that it's a statistical nightmare trying to predict the outcome. One very certain consensus is that NO ONE wants Maliki and till he goes the pieces won't even start to come together. IF and WHEN a suitable functioning government starts back working on the people's business (AND ONLY THEN) will other issues left on the table be possible to address including IMF compliance, economic reform laws passed, etc.
6-29-2014 Intel Guru Frank26 [The exciting news is that every day now there will be great news. We are in the final stretch.] Yes, IMO. Tuesday will tell You so. What is happening is Good and...Fast.
6-29-2014 Intel/Newshound Guru Poppy3 MANY THINGS IN IRAQ HAPPENING FOR OUR GOOD. GOT A REPORT...THE HELO'S TODAY [SATURDAY] RAN MANY OF THE ISIS GROUP TO THE HILLS AND IN TEKRET THEY HAVE LEFT IT ALL TOGETHER AT LEAST MOST ARE GONE AND OTHERS TRYING TO GET OUT BUT OUR HLO'S DESTROYED MANY OF THEIR TRANSPORTATION... TURKI STATED TODAY THE CBI IS READY TO COMPLETE FINANCIAL REFORM THIS NEXT WEEK. TIME WILL SHOW US VERY SOON NOW. I EXPECT ALL WILL BE IN PLACE NO LATER THAN THE 15TH.
6-29-14 Newshound Guru Tlar [it looks to me like they are already separating into 3 regions within the country of Iraq.] Kurddistan has already stated they want to work within the confines of Iraq which means stay. They got what they want as do the Sunni's the minute a new government exists. This will be a democracy and it is my belief they are better off as part of Iraq than by themselves. I have said it for years that references to leaving Iraq is bluster used when they want to move the process along. With Maliki gone, the big picture for Iraq is good.
6-29-2014 Intel Guru MarkZ [any rumors on the Zim going now?] I was told by a couple of european bankers that it actually made the exchange screens this weekend. IMO it is going. [do you still think that VND will be high?] I do think it will be high. Based on my math a properly adjusted RI would be 2.21 so I believe it should drift up close to that given time even if it comes in low. Only time will tell... [post 2 of 2]
6-29-2014 Intel Guru MarkZ My Iraqi contacts are beyond excited and my European banking contacts say they still have numbers showing. I am awfully excited about this week. [conclusion soon soon?] Based on all the intel yes. IMO. I was told to give no dates but, [on] Iraqi radio you will hear that they plan on an RI early in July with an RV soon after. [do you think that RV will be before the GCR?] same time. [post 1 of 2....stay tuned]
6-29-2014 Newshound Guru Tlar Turki a couple of months ago himself said I would love to do it today (as in now) if the government was "settled". The government will be "settled" maybe as early as next week which is also very close to his other timeline Turki stated he wanted to do this, which is around July 1st. Turki's exact wording was mid-year which implies around the 1st but not necessarily meaning it has to be July 1st... The CBI has been ready since October of last year and has said so in many articles stating that all the necessary tools were in place.
6-29-2014 Intel Guru MarkZ Much is happening and we are quickly heading towards the finish IMO.
6-29-2014 Intel Guru Frank26 As much as I studied July 1st...and it's GREAT POTENTIAL for the CBI to give the Parl/ GOI an International Rate to ACTIVATE so many things...I disagree. UNFORTUNETLY! Why? Because in order for the CBI to give The Parl/GOI such an IR ...We needed to first see a complete qualification of IMF Article 8 by The CBI. BUT, IOO (In Our Opinion), They are using TWO sets of books with TWO separate rates. One rate that breathes at the surface at this moment. The other that continues to hold it's breath submerged until The AoP (Author of the Plan) say...OK now.
Read more: http://www.dinarguru.com/#ixzz36MAnCFVX
7-1-2014 Newshound/Intel Guru Arthur It is incumbent on the SOL right now for their very existence to seriously consider dumping Maliki for Najm who is a Maliki puppet or risk their own extinction which will lead most of them to prosecution. Maliki is now hoping on a major catastrophic breakdown of the NA which will give him the nod for a 3rd term based on his election numbers. I do not think that is gonna happen. IMO the next 48 hours will see a lot of back door meetings within the NA and the SOL which IMO will lead to a new PM. [post 2 of 2]
7-1-2014 Newshound/Intel Guru Arthur I think I’ve figured out what is going on in Iraq. It’s a numbers thing...once they did the numbers today, Najafi figured out they couldn't do this today without a general consensus for one guy that would give them numbers over Maliki. So they went to Grand Ayatollah Sistani and told him to break the stalemate and he publicly broke it by endorsing Mahdi for PM. IMO they will all now come back put up Mahdi up against Maliki and Maliki will lose badly just by the numbers which will kill the SOL as a party. [post 1 of 2....stay tuned]
7-1-2014 Newshound Guru Kaperoni Article: "Liberal: names put forward for the presidency of the parliament is not acceptable" So nothing happened today other than swearing in of the MPs. Like Enorrste and I have said, this will take a while. And Maliki will squat looking for a third term at PM. There will be some good haggling over the next weeks, months to chose a PM and build a coalition big enough to get it done.
7-1-2014 Newshound Guru Millionday ...and they have announced once again -- the smart cards are being loaded with all gov benefits TODAY. LETS DO ONE THING...FOLLOW THE MONEY. VISAS ARE GLOBAL, PERIOD. THEY HAVE TO BE EXCHANGEABLE TO USE VISAS AT THE AIRPORT OR EXCHANGE HOUSES OR TO TRAVEL OR TO USE AT ANY ATMS -- ETC. [post 2 of 2]
7-1-2014 Newshound Guru Millionday ...dont get political and economical confused. i do not agree that they will have to put the trade and the isx and the smart cards and budget and all of CBI independent work on hold. i think that they are moving very fast compared to what we have seen in the past and CBI has moved mountains -- yesterday they declared they are basel III compliant -- that is international compliance -- very good news. [post 1 of 2....stay tuned]
7-1-2014 Newshound/Intel Guru BGG I do think we're on a path to something happening - the problem is us trying to figure the timing.
7-1-2014 Intel Guru Mnt Goat Article quote: “The Chairman of the session, Mahdi al-Hafidh, adjourned the session for one week to reach an accord among the blocs over the candidates who will assume the posts of President, Speaker and Prime Ministers.” So the new parliament adjourned its session for one week to reach agreement on nominating the three Presidencies. However they did manage to swear in the new parliament members...So parliament is officially seated. They need a new speaker to complete parliament. I still firmly believe that we will not see any revaluation of the IQD unless Iraq has a stable and functional government and thus has a political environment that it can advance in and thrive in. [post 2 of 2]
7-1-2014 Intel Guru Mnt Goat The State of Law Coalition is still insisting they are entitled to back Nuri Al-Maliki as their party did obtain the majority votes in the preliminary election results. So today we stand on a new timeline once again. Postponement seems to be the name of the game once again. Should I instead call it “stalling”? Stalling on the part of Maliki and...the State of Law coalition to buy yet more time to find a way to get Maliki in for a 3rd term. He already got them to postpone the 6/24 session to 6/27 then to 7/1 and now for another week. [post 1 of 2....stay tuned]
7-1-2014 Newshound Guru Chattels Article quote: "The Iraqi parliament has held its team on Tuesday in the presence of 255 deputies were sworn in, but these adjourned for the failure of the political blocs to agree on the chair of the Parliament and to the republic for the next week while the agreement provides" some progress it would appear...255 deputies were sworn in... so, we have seven ( 7 ) days of Iraqi news " hell " until the 8th of July. [What happens on the 8th?] Parliament " scheduled " to reconvene.
7-1-2014 Intel Guru Delta Right now Iraq has the support of the whole world...so be glad of your investment.
7-1-2014 Intel Guru Frank26 the 2nd has great potential...and [ I ] believe the governor of the CBI -Turki will surprise the hell out of us very soon. [IMO]- the ISX will not open with 1166 and they are on Holiday the first of July.
7-1-2014 Newshound Guru Millionday Article quote: "confirmed Labour Minister Nassar al-Rubaie coordination with offices banking for the purpose of facilitating the possibility of facilitating the receipt of beneficiaries Salahuddin and Nineveh salaries than any other province, including the Kurdistan region through the use of the smart card." the smart cards are supposed to be loaded and usable today. MORE THAN A MILLION PEOPLE WILL GET THE SMART CARDS AND IF I REMEMBER RIGHT THEY ARE VISAS.
7-1-2014 Newshound Guru Millionday The value of a currency is measured by its value relative to other currencies, which is determined by supply and demand. “Demand” in this sense is actually understood as “velocity”, meaning the amount and number of times a particular country’s currency notes circulate within a set period of time. The faster a currency circulates, the more valuable it is perceived due to verified consumer confidence. The trading relationship between two countries plays a major role in determining the exchange rate between their two currencies. These factors include: inflation, interest rates, current account deficits, public debt, terms of trade and political stability. The exchange rate of the currency in which an investor’s portfolio holds the bulk of its investments is a major determinant of that portfolio’s return. [post 2 of 2]
7-1-2014 Newshound Guru Millionday [The ISX is supposed to go live tomorrow (Tuesday). Do they not need a reality rate?] if the dinar is sold on the market --- it will be priced to its value -- a fair market value. it may not be done tomorrow (Tuesday) but it is very close. [post 1 of 2...stay tuned]
7-1-2014 Newshound Guru Tlar [Do you think, once the gov't is seated & the currency has Revalued, do you think it will be announced through the media...?] . Don't look for balloons or a parade here. It will be kept as quite as possible because our government wants it that way.
6-30-2014 Intel Guru TerryK I THINK WE HAVE A STRONG CHANCE OF SEEING THIS IN THE AM...THEIR GOV IT TO BE SEATED TOMORROW... THE ISX IS TO GO LIVE TOMORROW.
6-30-2014 Intel Guru Jester [do you think M will be voted out tomorrow or will he pull a fast one?] HE DOES NOT HAVE TO BE VOTED OUT... HE IS ALREADY OUT... WHEN YOU HAVE A NEW GOVERNMENT THE QUESTION IS WHO ARE THEY VOTING IN... HIS TIME IS UP...HOWEVER... THEY COULD VOTE HIM BACK IN... NOT SURE HOW THAT WOULD WORK BUT IT IS A POSSIBILITY...[is everything still on track for a possible RV this week?] WELL... DEPENDS ON HOW YOU LOOK AT IT...IF YOU ARE ASKING IF YOU ARE LIKELY TO BE AT THE BANK THE ANSWER IS NO.
6-30-2014 Newshound Guru Tlar Turki said it himself when he stated that he would do it today if the government was settled. He also stated he would like to do it mid year. Tomorrow is the first day of mid-year and tomorrow hopefully the government will be "settled." Like I said above, the RV will follow within days of the announcement of the new government. We are so close to this being over. [post 2 of 2]
6-30-2014 Newshound Guru Tlar Tomorrow should be a big day in the life of this investment. The parliament will meet and be sworn in and then either announce the candidates to the press for government positions or they will go through the motions and actually vote them in one by one. In other words they might either make an announcement to the press of the new government or go through the motions of appearing to build a government in one day. This is the first step in the process. The RV will quickly follow meaning in 3-7 days but more like three. The rate is still at between $3.00 - $4.00. I know some of you don't understand but this is the way it will go. Anything can be delayed because remember this is Iraq... If there is a delay it will only be a few days but at this time nobody is anticipating any delay. [post 1 of 2....stay tuned]
6-30-2014 Intel Guru TNT Tony [via Duke] This was supposed to happen but was held up for between 1st - 4th. As of this morning this was a request to extend it out to the 9th or 10th, which we don't think will happen. That could be out there to cause confusion because Maliki is still trying to stay in the game. Parliament is meeting right now... In the mosques everybody was told the rates on their cards would increase late tonight or by tomorrow morning. We're waiting for a PM, GOI, and increase on their cards by their tomorrow morning, our late tonight. ISX is still supposed to occur on the 1st. We've gotten this info from Washington & 3-letter agencies. I think things are working out the way they're supposed to. I cannot see them extending this to the 9th. I'm expecting you to have a superfantastic Fourth of July weekend.
6-30-2014 Intel Guru DC We expected some announcements and number but they're a little slow in showing. We should see them in the next day or two. Bottom line is we expect it on or before the 4th and have an immense amount of confirmations globally. The CBI is queued up and they have reps from 10 countries physically at the CBI making sure it's done right. This includes reps from the major central banks, BIS, IMF, etc. The QI Cards will increase in value again, as told by 4 different folks again, tomorrow. Security is setup to guard the banks and tomorrow will be a holiday. Ramadan is going on and they're having a day off tomorrow, so it's a wonderful week for an RV. [post 2 of 2]
6-30-2014 Intel Guru DC [via Duke] In Iraq...The top leaders of Sunni, Shia, and Kurds all want to form an inclusive GOI. The 2 lead candidates - Mahdi and Chalabi - both understand they have to be inclusive. Maliki is still around trying to making a play. Could he make a comeback? The chances of him coming out on top are extremely thin. He's burned all his bridges. The ministers and all positions are being setup. Parliament is meeting as we speak and the PM should be selected today or first thing tomorrow morning. [post 1 of 2....stay tuned]
6-30-2014 Intel Guru Bluwolf The international rate has been established and it shall be let out officially and simultaneously with the setting of its GOI. All bluffs sent and acted out by media will seize to exist within the next few days. Iraq will have a seated government a new PM and a RV. Please note, some banksters will try the old shoot into the air a let the stampede commence (start) so you will probably see a 3.71 momentarily (from one to three days)...Look rv at any moment, any second, at any hour now...
6-30-2014 Newshound Guru Enorrste Article: "National Alliance officially announced the biggest bloc, which he called its candidate for prime minister, and confirms the presence of the first session" So we see that the NA has legally claimed the right to have the first opportunity to form the new government. We also see...that they are nominating 3 candidates rather than just one. They are nominating Maliki, Mahdi, and Chalabi. As the new Parliament opens, then, the debate will begin in earnest (after the choosing of the 3 presidents, which may take a few days, although I doubt it). The debate will then be open for all to vote, rather than just the NA. This means that the entire 328 members will be choosing between the 3 nominees. Maliki will have a definite head start with his 100 committed members, unless some have already defected.
6-30-2014 Newshound Guru Tlar Maliki will be gone. Truth should be known on the 1st of July. ...I am right on this. Things are not what they seem. There is a plan in place and we are not supposed to understand or know. Confusion is the master part of this deal. We hear and see the play only what is intended for us and we can only see so much because of all the confusion. Believe me, what you see and hear is not what what is happening.
6-30-2014 Newshound/Intel Guru Randy Koonce Question 4 will the fighting stop the RV...It has nothing to do with RV...the money was only an issue if the US had troops that the militants could use the money to buy weapons against them... So in summary we are looking for the announcement of the GOI by the 1st of July and then the RV should show up within a day... That is the way we are reading the things that are going on...Now can anything get in the way sure.... I do not think so but we you are dealing with politicians then you never know if things can change... Because Maliki will not be involved with what is happening the Rate should go back to the orginal that I have stated but we may need to wait until it happens to know... [post 2 of 2]
6-30-2014 Newshound/Intel Guru Randy Koonce ...we are coming to an end now with the GOI getting formed...Question 1 is Maliki Out...up unitl now he has been fighting to remain part of the GOI but because of the last thing that he did to remain Prime Minister Like tell his generals to leave their post and let the militants over run them... Yes the fighting in Iraq going on right now is because of Maliki so Maliki will not be part of the GOI or even any position...Will he fight up to the last minute Yes Yes Yes...but in the end it will not matter. Question 2 who will be the PM...it will either be Chalibi or Madhi either one for us is fine...we should know for sure in about a day...Question 3 could it take longer for the PM to be seating...Yes...but we do not think so if you listen to all the news the GOI will be formed by the first... [post 1of 2....stay tuned]
6-30-2014 Intel Guru Frank26 [Why does the IR have to be given in order for the ISX to go intl? Can it be that if the program rate of 1116 is still live that there will be penny stocks to buy and lots of them!] Yes...They can trade at 1166. In the IXS. If they make this mistake ...They will temp me to take advantage of them too! 6-29-2014 Intel/Newshound Guru Poppy3 I STILL BELIEVE THERE WILL BE NO FLOAT IT WILL BE A FLAT RATE AS THE CBI HAS SAID MANY TIMES. THE RATE I STILL BELIEVE WILL BE 3 DOLLARS PLUS. I HAVE SEEN ZERO OFFICIAL REPORT FROM ANYONE THAT HAS EVER SAID DIFFERENT FROM THAT. I DO BELIEVE WHEN THAT OFFICE OPENS WE ARE SUBJECT TO SEE THE RATE AT ANY MOMENT AFTER. THE REASON I FEEL THAT WAY IS THAT BEHIND THE SCENES WE HAVE NO IDEA WHAT AGREEMENTS WHERE MADE ALREADY WITH THE IMF, WORLD BANKS PEOPLE. EITHER WAY WITHIN A VERY SHORT PERIOD WE WILL KNOW ALL THE ANSWERS FOR THE FIRST TIME EVER. [post 2 of 2]
6-29-2014 Intel/Newshound Guru Poppy3 EVERYONE I HAVE TALKED WITH AND ALL THE NEWS IN INK FROM USUALLY RELIABLE SOURCES ALL THINK WITHIN THE FIRST TWO WEEKS OF JULY. THEY, LIKE ME, BELIEVE THE ISX WILL OPEN ON THE FIRST BUT WE ALSO FEEL THEY WILL NOT BE TRADABLE FOR A FEW DAYS AFTER AS THEY HAVE TO FULLY QUALIFY INTERNATIONALLY. WE FEEL THEY HAVE TO HAVE THE ISX OFFICE ONLINE GLOBALLY AND TESTED BY THE WORLD BANK AND IMF AND THEN THEY WILL ISSUE A RATE. [post 1 of 2....stay tuned]
6-29-2014 Newshound Guru Aggeidad77 Well it would appear that the General Secretariat of the COM has just freed up the schedule for all members of Parliament...unless your great aunt's second cousin's toad dies there should be no excuse now for being absent from the Tuesday Parliament meeting...meanwhile eyes are focused on Maliki...remember I said to watch the villain...what might he have up his sleeve for Tuesday.
6-29-2014 Intel Guru EXOGEN Where we are today? In the FINAL COUNTDOWN. FINISH LINE AHEAD. HANG IN THERE.
6-29-2014 Intel Guru TD (So what is the significance of July 1st ? ) . Well, I can tell you FOR SURE that it is NOT the END GAME. At best, July 1st represents the( hopeful) union of parliament to START to form a new government. And as of right now so many variables are at play that it's a statistical nightmare trying to predict the outcome. One very certain consensus is that NO ONE wants Maliki and till he goes the pieces won't even start to come together. IF and WHEN a suitable functioning government starts back working on the people's business (AND ONLY THEN) will other issues left on the table be possible to address including IMF compliance, economic reform laws passed, etc.
6-29-2014 Intel Guru Frank26 [The exciting news is that every day now there will be great news. We are in the final stretch.] Yes, IMO. Tuesday will tell You so. What is happening is Good and...Fast.
6-29-2014 Intel/Newshound Guru Poppy3 MANY THINGS IN IRAQ HAPPENING FOR OUR GOOD. GOT A REPORT...THE HELO'S TODAY [SATURDAY] RAN MANY OF THE ISIS GROUP TO THE HILLS AND IN TEKRET THEY HAVE LEFT IT ALL TOGETHER AT LEAST MOST ARE GONE AND OTHERS TRYING TO GET OUT BUT OUR HLO'S DESTROYED MANY OF THEIR TRANSPORTATION... TURKI STATED TODAY THE CBI IS READY TO COMPLETE FINANCIAL REFORM THIS NEXT WEEK. TIME WILL SHOW US VERY SOON NOW. I EXPECT ALL WILL BE IN PLACE NO LATER THAN THE 15TH.
6-29-14 Newshound Guru Tlar [it looks to me like they are already separating into 3 regions within the country of Iraq.] Kurddistan has already stated they want to work within the confines of Iraq which means stay. They got what they want as do the Sunni's the minute a new government exists. This will be a democracy and it is my belief they are better off as part of Iraq than by themselves. I have said it for years that references to leaving Iraq is bluster used when they want to move the process along. With Maliki gone, the big picture for Iraq is good.
6-29-2014 Intel Guru MarkZ [any rumors on the Zim going now?] I was told by a couple of european bankers that it actually made the exchange screens this weekend. IMO it is going. [do you still think that VND will be high?] I do think it will be high. Based on my math a properly adjusted RI would be 2.21 so I believe it should drift up close to that given time even if it comes in low. Only time will tell... [post 2 of 2]
6-29-2014 Intel Guru MarkZ My Iraqi contacts are beyond excited and my European banking contacts say they still have numbers showing. I am awfully excited about this week. [conclusion soon soon?] Based on all the intel yes. IMO. I was told to give no dates but, [on] Iraqi radio you will hear that they plan on an RI early in July with an RV soon after. [do you think that RV will be before the GCR?] same time. [post 1 of 2....stay tuned]
6-29-2014 Newshound Guru Tlar Turki a couple of months ago himself said I would love to do it today (as in now) if the government was "settled". The government will be "settled" maybe as early as next week which is also very close to his other timeline Turki stated he wanted to do this, which is around July 1st. Turki's exact wording was mid-year which implies around the 1st but not necessarily meaning it has to be July 1st... The CBI has been ready since October of last year and has said so in many articles stating that all the necessary tools were in place.
6-29-2014 Intel Guru MarkZ Much is happening and we are quickly heading towards the finish IMO.
6-29-2014 Intel Guru Frank26 As much as I studied July 1st...and it's GREAT POTENTIAL for the CBI to give the Parl/ GOI an International Rate to ACTIVATE so many things...I disagree. UNFORTUNETLY! Why? Because in order for the CBI to give The Parl/GOI such an IR ...We needed to first see a complete qualification of IMF Article 8 by The CBI. BUT, IOO (In Our Opinion), They are using TWO sets of books with TWO separate rates. One rate that breathes at the surface at this moment. The other that continues to hold it's breath submerged until The AoP (Author of the Plan) say...OK now.
Read more: http://www.dinarguru.com/#ixzz36MAnCFVX
6-28-2014 Intel/Newshound Guru Poppy3 WE ARE GOING TO HAVE A RV VERY SOON...I AM EXPECTING GOI SET AND NEW PM IN PLACE AND RV ALL IN LESS THAN TWO WEEKS.
6-28-2014 Newshound Guru Enorrste Therefore, if they refuse to show at Parliament they will appear to be sympathizing with the Daash movement. This could bode well for Maliki's cause, if the people buy into it. Maliki, through this puppet, has put his opposition in the palm of Daash, in theory at least, if not in fact. How this will play out remains to be seen, but I agree ...that this is "crazy" at best, but probably good politics from Maliki's point of view. [post 2 of 2]
6-28-2014 Newshound Guru Enorrste Article: "Kamal al-Saadi: from linking to attend the first session of parliament to form a national salvation government supports Daash" This is a very interesting ploy on the part of the SOL leadership. He is basically saying that those who refuse to go to the new Parliament meeting, in an attempt to slow it down, are in fact being backed by Daash. He then goes so far as to say that those seeking a National Salvation Government are also backed by Daash, the Sunni terrorists. In doing this he is pitting Sunnis against Shiites and is saying that the "real" reason for the insurgency is that the Sunnis are attempting to overtake the government, by force if necessary. [post 1 of 2....stay tuned]
6-28-2014 Newshound Guru Millionday Article quote: "Despite the fall in the price of the Iraqi bonds to 87 cents per dollar - according to a report by Reuters - but that investors and bond holders have made a profit..." if recovery was not expected from the terroristic attacks -- this encouraging info would not be reported on Reuters...CBI is stating that they are like any other central bank and have protection implied...the confidence coming from them is very encouraging -- they feel empowered in their abilities and that comes from the steps they have taken and the position they have.
6-28-2014 Newshound Guru Enorrste If...correct that there is a compromise candidate "in the works" Mahdi may well be that person. The question is whether Maliki has "signed off" on Mahdi or not. One thing is clear: he is certainly well qualified for the job. Unfortunately, I still think Maliki is going to do whatever he can to retain his position. Time will tell. [post 2 of 2]
6-28-2014 Newshound Guru Enorrste Article: "Upper: Sadrists to nominate Abdul-Mahdi of the self-denial and the crowds waiting to see prime minister" Wikipedia quote: "Abdel-Mahdi is a member of the powerful Shi'a party the Supreme Islamic Iraqi Council, or SIIC. Long based in neighboring Iran, the group opposed a United States administration while holding close ties with the other U.S.-backed groups that opposed Saddam Hussein, including the Kurds and the Iraqi National Congress. He is a trained economist who left Iraq in 1969 for exile in France. He worked for French think tanks and edited magazines in French and Arabic. He was educated in France, and is the son of a respected Shiite cleric who was a minister in Iraq's monarchy." [post 1 of 2....stay tuned]
6-28-2014 Intel/Newshound Guru Poppy3 GETTING GOOD NEWS ... ALL FITS WELL WITH THE NEWS. CONTACT IN BAGDAD SAYS THEY HAVEN'T HEARD A SHOT FIRED SINCE THE CONSULTANTS AND ADVISER HAVE ARRIVED IN BAGDAD. ISIS BACKING OFF. HEARD FROM THREE PEEPS CNN REPORTED THAT IRAQ CONSTITUTION SAYS THEY MUST COMPLETE GOI AND PM ALONG WITH COMPLETE FINANCIAL REFORM BEFORE JULY 15.
6-28-2014 Newshound Guru Millionday it appears that a market economy is happening -- hmmm must not be a very successful group of terrorists...let me say this -- there is more money going into Iraq and also the investors are also encouraged...follow the money -- no one puts money they dont have with no return in the future...
6-28-2014 Intel Guru Jester [...supposedly there are to be some changes with their government and wondered if it would be a positive thing in the larger scheme of things for us?] I CAN SAY THAT THE IRAQ GOVERNMENT SHOULD PLAY OUT IF THE WORD I AM HEARING IS CORRECT. I AM NOT AT LIBERTY TO ANSWER ...QUESTIONS...CONCERNING RATE OR DATE. EVERYTHING IS FINE... JUST WAITING.
6-28-2014 Intel Guru DC [via Adept1] I do believe that we are in the RV process now, kicked off and ready to go. [You are still saying RV, or is there a chance it might be an RI first?] We believe that it’s an RV – that has been worked out and it’s fine. We have evidence of that. [Do you believe it will be fixed rate or a float?] A float. [is the GCR waiting on the CBI to pull the trigger?] I believe the RV and the GCR are separate, but you can’t let too much space between them. So in effect, the RI + RV will come through and the GCR will follow shortly thereafter. [do you still feel good about the next three days?] Yes. Everything looks phenomenal...Things have been put in motion, and it is different from the past. 6-27-2014 Intel Guru TNT Tony [via Adept1] We’re a day closer, and nothing but good news. [Do you believe it will be fixed rate or a float?] A float. The rates I’m hearing are great rates, and a lot of you will be overjoyed. [Are we still using VNN and IQN?] Yes. The RV is a foregone conclusion – it’s over and done with, we just want to see when we get started. We know how close we are.
6-27-2014 Intel Guru Frank26 There is no stopping the formation of the GOI for any reason. Not M [Maliki], not Ramadan...nothing is going to stop this process. IMO, the CBI has no excuses not to fulfill what the Governor of the Central Bank of Iraq said last year... ”we will add value to our currency in the middle of 2014.” Sir...if you miss it by a few months you will not hear a peep from me about it. CH 7 was lifted on June 27, 2013. IMO, times up. Or may I say...I LOVE THE TIMING OF EVERYTHING.
6-27-2014 Newshound Guru Tlar The coalition has asked that the media be present on Tuesday the 1st to record the first parliament session. Two of the 4 MP'S that were not ratified on the 15th because the courts had charges against them, are now ratified meaning the courts instead of siding with "the government" pressing phony charges that had been brought against them, have cleared the defendants of any wrong doing and approved the eligibility to meet on the first with the rest of parliament. Everybody but the leadership of the SOL has abandoned Maliki. Maliki is toast and it is my speculation that he will be a no show the day parliament convenes. [post 2 of 2]
6-27-2014 Newshound Guru Tlar Its official as of 2 days ago. The PRESIDENT IN Iraq has called for the first meeting of the new parliament. Calls are continuing to try to get Maliki to resign and interestingly enough they are even coming from his own party, the DAWA. Also today al-Sistani has asked Maliki to resign. That makes the UN, US, EU, the Sunni's, the Kurds, most of the NA which is Shia and all the countries surrounding Iraq including Iran that are asking that he step down. [post 1 of 2....stay tuned]
6-27-2014 Newshound Guru Millionday yes follow the money has been the huge huge thing we have to do but obviously we also needed to look at their capabilities and the help to return and pick up the pieces. there is alot of money involved and yes the market is going forward and...CBI has stated that they will be moving forward and have secured their banks...they will not be stopped with their reforms and monetary policy...and will move forward -- we had a report... that the kurds stock market will be launched in August and will be using Iraqi dinars. we do not have a date or rate set. [alot of people were talking of selling because of Iraq poss splitting up.] if Iraq was splitting up --- the erbil stock market would not be using iraqi dinars. [post 2 of 2]
6-27-2014 Newshound Guru Millionday the situation has grown to be huge with the security issue so it has become something that needed to be watched --- CBI is a separate entity but to think that blowing up the country is not important and someone stopping it would be silly for us to consider – before the terrorism grew to such great proportions we watched only the money but the help to stop the killings and also the overtaking of huge portions of their production and industry that they rely on for the reality calculation is huge because of it and the damage so now it is important that we see that help has arrived. [post 1 of 2....stay tuned]
6-27-2014 Newshound Guru Kaperoni No chance for the dinar to change value next week... The IMF is not in compliance. The CBI is not going to even consider until parliament passes the laws needed to support the economy, the new gov is formed and this terrorism is under control. I just like everyone else am curious for next week to see the results of Maliki's propaganda.
6-27-2014 Newshound Guru Aggiedad77 Article: "The Supreme Federal Court Rules Against Iraqi Minister of Oil's Request to Prevent KRG Oil Exports" I knew this was big big news when I saw it... I am so surprised that the Oil Minister would pull a stunt like this and think he could get away with it. The Kurds have to be pretty pleased with themselves today I would think.
6-27-2014 Newshound Guru Tlar This ride will get very interesting if what is supposed to happen, happens next week. It is all dependent on a new government being in charge with no Maliki.
6-27-2014 Newshound Guru Kaperoni Article: "Coalition calls for al-Sadr and al-Hakim «rule of law» alternative for the owners or the end of the National Alliance" The SOL did not nominate anyone else other than Maliki. The largest coalition which appears to be the National Coalition nominated Abdul-Mahdi and Chalabi. Maliki will begin bombing the Sunnis (ISIL) next week and we will see what happens. I think if they get to parliament, Maliki is done. If they were to form a new GOI and vote for a new PM - and Maliki refused to leave I would then expect there would be "reason" for the global powers to step in and tell Maliki to get out. Just not so sure yet they will get to parliament next week.
6-27-2014 Newshound Guru tlm724 Article quote: "The U.S. State Department that the Kurds will participate in the lineup the new Iraqi government, expressing Washington's refusal to export Iraqi oil without the knowledge of Baghdad. Massoud Barzani administration's support continuous unit Iraq and the need to form the next government, which may begin no later than the first of next July." having them work together is a huge thing...the Kurdish leaders confirmed that they will help to form a new government. So we may actually see a seated GOI and further developments on the HCL, article 140 etc once they are seated and vote in the PM, speaker, Presidents etc. this is good news and this will definitely help in the fight against terrorism, unity in the gov is a show of strength!
6-27-2014 Intel/Newshound Guru Poppy3 WE WILL HAVE A NEW GOI WITHIN A FEW DAYS AND A NEW PM TO HEAD THE NEW GOI. THE ISIS WILL RETREAT SLOWLY OUT OF THE PICTURE AS PEOPLE START GETTING PAID AND THE NEW ECONOMY STARTS TO IMPROVE... THE RV SHOULD HAPPEN WITHIN VERY FEW DAYS POST MALIKI'S REMOVAL AND A NEW PM IS IN OFFICE. TURKI HAS STATED OVER AND OVER THEY ARE PREPARED TO MOVE FORWARD WITH FINANCIAL REFORM.
6-27-2014 Newshound Guru Chattels The recent period has witnessed a number of statements to many MPs about the nomination of a number of personalities to fill the post of Prime Minister, among them (Adel Abdul-Mahdi, Ahmed Chalabi, in addition to Sate of Law's candidate, the current Prime Minister Nuri al-Maliki...my point is that no one knows who the nominee is as yet.
6-27-2014 Intel Guru TerryK Article quote: "Calls for the information department in the House of Representatives and all the media to cover the opening session of the third election day on Tuesday 01/07/2014, so we call on all media wishing to attend the meeting to send the names of their delegates..." WHAT I HAVE BEEN TOLD THIS WILL BE WHERE THE OFFICIAL ANNOUNCEMENT WILL BE MADE.
6-27-2014 Intel/Newshound Guru Poppy3 GOI WILL BE ANNOUNCED BY JULY 1 AND SET BY JULY 4TH ACCORDING TO SOURCES. NO TIMING AS YET ON WHEN TURKI WILL TURN LOOSE THE RATE. I STILL STAND STRONG TO A FLAT RATE OF OVER $3.00 AND AS MUCH AS $ 3.86.
6-27-2014 Newshound Guru tlm724 Article: "Presidency calls on parliament to hold its first session next Tuesday" here it is and how sweet it is "issued a decree calling for the new parliament to hold first session on Tuesday" good news day everyone! its been a long time coming too...the tide is changing for the better, have faith in your investment, all things come to pass and we are finally seeing positive progress and Iraq continues on despite these trying times! 6-26-2014 Newshound Guru Tlar Turki will RV/RI the currency next week north of $3.00. I am in possession of some information that is happening that I can't yet discuss, but if the government changes so goes the currency. Turki is waiting for that moment just as you and I are. I promise I am not grandstanding but I will tell you this. We are within a BB gun shot of this being over as long as the government is "settled.". No contact or second hand info but true fact. If the government is seated and is a new government next week, I will disclose what it is I've got within 5 minutes of the announcement. Everybody will be very happy. Come on Tuesday.
6-26-2014 Intel Guru SteveI As for the news, wow, it is so misleading. I am being told that the news being reported is not what is going on in real time. This new government is on a mission to get this country back on track and this is so encouraging and exciting to watch history unfold. Yes, this is almost over and we can then start the next chapter of our lives before you know it. This will happen very fast and when you least expect it. So until then, be happy that you stayed on this journey... [post 2 of 2]
6-26-2014 Intel Guru SteveI Here is how I see this being played out, Maliki will resign and I have no doubt about it. Too much pressures from the world and other leaders for him to be effective even if he were to stay. The new president of the parliament will be the same as the previous one and all will be announced I think by mid next week if not before (probably before). The new parliament will work hard and fast on the budget and it will get passed without issues. This has pretty much been reported in all the news. [post 1 of 2....stay tuned]
6-26-2014 Newshound Guru Administrator Bob Current Prime Minister Nouri al-Maliki continues to rebuff demands to step down. As committed, parliament sessions will begin July 1st with first order on the agenda to begin forming a new government.
6-26-2014 Intel Guru TNT Tony Things are still going in the right direction, just taking a little longer to begin the celebration.
6-26-2014 Intel Guru MarkZ Do not look for any big rv news until tomorrow afternoon or evening. Things are cooking just fine though.
6-26-2014 Newshound Guru Stryker Quote: "Informed sources revealed today, on Thursday, said a meeting of the National Alliance will be held this evening, in order to reach a final agreement on the choice of the next prime minister and other electoral benefits." It looks official the decree was put forth by the Vice President of Iraq today and the first Parliament Session will by next Tuesday July 1, 2014...
6-26-2014 Newshound Guru Enorrste I would love to see Mahdi take over, if for no other reason than to see Maliki go away. But there is a part of me that says that Maliki won’t go away, no matter what. The next few days will prove to be interesting, to say the least. Since I have covered both possibilities here, it is unlikely that I will be wrong. One or the other will win out. I suspect we will know which within 2 weeks. [post 3 of 3]
6-26-2014 Newshound Guru Enorrste The Kurds are adamantly against Maliki but are desirous of participating in making a new government. I suspect that they will want the Presidency again, as they have had it for 8 years. Therefore, I conclude, surprisingly enough, that Maliki may actually be replaced and that a new government will be created with Mahdi as the Prime Minister and Barzani as President. I realize that this runs totally counter to what I have learned about Maliki. Therefore, I hold this caveat: Maliki may stand firm, even against what is apparently a strong attempt to remove him from within his own National Alliance. If he steps down, we could see some significant changes in Iraq, to our benefit. On the other hand, if he balks, which the media reports indicate is still a possibility, then there could be a stalemate created that could last for months. [post 2 of 3....stay tuned]
6-26-2014 Newshound Guru Enorrste ...none of us can confidently say what is happening, since the media stories conflict with themselves in many cases. However, we may have an inkling of knowing where this is heading. Maliki has promised to attend, stated he would step aside if a candidate who could defeat terrorism is named, and has promised Kerry that a new government would be formed on or before July 1 (he clearly can’t keep this promise). At the same time his National Alliance has clearly indicated that it will not accept Maliki for a third term, and that it wants to nominate Mahdi for the position of Prime Minister. Najafi has stated that he would accept this nomination. The National Alliance was also confident that their “new” nominee would be widely accepted. [post 1of 3....stay tuned]
6-26-2014 Intel/Newshound Guru American Contractor PM Nuri Maliki turned down the emergency government and will be going with the Unity government just like he told Secretary of State John Kerry. The Iraqi Parliament will convene on Tuesday, 1 July. The Iraqi Parliament has 30 days to name a new Iraq President and then the President has 15 days to name a new Prime Minister. This will go into August before this is all said and done.
6-26-2014 Intel Guru TD I asked my friend for clarification of recent comments by Turki and the CBI. He indicates that much seems to be lost in translation and that the Governor was simply trying to assure "existing business interests and nations" of the CBI's continued efforts to keep monetary policy as stable as possible under the political pressures. Much concern raised by these "existing business partners" was ISIS looting more money, funds, etc. Turki was trying to assure people of Iraq's vast wealth "held outside Iraq". [post 2 of 2]
6-26-2014 Intel Guru TD Today i had a intellectual exchange with my friend over in the sandbox and thought i'd share some info: Maliki emphatically states today that he will "follow the democratic process" and form a government. he "claims' his party has majority and will not heed the advice of the Obama doctrine : "be inclusive and play nicely with all the kids". Maliki now seems to think of himself as "the Commander in chief" of all shiite's. The only way Maliki will go is if his own party topples him or he loses support from Iran. [post 1 of 2....stay tuned]
6-25-2014 Newshound Guru Aggiedad77 Article: "Najafip sources: the reference would give its blessing nomination of Adel Abdul Mahdi" Religious sources in Najaf are reportedly saying that Mahdi would be a good thing as a nominee for PM...they seem to infer that he would be acceptable by all political blocs...well that is at least their opinion...I am sure that there will be several names dropped in the hat.
6-26-2014 Newshound Guru Millionday Article quote: "Wahab said Vice President Khodair al, that the presidency will be issued today or tomorrow Decree Republican to hold the first session of the new Council of Representatives." the first session of parliament is thursday or friday -- this week...so the first session is to place by vote the new government and that will be complete this week...that is huge news...the US made an agreement that they were to have the gov formed by july 1st for the US to help.
6-26-2014 Newshound Guru Adam Montana the situation in Iraq isn't one of peace and tranquility just yet, but I get the feeling things are coming to a head and it's not turning out that bad. Quite frankly, I feel that if things were to take a drastic turn for the worst we would be seeing it by now. ISIL is holding on and making waves still, but it's starting to look like they are stretching themselves thin and that's never a good thing for an attacking party.
...get caught up on last nights updates below. Also, If you're not a DinarGuru.com member yet, get signed up in the blue box above...You'll automatically get on the Alert List and I'll send you very important information about your investment....
6-25-2014 Intel Guru DC I do believe we are beyond the point of interference from anyone. Even those trying to block or delay this are not having an impact. It is extremely positive for any time now. The RI could be available to the general public if the banks allow that, but the RV is following so closely behind and it will give us a slightly higher number, so they are waiting for that although the RI is being traded behind the scenes. The RI went through, and now Maliki has pushed it worldwide, so he is willing to wait on the RV until the political side is sorted out. The train has left the station, and I have a strong feeling it will be before the 4th. [post 2 of 2]
6-25-2014 Intel Guru DC [via Adept1] [NBC news says, “Iraq’s new government is ready and new PM has been selected. Maliki is preparing his exit speech.” What do you think about that?] It’s wonderful, but things can change until they are formal. I wouldn’t hold my breath on M retiring until everyone has voted on this. Maliki is extremely bright and we won’t count him out until it’s done. I think it’s 85% likely that Madhi gets it, but we have to see. ...you don’t have to have a PM in order to have an RV. [post 1 of 2....stay tuned]
6-25-2014 Intel Guru TNT Tony [...you don’t have to have a PM in order to have an RV.] It’s not a requirement, but a smart person would want to know who is in charge of this money. Do they shock the world by doing this first and announcing it afterwards? There should be an announcement on June 26th, which is tonight in Iraq. The RI went through, and now Maliki has pushed it worldwide, so he is willing to wait on the RV until the political side is sorted out. We are so close; we are in an active live window at this time. It could be in the next five minutes, any minute, next day or 3-4 days. [post 2 of 2]
6-25-2014 Intel Guru TNT Tony [via Adept1] They are still briefing people right now that is will be done before the 1st...and some think it will happen before the first, which I hope is the case. The banks are ready, they’ve brought in security and exchange people, refreshed information with everyone, and they have re-established their hours, ready for this to go right now. The only thing we haven’t seen is public announcement in Iraq, although they have said it is effective and have announced the RI. What we are waiting for has been processed around the globe, and it’s sitting in the banks waiting for the opportune time. The banks have the rates, they are just not dealing with the public yet because they want to do the RV and the GCR at the same time. [post 1 of 2....stay tuned]
6-25-2014 Newshound Guru Mountainman Another factor in Iraq's favor today is the Kurds... they are now the main group that is in the best position to help stableize Iraq and bring the country back to a position of stability... They are the most powerful group in Iraq today bar none.They are easily able to maintain security in their area... but...they are not going to until they are given legitimate power and positions in the Iraqi govt. We are half way through the year...don't look for the dinar to change this year... possible? In my opinion no. Next year very possible...watch for Iraq to develop a stable govt. then look for a change in the value of the dinar. [post 2 of 2]
6-25-2014 Newshound Guru Mountainman [Long time no see!] I see the current serious conflict going on in Iraq to be to our advantage for a multitude of reasons...the main thing is Malikai is going to be ousted either by his own govt or by ISIS...either way he is on his way out. The US is going to step in and step in hard against ISIS. The main point is the world is not going to tolerate this kind of action...So its obvious Iraq is in for another major change...and I believe after all they have suffered...the Iraqi govt is finally going to become an all inclusive govt sharing power equally between the three main religious parties....and this change could occur within a couple of weeks...As they have literally run out of time. [post 1 of 2....stay tuned]
6-25-2014 Intel Guru TerryK Article quote: "Sources within the National Alliance, on Tuesday, on the nomination of the leader of the Supreme Council, Adel Abdul-Mahdi as prime minister instead Maliki." [Wasn't he one of the former finance positions?] YES HE WAS. [do you think he can bring all three factions together or will the Kurds still feel left out?] YES I DO. THEY ARE TRYING TO GET BACK TO DOING BUSINESS AS THEY DID PRIOR TO THE WAR FROM A $$ STAND POINT. JUST GOT OFF THE PHONE WITH A COUPLE OF SOURCES THEY ARE STILL INSISTING THAT WE ARE IN A GREAT PLACE AND THAT THINGS ARE IN GREAT POSITION.
6-25-2014 Intel Guru Mnt Goat Will they still hold the session or will Maliki find a way to sidetrack it again? Something to be watchful for. He already go them to postpone the 6/24 session to 6/27. I still firmly believe that we will not see any revaluation of the IQD unless Iraq has a stable and functional government...This will bring us the final completion of the project to restructure the currency. This is what the CBI also wants and this is what will get us to the banks to exchange our dinar. [post 2 of 2]
6-25-2014 Intel Guru Mnt Goat ...today we stand on a new timeline once again. This could be all over within the next week. I will not give out a date but I believe we are very close looking at all the current news...this should be a pivotal week....we are in this critical stage and all time is critical now. I still whole heartedly expect Maliki to attempt to find a way to sabotage the process. Until it is over its not over. [post 1of 2....stay tuned]
6-25-2014 Newshound Guru Aggiedad77 Article: "Alkhozai: Presidency of the Republic issued a decree during the next two days to hold the first meeting of Parliament" This same man promised us three days ago that Parliament would meet then in "two days", now here it is Wednesday and he is still saying "two days,"...soon it will be July 1 and hopefully he will have gotten it right...and then the article closes with the July 1 date...
6-25-2014 Newshound Guru Adam Montana So…what do we take away from all that? The recent events in Iraq have definitely put a kibosh on anything "popping" in the next week or two, but the dust will settle and Iraq still has not suffered anything that has or will set them back significantly. In fact, despite the turbulence, the exchange rate has remained strong and that says a LOT about the future potential for them. I remain positive. [post 2 of 2]
6-25-2014 Newshound Guru Adam Montana You would think that with all this madness and chaos and "OMG the sky is falling!" going on over there, the currency would be plummeting back to the 4000:1 rate it was at a decade ago… but that's not the case. In fact, the stability was only in question for less than a week, when the dinar "wobbled". Turki/Central Bank states that despite the current events, the dinar is and will remain stable. Not only that, they have the ability to maintain any rate without a roof. (That says "float" to me!) (Yes, all this in spite of the "doom and gloom" the lame-stream media would have you believe!) [post 1 of 2....stay tuned]
6-25-2014 Intel/Newshound Guru Poppy3 MALIKI HASN'T RESIGNED, HE HASN'T TOLD KERRY HE RESIGNED, THE RV HASN'T HAPPENED BUT THE GOVERNOR OF THE CBI SAYS IT WILL MID YEAR 2014 AND WE ARE AT MID YEAR 2014, HE TOLD THE WORLD THIS AND ALSO ADDED THAT THE POLITICAL AND TERRORIST ACTS WOULD NOT DETAIN HIM . THE ISX PRESIDENT PROMISED TO OPEN THE NEW EXCHANGE, OPEN AND TRADING INTERNATIONALLY ON JULY 1. THESE TWO GUYS HAVE TOLD EVERYONE WHEN AND WHAT WILL HAPPEN AND THEY ARE THE FINAL SAY SO...UNTIL THEY SPEAK PUBLICALLY AGAIN ABOUT THIS SUBJECT THEN WE ARE ALL WAITING TO SEE WHAT THEIR ACTION IS.
6-25-2014 Newshound Guru Stryker Article quote: "Deputy President of the Republic Khodair al, on Wednesday, that the presidency will be issued during the next two days a decree calling for which the new parliament to hold its first session" THE VP OF IRAQ WILL FILE THE DECREE IN THE NEXT TWO DAYS FOR THE FIRST PARLIAMENT SESSION TO BE HELD...One of the most important steps to formation of a new government AS LONG AS the real leaders step up and get Maliki out.
6-25-2014 Intel Guru EXOGEN THIS IS ALMOST OVER!!
6-25-2014 Newshound Guru Millionday [did parliament meet today?] the first of july -- and the oldest member will be the pres of parliament...ALL LEADERS WILL BE VOTED IN AT ONE TIME --- ALL IN ONE VOTE...and remember that the US said they would only come if that was done so that has to be and is by agreement to adhere to the constitution. [do you think there will be a reality rate by July 1st?] i dont have a date for a reality rate but there are a lot of things that are to be done by july 1st -- this week is full of many things to be done...
6-25-2014 Newshoun Guru Tlar Meetings of the NA at Jaafari's house appears to have born fruit. It appears a nominee has been chosen unanimously from the NA. The nominee as it turns out is Mahdi who is a Shia and held the job of Vice President under Maliki. Mahdi was charged with terrorism by Maliki a few years ago when Maliki returned from Washington. Mahdi has no love for Maliki I'm sure. The articles state Mahdi was unanimously voted as an acceptable nominee by the NA which I take also includes the SOL...there exists now 2 different news sources saying the same thing. If true this means that they can now convene parliament and build a non-sectarian government.
6-25-2014 Newshound/Intel Guru BGG [I never have understood why Maliki seems so opposed to a revalue of the currency?] He's an Iranian proxy - has been a "weak Dinar policy" guy from day one. Should he manage (by some miracle) to stay - any RV you might see under him won't be the kind we have imagined...it will start much lower. JMHO. He is ruthless and that is one way to get Iraq off the hook for cheap... most of the 3 zero notes would be off the market within days. [with a new PM would you think we might see a higher exchange rate?] IMHO - yes. 6-24-32014 Newshound Guru wmawhite keep in mind that the Governor of the CBI stated that when the government is decided...NOT when they love each other, NOT when they get along or is stable...because those thing are all relative. Instead, he stated "when decided" we (impling the Board of Directors of the CBI) will move forward with the project. Furthermore,...IMO this tells me it does not matter who is running the show...the CBI just needs a functioning government.
6-24-2014 Intel/Newshound Guru Poppy3 WE WILL SEE NEWS TRAVELING FAST TODAY AND POSSIBILITIES OF THINGS MOVING FORWARD BUT THEY STILL HAVE MUCH TO DO AND A SHORT TIME TO GET THEM DONE. THIS WEEK WILL SHOW US JUST HOW FAST THEY CAN MOVE AND ACTUALLY FORCE ACTIVITY. TURKI & ISX NOW JUST HAVE 5 DAYS FOR MEETING THEIR DEADLINE TO MAKE THEIR MOVES. NOW WE KNOW THEY HAVE BEEN DELAYED SOME BUT THIS GOAL WAS SET BY THEM AND THEY DIDN'T TELL JUST YOU AND I THEY TOLD THE WORLD. QUESTION TO ASK IS WILL THEY MEET THEIR GOAL OR WILL THEY USE THE TERRORIST ATTACKS FOR A EXCUSE AND THEY HAVE ALREADY SAID THE ATTACKS AND POLITICS WILL NOT EFFECT THEIR COMPLETING FINANCIAL REFORM SO THEY HAVE PLACED A MONKEY ON THEIR BACKS ALL ALONE.
6-24-2014 Newshound Guru Tlar Some gurus out their still believe Maliki will get a third term. He will not and this situation can't be dragged on and on. We will quickly see a resolution to this in my opinion. The stakes are too high. Iraq risks civil war and all the players know it. Turki just needs to see a government of the people and know that the attacks against the reserves are over. When these two things occur we are there and he will pull the trigger.. The initial target date is July 1st but if it drags a few extra days, then it is possible that the RV will drag a few extra days. [post 2 of 2]
6-24-2014 Newshound Guru Tlar Everything looks to me like it is coming together probably as it should. There is no secret that Maliki has not resigned but rather is trying to engineer some way to have a puppet regime acting on his influence (orders) and in particular to put up a shield of protection around himself, all while trying to appear the stateman for Iraq. For there to be an RV on the first, somehow they must form a government this week. [post 1 of 2....stay tuned]
6-24-2014 Intel Guru Bluwolf [via Red, White & Blue] Today is a day of decision making with a no turning back, with a twist, for Iraq, Syria, Egypt, Libya, Israel, Arabia, England and the USA. This is a world- renowned mandate that has to be economically resolved immediately. Its importance is of a worldwide nature and the pressure to get it over is a done redundant [sic]. We are in a awesome position right now folks, blessed to be exact.
6-24-2014 Intel/Newshound Guru Poppy3 [What has M (Maliki) done today to disrupt Parliament being seated tomorrow (Tuesday)?] TRYING TO GET THE MEETING MOVED FROM BAGDAD TO ERBIL WHICH WOULD DELAY IT FURTHER BUT WE HAVE NOT HEARD IF IT WILL BE MOVED OR WILL HAPPEN IN BAGDAD AS PLANNED. [Word is Parliament meeting tomorrow is total rumor.] SORRY THE OFFICIAL WORD WAS THE MEETING WAS SCHEDULED FOR THE 24TH. THE RUMOR IS THAT IT WILL NOT HAPPEN THEN BECAUSE IT MAY BE MOVED TO ERBIL. TIME WILL TELL WITHIN 24 HOURS. REMEMBER THEY ARE NOW UNDER WORLD OBSERVATION TO GET THINGS DONE ASAP MORE THAN EVER IN HISTORY SINCE THE WAR WAS CONCLUDED. MAKING CITIZENS WAIT IS ONE THING BUT MAKING THE WORLD WAIT IS SOMETHING ALL TOGETHER DIFFERENT. TIME WILL TELL.
6-24-2014 Newshound Guru Kaperoni Article: "Massive withdrawals of depositors .. and fears collapse of the dinar amid the absence of a central!" There is a lot of blame to go around as to why Iraq is not in a market economy after 10-12 years of preparations. The bottom line is that until they do what is needed...stability, security, laws, etc..the CBI will continue to just do auctions and manage the dinar via a peg. There is no way to predict if Iraq can figure this out this year or if it will take several more. All we can do is wait and watch.
6-24-2014 Newshound Guru Chattels this political process is complicated and convoluted even if it proceeds constitutionally or " by the book ", add the notion of a " National Salvation Government " and whatever the USA and Iran have in mind and well, who knows! ...even according to the constitution...a 15 day extension is very possible and legal. none of the news articles are talking about a possible extension but it is there in the article of the constitution in black and white.
6-24-2014 Intel Guru Jester [will we see Maliki go soon?] IS POSSIBLE... THAT IS WHAT THEY WILL LIKE TO HAPPEN... THAT IS WHAT ALL THE MESS OVER THERE IS ABOUT RIGHT NOW... WE WILL HAVE TO WAIT AND SEE.
6-24-2014 Intel Guru Mnt Goat He has had 4 years already to work out a compromise and negotiate on this issue so why all of a sudden now on the eve of the first session of parliament does he propose such a deal? Article 140...will linger as long as it is used as a political bargaining ship...once Maliki is gone this article 140 issue will be clarified very quickly once and for all... So why accept any deal now? It will be one of the items in the “basket” of laws that will be published and moved forward very quickly along with the long awaited revaluation process. Good try Maliki! [post 2 of 2]
6-24-2014 Intel Guru Mnt Goat I...heard that Maliki had made a deal to implement Article 140 and that the Kurds agreed to it. This is great news however it is only a proposal put forth by Maliki. It means nothing unless the new session of parliament is held and they vote on it and accept it. I also want everyone to remember that the constitution of Iraq already provides for these disputed oil rich regions to go to the Kurdistan region. So why the necessity for any “deal” in the first place? [post 1 of 2....stay tuned]
6-24-2014 Newshound Guru Aggiedad77 Article: "Banks speed up shift to forex automation" And just why would big banks like Barclays and UBS be pushing for forex automation within Iraq...could it have anything at all to do with an upcoming major curtain call with the MR [Monetary Reform]?
6-24-2014 Newshound/Intel Guru BGG [I never have understood why Maliki seems so opposed to a revalue of the currency?] He's an Iranian proxy - has been a "weak Dinar policy" guy from day one. Should he manage (by some miracle) to stay - any RV you might see under him won't be the kind we have imagined...it will start much lower. JMHO. He is ruthless and that is one way to get Iraq off the hook for cheap... most of the 3 zero notes would be off the market within days. [with a new PM would you think we might see a higher exchange rate?] IMHO - yes.
6-24-2014 Newshound Guru Chattels Maliki is the current manifestation of what is fundamentally wrong in Iraq. Constitutionality, the rule of law, due process and fundamental fairness is necessary for all and not just the Kurds. The Kurds understand that which is why they couch every action on terms of the constitution.
6-24-2014 Newshound Guru Enorrste If Maliki is ousted next week...I will be the first one to eat crow. There is no way Maliki is leaving next week, or the week after, or the week after that. Time will tell. I have my seasonings ready if I have to eat crow, but I'd wager I won't have to. If/when parliament meets, Maliki will assert his right under the Constitution to form a new government. Then 30 days later, he will appeal to the same process he employed 4 years ago and got approval for from the Supreme Court. In other words, nothing will happen for at least another 45 days. 6-23-2014 Intel Guru TerryK SO WHERE ARE WE WITH THE SITTING OF THE GOV. HEARD IT WAS TO BE DONE THIS AM. ALSO HEARD THAT MALIKI MAYBE THE PM AS ARRANGED WITH USA AND IRAN BUT THEN HEARING THAT HE IS NOT. A LOT OF SMOKE IN THE DINAR WORLD. I AM THINKING THAT THIS IS OUR WEEK. SOURCE THIS AM IS REALLY EXCITED AGAIN BUT THEN SHE HAS BEEN EXCITED THE PAST TWO WEEKS. MY SOURCE TOLD ME THAT THIS AM IS THAT THEY WANT THIS DONE BY 7/1.
6-23-2014 Intel/Newshound Guru Poppy3 TODAY IS THE 23rd OF JUNE SO WE ARE NOW DOWN TO JUST 6 -7 DAYS BEFORE TURKI AND THE PRESIDENT OF THE NEW ISX ARE TO OPEN IRAQ UP TO WORLD TRADE. THEY TOLD THE WORLD WHAT THEY WOULD DO AND WHEN IT WAS GOING TO BE COMPLETE SO OUR DAYS THIS WEEK SHOULD BE VERY REVEALING OF ACTIONS TAKEN. I FEEL VERY SURE THEY WILL TRY AND KEEP ALL POSITIVE ACTIONS AND COMPLETIONS VERY QUIET AS POSSIBLE AND THAT OUR NEWS MEDIA WILL KEEP UP THEIR HIDDEN AGENDA OF PREACHING DESTRUCTION ON THE ENTIRE COUNTRY. THERE WILL BE MUCH NEGATIVE INFORMATION AS THIS PROGRESSES... JUST WATCH THEIR ACTIONS . IF YOU LISTEN TO THEM YOU WILL DEFINITELY BE DECEIVED.
6-23-2014 Intel Guru Frank26 Article quotes: "...at ten o'clock this evening will deliver a present to you Mr. Nuri al-Maliki and historically important speech to the Iraqi people great..." "...it is today because of political pressures and to maintain the unity of Iraq announced the resignation of this government, led by Ana Nouri al-Maliki..." Report just came in: 100%... Unequivocally...Totally...FALSE!
6-23-2014 Intel Guru TNT Tony & DC Back in November-December, we knew the US didn’t want this until the July 1st, we just didn’t think they would ever get it to that point. They have done everything they can to string it along. Why does the US want this to come out on the 1. July? There are anti-money laundering and banking regulations coming in, with tax implications and reporting, and those are coming in on 1. July. The rates have gone up, and the amount the US gets has gone up by hundreds of millions if they do it on the first. There is a strong chance that the rates may even go up again on July 1 as it goes from RI to RV; it looks very good for that right now. The RI has been released to the banks, and the clock is now ticking for that release. Our understanding is that you May get the option to get the RI rate before the 1st, but there will be restrictions and you cannot get the RV rate after that...Everything is looking good, so stay positive. [post 2 of 2]
6-23-2014 Intel Guru TNT Tony & DC [via Adept1] Thursday we had notification that the RI+RV was going to go through. We were waiting for Maliki’s public announcement. On Friday, the RI was completed. It finally went through. We were encouraged to give you this information. The RI, which had they had signed off on April 26th was finally processed on Friday around the world. Everyone accepted it including the US, they accepted that rate, so the RI is sitting there and waiting to be brought to the public. It was sitting there on Saturday, and on Sunday, then we got word we would see it on Monday or Tuesday. Maliki is supposed to make an announcement today, and we’ll expect that every day until he makes it. [post 1 of 2....stay tuned]
6-23-2014 Newshound Guru Kaperoni I will add, Maliki's poor management of the country is a clear example of how he has weakened the banking and monetary policy. The CBI has been in essence "treading water" waiting for the rest of the country to get together so they could take the next step and do what I said above. But Maliki has failed miserably in uniting the country and reducing violence. The end result was the last four years were wasted and we are almost back to 2007-2008 conditions. What needs to happen now is Maliki needs to go, a unified government needs to be installed and the country needs to stabilize, strengthen and remove the terrorism..and in short order. The CBI is waiting. [post 2 of 2]
6-23-2014 Newshound Guru Kaperoni Article: "Massive withdrawals of depositors .. and fears collapse of the dinar amid the absence of a central!" it is clear that the problem is a lack of confidence from the citizens. But the CBI is not helping matters as they say. Despite Turki's statement the other day (plenty of reserves), he is not providing enough foreign currency to curb this problem..and the result is even less confidence. If the dinar continues to drop in coming days (auctions) its only going to take them even further out of compliance with the IMF and delay any chance of monetary reform this year. Until they get the country under control politically and reduce the violence that is not going to happen. [post 1 of 2....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 [I was wondering what your thoughts are about the ISX/OMX that is expected to launch on July 1st.? Do you think it will launch as planned (June 28, 2013 OMX Platform stated "The upgrade is expected to be rolled out by mid-year 2014")? And do you agree that we need an international currency in order to do that?] THEY STILL HAVE SAID ZIP DIFFERENT FROM WHEN THEY SAID, YES IT WILL OPEN ON JULY 1 AND BOTH THE PRESIDENT OF THE ISX AND THE CBI HAVE SAID SEVERAL TIMES THAT YES THEY WILL OPEN AND WILL HAVE A INTERNATIONALLY RECOGNIZED CURRENCY. IF THAT HAS CHANGED THEY HAVE NOT MENTIONED IT ANYWHERE THAT I HAVE SEEN. THEY HAVE ALSO SAID THAT THE MILITARY ISSUES WILL HAVE ZERO EFFECT ON THEIR PLANS FOR FINANCIAL REFORM.
6-23-2014 Newshound/Intel Guru BGG [with the seating of parliament on Tuesday does that look like a good day for maliki to leave one way or the other?] Maliki is fought the seating of Parliament tooth and nail...once they are seated - it is a very short walk to the end for him. Once Maliki is gone - things will get much easier. [With the conflict on going and M being "forced" out is ISX, July 1 upgrade on track? And if so, Do you think it forces CBI to RV prior to July 1?] My comment will be - the financial side of things sure feels like it is on it's own timeline entirely... particularly in light of Turki's recent comments about the potential value of the Dinar. [Can our liquidity event happen with M in place?] not impossible - however, at this point - I would at least think the IMF/WB would want to be certain he is a non-factor.
6-23-2014 Newshound Guru Aggiedad77 Article: "U.S. official: Kerry will discuss the potential for tripping over Iraq's oil supplies" Oh this should give everyone in Iraq a warm fuzzy feeling...Sec of State Kerry is allegedly going to show up in Iraq...now of all times...now after so much damage has been done...let's pay a little attention to a country we once tried to save from the very menace they face today...a menace that someone uttered "were on the run" not so long ago...I'm sure that there will be a warm welcome for him...it is kind of funny...this talk of oil disruption is not even remotely close to being a reality...nothing in the way of exports to the north or the south have been threatened.
6-23-2014 Intel Guru Mnt Goat ...the violence now going on in Iraq threatens to destabilize the entire country and to stretch beyond the Iraqi border. This violence is intentional by the Maliki government and will not end as long as Maliki remains prime minister during this time of provisional government. Yes - this violence is a bit exaggerated on the USA news channels but I assure you it is real and will have lasting effects if not stopped. The only real hope for the Iraq is for the “good guys” to aggressively push forward and get the new government seated as quickly as possible.
6-23-2014 Newshound Guru Tlar Maliki will only leave the way all dictators leave. In a box or under arrest. This guy is getting nuttier by the day. ...Hakim has already stopped him from arresting Chalabi for terrorism charges. So you will most likely see confusion to as not present or focus on any particular guy until he is nominated on Tuesday. Until then I don't think any position will officially be announced publicly but it is interesting that Chalabi is meeting with everyone but not on the list. ...the results were ratified last Monday by the federal courts 354 out of 358 mps.
6-23-2014 Newshound/Intel Guru BGG I will leave everyone with some thoughts... though there is turmoil...considerable uncertainty...I am optimistic about Iraq's chances now. Maliki has captured the world's attention...and not in a good way...which in the short term - should be good for us (and them). The truth is coming out everyday and this is good. [post 2 of 2]
6-23-2014 Newshound/Intel Guru BGG FOX ran a report phrased like 'John Kerry headed to the Middle East to urge Maliki to "guarantee his gov't will be more inclusive" in the future'... My take on the Kerry "narrative" was to at least look on the surface as though the US wasn't there to "directly effect" (as per the POTUS) the choosing of the Iraqi leadership...to "urge" Maliki to be "inclusive"...however, I am POSITIVE we are there to "help with the choice" and it won't be Maliki. I doubt he lasts much longer...this "gambit" of his with ISIS and allowing them entry hurt both the Iraqi ARMY and his own chances. I believe it greatly hastened his coming demise. [post 1 of 2....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 THEN WE HAVE HAD MANY OTHERS TO SAY THE SAME TIME TABLE FOR OTHER ACTIVITY TO TAKE PLACE AND THAT INCLUDES THE MINISTER OF FINANCE COMMITTEE AND THE NEW ISX PRESIDENT THAT STATES THEY WILL OPEN THE NEW ISX AND WILL BE TRADING INTERNATIONALLY ON JULY 1. I THINK WE ARE IN AN AWESOME WEEK COMING UP THAT EVEN IF IT DOESN'T BRING FORTH THE RV IT WILL REVEAL EVEN MORE...ACCURATE TIMING OF WHEN WE WILL SEE MALIKI GONE, GOI SET, AND ALL REQUIRED FOR OUR RV AND MAY EVEN SEE AND HEAR THE RATE. [post 3 of 3]
6-23-2014 Intel/Newshound Guru Poppy3 NOW...I AM BEING ASKED HOW MUCH LONGER AND I CAN ONLY SAY THE FOLLOWING...FIRST THE GOVERNOR OF THE CBI, MR. TURKI, HAS STATED BEGINNING LAST YEAR THAT MID 2014 WE WILL HAVE A NEW VALUED CURRENCY AND COMPLETE FINANCIAL REFORM! THEN HE HAS STATED THE SAME THING AT LEAST 3 TIMES SINCE THEN BEGINNING IN JAN 2014 WHERE HE ACTUALLY SAID JUNE FOR A TRADEABLE CURRENCY. HE HAS ALSO STATED NOMINAL VALUED CURRENCY. I CAN'T GIVE YOU ANYTHING THAT SOUNDS BETTER THAN WHAT THE MAN THAT IS CHARGED WITH MAKING THE CHANGE HAS SAID AND HE HAS NEVER...SAID ANYTHING ANY DIFFERENT THAN THIS. [post 2 of 3....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 SEVERAL THINGS THAT NEED TO HAPPEN BUT MOST ALL OF THESE ARE ALL CONNECTED AND WILL HAPPEN ALMOST SIMULTANEOUSLY. FIRST THE NEW GOI SET AND SHOULD HAPPEN EARLY THIS WEEK. DOESN'T HAVE TO BE SET FOR THE RV BUT WE THINK THE CBI AND WORLD BANK HAVE COME THIS FAR THEY WILL MAKE THAT A PRIORITY. NEXT ARTICLE 140 AND THE HCL HAVE BEEN READY FOR IMPLEMENTATION FOR MONTHS NOW. I TRULY EXPECT TO SEE THE VALUE CHANGE ONE DAY AND THESE TWO LAWS TO BE IMPLEMENTED WITHIN A COUPLE DAYS POST RV. NEXT THE RV IS ANNOUNCED THEN WE NEED TO HEAR THAT THE DINAR IS A RECOGNIZED TRADEABLE CURRENCY AND THAT WILL BE SET TO GO PRIOR TO THE ANNOUNCEMENT. [post 1 of 3....stay tuned]
6-23-2014 Newshound Guru Aggiedad77 Article: "Specialists: the presidency will call the new parliament to work during the next two days" Will we see Parliament getting together for a session in the next two days? So says the voice of the President...through his Vice President Khodair...originally the initial meeting was to be held June 30, but in staying with legal precedent the meeting will now be convened much sooner...we shall see what happens.
6-22-2014 Intel Guru SteveI All looks very good ahead. Here some some things to watch for: The naming of the President of the new parliament. Immediately after that, the official naming of the new Prime Minister (FYI, it will not be Maliki under any condition). The passing of the budget. The closing of the borders (this may or may not happen as this all will go down very fast). Many are sill predicting Maliki will remain in power, but I will stick to my post from last Tuesday. Each and every day gets more exciting. This very well could be a great upcoming holiday. [reference SteveI post 6-20-2014]
6-22-2014 Newshound Guru Enorrste It has always been my view that Maliki is shrewd, not dumb. He does things because he himself benefits in some way...his placement of Turki in the CBI slot was for a reason that has benefited him. We have never heard him say that the plan was not going to happen (raising the value of the dinar). Never. But we have heard Turki endorse the plan generally. So, on god's green earth I see that Maliki will slowly evolve, to his own benefit, and allow Turki to move to Article VIII and the dinar to float. [post 2 of 2]
6-22-2014 Newshound Guru Enorrste ...it has been my view that Maliki was holding off on allowing the float for political reasons. A weak dinar policy meant that his opponents would not reap the benefit of a rising dinar, assuming they were holders. My statement Maliki will allow the float is consistent with his own statements and those of Turki. Turki said just a few days ago that the dinar would enter the world stage late this year or early next year. He would not say that without Maliki's approval. Maliki also has stated that he wants the country to prosper and enter the world market. The fact that he has not done much thus far to make that happen doesn't mean that it won't happen. He actually has a great incentive to allow the float, once he is re-established with a third term. He will become the ultimate hero. [post 1 of 2....stay tuned]
6-22-2014 Intel Guru Frank26 I am seeing three articles my TEAMS have already talked to me about. I have to admit ....We did NOT expect to see them today. The speed of many directions in Baghdad is being amplified. IMO...It is impressing the proper entities of MR Powers. What we are seeing today is not an optical illusions of chronic lies from Iraq. Today is impressive.
6-22-2014 Newshound/Intel Guru BGG [Can 140 be implemented without an RV?] More than likely - yes. [do you believe...will we have rv by July1?] I cannot (in good conscience) say no...we cannot discount anything, at this point...but I cannot (in good conscience) say "proof positive" YES either...my instinct is that July 1 might be a tiny bit early based on the current scenario...but if I am right and Maliki is gone soon - anything can happen.
6-22-2014 Newshound Guru Aggiedad77 Article: "PM Barzani: Maliki should step down" Barzani is talking sense, something that Maliki doesn't seem to want to listen to...step down now...allow the country to pull itself back together...there has been 8 years of continuous turmoil and with no end in sight...enough is enough...Barzani talks of a political solution, not a military one...but agrees with the US troop involvement as a "good step"...Maliki needs to pay attention to the music...are they playing a dirge...for an exit?
6-22-2014 Newshound Guru Tlar Somebody asked question...if I still think July 1st date is good. Quite simply, yes. What is important to watch for is steps: Step one. New government is formed next week. Step two. World governments immediately recognize new government in Iraq as legitimate government. Step three. Maliki leaves country or is arrested or is assassinated. Sunnis will join forces with kurds and Shia to expel ISIS. Step four: Turki will pull trigger the minute there is a new government and Maliki has been dealt with. These are the steps. Us will offer new government all military support the minute they announce a new PM which means new government. These steps must happen by next week for Turki to have the confidence to play his part. He is just waiting as we are.
6-22-2014 Newshound Guru Chattels [Is Maliki up to his final nail yet? Or is he still hanging in there?] NO RESIGNATION BY MALIKI OR NEW GOVERNMENT AS YET.
6-22-2014 Intel Guru Jester [Jester some gurus have said it will be a float-come out low and go up, others say there will be a sucker rate first and then it will go up and others say get cashed out fast because it will go down or lop.] I DO NOT THINK THEY WILL FLOAT... WHEN THIS MESS IN IRAQ IS FIXED... WELL... IT IS A SHOW BUT ONCE IT CONCLUDES LET'S SAY... THEN THE IRAQI'S SHOULD HAVE A NEW GOVERNMENT AND THE WORLD WILL DROP IN AND OFFER THE NEW GUYS ALL THE HELP THEY WILL LIKE... AND THEN I THINK THINGS WILL MOVE RIGHT ALONG.
6-22-2014 Intel/Newshound Guru Poppy3 I THINK IT WILL HAPPEN WITHIN THE NEXT 8 DAYS ACCORDING TO WHAT TURKI AND SEVERAL OTHERS HAVE SAID NOT PUBLIC USA SOURCES BUT THEY BELIEVE IT ALSO.
6-22-2014 Newshound/Intel Guru BGG Iranian source: "Maliki agrees to the immediate application of Article 140 which included all areas of the Kurdish region." "the Iranians have handed over a letter signed by Nuri Maliki Prime Minister to the Presidency of the Kurdistan Region of Iraq similar to the terms of agreement..." "in detail included the message,according to the same source approval Maliki and all parties that fall under the coalition political immediate application of Article 140of the constitution and the annexation of Kirkuk and other disputed territories, without exception, to the Kurdistan Region" Ultimately - this boils down to Iran having handed this letter over to the Kurds. Maliki will try to weasel out later. Iran wants more Kurdish military involvement - some Kurdish parties are not good with this. In exchange for help with ISIS the Kurds get what they have been promised all along. Good luck Maliki.
6-22-14 Intel Guru EXOGEN DIRECT INTEL Maliki gone bye bye...confirmed! Yes! Confirmed Awesome! Turki CBI not Maliki...now the US can do their job...praying hard! Yes! RED suit coming. Leaving presents.
6-22-2014 Intel Guru Frank26 [via FlPatriot59] This is what we believe happened. ..yesterday Turki came out and said what he said about raising the value of the currency. The timing of him coming out and saying this is very interesting. That meeting was with Gulf countries listening to Turki about monetary policy. He said the 70B on reserve they have has been tripled and could triple again. They're sitting on mountains of gold and abundant oil. And he said there's no ceiling. The only thing left is the HCL (HydroCarbon Law) and that will done on July 1. A deal has been made for Article 140. It was brokered by Iran. The fact that it's done is almost miraculous.
6-22-2014 Newshound Guru Chattels [regardless of what did or didn't happen in 2010, from what i understand the constitution doesn't mandate every member of parliament attend the first session of parliament. Only requirement is that there is an absolute majority, which would be 165 of the 328 members.] you may be correct. [could certainly drag things out.] that is my concern in that the Iraqi constitution may be unclear on this procedural issue and, well, we have all seen how the matters are protracted over time...we have no control over anything in all of this except our own expectations.
6-22-2014 Intel Guru Delta [via FlPatriot59] Turki is the Gov of the CBI. But the Board of Directors of the CBI determines the rates. "Any change in the rate will be supported with no ceiling." He (Turki) can choose any number. This is going to be a very important week coming up. We expect a very important announcement from the CBI soon.
Read more: http://www.dinarguru.com/#ixzz362MJXLCV
6-28-2014 Newshound Guru Enorrste Therefore, if they refuse to show at Parliament they will appear to be sympathizing with the Daash movement. This could bode well for Maliki's cause, if the people buy into it. Maliki, through this puppet, has put his opposition in the palm of Daash, in theory at least, if not in fact. How this will play out remains to be seen, but I agree ...that this is "crazy" at best, but probably good politics from Maliki's point of view. [post 2 of 2]
6-28-2014 Newshound Guru Enorrste Article: "Kamal al-Saadi: from linking to attend the first session of parliament to form a national salvation government supports Daash" This is a very interesting ploy on the part of the SOL leadership. He is basically saying that those who refuse to go to the new Parliament meeting, in an attempt to slow it down, are in fact being backed by Daash. He then goes so far as to say that those seeking a National Salvation Government are also backed by Daash, the Sunni terrorists. In doing this he is pitting Sunnis against Shiites and is saying that the "real" reason for the insurgency is that the Sunnis are attempting to overtake the government, by force if necessary. [post 1 of 2....stay tuned]
6-28-2014 Newshound Guru Millionday Article quote: "Despite the fall in the price of the Iraqi bonds to 87 cents per dollar - according to a report by Reuters - but that investors and bond holders have made a profit..." if recovery was not expected from the terroristic attacks -- this encouraging info would not be reported on Reuters...CBI is stating that they are like any other central bank and have protection implied...the confidence coming from them is very encouraging -- they feel empowered in their abilities and that comes from the steps they have taken and the position they have.
6-28-2014 Newshound Guru Enorrste If...correct that there is a compromise candidate "in the works" Mahdi may well be that person. The question is whether Maliki has "signed off" on Mahdi or not. One thing is clear: he is certainly well qualified for the job. Unfortunately, I still think Maliki is going to do whatever he can to retain his position. Time will tell. [post 2 of 2]
6-28-2014 Newshound Guru Enorrste Article: "Upper: Sadrists to nominate Abdul-Mahdi of the self-denial and the crowds waiting to see prime minister" Wikipedia quote: "Abdel-Mahdi is a member of the powerful Shi'a party the Supreme Islamic Iraqi Council, or SIIC. Long based in neighboring Iran, the group opposed a United States administration while holding close ties with the other U.S.-backed groups that opposed Saddam Hussein, including the Kurds and the Iraqi National Congress. He is a trained economist who left Iraq in 1969 for exile in France. He worked for French think tanks and edited magazines in French and Arabic. He was educated in France, and is the son of a respected Shiite cleric who was a minister in Iraq's monarchy." [post 1 of 2....stay tuned]
6-28-2014 Intel/Newshound Guru Poppy3 GETTING GOOD NEWS ... ALL FITS WELL WITH THE NEWS. CONTACT IN BAGDAD SAYS THEY HAVEN'T HEARD A SHOT FIRED SINCE THE CONSULTANTS AND ADVISER HAVE ARRIVED IN BAGDAD. ISIS BACKING OFF. HEARD FROM THREE PEEPS CNN REPORTED THAT IRAQ CONSTITUTION SAYS THEY MUST COMPLETE GOI AND PM ALONG WITH COMPLETE FINANCIAL REFORM BEFORE JULY 15.
6-28-2014 Newshound Guru Millionday it appears that a market economy is happening -- hmmm must not be a very successful group of terrorists...let me say this -- there is more money going into Iraq and also the investors are also encouraged...follow the money -- no one puts money they dont have with no return in the future...
6-28-2014 Intel Guru Jester [...supposedly there are to be some changes with their government and wondered if it would be a positive thing in the larger scheme of things for us?] I CAN SAY THAT THE IRAQ GOVERNMENT SHOULD PLAY OUT IF THE WORD I AM HEARING IS CORRECT. I AM NOT AT LIBERTY TO ANSWER ...QUESTIONS...CONCERNING RATE OR DATE. EVERYTHING IS FINE... JUST WAITING.
6-28-2014 Intel Guru DC [via Adept1] I do believe that we are in the RV process now, kicked off and ready to go. [You are still saying RV, or is there a chance it might be an RI first?] We believe that it’s an RV – that has been worked out and it’s fine. We have evidence of that. [Do you believe it will be fixed rate or a float?] A float. [is the GCR waiting on the CBI to pull the trigger?] I believe the RV and the GCR are separate, but you can’t let too much space between them. So in effect, the RI + RV will come through and the GCR will follow shortly thereafter. [do you still feel good about the next three days?] Yes. Everything looks phenomenal...Things have been put in motion, and it is different from the past. 6-27-2014 Intel Guru TNT Tony [via Adept1] We’re a day closer, and nothing but good news. [Do you believe it will be fixed rate or a float?] A float. The rates I’m hearing are great rates, and a lot of you will be overjoyed. [Are we still using VNN and IQN?] Yes. The RV is a foregone conclusion – it’s over and done with, we just want to see when we get started. We know how close we are.
6-27-2014 Intel Guru Frank26 There is no stopping the formation of the GOI for any reason. Not M [Maliki], not Ramadan...nothing is going to stop this process. IMO, the CBI has no excuses not to fulfill what the Governor of the Central Bank of Iraq said last year... ”we will add value to our currency in the middle of 2014.” Sir...if you miss it by a few months you will not hear a peep from me about it. CH 7 was lifted on June 27, 2013. IMO, times up. Or may I say...I LOVE THE TIMING OF EVERYTHING.
6-27-2014 Newshound Guru Tlar The coalition has asked that the media be present on Tuesday the 1st to record the first parliament session. Two of the 4 MP'S that were not ratified on the 15th because the courts had charges against them, are now ratified meaning the courts instead of siding with "the government" pressing phony charges that had been brought against them, have cleared the defendants of any wrong doing and approved the eligibility to meet on the first with the rest of parliament. Everybody but the leadership of the SOL has abandoned Maliki. Maliki is toast and it is my speculation that he will be a no show the day parliament convenes. [post 2 of 2]
6-27-2014 Newshound Guru Tlar Its official as of 2 days ago. The PRESIDENT IN Iraq has called for the first meeting of the new parliament. Calls are continuing to try to get Maliki to resign and interestingly enough they are even coming from his own party, the DAWA. Also today al-Sistani has asked Maliki to resign. That makes the UN, US, EU, the Sunni's, the Kurds, most of the NA which is Shia and all the countries surrounding Iraq including Iran that are asking that he step down. [post 1 of 2....stay tuned]
6-27-2014 Newshound Guru Millionday yes follow the money has been the huge huge thing we have to do but obviously we also needed to look at their capabilities and the help to return and pick up the pieces. there is alot of money involved and yes the market is going forward and...CBI has stated that they will be moving forward and have secured their banks...they will not be stopped with their reforms and monetary policy...and will move forward -- we had a report... that the kurds stock market will be launched in August and will be using Iraqi dinars. we do not have a date or rate set. [alot of people were talking of selling because of Iraq poss splitting up.] if Iraq was splitting up --- the erbil stock market would not be using iraqi dinars. [post 2 of 2]
6-27-2014 Newshound Guru Millionday the situation has grown to be huge with the security issue so it has become something that needed to be watched --- CBI is a separate entity but to think that blowing up the country is not important and someone stopping it would be silly for us to consider – before the terrorism grew to such great proportions we watched only the money but the help to stop the killings and also the overtaking of huge portions of their production and industry that they rely on for the reality calculation is huge because of it and the damage so now it is important that we see that help has arrived. [post 1 of 2....stay tuned]
6-27-2014 Newshound Guru Kaperoni No chance for the dinar to change value next week... The IMF is not in compliance. The CBI is not going to even consider until parliament passes the laws needed to support the economy, the new gov is formed and this terrorism is under control. I just like everyone else am curious for next week to see the results of Maliki's propaganda.
6-27-2014 Newshound Guru Aggiedad77 Article: "The Supreme Federal Court Rules Against Iraqi Minister of Oil's Request to Prevent KRG Oil Exports" I knew this was big big news when I saw it... I am so surprised that the Oil Minister would pull a stunt like this and think he could get away with it. The Kurds have to be pretty pleased with themselves today I would think.
6-27-2014 Newshound Guru Tlar This ride will get very interesting if what is supposed to happen, happens next week. It is all dependent on a new government being in charge with no Maliki.
6-27-2014 Newshound Guru Kaperoni Article: "Coalition calls for al-Sadr and al-Hakim «rule of law» alternative for the owners or the end of the National Alliance" The SOL did not nominate anyone else other than Maliki. The largest coalition which appears to be the National Coalition nominated Abdul-Mahdi and Chalabi. Maliki will begin bombing the Sunnis (ISIL) next week and we will see what happens. I think if they get to parliament, Maliki is done. If they were to form a new GOI and vote for a new PM - and Maliki refused to leave I would then expect there would be "reason" for the global powers to step in and tell Maliki to get out. Just not so sure yet they will get to parliament next week.
6-27-2014 Newshound Guru tlm724 Article quote: "The U.S. State Department that the Kurds will participate in the lineup the new Iraqi government, expressing Washington's refusal to export Iraqi oil without the knowledge of Baghdad. Massoud Barzani administration's support continuous unit Iraq and the need to form the next government, which may begin no later than the first of next July." having them work together is a huge thing...the Kurdish leaders confirmed that they will help to form a new government. So we may actually see a seated GOI and further developments on the HCL, article 140 etc once they are seated and vote in the PM, speaker, Presidents etc. this is good news and this will definitely help in the fight against terrorism, unity in the gov is a show of strength!
6-27-2014 Intel/Newshound Guru Poppy3 WE WILL HAVE A NEW GOI WITHIN A FEW DAYS AND A NEW PM TO HEAD THE NEW GOI. THE ISIS WILL RETREAT SLOWLY OUT OF THE PICTURE AS PEOPLE START GETTING PAID AND THE NEW ECONOMY STARTS TO IMPROVE... THE RV SHOULD HAPPEN WITHIN VERY FEW DAYS POST MALIKI'S REMOVAL AND A NEW PM IS IN OFFICE. TURKI HAS STATED OVER AND OVER THEY ARE PREPARED TO MOVE FORWARD WITH FINANCIAL REFORM.
6-27-2014 Newshound Guru Chattels The recent period has witnessed a number of statements to many MPs about the nomination of a number of personalities to fill the post of Prime Minister, among them (Adel Abdul-Mahdi, Ahmed Chalabi, in addition to Sate of Law's candidate, the current Prime Minister Nuri al-Maliki...my point is that no one knows who the nominee is as yet.
6-27-2014 Intel Guru TerryK Article quote: "Calls for the information department in the House of Representatives and all the media to cover the opening session of the third election day on Tuesday 01/07/2014, so we call on all media wishing to attend the meeting to send the names of their delegates..." WHAT I HAVE BEEN TOLD THIS WILL BE WHERE THE OFFICIAL ANNOUNCEMENT WILL BE MADE.
6-27-2014 Intel/Newshound Guru Poppy3 GOI WILL BE ANNOUNCED BY JULY 1 AND SET BY JULY 4TH ACCORDING TO SOURCES. NO TIMING AS YET ON WHEN TURKI WILL TURN LOOSE THE RATE. I STILL STAND STRONG TO A FLAT RATE OF OVER $3.00 AND AS MUCH AS $ 3.86.
6-27-2014 Newshound Guru tlm724 Article: "Presidency calls on parliament to hold its first session next Tuesday" here it is and how sweet it is "issued a decree calling for the new parliament to hold first session on Tuesday" good news day everyone! its been a long time coming too...the tide is changing for the better, have faith in your investment, all things come to pass and we are finally seeing positive progress and Iraq continues on despite these trying times! 6-26-2014 Newshound Guru Tlar Turki will RV/RI the currency next week north of $3.00. I am in possession of some information that is happening that I can't yet discuss, but if the government changes so goes the currency. Turki is waiting for that moment just as you and I are. I promise I am not grandstanding but I will tell you this. We are within a BB gun shot of this being over as long as the government is "settled.". No contact or second hand info but true fact. If the government is seated and is a new government next week, I will disclose what it is I've got within 5 minutes of the announcement. Everybody will be very happy. Come on Tuesday.
6-26-2014 Intel Guru SteveI As for the news, wow, it is so misleading. I am being told that the news being reported is not what is going on in real time. This new government is on a mission to get this country back on track and this is so encouraging and exciting to watch history unfold. Yes, this is almost over and we can then start the next chapter of our lives before you know it. This will happen very fast and when you least expect it. So until then, be happy that you stayed on this journey... [post 2 of 2]
6-26-2014 Intel Guru SteveI Here is how I see this being played out, Maliki will resign and I have no doubt about it. Too much pressures from the world and other leaders for him to be effective even if he were to stay. The new president of the parliament will be the same as the previous one and all will be announced I think by mid next week if not before (probably before). The new parliament will work hard and fast on the budget and it will get passed without issues. This has pretty much been reported in all the news. [post 1 of 2....stay tuned]
6-26-2014 Newshound Guru Administrator Bob Current Prime Minister Nouri al-Maliki continues to rebuff demands to step down. As committed, parliament sessions will begin July 1st with first order on the agenda to begin forming a new government.
6-26-2014 Intel Guru TNT Tony Things are still going in the right direction, just taking a little longer to begin the celebration.
6-26-2014 Intel Guru MarkZ Do not look for any big rv news until tomorrow afternoon or evening. Things are cooking just fine though.
6-26-2014 Newshound Guru Stryker Quote: "Informed sources revealed today, on Thursday, said a meeting of the National Alliance will be held this evening, in order to reach a final agreement on the choice of the next prime minister and other electoral benefits." It looks official the decree was put forth by the Vice President of Iraq today and the first Parliament Session will by next Tuesday July 1, 2014...
6-26-2014 Newshound Guru Enorrste I would love to see Mahdi take over, if for no other reason than to see Maliki go away. But there is a part of me that says that Maliki won’t go away, no matter what. The next few days will prove to be interesting, to say the least. Since I have covered both possibilities here, it is unlikely that I will be wrong. One or the other will win out. I suspect we will know which within 2 weeks. [post 3 of 3]
6-26-2014 Newshound Guru Enorrste The Kurds are adamantly against Maliki but are desirous of participating in making a new government. I suspect that they will want the Presidency again, as they have had it for 8 years. Therefore, I conclude, surprisingly enough, that Maliki may actually be replaced and that a new government will be created with Mahdi as the Prime Minister and Barzani as President. I realize that this runs totally counter to what I have learned about Maliki. Therefore, I hold this caveat: Maliki may stand firm, even against what is apparently a strong attempt to remove him from within his own National Alliance. If he steps down, we could see some significant changes in Iraq, to our benefit. On the other hand, if he balks, which the media reports indicate is still a possibility, then there could be a stalemate created that could last for months. [post 2 of 3....stay tuned]
6-26-2014 Newshound Guru Enorrste ...none of us can confidently say what is happening, since the media stories conflict with themselves in many cases. However, we may have an inkling of knowing where this is heading. Maliki has promised to attend, stated he would step aside if a candidate who could defeat terrorism is named, and has promised Kerry that a new government would be formed on or before July 1 (he clearly can’t keep this promise). At the same time his National Alliance has clearly indicated that it will not accept Maliki for a third term, and that it wants to nominate Mahdi for the position of Prime Minister. Najafi has stated that he would accept this nomination. The National Alliance was also confident that their “new” nominee would be widely accepted. [post 1of 3....stay tuned]
6-26-2014 Intel/Newshound Guru American Contractor PM Nuri Maliki turned down the emergency government and will be going with the Unity government just like he told Secretary of State John Kerry. The Iraqi Parliament will convene on Tuesday, 1 July. The Iraqi Parliament has 30 days to name a new Iraq President and then the President has 15 days to name a new Prime Minister. This will go into August before this is all said and done.
6-26-2014 Intel Guru TD I asked my friend for clarification of recent comments by Turki and the CBI. He indicates that much seems to be lost in translation and that the Governor was simply trying to assure "existing business interests and nations" of the CBI's continued efforts to keep monetary policy as stable as possible under the political pressures. Much concern raised by these "existing business partners" was ISIS looting more money, funds, etc. Turki was trying to assure people of Iraq's vast wealth "held outside Iraq". [post 2 of 2]
6-26-2014 Intel Guru TD Today i had a intellectual exchange with my friend over in the sandbox and thought i'd share some info: Maliki emphatically states today that he will "follow the democratic process" and form a government. he "claims' his party has majority and will not heed the advice of the Obama doctrine : "be inclusive and play nicely with all the kids". Maliki now seems to think of himself as "the Commander in chief" of all shiite's. The only way Maliki will go is if his own party topples him or he loses support from Iran. [post 1 of 2....stay tuned]
6-25-2014 Newshound Guru Aggiedad77 Article: "Najafip sources: the reference would give its blessing nomination of Adel Abdul Mahdi" Religious sources in Najaf are reportedly saying that Mahdi would be a good thing as a nominee for PM...they seem to infer that he would be acceptable by all political blocs...well that is at least their opinion...I am sure that there will be several names dropped in the hat.
6-26-2014 Newshound Guru Millionday Article quote: "Wahab said Vice President Khodair al, that the presidency will be issued today or tomorrow Decree Republican to hold the first session of the new Council of Representatives." the first session of parliament is thursday or friday -- this week...so the first session is to place by vote the new government and that will be complete this week...that is huge news...the US made an agreement that they were to have the gov formed by july 1st for the US to help.
6-26-2014 Newshound Guru Adam Montana the situation in Iraq isn't one of peace and tranquility just yet, but I get the feeling things are coming to a head and it's not turning out that bad. Quite frankly, I feel that if things were to take a drastic turn for the worst we would be seeing it by now. ISIL is holding on and making waves still, but it's starting to look like they are stretching themselves thin and that's never a good thing for an attacking party.
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6-25-2014 Intel Guru DC I do believe we are beyond the point of interference from anyone. Even those trying to block or delay this are not having an impact. It is extremely positive for any time now. The RI could be available to the general public if the banks allow that, but the RV is following so closely behind and it will give us a slightly higher number, so they are waiting for that although the RI is being traded behind the scenes. The RI went through, and now Maliki has pushed it worldwide, so he is willing to wait on the RV until the political side is sorted out. The train has left the station, and I have a strong feeling it will be before the 4th. [post 2 of 2]
6-25-2014 Intel Guru DC [via Adept1] [NBC news says, “Iraq’s new government is ready and new PM has been selected. Maliki is preparing his exit speech.” What do you think about that?] It’s wonderful, but things can change until they are formal. I wouldn’t hold my breath on M retiring until everyone has voted on this. Maliki is extremely bright and we won’t count him out until it’s done. I think it’s 85% likely that Madhi gets it, but we have to see. ...you don’t have to have a PM in order to have an RV. [post 1 of 2....stay tuned]
6-25-2014 Intel Guru TNT Tony [...you don’t have to have a PM in order to have an RV.] It’s not a requirement, but a smart person would want to know who is in charge of this money. Do they shock the world by doing this first and announcing it afterwards? There should be an announcement on June 26th, which is tonight in Iraq. The RI went through, and now Maliki has pushed it worldwide, so he is willing to wait on the RV until the political side is sorted out. We are so close; we are in an active live window at this time. It could be in the next five minutes, any minute, next day or 3-4 days. [post 2 of 2]
6-25-2014 Intel Guru TNT Tony [via Adept1] They are still briefing people right now that is will be done before the 1st...and some think it will happen before the first, which I hope is the case. The banks are ready, they’ve brought in security and exchange people, refreshed information with everyone, and they have re-established their hours, ready for this to go right now. The only thing we haven’t seen is public announcement in Iraq, although they have said it is effective and have announced the RI. What we are waiting for has been processed around the globe, and it’s sitting in the banks waiting for the opportune time. The banks have the rates, they are just not dealing with the public yet because they want to do the RV and the GCR at the same time. [post 1 of 2....stay tuned]
6-25-2014 Newshound Guru Mountainman Another factor in Iraq's favor today is the Kurds... they are now the main group that is in the best position to help stableize Iraq and bring the country back to a position of stability... They are the most powerful group in Iraq today bar none.They are easily able to maintain security in their area... but...they are not going to until they are given legitimate power and positions in the Iraqi govt. We are half way through the year...don't look for the dinar to change this year... possible? In my opinion no. Next year very possible...watch for Iraq to develop a stable govt. then look for a change in the value of the dinar. [post 2 of 2]
6-25-2014 Newshound Guru Mountainman [Long time no see!] I see the current serious conflict going on in Iraq to be to our advantage for a multitude of reasons...the main thing is Malikai is going to be ousted either by his own govt or by ISIS...either way he is on his way out. The US is going to step in and step in hard against ISIS. The main point is the world is not going to tolerate this kind of action...So its obvious Iraq is in for another major change...and I believe after all they have suffered...the Iraqi govt is finally going to become an all inclusive govt sharing power equally between the three main religious parties....and this change could occur within a couple of weeks...As they have literally run out of time. [post 1 of 2....stay tuned]
6-25-2014 Intel Guru TerryK Article quote: "Sources within the National Alliance, on Tuesday, on the nomination of the leader of the Supreme Council, Adel Abdul-Mahdi as prime minister instead Maliki." [Wasn't he one of the former finance positions?] YES HE WAS. [do you think he can bring all three factions together or will the Kurds still feel left out?] YES I DO. THEY ARE TRYING TO GET BACK TO DOING BUSINESS AS THEY DID PRIOR TO THE WAR FROM A $$ STAND POINT. JUST GOT OFF THE PHONE WITH A COUPLE OF SOURCES THEY ARE STILL INSISTING THAT WE ARE IN A GREAT PLACE AND THAT THINGS ARE IN GREAT POSITION.
6-25-2014 Intel Guru Mnt Goat Will they still hold the session or will Maliki find a way to sidetrack it again? Something to be watchful for. He already go them to postpone the 6/24 session to 6/27. I still firmly believe that we will not see any revaluation of the IQD unless Iraq has a stable and functional government...This will bring us the final completion of the project to restructure the currency. This is what the CBI also wants and this is what will get us to the banks to exchange our dinar. [post 2 of 2]
6-25-2014 Intel Guru Mnt Goat ...today we stand on a new timeline once again. This could be all over within the next week. I will not give out a date but I believe we are very close looking at all the current news...this should be a pivotal week....we are in this critical stage and all time is critical now. I still whole heartedly expect Maliki to attempt to find a way to sabotage the process. Until it is over its not over. [post 1of 2....stay tuned]
6-25-2014 Newshound Guru Aggiedad77 Article: "Alkhozai: Presidency of the Republic issued a decree during the next two days to hold the first meeting of Parliament" This same man promised us three days ago that Parliament would meet then in "two days", now here it is Wednesday and he is still saying "two days,"...soon it will be July 1 and hopefully he will have gotten it right...and then the article closes with the July 1 date...
6-25-2014 Newshound Guru Adam Montana So…what do we take away from all that? The recent events in Iraq have definitely put a kibosh on anything "popping" in the next week or two, but the dust will settle and Iraq still has not suffered anything that has or will set them back significantly. In fact, despite the turbulence, the exchange rate has remained strong and that says a LOT about the future potential for them. I remain positive. [post 2 of 2]
6-25-2014 Newshound Guru Adam Montana You would think that with all this madness and chaos and "OMG the sky is falling!" going on over there, the currency would be plummeting back to the 4000:1 rate it was at a decade ago… but that's not the case. In fact, the stability was only in question for less than a week, when the dinar "wobbled". Turki/Central Bank states that despite the current events, the dinar is and will remain stable. Not only that, they have the ability to maintain any rate without a roof. (That says "float" to me!) (Yes, all this in spite of the "doom and gloom" the lame-stream media would have you believe!) [post 1 of 2....stay tuned]
6-25-2014 Intel/Newshound Guru Poppy3 MALIKI HASN'T RESIGNED, HE HASN'T TOLD KERRY HE RESIGNED, THE RV HASN'T HAPPENED BUT THE GOVERNOR OF THE CBI SAYS IT WILL MID YEAR 2014 AND WE ARE AT MID YEAR 2014, HE TOLD THE WORLD THIS AND ALSO ADDED THAT THE POLITICAL AND TERRORIST ACTS WOULD NOT DETAIN HIM . THE ISX PRESIDENT PROMISED TO OPEN THE NEW EXCHANGE, OPEN AND TRADING INTERNATIONALLY ON JULY 1. THESE TWO GUYS HAVE TOLD EVERYONE WHEN AND WHAT WILL HAPPEN AND THEY ARE THE FINAL SAY SO...UNTIL THEY SPEAK PUBLICALLY AGAIN ABOUT THIS SUBJECT THEN WE ARE ALL WAITING TO SEE WHAT THEIR ACTION IS.
6-25-2014 Newshound Guru Stryker Article quote: "Deputy President of the Republic Khodair al, on Wednesday, that the presidency will be issued during the next two days a decree calling for which the new parliament to hold its first session" THE VP OF IRAQ WILL FILE THE DECREE IN THE NEXT TWO DAYS FOR THE FIRST PARLIAMENT SESSION TO BE HELD...One of the most important steps to formation of a new government AS LONG AS the real leaders step up and get Maliki out.
6-25-2014 Intel Guru EXOGEN THIS IS ALMOST OVER!!
6-25-2014 Newshound Guru Millionday [did parliament meet today?] the first of july -- and the oldest member will be the pres of parliament...ALL LEADERS WILL BE VOTED IN AT ONE TIME --- ALL IN ONE VOTE...and remember that the US said they would only come if that was done so that has to be and is by agreement to adhere to the constitution. [do you think there will be a reality rate by July 1st?] i dont have a date for a reality rate but there are a lot of things that are to be done by july 1st -- this week is full of many things to be done...
6-25-2014 Newshoun Guru Tlar Meetings of the NA at Jaafari's house appears to have born fruit. It appears a nominee has been chosen unanimously from the NA. The nominee as it turns out is Mahdi who is a Shia and held the job of Vice President under Maliki. Mahdi was charged with terrorism by Maliki a few years ago when Maliki returned from Washington. Mahdi has no love for Maliki I'm sure. The articles state Mahdi was unanimously voted as an acceptable nominee by the NA which I take also includes the SOL...there exists now 2 different news sources saying the same thing. If true this means that they can now convene parliament and build a non-sectarian government.
6-25-2014 Newshound/Intel Guru BGG [I never have understood why Maliki seems so opposed to a revalue of the currency?] He's an Iranian proxy - has been a "weak Dinar policy" guy from day one. Should he manage (by some miracle) to stay - any RV you might see under him won't be the kind we have imagined...it will start much lower. JMHO. He is ruthless and that is one way to get Iraq off the hook for cheap... most of the 3 zero notes would be off the market within days. [with a new PM would you think we might see a higher exchange rate?] IMHO - yes. 6-24-32014 Newshound Guru wmawhite keep in mind that the Governor of the CBI stated that when the government is decided...NOT when they love each other, NOT when they get along or is stable...because those thing are all relative. Instead, he stated "when decided" we (impling the Board of Directors of the CBI) will move forward with the project. Furthermore,...IMO this tells me it does not matter who is running the show...the CBI just needs a functioning government.
6-24-2014 Intel/Newshound Guru Poppy3 WE WILL SEE NEWS TRAVELING FAST TODAY AND POSSIBILITIES OF THINGS MOVING FORWARD BUT THEY STILL HAVE MUCH TO DO AND A SHORT TIME TO GET THEM DONE. THIS WEEK WILL SHOW US JUST HOW FAST THEY CAN MOVE AND ACTUALLY FORCE ACTIVITY. TURKI & ISX NOW JUST HAVE 5 DAYS FOR MEETING THEIR DEADLINE TO MAKE THEIR MOVES. NOW WE KNOW THEY HAVE BEEN DELAYED SOME BUT THIS GOAL WAS SET BY THEM AND THEY DIDN'T TELL JUST YOU AND I THEY TOLD THE WORLD. QUESTION TO ASK IS WILL THEY MEET THEIR GOAL OR WILL THEY USE THE TERRORIST ATTACKS FOR A EXCUSE AND THEY HAVE ALREADY SAID THE ATTACKS AND POLITICS WILL NOT EFFECT THEIR COMPLETING FINANCIAL REFORM SO THEY HAVE PLACED A MONKEY ON THEIR BACKS ALL ALONE.
6-24-2014 Newshound Guru Tlar Some gurus out their still believe Maliki will get a third term. He will not and this situation can't be dragged on and on. We will quickly see a resolution to this in my opinion. The stakes are too high. Iraq risks civil war and all the players know it. Turki just needs to see a government of the people and know that the attacks against the reserves are over. When these two things occur we are there and he will pull the trigger.. The initial target date is July 1st but if it drags a few extra days, then it is possible that the RV will drag a few extra days. [post 2 of 2]
6-24-2014 Newshound Guru Tlar Everything looks to me like it is coming together probably as it should. There is no secret that Maliki has not resigned but rather is trying to engineer some way to have a puppet regime acting on his influence (orders) and in particular to put up a shield of protection around himself, all while trying to appear the stateman for Iraq. For there to be an RV on the first, somehow they must form a government this week. [post 1 of 2....stay tuned]
6-24-2014 Intel Guru Bluwolf [via Red, White & Blue] Today is a day of decision making with a no turning back, with a twist, for Iraq, Syria, Egypt, Libya, Israel, Arabia, England and the USA. This is a world- renowned mandate that has to be economically resolved immediately. Its importance is of a worldwide nature and the pressure to get it over is a done redundant [sic]. We are in a awesome position right now folks, blessed to be exact.
6-24-2014 Intel/Newshound Guru Poppy3 [What has M (Maliki) done today to disrupt Parliament being seated tomorrow (Tuesday)?] TRYING TO GET THE MEETING MOVED FROM BAGDAD TO ERBIL WHICH WOULD DELAY IT FURTHER BUT WE HAVE NOT HEARD IF IT WILL BE MOVED OR WILL HAPPEN IN BAGDAD AS PLANNED. [Word is Parliament meeting tomorrow is total rumor.] SORRY THE OFFICIAL WORD WAS THE MEETING WAS SCHEDULED FOR THE 24TH. THE RUMOR IS THAT IT WILL NOT HAPPEN THEN BECAUSE IT MAY BE MOVED TO ERBIL. TIME WILL TELL WITHIN 24 HOURS. REMEMBER THEY ARE NOW UNDER WORLD OBSERVATION TO GET THINGS DONE ASAP MORE THAN EVER IN HISTORY SINCE THE WAR WAS CONCLUDED. MAKING CITIZENS WAIT IS ONE THING BUT MAKING THE WORLD WAIT IS SOMETHING ALL TOGETHER DIFFERENT. TIME WILL TELL.
6-24-2014 Newshound Guru Kaperoni Article: "Massive withdrawals of depositors .. and fears collapse of the dinar amid the absence of a central!" There is a lot of blame to go around as to why Iraq is not in a market economy after 10-12 years of preparations. The bottom line is that until they do what is needed...stability, security, laws, etc..the CBI will continue to just do auctions and manage the dinar via a peg. There is no way to predict if Iraq can figure this out this year or if it will take several more. All we can do is wait and watch.
6-24-2014 Newshound Guru Chattels this political process is complicated and convoluted even if it proceeds constitutionally or " by the book ", add the notion of a " National Salvation Government " and whatever the USA and Iran have in mind and well, who knows! ...even according to the constitution...a 15 day extension is very possible and legal. none of the news articles are talking about a possible extension but it is there in the article of the constitution in black and white.
6-24-2014 Intel Guru Jester [will we see Maliki go soon?] IS POSSIBLE... THAT IS WHAT THEY WILL LIKE TO HAPPEN... THAT IS WHAT ALL THE MESS OVER THERE IS ABOUT RIGHT NOW... WE WILL HAVE TO WAIT AND SEE.
6-24-2014 Intel Guru Mnt Goat He has had 4 years already to work out a compromise and negotiate on this issue so why all of a sudden now on the eve of the first session of parliament does he propose such a deal? Article 140...will linger as long as it is used as a political bargaining ship...once Maliki is gone this article 140 issue will be clarified very quickly once and for all... So why accept any deal now? It will be one of the items in the “basket” of laws that will be published and moved forward very quickly along with the long awaited revaluation process. Good try Maliki! [post 2 of 2]
6-24-2014 Intel Guru Mnt Goat I...heard that Maliki had made a deal to implement Article 140 and that the Kurds agreed to it. This is great news however it is only a proposal put forth by Maliki. It means nothing unless the new session of parliament is held and they vote on it and accept it. I also want everyone to remember that the constitution of Iraq already provides for these disputed oil rich regions to go to the Kurdistan region. So why the necessity for any “deal” in the first place? [post 1 of 2....stay tuned]
6-24-2014 Newshound Guru Aggiedad77 Article: "Banks speed up shift to forex automation" And just why would big banks like Barclays and UBS be pushing for forex automation within Iraq...could it have anything at all to do with an upcoming major curtain call with the MR [Monetary Reform]?
6-24-2014 Newshound/Intel Guru BGG [I never have understood why Maliki seems so opposed to a revalue of the currency?] He's an Iranian proxy - has been a "weak Dinar policy" guy from day one. Should he manage (by some miracle) to stay - any RV you might see under him won't be the kind we have imagined...it will start much lower. JMHO. He is ruthless and that is one way to get Iraq off the hook for cheap... most of the 3 zero notes would be off the market within days. [with a new PM would you think we might see a higher exchange rate?] IMHO - yes.
6-24-2014 Newshound Guru Chattels Maliki is the current manifestation of what is fundamentally wrong in Iraq. Constitutionality, the rule of law, due process and fundamental fairness is necessary for all and not just the Kurds. The Kurds understand that which is why they couch every action on terms of the constitution.
6-24-2014 Newshound Guru Enorrste If Maliki is ousted next week...I will be the first one to eat crow. There is no way Maliki is leaving next week, or the week after, or the week after that. Time will tell. I have my seasonings ready if I have to eat crow, but I'd wager I won't have to. If/when parliament meets, Maliki will assert his right under the Constitution to form a new government. Then 30 days later, he will appeal to the same process he employed 4 years ago and got approval for from the Supreme Court. In other words, nothing will happen for at least another 45 days. 6-23-2014 Intel Guru TerryK SO WHERE ARE WE WITH THE SITTING OF THE GOV. HEARD IT WAS TO BE DONE THIS AM. ALSO HEARD THAT MALIKI MAYBE THE PM AS ARRANGED WITH USA AND IRAN BUT THEN HEARING THAT HE IS NOT. A LOT OF SMOKE IN THE DINAR WORLD. I AM THINKING THAT THIS IS OUR WEEK. SOURCE THIS AM IS REALLY EXCITED AGAIN BUT THEN SHE HAS BEEN EXCITED THE PAST TWO WEEKS. MY SOURCE TOLD ME THAT THIS AM IS THAT THEY WANT THIS DONE BY 7/1.
6-23-2014 Intel/Newshound Guru Poppy3 TODAY IS THE 23rd OF JUNE SO WE ARE NOW DOWN TO JUST 6 -7 DAYS BEFORE TURKI AND THE PRESIDENT OF THE NEW ISX ARE TO OPEN IRAQ UP TO WORLD TRADE. THEY TOLD THE WORLD WHAT THEY WOULD DO AND WHEN IT WAS GOING TO BE COMPLETE SO OUR DAYS THIS WEEK SHOULD BE VERY REVEALING OF ACTIONS TAKEN. I FEEL VERY SURE THEY WILL TRY AND KEEP ALL POSITIVE ACTIONS AND COMPLETIONS VERY QUIET AS POSSIBLE AND THAT OUR NEWS MEDIA WILL KEEP UP THEIR HIDDEN AGENDA OF PREACHING DESTRUCTION ON THE ENTIRE COUNTRY. THERE WILL BE MUCH NEGATIVE INFORMATION AS THIS PROGRESSES... JUST WATCH THEIR ACTIONS . IF YOU LISTEN TO THEM YOU WILL DEFINITELY BE DECEIVED.
6-23-2014 Intel Guru Frank26 Article quotes: "...at ten o'clock this evening will deliver a present to you Mr. Nuri al-Maliki and historically important speech to the Iraqi people great..." "...it is today because of political pressures and to maintain the unity of Iraq announced the resignation of this government, led by Ana Nouri al-Maliki..." Report just came in: 100%... Unequivocally...Totally...FALSE!
6-23-2014 Intel Guru TNT Tony & DC Back in November-December, we knew the US didn’t want this until the July 1st, we just didn’t think they would ever get it to that point. They have done everything they can to string it along. Why does the US want this to come out on the 1. July? There are anti-money laundering and banking regulations coming in, with tax implications and reporting, and those are coming in on 1. July. The rates have gone up, and the amount the US gets has gone up by hundreds of millions if they do it on the first. There is a strong chance that the rates may even go up again on July 1 as it goes from RI to RV; it looks very good for that right now. The RI has been released to the banks, and the clock is now ticking for that release. Our understanding is that you May get the option to get the RI rate before the 1st, but there will be restrictions and you cannot get the RV rate after that...Everything is looking good, so stay positive. [post 2 of 2]
6-23-2014 Intel Guru TNT Tony & DC [via Adept1] Thursday we had notification that the RI+RV was going to go through. We were waiting for Maliki’s public announcement. On Friday, the RI was completed. It finally went through. We were encouraged to give you this information. The RI, which had they had signed off on April 26th was finally processed on Friday around the world. Everyone accepted it including the US, they accepted that rate, so the RI is sitting there and waiting to be brought to the public. It was sitting there on Saturday, and on Sunday, then we got word we would see it on Monday or Tuesday. Maliki is supposed to make an announcement today, and we’ll expect that every day until he makes it. [post 1 of 2....stay tuned]
6-23-2014 Newshound Guru Kaperoni I will add, Maliki's poor management of the country is a clear example of how he has weakened the banking and monetary policy. The CBI has been in essence "treading water" waiting for the rest of the country to get together so they could take the next step and do what I said above. But Maliki has failed miserably in uniting the country and reducing violence. The end result was the last four years were wasted and we are almost back to 2007-2008 conditions. What needs to happen now is Maliki needs to go, a unified government needs to be installed and the country needs to stabilize, strengthen and remove the terrorism..and in short order. The CBI is waiting. [post 2 of 2]
6-23-2014 Newshound Guru Kaperoni Article: "Massive withdrawals of depositors .. and fears collapse of the dinar amid the absence of a central!" it is clear that the problem is a lack of confidence from the citizens. But the CBI is not helping matters as they say. Despite Turki's statement the other day (plenty of reserves), he is not providing enough foreign currency to curb this problem..and the result is even less confidence. If the dinar continues to drop in coming days (auctions) its only going to take them even further out of compliance with the IMF and delay any chance of monetary reform this year. Until they get the country under control politically and reduce the violence that is not going to happen. [post 1 of 2....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 [I was wondering what your thoughts are about the ISX/OMX that is expected to launch on July 1st.? Do you think it will launch as planned (June 28, 2013 OMX Platform stated "The upgrade is expected to be rolled out by mid-year 2014")? And do you agree that we need an international currency in order to do that?] THEY STILL HAVE SAID ZIP DIFFERENT FROM WHEN THEY SAID, YES IT WILL OPEN ON JULY 1 AND BOTH THE PRESIDENT OF THE ISX AND THE CBI HAVE SAID SEVERAL TIMES THAT YES THEY WILL OPEN AND WILL HAVE A INTERNATIONALLY RECOGNIZED CURRENCY. IF THAT HAS CHANGED THEY HAVE NOT MENTIONED IT ANYWHERE THAT I HAVE SEEN. THEY HAVE ALSO SAID THAT THE MILITARY ISSUES WILL HAVE ZERO EFFECT ON THEIR PLANS FOR FINANCIAL REFORM.
6-23-2014 Newshound/Intel Guru BGG [with the seating of parliament on Tuesday does that look like a good day for maliki to leave one way or the other?] Maliki is fought the seating of Parliament tooth and nail...once they are seated - it is a very short walk to the end for him. Once Maliki is gone - things will get much easier. [With the conflict on going and M being "forced" out is ISX, July 1 upgrade on track? And if so, Do you think it forces CBI to RV prior to July 1?] My comment will be - the financial side of things sure feels like it is on it's own timeline entirely... particularly in light of Turki's recent comments about the potential value of the Dinar. [Can our liquidity event happen with M in place?] not impossible - however, at this point - I would at least think the IMF/WB would want to be certain he is a non-factor.
6-23-2014 Newshound Guru Aggiedad77 Article: "U.S. official: Kerry will discuss the potential for tripping over Iraq's oil supplies" Oh this should give everyone in Iraq a warm fuzzy feeling...Sec of State Kerry is allegedly going to show up in Iraq...now of all times...now after so much damage has been done...let's pay a little attention to a country we once tried to save from the very menace they face today...a menace that someone uttered "were on the run" not so long ago...I'm sure that there will be a warm welcome for him...it is kind of funny...this talk of oil disruption is not even remotely close to being a reality...nothing in the way of exports to the north or the south have been threatened.
6-23-2014 Intel Guru Mnt Goat ...the violence now going on in Iraq threatens to destabilize the entire country and to stretch beyond the Iraqi border. This violence is intentional by the Maliki government and will not end as long as Maliki remains prime minister during this time of provisional government. Yes - this violence is a bit exaggerated on the USA news channels but I assure you it is real and will have lasting effects if not stopped. The only real hope for the Iraq is for the “good guys” to aggressively push forward and get the new government seated as quickly as possible.
6-23-2014 Newshound Guru Tlar Maliki will only leave the way all dictators leave. In a box or under arrest. This guy is getting nuttier by the day. ...Hakim has already stopped him from arresting Chalabi for terrorism charges. So you will most likely see confusion to as not present or focus on any particular guy until he is nominated on Tuesday. Until then I don't think any position will officially be announced publicly but it is interesting that Chalabi is meeting with everyone but not on the list. ...the results were ratified last Monday by the federal courts 354 out of 358 mps.
6-23-2014 Newshound/Intel Guru BGG I will leave everyone with some thoughts... though there is turmoil...considerable uncertainty...I am optimistic about Iraq's chances now. Maliki has captured the world's attention...and not in a good way...which in the short term - should be good for us (and them). The truth is coming out everyday and this is good. [post 2 of 2]
6-23-2014 Newshound/Intel Guru BGG FOX ran a report phrased like 'John Kerry headed to the Middle East to urge Maliki to "guarantee his gov't will be more inclusive" in the future'... My take on the Kerry "narrative" was to at least look on the surface as though the US wasn't there to "directly effect" (as per the POTUS) the choosing of the Iraqi leadership...to "urge" Maliki to be "inclusive"...however, I am POSITIVE we are there to "help with the choice" and it won't be Maliki. I doubt he lasts much longer...this "gambit" of his with ISIS and allowing them entry hurt both the Iraqi ARMY and his own chances. I believe it greatly hastened his coming demise. [post 1 of 2....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 THEN WE HAVE HAD MANY OTHERS TO SAY THE SAME TIME TABLE FOR OTHER ACTIVITY TO TAKE PLACE AND THAT INCLUDES THE MINISTER OF FINANCE COMMITTEE AND THE NEW ISX PRESIDENT THAT STATES THEY WILL OPEN THE NEW ISX AND WILL BE TRADING INTERNATIONALLY ON JULY 1. I THINK WE ARE IN AN AWESOME WEEK COMING UP THAT EVEN IF IT DOESN'T BRING FORTH THE RV IT WILL REVEAL EVEN MORE...ACCURATE TIMING OF WHEN WE WILL SEE MALIKI GONE, GOI SET, AND ALL REQUIRED FOR OUR RV AND MAY EVEN SEE AND HEAR THE RATE. [post 3 of 3]
6-23-2014 Intel/Newshound Guru Poppy3 NOW...I AM BEING ASKED HOW MUCH LONGER AND I CAN ONLY SAY THE FOLLOWING...FIRST THE GOVERNOR OF THE CBI, MR. TURKI, HAS STATED BEGINNING LAST YEAR THAT MID 2014 WE WILL HAVE A NEW VALUED CURRENCY AND COMPLETE FINANCIAL REFORM! THEN HE HAS STATED THE SAME THING AT LEAST 3 TIMES SINCE THEN BEGINNING IN JAN 2014 WHERE HE ACTUALLY SAID JUNE FOR A TRADEABLE CURRENCY. HE HAS ALSO STATED NOMINAL VALUED CURRENCY. I CAN'T GIVE YOU ANYTHING THAT SOUNDS BETTER THAN WHAT THE MAN THAT IS CHARGED WITH MAKING THE CHANGE HAS SAID AND HE HAS NEVER...SAID ANYTHING ANY DIFFERENT THAN THIS. [post 2 of 3....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 SEVERAL THINGS THAT NEED TO HAPPEN BUT MOST ALL OF THESE ARE ALL CONNECTED AND WILL HAPPEN ALMOST SIMULTANEOUSLY. FIRST THE NEW GOI SET AND SHOULD HAPPEN EARLY THIS WEEK. DOESN'T HAVE TO BE SET FOR THE RV BUT WE THINK THE CBI AND WORLD BANK HAVE COME THIS FAR THEY WILL MAKE THAT A PRIORITY. NEXT ARTICLE 140 AND THE HCL HAVE BEEN READY FOR IMPLEMENTATION FOR MONTHS NOW. I TRULY EXPECT TO SEE THE VALUE CHANGE ONE DAY AND THESE TWO LAWS TO BE IMPLEMENTED WITHIN A COUPLE DAYS POST RV. NEXT THE RV IS ANNOUNCED THEN WE NEED TO HEAR THAT THE DINAR IS A RECOGNIZED TRADEABLE CURRENCY AND THAT WILL BE SET TO GO PRIOR TO THE ANNOUNCEMENT. [post 1 of 3....stay tuned]
6-23-2014 Newshound Guru Aggiedad77 Article: "Specialists: the presidency will call the new parliament to work during the next two days" Will we see Parliament getting together for a session in the next two days? So says the voice of the President...through his Vice President Khodair...originally the initial meeting was to be held June 30, but in staying with legal precedent the meeting will now be convened much sooner...we shall see what happens.
6-22-2014 Intel Guru SteveI All looks very good ahead. Here some some things to watch for: The naming of the President of the new parliament. Immediately after that, the official naming of the new Prime Minister (FYI, it will not be Maliki under any condition). The passing of the budget. The closing of the borders (this may or may not happen as this all will go down very fast). Many are sill predicting Maliki will remain in power, but I will stick to my post from last Tuesday. Each and every day gets more exciting. This very well could be a great upcoming holiday. [reference SteveI post 6-20-2014]
6-22-2014 Newshound Guru Enorrste It has always been my view that Maliki is shrewd, not dumb. He does things because he himself benefits in some way...his placement of Turki in the CBI slot was for a reason that has benefited him. We have never heard him say that the plan was not going to happen (raising the value of the dinar). Never. But we have heard Turki endorse the plan generally. So, on god's green earth I see that Maliki will slowly evolve, to his own benefit, and allow Turki to move to Article VIII and the dinar to float. [post 2 of 2]
6-22-2014 Newshound Guru Enorrste ...it has been my view that Maliki was holding off on allowing the float for political reasons. A weak dinar policy meant that his opponents would not reap the benefit of a rising dinar, assuming they were holders. My statement Maliki will allow the float is consistent with his own statements and those of Turki. Turki said just a few days ago that the dinar would enter the world stage late this year or early next year. He would not say that without Maliki's approval. Maliki also has stated that he wants the country to prosper and enter the world market. The fact that he has not done much thus far to make that happen doesn't mean that it won't happen. He actually has a great incentive to allow the float, once he is re-established with a third term. He will become the ultimate hero. [post 1 of 2....stay tuned]
6-22-2014 Intel Guru Frank26 I am seeing three articles my TEAMS have already talked to me about. I have to admit ....We did NOT expect to see them today. The speed of many directions in Baghdad is being amplified. IMO...It is impressing the proper entities of MR Powers. What we are seeing today is not an optical illusions of chronic lies from Iraq. Today is impressive.
6-22-2014 Newshound/Intel Guru BGG [Can 140 be implemented without an RV?] More than likely - yes. [do you believe...will we have rv by July1?] I cannot (in good conscience) say no...we cannot discount anything, at this point...but I cannot (in good conscience) say "proof positive" YES either...my instinct is that July 1 might be a tiny bit early based on the current scenario...but if I am right and Maliki is gone soon - anything can happen.
6-22-2014 Newshound Guru Aggiedad77 Article: "PM Barzani: Maliki should step down" Barzani is talking sense, something that Maliki doesn't seem to want to listen to...step down now...allow the country to pull itself back together...there has been 8 years of continuous turmoil and with no end in sight...enough is enough...Barzani talks of a political solution, not a military one...but agrees with the US troop involvement as a "good step"...Maliki needs to pay attention to the music...are they playing a dirge...for an exit?
6-22-2014 Newshound Guru Tlar Somebody asked question...if I still think July 1st date is good. Quite simply, yes. What is important to watch for is steps: Step one. New government is formed next week. Step two. World governments immediately recognize new government in Iraq as legitimate government. Step three. Maliki leaves country or is arrested or is assassinated. Sunnis will join forces with kurds and Shia to expel ISIS. Step four: Turki will pull trigger the minute there is a new government and Maliki has been dealt with. These are the steps. Us will offer new government all military support the minute they announce a new PM which means new government. These steps must happen by next week for Turki to have the confidence to play his part. He is just waiting as we are.
6-22-2014 Newshound Guru Chattels [Is Maliki up to his final nail yet? Or is he still hanging in there?] NO RESIGNATION BY MALIKI OR NEW GOVERNMENT AS YET.
6-22-2014 Intel Guru Jester [Jester some gurus have said it will be a float-come out low and go up, others say there will be a sucker rate first and then it will go up and others say get cashed out fast because it will go down or lop.] I DO NOT THINK THEY WILL FLOAT... WHEN THIS MESS IN IRAQ IS FIXED... WELL... IT IS A SHOW BUT ONCE IT CONCLUDES LET'S SAY... THEN THE IRAQI'S SHOULD HAVE A NEW GOVERNMENT AND THE WORLD WILL DROP IN AND OFFER THE NEW GUYS ALL THE HELP THEY WILL LIKE... AND THEN I THINK THINGS WILL MOVE RIGHT ALONG.
6-22-2014 Intel/Newshound Guru Poppy3 I THINK IT WILL HAPPEN WITHIN THE NEXT 8 DAYS ACCORDING TO WHAT TURKI AND SEVERAL OTHERS HAVE SAID NOT PUBLIC USA SOURCES BUT THEY BELIEVE IT ALSO.
6-22-2014 Newshound/Intel Guru BGG Iranian source: "Maliki agrees to the immediate application of Article 140 which included all areas of the Kurdish region." "the Iranians have handed over a letter signed by Nuri Maliki Prime Minister to the Presidency of the Kurdistan Region of Iraq similar to the terms of agreement..." "in detail included the message,according to the same source approval Maliki and all parties that fall under the coalition political immediate application of Article 140of the constitution and the annexation of Kirkuk and other disputed territories, without exception, to the Kurdistan Region" Ultimately - this boils down to Iran having handed this letter over to the Kurds. Maliki will try to weasel out later. Iran wants more Kurdish military involvement - some Kurdish parties are not good with this. In exchange for help with ISIS the Kurds get what they have been promised all along. Good luck Maliki.
6-22-14 Intel Guru EXOGEN DIRECT INTEL Maliki gone bye bye...confirmed! Yes! Confirmed Awesome! Turki CBI not Maliki...now the US can do their job...praying hard! Yes! RED suit coming. Leaving presents.
6-22-2014 Intel Guru Frank26 [via FlPatriot59] This is what we believe happened. ..yesterday Turki came out and said what he said about raising the value of the currency. The timing of him coming out and saying this is very interesting. That meeting was with Gulf countries listening to Turki about monetary policy. He said the 70B on reserve they have has been tripled and could triple again. They're sitting on mountains of gold and abundant oil. And he said there's no ceiling. The only thing left is the HCL (HydroCarbon Law) and that will done on July 1. A deal has been made for Article 140. It was brokered by Iran. The fact that it's done is almost miraculous.
6-22-2014 Newshound Guru Chattels [regardless of what did or didn't happen in 2010, from what i understand the constitution doesn't mandate every member of parliament attend the first session of parliament. Only requirement is that there is an absolute majority, which would be 165 of the 328 members.] you may be correct. [could certainly drag things out.] that is my concern in that the Iraqi constitution may be unclear on this procedural issue and, well, we have all seen how the matters are protracted over time...we have no control over anything in all of this except our own expectations.
6-22-2014 Intel Guru Delta [via FlPatriot59] Turki is the Gov of the CBI. But the Board of Directors of the CBI determines the rates. "Any change in the rate will be supported with no ceiling." He (Turki) can choose any number. This is going to be a very important week coming up. We expect a very important announcement from the CBI soon.
Read more: http://www.dinarguru.com/#ixzz362MJXLCV
6-21-2014 Newshound Guru Chattels ARTICLE 140 IS A STAGED PROCESS AND NOT AN EVENT, IMO...unless there has been a referendum then Article 140 cannot be " done ". It’s not enough to control Kirkuk; there is a very particular sequence of events that needs to happen. The KRG must carry out a proper census, then hold a referendum in the territories to determine whether they want to join the Kurdistan Region. Kirkuk is a multi-ethnic city, and without a fair referendum, whatever remains of the Iraqi state would never accept the loss of the oil-rich area...a proper census must precede a referendum.
6-21-2014 Newshound Guru Kaperoni Article: "Iraq Ayatollah calls for new parliament to start work without delay" Chalabi will not be PM. Maliki should leave, but he holds a lot of power..controlling police, military, etc..going to be tough to remove him.
6-21-2014 Newshound Guru Aggiedad77 This is HUGE news...a major piece of the puzzle falling into place...but what is happening...Maliki is attempting to save and resurrect his own butt...He is playing cards that no one thought he had...however IN FRANK'S OPINION...the avalanche against M is far too great...the deck he is playing with has no longer been dealt in M's favor...change should be coming. After all, what else is left to fall into place? [post 2 of 2]
6-21-2014 Newshound Guru Aggiedad77 JUST GOT OFF THE PHONE WITH FRANK [GURU FRANK26]...please understand this is COMPLETELY DIFFERENT than the Article 140 that was being talked about over the last couple of days...this is far more ENCOMPASSING! This Article 140 includes the disputed territories including Kirkuk...this is BIG...but even bigger this includes OIL that has been disputed by the Kurds for like forever...this is really BIG...Giving the Kurds the green light to produce and export their own oil for a period of 5 years...in that time they get to enjoy the amounts of the export as well...tremendous...but then...THEN...they will be granted 30% of the Iraqi budget after the 5 years. [post 1 of 2....stay tuned] [See the "Possible to do list" in the Dinar Guru resource bar on the left..Items 2 & 6]
6-21-2014 Intel Guru TNT Tony You are having a great weekend and it will get better. Things are slow but steady. Keep your dinar close. You will need it very very soon. All good news.
6-21-2014 Intel Guru Frank26 Chalabi Was simply nominated. Three others were nominated today as well. IMO, There will be more nominations. Why? Because there is less and less fear of M [Maliki]. As for C [Chalabi] Yes he is a front runner and more than likely the eventual PM for Baghdad. Time will tell. I just Love the fact that the Parliament/GOI is forming...So does the CBI/IMF. IMO, M was the REASON for ISIS. But who cares about politics...Pray that The CBI TALKS again tomorrow or Monday! IMO, IR can come out anytime the conditions are congruent with the CBI goals. I see continual progress because I do not seek a date.
6-21-2014 Newshound Guru Bondlady Iraq doesn't like to be told or given ultimatums about their country by the USA or any other country...such as the USA calling for Maliki to step down to end the civil discord. I don't know much about this new guy Chalabi...experience is a lot here...I hope he can compete with Maliki. Iraq does need new blood but they need strong blood and good morals like Hakim and Talabani either of those would have been great for PM but neither want that headache either. so really no one knows who will be the PM yet or if Maliki will actually get a 3rd term.
6-21-2014 Newshound Guru Kaperoni Article: "Sunni politics and the current situation in Iraq" Interview with Kirk Sowell on the esculation of violence ISIS terrorism: Maliki must go. He is marginalizing the Sunni's in everyway. Even his new "reserve army" is mainly Shia which will create further sectarian tensions...this violence could last for years. Not what we want to hear. Let's hope not..and the new government is formed soon will unite everyone. Though Maliki states they are fighting terrorists (ISIS), these groups are also include many Sunnis. So it is not so black and white as Maliki wants everyone to think. This is why the US cannot just step in. [Kirk H. Sowell is an independent consultant based in the Washington, D.C. area. An attorney and specialist in the Middle East...]
6-21-2014 Newshound Guru Enorrste I believe that once the new government is formed, assuming he is at the head of it, that he will finally allow the dinar to float. We got a "hint" that this may be his intention from the statement of Turki yesterday. Turki won't open his mouth unless he is told to do so. He opened his mouth. I believe he [Maliki] relishes power over anything else, I think that Maliki will want to go down in history as well. It will ultimately be in his own best interest to allow the dinar to float. You can count on that. Maliki will survive this, form a government, and rule. Ultimately, he will win. Of course I could be wrong. [post 2 of 2]
6-21-2014 Newshound Guru Enorrste Article: "U.S. pressure on Obama to persuade al-Maliki to step down" ...comments about the "imminent" demise of Maliki are actually kind of funny. I...can recall a very similar situation 4 years ago when Maliki had only 90 votes in the SOL. He dithered around for over a year, not going anywhere, until he finally patched together the NA and held on to his position. What makes anyone...think that it will be any different this time? This is just another blip in the road for this man. He has the position and the power. Don't bet the farm on an early demise for Maliki. On news tonight, there are talks between Iraq and Russia over this matter. Maliki "rejected" Washington and now Putin is offering Maliki support. I believe that what many fail to realize is that his power is really quite extensive at this time. [post 1 of 2....stay tuned]
6-21-2014 Intel Guru Jester INFORMATION IS STARTING TO REALLY LINE UP ABOUT...CONCERNING THE SITUATION IN IRAQ... THE NEWS IS FINALLY LOOKING LIKE WE WERE ON TARGET... I STILL BELIEVE IT IS A HUGE OPERATION DIRECTED BY THE BAD GUYS...SOME THREE LETTER BAD GUYS COME TO MIND... AND THAT THEY HAD IT ALL STAGED FOR SHOW. [so everything (except Iraq) is still positive?] EVEN THAT IS POSITIVE TO A DEGREE... WHEN YOU SEE THROUGH THE DECEPTION AND REALIZE IT IS JUST A LAST DITCH EFFORT AT DISTRACTION... AND THAT ONCE AGAIN THE WORLD IS WISE TO IT...THEN YOU REALIZE THAT THINGS ARE MOVING THE RIGHT DIRECTION...
6-21-2014 Newshound Guru Tlar In a democracy or parliamentary system, a person who loses mostly just takes a bow and congratulates his opponents. This guy tried to not only to rig this election but he still thinks he won. In other words he won't leave. He is still trying to make decisions that aren't his to make...This guy could make this a very messy change and might actually cause Iraq to descend into a worsening situation if he is not removed very soon. That's why the push to make him resign or run, and quite frankly he still may have to be removed physically by force but that could get very messy. [post 2 of 2]
6-21-2014 Newshound Guru Tlar Maliki won't admit he is out and is continually trying to beat the system by making moves. He is trying to create disharmony among the sects. He is still attempting to create a new government with him at the helm. He is still trying to stop the election process. I am quite sure he will try to disrupt the first parliamentary meeting maybe declaring them all traitors and terrorists. That's a real fear and I believe troops sitting in Kuwait will be sent in to protect the new government before Tuesday to thwart that potential. [post 1 of 2....stay tuned] 6-20-2014 Newshound Guru wmawhite Here is a translation of a very recent comment the Governor of the CBI made: .. as per my friend who's native language is Arabic: This video is saying that the Governor of the CBI Mr Turki is expressing his regret that the financial currency politics of Iraq has to deal with the current situation in Iraq. However he is assuring that the CBI has the capability of supporting the currency exchange of the Iraqi dinar to the most extent without a bar limit, and that the central bank reserve is very safe at banks outside iraq. He also noted that the reserve of the hard currency exceeds 70 billion dollars and the gold reserve is almost triple as of last year.
6-20-2014 Intel Guru DC It is our belief that we are wrapping up this roller coaster right now, and the sovereign country of Iraq is setting up it’s revaluation. We don’t know the timeline on that; the bottom line is that there is a LOT of movement, circles within circles, and the process is competed at the CBI and it’s now sitting at the BIS.
6-20-2014 Newshound Guru Frank26 [via Kelly 123] a list of things that are suppose to happen on July 1st. 1. ISX /OMX international 2. new fiscal quarter 3. "mid-year" like CBI has stated 4. "June of 2014" as CBI stated last year 5. 15 days are up since the ratification of election results on July 1st per constitution. I think we need to see an IR ( International Rate) before July 1st. IMHO!!
6-20-2014 Intel Guru TNT Tony The paperwork was approved and accepted; that’s done. They have set a time to do it, and that has not been done yet. They said it would be today, and they still have time to do it today. Until it’s actually announced, something still could happen because it always does. They submitted everything to all countries, and it’s going through whether the US wants it or not...The US will still have to participate sooner or later because this is a global event. their timeline, announcements and celebrations are scheduled, and that is what we are waiting for. Up and down as it was last night, it still hasn’t happened. However, the banks are preparing for it, and people are being put in position. We are in a super-fantastic position, and the whole world is on standby now, waiting to see if this will happen. Worst case scenario? Best thing is that it could happen in the next 15 minutes. Worst case it will be 1. July.
6-20-14 Newshound/Intel Guru Arthur [via Poppy3] The Iraqi constitutional process is that they have 15 days after the new Parliament is ratified (June 15th) to start the new Parliament session. But we now know they upped that to the 24th instead of July 1st. So on the 24th they will vote in whoever the new speaker is if isn't Najafi which I don't think it will be because he smells of the last Parliaments failures. That person will get 2 deputies voted in at that time with him. Then they will elect a President. That President will then turn to the largest Bloc which will be the new National Coalition and they will pick their candidate for PM who will then pick his Council of Ministers. All this is coordinated to happen very quickly and all we need is for the process to get started in earnest.
6-20-2014 Newshound Guru wmawhite Just an opinion concerning the revaluation of the IQD...the Prime Minister will NOT announce a change in the value of the IQD. Instead, it will be the Central Bank of Iraq. It is a financial event...NOT a political event. There is a difference.
6-20-2014 Intel Guru Frank26 He then went on to apologize that the CBI is doing the MP under this " situation" in Iraq. Fascinating to see the Governor of the CBI apologize for the GOI. T [Turki] bragged that the 70 billion they had for currency reserves has now TRIPLED!!! Said We can SUPPORT ANY RATE THE CBI wants...We can cover it. Said we have NO ceiling. T said there was no security nor enough stability with the GOI last summer so he said he would raise the value of the IQD in the middle of 2014. IOO (In Our Opinion) The end of June is the middle of 2014 or July 1st 2014. [post 3 of 3]
6-20-2014 Intel Guru Frank26 When DELTA called me He was at the point of hyperventilation, LOL, well suffice it to say he was very happy! Told me he listened 7 times to the interview in Arabic and it just got better ever time. DELTA told me it was T's demeanor that motivated him! Every response was with a sharp confidences and knowledge. T said : We, the CBI, Are NOT affected in any way what so ever to the issues in Iraq. The GOI, The terrorist, The disarray of our country has NOTHING to do with THE PLAN. Yes, He said WE HAVE A PLAN! A plan for our Monetary Policy and we are moving forward with it to make our currency more effective. The "situation" in Iraq is not going to stop our plan. [post 2 of 3....stay tuned]
6-20-2014 Intel Guru Frank26 A so called war in Iraq has caused many to Give up HOPE. But within this chaos a new species of flower has been found by DELTA last night. I will call it ...CBIanthious. The governor of THE CBI (Turki) was interviewed yesterday during a press conference with Gulf Countries! CNBC AL ARABIA TV channel ( like our NBC) talked to T [Turki] about the meeting. It was all over Iraq yesterday...FOR THE CITIZENS IMO. Timing at work. [post 1 of 3....stay tuned]
6-20-2014 Intel Guru Mnt Goat In order to go international with their Iraq stock exchange (ISX) on 7/1 they need an internationally traded currency. So by 7/1, when the Iraqi Stock Exchange is scheduled to go live internationally the question I put forward to us is this. Can they meet all their requirements of having a stable government so the USA will pull the trigger on the RV thus they can have an international currency in time for the ISX rollout? I got a call...from my Iraqi contact that told me that a high level meeting was held in Kurdistan today. A decision was made to hold the first parliament on the 24th instead of the 30th! It tells me they are concerned and need to push this new government along. This also shows me they need to have the new prime minister seated as soon as possible. [post 2 of 2]
6-20-2014 Intel Guru Mnt Goat in my opinion the USA is now beginning to do something about this Maliki situation. There are now over 4.000 US marines landed in Iraq... Do you think in the future these same troops could be made available to overthrow the Maliki government? The plans are now being made for this purpose. We all should now be watchful of the new prime minister being seated. This will be happening very soon. This will be the spark that will set off a wildfire of activity in Iraq...This will be the final straw for Maliki as he will try one last very desperate attempt to oust the new prime minister and sabotage the efforts to establish the new Iraq government. He will not be successful. [post 1 of 2....stay tuned]
6-20-2014 Intel Guru SteveI I would like to dedicate this post to Nouri al-Maliki saying "Farwell and Good Bye"! Based on many articles I will stick my neck out there and predict Ahmed Chalabi as the next Prime Minister of Iraq! I will also predict that something huge will happen to our investment before the end of this month.
6-20-2014 Intel Guru Frank26 I just get got off the phone from talking with DELTA. He is Ballistic! What DELTA found is Turki saying some Powerful Supportive statements of the MR (Monetary Reform)! Basically That NOTHING will stop their PLAN!!!
6-20-2014 Newshound Guru Tlar The drumbeat is getting louder and coming from all directions. The "heat" is being turned up by the hour. Everybody but Maliki himself is saying he has got to go. Countries in the area including Iran, the US, the European Union, the UN and the people inside his party and citizens in his own country, all chanting no more Maliki. This is a well coordinated movement to remove him. This is Friday and we will see if by Tuesday he tries to do something very stupid or he finally gets the message.
6-20-2014 Intel Guru Bluwolf Rates still looking good and banks have been alerted.
6-20-2014 Intel Guru MarkZ So much has happened this week, we are at a boiling point in a good way. Blessings are coming...
6-20-2014 Intel/Newshound Guru Poppy3 THERE IS A HARD PUSH BEING MADE TO COMPLETE EVERYTHING BEFORE JULY 1. ...THEY WANT THE NEW GOI AND THE NEW RATE ON THE CURRENCY THIS MONTH NOT NEXT. NOW LETS JUST HOPE THEY CAN MOVE EVERYTHING UP AS THEY APPEAR TO BE TRYING TO DO. STAND BY FOR MORE GOOD NEWS IN THE COMING HOURS.
6-20-2014 Intel Guru Delta CNBC AL-ARABIA CHANNEL INTERVIEW WITH TURKI FROM MANAMA BAHRAIN: "NO WORRIES FOR THE IRAQI DINAR, WE ARE PLANING TO MAKE THE MONTEREY POLICY MORE EFFECTIVE, WE HAVE THE PLAN FOR THAT, WE REGRET THAT THE CBI WILL TAKE MONTERY DECISION IN DIFICULT SITUATION. AND WE WILL SUPPORT ANY EXCHANGE RATE THAT THE CBI SELECT WITH NO PROBLEM." SO BASE ON THIS INFORMATION, IT LOOKS LIKE THE CBI WILL MAKE THERE MOVE NO MATTER WHAT...THIS IS HUGE. 6-19-2014 Intel Guru Hub dont know if this means anything, but a very good friend that works for a BIG oil company that has people in Kurdistan says he sees nothing but oil pumping and a lot of people making a lot of money...his guy is saying there is no civil problems, they are pumping oil and all is happy...and this is in Kurdistan.
6-19-2014 Intel/Newshound Guru Poppy3 NEWS THIS WEEK ALL STANDS OUT TO ME THAT WE ARE CLOSING IN FAST ON MALIKI BEING GONE FOR GOOD...HE IS NOW THE MAIN TARGET OF EVERYONE INCLUDING THE VERY PEOPLE HE CALLED ON TO DISRUPT AND KILL MANY OF HIS COUNTRYMEN JUST TO PROLONG HIS REMAINING IN POWER. THE USA, AND ALL UNITED NATIONS GROUPS ARE ALL PUSHING FOR HIS REMOVAL AT THE SAME TIME. WE ARE IN GREAT SHAPE AND THE RV IS IN OUR NEAR FUTURE I AM CERTAIN OF IT...WE WILL ALL BE CELBRATING SOON.
6-19-2014 Newshound Guru wmawhite ...amazed that how this is playing out in front of us and the mass media is totally in the dark about everything happening in Iraq...enjoy what the CBI is telling us and what they are doing. I truly believe this is about to happen during the middle of 2014. That may be at any time. We know this because the Governor of the CBI has told us this.
6-18-2014 Newshound Guru Adam Montana [IF it comes to past (?), do you think it might be a possibility to trade in, what we have now, for what might be Kurdish dinar?] Yes indeed! I do not under any circumstances think that the currency we hold will suddenly become "worthless". If the currency is changed, there will be a period of time to exchange it.
5-19-2014 Intel Guru TNT Tony Congrats Iraq- We understand you completed all the docs and processes required for the RV. Looking forward to the growth and success of your country!
6-19-2014 Intel Guru Frank26 "Mosul gave us many things, one is oil prices to go up just pre RV...Needs to reach 110 to 120." Well alright alright then.
6-19-2014 Newshound Guru Tlar The Sunni rebellion is the same. In Mosul a Sunni city supposedly held by the the insurgents...People are coming and going crossing two check points. No shots being fired. No fighting. Life has pretty much returned to normal for Mosul. This my friends is a CIA operation pure and simple the purpose of which is to remove Malki under the guise that terrorists are over running the country. The net result, the map of Iraq has been redrawn. Things that would have never been done through negotiation with Maliki's government are now corrected. As far as I have been told, it is imperative that once the government has been announced we will see two things. The first is world support for the new government in fighting terrorism. The second is an RV. For some reason it seems to be extremely important to those in control that Turki pull the trigger on or a little before July 1st. [post 4 of 4]
6-19-2014 Newshound Guru Tlar So what's really going on? The Kurds have recaptured what was the Kurdish territory...Maliki has occupied this Kurdish city since the beginning of his reign with the Iraqi army...This is the major city in the disputed territories rich in oil and is the fundamental reason for the fight over the disputed territories (article 140). The Iraqi army that was stationed in Kurkut that was there to "defend it", just dropped there weapons a fled. The big question is, who ordered the Iraqi army that was there to defend Kurkuk to lay down there weapons a leave? Simple answer. It was the CIA. Today the issue of article 140 has been resolved. [post 3 of 4....stay tuned]
6-19-2014 Newshound Guru Tlar The US does not want to be seen supporting the Maliki government, so you will not see any help until the new government finally announces itself. So look for Tuesday to see this new government meeting, and look to Friday to see it come together enough to be announced to the world. Maybe sooner. They want everything to be done constitutionally. No short cuts. No mistakes. Follow the constitution. They want to make sure there is no SOL or wiggle room for Maliki or any legitimate challenge. [post 2 of 4....stay tuned]
6-19-2014 Newshound Guru Tlar People in dinar land are scared that their investment has gone in the dumpster. I don't want you to think what you are witnessing in Iraq is total chaos or anything close to that. In the beginning this was never a take over by the ISIS....this is not what you are seeing in our press. This is not and has not been an insurgency of terrorists...The Obama administration is trying to remove Maliki. Maliki was strongly advised to leave two days ago. To date he has not heeded that advice. Maliki just announced today that the elections are now on hold. Nothing could be more further from the truth. Saleh Mutlag followed up in an article with a call to hold the first parliamentary meeting this coming week stating that they will elect a President and his deputies followed shortly by the announcement of the PM position. [post 1 of 4....stay tuned]
6-19-2014 Intel Guru Frank26 [IF JULY 1ST THEY SET GOV AND JULY 1ST THE KEY CARDS ARE READY, WON'T THE RATE HAVE TO COME FIRST?] IMO...Yes or Simultaneously.
6-19-2014 Newshound Guru Millionday "A source familiar with the Presidency of the Republic, on Wednesday that Vice President Khodair al will call the new parliament to hold its first session next Tuesday." it looks like they have moved it up a WEEK -- HUGE NEWS they have so much planned and they have moving alot up in the past week.
6-19-2014 Newshound Guru Stryker Article: "Lawmakers, allies reportedly press White House to withdraw support for Iraqi PM" Article quotes: "The Wall Street Journal reports that U.S. officials have indicated their desire for Iraq's political parties to form a new government without Maliki that would comprise representatives of the country's Sunni and Kurdish communities." "The Shiite Maliki's party received the most votes in Iraq's parliamentary election this past April, but it did not receive enough to form a majority government. Maliki's efforts to find partners in a coalition government have so far been in vain." FINALLY THE U.S. MEDIA STARTS REPORTING THE REAL NEWS IN IRAQ...IT TOOK YOU GUYS LONG ENOUGH...
6-19-2014 Newshound Guru Enorrste ...the CBI continues on its merry path toward moving from Article 14 to Article 8, as is evidenced by Turki’s statement yesterday that he is preparing to bring the dinar to the world stage. Maliki is using this "crisis" to get exactly what he wants: a continuation of his role as PM. He will promise these people anything they want, and then do whatever he wants afterwards. That has always been his modus operandi. The "crisis" will be shown to be his ticket to a third term. [post 2 of 2]
6-19-2014 Newshound Guru Enorrste Article: "Iraq To Be Partitioned Into Three Independent States?" I just don't think that a partition is even on the table at this time. What is on the table is to solve the insurgency crisis. You don't have to partition the country to do that. The entire idea of a 3 state or 3 country solution is “pie in the sky” talk. It will not happen...there is no majority will for this to happen. That in itself is necessary. Maliki receives no benefit at all from a breakup of his country. ...things like the breaking up of a country into 3 parts is not easy. In Yugoslavia it tooks years and UN intervention before anything was accomplished. [post 1 of 2....stay tuned]
6-19-2014 Newshound/Intel Guru BGG White House calling for Maliki's removal today. [Removal, as in voluntary or involuntary?] involuntary. [when are they looking to force him out?] Sounds like soon. [Do u think they will press charges against him?] The UN will - I am fairly certain. [So, if M is forced out in the next day or so, how long afterwards till the CBI decided to RV?] they just said early 2015, Maliki inner circle says before Aug - I don't think there are any hard answers just yet. [Will Turki even be there next year?] I highly doubt it. [Maybe this is the smoke they said would come right before the rv?] not impossible.
6-19-2014 Newshound Guru wmawhite amazed...how the CBI continues to makes preparation for the IQD. If Iraq was truly coming apart as the media reports...why would the CBI make this statement? Quote: "CBI: our reserves "safe" with banks abroad...CBI Governor Turki has said that the Iraqi reserves are safe and contained in banks abroad...the CBI has the ability to support the exchange rate of the dinar to the fullest extent...and without a roof"...without a roof... a ceiling...no limit to its value. [post 2 of 2]
6-19-2014 Newshound Guru wmawhite one friend of mine has been sending me numerous alerts about currencies from around the world that are adjusting up and down all in reference to Iraq...he is of the opinion that these currencies are being adjusted prior to the CBI announcing its new value. there will be no GCR...however, prior to the IQD's new value is released...many currencies will need to be adjusted...they may be doing that now...all currencies that are traded have a value in relation to each other...now insert the IQD which we believe will be quite valuable...all other currencies will need to be adjusted. [post 1 of 2....stay tuned] 6-18-2014 Intel Gurus TNT Tony & DC Then he came on the news and announced (with the CBI) that we are doing this based on prior agreements. We are going to the RV on Friday, with a specific rate and time...they have done all the agreements and have announced it will be on Friday. He has announced it throughout the entire world and throughout Iraq. The US mainly wants a stable Iraq, so instead of power-sharing, they are trying to get other positions filled by others than Maliki, to form a more inclusive government. In essence, Maliki has thrown down the gauntlet to everyone. Everything looks phenomenally good. Even Chalabi is happy with the position he’s been offered. Maliki has said THIS is the date and THIS is the rate, and that has never happened before. We have to wait and see. [post 3 of 3]
6-18-2014 Intel Gurus TNT Tony & DC That was yesterday. The US said, “Wait, hold on!” So the US stopped it again for various reasons. But the CBI said they calmed everyone down, and it’s our country and we’re doing this. That fight went back and forth several times last night. CBI is still geared up to get this thing out. Now Maliki is no longer the PM although he is acting like it. M said, “If I can get this RV done here, today, what about making me PM again?” A lot of the folks came back and said, “If you get it done, sure. Good luck.” He got smacked down last night, so how could Maliki get this accomplished? [post 2 of 3....stay tuned]
6-18-2014 Intel Gurus TNT Tony & DC [via Adept1] Maliki basically told everybody he would do it just before the government had it’s last power. At the last minute, the US came in with security problems and saying it was not great for us right now. In essence, they worked out a deal. Bottom line, M got what he wanted, and President Obama got what he wanted...It was a good deal for both Maliki and President Obama. They seated the government yesterday...They announced the seating of the government and...Chalabi said he would be the next Prime Minister. Meanwhile, the CBI said, we are tired of all this, we don’t like the agreement, and we are doing it now that the government has been seated. They notified the BIS , and the BIS notified all the other central banks. [post 1 of 3....stay tuned]
6-18-2014 Newshound Guru Aggiedad77 Article: "Iraqi dinar regain "a bit of stability," a week after wobbling because of security threats" CBI claims they have sufficient reserves to address the current crisis and maintain the exchange rate...basically business as usual for them...there were increased demands for the dollar last week amidst the security crisis as it unfolded but this week has seen more stability.
6-18-2014 Newshound Guru Adam Montana [Whoever pulls the trigger on financial prosperity (RI/RV) stands to create loyalty and promote stability. The way I see it, it still just remains a matter of time. IMHO.] I do agree with you - while it's not encouraging to see the current happenings, Iraq has come very far and I don't think this is going to destroy the important structure that Iraq has rebuilt nor do I think this will put an end to Iraq's potential and future progress.
6-18-2014 Intel Guru Okie_Oil_Man AUTHORIZATION TO THE BANKS FOR THE EXCHANGE CAN ONLY BE MADE BY THE UST AND NOT ANY GROUP OR INDIVIDUAL. YOU WILL ONLY EXCHANGE AT THE PROPER TIME AT A BANK THAT HAS THE AUTHORIZATION AND A REPRESENTATIVE OF THE UST AT THAT BANK. THE QUESTIONS SURROUNDING THIS POST WILL BECOME MORE TRANSPARENT AND PROVED WITH LATER POSTS. I PLAN ON MAKING ANOTHER POST LATER ON TODAY AND WAS REQUESTED BY THE UST TO MAKE THIS POST IMMEDIATELY TO PRECLUDE PROBLEMS WITH UNAUTHORIZED INDIVIDUALS OR GROUPS. REGARDLESS OF WHAT YOU HEAR DO NOT CALL BANKS, DO NOT GO TO BANKS, DO NOT INTERFER WITH AN ONGOING PROCESS. [post 2 of 2]
6-18-2014 Intel Guru Okie_Oil_Man THIS IS AN OFFICIAL AUTHORIZED POST. THERE ARE GROUPS BEING FORMED FOR THE PURPOSE OF EXCHANGING YOUR FOREIGN CURRENCY. AS PER US TREASURY SOURCE NONE OF THESE GROUPS ARE AUTHORIZED BY THE UST AND ARE NOT CONSIDERED AS A AUTHORIZED OR RECOGNIZED GROUP. AT PRESENT THEIR ARE ONLY 1 AUTHORIZED GROUP AT THIS TIME. YOU UNDER NO CIRCUMSTANCES ARE TO SEND YOUR DINAR TO ANY OF THESE GROUPS. THEY HAVE NO AUTHORITY TO FORM OR BE RECOGNIZED AS A VALID AUTHORIZED GROUP REGARDLESS OF WHAT THEIR STATEMENTS ARE TO YOU. [post 1 of 2....stay tuned]
6-18-2014 Intel Guru TNT Tony All good news but no action (yet).
6-18-2014 Intel Guru Frank26 Do not know the date but my Spirit says once the CBI is Satisfied with the GOI...We will see an IR (International Rate). Because in further examination I strongly believe the IMF is Satisfied with the CBI. The way my Spirit sees it is that we have something in common with the CBI and IMF...We are both watching and waiting.
6-18-2014 Newshound Guru Adam Montana The current situation is pretty serious over there - ISIS is not a good organization and they are making progress in their initiative to take control. If the GOI doesn't start handling business, it's going to get worse. It's my opinion that Iraq is going to need outside help - they simply aren't doing an effective job of defending their cities. My thoughts and prayers go out to the innocents that have and will be affected by the current situation, and I hope to see a quick end to the radical terrorist invasion that is currently taking place. [post 2 of 2]
6-18-2014 Newshound Guru Adam Montana ...while Iraq has taken a step back, and I don't expect to see this blow over very quickly...all is not yet lost. There will be no RV tomorrow or this week or probably not even this month, which takes us right into Ramadan (basically the whole month of July). In the past, I have always maintained that no RV would happen during Ramadan. Depending on how the next couple weeks go, I may change my stance on that statement...we will just have to watch as events continue to unfold. [post 1 of 2....stay tuned]
6-18-2014 Intel Guru Delta On Iraqi tv they announced to the citizens: we told you about the Qi cards and you are to report on July 1st to get paid.
6-18-2014 Newshound Guru Chattels Market Rate bounced upward to 1,217 today. [is that because the cbi is charging for a larger spread?] not sure of such. what occurred to me is that one should expect some change given the dramatic circumstances in Iraq if the auction info is REAL.
6-18-2014 Newshound Guru Millionday Article quote: "House of Representatives held its first session of the newly elected for the 2014-2018 legislative session in 30 of the current month of June, after the passage of 15 days from the date of approval of the Federal Court on the results of the parliamentary elections as stipulated by the constitution after the Court confirmed the results on Monday 06/16/2014." the calculation of this order puts the new parliament in their chairs on the July 1st date... excuses will not be listened to this time...the new names were certified and done...and they shall start work in two weeks... they are saying that the four names that did not make it through the certification process will not hold up the seating of the parliament due to the constitutional orders and compliance -- they will be working and sworn in with the names of president and deputies by majority vote -- dont even need quorum.
6-18-2014 Newshound Guru Aggiedad77 Article: "CBI: our reserves "safe" with banks abroad" CBI Governor Turki has said that the Iraqi reserves are safe and contained in banks abroad...the CBI has the ability to support the exchange rate of the dinar to the fullest extent...and without a roof...interesting choice of words....gold reserves have been doubled three times just in the current year...the masterful things the CBI does while everyone's attention is on other things.
6-18-2014 Newshound Guru Kaperoni [if they let it float right now its already going in the downward motion . whats to keep it from falling more and more every day. the only reason its where it is now is that the CBI is holding it there.] the dinar is managed now through what is termed a "currency board" or fake daily auction where citizens buy dollars, sell dinar in country under Article XIV. The value of the dinar is in a pegged "exchange regime" to the dollar. The exchange rate does not move and only the Market Rate changes based on these auctions. When the CBI moves to Article VIII and the dinar becomes a worldwide convertible currency, it also will have a new "exchange regime" in which the currency will no longer be pegged to the dollar and will some sort of float thus allowing it to find its true value based supply and demand as the world sees its worth. Significant difference here from an internally managed currency to a real world currency. 6-17-2014 Intel Guru Okie_Oil_Man [via Sambo] ...WAITING FOR THE AUTHORIZATION TO MAKE THE POST. [reference Okie's prior post 6-17-2014]
6-17-2014 Intel/Newshound Guru Poppy3 I HAVE QUOTED MANY TIMES WHAT THE CBI GOVERNOR STATED AND WHAT THE IMF HAVE STATED AND EVEN PLACED ON THEIR WEB SITE FOR 3 DAYS. $3.22 PLUS UP TO 20% MORE FOR POSSIBLE INFLATION DURING AND SINCE THE WAR STARTED AND YES THERE HAS BEEN MUCH INFLATION AND INCREASE IN RESERVES SINCE THAT TIME SO THE RATE WILL BE ACCORDING TO WHAT THOSE FIGURES BRING THEM. WE KNOW ALSO THAT THEY HAVE STATED MANY TIMES THEY WILL BE WITHIN 10 CENTS UP OR DOWN TO KUWAIT AND I READ TODAY THAT KUWAIT IS NOW AT $3.65 SO THAT WOULD GET US FROM $3.55 TO $3.75. NOT SET IN ANY RATE FOR SURE BUT JUST POSSIBILITIES. [post 2 of 2]
6-17-2014 Intel/Newshound Guru Poppy3 RV IS STILL A FEW DAYS AT BEST AWAY BUT IS STILL MUCH CLOSER THAN EVER. THE GOI AND FINANCIAL BODIES ARE STILL PLANNING AND MOVING FORWARD. POLITICAL DEADLINES AND FINANCIAL DEADLINES HAVE BEEN SET AND ANNOUNCED BUT WE ALL KNOW THEY ALMOST NEVER HAPPENS ON THE DEADLINE BUT THEY WILL NOT MISS THEM MUCH. MUCH TALK ABOUT RATES AGAIN...AND ZERO HAS CHANGED ABOUT RATES FROM ANYONE THAT HAS ANY SAY ABOUT WHAT THE RATE WILL BE. [post 1 of 2....stay tuned]
6-17-2014 Intel Guru Mnt Goat I believe we will see the RV soon as I have stated many, many times but only when parliament is seated, the president is seated, the prime minister (Chalabi) is seated, and all his ministers are seated. They (meaning the USA) are not going to repeat the mess they had back in 2010 with Maliki. They will use the currency reform as leverage to get the government formed and fully functional. Then they will pop the currency out to the international markets...this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable and is a functional government. This is has been the plan all along. [post 2 of 2]
6-17-2014 Intel Guru Mnt Goat Finally yesterday the Federal Court announced the ratified of the election results. However there are 4 candidates that are being withheld...The reason for not ratifying these candidates is unknown... It was...announced yesterday in Iraq that Ahmed Abdel Hadi Chalabi would be the national alliance/citizens coalition’s candidate for prime minister. I have an excellent source in the Iraq government and they are telling me Chalabi is the new prime minister, as we will all witness very shortly. I can see Iraq is trying to progress quickly in the completion of setting up their new government. [post 1 of 2....stay tuned]
6-17-2014 Newshound Guru Stryker The news is much better than reported on our main stream media folks...
6-17-2014 Intel Guru TNT Tony Yes it is true. A new PM in Iraq and it is official. Government officially seated today. We are next.
6-17-2014 Intel Guru Okie_Oil_Man 4.40PM CST-- I EXPECT TO BE MAKING A VERY IMPORTANT ANNOUNCEMENT WITHIN THE NEXT FEW HOURS---AS PAUL HARVEY USED TO SAY--"STAND BY FOR NEWS"!
6-17-2014 Newshound Guru Aggiedad77 Article: "Will chair the opening session of the new parliament and government rescue of the free and the citizen and the other blocks, headed by Chalabi" This is awesome news and comes on the tail of [Guru] Frank's announcement ...that Chalabi would be the name put forth by the National Coalition as Prime Minister when the new Parliament comes together for their first session...with this new government it is expected that a reformatted agreement with the US will be forthcoming...
6-17-2014 Intel Guru Frank26 ...our opinions on C [Chalabi]...For now this is ONLY A nomination. They will share with You at a very slow pace. ...worry not about what they say...Focus instead on what they do. They want You to understand their feelings as a nation on who they want as PM. While M [Maliki] invokes all methods to keep his position as PM ...Attention is turned to C [Chalabi]. There are many CHANGES forming in Iraq...IMO a change of PM would compliment a new Beginning.
6-17-2014 Newshound Guru Tlar We have seen only one article so far that the NA chose Chalabi as their PM. Originally I thought maybe it had been released early and it was pulled. It turns out the newsite that released it went down right after it was released and that the article is most likely a good article. So this is not over but it should be over very soon. The next government will be formed before the end of the month. Maliki will be out. [post 2 of 2]
6-17-2014 Newshound Guru Tlar Maliki refuses to leave in the face of countries all over the world telling him to get out. He lost the election but still he stays. He has lost his immunity but still he stays. This morning he announces that he doesn't need emergency powers because he already has them under a law he tried to push through parliament a while back, - THE NATIONAL SAFETY LAW. Parliament did not approve such a law. This morning the legal guys in Iraq have said this is another illegal move to stay in power and that it does not give him any powers to act as though a state of emergency exists. [post 1 of 2....stay tuned]
6-17-2014 Intel Guru Frank26 [via R601a] parliament seated before the end of this month...ISX international on July 01 - will need real value...Maliki in caretaker mode...Turki said mid year major changes will happen to currency...Expect announcement this week that political situation is under control - ie stability...something VERY important to be announced in next 2 weeks...Delayed issue of Qi cards that were to be issued last weekend - waiting for RV?...Qi cards when issued will be international at the NEW RATE - contractors are being held up using these cards...All laws relevant to RV have been passed and processed.
6-17-2014 Newshound/Intel Guru Eagle1 [via R601a] [We passed the 15th will we see a seated Gov in June?] IMO by 28 - 29th June.
6-17-2014 Intel Guru Delta [via R601a] No gov seated in June. Parliament seated in June. Gov will not start until end of July to the middle of August. But this has nothing to do with the monetary policy. CBI can RV at any time - fully authorized to RV at any time they wish - very likely within the next 2 weeks - was told that a major announcement near the end of June...be happy - something very good is going to happen very soon.
6-17-2014 Newshound/Intel Guru Bluedog I HAVE BEEN WATCHING THE OIL IN IRAQ AND ALL OIL COMPANIES HAVE HAD NO PROBLEMS...IF YOU WERE ISIS YOU WOULD HIT THE OIL FIRST (WINK)...THATS IRAQS ECONOMY BUT OIL GOES ALONG WITH NO PROBLEMS.
6-17-2014 Newshound Guru Stryker Article: "Asadi: the first session of the new parliament after consulting political leaders" the Vice President Khodair will call the first session and it looks like they could call it early, after determining the right date...the first session can be held anytime after the ratification of the election results but before 15 days from the date of ratification. My point is, they can speed up the process to help boot Maliki to the curb and take control of the mess he has caused.
6-17-2014 Newshound Guru Kaperoni [...why did the CBI jump 57% today...] a 57% jump in sales in the daily auction means that there was an increase in demand for dollars which in essence means Iraqis are probably dumping the Iraqi dinar in wanting the dollar. when demand goes beyond the cost of imports and it becomes the citizens desire then the currency in the country becomes less desirable which is not good for us. 6-16-2014 Newshound Guru Stryker We still need confirmation on this one but it sure looks like Maliki is out and Chalabi looks to be the one and only National Coalition nominee. Confirmation is the key but it sure is looking good folks!
6-16-2014 Intel Guru TNT Tony A month ago, two weeks ago, Friday we didn't think we'd have to wait for the new PM. But it's now part of the new agreement and it's not going to be weeks or months. We're getting calls from people over there telling us it's not like what we're seeing on TV here. There are some things going on but not like that. We are still in a good place and things are moving along very fast. We are almost there. [You think we have a good opportunity for this week?] Yes, you should have been in there this morning. If I have to give a back wall, it would be July 1. But the plan isn't for it to go that far. [post 2 of 2]
6-16-2014 Intel Guru TNT Tony [via Adept1] You should be at the bank right at this moment. But the schedule was blown apart. I want to give more details without getting us in trouble. Okay, lots of money at stake. It's Maliki's last day/week in office and things could get out of hand. Some could take money that doesn't belong to them and run. Some could be forced into those situations here at the last minute. It has gone as far as some reaching out to others asking for help to protect their money. Those issues had to be worked out and a deal was put in place. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru DC [via Adept1] Bottom line is that a very last-minute agreement was reached at the very last minute to not release this to the public until the GOI is seated and going through. They wanted a smoother transition. We understand that's any minute, any day. They are announcing they have the votes and it frees up again when it becomes official and goes forward. [Do we have to wait until 7/1 for them to announce the new GOI?] They are supposed to announce the new GOI at anytime, any day. Could be at any time. I'm going to say that things are looking extremely good.
6-16-2014 Intel/Newshound Guru Poppy3 JUST GOT ANOTHER TEXT SAYING PM NAMED A COUPLE HOURS AGO BUT HAVEN'T CONFIRMED THROUGH ANY SOLID SOURCE AS OF YET...I WILL HAVE TO SEE IT ANNOUNCED BEFORE IT WILL BECOME REAL TO ME. WE NEED TO JUST WAIT TILL THE BIG DOGS TELL US FOR SURE. [is it possible that the RV could still come roughly the same time as the PM announcement?] I DON'T THINK THEY WILL BE FAR APART. SEVERAL THINGS STILL PENDING AND THEY CAN ALL HAPPEN ALMOST SIMULTANEOUSLY...THEY HAVE REPORTED THE HCL AND 140 AND TARIFF LAWS AND REGULATION ARE AGREED ON AND JUST NEED IMPLEMENTATION.
6-16-2014 Newshound Guru Tlar I am confident that everything will work out once Maliki is gone. I will not minimize what has happened and is happening is not serious and could get worse. It is difficult to remove a dictator and no one really knows in the end what measures you will have to go to, to do it. I would point out that no one is backing this government which I find strange. Everyone is backing the people of Iraq. That's why I continue to say this is not what it seems. No matter the truth of what's going on will come out very soon. Iraq will have a new government. By the way, the CBI has been continuing through this crisis to make the changes in preparation for something. It has been business as usual for them. They don't seem to have missed a step. [post 2 of 2]
6-16-2014 Newshound Guru Tlar Many residents are returning to the towns that are listed as taken over In Mosul which is the 2nd largest city in Iraq there are two check points going into and out of the city. People who evacuated are already returning and yet the city is still under control of "the insurgency". I realize the news we are getting in this country tells a different story and it is somewhat because of the confusion on the ground, but this will soon sort itself out unless something new comes into the picture. [post 1 of 2....stay tuned]
6-16-2014 Newshound Guru Millionday ...there is a lot on the news of fear in Iraq of civil war -- the service men and volunteers have done a great job but there is a lot of violence in the country. Article quote: "Despite the challenges and difficulties faced by Iraq, but the property rights guaranteed are not affected by the current crisis..." the country is actually showing a healthy isx in country. they are monitoring for compliance and also looking at the index to see if the security problem is causing a drop and it seems -- not much -- thats great. this means that the constant or predictable rate that is imposed now is holding so they are being successful -- stability in the market especially in a time such as this is very important and obviously they are showing stability.
6-16-2014 Newshound/Intel Guru BGG this is still the "End Game..." for Maliki. It is becoming more and more widely accepted that Maliki is really bad for Iraq. Lots of news pieces. I didn't expect him to go quietly...It is a complex situation - many human rights tragedies going on... it is heart breaking. The financial aspects are - minor in comparison. We should be in prayer for this nation. It is in some peril. I believe it will get worked out quickly once leadership change takes place. [how long before you think it will take to get the government changed?] tough to say - supposed to have elections certified and new Parliament seated soon.
6-16-2014 Intel/Newshound Guru Poppy3 I WAS...TOLD THE ELECTION RESULTS WILL BE ANNOUNCED WITHIN THE NEXT 72 HOURS. LIKE I HAVE SAID BEFORE THEY HAVE NEVER MET THE FIRST DEADLINE... THE GOOD NEWS IS THEY ARE STILL ON IT AND MOVING TO FINALIZE ALL THE STEPS THEY NEED TO ACCOMPLISH. I THINK IT IS POSSIBLE THEY WILL ANNOUNCE THE RESULTS TOMORROW [MONDAY]. TIME WILL TELL THE FACTS.
6-16-2014 Intel Guru Frank26 If we have SECURITY and STABILITY then watch the OIL of IRAQ flow like LAVA. The KURDS are in control is not just a catch phrase...It is A PLan. Articles are good but the KEY is we are BACK to the end of o's [Obama's] mistake in 2012. As if our USA Troops never left. Article 140 is alive again. The cost for oil goes up and so does the SALE of it? Not ironic...A Plan. Back to the end of 2012 when o made his mistake to pull out of Iraq TOO EARLY! USA TROOPS...Only...BACK in Iraq. A Plan! IMO, MR (Monetary Reform) Dominoes are falling like Giant Redwood Trees.
6-16-2014 Intel Guru TD The Kurds also have grabbed Tikrit and they are ready for an independent state. IT IS VERY POSSIBLE that a new state dividing the nation into 3 factions is the ultimate outcome after the fighting and sorting through is done. EVERYONE in Iraq is disgusted with the status quo and each faction says THEIR future does not include the other two. Whatever happens, this sad mess will take months & months to sort through. [post 2 of 2]
6-16-2014 Intel Guru TD Calling real time events being covered by now, the world media, "smoke", "sideshow", etc. is a real insult to those who are living it and suffering from the breakdown of Iraq. IMHO, posters need to be more respectful to this human tragedy. It is "real" and it brings about severe uncertainty for the immediate future. We have to keep in mind the Sunni-Shiite discourse has it's roots back to the 17th century and will NOT (this time) just evaporate. ISIS is still gaining and NOT being defeated or retreating. By stealing over $400 million dollars (in Mosul), capturing military hardware, etc. from the GOI, it has momentum, the might & funds to furnish it's cause. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru Hub [we need the dinar history post - motivational.] well here we go...go to the 1955 funk and wagnels and you will see the iraqi dinar exchange value was $2.55, at that same time, the dong was $2.20 and it kept its value until france went into the country...and we all know the dinar was $3.22 with sadam...so now that all the unbelievable resources found in iraq, it has to go up to the value of the country.
6-16-2014 Intel/Newshound Guru Poppy3 Article quote: "Days after Iraq's second-largest city fell to Al Qaeda-inspired fighters, some Iraqis are already returning to Mosul, lured back by insurgents offering cheap gas and food, restoring power and water and removing traffic barricades." Only days after Mosul fell, Iraqis return to find lower prices, restored services and more. like old POPPY3 TOLD YOU THINGS WILL CHANGE FOR THE BETTER VERY FAST.
6-16-2014 Intel Guru Bluwolf THE OCCURRENCES IN IRAQ IS JUST A SIDESHOW THAT WILL DISAPPEAR...SEE THIS IS HOW COVER UPS TRANSPIRE AND THIS IRAQ ISSUE IS JUST THAT, A BUYING OF TIME IN ORDER TO GET SOMETHING PUT IN PLACE. I WILL SAY THIS THOUGH...WE ARE FINALLY THERE FOLKS NO MATTER WHAT IT MAY SEEM LIKE... [post 2 of 2]
6-16-2014 Intel Guru Bluwolf THE CURRENT STORM OF EVENTS IN IRAQ DOES NOT CHANGE THE IMMINENT GLOBAL RESET. NOTHING HAS CHANGED FOR I HAVE NOT RECEIVE A WORD ON THIS SUBJECT. THE UST IS ON LOCKED DOWN AND BANKS HAVE BEEN ALERTED. SOME...ARE SAYING THAT THE DONG WILL COME OUT TOMORROW [MONDAY] AT .47 AND THEN GO UP WITHING 4 OR 5 DAYS. THIS I DO NOT BELIEVE TO BE TRUE. THE DONG DOES NOT NEED TO FLOAT FOR IT ALREADY IS A TRADEABLE CURRENCY. THE INTERNATIONAL RELEASE SHALL BE COMING OUT FULLY ALL 198 COUNTRIES SHALL APPEAR AT THE SAME TIME. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru Jester I DO NOT SEE THAT MUCH HAS CHANGED IN THE WAY IT NEEDS TO START PROGRESSING YET... HIGH HOPES THAT SOME OF THE THINGS GOING ON WILL GENERATE SOME MOMENTUM FOR THAT FIRST DOMINO TO FALL...SEEMS LIKE EVERYTHING IS LINING UP.
6-16-14 Newshound Guru Tlar So by Monday, Tuesday or Wednesday we should see the process again moving along only IMO it will move quickly because all the main players have already been chosen and agreed to. So potentially up to Friday next week everything will continue to look confusing especially if you are reading the US media. Everything will become much more clear by next Friday or before. The crux of the hold up is the election results not having been ratified yet. [post 2 of 2]
6-16-2014 Newshound Guru Tlar The process to change the country has begun. Maliki tried to get the federal court to grant him the state of emergency and they declined. So he just declared it all by himself. Everyone is ignoring his self proclaimed state of emergency. The parliament is the only organization that has the power to grant a state of emergence and rather than do that they called for the government to resign. ...the election results will be released in the next two to three days. The election committee had reported that the numbers floating around a week ago will not change much. Once the election results are ratified the new parliament will meet and get down to the business of changing the government which is now operating under a caretaker government. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Eagle1 IMF and World Bank are also waiting for the formation of the new government so that they may finalize the rates of Iraqi dinar against US dollar. Our sources say that they already have given the rates to the IMF, the lower and higher for the completion of the revaluation of the Iraqi dinar. The final discussion is left for the implementation of revaluation of Iraqi dinar. A member of finance committee of Iraq told us that revaluation of Iraq dinar will be occurring in the next couple of days as the new government is formed after fulfilling the legal procedure. [post 2 of 2]
6-15-2014 Intel Guru Eagle1 The new government is going to take its responsibilities by the mid of this month - means before the 15th of June. The priority of the Nuri Al Maliki administration is to increase the value of Iraqi dinar in the international market. Now it is time to play, as the ground is ready and the stage is set for them. Just a few political issues are behind the scene that are major obstacles for the government and central bank of Iraq to take action. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Delta THERE IS A LOT OF WRONG INFORMATION COMING THROUGH THE MEDIA, CNN, FOX, ETC.
6-15-2014 Newshound Guru Aggiedad77 We know that things are not as they appear, especially with the bought main stream US media...information precedes anything the media itself can or will divulge...by three days to a week...IMO...all is good...the store will be having a "Grand Reopening" soon..."Under New Management."
6-15-2014 Intel Guru TNT Tony we are still going in the right direction; just slowed down a little. Still looking for a great Monday.
6-15-2014 Newshound Guru Tlar FLASH NEWS. Maliki appoints himself premier of Iraq. His Excellency wants to be called king and everybody to bow in his presence. Can he do this? NO. This is about as effective as declaring your own state of emergency. So who listens to him anymore? Certainly not the opposition. This fool can declare unilaterally anything he wants. No one is paying anything more than lip service to him until he is gone.
6-15-2014 Newshound Guru Millionday the reforms in the country will not be held up by terrorists...the ministry of finance and the parliament and CBI will still be working and the plan for the country will go on --- they will just be taking care of the terrorism in the department of defense. [post 2 of 2]
6-15-2014 Newshound Guru Millionday [Did I just read that they're going ahead with economic and monetary reform before the budget is done?] yes and this is not the first time we have seen it -- Turki held a press conference when the banks notified him that they were prepared with their part and stated he would move forward with or without it in place [so every action is moving in a positive direction?] yes it seems as though with the economic announcements we have seen that they are as ready as they say they are...and all the talk of their market and how they are going to make a huge impact in the global market...that would make no sense unless THEY PLAN TO BE INTERNATIONALLY RECOGNIZED... [post 1 of 2....stay tuned]
6-15-14 Intel/Newshound Guru Poppy3 MY INVESTMENT IS SAFE...MY DECISION IS MADE I AM GOING TO SEE THE RV AND I AM GOING TO SEE IRAQ DINAR TRADED INTERNATIONALLY IN JULY JUST LIKE THEY STATED SEVERAL TIMES. MALIKI WAS INJURED YESTERDAY BUT WAS BACK HAVING MEETINGS TODAY [SATURDAY] BEGGING FOR AMNESTY AND MAKING MANY MORE PROMISES THAT THEY KNOW HE WOULD NEVER KEEP. [post 2 of 2]
6-15-2014 Intel/Newshound Guru Poppy3 i have received many emails asking the same question? [should we bail and sell for what we can get for our dinar since the civil war has started?] WELL HERE IS MY REPLY...HELL NO!! FIRST OFF THERE IS NO CIVIL WAR. SECOND I MADE THE RIGHT DECISION BACK MANY YEARS AGO WHEN I DECIDED TO START THIS INVESTMENT AND I STILL STAND ON THE FAITH I HAVE HAD EVERY DAY SINCE. ...I AM CONVINCED BEYOND A SHADOW OF DOUBT THAT THIS IS ALL ...A POLITICAL MOVE TO TRY AND STAY IN POWER EVERY DAY POSSIBLE FOR MALIKI AND I KNOW THE FINANCIAL WORLD WILL NOT STOP THEIR PROGRESS IN PREPARATION TO MOVE IRAQ TO THE WORLD STAGE FINANCIALLY IN SPITE OF POLITICS AT THIS POINT. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Mnt Goat We are looking at having this all completed by July 14th as an outside window. Must they complete all these tasks first to see the international revaluation of their currency? No - I do believe the USA will complete the revaluation process just before or just after the formal announcement of the new government officials. This is my opinion. Another Option...There are sources now telling me that the USA may wait for everyone to be officially seated and to observe the first real working session of the parliament prior to rolling out the revaluation. I just don’t think they (meaning the USA) are going to allow this to happen again. Remember that the IQD has already had in-country revalued at a rate of $3.41 earlier this year so we can expect a rate equal or greater to this amount. We now just await the international rollout. [post 2 of 2]
6-15-2014 Intel Guru Mnt Goat There has been no announcements yet in Iraq on the new government. Even the Iraqi citizen awaits the news. It was announced today that the new parliament will open it’s first official session on June 30. I would expect we should see the announcement of the final election results either today or tomorrow. So the next step in the election process in of course the formal announcement of the election results. Then the taking of the oath by all new parliament members. These new members then will vote on the candidate for president (as presented to them by the controlling bloc as winners from the election) in the next session. The president then will announce the new candidate for prime minister to the parliament, which will then ratify and seat him in the assembly. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz35OjzZaP9
6-21-2014 Newshound Guru Kaperoni Article: "Iraq Ayatollah calls for new parliament to start work without delay" Chalabi will not be PM. Maliki should leave, but he holds a lot of power..controlling police, military, etc..going to be tough to remove him.
6-21-2014 Newshound Guru Aggiedad77 This is HUGE news...a major piece of the puzzle falling into place...but what is happening...Maliki is attempting to save and resurrect his own butt...He is playing cards that no one thought he had...however IN FRANK'S OPINION...the avalanche against M is far too great...the deck he is playing with has no longer been dealt in M's favor...change should be coming. After all, what else is left to fall into place? [post 2 of 2]
6-21-2014 Newshound Guru Aggiedad77 JUST GOT OFF THE PHONE WITH FRANK [GURU FRANK26]...please understand this is COMPLETELY DIFFERENT than the Article 140 that was being talked about over the last couple of days...this is far more ENCOMPASSING! This Article 140 includes the disputed territories including Kirkuk...this is BIG...but even bigger this includes OIL that has been disputed by the Kurds for like forever...this is really BIG...Giving the Kurds the green light to produce and export their own oil for a period of 5 years...in that time they get to enjoy the amounts of the export as well...tremendous...but then...THEN...they will be granted 30% of the Iraqi budget after the 5 years. [post 1 of 2....stay tuned] [See the "Possible to do list" in the Dinar Guru resource bar on the left..Items 2 & 6]
6-21-2014 Intel Guru TNT Tony You are having a great weekend and it will get better. Things are slow but steady. Keep your dinar close. You will need it very very soon. All good news.
6-21-2014 Intel Guru Frank26 Chalabi Was simply nominated. Three others were nominated today as well. IMO, There will be more nominations. Why? Because there is less and less fear of M [Maliki]. As for C [Chalabi] Yes he is a front runner and more than likely the eventual PM for Baghdad. Time will tell. I just Love the fact that the Parliament/GOI is forming...So does the CBI/IMF. IMO, M was the REASON for ISIS. But who cares about politics...Pray that The CBI TALKS again tomorrow or Monday! IMO, IR can come out anytime the conditions are congruent with the CBI goals. I see continual progress because I do not seek a date.
6-21-2014 Newshound Guru Bondlady Iraq doesn't like to be told or given ultimatums about their country by the USA or any other country...such as the USA calling for Maliki to step down to end the civil discord. I don't know much about this new guy Chalabi...experience is a lot here...I hope he can compete with Maliki. Iraq does need new blood but they need strong blood and good morals like Hakim and Talabani either of those would have been great for PM but neither want that headache either. so really no one knows who will be the PM yet or if Maliki will actually get a 3rd term.
6-21-2014 Newshound Guru Kaperoni Article: "Sunni politics and the current situation in Iraq" Interview with Kirk Sowell on the esculation of violence ISIS terrorism: Maliki must go. He is marginalizing the Sunni's in everyway. Even his new "reserve army" is mainly Shia which will create further sectarian tensions...this violence could last for years. Not what we want to hear. Let's hope not..and the new government is formed soon will unite everyone. Though Maliki states they are fighting terrorists (ISIS), these groups are also include many Sunnis. So it is not so black and white as Maliki wants everyone to think. This is why the US cannot just step in. [Kirk H. Sowell is an independent consultant based in the Washington, D.C. area. An attorney and specialist in the Middle East...]
6-21-2014 Newshound Guru Enorrste I believe that once the new government is formed, assuming he is at the head of it, that he will finally allow the dinar to float. We got a "hint" that this may be his intention from the statement of Turki yesterday. Turki won't open his mouth unless he is told to do so. He opened his mouth. I believe he [Maliki] relishes power over anything else, I think that Maliki will want to go down in history as well. It will ultimately be in his own best interest to allow the dinar to float. You can count on that. Maliki will survive this, form a government, and rule. Ultimately, he will win. Of course I could be wrong. [post 2 of 2]
6-21-2014 Newshound Guru Enorrste Article: "U.S. pressure on Obama to persuade al-Maliki to step down" ...comments about the "imminent" demise of Maliki are actually kind of funny. I...can recall a very similar situation 4 years ago when Maliki had only 90 votes in the SOL. He dithered around for over a year, not going anywhere, until he finally patched together the NA and held on to his position. What makes anyone...think that it will be any different this time? This is just another blip in the road for this man. He has the position and the power. Don't bet the farm on an early demise for Maliki. On news tonight, there are talks between Iraq and Russia over this matter. Maliki "rejected" Washington and now Putin is offering Maliki support. I believe that what many fail to realize is that his power is really quite extensive at this time. [post 1 of 2....stay tuned]
6-21-2014 Intel Guru Jester INFORMATION IS STARTING TO REALLY LINE UP ABOUT...CONCERNING THE SITUATION IN IRAQ... THE NEWS IS FINALLY LOOKING LIKE WE WERE ON TARGET... I STILL BELIEVE IT IS A HUGE OPERATION DIRECTED BY THE BAD GUYS...SOME THREE LETTER BAD GUYS COME TO MIND... AND THAT THEY HAD IT ALL STAGED FOR SHOW. [so everything (except Iraq) is still positive?] EVEN THAT IS POSITIVE TO A DEGREE... WHEN YOU SEE THROUGH THE DECEPTION AND REALIZE IT IS JUST A LAST DITCH EFFORT AT DISTRACTION... AND THAT ONCE AGAIN THE WORLD IS WISE TO IT...THEN YOU REALIZE THAT THINGS ARE MOVING THE RIGHT DIRECTION...
6-21-2014 Newshound Guru Tlar In a democracy or parliamentary system, a person who loses mostly just takes a bow and congratulates his opponents. This guy tried to not only to rig this election but he still thinks he won. In other words he won't leave. He is still trying to make decisions that aren't his to make...This guy could make this a very messy change and might actually cause Iraq to descend into a worsening situation if he is not removed very soon. That's why the push to make him resign or run, and quite frankly he still may have to be removed physically by force but that could get very messy. [post 2 of 2]
6-21-2014 Newshound Guru Tlar Maliki won't admit he is out and is continually trying to beat the system by making moves. He is trying to create disharmony among the sects. He is still attempting to create a new government with him at the helm. He is still trying to stop the election process. I am quite sure he will try to disrupt the first parliamentary meeting maybe declaring them all traitors and terrorists. That's a real fear and I believe troops sitting in Kuwait will be sent in to protect the new government before Tuesday to thwart that potential. [post 1 of 2....stay tuned] 6-20-2014 Newshound Guru wmawhite Here is a translation of a very recent comment the Governor of the CBI made: .. as per my friend who's native language is Arabic: This video is saying that the Governor of the CBI Mr Turki is expressing his regret that the financial currency politics of Iraq has to deal with the current situation in Iraq. However he is assuring that the CBI has the capability of supporting the currency exchange of the Iraqi dinar to the most extent without a bar limit, and that the central bank reserve is very safe at banks outside iraq. He also noted that the reserve of the hard currency exceeds 70 billion dollars and the gold reserve is almost triple as of last year.
6-20-2014 Intel Guru DC It is our belief that we are wrapping up this roller coaster right now, and the sovereign country of Iraq is setting up it’s revaluation. We don’t know the timeline on that; the bottom line is that there is a LOT of movement, circles within circles, and the process is competed at the CBI and it’s now sitting at the BIS.
6-20-2014 Newshound Guru Frank26 [via Kelly 123] a list of things that are suppose to happen on July 1st. 1. ISX /OMX international 2. new fiscal quarter 3. "mid-year" like CBI has stated 4. "June of 2014" as CBI stated last year 5. 15 days are up since the ratification of election results on July 1st per constitution. I think we need to see an IR ( International Rate) before July 1st. IMHO!!
6-20-2014 Intel Guru TNT Tony The paperwork was approved and accepted; that’s done. They have set a time to do it, and that has not been done yet. They said it would be today, and they still have time to do it today. Until it’s actually announced, something still could happen because it always does. They submitted everything to all countries, and it’s going through whether the US wants it or not...The US will still have to participate sooner or later because this is a global event. their timeline, announcements and celebrations are scheduled, and that is what we are waiting for. Up and down as it was last night, it still hasn’t happened. However, the banks are preparing for it, and people are being put in position. We are in a super-fantastic position, and the whole world is on standby now, waiting to see if this will happen. Worst case scenario? Best thing is that it could happen in the next 15 minutes. Worst case it will be 1. July.
6-20-14 Newshound/Intel Guru Arthur [via Poppy3] The Iraqi constitutional process is that they have 15 days after the new Parliament is ratified (June 15th) to start the new Parliament session. But we now know they upped that to the 24th instead of July 1st. So on the 24th they will vote in whoever the new speaker is if isn't Najafi which I don't think it will be because he smells of the last Parliaments failures. That person will get 2 deputies voted in at that time with him. Then they will elect a President. That President will then turn to the largest Bloc which will be the new National Coalition and they will pick their candidate for PM who will then pick his Council of Ministers. All this is coordinated to happen very quickly and all we need is for the process to get started in earnest.
6-20-2014 Newshound Guru wmawhite Just an opinion concerning the revaluation of the IQD...the Prime Minister will NOT announce a change in the value of the IQD. Instead, it will be the Central Bank of Iraq. It is a financial event...NOT a political event. There is a difference.
6-20-2014 Intel Guru Frank26 He then went on to apologize that the CBI is doing the MP under this " situation" in Iraq. Fascinating to see the Governor of the CBI apologize for the GOI. T [Turki] bragged that the 70 billion they had for currency reserves has now TRIPLED!!! Said We can SUPPORT ANY RATE THE CBI wants...We can cover it. Said we have NO ceiling. T said there was no security nor enough stability with the GOI last summer so he said he would raise the value of the IQD in the middle of 2014. IOO (In Our Opinion) The end of June is the middle of 2014 or July 1st 2014. [post 3 of 3]
6-20-2014 Intel Guru Frank26 When DELTA called me He was at the point of hyperventilation, LOL, well suffice it to say he was very happy! Told me he listened 7 times to the interview in Arabic and it just got better ever time. DELTA told me it was T's demeanor that motivated him! Every response was with a sharp confidences and knowledge. T said : We, the CBI, Are NOT affected in any way what so ever to the issues in Iraq. The GOI, The terrorist, The disarray of our country has NOTHING to do with THE PLAN. Yes, He said WE HAVE A PLAN! A plan for our Monetary Policy and we are moving forward with it to make our currency more effective. The "situation" in Iraq is not going to stop our plan. [post 2 of 3....stay tuned]
6-20-2014 Intel Guru Frank26 A so called war in Iraq has caused many to Give up HOPE. But within this chaos a new species of flower has been found by DELTA last night. I will call it ...CBIanthious. The governor of THE CBI (Turki) was interviewed yesterday during a press conference with Gulf Countries! CNBC AL ARABIA TV channel ( like our NBC) talked to T [Turki] about the meeting. It was all over Iraq yesterday...FOR THE CITIZENS IMO. Timing at work. [post 1 of 3....stay tuned]
6-20-2014 Intel Guru Mnt Goat In order to go international with their Iraq stock exchange (ISX) on 7/1 they need an internationally traded currency. So by 7/1, when the Iraqi Stock Exchange is scheduled to go live internationally the question I put forward to us is this. Can they meet all their requirements of having a stable government so the USA will pull the trigger on the RV thus they can have an international currency in time for the ISX rollout? I got a call...from my Iraqi contact that told me that a high level meeting was held in Kurdistan today. A decision was made to hold the first parliament on the 24th instead of the 30th! It tells me they are concerned and need to push this new government along. This also shows me they need to have the new prime minister seated as soon as possible. [post 2 of 2]
6-20-2014 Intel Guru Mnt Goat in my opinion the USA is now beginning to do something about this Maliki situation. There are now over 4.000 US marines landed in Iraq... Do you think in the future these same troops could be made available to overthrow the Maliki government? The plans are now being made for this purpose. We all should now be watchful of the new prime minister being seated. This will be happening very soon. This will be the spark that will set off a wildfire of activity in Iraq...This will be the final straw for Maliki as he will try one last very desperate attempt to oust the new prime minister and sabotage the efforts to establish the new Iraq government. He will not be successful. [post 1 of 2....stay tuned]
6-20-2014 Intel Guru SteveI I would like to dedicate this post to Nouri al-Maliki saying "Farwell and Good Bye"! Based on many articles I will stick my neck out there and predict Ahmed Chalabi as the next Prime Minister of Iraq! I will also predict that something huge will happen to our investment before the end of this month.
6-20-2014 Intel Guru Frank26 I just get got off the phone from talking with DELTA. He is Ballistic! What DELTA found is Turki saying some Powerful Supportive statements of the MR (Monetary Reform)! Basically That NOTHING will stop their PLAN!!!
6-20-2014 Newshound Guru Tlar The drumbeat is getting louder and coming from all directions. The "heat" is being turned up by the hour. Everybody but Maliki himself is saying he has got to go. Countries in the area including Iran, the US, the European Union, the UN and the people inside his party and citizens in his own country, all chanting no more Maliki. This is a well coordinated movement to remove him. This is Friday and we will see if by Tuesday he tries to do something very stupid or he finally gets the message.
6-20-2014 Intel Guru Bluwolf Rates still looking good and banks have been alerted.
6-20-2014 Intel Guru MarkZ So much has happened this week, we are at a boiling point in a good way. Blessings are coming...
6-20-2014 Intel/Newshound Guru Poppy3 THERE IS A HARD PUSH BEING MADE TO COMPLETE EVERYTHING BEFORE JULY 1. ...THEY WANT THE NEW GOI AND THE NEW RATE ON THE CURRENCY THIS MONTH NOT NEXT. NOW LETS JUST HOPE THEY CAN MOVE EVERYTHING UP AS THEY APPEAR TO BE TRYING TO DO. STAND BY FOR MORE GOOD NEWS IN THE COMING HOURS.
6-20-2014 Intel Guru Delta CNBC AL-ARABIA CHANNEL INTERVIEW WITH TURKI FROM MANAMA BAHRAIN: "NO WORRIES FOR THE IRAQI DINAR, WE ARE PLANING TO MAKE THE MONTEREY POLICY MORE EFFECTIVE, WE HAVE THE PLAN FOR THAT, WE REGRET THAT THE CBI WILL TAKE MONTERY DECISION IN DIFICULT SITUATION. AND WE WILL SUPPORT ANY EXCHANGE RATE THAT THE CBI SELECT WITH NO PROBLEM." SO BASE ON THIS INFORMATION, IT LOOKS LIKE THE CBI WILL MAKE THERE MOVE NO MATTER WHAT...THIS IS HUGE. 6-19-2014 Intel Guru Hub dont know if this means anything, but a very good friend that works for a BIG oil company that has people in Kurdistan says he sees nothing but oil pumping and a lot of people making a lot of money...his guy is saying there is no civil problems, they are pumping oil and all is happy...and this is in Kurdistan.
6-19-2014 Intel/Newshound Guru Poppy3 NEWS THIS WEEK ALL STANDS OUT TO ME THAT WE ARE CLOSING IN FAST ON MALIKI BEING GONE FOR GOOD...HE IS NOW THE MAIN TARGET OF EVERYONE INCLUDING THE VERY PEOPLE HE CALLED ON TO DISRUPT AND KILL MANY OF HIS COUNTRYMEN JUST TO PROLONG HIS REMAINING IN POWER. THE USA, AND ALL UNITED NATIONS GROUPS ARE ALL PUSHING FOR HIS REMOVAL AT THE SAME TIME. WE ARE IN GREAT SHAPE AND THE RV IS IN OUR NEAR FUTURE I AM CERTAIN OF IT...WE WILL ALL BE CELBRATING SOON.
6-19-2014 Newshound Guru wmawhite ...amazed that how this is playing out in front of us and the mass media is totally in the dark about everything happening in Iraq...enjoy what the CBI is telling us and what they are doing. I truly believe this is about to happen during the middle of 2014. That may be at any time. We know this because the Governor of the CBI has told us this.
6-18-2014 Newshound Guru Adam Montana [IF it comes to past (?), do you think it might be a possibility to trade in, what we have now, for what might be Kurdish dinar?] Yes indeed! I do not under any circumstances think that the currency we hold will suddenly become "worthless". If the currency is changed, there will be a period of time to exchange it.
5-19-2014 Intel Guru TNT Tony Congrats Iraq- We understand you completed all the docs and processes required for the RV. Looking forward to the growth and success of your country!
6-19-2014 Intel Guru Frank26 "Mosul gave us many things, one is oil prices to go up just pre RV...Needs to reach 110 to 120." Well alright alright then.
6-19-2014 Newshound Guru Tlar The Sunni rebellion is the same. In Mosul a Sunni city supposedly held by the the insurgents...People are coming and going crossing two check points. No shots being fired. No fighting. Life has pretty much returned to normal for Mosul. This my friends is a CIA operation pure and simple the purpose of which is to remove Malki under the guise that terrorists are over running the country. The net result, the map of Iraq has been redrawn. Things that would have never been done through negotiation with Maliki's government are now corrected. As far as I have been told, it is imperative that once the government has been announced we will see two things. The first is world support for the new government in fighting terrorism. The second is an RV. For some reason it seems to be extremely important to those in control that Turki pull the trigger on or a little before July 1st. [post 4 of 4]
6-19-2014 Newshound Guru Tlar So what's really going on? The Kurds have recaptured what was the Kurdish territory...Maliki has occupied this Kurdish city since the beginning of his reign with the Iraqi army...This is the major city in the disputed territories rich in oil and is the fundamental reason for the fight over the disputed territories (article 140). The Iraqi army that was stationed in Kurkut that was there to "defend it", just dropped there weapons a fled. The big question is, who ordered the Iraqi army that was there to defend Kurkuk to lay down there weapons a leave? Simple answer. It was the CIA. Today the issue of article 140 has been resolved. [post 3 of 4....stay tuned]
6-19-2014 Newshound Guru Tlar The US does not want to be seen supporting the Maliki government, so you will not see any help until the new government finally announces itself. So look for Tuesday to see this new government meeting, and look to Friday to see it come together enough to be announced to the world. Maybe sooner. They want everything to be done constitutionally. No short cuts. No mistakes. Follow the constitution. They want to make sure there is no SOL or wiggle room for Maliki or any legitimate challenge. [post 2 of 4....stay tuned]
6-19-2014 Newshound Guru Tlar People in dinar land are scared that their investment has gone in the dumpster. I don't want you to think what you are witnessing in Iraq is total chaos or anything close to that. In the beginning this was never a take over by the ISIS....this is not what you are seeing in our press. This is not and has not been an insurgency of terrorists...The Obama administration is trying to remove Maliki. Maliki was strongly advised to leave two days ago. To date he has not heeded that advice. Maliki just announced today that the elections are now on hold. Nothing could be more further from the truth. Saleh Mutlag followed up in an article with a call to hold the first parliamentary meeting this coming week stating that they will elect a President and his deputies followed shortly by the announcement of the PM position. [post 1 of 4....stay tuned]
6-19-2014 Intel Guru Frank26 [IF JULY 1ST THEY SET GOV AND JULY 1ST THE KEY CARDS ARE READY, WON'T THE RATE HAVE TO COME FIRST?] IMO...Yes or Simultaneously.
6-19-2014 Newshound Guru Millionday "A source familiar with the Presidency of the Republic, on Wednesday that Vice President Khodair al will call the new parliament to hold its first session next Tuesday." it looks like they have moved it up a WEEK -- HUGE NEWS they have so much planned and they have moving alot up in the past week.
6-19-2014 Newshound Guru Stryker Article: "Lawmakers, allies reportedly press White House to withdraw support for Iraqi PM" Article quotes: "The Wall Street Journal reports that U.S. officials have indicated their desire for Iraq's political parties to form a new government without Maliki that would comprise representatives of the country's Sunni and Kurdish communities." "The Shiite Maliki's party received the most votes in Iraq's parliamentary election this past April, but it did not receive enough to form a majority government. Maliki's efforts to find partners in a coalition government have so far been in vain." FINALLY THE U.S. MEDIA STARTS REPORTING THE REAL NEWS IN IRAQ...IT TOOK YOU GUYS LONG ENOUGH...
6-19-2014 Newshound Guru Enorrste ...the CBI continues on its merry path toward moving from Article 14 to Article 8, as is evidenced by Turki’s statement yesterday that he is preparing to bring the dinar to the world stage. Maliki is using this "crisis" to get exactly what he wants: a continuation of his role as PM. He will promise these people anything they want, and then do whatever he wants afterwards. That has always been his modus operandi. The "crisis" will be shown to be his ticket to a third term. [post 2 of 2]
6-19-2014 Newshound Guru Enorrste Article: "Iraq To Be Partitioned Into Three Independent States?" I just don't think that a partition is even on the table at this time. What is on the table is to solve the insurgency crisis. You don't have to partition the country to do that. The entire idea of a 3 state or 3 country solution is “pie in the sky” talk. It will not happen...there is no majority will for this to happen. That in itself is necessary. Maliki receives no benefit at all from a breakup of his country. ...things like the breaking up of a country into 3 parts is not easy. In Yugoslavia it tooks years and UN intervention before anything was accomplished. [post 1 of 2....stay tuned]
6-19-2014 Newshound/Intel Guru BGG White House calling for Maliki's removal today. [Removal, as in voluntary or involuntary?] involuntary. [when are they looking to force him out?] Sounds like soon. [Do u think they will press charges against him?] The UN will - I am fairly certain. [So, if M is forced out in the next day or so, how long afterwards till the CBI decided to RV?] they just said early 2015, Maliki inner circle says before Aug - I don't think there are any hard answers just yet. [Will Turki even be there next year?] I highly doubt it. [Maybe this is the smoke they said would come right before the rv?] not impossible.
6-19-2014 Newshound Guru wmawhite amazed...how the CBI continues to makes preparation for the IQD. If Iraq was truly coming apart as the media reports...why would the CBI make this statement? Quote: "CBI: our reserves "safe" with banks abroad...CBI Governor Turki has said that the Iraqi reserves are safe and contained in banks abroad...the CBI has the ability to support the exchange rate of the dinar to the fullest extent...and without a roof"...without a roof... a ceiling...no limit to its value. [post 2 of 2]
6-19-2014 Newshound Guru wmawhite one friend of mine has been sending me numerous alerts about currencies from around the world that are adjusting up and down all in reference to Iraq...he is of the opinion that these currencies are being adjusted prior to the CBI announcing its new value. there will be no GCR...however, prior to the IQD's new value is released...many currencies will need to be adjusted...they may be doing that now...all currencies that are traded have a value in relation to each other...now insert the IQD which we believe will be quite valuable...all other currencies will need to be adjusted. [post 1 of 2....stay tuned] 6-18-2014 Intel Gurus TNT Tony & DC Then he came on the news and announced (with the CBI) that we are doing this based on prior agreements. We are going to the RV on Friday, with a specific rate and time...they have done all the agreements and have announced it will be on Friday. He has announced it throughout the entire world and throughout Iraq. The US mainly wants a stable Iraq, so instead of power-sharing, they are trying to get other positions filled by others than Maliki, to form a more inclusive government. In essence, Maliki has thrown down the gauntlet to everyone. Everything looks phenomenally good. Even Chalabi is happy with the position he’s been offered. Maliki has said THIS is the date and THIS is the rate, and that has never happened before. We have to wait and see. [post 3 of 3]
6-18-2014 Intel Gurus TNT Tony & DC That was yesterday. The US said, “Wait, hold on!” So the US stopped it again for various reasons. But the CBI said they calmed everyone down, and it’s our country and we’re doing this. That fight went back and forth several times last night. CBI is still geared up to get this thing out. Now Maliki is no longer the PM although he is acting like it. M said, “If I can get this RV done here, today, what about making me PM again?” A lot of the folks came back and said, “If you get it done, sure. Good luck.” He got smacked down last night, so how could Maliki get this accomplished? [post 2 of 3....stay tuned]
6-18-2014 Intel Gurus TNT Tony & DC [via Adept1] Maliki basically told everybody he would do it just before the government had it’s last power. At the last minute, the US came in with security problems and saying it was not great for us right now. In essence, they worked out a deal. Bottom line, M got what he wanted, and President Obama got what he wanted...It was a good deal for both Maliki and President Obama. They seated the government yesterday...They announced the seating of the government and...Chalabi said he would be the next Prime Minister. Meanwhile, the CBI said, we are tired of all this, we don’t like the agreement, and we are doing it now that the government has been seated. They notified the BIS , and the BIS notified all the other central banks. [post 1 of 3....stay tuned]
6-18-2014 Newshound Guru Aggiedad77 Article: "Iraqi dinar regain "a bit of stability," a week after wobbling because of security threats" CBI claims they have sufficient reserves to address the current crisis and maintain the exchange rate...basically business as usual for them...there were increased demands for the dollar last week amidst the security crisis as it unfolded but this week has seen more stability.
6-18-2014 Newshound Guru Adam Montana [Whoever pulls the trigger on financial prosperity (RI/RV) stands to create loyalty and promote stability. The way I see it, it still just remains a matter of time. IMHO.] I do agree with you - while it's not encouraging to see the current happenings, Iraq has come very far and I don't think this is going to destroy the important structure that Iraq has rebuilt nor do I think this will put an end to Iraq's potential and future progress.
6-18-2014 Intel Guru Okie_Oil_Man AUTHORIZATION TO THE BANKS FOR THE EXCHANGE CAN ONLY BE MADE BY THE UST AND NOT ANY GROUP OR INDIVIDUAL. YOU WILL ONLY EXCHANGE AT THE PROPER TIME AT A BANK THAT HAS THE AUTHORIZATION AND A REPRESENTATIVE OF THE UST AT THAT BANK. THE QUESTIONS SURROUNDING THIS POST WILL BECOME MORE TRANSPARENT AND PROVED WITH LATER POSTS. I PLAN ON MAKING ANOTHER POST LATER ON TODAY AND WAS REQUESTED BY THE UST TO MAKE THIS POST IMMEDIATELY TO PRECLUDE PROBLEMS WITH UNAUTHORIZED INDIVIDUALS OR GROUPS. REGARDLESS OF WHAT YOU HEAR DO NOT CALL BANKS, DO NOT GO TO BANKS, DO NOT INTERFER WITH AN ONGOING PROCESS. [post 2 of 2]
6-18-2014 Intel Guru Okie_Oil_Man THIS IS AN OFFICIAL AUTHORIZED POST. THERE ARE GROUPS BEING FORMED FOR THE PURPOSE OF EXCHANGING YOUR FOREIGN CURRENCY. AS PER US TREASURY SOURCE NONE OF THESE GROUPS ARE AUTHORIZED BY THE UST AND ARE NOT CONSIDERED AS A AUTHORIZED OR RECOGNIZED GROUP. AT PRESENT THEIR ARE ONLY 1 AUTHORIZED GROUP AT THIS TIME. YOU UNDER NO CIRCUMSTANCES ARE TO SEND YOUR DINAR TO ANY OF THESE GROUPS. THEY HAVE NO AUTHORITY TO FORM OR BE RECOGNIZED AS A VALID AUTHORIZED GROUP REGARDLESS OF WHAT THEIR STATEMENTS ARE TO YOU. [post 1 of 2....stay tuned]
6-18-2014 Intel Guru TNT Tony All good news but no action (yet).
6-18-2014 Intel Guru Frank26 Do not know the date but my Spirit says once the CBI is Satisfied with the GOI...We will see an IR (International Rate). Because in further examination I strongly believe the IMF is Satisfied with the CBI. The way my Spirit sees it is that we have something in common with the CBI and IMF...We are both watching and waiting.
6-18-2014 Newshound Guru Adam Montana The current situation is pretty serious over there - ISIS is not a good organization and they are making progress in their initiative to take control. If the GOI doesn't start handling business, it's going to get worse. It's my opinion that Iraq is going to need outside help - they simply aren't doing an effective job of defending their cities. My thoughts and prayers go out to the innocents that have and will be affected by the current situation, and I hope to see a quick end to the radical terrorist invasion that is currently taking place. [post 2 of 2]
6-18-2014 Newshound Guru Adam Montana ...while Iraq has taken a step back, and I don't expect to see this blow over very quickly...all is not yet lost. There will be no RV tomorrow or this week or probably not even this month, which takes us right into Ramadan (basically the whole month of July). In the past, I have always maintained that no RV would happen during Ramadan. Depending on how the next couple weeks go, I may change my stance on that statement...we will just have to watch as events continue to unfold. [post 1 of 2....stay tuned]
6-18-2014 Intel Guru Delta On Iraqi tv they announced to the citizens: we told you about the Qi cards and you are to report on July 1st to get paid.
6-18-2014 Newshound Guru Chattels Market Rate bounced upward to 1,217 today. [is that because the cbi is charging for a larger spread?] not sure of such. what occurred to me is that one should expect some change given the dramatic circumstances in Iraq if the auction info is REAL.
6-18-2014 Newshound Guru Millionday Article quote: "House of Representatives held its first session of the newly elected for the 2014-2018 legislative session in 30 of the current month of June, after the passage of 15 days from the date of approval of the Federal Court on the results of the parliamentary elections as stipulated by the constitution after the Court confirmed the results on Monday 06/16/2014." the calculation of this order puts the new parliament in their chairs on the July 1st date... excuses will not be listened to this time...the new names were certified and done...and they shall start work in two weeks... they are saying that the four names that did not make it through the certification process will not hold up the seating of the parliament due to the constitutional orders and compliance -- they will be working and sworn in with the names of president and deputies by majority vote -- dont even need quorum.
6-18-2014 Newshound Guru Aggiedad77 Article: "CBI: our reserves "safe" with banks abroad" CBI Governor Turki has said that the Iraqi reserves are safe and contained in banks abroad...the CBI has the ability to support the exchange rate of the dinar to the fullest extent...and without a roof...interesting choice of words....gold reserves have been doubled three times just in the current year...the masterful things the CBI does while everyone's attention is on other things.
6-18-2014 Newshound Guru Kaperoni [if they let it float right now its already going in the downward motion . whats to keep it from falling more and more every day. the only reason its where it is now is that the CBI is holding it there.] the dinar is managed now through what is termed a "currency board" or fake daily auction where citizens buy dollars, sell dinar in country under Article XIV. The value of the dinar is in a pegged "exchange regime" to the dollar. The exchange rate does not move and only the Market Rate changes based on these auctions. When the CBI moves to Article VIII and the dinar becomes a worldwide convertible currency, it also will have a new "exchange regime" in which the currency will no longer be pegged to the dollar and will some sort of float thus allowing it to find its true value based supply and demand as the world sees its worth. Significant difference here from an internally managed currency to a real world currency. 6-17-2014 Intel Guru Okie_Oil_Man [via Sambo] ...WAITING FOR THE AUTHORIZATION TO MAKE THE POST. [reference Okie's prior post 6-17-2014]
6-17-2014 Intel/Newshound Guru Poppy3 I HAVE QUOTED MANY TIMES WHAT THE CBI GOVERNOR STATED AND WHAT THE IMF HAVE STATED AND EVEN PLACED ON THEIR WEB SITE FOR 3 DAYS. $3.22 PLUS UP TO 20% MORE FOR POSSIBLE INFLATION DURING AND SINCE THE WAR STARTED AND YES THERE HAS BEEN MUCH INFLATION AND INCREASE IN RESERVES SINCE THAT TIME SO THE RATE WILL BE ACCORDING TO WHAT THOSE FIGURES BRING THEM. WE KNOW ALSO THAT THEY HAVE STATED MANY TIMES THEY WILL BE WITHIN 10 CENTS UP OR DOWN TO KUWAIT AND I READ TODAY THAT KUWAIT IS NOW AT $3.65 SO THAT WOULD GET US FROM $3.55 TO $3.75. NOT SET IN ANY RATE FOR SURE BUT JUST POSSIBILITIES. [post 2 of 2]
6-17-2014 Intel/Newshound Guru Poppy3 RV IS STILL A FEW DAYS AT BEST AWAY BUT IS STILL MUCH CLOSER THAN EVER. THE GOI AND FINANCIAL BODIES ARE STILL PLANNING AND MOVING FORWARD. POLITICAL DEADLINES AND FINANCIAL DEADLINES HAVE BEEN SET AND ANNOUNCED BUT WE ALL KNOW THEY ALMOST NEVER HAPPENS ON THE DEADLINE BUT THEY WILL NOT MISS THEM MUCH. MUCH TALK ABOUT RATES AGAIN...AND ZERO HAS CHANGED ABOUT RATES FROM ANYONE THAT HAS ANY SAY ABOUT WHAT THE RATE WILL BE. [post 1 of 2....stay tuned]
6-17-2014 Intel Guru Mnt Goat I believe we will see the RV soon as I have stated many, many times but only when parliament is seated, the president is seated, the prime minister (Chalabi) is seated, and all his ministers are seated. They (meaning the USA) are not going to repeat the mess they had back in 2010 with Maliki. They will use the currency reform as leverage to get the government formed and fully functional. Then they will pop the currency out to the international markets...this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable and is a functional government. This is has been the plan all along. [post 2 of 2]
6-17-2014 Intel Guru Mnt Goat Finally yesterday the Federal Court announced the ratified of the election results. However there are 4 candidates that are being withheld...The reason for not ratifying these candidates is unknown... It was...announced yesterday in Iraq that Ahmed Abdel Hadi Chalabi would be the national alliance/citizens coalition’s candidate for prime minister. I have an excellent source in the Iraq government and they are telling me Chalabi is the new prime minister, as we will all witness very shortly. I can see Iraq is trying to progress quickly in the completion of setting up their new government. [post 1 of 2....stay tuned]
6-17-2014 Newshound Guru Stryker The news is much better than reported on our main stream media folks...
6-17-2014 Intel Guru TNT Tony Yes it is true. A new PM in Iraq and it is official. Government officially seated today. We are next.
6-17-2014 Intel Guru Okie_Oil_Man 4.40PM CST-- I EXPECT TO BE MAKING A VERY IMPORTANT ANNOUNCEMENT WITHIN THE NEXT FEW HOURS---AS PAUL HARVEY USED TO SAY--"STAND BY FOR NEWS"!
6-17-2014 Newshound Guru Aggiedad77 Article: "Will chair the opening session of the new parliament and government rescue of the free and the citizen and the other blocks, headed by Chalabi" This is awesome news and comes on the tail of [Guru] Frank's announcement ...that Chalabi would be the name put forth by the National Coalition as Prime Minister when the new Parliament comes together for their first session...with this new government it is expected that a reformatted agreement with the US will be forthcoming...
6-17-2014 Intel Guru Frank26 ...our opinions on C [Chalabi]...For now this is ONLY A nomination. They will share with You at a very slow pace. ...worry not about what they say...Focus instead on what they do. They want You to understand their feelings as a nation on who they want as PM. While M [Maliki] invokes all methods to keep his position as PM ...Attention is turned to C [Chalabi]. There are many CHANGES forming in Iraq...IMO a change of PM would compliment a new Beginning.
6-17-2014 Newshound Guru Tlar We have seen only one article so far that the NA chose Chalabi as their PM. Originally I thought maybe it had been released early and it was pulled. It turns out the newsite that released it went down right after it was released and that the article is most likely a good article. So this is not over but it should be over very soon. The next government will be formed before the end of the month. Maliki will be out. [post 2 of 2]
6-17-2014 Newshound Guru Tlar Maliki refuses to leave in the face of countries all over the world telling him to get out. He lost the election but still he stays. He has lost his immunity but still he stays. This morning he announces that he doesn't need emergency powers because he already has them under a law he tried to push through parliament a while back, - THE NATIONAL SAFETY LAW. Parliament did not approve such a law. This morning the legal guys in Iraq have said this is another illegal move to stay in power and that it does not give him any powers to act as though a state of emergency exists. [post 1 of 2....stay tuned]
6-17-2014 Intel Guru Frank26 [via R601a] parliament seated before the end of this month...ISX international on July 01 - will need real value...Maliki in caretaker mode...Turki said mid year major changes will happen to currency...Expect announcement this week that political situation is under control - ie stability...something VERY important to be announced in next 2 weeks...Delayed issue of Qi cards that were to be issued last weekend - waiting for RV?...Qi cards when issued will be international at the NEW RATE - contractors are being held up using these cards...All laws relevant to RV have been passed and processed.
6-17-2014 Newshound/Intel Guru Eagle1 [via R601a] [We passed the 15th will we see a seated Gov in June?] IMO by 28 - 29th June.
6-17-2014 Intel Guru Delta [via R601a] No gov seated in June. Parliament seated in June. Gov will not start until end of July to the middle of August. But this has nothing to do with the monetary policy. CBI can RV at any time - fully authorized to RV at any time they wish - very likely within the next 2 weeks - was told that a major announcement near the end of June...be happy - something very good is going to happen very soon.
6-17-2014 Newshound/Intel Guru Bluedog I HAVE BEEN WATCHING THE OIL IN IRAQ AND ALL OIL COMPANIES HAVE HAD NO PROBLEMS...IF YOU WERE ISIS YOU WOULD HIT THE OIL FIRST (WINK)...THATS IRAQS ECONOMY BUT OIL GOES ALONG WITH NO PROBLEMS.
6-17-2014 Newshound Guru Stryker Article: "Asadi: the first session of the new parliament after consulting political leaders" the Vice President Khodair will call the first session and it looks like they could call it early, after determining the right date...the first session can be held anytime after the ratification of the election results but before 15 days from the date of ratification. My point is, they can speed up the process to help boot Maliki to the curb and take control of the mess he has caused.
6-17-2014 Newshound Guru Kaperoni [...why did the CBI jump 57% today...] a 57% jump in sales in the daily auction means that there was an increase in demand for dollars which in essence means Iraqis are probably dumping the Iraqi dinar in wanting the dollar. when demand goes beyond the cost of imports and it becomes the citizens desire then the currency in the country becomes less desirable which is not good for us. 6-16-2014 Newshound Guru Stryker We still need confirmation on this one but it sure looks like Maliki is out and Chalabi looks to be the one and only National Coalition nominee. Confirmation is the key but it sure is looking good folks!
6-16-2014 Intel Guru TNT Tony A month ago, two weeks ago, Friday we didn't think we'd have to wait for the new PM. But it's now part of the new agreement and it's not going to be weeks or months. We're getting calls from people over there telling us it's not like what we're seeing on TV here. There are some things going on but not like that. We are still in a good place and things are moving along very fast. We are almost there. [You think we have a good opportunity for this week?] Yes, you should have been in there this morning. If I have to give a back wall, it would be July 1. But the plan isn't for it to go that far. [post 2 of 2]
6-16-2014 Intel Guru TNT Tony [via Adept1] You should be at the bank right at this moment. But the schedule was blown apart. I want to give more details without getting us in trouble. Okay, lots of money at stake. It's Maliki's last day/week in office and things could get out of hand. Some could take money that doesn't belong to them and run. Some could be forced into those situations here at the last minute. It has gone as far as some reaching out to others asking for help to protect their money. Those issues had to be worked out and a deal was put in place. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru DC [via Adept1] Bottom line is that a very last-minute agreement was reached at the very last minute to not release this to the public until the GOI is seated and going through. They wanted a smoother transition. We understand that's any minute, any day. They are announcing they have the votes and it frees up again when it becomes official and goes forward. [Do we have to wait until 7/1 for them to announce the new GOI?] They are supposed to announce the new GOI at anytime, any day. Could be at any time. I'm going to say that things are looking extremely good.
6-16-2014 Intel/Newshound Guru Poppy3 JUST GOT ANOTHER TEXT SAYING PM NAMED A COUPLE HOURS AGO BUT HAVEN'T CONFIRMED THROUGH ANY SOLID SOURCE AS OF YET...I WILL HAVE TO SEE IT ANNOUNCED BEFORE IT WILL BECOME REAL TO ME. WE NEED TO JUST WAIT TILL THE BIG DOGS TELL US FOR SURE. [is it possible that the RV could still come roughly the same time as the PM announcement?] I DON'T THINK THEY WILL BE FAR APART. SEVERAL THINGS STILL PENDING AND THEY CAN ALL HAPPEN ALMOST SIMULTANEOUSLY...THEY HAVE REPORTED THE HCL AND 140 AND TARIFF LAWS AND REGULATION ARE AGREED ON AND JUST NEED IMPLEMENTATION.
6-16-2014 Newshound Guru Tlar I am confident that everything will work out once Maliki is gone. I will not minimize what has happened and is happening is not serious and could get worse. It is difficult to remove a dictator and no one really knows in the end what measures you will have to go to, to do it. I would point out that no one is backing this government which I find strange. Everyone is backing the people of Iraq. That's why I continue to say this is not what it seems. No matter the truth of what's going on will come out very soon. Iraq will have a new government. By the way, the CBI has been continuing through this crisis to make the changes in preparation for something. It has been business as usual for them. They don't seem to have missed a step. [post 2 of 2]
6-16-2014 Newshound Guru Tlar Many residents are returning to the towns that are listed as taken over In Mosul which is the 2nd largest city in Iraq there are two check points going into and out of the city. People who evacuated are already returning and yet the city is still under control of "the insurgency". I realize the news we are getting in this country tells a different story and it is somewhat because of the confusion on the ground, but this will soon sort itself out unless something new comes into the picture. [post 1 of 2....stay tuned]
6-16-2014 Newshound Guru Millionday ...there is a lot on the news of fear in Iraq of civil war -- the service men and volunteers have done a great job but there is a lot of violence in the country. Article quote: "Despite the challenges and difficulties faced by Iraq, but the property rights guaranteed are not affected by the current crisis..." the country is actually showing a healthy isx in country. they are monitoring for compliance and also looking at the index to see if the security problem is causing a drop and it seems -- not much -- thats great. this means that the constant or predictable rate that is imposed now is holding so they are being successful -- stability in the market especially in a time such as this is very important and obviously they are showing stability.
6-16-2014 Newshound/Intel Guru BGG this is still the "End Game..." for Maliki. It is becoming more and more widely accepted that Maliki is really bad for Iraq. Lots of news pieces. I didn't expect him to go quietly...It is a complex situation - many human rights tragedies going on... it is heart breaking. The financial aspects are - minor in comparison. We should be in prayer for this nation. It is in some peril. I believe it will get worked out quickly once leadership change takes place. [how long before you think it will take to get the government changed?] tough to say - supposed to have elections certified and new Parliament seated soon.
6-16-2014 Intel/Newshound Guru Poppy3 I WAS...TOLD THE ELECTION RESULTS WILL BE ANNOUNCED WITHIN THE NEXT 72 HOURS. LIKE I HAVE SAID BEFORE THEY HAVE NEVER MET THE FIRST DEADLINE... THE GOOD NEWS IS THEY ARE STILL ON IT AND MOVING TO FINALIZE ALL THE STEPS THEY NEED TO ACCOMPLISH. I THINK IT IS POSSIBLE THEY WILL ANNOUNCE THE RESULTS TOMORROW [MONDAY]. TIME WILL TELL THE FACTS.
6-16-2014 Intel Guru Frank26 If we have SECURITY and STABILITY then watch the OIL of IRAQ flow like LAVA. The KURDS are in control is not just a catch phrase...It is A PLan. Articles are good but the KEY is we are BACK to the end of o's [Obama's] mistake in 2012. As if our USA Troops never left. Article 140 is alive again. The cost for oil goes up and so does the SALE of it? Not ironic...A Plan. Back to the end of 2012 when o made his mistake to pull out of Iraq TOO EARLY! USA TROOPS...Only...BACK in Iraq. A Plan! IMO, MR (Monetary Reform) Dominoes are falling like Giant Redwood Trees.
6-16-2014 Intel Guru TD The Kurds also have grabbed Tikrit and they are ready for an independent state. IT IS VERY POSSIBLE that a new state dividing the nation into 3 factions is the ultimate outcome after the fighting and sorting through is done. EVERYONE in Iraq is disgusted with the status quo and each faction says THEIR future does not include the other two. Whatever happens, this sad mess will take months & months to sort through. [post 2 of 2]
6-16-2014 Intel Guru TD Calling real time events being covered by now, the world media, "smoke", "sideshow", etc. is a real insult to those who are living it and suffering from the breakdown of Iraq. IMHO, posters need to be more respectful to this human tragedy. It is "real" and it brings about severe uncertainty for the immediate future. We have to keep in mind the Sunni-Shiite discourse has it's roots back to the 17th century and will NOT (this time) just evaporate. ISIS is still gaining and NOT being defeated or retreating. By stealing over $400 million dollars (in Mosul), capturing military hardware, etc. from the GOI, it has momentum, the might & funds to furnish it's cause. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru Hub [we need the dinar history post - motivational.] well here we go...go to the 1955 funk and wagnels and you will see the iraqi dinar exchange value was $2.55, at that same time, the dong was $2.20 and it kept its value until france went into the country...and we all know the dinar was $3.22 with sadam...so now that all the unbelievable resources found in iraq, it has to go up to the value of the country.
6-16-2014 Intel/Newshound Guru Poppy3 Article quote: "Days after Iraq's second-largest city fell to Al Qaeda-inspired fighters, some Iraqis are already returning to Mosul, lured back by insurgents offering cheap gas and food, restoring power and water and removing traffic barricades." Only days after Mosul fell, Iraqis return to find lower prices, restored services and more. like old POPPY3 TOLD YOU THINGS WILL CHANGE FOR THE BETTER VERY FAST.
6-16-2014 Intel Guru Bluwolf THE OCCURRENCES IN IRAQ IS JUST A SIDESHOW THAT WILL DISAPPEAR...SEE THIS IS HOW COVER UPS TRANSPIRE AND THIS IRAQ ISSUE IS JUST THAT, A BUYING OF TIME IN ORDER TO GET SOMETHING PUT IN PLACE. I WILL SAY THIS THOUGH...WE ARE FINALLY THERE FOLKS NO MATTER WHAT IT MAY SEEM LIKE... [post 2 of 2]
6-16-2014 Intel Guru Bluwolf THE CURRENT STORM OF EVENTS IN IRAQ DOES NOT CHANGE THE IMMINENT GLOBAL RESET. NOTHING HAS CHANGED FOR I HAVE NOT RECEIVE A WORD ON THIS SUBJECT. THE UST IS ON LOCKED DOWN AND BANKS HAVE BEEN ALERTED. SOME...ARE SAYING THAT THE DONG WILL COME OUT TOMORROW [MONDAY] AT .47 AND THEN GO UP WITHING 4 OR 5 DAYS. THIS I DO NOT BELIEVE TO BE TRUE. THE DONG DOES NOT NEED TO FLOAT FOR IT ALREADY IS A TRADEABLE CURRENCY. THE INTERNATIONAL RELEASE SHALL BE COMING OUT FULLY ALL 198 COUNTRIES SHALL APPEAR AT THE SAME TIME. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru Jester I DO NOT SEE THAT MUCH HAS CHANGED IN THE WAY IT NEEDS TO START PROGRESSING YET... HIGH HOPES THAT SOME OF THE THINGS GOING ON WILL GENERATE SOME MOMENTUM FOR THAT FIRST DOMINO TO FALL...SEEMS LIKE EVERYTHING IS LINING UP.
6-16-14 Newshound Guru Tlar So by Monday, Tuesday or Wednesday we should see the process again moving along only IMO it will move quickly because all the main players have already been chosen and agreed to. So potentially up to Friday next week everything will continue to look confusing especially if you are reading the US media. Everything will become much more clear by next Friday or before. The crux of the hold up is the election results not having been ratified yet. [post 2 of 2]
6-16-2014 Newshound Guru Tlar The process to change the country has begun. Maliki tried to get the federal court to grant him the state of emergency and they declined. So he just declared it all by himself. Everyone is ignoring his self proclaimed state of emergency. The parliament is the only organization that has the power to grant a state of emergence and rather than do that they called for the government to resign. ...the election results will be released in the next two to three days. The election committee had reported that the numbers floating around a week ago will not change much. Once the election results are ratified the new parliament will meet and get down to the business of changing the government which is now operating under a caretaker government. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Eagle1 IMF and World Bank are also waiting for the formation of the new government so that they may finalize the rates of Iraqi dinar against US dollar. Our sources say that they already have given the rates to the IMF, the lower and higher for the completion of the revaluation of the Iraqi dinar. The final discussion is left for the implementation of revaluation of Iraqi dinar. A member of finance committee of Iraq told us that revaluation of Iraq dinar will be occurring in the next couple of days as the new government is formed after fulfilling the legal procedure. [post 2 of 2]
6-15-2014 Intel Guru Eagle1 The new government is going to take its responsibilities by the mid of this month - means before the 15th of June. The priority of the Nuri Al Maliki administration is to increase the value of Iraqi dinar in the international market. Now it is time to play, as the ground is ready and the stage is set for them. Just a few political issues are behind the scene that are major obstacles for the government and central bank of Iraq to take action. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Delta THERE IS A LOT OF WRONG INFORMATION COMING THROUGH THE MEDIA, CNN, FOX, ETC.
6-15-2014 Newshound Guru Aggiedad77 We know that things are not as they appear, especially with the bought main stream US media...information precedes anything the media itself can or will divulge...by three days to a week...IMO...all is good...the store will be having a "Grand Reopening" soon..."Under New Management."
6-15-2014 Intel Guru TNT Tony we are still going in the right direction; just slowed down a little. Still looking for a great Monday.
6-15-2014 Newshound Guru Tlar FLASH NEWS. Maliki appoints himself premier of Iraq. His Excellency wants to be called king and everybody to bow in his presence. Can he do this? NO. This is about as effective as declaring your own state of emergency. So who listens to him anymore? Certainly not the opposition. This fool can declare unilaterally anything he wants. No one is paying anything more than lip service to him until he is gone.
6-15-2014 Newshound Guru Millionday the reforms in the country will not be held up by terrorists...the ministry of finance and the parliament and CBI will still be working and the plan for the country will go on --- they will just be taking care of the terrorism in the department of defense. [post 2 of 2]
6-15-2014 Newshound Guru Millionday [Did I just read that they're going ahead with economic and monetary reform before the budget is done?] yes and this is not the first time we have seen it -- Turki held a press conference when the banks notified him that they were prepared with their part and stated he would move forward with or without it in place [so every action is moving in a positive direction?] yes it seems as though with the economic announcements we have seen that they are as ready as they say they are...and all the talk of their market and how they are going to make a huge impact in the global market...that would make no sense unless THEY PLAN TO BE INTERNATIONALLY RECOGNIZED... [post 1 of 2....stay tuned]
6-15-14 Intel/Newshound Guru Poppy3 MY INVESTMENT IS SAFE...MY DECISION IS MADE I AM GOING TO SEE THE RV AND I AM GOING TO SEE IRAQ DINAR TRADED INTERNATIONALLY IN JULY JUST LIKE THEY STATED SEVERAL TIMES. MALIKI WAS INJURED YESTERDAY BUT WAS BACK HAVING MEETINGS TODAY [SATURDAY] BEGGING FOR AMNESTY AND MAKING MANY MORE PROMISES THAT THEY KNOW HE WOULD NEVER KEEP. [post 2 of 2]
6-15-2014 Intel/Newshound Guru Poppy3 i have received many emails asking the same question? [should we bail and sell for what we can get for our dinar since the civil war has started?] WELL HERE IS MY REPLY...HELL NO!! FIRST OFF THERE IS NO CIVIL WAR. SECOND I MADE THE RIGHT DECISION BACK MANY YEARS AGO WHEN I DECIDED TO START THIS INVESTMENT AND I STILL STAND ON THE FAITH I HAVE HAD EVERY DAY SINCE. ...I AM CONVINCED BEYOND A SHADOW OF DOUBT THAT THIS IS ALL ...A POLITICAL MOVE TO TRY AND STAY IN POWER EVERY DAY POSSIBLE FOR MALIKI AND I KNOW THE FINANCIAL WORLD WILL NOT STOP THEIR PROGRESS IN PREPARATION TO MOVE IRAQ TO THE WORLD STAGE FINANCIALLY IN SPITE OF POLITICS AT THIS POINT. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Mnt Goat We are looking at having this all completed by July 14th as an outside window. Must they complete all these tasks first to see the international revaluation of their currency? No - I do believe the USA will complete the revaluation process just before or just after the formal announcement of the new government officials. This is my opinion. Another Option...There are sources now telling me that the USA may wait for everyone to be officially seated and to observe the first real working session of the parliament prior to rolling out the revaluation. I just don’t think they (meaning the USA) are going to allow this to happen again. Remember that the IQD has already had in-country revalued at a rate of $3.41 earlier this year so we can expect a rate equal or greater to this amount. We now just await the international rollout. [post 2 of 2]
6-15-2014 Intel Guru Mnt Goat There has been no announcements yet in Iraq on the new government. Even the Iraqi citizen awaits the news. It was announced today that the new parliament will open it’s first official session on June 30. I would expect we should see the announcement of the final election results either today or tomorrow. So the next step in the election process in of course the formal announcement of the election results. Then the taking of the oath by all new parliament members. These new members then will vote on the candidate for president (as presented to them by the controlling bloc as winners from the election) in the next session. The president then will announce the new candidate for prime minister to the parliament, which will then ratify and seat him in the assembly. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz35OjzZaP9
6-14-2014 Intel Guru Frank26 [DO YOU THINK THAT M WILL BE THE NEXT PM?] THINK THAT HIS PARTY WILL BE THE VICTORS BUT I FEEL THAT THEY ARE HESITANT IN PROCLAIMING M AS THE PM ...I LEAN IN THE DIRECTION THAT THEY WILL GO IN THE OPPOSITE DIRECTION OF APPOINTING M AS THE PM. ESPECIALLY WHEN WE SEE TWO MUSLIM LEADERS GIVING CHALIBI (SP?) THE GREEN LIGHT AND THEIR APPROVAL FOR HIM TO BE PM.
6-14-2014 Newshound/Intel Guru BGG [do you think Maliki was injured or killed as poppy3 heard yesterday? If not, could it be a ploy or excuse for him to exit stage left?] I, too, heard that rumor - don't know what to make of it just yet. [do you think with all the turmoil going on that they would even think about RVing or just wait till after things settle down.] not sure - but like I always say - "this ain't status quo".
6-14-2014 Newshound Guru Adam Montana [each year you say nothing will be done during Ramadan, does that hold true this year? With possible govt in place as well as ISX going international July 1 do you think possibility of RV just prior to Ramadan or during Ramadan or will we wait a month if not done prior to Ramadan?] At this time I would place my wager on "nothing will be done during Ramadan", but the current situation makes me consider hedging that bet. We will have a better idea over the next couple days/weeks.
6-14-2014 Newshound/Intel Guru BGG I doubt Maliki will be "immediately removed" on Monday as some are suggesting...but there seems to be a very real sense of urgency on his part over this weekend for some reason. there was also a very real "shot across his bow" by the POTUS yesterday saying we wouldn't make any decisions until after the weekend - meaning they weren't going to support the "official Maliki GOI" - but potentially the Iraqi people later on under more of an "inclusive government" - his words... the weekend being the start of the new Parliament (supposedly) - we'll see...
6-14-2014 Intel Guru Frank26 Article: "Maliki threatens to ban Al Arabiya News in Iraq" Quote: "The Iraqi government threatened on Saturday to close the Baghdad office of Al Arabiya News Channel and ban correspondents of both Al Arabiya and sister news channel, Al Hadath, from reporting in the country." I said M was mad at media for the TRUTH they were printing about him and PM status.
6-14-2014 Newshound Gurus Bondlady & tlm724 this is what was needed, for them to set aside their differences and work as a team, before they didn't even know how but now its crucial to save their home land...then and only then will Iraq fulfill its destiny. believe it or not this is going to work out and they will feel brotherly to one another when they see they all worked together to save Iraq and finally realize that it is truly possible...they needed security, well their getting it in a huge way! By the time its done Iraq and its borders will be secure. And hopefully with the new government and new parliament and a majority gov this time they will excel in a huge major way. [post 2 of 2]
6-14-2014 Newshound Gurus Bondlady & tlm724 whats so good about this horrific event [is] that for the 1st time in 1000's of years there are no Sunnis, Shiites, Turks, communist etc...they are all one! and maybe just maybe by them all working together this is just the push Iraq needs and needed to FINALLY go forward with the great destiny that is truly in store for Iraq. President [Obama] threw down the gauntlet yesterday, IF you want our help then WE want you to work together politically, that's the key POLITICALLY. [post 1 of 2....stay tuned]
6-14-2014 Newshound Guru chattels I am reading where some commentators are saying that Maliki loses his powers as Prime Minister on the 15th when a "caretaker government” begins. My understanding is that in a parliamentary form of government that the incumbent government is the ” caretaker government ” until the next government is seated and of course that would mean that Maliki is the chief executive until replaced by a new government.
6-14-2014 Intel Guru Jester [I was out of town...about the time everybody claimed that Maliki announced the In Country RI...Did that really take place or not?] I SERIOUSLY DOUBT IT... AS I TOLD YOU BEFORE... THERE IS NO WAY THAT IS HAPPENING WHERE NO ONE WOULD KNOW... IT WOULD BE ALL OVER.
6-14-2014 Intel/Newshound Guru Poppy3 I WAS TOLD LAST WEEK THEY DO HAVE THE NEW PM CHOSEN BUT THEY WOULD NOT ANNOUNCE TILL THE 15TH AT THE EARLIEST. I WAS TOLD HE IS A PERSON FOR ALL THE PEOPLE OF IRAQ. THE SO CALLED WAR INSIDE IRAQ WILL NOT SLOW DOWN THE FINANCIAL RESTRUCTURING AND I ...GOT ANOTHER GREAT CONFIRMATION OF THAT SAME INFORMATION. I HAVE NOW HEARD SEVERAL TIMES MALIKI WAS INJURED OR KILLED TODAY IN A SUICIDE BOMBER ATTACK. TIME WILL TELL . FINANCIAL REFORM WILL CONTINUE TO MOVE FORWARD THEY HAVE NOT BEEN DETURED YET.
6-14-2014 Newshound Guru Millionday the 15th of june is sunday and that is when we were told we would hear of the new government announcement -- the news is full of remedies and countries trying to help to resolve the danger and terrorism --Maliki is alive -- and the economic side of it is that they are planning their new industry to be technical and advanced through investors and innovation.
6-14-2014 Newshound/Intel Guru BGG CIA...confirmed what I have been saying all along. ISIS in Baghdad is a non-issue... they won't do it or can't. ISIS is a guerilla unit. Frontal war is not in their favor. There were the magic words from the President (on FOX...). They intend to wait until after the weekend to have "final consultations" about what exactly we do - Iraqi leaders need to demonstrate a willingness to "include all parties" in the government which means they want the new Parliament in on Sunday and a partnership government. 6-13-2014 *** Dinar Guru News Flash *** Many gurus are reporting terrorist have caused mayhem in several parts of Iraq...that Iraq is at a crossroads. Election results, critical laws and the future stability of Iraq hang in the balance of what transpires over the coming days...weeks. Stay tuned...much more to come as it's reported.
6-13-2014 Newshound Guru Tlar Reports that Maliki has been injured or killed are circulating but nothing is confirmed. The word is out that the federal court has verified the election results but that to has not come out in an article yet. This will get very interesting by Monday of next week. I believe the new parliament will be seated by then and quickly begin the work of putting the government together. Tomorrow we should start to see positive reporting on the ground in Iraq that is more accurate of what's really taking place. We are in the last chapter of this book. So relax and savior this moment in our investment. Iraq is in the process of birthing a new democracy right before our eyes. [post 2 of 2]
6-13-2014 Newshound Guru Tlar This report from me will counter everything you will see and have seen on you evening news. The ISIS is being soundly beaten. I can also assure you that Maliki's dirty hands will be found all over this crisis. Chalabi today called Maliki's government inept and corrupt, and yesterday Chalabi called for Maliki's resignation in a news article. The NA itself has called upon the SOL to un-nominate Maliki so they can form the new government now. Although not officially announced, I am sure it will be Chalabi... [post 1 of 2....stay tuned]
6-13-2014 Intel Guru MarkZ Lots of expectations this weekend. Stay grounded as always, but it does very much appear to be highly possible. The news has been good.
6-13-2014 Intel Guru Frank26 [WILL WE SEE A SEATED GOVERNMENT BY THE 15TH?] I FEEL A PM HAS BEEN ESTABLISHED. IF SO...IT WAS DONE AT THE SPEED OF LIGHT. IF MY ASSUMPTION OF A PM IS TRUE THEN THAT WOULD BE THE CHERRY ON TOP OF THE CAKE TO SIT THE GOI THIS SUNDAY. IMO...THE CBI SHOULD GIVE AN IR (International Rate) TOMORROW TO THE NEW PM SO THAT HE CAN GIVE IT TO THE NEW CARETAKER GOVERNMENT THE FOLLOWING DAY ON THE 15TH WHEN THEY ALL SIT TOGETHER REPRESENTING NOT ONLY IRAQ BUT THE POWER AND POTENTIAL OF HER ECONOMY AND THEIR CURRENCY.
6-13-2014 Intel Guru DC [via Adept1] [Is Maliki in or out?] He is currently PM, he would love to stay another term, but it doesn’t look good. The interim government starts on the 14th, and he will not be PM unless he arranges that at the end – unless he pulls a rabbit out of his hat, in fact. [What about the VNN?] I only have information from the banks, and it is showing up on the screens. It’s still in the basket and they are going together. [will they just load the Q cards or go for a total RV?] The q-cards are already loaded but there are five different rates. They will go for the total RV at a nice high rate. [Is it possible for something in the basket to be in another basket at a later time?] Yes. [Will the Iraqi situation cause delays of get in the way of our exchanging?] I think they have it in hand. It’s worse on the news than it is on the ground.
6-13-2014 Intel Guru Mnt Goat I am now hearing from my Iraqi sources that the judiciary has already ratified the final election results but has not yet announced them to the world or Iraq. Maliki and anyone of his followers are not in the mix of this new government. We are in an excellent window to have these announcements early next week. We await the announcement of the new government first and then let us see what happens next. I am confident the final international rollout of their revalued currency will follow very quickly behind these announcements. [post 3 of 3]
6-13-2014 Intel Guru Mnt Goat Kurds also came out with a statement today that they would not vote to declare a state of emergency if the emergency session of the House of Representatives happened... Prime Minister Nouri al-Maliki is responsible for what happened since parliament rejected his call for a State of emergency. Simply put these recent attacks were nothing more than political reprisals from the Al-Maliki government for not originally giving him these emergency powers. [post 2 of 3....stay tuned]
6-13-2014 Intel Guru Mnt Goat The good news is...the mandate of the Maliki government is only 2 days from expiring. First let me put your mind at rest. There is no declaration of a state of emergency in Iraq. Speaker Osama Najafi (speaker of the house) postponed yesterday’s session in parliament till further notice for lack of quorum. At least that was the excuse given. The emergency session was in fact scheduled to be held in the House of Representatives yesterday to discuss the declaration of emergency state according to request made by Prime Minister Nuri al-Maliki and Vice President Khodair al-Khuzai. I believe by scheduling the session Najafi simply followed procedure and just had to make it all legal. [post 1 of 3....stay tuned]
6-13-2014 Intel/Newshound Guru Poppy3 [have u heard a rate on the Dong?] YES SEVERAL TIMES FROM 2.3 CENTS TO A NICKEL NO MORE AT THIS POINT BUT THEY DID SAY THEY EXPECT IT TO HIT .49 CENTS WITHIN TWO YEARS AFTER IT STARTS UP.
6-13-2014 Newshound Guru Adam Montana [With Islamic militants taking over parts of Mosul on Tuesday, will this be a big problem for us?] It's pretty likely that we will have to see how the Mosul situation progresses before we see any movement on a rate change...I don't like it...but it's not quite time to toss in the towel. As negative as things may look at times, there is always a way to turn it positive and use to one's advantage. I'm definitely keeping an eye on this situation to see how things evolve. [...will delay the RV indefinitely?] It may cause some delay, but not indefinitely.
6-13-2014 Newshound Guru Tlar Parliament couldn’t even show up for an emergency meeting and vote...The non-vote and lack of quorum will lead Maliki to the Federal Courts to issue the “state of emergency”. So in 3 days Hakim, Sadr, and the Kurds better have their butts at the Parliament...otherwise Iraq is lost and Tehran wins.
6-13-2014 Newshound/Intel Guru BGG Things I have been talking about... 4 Key events over the Last/Next few days... 1) Meeting at Jaafari's house... (didn't go so well for Maliki) 2) Emergency meeting of Parliament to discuss "State of Emergency"... (also didn't go so well for Maliki - it didn't even happen) 3) New Parliament is seated on June 15th (this Sunday) 4) Outcome of a potential appeal by Maliki to the Fed Courts to allow him to "self-impose" a "State of Emergency" and potentially pave the way for a dissolution of Parliament followed by dictatorial take-over. Based on the comments...by the President of the United States (on FOX) - I don't think #4 will fly. The White House is "very interested" to say the least. I hate to admit it - but the POTUS is the only one with the right answers - so far today. If all 4 events go badly for Maliki - he's done and this is over.
6-13-2014 Newshound Guru Adam Montana [I saw news of the Kurds saying they will secede from Iraq if Maliki gets third term, & I just saw the Kurdish Government has a plan to print their own currency for that purpose. Do you feel this is a problem for Iraq if the Kurds leave & should we be ready to get Kurdish currency?] I don't see a real possibility of the Kurds actually seceding. I know the idea has been thrown out there a few times, but I don't see it happening.
6-12-2014 Intel/Newshound Guru Poppy3 FROM THE WAY THEY TALK ALSO NEITHER THE DONG OR DINAR ARE IN BASKETS OF OTHER CURRENCIES THEY WILL STAND ALONE FROM THE REPORT. [post 2 of 2]
6-12-2014 Intel/Newshound Guru Poppy3 YESTERDAY THE IMF AND THE CB OF VN AGREED ON THE ECONOMIC FUTURE PLAN FOR THE DONG TO EXPAND AND GROW THE VALUE OF THE DONG. IT WAS RELEASED AS THE SAME TYPE DOCUMENT AND AGREEMENT THAT THE IMF DID WITH IRAQ'S CBI LAST YEAR. IT WAS A GOOD REPORT AND SPELLS THE WAY FOR THE DONG TO RV AT ANYTIME THE MINISTER OF FINANCE THERE NEEDS TO MAKE THAT DECISION TO HELP CURB THEIR GROWING INFLATION RATE. [post 1 of 2....stay tuned]
6-12-2014 Intel Guru FootForward When I saw the news about the State of Emergency I knew it was a false flag. This was part of the plan all along to have some crisis created and then the troops would be there to protect the banks and change centers. I am not concerned, I am excited, encouraged. I do think the RV will happen in June, if not, in July. Everything seems so obvious that is to happen now. They are talking about the ISX being launched and the tariffs and that can't happen without an RV. I would like to warn people about the dong. I do believe it will RV, but not nearly as high as some are saying, not any where near $2.00 and not even $.50. China needs it to be in the 5 to 10 cent range and I am confident that's where it will come. The dinar will be the big winner...period. [post 2 of 2]
6-12-2014 Intel Guru FootForward Everyone is freaking out about what is going on in Iraq. Maliki is not a dictator, not a power hungry guy. He was put in place and is supposed to be in place and will be in power until the last instant before the RV happens. I have said that he would be in Iraq until the RV and then he would go to England. His family has now been sent to England That should tell you he is planning to go there. About this whole state of Emergency...We have to look at everything in perspective. Why have they not announced the new PM? They are waiting to see how quickly they will RV and then decide to announce a new PM or keep Maliki. If the RV is going to happen right away, you will see a new PM. If it is going to be a while, a couple of weeks, you will see Maliki. I suspect you will see a new PM named and in a couple of weeks you will see everything done and could even be sooner than that. [post 1 of 2....stay tuned]
6-12-2014 Newshound Guru Tlar 2 days left until he [Maliki] is out. This guy is dangerous. I wonder what next great thing he will do to save Iraq. Probably have parliament arrested for treason, or terrorism, or corruption or something like that. It won't change a thing other than to hasten his demise. Maliki's mindset is, "I will kill them all if I have to." He is becoming a mindless rabid dog and he is going to be put down. Nothing he has done will stop this government from changing. That's not me being optimistic. That's a fact jack.
6-12-2014 Newshound Guru Millionday Article quote: "The sources told / Baghdadi News /, that "Iraqi political figures mission began her movements since yesterday after the control of militants Daash the city of Mosul, for the purpose of consultations with the political blocs from within the political process and abroad with the aim of forming a government of national salvation alternative to the government of Prime Minister that failed in crisis management and security files, the economy and services. " HERE IT COMES... HOLD ON TO HAT Quote: "The sources confirmed that "these characters will offer their movements during a meeting of leaders of political blocs today at the home of al-Jaafari," stressing that "these figures would ask Maliki to resign in order to form a government with the consent of the House of Representatives that would end legislative term on 13/6." I GUESS THEY DIDNT LIKE THE BLOWING UP COUNTRY.
6-12-2014 Intel Guru Okie_Oil_Man THERE ARE MEETING'S PRESENTLY GOING ON RELEVANT TO THE UPCOMING R/V THAT WE WILL ENJOY. AS YOU HAVE HEARD BEFORE AND IS MORE TRUE NOW THAN BEFORE--OUR R/V IS CLOSER THAN EVER. THE CONSTANT DELAYS ARE BEING DISCUSSED AND SOLVED AS WE SPEAK. THERE WILL SOME WHO WILL EXCHANGE BEFORE OTHERS AND LET US WISH THEM WELL BECAUSE WE'LL BE HOT ON THEIR HEEL'S IN OUR EXCHANGE. WE ARE SIMPLY AWAITING THE ANNOUNCEMENT OF INTERNATIONAL ACCEPTANCE OF THE NEW VALUE OF THE IRAQI DINAR. THIS IS BEING HANDLED DUE TO OUTSIDE PRESSURE BEING EXERTED ON THE USA. OUR REWARD DRAWETH NIGH. [post 2 of 2]
6-12-2014 Intel Guru Okie_Oil_Man BY NOW I AM SURE YOU ARE AWARE OF THE TURMOIL OCCURRING IN IRAQ. THE INSURGENTS ARE PLAYING HAVOC WITH THE COUNTRY. IT IS ONLY NATURAL FOR OUR CONCERN RELEVANT TO THE R/V AND WHAT IF ANY EFFECT THE DISCOURSE WILL HAVE ON OUR INVESTMENT. WHILE OUR PRAYERS ARE WITH THE IRAQI PEOPLE AND THEIR COUNTRY WE MUST REMEMBER THAT AS A COUNTRY THEY HAVE ALREADY R/I OR R/V'D THEIR CURRENCY SOME TIME AGO AND THAT WILL NOT CHANGE THE VALUE OF THEIR CURRENCY DUE TO PRESENT POLITICAL AND MILITARY UNREST IN THEIR COUNTRY. [post 1 of 2....stay tuned]
6-12-2014 Intel/Newshound Guru Poppy3 MALIKI REDUCED THE SECURITY FORCE THERE JUST LIKE HE DID IN ANBAR A COUPLE MONTHS AGO THEN ORDERED THE ATTACK. HE HAS JUST BEEN TOO OBVIOUS THIS TIME. I THINK HIS GOOSE IS COOKED WELL DONE THIS TIME. I ALSO STILL SEE THE FINANCIAL WORLD AND POWERS...INVOLVED ARE MOVING TOWARDS JUST WHAT THEY HAVE STATED THE LAST FEW WEEKS. CBI READY AND ISX OPENING FOR TRADE ON JULY 1 . TIME WILL TELL. [post 2 of 2]
6-12-2014 Intel/Newshound Guru Poppy3 MALIKI WILL NOT GET A STATE OF EMERGENCY --- PLUS UNITED NATIONS ORGANIZING FOR 4000 TO 5000 TROOPS TO BE THERE VERY SOON. MY SOURCE SAYS TO HIS KNOWLEDGE THERE ARE ZERO AMERICAN TROOPS THERE AT ALL YET. MY THOUGHTS ARE THEY WILL NOT ALLOW THIS TO ESCALATE TO A POINT THEY CAN GET UNDER CONTROL VERY FAST. [post 1 of 2....stay tuned]
6-12-2014 Intel Guru Frank26 today they tell You 10,000 US Troops are in Iraq ...Not true ...It was many days ago and it shall be many more to come.
6-12-2014 Newshound Guru Kaperoni Article: "Invitation to peg to a basket of currencies" we already know the plan as detailed in the IMF Article IV Consultation. I don't expect a peg until the dinar gets to where it belongs first. Let them get in compliance before we start to get a little excited. It is good that despite what is going on, there are some still moving the economy, monetary policy and banking forward. It will come.
6-12-2014 Newshound/Intel Guru BGG This is the End Game for Maliki. He may well get the Fed Court to rule in his favor - but I don't see that being accepted well in the world's eyes. [what is your take on after M is out, what are these insurgents just gonna leave?] The Kurds will step in immediately - would be the easy answer.
6-12-2014 Newshound Guru Millionday [Do you still feel the ISX won't go live without the RV happening first?] the global platform for the isx will include the product of their currency and it will have to be priced for sale when the market goes global --- it is global economics that makes that happen...when the isx goes global it will be priced not that the dinar wont have a reality rate placed on it before or that it may take more time we just dont know but they are talking about the omx launching july 1st and being ready the middle of this month...we dont know the date.
6-12-2014 Newshound/Intel Guru Randy Koonce If Maliki does not get the state of emergency he will know that he is gone...and we believe that he will pull the trigger on the money a few hours before he loses total control...which is by Sunday the 15th... IF he gets the state of emergency then sometime between tomorrow and the 30 days he will need it to bribe enough votes to garnish the largest votes. ...so between now and Monday is looking good and if not then...We are looking within the next 30 days. I believe that we have a very good chance for now until sunday. Do not worry about the fighting it will not last long. I believe that parliament will go ahead and announce Chalibi as the next candidate and we will be very happy by Tues next week...Lets pray for that to happen. I have always said that it does not matter about the violence it is about the money and it would not matter if Iraq blew itself up the money will come. [post 2 of 2]
6-12-2014 Newshound/Intel Guru Randy Koonce WE have been waiting for the election results, the reason we are still waiting is because even tho State of Law won the election Maliki cannot get enough vote to put together the largest group of parliament to get and maintain a majority. ...so he has delayed the election results so that it will give him time to bribe as many parliament people as he can until the 15th of June when the existing parliament must leave their post. That is also when Maliki loses his power as PM and Iraq will put in an interim government...Maliki...has two options 1. threaten, bribe, beg enough people to put together the largest coalition. 2. Try to have an emergency and put the Country into a State of emergency. As you can see on the news Maliki picked Number 2 because he could not do the first one. Tomorrow Maliki is asking for the state of emergency if he gets it he will be PM for 30 more days min or until the crisis is over. [post 1 of 2....stay tuned]
6-12-2014 Newshound Guru Adam Montana 4. Election results should be announced (officially) any day now... but for all those that are certain Maliki will not remain in his position, I have to ask this... who will replace him? There is nobody. And also, why would they be calling for MALIKI to attend these meetings if there was significant chance for him to be outed? I simply don't think he's going anywhere, and if he plays his cards right this is a prime opportunity to make significant progress towards a stronger government, country, and currency. I'm not saying I like Maliki! But I do think that if he's replaced, Iraq will be taking 2 steps backwards, and it will take a couple years for the next PM to be in as strong of a situation to raise the value of the currency. For me, Maliki is the lesser of evils and is the best man for the job at this time.
6-12-2014 Newshound Guru Adam Montana 1. Parliament supposed to wrap up current session shortly. Hopefully budget will be passed, but I'm not too concerned with that either way. 2. 2nd largest city in Iraq Mosul has been taken over by Al Quaida, Maliki calls for State of Emergency. This could be good, because it would give him executive authority to make some MAJOR moves. His goal should be to quash opposition, angle towards a resolution of HCL with the Kurds in order to prevent them from acting individually and cutting Baghdad off from future oil profits, and he should be taking swift action to regain control of Mosul. We will see how this pans out in the next week or so. 3. Regardless of the Mosul situation, Oil Minister declares oil exports will not be affected. This is KEY for any potential raise in the value of the currency...
6-11-2014 Newshound/Intel Guru Eagle1 According to two separate sources, I'm told that the currencies will be released to FOREX and be allowed to float rather liberally for some unspecified period of time "until they achieve market stability," after which "a managed float" of plus or minus 2% would be implemented. If the IQD comes out at the $3+ rate we've been hearing behind the scenes for many months, I would expect it to react similarly and perhaps settle in a $4+ range or even higher. There's another item to consider with these currencies, and that's the future of the VND. For well over a year, the projection from major economists and traders has been in the $.45 - $.49 range. We've seen those numbers increase in recent weeks and months, but here again we have a whole lot of fluidity in play. I will say that if the VND comes out anywhere near those numbers, it won't stay there for long! Vietnam's economy is a whole lot stronger today than it was 30 years ago. [post 3 of 3]
6-11-2014 Newshound/Intel Guru Eagle1 As the months have turned into years, any idea has long since been abandoned that the currencies with their numbers would remain a secret. Many individuals have been poised for well over a year to take advantage of any gap between one or more currencies revaluing before the rest. For that reason the IMF, its controlling board and its associated central bankers have ditched any plans for a sequential rollout. This past weekend any nations, whose new currency valuations had yet to be released to the IMF, did release those numbers to the IMF. [post 2 of 3....stay tuned]
6-11-2014 Newshound/Intel Guru Eagle1 Obviously the entire RV/GCR has been a very fluid event for a long time. We have all seen a fistful of events transpire which have led us to believe that our Blessing is imminent. Nothing I've seen or heard changes that, either. However, for some months there has been a background current of expectation that we were going to see things break in a two-step process beginning with a "general RV" consisting of the revaluation of all of the major currencies, (and available only for a short time in order to accommodate private placements and private exchanges) followed by a Global Reset which would make all of the restructured currencies (both gainers and losers) available to the general public. That plan has apparently gone by the wayside. [post 1 of 3....stay tuned]
6-11-2014 Intel Guru TNT Tony [via Adept1] What we do know is all good news today. Bank people are still at the bank, and staff are at the exchange centers, for the most part. Everybody is still on Go, we just don’t know the exact time or moment...you should all be happy. I’m super-fantastic and I’m ready for this ride to be over! [In late June, Ramadan starts and some want to push it off to 1. July. Then some Iraqi officials says they don’t want to do it after June 28th. Is that true?] I think they will do it before then.
6-11-2014 Intel Guru DC [via Adept1] It was supposed to go down Monday and then yesterday, and things are very close right now. We are in a phenomenal position...I know what certain agencies and people are saying, but really it’s an hour by hour fight.
6-11-2014 Newshound Guru Millionday Article quote: "ruled out an economist and a relationship between the Iraqi government's actions and the high exchange rate of Iraqi dinar against the U.S. dollar, and expected recovery in the dollar to its previous status within days." it gets better...Quote: "the Central Bank of Iraq is responsible for the policies of the stability of the exchange rate of the Iraqi dinar against foreign currencies, the only one who has the mechanisms and authority for the stability of the exchange rate of the dinar in Iraq." it appears that CBI is getting pressure...also they are saying that everything is in place but the budget and that is what is holding back funds for projects... it is saying security-gov - budget-and all else has no effect -- it is CBI `s job to move the rates.
6-11-2014 Intel Guru Frank26 Two weeks ago...I said they will NOT give us the election results until the last possible nano seconds...Like the 14th or 15th. Still looking that way. [I believe this is what we are waiting for and I am very very excited!] I must admit...Me too. Stay Strong as we watch many things come to a conglomeration around the 15th...To the 1st.
6-11-2014 Intel Guru MarkZ We seem to be stuck in a any moment groundhog day. There has been no bad news and only positive. All my sources still think any moment.
6-11-2014 Newshound Guru Millionday Article quote: "A member of the parliamentary Commission on Security and Defense MP, of the State of Law coalition, Abbas al-Bayati denied the government's intention to impose a state of emergency in the country, after the fourteenth of this month..." it is not going to happen and is not needed to have a state of emergency.
6-11-2014 Newshound/Intel Guru BGG I do believe Maliki is in deep trouble. This appears to be his MO. When in trouble - start a war...as I have said for 2 years - once he's gone, it's good for everyone. I think the next few days will be very telling for us.
6-11-2014 Intel Guru Mnt Goat Under the Iraq constitution, parliament can declare a 30-day state of emergency on a two-thirds vote by its members, granting the prime minister the necessary powers to run the country. But the speaker of the house must bring this proposal to the members for a vote. He refused in the past and so far he is still refusing. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government with relative stability. I am now hearing from my Iraq sources that the judiciary will now wait until next week (past June 14th) to make the announcements... [post 2 of 2]
6-11-20124 Intel Guru Mnt Goat Islamic militants overran parts of Iraq's second-largest city, Mosul, on Tuesday...Is this not the day the judiciary was supposed to announce the ratified election results thus the players in the new government of Iraq. Maliki was not going to be part of it. The timing of this event could not be more obvious as to what Maliki is attempting to do. He is creating this violence with the hope that the parliament will cave in under pressure for a solution and grant him the powers he requested. [post 1 of 2....stay tuned]
6-11-2014 Intel Guru Bluwolf ...today the insurgency took over a city in Iraq, today was the official launching of the new PM, today all was to go international...Ok, that was the bad news. The good news is that nothing has changed, that we are set to go asn, that the negative in Iraq today doesn't change that they have a new PM, that they are democratically sovereign and by this fact they must now reach out to the world as being internationally sovereign as well and for that they must launch their currency internationally.
6-11-2014 Intel/Newshound Guru Poppy3 VERY CURIOUS THAT MALIKI MOVED HIS FAMILY OUT OF THE COUNTRY TWO WEEKS AGO AND HE FLEW THEM OUT OF THAT AIRPORT THEN MOVE THE MAJORITY OF THE SECURITY FORCES OUT THEN HE SENDS IN HIS GOONS AND TAKES THE PLACE OVER. LAST NIGHT [MONDAY] I REPORTED I RECEIVED INFO THAT THE RV WILL NOT GO BEYOND JUNE 30. AS FOR HOW THIS WILL EFFECT THAT STATEMENT IT WILL DEPEND IF THE GOI FALLS FOR MALIKI'S DISTRACTION AGAIN.
6-11-2014 Newshound Guru Tlar ...here is where we were going and I happen to think we are still going there. On June 14th the present parliament is done. Right after that the new members will convene and the first order of business will be to vote a new PM in. That decision has already been agreed to by all the sects so that should be a slam dunk. The next few days will be critical to our investment ...I still believe Turki will pull the trigger the last week of this month...I feel very comfortable that this investment will come to fruition in the next 3 weeks. In fact I believe this so strongly that I am saying "WE ARE THERE." [post 2 of 2]
6-11-2014 Newshound Guru Tlar Maliki has lost this election big time and the coalition has won. The election results are not yet ratified but the coalition’s lead is an impossible hill for Maliki to climb. There will be a government change soon. Last night a new hitch was put in this get along. Maliki announced that the ISIS and or Daash has moved in and taken Mosul the 2nd largest city in Iraq. He is calling for the parliament to declare Marshall law which is required by law. It won't happen. The election results are supposed to be released today. Maliki is calling for a complete cessation of the election and if parliament declares Marshall Law, that would leave Maliki in charge until it is undeclared. The timing, the motive and the orders are suspicious. Today [Tuesday] or tomorrow we should have an answer to this situation. [post 1 of 2....stay tuned] 6-10-2014 Newshound/Intel Guru Eagle1 Let me give you a benchmark for Vietnam. Let's go back to the late 60's before the dong was sanctioned and put on a program rate. It was worth over $2.20. I'm not hearing anybody saying we're going to hit $2.20 but look for .47 to .49 and I wouldn't be surprised to see it float upward fairly quickly to over .80. [post 3 of 3]
6-10-2014 Newshound/Intel Guru Eagle1 The return on your investment should be spectacular on top of spectacular. They have already given a number to the IMF. But if they come out at that number not to expect that number to sit there very long. They've given a top and low end range to the IMF and right now it's somewhere in the middle. What I'm getting from my high-level contacts - they're saying they're going to let these currencies float initially then settle back. Look at Kuwait. They're saying they're going to do that with the dong, the dinar, the rupiah, approx. 80 currencies will float freely. But they're not saying for how long but will float until they reach market stability. [post 2 of 3....stay tuned]
6-10-2014 Newshound/Intel Guru Eagle1 [via FLPatriot59] You're going to [be] rich real soon, and sooner than later. I'm inclined to think they're going to sit their government sooner than the 15th. There's a whole of political fussing going on behind the scenes.The have extracted a promise from CL for a deadline. Mosul is not a delay. If anything I see these events like this as mechanisms that will increase the need for it to take place all the sooner. [post 1 of 3....stay tuned]
6-10-2014 Newshound Guru Tlar [With a series of articles over the past several weeks indicating increasing animosity for Maliki as the next PM, what is the National Alliance dragging its feet on announcing who they are nominating instead of Maliki? Is there something to be gained by dragging to process out?] The NA is not dragging their feet. Remember nothing happens until the 15th. The coalition is waiting for the election results which prove they are the winners. Maliki tried on numerous occasions to strike a deal for immunity...and the coalition would not deal with him. The coalition has the numbers and no matter what, they control the outcome of this election and will get the PM they want and make Iraq the government they want.
6-10-2014 Intel Guru TNT Tony Everything that glitters is not gold and all bad news is not bad (sometimes required).
6-10-2014 Newshound Guru Enorrste At the same time, I do not think that this is necessarily bad for our investment. ...Mosul is a large city and the story of giving it all up to terrorists "doesn't pass the smell test." This is largely political. I am not certain that I agree that this is a desperate attempt on Maliki's part. This man is very shrewd and this may be a ploy on his part to convince the new parliament to "not rock the boat" and let him have his 3rd term. [post 2 of 2]
6-10-2014 Newshound Guru Enorrste Article: "Bayati denies government's intention to impose state of emergency" If Maliki institutes marshall law then, effectively, he becomes a dictator. Once that door is open it will be up to him alone to determine when to close it again. That cannot be good, in my view. Najafi may think she is just calling his bluff, but if he does show Thursday and they follow his lead, which is the way it looks now, he may be in for a very long time. [post 1 of 2....stay tuned]
6-10-2014 Newshound Guru Kaperoni Article: "Gunmen "control" to Mosul in northern Iraq, and al-Maliki calls for parliament to declare a state of emergency" my fear is the destruction these terrorist groups do in the meantime. They proven to destroy bridges electric plants power poles, etc. Take over gov offices, raid banks..on and on. This slows down our investment.
6-10-2014 Newshound Guru Bondlady Terrorist has taken over several parts of Iraq that's why Maliki is calling for a state of emergency convening in parliament. He really does need to push the marshal law button at this point, they fled into Iraq from Syria. It's so bad right now the Kurds pershmerga army and the federal army have joined forces to protect the borders coming in from Syria. you all know Kurds and Baghdad are at odds right now so you know this is huge and major important to Iraq's security...if they don't all join up to save Iraq it'll be bad bad. it's pretty bad right now I expect to see the UN or USA come in at any time to aid in the fight, it is that bad imo, we shall see.
6-10-2014 Newshound Guru Shredd [Are they still talking "mid" year?] last we heard, yes. [Do you think their plan is still to get things rolling "bigtime" this month?] I expect nothing. Not to say I don't think the CBI won't move forward with their plan to begin removing the three zero notes...we'll just have to see and not sure if political situation and lack of a passed budget will delay things. [post 2 of 2]
6-10-2014 Newshound Guru Shredd [how do they continue to grow there GDP and there currency is at 1166?] easy, managed the rate, it doesn't have to reflect true value like a free float but once Iraq is a market economy it will need to. imo, there is a process for Iraq to get there. [the question might be...how long will the process take?] well the project to delete the zeros is a big part of the timing. [post 1 of 2....stay tuned]
6-10-2014 Intel Guru Winalot The country is flooded with visitors from other countries. It is going to be confusing enough for the Iraqi's, without adding a half dozen other foreign currencies brought in by the visitors to deal with. Not to mention the cost of exchanging that currency at the new rates. Today, we see that Al-qaeda has has taken over parts of Mosul, and they already control Fallujah. Do you think for one second that there will be a revaluation while this is going on? I seriously doubt it. Al-qaeda would gain too much financially if the revaluation were to occur. I have no idea where that leaves us as far as a time frame... and I seriously doubt anyone knows. Including Iraq. [post 2 of 2]
6-10-2014 Intel Guru Winalot A new Parliament is to be seated on the 15th of the month. They have not passed a budget. They have no new Prime Minister. That gives us thru Friday if they are going to do this before Ramadan. If not before the 15th, the new parliament takes over, and the business of seating a government will take precedence over the budget and any other business at hand. The new parliament will have 13 days to seat a full government, decide on a PM, pass the budget, and revalue the currency, all before Ramadan. Ramadan starts on the 28th of the month. I feel it is highly unlikely for the revaluation to occur during that time. [post 1 of 2....stay tuned]
6-10-2014 Intel Guru Frank26 I was asked IF I believe we will see a seated GOI by the 15th...I said no, IMO. Asked...will we see Supreme Courts' final results on the elections on the 10th today? I said no. As I shared two things...Politicians are RUNNING from Iraq AND Some politicians threatened Iraq Banks. (THAT WAS A BIG MISTAKE).
6-10-2014 Newshound Guru Millionday we have some good news tonight and it goes along with the platform we are holding our breath about...that is the ISX hooked to the global platform OMX and what that means to us is - international compliance for it to launch...now let me add one more thing...the Lebanon Banks said they are not getting a return on their investments as the rest of the international banks etc but THEY ARENT WORRIED ABOUT IT BECAUSE THEY STRATEGICALLY PLACED THEMSELVES IN IRAQ FOR THE GAINS FROM THE SECURITIES MARKET (isx). HUGE STATEMENT TO NOT CARE ABOUT MONEY INVESTED BECAUSE OF A RETURN COMING ...
6-10-2014 Newshound/Intel Guru Poppy3 [is there any good news...?] YES ...I WILL SAY THEY TOLD ME WE WILL NOT GET OUT OF JUNE WITHOUT SEEING THE RV.
6-10-2014 Intel Guru TerryK WHAT I HAVE BEEN TOLD THIS AM IS THAT THIS IS ALL DONE AND THAT WE ARE ONLY WAITING FOR THE TECHNICAL ANNOUNCEMENT AS IRAQ HAS IDENTIFIED ITS NEW PM. THAT IS TO COME EITHER TONIGHT [MONDAY] OR IN THE MORNING. WHEN THAT HAPPENS THEN THE IMF AND THE UN WILL RELEASE THE CODES FOR THE MAGIC MACHINES TO TURN ON THE RV. ALSO THE GOLD STANDARD HAS NOT BEEN SIGNED OFF AS OF YET. LOOKING FOR THAT EITHER TONIGHT OR TOMORROW AS WELL. ONE DC CONTACT SAID TUESDAY NIGHT RINGS STRONG BUT ANOTHER SAID IT WAS TO HAVE GONE DOWN LAST SATURDAY. SO IT’S JUST SITTING THERE READY. IT’S ALL UP TO THE IMF AND UN...ONCE THEY (IRAQ) MAKE THE OFFICIAL ANNOUNCEMENT OF THE PM AND SEAT HIM YOU WILL SEE IT. IT’S COMING PEEPS. IT’S NEARLY HERE.
6-9-2014 Newshound Guru Kaperoni It appears that the CBI is now finally trying to reduce the spread to where it should be (by liberalizing the foreign exchange, use OMO and allow money exchangers) to meet the conditions set forth from the IMF. This has been a work in progress for Turki since mid last year. We have to hope that once that is achieved, the IMF will let them exit Article XIV and move to Article VIII and a new exchange regime. [post 2 of 2]
6-9-2014 Newshound Guru Kaperoni ...could the CBI RV'd the currency or exited Article XIV to Article VIII before now? Raise the value under Article XIV? sure, (and Shabibi did it several times)...exit to Article VIII and make the dinar convertible probably not. Shabibi could have because back in 2012 he was in compliance, but since Turki took over they are not...so...until they are in compliance, the IMF will not let them exit to Article VIII. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru DC [via Adept1] Things look really phenomenal...in terms of everyone being prepared, happy, and on lockdown. Was the process paused? Maybe, but now we are back on green, good to go. I am looking for this TODAY. I know people like back windows, but they don’t exist at this point. It’s day to day, almost hour by hour now. [Is there still a contract rate?] Everything is the same as what we’ve been describing. Everything looks amazing, and we are fully expecting it at any time across the entire world.
6-9-2014 Intel Guru TNT Tony [via Adept1] I am super-fantastic right now. [I understand the currency will be trading on the ISX...and also on the Forex? What will come first...forex or RV?] It will happen at the same time...on forex. Trading on the Forex is what makes it international. It will show up on the ISX on July 1, and that is public information. [Is there still a China rate?] Do you mean is there still a contract rate? There are still contract rates. [Is there anything we are waiting for before this goes through?] Yes, there is a public announcement that has to be made about the about the GOI, and that will be made over there...and then things will go quick. It is literally hour by hour now and could happen at any time.
6-9-2014 Newshound Guru Aggiedad77 Article: "Economist: delay in the budget behind the rise of the dinar and the dollar will rise .. soon" Any relationship between the Iraqi government and the high exchange rate of the dinar against the USD has been ruled out by economists and an expected recovery of the dollar within the next few days is predicted...the CBI is the one who sets policies for the exchange rate of the IQD against any foreign currency...they are the only one who has the authority to affect such changes...that is an important point to remember...it is a positive thing to witness the continued auctions by the CBI even with the government basically at a standstill due to the lack of an approved budget...this shows the independence of the CBI to the government...the drop in the price of the buying and selling of the USD and other foreign currencies is positive for the policy of national exchange.
6-9-2014 Intel Guru Mnt Goat From June 10th to mid July we are in the absolute best window ever to see the international announcement of the revalued IQD currency. I believe the RV could happen at any stage of the process after June 10th but I am saying it is most likely to happen just before or just after the announcement of the newly formed government’s completion and before the expected July 1st ISX rollout. The IQD rate will be high when it comes out and it will climb very quickly. Iraq has met all necessary Basel III requirements and beyond for valuation of a very, very high rate as an asset backed currency. [post 2 of 2]
6-9-2014 Intel Guru Mnt Goat So what happened last week with the Qi Cards? ...they are now loading these cards for those who are traveling abroad and for those Iraqi citizens already living in foreign countries. So how will they be able to use these cards abroad without an international rate in this manner? On April 19, 2009, the ISX switched to electronic trading. Now they plan to fully rollout the last phase of the ISX and this phase includes the complete international implementation. This is planned for July 1st of this year. This past week there were statements made by Turki (acting governor of the CBI) stating that the CBI will start the lifting of the 3 zeros and they will be ready for the ISX to start trading internationally on their opening day of July 1st. I...believe they must begin the process of going international with their currency days in advance of that date to be ready. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru MarkZ I did rather expect to see an RV early this morning. I knew based on progress late Saturday that thinking we would have it Monday morning was optimistic but, I am a glass half full kinda guy. We are still close and closing on done. [SO- the latest chatter leans to another week: 6/15...?] I doubt another week. My only concern is I know logistics are much easier to do it on a weekend. That being said no one has taken the easy road on this so far so I wouldn't be at all surprised to see it just pop mid day this week. [I am thinking when July 1st when Iraq is on ISX.] I do not think we have to wait that long. [out of the 4 in the basket what do you think will be the best bang for your buck?] I still think VND is the best dark horse but only time will tell us. [heard rumors of $4 & $11 for IQD your thoughts?] street 4 ish and contract higher is MO.
6-9-2014 Newshound Guru Millionday my opinion is -- they are trading on the isx right now -- in country -- however to hook to the global market the dinar is their largest and all countries largest product -- it will be priced at its value -- however it shall be, it will be its true value as all items and shares --- or they wont have a market -- [Would it not be financial suicide to enter the global market at 1166...? Would it not be a disaster?] it would wipe them out in my opinion. i read that they may float it at a managed float for six months from the set value -- that means 2% one way or the other and i read they will set the price and it will hold for six months...i read it will float from the beginning from the reality rate -- that i totally disagree with. we will have to see, either way a price for the product (dinar) will be set.
6-9-2014 Intel/Newshound Guru Poppy3 I THINK AS SOON AS THE NEW PM IS NAMED PUBLICLY THAT THE GOI WILL BE SET WITHIN A WEEK TO 10 DAYS AND ALL WILL MOVE FORWARD IN EVERY WAY....BUDGET, 140, HCL, RV...ALL WILL BE ALMOST SIMULTANEOUSLY. WE HAVE TO...MAKE SURE THAT POST IS FACTUAL AND NOT SOME PLANTED REPORT. WE ARE GOING TO WIN VERY SOON AND THAT PART IS FACT. [post 2 of 2]
6-9-2014 Intel/Newshound Guru Poppy3 just received this email -- HAS NOT BEEN CONFIRMED BUT IS WHAT I HAVE BEEN EXPECTING... "National Alliance: Maliki's reign ended after he settled the name of the Prime Minister Agency eighth day June 8, 2014...The source declined to name the next prime minister before the ratification of the results, but stressed that Iraq will not be a new era of Mr. Nuri al-Maliki any executive role in it..." IF THIS NEW PM IS GOING TO KEEP TURKI THEN THERE SHOULD BE A FAST TRANSITION FROM MALIKI GROUP TO THE NEW GOI. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru Hub i wonder if finally having some local (dinar) currency available for the people to use, might stop some of the outbreak of violence. If they can work for money, support their family, this has to have a soothing effect, i would think. [one would think, at least at RI or RV " numbers "...a dime would be huge.] yes it would, but i dont think going back to the pre war value is a big deal...this is where it will go...i have no doubt it will...no reason not to.
6-14-2014 Newshound/Intel Guru BGG [do you think Maliki was injured or killed as poppy3 heard yesterday? If not, could it be a ploy or excuse for him to exit stage left?] I, too, heard that rumor - don't know what to make of it just yet. [do you think with all the turmoil going on that they would even think about RVing or just wait till after things settle down.] not sure - but like I always say - "this ain't status quo".
6-14-2014 Newshound Guru Adam Montana [each year you say nothing will be done during Ramadan, does that hold true this year? With possible govt in place as well as ISX going international July 1 do you think possibility of RV just prior to Ramadan or during Ramadan or will we wait a month if not done prior to Ramadan?] At this time I would place my wager on "nothing will be done during Ramadan", but the current situation makes me consider hedging that bet. We will have a better idea over the next couple days/weeks.
6-14-2014 Newshound/Intel Guru BGG I doubt Maliki will be "immediately removed" on Monday as some are suggesting...but there seems to be a very real sense of urgency on his part over this weekend for some reason. there was also a very real "shot across his bow" by the POTUS yesterday saying we wouldn't make any decisions until after the weekend - meaning they weren't going to support the "official Maliki GOI" - but potentially the Iraqi people later on under more of an "inclusive government" - his words... the weekend being the start of the new Parliament (supposedly) - we'll see...
6-14-2014 Intel Guru Frank26 Article: "Maliki threatens to ban Al Arabiya News in Iraq" Quote: "The Iraqi government threatened on Saturday to close the Baghdad office of Al Arabiya News Channel and ban correspondents of both Al Arabiya and sister news channel, Al Hadath, from reporting in the country." I said M was mad at media for the TRUTH they were printing about him and PM status.
6-14-2014 Newshound Gurus Bondlady & tlm724 this is what was needed, for them to set aside their differences and work as a team, before they didn't even know how but now its crucial to save their home land...then and only then will Iraq fulfill its destiny. believe it or not this is going to work out and they will feel brotherly to one another when they see they all worked together to save Iraq and finally realize that it is truly possible...they needed security, well their getting it in a huge way! By the time its done Iraq and its borders will be secure. And hopefully with the new government and new parliament and a majority gov this time they will excel in a huge major way. [post 2 of 2]
6-14-2014 Newshound Gurus Bondlady & tlm724 whats so good about this horrific event [is] that for the 1st time in 1000's of years there are no Sunnis, Shiites, Turks, communist etc...they are all one! and maybe just maybe by them all working together this is just the push Iraq needs and needed to FINALLY go forward with the great destiny that is truly in store for Iraq. President [Obama] threw down the gauntlet yesterday, IF you want our help then WE want you to work together politically, that's the key POLITICALLY. [post 1 of 2....stay tuned]
6-14-2014 Newshound Guru chattels I am reading where some commentators are saying that Maliki loses his powers as Prime Minister on the 15th when a "caretaker government” begins. My understanding is that in a parliamentary form of government that the incumbent government is the ” caretaker government ” until the next government is seated and of course that would mean that Maliki is the chief executive until replaced by a new government.
6-14-2014 Intel Guru Jester [I was out of town...about the time everybody claimed that Maliki announced the In Country RI...Did that really take place or not?] I SERIOUSLY DOUBT IT... AS I TOLD YOU BEFORE... THERE IS NO WAY THAT IS HAPPENING WHERE NO ONE WOULD KNOW... IT WOULD BE ALL OVER.
6-14-2014 Intel/Newshound Guru Poppy3 I WAS TOLD LAST WEEK THEY DO HAVE THE NEW PM CHOSEN BUT THEY WOULD NOT ANNOUNCE TILL THE 15TH AT THE EARLIEST. I WAS TOLD HE IS A PERSON FOR ALL THE PEOPLE OF IRAQ. THE SO CALLED WAR INSIDE IRAQ WILL NOT SLOW DOWN THE FINANCIAL RESTRUCTURING AND I ...GOT ANOTHER GREAT CONFIRMATION OF THAT SAME INFORMATION. I HAVE NOW HEARD SEVERAL TIMES MALIKI WAS INJURED OR KILLED TODAY IN A SUICIDE BOMBER ATTACK. TIME WILL TELL . FINANCIAL REFORM WILL CONTINUE TO MOVE FORWARD THEY HAVE NOT BEEN DETURED YET.
6-14-2014 Newshound Guru Millionday the 15th of june is sunday and that is when we were told we would hear of the new government announcement -- the news is full of remedies and countries trying to help to resolve the danger and terrorism --Maliki is alive -- and the economic side of it is that they are planning their new industry to be technical and advanced through investors and innovation.
6-14-2014 Newshound/Intel Guru BGG CIA...confirmed what I have been saying all along. ISIS in Baghdad is a non-issue... they won't do it or can't. ISIS is a guerilla unit. Frontal war is not in their favor. There were the magic words from the President (on FOX...). They intend to wait until after the weekend to have "final consultations" about what exactly we do - Iraqi leaders need to demonstrate a willingness to "include all parties" in the government which means they want the new Parliament in on Sunday and a partnership government. 6-13-2014 *** Dinar Guru News Flash *** Many gurus are reporting terrorist have caused mayhem in several parts of Iraq...that Iraq is at a crossroads. Election results, critical laws and the future stability of Iraq hang in the balance of what transpires over the coming days...weeks. Stay tuned...much more to come as it's reported.
6-13-2014 Newshound Guru Tlar Reports that Maliki has been injured or killed are circulating but nothing is confirmed. The word is out that the federal court has verified the election results but that to has not come out in an article yet. This will get very interesting by Monday of next week. I believe the new parliament will be seated by then and quickly begin the work of putting the government together. Tomorrow we should start to see positive reporting on the ground in Iraq that is more accurate of what's really taking place. We are in the last chapter of this book. So relax and savior this moment in our investment. Iraq is in the process of birthing a new democracy right before our eyes. [post 2 of 2]
6-13-2014 Newshound Guru Tlar This report from me will counter everything you will see and have seen on you evening news. The ISIS is being soundly beaten. I can also assure you that Maliki's dirty hands will be found all over this crisis. Chalabi today called Maliki's government inept and corrupt, and yesterday Chalabi called for Maliki's resignation in a news article. The NA itself has called upon the SOL to un-nominate Maliki so they can form the new government now. Although not officially announced, I am sure it will be Chalabi... [post 1 of 2....stay tuned]
6-13-2014 Intel Guru MarkZ Lots of expectations this weekend. Stay grounded as always, but it does very much appear to be highly possible. The news has been good.
6-13-2014 Intel Guru Frank26 [WILL WE SEE A SEATED GOVERNMENT BY THE 15TH?] I FEEL A PM HAS BEEN ESTABLISHED. IF SO...IT WAS DONE AT THE SPEED OF LIGHT. IF MY ASSUMPTION OF A PM IS TRUE THEN THAT WOULD BE THE CHERRY ON TOP OF THE CAKE TO SIT THE GOI THIS SUNDAY. IMO...THE CBI SHOULD GIVE AN IR (International Rate) TOMORROW TO THE NEW PM SO THAT HE CAN GIVE IT TO THE NEW CARETAKER GOVERNMENT THE FOLLOWING DAY ON THE 15TH WHEN THEY ALL SIT TOGETHER REPRESENTING NOT ONLY IRAQ BUT THE POWER AND POTENTIAL OF HER ECONOMY AND THEIR CURRENCY.
6-13-2014 Intel Guru DC [via Adept1] [Is Maliki in or out?] He is currently PM, he would love to stay another term, but it doesn’t look good. The interim government starts on the 14th, and he will not be PM unless he arranges that at the end – unless he pulls a rabbit out of his hat, in fact. [What about the VNN?] I only have information from the banks, and it is showing up on the screens. It’s still in the basket and they are going together. [will they just load the Q cards or go for a total RV?] The q-cards are already loaded but there are five different rates. They will go for the total RV at a nice high rate. [Is it possible for something in the basket to be in another basket at a later time?] Yes. [Will the Iraqi situation cause delays of get in the way of our exchanging?] I think they have it in hand. It’s worse on the news than it is on the ground.
6-13-2014 Intel Guru Mnt Goat I am now hearing from my Iraqi sources that the judiciary has already ratified the final election results but has not yet announced them to the world or Iraq. Maliki and anyone of his followers are not in the mix of this new government. We are in an excellent window to have these announcements early next week. We await the announcement of the new government first and then let us see what happens next. I am confident the final international rollout of their revalued currency will follow very quickly behind these announcements. [post 3 of 3]
6-13-2014 Intel Guru Mnt Goat Kurds also came out with a statement today that they would not vote to declare a state of emergency if the emergency session of the House of Representatives happened... Prime Minister Nouri al-Maliki is responsible for what happened since parliament rejected his call for a State of emergency. Simply put these recent attacks were nothing more than political reprisals from the Al-Maliki government for not originally giving him these emergency powers. [post 2 of 3....stay tuned]
6-13-2014 Intel Guru Mnt Goat The good news is...the mandate of the Maliki government is only 2 days from expiring. First let me put your mind at rest. There is no declaration of a state of emergency in Iraq. Speaker Osama Najafi (speaker of the house) postponed yesterday’s session in parliament till further notice for lack of quorum. At least that was the excuse given. The emergency session was in fact scheduled to be held in the House of Representatives yesterday to discuss the declaration of emergency state according to request made by Prime Minister Nuri al-Maliki and Vice President Khodair al-Khuzai. I believe by scheduling the session Najafi simply followed procedure and just had to make it all legal. [post 1 of 3....stay tuned]
6-13-2014 Intel/Newshound Guru Poppy3 [have u heard a rate on the Dong?] YES SEVERAL TIMES FROM 2.3 CENTS TO A NICKEL NO MORE AT THIS POINT BUT THEY DID SAY THEY EXPECT IT TO HIT .49 CENTS WITHIN TWO YEARS AFTER IT STARTS UP.
6-13-2014 Newshound Guru Adam Montana [With Islamic militants taking over parts of Mosul on Tuesday, will this be a big problem for us?] It's pretty likely that we will have to see how the Mosul situation progresses before we see any movement on a rate change...I don't like it...but it's not quite time to toss in the towel. As negative as things may look at times, there is always a way to turn it positive and use to one's advantage. I'm definitely keeping an eye on this situation to see how things evolve. [...will delay the RV indefinitely?] It may cause some delay, but not indefinitely.
6-13-2014 Newshound Guru Tlar Parliament couldn’t even show up for an emergency meeting and vote...The non-vote and lack of quorum will lead Maliki to the Federal Courts to issue the “state of emergency”. So in 3 days Hakim, Sadr, and the Kurds better have their butts at the Parliament...otherwise Iraq is lost and Tehran wins.
6-13-2014 Newshound/Intel Guru BGG Things I have been talking about... 4 Key events over the Last/Next few days... 1) Meeting at Jaafari's house... (didn't go so well for Maliki) 2) Emergency meeting of Parliament to discuss "State of Emergency"... (also didn't go so well for Maliki - it didn't even happen) 3) New Parliament is seated on June 15th (this Sunday) 4) Outcome of a potential appeal by Maliki to the Fed Courts to allow him to "self-impose" a "State of Emergency" and potentially pave the way for a dissolution of Parliament followed by dictatorial take-over. Based on the comments...by the President of the United States (on FOX) - I don't think #4 will fly. The White House is "very interested" to say the least. I hate to admit it - but the POTUS is the only one with the right answers - so far today. If all 4 events go badly for Maliki - he's done and this is over.
6-13-2014 Newshound Guru Adam Montana [I saw news of the Kurds saying they will secede from Iraq if Maliki gets third term, & I just saw the Kurdish Government has a plan to print their own currency for that purpose. Do you feel this is a problem for Iraq if the Kurds leave & should we be ready to get Kurdish currency?] I don't see a real possibility of the Kurds actually seceding. I know the idea has been thrown out there a few times, but I don't see it happening.
6-12-2014 Intel/Newshound Guru Poppy3 FROM THE WAY THEY TALK ALSO NEITHER THE DONG OR DINAR ARE IN BASKETS OF OTHER CURRENCIES THEY WILL STAND ALONE FROM THE REPORT. [post 2 of 2]
6-12-2014 Intel/Newshound Guru Poppy3 YESTERDAY THE IMF AND THE CB OF VN AGREED ON THE ECONOMIC FUTURE PLAN FOR THE DONG TO EXPAND AND GROW THE VALUE OF THE DONG. IT WAS RELEASED AS THE SAME TYPE DOCUMENT AND AGREEMENT THAT THE IMF DID WITH IRAQ'S CBI LAST YEAR. IT WAS A GOOD REPORT AND SPELLS THE WAY FOR THE DONG TO RV AT ANYTIME THE MINISTER OF FINANCE THERE NEEDS TO MAKE THAT DECISION TO HELP CURB THEIR GROWING INFLATION RATE. [post 1 of 2....stay tuned]
6-12-2014 Intel Guru FootForward When I saw the news about the State of Emergency I knew it was a false flag. This was part of the plan all along to have some crisis created and then the troops would be there to protect the banks and change centers. I am not concerned, I am excited, encouraged. I do think the RV will happen in June, if not, in July. Everything seems so obvious that is to happen now. They are talking about the ISX being launched and the tariffs and that can't happen without an RV. I would like to warn people about the dong. I do believe it will RV, but not nearly as high as some are saying, not any where near $2.00 and not even $.50. China needs it to be in the 5 to 10 cent range and I am confident that's where it will come. The dinar will be the big winner...period. [post 2 of 2]
6-12-2014 Intel Guru FootForward Everyone is freaking out about what is going on in Iraq. Maliki is not a dictator, not a power hungry guy. He was put in place and is supposed to be in place and will be in power until the last instant before the RV happens. I have said that he would be in Iraq until the RV and then he would go to England. His family has now been sent to England That should tell you he is planning to go there. About this whole state of Emergency...We have to look at everything in perspective. Why have they not announced the new PM? They are waiting to see how quickly they will RV and then decide to announce a new PM or keep Maliki. If the RV is going to happen right away, you will see a new PM. If it is going to be a while, a couple of weeks, you will see Maliki. I suspect you will see a new PM named and in a couple of weeks you will see everything done and could even be sooner than that. [post 1 of 2....stay tuned]
6-12-2014 Newshound Guru Tlar 2 days left until he [Maliki] is out. This guy is dangerous. I wonder what next great thing he will do to save Iraq. Probably have parliament arrested for treason, or terrorism, or corruption or something like that. It won't change a thing other than to hasten his demise. Maliki's mindset is, "I will kill them all if I have to." He is becoming a mindless rabid dog and he is going to be put down. Nothing he has done will stop this government from changing. That's not me being optimistic. That's a fact jack.
6-12-2014 Newshound Guru Millionday Article quote: "The sources told / Baghdadi News /, that "Iraqi political figures mission began her movements since yesterday after the control of militants Daash the city of Mosul, for the purpose of consultations with the political blocs from within the political process and abroad with the aim of forming a government of national salvation alternative to the government of Prime Minister that failed in crisis management and security files, the economy and services. " HERE IT COMES... HOLD ON TO HAT Quote: "The sources confirmed that "these characters will offer their movements during a meeting of leaders of political blocs today at the home of al-Jaafari," stressing that "these figures would ask Maliki to resign in order to form a government with the consent of the House of Representatives that would end legislative term on 13/6." I GUESS THEY DIDNT LIKE THE BLOWING UP COUNTRY.
6-12-2014 Intel Guru Okie_Oil_Man THERE ARE MEETING'S PRESENTLY GOING ON RELEVANT TO THE UPCOMING R/V THAT WE WILL ENJOY. AS YOU HAVE HEARD BEFORE AND IS MORE TRUE NOW THAN BEFORE--OUR R/V IS CLOSER THAN EVER. THE CONSTANT DELAYS ARE BEING DISCUSSED AND SOLVED AS WE SPEAK. THERE WILL SOME WHO WILL EXCHANGE BEFORE OTHERS AND LET US WISH THEM WELL BECAUSE WE'LL BE HOT ON THEIR HEEL'S IN OUR EXCHANGE. WE ARE SIMPLY AWAITING THE ANNOUNCEMENT OF INTERNATIONAL ACCEPTANCE OF THE NEW VALUE OF THE IRAQI DINAR. THIS IS BEING HANDLED DUE TO OUTSIDE PRESSURE BEING EXERTED ON THE USA. OUR REWARD DRAWETH NIGH. [post 2 of 2]
6-12-2014 Intel Guru Okie_Oil_Man BY NOW I AM SURE YOU ARE AWARE OF THE TURMOIL OCCURRING IN IRAQ. THE INSURGENTS ARE PLAYING HAVOC WITH THE COUNTRY. IT IS ONLY NATURAL FOR OUR CONCERN RELEVANT TO THE R/V AND WHAT IF ANY EFFECT THE DISCOURSE WILL HAVE ON OUR INVESTMENT. WHILE OUR PRAYERS ARE WITH THE IRAQI PEOPLE AND THEIR COUNTRY WE MUST REMEMBER THAT AS A COUNTRY THEY HAVE ALREADY R/I OR R/V'D THEIR CURRENCY SOME TIME AGO AND THAT WILL NOT CHANGE THE VALUE OF THEIR CURRENCY DUE TO PRESENT POLITICAL AND MILITARY UNREST IN THEIR COUNTRY. [post 1 of 2....stay tuned]
6-12-2014 Intel/Newshound Guru Poppy3 MALIKI REDUCED THE SECURITY FORCE THERE JUST LIKE HE DID IN ANBAR A COUPLE MONTHS AGO THEN ORDERED THE ATTACK. HE HAS JUST BEEN TOO OBVIOUS THIS TIME. I THINK HIS GOOSE IS COOKED WELL DONE THIS TIME. I ALSO STILL SEE THE FINANCIAL WORLD AND POWERS...INVOLVED ARE MOVING TOWARDS JUST WHAT THEY HAVE STATED THE LAST FEW WEEKS. CBI READY AND ISX OPENING FOR TRADE ON JULY 1 . TIME WILL TELL. [post 2 of 2]
6-12-2014 Intel/Newshound Guru Poppy3 MALIKI WILL NOT GET A STATE OF EMERGENCY --- PLUS UNITED NATIONS ORGANIZING FOR 4000 TO 5000 TROOPS TO BE THERE VERY SOON. MY SOURCE SAYS TO HIS KNOWLEDGE THERE ARE ZERO AMERICAN TROOPS THERE AT ALL YET. MY THOUGHTS ARE THEY WILL NOT ALLOW THIS TO ESCALATE TO A POINT THEY CAN GET UNDER CONTROL VERY FAST. [post 1 of 2....stay tuned]
6-12-2014 Intel Guru Frank26 today they tell You 10,000 US Troops are in Iraq ...Not true ...It was many days ago and it shall be many more to come.
6-12-2014 Newshound Guru Kaperoni Article: "Invitation to peg to a basket of currencies" we already know the plan as detailed in the IMF Article IV Consultation. I don't expect a peg until the dinar gets to where it belongs first. Let them get in compliance before we start to get a little excited. It is good that despite what is going on, there are some still moving the economy, monetary policy and banking forward. It will come.
6-12-2014 Newshound/Intel Guru BGG This is the End Game for Maliki. He may well get the Fed Court to rule in his favor - but I don't see that being accepted well in the world's eyes. [what is your take on after M is out, what are these insurgents just gonna leave?] The Kurds will step in immediately - would be the easy answer.
6-12-2014 Newshound Guru Millionday [Do you still feel the ISX won't go live without the RV happening first?] the global platform for the isx will include the product of their currency and it will have to be priced for sale when the market goes global --- it is global economics that makes that happen...when the isx goes global it will be priced not that the dinar wont have a reality rate placed on it before or that it may take more time we just dont know but they are talking about the omx launching july 1st and being ready the middle of this month...we dont know the date.
6-12-2014 Newshound/Intel Guru Randy Koonce If Maliki does not get the state of emergency he will know that he is gone...and we believe that he will pull the trigger on the money a few hours before he loses total control...which is by Sunday the 15th... IF he gets the state of emergency then sometime between tomorrow and the 30 days he will need it to bribe enough votes to garnish the largest votes. ...so between now and Monday is looking good and if not then...We are looking within the next 30 days. I believe that we have a very good chance for now until sunday. Do not worry about the fighting it will not last long. I believe that parliament will go ahead and announce Chalibi as the next candidate and we will be very happy by Tues next week...Lets pray for that to happen. I have always said that it does not matter about the violence it is about the money and it would not matter if Iraq blew itself up the money will come. [post 2 of 2]
6-12-2014 Newshound/Intel Guru Randy Koonce WE have been waiting for the election results, the reason we are still waiting is because even tho State of Law won the election Maliki cannot get enough vote to put together the largest group of parliament to get and maintain a majority. ...so he has delayed the election results so that it will give him time to bribe as many parliament people as he can until the 15th of June when the existing parliament must leave their post. That is also when Maliki loses his power as PM and Iraq will put in an interim government...Maliki...has two options 1. threaten, bribe, beg enough people to put together the largest coalition. 2. Try to have an emergency and put the Country into a State of emergency. As you can see on the news Maliki picked Number 2 because he could not do the first one. Tomorrow Maliki is asking for the state of emergency if he gets it he will be PM for 30 more days min or until the crisis is over. [post 1 of 2....stay tuned]
6-12-2014 Newshound Guru Adam Montana 4. Election results should be announced (officially) any day now... but for all those that are certain Maliki will not remain in his position, I have to ask this... who will replace him? There is nobody. And also, why would they be calling for MALIKI to attend these meetings if there was significant chance for him to be outed? I simply don't think he's going anywhere, and if he plays his cards right this is a prime opportunity to make significant progress towards a stronger government, country, and currency. I'm not saying I like Maliki! But I do think that if he's replaced, Iraq will be taking 2 steps backwards, and it will take a couple years for the next PM to be in as strong of a situation to raise the value of the currency. For me, Maliki is the lesser of evils and is the best man for the job at this time.
6-12-2014 Newshound Guru Adam Montana 1. Parliament supposed to wrap up current session shortly. Hopefully budget will be passed, but I'm not too concerned with that either way. 2. 2nd largest city in Iraq Mosul has been taken over by Al Quaida, Maliki calls for State of Emergency. This could be good, because it would give him executive authority to make some MAJOR moves. His goal should be to quash opposition, angle towards a resolution of HCL with the Kurds in order to prevent them from acting individually and cutting Baghdad off from future oil profits, and he should be taking swift action to regain control of Mosul. We will see how this pans out in the next week or so. 3. Regardless of the Mosul situation, Oil Minister declares oil exports will not be affected. This is KEY for any potential raise in the value of the currency...
6-11-2014 Newshound/Intel Guru Eagle1 According to two separate sources, I'm told that the currencies will be released to FOREX and be allowed to float rather liberally for some unspecified period of time "until they achieve market stability," after which "a managed float" of plus or minus 2% would be implemented. If the IQD comes out at the $3+ rate we've been hearing behind the scenes for many months, I would expect it to react similarly and perhaps settle in a $4+ range or even higher. There's another item to consider with these currencies, and that's the future of the VND. For well over a year, the projection from major economists and traders has been in the $.45 - $.49 range. We've seen those numbers increase in recent weeks and months, but here again we have a whole lot of fluidity in play. I will say that if the VND comes out anywhere near those numbers, it won't stay there for long! Vietnam's economy is a whole lot stronger today than it was 30 years ago. [post 3 of 3]
6-11-2014 Newshound/Intel Guru Eagle1 As the months have turned into years, any idea has long since been abandoned that the currencies with their numbers would remain a secret. Many individuals have been poised for well over a year to take advantage of any gap between one or more currencies revaluing before the rest. For that reason the IMF, its controlling board and its associated central bankers have ditched any plans for a sequential rollout. This past weekend any nations, whose new currency valuations had yet to be released to the IMF, did release those numbers to the IMF. [post 2 of 3....stay tuned]
6-11-2014 Newshound/Intel Guru Eagle1 Obviously the entire RV/GCR has been a very fluid event for a long time. We have all seen a fistful of events transpire which have led us to believe that our Blessing is imminent. Nothing I've seen or heard changes that, either. However, for some months there has been a background current of expectation that we were going to see things break in a two-step process beginning with a "general RV" consisting of the revaluation of all of the major currencies, (and available only for a short time in order to accommodate private placements and private exchanges) followed by a Global Reset which would make all of the restructured currencies (both gainers and losers) available to the general public. That plan has apparently gone by the wayside. [post 1 of 3....stay tuned]
6-11-2014 Intel Guru TNT Tony [via Adept1] What we do know is all good news today. Bank people are still at the bank, and staff are at the exchange centers, for the most part. Everybody is still on Go, we just don’t know the exact time or moment...you should all be happy. I’m super-fantastic and I’m ready for this ride to be over! [In late June, Ramadan starts and some want to push it off to 1. July. Then some Iraqi officials says they don’t want to do it after June 28th. Is that true?] I think they will do it before then.
6-11-2014 Intel Guru DC [via Adept1] It was supposed to go down Monday and then yesterday, and things are very close right now. We are in a phenomenal position...I know what certain agencies and people are saying, but really it’s an hour by hour fight.
6-11-2014 Newshound Guru Millionday Article quote: "ruled out an economist and a relationship between the Iraqi government's actions and the high exchange rate of Iraqi dinar against the U.S. dollar, and expected recovery in the dollar to its previous status within days." it gets better...Quote: "the Central Bank of Iraq is responsible for the policies of the stability of the exchange rate of the Iraqi dinar against foreign currencies, the only one who has the mechanisms and authority for the stability of the exchange rate of the dinar in Iraq." it appears that CBI is getting pressure...also they are saying that everything is in place but the budget and that is what is holding back funds for projects... it is saying security-gov - budget-and all else has no effect -- it is CBI `s job to move the rates.
6-11-2014 Intel Guru Frank26 Two weeks ago...I said they will NOT give us the election results until the last possible nano seconds...Like the 14th or 15th. Still looking that way. [I believe this is what we are waiting for and I am very very excited!] I must admit...Me too. Stay Strong as we watch many things come to a conglomeration around the 15th...To the 1st.
6-11-2014 Intel Guru MarkZ We seem to be stuck in a any moment groundhog day. There has been no bad news and only positive. All my sources still think any moment.
6-11-2014 Newshound Guru Millionday Article quote: "A member of the parliamentary Commission on Security and Defense MP, of the State of Law coalition, Abbas al-Bayati denied the government's intention to impose a state of emergency in the country, after the fourteenth of this month..." it is not going to happen and is not needed to have a state of emergency.
6-11-2014 Newshound/Intel Guru BGG I do believe Maliki is in deep trouble. This appears to be his MO. When in trouble - start a war...as I have said for 2 years - once he's gone, it's good for everyone. I think the next few days will be very telling for us.
6-11-2014 Intel Guru Mnt Goat Under the Iraq constitution, parliament can declare a 30-day state of emergency on a two-thirds vote by its members, granting the prime minister the necessary powers to run the country. But the speaker of the house must bring this proposal to the members for a vote. He refused in the past and so far he is still refusing. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government with relative stability. I am now hearing from my Iraq sources that the judiciary will now wait until next week (past June 14th) to make the announcements... [post 2 of 2]
6-11-20124 Intel Guru Mnt Goat Islamic militants overran parts of Iraq's second-largest city, Mosul, on Tuesday...Is this not the day the judiciary was supposed to announce the ratified election results thus the players in the new government of Iraq. Maliki was not going to be part of it. The timing of this event could not be more obvious as to what Maliki is attempting to do. He is creating this violence with the hope that the parliament will cave in under pressure for a solution and grant him the powers he requested. [post 1 of 2....stay tuned]
6-11-2014 Intel Guru Bluwolf ...today the insurgency took over a city in Iraq, today was the official launching of the new PM, today all was to go international...Ok, that was the bad news. The good news is that nothing has changed, that we are set to go asn, that the negative in Iraq today doesn't change that they have a new PM, that they are democratically sovereign and by this fact they must now reach out to the world as being internationally sovereign as well and for that they must launch their currency internationally.
6-11-2014 Intel/Newshound Guru Poppy3 VERY CURIOUS THAT MALIKI MOVED HIS FAMILY OUT OF THE COUNTRY TWO WEEKS AGO AND HE FLEW THEM OUT OF THAT AIRPORT THEN MOVE THE MAJORITY OF THE SECURITY FORCES OUT THEN HE SENDS IN HIS GOONS AND TAKES THE PLACE OVER. LAST NIGHT [MONDAY] I REPORTED I RECEIVED INFO THAT THE RV WILL NOT GO BEYOND JUNE 30. AS FOR HOW THIS WILL EFFECT THAT STATEMENT IT WILL DEPEND IF THE GOI FALLS FOR MALIKI'S DISTRACTION AGAIN.
6-11-2014 Newshound Guru Tlar ...here is where we were going and I happen to think we are still going there. On June 14th the present parliament is done. Right after that the new members will convene and the first order of business will be to vote a new PM in. That decision has already been agreed to by all the sects so that should be a slam dunk. The next few days will be critical to our investment ...I still believe Turki will pull the trigger the last week of this month...I feel very comfortable that this investment will come to fruition in the next 3 weeks. In fact I believe this so strongly that I am saying "WE ARE THERE." [post 2 of 2]
6-11-2014 Newshound Guru Tlar Maliki has lost this election big time and the coalition has won. The election results are not yet ratified but the coalition’s lead is an impossible hill for Maliki to climb. There will be a government change soon. Last night a new hitch was put in this get along. Maliki announced that the ISIS and or Daash has moved in and taken Mosul the 2nd largest city in Iraq. He is calling for the parliament to declare Marshall law which is required by law. It won't happen. The election results are supposed to be released today. Maliki is calling for a complete cessation of the election and if parliament declares Marshall Law, that would leave Maliki in charge until it is undeclared. The timing, the motive and the orders are suspicious. Today [Tuesday] or tomorrow we should have an answer to this situation. [post 1 of 2....stay tuned] 6-10-2014 Newshound/Intel Guru Eagle1 Let me give you a benchmark for Vietnam. Let's go back to the late 60's before the dong was sanctioned and put on a program rate. It was worth over $2.20. I'm not hearing anybody saying we're going to hit $2.20 but look for .47 to .49 and I wouldn't be surprised to see it float upward fairly quickly to over .80. [post 3 of 3]
6-10-2014 Newshound/Intel Guru Eagle1 The return on your investment should be spectacular on top of spectacular. They have already given a number to the IMF. But if they come out at that number not to expect that number to sit there very long. They've given a top and low end range to the IMF and right now it's somewhere in the middle. What I'm getting from my high-level contacts - they're saying they're going to let these currencies float initially then settle back. Look at Kuwait. They're saying they're going to do that with the dong, the dinar, the rupiah, approx. 80 currencies will float freely. But they're not saying for how long but will float until they reach market stability. [post 2 of 3....stay tuned]
6-10-2014 Newshound/Intel Guru Eagle1 [via FLPatriot59] You're going to [be] rich real soon, and sooner than later. I'm inclined to think they're going to sit their government sooner than the 15th. There's a whole of political fussing going on behind the scenes.The have extracted a promise from CL for a deadline. Mosul is not a delay. If anything I see these events like this as mechanisms that will increase the need for it to take place all the sooner. [post 1 of 3....stay tuned]
6-10-2014 Newshound Guru Tlar [With a series of articles over the past several weeks indicating increasing animosity for Maliki as the next PM, what is the National Alliance dragging its feet on announcing who they are nominating instead of Maliki? Is there something to be gained by dragging to process out?] The NA is not dragging their feet. Remember nothing happens until the 15th. The coalition is waiting for the election results which prove they are the winners. Maliki tried on numerous occasions to strike a deal for immunity...and the coalition would not deal with him. The coalition has the numbers and no matter what, they control the outcome of this election and will get the PM they want and make Iraq the government they want.
6-10-2014 Intel Guru TNT Tony Everything that glitters is not gold and all bad news is not bad (sometimes required).
6-10-2014 Newshound Guru Enorrste At the same time, I do not think that this is necessarily bad for our investment. ...Mosul is a large city and the story of giving it all up to terrorists "doesn't pass the smell test." This is largely political. I am not certain that I agree that this is a desperate attempt on Maliki's part. This man is very shrewd and this may be a ploy on his part to convince the new parliament to "not rock the boat" and let him have his 3rd term. [post 2 of 2]
6-10-2014 Newshound Guru Enorrste Article: "Bayati denies government's intention to impose state of emergency" If Maliki institutes marshall law then, effectively, he becomes a dictator. Once that door is open it will be up to him alone to determine when to close it again. That cannot be good, in my view. Najafi may think she is just calling his bluff, but if he does show Thursday and they follow his lead, which is the way it looks now, he may be in for a very long time. [post 1 of 2....stay tuned]
6-10-2014 Newshound Guru Kaperoni Article: "Gunmen "control" to Mosul in northern Iraq, and al-Maliki calls for parliament to declare a state of emergency" my fear is the destruction these terrorist groups do in the meantime. They proven to destroy bridges electric plants power poles, etc. Take over gov offices, raid banks..on and on. This slows down our investment.
6-10-2014 Newshound Guru Bondlady Terrorist has taken over several parts of Iraq that's why Maliki is calling for a state of emergency convening in parliament. He really does need to push the marshal law button at this point, they fled into Iraq from Syria. It's so bad right now the Kurds pershmerga army and the federal army have joined forces to protect the borders coming in from Syria. you all know Kurds and Baghdad are at odds right now so you know this is huge and major important to Iraq's security...if they don't all join up to save Iraq it'll be bad bad. it's pretty bad right now I expect to see the UN or USA come in at any time to aid in the fight, it is that bad imo, we shall see.
6-10-2014 Newshound Guru Shredd [Are they still talking "mid" year?] last we heard, yes. [Do you think their plan is still to get things rolling "bigtime" this month?] I expect nothing. Not to say I don't think the CBI won't move forward with their plan to begin removing the three zero notes...we'll just have to see and not sure if political situation and lack of a passed budget will delay things. [post 2 of 2]
6-10-2014 Newshound Guru Shredd [how do they continue to grow there GDP and there currency is at 1166?] easy, managed the rate, it doesn't have to reflect true value like a free float but once Iraq is a market economy it will need to. imo, there is a process for Iraq to get there. [the question might be...how long will the process take?] well the project to delete the zeros is a big part of the timing. [post 1 of 2....stay tuned]
6-10-2014 Intel Guru Winalot The country is flooded with visitors from other countries. It is going to be confusing enough for the Iraqi's, without adding a half dozen other foreign currencies brought in by the visitors to deal with. Not to mention the cost of exchanging that currency at the new rates. Today, we see that Al-qaeda has has taken over parts of Mosul, and they already control Fallujah. Do you think for one second that there will be a revaluation while this is going on? I seriously doubt it. Al-qaeda would gain too much financially if the revaluation were to occur. I have no idea where that leaves us as far as a time frame... and I seriously doubt anyone knows. Including Iraq. [post 2 of 2]
6-10-2014 Intel Guru Winalot A new Parliament is to be seated on the 15th of the month. They have not passed a budget. They have no new Prime Minister. That gives us thru Friday if they are going to do this before Ramadan. If not before the 15th, the new parliament takes over, and the business of seating a government will take precedence over the budget and any other business at hand. The new parliament will have 13 days to seat a full government, decide on a PM, pass the budget, and revalue the currency, all before Ramadan. Ramadan starts on the 28th of the month. I feel it is highly unlikely for the revaluation to occur during that time. [post 1 of 2....stay tuned]
6-10-2014 Intel Guru Frank26 I was asked IF I believe we will see a seated GOI by the 15th...I said no, IMO. Asked...will we see Supreme Courts' final results on the elections on the 10th today? I said no. As I shared two things...Politicians are RUNNING from Iraq AND Some politicians threatened Iraq Banks. (THAT WAS A BIG MISTAKE).
6-10-2014 Newshound Guru Millionday we have some good news tonight and it goes along with the platform we are holding our breath about...that is the ISX hooked to the global platform OMX and what that means to us is - international compliance for it to launch...now let me add one more thing...the Lebanon Banks said they are not getting a return on their investments as the rest of the international banks etc but THEY ARENT WORRIED ABOUT IT BECAUSE THEY STRATEGICALLY PLACED THEMSELVES IN IRAQ FOR THE GAINS FROM THE SECURITIES MARKET (isx). HUGE STATEMENT TO NOT CARE ABOUT MONEY INVESTED BECAUSE OF A RETURN COMING ...
6-10-2014 Newshound/Intel Guru Poppy3 [is there any good news...?] YES ...I WILL SAY THEY TOLD ME WE WILL NOT GET OUT OF JUNE WITHOUT SEEING THE RV.
6-10-2014 Intel Guru TerryK WHAT I HAVE BEEN TOLD THIS AM IS THAT THIS IS ALL DONE AND THAT WE ARE ONLY WAITING FOR THE TECHNICAL ANNOUNCEMENT AS IRAQ HAS IDENTIFIED ITS NEW PM. THAT IS TO COME EITHER TONIGHT [MONDAY] OR IN THE MORNING. WHEN THAT HAPPENS THEN THE IMF AND THE UN WILL RELEASE THE CODES FOR THE MAGIC MACHINES TO TURN ON THE RV. ALSO THE GOLD STANDARD HAS NOT BEEN SIGNED OFF AS OF YET. LOOKING FOR THAT EITHER TONIGHT OR TOMORROW AS WELL. ONE DC CONTACT SAID TUESDAY NIGHT RINGS STRONG BUT ANOTHER SAID IT WAS TO HAVE GONE DOWN LAST SATURDAY. SO IT’S JUST SITTING THERE READY. IT’S ALL UP TO THE IMF AND UN...ONCE THEY (IRAQ) MAKE THE OFFICIAL ANNOUNCEMENT OF THE PM AND SEAT HIM YOU WILL SEE IT. IT’S COMING PEEPS. IT’S NEARLY HERE.
6-9-2014 Newshound Guru Kaperoni It appears that the CBI is now finally trying to reduce the spread to where it should be (by liberalizing the foreign exchange, use OMO and allow money exchangers) to meet the conditions set forth from the IMF. This has been a work in progress for Turki since mid last year. We have to hope that once that is achieved, the IMF will let them exit Article XIV and move to Article VIII and a new exchange regime. [post 2 of 2]
6-9-2014 Newshound Guru Kaperoni ...could the CBI RV'd the currency or exited Article XIV to Article VIII before now? Raise the value under Article XIV? sure, (and Shabibi did it several times)...exit to Article VIII and make the dinar convertible probably not. Shabibi could have because back in 2012 he was in compliance, but since Turki took over they are not...so...until they are in compliance, the IMF will not let them exit to Article VIII. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru DC [via Adept1] Things look really phenomenal...in terms of everyone being prepared, happy, and on lockdown. Was the process paused? Maybe, but now we are back on green, good to go. I am looking for this TODAY. I know people like back windows, but they don’t exist at this point. It’s day to day, almost hour by hour now. [Is there still a contract rate?] Everything is the same as what we’ve been describing. Everything looks amazing, and we are fully expecting it at any time across the entire world.
6-9-2014 Intel Guru TNT Tony [via Adept1] I am super-fantastic right now. [I understand the currency will be trading on the ISX...and also on the Forex? What will come first...forex or RV?] It will happen at the same time...on forex. Trading on the Forex is what makes it international. It will show up on the ISX on July 1, and that is public information. [Is there still a China rate?] Do you mean is there still a contract rate? There are still contract rates. [Is there anything we are waiting for before this goes through?] Yes, there is a public announcement that has to be made about the about the GOI, and that will be made over there...and then things will go quick. It is literally hour by hour now and could happen at any time.
6-9-2014 Newshound Guru Aggiedad77 Article: "Economist: delay in the budget behind the rise of the dinar and the dollar will rise .. soon" Any relationship between the Iraqi government and the high exchange rate of the dinar against the USD has been ruled out by economists and an expected recovery of the dollar within the next few days is predicted...the CBI is the one who sets policies for the exchange rate of the IQD against any foreign currency...they are the only one who has the authority to affect such changes...that is an important point to remember...it is a positive thing to witness the continued auctions by the CBI even with the government basically at a standstill due to the lack of an approved budget...this shows the independence of the CBI to the government...the drop in the price of the buying and selling of the USD and other foreign currencies is positive for the policy of national exchange.
6-9-2014 Intel Guru Mnt Goat From June 10th to mid July we are in the absolute best window ever to see the international announcement of the revalued IQD currency. I believe the RV could happen at any stage of the process after June 10th but I am saying it is most likely to happen just before or just after the announcement of the newly formed government’s completion and before the expected July 1st ISX rollout. The IQD rate will be high when it comes out and it will climb very quickly. Iraq has met all necessary Basel III requirements and beyond for valuation of a very, very high rate as an asset backed currency. [post 2 of 2]
6-9-2014 Intel Guru Mnt Goat So what happened last week with the Qi Cards? ...they are now loading these cards for those who are traveling abroad and for those Iraqi citizens already living in foreign countries. So how will they be able to use these cards abroad without an international rate in this manner? On April 19, 2009, the ISX switched to electronic trading. Now they plan to fully rollout the last phase of the ISX and this phase includes the complete international implementation. This is planned for July 1st of this year. This past week there were statements made by Turki (acting governor of the CBI) stating that the CBI will start the lifting of the 3 zeros and they will be ready for the ISX to start trading internationally on their opening day of July 1st. I...believe they must begin the process of going international with their currency days in advance of that date to be ready. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru MarkZ I did rather expect to see an RV early this morning. I knew based on progress late Saturday that thinking we would have it Monday morning was optimistic but, I am a glass half full kinda guy. We are still close and closing on done. [SO- the latest chatter leans to another week: 6/15...?] I doubt another week. My only concern is I know logistics are much easier to do it on a weekend. That being said no one has taken the easy road on this so far so I wouldn't be at all surprised to see it just pop mid day this week. [I am thinking when July 1st when Iraq is on ISX.] I do not think we have to wait that long. [out of the 4 in the basket what do you think will be the best bang for your buck?] I still think VND is the best dark horse but only time will tell us. [heard rumors of $4 & $11 for IQD your thoughts?] street 4 ish and contract higher is MO.
6-9-2014 Newshound Guru Millionday my opinion is -- they are trading on the isx right now -- in country -- however to hook to the global market the dinar is their largest and all countries largest product -- it will be priced at its value -- however it shall be, it will be its true value as all items and shares --- or they wont have a market -- [Would it not be financial suicide to enter the global market at 1166...? Would it not be a disaster?] it would wipe them out in my opinion. i read that they may float it at a managed float for six months from the set value -- that means 2% one way or the other and i read they will set the price and it will hold for six months...i read it will float from the beginning from the reality rate -- that i totally disagree with. we will have to see, either way a price for the product (dinar) will be set.
6-9-2014 Intel/Newshound Guru Poppy3 I THINK AS SOON AS THE NEW PM IS NAMED PUBLICLY THAT THE GOI WILL BE SET WITHIN A WEEK TO 10 DAYS AND ALL WILL MOVE FORWARD IN EVERY WAY....BUDGET, 140, HCL, RV...ALL WILL BE ALMOST SIMULTANEOUSLY. WE HAVE TO...MAKE SURE THAT POST IS FACTUAL AND NOT SOME PLANTED REPORT. WE ARE GOING TO WIN VERY SOON AND THAT PART IS FACT. [post 2 of 2]
6-9-2014 Intel/Newshound Guru Poppy3 just received this email -- HAS NOT BEEN CONFIRMED BUT IS WHAT I HAVE BEEN EXPECTING... "National Alliance: Maliki's reign ended after he settled the name of the Prime Minister Agency eighth day June 8, 2014...The source declined to name the next prime minister before the ratification of the results, but stressed that Iraq will not be a new era of Mr. Nuri al-Maliki any executive role in it..." IF THIS NEW PM IS GOING TO KEEP TURKI THEN THERE SHOULD BE A FAST TRANSITION FROM MALIKI GROUP TO THE NEW GOI. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru Hub i wonder if finally having some local (dinar) currency available for the people to use, might stop some of the outbreak of violence. If they can work for money, support their family, this has to have a soothing effect, i would think. [one would think, at least at RI or RV " numbers "...a dime would be huge.] yes it would, but i dont think going back to the pre war value is a big deal...this is where it will go...i have no doubt it will...no reason not to.
6-8-2014 Intel Guru Jester WE'RE CLOSE...I DO BELIEVE WE ARE A LOT CLOSER THAN MANY THINK... IF I DIDN'T I WOULD TELL YOU.
6-8-2014 Newshound Guru Tlar Once the final results are in this should go very fast. Nothing happens until then unless the SOL disavows M [Maliki] and selects a new PM candidate. Until either the results being announced on the 10th or a move by the SOL happens, we are and have been in a holding pattern as they negotiate away. I am hoping to see the SOL do their thing within the next 24 hours. ... IMO Chalabi will be the PM because that is the coalition’s first choice. ...I have said on day one, the 15th, they walk in and vote Chalabi in. The Kurds and Sunnis have already picked the pres and VPs from their areas so it should only take days to put the government together.
6-8-2014 Intel Guru Hub this broker was involved with the kuwait rv and knows all about this...he says he has seen it was ready for a while and doesnt know why it has not popped other than the admin. stopping it. he also has three imf investors in his company. ...he has seen this ready to go for about 6 months. he has real info on real screens, just doesnt know why they have not released it. ...he has said is we will be very happy...he wont go any futher than that...it will need to be close to kuwait or the entire region will be out of kilter. [post 2 of 2]
6-8-2014 Intel Guru Hub with all this news along with the stuff we have been hearing, how can the valueless dinar withstand be readjusted to international tradeable status much longer?...it cant... [TRUE, it has to be revalued soon!] i think it is now...my currency contact said it should have gone last week and it seems...it was to go last Monday and was held up...[you have a currency contact?] yes i do..lady that works with me has a contact that goes up the line...a nyc currency broker... [post 1 of 2....stay tuned]
6-8-2014 Intel Guru Frank26 [Are we going to hear more about the cards today?] It was our desire to have the CBI say something today concerning the Qi Cards...We see nothing. If You see no IR ...Then it is IMPOSSIBLE to see these cards.
6-8-2014 Newshound Guru wmawhite [it seems to me it will be costing them a heckuva lot less with a strong rate, really quickly.] you are correct. Iraq could try to do international commerce at 1166 once they move to Article 8 however, they would be broke in less than a year. In other words...paying 1166 IQD for every $1 would break them. Iraq doesn't have enough IQD. [post 2 of 2]
6-8-2014 Newshound Guru wmawhite If you had a contract...any contract with Iraq for any amount...lets say $12 million...that is payable on the first of each month at $1 million per month...what do you care about? Regardless of what the exchange is or isn't...all you care about is that $1 million hits your bank account on time each month. You couldn't care any less what the exchange rate is. However! Iraq, who is the payer does care what the exchange rate is and that is why they will need a stronger rate very soon. [post 1 of 2....stay tuned]
6-8-2014 Intel Guru TNT Tony So far we are having a superfantastic weekend. Only good news so far. Let's...see what sunrise brings.
6-8-2014 Newshound Guru chattels [...no budget for today?] i never thought there would be a budget today or any of the other days forecasted by some. Maliki, the budget, oil, all are politically intertwined it appears...i never believed that the news of it was anything other than rhetoric. IMO, there is NO WAY that there will be a budget vote by this Parliament.
6-8-2014 Intel Guru TD For the 2nd time now I've received info that Maliki will be announced this coming week as PM. He is brokering deals as we speak with the rich & powerful. He's desperate to hang onto power as he will face corruption charges otherwise. The Kurds are NOT bluffing : cessation is real!! Escalation of violence, parliament still trying to find it's footing as a legislative body, significant laws on standby. This is NOT the recipe of stability anyone wants. As I said at the start of June that this month will come & go WITHOUT fanfare relative to the dinar & currency reform and THAT is a realistic scenario. There's too much still to work thru.
6-8-2014 Newshound Guru Kaperoni I think everyone who is invested in the dinar has seen how the Kurdistan region has flourished. They did things right from the beginning back in 2003 setting security in place and building from there. They are years ahead of the rest of Iraq...issues between the central government and Kurdish region have gotten worse of late, not better. Let's hope for all of us this is a bluff and motivation to get some sort of agreement on oil done soon, a new central government formed and the goal...economic transition to a market economy. I don't think the Kurds are going to wait much longer. [post 2 of 2]
6-8-2014 Newshound Guru Kaperoni Article: "The provincial government plans to issue currency in cash to complete the steps to secede from Iraq" Quote: "The process of issuing its own currency province of Kurdistan has been the subject of discussion in the parliament session, which was held last Wednesday..." It could be a bluff to get the oil agreement done and new goi formed. Clearly, the Kurds are frustrated for whatever the reasons...they are being held back for years. [post 1 of 2....stay tuned]
6-8-2014 Intel Guru Jester [315 people were killed in Iraq today. is this country ready for this?] I AM OF THE OPINION THAT THE RESET AND RV WILL HELP THAT SITUATION... SO IT IS NOT A MATTER OF THEM BEING READY AS MUCH AS IT IS AS THEM NEEDING IT...IT WILL HAPPEN... TIMING IS AN ISSUE.... BUT IT WILL HAPPEN. 6-7-2014 Newshound Guru Stryker Quote: "the House of Representatives approving the budget bill so as not to be a black spot in the history of the current session of the Iraqi parliament." If this is true and they can get it done before the June 14th Turki should have everything he needs for the economic situation to be right for the country, especially since OFAC has already terminated the prohibitions under Obama's new executive order amending EO 13303. Now we just need to see the political situation be correct for the country so Governor Turki can implement the reform program ...the ratification of the election results should be announced between Tuesday the 10th and Saturday the 14th...Next week should be a very telling week for us...
6-7-2014 Newshound Guru Kaperoni Article: "Iraqi market for securities confirms the "continued growth" in spite of the violence and calls for legislation of new laws to revive the economy" [As you have reminded us in the past, they can put the needed laws in a basket and pass them quickly.] Pretty sad really..so close, yet so far. They need to get the new parliament in session and get these laws passed.
6-7-2014 Intel/Newshound Guru Poppy3 JUST WENT OVER ALL THE NEWS AGAIN FROM THE WEEK AND COME UP WITH THE SAME CONCLUSION MALIKI IS DONE.
6-7-2014 Newshound/Intel Guru BGG Article: "Supreme Council denies al-Maliki to negotiate five ministries compared to the third term" I don’t think there is any validity to Maliki promising Hakim any such 5 ministries… First, that would be too much control for him to hand over to anyone. Second, Hakim has been staunchly opposed to any future rulership of Maliki. Third, there is a consistent theme of Hakim meeting with other leaders and Maliki – but in confirmation of this article, he refuses to even entertain conversation of a 3rd Maliki term.
6-7-2014 Newshound Guru Millionday [Any idea how long it would take them to make the transition to a market economy?] i would say with all they have in place that they are capable with the isx hooked up and headed for the omx platform that it could be anytime -- the laws are in place and they are not under immunity any longer. they also have data entry and e-government in place and viable investors waiting at the bit. [What's holding them up then, waiting for election results?] i would say the election results are done and they are meeting with the kurds to do the budget -- distribution -- hcl -- article 140 -gov formation-- i dont think they are waiting on this i just think they are doing this -- the market going to the global platform is not work and labor effective without an actual reason.
6-7-2014 Newshound Guru Tlar The next two days...we will probably witness the disintegration of his government and most likely the abandonment of his nomination by the SOL. If the SOL does get rid of him I believe the CBI will move on the currency quickly meaning the last week of this month. They to are sort of backed into a corner to move on this because of all the changes that need to take place in their stock market. Either way I think by the middle of next week we will see M out if not before. [post 2 of 2]
6-7-2014 Newshound Guru Tlar Maliki has made 2 passes saying he will step down if he is granted immunity. Obviously both were rejected. He cannot win. The way to get rid of him overnight is for the SOL to pull his nomination. Either they do it quickly or as a party they are done. If they hold their position M will be rejected and then he is done. The heads of the SOL are only hanging on out of fear it is their last bargaining chip for immunity. Iran saying no no no finishes any hope they had. Checkmate M. [post 1 of 2....stay tuned]
6-7-2014 Newshound/Intel Guru BGG [you think maybe this month for us on the rv, in your opition?] Maybe - maybe not...but things sure seem to be moving forward.
6-7-2014 Intel Guru Jester THERE IS A TON OF INFORMATION FLOWING AROUND RIGHT NOW ABOUT THIS WEEKEND BEING THE ONE...AND THAT IS OKAY...WE KNOW WE ARE WHAT I WOULD CALL HIGH ALERT RIGHT NOW... BUT AS I HAVE BEEN IN THE PAST SEVERAL MONTHS... I AM CALLING IT CAUTIOUSLY OPTIMISTIC...WE KNOW THAT CERTAIN THINGS MUST HAPPEN IN ORDER FOR YOU TO SEE WHAT YOU WILL LIKE TO SEE... AND THAT HAS NOT STARTED YET... SO WE REMAIN THAT WAY FOR NOW...EVEN MY PEOPLE THINK THAT THERE IS A RUMBLING ON THE HORIZON RIGHT NOW.
6-7-2014 Intel/Newshound Guru Poppy3 ...FOR SURE THIS RV WE HAVE ALL BEEN WAITING ON IS WITHIN SIGHT. I AM ANTICIPATING EVEN MORE REAL NEWS OF MOVEMENT AND THE STATEMENT THAT TURKI MADE THAT THE CBI WILL START THE LIFTING OF THE 3 ZEROS WILL START AND THEY WILL BE READY FOR THE ISX TO START TRADING INTERNATIONALLY ON THEIR OPENING DAY OF JULY 1, THEN I THINK HE HAS TO START THE PROCESS DAYS IN ADVANCE OF THAT DATE. TIME WILL TELL THE TRUTH BUT SURE SEEMS THAT COMMON SENSE SAYS YES THEY WILL.
6-8-2014 Newshound Guru Tlar Once the final results are in this should go very fast. Nothing happens until then unless the SOL disavows M [Maliki] and selects a new PM candidate. Until either the results being announced on the 10th or a move by the SOL happens, we are and have been in a holding pattern as they negotiate away. I am hoping to see the SOL do their thing within the next 24 hours. ... IMO Chalabi will be the PM because that is the coalition’s first choice. ...I have said on day one, the 15th, they walk in and vote Chalabi in. The Kurds and Sunnis have already picked the pres and VPs from their areas so it should only take days to put the government together.
6-8-2014 Intel Guru Hub this broker was involved with the kuwait rv and knows all about this...he says he has seen it was ready for a while and doesnt know why it has not popped other than the admin. stopping it. he also has three imf investors in his company. ...he has seen this ready to go for about 6 months. he has real info on real screens, just doesnt know why they have not released it. ...he has said is we will be very happy...he wont go any futher than that...it will need to be close to kuwait or the entire region will be out of kilter. [post 2 of 2]
6-8-2014 Intel Guru Hub with all this news along with the stuff we have been hearing, how can the valueless dinar withstand be readjusted to international tradeable status much longer?...it cant... [TRUE, it has to be revalued soon!] i think it is now...my currency contact said it should have gone last week and it seems...it was to go last Monday and was held up...[you have a currency contact?] yes i do..lady that works with me has a contact that goes up the line...a nyc currency broker... [post 1 of 2....stay tuned]
6-8-2014 Intel Guru Frank26 [Are we going to hear more about the cards today?] It was our desire to have the CBI say something today concerning the Qi Cards...We see nothing. If You see no IR ...Then it is IMPOSSIBLE to see these cards.
6-8-2014 Newshound Guru wmawhite [it seems to me it will be costing them a heckuva lot less with a strong rate, really quickly.] you are correct. Iraq could try to do international commerce at 1166 once they move to Article 8 however, they would be broke in less than a year. In other words...paying 1166 IQD for every $1 would break them. Iraq doesn't have enough IQD. [post 2 of 2]
6-8-2014 Newshound Guru wmawhite If you had a contract...any contract with Iraq for any amount...lets say $12 million...that is payable on the first of each month at $1 million per month...what do you care about? Regardless of what the exchange is or isn't...all you care about is that $1 million hits your bank account on time each month. You couldn't care any less what the exchange rate is. However! Iraq, who is the payer does care what the exchange rate is and that is why they will need a stronger rate very soon. [post 1 of 2....stay tuned]
6-8-2014 Intel Guru TNT Tony So far we are having a superfantastic weekend. Only good news so far. Let's...see what sunrise brings.
6-8-2014 Newshound Guru chattels [...no budget for today?] i never thought there would be a budget today or any of the other days forecasted by some. Maliki, the budget, oil, all are politically intertwined it appears...i never believed that the news of it was anything other than rhetoric. IMO, there is NO WAY that there will be a budget vote by this Parliament.
6-8-2014 Intel Guru TD For the 2nd time now I've received info that Maliki will be announced this coming week as PM. He is brokering deals as we speak with the rich & powerful. He's desperate to hang onto power as he will face corruption charges otherwise. The Kurds are NOT bluffing : cessation is real!! Escalation of violence, parliament still trying to find it's footing as a legislative body, significant laws on standby. This is NOT the recipe of stability anyone wants. As I said at the start of June that this month will come & go WITHOUT fanfare relative to the dinar & currency reform and THAT is a realistic scenario. There's too much still to work thru.
6-8-2014 Newshound Guru Kaperoni I think everyone who is invested in the dinar has seen how the Kurdistan region has flourished. They did things right from the beginning back in 2003 setting security in place and building from there. They are years ahead of the rest of Iraq...issues between the central government and Kurdish region have gotten worse of late, not better. Let's hope for all of us this is a bluff and motivation to get some sort of agreement on oil done soon, a new central government formed and the goal...economic transition to a market economy. I don't think the Kurds are going to wait much longer. [post 2 of 2]
6-8-2014 Newshound Guru Kaperoni Article: "The provincial government plans to issue currency in cash to complete the steps to secede from Iraq" Quote: "The process of issuing its own currency province of Kurdistan has been the subject of discussion in the parliament session, which was held last Wednesday..." It could be a bluff to get the oil agreement done and new goi formed. Clearly, the Kurds are frustrated for whatever the reasons...they are being held back for years. [post 1 of 2....stay tuned]
6-8-2014 Intel Guru Jester [315 people were killed in Iraq today. is this country ready for this?] I AM OF THE OPINION THAT THE RESET AND RV WILL HELP THAT SITUATION... SO IT IS NOT A MATTER OF THEM BEING READY AS MUCH AS IT IS AS THEM NEEDING IT...IT WILL HAPPEN... TIMING IS AN ISSUE.... BUT IT WILL HAPPEN. 6-7-2014 Newshound Guru Stryker Quote: "the House of Representatives approving the budget bill so as not to be a black spot in the history of the current session of the Iraqi parliament." If this is true and they can get it done before the June 14th Turki should have everything he needs for the economic situation to be right for the country, especially since OFAC has already terminated the prohibitions under Obama's new executive order amending EO 13303. Now we just need to see the political situation be correct for the country so Governor Turki can implement the reform program ...the ratification of the election results should be announced between Tuesday the 10th and Saturday the 14th...Next week should be a very telling week for us...
6-7-2014 Newshound Guru Kaperoni Article: "Iraqi market for securities confirms the "continued growth" in spite of the violence and calls for legislation of new laws to revive the economy" [As you have reminded us in the past, they can put the needed laws in a basket and pass them quickly.] Pretty sad really..so close, yet so far. They need to get the new parliament in session and get these laws passed.
6-7-2014 Intel/Newshound Guru Poppy3 JUST WENT OVER ALL THE NEWS AGAIN FROM THE WEEK AND COME UP WITH THE SAME CONCLUSION MALIKI IS DONE.
6-7-2014 Newshound/Intel Guru BGG Article: "Supreme Council denies al-Maliki to negotiate five ministries compared to the third term" I don’t think there is any validity to Maliki promising Hakim any such 5 ministries… First, that would be too much control for him to hand over to anyone. Second, Hakim has been staunchly opposed to any future rulership of Maliki. Third, there is a consistent theme of Hakim meeting with other leaders and Maliki – but in confirmation of this article, he refuses to even entertain conversation of a 3rd Maliki term.
6-7-2014 Newshound Guru Millionday [Any idea how long it would take them to make the transition to a market economy?] i would say with all they have in place that they are capable with the isx hooked up and headed for the omx platform that it could be anytime -- the laws are in place and they are not under immunity any longer. they also have data entry and e-government in place and viable investors waiting at the bit. [What's holding them up then, waiting for election results?] i would say the election results are done and they are meeting with the kurds to do the budget -- distribution -- hcl -- article 140 -gov formation-- i dont think they are waiting on this i just think they are doing this -- the market going to the global platform is not work and labor effective without an actual reason.
6-7-2014 Newshound Guru Tlar The next two days...we will probably witness the disintegration of his government and most likely the abandonment of his nomination by the SOL. If the SOL does get rid of him I believe the CBI will move on the currency quickly meaning the last week of this month. They to are sort of backed into a corner to move on this because of all the changes that need to take place in their stock market. Either way I think by the middle of next week we will see M out if not before. [post 2 of 2]
6-7-2014 Newshound Guru Tlar Maliki has made 2 passes saying he will step down if he is granted immunity. Obviously both were rejected. He cannot win. The way to get rid of him overnight is for the SOL to pull his nomination. Either they do it quickly or as a party they are done. If they hold their position M will be rejected and then he is done. The heads of the SOL are only hanging on out of fear it is their last bargaining chip for immunity. Iran saying no no no finishes any hope they had. Checkmate M. [post 1 of 2....stay tuned]
6-7-2014 Newshound/Intel Guru BGG [you think maybe this month for us on the rv, in your opition?] Maybe - maybe not...but things sure seem to be moving forward.
6-7-2014 Intel Guru Jester THERE IS A TON OF INFORMATION FLOWING AROUND RIGHT NOW ABOUT THIS WEEKEND BEING THE ONE...AND THAT IS OKAY...WE KNOW WE ARE WHAT I WOULD CALL HIGH ALERT RIGHT NOW... BUT AS I HAVE BEEN IN THE PAST SEVERAL MONTHS... I AM CALLING IT CAUTIOUSLY OPTIMISTIC...WE KNOW THAT CERTAIN THINGS MUST HAPPEN IN ORDER FOR YOU TO SEE WHAT YOU WILL LIKE TO SEE... AND THAT HAS NOT STARTED YET... SO WE REMAIN THAT WAY FOR NOW...EVEN MY PEOPLE THINK THAT THERE IS A RUMBLING ON THE HORIZON RIGHT NOW.
6-7-2014 Intel/Newshound Guru Poppy3 ...FOR SURE THIS RV WE HAVE ALL BEEN WAITING ON IS WITHIN SIGHT. I AM ANTICIPATING EVEN MORE REAL NEWS OF MOVEMENT AND THE STATEMENT THAT TURKI MADE THAT THE CBI WILL START THE LIFTING OF THE 3 ZEROS WILL START AND THEY WILL BE READY FOR THE ISX TO START TRADING INTERNATIONALLY ON THEIR OPENING DAY OF JULY 1, THEN I THINK HE HAS TO START THE PROCESS DAYS IN ADVANCE OF THAT DATE. TIME WILL TELL THE TRUTH BUT SURE SEEMS THAT COMMON SENSE SAYS YES THEY WILL.
6-6-2014 Newshound Guru Millionday Article quote: "...Kurdistan Parliament intends to enact a law to distribute oil revenues to citizens." kurdistan is actually talking about starting the distribution of oil proceeds themselves for their own citizens -- this is pressure -- such pressure. this is going to be done in a sort of trust account as we know it -- wow lucky Iraqis if they get this rolling -- huge for the citizens in kurdistan...they are wanting to do this from their own accounts so the citizens of kurdistan dont have to wait any longer which is great and as we know --- kurdistan is always so far ahead, imo...the hcl and budget in place is what they are banking on ---no pun intended.
6-6-2014 Intel Guru Frank26 THEN THERE ARE ALSO CARDS THAT WILL BE ASSIGNED TO THE CITIZENS SOLELY TO BE USED WITHIN THE COUNTRY. OUR BIG QUESTION RIGHT NOW IS WHICH OF THESE TWO CARDS ARE THESE? WE ARE FEELING COMFORTABLE THAT IT IS THE INTERNATIONAL CARD BUT TIME AND TIMING WILL TELL US IN THE COMING DAYS. “IF” THIS ASSUMPTION ABOUT THE Qi CARD IS CORRECT THEN IMO THE CBI HAS TO RELEASE AN IR [INTERNATIONAL RATE] OR THESE CARDS TRULY HAVE NO FUNCTION OUTSIDE OF IRAQ ON AN INTERNATIONAL LEVEL. IMO, THESE CARDS HAVE TO BE WITH AN IR (International Rate) DUE TO ARTICLE 8 COMPLIANCE...TALK ABOUT TIMING!! [post 2 of 2]
6-6-2014 Intel Guru Frank26 Qi CARDS WERE ANNOUNCED FOR CITIZENS TODAY. IRAQIA TV COVERED IT TO THE CITIZENS IN DETAIL. THE MINISTER OF PLANNING ALONG WITH THE CBI MADE THIS ANNOUNCEMENT. CITIZENS ARE TO GO TO IRAQI BANKS TO HAVE THESE CARDS DISTRIBUTED TO THEM AND LOADED WITH FUNDS. LAST YEAR THEY TOLD US ABOUT THESE INTERNATIONAL CARDS WITH 70+ FUNCTIONS COMPARED TO THE OLD CARDS. OUR TEAMS ARE LOOKING VERY CAREFULLY RIGHT NOW TO SEE WHICH Qi CARD THIS TRULY IS. THAT'S WHY WE NEED MORE INFO AND WE BELIEVE IT WILL BE FORTH COMING ON SUNDAY. [post 1 of 2....stay tuned]
6-6-2014 Newshound Guru wmawhite this is certainly moving forward...watch all of this as if you are watching a well played football game. Watch the plays and never watch the clock. Watch all of these events and stop thinking about the dates.
6-6-2014 Newshound Guru Kaperoni "Security Council urges Baghdad and Erbil to reach an agreement on oil exports" It is so frustrating when we can see the potential of Iraq...that if they could just get a GOI that unified and wants to work together.
6-6-2014 Intel Guru DC [via Adept1] We have been told that we truly cannot say anything right now due to sensitivities. A lot of this stuff just happened. We were planning on being more descriptive, but we were told not to do that for many good reasons. But we expect to talk to you very soon.
6-6-2014 Intel Guru TNT Tony [via Adept1] We’re still going, it’s still possible, and everything is looking good. We are in an excellent mood and wanted to lay out the procedures, but we cannot...we are in a great place, super-excited. Just hang on. It’s going to be a great weekend.
6-6-2014 Intel Guru Okie_Oil_Man WE ARE IN THE RIGHT PLACE AND THE TIMING IS VERY NEAR FOR US. THE PROGRESS NECESSARY FOR THE R/V HAS BEEN MADE. WE ONLY AWAIT THE ANNOUNCEMENT---YES---IT'S THAT SIMPLE.
6-6-2014 Newshound Guru wmawhite ["Article IV and Article VIII of The Article of Agreements should now be completed or soon will be. "... is there some ink on the timing of the foregoing?] As you are thinking...I believe this is so huge...this enables U.S. banks to do business with the CBI If They Choose To. One particular researcher that I respect believes that the CBI has met the requirements of Article 8 and we are now waiting on the CBI and IMF to release the new rate. [is that the 2% variance in official / market rate?] this researcher told me that the 2% variance does not apply UNTIL the IQD has an exchange rate. Currently the IQD is only bought and sold...it is not exchanged on the world market...(forex). [post 2 of 2]
6-6-2014 Newshound Guru wmawhite it is important to understand that EC 13303 is STILL in effect...the only difference is that it has been amended. [Amended to allow the currency to go international? CBI did not have the authotity without the amendment correct?] you are correct. what is also important is that the amendment to EO 13303 was published by OFAC, Office of Foreign Asset Control, part of U.S. Treasury. [post 1 of 2....stay tuned]
6-6-2014 Newshound Guru Mnt Goat I believe the RV could happen as any stage of the process after June 10th but I am saying it is most likely to happen just before or just after the announcement of the newly formed government’s completion expected to happen on July 15th. The IQD rate will be high when it comes out and it will climb very quickly. The projections for the IFX this week and the amount of CBI reserves (and gold) is an indicator of this. Iraq has met all necessary Basel III requirements and beyond for valuation of a very, very high rate as an asset backed currency. [post 2 of 2]
6-6-2014 Newshound Guru Mnt Goat The newly formed government of Iraq is already taking shape and so when the announcements finally come out it will be a matter of formalities to seat everyone and get the government rolling. There may be some minor disputes but the overwhelming majority the attitudes of almost everyone is to get rid of Maliki. Basically there is a 30 day windows of time we are dealing with to fully, legally seat their new government. The entire cycle of 30 days can be accelerated if all goes well and if there are few to no challenges of the new candidates...we can expect to see a complete government no later than July 15th if all goes well. [post 1 of 2....stay tuned]
6-6-2014 Intel Guru MarkZ If the news gets any better we will be at the bank Monday.
6-6-2014 Intel Guru TerryK I GOT WORD THAT EVERYTHING IS COMPLETED. ALL THAT WE ARE WAITING FOR OFFICIALLY TOLD IS THE SEATING ANNOUNCEMENTS OF THE GOVERNMENT OF IRAQ AND IT WILL RELEASE. I WAS TOLD THAT WE SHOULD SEE IT EITHER TONIGHT [THURSDAY] THRU SATURDAY AND THE OFFICIAL ANNOUNCEMENT WOULD COME ON SUNDAY ON FOREX, BUT TREAT THAT AS RUMOR OF COURSE BUT IT'S VERY VERY STRONG...THIS IS COMING FROM A VERY STRONG SOURCE TIED TO THE US GOV, ONE IN THE KNOW AND HERE IS THE KICKER I JUST GOT IT CONFIRMED BY ANOTHER PERSON THAT HAS TIES TO SOURCES WAY UP THERE.
6-6-2014 Newshound Guru Millionday "...Abdul Salam al-Maliki, said the next few days will reveal the true size of the coalition of state law and the extent of the cruise" he is saying that without him and the old way -- the time line is going to be ugly -- so he is under the impression that it is easier to just leave him there. we know the next couple of days many announcements will come out -- we have alot going on with isx and also the government and the visit of the kurds as well.
6-6-2014 Newshound Guru Kaperoni the world has been trying to push Iraq forward for 10 years. They move at their pace and have little regard for their people. Just a few short months ago, we were literally 3-5 days away (parliament voting) on passing the budget and several economic laws which would have opened the doors to a market economy. Now we have the dispute between the Kurds and central government which shut down parliament indefinitely, no formation of the new GOI, escalating violence, increasing unemployment, no budget so many projects coming to a halt..its getting worse, not better. I am not saying the "sky is falling" but how can anyone think that the currency reform is going to start under those conditions? Yes, the banking system continues to push forward, and it appears the CBI is trying to do it's part. But I cannot see this happening until significant progress is made to resolve these other issues. 6-5-2014 Newshound Guru Stryker ...when could we see this take place? Well July 1, 2014 ISX goes international... Turki said that all measures will be in place by the middle of the year, that’s Monday June 30th and July 1st starts the second half of the year. All financial instruments have been terminated by the new executive order, OFAC should soon, if not already release all financial sanctions worldwide on Iraq. ...all monetary system changes and exchange rate announcements [are] made over the weekends and are announced to the world on the opening of international banking on Monday mornings by any Central Bank. We have five Monday’s in June the last one being Monday the 30th and July 1st being on a Tuesday, just saying.
6-5-2014 Newshound Guru Adam Montana [When Iraq is ready to enter the "big time economy", what's stopping them rom printing NEW currencies thus rendering the Dinar that we hold nothing more than confederate money?] Actually, I think they WILL print "new currency" - and they will give everyone a window to exchange old-to-new. My best guess is a 6 month window. There would be no way they could simply "void" the current notes we hold. [Is it important to try and get smaller then 25,000 Dinar or can I trade large denominations Dinar for smaller?] all notes will be honored when it's time to exchange them, and they won't change the value of one note but not another. All notes in the current series will be affected equally.
6-5-2014 Newshound/Intel Guru Arthur THE REALITY IS THAT THINGS ARE REALLY HEATING UP IN IRAQ. NO NEGATIVES ONLY POSITIVES. EVERYTHING I COULD HAVE POSSIBLY WANTED TO HAPPEN IN MY WILDEST DREAMS HAVE BEEN EXCEEDED IN THE LAST 30 DAYS. REALITY INFORMATION PROVIDERS LIKE [GURU] MILLIONDAY ARE OUTLINING SOME AMAZING, VERIFIABLE EVENTS OCCURRING IN REAL TIME THAT SHOULD HAVE US ALL EXTREMELY EXCITED. I HAVE PERSONALLY BEEN ABLE TO VERIFY SOME NEW INTEL THAT MAKES ME EVEN MORE EXCITED ABOUT THE BEGINNING OF OUR WINDOW TO OUR BLESSING ON THE 14TH OF JUNE. THERE ARE EVENTS WE ARE LOOKING FOR IN THE NEXT 6 DAYS THAT WILL TELL THE TALE AS WE APPROACH THE MOTHER OF ALL RV WINDOWS IN THE HISTORY OF THIS INVESTMENT.
6-5-2014 Newshound Guru Millionday the budget is many projects --- development projects are the lowest -- huge problems with not having it passed but kurds on the way to work on it with iraq federal...they need the budget passed -- so the visit from the kurds is very important... the hcl is on the list for the kurds visit - and the government and the article 140 and the budget.
6-5-2014 Newshound Guru Aggiedad77 One of the things I remember from the old days..."watch what they do...not what they say"...this applies today more than ever, IMO, if they have grown suddenly quiet there has to be a valid reason...but they do nothing without purpose. I do believe the IR (International Rate) clock has begun a countdown of ticking.....working towards an announcement to that will shake the world and its economy.
6-5-2014 Intel Guru Frank26 I TEAM called me...He said...IOO (In our opinion) ...We feel strong that they use an IR (International Rate) internally within their privacy. We are asking: Is this the way AoP want it? Is this a legal way of the IMF with the CBI? If so, How long would this limbo time of invisibility last? What are they using the IR on? There is TOO MUCH peace politically and MR (Monetary Reform) wise in Iraq right now. Has a hidden IR pacified many hardend hearts. Is this to aid in the transaction of the Citizens to Gain Trust. IOO, Internal Finances first, then the Citizens, Then nano seconds later us.
6-5-2014 Newshound Guru Tlar The news has been great. This thing is coming to a head as we edge closer to June 15th. Maliki is loosing at every turn and hopefully by Friday we will see the SOL drop him like the hot potato he is. There is a great chance the CBI will do its thing the last week of this month. I would be surprised if they do not. Just watch as this thing unfolds. It is about to get real exciting.
6-5-2014 Newshound Guru Stryker Is The ISX Going International July 1, 2014? Yes and so is the IQD.
6-5-2014 Newshound Guru Adam Montana [it has been a while since the elections how much longer will it be before we know who they have selected officially for the MP and other key positions so the monitory process will continue forward?] They may not ever make an "official" announcement that won't be contradicted by some other "announcement", but nonetheless I fully expect to see Maliki acting as PM 6 months from now. More importantly, I think that within a week we will be able to look at the situation and be confident that he is continuing, so we won't have to wonder about that anymore.
6-5-2014 Intel/Newshound Guru Poppy3 [Vietnam has a 20% inflation rate...There is NO WAY they can revalue at the present time nor in the immediate future!] ABSOLUTELY AND I HAVE REPORTED MANY TIMES OVER THE LAST 18 MONTHS THAT THE MINISTER OF FINANCE STATED PLAINLY DIRECT TO ALL THEIR BANKER THAT THEY WOULD NOT RV THEIR CURRENCY FOR AT LEAST 14 TO 18 MONTHS POST RV OF THE DINAR. THEY WILL USE THEIR DINAR BEING HELD TO CURB THEIR INFLATION RATE BECAUSE IT IS WELL OUT OF CONTROL...SOME 20 PLUS % AND CLIMBING.
6-4-2014 Intel Guru DC [avia Adept1] For the last nine weeks, it’s been down to the wire 3-6 times per week, and several times it’s been within minutes. They could have done it at that time. It’s a day-to-day tactical fight now. The opposition has agreed to back off a little bit, and they are trying to get this through. There are only a few little things that need to get done. We are really close. [How close are we to touchdown today?] We are back on the ½” line, really, really, really close. [Is the VNN still in the first basket?] Yes, the VNN Is in the first basket, and the rates are better than we expected. [Are there still four rates on the IQN?] Yes, four rates on the IQN.
6-4-2014 Intel Guru TNT Tony [Will the deletion of the zeros affect us (for dinar)?] They will not affect us at all. The rates will be applied without deleting zeros. [Have you heard how many zeros may be deleted off the Zim?] I go with the worst case scenario... They have changed the number of zeros during the process, so I would go with the worst, which is 9. Anything else is a blessing. [post 2 of 2]
6-4-2014 Intel Guru TNT Tony [via Adept1] Today...everybody has agreed to disagree and ‘let’s just do this’. We are in a super-fantastic position and this should be a great week. it’s a great day to be a dinarian...and we should be celebrating what they accomplished yesterday evening. A great wall was broken through last night, and everyone is saying “Okay, go ahead”. [post 1 of 2....stay tuned]
6-4-2014 Newshound Guru Adam Montana The HCL will be moving soon… Through all the peaks and valleys of the past couple years on the HCL saga, we are nearing the highest peak I have ever seen and I am looking forward to the coming days! Maliki, for his part, is indeed reaching out to the Kurds…with a successful resolution of the HCL I strongly believe they will grudgingly (and temporarily) overlook their disagreement with his win… this will be resolved shortly. I still believe he will continue as PM, and I’m not disturbed by that at all. In fact, I think this rough patch right now while the election results are being finalized is a GREAT time to break down some of the barriers to the HCL, which is going to be GREAT for pushing through to a revaluation and strengthening of the Iraqi Dinar.
6-4-2014 Intel Guru Mnt Goat The news just keeps getting better and better as we near the finish line. WOW again! I am concerned about some of the false information now coming out of the Iraq…This is serious and it is getting simply ridiculous and almost laughable. It is my strong feeling we are still looking at possibly around mid July towards the end of July before we see the announce of the fully, functional, stable government. I certainly hope it all happens prior to this date. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government with relative stability.
6-4-2014 Intel Guru Jester SEEMS AS IF EVERYTHING IS GOING THE WAY IT IS SUPPOSED TO... I HAVE NOT HEARD ANYTHING NEGATIVE AT ALL IN A COUPLE DAYS.
6-4-2014 Intel/Newshound Guru Poppy3 MALIKI IS NOT A LAME DUCK HE IS A DEAD DUCK AND WILL NOT SURVIVE...SOME STILL GIVE HIM HOPE AND THE POSSIBILITIES OF STILL REMAINING BUT HE WILL NOT IN MY OPINION. WITH ALL THE CONSTANT DISRUPTION TO PROGRESS AND HELPING THE PEOPLE OF IRAQ...THEY WILL NOT ALLOW HIM TO DOMINATE THE COUNTRY ANY LONGER. THATS WHY ALL THESE BLOCS ARE FORMING NEW ALLIANCES AND BUILDING A COALITION BETWEEN GROUPS THAT HAVE NEVER AGREED BEFORE JUST TO HAVE THE POWER TO RULE AGAINST HIM EVER BEING PM AGAIN OR ANYONE LIKE HIM. THIS COUNTRY IS GOING TO MOVE FRONT AND CENTER ON THE WORLD STAGE SO GET READY.
6-4-2014 Newshound Guru Enorrste While this certainly was not my first choice, I am glad to see that they are close to resolving this issue. The last thing we need is to have this drag out for a year as it did four years ago. Also, even if Maliki is returned as PM, we will at least have someone who has "stated" that he is ready to move the country forward. So, I say this: get the politics out of the way and let's move forward. [post 2 of 2]
6-4-2014 Newshound Guru Enorrste Article: "Zamili: The bylaw of the National Alliance will be passed within the next two days" This article is unfortunately offset by others today including the one in which Maliki himself announced that he has 175 votes, more than enough to return him to the PM slot. It appears, at least at this point, that KAP [Guru Kaperoni] was right when he said that Maliki would "whittle away" at the other small parties until he was able to create a new majority. From the sound of his own statement, he has done this, and will announce the new government alliance, led by himself, in a few days. [post 1 of 2....stay tuned]
6-4-2014 Newshound Guru Kaperoni Article: "Maliki: political majority to form a government are realized by 175 votes secured" Whether this is true or not is not important..the stage that Maliki is setting is. He has always said he is the only one for PM and only he is the one that can do the job. By starting this talk he is creating doubt in the other blocks solidarity and one by one they tend to lean back to him as time passes and delays become an issue. My money is on Maliki continues to squat till he gets his way.
6-4-2014 Newshound Guru Millionday the way that a reality rate is calculated states what it would be -- that is why the dong is not the same as the euro -- usd -- etc and they are not the same as each other -- they are calculated in their country and that is the calculation and how the rate is calculated will be the result of the rate -- its not just the gdp but that is the most of it -- how it is backed as well and there are few other things that go with the calculation and how the rate is calculated will be the result of the rate -- rates are all different and it goes by each country...at this time we do not know the rate or the date.
6-4-2014 Newshound Guru Kaperoni Article: "Central Bank and the Bank of the economy discuss the procedures and mechanisms that will be adopted to improve the performance of the bank" at least 5 times in the 2013 Article IV Consultation the IMF stated that the CBI should look towards accepting Article VIII. That was well over 15 months now. As well, the TIFA agreement signed in March 2013 stated "freedom of movement of capital" by the end of the year (meaning 2013), so this is not a long ways off IMO. The CBI will make the move soon. As for a timeframe of compliance, we can only hope it is short (few weeks), but I have seen somewhere in a report on the IMF website a statement referring 90 days. That was not directed specifically at Iraq but was talking about maintaining stability of the exchange rate. So IMO, Its 90 days or less once in compliance (if they maintain it). this article...is very compelling to support this theory.
6-4-2014 Intel Guru TerryK IM HEARING THAT CHINA HAD A BOND THAT MATURED LAST NIGHT AND THATS WHAT THE IMF HAD THE ORDERS TO HOLD ON...SO MAYBE TONIGHT WE MIGHT BE ROCKIN...WE ARE PRIME FOR THE RV, WHAT IM BEING TOLD. JUST KNOW THAT IT IS TO HAPPEN PRIOR TO THE 10TH. THAT'S COMING FROM A TIGHT SOURCE FROM DC.
6-4-2014 Intel Guru MarkZ Zero negative news today [Tuesday], ALL news has been good! Things appear to be solidly on track. 6-3-2014 Newshound Guru Aggiedad77 [referencing Frank26 post 6-3-2014 below] I'm thinking that this is incredible news. The two governments could be meeting and talking about anything...BUT add to that meeting one single solitary individual...someone who is not tied to the government of either entity sitting at the table...the one man in charge of the Central Bank of Iraq...put him in the same room with "these two" governments and that gets the juices flowing...this meeting...needs to trigger your excitement and anticipation of good things to come.
6-3-2014 Intel Guru Frank26 AT THIS VERY MOMENT IN BAGHDAD A HUGE MEETING GOING ON WITH A FULL DELEGATION OF REPRESENTATIVES FROM THE US GOVERNMENT AND A FULL DELEGATION OF THE IRAQI GOVERNMENT ALONG WITH THE GOVERNOR OF THE CBI TURKI...THEY WILL NOT TELL YOU OF THE INTENT FOR THIS MEETING UNTIL A NUMBER OF DAYS FROM NOW...[GURU] DELTA CALLED THIS INFORMATION IN TO ME AND IS LISTENING AND TAKING NOTES OF THE MEETING...TIMING OF THIS MEETING IS OF VITAL IMPORTANCE... IMO...We may hit one over the right fence tonight!!!
6-3-2014 Newshound Guru Aggiedad77 Article "Maliki: implicitly 175 votes and achieved the majority needed to form a government" I promised you that Maliki was not down and out...I believe he has learned the stealthiness of most wary of cats...in the dark of the night he has amassed this following...he wants to get the government formed quickly. Article: "Maliki: we have achieved the necessary majority to form a government" Maliki spoke to Iraqi citizens on national television to announce he now has 175 seats of Parliament supporting him...Maliki claims that his opponents are seeking to install a weak PM that will allow certain blocs to pass laws that will not be contested by anyone, such as Maliki now...
6-3-2014 Newshound Guru Millionday [in your opinion can the reality rate be set before the ISX goes live?] yes, the reality rate should be set before they go live because the largest product they have is the dinar and the price index would only make sense in trading shares with a fair market value...this is to be live by the end of june and ready in the middle of this month... they are going global according to what they are reporting.
6-3-2014 Intel Guru Frank26 [this is all coming together at last!] Indeed it does seem so Friend...Always keeping in mind that the Minds of the Middle Eastern World run on a very slow clock. Incredibly...Their famous procrastination slows and bends time warping it into frustration for us! Einstein would be proud of them.
6-3-2014 Newshound/Intel Guru BGG I think the main reason for all the "pro-Maliki" spin in the market place right now are the vast fortunes he's spending on advertising...as far as he's concerned - this is still his "election cycle". I won't count him out - but he's not nearly as "well off" as some...are reporting.
6-3-2014 Newshound Guru chattels for the Kurds the budget is too entangled with the formation of the new government to stand alone for a vote. IMO, we will not see a budget until we see the next government. [so if we do not see the budget till the next govt...can we still have the RV without the budget? seems they have to have that new rate in place to put it in the budget...is that right?] i have never subscribed to the notion that the budget was awaiting the rv'd rate or would reveal the new value.
6-3-2014 Newshound Guru Millionday [If the reality rate appears at say .86 or 1.13 will it be exchangeable at that rate world wide instantly or just in Iraq?] it will be the exchange rate that you would get as if you were traveling and will be global. [Are they still waiting to see who the next PM will be before RVing?] i have not seen that they are waiting for the PM to be named for anything economical...i dont see that they are waiting for anything in ink -- i dont even see according to the statement by the gov of CBI, Turki that they are waiting on the budget so without anything in ink or by press statement -- i cant say that they are waiting on anything...we dont have the date but they seem to be saying that they are working on moving iraq to a market economy. 6-2-2014 Newshound Guru Kaperoni Since almost 100% of the countries income is in USD, the budget is in USD and converted to Dinar for funding purposes. Salary increases have nothing to do with exchange rate and no, there is no RV hidden in the budget.
6-2-2014 Intel Guru DC Are there people that would like to delay this? Yes, but they have gotten to the point where people are saying enough is enough. It is on a day to day basis right now. [Iraq debt with the DFI funds, they had 10 days, is that extended? Have they paid them?] My understanding is yes. I know that more than one country got paid at the new rate & the rest real soon.
6-2-2014 Intel Guru TNT Tony Not a lot of news today but today is a superfantastic day. In Iraq, the GOI is announced all except 1 major position. [Could it happen anytime?] Yes. I believe it is really, really soon. It's on track. We are absolutely close.
6-2-2014 Newshound/Intel Guru Eagle1 When the actual exchange value of the IQD or the VND (just to name two popular examples) is released, I believe that many folks will be both astonished and pleased. ...Acting Governor of the CBI, Abdul Basset Turki...two years ago...said (and I'm paraphrasing him), "When the public sees the release of the actual value of the Dinar, they will be shocked!" Over this past weekend, we have seen more than a dozen currencies go through some pretty radical changes behind the scenes. While those changes are not yet reflected on the FOREX sites we see, we believe that these changes portend an imminent public release since they are a part of this overall Global Reset. We really are near the end of this ride! [post 3 of 3]
6-2-2014 Newshound/Intel Guru Eagle1 We have a two-step process in the works. The first step is what the international banking community is referring to as "a general RV." This amounts to a first-stage release of all of the major revaluing currencies, among which we all know includes the IQD, the VND, the IDR and a fistful of others which are increasing in value. The second stage is what we refer to as the Global Currency Reset. We call it a reset because it amounts to a restructuring of currencies based on real value, backed by gold and other tangible assets or commodities with real, exchangeable value...the IQD is the "base currency" for this process. Because the Dinar is the only 100% gold-backed currency in the world, it becomes the lynchpin for the "general RV" and the GCR. [post 2 of 3....stay tuned]
6-2-2014 Newshound/Intel Guru Eagle1 Many things are taking place behind the scenes which lead us to the inescapable conclusion that we are actually seeing the unfolding of the Global Currency Reset. This is a process...it is not a simple push of one button. There are -- based on my sources -- not less than twelve individuals who are directly involved in the process whose approval is required and is sequential to the final release to the general public. [post 1 of 3....stay tuned]
6-2-2014 Newshound Guru Aggiedad77 Article: "UPDATE 2-Iraq threatens legal action against any buyer of piped Kurdish oil - Reuters" It is odd that Maliki and his government is making such noise against the Kurds at this point...seems to me that if he was attempting to court their alliance with regard to the recent elections...he might be making "concessions" instead of threatening suits left and right over what the Kurds have done with their oil...I honestly believe it is not the Kurds intention to renege on the percentage of the revenue that is due to be passed back to the GOI...what is lacking totally in this equation is simply a matter of trust by either side...none...NADA...petty children's games being replayed by adults.
6-2-2014 Intel Guru MarkZ Things are looking GREAT...there is no need to worry. [are you feeling very strongly that this is our week? like early this week?] I FEEL great. [Are you still. Feeling good about by June 15?] yes...
6-2-2014 Intel Guru TerryK I WAS ADVISED...10 LAWS WERE PASSED THIS WEEKEND IN IRAQ...10 IN ONE DAY. A LOT HAS BEEN GOING ON AND I AM BEING TOLD THAT THIS IS TO GO DOWN TODAY AND WE SHOULD SEE IT TOMORROW. I HAVE A NEW RATE... 9.23. TREAT THIS AS A RUMOR.
6-2-2014 Intel Guru Mnt Goat Two major, major events took place and both very significant for us dinar holders. The signing of the final paperwork for Iraq to enter the WTO and the amendment to EO 13303 freeing up the assets of the CBI, now no longer under sanctions within the USA. It is my strong feeling we are looking at possibly around mid July towards the end of July before we see the announce of the fully, functional, stable government. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government line up. This I believe has to happen and this I believe will be the grand finale. I certainly hope it all happens prior to this date. [post 2 of 2]
6-2-2014 Intel Guru Mnt Goat Maliki is simple not getting the support he anticipated. What I cannot understand is how some can still cling to the notion that Maliki has won a 3rd term as prime minister already. I do not expect that Iraq will take 5-6 months to form this new government as in 2010. This government should be formed quickly since they have been planning for this since 2012. [post 1 of 2....stay tuned]
6-2-2014 Newshound Guru Kaperoni Article: "Concerned : non- adoption of the budget is causing economic recession" Quote: "that under the current circumstances make it difficult to control the exchange rate of the dollar due to the central bank to pump large quantities of hard currency to the money transfer companies." ...until they open the banking system to the world, these banks are nothing but currency dealers...and now we see through this article, that business may be in jeopardy as a result of allowing money transfer companies to go direct to the CBI. This may be more than just the reduction of the spread (Official Rate/Market Rate), but the indication that the CBI is planning to move to Article VIII much more quickly that we may have thought so these banks can do real business!
6-2-2014 Newshound Guru Millionday this is huge and is titled the FUTURE ...from the economic plan for Iraq. Quote: "...oil revenues the focus of the subject and present certainly which is expected to reach 5 trillion dollars in the course of the year 2035, according to estimates..." ...Iraq is depended on entirely for the new energy market with their reforms and also the global energy changes. this...tells us the huge position that Iraq will hold in trade and of course economic resolve for the globe. they are stating at this time that the change that Iraq represents is huge for all of the globe and of course for them as well -- during the massive press conferences they have informed the citizens of what is to come and they have also now informed it would seem the globe that they are in a hurry...
6-2-2014 Newshound Guru Aggiedad77 Article: "Kurdistan: Maliki rejected all initiatives put forward to resolve the dispute oil" There are many points to this article....but basically with the exception of one point...it is all old news.....the new point is that the Kurds are accusing Maliki of being the one to cause the budget to be postponed until after the elections...this is not some effort of other blocs....primarily believed to have been Najafi's delay tactics...it really doesn't matter, the fact is they have sat on their hands for almost 2 months now and haven't done anything or made any attempt to even look at the budget...meanwhile oil flows out of the Kurdistan and is going overseas to Europe.
6-2-2014 Intel Guru Jester THIS IS A HUGE UNDERTAKING AND THEY ARE NOT WAITING ON ONE THING...THAT IS NOT THE WAY IT WORKS...THERE IS NO ONE THING THAT WILL TRIP THE TRIGGER... WELL SOME DAY THERE WILL BE ONE THING LEFT BUT...THERE IS A SERIES OF EVENTS THAT HAS TO HAPPEN TO MAKE THIS THING WORK RIGHT...AND THAT IS WHAT THEY ARE DOING...IS IT TAKING LONGER THAN THEY THOUGHT...YES...IT IS TIMING AND POLITICS.
6-2-2014 Intel Guru WILDDUCK TIME WILL TELL AND THIS HAS BEEN THE BIGGEST DISINFORMATION WEEK I HAVE SEEN SINCE I GOT IN THIS...LIKE I ALWAYS SAID THIS WILL LIMP INTO VIEW 6-1-2014 Newshound Guru Millionday [they've said many times they were ready to pass the budget. What's different this time? I feel like they're the boy crying wolf.] they are saying that they will have the budget done and ready before the 14th of june. they need money to move forward and have made it very clear that the only way to get it is to push forward the budget and tariff taxes. [Projects still going on line tomorrow (June 1st)?] the projects are supposed to begin by...the 1st of june per order of the UN -- i dont know if they will, but the order was in ink. [post 2 of 2]
6-1-2014 Newshound Guru Millionday [Are they doing the budget now and monetary reform along with deleting the zeros in june?] they are doing the budget now and laying it out with the five year plan and the final accounts from 2013. they are calling to move forward with budget and also the vote for the budget is ready but had lack in quorum...they can pass it with majority and told the citizens they were going to -- so again they keep contradicting what they say and of course when they will be done. [post 1 of 2....stay tuned]
6-1-2014 Newshound Guru Aggiedad77 Article: "The appearance of Mohammed Saleh: central bank's measures will not lead to the stability of the exchange rate of the dinar against the dollar" Dr. Mohammed Saleh is quoted as saying the act by the CBI to allow money transfer companies to buy the dollar without any middle bank being involved will not lead to stability of the dinar against the dollar...he says that this action will surely reduce the transaction costs but will not be seen as a solution...he claims the solution would be to meet the needs of the foreign currency market...he says the action by the CBI will succeed in lowering the price of the dollar.
6-1-2014 Newshound Guru chattels i do believe that the outcome of the PM vote / selection will surprise us, but unfortunately for me that element of surprise does not rule out Maliki.
6-1-2014 Newshound Guru Kaperoni I just want to see gradual appreciation of the dinar based on the economic progress...as the economy grows, so does the dinar. If they implement this "deletion of zeros" it might not be what we want! I would rather see the dinar rise gradually and be assured that the we will eventually see significant returns on the dinar then take a chance on some overnight event that may not end up as we want it to...there is no way to know with absolute certainty that any overnight event would benefit us. But a gradual appreciation of the dinar based on the Balassa-Samuelson effect will! I want to see them raise the value gradually, and when it is 1 to $1 or about, apply the Law of Indebitness to correct all accounting and financial records.
6-1-2014 Newshound Guru Enorrste [At 1187 CBI rate, 1210 is exactly 2% spread, so I dare say we're compliant, folks.] The only numbers we need to concern ourselves about are the numbers that the IMF is using. Speculation on this matter is interesting, but not highly productive. In the end, when the IMF sees that Iraq is in compliance, then we will see our opportunity. Until then, however, we are all just hoping. Unfortunately, I don't know just how the IMF looks at this. We have 1166 and 1179 and now 1189 as potential "official" rates. Unless the IMF accepts 1189, however, we may still be a way off in getting in the "compliance" that they are looking for.
6-1-2014 Newshound Guru chattels ...anyone who says that it has to happen on or before this date and /or because of this, that or the other, has been WRONG. this event is far too important to be PREDICTABLE. this event is a matter of national security for Iraq, nobody is supposed to know, even Dr. Shabbibi said that he DID NOT KNOW. Shabbibi also said that if he did know that he could not say.
6-1-2014 Newshound/Intel Guru BGG based on what I hear from my contacts (not various other researchers or Gurus) I am very encouraged about the state of our investment. I will say this - no matter who is "elected" or what the various twists and turns - it is unlikely we'll be at this for much longer.
6-1-2014 Intel Guru TD The CBI has been asked to let things form & stabilize before any major monetary policies are executed. While the CBI is autonomous in theory, there is inter dependance among the executive & legislative branches. Don't be surprised to see announcements regarding deletion of the zeros project, IMF & WTO compliance issues, international capital & investment banking reforms as targets of programs to roll out in 2015. This is Iraq and a snails pace of "things to do" hasn't changed one bit. June, which was stated previously as a month of goals & actions will come & go without enactment of anything major relative to the dinar, it's rate or status. [post 2 of 2]
6-1-2014 Intel Guru TD I'm told there's much to sort out & put in place with the new government. Key positions of political players being fought over. The Kurds are waiting to see if coalition power will be in their best interests. They have expressed to everyone that they are in a "wait & see" mode and only THEY will decide the best interests of their future. Coupled with this is Parliament who also has various laws still to enact to move the country into a market driven, international platform of investment & trade. [post 1 of 2....stay tuned]
6-1-2014 Intel Guru Jester I WAS TOLD EARLIER TODAY IT COULD BE IN THE NEXT 10 MINUTES OR THE NEXT 10 DAYS... NOW KEEP IN MIND HOW THINGS CHANGE... BUT RIGHT NOW THAT IS WHAT I AM HEARING.
6-1-2014 Intel/Newshound Guru Poppy3 HAVEN'T THEY PUT IN INK THAT THEY WILL HAVE A ISX TRADABLE CURRENCY IN THE MONTH OF JUNE OR THE MIDDLE OF 2014...WE ARE THERE...SOUNDS PRETTY SOLID TO ME. THAT WAS SAID SEVERAL TIMES BY SEVERAL PEOPLE IN THE CBI AND GOI.
6-1-2014 Intel Guru Bluwolf ...monies have been loaded in all world banks, we are basil 3 compliant and so is the rest of the world, we are just waiting for the 800# now. There are no restraints or delays...Expect to be surprised at any second. Imo there will be a new PM in Iraq and as soon as we see the results officially then it must go internationally immediately as a sovereign nation with its full values in its currency.
6-6-2014 Intel Guru Frank26 THEN THERE ARE ALSO CARDS THAT WILL BE ASSIGNED TO THE CITIZENS SOLELY TO BE USED WITHIN THE COUNTRY. OUR BIG QUESTION RIGHT NOW IS WHICH OF THESE TWO CARDS ARE THESE? WE ARE FEELING COMFORTABLE THAT IT IS THE INTERNATIONAL CARD BUT TIME AND TIMING WILL TELL US IN THE COMING DAYS. “IF” THIS ASSUMPTION ABOUT THE Qi CARD IS CORRECT THEN IMO THE CBI HAS TO RELEASE AN IR [INTERNATIONAL RATE] OR THESE CARDS TRULY HAVE NO FUNCTION OUTSIDE OF IRAQ ON AN INTERNATIONAL LEVEL. IMO, THESE CARDS HAVE TO BE WITH AN IR (International Rate) DUE TO ARTICLE 8 COMPLIANCE...TALK ABOUT TIMING!! [post 2 of 2]
6-6-2014 Intel Guru Frank26 Qi CARDS WERE ANNOUNCED FOR CITIZENS TODAY. IRAQIA TV COVERED IT TO THE CITIZENS IN DETAIL. THE MINISTER OF PLANNING ALONG WITH THE CBI MADE THIS ANNOUNCEMENT. CITIZENS ARE TO GO TO IRAQI BANKS TO HAVE THESE CARDS DISTRIBUTED TO THEM AND LOADED WITH FUNDS. LAST YEAR THEY TOLD US ABOUT THESE INTERNATIONAL CARDS WITH 70+ FUNCTIONS COMPARED TO THE OLD CARDS. OUR TEAMS ARE LOOKING VERY CAREFULLY RIGHT NOW TO SEE WHICH Qi CARD THIS TRULY IS. THAT'S WHY WE NEED MORE INFO AND WE BELIEVE IT WILL BE FORTH COMING ON SUNDAY. [post 1 of 2....stay tuned]
6-6-2014 Newshound Guru wmawhite this is certainly moving forward...watch all of this as if you are watching a well played football game. Watch the plays and never watch the clock. Watch all of these events and stop thinking about the dates.
6-6-2014 Newshound Guru Kaperoni "Security Council urges Baghdad and Erbil to reach an agreement on oil exports" It is so frustrating when we can see the potential of Iraq...that if they could just get a GOI that unified and wants to work together.
6-6-2014 Intel Guru DC [via Adept1] We have been told that we truly cannot say anything right now due to sensitivities. A lot of this stuff just happened. We were planning on being more descriptive, but we were told not to do that for many good reasons. But we expect to talk to you very soon.
6-6-2014 Intel Guru TNT Tony [via Adept1] We’re still going, it’s still possible, and everything is looking good. We are in an excellent mood and wanted to lay out the procedures, but we cannot...we are in a great place, super-excited. Just hang on. It’s going to be a great weekend.
6-6-2014 Intel Guru Okie_Oil_Man WE ARE IN THE RIGHT PLACE AND THE TIMING IS VERY NEAR FOR US. THE PROGRESS NECESSARY FOR THE R/V HAS BEEN MADE. WE ONLY AWAIT THE ANNOUNCEMENT---YES---IT'S THAT SIMPLE.
6-6-2014 Newshound Guru wmawhite ["Article IV and Article VIII of The Article of Agreements should now be completed or soon will be. "... is there some ink on the timing of the foregoing?] As you are thinking...I believe this is so huge...this enables U.S. banks to do business with the CBI If They Choose To. One particular researcher that I respect believes that the CBI has met the requirements of Article 8 and we are now waiting on the CBI and IMF to release the new rate. [is that the 2% variance in official / market rate?] this researcher told me that the 2% variance does not apply UNTIL the IQD has an exchange rate. Currently the IQD is only bought and sold...it is not exchanged on the world market...(forex). [post 2 of 2]
6-6-2014 Newshound Guru wmawhite it is important to understand that EC 13303 is STILL in effect...the only difference is that it has been amended. [Amended to allow the currency to go international? CBI did not have the authotity without the amendment correct?] you are correct. what is also important is that the amendment to EO 13303 was published by OFAC, Office of Foreign Asset Control, part of U.S. Treasury. [post 1 of 2....stay tuned]
6-6-2014 Newshound Guru Mnt Goat I believe the RV could happen as any stage of the process after June 10th but I am saying it is most likely to happen just before or just after the announcement of the newly formed government’s completion expected to happen on July 15th. The IQD rate will be high when it comes out and it will climb very quickly. The projections for the IFX this week and the amount of CBI reserves (and gold) is an indicator of this. Iraq has met all necessary Basel III requirements and beyond for valuation of a very, very high rate as an asset backed currency. [post 2 of 2]
6-6-2014 Newshound Guru Mnt Goat The newly formed government of Iraq is already taking shape and so when the announcements finally come out it will be a matter of formalities to seat everyone and get the government rolling. There may be some minor disputes but the overwhelming majority the attitudes of almost everyone is to get rid of Maliki. Basically there is a 30 day windows of time we are dealing with to fully, legally seat their new government. The entire cycle of 30 days can be accelerated if all goes well and if there are few to no challenges of the new candidates...we can expect to see a complete government no later than July 15th if all goes well. [post 1 of 2....stay tuned]
6-6-2014 Intel Guru MarkZ If the news gets any better we will be at the bank Monday.
6-6-2014 Intel Guru TerryK I GOT WORD THAT EVERYTHING IS COMPLETED. ALL THAT WE ARE WAITING FOR OFFICIALLY TOLD IS THE SEATING ANNOUNCEMENTS OF THE GOVERNMENT OF IRAQ AND IT WILL RELEASE. I WAS TOLD THAT WE SHOULD SEE IT EITHER TONIGHT [THURSDAY] THRU SATURDAY AND THE OFFICIAL ANNOUNCEMENT WOULD COME ON SUNDAY ON FOREX, BUT TREAT THAT AS RUMOR OF COURSE BUT IT'S VERY VERY STRONG...THIS IS COMING FROM A VERY STRONG SOURCE TIED TO THE US GOV, ONE IN THE KNOW AND HERE IS THE KICKER I JUST GOT IT CONFIRMED BY ANOTHER PERSON THAT HAS TIES TO SOURCES WAY UP THERE.
6-6-2014 Newshound Guru Millionday "...Abdul Salam al-Maliki, said the next few days will reveal the true size of the coalition of state law and the extent of the cruise" he is saying that without him and the old way -- the time line is going to be ugly -- so he is under the impression that it is easier to just leave him there. we know the next couple of days many announcements will come out -- we have alot going on with isx and also the government and the visit of the kurds as well.
6-6-2014 Newshound Guru Kaperoni the world has been trying to push Iraq forward for 10 years. They move at their pace and have little regard for their people. Just a few short months ago, we were literally 3-5 days away (parliament voting) on passing the budget and several economic laws which would have opened the doors to a market economy. Now we have the dispute between the Kurds and central government which shut down parliament indefinitely, no formation of the new GOI, escalating violence, increasing unemployment, no budget so many projects coming to a halt..its getting worse, not better. I am not saying the "sky is falling" but how can anyone think that the currency reform is going to start under those conditions? Yes, the banking system continues to push forward, and it appears the CBI is trying to do it's part. But I cannot see this happening until significant progress is made to resolve these other issues. 6-5-2014 Newshound Guru Stryker ...when could we see this take place? Well July 1, 2014 ISX goes international... Turki said that all measures will be in place by the middle of the year, that’s Monday June 30th and July 1st starts the second half of the year. All financial instruments have been terminated by the new executive order, OFAC should soon, if not already release all financial sanctions worldwide on Iraq. ...all monetary system changes and exchange rate announcements [are] made over the weekends and are announced to the world on the opening of international banking on Monday mornings by any Central Bank. We have five Monday’s in June the last one being Monday the 30th and July 1st being on a Tuesday, just saying.
6-5-2014 Newshound Guru Adam Montana [When Iraq is ready to enter the "big time economy", what's stopping them rom printing NEW currencies thus rendering the Dinar that we hold nothing more than confederate money?] Actually, I think they WILL print "new currency" - and they will give everyone a window to exchange old-to-new. My best guess is a 6 month window. There would be no way they could simply "void" the current notes we hold. [Is it important to try and get smaller then 25,000 Dinar or can I trade large denominations Dinar for smaller?] all notes will be honored when it's time to exchange them, and they won't change the value of one note but not another. All notes in the current series will be affected equally.
6-5-2014 Newshound/Intel Guru Arthur THE REALITY IS THAT THINGS ARE REALLY HEATING UP IN IRAQ. NO NEGATIVES ONLY POSITIVES. EVERYTHING I COULD HAVE POSSIBLY WANTED TO HAPPEN IN MY WILDEST DREAMS HAVE BEEN EXCEEDED IN THE LAST 30 DAYS. REALITY INFORMATION PROVIDERS LIKE [GURU] MILLIONDAY ARE OUTLINING SOME AMAZING, VERIFIABLE EVENTS OCCURRING IN REAL TIME THAT SHOULD HAVE US ALL EXTREMELY EXCITED. I HAVE PERSONALLY BEEN ABLE TO VERIFY SOME NEW INTEL THAT MAKES ME EVEN MORE EXCITED ABOUT THE BEGINNING OF OUR WINDOW TO OUR BLESSING ON THE 14TH OF JUNE. THERE ARE EVENTS WE ARE LOOKING FOR IN THE NEXT 6 DAYS THAT WILL TELL THE TALE AS WE APPROACH THE MOTHER OF ALL RV WINDOWS IN THE HISTORY OF THIS INVESTMENT.
6-5-2014 Newshound Guru Millionday the budget is many projects --- development projects are the lowest -- huge problems with not having it passed but kurds on the way to work on it with iraq federal...they need the budget passed -- so the visit from the kurds is very important... the hcl is on the list for the kurds visit - and the government and the article 140 and the budget.
6-5-2014 Newshound Guru Aggiedad77 One of the things I remember from the old days..."watch what they do...not what they say"...this applies today more than ever, IMO, if they have grown suddenly quiet there has to be a valid reason...but they do nothing without purpose. I do believe the IR (International Rate) clock has begun a countdown of ticking.....working towards an announcement to that will shake the world and its economy.
6-5-2014 Intel Guru Frank26 I TEAM called me...He said...IOO (In our opinion) ...We feel strong that they use an IR (International Rate) internally within their privacy. We are asking: Is this the way AoP want it? Is this a legal way of the IMF with the CBI? If so, How long would this limbo time of invisibility last? What are they using the IR on? There is TOO MUCH peace politically and MR (Monetary Reform) wise in Iraq right now. Has a hidden IR pacified many hardend hearts. Is this to aid in the transaction of the Citizens to Gain Trust. IOO, Internal Finances first, then the Citizens, Then nano seconds later us.
6-5-2014 Newshound Guru Tlar The news has been great. This thing is coming to a head as we edge closer to June 15th. Maliki is loosing at every turn and hopefully by Friday we will see the SOL drop him like the hot potato he is. There is a great chance the CBI will do its thing the last week of this month. I would be surprised if they do not. Just watch as this thing unfolds. It is about to get real exciting.
6-5-2014 Newshound Guru Stryker Is The ISX Going International July 1, 2014? Yes and so is the IQD.
6-5-2014 Newshound Guru Adam Montana [it has been a while since the elections how much longer will it be before we know who they have selected officially for the MP and other key positions so the monitory process will continue forward?] They may not ever make an "official" announcement that won't be contradicted by some other "announcement", but nonetheless I fully expect to see Maliki acting as PM 6 months from now. More importantly, I think that within a week we will be able to look at the situation and be confident that he is continuing, so we won't have to wonder about that anymore.
6-5-2014 Intel/Newshound Guru Poppy3 [Vietnam has a 20% inflation rate...There is NO WAY they can revalue at the present time nor in the immediate future!] ABSOLUTELY AND I HAVE REPORTED MANY TIMES OVER THE LAST 18 MONTHS THAT THE MINISTER OF FINANCE STATED PLAINLY DIRECT TO ALL THEIR BANKER THAT THEY WOULD NOT RV THEIR CURRENCY FOR AT LEAST 14 TO 18 MONTHS POST RV OF THE DINAR. THEY WILL USE THEIR DINAR BEING HELD TO CURB THEIR INFLATION RATE BECAUSE IT IS WELL OUT OF CONTROL...SOME 20 PLUS % AND CLIMBING.
6-4-2014 Intel Guru DC [avia Adept1] For the last nine weeks, it’s been down to the wire 3-6 times per week, and several times it’s been within minutes. They could have done it at that time. It’s a day-to-day tactical fight now. The opposition has agreed to back off a little bit, and they are trying to get this through. There are only a few little things that need to get done. We are really close. [How close are we to touchdown today?] We are back on the ½” line, really, really, really close. [Is the VNN still in the first basket?] Yes, the VNN Is in the first basket, and the rates are better than we expected. [Are there still four rates on the IQN?] Yes, four rates on the IQN.
6-4-2014 Intel Guru TNT Tony [Will the deletion of the zeros affect us (for dinar)?] They will not affect us at all. The rates will be applied without deleting zeros. [Have you heard how many zeros may be deleted off the Zim?] I go with the worst case scenario... They have changed the number of zeros during the process, so I would go with the worst, which is 9. Anything else is a blessing. [post 2 of 2]
6-4-2014 Intel Guru TNT Tony [via Adept1] Today...everybody has agreed to disagree and ‘let’s just do this’. We are in a super-fantastic position and this should be a great week. it’s a great day to be a dinarian...and we should be celebrating what they accomplished yesterday evening. A great wall was broken through last night, and everyone is saying “Okay, go ahead”. [post 1 of 2....stay tuned]
6-4-2014 Newshound Guru Adam Montana The HCL will be moving soon… Through all the peaks and valleys of the past couple years on the HCL saga, we are nearing the highest peak I have ever seen and I am looking forward to the coming days! Maliki, for his part, is indeed reaching out to the Kurds…with a successful resolution of the HCL I strongly believe they will grudgingly (and temporarily) overlook their disagreement with his win… this will be resolved shortly. I still believe he will continue as PM, and I’m not disturbed by that at all. In fact, I think this rough patch right now while the election results are being finalized is a GREAT time to break down some of the barriers to the HCL, which is going to be GREAT for pushing through to a revaluation and strengthening of the Iraqi Dinar.
6-4-2014 Intel Guru Mnt Goat The news just keeps getting better and better as we near the finish line. WOW again! I am concerned about some of the false information now coming out of the Iraq…This is serious and it is getting simply ridiculous and almost laughable. It is my strong feeling we are still looking at possibly around mid July towards the end of July before we see the announce of the fully, functional, stable government. I certainly hope it all happens prior to this date. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government with relative stability.
6-4-2014 Intel Guru Jester SEEMS AS IF EVERYTHING IS GOING THE WAY IT IS SUPPOSED TO... I HAVE NOT HEARD ANYTHING NEGATIVE AT ALL IN A COUPLE DAYS.
6-4-2014 Intel/Newshound Guru Poppy3 MALIKI IS NOT A LAME DUCK HE IS A DEAD DUCK AND WILL NOT SURVIVE...SOME STILL GIVE HIM HOPE AND THE POSSIBILITIES OF STILL REMAINING BUT HE WILL NOT IN MY OPINION. WITH ALL THE CONSTANT DISRUPTION TO PROGRESS AND HELPING THE PEOPLE OF IRAQ...THEY WILL NOT ALLOW HIM TO DOMINATE THE COUNTRY ANY LONGER. THATS WHY ALL THESE BLOCS ARE FORMING NEW ALLIANCES AND BUILDING A COALITION BETWEEN GROUPS THAT HAVE NEVER AGREED BEFORE JUST TO HAVE THE POWER TO RULE AGAINST HIM EVER BEING PM AGAIN OR ANYONE LIKE HIM. THIS COUNTRY IS GOING TO MOVE FRONT AND CENTER ON THE WORLD STAGE SO GET READY.
6-4-2014 Newshound Guru Enorrste While this certainly was not my first choice, I am glad to see that they are close to resolving this issue. The last thing we need is to have this drag out for a year as it did four years ago. Also, even if Maliki is returned as PM, we will at least have someone who has "stated" that he is ready to move the country forward. So, I say this: get the politics out of the way and let's move forward. [post 2 of 2]
6-4-2014 Newshound Guru Enorrste Article: "Zamili: The bylaw of the National Alliance will be passed within the next two days" This article is unfortunately offset by others today including the one in which Maliki himself announced that he has 175 votes, more than enough to return him to the PM slot. It appears, at least at this point, that KAP [Guru Kaperoni] was right when he said that Maliki would "whittle away" at the other small parties until he was able to create a new majority. From the sound of his own statement, he has done this, and will announce the new government alliance, led by himself, in a few days. [post 1 of 2....stay tuned]
6-4-2014 Newshound Guru Kaperoni Article: "Maliki: political majority to form a government are realized by 175 votes secured" Whether this is true or not is not important..the stage that Maliki is setting is. He has always said he is the only one for PM and only he is the one that can do the job. By starting this talk he is creating doubt in the other blocks solidarity and one by one they tend to lean back to him as time passes and delays become an issue. My money is on Maliki continues to squat till he gets his way.
6-4-2014 Newshound Guru Millionday the way that a reality rate is calculated states what it would be -- that is why the dong is not the same as the euro -- usd -- etc and they are not the same as each other -- they are calculated in their country and that is the calculation and how the rate is calculated will be the result of the rate -- its not just the gdp but that is the most of it -- how it is backed as well and there are few other things that go with the calculation and how the rate is calculated will be the result of the rate -- rates are all different and it goes by each country...at this time we do not know the rate or the date.
6-4-2014 Newshound Guru Kaperoni Article: "Central Bank and the Bank of the economy discuss the procedures and mechanisms that will be adopted to improve the performance of the bank" at least 5 times in the 2013 Article IV Consultation the IMF stated that the CBI should look towards accepting Article VIII. That was well over 15 months now. As well, the TIFA agreement signed in March 2013 stated "freedom of movement of capital" by the end of the year (meaning 2013), so this is not a long ways off IMO. The CBI will make the move soon. As for a timeframe of compliance, we can only hope it is short (few weeks), but I have seen somewhere in a report on the IMF website a statement referring 90 days. That was not directed specifically at Iraq but was talking about maintaining stability of the exchange rate. So IMO, Its 90 days or less once in compliance (if they maintain it). this article...is very compelling to support this theory.
6-4-2014 Intel Guru TerryK IM HEARING THAT CHINA HAD A BOND THAT MATURED LAST NIGHT AND THATS WHAT THE IMF HAD THE ORDERS TO HOLD ON...SO MAYBE TONIGHT WE MIGHT BE ROCKIN...WE ARE PRIME FOR THE RV, WHAT IM BEING TOLD. JUST KNOW THAT IT IS TO HAPPEN PRIOR TO THE 10TH. THAT'S COMING FROM A TIGHT SOURCE FROM DC.
6-4-2014 Intel Guru MarkZ Zero negative news today [Tuesday], ALL news has been good! Things appear to be solidly on track. 6-3-2014 Newshound Guru Aggiedad77 [referencing Frank26 post 6-3-2014 below] I'm thinking that this is incredible news. The two governments could be meeting and talking about anything...BUT add to that meeting one single solitary individual...someone who is not tied to the government of either entity sitting at the table...the one man in charge of the Central Bank of Iraq...put him in the same room with "these two" governments and that gets the juices flowing...this meeting...needs to trigger your excitement and anticipation of good things to come.
6-3-2014 Intel Guru Frank26 AT THIS VERY MOMENT IN BAGHDAD A HUGE MEETING GOING ON WITH A FULL DELEGATION OF REPRESENTATIVES FROM THE US GOVERNMENT AND A FULL DELEGATION OF THE IRAQI GOVERNMENT ALONG WITH THE GOVERNOR OF THE CBI TURKI...THEY WILL NOT TELL YOU OF THE INTENT FOR THIS MEETING UNTIL A NUMBER OF DAYS FROM NOW...[GURU] DELTA CALLED THIS INFORMATION IN TO ME AND IS LISTENING AND TAKING NOTES OF THE MEETING...TIMING OF THIS MEETING IS OF VITAL IMPORTANCE... IMO...We may hit one over the right fence tonight!!!
6-3-2014 Newshound Guru Aggiedad77 Article "Maliki: implicitly 175 votes and achieved the majority needed to form a government" I promised you that Maliki was not down and out...I believe he has learned the stealthiness of most wary of cats...in the dark of the night he has amassed this following...he wants to get the government formed quickly. Article: "Maliki: we have achieved the necessary majority to form a government" Maliki spoke to Iraqi citizens on national television to announce he now has 175 seats of Parliament supporting him...Maliki claims that his opponents are seeking to install a weak PM that will allow certain blocs to pass laws that will not be contested by anyone, such as Maliki now...
6-3-2014 Newshound Guru Millionday [in your opinion can the reality rate be set before the ISX goes live?] yes, the reality rate should be set before they go live because the largest product they have is the dinar and the price index would only make sense in trading shares with a fair market value...this is to be live by the end of june and ready in the middle of this month... they are going global according to what they are reporting.
6-3-2014 Intel Guru Frank26 [this is all coming together at last!] Indeed it does seem so Friend...Always keeping in mind that the Minds of the Middle Eastern World run on a very slow clock. Incredibly...Their famous procrastination slows and bends time warping it into frustration for us! Einstein would be proud of them.
6-3-2014 Newshound/Intel Guru BGG I think the main reason for all the "pro-Maliki" spin in the market place right now are the vast fortunes he's spending on advertising...as far as he's concerned - this is still his "election cycle". I won't count him out - but he's not nearly as "well off" as some...are reporting.
6-3-2014 Newshound Guru chattels for the Kurds the budget is too entangled with the formation of the new government to stand alone for a vote. IMO, we will not see a budget until we see the next government. [so if we do not see the budget till the next govt...can we still have the RV without the budget? seems they have to have that new rate in place to put it in the budget...is that right?] i have never subscribed to the notion that the budget was awaiting the rv'd rate or would reveal the new value.
6-3-2014 Newshound Guru Millionday [If the reality rate appears at say .86 or 1.13 will it be exchangeable at that rate world wide instantly or just in Iraq?] it will be the exchange rate that you would get as if you were traveling and will be global. [Are they still waiting to see who the next PM will be before RVing?] i have not seen that they are waiting for the PM to be named for anything economical...i dont see that they are waiting for anything in ink -- i dont even see according to the statement by the gov of CBI, Turki that they are waiting on the budget so without anything in ink or by press statement -- i cant say that they are waiting on anything...we dont have the date but they seem to be saying that they are working on moving iraq to a market economy. 6-2-2014 Newshound Guru Kaperoni Since almost 100% of the countries income is in USD, the budget is in USD and converted to Dinar for funding purposes. Salary increases have nothing to do with exchange rate and no, there is no RV hidden in the budget.
6-2-2014 Intel Guru DC Are there people that would like to delay this? Yes, but they have gotten to the point where people are saying enough is enough. It is on a day to day basis right now. [Iraq debt with the DFI funds, they had 10 days, is that extended? Have they paid them?] My understanding is yes. I know that more than one country got paid at the new rate & the rest real soon.
6-2-2014 Intel Guru TNT Tony Not a lot of news today but today is a superfantastic day. In Iraq, the GOI is announced all except 1 major position. [Could it happen anytime?] Yes. I believe it is really, really soon. It's on track. We are absolutely close.
6-2-2014 Newshound/Intel Guru Eagle1 When the actual exchange value of the IQD or the VND (just to name two popular examples) is released, I believe that many folks will be both astonished and pleased. ...Acting Governor of the CBI, Abdul Basset Turki...two years ago...said (and I'm paraphrasing him), "When the public sees the release of the actual value of the Dinar, they will be shocked!" Over this past weekend, we have seen more than a dozen currencies go through some pretty radical changes behind the scenes. While those changes are not yet reflected on the FOREX sites we see, we believe that these changes portend an imminent public release since they are a part of this overall Global Reset. We really are near the end of this ride! [post 3 of 3]
6-2-2014 Newshound/Intel Guru Eagle1 We have a two-step process in the works. The first step is what the international banking community is referring to as "a general RV." This amounts to a first-stage release of all of the major revaluing currencies, among which we all know includes the IQD, the VND, the IDR and a fistful of others which are increasing in value. The second stage is what we refer to as the Global Currency Reset. We call it a reset because it amounts to a restructuring of currencies based on real value, backed by gold and other tangible assets or commodities with real, exchangeable value...the IQD is the "base currency" for this process. Because the Dinar is the only 100% gold-backed currency in the world, it becomes the lynchpin for the "general RV" and the GCR. [post 2 of 3....stay tuned]
6-2-2014 Newshound/Intel Guru Eagle1 Many things are taking place behind the scenes which lead us to the inescapable conclusion that we are actually seeing the unfolding of the Global Currency Reset. This is a process...it is not a simple push of one button. There are -- based on my sources -- not less than twelve individuals who are directly involved in the process whose approval is required and is sequential to the final release to the general public. [post 1 of 3....stay tuned]
6-2-2014 Newshound Guru Aggiedad77 Article: "UPDATE 2-Iraq threatens legal action against any buyer of piped Kurdish oil - Reuters" It is odd that Maliki and his government is making such noise against the Kurds at this point...seems to me that if he was attempting to court their alliance with regard to the recent elections...he might be making "concessions" instead of threatening suits left and right over what the Kurds have done with their oil...I honestly believe it is not the Kurds intention to renege on the percentage of the revenue that is due to be passed back to the GOI...what is lacking totally in this equation is simply a matter of trust by either side...none...NADA...petty children's games being replayed by adults.
6-2-2014 Intel Guru MarkZ Things are looking GREAT...there is no need to worry. [are you feeling very strongly that this is our week? like early this week?] I FEEL great. [Are you still. Feeling good about by June 15?] yes...
6-2-2014 Intel Guru TerryK I WAS ADVISED...10 LAWS WERE PASSED THIS WEEKEND IN IRAQ...10 IN ONE DAY. A LOT HAS BEEN GOING ON AND I AM BEING TOLD THAT THIS IS TO GO DOWN TODAY AND WE SHOULD SEE IT TOMORROW. I HAVE A NEW RATE... 9.23. TREAT THIS AS A RUMOR.
6-2-2014 Intel Guru Mnt Goat Two major, major events took place and both very significant for us dinar holders. The signing of the final paperwork for Iraq to enter the WTO and the amendment to EO 13303 freeing up the assets of the CBI, now no longer under sanctions within the USA. It is my strong feeling we are looking at possibly around mid July towards the end of July before we see the announce of the fully, functional, stable government. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government line up. This I believe has to happen and this I believe will be the grand finale. I certainly hope it all happens prior to this date. [post 2 of 2]
6-2-2014 Intel Guru Mnt Goat Maliki is simple not getting the support he anticipated. What I cannot understand is how some can still cling to the notion that Maliki has won a 3rd term as prime minister already. I do not expect that Iraq will take 5-6 months to form this new government as in 2010. This government should be formed quickly since they have been planning for this since 2012. [post 1 of 2....stay tuned]
6-2-2014 Newshound Guru Kaperoni Article: "Concerned : non- adoption of the budget is causing economic recession" Quote: "that under the current circumstances make it difficult to control the exchange rate of the dollar due to the central bank to pump large quantities of hard currency to the money transfer companies." ...until they open the banking system to the world, these banks are nothing but currency dealers...and now we see through this article, that business may be in jeopardy as a result of allowing money transfer companies to go direct to the CBI. This may be more than just the reduction of the spread (Official Rate/Market Rate), but the indication that the CBI is planning to move to Article VIII much more quickly that we may have thought so these banks can do real business!
6-2-2014 Newshound Guru Millionday this is huge and is titled the FUTURE ...from the economic plan for Iraq. Quote: "...oil revenues the focus of the subject and present certainly which is expected to reach 5 trillion dollars in the course of the year 2035, according to estimates..." ...Iraq is depended on entirely for the new energy market with their reforms and also the global energy changes. this...tells us the huge position that Iraq will hold in trade and of course economic resolve for the globe. they are stating at this time that the change that Iraq represents is huge for all of the globe and of course for them as well -- during the massive press conferences they have informed the citizens of what is to come and they have also now informed it would seem the globe that they are in a hurry...
6-2-2014 Newshound Guru Aggiedad77 Article: "Kurdistan: Maliki rejected all initiatives put forward to resolve the dispute oil" There are many points to this article....but basically with the exception of one point...it is all old news.....the new point is that the Kurds are accusing Maliki of being the one to cause the budget to be postponed until after the elections...this is not some effort of other blocs....primarily believed to have been Najafi's delay tactics...it really doesn't matter, the fact is they have sat on their hands for almost 2 months now and haven't done anything or made any attempt to even look at the budget...meanwhile oil flows out of the Kurdistan and is going overseas to Europe.
6-2-2014 Intel Guru Jester THIS IS A HUGE UNDERTAKING AND THEY ARE NOT WAITING ON ONE THING...THAT IS NOT THE WAY IT WORKS...THERE IS NO ONE THING THAT WILL TRIP THE TRIGGER... WELL SOME DAY THERE WILL BE ONE THING LEFT BUT...THERE IS A SERIES OF EVENTS THAT HAS TO HAPPEN TO MAKE THIS THING WORK RIGHT...AND THAT IS WHAT THEY ARE DOING...IS IT TAKING LONGER THAN THEY THOUGHT...YES...IT IS TIMING AND POLITICS.
6-2-2014 Intel Guru WILDDUCK TIME WILL TELL AND THIS HAS BEEN THE BIGGEST DISINFORMATION WEEK I HAVE SEEN SINCE I GOT IN THIS...LIKE I ALWAYS SAID THIS WILL LIMP INTO VIEW 6-1-2014 Newshound Guru Millionday [they've said many times they were ready to pass the budget. What's different this time? I feel like they're the boy crying wolf.] they are saying that they will have the budget done and ready before the 14th of june. they need money to move forward and have made it very clear that the only way to get it is to push forward the budget and tariff taxes. [Projects still going on line tomorrow (June 1st)?] the projects are supposed to begin by...the 1st of june per order of the UN -- i dont know if they will, but the order was in ink. [post 2 of 2]
6-1-2014 Newshound Guru Millionday [Are they doing the budget now and monetary reform along with deleting the zeros in june?] they are doing the budget now and laying it out with the five year plan and the final accounts from 2013. they are calling to move forward with budget and also the vote for the budget is ready but had lack in quorum...they can pass it with majority and told the citizens they were going to -- so again they keep contradicting what they say and of course when they will be done. [post 1 of 2....stay tuned]
6-1-2014 Newshound Guru Aggiedad77 Article: "The appearance of Mohammed Saleh: central bank's measures will not lead to the stability of the exchange rate of the dinar against the dollar" Dr. Mohammed Saleh is quoted as saying the act by the CBI to allow money transfer companies to buy the dollar without any middle bank being involved will not lead to stability of the dinar against the dollar...he says that this action will surely reduce the transaction costs but will not be seen as a solution...he claims the solution would be to meet the needs of the foreign currency market...he says the action by the CBI will succeed in lowering the price of the dollar.
6-1-2014 Newshound Guru chattels i do believe that the outcome of the PM vote / selection will surprise us, but unfortunately for me that element of surprise does not rule out Maliki.
6-1-2014 Newshound Guru Kaperoni I just want to see gradual appreciation of the dinar based on the economic progress...as the economy grows, so does the dinar. If they implement this "deletion of zeros" it might not be what we want! I would rather see the dinar rise gradually and be assured that the we will eventually see significant returns on the dinar then take a chance on some overnight event that may not end up as we want it to...there is no way to know with absolute certainty that any overnight event would benefit us. But a gradual appreciation of the dinar based on the Balassa-Samuelson effect will! I want to see them raise the value gradually, and when it is 1 to $1 or about, apply the Law of Indebitness to correct all accounting and financial records.
6-1-2014 Newshound Guru Enorrste [At 1187 CBI rate, 1210 is exactly 2% spread, so I dare say we're compliant, folks.] The only numbers we need to concern ourselves about are the numbers that the IMF is using. Speculation on this matter is interesting, but not highly productive. In the end, when the IMF sees that Iraq is in compliance, then we will see our opportunity. Until then, however, we are all just hoping. Unfortunately, I don't know just how the IMF looks at this. We have 1166 and 1179 and now 1189 as potential "official" rates. Unless the IMF accepts 1189, however, we may still be a way off in getting in the "compliance" that they are looking for.
6-1-2014 Newshound Guru chattels ...anyone who says that it has to happen on or before this date and /or because of this, that or the other, has been WRONG. this event is far too important to be PREDICTABLE. this event is a matter of national security for Iraq, nobody is supposed to know, even Dr. Shabbibi said that he DID NOT KNOW. Shabbibi also said that if he did know that he could not say.
6-1-2014 Newshound/Intel Guru BGG based on what I hear from my contacts (not various other researchers or Gurus) I am very encouraged about the state of our investment. I will say this - no matter who is "elected" or what the various twists and turns - it is unlikely we'll be at this for much longer.
6-1-2014 Intel Guru TD The CBI has been asked to let things form & stabilize before any major monetary policies are executed. While the CBI is autonomous in theory, there is inter dependance among the executive & legislative branches. Don't be surprised to see announcements regarding deletion of the zeros project, IMF & WTO compliance issues, international capital & investment banking reforms as targets of programs to roll out in 2015. This is Iraq and a snails pace of "things to do" hasn't changed one bit. June, which was stated previously as a month of goals & actions will come & go without enactment of anything major relative to the dinar, it's rate or status. [post 2 of 2]
6-1-2014 Intel Guru TD I'm told there's much to sort out & put in place with the new government. Key positions of political players being fought over. The Kurds are waiting to see if coalition power will be in their best interests. They have expressed to everyone that they are in a "wait & see" mode and only THEY will decide the best interests of their future. Coupled with this is Parliament who also has various laws still to enact to move the country into a market driven, international platform of investment & trade. [post 1 of 2....stay tuned]
6-1-2014 Intel Guru Jester I WAS TOLD EARLIER TODAY IT COULD BE IN THE NEXT 10 MINUTES OR THE NEXT 10 DAYS... NOW KEEP IN MIND HOW THINGS CHANGE... BUT RIGHT NOW THAT IS WHAT I AM HEARING.
6-1-2014 Intel/Newshound Guru Poppy3 HAVEN'T THEY PUT IN INK THAT THEY WILL HAVE A ISX TRADABLE CURRENCY IN THE MONTH OF JUNE OR THE MIDDLE OF 2014...WE ARE THERE...SOUNDS PRETTY SOLID TO ME. THAT WAS SAID SEVERAL TIMES BY SEVERAL PEOPLE IN THE CBI AND GOI.
6-1-2014 Intel Guru Bluwolf ...monies have been loaded in all world banks, we are basil 3 compliant and so is the rest of the world, we are just waiting for the 800# now. There are no restraints or delays...Expect to be surprised at any second. Imo there will be a new PM in Iraq and as soon as we see the results officially then it must go internationally immediately as a sovereign nation with its full values in its currency.
5-31-2014 Intel Guru Okie_Oil_Man ALL THE NECESSARY ARRANGEMENTS ARE NOW IN PLACE FOR OUR BLESSING TO OCCUR. WE WAIT NO LONGER---EVERYTHING HAS BEEN ACCOMPLISHED AND WE ARE VERY FORTUNATE TO BE IN THIS EXACT TIME AND PLACE. I FORGOT--ANYONE REMEMBER PATSY CLINE SINGING---I GO OUT WALKING AFTER MIDNIGHT? I HOPE YOU UNDERSTAND WHAT I JUST POSTED. [post 2 of 2]
5-31-2014 Intel Guru Okie_Oil_Man THIS MORNING IT APPEARED THAT WE WERE IN A LESS DESIRABLE PLACE THAN WE ARE NOW. AS THIS DAY HAS PROGRESSED THE ELEMENTS INVOLVED HAS CHANGED RAPIDLY AND ALL FOR THE BETTERMENT OF EACH OF US. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru Dinar Wishes what I am about to tell you is the truth, and nothing but the truth!!! So Help Me God!!! This game of chance we are all apart of is crumbling because certain things needed for every country to be Basil III compliant are not being fulfilled by those in power to make this happen… I know this to be fact…If we do not have the gold to back our currency then we will not see any benefit to the RV in our country…I have personally been involved with those who have, and are trying to help us to be Basil III Compliant and they are intending to pull out the Gold backing…They feel it is the only way to move the process forward …Unfortunately if that does happen then the Dollar will lose all value outside of our country… not all at once but it will be significant…End result no American RV.
5-31-2014 Intel Guru Okie_Oil_Man BECAUSE OF PAST UNFULFILLED PROMISES MADE HIM, LET US HOPE THIS IS HIS PLOY OR PLAN TO FORCE THE ISSUE OF HONORING THE CONTRACTS THAT HAS BEEN RENIGGED ON. IN WORST CASE SCENARIO PLANS HAVE BEEN MADE TO SUBVERT THE USA AND INITIATE THE GCR AND R/V IN ANOTHER COUNTRY. WE WILL STILL RECEIVE OUR FUNDS REGARDLESS OF WHETHER THE UST, THE USA GOV, THE IMF, THE BIS, POTUS, SEC OF TREASURE STILL REMAINS RELUCTANT OF PERMITTING THE PLANNED FINANCIAL OCCURRENCES TO TRANSPIRE. THE TIME FACTOR FOR US AS INDIVIDUAL'S IS THE UNKNOWN QUANITY IN THIS SCENARIO THAT IS PLAYING OUT RIGHT BEFORE OUR EYES PRESENTLY. [post 2 of 2]
5-31-2014 Intel Guru Okie_Oil_Man THE SIGNATORE RESPONSIBLE FOR INITIATION OF THE R/V HAS BEEN FALSELY PATRONIZED IN THE PAST. HE, AS A RESPONSIBLE REPRESENTATIVE HAS WITHDRAWN HIS AUTHORITARIAN POSITION FROM THE AGREED TO CONTRACTS BECAUSE OF FAILURE AND BREACH OF CONTRACT HE HAS BEEN LABORING UNDER FOR QUITE SOME TIME. YES IT IS TRUE HE REPRESENTS THE VAST GOLD BULLION NECESSARY FOR THE FUNDING OF THE GCR AND R/V. [post 1 of 2....stay tuned]
5-31-2014 Newshound/Intel Guru Flashing According to the rumors that I have received everything is excellent for us. The pending items for the release of the rv should be resolved after mid June and then we should see the RV between the last week of June and first of July. These pending items are of political, economic and financial kind.
5-31-2014 Newshound Guru Millionday [do they even NEED a rate for isx or could this go on forever?] they absolutely without a doubt need a reality rate for the isx and the world market. they have stated that is the middle of the year 2014 they are planning to move to a market economy and that requires a reality rate. they have stated that they will be selling [bonds] as well and that they will be on their markets and also a provincial and government tool for funding projects but CBI stated that they would not give out local or federal funds until the budget is passed and that is supposed to be within two days according to the UN. [post 2 of 2]
5-31-2014 Newshound Guru Millionday [can u...explain if the budget has to be passed for the rv to take place...?] no the budget does not have to be passed but i can not tell you if they plan to have it done at the same time they set the rates due the value change that will happen with the redenomination. the UN gave a deadline of the 1st for the in country projects to begin and have ordered that timeline due to the constitution and the needs of the citizens ---- so they are supposed to be in a huge hurry with the budget so they can meet the timeline. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru MarkZ This is a PROCESS that is moving surprisingly well. Not sure if we can still squeeze it in before the end of the month but it is still possible. It could take weeks more at best. [are we reliant on GOI or CBI to take specific action?] yes and no, we just need them to say their lines when it is time which is NO problem at all. They are past ready. [Do you still feel we are very close, such as this weekend?] Very close. This weekend would require an enormous amount being accomplished in short order though. [Whats the word on the VND...?] It looks awesome. I wish I had spent as much on it as I did dinar. [post 2 of 2]
5-31-2014 Intel Guru MarkZ [the...post (Backer of "Global Banking Reset" Pulls Out Over Political Bickering) is smoke IYO?] I will sum it up by saying I am not at all worried. PERIOD. I do not have all my old notes so I may miss a date or a number but here are the basics. The 'Gold treaty' was signed about a year ago by all 188 participating countries. Last March 21st if memory serves me, now all we have been waiting on is it's execution. The best way I can put it and not over step my bounds is to simply say it is NOT relevant to the completion of the event. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru Jester [A post...stated that the main backer of gold for the GCR has backed out?] YOU GUYS KNOW THE TERM SMOKE AND MIRRORS... SO THAT MIGHT BE THE BEST WAY TO DESCRIBE SOME OF WHAT IS GOING ON IN MY OPINION... [Jester could something like that even happen at this stage of the event...?] IT IS POSSIBLE... BUT I AM NOT SO SURE WHY THEY WOULD TRY SOMETHING LIKE THAT... I DO NOT THINK IT IS SOMETHING YOU SHOULD WORRY ABOUT AT THIS TIME...AND THE WORD I HAD LAST NIGHT IS... IT COULD BE 10 MINUTES OR IT COULD BE 10 DAYS... BUT IT IS RIGHT HERE...
5-31-2014 Intel/Newshound Guru Poppy3 (SOURCES)...ARE ALL EXCITED BUT AS I HAVE TRIED TO WARN EVERYONE...THESE HOT RUMORS WILL GET FASTER AND MORE FURIOUS THE CLOSER WE GET. THINGS IN GENERAL ARE AWESOME SOUNDING NEWS BETTER THAN EVER... I SUSPECT WHEN TURKI AND THE FINANCE DIRECTOR FROM PARLIAMENT MADE THE STATEMENTS BACK IN JAN., FEB. THAT THEY WOULD HAVE A INTERNATIONAL TRADABLE CURRENCY BY MID 2014 THEY ALREADY KNEW THE TIMING AND THE PLAN WAS SET INTO MOTION. WE ARE GETTING TO MID YEAR VERY FAST. 5-30-2014 Intel Guru TNT Tony [via Adept1] It was a very hectic day. We started last night – yesterday we were excited and Wednesday, thinking we would have the 800 numbers and everyone would be at the banks this morning…which did not happen. If you hear some negative stuff, some of it might be true, but supposedly things are worked out to our betterment. Contract rates are still there, international rate is still there. They are trying to stretch it out to the first…it went last night up to a point, and once again it was stopped by the same people. Things could still pop up tonight.
5-30-2014 Intel Guru Mnt Goat we are hearing strongly now that the plan by the USA to put Maliki in for a 3rd term has been spoiled. But we will not be certain until the final announcements are made early next week. Seems there are still some “real” politicians left in Iraq and they are fighting with great fortitude so Maliki will never have any part in the Iraq government again. It is taking a bit longer but they are winning the battle...It may take a bit longer for us to get our RV but it will be worth it to see Maliki gone. Remember I said we will not see any RV to just before or just after the announcement of fully formed, stable, functional new government. Dr. Sinan Al-Shabibi an Iraqi economist who served as the governor of the Central Bank of Iraq has also said this many times, as it was part of his currency restructuring plan and still is.
5-30-2014 Intel Guru Frank26 [Guru Delta] is like a little kid right now filled with excitement for the progress he is understanding. He gives me Time Frames, NOT Dates Normally. But the 20th is not an IR day (International Rate) it is the fulfillment of art. 8 We seek. He just wishes Iraq would stop using the same old speed...Neutral. Yet neutral allows the WB [World Bank] and soon some more Powers to PUSH them further into article 8 compliance of IMF. It is not that Iraq is lazy...They just waste so much time arguing. An embarrassing and shameful waste of productive time it is! But even at 2 STEPS forward with 1 STEP backward as their political cadence march...They will eventually get to an IR.
5-30-2014 Newshound Guru wmawhite [does the rate need to be [in] effect before the ISX goes live July 1st?] it appears there are several events on the horizon that must have a true exchange rate in place. [Are they a long way from article 8?] honestly, just like this past week, there are dominoes dropping that we are unaware of until after they hit. there are so many events happening that are happening because the CBI is preparing to change the rate of the IQD. these events have never happen before in this investment. It is truly a great time to be at...the facts indicate that a group of people we do not know will make major changes to the IQD at some point in the future. If it was to be at some distant time, why are they doing what they are doing today? I seriously believe that this could happen at any moment...we have never been to this point before... [post 2 of 2]
5-30-2014 Newshound Guru wmawhite just as the amendment to EO 13303 indicated...the asset of the CBI (the IQD) had prohibitions on it prior to this week. That doesn't change the fact the the IQD is Iraq's currency. However, until this week even if our banks wanted to recognize it they could not. today we can buy and sell the IQD based upon some one value...that is not an international exchange rate determined by the CBI. when a country's exchange rate is determined it is accepted by other countries...that is not the case with Iraq...YET...instead, the IQD is not used in international commerce...instead, anyone can decide what they may buy or sell it for. [So how did the banks deal with dinar 3 years ago. If it had no value?] the IQD was the same has buying a toaster at Wal Mart... they sold the IQD the same as it they were selling silver eagle dollars. [post 1 of 2....stay tuned]
5-30-2014 Intel Guru WILDDUCK IF THAT IS THE CASE THEN LETS ASSUME THAT CL [CHRISTINE LAGARDE] DID HER JOB LAST NIGHT AND IT WILL BE 24 T0 48 HOURS FOR THE GCR TO CALC IN...THEN ARE FINALLY DONE. IMO THERE IS NO DELAY. THIS FITS WITH OLD VIDEO YOU GO TO SLEEP SATURDAY NIGHT AND WAKE UP WITH NEW CURRENCY VALUES. RV THEN GCR, THAT MAKES LOGICAL SENSE AND WE HAVE BEEN TOLD IN THE PAST THAT IS THE WAY IT HAD TO GO...WE ARE IN A GOOD SPOT. [post 2 of 2]
5-30-2014 Intel Guru WILDDUCK THIS IS A PROCESS AND THIS IS WHERE I THINK WE ARE…THE INTEL HAS FLOWN HOT AND HEAVY THE LAST 2 DAYS AND YESTERDAY NOON FOR SURE. LET'S ASSUME FOR A MOMENT THAT RV OCCURRED ON TUESDAY AFTER THE HOLIDAY HERE LATE AFTER NOON AND TOOK 48 HOURS TO PROCESS AND DURING THAT TIME 13303 WAS RESCINDED TO ALLOW FULL WTO MEMBERSHIP AND OTHER THINGS. SO THAT BRINGS US TO LAST NIGHT. LET'S THEN ASSUME THAT YOU HAVE TO HAVE AN RV BEFORE YOU CAN HAVE A GCR. [post 1 of 2....stay tuned]
5-30-2014 Newshound Guru Kaperoni CBI Announcement 5/29/2014 Quote: "Companies can buy dollars directly from the CBI by (cash or transfer)" This is a significant step for the CBI to get in compliance with the IMF...its a good step, now we need to see results. If these money exchangers/currency traders start participating, we should see the Market Rate start to drop soon...1200 or about the magic number. Don't overlook that parliament has not passed any laws nor is their a new GOI formed. But I sure can't wait to see the letter to the IMF from Turki requesting the move from XIV to VIII. [in your opinion does the CBI announcement have any connection to the TIMING of the recent revision of the Presidential EO?] None what so ever, the CBI has been told to liberalize the foreign exchange for two years.
5-30-2014 Newshound Guru Aggiedad77 "Almost a consensus within the National Coalition to exclude al-Maliki for a third term" The opinions are abounding and resounding against considering Maliki for a third term as is evidenced in this article and a consensus taken by the National Coalition...at this point one might start to wonder...where will Maliki's strength and support come from...don't forget that money has a way of talking...and making former lines in the sand disappear.
5-30-2014 Intel Guru EXOGEN CL [Christine LaGarde] et al have accomplished the mission. Banks are projected to show live rates within 48 hours. Algorithms for reset implemented. Cannot be stopped. Numbers are changing on screens. LaGarde has accomplished her mission. Rates projected to show live on Forex- we will be in banks in 24-48 hrs.
5-30-2014 Newshound Guru Stryker The delete zero project started July 1, 2011 when Dr. Shabibi, the then governor of the Central Bank of Iraq, announced that the CBI had all the tools to start the project. More dollarization was implemented to remove dinars from circulation. It has been postponed two times since then but now I believe we are heading to the final stretch. Can there be another delay, sure but signs show that Iraq is ready to move forward. [post 2 of 2]
5-30-2014 Newshound Guru Stryker I believe we are in the final stretch of this adventure of ours and here’s why. Obama releases all Iraqi’s assets back to the Central Bank of Iraq, not the GOI...Executive Order Amendment...This means that the CBI can use these assets, properties, etc. to back their currency since they are in charge of the Monetary System of Iraq. The Central Bank of Iraq’s head man Abdul Basset Turki says that all measures will be in place by middle of the year and he will not hesitate to implement to delete the zeros project as long as the situation politically and economically is right for the country. [post 1 of 2....stay tuned]
5-30-2014 Intel/Newshound Guru Poppy3 ...THIS WAS DONE ASAP. IT HAD EXTREME URGENCY BEHIND IT AND WAS BEING PUSHED BY THE IMF, WORLD BANK AND CBI. WITH THIS BEING SAID...THREE PEOPLE TODAY...TOLD ME THEY ALREADY KNOW WHO THE NEW PM IS GOING TO BE AND THEY ARE PLANNING TO ANNOUNCE THE RV WITHIN THE NEXT FEW DAYS, POSSIBLY WITHIN THE FIRST WEEK OF JUNE, IF THE NEW POSITTIONS ARE ANNOUNCED AS PLANNED. [post 2 of 2]
5-30-2014 Intel/Newshound Guru Poppy3 all new is good news -- THINGS WHERE EXPLAINED TO ME TODAY about the 13303 being extended on the 22nd was decided to happen two weeks prior to the deadline. It was conveyed to Obama and the administration that under the 13303 law as written the banks and the IRAQ CBI would never be admitted to the WTO as FULL MEMBER BECAUSE THE law AS written would prevent all word banks, including the USA banks, from being able to trade with IRAQ and would prevent any DINAR exchanges. Immediately they started writing an amendment to the LAW and when they didn't get it completed in time they then had to extend it until the amendment was complete...at which time Obama signed an executive order to put it immediately into law so the BANKS COULD MOVE FORWARD. IT AUTOMATICALLY GIVES OUR BANKS LEGAL RIGHTS TO NOW EXCHANGE OUR DINAR WHEN THEY ANNOUNCE THE NEW VALUE. [post 1 of 2....stay tuned]
5-30-2014 Intel Guru MarkZ I have been told by a source I firmly respect that CL [Christine Lagarde] has handed it off to be completed and she is not a hindrance. I believe there are many who want to stop it, I do NOT believe that they can now though. [the end of May is wrapping up...Sooooo?] Sooooo I think we are close...I still think we may make it. I did have one government source today saying it may take until the 6th or 7th though...possible we still can make this week. [post 2 of 2]
5-30-2014 Intel Guru MarkZ "We" meaning a lot of intel people have been asked to not be too vocal and to not rock the boat while this thing finishes. That being said I want to reassure you all that the news is good and I do believe we are very close to the finish line. [we've been down this road of "don't rock the boat" about a dozen times so do you believe we are NOT being strung along AGAIN?] This time it is totally different people asking for us to keep every one calm. This time the people I consider to be the 'good guys' are asking. [post 1 of 2....stay tuned] 5-29-2014 Newshound Guru Kaperoni CBI Announcement 5/29/2014
Quote: "Companies can buy dollars directly from the CBI by (cash or transfer)" It looks like after a few months of telling us that money transfer companies were going to be allowed to participate in the auctions, they are now finally going to let that begin. This will IMO reduce the spread and get them in compliance with the IMF. I would guess in short order. Very good news.
5-29-2014 Newshound Guru wmawhite there are two parts to the admended EO 13303...the first part is directed towards the GOI. The second part spells out the lifting of the prohibitions of the CBI.. HUGE News! [does anyone think it will make news or some sort of confirmation that these funds have made it back into iraq?] the CBI has been referring for weeks about these funds already being in their possession.
5-29-2014 Newshound/Intel Guru BGG [what else does Iraq need to do in order to be included into the WTO other then an international currency?] I don't think the WTO matters much to us (other than being a good step towards being included in the world economy)...I have never said the Dinar needs to be or is conditional to WTO entrance.
5-29-2014 Newshound Guru Tlar With all economic indicators that one would use to value a currency today, Iraq could launch their currency even higher than $2.00 but my gut feel is they will be conservative in the beginning for both their safety and the global economies safety choosing to not try to milk the last dollar out of this change. Truth is that is just a guess. Deleting the zeros is an all encompassing statement. Anything 86 cents or above qualifies under this statement. Deleting the zeros (86 cents) may not mean stopping point that I have believed it was, but may be a starting point at a any value greater than 86 cents that Iraq decides to make their currency. Turki said he is ready. Turki said he would do itr today if the government situation were settled... [post 2 of 2]
5-29-2014 Newshound Guru Tlar The Imf will undoubtedly let Iraq use some portion of the oil production to back their currency. This is why I believe Iraq could come out higher than my original estimate for the last couple of years at 86 cents. This is partially why I now believe we could see $1.50 - to $2.00. In 2008 when they did the strategic study that concluded that Iraq could support $1.13 they were producing approx 1.5 mbpd and the reserves were less that 40 billion. In Nov 2009 when the Forex's started to change in Europe showing the dinar at $1.49 all night, the reserves were less than 50 billion. [post 1 of 2....stay tuned]
5-29-2014 Newshound/Intel Guru BGG [Are you confident M is gone?] we already know - just a matter of time till THEY KNOW IT. Maliki is living on borrowed time and doing all he can to s-t-r-e-t-c-h it out.
5-29-2014 Intel Guru DC IMF, UST, UN, bankers...literally just waiting...it is my understanding all are on lockdown again. It was supposed to have been this weekend but the US asked it to be pushed past Memorial day for numerous reasons. It is now being ramped up again. Power players in Iraq are expecting this to go quickly and security is extremely tight right now & on phone black out. UN folks are ready for the actual RV. The DFI funds were released...some segments still under protection but were released. [Are we still on track for the end of the month.] Yes. [Is the dong still in the 1st basket? over 1.00?] Yes, I believe so but don't be surprised if it changes. Everything looks really good and extremely optimistic.
5-29-2014 Newshound/Intel Guru BGG [I think i can wait one more month!] You may not have to - the way the "amended 13303" and revision were worded is very telling... (to me).
5-29-2014 Newshound Guru Millionday I HAVE TO SAY FOR AN EXECUTIVE ORDER TO BE FOR IMMEDIATE RELEASE THAT MEANS SOMETHING FOR SURE TO ME -- THEY ARE MEANING RIGHT NOW.
5-29-2014 Newshound Guru wmawhite OFAC [Office of Foreign Assets Control] acts under Presidential national emergency powers, as well as authority granted by specific legislation, to impose controls on transactions and freeze assets under US jurisdiction. Now it was OFAC that published the amendment to EO 13303. Therefore, the assets of the CBI are no longer under sanctions within the USA. The importance here is that if OFAC prohibits a country, our banks are unable to do business with that country. Now, OFAC is stating that all sanctions are lifted as to the CBI. [so the sanctions being lifted means our banks can now deal with Iraqi dinar?] if a bank chooses to do so. [it seems this was a big issue to overcome to see MR occur for this country? Am I on the right track?] One of the biggest for us to exchange the IQD within the USA.
5-29-2014 Intel Guru TNT Tony Its a great day in Dinarland. I can't tell you why it did not happen but everything good right now. The DFI has been released and if that has been released then you should know what's really going on without going into any depth with it...it's a great reason for us to be excited. There was a little bit of turmoil yesterday, one hell of a roller coaster ride in the last 24 hours but right now we are smooth sailing. Their goal was to try to get to the 1st of June. We were hoping they didn't and we don't know if they are going to or not. We are just biding out time. [Is the contract rate still a possibility?] Absolutely! [Will there still be a walk in street rate, international rate, low and high contract rate?] That's what I heard. We are waiting for more good news...waiting for a shorter window. Let's see what happens. It's not the 1st yet. We don't expect to see the 1st.
5-29-2014 Newshound Guru Millionday the change in the 13303 other than it being not extended it has also lifted all of Iraq`s consequences and moved them forward so that all and i mean all of their money is under their own control and also the debts are as well as with all other countries...this is a new executive order to give iraq all control...huge news and of course this lets us know why the confusion that came with the end of the 13303 -- it was for amendments and for the movement forward for Iraq to the global market obviously.
5-29-2014 Intel Guru Delta [IYO, is it absolutely necessary that a GOI is seated before the RV is released by the CBI?] NO. [From the bottom of your heart, do you really feel we will see our blessing soon?] IMO BEFORE JUNE 14, 15. FOR WASHINGTON TO LIFT THE IMMUNITY AND GIVE IRAQ AND CBI THEIR MONEY IS A STRONG INDICATION THAT IRAQ IS READY TO RV. 5-28-2014 Newshound Guru Adam Montana [What if by some miracle, Maliki gets a third term. Will our hopes for an RV this summer be TOTALLY dashed?] Absolutely not. In fact, the opposite - Maliki has been working, tweaking, solidifying many alliances and "backroom deals" for years now. Maliki is better prepared than any other potential leader to continue moving Iraq forward.
5-28-2014 Newshound Guru wmawhite now we know why EO 13303 was extended on 22 May...because it had to be in place in order for it to be amended yesterday. This amendment was published by OFAC...Office of Foreign Asset Control. OFAC over sees all U.S. banks and regulates who they may do business with. OFAC has just told all U.S. banks that all assets of the CBI are no longer sanctioned by EO 13303. And...what are the CBI assets? Its currency! [Iraq is positioning, getting all their ducks in a row to RV!] you are correct! ...take pleasure in knowing this is a huge step.
5-28-2014 Intel Guru Mnt Goat So we are hearing strongly now that the plan is for Maliki to serve a 3rd term in spite of the overwhelming strong opposition to him. To be prime minister once again we are being told that Maliki must first assist the CBI in completing the revaluation and restructuring of their currency before he becomes official. They have given him a June 6th deadline, the final day set for the judicial system to ratify the election results.The new rate must go international by then. This is the base currency for the global currency reset (GCR). However there is still hope since the final election results are not yet ratified and announced in Iraq. They are still sit at the crossroad and can freely decide what path to take.
5-28-2014 Newshound Guru Adam Montana ...I'm not surprised or upset that there's not much new to report right now! In a nutshell...something could happen today, tomorrow, or next week. I don't have an exact date, and I'm not going to get too excited OR frustrated about any particular minute, hour, day, or week over the next month... but I do like how things are going right now, and I am willing to officially say this: CHANGE IS COMING FOR IRAQ!
5-28-2014 Intel Guru Frank26 [do You think Ramadan will delay the MR (Monetary Reform) to bring forth an IR (International Rate)?] Nope. To waste such valuable MR TIME until then by the GOI would not be murder... It would be suicide.
5-28-2014 Intel/Newshound Guru Poppy3 ALL IS WELL AND APPEARS TO BE MOVING FORWARD IN SPITE OF ALL POLITICAL MANIPULATING. STAND BY FOR GREAT REWARDS.
5-28-2014 Intel Guru Hub iraq is a growing entity, they are doing things to become world leaders...currency revaluation, world leadership...this giant is about to show its head...Iraq is the modern day giant...they are about to blossom and...we are along for the ride...
5-28-2014 Newshound Guru Kaperoni Executive Order: "Ending Immunities Granted To The Development Fund For Iraq And Certain Other Iraqi Property And Interests In Property Pursuant To Executive Order 13303, As Amended" The way I see it, Obama never extended the protection of the DFI on May 19th, he only extended the "national emergency" in regards to Iraq (which never needed extension). This news today confirms the "national emergency" is still in place, yet the funds under the DFI are no longer protected. He is giving them control of their money and it will be up to Iraq to resolve any remaining debt issues or lawsuits will commence. One can make a reasonable assumption that giving them their money (DFI), and the liability that goes with it, as a push to stand up and engage with the world financial system which includes the dinar.
5-28-2014 Newshound Guru Millionday 13303 is ended and the kurds are working with the federal government and they are working to make the budget work and they are listing the article 140 results. they are working on all of it together -- hcl -- budget--reforms, etc. they had to have all projects ready and activated by june 1st -- this week and the beginning of next is very important. [post 2 of 2] [See Dinar Guru Master List of Possible "To Do's" in the Dinar Guru Resource bar on the left]
5-28-2014 Newshound Guru Millionday [The big question is why do you suppose EO 13303 was rescinded today (Tuesday)?] because Iraq made their case as they do not need it -- they have 8 countries left and have made very trusting agreements as to how they will be paid and with how much interest and also with trade agreements -- the US is not needed to protect their monies and they were able to make that point...this is great and the results we wanted to see. [post 1 of 2....stay tuned]
5-28-2014 Newshound Guru Aggiedad77 Article: "A member of the parliamentary finance: Parliament will hold its sessions and the budget will be postponed for the next session" So according to one MP on the Finance Committee...politics continue to get in the way of any effort to approve the 2014 budget...but that should not be much of a surprise to anyone...they will put off the budget discussion until the new government is seated...IMO...this has been a ploy by the Speaker of Parliament from the beginning back in January to postpone this budget as long as possible...yet he seeks to be President of Iraq...he was totally ineffective in leading Parliament. 5-27-2014 Newshound Guru Tlar It is my opinion since the first straw poll that Maliki is finished. There are some out there that will argue this outcome but I think the argument has been resolved with the election results even if they have not been released yet. The opposition has 200-210 MP'S out of a possible 328. IMO Maliki is not going to be around more than another week or two unless he can break the will of the coalition. The coalition has yet to have made its move. Most everything you read about Maliki still has chances are false hopes... it is my belief that the SOL will dump Maliki and it to will support the coalition seeking to agree to a nominee that will be acceptable to all...So hang in everyone. We will see nothing but crap put out by the Maliki supporters IMO for the next two weeks. This has to be played out this way in order to come out right.
5-27-2014 Intel/Newshound Guru Poppy3 EXECUTIVE ORDER: "ENDING IMMUNITIES GRANTED TO THE DEVELOPMENT FUND FOR IRAQ AND CERTAIN OTHER IRAQI PROPERTY AND INTERESTS IN PROPERTY PURSUANT TO EXECUTIVE ORDER 13303" this appears to be great news as we all should remember this DFI fund was set to be released on the 22nd and several countries where demanding they be paid their war retribution funds. IT IS GOING TO BE VERY INTERESTING TO SEE HOW THEY REACT NOW AND WHAT IRAQ PLANS TO DO TO CONTROL THE FUNDS. I AM GETTING EXCITED...WOW GOOD STUFF. GET READY TO CELEBRATE...EXCITING NEWS. THIS THING COULD GO DOWN THIS MONTH YET. TIME WILL TELL. [See Guru BGG's post below]
5-27-2014 Newshound/Intel Guru BGG Just released today… big news: EXECUTIVE ORDER: ENDING IMMUNITIES GRANTED TO THE DEVELOPMENT FUND FOR IRAQ AND CERTAIN OTHER IRAQI PROPERTY AND INTERESTS IN PROPERTY PURSUANT TO EXECUTIVE ORDER 13303, AS AMENDED. I, BARACK OBAMA, President of the United States of America, have determined that the situation that gave rise to the actions taken in Executive Order 13303 of May 22, 2003, to protect the Development Fund for Iraq and certain other property in which the Government of Iraq has an interest has been significantly altered. Recognizing the changed circumstances in Iraq, including the Government of Iraq’s progress in resolving and managing the risk associated with outstanding debts and claims arising from actions of the previous regime, I hereby terminate the prohibitions contained in section 1 of Executive Order 13303 of May 22, 2003, as amended by Executive Order 13364 of November 29, 2004...
5-27-2014 Newshound Guru Millionday they are meeting on the budget - hcl -- article 140- and also the formation of the government for Iraq, so a very important week to say the least.
5-27-2014 Newshound Guru Aggiedad77 Article: "Uncertainty as Iraq election results revealed" With the formulating of appeals to the election results the Electoral Commission is not expecting "final final" results until the end of June or early July...it seems that State of Law coalition is working on other Shia blocs to form an alliance...that if they will all come together they believe they have enough to form the new government...while Maliki is busy trying to pull together supporters his opponents are equally busy trying to insure he is unseated as PM. The next few weeks should be very interesting.
5-27-2014 Newshound Guru Shredd [what are you waiting to see happen in the next month? from a banking point of view?] the removal of the zeros project launch, that's more from economic approach...for banking/finance approach...the new isx platform launch...
5-27-2014 Intel Guru TNT Tony No fussing, no fighting. We are now just waiting for time to pass (that's code). It is a timing issue.
5-27-2014 Intel/Newshound Guru Poppy3 THE MONTH OF JUNE IS A DEADLINE MEANING THEY HAVE TO HAVE THE FINANCIAL RESTRUCTURING COMPLETE PRIOR TO THE RELEASE DATE. THIS IS FACT! IT IS OBVIOUS TO GET THERE THEY WILL HAVE A RV PRIOR TO THESE DATES. ...MY SOURCES IN WASHINGTON SAID THE MONTH OF JUNE WOULD BE THE RV MONTH. I STATED THEY WERE IN AGREEMENT TO WAIT TILL THEY KNEW FOR SURE WHO THEY WILL BE DEALING WITH AT THE CBI AND PRIME MINISTER POSITION AND THEY ARE STILL SAYING THE SAME.
5-27-2014 Intel Guru TerryK I WAS REALLY SURPRISED WE DID NOT SEE THE RI OVER THE WEEKEND. MY SOURCES ARE DUMBFOUNDED THIS AM. [I don't think it will happen until the GOI is seated.] I HEARD THAT AS WELL SO ...WITHIN THE NEXT MONTH...BY JUNE 15TH.
5-27-2014 Intel Guru MarkZ [was the ball moved closer to the goal line over the weekend?] It was a FANTASTIC weekend. I was hoping it would move over the line but it alas...It only moved closer. That it moved and moved well though is a great thing. [are we still primed for this month?] This month is still the goal.
5-27-2014 Newshound Guru American Contractor It appears that the new Iraqi dinar currency with the security enhanced banknotes have now been introduced into the Iraqi economy. American Contractor has not seen these banknotes personally, but my sources tell me that there has indeed been some distributed and in circulation. ...I would just like to mention that there are [some] that have said that Prime Minister Nuri Maliki does NOT want to change the Iraq dinar currency. This is bogus, unsubstantiated reporting. In fact, this couldn’t be further from the truth. If it is indeed true that the new currency IS in circulation that would indicate proof that PM Maliki is actually RESPONSIBLE for its release...he is actually all for economic development in Iraq.
5-27-2014 Intel Guru Jester [are you of the persuasion that everything that needed to be done by Iraq has been completed?] HAS BEEN FOR A LONG TIME IN MY OPINION. [Its been quiet all weekend...is this the quiet before the storm or, is it just that nothing is going on?] THERE IS PLENTY GOING ON...JUST HASN'T GOT TO THE STAGE YOU CAN SEE ANYTHING YET... 5-26-2014 Newshound Guru Millionday [Can the CBI, IMF, and/or the GOI stop this change in the value of the currency, for whatever reason?] CBI AND THE IMF CAN. THEY CAN STOP AND NOT MOVE FORWARD AS THEY ARE STATING THEY ARE, BUT WHY WOULD THEY? -- THIS IS GREAT PROGRESS. [post 2 of 2]
5-26-2014 Newshound Guru Millionday THE JULY 1ST DATE IS THE FORMAL ANNOUNCEMENT OF THE NASDAQ OMX...AND IT WILL BE FORMALLY IMPLEMENTED IN JUNE...WHEN A COUNTRY ENTERS THE GLOBE ON THE STOCK MARKET THEY HAVE MANY PRODUCTS AND ONE OF THEM IS THEIR CURRENCY – IT HAS TO BE AT A CALCULATED RATE THAT IS FAIR AS IN COMPLIANT WITH INTERNATIONAL VALUES. [So, will they need the RV by the 1st?] THE FIRST OF JULY TO HIT THE GLOBAL MARKET WOULD MAKE YOU THINK THEY WOULD --- I CANT LOGICALLY THINK OF HOW THEY COULD GO TO THE GLOBAL STOCK MARKET AND NOT HAVE A REALITY RATE... [post 1 of 2....stay tuned]
5-26-2014 Intel Guru Frank26 Lets just say that the present state of our investment has me dancing to a Top Ten Hit...Fleetwood Mac...Don't Stop thinking about Tomorrow...
5-26-2014 Newshound Guru chattels i believe that i am correct in saying that the next Parliament in Iraq will be seated mid - June, but that is not the GOVERNMENT of Iraq, the Government of Iraq is the Prime Minister , etc. ...the Government of Iraq is elected by the Parliament.
5-26-2014 Newshound Guru Stryker In my opinion we will not be seeing currency reform take place until this new seated government is completed... [See the Dinar Guru Master list of Possible Major " To Do's " list in the Dinar Guru Resource Bar on the left...Item #11]
5-26-2014 Newshound Guru Adam Montana [if Maliki is reinstated why do you think anything will be different than the past? Assuming that Maliki's failure to set up a legitimate government is part of the problem with the RV.] Things are definitely changing! We can see that the Kurds are gaining power, the ability for Iraq to delay and not give in to their wants is quickly weakening, and I believe we are picking up steam as a result.
5-26-2014 Newshound Guru chattels ...assuming this Thursday, May 30, we have an end /resolution to election "complaints" and a beginning to a reliable timeline, i.e., ratification /certification of the election results, then we should have the next government of Iraq on or about July 14, 2014. *** NOTE: Ramadan 2014 begins in the evening of Saturday, June 28 and ends in the evening of Monday, July 28. [Am I mistaken or don't they work through Ramadan, Isn't it a holiday where they fast during the day and eat in the night hours?] it is the subject of debate every year...i believe that work and Parliament will continue.
5-26-2014 Newshound Guru Tlar The ISX is planning to go live on a NASDAQ platform before the end of June with Erbil to follow in July. They are going international sometime before the end of June IMO. Another good sign. 5-25-2014 Intel Guru Okie_Oil_Man TODAY IS THE 25TH AND IT IS A DAY I HAVE AND YOU HAVE BEEN WAITING ON FOR YEARS ACCORDING TO SOURCES. TIME WILL PROVE OR REPUDIATE THIS AS FACT OR FICTION. WE ARE VERY ANXIOUS TO SEE IF OUR INFORMATION FINALLY COMES TO FRUITION. I BELIEVE OUR ENDURANCE IS SOON TO BE REWARDED.
5-25-2014 Newshound/Intel Guru BGG I don't see the "whole of" the National Alliance endorsing Maliki. I suspect there will be a "rebuilding " of a new National Alliance - without Maliki. The final solution is a little ways off. None of which HAS to mean there is some kind of "currency stalement"...it is not impossible to imagine the world powers may well do as they want BETWEEN this regime and the seating of the next GOI. If they feel confident they won't have to put up with Maliki's "Gerry Mandering" their processes they may enact the reforms they need to see before anyone else is allowed to come in and take advantage of the situation. Not impossible to believe...
5-25-2014 Newshound Guru Tlar the dead line for the NA to be organized and behind a candidate is June 14th...The NA has still not had a vote now but IMO they will move the process along quickly now and choose a PM candidate that they can take to the floor of the new parliament when it convenes on the 15th of June. My money is still on Chalabi. Maliki is out and he cannot win.
5-25-2014 Newshound/Intel Guru Arthur HANDS ARE BEING PLAYED IN A WAY THAT HAVE MADE IT FINALLY CONDUCIVE FOR THINGS TO POSITIVELY PROGRESS POLITICALLY AND ECONOMICALLY IN IRAQ ON AN UNPRECEDENTED SCALE. THE ECONOMIC AND FINANCE COMMITTEES WITH UN AND IMF ASSISTANCE HAVE DONE EVERYTHING THEY NEED TO DO, AND JUST SHORT OF A SEATED GOVT AND THE BUDGET AND REFORM LAW, THE CBI IS READY TO FINALLY ECONOMICALLY MIRROR IRAQ TO THE GLOBAL COMMUNITY. OF COURSE I RESERVE THE RIGHT TO BE AS DEAD WRONG AS ANYBODY ELSE AS WE ARE DEALING WITH IRAQ, BUT STARTING TOMORROW [SUNDAY] I BELIEVE EVENTS ARE ABOUT TO UNFOLD BETWEEN NOW AND JULY LIKE NEVER, EVER BEFORE. [post 2 of 2]
5-25-2014 Newshound/Intel Guru Arthur AS A REALITY INFORMATION PROVIDER, I ALWAYS ERR ON THE SIDE OF REMAINING GROUNDED OVER HYPE AND FOOLISHNESS. THAT BEING SAID, IT'S OK TO GET AT LEAST SEMI EXCITED WHEN WE HIT THE OCCASIONAL MAJOR WINDOWS THAT COME UP ONCE OR TWICE EACH YEAR. IMO WE ARE IN THE MOTHER OF ALL WINDOWS EVER STARTING FROM...MAY 25TH TO THE BEGINNING OF JULY. WITHOUT GOING INTO A LENGTHY INFORMATIONAL DIATRIBE AS TO WHY I FEEL THIS WAY, I THINK WE ARE CROSSING A MILESTONE IN THIS INVESTMENT WE HAVE NEVER EVER SEEN BEFORE. [post 1 of 2....stay tuned]
5-25-2014 Intel/Newshound Guru Poppy3 I HAVE REASON TO BELIEVE EVEN THE DETAILS OF THE STEPS TO BE TAKEN ARE CLOSELY GUARDED AND LIKE KUWAIT THERE WILL BE MISDIRECTION RUMOR PRIOR TO THE RELEASE AND THERE WILL BE MUCH OF IT FROM DIFFERENT SOURCES. WE ARE NOT SUPPOSED TO HAVE ANY WARNING AND WILL NOT...WE DO HOWEVER HAVE INFORMATION THAT THE RV IS ...WITHIN MALIKI'S DEALS HE IS OFFERING AND IF ANYONE CAN GET IT DONE HE IS THE MAN AS HE HAS PROVEN OVER AND OVER FOR YEARS. IF IT IS GOOD FOR MALIKI THEN IT WILL BE GOOD FOR US... [post 2 of 2]
5-25-2014 Intel/Newshound Guru Poppy3 ...MALIKI IS FIGHTING FOR EVERY VOTE TRYING TO GET THE THIRD TERM AND HE IS PANICKING TO MAKE DEALS WITH ANYONE THAT CAN HELP HIM GET HIS THIRD TERM AND...MANY ARE SAYING ABSOLUTELY NO TO A THIRD TERM. THE RV IS IN HANDS THAT YOU AND I WILL NEVER HEAR ANYTHING FROM AND THE TIMING WILL BE HELD IN THE STRICTEST OF CONFIDENCE TILL THE BUTTON IS PUSHED. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz33OrTnxzi
5-31-2014 Intel Guru Okie_Oil_Man THIS MORNING IT APPEARED THAT WE WERE IN A LESS DESIRABLE PLACE THAN WE ARE NOW. AS THIS DAY HAS PROGRESSED THE ELEMENTS INVOLVED HAS CHANGED RAPIDLY AND ALL FOR THE BETTERMENT OF EACH OF US. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru Dinar Wishes what I am about to tell you is the truth, and nothing but the truth!!! So Help Me God!!! This game of chance we are all apart of is crumbling because certain things needed for every country to be Basil III compliant are not being fulfilled by those in power to make this happen… I know this to be fact…If we do not have the gold to back our currency then we will not see any benefit to the RV in our country…I have personally been involved with those who have, and are trying to help us to be Basil III Compliant and they are intending to pull out the Gold backing…They feel it is the only way to move the process forward …Unfortunately if that does happen then the Dollar will lose all value outside of our country… not all at once but it will be significant…End result no American RV.
5-31-2014 Intel Guru Okie_Oil_Man BECAUSE OF PAST UNFULFILLED PROMISES MADE HIM, LET US HOPE THIS IS HIS PLOY OR PLAN TO FORCE THE ISSUE OF HONORING THE CONTRACTS THAT HAS BEEN RENIGGED ON. IN WORST CASE SCENARIO PLANS HAVE BEEN MADE TO SUBVERT THE USA AND INITIATE THE GCR AND R/V IN ANOTHER COUNTRY. WE WILL STILL RECEIVE OUR FUNDS REGARDLESS OF WHETHER THE UST, THE USA GOV, THE IMF, THE BIS, POTUS, SEC OF TREASURE STILL REMAINS RELUCTANT OF PERMITTING THE PLANNED FINANCIAL OCCURRENCES TO TRANSPIRE. THE TIME FACTOR FOR US AS INDIVIDUAL'S IS THE UNKNOWN QUANITY IN THIS SCENARIO THAT IS PLAYING OUT RIGHT BEFORE OUR EYES PRESENTLY. [post 2 of 2]
5-31-2014 Intel Guru Okie_Oil_Man THE SIGNATORE RESPONSIBLE FOR INITIATION OF THE R/V HAS BEEN FALSELY PATRONIZED IN THE PAST. HE, AS A RESPONSIBLE REPRESENTATIVE HAS WITHDRAWN HIS AUTHORITARIAN POSITION FROM THE AGREED TO CONTRACTS BECAUSE OF FAILURE AND BREACH OF CONTRACT HE HAS BEEN LABORING UNDER FOR QUITE SOME TIME. YES IT IS TRUE HE REPRESENTS THE VAST GOLD BULLION NECESSARY FOR THE FUNDING OF THE GCR AND R/V. [post 1 of 2....stay tuned]
5-31-2014 Newshound/Intel Guru Flashing According to the rumors that I have received everything is excellent for us. The pending items for the release of the rv should be resolved after mid June and then we should see the RV between the last week of June and first of July. These pending items are of political, economic and financial kind.
5-31-2014 Newshound Guru Millionday [do they even NEED a rate for isx or could this go on forever?] they absolutely without a doubt need a reality rate for the isx and the world market. they have stated that is the middle of the year 2014 they are planning to move to a market economy and that requires a reality rate. they have stated that they will be selling [bonds] as well and that they will be on their markets and also a provincial and government tool for funding projects but CBI stated that they would not give out local or federal funds until the budget is passed and that is supposed to be within two days according to the UN. [post 2 of 2]
5-31-2014 Newshound Guru Millionday [can u...explain if the budget has to be passed for the rv to take place...?] no the budget does not have to be passed but i can not tell you if they plan to have it done at the same time they set the rates due the value change that will happen with the redenomination. the UN gave a deadline of the 1st for the in country projects to begin and have ordered that timeline due to the constitution and the needs of the citizens ---- so they are supposed to be in a huge hurry with the budget so they can meet the timeline. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru MarkZ This is a PROCESS that is moving surprisingly well. Not sure if we can still squeeze it in before the end of the month but it is still possible. It could take weeks more at best. [are we reliant on GOI or CBI to take specific action?] yes and no, we just need them to say their lines when it is time which is NO problem at all. They are past ready. [Do you still feel we are very close, such as this weekend?] Very close. This weekend would require an enormous amount being accomplished in short order though. [Whats the word on the VND...?] It looks awesome. I wish I had spent as much on it as I did dinar. [post 2 of 2]
5-31-2014 Intel Guru MarkZ [the...post (Backer of "Global Banking Reset" Pulls Out Over Political Bickering) is smoke IYO?] I will sum it up by saying I am not at all worried. PERIOD. I do not have all my old notes so I may miss a date or a number but here are the basics. The 'Gold treaty' was signed about a year ago by all 188 participating countries. Last March 21st if memory serves me, now all we have been waiting on is it's execution. The best way I can put it and not over step my bounds is to simply say it is NOT relevant to the completion of the event. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru Jester [A post...stated that the main backer of gold for the GCR has backed out?] YOU GUYS KNOW THE TERM SMOKE AND MIRRORS... SO THAT MIGHT BE THE BEST WAY TO DESCRIBE SOME OF WHAT IS GOING ON IN MY OPINION... [Jester could something like that even happen at this stage of the event...?] IT IS POSSIBLE... BUT I AM NOT SO SURE WHY THEY WOULD TRY SOMETHING LIKE THAT... I DO NOT THINK IT IS SOMETHING YOU SHOULD WORRY ABOUT AT THIS TIME...AND THE WORD I HAD LAST NIGHT IS... IT COULD BE 10 MINUTES OR IT COULD BE 10 DAYS... BUT IT IS RIGHT HERE...
5-31-2014 Intel/Newshound Guru Poppy3 (SOURCES)...ARE ALL EXCITED BUT AS I HAVE TRIED TO WARN EVERYONE...THESE HOT RUMORS WILL GET FASTER AND MORE FURIOUS THE CLOSER WE GET. THINGS IN GENERAL ARE AWESOME SOUNDING NEWS BETTER THAN EVER... I SUSPECT WHEN TURKI AND THE FINANCE DIRECTOR FROM PARLIAMENT MADE THE STATEMENTS BACK IN JAN., FEB. THAT THEY WOULD HAVE A INTERNATIONAL TRADABLE CURRENCY BY MID 2014 THEY ALREADY KNEW THE TIMING AND THE PLAN WAS SET INTO MOTION. WE ARE GETTING TO MID YEAR VERY FAST. 5-30-2014 Intel Guru TNT Tony [via Adept1] It was a very hectic day. We started last night – yesterday we were excited and Wednesday, thinking we would have the 800 numbers and everyone would be at the banks this morning…which did not happen. If you hear some negative stuff, some of it might be true, but supposedly things are worked out to our betterment. Contract rates are still there, international rate is still there. They are trying to stretch it out to the first…it went last night up to a point, and once again it was stopped by the same people. Things could still pop up tonight.
5-30-2014 Intel Guru Mnt Goat we are hearing strongly now that the plan by the USA to put Maliki in for a 3rd term has been spoiled. But we will not be certain until the final announcements are made early next week. Seems there are still some “real” politicians left in Iraq and they are fighting with great fortitude so Maliki will never have any part in the Iraq government again. It is taking a bit longer but they are winning the battle...It may take a bit longer for us to get our RV but it will be worth it to see Maliki gone. Remember I said we will not see any RV to just before or just after the announcement of fully formed, stable, functional new government. Dr. Sinan Al-Shabibi an Iraqi economist who served as the governor of the Central Bank of Iraq has also said this many times, as it was part of his currency restructuring plan and still is.
5-30-2014 Intel Guru Frank26 [Guru Delta] is like a little kid right now filled with excitement for the progress he is understanding. He gives me Time Frames, NOT Dates Normally. But the 20th is not an IR day (International Rate) it is the fulfillment of art. 8 We seek. He just wishes Iraq would stop using the same old speed...Neutral. Yet neutral allows the WB [World Bank] and soon some more Powers to PUSH them further into article 8 compliance of IMF. It is not that Iraq is lazy...They just waste so much time arguing. An embarrassing and shameful waste of productive time it is! But even at 2 STEPS forward with 1 STEP backward as their political cadence march...They will eventually get to an IR.
5-30-2014 Newshound Guru wmawhite [does the rate need to be [in] effect before the ISX goes live July 1st?] it appears there are several events on the horizon that must have a true exchange rate in place. [Are they a long way from article 8?] honestly, just like this past week, there are dominoes dropping that we are unaware of until after they hit. there are so many events happening that are happening because the CBI is preparing to change the rate of the IQD. these events have never happen before in this investment. It is truly a great time to be at...the facts indicate that a group of people we do not know will make major changes to the IQD at some point in the future. If it was to be at some distant time, why are they doing what they are doing today? I seriously believe that this could happen at any moment...we have never been to this point before... [post 2 of 2]
5-30-2014 Newshound Guru wmawhite just as the amendment to EO 13303 indicated...the asset of the CBI (the IQD) had prohibitions on it prior to this week. That doesn't change the fact the the IQD is Iraq's currency. However, until this week even if our banks wanted to recognize it they could not. today we can buy and sell the IQD based upon some one value...that is not an international exchange rate determined by the CBI. when a country's exchange rate is determined it is accepted by other countries...that is not the case with Iraq...YET...instead, the IQD is not used in international commerce...instead, anyone can decide what they may buy or sell it for. [So how did the banks deal with dinar 3 years ago. If it had no value?] the IQD was the same has buying a toaster at Wal Mart... they sold the IQD the same as it they were selling silver eagle dollars. [post 1 of 2....stay tuned]
5-30-2014 Intel Guru WILDDUCK IF THAT IS THE CASE THEN LETS ASSUME THAT CL [CHRISTINE LAGARDE] DID HER JOB LAST NIGHT AND IT WILL BE 24 T0 48 HOURS FOR THE GCR TO CALC IN...THEN ARE FINALLY DONE. IMO THERE IS NO DELAY. THIS FITS WITH OLD VIDEO YOU GO TO SLEEP SATURDAY NIGHT AND WAKE UP WITH NEW CURRENCY VALUES. RV THEN GCR, THAT MAKES LOGICAL SENSE AND WE HAVE BEEN TOLD IN THE PAST THAT IS THE WAY IT HAD TO GO...WE ARE IN A GOOD SPOT. [post 2 of 2]
5-30-2014 Intel Guru WILDDUCK THIS IS A PROCESS AND THIS IS WHERE I THINK WE ARE…THE INTEL HAS FLOWN HOT AND HEAVY THE LAST 2 DAYS AND YESTERDAY NOON FOR SURE. LET'S ASSUME FOR A MOMENT THAT RV OCCURRED ON TUESDAY AFTER THE HOLIDAY HERE LATE AFTER NOON AND TOOK 48 HOURS TO PROCESS AND DURING THAT TIME 13303 WAS RESCINDED TO ALLOW FULL WTO MEMBERSHIP AND OTHER THINGS. SO THAT BRINGS US TO LAST NIGHT. LET'S THEN ASSUME THAT YOU HAVE TO HAVE AN RV BEFORE YOU CAN HAVE A GCR. [post 1 of 2....stay tuned]
5-30-2014 Newshound Guru Kaperoni CBI Announcement 5/29/2014 Quote: "Companies can buy dollars directly from the CBI by (cash or transfer)" This is a significant step for the CBI to get in compliance with the IMF...its a good step, now we need to see results. If these money exchangers/currency traders start participating, we should see the Market Rate start to drop soon...1200 or about the magic number. Don't overlook that parliament has not passed any laws nor is their a new GOI formed. But I sure can't wait to see the letter to the IMF from Turki requesting the move from XIV to VIII. [in your opinion does the CBI announcement have any connection to the TIMING of the recent revision of the Presidential EO?] None what so ever, the CBI has been told to liberalize the foreign exchange for two years.
5-30-2014 Newshound Guru Aggiedad77 "Almost a consensus within the National Coalition to exclude al-Maliki for a third term" The opinions are abounding and resounding against considering Maliki for a third term as is evidenced in this article and a consensus taken by the National Coalition...at this point one might start to wonder...where will Maliki's strength and support come from...don't forget that money has a way of talking...and making former lines in the sand disappear.
5-30-2014 Intel Guru EXOGEN CL [Christine LaGarde] et al have accomplished the mission. Banks are projected to show live rates within 48 hours. Algorithms for reset implemented. Cannot be stopped. Numbers are changing on screens. LaGarde has accomplished her mission. Rates projected to show live on Forex- we will be in banks in 24-48 hrs.
5-30-2014 Newshound Guru Stryker The delete zero project started July 1, 2011 when Dr. Shabibi, the then governor of the Central Bank of Iraq, announced that the CBI had all the tools to start the project. More dollarization was implemented to remove dinars from circulation. It has been postponed two times since then but now I believe we are heading to the final stretch. Can there be another delay, sure but signs show that Iraq is ready to move forward. [post 2 of 2]
5-30-2014 Newshound Guru Stryker I believe we are in the final stretch of this adventure of ours and here’s why. Obama releases all Iraqi’s assets back to the Central Bank of Iraq, not the GOI...Executive Order Amendment...This means that the CBI can use these assets, properties, etc. to back their currency since they are in charge of the Monetary System of Iraq. The Central Bank of Iraq’s head man Abdul Basset Turki says that all measures will be in place by middle of the year and he will not hesitate to implement to delete the zeros project as long as the situation politically and economically is right for the country. [post 1 of 2....stay tuned]
5-30-2014 Intel/Newshound Guru Poppy3 ...THIS WAS DONE ASAP. IT HAD EXTREME URGENCY BEHIND IT AND WAS BEING PUSHED BY THE IMF, WORLD BANK AND CBI. WITH THIS BEING SAID...THREE PEOPLE TODAY...TOLD ME THEY ALREADY KNOW WHO THE NEW PM IS GOING TO BE AND THEY ARE PLANNING TO ANNOUNCE THE RV WITHIN THE NEXT FEW DAYS, POSSIBLY WITHIN THE FIRST WEEK OF JUNE, IF THE NEW POSITTIONS ARE ANNOUNCED AS PLANNED. [post 2 of 2]
5-30-2014 Intel/Newshound Guru Poppy3 all new is good news -- THINGS WHERE EXPLAINED TO ME TODAY about the 13303 being extended on the 22nd was decided to happen two weeks prior to the deadline. It was conveyed to Obama and the administration that under the 13303 law as written the banks and the IRAQ CBI would never be admitted to the WTO as FULL MEMBER BECAUSE THE law AS written would prevent all word banks, including the USA banks, from being able to trade with IRAQ and would prevent any DINAR exchanges. Immediately they started writing an amendment to the LAW and when they didn't get it completed in time they then had to extend it until the amendment was complete...at which time Obama signed an executive order to put it immediately into law so the BANKS COULD MOVE FORWARD. IT AUTOMATICALLY GIVES OUR BANKS LEGAL RIGHTS TO NOW EXCHANGE OUR DINAR WHEN THEY ANNOUNCE THE NEW VALUE. [post 1 of 2....stay tuned]
5-30-2014 Intel Guru MarkZ I have been told by a source I firmly respect that CL [Christine Lagarde] has handed it off to be completed and she is not a hindrance. I believe there are many who want to stop it, I do NOT believe that they can now though. [the end of May is wrapping up...Sooooo?] Sooooo I think we are close...I still think we may make it. I did have one government source today saying it may take until the 6th or 7th though...possible we still can make this week. [post 2 of 2]
5-30-2014 Intel Guru MarkZ "We" meaning a lot of intel people have been asked to not be too vocal and to not rock the boat while this thing finishes. That being said I want to reassure you all that the news is good and I do believe we are very close to the finish line. [we've been down this road of "don't rock the boat" about a dozen times so do you believe we are NOT being strung along AGAIN?] This time it is totally different people asking for us to keep every one calm. This time the people I consider to be the 'good guys' are asking. [post 1 of 2....stay tuned] 5-29-2014 Newshound Guru Kaperoni CBI Announcement 5/29/2014
Quote: "Companies can buy dollars directly from the CBI by (cash or transfer)" It looks like after a few months of telling us that money transfer companies were going to be allowed to participate in the auctions, they are now finally going to let that begin. This will IMO reduce the spread and get them in compliance with the IMF. I would guess in short order. Very good news.
5-29-2014 Newshound Guru wmawhite there are two parts to the admended EO 13303...the first part is directed towards the GOI. The second part spells out the lifting of the prohibitions of the CBI.. HUGE News! [does anyone think it will make news or some sort of confirmation that these funds have made it back into iraq?] the CBI has been referring for weeks about these funds already being in their possession.
5-29-2014 Newshound/Intel Guru BGG [what else does Iraq need to do in order to be included into the WTO other then an international currency?] I don't think the WTO matters much to us (other than being a good step towards being included in the world economy)...I have never said the Dinar needs to be or is conditional to WTO entrance.
5-29-2014 Newshound Guru Tlar With all economic indicators that one would use to value a currency today, Iraq could launch their currency even higher than $2.00 but my gut feel is they will be conservative in the beginning for both their safety and the global economies safety choosing to not try to milk the last dollar out of this change. Truth is that is just a guess. Deleting the zeros is an all encompassing statement. Anything 86 cents or above qualifies under this statement. Deleting the zeros (86 cents) may not mean stopping point that I have believed it was, but may be a starting point at a any value greater than 86 cents that Iraq decides to make their currency. Turki said he is ready. Turki said he would do itr today if the government situation were settled... [post 2 of 2]
5-29-2014 Newshound Guru Tlar The Imf will undoubtedly let Iraq use some portion of the oil production to back their currency. This is why I believe Iraq could come out higher than my original estimate for the last couple of years at 86 cents. This is partially why I now believe we could see $1.50 - to $2.00. In 2008 when they did the strategic study that concluded that Iraq could support $1.13 they were producing approx 1.5 mbpd and the reserves were less that 40 billion. In Nov 2009 when the Forex's started to change in Europe showing the dinar at $1.49 all night, the reserves were less than 50 billion. [post 1 of 2....stay tuned]
5-29-2014 Newshound/Intel Guru BGG [Are you confident M is gone?] we already know - just a matter of time till THEY KNOW IT. Maliki is living on borrowed time and doing all he can to s-t-r-e-t-c-h it out.
5-29-2014 Intel Guru DC IMF, UST, UN, bankers...literally just waiting...it is my understanding all are on lockdown again. It was supposed to have been this weekend but the US asked it to be pushed past Memorial day for numerous reasons. It is now being ramped up again. Power players in Iraq are expecting this to go quickly and security is extremely tight right now & on phone black out. UN folks are ready for the actual RV. The DFI funds were released...some segments still under protection but were released. [Are we still on track for the end of the month.] Yes. [Is the dong still in the 1st basket? over 1.00?] Yes, I believe so but don't be surprised if it changes. Everything looks really good and extremely optimistic.
5-29-2014 Newshound/Intel Guru BGG [I think i can wait one more month!] You may not have to - the way the "amended 13303" and revision were worded is very telling... (to me).
5-29-2014 Newshound Guru Millionday I HAVE TO SAY FOR AN EXECUTIVE ORDER TO BE FOR IMMEDIATE RELEASE THAT MEANS SOMETHING FOR SURE TO ME -- THEY ARE MEANING RIGHT NOW.
5-29-2014 Newshound Guru wmawhite OFAC [Office of Foreign Assets Control] acts under Presidential national emergency powers, as well as authority granted by specific legislation, to impose controls on transactions and freeze assets under US jurisdiction. Now it was OFAC that published the amendment to EO 13303. Therefore, the assets of the CBI are no longer under sanctions within the USA. The importance here is that if OFAC prohibits a country, our banks are unable to do business with that country. Now, OFAC is stating that all sanctions are lifted as to the CBI. [so the sanctions being lifted means our banks can now deal with Iraqi dinar?] if a bank chooses to do so. [it seems this was a big issue to overcome to see MR occur for this country? Am I on the right track?] One of the biggest for us to exchange the IQD within the USA.
5-29-2014 Intel Guru TNT Tony Its a great day in Dinarland. I can't tell you why it did not happen but everything good right now. The DFI has been released and if that has been released then you should know what's really going on without going into any depth with it...it's a great reason for us to be excited. There was a little bit of turmoil yesterday, one hell of a roller coaster ride in the last 24 hours but right now we are smooth sailing. Their goal was to try to get to the 1st of June. We were hoping they didn't and we don't know if they are going to or not. We are just biding out time. [Is the contract rate still a possibility?] Absolutely! [Will there still be a walk in street rate, international rate, low and high contract rate?] That's what I heard. We are waiting for more good news...waiting for a shorter window. Let's see what happens. It's not the 1st yet. We don't expect to see the 1st.
5-29-2014 Newshound Guru Millionday the change in the 13303 other than it being not extended it has also lifted all of Iraq`s consequences and moved them forward so that all and i mean all of their money is under their own control and also the debts are as well as with all other countries...this is a new executive order to give iraq all control...huge news and of course this lets us know why the confusion that came with the end of the 13303 -- it was for amendments and for the movement forward for Iraq to the global market obviously.
5-29-2014 Intel Guru Delta [IYO, is it absolutely necessary that a GOI is seated before the RV is released by the CBI?] NO. [From the bottom of your heart, do you really feel we will see our blessing soon?] IMO BEFORE JUNE 14, 15. FOR WASHINGTON TO LIFT THE IMMUNITY AND GIVE IRAQ AND CBI THEIR MONEY IS A STRONG INDICATION THAT IRAQ IS READY TO RV. 5-28-2014 Newshound Guru Adam Montana [What if by some miracle, Maliki gets a third term. Will our hopes for an RV this summer be TOTALLY dashed?] Absolutely not. In fact, the opposite - Maliki has been working, tweaking, solidifying many alliances and "backroom deals" for years now. Maliki is better prepared than any other potential leader to continue moving Iraq forward.
5-28-2014 Newshound Guru wmawhite now we know why EO 13303 was extended on 22 May...because it had to be in place in order for it to be amended yesterday. This amendment was published by OFAC...Office of Foreign Asset Control. OFAC over sees all U.S. banks and regulates who they may do business with. OFAC has just told all U.S. banks that all assets of the CBI are no longer sanctioned by EO 13303. And...what are the CBI assets? Its currency! [Iraq is positioning, getting all their ducks in a row to RV!] you are correct! ...take pleasure in knowing this is a huge step.
5-28-2014 Intel Guru Mnt Goat So we are hearing strongly now that the plan is for Maliki to serve a 3rd term in spite of the overwhelming strong opposition to him. To be prime minister once again we are being told that Maliki must first assist the CBI in completing the revaluation and restructuring of their currency before he becomes official. They have given him a June 6th deadline, the final day set for the judicial system to ratify the election results.The new rate must go international by then. This is the base currency for the global currency reset (GCR). However there is still hope since the final election results are not yet ratified and announced in Iraq. They are still sit at the crossroad and can freely decide what path to take.
5-28-2014 Newshound Guru Adam Montana ...I'm not surprised or upset that there's not much new to report right now! In a nutshell...something could happen today, tomorrow, or next week. I don't have an exact date, and I'm not going to get too excited OR frustrated about any particular minute, hour, day, or week over the next month... but I do like how things are going right now, and I am willing to officially say this: CHANGE IS COMING FOR IRAQ!
5-28-2014 Intel Guru Frank26 [do You think Ramadan will delay the MR (Monetary Reform) to bring forth an IR (International Rate)?] Nope. To waste such valuable MR TIME until then by the GOI would not be murder... It would be suicide.
5-28-2014 Intel/Newshound Guru Poppy3 ALL IS WELL AND APPEARS TO BE MOVING FORWARD IN SPITE OF ALL POLITICAL MANIPULATING. STAND BY FOR GREAT REWARDS.
5-28-2014 Intel Guru Hub iraq is a growing entity, they are doing things to become world leaders...currency revaluation, world leadership...this giant is about to show its head...Iraq is the modern day giant...they are about to blossom and...we are along for the ride...
5-28-2014 Newshound Guru Kaperoni Executive Order: "Ending Immunities Granted To The Development Fund For Iraq And Certain Other Iraqi Property And Interests In Property Pursuant To Executive Order 13303, As Amended" The way I see it, Obama never extended the protection of the DFI on May 19th, he only extended the "national emergency" in regards to Iraq (which never needed extension). This news today confirms the "national emergency" is still in place, yet the funds under the DFI are no longer protected. He is giving them control of their money and it will be up to Iraq to resolve any remaining debt issues or lawsuits will commence. One can make a reasonable assumption that giving them their money (DFI), and the liability that goes with it, as a push to stand up and engage with the world financial system which includes the dinar.
5-28-2014 Newshound Guru Millionday 13303 is ended and the kurds are working with the federal government and they are working to make the budget work and they are listing the article 140 results. they are working on all of it together -- hcl -- budget--reforms, etc. they had to have all projects ready and activated by june 1st -- this week and the beginning of next is very important. [post 2 of 2] [See Dinar Guru Master List of Possible "To Do's" in the Dinar Guru Resource bar on the left]
5-28-2014 Newshound Guru Millionday [The big question is why do you suppose EO 13303 was rescinded today (Tuesday)?] because Iraq made their case as they do not need it -- they have 8 countries left and have made very trusting agreements as to how they will be paid and with how much interest and also with trade agreements -- the US is not needed to protect their monies and they were able to make that point...this is great and the results we wanted to see. [post 1 of 2....stay tuned]
5-28-2014 Newshound Guru Aggiedad77 Article: "A member of the parliamentary finance: Parliament will hold its sessions and the budget will be postponed for the next session" So according to one MP on the Finance Committee...politics continue to get in the way of any effort to approve the 2014 budget...but that should not be much of a surprise to anyone...they will put off the budget discussion until the new government is seated...IMO...this has been a ploy by the Speaker of Parliament from the beginning back in January to postpone this budget as long as possible...yet he seeks to be President of Iraq...he was totally ineffective in leading Parliament. 5-27-2014 Newshound Guru Tlar It is my opinion since the first straw poll that Maliki is finished. There are some out there that will argue this outcome but I think the argument has been resolved with the election results even if they have not been released yet. The opposition has 200-210 MP'S out of a possible 328. IMO Maliki is not going to be around more than another week or two unless he can break the will of the coalition. The coalition has yet to have made its move. Most everything you read about Maliki still has chances are false hopes... it is my belief that the SOL will dump Maliki and it to will support the coalition seeking to agree to a nominee that will be acceptable to all...So hang in everyone. We will see nothing but crap put out by the Maliki supporters IMO for the next two weeks. This has to be played out this way in order to come out right.
5-27-2014 Intel/Newshound Guru Poppy3 EXECUTIVE ORDER: "ENDING IMMUNITIES GRANTED TO THE DEVELOPMENT FUND FOR IRAQ AND CERTAIN OTHER IRAQI PROPERTY AND INTERESTS IN PROPERTY PURSUANT TO EXECUTIVE ORDER 13303" this appears to be great news as we all should remember this DFI fund was set to be released on the 22nd and several countries where demanding they be paid their war retribution funds. IT IS GOING TO BE VERY INTERESTING TO SEE HOW THEY REACT NOW AND WHAT IRAQ PLANS TO DO TO CONTROL THE FUNDS. I AM GETTING EXCITED...WOW GOOD STUFF. GET READY TO CELEBRATE...EXCITING NEWS. THIS THING COULD GO DOWN THIS MONTH YET. TIME WILL TELL. [See Guru BGG's post below]
5-27-2014 Newshound/Intel Guru BGG Just released today… big news: EXECUTIVE ORDER: ENDING IMMUNITIES GRANTED TO THE DEVELOPMENT FUND FOR IRAQ AND CERTAIN OTHER IRAQI PROPERTY AND INTERESTS IN PROPERTY PURSUANT TO EXECUTIVE ORDER 13303, AS AMENDED. I, BARACK OBAMA, President of the United States of America, have determined that the situation that gave rise to the actions taken in Executive Order 13303 of May 22, 2003, to protect the Development Fund for Iraq and certain other property in which the Government of Iraq has an interest has been significantly altered. Recognizing the changed circumstances in Iraq, including the Government of Iraq’s progress in resolving and managing the risk associated with outstanding debts and claims arising from actions of the previous regime, I hereby terminate the prohibitions contained in section 1 of Executive Order 13303 of May 22, 2003, as amended by Executive Order 13364 of November 29, 2004...
5-27-2014 Newshound Guru Millionday they are meeting on the budget - hcl -- article 140- and also the formation of the government for Iraq, so a very important week to say the least.
5-27-2014 Newshound Guru Aggiedad77 Article: "Uncertainty as Iraq election results revealed" With the formulating of appeals to the election results the Electoral Commission is not expecting "final final" results until the end of June or early July...it seems that State of Law coalition is working on other Shia blocs to form an alliance...that if they will all come together they believe they have enough to form the new government...while Maliki is busy trying to pull together supporters his opponents are equally busy trying to insure he is unseated as PM. The next few weeks should be very interesting.
5-27-2014 Newshound Guru Shredd [what are you waiting to see happen in the next month? from a banking point of view?] the removal of the zeros project launch, that's more from economic approach...for banking/finance approach...the new isx platform launch...
5-27-2014 Intel Guru TNT Tony No fussing, no fighting. We are now just waiting for time to pass (that's code). It is a timing issue.
5-27-2014 Intel/Newshound Guru Poppy3 THE MONTH OF JUNE IS A DEADLINE MEANING THEY HAVE TO HAVE THE FINANCIAL RESTRUCTURING COMPLETE PRIOR TO THE RELEASE DATE. THIS IS FACT! IT IS OBVIOUS TO GET THERE THEY WILL HAVE A RV PRIOR TO THESE DATES. ...MY SOURCES IN WASHINGTON SAID THE MONTH OF JUNE WOULD BE THE RV MONTH. I STATED THEY WERE IN AGREEMENT TO WAIT TILL THEY KNEW FOR SURE WHO THEY WILL BE DEALING WITH AT THE CBI AND PRIME MINISTER POSITION AND THEY ARE STILL SAYING THE SAME.
5-27-2014 Intel Guru TerryK I WAS REALLY SURPRISED WE DID NOT SEE THE RI OVER THE WEEKEND. MY SOURCES ARE DUMBFOUNDED THIS AM. [I don't think it will happen until the GOI is seated.] I HEARD THAT AS WELL SO ...WITHIN THE NEXT MONTH...BY JUNE 15TH.
5-27-2014 Intel Guru MarkZ [was the ball moved closer to the goal line over the weekend?] It was a FANTASTIC weekend. I was hoping it would move over the line but it alas...It only moved closer. That it moved and moved well though is a great thing. [are we still primed for this month?] This month is still the goal.
5-27-2014 Newshound Guru American Contractor It appears that the new Iraqi dinar currency with the security enhanced banknotes have now been introduced into the Iraqi economy. American Contractor has not seen these banknotes personally, but my sources tell me that there has indeed been some distributed and in circulation. ...I would just like to mention that there are [some] that have said that Prime Minister Nuri Maliki does NOT want to change the Iraq dinar currency. This is bogus, unsubstantiated reporting. In fact, this couldn’t be further from the truth. If it is indeed true that the new currency IS in circulation that would indicate proof that PM Maliki is actually RESPONSIBLE for its release...he is actually all for economic development in Iraq.
5-27-2014 Intel Guru Jester [are you of the persuasion that everything that needed to be done by Iraq has been completed?] HAS BEEN FOR A LONG TIME IN MY OPINION. [Its been quiet all weekend...is this the quiet before the storm or, is it just that nothing is going on?] THERE IS PLENTY GOING ON...JUST HASN'T GOT TO THE STAGE YOU CAN SEE ANYTHING YET... 5-26-2014 Newshound Guru Millionday [Can the CBI, IMF, and/or the GOI stop this change in the value of the currency, for whatever reason?] CBI AND THE IMF CAN. THEY CAN STOP AND NOT MOVE FORWARD AS THEY ARE STATING THEY ARE, BUT WHY WOULD THEY? -- THIS IS GREAT PROGRESS. [post 2 of 2]
5-26-2014 Newshound Guru Millionday THE JULY 1ST DATE IS THE FORMAL ANNOUNCEMENT OF THE NASDAQ OMX...AND IT WILL BE FORMALLY IMPLEMENTED IN JUNE...WHEN A COUNTRY ENTERS THE GLOBE ON THE STOCK MARKET THEY HAVE MANY PRODUCTS AND ONE OF THEM IS THEIR CURRENCY – IT HAS TO BE AT A CALCULATED RATE THAT IS FAIR AS IN COMPLIANT WITH INTERNATIONAL VALUES. [So, will they need the RV by the 1st?] THE FIRST OF JULY TO HIT THE GLOBAL MARKET WOULD MAKE YOU THINK THEY WOULD --- I CANT LOGICALLY THINK OF HOW THEY COULD GO TO THE GLOBAL STOCK MARKET AND NOT HAVE A REALITY RATE... [post 1 of 2....stay tuned]
5-26-2014 Intel Guru Frank26 Lets just say that the present state of our investment has me dancing to a Top Ten Hit...Fleetwood Mac...Don't Stop thinking about Tomorrow...
5-26-2014 Newshound Guru chattels i believe that i am correct in saying that the next Parliament in Iraq will be seated mid - June, but that is not the GOVERNMENT of Iraq, the Government of Iraq is the Prime Minister , etc. ...the Government of Iraq is elected by the Parliament.
5-26-2014 Newshound Guru Stryker In my opinion we will not be seeing currency reform take place until this new seated government is completed... [See the Dinar Guru Master list of Possible Major " To Do's " list in the Dinar Guru Resource Bar on the left...Item #11]
5-26-2014 Newshound Guru Adam Montana [if Maliki is reinstated why do you think anything will be different than the past? Assuming that Maliki's failure to set up a legitimate government is part of the problem with the RV.] Things are definitely changing! We can see that the Kurds are gaining power, the ability for Iraq to delay and not give in to their wants is quickly weakening, and I believe we are picking up steam as a result.
5-26-2014 Newshound Guru chattels ...assuming this Thursday, May 30, we have an end /resolution to election "complaints" and a beginning to a reliable timeline, i.e., ratification /certification of the election results, then we should have the next government of Iraq on or about July 14, 2014. *** NOTE: Ramadan 2014 begins in the evening of Saturday, June 28 and ends in the evening of Monday, July 28. [Am I mistaken or don't they work through Ramadan, Isn't it a holiday where they fast during the day and eat in the night hours?] it is the subject of debate every year...i believe that work and Parliament will continue.
5-26-2014 Newshound Guru Tlar The ISX is planning to go live on a NASDAQ platform before the end of June with Erbil to follow in July. They are going international sometime before the end of June IMO. Another good sign. 5-25-2014 Intel Guru Okie_Oil_Man TODAY IS THE 25TH AND IT IS A DAY I HAVE AND YOU HAVE BEEN WAITING ON FOR YEARS ACCORDING TO SOURCES. TIME WILL PROVE OR REPUDIATE THIS AS FACT OR FICTION. WE ARE VERY ANXIOUS TO SEE IF OUR INFORMATION FINALLY COMES TO FRUITION. I BELIEVE OUR ENDURANCE IS SOON TO BE REWARDED.
5-25-2014 Newshound/Intel Guru BGG I don't see the "whole of" the National Alliance endorsing Maliki. I suspect there will be a "rebuilding " of a new National Alliance - without Maliki. The final solution is a little ways off. None of which HAS to mean there is some kind of "currency stalement"...it is not impossible to imagine the world powers may well do as they want BETWEEN this regime and the seating of the next GOI. If they feel confident they won't have to put up with Maliki's "Gerry Mandering" their processes they may enact the reforms they need to see before anyone else is allowed to come in and take advantage of the situation. Not impossible to believe...
5-25-2014 Newshound Guru Tlar the dead line for the NA to be organized and behind a candidate is June 14th...The NA has still not had a vote now but IMO they will move the process along quickly now and choose a PM candidate that they can take to the floor of the new parliament when it convenes on the 15th of June. My money is still on Chalabi. Maliki is out and he cannot win.
5-25-2014 Newshound/Intel Guru Arthur HANDS ARE BEING PLAYED IN A WAY THAT HAVE MADE IT FINALLY CONDUCIVE FOR THINGS TO POSITIVELY PROGRESS POLITICALLY AND ECONOMICALLY IN IRAQ ON AN UNPRECEDENTED SCALE. THE ECONOMIC AND FINANCE COMMITTEES WITH UN AND IMF ASSISTANCE HAVE DONE EVERYTHING THEY NEED TO DO, AND JUST SHORT OF A SEATED GOVT AND THE BUDGET AND REFORM LAW, THE CBI IS READY TO FINALLY ECONOMICALLY MIRROR IRAQ TO THE GLOBAL COMMUNITY. OF COURSE I RESERVE THE RIGHT TO BE AS DEAD WRONG AS ANYBODY ELSE AS WE ARE DEALING WITH IRAQ, BUT STARTING TOMORROW [SUNDAY] I BELIEVE EVENTS ARE ABOUT TO UNFOLD BETWEEN NOW AND JULY LIKE NEVER, EVER BEFORE. [post 2 of 2]
5-25-2014 Newshound/Intel Guru Arthur AS A REALITY INFORMATION PROVIDER, I ALWAYS ERR ON THE SIDE OF REMAINING GROUNDED OVER HYPE AND FOOLISHNESS. THAT BEING SAID, IT'S OK TO GET AT LEAST SEMI EXCITED WHEN WE HIT THE OCCASIONAL MAJOR WINDOWS THAT COME UP ONCE OR TWICE EACH YEAR. IMO WE ARE IN THE MOTHER OF ALL WINDOWS EVER STARTING FROM...MAY 25TH TO THE BEGINNING OF JULY. WITHOUT GOING INTO A LENGTHY INFORMATIONAL DIATRIBE AS TO WHY I FEEL THIS WAY, I THINK WE ARE CROSSING A MILESTONE IN THIS INVESTMENT WE HAVE NEVER EVER SEEN BEFORE. [post 1 of 2....stay tuned]
5-25-2014 Intel/Newshound Guru Poppy3 I HAVE REASON TO BELIEVE EVEN THE DETAILS OF THE STEPS TO BE TAKEN ARE CLOSELY GUARDED AND LIKE KUWAIT THERE WILL BE MISDIRECTION RUMOR PRIOR TO THE RELEASE AND THERE WILL BE MUCH OF IT FROM DIFFERENT SOURCES. WE ARE NOT SUPPOSED TO HAVE ANY WARNING AND WILL NOT...WE DO HOWEVER HAVE INFORMATION THAT THE RV IS ...WITHIN MALIKI'S DEALS HE IS OFFERING AND IF ANYONE CAN GET IT DONE HE IS THE MAN AS HE HAS PROVEN OVER AND OVER FOR YEARS. IF IT IS GOOD FOR MALIKI THEN IT WILL BE GOOD FOR US... [post 2 of 2]
5-25-2014 Intel/Newshound Guru Poppy3 ...MALIKI IS FIGHTING FOR EVERY VOTE TRYING TO GET THE THIRD TERM AND HE IS PANICKING TO MAKE DEALS WITH ANYONE THAT CAN HELP HIM GET HIS THIRD TERM AND...MANY ARE SAYING ABSOLUTELY NO TO A THIRD TERM. THE RV IS IN HANDS THAT YOU AND I WILL NEVER HEAR ANYTHING FROM AND THE TIMING WILL BE HELD IN THE STRICTEST OF CONFIDENCE TILL THE BUTTON IS PUSHED. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz33OrTnxzi
5-24-2014 Newshound Guru Millionday "Baghdad Osman Mukhtar source revealed prominent leader in the 'coalition united', on Friday, announced that the 'united bloc' and 'Kurdistan Alliance' have decided to take over the prime minister's refusal outgoing, Nuri al-Maliki, for a third term, and that at a meeting held this morning in the city of Arbil, in Iraqi Kurdistan." a meeting that states they are not allowing maliki to take a thrid term...that Maliki leaving will end the internal problems. this is absolute huge news.
5-24-2014 Intel Guru EXOGEN Live testing now...soon...at all the int'l banks, the US banks testing 100% confirmed. Maliki and Christine leGarde signed off the documents to release the RV yesterday! 100% confirmed. Jack Lew announcement is no longer needed. The plan is to put out misinformation. Maliki is no longer needed/wanted and will be gone.
5-24-2014 Intel Guru Mnt Goat The formal election results are coming out on Monday May 26th, as needed by law. My question now is – On Monday’s news will they show us the final, final coalition that will win or just a repeat of these preliminary results made formal. I think they will announce the winning coalition and tell us how it was formed. I still firmly believe we will not see any dinar revaluation until the new government is fully seated and stable.
5-24-2014 Newshound Guru Millionday Article quote: "...an MP for the Liberal bloc member of the Finance Committee Magda Tamimi Presidency of the Council of Representatives to convene an emergency session early next week to discuss the draft general budget bill." so we have the budget back on the table in an emergency session this coming week --- not a surprise at all but very nice to see it as expected.
5-24-2014 Intel Guru DC SURROUNDING NATIONS WHO HAVE PARTICULAR DEALS WITH IRAQ HAVE BEEN REASSURED HERE IN THE LAST FEW DAYS BY SOME OF THE HIGHEST PEOPLE THAT THIS INDEED WILL GO THROUGH VERY VERY QUICKLY. IN DC THE IMF IS ON MAJOR LOCKDOWN, UST ON MAJOR LOCKDOWN, EVERYBODY IS FULLY PREPARED. BANKS ARE QUEUED UP AGAIN. THIS IS GETTING SERIOUS AGAIN. I THINK WE'RE ON A DAY-TO-DAY BASIS. [post 2 of 2]
5-24-2014 Intel Guru DC CBI AND MALIKI ARE THE ONES WHO HAVE STOPPED IT FOR BASICALLY 3 OF THE PAST 3 or 4 NIGHTS...SAID NO WE'RE IN CHARGE NOW, IT'S OUR COUNTRY, WE'RE GOING TO DO IT ON OUR OWN TIMELINE. THEY WERE WARNED AGAIN IN THE MOSQUES... EVERYTHING LOOKS GOOD AND WE'RE GOING TO BE DOING A MAJOR ANNOUNCEMENT THIS WEEKEND, BE READY. [post 1 of 2....stay tuned]
5-24-2014 Newshound Guru Adam Montana [What are your thoughts on the President signing of the executive order 130333? Does this hurt us or help us...it didn't say how long the extension was for?] The renewal of EO13303 is to be expected pretty much every year until Iraq RVs. So, no surprise or change there.
5-24-2014 Intel Guru TNT Tony EVERYBODY'S PREPARED AND HAPPY. WE ARE HEARING RUMORS OF THINGS THAT ARE GOING ON. THINGS THAT ARE PREDICTED TO HAPPEN OVER THE HOLIDAY WEEKEND...THERE ARE CELEBRATIONS SCHEDULED THROUGHOUT THE WEEKEND AS SOON AS THIS IS FINALIZED, ANNOUNCEMENTS SHOULD BE MADE. THE BANKS JUST WENT BACK STARTING YESTERDAY, PUTTING PEOPLE ON STANDBY, THEY PUT THEIR PEOPLE BACK IN MOTION. WE'RE LOOKING GOOD, FROM NOW TILL TUESDAY MORNING WE'RE EXPECTING SOMETHING TO HAPPEN. EVERYTHING LOOKS LIKE WE'RE THERE THIS TIME.
5-23-2014 Newshound Guru Millionday meetings...with nasdaq and with forex and with the many international markets started years ago --- this step is huge and it is necessary for the entry to a market economy and also for the currency to be internationally recognized. now as far as some thinking it is the actual date for the value change and for the international rates is not necessarily wrong but this is not set in stone. [post 2 of 2]
5-23-2014 Newshound Guru Millionday the work that has been done on the isx to make it ready for the globe is massive and we have read many times things that they are doing to it for preparation. one of the things that we will see in the very near future -- in fact in the month of june will be the activation of the securities act for the isx and the country of Iraq. now what this will do will put into law the stock market laws and make them comply with all of the global stock markets. july 1st is when the platform for global entry is going to be activated for the isx which is different than how it is now because it is an internal market -- within Iraq. the change will be the global market capabilities that will be activated. now of course this is a huge huge market change and huge PROGRESS. [post 1 of 2....stay tuned]
5-23-2014 Newshound Guru Aggiedad77 Article: "Iraqi Kurds Ship Oil Through Region's Own Pipeline" Yes the Kurds have sold a million barrels of their oil through Ceyhan and it is headed to Europe...Baghdad apparently was not in the loop on this deal and it is expected they won't be none too happy about it either...Baghdad has stated in the past that they would withhold the Kurds 17% of the budget if they attempted to sell the oil...well guess what...there still is no budget...could the Kurds be using this sale of oil to their advantage when it comes to the election process...Maliki is still looking for an alliance with someone....could he find it again with the Kurds...if so I think they are smart enough to get more than a handshake or a piece of paper for the deal...the next few days could prove interesting.
5-23-2014 Intel/Newshound Guru Poppy3 HE SUSPECTS THE INTERNATIONAL BONDS THAT ARE NOW BEING BID ON WILL BE ACCEPTED SOON AND THAT THE RV WILL RELEASE VERY SOON AFTER THE NEW PRIME MINISTER AND CBI ENDORSE THE BACKING ON THE BONDS TO SUPPORT THEM? VERY INTERESTING AS I HEARD SIMILAR LAST WEEK FROM ONE OF MY SOURCES BUT THIS IS THE FIRST DUPLICATE CONFIRMATION OF THE SAME INFORMATION --- HANDLE THIS INFORMATION WITH CARE IT IS JUST A RUMOR AT THIS POINT...BUT THIS MAY HAVE MERIT. [post 2 of 2]
5-23-2014 Intel/Newshound Guru Poppy3 received a email...from a former business partner. Didn't even know he had dinar. He has received a RUMOR FROM HIS ACCOUNTANT AND MONEY MANAGER, REMEMBER I SAID THIS IS RUMOR--- NOTHING CONFIRMED, BUT HE SAYS THE GUY HAS ALWAYS BEEN CORRECT. HE WAS TOLD THE INCREASE IN VALUE WILL HAPPEN FOR SURE DURING THE MONTH OF JUNE AND THAT THE WINDOW WILL BE OPEN FROM JUNE 1 TILL THE LAST DAY OF JUNE. (post 1 of 2....stay tuned]
5-23-2014 Intel Guru MarkZ I have become skeptical at best of the reasons they give us for delays. The reality is all the steps weren't complete yet. I know from the inside looking out we are stinking close. I could see it anywhere from this weekend to the 15th. That is very logical.
5-23-2014 Intel Guru WILDDUCK THIS IS NOT ABOUT IRAQ THIS IS ABOUT TRYING TO FIX A SYSTEMIC PROBLEM OF GREED, HUNGER AND STRIFE TO THE BENEFIT OF A FEW, THAT GAME IS NOW OVER. THERE ARE NO ISSUES...THIS WILL LIMP INTO VIEW...AS WELL AS GETTING A PAYDAY. [wanted to know where your window is presently?] SITTING IN IT.
5-23-2014 Intel Guru Bluwolf There are no more excuses or disapproval in the scenario as off this communication. All questions pertaining to this revaluation event, (rates, timing, the players, etc.) nothing has changed and we only await for the US and the UK to stop placing obstacles and excuses or demands in this RV's path. [post 2 of 2]
5-23-2014 Intel Guru Bluwolf As you all already know the original plan states that it would be implemented after a long weekend, reason being in order to allow all worldwide banks to lock and load sufficient monies. According to plan all banks that are to participate need to be basil 3 compliant, this is mandatory and let it be known that by today's standards all are now gold backed. The muscling behind the scenes trying to push this GCR out even with all the sanctions given to nine of the twenty from the original and only basket it has been hard to be dealt with but they are bypassing the issues and all seems imminent to happen at any instant. [post 1 of 2....stay tuned]
5-23-2014 Intel Guru Mnt Goat It is my personal belief we will more than likely not see any revaluation of the IQD or GCR until just before or just after the fully formed functional government is announced to the world. I hearing they are aggressively moving towards the June 14th timeframe in this manner. So this is their plan. We should all feel relieved now in knowing we will in fact be able to exchange soon but on the terms of a factual timeline...
5-23-2014 Intel Guru MarkZ [does your intel think tomorrow or Sat?] I am looking for closer to next week personally. [ it seems like the RV date continues to be a moving target...do you believe will finally see it before Memorial Day?] It will be close but the target isn't capable of moving and dancing like it once was. [ if the rv doesn't happen by june 1, what will that mean?] That they didn't get a clear safe window. It WILL NOT BE A REASON TO PANIC THOUGH. We ALL have to stop getting wrapped up in exact dates. It WILL happen. It SHOULD be very soon. [post 2 of 2]
5-23-2014 Intel Guru MarkZ [will private banks and tier 2 banks have the opportunity to offer the contract rates?] I have been told they will absolutely have the chance. [is there really a chance of an RI w/ the VND...or is that something to much to consider IYO?] There is a chance and honestly a RI would rock. that would make it around 2.21 by my math. IMO. [Do the rates have to show first on the CBI?] no, but I expect them to show there at nearly the same time. [are we still looking and hoping for one basket of currencies to go at the same time?] yes. [ I...wanted to know if the rupiah was going to go at the same time as the IQD and VND or not until later?] yes then. Same basket. [post 1 of 2....stay tuned]
5-23-2014 Intel/Newshound Guru Poppy3 FROM WHAT I AM HEARING MALIKI LOST 40 MORE MEMBERS OF SUPPORT TODAY WITHIN THE SOL. IF TRUE HE CAN'T WIN ENOUGH SEATS PERIOD TO REMAIN PM. TIME WILL TELL. I DON'T THINK IT MATTERS ONE WAY OR THE OTHER AT THIS POINT I THINK THE IMF AND CBI JUST NEED TO KNOW WHO IS GOING TO BE THE PM. [how long before he would be officially out?] THEY STATED THEY WANT TO BE FINAL BY THE 25TH BUT YOU KNOW THEY ARE NEVER ON THE DATE THEY EXPECT AND THAT THEY BROADCAST TO US.
5-23-2014 Newshound Guru Millionday [Do you think that whoever is PM, or if the need for the PM to be in place will effect the timing of the event we are steadfastly waiting for?] no i dont -- i think it has absolutely nothing to do with it at all -- this is political news...with...absolutely no impact on the activation of the economic and monetary policy to be activated in the very near furture.
5-23-2014 Newshound Guru Adam Montana [with all the recent news & announcements it "seems " there is not a whole lot left to complete in order to make a currency adjustment. In your opinion, what is left to do?] Wrap up the elections, finalize HCL, RV the currency. [The terms of the HCL implemented though not passed AKA the Kurds OIL is flowing thru SOMO and Turkey pipelines. What does that say about how close we really are?] I think it says we are REALLY close! Baghdad is watching potential money slip right through it's fingers, and they need to get busy or lose out forever!
5-23-2014 Intel Guru TerryK [when are they saying this is happening... Finally?] ...MAYBE TONIGHT [THURSDAY/FRIDAY]...GET YOUR BAGS READY. THE PEEPS IM GETTING THIS FROM WERE SO EXCITED THEY HUNG UP TWICE ON ME TONIGHT. WELL I JUST GOT A NOTE, SAID ITS GOING TO BE A WONDERFUL NIGHT [THURSDAY/FRIDAY]...THAT'S ALL THEY SAID I CAN SAY, SO TAKE IT FOR WHAT ITS WORTH. NOTHING IS ABLE TO STOP IT ACCORDING TO THIS PEEP.
5-23-2014 Intel Guru MarkZ a short update. 1st: Everything is stellar. 2nd: It may actually be one of the best intel days of this crazy ride so far. 3rd: Okie looks to be close or at least within a few days. [What was Okie's prediction?] May 25th. 4th: BWoods [Betton Woods] ...went exactly as planned. Was it the public breaking point? Yes IMO [what about Zim? In the basket?] I was told today that it still is. [Do you think the VND will be more than .47?] yes. If it isn't I plan on holding on to mine in a MCA [MultiCurrency Account] until it reaches a reasonable level which I THINK will be around 2 which is closer to an RI rate. [are we there yet?] ding dang close... I do believe we are EXTREMELY close to the end.
5-23-2014 Newshound/Intel Guru BGG I don't think...there is a guarantee the Dinar has to be (more than it already is) internationally recognized for the ISX to "go live", JMHO. While this push for "economic liberalization" is a dead give-away - it isn't a "cinch" this HAS to happen at the same time. there's no rule book that says so...will it - probably...is that the "public indicator" - I doubt it. 5-22-2014 Newshound Guru Adam Montana 2. The Kurds are getting very serious and not wasting any time after having gained some political strength. 3. Under the Constitution of Iraq, they now have two scant months to form the government. Again, with Maliki’s current term coming to an end and the Kurds quickly gaining power, it’s in Iraq and Maliki’s best interest to move forward quickly. 4. To that end, we already have evidence that Maliki is indeed moving quickly. Everything I am seeing right now is pointing towards some serious activity, possibly before the end of June. Fingers crossed! [post 2 of 2]
5-22-2014 Newshound Guru Adam Montana I fully expect Maliki to keep his position. Some might think that’s a bad thing, but I don’t. Maliki is the most experienced person for the role and has established relationships with the key players in a potential RV. I’m not saying I like the guy, I’m just saying that it makes some sense to keep him in there. But how is the RV scene looking? Actually, it’s looking pretty good after the last couple weeks! Consider the following: 1. The Kurds picked up a few more seats, giving them more political power. The HCL needs to be finalized in order for an RV to be successful, and now that the Kurds have more “pull”, it’s going to force the rest of Iraq to give in on some things they have been holding out on. [post 1 of 2....stay tuned]
5-22-2014 Newshound Guru Aggiedad77 Article: "Can Maliki Win a Third Term?" Many seem unsure of whether Maliki will actually be able to pull off a third term or not. There are great numbers who do not wish to see this happen. In the meantime there is great posturing going on by Maliki and many others to the end of gaining the majority in Parliament to officially lay claim to the next leaders for Iraq....answers could be weeks or months away it appears.
5-22-2014 Newshound Guru Tlar Because they got 190 MP'S it is numerically impossible for Maliki to win. Maliki could not even win this election even illegally. The right to choose a PM belongs to the NA, not the SOL alone even though the SOL will get first pick. Once that is done the government will be put together quickly starting Jun 15th as everybody will already know who the top positions go to. One last thing...An article came out yesterday that is of great interest and it might lend credence to a July date for the RV. [post 2 of 2]
5-22-2014 Newshound Guru Tlar The elections are over. The coalition got approximately 190 MP'S in parliament. Maliki's party the SOL received 93 MP's. There is a basic miss-understanding in dinarland on what these results mean. There are many that think because Maliki's block got the most votes that he won. He did not. Iraq is a parliamentary system and in order for Maliki to win a third term he must get (one half plus one) meaning 165 MP'S to vote yes for him. Every member of the coalition has made it known that they want a non-sectarian government and NO Maliki as PM. [post 1 of 2....stay tuned]
5-22-2014 Intel Guru hub so to trade, they have to have a currency equal to the value of the countries resources...do i have to mention the yen was a wheelbarrow per gallon of milk, the duech mark was a wheelbarrow full for a loaf of bread , the peson was six bags full for a cold beer...and all have changed...this is coming, can not be stopped, may not be on our time schedule but is coming as it needs to be...we are watching history happen...we are watching the rebirth of iraq and world currencies, this is history...so hang on...we are there. [post 2 of 2]
5-22-2014 Intel Guru hub i think we are in the end times for this occurrence. iraq has had a valuable currency for hundreds of years...1955 = #2.55 per dinar...1990= $3.22, now how can the most valuable country in the world...750000000 barrels of oil known, twice as much gas, gold, diamonds, and iraq is the largest producer of food in the region, have the most worthless currency except for two or three countries ...economics 101 teaches us that they have something the world wants and is willing to pay for it...and then iraq wants f16s and apaches and cadillacs and all the other stuff the world produces...so the currency has to be valued at a world market price. [post 1 of 2....stay tuned]
5-22-2014 Intel Guru EXOGEN The Bretton Woods meeting today put SANTA on HIS WAY! It was NOT a meeting...It was a FIGHT The Fact that he is NOW COMING! Is the BEST NEWS EVER! The Fact that he can NO LONGER be STOPPED from making Deliveries is EVEN BETTER NEWS!
5-22-2014 Newshound Guru Kaperoni Article: "Al-Maliki himself as Prime Minister for a third session, reaching out to the Kurds and Sunnis" [Well, there you have it. Maliki has co-opted the entire nomination process and put himself up for PM. I can't wait to see what the folks in his own party have to say about it.] And so many thought he would just pack and leave town. This even surprises me as he has gone beyond squatting and given himself the title.
5-22-2014 Newshound Guru Millionday CBI has control over the value and the international rates -- it is their job --- CBI can place the value and also the exchange rates.
5-22-2014 Intel Guru DC [via Adept1] I do believe it’s in the IMF’s hands as a coordinator. The UST have given the go signal to the IMF. Maliki has basically been told that if he gets this done he will be PM again, so that’s all very positive. The IMF is in charge of coordination. They have to encourage and keep everyone in line while Maliki does his job. We are pretty much just waiting for the IMF to push the button. I think it’s very, very strong between now and the end of the weekend. I don’t want to give a specific time, because of the ups and downs.
5-22-2014 Intel Guru MarkZ All is good...The news today has been everything from good to bizarre. Nothing seems to have changed though. We look to be right on track and moving along.
5-22-2014 Intel Guru Frank26 WHO IS THERE? CHRISTINE LAGARDE HEAD OF THE IMF WHO HAS BEEN SAYING SOME NICE THINGS ABOUT IRAQ LATELY. WHO ELSE IS THERE? JOHN MCCAIN WHO ONLY ANSWERS TO [BUSH?] SR AND JR AND UNDERSTANDS WHAT THESE TWO FORMER PRESIDENTS ARE DOING. WHO ELSE? OHHHHH...JUST THE FORMER FEDERAL RESERVE CHAIRMAN WHO SERVED UNDER GEORGE W BUSH SR. …PAUL VOLKER WHO BY THE WAY IS ONLY THE AUTHOR OF VOLKER RULE LAW. IS THE BIS THERE? LOL...WATCHING EVERYTHING BECAUSE EVERYONE AT THIS MEETING ONLY ANSWERS TO THE BIS. NOW HERE IS THE BEAUTY TO WHERE WE ARE AT RIGHT NOW. IT IS CALLED...THE TIMING OF IT ALL. [post 2 of 2]
5-22-2014 Intel Guru Frank26 O [Obama] HAS NOTHING TO DO WITH THE MR (Monetary Reform) TO BRING FORTH AN IR (International Rate) ONCE THE CBI HAS FULFILLED ARTICLE 8 COMPLIANCE OF THE IMF. BRETTON WOODS COMMITTEE HAS EVERYONE FROM THE WORLD BANK TO THE IMF REPRESENTED AT THIS MEETING. POWERHOUSES OF THE FINANCIAL WORLD!!! NOW MAY I BEG TO ASK A QUESTION? IS O AT THIS MEETING? NOPE. IS BIDEN. NOPE. IS JACK LEW. NOPE. WHY? BECAUSE THEY HAVE NOTHING TO DO WITH THE MR OF THE IQD. [post 1of 2....stay tuned] 5-21-2014 Newshound Guru Tlar Bad news lately? Guys...the news is what we have been hoping for. Maliki has lost as long as the coalition sticks together. We expect the coalition to hang tight. This is a parliamentary system. He loses unless the coalition breaks. He is trying to pretend he is the big winner in all of this. 190 trumps 95 or 93 or what ever. Maliki can not be PM unless he can get 165. He is finished. No way to be PM. AS LONG AS HE CANT BREAK THE COALITION, ITS OVER.
5-21-2014 Intel Guru TNT Tony Although Maliki’s group won the elections in Iraq, they got 92 points or votes, we are hearing he is or isn’t being the Prime Minister… even though the numbers are in place, they had an agreement that has not been finalized. The agreement is that if M can produce what he said he could produce – the RI and RV – then he gets to remain PM. If not, someone else in his party will be PM. ...we are in a good position...it could be ten minutes from now or ten hours from now. I’m excited! There is a time line, but we will not have a heads up, it will just pop. [post 2 of 2]
5-21-2014 Intel Guru TNT Tony [via Adept1] Everyone has now been told to BE ready, not to GET ready. The IMF is calling the shots, and they want to get this party started. They have told anyone who wants to stop this that is has to be in writing so that they can track it back. It has to be within international law. Everyone has been warned that this has gone on long enough, and if anyone does anything it will be tried under international law. [post 1 of 2....stay tuned]
5-21-2014 Newshound Guru tlm724 Article: "Law on the Protection of Iraqi products No. 11 for the year 2010 (Revised) ~ AMENDED" in a nutshell they are imposing fines for dumping...In economics, "dumping" is a kind of predatory pricing, especially in the context of international trade...! taking control of imports and increasing exports! Getting the tariffs applied too! all needed and getting closer everyday to WTO.
5-21-2014 Newshound Guru Millionday [can they forego Obama's extension of EO 13303?] they can forego the extension and not take advantage of the option -- it is their money and they have control over it so they can choose as far as what i have found in the agreements. i personally cant wait to see if the protection remains or if the funds are transferred...the next few days will be interesting to say the least. [post 2 of 2]
5-21-2014 Newshound Guru Millionday Article quote: "The Ministry of Finance all measures to protect Iraqi funds with the approach of lifting the immunity of the U.S..." this was reported today that all protection will be lifted from the US and that it still will be on the 22nd of this month according to this. they are still negotiating debt settlement as if the protection is ending on the 22nd of this month so very different than some reports coming out of some sources. according to this --- they do not want to wait because of the investment agreements made and the progress they have made -- huge news that they want to move forward as they have planned. [post 1 of 2....stay tuned]
5-21-2014 Intel Guru TerryK ...ONCE THE NEW PM [PRIME MINISTER] TAKES SEAT, NOT M [MALIKI], THEN THE RELEASE WILL COME AND WE WILL HAVE THE RV OR RI. THE DATE WAS GIVEN TODAY AS WE MAY SEE THIS LATE TONIGHT [TUESDAY]... NO LATER THAN JUNE 15TH. TREAT ALL THIS AS RUMOR.
5-21-2014 Intel Guru MarkZ [So in your best "guess", should be we expect this thing to pop on or before May 31?] I am honestly looking for sooner but with that said I am not leaving the day job and will continue to keep grounded and working until I LEAVE the bank a wealthier man. [ (Guru) okie said may 25.] Actually logistically his date makes enormous sense. [does it matter if Maliki is or isn't elected pm?] The original plan was for him to release the rv and then to resign soon after. [So we shouldn't be too concerned about what is happening with the Iraq elections to impact when the RV is done?] no worries with the elections. The biggest thing we have to do now is stay positive but grounded. Optimistic and realistic. [post 2 of 2]
5-21-2014 Intel Guru MarkZ [how long do you think it will take to get the rates to the teller level?] 48 hours after the reset. [48 hours after the reset...when do you see that reset happening?] That is the part I shouldn't answer, I will say if they all row the same direction it could be this week yet. I hope that is comforting but still vague enough. [I heard forex pairing was showing rates. Can you confirm?] It has been but only during off hours, I believe they are testing it. [Whose holding it up iraq or usa?] No one is holding it up now. IMO. [what was the purpose in the open ended extension of EO13303?] It wasn't really open ended. They knew attaching the date would expose the RV timeline. [post 1 of 2....stay tuned]
5-21-2014 Newshound Guru Millionday [is there a particular date that they must have a new sitting Government/Parliament by?] the UN said 15 days -- they seem to be in a huge huge rush so it will not be like last time that i can tell you -- totally different scenario all together. [any ink on Parliament meeting on the budget?] not yet, just that it is after the official results are released which they say happened today. [ I know I've heard June 1 and mid year but don't remember the specifics.] a couple days ago the UN demanded that Iraq have their projects going by june 1st.
Read more: http://www.dinarguru.com/#ixzz32kBHfnHZ
5-24-2014 Intel Guru EXOGEN Live testing now...soon...at all the int'l banks, the US banks testing 100% confirmed. Maliki and Christine leGarde signed off the documents to release the RV yesterday! 100% confirmed. Jack Lew announcement is no longer needed. The plan is to put out misinformation. Maliki is no longer needed/wanted and will be gone.
5-24-2014 Intel Guru Mnt Goat The formal election results are coming out on Monday May 26th, as needed by law. My question now is – On Monday’s news will they show us the final, final coalition that will win or just a repeat of these preliminary results made formal. I think they will announce the winning coalition and tell us how it was formed. I still firmly believe we will not see any dinar revaluation until the new government is fully seated and stable.
5-24-2014 Newshound Guru Millionday Article quote: "...an MP for the Liberal bloc member of the Finance Committee Magda Tamimi Presidency of the Council of Representatives to convene an emergency session early next week to discuss the draft general budget bill." so we have the budget back on the table in an emergency session this coming week --- not a surprise at all but very nice to see it as expected.
5-24-2014 Intel Guru DC SURROUNDING NATIONS WHO HAVE PARTICULAR DEALS WITH IRAQ HAVE BEEN REASSURED HERE IN THE LAST FEW DAYS BY SOME OF THE HIGHEST PEOPLE THAT THIS INDEED WILL GO THROUGH VERY VERY QUICKLY. IN DC THE IMF IS ON MAJOR LOCKDOWN, UST ON MAJOR LOCKDOWN, EVERYBODY IS FULLY PREPARED. BANKS ARE QUEUED UP AGAIN. THIS IS GETTING SERIOUS AGAIN. I THINK WE'RE ON A DAY-TO-DAY BASIS. [post 2 of 2]
5-24-2014 Intel Guru DC CBI AND MALIKI ARE THE ONES WHO HAVE STOPPED IT FOR BASICALLY 3 OF THE PAST 3 or 4 NIGHTS...SAID NO WE'RE IN CHARGE NOW, IT'S OUR COUNTRY, WE'RE GOING TO DO IT ON OUR OWN TIMELINE. THEY WERE WARNED AGAIN IN THE MOSQUES... EVERYTHING LOOKS GOOD AND WE'RE GOING TO BE DOING A MAJOR ANNOUNCEMENT THIS WEEKEND, BE READY. [post 1 of 2....stay tuned]
5-24-2014 Newshound Guru Adam Montana [What are your thoughts on the President signing of the executive order 130333? Does this hurt us or help us...it didn't say how long the extension was for?] The renewal of EO13303 is to be expected pretty much every year until Iraq RVs. So, no surprise or change there.
5-24-2014 Intel Guru TNT Tony EVERYBODY'S PREPARED AND HAPPY. WE ARE HEARING RUMORS OF THINGS THAT ARE GOING ON. THINGS THAT ARE PREDICTED TO HAPPEN OVER THE HOLIDAY WEEKEND...THERE ARE CELEBRATIONS SCHEDULED THROUGHOUT THE WEEKEND AS SOON AS THIS IS FINALIZED, ANNOUNCEMENTS SHOULD BE MADE. THE BANKS JUST WENT BACK STARTING YESTERDAY, PUTTING PEOPLE ON STANDBY, THEY PUT THEIR PEOPLE BACK IN MOTION. WE'RE LOOKING GOOD, FROM NOW TILL TUESDAY MORNING WE'RE EXPECTING SOMETHING TO HAPPEN. EVERYTHING LOOKS LIKE WE'RE THERE THIS TIME.
5-23-2014 Newshound Guru Millionday meetings...with nasdaq and with forex and with the many international markets started years ago --- this step is huge and it is necessary for the entry to a market economy and also for the currency to be internationally recognized. now as far as some thinking it is the actual date for the value change and for the international rates is not necessarily wrong but this is not set in stone. [post 2 of 2]
5-23-2014 Newshound Guru Millionday the work that has been done on the isx to make it ready for the globe is massive and we have read many times things that they are doing to it for preparation. one of the things that we will see in the very near future -- in fact in the month of june will be the activation of the securities act for the isx and the country of Iraq. now what this will do will put into law the stock market laws and make them comply with all of the global stock markets. july 1st is when the platform for global entry is going to be activated for the isx which is different than how it is now because it is an internal market -- within Iraq. the change will be the global market capabilities that will be activated. now of course this is a huge huge market change and huge PROGRESS. [post 1 of 2....stay tuned]
5-23-2014 Newshound Guru Aggiedad77 Article: "Iraqi Kurds Ship Oil Through Region's Own Pipeline" Yes the Kurds have sold a million barrels of their oil through Ceyhan and it is headed to Europe...Baghdad apparently was not in the loop on this deal and it is expected they won't be none too happy about it either...Baghdad has stated in the past that they would withhold the Kurds 17% of the budget if they attempted to sell the oil...well guess what...there still is no budget...could the Kurds be using this sale of oil to their advantage when it comes to the election process...Maliki is still looking for an alliance with someone....could he find it again with the Kurds...if so I think they are smart enough to get more than a handshake or a piece of paper for the deal...the next few days could prove interesting.
5-23-2014 Intel/Newshound Guru Poppy3 HE SUSPECTS THE INTERNATIONAL BONDS THAT ARE NOW BEING BID ON WILL BE ACCEPTED SOON AND THAT THE RV WILL RELEASE VERY SOON AFTER THE NEW PRIME MINISTER AND CBI ENDORSE THE BACKING ON THE BONDS TO SUPPORT THEM? VERY INTERESTING AS I HEARD SIMILAR LAST WEEK FROM ONE OF MY SOURCES BUT THIS IS THE FIRST DUPLICATE CONFIRMATION OF THE SAME INFORMATION --- HANDLE THIS INFORMATION WITH CARE IT IS JUST A RUMOR AT THIS POINT...BUT THIS MAY HAVE MERIT. [post 2 of 2]
5-23-2014 Intel/Newshound Guru Poppy3 received a email...from a former business partner. Didn't even know he had dinar. He has received a RUMOR FROM HIS ACCOUNTANT AND MONEY MANAGER, REMEMBER I SAID THIS IS RUMOR--- NOTHING CONFIRMED, BUT HE SAYS THE GUY HAS ALWAYS BEEN CORRECT. HE WAS TOLD THE INCREASE IN VALUE WILL HAPPEN FOR SURE DURING THE MONTH OF JUNE AND THAT THE WINDOW WILL BE OPEN FROM JUNE 1 TILL THE LAST DAY OF JUNE. (post 1 of 2....stay tuned]
5-23-2014 Intel Guru MarkZ I have become skeptical at best of the reasons they give us for delays. The reality is all the steps weren't complete yet. I know from the inside looking out we are stinking close. I could see it anywhere from this weekend to the 15th. That is very logical.
5-23-2014 Intel Guru WILDDUCK THIS IS NOT ABOUT IRAQ THIS IS ABOUT TRYING TO FIX A SYSTEMIC PROBLEM OF GREED, HUNGER AND STRIFE TO THE BENEFIT OF A FEW, THAT GAME IS NOW OVER. THERE ARE NO ISSUES...THIS WILL LIMP INTO VIEW...AS WELL AS GETTING A PAYDAY. [wanted to know where your window is presently?] SITTING IN IT.
5-23-2014 Intel Guru Bluwolf There are no more excuses or disapproval in the scenario as off this communication. All questions pertaining to this revaluation event, (rates, timing, the players, etc.) nothing has changed and we only await for the US and the UK to stop placing obstacles and excuses or demands in this RV's path. [post 2 of 2]
5-23-2014 Intel Guru Bluwolf As you all already know the original plan states that it would be implemented after a long weekend, reason being in order to allow all worldwide banks to lock and load sufficient monies. According to plan all banks that are to participate need to be basil 3 compliant, this is mandatory and let it be known that by today's standards all are now gold backed. The muscling behind the scenes trying to push this GCR out even with all the sanctions given to nine of the twenty from the original and only basket it has been hard to be dealt with but they are bypassing the issues and all seems imminent to happen at any instant. [post 1 of 2....stay tuned]
5-23-2014 Intel Guru Mnt Goat It is my personal belief we will more than likely not see any revaluation of the IQD or GCR until just before or just after the fully formed functional government is announced to the world. I hearing they are aggressively moving towards the June 14th timeframe in this manner. So this is their plan. We should all feel relieved now in knowing we will in fact be able to exchange soon but on the terms of a factual timeline...
5-23-2014 Intel Guru MarkZ [does your intel think tomorrow or Sat?] I am looking for closer to next week personally. [ it seems like the RV date continues to be a moving target...do you believe will finally see it before Memorial Day?] It will be close but the target isn't capable of moving and dancing like it once was. [ if the rv doesn't happen by june 1, what will that mean?] That they didn't get a clear safe window. It WILL NOT BE A REASON TO PANIC THOUGH. We ALL have to stop getting wrapped up in exact dates. It WILL happen. It SHOULD be very soon. [post 2 of 2]
5-23-2014 Intel Guru MarkZ [will private banks and tier 2 banks have the opportunity to offer the contract rates?] I have been told they will absolutely have the chance. [is there really a chance of an RI w/ the VND...or is that something to much to consider IYO?] There is a chance and honestly a RI would rock. that would make it around 2.21 by my math. IMO. [Do the rates have to show first on the CBI?] no, but I expect them to show there at nearly the same time. [are we still looking and hoping for one basket of currencies to go at the same time?] yes. [ I...wanted to know if the rupiah was going to go at the same time as the IQD and VND or not until later?] yes then. Same basket. [post 1 of 2....stay tuned]
5-23-2014 Intel/Newshound Guru Poppy3 FROM WHAT I AM HEARING MALIKI LOST 40 MORE MEMBERS OF SUPPORT TODAY WITHIN THE SOL. IF TRUE HE CAN'T WIN ENOUGH SEATS PERIOD TO REMAIN PM. TIME WILL TELL. I DON'T THINK IT MATTERS ONE WAY OR THE OTHER AT THIS POINT I THINK THE IMF AND CBI JUST NEED TO KNOW WHO IS GOING TO BE THE PM. [how long before he would be officially out?] THEY STATED THEY WANT TO BE FINAL BY THE 25TH BUT YOU KNOW THEY ARE NEVER ON THE DATE THEY EXPECT AND THAT THEY BROADCAST TO US.
5-23-2014 Newshound Guru Millionday [Do you think that whoever is PM, or if the need for the PM to be in place will effect the timing of the event we are steadfastly waiting for?] no i dont -- i think it has absolutely nothing to do with it at all -- this is political news...with...absolutely no impact on the activation of the economic and monetary policy to be activated in the very near furture.
5-23-2014 Newshound Guru Adam Montana [with all the recent news & announcements it "seems " there is not a whole lot left to complete in order to make a currency adjustment. In your opinion, what is left to do?] Wrap up the elections, finalize HCL, RV the currency. [The terms of the HCL implemented though not passed AKA the Kurds OIL is flowing thru SOMO and Turkey pipelines. What does that say about how close we really are?] I think it says we are REALLY close! Baghdad is watching potential money slip right through it's fingers, and they need to get busy or lose out forever!
5-23-2014 Intel Guru TerryK [when are they saying this is happening... Finally?] ...MAYBE TONIGHT [THURSDAY/FRIDAY]...GET YOUR BAGS READY. THE PEEPS IM GETTING THIS FROM WERE SO EXCITED THEY HUNG UP TWICE ON ME TONIGHT. WELL I JUST GOT A NOTE, SAID ITS GOING TO BE A WONDERFUL NIGHT [THURSDAY/FRIDAY]...THAT'S ALL THEY SAID I CAN SAY, SO TAKE IT FOR WHAT ITS WORTH. NOTHING IS ABLE TO STOP IT ACCORDING TO THIS PEEP.
5-23-2014 Intel Guru MarkZ a short update. 1st: Everything is stellar. 2nd: It may actually be one of the best intel days of this crazy ride so far. 3rd: Okie looks to be close or at least within a few days. [What was Okie's prediction?] May 25th. 4th: BWoods [Betton Woods] ...went exactly as planned. Was it the public breaking point? Yes IMO [what about Zim? In the basket?] I was told today that it still is. [Do you think the VND will be more than .47?] yes. If it isn't I plan on holding on to mine in a MCA [MultiCurrency Account] until it reaches a reasonable level which I THINK will be around 2 which is closer to an RI rate. [are we there yet?] ding dang close... I do believe we are EXTREMELY close to the end.
5-23-2014 Newshound/Intel Guru BGG I don't think...there is a guarantee the Dinar has to be (more than it already is) internationally recognized for the ISX to "go live", JMHO. While this push for "economic liberalization" is a dead give-away - it isn't a "cinch" this HAS to happen at the same time. there's no rule book that says so...will it - probably...is that the "public indicator" - I doubt it. 5-22-2014 Newshound Guru Adam Montana 2. The Kurds are getting very serious and not wasting any time after having gained some political strength. 3. Under the Constitution of Iraq, they now have two scant months to form the government. Again, with Maliki’s current term coming to an end and the Kurds quickly gaining power, it’s in Iraq and Maliki’s best interest to move forward quickly. 4. To that end, we already have evidence that Maliki is indeed moving quickly. Everything I am seeing right now is pointing towards some serious activity, possibly before the end of June. Fingers crossed! [post 2 of 2]
5-22-2014 Newshound Guru Adam Montana I fully expect Maliki to keep his position. Some might think that’s a bad thing, but I don’t. Maliki is the most experienced person for the role and has established relationships with the key players in a potential RV. I’m not saying I like the guy, I’m just saying that it makes some sense to keep him in there. But how is the RV scene looking? Actually, it’s looking pretty good after the last couple weeks! Consider the following: 1. The Kurds picked up a few more seats, giving them more political power. The HCL needs to be finalized in order for an RV to be successful, and now that the Kurds have more “pull”, it’s going to force the rest of Iraq to give in on some things they have been holding out on. [post 1 of 2....stay tuned]
5-22-2014 Newshound Guru Aggiedad77 Article: "Can Maliki Win a Third Term?" Many seem unsure of whether Maliki will actually be able to pull off a third term or not. There are great numbers who do not wish to see this happen. In the meantime there is great posturing going on by Maliki and many others to the end of gaining the majority in Parliament to officially lay claim to the next leaders for Iraq....answers could be weeks or months away it appears.
5-22-2014 Newshound Guru Tlar Because they got 190 MP'S it is numerically impossible for Maliki to win. Maliki could not even win this election even illegally. The right to choose a PM belongs to the NA, not the SOL alone even though the SOL will get first pick. Once that is done the government will be put together quickly starting Jun 15th as everybody will already know who the top positions go to. One last thing...An article came out yesterday that is of great interest and it might lend credence to a July date for the RV. [post 2 of 2]
5-22-2014 Newshound Guru Tlar The elections are over. The coalition got approximately 190 MP'S in parliament. Maliki's party the SOL received 93 MP's. There is a basic miss-understanding in dinarland on what these results mean. There are many that think because Maliki's block got the most votes that he won. He did not. Iraq is a parliamentary system and in order for Maliki to win a third term he must get (one half plus one) meaning 165 MP'S to vote yes for him. Every member of the coalition has made it known that they want a non-sectarian government and NO Maliki as PM. [post 1 of 2....stay tuned]
5-22-2014 Intel Guru hub so to trade, they have to have a currency equal to the value of the countries resources...do i have to mention the yen was a wheelbarrow per gallon of milk, the duech mark was a wheelbarrow full for a loaf of bread , the peson was six bags full for a cold beer...and all have changed...this is coming, can not be stopped, may not be on our time schedule but is coming as it needs to be...we are watching history happen...we are watching the rebirth of iraq and world currencies, this is history...so hang on...we are there. [post 2 of 2]
5-22-2014 Intel Guru hub i think we are in the end times for this occurrence. iraq has had a valuable currency for hundreds of years...1955 = #2.55 per dinar...1990= $3.22, now how can the most valuable country in the world...750000000 barrels of oil known, twice as much gas, gold, diamonds, and iraq is the largest producer of food in the region, have the most worthless currency except for two or three countries ...economics 101 teaches us that they have something the world wants and is willing to pay for it...and then iraq wants f16s and apaches and cadillacs and all the other stuff the world produces...so the currency has to be valued at a world market price. [post 1 of 2....stay tuned]
5-22-2014 Intel Guru EXOGEN The Bretton Woods meeting today put SANTA on HIS WAY! It was NOT a meeting...It was a FIGHT The Fact that he is NOW COMING! Is the BEST NEWS EVER! The Fact that he can NO LONGER be STOPPED from making Deliveries is EVEN BETTER NEWS!
5-22-2014 Newshound Guru Kaperoni Article: "Al-Maliki himself as Prime Minister for a third session, reaching out to the Kurds and Sunnis" [Well, there you have it. Maliki has co-opted the entire nomination process and put himself up for PM. I can't wait to see what the folks in his own party have to say about it.] And so many thought he would just pack and leave town. This even surprises me as he has gone beyond squatting and given himself the title.
5-22-2014 Newshound Guru Millionday CBI has control over the value and the international rates -- it is their job --- CBI can place the value and also the exchange rates.
5-22-2014 Intel Guru DC [via Adept1] I do believe it’s in the IMF’s hands as a coordinator. The UST have given the go signal to the IMF. Maliki has basically been told that if he gets this done he will be PM again, so that’s all very positive. The IMF is in charge of coordination. They have to encourage and keep everyone in line while Maliki does his job. We are pretty much just waiting for the IMF to push the button. I think it’s very, very strong between now and the end of the weekend. I don’t want to give a specific time, because of the ups and downs.
5-22-2014 Intel Guru MarkZ All is good...The news today has been everything from good to bizarre. Nothing seems to have changed though. We look to be right on track and moving along.
5-22-2014 Intel Guru Frank26 WHO IS THERE? CHRISTINE LAGARDE HEAD OF THE IMF WHO HAS BEEN SAYING SOME NICE THINGS ABOUT IRAQ LATELY. WHO ELSE IS THERE? JOHN MCCAIN WHO ONLY ANSWERS TO [BUSH?] SR AND JR AND UNDERSTANDS WHAT THESE TWO FORMER PRESIDENTS ARE DOING. WHO ELSE? OHHHHH...JUST THE FORMER FEDERAL RESERVE CHAIRMAN WHO SERVED UNDER GEORGE W BUSH SR. …PAUL VOLKER WHO BY THE WAY IS ONLY THE AUTHOR OF VOLKER RULE LAW. IS THE BIS THERE? LOL...WATCHING EVERYTHING BECAUSE EVERYONE AT THIS MEETING ONLY ANSWERS TO THE BIS. NOW HERE IS THE BEAUTY TO WHERE WE ARE AT RIGHT NOW. IT IS CALLED...THE TIMING OF IT ALL. [post 2 of 2]
5-22-2014 Intel Guru Frank26 O [Obama] HAS NOTHING TO DO WITH THE MR (Monetary Reform) TO BRING FORTH AN IR (International Rate) ONCE THE CBI HAS FULFILLED ARTICLE 8 COMPLIANCE OF THE IMF. BRETTON WOODS COMMITTEE HAS EVERYONE FROM THE WORLD BANK TO THE IMF REPRESENTED AT THIS MEETING. POWERHOUSES OF THE FINANCIAL WORLD!!! NOW MAY I BEG TO ASK A QUESTION? IS O AT THIS MEETING? NOPE. IS BIDEN. NOPE. IS JACK LEW. NOPE. WHY? BECAUSE THEY HAVE NOTHING TO DO WITH THE MR OF THE IQD. [post 1of 2....stay tuned] 5-21-2014 Newshound Guru Tlar Bad news lately? Guys...the news is what we have been hoping for. Maliki has lost as long as the coalition sticks together. We expect the coalition to hang tight. This is a parliamentary system. He loses unless the coalition breaks. He is trying to pretend he is the big winner in all of this. 190 trumps 95 or 93 or what ever. Maliki can not be PM unless he can get 165. He is finished. No way to be PM. AS LONG AS HE CANT BREAK THE COALITION, ITS OVER.
5-21-2014 Intel Guru TNT Tony Although Maliki’s group won the elections in Iraq, they got 92 points or votes, we are hearing he is or isn’t being the Prime Minister… even though the numbers are in place, they had an agreement that has not been finalized. The agreement is that if M can produce what he said he could produce – the RI and RV – then he gets to remain PM. If not, someone else in his party will be PM. ...we are in a good position...it could be ten minutes from now or ten hours from now. I’m excited! There is a time line, but we will not have a heads up, it will just pop. [post 2 of 2]
5-21-2014 Intel Guru TNT Tony [via Adept1] Everyone has now been told to BE ready, not to GET ready. The IMF is calling the shots, and they want to get this party started. They have told anyone who wants to stop this that is has to be in writing so that they can track it back. It has to be within international law. Everyone has been warned that this has gone on long enough, and if anyone does anything it will be tried under international law. [post 1 of 2....stay tuned]
5-21-2014 Newshound Guru tlm724 Article: "Law on the Protection of Iraqi products No. 11 for the year 2010 (Revised) ~ AMENDED" in a nutshell they are imposing fines for dumping...In economics, "dumping" is a kind of predatory pricing, especially in the context of international trade...! taking control of imports and increasing exports! Getting the tariffs applied too! all needed and getting closer everyday to WTO.
5-21-2014 Newshound Guru Millionday [can they forego Obama's extension of EO 13303?] they can forego the extension and not take advantage of the option -- it is their money and they have control over it so they can choose as far as what i have found in the agreements. i personally cant wait to see if the protection remains or if the funds are transferred...the next few days will be interesting to say the least. [post 2 of 2]
5-21-2014 Newshound Guru Millionday Article quote: "The Ministry of Finance all measures to protect Iraqi funds with the approach of lifting the immunity of the U.S..." this was reported today that all protection will be lifted from the US and that it still will be on the 22nd of this month according to this. they are still negotiating debt settlement as if the protection is ending on the 22nd of this month so very different than some reports coming out of some sources. according to this --- they do not want to wait because of the investment agreements made and the progress they have made -- huge news that they want to move forward as they have planned. [post 1 of 2....stay tuned]
5-21-2014 Intel Guru TerryK ...ONCE THE NEW PM [PRIME MINISTER] TAKES SEAT, NOT M [MALIKI], THEN THE RELEASE WILL COME AND WE WILL HAVE THE RV OR RI. THE DATE WAS GIVEN TODAY AS WE MAY SEE THIS LATE TONIGHT [TUESDAY]... NO LATER THAN JUNE 15TH. TREAT ALL THIS AS RUMOR.
5-21-2014 Intel Guru MarkZ [So in your best "guess", should be we expect this thing to pop on or before May 31?] I am honestly looking for sooner but with that said I am not leaving the day job and will continue to keep grounded and working until I LEAVE the bank a wealthier man. [ (Guru) okie said may 25.] Actually logistically his date makes enormous sense. [does it matter if Maliki is or isn't elected pm?] The original plan was for him to release the rv and then to resign soon after. [So we shouldn't be too concerned about what is happening with the Iraq elections to impact when the RV is done?] no worries with the elections. The biggest thing we have to do now is stay positive but grounded. Optimistic and realistic. [post 2 of 2]
5-21-2014 Intel Guru MarkZ [how long do you think it will take to get the rates to the teller level?] 48 hours after the reset. [48 hours after the reset...when do you see that reset happening?] That is the part I shouldn't answer, I will say if they all row the same direction it could be this week yet. I hope that is comforting but still vague enough. [I heard forex pairing was showing rates. Can you confirm?] It has been but only during off hours, I believe they are testing it. [Whose holding it up iraq or usa?] No one is holding it up now. IMO. [what was the purpose in the open ended extension of EO13303?] It wasn't really open ended. They knew attaching the date would expose the RV timeline. [post 1 of 2....stay tuned]
5-21-2014 Newshound Guru Millionday [is there a particular date that they must have a new sitting Government/Parliament by?] the UN said 15 days -- they seem to be in a huge huge rush so it will not be like last time that i can tell you -- totally different scenario all together. [any ink on Parliament meeting on the budget?] not yet, just that it is after the official results are released which they say happened today. [ I know I've heard June 1 and mid year but don't remember the specifics.] a couple days ago the UN demanded that Iraq have their projects going by june 1st.
Read more: http://www.dinarguru.com/#ixzz32kBHfnHZ
5-20-2014 Intel/Newshound Guru Poppy3 ALL MY SOURCES STILL SAYING IN LIGHT OF THE POLITICAL SITUATION AT THIS TIME MAY CREATE A MILD SLOW DOWN TO FIND OUT WHO THE POWERS THAT WILL BE TO GET SETTLED INTO PLACE BUT IRAQ HAS MOVED FORWARD FAST FOR MONTHS NOW. THEY HAVE NOT DONE ANYTHING INTENTIONALLY TO SLOW THINGS DOWN. THEY ARE CONTINUING TO MOVE FORWARD...OTHER THAN THE RV HAPPENING WHAT COULD BE BETTER THAN THE POSITION WE ARE IN. WE ARE NOT STATUS QUO, WE ARE REACHING OUR GOAL OF RECEIVING WHAT WE INVESTED FOR IN THE FIRST PLACE.
5-20-2014 Intel Guru MarkZ The bond end of this is humming in anticipation for mid week, the banking end of it started quietly preparing for mid week this week. We have news from the sand pile that they are indeed ready to exchange and we have an unconfirmed report that the Kurdistan region started yesterday. We are not 100% sure where we are! We know we are close. Based on what I am seeing this week is not out of the realm of possibilities but a three day weekend would be the logistical homerun, IMO. [do u still think before end of month?] absolutely. Rates in the US have been seen by two of my in bank contacts...
5-20-2014 Newshound/Intel Guru BGG Here's the big news...if you add up various parties whom I believe will make up the "opposition" or partnership government - in the next term... It is - Hakim - 30 seats...Sadr - 31 seats...Allawi - 21 seats...Najafi - 28 seats...Mutlak - 11 seats...KDP - 25 seats and PUK - 19 seats. This deal is OVER. [Well if M is gone, then its gotta be nothing but good stuff.] in the current situation - it is as good as we can hope for - yes.
5-20-2014 Newshound Guru Kaperoni This is anything but over. Maliki will not go away quietly. The failure IMO was not to form a unified bloc prior to the elections to compete with Maliki's SOL bloc. If Hakim, Sadr, Allawi etc. would have done that, they could have had 100 + seats elected and could be standing at the podium today saying they won the most seats and are given the first right to form the GOI. Staying fragmented will be the downfall in the long run. [post 2 of 2]
5-20-2014 Newshound Guru Kaperoni There are a lot of posts being made...stating Maliki is done, Hakim will have the largest bloc and get to choose the next PM, etc. These are false. Yes, the new National Alliance which consists of Hakim, Sadr and Allawi is somewhere between 170-190 seats, they do not get the right to form a government first. Maliki won the most seats and therefore (he claims) is given first chance to build a coalition (and he has wasted little time starting to pick away at that unified alliance) exceeding 165+ to form the government. [post 1 of 2....stay tuned]
5-20-2014 Intel/Newshound Guru Poppy3 PM HAS NOT BEEN NAMED YET AND INFORMATION IS STILL PENDING ON TURKI'S POSITION AND WHO THE PM WILL BE SO THERE IS NO SETBACK TO THE RV AS I CAN SEE ONLY THE FACT THAT THE IMF AND CBI STILL DO NOT KNOW WHOM THEY WILL HAVE TO DEAL WITH WHEN THEY DO PULL THE TRIGGER ON THE RV. [post 2 of 2]
5-20-2014 Intel/Newshound Guru Poppy3 WHILE EVERYONE THOUGHT, MYSELF INCLUDED, THAT THE RV WAS IMMINENT DURING THIS MONTH...AS WE ALL KNOW THINGS CHANGE FAST IN IRAQ... MALIKI HAS PROVEN MANY TIMES HE HAS BEEN A RUTHLESS LEADER...AND HIS SOL STILL GETS THE LARGEST NUMBERS IN VOTES. WHILE THIS WAS NO BIG SURPRISE IT IS A SURPRISE TO ME HE STILL GOT MUCH MORE THAN MOST OF US EXPECTED. NOW WE HAVE TO ALLOW MORE TIME FOR POSITIONING OF THE DIFFERENT BLOC'S TO FORM...I STILL DON'T THINK THIS WILL EFFECT A LONG DELAY OF THE RV. [post 1 of 2....stay tuned]
5-20-2014 Intel Guru Mnt Goat We also know for a fact that behind our backs they are already making billions off the IQD through speculative deals and backroom trading. I firmly believe...we will finally see the completion of the RV only when either there are no more reasons to use the GCR as a negotiating tool (hostage) and/or the back room feasting frenzy off the IQD is stopped. [post 2 of 2]
5-20-2014 Intel Guru Mnt Goat A ticker tape on FOX news ran across the television screens yesterday morning telling the world that the new government of Iraq was formed. Today is Tuesday 5/20 yet there is very little formal news coming out of Iraq on this topic. They are still talking about preliminary results. We are now hearing...that they will not reinstate the currency but will go for a full revaluation and stick to the original plan of the GCR. The fact that Maliki did not get his way with the reinstatement tells us...that he is desperately trying to hold to some form of legitimacy to substantiate his support for a third term. The fact that he did this move and was not successful also tells us the USA no longer supports him and does not want him for a third term...if we do not see the revaluation in the next 14 days we can be assured Maliki is gone and will not be the next prime minister of Iraq. [post 1 of 2....stay tuned]
5-20-2014 Newshound/Intel Guru BGG It appears the President will make the 13303 extension official - but it shouldn't matter that much one way or the other. [So you feel that it will cause this to drag on further because of it?] No. I do not.
5-20-2014 Newshound Guru Stryker Article: "Obama extends the state of national emergency, which related to Iraq for another year" ...Obama extended EO 13303 for another year and a lot of people are taking a very negative outlook on this when they should not be... Iraq needed this protection, we need this protection and more importantly the Governor of the CBI and the watchdog over Iraq's Monetary Policy needed this protection extended. EO 13303 is different than most EO's and that it has a time frame attached and can be lifted when the timing is right. Chin up folks...it is not the time to be jumping ship IMO. We are closer than we have ever been in seeing economic reform take place in Iraq. Political and Economic Security and we are off to the races, so to speak...
5-20-2014 Newshound Guru Tlar Hakim will also get to nominate a PM as will Sadr. These nominees will then face a secret ballot in which only the heads of the blocks will vote on. The coalition passed the test when Iran backed off. They are sticking together and as long as they do, it will go down as expected following a plan that began at least 6 months prior to this election, which included the halting of the budget to make sure Maliki was a looser. [post 2 of 2]
5-20-2014 Newshound Guru Tlar This is a parliamentary system. Maliki most likely will not even be the nominee select from the SOL...even if the SOL were...which they themselves have said they will not do, he would not win the vote...nominating rules for the NA were recently changed and backroom deals have been made...it makes no matter who the SOL nominates as PM, that decision I am absolutely positive has already been made. [post 1 of 2....stay tuned]
5-20-2014 Intel Guru Jester [DFI funds, big deal or not?] PROBABLY NOT...IT WAS PREVIOUSLY SET UP FOR A SPECIFIC REASON... DOES NOT HAVE MUCH TO DO WITH ANY RV IN MY OPINION.
5-20-2014 Newshound Guru Millionday the order 13303 will be extended...it shall be extended for one year. [ I thought they already moved the money to other banks...will this effect us?] they have announced that they have moved the money or at least parts of it as the amounts were not assured -- and no this will not effect us -- it will effect Iraq though and allow the protection to continue so that debtors will not be getting the money before Iraq is prepared to pay it...it is a benefit for Iraq to have their currency set at a reality rate before they pay debtors. [can Iraq activate the reality rate with 13303 in effect?] yes, they can release their reality rate with it in effect (13303)...
5-20-2014 Intel/Newshound Guru Poppy3 IT WILL TAKE SOME TIME NOW TO SEE WHAT EFFECT THIS WILL HAVE GOOD OR BAD. THERE WAS A PAYMENT TO THE MEMBERS OF THE PARIS GROUP BUT NONE OF THE OTHER COUNTRIES THEY OWE RECEIVED ZERO AND THAT'S WHY THE MET A FEW WEEKS AGO FOR A WHOLE WEEK AND DEMANDED THEY BE PAID IMMEDIATELY NOT LATER. I DO KNOW THAT VN WAS NOT REPORTED AS MEMBERS OF THE PARIS GROUP AND THEY ARE OWED MUCH AND DID TAKE LOTS OF DINAR AND THEY FORGAVE $$$$$ IN THAT EXCHANGE. [post 2 of 2]
5-20-2014 Intel/Newshound Guru Poppy3 Letter to the Congress -- Continuation of the National Emergency with Respect to the Stabilization of Iraq: "...the national emergency with respect to the stabilization of Iraq that was declared in Executive Order 13303 of May 22, 2003, is to continue in effect beyond May 22, 2014." ...I TOLD YOU BEGINNING TWO WEEKS AGO IF THEY DIDN'T RELEASE THE RV PRIOR TO THAT DEADLINE OF THE 22ND THEN ALL THESE OTHER COUNTRIES THEY OWE WAR RETRIBUTION WILL SUE AND TAKE ALL THAT MONEY. ALL THESE COUNTRIES ARE STILL DEMANDING THE RV SO THEY CAN EXCHANGE THE AMOUNTS THEY TOOK AFTER FORGIVING AS MUCH AS 60% OF WHAT THEY WHERE OWED AND TOOK DINAR IN PLACE . [post 1 of 2....stay tuned] 5-19-2014 Intel Guru TNT Tony People have been trying to get them not to do the RI. The problem with the RI is everything would have to be completely redone. Everybody was upset yesterday, they made modifications over the weekend and supposedly all is agreeable and ready to go. Now hearing they went back on the air and are now saying the RV is going to happen. [Will the contract rates still be available?] Potentially still available, yes. [Do you have confirmation of the rates live in Kurdistan (reference Guru EXOGEN's post 5-18-14)?] Yes, I have it from Kurdistan from the highest levels of government, and we have the entire payout scale. They are happy and bragging they did it before Baghdad. We know of 7 countries saying it is live on their screens now, but not pushed to teller's screens. There no reason for it not to be tonight or tomorrow until they create another reason...we are in great position.
5-19-2014 Newshound Guru Stryker EO 13303 HAS BEEN EXTENDED.
5-19-2014 Newshound Guru Millionday Article quote: "The results from the election commission showed Maliki's State of Law alliance garnered 92 out of 328 parliamentary seats, with the incumbent himself winning more than 721,000 personal votes." according to this Maliki got 92 out of 328 but did not win over majority... the election results are done...that news in itself is very important because -- after the results are in, the emergency meeting of the budget begins as we were told, so we would hope that is so and will happen.
5-19-2014 Intel Guru Bluwolf So we are back to a possible rv using a long weekend coming in order to load up the banks again. Southwest on high alerts again. I have read some stories pertaining to delays of weeks and even years...this delay topic just isn't true. Sections or countries elsewhere are getting on with there exchange movements and this issue alone is forcing pressure on the person in charge here in the U.S. to set date on this Global Currency Reset. All 204 countries will come into actions soon. Iraq will officially announce the real results of there elections in the gazette, once all this transpires it shall be freed from the American gasp and it will rule like a free and renew nation. With this I will say to all our revaluation is here, look for it from this point to three weeks time for it shouldn't go pass that time frame.
5-19-2014 Newshound Guru Kaperoni Article: "Iraq: PM's Group Is Biggest Election Winner" Associated Press Quote: "A coalition led by Iraq's Shiite prime minister has emerged as the biggest winner in the country's first parliamentary elections since the U.S. military withdrawal in 2011, electoral officials said Monday, as the embattled premier is seeking a third term in office despite political turmoil and rising violence. The results boost Nouri al-Maliki's chances for a new term..." The official results announced today are about spot on (give or take a few seats). Maliki will be relevant in the negotiations for the next PM...
5-19-2014 Intel Guru Okie_Oil_Man ...DARN JOURNEY HAS BEEN FRAUGHT WITH TWIST, TURNS, MIS-INFORMATION AND CHANGES IN THE PROPER PROTOCOLS AND PROCEDURES ORIGINALLY PLANNED FOR. I AM STILL CONFIDENT IN MY TIMING PROJECTION POSTED LAST WEEK,----I HAVEN'T BEEN INFORMED OTHERWISE. IF AND WHEN ANYTHING CHANGES I SHOULD KNOW ABOUT IT AND WILL GLADLY KEEP YOU INFORMED OF ANY CHANGES. [reference Okie's post 5-16-2014]
5-19-2014 Intel Guru WILDDUCK [I have to leave in 9 minutes...Do you have any words of wisdom you can impart before then?] TAKE YOUR TRACK SHOES WITH YOU...READ BETWEEN THE LINES.
5-19-2014 Newshound Guru Aggiedad77 Article: "Specialists expect Iraq to renew the request from Washington to protect Iraqi funds abroad" There has been much available to read about "alleged" actions of the Iraqi's in preparation of the May 22 date when their funds will no longer be protected by the US. Most of what has been read wants us to believe that the Iraqi's will take care of their own funds after the 22nd. Well now we hear from a member of the Finance Committee that is making noise that today Iraq will seek to have the US extend that protection. Talk about waiting to the last minute...but then again this is Iraq. The final decision will lie in the hands of the Finance Ministry and the COM.
5-19-2014 Newshound/Intel Guru BGG The "LARGEST BLOC" (formed post election) has the right to form the next government AND name the next PM...there is no guarantee this will be Maliki. There will be a lot of up and down in the news today - relax and let it play out. Maliki got a lot more seats than was being reported - there will be inquiries. However, if the opposition against him is as reported he will still have a very tough time...90 seats or no 90 seats.
5-19-2014 Intel Guru TNT Tony LOT'S OF CONFUSION NOW. Being pulled in both directions. Digging for the truth.
5-19-2014 Newshound Guru Tlar We are less than 30 days from a new, democratic government to be seated and less than 45 days to July 1st. There will be a non-sectarian government for the first time since the fall of Saddam if it comes as advertised. Kurdistan has been virtually shut down selling its oil until this month and it is expected they will quickly get to 400 thousand bpd if the political problems are resolved. If they can resolve the HCL and this new government shows a willingness to do so, Iraq will be shipping oil through their new northern pipeline to Turkey and south to Basra through the Iraqi pipelines. When the new government is seated there will most likely be a euphoric first month when Iraqi's are celebrating and IMO that would be a great time to initiate the project, around July 1st. [post 3 of 3]
5-19-2014 Newshound Guru Tlar IMO the CBI's last word still stands, "sometime on or around mid-year" they plan to delete the zeros or sooner if the government is settled before then. This is the first time Turki has ever publicly made a statement that included a possible date. He has made bold statements since January saying the CBI is independent and that they alone will decide the timing of this project. I have been a large proponent through the years saying delete the zeros means an 86 cent dinar. It is now my belief we may be looking at a price somewhat higher. I believe we could see a value from $1.00 to somewhere in the $1.50 range. If they want to they can certainly support a higher rate. [post 2 of 3....stay tuned]
5-19-2014 Newshound Guru Tlar Maliki is finished. There are certain articles that continue to appear that he has a chance but even those are beginning to wain. Numerically the odds are totally against him. The voting results will be either announced Monday or Tuesday. They will be official. It is rumored that the 2 million ballots he stole were passed out to the military giving 2 million soldiers 2 ballots each with which to vote for Maliki. It is also reported that Maliki sent emmissaries illegally to trade plots of Iraqi land for votes, and money in country and overseas to buy votes in Iraq and from Iraqi's all over the world. He could not overcome the coalition even breaking the law. [post 1 of 3....stay tuned]
5-19-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" ... according to the IMF guidelines, any member country planning to demonetize notes or transition to another currency they must honor it for a period of 12 months. 5-18-2014 Newshound Guru tlm724 Article: "Mr. Aref Tayfur calls for the next House of Representatives to amend the Constitution so as to ensure the establishment of a confederation in Iraq" first thing on the agenda and whats awesome is this will bring to a close the erbil agreement, article 140 and should resolve the oil and gas law!
5-18-2014 Newshound Guru Millionday [your ink sounded like Maliki is in...we read today sounded like he is out...what is your Opinion please?] the report i have is showing that the party has the most votes but the representatives do not want him to be the prime minister...his party has the right to put another person in as the representative of their winning party...they seem to not want him in.
5-18-2014 Newshound Guru tlm724 Article quote: "The Iraqi Ministry of Finance announced the intention of the Iraqi government not to claim the United States to protect Iraqi funds deposited in foreign banks..." the risk has been minimized, Iraq has fast forwarded their debt negotiations and they want their money back and feel more confident in handling it too.
5-18-2014 Intel Guru EXOGEN Rates are 100% confirmed LIVE in Kurdistan right now.
5-18-2014 Newshound/Intel Guru BGG ...you may or may not like or agree with what [Guru] Kaperoni has to say...when he's talking about NO RV - he's talking about no high number out of the gate. we all agree - if it starts low - it won't be long before it does get to a "reality rate" (as in - QUICK). so my question is... WHO CARES?? just get it started. [reference Kaperoni's posts 5-16/17-2014]
5-18-2014 Newshound Guru Millionday Article quote: "The UN representative stressed that all development programs will be run, from the beginning of next month inside Iraq, not from abroad, confirming that the organization will open a big branch office in Basra by the end of this month..." this is the UN stating that they have to begin all their projects in country on the first of June -- so we know they have to be ready with budget done to comply to that order. [if no budget by 1 June could they use DFI funds to pay for projects and programs?] no they have to have the budget money distributed by CBI and ...Turki has stated that no money will be released without the budget in place. [post 2 of 2]
5-18-2014 Newshound Guru Millionday Article quote: "Mohammad Mehdi - MP for the coalition of citizen Furat al-Shara said on Saturday that "the survival of one month from the age of parliament are considered long enough to pass the budget." so as we see -- the timeline has been long enough for the budget and they have called a 3 day special seccion to get it voted through -- according to this the president of parliament is calling the meeting -- it doesnt state when. [post 1 of 2....stay tuned]
5-18-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" [if the reason they are producing new notes is to curb "counterfeiting", what's to stop them from declaring all the old notes "counterfeit" thereby screwing us all?] There is a whole bunch...articles on how the currency will not expire. Here is a quote.."the banknotes current will continue trading with the new will not be pulling rolling them now or in the future." Keep in mind this is a countries currency were talking about not some photocopied play money. The CBI takes monetary policy very serious and so does the IMF. Countries that are emerging with huge economic potential don't play monetary games.
5-18-2014 Intel Guru Freeway Bill I looked back in my volumes of posts that I have read or been sent over the past several years and it is amazing how many times we were "THERE" "IT IS OVER" "NOTHING CAN STOP IT NOW" "GOOD MORNING RICH PEOPLE" etc. Does it bother me that we have been fed so much for so long? NO! Actually, what you all don't realize is that we HAVE been in a credible position for this to happen on certain dates only to have something come up that kept it from happening...All of this is not a bad thing because it kept you investors "in the game" and kept you grounded and with hope of the absolute fact that this will happen, just we don't know when.
5-18-2014 Newshound Guru Millionday with the announcement that they want the laws for isx which is the gut of the market economy to be activated -- it seems they are working toward the movement to a market economy as they have stated. 5-17-2014 Newshound Guru Tlar I think Maliki has made a deal for he and his list but the international charges supersede the iraqi authority not to prosecute -- meaning -- no matter if the new iraqi government made a deal the international court can still prosecute him. He will get it anyway. Maliki may spend the rest of his days in jail with his son.
5-17-2014 Newshound Guru Kaperoni Election results are leaking...looks like Maliki and SOL got somewhere from 91-94 seats. So we can begin to make a few assessments. Maliki made himself relevant in this next GOI... remaining seats are about 190 spread out over 10 -15 smaller blocks. it is possible with the current results to omit him, but unlikely which forces a longer drawn out process because we all know what Maliki is about. I think many thought he was gone but with those numbers, he is relevant. there is no term limits in the "very weak" constitution. Maliki uses that to his advantage
5-17-2014 Intel Guru TNT Tony It looks like a SUPERFANTASTIC weekend just might be here. Let's be ready so we don't have to get ready. Nothing but good news so far.
5-17-2014 Newshound Guru Enorrste We may therefore dispense with the idea that this man is recommending an RV of any kind at all. Instead, he is backing the CBI plan entirely, but adding that at some point in the future, when the economic activity in Iraq is more broadly based, and only after the dinar has reached its “real value,” should a switch in “backing” be made from the dollar to a basket of currencies. The implication here is that the move toward tying the dinar to a basket of currencies is years away (after the float generates the required broad-based economic activity to “support” the “real value” of the dinar. [post 2 of 2]
5-17-2014 Newshound Guru Enorrste Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" In my opinion this article is discussing how to tie the dinar into the world economy after it finds equilibrium rather than as a means to create an artificial value...the economist is stating that one of the best solutions to solving the low value of the dinar, and to bring it to a “real value,” is to float it against “the diversity of the reserve with the Central Bank.” It is this float that “will make us deal” with the true value of the dinar...he specifically states that before moving to a basket of currencies the dinar must be allowed to float based on “all economic activities” rather than just on an economy based on oil production. [post 1 of 2....stay tuned]
5-17-2014 Newshound/Intel Guru BGG Looks like they will announce the election results early...more articles coming out about this today. I wonder if this isn't why Maliki bailed out on the trip to China.
5-17-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" ...our translator has stated, this was a absolute necessity as most of the currency in circulation was worn out. In order for the monetary policy in Iraq to succeed, including the auctions, the citizens have to want and use the currency of Iraq. The translator felt this was nothing more than a necessary replacement..that being said..we can take some "cues" from this which IMO confirms there is no overnight RV but a more gradual appreciation over time as the IMF says. It also seems to confirm no such redenomination would ever occur, since if they were planning a redenomination, they would simply have done it at this replacement. Time will tell..let it come to us!
5-17-2014 Newshound Guru Millionday Article quotes: "A cude oil pipeline between Northern Iraq and Turkey was completed late last year, and oil has since been pumped through it into storage tanks at Turkey's Mediterranean port of Ceyhan. Exports from Ceyhan, however, were on hold to give diplomacy a chance to solve a dispute back then between Baghdad and Arbil over the sale of Kurdish oil to international markets. On Tuesday, he [Iraqi Deputy Prime Minister for energy Hussain al-Shahristani] said that the sale of the Kurdish crude oil has now begun..." wow...this is huge huge news...they are going to sell it globally through the holdings in Turkey...so this is obviously huge progress and has global market all over it -- very good progress. 5-16-2014 Newshound Guru Kaperoni [How did the Kuwait dinar raise and could that happen to [Iraq] dinar the same way? Didn't their dinar raise like over 3 bucks in one fell swoop?] I believe the Kuwaiti RV stories are...BS. Not to mention completely different animals. Iraq was almost wiped off the map and everything has to be rebuilt from the ground up.
5-16-2014 Intel Guru Okie_Oil_Man WITH THE VAST AMOUNTS OF TRADING INTER-BANK AND FOREX WITH NUMEROUS CURRENCIES IT IS A STRONG INDICATOR OF FORTHCOMING EVENTS. WITH P.O.#13303 EXPIRATION DATE OF 5-22-14 TO COMPLY WITH OUR OPPORTUNITY, IT WOULD FOLLOW THE 21ST OR THE 22ND OF MAY WOULD BE AN EXCELLENT TIME FOR THE R/V TO OCCUR...CLARIFICATION--THE R/V CAN OCCUR ANYTIME UP UNTIL THAT DATE.
5-16-2014 Intel Guru TNT Tony Just got a text saying it went live in Germany after the banks closed. We know the new rates. We know they were at $3.71, then we heard they want to go out at $3.23 and go up from there. DC’s guy got offered $3.78 at a particular bank in another country, and that was this morning. The contract rates are still there for us. They say the VNN Is over two dollars at this point. We have received that intel from several sources. I’m going to be positive and say we’re on our way. Be ready! [post 2 of 2]
5-16-2014 Intel Guru TNT Tony [viaAdept1] They asked Maliki to do some things. He was grandstanding but did send the last few things to parliament, and it was turned over to CBI yesterday. We thought the IMF would take over from there and get it going, but they have handed it over to the CBI who is now coordinating how this is getting out. There have been reports in different countries, and in the US, some banks actually had it live at the teller level. We know that yesterday it was trading on forex on a whole different level – they were excited at the sheer level of trading that occurred yesterday. [post 1 of 2....stay tuned]
5-16-2014 Newshound Guru Millionday [you think HCL is done?] we had a report in here about two or three months ago that said it was done and on the shelf waiting for funding and the progress for it to be activated -- they also stated the amnesty was done in that same report...
5-16-2014 Intel Guru DC There have been announcements in Iraq but there have been too many in the past, and people want them to stop talking and get it done. They announced in the mosques that they were opening the banks at 6 to allow folks to do some exchanges and for lower denominations to get out. That has been successful, although it is stopped for the date because it’s late there. One friend did exchange himself in Baghdad, and others have reported currency at a higher rate. I think things look phenomenally good. They have so much that points to the fact that this thing is right upon us and expected to go down now. [Are all the currencies we’ve been hearing about in the first basket?] I understand all the currencies are back in the first basket now. [post 2 of 2]
5-16-2014 Intel Guru DC [via Adept1] The US finally agreed to accept the rate after a LOT of back and forth. It was put back in Iraq’s hands. CBI and Maliki wanted to do some last minute announcements, and they did some grandstanding that took up most of yesterday. Now, today, live rates have been popping up through the world since yesterday morning, even down to the teller screens in different parts of the world. They have been turning on and off all afternoon and evening. Through this morning, we have had folks checking in many different countries, and some have seen the rates at the CBI, at the bank level, and occasionally at the teller level. [post 1of 2....stay tuned]
5-16-2014 Newshound Guru Aggiedad77 Article: "Maliki back from his visit to China and sends Shahristani instead of him and his office: the decision was made to use the time to form a government" Interesting twist on things within the State Law coalition today...Maliki won't be making the trip to China after all...Deputy PM of Energy, Shahristani, will be going in his place...citing that Maliki's plate is too full right now with the political agenda regarding the new government and how things will pan out for him...Maliki apparently sees the need to be in town for the election outcomes and obvious posturing that will take place after that...or...is his jet sitting on the tarmac warming up for a quick getaway.
5-16-2014 Intel Guru Frank26 NO ONE knows the date, IMO...Not even the CBI knows yet. IMO, The IMF guards this info like Godzilla protecting her nest of eggs. IMO...When the IMF says the CBI has earned the right via article 8 compliance to receive an IR...It will be given at the last fractions of a nano second.
5-16-2014 Newshound Guru Kaperoni Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" Banks are in the business to make money, not give it out. For a currency to appreciate there must be an upside to the bank...which is the commission. The CBI is the manager of sorts for the dinar. Once they move to a float, the CBI's roll will change from in country currency daily auctions, to using those monetary tools to control the pace of the dinar appreciation buying/selling blocks of currency to control the liquidity in the global market. That is their job. That is what they are learning to do now under Article XIV. It make no sense to RV the Iraqi dinar and circumvent that responsibility. Nor will they.
5-16-2014 Intel Guru EXOGEN Forex waiting now live rates watching. Waiting!!! All is superfantastic. Right now the banks are in HIGH ALERT TONIGHT [Friday]!!
5-16-2014 Intel/Newshound Guru Poppy3 THERE IS NOW STRONG WORDS THAT MALIKI IS OUT AND MANY ARE MANEUVERING TO POSITION FOR A GREATER IRAQ WITH NEW LEADERSHIP. I JUST HOPE THEY MAKE BETTER CHOICES THIS TIME THAN BEFORE...
5-16-2014 Newshound Guru Kaperoni ...IMF Article IV Consultation [does] not mention any adjustment, RV prior to moving to a more flexible exchange rate policy. It is very clear that the dinar will simply move from the current policy (currency board) to a new Exchange Regime (some kind of float under Article VIII). This change does not involve a rate change first. Once they do so, the dinar will begin to rise based on Iraq's economic progress, oil production and effects of supply and demand. Those expecting an overnight event are mistaken. [post 2 of 2]
5-16-2014 Newshound Guru Kaperoni Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" People don't understand there is no benefit for Iraq to RV the dinar. A gradual appreciation from 1166 is very profitable for Iraq as the dinar rises, the CBI buys/sells controlling the pace as a monetary tool receiving commissions just like they do now with the currency auctions. What incentive would the CBI have to RV and pass up that financial opportunity? None. [post 1 of 2....stay tuned] 5-15-2014 Newshound/Intel Guru BGG Looks like the new Dinars are in circulation now...a little bit. [The lower denoms?] only 250's and 500's that I can see...Not Lower Denoms...which is interesting they would reprint these in a more secure fashion and not all the others as well...they look exactly like the current notes - but with a little circle under the top left arabic numeral (embossed) for ease of identification...and the signature is different than before - reportedly Turki's.
5-15-2015 Newshound Guru Millionday some think that the dinar will float but what they fail to say or at least i would hope they are meaning to say is that it will be set at a rate first -- it will not float from 1166 --- that would be economic suicide and impossible for trade at a rate that is not a reality rate...in my opinion it will not float at first and will be put to a float after they change the calculations they are discussing here -- the SDR and how it is calculated...but the calculation does not come out to $1 -- by my opinion -- it comes out closer to what Kuwait has but it has not been released yet. this is great great news...IT MEANS WE ARE CLOSE ENOUGH TO BE TALKING ABOUT THE CALCULATION OF THE IQD. [post 2 of 2]
5-15-2015 Newshound Guru Millionday Report quote: "Says economist Faraj Saad Allah of the best solutions to address the low value Aldenarabraghi against other currencies is the diversity of the reserve with the Central Bank «reasoned that it« will make us deal with the exchange rate of the dinar according to the real value of it." they are talking about in the near future changing the way that calulation is done...but there is not enough time to make this change or anything like it before the reality value is set for the dinar... [post 1 of 2....stay tuned]
5-15-2014 Intel Guru Frank26 IMO: Once the IR is given to the CBI via the IMF...It can be hidden for a short time. But...Once the CBI presents it to the intern GOI...It will be visible via the CBI website.
5-15-2014 Newshound Guru Millionday Report quote: "Hashemi reflected the role of the free zones to attract investment companies through the signing of agreements and conclude contracts with the countries of the region..." SO WOW -- the signing of free zones in the Anbar area shows that maybe there has been some calming in the area and of course that some Iraqis tonight are excited that their jobs are about to begin and be more plentiful... they signed three contracts today for them.
5-15-2014 Newshound Guru Adam Montana [what would you say could be the next 2-3 issues of MAJOR importance that could come together that pushes us closer to our collective goal?] Everything that Kurdistan appears to be doing is PERFECT for us. I'm watching closely at this time. [Who won the election? Did they pass the budget? Where does the HCL stand? The currency auctions decreased for a few days then sky rocketed. What is going on there?] Election results won't be available in full for some time yet. Budget is in process, HCL is moving forward, and I don't pay attention to the auctions. (Until the rate changes, I don't think it's a reliable indicator of anything.)
5-15-2014 Intel/Newshound Guru Poppy3 RECEIVED WHAT MAY BE THE FIRST SLAM AGAINST MALIKI SINCE THE ELECTIONS AND I HAVE HEARD THAT SOME LEADERS HAVE ALREADY SAID MALIKI LOST VERY BAD AND WILL NEVER BE PM AGAIN. THEN WE GET THIS NEXT POST: "Iraq News Network - International Criminal Court decided to refer the Iraqi Prime Minister Nuri al-Maliki, a group of senior aides to court...the Court now has complete files crimes committed by al-Maliki and his aides..." SOUNDS LIKE THE WORST HE HAD EXPECTED IS STARTING TO HAPPEN. THIS SOUNDS VERY BAD FOR MALIKI AND VERY GOOD FOR ALL OF US.
5-15-2014 Intel Guru MarkZ We are actually much closer on this than we have been in months. [Then we are truly in a good spot.] I DO BELIEVE THAT IS THE TRUTH...
5-15-2014 Newshound/Intel Guru BGG [So how long does it take to count ballots in Iraq?] official results announced on the 25th.
5-15-2014 Intel Guru Jester [any new news today?] THE WORD I GET IS "CLOSE"... AND I BELIEVE THEY THINK THIS IS THE CASE... AND I HAVE NO REASON TO BELIEVE THEY ARE NOT CORRECT... WE ARE SEEING THE END OF THINGS IF EVERYTHING WILL GO THE WAY IT IS SUPPOSED TO...
5-15-2014 Intel/Newshound Guru Poppy3 I ASSURE YOU IF THE DFI FUNDS ARE RELEASED THEY WILL BE CLAIMED BY THESE COUNTRIES. THERE ARE MANY COUNTRIES THAT WHERE NOT PART OF THE PARIS AGREEMENT BUT THEY HAD ALSO FORGAVE CERTAIN %'S OF THEIR DEBT AND ACCEPTED DINAR FOR THE BALANCE TO BE PAID UPON THE RV OF THAT DINAR. THEY ARE WAITING AND HAVE BEEN JUST LIKE WE HAVE BEEN. THIS IS THE VERY REASON THE DFI FUNDS HAVE NOT BEEN RELEASED BEFORE AND WHY THEY WHERE PLACED UNDER THE PROTECTION FOR ALL THESE YEARS. [post 2 of 2]
5-15-2014 Intel/Newshound Guru Poppy3 [if their funds are no longer protected by the USA...can they be sued?] THEY WILL BE SUED BY THE COUNTRIES THAT THEY OWE THAT WERE NOT PART OF THE PARIS AGREEMENT. FROM A VALUED SOURCE FROM WASHINGTON...THESE COUNTRIES MET IN WASHINGTON THREE WEEKS AGO WITH THE IMF AND REPS FROM THE CBI STATING THEY WANT THEIR MONEY NOW (REVALUED). THESE COUNTRIES GOT PISSED WHEN THE PARIS GROUP WHERE PAID 90 BILLION A FEW WEEKS AGO AND THEY WHERE NOT PAID ANYTHING. THEY HAVE DEMANDED IN WRITING I AM TOLD THAT THEY BE PAID NOW, NOT LATER. [post 1 of 2....stay tuned]
5-15-2014 Newshound Guru Millionday Report Quote: "The Ministry of Finance, said on Wednesday that it would not seek renewal of American protection to Iraqi funds deposited in their banks, to assume the CBI liability management after coming out of Chapter VII of the Charter of the United Nations..." this reports gives us alot of info -- first that the coverage of funds will not be extended. Iraq wants the globe to have confidence in the country and their ability to maintain their own funds understandably. they are going to have international banking...and no one is concerned with the accounts they have with their control being given to Iraq.
5-15-2014 Intel Guru MarkZ Most government contacts went dead silent yesterday. The news of the evening is rates showing on closed forex screens around the globe. I believe they are testing them. If I were the person pulling the trigger I would pull it on a Friday afternoon. [is the VND still expected to be a higher rate than .20.] I believe so and IMO yes. [So do you really think that this will happen this time without people trying to block it again?] I do believe it will happen this time. The timing may not be exactly what we want but I am certain we are winding down quickly now. I am still hopeful that the next few days will bring us home. I honestly feel like we have passed the point of no return now...FINALLY!!!!
5-15-2014 Newshound Guru Millionday Report Quote: "The Ministry of Finance , said on Wednesday that it would not seek renewal of American protection to Iraqi funds deposited in their banks , to assume the CBI liability management after coming out of Chapter VII of the Charter of the United Nations..." this reports gives us alot of info -- first that the coverage of funds will not be extended. Iraq wants the globe to have confidence in the country and their ability to maintain their own funds understandably.
5-20-2014 Intel Guru MarkZ The bond end of this is humming in anticipation for mid week, the banking end of it started quietly preparing for mid week this week. We have news from the sand pile that they are indeed ready to exchange and we have an unconfirmed report that the Kurdistan region started yesterday. We are not 100% sure where we are! We know we are close. Based on what I am seeing this week is not out of the realm of possibilities but a three day weekend would be the logistical homerun, IMO. [do u still think before end of month?] absolutely. Rates in the US have been seen by two of my in bank contacts...
5-20-2014 Newshound/Intel Guru BGG Here's the big news...if you add up various parties whom I believe will make up the "opposition" or partnership government - in the next term... It is - Hakim - 30 seats...Sadr - 31 seats...Allawi - 21 seats...Najafi - 28 seats...Mutlak - 11 seats...KDP - 25 seats and PUK - 19 seats. This deal is OVER. [Well if M is gone, then its gotta be nothing but good stuff.] in the current situation - it is as good as we can hope for - yes.
5-20-2014 Newshound Guru Kaperoni This is anything but over. Maliki will not go away quietly. The failure IMO was not to form a unified bloc prior to the elections to compete with Maliki's SOL bloc. If Hakim, Sadr, Allawi etc. would have done that, they could have had 100 + seats elected and could be standing at the podium today saying they won the most seats and are given the first right to form the GOI. Staying fragmented will be the downfall in the long run. [post 2 of 2]
5-20-2014 Newshound Guru Kaperoni There are a lot of posts being made...stating Maliki is done, Hakim will have the largest bloc and get to choose the next PM, etc. These are false. Yes, the new National Alliance which consists of Hakim, Sadr and Allawi is somewhere between 170-190 seats, they do not get the right to form a government first. Maliki won the most seats and therefore (he claims) is given first chance to build a coalition (and he has wasted little time starting to pick away at that unified alliance) exceeding 165+ to form the government. [post 1 of 2....stay tuned]
5-20-2014 Intel/Newshound Guru Poppy3 PM HAS NOT BEEN NAMED YET AND INFORMATION IS STILL PENDING ON TURKI'S POSITION AND WHO THE PM WILL BE SO THERE IS NO SETBACK TO THE RV AS I CAN SEE ONLY THE FACT THAT THE IMF AND CBI STILL DO NOT KNOW WHOM THEY WILL HAVE TO DEAL WITH WHEN THEY DO PULL THE TRIGGER ON THE RV. [post 2 of 2]
5-20-2014 Intel/Newshound Guru Poppy3 WHILE EVERYONE THOUGHT, MYSELF INCLUDED, THAT THE RV WAS IMMINENT DURING THIS MONTH...AS WE ALL KNOW THINGS CHANGE FAST IN IRAQ... MALIKI HAS PROVEN MANY TIMES HE HAS BEEN A RUTHLESS LEADER...AND HIS SOL STILL GETS THE LARGEST NUMBERS IN VOTES. WHILE THIS WAS NO BIG SURPRISE IT IS A SURPRISE TO ME HE STILL GOT MUCH MORE THAN MOST OF US EXPECTED. NOW WE HAVE TO ALLOW MORE TIME FOR POSITIONING OF THE DIFFERENT BLOC'S TO FORM...I STILL DON'T THINK THIS WILL EFFECT A LONG DELAY OF THE RV. [post 1 of 2....stay tuned]
5-20-2014 Intel Guru Mnt Goat We also know for a fact that behind our backs they are already making billions off the IQD through speculative deals and backroom trading. I firmly believe...we will finally see the completion of the RV only when either there are no more reasons to use the GCR as a negotiating tool (hostage) and/or the back room feasting frenzy off the IQD is stopped. [post 2 of 2]
5-20-2014 Intel Guru Mnt Goat A ticker tape on FOX news ran across the television screens yesterday morning telling the world that the new government of Iraq was formed. Today is Tuesday 5/20 yet there is very little formal news coming out of Iraq on this topic. They are still talking about preliminary results. We are now hearing...that they will not reinstate the currency but will go for a full revaluation and stick to the original plan of the GCR. The fact that Maliki did not get his way with the reinstatement tells us...that he is desperately trying to hold to some form of legitimacy to substantiate his support for a third term. The fact that he did this move and was not successful also tells us the USA no longer supports him and does not want him for a third term...if we do not see the revaluation in the next 14 days we can be assured Maliki is gone and will not be the next prime minister of Iraq. [post 1 of 2....stay tuned]
5-20-2014 Newshound/Intel Guru BGG It appears the President will make the 13303 extension official - but it shouldn't matter that much one way or the other. [So you feel that it will cause this to drag on further because of it?] No. I do not.
5-20-2014 Newshound Guru Stryker Article: "Obama extends the state of national emergency, which related to Iraq for another year" ...Obama extended EO 13303 for another year and a lot of people are taking a very negative outlook on this when they should not be... Iraq needed this protection, we need this protection and more importantly the Governor of the CBI and the watchdog over Iraq's Monetary Policy needed this protection extended. EO 13303 is different than most EO's and that it has a time frame attached and can be lifted when the timing is right. Chin up folks...it is not the time to be jumping ship IMO. We are closer than we have ever been in seeing economic reform take place in Iraq. Political and Economic Security and we are off to the races, so to speak...
5-20-2014 Newshound Guru Tlar Hakim will also get to nominate a PM as will Sadr. These nominees will then face a secret ballot in which only the heads of the blocks will vote on. The coalition passed the test when Iran backed off. They are sticking together and as long as they do, it will go down as expected following a plan that began at least 6 months prior to this election, which included the halting of the budget to make sure Maliki was a looser. [post 2 of 2]
5-20-2014 Newshound Guru Tlar This is a parliamentary system. Maliki most likely will not even be the nominee select from the SOL...even if the SOL were...which they themselves have said they will not do, he would not win the vote...nominating rules for the NA were recently changed and backroom deals have been made...it makes no matter who the SOL nominates as PM, that decision I am absolutely positive has already been made. [post 1 of 2....stay tuned]
5-20-2014 Intel Guru Jester [DFI funds, big deal or not?] PROBABLY NOT...IT WAS PREVIOUSLY SET UP FOR A SPECIFIC REASON... DOES NOT HAVE MUCH TO DO WITH ANY RV IN MY OPINION.
5-20-2014 Newshound Guru Millionday the order 13303 will be extended...it shall be extended for one year. [ I thought they already moved the money to other banks...will this effect us?] they have announced that they have moved the money or at least parts of it as the amounts were not assured -- and no this will not effect us -- it will effect Iraq though and allow the protection to continue so that debtors will not be getting the money before Iraq is prepared to pay it...it is a benefit for Iraq to have their currency set at a reality rate before they pay debtors. [can Iraq activate the reality rate with 13303 in effect?] yes, they can release their reality rate with it in effect (13303)...
5-20-2014 Intel/Newshound Guru Poppy3 IT WILL TAKE SOME TIME NOW TO SEE WHAT EFFECT THIS WILL HAVE GOOD OR BAD. THERE WAS A PAYMENT TO THE MEMBERS OF THE PARIS GROUP BUT NONE OF THE OTHER COUNTRIES THEY OWE RECEIVED ZERO AND THAT'S WHY THE MET A FEW WEEKS AGO FOR A WHOLE WEEK AND DEMANDED THEY BE PAID IMMEDIATELY NOT LATER. I DO KNOW THAT VN WAS NOT REPORTED AS MEMBERS OF THE PARIS GROUP AND THEY ARE OWED MUCH AND DID TAKE LOTS OF DINAR AND THEY FORGAVE $$$$$ IN THAT EXCHANGE. [post 2 of 2]
5-20-2014 Intel/Newshound Guru Poppy3 Letter to the Congress -- Continuation of the National Emergency with Respect to the Stabilization of Iraq: "...the national emergency with respect to the stabilization of Iraq that was declared in Executive Order 13303 of May 22, 2003, is to continue in effect beyond May 22, 2014." ...I TOLD YOU BEGINNING TWO WEEKS AGO IF THEY DIDN'T RELEASE THE RV PRIOR TO THAT DEADLINE OF THE 22ND THEN ALL THESE OTHER COUNTRIES THEY OWE WAR RETRIBUTION WILL SUE AND TAKE ALL THAT MONEY. ALL THESE COUNTRIES ARE STILL DEMANDING THE RV SO THEY CAN EXCHANGE THE AMOUNTS THEY TOOK AFTER FORGIVING AS MUCH AS 60% OF WHAT THEY WHERE OWED AND TOOK DINAR IN PLACE . [post 1 of 2....stay tuned] 5-19-2014 Intel Guru TNT Tony People have been trying to get them not to do the RI. The problem with the RI is everything would have to be completely redone. Everybody was upset yesterday, they made modifications over the weekend and supposedly all is agreeable and ready to go. Now hearing they went back on the air and are now saying the RV is going to happen. [Will the contract rates still be available?] Potentially still available, yes. [Do you have confirmation of the rates live in Kurdistan (reference Guru EXOGEN's post 5-18-14)?] Yes, I have it from Kurdistan from the highest levels of government, and we have the entire payout scale. They are happy and bragging they did it before Baghdad. We know of 7 countries saying it is live on their screens now, but not pushed to teller's screens. There no reason for it not to be tonight or tomorrow until they create another reason...we are in great position.
5-19-2014 Newshound Guru Stryker EO 13303 HAS BEEN EXTENDED.
5-19-2014 Newshound Guru Millionday Article quote: "The results from the election commission showed Maliki's State of Law alliance garnered 92 out of 328 parliamentary seats, with the incumbent himself winning more than 721,000 personal votes." according to this Maliki got 92 out of 328 but did not win over majority... the election results are done...that news in itself is very important because -- after the results are in, the emergency meeting of the budget begins as we were told, so we would hope that is so and will happen.
5-19-2014 Intel Guru Bluwolf So we are back to a possible rv using a long weekend coming in order to load up the banks again. Southwest on high alerts again. I have read some stories pertaining to delays of weeks and even years...this delay topic just isn't true. Sections or countries elsewhere are getting on with there exchange movements and this issue alone is forcing pressure on the person in charge here in the U.S. to set date on this Global Currency Reset. All 204 countries will come into actions soon. Iraq will officially announce the real results of there elections in the gazette, once all this transpires it shall be freed from the American gasp and it will rule like a free and renew nation. With this I will say to all our revaluation is here, look for it from this point to three weeks time for it shouldn't go pass that time frame.
5-19-2014 Newshound Guru Kaperoni Article: "Iraq: PM's Group Is Biggest Election Winner" Associated Press Quote: "A coalition led by Iraq's Shiite prime minister has emerged as the biggest winner in the country's first parliamentary elections since the U.S. military withdrawal in 2011, electoral officials said Monday, as the embattled premier is seeking a third term in office despite political turmoil and rising violence. The results boost Nouri al-Maliki's chances for a new term..." The official results announced today are about spot on (give or take a few seats). Maliki will be relevant in the negotiations for the next PM...
5-19-2014 Intel Guru Okie_Oil_Man ...DARN JOURNEY HAS BEEN FRAUGHT WITH TWIST, TURNS, MIS-INFORMATION AND CHANGES IN THE PROPER PROTOCOLS AND PROCEDURES ORIGINALLY PLANNED FOR. I AM STILL CONFIDENT IN MY TIMING PROJECTION POSTED LAST WEEK,----I HAVEN'T BEEN INFORMED OTHERWISE. IF AND WHEN ANYTHING CHANGES I SHOULD KNOW ABOUT IT AND WILL GLADLY KEEP YOU INFORMED OF ANY CHANGES. [reference Okie's post 5-16-2014]
5-19-2014 Intel Guru WILDDUCK [I have to leave in 9 minutes...Do you have any words of wisdom you can impart before then?] TAKE YOUR TRACK SHOES WITH YOU...READ BETWEEN THE LINES.
5-19-2014 Newshound Guru Aggiedad77 Article: "Specialists expect Iraq to renew the request from Washington to protect Iraqi funds abroad" There has been much available to read about "alleged" actions of the Iraqi's in preparation of the May 22 date when their funds will no longer be protected by the US. Most of what has been read wants us to believe that the Iraqi's will take care of their own funds after the 22nd. Well now we hear from a member of the Finance Committee that is making noise that today Iraq will seek to have the US extend that protection. Talk about waiting to the last minute...but then again this is Iraq. The final decision will lie in the hands of the Finance Ministry and the COM.
5-19-2014 Newshound/Intel Guru BGG The "LARGEST BLOC" (formed post election) has the right to form the next government AND name the next PM...there is no guarantee this will be Maliki. There will be a lot of up and down in the news today - relax and let it play out. Maliki got a lot more seats than was being reported - there will be inquiries. However, if the opposition against him is as reported he will still have a very tough time...90 seats or no 90 seats.
5-19-2014 Intel Guru TNT Tony LOT'S OF CONFUSION NOW. Being pulled in both directions. Digging for the truth.
5-19-2014 Newshound Guru Tlar We are less than 30 days from a new, democratic government to be seated and less than 45 days to July 1st. There will be a non-sectarian government for the first time since the fall of Saddam if it comes as advertised. Kurdistan has been virtually shut down selling its oil until this month and it is expected they will quickly get to 400 thousand bpd if the political problems are resolved. If they can resolve the HCL and this new government shows a willingness to do so, Iraq will be shipping oil through their new northern pipeline to Turkey and south to Basra through the Iraqi pipelines. When the new government is seated there will most likely be a euphoric first month when Iraqi's are celebrating and IMO that would be a great time to initiate the project, around July 1st. [post 3 of 3]
5-19-2014 Newshound Guru Tlar IMO the CBI's last word still stands, "sometime on or around mid-year" they plan to delete the zeros or sooner if the government is settled before then. This is the first time Turki has ever publicly made a statement that included a possible date. He has made bold statements since January saying the CBI is independent and that they alone will decide the timing of this project. I have been a large proponent through the years saying delete the zeros means an 86 cent dinar. It is now my belief we may be looking at a price somewhat higher. I believe we could see a value from $1.00 to somewhere in the $1.50 range. If they want to they can certainly support a higher rate. [post 2 of 3....stay tuned]
5-19-2014 Newshound Guru Tlar Maliki is finished. There are certain articles that continue to appear that he has a chance but even those are beginning to wain. Numerically the odds are totally against him. The voting results will be either announced Monday or Tuesday. They will be official. It is rumored that the 2 million ballots he stole were passed out to the military giving 2 million soldiers 2 ballots each with which to vote for Maliki. It is also reported that Maliki sent emmissaries illegally to trade plots of Iraqi land for votes, and money in country and overseas to buy votes in Iraq and from Iraqi's all over the world. He could not overcome the coalition even breaking the law. [post 1 of 3....stay tuned]
5-19-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" ... according to the IMF guidelines, any member country planning to demonetize notes or transition to another currency they must honor it for a period of 12 months. 5-18-2014 Newshound Guru tlm724 Article: "Mr. Aref Tayfur calls for the next House of Representatives to amend the Constitution so as to ensure the establishment of a confederation in Iraq" first thing on the agenda and whats awesome is this will bring to a close the erbil agreement, article 140 and should resolve the oil and gas law!
5-18-2014 Newshound Guru Millionday [your ink sounded like Maliki is in...we read today sounded like he is out...what is your Opinion please?] the report i have is showing that the party has the most votes but the representatives do not want him to be the prime minister...his party has the right to put another person in as the representative of their winning party...they seem to not want him in.
5-18-2014 Newshound Guru tlm724 Article quote: "The Iraqi Ministry of Finance announced the intention of the Iraqi government not to claim the United States to protect Iraqi funds deposited in foreign banks..." the risk has been minimized, Iraq has fast forwarded their debt negotiations and they want their money back and feel more confident in handling it too.
5-18-2014 Intel Guru EXOGEN Rates are 100% confirmed LIVE in Kurdistan right now.
5-18-2014 Newshound/Intel Guru BGG ...you may or may not like or agree with what [Guru] Kaperoni has to say...when he's talking about NO RV - he's talking about no high number out of the gate. we all agree - if it starts low - it won't be long before it does get to a "reality rate" (as in - QUICK). so my question is... WHO CARES?? just get it started. [reference Kaperoni's posts 5-16/17-2014]
5-18-2014 Newshound Guru Millionday Article quote: "The UN representative stressed that all development programs will be run, from the beginning of next month inside Iraq, not from abroad, confirming that the organization will open a big branch office in Basra by the end of this month..." this is the UN stating that they have to begin all their projects in country on the first of June -- so we know they have to be ready with budget done to comply to that order. [if no budget by 1 June could they use DFI funds to pay for projects and programs?] no they have to have the budget money distributed by CBI and ...Turki has stated that no money will be released without the budget in place. [post 2 of 2]
5-18-2014 Newshound Guru Millionday Article quote: "Mohammad Mehdi - MP for the coalition of citizen Furat al-Shara said on Saturday that "the survival of one month from the age of parliament are considered long enough to pass the budget." so as we see -- the timeline has been long enough for the budget and they have called a 3 day special seccion to get it voted through -- according to this the president of parliament is calling the meeting -- it doesnt state when. [post 1 of 2....stay tuned]
5-18-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" [if the reason they are producing new notes is to curb "counterfeiting", what's to stop them from declaring all the old notes "counterfeit" thereby screwing us all?] There is a whole bunch...articles on how the currency will not expire. Here is a quote.."the banknotes current will continue trading with the new will not be pulling rolling them now or in the future." Keep in mind this is a countries currency were talking about not some photocopied play money. The CBI takes monetary policy very serious and so does the IMF. Countries that are emerging with huge economic potential don't play monetary games.
5-18-2014 Intel Guru Freeway Bill I looked back in my volumes of posts that I have read or been sent over the past several years and it is amazing how many times we were "THERE" "IT IS OVER" "NOTHING CAN STOP IT NOW" "GOOD MORNING RICH PEOPLE" etc. Does it bother me that we have been fed so much for so long? NO! Actually, what you all don't realize is that we HAVE been in a credible position for this to happen on certain dates only to have something come up that kept it from happening...All of this is not a bad thing because it kept you investors "in the game" and kept you grounded and with hope of the absolute fact that this will happen, just we don't know when.
5-18-2014 Newshound Guru Millionday with the announcement that they want the laws for isx which is the gut of the market economy to be activated -- it seems they are working toward the movement to a market economy as they have stated. 5-17-2014 Newshound Guru Tlar I think Maliki has made a deal for he and his list but the international charges supersede the iraqi authority not to prosecute -- meaning -- no matter if the new iraqi government made a deal the international court can still prosecute him. He will get it anyway. Maliki may spend the rest of his days in jail with his son.
5-17-2014 Newshound Guru Kaperoni Election results are leaking...looks like Maliki and SOL got somewhere from 91-94 seats. So we can begin to make a few assessments. Maliki made himself relevant in this next GOI... remaining seats are about 190 spread out over 10 -15 smaller blocks. it is possible with the current results to omit him, but unlikely which forces a longer drawn out process because we all know what Maliki is about. I think many thought he was gone but with those numbers, he is relevant. there is no term limits in the "very weak" constitution. Maliki uses that to his advantage
5-17-2014 Intel Guru TNT Tony It looks like a SUPERFANTASTIC weekend just might be here. Let's be ready so we don't have to get ready. Nothing but good news so far.
5-17-2014 Newshound Guru Enorrste We may therefore dispense with the idea that this man is recommending an RV of any kind at all. Instead, he is backing the CBI plan entirely, but adding that at some point in the future, when the economic activity in Iraq is more broadly based, and only after the dinar has reached its “real value,” should a switch in “backing” be made from the dollar to a basket of currencies. The implication here is that the move toward tying the dinar to a basket of currencies is years away (after the float generates the required broad-based economic activity to “support” the “real value” of the dinar. [post 2 of 2]
5-17-2014 Newshound Guru Enorrste Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" In my opinion this article is discussing how to tie the dinar into the world economy after it finds equilibrium rather than as a means to create an artificial value...the economist is stating that one of the best solutions to solving the low value of the dinar, and to bring it to a “real value,” is to float it against “the diversity of the reserve with the Central Bank.” It is this float that “will make us deal” with the true value of the dinar...he specifically states that before moving to a basket of currencies the dinar must be allowed to float based on “all economic activities” rather than just on an economy based on oil production. [post 1 of 2....stay tuned]
5-17-2014 Newshound/Intel Guru BGG Looks like they will announce the election results early...more articles coming out about this today. I wonder if this isn't why Maliki bailed out on the trip to China.
5-17-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" ...our translator has stated, this was a absolute necessity as most of the currency in circulation was worn out. In order for the monetary policy in Iraq to succeed, including the auctions, the citizens have to want and use the currency of Iraq. The translator felt this was nothing more than a necessary replacement..that being said..we can take some "cues" from this which IMO confirms there is no overnight RV but a more gradual appreciation over time as the IMF says. It also seems to confirm no such redenomination would ever occur, since if they were planning a redenomination, they would simply have done it at this replacement. Time will tell..let it come to us!
5-17-2014 Newshound Guru Millionday Article quotes: "A cude oil pipeline between Northern Iraq and Turkey was completed late last year, and oil has since been pumped through it into storage tanks at Turkey's Mediterranean port of Ceyhan. Exports from Ceyhan, however, were on hold to give diplomacy a chance to solve a dispute back then between Baghdad and Arbil over the sale of Kurdish oil to international markets. On Tuesday, he [Iraqi Deputy Prime Minister for energy Hussain al-Shahristani] said that the sale of the Kurdish crude oil has now begun..." wow...this is huge huge news...they are going to sell it globally through the holdings in Turkey...so this is obviously huge progress and has global market all over it -- very good progress. 5-16-2014 Newshound Guru Kaperoni [How did the Kuwait dinar raise and could that happen to [Iraq] dinar the same way? Didn't their dinar raise like over 3 bucks in one fell swoop?] I believe the Kuwaiti RV stories are...BS. Not to mention completely different animals. Iraq was almost wiped off the map and everything has to be rebuilt from the ground up.
5-16-2014 Intel Guru Okie_Oil_Man WITH THE VAST AMOUNTS OF TRADING INTER-BANK AND FOREX WITH NUMEROUS CURRENCIES IT IS A STRONG INDICATOR OF FORTHCOMING EVENTS. WITH P.O.#13303 EXPIRATION DATE OF 5-22-14 TO COMPLY WITH OUR OPPORTUNITY, IT WOULD FOLLOW THE 21ST OR THE 22ND OF MAY WOULD BE AN EXCELLENT TIME FOR THE R/V TO OCCUR...CLARIFICATION--THE R/V CAN OCCUR ANYTIME UP UNTIL THAT DATE.
5-16-2014 Intel Guru TNT Tony Just got a text saying it went live in Germany after the banks closed. We know the new rates. We know they were at $3.71, then we heard they want to go out at $3.23 and go up from there. DC’s guy got offered $3.78 at a particular bank in another country, and that was this morning. The contract rates are still there for us. They say the VNN Is over two dollars at this point. We have received that intel from several sources. I’m going to be positive and say we’re on our way. Be ready! [post 2 of 2]
5-16-2014 Intel Guru TNT Tony [viaAdept1] They asked Maliki to do some things. He was grandstanding but did send the last few things to parliament, and it was turned over to CBI yesterday. We thought the IMF would take over from there and get it going, but they have handed it over to the CBI who is now coordinating how this is getting out. There have been reports in different countries, and in the US, some banks actually had it live at the teller level. We know that yesterday it was trading on forex on a whole different level – they were excited at the sheer level of trading that occurred yesterday. [post 1 of 2....stay tuned]
5-16-2014 Newshound Guru Millionday [you think HCL is done?] we had a report in here about two or three months ago that said it was done and on the shelf waiting for funding and the progress for it to be activated -- they also stated the amnesty was done in that same report...
5-16-2014 Intel Guru DC There have been announcements in Iraq but there have been too many in the past, and people want them to stop talking and get it done. They announced in the mosques that they were opening the banks at 6 to allow folks to do some exchanges and for lower denominations to get out. That has been successful, although it is stopped for the date because it’s late there. One friend did exchange himself in Baghdad, and others have reported currency at a higher rate. I think things look phenomenally good. They have so much that points to the fact that this thing is right upon us and expected to go down now. [Are all the currencies we’ve been hearing about in the first basket?] I understand all the currencies are back in the first basket now. [post 2 of 2]
5-16-2014 Intel Guru DC [via Adept1] The US finally agreed to accept the rate after a LOT of back and forth. It was put back in Iraq’s hands. CBI and Maliki wanted to do some last minute announcements, and they did some grandstanding that took up most of yesterday. Now, today, live rates have been popping up through the world since yesterday morning, even down to the teller screens in different parts of the world. They have been turning on and off all afternoon and evening. Through this morning, we have had folks checking in many different countries, and some have seen the rates at the CBI, at the bank level, and occasionally at the teller level. [post 1of 2....stay tuned]
5-16-2014 Newshound Guru Aggiedad77 Article: "Maliki back from his visit to China and sends Shahristani instead of him and his office: the decision was made to use the time to form a government" Interesting twist on things within the State Law coalition today...Maliki won't be making the trip to China after all...Deputy PM of Energy, Shahristani, will be going in his place...citing that Maliki's plate is too full right now with the political agenda regarding the new government and how things will pan out for him...Maliki apparently sees the need to be in town for the election outcomes and obvious posturing that will take place after that...or...is his jet sitting on the tarmac warming up for a quick getaway.
5-16-2014 Intel Guru Frank26 NO ONE knows the date, IMO...Not even the CBI knows yet. IMO, The IMF guards this info like Godzilla protecting her nest of eggs. IMO...When the IMF says the CBI has earned the right via article 8 compliance to receive an IR...It will be given at the last fractions of a nano second.
5-16-2014 Newshound Guru Kaperoni Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" Banks are in the business to make money, not give it out. For a currency to appreciate there must be an upside to the bank...which is the commission. The CBI is the manager of sorts for the dinar. Once they move to a float, the CBI's roll will change from in country currency daily auctions, to using those monetary tools to control the pace of the dinar appreciation buying/selling blocks of currency to control the liquidity in the global market. That is their job. That is what they are learning to do now under Article XIV. It make no sense to RV the Iraqi dinar and circumvent that responsibility. Nor will they.
5-16-2014 Intel Guru EXOGEN Forex waiting now live rates watching. Waiting!!! All is superfantastic. Right now the banks are in HIGH ALERT TONIGHT [Friday]!!
5-16-2014 Intel/Newshound Guru Poppy3 THERE IS NOW STRONG WORDS THAT MALIKI IS OUT AND MANY ARE MANEUVERING TO POSITION FOR A GREATER IRAQ WITH NEW LEADERSHIP. I JUST HOPE THEY MAKE BETTER CHOICES THIS TIME THAN BEFORE...
5-16-2014 Newshound Guru Kaperoni ...IMF Article IV Consultation [does] not mention any adjustment, RV prior to moving to a more flexible exchange rate policy. It is very clear that the dinar will simply move from the current policy (currency board) to a new Exchange Regime (some kind of float under Article VIII). This change does not involve a rate change first. Once they do so, the dinar will begin to rise based on Iraq's economic progress, oil production and effects of supply and demand. Those expecting an overnight event are mistaken. [post 2 of 2]
5-16-2014 Newshound Guru Kaperoni Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" People don't understand there is no benefit for Iraq to RV the dinar. A gradual appreciation from 1166 is very profitable for Iraq as the dinar rises, the CBI buys/sells controlling the pace as a monetary tool receiving commissions just like they do now with the currency auctions. What incentive would the CBI have to RV and pass up that financial opportunity? None. [post 1 of 2....stay tuned] 5-15-2014 Newshound/Intel Guru BGG Looks like the new Dinars are in circulation now...a little bit. [The lower denoms?] only 250's and 500's that I can see...Not Lower Denoms...which is interesting they would reprint these in a more secure fashion and not all the others as well...they look exactly like the current notes - but with a little circle under the top left arabic numeral (embossed) for ease of identification...and the signature is different than before - reportedly Turki's.
5-15-2015 Newshound Guru Millionday some think that the dinar will float but what they fail to say or at least i would hope they are meaning to say is that it will be set at a rate first -- it will not float from 1166 --- that would be economic suicide and impossible for trade at a rate that is not a reality rate...in my opinion it will not float at first and will be put to a float after they change the calculations they are discussing here -- the SDR and how it is calculated...but the calculation does not come out to $1 -- by my opinion -- it comes out closer to what Kuwait has but it has not been released yet. this is great great news...IT MEANS WE ARE CLOSE ENOUGH TO BE TALKING ABOUT THE CALCULATION OF THE IQD. [post 2 of 2]
5-15-2015 Newshound Guru Millionday Report quote: "Says economist Faraj Saad Allah of the best solutions to address the low value Aldenarabraghi against other currencies is the diversity of the reserve with the Central Bank «reasoned that it« will make us deal with the exchange rate of the dinar according to the real value of it." they are talking about in the near future changing the way that calulation is done...but there is not enough time to make this change or anything like it before the reality value is set for the dinar... [post 1 of 2....stay tuned]
5-15-2014 Intel Guru Frank26 IMO: Once the IR is given to the CBI via the IMF...It can be hidden for a short time. But...Once the CBI presents it to the intern GOI...It will be visible via the CBI website.
5-15-2014 Newshound Guru Millionday Report quote: "Hashemi reflected the role of the free zones to attract investment companies through the signing of agreements and conclude contracts with the countries of the region..." SO WOW -- the signing of free zones in the Anbar area shows that maybe there has been some calming in the area and of course that some Iraqis tonight are excited that their jobs are about to begin and be more plentiful... they signed three contracts today for them.
5-15-2014 Newshound Guru Adam Montana [what would you say could be the next 2-3 issues of MAJOR importance that could come together that pushes us closer to our collective goal?] Everything that Kurdistan appears to be doing is PERFECT for us. I'm watching closely at this time. [Who won the election? Did they pass the budget? Where does the HCL stand? The currency auctions decreased for a few days then sky rocketed. What is going on there?] Election results won't be available in full for some time yet. Budget is in process, HCL is moving forward, and I don't pay attention to the auctions. (Until the rate changes, I don't think it's a reliable indicator of anything.)
5-15-2014 Intel/Newshound Guru Poppy3 RECEIVED WHAT MAY BE THE FIRST SLAM AGAINST MALIKI SINCE THE ELECTIONS AND I HAVE HEARD THAT SOME LEADERS HAVE ALREADY SAID MALIKI LOST VERY BAD AND WILL NEVER BE PM AGAIN. THEN WE GET THIS NEXT POST: "Iraq News Network - International Criminal Court decided to refer the Iraqi Prime Minister Nuri al-Maliki, a group of senior aides to court...the Court now has complete files crimes committed by al-Maliki and his aides..." SOUNDS LIKE THE WORST HE HAD EXPECTED IS STARTING TO HAPPEN. THIS SOUNDS VERY BAD FOR MALIKI AND VERY GOOD FOR ALL OF US.
5-15-2014 Intel Guru MarkZ We are actually much closer on this than we have been in months. [Then we are truly in a good spot.] I DO BELIEVE THAT IS THE TRUTH...
5-15-2014 Newshound/Intel Guru BGG [So how long does it take to count ballots in Iraq?] official results announced on the 25th.
5-15-2014 Intel Guru Jester [any new news today?] THE WORD I GET IS "CLOSE"... AND I BELIEVE THEY THINK THIS IS THE CASE... AND I HAVE NO REASON TO BELIEVE THEY ARE NOT CORRECT... WE ARE SEEING THE END OF THINGS IF EVERYTHING WILL GO THE WAY IT IS SUPPOSED TO...
5-15-2014 Intel/Newshound Guru Poppy3 I ASSURE YOU IF THE DFI FUNDS ARE RELEASED THEY WILL BE CLAIMED BY THESE COUNTRIES. THERE ARE MANY COUNTRIES THAT WHERE NOT PART OF THE PARIS AGREEMENT BUT THEY HAD ALSO FORGAVE CERTAIN %'S OF THEIR DEBT AND ACCEPTED DINAR FOR THE BALANCE TO BE PAID UPON THE RV OF THAT DINAR. THEY ARE WAITING AND HAVE BEEN JUST LIKE WE HAVE BEEN. THIS IS THE VERY REASON THE DFI FUNDS HAVE NOT BEEN RELEASED BEFORE AND WHY THEY WHERE PLACED UNDER THE PROTECTION FOR ALL THESE YEARS. [post 2 of 2]
5-15-2014 Intel/Newshound Guru Poppy3 [if their funds are no longer protected by the USA...can they be sued?] THEY WILL BE SUED BY THE COUNTRIES THAT THEY OWE THAT WERE NOT PART OF THE PARIS AGREEMENT. FROM A VALUED SOURCE FROM WASHINGTON...THESE COUNTRIES MET IN WASHINGTON THREE WEEKS AGO WITH THE IMF AND REPS FROM THE CBI STATING THEY WANT THEIR MONEY NOW (REVALUED). THESE COUNTRIES GOT PISSED WHEN THE PARIS GROUP WHERE PAID 90 BILLION A FEW WEEKS AGO AND THEY WHERE NOT PAID ANYTHING. THEY HAVE DEMANDED IN WRITING I AM TOLD THAT THEY BE PAID NOW, NOT LATER. [post 1 of 2....stay tuned]
5-15-2014 Newshound Guru Millionday Report Quote: "The Ministry of Finance, said on Wednesday that it would not seek renewal of American protection to Iraqi funds deposited in their banks, to assume the CBI liability management after coming out of Chapter VII of the Charter of the United Nations..." this reports gives us alot of info -- first that the coverage of funds will not be extended. Iraq wants the globe to have confidence in the country and their ability to maintain their own funds understandably. they are going to have international banking...and no one is concerned with the accounts they have with their control being given to Iraq.
5-15-2014 Intel Guru MarkZ Most government contacts went dead silent yesterday. The news of the evening is rates showing on closed forex screens around the globe. I believe they are testing them. If I were the person pulling the trigger I would pull it on a Friday afternoon. [is the VND still expected to be a higher rate than .20.] I believe so and IMO yes. [So do you really think that this will happen this time without people trying to block it again?] I do believe it will happen this time. The timing may not be exactly what we want but I am certain we are winding down quickly now. I am still hopeful that the next few days will bring us home. I honestly feel like we have passed the point of no return now...FINALLY!!!!
5-15-2014 Newshound Guru Millionday Report Quote: "The Ministry of Finance , said on Wednesday that it would not seek renewal of American protection to Iraqi funds deposited in their banks , to assume the CBI liability management after coming out of Chapter VII of the Charter of the United Nations..." this reports gives us alot of info -- first that the coverage of funds will not be extended. Iraq wants the globe to have confidence in the country and their ability to maintain their own funds understandably.
5-14-2014 Intel Guru MarkZ [you stated you believe nobody has been delaying this for the past week or so, but rather it's now just the process running its course. Is most of what is left to be completed related to the US taking certain steps for this to be fully ready?] yes. You summed up where I think we are. [when do you anticipate the international release?] I am feeling this weekend. A lot has been done. It will require a lot of final things getting done though. If I had to give a back wall based on the progress I have seen, I would say still in the month of May...even the most plugged in person still will not know the exact time. I am giving you my best guess. [post 2 of 2]
5-14-2014 Intel Guru MarkZ [It's been quiet about the RI...What happened to it?] it forced the RV/RESET conversation that it was intended to fire up. I honestly believe it was the straw that broke the camels back. [Are other countries are using the RI-dinar rate? or are they waiting for it to go live still?] waiting for it to go live. I do not believe it is being traded internationally yet. I believe they are bouncing it on the screens in preparation of the international release. [post 1 of 2....stay tuned]
5-14-2014 Newshound Guru Adam Montana [Would you please tell us just what all is left to be done before there will be an RV?] HCL is the biggest one. [What do ya think about executive order 13033 ending a week from Thursday?] It's kind of irrelevant to be honest. Iraq will do what they want to do regardless of any of our Executive Orders. [can you tell me if the rv will be announced before the Ramadam?] It definitely has a chance to! Things are looking good now.
5-14-2014 Intel/Newshound Guru Poppy3 I STILL SAY MALIKI WILL NOT BE PM WHEN THE ELECTION RETURNS ARE FINALLY ANNOUNCED ON THE 25TH. THERE IS JUST A TON OF STUFF HAPPENING BETWEEN NOW AND JUNE 1 SEEMS EVERY FEW DAYS ANOTHER MAIN EVENT IS HAPPENING AND THEY ALL FAVOR US AND THE BLESSING.
5-14-2014 Intel Guru TNT Tony I was asked to...stand down...we went out and verified what we were told. I was asked not to say too much ...we are not gonna upset the applecart. It's a great day to be an American and a superfantastic day to be a Dinarian. I'm upbeat, will talk to you very soon.
5-14-2014 Intel Guru Okie_Oil_Man I WOULD THINK TODAY IS A CRUCIAL TIME IN OUR JOURNEY. THE RESULTS OF WHETHER THE UST NOTES ARE DISPENSED IN CONJUNCTION TO THE STOCK MARKET WILL SPEAK VOLUMES TO US. I UNDERSTAND THE DINAR IS BEING WIDELY TRADED IN SPECIFIED COUNTRIES PRESENTLY. THIS IS VERY GOOD NEWS FOR US.
5-14-2014 Newshound Guru Kaperoni Another thought is it has nothing to do with the currency and more to do with the relations of the banks and the CBI. It also could be related to 13303. That maybe the World Bank does not agree with the release of the funds and ending of protection. And if the CBI goes forward with this, it will put Iraq's money at risk and thus collapsing the economy. This may be nothing more than the WB asking the GOI to ask the CBI to ask for another year of protection of funds. [post 2 of 2]
5-14-2014 Newshound Guru Kaperoni Article: "World Bank calls on the Iraqi Government to change the policy of the Central Bank" This is interesting...since the World Bank has always asked the GOI to stay out of the CBI business. Now they are asking the GOI to get involved? Hmmm. I would think if the CBI is persuing wrong monetary policy the IMF would have something to say. Something does not add up here. I don't think the World Bank could make such a statement since compliance and monetary policy are really under the IMF. [post 1 of 2....stay tuned]
5-14-2014 Intel Guru Frank26 HCL...Intern GOI working hard...But the one thing...of greater importance, IMO, is that the Tariff Law is now 100% completed. This knowledge...This news...on this law will soon be seen by all. Watch M [Maliki] and the Kurds. There is more coming from them this week. Change...Coming ...In Many Ways. Be SMART...Be Ready.
5-14-2014 Intel Guru Okie_Oil_Man [Do you TRULY think the US will finally let this go SOON?] ALL I KNOW IS WE ARE EXTREMELY CLOSE TO THIS COMING TO FRUITION. THE TRADERS ARE ALREADY TRADING THE DINAR (UNDER THE COVER OF DARKNESS) SO---WE SHOULD LOOK FOR IT VERY SOON AS THEY WOULD NOT BE TRADING A WORTHLESS CURRENCY.
5-14-2014 Newshound Guru Adam Montana Now consider the following: Parliament to name PM and Deputy. Kurdistan willing to bet on oil reserves and lose portion of budget...HMMMMM, does this sound like someone is confident in the value there? Kurdish Parliament expects to see formation of new gov’t. Kurdistan will lead the WORLD in oil production. KURDISTAN TALKING HCL BABY! Now that the Kurds are moving forward without getting all of the things they were demanding, what do you think might be happening? I don’t think it takes a rocket surgeon to figure out that things are moving in the right direction, my friends! If none of those links up there gave you a reason to smile, you might want to get your pulse checked. This is an EXCITING time for Iraq! [post 2 of 2]
5-14-2014 Newshound Guru Adam Montana Biggest news - Kurdistan is blazing trails! They obviously see no need to dilly-dally...which I find to be very encouraging. For those of you new to the Iraqi Dinar saga, here’s a little pro-tip - a huge factor in raising the value of the Dinar is a stable government. A stable government needs some “middle ground” between the Kurds and the rest of Iraq. One of the major issues is the budget, because that decides what money goes to the Kurdish region and what money goes to the rest of Iraq. The Kurds have been holding out for a larger piece of the pie, and Baghdad can’t argue too much, because the Kurds have so much oil! [post 1 of 2....stay tuned]
5-14-2014 Intel/Newshound Guru Poppy3 HERE IS MY LATEST UPDATE ON IRAQ---SEEMS THEY HAVE STATED THAT THEY WILL HAVE A TRADABLE CURRENCY THROUGH THE ISX BY MID YEAR IS THEIR GOAL AND WE ARE FAST APPROACHING MID YEAR ON JUNE 1. NEXT THE DFI RELEASE IS TO TAKE PLACE ON THE 22ND OF MAY WHICH REMOVES PROTECTION OF THEIR DFI FUNDS. IF I UNDERSTAND THIS RELEASE IT WILL ALLOW ALL THE COUNTRIES THAT I TOLD YOU LAST WEEK HAD BEEN MEETING TWO WEEKS AGO AND DEMANDING THEIR PAYMENTS IN EXCHANGED RE-VALUED CURRENCY FOR WAR RETRIBUTION...WILL FILE CLAIMS AGAINST ALL THOSE FUNDS IMMEDIATELY IF THEY ARE NOT PAID BEFORE THE RELEASE. ALL THIS INFORMATION AND MANEUVERING TELLS ME THAT THE RV IS IMMINENT.
5-14-2014 Newshound/Intel Guru BGG [whats w/kurds backing M [Maliki] ?] that would be the PUK (at best) and I am not sure I would buy into that just yet. the next 10 days will be full of that kind of stuff. Think...how have things gone for the Kurds since they backed him last time?
5-14-2014 Intel Guru Okie_Oil_Man [Is there going to be an international rate, a market rate and contract rates?] THATS WHAT WERE TOLD HOWEVER THEIR MAY BE STIPULATIONS ON SOME OF THE CONTRACT'S RATES THAT YOU WILL WANT TO CONSIDER---JUST CAUSE THE RATE IS PALATABLE DOESN'T PRECLUDE THE RESPONSIBILITY OR OVERSITE THAT MAY BE ASSOCIATED WITH IT---RIGHT NOW THE INTERNATIONAL RATE IS 3.78----THAT IS ALREADY ABOVE WHAT WE INITIALLY EXPECTED. [post 2 of 2]
5-14-2014 Intel Guru Okie_Oil_Man [Do the elections in Iraq have any bearing on the GCR? Does it make any difference if Maliki is reelected?] THINGS ARE WAY PAST ELECTIONS HAVING AN INFLUENTIAL EFFECT. [If the USA does not move forward with this, will we be left out?] THERE ARE NO WAY THIS WILL NOT HAPPEN---SEVERAL COUNTRIES ALREADY HAVE ACCEPTED THE RATE PROPOSED AND BEING UTILIZED---IT IS PAST THE POINT OF NO RETURN. [post 1 of 2....stay tuned]
5-14-2014 Newshound Guru Kaperoni Article: "Minister: Turkey starts sale of Kurdish oil to global markets" First we need further confirmation that in fact the Kurds are selling oil and Baghdad agrees, second, all it would do is provide an agreement so parliament can get back to work and start passing laws/the budget etc. It is pretty clear...that nothing will happen with the currency until after the elections are settled.
5-14-2014 Newshound Guru Aggiedad77 Article: "Deputy for National: do not legally merge the budgets of 2014 and 2015" This to me seems like it could be another delay tactic on the part of someone...how can they expect to merge a 2014 budget with a 2015 budget...on the one hand one can't be agreed upon by enough to pass it...on the other hand the other hasn't even been discussed yet...someone is dreaming IMO.
5-13-2014 Intel Guru Okie_Oil_Man [Is it a requirement that the new UST notes which are Basil III compliant come out before the GCR can happen?] IT IS/WAS SCHEDULED TO BE AT THE SAME TIME. [How long can Iraq go with an RI without it becoming an International Currency? Is there a time limit?] A MISNOMER--IRAQ...MESSED UP THE PROCEDURE THAT WAS TO BE FOLLOWED...WHEN THEY R/I ON THEIR OWN CONTRARY TO THE AGREEMENT WITH THE IMF AND UST. [Is it going to be an RI, an RV or a GCR since Iraq did the RI?] BY THE TIME WE GET IT, IT WILL BE CALLED AN EXCHANGEABLE CURRENCY AND IT WILL BE OF WORTH WHAT THE IMF, FOREX, BIS, AND THE CURRENCY PLAYERS DESIGNATE IT TO BE.
5-13-2014 Newshound Guru Millionday Article quote: "Mustafa al-Hashemi at the time delayed the approval of the budget year 2014 for reasons known and speculation to transfer files to the next Parliament, there has been speculation or proposals or attempts to merge the budgets of 2014-2015." they are discussing the idea of merging two years together...CBI has stated that they are moving forward with their job on the monetary reform with or without the budget in place and will be funding it with the international investment funds for contracts...
5-13-2014 Intel Guru MarkZ I can actually see the progress and reset occurring before my very eyes. I am very excited about the movement I am seeing.
5-13-2014 Intel Guru Okie_Oil_Man THERE HAS BEEN MANY, MANY, POSITIVE MOVES MADE THAT MAKE THE R/V CLOSER THAN EVER. I WOULD THINK WE ARE WELL PAST THE POINT OF WANDERING IF THIS WHOLE THING WAS REAL OR MEMOREX. THE DELAYS THAT SEEMED ENDLESS WITH EXCUSES HAS PAST. THE PRESSURE EXERTED ON THE USA TO INITIATE THE GLOBAL ACCEPTANCE OF THE DINAR IS EXCEEDINGLY GREAT AND THE USA HAS PAINTED THEMSELVES INTO A CORNER AND HAS TO STAND AND PRODUCE THIS TIME WITH NO OTHER EXCUSES BEING TOLERATED ON THE WORLD STAGE. [post 2 of 2]
5-13-2014 Intel Guru Okie_Oil_Man FROM INFORMATION RECEIVED TODAY THE NEW UST NOTES SHOULD BE COMING OUT WITHIN A FEW DAYS. THIS IS ANOTHER OF THE PREREQUISITES OF OUR BLESSING. IT APPEARS IT IS VERY NEAR BECAUSE OF THE ACCOMPLISHMENTS MADE WITHIN THE PAST FEW DAYS. [post 1 of 2....stay tuned]
5-13-2014 Newshound Guru Tlar Article quote: "Said Director of Arbil Stock Exchange Abdullah Ahmed, said... 'system will be introduced NASDAQ U.S. stock exchange Arbil, where will the system end of next month to Arbil Stock Exchange'. " [Are they saying NASDAQ will be on the Erbil Stock Exchange at the end of June? They will need international currency for this...correct?] In a word yes. To be an international exchange, you have to have your own international currency. We know that Shabibi did not delete the zeros in 2010 and that's the last the ISX has said anything about being international until this article to the best of my recollection. This article does seems to imply that or or around the middle of the year they will be an international exchange.
5-13-2014 Newshound Guru Aggiedad77 Article: "Legal: current parliament will continue until the adoption of the budget" Well this current Parliament's days are now numbered...and they believe they can get a budget passed before the end of the session...June 14, 2014...let's watch closely and see what transpires.
5-13-2014 Newshound Guru Stryker Answers (to some) questions on the follow up HUNTSVILLE, Ala. WHNT news Report [Sent to Dinar Guru members yesterday]concerning the Iraqi dinar: I too believe there will not be a world currency reset...but yet an adjustment made per the IMF & White House which states for all emerging and developing countries to be more flexible on the exchange rates... Kuwait wasn't revalued it was reinstated after the US helped Kuwait regain their land from Saddam... EO 13303 covers asset protection of frozen funds and did not give us the right to buy it...But before 2003 it was against Iraqi Saddam law to have Iraqi dinar outside Iraq so the currency being an Iraqi assets has it protected under 13303 and elsewhere and gave the dealers the ability to transport it outside Iraqi borders. The order doesn't cover this but the wording does. Stay with the facts and the ride will be much smoother. [Dinar Guru members were sent this full news report yesterday--not a member? Sign up in the blue box above.] [post 2 of 2]
5-13-2014 Newshound Guru Stryker HUNTSVILLE, Ala. WHNT news Report: [what’s your opinion on the TV show with the so-called currency expert?] I have heard all these type of misleading half informed reports over the years and they are all the same. Report only the part of the story that says scam and that have drama for ratings and not the complete story. Just keep in mind that these news agencies don't keep up with Iraq as we do, as they most likely never covered what is going on in Iraq right now in this report, just what they perceive it to be, a scam. The dinar is a real currency with real value. [post 1 of 2....stay tuned]
5-13-2014 Intel Guru Frank26 Article quote: "The Committee Member said Faleh Sari for daily “Alalam” that “the Central Bank told the House Finance Committee will follow the new theme mechanism will make a significant contribution in raising the value of Iraqi dinars before next June and will be the mechanism to raise the value of the Iraqi dinar against the US dollar.” This 2013 article from the CBI is the premise of our studies...it is encouraging if not obvious to see that the CBI and GOI may actually keep this goal on target and reach it ...BEFORE JUNE!!!
5-13-2014 Intel Guru Nova [via Frank26] There is nothing else to say except to wait for an Internationally recognizable currency to be assigned to the CBI via the IMF due to their IMF's qualification on article 8 full compliance.
5-13-2014 Newshound Guru Kaperoni Article: "43% drop in the value of the trading stock of Baghdad in April 2014" IMO, they better open the door soon for international investors or the Iraqi market will die.
5-13-2014 Intel/Newshound Guru Poppy3 IF YOU GUYS HAVE LISTENED TO THE ALABAMA NEWS REPORT, THE NEWS MEDIA SAID THE BIGGEST RUMOR THAT HAS ZERO TRUTH TO IT IS A GCR. REMEMBER WHAT OLD POPPY3 POSTED LAST MONTH AND AGAIN A COUPLE DAYS AGO: THERE WILL NOT BE A GCR AS MANY WANT YOU TO BELIEVE. [Reference Poppy3 post 5-10-2014] THAT [NEWS] REPORT WAS SO INCOMPLETE IT WAS FUNNY ON MANY POINTS. THESE PEOPLE REPORTING HAD NO IDEA THE SITUATION IN IRAQ AND WHEN THE GUY SAID SOMETHING LIKE THIS HAS NEVER HAPPENED I THOUGHT...WHERE DID THEY GET THIS [GUY]. THIS HAS HAPPENED MANY TIMES, IN FACT 7 TIMES WHERE COUNTRIES HAVE BEEN LIBERATED BY WAR... [Dinar Guru members were sent this full news report yesterday--not a member? Sign up in the blue box above.]
5-13-2014 Newshound Guru Millionday [Any news on election results?] it is counted internationally and they are completing the rest inside the country.
5-13-2014 Newshound Guru Kaperoni Article: "Finance : new proposals to address Iraq's debt" Quote: "9 days to raise funds for the protection of the American government and hedge ..." [I think if the US was going to protect these funds again we would have already herd by now.] I believe last year they announced the extension only a day or two before.
5-13-2014 Intel Guru DC The contract rates are still available because the oil credit deal is still there. Also, the way they have accepted the RI and some other documentation means that unless the US becomes a complete idiot, that contract is very much in place. There will be different levels available, with higher taxes and restrictions (option A), medium taxes+restrictions (option B) or international rates without restrictions (option C). We understand those three options are still in play. Iraq is very prepared...they are very prepared for the new coalition government. We are back on the 1” yard line, and looking for everything going through. That’s what we are expecting and hoping for. [post 2 of 2]
5-13-2014 Intel Guru DC [via Adept1] we were on the ½ inch line...with some near touchdowns, but were called back. A lot of very positive things have started happening again. [How long can this go on, how much longer can they keep the CBI from showing the RI, and the agreements that have been signed?] We have already passed the stated deadlines. I really don’t know. With the RI and positive moves by the, we believe that there is not much left to do. We understand that Iraq is trying to force of the system to go through... their time is running out, so they are now on overtime. [post 1 of 2....stay tuned] 5-12-2014 Newshound Guru Millionday i have to say that no one knows when -- what they have stated is that they are activating the economic reform and in a hurry -- so i cant say june -july -- or anytime -- but i can say that it has been announced in all media that Iraq is ready for all global banking now. [post 2 of 2]
5-12-2014 Newshound Guru Millionday [so you're thinking once the budget is done the currency reform will happen?] the point of us knowing that CBI is going to activate it with or without it doesnt matter if they have decided to get the budget done first or at the same time... it seems that they are trying to get it all done...if they dont get it done (budget) CBI has stated that they are activating through international investment funds the private banking. the thing is that it seems that they are trying to get the budget done for the economic reform activation. we will have to see what they do -- we know what they have stated. [post 1 of 2....stay tuned]
5-12-2014 Intel Guru TNT Tony It was a confusing weekend. We were told they were looking for any excuse to justify not doing it. Nothing happenned on Saturday and was supposedly stopped because there are still people that don't want this to happen. I don't truly know what the reason is. Another group is going all out to see this does happen. We are not at the bank yet so we know who is winning. Iraq notified its people again about their RI. Scrolling on the bottom of their TV is "Iraq is now ready for global banking". Contractors in Iraq were paid at a rate of $3.78. Challenges have been overcome and am looking for it today, tomorrow, Wednesday.
5-12-2014 Intel Guru Mnt Goat The stalemate continues. My sources are telling me now that if the citizens of the USA and around the world do not stand up for justice...we may not see the conclusion to this RV process until maybe 2015, if even then, if we are lucky. This will drag on and on...the USA controls the final link to getting the new rates international. The USA also controls the web site for the CBI and so this site too can not be updated with the new rates until the USA completes the rollout to all downstream applications. There is talk that the CBI is contracting with a company now to build their own site and roll it out very soon with the new rates to advert the USA influence. The IMF is encouraging this as a means to ensure they can control their currency independent of the USA.
5-12-2014 Intel/Newshound Guru Poppy3 THEY WANT TO KNOW WHOM ALL IS IN THE PICTURE AND CONTROL OF THE PRIME MINISTERSHIP AND THE CBI BEFORE THEY MAKE A FULL RELEASE. I MIGHT ADD THEY WILL KNOW LONG BEFORE WE WILL WHO IS IN THESE POSITIONS. I TAKE THIS AS GREAT NEWS. ALL THIS COULD BE DECIDED VERY SHORTLY. [post 2 of 2]
5-12-2014 Intel/Newshound Guru Poppy3 ...LAST MONTH I REPORTED THAT ONE OF MY SOURCES TOLD ME THAT THE IMF & CBI HAD DECIDED THEY WOULD HOLD THE RV TILL POST ELECTION AND THEY KNEW FOR SURE THAT MALIKI WAS OUT AND THEY KNEW EXACTLY WHOM THEY WOULD BE WORKING WITH AND THAT THEY WOULD KNOW THAT TURKI WOULD STAY AS THE GOVERNOR OF THE CBI? WELL JUST GOT A CALL REMINDING ME THAT HE IS STILL STANDING ON THAT INFORMATION AND THAT IT IS THE ABSOLUTE SITUATION. [post 1 of 2....stay tuned]
5-12-2014 Newshound/Intel Guru BGG [Do u ever think its not gonna happen...?] if I stay focused on the news...it has the feel of inevitability, JMHO. [I believe it will happen that's why i invested.] I do too - while there are no guarantees - as time goes on, there is mounting evidence this was (and probably still is) a good play.
5-12-2014 Newshound Guru Tlar Article: "Inside Iraq within the agreement « leaning back FATCA" Quote: "Saleh said in a statement ( morning) that this work gives immunity mutual agreement of both Iraq and the United States in the field of taxes and follow the movement of money in addition to that it increases the transparency in the exchange of information between the two sides of government." Things like this only lend credibility to an RV coming. IMO this is a law that is intended to stop anyone thinking of going to Iraq to cash out. It is not specifically written for that but it opens the door for the US to inquire about any US citizen’s private bank account in Iraq. So any of you that were thinking of going to Iraq to avoid paying taxes in the US, BEWARE.
5-12-2014 Newshound Guru Millionday Iraq has been told and stated through announcements that they are ready for all global banking. 5-11-2014 Intel/Newshound Guru Poppy3 NOTHING NEW AT ALL FROM SOURCES, LAST THEY SAID SEVERAL TIMES THIS CAN FALL AT ANY TIME, ANY DAY
5-11-2014 Newshound Guru Tlar Iraq has stated their desire to join the GCC [Gulf Cooperation Council] early on. The GCC wants to have a common currency. Iraq would never want to join the GCC at 1166 per US dollar. It would greatly disadvantage them in trade and restrict them if their intention is to return to there former value quickly. So we can pretty much assume that when Iraq does fully join the GCC and they have shown a desire to do so at some point, that the value of their currency will be much higher than it is at present. Iraq must change the value of their currency before they seek full membership... [So...is your 60 day window still in effect?] Yes, I think the 60 days is still intact...I will leave it as a belief we are on track to see a monetary change in or before July of this year. I hope everything we have read and heard comes to pass and at least this time I still believe it will.
5-11-2014 Newshound Guru tlm724 Article: "Businessmen are demanding enactment of laws revive the economy and attract international companies" once again we see where the lack of legislation is hindering progress! The new parliament has their job cut out for them but these laws can done with relative ease if they work together instead of against each other.
5-11-2014 Newshound Guru Millionday the negotiations for all the seats for kurds has begun and they are expecting total power sharing -- so that is of course constitutional compliance and also -- political stability. [so the kurds think they will get the power sharing agreement soon, thats a good thing.] i agree -- huge encouragement for them and their place in the government and the overall direction of the New Iraq. [maybe they will get hcl done with this taking place?] it appears they have it but have not activated due to lack of funding it -- when the reforms are done they will have it in place imo.
5-11-2014 Intel/Newshound Guru Poppy3 ...I HAVE BEEN TOLD BY SOLID SOURCES THAT THE COUNTRIES THAT IRAQ OWES WAR RETRIBUTION HAVE MET ALL LAST WEEK AND THEY ARE NOW DEMANDING PAYMENT ON THE DINAR THEY TOOK IN LIEU OF BALANCE OWED BACK YEARS AGO AT THE END OF THE WAR. MANY OF THEM FORGAVE UP TO 60% OF THE DEBT AND TOOK THE BALANCE OWED IN DINAR. THEY KNOW MUCH OF THE PARIS GROUP COUNTRIES HAVE BEEN PAID AND THESE ARE MANY OTHER COUNTRIES THAT WHERE NOT PART OF THE PARIS GROUP AND...AND NOW DEMANDING THEIR PAY ALSO.
5-11-2014 Intel Guru Frank26 [May 25th stands out to me for some reason.] If on that day they tell You the election results ...Then Logic and some of my very smart Team members believe we need to see a rate first. Time...Timing...Will tell.
5-11-2014 Newshound Guru Millionday there is a major ISX conference coming up on May 14th and 15th...they are marketing and also informing all about the ISX... for investors to have access to the isx -- they have to be internationally recognized and also they have to be compliant with global trade laws and regulations -- the isx in order to be hooked to the global stock markets has to be set with a reality rate due to the pairing with all international currencies that will occur for the figures for trade on the market and off --- they have to have a reality rate to enter the world stock markets. [will the rv/ri occur prior to this meeting?] the meeting is informative but if the rate will be set before or not we do not know in ink yet.
5-10-2014 Intel/Newshound Guru Poppy3 I HAVE BEEN TOLD TODAY SOME FACTIONS ARE TRYING TO HOLD THE CBI AND IMF UP IN THE RELEASE. I DON’T THINK AT THIS POINT THEY WILL BE SUCCESSFUL. ACCORDING TO THE SOURCES THAT GAVE ME THE INFORMATION – THIS CAN POP UP ANYTIME NOW.
5-10-2014 Intel Guru MarkZ ...all the news today is excellent. Things actually do appear to be headed over the rainbow to the little guy and his pot o' gold. [Could this be our week finally!!] I fully expect it to be.
5-10-2014 Intel/Newshound Guru Poppy3 THERE WILL NOT BE A GCR AS MANY...WANT YOU TO BELIEVE. IT HAS ZIP TO DO WITH A RV OF DINAR. YES THERE WILL BE SOME MIDDLE EAST AND SURROUNDING CURRENCIES THAT TRADE DAILY WITH IRAQ THAT WILL HAVE TO ADJUST THEIR CURRENCIES FOR THE PURPOSE OF TRADE WITH IRAQ BUT THERE WILL NOT BE SOME 100 PLUS COUNTRIES ADJUSTING OR RVING THEIR CURRENCIES...
5-10-2014 Newshound Guru Millionday i dont know the date -- i do know that CBI has stated in multiple reports that they are ready for the banking reform to go forward with the step of changing the value and the international rates so now we wait -- they have not said we will have to wait a long time or we wont -- but they have shown a newly gained care for the citizens and their own economic future for the region and for them.
5-10-2014 Intel/Newshound Guru American Contractor In a few weeks, the Development Fund for Iraq (DFI) will expire on 22 May just like it has every year since 2003. There are lien holders, pending litigation and lawsuits against the Iraq governments previous regime. The DFI funds are held in a New York bank and the Ministry of Finance has access to these funds. The DFI account will continue being held in New York until after 22 May and will not be exposed to the numerous liens, lawsuits and creditors. The Iraq government will not risk losing those DFI funds.
5-10-2014 Intel Guru TerryK ...I HAVE BEEN ASKED TO BE QUIET BUT I WANTED TO SHARE SOME NEWS I GOT YESTERDAY…I WAS ADVISED THAT THE CMKX IS ALL READY TO MOVE WITH IN A WEEK …I WAS ALSO TOLD THAT WE ARE TO SEE THIS PRIOR TO THE 15TH. OK SO IM THINKING THAT THIS MAYBE THE WEEK OF THE BLESSING…WHAT I WAS TOLD WAS THEY WANT THIS IN PLACE BEFORE THEY SEAT THE NEW MEMBERS OF THE GOV. NOW I HEARD LAST WEEK THAT THE DINAR WILL GO BY ITS SELF…THE DONG A WEEK LATER...
5-10-2014 Newshound Guru Millionday ...we are waiting on the rates to be set and released for trade --- they have stated that they are in the middle of it so i would think now that the international citizens should be receiving their cards and form of payment and also am looking for the finishing of regulations coming out to the public eye on all issues -- i see nothing that is holding things up so -- the steps we were told about process is what i would say is going on -- so watching for announcements on each of those steps as they occur.
5-10-2014 Intel/Newshound Guru American Contractor The Iraq federal budget for 2014 will continue to be delayed as they wait for the next government to be seated. It is possible that the next seated government will have to work on both the 2014 and 2015 budgets. The next government will have to work harder than they ever have to accomplish this task. Projects in Iraq are suspended or stopped altogether because of the Iraqi Parliament Speaker and the Parliament members failing to pass a federal budget. More delays, not a shocker.
5-10-2014 Newshound Guru Kaperoni ...those who keep posting the dinar will RV/RI or go up in value, today, tomorrow or even within 60 days are nuts. You have a country with close to 1/3 of its demographic controlled by terrorists. These terrorists are destroying the infrastructure, bridges, roads, buildings, electric, waterways and as this article states..they control these banks. You think that the CBI is going to raise the value during all of this? While they still are not in compliance with the IMF? Not happening. I said it over and over, watch the GOI, watch Parliament. The economic reform laws and banking laws need to pass. As well this terrorist issue needs to be resolved. And the CBI needs to meet the conditions set forth within the Article IV Consultation from May 2013. Nothing happens fast in Iraq. Everyone needs to relax and plan for late 2014 at best.
5-10-2014 Intel Guru MarkZ [...are we about to see the RV?] IMO, heck yes we are about to see it. I refuse to give you a timeline but I expect it this month... [tony (Intel Guru TNT Tony) said this will be the best weekend- of our journey!] He will very likely be right.
5-10-2014 Newshound Guru Millionday [On Monday was there not a report that the IMF came out and told the cbi to set a rate?] yes they ordered it to be set by the report we had -- the exchange rate to the USD... in ink. 5-9-2014 Newshound Guru Stryker I have so much faith at this point that the CBI and a newly form government will have what it takes to implement reform...Do not let anyone tell you that everything is done because it is not, we are proving that by the mere actions of the events unfolding in Iraq right now. The real FACTS are pointing us to the truth and the real possibilities of a nice windfall for all [of] us...All of us that have been so bold as to invest in this war torn country, us that have believed in this wealth country called Iraq...
5-9-2014 Intel Guru TNT Tony Everyone around the globe is being quiet today for a reason. I'm feeling SUPERFANTASTIC today and so should you. We should have the best Monday of this entire adventure.
5-9-2014 Newshound Guru Millionday [Has the budget for this yr been voted on for the second time?] the budget is ready to be voted on and they have decided to vote on it sunday with or without the kurds.
5-9-2014 Newshound Guru Tlar It is my opinion that anyone who holds the currency will benefit. I believe the nominal rate is what they will change first (delete the leading zeros) so whatever that turns out to be, that will be the value of the physical dinar. If the nominal rate is changed to one to one, the million dinars you hold will be worth 1 million US before the taxes are paid. For those that hold accounts in Iraq, it is my belief that they will not lose or gain in value. Right or wrong that's my belief.
5-9-2014 Intel Guru Mnt Goat Bad News: Having just said the good news I also have to say I do not believe a word of it. Yes – everything is set to go and can go successfully if they are allowed to continue the RV process to completion...my contact has already told me they intend to once again stall the process...until Maliki’s mandate with the government as prime minister is over on June 14 2014... Do not look for the RV prior to this date. It has nothing to do about the elections other than he knows his days are numbered and he will not get a third term. He is attempting desperately to get his hands on more money. The 2014 budget too will not pass until he is gone... We wait and see what will happen this weekend. [post 2 of 2]
5-9-2014 Intel Guru Mnt Goat Good News: I am being told that from Thursday 5/8 until Sunday 5/11 we are in an excellent window to see the rollout of the revaluation. Note I said revaluation and not reinstatement. As I have said before they are going to trigger off a revaluation using the reinstatement rate from 4/26 and a starting point. I did tell you previously that this might happen and so it is now in play. I am told plans are being made for us to be at the banks next week. This extension given by the IMF bought them some time to reorganize and setup for this process. [post 1 of 2....stay tuned]
5-9-2014 Intel Guru MarkZ [what Defcon level do you put this at right now?] 1 for the next week. [are we looking to a certain individual that will make the announcement for the GCR?] I am yes. It would be irresponsible of me to say who that is though. For the record folks...I do not believe anyone is holding this up any longer. [is it true that the funds for the RI/RV are in Iraq?] I am told the money for the rv exchange US holders is already here. I can't comment on rates. We shouldn't worry about rates though. They look to be great and fair. Let's just focus on DONE. [post 2 of 2]
5-9-2014 Intel Guru MarkZ [seems to me that since the original plan was to have an RV and the Dinar was the linchpin of the GCR, that this has to still come in as an RV and not as an RI. The other countries all signed off on the rates already and were agreed to and it would have to all be redone. We are looking at an RV...?] That is why Maliki pulling the RI stunt forces the RV/reset action. A pain in the ass logistically but a needed push as I see it. [if M is not the new PM, can the new PM rescind the RI when he takes office?] If he could get the CBI to agree but he won't. IMO. [post 1 of 2....stay tuned]
5-9-2014 Newshound Guru Adam Montana [I read...that the Iraq election ballots will take about a month to count and tally. If this is true then would you say that we wont see anything as far a real RV progress until those ballots are fully counted and a new PM is elected?] I think that's a reasonable assumption. Here's something to consider, though: Say things are looking in Maliki's favor, and the opposition starts to get riled up. Maliki calls the RV...That would completely destroy his opponent's chances of any kind of recall or anything else, wouldn't it? [Do you think they will wait to pass the budget until after the new GOI is seated?] No, I don't see too much delay in this process.
5-9-2014 Newshound Guru Kaperoni ...thinking a reduction in auction sales means they are about to raise the value of the dinar. Wrong! The CBI is not compliant with the IMF. Until they prove they can do what is asked of them (via the Article IV Consultation) the CBI is not moving to Article VIII nor a new exchange regime. The recent statement that said "mid year" or June does not imply a change in value of the dinar, but compliance with the IMF. Nothing more. If the CBI meets that goal of mid year or June, we still need laws to be passed for economic and banking reform. There is much to be done yet before we can hope for an increase in the value of the dinar. [post 2 of 2]
5-9-2014 Newshound Guru Kaperoni Article: "Decline in central bank sales of dollar at the end of the auction week" We will have to wait and see if they remain low. It makes no sense when these banks are currently nothing more than money exchangers so commissions are important to them. We can guess that the issuance of new dinar may have curbed some desire to use dollars in the market. But the Iraqi economy still needed dollars for imports. Why they are low is anyone's guess but these auctions are important to maintain the exchange rate and...to reduce the spread from Official Rate to Market Rate. If anything, I was expecting the number of banks and money exchangers participating to increase over the coming weeks - not decrease. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz31p2vcZJR
5-14-2014 Intel Guru MarkZ [It's been quiet about the RI...What happened to it?] it forced the RV/RESET conversation that it was intended to fire up. I honestly believe it was the straw that broke the camels back. [Are other countries are using the RI-dinar rate? or are they waiting for it to go live still?] waiting for it to go live. I do not believe it is being traded internationally yet. I believe they are bouncing it on the screens in preparation of the international release. [post 1 of 2....stay tuned]
5-14-2014 Newshound Guru Adam Montana [Would you please tell us just what all is left to be done before there will be an RV?] HCL is the biggest one. [What do ya think about executive order 13033 ending a week from Thursday?] It's kind of irrelevant to be honest. Iraq will do what they want to do regardless of any of our Executive Orders. [can you tell me if the rv will be announced before the Ramadam?] It definitely has a chance to! Things are looking good now.
5-14-2014 Intel/Newshound Guru Poppy3 I STILL SAY MALIKI WILL NOT BE PM WHEN THE ELECTION RETURNS ARE FINALLY ANNOUNCED ON THE 25TH. THERE IS JUST A TON OF STUFF HAPPENING BETWEEN NOW AND JUNE 1 SEEMS EVERY FEW DAYS ANOTHER MAIN EVENT IS HAPPENING AND THEY ALL FAVOR US AND THE BLESSING.
5-14-2014 Intel Guru TNT Tony I was asked to...stand down...we went out and verified what we were told. I was asked not to say too much ...we are not gonna upset the applecart. It's a great day to be an American and a superfantastic day to be a Dinarian. I'm upbeat, will talk to you very soon.
5-14-2014 Intel Guru Okie_Oil_Man I WOULD THINK TODAY IS A CRUCIAL TIME IN OUR JOURNEY. THE RESULTS OF WHETHER THE UST NOTES ARE DISPENSED IN CONJUNCTION TO THE STOCK MARKET WILL SPEAK VOLUMES TO US. I UNDERSTAND THE DINAR IS BEING WIDELY TRADED IN SPECIFIED COUNTRIES PRESENTLY. THIS IS VERY GOOD NEWS FOR US.
5-14-2014 Newshound Guru Kaperoni Another thought is it has nothing to do with the currency and more to do with the relations of the banks and the CBI. It also could be related to 13303. That maybe the World Bank does not agree with the release of the funds and ending of protection. And if the CBI goes forward with this, it will put Iraq's money at risk and thus collapsing the economy. This may be nothing more than the WB asking the GOI to ask the CBI to ask for another year of protection of funds. [post 2 of 2]
5-14-2014 Newshound Guru Kaperoni Article: "World Bank calls on the Iraqi Government to change the policy of the Central Bank" This is interesting...since the World Bank has always asked the GOI to stay out of the CBI business. Now they are asking the GOI to get involved? Hmmm. I would think if the CBI is persuing wrong monetary policy the IMF would have something to say. Something does not add up here. I don't think the World Bank could make such a statement since compliance and monetary policy are really under the IMF. [post 1 of 2....stay tuned]
5-14-2014 Intel Guru Frank26 HCL...Intern GOI working hard...But the one thing...of greater importance, IMO, is that the Tariff Law is now 100% completed. This knowledge...This news...on this law will soon be seen by all. Watch M [Maliki] and the Kurds. There is more coming from them this week. Change...Coming ...In Many Ways. Be SMART...Be Ready.
5-14-2014 Intel Guru Okie_Oil_Man [Do you TRULY think the US will finally let this go SOON?] ALL I KNOW IS WE ARE EXTREMELY CLOSE TO THIS COMING TO FRUITION. THE TRADERS ARE ALREADY TRADING THE DINAR (UNDER THE COVER OF DARKNESS) SO---WE SHOULD LOOK FOR IT VERY SOON AS THEY WOULD NOT BE TRADING A WORTHLESS CURRENCY.
5-14-2014 Newshound Guru Adam Montana Now consider the following: Parliament to name PM and Deputy. Kurdistan willing to bet on oil reserves and lose portion of budget...HMMMMM, does this sound like someone is confident in the value there? Kurdish Parliament expects to see formation of new gov’t. Kurdistan will lead the WORLD in oil production. KURDISTAN TALKING HCL BABY! Now that the Kurds are moving forward without getting all of the things they were demanding, what do you think might be happening? I don’t think it takes a rocket surgeon to figure out that things are moving in the right direction, my friends! If none of those links up there gave you a reason to smile, you might want to get your pulse checked. This is an EXCITING time for Iraq! [post 2 of 2]
5-14-2014 Newshound Guru Adam Montana Biggest news - Kurdistan is blazing trails! They obviously see no need to dilly-dally...which I find to be very encouraging. For those of you new to the Iraqi Dinar saga, here’s a little pro-tip - a huge factor in raising the value of the Dinar is a stable government. A stable government needs some “middle ground” between the Kurds and the rest of Iraq. One of the major issues is the budget, because that decides what money goes to the Kurdish region and what money goes to the rest of Iraq. The Kurds have been holding out for a larger piece of the pie, and Baghdad can’t argue too much, because the Kurds have so much oil! [post 1 of 2....stay tuned]
5-14-2014 Intel/Newshound Guru Poppy3 HERE IS MY LATEST UPDATE ON IRAQ---SEEMS THEY HAVE STATED THAT THEY WILL HAVE A TRADABLE CURRENCY THROUGH THE ISX BY MID YEAR IS THEIR GOAL AND WE ARE FAST APPROACHING MID YEAR ON JUNE 1. NEXT THE DFI RELEASE IS TO TAKE PLACE ON THE 22ND OF MAY WHICH REMOVES PROTECTION OF THEIR DFI FUNDS. IF I UNDERSTAND THIS RELEASE IT WILL ALLOW ALL THE COUNTRIES THAT I TOLD YOU LAST WEEK HAD BEEN MEETING TWO WEEKS AGO AND DEMANDING THEIR PAYMENTS IN EXCHANGED RE-VALUED CURRENCY FOR WAR RETRIBUTION...WILL FILE CLAIMS AGAINST ALL THOSE FUNDS IMMEDIATELY IF THEY ARE NOT PAID BEFORE THE RELEASE. ALL THIS INFORMATION AND MANEUVERING TELLS ME THAT THE RV IS IMMINENT.
5-14-2014 Newshound/Intel Guru BGG [whats w/kurds backing M [Maliki] ?] that would be the PUK (at best) and I am not sure I would buy into that just yet. the next 10 days will be full of that kind of stuff. Think...how have things gone for the Kurds since they backed him last time?
5-14-2014 Intel Guru Okie_Oil_Man [Is there going to be an international rate, a market rate and contract rates?] THATS WHAT WERE TOLD HOWEVER THEIR MAY BE STIPULATIONS ON SOME OF THE CONTRACT'S RATES THAT YOU WILL WANT TO CONSIDER---JUST CAUSE THE RATE IS PALATABLE DOESN'T PRECLUDE THE RESPONSIBILITY OR OVERSITE THAT MAY BE ASSOCIATED WITH IT---RIGHT NOW THE INTERNATIONAL RATE IS 3.78----THAT IS ALREADY ABOVE WHAT WE INITIALLY EXPECTED. [post 2 of 2]
5-14-2014 Intel Guru Okie_Oil_Man [Do the elections in Iraq have any bearing on the GCR? Does it make any difference if Maliki is reelected?] THINGS ARE WAY PAST ELECTIONS HAVING AN INFLUENTIAL EFFECT. [If the USA does not move forward with this, will we be left out?] THERE ARE NO WAY THIS WILL NOT HAPPEN---SEVERAL COUNTRIES ALREADY HAVE ACCEPTED THE RATE PROPOSED AND BEING UTILIZED---IT IS PAST THE POINT OF NO RETURN. [post 1 of 2....stay tuned]
5-14-2014 Newshound Guru Kaperoni Article: "Minister: Turkey starts sale of Kurdish oil to global markets" First we need further confirmation that in fact the Kurds are selling oil and Baghdad agrees, second, all it would do is provide an agreement so parliament can get back to work and start passing laws/the budget etc. It is pretty clear...that nothing will happen with the currency until after the elections are settled.
5-14-2014 Newshound Guru Aggiedad77 Article: "Deputy for National: do not legally merge the budgets of 2014 and 2015" This to me seems like it could be another delay tactic on the part of someone...how can they expect to merge a 2014 budget with a 2015 budget...on the one hand one can't be agreed upon by enough to pass it...on the other hand the other hasn't even been discussed yet...someone is dreaming IMO.
5-13-2014 Intel Guru Okie_Oil_Man [Is it a requirement that the new UST notes which are Basil III compliant come out before the GCR can happen?] IT IS/WAS SCHEDULED TO BE AT THE SAME TIME. [How long can Iraq go with an RI without it becoming an International Currency? Is there a time limit?] A MISNOMER--IRAQ...MESSED UP THE PROCEDURE THAT WAS TO BE FOLLOWED...WHEN THEY R/I ON THEIR OWN CONTRARY TO THE AGREEMENT WITH THE IMF AND UST. [Is it going to be an RI, an RV or a GCR since Iraq did the RI?] BY THE TIME WE GET IT, IT WILL BE CALLED AN EXCHANGEABLE CURRENCY AND IT WILL BE OF WORTH WHAT THE IMF, FOREX, BIS, AND THE CURRENCY PLAYERS DESIGNATE IT TO BE.
5-13-2014 Newshound Guru Millionday Article quote: "Mustafa al-Hashemi at the time delayed the approval of the budget year 2014 for reasons known and speculation to transfer files to the next Parliament, there has been speculation or proposals or attempts to merge the budgets of 2014-2015." they are discussing the idea of merging two years together...CBI has stated that they are moving forward with their job on the monetary reform with or without the budget in place and will be funding it with the international investment funds for contracts...
5-13-2014 Intel Guru MarkZ I can actually see the progress and reset occurring before my very eyes. I am very excited about the movement I am seeing.
5-13-2014 Intel Guru Okie_Oil_Man THERE HAS BEEN MANY, MANY, POSITIVE MOVES MADE THAT MAKE THE R/V CLOSER THAN EVER. I WOULD THINK WE ARE WELL PAST THE POINT OF WANDERING IF THIS WHOLE THING WAS REAL OR MEMOREX. THE DELAYS THAT SEEMED ENDLESS WITH EXCUSES HAS PAST. THE PRESSURE EXERTED ON THE USA TO INITIATE THE GLOBAL ACCEPTANCE OF THE DINAR IS EXCEEDINGLY GREAT AND THE USA HAS PAINTED THEMSELVES INTO A CORNER AND HAS TO STAND AND PRODUCE THIS TIME WITH NO OTHER EXCUSES BEING TOLERATED ON THE WORLD STAGE. [post 2 of 2]
5-13-2014 Intel Guru Okie_Oil_Man FROM INFORMATION RECEIVED TODAY THE NEW UST NOTES SHOULD BE COMING OUT WITHIN A FEW DAYS. THIS IS ANOTHER OF THE PREREQUISITES OF OUR BLESSING. IT APPEARS IT IS VERY NEAR BECAUSE OF THE ACCOMPLISHMENTS MADE WITHIN THE PAST FEW DAYS. [post 1 of 2....stay tuned]
5-13-2014 Newshound Guru Tlar Article quote: "Said Director of Arbil Stock Exchange Abdullah Ahmed, said... 'system will be introduced NASDAQ U.S. stock exchange Arbil, where will the system end of next month to Arbil Stock Exchange'. " [Are they saying NASDAQ will be on the Erbil Stock Exchange at the end of June? They will need international currency for this...correct?] In a word yes. To be an international exchange, you have to have your own international currency. We know that Shabibi did not delete the zeros in 2010 and that's the last the ISX has said anything about being international until this article to the best of my recollection. This article does seems to imply that or or around the middle of the year they will be an international exchange.
5-13-2014 Newshound Guru Aggiedad77 Article: "Legal: current parliament will continue until the adoption of the budget" Well this current Parliament's days are now numbered...and they believe they can get a budget passed before the end of the session...June 14, 2014...let's watch closely and see what transpires.
5-13-2014 Newshound Guru Stryker Answers (to some) questions on the follow up HUNTSVILLE, Ala. WHNT news Report [Sent to Dinar Guru members yesterday]concerning the Iraqi dinar: I too believe there will not be a world currency reset...but yet an adjustment made per the IMF & White House which states for all emerging and developing countries to be more flexible on the exchange rates... Kuwait wasn't revalued it was reinstated after the US helped Kuwait regain their land from Saddam... EO 13303 covers asset protection of frozen funds and did not give us the right to buy it...But before 2003 it was against Iraqi Saddam law to have Iraqi dinar outside Iraq so the currency being an Iraqi assets has it protected under 13303 and elsewhere and gave the dealers the ability to transport it outside Iraqi borders. The order doesn't cover this but the wording does. Stay with the facts and the ride will be much smoother. [Dinar Guru members were sent this full news report yesterday--not a member? Sign up in the blue box above.] [post 2 of 2]
5-13-2014 Newshound Guru Stryker HUNTSVILLE, Ala. WHNT news Report: [what’s your opinion on the TV show with the so-called currency expert?] I have heard all these type of misleading half informed reports over the years and they are all the same. Report only the part of the story that says scam and that have drama for ratings and not the complete story. Just keep in mind that these news agencies don't keep up with Iraq as we do, as they most likely never covered what is going on in Iraq right now in this report, just what they perceive it to be, a scam. The dinar is a real currency with real value. [post 1 of 2....stay tuned]
5-13-2014 Intel Guru Frank26 Article quote: "The Committee Member said Faleh Sari for daily “Alalam” that “the Central Bank told the House Finance Committee will follow the new theme mechanism will make a significant contribution in raising the value of Iraqi dinars before next June and will be the mechanism to raise the value of the Iraqi dinar against the US dollar.” This 2013 article from the CBI is the premise of our studies...it is encouraging if not obvious to see that the CBI and GOI may actually keep this goal on target and reach it ...BEFORE JUNE!!!
5-13-2014 Intel Guru Nova [via Frank26] There is nothing else to say except to wait for an Internationally recognizable currency to be assigned to the CBI via the IMF due to their IMF's qualification on article 8 full compliance.
5-13-2014 Newshound Guru Kaperoni Article: "43% drop in the value of the trading stock of Baghdad in April 2014" IMO, they better open the door soon for international investors or the Iraqi market will die.
5-13-2014 Intel/Newshound Guru Poppy3 IF YOU GUYS HAVE LISTENED TO THE ALABAMA NEWS REPORT, THE NEWS MEDIA SAID THE BIGGEST RUMOR THAT HAS ZERO TRUTH TO IT IS A GCR. REMEMBER WHAT OLD POPPY3 POSTED LAST MONTH AND AGAIN A COUPLE DAYS AGO: THERE WILL NOT BE A GCR AS MANY WANT YOU TO BELIEVE. [Reference Poppy3 post 5-10-2014] THAT [NEWS] REPORT WAS SO INCOMPLETE IT WAS FUNNY ON MANY POINTS. THESE PEOPLE REPORTING HAD NO IDEA THE SITUATION IN IRAQ AND WHEN THE GUY SAID SOMETHING LIKE THIS HAS NEVER HAPPENED I THOUGHT...WHERE DID THEY GET THIS [GUY]. THIS HAS HAPPENED MANY TIMES, IN FACT 7 TIMES WHERE COUNTRIES HAVE BEEN LIBERATED BY WAR... [Dinar Guru members were sent this full news report yesterday--not a member? Sign up in the blue box above.]
5-13-2014 Newshound Guru Millionday [Any news on election results?] it is counted internationally and they are completing the rest inside the country.
5-13-2014 Newshound Guru Kaperoni Article: "Finance : new proposals to address Iraq's debt" Quote: "9 days to raise funds for the protection of the American government and hedge ..." [I think if the US was going to protect these funds again we would have already herd by now.] I believe last year they announced the extension only a day or two before.
5-13-2014 Intel Guru DC The contract rates are still available because the oil credit deal is still there. Also, the way they have accepted the RI and some other documentation means that unless the US becomes a complete idiot, that contract is very much in place. There will be different levels available, with higher taxes and restrictions (option A), medium taxes+restrictions (option B) or international rates without restrictions (option C). We understand those three options are still in play. Iraq is very prepared...they are very prepared for the new coalition government. We are back on the 1” yard line, and looking for everything going through. That’s what we are expecting and hoping for. [post 2 of 2]
5-13-2014 Intel Guru DC [via Adept1] we were on the ½ inch line...with some near touchdowns, but were called back. A lot of very positive things have started happening again. [How long can this go on, how much longer can they keep the CBI from showing the RI, and the agreements that have been signed?] We have already passed the stated deadlines. I really don’t know. With the RI and positive moves by the, we believe that there is not much left to do. We understand that Iraq is trying to force of the system to go through... their time is running out, so they are now on overtime. [post 1 of 2....stay tuned] 5-12-2014 Newshound Guru Millionday i have to say that no one knows when -- what they have stated is that they are activating the economic reform and in a hurry -- so i cant say june -july -- or anytime -- but i can say that it has been announced in all media that Iraq is ready for all global banking now. [post 2 of 2]
5-12-2014 Newshound Guru Millionday [so you're thinking once the budget is done the currency reform will happen?] the point of us knowing that CBI is going to activate it with or without it doesnt matter if they have decided to get the budget done first or at the same time... it seems that they are trying to get it all done...if they dont get it done (budget) CBI has stated that they are activating through international investment funds the private banking. the thing is that it seems that they are trying to get the budget done for the economic reform activation. we will have to see what they do -- we know what they have stated. [post 1 of 2....stay tuned]
5-12-2014 Intel Guru TNT Tony It was a confusing weekend. We were told they were looking for any excuse to justify not doing it. Nothing happenned on Saturday and was supposedly stopped because there are still people that don't want this to happen. I don't truly know what the reason is. Another group is going all out to see this does happen. We are not at the bank yet so we know who is winning. Iraq notified its people again about their RI. Scrolling on the bottom of their TV is "Iraq is now ready for global banking". Contractors in Iraq were paid at a rate of $3.78. Challenges have been overcome and am looking for it today, tomorrow, Wednesday.
5-12-2014 Intel Guru Mnt Goat The stalemate continues. My sources are telling me now that if the citizens of the USA and around the world do not stand up for justice...we may not see the conclusion to this RV process until maybe 2015, if even then, if we are lucky. This will drag on and on...the USA controls the final link to getting the new rates international. The USA also controls the web site for the CBI and so this site too can not be updated with the new rates until the USA completes the rollout to all downstream applications. There is talk that the CBI is contracting with a company now to build their own site and roll it out very soon with the new rates to advert the USA influence. The IMF is encouraging this as a means to ensure they can control their currency independent of the USA.
5-12-2014 Intel/Newshound Guru Poppy3 THEY WANT TO KNOW WHOM ALL IS IN THE PICTURE AND CONTROL OF THE PRIME MINISTERSHIP AND THE CBI BEFORE THEY MAKE A FULL RELEASE. I MIGHT ADD THEY WILL KNOW LONG BEFORE WE WILL WHO IS IN THESE POSITIONS. I TAKE THIS AS GREAT NEWS. ALL THIS COULD BE DECIDED VERY SHORTLY. [post 2 of 2]
5-12-2014 Intel/Newshound Guru Poppy3 ...LAST MONTH I REPORTED THAT ONE OF MY SOURCES TOLD ME THAT THE IMF & CBI HAD DECIDED THEY WOULD HOLD THE RV TILL POST ELECTION AND THEY KNEW FOR SURE THAT MALIKI WAS OUT AND THEY KNEW EXACTLY WHOM THEY WOULD BE WORKING WITH AND THAT THEY WOULD KNOW THAT TURKI WOULD STAY AS THE GOVERNOR OF THE CBI? WELL JUST GOT A CALL REMINDING ME THAT HE IS STILL STANDING ON THAT INFORMATION AND THAT IT IS THE ABSOLUTE SITUATION. [post 1 of 2....stay tuned]
5-12-2014 Newshound/Intel Guru BGG [Do u ever think its not gonna happen...?] if I stay focused on the news...it has the feel of inevitability, JMHO. [I believe it will happen that's why i invested.] I do too - while there are no guarantees - as time goes on, there is mounting evidence this was (and probably still is) a good play.
5-12-2014 Newshound Guru Tlar Article: "Inside Iraq within the agreement « leaning back FATCA" Quote: "Saleh said in a statement ( morning) that this work gives immunity mutual agreement of both Iraq and the United States in the field of taxes and follow the movement of money in addition to that it increases the transparency in the exchange of information between the two sides of government." Things like this only lend credibility to an RV coming. IMO this is a law that is intended to stop anyone thinking of going to Iraq to cash out. It is not specifically written for that but it opens the door for the US to inquire about any US citizen’s private bank account in Iraq. So any of you that were thinking of going to Iraq to avoid paying taxes in the US, BEWARE.
5-12-2014 Newshound Guru Millionday Iraq has been told and stated through announcements that they are ready for all global banking. 5-11-2014 Intel/Newshound Guru Poppy3 NOTHING NEW AT ALL FROM SOURCES, LAST THEY SAID SEVERAL TIMES THIS CAN FALL AT ANY TIME, ANY DAY
5-11-2014 Newshound Guru Tlar Iraq has stated their desire to join the GCC [Gulf Cooperation Council] early on. The GCC wants to have a common currency. Iraq would never want to join the GCC at 1166 per US dollar. It would greatly disadvantage them in trade and restrict them if their intention is to return to there former value quickly. So we can pretty much assume that when Iraq does fully join the GCC and they have shown a desire to do so at some point, that the value of their currency will be much higher than it is at present. Iraq must change the value of their currency before they seek full membership... [So...is your 60 day window still in effect?] Yes, I think the 60 days is still intact...I will leave it as a belief we are on track to see a monetary change in or before July of this year. I hope everything we have read and heard comes to pass and at least this time I still believe it will.
5-11-2014 Newshound Guru tlm724 Article: "Businessmen are demanding enactment of laws revive the economy and attract international companies" once again we see where the lack of legislation is hindering progress! The new parliament has their job cut out for them but these laws can done with relative ease if they work together instead of against each other.
5-11-2014 Newshound Guru Millionday the negotiations for all the seats for kurds has begun and they are expecting total power sharing -- so that is of course constitutional compliance and also -- political stability. [so the kurds think they will get the power sharing agreement soon, thats a good thing.] i agree -- huge encouragement for them and their place in the government and the overall direction of the New Iraq. [maybe they will get hcl done with this taking place?] it appears they have it but have not activated due to lack of funding it -- when the reforms are done they will have it in place imo.
5-11-2014 Intel/Newshound Guru Poppy3 ...I HAVE BEEN TOLD BY SOLID SOURCES THAT THE COUNTRIES THAT IRAQ OWES WAR RETRIBUTION HAVE MET ALL LAST WEEK AND THEY ARE NOW DEMANDING PAYMENT ON THE DINAR THEY TOOK IN LIEU OF BALANCE OWED BACK YEARS AGO AT THE END OF THE WAR. MANY OF THEM FORGAVE UP TO 60% OF THE DEBT AND TOOK THE BALANCE OWED IN DINAR. THEY KNOW MUCH OF THE PARIS GROUP COUNTRIES HAVE BEEN PAID AND THESE ARE MANY OTHER COUNTRIES THAT WHERE NOT PART OF THE PARIS GROUP AND...AND NOW DEMANDING THEIR PAY ALSO.
5-11-2014 Intel Guru Frank26 [May 25th stands out to me for some reason.] If on that day they tell You the election results ...Then Logic and some of my very smart Team members believe we need to see a rate first. Time...Timing...Will tell.
5-11-2014 Newshound Guru Millionday there is a major ISX conference coming up on May 14th and 15th...they are marketing and also informing all about the ISX... for investors to have access to the isx -- they have to be internationally recognized and also they have to be compliant with global trade laws and regulations -- the isx in order to be hooked to the global stock markets has to be set with a reality rate due to the pairing with all international currencies that will occur for the figures for trade on the market and off --- they have to have a reality rate to enter the world stock markets. [will the rv/ri occur prior to this meeting?] the meeting is informative but if the rate will be set before or not we do not know in ink yet.
5-10-2014 Intel/Newshound Guru Poppy3 I HAVE BEEN TOLD TODAY SOME FACTIONS ARE TRYING TO HOLD THE CBI AND IMF UP IN THE RELEASE. I DON’T THINK AT THIS POINT THEY WILL BE SUCCESSFUL. ACCORDING TO THE SOURCES THAT GAVE ME THE INFORMATION – THIS CAN POP UP ANYTIME NOW.
5-10-2014 Intel Guru MarkZ ...all the news today is excellent. Things actually do appear to be headed over the rainbow to the little guy and his pot o' gold. [Could this be our week finally!!] I fully expect it to be.
5-10-2014 Intel/Newshound Guru Poppy3 THERE WILL NOT BE A GCR AS MANY...WANT YOU TO BELIEVE. IT HAS ZIP TO DO WITH A RV OF DINAR. YES THERE WILL BE SOME MIDDLE EAST AND SURROUNDING CURRENCIES THAT TRADE DAILY WITH IRAQ THAT WILL HAVE TO ADJUST THEIR CURRENCIES FOR THE PURPOSE OF TRADE WITH IRAQ BUT THERE WILL NOT BE SOME 100 PLUS COUNTRIES ADJUSTING OR RVING THEIR CURRENCIES...
5-10-2014 Newshound Guru Millionday i dont know the date -- i do know that CBI has stated in multiple reports that they are ready for the banking reform to go forward with the step of changing the value and the international rates so now we wait -- they have not said we will have to wait a long time or we wont -- but they have shown a newly gained care for the citizens and their own economic future for the region and for them.
5-10-2014 Intel/Newshound Guru American Contractor In a few weeks, the Development Fund for Iraq (DFI) will expire on 22 May just like it has every year since 2003. There are lien holders, pending litigation and lawsuits against the Iraq governments previous regime. The DFI funds are held in a New York bank and the Ministry of Finance has access to these funds. The DFI account will continue being held in New York until after 22 May and will not be exposed to the numerous liens, lawsuits and creditors. The Iraq government will not risk losing those DFI funds.
5-10-2014 Intel Guru TerryK ...I HAVE BEEN ASKED TO BE QUIET BUT I WANTED TO SHARE SOME NEWS I GOT YESTERDAY…I WAS ADVISED THAT THE CMKX IS ALL READY TO MOVE WITH IN A WEEK …I WAS ALSO TOLD THAT WE ARE TO SEE THIS PRIOR TO THE 15TH. OK SO IM THINKING THAT THIS MAYBE THE WEEK OF THE BLESSING…WHAT I WAS TOLD WAS THEY WANT THIS IN PLACE BEFORE THEY SEAT THE NEW MEMBERS OF THE GOV. NOW I HEARD LAST WEEK THAT THE DINAR WILL GO BY ITS SELF…THE DONG A WEEK LATER...
5-10-2014 Newshound Guru Millionday ...we are waiting on the rates to be set and released for trade --- they have stated that they are in the middle of it so i would think now that the international citizens should be receiving their cards and form of payment and also am looking for the finishing of regulations coming out to the public eye on all issues -- i see nothing that is holding things up so -- the steps we were told about process is what i would say is going on -- so watching for announcements on each of those steps as they occur.
5-10-2014 Intel/Newshound Guru American Contractor The Iraq federal budget for 2014 will continue to be delayed as they wait for the next government to be seated. It is possible that the next seated government will have to work on both the 2014 and 2015 budgets. The next government will have to work harder than they ever have to accomplish this task. Projects in Iraq are suspended or stopped altogether because of the Iraqi Parliament Speaker and the Parliament members failing to pass a federal budget. More delays, not a shocker.
5-10-2014 Newshound Guru Kaperoni ...those who keep posting the dinar will RV/RI or go up in value, today, tomorrow or even within 60 days are nuts. You have a country with close to 1/3 of its demographic controlled by terrorists. These terrorists are destroying the infrastructure, bridges, roads, buildings, electric, waterways and as this article states..they control these banks. You think that the CBI is going to raise the value during all of this? While they still are not in compliance with the IMF? Not happening. I said it over and over, watch the GOI, watch Parliament. The economic reform laws and banking laws need to pass. As well this terrorist issue needs to be resolved. And the CBI needs to meet the conditions set forth within the Article IV Consultation from May 2013. Nothing happens fast in Iraq. Everyone needs to relax and plan for late 2014 at best.
5-10-2014 Intel Guru MarkZ [...are we about to see the RV?] IMO, heck yes we are about to see it. I refuse to give you a timeline but I expect it this month... [tony (Intel Guru TNT Tony) said this will be the best weekend- of our journey!] He will very likely be right.
5-10-2014 Newshound Guru Millionday [On Monday was there not a report that the IMF came out and told the cbi to set a rate?] yes they ordered it to be set by the report we had -- the exchange rate to the USD... in ink. 5-9-2014 Newshound Guru Stryker I have so much faith at this point that the CBI and a newly form government will have what it takes to implement reform...Do not let anyone tell you that everything is done because it is not, we are proving that by the mere actions of the events unfolding in Iraq right now. The real FACTS are pointing us to the truth and the real possibilities of a nice windfall for all [of] us...All of us that have been so bold as to invest in this war torn country, us that have believed in this wealth country called Iraq...
5-9-2014 Intel Guru TNT Tony Everyone around the globe is being quiet today for a reason. I'm feeling SUPERFANTASTIC today and so should you. We should have the best Monday of this entire adventure.
5-9-2014 Newshound Guru Millionday [Has the budget for this yr been voted on for the second time?] the budget is ready to be voted on and they have decided to vote on it sunday with or without the kurds.
5-9-2014 Newshound Guru Tlar It is my opinion that anyone who holds the currency will benefit. I believe the nominal rate is what they will change first (delete the leading zeros) so whatever that turns out to be, that will be the value of the physical dinar. If the nominal rate is changed to one to one, the million dinars you hold will be worth 1 million US before the taxes are paid. For those that hold accounts in Iraq, it is my belief that they will not lose or gain in value. Right or wrong that's my belief.
5-9-2014 Intel Guru Mnt Goat Bad News: Having just said the good news I also have to say I do not believe a word of it. Yes – everything is set to go and can go successfully if they are allowed to continue the RV process to completion...my contact has already told me they intend to once again stall the process...until Maliki’s mandate with the government as prime minister is over on June 14 2014... Do not look for the RV prior to this date. It has nothing to do about the elections other than he knows his days are numbered and he will not get a third term. He is attempting desperately to get his hands on more money. The 2014 budget too will not pass until he is gone... We wait and see what will happen this weekend. [post 2 of 2]
5-9-2014 Intel Guru Mnt Goat Good News: I am being told that from Thursday 5/8 until Sunday 5/11 we are in an excellent window to see the rollout of the revaluation. Note I said revaluation and not reinstatement. As I have said before they are going to trigger off a revaluation using the reinstatement rate from 4/26 and a starting point. I did tell you previously that this might happen and so it is now in play. I am told plans are being made for us to be at the banks next week. This extension given by the IMF bought them some time to reorganize and setup for this process. [post 1 of 2....stay tuned]
5-9-2014 Intel Guru MarkZ [what Defcon level do you put this at right now?] 1 for the next week. [are we looking to a certain individual that will make the announcement for the GCR?] I am yes. It would be irresponsible of me to say who that is though. For the record folks...I do not believe anyone is holding this up any longer. [is it true that the funds for the RI/RV are in Iraq?] I am told the money for the rv exchange US holders is already here. I can't comment on rates. We shouldn't worry about rates though. They look to be great and fair. Let's just focus on DONE. [post 2 of 2]
5-9-2014 Intel Guru MarkZ [seems to me that since the original plan was to have an RV and the Dinar was the linchpin of the GCR, that this has to still come in as an RV and not as an RI. The other countries all signed off on the rates already and were agreed to and it would have to all be redone. We are looking at an RV...?] That is why Maliki pulling the RI stunt forces the RV/reset action. A pain in the ass logistically but a needed push as I see it. [if M is not the new PM, can the new PM rescind the RI when he takes office?] If he could get the CBI to agree but he won't. IMO. [post 1 of 2....stay tuned]
5-9-2014 Newshound Guru Adam Montana [I read...that the Iraq election ballots will take about a month to count and tally. If this is true then would you say that we wont see anything as far a real RV progress until those ballots are fully counted and a new PM is elected?] I think that's a reasonable assumption. Here's something to consider, though: Say things are looking in Maliki's favor, and the opposition starts to get riled up. Maliki calls the RV...That would completely destroy his opponent's chances of any kind of recall or anything else, wouldn't it? [Do you think they will wait to pass the budget until after the new GOI is seated?] No, I don't see too much delay in this process.
5-9-2014 Newshound Guru Kaperoni ...thinking a reduction in auction sales means they are about to raise the value of the dinar. Wrong! The CBI is not compliant with the IMF. Until they prove they can do what is asked of them (via the Article IV Consultation) the CBI is not moving to Article VIII nor a new exchange regime. The recent statement that said "mid year" or June does not imply a change in value of the dinar, but compliance with the IMF. Nothing more. If the CBI meets that goal of mid year or June, we still need laws to be passed for economic and banking reform. There is much to be done yet before we can hope for an increase in the value of the dinar. [post 2 of 2]
5-9-2014 Newshound Guru Kaperoni Article: "Decline in central bank sales of dollar at the end of the auction week" We will have to wait and see if they remain low. It makes no sense when these banks are currently nothing more than money exchangers so commissions are important to them. We can guess that the issuance of new dinar may have curbed some desire to use dollars in the market. But the Iraqi economy still needed dollars for imports. Why they are low is anyone's guess but these auctions are important to maintain the exchange rate and...to reduce the spread from Official Rate to Market Rate. If anything, I was expecting the number of banks and money exchangers participating to increase over the coming weeks - not decrease. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz31p2vcZJR
5-8-2014 Intel Guru Angelquest [any chance we will be done by June 5?] WE can hope but much being processed. [do you see this going to the 15th?] that is a good date but a lot needs to happen by then. [has iraq grown enough to support a rate any where close to an r/i ?] Yes they have and well beyond.
5-8-2014 Intel Guru MarkZ [Where do you feel we stand on the HCL agreement and article 140?] I think it is already done and we will see the 'announcements' shortly. [Do you feel the HCL agreement is more important than article 140 or they hold the same importance?] same in my book. [Forex banker says everything agreed upon today and it should go down today yet...Scale of 1 to 10. Chances?] 5 today but much higher tomorrow IMO. Weekends make the logistics much easier. That is only an educated opinion though.
5-8-2014 Newshound Guru Tlar We should get what ultimately will be definitive results on a preliminary release from the Election Committee on Monday. There was a 70% turnout of eligible voters in Abar and a 77% turned out in Basra. Iran who tried to once again get Iraq to pick Maliki for a third term by pressuring the blocks last week to back him has found that their push has fallen on deaf ears.
5-8-2014 Newshound Guru Adam Montana [...what else Iraq is waiting on to finally declare a new rate for their currency. Iraq was released from Chapter 7 last June. We thought once we got into 2014 something would happen.] Chapter 7 was a major hurdle and that is cleared. We're simply waiting for the elections to be finalized, an HCL resolution, and an RV!
5-8-2014 Intel/Newshound Guru Poppy3 I HAVE BEEN TOLD TODAY SOME FACTIONS ARE TRYING TO HOLD THE CBI AND IMF UP IN THE RELEASE. I DON'T THINK AT THIS POINT THEY WILL BE SUCCESSFUL ACORDING TO THE SOURCES THAT GAVE ME THE INFORMATION THAT IT CAN POP UP AT ANYTIME NOW.
5-8-2014 Newshound Guru Tlar The first article indicated they were waiting on the GOVERNMENT ELECTIONS TO BE SETTLED. It also said WE ARE READY to delete the zeroes. He also said that it is imperative that Iraq be prepared BEFORE HAND (not a float) to change the accounting systems in Iraq. The second article from Turki stated WE ARE READY and WE WILL DO THIS BY THE MIDDLE OF THIS YEAR. Next week should be a good week. If as expected Maliki is out, we should see movement fast...we ARE close. [post 2 of 2]
5-8-2014 Newshound Guru Tlar There is a move a foot to get the budget passed by next week. The stopper we know is the Kurds but once the votes come in next week it is my opinion that the present parliament will negotiate, read and vote on the budget quickly. Since Friday Turki has talked to the press now twice. What he stated is astronomical to me for a guy who has said virtually nothing about this project for so long. [post 1 of 2....stay tuned]
5-8-2014 Intel Guru TD First of all there has been NO RI or any rates appearing at "select countries" or banks. Second, a new government will be formed (without Maliki) shortly after May 26th. 3rd) Turki is staying on no matter what and the CBI has agenda items to rollout in June. One can only hope that currency reform in some form or another is on the list...
5-8-2014 Intel Guru MarkZ [is it time 4 rv now?] I am looking for it soon! [do you feel the rate will come out at 1-1 or will the rate be the prewar rate of 3.22 plus inflation?] I have been cautioned against giving any kind of rate. I expect higher than a dollar though. [are rates still showing on the bank screens?] Three bankers I spoke with today said yes, Two said no. 4 different banks total. [do you think this will occur early mornings or in the day est time?] early morning is easier logistically.
5-8-2014 Newshound Guru Adam Montana [...news article states they are inviting parliament members to work on the budget in the next 2 days. The article was dated 5 May. Other news articles state working on the budget in the next month. ...opinion?] My opinion is that it needs to be done soon, they want it to be done soon, but it's probably going to be a little late. Anytime they say "2 days" I automatically adjust to "1 week". : )
5-8-2014 Newshound Guru Stryker All road maps seem to be leading to economic reform and a major change in the monetary structure of the Iraqi dinar but keep in mind that it is Iraq we are dealing with and anything can happen to change this course. Where I believe there is a well-defined plan in place, some great leaders to see it through and some solid coalitions in agreement to get them there I urge everyone to be casually optimistic but if what I point out here day comes to true we will be having an early July RVQ [RV?].
5-8-2-14 Intel Guru MarkZ [Who is ultimately responsible for the approval and final release of a currency release to the international community? IMF, Iraq, US, someone else?] As I understand it the IMF will release it to regional level and once the controller of the north american banking block pulls the trigger then the world will acknowledge the reset. [today someone indicated WF was showing dinar, Zim, VND, rupiah at the screens on hold..your thoughts?] Highly likely, I spoke with some other bankers that said they had a rate showing. [what is the end date for this to go? Is it this month?] I believe it to be this month. [vnd, zim, rupiah all with dinar?] I am looking for them at the same time.
5-8-2-14 Intel Guru MarkZ Iraq is supposed to release it's budget tomorrow [Thursday] which we expect to hold the new rate. [what proof do we have the there was actually an RI in Iraq? And, if there was an RI how long can it go one until an rv is triggered for us in the US?] Multiple confirmations on RI. The problem is a country can RI or even rv internally and the rest of the world does not have to acknowledge it. Especially when the currency is not internationally recognized. The key here is for the IQD to become an internationally recognized currency and then the RI or rv surfaces everywhere. [post 1 of 2....stay tuned] 5-7-2014 Intel/Newshound Guru Poppy3 I REPORTED LAST EVENING...THAT I AM GETTING DETAILS FROM SOLID SOURCES THAT A MOVE IS IN PROCESS AND THE TARGET IS FOR THIS WEEK TO GET IT DONE. THEY HAVE NOW TOLD ME THIS 4 DIFFERENT TIMES FROM 4 SEPARATE SOURCES.
5-7-2014 Newshound Guru Millionday lately we have seen so many announcements about the activation of the economic reforms...we are wondering when they are going to quit talking and make a move...lets look at what has been said. the IMF has ordered publicly that CBI needs to set the rate for the USD - now we know that the USD is the world currency and the comparable happens internationally...it is seen on the CBI site at the bottom at this time - the Swift codes have been set and include exchange houses...yesterday -- Turki made an announcement that he was going to move forward with all economic reforms – publicly...Turki also stated that he was moving forward with or without the budget set...they have hired someone from the UN that is working to get them to an active status quicker than they normally would be able to do so the economy can recover quicker. Iraq is coming to the globe and making all the moves and announcements we would expect...
5-7-2014 Intel Guru TNT Tony [via Adept1] At this moment, we are at a very sensitive position, so we have to be careful in what we are going to say. I’m telling you that upfront. I’m excited...We are now on the ½” line...the button just needs to be pushed to let it go. It’s just about notification. The RI itself has been declared and accepted; there is no turning back from that. [Do you believe the dong will go at the same time?] There is a strong possibility, and also it may not. Six months ago, even three months ago it was definite; now, we’ll just have to see.
5-7-2014 Newshound Guru Adam Montana [How can they raise the value of the Dinar, when they don't have low enough value coins too make change?] The answer is pretty simple - they use USD as well as IQD. If they decided to increase the value to a point where there isn't IQD available to make change, they would substitute USD instead. I'm confident that when they do raise the value, they will be focused on flooding the market with lower denoms and also pulling the larger ones out. It shouldn't be a difficult transition.
5-7-2014 Intel Guru Okie_Oil_Man MY SOURCE'S FROM LAST NIGHT REPORTING WE ARE ON THE HIGHEST ALERT JUST RE-STATED THE SAME INFORMATION.
5-7-2014 Intel Guru Frank26 AGAIN today within the articles of the SBS they are lacking in subtle attitudes. They are TELLING us and soon will SHOW us ...An International Rate.
5-7-2014 Intel Guru Mnt Goat the reinstatement does not really matter in the eyes of who is really controlling the rollout. It was an attempt by the IMF and Iraq to bypass the USA in this process but without any success...the new rates are at the banks! All we need is one simple word – GO – and it is done. We will see the long awaited revaluation of the IQD (Iraq’s currency). I will tell you now it is the plan of the USA not to rollout a reinstatement rate but to come out with a revaluation rate sometime. I have heard it could even be as long as mid June 2014. But this is only a date thrown out to us as any date since in their real intention they have to end date. They will attempt to keep stalling the reinstatement with more excuses...
5-7-2014 Intel Guru TNT Tony Lots of good info yesterday and today. Things are in our favor right now.
5-7-2014 Newshound Guru Adam Montana ...we are simply in a holding pattern right now. The good news is that Iraq has reported all 165,000 “remote” votes have been accounted for and it is reported that they should be entered within the next couple days. In some MAJOR news, Iraq is finally allowing 3G to enter the arena…hopefully in preparation for a massive need for updated communication systems! And the holding pattern continues… but with any luck, we’re looking for strong news this week or early next.
5-7-2014 Intel/Newshound Guru Poppy3 I got a call and he told me they are trying to move things forward no matter what the political situation. We could see this RV at any time in the next few days, he mentioned hours. This may be a rumor but he is in a position to have some good information. I know they are working to get this done. We are in a great postion.
5-7-2014 Newshound/Intel Guru BGG I think the tides have shifted a little bit. I think it could happen at any time...it has not RI'ed by the way, not going to do that. But, they are going to do something. I don't know what it is and I don't know when it is, but I believe sooner rather than later. The bottom line is we don't even have to worry about the rate...let's just get this party started.
5-7-2014 Intel Guru Hub ...i have a good contact that says he thinks this is a very good couple of days. we shall see.
5-7-2014 Intel/Newshound Guru Poppy3 I CAN'T DIVULGE THE DIRECT INFORMATION OR WHERE IT CAME FROM BUT HEARING THE NEXT 48 HOURS COULD PROVE TO BE AWESOME FOR US. BEING TOLD THIS CAN BE DONE REGARDLESS OF ANY POLITICAL SITUATION. THEY WANT THIS NOW NOT LATER. THE QUESTION IS CAN THEY DO IT BEFORE THE POLITICAL
SITUATION CAN FIND SOME WAY TO STOP THE PROCESS. TIME WILL TELL.
5-7-2014 Intel Guru WILDDUCK PULL YOUR CHIN STRAP TIGHT ON YOUR HELMET. STAY CALM AND OH YEAH YOU MIGHT WANT TO GET YOUR TRACK SHOES AT THE READY. [any thing more on RI in spain, australia etc.?] THE SPAIN INTEL IS MINE... AND PROOF OF ACCEPTANCE, IMO REAL AS THE SUN THIS MORNING AND WAS AND IS A GAME CHANGER THAT YOU ARE SEEING UNFOLD BEFORE YOUR EYES...IT IS PROOF OF AN RI NOT A PAYDAY. 5-6-2014 Newshound Guru Millionday Article quote: "the Central Bank of Iraq is a sponsor and an observer of the banks operating in Iraq. And the project to delete the zeros of the central bank governor said that the new measures will be there by the middle of this year, the bank raised about the new currency and the deletion of zeros, indicating that the bank has a very large mass of cash." so the process of the citizens not having available to them the three zero currency is going to be done by the middle of the year --- so they will have to gain confidence in the banks...
5-6-2014 Intel Guru Okie_Oil_Man I AM NOT PERMITTED TO STATE DETAILS BUT WE ARE ON RED-ALERT--(DEFCON2)--WILL ELABORATE WHEN PERMITTED.
5-6-2014 Newshound Guru Millionday [So possibly we could see this by this weekend?] we could see this at anytime - the announcement was a public one. [we can see it at any time AFTER budget passed correct?] no we could see it at anytime at all. i have read from all the sources i trust that this parliament will be passing the budget within days -- this report states two and they have also stated that it is the only thing they are doing and began yesterday with meetings on it and are now stating they are voting it through. [when was the public IMF announcement?] the announcement meaning both the CBI on the banking and the setting of the rates was done...MONDAY... no rate given...in ink.
5-6-2014 Intel Guru MarkZ [we wont have to wait till july will we?] As I see it, heck no to July. [is the RI really live in spain?] I can't comment on Spain because I do not have contacts there. The rates were showing over the weekend and yesterday at a bank in London where I have a contact and also in Dubai where I have a contact. My Hong Kong contact never responded so I am unsure about there.
5-6-2014 Newshound Guru Millionday so what we have is the order from the IMF to set the rates external -- this means the USD so the rates for foreign exchange can reflect them...this is fantastic news. [If the dinar is against the dollar does that mean a 1-1 rate?] no --- they will set the reality rate as it calculates...they have told them to do this now -- whatever that means as we have learned...however they have stated the steps that they needed to make to get to this point are done. [post 2 of 2]
5-6-2014 Newshound Guru Millionday "where the Bulletin of the IMF delegation during their visit to Iraq recently and within this context has succeeded Central also in the collection of reserves at a high level of foreign exchange, so it is fixing the exchange rate of the Iraqi dinar against the dollar the U.S. ordered appropriate and required at the current stage." they have been ordered to set the exchange rate to the usd... [post 1 of 2....stay tuned]
5-6-2014 Intel Guru Jester [I still have not seen a RI in any news other than Dinarland, yet they are all so sure it happened. What's up with that?] WELL I BELIEVE THAT IS EXACTLY WHERE THAT MYTHICAL CREATURE EXISTS...IF THERE WAS SOME REAL NEWS IT WOULD BE IN THE REAL NEWS... THAT WOULD BE WAY TOO BIG OF AN ANNOUNCEMENT FOR THE BIGGIES TO MISS.
5-6-2014 Intel/Newshound Guru American Contractor The new Iraq banknotes that have been recently announced by the Central Bank of Iraq have yet to hit the streets of Baghdad. Currently, there is no evidence of any new Iraq currency banknotes with the enhanced security features in circulation. [Aren’t they going in the wrong direction by printing larger denominations?] The Central Bank is going to do whatever it takes to protect the value of the Iraq dinar and keep the stability of the purchasing power. The Iraq government is fighting a conflict in the Anbar province and costing millions per day. The inflation is creeping up and the Central Bank is trying to keep a handle on the inflation which it is at the moment.
5-6-2014 Newshound Guru Tlar I haven’t said anything like this ever and yes I believe what I heard today. What I heard today, while being sworn to secrecy compels me to share with you guys. We will all be surprised with what’s coming, especially me. I would never have believed it if it had not come from someone I know personally, has the credentials and is not a rumor monger or bull-shitter. I respect this person. So here it is. Sometime in the next two months this will be over. The dinar will revalue and the truth will be known to all. I can’t say more but I was wrong on the value. It is more than delete the zeros, or 86 cents...I am sure its done. This could happen at anytime from this weekend through the next 60 days… It’s done. I was a fool in trying to figure this out numerically. It is more than I thought.
5-6-2014 Intel Guru DC Frankly, things look immensely close, and we don’t want to risk putting out some information and then people use that as an excuse to delay this even longer. Everyone’s in lockdown, ready to go, and we’re not going to be the guys to mess that up. Things are extremely geared up and looking immensely positive. The IMF and UST are on lockdown. Everything has been done and we are waiting for execution now. 5-5-2014 Intel Guru TNT Tony [via Adept1] We know things are going on behind closed doors from people involved in the process. I feel very good about it, and the RV can happen any moment. We are still in a super-fantastic place. We have an RI...and there has been no attempt to rescind it because it’s already been signed off... we are down to the last minute...it’s just about announcing it...
5-8-2014 Intel Guru MarkZ [Where do you feel we stand on the HCL agreement and article 140?] I think it is already done and we will see the 'announcements' shortly. [Do you feel the HCL agreement is more important than article 140 or they hold the same importance?] same in my book. [Forex banker says everything agreed upon today and it should go down today yet...Scale of 1 to 10. Chances?] 5 today but much higher tomorrow IMO. Weekends make the logistics much easier. That is only an educated opinion though.
5-8-2014 Newshound Guru Tlar We should get what ultimately will be definitive results on a preliminary release from the Election Committee on Monday. There was a 70% turnout of eligible voters in Abar and a 77% turned out in Basra. Iran who tried to once again get Iraq to pick Maliki for a third term by pressuring the blocks last week to back him has found that their push has fallen on deaf ears.
5-8-2014 Newshound Guru Adam Montana [...what else Iraq is waiting on to finally declare a new rate for their currency. Iraq was released from Chapter 7 last June. We thought once we got into 2014 something would happen.] Chapter 7 was a major hurdle and that is cleared. We're simply waiting for the elections to be finalized, an HCL resolution, and an RV!
5-8-2014 Intel/Newshound Guru Poppy3 I HAVE BEEN TOLD TODAY SOME FACTIONS ARE TRYING TO HOLD THE CBI AND IMF UP IN THE RELEASE. I DON'T THINK AT THIS POINT THEY WILL BE SUCCESSFUL ACORDING TO THE SOURCES THAT GAVE ME THE INFORMATION THAT IT CAN POP UP AT ANYTIME NOW.
5-8-2014 Newshound Guru Tlar The first article indicated they were waiting on the GOVERNMENT ELECTIONS TO BE SETTLED. It also said WE ARE READY to delete the zeroes. He also said that it is imperative that Iraq be prepared BEFORE HAND (not a float) to change the accounting systems in Iraq. The second article from Turki stated WE ARE READY and WE WILL DO THIS BY THE MIDDLE OF THIS YEAR. Next week should be a good week. If as expected Maliki is out, we should see movement fast...we ARE close. [post 2 of 2]
5-8-2014 Newshound Guru Tlar There is a move a foot to get the budget passed by next week. The stopper we know is the Kurds but once the votes come in next week it is my opinion that the present parliament will negotiate, read and vote on the budget quickly. Since Friday Turki has talked to the press now twice. What he stated is astronomical to me for a guy who has said virtually nothing about this project for so long. [post 1 of 2....stay tuned]
5-8-2014 Intel Guru TD First of all there has been NO RI or any rates appearing at "select countries" or banks. Second, a new government will be formed (without Maliki) shortly after May 26th. 3rd) Turki is staying on no matter what and the CBI has agenda items to rollout in June. One can only hope that currency reform in some form or another is on the list...
5-8-2014 Intel Guru MarkZ [is it time 4 rv now?] I am looking for it soon! [do you feel the rate will come out at 1-1 or will the rate be the prewar rate of 3.22 plus inflation?] I have been cautioned against giving any kind of rate. I expect higher than a dollar though. [are rates still showing on the bank screens?] Three bankers I spoke with today said yes, Two said no. 4 different banks total. [do you think this will occur early mornings or in the day est time?] early morning is easier logistically.
5-8-2014 Newshound Guru Adam Montana [...news article states they are inviting parliament members to work on the budget in the next 2 days. The article was dated 5 May. Other news articles state working on the budget in the next month. ...opinion?] My opinion is that it needs to be done soon, they want it to be done soon, but it's probably going to be a little late. Anytime they say "2 days" I automatically adjust to "1 week". : )
5-8-2014 Newshound Guru Stryker All road maps seem to be leading to economic reform and a major change in the monetary structure of the Iraqi dinar but keep in mind that it is Iraq we are dealing with and anything can happen to change this course. Where I believe there is a well-defined plan in place, some great leaders to see it through and some solid coalitions in agreement to get them there I urge everyone to be casually optimistic but if what I point out here day comes to true we will be having an early July RVQ [RV?].
5-8-2-14 Intel Guru MarkZ [Who is ultimately responsible for the approval and final release of a currency release to the international community? IMF, Iraq, US, someone else?] As I understand it the IMF will release it to regional level and once the controller of the north american banking block pulls the trigger then the world will acknowledge the reset. [today someone indicated WF was showing dinar, Zim, VND, rupiah at the screens on hold..your thoughts?] Highly likely, I spoke with some other bankers that said they had a rate showing. [what is the end date for this to go? Is it this month?] I believe it to be this month. [vnd, zim, rupiah all with dinar?] I am looking for them at the same time.
5-8-2-14 Intel Guru MarkZ Iraq is supposed to release it's budget tomorrow [Thursday] which we expect to hold the new rate. [what proof do we have the there was actually an RI in Iraq? And, if there was an RI how long can it go one until an rv is triggered for us in the US?] Multiple confirmations on RI. The problem is a country can RI or even rv internally and the rest of the world does not have to acknowledge it. Especially when the currency is not internationally recognized. The key here is for the IQD to become an internationally recognized currency and then the RI or rv surfaces everywhere. [post 1 of 2....stay tuned] 5-7-2014 Intel/Newshound Guru Poppy3 I REPORTED LAST EVENING...THAT I AM GETTING DETAILS FROM SOLID SOURCES THAT A MOVE IS IN PROCESS AND THE TARGET IS FOR THIS WEEK TO GET IT DONE. THEY HAVE NOW TOLD ME THIS 4 DIFFERENT TIMES FROM 4 SEPARATE SOURCES.
5-7-2014 Newshound Guru Millionday lately we have seen so many announcements about the activation of the economic reforms...we are wondering when they are going to quit talking and make a move...lets look at what has been said. the IMF has ordered publicly that CBI needs to set the rate for the USD - now we know that the USD is the world currency and the comparable happens internationally...it is seen on the CBI site at the bottom at this time - the Swift codes have been set and include exchange houses...yesterday -- Turki made an announcement that he was going to move forward with all economic reforms – publicly...Turki also stated that he was moving forward with or without the budget set...they have hired someone from the UN that is working to get them to an active status quicker than they normally would be able to do so the economy can recover quicker. Iraq is coming to the globe and making all the moves and announcements we would expect...
5-7-2014 Intel Guru TNT Tony [via Adept1] At this moment, we are at a very sensitive position, so we have to be careful in what we are going to say. I’m telling you that upfront. I’m excited...We are now on the ½” line...the button just needs to be pushed to let it go. It’s just about notification. The RI itself has been declared and accepted; there is no turning back from that. [Do you believe the dong will go at the same time?] There is a strong possibility, and also it may not. Six months ago, even three months ago it was definite; now, we’ll just have to see.
5-7-2014 Newshound Guru Adam Montana [How can they raise the value of the Dinar, when they don't have low enough value coins too make change?] The answer is pretty simple - they use USD as well as IQD. If they decided to increase the value to a point where there isn't IQD available to make change, they would substitute USD instead. I'm confident that when they do raise the value, they will be focused on flooding the market with lower denoms and also pulling the larger ones out. It shouldn't be a difficult transition.
5-7-2014 Intel Guru Okie_Oil_Man MY SOURCE'S FROM LAST NIGHT REPORTING WE ARE ON THE HIGHEST ALERT JUST RE-STATED THE SAME INFORMATION.
5-7-2014 Intel Guru Frank26 AGAIN today within the articles of the SBS they are lacking in subtle attitudes. They are TELLING us and soon will SHOW us ...An International Rate.
5-7-2014 Intel Guru Mnt Goat the reinstatement does not really matter in the eyes of who is really controlling the rollout. It was an attempt by the IMF and Iraq to bypass the USA in this process but without any success...the new rates are at the banks! All we need is one simple word – GO – and it is done. We will see the long awaited revaluation of the IQD (Iraq’s currency). I will tell you now it is the plan of the USA not to rollout a reinstatement rate but to come out with a revaluation rate sometime. I have heard it could even be as long as mid June 2014. But this is only a date thrown out to us as any date since in their real intention they have to end date. They will attempt to keep stalling the reinstatement with more excuses...
5-7-2014 Intel Guru TNT Tony Lots of good info yesterday and today. Things are in our favor right now.
5-7-2014 Newshound Guru Adam Montana ...we are simply in a holding pattern right now. The good news is that Iraq has reported all 165,000 “remote” votes have been accounted for and it is reported that they should be entered within the next couple days. In some MAJOR news, Iraq is finally allowing 3G to enter the arena…hopefully in preparation for a massive need for updated communication systems! And the holding pattern continues… but with any luck, we’re looking for strong news this week or early next.
5-7-2014 Intel/Newshound Guru Poppy3 I got a call and he told me they are trying to move things forward no matter what the political situation. We could see this RV at any time in the next few days, he mentioned hours. This may be a rumor but he is in a position to have some good information. I know they are working to get this done. We are in a great postion.
5-7-2014 Newshound/Intel Guru BGG I think the tides have shifted a little bit. I think it could happen at any time...it has not RI'ed by the way, not going to do that. But, they are going to do something. I don't know what it is and I don't know when it is, but I believe sooner rather than later. The bottom line is we don't even have to worry about the rate...let's just get this party started.
5-7-2014 Intel Guru Hub ...i have a good contact that says he thinks this is a very good couple of days. we shall see.
5-7-2014 Intel/Newshound Guru Poppy3 I CAN'T DIVULGE THE DIRECT INFORMATION OR WHERE IT CAME FROM BUT HEARING THE NEXT 48 HOURS COULD PROVE TO BE AWESOME FOR US. BEING TOLD THIS CAN BE DONE REGARDLESS OF ANY POLITICAL SITUATION. THEY WANT THIS NOW NOT LATER. THE QUESTION IS CAN THEY DO IT BEFORE THE POLITICAL
SITUATION CAN FIND SOME WAY TO STOP THE PROCESS. TIME WILL TELL.
5-7-2014 Intel Guru WILDDUCK PULL YOUR CHIN STRAP TIGHT ON YOUR HELMET. STAY CALM AND OH YEAH YOU MIGHT WANT TO GET YOUR TRACK SHOES AT THE READY. [any thing more on RI in spain, australia etc.?] THE SPAIN INTEL IS MINE... AND PROOF OF ACCEPTANCE, IMO REAL AS THE SUN THIS MORNING AND WAS AND IS A GAME CHANGER THAT YOU ARE SEEING UNFOLD BEFORE YOUR EYES...IT IS PROOF OF AN RI NOT A PAYDAY. 5-6-2014 Newshound Guru Millionday Article quote: "the Central Bank of Iraq is a sponsor and an observer of the banks operating in Iraq. And the project to delete the zeros of the central bank governor said that the new measures will be there by the middle of this year, the bank raised about the new currency and the deletion of zeros, indicating that the bank has a very large mass of cash." so the process of the citizens not having available to them the three zero currency is going to be done by the middle of the year --- so they will have to gain confidence in the banks...
5-6-2014 Intel Guru Okie_Oil_Man I AM NOT PERMITTED TO STATE DETAILS BUT WE ARE ON RED-ALERT--(DEFCON2)--WILL ELABORATE WHEN PERMITTED.
5-6-2014 Newshound Guru Millionday [So possibly we could see this by this weekend?] we could see this at anytime - the announcement was a public one. [we can see it at any time AFTER budget passed correct?] no we could see it at anytime at all. i have read from all the sources i trust that this parliament will be passing the budget within days -- this report states two and they have also stated that it is the only thing they are doing and began yesterday with meetings on it and are now stating they are voting it through. [when was the public IMF announcement?] the announcement meaning both the CBI on the banking and the setting of the rates was done...MONDAY... no rate given...in ink.
5-6-2014 Intel Guru MarkZ [we wont have to wait till july will we?] As I see it, heck no to July. [is the RI really live in spain?] I can't comment on Spain because I do not have contacts there. The rates were showing over the weekend and yesterday at a bank in London where I have a contact and also in Dubai where I have a contact. My Hong Kong contact never responded so I am unsure about there.
5-6-2014 Newshound Guru Millionday so what we have is the order from the IMF to set the rates external -- this means the USD so the rates for foreign exchange can reflect them...this is fantastic news. [If the dinar is against the dollar does that mean a 1-1 rate?] no --- they will set the reality rate as it calculates...they have told them to do this now -- whatever that means as we have learned...however they have stated the steps that they needed to make to get to this point are done. [post 2 of 2]
5-6-2014 Newshound Guru Millionday "where the Bulletin of the IMF delegation during their visit to Iraq recently and within this context has succeeded Central also in the collection of reserves at a high level of foreign exchange, so it is fixing the exchange rate of the Iraqi dinar against the dollar the U.S. ordered appropriate and required at the current stage." they have been ordered to set the exchange rate to the usd... [post 1 of 2....stay tuned]
5-6-2014 Intel Guru Jester [I still have not seen a RI in any news other than Dinarland, yet they are all so sure it happened. What's up with that?] WELL I BELIEVE THAT IS EXACTLY WHERE THAT MYTHICAL CREATURE EXISTS...IF THERE WAS SOME REAL NEWS IT WOULD BE IN THE REAL NEWS... THAT WOULD BE WAY TOO BIG OF AN ANNOUNCEMENT FOR THE BIGGIES TO MISS.
5-6-2014 Intel/Newshound Guru American Contractor The new Iraq banknotes that have been recently announced by the Central Bank of Iraq have yet to hit the streets of Baghdad. Currently, there is no evidence of any new Iraq currency banknotes with the enhanced security features in circulation. [Aren’t they going in the wrong direction by printing larger denominations?] The Central Bank is going to do whatever it takes to protect the value of the Iraq dinar and keep the stability of the purchasing power. The Iraq government is fighting a conflict in the Anbar province and costing millions per day. The inflation is creeping up and the Central Bank is trying to keep a handle on the inflation which it is at the moment.
5-6-2014 Newshound Guru Tlar I haven’t said anything like this ever and yes I believe what I heard today. What I heard today, while being sworn to secrecy compels me to share with you guys. We will all be surprised with what’s coming, especially me. I would never have believed it if it had not come from someone I know personally, has the credentials and is not a rumor monger or bull-shitter. I respect this person. So here it is. Sometime in the next two months this will be over. The dinar will revalue and the truth will be known to all. I can’t say more but I was wrong on the value. It is more than delete the zeros, or 86 cents...I am sure its done. This could happen at anytime from this weekend through the next 60 days… It’s done. I was a fool in trying to figure this out numerically. It is more than I thought.
5-6-2014 Intel Guru DC Frankly, things look immensely close, and we don’t want to risk putting out some information and then people use that as an excuse to delay this even longer. Everyone’s in lockdown, ready to go, and we’re not going to be the guys to mess that up. Things are extremely geared up and looking immensely positive. The IMF and UST are on lockdown. Everything has been done and we are waiting for execution now. 5-5-2014 Intel Guru TNT Tony [via Adept1] We know things are going on behind closed doors from people involved in the process. I feel very good about it, and the RV can happen any moment. We are still in a super-fantastic place. We have an RI...and there has been no attempt to rescind it because it’s already been signed off... we are down to the last minute...it’s just about announcing it...
5-5-2014 Intel Guru TNT Tony [via Adept1] We know things are going on behind closed doors from people involved in the process. I feel very good about it, and the RV can happen any moment. We are still in a super-fantastic place. We have an RI...and there has been no attempt to rescind it because it’s already been signed off... we are down to the last minute...it’s just about announcing it...
5-5-2014 Intel/Newshound Guru American Contractor There have been reports that the Prime Minister, Nuri Maliki departed Iraq and went to Iran. This is not true, PM Maliki has remained in Iraq to coordinate and organize the next Iraq government.
5-5-2014 Intel Guru WILDDUCK ...THE RI DID OCCUR...THEY FIXED THE GLITCH PROBLEM...THE RI WAS RECOGNIZED AROUND THE WORLD LAST WEEK AND ONE OF MY VERY GOOD PROVIDERS...TEXTED ME THAT IT RI IN SPAIN TODAY. IT IS NOW A TRADABLE CURRENCY AND 10 DAYS FROM THE EVENT SO GOING TO BE REAL HARD TO NOT SEE IT NOW. IMO TIMING OF THE EVENT SO WE SHALL SEE WHAT THE WIND UP IS AS THE DAY ROLLS. [is the range of ri 3.00?] IMO PLUS APPRECIATION...THE 3.22 IS THE LAST GOOD NUMBER WHEN THEY CRUSHED DURING THE WAR, SO THAT IS THE START RATE.
5-5-2014 Intel Guru Mnt Goat From everything I am hearing I fully expect to see the final completion of the process this week and all of us be at the banks and exchanged.
5-5-2014 Intel Guru Delta FROM IRAQIA TV: CBI WILL TAKE NEW MEASURES BY MIDDLE OF THIS YEAR TO INTRODUCE NEW CURRENCY (LDS) AND DELETE THE ZEROS.
5-5-2014 Intel Guru MarkZ ...I feel more than confident that this is our month no matter what.
5-5-2014 Newshound Guru Shredd for me, the part of the current picture that is unknown for how long it will continue is the usage of the USD but it makes sense we don't know this because knowing the plan around the usage of the USD would tell us the plan of the dinar denominationally speaking, the Iraqi economy needs reliable and practical currency notes and for now, Iraq continues to be a dual currency country something the IMF wants them to get out of. I really look at all of these preparations as fact that a monetary change is coming soon. [part 2 of 2]
5-5-2014 Newshound Guru Shredd [Shredd how does a country grow the gdp last year to around 13% and still have a rate at 1166?] that is the nature of a managed float, it's not reflective of what the rate can and should be...it's all about timing to CBI. [does that mean they can...keep the rate at 1166 for a long time?] they have to mitigate counterfeiting, ensure banking laws are in place, launch the removal of the large notes, release the mid and (eventually) the smalls, they need to be fully compliant with the IMF...technically, sure but it's quite obvious they have been building and planning otherwise...if the plan was to stay at 1166 for a while longer, the CBI would be releasing new 000 notes but tons of articles are saying the middle notes. [post 1 of 2....stay tuned]
5-5-2014 Intel/Newshound Guru American Contractor The official election results will not be published before the 25th of May. Iraq political groups will attempt to publish results however, it is the Iraq Electoral Commission who has the final say.
5-5-2014 Newshound Guru Kaperoni Article: "Commission: We will announce the preliminary results of the elections after the "25" of May" Pretty clearly stated after the 25th. Sit tight and relax. 5-4-2014 Newshound Guru Kaperoni this is a speculative investment of the highest kind...but my faith is that the CBI is following the directive of the IMF. In the last Article IV Consultation (May 2013) the IMF stated at least 3-5 times that the CBI needed to comply and accept Article VIII. Which is what we want for the dinar to rise in value. Here are those quotes..."...with a view to accepting the obligations under Article VIII", "...ultimately complying with Article VIII of the Fund’s Articles of Agreement" & "The CBI is working closely with staff on complying with Article VIII of the Fund’s Articles of Agreement" To me, if the CBI follows through and does this, the dinar will rise in value. And that is a good thing.
5-4-2014 Intel Guru Frank26 M [Maliki] has nothing to do with the MR [Monetary Reform]. As I said he is a delay in the Lava Flow of The MR. The delay is within the time of the election results and his outcome. We wait to see where he Lands. Then GOI sits And God willing The Lava Flow continues without M and the CBI giving the GOI a new rate for the 2014 budget that is beyond late.
5-4-2014 Intel Guru hub if the dinar is not revalued, then all consumer products in iraq will have to be priced to the value of a 25000, 10000, or 5000 dinar price, no way to make change, so the pricing will constantly change, just as did the kuwait dinar, the mexican peso, the german mark, japanese yen, all the african currency, canadian dollar, and the rest of the worlds countries that have changed the value of their money, oh, by the way, they have all changed the value to coexist with the markets of the world, and so will iraq. [You wouldn't know when would you?] in my worthless opinion, and from the currency broker contact, its ready now...he is scratching his head about why its not happened.
5-4-2014 Newshound Guru Aggiedad77 Article: "Parliament intends to set a date for a meeting to discuss the budget passed" There will be discussion over the next couple of days for Parliament to meet to further discuss the budget...the quartet that was formed to reach an agreement on the budget have not done any better than anyone else to date...no agreements have been reached...not sure how legal this is but the Speaker of Parliament Najafi has extended the work of Parliament by one month to June 15...so we continue to wait.
5-4-2014 Newshound Guru chattels CBI : Currency Auction Report *** THERE IS NO CURRENCY AUCTION REPORT SINCE LAST SATURDAY, APRIL 26 TH, ( as 6:51 A.M. EST, 4 May 2014 )... iT DOES APPEAR THAT THE RATE / RATES HAVE BEEN UPDATED THROUGH TODAY : " Indicative rates - 04.05.2014 " [See the Dinar Guru Resource Bar on the left for the official CBI rate.]
5-4-2014 Newshound Guru Millionday [With budget being passed. CBI beginning to move money. Do you think they will move with the new rate and with the Global stock exchange happening on the 15th of this month don't they have to have a reality rate to present the ISX TO the conference?] they have to have a reality rate to release the isx -- no doubt about that ---- the issue of what the value is and how and when they will proceed we do not have in ink. [post 2 of 2]
5-4-2014 Newshound Guru Millionday Article quote: "Qusay al-Suhail, Saturday, that the presidency of the parliament intends to make an appointment during the next two days for a meeting with the heads of political blocs in order to resume the discussion of the draft federal budget and passed." this is to discuss the formed budget...we have multiple points coming out but --- budget is going and agreement is made. tomorrow [Sunday] parliament is having an emergency meeting that is to put the budget through...they are meeting first thing in morn. [post 1of 2....stay tuned]
5-4-2014 Newshound Guru Aggiedad77 Article: "Specialists: accelerating the adoption of the general budget rises infrastructure" One has to wonder about Iraq attempting to accelerate anything much less the budget process...all they are lacking is the second reading and a vote...but can they get this done...will there really be a Parliament session tomorrow and if so will the budget be on the agenda...all the delays of the past four months and heading into the fifth month now are causing economic havoc for the country and its citizens and businesses as well as the many contractors that are working in the country...some politicians may be waking up soon and realize they are out of a job...makes me wonder how many will show up for a Parliament session tomorrow [Sunday].
5-4-2014 Intel Guru MarkZ [r we expecting the rv before or after...Wednesday?] I am more than a little hopeful that it could be before. [might we be seeing updated rates on the CBI and or Forex on Sunday?] If things go very smoothly you could see them. [you claim this "RI" happened (a week ago today), but NOTHING!] I am being told by people I trust in Iraq that Maliki did pull that trigger...time will tell us soon. [Know of any IMF/BIS rule regarding how long a RI can be accomplished before it is revealed?] I was told 10 days. [10 days from the 26th puts us about Monday the 5th.] [when do you think the announcement will come?] I am afraid to say but I think early this week. [are the contract rates limited only to those participating in private placements, or will the public have an opportunity as well?] I am told the general public will be offered something better than the street rate.
5-4-2014 Intel Guru Frank26 THE DFI FUNDS...IMO...HAVE FOUND THEIR WAY TO THE BIS...IMF...WB...AND SOME OTHER PLACES FOR CONTINUAL PROTECTION OF IRAQ'S FUNDS. WE HAVE ALSO LEARNED THAT THERE IS A “PLAN” WITHIN THE GOI ON HOW TO SEAT WITHOUT M [MALIKI] INTERESTING. TEAMS TOLD ME THIS MORNING THAT THINGS ARE MOVING EXTRAORDINARILY FAST RIGHT NOW. MY DESIRE IS THAT THE GOI AND CBI...RAISE THEIR CURRENCY AND THEIR COUNTRY AT THE BEGINNING OF JUNE. NOBODY KNOWS THE DATE...NOBODY KNOWS THE RATE AND ALL OF THIS OF COURSE IS “IMO”.
5-4-2014 Newshound/Intel Guru Randy Koonce Ok here is the Skinny...I cannot give you intel because it is very sensitive at the time...I can say our window of opportunity is from now until Tuesday. If it gets past Tuesday we will not see another window for 30 days. Continue to check the cbi website for the rate change. [Official CBI rate is located in the Dinar Guru resource bar on the left of this page]
5-4-2014 Newshound Guru Kaperoni [Why would lebanon want to come to Iraq not knowing if M [Maliki] would still be PM?] it technically should not matter, their constitution says they will transform to a market economy that is the reason everyone is moving in. 5-3-2014 Newshound/Intel Guru BGG Article: "al-Maliki in Tehran to discuss the developments in the political process and the third term Sat May 03 2014" If Maliki is in Iran already - he knows what the problem is. It sounds like - if they send him packing we could see some resolution to the political scene quickly...I have heard some very astute political "think tanks" here in the US...They don't think he will last much longer.
5-3-2014 Newshound Guru Kaperoni Article: "Iraq elections: Alliance (chest - Hakim) gets 80 seats" It all sounds great but until it's official I am not counting out Maliki. He always seems to come up with something.
5-3-2014 Intel Guru MarkZ The IMF, US, BRIC heck everyone is scrambling because Iraq forced the issue when they moved forward with the RI. [Do you think just the RI rate from Iraq about $3.22 will be released or a full RV/GCR with all the countries?] I think we will see a blending of it. I am THINKING RI for a few days...and then an RV to establish a proper long term value. My opinion only though... [If only an RI of the dinar- sure leaves a lot of VND holders in limbo?] They will go at the same time, no worries. IMO. Most of my other contacts have gone silent which is to be expected here at what appears to be the final hours.
5-3-2014 Newshound Guru Kaperoni Article VIII is required for investment and capital flow, and once they do that, a new exchange regime is required (some kind of float) that would let market forces dictate the rate. You cannot bring in investment, open the capital account and not have some sort of float in place. That is clearly stated in transitional documents. The result would be inflation. So the bottom line is once they go to Article VIII, they can no longer keep the dinar weak. All of these banks, investment agreements, etc. are lining up the transition to create a huge economic boom heard around the world once Iraq passes the laws and open the banking system. [post 2 of 2]
5-3-2014 Newshound Guru Kaperoni Article: "Lebanese banks seeking financial boom in Iraq and check to avoid money laundering" Quote: "did not come to Iraq to engage in dollar tenders organized by the Central Bank through currency auctions," Love that line... In other words, were not here to make 12 dinars per dollar with your currency auctions...we're here to lend and do banking business! This is a sure sign IMO that the banking system and capital account will open soon. And that means compliance and Article VIII...our strongest weapon for the appreciation of the dinar is the market economy. [post 1 of 2....stay tuned]
5-3-2014 Intel Guru MarkZ [I have it confirmed from a great source that this Tony statement is true: "It is sitting on the bank screens right now. Right now they are trying to execute the announcement of it." You agree?] I will step out on a limb. Yes I agree with Tony on that. [Is the 3.22 firm? I have been told rate at time of sanction plus inflation?] We can't answer that without setting ourselves up for legal issues later. I am looking for higher though. IMO. We are in a great place and Maliki calling for the RI has forced a serious fire to be stoked under the US. It appears to be in the final hours. I personally think by the 15th at the latest. 5-2-2014 Intel Guru DC The RI was initiated last Saturday pm/Sunday am and it's an international mandate that everybody must follow. We are beyond the notification timeline to do so.This morning in the Mosque the RI was announced yet again. They announced that they were reinstated and internationally accepted. Everyone is ready...banks/security/BIS/IMF. All have been briefed on last minute changes. The rate was loaded and was live throughout the entire US on all banking screens Wednesday night/ Thursday morning and then it went on administrative hold again...somehow we had a "technical" issue and it makes you highly suspicious. They are addressing it and fixing right now...they are past the point of negotiation. The US is at a place they have to go with rest of the world. Iraq's been generous and had enough. All looks good and the shenanigans are out of the way. It's been curtailed & is now moving forward.
5-2-2014 Newshound Guru Millionday the election results are being counted and will not come out until 20 or 30 days go by - the parliament that is in place will be working until june 14th - the new is to take their place on june 15th. [do we have to wait for the government to be placed before the CBI does its thing?] i dont think we have to be -- we dont know the date but no they do not have to wait.
5-2-2014 Newshound Guru Stryker Turki announces today that the central bank will proceed without hesitation to apply the project raise zeros from the local currency once the political and economic situation is settled in the country. Folks, if you're not excited you are just not paying attention...
5-2-2014 Intel Guru TNT Tony Everybody was ready yesterday. The US officially accepted the rate. Teams were launched across the US. Exact times set for things to happen. We had a live rate...had one of our own people scheduled to CE this morning. Everything was great until there was a "glitch". It was now basically reset this morning. Meetings are going on now and this morning. Things scheduled for later today and tomorrow. The biggest thing was again this morning in the mosque they announced the RI has happened and their currency has been accepted internationally...two weekends in a row. Celebrations are scheduled to begin and announcements sometime between now and Monday. We are in a good place. Things are going in our direction. It's a great day, a great weekend...this is coming to the end.
5-2-2014 Newshound Guru Kaperoni I have never heard of a timeline for caretaker gov. So he can sit and sit and sit until he gets his way (remember even his ad campaign talked about a majority government) which is a consolidation of even more power than he has now. Maliki is not walking away quietly...the only scenario I see that happening is if the other blocs form a conclusive alliance that gives them clear numbers (163 or more) seats. Then the writing may be on the wall. But don't hold your breath. [post 2 of 2]
5-2-2014 Newshound Guru Kaperoni Article: "Parliamentary Legal : Maliki will end his term in mid-June next" quote: "the mandate of Prime Minister Nuri al-Maliki will end in mid-June next , while turning to a caretaker government after the expiration of the mandate ." To funny, he is the caretaker government. Maliki's term may end when Parliament recesses, but the caretaker GOI takes over (which is Maliki) lol. And he will squat until he gets enough seats to form a new GOI. [post 1 of 2....stay tuned]
5-2-2014 Newshound Guru Aggiedad77 Article: "Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation" Interesting news out of Turki and the CBI this morning...especially since it is a Holy day for them...he is quoted as saying the lifting of the 000's will not happen unless there is a need from a political and economic situation in Iraq...that is a pretty bold statement from him that he sees "both" a political situation AND an economic situation being the cause of lifting the 000's...well if the election results put them in a bind like in 2010...AND the fact that they don't have a budget for 2014 STILL...IMO...that sounds like the perfect timing for him to take this action...he also denies that this restructuring of the currency would take place next year...oh that sounds good to me.
5-2-2014 Newshound/Intel Guru BGG If the CBI opens up on Saturday and they have a currency auction with 1166 as a rate then you can be sure it did not RI last Saturday and there was no RI announcement. That will end this whole debate.
5-2-2014 Newshound Guru Chattels Early results show that the Kurds may win 58 seats in the Iraqi parliament, around the same number of seats (57) they won four years ago. Unless the five major Kurdish parties gather under one umbrella and form a strong bloc, they will easily fall victim to Nuri Maliki or any new prime minister who will happily exploit a Kurdish division.
5-2-2014 Intel Guru Jester AT THIS POINT WE ARE ONLY WAITING...THERE IS NOTHING MORE TO SAY...AND I BELIEVE WE ARE CLOSE ANYWAY.
5-2-2014 Newshound Guru Aggiedad77 Article: "Baghdad’s ambassador in Washington: A new stage of cooperation between Iraq and America" Iraq's ambassador to Washington was quoted as saying there will be a new wave of cooperation between Iraq and the US following the elections yesterday...Iraq will work on activating the strategic framework agreement with the US...Iraq will now seek stability and independence...Iraq is looking for assistance from the US in areas of security and stability...for maintaining world peace against all threats to the Iraqi sovereignty.
5-2-2014 Intel/Newshound Guru Poppy3 [Do we believe they have a timelimit window to get this all done?] I DO THINK THEY HAVE SOME SORT OF TIMELINE BUT WITH NO BACK WALL TO COMPLETE THINGS. THEY DO AND HAVE BEEN MOVING IN THE RIGHT DIRECTION FOR SEVERAL WEEKS NOW AND HAVE NEVER SEEMED TO STOP FOR ANYTHING. OUR GOAL IS THEIR GOAL AS I SEE THEM PROGRESS. [post 3 of 3]
5-2-2014 Intel/Newshound Guru Poppy3 HE HAS BEEN A MALIKI SUPPORTER ALL THE WAY AND IF MALIKI IS OUT THEN HE MAY BE REPLACED ALSO VERY SOON. ALSO REMEMBER TURKI HAS TRIED TO RESIGN SEVERAL TIMES IN THE LAST 6 MONTHS. THE CBI IS SHAKY UNTIL THE TURKI SITUATION IS RESOLVED. THAT CAN EFFECT OUR INVESTMENT FOR SURE. WE MUST SEE WHAT TRANSPIRES AND I AM SURE THE IMF, WORLD BANK IS WATCHING EVERY MOVE TO SEE IF HE IS GOING TO REMAIN AS CBI GOVERNOR. [post 2 of 3....stay tuned]
5-2-2014 Intel/Newshound Guru Poppy3 THEY HAD THEIR PARLIAMENT MEETINGS TODAY [THURSDAY]...BUDGET, HCL AND TARIFFS BEING DISCUSSED. THEY WILL MEET AGAIN TOMORROW ON FRIDAY THEIR HOLY DAY. I WILL SAY THIS WITH CONFIDENCE THEY ARE GOING FORWARD REGARDLESS OF VOTER SITUATION. THEY ARE PUSHING THEIR AGENDA AND I BELIEVE THEY ARE WATCHING THE CBI SITUATION IN REGARDS TO TURKIS POSITION BEING RETAINED. [post 1 of 3....stay tuned]
5-2-2014 Newshound Guru Kaperoni [you said that you thought it would be good if Maliki won again. Do you still feel that way?] as a dinar investor, we want a new GOI in a quick manor so they can get back to business and start making decisions, passing laws and moving to a market economy. So in that sense, yes. Do I want Maliki to win? No, but knowing Maliki, he will fight tooth and nail for a third term meaning he will drag this out for months and that is not good for us as investors. [post 2 of 2]
5-2-2014 Newshound Guru Kaperoni Article quote: "The Parliament of Kurdistan Region prepares to hold a regular session to announce Nechirvan Barzani as the Prime Minister for the next Government." The Kurds have their own goverment and PM which is currently being formed at the same time as the Iraqi elections and GOI. It has nothing to do with the GOI or PM for Iraq. [post 1 of 2....stay tuned] 5-1-2014 Intel Guru MarkZ [do you have any knowledge of Iraq have an RI?] I have had multiple people sources and two of them are in Iraq say yes on the RI. I believe now that it is true. My source there said it could take 10 days from the RI. I know that UST went into seclusion for a couple of days following that news though. [Do we still think the Zim will go in the first round?] I am told the zim will rv twice...once to give it a value and again once it is stable. We have no absolutes in this rv game but it looks as good right now as it ever has in the many long years. I am excited, tempered, but very upbeat. [post 2 of 2]
5-1-2014 Intel Guru MarkZ [I am wanting to know if the VND will go with the dinar.] I am told they absolutely will. Both countries hold each other's currencies in reserve. If they go separately one would own the other. [Are we as close as OKIE thinks we are?] If I am right he is a day or so early, I do think worst case is 2 weeks or so. There is a lot happening. I am praying that what we are hearing is correct. [post 1 of 2....stay tuned]
5-1-2014 Newshound Guru Tlar Maliki will try to put on a strong face and pretend this is not over, but he will run in the next 30 days before they seat the new parliament unless he can say something to Hakin that inspires him to make some kind of a deal with Maliki to continue his immunity. Won't happen. Watch for the tail of Maliki's private jet going off the tarmac into the sunset. My best guess is still Chalabi for PM. [post 2 of 2]
5-1-2014 Newshound Guru Tlar There is a new power broker in town. Hakim just declared victory based on the trend he is seeing. Hakim will quickly form a government. He has done his homework and was prepaired for this moment. It will take another week or so before all the votes are counted but it makes no difference, Hakim has won and he knows it. [post 1 of 2....stay tuned]
5-1-2014 Intel/Newshound Guru Poppy3 holiday runs through tomorrow and we need to find out if the kurds oil started flowing and sold today on the market...being told HCL, BUDGET, AND TARIFF'S BEING DISCUSSED IN TODAYS MEETINGS AND WE HOPE TO TO GET A REPORT FROM BAGDAD LATE THIS EVENING IF ANYTHING ENCOURAGING HAPPENS. THE BUDGET AND THE RV ARE IN PLAY TO BE APPROVED AND IMPLEMENTED ASAP ACCORDING TO ALL SOURCES...
5-1-2014 Intel Guru MarkZ I expect us to be done very soon...The good news is multiple "leaks" inside UST see us done soon and I wish I could share just how positive my banking contacts are now. It is getting down right exciting again! [In your opinion have negotiations between the BRIC nations, the IMF and the US prevented the plug from being pulled?] no. Banking entities and politicians trying to use those contacts have kept us delayed. If anything we owe an ENORMOUS thank you to the BRIC nations for being this close at all. I am hearing [Okie] is close to right. I am being told he may be a day premature though [reference Okie's post 5-1-2014].
5-1-2014 Intel Guru Okie_Oil_Man I AM CURRENTLY AWAITING A VERY IMPORTANT ANNOUNCEMENT, DUE THIS EVENING OR IN THE MORNING, THAT WILL AFFECT US ALL POSITIVELY.
5-1-2014 Newshound Guru Aggiedad77 Article: "Parliamentary Finance: a quick session to resolve the budget crisis" The Finance Committee has stated there will be a session of Parliament to meet on Sunday, May 4...to "approve" the General Budget Law...note there is no mention of the second reading, but just the approval of the budget...according to the MP making this announcement there are no remaining conflicts...and there should not be any excuse for not having a quorum.
5-1-2014 Intel Guru Mnt Goat It is now beyond the 72 hour period necessary as specified that all new rates must be rolled out to the public exchanges and be international. Many international laws now have been broken. Having said this I also want to emphasize that there are many more good and honest people working very hard to bring this to completion and abide by all agreements and international laws. I have to tell you the game is coming to an end and will soon be over. [post 2 of 2]
5-1-2014 Intel Guru Mnt Goat ...we may never even see this reinstatement rate and go directly to the revaluation rate when it goes live to the public. My concern now it that I am hearing more delays and excuses to hold it up even longer. Time and time again the USA has broken all agreements. Now that Iraq has officially reinstated their currency as of Saturday April 26, 2014 this situation now has grown to yet a new level. Now there are other legal agreements and international laws being disregarded. This is now elevated to a very, very serious level. [post 1 of 2....stay tuned]
5-1-2014 Newshound Guru Millionday so many are saying oh no -- if maliki comes back in --- the economic reform will not happen --- that is not the case --- if they dont activate the economic reform it wont get done...the economic reform has to happen for Iraq to have a free market economy.
5-1-2014 Intel Guru TNT Tony I have nothing but good news. Let's wait and see though. The day is not over.
5-1-2014 Newshound/Intel Guru BGG [do you think CBI will just RV the money without having everyone seated? I thought they were in such a hurry to get the market economy going?] we'll have to wait and see. I think the CBI has a bit of a sense of urgency - especially without Maliki hanging over their shoulder. Parliament surely does.
5-1-2014 Intel Guru Bluwolf ...well today is vote counting time in Iraq, it is all world banks placed on high alert day, it is the pushing of the final go in the freaking US bank system. It is you are now officially placed on the highest alert day and it is just have every darn thing in order and ready to run time.
5-1-2014 Newshound Guru chattels THERE IS NO CURRENCY AUCTION REPORT SINCE SATURDAY (as of 4:30 A.M. EST, 1 May 2014). Presumably the CBI is closed at least on the 1st, which is today, the day after the election. The government holiday begins tomorrow and through to next Sunday. It will be interesting to observe whether the currency auctions will continue during the government holiday over the next seven ( 7 ) days. NOW WHAT? The countdown to election day is over. Will Maliki be evicted ? The coming days will be telling. First, we await the tabulation of votes, challenges and appeals must run their course, and then we should have a certification of the results and know which cluster received a plurality of the vote. Let the political maneuvering begin. Fasten your seat belt. 4-30-2014 Intel/Newshound Guru Poppy3 ...IF MALIKI IS OUT THEN IT IS VERY POSSIBLE TURKI WILL BE OUT ALSO SINCE HE IS A APPOINTEE OF MALIKI. TIME WILL TELL...MY HOPE IS AT THIS POINT IF THAT WHERE TO HAPPEN AND MALIKI IS OUT OF POWER THAT DR. SHABIBI COULD BE APPOINTED BACK IN THE POSITION AND I THINK WE WOULD SEE A GREAT RV VERY FAST. HE KNOWS THE PROGRAM AND HAS THE IMF AND ALL FINANCIAL LEADERS WORLD WIDE SUPPORT...AND I STILL BELIEVE VERY VERY STRONGLY THAT THE FINANCIAL REFORM IS IN PLAY EVERYWHERE AND TRUELY THIS RV CAN HAPPEN AT ANYTIME THEY ARE SATISFIED THEIR SYSTEM IS READY TO GO AND THE LEADERSHIP IS PREPARED AND IN PLACE. [post 2 of 2]
4-30-2014 Intel/Newshound Guru Poppy3 MY SOURCE IN W [WASHINGTON?] SAID TWO WEEKS AGO THAT THE IMF, CBI AND WORLD BANK HAD ALL AGREED TO HOLD THE DINAR TILL POST RV [POST ELECTION?] SO THEY COULD KNOW EXACTLY WHOM THEY WILL BE WORKING WITH POST RV. THEY WERE ALSO WORRIED THAT WHOM EVER BECOMES PM THAT THE GOVERNORSHIP OF THE CBI COULD BE CHANGED IN A MOMENTS NOTICE AND COULD CHANGE THE ENTIRE CBI OPERATION. HE SAID HE THOUGHT AT THAT TIME THEY WOULD KNOW AND MAKE A MOVE ONE WAY OR THE OTHER BY JUNE 1. [Post 1 of 2....stay tuned]
4-30-2014 Intel Guru Frank26 Elections went well...No killings...No explosions...98+% turn out...Citizens very Proud. They KNOW this time their votes actually count and will be Counted. Told You it would take 2 weeks to learn the winning coalition. Iraq is on holiday until Sunday plus tomorrow is Labor day...
4-30-2014 Newshound/Intel Guru BGG [so does anyone here know if maliki is in or out?] far too early for that - however, some early thoughts from political watchers. It appears overall participation rates are almost EXACTLY the same as the 2013 provincial elections...which is - if accurate - very good news. Maliki wanted a much lower turnout. NOT GONNA HAPPEN. from what they tell me - the only number that matters at this point is "voter participation"...the initial numbers are very good.
4-30-2014 Newshound Guru Millionday ok so this is where we are -- the elections are over and now they are counting and parliament is to meet tomorrow --- the wait right now is where who what and when...everyone is waiting on results...we wait for some type of update as to where this is going election wise.
4-30-2014 Intel Guru DC (via adept1) the CBI are working very hard to get this out…We understand many Middle Eastern governments have put their weight behind getting this done, and the EU, UN, IMF and BIS are doing a great job keeping this in line, in the light of day, and the correct process…Also, a lot of the international banks understand that these shenanigans are not the right things to do, affecting international trading and banking, and they know which side to line up with. The IT and banking folks understand they have to do this properly and legally…everybody in this entire process is looking forward to Iraq coming into its own and the RI of their currency. [Post 2 of 2]
4-30-2014 Intel Guru DC (via adept1) …Bottom line, things look really phenomenal right now, everyone in the right place doing the right things, apart from people messing with this over the last 36 hours... I think we will be in RV mode by tomorrow… But if it’s necessary, we will let the world know what those people are doing…All the Iraqi politicians are in the middle of democratic elections, and the independent observers are happy because that is going well…Everyone has accepted the RI; [post 1 of 2 Stay tuned]
4-30-2014 Intel Guru TonyTNT (via adept1)…The RV has not taken place; M did it as an RI because he had the power and authority to do so…That’s where we’re at this moment. I had a call earlier, and they were 100% sure today is our day. If so, great. We’re just telling the truth…I’ve got calls saying “don’t worry” but we have heard that before. We do know that a few people are trying to derail this for their own reasons, but the world as a whole is saying “enough is enough”. [Post 2 of 2]
4-30-2014 Intel Guru TonyTNT (via adept1) …we know without a shadow of a doubt, and the rest of the world knows that the RI was initiated by Iraq 7pm my time last Saturday. It was done, but it has been hidden all week because some people are hell bent on making sure the people don’t know…It’s a complicated situation. We want to be measured and careful in what we are saying. There is no reason NOT to see the RI today. [Post 1 of 2…Stay tuned]
4-30-2014 Newshound/Intel Guru BGG Election Day!! Very exciting. There are polling stations for Iraqi Nationals in numerous different countries. Talabani voted in Germany. [if his Block wins what is to say they would allow Maliki to still be the PM?] they have said "No" publically...not guaranteed - just yet. Still alot of electoral bluster going on.
4-30-2014 Intel Guru Jester International banking regulations state that bank notes will retain their face value. The three zeros on the notes cannot be ignored. The removal of the three zeros refers to the $.00086. Notes can be withdrawn from circulation but only after a certain time limit, usually around two years. WHAT CANNOT BE IGNORED IS THE IRAQI INTENTION TO REMOVE THE 3 ZEROS...IT IS IN PRINT...
4-30-2014 Intel Guru Delta ELECTION BEGIN. VERY SMOOTH PROCESS WATCHING IT LIVE FROM IRAQIA TV. [Can you keep us updated on the exiting poll results?] IT MIGHT TAKE ABOUT 2 WK OR LESS TO KNOW THE RESULTS. [Who cares...] YOU ARE RIGHT...WE WILL BE RICH BY THEN.
4-29-2014 Intel Guru TerryK BEING TOLD AT 2 AM SOME ACTIVIITY IS TO HAPPEN... NOT GOING TO SAY THE BANKS ARE GOING TO DO ANYTHING BUT HEARING A SMALL RUMOR IT'S ABOUT TO POP.
4-29-2014 Newshound Guru Chattels THE ELECTION STARTED SUNDAY FOR ABSENTEE VOTERS IN OTHER COUNTRIES, TODAY FOR SPECIAL GROUPS, MILITARY, SECURITY, ETC, AND ONE DAY " TOMORROW " FOR THE GENERAL POPULACE.
4-29-2014 Intel Guru Bluwolf Things have not transpired as a go by the US of the actual RV simply because of what they in Washington call, "these imposed but necessary loose ends." With respect on all this RI announcement issues from my end sources none have been seen till this moment. If this was to RI ( 3.22 before the war ) it will only acknowledge to the world that Iraq is back to the international arena. Usually RI go up to their new original value within the first 72 hours, so please do not worry.
4-29-2014 Intel Guru WILDDUCK OK, for illumination and understanding, 72 hours is the time frame for the algorithm of Babylon II software to renumerate the price ratios with 198 nations when a price change occurs from what was programmed before. As an example, 3.71 in the box 3.22 needs to be put in and adjusted to all the other rates …the rate will hit all bank screens in USA and then currency traders, the lag time will not be much imo...I would be lacing up my track shoes.
4-29-2014 Newshound Guru Chattels [can the rv happen while elections are going on?] i am aware of no limitation other than the thought that the CBI is closed, which is why i am watching the currency auction report especially close this week. *** THERE IS NO CURRENCY AUCTION REPORT SINCE SATURDAY as of 2:04 EST... [do you feel that the rv could occur prior to July 1st which is the date of a new accounting period?] my belief is that the RV could happen at most any time now, but when, i do not know.
4-29-2014 Intel/Newshound Guru Poppy3 AWESOME INDICATOR OF PROGRESS: Article quote: "The Kurdistan region of Iraq is set to launch $46 billion worth of projects in the energy, construction, tourism and basic infrastructure sectors as part of its efforts to boost the region's economy. The Kurdistan Projects conference, is being organized by Meed from June 8 to 10 at The Rotana, Erbil." TO LET THESE KINDS OF CONTRACTS THEY MUST HAVE A VALUED DINAR.
4-29-2014 Intel Guru Mnt Goat This is what I am hearing will happen. We will never see the reinstatement rate. They will wait until after the elections are completed and the new Iraq government is seated (just a few days from now) and then less than a week later push out the full revaluation and complete the global currency reset (GCR). Until then the news media will not tell us anything of Saturday’s event. It would be of great benefit to Iraq to come out at the higher rate in the later revaluation. The revaluation could be over $4.00 but at least $3.71 rate. It will be on a controlled float. I know this for a fact... They seek a $3.71 rate. From my perspective we are in good shape to see the RV soon... [post 3 of 3]
4-29-2014 Intel Guru Mnt Goat The IMF also agreed to and fully supported this action taken by Iraq...the IMF actually advised this action with Iraq GOI... this reinstatement did happen. they are simply reinstated the sanctioned currency on-hold value to what it was prior to the second gulf war at a rate equal to the prior international rate. Normally they are also allowed to add on a 25% equity according to the 10 years following the war...but they are not being allowed to add any equity to their rate at this time. This means legally the USA has 72 hours to complete the rollout process of the newly reinstated rate. [post 2 of 3....stay tuned]
4-29-2014 Intel Guru Mnt Goat During last week the CBI and GOI of Iraq finally put their foot down and wanted the USA to commit to a final real date on when they would complete the international rollout process of their country’s revaluation. A revaluation not a reinstatement was agreed to at this meeting. The rate was set for $3.71. In these negotiations they (USA, IMF and Iraq) agreed to a final rollout date of Friday 4/25 date with a backup date of 4/27...on Saturday morning the excuse came. The excuse this time was that the oil credits with another country were under dispute. So Iraq decided to reinstate their currency, which they had every right to do. They also have control over this process since they are now out of all sanctions and well on their way to ascension to the WTO. [post 1 of 3....stay tuned]
4-29-2014 Intel Guru TerryK IF THIS DID GO DOWN SUNDAY THEN WED NIGHT SHOULD BE THE MAGICAL NIGHT OR TONIGHT WHEN ALL THE BANKS TALK AT 2 AM. [Reference Guru DC's post 4-28-2014]
4-29-2014 Intel/Newshound Guru Poppy3 AT NEARLY MIDNIGHT LAST NIGHT...I GOT A CALL AND THEY INFORMED ME THAT MANY OF THE CONTRACTORS WERE PAID SATURDAY AGAIN IN USD SO I DOUBT WE ARE GOING TO SEE THE RV UNTIL AFTER THE ELECTIONS ARE COMPLETED AND THE NEW PM IS NAMED AND IN PLACE. IT WILL ALSO BE VERY INTERESTING TO SEE IF HE WILL LEAVE TURKI AS THE GOVERNOR OF THE CBI.
4-29-2014 Intel/Newshound Guru American Contractor The Iraq federal budget of 2014 has not even passed in the Iraq parliament, they will meet in May 2014. It appears that they will try and approve the 2014 and 2015 budgets at the same time. Or possibly just skip the 2014 budget. This is not done by any other country but Iraq. They do as they wish, they’re not worried about protocol or policies. I always say watch what they do and forget about their policies.
4-29-2014 Newshound Guru Millionday they will be taking all of their markets into the 21st century --- and they have been making it clear that their intentions is for the private sector to be able to sell and buy online -- huge...their market will be moving and expanding so fast because of it... [Is it very important to iraq that budget gets done first before open market?] not according to CBI -- they have stated they have every intention to move forward with international projects and trade if they have to -- not going to hold the growth of the country back --- great news for us -- not so much for the private sector of Iraq. i am a firm believer that an EVENT this large was not done without a whole plan by the best of the best... we are right on time and it is looking very pretty at the station...the budget not being done will not stop the plan.
4-29-2014 Intel/Newshound Guru Poppy3 EITHER WAY THEY FEEL VERY CERTAIN THE RV WILL BE RELEASED IN AN EFFORT TO REWARD THE PEOPLE OF IRAQ AS SOON AS POSSIBLE TO BUILD CONFIDENCE IN THEIR NEW GOI AND CHANGES IN PARLIAMENT. TIME WILL TELL VERY SOON! ONE MORE THING THEY STATED VERY STRONGLY THE RV WILL OCCUR WITHIN 30 DAYS OF THIS ELECTION. PLUS ALL THE NEWS SEEMS TO BE INDICATING THE SAME THING. ...THIS IS ALL GREAT NEWS. [post 2 of 2]
4-29-2014 Intel/Newshound Guru Poppy3 GOT A CALL FROM BAGDAD FIRST IN MANY DAYS...HE EXPLAINED THAT TWO SCENARIOS CAN PLAY OUT AND AT PRESENT HE HAS NO IDEA WHICH WILL HAPPEN. HE THINKS, AND HIS BROTHER ALSO, THAT THEY COULD RELEASE THE RV AT ANYTIME. HE THINKS FROM LAST WEEK FORWARD WE ARE IN THE BEST WINDOW OF OPPORTUNITY EVER! HOWEVER HE HAS HEARD THAT THE LEADERSHIP OF THE CBI AND IMF HAVE REACHED AN AGREEMENT THAT THEY WILL WAIT TILL POST ELECTIONS TO SEE EXACTLY WHOM THEY WILL BE DEALING WITH IN LEADERSHIP POST ELECTION. [post 1of 2....stay tuned]
4-29-2014 Intel Guru Okie_Oil_Man IT IS CONFIRMED---PERIOD---IT IS AN R/I PRESENTLY, SHORTLY TO BE A R/V. IT IS 2 DAYS TILL MAY--THIS SHOULD BE A VERY GOOD WEEK.
4-29-2014 Newshound Guru Tlar The Citizen party according to recent polls should be the party that ends up with the most votes. This party is a non-sectarian Shia party and they are moderate. Hakim is the guy who runs the party...If it comes to pass that the polls are right and I believe they are, the next government will be formed quickly because of the ground work laid out by Hakim. We should know the results to the election by next week and if I am right the government will reconvene on June 15th intact and ready for business. The only difference is this government will be a democracy that follows the constitution and is non sectarian. I am keeping my fingers crossed and Iraq comes out of this dark period caused by a wanna-be dictator and most important, currency reform can come to Iraq. [post 3 of 3]
4-29-2014 Newshound Guru Tlar Maliki is a desperate man trying now to save his own life. He knows loosing is not an option. He tried to negotiate a position with a few of the leading blocks saying he would step down for a position as VP or any job that would keep his immunity intact. Nobody took him up on that offer. He offered to sign off on the Kurds demands if they guaranteed they would support him. The Kurds said no. Maliki finds at every turn that he is being shut out. [post 2 of 3....stay tuned]
4-29-2014 Newshound Guru Tlar the Iraqi elections have gotten off to a good start. Iraqi's living in countries outside of Iraq voted absentia yesterday. Voting will start the morning of the 29th and will last until mid-night the same day which means as we sleep tonight [Monday] the election is taking place. So many things including currency reform have been stalled or put on hold by the present government that there is great expectation in Iraq that those projects will now quickly go forward following the elections. [post 1 of 3....stay tuned] 4-28-2014 Intel Guru TerryK WHAT IF I TOLD YOU ALL THAT A LITTLE AND I MEAN LITTLE BIRD JUST WHISPERED IN MY EAR RI NOT RV THIS WEEK. I GOT THAT FROM A SOURCE TONIGHT. [M (Maliki) did the RI on Saturday afternoon?] SUNDAY NIGHT WHAT I WAS TOLD. IT SHOULD SYNC TOMORROW NIGHT.
4-28-2014 Intel Guru DC We had an interesting weekend - Maliki declared Saturday night that they have reinstated their currency - confirmed by 11 sources. The old rate was $3.22. Key steps need to be taken before publicly announced. He just looked back and said I've followed the steps and am now going with my Plan B - it's all done. The US thought they had until Sunday night. Now all are scrambling to catch up. The timeline is measured in hours, maybe a day. We are having a RI and the RV can happen with in any time from hours to years. There is a high probability they will move to RV quickly.
4-28-2014 Intel Guru TNT Tony It didn't happen Friday like it was supposed to...like it was agreed upon...so Maliki had an option to go with the new agreement on Sunday but on Saturday he switched the game up. Everyone was confused, questioning did this really happen? The RI happened officially and has been accepted around the world. We are in great positiion...there is a timeline involved. The RI the rate is 3.22. He had authority to do this for 2 weeks...the dinar was holding back GCR - now the RI has removed him from holding it back. The RV is part of GCR and is now easier to do now that Iraq has RI. All are ready to go TODAY...we are feeling really good about next few days.
4-28-2014 Newshound Guru Millionday [IYO, is there anything else we need?] yes -- we need a rate...actually the key is what do they need? they need a rate for the electronic banking they are activating --- cant be without a reality rate...i see nothing in the way but the time it is until they release the rate --- are they waiting on the budget because they have finally stated they are putting it through period?-- could be --- are they waiting on the elections? could be but makes no sense --- but this is Iraq -- and of course the political issues have come in to play where they do not belong. i know with what they are doing right now -- e-commerce and electronic banking --- it can not be done without a reality rate --- can not. [post 2 of 2]
4-28-2014 Newshound Guru Millionday [If all is done, then what do you see as the actual hold up?] i dont see a hold up at all --- i see right on time -- they have steps they are doing as we speak to activate all value and rates --- per CBI announcement ...the electronic system is on the table but it needs the reality rate set to be able to go to the globe...as fair trade and fair comparison to the rest of the values within the globe --- it is to the point of no return --- they are entering the global system --- it works the same for all countries and so does the calculation ... [post 1 of 2....stay tuned]
4-28-2014 Intel Guru Okie_Oil_Man THE DELAY WE HAVE HAD TO ENDURE WAS DIRECTLY RELATED TO THE ABOVE SCENARIO. GIVEN THE WORLD INFLUENCE SURROUNDING THESE MATTERS, THE PRESSURE IS BEING EXERTED TO EXPEDITE THE COMPLETION ON A WORLD WIDE BASIS FOR AN R/V-GCR. WE SHOULD HAVE RECEIVED NOTIFICATION QUITE SOMETIME AGO, BUT THESE ISSUES KEEP ARISING. AS TO MY UNDERSTANDING THE ISSUES BEING RESOLVED SHOULD TAKE PLACE IN SHORT ORDER. [post 2 of 2]
4-28-2014 Intel Guru Okie_Oil_Man ...WHOSE GOT THE BALL? THAT SEEMS TO BE THE GAME BEING PLAYED BETWEEN THE UST AND ANOTHER FOREIGN COUNTRY THAT HAS CONTRACTS FOR AMERICAN DINAR PURCHASE. THE ISSUE HAS/IS BEING THRASHED OUT AS WE SPEAK WITH THE USA WANTING THE BALL EXCLUSIVELY. THEIR ARE OTHER MATTERS ALSO INVOLVED (MINOR) THAT IS ALSO BEING RESOLVED. [post 1 of 2....stay tuned]
4-28-2014 Intel/Newshound Guru American Contractor The CBI has added features on the bank notes to assist the blind to help understand the value of the dinar currency. These new bank notes have increased the money supply in Iraq. The CBI mentioned that there would be no removing of any Iraq dinar currency during the time that they are rolling out the new specially enhanced currency. Since 2003, there has not been any Iraq banknotes removed from circulation. The CBI web site shows how the money supply has increased over the years. [post 2 of 2]
4-28-2014 Intel/Newshound Guru American Contractor Another milestone is that the Central Bank of Iraq (CBI) has introduced a banknote with enhanced features. No, this is not the "delete the zeros" type of Iraq currency. That may come in the year 2015 if we’re lucky. The CBI has a huge problem with the criminal gangs counterfeiting the Iraq dinar. Fake Iraq dinars are showing up in the 10k notes and 5k notes being that they are used the most often. The response from the CBI is to increase the security features and enhance the paper that the Iraq currency is printed on. [post 1 of 2....stay tuned]
4-28-2014 Newshound Guru Kaperoni Article: "Single window promote production and service sectors" Quote: "Creating an attractive environment for foreign investment has become a one of the main elements of the economic development desired by the country, especially with the availability of the wishes of the cooperation between the domestic economy and the international effort specialist." You have to start somewhere. Sitting still, waiting or doing nothing is not an option. Iraq needs to push forward despite the ongoing crazy violence in Iraq. Passing laws, monetary reform opens the door for the rest to start. Hopefully after the elections...we will start to see changes.
4-28-2014 Intel Guru TerryK I GUESS U ALL HAVE HEARD THE RUMORS...RATES IN THE LAND DOWN UNDER THIS WEEKEND CANNOT CONFIRM BUT TOLD THAT IT WAS TIED TO A TEST WITH FOREX SYSTEM THEN A IN COUNTRY RATE IN IRAQ COUPLE OF BUCKS...CAN NOT CONFIRM THERE EITHER. SEEMS LIKE A LOT OF SMOKE. LOTS GOING ON WITH ELECTION.
4-28-2014 Newshound Guru Adam Montana [If Maliki doesn't win the election, do you think the RV will be delayed because the new administration needs time to settle in office? Or if Maliki DOES win the election, do you think Maliki is holding up the RV because he is already making plenty of money off of the current status of Iraq?] ...I believe Maliki will remain in his position, but regardless of my accuracy on that point - I'm sure whoever takes the spot will also see benefit to raising the value. Will it cause any delays? Of course - this is Iraq we are talking about.
4-28-2014 Newshound Guru Tlar [The CBI told us they need to print new 50, 250 and 1000...with the new technology...Asked how long the new printing of the 50.. 250 and 1000 should take...?] Approximately about one to one and a half months from the day the contract was let the new currency should be ready to pass out. So these new notes should begin replacing the existing notes and circulating no later than sometime in June IMO...That's why I believe the first chance we will have to potentially see an RV is July1st, which also happens to coincide with the new accounting period. The CBI under both Shabibi and now Turki have stated their desire to not implement this project in the middle of an accounting period...I believe the way the timing on everything is lining up means that July 1st is the next most likely target.
4-28-2014 Intel/Newshound Guru American Contractor The Iraq government is prepared to make good on its debts to the Paris Club members. Yes, Iraq still owes debts and it will be settled as soon as the U.S. government has lifted the protection for the Development Fund for Iraq (DFI). The scheduled date is 22 May and it appears like everything is going according to plan. I would not be surprised if this is delayed another year. Considering this will happen when the Iraq government is still trying to come to grips with another four years of Prime Minister Nuri Maliki. 4-27-2014 Newshound Guru Adam Montana [What else do we need to get this done? Kurds? Election? Budget? Logic?] The election is definitely playing a role. Once that's out of the way, I'm looking for major HCL news which will include the Kurds, and not a whole lot more. Things are close!
4-27-2014 Newshound Guru Aggiedad77 Article: "Citizens seem to lack optimism the next election" Iraqi voters are voicing their lack of interest, lack of optimism that anything of significance will change in this upcoming election...they believe it is basically predetermined and often driven by foreign affairs as to how their government will be shaped...they make it sound like Iraq is a puppet country being played by the world countries in control...probably not too far from the truth.
4-27-2014 Intel/Newshound Guru American Contractor Just last week, the Iraq Ministry of Commerce announced that the Iraq government is preparing to enter the third round of negotiations for joining the World Trade Organization (WTO). The meeting was held at the Ministry of Commerce building in the International Zone. The meeting was very productive. This was the pre-meeting before they meet with the WTO officials in the fall. There are still some obstacles that the Iraqi’s have to take care of first before the meeting with the WTO.
4-27-2014 Newshound Guru Adam Montana [I have been wondering about this HCL...what is so magical about it that makes one think that it is any ways connected to the revalue in as much it has been said that even after it is passed there doesn't necessarily have to be a rate change in the currency? After all is said and done, WHY would there have to be an RV at all?] Well, there doesn't have to be an RV at all, as you stated. But all the talk about strengthening the value has to mean something! The HCL is "magical" because it paves the way for Iraq to burst out of it's current situation. It ties in very strongly with the recent progress on transferring money in and out of Iraq, and the CBI opening up for additional account holders (aka brokers) to facilitate money transfers. ...if you're asking my opinion - all this recent news is extremely good for someone holding onto dinar with the hopes that the value will rise.
4-27-2014 Intel Guru Frank26 [Shabibi always wanted a stable government. Would it be prudent to wait until after the elections are finished and they have a seated government?] No. Elections have nothing to do with the MR [Monetary Reform]. CBI awaits nothing from GOI. Laws just waiting to be enacted.
4-27-2014 Newshound/Intel Guru BGG [Do you feel in your opinion no RV until after the elections?] I still have some hope for a "pre-election" event...not as much as before - but they vote on Wed...we're in the thick of things now...and like I said a while back - it won't matter who is elected - this is a very public topic. Currency reform is NOT GOING AWAY. Currency Reform is a very public, urgent topic...it will be a top priority. Not sure how it will all play out - but things are sure heating up now.
4-26-2014 Newshound Guru Aggiedad77 Article: "Bank of Lebanon: Iraqi our banks have entered the market to achieve the quality of financial boom and check frequently to avoid money laundering" The Lebanese banks are opening in Iraq to take advantage of the financial boom and they claim they will help against money laundering activities...as I said earlier...they are in Iraq also to make money...make no mistake....the bottom dollar is of vital interest to them...and they see low hanging fruit for the picking in Iraq at this time...they see good things turning to great things....they envision an Iraq on the move....on the grow....and they want to be a part of that...the Lebanese are not the only fish in the sea with advanced technological know-how...they are just one of many players. [post 2 of 2]
4-26-2014 Newshound Guru Aggiedad77 Article: "Central bank: seven Lebanese banks have opened branches in Iraq" During the banking conference this week between Iraq and Lebanon it was announced that Lebanon has opened 7 banks in Iraq...these banks bring up to date technology that can be used to help other banks design similar technologies. [post 1 of 2....stay tuned]
4-26-2014 Newshound Guru Stryker The Iraqi Economic Reform Committee has a clear and defined plan but the new government needs to be behind this plan and that is another reason it will not take place before hand. Watch what's going on in the Elections, what the CBI is doing, and where the frozen money could be heading too. Iraq has every law amended or approved to get this done but they must implement them beforehand. [post 2 of 2]
4-26-2014 Newshound Guru Stryker [...is there a chance that this RV...will occur this weekend or by Wednesday April 30th?] I don't think it will accrue until after the election because in my opinion election month is not the right timing for an event like this. The CBI is in charge of monetary system for Iraq...The CBI has made great progress in preparing Iraq for a relaunch into the international stage of business. [post 1 of 2....stay tuned]
4-26-2014 Intel Guru Delta FROM IRAQIA TV COM ANNOUNNCE THAT SUN TO THUR WILL BE AN OFFICAL HOLIDAY? What I find very interesting is that the COM announced this holiday. If I remember correctly, only the GOI has announced holidays in the past. A break in pattern? Hmmm. S [Shabibi] always wanted a 3 day holiday. So, if 1day is for elections, 3 days to ri/rv...that makes the 5th day to announce and celebrate? I'm beginning to see this picture clearly now! Exciting times, indeed!!!
4-26-2014 Newshound Guru Aggiedad77 Article: "Central bank: seven Lebanese banks have opened branches in Iraq" During the banking conference this week between Iraq and Lebanon it was announced that Lebanon has opened 7 banks in Iraq....these banks bring up to date technology that can be used to help other banks design similar technologies.
4-26-2014 Newshound Guru chattels [you're sounding like u feel the elections have more to do with the liquidity event, than not?] we are likely never to know what the real conditions precedent / attendant to our liquidity event are, so we focus on the political, economic and security issues in the country...political in the sense of stability or acceptable composition...and at the same time, wonder whether our event is a function of the international community rather than Iraq.
4-26-2014 Newshound Guru Millionday the rush to get active membership is in play here once again --WTO -- they had to change the reality of their GDP to contain a % higher for other markets...so banking as they expand --- will help as well -- it will lesson the oil % and add in other areas of industry and retail -- service industry – etc...that was the order from the WTO -- and they are rushing with actual strategies...one of them is a reality rate and the banking reform done --- that is the great news. [post 2 of 2]
4-26-2014 Newshound Guru Millionday the oil conference is tomorrow [Saturday] ...it will be a huge announcement with lots of info...oil is very very much a part of the economy in Iraq. the announcement tomorrow is about the entire actual position of the oil agreement in Iraq -- today and tomorrow [Saturday] they are having a huge banking conference. The conference will include bilateral meetings between the governor of the Iraqi Central Bank and the executive heads of the Lebanese banks operating in Iraq. 4 more Lebanese Banks applied for licenses to open branches in different Iraqi cities... they are not opening banks and putting these huge investments out for pennies. [post 1 of 2....stay tuned]
4-26-2014 Intel Guru DC [via Adept1] We are in the exact same place, with everyone in lockdown. Last minute changes took a little time, and now we are in the window. I understand that we are accepting the rate and now rolling it out. We’re in a great place, and the question is exactly when. They have backup plans in place, and we’re going to see positive movement. Security has been sequestered at this moment. We are right there! The RV happened a week ago, let’s just say that. It went live, all the countries have accepted it, the reality is that a few people still don’t want this to happen, but many more do. We’re on the one inch line. We’re just waiting.
4-26-2014 Intel Guru TNT Tony [via Adept1] At 2 am on the BBC, is that Iraq and others currencies have revalued, bringing Iraq back into the global markets. That was on television. We haven’t had announcements here in the US, but other countries are aware and ready to go. Our banks and exchange centers are ready to go, and people have been notified. Security is still in lock down. Everyone is locked down, not even going out to lunch.
4-25-2014 Newshound Guru Millionday …one of the other demands for WORLD TRADE --- is a REALITY RATE and 1166 is an imposed rate not a calculation -- not even close…the reality rate is of course part of these files we are watching them get done for the speedy accession to active membership to the WTO...
4-25-2014 Newshound Guru Tlar They are also saying at today’s value that the currency circulating is 2.7 billion USD equivalent. Now compare that with the 100 billion in cash reserves, the 90 tons of gold and the 82 billion in route to the CBI reserves over this year. Anyone care to figure how many times over that the dinar is covered. At 1 to 1 it’s still close to 100 in reserves for each 1 in circulation with a value of 86 cents per dinar. [post 3 of 3]
4-25-2014 Newshound Guru Tlar In 2012 Saleh told us there was only 4 trillion circulating and I am absolutely sure that 5 trillion dinars is more than adequately able to handle what’s left with many just being printed in case. What is circulating is less 5 trillion made up of 250′s, 500′s and 1000′s or less. So the CBI felt it necessary only to print the 5 trillion with which will eventually replace all of them with some left over...These are the crossover notes and this printing will be the last of these notes. The people will quickly switch to the new notes because they are afraid of the notes they carry now not being accepted in trade because they are worn, dirty, torn, tattered and written all over. [post 2 of 3....stay tuned]
4-25-2014 Newshound Guru Tlar Article: "Iraq issued a new currency with a high security specifications" ...in addition to the fact that this article states that the new 250, 500 and 1000 are already printed and beginning to circulate, there is one sentence that also confirms what I have been saying for months... Quote “Al-yasseri said the total value of banknotes to be printed about five trillion dinars (2.7 billion dollars) and will inject trading instead of categories used gradually.” The CBI only printed 5 trillion dinars which is meant to cover all the dinar left circulating in Iraq. If there had been 35 trillion as some have suggested because that is a news stock number repeated over and over in articles, they would have printed 35 trillion because their intention is to replace everything in circulation pulling the old notes out. 35 million is every note that has ever been let out of the CBI including the ones you and I hold. [post 1 of 3....stay tuned]
4-25-2014 Newshound/Intel Guru BGG [...if M gets back in office then what?] They will do something no matter who winds up in office.
4-25-2014 Newshound Guru Aggiedad77 Article: "Disable the official working hours on Tuesday, Wednesday and Thursday of next week" The General Secretariat of the COM has pronounced next Tuesday, Wednesday, and Thursday as holidays...so Iraqi's can have the opportunity to vote and then celebrate the anniversary of the International Worker's Day on May 1...from the election on April 30 will come the bloc or alliance of blocs that will nominate the new Prime Minister.....but what they say after this is most puzzling...subsequently "began" the political movements that will further form alliances to contest the election...oh dear me are already saying we are in for a repeat of 2010...
4-25-2014 Newshound Guru chattels 5 DAYS TO THE ELECTION... campaigning is supposed to end 48 hours before the election, so only three days left: "The election campaigns were launched in the beginning of April, and are due to end 48 hours before polls open. More than 9,000 candidates are competing for the 328 seats in the Iraqi parliament." 4-24-2014 Newshound Guru Aggiedad77 Article: "Director General of the Rafidain Bank confirms the possibility of going back to the reserves of the state in its administrative stroll" People are starting to show real signs of restlessness over the issues with the budget and are seeing first hand that some of the problems are merely MP's who walk out on Parliament sessions causing the lack of a quorum to conduct business...this article talks about "going back to the reserves available to the Treasury Department"...I hope they don't have their eyes set on the CBI reserves....slap your hand if you do...everyone is trying to figure out a way to get their hands on money to be able to operate until the budget gets passed...times they are getting tougher.
4-24-2014 Intel Guru Mnt Goat There has been great progress made, especially in the last week however I know there is now still an involved entity being given instructions to hold this up. They have verbally and on paper agreed to all changes but still find reasons not to fully implement and complete the RV process. They have been given instructions by the IMF multiple times in the recent 72 hours to activate and let this RV go, however they continue to stall. [post 2 of 2]
4-24-2014 Intel Guru Mnt Goat There is still just so much good news from Iraq and IMF...I believe we are in the final round of a fight and there is a countdown. I know for a fact there is a time table involved with this process. I am hearing they will strictly adhere to this table. There is an end date and the date is fast approaching. The GOI and CBI are stalling for time. They are ready and have been ready now for a very long time to RV their currency and get it announced internationally. [post 1 of 2....stay tuned]
4-24-2014 Newshound/Intel Guru Arthur AND THEN WE HAVE THE RECENT ARTICLES SHOWING THE NEW DENOMINATIONS AND SOME SAYING THAT MEANS IT WILL FLOAT FROM 1166 AND ALL THE REFUTING OF THAT CONCEPT AND SO ON AND SO FORTH. THE BOTTOM LINE IS, WHAT WE DO KNOW IS THAT BASIL REQUIREMENTS DICTATE THAT, WHATEVER IT STARTS AT, IT WILL EVENTUALLY AT SOME POINT IN TIME BE COMMENSURATE WITH THEIR WEALTH WHICH INCLUDES, OIL, THEIR MARKET ECONOMY, FOREIGN RESERVES, AND THE GOLD THEY CURRENTLY POSSESS AS WELL AS THE GOLD THEY INTEND TO ACQUIRE IN THE FUTURE ALL OF WHICH IS ALREADY WELL ABOVE THAT OF THEIR NEIGHBOR KUWAIT WHICH WE KNOW CURRENTLY HAS A RATE OF 3.55. [post 2 of 2]
4-24-2014 Newshound/Intel Guru Arthur IT SERIOUSLY APPEARS AS THOUGH WE ARE WITNESSING THE STEPS WITHIN THE PROCESS OF IRAQ IMPLEMENTING THEIR PLAN FOR ECONOMIC/CURRENCY REFORM. ALL OF THEIR RECENT ACTIONS POINT TO THAT FACT. THERE HAS BEEN MUCH CONJECTURE AND DEBATE ABOUT JUST WHAT THE EVENT WE CALL THE RV WILL LOOK LIKE. ALTHOUGH THEIR STUDY IS WELL DOCUMENTED WHICH SAID THAT THE REALITY RATE WAS 3.22 AND THEN IT SHOWED ALL THE REASONS WHY THAT WOULD NOT BE A GOOD IDEA AND WHY IT SHOULD START AT 1.13 OR SLIGHTLY HIGHER, BUT AGAIN, THAT WAS JUST A STUDY AND NOT A MANDATE AS TO WHAT THE CBI ACTUALLY HAS IN MIND. [post 1 of 2....stay tuned]
4-24-2014 Newshound Guru Millionday very HUGE WORDS >>> "The governor of the Iraqi Central Bank and the Agency Abdel Basset Turki, on Tuesday, that the bank had invited his counterpart, "JP Morgan" the U.S. to open a branch in the country." Quote: "the central bank extended an invitation to JPMorgan the U.S. presence in Iraq by opening branches in Baghdad and the provinces," stressing that "the opening of such major banks branches in the country will facilitate transfers of financial and opens credits global banking reliable by the citizens." . for global banking...which requires a reality rate for internationally recognized currency to make it international or global as stated here.
4-24-2014 Newshound/Intel Guru BGG I can tell you - based on some recent info, I am very encouraged. One way or the other - there is an endpoint in sight...it will end well.
4-24-2014 Newshound Guru Tlar ...where are they going. My guess is that the CBI has been having them shipped and deposited directly in BIS as well as some being turned into gold purchases and deposited with BIS...Maliki stated he was going to get the funds. I believe Turki, in order to keep Maliki from getting these funds, has diverted them directly to BIS. They are part of the reserves but have yet to be accounted for on the CBI website. These funds added to Iraq's known reserves and gold holdings makes the CBI one of the strongest banks in the world. Kuwait has one of the strongest currencies in the world but only has 32 billion in reserves. If we count the CBI's potential reserves, they have almost 250 billion holdings they claim as reserves once the entire 82 billion is brought in house. [post 2 of 2]
4-24-2014 Newshound Guru Tlar The CBI since 2007 and through two different governors has steadfastly protected the reserves...the CBI announced their cash reserves are $100 billion USD equivalency. They have also announced their gold reserves were 90 tons. In November they told us the gold reserves were equal to their cash reserves which the cash reserves at the time were standing at 89 billion USD. Why the discrepancy and what happened to the rest of the gold? In October if I remember accurately, the CBI announced that because Iraq was now released from Chapter VII UN Sanction that the CBI would be getting 82 billion of released funds from banks around the world. [post 1 of 2....stay tuned]
4-24-2014 Intel Guru Bluwolf The exchange of the dinar shall transpire normally as with any other currency there are no restrictions or special implementations it would be illegal. Iraq might have a new change of government officials today. We are on a second to second watch and the codes are being seen on all bank screens.
4-24-2014 Newshound Guru Millionday Article: "The Central Bank's Treasury Director Ihsan Al-yasseri said the Central Bank has printed currency notes of small groups (250, 500 and 1000) and also large groups (5, 10 and 25) 1,000 dinars." this is not the release of the coins and the small denoms but is obviously a huge sign they are back from the printer and done also - they are for trade business...this is huge when you think about the major bank issues we have been seeing with no currency and citizen complaints - also huge because it is on the streets -- large denoms we knew they printed. [also, why give a note that is worth only $0.21 security features?] bingo. this has NOW BEEN IDENTIFIED TO BE ONE OF THE STEPS CBI/TURKI SAID WE WOULD SEE FOR THE ACTIVITY OF THE ACTIVATION OF THE MONETARY POLICY -- AN IDENTIFIED STEP.
4-24-2014 Intel Guru Frank26 Article: "Iraq issued new coins of high security specifications" The article is phenomenal but more telling is the ...Timing. If There was NO rate change coming in the near proximal future then why RISK moving Talabani to Kurdistan so he can celebrate with the Kurds the announcement of NEW COINS and LD's with the Kurd language on it? Because it is called ...Timing...we count 17 things sitting on a Time Table...Waiting for the new IQD rate to be released by the CBI. ...coins nor LDs have been introduced physically yet.
4-24-2014 Newshound Guru Kaperoni The reprinted currency dinars are now out in Iraq. This is great news for us! Bad news for those wanting a RV. Great news for a gradual appreciation but more importantly it confirms two great things! no LOP and the dinar we hold will rise! you dont reprint existing notes for a RV...u reprint if you plan to have them in circulation for a period of time as the dinar rises. Ok, this is not my opinion, its right in print from the IMF. its great news, IMO. 4-23-2014 Newshound Guru BGG Articles about new currency aside... I have talked to 2 contacts directly (in the last 24 hours) - not a peep. They are unaware of such moves. Not being distributed yet...both with direct Baghdad access (if anyone would know - they would).
4-23-2014 Intel Guru TD The CBI is again vocal with renewed announcements of new notes printed & ready to be phased in. The CBI will act on various monetary programs to roll out shortly after elections & it does not matter what government is formed. DFI funds release date of May 22nd is a focal one to keep an eye on. The CBI has the will & might to execute and at this point has a June time table for execution of various programs. The RV, RD, RI piece of the puzzle may soon be solved.
4-23-2014 Newshound Guru wmawhite [are you in agreement with rk and bgg that it should go before elections?] My opinion is that this is a financial event, not a political event. When the CBI does this in conjuction with the IMF/WB it will be based on their calendar not Iraq's election calendar, IMO. It can happen before, after, it doesn't matter, IMO. [post 3 of 3]
4-23-2014 Newshound Guru wmawhite IMO, Iraq wants to make a big splash...get the world's attention...a float that you are dependent upon the world doesn't get them there quickly, IMO...the CBI is telling us so much. The only thing they are not telling us is how much. From their action they are doing things that indicate now. I am of the opinion that when the CBI make a change in the value of the IQD they will wants to leverage as much of it as possible...starting at 1166, or 1000 or anything less than a $1 to 1 IQD gets them no where on the world financial stage. [post 2 of 3....stay tuned]
4-23-2014 Newshound Guru wmawhite there are articles out today suggesting that the new secured currency is being issued. Quote: "We are replacing the old currency with a new one be of the characteristics of high quality in terms of printing and the inability to forge and tampered with." He pointed out that the procedure "will give the Iraqi dinar a large force in front of the rest of the other world currencies, as well as the ease of carrying and trading groups yellowed cash in banking transactions and the buying and selling and monetary exchange." this great news!!! for this currency to "work" there needs to be a change in the value of the IQD. [post 1 of 3....stay tuned]
4-23-2014 Newshound Guru Tlar The blocks...stated that they want to pass the budget right after the election...and have already agreed on the Kurdish issues to make sure it does...the likely hood of it getting passed before the elections is all but gone. The CBI has let the contracts to reprint the 250, 500 and 1000 notes. It is my belief that until these notes are printed and we begin to see large number of notes being swapped out we will not see an RV. If the CBI were to pull the trigger without the new 250, 500 and 1000 notes already going into circulation, Iran would be sucking billions and billions within a few days of the project implementation. They must reprint them before these notes have value. I see this as a change to the plan but it is an aboslutely necessary change to protect the currency.
4-23-2014 Newshound Guru Kaperoni The CBI is following the directive of the IMF...and that will be a gradual appreciation of the dinar. And once they open the market economy and capital account, the dinar should rise fairly quickly based on the IMF's own statement..the Balassa-Samuelson effect. Give it a bit...remember the Iraqi's need a currency they can appreciate and be proud of and use while the dinar rises. Using the dollar is not an option. [post 2 of 2]
4-23-2014 Newshound Guru Kaperoni Article: "Iraq issued a new currency with a high security specifications" Looks like the new dinar is already starting to circulate. This announcement validates two things, the dinar will rise gradually (no RV because reprinting these notes makes no sense then) and their is no redenomination (LOP) again makes no sense to reprint current denominations. This "only" makes sense in a gradual appreication or float in which these notes can be used by the citizens while the dinar appreciates and a slow transition per the statement..."will give a great power of the Iraqi dinar against other world currencies" [post 1 of 2....stay tuned]
4-23-2014 Intel/Newshound Guru American Contractor Article: "Iraq Central Bank invites JP Morgan Bank to open branch in Baghdad" The Iraq Central Bank has sent an invitation to the JP Morgan Bank to open a branch in Baghdad. This is preliminary and we will see what develops. Great News!!
4-23-2014 Newshound Guru Millionday Article: "Announced the Finance Committee in the Iraqi Council of Representatives, that the Council will resume its sessions in the sixth month of May next to approve the budget bill for fiscal 2014." so as we see here they are going to meet about the budget on may 6th after elections for the budget... CBI is a separate entity so with the many announcements of them moving forward with economic reform with international investment they would be pressured into also activating their own projects
4-23-2014 Newshound Guru Aggiedad77 Article: "Furat al-Shara describes the adoption of the budget by the end of April / miracle" So all attempts at coming to some budget resolution have apparently failed...in that light...we have a MP stating that it would be a miracle to see the adoption of the budget by the end of April...especially so when everyone is now trying to protect their own selfish interests...meaning to get re-elected to Parliament...the budget is the last thing on their mind...
4-23-2014 Intel Guru TerryK SO WHAT'S THIS RUMOR I HEAR WE MAY HAVE HAD A SIGN OFF LAST NIGHT...HAVE SOME CALLS INTO SOURCES. ONE IS TELLING ME THAT I NEED TO FUEL THE VEHICLE AND GET READY.
4-23-2014 Newshound Guru Tlar Maliki made another run on the CBI. He attempted to use as his excuse salaries need to be covered and with the budget tied up they needed to borrow billions from the CBI to cover them. Turki again stood his ground based on the constitution, declaring the banks independence and the constitution obligation not to make loans to the government. As Maliki slips in power Turki has grown in power. It is my belief that Turki is now educated in banking and is starting to act as a confident Governor and good things are finally at hand. Things look like they are finally falling into place. [post 2 of 2]
4-23-2014 Newshound Guru Tlar 8 days left until the parliamentary elections in Iraq. Maliki is still fighting to get a third term but all the blocks have basically turned their backs on him...He is extremely fearful of not being in some political position after the elections because if he is not, he looses his immunity. Maliki has stated that if he can't win the PM job for a third term that he will leave Iraq. A poll taken recently that is supposed to be representative of the people of Iraq showed Maliki getting 11% of the vote. Maliki is finished in Iraq and if he does not escape the country, many are now stating he will end up being prosecuted... [post 1 of 2....stay tuned]
4-23-2014 Newshound Guru Kaperoni ...everything we have read indicates right after the elections. So I am looking forward to the CBI making a move shortly.
4-23-2014 Newshound Guru Millionday [do you think the CBI already has a rate in the back of their heads?] yes i think they have it already and it is not released. 4-22-2014 Newshound Guru Aggiedad77 Article: "Finance Committee, rest assured: Settlement Agreement with the United States to ensure the protection of the money after the lifting of immunity" There has been a number of questions as to why the Iraqi's would wait until the last minute to try and secure the funds they have in the US in the DFI accounts...the Minister of Finance along with the CBI Governor, Turki, have been coordinating efforts with the Iraqi Embassy in Washington to protect these funds once the immunity is lifted on May 22, 2014.....Iraq is doing the necessary precautions to protect its money while at the same time making arrangements to settle debt obligations as agreed upon and signed by the Paris Club.
4-22-2014 Intel/Newshound Guru Poppy3 I GOT A CALL LATE LAST NIGHT AND WAS TOLD THAT THE CONTRACTORS HAVE BEEN INFORMED AGAIN THAT THEY WILL BE PAID LATER THIS WEEK AND NO THEY DID NOT SAY IN WHAT CURRENCY THEY WILL BE PAID BUT THAT THEY WILL BE PAID LATER THIS WEEK.
4-22-2014 Newshound/Intel Guru BGG [do you believe the Hot window rk [Randy Koonce] was referring to?] That I agree with - for all the same reasons. [see Randy Koonce's post 4-21-2014]
4-22-2014 Intel Guru Roger Watch for something to happen as soon as BEFORE Iraqi elections (April 30th). Maliki needs to increase value of IQD in order to be supported by his party to be placed as Prime Minister once again. Iraqi Dinar bank notes are extremely limited in Iraqi Banks and within the country, which has been verified by more than one credible source... I am being told there will be NO NEED TO RUSH to cash-in! Apparently there will be a FIXED RATE for 6-8 months. This is a VERY FLUID, politically charged situation. I’m definitely getting excited! [post 2 of 2]
4-22-2014 Intel Guru Roger I’ve been hearing some extremely positive information about Iraq lately. I have NO WAY of being able to verify this information... Will happen similar to Kuwait where the rate will just APPEAR without fanfare or announcement. Rate is agreed upon by US Administration (more than what they want us to have, but willing to accept due to inability to continue to support Iraq. [post 1 of 2....stay tuned]
4-22-2014 Intel Guru TNT Tony The clock is ticking and this nightmare is coming to an end. I told you it was a superfantastic weekend. You will soon see.
4-22-2014 Newshound Guru tlm724 The CBI already has control over the banks dinar now they will have the traders dinar as well. Think about it what a brilliant plan! Having the dollar out on the street will not be an issue when it RV's or whatever the CBI intends to do because the people can just trade in their dollars for the newly issued dinar (LD's) when it is released. I think Turki is more than smart...he is a chess player and he is making his move, checkmate! [post 2 of 2]
4-22-2014 Newshound Guru tlm724 Article: "Central Bank of Iraq declared that it granted approval to the companies of money transfer to open accounts directly in the Bank." Not only is this a way for the CBI to control spread of the market price thus creating the stability that is required of them by the IMF but it also allows them bring in the triple zero notes. By allowing the traders to participate in the auctions the CBI has complete control. [post 1 of 2....stay tuned]
4-22-2014 Newshound/Intel Guru BGG [an article...said they won't get the budget done for another 30 to 45 days, your comments on this please?] I have never said the budget matters however, there were also recent articles pointing out the budget will be get done immediately after elections. if they happen to pass a budget - they can easily go back and "rate adjust" things.
4-22-2014 Intel/Newshound Guru Poppy3 Dinar Trade [offers multiple] Physical Locations...THEY WOULD NOT BE SPENDING THE $$$$$ TO OPEN ALL THESE OFFICES IF THEY WERE NOT THINKING THEY ARE NEAR THE TIMING OF THE RV --- THIS IS AWESOME NEWS AND DEFINITELY SHOWS THEY THINK THE RV IS VERY CLOSE. EVERY ONE OF THESE OFFICES FOR SURE IS COSTING THOUSANDS TO GET OPEN. THINK LEASES, FURNITURE, EQUIPMENT, POWER, MANPOWER, LICENSE, ETC. NOW THAT TELLS ME THEY THINK THE RV IS FIXING TO HAPPEN AT ANYTIME. THIS ANNOUNCEMENT FROM ANY DEALER IS HUGE NEWS IN MY BOOK.
4-22-2014 Newshound Guru Millionday they have announced that the companies that will be doing the exchange in Iraq will be able to exchange for dinar or dollar -- the national currency is dinar -- period -- per regulation but - they have huge projects going on -- and the usd is the world currency...now they are also going to be able to take part in the auctions -- in other words -- the dinar will have to have a reality rate for this when it is done -- that shows another step and these are by far HUGE steps that are very clear. [post 2 of 2]
4-22-2014 Newshound Guru Millionday Article: "Central Bank of Iraq declared that it granted approval to the companies of money transfer to open accounts directly in the Bank." ...this is announced as a step to set the international rates permanently but let me explain what they mean...at the airport when you arrive on an international trip -- you give the exchange place your usd and get whatever their currency is --- that company needs to give you their currency and also make drops of their funds at night as a regular business -- so... [post 1 of 2....stay tuned]
4-22-2014 Newshound Guru wmawhite I...believe that because all of this is a critical timed process...we never heard of any news in advance. What we are told about, even the gold buys, are after the fact. It makes sense, they can not, will not, tell the world before it happens.
4-22-2014 Intel Guru Hub i dont pay much attention to the rumors or news articles, i just know the dinar has been a valued currency for hundreds of years and will do so again...very quickly i think.
4-22-2014 Intel/Newshound Guru Poppy3 NOW WHAT THIS ALL MEANS IS THERE WILL NOT BE LINES OF PEOPLE RUSHING THE BANKS WHEN THIS DOES RV. THERE JUST ISN'T THAT MANY PEOPLE IN ONE AREA TO CREATE A RUSH AT ANY ONE BANK. THERE ARE THOUSANDS OF BANKS TO SERVE US AND THERE ARE 300 MILLION PLUS IN AMERICA, HAVE YOU RUN INTO A LINE AT ANY BANK LATELY. ALL WE NEED TO HEAR IS THE NEW RATE... [post 2 of 2]
4-22-2014 Intel/Newshound Guru Poppy3 IT IS STILL SAID BY SOME LONG TIME DEALERS THAT LESS THAN 1% OF AMERICANS HOLD DINAR AND THAT 70% OF THOSE HOLD LESS THAN 100,000.00 DINAR. THEN ON THE LARGE END I HAVE BEEN TOLD SEVERAL TIMES THAT WE THE PUBLIC AND CORPORATION WITHIN AMERICA HOLD APPROXIMATELY 1.2 TRILLION DINAR. I REALLY BELIEVE THIS FIGURE TO BE PRETTY CLOSE TO A CORRECT FIGURE. THIS DOESN'T COUNT WHAT OUR UST HOLDS AND I KNOW THEY WHERE DELIVERED 4.3 TRILLION BACK IN 2005? [post 1of 2....stay tuned]
4-22-2014 Newshound Guru Kaperoni Someone asked me how long does the CBI have to hold that 2% spread until the IMF will let them leave to Article VIII? I do not know that answer...it could be days or months. I did see once, that the IMF did require that a country hold for 90 days but keep in mind, the CBI has held the dinar stable at 1222 for 3 months already and 1218 for the last week...so they may allow the CBI to transition out of Article XIV to Article VIII in short order..we will just have to wait and see. Once they are in compliance. so many rumors are going around that these article have something to do with dinar dealers in the US etc. it does not...what the CBI stated today [Monday]...is only in Iraq.
4-22-2014 Newshound Guru Aggiedad77 Article: "Central agrees to open accounts directly for money transfer companies" Again...another article that announces the ability of money transfer companies to open accounts directly with the CBI to participate in foreign currency auctions...bringing further stabilization to the exchange rate. 4-21-2014 Intel Guru Frank26 It is important they control that market before June 14, 2014. Do you remember that language law? This morning on Iraqi TV they are now saying this language law is going to be implemented now. Talk about timing! The CBI is trying to get these 3-zeros the dealers sold to us back. The CBI wants us all to deposit these 3-zero notes into exchange offices all over the world. These final 3-zero, if they're not collected back, they will co-exist but you won't see them on the streets in Iraq. This is a very, very well done monetary reform. Everybody involved should be applauded and will become a model the IMF will use for other countries. This is about as exciting as it gets. [post 3 of 3]
4-21-2014 Intel Guru Frank26 All these banks and exchange offices will now be able to help with this exchange and will be able to help the CBI with this process of exchanging the 3-zeros into the LDs and coins. This is coming from the CBI. This is the same group that told Turki to increase the value of the currency "as you see fit." Have we not seen Turki take us to where we are at now? They are controlling the market price by doing this as well. [post 2 of 3....stay tuned]
4-21-2014 Intel Guru Frank26 The CBI reached out to other banks (non-state banks), exchange offices, simple mom & pop banks, etc. which is not normal. So they now have bridged themselves so people around the world can go to these institutions and take their 3-zero notes. The timing is what is so important. If I now walk into one of these banks or institutions associated with the CBI outside of Iraq, what will they give me? They will give me the currency of my country. They don't use their 3-zero notes because they know something is about to happen. The timing for the schedule for something to happen by June 14 is important. The reason the CBI is doing this is because of a "special event." The only special event they should be involved in is the monetary reform of their currency. They are doing this to get you to come in and exchange your dinars. [post 1 of 3....stay tuned]
4-21-2014 Intel Guru DC You definitely should be in a very, very happy mood. We are in a great place today. [Is the 30 day window still on the table?] Our understanding is we dont need that much time ...most will be done in 7-10 days. This needs to get done while the politicians who make the deal are still in place. It's important it gets done before the elections. We know the banks are well rehearsed and prepared. The UST is prepared. All have their acts together. We can't get into anything on rates...expect 3 dollars and anything more than that is gravy...the rates are fabulous...thats all I can say...Everyone will not get the highest rate. It will be a nightmare if it doesnt happen extremely soon. We are really close. Everything is very good sit back and smile.
4-21-2014 Intel Guru Nova They're doing it because they want absolute control over the process and don't want people hoarding what they turn in. What would we do? We would hoard and do everything we can not to spend money because we know something is going to happen. Once this rolls over people it will affect every single person in Iraq. Nobody knows what's on the CBI's list, but an action like this by the CBI is done RIGHT AT THE END. They don't have the time or resources, but it's what they HAVE to do. Again, it doesn't speak to tomorrow, but it's another huge step they are doing what is necessary. [post 3 of 3]
4-21-2014 Intel Guru Nova They don't typically have "special situations." It's not bonds. It's what we all are waiting to hear. It's not gold. What other "special situation" is the CBI anticipating? The one that will impact every single person in iraq. To control this process they need to allow every bank direct access to the CBI. What does the CBI want? They want the higher denoms back. So what the CBI has done is say "you deal with us directly" for this "special situation." That's it in a nutshell. [post 2 of 3....stay tuned]
4-21-2014 Intel Guru Nova One of the things they did yesterday is took a big step in being unable to hide what they're going to do. They announced they would allow 3rd party institutions to do direct business with the CBI's auctions. The only way you can do business with CBI is to participate in the auctions. Right now that's the only way to participate. They have to do a lot of work to do this. They said this would help with money laundering. The main reason is for a "special situation." [post 1 of 3....stay tuned]
4-21-2014 Intel Guru TNT Tony This was a great weekend. Things have progressed to a great point. We have been on the half inch line and a prolonged time out...what's next? Run the final play. I definitely think we will see something this week. Too many things happening around the currency reform. [What is the last step?] RV has happened, DFI is released, we are waiting for the international announcement. They need this NOW in Iraq...we need this now. We are relaxed, waiting on the inevitable phone call.
4-21-2014 Newshound Guru Millionday CBI will add pressure at some point because they are and have announced they are moving forward and doing it in set steps...they are not loaning money without the budget in place to the iraqi gov but they are willing to move forward with reforms to activate exchanges so that the international projects can begin. [post 2 of 2]
4-21-2014 Newshound Guru Millionday "Central Bank of Iraq declared that it granted approval to the companies of money transfer to open accounts directly in the Bank." A statement for the Central Bank of Iraq cited that: "The Board of Directors, in its meeting yesterday, decided to let money transfer companies to open accounts in the Bank directly deal with both / Iraqi dinar and dollar / to carry out the purchase of foreign currency." this is huge...so with the exchange rate coming permanently -- we know that the licensing of these money exchange companies are complete so what we have is a step in the process that is a very big step of setting the rates for them and us...they are going to allow them to take part in the auction as well. [post 1 of 2....stay tuned]
4-21-2014 Intel/Newshound Guru Randy Koonce If it goes past the election and Maliki continues to be the Prime Minister then I am not sure how long, but it could go another 2 years because that means the President and Maliki have figured out how Iraq can survive without it. Obama doesn't want this to happen but he doesn't have the money to keep Iraq going. From now until the election the window is extremely hot. Everything I have seen in the last 24 hours says we are done. The LD's are in the banks in Iraq and are not on the streets. You will not have to sign and NDA. They have dropped the amount that it will come out at, I think between $2 and $3. It will eventually go higher.
4-21-2014 Intel/Newshound Guru Randy Koonce All banks that deal with foreign currency will be doing the exchange. You will have all kinds of time. Does the budget have to be done before the RV? No. There is nothing that has to be done before the RV. Do I believe this is going past he elections? No. We are in a really good position to RV. Everything right now is line up. The U.S., Iraq and the IMF all need to be in agreement and right now they seemed to be. We are in a very good position for before the elections. [post 1 of 2....stay tuned]
4-21-2014 Newshound Guru Aggiedad77 Article: "Central Bank allows for money transfer companies to participate currency auction" According to the CBI they are now allowing money transfer companies to actively participate in currency auctions...an action the CBI states will permanently bring stability to the exchange rate...the CBI is allowing these money transfer companies to establish direct accounts with the CBI for the implementation of procurement of foreign currency...this action should be watched to see what if any effect it has upon the auctions.
4-21-2014 Intel Guru Mnt Goat There is some minimal impact from the elections too...So this is all part of our delay...I believe that we will see the election results and then a flurry of laws will be announced in Iraq. The timing of the passing of the 2014 budget too will happen at about this time if not just prior...this budget it all done and waiting for the revaluation process to end. There will also be some announcement about the currency going international too but it will not be the main topic of the discussion in the news. It will just be a comment. The announcement of the WTO ascension will follow days later but just prior we will all be at the bank... it is all good and I am very hopeful that now this country of Iraq will be moving forward. [post 2 of 2]
4-21-2014 Intel Guru Mnt Goat ...the IMF now has and will continue to be the facilitator of the global reset process. It is not now all about USA holding it up...This hold up has been corrected and the IMF has decided last week to go ahead and move forward in the rollout process. As many know the UST have instituted a call in process where you must first make a bank appointment using an 800 number. Their numbers are not yet published to the general public but the plan right now is to have these numbers distributed next week and people at the bank at that time. [post 1 of 2....stay tuned]
4-21-2014 Newshound Guru Stryker Article Quotes: "This measure will expand special events auction of foreign currency will also contribute to the stability of the exchange rate permanently." "The Board of Directors decided to approve the money transfer companies to open accounts directly with the Central Bank of Iraq and the Iraqi dinar to the dollar carry out procurement of foreign currency." It sure looks like the CBI just may be looking to move away from the daily auctions and into more of an international way of doing business. By signing up these money transfer companies directly the CBI will have a way of selling off the petrodollars without the daily auctions. This should occur once they move to a one exchange rate system, which is the internationally standard.
4-21-2014 Newshound/Intel Guru BGG Article: "Central, (CBI) asserts its independence from the government (Maliki and CoM) and stresses that the law does not allow lends to bridge the budget deficit!!" The CBI appears to be responding to some considerable pressure by the GOI pushing for CBI “loans” to bridge their budget shortfalls. I also have a suspicion may well be in direct response to the recent “smack down” by the IMF and WB. They are telling Maliki to “BUTT OUT”… 4-20-2014 Intel Guru TNT Tony Hope everyone had a great Easter and said thanks for what's coming. Rest up and be ready.
4-20-2014 Intel/Newshound Guru Poppy3 they can pass all the laws they want to about tariffs and hcl but until some action is taken to get a value on the dinar they can't implement any of them. ACTIONS NOT WORDS IS WHAT WE ARE LOOKING FOR.
4-20-2014 Newshound Guru Millionday [We have seen many pieces fall into place in the recent weeks and days...my question is what is lacking to complete the picture? what clues are we now looking for as we scan the intel coming in?] i would say that they are wrapping up the budget and the last steps we were announced about when CBI stated they were raising the value and setting the rates now and it is being done by steps per the private banks and cbi -- they all will be done around the same time --- not that it has to be after the budget or before -- all around the same time for financial success...i go by the ink i see --- and by what the ink states -- we are waiting on these steps to get to the one that is the raise of the value and also the setting of international rates.
4-20-2014 Intel Guru Frank26 Just for the fun of it ...Based Soley on IOO (In Our Opinion) ...[Guru] DELTA and I are not taking it to end of May ...But to the 25th.vv vMay. [Is it something to do with the DFI release of may 22...?] There are three reasons why we picked 25th as an opinion ...But DFI is not one of them. 4-19-2014 Intel/Newshound Guru Poppy3 THE GOI AND OR PARLIAMENT REALLY AT THIS POINT HAVE LITTLE IF ANYTHING TO DO WITH THE RV OR THE CBI. WITH INTERUM GOVERNMENT WOULD ACTUALLY BE A GREAT TIME FOR THEM TO ACT ON THEIR OWN AND KEEP ANY PART OF THE GOVERNMENT FROM BEING ABLE TO TAKE CREDIT FOR THE RV. [post 2 of 2]
4-19-2014 Intel/Newshound Guru Poppy3 THE CBI CAN ENTER THE BIG LEAGUES AT ANYTIME THEY FEEL LIKE JUMPING IN . THEY HAVE APPROVAL TO TURN THINGS...THEY HAVE MADE SOLID INVESTMENTS AND MOVES TOWARDS THE RV FOR WEEKS NOW AND HAVE NOT STOPPED MOVING IN THE RIGHT DIRECTION. [post 1 of 2....stay tuned]
4-19-2014 Newshound Guru wmawhite I am of the opinion that the CBI is moving forward with the eventual change in status of the IQD. In other words, the 2014 budget needs the change in the IQD...but, the CBI does not need the budget.
4-19-2014 Intel Guru TNT Tony Hearing that good things are still in store for the weekend. We wait to see.
4-19-2014 Newshound Guru Kaperoni Article: "Ahrar bloc describes 3rd term for Maliki as 'Dreams' " Maliki may not be able to form a coalition to stay, but he will delay. An article was posted earlier...said it could take a year to form a new government. Let's hope not.
4-19-2014 Newshound Guru Millionday Article: "Baghdad: launched in Baghdad on Thursday, the first Arab conference for accounting and auditing in cooperation with the Arab League" so this is the advancement that will take place with the administration reform and also the economic reform. [So how long...do u think it will take from here to get into wto? Days weeks months?] the wto accession to active membership will be after their reality rate is set so i hope very soon -- with the news about the tarriff and customs meeting concerning the wto accession today it seems to look as though not long for their accession.
4-19-2014 Intel Guru DC I believe Iraq is immensely ready. I believe they are getting ready for celebrations and frankly have been on the edge of ready celebrations for many days now, at least the 15th if not before. A lot of the banks continue to distribute the lower denominations...There are some parts of the country that do not have them so it’s really confusing. All the banks that we know and talk to are very ready and are on call and are ready to go. The delays now are being measured in very short periods of time and they’re also getting harder and harder to justify, to get it done...we’re talking hour to hour, a few hours at a time...when they’re talking about the delays...not days. I am very optimistic about the next few days and I think everybody else is.
4-19-2014 Newshound Guru Kaperoni Article: "Iraq is preparing for negotiations for joining the World Trade Organization in third round" Unlikely they will get accession until the laws are in place and the currency is convertible. These are basic requirements. Wishful thinking on Iraq's part to think they could gain accession without these. Makes no sense...Parliament has to pass them laws and the GOI (Maliki) needs to stay out of the CBI for monetary reform to get done. We shall see.
4-19-2014 Intel Guru TNT Tony [via Adpet1] I do expect us to see his between now and Monday, if not before. It could come in the next hours or days. Iraq is telling their people the time to do currency reform is now... everyone is pushing for it, even the US. They are ready for it to go as soon as the last detail is completed. There have been definite delays, not for personal gain, but because if it had gone through, it would have had a negative effect on us all. I believe that this is over. They are talking about it in the past tense. We are just waiting for the announcement...I do think it could happen this weekend. There are people at the call and exchange centers right now on Good Friday and Easter weekend. 4-18-2014 Newshound Guru Millionday Article quote: "MP for the coalition of state law Salman al-Moussawi, on Thursday, for the coalition to reach agreement with the Kurds on the Law of the federal budget, And while noting that the position of the last change at the last minute, said that the law will pass in spite of political differences." [But we don't know when?] ...we do know they said they would have an emergency vote right away...this is one of the reports -- lets make sure before we bring out the party hats.
4-18-2014 Newshound/Intel Guru BGG It is my opinion - most of this back and forth over the budget is really a big "blame game" between the parties ahead of these elections. Maliki got some traction with it early - yet his opponents appear to be using his own weapon against him and it looks like he'll try and ride this "budget train" into Apr 30th.
4-18-2014 Newshound Guru Chattels [new guru] Executive Order 13303 was issued on May 22, 2003 by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens. Further, it protects Iraqi oil products and interests and ownership by US persons (defined to include US corporations) from attachment as well. Executive Order 13303 also terminates sanctions specified in EO 12722, EO 12724, EO 13290, as it applies to the development fund. In effect, EO 13303 provides an extraordinarily broad legal shield for any and all contractors and mercenaries working in Iraq on behalf of US corporations in any oil related enterprise.
4-18-2014 Newshound Guru Kaperoni Article: "Central Bank: 70 trillion dinar bank deposits" This is a huge article...think about it...if the CBI's plan was to reduce the money supply they are announcing today that 70 trillion dinar sits in banks. The choice will be..loan it out or reform the currency and raise the value of the dinar. Now is the time with all this dinar out of circulation.
4-18-2014 Newshound Guru wmawhite I too bought the Dong...however, I do not believe that the VND will RV...because, Viet Nam, just like China must export large quantities to fuel their economies. In order to keep their products cheap their currency must be kept LOOOOOW. Again, Viet Nam is very similar to China. It products and export alot, IMO.
4-18-2014 Intel Guru Winalot this is from a currency dealer in Yemen...they are always accurate: "Exchange Rates Today in Iraq against the Iraqi dinar from the Iraqi Central Bank: U.S. dollars Buy - 6.9806 Sale - 7.0143." funny thing...there are several sites overseas that i check rates at...all have taken down their exchange rates, or removed the IQD. also...seems that there are 2 iraqi parliament sites!
4-18-2014 Intel Guru TerryK Talked to UST contact this afternoon everything is looking great for this week. They did tell me that the holdup is Obama he is not wanting the masses to benefit from this blessing because of what it represents. I did also here that he is purposing that the rate come out below the $3.42 and then let it rise from there. I don't know if that is true or not. So the UST is telling me that it is still in good position for it to come out tomorrow [Friday]. I know that tomorrow is Friday but we will see what happens. That is the best news I have for today.
4-18-2014 Intel/Newshound Guru Poppy3 THIS NOTICE...RECEIVED FROM VERY GOOD FRIEND--directly from Iraqi > Iraq moved to 'caretaker' government from today until after the elections. He feels nothing of importance will happen until GOI returns. However CBI can still do it if they want but he says very unlikely in his opinion. LIKE I HAVE SAID MANY TIMES, EVERYONE HAS AN OPINION AND ONLY TIME WILL TELL THE FACTS. HOWEVER MEMBERS OF FINANCE COMMITTEE AND PARLIAMENT AND GOI LEADERS HAVE SAID THE CBI NEEDS TO RV PRIOR TO THE ELECTIONS.
4-18-2014 Intel Guru Mnt Goat So this news today from Iraq is very special since it coincides with what we are now hearing from the IMF on progress made at the meeting this past week in DC. I am now hearing they have a target end date of April 30 to complete the current phase of the global reset process. They can now move forward. The stalemate between the IMF and the USA is over! We are so close to the final activation of these currency rate changes at the banks I can hardly stand the excitement. I have watched the contact in the IMF now (once again) notify Iraq that these changes were about to be effective and that their currency was about to go international. The RV train is moving once again. [post 3 of 3]
4-18-2014 Intel Guru Mnt Goat Significant Recent Events: First I have found out the USA and the IMF have reached a mutual decision on how to handle these reforms, in particular the voting rights issues...I have been assured the issue is no longer a problem for the process to move forward. Secondly, another reason for the delay has been the release of the new UST notes to the general public in USA. These notes are now sitting in the USA banks ready to be disseminated. The plan is now to carryout the original plan with minor change and will more forward. Thirdly I have been told today also the Iraq GOI has reached an agreement with the Kurds on the budget. [post 2 of 3....stay tuned]
4-18-2014 Intel Guru Mnt Goat I...just got off the phone with my IMF contact. Today is early Friday morning and the news could not get any better. Let me first remind you...that the passing of the Iraq 2014 budget is dependent on the IQD currency revaluation announcement and not the other way around. In other words watch for the GCR and you will then see the announcement of passing or the high likelihood of the Iraq budget passing in the near future. The two would coincide nicely. Watch for one and you would see the other. [post 1 of 3....stay tuned]
4-18-2014 Newshound Guru wmawhite IMO, the statement by the MoF last year that the IQD will experience a dramatic change in value prior to June 2014 and the expiration of EO 13303 on 22 May 2014 has alot to do with the IQD than many realize. ...even with the stalemate in Erbil and the hold up with the budget...the CBI has been lights out...speeding forward. They wait on no one. [post 2 of 2]
4-18-2014 Newshound Guru wmawhite When the time is right the CBI in conjunction with the IMF and WB will change the status of the IQD. They will not wait on anyone or anything IF the time is right. [no way was M [Maliki] going to gain politically from this event.] concur...M [Maliki] is old news. remember, it could take many months before the new government is formed. However, IMO, if the time is right, the CBI will move forward with the IQD. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz30PUp0dZK
4-17-2014 Intel Guru Winalot JUST GOT A CALL... INTEL...SUPPOSED TO BE TONIGHT...WE WILL SEE.
4-17-2014 Intel Guru Okie_Oil_Man THE DELAY PARTIALLY HAS BEEN THE RELUCTANCE OF THE USA GIVING UP IT'S VETO POWER REGARDING IMF MANDATES AND RULES. I HAVE FOUND OUT ONLY LAST NIGHT THE USA AND THE IMF HAS REACHED AN AMICABLE DECISION. WE ARE SITTING IN THE ABSOLUTELY BEST PLACE WE COULD EVER IMAGINE HAVING BEEN IN. I HAVE GIVEN YOU ONLY A BRIEF TID-BIT OF WHAT THE DELAY HAS BEEN THAT HAS NOW BEEN SETTLED. WE ARE READY FINALLY... [post 2 of 2]
4-17-2014 Intel Guru Okie_Oil_Man THE DELAY HAS ABSOLUTELY NO RELEVANCE TO IRAQ AND WHAT IS GOING ON IN REGARDS TO THEIR POLITICAL SYSTEM OF THE ELECTIONS OR THEIR PASSING OF NECESSARY LAWS-ETC-ETC-ETC. WHAT HAS BEEN THE RESTRICTING FACTOR IN ESSENCE IS MORE ON A GLOBAL NATURE RATHER THAN THE COUNTRY THE GCR IS SUPPOSED CONNECTED TOO. [post 1 of 2....stay tuned]
4-17-2014 Intel/Newshound Guru Poppy3 THE SURVEY AT THIS POINT IS ABOUT 50/50 THAT THE RV WILL GET DONE PRIOR TO THE ELECTIONS...AND SOME THINK JUST AFTER AND BEFORE JUNE 1 BUT I AM HOLDING STEADY THAT THE POSSIBILITIES OF IT TAKING PLACE BEFORE THE END OF THE MONTH.
4-17-2014 Newshound Guru Shredd Article: "Iraq looking customs tariffs applied to complete its accession to the World Trade Organization" Quote: "The statement added: During the meeting, discuss the issue of customs tariffs in preparation for the third round of negotiations and finalists take Iraq in order to complete its accession to the World Trade Organization." If tariffs are all that remains for membership, we may be closer than I thought.
4-17-2014 Newshound Guru Millionday The trading relationship between two countries plays a major role in determining the exchange rate between their two currencies. These factors include: inflation, interest rates, current account deficits, public debt, terms of trade and political stability. so if we look at these things >>> inflation, interest rates, current account deficits, public debt, terms of trade and political stability...they have low inflation and low debt and they have great terms of trade. [It appears we are almost there...] it seems very close and very encouraging. [post 2 of 2]
4-17-2014 Newshound Guru Millionday cbi has the right to set the reality rate and it will be whatever the calculations say...how it's done: The value of a currency is measured by its value relative to other currencies, which is determined by supply and demand. “Demand” in this sense is actually understood as “velocity”, meaning the amount and number of times a particular country’s currency notes circulate within a set period of time. The faster a currency circulates, the more valuable it is perceived due to verified consumer confidence. [post 1 of 2....stay tuned]
4-17-2014 Newshound Guru Adam Montana [What have your sources stated about the budget and HCL?] I'm looking for HCL movement shortly after Maliki is re-elected, and the budget is irrelevant. The current budget is based on the current situation, and when that changes... so will the budget. [After reading many articles on HCL and Budget it looks like no agreement may not be made until 2015 - My question is if Iraq and Kurds to not come to agreement on HCL and Budget being pass for 2014 do you think it's still possible for RV in 2014? I hope that I am wrong but not seeing any GREAT signs that RV will happen this year.] I don't see an RV without progress on the HCL. Whether that will happen in 2014 or not remains to be seen... I believe it is definitely possible.
4-17-2014 Newshound Guru Stryker Article: "KRG propose a compromise to resolve the dispute <<oil>> with Bagdad" Quote: "Baghdad to form a technical committee of neutral experts assume the verification process of the potential of each province or territory producer of oil on the quantity that can be exported from the production and not only because the production is export" HCL? I think so! Not just an agreement between the Kurds and the Federal Government of Iraq but an agreement to pass an Oil & Gas Law once for all. This is great news and something I've been expecting was going on behind the scenes, time will tell if I'm right.
4-17-2014 Newshound Guru Millionday Article quote: "solution in the treatment of this is apparent that the government and regulatory laws for activating the consumer protection laws and the product and the customs tariff law if done properly will help to reduce this negative phenomenon." what we are seeing with this is the ACTION they need to go to a market economy – HUGE - obviously this goes along with all of what we want to see - let me say the market economy can only happen with a reality rate - and that is what we are waiting for.
4-17-2014 Intel Guru TNT Tony They are not making announcements, opening more banks and investors coming into the country because they're broke. The DFI funds already released and over last week and were sent to Iraq and is in their bank. Why would they do that? They are already accepted into the WTO. They doing everything so when it happens all is already completed. We are better today than Monday. We just don't have the 800#'s but positive things are getting done. We don't know how much longer they can drag it out but do know things are moving. In my heart of hearts, at this minute April is the absolute last month. It can happen in the next day, or hour and I believe it will be done before the end of this month. It is going to happen!!! [post 2 of 2]
4-17-2014 Intel Guru TNT Tony Where are we right now? We are absolutely on the one inch line. They opened 8 new banks in the last 5 days and all are giving out lower denoms. The are still announcing on TV today about 1.6 billion in gold to stabilize their reserves, new companies are coming into Iraq and they are still telling them it is going to happen. They are saying how strong the dinar will be. [Can Maliki run for 3rd term?] They re-wrote the law so he could have 3rd term. The US agreed. So yes he can and yes he is. [Bluwolf stated "I was informed this will happen without or without US".] He's right...they will move forward with or without the US...we just don't know that day or time. [post 1 of 2....stay tuned]
4-17-2014 Intel/Newshound Guru Poppy3 I HAVE BEEN INFORMED TODAY [WEDNESDAY] THAT THE CONTRACTORS HAVE NOT YET BEEN PAID IN ANY CURRENCY SO IT IS STILL POSSIBLE FOR THEM TO BE PAID IN RE-VALUED --DINAR AS THEY WERE PROMISED. ONE NOTE --- ALWAYS BEFORE THEY WERE PAID IN USD ON THE DUE DATE WHICH HAS NOT HAPPENED AS OF TODAY [WEDNESDAY]. BE VIGILANT IT IS STILL POSSIBLE.
4-17-2014 Newshound Guru Adam Montana [Do ya think the dinar will stay pegged to the dollar?] I don't believe it will fall away from the dollar anytime soon, regardless of the RV. As the dollar falls, if Iraq's currency is getting stronger, they just continue to adjust the exchange rate accordingly.
4-17-2014 Intel/Newshound Guru Poppy3 NEXT - I WAS INFORMED THE RATE WILL CHANGE ON THE CBI SITE... THEN THERE WILL BE ANNOUNCEMENTS THAT THEY HAVE THE BUDGET, HCL, AND FULL TARIFF LAW AND HAVE MOVED IN FINANCIAL RESTRUCTURE FROM ARTICLE 6 TO ARTICLE 8...THEN, WITHIN A FEW DAYS, THEY WILL ANNOUNCE FULL MEMBERSHIP TO THE WTO BECAUSE THEY WILL HAVE A RE-VALUED CURRENCY AND IT WILL BE TRADABLE INTERNATIONALLY. ALL THIS COULD HAPPEN WITHIN HOURS, AND IT COULD BE IN DIFFERENT TIMING, BUT ALL WILL HAPPEN VERY QUICKLY AS THEY ARE ALL TIED TO ONE ANOTHER. [post 2 of 2]
4-17-2014 Intel/Newshound Guru Poppy3 DINAR RV CAN STILL HAPPEN AT ANYTIME. ALL THE FOLLOWING WILL HAPPEN AT THE SAME TIME, AT LEAST WITHIN A FEW HOURS OF ONE ANOTHER AS THEY ARE ALL TIED TOGETHER: FIRST - ...THE THREE CONTRACTORS HAVE NOT BEEN PAID YET AND THAT LEAVES THE DOOR OPEN FOR THE RV TO STILL BE PENDING TO HAPPEN THIS WEEK. [post 1 of 2....stay tuned]
4-16-2014 Newshound Guru Stryker Iraqi Banks preparing to go international; International Banks opening up branches all over Iraq; Major Oil Companies investing hundreds of millions each in expanding oil production all over Iraq; Hundreds of Billions of International investment funds flowing into Iraq for all kinds of projects from road construction to housing projects. These are just a few things that makes me believe Iraq is getting very close to economic reform, thus going international. [post 3 of 3]
4-16-2014 Newshound Guru Stryker EO [Executive Order] 13303 Expires in 36 days on May 22, 2014; CBI preparing to take control and protect all Iraqi assets frozen worth an conservative estimated $150 billion dollars; CBI announced they are ready to re-print current currency; CBI announces that new modern technology is ready to sort and count old currency; CBI announces to the Iraqis not to sign, write or stamp currency, so do not deface the national currency; Rafidain & Rasheed, two of the state owned banks preparing to receive frozen assets worth a combined $78 billion dollars. [post 2 of 3....stay tuned]
4-16-2014 Newshound Guru Stryker Here are a few things of importance going on in Iraq right now: Elections; Tariffs & Protection of Product Laws needing to be implemented for price control of food and other essential goods; WTO needs the Tariffs & Protection of Product Laws implemented before full accession can be assured, one goes hand in hand with the other; Negotiations on Oil Deal between Kurdistan & Baghdad; Negotiation on 2014 Budget; Parliament Members have been advised that they must stay active until June 14, 2014 even if they are not reelected to pass budget. [post 1 of 3....stay tuned]
4-16-2014 Newshound Guru Adam Montana [90 Tons of Gold, an announcement by the CBI to reprint the current currency and then an announcement to stop the media outlets from speaking about the CBI- thoughts on this?] If Iraq was as destitute and in shambles as so many of the anti-RV crowd believes, they wouldn't be maintaining a stable rate on their currency and they definitely wouldn't be investing in precious metals... they would be adding 0's to their currency and selling anything they could. We are watching a country get stronger and stronger, marching forward in democracy, and intending to raise the value of their currency.
4-16-2014 Newshound Guru Aggiedad77 Article: "World Bank reports show significant progress in the development of the Iraqi economy" From last week's meetings in Washington with the IMF and World Bank....the WB expressed satisfaction in the manner in which Iraq has performed economically in recent years...this is largely in part to how Iraq is exploiting its natural resources and its investment operations...they also warned Iraq of concerns over their budget from abnormally high expenses.
4-16-2014 Newshound Guru Stryker Even if I'm wrong and the 72 trillion number is true and it is only dinar on their books Iraq still has enough assets in frozen funds, natural proven resources that can be added to their already vast reserves to increase the value of the dinar significantly anyway. [post 3 of 3]
4-16-2014 Newshound Guru Stryker In other words, each US dollar in their market place should be accounted for on their financials at 1166 dinars, take away one dollar and you would be taking away 1166 dinars once they de-dollarize Iraq. A country only accounts for their money supply by its domestic currency and not by another countries currency that is being used but since their statistics are based on what takes place in their market place it only makes sense that they do this...that's my take on it. [post 2 of 3....stay tuned]
4-16-2014 Newshound Guru Stryker In my studies over the years it shows that Iraq is heavily dollarized and as much as 80% of what Iraqis use every day to buy things are in USD, so that means that the dinar is only used on 20% of the time when they buy goods and services. With that in mind, since their economy is calculated (inflation and such) by the use of the dollar as well as the dinar it only sure makes sense that this money supply (USD) is part of that 72 trillion dinar figure that the CBI shows on their financial statements. [post 1 of 3....stay tuned]
4-16-2014 Newshound Guru Adam Montana I believe we won't see much until the Elections are complete, but then it's "GAME ON!". The elections are officially scheduled for just 2 short weeks away from now, and the "opposition" to Maliki's 3rd term seems to be running out of gas... it's my official opinion that Maliki will retain his position and shortly after that we will see major news on the HCL, which is exactly what we want.
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] 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!
Read more: http://www.dinarguru.com/#ixzz2zFt3OvSx
4-17-2014 Intel Guru Okie_Oil_Man THE DELAY PARTIALLY HAS BEEN THE RELUCTANCE OF THE USA GIVING UP IT'S VETO POWER REGARDING IMF MANDATES AND RULES. I HAVE FOUND OUT ONLY LAST NIGHT THE USA AND THE IMF HAS REACHED AN AMICABLE DECISION. WE ARE SITTING IN THE ABSOLUTELY BEST PLACE WE COULD EVER IMAGINE HAVING BEEN IN. I HAVE GIVEN YOU ONLY A BRIEF TID-BIT OF WHAT THE DELAY HAS BEEN THAT HAS NOW BEEN SETTLED. WE ARE READY FINALLY... [post 2 of 2]
4-17-2014 Intel Guru Okie_Oil_Man THE DELAY HAS ABSOLUTELY NO RELEVANCE TO IRAQ AND WHAT IS GOING ON IN REGARDS TO THEIR POLITICAL SYSTEM OF THE ELECTIONS OR THEIR PASSING OF NECESSARY LAWS-ETC-ETC-ETC. WHAT HAS BEEN THE RESTRICTING FACTOR IN ESSENCE IS MORE ON A GLOBAL NATURE RATHER THAN THE COUNTRY THE GCR IS SUPPOSED CONNECTED TOO. [post 1 of 2....stay tuned]
4-17-2014 Intel/Newshound Guru Poppy3 THE SURVEY AT THIS POINT IS ABOUT 50/50 THAT THE RV WILL GET DONE PRIOR TO THE ELECTIONS...AND SOME THINK JUST AFTER AND BEFORE JUNE 1 BUT I AM HOLDING STEADY THAT THE POSSIBILITIES OF IT TAKING PLACE BEFORE THE END OF THE MONTH.
4-17-2014 Newshound Guru Shredd Article: "Iraq looking customs tariffs applied to complete its accession to the World Trade Organization" Quote: "The statement added: During the meeting, discuss the issue of customs tariffs in preparation for the third round of negotiations and finalists take Iraq in order to complete its accession to the World Trade Organization." If tariffs are all that remains for membership, we may be closer than I thought.
4-17-2014 Newshound Guru Millionday The trading relationship between two countries plays a major role in determining the exchange rate between their two currencies. These factors include: inflation, interest rates, current account deficits, public debt, terms of trade and political stability. so if we look at these things >>> inflation, interest rates, current account deficits, public debt, terms of trade and political stability...they have low inflation and low debt and they have great terms of trade. [It appears we are almost there...] it seems very close and very encouraging. [post 2 of 2]
4-17-2014 Newshound Guru Millionday cbi has the right to set the reality rate and it will be whatever the calculations say...how it's done: The value of a currency is measured by its value relative to other currencies, which is determined by supply and demand. “Demand” in this sense is actually understood as “velocity”, meaning the amount and number of times a particular country’s currency notes circulate within a set period of time. The faster a currency circulates, the more valuable it is perceived due to verified consumer confidence. [post 1 of 2....stay tuned]
4-17-2014 Newshound Guru Adam Montana [What have your sources stated about the budget and HCL?] I'm looking for HCL movement shortly after Maliki is re-elected, and the budget is irrelevant. The current budget is based on the current situation, and when that changes... so will the budget. [After reading many articles on HCL and Budget it looks like no agreement may not be made until 2015 - My question is if Iraq and Kurds to not come to agreement on HCL and Budget being pass for 2014 do you think it's still possible for RV in 2014? I hope that I am wrong but not seeing any GREAT signs that RV will happen this year.] I don't see an RV without progress on the HCL. Whether that will happen in 2014 or not remains to be seen... I believe it is definitely possible.
4-17-2014 Newshound Guru Stryker Article: "KRG propose a compromise to resolve the dispute <<oil>> with Bagdad" Quote: "Baghdad to form a technical committee of neutral experts assume the verification process of the potential of each province or territory producer of oil on the quantity that can be exported from the production and not only because the production is export" HCL? I think so! Not just an agreement between the Kurds and the Federal Government of Iraq but an agreement to pass an Oil & Gas Law once for all. This is great news and something I've been expecting was going on behind the scenes, time will tell if I'm right.
4-17-2014 Newshound Guru Millionday Article quote: "solution in the treatment of this is apparent that the government and regulatory laws for activating the consumer protection laws and the product and the customs tariff law if done properly will help to reduce this negative phenomenon." what we are seeing with this is the ACTION they need to go to a market economy – HUGE - obviously this goes along with all of what we want to see - let me say the market economy can only happen with a reality rate - and that is what we are waiting for.
4-17-2014 Intel Guru TNT Tony They are not making announcements, opening more banks and investors coming into the country because they're broke. The DFI funds already released and over last week and were sent to Iraq and is in their bank. Why would they do that? They are already accepted into the WTO. They doing everything so when it happens all is already completed. We are better today than Monday. We just don't have the 800#'s but positive things are getting done. We don't know how much longer they can drag it out but do know things are moving. In my heart of hearts, at this minute April is the absolute last month. It can happen in the next day, or hour and I believe it will be done before the end of this month. It is going to happen!!! [post 2 of 2]
4-17-2014 Intel Guru TNT Tony Where are we right now? We are absolutely on the one inch line. They opened 8 new banks in the last 5 days and all are giving out lower denoms. The are still announcing on TV today about 1.6 billion in gold to stabilize their reserves, new companies are coming into Iraq and they are still telling them it is going to happen. They are saying how strong the dinar will be. [Can Maliki run for 3rd term?] They re-wrote the law so he could have 3rd term. The US agreed. So yes he can and yes he is. [Bluwolf stated "I was informed this will happen without or without US".] He's right...they will move forward with or without the US...we just don't know that day or time. [post 1 of 2....stay tuned]
4-17-2014 Intel/Newshound Guru Poppy3 I HAVE BEEN INFORMED TODAY [WEDNESDAY] THAT THE CONTRACTORS HAVE NOT YET BEEN PAID IN ANY CURRENCY SO IT IS STILL POSSIBLE FOR THEM TO BE PAID IN RE-VALUED --DINAR AS THEY WERE PROMISED. ONE NOTE --- ALWAYS BEFORE THEY WERE PAID IN USD ON THE DUE DATE WHICH HAS NOT HAPPENED AS OF TODAY [WEDNESDAY]. BE VIGILANT IT IS STILL POSSIBLE.
4-17-2014 Newshound Guru Adam Montana [Do ya think the dinar will stay pegged to the dollar?] I don't believe it will fall away from the dollar anytime soon, regardless of the RV. As the dollar falls, if Iraq's currency is getting stronger, they just continue to adjust the exchange rate accordingly.
4-17-2014 Intel/Newshound Guru Poppy3 NEXT - I WAS INFORMED THE RATE WILL CHANGE ON THE CBI SITE... THEN THERE WILL BE ANNOUNCEMENTS THAT THEY HAVE THE BUDGET, HCL, AND FULL TARIFF LAW AND HAVE MOVED IN FINANCIAL RESTRUCTURE FROM ARTICLE 6 TO ARTICLE 8...THEN, WITHIN A FEW DAYS, THEY WILL ANNOUNCE FULL MEMBERSHIP TO THE WTO BECAUSE THEY WILL HAVE A RE-VALUED CURRENCY AND IT WILL BE TRADABLE INTERNATIONALLY. ALL THIS COULD HAPPEN WITHIN HOURS, AND IT COULD BE IN DIFFERENT TIMING, BUT ALL WILL HAPPEN VERY QUICKLY AS THEY ARE ALL TIED TO ONE ANOTHER. [post 2 of 2]
4-17-2014 Intel/Newshound Guru Poppy3 DINAR RV CAN STILL HAPPEN AT ANYTIME. ALL THE FOLLOWING WILL HAPPEN AT THE SAME TIME, AT LEAST WITHIN A FEW HOURS OF ONE ANOTHER AS THEY ARE ALL TIED TOGETHER: FIRST - ...THE THREE CONTRACTORS HAVE NOT BEEN PAID YET AND THAT LEAVES THE DOOR OPEN FOR THE RV TO STILL BE PENDING TO HAPPEN THIS WEEK. [post 1 of 2....stay tuned]
4-16-2014 Newshound Guru Stryker Iraqi Banks preparing to go international; International Banks opening up branches all over Iraq; Major Oil Companies investing hundreds of millions each in expanding oil production all over Iraq; Hundreds of Billions of International investment funds flowing into Iraq for all kinds of projects from road construction to housing projects. These are just a few things that makes me believe Iraq is getting very close to economic reform, thus going international. [post 3 of 3]
4-16-2014 Newshound Guru Stryker EO [Executive Order] 13303 Expires in 36 days on May 22, 2014; CBI preparing to take control and protect all Iraqi assets frozen worth an conservative estimated $150 billion dollars; CBI announced they are ready to re-print current currency; CBI announces that new modern technology is ready to sort and count old currency; CBI announces to the Iraqis not to sign, write or stamp currency, so do not deface the national currency; Rafidain & Rasheed, two of the state owned banks preparing to receive frozen assets worth a combined $78 billion dollars. [post 2 of 3....stay tuned]
4-16-2014 Newshound Guru Stryker Here are a few things of importance going on in Iraq right now: Elections; Tariffs & Protection of Product Laws needing to be implemented for price control of food and other essential goods; WTO needs the Tariffs & Protection of Product Laws implemented before full accession can be assured, one goes hand in hand with the other; Negotiations on Oil Deal between Kurdistan & Baghdad; Negotiation on 2014 Budget; Parliament Members have been advised that they must stay active until June 14, 2014 even if they are not reelected to pass budget. [post 1 of 3....stay tuned]
4-16-2014 Newshound Guru Adam Montana [90 Tons of Gold, an announcement by the CBI to reprint the current currency and then an announcement to stop the media outlets from speaking about the CBI- thoughts on this?] If Iraq was as destitute and in shambles as so many of the anti-RV crowd believes, they wouldn't be maintaining a stable rate on their currency and they definitely wouldn't be investing in precious metals... they would be adding 0's to their currency and selling anything they could. We are watching a country get stronger and stronger, marching forward in democracy, and intending to raise the value of their currency.
4-16-2014 Newshound Guru Aggiedad77 Article: "World Bank reports show significant progress in the development of the Iraqi economy" From last week's meetings in Washington with the IMF and World Bank....the WB expressed satisfaction in the manner in which Iraq has performed economically in recent years...this is largely in part to how Iraq is exploiting its natural resources and its investment operations...they also warned Iraq of concerns over their budget from abnormally high expenses.
4-16-2014 Newshound Guru Stryker Even if I'm wrong and the 72 trillion number is true and it is only dinar on their books Iraq still has enough assets in frozen funds, natural proven resources that can be added to their already vast reserves to increase the value of the dinar significantly anyway. [post 3 of 3]
4-16-2014 Newshound Guru Stryker In other words, each US dollar in their market place should be accounted for on their financials at 1166 dinars, take away one dollar and you would be taking away 1166 dinars once they de-dollarize Iraq. A country only accounts for their money supply by its domestic currency and not by another countries currency that is being used but since their statistics are based on what takes place in their market place it only makes sense that they do this...that's my take on it. [post 2 of 3....stay tuned]
4-16-2014 Newshound Guru Stryker In my studies over the years it shows that Iraq is heavily dollarized and as much as 80% of what Iraqis use every day to buy things are in USD, so that means that the dinar is only used on 20% of the time when they buy goods and services. With that in mind, since their economy is calculated (inflation and such) by the use of the dollar as well as the dinar it only sure makes sense that this money supply (USD) is part of that 72 trillion dinar figure that the CBI shows on their financial statements. [post 1 of 3....stay tuned]
4-16-2014 Newshound Guru Adam Montana I believe we won't see much until the Elections are complete, but then it's "GAME ON!". The elections are officially scheduled for just 2 short weeks away from now, and the "opposition" to Maliki's 3rd term seems to be running out of gas... it's my official opinion that Maliki will retain his position and shortly after that we will see major news on the HCL, which is exactly what we want.
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] 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 Poppy3 EXPECTING TO HEAR RESULTS AT ANYTIME. HOPING THEY REACH THE GOAL LINE AND GET READY TO TELL THE WORLD THEY ARE TAKING THEIR PLACE AS THE STRONGEST CURRENCY IN THE WORLD...WE HAVE HEARD SHABIBI AND TURKI STATE THEY WILL HAVE THE STRONGEST CURRENCY IN THE MIDDLE EAST AND THEY DIDN'T TELL THE PEOPLE OF IRAQ IT WOULD TAKE 3, 6, 9, 12 MONTHS TO GET THERE ONCE RELEASED SO HOW CAN THEY HAVE THIS BY COMING OUT UNDER THE RATE EVEN THEIR BUDGET IF FIGURED ON OR HOW CAN THEIR BONDS BE SOLD WHEN THEY ARE VALUED AT $3.71. THAT HAS NEVER BEEN EXPLAINED TO ME WITH INFORMATION FROM ANYONE OTHER THAN A MEMBER OF PARLIAMENTS OPINION OF WHAT THEY ARE THINKING NOT FROM ANYONE IN LEADERSHIP OF THE CBI OR THE IMF WHICH IS ONLY ADVISERS TO THE CBI?
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!
Read more: http://www.dinarguru.com/#ixzz2zFt3OvSx
4-6-2014 Intel Guru Tony [via Already Blessed] Everything is quiet. No issues, no one upset. Just waiting for the good times to roll.
4-6-2014 Newshound/Intel Guru BGG [Do you think there's any chance of the U.N. forcing Iraq back under chapter 7 with all this garbage going on about budget, elections?] I think there were some serious threats laid out in the last "IMF pre-consultations" - Iraq had better take this serious. Maliki keeps monkeying with the CBI they promised worse sanctions than the "previous regime" - I think is the language they used.
4-6-2014 Intel/Newshound Guru Poppy3 [do you think they will wait till caretaker gov is in place before any monetary reform?] NO, I THINK THE RV CAN GO ANYTIME AND THAT THE FINANCIAL REFORM PROCESS HAS BEEN PROCEEDING ON SCHEDULE ...
4-6-2014 Newshound Guru Kaperoni Article: "Urgent .. postpone the parliament session until further notice pending agreement on a budget" I would expect that parliament is dead until after the elections now. Nobody wants to work with Maliki. Unfortunately, the Kurds will never agree to come to parliament to vote until there is a oil agreement since they want to be assured they will get their 17% revenue. Something Maliki never has delivered on. I was just thinking this may be to our benefit..since this may reflect negatively on Maliki, it may force him to get the CBI to make monetary change as a way to save face.
4-6-2014 Newshound/Intel Guru BGG Third...if the CBI truly intended to keep the value at 1166 – would it not be a reasonable conclusion they would regularly replace the worn and damaged currency? This has been a source of major complaint for some time now...any normal economy has a plan in place for removal and replacement of worn and damaged currency. The US replaces significant amounts of our currency on a regular basis. This is a common practice. Not in Iraq (currently) – Why? [post 3 of 3]
4-6-2014 Newshound/Intel Guru BGG Second...if there is such a glut of Dinar and big notes ...then where in the heck are they? Private banks are screaming for liquidity – THEY NEED NOTES!! If there is so much stinking Dinar in circulation – it should be a simple matter to obtain what the market (in Iraq) needs. THIS IS NOT THE CASE. [post 2 of 3....stay tuned]
4-6-2014 Newshound/Intel Guru BGG First...If Iraq is buying gold as a “financial mattress” (a buffer or hedge would be the proper terms) for their currency, then my point is – they are building the DINAR a SERIOUS MATTRESS and I would submit this DOES POINT OUT SOME SERIOUS SHIFT in monetary policy. It is obvious. [post 1 of 3....stay tuned]
4-6-2014 Newshound Guru Millionday the hcl is reported to us as complete and not activated -- the reason it would not be activated is because the raise in value and entry to global market will fund the law.
4-6-2014 Intel/Newshound Guru Poppy3 THE GOLD IS IN THE BANK IN IRAQ, THE HCL AND BUDGET THEY ARE SAYING WILL BE COMPLETED BEFORE THE 15TH OF THIS MONTH, MALIKI'S REIGN IS ABOUT OVER AND THEY HAVE ALL TURNED AGAINST HIM. TIME WILL TELL BUT WE ARE IN POSITION TO BE BLESSED.
4-6-2014 Newshound Guru Red Lily [This] is based on my studies of Iraq news for the last month (and past 5 years)... We have seen that parliament has not made any progress on passing the budget as election propaganda took to the road April 1st. We have seen an article stating the HCL has not been implemented as of late. It is true that Maliki agreed to the 'framework' of the HCL. Even signed off on it years ago. Then made an Executive Decision that it needed to be revised and not implemented. Since then I do not recall any revisions and it certainly has not been applied as law. It seems the economy is doing well although Oil Exports were down. Iraq is certainly expanding and diversifying its national product as the IMF has advised them to do.
4-6-2014 Newshound Guru Millionday Article Quote: "Parliamentary Economic Committee low gold prices in the Iraqi market and the high value of the Iraqi dinar against the dollar and world currencies..." the purchase of the gold will lower the prices and also allow a higher rate of the value of the dinar...the gold is being used as a reserve to hard back the printed currency -- it is a hard backed currency. for the currency to be respected internationally -- it has to be an international currency at a reality rate of course -- respected on the market and stable. CBI is working to create a stable dinar rate internationally - this is what we want and should be expecting with a hard backed currency.
4-6-2014 Intel Guru TerryK so they are saying it either gets into the main stream or they are leaving, so there is an emergency session ongoing what i was told today to get the oil is flowing where it needs to flow into… dollar wise. so with that to happen sunday, if it does we are to see the release very soon...like tomorrow night. however with that said i would not look for it to hit our hands for 24-72 hours. hearing 8.16…. Nothing less. [post 2 of 2]
4-6-2014 Intel Guru TerryK i was told today that today m [Maliki] assured the imf he has no intent on taking the position even if he won...There is now a rush to process this crap even as soon as tomorrow afternoon. Not as much for m [Maliki] as it is for the country as investors that were there usa are looking to pull out do to the lack of $ support from the government...the investors are crying that the oil is flowing but not where it needs to flow into…dollar wise. [post 1 of 2....stay tuned]
4-5-2014 Newshound Guru Shredd Article: "90 tons reserves, "central" of gold to support the value of the dinar" Sure seems we can say we are close to the end of what the CBI is preparing for. Gathering gold from around the world. The last article we saw the announcement of acquiring 36 tons, now we see they have acquired 60 tons over the last two months and are now at 90 tons. This is quick preparation and for what? Propping up the poor rate of the dinar to stabilize it? No. Simply replacing the old dinar for the new with no change in the monetary policy? No. Preparing for the coming increase in the value of the dinar? Yes.
4-5-2014 Newshound Guru tlm724 Article: "90 tons reserves, "central" of gold to support the value of the dinar" Quote: "his desire to support the value of the national currency" love seeing this repeated over and over!! gold to support the value of the dinar *hallelujah*
4-5-2014 Newshound Guru Tlar So Maliki has just been exposed as to the real reason he wants Turki out of there and “his guy” in. This article should dispel those out there that still believe Turki is a yes man for Maliki. These records will ultimately finish Maliki and his cronies if this information ever sees the light of day and they know it. This information will...be exposed before the elections which I doubt...unless Maliki makes an immunity deal before the elections and bows out and is allowed to leave the country. [post 2 of 2]
4-5-2014 Newshound Guru Tlar Article: "Mysteries and Secrets of the exclusion of al-Maliki to head the central bank" Maliki is (was) trying to make sure that he controls the information flow from the CBI before the elections by attempting to replace Turki with his loyal unqualified yes man. He knows Turki is not his guy and Turki knows where all the stolen money is and has kept good records of the amounts. He most likely has been in contact with Shabibi and has those records to. At least Maliki is just trying to replace Turki instead of having his thugs burn the CBI like he did last time. [post 1 of 2....stay tuned]
4-4-2014 Newshound/Intel Guru Randy Koonce I BELIEVE THAT WE WILL BE DONE BY THE MIDDLE OF APRIL...if for some reason we are not I will get the reason... but for now all parties are aligning very well. So tonight to the middle of April is extremely important to us in this investment...continue to check the cbi website for the rate change...if they do it in the mornings Iraq time that is around 12 midnight to 2 in the morning...those have been good window following when the bank updates its screens. RELAX and be smart about your money it is a currency very hard to track...DO NOT LET IT OUT OF YOUR SITE UNTIL YOU GET MONEY IN RETURN...PLEASE BE SMART ABOUT IT...Breathe. [post 3 of 3]
4-4-2014 Newshound/Intel Guru Randy Koonce ...do not fall for the 800# and private stuff the rate will be the rate and you will not be able to get more than what the bank pays...the last rate that was given to us is between 2 and 3 dollars. The Banks all and I mean All banks will participate in the exchange, that deal in foreign currency. DO NOT WORRY ABOUT whether or not you will be able to cash in, Take your time and Breathe...if you want cash a little then go back do some more... [post 2 of 3....stay tuned]
4-4-2014 Newshound/Intel Guru Randy Koonce Ok. the pressure is on for Maliki he is just about to bounce off the walls to get this out and the IMF has drug their feet and making Maliki sign off on things Like HCL and Budget, and etc... I am going to state every thing is done that has to be done for the RV to take place so no one has to ask the question does Iraq need this to RV...Answer is NO... They are Ready...Every Day is a Hot day until the election...I want everyone to know that this can go off on any day of the week...the window is as open as I have ever seen this thing be...the CBI is ready Maliki is ready and the IMF is getting ready so when the stars align like they are now the window is open wide. [post 1 of 3....stay tuned]
4-5-2014 Newshound/Intel Guru BGG Article: "Maliki: Postponement of the elections, we will open the fire of hell and ends with Iraq" This is just Maliki keeping pace with his political rivals and trying to limit the damage they can do him over the next month. In truth – he would postpone these elections in a heart-beat if he thought he could get away with it. In fact, postponement is something he has been known to threaten.
4-5-2014 Newshound Guru Kaperoni [do you feel that once they are in compliance then they will move forward or do you think they will wait for their government to...be more unified in their monetary policy.] I try to refrain from giving opinions and rather use words or quotes from Iraq. So to answer your question I will use a quote... "that the Iraqi Dinar will be reevaluated and accepted among world currencies sooner than expected."
4-5-2014 Intel Guru Frank26 I have never seen a House built Without a Foundation...That lasted. If it was up to M [Maliki] and the GOI the RI/RV would have occurred seconds after the coalition force gave him Force. IMO, I am thankful that S [Shabibi], CBI, IMF and UST are in control of what they are doing with the M R [Monetary Reform]. You Will be too. The GOI said no can use USD's any more cause they want to RI/RV when they feel comfortable enough. When is that? IOO, When they use up the non-pegged and NOW USELESS USDs to buy up a specific amount of Gold to replace the worthless UDS with GOLD and electronic IQD 000s. This would strongly position them to release the LDs. 4-4-2014 Intel Guru DC Shabbi and Turki should get a Nobel prize for what they have done to build up their reserves. The IMF and World bank are saying, you are one of the richest banks. Enormous amount of reserves. Bottom line, all are expecting it, all is in lockdown for few days. The IMF, UST are ready. It's in the IMF's hands as far as timing...coordinating. The wonderful thing is, they are trying to figure out how to split the money for humanitarian projects, etc. We are going to be a part of one of the biggest financial deals ever in history! Things look really, really good for the next few days...can't get more specific than that. [post 2 of 2]
4-4-2014 Intel Guru DC What is going on in Iraq? The lower demoms did go out in mass. Bankers there were tired of waiting and decided to let them go. Some are paying at 3.77 and some at 1166. It's uncoordinated and confusing and it's kind of a mess right now creating a tough situation forcing the hand on this. They need this RV in the next day or two days and it puts more pressure on to get this done NOW! . [post 1 of 2....stay tuned]
4-4-2014 Newshound Guru Kaperoni Article: "Central bank: 15 Arab and foreign banks opened branches in Iraq since the beginning of" International banks are there to make money. We know the market economy cannot function without a convertible/international currency. The conbination of these two will push this event forward in short order once the CBI is in compliance.
4-4-2014 Intel Guru Bluwolf As I wait for the final notice, it seems that a lot of misguided or a strange information or disinformation has been placed. The truth being that all is still going to occur according to the plan...So we still wait on the US to give us our final signal to go exchange..We are very close but like I said...the whole world is just waiting on guess who, the US to do their share on giving its GO.
4-4-2014 Intel Guru TNT Tony There was a specific reason it didn't go last week. [Will this go past the Iraqi election?] I don't think so, Maliki needs this before the election. Right now everyone is excited, happy and waiting...all is ready. Before it was about rates, dates, etc...then it was about the process and bringing it to the public...NOW it's about it's already happened and what do we do with all this, how do we do it, and who gets what portion...how do we divide this money for the different programs. They wouldn't be talking about that if it hadn't been finalized. I am looking for great great weekend. It could happen at any time.
4-4-2014 Newshound Guru tlm724 Article: "Central Bank: high pure gold reserves during the last two months" Quotes: "that reserves the CBI of pure gold reached up to 90 tons, after he bought 60 tons during the last two months." "...and various destinations in the framework of the diversification of its reserves and support the value of the dinar Iraqi." 90 tons!! it has doubled its gold reserves at the Central Bank of Iraq three times what it was like the end of 2012.
4-4-2014 Newshound Guru Shredd Article: "Central bank: 15 Arab and foreign banks opened branches in Iraq since the beginning of this year" I think we tend to overlook but the continued growth of banking operations is awesome...banking infrastructure shows the anticipated growth and the faith in that growth from a cash flow perspective. I mean, why build so many banks with business as usual...
4-4-2014 Intel/Newshound Guru Poppy3 ALL IS WELL IN DINAR LAND AND THE IRAQ PEOPLE ALONG WITH US WILL BE BASKING IN BLESSINGS IN THE VERY NEAR FUTURE. HEARD LAST EVENING THE CBI DELEGATION IS IN NEW YORK FOR MEETINGS TODAY. LET JUST PRAY THEY ARE ALL IN FAVOR OF CONTINUING TO MOVE FORWARD WITH THE FINANCIAL PROGRESS AND GET THE RV DONE... WE CAN ALL REST ASSURED IF THEY GET WHAT THEY NEED WE WILL HAVE WHAT WE ARE EXPECTING. PAY CLOSE ATTENTION TO THE DAYS BETWEEN THE 9TH AND 15TH OF APRIL.
4-4-2014 Intel Guru TD As I stated weeks ago that nothing (agendas/business) is really moving forward this close to the elections and that's even more true now. I just wanted to weigh in briefly regarding the (now again) recycled rumor that Iraq has prohibited the use of the dollar and from conversations as recent as today, Friday, that simply is false. In fact most all merchants still ask FIRST for the dollar.
4-4-2014 Intel/Newshoud Guru Poppy3 IMO, the HCL will be announced at the same time as the RV and then they will be able to implement the Tarrif Law. I believe that this is how this will have to happen. They haven't come this far financially and banking wise on upgrading everything to drop the ball at this stage. We are going to see this thing in the very near future.
4-4-2014 Newshound/Intel Guru BGG Article: "Independent MP : the National Safety Law is a dictatorial coup against democracy" This is saying the CoM (the GOI) has sent a bill to Parliament “Declaring a State of Emergency” – This looks like a “last ditch effort” on Maliki’s part to subvert the looming elections and stay in power. I highly doubt the Parliament will enact or proceed with this bill. It is fully against such “bold faced coup attempts".
4-3-2014 Newshound Guru Bondlady we know the CBI is about to do something with its monetary policy, to what extent we don't know but the big gold buy up , the massive reserves of foreign currency they have, articles saying the dinar is drying up and less out there being released and the m2 was being lowered, all these signs are positive signs for us.
4-3-2014 Intel Guru Mnt Goat There was an Article IV meeting in Jordan mid last month (in March). I have heard the IMF gave the green light to go ahead with their currency reform project and release the new rate. The CBI announced in an article last fall that we would see the RV take place prior to June 2014. All my sources are all saying that all they are waiting for is to see the new rate released by the CBI. That’s all. And while no one knows the date...all are agreeing it’s very close. Currently I am hearing the IMF is waiting for the CBI to make the announcement. Will they only RV the IQD and VND? I am hearing all 190+ currencies are still set to go soon and together. [post 2 of 2]
4-3-2014 Intel Guru Mnt Goat Technically the long term strategic plan for Iraq called for us all to have exchanged our currency by now and the project to delete the zeros ending this year of June 2104. The CBI has now drawn in nearly all the large 3 zero notes out of circulation from their citizens in country. The use of the US dollar in country is now prohibited. Banks and businesses are not allowed to accept USD. The average citizen has been using the government sponsored debit card or SMART Card... I will say they do need hard currency in the hands of the citizens. They need the lower denoms and coins. This part of the process is stalled. This must happen real soon! [post 1 of 2....stay tuned]
4-3-2014 Intel Guru TNT Tony We are in great position. It is still in Christine Legarde's control - They are dotting the I's crossing T's. [I read that 13303 is going to expire May 22. Is it a concern?] It is not a concern at all and I dont think it will drag out until then. [You said we shouldn't get out of the month of April. Is that right?] That's my understanding. There are no hold ups now. They are waiting for the time to be right. We are looking for it at any time - minutes, hours, days, they don't want us to know when - they want it to sneak up on us. I can tell you everybody is happy - there are no problems. We are within striking distance.
4-3-2014 Newshound Guru Kaperoni Article: "Shara: non-enactment of the oil and gas behind the delay in approving the budget" I do not think the HCL is in the budget or is directly related. The KRG simply want this HCL worked out and done before they are willing to accommodate and help Maliki.
4-3-2014 Newshound Guru Adam Montana [...if for some chance [Maliki] does win the elections for a third term, would the US step in and stop it, or will they sit back and watch everything just fall apart or is there a bigger picture that we just don't see.] I can't give a 100% answer on it, but I tend to think that Iraq is going to go forward and the dinar will rise in value regardless of who wins the next elections.
4-3-2014 Newshound Guru Millionday there was confusion on the agenda today [Wednesday] for the budget...the second reading...and it has been agreed by all to have it tomorrow with promise to the kurds whom have remained. they have agreed to export the 100,000 per the agreement they made to go ahead with the budget -- this is temporary... today [Wednesday] they started the process of putting out the 100,000 barrels of oil by the kurds so we can see through the action the agreement seems to be made.
4-3-2014 Intel Guru Frank26 ...three weeks ago [we shared] ...that Iraq opened an international trade office in Houston, Texas. Today [Wednesday] the CBI website in Arabic only has announced that this same office will be opening in Basra to ACTIVATE trade with the USA. This is international trade for the Trade Agreement and TISA Agreement...this is a giant step for the MR [Monetary Reform].
4-3-2014 Intel/Newshound Guru Poppy3 ...AGAIN I HAVE BEEN ASK DO I THINK THIS WILL RV PRIOR TO THE ELECTION. WELL IF THEY DO WHAT THEY HAVE ANNOUNCED AND PUT ON THEIR TV, YES. BUT I MUST WARN EVERYONE TO WAIT AND SEE IF THEIR ACTIONS MATCH THEIR WORDS. REMEMBER THEY PUBLICIZED LAST WEEK THAT ALL THE PENSIONS WOULD START BEING PAID ON APRIL 1 AND HERE WE SET WITHOUT A WORD ON THE PENSIONS...AGAIN ACTIONS SPEAK VOLUMES OVER ANYTHING THEY SAY.
4-3-2014 Newshound Guru Adam Montana [I know you have stated the HCL has to happen before an RV but what do you think of the comment I read that states an RV has to happen before the HCL can be funded and implemented?] I think this one is a coin toss - it's really 50/50 on if Iraq will RV then HCL, or HCL then RV. It could go either way!
4-3-2014 Newshound Guru Kaperoni Article: "Central raises for protection of Iraqi funds in U.S. banks" If they let 13303 expire...Iraq would have to make sure they pay their bills, settle disputes, etc. (btw, they are being trained on arbitration etc in May). Otherwise, this money that sits in US bank accounts could be subject to garnishment/judgements. It has always been my position that the US should protect it until Iraq was ready to stand up on their own internationally because these funds are Iraq's assets which could be used to back its currency. CLDP training for Iraq...is clearly preparing Iraq for international business. I find it interesting the training is [May] 18-22 (the day 13303 expires). Having a legal framework for arbitration is important, especially for WTO accession. This group is educating Iraq for that process. Quietly, Iraq is getting reading to make a splash.
4-2-2014 Newshound Guru Millionday [After the second reading takes place is there a certain amount of days that they have to wait in order to have a vote on the budget?] not that i have seen -- the next meeting of quorum would bring it if that is what they are doing. they have voted many things through the next day.
4-2-2014 Newshound Guru Adam Montana [do you think the new rate will be in the 2014 budget...?] I've maintained for years that the budget won't reflect an RV'd amount until after the RV.
4-2-2014 Intel Guru EXOGEN WHERE ARE WE TODAY... THE SONG “THE FINAL COUNTDOWN” IS NOW PLAYING IN YOUR HEAD!
4-2-2014 Newshound Guru Aggiedad77 Article: "Mura'bi Tayfur responding to the demands of the Presidency and the completion of reading the budget" Again, due to a lack of a quorum, it appears the State Law coalition will not show up if the budget is on the agenda at the moment...so today's Parliament session was a bust...and sounds like tomorrow's session could be in question if the budget is again on the agenda...
4-2-2014 Intel Guru TNT Tony [You said you were expecting this at Thanksgiving/Christmas, why is this time different?] There have been more things accomplished, announcements made in Iraq when they expect it...there's a lot of things different from the past. It's clear if you've been following the details it absolutely could have happened at Christmas and all this negotioating could have happened after. There is definitely something going on in Iraq today. An article states their economy will change between 1st and 14th. I think everything is lined up right where they want it to be. We are absolutely coming to the end of this process. Everyone is happy. There is no fussing or fighting. Nothing but good news out there. I absolutely hope I come back later.
4-2-2014 Intel Guru Nova [via anonymous] [Guru] Delta read the report that says...the CBI says the IMF gave them permission to go ahead with their monetary reform...This is huge news.
4-2-2014 Newshound Guru Adam Montana [I've read one news article that has stated that Iraq is reducing it's money supply-which would be good for an RV. Then another article regarding the latest large purchase of gold that Iraq is using to maintain the backing behind printing more currency and NOT preparing for an RV. Which is correct? ] The articles that come out of Iraq are constantly contradicting themselves. I don't see their gold purchase as a bad thing at all! WHY they are purchasing gold is debatable, but I guarantee you they aren't going to issue a press release stating that they are buying it to prepare for an RV! With that in mind, we have to realize that the conflicting articles are trivial, and we have to look at the fundamentals: Can Iraq sustain a higher value? YES. Do we believe they have reason to do so? YES.
4-2-2014 Intel Guru Delta There was an Article IV meeting in Jordan in March and IMO, the IMF gave the green light to go ahead with the monetary reform…The question is will they release it before or after the elections? IMO, it could happen any day, any time of day…just it cannot go past the end of May. There is tremendous pressure for the CBI to release the new rate, and the citizens of Iraq are also under tremendous pressure…IMO, we are in a 60 day window, but we could see the new rate at any time!! ...this is a 100% fact directly from the CBI, that the new rate will be released BEFORE JUNE 2014.. Not in June or after June , but BEFORE....we will probably see 2-3 announcements come out and then the new rate. [post 3 of 3]
4-2-2014 Intel Guru Delta ...report on Iraq from the IMF...confirms that the IMF is happy with Iraq and the rate spread and the IMF is supporting Iraq and encouraging them to go ahead with their monetary reform policy! This report is in the news and announcements section of the CBI...remember that they will never announce “hey, we are raising the rate of the IQD!”, and remember the MR (monetary reform) is mainly for the citizens of Iraq. [post 2 of 3....stay tuned]
4-2-2014 Intel Guru Delta [via anonymous] the budget is totally finished but we wont see it until the rate changes on the IQD. The CBI does not need to wait on the budget…they are independant of each other and the CBI can release the new rate at any time. IMO, the very latest they could wait to release new rate is May, but if it goes all the way to May, it could be disaterous as the CBI would have to inject more currency into the economy, and the CBI has worked very hard to get the large bills off the streets. [post 1 of 3....stay tuned]
4-2-2014 Intel Guru Frank26 [via anonymous] Watch for the rate change on the CBI...that is where it will show first...10 currencies will be RVing with the IQD.
[Official CBI rate is listed on the left of this screen in the Dinar Guru Resource Bar]
4-2-2014 Newshound Guru Adam Montana All I have to say right now is...LOOKIN GOOD! I want to see the budget passed and let's get the HCL rammed through just in time for a party!
4-2-2014 Newshound Guru tlm724 Article: "The central bank is preparing to take over Iraq's assets in America" So they will take full control of the DFI and thats a good thing...will allow the CBI to invest those funds as most of their debt's are paid off!
4-2-2014 Newshound Guru Millionday Article quote: "MP, Mohamed al-Khalidi, of the Iraqiya Slate confirmed that the parliament will continue holding its session till April, 14th. He stated to All Iraq News Agency (AIN) 'The Budget Law will be endorsed during the decisive upcoming days'." so they are continuing to address the budget and are going to remain in session until the 14th...i believe that...they are depending on the budget and the rate to all work together -- not necessarily one wait on the other but the need to work it together around the same time.
4-2-2014 Intel/Newshound Guru Poppy3 WE ARE IN A GREAT PLACE AND THEY ARE NOT AND HAVE NOT BEEN STATUS QUO ON FINANCE IN MONTHS. NOW THEY ARE MOVING FORWARD AND PROCEEDING TO BECOME A FINANCIAL POWER IN THE WORLD ECONOMY. I SEE ALL POSITIVE.
4-2-2014 Intel Guru Hub ...my currency lady got a text yesterday...this was the text or part of it...the broker knows its done and his contacts lead him to think now...anytime...his guys are imf. 4-1-2014 Newshound Guru tlm724 "Positive international assessment of Iraq's success in achieving monetary stability" it's obvious the IMF is quite pleased with the currency and its stability so why not move things along? The IMF is saying you're doing a good job!
4-1-2014 Newshound Guru Administrator Bob ...today is the official start of political campaigning for the upcoming elections.
4-1-2014 Intel Guru Okie_Oil_Man I AM AWAITING FURTHER CONFIRMATION OF INFORMATION JUST RECEIVED. IF FURTHER CONFIRMATION IS RECEIVED I SHOULD BE MAKING ONE OF MY FINAL POST'S--AND THE ONE YOU HAVE BEEN WAITING FOR.---THIS IS DEFINITELY NOT AN APRIL FOOL JOKE.
4-1-2014 Newshound Guru Kaperoni The next part is just a rehash of the conditions set forth from the 2013 Article IV Consultation which is to "liberalized the foreign exchange" (make the dollar, euro, etc. more accessible throughout Iraq) which in doing so will reduce the spread (2%) to conform per IMF guidelines. In other words, though the CBI has done a good job, they have not done enough. They are not in compliance until they meet these requirements. Not to be negative, but realistically, I think we have at least a month or more before the CBI could request a transition to Article VIII. Continue to keep an eye on the auctions (spread). [post 2 of 2]
4-1-2014 Newshound Guru Kaperoni Article: "Statement by the IMF Mission at the Conclusion of a Staff Visit for Iraq" Quote: “The exchange rate—supported by ample international reserves of the central bank—provides a key nominal anchor to the economy and has served Iraq well. We encouraged the Central Bank of Iraq to renew its efforts to liberalize gradually the foreign exchange market, further reducing the spread between the auction and parallel market rates." What this means is the IMF is saying you have done a good job building hard currency reserves which have stabilized the exchange rate and economy within Iraq (this is the purpose to be in Article XIV). [post 1 of 2....stay tuned]
4-1-2014 Newshound Guru Millionday [If malaki is somehow reelected will it kill our chances of an RV anytime soon?] no the world bank and the imf have slapped his hands to keep hands off -- cbi...they made an order to have the iraqi gov to keep their input etc out of cbi.
4-1-2014 Intel/Newshound Guru Poppy3 THERE ARE NO GUARANTEE'S OF TIMING ON THIS THING BUT...THEY HAVE MADE MORE PROGRESS AND HAVE BEEN MORE DIRECTED FOR THE RV IN THE PASSED TWO MONTHS THAN EVER ...THEY ARE TRULY MAKING EVERY EFFORT TO BE A FINANCIAL POWER OF THE GLOBE. [post 2 of 2]
4-1-2014 Intel/Newshound Guru Poppy3 I TOLD EVERYONE YESTERDAY...NOT TO GET TO HIGH ON JUST THE BUDGET POSSIBLE READING AND WE SAID IT COULD NOT BE VOTED ON AND SAID SO? THE RV IS NOT INCLUDED WITHIN THE BUDGET ONLY PROVISIONS FROM AND TO THE RV ARE CONTAINED. ANOTHER MISS CONCEPTION IS...THAT THE HCL HAS TO PASS FOR A RV. WRONG...AN RV HAS TO HAPPEN BEFORE THE HCL CAN BE FUNDED AND IMPLEMENTED. [post 1 of 2....stay tuned]
4-1-2014 Newshound Guru tlm724 "Hincara confirms its readiness to support Iraq to join the World Trade Organization" *hallelujah* some positive news!! These old agreements are being reworked to meet current international standards, we see them working them all the time! Iraq needs all the support they can get to make this happen!
4-1-2014 Intel Guru TerryK [IYO would they do it on a Friday when Iraq's banks are closed to business?] BEST TIME RIGHT. [today could be our day?] WHAT I'M BEING TOLD. HOPE TODAY IS OUR DAY. [Are ptb still blocking pictures of lower dinars?] I HAVE NOT SEEN THE LOWER DINAR...TO BE HONEST THEY MAY BE IN THE BANK, CBI, BUT NOT ACCESSABLE YET.
4-1-2014 Intel/Newshound Guru Poppy3 THE RV CAN HAPPEN AT ANYTIME FOR SURE BUT IT IS OBVIOUS THEY HAVE WAITED THIS LONG THAT NO AGENCY OR ALL AGENCIES THAT ARE INVOLVED HAVE WAITED THIS LONG THEY ARE NOT GOING TO DO ANYTHING TILL THEY KNOW WHOM WILL NOW BE IN CHARGE AND WHAT their new agenda will be... Lets all just pray that the powers that be feels the need to give the people of IRAQ what they have waited on for almost 11 years now. [post 3 of 3]
4-1-2014 Intel/Newshound Guru Poppy3 NOW NORMALY THE GAZETTE ONLY IS PUBLISHED ON SATURDAYS HOWEVER THEY HAVE MANY TIMES RUN SPECIAL EDITIONS ON SPECIAL OCCASIONS AND I AM SURE IF [THEY] FINALLY STICK TO AN AGREEMENT THAT WOULD BE A VERY SPECIAL OCCASION. I NOW DON'T EXPECT TO SEE THE KURDS ALLOW A QUARUM BEFORE THE MEETING ON THE 14TH 15TH BECAUSE THIS WILL STOP MALIKI IN HIS TRACKS AND THEY WILL BE SURE TO NEVER HAVE TO DEAL WITH HIM ANYMORE. [post 2 of 3....stay tuned]
4-1-2014 Intel/Newshound Guru Poppy3 WELL THE POOR WIDOWS AND ORPHANED FROM THE WAR WILL NOT GET THE PENSIONS TODAY AS PROMISED AND THE IRAQ PEOPLE WILL NOT START DRAWING ANY FUNDS TILL POST RV BECAUSE THE HCL CANNOT BE IMPLEMENTED TILL POST RV BECAUSE THE MONEY WILL NOT START FLOWING TILL POST RV WITH THE IMPLEMENTATION OF THE HCL. SO HERE WE SET STILL WAITING FOR THEM TO GET THEIR ACT TOGETHER AND SETTLE THEIR DIFFERENCES. FIRST THEY MUST AGREE TO A FORMAT THAT WORKS FOR ALL AND THAT THEY WILL STICK TO LONG ENOUGH TO VOTE THINGS INTO LAW THEN THEY MUST IMPLEMENT THINGS AFTER THE PUBLICATION. [post 1 of 3....stay tuned]
4-1-2014 Newshound Guru Millionday [The previous reports stated that the value will change before elections? Am I understanding that correctly?] yes, they have stated that they are working to move forward with many monetary policy changes before the elections.
4-1-2014 Newshound Guru Kaperoni Article: " 'Omnicom' propaganda campaign to adopt electoral Maliki for $ 50 million" This is really interesting...and a possible conflict of interest. A US company is running Maliki's re-election campaign. ...it was announced today that campaigning starts officially tomorrow!
4-1-2014 Newshound Guru RED LILY ARTICLE: "Parliament: promises to start a debate and discuss the project stage?" Quote: "House of Representatives held at eleven in the morning, today's session chaired by House Speaker Osama Najafi. During the session, and >> will be voting on a bill to exempt Iraqi and foreign companies implementing investment projects, and vote on the bill modulated" WHAT A WAY TO START THE DAY!! Looks like they may finally pass a law that gets them closer to complying with WTO/IMF/World Bank INTERNATIONAL STANDARDS! This is GREAT news if the translation is correct...
4-1-2014 Newshound Guru Millionday Article quote: "The government rejects the initiative of the Kurdistan region included exported a hundred thousand barrels of oil per day, and insists on the obligation amount specified budget, which is 400 thousand barrels," baghdad is refusing to let the kurds control the amount and have said no. the budget is on the agenda tomorrow [Tuesday] and also was added to today`s [Monday's] discussion at the last minute...before the door was open the answer was no from maliki. the second reading will be tomorrow -- however it is not hard to see -- the 100 thousand did not go over well...the budget calls for 400 thousand. [post 2 of 2]
4-1-2014 Newshound Guru Millionday Article quote: "...on Sunday, the refusal of the Federal Government's initiative of the Kurdistan region to export a hundred thousand barrels returned to welcome the Deputy Prime Minister for Energy Affairs, by "personal view", while accusing the Kurdistan Alliance, a coalition of Maliki obstructing the work of the parliamentary committee triple resolve Budget problems..." the kurds stayed in iraq (Baghdad) to wait for response...well we have one - now please know that it is the hands of parliament -- but we have this... [post `1 of 2....stay tuned]
3-31-2014 Intel/Newshound Guru Poppy3 WHILE I THINK TOMORROW MAY BE a very GOOD DAY, TRY AND CONTROL YOURSELVES TILL THE FACTS COME OUT AND THE READING AND VOTES ARE TRULY COMPLETE AND THE RV IS ANNOUNCED ON THE CBI SITE.
3-31-2014 Intel Guru TerryK NO NEW NEWS...JUST HEARING THAT EVERYONE IS SAYING THE 1 ST.
3-31-2014 Newshound Guru Millionday Article quote: "...stressing Parliament on the need to approve oil and gas law to resolve disputes between the center and the Kurdistan region and the rest of the producing provinces as well as to regulate the relationship between Iraq and international companies operating in its territory." obviously this stating that the oil and gas law needs to be used shows it is just sitting there -- Iraq has the law complete as we found in a report but has not put it in place...so obviously -- yes they need the law in place -- it only makes sense - they spent so much time on it and then just put it on a shelf. they have many many things they are doing to prepare for a market economy...a market economy requires reality rate and also requires their currency on the market as well.
3-31-2014 Newshound Guru tlm724 Article: "Iraq is planning to three loans, one of them an international bridge the budget deficit" Quotes: "...government to resort to three options to fill the shortfall in the general budget of the country in 2014" "A few days ago, threatened the World Bank, to develop Iraq in the black list, if the Iraqi government continued to intervene in the work of the central bank and private borrowing it." they sure have put themselves right up against the wall, the people are waiting for their money, the pressure is on big time! The World bank and IMF are on their azz! now it's the make it or break it moment for Iraq!
3-31-2014 Intel Guru TNT Tony It was supposed to go Friday & the reason it didn't was simply document issues that didn't get done that are now done. [Guru] DC told us on Friday that the lower denoms were being issued sporadicly in Iraq...today they are being issued everywhere. Our guy over there tried to send pictures through email and phone and both were blocked. We are looking for 800#'s to go out to the public and the instructions that go with it. Everybody is ready. I think this is based on what all are hearing, what's being said in Iraq. Maliki is counting on this to win the vote, the bond sale did go through on Friday at 3.71 and it must be an international rate for that to happen. It is up to the IMF to say go.
3-31-2014 Newshound Guru tlm724 Article: "Next Sunday .. distribution of salaries of workers secured" so on April 6th they intend to distribute these funds ... there is a lot of money that is going to be distributed in the next week, makes me question where it is coming from...
3-31-2014 Newshound Guru Millionday Article quote "...the session went out important recommendations contribute to the entry of Arab and foreign investors the Iraqi market and to support the national economy." this means that massive foreign investment is going to begin in Iraq and they have to have a reality rate in order to do that...they are preparing without a doubt to open the doors...the New Iraq...all of this is preparation for the rate and the doors to open for trade of their products and of course their largest product ---THE DINAR.
3-31-2014 Intel Guru TerryK NOTE I SAID TUESDAY TWO DAYS AGO RIGHT. IT'S ALL FOCUSED ON THE 1ST FOR BOND PAYMENT AND THEN 24-72 HOURS AFTERWARDS.
3-31-2014 Intel Guru Jester THE IMF IS NOT REALLY IN CONTROL OF ANYTHING... THEY ARE ADVISED BY THE BOARD BUT RUN BY THE COUNTRIES... THE COUNTRIES HAVE VOTING RIGHTS ACCORDING TO THEIR CONTRIBUTIONS AND THEY MEET EVERY SO OFTEN TO VOTE ON CERTAIN THINGS... THE RUNNING OF THE IMF IS A CORPORATE STRUCTURE OF PROCEDURES...
3-31-2014 Newshound Guru Kaperoni Article: "Iraq gets on behalf of the General Union of Chambers of Commerce, Industry and Agriculture for Arab first time its history" That's pretty good...first time they been able to attend the Arab Chamber of Commerce meetings in 42 years and they seated the presidency. Good news for sure.
3-31-2014 Newshound Guru Millionday Report quote: "...Iraq is a member of the Free Trade Area of the Greater Arab known as "GAFTA", which achieved commercial exchange low tariffs on goods produced in Arab countries." this is a huge step that shows us we are very close to Iraq picking itself up and dusting off and moving forward as expected to a massive trade force in the region and the world --- FREE ZONES SET --- love the timing -- looking good.
Read more: http://www.dinarguru.com/#ixzz2yDQ61UrR
4-6-2014 Newshound/Intel Guru BGG [Do you think there's any chance of the U.N. forcing Iraq back under chapter 7 with all this garbage going on about budget, elections?] I think there were some serious threats laid out in the last "IMF pre-consultations" - Iraq had better take this serious. Maliki keeps monkeying with the CBI they promised worse sanctions than the "previous regime" - I think is the language they used.
4-6-2014 Intel/Newshound Guru Poppy3 [do you think they will wait till caretaker gov is in place before any monetary reform?] NO, I THINK THE RV CAN GO ANYTIME AND THAT THE FINANCIAL REFORM PROCESS HAS BEEN PROCEEDING ON SCHEDULE ...
4-6-2014 Newshound Guru Kaperoni Article: "Urgent .. postpone the parliament session until further notice pending agreement on a budget" I would expect that parliament is dead until after the elections now. Nobody wants to work with Maliki. Unfortunately, the Kurds will never agree to come to parliament to vote until there is a oil agreement since they want to be assured they will get their 17% revenue. Something Maliki never has delivered on. I was just thinking this may be to our benefit..since this may reflect negatively on Maliki, it may force him to get the CBI to make monetary change as a way to save face.
4-6-2014 Newshound/Intel Guru BGG Third...if the CBI truly intended to keep the value at 1166 – would it not be a reasonable conclusion they would regularly replace the worn and damaged currency? This has been a source of major complaint for some time now...any normal economy has a plan in place for removal and replacement of worn and damaged currency. The US replaces significant amounts of our currency on a regular basis. This is a common practice. Not in Iraq (currently) – Why? [post 3 of 3]
4-6-2014 Newshound/Intel Guru BGG Second...if there is such a glut of Dinar and big notes ...then where in the heck are they? Private banks are screaming for liquidity – THEY NEED NOTES!! If there is so much stinking Dinar in circulation – it should be a simple matter to obtain what the market (in Iraq) needs. THIS IS NOT THE CASE. [post 2 of 3....stay tuned]
4-6-2014 Newshound/Intel Guru BGG First...If Iraq is buying gold as a “financial mattress” (a buffer or hedge would be the proper terms) for their currency, then my point is – they are building the DINAR a SERIOUS MATTRESS and I would submit this DOES POINT OUT SOME SERIOUS SHIFT in monetary policy. It is obvious. [post 1 of 3....stay tuned]
4-6-2014 Newshound Guru Millionday the hcl is reported to us as complete and not activated -- the reason it would not be activated is because the raise in value and entry to global market will fund the law.
4-6-2014 Intel/Newshound Guru Poppy3 THE GOLD IS IN THE BANK IN IRAQ, THE HCL AND BUDGET THEY ARE SAYING WILL BE COMPLETED BEFORE THE 15TH OF THIS MONTH, MALIKI'S REIGN IS ABOUT OVER AND THEY HAVE ALL TURNED AGAINST HIM. TIME WILL TELL BUT WE ARE IN POSITION TO BE BLESSED.
4-6-2014 Newshound Guru Red Lily [This] is based on my studies of Iraq news for the last month (and past 5 years)... We have seen that parliament has not made any progress on passing the budget as election propaganda took to the road April 1st. We have seen an article stating the HCL has not been implemented as of late. It is true that Maliki agreed to the 'framework' of the HCL. Even signed off on it years ago. Then made an Executive Decision that it needed to be revised and not implemented. Since then I do not recall any revisions and it certainly has not been applied as law. It seems the economy is doing well although Oil Exports were down. Iraq is certainly expanding and diversifying its national product as the IMF has advised them to do.
4-6-2014 Newshound Guru Millionday Article Quote: "Parliamentary Economic Committee low gold prices in the Iraqi market and the high value of the Iraqi dinar against the dollar and world currencies..." the purchase of the gold will lower the prices and also allow a higher rate of the value of the dinar...the gold is being used as a reserve to hard back the printed currency -- it is a hard backed currency. for the currency to be respected internationally -- it has to be an international currency at a reality rate of course -- respected on the market and stable. CBI is working to create a stable dinar rate internationally - this is what we want and should be expecting with a hard backed currency.
4-6-2014 Intel Guru TerryK so they are saying it either gets into the main stream or they are leaving, so there is an emergency session ongoing what i was told today to get the oil is flowing where it needs to flow into… dollar wise. so with that to happen sunday, if it does we are to see the release very soon...like tomorrow night. however with that said i would not look for it to hit our hands for 24-72 hours. hearing 8.16…. Nothing less. [post 2 of 2]
4-6-2014 Intel Guru TerryK i was told today that today m [Maliki] assured the imf he has no intent on taking the position even if he won...There is now a rush to process this crap even as soon as tomorrow afternoon. Not as much for m [Maliki] as it is for the country as investors that were there usa are looking to pull out do to the lack of $ support from the government...the investors are crying that the oil is flowing but not where it needs to flow into…dollar wise. [post 1 of 2....stay tuned]
4-5-2014 Newshound Guru Shredd Article: "90 tons reserves, "central" of gold to support the value of the dinar" Sure seems we can say we are close to the end of what the CBI is preparing for. Gathering gold from around the world. The last article we saw the announcement of acquiring 36 tons, now we see they have acquired 60 tons over the last two months and are now at 90 tons. This is quick preparation and for what? Propping up the poor rate of the dinar to stabilize it? No. Simply replacing the old dinar for the new with no change in the monetary policy? No. Preparing for the coming increase in the value of the dinar? Yes.
4-5-2014 Newshound Guru tlm724 Article: "90 tons reserves, "central" of gold to support the value of the dinar" Quote: "his desire to support the value of the national currency" love seeing this repeated over and over!! gold to support the value of the dinar *hallelujah*
4-5-2014 Newshound Guru Tlar So Maliki has just been exposed as to the real reason he wants Turki out of there and “his guy” in. This article should dispel those out there that still believe Turki is a yes man for Maliki. These records will ultimately finish Maliki and his cronies if this information ever sees the light of day and they know it. This information will...be exposed before the elections which I doubt...unless Maliki makes an immunity deal before the elections and bows out and is allowed to leave the country. [post 2 of 2]
4-5-2014 Newshound Guru Tlar Article: "Mysteries and Secrets of the exclusion of al-Maliki to head the central bank" Maliki is (was) trying to make sure that he controls the information flow from the CBI before the elections by attempting to replace Turki with his loyal unqualified yes man. He knows Turki is not his guy and Turki knows where all the stolen money is and has kept good records of the amounts. He most likely has been in contact with Shabibi and has those records to. At least Maliki is just trying to replace Turki instead of having his thugs burn the CBI like he did last time. [post 1 of 2....stay tuned]
4-4-2014 Newshound/Intel Guru Randy Koonce I BELIEVE THAT WE WILL BE DONE BY THE MIDDLE OF APRIL...if for some reason we are not I will get the reason... but for now all parties are aligning very well. So tonight to the middle of April is extremely important to us in this investment...continue to check the cbi website for the rate change...if they do it in the mornings Iraq time that is around 12 midnight to 2 in the morning...those have been good window following when the bank updates its screens. RELAX and be smart about your money it is a currency very hard to track...DO NOT LET IT OUT OF YOUR SITE UNTIL YOU GET MONEY IN RETURN...PLEASE BE SMART ABOUT IT...Breathe. [post 3 of 3]
4-4-2014 Newshound/Intel Guru Randy Koonce ...do not fall for the 800# and private stuff the rate will be the rate and you will not be able to get more than what the bank pays...the last rate that was given to us is between 2 and 3 dollars. The Banks all and I mean All banks will participate in the exchange, that deal in foreign currency. DO NOT WORRY ABOUT whether or not you will be able to cash in, Take your time and Breathe...if you want cash a little then go back do some more... [post 2 of 3....stay tuned]
4-4-2014 Newshound/Intel Guru Randy Koonce Ok. the pressure is on for Maliki he is just about to bounce off the walls to get this out and the IMF has drug their feet and making Maliki sign off on things Like HCL and Budget, and etc... I am going to state every thing is done that has to be done for the RV to take place so no one has to ask the question does Iraq need this to RV...Answer is NO... They are Ready...Every Day is a Hot day until the election...I want everyone to know that this can go off on any day of the week...the window is as open as I have ever seen this thing be...the CBI is ready Maliki is ready and the IMF is getting ready so when the stars align like they are now the window is open wide. [post 1 of 3....stay tuned]
4-5-2014 Newshound/Intel Guru BGG Article: "Maliki: Postponement of the elections, we will open the fire of hell and ends with Iraq" This is just Maliki keeping pace with his political rivals and trying to limit the damage they can do him over the next month. In truth – he would postpone these elections in a heart-beat if he thought he could get away with it. In fact, postponement is something he has been known to threaten.
4-5-2014 Newshound Guru Kaperoni [do you feel that once they are in compliance then they will move forward or do you think they will wait for their government to...be more unified in their monetary policy.] I try to refrain from giving opinions and rather use words or quotes from Iraq. So to answer your question I will use a quote... "that the Iraqi Dinar will be reevaluated and accepted among world currencies sooner than expected."
4-5-2014 Intel Guru Frank26 I have never seen a House built Without a Foundation...That lasted. If it was up to M [Maliki] and the GOI the RI/RV would have occurred seconds after the coalition force gave him Force. IMO, I am thankful that S [Shabibi], CBI, IMF and UST are in control of what they are doing with the M R [Monetary Reform]. You Will be too. The GOI said no can use USD's any more cause they want to RI/RV when they feel comfortable enough. When is that? IOO, When they use up the non-pegged and NOW USELESS USDs to buy up a specific amount of Gold to replace the worthless UDS with GOLD and electronic IQD 000s. This would strongly position them to release the LDs. 4-4-2014 Intel Guru DC Shabbi and Turki should get a Nobel prize for what they have done to build up their reserves. The IMF and World bank are saying, you are one of the richest banks. Enormous amount of reserves. Bottom line, all are expecting it, all is in lockdown for few days. The IMF, UST are ready. It's in the IMF's hands as far as timing...coordinating. The wonderful thing is, they are trying to figure out how to split the money for humanitarian projects, etc. We are going to be a part of one of the biggest financial deals ever in history! Things look really, really good for the next few days...can't get more specific than that. [post 2 of 2]
4-4-2014 Intel Guru DC What is going on in Iraq? The lower demoms did go out in mass. Bankers there were tired of waiting and decided to let them go. Some are paying at 3.77 and some at 1166. It's uncoordinated and confusing and it's kind of a mess right now creating a tough situation forcing the hand on this. They need this RV in the next day or two days and it puts more pressure on to get this done NOW! . [post 1 of 2....stay tuned]
4-4-2014 Newshound Guru Kaperoni Article: "Central bank: 15 Arab and foreign banks opened branches in Iraq since the beginning of" International banks are there to make money. We know the market economy cannot function without a convertible/international currency. The conbination of these two will push this event forward in short order once the CBI is in compliance.
4-4-2014 Intel Guru Bluwolf As I wait for the final notice, it seems that a lot of misguided or a strange information or disinformation has been placed. The truth being that all is still going to occur according to the plan...So we still wait on the US to give us our final signal to go exchange..We are very close but like I said...the whole world is just waiting on guess who, the US to do their share on giving its GO.
4-4-2014 Intel Guru TNT Tony There was a specific reason it didn't go last week. [Will this go past the Iraqi election?] I don't think so, Maliki needs this before the election. Right now everyone is excited, happy and waiting...all is ready. Before it was about rates, dates, etc...then it was about the process and bringing it to the public...NOW it's about it's already happened and what do we do with all this, how do we do it, and who gets what portion...how do we divide this money for the different programs. They wouldn't be talking about that if it hadn't been finalized. I am looking for great great weekend. It could happen at any time.
4-4-2014 Newshound Guru tlm724 Article: "Central Bank: high pure gold reserves during the last two months" Quotes: "that reserves the CBI of pure gold reached up to 90 tons, after he bought 60 tons during the last two months." "...and various destinations in the framework of the diversification of its reserves and support the value of the dinar Iraqi." 90 tons!! it has doubled its gold reserves at the Central Bank of Iraq three times what it was like the end of 2012.
4-4-2014 Newshound Guru Shredd Article: "Central bank: 15 Arab and foreign banks opened branches in Iraq since the beginning of this year" I think we tend to overlook but the continued growth of banking operations is awesome...banking infrastructure shows the anticipated growth and the faith in that growth from a cash flow perspective. I mean, why build so many banks with business as usual...
4-4-2014 Intel/Newshound Guru Poppy3 ALL IS WELL IN DINAR LAND AND THE IRAQ PEOPLE ALONG WITH US WILL BE BASKING IN BLESSINGS IN THE VERY NEAR FUTURE. HEARD LAST EVENING THE CBI DELEGATION IS IN NEW YORK FOR MEETINGS TODAY. LET JUST PRAY THEY ARE ALL IN FAVOR OF CONTINUING TO MOVE FORWARD WITH THE FINANCIAL PROGRESS AND GET THE RV DONE... WE CAN ALL REST ASSURED IF THEY GET WHAT THEY NEED WE WILL HAVE WHAT WE ARE EXPECTING. PAY CLOSE ATTENTION TO THE DAYS BETWEEN THE 9TH AND 15TH OF APRIL.
4-4-2014 Intel Guru TD As I stated weeks ago that nothing (agendas/business) is really moving forward this close to the elections and that's even more true now. I just wanted to weigh in briefly regarding the (now again) recycled rumor that Iraq has prohibited the use of the dollar and from conversations as recent as today, Friday, that simply is false. In fact most all merchants still ask FIRST for the dollar.
4-4-2014 Intel/Newshoud Guru Poppy3 IMO, the HCL will be announced at the same time as the RV and then they will be able to implement the Tarrif Law. I believe that this is how this will have to happen. They haven't come this far financially and banking wise on upgrading everything to drop the ball at this stage. We are going to see this thing in the very near future.
4-4-2014 Newshound/Intel Guru BGG Article: "Independent MP : the National Safety Law is a dictatorial coup against democracy" This is saying the CoM (the GOI) has sent a bill to Parliament “Declaring a State of Emergency” – This looks like a “last ditch effort” on Maliki’s part to subvert the looming elections and stay in power. I highly doubt the Parliament will enact or proceed with this bill. It is fully against such “bold faced coup attempts".
4-3-2014 Newshound Guru Bondlady we know the CBI is about to do something with its monetary policy, to what extent we don't know but the big gold buy up , the massive reserves of foreign currency they have, articles saying the dinar is drying up and less out there being released and the m2 was being lowered, all these signs are positive signs for us.
4-3-2014 Intel Guru Mnt Goat There was an Article IV meeting in Jordan mid last month (in March). I have heard the IMF gave the green light to go ahead with their currency reform project and release the new rate. The CBI announced in an article last fall that we would see the RV take place prior to June 2014. All my sources are all saying that all they are waiting for is to see the new rate released by the CBI. That’s all. And while no one knows the date...all are agreeing it’s very close. Currently I am hearing the IMF is waiting for the CBI to make the announcement. Will they only RV the IQD and VND? I am hearing all 190+ currencies are still set to go soon and together. [post 2 of 2]
4-3-2014 Intel Guru Mnt Goat Technically the long term strategic plan for Iraq called for us all to have exchanged our currency by now and the project to delete the zeros ending this year of June 2104. The CBI has now drawn in nearly all the large 3 zero notes out of circulation from their citizens in country. The use of the US dollar in country is now prohibited. Banks and businesses are not allowed to accept USD. The average citizen has been using the government sponsored debit card or SMART Card... I will say they do need hard currency in the hands of the citizens. They need the lower denoms and coins. This part of the process is stalled. This must happen real soon! [post 1 of 2....stay tuned]
4-3-2014 Intel Guru TNT Tony We are in great position. It is still in Christine Legarde's control - They are dotting the I's crossing T's. [I read that 13303 is going to expire May 22. Is it a concern?] It is not a concern at all and I dont think it will drag out until then. [You said we shouldn't get out of the month of April. Is that right?] That's my understanding. There are no hold ups now. They are waiting for the time to be right. We are looking for it at any time - minutes, hours, days, they don't want us to know when - they want it to sneak up on us. I can tell you everybody is happy - there are no problems. We are within striking distance.
4-3-2014 Newshound Guru Kaperoni Article: "Shara: non-enactment of the oil and gas behind the delay in approving the budget" I do not think the HCL is in the budget or is directly related. The KRG simply want this HCL worked out and done before they are willing to accommodate and help Maliki.
4-3-2014 Newshound Guru Adam Montana [...if for some chance [Maliki] does win the elections for a third term, would the US step in and stop it, or will they sit back and watch everything just fall apart or is there a bigger picture that we just don't see.] I can't give a 100% answer on it, but I tend to think that Iraq is going to go forward and the dinar will rise in value regardless of who wins the next elections.
4-3-2014 Newshound Guru Millionday there was confusion on the agenda today [Wednesday] for the budget...the second reading...and it has been agreed by all to have it tomorrow with promise to the kurds whom have remained. they have agreed to export the 100,000 per the agreement they made to go ahead with the budget -- this is temporary... today [Wednesday] they started the process of putting out the 100,000 barrels of oil by the kurds so we can see through the action the agreement seems to be made.
4-3-2014 Intel Guru Frank26 ...three weeks ago [we shared] ...that Iraq opened an international trade office in Houston, Texas. Today [Wednesday] the CBI website in Arabic only has announced that this same office will be opening in Basra to ACTIVATE trade with the USA. This is international trade for the Trade Agreement and TISA Agreement...this is a giant step for the MR [Monetary Reform].
4-3-2014 Intel/Newshound Guru Poppy3 ...AGAIN I HAVE BEEN ASK DO I THINK THIS WILL RV PRIOR TO THE ELECTION. WELL IF THEY DO WHAT THEY HAVE ANNOUNCED AND PUT ON THEIR TV, YES. BUT I MUST WARN EVERYONE TO WAIT AND SEE IF THEIR ACTIONS MATCH THEIR WORDS. REMEMBER THEY PUBLICIZED LAST WEEK THAT ALL THE PENSIONS WOULD START BEING PAID ON APRIL 1 AND HERE WE SET WITHOUT A WORD ON THE PENSIONS...AGAIN ACTIONS SPEAK VOLUMES OVER ANYTHING THEY SAY.
4-3-2014 Newshound Guru Adam Montana [I know you have stated the HCL has to happen before an RV but what do you think of the comment I read that states an RV has to happen before the HCL can be funded and implemented?] I think this one is a coin toss - it's really 50/50 on if Iraq will RV then HCL, or HCL then RV. It could go either way!
4-3-2014 Newshound Guru Kaperoni Article: "Central raises for protection of Iraqi funds in U.S. banks" If they let 13303 expire...Iraq would have to make sure they pay their bills, settle disputes, etc. (btw, they are being trained on arbitration etc in May). Otherwise, this money that sits in US bank accounts could be subject to garnishment/judgements. It has always been my position that the US should protect it until Iraq was ready to stand up on their own internationally because these funds are Iraq's assets which could be used to back its currency. CLDP training for Iraq...is clearly preparing Iraq for international business. I find it interesting the training is [May] 18-22 (the day 13303 expires). Having a legal framework for arbitration is important, especially for WTO accession. This group is educating Iraq for that process. Quietly, Iraq is getting reading to make a splash.
4-2-2014 Newshound Guru Millionday [After the second reading takes place is there a certain amount of days that they have to wait in order to have a vote on the budget?] not that i have seen -- the next meeting of quorum would bring it if that is what they are doing. they have voted many things through the next day.
4-2-2014 Newshound Guru Adam Montana [do you think the new rate will be in the 2014 budget...?] I've maintained for years that the budget won't reflect an RV'd amount until after the RV.
4-2-2014 Intel Guru EXOGEN WHERE ARE WE TODAY... THE SONG “THE FINAL COUNTDOWN” IS NOW PLAYING IN YOUR HEAD!
4-2-2014 Newshound Guru Aggiedad77 Article: "Mura'bi Tayfur responding to the demands of the Presidency and the completion of reading the budget" Again, due to a lack of a quorum, it appears the State Law coalition will not show up if the budget is on the agenda at the moment...so today's Parliament session was a bust...and sounds like tomorrow's session could be in question if the budget is again on the agenda...
4-2-2014 Intel Guru TNT Tony [You said you were expecting this at Thanksgiving/Christmas, why is this time different?] There have been more things accomplished, announcements made in Iraq when they expect it...there's a lot of things different from the past. It's clear if you've been following the details it absolutely could have happened at Christmas and all this negotioating could have happened after. There is definitely something going on in Iraq today. An article states their economy will change between 1st and 14th. I think everything is lined up right where they want it to be. We are absolutely coming to the end of this process. Everyone is happy. There is no fussing or fighting. Nothing but good news out there. I absolutely hope I come back later.
4-2-2014 Intel Guru Nova [via anonymous] [Guru] Delta read the report that says...the CBI says the IMF gave them permission to go ahead with their monetary reform...This is huge news.
4-2-2014 Newshound Guru Adam Montana [I've read one news article that has stated that Iraq is reducing it's money supply-which would be good for an RV. Then another article regarding the latest large purchase of gold that Iraq is using to maintain the backing behind printing more currency and NOT preparing for an RV. Which is correct? ] The articles that come out of Iraq are constantly contradicting themselves. I don't see their gold purchase as a bad thing at all! WHY they are purchasing gold is debatable, but I guarantee you they aren't going to issue a press release stating that they are buying it to prepare for an RV! With that in mind, we have to realize that the conflicting articles are trivial, and we have to look at the fundamentals: Can Iraq sustain a higher value? YES. Do we believe they have reason to do so? YES.
4-2-2014 Intel Guru Delta There was an Article IV meeting in Jordan in March and IMO, the IMF gave the green light to go ahead with the monetary reform…The question is will they release it before or after the elections? IMO, it could happen any day, any time of day…just it cannot go past the end of May. There is tremendous pressure for the CBI to release the new rate, and the citizens of Iraq are also under tremendous pressure…IMO, we are in a 60 day window, but we could see the new rate at any time!! ...this is a 100% fact directly from the CBI, that the new rate will be released BEFORE JUNE 2014.. Not in June or after June , but BEFORE....we will probably see 2-3 announcements come out and then the new rate. [post 3 of 3]
4-2-2014 Intel Guru Delta ...report on Iraq from the IMF...confirms that the IMF is happy with Iraq and the rate spread and the IMF is supporting Iraq and encouraging them to go ahead with their monetary reform policy! This report is in the news and announcements section of the CBI...remember that they will never announce “hey, we are raising the rate of the IQD!”, and remember the MR (monetary reform) is mainly for the citizens of Iraq. [post 2 of 3....stay tuned]
4-2-2014 Intel Guru Delta [via anonymous] the budget is totally finished but we wont see it until the rate changes on the IQD. The CBI does not need to wait on the budget…they are independant of each other and the CBI can release the new rate at any time. IMO, the very latest they could wait to release new rate is May, but if it goes all the way to May, it could be disaterous as the CBI would have to inject more currency into the economy, and the CBI has worked very hard to get the large bills off the streets. [post 1 of 3....stay tuned]
4-2-2014 Intel Guru Frank26 [via anonymous] Watch for the rate change on the CBI...that is where it will show first...10 currencies will be RVing with the IQD.
[Official CBI rate is listed on the left of this screen in the Dinar Guru Resource Bar]
4-2-2014 Newshound Guru Adam Montana All I have to say right now is...LOOKIN GOOD! I want to see the budget passed and let's get the HCL rammed through just in time for a party!
4-2-2014 Newshound Guru tlm724 Article: "The central bank is preparing to take over Iraq's assets in America" So they will take full control of the DFI and thats a good thing...will allow the CBI to invest those funds as most of their debt's are paid off!
4-2-2014 Newshound Guru Millionday Article quote: "MP, Mohamed al-Khalidi, of the Iraqiya Slate confirmed that the parliament will continue holding its session till April, 14th. He stated to All Iraq News Agency (AIN) 'The Budget Law will be endorsed during the decisive upcoming days'." so they are continuing to address the budget and are going to remain in session until the 14th...i believe that...they are depending on the budget and the rate to all work together -- not necessarily one wait on the other but the need to work it together around the same time.
4-2-2014 Intel/Newshound Guru Poppy3 WE ARE IN A GREAT PLACE AND THEY ARE NOT AND HAVE NOT BEEN STATUS QUO ON FINANCE IN MONTHS. NOW THEY ARE MOVING FORWARD AND PROCEEDING TO BECOME A FINANCIAL POWER IN THE WORLD ECONOMY. I SEE ALL POSITIVE.
4-2-2014 Intel Guru Hub ...my currency lady got a text yesterday...this was the text or part of it...the broker knows its done and his contacts lead him to think now...anytime...his guys are imf. 4-1-2014 Newshound Guru tlm724 "Positive international assessment of Iraq's success in achieving monetary stability" it's obvious the IMF is quite pleased with the currency and its stability so why not move things along? The IMF is saying you're doing a good job!
4-1-2014 Newshound Guru Administrator Bob ...today is the official start of political campaigning for the upcoming elections.
4-1-2014 Intel Guru Okie_Oil_Man I AM AWAITING FURTHER CONFIRMATION OF INFORMATION JUST RECEIVED. IF FURTHER CONFIRMATION IS RECEIVED I SHOULD BE MAKING ONE OF MY FINAL POST'S--AND THE ONE YOU HAVE BEEN WAITING FOR.---THIS IS DEFINITELY NOT AN APRIL FOOL JOKE.
4-1-2014 Newshound Guru Kaperoni The next part is just a rehash of the conditions set forth from the 2013 Article IV Consultation which is to "liberalized the foreign exchange" (make the dollar, euro, etc. more accessible throughout Iraq) which in doing so will reduce the spread (2%) to conform per IMF guidelines. In other words, though the CBI has done a good job, they have not done enough. They are not in compliance until they meet these requirements. Not to be negative, but realistically, I think we have at least a month or more before the CBI could request a transition to Article VIII. Continue to keep an eye on the auctions (spread). [post 2 of 2]
4-1-2014 Newshound Guru Kaperoni Article: "Statement by the IMF Mission at the Conclusion of a Staff Visit for Iraq" Quote: “The exchange rate—supported by ample international reserves of the central bank—provides a key nominal anchor to the economy and has served Iraq well. We encouraged the Central Bank of Iraq to renew its efforts to liberalize gradually the foreign exchange market, further reducing the spread between the auction and parallel market rates." What this means is the IMF is saying you have done a good job building hard currency reserves which have stabilized the exchange rate and economy within Iraq (this is the purpose to be in Article XIV). [post 1 of 2....stay tuned]
4-1-2014 Newshound Guru Millionday [If malaki is somehow reelected will it kill our chances of an RV anytime soon?] no the world bank and the imf have slapped his hands to keep hands off -- cbi...they made an order to have the iraqi gov to keep their input etc out of cbi.
4-1-2014 Intel/Newshound Guru Poppy3 THERE ARE NO GUARANTEE'S OF TIMING ON THIS THING BUT...THEY HAVE MADE MORE PROGRESS AND HAVE BEEN MORE DIRECTED FOR THE RV IN THE PASSED TWO MONTHS THAN EVER ...THEY ARE TRULY MAKING EVERY EFFORT TO BE A FINANCIAL POWER OF THE GLOBE. [post 2 of 2]
4-1-2014 Intel/Newshound Guru Poppy3 I TOLD EVERYONE YESTERDAY...NOT TO GET TO HIGH ON JUST THE BUDGET POSSIBLE READING AND WE SAID IT COULD NOT BE VOTED ON AND SAID SO? THE RV IS NOT INCLUDED WITHIN THE BUDGET ONLY PROVISIONS FROM AND TO THE RV ARE CONTAINED. ANOTHER MISS CONCEPTION IS...THAT THE HCL HAS TO PASS FOR A RV. WRONG...AN RV HAS TO HAPPEN BEFORE THE HCL CAN BE FUNDED AND IMPLEMENTED. [post 1 of 2....stay tuned]
4-1-2014 Newshound Guru tlm724 "Hincara confirms its readiness to support Iraq to join the World Trade Organization" *hallelujah* some positive news!! These old agreements are being reworked to meet current international standards, we see them working them all the time! Iraq needs all the support they can get to make this happen!
4-1-2014 Intel Guru TerryK [IYO would they do it on a Friday when Iraq's banks are closed to business?] BEST TIME RIGHT. [today could be our day?] WHAT I'M BEING TOLD. HOPE TODAY IS OUR DAY. [Are ptb still blocking pictures of lower dinars?] I HAVE NOT SEEN THE LOWER DINAR...TO BE HONEST THEY MAY BE IN THE BANK, CBI, BUT NOT ACCESSABLE YET.
4-1-2014 Intel/Newshound Guru Poppy3 THE RV CAN HAPPEN AT ANYTIME FOR SURE BUT IT IS OBVIOUS THEY HAVE WAITED THIS LONG THAT NO AGENCY OR ALL AGENCIES THAT ARE INVOLVED HAVE WAITED THIS LONG THEY ARE NOT GOING TO DO ANYTHING TILL THEY KNOW WHOM WILL NOW BE IN CHARGE AND WHAT their new agenda will be... Lets all just pray that the powers that be feels the need to give the people of IRAQ what they have waited on for almost 11 years now. [post 3 of 3]
4-1-2014 Intel/Newshound Guru Poppy3 NOW NORMALY THE GAZETTE ONLY IS PUBLISHED ON SATURDAYS HOWEVER THEY HAVE MANY TIMES RUN SPECIAL EDITIONS ON SPECIAL OCCASIONS AND I AM SURE IF [THEY] FINALLY STICK TO AN AGREEMENT THAT WOULD BE A VERY SPECIAL OCCASION. I NOW DON'T EXPECT TO SEE THE KURDS ALLOW A QUARUM BEFORE THE MEETING ON THE 14TH 15TH BECAUSE THIS WILL STOP MALIKI IN HIS TRACKS AND THEY WILL BE SURE TO NEVER HAVE TO DEAL WITH HIM ANYMORE. [post 2 of 3....stay tuned]
4-1-2014 Intel/Newshound Guru Poppy3 WELL THE POOR WIDOWS AND ORPHANED FROM THE WAR WILL NOT GET THE PENSIONS TODAY AS PROMISED AND THE IRAQ PEOPLE WILL NOT START DRAWING ANY FUNDS TILL POST RV BECAUSE THE HCL CANNOT BE IMPLEMENTED TILL POST RV BECAUSE THE MONEY WILL NOT START FLOWING TILL POST RV WITH THE IMPLEMENTATION OF THE HCL. SO HERE WE SET STILL WAITING FOR THEM TO GET THEIR ACT TOGETHER AND SETTLE THEIR DIFFERENCES. FIRST THEY MUST AGREE TO A FORMAT THAT WORKS FOR ALL AND THAT THEY WILL STICK TO LONG ENOUGH TO VOTE THINGS INTO LAW THEN THEY MUST IMPLEMENT THINGS AFTER THE PUBLICATION. [post 1 of 3....stay tuned]
4-1-2014 Newshound Guru Millionday [The previous reports stated that the value will change before elections? Am I understanding that correctly?] yes, they have stated that they are working to move forward with many monetary policy changes before the elections.
4-1-2014 Newshound Guru Kaperoni Article: " 'Omnicom' propaganda campaign to adopt electoral Maliki for $ 50 million" This is really interesting...and a possible conflict of interest. A US company is running Maliki's re-election campaign. ...it was announced today that campaigning starts officially tomorrow!
4-1-2014 Newshound Guru RED LILY ARTICLE: "Parliament: promises to start a debate and discuss the project stage?" Quote: "House of Representatives held at eleven in the morning, today's session chaired by House Speaker Osama Najafi. During the session, and >> will be voting on a bill to exempt Iraqi and foreign companies implementing investment projects, and vote on the bill modulated" WHAT A WAY TO START THE DAY!! Looks like they may finally pass a law that gets them closer to complying with WTO/IMF/World Bank INTERNATIONAL STANDARDS! This is GREAT news if the translation is correct...
4-1-2014 Newshound Guru Millionday Article quote: "The government rejects the initiative of the Kurdistan region included exported a hundred thousand barrels of oil per day, and insists on the obligation amount specified budget, which is 400 thousand barrels," baghdad is refusing to let the kurds control the amount and have said no. the budget is on the agenda tomorrow [Tuesday] and also was added to today`s [Monday's] discussion at the last minute...before the door was open the answer was no from maliki. the second reading will be tomorrow -- however it is not hard to see -- the 100 thousand did not go over well...the budget calls for 400 thousand. [post 2 of 2]
4-1-2014 Newshound Guru Millionday Article quote: "...on Sunday, the refusal of the Federal Government's initiative of the Kurdistan region to export a hundred thousand barrels returned to welcome the Deputy Prime Minister for Energy Affairs, by "personal view", while accusing the Kurdistan Alliance, a coalition of Maliki obstructing the work of the parliamentary committee triple resolve Budget problems..." the kurds stayed in iraq (Baghdad) to wait for response...well we have one - now please know that it is the hands of parliament -- but we have this... [post `1 of 2....stay tuned]
3-31-2014 Intel/Newshound Guru Poppy3 WHILE I THINK TOMORROW MAY BE a very GOOD DAY, TRY AND CONTROL YOURSELVES TILL THE FACTS COME OUT AND THE READING AND VOTES ARE TRULY COMPLETE AND THE RV IS ANNOUNCED ON THE CBI SITE.
3-31-2014 Intel Guru TerryK NO NEW NEWS...JUST HEARING THAT EVERYONE IS SAYING THE 1 ST.
3-31-2014 Newshound Guru Millionday Article quote: "...stressing Parliament on the need to approve oil and gas law to resolve disputes between the center and the Kurdistan region and the rest of the producing provinces as well as to regulate the relationship between Iraq and international companies operating in its territory." obviously this stating that the oil and gas law needs to be used shows it is just sitting there -- Iraq has the law complete as we found in a report but has not put it in place...so obviously -- yes they need the law in place -- it only makes sense - they spent so much time on it and then just put it on a shelf. they have many many things they are doing to prepare for a market economy...a market economy requires reality rate and also requires their currency on the market as well.
3-31-2014 Newshound Guru tlm724 Article: "Iraq is planning to three loans, one of them an international bridge the budget deficit" Quotes: "...government to resort to three options to fill the shortfall in the general budget of the country in 2014" "A few days ago, threatened the World Bank, to develop Iraq in the black list, if the Iraqi government continued to intervene in the work of the central bank and private borrowing it." they sure have put themselves right up against the wall, the people are waiting for their money, the pressure is on big time! The World bank and IMF are on their azz! now it's the make it or break it moment for Iraq!
3-31-2014 Intel Guru TNT Tony It was supposed to go Friday & the reason it didn't was simply document issues that didn't get done that are now done. [Guru] DC told us on Friday that the lower denoms were being issued sporadicly in Iraq...today they are being issued everywhere. Our guy over there tried to send pictures through email and phone and both were blocked. We are looking for 800#'s to go out to the public and the instructions that go with it. Everybody is ready. I think this is based on what all are hearing, what's being said in Iraq. Maliki is counting on this to win the vote, the bond sale did go through on Friday at 3.71 and it must be an international rate for that to happen. It is up to the IMF to say go.
3-31-2014 Newshound Guru tlm724 Article: "Next Sunday .. distribution of salaries of workers secured" so on April 6th they intend to distribute these funds ... there is a lot of money that is going to be distributed in the next week, makes me question where it is coming from...
3-31-2014 Newshound Guru Millionday Article quote "...the session went out important recommendations contribute to the entry of Arab and foreign investors the Iraqi market and to support the national economy." this means that massive foreign investment is going to begin in Iraq and they have to have a reality rate in order to do that...they are preparing without a doubt to open the doors...the New Iraq...all of this is preparation for the rate and the doors to open for trade of their products and of course their largest product ---THE DINAR.
3-31-2014 Intel Guru TerryK NOTE I SAID TUESDAY TWO DAYS AGO RIGHT. IT'S ALL FOCUSED ON THE 1ST FOR BOND PAYMENT AND THEN 24-72 HOURS AFTERWARDS.
3-31-2014 Intel Guru Jester THE IMF IS NOT REALLY IN CONTROL OF ANYTHING... THEY ARE ADVISED BY THE BOARD BUT RUN BY THE COUNTRIES... THE COUNTRIES HAVE VOTING RIGHTS ACCORDING TO THEIR CONTRIBUTIONS AND THEY MEET EVERY SO OFTEN TO VOTE ON CERTAIN THINGS... THE RUNNING OF THE IMF IS A CORPORATE STRUCTURE OF PROCEDURES...
3-31-2014 Newshound Guru Kaperoni Article: "Iraq gets on behalf of the General Union of Chambers of Commerce, Industry and Agriculture for Arab first time its history" That's pretty good...first time they been able to attend the Arab Chamber of Commerce meetings in 42 years and they seated the presidency. Good news for sure.
3-31-2014 Newshound Guru Millionday Report quote: "...Iraq is a member of the Free Trade Area of the Greater Arab known as "GAFTA", which achieved commercial exchange low tariffs on goods produced in Arab countries." this is a huge step that shows us we are very close to Iraq picking itself up and dusting off and moving forward as expected to a massive trade force in the region and the world --- FREE ZONES SET --- love the timing -- looking good.
Read more: http://www.dinarguru.com/#ixzz2yDQ61UrR
3-30-2014 Newshound Guru wmawhite [do u believe next 3 months?] reading what the different committees have told us, what the GOI has told us, what the CBI has told us...there are reasons to expect a change in the IQD this week, or next week, there are even statements saying prior to June 2014. Personally, I am a happy investor.
3-30-2014 Newshound Guru wmawhite [wheres all this good news thats been coming in get us, no where...we still wait...most of what we have been reading is bull.] interesting...all this bull tells me that sometime this year, very possibly, within in next three months, this IQD that I have is going to be worth much more than it is today. Love That Bull.
3-30-2014 Intel/Newshound Guru Poppy3 got a phone call they stated --- budget reading postponed till tuesday.
3-30-2014 Newshound Guru Kaperoni Article: "Start of the conference Investment Iraq and the Kurdistan region in Erbil" This is the economic conference that was mentioned a few days ago with the Arab Chamber of Commerce. It's been over 40 years since Iraq participated in such an event. Good news!
3-30-2014 Intel/Newshound Guru Poppy3 AFTER THE POSITIONING OF IRAQ FINANCING--- THE GOLD PURCHASE, THE DEBT REDUCTION PAID TO THE PARIS CLUB MEMBERS, SETTING IN MOTION TO PAY PENSIONS BEGINNING APRIL 1 AND EVEN MAKING THEM RETRO BACK TO JAN. 1 2014, THE BUDGET AND HCL BOTH NOW ON THE AGENDA FOR THE COMING WEEK MEETINGS FOR SECOND AND FINAL READING AND KNOWING THAT THE HCL REQUIRES THE RV NOT THE OTHER WAY AROUND??? I NOW SEE US PROSPERING WITHIN THIS NEXT MONTH. THE BRICKS HAVE BEEN LAID AND THE TIMING IS RIGHT. [post 2 of 2]
3-30-2014 Intel/Newshound Guru Poppy3 IF THEY STAND BY THEIR CONSTITUTION AND HOLD FAST TO NOT LETTING HIM [MALIKI] RUN AGAIN THEN THE RV WILL HAPPEN ASAP ON THEIR PART. THIS IS VERY POSSIBLE BECAUSE THE CONTROL HE HAS HAD FOR YEARS NOW WILL BE LIMITED AND THERE IS ZIP HE CAN DO TO PRODUCE OR STOP THE RV. IT WILL BE UP TO THE CBI, WORLD BANK, IMF, AND GLOBAL NEEDS. WHILE THIS CAN BE VERY GOOD FOR US I AM NOW CONCERNED THAT THE POWERS THAT BE AT THIS POINT MAY ELECT TO SEE WHOM STEPS FORWARD AND TAKES THE PRIME MINISTERS POSITION AND IN THIS CASE WE MAY HAVE TO GIVE THEM TIME TO REBUILD THEIR CABINET AND THAT COULD TAKE 30 TO 45 DAYS. BUT I PERSONALLY THINK THEY WILL NOW NOT WAIT FOR A CABINET. [post 1 of 2....stay tuned]
3-30-2014 Newshound Guru tlm724 Article: "Iraq opens the second largest oil field in the world" they are rockin it out! It is the West Qurna field - 2 second-largest oil field in the world's untapped reserves are recoverable of approximately 14 billion barrels and has a great importance for the economy of Iraq.
3-30-2014 Intel Guru Exogen Time for this now! Enjoy the silence!!
3-30-2014 Intel/Newshound Guru Poppy3 [why is it so important that this budget gets passed?] THE BUDGET FUNDS THE COUNTRY, THE PENTION FUNDS, THE HCL FUND, THE PEOPLE, THEIR 17% POOL THAT THEY WILL DRAW FROM . THE BUDGET DOESN'T CONTAIN THE RV BUT...THE RV WILL PROVIDE FUNDING FOR THE REBUILDING AND PROGRESS OF ALL INFRASTRUCTURE.
3-30-2014 Newshound Guru tlm724 Article quote: "parliament will resolve the second reading of the budget at a meeting next Sunday for a consensus blocks to attend the National Alliance and then engage in a discussion of doors in preparation for a recommendation to ratify it" ok so they will then engage in a discussion of doors in preparation for a recommendation to ratify it...get all the kinks worked out for the vote.
3-30-2014 Newshound/Intel Guru Randy Koonce Non Disclosures are not for the individuals who are buying dinar so they do not matter...They were for major banks and News agencies, which is why the news will not cover the RV and that almost none of the banks talk about it... The window I gave that went to Sunday has moved because the IMF and UN have no resolve. So it moved to Monday morning...if we pass that date then guys I believe we will be here at least to the Election which starts in April... So pray for this window and that we do not have to go into April...Just pray for this weekend. Check CBI.IQ. I do feel strong we are just about done but this thing has made so many turns it looks like a snake around your arm. I am extremely hopeful at this time. [post 2 of 2]
3-30-2014 Newshound/Intel Guru Randy Koonce One of the things to go over is that fact that the IMF and UN have not been very forceful in making Iraq complete the things they agree upon...After such the IMF in the urgency to get this RV done was to give Maliki more concessions, which creates a spoiled kid effect which Maliki does not need more of. If anyone thinks the RV is not going to happen they need to sell out, I on the other hand will not sell even if it took 5 more years because the currency that you hold will one day go back to its value it has maintained for a long time in the 70s. [post 1 of 2....stay tuned]
3-30-2014 Newshound Guru Adam Montana Another week gone by in Dinar land, and here's the week's top stories: Central Bank stocks up on Gold; Maliki...will he survive another election? Political tension is rising...this is getting good!; The UN weighs in on HCL; Kurdistan applying pressure; And last but not least, the IMF says "despite low oil prices and the budget deficit...the Iraqi economy stable" All in all, I'd say we're looking pretty positive right now!
3-30-2014 Newshound/Intel Guru Eagle1 Christine [Legarde] has made it clear to many that she is willing to bypass the U.S. and move ahead with the Global Currency Reset. A meeting is planned with the IMF and the World Bank on April 10 and 11. It is conceivable that if we don't get an RV/GCR by that date that a decision could be made to move ahead unilaterally with the other nations. Am I predicting that? No. I'm expecting things to move without us having to reach such a confrontational stage. We're in the midst of something exciting, and whether we see it this weekend, next week, or the week after is less important than the fact that we are coming to the finish line! [post 2 of 2]
3-30-2014 Newshound/Intel Guru Eagle1 How can [Guru] Frank[26] be right that there is only an RV and not a GCR, while I'm right in saying that there IS and MUST BE a GCR? ...knowing what I know from behind the scenes at the IMF, Christine [Legarde] isn't about to stand by and allow an RV of the IQD without other nations getting to join in this restructuring. Could we see an RV of the IQD and a later GCR? Sure! The kicker here is that "later" is going to be measured in microseconds, minutes or hours at worst -- not weeks or months. Everything is in play, and everything is in a state of readiness for both possibilities. [post 1 of 2....stay tuned]
3-29-2014 Newshound Guru Shredd [When they start the removing of the zeroes...is it immediate?] I would think a change would be immediate since the supply of new notes would be at risk and it would cost the CBI quite a bit if Iraqis could get the new dinar at a really low rate and then it would float or increase later...that scenario would be very costly to CBI...by contrast, if the new notes are released at the same time an initial rate is set, only the old notes currently in their hands would appreciate.
3-29-2014 Newshound Guru Mnt Goat We heard about all the testing issues and delays. We all thought that the RV was going to happen at any moment, as we did not understand the total plan and scope of all the reforms necessary prior to any currency revaluations...the big picture...if you really want to know where we are in this RV process follow the IMF plan. I will also once again tell you they are ready and have been ready for months now...Do you now know we are very close to seeing the completion of the global reset. [post 2 of 2]
3-29-2014 Newshound Guru Mnt Goat If you were paying attention...last spring and summer you heard all about the changes effecting this process. These were changes that were first planned to be implemented as minor changes to the process that then grew into a monster and out of necessity finally into a lengthy implementation process. [post 1 of 2....stay tuned]
3-29-2014 Newshound Guru Millionday it is against their constitution--what some are saying --- Maliki can not and does not have the power to postpone the elections.
3-29-2014 Intel Guru Frank26 5 years ago...I told You Iraq sits on a Sea of Oil. I ALSO told You that when You see the HCL...Within nano seconds You would see the RI/RV. Nothing on this concept...Idea...Purpose has changed.
3-29-2014 Newshound Guru tlm724 Article: "Mahmoud Othman stresses convergence of Gat considered significantly between the federal government and the province on the budget and oil" The General Agreement on Tariffs and Trade (GATT) covers international trade in goods. The workings of the GATT agreement are the responsibility of the Council for Trade in Goods (Goods Council) which is made up of representatives from all WTO member countries. so see how this is alll tied together? The budget, the HCL agreements, article 140 and the WTO...all linked like a chain...and they are doing what is required to move them forward economically, imo.
3-29-2014 Intel Guru TNT Tony Everything is going great and we are still in the anytime they want arena. I'm ready and you should be.
3-29-2014 Newshound Guru Shredd [is the CBI ready for something as big as a revalue? especially with all the gold reserves?] I think they are ready to remove the zeros which should bring with it a change in the value.
3-29-2014 Newshound Guru Millionday [...if the rate is in the budget, how long before it gets to us?] if, and this is not anything but if by me --- underlined twice...if the new value for the country as in the redenomination and the removal of three zeros is in the budget --- when it is put in as law -- it will go into effect then or the date given but it is for fiscal year 2014 so of course it would be then ---- the result of this would be the rates set for international exchange as well -- due to the new value on their CBI...just saying if that is how it is -- the law would be made law.
3-29-2014 Newshound Guru Kaperoni Article: "Expectations passage of the law of oil and gas during the next parliamentary session." Budget won't be passed on Sunday..it is only the second reading. They would have to schedule it one more time to pass it. I expect that may be middle of next week and the Oil & Gas law may also pass then since I believe that has been read twice already.
3-29-2014 Newshound Guru Mnt Goat In 2010 it was already decided to use the IQD as the foundational currency for the global currency reset so no matter what we, as investors, thought there was going to be a delay until all the IMF reforms were put in place. The GCR would be one of the final steps in the process. Once these items are put in place the IMF will then pull the trigger and revalue some +190 currencies. Some will revalue and others will devalue. It will be unprecedented in the history of the world and will surely be noted in our future history books as one of the greatest events ever. [post 2 of 2]
3-29-2014 Newshound Guru Mnt Goat In November 2010, the IMF agreed wide-ranging governance reforms to reflect the increasing importance of emerging market countries. The reforms also ensure that smaller developing countries will retain their influence in the IMF. I firmly believe that had the world not experienced this global financial crisis in 2008, we would have had seen the revaluation of the IQD in mid 2012. [post 1 of 2....stay tuned]
3-29-2014 Newshound Guru Millionday i want to... look at the agenda for parliament for sunday...so, we have a second reading on the budget -- remember they have a deadline so the fact that a deadline was given shows us a rush --- also if they dont get it voted by quorum they are to put it through by majority. Sunday budget is important -- does this mean that the rate wont show? no it means that they are implying by the report from the economists that the value should change with it --- we shall see.
3-28-2014 Intel Guru TerryK ...MOST OF THE OTHERS ARE SAYING APRIL 1. I THINK IT WILL BE HONESTLY 12-72 HOURS AFTER THE 1ST. THINGS ARE STILL ON TRACK WITH MY SOURCES.
3-28-2014 Intel/Newshound Guru Poppy3 I AM PREPARING FOR THE MONTH OF APRIL FROM THE 1ST DAY TO THE LAST AND THINKING THE FIRST AND 15TH ARE THE HOTTEST DAYS AHEAD. 90% OF ALL INTERNATIONAL BANKING ADJUSTMENT TRANSACTIONS ARE COMPLETED ON THE 1ST AND 15TH OF EVERY MONTH JUST LIKE FRIDAYS AROUND THE GLOBE...MORE MONEY EXCHANGES HANDS ON FRIDAYS. FRIDAY IS WHAT I HAVE ALWAYS CALLED MONEY DAY. THE KEY IS TO BE PREPARED FOR WHENEVER.
3-28-2014 Intel Guru DC Things look phenomenally good on every level. Everyone is cooperating and being professional. Baghdad and crew are all eager. The banks are complaining it's not being done and they running out of cash. The central bank is telling the IMF and the world that they can't wait past a
"certain date". Maliki wants this as well before the elections. They did updates in the mosque this morning. All of the administration, the UST, IMF, and the banks are ready to go. One banker was killed and they believe it was because a mob beat him to death from frustration over the RV. Other bankers are refusing to open their banks...some bankers not opening until the RV. Some opened with more security. All are prepared enough that they can go in a short period of time...whenever the bosses say "Go.!" It is on a minute by minute basis...that tight of a window.
3-28-2014 Intel Guru TNT Tony Things are happening in Iraq in the news and in the streets, it's public info, showing how close we are. Pressure is being applied to get this done now, sooner than later. Everything is really good, all are on the same page. In D.C. they are saying "This is over". It could go in the next 30 minutes, 3 hours or 3 days. Everybody is ready and told to be ready, "Right Now"! It may not happen in 3 days but they have been instructed it could go any minute.
3-28-2014 Newshound Guru Kaperoni Article: "Suri calls to the concentration of the banking industry, according to specialties" If there was any doubt in your minds what the goal is for the dinar? Why would the IMF, WB and US Treasury all join forces to restructure Iraq's banking system unless they were going to open it up to the world? It is clear to me that the dinar will be internationally recognized and convertible.
3-28-2014 Newshound Guru Adam Montana [How do you think an rv would affect the stock in iraq? Would they just change the nominal value and I'm still left with the same amount of stock?] they may adjust the nominal value at first, but with a major influx of cash into the Iraqi system, I see a TON of movement in the ISX, which means LOTS of opportunities for profit!
3-28-2014 Newshound Guru Red Lily How long is the DFI funds going to be available to a country who can not seem to get the destruction under control (to a certain extent)? This is extremely costly. Iraq is going to need more and more gold so they can pay people to keep going there to clean up their mess. I read the other day how much the violence in Anbar is costing Iraq and it was phenomenal. This figure did not even include Fallujah for heaven's sake. There will always be violence in Iraq but this is escalating violence. This is not good for ANY COUNTRY'S GDP.
3-28-2014 Newshound Guru Kaperoni Based on all the information (articles, IMF, etc) it is apparent they are going to "raise zeros" by a gradual appreciation (IMF Article IV consultation - which is a float) of the currency and then "delete zeros" which is the implementation of the Law if Indebitness. As for what they say on TV, they usually refer to it either as a "reevaluation" or "reevaluate of the dinar". Last week we saw someone refer to it as..."the zeros deletion project" and "restructuring the currency." IMO, all of which support that this is a process rather than a single event.
3-28-2014 Newshound Guru Adam Montana [Is it just speculation that the WH has some influence with the CBI (re: RV) one way or the other?] It is always speculation until proof can be provided, but I believe it's reasonable to assume the WH and other major world entities are involved in a major event like this. 3-27-2014 Intel Guru Bluwolf JUST GOT WORD FROM SPAIN, ALL CURRENCIES ARE ACTUALLY LIVE ON THEIR MONITORS AND THIS IS A VERY GOOD SIGN FOR THOSE WHO ARE OBSERVING ITS PROGRESS. LETS SEE IF THE US FINALLY GIVES THE NOW EXPECTED GO.
3-27-2014 Intel/Newshound Guru Poppy3 ARE ALL OF YOU READY FOR AN APRIL BLESSING? THERE IS A LARGE CLOUD BUILDING UP JUST FULL AND ABOUT TO OVERFLOW AND POUR OUT ALL THAT IT HOLDS DIRECTLY ONTO YOU AND ME AND OUR FAMILIES. QUESTION TO LOOK AROUND AND ASK YOURSELF "AM I PREPARED?"...WANTED TO WARN EVERYONE TO GET THINGS IN ORDER.
3-27-2014 Intel Guru Blaino WE EXPECTED TO BE POSITIONED TO RELEASE SOME IMPORTANT AND PERTINENT INFORMATION ON SUNDAY EVENING, HOWEVER...ONCE AGAIN...OTHERS WITH AN AGENDA, POWER AND CONTROL ARE PULLING AWAY FROM WHAT MUST COME! IT WILL COME, MUST COME, AND EACH TIME "THEY" TRY TO STOP IT OR DELAY IT (GCR) WE MOVE INEXORABLY TOWARD A NEW PARADIGM.
3-27-2014 Newshound Guru Stryker There seems to be a real force behind pushing Iraq Globally. With the Iraqi delegations meeting in Jordan a few days ago (3/24/2014) and the Statement by the IMF Mission at the Conclusion of a Staff Visit for Iraq that took place the very next day, something is brewing. As long as the IMF feels Iraq is ready to move Iraq to Article VIII and they have met all the Article IV requirements Iraq will have a tradable currency and the CBI can then move forward with currency reform and full accession will follow. The Article IV Consultation Report and Iraq's Full Accession can take place afterwards according to all the research I have done in the last several days. [post 2 of 2]
3-27-2014 Newshound Guru Stryker Everything looks to be moving towards the IMF Article IV consolidation and Article VIII compliance for Iraq and the 2014 Fiscal Year Budget Passage. Oh and Maliki sure looks to be on his way out as well! Article: "Sunday 30, 2014 the second reading of the budget bill for the Federal Republic of Iraq for the fiscal year of 2014." If they can discuss it and pass it on Monday they will still get it done in March, barely! [post 1 of 2....stay tuned]
3-27-2014 Newshound Guru Aggiedad77 Article: "Parliamentary economy bear the responsibility of the Central Bank of the fluctuation of the Iraqi dinar" A member of the Ministry of Economic and Investment recognizes that the CBI is exclusively responsible for monetary policy within Iraq...he also recognized that the security instability and constant bickering between political blocs is what affects the Iraqi dinar against other currencies...he is saying that the GOI needs to keep its hands off the CBI and let them do what they do best...the CBI will be taking other measures during the month ended (March) to stabilize the dinar.
3-27-2014 Newshound Guru American Contractor [When is it going to RV?] This is the number one question asked and to be honest I really don't know. All we can do is do our due diligence, watch what is going on in Iraq. Watch their actions, forget their policy...watch their actions. The World Bank, The IMF they don't even know. Nobody knows. You just have to watch and see what is happening.
3-27-2014 Intel Guru ScottiG [via dinardiamonds] hearing good things...the Bonds at $ 3.71 are to be out April 1st and Rv can happen any time before or at the same time. Article 8 done and forget the...newspaper articles coming out of Iraq as most of it is "SMOKE".
3-27-2014 Newshound Guru Millionday [has the budget been passed?] the budget is not in the gazette - they have a deadline of march 30th or it is to be done by majority on the 30th period.
3-27-2014 Newshound Guru American Contractor [Does Prime Minister Maliki own the media in Baghdad?] Prime Minister Maliki does not own any media in Iraq, but what he does he controls what the editors and media will be writing about. He has a staff that oversees all of the media and he does stay heavy handed against the media. He doesn't like some of the stuff that they write and he does have a great influence on what the medie is going to publish on a day to day basis. I have a media contact & he says that he does control what they say.
3-27-2014 Intel Guru TerryK Article: "Kurdistan Alliance attend Sunday reading the budget" SO, READING THE BUDGET THIS SUNDAY. WHAT DOES THAT TELL YOU? APRIL 1 LOOKING GOOD.
3-27-2014 Newshound Guru Adam Montana [How does Iraq keep buying high dollar goods without a money value other than a program rate...Seems to me that using the dinar and program rate suits them just fine as long as they can buy what they need...So what's their incentive to RV?] The current rate is allowing them to maintain stability, and it is working - thanks to the CBI's ability to maintain control. This same ability to maintain control is what gives me confidence that they will be successful in raising the rate when they choose to do so. Their incentives to RV are more than I can possibly put into writing at this time...
3-27-2014 Newshound Guru Millionday gradual growth economically...is what the IMF is looking for --- it is not how the rate of the dinar is going to come out -- the dinar MUST come out at a reality rate that is calculated and any other assumption just goes against global economics entirely --- imo of course...it may float after a rate is set.
3-27-2014 Newshound Guru American Contractor [When this reval's or RV will it matter if I have larger or smaller Iraq dinar banknotes?] I don't think it will matter if you have the larger or smaller banknotes. The CBI has stated that all of the notes are legal tender. It goes back to their bylaws. They printed it, it is legal tender until sometime in the future when they say it will no longer be used. 3-26-2014 Intel Guru Hub my contact that has the ny city currency broker, that has 3 imf investers, text my lady Sunday nite..."get your running shoes on"...dont know what that means, but it sounds good...he has said for several months, he sees this done, just activate it...so lets see what happens. let me tell you...what i think...iraq has to have a currency with a value...the economic situation in iraq has performed as it should, it is ready to take its place in world economy...so i personally think and this is my own personal educated guess, we are there, i would not be surprised, but very happy that this could happen tonight.
3-26-2014 Newshound/Intel Guru Eagle1 Although I've been unable to find a direct link to Christine Lagarde's comments, she is said to have stated yesterday that the Reset needs to be completed by or before April 1. I personally find April 1 to be a compelling date, and I've said to my friends, "This is not an April Fool's joke; this is an April Blessing!"
3-26-2014 Newshound Guru Adam Montana [How is the changing of the guard at CBI going to effect the chances of an RV? Some folks think it is so Maliki can plunder the reserves. What's your thoughts?] Interesting theory about Maliki "plundering the reserves"! But at the end of the day, there's only so much plundering Maliki can do - the eventual change in the value of the dinar is bigger than just one man or one agency.
3-26-14 Intel Guru EXOGEN IMHO, This is tied to the USA not wanting to lose POWER, ie 2010 IMF reforms. Then you have to add where is the Funding coming from to fund the RV. The funding is coming from all of the Gold moves you see and the Historical Bonds and other bonds. The rate on the Bonds has been locked at CME at $3.71 for close to 2 weeks now. The delays in Iraq are done in conjunction with the UST & IMF. But TIME is running out FAST. [post 1 of 2....stay tuned]
3-26-2014 Intel Guru TNT Tony Everyone is super confident, relaxed saying it's over, done, completed and just waiting for big reveal. There is a date but very few know it. I can say they have been told to be prepared. The call centers are manned and the currency exchange people there. Security is in place. All we can do is wait until they do it. We are stil looking at their time line in Iraq where they are saying that their economy will change on the 1st of April. Also, the UN operational rates change on the 31st or 1st. We are hearing that they don't care about the time of day. They don't care if it's sunlight, sunset, 12 noon, 12 at night. They are saying that everybody is ready and it could go at any moment.
3-26-2014 Newshound Guru tlm724 another reason is strengthening reserves, monetary gold that is in line with the current stage to strengthen Iraq's economy...amount of gold purchased during the month of March, about 36 tons of high purity. that is on top of what they already had. a portion of the gold was meant to go up for sale. "that the application of monetary policy tools to effectively reduce the dollarization of the economy." *hallelujah* that there is another instrument of monetary policy pursued by the central bank is setting up a basket of foreign currencies and reduce dependence on the dollar. [the only better than that is an r/v.] you are right there! reduce dependence on the dollar...they are dedollarizing people!! This is almost the last step!!! This is them showing us their hand as far as currency reform within the framework of monetary reform! Freaking awesome !! [post 2 of 2]
3-26-2014 Newshound Guru tlm724 "Gold the best guarantee for the stability of exchange rates" ...it is awesome to keep seeing articles about this! Iraq seems very proud of this as they should be! they are showing us some of their "new" monetary policy here that the application of monetary policy tools of the central bank. this gold has multiple purposes...the best one is this: "active manner that would enhance the value of the currency" *hallelujah* and of course to maintain the stability. [post 1 of 2....stay tuned]
3-26-2014 Newshound Guru Adam Montana Here's the latest: 1. MP expects budget to be DONE this week. 2. Kurdistan to be there for it. 3. Central Bank huge gold purchase. 4. World banks tells GOI to butt out. I think at this time, the budget is the biggest issue on Parliament's agenda, so we are going to see that done before anything else happens. If it's done this week as planned, be on the lookout for more news soon.
3-26-2014 Newshound Guru American Contractor [Is the Iraqi Dinar a scam?] It is not illegal to own to possess the Iraqi dinar. It is not a scam. [How do I go about cashing in my Iraq dinar?] Right now the only way to cash in your dinar is to go to a dinar dealer. When the new new Iraqi dinar gets issued will the U.S. banks take a new business approach and say "we will take you Iraqi dinar now", that's all speculation, nobody knows right now. But, now your only option is to go to a dinar dealer or sell it to someone else.
3-26-2014 Intel Guru TerryK JUST SENT TO ME BY A FRIEND: RV ON THE WAY. We have just been informed by the Chinese and IMF that all the requirements for the RV have been met. The world is eagerly awaiting the RV release. We have just been informed that some powerful forces behind the scenes including the UST were blocking this. THIS BLOCKAGE TO BE REMOVED TONIGHT AND RV IS? HOPEFULLY? IS ON THE WAY.
3-26-2014 Newshound Guru Millionday they are having a meeting in Jordan with all Central Bank delegation, oil ministers, members of IMF, world bank, finance, oil, legal, etc on article IV. the World Bank gave the go ahead about a year ago or less for the monetary policy. it isnt up to the gov at all -- the policies as they are complied with in all countries for inflationary tools and monetary policy has to be done with international compliance. Maliki gets a warning and stern...they must move forward and get the money rolling -- and with the right --RATE...all is frozen and time to get it going.
3-26-2014 Intel Guru Jester THE STUFF WE HAVE DISCUSSED ALONG THE WAY...IS ALL PART OF THE BIG PICTURE... AND WE HAVE BEEN SAYING BIG PICTURE OVER A YEAR NOW... LOTS OF INFORMATION HAS COME AND GONE... BUT IT HAS ALL BEEN PIECES OF THE PUZZLE THAT WE HAVE ASSEMBLED OVER THAT TIME... I DO NOT THINK THERE ARE THAT MANY PIECES LEFT TO PUT IN.
3-26-2014 Newshound Guru Kaperoni Article: "Araji: The World Bank warned the Iraqi government from interfering in the work of the Central Bank" ...this is not good news. The World Bank has been right in the trenches with the banks trying to get them ready for years and has stated on numerous times that the GOI (Maliki) interferes. [I guess all that's left for us to do is wait for April 30th. Hopefully, they won't keep us waiting too long to learn the outcome of the elections.] That is if they have them. The entire IHEC [Independent High Electoral Commission] resigned today.
3-26-2014 Newshound Guru American Contractor [When the new Iraqi dinar currency is issued do I have to exchange my Iraq dinar that I currently have?] When the CBI is getting ready to issue the new currency there will be an educational campaign in Iraq and in the world, press releases, pamphlets, brochures. You will have a big window, a 2, 3, 4 year window to exchange...I don't think there will be a big rush like everyone thinks it will be.
3-26-2014 Newshound Guru Aggiedad77 Article: "We are with approving the budget, but not at the expense of the Kurds" An MP from the Kurdistan Alliance spoke up and stated that the decision of the Kurds to begin flowing 100,000 barrels of oil per day is a good gesture...according to this individual the Kurdistan Alliance is ready to attend all Parliament sessions and approve the draft budget before the end of the current Parliament...but he also states that this budget should not be passed at the expense of the Kurdistan people. 3-25-2014 Intel Guru Delta The budget is done and has been read 2 times….Iraqiya TV says the third reading will be on Sunday.. so its possible it will be released in the 2 weeks following this. We absolutely can see a new rate before this…The budget does not have to be released to see a new rate. We are seeing an urgency in the GOI to have everything done and IMO Iraq is ready. We can see the new rate at any time, and keep your eyes on the CBI.
3-25-2014 Newshound Guru American Contractor [Will the Central Bank of Iraq issue just small denominations or will it be also larger denominations.] The CBI has mentioned printing a large dinar note like 50,000 or 100,000 note and they also mention coins also. So, nobody knows exactly what they are going to do. They say one thing and then they change their minds. It really doesn't make any sense. They could come out with a 50,000 & /or 100,000 notes along with lower denoms like we have here in the U.S.
3-25-2014 Newshound Guru Red Lily I DO BELIEVE...IRAQ MUST FOLLOW ALL OF THE OUTSTANDING ARTICLES TO "T" IN ORDER TO BE WELCOMED WITH OPEN ARMS INTO THE GLOBAL COMMUNITY OF BANKING AND FINANCE. IRAQ HAS MANY LAWS AND POLICIES THAT NEED TO PASSED AND APPLIED FOR THEM TO BE "UP TO PAR". IMO. THERE IS NO DOUBT IN MY OWN MIND THAT IN ORDER FOR IRAQ TO BE TAKEN SERIOUSLY, THE IMF WILL CONTROL THIS PROCESS. [post 2 of 2]
3-25-2014 Newshound Guru Red Lily Article: "Article IV: Obligations Regarding Exchange Arrangements" WE SEE THAT THE IMF OVERSEES EXCHANGE RATES. THIS LEADS ME TO BE OF THE OPINION THAT THE IMF WILL BE THE ONE TO GIVE IRAQ THE GREEN LIGHT "AFTER" IRAQ COMPLIES WITH ALL ARTICLES WITHIN THE IMF GLOBAL STANDARDS. THAT IS STRICTLY MY INTERPRETATION AND COMPREHENSION OF A WEALTH OF STUDY ON THIS SUBJECT. NOT JUST THIS ONE ARTICLE. [post 1 of 2....stay tuned]
3-25-2014 Intel Guru Frank26 We are seeing articles talking about the media blackout, and even the parliament banned the media from their meetings. This week there will be an IMF article 4 review to see if they qualify for international status. IMO, this is the last article 4 review they will have before going international. The first and only place to see the new rate announcement is at the CBI, IMO. The budget is done…first and second readings are done. There is a date and a rate…but we don’t know them. I feel very good about the information and where we are with the RV and the time to release the rate is very near.
3-25-2014 Intel Guru Blaino WE STILL HEAR THE GCR COULD DEVELOP WITHIN THE COMING WEEK! WE EXPECTED TO BE POSITIONED TO RELEASE SOME IMPORTANT AND PERTINENT INFORMATION ON SUNDAY EVENING, HOWEVER...ONCE AGAIN... OTHERS WITH AN AGENDA, POWER AND CONTROL ARE PULLING AWAY FROM WHAT MUST COME! RESISTING, CLINGING TO OLD AND OUTDATED SYSTEMS TO CONTROL THE MASSES, SYSTEMS THAT CRUMBLE EVER FASTER AS KNOWLEDGE OF WHAT HAS BEEN GOING ON SPREADS ACROSS THE WORLD. IT WILL COME, MUST COME, AND EACH TIME "THEY" TRY TO STOP IT OR DELAY IT (GCR) WE MOVE INEXORABLY TOWARD A NEW PARADIGM. SOME OF OUR INTEL PURPORTS A SOONER RATHER THAN LATER STANCE.
3-25-2014 Newshound Guru Kaperoni they did not have the Article IV Consultation yesterday as the CBI stated they were going to have. Now, we can look at why a staff visit? I have my thoughts that the CBI went there with intent to ask for permission to move to Article VIII (as part of Maliki's "initiative" to open the economy). This staff meeting clearly stated that the CBI is not in compliance and in fact reprimanded them for continued government interference. As well, it is clear that the CBI has not fully liberalized the foreign exchange market (per last year's Article IV Consultation) and the spread is still more than 2%...it is clear the CBI is not going to be allowed to move out of Article XIV before the elections. Sorry...but that not happening for a while.
3-25-2014 Newshound Guru American Contractor [I have 3 million Iraqi dinar. How much would that be worth after the new Iraq currency is issued?] When they finally release the new currency, nobody know what the exchange rate will be at that time. In order to do that they have to remove the inflationary notes that are in circulation right now & that has not yet been done at all. They have not even started that, so I have no idea what the exchange rate will be.
3-25-2014 Newshound Guru Aggiedad77 "Parliament resumes its sessions next Sunday the completion of the second reading of the budget" Parliament is on break it seems until this coming Sunday....at which time the second reading of the budget is supposed to take place.
3-25-2014 Newshound Guru American Contractor [Does the Global Currency Reset have anything to do with the Iraq dinar?] In my opinion the GCR has nothing to do with the IQD it has more to do with the USD, that's the petro dollar around the world when we talk about the Global Currency Reset. [In the local Iraq media they mention delete the zeroes. What does delete the zeroes really mean?] That means that they are going to print new currency. Nobody knows when that is going to happen.
3-25-2014 Intel Guru TerryK IRAQ EXTINGUISHED A LARGE PROPORTION OF ITS FOREIGN DEBT, NOW HOW DO U THINK THAT HAPPENED? ONE OF MY BUDDIES CALLED ME YESTERDAY AFTERNOON AND TOLD ME THAT EVERYTHING IS SIGNED OFF READY TO GO JUST WAITING ON IMF... I WAS TOLD YESTERDAY THAT WE SHOULD SEE THIS BY WEEKS END.
3-24-2014 Newshound Guru Shredd "Baghdad to accept the initiative of Erbil, on oil will re-draw expenditure in the budget to avoid deficit" Sure seems like we are getting closer to an implemented HCL. This is certainly notable progress.
3-25-2014 Intel/Newshound Guru Poppy3 we seem to have maliki trying to get the rv done now and...HE IS THE BEST AT WHAT HE DOES AND THAT IS PLAY POLITICS TO WIN AND HE WILL WIN AT ALL COSTS...GET READY FOR PAYDAY.
3-25-2014 Intel Guru Okie_Oil_Man THIS IS GOING TO BE ONE OF A FEW LAST POST'S I INTEND TO MAKE DUE TO THE INFORMATION RECEIVED RECENTLY. YOU SHOULD SEE AND HEAR OF MANY HISTORIC ACTIONS TAKING PLACE THIS WEEK. THESE ACTIONS ARE OVER AND ABOVE THE R/V... THE DETAILS OF THIS CHANGE SHOULD APPEAR THIS WEEK AS THE STORY OF THE CENTURY AND POSSIBLY THE STORY TO TOP ALL STORIES IN HISTORY. PAY ATTENTION TO THE NEWS THAT SHOULD BE BROADCAST THIS WEEK IN THIS NATION.--NOTHING MORE CAN BE SAID AT THIS TIME AWAITING THE ANNOUNCEMENTS FROM THE MEDIA.
3-25-2014 Newshound Gurus Bondlady & tlm724 Article: "Financial Parliament: the second reading of the budget on Tuesday" the second reading of the budget on Tuesday...maybe 3rd reading/vote on Sunday? never know and they are paying a boat load of people on 4/1 so maybe so. Article: "The first of next April launch date of the salaries of social welfare" middle of next week the date for the launch of the first installment for the current year for the salaries and benefits of social protection network...the people must be so excited, they have been without for way too long!
3-25-2014 Newshound Guru Kaperoni Last September we saw Maliki stand up and put in force the 2014-2017 economic development plan which is a market economy and you cannot have a market economy without a convertible currency in other words, the market economy will not work until the CBI transitions out of Article XIV to Article VIII. IMO, they are about to request from the IMF to leave Article XIV. [post 2 of 2]
3-25-2014 Newshound Guru Kaperoni So you have the MPs on TV saying it cannot wait till after elections...you have the CBI buying gold...basically in one month, they doubled their gold holdings...you have the CBI consultation back on (after it was postponed)...you have banks holding 3 zero notes...There is no logical explanation to not issue larger currency at the current exchange rate unless their is some plan to raise the exchange rate against foreign currencies soon...and Yasiri [He an MP and on finance committee] said...there is a tendency to launch the Prime Minister 's initiative...he backs what the IMF states...gradual appreciation. The IMF documents on exiting closed monetary policy exchange regime, to flexible exchange regime (float) stocking gold is important part. [post 1 of 2....stay tuned]
3-25-2014 Newshound Guru Red Lily Article: "Central Bank boosts reserves of gold bought 36 tons of pure gold" I WOULD THINK THEY PROBABLY NEED TO BUY MORE GOLD. AS MUCH TURMOIL THE COUNTRY IS IN THEY NEED TO HAVE SOMETHING TO BACK THEIR CURRENCY IN ORDER TO MOVE FORWARD WITH THE RE BUILDING OF THEIR INFRASTRUCTURE. IF THEY WOULD CEASE CIVIL WARS PERHAPS THEY COULD REALLY GET AHEAD. IN MY OPINION IRAQ DOES NOT HAVE A GOOD REPUTATION RIGHT NOW SO IT WOULD NOT SURPRISE ME THAT THEY ARE DOING THIS TO KEEP INVESTORS COMING INTO THE COUNTRY AND TO EXTEND THEIR LINE OF CREDIT WITH THE GLOBAL COMMUNITY. 3-24-2014 Intel Guru EXOGEN WHERE ARE WE NOW THAT THE IMF REFORMS DEBATE IS OVER...? SMOOTH SAILING!!!
3-24-2014 Newshound Guru Aggiedad77 "Central Bank boosts reserves of gold bought 36 tons of pure gold" Maybe one of the last acts by Turki before handing over the governorship of the CBI....purchasing 36 tons of gold to strengthen the financial capacity of the country and increase the elements of security and insurance reserves for the CBI...the CBI now has hard currency reserves in excess of 80 tons.
3-24-2014 Newshound Guru Stryker Stability is what Iraq needs and Maliki is the opposite of stability in my opinion. Let's just hope that Maliki has burned enough bridges that he can't win again and that someone with some real pride of Iraq comes to power...it's a CBI Monetary Reform Policy that will change the value of the dinar and is not up to Maliki to implement. His stall tactics I believe are starting to run dry too, IMO...Which is great for us dinar holders! [post 2 of 2]
3-24-2014 Newshound Guru Stryker [I wonder if they have an impeachment procedure in place to get rid of...Maliki?] It's called a parliamentary no-confidence vote and its been tried...The biggest issue that I see is who will run against Maliki that has the right stuff this time? If we can see the revaluation of the dinar before the election as announced on Iraqi TV as some have stated then we really don't care about who runs against Maliki... [post 1 of 2....stay tuned]
3-24-2014 Newshound Guru Millionday Article quote: "poverty alleviation strategy set by the ministry is working to reduce the level of poverty to 16 percent by the end of the current year of 2014." the minister of planning is expecting to be able to bring the poverty level down in Iraq to 16 percent by later this year... [With an RV, wouldn't that help huge with this issue?] it would help all the way around because they could expand in trade and production...they have a road to Europe (not done yet but started) and free zones set up and also the contracts from all around the world would get a fair price as we put it -- a reality rate for all products -- they are not listed on forex yet but their market is hooked -- everyday the money and opportunity they miss is ugly.
3-24-2014 Newshound Guru Shredd Article: "Central Bank buys 36 tons of high-purity gold bullion" that's roughly $1,668,699,648.00 USD. This is in preparation for a monetary policy change to support the exchange rate. Support? 1.6 Billion USD sounds more supportive of an increase in the value rather than stabilizing!
3-24-2014 Intel Guru TNT Tony All information tells us the arguing, chest bumping, etc. have concluded and everyone is on the same team now. It is supposed to be smooth sailing to the end. The banking people are in place and told any minute now...that's how close we are. The 800#'s have been released, but not issued to us yet. Many people are considering selling out...don't do it! You are so close to the end! It is totally in the IMF's hands. There is official date/time stamp that it'll be acknowledged...could happen at any moment. Nobody knows when it will go, they are keeping that info to themselves so it doesn't become an issue. Iraq is telling their people it'll change by April 1.
3-24-2014 Newshound Guru tlm724 Article: "Central Bank buys 36 tons of high-purity gold bullion" Quote: "to achieve an element of safety and safety in order to use the tools of monetary policy to stabilize the exchange rate of the dinar" the dinar, not the dollar! [Guru] BondLady said to me the other day we will be seeing more of the monetary policy come to light and she was right! Here is just a small look into achieving stability for the dinar! Turki is backing the dinar and imo it is too help ensure strong backing for a strong rate!
3-24-2014 Newshound Guru Aggiedad77 "Parliament: this week, the final deadline for the second reading" Once again Speaker Najafi takes things into his own hands and decides to extend to the end of this week the time frame for the Tripartite committee to find some agreement for Erbil and Baghdad...yet another delay tactic that he continues to pull...this man is not wanting to pass this budget for some reason.
3-24-2014 Intel/Newshound Guru Poppy3 EVEN IF THIS HAPPENS THEY ARE GOING TO RV FAST AFTER THE ELECTION FROM ALL THE FINANCIAL MOVES THEY ARE MAKING RIGHT NOW...LIKE PAYING 90% OF THEIR PARIS CLUB DEBT OFF. REMEMBER I WATCH THEIR ACTION AND CONSIDER THE NEWS BUT THEIR ACTIONS TELL THE TRUTH. [post 2 of 2]
3-24-2014 Intel/Newshound Guru Poppy3 THE ELECTION IS COMMING FAST...AND...MALIKI MUST HAVE FAVOR WITH THE PEOPLE FOR POLITICAL REASONS PERIOD. HE HASN'T EVER CARED ABOUT THE PEOPLE AND NOW HE IS TALKING ABOUT THEIR NEEDS. HE WILL DO ALL IN HIS POWER TO GET THE RV DONE...YOU CAN BET ON THAT. HOWEVER WE MUST PAY ATTENTION TO THE OTHER SIDE OF THAT COIN...THE KURDS AND OTHER TRIBE LEADERS KNOW AS WELL AS WE DO THAT MALIKI HAS TO WIN THE ELECTION AND THEY KNOW IF THEY NOW REVERSE THEIR STANCE AND HOLD THE RV FROM HIM HE CAN'T WIN THE ELECTION AND THERFORE THEY GET RID OF HIM ONCE AND FOR ALL. [post 1 of 2....stay tuned]
3-24-2014 Intel Guru TerryK I'M NOT GETTING MUCH THIS AM AND THE DANG IMF IS STILL HOLDING ACCORDING TO SOURCES. [so you feel after elections might be the best guess?] YEA, I DO. I THINK IMF IS SITTING ON THIS TILL THEN BUT WITH THAT SAID I LIKE THE FACT THE O [OBAMA] LEFT THE COUNTRY AND IS OVERSEAS BECAUSE I HAVE ALWAYS BEEN TOLD AND I DON'T KNOW WHY BUT HE WOULD BE OUT OF POCKET OUT OF COUNTRY WHEN THIS WENT DOWN.
3-24-2014 Newshound Guru RED LILY [do you think there is any possiblity that the elections come and go with no RV?] I hate answering those questions...but my answer is...YES...Hope I am wrong. [does it need to happen before the deadline in May?] it COULD happen anytime because we have NEVER seen anything like this before. I will not say definitively no. IMHO, it depends on laws that are passed per IMF and WORLD BANK compliance...which they have failed to do.
3-24-2014 Intel Guru Jester THE US CONTROLS THE REINS OF THE IMF BECAUSE THEY HAVE 17% OF THE SDR'S AND IT TAKES 85% MAJORITY OF THE SDR'S HELD BY EACH OF THE COUNTRIES HOLDING THEM...TO GET CERTAIN THINGS DONE...EVEN IF THE WHOLE WORLD WOULD LIKE TO DO SOMETHING IN THE IMF...THE US COULD KEEP IT FROM HAPPENING. 3-23-2014 Intel/Newshound Guru Poppy3 MAN, MUCH HAPPENING AND IT ALL INVOLVES THE FINANCES OF IRAQ AND THEIR FUTURE BOTH NOW WITH THE 2014 BUDGET AND THE FUTURE OF THE VALUE OF THE TRADE OF THEIR CURRENCY AND THE BONDS THAT HAVE A FACE VALUE ON THEM OF $3.71...WE ARE ON TOP OF MUCH HAPPENING AND I TRULY BELIEVE THE RV WILL BE PART OF ALL THIS ON THE FRONT END AND NOT THE BACKEND. ALL I CAN SAY IS ALL THE NEWS IS AWESOME AND SOLID AND STRONG IN FAVOR OF WHAT WE NEED TO BE DONE. IT JUST DOESN'T GET ANY BETTER UNLESS THEY JUST RELEASED THE RATE. [post 2 of 2]
3-23-2014 Intel/Newshound Guru Poppy3 TODAY WE SEE THEY HAVE NOW PAID BILLIONS OF THEIR DEBT OFF OF THE PARIS CLUB AGREEMENT IN PRINT AND NOT JUST RUMOR. LET ME SAY I FEEL POSITIVE ABOUT OUR INVESTMENT...TOTALLY CONVINCED AND ENCOURAGED, EXCITED, I AM READY...NOT SINCE LAST JUNE HAVE WE HAD SO MUCH SOLID POSITIVE INFORMATION AND THIS IS THE FIRST TRUE MAJOR DEADLINE WE HAVE EVER HAD WITH THE DFI FUNDS PROTECTION EXPIRING AGAIN AND THE ELECTION CLOSING IN AND POSSIBLY MALIKI'S REMOVAL AND A NEW GOVERNOR OF THE CBI. [post 1 of 2....stay tuned]
3-23-2014 Intel Guru TerryK IM HEARING THE IMF IS STALLING THIS TO SEE WHAT COMES OUT OF THE ELECTIONS BUT I DON'T KNOW WHY. BUT HAVE HEARD THAT CHINA IS PUSHING THIS HARD TO BE DONE BY THE END OF THIS MONTH. IM HEARING AGAIN A HIGH RATE LIKE 22.18 CAME OUT OF THIS PERSONS MOUTH. THAT'S IF M [MALIKI] DOES NOT WIN. THIS PAST WEEK A LOT OF SOURCES HAVE BEEN SCRATCHING THEIR HEADS WONDERING WHY IT HAS NOT HAPPENED YET.
3-23-2014 Newshound Guru Millionday [I keep hearing it will RV when we have HCL. what needs to happen to finalize HCL?] the hcl will be in place -- we have read that it is also done -- not activated -- the one thing i have always said is that all will be at the same time and therefore the thing that needs to get done is the steps that are to be done to raise the value and the rates that were announced by CBI.
3-23-2014 Intel Guru Mnt Goat In reality...the budget had been passed, completed and signed off weeks ago. Then it was just waiting in the wings for the IMF and the USA to give them the go ahead. This week I believe the go ahead was given to Iraq. Actually it was given to them last weekend. So the RV has been stalled for many months now and Iraq was just given the word to go ahead this week and so they are now allowed to implement the much needed laws that have been held up regarding their new currency value. I think we will see the RV very shortly. [post 2 of 2]
3-23-2014 Intel Guru Mnt Goat There is strong evidence to suggest that Iraq has been playing a hide and seek game with the budget law. Why would they do this? ...they have to save face with the Iraq people. Thus the hold up of the RV by outside sources has caused Iraq to subsequently then have to stall in moving forward with their budget implementation. This effects the implementation of many other laws too. ...the RV is driving the budget not the other way around... we have been told all along over and over again that all of a sudden the implementation of the laws connected to the revaluation of the IQD would hit us all of sudden and catch us off guard. Well I strongly believe this is now happening. [post 1 of 2....stay tuned]
3-23-2014 Newshound Guru Millionday [to begin oil exports of 100,000 barrels-per day, do they need the reality rate?] no but this is part of the agreement to move forward with budget and contracts etc. you see the kurds were set in concrete so to speak on all issues without movement on what they want with oil proceeds so they were stuck -- now everyone -- the kurds, Iraq, the UN and the US etc. are all excited over the movement of progress that will come from agreement and so are we.
3-23-2014 Newshound Guru Red Lily ALL THAT IS IN PLACE NOW IS AN INTERIM AGREEMENT IN ORDER TO PASS THE BUDGET OF 2014. IT HAS TO BE SUPPORTED BY THE IMF AND WORLD BANK TO BE GLOBALLY LEGITIMATE INCREASE IN RATE.
3-23-2014 Newshound Guru Kaperoni Article: "Secretariat of the Council of Ministers: untrue to pull out of the hands of Turkish Central Bank administration" ...clarification from our Arabic translator on this article..."It says that Dr. Abdul Basit Turki mandate ends soon but a new appointment (that may be Basit again) will take place as dictated by the bank's and other written laws. So it's really up in the air - he is not resigning and he may get appointed again."
3-23-2014 Intel Guru Fisherman1 We are in the best position this time that we have ever been in and it is backed up by intel that I have personally verified. iF SOMETHING DRASTIC DOES NOT HAPPEN AND IT WILL NOT THIS TIME, WE WILL ALL BE IN THE BANKS NEXT WEEK, PERSONALLY I AM LOOKING FOR IT NO LATER THAN MONDAY OR BEFORE
3-23-2014 Newshound Guru Millionday [do you think they will Rv before the april 1 agreement or does it matter?] i think that all of the things we are seeing get done or announced as moving forward in a hurry tell us that the economic side of it (reform) is a must. i dont have a date but it seems they are hurrying to fulfill what they had said initially --- 2014.
3-23-2014 Newshound/Intel Guru BGG Maliki just put (or will soon) put his guy in charge at the CBI. It appears he needs his hands on the financial levers of Iraq. Now ask yourself why??
3-23-2014 Newshound Guru Red Lily ARTICLE: "UNAMI welcomes the decision of the Kurdistan on the export of oil and declares its readiness to assist in approving the budget" HOWEVER VAGUE, AND I MEAN "VAGUE", this almost sounds like progress is being made as it relates to Article 140 & oil and gas law. Quote: "this decision is the result of the first of the continuing negotiations between the delegations of the federal government and the province." Its not over yet... NEVERTHELESS it is FORWARD MOVEMENT IMO. It is my opinion this is an interim agreement in order to get the budget out of the way so they can move forward economically.
3-23-2014 Intel Guru TD (SO IS TURKI IN OR OUT ?) According to info learned as of today, Saturday, he is still governor and will finish his term. Yes, Maliki again tried getting his hand in the cookie jar. He has wanted oversight of the autonomous CBI forever. Maliki is scrambling to pull out a rabbit out of the hat and gain re-election. There will other political attempts before end of April. What He and his colleague Erdogan (of Turkey) are now MOST petrified of is losing power and then being faced with corruption investigations. There will be NO movement on government agendas, laws. reforms, etc. by the opposition parties till elections are over in both countries. While it will be "dead time" in that respect it will certainly be most interesting to see what does unfold.
3-23-2014 Intel Guru Jester WELL I'D LOVE TO TELL YOU SOMETHING NEW AND IMPROVED BUT IT IS STILL IN THE PROCESS AND I KNOW NO ONE WILL LIKE TO HEAR THAT BUT THE FACTS REMAIN THAT IT IS UNDERWAY AND MOVING ALONG...THE BIG PICTURE IS A TAPESTRY THAT WILL HANG OVER THE WORLD FOR YEARS TO COME...AND IT IS BEING WOVEN NOW. 3-22-2014 Newshound Guru Kaperoni [define the value of a point] when countries exist from a closed exchange regime, to a new exchange regime...its some kind of float. it will just move over at 1166 and rise from there but if it is way undervalued as so many say, it should have some sort of correction and rise quickly to some point. what that is, i dont know. its all relative to supply and demand and where Iraq's economy is. one thing for sure, i think the dinar will be heavely traded once it comes out which will drive up its value...once the dinar is convertible, it will open the gates.
3-22-2014 Newshound Guru Kaperoni [I talk to several people...and they think you are right about the float but all of them think it will start at a higher rate do you think thats possible?] i think it will start low, but if it undervalued as they say, it should rise at least to a point quickly within weeks so who cares right? They just need to get to Article VIII and let the rest take care of itself.
3-22-2014 Newshound Guru wmawhite [Do you think once they read the 2nd reading [budget] on Tuesday, do you think the vote will follow soon after?] i expect it next week...later in the week. remember...the budget in itself doesn't bring a change in the IQD...that will come from the CBI.
3-22-2014 Newshound Guru Millionday [so the budget is just more progress for iraq and to allow provinces to spend right and maybe not to increase the iqd's value? seems many are thinking the finished budget gets them off this ride?] i dont believe it does except i believe that the passing of it with the contracts and everything the first of april shows us that we are close to all being done at the same time.
3-22-2014 Newshound Guru Aggiedad77 Article: "Baghdad welcomes the resumption of Arbil export oil through the "Sumo" and Washington welcomes the decision" Baghdad is happy that the Kurds will begin to export oil in April through SOMO....and that revenues will be deposited into the DFI...to be distributed according to the federal budget...Barzani stressed that what they are doing is meant as a goodwill gesture towards a future agreement with Baghdad...this comes at a time that the US was putting some pressure on the region to resume oil exports...although no agreement between Baghdad and the Kurds has been reached...the US will continue to serve as a neutral intermediary between the two.
3-22-2014 Intel Guru EXOGEN Per conversation Arbil is completed and goes into effect in Iraq on April 1st at rate of $3.71 in country. Arbil has been signed by all 3 parties. General Public exchange can take place anytime before April 1st if all goes as planned. GCR azimuth angle, guidance, and resolution on direct course for target and selected date. Misinformation at maximum level and pending announcements from JL [Jack Lew] and CL [Christine Legarde] forthcoming.
3-22-2014 Newshound Guru Kaperoni This is from Al-Iraqiya TV (State owned media outlet – very ‘pro-Maliki’ “They said the CBI is to be commended for the stability in the exchange rate of the Dinar to the Dollar – but was for the policy short term. It is time to take the necessary steps to reevaluate the Dinar and implement the project to delete the 000’s without delay”.
3-22-2014 Newshound Guru Red Lily IRAQ STILL HAS A SECOND READING TO DO ON THE BUDGET AND MAKE ANY CHANGES AND REVISIONS. ONLY AFTER THE SECOND READING CAN THE BUDGET LAW BE VOTED ON AND PASSED...IT SEEMS MALIKI DOES NOT HAVE A LEG TO STAND ON WHEN IT COMES TO SPENDING THE BUDGET PRIOR TO APPROVAL.
3-22-2014 Newshound Guru wmawhite [whats your opinion on the possibility of change at the CBI?] turki is leaving on his own going to the World Bank...has wanted to for some time...the Secretarate General of the CoM will become the Governor of the CBI...IMO.
3-22-2014 Newshound Guru Millionday Article: "Deputy Prime Minister for Energy Hussain al-Shahristani, the decision of the government of the Kurdistan region of Iraq to start exporting Iraqi oil product from the region via the company 'Sumo'. " so what we have is an agreement - kurds have argeed to export through SUMO. [Is that related to hcl?] yes, that is related to everything --- sumo-budget-and the hcl being put in place. so that is the final agreement between gov -- and they are able to move on to all other things.
3-22-2014 Newshound Guru Kaperoni there was a temp agreement with the kurds to pump 100k oil per day while they negotiate the export agreement. i am hopeful they will come to parliament and start passing laws. if they do, i can see some changes but they need to pass those economic laws. [post 2 of 2]
3-22-2014 Newshound Guru Kaperoni the last few weeks several MPs are talking to the CBI...putting pressure on to get it done...A group representing several political blocs said that monetary policy has to be addressed even before the elections at the end of next month. we shall see. [Elections April 30 correct?] yes. [post 1 of 2....stay tuned]
3-22-2014 Newshound Guru Aggiedad77 Article: "Secretariat of the Cabinet denies pulling the hands of the Turkish Central Bank Governing" So Turki is not being pushed out, but leaving to do some work it sounds like with the World Bank...and maybe in conjunction with the CBI...interesting...his CBI assignment is basically over...remember he was there as an interim governor from the beginning.
3-22-2014 Intel Guru EXOGEN THE LAST PUZZLE PIECE IN CONJUNCTION WITH THE U.S.T. & I.M.F. IS NOW IN PLACE AS OF TODAY [FRIDAY].
3-22-2014 Intel Guru Frank26 [I was thinking about Kurdistan exporting their oil according to Baghdad's wishes (soma). With Kurdistan doing this as a good will gesture, what will Baghdad give in return? Budget implementation?] IMO...The budget is done. IMO...For actions there can be an equal or greater reaction. IMO...Kurds got THINGS that will never be revealed to the world. IMO...M [Maliki] gave them A LOT because he was told to please the favorite son...And the son ran with it. [The magic question is why won't or why haven't "they" released the rate-yet. Must be timing-political. The election is april 30. mailiki would look like a hero if it is done shortly.] It now a political action. 3-21-2014 Newshound Guru Bondlady Article: "Iraq extinguish a large proportion of its foreign debt Is a good indicator within the rankings" paying off their debts increases their credit rating which is a huge thing globally...less lawsuits against the DFI fund. imo, I don't think they will ask for protection this time with them paying so much off - think they just may take control of their DFI and their destiny...good chance of it, imo.
3-21-2014 Newshound Guru tlm724 Article quote: "general framework agreement, the United States notes the progress that has been made in recent months including general principles that would allow for all Iraqis to benefit fairly and equitably from anticipated increases in oil production and export." there we go, the HCL! with the people getting their fair share too! awesome news indeed! It's been years in the works! US has had their hands in it too acting as arbitrator!
3-21-2014 Intel Gurus TNT Tony & DC Everything is superfantastic right now...excited...wouldn't be that way if everything we fought for wasn't being told to me we were gonna get. Not everyone will get the high rate but they are telling me that we will all be treated fairly and that is what matters. There are still peeps trying to stop it from happening. I'm going to read from an article out of an Iraqi newspaper that fits with info we've received. "Kurdistan oil revenues will be distributed on basis of federal budget effective June 21, 2014." This is important because Kurdistan's budget was not going to go into effect until the RV occurs. They were not going to release the oil. This is huge indicator. All agreements are now in place, oil , salaries effective April 1st. Completely done and ratified is the news coming out of Iraq today. Bottom line we are imminently close.
3-21-2014 Intel/Newshound Guru Poppy3 The Turki situation - I still don't know if I believe that this is true. He has followed Maliki's every step and every request that he has asked him to do. Why would Maliki want to get rid of him? We have had the IMF, World Bank, the Bank of International Settlements and the UST want to get this RV done as bad as you and I and Turki wouldn't pull the trigger. I believe that he is caught in a catch 22. He can't win on an International level or and Iraqi level. If Maliki is fighting to get this RV done, we have the best manipulator there is and he is working for us now! LOL
3-21-2014 Newshound/Intel Guru BGG Maliki needs someone in there now that will do his bidding for him. I believe it's happening, we just don't know the time frame, but it makes Maliki look really desperate. It is my speculation if this CBI move was geared around pro currency reform, pro votes, pro Maliki then he will do it later in the election cycle which is only 10 days away from really starting, supposedly April 1. [post 2 of 2]
3-21-2014 Newshound/Intel Guru BGG I still have reservations that Maliki getting rid of Turki is real. There still seems to be a lot of moving parts to this thing & I don't know if they have really decided to do this or not. Turki doing everything that Maliki has wanted him to do may or may not be entirely correct. I'm somewhere on the middle on this. I think that he has been a useful tool to Maliki. He may not have done everything that Maliki has wanted but hasn't hurt him either...he hasn't been "in your face" like Shabibi was. [post 1 of 2....stay tuned]
3-21-2014 Intel/Newshound Guru Poppy3 I received a call telling me that Christine Legarde and Jack Lew, 2 top people in world finance are supposed to have a nationwide broadcast between now and the 1st of April. What would these 2 be announcing to the world on all networks?
3-21-2014 Intel Guru EXOGEN HOT OFF THE PRESS!!! Washington welcomes the announcement of Arbil, the export of oil and confirm the continuing role of mediator "neutral" for a settlement with Baghdad. RED CHAMPAGNE NOW BACK ON ICE!!!
3-20-2014 Newshound Guru Kaperoni Article: "Banking strategy" Quote: "...the public banking sector is undergoing a restructuring required to stand at the most important stages of global development, which can be hired to serve the local monetary sector." it...sounds good for sure. Clearly, while the politics stink in Iraq, these reforms continue.
3-20-2014 Newshound Guru Red Lily Hopefully getting closer to seeing Malikis demise. They are talking a lot about getting them up to speed in their laws as it relates to the GLOBAL FORUM...of course theyve been talking about that for a while..but I AM SEEING MORE AND MORE OF IT... as long as we are moving FORWARD.
3-20-2014 Newshound Guru Aggiedad77 Article: "Deputy for Maliki's coalition reveals America to provide proposals to contain the crisis, Baghdad and Erbil" The US has stepped up to the mediation table and may have an answer that is agreeable to both the Kurds and Baghdad according to an MP of the State Law coalition...this is good news if it can be trusted...they are now looking at possibly next Tuesday as a Parliament session with the budget back on the agenda for the second reading.
3-20-2014 Intel Guru Mnt Goat All news is so good right now we might see this GCR and best of all finally the grand ending, the ending we all have been waiting for so long. Hang in there and stay calm! It is coming to us shortly. There is enormous pressure from everyone involved to see this GCR through to conclusion and do it now.
3-20-2014 Newshound Guru Kaperoni Article: "State law confirms that the al-Maliki set Keywords director of the Central Bank and prepared able to run the office" ...Maliki would have no other reason to remove Turki than to stop the constant banter of changing the currency and increasing the value. He time and time again interferes in monetary policy despite the IMF and WB telling him otherwise. I just wonder how he expects to move to a market economy without making the dinar convertible? I ain’t happening. He clearly has come out in support of a market economy, announced the implementation of the 2014-2017 Economic Development Plan so holding the dinar back makes no sense.
3-20-2014 Intel Guru TNT Tony Everything is progressing towards our goal. There was a minor or major hiccup last night, depending on how you want to look at it. Either way, it is resolved and over with. This morning I have received nothing but positive news. Things are being finalized as I write this. I am really, really, really feeling SUPERFANTASTIC at this moment and looking to get better.
3-20-2014 Intel Guru EXOGEN Article quote: "MP for the coalition of state law gum honest decision by Prime Minister Nuri al-Maliki to withdraw the hand of Abdul-Basit Turki administration of the central bank and the appointment of the secretary-general of the Council of Ministers on the Keywords instead of him..." HOT OFF THE PRESS: TURKI IS NO LONGER THE GOVERNOR OF THE CENTRAL BANK OF IRAQ.
3-20-2014 Intel Guru Frank26 [how does this fit into the plan, New CBI Governor?] A command of control is being established because, IMO, A major move is about to occur within the IQD.
3-20-2014 Intel Guru Bluwolf All past intents to obstruct this process for a lengthy amount of time has been cut short by the people who are watching out for the world’s best interest and ours. While with each intent there seems to some new demands, these excuses are now being cornered and they will in a matter of hours or days meet there deaths, for the Global Currency Reset is now a imminent go and cannot and will not be stopped by any. Everything is still intact and all are in position to execute this RV as soon as the administrator gives the official go. Imo we are within hours from receiving these blessings ( second, minutes, hours, days) please be aware and on alert.
3-20-2014 Intel Guru Delta SAY BYE BYE TO TURKI! [is that from Iraqia tv or your opinion?] YES...YOU WILL SEE IT IN ARTICLES IN 2HRS OR LESS. [this guy was appointed by Maliki ...Is this a good move?] YES...IF MALIKI IS HAPPY THEN IT'S A GOOD THING. [how does this effect the RI/RV? Good/bad, postpone?] NO EFFECT. WE DO BELIEVE THAT THE DATE AND RATE ARE ALREADY SET! THIS MAN IS VERY SMART AND WAY BETTER THAN TURKI.
3-20-2014 Intel/Newshound Guru Poppy3 WE ARE HEARING LOTS OF GREAT STUFF FROM EVERY DIRECTION. HOPE ALL THIS COMES TO PASS AND WE STAND TO BE VERY BLESSED WITHIN THE NEXT FEW DAYS. I FEEL LIKE THE NEXT 10 DAYS ARE PRIME TIME. I AM FOR THE FIRST TIME IN SEVERAL MONTHS GETTING VERY EXCITED.
3-20-2014 Newshound Guru Millionday [Since the budget has had it's second reading, when will it be voted on?] i am not sure -- i find that the important amendments have been addressed and they still have issues they are working on with oil proceeds but this does not stop what CBI is doing with rates and the raise of the dinar so we will have to watch for the vote etc -- the thing that makes me happy is the extension is may 22nd for fund protection -- that means they are hurrying for a reason and the trade coming etc shows us that we are on top of the economic and monetary reform. 3-19-2014 Newshound Guru Adam Montana With any luck, this is the "quiet before the storm"... it certainly appears that we have a solid foundation, and I don't see any reason to doubt good news is coming soon.
3-19-2014 Newshound Guru Enorrste What does he gain prior to the election by putting his own man in the CBI? One possible answer is that he could begin the float... I'm not convinced that this is his primary objective now, or even his objective at all...In fact, an argument could be made that Maliki likes a weak dinar so that his opposition cannot fund a strong counter-campaign against him. ...there is little we can do but speculate and it is probably wisest to "let it come to us." Having said that, however, this could very well jeopardize our investment. Maliki is a wild card, in my view, and if he gets control of the CBI all bets may be off. We just don't know. [post 2 of 2]
3-19-2014 Newshound Guru Enorrste Article: "Maliki is determined to set his party leadership Keywords governor of the Central Bank" The COM appointed Turki as a "temporary" head of the CBI. Therefore it is my view that he can be removed/replaced with a permanent appointment. Maliki had him appointed because he thought that he would do what Maliki wanted. That turned out no to be the case. In fact, it appears that Turki is following IMF directions rather than Maliki. [post 1 of 2....stay tuned]
3-19-2014 Intel Guru Mnt Goat Much of the budget is tied to reconstruction and the RV. So now once again they stall by telling the people that they are going to have the first reading on 3/18, then this too is postponed. How many first readings are they going to have on the budget? Are you going to believe all these phony articles they are now publishing? The fact is all the readings have been done and the budget is passed and is just waiting in the wings for full implementation, once the GCR occurs. [post 2 of 2]
3-19-2014 Intel Guru Mnt Goat From everything I am hearing the Iraq budget is completed and signed off by all parties. It is waiting in the wings for publication in the gazette, this should have taken place last week. This did not occur. They are stalling this cause they do not yet have the GCR. We know that once it is published it will become official and fully implemented. So without the GCR happening how could they open the budget and begin spending the money at the new rate? [post 1 of 2....stay tuned]
3-19-2014 Newshound Guru Adam Montana [What will happen if the Kurds do NOT agree to the budget and it is passed without their votes?] that's a GREAT question! It actually ties in nicely with the stories about certain regions talking about seceding from Iraq. Baghdad does not want to lose the Kurdistan area, but they won't continue to delay forward progress just because the Kurds refuse to come to an agreement. What I see happening is this: 1. Budget passed regardless of Kurdish approval. 2. Kurds throw a tantrum and threaten to leave. 3. Dinar RVs. 4. Kurds forget they were mad. 5. Everyone celebrates. 6. Everyone wakes up next day and starts bickering again. 7. So what, we cashed out.
3-19-2014 Newshound Guru Kaperoni Those who were hopeful that laws would get passed before parliaments recess...well today Nujaifi adjourned until further notice.
3-19-2014 Newshound Guru Aggiedad77 Article: "Rejection of official and popular decision to prevent coverage of the Iraqi parliament session for the budget." The governor of Babylon expressed dissatisfaction that Speaker Najafi would not allow the al-Iraqiya TV channel to broadcast the reading of the budget live from Parliament.....stating that this definitely affects transparency of the government to the people. Other provincial governments also expressed concern.
3-19-2014 Newshound Guru Adam Montana [when this 'opportunity' first began, I understand that the people who were first on board have just about doubled their investment...However, since I got here 5 years ago, the price has been pretty constant. My question is : Could that initial jump be THE RV?] I have to say "absolutely not". True, the exchange rate has only moved a couple pips over the last few years. In my opinion, that's because when it moves, it's going to move a LOT.
3-19-2014 Newshound Guru Millionday Article: "The Central Government and Kurdistan Region have reached a compromise over exporting the oil and endorsing the Budget." Quote: "The two sides agreed upon endorsing the General Budget next week after settling the disputes over it," so we should have a formal announcement of finally having a finish of the resolve...huge and great news.
3-19-2014 Intel Guru Frank26 many things are waiting on the rate…and the third batch of Bonds are waiting as well! The “smoke” articles are to make the GOI look busy as elections are coming up next month, and they need the citizens to think they are busy doing important stuff….IMO, It's just for appearance and they are waiting on the new rate just like us. IMO, the USA is in charge and working through the IMF...13 or fewer people only know the date and rate… the RV...it’s a political decision now...just wait for it. I-Team Reported that everything is DONE. It can happen at any time. [post 2 of 2]
3-19-2014 Intel Guru Frank26 [via anonymous] [Regarding the issue with Russia...Does it have any impact on the Monetary Reform and the IQD?] No. [What about the impact to Global Currencies?] Yes, It can have an impact...Russia can impact Global Currency Markets…but, they are not part of the coalition or the Monetary reform…In fact, Russia needs the MR as much as everyone else. [post 1 of 2....stay tuned]
3-19-2014 Intel Guru Mnt Goat ...they (the Iraq GOI and the parliament) must save face and demonstrate to the people that they are still in charge of their government. They are stalling for time. The real truth is however they are not in control and this stalling will continue until the USA and the IMF stop playing puppet with Iraq and let them have their currency go international. This is now in the desperate stages since Iraq’s economy needs this to happen and to happen as of yesterday. I am telling you this RV has already occurred and has an official date of December 1, 2013. We are just awaiting the completion of the rollout to the exchanges and the general public. The final process of the rollout is a matter of timing.
3-19-2014 Newshound Guru Adam Montana A nice reminder that US protection of Iraqi funds is once again coming up. This could be a tipping point for us - last year at this time, Chapter 7 sanctions were still in place. It's always been my opinion that those particular sanctions were a major component in this ride... well, as of last June, those sanctions were lifted and Iraq has MUCH less chance of playing the same cards they've been playing for so long. Delay in budget related to exchange rate: "... will lead to a problem in the Iraqi street against politicians and members of the House of Representatives..." That's right, GOI - problems are coming if you don't fix this! Lucky for us dinarians, elections force politicians to take big measures, and the value of the Dinar IS a big deal.
3-18-2014 Intel Guru TD (Is Kurdistan possibly breaking away from Iraq still possible & what are the consequences?) ...the Kurds have basically decided that if Maliki steals away elections that they will break away. And yes it's HUGE because of immediate instability it will create shock waves throughout the nation as well as a HUGE concern for foreign investors. In addition other factions like Sadr are waiting for any opportunity for break as well. Uncertainty will prevail, the CBI will become paralyzed and no body's like the IMF, WTO will entertain any approvals. The NEXT MONTH is "dead time" and a Nation's status is on life support mode till after the elections on whether Iraq will make any progress this year. [post 2 of 2]
3-18-2014 Intel Guru TD here's some intel I've just received: Daily calls for imminent RV status continues by many BUT fresh news I've obtained clearly indicates otherwise. In fact, most "EVERYTHING" is on "STANDBY/CANCELLED: status as we are now a month away from elections. "No media allowed" for recent parliamentary sessions was to veil the enormous division mounting between political parties seeking to gain power. [post 1 of 2....stay tuned]
3-19-2014 Newshound/Intel Guru Dinar Daddy I’ve done almost a 180 in my hopes, though I’ve always known I’d make a nice return on this speculative play. I’m cautiously hopeful that what I’ve dreamed about for myself, my family, my friends...over the past five or so years may actually finally come true. I’m once again optimistic! ...what I’ve shared in this post is all speculation. I’ve shared because I have tremendous hope and I couldn’t contain it. I just want you all to be aware and alert. [post 3 of 3]
3-19-2014 Newshound/Intel Guru Dinar Daddy I don’t want to give a timeline for anything but I’m hopeful between now and the end of April that we may have a few real answers. The skeptical side of me wants to hedge my bet through the end of the year and maybe even longer just to be safe. The hopeful side of me wants to scream specifics. Now with this, I’m hoping you can read between the lines, be aware, stand at the ready, keep your expectations in line, and wait. It’s amazing what can happen over the course of a 30 minute conversation to change a perspective. [post 2 of 3....stay tuned]
3-19-2014 Newshound/Intel Guru Dinar Daddy I heard some really positive news today! This is the best I’ve felt about the reinstatement of the Iraqi Dinar into the international community of global currencies in quite some time. The reinstatement of Iraq’s currency is imminent (1 day or 1 year…hearing by the end of April)... Iraq’s currency will be brought back in with the rest of the world and it will increase in value. It HAS to! Iraq is one of the wealthiest countries on the planet... Rates, Dates, Amounts, Hows, Whats, and Whys are known by NO ONE outside those who are involved. Those who call the shots don’t reveal their information because of who they are. [post 1 of 3....stay tuned]
3-19-2014 Newshound Guru wmawhite [do you feel this will happen during this month or after the elections?] IMO...still prior to the elections...however, the Finance Committee stated last year that there would be a significant change in value of the IQD BY...BY June 2014...eitherway, it will happen...
3-19-2014 Newshound Guru Med [If Kurdistan breaks away from Iraq, what are our chances for the IQD to still revalue? Wouldn't the Kurds do their own money?] SEE I DONT THINK IT WILL BREAK AWAY...BUT IF IT DID...IT POSES PROBLEMS FOR IRAQ...BUT NO MORE THAN THEY ALREADY HAVE...SINCE KURDISTAN IS ALREADY MOSTLY AUTONOMOUS OF ITS LOWER BIG BROTHER...THE SAME ISSUES THAT ARE HOLDING BACK THE GOVT NOW STILL ARE THE ONES THEY HAVE TO OVERCOME TO REVALUE. 3-18-2014 Newshound Guru wmawhite [this news of a contractual resolution on the export of oil and budget consensus is very encouraging.] for the Kurds to announce, IMO...outstanding! it will take a lot to move the Kurds off of center...for them to even appear cooperative they must have received something they truly wanted...also, if there truly is an agreement/contract in place, this opens up the possibility of the budget being voted on. a lot of people think when they are saying money they are talking dinar but its really petro dollars...oil is traded worldwide with the dollar. Iraq has to convert those dollars into IQD...however, if they enter the world market with the IQD at 1166 they will go broke very quickly.
3-18-2014 Intel/Newshound Guru Poppy3 I WILL BE TOTALLY SHOCKED IF MALIKI REMOVES TURKI. HE HAS FOLLOWED MALIKI'S INSTRUCTIONS AND GONE AGAINST THE IMF FOR MONTHS. NOW TURKI MAY NOT WANT TO PLACE THE VALUE THAT MALIKI WANTS ON THE CURRENCY BECAUSE HE HAS BEEN TOLD HE CAN'T AND SUSTAIN IT ON THE INTERNATIONAL LEVEL.
3-18-2014 Newshound Guru tlm724 Article: "Coin and raise the value of the dinar traded between inflation prevents citizens" Quote: "The coin will have an important role and is effective in raising the value of the Iraqi dinar." the only way the coin will work is to remove the 3 zeros and add value to it, period!
3-18-2014 Newshound Guru Millionday a committee is being created to work the budget and also the un report from UNSC is coming out on the 27th by [Ban Ki] MOON and the US will hold the funds until may 22nd by extension of dfi -- unless it is appealed.
3-18-2014 Newshound Guru Stryker [Does the Iraqi dinar need to be a convertible currency for full accession into the World Trade Organization (WTO)?] My answer would be yes, it does need to be convertible and tradable internationally or at least with the other members of the WTO before accession into the WTO. Another must is that Iraq or any other country looking for accession into the WTO must have no restrictions on their currency according to Article VIII of the IMF Articles of Agreement and all countries acceded by the WTO must agree to this IMF article. [Is this the year we will see the Iraqi dinar achieve a form of convertibility?] I will answer yes as long as they can get a few more laws passed that is required by the WTO and gain Article VIII compliance by the IMF.
3-18-2014 Newshound/Intel Guru BGG Article: "Breaking News …Baghdad, Erbil reach agreement over exporting oil, endorsing Budget" Quote: "The Central Government and Kurdistan Region have reached a compromise over exporting the oil and endorsing the Budget. An informed source stated to All Iraq News Agency (AIN) "KR agreed upon exporting its oil thought SOMO Oil Company where the official announcement of the agreement will be within two days." "The two sides agreed upon endorsing the General Budget next week after settling the disputes over it," the source concluded."
3-18-2014 Intel Guru Bluwolf Let it be known that the plan still is in motion and that there are no changes in the plan. We are still on high alert even though some high rollers...are trying to harm LEGACY for the last time. I was informed that the Global Currency Reset will transpire no matter what. The voice from Washington is conducent and strong and the go has been given and the goal is now imminent and will be achieved briefly, maybe as we speak.
3-18-2014 Intel Guru Frank26 [via anonymous] the Monetary Reform of Iraq is in the US’s hands and Iraq and GOI is just trying to look busy….like they are in control//the GOI is just doing what they are told to do. ...the new rate can be released at any time.
3-18-2014 Newshound Guru Red Lily Article quote: "Adel Al-Lami said "morning," the completion of the first phase of the project, which came up with recommendations on important areas of economic expansion, business, building permits, import and export, indicating that the recommendations submitted to the Government and it is hoped that it will be implemented" MORE FOCUS ON "LAWS OF SUBSTANCE" THAT WILL "INCREASE IRAQ'S GDP" THIS IS GREAT NEWS. TARIFFS!!! INVESTMENT LAWS!!! BANKING LAWS!!!
3-18-2014 Intel Guru Delta [via anonymous] Article Quote: "The coin has a positive impact on the Iraqi dinar, especially in the event of the application of the project to delete the zeros from the dinar," noting "The coin will have an important role and is effective in raising the value of the Iraqi dinar." the IQD rate needs to be raised to control inflation. The coins are part of the Lower Denominations …Raise the rate to control inflation, and release the LD’s and coins to pull in the rest of the 3-zero notes. ...on Iraqia TV they are saying the President of Parliament has declared a media blackout and will not let any reporters or media into parliament today.
3-18-2014 Newshound Guru Kaperoni IMO, based on other articles, the US will always extend the protection if asked by Iraq. This is to give them time to resolve all outstanding debt prior to release of their money and international status. Iraq wants its money so motivation is not an issue. Let's hope based on these articles the last few days, they are ready to stand up and take it. Its good news if they do. [post 2 of 2]
3-18-2014 Newshound Guru Kaperoni Article: "Financial control: protecting our money in America end in may" Protection of Iraq's money [DFI] is in our best interest. If they allow it be not protected, and Iraq still has financial obligations, those creditors may try to seize Iraq's assets. Which ultimately is money that could be used to back their currency. So what we want, is exactly what Turki stated and that is they are getting to a position that they have little outstanding debt. As for the dinar, it will appreciate in value gradually once the enter IMF Article VIII with a new exchange regime. Article VIII makes the dinar convertible world-wide. [post 1 of 2....stay tuned]
3-18-2014 Newshound Guru Millionday [I can see the direct relevance of the clues and the "CLUES" are for sure great developments but I tend to relate hard news in to a predictable timeline for the IQN revaluation and how that may be used for investments and timeline for making a global difference.] the thing is this -- the idea of...looking at the news at all is so we can as educated individuals follow the phases of development that Iraq is going through and also the laws, regulations, constitution, democratic development, banking and economic reforms, investment laws and customs etc, along with all other things that must be in place for the re-entry of Iraq or the New Iraq to the globe as a trading country out of sanctions – so the clues as these steps are done allow us to watch them advance closer to the event of international currency recognition and also monetary reality by rate for international currencies.
3-18-2014 Newshound Guru Aggiedad77 Article: "Why you should not use Central Bank reserves (cover dinar) in the treatment of the budget deficit? D. Mohammad Reza Sinan Shabibi" Yes this is a rehash of the same article that came out last week I believe with Dr. Shabibi talking about why the GOI cannot use the CBI reserves to fund the deficit in the 2014 budget...as usual Dr. Shabibi is on target with his assessment of the CBI reserves and how the GOI needs to keep their grubby paws off the money...
Read more: http://www.dinarguru.com/#ixzz2xYYzxGjF
3-30-2014 Newshound Guru wmawhite [wheres all this good news thats been coming in get us, no where...we still wait...most of what we have been reading is bull.] interesting...all this bull tells me that sometime this year, very possibly, within in next three months, this IQD that I have is going to be worth much more than it is today. Love That Bull.
3-30-2014 Intel/Newshound Guru Poppy3 got a phone call they stated --- budget reading postponed till tuesday.
3-30-2014 Newshound Guru Kaperoni Article: "Start of the conference Investment Iraq and the Kurdistan region in Erbil" This is the economic conference that was mentioned a few days ago with the Arab Chamber of Commerce. It's been over 40 years since Iraq participated in such an event. Good news!
3-30-2014 Intel/Newshound Guru Poppy3 AFTER THE POSITIONING OF IRAQ FINANCING--- THE GOLD PURCHASE, THE DEBT REDUCTION PAID TO THE PARIS CLUB MEMBERS, SETTING IN MOTION TO PAY PENSIONS BEGINNING APRIL 1 AND EVEN MAKING THEM RETRO BACK TO JAN. 1 2014, THE BUDGET AND HCL BOTH NOW ON THE AGENDA FOR THE COMING WEEK MEETINGS FOR SECOND AND FINAL READING AND KNOWING THAT THE HCL REQUIRES THE RV NOT THE OTHER WAY AROUND??? I NOW SEE US PROSPERING WITHIN THIS NEXT MONTH. THE BRICKS HAVE BEEN LAID AND THE TIMING IS RIGHT. [post 2 of 2]
3-30-2014 Intel/Newshound Guru Poppy3 IF THEY STAND BY THEIR CONSTITUTION AND HOLD FAST TO NOT LETTING HIM [MALIKI] RUN AGAIN THEN THE RV WILL HAPPEN ASAP ON THEIR PART. THIS IS VERY POSSIBLE BECAUSE THE CONTROL HE HAS HAD FOR YEARS NOW WILL BE LIMITED AND THERE IS ZIP HE CAN DO TO PRODUCE OR STOP THE RV. IT WILL BE UP TO THE CBI, WORLD BANK, IMF, AND GLOBAL NEEDS. WHILE THIS CAN BE VERY GOOD FOR US I AM NOW CONCERNED THAT THE POWERS THAT BE AT THIS POINT MAY ELECT TO SEE WHOM STEPS FORWARD AND TAKES THE PRIME MINISTERS POSITION AND IN THIS CASE WE MAY HAVE TO GIVE THEM TIME TO REBUILD THEIR CABINET AND THAT COULD TAKE 30 TO 45 DAYS. BUT I PERSONALLY THINK THEY WILL NOW NOT WAIT FOR A CABINET. [post 1 of 2....stay tuned]
3-30-2014 Newshound Guru tlm724 Article: "Iraq opens the second largest oil field in the world" they are rockin it out! It is the West Qurna field - 2 second-largest oil field in the world's untapped reserves are recoverable of approximately 14 billion barrels and has a great importance for the economy of Iraq.
3-30-2014 Intel Guru Exogen Time for this now! Enjoy the silence!!
3-30-2014 Intel/Newshound Guru Poppy3 [why is it so important that this budget gets passed?] THE BUDGET FUNDS THE COUNTRY, THE PENTION FUNDS, THE HCL FUND, THE PEOPLE, THEIR 17% POOL THAT THEY WILL DRAW FROM . THE BUDGET DOESN'T CONTAIN THE RV BUT...THE RV WILL PROVIDE FUNDING FOR THE REBUILDING AND PROGRESS OF ALL INFRASTRUCTURE.
3-30-2014 Newshound Guru tlm724 Article quote: "parliament will resolve the second reading of the budget at a meeting next Sunday for a consensus blocks to attend the National Alliance and then engage in a discussion of doors in preparation for a recommendation to ratify it" ok so they will then engage in a discussion of doors in preparation for a recommendation to ratify it...get all the kinks worked out for the vote.
3-30-2014 Newshound/Intel Guru Randy Koonce Non Disclosures are not for the individuals who are buying dinar so they do not matter...They were for major banks and News agencies, which is why the news will not cover the RV and that almost none of the banks talk about it... The window I gave that went to Sunday has moved because the IMF and UN have no resolve. So it moved to Monday morning...if we pass that date then guys I believe we will be here at least to the Election which starts in April... So pray for this window and that we do not have to go into April...Just pray for this weekend. Check CBI.IQ. I do feel strong we are just about done but this thing has made so many turns it looks like a snake around your arm. I am extremely hopeful at this time. [post 2 of 2]
3-30-2014 Newshound/Intel Guru Randy Koonce One of the things to go over is that fact that the IMF and UN have not been very forceful in making Iraq complete the things they agree upon...After such the IMF in the urgency to get this RV done was to give Maliki more concessions, which creates a spoiled kid effect which Maliki does not need more of. If anyone thinks the RV is not going to happen they need to sell out, I on the other hand will not sell even if it took 5 more years because the currency that you hold will one day go back to its value it has maintained for a long time in the 70s. [post 1 of 2....stay tuned]
3-30-2014 Newshound Guru Adam Montana Another week gone by in Dinar land, and here's the week's top stories: Central Bank stocks up on Gold; Maliki...will he survive another election? Political tension is rising...this is getting good!; The UN weighs in on HCL; Kurdistan applying pressure; And last but not least, the IMF says "despite low oil prices and the budget deficit...the Iraqi economy stable" All in all, I'd say we're looking pretty positive right now!
3-30-2014 Newshound/Intel Guru Eagle1 Christine [Legarde] has made it clear to many that she is willing to bypass the U.S. and move ahead with the Global Currency Reset. A meeting is planned with the IMF and the World Bank on April 10 and 11. It is conceivable that if we don't get an RV/GCR by that date that a decision could be made to move ahead unilaterally with the other nations. Am I predicting that? No. I'm expecting things to move without us having to reach such a confrontational stage. We're in the midst of something exciting, and whether we see it this weekend, next week, or the week after is less important than the fact that we are coming to the finish line! [post 2 of 2]
3-30-2014 Newshound/Intel Guru Eagle1 How can [Guru] Frank[26] be right that there is only an RV and not a GCR, while I'm right in saying that there IS and MUST BE a GCR? ...knowing what I know from behind the scenes at the IMF, Christine [Legarde] isn't about to stand by and allow an RV of the IQD without other nations getting to join in this restructuring. Could we see an RV of the IQD and a later GCR? Sure! The kicker here is that "later" is going to be measured in microseconds, minutes or hours at worst -- not weeks or months. Everything is in play, and everything is in a state of readiness for both possibilities. [post 1 of 2....stay tuned]
3-29-2014 Newshound Guru Shredd [When they start the removing of the zeroes...is it immediate?] I would think a change would be immediate since the supply of new notes would be at risk and it would cost the CBI quite a bit if Iraqis could get the new dinar at a really low rate and then it would float or increase later...that scenario would be very costly to CBI...by contrast, if the new notes are released at the same time an initial rate is set, only the old notes currently in their hands would appreciate.
3-29-2014 Newshound Guru Mnt Goat We heard about all the testing issues and delays. We all thought that the RV was going to happen at any moment, as we did not understand the total plan and scope of all the reforms necessary prior to any currency revaluations...the big picture...if you really want to know where we are in this RV process follow the IMF plan. I will also once again tell you they are ready and have been ready for months now...Do you now know we are very close to seeing the completion of the global reset. [post 2 of 2]
3-29-2014 Newshound Guru Mnt Goat If you were paying attention...last spring and summer you heard all about the changes effecting this process. These were changes that were first planned to be implemented as minor changes to the process that then grew into a monster and out of necessity finally into a lengthy implementation process. [post 1 of 2....stay tuned]
3-29-2014 Newshound Guru Millionday it is against their constitution--what some are saying --- Maliki can not and does not have the power to postpone the elections.
3-29-2014 Intel Guru Frank26 5 years ago...I told You Iraq sits on a Sea of Oil. I ALSO told You that when You see the HCL...Within nano seconds You would see the RI/RV. Nothing on this concept...Idea...Purpose has changed.
3-29-2014 Newshound Guru tlm724 Article: "Mahmoud Othman stresses convergence of Gat considered significantly between the federal government and the province on the budget and oil" The General Agreement on Tariffs and Trade (GATT) covers international trade in goods. The workings of the GATT agreement are the responsibility of the Council for Trade in Goods (Goods Council) which is made up of representatives from all WTO member countries. so see how this is alll tied together? The budget, the HCL agreements, article 140 and the WTO...all linked like a chain...and they are doing what is required to move them forward economically, imo.
3-29-2014 Intel Guru TNT Tony Everything is going great and we are still in the anytime they want arena. I'm ready and you should be.
3-29-2014 Newshound Guru Shredd [is the CBI ready for something as big as a revalue? especially with all the gold reserves?] I think they are ready to remove the zeros which should bring with it a change in the value.
3-29-2014 Newshound Guru Millionday [...if the rate is in the budget, how long before it gets to us?] if, and this is not anything but if by me --- underlined twice...if the new value for the country as in the redenomination and the removal of three zeros is in the budget --- when it is put in as law -- it will go into effect then or the date given but it is for fiscal year 2014 so of course it would be then ---- the result of this would be the rates set for international exchange as well -- due to the new value on their CBI...just saying if that is how it is -- the law would be made law.
3-29-2014 Newshound Guru Kaperoni Article: "Expectations passage of the law of oil and gas during the next parliamentary session." Budget won't be passed on Sunday..it is only the second reading. They would have to schedule it one more time to pass it. I expect that may be middle of next week and the Oil & Gas law may also pass then since I believe that has been read twice already.
3-29-2014 Newshound Guru Mnt Goat In 2010 it was already decided to use the IQD as the foundational currency for the global currency reset so no matter what we, as investors, thought there was going to be a delay until all the IMF reforms were put in place. The GCR would be one of the final steps in the process. Once these items are put in place the IMF will then pull the trigger and revalue some +190 currencies. Some will revalue and others will devalue. It will be unprecedented in the history of the world and will surely be noted in our future history books as one of the greatest events ever. [post 2 of 2]
3-29-2014 Newshound Guru Mnt Goat In November 2010, the IMF agreed wide-ranging governance reforms to reflect the increasing importance of emerging market countries. The reforms also ensure that smaller developing countries will retain their influence in the IMF. I firmly believe that had the world not experienced this global financial crisis in 2008, we would have had seen the revaluation of the IQD in mid 2012. [post 1 of 2....stay tuned]
3-29-2014 Newshound Guru Millionday i want to... look at the agenda for parliament for sunday...so, we have a second reading on the budget -- remember they have a deadline so the fact that a deadline was given shows us a rush --- also if they dont get it voted by quorum they are to put it through by majority. Sunday budget is important -- does this mean that the rate wont show? no it means that they are implying by the report from the economists that the value should change with it --- we shall see.
3-28-2014 Intel Guru TerryK ...MOST OF THE OTHERS ARE SAYING APRIL 1. I THINK IT WILL BE HONESTLY 12-72 HOURS AFTER THE 1ST. THINGS ARE STILL ON TRACK WITH MY SOURCES.
3-28-2014 Intel/Newshound Guru Poppy3 I AM PREPARING FOR THE MONTH OF APRIL FROM THE 1ST DAY TO THE LAST AND THINKING THE FIRST AND 15TH ARE THE HOTTEST DAYS AHEAD. 90% OF ALL INTERNATIONAL BANKING ADJUSTMENT TRANSACTIONS ARE COMPLETED ON THE 1ST AND 15TH OF EVERY MONTH JUST LIKE FRIDAYS AROUND THE GLOBE...MORE MONEY EXCHANGES HANDS ON FRIDAYS. FRIDAY IS WHAT I HAVE ALWAYS CALLED MONEY DAY. THE KEY IS TO BE PREPARED FOR WHENEVER.
3-28-2014 Intel Guru DC Things look phenomenally good on every level. Everyone is cooperating and being professional. Baghdad and crew are all eager. The banks are complaining it's not being done and they running out of cash. The central bank is telling the IMF and the world that they can't wait past a
"certain date". Maliki wants this as well before the elections. They did updates in the mosque this morning. All of the administration, the UST, IMF, and the banks are ready to go. One banker was killed and they believe it was because a mob beat him to death from frustration over the RV. Other bankers are refusing to open their banks...some bankers not opening until the RV. Some opened with more security. All are prepared enough that they can go in a short period of time...whenever the bosses say "Go.!" It is on a minute by minute basis...that tight of a window.
3-28-2014 Intel Guru TNT Tony Things are happening in Iraq in the news and in the streets, it's public info, showing how close we are. Pressure is being applied to get this done now, sooner than later. Everything is really good, all are on the same page. In D.C. they are saying "This is over". It could go in the next 30 minutes, 3 hours or 3 days. Everybody is ready and told to be ready, "Right Now"! It may not happen in 3 days but they have been instructed it could go any minute.
3-28-2014 Newshound Guru Kaperoni Article: "Suri calls to the concentration of the banking industry, according to specialties" If there was any doubt in your minds what the goal is for the dinar? Why would the IMF, WB and US Treasury all join forces to restructure Iraq's banking system unless they were going to open it up to the world? It is clear to me that the dinar will be internationally recognized and convertible.
3-28-2014 Newshound Guru Adam Montana [How do you think an rv would affect the stock in iraq? Would they just change the nominal value and I'm still left with the same amount of stock?] they may adjust the nominal value at first, but with a major influx of cash into the Iraqi system, I see a TON of movement in the ISX, which means LOTS of opportunities for profit!
3-28-2014 Newshound Guru Red Lily How long is the DFI funds going to be available to a country who can not seem to get the destruction under control (to a certain extent)? This is extremely costly. Iraq is going to need more and more gold so they can pay people to keep going there to clean up their mess. I read the other day how much the violence in Anbar is costing Iraq and it was phenomenal. This figure did not even include Fallujah for heaven's sake. There will always be violence in Iraq but this is escalating violence. This is not good for ANY COUNTRY'S GDP.
3-28-2014 Newshound Guru Kaperoni Based on all the information (articles, IMF, etc) it is apparent they are going to "raise zeros" by a gradual appreciation (IMF Article IV consultation - which is a float) of the currency and then "delete zeros" which is the implementation of the Law if Indebitness. As for what they say on TV, they usually refer to it either as a "reevaluation" or "reevaluate of the dinar". Last week we saw someone refer to it as..."the zeros deletion project" and "restructuring the currency." IMO, all of which support that this is a process rather than a single event.
3-28-2014 Newshound Guru Adam Montana [Is it just speculation that the WH has some influence with the CBI (re: RV) one way or the other?] It is always speculation until proof can be provided, but I believe it's reasonable to assume the WH and other major world entities are involved in a major event like this. 3-27-2014 Intel Guru Bluwolf JUST GOT WORD FROM SPAIN, ALL CURRENCIES ARE ACTUALLY LIVE ON THEIR MONITORS AND THIS IS A VERY GOOD SIGN FOR THOSE WHO ARE OBSERVING ITS PROGRESS. LETS SEE IF THE US FINALLY GIVES THE NOW EXPECTED GO.
3-27-2014 Intel/Newshound Guru Poppy3 ARE ALL OF YOU READY FOR AN APRIL BLESSING? THERE IS A LARGE CLOUD BUILDING UP JUST FULL AND ABOUT TO OVERFLOW AND POUR OUT ALL THAT IT HOLDS DIRECTLY ONTO YOU AND ME AND OUR FAMILIES. QUESTION TO LOOK AROUND AND ASK YOURSELF "AM I PREPARED?"...WANTED TO WARN EVERYONE TO GET THINGS IN ORDER.
3-27-2014 Intel Guru Blaino WE EXPECTED TO BE POSITIONED TO RELEASE SOME IMPORTANT AND PERTINENT INFORMATION ON SUNDAY EVENING, HOWEVER...ONCE AGAIN...OTHERS WITH AN AGENDA, POWER AND CONTROL ARE PULLING AWAY FROM WHAT MUST COME! IT WILL COME, MUST COME, AND EACH TIME "THEY" TRY TO STOP IT OR DELAY IT (GCR) WE MOVE INEXORABLY TOWARD A NEW PARADIGM.
3-27-2014 Newshound Guru Stryker There seems to be a real force behind pushing Iraq Globally. With the Iraqi delegations meeting in Jordan a few days ago (3/24/2014) and the Statement by the IMF Mission at the Conclusion of a Staff Visit for Iraq that took place the very next day, something is brewing. As long as the IMF feels Iraq is ready to move Iraq to Article VIII and they have met all the Article IV requirements Iraq will have a tradable currency and the CBI can then move forward with currency reform and full accession will follow. The Article IV Consultation Report and Iraq's Full Accession can take place afterwards according to all the research I have done in the last several days. [post 2 of 2]
3-27-2014 Newshound Guru Stryker Everything looks to be moving towards the IMF Article IV consolidation and Article VIII compliance for Iraq and the 2014 Fiscal Year Budget Passage. Oh and Maliki sure looks to be on his way out as well! Article: "Sunday 30, 2014 the second reading of the budget bill for the Federal Republic of Iraq for the fiscal year of 2014." If they can discuss it and pass it on Monday they will still get it done in March, barely! [post 1 of 2....stay tuned]
3-27-2014 Newshound Guru Aggiedad77 Article: "Parliamentary economy bear the responsibility of the Central Bank of the fluctuation of the Iraqi dinar" A member of the Ministry of Economic and Investment recognizes that the CBI is exclusively responsible for monetary policy within Iraq...he also recognized that the security instability and constant bickering between political blocs is what affects the Iraqi dinar against other currencies...he is saying that the GOI needs to keep its hands off the CBI and let them do what they do best...the CBI will be taking other measures during the month ended (March) to stabilize the dinar.
3-27-2014 Newshound Guru American Contractor [When is it going to RV?] This is the number one question asked and to be honest I really don't know. All we can do is do our due diligence, watch what is going on in Iraq. Watch their actions, forget their policy...watch their actions. The World Bank, The IMF they don't even know. Nobody knows. You just have to watch and see what is happening.
3-27-2014 Intel Guru ScottiG [via dinardiamonds] hearing good things...the Bonds at $ 3.71 are to be out April 1st and Rv can happen any time before or at the same time. Article 8 done and forget the...newspaper articles coming out of Iraq as most of it is "SMOKE".
3-27-2014 Newshound Guru Millionday [has the budget been passed?] the budget is not in the gazette - they have a deadline of march 30th or it is to be done by majority on the 30th period.
3-27-2014 Newshound Guru American Contractor [Does Prime Minister Maliki own the media in Baghdad?] Prime Minister Maliki does not own any media in Iraq, but what he does he controls what the editors and media will be writing about. He has a staff that oversees all of the media and he does stay heavy handed against the media. He doesn't like some of the stuff that they write and he does have a great influence on what the medie is going to publish on a day to day basis. I have a media contact & he says that he does control what they say.
3-27-2014 Intel Guru TerryK Article: "Kurdistan Alliance attend Sunday reading the budget" SO, READING THE BUDGET THIS SUNDAY. WHAT DOES THAT TELL YOU? APRIL 1 LOOKING GOOD.
3-27-2014 Newshound Guru Adam Montana [How does Iraq keep buying high dollar goods without a money value other than a program rate...Seems to me that using the dinar and program rate suits them just fine as long as they can buy what they need...So what's their incentive to RV?] The current rate is allowing them to maintain stability, and it is working - thanks to the CBI's ability to maintain control. This same ability to maintain control is what gives me confidence that they will be successful in raising the rate when they choose to do so. Their incentives to RV are more than I can possibly put into writing at this time...
3-27-2014 Newshound Guru Millionday gradual growth economically...is what the IMF is looking for --- it is not how the rate of the dinar is going to come out -- the dinar MUST come out at a reality rate that is calculated and any other assumption just goes against global economics entirely --- imo of course...it may float after a rate is set.
3-27-2014 Newshound Guru American Contractor [When this reval's or RV will it matter if I have larger or smaller Iraq dinar banknotes?] I don't think it will matter if you have the larger or smaller banknotes. The CBI has stated that all of the notes are legal tender. It goes back to their bylaws. They printed it, it is legal tender until sometime in the future when they say it will no longer be used. 3-26-2014 Intel Guru Hub my contact that has the ny city currency broker, that has 3 imf investers, text my lady Sunday nite..."get your running shoes on"...dont know what that means, but it sounds good...he has said for several months, he sees this done, just activate it...so lets see what happens. let me tell you...what i think...iraq has to have a currency with a value...the economic situation in iraq has performed as it should, it is ready to take its place in world economy...so i personally think and this is my own personal educated guess, we are there, i would not be surprised, but very happy that this could happen tonight.
3-26-2014 Newshound/Intel Guru Eagle1 Although I've been unable to find a direct link to Christine Lagarde's comments, she is said to have stated yesterday that the Reset needs to be completed by or before April 1. I personally find April 1 to be a compelling date, and I've said to my friends, "This is not an April Fool's joke; this is an April Blessing!"
3-26-2014 Newshound Guru Adam Montana [How is the changing of the guard at CBI going to effect the chances of an RV? Some folks think it is so Maliki can plunder the reserves. What's your thoughts?] Interesting theory about Maliki "plundering the reserves"! But at the end of the day, there's only so much plundering Maliki can do - the eventual change in the value of the dinar is bigger than just one man or one agency.
3-26-14 Intel Guru EXOGEN IMHO, This is tied to the USA not wanting to lose POWER, ie 2010 IMF reforms. Then you have to add where is the Funding coming from to fund the RV. The funding is coming from all of the Gold moves you see and the Historical Bonds and other bonds. The rate on the Bonds has been locked at CME at $3.71 for close to 2 weeks now. The delays in Iraq are done in conjunction with the UST & IMF. But TIME is running out FAST. [post 1 of 2....stay tuned]
3-26-2014 Intel Guru TNT Tony Everyone is super confident, relaxed saying it's over, done, completed and just waiting for big reveal. There is a date but very few know it. I can say they have been told to be prepared. The call centers are manned and the currency exchange people there. Security is in place. All we can do is wait until they do it. We are stil looking at their time line in Iraq where they are saying that their economy will change on the 1st of April. Also, the UN operational rates change on the 31st or 1st. We are hearing that they don't care about the time of day. They don't care if it's sunlight, sunset, 12 noon, 12 at night. They are saying that everybody is ready and it could go at any moment.
3-26-2014 Newshound Guru tlm724 another reason is strengthening reserves, monetary gold that is in line with the current stage to strengthen Iraq's economy...amount of gold purchased during the month of March, about 36 tons of high purity. that is on top of what they already had. a portion of the gold was meant to go up for sale. "that the application of monetary policy tools to effectively reduce the dollarization of the economy." *hallelujah* that there is another instrument of monetary policy pursued by the central bank is setting up a basket of foreign currencies and reduce dependence on the dollar. [the only better than that is an r/v.] you are right there! reduce dependence on the dollar...they are dedollarizing people!! This is almost the last step!!! This is them showing us their hand as far as currency reform within the framework of monetary reform! Freaking awesome !! [post 2 of 2]
3-26-2014 Newshound Guru tlm724 "Gold the best guarantee for the stability of exchange rates" ...it is awesome to keep seeing articles about this! Iraq seems very proud of this as they should be! they are showing us some of their "new" monetary policy here that the application of monetary policy tools of the central bank. this gold has multiple purposes...the best one is this: "active manner that would enhance the value of the currency" *hallelujah* and of course to maintain the stability. [post 1 of 2....stay tuned]
3-26-2014 Newshound Guru Adam Montana Here's the latest: 1. MP expects budget to be DONE this week. 2. Kurdistan to be there for it. 3. Central Bank huge gold purchase. 4. World banks tells GOI to butt out. I think at this time, the budget is the biggest issue on Parliament's agenda, so we are going to see that done before anything else happens. If it's done this week as planned, be on the lookout for more news soon.
3-26-2014 Newshound Guru American Contractor [Is the Iraqi Dinar a scam?] It is not illegal to own to possess the Iraqi dinar. It is not a scam. [How do I go about cashing in my Iraq dinar?] Right now the only way to cash in your dinar is to go to a dinar dealer. When the new new Iraqi dinar gets issued will the U.S. banks take a new business approach and say "we will take you Iraqi dinar now", that's all speculation, nobody knows right now. But, now your only option is to go to a dinar dealer or sell it to someone else.
3-26-2014 Intel Guru TerryK JUST SENT TO ME BY A FRIEND: RV ON THE WAY. We have just been informed by the Chinese and IMF that all the requirements for the RV have been met. The world is eagerly awaiting the RV release. We have just been informed that some powerful forces behind the scenes including the UST were blocking this. THIS BLOCKAGE TO BE REMOVED TONIGHT AND RV IS? HOPEFULLY? IS ON THE WAY.
3-26-2014 Newshound Guru Millionday they are having a meeting in Jordan with all Central Bank delegation, oil ministers, members of IMF, world bank, finance, oil, legal, etc on article IV. the World Bank gave the go ahead about a year ago or less for the monetary policy. it isnt up to the gov at all -- the policies as they are complied with in all countries for inflationary tools and monetary policy has to be done with international compliance. Maliki gets a warning and stern...they must move forward and get the money rolling -- and with the right --RATE...all is frozen and time to get it going.
3-26-2014 Intel Guru Jester THE STUFF WE HAVE DISCUSSED ALONG THE WAY...IS ALL PART OF THE BIG PICTURE... AND WE HAVE BEEN SAYING BIG PICTURE OVER A YEAR NOW... LOTS OF INFORMATION HAS COME AND GONE... BUT IT HAS ALL BEEN PIECES OF THE PUZZLE THAT WE HAVE ASSEMBLED OVER THAT TIME... I DO NOT THINK THERE ARE THAT MANY PIECES LEFT TO PUT IN.
3-26-2014 Newshound Guru Kaperoni Article: "Araji: The World Bank warned the Iraqi government from interfering in the work of the Central Bank" ...this is not good news. The World Bank has been right in the trenches with the banks trying to get them ready for years and has stated on numerous times that the GOI (Maliki) interferes. [I guess all that's left for us to do is wait for April 30th. Hopefully, they won't keep us waiting too long to learn the outcome of the elections.] That is if they have them. The entire IHEC [Independent High Electoral Commission] resigned today.
3-26-2014 Newshound Guru American Contractor [When the new Iraqi dinar currency is issued do I have to exchange my Iraq dinar that I currently have?] When the CBI is getting ready to issue the new currency there will be an educational campaign in Iraq and in the world, press releases, pamphlets, brochures. You will have a big window, a 2, 3, 4 year window to exchange...I don't think there will be a big rush like everyone thinks it will be.
3-26-2014 Newshound Guru Aggiedad77 Article: "We are with approving the budget, but not at the expense of the Kurds" An MP from the Kurdistan Alliance spoke up and stated that the decision of the Kurds to begin flowing 100,000 barrels of oil per day is a good gesture...according to this individual the Kurdistan Alliance is ready to attend all Parliament sessions and approve the draft budget before the end of the current Parliament...but he also states that this budget should not be passed at the expense of the Kurdistan people. 3-25-2014 Intel Guru Delta The budget is done and has been read 2 times….Iraqiya TV says the third reading will be on Sunday.. so its possible it will be released in the 2 weeks following this. We absolutely can see a new rate before this…The budget does not have to be released to see a new rate. We are seeing an urgency in the GOI to have everything done and IMO Iraq is ready. We can see the new rate at any time, and keep your eyes on the CBI.
3-25-2014 Newshound Guru American Contractor [Will the Central Bank of Iraq issue just small denominations or will it be also larger denominations.] The CBI has mentioned printing a large dinar note like 50,000 or 100,000 note and they also mention coins also. So, nobody knows exactly what they are going to do. They say one thing and then they change their minds. It really doesn't make any sense. They could come out with a 50,000 & /or 100,000 notes along with lower denoms like we have here in the U.S.
3-25-2014 Newshound Guru Red Lily I DO BELIEVE...IRAQ MUST FOLLOW ALL OF THE OUTSTANDING ARTICLES TO "T" IN ORDER TO BE WELCOMED WITH OPEN ARMS INTO THE GLOBAL COMMUNITY OF BANKING AND FINANCE. IRAQ HAS MANY LAWS AND POLICIES THAT NEED TO PASSED AND APPLIED FOR THEM TO BE "UP TO PAR". IMO. THERE IS NO DOUBT IN MY OWN MIND THAT IN ORDER FOR IRAQ TO BE TAKEN SERIOUSLY, THE IMF WILL CONTROL THIS PROCESS. [post 2 of 2]
3-25-2014 Newshound Guru Red Lily Article: "Article IV: Obligations Regarding Exchange Arrangements" WE SEE THAT THE IMF OVERSEES EXCHANGE RATES. THIS LEADS ME TO BE OF THE OPINION THAT THE IMF WILL BE THE ONE TO GIVE IRAQ THE GREEN LIGHT "AFTER" IRAQ COMPLIES WITH ALL ARTICLES WITHIN THE IMF GLOBAL STANDARDS. THAT IS STRICTLY MY INTERPRETATION AND COMPREHENSION OF A WEALTH OF STUDY ON THIS SUBJECT. NOT JUST THIS ONE ARTICLE. [post 1 of 2....stay tuned]
3-25-2014 Intel Guru Frank26 We are seeing articles talking about the media blackout, and even the parliament banned the media from their meetings. This week there will be an IMF article 4 review to see if they qualify for international status. IMO, this is the last article 4 review they will have before going international. The first and only place to see the new rate announcement is at the CBI, IMO. The budget is done…first and second readings are done. There is a date and a rate…but we don’t know them. I feel very good about the information and where we are with the RV and the time to release the rate is very near.
3-25-2014 Intel Guru Blaino WE STILL HEAR THE GCR COULD DEVELOP WITHIN THE COMING WEEK! WE EXPECTED TO BE POSITIONED TO RELEASE SOME IMPORTANT AND PERTINENT INFORMATION ON SUNDAY EVENING, HOWEVER...ONCE AGAIN... OTHERS WITH AN AGENDA, POWER AND CONTROL ARE PULLING AWAY FROM WHAT MUST COME! RESISTING, CLINGING TO OLD AND OUTDATED SYSTEMS TO CONTROL THE MASSES, SYSTEMS THAT CRUMBLE EVER FASTER AS KNOWLEDGE OF WHAT HAS BEEN GOING ON SPREADS ACROSS THE WORLD. IT WILL COME, MUST COME, AND EACH TIME "THEY" TRY TO STOP IT OR DELAY IT (GCR) WE MOVE INEXORABLY TOWARD A NEW PARADIGM. SOME OF OUR INTEL PURPORTS A SOONER RATHER THAN LATER STANCE.
3-25-2014 Newshound Guru Kaperoni they did not have the Article IV Consultation yesterday as the CBI stated they were going to have. Now, we can look at why a staff visit? I have my thoughts that the CBI went there with intent to ask for permission to move to Article VIII (as part of Maliki's "initiative" to open the economy). This staff meeting clearly stated that the CBI is not in compliance and in fact reprimanded them for continued government interference. As well, it is clear that the CBI has not fully liberalized the foreign exchange market (per last year's Article IV Consultation) and the spread is still more than 2%...it is clear the CBI is not going to be allowed to move out of Article XIV before the elections. Sorry...but that not happening for a while.
3-25-2014 Newshound Guru American Contractor [I have 3 million Iraqi dinar. How much would that be worth after the new Iraq currency is issued?] When they finally release the new currency, nobody know what the exchange rate will be at that time. In order to do that they have to remove the inflationary notes that are in circulation right now & that has not yet been done at all. They have not even started that, so I have no idea what the exchange rate will be.
3-25-2014 Newshound Guru Aggiedad77 "Parliament resumes its sessions next Sunday the completion of the second reading of the budget" Parliament is on break it seems until this coming Sunday....at which time the second reading of the budget is supposed to take place.
3-25-2014 Newshound Guru American Contractor [Does the Global Currency Reset have anything to do with the Iraq dinar?] In my opinion the GCR has nothing to do with the IQD it has more to do with the USD, that's the petro dollar around the world when we talk about the Global Currency Reset. [In the local Iraq media they mention delete the zeroes. What does delete the zeroes really mean?] That means that they are going to print new currency. Nobody knows when that is going to happen.
3-25-2014 Intel Guru TerryK IRAQ EXTINGUISHED A LARGE PROPORTION OF ITS FOREIGN DEBT, NOW HOW DO U THINK THAT HAPPENED? ONE OF MY BUDDIES CALLED ME YESTERDAY AFTERNOON AND TOLD ME THAT EVERYTHING IS SIGNED OFF READY TO GO JUST WAITING ON IMF... I WAS TOLD YESTERDAY THAT WE SHOULD SEE THIS BY WEEKS END.
3-24-2014 Newshound Guru Shredd "Baghdad to accept the initiative of Erbil, on oil will re-draw expenditure in the budget to avoid deficit" Sure seems like we are getting closer to an implemented HCL. This is certainly notable progress.
3-25-2014 Intel/Newshound Guru Poppy3 we seem to have maliki trying to get the rv done now and...HE IS THE BEST AT WHAT HE DOES AND THAT IS PLAY POLITICS TO WIN AND HE WILL WIN AT ALL COSTS...GET READY FOR PAYDAY.
3-25-2014 Intel Guru Okie_Oil_Man THIS IS GOING TO BE ONE OF A FEW LAST POST'S I INTEND TO MAKE DUE TO THE INFORMATION RECEIVED RECENTLY. YOU SHOULD SEE AND HEAR OF MANY HISTORIC ACTIONS TAKING PLACE THIS WEEK. THESE ACTIONS ARE OVER AND ABOVE THE R/V... THE DETAILS OF THIS CHANGE SHOULD APPEAR THIS WEEK AS THE STORY OF THE CENTURY AND POSSIBLY THE STORY TO TOP ALL STORIES IN HISTORY. PAY ATTENTION TO THE NEWS THAT SHOULD BE BROADCAST THIS WEEK IN THIS NATION.--NOTHING MORE CAN BE SAID AT THIS TIME AWAITING THE ANNOUNCEMENTS FROM THE MEDIA.
3-25-2014 Newshound Gurus Bondlady & tlm724 Article: "Financial Parliament: the second reading of the budget on Tuesday" the second reading of the budget on Tuesday...maybe 3rd reading/vote on Sunday? never know and they are paying a boat load of people on 4/1 so maybe so. Article: "The first of next April launch date of the salaries of social welfare" middle of next week the date for the launch of the first installment for the current year for the salaries and benefits of social protection network...the people must be so excited, they have been without for way too long!
3-25-2014 Newshound Guru Kaperoni Last September we saw Maliki stand up and put in force the 2014-2017 economic development plan which is a market economy and you cannot have a market economy without a convertible currency in other words, the market economy will not work until the CBI transitions out of Article XIV to Article VIII. IMO, they are about to request from the IMF to leave Article XIV. [post 2 of 2]
3-25-2014 Newshound Guru Kaperoni So you have the MPs on TV saying it cannot wait till after elections...you have the CBI buying gold...basically in one month, they doubled their gold holdings...you have the CBI consultation back on (after it was postponed)...you have banks holding 3 zero notes...There is no logical explanation to not issue larger currency at the current exchange rate unless their is some plan to raise the exchange rate against foreign currencies soon...and Yasiri [He an MP and on finance committee] said...there is a tendency to launch the Prime Minister 's initiative...he backs what the IMF states...gradual appreciation. The IMF documents on exiting closed monetary policy exchange regime, to flexible exchange regime (float) stocking gold is important part. [post 1 of 2....stay tuned]
3-25-2014 Newshound Guru Red Lily Article: "Central Bank boosts reserves of gold bought 36 tons of pure gold" I WOULD THINK THEY PROBABLY NEED TO BUY MORE GOLD. AS MUCH TURMOIL THE COUNTRY IS IN THEY NEED TO HAVE SOMETHING TO BACK THEIR CURRENCY IN ORDER TO MOVE FORWARD WITH THE RE BUILDING OF THEIR INFRASTRUCTURE. IF THEY WOULD CEASE CIVIL WARS PERHAPS THEY COULD REALLY GET AHEAD. IN MY OPINION IRAQ DOES NOT HAVE A GOOD REPUTATION RIGHT NOW SO IT WOULD NOT SURPRISE ME THAT THEY ARE DOING THIS TO KEEP INVESTORS COMING INTO THE COUNTRY AND TO EXTEND THEIR LINE OF CREDIT WITH THE GLOBAL COMMUNITY. 3-24-2014 Intel Guru EXOGEN WHERE ARE WE NOW THAT THE IMF REFORMS DEBATE IS OVER...? SMOOTH SAILING!!!
3-24-2014 Newshound Guru Aggiedad77 "Central Bank boosts reserves of gold bought 36 tons of pure gold" Maybe one of the last acts by Turki before handing over the governorship of the CBI....purchasing 36 tons of gold to strengthen the financial capacity of the country and increase the elements of security and insurance reserves for the CBI...the CBI now has hard currency reserves in excess of 80 tons.
3-24-2014 Newshound Guru Stryker Stability is what Iraq needs and Maliki is the opposite of stability in my opinion. Let's just hope that Maliki has burned enough bridges that he can't win again and that someone with some real pride of Iraq comes to power...it's a CBI Monetary Reform Policy that will change the value of the dinar and is not up to Maliki to implement. His stall tactics I believe are starting to run dry too, IMO...Which is great for us dinar holders! [post 2 of 2]
3-24-2014 Newshound Guru Stryker [I wonder if they have an impeachment procedure in place to get rid of...Maliki?] It's called a parliamentary no-confidence vote and its been tried...The biggest issue that I see is who will run against Maliki that has the right stuff this time? If we can see the revaluation of the dinar before the election as announced on Iraqi TV as some have stated then we really don't care about who runs against Maliki... [post 1 of 2....stay tuned]
3-24-2014 Newshound Guru Millionday Article quote: "poverty alleviation strategy set by the ministry is working to reduce the level of poverty to 16 percent by the end of the current year of 2014." the minister of planning is expecting to be able to bring the poverty level down in Iraq to 16 percent by later this year... [With an RV, wouldn't that help huge with this issue?] it would help all the way around because they could expand in trade and production...they have a road to Europe (not done yet but started) and free zones set up and also the contracts from all around the world would get a fair price as we put it -- a reality rate for all products -- they are not listed on forex yet but their market is hooked -- everyday the money and opportunity they miss is ugly.
3-24-2014 Newshound Guru Shredd Article: "Central Bank buys 36 tons of high-purity gold bullion" that's roughly $1,668,699,648.00 USD. This is in preparation for a monetary policy change to support the exchange rate. Support? 1.6 Billion USD sounds more supportive of an increase in the value rather than stabilizing!
3-24-2014 Intel Guru TNT Tony All information tells us the arguing, chest bumping, etc. have concluded and everyone is on the same team now. It is supposed to be smooth sailing to the end. The banking people are in place and told any minute now...that's how close we are. The 800#'s have been released, but not issued to us yet. Many people are considering selling out...don't do it! You are so close to the end! It is totally in the IMF's hands. There is official date/time stamp that it'll be acknowledged...could happen at any moment. Nobody knows when it will go, they are keeping that info to themselves so it doesn't become an issue. Iraq is telling their people it'll change by April 1.
3-24-2014 Newshound Guru tlm724 Article: "Central Bank buys 36 tons of high-purity gold bullion" Quote: "to achieve an element of safety and safety in order to use the tools of monetary policy to stabilize the exchange rate of the dinar" the dinar, not the dollar! [Guru] BondLady said to me the other day we will be seeing more of the monetary policy come to light and she was right! Here is just a small look into achieving stability for the dinar! Turki is backing the dinar and imo it is too help ensure strong backing for a strong rate!
3-24-2014 Newshound Guru Aggiedad77 "Parliament: this week, the final deadline for the second reading" Once again Speaker Najafi takes things into his own hands and decides to extend to the end of this week the time frame for the Tripartite committee to find some agreement for Erbil and Baghdad...yet another delay tactic that he continues to pull...this man is not wanting to pass this budget for some reason.
3-24-2014 Intel/Newshound Guru Poppy3 EVEN IF THIS HAPPENS THEY ARE GOING TO RV FAST AFTER THE ELECTION FROM ALL THE FINANCIAL MOVES THEY ARE MAKING RIGHT NOW...LIKE PAYING 90% OF THEIR PARIS CLUB DEBT OFF. REMEMBER I WATCH THEIR ACTION AND CONSIDER THE NEWS BUT THEIR ACTIONS TELL THE TRUTH. [post 2 of 2]
3-24-2014 Intel/Newshound Guru Poppy3 THE ELECTION IS COMMING FAST...AND...MALIKI MUST HAVE FAVOR WITH THE PEOPLE FOR POLITICAL REASONS PERIOD. HE HASN'T EVER CARED ABOUT THE PEOPLE AND NOW HE IS TALKING ABOUT THEIR NEEDS. HE WILL DO ALL IN HIS POWER TO GET THE RV DONE...YOU CAN BET ON THAT. HOWEVER WE MUST PAY ATTENTION TO THE OTHER SIDE OF THAT COIN...THE KURDS AND OTHER TRIBE LEADERS KNOW AS WELL AS WE DO THAT MALIKI HAS TO WIN THE ELECTION AND THEY KNOW IF THEY NOW REVERSE THEIR STANCE AND HOLD THE RV FROM HIM HE CAN'T WIN THE ELECTION AND THERFORE THEY GET RID OF HIM ONCE AND FOR ALL. [post 1 of 2....stay tuned]
3-24-2014 Intel Guru TerryK I'M NOT GETTING MUCH THIS AM AND THE DANG IMF IS STILL HOLDING ACCORDING TO SOURCES. [so you feel after elections might be the best guess?] YEA, I DO. I THINK IMF IS SITTING ON THIS TILL THEN BUT WITH THAT SAID I LIKE THE FACT THE O [OBAMA] LEFT THE COUNTRY AND IS OVERSEAS BECAUSE I HAVE ALWAYS BEEN TOLD AND I DON'T KNOW WHY BUT HE WOULD BE OUT OF POCKET OUT OF COUNTRY WHEN THIS WENT DOWN.
3-24-2014 Newshound Guru RED LILY [do you think there is any possiblity that the elections come and go with no RV?] I hate answering those questions...but my answer is...YES...Hope I am wrong. [does it need to happen before the deadline in May?] it COULD happen anytime because we have NEVER seen anything like this before. I will not say definitively no. IMHO, it depends on laws that are passed per IMF and WORLD BANK compliance...which they have failed to do.
3-24-2014 Intel Guru Jester THE US CONTROLS THE REINS OF THE IMF BECAUSE THEY HAVE 17% OF THE SDR'S AND IT TAKES 85% MAJORITY OF THE SDR'S HELD BY EACH OF THE COUNTRIES HOLDING THEM...TO GET CERTAIN THINGS DONE...EVEN IF THE WHOLE WORLD WOULD LIKE TO DO SOMETHING IN THE IMF...THE US COULD KEEP IT FROM HAPPENING. 3-23-2014 Intel/Newshound Guru Poppy3 MAN, MUCH HAPPENING AND IT ALL INVOLVES THE FINANCES OF IRAQ AND THEIR FUTURE BOTH NOW WITH THE 2014 BUDGET AND THE FUTURE OF THE VALUE OF THE TRADE OF THEIR CURRENCY AND THE BONDS THAT HAVE A FACE VALUE ON THEM OF $3.71...WE ARE ON TOP OF MUCH HAPPENING AND I TRULY BELIEVE THE RV WILL BE PART OF ALL THIS ON THE FRONT END AND NOT THE BACKEND. ALL I CAN SAY IS ALL THE NEWS IS AWESOME AND SOLID AND STRONG IN FAVOR OF WHAT WE NEED TO BE DONE. IT JUST DOESN'T GET ANY BETTER UNLESS THEY JUST RELEASED THE RATE. [post 2 of 2]
3-23-2014 Intel/Newshound Guru Poppy3 TODAY WE SEE THEY HAVE NOW PAID BILLIONS OF THEIR DEBT OFF OF THE PARIS CLUB AGREEMENT IN PRINT AND NOT JUST RUMOR. LET ME SAY I FEEL POSITIVE ABOUT OUR INVESTMENT...TOTALLY CONVINCED AND ENCOURAGED, EXCITED, I AM READY...NOT SINCE LAST JUNE HAVE WE HAD SO MUCH SOLID POSITIVE INFORMATION AND THIS IS THE FIRST TRUE MAJOR DEADLINE WE HAVE EVER HAD WITH THE DFI FUNDS PROTECTION EXPIRING AGAIN AND THE ELECTION CLOSING IN AND POSSIBLY MALIKI'S REMOVAL AND A NEW GOVERNOR OF THE CBI. [post 1 of 2....stay tuned]
3-23-2014 Intel Guru TerryK IM HEARING THE IMF IS STALLING THIS TO SEE WHAT COMES OUT OF THE ELECTIONS BUT I DON'T KNOW WHY. BUT HAVE HEARD THAT CHINA IS PUSHING THIS HARD TO BE DONE BY THE END OF THIS MONTH. IM HEARING AGAIN A HIGH RATE LIKE 22.18 CAME OUT OF THIS PERSONS MOUTH. THAT'S IF M [MALIKI] DOES NOT WIN. THIS PAST WEEK A LOT OF SOURCES HAVE BEEN SCRATCHING THEIR HEADS WONDERING WHY IT HAS NOT HAPPENED YET.
3-23-2014 Newshound Guru Millionday [I keep hearing it will RV when we have HCL. what needs to happen to finalize HCL?] the hcl will be in place -- we have read that it is also done -- not activated -- the one thing i have always said is that all will be at the same time and therefore the thing that needs to get done is the steps that are to be done to raise the value and the rates that were announced by CBI.
3-23-2014 Intel Guru Mnt Goat In reality...the budget had been passed, completed and signed off weeks ago. Then it was just waiting in the wings for the IMF and the USA to give them the go ahead. This week I believe the go ahead was given to Iraq. Actually it was given to them last weekend. So the RV has been stalled for many months now and Iraq was just given the word to go ahead this week and so they are now allowed to implement the much needed laws that have been held up regarding their new currency value. I think we will see the RV very shortly. [post 2 of 2]
3-23-2014 Intel Guru Mnt Goat There is strong evidence to suggest that Iraq has been playing a hide and seek game with the budget law. Why would they do this? ...they have to save face with the Iraq people. Thus the hold up of the RV by outside sources has caused Iraq to subsequently then have to stall in moving forward with their budget implementation. This effects the implementation of many other laws too. ...the RV is driving the budget not the other way around... we have been told all along over and over again that all of a sudden the implementation of the laws connected to the revaluation of the IQD would hit us all of sudden and catch us off guard. Well I strongly believe this is now happening. [post 1 of 2....stay tuned]
3-23-2014 Newshound Guru Millionday [to begin oil exports of 100,000 barrels-per day, do they need the reality rate?] no but this is part of the agreement to move forward with budget and contracts etc. you see the kurds were set in concrete so to speak on all issues without movement on what they want with oil proceeds so they were stuck -- now everyone -- the kurds, Iraq, the UN and the US etc. are all excited over the movement of progress that will come from agreement and so are we.
3-23-2014 Newshound Guru Red Lily ALL THAT IS IN PLACE NOW IS AN INTERIM AGREEMENT IN ORDER TO PASS THE BUDGET OF 2014. IT HAS TO BE SUPPORTED BY THE IMF AND WORLD BANK TO BE GLOBALLY LEGITIMATE INCREASE IN RATE.
3-23-2014 Newshound Guru Kaperoni Article: "Secretariat of the Council of Ministers: untrue to pull out of the hands of Turkish Central Bank administration" ...clarification from our Arabic translator on this article..."It says that Dr. Abdul Basit Turki mandate ends soon but a new appointment (that may be Basit again) will take place as dictated by the bank's and other written laws. So it's really up in the air - he is not resigning and he may get appointed again."
3-23-2014 Intel Guru Fisherman1 We are in the best position this time that we have ever been in and it is backed up by intel that I have personally verified. iF SOMETHING DRASTIC DOES NOT HAPPEN AND IT WILL NOT THIS TIME, WE WILL ALL BE IN THE BANKS NEXT WEEK, PERSONALLY I AM LOOKING FOR IT NO LATER THAN MONDAY OR BEFORE
3-23-2014 Newshound Guru Millionday [do you think they will Rv before the april 1 agreement or does it matter?] i think that all of the things we are seeing get done or announced as moving forward in a hurry tell us that the economic side of it (reform) is a must. i dont have a date but it seems they are hurrying to fulfill what they had said initially --- 2014.
3-23-2014 Newshound/Intel Guru BGG Maliki just put (or will soon) put his guy in charge at the CBI. It appears he needs his hands on the financial levers of Iraq. Now ask yourself why??
3-23-2014 Newshound Guru Red Lily ARTICLE: "UNAMI welcomes the decision of the Kurdistan on the export of oil and declares its readiness to assist in approving the budget" HOWEVER VAGUE, AND I MEAN "VAGUE", this almost sounds like progress is being made as it relates to Article 140 & oil and gas law. Quote: "this decision is the result of the first of the continuing negotiations between the delegations of the federal government and the province." Its not over yet... NEVERTHELESS it is FORWARD MOVEMENT IMO. It is my opinion this is an interim agreement in order to get the budget out of the way so they can move forward economically.
3-23-2014 Intel Guru TD (SO IS TURKI IN OR OUT ?) According to info learned as of today, Saturday, he is still governor and will finish his term. Yes, Maliki again tried getting his hand in the cookie jar. He has wanted oversight of the autonomous CBI forever. Maliki is scrambling to pull out a rabbit out of the hat and gain re-election. There will other political attempts before end of April. What He and his colleague Erdogan (of Turkey) are now MOST petrified of is losing power and then being faced with corruption investigations. There will be NO movement on government agendas, laws. reforms, etc. by the opposition parties till elections are over in both countries. While it will be "dead time" in that respect it will certainly be most interesting to see what does unfold.
3-23-2014 Intel Guru Jester WELL I'D LOVE TO TELL YOU SOMETHING NEW AND IMPROVED BUT IT IS STILL IN THE PROCESS AND I KNOW NO ONE WILL LIKE TO HEAR THAT BUT THE FACTS REMAIN THAT IT IS UNDERWAY AND MOVING ALONG...THE BIG PICTURE IS A TAPESTRY THAT WILL HANG OVER THE WORLD FOR YEARS TO COME...AND IT IS BEING WOVEN NOW. 3-22-2014 Newshound Guru Kaperoni [define the value of a point] when countries exist from a closed exchange regime, to a new exchange regime...its some kind of float. it will just move over at 1166 and rise from there but if it is way undervalued as so many say, it should have some sort of correction and rise quickly to some point. what that is, i dont know. its all relative to supply and demand and where Iraq's economy is. one thing for sure, i think the dinar will be heavely traded once it comes out which will drive up its value...once the dinar is convertible, it will open the gates.
3-22-2014 Newshound Guru Kaperoni [I talk to several people...and they think you are right about the float but all of them think it will start at a higher rate do you think thats possible?] i think it will start low, but if it undervalued as they say, it should rise at least to a point quickly within weeks so who cares right? They just need to get to Article VIII and let the rest take care of itself.
3-22-2014 Newshound Guru wmawhite [Do you think once they read the 2nd reading [budget] on Tuesday, do you think the vote will follow soon after?] i expect it next week...later in the week. remember...the budget in itself doesn't bring a change in the IQD...that will come from the CBI.
3-22-2014 Newshound Guru Millionday [so the budget is just more progress for iraq and to allow provinces to spend right and maybe not to increase the iqd's value? seems many are thinking the finished budget gets them off this ride?] i dont believe it does except i believe that the passing of it with the contracts and everything the first of april shows us that we are close to all being done at the same time.
3-22-2014 Newshound Guru Aggiedad77 Article: "Baghdad welcomes the resumption of Arbil export oil through the "Sumo" and Washington welcomes the decision" Baghdad is happy that the Kurds will begin to export oil in April through SOMO....and that revenues will be deposited into the DFI...to be distributed according to the federal budget...Barzani stressed that what they are doing is meant as a goodwill gesture towards a future agreement with Baghdad...this comes at a time that the US was putting some pressure on the region to resume oil exports...although no agreement between Baghdad and the Kurds has been reached...the US will continue to serve as a neutral intermediary between the two.
3-22-2014 Intel Guru EXOGEN Per conversation Arbil is completed and goes into effect in Iraq on April 1st at rate of $3.71 in country. Arbil has been signed by all 3 parties. General Public exchange can take place anytime before April 1st if all goes as planned. GCR azimuth angle, guidance, and resolution on direct course for target and selected date. Misinformation at maximum level and pending announcements from JL [Jack Lew] and CL [Christine Legarde] forthcoming.
3-22-2014 Newshound Guru Kaperoni This is from Al-Iraqiya TV (State owned media outlet – very ‘pro-Maliki’ “They said the CBI is to be commended for the stability in the exchange rate of the Dinar to the Dollar – but was for the policy short term. It is time to take the necessary steps to reevaluate the Dinar and implement the project to delete the 000’s without delay”.
3-22-2014 Newshound Guru Red Lily IRAQ STILL HAS A SECOND READING TO DO ON THE BUDGET AND MAKE ANY CHANGES AND REVISIONS. ONLY AFTER THE SECOND READING CAN THE BUDGET LAW BE VOTED ON AND PASSED...IT SEEMS MALIKI DOES NOT HAVE A LEG TO STAND ON WHEN IT COMES TO SPENDING THE BUDGET PRIOR TO APPROVAL.
3-22-2014 Newshound Guru wmawhite [whats your opinion on the possibility of change at the CBI?] turki is leaving on his own going to the World Bank...has wanted to for some time...the Secretarate General of the CoM will become the Governor of the CBI...IMO.
3-22-2014 Newshound Guru Millionday Article: "Deputy Prime Minister for Energy Hussain al-Shahristani, the decision of the government of the Kurdistan region of Iraq to start exporting Iraqi oil product from the region via the company 'Sumo'. " so what we have is an agreement - kurds have argeed to export through SUMO. [Is that related to hcl?] yes, that is related to everything --- sumo-budget-and the hcl being put in place. so that is the final agreement between gov -- and they are able to move on to all other things.
3-22-2014 Newshound Guru Kaperoni there was a temp agreement with the kurds to pump 100k oil per day while they negotiate the export agreement. i am hopeful they will come to parliament and start passing laws. if they do, i can see some changes but they need to pass those economic laws. [post 2 of 2]
3-22-2014 Newshound Guru Kaperoni the last few weeks several MPs are talking to the CBI...putting pressure on to get it done...A group representing several political blocs said that monetary policy has to be addressed even before the elections at the end of next month. we shall see. [Elections April 30 correct?] yes. [post 1 of 2....stay tuned]
3-22-2014 Newshound Guru Aggiedad77 Article: "Secretariat of the Cabinet denies pulling the hands of the Turkish Central Bank Governing" So Turki is not being pushed out, but leaving to do some work it sounds like with the World Bank...and maybe in conjunction with the CBI...interesting...his CBI assignment is basically over...remember he was there as an interim governor from the beginning.
3-22-2014 Intel Guru EXOGEN THE LAST PUZZLE PIECE IN CONJUNCTION WITH THE U.S.T. & I.M.F. IS NOW IN PLACE AS OF TODAY [FRIDAY].
3-22-2014 Intel Guru Frank26 [I was thinking about Kurdistan exporting their oil according to Baghdad's wishes (soma). With Kurdistan doing this as a good will gesture, what will Baghdad give in return? Budget implementation?] IMO...The budget is done. IMO...For actions there can be an equal or greater reaction. IMO...Kurds got THINGS that will never be revealed to the world. IMO...M [Maliki] gave them A LOT because he was told to please the favorite son...And the son ran with it. [The magic question is why won't or why haven't "they" released the rate-yet. Must be timing-political. The election is april 30. mailiki would look like a hero if it is done shortly.] It now a political action. 3-21-2014 Newshound Guru Bondlady Article: "Iraq extinguish a large proportion of its foreign debt Is a good indicator within the rankings" paying off their debts increases their credit rating which is a huge thing globally...less lawsuits against the DFI fund. imo, I don't think they will ask for protection this time with them paying so much off - think they just may take control of their DFI and their destiny...good chance of it, imo.
3-21-2014 Newshound Guru tlm724 Article quote: "general framework agreement, the United States notes the progress that has been made in recent months including general principles that would allow for all Iraqis to benefit fairly and equitably from anticipated increases in oil production and export." there we go, the HCL! with the people getting their fair share too! awesome news indeed! It's been years in the works! US has had their hands in it too acting as arbitrator!
3-21-2014 Intel Gurus TNT Tony & DC Everything is superfantastic right now...excited...wouldn't be that way if everything we fought for wasn't being told to me we were gonna get. Not everyone will get the high rate but they are telling me that we will all be treated fairly and that is what matters. There are still peeps trying to stop it from happening. I'm going to read from an article out of an Iraqi newspaper that fits with info we've received. "Kurdistan oil revenues will be distributed on basis of federal budget effective June 21, 2014." This is important because Kurdistan's budget was not going to go into effect until the RV occurs. They were not going to release the oil. This is huge indicator. All agreements are now in place, oil , salaries effective April 1st. Completely done and ratified is the news coming out of Iraq today. Bottom line we are imminently close.
3-21-2014 Intel/Newshound Guru Poppy3 The Turki situation - I still don't know if I believe that this is true. He has followed Maliki's every step and every request that he has asked him to do. Why would Maliki want to get rid of him? We have had the IMF, World Bank, the Bank of International Settlements and the UST want to get this RV done as bad as you and I and Turki wouldn't pull the trigger. I believe that he is caught in a catch 22. He can't win on an International level or and Iraqi level. If Maliki is fighting to get this RV done, we have the best manipulator there is and he is working for us now! LOL
3-21-2014 Newshound/Intel Guru BGG Maliki needs someone in there now that will do his bidding for him. I believe it's happening, we just don't know the time frame, but it makes Maliki look really desperate. It is my speculation if this CBI move was geared around pro currency reform, pro votes, pro Maliki then he will do it later in the election cycle which is only 10 days away from really starting, supposedly April 1. [post 2 of 2]
3-21-2014 Newshound/Intel Guru BGG I still have reservations that Maliki getting rid of Turki is real. There still seems to be a lot of moving parts to this thing & I don't know if they have really decided to do this or not. Turki doing everything that Maliki has wanted him to do may or may not be entirely correct. I'm somewhere on the middle on this. I think that he has been a useful tool to Maliki. He may not have done everything that Maliki has wanted but hasn't hurt him either...he hasn't been "in your face" like Shabibi was. [post 1 of 2....stay tuned]
3-21-2014 Intel/Newshound Guru Poppy3 I received a call telling me that Christine Legarde and Jack Lew, 2 top people in world finance are supposed to have a nationwide broadcast between now and the 1st of April. What would these 2 be announcing to the world on all networks?
3-21-2014 Intel Guru EXOGEN HOT OFF THE PRESS!!! Washington welcomes the announcement of Arbil, the export of oil and confirm the continuing role of mediator "neutral" for a settlement with Baghdad. RED CHAMPAGNE NOW BACK ON ICE!!!
3-20-2014 Newshound Guru Kaperoni Article: "Banking strategy" Quote: "...the public banking sector is undergoing a restructuring required to stand at the most important stages of global development, which can be hired to serve the local monetary sector." it...sounds good for sure. Clearly, while the politics stink in Iraq, these reforms continue.
3-20-2014 Newshound Guru Red Lily Hopefully getting closer to seeing Malikis demise. They are talking a lot about getting them up to speed in their laws as it relates to the GLOBAL FORUM...of course theyve been talking about that for a while..but I AM SEEING MORE AND MORE OF IT... as long as we are moving FORWARD.
3-20-2014 Newshound Guru Aggiedad77 Article: "Deputy for Maliki's coalition reveals America to provide proposals to contain the crisis, Baghdad and Erbil" The US has stepped up to the mediation table and may have an answer that is agreeable to both the Kurds and Baghdad according to an MP of the State Law coalition...this is good news if it can be trusted...they are now looking at possibly next Tuesday as a Parliament session with the budget back on the agenda for the second reading.
3-20-2014 Intel Guru Mnt Goat All news is so good right now we might see this GCR and best of all finally the grand ending, the ending we all have been waiting for so long. Hang in there and stay calm! It is coming to us shortly. There is enormous pressure from everyone involved to see this GCR through to conclusion and do it now.
3-20-2014 Newshound Guru Kaperoni Article: "State law confirms that the al-Maliki set Keywords director of the Central Bank and prepared able to run the office" ...Maliki would have no other reason to remove Turki than to stop the constant banter of changing the currency and increasing the value. He time and time again interferes in monetary policy despite the IMF and WB telling him otherwise. I just wonder how he expects to move to a market economy without making the dinar convertible? I ain’t happening. He clearly has come out in support of a market economy, announced the implementation of the 2014-2017 Economic Development Plan so holding the dinar back makes no sense.
3-20-2014 Intel Guru TNT Tony Everything is progressing towards our goal. There was a minor or major hiccup last night, depending on how you want to look at it. Either way, it is resolved and over with. This morning I have received nothing but positive news. Things are being finalized as I write this. I am really, really, really feeling SUPERFANTASTIC at this moment and looking to get better.
3-20-2014 Intel Guru EXOGEN Article quote: "MP for the coalition of state law gum honest decision by Prime Minister Nuri al-Maliki to withdraw the hand of Abdul-Basit Turki administration of the central bank and the appointment of the secretary-general of the Council of Ministers on the Keywords instead of him..." HOT OFF THE PRESS: TURKI IS NO LONGER THE GOVERNOR OF THE CENTRAL BANK OF IRAQ.
3-20-2014 Intel Guru Frank26 [how does this fit into the plan, New CBI Governor?] A command of control is being established because, IMO, A major move is about to occur within the IQD.
3-20-2014 Intel Guru Bluwolf All past intents to obstruct this process for a lengthy amount of time has been cut short by the people who are watching out for the world’s best interest and ours. While with each intent there seems to some new demands, these excuses are now being cornered and they will in a matter of hours or days meet there deaths, for the Global Currency Reset is now a imminent go and cannot and will not be stopped by any. Everything is still intact and all are in position to execute this RV as soon as the administrator gives the official go. Imo we are within hours from receiving these blessings ( second, minutes, hours, days) please be aware and on alert.
3-20-2014 Intel Guru Delta SAY BYE BYE TO TURKI! [is that from Iraqia tv or your opinion?] YES...YOU WILL SEE IT IN ARTICLES IN 2HRS OR LESS. [this guy was appointed by Maliki ...Is this a good move?] YES...IF MALIKI IS HAPPY THEN IT'S A GOOD THING. [how does this effect the RI/RV? Good/bad, postpone?] NO EFFECT. WE DO BELIEVE THAT THE DATE AND RATE ARE ALREADY SET! THIS MAN IS VERY SMART AND WAY BETTER THAN TURKI.
3-20-2014 Intel/Newshound Guru Poppy3 WE ARE HEARING LOTS OF GREAT STUFF FROM EVERY DIRECTION. HOPE ALL THIS COMES TO PASS AND WE STAND TO BE VERY BLESSED WITHIN THE NEXT FEW DAYS. I FEEL LIKE THE NEXT 10 DAYS ARE PRIME TIME. I AM FOR THE FIRST TIME IN SEVERAL MONTHS GETTING VERY EXCITED.
3-20-2014 Newshound Guru Millionday [Since the budget has had it's second reading, when will it be voted on?] i am not sure -- i find that the important amendments have been addressed and they still have issues they are working on with oil proceeds but this does not stop what CBI is doing with rates and the raise of the dinar so we will have to watch for the vote etc -- the thing that makes me happy is the extension is may 22nd for fund protection -- that means they are hurrying for a reason and the trade coming etc shows us that we are on top of the economic and monetary reform. 3-19-2014 Newshound Guru Adam Montana With any luck, this is the "quiet before the storm"... it certainly appears that we have a solid foundation, and I don't see any reason to doubt good news is coming soon.
3-19-2014 Newshound Guru Enorrste What does he gain prior to the election by putting his own man in the CBI? One possible answer is that he could begin the float... I'm not convinced that this is his primary objective now, or even his objective at all...In fact, an argument could be made that Maliki likes a weak dinar so that his opposition cannot fund a strong counter-campaign against him. ...there is little we can do but speculate and it is probably wisest to "let it come to us." Having said that, however, this could very well jeopardize our investment. Maliki is a wild card, in my view, and if he gets control of the CBI all bets may be off. We just don't know. [post 2 of 2]
3-19-2014 Newshound Guru Enorrste Article: "Maliki is determined to set his party leadership Keywords governor of the Central Bank" The COM appointed Turki as a "temporary" head of the CBI. Therefore it is my view that he can be removed/replaced with a permanent appointment. Maliki had him appointed because he thought that he would do what Maliki wanted. That turned out no to be the case. In fact, it appears that Turki is following IMF directions rather than Maliki. [post 1 of 2....stay tuned]
3-19-2014 Intel Guru Mnt Goat Much of the budget is tied to reconstruction and the RV. So now once again they stall by telling the people that they are going to have the first reading on 3/18, then this too is postponed. How many first readings are they going to have on the budget? Are you going to believe all these phony articles they are now publishing? The fact is all the readings have been done and the budget is passed and is just waiting in the wings for full implementation, once the GCR occurs. [post 2 of 2]
3-19-2014 Intel Guru Mnt Goat From everything I am hearing the Iraq budget is completed and signed off by all parties. It is waiting in the wings for publication in the gazette, this should have taken place last week. This did not occur. They are stalling this cause they do not yet have the GCR. We know that once it is published it will become official and fully implemented. So without the GCR happening how could they open the budget and begin spending the money at the new rate? [post 1 of 2....stay tuned]
3-19-2014 Newshound Guru Adam Montana [What will happen if the Kurds do NOT agree to the budget and it is passed without their votes?] that's a GREAT question! It actually ties in nicely with the stories about certain regions talking about seceding from Iraq. Baghdad does not want to lose the Kurdistan area, but they won't continue to delay forward progress just because the Kurds refuse to come to an agreement. What I see happening is this: 1. Budget passed regardless of Kurdish approval. 2. Kurds throw a tantrum and threaten to leave. 3. Dinar RVs. 4. Kurds forget they were mad. 5. Everyone celebrates. 6. Everyone wakes up next day and starts bickering again. 7. So what, we cashed out.
3-19-2014 Newshound Guru Kaperoni Those who were hopeful that laws would get passed before parliaments recess...well today Nujaifi adjourned until further notice.
3-19-2014 Newshound Guru Aggiedad77 Article: "Rejection of official and popular decision to prevent coverage of the Iraqi parliament session for the budget." The governor of Babylon expressed dissatisfaction that Speaker Najafi would not allow the al-Iraqiya TV channel to broadcast the reading of the budget live from Parliament.....stating that this definitely affects transparency of the government to the people. Other provincial governments also expressed concern.
3-19-2014 Newshound Guru Adam Montana [when this 'opportunity' first began, I understand that the people who were first on board have just about doubled their investment...However, since I got here 5 years ago, the price has been pretty constant. My question is : Could that initial jump be THE RV?] I have to say "absolutely not". True, the exchange rate has only moved a couple pips over the last few years. In my opinion, that's because when it moves, it's going to move a LOT.
3-19-2014 Newshound Guru Millionday Article: "The Central Government and Kurdistan Region have reached a compromise over exporting the oil and endorsing the Budget." Quote: "The two sides agreed upon endorsing the General Budget next week after settling the disputes over it," so we should have a formal announcement of finally having a finish of the resolve...huge and great news.
3-19-2014 Intel Guru Frank26 many things are waiting on the rate…and the third batch of Bonds are waiting as well! The “smoke” articles are to make the GOI look busy as elections are coming up next month, and they need the citizens to think they are busy doing important stuff….IMO, It's just for appearance and they are waiting on the new rate just like us. IMO, the USA is in charge and working through the IMF...13 or fewer people only know the date and rate… the RV...it’s a political decision now...just wait for it. I-Team Reported that everything is DONE. It can happen at any time. [post 2 of 2]
3-19-2014 Intel Guru Frank26 [via anonymous] [Regarding the issue with Russia...Does it have any impact on the Monetary Reform and the IQD?] No. [What about the impact to Global Currencies?] Yes, It can have an impact...Russia can impact Global Currency Markets…but, they are not part of the coalition or the Monetary reform…In fact, Russia needs the MR as much as everyone else. [post 1 of 2....stay tuned]
3-19-2014 Intel Guru Mnt Goat ...they (the Iraq GOI and the parliament) must save face and demonstrate to the people that they are still in charge of their government. They are stalling for time. The real truth is however they are not in control and this stalling will continue until the USA and the IMF stop playing puppet with Iraq and let them have their currency go international. This is now in the desperate stages since Iraq’s economy needs this to happen and to happen as of yesterday. I am telling you this RV has already occurred and has an official date of December 1, 2013. We are just awaiting the completion of the rollout to the exchanges and the general public. The final process of the rollout is a matter of timing.
3-19-2014 Newshound Guru Adam Montana A nice reminder that US protection of Iraqi funds is once again coming up. This could be a tipping point for us - last year at this time, Chapter 7 sanctions were still in place. It's always been my opinion that those particular sanctions were a major component in this ride... well, as of last June, those sanctions were lifted and Iraq has MUCH less chance of playing the same cards they've been playing for so long. Delay in budget related to exchange rate: "... will lead to a problem in the Iraqi street against politicians and members of the House of Representatives..." That's right, GOI - problems are coming if you don't fix this! Lucky for us dinarians, elections force politicians to take big measures, and the value of the Dinar IS a big deal.
3-18-2014 Intel Guru TD (Is Kurdistan possibly breaking away from Iraq still possible & what are the consequences?) ...the Kurds have basically decided that if Maliki steals away elections that they will break away. And yes it's HUGE because of immediate instability it will create shock waves throughout the nation as well as a HUGE concern for foreign investors. In addition other factions like Sadr are waiting for any opportunity for break as well. Uncertainty will prevail, the CBI will become paralyzed and no body's like the IMF, WTO will entertain any approvals. The NEXT MONTH is "dead time" and a Nation's status is on life support mode till after the elections on whether Iraq will make any progress this year. [post 2 of 2]
3-18-2014 Intel Guru TD here's some intel I've just received: Daily calls for imminent RV status continues by many BUT fresh news I've obtained clearly indicates otherwise. In fact, most "EVERYTHING" is on "STANDBY/CANCELLED: status as we are now a month away from elections. "No media allowed" for recent parliamentary sessions was to veil the enormous division mounting between political parties seeking to gain power. [post 1 of 2....stay tuned]
3-19-2014 Newshound/Intel Guru Dinar Daddy I’ve done almost a 180 in my hopes, though I’ve always known I’d make a nice return on this speculative play. I’m cautiously hopeful that what I’ve dreamed about for myself, my family, my friends...over the past five or so years may actually finally come true. I’m once again optimistic! ...what I’ve shared in this post is all speculation. I’ve shared because I have tremendous hope and I couldn’t contain it. I just want you all to be aware and alert. [post 3 of 3]
3-19-2014 Newshound/Intel Guru Dinar Daddy I don’t want to give a timeline for anything but I’m hopeful between now and the end of April that we may have a few real answers. The skeptical side of me wants to hedge my bet through the end of the year and maybe even longer just to be safe. The hopeful side of me wants to scream specifics. Now with this, I’m hoping you can read between the lines, be aware, stand at the ready, keep your expectations in line, and wait. It’s amazing what can happen over the course of a 30 minute conversation to change a perspective. [post 2 of 3....stay tuned]
3-19-2014 Newshound/Intel Guru Dinar Daddy I heard some really positive news today! This is the best I’ve felt about the reinstatement of the Iraqi Dinar into the international community of global currencies in quite some time. The reinstatement of Iraq’s currency is imminent (1 day or 1 year…hearing by the end of April)... Iraq’s currency will be brought back in with the rest of the world and it will increase in value. It HAS to! Iraq is one of the wealthiest countries on the planet... Rates, Dates, Amounts, Hows, Whats, and Whys are known by NO ONE outside those who are involved. Those who call the shots don’t reveal their information because of who they are. [post 1 of 3....stay tuned]
3-19-2014 Newshound Guru wmawhite [do you feel this will happen during this month or after the elections?] IMO...still prior to the elections...however, the Finance Committee stated last year that there would be a significant change in value of the IQD BY...BY June 2014...eitherway, it will happen...
3-19-2014 Newshound Guru Med [If Kurdistan breaks away from Iraq, what are our chances for the IQD to still revalue? Wouldn't the Kurds do their own money?] SEE I DONT THINK IT WILL BREAK AWAY...BUT IF IT DID...IT POSES PROBLEMS FOR IRAQ...BUT NO MORE THAN THEY ALREADY HAVE...SINCE KURDISTAN IS ALREADY MOSTLY AUTONOMOUS OF ITS LOWER BIG BROTHER...THE SAME ISSUES THAT ARE HOLDING BACK THE GOVT NOW STILL ARE THE ONES THEY HAVE TO OVERCOME TO REVALUE. 3-18-2014 Newshound Guru wmawhite [this news of a contractual resolution on the export of oil and budget consensus is very encouraging.] for the Kurds to announce, IMO...outstanding! it will take a lot to move the Kurds off of center...for them to even appear cooperative they must have received something they truly wanted...also, if there truly is an agreement/contract in place, this opens up the possibility of the budget being voted on. a lot of people think when they are saying money they are talking dinar but its really petro dollars...oil is traded worldwide with the dollar. Iraq has to convert those dollars into IQD...however, if they enter the world market with the IQD at 1166 they will go broke very quickly.
3-18-2014 Intel/Newshound Guru Poppy3 I WILL BE TOTALLY SHOCKED IF MALIKI REMOVES TURKI. HE HAS FOLLOWED MALIKI'S INSTRUCTIONS AND GONE AGAINST THE IMF FOR MONTHS. NOW TURKI MAY NOT WANT TO PLACE THE VALUE THAT MALIKI WANTS ON THE CURRENCY BECAUSE HE HAS BEEN TOLD HE CAN'T AND SUSTAIN IT ON THE INTERNATIONAL LEVEL.
3-18-2014 Newshound Guru tlm724 Article: "Coin and raise the value of the dinar traded between inflation prevents citizens" Quote: "The coin will have an important role and is effective in raising the value of the Iraqi dinar." the only way the coin will work is to remove the 3 zeros and add value to it, period!
3-18-2014 Newshound Guru Millionday a committee is being created to work the budget and also the un report from UNSC is coming out on the 27th by [Ban Ki] MOON and the US will hold the funds until may 22nd by extension of dfi -- unless it is appealed.
3-18-2014 Newshound Guru Stryker [Does the Iraqi dinar need to be a convertible currency for full accession into the World Trade Organization (WTO)?] My answer would be yes, it does need to be convertible and tradable internationally or at least with the other members of the WTO before accession into the WTO. Another must is that Iraq or any other country looking for accession into the WTO must have no restrictions on their currency according to Article VIII of the IMF Articles of Agreement and all countries acceded by the WTO must agree to this IMF article. [Is this the year we will see the Iraqi dinar achieve a form of convertibility?] I will answer yes as long as they can get a few more laws passed that is required by the WTO and gain Article VIII compliance by the IMF.
3-18-2014 Newshound/Intel Guru BGG Article: "Breaking News …Baghdad, Erbil reach agreement over exporting oil, endorsing Budget" Quote: "The Central Government and Kurdistan Region have reached a compromise over exporting the oil and endorsing the Budget. An informed source stated to All Iraq News Agency (AIN) "KR agreed upon exporting its oil thought SOMO Oil Company where the official announcement of the agreement will be within two days." "The two sides agreed upon endorsing the General Budget next week after settling the disputes over it," the source concluded."
3-18-2014 Intel Guru Bluwolf Let it be known that the plan still is in motion and that there are no changes in the plan. We are still on high alert even though some high rollers...are trying to harm LEGACY for the last time. I was informed that the Global Currency Reset will transpire no matter what. The voice from Washington is conducent and strong and the go has been given and the goal is now imminent and will be achieved briefly, maybe as we speak.
3-18-2014 Intel Guru Frank26 [via anonymous] the Monetary Reform of Iraq is in the US’s hands and Iraq and GOI is just trying to look busy….like they are in control//the GOI is just doing what they are told to do. ...the new rate can be released at any time.
3-18-2014 Newshound Guru Red Lily Article quote: "Adel Al-Lami said "morning," the completion of the first phase of the project, which came up with recommendations on important areas of economic expansion, business, building permits, import and export, indicating that the recommendations submitted to the Government and it is hoped that it will be implemented" MORE FOCUS ON "LAWS OF SUBSTANCE" THAT WILL "INCREASE IRAQ'S GDP" THIS IS GREAT NEWS. TARIFFS!!! INVESTMENT LAWS!!! BANKING LAWS!!!
3-18-2014 Intel Guru Delta [via anonymous] Article Quote: "The coin has a positive impact on the Iraqi dinar, especially in the event of the application of the project to delete the zeros from the dinar," noting "The coin will have an important role and is effective in raising the value of the Iraqi dinar." the IQD rate needs to be raised to control inflation. The coins are part of the Lower Denominations …Raise the rate to control inflation, and release the LD’s and coins to pull in the rest of the 3-zero notes. ...on Iraqia TV they are saying the President of Parliament has declared a media blackout and will not let any reporters or media into parliament today.
3-18-2014 Newshound Guru Kaperoni IMO, based on other articles, the US will always extend the protection if asked by Iraq. This is to give them time to resolve all outstanding debt prior to release of their money and international status. Iraq wants its money so motivation is not an issue. Let's hope based on these articles the last few days, they are ready to stand up and take it. Its good news if they do. [post 2 of 2]
3-18-2014 Newshound Guru Kaperoni Article: "Financial control: protecting our money in America end in may" Protection of Iraq's money [DFI] is in our best interest. If they allow it be not protected, and Iraq still has financial obligations, those creditors may try to seize Iraq's assets. Which ultimately is money that could be used to back their currency. So what we want, is exactly what Turki stated and that is they are getting to a position that they have little outstanding debt. As for the dinar, it will appreciate in value gradually once the enter IMF Article VIII with a new exchange regime. Article VIII makes the dinar convertible world-wide. [post 1 of 2....stay tuned]
3-18-2014 Newshound Guru Millionday [I can see the direct relevance of the clues and the "CLUES" are for sure great developments but I tend to relate hard news in to a predictable timeline for the IQN revaluation and how that may be used for investments and timeline for making a global difference.] the thing is this -- the idea of...looking at the news at all is so we can as educated individuals follow the phases of development that Iraq is going through and also the laws, regulations, constitution, democratic development, banking and economic reforms, investment laws and customs etc, along with all other things that must be in place for the re-entry of Iraq or the New Iraq to the globe as a trading country out of sanctions – so the clues as these steps are done allow us to watch them advance closer to the event of international currency recognition and also monetary reality by rate for international currencies.
3-18-2014 Newshound Guru Aggiedad77 Article: "Why you should not use Central Bank reserves (cover dinar) in the treatment of the budget deficit? D. Mohammad Reza Sinan Shabibi" Yes this is a rehash of the same article that came out last week I believe with Dr. Shabibi talking about why the GOI cannot use the CBI reserves to fund the deficit in the 2014 budget...as usual Dr. Shabibi is on target with his assessment of the CBI reserves and how the GOI needs to keep their grubby paws off the money...
Read more: http://www.dinarguru.com/#ixzz2xYYzxGjF
3-17-2014 Intel/Newshound Guru Poppy3 oh boy another COMMITTEE TO STUDY THE BUDGET -- TO MY MEMORY THIS IS NOW THE 6TH COMMITEEE THEY HAVE APPOINTED TO STUDY THE BUDGET. THEY GET THE BALL ROLLING THEN STOP AND WALK OUT TO PREVENT DOING WHAT THEY HAVE DISCUSSED.
3-17-2014 Newshound Guru Millionday Article quote: "the deepening of bilateral economic relations is one of the main pillars that centered upon the Strategic Framework Agreement between the United States and Iraq." we obviously see that we are moving forward and they are in the activation and working within the strategic framework agreement. the strategic framework agreement has a huge part of the advancement to the globe economically and trade wise so this shows us that they are in a place that will activate the monetary policy -- it has to be done for all of this we are looking at to occur.
3-17-2014 Newshound Guru Red Lily "first reading of the budget amid the absence of the Kurdistan Alliance objector clause linking the region's share exported to (400) thousand barrels of oil per day, or cut from the amounts dues, indicating that in the Delete if sanctions imposed on the region at this point will attend the Kurdistan Alliance and the vote to pass the budget..." So it sounds to me the UNITED BLOC will not hinder the passage of the budget IF they are able to reach a compromise between ICG and KRG... I guess we shall see.
3-17-2014 Intel Guru TNT Tony On Friday, several CBI's were notified they were changing several rates...now we don't know exactly when it's going into effect. It's possible it can be over at any time. [Can you give us general idea of dong rate?] $.57 is what I got...once it goes international, everybody will get at least that...$3.71 international rate Iraq...Rupiah $1.05. Things are sounding good right at this moment. [post 2 of 2]
3-17-2014 Intel Guru TNT Tony Lots of people expected it to be over this weekend. It was ever so close...we were on the 1 yard line but didn't make it across. We are now on the half yard line...we'll see if we make it across this time. We're hearing things are scheduled to happen in US tomorrow & in Iraq. There have been changes negotiated at the last minute. Don't know if I am happy with them or not. It's in the IMF hands now and she is fighting a battle that she thought was over. [post 1 of 2....stay tuned]
3-17-2014 Intel/Newshound Guru Poppy3 [Do you see any problems after the R.V...With so many people trying to do their currency exchanges all at once?] nope it will be very easy --- remember there are less than 3% of the people in the whole usa that even knows about the dinar...no problems cashing out except finding the best place.
3-17-2014 Intel Guru Okie_Oil_Man TODAY, I AM HEARING TUES (TOMORROW), BUT I WILL REMAIN OPTIMISTIC AND CAUTIOUS, AS WE SEEMINGLY HAVE AN ONGOING DELAY, ONE AFTER ANOTHER. EVERY TIME WE HAVE HAD WHAT APPEARED TO BE SOLID INFORMATION, FROM SOURCES IN CHARGE OF THIS WHOLE PROJECT, THINGS CONSTANTLY CHANGED, OR ANOTHER ISSUE HAD TO BE ADDRESSED. WE AWAIT THE INEVITABLE. [post 2 of 2]
3-17-2014 Intel Guru Okie_Oil_Man I BELIEVE IT WAS LAST FRIDAY NIGHT I POSTED THAT THE WEEKEND WOULD CHANGE OUR FINANCIAL CONDITION. THIS POST WAS BASED ON THE INFORMATION RECEIVED THAT MONEY WAS TO BE [IN PLACE] LAST FRIDAY NIGHT FOR THE R/V. THEN SATURDAY MORNING, I WAS INFORMED TO EXPECT FUNDING SATURDAY NIGHT. THEN SUNDAY MORNING, I RECEIVED WORDS OF ANOTHER ISSUE THAT HAD ARISEN AND THAT IT HAD DELAYED THE R/V. [post 1 of 2....stay tuned]
3-17-2014 Newshound Guru Aggiedad77 Article: "Postponing the reading of the financial budget to next week" According to an underling of the President of Parliament (Speaker Najafi) the second reading of the budget will be postponed now until next week to give a tripartite committee time to discuss differences in the budget...IMO…'ll believe this when I see that the budget is not included on the Tuesday agenda. There has been plenty of time to discuss differences, now is a time to push the agenda forward.
3-17-2014 Newshound Guru Red Lily Article: "The Court ratified the decision for "commercial" as the Registration Agency Act takes effect 16-03-2014..." GOOD NEWS IMO...THIS IS PART OF THE "INVESTMENT LAWS AND TARIFF LAWS" IMO. ...THE TARIFF LAWS NEEDING TO BE PAST ALONG SIDE THE INVESTMENT LAWS...WILL PUT IRAQ ON TRACK WITH THE BIG BOYS...THE INTERNATIONAL COMMUNITY. FOR ANYONE WHO HAS STUDIED WHAT IRAQ NEEDS TO COMPLY TO INASMUCH AS WTO, IMF, WORLD BANK, WELL..... THIS IS PART OF COMPLIANCE AND IMO GOOD NEWS.
3-17-2014 Intel Guru Frank26 [JUST WANTED TO POINT OUT THAT JUNE IS ONLY 10 WEEKS AWAY...] I do not believe the GOI/CBI can survive financially that long. But more so nor...The World.
3-17-2014 Newshound/Intel Guru BGG though there is a lot of Dinar here in the US - informed sources seem to agree it is a far smaller number than is sometimes portrayed.
3-17-2014 Newshound Guru tlm724 "Finance parliamentary demands to hold the second reading of the budget next Tuesday" The parliamentary Finance Committee has demanded that the second reading of the budget bill on Tuesday. *hallelujah*
3-17-2014 Intel Guru MarkZ [Is there a considerable amount more that needs to be accomplished for this to be released?] There is. Yes, but it can be accomplished quickly in a matter of days. I am actually very hopeful for later in the week but it requires some serious work tomorrow and Tuesday. The GCR is upon us and close.
3-17-2014 Intel Guru Frank26 Protocol is thrown out the window with this RV...Just wait for it...It is coming. May I also say...Not only are the Kurds Happy...But so is the IMF! [do you think the delay may mean weeks or months in your opinion only?] Do not know because first I would have to believe in a delay. I do not. Granted there have been short pauses...But conquered quickly. I am of the school that feels a well planned Monetary Reform has been flowing like a Lava Flow. NOTHING Can stand in it's way...NOTHING!!! [post 2 of 2]
3-17-2014 Intel Guru Frank26 [Article -18 - This law shall be published in the official gazette and implemented after ninety (90) days from the date of publication. Does this mean no rate until June of this year. ie. 90 days from date of publication.] Normally it can be done within 30 days. IMO, This law is good but not what has delayed the RV announcement. All this while keeping in mind that last April 2013, The CBI said June 2014 is when they will lift the 000's. [post 1 of 2....stay tuned]
3-16-2014 Intel/Newshound Guru Poppy3 THE KURDS ARE NOT SHOWING UP BECAUSE THEY WANT TO MAKE SURE MALIKI CANNOT BE RE-ELECTED AND THEY KNOW EVERY HEARING THEY MISS PLACES MORE PRESSURE ON HIM. TIME WILL TELL FOR SURE BUT WE MUST ALL CONSIDER EVERY SENERIO POSSIBILITY. FACT REMAINS WE HAVE MOVED INTO THE BEST WINDOW WE HAVE HAD IN OVER A YEAR AND ALMOST EVERY MEETING AND DISCUSSION FROM THEM IS BASED ON FINANCE. THATS A GOOD THING.
3-16-2014 Newshound Guru Red Lily [new guru] Article: "Urgent….parliament concludes 1st reading of Budget Law Sunday, 16 March 2014" [Next one Tuesday?] CORRECT. [And then they vote on it right?] HOPEFULLY THAT WILL BE THE ONE "EVERYONE" WILL BE AT. I WAS READING...THAT THE KURDS WERE THERE TODAY AS OBSERVERS AND WAS NOT TAKING PART OF IT "TODAY" BUT WOULD BE THERE TOMORROW PERHAPS. WE'LL SEE. [do u think the reality rate is tied to the budget?] INASMUCH AS "SEEING" THE RATE POSTED IN THE BUDGET, NO. DO I BELIEVE THEY WILL APPLY THE NEW RATE UPON IMPLEMENTATION OF THE BUDGET... MAYBE AND THAT IS WHAT WE HOPE FOR WHEN WATCHING FOR THE PASSING OF THE BUDGET.
3-16-2014 Newshound Gurus Bondlady & tlm724 Quote: "Turki in a press statement that «the protection of Iraq's money in the United States expires in 22 of the next May, but our money outside the United States lifted protection two years ago»," so they no longer need our protection so they can take complete control...all the Kuwait issues have been resolved...Iraq will pay them $7 billion dollars in the first half of 2015. they have had it for awhile but they wanted us to protect it because of the claims that will be levied against the DFI fund per lawsuits of all kinds. [post 2 of 2]
3-16-2014 Newshound Gurus Bondlady & tlm724 Article quotes: "The management of the funds after the lifting of the protection it has become easy, especially after the Iraq fulfilled all its obligations and snuff out a large part of its debts inherited from the time of the former regime." "the member states of the Paris Club have had a prominent role in exempting Iraq from the commitments that were owed him as well as the states turn off the entire Amounts owed by the country towards it" no other country that I know of has this least amount of debt. so whatever remaining (debt) amounts that were due to the states of the Paris Club has been forgiven...pretty big stuff! [post 1 of 2....stay tuned]
3-16-2014 Newshound/Intel Guru BGG [never underestimate a desperate man. This electronic voting system is a bit of a worry. I believe Maliki will try and doctor the election as his last throw of the dice.] agreed. there is a mountain of evidence he has to overcome. [Do you think they would finally do a "no confidence" if he rigs the election?] it's not about the votes - it's about the coalitions...he has NO DANCE PARTNERS...he can only "rig" so much. [So if maliki does loose the election where does that put a currency change? Could it extend it months down the road until they get the government seated?] without the resistance from the current GOI - it should move forward easily. [post 2 of 2]
3-16-2014 Newshound/Intel Guru BGG Article quote: "Revealed an adviser to Prime Minister Nuri al-Maliki, al-Maliki told him that "in front of me three options are others after the parliamentary elections." 3 options...(via his advisor) 1) to escape out of Iraq... 2) a prison sentence because of litigation in large against him in the absence of victory elections 3) or a third term. "the Prime Minister is very afraid of the parliamentary elections due to declining popularity" (Uhhhhh - that's an understatement...) [post 1 of 2....stay tuned]
3-16-2014 Newshound/Intel Guru BGG The second reading of the budget is already on the published agenda for Tues the 18th...which means the first reading has to be before then. could be they will make changes Maliki cannot contest before the elections...we are about to see. I am not convinced it will contain a rate... further - it has been rumored the rate will show first - then the budget. but again - that is a rumor...there are an awful lot of things to be very hopeful about - one way or the other - things are changing. [post 2 of 2]
3-16-2014 Newshound/Intel Guru BGG Article: "Kurdistan: A meeting headed by Barzani will resolve the position of the budget and attend Sunday’s session Baghdad / Detection of the Kurdistan Alliance for the meeting will be held today in Erbil, headed by Kurdistan Region President Massoud Barzani, to take a decisive stand on the budget and attend the parliament session tomorrow..." they are basically meeting to get themselves together - they can't hardly accept this current deal from the GOI. [post 1 of 2....stay tuned]
3-16-2014 Intel/Newshound Guru Poppy3 THIS INFO FROM A VERY KNOWLEDGEABLE INTERNATIONAL CURRENCY SCHOLAR...HE JUST INFORMED ME THAT [THOSE] SAYING IRAQ HAS 80 TRILLION DINARS IN CIRCULATION ARE CRAZY. HE SAYS THEY DO HAVE SOME 84 TRILLION IN RESERVE ASSET's VALUE AND ESTIMATED ONLY 13 TRILLION IN CIRCULATION WORLD WIDE.
3-16-2014 Newshound Guru tlm724 Article: "Why you should not use Central Bank reserves (cover dinar) in the treatment of the budget deficit?" Currency reserves is the cover of the national currency and protector, ie it covers at least the currency of the people and the banks that are guaranteed reserve. This keeps the lid on the value of the currency and ensure its stability, which is an important condition for development. Quote: "So it has focused the Central Bank Law in Article 26 on the prohibition of lending to the government. Any lending that would put the Department of the Central Bank in violation of the law" so not only is the CBI saying no way you are getting those reserves but they also put it in the banking law making it illegal...how smart is that!
3-16-2014 Newshound Guru Tlar Great Idea from the CBI...Control all the cash dinars in almost all the independent banks. Turn it into just another electronic number to be reduced on D-day by three zeros and require those same banks to either deposit with the CBI their cash dinars from this point on, on a regular basis either daily or weekly in order to participate in the auctions. What a great idea. Through this action they control both the dinars from those banks and also tie in the amount of profit a bank can make selling dollars (10 dinars per dollar) thereby inadvertently controlling the exchange rate. This is no accident. Do you all realize how important this move is to an RV? It completes the picture. The CBI now is in control of virtually all circulating dinars. The CBI is truly ready for an RV as they themselves have declared in a few articles..
3-16-2014 Intel Guru TerryK NOW I'M BEING TOLD SOME THINGS WILL HAPPEN TOMORROW [SUNDAY] THAT TRIGGER THIS NEXT THURSDAY. SO LETS WATCH FOR NEWS TOMORROW AFTERNOON.
3-16-2014 Intel Guru Hub iraq has had a valued currency for the last 200 years and will again...things are going as they are supposed to be...just watch for this to happen...i personally think we are there...this has to happen...iraq can not last much longer without it... [What are your sources saying?] new york currency trader...said several weeks ago this is done just needs to be activated. 3-15-2014 Intel/Newshound Guru Poppy3 Maliki's advisor gave him "3" options, leave iraq, prison, or hope for third term ...Some of his own party members are accusing him of wrong doings…Other coalitions are as well. With Maliki seeming to be on his way out, I believe we will now have a much better chance of seeing the Iraqi dinar increase in value.
3-15-2014 Newshound Guru Kaperoni Article: "Financial control: protecting our money in America end in may" Quote: "all proceeds of Iraq from exporting oil and pulls from the proceeds at 5% is compensation for the 1991 war in Kuwait to pay all the debt of Iraq's Finance Ministry before receiving government supervision" Development Fund for Iraq." Well, usually Obama renews it each year...I know last fall an article came out stating that would not happen again. But the expiration is about 60 days away [May 22]. Guess we see what happens.
3-15-2014 Intel Guru Frank26 ...time, IMO...They are SO running out of it. The consequences of this prolongation will be catastrophic economically to Iraq and ALL those that...Bowed to her financially. The PROTOCOL of this IQD monetary reform has NEVER been seen before in earth history. It is a completely different animal never witnessed before in economic history... NEVER!!! NOTHING...This world will EVER see again. [post 2 of 2]
3-15-2014 Intel Guru Frank26 I do not know the date of the RV. But I know Iraq is doing things that can ONLY be defined as international moves based on some new rate that has allowed the IMF not to Interfere. So where is the FEAR in letting the rest of the world know this Is beyond me! Brazillion...Trazillions...Unlimitedzillions of IQDs are being used in front of our noses with a bravado of disrespect to the International World. SOOOOOOOOOOOO MANY promises being signed with insane logic at 1166. [post 1 of 2....stay tuned]
3-15-2014 Newshound Guru tlm724 ...inflation is rising 1% every month which is really bad and this is happening on multiple levels, because of Iraq's importing policy...their currency fluctuation is hurting the economy in a big way forcing them to use the dollar but because they use both currencies on a daily basis it is making things worse. we KNOW they have committed to using the dinar both in contracts and for foreign transactions so this just tells me they are boxed in with their current monetary policy which is a very good thing for us! the economy is crashing slowly each day IMO again forcing a move.
3-15-2014 Newshound Guru Aggiedad77 "It is not possible to postpone the general budget bill to the next parliamentary session" A legal expert has expressed his opinion that the budget cannot be postponed to the next parliamentary session...which I take to mean the seating of the new parliament after the elections...this needs to happen and happen now.....he says it could be done in 10 days time if Parliament would get serious about its work. 3-14-2014 Intel Guru Okie_Oil_Man FROM INFORMATION RECEIVED DURING THE DAY TODAY IT APPEARS AS THIS WILL BE THE LAST WEEKEND FOR YOUR FINANCIAL CONDITION TO BE IN IT'S CURRENT POSITION. I FULLY EXPECT THIS WILL BE OUR WEEKEND TO RECEIVE OUR BLESSING.- GONNA SLEEP LIKE A BABY TONIGHT FOR THE FIRST TIME IN A LONG TIME----WHEW--WHAT A RELIEF- BEEN A LONG TIME COMING HASN'T IT?
3-14-2014 Newshound Guru Med I SEE WE HAVE SOME GOOD NEWS OUT OF IRAQ ON THE ELECTIONS. IT WAS IRANS SUPPORT OR ...THEIR PRESSURE ON THE SADRISTS ON OTHER FACTIONS WITHIN THE IRAQI GOVT THAT ALLOWED MALIKI TO GET A SECOND TERM. BUT, IT APPEARS THAT MALIKI WILL NOT GET ANY SUPPORT FROM IRAN AND IT ALSO APPEARS THAT HE HAS LOST MOST OR ALL OF HIS ALLIANCES WITHIN IRAQ. THIS IS NOTHING BUT GREAT NEWS.
3-14-2014 Newshound/Intel Guru BGG [is the budget meetings still the 16th and 18th of this month?] sounds like Sunday is the start of things...is what is being advertized. Budget progress is very good - but I am not convinced they are "inextricably linked". [...is the window still until 4/1 or extended beyond elections and new GOI?] "THE WINDOW" is a little absolute. I like our prospects for the near/mid-term - one way or the other things are moving along nicely.
3-14-2014 Intel Guru TerryK GETTING WORD THAT THINGS ARE TO HAPPEN THIS WEEKEND THAT WILL SET UP THE RV FOR NEXT THURSDAY BOTH FOR CMKX INVESTORS AS WELL AS THE DINAR AND DONG. THAT'S THE WORD I JUST GOT.
3-14-2014 Newshound Guru Aggiedad77 "Law is likely to pass the budget after reading next Sunday" The State Law coalition is predicting that the budget will get through its first reading on Sunday....it is also predicted that the Coalition United will show up for the first time in 2014, if so Parliament will have a quorum to get thru the budget with or without the Kurds.
3-14-2014 Intel Guru TNT Tony ...I was prepared to give you a lot of good info. Unfortunately I just received 2 calls from separate 3 ltr [letter] agencies ...things are at a delicate position today and they don't want us to effect what is going to occur over the weekend. I can tell you that things are a lot more visible than they were yesterday and that they are in writing. Everyone is in place and we should have a superfantastic week ahead. Please take this weekend to make sure you have everything required to do your exchange. If you need to do gift letters before the rate changes, I suggest you spend time doing that right now. That's all I can say right now, don't want to mess anything up.
3-14-2014 Intel Guru Frank26 IMO, If You adhere to this approach it should help Your confusion. Forget bonds...Budget...GOI...ONLY pay attention to the CBI. Everything else sits on unstable sand That is quick To change.
3-14-2014 Newshound/Intel Guru BGG [doesnt Iraq need a set rate for all the contracts and mou's they are holding?] I don't know that to be fact. I'm unsure anyone does. [Can't see it "float" up from the artificial rate...does no good for the country.] I agree. However, no matter where it starts (or how) it will not be very long until it arrives at a "natural rate" - or "reality rate".
3-14-2014 Newshound Guru Stryker Article: "Upper: Maliki has four allies and winning the third term is very difficult" I like this article a lot..Some of his own party members are accusing him of wrong doings...Other coalitions are as well. With Maliki seeming to be on his way out, I believe we will now have a much better chance of seeing the Iraqi dinar increase in value.
3-14-2013 Intel Guru TerryK [guess we are watching for Monday RV?] I'M WATCHING FOR THIS WEEKEND... I JUST GOT A CALL FROM CMKX GUY. HE IS ALL HOT AND HEAVY TELLING ME THIS WEEKEND IS LOOKING SUPER DUPER FOR CMKX AND RV. WHAT IM HEARING IS ALL GOOD. WATCH FOR IT SUNDAY.
3-14-2014 Newshound Guru Aggiedad77 Article: "Barzani meets with the House of Representatives in Baghdad next Saturday before the public budget hearing" Barzani will be meeting with the Kurdish MP's from Parliament on Saturday, ahead of the Sunday session where the budget is scheduled to be read for the first time. He will be bringing them up to date on the latest situation between Erbil and Baghdad on the budget issues...this is the coach telling the players the next play and who has what responsibility.
3-14-2014 Newshound Guru Kaperoni The CBI can change the rate at anytime and they have done so over the years. Shabibi raised the value on a few occasions. That is not the issue. The issue is what clearly has transpired over the last year and a half which is a decision to develop the banking system to a level in which they can open it up to the world and that includes IMF Article VIII that will build the market economy. Two completely different issues that have same results. [post 2 of 2]
3-14-2014 Newshound Guru Kaperoni Article: "Expert economic: the advancement of Iraq's economy is the rise of the private banking sector" In March of 2013 the IMF said their was more work to be done to get the banking system ready. Since then, a lot has happened. Several international banks, etc. have also opened. It is frustrating that they cannot seem to pass these laws, but I doubt that progress will be held up due to this issue...they will find a way to pass them soon. They say they will pass a bunch of legislation before the end of the session which is sometime in April just before the elections. Cannot predict if they will or not. We wait and find out. [post 1 of 2....stay tuned]
3-14-2014 Intel/Newshound Guru Poppy3 RV IS BASED ON MALIKI'S SITUATION ONLY AND HAS BEEN FOR THE LAST TWO YEARS FOR SURE. HE HAS MANIPULATED THE SYSTEM TIME AND TIME AGAIN TO CONTROL PARLIAMENT AND HE DEFINITELY CONTROLS TURKI AND THE CBI--- WHEN HE GETS WHAT HE NEEDS THE RV WILL HAPPEN--- THE GLOBAL OR INTERNATIONAL FINANCE BANKING SYSTEM WANTS IT YESTERDAY JUST LIKE WE DO. BELIEVE ME WHEN HE [MALIKI] GETS SOME PROTECTION ONE WAY OR THE OTHER SUCH AS BEING RE-ELECTED OR HE GETS FULL AMNESTY, THE CURRENCY WILL GET A VALUE BUT RIGHT NOW THAT IS HIS WHIPPING STICK ON EVERYONE ELSE TO TRY AND GET WHAT HE NEEDS AND HE WILL USE IT TILL HIS LAST CHANCE IS GONE. 3-13-2014 Intel Guru TerryK HOPE THAT WE HAVE SOME GOOD NEWS IN THE AM. KEEP THE FAITH ITS COMING. ALL INDICATIONS ARE WE ARE THERE.
3-13-2014 Intel Guru Bluwolf The rates are contemplated the same...My thoughts as always we have been alerted and we are on standby for our exchange and this can happen at any second, we have no knowledge of any delays, banks abroad are waiting for your Washington folks to get it rolling, last word out is that it is now in motion.
3-13-2013 Intel Guru EXOGEN GCR and RV projected within 5 days if all goes as planned.
3-13-2014 Newshound Guru Aggiedad77 "Sources: Iran informed the Kurds not to consent to (the third term) .. Barzani and the National Alliance between good alternative to the owners or separation" I would say the Kurds stand at a cross-roads in deciding do they want to put up with Maliki for another 4 years...or do they go along with Iran and push for his expulsion from the government...they appear to have support from a couple of other blocs if they choose to seek it and make something happen even prior to the election....but would this throw Iraq into an even deeper turmoil than exists today.
3-13-2014 Newshound/Intel Guru BGG [what is the current thoughts on the best time for M [Maliki to release the RV from an election stand point. soon or closer to election day?] If it boils down to 2 weeks prior to - I doubt we see until after - but anything is possible. [releasing the RV wont win votes after the election.] great point. [What makes more sense to you: Release the rate then approve the budget or the reverse?] right now - rate first budget second...but that is relative to the immediate situation...which could change. if Maliki can't get budget consensus and needs electoral help - rate first.
3-13-2014 Newshound Guru Kaperoni Article: "Expert economic: the advancement of Iraq's economy is the rise of the private banking sector" ...its pretty clear that parliament has to pass these laws that are needed for economic and banking reform before we will see the dinar rise. You cannot blame Maliki for that...he is suing parliament because they are not passing any of these laws.
3-13-2014 Intel Guru Frank26 [what do you think or like to see them do on Sunday?] Give us more info on Auctions...Budget...Bonds...New rate and...Art 8 status. They are increasing CAPITAL...Pleasing IMF...They are doing well...They will soon tell You of this accomplishment. I hope...SUNDAY. Article: "Next Sunday ... start the IPO capital increase 'Economy Bank for Investment'." Or...Maybe they tell You today...UNBELIEVABLE!!! Either we are GOOD!!!
3-13-2014 Intel/Newshound Guru Poppy3 just got another notice confirming all these people stating the bonds have been sold are full of it because no bonds have been sold period. They still have no backing from any country or banking source and even though it has been reported at $3.71 rate...that sounds great, it really means zip until the value truly is changed on the international front. MY thoughts are if this $3.71 rate is anywhere close to the rate it sure doesn't sound like a float to me. They will be close to KUWAITS value in my opinion very soon.
3-13-2014 Intel Guru Jester [do you think they are waiting for a certain event to happen before they pull the trigger?] NOPE. WHEN THEY GET THE SITUATION UNDER CONTROL TO THEIR SATISFACTION THEN THE BIG PICTURE WILL BE FINISHED AND READY TO PRESENT TO THE WORLD. WE ARE CLOSER THAN WE WERE. I DO BELIEVE WE ARE IN THE RIGHT PLACE. NO INVESTMENT WAS EVER IN YOUR OWN TIMEFRAME... SO JUST BE PATIENT...IT IS GETTING DONE...IT IS LIKE A CHESS MATCH...WHEN THE OPPONENT DOES SOMETHING STRANGE TO CHANGE THE GAME IT TAKES A FEW MOVES TO GET THINGS GOING BACK THE OTHER DIRECTION.
3-13-2014 Newshound Guru Kaperoni Article: "NET and the World Bank to discuss activating the permanent development of the banking system" [I betcha it takes a VERY long time!!] Nah...the banking system is what will drive the market economy...The very same market economy that they said would reduce oil dependence to 70% or less before 2017 as part of the 2014-2017 development plan. Iraq needs to diversify, its not a open window for that to occur...time is of the essence. The banking system will open soon and the dinar will go to Article VIII with a new exchange regime (float) which will let it rise based on principles of supply and demand.
3-13-2014 Newshound/Intel Guru BGG [Do you think thay can cover all the dinar in circulation without a lop?] If there is all this 80+ Trillion of three zero notes in circulation - why is the CBI having such a problem providing for the day-to-day liquidity needs of the Iraqs currency and banking market? Where is it all at? It is common knowledge the (based on articles and complaints by the Finance Committee, Economic Committee and private bankers) they are only supplying about 1/3 of what is needed. [some time ago it was said that you went to be so close to Kuwait as far as the value of the dinar...is that true then and is it still?] I still suspect once things move ahead you will see a "reality rate" near that range whether it starts there or not. Once it gets going, managed or otherwise, it won't be long before it gets to the place they ultimately want it.
3-13-2014 Newshound Guru Aggiedad77 Article: "Iran turns its back on Iraqi PM Nouri al-Maliki" What a turn of events...Iran has turned its back on Maliki and is asking the Kurds to find a replacement...there are reports that the National Iraqi Alliance is divided at this time which gives the Kurds the ability to ally with the al-Iraqiya List and the Ahrar bloc to remove Maliki...could they be singing Maliki's swan song...and they are speaking of getting this done...even before the elections. 3-12-2014 Newshound/Intel Guru BGG [You mentioned...some type of financial control or penalty that the United States had to ensure that Maliki held the elections as scheduled. Is that still the situation? I am concerned about Maliki doing something to delay the elections.] there is rumor of such - it appears the world is watching. [Talking of value or the bonds being sold this Thursday? What rate! More so, can they do this with out RV?] I am skeptical about the bond issue. They appear to be shelved for the moment...I don't see how they can "sell into" such deficit position on the Bonds if they haven't "enhanced" the value of their currency...if they are going to "create wealth" out of thin air (the essence of a Bond issue) why do it at 1166 and then have to pay back at 3 bucks - make no sense and the CoM has shown the concern over such a "trick bag". [poppy3 (and) millionday say were so close, are we, you think?] I am very hopeful for the near term. One way or the other.
3-12-2014 Intel/Newshound Guru Poppy3 [(Can) anyone explain these so called Iraqi bonds that were sold...?] MY REPORTS HAVE STILL BEEN THAT NOT ONE BOND HAS BEEN SOLD. YES THE RATE IS ON THEM AND THEY ARE PRINTED AND READY JUST LIKE THE LD'S BUT THEY HAVE NO BACKING ON THEM AND HAVE NEVER BEEN SOLD PERIOD.
3-12-2014 Intel Guru Jester I DO THINK THAT THINGS ARE HAPPENING BUT THIS DOES NOT RELATE TO ANY PARTICULAR DATE. I BELIEVE THAT THERE IS STILL THINGS THAT HAVE TO HAPPEN. I KNOW THAT THERE IS NO WAY TO PUT A BACK WALL OR FRONT WALL OR SIDE WALL ON THIS THING. THAT IS THE PROBLEM. EVERYONE WILL LIKE TO SAY THERE IS SOME POINT THAT WILL SIGNAL THE END AND THAT IS SIMPLY NOT THE CASE. IT IS A VERY FLUID SITUATION...WITH EACH ACTION THERE IS A REACTION AND THEN A REASSESSMENT OF WHERE THINGS ARE AND THEN A REALIGNMENT OF THE PLAN TO MAKE SURE IT GOES THE WAY THEY WILL LIKE IT TO. IT WILL HAPPEN WHEN THEY GET THINGS...UNDER CONTROL TO THEIR SATISFACTION.
3-12-2014 Newshound/Intel Guru BGG I do think we are in a very hot window for a lot of political reasons, right before these elections.
3-12-2014 Intel Guru TNT Tony Banks are ready and in position, in lock down, waiting for phone to ring. Christine Legarde is still to make the decision for the exact moment in time for this to go. Some folks have waffled and she's making sure they can't come back and say, "I didn't agree to that". It is done. The rates are at the banks, on the screens. We know the rates but were asked not to talk about them. It can go at any moment. [post 2 of 2]
3-12-2014 Intel Guru TNT Tony The window is still through Saturday and getting smaller. I have heard nothing to change that time frame yet. Everything is still progressing and looking good. There are some small nuances but we are in a good position overall. I've been told it could happen any minute, 10 minutes, an hour or 36 hours. We have seen significant things happen over last 48 hours. China has moved tons of gold to finalize this situation. Iraqi bonds are in USA and can only be purchased with IQD. There is a scheduled start date to sell and cannot happen without an RV. [post 1 of 2....stay tuned]
3-12-2014 Newshound Guru Aggiedad77 Article: "The central bank seeks to stabilize the Iraqi dinar against the U.S. dollar" the Association of Private Banks is holding workshops in conjunction with the CBI that explains to the banks the latest developments and change with regards to the exchange rate of the dinar against the USD...also of note here is that the CBI announced their reserves totaling $80 billion USD and now 80 tons of gold.
3-12-2014 Intel Guru Mnt Goat From everything I am hearing the Iraq budget is completed and signed off by all parties. It is waiting in the wings for publication in the gazette, which should take place this week. The news is just so very good and encouraging this week. It is filled with hope that we will all be exchanging our currencies very soon. This has been a long journey for many but I assure you now it will soon be over. [post 3 of 3]
3-12-2014 Intel Guru Mnt Goat These bonds are expected to be released to the international financial sectors tomorrow, Thursday 03/13/14...if all goes well there would have to be an international announcement of some kind to satisfy investors that the IQD is now internationally recognized. To do this a revaluation from the provisional post-war currency to the permanent dinar at the non-inflated rate would be necessary. Banks in Iraq have had the lower denomination bills stock piled in their faults for well over 6 months now in anticipation of this event. [post 2 of 3....stay tuned]
3-12-2014 Intel Guru Mnt Goat My contacts from Iraq, the IMF and the US government are all excited about what is about to happen. I have been told the US government has finally made a decision to release the global currency reset (GCR) pending certain conditions were met. All these conditions have been satisfied. More excellent information was forwarded to me about the Iraq Bond situation. We also now know that, by these bonds, a minimum rate is established that any revaluation of the IQD must meet in order for these Bonds to be successful in funding their intended programs. Thus the purpose of the bonds. [post 1 of 3....stay tuned]
3-12-2014 Intel Guru Jester THE US IS NOT IN CHARGE NO MATTER WHAT THEY SAY...AND THE CENTRAL BANKS ARE THE PROBLEM THEY ARE TRYING TO SOLVE AND I THINK THEY WILL BE SUCCESSFUL IN THAT ENDEAVOR...THEY BEING THE ONES THAT ARE IN CHARGE OF THE BIG PICTURE... [what exactly should we be looking for to happen that would allow the GCR/RV to happen?] FIRST OF ALL THERE IS NOT ONE ELEMENT TO SEE THAT WOULD TIP YOU OFF. SECOND...I DO BELIEVE THAT IT IS DESIGNED TO BE HARD TO SEE. THIRD...I ALSO THINK THAT IT CHANGES DAILY AND IS THEREFORE A FLUID SITUATION. FORTH...THEY WILL NOT HAVE ANY ONE THING TO "ALLOW" IT TO HAPPEN. IT IS ALL A PLANNED ACTIVITY.
3-12-2014 Newshound/Intel Guru BGG My comments to a recent TV spot on the Iraqi Dinar Investment... Is the Dinar a scam?? It cannot be – it is the currency of a country. Will it be a “windfall”?? No one can know for sure – Iraq has become a complicated mess….but I’m in it to find out. Do I agree with the “know it alls” (or know nothings) on the left claiming there is 80 (something) Trillion Dinar in circulation?? Absolutely not – the actual reported numbers on amounts in circulation are highly suspect. Truthfully, no one can know for sure. Do I agree with the “scambags” on the right – NO WAY!! They are in this to “scam” you and make out for themselves. BEWARE!! If it’s proof you want – look no further than PG 94 of the April 2012 (quarterly) SIGR report to Congress (they get one every quarter)… [Dinar Guru will be sending out the full video soon to members - be sure to sign up in the blue box above!]
3-12-2014 Intel/Newshound Guru Poppy3 Every news article we have seen for the most part for almost 2 months from Iraq have been about finance and they continue to take steps to accomplish things that we feel sure have to be done. I don't necessarily agree that the budget is key to the RV to take place. I personally believe that we are getting closer and closer. I feel that Maliki has to have the Amnesty Law in place or he has to win the election. Think about this...Turki is in charge of the CBI, the CBI is the one that has to do this. Turki was put in place by Maliki and Turki is a puppet for Maliki. Maliki holds the key to Turki and Turki holds the key to the CBI and releasing the RV and that is what we are up against. The only way Maliki can win the election is he has to get the RV done and win the favor of the people and he has to do it in enough time ahead of the elections so that they see the results from it. 3-11-2014 Newshound Guru Enorrste Today there is no talk of a LOP in IMF or CBI articles. It is all leading toward the "gradual rise" in the value of the dinar, which is a float. On the other hand, if you believe that Maliki wants to LOP the currency, then that is another point altogether. Maliki would then be on a "different plan" than the CBI. However, I find that Maliki's position is not known to any of us. Instead, all we "know" is that he is stalling. [post 2 of 2]
3-11-2014 Newshound Guru Enorrste ...we knew there was an original plan but the question is what exactly was that plan? For years we thought it was an RV plan. Now we believe the new plan is to float the currency. Was that also the original plan. Or...was Shabibi's original plan to LOP the currency? In any case, the "current" plan is clearly for a float of the currency. We have verified that through both IMF documents and CBI documents. The only people who talk LOP currently have been shown to be uninformed, as far as I can tell. [post 1 of 2....stay tuned]
3-11-2014 Intel Guru Okie_Oil_Man AS I HAVE STATED PREVIOUSLY THIS WEEK SEEMS TO HOLD A LOT OF HOPE FOR US ALL. THE RECENT IRAQI BOND SALE INTERNATIONALLY MAKES THE R/V OF NECESSITY TO BE RECOGNIZED HERE IN THE USA PROMPTLY. AS I STATED BEFORE THIS LOOKS LIKE A WEEK OF HIGH EXPECTATIONS BASED ON THE RESULTS OF MEETINGS THAT HAS/IS TRANSPIRING.
3-11-2014 Newshound Guru Aggiedad77 Article: "UNDP and JICA agree to enhance their partnership to accelerate the "recovery" Iraq's economic" The Japanese Agency for International Cooperation and the UN Development Program signed an agreement to accelerate the implementation of infrastructure projects and economic development in Iraq...these two entities would not be involved with Iraq...they would not be investing money in Iraq they way they are if they did not see a future for Iraq...they know of good and great things to come...and so do we.
3-11-2014 Newshound Guru Kaperoni IMF Article IV Consultation Quote: "Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate," This is exactly what we want to happen. The IMF is saying clearly moving to a flexible exchange regime, will let the dinar rise in value gradually (nominal exchange rate means dinar to another currency like the dollar [1166:1]). Knowing the IMF must approve, it is clear...the dinar will rise gradually via a new exchange regime (float). That is all that is stated and no other options are given.
3-11-2014 Intel Guru Nova [via anonymous] the Iraqi Bonds are sitting in Chicago waiting for the world to be told Iraq has an international rate. the Chicago Board of trade cannot sell these Iraqi bonds without international status because the sale must be deposited in Iraq in IQD. Nova had said months ago that at the end Iraq would be unable to hide it anymore…..and we are there.. we are seeing it and it cannot be hidden.
3-11-2014 Intel Gurus Frank26 & Delta I-Team reports that key people are coming to the US...not for dickering and negation but for handshakes and celebrations. The I-Team also agrees the budget is passed and signed and done… they believe it has gone through parliament, COM, been signed by all 5 players, and is sitting on someone’s desk waiting to be published in the Gazette.
3-11-2014 Intel Gurus Frank26 & Delta [via anonymous] ...the news is all positive. the Chicago board of trade is now selling Iraqi bonds…This is confirmed by many sources. The bonds are being sold in large chunks indicating it is more then the average investor can afford so probably still being sold to countries...the first batch of bonds according to the internet is $3.71. the Iraqi Budget is already passed and signed...the Iraqis are behaving like they are already wealthy. Do they know something?
3-11-2014 Intel/Newshound Guru Poppy3 [does anyone know the current status of the amnesty law...] ACCORDING TO THE LAST UPDATE I HAVE HEARD THE AMNESTY LAW HAS NEVER EVEN BEEN READ. IT WAS REPORTED TO ME LAST YEAR THAT A PARTIAL LAW WAS PASSED BUT THAT WAS IN JUST TWO REGIONS AND WOULD NOT PROTECT MALIKI...
3-11-2014 Newshound Guru tlm724 Article: "Claims the establishment of free zones for trade exchanges with Iran and Turkey" these free zones are very important, not only does it attract outside investment and offer tax free business transactions it promotes and meets the requirements for the WTO.
3-11-2014 Newshound Guru Shredd [do you think the CBI will tighten those reins or loosen them?] I say tighten which is good...they need to have total control to ensure a stronger, more relied upon dinar will be safe...supply needs to be controlled so it's good news to me. the main problem lies in that the impact of the dinar is exposed to the pressures of many may be internal or external, political, and security in addition to the pressures of economic, social and administrative. so, the removal of the large notes and bringing value to the dinar will bring many solutions. [post 2 of 2]
3-11-2014 Newshound Guru Shredd Article: "Bankers: beware of infinite distribution of foreign currency in banks" the cbi is getting so very close on needing to act...with all the continued focus on removing the zeros, i think they will move forward with the project this year, starting it, that is. you can see the restrictions on the distribution of foreign currency so that tells me the plan to move to the dinar is still in play which I think we all trusted but hoped wouldn't delay. [post 1 of 2....stay tuned]
3-11-2014 Intel Guru Jester I FIRMLY BELIEVE THAT THE RESET WILL BE DONE IN A WAY THAT WILL BENEFIT ALL...AND RIGHT NOW IT WILL NOT BENEFIT ANYONE BUT THE US AND THE BRICS...ONE OR THE OTHER...SOME THINGS STILL NEED TO CHANGE.
3-11-2014 Newshound Guru Millionday [Giant TV's being placed in Iraq?] actually that is huge news...they set up in the middle of prayer time huge tvs to televise big information -- press are there and we have seen it a couple years ago so this is very big news...it could be for elections but seems a little early so we shall see...the big screens have been thought to be signs of RV many times but they have then been used for business or other things that needed reported. 3-10-2014 Intel Guru TerryK BIG THING I'M HEARING IS THAT WE ARE TO SEE THIS WITHIN A FEW DAYS BEFORE THE 15TH...AGAIN ANOTHER DATE...TREAT WITH RUMOR.
3-10-2014 Newshound Guru Aggiedad77 Article: "Kurdistan pending a formal hearing on Sunday to discuss the budget: We will not attend" The Kurds are saying they cannot attend the next Parliament session where it is likely the first reading of the budget will take place...if the Coalition United returns to Parliament as they have indicated they will....the Kurds will sit on the sidelines and watch the budget slap them in the face as it did last year....without their having a say.
3-10-2014 Intel/Newshound Guru Poppy3 THEY SAID DON'T LET YOUR EMOTIONS GET TO EXCITED BUT THEY THINK WE ARE DEFINITELY WITHIN THE BEST WINDOW SINCE LAST JUNE WHEN THEY THEMSELVES BOUGHT LARGE SUMS OF MORE DINAR BECAUSE THEIR CONTACTS WERE ALL CONVINCED WE WERE AT THE WINDOW OF THE RV WITHIN A COUPLE DAYS YET HERE WE SET STILL WAITING. SMILE...THIS IS ALL GREAT PROGRESS. [post 3 of 3]
3-10-2014 Intel/Newshound Guru Poppy3 THE CBI AND ALL PARTIES APPEAR TO BE LINING UP TO HAVE ALL THEIR DUCKS IN A ROW AND CAN RELEASE AT ANY MOMENT BUT THEY SAID USE EXTREME CAUTION AND TO PAY CLOSE ATTENTION TO MALIKI'S ACTIONS MORE THAN ANYONE ELSE AT THIS POINT, HE HOLDS THE KEY TO TURKI AND TURKI HOLDS THE KEY TO THE CBI VAULT WHERE OUR MONEY IS BEING HELD FOR RANSOM FOR MALIKI'S BENEFIT ONLY. [post 2 of 3....stay tuned]
3-10-2014 Intel/Newshound Guru Poppy3 ...our status according to two sources in Bagdad: THEY FEEL MALIKI IS GETTING DESPERATE FOR THE RV AND OR THE FULL AMNESTY LAW BEING CONFIRMED. HE IS SCRAMBLING TO TRY AND GET ONE OR THE OTHER ACCOMPLISHED BUT HE WILL HOLD OUT TILL THE LAST SECOND TO HAVE TURKI RELEASE THE RV BEFORE THE ELECTION BUT THEY SAY HE KNOWS FULL WELL WITHOUT THE AMNESTY LAW PASSED HE CANNOT FAIL TO BE RE-ELECTED AND HIS STATUS OF BEING SO VERY UNPOPULAR WITH THE PUBLIC WILL PREVENT HIM BEING ELECTED FOR A THIRD TERM. [post 1 of 3....stay tuned]
3-10-2014 Newshound Guru Millionday [is the budget going for discussion this week or next?] tuesday [tomorrow] second reading and sunday the 15th should be the vote as planned...we will see what happens tomorrow on the agenda. i say the first reading was weeks ago -- second tuesday -- vote sunday...this is iraq so we wont be surprised if it changes. [So if this happens as planned...New rate should precede?] some think before but they are working on the monetary reform per CBI and announcements so we shall see if nothing happens.
3-10-2014 Newshound Guru Aggiedad77 Article: "Before agreed .. the inclusion of the budget next Sunday" It appears at this point that the 2014 Budget will be on the agenda for the Sunday Parliament session for its first reading....and again on the agenda for a second reading on Tuesday next week. Article: "United: We will attend Sunday's session if the agenda included a general budget" So the Coalition United will attend the Sunday Parliament session if the budget is on the agenda....we have already heard that it will be....this could spell trouble for the Kurds as the United group will provide a quorum if all others blocs show up.
3-10-2014 Intel Guru TNT Tony Everything is in position and the announcement can come at any moment. There are some final things being changed, i's dotted and t's being crossed. Christine Legarde is feeling the pressure. She wants to make sure when it happens it can't come back on her. The 800's have been released to the banks and have had them for a week. UST has released and the rates locked...we should be eligible for higher rates. [When do you think this is gonna happen?] It should happen before Saturday but could be this afternoon. [You have mentioned the RV 24-48 hours before the GCR. Is that still in place?] The answer is no, it can happen at any time. Everything we are hearing is good...any moment one person could make that decision that will change our lives forever...we just don't know when she'll do it.
3-10-2014 Intel Guru EXOGEN Per multiple conversations $3.71 (IQD) number is visible at T1 & T2 banking levels as it ties to the bonds. The first phase of the process is now in full motion and the larger bonds are now moving in conjunction with the strategic positioning of the Gold Certificates. The Rupiah and VND have rates showing and holding. The next 7 days looks very promising.
3-10-2014 Intel Guru Okie_Oil_Man I AM AWAITING ACTIONS REGARDING MEETINGS HELD OVER THE WEEKEND THAT WAS REPORTED TO ME AS BEING VERY POSITIVE. I AM VERY HOPEFUL OF THIS WEEK BEING "OUR TIME".
3-10-2014 Newshound Guru Millionday Press conference quote: "The head of the House of Representatives decided to hold a session for the Parliament next Sunday and the budget law will be added to its agenda." Nujaifi called on all MPs to attend the session because there is no any excuse, and the budget bill will be added to the agenda and the name of absentees will be announced in the media...sounds like they are talking majority vote...i hope majority -- i am sick of them not showing up and holding it up for the people -- even though the raise in the rate and the rates being shown by cbi is part of the monetary reform and can be done without a budget in place.
3-10-2014 Intel Guru Jester ...THE THING ABOUT THE IMF...PEOPLE ARE SO PREPARED TO SIT ON ONE ITEM AND CALL IT THE HOLDUP.... IT IS ALL PART OF THE PICTURE... BUT IT IS NOT NECESSARILY THE ONE THING WE ARE WAITING ON.
3-10-2014 Newshound Guru Enorrste Article: "Bankers: beware of infinite distribution of foreign currency in banks" Quote: “referring to some change in the coming days, which could see a reduction at the exchange rate of the dinar against the dollar.” This quote is important because it confirms for us that a change in the value of the dinar is scheduled by the CBI to occur “in the coming days.” Of course we’ve all seen that this particular phrase doesn’t necessarily mean “next week” or even “next month.” But based on other articles it does mean “in 2014”.
3-9-2014 Newshound Guru Kaperoni IMO, the CBI has a plan...we know the UST was just there and the IMF would not agree if it was not going to work. We have talked many times about a "disorderly exit" and "orderly exit" and this may be a step in that direction to get into Article VIII and remove the restrictions on the dinar so it can rise (via a new exchange regime). We just have to watch and see. [post 2 of 2]
3-9-2014 Newshound Guru Kaperoni Article: "Bankers: beware of infinite distribution of foreign currency in banks" [economic expert] Majid...is aware of a plan (new auction rules) to which he was told would raise the value value of the dinar against the dollar (referring to some change in the coming days). But he is stating what is happening now is contrary to a free market and may cause more harm than good and lower the value of the dinar to the dollar. And he [is] asking the CBI to reconsider what it is doing before it has a significant impact on the economy. [post 1 of 2....stay tuned]
3-9-2014 Intel Guru Frank26 [Hasn't it been stated that the budget HAS BEEN read TWICE, and the Kurds are happy? Isn't it official after 2nd reading? Can it now be posted in the Gazette?] keep in mind ...Two weeks ago I told You I TEAM left Baghdad assigned to S. A. for a month. At that time I told You the 2014 budget IS DONE. IMO...Budget before 17th.
3-9-2014 Newshound Guru Kaperoni Article: "Central sales fell at an auction Sunday" Looks like the CBI has definitely raised their commissions and the official rate to 1190. [Are they raising the rate to make more money or to get them closer to the 2%?] Raising the Official rate does both. 1190/1222 is 2.7% and they make more money since they raised it from 13 to 24 dinars.
3-9-2014 Newshound/Intel Guru BGG from now until about April 1st (ish) is a very hot window...provided Maliki doesn't stir up another hornets nest.
3-9-2014 Intel Guru Jester IT WILL HAPPEN EVENTUALLY... BUT IT IS SUCH A MUCH MORE CONVOLUTED PICTURE THAN WHAT MOST PEOPLE THINK THAT IT IS INCOMPREHENSIBLE TO THEM... THEY CANNOT GRASP THE ENORMITY OF IT.
3-9-2014 Newshound Guru Millionday i see that maliki is going to try, so we shall see -- to have complaints about the house speaker is not new...maliki maybe jumping up the wrong sleeve in my opinion -- he seems to be out there now that it is election time that is for sure -- acts as though the most important thing is the citizens -- where was he for the last 8 years. i think this is all just election time talk that maliki is giving -- wanting to remain in power --- lets hope it is his last stand.
3-9-2014 Intel Guru EXOGEN Per multiple conversations the bond activity that took place on March 6th was the 1 thing needed for the process to proceed. Those bond rates of $3.71 via CME facilitators & I.I.'s gives us the data needed. The larger bonds have followed and tranches have started moving fast in order from East to West. Rates are now at the Tier 2 bank screens. If all goes as planned this will be a week to REMEMBER!!!
3-9-2014 Newshound/Intel Guru Randy Koonce I am dropping a note to let people know that the rest of this weekend is looking good and every weekend up to the second week of April. Maliki wants this before the election and because of this the window I just gave is and will get stronger every week...So if it gets by this weekend then do not be discouraged the next weekend is just as good until April. WE are close and it could be tonight but if not just keep plugging away until April.. if we get by the election then I will let everyone know where we are at...Check CBI.IQ every day to see if it has changed...I am Extremely hopeful at this time. [Official cbi rate listed on the left of this screen in the Dinar Guru Resource Bar too]
3-8-2014 Newshound Guru Millionday [is there a date for the US to go with Iraq to WTO?] yes the middle of march -- i believe it is the 15th. [someone is seeing something to keep this from happening.. IYHO who might it be?] i dont know anyone that is keeping it from happening -- it seems that all that are supposed to be in the middle of this are working -- ...i see no one at all against it for any reason... [Like a surgeon, all steps and details are being laid out and implemented so that this goes off like they want it, no hiccups if at all possible so that their launch into world commerce is an extraordinary one. Agree?] i agree -- very important to do this right and step by step for progress and success -- so very precise indeed.
3-8-2014 Newshound Guru Millionday i will show you what they did --FORMALLY: "The Iraq Business Week activities included: High-level meetings at the White House, at the Office of the United States Trade Representative (USTR), and at the Departments of State, Commerce, Defense, Interior, and Treasury on political and economic issues including security, revenue sharing, and budget concerns. USTR-hosted a Trade and Investment Framework Agreement Council meeting on business development and trade diversification and ways for Iraq to advance its WTO accession process. World Bank, International Monetary Fund, Export-Import Bank, and Overseas Private Investment Corporation meetings to discuss development financing options." ...and that my friends shows you how close we are and there is more, its obviously a huge wow. [post 2 of 2]
3-8-2014 Newshound Guru Millionday Article quote: "senior representatives of the governments of the United States and Iraq held the inaugural meeting in Washington of the United States-Iraq Council on Trade and Investment (TIFA Council), which was established under the United States-Iraq Trade and Investment Framework Agreement" ...this is the strategic framework agreement. all of the economic development requires the reality rate for iraq`s economy and the monetary policy activated -- this is why this week is very very exciting for all of us. ...this is what they are spending this week on, getting it all set up and ready to be activated -- very huge. the US has stated this month they will be at the wto with Iraq which is all part of this agreement. [we can't possibly be waiting much longer with all this said?] i agree. [post 1 of 2....stay tuned]
3-8-2014 Intel Guru Hub my guy last weekend he was lead to believe this week was it, didn’t say when...the one thing i have said and go by is...iraq has had a valued currency for hundreds of years and will again...so i THINK they are at the end of the worthlessness and must move ahead to take their place in the global standing...seems all the info seems to keep getting closer and closer to the same end...
3-8-2014 Newshound Guru Kaperoni Article: "Iraq calls on Washington to boost cooperation to promote joining the World Trade" I am really getting the feeling that Iraq is holding this over our head..no WTO no currency...just a feeling. 3-7-2014 Intel Guru EXOGEN THERE WILL BE NO HIGH RATES, WITH THE EXCEPTION OF GROUPS WITH EXISTING CONTRACTS…BONDS WERE FIRST STEP, THEN RV, AND GCR WILL FOLLOW. MULTIPLE BOND CONFIRMATIONS GLOBALLY…THE PROCESS IS COMPLETED AND 1-800 NUMBERS WILL ONLY BE USED FOR CROWD CONTROL AND ARE NOT MANDATORY…THERE ARE NO DELAYS, AND USA PUBLIC EXCHANGES ARE PROJECTED TO START NEXT WEEK IF ALL GOES AS PLANNED….MISSION ACCOMPLISHED!!!!!
3-7-2014 Intel Guru OKIEOILMAN …LAST THURSDAY I ANNOUNCED I HAD LANDED…SINCE THAT TIME THE BANKS HAVE HAD IN POSSESION OUR "NUMBERS" AWAITING THE ACTIVATION CODE TO BE ISSUED BY THE U.S.T….TIMING IS EVERYTHING AND WE AWAIT THAT BASED ON VERY MINOR ISSUES THAT SEEM TO ARISE DAILY AND IS RECTIFIED DAILY… HAVING RECEIVED GOOD INFORMATION IN TODAY THERE IS A POSSIBILITY (NOTHING IS FOR SURE) THAT THIS WEEKEND MAY BE OUR TIME…NO ONE HAS CALLED THE TIMING CORRECTLY AND CERTAINLY I ALSO HAVE HAD INFORMATION THAT CHANGED…SUCH A FLUID SITUATION THAT TENDS TO MAKE ONE UNAWARE OF THE SUBSTANCE AND CORRECTNESS OF THE INFORMATION FURNISHED FROM HIGH UP AUTHORITIES…
3-7-2014 Intel Guru EXOGEN THE WIRE TRANSFERS FOR THE BONDS HAVE STARTED AND THE RATES ON THE IRAQ BONDS IS AT $3.71 AS OF TODAY…THE IRAQ PRIVATE BOND SALE HAS BEEN COMPLETED, AND THE RATES, TERMS, AND INTEREST IS FIXED, LOCKED AND CAN NOT BE CHANGED OR MANIPULATED VIA SEC GUIDELINES AND REGULATIONS…ARTICLE 8 WITH IMF IS COMPLETED FOR IRAQ… GLOBAL INSTITUTIONAL INVESTORS NOW HOLD THE BONDS, VIA PRIVATE PLACEMENT AND GLOBAL BOND SALE. ISX, EURONEXT, FOREX, AND ALL GLOBAL EXCHANGES ARE ON HIGH ALERT AND POSITIONED TODAY. [post 1 of 2 stay tuned]
3-7-2014 Newshound Guru tlm724 Appears to me that Iraq is actually putting its best foot forward as far as making things happen for the accession to go forward. IMO once again, I stand behind what I have said recently. Iraq is positioning itself for a big move and becoming a full member of the WTO is right around the corner!
3-7-2014 Intel Guru TNT Tony I talked to everybody this morning on both sides of ocean, several countries. Everybody is satisfied. Iraq, Maliki is happy. There are no issues with the UST, they have released it. They're not the ones holding it up. We are being told that we are waiting for something at IMF. We expected it last night and we are waiting for it...it can go at any minute, any hour, any day, whenever IMF is satisfied, it is on them. Everything is done. The are taking care of last minute stuff. Call centers are in, currency exchange centers went in at 10AM EST and the 800 #'s are released to the banks but they have been instructed to hold until publicly announced. Forex need NOT be open, we were told they don't care what time it is, when they say go, it goes. We're just waiting for big announcement.
3-7-2014 Newshound Guru Stryker Article Quote: "the visit is to inform the religious authorities in Najaf that the policy followed by the al-Maliki against the Kurdistan Regional policy is 'wrong.' " It is about time that Maliki's own religious groups understand and shares their thoughts about Maliki and the lack of leadership he has given to the Iraqi people. These are the things that can turn the table on Maliki and put pressure on him to stop holding up the currency reform through political posturing.
3-7-2014 Intel Guru TerryK Articles: "Barzani Baghdad implicitly threatens the separation of Kurdistan March 7th, 2014 BAGHDAD" "Hundreds demonstrate in Maysan to demand the passage of the general budget" WHAT THIS MEANS IS IF THEY DON'T RV THE CURRENCY LIKE NOW WE WILL HAVE TO SEND FORCES BACK TO IRAQ AND THIS MEANS IF THAT HAPPENS THEY WILL HAVE CIVIL WAR IN IRAQ. WAS ON A CALL TELLING ME THAT NO THERE IS NOT A RV LAST NIGHT BUT TO HANG ONTO MY BRITCHES AND HAVE MY SHOES NEXT TO THE DOOR.
3-7-2014 Intel Guru Jester THE PROBLEM WITH THE IMF IS SIMPLE...THE WHOLE WORLD COULD LIKE TO PASS SOMETHING AND IF THE US DOES NOT LIKE TO THEN IT IS NOT GOING TO HAPPEN...THEY HAVE 17% OF THE SDR'S [SPECIAL DRAWING RIGHTS] AND IT TAKES AN 85% MAJORITY IN THE IMF TO DO ANYTHING.
3-7-2014 Newshound Guru Tlar Article: "The year 2014 will see the deletion of zeros from the Iraqi currency, to be done in coordination with the CBI" this article is the best article in quite a while. It confirms many things for our investment. The first is it confirms no lop, it confirms it will happen this year 2014, it confirms, they will change the exchange rate itself, it confirms a dinar is a dinar (every note will be good and every denomination will be good), it confirms both currencies will be in use until all the old notes are collected, it confirms this will be an RV and not a float by this statement (the process of deletion of zeros will be provided by the new currency) meaning the currency will be issued at the same time they delete the zeros.
3-7-2014 Newshound Guru Med [will we see the revalue this year?] IF THEY WERE TO DO SO IT WOULD BE 4TH QTR OR LATE 3RD BUT IT IS DEPENDENT ON SEVERAL CHANGES. ONE IS PARLIAMENT AND TWO IS PRIME MINISTER. BUT POWER HAS TO BE TAKEN AWAY FROM THE CURRENT MAJORITY... I THINK THAT SERIOUS MOVEMENT FOR A FREE MARKET ECONOMY HAS TO BE DISCUSSED BUT REMEMBER THIS ALSO MEANS THAT THE GOVT CONTROLLED OIL INDUSTRY HAS TO BE GIVEN UP AND MOST OF THE REVENUES RIGHT NOW GO TO SUPPORT THAT MASSIVE OVER STAFFED GOVT... 3-6-2014 Intel Guru Bluwolf No bank source knows what is happening behind close doors, what is to occur and when. They know its suppose to be here by now, we are suppose to be moving along with our monies already secure...we are waiting for our 800#... everything talked about in the plan is still in play... Thats where we are at just about now, we are just waiting for that darn phone call.
3-6-2014 Intel Guru TerryK I GOTTA A FEELING...I THINK IT'S CALLED, A CHANGE IN VALUES COMING OUR WAY. WELL I'M BEING TOLD TO WATCH HARD TONIGHT. KEEP IN MIND WHAT I BRING IS GOV SPECULATION, RUMOR. SOURCES ARE SAYING THAT THIS IS AND COULD BE OUR NIGHT...
3-6-2014 Newshound Guru Aggiedad77 Article: "Maliki: We will act even if the budget did not recognize .. I call to suspend the parliamentary sessions!" Najafi you have made the big boss mad by not having the budget on the agenda yesterday as he asked you to do...what is the result...he's taking control of 2014 budget money and is going to start project implementation...he has the unanimous support of the COM in doing this and believes it is constitutionally legal...at the same time he is calling for an indefinite boycotting of Parliament...he points a finger directly at Najafi and blames him and others for conspiring to make the state fail...Maliki is pulling out all stops in his attempt to smear Najafi before the elections...attempting to turn the entire Parliament against him...Najafi wants the nomination for President of the Republic a position now held by Kurd Talabani.
3-6-2014 Newshound Guru wmawhite I used to get excited over intel/rumors ...not any more...today, I am happy and take comfort knowing that this is nearing its end because they, Iraq, CBI/GOI are telling us so. a couple of weeks ago when the CBI announced it's move into an Open Market Operation in conformance with the IMF...this investment, IMO, moved from speculation (IMO) into a much more conventional investment believing that the CBI/GOI are now going to do exactly what we as investors have always believed it would do. [post 2 of 2]
3-6-2014 Newshound Guru wmawhite we need to remember that it is the CBI that will change the value of the IQD...not Parliament. Iraq has more gold as reserves than most countries do...some estimated at over $80 billion, plus $84 billion in cash reserves...the bottom line is that their true value of the IQD is NOT 1166. They are prepared to change that now and they have told so too. [post 1 of 2....stay tuned]
3-6-2014 Newshound Guru Kaperoni Article: "Is the process will delete the zeros of the Iraqi currency to stop rigged?!" All I can say is WOW! This is exactly what Dr. Bakri said in his report...This article is correct that changing the currency in itself does not raise the value, but as the IMF stated "Balassa-Samuelson effect" meaning as the economy grows so does the exchange rate...in other words its a float! and it will rise based on supply and demand. And we know the new smaller bills could or would not be in circulation until the exchange rate rises. Quote: "the process of deletion of zeros will be provided by the new currency," In other words, the transition from larger notes to smaller notes "deletes the zeros" and its not a LOP.
3-6-2014 Newshound Guru Millionday they are making sure they are set to move forward with the banking reform finally and that will include the monetary policy. the fact that they are ready for the banks to hit the stock market and the banking to expand to foreign needs and also the growth for the country -- is the best as far as we are concerned -- huge and the timing is great!! (post 2 of 2)
3-6-2014 Newshound Guru Millionday Article quote: "The banks have a significant role in the next phase of Baghdad - the joy of pumice when expanding the limits of development increases the need for a bank more sophisticated and broader service center..." they are talking about the growth to come in the use of banks and the services -- this is time to activate the banking reform -- which can not be done without --- THE REALITY RATE. (post 1 of 2....stay tuned)
3-6-2014 Intel Guru TerryK [...do you think the delay for the RV is in Iraq or in USA?] USA. [So everything is complete and done in Iraq?] WHAT I HAVE BEEN TOLD YES. WHERE THIS IS STILL AT IS BETWEEN THE UN AND IMF AND THE USA...UST IS THE USA SIDE. THE UN AND IMF ARE SITTING HARD ON NOT GIVING INTO THE USA / UST UNTIL THE USA RELEASES HOLD OF VOTES TO CONTROL WORLD ACTIVITIES. WHAT I GOT THIS AM CALL IS TODAY LOOKS STRONG. 8.16 IS WHAT I HAVE BEEN TOLD. [any word on the rumour mill about the Dong at 6.05 sounds outrageous to me?] MY SOURCE IN COUNTRY IS TELLING ME THEY ARE HOPING TO HIT 2.22 BUT TO BE HONEST CANT SEE IT MORE THAN .25 COMING OUT AND FREE FLOAT.
3-6-2014 Newshound Guru Enorrste Article: "Is the process will delete the zeros of the Iraqi currency to stop rigged?!" this article is a confirmation that we are on the right track. There will be a beginning of a free float THIS YEAR, followed by a GRADUAL RISE IN THE VALUE OF THE DINAR which will lead to a GRADUAL REMOVAL OF THE LARGE NOTES as the value of the dinar rises. Our journey is about to bear its fruit, assuming nothing ELSE comes along to derail it!
3-6-2014 Newshound Guru Stryker Article: "Is the process will delete the zeros of the Iraqi currency to stop rigged?!" Quote: "memory that the currencies of existing and new will work at the same time without reducing the value of any of them until the full absorption currency Current" This IMO, says that all the currencies will have the same value and neither will be reduced according to this quote. Meaning each dinar no matter old or new will have the same value, example: Each dinar in a 25,000 dinar note will have the same value as the new 25 dinar note, IF each dinar is equal to $1 USD then the new 25 dinar note will be worth $25.00 USD and the 25,000 dinar note will be worth $25,000 USD.
3-6-2014 Newshound Guru Kaperoni The important thing to remember is they need to put all the pieces in place for the market economy before they begin to raise the value. Based on many comments, the value will be market driven...so they do not want to screw it up and have the currency fail. We need to be patient.
3-6-2014 Newshound/Intel Guru BGG 2) Key phrase…"while the value of foreign remittances 134 000 722 thousand dollars and the exchange rate was 1187 dinars per dollar…” – clearly makes the point there were “foreign remittances” – meaning NOT DINAR being remitted to the CBI…using the USD value as a baseline… FOR DINAR. [post 2 of 2]
3-6-2014 Newshound/Intel Guru BGG Article: "CBI records 163 million dollars in sales today" This is a couple of days old…I reposted it to make a couple of points…Recently they have been recording record lows…with 97,000,000 being the lowest in years.1) Key phrase…"He added that the bulletin showed that the number of banks participating in the auction today of 17 banks did not make any of them offers to sell the dollar.” <<< This implies the CBI DID NOT SELL any of the 17 banks USD…meaning they were selling them IQD ONLY. [post 1 of 2....stay tuned]
3-6-2014 Newshound Guru Millionday [...what...about no WTO ascension for ten years?] i have to say that the lack of active membership for 10 years is not what i think at all -- i can not imagine with all of the growth they have planned and the 5 year plan in place that they would not be active for ten years. we are in a very good spot and the news gets better everyday -- i am excited about where we are and see us not waiting much longer due to the plans they have set for the country and for the globe as well. [...CBI can revalue the currency at any time to move to a market economy.] i agree -- at anytime and it is one of the CBI steps and they are in the middle of getting them done one at a time -- so one of them is what we are looking for -- the change in the rate.
3-17-2014 Newshound Guru Millionday Article quote: "the deepening of bilateral economic relations is one of the main pillars that centered upon the Strategic Framework Agreement between the United States and Iraq." we obviously see that we are moving forward and they are in the activation and working within the strategic framework agreement. the strategic framework agreement has a huge part of the advancement to the globe economically and trade wise so this shows us that they are in a place that will activate the monetary policy -- it has to be done for all of this we are looking at to occur.
3-17-2014 Newshound Guru Red Lily "first reading of the budget amid the absence of the Kurdistan Alliance objector clause linking the region's share exported to (400) thousand barrels of oil per day, or cut from the amounts dues, indicating that in the Delete if sanctions imposed on the region at this point will attend the Kurdistan Alliance and the vote to pass the budget..." So it sounds to me the UNITED BLOC will not hinder the passage of the budget IF they are able to reach a compromise between ICG and KRG... I guess we shall see.
3-17-2014 Intel Guru TNT Tony On Friday, several CBI's were notified they were changing several rates...now we don't know exactly when it's going into effect. It's possible it can be over at any time. [Can you give us general idea of dong rate?] $.57 is what I got...once it goes international, everybody will get at least that...$3.71 international rate Iraq...Rupiah $1.05. Things are sounding good right at this moment. [post 2 of 2]
3-17-2014 Intel Guru TNT Tony Lots of people expected it to be over this weekend. It was ever so close...we were on the 1 yard line but didn't make it across. We are now on the half yard line...we'll see if we make it across this time. We're hearing things are scheduled to happen in US tomorrow & in Iraq. There have been changes negotiated at the last minute. Don't know if I am happy with them or not. It's in the IMF hands now and she is fighting a battle that she thought was over. [post 1 of 2....stay tuned]
3-17-2014 Intel/Newshound Guru Poppy3 [Do you see any problems after the R.V...With so many people trying to do their currency exchanges all at once?] nope it will be very easy --- remember there are less than 3% of the people in the whole usa that even knows about the dinar...no problems cashing out except finding the best place.
3-17-2014 Intel Guru Okie_Oil_Man TODAY, I AM HEARING TUES (TOMORROW), BUT I WILL REMAIN OPTIMISTIC AND CAUTIOUS, AS WE SEEMINGLY HAVE AN ONGOING DELAY, ONE AFTER ANOTHER. EVERY TIME WE HAVE HAD WHAT APPEARED TO BE SOLID INFORMATION, FROM SOURCES IN CHARGE OF THIS WHOLE PROJECT, THINGS CONSTANTLY CHANGED, OR ANOTHER ISSUE HAD TO BE ADDRESSED. WE AWAIT THE INEVITABLE. [post 2 of 2]
3-17-2014 Intel Guru Okie_Oil_Man I BELIEVE IT WAS LAST FRIDAY NIGHT I POSTED THAT THE WEEKEND WOULD CHANGE OUR FINANCIAL CONDITION. THIS POST WAS BASED ON THE INFORMATION RECEIVED THAT MONEY WAS TO BE [IN PLACE] LAST FRIDAY NIGHT FOR THE R/V. THEN SATURDAY MORNING, I WAS INFORMED TO EXPECT FUNDING SATURDAY NIGHT. THEN SUNDAY MORNING, I RECEIVED WORDS OF ANOTHER ISSUE THAT HAD ARISEN AND THAT IT HAD DELAYED THE R/V. [post 1 of 2....stay tuned]
3-17-2014 Newshound Guru Aggiedad77 Article: "Postponing the reading of the financial budget to next week" According to an underling of the President of Parliament (Speaker Najafi) the second reading of the budget will be postponed now until next week to give a tripartite committee time to discuss differences in the budget...IMO…'ll believe this when I see that the budget is not included on the Tuesday agenda. There has been plenty of time to discuss differences, now is a time to push the agenda forward.
3-17-2014 Newshound Guru Red Lily Article: "The Court ratified the decision for "commercial" as the Registration Agency Act takes effect 16-03-2014..." GOOD NEWS IMO...THIS IS PART OF THE "INVESTMENT LAWS AND TARIFF LAWS" IMO. ...THE TARIFF LAWS NEEDING TO BE PAST ALONG SIDE THE INVESTMENT LAWS...WILL PUT IRAQ ON TRACK WITH THE BIG BOYS...THE INTERNATIONAL COMMUNITY. FOR ANYONE WHO HAS STUDIED WHAT IRAQ NEEDS TO COMPLY TO INASMUCH AS WTO, IMF, WORLD BANK, WELL..... THIS IS PART OF COMPLIANCE AND IMO GOOD NEWS.
3-17-2014 Intel Guru Frank26 [JUST WANTED TO POINT OUT THAT JUNE IS ONLY 10 WEEKS AWAY...] I do not believe the GOI/CBI can survive financially that long. But more so nor...The World.
3-17-2014 Newshound/Intel Guru BGG though there is a lot of Dinar here in the US - informed sources seem to agree it is a far smaller number than is sometimes portrayed.
3-17-2014 Newshound Guru tlm724 "Finance parliamentary demands to hold the second reading of the budget next Tuesday" The parliamentary Finance Committee has demanded that the second reading of the budget bill on Tuesday. *hallelujah*
3-17-2014 Intel Guru MarkZ [Is there a considerable amount more that needs to be accomplished for this to be released?] There is. Yes, but it can be accomplished quickly in a matter of days. I am actually very hopeful for later in the week but it requires some serious work tomorrow and Tuesday. The GCR is upon us and close.
3-17-2014 Intel Guru Frank26 Protocol is thrown out the window with this RV...Just wait for it...It is coming. May I also say...Not only are the Kurds Happy...But so is the IMF! [do you think the delay may mean weeks or months in your opinion only?] Do not know because first I would have to believe in a delay. I do not. Granted there have been short pauses...But conquered quickly. I am of the school that feels a well planned Monetary Reform has been flowing like a Lava Flow. NOTHING Can stand in it's way...NOTHING!!! [post 2 of 2]
3-17-2014 Intel Guru Frank26 [Article -18 - This law shall be published in the official gazette and implemented after ninety (90) days from the date of publication. Does this mean no rate until June of this year. ie. 90 days from date of publication.] Normally it can be done within 30 days. IMO, This law is good but not what has delayed the RV announcement. All this while keeping in mind that last April 2013, The CBI said June 2014 is when they will lift the 000's. [post 1 of 2....stay tuned]
3-16-2014 Intel/Newshound Guru Poppy3 THE KURDS ARE NOT SHOWING UP BECAUSE THEY WANT TO MAKE SURE MALIKI CANNOT BE RE-ELECTED AND THEY KNOW EVERY HEARING THEY MISS PLACES MORE PRESSURE ON HIM. TIME WILL TELL FOR SURE BUT WE MUST ALL CONSIDER EVERY SENERIO POSSIBILITY. FACT REMAINS WE HAVE MOVED INTO THE BEST WINDOW WE HAVE HAD IN OVER A YEAR AND ALMOST EVERY MEETING AND DISCUSSION FROM THEM IS BASED ON FINANCE. THATS A GOOD THING.
3-16-2014 Newshound Guru Red Lily [new guru] Article: "Urgent….parliament concludes 1st reading of Budget Law Sunday, 16 March 2014" [Next one Tuesday?] CORRECT. [And then they vote on it right?] HOPEFULLY THAT WILL BE THE ONE "EVERYONE" WILL BE AT. I WAS READING...THAT THE KURDS WERE THERE TODAY AS OBSERVERS AND WAS NOT TAKING PART OF IT "TODAY" BUT WOULD BE THERE TOMORROW PERHAPS. WE'LL SEE. [do u think the reality rate is tied to the budget?] INASMUCH AS "SEEING" THE RATE POSTED IN THE BUDGET, NO. DO I BELIEVE THEY WILL APPLY THE NEW RATE UPON IMPLEMENTATION OF THE BUDGET... MAYBE AND THAT IS WHAT WE HOPE FOR WHEN WATCHING FOR THE PASSING OF THE BUDGET.
3-16-2014 Newshound Gurus Bondlady & tlm724 Quote: "Turki in a press statement that «the protection of Iraq's money in the United States expires in 22 of the next May, but our money outside the United States lifted protection two years ago»," so they no longer need our protection so they can take complete control...all the Kuwait issues have been resolved...Iraq will pay them $7 billion dollars in the first half of 2015. they have had it for awhile but they wanted us to protect it because of the claims that will be levied against the DFI fund per lawsuits of all kinds. [post 2 of 2]
3-16-2014 Newshound Gurus Bondlady & tlm724 Article quotes: "The management of the funds after the lifting of the protection it has become easy, especially after the Iraq fulfilled all its obligations and snuff out a large part of its debts inherited from the time of the former regime." "the member states of the Paris Club have had a prominent role in exempting Iraq from the commitments that were owed him as well as the states turn off the entire Amounts owed by the country towards it" no other country that I know of has this least amount of debt. so whatever remaining (debt) amounts that were due to the states of the Paris Club has been forgiven...pretty big stuff! [post 1 of 2....stay tuned]
3-16-2014 Newshound/Intel Guru BGG [never underestimate a desperate man. This electronic voting system is a bit of a worry. I believe Maliki will try and doctor the election as his last throw of the dice.] agreed. there is a mountain of evidence he has to overcome. [Do you think they would finally do a "no confidence" if he rigs the election?] it's not about the votes - it's about the coalitions...he has NO DANCE PARTNERS...he can only "rig" so much. [So if maliki does loose the election where does that put a currency change? Could it extend it months down the road until they get the government seated?] without the resistance from the current GOI - it should move forward easily. [post 2 of 2]
3-16-2014 Newshound/Intel Guru BGG Article quote: "Revealed an adviser to Prime Minister Nuri al-Maliki, al-Maliki told him that "in front of me three options are others after the parliamentary elections." 3 options...(via his advisor) 1) to escape out of Iraq... 2) a prison sentence because of litigation in large against him in the absence of victory elections 3) or a third term. "the Prime Minister is very afraid of the parliamentary elections due to declining popularity" (Uhhhhh - that's an understatement...) [post 1 of 2....stay tuned]
3-16-2014 Newshound/Intel Guru BGG The second reading of the budget is already on the published agenda for Tues the 18th...which means the first reading has to be before then. could be they will make changes Maliki cannot contest before the elections...we are about to see. I am not convinced it will contain a rate... further - it has been rumored the rate will show first - then the budget. but again - that is a rumor...there are an awful lot of things to be very hopeful about - one way or the other - things are changing. [post 2 of 2]
3-16-2014 Newshound/Intel Guru BGG Article: "Kurdistan: A meeting headed by Barzani will resolve the position of the budget and attend Sunday’s session Baghdad / Detection of the Kurdistan Alliance for the meeting will be held today in Erbil, headed by Kurdistan Region President Massoud Barzani, to take a decisive stand on the budget and attend the parliament session tomorrow..." they are basically meeting to get themselves together - they can't hardly accept this current deal from the GOI. [post 1 of 2....stay tuned]
3-16-2014 Intel/Newshound Guru Poppy3 THIS INFO FROM A VERY KNOWLEDGEABLE INTERNATIONAL CURRENCY SCHOLAR...HE JUST INFORMED ME THAT [THOSE] SAYING IRAQ HAS 80 TRILLION DINARS IN CIRCULATION ARE CRAZY. HE SAYS THEY DO HAVE SOME 84 TRILLION IN RESERVE ASSET's VALUE AND ESTIMATED ONLY 13 TRILLION IN CIRCULATION WORLD WIDE.
3-16-2014 Newshound Guru tlm724 Article: "Why you should not use Central Bank reserves (cover dinar) in the treatment of the budget deficit?" Currency reserves is the cover of the national currency and protector, ie it covers at least the currency of the people and the banks that are guaranteed reserve. This keeps the lid on the value of the currency and ensure its stability, which is an important condition for development. Quote: "So it has focused the Central Bank Law in Article 26 on the prohibition of lending to the government. Any lending that would put the Department of the Central Bank in violation of the law" so not only is the CBI saying no way you are getting those reserves but they also put it in the banking law making it illegal...how smart is that!
3-16-2014 Newshound Guru Tlar Great Idea from the CBI...Control all the cash dinars in almost all the independent banks. Turn it into just another electronic number to be reduced on D-day by three zeros and require those same banks to either deposit with the CBI their cash dinars from this point on, on a regular basis either daily or weekly in order to participate in the auctions. What a great idea. Through this action they control both the dinars from those banks and also tie in the amount of profit a bank can make selling dollars (10 dinars per dollar) thereby inadvertently controlling the exchange rate. This is no accident. Do you all realize how important this move is to an RV? It completes the picture. The CBI now is in control of virtually all circulating dinars. The CBI is truly ready for an RV as they themselves have declared in a few articles..
3-16-2014 Intel Guru TerryK NOW I'M BEING TOLD SOME THINGS WILL HAPPEN TOMORROW [SUNDAY] THAT TRIGGER THIS NEXT THURSDAY. SO LETS WATCH FOR NEWS TOMORROW AFTERNOON.
3-16-2014 Intel Guru Hub iraq has had a valued currency for the last 200 years and will again...things are going as they are supposed to be...just watch for this to happen...i personally think we are there...this has to happen...iraq can not last much longer without it... [What are your sources saying?] new york currency trader...said several weeks ago this is done just needs to be activated. 3-15-2014 Intel/Newshound Guru Poppy3 Maliki's advisor gave him "3" options, leave iraq, prison, or hope for third term ...Some of his own party members are accusing him of wrong doings…Other coalitions are as well. With Maliki seeming to be on his way out, I believe we will now have a much better chance of seeing the Iraqi dinar increase in value.
3-15-2014 Newshound Guru Kaperoni Article: "Financial control: protecting our money in America end in may" Quote: "all proceeds of Iraq from exporting oil and pulls from the proceeds at 5% is compensation for the 1991 war in Kuwait to pay all the debt of Iraq's Finance Ministry before receiving government supervision" Development Fund for Iraq." Well, usually Obama renews it each year...I know last fall an article came out stating that would not happen again. But the expiration is about 60 days away [May 22]. Guess we see what happens.
3-15-2014 Intel Guru Frank26 ...time, IMO...They are SO running out of it. The consequences of this prolongation will be catastrophic economically to Iraq and ALL those that...Bowed to her financially. The PROTOCOL of this IQD monetary reform has NEVER been seen before in earth history. It is a completely different animal never witnessed before in economic history... NEVER!!! NOTHING...This world will EVER see again. [post 2 of 2]
3-15-2014 Intel Guru Frank26 I do not know the date of the RV. But I know Iraq is doing things that can ONLY be defined as international moves based on some new rate that has allowed the IMF not to Interfere. So where is the FEAR in letting the rest of the world know this Is beyond me! Brazillion...Trazillions...Unlimitedzillions of IQDs are being used in front of our noses with a bravado of disrespect to the International World. SOOOOOOOOOOOO MANY promises being signed with insane logic at 1166. [post 1 of 2....stay tuned]
3-15-2014 Newshound Guru tlm724 ...inflation is rising 1% every month which is really bad and this is happening on multiple levels, because of Iraq's importing policy...their currency fluctuation is hurting the economy in a big way forcing them to use the dollar but because they use both currencies on a daily basis it is making things worse. we KNOW they have committed to using the dinar both in contracts and for foreign transactions so this just tells me they are boxed in with their current monetary policy which is a very good thing for us! the economy is crashing slowly each day IMO again forcing a move.
3-15-2014 Newshound Guru Aggiedad77 "It is not possible to postpone the general budget bill to the next parliamentary session" A legal expert has expressed his opinion that the budget cannot be postponed to the next parliamentary session...which I take to mean the seating of the new parliament after the elections...this needs to happen and happen now.....he says it could be done in 10 days time if Parliament would get serious about its work. 3-14-2014 Intel Guru Okie_Oil_Man FROM INFORMATION RECEIVED DURING THE DAY TODAY IT APPEARS AS THIS WILL BE THE LAST WEEKEND FOR YOUR FINANCIAL CONDITION TO BE IN IT'S CURRENT POSITION. I FULLY EXPECT THIS WILL BE OUR WEEKEND TO RECEIVE OUR BLESSING.- GONNA SLEEP LIKE A BABY TONIGHT FOR THE FIRST TIME IN A LONG TIME----WHEW--WHAT A RELIEF- BEEN A LONG TIME COMING HASN'T IT?
3-14-2014 Newshound Guru Med I SEE WE HAVE SOME GOOD NEWS OUT OF IRAQ ON THE ELECTIONS. IT WAS IRANS SUPPORT OR ...THEIR PRESSURE ON THE SADRISTS ON OTHER FACTIONS WITHIN THE IRAQI GOVT THAT ALLOWED MALIKI TO GET A SECOND TERM. BUT, IT APPEARS THAT MALIKI WILL NOT GET ANY SUPPORT FROM IRAN AND IT ALSO APPEARS THAT HE HAS LOST MOST OR ALL OF HIS ALLIANCES WITHIN IRAQ. THIS IS NOTHING BUT GREAT NEWS.
3-14-2014 Newshound/Intel Guru BGG [is the budget meetings still the 16th and 18th of this month?] sounds like Sunday is the start of things...is what is being advertized. Budget progress is very good - but I am not convinced they are "inextricably linked". [...is the window still until 4/1 or extended beyond elections and new GOI?] "THE WINDOW" is a little absolute. I like our prospects for the near/mid-term - one way or the other things are moving along nicely.
3-14-2014 Intel Guru TerryK GETTING WORD THAT THINGS ARE TO HAPPEN THIS WEEKEND THAT WILL SET UP THE RV FOR NEXT THURSDAY BOTH FOR CMKX INVESTORS AS WELL AS THE DINAR AND DONG. THAT'S THE WORD I JUST GOT.
3-14-2014 Newshound Guru Aggiedad77 "Law is likely to pass the budget after reading next Sunday" The State Law coalition is predicting that the budget will get through its first reading on Sunday....it is also predicted that the Coalition United will show up for the first time in 2014, if so Parliament will have a quorum to get thru the budget with or without the Kurds.
3-14-2014 Intel Guru TNT Tony ...I was prepared to give you a lot of good info. Unfortunately I just received 2 calls from separate 3 ltr [letter] agencies ...things are at a delicate position today and they don't want us to effect what is going to occur over the weekend. I can tell you that things are a lot more visible than they were yesterday and that they are in writing. Everyone is in place and we should have a superfantastic week ahead. Please take this weekend to make sure you have everything required to do your exchange. If you need to do gift letters before the rate changes, I suggest you spend time doing that right now. That's all I can say right now, don't want to mess anything up.
3-14-2014 Intel Guru Frank26 IMO, If You adhere to this approach it should help Your confusion. Forget bonds...Budget...GOI...ONLY pay attention to the CBI. Everything else sits on unstable sand That is quick To change.
3-14-2014 Newshound/Intel Guru BGG [doesnt Iraq need a set rate for all the contracts and mou's they are holding?] I don't know that to be fact. I'm unsure anyone does. [Can't see it "float" up from the artificial rate...does no good for the country.] I agree. However, no matter where it starts (or how) it will not be very long until it arrives at a "natural rate" - or "reality rate".
3-14-2014 Newshound Guru Stryker Article: "Upper: Maliki has four allies and winning the third term is very difficult" I like this article a lot..Some of his own party members are accusing him of wrong doings...Other coalitions are as well. With Maliki seeming to be on his way out, I believe we will now have a much better chance of seeing the Iraqi dinar increase in value.
3-14-2013 Intel Guru TerryK [guess we are watching for Monday RV?] I'M WATCHING FOR THIS WEEKEND... I JUST GOT A CALL FROM CMKX GUY. HE IS ALL HOT AND HEAVY TELLING ME THIS WEEKEND IS LOOKING SUPER DUPER FOR CMKX AND RV. WHAT IM HEARING IS ALL GOOD. WATCH FOR IT SUNDAY.
3-14-2014 Newshound Guru Aggiedad77 Article: "Barzani meets with the House of Representatives in Baghdad next Saturday before the public budget hearing" Barzani will be meeting with the Kurdish MP's from Parliament on Saturday, ahead of the Sunday session where the budget is scheduled to be read for the first time. He will be bringing them up to date on the latest situation between Erbil and Baghdad on the budget issues...this is the coach telling the players the next play and who has what responsibility.
3-14-2014 Newshound Guru Kaperoni The CBI can change the rate at anytime and they have done so over the years. Shabibi raised the value on a few occasions. That is not the issue. The issue is what clearly has transpired over the last year and a half which is a decision to develop the banking system to a level in which they can open it up to the world and that includes IMF Article VIII that will build the market economy. Two completely different issues that have same results. [post 2 of 2]
3-14-2014 Newshound Guru Kaperoni Article: "Expert economic: the advancement of Iraq's economy is the rise of the private banking sector" In March of 2013 the IMF said their was more work to be done to get the banking system ready. Since then, a lot has happened. Several international banks, etc. have also opened. It is frustrating that they cannot seem to pass these laws, but I doubt that progress will be held up due to this issue...they will find a way to pass them soon. They say they will pass a bunch of legislation before the end of the session which is sometime in April just before the elections. Cannot predict if they will or not. We wait and find out. [post 1 of 2....stay tuned]
3-14-2014 Intel/Newshound Guru Poppy3 RV IS BASED ON MALIKI'S SITUATION ONLY AND HAS BEEN FOR THE LAST TWO YEARS FOR SURE. HE HAS MANIPULATED THE SYSTEM TIME AND TIME AGAIN TO CONTROL PARLIAMENT AND HE DEFINITELY CONTROLS TURKI AND THE CBI--- WHEN HE GETS WHAT HE NEEDS THE RV WILL HAPPEN--- THE GLOBAL OR INTERNATIONAL FINANCE BANKING SYSTEM WANTS IT YESTERDAY JUST LIKE WE DO. BELIEVE ME WHEN HE [MALIKI] GETS SOME PROTECTION ONE WAY OR THE OTHER SUCH AS BEING RE-ELECTED OR HE GETS FULL AMNESTY, THE CURRENCY WILL GET A VALUE BUT RIGHT NOW THAT IS HIS WHIPPING STICK ON EVERYONE ELSE TO TRY AND GET WHAT HE NEEDS AND HE WILL USE IT TILL HIS LAST CHANCE IS GONE. 3-13-2014 Intel Guru TerryK HOPE THAT WE HAVE SOME GOOD NEWS IN THE AM. KEEP THE FAITH ITS COMING. ALL INDICATIONS ARE WE ARE THERE.
3-13-2014 Intel Guru Bluwolf The rates are contemplated the same...My thoughts as always we have been alerted and we are on standby for our exchange and this can happen at any second, we have no knowledge of any delays, banks abroad are waiting for your Washington folks to get it rolling, last word out is that it is now in motion.
3-13-2013 Intel Guru EXOGEN GCR and RV projected within 5 days if all goes as planned.
3-13-2014 Newshound Guru Aggiedad77 "Sources: Iran informed the Kurds not to consent to (the third term) .. Barzani and the National Alliance between good alternative to the owners or separation" I would say the Kurds stand at a cross-roads in deciding do they want to put up with Maliki for another 4 years...or do they go along with Iran and push for his expulsion from the government...they appear to have support from a couple of other blocs if they choose to seek it and make something happen even prior to the election....but would this throw Iraq into an even deeper turmoil than exists today.
3-13-2014 Newshound/Intel Guru BGG [what is the current thoughts on the best time for M [Maliki to release the RV from an election stand point. soon or closer to election day?] If it boils down to 2 weeks prior to - I doubt we see until after - but anything is possible. [releasing the RV wont win votes after the election.] great point. [What makes more sense to you: Release the rate then approve the budget or the reverse?] right now - rate first budget second...but that is relative to the immediate situation...which could change. if Maliki can't get budget consensus and needs electoral help - rate first.
3-13-2014 Newshound Guru Kaperoni Article: "Expert economic: the advancement of Iraq's economy is the rise of the private banking sector" ...its pretty clear that parliament has to pass these laws that are needed for economic and banking reform before we will see the dinar rise. You cannot blame Maliki for that...he is suing parliament because they are not passing any of these laws.
3-13-2014 Intel Guru Frank26 [what do you think or like to see them do on Sunday?] Give us more info on Auctions...Budget...Bonds...New rate and...Art 8 status. They are increasing CAPITAL...Pleasing IMF...They are doing well...They will soon tell You of this accomplishment. I hope...SUNDAY. Article: "Next Sunday ... start the IPO capital increase 'Economy Bank for Investment'." Or...Maybe they tell You today...UNBELIEVABLE!!! Either we are GOOD!!!
3-13-2014 Intel/Newshound Guru Poppy3 just got another notice confirming all these people stating the bonds have been sold are full of it because no bonds have been sold period. They still have no backing from any country or banking source and even though it has been reported at $3.71 rate...that sounds great, it really means zip until the value truly is changed on the international front. MY thoughts are if this $3.71 rate is anywhere close to the rate it sure doesn't sound like a float to me. They will be close to KUWAITS value in my opinion very soon.
3-13-2014 Intel Guru Jester [do you think they are waiting for a certain event to happen before they pull the trigger?] NOPE. WHEN THEY GET THE SITUATION UNDER CONTROL TO THEIR SATISFACTION THEN THE BIG PICTURE WILL BE FINISHED AND READY TO PRESENT TO THE WORLD. WE ARE CLOSER THAN WE WERE. I DO BELIEVE WE ARE IN THE RIGHT PLACE. NO INVESTMENT WAS EVER IN YOUR OWN TIMEFRAME... SO JUST BE PATIENT...IT IS GETTING DONE...IT IS LIKE A CHESS MATCH...WHEN THE OPPONENT DOES SOMETHING STRANGE TO CHANGE THE GAME IT TAKES A FEW MOVES TO GET THINGS GOING BACK THE OTHER DIRECTION.
3-13-2014 Newshound Guru Kaperoni Article: "NET and the World Bank to discuss activating the permanent development of the banking system" [I betcha it takes a VERY long time!!] Nah...the banking system is what will drive the market economy...The very same market economy that they said would reduce oil dependence to 70% or less before 2017 as part of the 2014-2017 development plan. Iraq needs to diversify, its not a open window for that to occur...time is of the essence. The banking system will open soon and the dinar will go to Article VIII with a new exchange regime (float) which will let it rise based on principles of supply and demand.
3-13-2014 Newshound/Intel Guru BGG [Do you think thay can cover all the dinar in circulation without a lop?] If there is all this 80+ Trillion of three zero notes in circulation - why is the CBI having such a problem providing for the day-to-day liquidity needs of the Iraqs currency and banking market? Where is it all at? It is common knowledge the (based on articles and complaints by the Finance Committee, Economic Committee and private bankers) they are only supplying about 1/3 of what is needed. [some time ago it was said that you went to be so close to Kuwait as far as the value of the dinar...is that true then and is it still?] I still suspect once things move ahead you will see a "reality rate" near that range whether it starts there or not. Once it gets going, managed or otherwise, it won't be long before it gets to the place they ultimately want it.
3-13-2014 Newshound Guru Aggiedad77 Article: "Iran turns its back on Iraqi PM Nouri al-Maliki" What a turn of events...Iran has turned its back on Maliki and is asking the Kurds to find a replacement...there are reports that the National Iraqi Alliance is divided at this time which gives the Kurds the ability to ally with the al-Iraqiya List and the Ahrar bloc to remove Maliki...could they be singing Maliki's swan song...and they are speaking of getting this done...even before the elections. 3-12-2014 Newshound/Intel Guru BGG [You mentioned...some type of financial control or penalty that the United States had to ensure that Maliki held the elections as scheduled. Is that still the situation? I am concerned about Maliki doing something to delay the elections.] there is rumor of such - it appears the world is watching. [Talking of value or the bonds being sold this Thursday? What rate! More so, can they do this with out RV?] I am skeptical about the bond issue. They appear to be shelved for the moment...I don't see how they can "sell into" such deficit position on the Bonds if they haven't "enhanced" the value of their currency...if they are going to "create wealth" out of thin air (the essence of a Bond issue) why do it at 1166 and then have to pay back at 3 bucks - make no sense and the CoM has shown the concern over such a "trick bag". [poppy3 (and) millionday say were so close, are we, you think?] I am very hopeful for the near term. One way or the other.
3-12-2014 Intel/Newshound Guru Poppy3 [(Can) anyone explain these so called Iraqi bonds that were sold...?] MY REPORTS HAVE STILL BEEN THAT NOT ONE BOND HAS BEEN SOLD. YES THE RATE IS ON THEM AND THEY ARE PRINTED AND READY JUST LIKE THE LD'S BUT THEY HAVE NO BACKING ON THEM AND HAVE NEVER BEEN SOLD PERIOD.
3-12-2014 Intel Guru Jester I DO THINK THAT THINGS ARE HAPPENING BUT THIS DOES NOT RELATE TO ANY PARTICULAR DATE. I BELIEVE THAT THERE IS STILL THINGS THAT HAVE TO HAPPEN. I KNOW THAT THERE IS NO WAY TO PUT A BACK WALL OR FRONT WALL OR SIDE WALL ON THIS THING. THAT IS THE PROBLEM. EVERYONE WILL LIKE TO SAY THERE IS SOME POINT THAT WILL SIGNAL THE END AND THAT IS SIMPLY NOT THE CASE. IT IS A VERY FLUID SITUATION...WITH EACH ACTION THERE IS A REACTION AND THEN A REASSESSMENT OF WHERE THINGS ARE AND THEN A REALIGNMENT OF THE PLAN TO MAKE SURE IT GOES THE WAY THEY WILL LIKE IT TO. IT WILL HAPPEN WHEN THEY GET THINGS...UNDER CONTROL TO THEIR SATISFACTION.
3-12-2014 Newshound/Intel Guru BGG I do think we are in a very hot window for a lot of political reasons, right before these elections.
3-12-2014 Intel Guru TNT Tony Banks are ready and in position, in lock down, waiting for phone to ring. Christine Legarde is still to make the decision for the exact moment in time for this to go. Some folks have waffled and she's making sure they can't come back and say, "I didn't agree to that". It is done. The rates are at the banks, on the screens. We know the rates but were asked not to talk about them. It can go at any moment. [post 2 of 2]
3-12-2014 Intel Guru TNT Tony The window is still through Saturday and getting smaller. I have heard nothing to change that time frame yet. Everything is still progressing and looking good. There are some small nuances but we are in a good position overall. I've been told it could happen any minute, 10 minutes, an hour or 36 hours. We have seen significant things happen over last 48 hours. China has moved tons of gold to finalize this situation. Iraqi bonds are in USA and can only be purchased with IQD. There is a scheduled start date to sell and cannot happen without an RV. [post 1 of 2....stay tuned]
3-12-2014 Newshound Guru Aggiedad77 Article: "The central bank seeks to stabilize the Iraqi dinar against the U.S. dollar" the Association of Private Banks is holding workshops in conjunction with the CBI that explains to the banks the latest developments and change with regards to the exchange rate of the dinar against the USD...also of note here is that the CBI announced their reserves totaling $80 billion USD and now 80 tons of gold.
3-12-2014 Intel Guru Mnt Goat From everything I am hearing the Iraq budget is completed and signed off by all parties. It is waiting in the wings for publication in the gazette, which should take place this week. The news is just so very good and encouraging this week. It is filled with hope that we will all be exchanging our currencies very soon. This has been a long journey for many but I assure you now it will soon be over. [post 3 of 3]
3-12-2014 Intel Guru Mnt Goat These bonds are expected to be released to the international financial sectors tomorrow, Thursday 03/13/14...if all goes well there would have to be an international announcement of some kind to satisfy investors that the IQD is now internationally recognized. To do this a revaluation from the provisional post-war currency to the permanent dinar at the non-inflated rate would be necessary. Banks in Iraq have had the lower denomination bills stock piled in their faults for well over 6 months now in anticipation of this event. [post 2 of 3....stay tuned]
3-12-2014 Intel Guru Mnt Goat My contacts from Iraq, the IMF and the US government are all excited about what is about to happen. I have been told the US government has finally made a decision to release the global currency reset (GCR) pending certain conditions were met. All these conditions have been satisfied. More excellent information was forwarded to me about the Iraq Bond situation. We also now know that, by these bonds, a minimum rate is established that any revaluation of the IQD must meet in order for these Bonds to be successful in funding their intended programs. Thus the purpose of the bonds. [post 1 of 3....stay tuned]
3-12-2014 Intel Guru Jester THE US IS NOT IN CHARGE NO MATTER WHAT THEY SAY...AND THE CENTRAL BANKS ARE THE PROBLEM THEY ARE TRYING TO SOLVE AND I THINK THEY WILL BE SUCCESSFUL IN THAT ENDEAVOR...THEY BEING THE ONES THAT ARE IN CHARGE OF THE BIG PICTURE... [what exactly should we be looking for to happen that would allow the GCR/RV to happen?] FIRST OF ALL THERE IS NOT ONE ELEMENT TO SEE THAT WOULD TIP YOU OFF. SECOND...I DO BELIEVE THAT IT IS DESIGNED TO BE HARD TO SEE. THIRD...I ALSO THINK THAT IT CHANGES DAILY AND IS THEREFORE A FLUID SITUATION. FORTH...THEY WILL NOT HAVE ANY ONE THING TO "ALLOW" IT TO HAPPEN. IT IS ALL A PLANNED ACTIVITY.
3-12-2014 Newshound/Intel Guru BGG My comments to a recent TV spot on the Iraqi Dinar Investment... Is the Dinar a scam?? It cannot be – it is the currency of a country. Will it be a “windfall”?? No one can know for sure – Iraq has become a complicated mess….but I’m in it to find out. Do I agree with the “know it alls” (or know nothings) on the left claiming there is 80 (something) Trillion Dinar in circulation?? Absolutely not – the actual reported numbers on amounts in circulation are highly suspect. Truthfully, no one can know for sure. Do I agree with the “scambags” on the right – NO WAY!! They are in this to “scam” you and make out for themselves. BEWARE!! If it’s proof you want – look no further than PG 94 of the April 2012 (quarterly) SIGR report to Congress (they get one every quarter)… [Dinar Guru will be sending out the full video soon to members - be sure to sign up in the blue box above!]
3-12-2014 Intel/Newshound Guru Poppy3 Every news article we have seen for the most part for almost 2 months from Iraq have been about finance and they continue to take steps to accomplish things that we feel sure have to be done. I don't necessarily agree that the budget is key to the RV to take place. I personally believe that we are getting closer and closer. I feel that Maliki has to have the Amnesty Law in place or he has to win the election. Think about this...Turki is in charge of the CBI, the CBI is the one that has to do this. Turki was put in place by Maliki and Turki is a puppet for Maliki. Maliki holds the key to Turki and Turki holds the key to the CBI and releasing the RV and that is what we are up against. The only way Maliki can win the election is he has to get the RV done and win the favor of the people and he has to do it in enough time ahead of the elections so that they see the results from it. 3-11-2014 Newshound Guru Enorrste Today there is no talk of a LOP in IMF or CBI articles. It is all leading toward the "gradual rise" in the value of the dinar, which is a float. On the other hand, if you believe that Maliki wants to LOP the currency, then that is another point altogether. Maliki would then be on a "different plan" than the CBI. However, I find that Maliki's position is not known to any of us. Instead, all we "know" is that he is stalling. [post 2 of 2]
3-11-2014 Newshound Guru Enorrste ...we knew there was an original plan but the question is what exactly was that plan? For years we thought it was an RV plan. Now we believe the new plan is to float the currency. Was that also the original plan. Or...was Shabibi's original plan to LOP the currency? In any case, the "current" plan is clearly for a float of the currency. We have verified that through both IMF documents and CBI documents. The only people who talk LOP currently have been shown to be uninformed, as far as I can tell. [post 1 of 2....stay tuned]
3-11-2014 Intel Guru Okie_Oil_Man AS I HAVE STATED PREVIOUSLY THIS WEEK SEEMS TO HOLD A LOT OF HOPE FOR US ALL. THE RECENT IRAQI BOND SALE INTERNATIONALLY MAKES THE R/V OF NECESSITY TO BE RECOGNIZED HERE IN THE USA PROMPTLY. AS I STATED BEFORE THIS LOOKS LIKE A WEEK OF HIGH EXPECTATIONS BASED ON THE RESULTS OF MEETINGS THAT HAS/IS TRANSPIRING.
3-11-2014 Newshound Guru Aggiedad77 Article: "UNDP and JICA agree to enhance their partnership to accelerate the "recovery" Iraq's economic" The Japanese Agency for International Cooperation and the UN Development Program signed an agreement to accelerate the implementation of infrastructure projects and economic development in Iraq...these two entities would not be involved with Iraq...they would not be investing money in Iraq they way they are if they did not see a future for Iraq...they know of good and great things to come...and so do we.
3-11-2014 Newshound Guru Kaperoni IMF Article IV Consultation Quote: "Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate," This is exactly what we want to happen. The IMF is saying clearly moving to a flexible exchange regime, will let the dinar rise in value gradually (nominal exchange rate means dinar to another currency like the dollar [1166:1]). Knowing the IMF must approve, it is clear...the dinar will rise gradually via a new exchange regime (float). That is all that is stated and no other options are given.
3-11-2014 Intel Guru Nova [via anonymous] the Iraqi Bonds are sitting in Chicago waiting for the world to be told Iraq has an international rate. the Chicago Board of trade cannot sell these Iraqi bonds without international status because the sale must be deposited in Iraq in IQD. Nova had said months ago that at the end Iraq would be unable to hide it anymore…..and we are there.. we are seeing it and it cannot be hidden.
3-11-2014 Intel Gurus Frank26 & Delta I-Team reports that key people are coming to the US...not for dickering and negation but for handshakes and celebrations. The I-Team also agrees the budget is passed and signed and done… they believe it has gone through parliament, COM, been signed by all 5 players, and is sitting on someone’s desk waiting to be published in the Gazette.
3-11-2014 Intel Gurus Frank26 & Delta [via anonymous] ...the news is all positive. the Chicago board of trade is now selling Iraqi bonds…This is confirmed by many sources. The bonds are being sold in large chunks indicating it is more then the average investor can afford so probably still being sold to countries...the first batch of bonds according to the internet is $3.71. the Iraqi Budget is already passed and signed...the Iraqis are behaving like they are already wealthy. Do they know something?
3-11-2014 Intel/Newshound Guru Poppy3 [does anyone know the current status of the amnesty law...] ACCORDING TO THE LAST UPDATE I HAVE HEARD THE AMNESTY LAW HAS NEVER EVEN BEEN READ. IT WAS REPORTED TO ME LAST YEAR THAT A PARTIAL LAW WAS PASSED BUT THAT WAS IN JUST TWO REGIONS AND WOULD NOT PROTECT MALIKI...
3-11-2014 Newshound Guru tlm724 Article: "Claims the establishment of free zones for trade exchanges with Iran and Turkey" these free zones are very important, not only does it attract outside investment and offer tax free business transactions it promotes and meets the requirements for the WTO.
3-11-2014 Newshound Guru Shredd [do you think the CBI will tighten those reins or loosen them?] I say tighten which is good...they need to have total control to ensure a stronger, more relied upon dinar will be safe...supply needs to be controlled so it's good news to me. the main problem lies in that the impact of the dinar is exposed to the pressures of many may be internal or external, political, and security in addition to the pressures of economic, social and administrative. so, the removal of the large notes and bringing value to the dinar will bring many solutions. [post 2 of 2]
3-11-2014 Newshound Guru Shredd Article: "Bankers: beware of infinite distribution of foreign currency in banks" the cbi is getting so very close on needing to act...with all the continued focus on removing the zeros, i think they will move forward with the project this year, starting it, that is. you can see the restrictions on the distribution of foreign currency so that tells me the plan to move to the dinar is still in play which I think we all trusted but hoped wouldn't delay. [post 1 of 2....stay tuned]
3-11-2014 Intel Guru Jester I FIRMLY BELIEVE THAT THE RESET WILL BE DONE IN A WAY THAT WILL BENEFIT ALL...AND RIGHT NOW IT WILL NOT BENEFIT ANYONE BUT THE US AND THE BRICS...ONE OR THE OTHER...SOME THINGS STILL NEED TO CHANGE.
3-11-2014 Newshound Guru Millionday [Giant TV's being placed in Iraq?] actually that is huge news...they set up in the middle of prayer time huge tvs to televise big information -- press are there and we have seen it a couple years ago so this is very big news...it could be for elections but seems a little early so we shall see...the big screens have been thought to be signs of RV many times but they have then been used for business or other things that needed reported. 3-10-2014 Intel Guru TerryK BIG THING I'M HEARING IS THAT WE ARE TO SEE THIS WITHIN A FEW DAYS BEFORE THE 15TH...AGAIN ANOTHER DATE...TREAT WITH RUMOR.
3-10-2014 Newshound Guru Aggiedad77 Article: "Kurdistan pending a formal hearing on Sunday to discuss the budget: We will not attend" The Kurds are saying they cannot attend the next Parliament session where it is likely the first reading of the budget will take place...if the Coalition United returns to Parliament as they have indicated they will....the Kurds will sit on the sidelines and watch the budget slap them in the face as it did last year....without their having a say.
3-10-2014 Intel/Newshound Guru Poppy3 THEY SAID DON'T LET YOUR EMOTIONS GET TO EXCITED BUT THEY THINK WE ARE DEFINITELY WITHIN THE BEST WINDOW SINCE LAST JUNE WHEN THEY THEMSELVES BOUGHT LARGE SUMS OF MORE DINAR BECAUSE THEIR CONTACTS WERE ALL CONVINCED WE WERE AT THE WINDOW OF THE RV WITHIN A COUPLE DAYS YET HERE WE SET STILL WAITING. SMILE...THIS IS ALL GREAT PROGRESS. [post 3 of 3]
3-10-2014 Intel/Newshound Guru Poppy3 THE CBI AND ALL PARTIES APPEAR TO BE LINING UP TO HAVE ALL THEIR DUCKS IN A ROW AND CAN RELEASE AT ANY MOMENT BUT THEY SAID USE EXTREME CAUTION AND TO PAY CLOSE ATTENTION TO MALIKI'S ACTIONS MORE THAN ANYONE ELSE AT THIS POINT, HE HOLDS THE KEY TO TURKI AND TURKI HOLDS THE KEY TO THE CBI VAULT WHERE OUR MONEY IS BEING HELD FOR RANSOM FOR MALIKI'S BENEFIT ONLY. [post 2 of 3....stay tuned]
3-10-2014 Intel/Newshound Guru Poppy3 ...our status according to two sources in Bagdad: THEY FEEL MALIKI IS GETTING DESPERATE FOR THE RV AND OR THE FULL AMNESTY LAW BEING CONFIRMED. HE IS SCRAMBLING TO TRY AND GET ONE OR THE OTHER ACCOMPLISHED BUT HE WILL HOLD OUT TILL THE LAST SECOND TO HAVE TURKI RELEASE THE RV BEFORE THE ELECTION BUT THEY SAY HE KNOWS FULL WELL WITHOUT THE AMNESTY LAW PASSED HE CANNOT FAIL TO BE RE-ELECTED AND HIS STATUS OF BEING SO VERY UNPOPULAR WITH THE PUBLIC WILL PREVENT HIM BEING ELECTED FOR A THIRD TERM. [post 1 of 3....stay tuned]
3-10-2014 Newshound Guru Millionday [is the budget going for discussion this week or next?] tuesday [tomorrow] second reading and sunday the 15th should be the vote as planned...we will see what happens tomorrow on the agenda. i say the first reading was weeks ago -- second tuesday -- vote sunday...this is iraq so we wont be surprised if it changes. [So if this happens as planned...New rate should precede?] some think before but they are working on the monetary reform per CBI and announcements so we shall see if nothing happens.
3-10-2014 Newshound Guru Aggiedad77 Article: "Before agreed .. the inclusion of the budget next Sunday" It appears at this point that the 2014 Budget will be on the agenda for the Sunday Parliament session for its first reading....and again on the agenda for a second reading on Tuesday next week. Article: "United: We will attend Sunday's session if the agenda included a general budget" So the Coalition United will attend the Sunday Parliament session if the budget is on the agenda....we have already heard that it will be....this could spell trouble for the Kurds as the United group will provide a quorum if all others blocs show up.
3-10-2014 Intel Guru TNT Tony Everything is in position and the announcement can come at any moment. There are some final things being changed, i's dotted and t's being crossed. Christine Legarde is feeling the pressure. She wants to make sure when it happens it can't come back on her. The 800's have been released to the banks and have had them for a week. UST has released and the rates locked...we should be eligible for higher rates. [When do you think this is gonna happen?] It should happen before Saturday but could be this afternoon. [You have mentioned the RV 24-48 hours before the GCR. Is that still in place?] The answer is no, it can happen at any time. Everything we are hearing is good...any moment one person could make that decision that will change our lives forever...we just don't know when she'll do it.
3-10-2014 Intel Guru EXOGEN Per multiple conversations $3.71 (IQD) number is visible at T1 & T2 banking levels as it ties to the bonds. The first phase of the process is now in full motion and the larger bonds are now moving in conjunction with the strategic positioning of the Gold Certificates. The Rupiah and VND have rates showing and holding. The next 7 days looks very promising.
3-10-2014 Intel Guru Okie_Oil_Man I AM AWAITING ACTIONS REGARDING MEETINGS HELD OVER THE WEEKEND THAT WAS REPORTED TO ME AS BEING VERY POSITIVE. I AM VERY HOPEFUL OF THIS WEEK BEING "OUR TIME".
3-10-2014 Newshound Guru Millionday Press conference quote: "The head of the House of Representatives decided to hold a session for the Parliament next Sunday and the budget law will be added to its agenda." Nujaifi called on all MPs to attend the session because there is no any excuse, and the budget bill will be added to the agenda and the name of absentees will be announced in the media...sounds like they are talking majority vote...i hope majority -- i am sick of them not showing up and holding it up for the people -- even though the raise in the rate and the rates being shown by cbi is part of the monetary reform and can be done without a budget in place.
3-10-2014 Intel Guru Jester ...THE THING ABOUT THE IMF...PEOPLE ARE SO PREPARED TO SIT ON ONE ITEM AND CALL IT THE HOLDUP.... IT IS ALL PART OF THE PICTURE... BUT IT IS NOT NECESSARILY THE ONE THING WE ARE WAITING ON.
3-10-2014 Newshound Guru Enorrste Article: "Bankers: beware of infinite distribution of foreign currency in banks" Quote: “referring to some change in the coming days, which could see a reduction at the exchange rate of the dinar against the dollar.” This quote is important because it confirms for us that a change in the value of the dinar is scheduled by the CBI to occur “in the coming days.” Of course we’ve all seen that this particular phrase doesn’t necessarily mean “next week” or even “next month.” But based on other articles it does mean “in 2014”.
3-9-2014 Newshound Guru Kaperoni IMO, the CBI has a plan...we know the UST was just there and the IMF would not agree if it was not going to work. We have talked many times about a "disorderly exit" and "orderly exit" and this may be a step in that direction to get into Article VIII and remove the restrictions on the dinar so it can rise (via a new exchange regime). We just have to watch and see. [post 2 of 2]
3-9-2014 Newshound Guru Kaperoni Article: "Bankers: beware of infinite distribution of foreign currency in banks" [economic expert] Majid...is aware of a plan (new auction rules) to which he was told would raise the value value of the dinar against the dollar (referring to some change in the coming days). But he is stating what is happening now is contrary to a free market and may cause more harm than good and lower the value of the dinar to the dollar. And he [is] asking the CBI to reconsider what it is doing before it has a significant impact on the economy. [post 1 of 2....stay tuned]
3-9-2014 Intel Guru Frank26 [Hasn't it been stated that the budget HAS BEEN read TWICE, and the Kurds are happy? Isn't it official after 2nd reading? Can it now be posted in the Gazette?] keep in mind ...Two weeks ago I told You I TEAM left Baghdad assigned to S. A. for a month. At that time I told You the 2014 budget IS DONE. IMO...Budget before 17th.
3-9-2014 Newshound Guru Kaperoni Article: "Central sales fell at an auction Sunday" Looks like the CBI has definitely raised their commissions and the official rate to 1190. [Are they raising the rate to make more money or to get them closer to the 2%?] Raising the Official rate does both. 1190/1222 is 2.7% and they make more money since they raised it from 13 to 24 dinars.
3-9-2014 Newshound/Intel Guru BGG from now until about April 1st (ish) is a very hot window...provided Maliki doesn't stir up another hornets nest.
3-9-2014 Intel Guru Jester IT WILL HAPPEN EVENTUALLY... BUT IT IS SUCH A MUCH MORE CONVOLUTED PICTURE THAN WHAT MOST PEOPLE THINK THAT IT IS INCOMPREHENSIBLE TO THEM... THEY CANNOT GRASP THE ENORMITY OF IT.
3-9-2014 Newshound Guru Millionday i see that maliki is going to try, so we shall see -- to have complaints about the house speaker is not new...maliki maybe jumping up the wrong sleeve in my opinion -- he seems to be out there now that it is election time that is for sure -- acts as though the most important thing is the citizens -- where was he for the last 8 years. i think this is all just election time talk that maliki is giving -- wanting to remain in power --- lets hope it is his last stand.
3-9-2014 Intel Guru EXOGEN Per multiple conversations the bond activity that took place on March 6th was the 1 thing needed for the process to proceed. Those bond rates of $3.71 via CME facilitators & I.I.'s gives us the data needed. The larger bonds have followed and tranches have started moving fast in order from East to West. Rates are now at the Tier 2 bank screens. If all goes as planned this will be a week to REMEMBER!!!
3-9-2014 Newshound/Intel Guru Randy Koonce I am dropping a note to let people know that the rest of this weekend is looking good and every weekend up to the second week of April. Maliki wants this before the election and because of this the window I just gave is and will get stronger every week...So if it gets by this weekend then do not be discouraged the next weekend is just as good until April. WE are close and it could be tonight but if not just keep plugging away until April.. if we get by the election then I will let everyone know where we are at...Check CBI.IQ every day to see if it has changed...I am Extremely hopeful at this time. [Official cbi rate listed on the left of this screen in the Dinar Guru Resource Bar too]
3-8-2014 Newshound Guru Millionday [is there a date for the US to go with Iraq to WTO?] yes the middle of march -- i believe it is the 15th. [someone is seeing something to keep this from happening.. IYHO who might it be?] i dont know anyone that is keeping it from happening -- it seems that all that are supposed to be in the middle of this are working -- ...i see no one at all against it for any reason... [Like a surgeon, all steps and details are being laid out and implemented so that this goes off like they want it, no hiccups if at all possible so that their launch into world commerce is an extraordinary one. Agree?] i agree -- very important to do this right and step by step for progress and success -- so very precise indeed.
3-8-2014 Newshound Guru Millionday i will show you what they did --FORMALLY: "The Iraq Business Week activities included: High-level meetings at the White House, at the Office of the United States Trade Representative (USTR), and at the Departments of State, Commerce, Defense, Interior, and Treasury on political and economic issues including security, revenue sharing, and budget concerns. USTR-hosted a Trade and Investment Framework Agreement Council meeting on business development and trade diversification and ways for Iraq to advance its WTO accession process. World Bank, International Monetary Fund, Export-Import Bank, and Overseas Private Investment Corporation meetings to discuss development financing options." ...and that my friends shows you how close we are and there is more, its obviously a huge wow. [post 2 of 2]
3-8-2014 Newshound Guru Millionday Article quote: "senior representatives of the governments of the United States and Iraq held the inaugural meeting in Washington of the United States-Iraq Council on Trade and Investment (TIFA Council), which was established under the United States-Iraq Trade and Investment Framework Agreement" ...this is the strategic framework agreement. all of the economic development requires the reality rate for iraq`s economy and the monetary policy activated -- this is why this week is very very exciting for all of us. ...this is what they are spending this week on, getting it all set up and ready to be activated -- very huge. the US has stated this month they will be at the wto with Iraq which is all part of this agreement. [we can't possibly be waiting much longer with all this said?] i agree. [post 1 of 2....stay tuned]
3-8-2014 Intel Guru Hub my guy last weekend he was lead to believe this week was it, didn’t say when...the one thing i have said and go by is...iraq has had a valued currency for hundreds of years and will again...so i THINK they are at the end of the worthlessness and must move ahead to take their place in the global standing...seems all the info seems to keep getting closer and closer to the same end...
3-8-2014 Newshound Guru Kaperoni Article: "Iraq calls on Washington to boost cooperation to promote joining the World Trade" I am really getting the feeling that Iraq is holding this over our head..no WTO no currency...just a feeling. 3-7-2014 Intel Guru EXOGEN THERE WILL BE NO HIGH RATES, WITH THE EXCEPTION OF GROUPS WITH EXISTING CONTRACTS…BONDS WERE FIRST STEP, THEN RV, AND GCR WILL FOLLOW. MULTIPLE BOND CONFIRMATIONS GLOBALLY…THE PROCESS IS COMPLETED AND 1-800 NUMBERS WILL ONLY BE USED FOR CROWD CONTROL AND ARE NOT MANDATORY…THERE ARE NO DELAYS, AND USA PUBLIC EXCHANGES ARE PROJECTED TO START NEXT WEEK IF ALL GOES AS PLANNED….MISSION ACCOMPLISHED!!!!!
3-7-2014 Intel Guru OKIEOILMAN …LAST THURSDAY I ANNOUNCED I HAD LANDED…SINCE THAT TIME THE BANKS HAVE HAD IN POSSESION OUR "NUMBERS" AWAITING THE ACTIVATION CODE TO BE ISSUED BY THE U.S.T….TIMING IS EVERYTHING AND WE AWAIT THAT BASED ON VERY MINOR ISSUES THAT SEEM TO ARISE DAILY AND IS RECTIFIED DAILY… HAVING RECEIVED GOOD INFORMATION IN TODAY THERE IS A POSSIBILITY (NOTHING IS FOR SURE) THAT THIS WEEKEND MAY BE OUR TIME…NO ONE HAS CALLED THE TIMING CORRECTLY AND CERTAINLY I ALSO HAVE HAD INFORMATION THAT CHANGED…SUCH A FLUID SITUATION THAT TENDS TO MAKE ONE UNAWARE OF THE SUBSTANCE AND CORRECTNESS OF THE INFORMATION FURNISHED FROM HIGH UP AUTHORITIES…
3-7-2014 Intel Guru EXOGEN THE WIRE TRANSFERS FOR THE BONDS HAVE STARTED AND THE RATES ON THE IRAQ BONDS IS AT $3.71 AS OF TODAY…THE IRAQ PRIVATE BOND SALE HAS BEEN COMPLETED, AND THE RATES, TERMS, AND INTEREST IS FIXED, LOCKED AND CAN NOT BE CHANGED OR MANIPULATED VIA SEC GUIDELINES AND REGULATIONS…ARTICLE 8 WITH IMF IS COMPLETED FOR IRAQ… GLOBAL INSTITUTIONAL INVESTORS NOW HOLD THE BONDS, VIA PRIVATE PLACEMENT AND GLOBAL BOND SALE. ISX, EURONEXT, FOREX, AND ALL GLOBAL EXCHANGES ARE ON HIGH ALERT AND POSITIONED TODAY. [post 1 of 2 stay tuned]
3-7-2014 Newshound Guru tlm724 Appears to me that Iraq is actually putting its best foot forward as far as making things happen for the accession to go forward. IMO once again, I stand behind what I have said recently. Iraq is positioning itself for a big move and becoming a full member of the WTO is right around the corner!
3-7-2014 Intel Guru TNT Tony I talked to everybody this morning on both sides of ocean, several countries. Everybody is satisfied. Iraq, Maliki is happy. There are no issues with the UST, they have released it. They're not the ones holding it up. We are being told that we are waiting for something at IMF. We expected it last night and we are waiting for it...it can go at any minute, any hour, any day, whenever IMF is satisfied, it is on them. Everything is done. The are taking care of last minute stuff. Call centers are in, currency exchange centers went in at 10AM EST and the 800 #'s are released to the banks but they have been instructed to hold until publicly announced. Forex need NOT be open, we were told they don't care what time it is, when they say go, it goes. We're just waiting for big announcement.
3-7-2014 Newshound Guru Stryker Article Quote: "the visit is to inform the religious authorities in Najaf that the policy followed by the al-Maliki against the Kurdistan Regional policy is 'wrong.' " It is about time that Maliki's own religious groups understand and shares their thoughts about Maliki and the lack of leadership he has given to the Iraqi people. These are the things that can turn the table on Maliki and put pressure on him to stop holding up the currency reform through political posturing.
3-7-2014 Intel Guru TerryK Articles: "Barzani Baghdad implicitly threatens the separation of Kurdistan March 7th, 2014 BAGHDAD" "Hundreds demonstrate in Maysan to demand the passage of the general budget" WHAT THIS MEANS IS IF THEY DON'T RV THE CURRENCY LIKE NOW WE WILL HAVE TO SEND FORCES BACK TO IRAQ AND THIS MEANS IF THAT HAPPENS THEY WILL HAVE CIVIL WAR IN IRAQ. WAS ON A CALL TELLING ME THAT NO THERE IS NOT A RV LAST NIGHT BUT TO HANG ONTO MY BRITCHES AND HAVE MY SHOES NEXT TO THE DOOR.
3-7-2014 Intel Guru Jester THE PROBLEM WITH THE IMF IS SIMPLE...THE WHOLE WORLD COULD LIKE TO PASS SOMETHING AND IF THE US DOES NOT LIKE TO THEN IT IS NOT GOING TO HAPPEN...THEY HAVE 17% OF THE SDR'S [SPECIAL DRAWING RIGHTS] AND IT TAKES AN 85% MAJORITY IN THE IMF TO DO ANYTHING.
3-7-2014 Newshound Guru Tlar Article: "The year 2014 will see the deletion of zeros from the Iraqi currency, to be done in coordination with the CBI" this article is the best article in quite a while. It confirms many things for our investment. The first is it confirms no lop, it confirms it will happen this year 2014, it confirms, they will change the exchange rate itself, it confirms a dinar is a dinar (every note will be good and every denomination will be good), it confirms both currencies will be in use until all the old notes are collected, it confirms this will be an RV and not a float by this statement (the process of deletion of zeros will be provided by the new currency) meaning the currency will be issued at the same time they delete the zeros.
3-7-2014 Newshound Guru Med [will we see the revalue this year?] IF THEY WERE TO DO SO IT WOULD BE 4TH QTR OR LATE 3RD BUT IT IS DEPENDENT ON SEVERAL CHANGES. ONE IS PARLIAMENT AND TWO IS PRIME MINISTER. BUT POWER HAS TO BE TAKEN AWAY FROM THE CURRENT MAJORITY... I THINK THAT SERIOUS MOVEMENT FOR A FREE MARKET ECONOMY HAS TO BE DISCUSSED BUT REMEMBER THIS ALSO MEANS THAT THE GOVT CONTROLLED OIL INDUSTRY HAS TO BE GIVEN UP AND MOST OF THE REVENUES RIGHT NOW GO TO SUPPORT THAT MASSIVE OVER STAFFED GOVT... 3-6-2014 Intel Guru Bluwolf No bank source knows what is happening behind close doors, what is to occur and when. They know its suppose to be here by now, we are suppose to be moving along with our monies already secure...we are waiting for our 800#... everything talked about in the plan is still in play... Thats where we are at just about now, we are just waiting for that darn phone call.
3-6-2014 Intel Guru TerryK I GOTTA A FEELING...I THINK IT'S CALLED, A CHANGE IN VALUES COMING OUR WAY. WELL I'M BEING TOLD TO WATCH HARD TONIGHT. KEEP IN MIND WHAT I BRING IS GOV SPECULATION, RUMOR. SOURCES ARE SAYING THAT THIS IS AND COULD BE OUR NIGHT...
3-6-2014 Newshound Guru Aggiedad77 Article: "Maliki: We will act even if the budget did not recognize .. I call to suspend the parliamentary sessions!" Najafi you have made the big boss mad by not having the budget on the agenda yesterday as he asked you to do...what is the result...he's taking control of 2014 budget money and is going to start project implementation...he has the unanimous support of the COM in doing this and believes it is constitutionally legal...at the same time he is calling for an indefinite boycotting of Parliament...he points a finger directly at Najafi and blames him and others for conspiring to make the state fail...Maliki is pulling out all stops in his attempt to smear Najafi before the elections...attempting to turn the entire Parliament against him...Najafi wants the nomination for President of the Republic a position now held by Kurd Talabani.
3-6-2014 Newshound Guru wmawhite I used to get excited over intel/rumors ...not any more...today, I am happy and take comfort knowing that this is nearing its end because they, Iraq, CBI/GOI are telling us so. a couple of weeks ago when the CBI announced it's move into an Open Market Operation in conformance with the IMF...this investment, IMO, moved from speculation (IMO) into a much more conventional investment believing that the CBI/GOI are now going to do exactly what we as investors have always believed it would do. [post 2 of 2]
3-6-2014 Newshound Guru wmawhite we need to remember that it is the CBI that will change the value of the IQD...not Parliament. Iraq has more gold as reserves than most countries do...some estimated at over $80 billion, plus $84 billion in cash reserves...the bottom line is that their true value of the IQD is NOT 1166. They are prepared to change that now and they have told so too. [post 1 of 2....stay tuned]
3-6-2014 Newshound Guru Kaperoni Article: "Is the process will delete the zeros of the Iraqi currency to stop rigged?!" All I can say is WOW! This is exactly what Dr. Bakri said in his report...This article is correct that changing the currency in itself does not raise the value, but as the IMF stated "Balassa-Samuelson effect" meaning as the economy grows so does the exchange rate...in other words its a float! and it will rise based on supply and demand. And we know the new smaller bills could or would not be in circulation until the exchange rate rises. Quote: "the process of deletion of zeros will be provided by the new currency," In other words, the transition from larger notes to smaller notes "deletes the zeros" and its not a LOP.
3-6-2014 Newshound Guru Millionday they are making sure they are set to move forward with the banking reform finally and that will include the monetary policy. the fact that they are ready for the banks to hit the stock market and the banking to expand to foreign needs and also the growth for the country -- is the best as far as we are concerned -- huge and the timing is great!! (post 2 of 2)
3-6-2014 Newshound Guru Millionday Article quote: "The banks have a significant role in the next phase of Baghdad - the joy of pumice when expanding the limits of development increases the need for a bank more sophisticated and broader service center..." they are talking about the growth to come in the use of banks and the services -- this is time to activate the banking reform -- which can not be done without --- THE REALITY RATE. (post 1 of 2....stay tuned)
3-6-2014 Intel Guru TerryK [...do you think the delay for the RV is in Iraq or in USA?] USA. [So everything is complete and done in Iraq?] WHAT I HAVE BEEN TOLD YES. WHERE THIS IS STILL AT IS BETWEEN THE UN AND IMF AND THE USA...UST IS THE USA SIDE. THE UN AND IMF ARE SITTING HARD ON NOT GIVING INTO THE USA / UST UNTIL THE USA RELEASES HOLD OF VOTES TO CONTROL WORLD ACTIVITIES. WHAT I GOT THIS AM CALL IS TODAY LOOKS STRONG. 8.16 IS WHAT I HAVE BEEN TOLD. [any word on the rumour mill about the Dong at 6.05 sounds outrageous to me?] MY SOURCE IN COUNTRY IS TELLING ME THEY ARE HOPING TO HIT 2.22 BUT TO BE HONEST CANT SEE IT MORE THAN .25 COMING OUT AND FREE FLOAT.
3-6-2014 Newshound Guru Enorrste Article: "Is the process will delete the zeros of the Iraqi currency to stop rigged?!" this article is a confirmation that we are on the right track. There will be a beginning of a free float THIS YEAR, followed by a GRADUAL RISE IN THE VALUE OF THE DINAR which will lead to a GRADUAL REMOVAL OF THE LARGE NOTES as the value of the dinar rises. Our journey is about to bear its fruit, assuming nothing ELSE comes along to derail it!
3-6-2014 Newshound Guru Stryker Article: "Is the process will delete the zeros of the Iraqi currency to stop rigged?!" Quote: "memory that the currencies of existing and new will work at the same time without reducing the value of any of them until the full absorption currency Current" This IMO, says that all the currencies will have the same value and neither will be reduced according to this quote. Meaning each dinar no matter old or new will have the same value, example: Each dinar in a 25,000 dinar note will have the same value as the new 25 dinar note, IF each dinar is equal to $1 USD then the new 25 dinar note will be worth $25.00 USD and the 25,000 dinar note will be worth $25,000 USD.
3-6-2014 Newshound Guru Kaperoni The important thing to remember is they need to put all the pieces in place for the market economy before they begin to raise the value. Based on many comments, the value will be market driven...so they do not want to screw it up and have the currency fail. We need to be patient.
3-6-2014 Newshound/Intel Guru BGG 2) Key phrase…"while the value of foreign remittances 134 000 722 thousand dollars and the exchange rate was 1187 dinars per dollar…” – clearly makes the point there were “foreign remittances” – meaning NOT DINAR being remitted to the CBI…using the USD value as a baseline… FOR DINAR. [post 2 of 2]
3-6-2014 Newshound/Intel Guru BGG Article: "CBI records 163 million dollars in sales today" This is a couple of days old…I reposted it to make a couple of points…Recently they have been recording record lows…with 97,000,000 being the lowest in years.1) Key phrase…"He added that the bulletin showed that the number of banks participating in the auction today of 17 banks did not make any of them offers to sell the dollar.” <<< This implies the CBI DID NOT SELL any of the 17 banks USD…meaning they were selling them IQD ONLY. [post 1 of 2....stay tuned]
3-6-2014 Newshound Guru Millionday [...what...about no WTO ascension for ten years?] i have to say that the lack of active membership for 10 years is not what i think at all -- i can not imagine with all of the growth they have planned and the 5 year plan in place that they would not be active for ten years. we are in a very good spot and the news gets better everyday -- i am excited about where we are and see us not waiting much longer due to the plans they have set for the country and for the globe as well. [...CBI can revalue the currency at any time to move to a market economy.] i agree -- at anytime and it is one of the CBI steps and they are in the middle of getting them done one at a time -- so one of them is what we are looking for -- the change in the rate.
3-5-2014 Newshound Guru Adam Montana [any good news on when we might see the budget and HCL implemented and done?] There has been a lot of talk lately on BOTH of those issues, so I think things are looking good for us! [I have read that the elections will be post-poned.. How will that effect us and will Maliki still control everything?] I am more surprised when things are NOT delayed in Iraq! At the end of the day, it's still the CBI that's in charge of the exchange rate. I'm pretty sure Maliki isn't going to be voted out soon, so a delay in the elections won't matter much. [How does Iraq's WTO accession or lack thereof affect the RV?] I don't think it makes any difference at all. The CBI controls the rate, not the WTO. If the CBI says they are paying $1 USD per 1 IQD, the WTO can't stop them or force them to change a rate.
3-5-2014 Intel Guru TD The buzzword of severe letdown was the WTO ascension being put off AT LEAST ONE YEAR, MOST LIKELY TWO. Further negotiations of this are DOA till 2015 or beyond. According to my source it even now seems unlikely for RI, RD to be put into effect till a new government forms this summer. Maliki as it stands now will not win re-election as support from various factions is dismal. IF MALIKI STEALS AWAY ELECTIONS LOOK FOR A CIVIL WAR TO ERUPT IS THE MESSAGE OF GRAVEST CONCERN RIGHT NOW! [post 2 of 2]
3-5-2013 Intel Guru TD I am still in touch with my contact although I am not an active Investor anymore. I was able to find out a few items of interest...: Maliki is under heavy pressure from ALL SIDES and time quickly running out before elections. Struggles with insurgents continues. The government financial balance sheet is in crisis mode with no help from Parliamentary members. Parliament is even more divided than even our US Congress & MOST will not act on anything to help the Maliki administration. [post 1 of 2....stay tuned]
3-5-2014 Intel Guru TNT Tony The call centers & currency exchange centers are manned and lunch is to be brought in to them and phones have to be left in their cars so they cannot contact anyone. The 800#'s have been released to the banks and some individuals have them too, but can't give them out yet until it's public knowledge. Other things are happening...it's not just the GCR/RV. It has to do a lot to do with our future as a nation that is causing part of the delay. There is a rumor saying China is going to pull out. They have set a deadline...drew a line in the sand & we're very close to it. I am hoping for the RV...It could happen in the next 10 mins, 10 hours or next 24 hours. I know rate or what they said it would be. [Are double digit rates still possible?] Yes, they are still possible. [post 2 of 2]
3-5-2014 Intel Guru TNT Tony Everything is signed off, Iraq, Maliki and the UST have done all they are supposed to do. Everyone is just waiting for a certain time, but they are excited and saying that IT IS OVER AND DONE. We know it’s not actually over and done until I am walking out of the bank. The GCR is supposed to be announced today, and that cannot happen without the RV happening. We are hearing things have been on TV, CNBC, a ticker tape at the bottom saying that China signed off on the VND and the rate it is to come out at is $6.05...that is the high rate. It may not open up at that rate & may not stay there long. [post 1 of 2....stay tuned]
3-5-2014 Intel Guru Bluwolf Just because someone said the Chinese pulled out does not make it true...this is business and they are stronger then ever. They haven't gone anywhere, they still have there headquarters in the US, everything is running like its suppose to... Things expected (rv, gcr...) are in swift movement with no delays, rates are still attractive and deemed high...The Global Reset is now on its arise, it is in the air and being fitted into place by those in the know. ...this rv situation now is imminent and that all shall transpire strictly as planned.
3-5-2014 Intel Guru TerryK [DID M (MALIKI ?) SAY THAT HE WAS GOING TO APPROVE THE CHANGE IN THE RATE WITH OUT BUDGET APPROVAL?] HEARING THIS AS A RUMOR. [How many of your sources think by Thursday vs within 2 weeks?] 4 OF THEM.
3-5-2014 Intel Guru SteveI I am confident just from the facts that we are so very close to having this investment payoff sooner rather than later. According to Ray's [Guru Ray] sources, we should see the budget getting voted on this week. Many of you keep saying...that the budget has nothing to do with a change in the Iraqi currency..believe what you want. I base my beliefs on facts only. It is what it is and the facts point to a change very soon.
3-5-2014 Intel Guru Frank26 [via Anonymous] all the articles this week show they are running out of time, and all the procedures steps they are doing will collapse down into one big step which is the release of the new rate!
3-5-2014 Newshound Guru Millionday Article quote: "The federal budget is not just like any other laws they represent the backbone of the life and durability of the Iraqi state in the facilities of life all..." they are obviously announcing that the budget is the open window to the world...we should see the budget in the very near future...i have to say that all of the timelines they have stated that are within the month -- i am very encouraged.
3-5-2014 Newshound Guru Kaperoni [So that said it could be a long wait on an RV.] it is not in their interest to wait, and it would be of no benefit toward the plan for Iraq to continue to wait. [Even if it is true that Iraq is not ready to join the WTO that in itself does not mean they won't RV their currency soon. One is not necessarily tied to the other.] that is correct. There was a real good statement made on TV last week...it sums up Iraq's positions with the currency. "A group of parliament members renewed their call to the central bank to start serious preparation for the deletion of zeros project; any further delays will harm the entire economy and progress Iraq is witnessing." So there u have it, any further delays will harm what they have worked so hard for.
3-5-2014 Newshound Guru Kaperoni they were 95% dependent on oil and that apparently was reduced to 94% as of late, yet they just increased output significantly to 3.4 mbpd. they have no chance of WTO accession. it was stated directly from the WTO last year 4 key issues with Iraq and the most significant one is that they would not qualify for WTO accession until they reduced the dependence on oil to below 80% I think and that was confirmed yesterday with a long article that came out that discusses those meetings with the WTO stating it would not be good for Iraq to proceed. it even said it would be at least 10 years before they are ready. Here is a quote from that article: "that enter Iraq for the organization will not be in his favor and in any case for at least the next ten years, as it will fly massive damage to Iraq". 3-4-2014 Intel Guru TerryK I GOT WORD TODAY THAT WE MAY SEE THIS IN THE NEXT TWO WEEKS BUT OTHER SOURCES SAY TONIGHT THRU THURSDAY. GOLD STANDARD ROLLING IN, IN AM. KEEP YOUR FINGERS CROSSED FOR TONIGHT ALL. WITH THE ANTICIPATION OF NEW GOLD STANDARD COMING IN THE AM, MAYBE JUST MAYBE WE ARE THERE.
3-4-2014 Newshound Guru Kaperoni i found it interesting they are waiting till after the elections. well, it perked my attention because we have been hearing the currency reform will also come or be reviewed after the elections. [Is this also the compliance meeting for article VIII?] yes. [this consultation, what does that do for us or them?] it gives us the details on the state of Iraq's banking and currency reform. [so you think the RV or whatever will come after elections then?] they are saying almost daily on tv in iraq two things...1. they need currency reform now and the dinar is grossly undervalued, and 2. it must be addressed directly after the elections. So those looking for the IMF Report..we have to wait...but the IMF waiting till after the elections is interesting and makes one think. technically, the CBI can raise the value anytime that is their job. [post 2 of 2]
3-4-2014 Newshound Guru Kaperoni We all know the CBI meets with the IMF...last year they had two such meetings or Article IV Consultations and after the second, stated that they would be on a annual basis here on out...it was scheduled for March 2014 which would have been nice to have another banking/currency report coming this month. So i received an email yesterday from the IMF. Here was my question and the response. Is the Article IV consultation scheduled for March and when can we expect to see the report? The answer came from the Director of the IMF - Iraq (located in Jordan), Shbaikat, Gazi is his name. "Will be this year, in second half after elections, and report a couple of months from date of consultations. We may have an update sooner." So it is pretty clear it will not be in March. [post 1 of 2....stay tuned]
3-4-2014 Newshound Guru tlm724 Article: "Citizen: an agreement between the National Alliance and the "independents" to pass budget" that will help achieve a quorum...in the event of approval of 170 members in the parliament, it becomes possible adoption of the budget by majority.
3-4-2014 Intel Guru TerryK my brother who also has VND...just saw on CNBC that O [Obama] signed agreement with China today and tomorrow VNN will open at $6.05. HECK I WOULD TAKE THE .05 FROM THE 6.05. WHO IS GOING TO WATCH THE VNN TODAY AS IT DOES NOT NEED TO RV OR ANYTHING AS ITS A TRADED CURRENCY NOW. THE VALUE WILL JUST SHOW.
3-4-2014 Newshound Guru Millionday [(What is) the possibility of them being able to approve the budget without the Kurds?] they can release the foreign currency rates and the reality of the value of the dinar without the budget in place entirely and also they only have the issue with the oil proceeds left that state where the money is to be held.
3-4-2014 Intel Guru Frank26 There are lots of meetings and lots of travel between Iraq and the US this week…Would they waste precious time and travel to talk about nothing of significance? ...they are talking about moving IQD to other banks and other countries, and that requires a new rate. Meetings to conclude at the end of this week, and we hope Iraq is to be congratulated on their compliance to article 8, and they are prepared for the IMF article review sometime between Mar.14th-17th! [post 2 of 2]
3-4-2014 Intel Guru Frank26 [via Anonymous] “in his opinion” we are “dangerously close” to seeing the rate of the IQD go up in value! ...if all goes as evidence points, to article 8 compliance and approval from the IMF in the article 7 review this month, it looks like this is coming to an end. Russia and Ukraine is a separate issue and will NOT affect the RV...all we want is to see the bonds and the rate. [post 1 of 2....stay tuned]
3-4-2014 Intel Guru Jester [So, as soon as they figure out the exchange rate stuff, etc., we may be good to go with the GCR/RV?] I THINK THAT IS PRETTY MUCH ALL FIGURED OUT. [There are all kinds of rumors today that the group rate with China is now gone...have you heard anything?] I HAVE HEARD THAT. [so if chinas out who will buy the dinar?] I BELIEVE WE HAVE A MINOR SETBACK TO WHAT HAS BEEN PLANNED...TO ME THE ISSUE IS MORE OF A TIMING ISSUE THAN ANYTHING ...MAY NOT WORK OUT TO EXACTLY THE WAY IT WAS GOING TO... BUT WE WILL SEE... OTHERWISE... STREET RATE FOR EVERYONE AND THE DINAR STILL GOES TO CHINA... SO THAT PART DOES NOT CHANGE...THEY STILL WILL LIKE TO HAVE THE DINAR SO THAT PART WILL REMAIN AND THAT IS A GOOD THING.
3-4-2014 Newshound/Intel Guru BGG I do not believe THE DINAR to be a scam - …and there is significant proof of such. It is the currency of a COUNTRY. However, it is also important for us to be ...thoroughly diligent with all available information.
3-4-2014 Newshound Guru wmawhite it was announced last year that the 2014, 2015 and 2016 budgets would be based on a rate of 1.16 IQD = $1.00. [do you think that could be our rate?] I personally do not know...but I would take it.
3-4-2014 Newshound Guru Kaperoni This "dose of reality" may very well slow down Iraq's ambition to raise the value and make the dinar convertible. Really no way to know...just wait and see. ...the WTO told Iraq several times over last two years they need to reduce oil dependency before they would gain accession...this article is a few economists and other experts confirming that fact. ...WTO accession is not happening soon. [post 2 of 2]
3-4-2014 Newshound Guru Kaperoni Article: "Where are the advantages and disadvantages of entering Iraq to the World Trade Organization?" Looks like they had some pretty serious discussions with Iraq over the WTO and the end result is clearly Iraq is not ready and it would do more harm than good. Despite the benefits, it looks like they will not get accession for..."at least the next ten years." My personal view is I had hoped there would not be a delay because I always thought the potential of accession was motivating them to get the dinar international. [post 1 of 2....stay tuned]
3-3-2014 Newshound Guru Millionday [when is the WTO?] the middle of march is when the wto, the US, and Iraq meet on accession...they are having a workshop -- this would mean the check up to ensure all is done. [do u think they will become a voting member w/ a currency then or not yet please?] the currency rates will need to be set to do trade in the world -- so before... know that the reality rate is a financial obligation to the active membership for the WTO.
3-3-2014 Newshound Guru Kaperoni Article: "Not to take advantage of financial liquidity misses an opportunity to prosper" This is exactly what the UST was doing in Iraq to get these banks to start lending and functioning as banks. The "interbank" market is key for the CBI to move forward.
3-3-2014 Intel Guru TNT Tony Nothing negative...last minute details to get ready...things are looking good. We are still expecting it. Someone wanted it to stop and that wasn't approved...hopefully nothing else affects it and that we are still on schedule for tomorrows GCR [Global Currency Reset] announcement ...can be any moment. We should see RV before or at same time. The IQN has 4 rates. The international rate and the market rate will have no NDA. the higher rates will have an NDA. The VNN only has 3 rates. I'm not sure VNN will have an NDA for any of rates.
3-3-2014 Intel Guru Okie_Oil_Man I HAD FULLY EXPECTED TO DO A POST TODAY OF ENLIGHTENMENT AND EDUCATION. THE EVENTS THAT HAS OCCURRED FROM SATURDAY NIGHT TO THIS MORNING FROM SOURCES TIED DIRECTLY TO THE PAYMASTERS OF THE R/V HAS MADE THIS LAST EDUCATIONAL POST UNNECESSARY. WE ARE IN THE BEST POSSIBLE POSITION AT THIS TIME AND ARE EXPECTING THIS WITHIN A COUPLE OF DAYS AT THE MOST. (THAT'S THE OUTSIDE ACCORDING TO SOURCE'S). THESE NEW CHANGES JUST MADE COULD NOT BE ANY BETTER FOR US. KEEP THE FAITH FOR THE INEVITABLE. TODAY AND TOMORROW MAY BE THE MOST IMPORTANT DAY'S OF SOME OF OUR LIVES.
3-3-2014 Intel Gurus Shredd & tlm724 Article: "Deputy for the law is likely to approve the budget in the coming days" approving the budget of the Federal Assembly in the coming days...show us you can do this. budget passing will be good but the hcl fully implemented is what we need, kurd agreement on oil money...and the HCL is tied to the budget!
3-3-2014 Newshound Guru Kaperoni Article: "House finishes first and second reading of the seven laws" Well it's a start...but they need to prioritize and get these economic laws/banking laws front and center.
3-3-2014 Intel Guru TerryK [What about cashing in (exchanging)? Have the masses of elite done that?] NO. AGAIN HOW WOULD THEY EXCHANGE IF THE RATE IS STILL THE SAME. [From what i understand the process is done just not released yet.] THAT MAYBE TRUE. [post 2 of 2]
3-3-2014 Intel Guru TerryK [We hear it both ways...has there been an in-country RV in Iraq or not?] NO, THERE HAS NOT...ONE OF THE SOURCES TOLD ME THIS...NOT TO EXPECT THIS UNTIL SEPT OF 2015 BUT HAD NOT GIVEN ME A REASON. BUT WHEN I TALK TO MY OTHER SOURCES THIS WEEKEND THEY ALSO SAID NO WAY TOO MANY THINGS HAVE HAPPENED AND THEY NEED THIS LIKE ASAP...NOT ONLY IRAQ BUT THE REST OF THE WORLD. ALSO IF YOU LISTEN TO THE NEWS FOX, CNN AND OTHERS NONE OF THEM ARE ON THE GLOBAL RESET ARE THEY. BECK AND RUSH TALK ABOUT IT AND WHATS COMING BUT MAINSTREAM USA DOES NOT HAVE A CLUE. [post 1 of 2....stay tuned]
3-3-2014 Newshound Guru Aggiedad77 Article: "Najafi "blocking" the budget despite the availability of a quorum of the Parliament" Three articles together that all indicate the State of Law bloc was not pleased that Speaker Najafi again blocked the Budget from the Parliament agenda...as a result, some of the State of Law bloc got up and walked out, reducing the head count such as they no longer had a quorum.
3-3-2014 Intel Guru Jester THE REASON IT HAS NOT MATERIALIZED YET IS IT IS NOT TIME FOR IT TO HAPPEN... NO MATTER WHAT ANYONE ELSE SAYS THAT IS SIMPLY THE WAY IT IS...FOR ALL THE PEOPLE CALLING IMMINENT RV...GET A GRIP... STOP LISTENING TO THE UST.. THEY WILL LIKE TO DO IT EVERY NIGHT... BUT THEY CANNOT... DOES NOT WORK THAT WAY. 3-2-2014 Intel Guru Freeway Bill With the information that I have heard through many arenas and from many great people who work very hard on this blessing, I must tell you that in my opinion, we may be now in a situation where everyone will be paid a street rate that the banks will have a "spread" on. This levels the playing field so all people have the same opportunity and reward. Personally I like this scenario. Why? Because, if you go back when you purchased your dinar and dong, you were thrilled with the thoughts that the rate could be a dollar for the dinar and 5 cents for the dong. Whatever you come out with will be a blessing beyond belief, right?
3-2-2014 Newshound Guru Kaperoni Article: "Economic Commission expects the dollar due to delay budget" Quote: "She added that there is a rise in exchange rates will happen in the currency rates in light of the budget delay..." [So, budget doesn't matter?] The budget has never
mattered. [Kaperoni quote from 1/8/13] If for some weird chance the dinar came out at 1 to 1 or slightly higher, they could modify the budget (investment side), to incorporate that rate and purchasing power from the savings. The one's that keep talking about the budget have little clue about business or how governments are run.
3-2-2014 Newshound Guru Bondlady Article: "Abadi: the financial reserves of the country reached its end" ...good article, the country is runnin outta money an fast...monetary change is sure coming an we can sure see it happenin too, imo. dinar dryin up in all provinces an why? cbi keepin all big notes maybe? gettin ready to release lowers? [it only gets better with each passing day!] sure does.
3-2-2014 Newshound Guru Millionday [are you saying the Budget is agreed on but not passed?] the budget has been agreed on except where the oil proceeds are going to be put for the kurds. [if this budget does not get in this session, what are the ramifications?] they are saying that it is done but not activated and according to the constitution it has to be activated this session -- it is in a basket of 6 with the hcl. [Weren't they given 20 or so days a couple of weeks ago to get this finished and that date would be up on or about March 7th?] the 7th was the date that ended the 20 days given to have the budget in place and voted through. they said that the constitution demands that it has to be done in this session and can not be put off until the coming session. [post 2 of 2]
3-2-2014 Newshound Guru Millionday [With all of the iqd pulled out if the country how long can they go before rv?] not long with the condition they are in (meaning the bills) -- they have pulled the high denoms to prepare for small and the removal of the 3 zeros. [are all the 000's pulled?] when they are -- we will be done. they will not get ours until the rate changes. [Is it safe to say the rate won't be released until after the WTO?] no they need it before to be active in world trade through the WORLD TRADE ORGANIZATION (wto). [I heard that Maliki was holding the budget hostage because he wants the Kurds to promise they support his bid for a third term.] the promise could not be made with electronic electoral cards and also with the citizens voting. [post 1 of 2....stay tuned]
3-2-2014 Intel Guru Frank26 I TEAM said two days ago that the KURDS left Baghdad happy with the budget
3-2-2014 Newshound Guru Millionday this is one of the things that need to be all done at the same time -- we predicted that some laws would be complete and all would be activated at the same time to keep from illegal activity due to one being in place that does not work properly without another etc...some say that the federation council and the hcl will be at the same time. [...hcl got passed!?] it has been but not implemented. [post 2 of 2]
3-2-2014 Newshound Guru Millionday Article quote: "nearly six laws within the legal committee did not initiate, most notably oil and gas"..."the failure to approve the law last during this session is a violation of the constitution of the House, because the Iraqi constitution, the text of the law was passed during this session." this is fantastic -- this means the law has been passed but not acknowledged -- and all that has to be done is activation...that is great news and says the hcl as well (oil and gas)...that is huge progress and has to be done before the change in rates and many say that this is what is the hold up. [post 1 of 2....stay tuned]
3-2-2014 Newshound Guru Aggiedad77 Article quote: "...there is a rise in exchange rates will happen in the currency rates in light of the budget delay..." NOTICE THEIR CHOICE OF WORDS...THIS LADY IS TALKING ABOUT "EXCHANGE RATES"...NOT THE SALE OF A CURRENCY...BIG BIG DIFFERENCE. EXCHANGE RATE IS INFERRING THAT THERE IS AN INCREASE FROM THE PROGRAM RATE. THE EXCHANGE RATE IS WHAT YOU SEE WITH ALL OTHER CENTRAL BANKS IN THE WORLD...WELL MOST OF THEM. BIG BIG HUGE HUGE NEWS...
3-2-2014 Intel Guru Frank26 The Country of Iraq is OUT of CASH!!! Since January 2014 the CBI FREEZES the IQD rate at 1222. This is done...WITH NO CASH to give a rate to. Artificial are these numbers. To show a FIXED RATE like this is impossible because THE MARKET RATE ...Is NOT set rate! What was Has been done prior to January 19th, 2014 that made the month of February's meetings go like a Hot Knife through Butter? NOTE: CBI told GOI last August 2013 the lifting of 000's would be in June 2014. Shall we wait 4 more months? Do not know...BUT DO KNOW: Kurds left Baghdad happy yesterday due to budget AND...UST smiled watching this. YET no article of these activities. They KNOW when to TELL You things. Remember ...Th/F/Sat ...Dead. But not tomorrow [Sunday]. 3-1-2014 Newshound/Intel Guru Eagle1 While we certainly expect the RV/GCR to take place imminently, particularly because of what we are seeing and hearing out of Iraq (as well as the IMF and other sources) there has been (to use the old adage) "many a slip twixt the cup and lip" and while our sources are as accurate as they can be in providing information, there have been a multitude of unforeseen events to interfere...while there is a very real expectation of the release of the IQD/IQN within days, along with the overall Global Reset of which the IQD is pivotal, I have not released any prediction of a date or a rate.
3-1-2014 Intel/Newshound Guru Poppy3 OK...GOT MY CALL THIS MORNING FROM THE BROKER AND...HE WAS TOLD YESTERDAY EVENING FROM THE INTERNATIONAL BROKER THAT YES THERE WAS CONSIDERATION IN V N [Vietnam] TO ACCEPT 25% OF THE INVESTMENT IN THE NEW INFRASTRUCTURE GOVERNMENT BOND PROGRAM IN DINAR BUT AFTER FURTHER DISCUSSION THEY ELECTED NOT TO DO SO. TO ME IT SHOWS THAT THEY ARE ANTICIPATING A RV OF THE DINAR SOON OR THEY WOULD HAVE NEVER EVEN DISCUSSED DOING THIS IN THE FIRST PLACE. THIS IS ENCOURAGING NEWS. WE ARE IN A GREAT INVESTMENT AND ALL THE NEWS IS MOVING US TOWARDS OUR REWARDS.
3-1-2014 Intel Guru TNT Tony This is why we are hearing this delay or effort is to our benefit. This is also why they seem to think they are done or releasing it only to have more delays, as they bring up or advance an issue or concern not addressed to everyone's satisfaction. They know it's here and must be released. They know there is no going back. The banks have asked for more time (2 weeks - denied, 1 week - denied, up to today - agreed)... UST along with DOJ and HLS needed to update and implement some new protocols involving tracking all this after release to public citizens. All in all a lot of pain in the ass little details before the full public reveal and the group won't allow that till all are satisfied about what to expect. The good news is that they are running out of issues to deal with or plan for. Sounds like we are just about there! [post 2 of 2]
3-1-2014 Intel Guru TNT Tony The last three days there has been an ongoing confab with The Partners and The Architects. A revolving door has existed bringing in world leaders, technicians, politicians, BIS, IMF, World Bank, UST etc. In a technical sense, the RV is complete! The major focus these last two days has been preparation for release. There isn't so much as a button that they can push, that parts done. This is about all the mess and issues they created or allowed to be created or promises made and all the other minutia that could go wrong after the public release and blow up in their faces. This is about cover stories and how to implement those. This is about looking at the original plan, considering the present situation and making the necessary adjustments. They are also locking in new agreements and promises relative to all of this. [post 1 of 2....stay tuned]
3-1-2014 Newshound Guru Adam Montana [Would we see the Budget and HCL approval announced in the gazette? How about the RV?] From Wikipedia: "The Official Gazette of Iraq (Arabic: الوقائع العراقية / ALA-LC: al-Waqā’i‘ al-‘Irāqiyah) has been the official source for the laws and resolutions passed by the Council of Representatives of Iraq since August 1922. Article 125 of the Constitution mandates that laws shall be published in the gazette and shall take effect on the date of their publication, unless stipulated otherwise. It is published by the Ministry of Justice."
3-1-2014 Intel/Newshound Guru Poppy3 Their country is worth a minimum right now (without much infrastructure) of over 55 trillion. They have more resources than any country in the world - PERIOD. They have more gold than any other country besides Russia and Iraq is much smaller! Prior to the war they were third in the world in agriculture production. Their soil will produce more per acre more than our richest soil. Their banking being structured on futures creates a situation like our banks which can loan out 100,000 dollar for every 10,000 on deposit. It will allow them to pay us a million dollars and will only cost them around $20,000 dollars. REST EASY...WE WILL BE HUGE WINNERS VERY SOON.
3-1-2014 Intel Guru TNT Tony We heard nothing significant can happen in Iraq 60 days before an election so we're in a very short window. The people were at the call center & exchange centers yesterday. We heard Maliki tried to pull something at the last minute but it was dealt with. Hearing from all our sources that other than what Maliki pulled, all being satisfied or about to be. Something happened yesterday at the banks...the screens & platform changed. This is very significant, good thing for us because we all felt it wouldn't happen until the RV happened . You will be ecstatic with the rates. A lot people are excited and don't know why it didn't go last night. It could possibility go at any minute or over the weekend. We feel the deadline is Monday morning.
2-28-2014 Newshound Guru Aggiedad77 Just an idle observation...they have had the IMF intimately involved with the CBI for some time...we have seen the BIS stop by and show interest...the World Bank was there to help them bring things up to technological speed...a couple of other nations have talked to them about banking technologies....now the UST comes in offering the same type information to the Iraqi's...it tells me that something is getting most RIPE...perhaps a cornucopia about to come bursting apart with new laws...even more than we have already seen...a new budget...but even before all that...a new rate for the CBI to live by...that will sweeten everyone's pot...making all very happy.
2-28-2014 Intel Guru Okie_Oil_Man THIS POST IS ONLY APPLICABLE TO U.S.A. CITIZENS ONLY. AFTER MONDAY I WILL MAKE A POST EXPLAINING WHY WE ARE STILL HERE AWAITING OUR BLESSING TO COME TO FRUITION. WELL -- AS PAUL HARVEY SAID--HERE IS THE (PARTIAL) REST OF THE STORY. ALTHOUGH IT MAY BE HARD TO COMPREHEND IT HAS BEEN TO OUR BENEFIT AND ADVANTAGE THAT WE HAVEN'T CASHED OUR (out) PREVIOUSLY. I WILL GIVE THE DETAILS OF THIS STATEMENT AFTER MONDAY. YOU WILL BE SURPRISED AND GRATEFUL AS WELL. WE WILL THEN UNDERSTAND THE REASON FOR THE DELAY AND THE BENEFIT IT HAS BEEN FOR US. THIS MAY SEEM IRONIC TODAY BUT YOU WILL TOTALLY UNDERSTAND AFTER MONDAY.---VERY INVOLVED SCENARIO INVOLVED.
2-28-2014 Intel Guru Hub i have said several times that history shows iraq has had a strong international currency for hundreds of years and will do so again...if you have been watching the articles...then you will see they are up against the time line to bring the dinar back...iraq, imf, ust, bis or WHO ever is up against it to do this...just watch what iraq must do to be who they have been...i think we are there, just a matter of going internationally live.
2-28-2014 Newshound Guru wmawhite ...this is coming together everyday right in front of us...this is a process that is planned and executed correctly. the actions that the CBI and GOI have now taken would not be done unless everthing else is ready to be put into place when needed. they have sucked the IQD off the streets and have required it to be used nation wide...what is left is to put the LDs out but only at a new rate. Just IMO, we will see the rate before we se the budget. Therefore, we are close. [post 2 of 2]
2-28-2014 Newshound Guru wmawhite [new guru] Years ago I used to get excited over rumors/intel...not anymore. Today because of the FACTS I am confident about this happening relatively soon. I concentrate upon what we know that is coming from the CBI/WB/IMF/GOI and because of their actions they have painted themselves into a corner and they must take action in the NEAR term to resolve the currency issues. Again, near term...that is much sooner then April 2014. [post 1 of 2....stay tuned]
2-28-2014 Intel/Newshound Guru Poppy3 HE [MALIKI] HAS CONTINUALLY CREATED TURMOIL TO PREVENT ANY PARLIAMENT PROGRESS AND MEETING WHERE THE BUDGET IS ON THE AGENDA WHILE HE CONTINUES TO PUSH WHAT HE NEEDS TO KEEP HIM SAFE IF HE SHOULD LOSE THE ELECTION. IF HE FAILS TO GET THE AMNESTY LAW PASSED THEN HE MUST FIND A WAY LEGAL OR ILLEGAL TO WIN THE ELECTIONS. THAT MEANS HE MUST GAIN FAVOR WITH THE CITIZENS OF IRAQ AND THAT MEANS HE HAS TO CALL TURKI AND TELL HIM TO TURN LOOSE THE VALUE OF THE DINAR.
2-28-2014 Intel Guru Blaino NOW ON HIGHEST ALERT. This could be "IT". RATES ARE STABLE AND HOLDING, RE-NUMERATION IS COMPLETING, HOWEVER THE TIMING REMAINS A LITTLE OBSCURE AT THIS HOUR, "THEY" ARE: 'PREPARED IN ALL RESPECTS'
2-28-2014 Intel Guru Ray Here is an update on the Maliki news conference today. He told the people that they are giving the Kurds one last chance to sit down and vote on the Budget and if they don’t, Parliament will vote on the Budget sometime next week with a majority vote; Kurds or no Kurds. He said that the government only has enough money left to pay salaries for another month to two months and that is it. After that, no more payroll payments or other government services will be paid. He said it is imperative that this Budget gets voted on as soon as possible so monies can be distributed as soon as possible. I think this is great news and I really hope that Maliki sticks by his guns and gets this done once and for all. I will keep you posted on any other news I may hear.
2-27-2014 Newshound Guru Kaperoni I wanted to...comment on an article...the one that talks about the US holding up monetary reforms? I wanted to say..I agree 100% with Millionday. She is correct. There is no reporters name on that article nor is the source given. As well, there is no proof of anyone in the US that is interfering in Iraq's monetary policy, in fact just the opposite. Several articles over the years from the US Embassy in Iraq encouraging them to move forward with currency reforms. In fact today, we have one...I also sent this article to 3 different people...All three said the same thing..which was that in essence...Iraq's economy is to small for the US to interfere, and more importantly hold Iraq back or keeping the dinar weak is of no benefit to the US. On the contrary, a strong dinar benefits not only Iraq, but the the US. So based on these opinions, and the article...I say whomever put this our was simply wrong or misinformed. [See Millionday post 2-27-14]
2-27-2014 Newshound Guru Adam Montana [It appears that Maliki is trying to pressure the Kurds to pass the budget in exchange for him to have a third term as PM. Do you think this is likely? If it IS, I think we are in BIG trouble!] I don't think this means we are in trouble, but it doesn't surprise me at all. That's how these kids play!
2-27-2014 Newshound Guru Aggiedad77 Article: "Parliamentary Finance: It is not permitted to interfere in central bank policy" Yesssss...someone within the government is finally waking up to the fact that they can't get their grimy corrupt hands on the money in the CBI...two different entities.
2-27-2014 Newshound Guru Millionday Quote: "A member of the Liberal block of the Sadrist movement Bahaa al-Araji, said he would present a request to the Federal Court to give its opinion on the problem of the financial budget for the current year of 2014." there are reports out that state that the budget may not be done right away with the stunt of taking the salaries of the Kurdistan government -- the thing is that CBI does have the power at this point and always to set the exchange rates and we have been seeing the steps that we expect to see in that process. they made the order yesterday to make the dinar the only acceptable currency within the country`s borders - if that call has been actually done that is huge.
2-27-2014 Newshound Guru Millionday [Dont you think The banks need to move into conventional banking business and forget the auctions of the past?] i do think they need to move forward with the entire package of bank reforms and according to what i am seeing with international compliance and the private banking steps -- they seem to be moving to just that. they will be taking in the USD in the country if this is what they are doing with the dinar being the only currency -- we should be able to tell by the auction report it would seem to me it would be an abnormal amount to look for.
2-27-2014 Newshound Guru Aggiedad77 Article: "Because of the deficit .. warnings from the International Monetary Fund objection on the budget" The IMF is still warning Iraq about issues they see with their 2014 budget especially as it deals with the potential deficit of $35 billion dollars...the World Bank is also sending up flags, stating that they may face serious economical and financial issues as a result...in reading this article....I had a revelation of sorts about these warnings that we have been reading about in the past couple of weeks....these have all been aimed at the GOI....not the CBI...I find that somewhat telling....they must still be pleased with the efforts of the CBI or there would be warnings to them as well....just some food for thought.
2-27-2014 Intel Guru TerryK I'M HEARING WE ARE POINTED TO THIS WEEKEND. [When you say this weekend are you thinking Sunday night with the reset?] I THINK IT WILL BE MAYBE TONIGHT INTO TOMORROW. [You still looking for the 8+ rate on IQD?] ONE OF MY SOURCES FROM A FEW YEARS AGO TOLD ME 8.16 THEN. I STILL LIKE THAT [and what on VND?] LOOKING FOR 2.22.
2-27-2014 Newshound Guru Adam Montana [are there any exactly specific steps to be made by either the CBI or the MOF or the GOI that we should be looking for that will tell us that progress is being made toward IQD International Tradability at a new rate?] I'll go with HCL then an announcement by the CBI alerting everyone to the new rate.
2-27-2014 Newshound Guru Millionday there is report out that is an opinion piece about the US holding up the reform of Iraq`s currency -- i want to address this. one thing is an opinion is a statement given that has no proof or facts that can be verified. this is a fact --- the US does not own or operate Iraq --- they have gained their independence and also the IMF is through compliance not voting. this is a huge global event that has been called that in a huge number of countries as we have seen and will have a global effect...as it was stated in and by Iraq --- the Globe is depending on this to effect the economic condition so i see nothing anywhere that would give legal rights to or power to the US to hold up the Dinar.
2-27-2014 Newshound Guru Aggiedad77 Parliament Agenda for 2-27-2014 - I am not going to slug through the things listed on the agenda...but merely want to draw your attention to the fact that they have many laws in which they are reading/voting upon...but no budget as yet.
2-27-2014 Newshound Guru Kaperoni [could the GOI be waiting on a rate from the CBI and stalling until then?] I think the CBI has been ready for a while. So IMO no. [but the CBI controls the rate - you really think they're waiting on the GOI?] it is clear that Maliki interferes in monetary policy. I have statements, from the IMF, WB and even the US Embassy over the last year telling him to stay out of monetary policy. [has the CBI done all it's supposed to? Like reaching that 2% & pulling enough 000 off the street?] unlikely they are in compliance. But IMO, compliance or the 2% can be done quickly within 30 days or less. [so if they're not in compliance, how could they be ready?] it depends on what your trying to achieve. IMF Article VIII they need to be in compliance, to raise the value, they can do that anytime. 2-26-2014 Newshound Guru Adam Montana [With currencies in Turkey, Greece, EU in general, Argentina, South Africa losing their value and hyper inflation taking place, and now Ukraine going through Bank runs and civil unrest (brink of war...China economy showing signs of collapse. Talk has been discussed of a Global Reset on all currencies. I assume this would mean "all" currencies . What view would these factors have on your thinking the IQD would be involved at the same occurrence...or would the IQD be independent of the imploding countries?] Whenever I hear the term "global currency reset" I wince... half the stuff you will read on it is...conspiracy stuff, 25% of it is simply misinformed regurgitated confusion, and the other 25% is a mix of fruits and berries and maybe a little accurate information. With that said...every country will always have a value unique to their political stability, assets, etc. Regardless of when or how or where any other country "resets" or "revalues" their currency, Iraq is not China, Ukraine, or any other country. Iraq's situation depends on Iraq's actions.
2-26-2014 Newshound Guru Millionday Quote: "Called on the General Secretariat of the Council of Ministers and the Supreme Judicial Council, the ministries and departments not associated with the Ministry and the provincial councils and all not to enter any financial obligations in foreign currency amounts paid within Iraq and that commitment is performed exclusively in Iraqi dinars." this is the call to make only the dinar the national currency in order to apply rates and reality, pricing etc -- move forward. what this says is that the contracts will be able to be activated that have been written for Iraq and foreign contractors. this is one of the steps they require to apply the rate change make the country use the dinar. [no more dual currency, a wto requirement.] exactly.
2-26-2014 Intel Guru Okie_Oil_Man THIS IS THE MOST ABSOLUTELY POSITIVE DAY WE HAVE EVER HAD THUS FAR FOR OUR DREAMS AND PRAYERS TO COME TO FRUITION.
2-26-2014 Newshound Guru Aggiedad77 Article: "American Firms Line Up for Kurdistan, as Erbil Mulls US Ties" A long list of American firms are reaching out into the Kurdistan region....this list includes name brand hotels, Pizza Hut, Cinnabon, and Ace Hardware...as prolific as this list may sound...though political relations between the Kurds and the US are strained at the moment...the Kurds do welcome US businesses into the region...and they are heavily active in the oil and gas sector as well as security and construction.
2-26-2014 Intel Guru TNT Tony This should have happened last week. This weekend the hold up wasn't our fault therefore we were not penalized so you are going to get rates you will be really happy with. The NDA has been reduced to a simple one. WE have been put on alert and we should be looking for 800s real soon. It could be in the next 30 minutes, the next 3 hours or the next eight hours. We have been told things are getting ready to go. Everybody we talked today is saying "green light", everyone has won on every level. Everybody has gotten what they wanted.
2-26-2014 Newshound Guru Adam Montana [My question is what is your Intel telling you about RV, sometime this year? The reason I ask is because we are seeing the same thing regarding Iraq year after year and no RV.] I disagree - we haven't seen "same thing year after year"! Chapter 7 has been released, we are seeing constant progress on the HCL, and so on! When will it happen? Today, tomorrow or anytime after that.
2-26-2014 Intel Guru DC They have paused the process many times since Friday. They have dragged everyone in and they have started to lock down the banks and the Treasury. That’s going on right now, we are in the automated part of the process. Can they stop it? Yes, but you have to go through it to get to it. In the past 24 hours there were last minute adjustments. A few things were addressed and solved on Monday. Then there was discrepancy in CBI with their tech systems and accounting. They were running through checklist and it was completed at 1pm today. They have started actual RV process...pray this is the last time we have to go through this.
2-26-2014 Intel Guru Okie_Oil_Man I AM PREPARING FOR WHAT MAY BE ONE OF THE BEST DAYS OF MY LIFE TODAY. I HOPE YOU ARE PREPARED ALSO-
2-26-2014 Newshound Guru Adam Montana [What is the main reason(s) the CBI is waitin' on to make their move to RV/RI the dinar in correlation to the HCL issues...and if it's not just the HCL what's your take on the issues involved.] I'm leaning towards "mostly HCL". I think people start to lose sight of how important that is when as time goes on, but it is still probably THE most important factor right now.
2-26-2014 Newshound Guru Kaperoni This could be for many reasons as we don’t know the intent. It could be the US wants political stability? Or they would not let the Iraqi's have value until the violence is under control? we just dont know the motivations. Or does Iraq want to LOP and the US is keeping them from doing so? IMO, I would think its more in line with Iraq not meeting some conditions than anything else. [post 2 of 2]
2-26-2014 Newshound Guru Kaperoni Article: "Iraqi diplomat: Washington refuses to reset the dinar and its biggest loser" This is a huge article if its true. What I am getting from this is that Iraq wants to reset (what do they mean by reset) the dinar and the US is refusing to let that happen...and hence the new plan to "gradually appreciate" the dinar. Could it be that the two sides to this currency issues ...is that Maliki is standing up for the US side? [post 1 of 2....stay tuned]
2-26-2014 Intel Guru TerryK A LOT OF STUFF GOING ON IN IRAQ...THEY ARE PASSING A LOT, I MEAN A LOT, OF NEW LAWS LAST NIGHT...SEEMS THEY ARE IN A HURRY FOR SOMETHING. A LOT OF STUFF GOING DOWN...WHAT I GOT YESTERDAY...THE IMF IS HOLDING THIS UP BECAUSE IT WANTS A STRONGER SAY SO WHAT'S GOING ON IN THE WORLD AND TAKE SOME OF THE POWER AWAY FROM THE USA. THAT CAME FROM A GOV. SOURCE YESTERDAY. THE VDN IS STILL STRONG. I WAS TALKING TO WF [WELLS FARGO] GUY...LAST THURSDAY...HE...TOLD ME IT WAS GOING TO GO UP IN VALUE ACCORDING TO HIS GUYS.
2-26-2014 Newshound Guru Aggiedad77 I believe the CBI is talking again...indirectly...and maybe through some others...but they are talking and we should be paying attention and reading with purposeful intent...we have seen talk of monetary values down to the "fils" level in one article...Parliament MP admits they can't touch CBI funds. There are even claims by the Iraqi's that their currency is being traded at US banks...are you kidding me...I'm thinking that this could very well be a slip of the tongue...and "OOPS" that signals some things to come very soon...
2-26-2014 Intel Guru Frank26 I do not know the rate...But I understand it and appreciate it like the breaths I take. I do not know the date ...Yet know this date has arrived.
2-26-2014 Newshound Guru Millionday [so what is the timeline other than a WTO workshop in march?] they are required to have the international rates set and also the currency has to be internationally recognized -- this requires the actual rate of their currency set to all foreign currencies...also we have seen cbi stating from their own words -- they have met with the bankers and they are raising the value and setting the rates -- they have announced that the are activating laws and regulations and that we are watching steps that include the workshop about the economic reform that has already occurred that lead to international banking. [post 2 of 2]
2-26-2014 Newshound Guru Millionday Article quote: "Director of the Department of Foreign Economic Relations at the Ministry Hashim Mohammed Hatem, said the ministry is working in collaboration with the U.S. mission to hold a workshop mid-March next team training Iraqi negotiator regarding accession to the World Trade Organization..." i take it as it is a meeting with the US and Iraq with the WTO...this in mid march is the accession workshop -- i am excited about it due to the fact that they have met multiple times and have done huge training as well -- it gives us a timeline. [post 1 of 2....stay tuned]
2-26-2014 Newshound Guru Kaperoni [What do you think about having the RV before elections? Is it still possible?] anything is possible but that being said on television they say they will address the currency reform directly after the elections. The problem is there still remains conflict. many MPs and economic experts want this currency reform done now and yet the Maliki and his people don't. if they pass them laws in a basket, it may very well change the opinions of many. [post 3 of 3]
2-26-2014 Newshound Guru Kaperoni Article quote: "the Presidency of the Council of Representatives may tend to decide the continuation of the work of Parliament until next June 14 to approve the budget, instead of ending the age of 15 next March, after a legal expert to confirm the constitutionality of this procedure, and that mandatory vacation months begin when prescribed by law. " ...they are going to extend parliament to June? This is good news giving them more time to pass these critical economic/banking laws. This could be an interesting power play Since the elections are scheduled for April 30th. [post 2 of 3....stay tuned]
2-26-2014 Newshound Guru Kaperoni Article quote: "confirmed member of the Committee on the economy that the project is working to review the 2500 law and order or instruction economic, will be submitted to the Council of Ministers in the form of a single package of reforms, in order to approve a one-time allowance to provide every law on the unit and avoid political differences and speed in approval," a single package of reforms...the GOI is going to pass the economic laws in basket...good news for sure. the funny thing is about 4 months ago some MPs said it was illegal to pass laws in a basket. [post 1 of 3....stay tuned]
2-26-2014 Intel/Newshound Guru Poppy3 I THINK WE ARE IN A DAY BY DAY PERIOD AGAIN AND I STILL THINK MALIKI HAS TO RV AT LEAST 30 DAYS PRIOR TO ELECTION AND NOT A MINUTE LATER FOR HIM TO BENEFIT AND TODAY WOULD BE BETTER FOR HIM. [When is the Election?] IN APRIL ON APRIL 1, APRIL 15, OR APRIL 30. TAKE YOUR PICK. ALL HAVE BEEN MENTIONED BUT DEFINITELY IN APRIL. [post 2 of 2]
2-26-2014 Intel/Newshound Guru Poppy3 I HAVE HEARD THREE DIFFERENT DATES FOR THIS TO HAPPEN OR BE IMPLEMENTED BUT THEY HAVE BEEN MOVED THREE DIFFERENT TIMES ALREADY LIKE THE BONDS THAT WHERE SAID TO BE GOING TO GO ON SALE BACK DEC. 16TH THAT WAS MOVED TO JAN 1 AND STILL HAVEN'T BEEN RELEASED TO THE PUBLIC AS OF TODAY AND THERE IS EVEN TALK THEY WON'T BE TILL 2015. I TOTALLY DO NOT THINK THEY WILL BE DELAYED THAT LONG. [post 1 of 2....stay tuned]
2-25-2014 Intel Guru TerryK IRAQ HAS PUT OUT THAT WHEN THE CURRENCY RV'S IT WILL BE A FREE FLOAT. SOURCES TELLING ME THERE IS A SLIM CHANCE TONIGHT AT 3 AM BUT THE BEST OPPORTUNITY IS TOWARDS THE WEEKEND, SO WE SHALL SEE. I'M ALSO HEARING NEW CURRENCY OUT BY 3/4/14.
2-25-2014 Newshound Guru Aggiedad77 Article: "Parliament to raise its next Thursday" Apparently there was a quorum on the Parliament floor today and a number of laws were read for the first and second times....but no budget bill was on the agenda....next session will be Thursday.
2-25-2014 Newshound Guru Med NEXT WE HAVE NO FREE MARKET ECONOMY AND THEY STILL ARE NOT IN ARTICLE VIII NOR HAVE THEY MOVED TOWARDS THE WTO. THOSE ISSUES ABOVE TO ME ARE SOME OF THE MOST IMPORTANT KEYS TO SUCCESS HERE. I DONT EXPECT...THE CURRENT GOVERNMENT...TO EVER MOVE TO THE FREE MARKET AND THE REASON FOR THAT IS THEY WILL HAVE TO GIVE UP CONTROL OF THE OIL. A FREE MARKET ECONOMY...THE IMF REQURIES THAT A GOVERNMENT ONLY CONTROL 49% OF THE REVENUE PRODUCING COMPANIES...IN '09 MALIKI REFUSED THEN ALSO. [post 2 of 2]
2-25-2014 Newshound Guru Med I UNDERSTAND THAT EXPERTS ARE CALLING FOR THE DELETION OF ZERO'S STILL WHICH IS WHAT WE WANT. I AM STILL WAITING TO SEE WHO TAKES CONTROL OF IRAQ FROM THE ELECTIONS. THEN WE WILL HAVE TO REVIEW THE RESULTS AND DISCUSS THE DIRECTION THAT IT APPEARS IRAQ WILL MOVE TO. WE STILL HAVE IN MY MIND SEVERAL ISSUES. FIRST IS CORRUPTION. [post 1 of 2....stay tuned]
2-25-2014 Newshound Guru Tlar Maliki...ultimately is in a no win situation and he will become more desperate as each day goes by. I'm not ruling out anything at this point - that he won't do to stay in power. His colors were just exposed in the article that said he was holding the budget hostage until the Kurds knuckle under and support him for a third term.
2-25-2014 Intel/Newshound Guru Poppy3 THE LD'S ARE PRINTED AND ARE IN PLACE TO BE USED ONCE MALIKI GETS READY TO WIN VOTERS OVER AT HIS BEST TIMING PRIOR TO THE ELECTIONS. EVERYONE ELSE HAS BEEN READY FOR THE RELEASE AND INCREASE IN VALUE FOR WEEKS AND HAVE SAID SO MANY TIMES OVER THE LAST THREE WEEK AND EVEN BEFORE.
2-25-2014 Newshound/Intel Guru Dinar Daddy According to my sources within Iraq, things are about to change within the next year. Specifically what those changes are, I have learned not to share and speculate openly. All who are still holding on to the dream of the Iraqi Dinar revaluing, of Iraq rising from the ashes, of a redenomination of the currency that will then open the door to an increase in the value of the IQD, should remain connected to information that will help them. I'm concerned too many have become apathetic due to careless people who've "cried wolf" one too many times in the past. I'm not in the "rumor gathering and sharing" mode of following the Iraqi Dinar. I'm in preparedness mode for what may come...do NOT disengage from being aware at this point in time.
2-25-2014 Newshound Guru tlm724 Article: "A proposal for the establishment of a supreme body concerned with bank" Quote: "The parliamentary Finance Committee has asked the prime minister to send the law to protect bank deposits to Parliament for discussion..." this article is a repeat and this call for action is great to see! They will IMO pass this law asap, its that important and they know it "being one of the important laws that encourage the process".
2-25-2014 Newshound Guru Aggiedad77 Article: "Barzani: We will not discuss the budget issues with Baghdad again" Kurd PM Barzani has now stated that the Kurds will not be returning to Baghdad to negotiate.....this comes after Baghdad has enforced an economic stranglehold on the Kurds by withholding salary payments to the Kurd employees for Jan and Feb....Barzani states this must end before they will talk again.
2-25-2014 Intel Guru TerryK ...THERE IS A DELAY IN THE RATIFICATION OF THE BUDGET AS IT HAS BEEN FOR THE PAST 6 YEARS. WHAT I HEARD IS THEY WILL TAKE CARE OF THIS IN A FEW DAYS BECAUSE OF THE ELECTIONS...IT'S ALL ABOUT TIMING. SOURCES ARE TELLING ME THAT TONIGHT IS A CHANCE AT 3 AM REALLY WED MORNING, BUT THIS WEEK. I'M THINKING AGAIN THURSDAY BUT THEN AGAIN WE WAIT AND SEE. [post 2 of 2]
2-25-2014 Intel Guru TerryK I FEEL THAT WE WILL SEE THIS BEFORE THE 4TH. [Of March?] YES. ...THE IMF PUT A STOP ON EVERYTHING YESTERDAY AFTERNOON? ALL ABOUT CONTROLLING A VOTE AND ARE PLAYING HARDBALL WITH THE US...I CAN'T CONFIRM IT. I DON'T THINK IT IS SMOKE. [post 1 of 2....stay tuned]
2-25-2014 Intel Guru EXOGEN 6. THIS IS TIED DIRECTLY TO IN COUNTRY MONEY SUPPLY & FIGURES 7. THE LOWER DENOMS MUST BE RELEASED SOON 8. THE CBI IS OPERATING LIKE THE FEDERAL RESERVE BANK 9. THIS IS TIED DIRECTLY TO THE NEW OPEN MARKET POLICY TO BE IMPLEMENTED 10. FOREIGN OBLIGATIONS CAN NO LONGER BE PAID IN USD AS OF YESTERDAY IN IRAQ 11. THERE WILL BE A 1:1 RATIO REQUIRED AT A MINIMUM 12. BANKS IN IRAQ HAVE NO LIQUIDITY 13. IRAQ IS UP FOR ARTICLE IV REVIEW WITH THE IMF IN DAYS. [post 2 of 2]
2-25-2014 Intel Guru EXOGEN UPDATE ON IRAQ MONETARY POLICY & CURRENCY REFORM IN CONDENSED VERSION: 1. THE CBI HAS TAKEN IN TRILLIONS IN DINARS FROM ALL OF THE BANKS 2. THE 2 LARGEST BANKS REFUSED TO TURN THEIR DINARS IN 3. THIS IS ALL TIED TO IMF ARTICLE 8 COMPLIANCE 4. UNDERSTAND DE-DOLLARIZATION AND RE-DENOMINATION IN MONETARY POLICY 5. THE EXCHANGE RATE HAS TO ADJUST NOW. [post 1 of 2....stay tuned]
2-25-2014 Newshound Guru Millionday Article: "General Secretariat of the Council of Ministers calls on state institutions to implement financial Altzmadtha local currency" Quote: "...not to enter any financial obligations in foreign currency amounts paid within Iraq and that commitment is performed exclusively in Iraqi dinars." This is setting regulations -- the first rate change will be in the current currency with added denoms. they have reported that they are going to add a new currency after the fact and it was to be at the first part of 2014...it shows compliance being demanded as well...it appears they are moving forward with or without parliament.
2-25-2014 Intel Guru Fisherman1 [any truth to the hoopla about 17% imf voting being an issue?] USA will always have strongest vote in IMF...but that meeting did not happen.
2-25-2014 Intel Guru EXOGEN The Chinese were furious when told last night, but the IMF refused to allow anything to move until the impasse was solved. The IMF picked up and walked out of the meeting. They admitted that they cannot control the vote. Once the RV is posted, the currencies go asset backed and Brazil, India, China and Russia would assume equal shares and the U.S loses control. [post 2 of 2]
2-25-2014 Intel Guru EXOGEN The U.S. stopped the RV. The IMF needs 85% votes to move anything forward and the U.S. holds 17%. Subtract 17% from 100% and nothing can be done unless the U.S. agrees. They are playing hard ball to maintain the majority voting rights and then keep the USD as the Euro dollar for purchasing oil. [post 1 of 2....stay tuned]
2-24-2014 Intel Guru Fisherman1 People it has always been a once in a lifetime event, it has always been a work in progress, it has always been confusing, it has always been drug out, but now all have agreed on what is best for the American people and the rest of the World and all agreed, now we wait on 800 numbers, not weeks, months, its time, its coming....believe me or not. It’s here.
2-24-2014 Newshound Guru Kaperoni Article: "Confirmed that the move of the private sector will absorb unemployment rates for parliamentary Finance (Badr): New stability in the price of the dinar against the dollar" ...clearly the IMF and Finance Committee (Abdul-Hussein al-Yasiri) are on the same page. IMO there is no doubt that the IMF has been very transparent on the intentions of the dinar. ...the IMF Article IV consultation states...gradual appreciation based on the Balassa-Samuelson effect. Here is the definition...“In 1964, academics Bela Balassa, a Hungarian economist, and Paul Samuelson, a Nobel-Laureate economist, independently observed that countries with higher levels of productivity growth experienced rapidly rising real wages and so appreciating real exchange rates."
2-24-2014 Intel Guru TNT Tony I have talked to several sources today and this is what I heard....EVERYTHING IS BEING DONE AND WE ARE IN THE FINAL STAGES.
2-24-2014 Newshound Guru Tlar Article: "The specter of bankruptcy in the Kurdistan region threatens to declare austerity" The Kurds need to stand their ground and not cave in to Maliki. Maliki is trying to intimidate them into voting for him for a third term. Blackmail pure and simple. For sure they will attempt to hold the elections up if they don't get their way. They are fearful that if they get knocked out of office, prosecutions will follow.
2-24-2014 Newshound Guru Kaperoni Article: "Parliamentary Finance: The government may have to borrow from the central bank to pay salaries next March" The reality is the IMF, World Bank have warned them for the last few years that they need to get away from total oil dependency, and to cut spending. Yet Maliki's GOI continues to increase spending and hiring of Iraqis' on the GOI payroll. Some 70% of the budget is salaries, wages, etc...which soon will be a mess as they have no money to pay anyone (since the budget is not passed). Though we may not like this, it may be what it takes to get these clowns to change their way of thinking and transition to a market economy.
2-24-2014 Newshound Guru tlm724 Iraq Is Positioning itself for a big move!!! ...article posted by BondLady on June 5, 2012: "Iraq is expected to become full member of WTO within two years June 5, 2012" not only are they positioning themselves for the final push into the WTO they are also preparing to accept the requirements for Article VIII of the IMF! they cannot go forward without the currency reform and...we are right up on that 2 year time frame mentioned above!! it really is happening!
2-24-2014 Intel/Newshound Guru Poppy3 MANY...BANKING LAWS WILL BE ACTIVATED UPON THE APPROVAL OF THE BUDGET AND IT APPEARS THE RV WILL BE VERY CLOSE TO ALL THESE LAWS BEING ACTIVATED. [March looks promising?] FEBRUARY ISN'T OVER YET...POSSIBLE ANYTIME FOR SURE.
2-24-2014 Intel Guru Jester [Are things still moving in the right direction - or stalled?] I BELIEVE SO...PROGRESS IS BEING MADE STEADILY...YOU CAN SEE IT IN THE NEWS IF YOU LOOK.
2-24-2014 Newshound Guru tlm724 Article: "Turkey: trade with Iraq exceeded 12 billion U.S. dollars in 2013 and 400 thousand Iraqis visited us recently" the trade numbers being put out by all these different countries are astonishing and growing everyday ! Article quote: "Strict measures to control the work of the customs police" they are linking (electronically) to be able to control and account for all items going out and coming into the country, absolutely necessary...all part of WTO requirements. 2-23-2014 Newshound Guru Millionday the reality rate and the reality of the economy is reliant on the rate being set to enter the globe -- the actual value of the prices and the price of the dinar -- the actual calculated rates. the wto will be something they enter after they set the rates. we watch the wto becuase it is a given to know that if they are declared active in march -- we have a clue from that --- that they are planning on that being done and preparation for entry to the globe being done and ready for trade.
2-23-2014 Newshound Guru Aggiedad77 From the Arabic side of the CBI this morning...a great news announcement...they continue to pull dinar into special accounts...just this week alone...slightly over 1.1 trillion dinar...Frank [Guru Frank26]...states...4 trillion in just 2 weeks...that is mucho dinar in such a short period of time...the CBI is talking...listen for them...watch for them.
2-23-2014 Intel Guru TNT Tony Things are progressing, but no results yet. I am being quiet for a reason though, so let's hope they can pull this off. I'm hearing good things but I'm waiting to see.
2-23-2014 Newshound Guru Aggiedad77 Article: "An urgent session of parliament to postpone next Tuesday for lack of quorum" Ok, the Kurds didn't show up...the Coalition of United didn't show up...so there was no quorum for Sunday...wondering what makes this urgent...next session is Tuesday...
2-23-2014 Intel Guru Okie_Oil_Man RECEIVED TEXT THIS MORNING STATING WE SHOULD RECEIVE 800 NUMBERS BY TONIGHT --- TIME WILL PROVE OR DISPROVE TEXT.
2-23-2014 Newshound Guru Enorrste I like it when two sides have the courage to step up against the government directly like this. It means that SOMEONE is finally getting the courage to "tell it like it is" to Maliki. This may have some meanings under the surface: Maliki may be losing control and may not have a clear majority for the upcoming election. Furthermore, it may be obvious. After all, this argument from the parliament could have been presented months ago. So why is it coming out now? I suggest that there is political movement that is running against Maliki, and that people are getting more courageous because of it. Whether it forces Maliki to move is, of course, another matter altogether. [post 2 of 2]
2-23-2014 Newshound Guru Enorrste Article: "Experts: Delete the zeros from the dinar increases its strength against the dollar and easy to draw a price policy" I found this article to be extremely uplifting. The parliamentary committee pulled off the gloves and told the "parking government" (i.e., not moving forward) that its weak reason for delay is not justified and will no longer be tolerated. However, more importantly to me, is that they also stated that they will appeal to the constitution itself in an effort to get the ball moving forward. The constitution is clear that the CBI is the ONLY department that has the authority to issue a new currency. Implied in that is that the CBI also has the authority to change the value of the dinar, which is necessary before a new currency can be issued. Therefore, what we are seeing is that the parliament is getting behind the CBI and...TELLING the government to "butt out" of the issue and let the CBI do its job. [post 1 of 2....stay tuned]
2-23-2014 Newshound Guru Millionday ...the budget is on the agenda for Sunday and they are saying...that within 20 days they will have voted in so there is a deadline....it is not the budget that is not agreed on -- it has always been the oil issue according to the country legal committee.
Read more: http://www.dinarguru.com/#ixzz2vCUx8DZW
3-5-2014 Intel Guru TD The buzzword of severe letdown was the WTO ascension being put off AT LEAST ONE YEAR, MOST LIKELY TWO. Further negotiations of this are DOA till 2015 or beyond. According to my source it even now seems unlikely for RI, RD to be put into effect till a new government forms this summer. Maliki as it stands now will not win re-election as support from various factions is dismal. IF MALIKI STEALS AWAY ELECTIONS LOOK FOR A CIVIL WAR TO ERUPT IS THE MESSAGE OF GRAVEST CONCERN RIGHT NOW! [post 2 of 2]
3-5-2013 Intel Guru TD I am still in touch with my contact although I am not an active Investor anymore. I was able to find out a few items of interest...: Maliki is under heavy pressure from ALL SIDES and time quickly running out before elections. Struggles with insurgents continues. The government financial balance sheet is in crisis mode with no help from Parliamentary members. Parliament is even more divided than even our US Congress & MOST will not act on anything to help the Maliki administration. [post 1 of 2....stay tuned]
3-5-2014 Intel Guru TNT Tony The call centers & currency exchange centers are manned and lunch is to be brought in to them and phones have to be left in their cars so they cannot contact anyone. The 800#'s have been released to the banks and some individuals have them too, but can't give them out yet until it's public knowledge. Other things are happening...it's not just the GCR/RV. It has to do a lot to do with our future as a nation that is causing part of the delay. There is a rumor saying China is going to pull out. They have set a deadline...drew a line in the sand & we're very close to it. I am hoping for the RV...It could happen in the next 10 mins, 10 hours or next 24 hours. I know rate or what they said it would be. [Are double digit rates still possible?] Yes, they are still possible. [post 2 of 2]
3-5-2014 Intel Guru TNT Tony Everything is signed off, Iraq, Maliki and the UST have done all they are supposed to do. Everyone is just waiting for a certain time, but they are excited and saying that IT IS OVER AND DONE. We know it’s not actually over and done until I am walking out of the bank. The GCR is supposed to be announced today, and that cannot happen without the RV happening. We are hearing things have been on TV, CNBC, a ticker tape at the bottom saying that China signed off on the VND and the rate it is to come out at is $6.05...that is the high rate. It may not open up at that rate & may not stay there long. [post 1 of 2....stay tuned]
3-5-2014 Intel Guru Bluwolf Just because someone said the Chinese pulled out does not make it true...this is business and they are stronger then ever. They haven't gone anywhere, they still have there headquarters in the US, everything is running like its suppose to... Things expected (rv, gcr...) are in swift movement with no delays, rates are still attractive and deemed high...The Global Reset is now on its arise, it is in the air and being fitted into place by those in the know. ...this rv situation now is imminent and that all shall transpire strictly as planned.
3-5-2014 Intel Guru TerryK [DID M (MALIKI ?) SAY THAT HE WAS GOING TO APPROVE THE CHANGE IN THE RATE WITH OUT BUDGET APPROVAL?] HEARING THIS AS A RUMOR. [How many of your sources think by Thursday vs within 2 weeks?] 4 OF THEM.
3-5-2014 Intel Guru SteveI I am confident just from the facts that we are so very close to having this investment payoff sooner rather than later. According to Ray's [Guru Ray] sources, we should see the budget getting voted on this week. Many of you keep saying...that the budget has nothing to do with a change in the Iraqi currency..believe what you want. I base my beliefs on facts only. It is what it is and the facts point to a change very soon.
3-5-2014 Intel Guru Frank26 [via Anonymous] all the articles this week show they are running out of time, and all the procedures steps they are doing will collapse down into one big step which is the release of the new rate!
3-5-2014 Newshound Guru Millionday Article quote: "The federal budget is not just like any other laws they represent the backbone of the life and durability of the Iraqi state in the facilities of life all..." they are obviously announcing that the budget is the open window to the world...we should see the budget in the very near future...i have to say that all of the timelines they have stated that are within the month -- i am very encouraged.
3-5-2014 Newshound Guru Kaperoni [So that said it could be a long wait on an RV.] it is not in their interest to wait, and it would be of no benefit toward the plan for Iraq to continue to wait. [Even if it is true that Iraq is not ready to join the WTO that in itself does not mean they won't RV their currency soon. One is not necessarily tied to the other.] that is correct. There was a real good statement made on TV last week...it sums up Iraq's positions with the currency. "A group of parliament members renewed their call to the central bank to start serious preparation for the deletion of zeros project; any further delays will harm the entire economy and progress Iraq is witnessing." So there u have it, any further delays will harm what they have worked so hard for.
3-5-2014 Newshound Guru Kaperoni they were 95% dependent on oil and that apparently was reduced to 94% as of late, yet they just increased output significantly to 3.4 mbpd. they have no chance of WTO accession. it was stated directly from the WTO last year 4 key issues with Iraq and the most significant one is that they would not qualify for WTO accession until they reduced the dependence on oil to below 80% I think and that was confirmed yesterday with a long article that came out that discusses those meetings with the WTO stating it would not be good for Iraq to proceed. it even said it would be at least 10 years before they are ready. Here is a quote from that article: "that enter Iraq for the organization will not be in his favor and in any case for at least the next ten years, as it will fly massive damage to Iraq". 3-4-2014 Intel Guru TerryK I GOT WORD TODAY THAT WE MAY SEE THIS IN THE NEXT TWO WEEKS BUT OTHER SOURCES SAY TONIGHT THRU THURSDAY. GOLD STANDARD ROLLING IN, IN AM. KEEP YOUR FINGERS CROSSED FOR TONIGHT ALL. WITH THE ANTICIPATION OF NEW GOLD STANDARD COMING IN THE AM, MAYBE JUST MAYBE WE ARE THERE.
3-4-2014 Newshound Guru Kaperoni i found it interesting they are waiting till after the elections. well, it perked my attention because we have been hearing the currency reform will also come or be reviewed after the elections. [Is this also the compliance meeting for article VIII?] yes. [this consultation, what does that do for us or them?] it gives us the details on the state of Iraq's banking and currency reform. [so you think the RV or whatever will come after elections then?] they are saying almost daily on tv in iraq two things...1. they need currency reform now and the dinar is grossly undervalued, and 2. it must be addressed directly after the elections. So those looking for the IMF Report..we have to wait...but the IMF waiting till after the elections is interesting and makes one think. technically, the CBI can raise the value anytime that is their job. [post 2 of 2]
3-4-2014 Newshound Guru Kaperoni We all know the CBI meets with the IMF...last year they had two such meetings or Article IV Consultations and after the second, stated that they would be on a annual basis here on out...it was scheduled for March 2014 which would have been nice to have another banking/currency report coming this month. So i received an email yesterday from the IMF. Here was my question and the response. Is the Article IV consultation scheduled for March and when can we expect to see the report? The answer came from the Director of the IMF - Iraq (located in Jordan), Shbaikat, Gazi is his name. "Will be this year, in second half after elections, and report a couple of months from date of consultations. We may have an update sooner." So it is pretty clear it will not be in March. [post 1 of 2....stay tuned]
3-4-2014 Newshound Guru tlm724 Article: "Citizen: an agreement between the National Alliance and the "independents" to pass budget" that will help achieve a quorum...in the event of approval of 170 members in the parliament, it becomes possible adoption of the budget by majority.
3-4-2014 Intel Guru TerryK my brother who also has VND...just saw on CNBC that O [Obama] signed agreement with China today and tomorrow VNN will open at $6.05. HECK I WOULD TAKE THE .05 FROM THE 6.05. WHO IS GOING TO WATCH THE VNN TODAY AS IT DOES NOT NEED TO RV OR ANYTHING AS ITS A TRADED CURRENCY NOW. THE VALUE WILL JUST SHOW.
3-4-2014 Newshound Guru Millionday [(What is) the possibility of them being able to approve the budget without the Kurds?] they can release the foreign currency rates and the reality of the value of the dinar without the budget in place entirely and also they only have the issue with the oil proceeds left that state where the money is to be held.
3-4-2014 Intel Guru Frank26 There are lots of meetings and lots of travel between Iraq and the US this week…Would they waste precious time and travel to talk about nothing of significance? ...they are talking about moving IQD to other banks and other countries, and that requires a new rate. Meetings to conclude at the end of this week, and we hope Iraq is to be congratulated on their compliance to article 8, and they are prepared for the IMF article review sometime between Mar.14th-17th! [post 2 of 2]
3-4-2014 Intel Guru Frank26 [via Anonymous] “in his opinion” we are “dangerously close” to seeing the rate of the IQD go up in value! ...if all goes as evidence points, to article 8 compliance and approval from the IMF in the article 7 review this month, it looks like this is coming to an end. Russia and Ukraine is a separate issue and will NOT affect the RV...all we want is to see the bonds and the rate. [post 1 of 2....stay tuned]
3-4-2014 Intel Guru Jester [So, as soon as they figure out the exchange rate stuff, etc., we may be good to go with the GCR/RV?] I THINK THAT IS PRETTY MUCH ALL FIGURED OUT. [There are all kinds of rumors today that the group rate with China is now gone...have you heard anything?] I HAVE HEARD THAT. [so if chinas out who will buy the dinar?] I BELIEVE WE HAVE A MINOR SETBACK TO WHAT HAS BEEN PLANNED...TO ME THE ISSUE IS MORE OF A TIMING ISSUE THAN ANYTHING ...MAY NOT WORK OUT TO EXACTLY THE WAY IT WAS GOING TO... BUT WE WILL SEE... OTHERWISE... STREET RATE FOR EVERYONE AND THE DINAR STILL GOES TO CHINA... SO THAT PART DOES NOT CHANGE...THEY STILL WILL LIKE TO HAVE THE DINAR SO THAT PART WILL REMAIN AND THAT IS A GOOD THING.
3-4-2014 Newshound/Intel Guru BGG I do not believe THE DINAR to be a scam - …and there is significant proof of such. It is the currency of a COUNTRY. However, it is also important for us to be ...thoroughly diligent with all available information.
3-4-2014 Newshound Guru wmawhite it was announced last year that the 2014, 2015 and 2016 budgets would be based on a rate of 1.16 IQD = $1.00. [do you think that could be our rate?] I personally do not know...but I would take it.
3-4-2014 Newshound Guru Kaperoni This "dose of reality" may very well slow down Iraq's ambition to raise the value and make the dinar convertible. Really no way to know...just wait and see. ...the WTO told Iraq several times over last two years they need to reduce oil dependency before they would gain accession...this article is a few economists and other experts confirming that fact. ...WTO accession is not happening soon. [post 2 of 2]
3-4-2014 Newshound Guru Kaperoni Article: "Where are the advantages and disadvantages of entering Iraq to the World Trade Organization?" Looks like they had some pretty serious discussions with Iraq over the WTO and the end result is clearly Iraq is not ready and it would do more harm than good. Despite the benefits, it looks like they will not get accession for..."at least the next ten years." My personal view is I had hoped there would not be a delay because I always thought the potential of accession was motivating them to get the dinar international. [post 1 of 2....stay tuned]
3-3-2014 Newshound Guru Millionday [when is the WTO?] the middle of march is when the wto, the US, and Iraq meet on accession...they are having a workshop -- this would mean the check up to ensure all is done. [do u think they will become a voting member w/ a currency then or not yet please?] the currency rates will need to be set to do trade in the world -- so before... know that the reality rate is a financial obligation to the active membership for the WTO.
3-3-2014 Newshound Guru Kaperoni Article: "Not to take advantage of financial liquidity misses an opportunity to prosper" This is exactly what the UST was doing in Iraq to get these banks to start lending and functioning as banks. The "interbank" market is key for the CBI to move forward.
3-3-2014 Intel Guru TNT Tony Nothing negative...last minute details to get ready...things are looking good. We are still expecting it. Someone wanted it to stop and that wasn't approved...hopefully nothing else affects it and that we are still on schedule for tomorrows GCR [Global Currency Reset] announcement ...can be any moment. We should see RV before or at same time. The IQN has 4 rates. The international rate and the market rate will have no NDA. the higher rates will have an NDA. The VNN only has 3 rates. I'm not sure VNN will have an NDA for any of rates.
3-3-2014 Intel Guru Okie_Oil_Man I HAD FULLY EXPECTED TO DO A POST TODAY OF ENLIGHTENMENT AND EDUCATION. THE EVENTS THAT HAS OCCURRED FROM SATURDAY NIGHT TO THIS MORNING FROM SOURCES TIED DIRECTLY TO THE PAYMASTERS OF THE R/V HAS MADE THIS LAST EDUCATIONAL POST UNNECESSARY. WE ARE IN THE BEST POSSIBLE POSITION AT THIS TIME AND ARE EXPECTING THIS WITHIN A COUPLE OF DAYS AT THE MOST. (THAT'S THE OUTSIDE ACCORDING TO SOURCE'S). THESE NEW CHANGES JUST MADE COULD NOT BE ANY BETTER FOR US. KEEP THE FAITH FOR THE INEVITABLE. TODAY AND TOMORROW MAY BE THE MOST IMPORTANT DAY'S OF SOME OF OUR LIVES.
3-3-2014 Intel Gurus Shredd & tlm724 Article: "Deputy for the law is likely to approve the budget in the coming days" approving the budget of the Federal Assembly in the coming days...show us you can do this. budget passing will be good but the hcl fully implemented is what we need, kurd agreement on oil money...and the HCL is tied to the budget!
3-3-2014 Newshound Guru Kaperoni Article: "House finishes first and second reading of the seven laws" Well it's a start...but they need to prioritize and get these economic laws/banking laws front and center.
3-3-2014 Intel Guru TerryK [What about cashing in (exchanging)? Have the masses of elite done that?] NO. AGAIN HOW WOULD THEY EXCHANGE IF THE RATE IS STILL THE SAME. [From what i understand the process is done just not released yet.] THAT MAYBE TRUE. [post 2 of 2]
3-3-2014 Intel Guru TerryK [We hear it both ways...has there been an in-country RV in Iraq or not?] NO, THERE HAS NOT...ONE OF THE SOURCES TOLD ME THIS...NOT TO EXPECT THIS UNTIL SEPT OF 2015 BUT HAD NOT GIVEN ME A REASON. BUT WHEN I TALK TO MY OTHER SOURCES THIS WEEKEND THEY ALSO SAID NO WAY TOO MANY THINGS HAVE HAPPENED AND THEY NEED THIS LIKE ASAP...NOT ONLY IRAQ BUT THE REST OF THE WORLD. ALSO IF YOU LISTEN TO THE NEWS FOX, CNN AND OTHERS NONE OF THEM ARE ON THE GLOBAL RESET ARE THEY. BECK AND RUSH TALK ABOUT IT AND WHATS COMING BUT MAINSTREAM USA DOES NOT HAVE A CLUE. [post 1 of 2....stay tuned]
3-3-2014 Newshound Guru Aggiedad77 Article: "Najafi "blocking" the budget despite the availability of a quorum of the Parliament" Three articles together that all indicate the State of Law bloc was not pleased that Speaker Najafi again blocked the Budget from the Parliament agenda...as a result, some of the State of Law bloc got up and walked out, reducing the head count such as they no longer had a quorum.
3-3-2014 Intel Guru Jester THE REASON IT HAS NOT MATERIALIZED YET IS IT IS NOT TIME FOR IT TO HAPPEN... NO MATTER WHAT ANYONE ELSE SAYS THAT IS SIMPLY THE WAY IT IS...FOR ALL THE PEOPLE CALLING IMMINENT RV...GET A GRIP... STOP LISTENING TO THE UST.. THEY WILL LIKE TO DO IT EVERY NIGHT... BUT THEY CANNOT... DOES NOT WORK THAT WAY. 3-2-2014 Intel Guru Freeway Bill With the information that I have heard through many arenas and from many great people who work very hard on this blessing, I must tell you that in my opinion, we may be now in a situation where everyone will be paid a street rate that the banks will have a "spread" on. This levels the playing field so all people have the same opportunity and reward. Personally I like this scenario. Why? Because, if you go back when you purchased your dinar and dong, you were thrilled with the thoughts that the rate could be a dollar for the dinar and 5 cents for the dong. Whatever you come out with will be a blessing beyond belief, right?
3-2-2014 Newshound Guru Kaperoni Article: "Economic Commission expects the dollar due to delay budget" Quote: "She added that there is a rise in exchange rates will happen in the currency rates in light of the budget delay..." [So, budget doesn't matter?] The budget has never
mattered. [Kaperoni quote from 1/8/13] If for some weird chance the dinar came out at 1 to 1 or slightly higher, they could modify the budget (investment side), to incorporate that rate and purchasing power from the savings. The one's that keep talking about the budget have little clue about business or how governments are run.
3-2-2014 Newshound Guru Bondlady Article: "Abadi: the financial reserves of the country reached its end" ...good article, the country is runnin outta money an fast...monetary change is sure coming an we can sure see it happenin too, imo. dinar dryin up in all provinces an why? cbi keepin all big notes maybe? gettin ready to release lowers? [it only gets better with each passing day!] sure does.
3-2-2014 Newshound Guru Millionday [are you saying the Budget is agreed on but not passed?] the budget has been agreed on except where the oil proceeds are going to be put for the kurds. [if this budget does not get in this session, what are the ramifications?] they are saying that it is done but not activated and according to the constitution it has to be activated this session -- it is in a basket of 6 with the hcl. [Weren't they given 20 or so days a couple of weeks ago to get this finished and that date would be up on or about March 7th?] the 7th was the date that ended the 20 days given to have the budget in place and voted through. they said that the constitution demands that it has to be done in this session and can not be put off until the coming session. [post 2 of 2]
3-2-2014 Newshound Guru Millionday [With all of the iqd pulled out if the country how long can they go before rv?] not long with the condition they are in (meaning the bills) -- they have pulled the high denoms to prepare for small and the removal of the 3 zeros. [are all the 000's pulled?] when they are -- we will be done. they will not get ours until the rate changes. [Is it safe to say the rate won't be released until after the WTO?] no they need it before to be active in world trade through the WORLD TRADE ORGANIZATION (wto). [I heard that Maliki was holding the budget hostage because he wants the Kurds to promise they support his bid for a third term.] the promise could not be made with electronic electoral cards and also with the citizens voting. [post 1 of 2....stay tuned]
3-2-2014 Intel Guru Frank26 I TEAM said two days ago that the KURDS left Baghdad happy with the budget
3-2-2014 Newshound Guru Millionday this is one of the things that need to be all done at the same time -- we predicted that some laws would be complete and all would be activated at the same time to keep from illegal activity due to one being in place that does not work properly without another etc...some say that the federation council and the hcl will be at the same time. [...hcl got passed!?] it has been but not implemented. [post 2 of 2]
3-2-2014 Newshound Guru Millionday Article quote: "nearly six laws within the legal committee did not initiate, most notably oil and gas"..."the failure to approve the law last during this session is a violation of the constitution of the House, because the Iraqi constitution, the text of the law was passed during this session." this is fantastic -- this means the law has been passed but not acknowledged -- and all that has to be done is activation...that is great news and says the hcl as well (oil and gas)...that is huge progress and has to be done before the change in rates and many say that this is what is the hold up. [post 1 of 2....stay tuned]
3-2-2014 Newshound Guru Aggiedad77 Article quote: "...there is a rise in exchange rates will happen in the currency rates in light of the budget delay..." NOTICE THEIR CHOICE OF WORDS...THIS LADY IS TALKING ABOUT "EXCHANGE RATES"...NOT THE SALE OF A CURRENCY...BIG BIG DIFFERENCE. EXCHANGE RATE IS INFERRING THAT THERE IS AN INCREASE FROM THE PROGRAM RATE. THE EXCHANGE RATE IS WHAT YOU SEE WITH ALL OTHER CENTRAL BANKS IN THE WORLD...WELL MOST OF THEM. BIG BIG HUGE HUGE NEWS...
3-2-2014 Intel Guru Frank26 The Country of Iraq is OUT of CASH!!! Since January 2014 the CBI FREEZES the IQD rate at 1222. This is done...WITH NO CASH to give a rate to. Artificial are these numbers. To show a FIXED RATE like this is impossible because THE MARKET RATE ...Is NOT set rate! What was Has been done prior to January 19th, 2014 that made the month of February's meetings go like a Hot Knife through Butter? NOTE: CBI told GOI last August 2013 the lifting of 000's would be in June 2014. Shall we wait 4 more months? Do not know...BUT DO KNOW: Kurds left Baghdad happy yesterday due to budget AND...UST smiled watching this. YET no article of these activities. They KNOW when to TELL You things. Remember ...Th/F/Sat ...Dead. But not tomorrow [Sunday]. 3-1-2014 Newshound/Intel Guru Eagle1 While we certainly expect the RV/GCR to take place imminently, particularly because of what we are seeing and hearing out of Iraq (as well as the IMF and other sources) there has been (to use the old adage) "many a slip twixt the cup and lip" and while our sources are as accurate as they can be in providing information, there have been a multitude of unforeseen events to interfere...while there is a very real expectation of the release of the IQD/IQN within days, along with the overall Global Reset of which the IQD is pivotal, I have not released any prediction of a date or a rate.
3-1-2014 Intel/Newshound Guru Poppy3 OK...GOT MY CALL THIS MORNING FROM THE BROKER AND...HE WAS TOLD YESTERDAY EVENING FROM THE INTERNATIONAL BROKER THAT YES THERE WAS CONSIDERATION IN V N [Vietnam] TO ACCEPT 25% OF THE INVESTMENT IN THE NEW INFRASTRUCTURE GOVERNMENT BOND PROGRAM IN DINAR BUT AFTER FURTHER DISCUSSION THEY ELECTED NOT TO DO SO. TO ME IT SHOWS THAT THEY ARE ANTICIPATING A RV OF THE DINAR SOON OR THEY WOULD HAVE NEVER EVEN DISCUSSED DOING THIS IN THE FIRST PLACE. THIS IS ENCOURAGING NEWS. WE ARE IN A GREAT INVESTMENT AND ALL THE NEWS IS MOVING US TOWARDS OUR REWARDS.
3-1-2014 Intel Guru TNT Tony This is why we are hearing this delay or effort is to our benefit. This is also why they seem to think they are done or releasing it only to have more delays, as they bring up or advance an issue or concern not addressed to everyone's satisfaction. They know it's here and must be released. They know there is no going back. The banks have asked for more time (2 weeks - denied, 1 week - denied, up to today - agreed)... UST along with DOJ and HLS needed to update and implement some new protocols involving tracking all this after release to public citizens. All in all a lot of pain in the ass little details before the full public reveal and the group won't allow that till all are satisfied about what to expect. The good news is that they are running out of issues to deal with or plan for. Sounds like we are just about there! [post 2 of 2]
3-1-2014 Intel Guru TNT Tony The last three days there has been an ongoing confab with The Partners and The Architects. A revolving door has existed bringing in world leaders, technicians, politicians, BIS, IMF, World Bank, UST etc. In a technical sense, the RV is complete! The major focus these last two days has been preparation for release. There isn't so much as a button that they can push, that parts done. This is about all the mess and issues they created or allowed to be created or promises made and all the other minutia that could go wrong after the public release and blow up in their faces. This is about cover stories and how to implement those. This is about looking at the original plan, considering the present situation and making the necessary adjustments. They are also locking in new agreements and promises relative to all of this. [post 1 of 2....stay tuned]
3-1-2014 Newshound Guru Adam Montana [Would we see the Budget and HCL approval announced in the gazette? How about the RV?] From Wikipedia: "The Official Gazette of Iraq (Arabic: الوقائع العراقية / ALA-LC: al-Waqā’i‘ al-‘Irāqiyah) has been the official source for the laws and resolutions passed by the Council of Representatives of Iraq since August 1922. Article 125 of the Constitution mandates that laws shall be published in the gazette and shall take effect on the date of their publication, unless stipulated otherwise. It is published by the Ministry of Justice."
3-1-2014 Intel/Newshound Guru Poppy3 Their country is worth a minimum right now (without much infrastructure) of over 55 trillion. They have more resources than any country in the world - PERIOD. They have more gold than any other country besides Russia and Iraq is much smaller! Prior to the war they were third in the world in agriculture production. Their soil will produce more per acre more than our richest soil. Their banking being structured on futures creates a situation like our banks which can loan out 100,000 dollar for every 10,000 on deposit. It will allow them to pay us a million dollars and will only cost them around $20,000 dollars. REST EASY...WE WILL BE HUGE WINNERS VERY SOON.
3-1-2014 Intel Guru TNT Tony We heard nothing significant can happen in Iraq 60 days before an election so we're in a very short window. The people were at the call center & exchange centers yesterday. We heard Maliki tried to pull something at the last minute but it was dealt with. Hearing from all our sources that other than what Maliki pulled, all being satisfied or about to be. Something happened yesterday at the banks...the screens & platform changed. This is very significant, good thing for us because we all felt it wouldn't happen until the RV happened . You will be ecstatic with the rates. A lot people are excited and don't know why it didn't go last night. It could possibility go at any minute or over the weekend. We feel the deadline is Monday morning.
2-28-2014 Newshound Guru Aggiedad77 Just an idle observation...they have had the IMF intimately involved with the CBI for some time...we have seen the BIS stop by and show interest...the World Bank was there to help them bring things up to technological speed...a couple of other nations have talked to them about banking technologies....now the UST comes in offering the same type information to the Iraqi's...it tells me that something is getting most RIPE...perhaps a cornucopia about to come bursting apart with new laws...even more than we have already seen...a new budget...but even before all that...a new rate for the CBI to live by...that will sweeten everyone's pot...making all very happy.
2-28-2014 Intel Guru Okie_Oil_Man THIS POST IS ONLY APPLICABLE TO U.S.A. CITIZENS ONLY. AFTER MONDAY I WILL MAKE A POST EXPLAINING WHY WE ARE STILL HERE AWAITING OUR BLESSING TO COME TO FRUITION. WELL -- AS PAUL HARVEY SAID--HERE IS THE (PARTIAL) REST OF THE STORY. ALTHOUGH IT MAY BE HARD TO COMPREHEND IT HAS BEEN TO OUR BENEFIT AND ADVANTAGE THAT WE HAVEN'T CASHED OUR (out) PREVIOUSLY. I WILL GIVE THE DETAILS OF THIS STATEMENT AFTER MONDAY. YOU WILL BE SURPRISED AND GRATEFUL AS WELL. WE WILL THEN UNDERSTAND THE REASON FOR THE DELAY AND THE BENEFIT IT HAS BEEN FOR US. THIS MAY SEEM IRONIC TODAY BUT YOU WILL TOTALLY UNDERSTAND AFTER MONDAY.---VERY INVOLVED SCENARIO INVOLVED.
2-28-2014 Intel Guru Hub i have said several times that history shows iraq has had a strong international currency for hundreds of years and will do so again...if you have been watching the articles...then you will see they are up against the time line to bring the dinar back...iraq, imf, ust, bis or WHO ever is up against it to do this...just watch what iraq must do to be who they have been...i think we are there, just a matter of going internationally live.
2-28-2014 Newshound Guru wmawhite ...this is coming together everyday right in front of us...this is a process that is planned and executed correctly. the actions that the CBI and GOI have now taken would not be done unless everthing else is ready to be put into place when needed. they have sucked the IQD off the streets and have required it to be used nation wide...what is left is to put the LDs out but only at a new rate. Just IMO, we will see the rate before we se the budget. Therefore, we are close. [post 2 of 2]
2-28-2014 Newshound Guru wmawhite [new guru] Years ago I used to get excited over rumors/intel...not anymore. Today because of the FACTS I am confident about this happening relatively soon. I concentrate upon what we know that is coming from the CBI/WB/IMF/GOI and because of their actions they have painted themselves into a corner and they must take action in the NEAR term to resolve the currency issues. Again, near term...that is much sooner then April 2014. [post 1 of 2....stay tuned]
2-28-2014 Intel/Newshound Guru Poppy3 HE [MALIKI] HAS CONTINUALLY CREATED TURMOIL TO PREVENT ANY PARLIAMENT PROGRESS AND MEETING WHERE THE BUDGET IS ON THE AGENDA WHILE HE CONTINUES TO PUSH WHAT HE NEEDS TO KEEP HIM SAFE IF HE SHOULD LOSE THE ELECTION. IF HE FAILS TO GET THE AMNESTY LAW PASSED THEN HE MUST FIND A WAY LEGAL OR ILLEGAL TO WIN THE ELECTIONS. THAT MEANS HE MUST GAIN FAVOR WITH THE CITIZENS OF IRAQ AND THAT MEANS HE HAS TO CALL TURKI AND TELL HIM TO TURN LOOSE THE VALUE OF THE DINAR.
2-28-2014 Intel Guru Blaino NOW ON HIGHEST ALERT. This could be "IT". RATES ARE STABLE AND HOLDING, RE-NUMERATION IS COMPLETING, HOWEVER THE TIMING REMAINS A LITTLE OBSCURE AT THIS HOUR, "THEY" ARE: 'PREPARED IN ALL RESPECTS'
2-28-2014 Intel Guru Ray Here is an update on the Maliki news conference today. He told the people that they are giving the Kurds one last chance to sit down and vote on the Budget and if they don’t, Parliament will vote on the Budget sometime next week with a majority vote; Kurds or no Kurds. He said that the government only has enough money left to pay salaries for another month to two months and that is it. After that, no more payroll payments or other government services will be paid. He said it is imperative that this Budget gets voted on as soon as possible so monies can be distributed as soon as possible. I think this is great news and I really hope that Maliki sticks by his guns and gets this done once and for all. I will keep you posted on any other news I may hear.
2-27-2014 Newshound Guru Kaperoni I wanted to...comment on an article...the one that talks about the US holding up monetary reforms? I wanted to say..I agree 100% with Millionday. She is correct. There is no reporters name on that article nor is the source given. As well, there is no proof of anyone in the US that is interfering in Iraq's monetary policy, in fact just the opposite. Several articles over the years from the US Embassy in Iraq encouraging them to move forward with currency reforms. In fact today, we have one...I also sent this article to 3 different people...All three said the same thing..which was that in essence...Iraq's economy is to small for the US to interfere, and more importantly hold Iraq back or keeping the dinar weak is of no benefit to the US. On the contrary, a strong dinar benefits not only Iraq, but the the US. So based on these opinions, and the article...I say whomever put this our was simply wrong or misinformed. [See Millionday post 2-27-14]
2-27-2014 Newshound Guru Adam Montana [It appears that Maliki is trying to pressure the Kurds to pass the budget in exchange for him to have a third term as PM. Do you think this is likely? If it IS, I think we are in BIG trouble!] I don't think this means we are in trouble, but it doesn't surprise me at all. That's how these kids play!
2-27-2014 Newshound Guru Aggiedad77 Article: "Parliamentary Finance: It is not permitted to interfere in central bank policy" Yesssss...someone within the government is finally waking up to the fact that they can't get their grimy corrupt hands on the money in the CBI...two different entities.
2-27-2014 Newshound Guru Millionday Quote: "A member of the Liberal block of the Sadrist movement Bahaa al-Araji, said he would present a request to the Federal Court to give its opinion on the problem of the financial budget for the current year of 2014." there are reports out that state that the budget may not be done right away with the stunt of taking the salaries of the Kurdistan government -- the thing is that CBI does have the power at this point and always to set the exchange rates and we have been seeing the steps that we expect to see in that process. they made the order yesterday to make the dinar the only acceptable currency within the country`s borders - if that call has been actually done that is huge.
2-27-2014 Newshound Guru Millionday [Dont you think The banks need to move into conventional banking business and forget the auctions of the past?] i do think they need to move forward with the entire package of bank reforms and according to what i am seeing with international compliance and the private banking steps -- they seem to be moving to just that. they will be taking in the USD in the country if this is what they are doing with the dinar being the only currency -- we should be able to tell by the auction report it would seem to me it would be an abnormal amount to look for.
2-27-2014 Newshound Guru Aggiedad77 Article: "Because of the deficit .. warnings from the International Monetary Fund objection on the budget" The IMF is still warning Iraq about issues they see with their 2014 budget especially as it deals with the potential deficit of $35 billion dollars...the World Bank is also sending up flags, stating that they may face serious economical and financial issues as a result...in reading this article....I had a revelation of sorts about these warnings that we have been reading about in the past couple of weeks....these have all been aimed at the GOI....not the CBI...I find that somewhat telling....they must still be pleased with the efforts of the CBI or there would be warnings to them as well....just some food for thought.
2-27-2014 Intel Guru TerryK I'M HEARING WE ARE POINTED TO THIS WEEKEND. [When you say this weekend are you thinking Sunday night with the reset?] I THINK IT WILL BE MAYBE TONIGHT INTO TOMORROW. [You still looking for the 8+ rate on IQD?] ONE OF MY SOURCES FROM A FEW YEARS AGO TOLD ME 8.16 THEN. I STILL LIKE THAT [and what on VND?] LOOKING FOR 2.22.
2-27-2014 Newshound Guru Adam Montana [are there any exactly specific steps to be made by either the CBI or the MOF or the GOI that we should be looking for that will tell us that progress is being made toward IQD International Tradability at a new rate?] I'll go with HCL then an announcement by the CBI alerting everyone to the new rate.
2-27-2014 Newshound Guru Millionday there is report out that is an opinion piece about the US holding up the reform of Iraq`s currency -- i want to address this. one thing is an opinion is a statement given that has no proof or facts that can be verified. this is a fact --- the US does not own or operate Iraq --- they have gained their independence and also the IMF is through compliance not voting. this is a huge global event that has been called that in a huge number of countries as we have seen and will have a global effect...as it was stated in and by Iraq --- the Globe is depending on this to effect the economic condition so i see nothing anywhere that would give legal rights to or power to the US to hold up the Dinar.
2-27-2014 Newshound Guru Aggiedad77 Parliament Agenda for 2-27-2014 - I am not going to slug through the things listed on the agenda...but merely want to draw your attention to the fact that they have many laws in which they are reading/voting upon...but no budget as yet.
2-27-2014 Newshound Guru Kaperoni [could the GOI be waiting on a rate from the CBI and stalling until then?] I think the CBI has been ready for a while. So IMO no. [but the CBI controls the rate - you really think they're waiting on the GOI?] it is clear that Maliki interferes in monetary policy. I have statements, from the IMF, WB and even the US Embassy over the last year telling him to stay out of monetary policy. [has the CBI done all it's supposed to? Like reaching that 2% & pulling enough 000 off the street?] unlikely they are in compliance. But IMO, compliance or the 2% can be done quickly within 30 days or less. [so if they're not in compliance, how could they be ready?] it depends on what your trying to achieve. IMF Article VIII they need to be in compliance, to raise the value, they can do that anytime. 2-26-2014 Newshound Guru Adam Montana [With currencies in Turkey, Greece, EU in general, Argentina, South Africa losing their value and hyper inflation taking place, and now Ukraine going through Bank runs and civil unrest (brink of war...China economy showing signs of collapse. Talk has been discussed of a Global Reset on all currencies. I assume this would mean "all" currencies . What view would these factors have on your thinking the IQD would be involved at the same occurrence...or would the IQD be independent of the imploding countries?] Whenever I hear the term "global currency reset" I wince... half the stuff you will read on it is...conspiracy stuff, 25% of it is simply misinformed regurgitated confusion, and the other 25% is a mix of fruits and berries and maybe a little accurate information. With that said...every country will always have a value unique to their political stability, assets, etc. Regardless of when or how or where any other country "resets" or "revalues" their currency, Iraq is not China, Ukraine, or any other country. Iraq's situation depends on Iraq's actions.
2-26-2014 Newshound Guru Millionday Quote: "Called on the General Secretariat of the Council of Ministers and the Supreme Judicial Council, the ministries and departments not associated with the Ministry and the provincial councils and all not to enter any financial obligations in foreign currency amounts paid within Iraq and that commitment is performed exclusively in Iraqi dinars." this is the call to make only the dinar the national currency in order to apply rates and reality, pricing etc -- move forward. what this says is that the contracts will be able to be activated that have been written for Iraq and foreign contractors. this is one of the steps they require to apply the rate change make the country use the dinar. [no more dual currency, a wto requirement.] exactly.
2-26-2014 Intel Guru Okie_Oil_Man THIS IS THE MOST ABSOLUTELY POSITIVE DAY WE HAVE EVER HAD THUS FAR FOR OUR DREAMS AND PRAYERS TO COME TO FRUITION.
2-26-2014 Newshound Guru Aggiedad77 Article: "American Firms Line Up for Kurdistan, as Erbil Mulls US Ties" A long list of American firms are reaching out into the Kurdistan region....this list includes name brand hotels, Pizza Hut, Cinnabon, and Ace Hardware...as prolific as this list may sound...though political relations between the Kurds and the US are strained at the moment...the Kurds do welcome US businesses into the region...and they are heavily active in the oil and gas sector as well as security and construction.
2-26-2014 Intel Guru TNT Tony This should have happened last week. This weekend the hold up wasn't our fault therefore we were not penalized so you are going to get rates you will be really happy with. The NDA has been reduced to a simple one. WE have been put on alert and we should be looking for 800s real soon. It could be in the next 30 minutes, the next 3 hours or the next eight hours. We have been told things are getting ready to go. Everybody we talked today is saying "green light", everyone has won on every level. Everybody has gotten what they wanted.
2-26-2014 Newshound Guru Adam Montana [My question is what is your Intel telling you about RV, sometime this year? The reason I ask is because we are seeing the same thing regarding Iraq year after year and no RV.] I disagree - we haven't seen "same thing year after year"! Chapter 7 has been released, we are seeing constant progress on the HCL, and so on! When will it happen? Today, tomorrow or anytime after that.
2-26-2014 Intel Guru DC They have paused the process many times since Friday. They have dragged everyone in and they have started to lock down the banks and the Treasury. That’s going on right now, we are in the automated part of the process. Can they stop it? Yes, but you have to go through it to get to it. In the past 24 hours there were last minute adjustments. A few things were addressed and solved on Monday. Then there was discrepancy in CBI with their tech systems and accounting. They were running through checklist and it was completed at 1pm today. They have started actual RV process...pray this is the last time we have to go through this.
2-26-2014 Intel Guru Okie_Oil_Man I AM PREPARING FOR WHAT MAY BE ONE OF THE BEST DAYS OF MY LIFE TODAY. I HOPE YOU ARE PREPARED ALSO-
2-26-2014 Newshound Guru Adam Montana [What is the main reason(s) the CBI is waitin' on to make their move to RV/RI the dinar in correlation to the HCL issues...and if it's not just the HCL what's your take on the issues involved.] I'm leaning towards "mostly HCL". I think people start to lose sight of how important that is when as time goes on, but it is still probably THE most important factor right now.
2-26-2014 Newshound Guru Kaperoni This could be for many reasons as we don’t know the intent. It could be the US wants political stability? Or they would not let the Iraqi's have value until the violence is under control? we just dont know the motivations. Or does Iraq want to LOP and the US is keeping them from doing so? IMO, I would think its more in line with Iraq not meeting some conditions than anything else. [post 2 of 2]
2-26-2014 Newshound Guru Kaperoni Article: "Iraqi diplomat: Washington refuses to reset the dinar and its biggest loser" This is a huge article if its true. What I am getting from this is that Iraq wants to reset (what do they mean by reset) the dinar and the US is refusing to let that happen...and hence the new plan to "gradually appreciate" the dinar. Could it be that the two sides to this currency issues ...is that Maliki is standing up for the US side? [post 1 of 2....stay tuned]
2-26-2014 Intel Guru TerryK A LOT OF STUFF GOING ON IN IRAQ...THEY ARE PASSING A LOT, I MEAN A LOT, OF NEW LAWS LAST NIGHT...SEEMS THEY ARE IN A HURRY FOR SOMETHING. A LOT OF STUFF GOING DOWN...WHAT I GOT YESTERDAY...THE IMF IS HOLDING THIS UP BECAUSE IT WANTS A STRONGER SAY SO WHAT'S GOING ON IN THE WORLD AND TAKE SOME OF THE POWER AWAY FROM THE USA. THAT CAME FROM A GOV. SOURCE YESTERDAY. THE VDN IS STILL STRONG. I WAS TALKING TO WF [WELLS FARGO] GUY...LAST THURSDAY...HE...TOLD ME IT WAS GOING TO GO UP IN VALUE ACCORDING TO HIS GUYS.
2-26-2014 Newshound Guru Aggiedad77 I believe the CBI is talking again...indirectly...and maybe through some others...but they are talking and we should be paying attention and reading with purposeful intent...we have seen talk of monetary values down to the "fils" level in one article...Parliament MP admits they can't touch CBI funds. There are even claims by the Iraqi's that their currency is being traded at US banks...are you kidding me...I'm thinking that this could very well be a slip of the tongue...and "OOPS" that signals some things to come very soon...
2-26-2014 Intel Guru Frank26 I do not know the rate...But I understand it and appreciate it like the breaths I take. I do not know the date ...Yet know this date has arrived.
2-26-2014 Newshound Guru Millionday [so what is the timeline other than a WTO workshop in march?] they are required to have the international rates set and also the currency has to be internationally recognized -- this requires the actual rate of their currency set to all foreign currencies...also we have seen cbi stating from their own words -- they have met with the bankers and they are raising the value and setting the rates -- they have announced that the are activating laws and regulations and that we are watching steps that include the workshop about the economic reform that has already occurred that lead to international banking. [post 2 of 2]
2-26-2014 Newshound Guru Millionday Article quote: "Director of the Department of Foreign Economic Relations at the Ministry Hashim Mohammed Hatem, said the ministry is working in collaboration with the U.S. mission to hold a workshop mid-March next team training Iraqi negotiator regarding accession to the World Trade Organization..." i take it as it is a meeting with the US and Iraq with the WTO...this in mid march is the accession workshop -- i am excited about it due to the fact that they have met multiple times and have done huge training as well -- it gives us a timeline. [post 1 of 2....stay tuned]
2-26-2014 Newshound Guru Kaperoni [What do you think about having the RV before elections? Is it still possible?] anything is possible but that being said on television they say they will address the currency reform directly after the elections. The problem is there still remains conflict. many MPs and economic experts want this currency reform done now and yet the Maliki and his people don't. if they pass them laws in a basket, it may very well change the opinions of many. [post 3 of 3]
2-26-2014 Newshound Guru Kaperoni Article quote: "the Presidency of the Council of Representatives may tend to decide the continuation of the work of Parliament until next June 14 to approve the budget, instead of ending the age of 15 next March, after a legal expert to confirm the constitutionality of this procedure, and that mandatory vacation months begin when prescribed by law. " ...they are going to extend parliament to June? This is good news giving them more time to pass these critical economic/banking laws. This could be an interesting power play Since the elections are scheduled for April 30th. [post 2 of 3....stay tuned]
2-26-2014 Newshound Guru Kaperoni Article quote: "confirmed member of the Committee on the economy that the project is working to review the 2500 law and order or instruction economic, will be submitted to the Council of Ministers in the form of a single package of reforms, in order to approve a one-time allowance to provide every law on the unit and avoid political differences and speed in approval," a single package of reforms...the GOI is going to pass the economic laws in basket...good news for sure. the funny thing is about 4 months ago some MPs said it was illegal to pass laws in a basket. [post 1 of 3....stay tuned]
2-26-2014 Intel/Newshound Guru Poppy3 I THINK WE ARE IN A DAY BY DAY PERIOD AGAIN AND I STILL THINK MALIKI HAS TO RV AT LEAST 30 DAYS PRIOR TO ELECTION AND NOT A MINUTE LATER FOR HIM TO BENEFIT AND TODAY WOULD BE BETTER FOR HIM. [When is the Election?] IN APRIL ON APRIL 1, APRIL 15, OR APRIL 30. TAKE YOUR PICK. ALL HAVE BEEN MENTIONED BUT DEFINITELY IN APRIL. [post 2 of 2]
2-26-2014 Intel/Newshound Guru Poppy3 I HAVE HEARD THREE DIFFERENT DATES FOR THIS TO HAPPEN OR BE IMPLEMENTED BUT THEY HAVE BEEN MOVED THREE DIFFERENT TIMES ALREADY LIKE THE BONDS THAT WHERE SAID TO BE GOING TO GO ON SALE BACK DEC. 16TH THAT WAS MOVED TO JAN 1 AND STILL HAVEN'T BEEN RELEASED TO THE PUBLIC AS OF TODAY AND THERE IS EVEN TALK THEY WON'T BE TILL 2015. I TOTALLY DO NOT THINK THEY WILL BE DELAYED THAT LONG. [post 1 of 2....stay tuned]
2-25-2014 Intel Guru TerryK IRAQ HAS PUT OUT THAT WHEN THE CURRENCY RV'S IT WILL BE A FREE FLOAT. SOURCES TELLING ME THERE IS A SLIM CHANCE TONIGHT AT 3 AM BUT THE BEST OPPORTUNITY IS TOWARDS THE WEEKEND, SO WE SHALL SEE. I'M ALSO HEARING NEW CURRENCY OUT BY 3/4/14.
2-25-2014 Newshound Guru Aggiedad77 Article: "Parliament to raise its next Thursday" Apparently there was a quorum on the Parliament floor today and a number of laws were read for the first and second times....but no budget bill was on the agenda....next session will be Thursday.
2-25-2014 Newshound Guru Med NEXT WE HAVE NO FREE MARKET ECONOMY AND THEY STILL ARE NOT IN ARTICLE VIII NOR HAVE THEY MOVED TOWARDS THE WTO. THOSE ISSUES ABOVE TO ME ARE SOME OF THE MOST IMPORTANT KEYS TO SUCCESS HERE. I DONT EXPECT...THE CURRENT GOVERNMENT...TO EVER MOVE TO THE FREE MARKET AND THE REASON FOR THAT IS THEY WILL HAVE TO GIVE UP CONTROL OF THE OIL. A FREE MARKET ECONOMY...THE IMF REQURIES THAT A GOVERNMENT ONLY CONTROL 49% OF THE REVENUE PRODUCING COMPANIES...IN '09 MALIKI REFUSED THEN ALSO. [post 2 of 2]
2-25-2014 Newshound Guru Med I UNDERSTAND THAT EXPERTS ARE CALLING FOR THE DELETION OF ZERO'S STILL WHICH IS WHAT WE WANT. I AM STILL WAITING TO SEE WHO TAKES CONTROL OF IRAQ FROM THE ELECTIONS. THEN WE WILL HAVE TO REVIEW THE RESULTS AND DISCUSS THE DIRECTION THAT IT APPEARS IRAQ WILL MOVE TO. WE STILL HAVE IN MY MIND SEVERAL ISSUES. FIRST IS CORRUPTION. [post 1 of 2....stay tuned]
2-25-2014 Newshound Guru Tlar Maliki...ultimately is in a no win situation and he will become more desperate as each day goes by. I'm not ruling out anything at this point - that he won't do to stay in power. His colors were just exposed in the article that said he was holding the budget hostage until the Kurds knuckle under and support him for a third term.
2-25-2014 Intel/Newshound Guru Poppy3 THE LD'S ARE PRINTED AND ARE IN PLACE TO BE USED ONCE MALIKI GETS READY TO WIN VOTERS OVER AT HIS BEST TIMING PRIOR TO THE ELECTIONS. EVERYONE ELSE HAS BEEN READY FOR THE RELEASE AND INCREASE IN VALUE FOR WEEKS AND HAVE SAID SO MANY TIMES OVER THE LAST THREE WEEK AND EVEN BEFORE.
2-25-2014 Newshound/Intel Guru Dinar Daddy According to my sources within Iraq, things are about to change within the next year. Specifically what those changes are, I have learned not to share and speculate openly. All who are still holding on to the dream of the Iraqi Dinar revaluing, of Iraq rising from the ashes, of a redenomination of the currency that will then open the door to an increase in the value of the IQD, should remain connected to information that will help them. I'm concerned too many have become apathetic due to careless people who've "cried wolf" one too many times in the past. I'm not in the "rumor gathering and sharing" mode of following the Iraqi Dinar. I'm in preparedness mode for what may come...do NOT disengage from being aware at this point in time.
2-25-2014 Newshound Guru tlm724 Article: "A proposal for the establishment of a supreme body concerned with bank" Quote: "The parliamentary Finance Committee has asked the prime minister to send the law to protect bank deposits to Parliament for discussion..." this article is a repeat and this call for action is great to see! They will IMO pass this law asap, its that important and they know it "being one of the important laws that encourage the process".
2-25-2014 Newshound Guru Aggiedad77 Article: "Barzani: We will not discuss the budget issues with Baghdad again" Kurd PM Barzani has now stated that the Kurds will not be returning to Baghdad to negotiate.....this comes after Baghdad has enforced an economic stranglehold on the Kurds by withholding salary payments to the Kurd employees for Jan and Feb....Barzani states this must end before they will talk again.
2-25-2014 Intel Guru TerryK ...THERE IS A DELAY IN THE RATIFICATION OF THE BUDGET AS IT HAS BEEN FOR THE PAST 6 YEARS. WHAT I HEARD IS THEY WILL TAKE CARE OF THIS IN A FEW DAYS BECAUSE OF THE ELECTIONS...IT'S ALL ABOUT TIMING. SOURCES ARE TELLING ME THAT TONIGHT IS A CHANCE AT 3 AM REALLY WED MORNING, BUT THIS WEEK. I'M THINKING AGAIN THURSDAY BUT THEN AGAIN WE WAIT AND SEE. [post 2 of 2]
2-25-2014 Intel Guru TerryK I FEEL THAT WE WILL SEE THIS BEFORE THE 4TH. [Of March?] YES. ...THE IMF PUT A STOP ON EVERYTHING YESTERDAY AFTERNOON? ALL ABOUT CONTROLLING A VOTE AND ARE PLAYING HARDBALL WITH THE US...I CAN'T CONFIRM IT. I DON'T THINK IT IS SMOKE. [post 1 of 2....stay tuned]
2-25-2014 Intel Guru EXOGEN 6. THIS IS TIED DIRECTLY TO IN COUNTRY MONEY SUPPLY & FIGURES 7. THE LOWER DENOMS MUST BE RELEASED SOON 8. THE CBI IS OPERATING LIKE THE FEDERAL RESERVE BANK 9. THIS IS TIED DIRECTLY TO THE NEW OPEN MARKET POLICY TO BE IMPLEMENTED 10. FOREIGN OBLIGATIONS CAN NO LONGER BE PAID IN USD AS OF YESTERDAY IN IRAQ 11. THERE WILL BE A 1:1 RATIO REQUIRED AT A MINIMUM 12. BANKS IN IRAQ HAVE NO LIQUIDITY 13. IRAQ IS UP FOR ARTICLE IV REVIEW WITH THE IMF IN DAYS. [post 2 of 2]
2-25-2014 Intel Guru EXOGEN UPDATE ON IRAQ MONETARY POLICY & CURRENCY REFORM IN CONDENSED VERSION: 1. THE CBI HAS TAKEN IN TRILLIONS IN DINARS FROM ALL OF THE BANKS 2. THE 2 LARGEST BANKS REFUSED TO TURN THEIR DINARS IN 3. THIS IS ALL TIED TO IMF ARTICLE 8 COMPLIANCE 4. UNDERSTAND DE-DOLLARIZATION AND RE-DENOMINATION IN MONETARY POLICY 5. THE EXCHANGE RATE HAS TO ADJUST NOW. [post 1 of 2....stay tuned]
2-25-2014 Newshound Guru Millionday Article: "General Secretariat of the Council of Ministers calls on state institutions to implement financial Altzmadtha local currency" Quote: "...not to enter any financial obligations in foreign currency amounts paid within Iraq and that commitment is performed exclusively in Iraqi dinars." This is setting regulations -- the first rate change will be in the current currency with added denoms. they have reported that they are going to add a new currency after the fact and it was to be at the first part of 2014...it shows compliance being demanded as well...it appears they are moving forward with or without parliament.
2-25-2014 Intel Guru Fisherman1 [any truth to the hoopla about 17% imf voting being an issue?] USA will always have strongest vote in IMF...but that meeting did not happen.
2-25-2014 Intel Guru EXOGEN The Chinese were furious when told last night, but the IMF refused to allow anything to move until the impasse was solved. The IMF picked up and walked out of the meeting. They admitted that they cannot control the vote. Once the RV is posted, the currencies go asset backed and Brazil, India, China and Russia would assume equal shares and the U.S loses control. [post 2 of 2]
2-25-2014 Intel Guru EXOGEN The U.S. stopped the RV. The IMF needs 85% votes to move anything forward and the U.S. holds 17%. Subtract 17% from 100% and nothing can be done unless the U.S. agrees. They are playing hard ball to maintain the majority voting rights and then keep the USD as the Euro dollar for purchasing oil. [post 1 of 2....stay tuned]
2-24-2014 Intel Guru Fisherman1 People it has always been a once in a lifetime event, it has always been a work in progress, it has always been confusing, it has always been drug out, but now all have agreed on what is best for the American people and the rest of the World and all agreed, now we wait on 800 numbers, not weeks, months, its time, its coming....believe me or not. It’s here.
2-24-2014 Newshound Guru Kaperoni Article: "Confirmed that the move of the private sector will absorb unemployment rates for parliamentary Finance (Badr): New stability in the price of the dinar against the dollar" ...clearly the IMF and Finance Committee (Abdul-Hussein al-Yasiri) are on the same page. IMO there is no doubt that the IMF has been very transparent on the intentions of the dinar. ...the IMF Article IV consultation states...gradual appreciation based on the Balassa-Samuelson effect. Here is the definition...“In 1964, academics Bela Balassa, a Hungarian economist, and Paul Samuelson, a Nobel-Laureate economist, independently observed that countries with higher levels of productivity growth experienced rapidly rising real wages and so appreciating real exchange rates."
2-24-2014 Intel Guru TNT Tony I have talked to several sources today and this is what I heard....EVERYTHING IS BEING DONE AND WE ARE IN THE FINAL STAGES.
2-24-2014 Newshound Guru Tlar Article: "The specter of bankruptcy in the Kurdistan region threatens to declare austerity" The Kurds need to stand their ground and not cave in to Maliki. Maliki is trying to intimidate them into voting for him for a third term. Blackmail pure and simple. For sure they will attempt to hold the elections up if they don't get their way. They are fearful that if they get knocked out of office, prosecutions will follow.
2-24-2014 Newshound Guru Kaperoni Article: "Parliamentary Finance: The government may have to borrow from the central bank to pay salaries next March" The reality is the IMF, World Bank have warned them for the last few years that they need to get away from total oil dependency, and to cut spending. Yet Maliki's GOI continues to increase spending and hiring of Iraqis' on the GOI payroll. Some 70% of the budget is salaries, wages, etc...which soon will be a mess as they have no money to pay anyone (since the budget is not passed). Though we may not like this, it may be what it takes to get these clowns to change their way of thinking and transition to a market economy.
2-24-2014 Newshound Guru tlm724 Iraq Is Positioning itself for a big move!!! ...article posted by BondLady on June 5, 2012: "Iraq is expected to become full member of WTO within two years June 5, 2012" not only are they positioning themselves for the final push into the WTO they are also preparing to accept the requirements for Article VIII of the IMF! they cannot go forward without the currency reform and...we are right up on that 2 year time frame mentioned above!! it really is happening!
2-24-2014 Intel/Newshound Guru Poppy3 MANY...BANKING LAWS WILL BE ACTIVATED UPON THE APPROVAL OF THE BUDGET AND IT APPEARS THE RV WILL BE VERY CLOSE TO ALL THESE LAWS BEING ACTIVATED. [March looks promising?] FEBRUARY ISN'T OVER YET...POSSIBLE ANYTIME FOR SURE.
2-24-2014 Intel Guru Jester [Are things still moving in the right direction - or stalled?] I BELIEVE SO...PROGRESS IS BEING MADE STEADILY...YOU CAN SEE IT IN THE NEWS IF YOU LOOK.
2-24-2014 Newshound Guru tlm724 Article: "Turkey: trade with Iraq exceeded 12 billion U.S. dollars in 2013 and 400 thousand Iraqis visited us recently" the trade numbers being put out by all these different countries are astonishing and growing everyday ! Article quote: "Strict measures to control the work of the customs police" they are linking (electronically) to be able to control and account for all items going out and coming into the country, absolutely necessary...all part of WTO requirements. 2-23-2014 Newshound Guru Millionday the reality rate and the reality of the economy is reliant on the rate being set to enter the globe -- the actual value of the prices and the price of the dinar -- the actual calculated rates. the wto will be something they enter after they set the rates. we watch the wto becuase it is a given to know that if they are declared active in march -- we have a clue from that --- that they are planning on that being done and preparation for entry to the globe being done and ready for trade.
2-23-2014 Newshound Guru Aggiedad77 From the Arabic side of the CBI this morning...a great news announcement...they continue to pull dinar into special accounts...just this week alone...slightly over 1.1 trillion dinar...Frank [Guru Frank26]...states...4 trillion in just 2 weeks...that is mucho dinar in such a short period of time...the CBI is talking...listen for them...watch for them.
2-23-2014 Intel Guru TNT Tony Things are progressing, but no results yet. I am being quiet for a reason though, so let's hope they can pull this off. I'm hearing good things but I'm waiting to see.
2-23-2014 Newshound Guru Aggiedad77 Article: "An urgent session of parliament to postpone next Tuesday for lack of quorum" Ok, the Kurds didn't show up...the Coalition of United didn't show up...so there was no quorum for Sunday...wondering what makes this urgent...next session is Tuesday...
2-23-2014 Intel Guru Okie_Oil_Man RECEIVED TEXT THIS MORNING STATING WE SHOULD RECEIVE 800 NUMBERS BY TONIGHT --- TIME WILL PROVE OR DISPROVE TEXT.
2-23-2014 Newshound Guru Enorrste I like it when two sides have the courage to step up against the government directly like this. It means that SOMEONE is finally getting the courage to "tell it like it is" to Maliki. This may have some meanings under the surface: Maliki may be losing control and may not have a clear majority for the upcoming election. Furthermore, it may be obvious. After all, this argument from the parliament could have been presented months ago. So why is it coming out now? I suggest that there is political movement that is running against Maliki, and that people are getting more courageous because of it. Whether it forces Maliki to move is, of course, another matter altogether. [post 2 of 2]
2-23-2014 Newshound Guru Enorrste Article: "Experts: Delete the zeros from the dinar increases its strength against the dollar and easy to draw a price policy" I found this article to be extremely uplifting. The parliamentary committee pulled off the gloves and told the "parking government" (i.e., not moving forward) that its weak reason for delay is not justified and will no longer be tolerated. However, more importantly to me, is that they also stated that they will appeal to the constitution itself in an effort to get the ball moving forward. The constitution is clear that the CBI is the ONLY department that has the authority to issue a new currency. Implied in that is that the CBI also has the authority to change the value of the dinar, which is necessary before a new currency can be issued. Therefore, what we are seeing is that the parliament is getting behind the CBI and...TELLING the government to "butt out" of the issue and let the CBI do its job. [post 1 of 2....stay tuned]
2-23-2014 Newshound Guru Millionday ...the budget is on the agenda for Sunday and they are saying...that within 20 days they will have voted in so there is a deadline....it is not the budget that is not agreed on -- it has always been the oil issue according to the country legal committee.
Read more: http://www.dinarguru.com/#ixzz2vCUx8DZW
2-23-2014 Newshound Guru Millionday the reality rate and the reality of the economy is reliant on the rate being set to enter the globe -- the actual value of the prices and the price of the dinar -- the actual calculated rates. the wto will be something they enter after they set the rates. we watch the wto becuase it is a given to know that if they are declared active in march -- we have a clue from that --- that they are planning on that being done and preparation for entry to the globe being done and ready for trade.
2-23-2014 Newshound Guru Aggiedad77 From the Arabic side of the CBI this morning...a great news announcement...they continue to pull dinar into special accounts...just this week alone...slightly over 1.1 trillion dinar...Frank [Guru Frank26]...states...4 trillion in just 2 weeks...that is mucho dinar in such a short period of time...the CBI is talking...listen for them...watch for them.
2-23-2014 Intel Guru TNT Tony Things are progressing, but no results yet. I am being quiet for a reason though, so let's hope they can pull this off. I'm hearing good things but I'm waiting to see.
2-23-2014 Newshound Guru Aggiedad77 Article: "An urgent session of parliament to postpone next Tuesday for lack of quorum" Ok, the Kurds didn't show up...the Coalition of United didn't show up...so there was no quorum for Sunday...wondering what makes this urgent...next session is Tuesday...
2-23-2014 Intel Guru Okie_Oil_Man RECEIVED TEXT THIS MORNING STATING WE SHOULD RECEIVE 800 NUMBERS BY TONIGHT --- TIME WILL PROVE OR DISPROVE TEXT.
2-23-2014 Newshound Guru Enorrste I like it when two sides have the courage to step up against the government directly like this. It means that SOMEONE is finally getting the courage to "tell it like it is" to Maliki. This may have some meanings under the surface: Maliki may be losing control and may not have a clear majority for the upcoming election. Furthermore, it may be obvious. After all, this argument from the parliament could have been presented months ago. So why is it coming out now? I suggest that there is political movement that is running against Maliki, and that people are getting more courageous because of it. Whether it forces Maliki to move is, of course, another matter altogether. [post 2 of 2]
2-23-2014 Newshound Guru Enorrste Article: "Experts: Delete the zeros from the dinar increases its strength against the dollar and easy to draw a price policy" I found this article to be extremely uplifting. The parliamentary committee pulled off the gloves and told the "parking government" (i.e., not moving forward) that its weak reason for delay is not justified and will no longer be tolerated. However, more importantly to me, is that they also stated that they will appeal to the constitution itself in an effort to get the ball moving forward. The constitution is clear that the CBI is the ONLY department that has the authority to issue a new currency. Implied in that is that the CBI also has the authority to change the value of the dinar, which is necessary before a new currency can be issued. Therefore, what we are seeing is that the parliament is getting behind the CBI and...TELLING the government to "butt out" of the issue and let the CBI do its job. [post 1 of 2....stay tuned]
2-23-2014 Newshound Guru Millionday ...the budget is on the agenda for Sunday and they are saying...that within 20 days they will have voted in so there is a deadline....it is not the budget that is not agreed on -- it has always been the oil issue according to the country legal committee. 2-22-2014 Newshound Guru Tlar "Experts: Delete the zeros from the dinar increases its strength against the dollar and easy to draw a price policy" Nice article ...The CBI is ready. The EC and FC, both government Ministries are on record as supporting it multiple times, even calling for the CBI to hurry up. The government is on record as stating they are behind the deletion of the zeros and it is a CBI decision as to when they do it. There is much to be excited about IMO.
2-22-2014 Newshound Guru Adam Montana [i know progress is being made, but did't you think the RV was going to have happened by now?] I had certainly HOPED to see it done by now!!! Either way, as long as things continue to hold steady or improve, I am not selling out. Worst case scenario is most likely a small increase to the point that we all get out a little ahead. (Anyone that bought dinar back in the beginning of this saga has ALREADY made money!)
2-22-2014 Intel Guru EXOGEN PER CONVERSATION THE SCREENS IN CANADA ARE MOVING FROM ADMINISTRATIVE HOLD, LIVE, TESTING, & PRODUCTION. 1-800 NUMBERS ARE NOT REQUIRED FOR YOU TO COMPLETE YOUR EXCHANGE. PAY CLOSE ATTENTION TO THE MARKETS OPENING LONDON TIME. INTERESTING ANOMALIES ON FOREX EXECUTIVE SCREENS AND CENTRAL BANK SCREENS. CME ALERT HIGH...KURDISTAN IMPLEMENTING TARIFFS.
2-22-2014 Intel Guru TNT Tony I am hearing that this could be a superfantastic weekend, if not it will be an interesting Monday that's for sure.
2-22-2014 Intel Guru SteveI As for the rate - I...will assure you it will be close to Kuwait. There will not be a float. Do no buy into the lop or other crap you hear. The problem in the budget is the Kurds. The budget is the key. The 2014 budget had the new rate again in it. [Once they pass the budget how long will it take for them to open and release the new rate?] Once the budget is finally passed, it needs to get posted, then opened. Remember, this is from the time of passing the budget. My best guess is 7 days. The president already said they will pass by majority with or with the kurds. This is moving forward in a very fast speed. Iraq and the Kurds will get this worked out. I am so positive regarding the outcome...with the news and progress that has happened and going to happen.
2-22-2014 Intel Guru Bluwolf This shall be my last update, warning or alert. From this point on be aware, be ready, be advised. 99.9% ready ; according to government, countries, bankers in all positions, economists, wall street, church governments, world governments, and all agencies here and aboard. Good luck now be prosper and be in peace...it has been a pleasure.
2-22-2014 Newshound Guru Millionday [with deletion of the zeros is that an RV?] the effect of the removal of the three zeros will be among many things the -- setting of all international values including the rate to the usd for the dinars we have. [Hard to fathom any reasons for any further delays.] this has a time set -- something this large would so with the money being absent in the country and all the issues they have shown due to its delay -- we would expect that the phase as they say we are in shows so many laws done and so much complete that we dont see a reason that is holding them up. [post 2 of 2]
2-22-2014 Newshound Guru Millionday Report quote: "...in regard the country's financial The implementation of the project to delete the zeros from the Iraqi dinar will increase the strength against the U.S. dollar" this is saying that they have held it up long enough -- the currency will increase the dollar and that will create the pricing in the country it will also minimize inflation...they have talked about this long enough and it is the reason the currency was printed in the first place and the small denoms need to be used and the pricing needs to be set. [post 1 of 2....stay tuned]
2-22-2014 Newshound Guru Enorrste The CBI reserves are a totally separate thing having nothing to do with local banking whatsoever. They are obtained mainly through the sale of oil in Iraq (the government owns the oil). Whatever is left over after the government does its business is given to the CBI to support the dinar. Local banks have nothing to do with this process. [post 2of 2]
2-22-2014 Newshound Guru Enorrste The CBI is NOT "requesting all banks to now deposit the IQD reserves within the CBI." What the CBI DID DO is allow the banks to join in the auction process directly, meaning that banks could exchange dinars for dollars directly. However, they are not required to then send the dollars to the CBI to be turned into reserves. The dollar may or may not eventually end up in the CBI, but there are a number of Iraqi investors who need dollars daily to do their business with foreigners, so the likelihood is that the dollars will be SPENT by investors in normal international commerce. In short, the banks will make money and participate in the growth of the economy. [post 1 of 2....stay tuned]
2-21-2014 Newshound Guru Millionday [is it written anywhere in ink that once Iraq joins the WTO they absolutely have to trade their currency internationally?] it is the world trade organization -- in order to trade in the world it is in ink all over the world in every text book and the internet -- have to have reality rate and also internationally traded currency... have to have it and they have said march but they said jan too so we have to see...they wont be active until they have done it.
2-21-2014 Newshound Guru Aggiedad77 Article: "Private banks and Central bank proceed to lift value of the Iraqi Dinar" This is VERY BIG NEWS...CBI Governor Turki convened a meeting of many of the directors of private banks and non-governmental banks at the CBI...sources say that he gave instructions for the buying and selling of foreign currencies...if they follow his direction they will aid in support of the national economy and development process...this also points to an unspoken point...that Turki is still very much in control of the CBI...and understands what has to transpire to ensure the rise in value of the IQD.
2-21-2014 Intel/Newshound Guru Poppy3 I MIGHT ADD THAT WASN'T A FLOAT... THAT WAS A RE-ASSIGNED VALUE BY THEIR CBI JUST FOR QUALIFICATION FOR THE LOANS. THIS INFORMATION CAME DIRECT FROM A FOUNDING MEMBER OF THE AUDITING CO. FOR THE KUWAITI BANKING SYSTEM. I RECIEVED THIS INFORMATION BACK IN 2006. [post 2 of 2]
2-21-2014 Intel/Newshound Guru Poppy3 [Kuwait and Iraq are " apples and oranges " by comparison.] THEY [Kuwait] CAME OUT AROUND $3.00 THEN 3 DAYS LATER JUMPED TO ACTUALLY $9.04 FOR 6 DAYS THEN DROPPED BACK TO AROUND $2.94. BUT THEY HAD A VERY DIFFERENT SITUATION AND THE ONLY REASON FOR THAT JUMP WAS FOR THEM TO QUALIFY FOR SEVERAL BILLION IN LOANS FROM THE WORLD BANK. AS SOON AS THE PAPER WORK WAS SIGNED THEY DROPPED IT DOWN IMMEDIATELY. IRAQ DOESN'T HAVE TO QUALIFY FOR WORLD BANK LOANS. [post 1 of 2....stay tuned]
2-21-2014 Intel Guru TNT Tony There is a time for something to happen today...the time we are looking for is a little later. People in DC were excited about last night, excited about today and excited about this weekend. We are right at the edge anticipating it happening. There not too many reasons it shouldn't happen. The dinar has 4 rates: an international, / market and 2 contract rates...based on my info. The VNN has only 3. I can't give the rates. We fought for rates and we got what we fought for. [post 2 of 2]
2-21-2014 Intel Guru TNT Tony Thursday morning I got calls saying we should be cashing out, the rates were there. The banks again called in currency exchange and call center people. Then the banks wanted a 2 week extension. They wanted time to train their people but they were denied and told do it now. We kept looking for it, waiting all day for bank updates. All banks now have 800 #'s but still holding on to them. They are saying we are ready! We need the IMF to say go. There are still games being played. [post 1 of 2....stay tuned]
2-21-2014 Intel Guru Okie_Oil_Man YES THINGS CAN CHANGE BUT AT THIS TIME NOTHING HAS CHANGED TO INTERFERE WITH OUR REDEMPTION OF OUR FOREIGN CURRENCY. WHEN I SAID I HAD LANDED WAS NOT FOR YOU TO THINK THAT AT THAT EXACT INSTANT YOU CAN RUN TO THE BANK. THE R/V CAN HAPPEN AT ANY MOMENT----CHEW ON THAT. [post 2 of 2]
2-21-2014 Intel Guru Okie_Oil_Man REGARDLESS OF WHAT YOU INSTANTLY EXPECT FROM INTEL SOMETIMES IT IS A LITTLE EARLY--SUCH WAS LAST NIGHT -- YES I LANDED -- YES I AM SURE IT IS ALL COMPLETED -- YES IT IS IN THE BANKS HANDS NOW -- YES OUR TIME IS ANYTIME -- YES EVERYTHING IS COMPLETED --YES YOUR TURN IS NEAR -- [post 1 of 2....stay tuned]
2-21-2014 Newshound Guru Enorrste What seems evident to KAP [Guru Kaperoni] and me is that the process of moving from a fixed exchange rate regime to a freely floating exchange rate regime is still ongoing and we are still within the CBI's own stated time frame. The last "official" statement was that the value of the dinar would substantially higher by June of this year. Thus far we have not seen anything that denies or even changes that statement from the CBI. In fact, what we HAVE seen are numerous statements from "experts", "economists", and "parliamentarians" who have stated that the dinar will begin to rise shortly after the election. Time will tell is this happens or not, but at least it is "in the plan." [post 2 of 2]
2-21-2014 Newshound Guru Enorrste There may well be "something going on within our world economy" but it is unlikely that a radical change is in the works. More likely there will be a gradual transition away from the dollar as the SOLE or MAJOR reserve currency. Saleh of the CBI stated about 18 months ago that the dinar would eventually become a world reserve currency. This is likely to happen because of the "underlying wealth" of the country of Iraq. In other words, there won't be any major "reset", but instead a gradual process of recognizing the strength of the dinar once it floats. [post 1 of 2....stay tuned]
2-21-2014 Newshound Guru Bondlady they have about painted themselves into an economic corner without them...that lil laundry basket of laws we wait on to change Iraq's and our lives. they can't prosper and grow without them, they can slow grow and they have been, but pass the major laws and fight about the bs lil stuff. I think they have come to a cross roads in it all and they all know it too. all the major players are waiting on them to finish the laws they need to grow and sustain growth which will give a strong and stable dinar. the WTO, World Bank. IMF, UN and so many more entities can't go forward without them at this point... [do they have enough on the books to change the rate?] not with out the laws imo.
2-21-2014 Newshound Guru tlm724 imo they are close, although it has been back burnered in the past their efforts recently are a positive sign. the HCL will bring about some much for Iraq, all eyes are on them and I am not talking about us. I am saying the real eyes of the world, the movers and the shakers, they money makers, people you have never heard of in your daily lives, the power brokers. ...there is much to be excited about if you look back 12 months and realize how far Iraq has come you can't help but know that you are indeed in a great investment!! [post 2 of 2]
2-21-2014 Newshound Guru tlm724 The HCL being implemented will do several things, it will insure fair distribution of the country's wealth, which will increase the purchasing power of the citizen. It will also create a frenzy of investment via the savvy Iraqi citizen as well as foreign investors both private and nations. Having the HCL in place will show the world that Iraq has come together as a nation! Talk about a confidence builder, this brings on stability as well as the natural course of increased value to the nations currency. [post 1 of 2....stay tuned]
2-21-2014 Intel/Newshound Guru Poppy3 they must read it [budget] a second time before a vote but other than the laws that are included within the budget there should not be any reason the rv can't happen prior to the budget being voted into law...actually if the cbi chooses to rv first it would put more pressure on parliament to get the budget in place.
2-21-2014 Newshound Guru Adam Montana [these items that Iraqs parliament are dealing with seem like ticky tacky items that could be dealt with at any time. what do you think is the REAL reason they don't push the RV button?] Parliament isn't in control of the rate - the CBI is. Regardless, I don't think they'll keep the rate suppressed forever, so I'll hang tight. [MUST the budget be passed 45 days before the elections on April 30th? This would mean the budget would be passed by March 15th.] Parliament can pass a bill in the middle of the night, the CBI can up the rate without any approval from congress, or any number of things could happen. There is nothing written in stone with Iraq.
2-21-2014 Newshound Guru Enorrste There IS a plan to ultimately have currencies valued according to the "underlying wealth" of a given country, but that is a very long term process that will work itself out through freely floating. In other words, the free float will automatically take into account the "underlying wealth" of a country. To put it another way, if a country is doing well (and not overprinting its currency) the market will recognize that in the value of the currency as long as it is allowed to float freely. [post 2 of 2]
2-21-2014 Newshound Guru Enorrste ...most currencies in the world are already at "parity" with each other because they already float freely in the world market. Since they are already floating they don't need to be "reset" to another value, since the world market has already set their fair value. Some currencies are pegged, most to the dollar or the Euro, so those might be "reset", but it seems clear that the goal of the IMF is not to "set" them directly, but instead to have them change from "pegged" to "floating" so that they can find THEIR OWN LEVEL WITHOUT DIRECT INTERVENTION from the IMF or anyone else. [post 1 of 2....stay tuned]
2-21-2014 Intel Guru Okie_Oil_Man GROUND CONTROL JUST GAVE ME A VECTOR FOR A LANDING TONIGHT---LETS HOPE HE GUIDES ME IN SAFELY---LOOKS LIKE HE HAS ME LANDING ON RUNWAY 32--- I WAS GIVEN THE OPTION OF RUNWAY 5 OR RUNWAY 16 OR RUNWAY 32---NATURALLY I PREFER RUNWAY 32---TUFFY BE ON ALERT. LANDING EXPECTED TO BE VERY LATE TONIGHT. WEATHER RADAR IS SHOWING NO INTERFERENCE AT THIS TIME AND NO NEED TO DIVERT AGAIN.
2-21-2014 Intel/Newshound Guru Poppy3 ...KEEP IN MIND WHAT I ALSO HAVE BEEN REPORTING THAT THE PEOPLE OF IRAQ REMEMBER WHAT THEY HAVE BEEN PROMISED AND THEY LIKE US ARE NOT GOING TO JUST SETTLE FOR ANY RATE. THEY ARE EXPECTING FOR THE DINAR TO RETURN TO PROMINENCE AND SO ARE THE OTHER MIDDLE EASTERN COUNTRIES THAT TRADE WITH IRAQ DAILY. THE RATE WILL BE VERY GOOD IN SPITE OF WHAT OTHERS KEEP TRYING TO SELL. I AM NOT BUYING THEIR THEORIES. I AM STANDING ON FAITH AND WHAT THE CBI THEMSELVES HAVE STATED MANY TIMES TO THE IRAQ PEOPLE.
2-21-2014 Intel Guru EXOGEN PER 2 DIFFERENT CONVERSATIONS RATES ARE LIVE IN CANADA. THE MAIN LEAD USA BANKING ENTITY MAY BE FACILITATING GROUP EXCHANGES ONLY, AND GENERAL PUBLIC EXCHANGES MAY BE OUTSOURCED TO OTHER BANKS. MULTIPLE SOURCES MENTIONING 72 HOUR WINDOW IN CONJUNCTION WITH IMF. G.C.R. [GLOBAL CURRENCY RESET] IS IN MOTION, AND IS ONLY OTHER VIABLE SOLUTION TO CRASHING THE MARKET. CME CONTACTS ON HIGH ALERT.
2-20-2014 Intel Guru Frank26 Take note: I do not give Time Frames Studies any longer. Why? Because IMO each second that passes by is a strong candidate for the release of the new IQD rate.
2-20-2014 Newshound Guru Adam Montana [Being in this for close to 10 years and wonder...how they an support any significant RV...here is an example. 1 trillion dollars is equivalent of someone spending 1 million a day for 2,000 years. It's estimated that there are 30 trillion IQD in circulation, so it would take a person to spend a million a day for 60,000 years to reach that! How can Iraq seriously RV with this amount?] Simple - the 30 trillion is not USD, even though the lopsters and nay-sayers like to ignore that fact. RV that 30 trillion to 10 cents USD and how much is it? A lot less! Also, how much credit is the world willing to give to Iraq, considering their huge amounts of natural resources? Now, this is just my opinion... but I definitely see room to grow.
2-20-2014 Newshound Guru Kaperoni Article: "Assertions of the importance of the stability of the currency in the economic advancement" Love this quote..."In the Iraqi experience after the fall of the dictatorial regime, the present authorities have decided to change the Iraqi currency to a new currency. This does not affect the value of the dinar so far but it opens the dinar to the free currency market such as against the dollar, etc." That pretty much confirms again they plan to float the dinar! [...will it rise fast once it starts to float?] based on everything I have read and seen it appears it would. But time will tell.
2-20-2014 Intel/Newshound Guru Poppy3 THERE ARE SO MANY THINGS IN OUR FAVOR RIGHT NOW AND THE REPORTS ARE ALL SUPPORTIVE OF ONE ANOTHER AND THAT HASN'T HAPPENED IN A LONG TIME. THINGS ARE SOUNDING VERY PROMISING FOR ALL OF US INVESTED. STAND BY FOR VICTORY. [post 3 of 3]
2-20-2014 Intel/Newshound Guru Poppy3 THEY REPORTED ALL LAWS THAT NEED TO BE IN PLACE ARE AGREED ON AND THEY ARE READY. THERE ARE MANY MORE REPORTED THAT WILL BE PASSED IN THE NEAR FUTURE AND MANY OF THEM WILL BECOME FINISHED UPON THE RELEASE OF THE 2014 BUDGET. HOW LONG THIS MEANS WE WAIT FURTHER IS UNKNOWN AT THIS POINT BUT IT SAYS THE RV CAN TAKE PLACE TO LIFT THEIR ECONOMY AT ANY TIME THEY DEEM READY TO IMPROVE THEIR ECONOMY, STOP THE BILLIONS BLEEDING AND STOP INFLATION. [post 2 of 3....stay tuned]
2-20-2014 Intel/Newshound Guru Poppy3 I HAVE RECIEIVED SOME NEWS THAT THE CBI, IMF, WORLD BANK AND UNITED NATION GROUP WERE ALL IN ATTENDANCE LAST SUNDAY AFTERNOON INTO THE NIGHT AND THE DISCUSSION WAS STRICTLY THE REVALUATION OF THEIR CURRENCY. WHEN THEY DID ADJOURN LATE SUNDAY NIGHT THEY WERE SAID TO ALL BE IN AGREEMENT AND THE CBI WAS AGAIN GIVEN THE HONOR AND GREEN LIGHT TO MOVE ON INCREASING THE VALUE AT THEIR DISCRETION. [post 1 of 3....stay tuned]
2-20-2014 Intel Guru Okie_Oil_Man TODAY WE EXPECT TO SEE POSITIVE MOVEMENT ON THE R/V WHICH IS SCHEDULED ANYTIME FROM NOW FORWARD. IT IS ALL UP TO THE UST TO TURN THE BANKS LOOSE. BANKS HAS BEEN PREPARED FOR QUITE SOME TIME AND SOME OF THE SMALLER BANKS ARE BEING INDOCTRINATED INTO THE PROTOCOL AND PROCEDURE TO BE UTILIZED FOR THE CASH OUT (SAY EXCHANGE!!). WE ARE WAITING WITH BAITED BREATH AS THE TIME DRAWS NEARER AND NEARER. AS I GET ANY MORE INFORMATION ON THE R/V, I WILL RETURN.
2-20-2014 Newshound Guru Med I HAVE NEVER CHANGED MY MIND ABOUT THIS INVESTMENT...NOT CHANGED ONE BIT. WE HAVE BEEN SO CLOSE TWICE AND THEN THE RUG GOT PULLED. I WILL SAY THIS IF SHABIBI WAS STILL CBI GOV IT WOULD BE OVER RIGHT NOW. WE HAVE NOTHING BUT CORRUPTION WHICH IS DICTATING THIS INVESTMENT RIGHT NOW...I DONT KNOW HOW THINGS STAND WITH MALIKI OR NAJAFI OR ALLAWI ON WHO WOULD RUN THIS COUNTRY NEXT. IF 2 OR 3 GET IT THEN THIS WILL END MOST LIKELY BY END OF YEAR. THERE IS SOME LEADERSHIP THERE THEY JUST NEED A CHANCE TO SHOW IT.
2-20-2014 Intel Guru Jester [BOTTOM LINE WHO IS FOOTING THE BILL. WHO IS PAYING TO CASH THE DINAR OUT? ] IT IS SEVERAL DIFFERENT AVENUES. THERE IS NOT ENOUGH MONEY IN THE WORLD TO COMPLETE THIS. THE GOLD IS THERE . IT IS COMPLICATED. OIL CREDITS ARE INVOLVED AS WELL. DINAR CONVERTS TO OIL CREDIT. IT DOES NOT LEAVE, IT IS DESTROYED WHEN CONVERTED. IF 3.44 TO OIL CREDIT, FOR IRAQ TO PRODUCE IT, IT COSTS THEM LETS SAY A PENNY. IT WAS CHEAP FOR THEM TO DO. THERE HAS TO BE A VENUE TO GET IT BACK. OIL CREDITS, UST AND CHINA HAVE THEM AS WELL. IT IS A GOOD DEAL, CHINA HAS NO OIL AND UST MAKES MONEY. VERY COMPLICATED FOR SURE. GOLD IS A LITTLE PIECE. IT WOULD TAKE 6 MTHS TO FIGURE IT OUT.
2-20-2014 Newshound Guru Adam Montana [...have you heard any documentation confirming that smaller dinars have been printed?] MY sources told me several years ago that smaller denoms were indeed either printed or ready to be printed... but obviously we won't see them until the rate is raised significantly. Since that hasn't happened yet, it's not surprising that we haven't seen them or heard much news about them.
2-20-2014 Newshound Guru Millionday [So we will see it on CBI's site 1st?] it will be seen everywhere as soon as the market opens that you are looking at when it applies. [Is there an OMO meeting in Mar that it should be done by?] i dont have any ink stating that it has to be done by march but it seems as though they are saying now and they are ready -- we will have to wait and see until the date is given.
2-20-2014 Newshound Guru Aggiedad77 [new guru] Articles: "Shahristani reveals the approval of the Kurdistan region to export oil through the "Sumo" and Kurds agree to export their oil through the Iraqi Foundation Sumo" Just say HUGE...this is an awesome step forward for Baghdad to get the Kurds to this kind of agreement concerning their oil and who has responsibility to handle the export distribution of it...the Kurds have done the right thing...IMO...in agreeing to this...and I now believe that there will be other issues that start to domino in place regarding their other sticking points to the budget. ...it is important to see these two separate confirmations of the same thing...it proves more validity that these articles are real.
2-20-2014 Newshound Guru Kaperoni Article: "Officials in Babylon hold banks responsible for the reluctance of the projects and to encroach upon the laws" Quote: "the most important projects that led to the withdrawal of labor and prison contractor, the lack of liquidity for the project building of the provincial council, as well as political interference that led to the delay in the project," Sure seems the ineptness of the government is starting to really hurt the economic progress.
2-20-2014 Newshound Guru Adam Montana [After crunching the Currency Auction Data, I come to the realization that Iraq is running on USD rather than IQD. We don't seem to be waiting on events such as Erbil, CH7/8 or the 2014 budget but rather Iraq becoming a International tradable currency. How do you feel about that?] Actually - my answer is going to explain why I don't pay too much attention to the auctions. Iraq is not "running on USD" - they have a currency (IQD) that is pegged to the dollar (USD) and the purpose of the auctions is merely for the CBI to control the money supply, inflation, and the value of the dinar. With that said, I do still believe that the keys to progress here are still the same (such as Erbil, HCL, etc).
2-19-2014 Intel Guru DC The world is turning except for the US, and once ALL banks at all tiers are ready, they will let it go. They started with the less sophisticated CBI's, got those going, then the second world banks, then Europe, China and other first world countries. They have all signed off on the dinar, dong and rupiah. The US has been the backend for delaying this for the last year. Now the others have pinned the US down so that they cannot...It would take a major screw up to block this now. [post 2 of 2]
2-19-2014 Intel Guru DC On Sunday night, the wheels started turning on the RV. The overview is that they are taking different countries and getting those up and running, then formally setting the rates and moving on to the next country. It’s taking so long because they are making sure everything works, no glitches, and especially the US doesn’t try to renegotiate. The US is turning on the systems now, taking time to make sure everything is accurate and ready to go. We should see something this evening. [post 1 of 2....stay tuned]
2-19-2014 Intel Guru TNT Tony Within 20 - 30 minutes, we could all be jumping up and down and screaming. We’re in a really, really good place. The 800 numbers are in place, and we could get them any moment. The VNN has four rates, just like the IQN. Our 30 days is still in play, so don’t worry about that. They were all set to go at the weekend, and they decided that because the start button was in the US and it would never get pushed, so they decided to do it one country at a time until the US was the last one ready to go. That should happen tonight or tomorrow morning, and then the CBI will go live. We have never been this close. [post 2 of 2]
2-19-2014 Intel Guru TNT Tony [via Adipt1] I was hoping we would have a real good announcement, and you would be partying and celebrating, but we have to wait, just a little longer. Everything is still pointing towards a super-fantastic day. Christine Lagarde signed off on the RV for the 15th time, and it should have been a 24-hour window, and it should have been done by now, but the process is going on as we speak. The US is still upset about this, but they are not technically holding this up. All the call and exchange center people were there today. We don’t know the exact time but we do know windows. [post 1 of 2....stay tuned]
2-19-2014 Newshound Guru Adam Montana [You seemed real excited about BIS news a little while back?] That hasn't changed at all! We obviously need a little more before we can cash out, but that news was and is still awesome in my opinion. [I understand that you don't have a date for this "happening", but as for the rate, are you still sticking with the $0.10 or do you think it could hit higher...and what WILL determine the rate, in your opinion?] I'm actually leaning towards a higher value the longer this takes. Depending on how the dollar holds up, a higher rate may not get us much more... but the longer Iraq has to make improvements and progress, the stronger they will be.
2-19-2014 Newshound/Intel Guru BGG Forex Anomaly 02-19-14: I suspect this is a case of “misplaced decimal”…However, 11.60 Dinars per dollar is roughly .086 USD – some “version” of a familiar benchmark. [reference Guru Delta's post 2-19-2014] The more important news (to me) is the daily auctions continuing to spiral downward...
2-19-2014 Newshound Guru Adam Montana ...here's some positive news! 1. UAE [United Arab Emirates?] opens office in Erbil. 2. A slew of articles supporting the CBIs ability to maintain the stability of the dinar and expressing the need to support the CBI's "measures" (which happen unilaterally, by the way!). (I know I'd support a "measure" to increase the value!) 3. Barzani actively engaged in HCL discussions: I found a few more, but to sum it up... no RV at this immediate time, but with all this positive movement, I'm going to stick it out for a bit longer. [post 2 of 2]
2-19-2014 Newshound Guru Adam Montana Another week has gone by in the land of dinar with no revalue, but let's not despair. Despite the crazy opinions you might read out there it's best to always keep in mind that 85% of what you will hear or read are just that... an opinion. The other 15% might be fact, but at the end of the day I have one more fact for you: NOBODY can prove that the dinar will or will not revalue. If you bought into the dinar because you need a quick payday... maybe you should sell your dinar. But if you bought into it because you believe the fundamentals are good and there is indeed a chance to make some money... then stay in! [post 1 of 2....stay tuned]
2-19-2014 Newshound Guru Millionday Formal Government Document: Quote: "morning continues votes demanding action to raise the value of the local currency..." this is kind of a report to the citizens...they are saying that they are going to raise the value and apply all the regulations for the modern banking -- this would make them take out the imposed/program rate of 1166 and put in the reality rate but they have given no time that they plan to do that...but looks very close due to the recent reports...all they have said is that they are ready and are stating they are doing that...it would be a revalue or a reinstatement.
2-19-2014 Intel Guru Jester [Do you believe the progress or lack of it in Iraq is having an impact on the RV? Or, is it dependent on the IMF, UST or whatever?] IT COULD...MALIKI HAS NO PARTICULAR REASON TO WANT THIS... HE HAS ELECTIONS COMING UP... QUITE FRANKLY I THOUGHT HE WOULD BE LONG GONE BY NOW TOO.
2-19-2014 Intel/Newshound Guru Poppy3 I STATED LAST MONTH THAT MALIKI TO WIN THE ELECTIONS WILL HAVE TO RV AT LEAST 30 DAYS BEFORE THE VOTING STARTS BECAUSE IT WILL TAKE THAT LONG FOR BENEFIT TO SHOW FOR THE PEOPLE OF IRAQ. TIME WILL TELL.
2-19-2014 Intel Guru EXOGEN THEY ARE CHANGING THE PRICES ON FOOD AND ITEMS IN IRAQ RIGHT NOW.
2-19-2014 Intel Guru Delta FOREX EXCHANGE IS SHOWING 1USD = 11.6 DINARS...U.S. Dollar/Iraq Dinars (^USDIQD)...11.6-1,158.3 (-99.01%) 6:00P CST (FOREX). MAYBE IT'S NOTHING, BUT THE DATE IS NOW SHOWING FOR 02/19/14. IT IS ABOUT $.08=1 DINAR. LIKE I SAID FAMILY MAYBE IT'S NOTHING, BUT IT'S VERY INTRESTING. 2-19-2014 *** Sad Dinar Guru News Update *** I have sad news for the community...another of our gurus has fallen. It's being reported that long time Intel Guru Studley passed away this past weekend. Regardless whether you're more a newshound or an intel follower, Guru Studley brought insight to the debate. Our thoughts and prayers and with him and his family...
12-18-2014 Newshound Guru Kaperoni Article quote: "Revealed the site BBC Trending of the British Broadcasting Corporation, on Tuesday, for "hustler" Americans used social networking site Twitter..." Turki won't be happy if he sees this. Bankers don't like speculation. And this attention to the dinar in Iraq cannot be good. [They (CBI ) must know that their dinars are comeing over here.] of course the CBI knows where their dinar goes. This is nothing new to the CBI, its just unnecessary attention...it will not effect the overall plan, but any attention like this does not sit well with bankers. It could cause delays, it could force the CBI to be more discrete, or even post mis-information.
2-18-2014 Intel/Newshound Guru Poppy3 MALIKI DISRUPTED THE LARGE FINANCIAL MEETING SUNDAY THAT WAS TO BE TOTALLY DIRECTED AT APPROVING THE BUDGET SO HE COULD INTRODUCE HIS NEW AMNESTY LAWS THAT WOULD FREE HIM FROM BEING PROSECUTED OR HELD RESPONSIBLE FOR ALL HIS MURDERS AND THEFT OF FUND OVER THE LAST FEW YEARS. THIS WAS A HUGE PROBLEM AND UNTIL THEY GET BACK ON TRACK OF THE ISSUES NEEDED SOLVING I WILL RESERVE ANY PREDICTIONS OF TIMING. [post 2 of 2]
2-18-2014 Intel/Newshound Guru Poppy3 THERE HAVE BEEN SO VERY MANY CHANGES IN THE LAST THREE DAYS THAT WERE TOTALLY OPPOSITE WHAT WAS STATED AS THE AGENDA, AT THIS TIME I HAVE ZERO TIME TABLE UNTIL THE NEWS GETS MORE CONSISTENT AND THEY GET THEIR SHIP BACK UP RIGHTSIDE. WHILE THERE HAS NOT REALLY BEEN ANYTHING PROVEN TO BE NEGATIVE THE POSITIVE THINGS THAT WAS SUPPOSED TO HAVE BEEN ACCOMPLISHED HAVE NOT BEEN DONE. [post 1 of 2....stay tuned]
2-18-2014 Intel Guru Jester IT'S...A MOOT POINT TOO. YOU CANNOT GET IT. IT IS RESERVED FOR COUNTRIES AND SUCH... HUGE WHALES, FOUNDATIONS, STUFF LIKE THAT... IS NOT HAPPENING IN A GROUP RATE EITHER... THERE ARE STILL TIERS PEOPLE...THERE ARE SOVEREIGN RATES...PRIVATE PLACEMENT RATES...GROUP RATES IF YOU WILL...AND STREET RATES...IT HAS ALWAYS BEEN THAT WAY AND I BELIEVE IT WILL FINISH UP LIKE THAT. YOU CANNOT GET THIS RATE....WILL NOT GET THIS RATE. [post 3 of 3]
2-18-2014 Intel Guru Jester WHEN YOU BREAK IT DOWN A COUNTRY RATE IS ALSO SPLIT 3 WAYS AND YOU GET A THIRD AND ANYTHING OVER THE STREET RATE IS FOR PROJECTS. LETS BREAK THAT DOWN....IN THAT INSTANCE 1/3 TO CHINA OR REP, 1/3 TO UST, AND 1/3 TO YOU - MINUS THE FEES ETC...SO ROUNDING IT OFF YOU WOULD GET AROUND 12.66 MINUS THE FEES...WHATEVER THEY ARE... LETS ROUND IT OFF TO $11...THAT SHOULD COVER IT. THEN YOU CAN ONLY SPEND UP TO THE STREET RATE SAY 3.44 OR 3.66 OR WHATEVER LEAVING AROUND 7.50 TO BE USED FOR PROJECTS WHICH HAVE TO BE APPROVED BY THE AUTHORITIES. [post 2 of 3....stay tuned]
2-18-2014 Intel Guru Jester [I see where some are still spouting $32 rates.] THAT IS A COUNTRY RATE THAT YOU WILL NEVER SEE. YOU ARE NOT A COUNTRY. YOU ARE NOT GOING TO DO HUMANITARIAN PROJECTS. YOU ARE NOT SPLITTING THAT RATE 3 WAYS WITH CHINA AND THE US, THAT IS NOT GOING TO HAPPEN. LET ME TELL YOU SOMETHING ABOUT THE HIGH RATES...SURE THEY ARE REAL ENOUGH...IF YOU KNOW WHAT THEY ARE FOR THEN THEY MAKE SENSE. ANYTHING OVER THE STREET RATE IN THOSE HIGH NUMBER DEALS LIKE THAT ARE FOR HUMANITARIAN PROJECTS...THE PART YOU GET TO SPEND IS THE STREET RATE. [post 1 of 3....stay tuned]
2-18-2014 Intel/Newshound Guru Poppy3 ...THE IRAQ PEOPLE REMEMBER THAT THEIR DINAR WAS VALUED AT OVER THREE DOLLARS PRIOR TO THE WAR AND THEY REALIZE THEIR NEW GOVERNMENT AND THEIR BANK HAS PROMISED MANY TIMES IT WILL RETURN TO PROMINENCE IN THE MIDDLE EAST. THEY WERE EVEN TOLD MANY TIMES THAT IT WILL BE THE STRONGEST VALUED CURRENCY IN THE MIDDLE EAST MAKING IT THE STRONGEST IN THE WORLD...
2-18-2014 Intel Guru Bluwolf things are moving along smoothly, there are no changes, everything is as been said, no delays all under control, surprise is on the rise.
2-18-2014 Intel Guru Delta The CBI has no choice or time left…almost all the IQD has been pulled off the street...Kurdistan needs to have money to operate...do not be disturbed to see a rate of .10 or .30 and don’t worry because the value will come up...no one knows the date or rate, but the articles from the CBI are showing the rate must come out soon, and the currency announced to the world. we could see the new rate come out any day and any time of day within the next 2 weeks. This is an exciting time for us all! [post 2 of 2]
2-18-2014 Intel Guru Delta [via anonymous] [(Can) the OMO can work without a rate?] no, the IMF did two Article 4 reveiws of Iraq. The next Article 4 review for the GOI is in March and they have to move to Open Market Operations before the March Article 4 review. The OMO cannot operate without a new rate and something needs to happen quickly. there is terrific pressure on the CBI and this week should see some exciting events over the next 2 weeks, we may see the rate start low...(.30 cents) and rise over the next couple weeks to $1.17 or whatever rate they have in mind. [post 1 of 2....stay tuned]
2-18-2014 Intel Guru DinarWishes I have said for YEARS this should not be your plan “A”… Maybe not even your plan “B”. I do feel we are in a great position to see this come to pass...Look around you...Watch the news...See the reports for what they are and not what they are trying to spin. Fighting in Iraq is not new...People say oh they are fighting thats going to delay it. NOPE, it wont speed it up either. Can it happen tomorrow??? Yes...But it could have happened last month as well...we are where we are...we are closer. [an English radio show...said they called the IMF and they didn’t know anything about the GCR or RV.] well, thats a lie...The IMF knows plenty about this but, they cant admit it.
2-18-2014 Intel Guru Frank26 [via anonymous] we are witnessing a lot of activity and the banks are happy…the 3 zero notes have all been pulled in and now the CBI needs to release the new rate or return the dinars to the banks.
2-18-2014 Newshound Guru Millionday this was to begin yesterday...they have to comply due to the banking laws...no timeline given of how long it will take or how many steps but the beginning would seem to be the raising of the rate against foreign currencies and the call will come that they are to exchange for redenomination as well. [post 2 of 2]
2-18-2014 Newshound Guru Millionday Quote: "A source of (time ) yesterday ( that the meeting discussed the instructions for the sale and purchase of foreign currencies that have been working out from last Sunday, he said ( banks expressed their willingness to implement the instructions to enhance the value of the Iraqi dinar against foreign currencies..." this was sent to me and it is also paired with formal orders by the Governor of CBI , Turki. this is the call for the reality rate to be applied by all the banks -- they have to do the steps they have been given and this is the formal order for them to begin that process... [post 1 of 2....stay tuned]
2-18-2014 Intel Guru Nova [via anonymous] ...at the end, the monetary reform can’t be hidden…we are seeing that now...they can no longer hide what they are doing and there is lots of activity at the CBI and GOI. the auctions will continue To the day the rate is released! ...there is no motivation for the banks to buy USD so the auctions are low.
2-18-2014 Intel Guru Jonnywg Studley...had an attitude and joy de life that we all should have. Most people do not know it but [Studley] was a curly topped big boy....over 6'. A lot of you do not know that [Studley] was a Linebacker at a FLA university...Took many classes in finance...Was connected to several top 5 banks including the Chairman of The largest bank in Spain. We all agree that it was way too early in his life to pass on...sad day....he was so young. 2-17-2014 Intel Guru TNT Tony From all the information we are receiving, we are NOW going to get the $32 rate – not everybody, but it is going to be offered. That is what we were fighting for. So we got that, and a double-digit rate over $15, and then another rate that’s over $5… all available, PLUS the international rate that is about $3.71. So we did get that $32, or at least it will be offered. We don’t actually have it until it’s in our hand. I don’t know what time it will be over, but I do know some banks were open today to get a head start while other banks were closed. I am looking forward to waking up with the nightmare over so that the dream can begin. [post 2 of 2]
2-17-2014 Intel Guru TNT Tony [via Adept1] We expected a super-fantastic weekend and we didn’t get one. Saturday night we got calls for Asia and other places saying the GCR happened, and the rates were live, and then it stopped. The fact is that they are doing it a little bit different because they did renegotiate. The rates have changed and the UST was going to release it to all the banks world-wide, ...Now the same sources are saying the IMF is running it instead. Everyone is now agreed about everything, once again. Everyone now has everything they wanted, asked for, and hoped for, and it should be going through. [post 1 of 2....stay tuned]
2-17-2014 Intel Guru Bluwolf I knew Studley very well, he was like a son to me, he was a gentleman and a good friend. His lost today and the news of his passing gravely has impacted my inner being creating a shock that will last my whole lifetime, my condolences to his family and love ones. May you rest in peace my dear friend...
2-17-2014 Newshound Guru tlm724 Article: "Reduction of dollarization is one means of monetary policy reform" now we're talking! get rid of the dollar...because that would also achieve economic stability. so if they can [get] the people to use cards it will go a long way in eliminating the dollar. the more we see them discussing dedollarizing the better, it means they know what needs to be done and they have said more times then I can remember that they want to use the dinar, make it strong and desirable to the people!
2-17-2014 Intel Guru Freeway Bill It was early in 2011 when I met Studley for lunch... I walked in to find a tall, curly headed young man with a smile that could light up a room. My friends, mourn the loss of a great man...When the RV occurs, personally I will look up in the sky toward the heaven and thank Studley for everything he did in his life to help prepare all of us for this blessing. I will miss you like a brother and I will remember you the rest of my life. My friend, my brother, I bid you tonight sweet dreams for a long awaited peaceful sleep.
2-17-2014 Newshound Guru Kaperoni Article: "Abadi: fears of fraud and money laundering postpone the process of lifting the zeros from the currency" [Waiting to do this insures the counterfeiters they can keep counterfeiting just as does a float.] floats are what countries do, RV are not. You need to come to terms the dinar will rise gradually.
2-17-2014 Intel Guru Jester I THINK WE ARE FINALLY MAKING SOME PROGRESS...SOMEWHERE ALONG THE WAY CERTAIN PEOPLE STARTED THINKING THEY WERE ABOVE THE LAW... AND TO A CERTAIN EXTENT THAT IS THE TRUTH SINCE THEY ARE THE ONES WRITING IT... HOWEVER... THERE IS ALWAYS SOMEONE THAT WILL TAKE EXCEPTION TO THAT AND STEP IN TO MAKE SURE IT IS 'SPLAINED.
2-17-2014 Intel Guru BOBGETZ6 [How do you feel about this as being legitimate?] [Will it ever rv or is it a war currency that will be replaced?] I think it will RV. I have no fear of replacement. The current currency was printed from 2003 on, I believe. It should be good. Too many countries hold that currency for it to be replaced, IMO.
2-17-2014 Intel Guru WILDDUCK 62 hours from friday that gets you to monday. where is the bummer weekend? remember bank servers will be down for maintenance including US and Australia SS servers, when was the last time that happened?!
2-17-2014 Intel/Newshound Guru Poppy3 THE NEWS IS VERY SCATTERED TODAY ...THE PROGRESS WILL CONTINUE IN IRAQ AND I AM PRAYING FOR HUGE BLESSING TO ABOUND VERY SOON.
2-17-2014 Newshound Guru Millionday Article: "Mustafa al-Hashemi represents a reduction of dollarization in Iraq..." the only way to get a country or anyone to stop using one currency and use the other is to make the currency give them more for their money. so they are saying that the dollarization will be reduced and the dinar will be everywhere because the dinar will buy more and will be what is on the cards and in the banks and it is a huge part of the monetary reform that they are doing...applying the reality rate is going to be hard but they are going to do this in the near future. the US will however now be used as a reserve currency in calculating the reality rate for the Iraqi dinar rate against all other international currency along with revenues , gold, metals, gdp, etc., etc.
2-17-2014 Intel/Newshound Guru Poppy3 I STATED THIS WILL BE A GREAT WEEK PROVIDED THINGS DO NOT CHANGE AND YES SOME THINGS HAVE ALREADY BEING REPORTED AND BEING CHANGED. MEETING BEING POSTPONED, LAWS TO BE VOTED IN BEING POSTPONED NEW LAWS NOW BEING MENTIONED AS TO BE VOTED ON THAT WHERE NOT ON AGENDAS EVEN YESTERDAY. EVEN WITH ALL OF THIS ACTIONS ARE BEING TAKEN AND NEWS IS STILL NOT STATUS QUO WE ARE MOVING FORWARD. 2-16-2014 Intel Guru Nova When The Governor Of The CBI A Few Weeks Ago At The Banking Conference In Dubai Said To The GOI, We Would Love To Help You Sell Your Bonds But You Need To Pass Your Budget First. He Was Referring First, Of The Need In Having A Line Item In The Budget That Will Pay The Coupon On The GOI Bonds. Second He Was Stating The Need To Pass The Investment Banking Law. One Last Thing, It Is Also Needed For OMO. Because OMO [Open Market Operations] Is The Process Of Central Banks Sell Government Debt. As For The Week Ahead I Pray We Are All Surprised By What Is Happening.
2-16-2014 Intel Guru TNT Tony I was told that the group that doesn't want the RV to happen right now, wants it to happen in about 2 months (Yes April). I want to leave you with this, according to the information that I have, the RV should be over and we should be at the banks by Tuesday if not sooner. So there is some good news going around, I just don't want to repeat it because I know that there is still a group of people trying to stop it... [post 2 of 2]
2-16-2014 Intel Guru TNT Tony ...we were looking for a superfantastic weekend and now...Nothing, Nothing and Nothing. No RV announcement, No 800#s, No bank appointments and No public exchange. Nothing...(though the weekend is not over yet). I have received information from several sources that attempts to make the RV public have occurred and have been halted, with several different excuses being given. I am also hearing that it is still in motion and we could see it by Monday morning. Lets wait and see what happens. [post 1 of 2....stay tuned]
2-16-2014 Newshound Guru Kaperoni Article: "The government Tuesday to discuss the repercussions of the decision of the central bank monopoly on currency" New policies take time to implement and evaluate. I would expect at least a month or two before the CBI would consider raising the value. What bothers me more is here, once again we see Maliki and his CoM reviewing monetary policy. He needs to stay out of it.
2-16-2014 Newshound Guru Millionday so much going on and all in the right direction -- so many of the issues resolved...i am so encouraged.
2-16-2014 Intel/Newshound Guru Poppy3 I HAVE RECEIVED NO LESS THAN THREE MORE CALLS TODAY ALL TELLING ME THIS WILL BE A GREAT WEEK. I HAVE RECEIVED THESE MESSAGES FROM WASHINGTON, NEW YORK, IRAQ AND TEXAS PEOPLE IN VERY STRATEGIC POSITIONS. YES I AM ENCOURAGED BECAUSE IT ALL LINES UP WELL WITH ALL THE NEWS THAT IS COMING DIRECT FROM THE IRAQ NEWS OUTLETS.
2-16-2014 Newshound Guru Millionday tomorrow [Sunday] is the 16th and it is the date of a huge press conference so we will have some major announcement and we dont know what it is but - CBI and leaders and financial ministers will be there and part of it as well as others.
2-16-2014 Intel Guru TerryK EVERYTHING IS TO BE SIGNED, SEALED AND GOING FOR THE ONE ELECTRONIC SIGNATURE THIS WEEKEND. I WOULD SAY EITHER SUNDAY OR TUESDAY. IM ALSO HEARING THE RATE WILL BE AROUND THE 8 DOLLAR MARK BUT NOT HEARING ANYTHING ABOUT THE DONG AT THIS TIME OTHER THAT IT IS TO GO WITH THE DINAR.
2-16-2014 Intel Guru Jester IN MY OPINION AND FROM WHAT I AM HEARING THINGS ARE MOVING ALONG RATHER NICELY. 2-15-2014 Intel/Newshound Guru Poppy3 ...THE DINAR WILL BE VALUED ABOVE THE DOLLAR AND IN MY OPINION WILL BE 3 DOLLARS PLUS FROM THE GET GO. THEY HAVE TO MEET BUDGET PLUS AND THE BUDGET IS BASED OF A MUCH HIGHER RATE THAN THE DOLLAR IS TODAY. ANYTHING LOWER DOES ZERO FOR THEM.
2-15-2014 Intel Guru Bulldog75 WE ARE DEFINITELY AWAITING FOR THE ELECTRONIC DOOR TO OPEN. IF INFO IS CORRECT FROM IRAQ REGARDING: PHYSICAL CURRENCY, BUDGET IMPLEMENTATION, SELLING OF GOVT BONDS, AND LOWER DENOMS; WE SHOULD SEE A POSTED RATE WITHIN A MOST PROBABLE 24 HOURS.
2-15-2014 Newshound Guru Millionday they are not going to wait on all of the budget to get the projects rolling, in other words they are going to begin projects and roll forward while they get all the way through all steps and agreements --- the thing is that the projects will also begin work and jobs and investment and etc. the 16th of the month is huge and is reported to be a great press release with CBI and all ministers.
2-15-2014 Newshound Guru Kaperoni Article: "Open market operations .. Tool absent from the proceedings of the Iraqi Central Bank" the CBI was doing a form of OMO [Open Market Operations] for the past several years, this is just a new twist (in which the CBI steps back from the money supply) which is more in line with other central banks around the world. And after that will be another when they introduce the bonds, etc. In other words, the CBI is phasing in little by little until they are functioning like all other central banks.
2-15-2014 Intel Guru Fisherman1 ...get your plans and yourself and be ready and prepared, at any given hour or minute over the next few days, all of your dreams are coming true. I know a lot more than I can share and...People we have won the battle, we are just waiting on our trophy.
2-15-2014 Intel/Newshound Guru Poppy3 I HAVE A VERY GOOD FEELING ABOUT THIS COMING WEEK. IT SEEMS THINGS ARE AGAIN LINING UP FOR SOME ACTION INSTEAD OF JUST TAKING AND MAKING PROMISES THAT ARE NEVER ACTED UPON BEGINNING WITH THE NATIONAL MEETINGS SET FOR TOMORROW AND THE PARLIAMENT AGENDAS THEY HAVE STATED...WE COULD HAVE A GREAT WEEK.
2-15-2014 Newshound Guru Millionday Article: "The Ministry of Finance of Iraq announced the launch of work document 'insurance wellness' to all citizens. explained Sadiq Abdul Rahman Hussein...that his company has introduced 'policy' new complementary insurance certificate Life a document 'insurance wellness', where can any citizen from which to insure his health." there are many and i mean many that believe that the insurance act is a huge door to our success...it is so much that this is covering. we have mutual friends that have called and said that is all --we are waiting on -- i dont think that means that it leaves zero but I do like that the two weeks to three that were given for us to see the removal of the three zeros is ticking away -- we shall see.
2-14-2014 Intel/Newshound Guru Poppy3 I STILL HAVE THE SAME OPINION AS LAST YEAR WHEN THEIR MINISTER OF FINANCE STATED V N [Vietnam] WILL NOT RV WITH THE DINAR THAT THEY MAY MAKE AN ADJUSTMENT TO THEIR VALUE AT THAT TIME BUT IT WILL BE A YEAR OR SO POST DINAR RV BEFORE THEY WILL RV THE DONG. UNTIL I HEAR ANYTHING DIFFERENT FROM BANKERS OR HIM AGAIN DIFFERENT I WILL MAKE DECISION BASED ON THIS INFORMATION.
2-14-2014 Intel Guru TNT Tony We should have been in bank line right now. That was the intention for today. Today is Friday and their banks were open earlier exchanging to lower denoms, no USD can be used except for US bases. Things were in motion last night but they were stopped...it was serious to make sure it was taken care of and has been resolved. This time it was not the US that stopped it. This one thing held us up but they set a new time table and I'm expecting it this weekend. Call centers & exchange centers are there. The rates changed again yesterday. They went up higher than discussed before. It was made better for you yesterday.
2-14-2014 Intel Guru SteveI We are hearing that once the budget for 2014 gets passed and the budget law passed, things will probably move along quite quickly. They need money and they need it now. The northern region already borrowed 100 Billion to pay for wages and so on because the budget has not been passed. They seem to be on a mission now to get it done.
2-14-2014 Intel/Newshound Guru Poppy3 HE ALSO SAYS NO ONE INCLUDING ALL HIS POLITICAL FRIENDS THAT HE IS AROUND ALMOST DAILY SAID ABSOLUTELY NO ONE HAS CASHED OUT... ALONG WITH THE GREAT NEWS ARTICLES AND...THE MAJOR ANNOUNCEMENTS TO BE MADE ON SUNDAY THIS IS VERY ASSURING FOR ALL OF US. [post 2 of 2]
2-14-2014 Intel/Newshound Guru Poppy3 I WAS...CALLED BY WHAT HAS BEEN A VERY GOOD SOURCE AND HE JUST TOLD ME THAT WE HAVE A GREAT WINDOW THAT WILL OPEN TOMORROW EVENING SATURDAY AROUND 3PM AND RUN FOR 72 HOURS OR SO THAT ANNOUNCEMENT OF THE RV COULD TAKE PLACE. HE SAID THIS FAKE HEART ATTACK [MALIKI] HAS BEEN JUST A PLOY TO DEFER ACTIONS AND DELAY MEETINGS REGARDING THE RE-VALUATION. HE SAYS ALL THE BANKS ARE NOW HOLDING THE LOWER DENOM AGAIN AND WHEN THEY WHERE RE-DISTRIBUTED THIS TIME THE BANKS HAVE BEEN PROMISED THEY WOULD BE USABLE VERY SOON AND WOULD NOT BE RECALLED THIS TIME. [post 1 of 2....stay tuned]
2-14-2014 Newshound Guru Millionday [when the RV, RI, float occurs & LD's are out in public, would we be able to trade our large notes for LD's, since it seems that the 2 will co-exist for 2-3 yrs?] the regulations for us citizens and also all foreign citizens will be given and put in place as this EVENT takes place -- at the beginning they will let us know how they plan on moving forward with the isx currency exchange market that will begin when the currency market enters the global stock market and it will be entirely different than what we have done -- we have purchased at an imposed rate due to allowance through an executive order that was agreed on and I do believe that we will be able get about 10,000 in cash and the rest will be electronic banking.
2-14-2014 Newshound Guru tlm724 Article: "Kurdistan Alliance: returning to the parliament and the budget discussions will end next week" so we will see what happens next week, hang on it's getting worked out.
2-14-2014 Intel Guru Bluwolf we are finally looking for 800# for Sunday or Monday, exchange from Tuesday on... if and only if Washington follows through with the original plan... there is already a lot of prosperity heading your way...
2-14-2014 Newshound Guru Millionday there is a huge economic meeting with press conference on the 16th of Feb -- it is very exciting and many are very excited to see what comes of it -- gov leaders, minister of finance and also CBI is taking part and it is a major announcement. [post 2 of 2]
2-14-2014 Newshound Guru Millionday I want to make me clear on my opinion -- I do not think that the budget has to be published entirely and complete for the international rates to be set and the three zero currency to begin on the exchange in country. [post 1 of 2....stay tuned]
2-14-2014 Intel Guru Frank26 In three days the CBI has collected... retrieved... called in... brought back... reversed engineered... or whatever you want to call it almost 3 trillion dinars...if I didn't know any better I would venture to guess that the CBI had a target or knew exactly how many more 000's they needed to bring back. We told you yesterday about the long lines with the citizens that were shown on Iraqi TV. They said all banks were busy too transferring their money to the CBI. Now add this to the dehydration of currency in Iraq. There is no money in the country and this is important evidence that something is about to happen not only to the currency but to the rate of the IQD. Yes the evidence has been encouraging.
2-13-2014 Intel Guru Angelquest i do not follow iraq for iraq is the after news...they will not release major info till they are allowed too so this tells me something is going on and they seem to put the 16th out sooooooo...but it can truly happen in the drop of a pin. [post 2 of 2]
2-13-2014 Intel Guru Angelquest this is what came out of iraq yesterday for those of you that have not seen or heard it. BREAKING NEWS Iraq TV said today at 1PM that all physical currency has to be in the bank...this will immediately cause an increase in the demand of the dinar raising its value. They are now in a race to implement their budget immediately. The dinar is now on the open market as of the 16th by the selling of government bonds. This will cause some type of RV just by supply and demand due to nobody having dinar for the auctions. They would then have to release the rate and break out the Lower Denominations. [post 1 of 2....stay tuned]
2-13-2014 Intel Guru Delta verified there are long lines at all the Iraq banks. IMO, the rate may come out at any value…$1…0.20 any number and the market will drive up the value and the rate will float.
2-13-2014 Intel Guru TNT Tony 3. Iraq banks have been notified that they are to be fully international tomorrow (Friday AM). Confirmed x3 banks. Bank transactions halted due to expected currency fluctuations until tomorrow. 4. As I told you yesterday, the hold up was at the request of the IMF, they wanted to clean up some mess created by weasels. That is officially done and all good. 5. International RV to occur in next day or less!!! 6. GCR is scheduled for 15 Feb 2014. 7. Iraq bonds finally set to go live on 16 Feb (after the GCR). [post 2 of 2]
2-13-2014 Intel Guru TNT Tony I am hearing that things are progressing in our favor. I am very excited about the following: 1. In Iraq there are announcements on TV, Radio and in the papers saying effective immediately the US Dollar is not to be used. Folks are lining up at banks for lower denoms and to exchange USD (not just merchants). 2. That their tv is showing interviews of cbi officials speaking of pending rv because of the new demands now on dinar. This is being broadcast to calm the people, because they are upset that their new rate is not publicly international. [post 1 of 2....stay tuned]
2-13-2014 Intel Guru Frank26 On the 16th there may be a floating rate. 1 to 1 and then it may be released into an open market policy. Open market operations...selling government bonds. The demand for the iqd had increase and the value is about to increase significantly. The central bank governor said on TV they are ready to sell gov. bonds today. He said to the citizens that a significant value of the currency is about to change. It has been verified. [post 2 of 2]
2-13-2014 Intel Guru Frank26 [via Realism] We are at the end. They only have two choices - Release the rate or risk major exposure. Announcements made in Iraq today. Iraq is set to implement an open market policy on the 16th. That means they will be international. Iraq set to sell bonds and in order to do that there must be a rate. Can't sell them without...that was the announcement earlier. The liquidity in Iraq is drying up...cbi getting ready for a very big transformation. [post 1 of 2....stay tuned]
2-13-2014 Newshound/Intel Guru Eagle1 correlates with information from IMF source and a second confirming source that Monday Feb. 17th is a bank holiday (Presidents Day) and according to sources there should be changes in the Global Currency Market this weekend.
2-13-20-14 Intel Guru Nova This will also dry up the currency auctions as the banks will not have any IQD to purchase dollars. IMO, when the new rate is announced the CBI will flood the market with LD’s (Lower Denominations). IMO, the CBI can only do 2 things…release a rate, or flush the entire monetary reform...everything in Iraq depends on sucking the country dry of IQD, announcing the rate, and then releasing the LD’s…This will also drive them to electronic currency. Feb. 16th is an very important date because if the CBI does what it says it will…we will learn about the rate. [post 2 of 2]
2-13-20-14 Intel Guru Nova the budget is still being held waiting for something. This week we have seen a choke being put on the currency of Iraq, and at the same time telling the citizens that they will see an increase in the purchasing power of their currency. [how long can Iraq keep this going?] Not long at all. they are sucking the currency off the street and the economy will flatline if the currency will not revalue! With the requirement of banks to deposit their physical currency it is pulling the IQD off the street and sucking the country dry of IQD. [post 1 of 2....stay tuned]
2-13-2014 Newshound Guru tlm724 Article: "Economists: The delayed adoption of the budget will stop working with hundreds of projects" they are at a critical stage for paying their obligations and the 5 year plan can not go forward without the funds to make it happen! so, they get one more shot at the budget then the Fed Court will decide and I don't think the GOI wants that so maybe Saturday will see the first reading. even though they postponed the parliament session until Saturday they are still meeting and the its great to see Turki present and just maybe these meeting's will bear fruit and they are getting ready for Saturday.
2-13-2014 Intel Guru TerryK RUMOR IS M [MALIKI] HAD A MILD HEART ATTACK...WE CAN'T VERIFY. SOURCES TELLING ME...THURSDAY NIGHT AGAIN LOOKS VERY VERY GOOD FOR THE RV.
2-13-2014 Intel Guru Jester WE HAVE HAD MANY TIMES WHEN THERE WAS A LITTLE BLIP ON THE RADAR SCREEN OF THE RESET...WE ARE HAVING A LITTLE BLIP NOW...WHETHER IT FOLLOWS THROUGH OR NOT IS A DIFFERENT STORY... I HAVE ALWAYS BEEN OPTOMISTIC.
2-13-2014 Newshound Guru Adam Montana [do you think there is any correlation between the Congress & House passing the finance extension without incident or argument & a very realistic present as in a few weeks RV?] I see it as a GREAT sign, along with the other news that has been coming out lately. I still don't have an exact date for anyone, but the news is looking good recently.
2-12-2014 Intel Guru TNT Tony Tomorrow we will see just the two, the Dinar and Dong. These 2 are the foundation for everything else to happen. On 15th the GCR will take place with everyone else. I'm not announcing the RV just telling you it's scheduled for tomorrow. I haven't been given any particular time for in the morning...lets see what tomorrow brings. [post 3 of 3]
2-12-2014 Intel Guru TNT Tony They just text me and said to tell you this: The market rate is with zero taxes. I heard it was changed, that it went up. It was already over $3 - $4; The next rate is between $10 - $15, and you pay 50% of the capital gains tax...what ever capital gains tax rate you fall into you would pay 50% of that; next range is in high $20 - $30 but you would have to pay 100% of the capital gains tax, what the rate is; the other range was up to the $30s ... but would be 100% of the capital gains tax at your classification. The dong has 3 rates, $2 something, $3 something, $4 something, with your regular tax rate on that. [post 2 of 3....stay tuned]
2-12-2014 Intel Guru TNT Tony The IMF wanted to hold off 1 more day so they could guarantee the rates & some get things finalized so they could guarantee those rates. World leaders agreed on a code to be let out so all would know it was done. Supposed to happen today. I don't know that it did. It was to come from IMF, UST or the Administration. They are saying it should happen during the night and 800's in the morning and we should start having bank appointments tomorrow. This is information I got from this high, high source that is respected all around the world. Coming directly from that source with green light to say this. [post 1 of 3....stay tuned]
2-12-2014 Intel Guru EXOGEN On Iraq TV news tonight a large group of Parliament members demanded that the CBI reveal their plans for the RV and that a statement should be publicly issued immediately.
2-12-2014 Newshound Guru Mailman17 FOLLOW THE MONEY TRAIL... IRAQS BANKS AND ISX ARE READY...THE US IS NOT A HOLDUP AS MANY THINK. THIS FAR SURPASSES OBAMA. THIS IS AND ALWAYS WILL BE A CURRENCY EXCHANGE...PERIOD. IT WILL FALL UNDER RADAR AND THEIR ARE NO NDA'S... AND AS FAR AS I HAVE SEEN AND HEARD THEIR ARE NO UPPETY UPS THAT HAVE CASHED IN, AS THE MAJOR BANKS WOULD NOT TAKE A SNOWBALL CHANCE IN HELL IN A LAWSUIT REGARDING INSIDER TRADING...FOOD FOR THOUGHT.
2-12-2014 Newshound Guru Tlar Article: "Parliament: Postpone the deletion of zeros from the currency to avoid a scheme to replace counterfeit currency" The counterfeit issue is a snow job. With tight controls the counterfeit currency will be locked out of the banking system and for sure the CBI has instructed the banks that if they buy bad currency they will eat it. We know there are 10 De La Rue machines in the banks because they bought them years ago and distributed them – maybe to just the government banks.
2-12-2014 Intel Guru Frank26 [via EXOGEN] Iraq TV said today at 1PM that all physical currency has to be in the bank...this will immediately cause an increase in the demand of the dinar raising its value. They are now in a race to implement their budget immediately. The dinar is now on the open market as of the 16th by the selling of government bonds. This will cause some type of RV just by supply and demand due to nobody having dinar for the auctions. They would then have to release the rate and break out the Lower Denominations.
2-12-2014 Newshound Guru Adam Montana [Where are we with regard to an RV according to your contacts?] Although we all would prefer to already have an RV, I am not disappointed in the progress made recently.
2-12-2014 Newshound Guru Mailman17 SHABS STATED BEFORE HE WAS OUSTED THAT IRAQS INTENT WAS TO HAVE THE DINAR ON PAR...QUOTE! FROM SHABS...ON PAR WITH THE DOLLAR AT RV TIME. IRAQS BUDGET THIS YEAR LIKE OTHERS IS INSEQUENTIAL [INCONSEQUENTIAL?] UNLESS YOU FACTOR IN THE LEAK THEY WOULD RELEASE IT AT 1.16 TO THE DOLLAR. THE HCL IS A MAJOR PLAYER, BUT THE KURDS SEEM SATISFIED. FOLLOW THE NEWS AND...STAY FOCUSED. [post 2 of 2]
2-12-2014 Newshound Guru Mailman17 THE NEWS IS GREAT...YES...BUT AS FAR AS CALL CENTERS, TO MY KNOWLEDGE TO MY BANKING CONTACTS, THEY DONT EXIST. THERE ARE NO TIERS EITHER. BUT, FOLLOW IRAQS MONETARY POLICY AS MANDATED BY THE CBI. IF THEY INTEND TO SELL BONDS AND GOLD FOR THAT MATTER ON THE OPEN MARKET ON THE 16TH THEY INDEED NEED A TRADEABLE CURRENCY. [post 1 of 2....stay tuned]
2-12-2014 Newshound Guru Kaperoni Article: "Paul accuses Central Bank actions intended for the demolition of the domestic economy" [has there been an official document by the CBI that they plan on stopping auctions and moving to an omo (open market operations)?] Yes, it is posted on the CBI website last September. OMO started last Sunday.
2-12-2014 Intel Guru DC I talked to ME, EU, and folks in DC about where we're at...this is imminently close, all have agreed to this & happy where we're at, and we are going to see will see it ASN/AMN.
2-12-2014 Intel Guru Frank26 Article quote: "The central bank announced earlier that the project to delete the three zeroes from the Iraqi currency will be transferred from the country of billions to trillions country." [Could this be them telling us something big is about to happen in their country? Is there even a rate there somewhere between the lines?] IMO, No need to ask the obvious.
2-12-2014 Intel Guru TNT Tony Still hearing today. I'm hearing they're trying to remove NDA at certain rates and the NDA has been simplified. I'm not putting the rates out, but I will tell you there are 4 different rates: there is a contract rate still on the table, an international, market rate, and double digit rates. The dong has 3 rates. It's looking real good for us and hoping it will be finalized today...it could still change in the next hour.
2-12-2014 Intel Guru TNT Tony I've been on phone for five hours already today, its all been good news...the only problem is, it hasn't happened yet. People are sitting at call centers right now and the rates are at the banks and they are saying that it's there and we're getting things that it's not political right now and a problem with the system. How can the system have a problem when there wasn't a problem when they cashed out 180K people already. How can that be the problem? I know it's up to US to release it.
2-12-2014 Newshound Guru Adam Montana No RV yet but if you’re keeping an eye on things, you undoubtedly noticed a flurry of news regarding the HCL. Nothing but good stuff if you ask me! Iraqi’s presidency will be making more and more headlines in the coming weeks, in fact we are already seeing some rumblings out there… one thing I am confident in is that Maliki needs to do something special to hang onto his seat, and an RV would completely seal his position! It will do the same thing for anyone opposing him as well, so I”m very excited to see who’s going to start kicking things in gear. We may not know WHO will do it, but we definitely know SOMEONE will be doing it soon!
2-12-2014 Intel Guru BWM I’ll post some numbers from the IMF’s site so you can really understand the implications of the U.S. being in charge…Looking at the IMF voting rights again today… there have been updates in the numbers: Of note, USA 16.75% Germany 5.81% (% increased) France 4.29% (% increased) interesting enough ALL the BRICS numbers went down; Brazil 1.72% Russia 2.39% India 2.34% China 3.81%. Again, no question as to who controls the IMF… the BRICS total voting bloc is only 11.03%. Remember those numbers reflect the power of a country’s currency in the global mix.
2-12-2014 Intel Guru DinarWishes ...things are moving slower than anticipated… as always… But they are moving… Keep the faith and know you are in a good position.
2-12-2014 Newshound Guru Millionday [the meeting to agree on and finalize the budget is still set for tomorrow (Wednesday) ?] yes. [Is the Vote still Tomorrow (Wednesday) ?] yes. [I know we are excited about the reading of the budget...but when they read it do they have to have a reality rate?] we are hoping that with the announcement of the removal of the three zeros and the press conference after the budget vote and the announcement of the many other things we have seen -- the press conference is very exciting. we are -- encouraged.
2-12-2014 Intel Guru Jester ALL THE CURRENCIES WILL RESET AT THE SAME TIME...GETTING SOME INDICATIONS THAT IT IS REALLY CLOSE... AM I GOING TO TELL YOU WHERE I AM GETTING THAT? NO. ARE THEY STILL FEELING OPTIMISTIC? YES. LET'S SEE WHAT THE NEXT DAY OR SO BRINGS. I AM HEARING EVERYONE MAY BE HAPPY. IF THEY ARE RIGHT THEN I AM SURE YOU WILL BE.
2-11-2014 Newshound Guru Kaperoni Article: "Central bank: direct a number of banks funded their accounts open for the purposes of currency auction" The fact that the banking system is now operating on "open market" operations is huge. IMO it means the CBI is taking steps to raise the value (before June). The auction numbers will be a thing of the past because now that all banks have $250m in capital they are now funding the foreign currency needs.
2-11-2014 Newshound/Intel Guru BGG Article: "Parliament warns of bankruptcy within two months if the government did not pass a budget" Quote: "...the government threatened with bankruptcy and depletion of reserves financial within 3 months if they do not pass the budget." the financial walls are closing in.
2-11-2014 Intel Guru TNT Tony [via Already Blessed] TONY SAYS TO TELL YOU HE HAD A BUNCH OF GOOD THINGS...MEETINGS ARE CONCLUDING AND WHEN WE KNOW IT IS A FACT THEN WE WILL COME BACK AND TELL YOU...IT COULD BE A SUPERFANTASTIC DAY...JUST STAND BY.
2-11-2014 Newshound Guru Tlar At this point in the game you can't believe the timing of any release because they have already proven that they will say anything to protect the project. The CBI has to be leary even telling the EC and FC [Economic Committee and Finance Committee]. You will wake up one day and it will have happened...the leak proved we can't count on getting any notice in a change in the currency or float or deleting the zeros. The leak caused many problems for the CBI, not the least of which was a run on the banks. So I am confident that the CBI won't make that mistake again.
2-11-2014 Intel Guru EXOGEN PER CONVERSATION WITH MULTIPLE SOURCES, CITIZENS OF IRAQ IN DIFFERENT REGIONS CAN NOT GET DINAR OUT OF BANKS OR ATM MACHINES.
2-11-2014 Intel Guru Jester INTERESTING NEWS FROM PEOPLE THAT DO NOT USUALLY HAVE ANYTHING MUCH TO SAY... LETS HOPE IT ALL PANS OUT... IT IS GOOD NEWS IF TRUE... BUT NOT CONFIRMED AT THIS POINT... I NEED A LITTLE MORE TIME TO TRY AND CONFIRM THINGS...
2-11-2014 Newshound Guru Kaperoni The Committee Member said Faleh Sari for daily "Alalam" that "the Central Bank told the House Finance Committee will follow the new theme mechanism will make a significant contribution in raising the value of Iraqi dinars before next June and will be the mechanism to raise the value of the Iraqi dinar against the US dollar." before June folks! the key is that they have implemented Open Market operations and all banks in Iraq are now on this. it just went into effect this past week. even this excites me! [post 3 of 3]
2-11-2014 Newshound Guru Kaperoni these banks now have 250m in capital so they dont need the CBI. so, the basic auctions now have changed and are now called Open Market. Last Sept when this policy was created an article came out. "the Central Bank told the House Finance Committee will follow the new theme mechanism will make a significant contribution in raising the value of Iraqi dinars before next June and will be the mechanism to raise the value of the Iraqi dinar against the US dollar." This new rule that they implemented is the mechanism! it is in effect now...banks are now acting under this new policy. It started last week. IMO this new Open Market operation is going to fix the spread issue which will allow them to raise the value. [post 2 of 3....stay tuned]
2-11-2014 Newshound Guru Kaperoni Article quote: "Central Bank announces directly funded Iraqi banks open accounts in the bank 10/2/2014 Announced the central bank directly for a large number of Iraqi banks, public and private funding of open accounts in the bank. According to a statement by the Central Bank that a large number of Iraqi banks started financing open accounts in the bank for the purposes of the foreign currency auction returned directly funded banks accounts quick response to new instructions approved by the Bank CBI recently." this is exciting stuff...the CBI wrote some new rules last year for the daily currency auctions. the actual new rules were posted back in Sept on CBI. they tell the banks they are changing the currency auction format and going to a new Open Market operations where the CBI is no longer the provider of foreign currency unless absolutely neccessary. [post 1 of 3....stay tuned]
2-10-2014 Newshound/Intel Guru BGG When it goes - we'll all get to go. I (personally) spoke directly with one of the main "architects" behind most of these "deals" and no one has been paid yet - not even him. However, lots of people have given up their Dinar for a SKR (Safe Keeping Receipt).
2-10-2014 Intel Guru DC [via Adept1] [you said it was being released one country at a time?] [Text - "Live in Germany after banks close..."] No, it’s not one country at a time. If you are referring to Germany, a lot the bank systems are set up like wedding cakes: their particular central bank gets it, and they push it down to their banks. The US has eleven different layers, so it’s much more complicated. Most countries have two layers, and so they can move quickly to the bank level. If we can confirm the deal in Germany, then it tells us it is moving worldwide. If that is true, they are getting the entire world rolled out, and that will include the US. I fully expect this process is going down.
2-10-2014 Newshound Guru Millionday so maliki stated that the amendments are done -- they are to present tuesday talk etc and wed they plan to vote...that is the issue with the budget...the kurds are very happy and part of it.
2-10-2014 Intel Guru TNT Tony IMF has signed off, and the rate is international so far as they are concerned. BIS and CBI have both signed off, and they have signatures from Maliki, Shabibi and others. Everyone is done, rate is locked in. We have three rates for the IQN and two rates for the VNN. It should have gone last night until one group said, “Let me try one more trick”, which upset everyone. They calmed down, and we hoped you would be going to the bank this morning. We thought the 800 numbers would be out by now, but this situation came out. Hopefully the numbers will come out today, and some will get in today, but the majority will go in on Wednesday. I am looking for something this afternoon. [post 2 of 2]
2-10-2014 Intel Guru TNT Tony [via Adept1] As everyone expressed to me yesterday, they spent 13 years putting this together, and it’s at a very delicate position in the last ten hours. It’s at a place where it could go either way...It’s a global situation, and we absolutely ARE involved. We do have new rates that they have negotiated. I’m not going to put those out, but I will say that there’s a real possibility that we will get a double-digit rate. There are still 800 numbers, and we could be seeing those. [post 1 of 2....stay tuned]
2-10-2014 Intel Guru Bulldog75 WE ARE CLOSE. OUT OF COUNTRY "MAY POST" PRIOR TO USA POSTINGS. WE SIMPLY WAIT FOR FURTHER INFO AND 'PROBABLE TOLL FREE #S AND EMAILS. THERE ARE SITUATIONS WITH 3 LETTER ORGS AND A CONTINUING POWER STRUGGLE WITHIN CERTAIN GOVERNMENTS. WE ARE POSITIVE AND OPTIMISTIC. WE ARE CLOSE. I TRULY BELIEVE THIS WILL MANIFEST QUICKLY.
2-10-2014 Intel Guru Bluwolf Devaluations of Argentina, Columbia, Venezuela, Brazil happened on Saturday. This movement is the first phase of these countries as they form part of the only basket of 20 that will be RI (Re-Instated) and RV (Re-Valued). Many others are in transition but please be advised that this is a very high scale maneuver of global proportion.
2-10-2014 Newshound Guru Kaperoni ...i am certain we will not see the CBI make a move until the economic/banking reform laws are passed through parliament but once they pass them, the CBI would have to act shortly thereafter. so IMO, once we see the laws pass, Iraq is saying..we are ready for investment which will force the CBI to act. the point is...the CBI cannot do nothing much longer. [post 2 of 2] [See possible "to do list" in the Dinar Guru Resource Bar on the left #7]
2-10-2014 Newshound Guru Kaperoni In the case of Iraq, the Capital Account [a Capital Account is cash flowing into Iraq for investment] will be made up of State banks, private banks, and international banks and maybe some brokers... This is important because over the last several months we are watching Iraq prepare for that investment to come in and fund the market economy... we also have said that these investors will not come into Iraq until they go to Article VIII or make the dinar convertible so these investors can get their profits out. [post 1 of 2....stay tuned]
2-10-2014 Newshound Guru Millionday [history has never seen Iraq out of chapter 7... this year is different!] and the fact that they have stated directly from cbi that they will be raising the three zeros within weeks -- two to three makes me very positive.
2-10-2014 Intel/Newshound Guru Poppy3 I EXPECT TO SEE OUR REWARDS VERY SOON. ...BETWEEN NOW AND APRIL ELECTIONS ARE SOME 70 DAYS LEFT AND I BELIEVE MALIKI NEEDS OVER HALF THIS TO GAIN BENEFIT FROM IT. IF HE DOESN'T ALLOW IT AND WAITS AND LOOSES THEN THE NEW PM WILL ACT VERY QUICKLY TO START HIS REIGN OFF WELL AND SHOW HE IS GOING TO MOVE IRAQ INTO THE WORLD AS A FINANCIAL LEADER. WE ARE IN GREAT SHAPE AND ARE VERY SHORT ON OUR WAIT NOW. [post 2of 2]
2-10-2014 Intel/Newshound Guru Poppy3 WE CAN SEE THAT VIRTUALLY EVERY MOVE THAT HAS BEEN MADE IN THE LAST MONTH HAS BEEN POSITIVE AND ALL RELATED TO THEIR FINANCE AND WE HAVE EVEN SEEN SIGNS THAT MALIKI AND ALL INVOLVED ARE POSITIONING TO MAKE THE RV HAPPEN. THE BIG QUESTION IS THE TIMING. MALIKI FOR SURE WILL NEED THE RV...HE WILL NEED IT IN TIME TO MAKE SOME DIFFERENCE FOR THE PEOPLE BEFORE HE CAN GAIN SOME FAVOR WITH THE PEOPLE OF IRAQ. [post 1 of 2....stay tuned]
2-10-2014 Intel Guru EXOGEN PER CONVERSATION, THERE WILL BE NO MORE SKR'S, NO MORE PRE "RV" PRIVATE PLACEMENT TRANSACTIONS, NO MORE PRE "RV" EXCHANGES, NO MORE LINES OF CREDIT AND LETTERS OF CREDIT ISSUED AGAINST SKR'S UNTIL THE INTERNATIONAL RATE IS RELEASED
2-10-2014 Intel Guru Okie_Oil_Man THERE ARE A GREAT DEAL OF SPECULATION ABOUT ACTIONS AND INFORMATION THAT TOMORROW [MONDAY] IS SUPPOSED TO BRING TO LIGHT---WE SHALL SEE.
2-9-2014 Newshound Guru Kaperoni This quote...clearly confirms this..."There are risks to opening the capital account before adopting a flexible exchange rate". In other words, you cannot open the door to investors (Capital Account) before you get off the peg. And if you try, everyone may pull out on you. I also think the article today from the World Bank confirms that they want the the CBI to get ready...Article: "NET and the World Bank to discuss activating the permanent development of the banking system". [post 2 of 2]
2-9-2014 Newshound Guru Kaperoni Article: "Inch: banking systems in Iraq Systems backward" Through the reconstruction of the banking system, Iraq is preparing the Capital Account. This is the key for us to see the CBI transition out of the pegged regime and into Article VIII and a float. So...before all these banks that are lining up to bring money into Iraq for investment can go forward, the CBI is going to have to get off the peg and into the float prior. What we are seeing in Iraq now is them lining up all the capital (by increasing the banking capital minimum, foreign banks opening, improving the technology and conditions, etc.) This is not going to sit idle very long. [post 1 of 2....stay tuned] [See possible "things to do" list in the Dinar Guru Resource bar on the left]
2-9-2014 Intel Guru Frank26 If they can AFFORD to lose 18 trillion by the end of this month then I can only imagine the value of this budget. For them to take such a monthly loss to me says that the 2014 budget has a new rate worth fighting for.
2-9-2014 Intel Guru Dinar Wishes Sources are very positive still about movement being a possibility… My thoughts are they need to get this done as we have passed the debt ceiling and need to make good on our commitments. Too much at stake to keep posturing for political gain… Lots of things in motion as we speak and we need to keep in mind how big this really is. I don’t want to talk in too many specifics, but I’m really optimistic.
2-9-2014 Newshound Guru Millionday Article Quotes: "announced the Finance Committee in the House of Representatives on Saturday, said the government had formed a committee of three ministries to resolve the "crisis" was delayed adoption of the budget" "The agenda for the meeting next Tuesday will be free of the budget law, due to the continuing differences between the national and Kurdish coalitions that have not yet been resolved" this is fab news...the committee is going to resolve and tuesday is for other issues and vote on budget is wed now...all economic resolves are being dated as we have seen to the first of jan 2014 -- very exciting.
2-9-2014 Intel Guru Dinar Wishes I have heard some great news that things have been progressing in a forward motion.. Its possible we could have some better news next week... Not saying its a sure thing just nice to get good news.
2-9-2014 Newshound Guru Doc [Is the FOREX showing the RV rate?] NO! Also, there are no back screens or executive screens showing it either. [Overall what is your opinion as to adding to this investment?] Our opinion is to hold with what you currently have. We would not buy any additional. There is real risk this may not happen or take many more years. The rebels taking over cities is a prime example. If civil war breaks out the dinar will nose dive again. We must continue to weigh the risk in our decisions to invest. We continue to believe the risk is worth the potential reward at this point but encourage all to view this a a longer term investment. We report, you decide
2-9-2014 Newshound Guru Kaperoni Article: "Lacey criticized the Central Bank's decision to exclude banks from the auction currency only on condition that put their money in the Bank" I'm just speculating a bit but what I see here is the CBI is allowing banks on their own to buy up currency (dinars?) but as a condition they must keep it in the banks and not let it back out into circulation. This would seem to imply the CBI may be collecting dinar or trying to minimize the amount on the street. This guy appears to be saying, the banks just can’t pile it up and send it back to the CBI, we need it in the economy. It may be a sign of something to come.
2-8-2014 *** Dinar Guru Breaking Update *** Lot's of confusing and conflicting information flying around dinar land...Gurus have posted at lease 50,000 people have exchanged over the last weeks, including church groups...in addition call centers manned (NOT one of these people--exchangers, call center personnel or banking person--have come forward to share their tale yet)...we also have a US congressman announcing to stay clear of the dinar AND we have a guru claiming to have thrown in the towel--having exchanged his dinar at the current CBI rate. On yet another front...positive AND negative posts coming out of Iraq...civil war? International dinar? Budget and HCL passing soon? I have not seen this much chaos in a long long time...Remember we're looking for consensus from multiple guru camps...at the moment it's all over the place. Stay tuned as the smoke clears to see where the gurus stand...
2-8-2014 Intel Guru SteveI Something else that amazes me about this is that even after these large stock purchases…the share prices and the values on the ISX barely move. It’s almost like they are waiting on something before they will release the real values. The news has been so good and the the future results of Iraq achieving their goal is one of a life time. [post 3 of 3]
2-8-2014 Intel Guru SteveI I wanted to confirm some REAL activity that is taking place on the ISX that is new. Starting on February 2nd, we started seeing some International Cross Transactions taking place. These were foreign investors buying shares on the ISX through local Iraqi brokers. All of these trades were done after hours instead of during normal trading times. My personal opinion about all of this is that big players are jumping in now by buying shares on the ISX as a way to take advantage of the very cheap stock price and the currency change that is coming. [post 2 of 3....stay tuned]
2-8-2014 Intel Guru SteveI The only thing Ray and I can say is that there is a lot of confusing and conflicting information regarding this investment. We do both have many sources that are saying the same thing regarding the progress. There was a recent video regarding a new gold discovery south of Baghdad and it was one of the largest in the world. In a very short summary, yes they can revalue their currency and support it. [post 1 of 3....stay tuned]
2-8-2014 Newshound Guru Millionday The CBI identified earlier in the beginning of this year will see the implementation of the project to delete the three zeroes from the national currency, but the Iraqi government has demanded the bank to wait to apply the project, fearing the emergence of counterfeit currency during the switching process. [Seems like we read these articles before?] dated today...know that we will see these reports as they are announcements this time to the citizens and are talking in timeline of the next few weeks - have never seen that before. [post 2 of 2]
2-8-2014 Newshound Guru Millionday Article: "The Finance Committee has confirmed that 2014 will see the deletion of zeros from the Iraqi currency, are described: The delete will be in coordination with the Central Bank. This project will lead to reducing the proportion of the national currency in circulation from four billion to one billion." know that the release of the three zero currency is in country and of course what is held in anyone else's hands. The value will be reduced to the size of the quarter and this will enhance the value and easy to transport, pointing out that fraud or manipulation of currency cash, it will be very difficult. [post 1 of 2....stay tuned]
2-8-2014 Intel Guru DC The Sunday [TV] shows are all the political shows, like Meet the Press and such. All five have this story and now everybody is getting on board. Some are trying to get people from the opposing side, but everyone is being briefed for the Sunday shows, getting ready to spin it up. Pay attention to what they say and how they say it, if this is not released by Sunday. [post 3 of 3]
2-8-2014 Intel Guru DC All the banks are cued up. There are three rates...3.43, 3.71/3.77 and 4.02...and we don’t know which are going forward. Those are the international rates we planned for a long time ago. [Will those who cashed at $32, are they going to have to pay it back?] Yes, they will have to pay it back or they will be smacked six ways to Sundays by some very powerful people. [post 2 of 3....stay tuned]
2-8-2014 Intel Guru DC [via Adpet1 2-7-14] The UN and the IMF is supporting the Iraq plan. Different groups were trying to push out the contract rate but they were unsuccessful. Now the delaying people are ever so surprised that Iraq is pushing this out and now they are trying to see how they can get higher rates for US citizens with less restrictive NDAs or no NDAs to appease all of us common folks who did not cash out at the entitled rates. [post 1 of 3....stay tuned]
2-8-2014 Intel Guru TNT Tony It was out of Iraq’s hands until yesterday, when everyone gave up on the US Treasury. The IMF finally said “enough’s enough; we’re pushing this out”. The rate is at the banks, on the screens...but they are not the rates we wanted. There are no contract rates because the IMF had to do this. [Can we expect the dinar, dong, rupiah and zim to all go at the same time?] We’re not sure about the zim, because some are saying they are not Basel III compliant. But the others will all be released, and the dong will be .71 to $1. [post 2 of 2]
2-8-2014 Intel Guru TNT Tony [via Adept1 2-7-14] The rest of the world has given up on the UST pushing this out and are now helping Iraq push this out at the international rates. Three different screens are showing 3.43, 3.71/3.77 and 4.02. Those are the international rates we planned for a long time ago. Timeline? People are working on that right now, and the window is any time between now and Sunday. We have been told this by extremely high folks... [post 1 of 2....stay tuned]
2-8-2014 Newshound Guru Doc [What about all the talk of thousands of people cashing out?] It is simply that - talk...as a group we hold hundreds of millions of dinar and are in touch with every major bank and brokerage firm. If these cash outs were happening we would have been contacted. Also inside sources in these institutions say the same thing that the published reports of cash outs are simply sales gimmicks. [Any truth to the tiered cash out?] (see response to last question).
2-8-2014 Intel/Newshound Guru Poppy3 THEN, I HAD A CALL VERIFING THIS SAME INFORMATION. I PERSONALLY HAVE NO SOURCE OF THE ORIGINATION OF THIS INFORMATION BUT IT SOUNDS VERY PROMISSING IF TRUE AND IS IN LINE WITH ALL THE OTHER FINANCIAL PREPARATIONS THAT IS BEING MADE. BE YOUR OWN JUDGE OF THE INFO. [post 2 of 2]
2-8-2014 Intel/Newshound Guru Poppy3 WANTED TO...SHARE SOME NEWS I RECEIVED ...AND WAS CORROBORATED AGAIN...FROM ANOTHER SOURCE. NO GUARANTEE'S OF HOW MEANINGFUL IT IS ON TIMING BUT TO ME IT SOUNDS VERY PROMISING AND HAVEN'T HEARD THIS TYPE INFORMATION FOR SOME TIME NOW. ...HE TOLD ME HE HAD FIRST HAND INFORMATION THAT SMALL DENOMS WERE AGAIN BEING RE-DISTRIBUTED TO THE BANKS IN IRAQ. HE SAID THIS, ACCORDING TO HIS SOURCES, IS THE THIRD TIME THEY HAVE BEEN DISTRIBUTED AND EACH TIME BEFORE HAD BEEN RECALLED TWICE. HE STATED THEY WENT OUT ALL THIS WEEK AND AS FAR AS HE KNOWS HAVE NOW ALL BEEN DELIVERED. [post 1 of 2....stay tuned]
2-8-2014 Intel Guru Okie_Oil_Man OUR INFORMATION FOR SO LONG NOW ADDRESSING THE DATE, ALWAYS BEING WRONG, HOPEFULLY WILL BE RIGHT THIS TIME. THERE SEEMS TO BE A CONFLUENCE OF OPINION AS TO THE RATES BUT LOGICALLY IT WOULD NATURALLY FOLLOW TO BE COMPETITIVE WITH SURROUNDING COUNTRIES THAT AN INTERNATIONAL RATE AROUND THE 4 DOLLAR AREA WOULD BE A LOGICAL ASSUMPTION. [post 2 of 2]
2-8-2014 Intel Guru Okie_Oil_Man WITH THE GRAVY TRAIN APPARENTLY BEING "CUMIN ROUND THE BEND" I DIDN'T WANT TO MISS A CHANCE TO CATCH A RIDE. FROM LeGARDE TO THE IMF, UST, BANKS AND SOME PRESSURED POLITICIANS MAYBE JUST MAYBE THIS UNPREDICTABLE, INTOLERABLE WAITING MAY BE OVER. THE CHINESE WANTS THIS DONE BEFORE THE 8TH, FOREIGN COUNTRIES PUSHING THE IMF FOR ACTIVATION REGARDLESS OF THE USA'S POSITION, POLITICIANS RESIGNING, BANKERS BEING ARRESTED AND WORSE, IT SEEMS THERE'S A REAL HEAD OF STEAM ON THIS "OLE TRAIN". [post 1 of 2....stay tuned]
2-8-2014 Intel Guru Jester LOTS OF RUMORS OUT THERE... MAY THINK WE ARE GETTING CLOSE... I STILL HAVE CONFLICTING STORIES I AM TRYING TO RESOLVE... I HEARD DEADLINES OF LAST SUNDAY...THEN TUESDAY... THEN THURSDAY... NONE OF WHICH HAPPENED OBVIOUSLY... AND WE ARE HEARING THAT THIS WEEKEND IS A HIGH ALERT... BUT ON THE OTHER HAND IN JUNE... IT IS ALL OVER THE PLACE...IF YOU HAVE BEEN FOLLOWING ME AT ALL FOR THE PAST FEW MONTHS YOU WILL KNOW THAT I PREDICTED THE GROUP CASH OUTS IN ADVANCE OF THE RESET...
2-7-2014 Intel Guru SteveI Here is the million dollar question, when will this happen? This month? –> Very good chance. This quarter –> Great chance. Second Quarter of this year? –> Awesome chance. This year –> Absolutely beyond any reasonable doubt.
2-7-2014 Newshound/Intel Guru Eagle1 [via Bailey2] The IMF will try EVERY NIGHT going forward to make this come out. E1 just said tonight via text that the Chinese are saying Feb.8th.
2-7-2014 Newshound Guru Doc [Has does the GCR impact the dinar?] First, the GCR is high speculative at this point and we believe if and when that ever happens it is years away. We have seen public reports in the US arguing it needs to happen but until all countries involved agreed to a asset backed system we simply don't see it happening any time soon. Iraq, we believe, is independent of this event. Iraq has immediate needs it needs to address and when everything is addressed the CBI will pull the trigger and not before than. We report, you decide
2-7-2014 Newshound/Intel Guru Dinar Daddy No rate… No date… Only confidence the country of Iraq will one day officially rise from the ashes and become one of the wealthiest countries in the world, leading us into a new millennium. I expect the exact way it will all be done will not be as many have explained it. We will, in my opinion, be lead through various hoops and challenges to get to that point (i.e. re-denomination, currency exchanges, timelines, etc.), but I believe it will make it there eventually. This is speculative, yet logical, and hopefully true! Fast, instantaneous, massive revalue… or a slow grow… either way Iraq won’t be ignored, and is coming on to the world stage. [post 3 of 3]
2-7-2014 Newshound/Intel Guru Dinar Daddy If you think the official currency of Iraq is a scam, think again. The only ones scamming anyone are those who lie to get gain from others during the WAIT for something better than what the Dinar values offers at present, which happens to be 1,162 IQD for every $1 US Dollar. The reality is that the Dinar (IQD) isn’t going anywhere because it’s the official currency of a real country! Whether those in control of currency values in the world and over Iraq choose to increase the value of the I QD immediately (revaluation) or slowly (still a revaluation) isn’t the point...What IS important is there is a way to make it all happen, even in the ways speculators have aggressively stated. [post 2 of 3....stay tuned]
2-7-2014 Newshound/Intel Guru Dinar Daddy I’ve been following the growth and rebuilding of Iraq for many years now. So many have bashed the Iraqi Dinar, not knowing WHY so many believe it will increase in value one day. Some have said it will provide an increase in the realm of 1000%+ return, others have said it will increase gradually, maybe by 20-40%, and continue to grow over time as Iraq’s economy develops a base through oil exports and other industries that will ultimately justify the currency’s value. [post 1 of 3....stay tuned]
2-6-2014 Intel Guru Dinar Wishes [Does anyone think all of the unrest goin’ on in Iraq is going to affect the release? I mean, half of the cities over there have fighting goin’ on or are bein’ held by rebels?] NOPE, that’s every day. It’s a way of life for them. [how much longer can they keep stallin’ this thing?] It’s not them… it’s not Maliki and it’s not anyone in the Middle East. It’s all over here...Something needed to happen...over 2 years ago; somehow it just keeps getting prolonged.
2-6-2014 Newshound Guru Doc [What is going on with reports of some supposedly in-the-know persons getting out of the investment all together due to them saying basically its a bad investment?] First, we do not agree with it being a scam or bad investment. We report our opinions based only when private and public sources agree...we do not agree with the its going to happen at any second rumors. We also do not agree with its time to fold the tents rumors. As we've reported repeatedly there is still much work Iraq needs to do to get in place the infrastructure laws to support currency reform long term. We simply do not see it happening until those laws are in place and functioning. We report, you decide [See the "possible things to do" list in the Dinar Guru Resource Bar on the left]
2-6-2014 Newshound Guru Adam Montana [A recent article by CBI states bank restructuring is to be completed by end of 2014. Is this an indication that we are in for another long wait?] There are a million indications that we will wait and a million others that say it will happen soon. I try not to read into every tiny detail, but instead stay focused on the big picture.
2-6-2014 Newshound Guru Doc [How close are we to getting passage of the laws needed to support currency reform like HCl?] Unfortunately the short answer is no one knows for sure. However, there is much in the news about movement toward that end which is extremely encouraging. We are hopeful that the upcoming elections will put a fire under the politicians to get this done. With the elections sceduled in April we can only keep our fingers crossed. We report, you decide
2-6-2014 Intel Guru TNT Tony Call centers are staffed; cash-out centers are on high alert across the country. Security is on high alert. The UST says that they are waiting on the IMF; the IMF says that they did tell them to do it, and the UST is refusing. There is disinformation about all the different rates. But if it comes out at 3.71 and the dong at .71, and we know that others exchanged at $32, then we will not let it rest there. Hopefully Maliki does make the announcement today, and hopefully it will be what we want to hear and we can start exchanging. I’m looking forward to this being done today. [post 2 of 2]
2-6-2014 Intel Guru TNT Tony [via Adpet1] Maliki called different countries yesterday and said he is going to call the revaluation today or tomorrow. He is scheduled to make these announcements today and tomorrow on Iraqi television. We don’t know for sure that he will do that. Today, though, he is supposedly calling all the prime ministers and presidents, and many countries are telling the US that they’ve had enough and they are willing to do this now. [post 1 of 2....stay tuned]
2-6-2014 Newshound Guru Adam Montana Welcome to another edition of "This Week In Dinar", which will hopefully be one of the last of it's kind. Why do I say that today? Well, take a minute to look at the most recent news. Progress in the HCL. A push to resolve the Budget. Iraq is fortifying their oil reserves, plan to increase the dinar, and the ISX is moving towards an international platform! Anyone that doesn't see value here is either a huge pessimist or just extremely sour about something in their life...that's not me, though, and I am excited!
2-6-2014 Newshound Guru Doc [Is there any hint of the RV in the 2014 budget?] The short answer is no despite those that keep claiming so. We have reviewed the budget in its entirety (the one currently in the news) and it states revenue in the trillions of dinar just like last year. Also if you take the assumed oil production and $/barrel you have to use the current program rate of 1166 to get their calculated revenue. So again, the budget does not reflect a $3.44 RV rate or any other rate other than the current program rate of 1166. We report, you decide
2-6-2014 Intel Guru Freeway Bill The thought that thousands of people are now holding REAL MONEY from this RV is just not true. You honestly believe that Senators and Congressmen and the VIPs have cashed out their dinar, been paid and are double dipping by buying more dinar? Seriously? We have to deal with misinformation every single day. They had to do that when Kuwait and China revalued. They were told that corruption would keep their money from them too.
2-6-2014 Newshound Guru Millionday this morning they announced that the London stock market and the isx are hooked now... i see this as a pre-curser --- they have to have the market out there in other words to create value and show dominance or at least confidence in Iraq...so this is of course one of the great steps --- actually huge step.
2-6-2014 Newshound Guru Tlar For instance, a budgeted program or project that is earmarked to get 1 million dinars at 1.16, value is earmarked to receive 860,000 USD equivalence in dinars. If the currency is still at 1166 per dollar, that project will still get the same1 million dinars, but the USD equivalency would be 860 dollars instead of the budgeted 860,000 USD. They can't open the budget written at 1.16, if the currency is at 1166. The currency must match the budget. This why I've been saying for 2 months watch the budget. I think it is the key to our investment. If the budget is written at 1.16 as told to us by the guys who wrote the budget, I believe we will see an .86 dinar, or the budget cannot be opened when it is passed. (post 2 of 2)
2-6-2014 Newshound Guru Tlar The CBI announced that the new dinar and the old dinar will both be circulating in Iraq for two years after the change. The CBI told us numerous times what will change is the nominal value which is defined as the exchange rate. The FC [Finance Committee] told us that they will delete the LEADING zeros. LEADING zeros are not found on the currency, they are only found on the exchange rate. The FC in three articles told us they wrote the 2014, and estimated the 2015 and 2016 budgets based on 1.16 dinars equal one US Dollar. Doing the math that's 86 cents per each dinar or deleting the zeros. If this is truth then they can't open the 2014 budget without changing the value of a dinar to 86 cents. (post 1 of 2....stay tuned)
2-5-2014 Intel Guru Frank26 please notice this quote in the first paragraph of the SUPER article "thanks to the new monetary policy pursued by the central bank...." Do you notice the importance, IMO, of this statement? ...it is saying that the CBI HAS changed their monetary policy!!! It states: "NEW monetary policy...pursued by the central bank." This is past tense!!! They have already made changes!!! We are definitely in a WAIT mode for the change in the rate of the IQD.
2-5-2014 Intel/Newshound Guru Poppy3 MY RESPONSE TO OLD TD'S RETIREMENT AND SELLING HIS DINAR---- ...AS FAR AS I AM CONCERNED NOT ONE THING HAS CHANGED EXCEPT WE ARE CLOSER TO WHAT I ORIGINALLY THOUGHT WOULD HAPPEN THAN WE WERE WHEN I BOUGHT MY FIRST MILLION. ME AND ALL MY RICH FRIENDS WILL BE CELEBRATING AND EATING BBQ IN SHORT TIME... [See Guru TD's post on 2-4-2014]
2-5-2014 Intel Guru Stage2Omega IF ALL GOES AS PLANNED THE GENERAL PUBLIC SHOULD EXCHANGE WITHIN THE NEXT 24-48 HOURS AND THIS IS TIED DIRECTLY TO IRAQ GOING INTERNATIONAL & IT IS NOT TIED TO THE PRIVATE PLACEMENT CONTRACT & AGREEMENT OF THE UNITED STATES WITH THE IRAQI DINAR CURRENCY.
2-5-2014 Intel Guru TNT Tony Rates of 3.77 are showing on the executive forex boards. We have four confirmations that they are live and just a matter of time before they come out. Why are they showing up there and why lower than what we heard they were going to be? The answer is because the administration isn't doing it. That is something Iraq is doing on their own. If Iraq pushes out their rate internationally, we will be able to exchange at that rate but we will not get the contract rates. So, we would prefer for this to be released in the US now. [Have you gotten any rates on the dong?] Yes, as of the a.m. $.71. I am looking for this to happen this week, the question is, is our country gonna do the right thing with the contract rate to us.
2-5-2014 Intel Guru Frank26 [I noticed that the CBI auctions have gone down in the last week and the amount of participating banks have dropped. I don't know if this is of any great significance?] It's hard to tell because they are constantly working on the CBI website especially the official side...Arabic. So is there any significance? IMO.....yes. But, I will be esctatic when they drop the auctions. [post 2 of 2]
2-5-2014 Intel Guru Frank26 [Do you think the holiday this Sunday in Kurdistan, could this be the 3 day weekend S has been looking for?] Yes, But IMO they would not talk with this FREEDOM If all systems were NOT ready. Let just say it is a fantastic opportunity to take advantage of. [Do you know if Delta has heard any more from his contacts at the CBI and the Ministry of Finance? I know his guy had mentioned September last year...] Yes he does. Indeed they were anticipating last year but their excitement about NOW is more evident. [post 1 of 2....stay tuned]
2-5-2014 Newshound Guru Millionday [So even if they go with the London exchange, dont they still have to have a reality rate?] yes, they need reality rate. [so what I am seeing is they are moving the date of the ISX interchange up?] yes it appears that they are moving the date up for us as if we had a date but some think we did -- however -- this makes us very close -- the stock market includes reality rate of the dinar. [post 2 of 2]
2-5-2014 Newshound Guru Millionday Article quote: "The office was opened about a month ago in the Land of central Baghdad, and began working formally Currently, a first of its kind in Iraq..." they are opening the trade of all stocks and currency as with all stock exchange and with this office it is for the exchange to promote the economy and move forward with the reform...they are preparing to go global through this opening of the baghdad building for exchange - so there is a new announcement...on cbi. Islamic banking which is what cbi is under as we know has received their credit rating -- it is AAA. I hope everyone realizes how great that was -- it is the opening of the door for us and is huge... [post 1 of 2....stay tuned]
2-5-2014 Newshound/Intel Guru BGG Quote: "The dinar is not traded on any legitimate foreign exchange and is worth a fraction of a dollar." Of course not - if it were, it would be known as an "internationally recognized" currency. Quote: "A federal grand jury last money indicted three men from the Toledo, Ohio, area for their roles in the operation of a $23 million fraud scheme involving the sale of Iraqi dinar currency and two nonexistent hedge funds." The 23 million fraud scheme had little to do with the validity of the Iraqi Dinar (as a currency) and more to do with a "ponzi scheme" parading around like a "hedge fund". Quote: "Investors lost about $23.8 million from dinar sales, according to the indictment." ...if they bought currency (??) and still have the currency, they haven't (technically) lost - yet. It is a currency. IT'S M-O-N-E-Y... [post 2 of 2]
2-5-2014 Newshound/Intel Guru BGG Article: "Congressman Bennie Thompson: Don't buy Iraqi currency" Quote: "U.S. Rep. Bennie Thompson is warning Mississippians against the purchase or exchange of Iraqi dinars:" Why would he warn anyone against "exchanging Iraqi Dinars"? The truth is, he has received numerous complaints in his office, but they are all "claiming" he and the bankers have "cashed out"...and "claiming" - THIS IS UNFAIR!! IMHO - There are NO complaints to his office "claiming" inability to "exchange" - there are numerous places to exchange DINARS. They are complaining about their investment having not "paid off" soon enough. [post 1 of 2....stay tuned]
2-5-2014 Newshound Guru Millionday Article quote: "Hussein al-Tamimi Tgb - Farah...called for increased claims develop modern mechanisms for the development of the banking system in Iraq to become an active role in supporting the Iraqi economy...most prominent of these recommendations and the establishment of a bank for economic development and give a greater role to the private sector and facilitate the issue of guarantees and reviewing map the spread of the banks in the provinces." this is the bank we were to look for when the economic development was ready -- it is the economic development bank...the time is now to move forward with the development of the modern banking and economic reality...we see they are finally putting the economic development bank in use and this is huge in progress.
2-5-2014 Newshound/Intel Guru BGG I personally think Maliki has international support for a change in the value of the IQD - which I doubt he (personally) has had up until recently. Shabibi had it...now that we are at this stage I believe he has it (for a smaller number)...I don't think he has had such "universal" - (Iran, US, EU, etc,etc...) support in the past.
2-5-2014 Intel Guru BWM * NO expectations for this week…* there are things (still) that need to be accomplished before this will come to fruition… and no, it’s not some bank meeting or some meeting at the UST.
2-4-2014 Intel/Newshound Guru Poppy3 THE NEWS IS ALL FINANCIAL AND GOOD PROGRESS. I AM HEARING THAT THE THE MILITARY ACTIONS TO REGAIN SECURITY CONTROL WILL HELP ALL THE EFFORTS TO RV. ...IT IS...SOUNDING LIKE THEY ARE GETTING POSITIONED FOR MORE BANKING PROGRESS. I AM TELLING ALL OF YOU AGAIN NO ONE HAS CASHED OUT PERIOD.
2-4-2014 Newshound Guru tlm724 Article: "Economic Parliament: Read the budget within five days 4/2/2014" they are working out the details...the most prominent problems that hampered represented by the export of oil and the benefits of oil companies operating in the region. the next session for parliament is Tuesday the 11th, we will see if they can work out some of the details but remember these things take time.
2-4-2014 Intel Guru Bluwolf Be advised that all are scrambling to get this pushed forward as soon as possible...the global reset is about to be officially expose through all the media. ...the good word is that they are scrambling for it to be out asap Like tonight.
2-4-2014 Intel Guru TD Well friends yesterday I cashed out 95% of my dinar holdings. Over a week ago I received some troubling rumors from the sandbox that there were serious discussions coming to a unanimous consensus of Iraq's intentions to only do a C/E IN HOUSE (i.e. inside Iraq only) . Of course I'm sure you'll cry fowl but among points of discussion was the simple fact of 30-40 Trillion dinars outside of Iraq and the impossibility of simple arithmetic. In addition, I was told that the dinar we hold was never LEGALLY SANCTIONED (BY IRAQ) to be sold outside of Iraq. We all know it is not traded internationally. I'd also urge you to read ...statements from the IMF, etc.
2-4-2014 Newshound/Intel Guru BGG Article quotes: "Baghdad - Announced in the capital, Baghdad, on Tuesday, announced the opening of its first office of the Stock Exchange world in Baghdad, the first of its kind in the history of Iraq." “international exchange licensed by the Iraqi government and linked to the Stock Exchange of London Global." “The opening of such a financial institution is a step to improve the value of the Iraqi dinar and the national economy through the size of the exchange and the entry and exit of foreign currency,” This – along with the political “disinterest” by Maliki’s own party – is MASSIVE.
2-4-2014 Intel Guru TNT Tony The currency is going to go international. To NOT do the GCR is going to destroy multiple countries. They are not going to be allowed to destroy those other countries because the US banks and administration are greedy. They need to give us options. They will have to give us 3.44 at least. Iraq has to go international. China is pressing the US to release it tonight because of the bond issues. I hope that we...can have our exchange and get on with our lives. [post 3 of 3]
2-4-2014 Intel Guru TNT Tony They have been processing church groups. One church group was sent all the way to Florida, they had them sign NDAs and then paid them 32 cents per dinar...church organizations who are being taken advantage of... All I keep hearing is that they don’t want us to have the $32 rate they gave to their friends and family and we will just get the crumbs. This kept growing and growing, and now they are trying to find a way to shut us out, or at least so that we cannot get more than the international rate. [post 2 of 3....stay tuned]
2-4-2014 Intel Guru TNT Tony [via Adept1] call centers are in, exchange centers are expected to be in this evening. There is a time this afternoon when the system is making an adjustment. If it happens, it will be superfantastic. We are all hoping that it happens. We’re ready, the banks are ready, the Tier 2 banks are ready. There is no reason for this NOT to happen unless somebody is preventing it from happening. In Iraq they are announcing they will be international this week...by Friday. [post 1 of 3....stay tuned]
2-4-2014 Intel Guru Mnt Goat They have released the rates to the banks and they are active rates. They are not going to release the rest of the process to roll this out to the general public until ...the high contract rates are all expended...or such political pressure is put on this corruption that they are forced to finally release some of the contract rates to the general public (and not just a selected few groups)... [post 2 of 2]
2-4-2014 Intel Guru Mnt Goat Many have asked so many times what is holding up this RV process up? I am reading some...posts showing that some intel providers are still chasing the same old budget and GOI issues as the hold up. I tell you Iraq is ready and have been for over 6 months now. They await this announcement like all of us. By now most of us know what is holding it up. It is the UST...the UST totally controls the process. They own the software and control it. It can only proceed if they complete running the software process downstream that rolls out all the needed files and rates to the global exchanges, as needed for this to go fully public. There is no other way. [post 1 of 2....stay tuned]
2-4-2014 Newshound/Intel Guru Bluedog It seems that we are sitting in the last moments watching...IMO we should not care when the Parliament comes back and that its real strange that they passed the Pension Law today without reading the Budget...for the first reading...but who cares... that's not our goal... our goal is the international rate...we know that has to come first. the Budget will come out soon enough to get these things done. sure is a lot of side table meetings going on...this is a complex move for this Rich Nation....I think, IMO, we are Golden.
2-4-2014 Intel Guru Okie_Oil_Man TODAY WILL BE A DAY OF REVELATION TO MOST DINARIANS. TODAY YOU WILL HEAR AND KNOW THE TRUTH OF THE CORRUPTION, MANIPULATION AND DOWN RIGHT ILLEGALITY TRANSPIRING. TODAY SHOULD GIVE US NEW PERSPECTIVES AND A NEW DIRECTION TO FOLLOW. UNTIL NOW WE(ALL OF US) HAVE BEEN PURPOSEFULLY FURNISHED INFORMATION THAT WAS FOR THE EXCLUSIVE BENEFIT OF FINANCIAL INSTITUTIONS AND BANKS. TODAY THE TRUTH WILL BE EVIDENT. KEEP YOUR EARS AND EYES OPEN TO WHAT HAS BEEN HAPPENING THAT WAS EXPOSED TO ME THIS MORNING. I WILL BE AT LIBERTY SOON I HOPE FOR THE EXPOSE' OF THE ACTIONS OF A FEW THAT WILL AFFECT US ALL.
2-4-2014 Newshound Guru Tlar Article: "Washington warns Barzani of the Kurdistan Declaration of Independence" Personal speculation - Never happen. Barzani is using this for muscle in his negotiations with Bagdad over the budget. He is a realist and knows that war would surely pursue immediately...Barzani would never take that chance. Kurdistan and Bagdad are attached at the hip both now and in the future. Kurdistan and Bagdad will work this out soon and I think the budget is the key. As long as Kurdistan gets what they think is their fair share they will be satisfied until the next problem. I see this as a card being played to force the hand Maliki's government to come to terms on the budget and they are, IMO.
2-4-2014 Newshound Guru Millionday We see that the retirement law is done...Published in the official gazette and implemented this law from the date of 01.01.2014. They published it to begin the beginning of the fiscal year as they are claiming that all is to be with the calendar year as well. They will get back pay and begin with the calendar year -- wow hope that is the budget as well -- they said they have plenty of time with it being five days -- makes you wonder what is at the end of that time -- very interesting timeline they are stating. Najafi had a closed door meeting and they postponed the budget yesterday to give five days for all to work out disagreements etc -- so in five days it will be back on table.
2-4-2014 Intel Guru Jester A LOT GOING ON...MOST OF IT REALLY GOOD...THERE IS A LOT OF INFORMATION TRACKING ALL OVER... AND SOME OF THE PEOPLE THAT ARE USUALLY NOT THAT EXCITED ARE SORT OF WAVERING ON THEIR STANDARD ANSWERS... SOMETHING IS GOING ON... NOT SURE HOW CLOSE IT IS YET... BUT SOME OF THE RUMBLINGS ARE THAT WE ARE JUST AROUND THE CORNER.
2-3-2014 Newshound Guru Tlar Article: "Increase the budget 7 trillion dinars" This is to appease the provinces in order to get the budget approved. I think Maliki actually wants this budget to get passed and I think he is negotiating hard to get it done. He can't go into the elections with all these problems unresolved because if this remains still up in the air until then, he will do anything necessary to stall or postpone the elections. In other words he can't run on his record as it stands. He still hopes for a miracle in his attempt at a third term and he sees the budget as a way to gain favor with every one. He will never acknowledge he is fighting an uphill battle but he is truly starting from the bottom of the hill and is carrying a huge anchor.
2-3-2014 Newshound Guru Millionday as we know they are preparing to bring the iraqi banking to the world - one step at a time so what we will see is them getting their country international first but know they will have banking around the world too. the private banks that want to be included on the market have issued their paperwork. [See the "possible things to do list" in the Dinar Guru Resource Bar on the left #10]
2-3-2014 Intel Guru TNT Tony The rates haven't changed. Iraq was supposed to make an announcement that they are international today but have not verified this. We were expecting it like Tier 2 & 3 banks, but the rates were not released to them even though since Thursday night they were told it would happen. Someone here is still holding it up. I know a minimum 25k people were exchanged yesterday in private placements. The time frame is good, rates are good, all we can do is wait. Could this happen today? Today is not over...we are hearing this could be a good day. [post 2 of 2]
2-3-2014 Intel Guru TNT Tony Over the weekend we heard good things were happening, promises were made. Many politicians were upset this morning because they were promised that this problem would go away over the weekend. They get lied to just like we do, and they are absolutely upset about it. Tier 2 and 3 banks were told the rates would go live, so they have been lied to as well. [post 1 of 2....stay tuned]
2-4-2014 Newshound/Intel Guru BGG I almost hate to say this...for all the reasons - Pro and Con...but I was thinking and talking to some folks. it would not surprise me for Maliki to hold this thing until late in this current election cycle and "pull the trigger" very close to the elections to try and stir up some controversy and take credit right before the elections - not allowing his opposition any time to counter.
2-4-2014 Newshound Guru Millionday [That article...about the WTO training they are doing in March. Is that training because they will have been accepted into the WTO or preparing them to enter?] they said they are planning on being active members this month -- they said next last month so we shall see if they get it all done for that to happen but they are rolling so it looks good with the market and the need of the globe as well.
2-3-2014 Newshound Guru Tlar Article: "Plan to Convert Iraqi Districts into Provinces Widely Opposed" Maliki is doing everything possible to screw up the coming elections. It will be to no avail because he still does not having the backing to get a third term. This is a blatant move to attempt to stack the odds in his favor. It won't work.
2-3-2014 Intel Guru BWM I said last week it didn’t look good for it happening...and no, I don’t believe it will happen tomorrow either until I hear that things that I was told that need to be completed are done.
2-3-2014 Intel Guru TerryK IT WAS ALL TO GO DOWN SUNDAY NIGHT...BUT AGAIN NOTHING. [do you expect it today or tomorrow?] RUMOR TUESDAY NIGHT.
2-3-2014 Newshound/Intel Guru BGG Article: "35 trillion dinars in circulation" HUGE ARTICLE!! Looks like to me, they are looking to reduce the amount of currency in circulation. This says good things for us in the future. Once you get past the “timing issue” – there is no way they are lining up for a LOP.
2-2-2014 Newshound Guru Millionday [since they need a reality rate to get into the WTO and the workshop is set up for march is there a good chance of an RV before march?] in order to take part in trade with the organization wto -- they have to have a reality rate to make it competitive by international compliance. [with all the progress, what do you see as the key to RV?] the acceptance of all they want listed on the isx -- and i have always believed that an event this large has a set date. i have been looking for clues of what that date is and it seems that they are in a huge hurry at this point. the one thing that excited me -- well i should say just one of the things is that Najafi held a closed door meeting with parliament yesterday and included all leaders etc. and resolved as they reported the budget. [the stated reason for the meeting was specifically the budget?] yes.
2-2-2014 Intel Guru Delta URGENT FROM IRAQIA TV: FINANCE COMMITTEE CALLS THE GOV TO FORCE INVESTMENT COMPANIES TO TRADE IN IQD. (What does that mean?) THE ONLY WAY FOR THOSE COMPANIES TO USE DINAR IT HAS TO BE TRADABLE. MORE VALUE RV...YOU CAN SAY ARTICLE 8.
2-2-2014 Intel Guru SteveI [do your sources think Maliki is holding things up?] It is not any one person but rather many groups that can not agree on anything. I am still looking a maybe the first quarter of this year or perhaps mid summer at the latest.
2-2-2014 Newshound Guru Kaperoni ...We know based on the auction results that in fact, just the opposite is occurring...that the CBI cannot maintain the desired 2% spread and in fact the dinar is getting weaker. And the suggestion of selling gold or bonds for monetary policy supports that information. Back in 2012, an article or two came out that Shabibi removed 12 trillion dinar through the auctions over a 3 month period...much of which I am sure went back...for salaries, etc. [post 2 of 2]
2-2-2014 Newshound Guru Kaperoni Article: "35 trillion dinars, the volume of cash in circulation" ...the very principles of the currency auction tell us that dinar has to remain in circulation until they begin the transition. Remember that the Auctions primary purpose (and the CBI's) is monetary stability. That is achieved by a balance of currency dinar to dollar. If one or the other depletes, it creates demand for that currency. Therefore, if the dinar was being significantly removed, a substantial amount of pressure would be on the dinar value to rise in the market. [post 1 of 2....stay tuned]
2-2-2014 Newshound Guru Tlar If we are to believe that today there is 35 trillion in circulation, we would have to believe the money supply in dinars has grown from 4 trillion in 2012 to 35 trillion by the end of 2013. The only thing that can be proved is Saleh's statements from early 2012. That would be the beginning numbers that the press has repeated over and over since then. Since 2012 the CBI has not produced any numbers on dinars out and dinars circulating in Iraq. [post 2 of 2]
2-2-2014 Newshound Guru Tlar Article: "35 trillion dinars, the volume of cash in circulation" 35 trillion is a press stock number from early 2012 told to the press by Saleh. The CBI has not revealed how many dinars are in circulation since this was disclosed by Saleh in early 2012. Saleh also disclosed that there was only 4 trillion out of the 35 trillion circulating in Iraq at that time. Iraq has been dollarizing for 16-17 months. I doubt that there is even 4 trillion dinars left circulating in Iraq. [post 1 of 2....stay tuned]
2-2-2014 Newshound/Intel Guru Eagle1 We really had expected the GCR to be released...so that the numbers would be available globally in readiness for the Chinese New Year...this may have actually happened behind the scenes, but we won’t get to see the numbers on exchange screens at the banks before Monday/Tuesday, depending on whether the GCR is released to FOREX at 5:50 PM Eastern on Sunday night, or whether they wait until after Midnight Eastern. If the GCR is delayed until after Midnight Sunday...we will not get to do any exchanging until Tuesday morning when the banks open. [post 3 of 3]
2-2-2014 Newshound/Intel Guru Eagle1 This is a revalued figure we have been seeing since shortly after I had a sneak peak at the Iraqi Budget in the Spring of 2013. You may remember that I calculated the RV of the IQD on the basis of taking the projected income for the year against their projected expenditures. The number at that time was a fraction of a penny under $3.42. It appears they have pretty much maintained that number. This is not an RV of the IQD: this is an RI (or an approximate reinstatement of original value). Although there have been suggestions that the number may actually come out closer to $3.50 with the objective of achieving parity with the Kuwaiti Dinar, it appears to me at this moment that we may have to wait to see a higher value for the IQD. [post 2 of 3....stay tuned]
2-2-2014 Newshound/Intel Guru Eagle1 The last few days have been filled with some interesting events behind the scenes. We’ve seen the Bank of Baghdad begin selling its stock shares on the ISX at something like $7.19/share. The hilarious thing is that on the Iraqi Stock Exchange, the shares list at 2.09 IQD. When you do the math, it works out to $3.44 per Dinar. That is consistent with a report that came from a Senior VP at Chase who reported to us yesterday that he was seeing the new rates for the GCR on his administrative screens. The Dinar was listed at $3.44. [post 1 of 3....stay tuned]
2-1-2014 Intel Guru TNT Tony I am hearing positive things and am waiting to see the results. There are still those who don't want us to see this though. The call centers are manned and ready, the exchange centers are on standby/alert and security is on alert and told to be ready. I have received more detailed info about the NDA...I will tell you that I don't like it. Just so you know, the things I am hearing would suggest that we are at least 80% or more of where we want to be. Tomorrow will definitely make all of the difference in the world to us...Monday should be a great day.
2-1-2014 Newshound/Intel Guru BGG "Redenomination" and "establishment" of an exchange rate (of 1.17 dinars to the dollar) are two terms that don't exactly belong together. Redenomination isn't the way to "ratchet up" the exchange rate to where it was before...We artificially suppressed their currency in the beginning - it stands to reason the process will be reversed (at some point).
2-1-2014 Newshound Guru Millionday [If the Budget gets passed what will that do for us?] it will begin the movement of all international contracts and also province contracts and money -- the movement of money and distribution will demand the economic and monetary reform. so we are on the right track and by no means have made a bad choice so hold on because it is rolling and this is great.
1-31-2014 Newshound Guru Millionday they wrote the budget at reality -- we wondered how they were going to do it and that came out wed. when they open to a market economy they are planning on diversification - they call this budget the reality budget so i would say not to enter the market economy -- 1166 is an imposed rate --- not reality - that is why we invested. [post 2 of 2]
1-31-2014 Newshound Guru Millionday they are going to a market economy so the reality of what the value of the dinar is will support the value as it does in all countries that have a reality rate. it is calculated through their gdp -- revenues of market and investments -- capital gains etc etc -- so the value will be supported by the reality of economy of the country and therefore grow as well. [post 1 of 2....stay tuned]
1-31-2014 Newshound Guru Tlar ...The Finance Committee told us the budget is at 1.16 dinars per dollar. The FC wrote the budget so they should know. The leak that came out of the FC in December 2013 that caused a run on the banks, told us of the CBI's plans to delete the zeros in January and introduce the new currency. That doesn't sound like a float to me. How could they possibly introduce the currency at the same time they delete the zeros without giving value to the currency. That is an RV, not a float. There is many many more examples of where the RV fits better that the float theory...Either way the currency will get there eventually... [post 2 of 2]
1-31-2014 Newshound Guru Tlar The CBI has been very quiet about what's going on recently. There have been calls from both the EC [Economic Committee?] and the FC [Finance Committee?] saying delete the zeros now. What I think we are waiting on is the budget being passed. I feel that most everything will be on hold until then. There are positive signs that they are ready to pass it. The Kurds have finally decided to go along with the budget in its present form. They were supposed to have the first reading today but due to a lack of a quorum, that has now been postponed until Saturday. As soon as the budget is passed I believe we will see some action from the CBI but until it is passed, I don't think we will hear much from the CBI... [post 1 of 2....stay tuned]
1-31-2014 Intel/Newshound Guru Poppy3 I ALSO STILL HOLD TO THE RV AND I SEE NO REAL ADVANTAGE TO COME OUT AT SOME REDICULAS LOW RATE BECAUSE THAT WILL NOT MEET BUDGET REQUIREMENTS OR GAIN FAVOR WITH THE PEOPLE TO USE DINAR. [post 4 of 4]
1-31-2014 Intel/Newshound Guru Poppy3 MY THOUGHTS ARE IT WOULD TAKE 2 TO THREE MONTHS FOR THE PEOPLE TO SEE BENEFITS OF THEIR NEW BUYING POWER SO I CAN'T HELP BUT THINK HE WILL NEED TO DO THE RV 60 TO 90 DAYS PRIOR TO THE ELECTION SO HE CAN SAY TO THE PEOPLE OF IRAQ LOOK WHAT I HAVE DONE FOR YOU. WE NOW HAVE A VALUED CURRENCY AND WORLD TRADEABLE. I PERSONALLY DON'T THINK HE COULD WIN RE-ELECTION WITHOUT THE RV AND DON'T THINK HE HAS THE SUPPORT TO WIN EVEN IF HE DOES THE RV. ONLY TIME WILL TELL. [post 3 of 4....stay tuned]
1-31-2014 Intel/Newshound Guru Poppy3 WITH THE BUDGET AGAIN BEING POSTPONED AND THE PASSING OF THE FEB 1 DATE, I FEEL WE ONLY HAVE ONE SAVING POSSIBILITY FOR THE RV PRIOR TO MALIKI BEING DEFEATED IN APRIL. I HAVE THOUGHT FOR THE LAST COUPLE MONTHS THAT OUR POSITION DEPENDS TOTALLY ON HOW THE RV CAN BENEFIT MALIKI ... I HAVE ACCEPTED A COUPLE YEARS AGO THAT THIS ALWAYS WOULD BOIL DOWN TO WHAT HE SEE'S AS HIS PERSONAL GAIN PERIOD. I FEEL HE NOW WILL ONLY ALLOW THE RV IF HE NEEDS TO GAIN FAVOR WITH THE PEOPLE OF IRAQ TO WIN ANOTHER TERM IN POWER. [post 2 of 4....stay tuned]
1-31-2014 Intel/Newshound Guru Poppy3 NO BUDGET AGAIN, ALSO NO VALUE ANNOUNCED FOR THE BONDS THAT ORIGINALLY WHERE TO GO ON SALE ON DEC. 16TH AND OF COURSE ANNOUNCED ALL LAST WEEK THE BONDS WOULD GO ON SALE FEB 1 BUT THAT WAS BEFORE THE NO SHOWS AT PARLIAMENT TODAY AND NOT EVEN READING THE BUDGET MUCH LESS APPROVING IT. THESE ARE NOT GOOD SIGNS AND SHOWS MALIKI IS STILL UP TO HIS SAME OLD TRICKS OF CAUSING DISRUPTION. [post 1 of 4....stay tuned]
1-31-2014 Intel Guru TNT Tony The three people that can change this at any given time, and all of them have the opportunity to do this and none have done it...There are certain people in the administration still trying to block this, right now. They don’t want us to have the contract rate. Actually, at one point they didn’t want us to be involved at all, because this wasn’t for us, but for the inner circle – the ones who got paid in December. ...everything is ready and there is no excuse. The system is working; it’s at the bank level, and yesterday over 25,000 people were paid out! ...hopefully before you go to bed tonight you'll be multi-millionaires and billionaires. [post 3 of 3]
1-31-2014 Intel Guru TNT Tony Twice yesterday they were told that the 800 numbers will be out and to wait for the phones to ring. I hope it really does go through, but I wish I could be more confident. They are being told from upper management that this is it, and that it’s going to happen today. That is what happened yesterday, and they didn’t send people home until 1am. Then they called them back in today. They gave them a time later today when this should be done, and it’s not midnight. [post 2 of 3....stay tuned]
1-31-2014 Intel Guru TNT Tony [via Adept1] all the call centers are fully manned and the exchange centers are manned. They are being told that this is happening today. Many Tier 2 and 3 banks have been notified that over 100 currencies will be revalued on Monday. We’ve called a few and they say that they should be exchanging on Monday. Because the memo has gone out bankwide, there have been bank meetings to let them know that this is REAL. They briefed them that 80+ currencies have already revalued, and are now waiting for this to go public. [post 1 of 3....stay tuned]
1-31-2014 Newshound/Intel Guru BGG I have good sources that say there are at least 5 or 6 plans that have been discussed. I am not so sure they have decided on an end result yet. I heard different numbers from $1, $1.25 to $1.50 that is entirely believable as an entry place and it could be really low. I have talked to some very good economists and if it comes out in that very low range it's not going to be very long, 3, 4, 5 maybe 6 weeks, before it's up to a pretty good number. Personally I think no matter what it comes out at in 6 months to a year after some political realignment we might see the natural value of the dinar where it should be, probably $2.85 to 3.45 on the high side.
1-31-2014 Intel Guru Bluwolf We are within moments in seeing our prize possession take its valor. There will not be any lack of monies for all banks have covered all three tier factors and you will be dealt with exactly and at the same level as the tier before you. This International Release will appear as planned...The lapse of these next two weeks will be the pinnacle point of this Global Reset being officialized in its entirety through the media...the reset already happened and the media is leaking it slowly.
1-31-2014 Newshound Guru Kaperoni Unfortunately, we have no say in the process or the timeframe. Iraq needs to find a way to pass laws for economic reform, budget, etc. so the country can move forward. I am hoping that Maliki will be gone in April and someone new will have more success in uniting all political/tribal parties. Otherwise, all the efforts by these various economists, agencies etc. seem to fall on deaf ears. It has to be very frustrating for the IMF, WB, IIER etc.
1-31-2014 Newshound Guru Enorrste I read today that the CBI has stated that they plan to have the banking restructured in Iraq by the end of 2014. This may be a hint that they are going to hold off until the end of the year with any major change in the exchange rate regime. We can always hope that they will feel confident enough prior to the end of the year to get the ball rolling, but when I read the statement I got a queezy feeling in my stomach. Patience, friends. All we can do is wait. At least we know for certain that our goal is "in the cards" and timing is now the only question. Let's just be cautiously hopeful that the timing is sooner than the end of this year.
1-30-2014 Intel Guru TNT Tony I am still hearing good things right now, but we wait to see what happens. Tomorrow will tell the truth.
1-30-2014 Intel/Newshound Guru Poppy3 I AM VERY INTERESTED IN THE NEWS TODAY AND ESPECIALLY TOMORROW WHEN FULL PARLIAMENT MEETS AGAIN. GREAT PROGRESS IS BEING MADE AND I BELIEVE IMPLEMENTATION OF SOME OF THESE VOTES WILL BE ACCOMPLISHED VERY VERY SOON AND AS THEY START THEN WE CAN SEE VALUE CHANGE DURING THE PROCESS.
1-30-2014 Newshound Guru Kaperoni Article: "Budget until further notice .. The Finance Committee's objections reveal Kurdistan" Well this is getting ugly. Baghdad hired a law firm today to go after anyone who buys oil from Kurdistan. These people need to solve this and move forward quickly.
1-30-2014 Newshound Guru tlm724 let me show you what I found on parliaments site. Quote: "Chairman of the Finance Committee meets U.S. delegation January 30, 2014 Met with MP Haider al-Abadi Chairman of the Finance Committee on Wednesday, 29.01.2014 at his own office" do you see that...the USA is there! The meeting discussed the most important obstacles facing the process of voting on the draft budget law for 2014. WE are there to make this all work, remember we NEED this done correctly! Do you want it quickly and then sent back 15 times or do you want to wait a few days or weeks and have it done right including the HCL?
1-30-2014 Intel Guru DC They are going back to the original plan, on the same timeline, and the plan is going back to where it was, which is the right and fair way to do it.
1-30-2014 Intel Guru TNT Tony We know people who just got paid out yesterday at $28. They are still paying people out last night. We know it continues but it is closer to your turn. It could by any moment, any day, and their notifications say Monday. WE have dates, rates, locations, 800 numbers… we just want to wait and see what happens. I’m hearing that things have changed so much in our favor... [post 2 of 2]
1-30-2014 Intel Guru TNT Tony [via Adept1] Everything we heard this morning is very positive. Some things that happened in the night were very positive. There is one small group in a room trying to hold this back, but this could change in a matter of moments…Tier 1 and 2 banks have been notified that this should happen by Monday. A contingent is still trying to hold this off until Monday, and others want us to get it done right now. Where are we now? Notifications have gone out to the lower levels, so a lot of bank employees know a lot more today than on Monday. Tier 2 and Tier 3 banks who were never a part of this have now got notifications to spin back up and get everything going. [post 1 of 2....stay tuned]
1-30-2014 Intel Guru Bulldog75 [Do you think the contract rates will still be applicable?] THERE CAN BE MUCH SPECULATION TO THE RATES. ODDS ARE IN OUR FAVOR TO HAVE AT LEAST A IQN COMPATIBLE RATE ALONG SIDE KUWAIT'S RATE. THERE ARE NO PROMISES OR GUARANTEES AT THIS POINT ON ANYTHING; AND THE 3 LETTER AGENCIES WANT IT THAT WAY. WE WILL KNOW THE GREATER DETAILS WHEN THE RATES AND TOLL FREE NUMBERS BECOME OFFICIAL. [post 2 of 2]
1-30-2014 Intel Guru Bulldog75 LOTS OF INFO FLOWING THROUGHOUT ECONOMIC WORLD AND BANKING SYSTEM. THOUGH THERE HAVE BEEN SOME ISOLATED UPPER TIER CASHOUTS, OUR TIME IS NEAR. WE PATIENTLY WAIT OUR TURN. THERE ARE ONLY POLITICAL REASONS HOLDING UP OUR CE, AS HAS BEEN FOR MANY MONTH. ABSOLUTELY, NO ONE, UNDER ANY CIRCUMSTANCES KNOWS THE EXACT RATES AND DATE. [post 1 of 2....stay tuned]
1-30-2014 Newshound Guru Millionday Article quote: "there is an intention for the issuance of sovereign bonds after the adoption of a new budget law," pointing out "that the current law does not allow the Minister of Finance to issue sovereign bonds of the State of Iraq." that is the CBI governor speaking so as we see -- after the budget and the regulations by the jan 31st date...they are getting everything ready to sell and buy foreign currency and sell bonds by the budget pass -- and the kurds are coming to it on thursday. cbi has given the banks until jan 31st to get their reserves to 250 billion.
1-30-2014 Newshound Guru Adam Montana [IF THE VALUE OF OUR DOLLAR GOES DOWN (LET'S SAY TO $.75) AND THE RV IS ANNOUNCED AT A RATE OF (TO KEEP IT SIMPLE) 1 TO 1, THE ACTUAL VALUE WOULD BE $.75 US TO 1 DINAR, RIGHT AND THEREFORE ONE MILLION DINAR WOULD BE WORTH $750,000. COULD THIS BE ONE REASON WHY YOU ARE STICKING TO YOUR $.10 TO $.86 PER DINAR OR SOMETHING CLOSE TO THAT?] Unfortunately, the value of the dollar DOES affect everything and everyone in the entire financial world. I am sticking to my rate theory because it makes sense at almost any level other than a devalue of the USD proportionate to what Iraq faced... but that will never happen. The world simply won't let it, too many countries depend on the USD in too many ways to list. Is it bad for us? Yes, of course. Everything involving higher debt, lower value of the USD, unpayable obligations... all of that is bad for us.
1-30-2014 Newshound Guru Millionday understand this - we are all invested in their market by holding dinars -- we invested in their currency and when the rate is better we will sell back the currencies. they are stating that the market we are invested in is in the transition phase and is moving to a market economy so we can sell high... [do you feel it be a rv or a re-instate of their currency?] either one will be a rate that we can all enjoy...we look back at the rate history and it is hard to find one that we would not like...no date yet...but we have regulation dates to be set by banks set at jan 31st. [post 2 of 2]
1-30-2014 Newshound Guru Millionday Article quote: "Iraq is seeking to become its market for securities increasingly important source of capital for national companies by broadening traded companies which put its shares for sale" they are in massive promotion to get their stock market huge nationally. they are saying that this is to move it to join the world --- in the move to transition to a market economy -- meaning driven by supply and demand -- for all on isx...this would include the dinar. [post 1 of 2....stay tuned]
1-30-2014 Intel Guru TNT Tony I received a call from a personal friend whom I talk to everyday. He was very excited and wanted to tell the world his good news. He was personally contacted by a Tier 2 bank officer that wanted to know if he still had the dong that he purchased from them. He said yes and she told him that she had just received a memo directing her to call all of her customers that had purchased dong and to tell them that they would like to be their bank during the exchange process. She said the memo listed several currencies that would be revalued by Monday.
1-29-2014 Newshound Guru Adam Montana [How close are they in signing the HCL and getting it taken care of. I know you have stated many times that you don't believe the RV will happen before the HCL is signed into law. Do you still think this way and are we getting close.] I still feel that the HCL is vital to the success of an increased value in the Dinar, and they have been making steady progress - so I am hopeful to see more on that shortly. [What role is the Budget playing?] In my opinion - none at all. With any major overhaul of the budget will come an equal overhaul of the budget.
1-29-2014 Intel/Newshound Guru Poppy3 all the news is positive and all forward movement. they are taking action but they move at a snails pace. However as we all can see here lately and the summit and conferences the snail seem to be going down hill and moving some faster. I HOPE ALL ARE ENCOURAGED AND GETTING EXITED ABOUT THE INVESTMENT...IT WILL PROVE TO BE A GREAT CHOICE.
1-29-2014 Intel Guru TNT Tony The bankers had more meetings today...I cannot, for the life of me, understand why they can't just do the right thing. All it takes is to make it fair for all. We know that everyone is not going to get the $32.00 rate, but some of us should. Let's hope that someone in that group finally uses a little common sense and makes the right call/decision to get this over with and back on track for us all. Let's hope this is the end...Let's hope this ends tonight.
1-29-2014 Newshound Guru Millionday they have reference to huge change coming from this budget to the citizens -- they are calling for no procrastination and also to implement the five year plan at the same time. they are saying that Iraq is moving much faster than they should be expected to be with this budget because other countries in this position of complete transition have taken much much longer -- so this is saying they are impressed and they are in a huge hurry. they will have it read and have it on the table thursday -- we should expect them to be working until it is done with this one, imo... so that means they are working tomorrow [Wednesday] and Thursday.
1-29-2014 Intel Guru TNT Tony [via Adept1] They are in a meeting at this moment,, and there should be an announcement in an hour, after the meeting. I'm hearing a lot of good stuff today from a lot of different sources. The whole world may change today, if they live up to the hype. There should be three rates hitting the streets...the international rate, the US rate, and the contract rate. We have been hearing there is something on CNBC announcing currency revaluations this afternoon. They expected it on Sunday, like we did, and announced it again an hour ago, that they are expecting currency revaluations later today. We’ll see if that is true. Things are looking good for us to get through this process by Friday, hopefully today...
1-29-2014 Intel Guru Okie_Oil_Man BECAUSE OF STATEMENT MADE BY CHRISTINE LeGARDE AT DAVOS, SWITZERLAND WORLD ECONOMIC CONFERENCE LAST WEEK IN CONJUNCTION WITH THE FED'S (F.O.M.C) MEETING TODAY COUPLED WITH THE IMPORTANCE OF CHINESE NEW YEAR TO THE CHINESE IT LOOKS LIKE ALL THE CARDS HAS FELL IN PLACE FOR THE R/V TO OCCUR. IT APPEARS TODAY WILL BE A CRUCIAL AND PERHAPS EXCITING DAY...OUR PRAYERS SHOULD BE ANSWERED HOPEFULLY TODAY.
1-29-2014 Intel Guru TD Already overnight South Africa & Turkey raised rates unexpectedly and their currencies today are taking a hit. So is the Brazilian real & Argentine Peso. In months ahead as these mechanisms take hold worldwide , emerging market countries will also raise THEIR rates and their currencies will devalue vs. the dollar. As far as the IQD, it's already at a low rate BUT with these world market forces playing out there is NO WAY a sudden, dramatic upside increase is probable. [post 2 of 2]
1-29-2014 Intel Guru TD THE GCR IS HAPPENING ALRIGHT ---BUT in the opposite way people have been selling it. As the economy in the USA is showing signs of improvement, The Fed has a tapering agenda in play in months ahead. By raising interest rates other countries will also need to adjust their rates to protect capital flight from leaving their countries as investors look toward the US more favorably. [post 1 of 2....stay tuned]
1-29-2014 Intel Guru Fisherman1 That Eagle1 post is somewhat correct but the GCR did start Sunday that is true. It will be before Friday they turn it loose here. [see Eagle 1 post 1-29-2014]
1-29-2014 Newshound Guru Millionday now Iraq has stated that they will effect the global economic condition and it has been referred to as the event -- so it would be a great time to set rates and begin trade -- it would also be a great time for other currencies to do the same imo. i think it would be great time for an rv with the situation at hand with global economies and all the need for new economic options for trade. the best part for Iraq is that they are the only country in the world that has not been effected by the global recession and downfall due to the fact that they have not had an internationally recognized currency. so emerging for Iraq is more like waking up -- not emerging. [post 2 of 2]
1-29-2014 Newshound Guru Millionday china has stopped exchanging money and so has russia and also kurdistan for some time stated that they had no cash and then we have financial reports that say that the USD was printed and spread all over the globe and caused serious issues -- so there are economic issues that are coming about that cause inflation without some type of change in the global economic condition. [post 1 of 2....stay tuned]
1-29-2014 Intel Guru BWM There has been a battle going on…This battle is not about the greater good. It has degraded into arrogance, greed and manipulation. Unfortunately I have learned more than I probably cared to about the inner workings of government… The best thing you can do right now is NOT mention the dinar to anyone… period. I would avoid all social media discussions on dinar... [post 2 of 2]
1-29-2014 Intel Guru BWM We are in a precarious position with the RV… not as far as it happening… but as far as timing goes. As things are shaping up, it appears that we may be in for a delay. How long has yet to be discussed but if we don’t see anything by end of day Thursday I would expect at least a couple of weeks before we get any more real solid news for expectations. As it stands right now, it doesn’t look good for the week. [post 1 of 2....stay tuned]
1-29-2014 Newshound/Intel Guru Eagle1 Finally, without speculating here on all the discussions of the new rate for the IQD, I will remind you that before Dr. Sinan Shabibi was so rudely removed from his post as the Governor of the CBI, he made the point that when the Dinar was revalued and released for international trade, it would be critically important for that rate to be in effect for 24-36 months before allowing it to float. His successor, Dr. Turki, has been quoted in the Iraqi news media as pretty much adhering to that position. From reports we've received out of the IMF, we're told that the IQD will closely mirror (within a few pennies) the published rate of the Kuwaiti Dinar. At the close of markets today, the KWD was just over $3.54. That ought to give you some kind of guideline. Barring some event none of us know anything about, I honestly expect this to be our week! [post 4 of 4]
1-29-2014 Newshound/Intel Guru Eagle1 I have been repeatedly advised by my contacts at the IMF and other agencies that they would NEVER just do the Dinar or the Dong, release those currencies to the world, and then follow up with other currencies behind them simply because of the massive amount of double-dipping that would take place. Sure enough, even though we had seen a total of 104 currencies finish the revaluing process by Monday night, it was made abundantly clear that we would not get to see the new rates until the process completed. With 104 currencies having finished the process, that left 94 yet to go. I do not know what time the actual process began, but what has been said is that the IMF gave a 72-hour window for all 198 currencies to undergo the process of change, after which the new rates would be released to the world. The timing of this is interesting in view of the fact that the new UN Operational Rates of Exchange chart is due for initial release on the 29th with the final publication on the first of February. [post 3 of 4....stay tuned]
1-29-2014 Newshound/Intel Guru Eagle1 We subsequently saw Christine Lagarde give a speech on Saturday in which she spent not less than five minutes specifically referring to the coming "Reset," noting that this was an event of extreme importance to the global economic ills as a corrective measure. On Monday, Fox Business News did a series of interviews throughout the day with different economists who were not bashful at all about referring specifically to "The Global Currency Reset." Art Cashin was not wrong when he talked about currencies being revalued on Sunday, but he only mentioned four or five currencies in the interview. What got left out of the interview was the fact that the GCR actually did begin its process on Sunday, a process specifically sanctioned and implemented with the cooperation and help of the IMF. Two of the major currencies that we've been watching -- namely, the IQD and the VND -- were among the first to revalue. [post 2 of 4....stay tuned]
1-29-2014 Newshound/Intel Guru Eagle1 For roughly the past 15 months we have talked about the Global Currency Reset. Most people have focused on the RV of the Iraqi Dinar as being a single event that would mostly affect those people only who held this currency. In the past week, for the first time we have been seeing the national news media -- and more specifically, the financial news networks like Fox Business News, CNBC, Bloomberg, and even the lowly CNN, do interviews with economists who are speaking directly to the GCR and the immediacy of its release to the world. Last Friday, January 24th, CNBC had a rather remarkable interview with economist, Art Cashin, who is the Director of Floor Operations for UBS (United Bank of Switzerland) at the NYSE. For the first time in anyone's memory, we had an international banking figure come out and publicly state that nations would be revaluing their currencies on Sunday. [post 1 of 4....stay tuned]
1-28-2014 Intel Guru TerryK YOU ALL READY FOR THE BLESSING? I GOTTA A SWEET FEELING IT'S JUST AROUND THE CORNER. WELL IT IS TUESDAY NIGHT RIGHT, I THINK THE BANKS WILL BE TALKING TONIGHT. AFTER ALL CHINA IS TRYING TO MAKE SOMETHING HAPPEN IN A FEW HOURS IS WHAT I WAS TOLD.
1-28-2014 Newshound Guru Med IRAQ MADE A HUGE ERROR IN 2010 WHEN THEY WERE ASKED TO STOP THE CURRENCY AUCTION. INSTEAD OF MAKING THE TOUGH CHANGES THAT WOULD HAVE TAKEN WORK AND SACRIFICE THEY DECIDED TO SELL OUT THE IRAQI'S FUTURES. PAY ME NOW ATTITUDE AND WE WILL FIGURE OUT HOW TO PAY IT BACK LATER. [post 3of 3]
1-28-2014 Newshound Guru Med THIS IS WHAT HAPPENS WHEN YOU KEEP SELLING AND SELLING AND SELLING. IT CREATES AN INFLATION. BUT NOT INFLATION AS WE KNOW IT. IT IS THE OVER ABUNDANCE OF CURRENCY. IT REDUCES THE VALUE. YOU CANT HAVE 35 TRILLION DINAR DISTRIBUTED. ANYTHING, ANY PRODUCT AS WE KNOW AND HAVE SEEN, WHEN IT IS OVERPRODUCED WHAT HAPPENS? IT GETS CHEAPER. [post 2 of 3....stay tuned]
1-28-2014 Newshound Guru Med A VERY GOOD ARTICLE IS POSTED ABOUT THE REASON PARLIAMENT IS DELAYING THE DELETION OF ZERO'S. IT APPEARS THAT CBI HAS CREATED THEMSELVES ANOTHER MONSTER. AS MOST OF YOU SHOULD KNOW OR MAY REMEMBER SHABIBI WAS REMOVING DINAR SYSTEMATICALLY FROM THE SYSTEM. HE WAS DOWN TO APPROXIMATELY 20 PLUS TRILLION IN CIRCULATION. NOW IT IS ESTIMATED AT 35 TRILLION DINAR. [post 1 of 3....stay tuned]
1-28-2014 Newshound/Intel Guru BGG If it comes out low at say a dollar or less, I believe you would see the natural value of the dinar before to terribly much longer. Am I saying it will RV tomorrow? Could, you never know. The reason I remotely believe this is because Maliki got caught with his hand in the cookie jar and they might be able to apply enough pressure to him to get him to be cooperative with currency reform...that's the rumor. We'll have to wait and see if this has any validity. I'm hopeful about our near future and our investment. Anybody that says that this is a scam is just kidding themselves. Congress gets quarterly reports on this thing and there's evidence of that. We have it in writing. And, it's a currency of a country. [post 2 of 2]
1-28-2014 Newshound/Intel Guru BGG "Parliamentary Economic Committee Demands The Deletion Of The Zeroes" This was a very interesting article from Bagdad News. Parliament and the COM, which is the government of Iraq and the CBI are all separate entities. It sounds like to me that Parliament has been ready for this for a long time. I think if there was a regime change, Parliament would get their way sooner or later. This whole thing revolves around politics. When the politics are resolved one way or the other or enough pressure is applied politically, this is going to happen. [post 1 of 2....stay tuned]
1-28-2014 Intel Guru DC [via Adept1] Nothing has really changed; bottom line, when the administration is ready to do it, it will get done. They got to a certain point last night, then cut it off again. Many countries are getting together...urging the IMF to release it because they see the US is holding up the world for their political aims. Iraq is not willing to support the US any longer in this matter. There was a huge bank meeting and every single finger pointed to the UST saying they directed the banks to do all this.
1-28-2014 Intel Guru TNT Tony The good news: we are hearing today what the schedule is to do this. I just don’t know whether to believe this any more! The whole world knows that the US is holding up the global currency reset. It’s US politics, nothing else! This is just not fair! All we ask is for you to be fair to the American people! [What are our chances of getting the contract rate?] Won’t know until it pops. If we don’t get the contract rate, if we go at the international rates, we will make very sure that those clawbacks are imposed. Everyone has made promises to China that this will be done by their New Year. [so we should be done by Friday?] We should have had this done well before then. [post 2 of 2]
1-28-2014 Intel Guru TNT Tony [via Adept1] Last night we got calls, they brought in the call centers and exchange centers, everyone was briefed and told it was going live last night. They were told the 800 numbers would be given out and the phone would start ringing at a certain time. Instead, they were told to stop because someone didn’t want it to happen last night – they just wanted us to think that it would. This makes no sense to anybody at all. [post 1 of 2....stay tuned]
1-28-2014 Newshound Guru Kaperoni Article: "Specialists: oil resources have not invested in economic development" In Sept 2012, after Shabibi was gone, it was decided that the current plan or strategy to move to a free market was not working. They formed a committee of businessmen to participate along with the IIER [Iraqi Institute for Economic Reform] to create a new transition plan. That plan is working and moving them closer and closer. We have seen several accomplishments over the last 6 months or so. ...they need to get to Article VIII (freedom of movement of capital). Though they have not accomplished the results we want...I cannot help but feel very optimistic that this group of experts/economists is aware and pushing them forward.
1-28-2014 Intel/Newshound Guru Poppy3 THEY ARE NOT GOING TO STICK THEIR HEADS IN THE SAND AND QUIT TILL AFTER A ELECTION. MALIKI KNOWS HE CAN'T WAIT MUCH LONGER AND USE HIS BIGGEST STICK AGAINST HIS OPPOSITION WHICH IS THE VALUE OF THE DINAR. WOW WE ARE IN A GOOD PLACE. [post 2 of 2]
1-28-2014 Intel/Newshound Guru Poppy3 KEEP IN MIND THEY HAVEN'T BEEN FIGHTING TO GET TO WHERE THEY ARE AS FAST AS POSSIBLE TO JUST STOP. AT THIS POINT THEY ARE STILL PUSHING THROUGH THE PROBLEM IN SPITE OF MALIKI AND THE US ADMINISTRATION SUPPORTING HIM BEHIND THE SCENES. THEY SAY PUBLICLY THEY ARE NOT BUT THEIR ACTION SHOW THEY ARE. THE ONLY SUBJECT FRONT AND CENTER FOR MONTHS NOW HAS AND IS FINANCE, STOPPING INFLATION, GIVING BUYING POWER TO THE PEOPLE, IMPLEMENTING THE TARIFF LAWS AND SETTLE THE MONEY PROBLEMS ON OIL TRADE WITH THE KURDS (MONEY, MONEY, MONEY) THEIR MAIN SUBJECT. [post 1 of 2....stay tuned]
1-28-2014 Newshound Guru Millionday we have the parliament working tomorrow [Tuesday]...the budget is on the table - the agenda is very important that we have for tomorrow - the banking act has been demanded by parliament to be in their hands tomorrow and of course we have the banking conference.
1-28-2014 Newshound Guru Kaperoni Article quotes: “The Committee called for reducing the difference between the U.S. dollar and the Iraqi dinar..." “the World Trade Organization were previously wary of government plans to support the Iraqi dinar, and elevate it to a value of U.S. dollar and the high differential cash between them,” So, based on these statement, they will never get accession to the WTO until the raise the value...however that may be.
1-28-2014 Intel/Newshound Guru Poppy3 I SUSPECT WITH THE ISSUE OF BONDS WILL BE THE RAISING OF THE VALUE. TIME WILL TELL.
1-28-2014 Newshound/Intel Guru BGG Article quote: The Governor of the Central Bank that "there is an intention for the issuance of sovereign bonds after the adoption of a new budget law," ...this Bond issue is at the core of what we are all interested in...we also have news out today that the bonds will likely get issued after the Budget Law which would also point (at least on the economic side) at some push to get the currency reform done soon.
1-28-2014 Newshound Guru tlm724 I believe that once the budget is passed, which by the way is a huge step towards economic reform, there are many "first's " in this years budget, we will see the issuance of the bonds, IMO! IMO, Turki is getting the conditions just right for the issuance, period!
1-27-2014 Intel Guru Mnt Goat Tier 1 is over. So then on January 13, 2014 we are told tier 2 is not in fact for the general public but once again open only to the very wealthy...most of these tier 2 individuals never even heard of the dinar until the bankers notified them. They will not go international since this will take the 1166 rate to the international rate the feasting ends for the elite. They will no longer be able to double and triple dip. When will it end? Probably when they used up all the money in the buckets and are left with nothing else but to pull the trigger and go international. [post 3 of 3]
1-27-2014 Intel Guru Mnt Goat Also there is a matter of special contract rates that will be used during the exchange process. These rates have been established and funded by contracts between the US and Iraq and the US and China, thus they call them contract rates. ...from what I have been able to expose, there have been early exchanges taking place between the politicians, their families and friends...The so called “privileged”. This was tier 1 of the exchanges. [post 2 of 3....stay tuned]
1-27-2014 Intel Guru Mnt Goat I have found that the USA is intentionally, unmistakably holding the process up. There are no other obstacles. Iraq is ready, the software or technical systems are ready, the IMF wants it, the rest of the world is ready. But why do we still wait? ...why has this not yet gone international and when these final steps to the RV process will be executed by the UST. We also know the IQD did officially revalue as early as December of last year, almost 2 months ago. [post 1 of 3....stay tuned]
1-27-2014 Intel Guru Footforward people ask all the time if this is a scam...there is enough out there in plain site for people to see there is more to this then just worthless currency...the rv will happen. i dont think we will see anything in jan or feb for the dinar. rate? ive been all over the place about that. I could see where its just like in the 3 range, but I could also see it being much higher then that for us too.
1-27-2014 Intel Guru TNT Tony [via Adept1] We have been hearing about this for two weeks, that some are trying to get things done, but every weekend we hear that people are cashing out at different rates. Those at the lower rate did not sign NDAs, so they can buy more and talk about it, and they have the receipts. They are getting all the call center people in, looking ready but not actually doing anything. They continue to do what they have been doing. If the rate comes out at $3 or so, you will KNOW that they really didn’t care or do what they were supposed to do. We will do our best to make sure they don’t get away with this.
1-27-2014 Intel Guru DC The other strand is UST led, and with that we would get the contract rate. Everyone is ready to go, and they were promised by the administration that this will go forward today. They are 100% ready, some exchanges happened over the weekend at those contract rates. We don’t know about today. [post 2 of 2]
1-27-2014 Intel Guru DC [via Adept1] there are two tracks the RV can take – the international RV led by the IMF and Iraq, at about $3.50, and through the public sector. They did that in mid-December and pulled it back at the end. That is one venue. It is our understanding that the international community is tired of the administration not doing what they said, so they are moving forward on that plan. We cannot blame them. We will get the lower rate, and those who have already cashed in will get what is over that rate clawed back. [post 1 of 2....stay tuned]
1-27-2014 Newshound Guru Shredd from what we saw in the news, the bonds were first supposed to be released in December, that didn't happen then we read that legal issues remain then it will happen after budget law is passed (not budget btw). so, to me, it's not a surprise or terrible news, more that they are continuing to work on it.
1-27-2014 Intel/Newshound Guru Poppy3 AS ALWAYS MALIKI WILL DO ANYTHING TO STAY IN POWER... [then we could be in this for a really long time unless they truely deal with him!] I THINK EVEN THOUGH HE HATES IT THEY ARE ON A WORLD STAGE AND BECOMING MORE IN THE LIGHT OF DAY GLOBALLY THEY CAN HOLD OUT A LITTLE LONGER BUT NOT MUCH FROM HERE FORWARD.
1-27-2014 Newshound Guru Tlar the Iraqi's are building a country from scratch...Most Iraqi's seem to be honestly working on trying to build and understand a democracy. They recently appear to actually be reading their constitution and some now are trying to stand on the principles written into that document. Iraq will get there and so will their currency. I know in reality this could take more years but my personal belief is it is ready to go... [post 2 of 2]
1-27-2014 Newshound Guru Tlar Certain investments sometime are not right for everyone...Iraq is sitting on an underground sea of oil and it has yet to have a viable currency. At some time they will. Iraq is a young country with lots of obvious problems. Everybody has been frustrated with this investment at one time or another... I no longer worry whether it is today but remain hopeful it is always just over the horizon because I know it will happen someday... [post 1 of 2....stay tuned]
1-27-2014 Newshound Guru Kaperoni The articles yesterday and today about the banking system clearly show they need to do more before they are ready. This Dubai event may seem promising and encouraging, but...nothing will happen until the laws are passed, the reforms are done, and the CBI is in compliance. Were talking weeks or even months..my prediction is now April or later. Sorry. [post 2 of 2]
1-27-2014 Newshound Guru Kaperoni Article: "Iraq International Conference and Exhibition 2014" They spend lots of money putting on these events, its time to do what is expected...open the banking system. Unfortunately, Iraq is weeks, if not months away from getting the banking system where we want it. To much on the table...laws, IMF compliance, etc. IMO, Maliki will never give value to the dinar until the last minute before the elections. Any increase now would only help those who run against him. [post 1 of 2...stay tuned][See possible “to do list” in the DinarGuru resource bar on the left.]
1-27-2014 Newshound/Intel Guru BGG I think Maliki's next play is to try and delay or create unfavorable conditions for any elections - if that doesn't work - I think he'll have very few options. Currency reform being at the top of the list...which he is close to now.
1-27-2014 Newshound Guru Kaperoni there is a new article on the bonds and gold coins out...appears authored by former deputy of the CBI Saleh. these two items, bonds and gold will let them reduce the money supply but more importantly, reduce the spread between Official rate and Market rate. I believe this step will help them transition to IMF Article VIII. Article Quote: "The economist said: that this step has been the study of economic feasibility, by the Central Bank for the purpose of selling gold coins and cash and other foreign currencies as well as treasury transfers to the public soon." Soon!
[See possible “to do list” in the DinarGuru resource bar on the left...#7]
1-27-2014 Intel/Newshound Guru Poppy3 I EXPECT IT TO BE A RATE THEY KNOW THEY CAN MAINTAIN FOR 24 TO 36 MONTHS BEFORE THEY ALLOW IT TO FLOAT TO WHAT THE MARKET WILL ALLOW...WHAT DR SHABIBI STATED BEFORE HE WAS REMOVED. THEIR SITUATION ON FINANCE HAS NEVER CHANGED WE ARE ALL STILL WAITING AND WATCHING. [post 2 of 2]
1-27-2014 Intel/Newshound Guru Poppy3 STARTING A FLOAT WILL NOT HELP MALIKI GAIN FAVOR WITH THE PEOPLE TO STAND A CHANCE OF WINNING AN ELECTION AND ANYTHING STARTING BARELY ABOVE A DOLLAR WILL NOT GET THE PEOPLE OF IRAQ TO LEAVE THE DOLLAR FOR THE DINAR. IT WILL Have to be considerably higher than the dollar to gain any confidence of the IRAQ people or outside investors. I STILL STAND ON A RV OF $3.00 PLUS AND ACTUALLY WITHIN A NICKLE OF KUWAIT. [post 1 of 2....stay tuned] 1-26-2014 Intel Guru Frank26 NOTHING outside of the CBI is relevant nor important to what You seek. A new rate to replace the program rate for article 8 compliance of the IMF...Once we have that THEN look at how China is helped. BTW, China is simply doing what the World Markets did last week.
1-26-2014 Intel/Newshound Guru Poppy3 I AM VERY ANXIOUS TO HEAR WHAT IS DONE TOMORROW DURING OR JUST AFTER THE BANKING SUMMIT BEING HELD IN THE MIDDLE EAST. THIS WEEK WILL REVEAL MORE DETAILS FOR SURE AND MAY EVEN PRODUCE A RV OR TWO. WE SHALL SEE IN THE COMING WEEK.
1-26-2014 Newshound Guru Stryker If the 2014 Budget can make its way to parliament in full agreement with the Kurds and the provincial's $5 dollar per barrel demands they have a real shot at a sooner than later approval. If the 2007 Oil & Gas Law would be implemented by the way of an oversight committee, we/they could just stand a chance of an upcoming reform in process. Stability requires implementation and not yearly bandages to the same old issues! Now with all that, the Currency Reform moneys still need to be a part of the 2014 Budget if we/they are really to see Economic Reform this year and the issuance of the new lower currency, with less 3 zeros.
1-26-2014 Intel Guru TD [How's it going in Iraq?] Mixed bag of news I'm afraid. Few days ago the GOI was having success against militants but just yesterday a news article came out saying that "Fajullah had fallen to Al-Qaeda". So Maliki is still struggling regaining control of certain provinces. The rift between Baghdad & Ankara (Turkey) is still on hold...They have to resolve issues concerning exports of petro through Kurdistan & legalized revenue sharing. January 29th we will see some key political figures come back to work with the economic committee and parliament addressing in subsequent days matters of the budget and (I'm told) continued talks of the deletion of the zeros and proposals of when to implement. [post 3 of 3]
1-26-2014 Intel Guru TD As far as the currency market instability mentioned on Friday's business networks, particularly CNBC, it is true that recently some weakness has emerged but namely countries mentioned specifically were Turkey, Argentina, Russia & others but no reference about the IQD. The 300 point decline in the Dow is only 2%, much of it profit taking and knee jerk reactions to rumors & news of the Feds tapering agenda coming up and nothing to be alarmed about. [Is there any significance to the GCR?] No, because the Global Reset of 200 nations simultaneously occurring is fable. It is quite possible for 3-4 nations to do some minor adjustments this Sunday but that's about it. The IQD will NOT be one of those countries. [post 2 of 3....stay tuned]
1-26-2014 Intel Guru TD [Can you comment on the latest Davos Summit, Recent news of currency market instability, the dow plunging 300 points and provide a synopsis on the Iraq situation?] Well, The Davos Summit is a world economic forum where yearly prominent business & political leaders meet and share ideas, build alliances and networking opportunities. It's important to note that they have no regulatory powers and while Iraq may be a venue of investment opportunity up for discussion, it really has nothing concrete to do with the IQD. [post 1 of 3....stay tuned]
1-26-2014 Intel Guru Jester THE IQD VALUE IS ONLY WHAT THEY SET IT AT... AND THAT MEANS WHAT YOU ARE OFFERED IN THIS PRIVATE PLACEMENT AND THE PUBLIC IS SIMPLY A DIFFERENT PRIVATE PLACEMENT SO NO BIGGIE... REMEMBER THAT THE IQD IS NOT A TRADEABLE CURRENCY AND MOST LIKELY WILL NEVER BE... WHEN IT COMES BACK IT WILL BE IQN. [post 3 of 3]
1-26-2014 Intel Guru Jester THIS VALUE THAT THE SOVEREIGN GOVERNMENTS HAS NEGOTIATED HAS BEEN MANIPULATED TO A VALUE IT WILL OFFER AT PRIVATE AND PUBLIC EXCHANGES...TO THE PUBLIC AT LARGE...IT INCLUDES BOTH IF YOU WILL LIKE TO GET PAID... THE PROCESS OF THE EXCHANGES IS BOTH PRIVATE AND PUBLIC... YOU ARE HEARING ALL OVER THE PLACE THAT THERE ARE SOME THAT ARE GETTING PAID WITH PRIVATE EXCHANGE... DO NOT ASSUME THIS IS A BAD THING AS SOME SAY OR THAT YOU ARE GETTING SCREWED BECAUSE OF IT... THAT IS NOT THE CASE...IT IS PART OF IT. [post 2 of 3....stay tuned]
1-26-2014 Intel Guru Jester THE SOVEREIGN NATIONS HAVE BEEN WORKING TO SET THE VALUE OF THE IQD THEY OWN WITH IRAQ...THIS IS IMPORTANT...THE VALUE OF THE IQD IS NEGOTIATED ON A SOVEREIGN LEVEL BETWEEN NATIONS... THIS HAS NOTHING TO DO AND PLACES NO VALUE FOR THE PUBLIC AT LARGE...SO, AS PART OF THIS VALUE AGREED BETWEEN SOVEREIGN NATIONS... IT INCLUDES A VALUE THAT THE IQD COULD BE EXCHANGED FOR THE...WALLAH...IQN. [post 1 of 3....stay tuned]
1-26-2014 Intel Guru Okie_Oil_Man WITH THE PLACEMENT NOW BEING PUBLIC FOR SOME, THE R/V CAN'T BE SAT UPON ANY FURTHER. IN OTHER WORDS- "THE NEWS IS OUT". THIS CAN NOT CONTINUE ON STRICTLY AN INDIVIDUAL BASIS WITHOUT INVOLVING THE GENERAL PUBLIC, AND DOING IT SOON. I AM IN HIGH ANTICIPATION OF THE "GENERAL RELEASE" AND THE INFORMATION TO FOLLOW PERTAINING TO THE PUBLIC AS EARLY AS POSSIBLY TODAY. I HAVE NOT BEEN CONTACTED YET FOR THE "GRADUATION LETTER" BUT AM ANTICAPATING IT ANY TIME NOW. [post 2of 2]
1-26-2014 Intel Guru Okie_Oil_Man WELL TODAY IS TURNING OUT TO BE A DAY OF HIGH EXPECTATIONS. THERE ARE MANY INDICATIONS PRESENTLY THAT OUR R/V IS AT HAND. I KNOW PERSONALLY OF INDIVIDUALS THIS PAST WEEK THRU PRIVATE ARRANGEMENTS THAT HAS EXCHANGED THEIR DINAR. ONLY WITHIN THE PAST 24 HOURS I HAVE BEEN OFFERED 3 SEPERATE PROPOSALS FROM 3 DIFFERENT SOURCES TO EXCHANGE, AND AT VERY VARIED RATES. [post 1 of 2....stay tuned]
1-26-2014 Newshound Guru tlm724 Article quote: "mechanisms advancement sector money where we meet the goal of reaching formula to contribute to the activation of the private sector and dealing with legislation that hinder the advancement of all his joints" they are trying to get the laws right to enhance the private sector ie: private banks as the meeting will be organized during the next month, deals with attempts to enter Iraq to the World Trade Organization...the push in on, they are in the final turn! Iraq has a great chance of getting in, I actually have no doubts about it, they said last month the were doing the final negations.
1-26-2014 Newshound Guru Enorrste What is most encouraging about this article, to me, is that it clearly states that the plan is in process...that the plan includes a move from a fixed rate regime to a flexible rate regime (i.e., no RV), and that there do not seem to be too many hurdles left to jump over prior to the "release date.". [post 3 of 3] [See the % of Gurus who feel the dinar will "Float" and NOT RV in the Dinar Guru Resource Bar on the left]
1-26-2014 Newshound Guru Enorrste Definition of Floating Exchange Rate: A country's exchange rate regime where its currency is set by the foreign-exchange market through supply and demand for that particular currency relative to other currencies. Thus, floating exchange rates change freely and are determined by trading in the forex market. This is in contrast to a "fixed exchange rate" regime. [post 2 of 3....stay tuned]
1-26-2014 Newshound Guru Enorrste Report: "The value of the Iraqi currency and structural economic imbalances" Iraq has, for 10 years, been in a "fixed rate regime." Definition of 'Fixed Exchange Rate: A country's exchange rate regime under which the government or central bank ties the official exchange rate to another country's currency (or the price of gold). The purpose of a fixed exchange rate system is to maintain a country's currency value within a very narrow band. Also known as pegged exchange rate. The rate has been "fixed" at 1166 dinars per dollar (the "other currency") for many years now. [post 1 of 3....stay tuned]
1-26-2014 Newshound Guru tlm724 Article "Central Bank decides "SEC gold bullion" to sell investors and segments of society" sweet! revealing their monetary policy instruments...this diversification is part of the requirements of the IMF also, they have had liquidity in the past years with their high reserves but the IMF wants them to have other sources, this is a very positive sign of the CBI following international recommendations. unencumbered high-quality liquid assets, thats the gold...the CBI is working on their Basel III compliance. *hallelujah*
1-25-2014 Newshound Guru Millionday we have seen the oil /energy meeting this saturday [today]...and also with their announcement that they are headed to the export market -- its all progress. i would say if parliament is there we should expect najafi there as well following his meeting here and the end of the economic summit is tomorrow as well. i have always said we will see alot at once and it looks like we are seeing alot --- timing is everything with this event. [post 2 of 2]
1-25-2014 Newshound Guru Millionday Article quote: "In the view of economists that the entry to the World Gold Iraq is a positive case for the revitalization of the gold market deal in Iraq" [Do you believe Iraq has to be article 8 compliant to sell gold?] global market is always a good thing and also this announcement from the cbi shows that they are financially staging to enter the market. globally they need to have their rate at a reality rate so they enter the market with stability. [so in order to enter the market they must have a reality rate. does reality mean a rate better than 1166?] yes -- it is the calculation of what the price of their currency is actually worth.
1-25-2014 Newshound/Intel Guru BGG we got word - direct from a respected ME author - he expects them to show up with a Budget in hand to be debated in Parliament on Tuesday... which is good if it finally got past the CoM (the real bottle-neck). also of note - the CBI is much farther down the road to actually selling Gold than we have been led to believe. Gold is much easier to mint (than paper) and it is it's own international standard. They CoM won't be skittish about "selling into deficits" anymore. the good news. - they are "going long" on their own currency - in this case. the bad - no clue what our time-line looks like... but it's GOOD!!
1-25-2014 Intel Guru TNT Tony I got several news articles and CNBC talking about why the market went down this week. They are blaming it on the to global currency reset of several countries this weekend...at least 4 countries. Several people called about Christine Lagarde's speech and that she talked about the reset. I like the fact that CL said it. Why - because, if they do not do the right thing, we will have proof that they knew way before it was happening. They are still continuing what they are doing. A bunch of people exchanged yesterday...this is still going on. They are still having meetings to cover it up. People told they will not be protected. They now understand if they don't do right by WE THE PEOPLE then there will be consequences.
1-25-2014 Newshound Guru Millionday they announced on cnbc that some currencies were changing in value this weekend. they have not given the whole list... i believe they mentioned Argentina and a few more. i think i would love if they would include Iraq -- we dont know at this point and they have made it a very bland announcement with out much exact info with it. [They don't normally announce currency changes do they?] i was shocked by it and normally they dont ahead of time for the market. they do announce them on the UN operational rates ahead of time a couple days -- but the market is closed so over the weekend would not allow a run on the market -- very interesting.
1-25-2014 Intel Guru Loechin I love this saying, "Things that are, are not always as they appear." Usually I do NOT like weekends as they are deadly with little to no movement, but this one MAY be different.
1-25-2014 Newshound Guru Tlar Article: "Indicated the presence of approximately 35 trillion dinars in circulation in the financial markets attribute the reason for the postponement of parliamentary delete zeros to the difficulty of controlling the currency" The CBI deputy, Saleh, had stated that they had 35 trillion dinars out at the beginning of 2012 of which 4 trillion were in circulation in Iraq. The rest were in Syria and Iran and held in investors hands and Government Central Banks, both in the middle east and around the world. We know that the CBI has made an intense effort to repatriate dinars from Syria and Iran and else where assisted by UN sanctions. They have repatriated trillions and trillions of dinar through the auctions. This is a number that no one outside of the CBI has true knowledge of and most articles repeat the stock number (35 trillion dinars out) because the CBI has not let the true numbers out since the beginning of 2012.
1-25-2014 Newshound/Intel Guru BGG [do you think a note is a note and they all represent the value of the dinar, just times the face number of the note?] a note is a note - it represents how many dinar. The value of each Dinar is set by the CBI.
1-25-2014 Newshound Guru Kaperoni Article: "Indicated the presence of approximately 35 trillion dinars in circulation in the financial markets attribute the reason for the postponement of parliamentary delete zeros to the difficulty of controlling the currency" ["My question is how can a war torn country with 35 trillion dinar in circulation possibly see a value of 1-1...When all other countries have less than 4 trillion in circulation?"] The answer to your question is they cannot...unless they have a plan to collect or reduce it. And the CBI has said on several occasions..."they will gradually raise the value down to the day they begin to replace the currency." An argument could be made that at the same time or before, they will remove these larger notes. If so, then a gradual appreciation of the value is possible. That is why only a float make sense at this point. No overnight RV could or will occur. You can find several articles or documents...to support this. Including the IMF themselves.
1-24-2014 Newshound Guru Enorrste The CBI is on record that they are not yet ready to act due largely to the "political situation" as opposed to preparations that they themselves might still need to make. This leads me to believe that, in their view, enough legislation has been passed to smooth the wheels for a switch to a free float, but that the security situation is now a hangup. One thing we have never quite uncovered is this: how would moving to a free float affect Al Quaeda? If it would be to their benefit, then a delay is understandable and justifiable from both Maliki's and the CBI's point of view. If, on the other hand, that is not a major concern (that Al Quaeda might benefit, or not), then the "security situation" excuse from the CBI appears to be more a "talking point" from the Maliki administration than an actual reason for the delay.
1-24-2014 Newshound Guru Kaperoni Iraq is a member of the IMF therefore they must adhere to the requirements and guidelines under the IMF. Any country that wishes to change currencies must honor the current currency for a period of a minimum of 12 months under the IMF Charter. The CBI has already stated two years at the commercial banks and institutional banks for 10 years.
1-24-2014 Intel Guru Fisherman1 The stock market was always supposed to take a hit because of the speculation of currency revaluation over this weekend and it has had a loss yesterday and lost 300 points today. This drop in the market is because this is the actual weekend that many currencies will revalue and it has shocked the market because of all the talk that is going around the world about the GCR. The banks will be able to cash everyone out and you will have many more options of exchanging than you think you do. The rates are going to be OK and everyone will be very happy with the total outcome. You will be able to negotiate bank fees but not rates. There has been a plan all along when this was going to happen... [post 2 of 2]
1-24-2014 Intel Guru Fisherman1 [new guru] We are finally at the end of the rainbow. I have studied countless hours over the past 2 weeks and a lot of Great things have been happening . I have made numerous phone calls and here are my findings. The money is all in place in the United States to make this happen. All 5 of the major banks will be able to cash you out when the Forex releases the rates and it will all go live simultaneously for the world to see. There has been a Davos Summit going on this week and concludes on Sunday. The theme of the Summit is to release this currency revalue and the GCR. [post 1 of 2....stay tuned]
1-24-2014 Intel Guru Frank26 IMO, it is now time I declared my strong opinion of the rate. I also believe DELTA and NOVA and possibly even E1 [Eagle1] will agree with me. I am of the school that believes the CBI will do exactly what they have been claiming and doing. They will lift the 000's not only from the currency in a physical manner but also from their exchange rate. I strongly believe that when the CBI releases the program rate of 1166 it will be replaced with a 1:1 against the USD. Within a given year I expect this rate to throttle up because the world will finally be allowed to not just buy the dinar but use it...with a greater value than it is now.
1-24-2014 Newshound/Intel Guru BGG This IIER [Iraqi Institute for Economic Reform] report reads like a check list…much of which is done – except the last point…CURRENCY REFORM / removing (deleting) the 3 zero’s (big notes). Which = value. I also pointed out – though they are getting these items done – it has the feel of kids being told to clean their room. They are doing it – but not because they want to…because they HAVE TO!! All JMHO
1-24-2014 Newshound Guru Millionday also the timing of the laws in front of parliament on tuesday make perfect sense with the summit and then the banking conference --- so the announcement to all citizens that barzani and maliki by maliki have reached an agreement that the 5$ is coming -- was a shocker but shows once again the hurry they seem to be showing. [post 2 of 2]
1-24-2014 Newshound Guru Millionday the thing with the banking act is this...the parliament has demanded the banking act in a hurry to be in fornt of them so they can pass and put into effect the amendments that are complete -- i was reading ... kAPS [Kaperoni] info and i have seen the many great things he was referring to in ink as well --- the banking act requested or as they put it, has been demanding to be put before parliament -- so that is how great the info is that he brought and how great our position is. [see Kaperoni's post 1-24-14] [post 1 of 2....stay tuned] [See possible “to do list” in the DinarGuru resource bar on the left...#7]
1-24-2014 Newshound Guru Kaperoni the last one [recommendation] on the list: Can issue a new currency or deletion of zeros from the current currency to have a positive psychological effects on the local currency dealers. ...the GOI, CBI is following these recommendations and...most if not all are done, a few remain. we can say with relative certainty that we are close to the last recommendation which is the currency reform. [post 2 of 2]
1-24-2014 Newshound Guru Kaperoni the IIER...Iraqi Institute for Economic Reform...were commissioned to create a plan. An action plan was created...they wrote a report... The report, looks at the history of the dinar, the methods of monetary policy and then recommends a plan of action of sorts. So the reality is, this is the driving wheel but in the end, it comes down to the GOI, CBI, etc. implementing these recommendations etc. [post 1 of 2....stay tuned]
1-24-2014 Newshound Guru Enorrste Finally...I have never found a single article from the CBI or the IMF that equates "delete the zeros" to the idea of "move the decimal point." Instead, the statements overwhelmingly come out to mean "remove the large notes from circulation."... [post 3 of 3]
1-24-2014 Newshound Guru Enorrste On the other hand, if, as the IMF has recommended...the dinar is allowed to "gradually rise in value" over time, then the issuance of smaller denominated notes would occur gradually, with small ones coming out as the value rose. By no coersion, then, but rather by choice, people in Iraq would trade in their large notes for the smaller ones as the large notes became more and more valuable, thereby limiting their own security risk exposure. [post 2 of 3....stay tuned]
1-24-2014 Newshound Guru Enorrste If they waited until 1 dinar equaled about $1 before issuing any new currency...then there would be 25000 dinar notes, worth close to $25000 a piece, floating around the country just prior to the issuance of the new currency. This does not seem practical, logical, or safe, to me. Of course it is theoretically possible that they could RV at $.86 to 1 dinar and then give, say, 30 days for people to turn in their large notes. [post 1 of 3....stay tuned]
1-24-2014 Intel Guru Dinar Wishes I was just asked if China having a New Year on Monday has any effect on the RV…. YES it does...the Chinese New Year is a holiday and they shut EVERYTHING DOWN during that holiday. Therefore, if the RV has not happened by then, we wont see it till after. The “RV PINGS” have to be answered so it happens everywhere and not just here and there. Also, it takes a long time because its not just the IQD, VND, or whatever else you hold… it’s 134 countries. It takes time. 1-23-2014 Intel Guru TerryK WHAT I'M BEING TOLD IS EVERYTHING IS SET FOR THE 25TH, THE RELEASE OF THE RATES, NOT TO EXCEED THE 30TH OF THIS MONTH. I'M HEARING THE RATE WILL BE AROUND THE 19 - 23 DOLLAR RANGE ON THE IQD BUT I'M STAYING GROUNDED ON THE 8.16. THE DONG WILL COME OUT AT LEAST 2.22 IS THE RUMOR. [post 2 of 2]
1-23-2014 Intel Guru TerryK WHAT I'M BEING TOLD THAT THE HOLD UP IS NOT O [OBAMA] OR THE UST BUT THE BANKING INDUSTRY...THE BANKING GROUP WORLD WIDE IS THE BLOCK...THERE ARE A CHECKS AND BALANCES THAT HAVE TO BE DONE TO ENSURE COMPLIANCE AND THEY ARE NOT. [post 1 of 2....stay tuned]
1-23-2014 Intel/Newshound Guru Frank26 Iraq proved to the world that it's not just about oil as a nation...they have much more power than anyone has ever truly realized. They should be applauded and the AoP for all of the progress they have accomplished up to this point…Finally....just like the bonds.....just like the gold......they are announcing all of this now because they are ready to do it. They are not planning.....they are not projecting....they are ready to remove the auctions.
1-23-2014 Intel/Newshound Guru Frank26 This announcement about gold through the CBI has been in the workings for over two years and is ready to be eagerly implemented at the CBI…when the CBI is finally able to tell us of a new rate to replace the program rate it is important that you factor in this powerful concept....THE CURRENCY OF IRAQ IS NOT SOLELY DEPENDENT ON OIL REVENUES…This country is filthy rich. Beyond what you can imagine......transcending astronomical figures that make no sense…The CBI is telegraphing to the world ….we have a lot of money.
1-23-2014 Intel/Newshound Guru Frank26 The CBI has now announced that they are READY...not preparing but anxiously willing and well prepared to start selling GOLD to the WORLD…It is another indication of the CBI supporting its currency through another source of revenue….We already know that they are going to start selling bonds through the CBI for the CBI. We also know since two summers ago that Iraq does not have veins of gold........they have mountains of it….CBI can't sell this gold until they are Article 8 compliant… [See possible “to do list” in the DinarGuru resource bar on the left...#1]
1-23-2014 Intel Guru OKIE_OIL_MAN I WAS INFORMED TODAY OF CASH OUT'S IN VARIOUS LOCATIONS AND THE RATE BEING GIVEN WAS NOT THE AGREED UPON RATE. THERE ARE NO PREDICTABILITY TO HOW THIS IS BEING HANDLED AND WE ARE ON A DAY TO DAY…AT LEAST WE KNOW SOMEONE IS BEING EXCHANGED AND THE MONEY HAS STARTED TO FLOW BE IT THOUGH A TRICKLE…AS SOON AS I KNOW SOMETHING OF IMPORTANCE AND CAN VALIDATE THE INFORMATION I WILL BE BACK
1-23-2014 Newshound Guru tlm724 "there is another problem facing the budget, an issue that the share of oil-producing provinces five dollars while the government has allocated one dollar for these provinces.” so those two things need to be worked out HCL and petro- dollars…like I said we WANT them to get this right ! It's the ONLY way we will ever see the HCL enacted…it is so easy to just say Just do it, but there is so much more to this, it is not that easy, there are steps and legislation that support these decisions…
1-23-2014 Intel/Newshound Guru Poppy3 THE NEWS ON OUR DINAR INVESTMENT IS SOUNDING STRONGER AND WITH THE BANKING SUMMIT COMING ON THE 27TH COULD BE A GOOD DATE AND I WOULD SUSPECT THEY WILL TRY AND DO THE RV PRIOR IF THEY CAN GET AGREEMENTS IN PLACE BEFORE THE SUMMIT STARTS. AT LEAST THEY COULD AT THIS POINT MAKE IT HAPPEN AND LOOK GREAT TO THE WORLD BANKING INDUSTRY.
1-23-2014 Intel Guru TNT Tony They said they did, but only to the ones they choose. They are trying to tell people they've used up the high rate but we know that on Tuesday they got another 1/2 trillion to fix this problem and make it go away and they gave it to their own people. Every morning I expect this to be over. I expect them to say OK, let's just do this. This could be turned around in 30 minutes. [Post 2 of 2]
1-23-2014 Intel Guru TNT Tony Lots of info came out this morning that they don't want you to know. It's getting worse, they are trying to hide what they have done. We do have some good folks in the banking system looking out for us. The 800 #'s have been passed out to certain groups & they're exchanging today. They are low balling them. 50 cents or $1 while trying to integrate them into the high rate groups so they can say they paid the public. The IMF & BIS made agreements, release 800 #'s to public. [post 1 of 2 stay tuned]
1-23-2014 Intel Guru Stage2Omega THE NDA REALLY DOES EXIST AND WHAT IT WILL DO IS CONVERT YOUR EXCHANGE TO AN INVESTMENT AND CHANGE THE TAX STRUCTURE OF THE TRANSACTION (IF YOU TAKE HIGHER RATES WITH NDA IF AVAILABLE MAKE SURE YOU HAVE AN ATTORNEY WITH YOU BEFORE YOU SIGN ANYTHING). [post 2 of 2]
1-23-2014 Intel Guru Stage2Omega SEVERAL CONTACTS HAVE CONFIRMED THAT THE CLOCK IS REALLY TICKING ON THE EXCHANGE WINDOW SET FOR JANUARY 31ST. SINCE LAST YEAR WE WERE TOLD THERE WOULD BE NO PUBLIC EXCHANGES. ONLY PRIVATE PLACEMENTS, GROUP EXCHANGES, AND EXCHANGES WITH WEALTH MANAGERS. [post 1 of 2....stay tuned]
1-23-2014 Intel Guru Loechin People are exchanging for between $1.85 - $25, those are peeps I know. VNN is between $1 - $6.37. [do you know anyone that has exchanged VNN?] yes, several. In this case the squeek e wheel may not get what they want... My last thought for you...You have invested in a Country that has great resources and Does have a international currency. The best thing to do right now is make sure you have a plan for whatever the rate is. At this point in time we don't know what that rate will be.
1-23-2014 Newshound Guru Adam Montana [I am seeing that the 2014 budget is about to be posted in the Gazette. The currency amounts are very high. If the RV happens soon wouldn't they go back in and change those figures?] Absolutely! What's a little number-fudging to a government official?! : )
1-23-2014 Intel Guru Footforward No rv this month. and no rv in feb. just for anyone who wants to be saved from the madness. i believe I know the date but Im just trying to confirm before i say anything. im waiting for something and when i get it, i will share the reason i believe that, and when i expect we can look for this... not...only the date, but how its going to happen.
1-23-2014 Newshound Guru Millionday Article quote: "As suggested by Prime Minister Nuri al-Maliki, the formation of a national council to oversee the oil wealth in Iraq until the adoption of the law of oil and gas..." so they have agreed to form the committee until the oil and gas law is in place. now they are in the economic summit and the banking conference is right behind it so we are in a great place and maliki is stating that barzani and himself are almost finished with resolve as well -- so very encouraging.
1-23-2014 Newshound Guru Adam Montana [Iraq seems to go on year after year operating on our U.S.D : do they even have a reason to even R.V.?] Yes, they have reason to increase the value of their own dinar. The USD is a great tool while they are working towards an RV, but continuing to use it does them no favors - it just maintains a balance. These people don't want balance - they want prosperity.
1-23-2014 Newshound Guru Tlar Article: "Maliki: the right of the provinces of the petro-dollar is saved in the budget" I think they are close to an agreement. The budget is more important IMO than any other issue in Iraq as it sets the stage for all factions working together on all the hard to pass legislation. In my mind it also sets the stage for monetary reform. If they can get this done quickly we will see the rest of the puzzle on this investment come together. 1-22-2014 Newshound Guru Adam Montana Second, the contracts that are paid in trillions of dinars aren't kept in dinars under some contractors bed...they are converted to another currency. Therefore the "trillions" of dinars have already been converted to millions of (USD or some other currency), which really makes this question a fun brain teaser...but not much of an argument against an RV. We will all see how it pans out one way or another, and hopefully pretty soon! [post 2 of 2]
1-22-2014 Newshound Guru Adam Montana [I have seen where Iraq has paid some contracts in trillions of dinars.what will happen to the trillions of dinars?will they become quadrillions of dollars after RV?] I'll give you my opinion. First, these "trillion dollar contracts" aren't paid out in lump sums - they are paid in installments, just like any other contract. So when the value of the dinar spikes drastically, the future value of the unpaid work is like the future value of a loaf of bread. A loaf of bread that's worth 2000 dinar today is not going to be worth 2000 dinar after the RV. [post 1 of 2....stay tuned]
1-22-2014 Intel Guru TerryK WE ARE SO VERY CLOSE. THE USA IS PUSHING THIS HARD FOR THIS WEEK. MY UST PERSON TOLD ME ON THE CALL SHUT UP IT'S ALL DONE. THEY ARE TRYING TO MAKE THIS HAPPEN BEFORE BIG BANKING.
1-22-2014 Newshound Guru Millionday i think that CBI is working on moving forward with the removal of the three zeros and parliament wont be back in session until najafi returns so the retirement and budget etc is...on freeze frame. the laws they addressing now are part of the budget and actually include the budget but the currency changes and economic reforms are not reliant on those laws -- they can change their currency without the budget done...many countries operate without a budget set. i have no date yet but would love to find one --- trust me when i say -- i am watching, reading and researching to make sure we dont miss it.
1-22-2014 Intel Guru TNT Tony The only thing holding this up right now is pure, unadulterated greed. Last night they manned the call centers and said it was ready to go and they would be exchanging people today. So we waited to see if they would do the right thing. What they did, they paid more of their friends. Every night more & more exchanges are being done, they are not dong the right thing. We know the rate is at the bank. That's the only way people can go into the bank & exchange. Someone at the UST just has to release it. We're not asking for anything special, just treat us fair.
1-22-2014 Intel Guru DC In December, they started paying out political donors and friends. It was suppose to be a minor test of 1 - 2 thousand folks. It turns out to be 50K folks, some are friends of mine. Now to end of January, they've done more test allowing 10k more and now bankers are choosing who gets paid. I say this is wrong. What lots don't know is that UST is sitting on it and it is their call. Nobody is giving definitive message about the 30 days. With the cashing out of this last tier, I believe this 30 day window is now counting down, we do not know. [post 2 of 2]
1-22-2014 Intel Guru DC Iraq has done everything they need to do, passed all the right laws, educated the people, distributed the LD's, removed the 3 zero notes, changed all their contracts to the new rate. They are absolutely ready to go. They have announced it several times and then been embarrassed by US when it doesn't happen. The UN has approved 100% to remove Iraq from CH 7. Iraq in state of suspension. The IMF has bent over too many times for the US and the US continues to delay it. All processes/procedures are 100% complete. [post 1 of 2....stay tuned]
1-22-2014 Intel Guru Okie_Oil_Man GOOD EVENING AMERICA, SHIPS AT SEA AND ALL OUR WORLD WIDE FRIENDS. I WILL NOT BE POSTING UNTIL TOMORROW BECAUSE I AM TOO BUSY POLISHING UP MY DANCING SHOES---NUFF SAID
1-22-2014 Newshound Guru tlm724 the federal government negotiations are continuing with the Kurdistan Regional Government and the crisis of oil exports from the region will end soon. *hallelujah* M [Maliki] is working the HCL as well as parts of art 140, transfer of provinces. [See possible “to do list” in the DinarGuru resource bar on the left...#2 & 6]
1-22-2014 Newshound Guru Adam Montana [I thought they (Parliament) would be working on the HCL and getting into the WTO, which would lead to RV] I can't give an exact date on Parliament, and even if I did they could change it. They are indeed making progress towards resolving the oil laws and I don't think the WTO is a requirement, either legally or fundamentally. Note: they don't have to be in full agreement on the oil situation in order to RV. They can RV and still continue to argue, just like they did before the value dropped. Anyone who thinks they have to all hold hands and sing a happy song together before they will raise the value is simply wrong. [post 2 of 2]
1-22-2014 Newshound Guru Adam Montana I’m sure you’ve all noticed, but there’s a LOT going on in the news regarding oil, Kurdistan, Erbil… this is ALL good for progress on the HCL...Obviously the HCL isn't resolved yet, but we're seeing a major flurry of news on it. I'm pretty excited about it right now. [post 1 of 2....stay tuned] [See possible “to do list” in the DinarGuru resource bar on the left...#2]
1-22-2014 Newshound Guru Kaperoni Article VIII will come soon with a limited number of banks that will be approved by the CBI for global transactions...Article VIII would make the dinar internationally recognized and if the value is truely undervalued (as so many say), it would rise in value as a result of the new exchange regime under Article VIII. [post 2 of 2] [See possible “to do list” in the DinarGuru resource bar on the left...#10 & 1]
1-22-2014 Newshound Guru Kaperoni Article: "North Bank for Finance & Investment" Looks like this bank is gearing up for Article VIII... [...how soon would we know when they go into article 8?] hard to tell. The CBI (Turki) has to write a letter to the IMF, and hopefully that would be published under IMF Press Releases. The actual website on the IMF updates a month behind or so, so it could be a few weeks unless the media publishes something. At this time, they are not in compliance so I would not be looking for it. Once the CBI lowers the spread (within 2%) as required, then I will start to get excited. [post 1 of 2....stay tuned]
1-22-2014 Intel/Newshound Guru Poppy3 A DIRECT REPORT SENT TO CONGRESS LAST MAY...PLAINLY SHOWS THEY WHERE EXPECTING IRAQ TO RV AT AROUND A DOLLAR DURING 2013. ALL REPORTS I AM GETTING NOW SHOWS THEIR INFLATION IS STILL RISING FAST AND SAYS THEY ARE TRYING TO GET US OUR MONEY.
1-22-2014 Intel Guru Freeway Bill WHO knows anyone that has been paid spendable cash money for their dinar as of this date? WHO? NOBODY! What actual PROOF does ANYONE have that banks are paying people out on a preferential basis with real spendable money? What PROOF? NONE! ...I believe that we are in a very good position. How soon? I can't tell you because I DON'T KNOW FOR SURE! YOU CANNOT MAKE THIS HAPPEN, YOU DON'T HAVE THAT AUTHORITY OR INFLUENCE AS ONE OR AS A MILLION.
1-22-2014 Newshound Guru Millionday [Is this banking conference completely different than the one that was held last year?] ...i think or i should say i know that its outcome and their position is totally different than it was last year. [In light of all that's going on now, are you still thinking RV before the conference?] i am hoping that it is but we have no date that has been given to us at all --- i hope they do it before we all lay our heads on our pillows but they havent announced it yet --- before the conference would make sense but we shall see. last year they were not ready at the banking conference but i have to say -- maliki has at least stood up and handled the services -- army etc and made a difference ---they have come a long way but maliki is still maliki too. 1-21-2014 Intel Guru Footforward There are early cash outs going on but not at the scale that people are suggesting that it is. The $28, $32, & $36 rates are not happening. I do not believe that we are being cut out. Maliki is not a problem. If he was he would have been removed.
1-21-2014 Newshound/Intel Guru BGG Maliki's own son - when asked about the "grossly under valued" currency - fully acknowledged they feel they can't win without currency reform. This was their line a couple of months ago...but encouraging it came from direct within the Maliki "inner circle".
1-21-2014 Intel Guru DC The major problem was the way this has been rolled out since December, the cards stacked against the everyday guy. We deserve a level playing ground. That's what the USA is all about. We believe some of that has made some progress but we have not seen any evidence. We are optimistic they will do the right thing. We're ready to get this done, hope the good wins out today. It seems like they're moving forward. [post 2 of 2]
1-21-2014 Intel Guru DC We had lots of indications that things are trying to go down right now...but due to the snowstorm, the whole city is shutdown. I said are you kidding a snowstorm is slowing down the international revaluation? Yes, that's basicly what I'm being told by credible folks. All is in place. The call centers & exchange centers are up and ready to go. We heard progress was made on $32 vs $3 rate. Not everyone is going to get the high rate, we know that. [post 1of 2....stay tuned]
1-21-2014 Newshound Guru tlm724 Article quote: "The Banking Act new completed long ago by the Central Bank of Iraq and was sent to the State Council for the purpose of discussion" we have been waiting a long time to see the banking law brought before parliament! the new law carries great advantages AND modeled in accordance with ...GLOBAL BANKS! [See possible “to do list” in the DinarGuru resource bar on the left...#7]
1-21-2014 Intel Guru TerryK FIRST, OF ALL THERE IS NO 800 NUMBERS. TWO, THE SO CALLED CONTRACT RATE IS MADE UP. IF SOMETHING WERE TO CHANGE ... I WILL GET A CALL FROM SOMEONE WHO DOES BANKING WITH CBI DIRECTLY.
1-21-2014 Intel Guru TNT Tony I'm hearing some things are going on, some things are positive but I don't have proof yet...hearing from lots of folks things are in motion. There are meetings going on now and some good folks in the system are fighting for you right now. We need to give them that time to fix it. I heard from Iraq this morning and yesterday all provinces have cards loaded, and lower denoms were delivered to the banks & passed out. Also got a call yesterday from a friend in Saudi Arabia and the rate was $3.71. They can exchange but we cant yet. We are hearing something...is it 100% what we want? No. We do expect something, we don't expect $3, the word is we are past that. If something happens we'll come back later.
1-21-2014 Newshound Guru Millionday we dont have a date yet but it looks as if they are working on getting a lot of things done very fast...i am shocked by the many things they have gotten done very fast...this is good that kurds and Iraq are in a hurry. it looks like they have had three meetings in such a little time it is crazy...its unheard of too by what we have seen -- wow.
1-21-2014 Intel Guru Dinar Wishes It’s not as simple as pushing the button. The timing has to be perfect basically. BASEL III is the beginning… it’s a GLOBAL thing. If it was just Iraq, it would have been done... [why did Kuwait do it in a few years and this one been dragging out for 10+?] Because it’s not just Iraq, its 134 countries and Basel III. [How many chapters still need written?] Me personally…I think its pages. The signs are there. It’s needed but nobody knows when it will happen...know it’s in motion and be happy you’re a part of the ride. Not to mention it is proposed to be a controlled float.
1-21-2014 Newshound Guru Kaperoni Article: "Specialists are advised to apply the deletion of zeros instead of issuing currency large classes" Iraq cannot set a rate for their currency. Under the new monetary agreements and conditions set forth with the UN they follow the IMF and WB guidelines like most countries. Those conditions use fundamental monetary policies. Iraq's goal is to make the dinar a world currency and hard currency someday. That cannot happen with a "par" or "predetermined set rate”. Exchange rates under the IMF are now being set by "supply and demand." Iraq must float it's currency and let the world decide.
1-21-2014 Intel Guru Dinar Wishes Truth is…this is a real thing. Truth is…NOBODY knows when this will all be over. TRUTH IS…nobody should expect any rate over what it was when it was devalued. Logically what on heavens name could make anyone think that the currencies in question could possibly be many times more than the USD? Not gonna happen. 3.47 times more…. sure no problem…4 maybe 5... I could see that for a couple reasons…but 32.00 – 26.00? NOT GONNA HAPPEN. Someone sees a back screen with a placement/hidden rate and they think that is it. I have seen 52.00 once as a holder. It’s not the rate.
1-21-2014 Intel/Newshound Guru Poppy3 THEY STATED THE BUDGET, EVEN THOUGH THEY HAVE STATED MANY MANY TIMES, HAS BEEN AGREED TO...WILL NEVER BE PASSED TILL AGREEMENTS WITH KURDS HAS BEEN SETTLED. THIS ISN'T THE BEST NEWS BUT IT ISN'T BAD EITHER. THEY KNOW WHAT HAS TO HAPPEN AND THEY ARE LIGITMATELY PUSHING TO MAKE IT HAPPEN. TIME WILL TAKE CARE OF THE PROBLEM. [post 2 of 2]
1-21-2014 Intel/Newshound Guru Poppy3 HERE IS THE LATEST I HAVE HEARD DIRECT FROM BAGDAD. MUCH DISRUPTION WITHIN ALL PARTIES AND THE DIVISION IS WIDE SPREAD AT THIS TIME. THE BEST PART OF THE NEWS AT THIS POINT IS THEY HAVE SCHEDULED MEETINGS TO TRY AND SOLVE THE DIFFERENCES. THEY HAVE SEVERAL DIFFERENCES THAT WORD ON THE STREET SAYS THIS WILL TAKE MORE TIME THAN ANY OF US HAVE EXPECTED. THERE ARE SUPPOSEDLY 8 ISSUES BESIDES JUST THE OIL ISSUES BUT I WAS TOLD IF THEY CAN GET PASSED THE OIL TRADE ISSUES AND THE % THAT IS BEING PAID FOR THE OIL THEN MOST OF ALL THE OTHER ISSUES CAN BE SOLVED VERY QUICK BUT THOSE TWO HURDLES ARE THE BIG ONES. [post 1 of 2....stay tuned]
1-21-2014 Newshound Guru Med MY THOUGHTS ON THE DINAR: TO ME THIS IS GONNA SNEAK UP ON US AND HIT US WHEN WE LEAST EXPECT. NOW WILL THEY MOVE TO A TRADEABLE IMMEDIATELY? I AM NOT SURE. I WOULD REALLY LIKE TO SEE IRAQ MOVE INTO ARTICLE VIII WITH THE IMF. THIS WOULD BE A BIG STEP IN SHOWING HOW SERIOUS THEY ARE ABOUT INTERNATIONAL CURRENCY AND TRADE. [See possible “to do list” in the DinarGuru resource bar on the left...#1]
1-20-2014 Newshound Guru Millionday outside the country -- the exchange rate changes create a huge effect--- the US of A due to the executive order have the large denomination currency as well -- so as international law and macro economics show us -- each country has to respect the face value of the currency they have issued /sold etc---- and that will remain what it says – however they are able to apply regulations and time constraints... the cash in we are waiting for IMO will have time constraints. [post 2 of 2] [See possible “to do list” in the DinarGuru resource bar on the left...#10]
1-20-2014 Newshound Guru Millionday the changes in the country and outside are totally different -- let me explain - in country when they remove the three zeros they are referring to what they call the currency...when the forced change was made they referred to the new larger denominations the "three zero currency" and they are removing them with also removing the three zeros from the prices as well...as we know this is a huge event because this goes to all debts and rents within the country. [so the 10,000 note becomes 10 in-country?] the prices in country will also become 10 dinar and the pay will become 10 dinar etc and then... [post 1 of 2....stay tuned]
1-20-2014 Intel Guru Okie_Oil_Man WE NEED TO TAKE A POSITIVE ATTITUDE OF EVEN THOUGH THE MORE CONNECTED IS EXCHANGING, AT LEAST THE MONEY HAS STARTED ROLLING AND EVENTUALLY WILL WORK IT'S WAY DOWN TO US. WE STAND AT THE THRESHOLD OF A NEW ERA THAT REMINDS ME OF PRES. ROOSEVELT ON DEC 8TH, 1941-"WE WILL WIN THE INEVITABLE VICTORY, SO HELP US GOD". KEEP THE FAITH AS IT WILL NEVER BE REWARDED TO THE DEGREE THAT IT WILL NOW. [post 2 of 2]
1-20-2014 Intel Guru Okie_Oil_Man FIRST, THERE ARE NOT GOING TO BE ANYONE LEFT OUT OF R/V BECAUSE OF TIME CONSTRAINT. IF THERE ARE ANY RELEVANCE TO THE TIMING IT WILL BE IN THE RATE AT THE TIME OF YOUR EXCHANGE THAT MAY/MAY NOT BE DIFFERENT. SECONDLY, THEY ARE NOT A SPECIFIED ONLY AMOUNT THAT WHEN EXHAUSTED THERE ARE NO MORE AVAILABLE. THE PRIVATE EXCHANGE PROCESS IS IN EFFECT AND ALTHOUGH NOT SEEN BY MANY, IT'S STILL PROGRESSING. [post 1 of 2....stay tuned]
1-20-2014 Intel Guru DC The $3 rate is a slap in the face to all of us who have been waiting, especially when your friends have cashed out at $32. I know we have been concentrating on this incredible injustice...It’s just too wrong on every level. On the more positive side... Once this gets moving, it’s going to be incredible. This will have a tremendous effect on the economy – it’s breathtakingly amazing in terms of how unemployment will go down, and the economy will go up. It’s all ready to go at any minute...everything’s been taken care of. All they have to do is let it go. There are no problems, it is just sitting, and this for all currencies, not just dinar. It’s my understand that all the currencies will go together, so let this thing go! [post 2 of 2]
1-20-2014 Intel Guru DC [via Adept1] Starting December 1, many politicians and connected people exchanged. It was just supposed to be for a day or two before it was announced to us. Most of them are appalled that this has happened, but now they are part of it. Then all their friends got involved, and the administration let 50,000 people cash out. They let it drag on, then a few weeks ago someone said that to bring the next tier “as a test”. That was supposed to be a thousand people, not 50,000. The international agencies encouraged the banks to give it to the ordinary people. They said, “Okay, we get it, and we will…” but it keeps on cashing out the wealthy while holding off the official revaluation...which is affecting the entire world and especially Iraq. [post 1 of 2....stay tuned]
1-20-2014 Intel Guru Delta Article: "CENTRAL BANK OF SULAIMANIA STILL AWAITS BUDGET." ...ONE HUGE ARTICLE. THE CBI HAS 3 LOCATIONS, ONE OF THEM IS IN SULAIMANIA NORTHERN IRAQ. THIS HUGE BANK IS STATING THAT THEY HAVE NO MONEY. PEOPLE ARE GOING TO PULL SOME MONEY IN IQD, BUT THE BANK IS STATING WE HAVE NO CASH TO GIVE YOU. IS THAT POSSIBLE? I DO LIKE THIS ARTICLE CUZ IT GIVES US ANOTHER PROVE THAT THE CBI GOT ALL THE DINARS FROM BANKS, EVEN FROM THEIR OWN BRANCH IN NORTHERN IRAQ. IMO...THE LD'S ON THE WAY WITH A NEW RATE.
1-20-2014 Newshound/Intel Guru BGG [until they do something with maliki we are in a wait mode, this could go to april or longer if maliki gets reelected] there is talk the Maliki gov't needs currency reform to have any chance at reelection.
1-20-2014 Intel Guru TNT Tony We got a message from Iraq yesterday: throughout the country, all the people have money on their cards. But they still want to stand up and say our money is international. They are upset about this, and other countries are as well. It’s not even our government holding this back now, they have released it to the banks, and now THEY are holding it up. The BIS and IMF have highly recommended that something be done by tomorrow, as I understand it. [post 2 of 2]
1-20-2014 Intel Guru TNT Tony [via Adept1] I now for a fact, from bank people, that they were still paying out people out on Saturday, but they are not paying YOU. Up until 1 December there was nothing we could do about that. But since then the bankers have paid out all those people, and we could get paid and we haven’t been paid. They are going to do it eventually, so why should we continue to suffer while they cash out all their friends. Someone has to do something about this, but all they are doing is having the meetings about the meetings about the meetings. If you know what you are going to do anyway, why not do it now? Or a month ago? [post 1 of 2....stay tuned]
1-20-2014 Intel Guru Jester SOME PEOPLE ARE STATING TO WATCH FOR THE RESET IN THE NEWS... AND FINDING IT TOO.... I READ THE USA TODAY ARTICLE A COUPLE DAYS AGO ... I THINK PEOPLE ARE FINALLY STARTING TO SEE WHAT WE HAVE KNOWN FOR SOME TIME... IT IS ONLY A MATTER OF TIME...THEY WILL GET IT DONE WHEN THE TIME IS RIGHT... FOR THEM... FOR THE SYSTEM...AND THAT WILL BE GOOD ENOUGH FOR US.
1-20-2014 Intel Guru Studley The misinformation has reached a fever pitch, read between the lines, for security reasons, and so certain groups can't sabotage the momentum. THE RATES AND DATES WILL NOT BE RELEASED, GIVEN HINTS ABOUT, OR SHOWN UNTIL THE VERY LAST MINUTE. Be very encouraged at this time, we have the perfect financial and political environment for what we are looking for... and know prosperous times are coming very soon! [post 2 of 2]
1-20-2014 Intel Guru Studley This global reset is progressing as it should be. The process is painstaking and tedious, there have been many adjustments and corrections along the way. Are there setbacks, and roadblocks, of course, but the people in charge have addressed and corrected all issues in their way so far. They have been able to detect and correct problems a lot quicker, which is a great sign! [post 1 of 2....stay tuned]
1-20-2014 Newshound Guru Millionday they need a date too --- it is hard to plan out a business plan if you only know change is a comin`...this is great news...moving to opening up the economic market and the stock market. [DO they need to have an international recognized currency to open up the stock market?] yes, they do. [so they are sharing the plan, but not the time frame?] yes, that is right -- the plan but not the date but they have said that they need the date released. [post 2 of 2]
1-20-2014 Newshound Guru Millionday Article quote: "the state administration economic adviser in the Prime Minister Dr. Abdul Hussein Al-Anbuge between the "efficiency lies in the private sector, not in the state administration" remember the heart of a healthy economy is the private sector -- this is noting that they are moving it forward fast. they are prepared and have a plan they are following as written. ...other experts from outside of iraq have helped them in getting everything set for placing themselves on the stock market and to activate it all as it is planned. [post 1 of 2....stay tuned] 1-19-2014 Newshound Guru Kaperoni Article: "Central Bank of the Region-Sulêmanî still awaits budget" This clearly now explains what is going on with the Kurdish region...Maliki is holding money back to the region. I would assume he has instructed Turki to keep the money out of the Kurdish banks until the budget is passed which puts pressure on the Kurds to agree to the budget. So we all wondered why they were not getting paid, or why there was no physical currency, now you know....Maliki.
1-19-2014 Newshound Guru Stryker Well it seems that Barzani's visit today worked as some breaking news has just come out of Iraq, Deputy Prime Minister for Energy Hussain al-Shahristani is in an agreement with the Kurdistan Regional Government to export of oil, according to a unified mechanism. This unified mechanism will allow the export of oil and within a few days we should see the 2014 Budget back on track which means we could be looking a stop to all delays in Economic Reform. [post 2 of 2]
1-19-2014 Newshound Guru Stryker Kurdistan's President Barzani arrived in Baghdad today to meet with Prime Minister Maliki and to resolve the outstanding issues holding up the 2014 Budget. Where it had looked like all of those...issues were resolved a few weeks back here came yet another issue. The Kurds announced they were ready to export oil through Turkey to the worlds market place. It seemed that Maliki and Barzani had it too all worked out right before the end of 2013 but Deputy Prime Minister for Energy Hussain al-Shahristani stepped in and stopped the deal causing yet another chaos to occur. [posted 1 of 2....stay tuned]
1-19-2014 Newshound Guru Med I LIKE THAT MUTLAQ HAS CALLED FOR THE RESIGNATION OF MALIKI...IF HE RESIGNS I EXPECT THAT HE WILL NEED TO ESCAPE IRAQ AT ONE POINT IN TIME. ONCE THEY GET AT THE ROOT OF THE CORRUPTION I BELIEVE HE WILL BE ARRESTED AND PROSECUTED IN ABSENTIA LIKE HASHEMI AND GET A DEATH SENTENCE. IT IS OBVIOUS THAT MALIKI HAS USED HIS OFFICE TO STEAL THE LIFE BLOOD FROM IRAQ. [post 2 of 2]
1-19-2014 Newshound Guru Med I AM STILL IN THE BELIEF THAT THE MAJOR ISSUES WITH IRAQ AND I AM CERTAIN THAT CBI AND WHOMEVER IS GIVING INFLUENCE FROM THE IMF AND THE U.S. AND UNITED NATIONS THAT IN ORDER FOR IRAQ TO SURVIVE A MAJOR CHANGE IN THE VALUE OF THE CURRENCY TWO THINGS NEED TO HAPPEN. FIRST THE SECURITY OF THE COUNTRY -- IT IS ATROCIOUS...AND NEXT IS CORRUPTION -- I AM NOT SURE THAT CBI AT THIS MOMENT IS WILLING TO TAKE A LEAP OF FAITH AND REVALUE. [post 1 of 2....stay tuned]
1-19-2014 Intel Guru Jester I AM HEARING SOME THINGS... LOTS HAVING TO DO WITH THE PLAN AS EVERYONE SAYS... AND IT IS STILL ALL A TIMING ISSUE...THE BANKS ARE NOT HOLDING THIS UP...I AM OF THE OPINION THAT THINGS ARE MOVING ALONG... WE SEE LITTLE VICTORIES EACH DAY... IT IS MOVING THE RIGHT DIRECTION...
1-19-2014 Newshound Guru Kaperoni [What is Iraq's current status regarding Article 8?] they are not compliant under article XIV. Article VIII is a one way street, once they accept, they can never go back...so the IMF makes sure they are compliant prior to acceptance. [I thought all they needed was to get the rates within 2%] that is the main one, yes. Several are still an issue, but can be resolved quickly. The official rate/market rate spread takes time...until the CBI can demonstrate that they can manage the dinar effectively at the 2% spread, the IMF will not let them move to a new regime under Article VIII. And as everyone knows, Article VIII is what we want. [See possible “to do list” in the DinarGuru resource bar on the left...#1]
1-19-2014 Intel Guru Bluwolf ...from the beginning we have explained about the 3 tiers and how that would work...We have explained how China is playing its role in all this, about the trillions of dollars that they are putting into this investment and also about what they are wishing to happen for the prosperity of the entire world. The rates will be appealing to all...it is finally here, about to be released and at a very high rate.
1-19-2014 Intel Guru Dinar Wishes Here is the truth of the matter… We don’t know when, nor do we know how much… NOBODY DOES… BUT, what we do know is it is going to happen.
1-19-2014 Newshound Guru Millionday the electronic banking card system is completed in Iraq -- it is on arabic side of banking union and cbi -- (i believe i also saw it on cbi) but it has been completed and they are adding private banks for state employees pay.
1-19-2014 Intel Guru Hub i dont know if you know how my info works, but i believe in the economic principles and the way they work and certain financial intel... so i told yall that one contact with bro in law in iraq said he thought the rv was going down in iraq thursday, well 30 mins ago [Saturday], a good friend thats with a BIG oil co, said they had just in the last day or so signed a $20-30,000,000 contract in iraq. this is not extremely high, but it is substantial, just proving things in iraq are moving along and the country has to conform to principals of doing business...remember, iraq must have a valued currency to operate... [I really hope that that is happening. It would be wonderful for all concerned.] it is, so just hang on...it looks like it could go now, just my...opinion.
1-19-2014 Intel Guru Bulldog75 We expressed last week that we were to see a temporary state of: confusion, misdirection and mayhem; but to simply remain composed and confident. We have the utmost confidence this CE will mature within a short day or two.
1-19-2014 Intel Guru Cap1 WILL TIER ONE PEOPLE GET HIGHER RATES THAN THE REST? YES. THAT'S JUST THE WAY IT IS. BUT NO ONE IS TRYING TO KEEP YOU FROM EXCHANGING. YES, THERE IS A PROCESS THAT IS "IN PROCESS" AS WE SPEAK. ALL WILL BE FINE. IT'S JUST A PART OF THE PROCESS AND WE HAVE TO WAIT OUR TURN. AND OUR TURN IS RIGHT UPON US. SO BE HAPPY! GET EXCITED! FOR THIS RIDE IS JUST ABOUT DONE. YOUR SOCKS ARE FIXIN TO BE BLOWN OFF! [post 2 of 2]
1-19-2014 Intel Guru Cap1 I DID WANT TO ADDRESS ONE THING TONIGHT...ONE, THIS HAS BEEN A VERY LONG JOURNEY. I AND OTHERS HAVE TRIED OUR BEST TO GIVE YOU THE TRUTH AND THAT'S WHAT I WANT TO ADDRESS TONIGHT. 1. THERE HAVE ALWAYS BEEN TIERS 2. THERE HAS ALWAYS BEEN A PRIVATE EXCHANGE GROUP 3. THERE HAS ALWAYS BEEN THE PUBLIC. REGARDLESS OF WHAT YOU HEAR ...THIS IS THE TRUTH. [post 1 of 2....stay tuned]
1-19-2014 Newshound Guru Millionday [Hopefully that does not mean a redenomination nor a LOP?] a redenomination is what is going to happen in the country...in country when the currency is resulted by the new rate and new prices as in 5, 10, 25, 50, 100, 250, 500, 1000--- that is what we want because the only thing that will cause the prices to change so that they need those amounts of currency is a change in what they spend to develop and market at new exchange rates with the globe...the change in what amount or value they need on their tender is done by redenominating as in removing the three zeros. [post 2 of 2]
1-19-2014 Newshound Guru Millionday Article: "Parliamentary Finance Committee: deletion of zeros from the Iraqi currency, the dinar serve, but the central bank is ready to replace the Currency" they announced that CBI has stated that they are now ready to remove the three zero currency...all ready to go and replace it as well -- they have had torn and hard to deal with currency. [post 1 of 2....stay tuned]
1-19-2014 Intel Guru TNT Tony I want to give you some good news if there were some good news to give you. They are saying they will give you something on Tuesday morning. They have said this before, of course. I would be alright with that if they would just get on with it. There are call centers and wealth managers manned, doing nothing. The wealth managers are still being told who they can call in for a certain rate...they say it’s not happening, but I know that it is happening. This is there, at the banks, and the only thing holding it up is greed. [post 2 of 2]
1-19-2014 Intel Guru TNT Tony The banks have sent out messages to their wealth managers saying “Don’t confirm or deny!”, but they are still cashing people out even as we speak. They beat us out of the 36, and now they are trying to beat us out of $32! They will try to run it out until those 30 days are run out. The meetings have all been about covering up the RV rather than make it come out right... [post 1 of 2....stay tuned]
1-19-2014 Intel Guru TerryK CHINA IS PISSED TO THE POINT THEY HAVE THREATENED...LEAVING THE USA BEHIND...AND BRINGING THIS IN THEMSELVES... NOW IF CHINA DOES THIS THE RATE WILL BE STRONGER AS O [OBAMA] IS THE BLOCK BETWEEN THE UST AND THE IMF. THAT'S THE HOLD. TAKE IT FOR WHAT ITS WORTH...BIG RUMOR. 1-18-2014 Newshound/Intel Guru Randy Koonce Non Disclosures are not for the individuals who are buying dinar so they do not matter...They were for major banks and News agencies, which is why the news will not cover the RV and that almost none of the banks talk about it... The window I gave that went to Sunday has moved because the IMF and UN have no resolve. So it moved to Monday morning...if we pass that date then guys I believe we will be here at least to the Election which starts in April. I do feel strong we are just about done but this thing has made so many turns it looks like a snake around your arm. Check www.cbi.iq every day to see if it has changed...Breathe. [post 2 of 2] [The Official CBI rate is also listed in the Dinar Guru Resource Bar listed on the left of the screen]
1-18-2014 Newshound/Intel Guru Randy Koonce ...the IMF and UN have not been very forceful in making Iraq complete the things they agree upon... After such the IMF in the urgency to get this RV done was to give Maliki more concessions, which creates a spoiled kid effect which Maliki does not need more of...If anyone thinks the RV is not going to happen they need to sell out, I on the other hand will not sell even if it took 5 more years because the currency that you hold will one day go back to its value it has maintained for a long time in the 70s. [post 1 of 2....stay tuned]
1-18-2014 Newshound Guru Bondlady Article: "Deputy for the Kurdistan Alliance: delay is better than creating a budget crisis" [its getting hard with so many different opinions in the news over this subject.] yes, its escalating now but its not a bad thing its pressure and we're likely to see the HCL come out of it so they don't have to go thru this every budget year and complete art 140...always a silver lining somewhere. [See possible “to do list” in the DinarGuru resource bar on the left...#2 & #6]
1-17-2014 Newshound Guru Millionday I see in the hurrying and rush that they have reached the end of time they were expected to have the hcl law in place...many people think that the timeline has been put off etc -- but i think they have been within where they expected to be.
1-17-2014 Newshound Guru Kaperoni Article: "Parliamentary Finance Committee : deletion of zeros from the Iraqi currency, the dinar serve , but the central bank is ready to replace the Currency" it is clear that the CBI, Parliamentary Finance Committee (and the citizens) are ready, yet the GOI/CoM Maliki are holding this up. [how can the CBI be ready if they are not in compliance with the IMF to go to Article Ocho?] ready is a sense of preparations. [See possible “to do list” in the DinarGuru resource bar on the left...#1]
1-17-2014 Intel Guru DC [what happened to the claw back?] that is being argued right now, though not successfully. I do not have faith they will do what they should. Obviously the people who got the $38 bucks are arguing against the claw back. We all know this is not the right way to do this. This is solvable by one thing - just release it. [post 2 of 2]
1-17-2014 Intel Guru DC Who has completed what: Iraq is 100% clear. The IMF has had thousands meetings, all agreed on rates, and has done a very good job facilitating. UN - Ch7 is all done, all items are accomplished. China has assisted in this process. Many bad guys have been caught. UST loaded new systems, they are fully operational, tested and approved. Security has met and been briefed. The White House has agreed that this should go forward and have negotiated a high rate. For those that think there is one more issue - There is not. [post 1 of 2....stay tuned]
1-17-2014 Intel/Newshound Guru Poppy3 ALL IS WELL WITH THE MOVEMENT OF THE RV HAPPENING. SIGNS ARE ALL STILL GOOD THAT IN SPITE OF MALIKI AND HIS...INFRACTION AND DISTRACTIONS THEY CONTINUE TO MOVE FORWARD. ALL WE CAN DO IS RELAX AND MAKE PLANS FOR POST RV.
1-17-2014 Newshound/Intel Guru BGG [...could you comment on the validity of the Vietnamese dong and the Zimbabwe revalue GCR rumors please?] The Dong is (genuinely) reported to be a year or two off...and if you think Iraq is volatile - stay away from Zimbabwe.
1-17-2014 Intel Guru TNT Tony This isn't what China or the IMF agreed to. Pay the ones you pick. I'm really upset. There are a lot of 3 letter agency people who agree with us. Also, government people who said they never knew it would go this way and then there is a bunch of greedy SOB's who absolutely continue....they don't care. They changed the rate to $6 and that is supposed to make us happy when they got paid in the $30...to take all the contract rate and then let us in for $3/$6. Just isn't right. Somebody has got to stand up and say that and do something about it. Not just have another meeting about it. Today, they continue to cash out more people. They can do it whenever they want to. Nobody holds it back except them. I'm still hopeful for today. It could happen in the next 10, 20, 30 minutes. It's in their hands, let's see what happens. [post 2 of 2]
1-17-2014 Intel Guru TNT Tony The impression I have right now is they just don't care. I didn't mind that the administration got paid, congressman, etc., I don't like it but can live with it. We can live with senators and elite getting paid but not their relatives and friends and they got paid at $38, $36 and $32. They are using up the contract rate for their own privileges, their families, their friends. I could live with that if we were getting our turn but they kept stringing us along, when their intention was to never let us have that rate. Now, they have turned it over to the banks! They are deciding which of their clients get this...who they are giving this rate to. They are picking their own people who have accounts & have been in control of for years. Not right. [post 1 of 2....stay tuned]
1-17-2014 Newshound/Intel Guru BGG in early December (when I said between now and about Jan 15th would be an opportune time) that left about 45 days...things were moving right along. Still are - however, Anbar and this nastiness Maliki has cooked up wasn't even on the radar and though it is mostly political diversion and the world is generally calling him on it - it still takes something to get sorted out.
1-17-2014 Newshound Guru tlm724 Article quote: "Nassif demanding calculates the share of Kurdistan, according to the budget was handed over to the government from oil revenues during the past two years" guess we will have to wait to see how this all plays out for HCL...Kurdistan sent a loud and clear message to Baghdad yesterday. they pulled enough MP's out of parliament so there couldn't be a majority vote, that is powerful stuff. Kurdistan has the numbers right now, its a power play and this power play may just be the catalyst we needed to finally see the HCL passed after all these years, it's a good thing imo. [See possible “to do list” in the DinarGuru resource bar on the left...#2]
1-17-2014 Intel Guru Frank26 DELTA, NOVA and I feel that the CBI is working on the monetary reform in conjunction with the IMF. We see the CBI trying to take full control of all the IMF requirements. This is exciting and it should be an honor to be involved on such an epic moment in world monetary history. [post 3 of 3]
1-17-2014 Intel Guru Frank26 IMO, there is a website that was hosted by a company in Texas whose services are no longer required. Bye bye old website. Hello new CBI website. Why does the CBI want to get away from their Texas server?...Because they want their own IP! They want to be in CONTROL of their own CBI website. the IMF told them to get into Article 8 ASAP...that's what I see them doing. So now you understand there are no buy/sell figures...there is no 1166 posted...there is no CBI official website up yet. [post 2 of 3....stay tuned] [See possible “to do list” in the DinarGuru resource bar on the left...#1]
1-17-2014 Intel Guru Frank26 the CBI website...Did it come back up today? 99.9% of you will say yes based on the fact that you see the English side but what's on the Arabic side? Nothing...and that is the most significant thing to realize. “THE” official website of a country's central bank is only in their language. Today [Thursday] on the CBI website English side you saw outdated info because there was nothing to translate up to date from the Arabic side. What we are seeing on the English side is useless. So let me ask you once again...did the CBI website come up today? No. They are still working on it... [post 1 of 3....stay tuned]
1-17-2014 Intel Guru BWM I was told no expectations of an RV this week and there are several issues that are still being addressed...
1-17-2014 Intel Guru Stage2Omega 6. THE BANKSTERS DO NOT WANT THIS INFORMATION TO GET OUT TO THE MAIN STREAM MEDIA 7. CHINA OPERATES AND DOES BUSINESS WITH HONOR 8. THERE ARE GOOD GUYS, ELITE, WHALES, AND VERY POWERFUL PEOPLE WHO HAVE "TEETH" ONCE THEY SEE WRONG HAS BEEN DONE 9. THE ADMINISTRATION DOES NOT WANT THIS TO GET OUT TO THE MAIN STREAM MEDIA.
1-17-2014 Intel Guru Stage2Omega 5. MORE NOW REALIZE THE PLAN TO NEVER GIVE DINAR LAND THE HIGHER RATE CAN NOW BE JUSTIFIED BY SAYING THE HIGHER RATES WERE OFFERED TO THE GENERAL PUBLIC, BUT ONLY THE SELECTED GENERAL PUBLIC, IE "THE DOUBLE, TRIPLE & QUADRUPLE DIPPING JUST WENT LIVE NATIONWIDE AT THE BANK LEVEL.
1-17-2014 Intel Guru Stage2Omega 1. THE WORLD IS FED UP 2. THE CLAWBACK CLAUSE NEVER EXISTED AND THE WHALES ARE EXCHANGING THEMSELVES FRIENDS, FAMILY, EXECUTING MORE POLITICAL GAIN & BUSINESS FAVOR 3. THERE ARE MANY ELITE WHO KNOW WHAT IS TAKING PLACE IS ILLEGAL USE OF POWER AND TRUST 4. THERE ARE GROUPS OF ELITE AND WHALES IN THE PROCESS OF TAKING ACTIONS AS THEY HAVE NOT EXCHANGED.
1-16-2014 Intel/Newshound Guru Poppy3 THINK ABOUT THIS, THEY NEED 3000 TRAINED PEOPLE TO PLACE IN POSITION TO COLLECT TARRIF TAXES ON IMPORTED GOODS, THEY HAVE TO HAVE THE RV TO PAY THE PEOPLE ACCORDING TO THE HCL LAWS AND THEY HAVE A LONG WAYS TO GO TO QUALIFY FOR THE MEMBERSHIP TO THE WTO SO THEY NEED TO RV VERY SOON TO ACCOMPLISH THIS WITHIN THEIR APPOINTED TIME. ONLY TIME WILL TELL WHEN THEY ARE GOING TO GET SERIOUS ABOUT MEETING DEADLINES. [post 2 of 2] [See possible “to do list” in the DinarGuru resource bar on the left...#2]
1-16-2014 Intel/Newshound Guru Poppy3 RUMOR MILL SAYS TODAY THAT BAN KI MOON HAS GIVEN THEM 6 MORE MONTHS TO COMPLETE ALL THE AGREEMENTS THEY AGREED TO WHEN RELEASED FROM CHAPTER 7 SANCTIONS. GUYS THIS COULD BE GOOD BECAUSE IT WILL TAKE TIME POST RV FOR THEM TO COMPLETE ALL THE THINGS THAT HAVE TO BE ACCOMPLISHED TO MEET ALL THE DEADLINES. [post 1of 2....stay tuned]
1-16-2014 Newshound/Intel Guru BGG On Iraq TV today - a group of economists saying the GOI/CBI need to be (approximately) making preparations for the currency change over.
1-16-2014 Newshound/Intel Guru Eagle1 All of the evidence in front of me suggests that China is going to pull the trigger on the GCR in cooperation with the CBI. Will they do that this weekend? Could be! Let's just leave it that the event is absolutely imminent. I'll take it one step farther by saying that we are literally on a moment-by-moment basis. I won't speculate on the various rates of the currencies...but everything I've heard from within my sources (IMF, WTO, banks and USG agencies) tells me that the numbers have not shifted much from what I have previously discussed... [Reference Delta, Frank26 & Eagle1's post: Date and Rate opinion; 8-16-2013]
1-16-2014 Intel Guru Okie_Oil_Man THE RATES GIVEN YESTERDAY MAY BE SUBJECT TO CHANGE. WE AWAIT FOR THE EXPLANATION AND INFORMATION ON HOW TO PROCEED WITH THE PROCESS, AND POSSIBLY THE RATE CHANGE. KEEP THE FAITH AS THIS IS GOING TO R/V, IT JUST MAY NOT BE EXACTLY WHAT WE EXPECTED BUT WILL STILL BE QUITE A BLESSING AT WHATEVER RATE DECIDED UPON. [post 2 of 2]
1-16-2014 Intel Guru Okie_Oil_Man NOTIFICATION THIS MORNING IS THE RATE IS STILL BEING DISCUSSED AND PROBABLY CUSSED. THE RATES POSTED LAST NIGHT WAS VALID BUT IT MAY/MAYNOT BE IN EFFECT NOW. THERE ARE CASH OUT'S TRANSPIRING IN DIFFERENT LOCATIONS ACROSS AMERICA AND APPEARS TO BE ON A DISCRIMINITORY (SP) BASIS. PRESENTLY THERE ARE CONFUSION AS TO THE PROCEDURE FOR CASH OUT, WHICH AS I UNDERSTAND IS BEING WORKED OUT. [post 1of 2....stay tuned]
1-16-2014 Intel Guru Bulldog75 THIS IS STILL ABOUT THE GOOD VS THE BAD GUYS. THIS CE HAS GOTTEN DOWN TO 1.) POWER 2) MONEY/GREED. [Excited?] OF COURSE. AM TIRED OF PLAYING THE "HORSHOE GAME OF CLOSE ENOUGH TO WIN". SHOW ME THE BUCKS.
1-16-2014 Intel Guru DC We've known for a long time that the $32 contract rate had restrictions. It is there for a limited time and with amount restrictions. That is being affected now and is not the right thing to do! It's not ok to choose who gets this and who doesn't. We understand that everyone has been funded but us. Before we got angry we made sure that what we were hearing was true. This is where we are. This is what's really going on. We aren't far behind. It's going down very quickly and moving rapidly. It's here, just when is it our turn? [post 2 of 2]
1-16-2014 Intel Guru DC Every person I know that has CE'ed already were under the impression that the general public was within hours and they were okay with that. But this started in early October and the super connected and bigger group started in December. Yesterday since 2:30 a ton of people have CE'ed. The banks are mainly directing these cash outs. I have an issue with this. This is getting to be unacceptable, an incredible double standard we have here and it's is not okay. People in banks who don't know each other are giving us this info. The folks that are in charge of this know this is wrong.
1-16-2014 Intel Guru Delta EVERY ONE IS WATCHING THEM AND THEY KNOW IT, SO WHAT THEY DID? THEY ADDED THE HOME EXCHANGE RATES TO MAKE YOU THINK THAT NOTHING IS HAPPENING, ALSO THIS IS NOT NEW. IT WAS ON THE ARABIC SITE ALL THE TIME, SO WHY BRING IT ON THE ENGLISH SITE AT THIS TIME? THE ARABIC SITE STILL NOT SHOWING THE CURRENCIES. [post 2 of 2]
1-16-2014 Intel Guru Delta NO ONE KNOWS THE EXACT DATE, BUT WE KNOW THAT THE CBI IS WORKING BEHIND CLOSED DOORS TO INCREASE THE VALUE OF IQD AND BE ARTICLE VIII OF THE IMF. LAST WEEK THEIR WEB SITE DIDN'T SHOW ANY NUMBERS, AND THAT WAS THE FIRST TIME WE SAW SOMETHING LIKE THAT HAPPEN. I DID TELL YOU THAT IT MIGHT BE SOMETHING. WE DID FIND OUT THAT THE STRANGE ACTIVITY OF THE WEB SITE WAS NOT A GLITCH. [post 1 of 2....stay tuned]
1-16-2014 Intel Guru TNT Tony We'll still get at minimum 3000x ROI, but are others getting paid other rates, outrageous rates. Absolutely!!! [Do you know the low rate for us?] $3.47 for Dinar and $1 for dong. I don't want anyone to think it's not happening but this is what's going on and it's not fair. The RV is still happening. I know right now, there are no problems anywhere with the RV. No is one arguing, we are just not getting it at this point. The CBI website was put back up, only the English version went up. In Iraq they were told it was done and they are international.
[post 3 of 3]
1-16-2014 Intel Guru TNT Tony We knew in December that privileged people, government officials, etc. were getting paid but they said we were next. I think people should be treated fairly all the time. Say what you mean, and do what you say. If you cannot, come back and say why. People are getting paid today. Only contract rates being paid. The contract rate can run out and it's happening right now so that is the part that I don't like. It's not going to take long to reach that quota. [post 2 of 3....stay tuned]
1-16-2014 Intel Guru TNT Tony Yesterday we were really excited and I expected you to see something last night. This morning I woke up frustrated, the rates are live at the bank, people are getting paid since 2:30 pm yesterday, but it's not us again. Now they are letting the banks decide who they want to get paid first. Who are the banks paying first? All the people with wealth managers. I got this from wealth managers themselves. Abuse of power again. Obvious to me there is a lack of leadership somewhere if they can't get this done. How do you put this in hands of bankers for a world event? Does not make sense. [post 1 of 3....stay tuned]
1-16-2014 Intel Guru TD Anyway IF the opposition party wins elections, guess what gift they will give the citizens: yes, increased purchasing power. So either way 2014 still is most promising for movement. Now here's the part you won't like: It will be (as I stated before) MODEST & GRADUAL. No overnight wealth creation for anybody on the planet. But at least we won't be sitting on our hands any longer. All the rest you keep hearing is all noise : 800 #'s , Oil credits, NDA's, Elite cashing out, "seeing high rates" ( I can assure you NO ONE is seeing any rates, other than the current rate published on the CBI ). [post 2 of 2]
1-16-2014 Intel Guru TD Well, Just as I reported days ago - No change in rates - YET! Keyword is YET. I'm still cautiously optimistic (based on what I've been told) here's a few points as indicators to look for : 1) Watch for media coverage of Maliki's army successfully regaining control of certain areas. 2) Rift between Baghdad & Turkey to subdue regarding Kurds-Turks oil agreements. Crucial for components of HCL. Maliki's party still wants to implement currency reform before the elections thus providing citizens increased purchasing power. [post 1 of 2....stay tuned]
1-16-2014 Intel Guru Dinar Wishes I was hopeful for this week to be the end of the road but sadly that reality seems to have been pushed aside again…It WILL HAPPEN, and it may take some time… I am looking for it before tax season is over. Having said that, if it doesn’t happen by then I fear we are in a position of a LONG wait. [Do you think this would have already happened if O [Obama] wasn’t in office?] I will answer that by saying I know for a FACT it has been stopped with only moments for its time to launch. I have every confidence it will be done but have no idea as to the timing. [post 3 of 3]
1-16-2014 Intel Guru Dinar Wishes [Christine Lagarde just said on her press conference that central banks were responsible for the assets of their country to meet the value of their currency. The oil, I thought, coming out of Iraq would value for a good amount – that does not count?] They are under sanctions…Sanctions take whatever profit they create and divert them to the DFI funds. [What is the DFI fund?] It’s the operational fund set aside for Iraq to rebuild and run their country when they are finally free of sanctions… i.e., when they RV and have control of their currency. [Do we know who holds the purse strings?] The US and the IMF and the UN. [post 2 of 3....stay tuned]
1-16-2014 Intel Guru Dinar Wishes [What/who is the so called hold up?] The problem with politics is politicians. [Ours or theirs?] Ours. We hold the power as the ones who control the sanctions and also we control enough votes in the IMF to control that as well. [What are the reasons for our government to hold it up for Iraq?] It’s all about money…where we will spend it, who will spend it and how much goes to national debt…ETC. [post 1 of 3....stay tuned]
1-16-2014 Intel Guru Winalot Looks like Iraq is charging different exchange rates to Arab countries than the rest of the world!! This is very interesting. I was re-reading The Exchange Rate of Foreign Currency in Economic Feasibility Studies, which has been around for awhile. This document explains the difference between the true exchange rate of the dinar, and the "ammended exchange rate". They are playing "you-scratch-my-back-I'll -scratch- yours" with other arab countries! ...they are charging different exchange rates!!!
1-16-2015 Newshound Guru Adam Montana [IF you were an odds maker, what is the % probability that this ride will start to pay off in this new year? And if it looks like it won't happen in this year, what year looks the best for a cash-in?] I think it's funny you put it that way...because that's actually EXACTLY how I look at this whole thing...I constantly look at the odds. At the end of every conversation I have about the Iraqi Dinar, I think about one thing... "what are the odds that this currency will go UP this year?" I won't pretend to know how high the Iraqi Dinar will go up this year, but I am willing to bet ANYONE that it WILL go up in the year 2014. With that said, if you're on my side of this deal then you are on the winning side. I can't wait to see how much we win.
1-16-2014 Newshound Guru Tlar Article: "Iraq unlikely to remove zeros from the currency" Remember, everybody in Iraq has a vested interest in this project. It has to be successful not just for Iraq, but every central bank that buys the dinar has to know that the CBI can support this. The CBI cannot let the cat out of the bag because...it could wreck whatever their plans are with runs on the bank. This change must have "shock and awe" for it to be successful. It has to come as a complete surprise or it risks failure with Iraqi's second guessing and trying to take advantage.
1-16-2014 Newshound Guru Millionday [the HUGE banking summit coming up is pretty much a conglomeration of these major sponsors to help Iraq grow their newly valued currency and also help all those involved in investments across a broad spectrum of categories. Am I correct?] Iraq`s product (currency) is not worth a lot at all --- so in two weeks all the huge huge corp world bankers or store owners are coming to take part in adding Iraq`s currency to their market --- so the excitement would be that they are seeing that the value is worth the trouble and this advancement into the globe is going to be with the change in rate or they wouldnt be interested...that conference is full of the world of finance so i am truly excited --- huge players!!!
1-16-2014 Intel Guru Delta CBI IS PLAYING A CAREFUL GAME, THEY KNOW THAT EVERY ONE IS WATCHING, THEY ARE WORKING BEHIND CLOSE DOOR AS WE SPEAK. GET READY TO GET SURPRISE AS TURKI SAID A WHILE BACK. IMO THE BUDGET WILL TAKE SOME TIME TO PASS THE PARLIAMENT AS USUAL, BUT THAT WILL NOT EFFECT THE RV. *** 1-16-2014 Dinar Guru News Flash *** The dinar rates on the CBI have disappeared. Did the CBI do this on purpose or is it a technical glitch we do not know at this point...see Guru Med's, Millionday's, BGG's and TNT Tony's posts below. This is VERY odd and has not been seen before. This change occurred over the weekend. Stay tuned to see how this develops. [Note the CBI Dinar Rate In the Dinar Guru Resource Bar on the left] 1-15-2014 Intel Guru Okie_Oil_Man [what the timeframe is for exchanging our currency? i.e 30, 60, days?] THERE ARE A SPECIFIED INTERVAL BUT IT IS NOT YET DECIDED. (SPEAKING OF THE HIGHER CONTRACT RATE) AFTER THAT EXPIRES YOUR CURRENCY WILL BE WORTH WHAT THE INTERNATIONAL VALUE IS PLACED UPON IT. YOUR CURRENCY WILL NEVER BE WORTHLESS. WATCH THE NEW CBI WEBSITE----NUFF SAID [post 3 of 3]
1-15-2014 Intel Guru Okie_Oil_Man [Do you believe they will push out the international rate when they open the new CBI website? And do you think the international rate is going to be revealed sometime this week?] YES AND YES. [Will the USA still make money on the China contract?] YEP--AND WE WILL MAKE OUT LIKE A BANDIT. NOT A SINGLE REASON NOT TO TAKE THE HIGHER RATE---CHINA NEEDS OIL---USA NEEDS MONEY--- IT'S THAT SIMPLE. [post 2 of 3....stay tuned]
1-15-2014 Intel Guru Okie_Oil_Man [If someone only has VNN are they going to be able to use the 800 number and get an appointment with the China contract rate also?] NO 800 NUMBER NECESSARY BUT IT IS ADVISABLE BECAUSE OF AN APPOINTMENT WILL QUALIFY YOU FOR THE HIGHER CHINESE CONTRACT RATE. THERE ARE NO RESTRICTIONS ON TAKING THE HIGHEST RATE---YOUR ONLY RESTRICTION WILL ENCOMPASS THE AGREEMENT OF THE NDA...THERE WILL BE NO NDA SIGNING NECESSARY IF YOU TAKE ONLY THE STREET RATE. [post 1 of 3....stay tuned]
1-15-2014 Intel/Newshound Guru Poppy3 DR SHABIBI STATED BEFORE HE WAS UNLAWFULLY REMOVED THAT THEY WOULD NEED 3 DAYS TO IMPLEMENT THE NEW RATES AND THE CBI SITE HAS BEEN DOWN AS OF NOW 3 DAYS WITH ZERO RATE BUY OR SELL. WHAT DOES THIS MEAN IF ANYTHING? ONLY TIME WILL TELL BECAUSE NO ONE KNOWS AS OF YET AND THEY ARE NOT SHOWING THEIR HANDS AND AS OF NOW THEY HAVE TAKEN ZERO ACTIONS THAT IS VISIBLE.
1-15-2014 Newshound Guru Doc Continue to focus on what is relevant to currency reform. NDAs, secret bank 800#, China 800#, whale cash outs and the likes are false rumors and do not concern us. We stay grounded in true substantiated information only. We see the recent terrorist outburst as a negative. Currency markets do not like political or civil instability. We are hopeful Maliki responds with force and certainty. However, this is Iraq and one thing we've learned is in Iraq nothing is certain. We report, you decide. [post 2 of 2]
1-15-2014 Newshound Guru Doc We remain cautiously optimistic as we head toward the April elections. There are a lot of reasons for the politics to play nice going into April. We are hopeful this means that much of the infrastructure to support currency reform is enacted by then. As we've highlighted in the past HCl continues as one of the key laws. The good news is there have been numerous articles talking about the movement toward an agreement. Some have been favorable and some not so favorable but that's typical of Iraq politics. However, recent the non public channels have begun in earnest talking about a potential agreement. This we find very encouraging in that public/non public information is converging. In the past this has indicated a potential favorable outcome in the not too distant future. [post 1 of 2....stay tuned]
1-15-2014 Intel Guru Okie_Oil_Man THAT BEING SAID I AM SATISFIED THAT WE ARE FINALLY IN THE POSITION WE HAVE HEARD WE WERE IN MANY TIMES BEFORE JUST TO FIND OUT---THERES 1 MORE THING TO BE DONE. I HAVE FURNISHED THE BEST INFORMATION THAT I PERSONALLY COULD OBTAIN BECAUSE I NEVER HAD A "TEAM" TO ASSIST ME AND NEARLY WITHOUT FAIL THE INTEL CHANGED MAKING MY POST SEEMED UNTRUTHFUL WHERAS IT WAS CORRECT AT THE PARTICULAR TIME I POSTED IT. I BELIEVE WE ARE TOO BE BLESSED VERY SOON. [post 2 of 2]
1-15-2014 Intel Guru Okie_Oil_Man TODAY WE ARE NOW AWARE OF THE RATES AND THE DATE CAN'T BE OVER A COUPLE OF DAYS OUT AT THE MOST. THIS YEAR MAKES ME NOW ENTERING MY 11TH YEAR IN THIS ENCOUNTER AND IT SEEMS LIKE A LIFE TIME. I BELIEVE THE END RESULT WILL JUSTIFY MY "STICKTOOITIVENESS" (DON'T LOOK THAT WORD UP IN THE DICTIONARY). I HAVE HAD A LONG ROAD AND THOUSANDS OF PHONE CALLS OVERSEAS AND STATESIDE CHASING INTEL THAT AT THE TIME SEEMED APPROPRIATE. [Post 1 of 2]
1-15-2015 Newshound Guru Adam Montana I've had an INCREDIBLE set of meetings this morning, and as much as I'd like to let loose right now, I'm going to reserve my comments until the news is released on official channels. I have reason to believe that we will be seeing major HCL news in the next couple days. FINGERS CROSSED! HCL has been dragging on for some time now - I believe we are at the end of that road. And once the HCL is resolved, I believe we are on a homerun streak. [See possible “to do list” in the DinarGuru resource bar on the left...#2]
1-15-2014 Intel Guru TNT Tony The rates are superfantastic. They did change them yesterday, but you'll love everyone of them. Here's the deal on the rates...you call the 800# for the China contract rate, $32. The contract rate for vnn over $6 but only with China 800#. There is a reason for this. China needs oil credits, and the US needs USD's. This is a way for China to give us more USD. There is nothing stopping it, we can't see anything, just a timing issue. Let's see what happens, be on high alert...it could be anytime.
1-15-2014 Intel Guru DC [new guru] This has been a very frustrating ride and the is reason no one has full control. Rules were constantly changed...many politicians, agencies all with different rules and different motivations. It's been a giant management nightmare. The whole world just wants to get it done already. We're in very, very good position and has been confirmed from 6 contacts of ours, they don't know each other, all saying the same thing, this thing is very ready to go & about to go any minute now.
1-15-2014 Newshound Guru tlm724 Article: "Baghdad and Erbil rejected the Turkish intervention and the use of the Federal Court to resolve the dispute oil" imo, IF Baghdad and Kurdistan cannot resolve any lingering issues then this will be referred to the Federal Court to act as arbitrator to clarify the Constitutional rights of both sides. its a misconception believed by many that the budget can just go forward easily, hate to tell ya but it can't, its going to be discussed etc...first. the reality is it can take months as we have seen over the years. So, if Baghdad and Kurdistan come to terms well that means more then the budget imo. [HCL.] That is what we want and if the HCL is tied to the budget as we believe and have seen then it doesn't matter how long it takes to adopt the budget. what is important is the the HCL will be done. [See possible “to do list” in the DinarGuru resource bar on the left...#2]
1-15-2014 Intel Guru Delta I CAN SMELL THE FIRE WORKS [Delta, on the CBI website the home exchange rates highlighted in red is that new?] YES IT IS NEW. [Keep in mind that this new change on the CBI site pretty much proves that there is NO glitch!]
1-15-2014 Newshound Guru Millionday they are now addressing the exchange rates outside of the country...they are now addressing what the world finance is going to see instead of -- the pricing changes in the country and the redenomination which many get confused... they are talking about reality rate. they are going to activate the monetary policy and what that means is an adjustment of the inflation rate -- raise in all exchange rates --- a transfer of dinar to the dollar and as in oil and then to the foreign currency deal appropriate -- and the proposed project of removing the zeros...good grief this is so exciting. we dont have a date -- they are saying they are ready and doing it but we will see when we see it. [post 2 of 2]
1-15-2014 Newshound Guru Millionday Article quote: "...he ordered enhances the mechanical moving cash to influence the balance of the cash market and then the stability of real activity that requires lifting the external value of the Iraqi dinar in a manner commensurate with the real exchange rate..." the external and reality rate is what we want to see and means the actual rate that we are waiting on...the external value they are talking about lifting means setting the actual exchange rate...whoo hooo. [post 1 of 2....stay tuned] 1-14-2014 Intel Guru TerryK [via MikeH] WE MAY SEE THINGS EVOLVE TONIGHT AT 2 AM...MOVEMENT ON GOLD...MOVEMENT ON IQD...OUR BLESSING MAYBE HERE.
1-14-2014 Intel Guru Okie_Oil_Man THE BEAVER DAM ACROSS THE INTEL CREEK HAS FINALLY BEEN BROKEN AND THE INTEL IS FLOWING AGAIN. WILL KEEP YOU INFORMED BUT AS OF NOW I AM STILL SUPPOSED TO SIT ON MY HANDS. I WILL REPORT AS MUCH AS I CAN AS SOON AS I CAN. KEEP THE FAITH, IT IS ABOUT TO BE REWARDED.
1-14-2014 Newshound Guru Kaperoni ...Iraq's primary currency is the dollar. I do not see any budget ever based on dinar until they have diversified to reduce the dependence on oil. Which seems to be many years away. As for the HCL, they are inching towards progress, but the many articles of late are not referencing the HCL but an agreement for oil export between the Kurds and Baghdad through Turkey. Yes, I agree, this is a good step and may move them closer to a final HCL, but I would not connect these dots so quickly. [post 2 of 2]
1-14-2014 Newshound Guru Kaperoni Article: "Kurdistan: We have reached understandings with al-Maliki on the budget and oil" The budget is based on dollars not dinar. 70% of the budget is operational so there is no exchange rate, its simply salaries, wages, expenses payable in dinar. Just like in the US, a dollar is a dollar, there is no exchange rate. The remaining 30% is the investment side and a high exchange rate of the dinar could benefit as they could reduce inports, materials etc. But until it is greater than the dollar, it means nothing. [post 1 of 2....stay tuned]
1-14-2014 Intel Guru Okie_Oil_Man [via DRMEMOM] I just spoke with Okie and he asked me to convey his sentiments to you. He expressed: "I share your frustration in the waiting, however, I am still acquiring great information from various sources. I will come when I receive further significant information...
1-14-2014 Intel Guru TNT Tony [via Already Blessed] WE ARE HEARING LOTS OF GOOD NEWS...RIGHT NOW WE ARE JUST WAITING....HANG IN THERE!
1-14-2014 Newshound Guru Millionday [do you think the parliament will get the budget tomorrow (Tuesday)? ] they are to have it before them tomorrow and much more. the budget will not stop the economic reform. [Do you still think jan is possible?] the pat on the back from the world bank stating that technically -- Iraq banking is in a very good position and they are happy. i think anytime is possible but trust me i dont say that often. 1-13-2014 Newshound Guru Millionday [I'd be interested to hear if you've heard the same as what TD [See Below] is reporting about the CBI sight simply being under Maintenance.] i do not agree under construction...the reason being is that we have seen that and it is down when they do that and also they are adding to it at this time with news on both sides and just the rates down? makes no sense but we have to wait and see what happens. [reference Intel Guru TD's post 1-13-2013]
1-13-2014 Newshound Guru Millionday i have not seen that the HCL is done but have seen that it is very close and they are working on its finish. i have to disagree that the HCL is complete and law. we do know that the budget amount is agreed upon as of recent reports...they both seemed happy with the finished product -- the budget is expected to go to parliament this week on tuesday.
… [See possible “to do list” in the DinarGuru resource bar on the left...#2]
1-13-2014 Newshound Guru Tlar If the budget is written at 1.16 dinars per dollar, passing the budget will force the CBI to delete the zeros. If it is true that what we were told by the architects of the 2014 budget...that they wrote it based on 1.16 dinars per dollar, and they pass that budget, they must immediately have a currency based on 1.16 dinars per dollar to match that budget. Otherwise they are totally out of equilibrium. I hope they get the 2014 budget inacted quickly and the thoughts about it being done in March are wrong. [post 2 of 2]
1-13-2014 Newshound Guru Tlar Article: "Kurdistan: We have reached understandings with al-Maliki on the budget and oil" The budget has within it the keys to the HCL agreement. Everything is coming down to the agreement on revenue sharing IMO. If percentages are agreed to as I thought they have been for a couple of weeks now, the rest will fall into place quickly. ...this will solve more than just the HCL and the budget. The currency move itself may come into play. [post 1 of 2....stay tuned]
1-13-2014 Intel/Newshound Guru Poppy3 THEY HAVE REPORTED MANY TIMES THAT THE BUDGET WAS COMPLETE AND IN PARLIAMENTS HANDS AND UNTIL YESTERDAY AS FAR AS WE KNOW THEY STILL DON'T HAVE IT. IT IS ALSO BEEN REPORTED THAT THEY WILL COMPLETE THE BUDGET ON TOMORROWS AGENDA. WE WAIT AND WATCH FOR ACTIONS.
1-13-2014 Newshound Guru Millionday we have not seen any transfer verification but when you go to the Union of Arab Banks Website... the Iraq Central Bank Site has been changed to the new web address. they have joined the BIS as the 60th country and i have a little tidbit of news on that --- they are not listing Kuwait --- hmmm -- the total loss of the rates from CBI and the statement of the banks to account holders that there is no cash with huge pictures on front page news showing stacks of dinar...is very confusing for them and us. to speculate --- i would say they are making some change. does this mean we are there? we dont have that in ink and I like to stay away from the roller coaster but how can one look at that and not have hope? ...i cant wait to see what happens. they are being very secretive about it and have given no explanation in ---INK. [post 2 of 2]
1-13-2014 Newshound Guru Millionday i would like to address the issue with no rates in CBI. I have been researching for years and so have many that are here, never have i seen no rates listed. yes i have seen blank spaces etc., but we also have some other changes going along with this. years ago we saw this site >>>http://www.cb-iraq.org/ . so as you see there is nothing there but we know that it was said years ago that is going to be the new site and of course they have the plans for the buildings, etc. but what we see is not something that anyone has seen before --- they added the sdr and made an announcement about the addition of Iraq to the sdr -- (basket of currency) and they have also made many announcements to do with BIS deposits and Turki has signed the agreements there also. [post 1 of 2....stay tuned]
1-13-2014 Intel Guru TD Well like most of you I've been holding my breath last couple days about the CBI site and I just received confirmation that it is only website maintenance going on so we can all exhale!! No changes in rates YET!! However I'm told that the next 75 days looks very promising for the IQD to go international. All I can tell you right now is their plans (which are subject to change, really tweak at best) is "MODEST and GRADUAL, from it's current 1166. NO Shock & Awe! We are hopeful for the GOI to get a grip on the current turmoil and proceed with much country business at hand. They do have a very aggressive agenda for growth & prosperity for 2014 & beyond. These are VERY proud people and want to be recognized in the world arena as a favorable area for investment.
1-13-2014 Intel Guru TNT Tony All has been accomplished, done, completed. Things over there are done. US & UN representatives are in Iraq right now & they're not there for Mohammad's birthday, they are there for something else. [What about the CBI website having no numbers/rates?] YES, it is a very big deal and excited a whole lot of people. It should have happened at 2-3 am or by the time banks opened and here we are still waiting. At this point I cannot tell you who is holding it up...we just don't know. It can be anytime, any minute, this afternoon, tomorrow, any time. I'm still happy and excited but we just don't know the minute. [post 2 of 2]
1-13-2014 Intel Guru TNT Tony There were announcements made in mosques about a change in their currency. There was Marshall Law for 24 hours. There are still no calls in or out of Iraq. Maliki made statements he was supposed to, to people of Iraq. They were told they saved the world. I received several emails saying how folks were happy over there. Lots of departments, a whole lot of levels including the 10th floor, saying it's done, just be patient. Nobody I've talked to this morning knows any reason why your not standing at a bank right now. Obviously their is one. posted 1 of 2....stay tuned]
1-13-2014 Intel/Newshound Guru Poppy3 I had it reported to me by 3 sources to be on high alert. One of the sources told me definitely within the month of January and the other 2 told me that this week is prime time. We also know that primary dates for banking in Iraq and around the globe is the 1st and the 15th. This coming Wednesday is the 15th. This could be one of the reasons for "prime time" this week. We are in a great position. Let's hope all these signs are all related to the RV. The news is lining up step by step. [post 2 of 2]
1-13-14 Intel/Newshound Guru Poppy3 I want to dispell some rumors. There is no Marshal Law in Iraq and there is no celebrating in the streets and the people were not told anything about the RV in the mosques like is being reported. Here is some good news. I got a text that Ban Ki Moon has arrived in Iraq and Monday is now declared a holiday. We wonder why? Also, the date is correct on the CBI and yet there are no buy and sell rates listed. This is very exciting to me. [post 1 of 2....stay tuned]
1-13-2014 Newshound Guru Kaperoni Article: "Iraq plans to issue bonds in local currency debt" It is clear that the CBI will issue bonds in dinar for monetary purposes. We just don't know when. Though this article is dated today [1-12-14], I find it odd that Turki was in Geneva.
1-13-2014 Newshound Guru Med THERE IS SOMETHING ODD WITH CBI. NOW IT PROBABLY IS NOTHING BUT RIGHT NOW THERE ARE NO EXCHANGE RATES POSTED FOR THE IQD VERSUS ANY OTHER MAJOR CURRENCY. NOW I HAVE NO CLUE YET WHY IT COULD BE...BUT IT IS ODD. I DONT REMEMBER THIS HAPPENING ON IT BEFORE... I DID CHECK TO SEE IF THE AUCTION PRICE HAD CHANGED AND IT HADN'T IT IS STILL AT 1166 BUT THAT WAS AS OF THE 12TH. THERE SHOULD HAVE BEEN AN AUCTION TODAY BUT IT ISNT POSTED YET. [Note the CBI Dinar Rate In the Dinar Guru Resource Bar on the left]
1-12-2014 Newshound Guru Millionday [The budget has stated 1.16 US per Dinar. Is that in country and has nothing to do with exchange rates?] that is a program rate that they will use to do all of their calculations. [what does the blank cbi site mean do you think?] i would say if it is not a huge mistake -- they must be making a change -- we just do not know what the change is --- could be the address of the site -- the rates themselves -- or the list goes on but there is no ink on it yet.
1-12-2014 Newshound Guru Kaperoni Article: "Finance: The World Bank supports the financial sector in Iraq to get to the sophisticated financial transactions" If you...look at the World Bank banking reforms...the Effective Date is April 2009 - Closing Date June 30, 2013 which is 4 years. It is clear to me that the restructuring is done and whatever remains is training as stated..."...including the training of cadres in the Iraqi bank Rafidain and Rasheed in order to enable them to keep up with the world's financial dealings." This should put these banks in position to engage with the global banking system.
1-12-2014 Newshound Guru Millionday very interesting to say the least with all rates gone since early morn...very exciting...but i have to say -- in all the years i have never seen all empty, never.
1-12-2014 Newshound/Intel Guru BGG One has to admit - some very strange anomalies on the CBI.iq website...recently...may or may not be anything...but it very curious to me they had an auction (supposedly) but aren't telling anyone what the exchange rate is or how much it sold for...heck of a way to have an auction (if you ask me).
1-12-2014 Intel Guru TNT Tony I just wanted to give you guys a little good news. Announcements that we have been waiting to hear about have been made in the mosques today (not on tv). They are partying and celebrating all over the country (during an official Martial Law lockdown that started yesterday). We are awaiting our announcement and our party. It could be in a couple of hours or a couple of days, depending on how long they want to hold it. Have your action plan ready...let's see what happens.
1-12-2014 Intel Guru Delta THEY ARE PLAYING A GAME, EVERYTHING IS DONE, WE ARE JUST WAITING FOR THE CBI TO RELEASE THE RATE. CHECK THE CBI WEB SITE ASAP. MAYBE IT IS NOTHING BUT THIS IS THE FIRST TIME I SEE THE NUMBERS BLANK, THEY DID UPDATE THE DATE BUT NO RATE. WE COULD SEE THE NEW NUMBERS.
1-12-2014 Newshound Guru Millionday [is the banking sector ready for this RV? Are there still banking conformaties that have to be met?] they have a welcome to our banking global meeting and conference in the third week of this month and i think that is a huge clue showing the banking reform is ready or at least very close with all that is coming. [on a scale of 1- 10 where do fall on RV in the month of January 2014.] i like to just follow the ink and keep as far off the roller coaster as possible but we have a lot of economic news coming out that is positive -- and also the hurry they seem to be reporting is also showing some initiative and that = progress we want to see. [post 3 of 3]
1-12-2014 Newshound Guru Millionday the deposits into BIS will raise their liquidity and also allow for them to be a part as they are of the 60 countries that take part in it -- a little tid bit of info -- kuwait is not one of the 60 countries -- that is interesting as well. [have those deposits been made yet?] i know that Turki has signed the contracts/agreements so if the money has transferred, i am not certain yet on that. [post 2 of 3….stay tuned]
1-12-2014 Newshound Guru Millionday i saw a report today that obama is pushing for the hcl (oil and gas) law now with the agreements being reached -- very interesting timing. [hcl going through it would give us rv right?] it would secure their laws for the regulations set in contracting for all oil etc. i am very happy to see that they are working so hard to get the credit rating the join the world of finance -- that is what we want to see so that is very exciting to me. [post 1 of 3….stay tuned]
1-12-2014 Intel/Newshound Guru Poppy3 THIS IS RUMOR AT THIS POINT BUT I HAVE GOTTEN THIS THREE SOURCES THAT THE FINAL DOCUMENT BETWEEN IMF AND CBI ALONG WITH MALIKI AND NAJAFI THIS WEEK WAS AGREED THE RV WILL BE RELEASED BEFORE THE END OF THIS MONTH AND THIS COMING WEEK WILL BE PRIME TIME. YES ONLY TIME WILL TELL BUT THIS IS VERY ENCOURAGING. KEEP YOUR SMILE ON AND BE ALERT FOR THE NEXT FEW DAYS.
1-12-2014 Intel Guru TNT Tony [via Already Blessed] TONY TEXTED ME EARLY THIS MORNING.... As of 1/12/2014 the CBI has removed all rates.
1-12-2014 Newshound Guru tlm724 [Article: Parliament will vote on a law to protect the national product]. *hallelujah* omg that is huge !!! first off it was voted by majority , way to go Iraq ! secondly, it is part of the tariffs and economic laws they need to move forward into the WTO !!! [Mohammad Qasim: to reach a final agreement between the central government and Kurdistan will be in the coming days] a final agreement between the central government and Kurdistan will be in the coming days *hallelujah*… [See possible “to do list” in the DinarGuru resource bar on the left...#7 and #11]
1-11-2014 Intel Guru Bluwolf Time to RV is dangling along. News is getting scarce, silence is being imposed, there are no changes. Everything is as it has been explained to you in the beginning and we await our turn to do our business. Next opportune day to get a probable RV - Monday day 13
1-11-2014 Intel Guru TNT Tony I wanted you to know I am being quiet for a reason. The meetings are over and you won.
1-11-2014 Newshound/Intel Guru Poppy3 It’s so encouraging here we have the BIS telling Iraq they are ready to accept investments into the bank…we’ve got the WTO sending Iraq invitation to be a full member…it’s been one thing after the other from the IMF, WTO and BIS. The disruption over there may be in our favor…It’s hard to go to war if “your belly is full” …the people of Iraq are going to share in the oil revenues…17%. We ain’t talking about waiting 6 months anymore IMO we’re a lot closer than that…this is my point of view.
1-11-2014 Newshound Guru Stryker …is a link somewhere showing (proving) that the U.S. Gov. has the billions of dinar? there is no solid proof that I can find that can prove that the UST is holding Iraqi dinars. More than two years back one of my buddies sent me a link that showed…the UST held $4 trillion in exotic currency, it did not have it broken down into what all it was…it never proved or disapproved that we, as a country hold dinars. There are so many theories about this that I do not count it as fact when it comes to my belief in this investment. There are tho, so many other signs, clues and facts that point to a possible revaluation taking place prior to them deleting the zeros and changing their currency, so I stopped looking at all the rumors.
1-11-2014 Newshound Guru Tlar I think this could very well be the month...anytime this month at or around the time the budget is passed we may see a change in monetary policy also retroactive back to the first. If as we have been told the budget is based on 1.16 dinars per dollar, the currency better match the budget. If the budget is enacted first the currency will be out of equilibrium if it does not follow suit. If they change the currency first and have trouble getting the budget passed then again they are out of sync. To me logically these things go together and I think that this may be what the CBI is waiting on. This is speculation on my part but it stands to reason that you can't do a half of a program. It is important that these two things be done as close together as possible. If this month finishes and the CBI still has not done anything, IMO it is because they could not get the budget passed. [post 2 of 2]
1-11-2014 Newshound Guru Tlar Article: “CLDP to Hold Workshop with the World Trade Organization to Help Iraq Accede to the WTO” This is another way of stalling Iraq until they get a currency. In 2008 Iraq was given a roadmap by the WTO on what was required of them to become a member. The most important things were export products and a currency closer to the value of the dollar. Iraq knows what to do, which laws need to be changed in what way. We are watching those laws being changed everyday. I believe the WTO is just dragging Iraq along with more training etc. until Iraq changes their monetary policy. [post 1 of 2….stay tuned]
1-11-2014 Newshound/Intel Guru ARTHUR IT'S WAY TOO INTENSE AND POIGNANT TO TRY TO SPECIFY IN A SHORT POST, BUT SUFFICE TO SAY THIS IS THE VERY FIRST TIME I HAVE SEEN SUFFICIENT EVIDENCE BASED ON EVERYTHING WE KNOW, THAT WE HAVE EVER SEEN A CONVERGENCE OF THESE MANY POSITIVE FACTORS LIKE WE HAVE RIGHT NOW AS A WINDOW BETWEEN NOW AND MARCH OF 2014. IMO WE ARE WAITING ON JUST A COUPLE OF "EVENTS" TO HAPPEN WHICH IMO COULD NOW HAPPEN OVERNIGHT OR ANYTIME NOW. WE HAVE ALWAYS HEARD THE TERM ANY SECOND NOW, ANY MINUTE NOW, ANY DAY NOW, AND OBVIOUSLY HERETOFORE IT HAS PROVEN TO BE OTHERWISE, BUT IN MY DINAR EDUCATED OPINION, THAT IS NOW WHERE WE ARE. [Post 2 of 2]
1-11-2014 Newshound/Intel Guru ARTHUR IT'S GETTING HARDER AND HARDER TO MAINTAIN MY USUAL GROUNDED COUNTERPOISE WHEN THE OPPOSING WEIGHT SEEMS IMO TO BE NOW LEANING TOWARD THE IMMINENCE OF THIS THING FINALLY HAPPENING IN ONE WAY OR ANOTHER VERY SOON. I WAS READING ARTICLES TODAY, ONE OF WHICH REALLY STARTLED MY ATTENTION AND THE FUNNY THING WAS MY PHONE RUNG RIGHT AT THAT MOMENT FROM A MIDDLE EASTERN CONTACT THAT AFFIRMED WHAT I WAS READING IN REAL TIME... [Post 1 of 2 stay tuned]
1-11-2014 Newshound Guru Breitling media in the united states talking about Fallujah how these guys did this and that…then the Iraq army goes in Mosul and kicks the living bejesus out of everybody and not one peep…it sounded like the whole country was taken over then their tier one military guys go in and just stomps the crap out of everyone…it’s not what it seems is it? Once again media fails us. The responsibility lies on you and me to go out and find truths
1-10-2014 Newshound Guru Breitling Are the tariffs important to us? Absolutely they’re part of the puzzle…the problem is there is not one point in the history of mankind where they passed tariff laws and the next thing you know their currency changed…that’s not how it works. Look at what’s provable…their currency is undervalued…that their building their infrastructure so they can add value to it. This is the easiest investment out there.
1-10-2014 Newshound Guru Adam Montana [What's this I hear UN may reinstate ch.7 sanctions?] Hogwash. [have you heard anything new on the HCL?] Nothing significant, unfortunately. My opinion is that it is ready to go... they are just waiting on the other pieces to line up, and then everything happens at once. [why would they RV as long as the US Dollar is still available to them? ...they can live on the US Dollar for however long it takes.] Living on the dollar is fine, but it's still 1166 dinars. They aren't doing themselves any favors by keeping the rate of the dinar low. Once the rate of the dinar is back up, they won't want to use dollars anymore.
1-10-2014 Newshound Guru tlm724 Economic parliamentary: Can not release any funds from the state treasury only after the adoption of the budget because he can not release any funds from the the state treasury only after approval can not launch funds from the state treasury only after the approval of the federal budget, and this disrupts investment and development projects and hamper plans of state institutions that is interesting, becasue the HCL is obviously tied to this years budget ! Paying the Peshmerga army is part of the Erbil agreement and article 140 ! [See possible “to do list” in the DinarGuru resource bar on the left...#2 and #6]
1-10-2014 Intel Guru TNT Tony Everything that needs to be done is done concerning us but there are other issues. I know everything is done on every possible level...system is ready, security is in place, call centers are manned, and all agencies are ready and in place. Today they are keeping high level of readiness. This could go off in 30 minutes...we are right there. I'm not telling people that is it, or today, or tomorrow or the next day, I'm telling you that it COULD GO. I'm happy because I know the possibilities. It should've gone 2 days ago. I am hoping to get more/better information later this evening or over weekend.
1-10-2014 Newshound Guru Kaperoni Article: "A member of the Economic Commission rule out Iraq's accession to the World Trade Organization" ...it is unlikely that Iraq will get in the WTO anytime soon. It could be a year or more...it is clearly documented by the WTO that Iraq has not met the conditions set forth for accession. Most important of all...the reductions of oil dependence. Iraq is currently 95% dependent on oil. Until they transition to a free market economy, and lower that to about 80% or less, the WTO is not an going to happen. Iraq needs to create a free market economy for trade. Only then with the WTO be viable. I also keep reminding everyone, the WTO will come after the restructuring of the dinar anyway. So we do not care.
1-10-2014 Intel Guru Bluwolf Those in high end groups have been dealt with, all arguments after nda's have been to the contrary nill and that is a good thing. Meanwhile we wait patiently and surely for our turn to exchange to just arise...the bank and its personnel (WF) are in that exactly same mode just like it should be. ...as you may see this is the storm and we are now right in the middle of it, it shall be now over soon... Everything is still on track and things are moving along as expected.
1-10-2014 Newshound Guru Adam Montana [How will the dynamics and fallout from this Fallujah dust up effect the dynamics of the Iraqi economic policy, the maneuvers of Maliki in public and behind doors?] US Congress has been delaying sending US arms (including Apache helicopters!) to Iraq ... because some believe Maliki would use our weapons against the Sunnis. If Iraq ends up in desperate need of these instruments, and it finally gets through our Congress and into his hands, we may be looking at a major power shift in Iraq. If that happens, things will move even faster than ever! [post 2 of 2]
1-10-2014 Newshound Guru Adam Montana [Do you believe the takeover of Fallujah by A-Q will have a negative effect on our investment? The tariff being implemented sounds good, but this stuff about Fallujah sure doesn't smell right to me. What is your take on it?] Great question, and probably the only negative thing I see happening right now. Luckily Iraq is out of Chapter 7 and is free to fight for themselves, so we should see a quick resolution to this one way or another. [post 1 of 2....stay tuned]
1-10-2014 Newshound Guru Breitling If and when you go to exchange your currency, for any reason and some type of delay is at hand, because of the banking process, the steps are as follows: 1. The bank will make an account of your currency with you. 2. The bank will give you a certification from the US Treasury 3. the US treasury will authentic the currency. Upon authentication your dollar amount from the exchange is released into your account.
1-10-2014 Intel/Newshound Guru Poppy3 ...THE BOND EXCHANGES WITH ALL THE OTHER MIDDLE EASTERN COUNTRIES WOULD NOT HAVE BEEN EXCHANGED...IF THIS WASN'T VERY CLOSE. IT IS SUPPOSED AGAIN TO GO DOWN WITHIN DAYS OR THOSE COUNTRIES WOULD NOT BE HOLDING WORTHLESS BONDS WITH NO VALUE? THEY KNOW ITS COMING AND THEY KNOW IT IS SOON. [post 2 of 2]
1-10-2014 Intel/Newshound Guru Poppy3 ALL AGENCIES HERE AND THERE ARE ALL ON THE SAME PAGE AND WHEN THE CBI, PARLIMENT AND POLITICAL WRANGLING GETS OVER, THEY COULD RELEASE THE RATE AT ANYTIME. TODAY MALIKI LOST EVEN MORE GROUND AND USA, UNITED NATIONS AND THE IMF ARE SEEING RIGHT THROUGH HIS CRAP. ... [I AM] VERY ENCOURAGED THAT THE END IS NEAR. [post 1of 2....stay tuned]
1-9-2014 Newshound Guru Adam Montana [Iraq stated they began placing tariffs on products coming into the country. I believe they said the tariff is 20% on the incoming products. Don't they need a rate for currency so they will know if the tariff is taxed at a rate that makes sense for the country?] Not only do they need a rate, they need imports upon which to collect said tariffs. With the value of the dinar so low, it makes no sense to put efforts into creating and enforcing tariffs. The more I hear about tariffs, the more I say "GOOD! RV to an increased rate so people will be buying things to be imported, and collect the revenue to help pay for the RV. Everyone wins!"
1-9-2014 Newshound/Intel Guru Randy Koonce IMF, UN, US, CBI and the GOI all seem to be on the same page at this time. If all goes as planned, we look to see a rate movement anytime between now and Sunday. IF this window should pass, we will have to see what if anything has changed and why the release has been delayed. I am Extremely hopeful at this time.
1-9-2014 Newshound Guru tlm724 Article: "Kurdistan declares attain its oil exports via Turkey to 6 million barrels in March..." 2 things, that's a boat load of oil and also means HCL is imminent as well. Article quote: "attributed the reasons for the delay in sending the budget to the amount of oil is known as issued by the Kurdistan region without the knowledge of the center." there ya go, budget tied to the HCL...makes perfect sense! [See possible “to do list” in the DinarGuru resource bar on the left...#2]
1-9-2014 Newshound Guru Tlar Article: "Allawi: We do not know anything about the fate of Talabani that he is alive or dead" Talabini will be announced dead by March 31st just before the elections. The Kurds are keeping this myth alive for political purpose. I believe he died days after his stroke and was whisked away to Germany to make him appear to be alive and recuperating. The Kurds have used Talabini's office saying he agreed to this or that or opposed the same. Time will tell if I'm right or wrong ...
1-9-2014 Intel Guru BWM ...so much is being made about how much dinar you have… that is the fallacy that so many have fallen into… banks don’t care about how much dinar you have… they care about how much USD you will be depositing into their bank. ...the news...no expectations for it happening this week…all this talk of done, done, done apparently doesn’t understand that it’s not ready yet.
1-9-2014 Newshound Guru Adam Montana [What are Your Thoughts on the ISX being an Indicator or Gauge in relation to the Dinar international Rate?] Since we won't have significant warning prior to a major rate change, I believe the ISX is a follower, not a leader. [How will Iraq's proven inability to protect their wealth affect the future RV?] Actually, I think the opposite is true. Iraq's Dinar lost value at one point in somewhat recent history. Since that time, they have consistently proven their ability to raise and maintain the value. With that said, their track record looks very favorably on their ability to RV.
1-9-2014 Newshound/Intel Guru Randy Koonce [via clay] [do u think this war in Iraq is gonna kill any chance of an RV?] no. [did M get any $ to hold on the RV?] M [Maliki] has no money.
1-9-2014 Intel Guru Jester THE RESET/RV IS SO MUCH MORE OF A BIG WORLD PICTURE... IT IS ALL A MUCH BIGGER DEAL THAN THE RV OF IRAQ AT THIS POINT... WE ARE ALSO GETTING A LOT OF FEEDBACK THAT THE IQD TO IQN CONVERSION WILL HAPPEN AND THE RV VALUE WILL NOT BE WHAT YOU ARE CURRENTLY HEARING...IN DINAR LAND. THE WORD WE ARE GETTING NOW IS SIGNIFICANTLY LESS THAN WHAT THEY ARE SAYING. STILL A LOT OF QUESTIONS THAT WILL HAVE TO BE ANSWERED... STILL A LOT OF UNKNOWNS FOR THE FUTURE OF THE WORLD AND THE ECONOMIC SYSTEM... BUT I THINK THEY HAVE IT HEADED IN THE RIGHT DIRECTION...THE STRUGGLE CONTINUES.
1-9-2014 Newshound Guru Adam Montana Basically, the CBI was just accepted into the Big Boy Club, and the path to major international transactions is opening wide! How can that NOT be good for us?! Here's some food for thought...would it make sense, when ReValuing the Dinar, to use the Credit Rating as a ratio, since the Dinar is pegged directly to the Dollar? I think it's going to have some influence, at the very least! [post 3 of 3]
1-9-2014 Newshound Guru Adam Montana As long as they keep progressing, I'm still confident in their upcoming success. Speaking of "monumental" and "success", one of the best bits of news floating around out there is the CBI being accepted into the BIS and expecting an official credit rating shortly. The unofficial rate is "B"... The BIS will only be dealing with the CBI (Central Bank of Iraq)...only the CBI. Turki tells us that "BIS plans annually to invest cash reserves deposited with him by the world's central banks…" [post 2 of 3....stay tuned]
1-9-2014 Newshound Guru Adam Montana As we head into 2014 with a long year behind us, I want to take a short moment to remind you to focus on the BIG picture. Sometimes it's easy to get distracted by the little brush fires that constantly pop up in any major event or undertaking…and that is Iraq's situation. They are progressing towards a monumental return to their former glory, and along the way things will happen. [post 1 of 3....stay tuned]
1-9-2014 Intel/Newshound Guru Poppy3 HOW CAN YOU NOT BE ON THE EDGE OF OUR SEAT. WHETHER IT DOES HIT IN THE NEXT FEW DAYS OR NOT ALL THE NEWS AND SOURCES ARE ALL POSITIVE AND FOR SURE NOT STATUS QUO... GET HAPPY PEEPS THE NEWS IS ALL POSITIVE. [post 4 of 4]
1-9-2014 Intel/Newshound Guru Poppy3 YESTERDAY AND DAY BEFORE I WAS TOLD THAT TRADING STARTED ON JAN 2 ON BONDS BETWEEN THE ISX AND MANY OF THE MIDDLE EAST COUNTRIES AND ALTHOUGH NO MONEY HAS YET CHANGED HANDS THE BOND ISSUES HAVE BEEN TRANSFERED WITHOUT A RATE SHOWING BUT BILLIONS HAVE BEEN TRADED AND ARE WAITING ON THE RATE TO BE APPLIED. THAT RATE HAS BEEN RUMORED TO BE BETWEEN $2.66 AND $3.77. AS I HAVE SAID MANY TIMES JUST STATE THE RELEASE OF THE RATE AND I WILL TAKE CARE OF THE REST. THE DATE IS THE IMPORTANT PART NOT THE RATE. [post 3 of 4....stay tuned]
1-9-2014 Intel/Newshound Guru Poppy3 WE ARE LOOKING EXTREMELY POSITIVE AT THIS TIME AND SOME OF THESE STATEMENTS BELOW ARE VERY TRUE SO READ THEM AND SMILE . [Poppy3 referenced the following Guru's posts: 1-8-2014 Newshound Millionday they were to pass budget to parliament today [Tuesday] but it looks like tomorrow...; 1-8-2014 Intel Guru Bluwolf Ok according to all my sources (three letters agencies, banking executives, wall street and government... 1-8-2014 Newshound Guru Kaperoni Article: "Central Bank is accepting deposits BIS new Iraqi 'asset'." This BIS stuff is really pretty simple... [reference full posts 1-8-2014] [post 2 of 4....stay tuned]
1-9-2014 Intel/Newshound Guru Poppy3 ...I GET EXCITED JUST LIKE EVERYONE ELSE WHEN THE NEWS IS ALL FALLING IN LINE AND CONFIRMING ONE ANOTHERS INFORMATION... BELOW ARE SOME REAL GURU PREDICTIONS AND...FOR THE MOST PART FOR THESE POSTS, THEIR INFORMATION IS PRETTY MUCH CONFIRMED. [post 1 of 4....stay tuned] 1-8-2014 Intel Guru TerryK I JUST HAD A FRIEND OF MINE EXCHANGE 50 MILLION NO ISSUES AT ALL. IF THERE IS NO ARTICLE SUPPORTING THIS...STUFF, DON'T FALL FOR IT. THE RATE WILL BE GOOD. WE WILL EXCHANGE SOON LIKE THIS THURSDAY NIGHT, RUMOR TO ME...YOU WILL NOT NEED AN NDA. [post 2 of 2]
1-8-2014 Intel Guru TerryK THERE IS NO SUCH THING AS A CONTRACT RATE. THE 800 NUMBERS ARE JUNK. THE NDA's DON'T EXIST. I HAVE HAD THREE CALLS ABOUT A 50 MILLION LIMIT. FIRST OF ALL THERE IS NO LIMIT. I JUST GOT OFF THE PHONE WITH WF, THEY SAID THEY DEAL WITH LARGE CURRENCIES ALL DAY. THEY HAVE NOT HEARD OF THIS. [post 1 of 2....stay tuned]
1-8-2014 Intel Guru TNT Tony We...got a text Monday & all were happy. Meetings did happen and there was a time set for last night. At several embassies there were celebration parties which they are probably regretting today. We were that close. They brought everybody in and scheduled personnel in all across the country and it did not happen. One thing stressed today to me from both sides (DC & NY) don't say anything about time or rate. RV is still in progress, still going to happen, still in a short window.
1-8-2014 Newshound Guru Stryker Article: "Kurdistan: the oil agreement with Baghdad is near" Things keep moving in the right direction despite the terrorist in the Anbar Province. These are [what] we need to see moving forward if we are to see currency reform this quarter. If Iraq can prove they can secure their own country, on their own and things keep moving forward like this we have a great chance in seeing it take place my friends.
1-8-2014 Newshound Guru Millionday Privately a prominent member at the CBI said that the BIS accepting Iraq’s deposits is a win win situation; he called for investment to achieve government and private banks development; he added that the Iraqi Dinar is stable and the CBI continues to study restructuring the currency, the deletion of zeros project is alive and the timing of implementation is being debated he concluded. someone sent this to me and said it was on the news today in Iraq -- not verified but makes sense so i would not say it wasnt because it only makes sense.
1-8-2014 Intel Guru Bulldog75 I WILL TELL YOU THAT THE SITUATION LOOKS EXTREMELY PROSPEROUS. WE REMAIN EXTREMELY OPTIMISTIC. THERE IS NO PARTICULAR ONE REASON IMHO, THAT HAS STOPPED THE EVENT. JUST BELIEVE, PRAY AND KNOW THIS WILL OCCUR AND I WOULD NOT BE SURPRISED IF THAT MOMENT WAS ANY MINUTE OR SECOND. [post 2 of 2]
1-8-2014 Intel Guru Bulldog75 "ITS A GREAT DAY IN THE NEIGHBORHOOD". BE READY WITH ALL YOUR PLANS. WE ARE WAITING FOR THE OTHER SHOE TO DROP. I CAN ASSURE YOU NO ONE KNOWS THE EXACT DATE OR RATES. THERE ARE SPECULATIONS, SOME FACTS BUT NOTHING CONCRETE AS TO WHEN THE TRAIN COMES INTO THE STATION. [post 1 of 2....stay tuned]
1-8-2014 Intel/Newshound Guru Poppy3 YOU GUYS KNOW I AM 1/8TH AMERICAN INDIAN AND I JUST PUT MY EAR TO THE GROUND AND IT SOUNDS LIKE A RV TRAIN IS ON THE TRACKS AND MOVING VERY FAST. STAND CLEAR AND LISTEN FOR THE BRAKES TO BE APPLIED JUST AS SHE COMES INTO THE STATION.
1-8-2014 Intel Guru Bluwolf all is supposed to occur today according to all the persons involve in producing this awkward information forward, they said that everything is positive for it occurring today.
1-8-2014 Newshound Guru Millionday they were to pass budget to parliament today [Tuesday] but it looks like tomorrow [Wednesday] instead. the budget is not a have to thing for the rate to be set or for the country to go international. [if the budget is passed and the budget is based on the new rate, the bonds have to have value, and they are wanting to enter the wto, why would they delay any longer as cash is becoming an issue?] i have found no reason for them to delay at all -- i agree with there own economic expert -- it is time to go now -- they said they are only waiting on the date from cbi so that is a great place to be with all they have ready it is where we are. the budget is written at the rate it is now and all everything will change all at the same time through data entry.
1-8-2014 Intel Guru Bluwolf Ok according to all my sources (three letters agencies, banking executives, wall street and government both local and international) they all seem to be seeing the same picture and it is that the international release is a must GO now. The date is closing in and the real international pressure is on and we are just moments away from receiving this treasure...Pray that it will project itself both swiftly and concretely with no further ados.
1-8-2014 Newshound Guru Kaperoni Article: "Central Bank is accepting deposits BIS new Iraqi 'asset'." This BIS stuff is really pretty simple...think of it as if you had a bunch of money - all the big banks would be calling you asking you to deposit with them...they would show you their investments, etc. That is what the BIS is saying to Iraq. ...you got money, come deposit it with us and let us help you make more money. Again, good news..and something the CBI needs to do..but not a requirement for a change in dinar value. 1-7-2014 Intel/Newshound Guru Poppy3 YET WITH MILLIONS BEING TRADED THERE HAS BEEN ZERO MONEY TO CHANGE HANDS YET. TO ME THIS MAKES VERY LITTLE SENSE BUT I AM ASSURED THIS DID TAKE PLACE IN PREPARATION FOR WHEN IT GOES PUBLIC INTERNATIONALLY. THIS WAS A PRELIMINARY ACTION TO HELP ALL THEIR NEIGHBORING COUNTRIES THAT THEY WILL HAVE TO TRADE WITH DAILY. TIME WILL TELL BUT THIS IS VERY POSSIBLE FOR SURE. ACTIONS REIGN PEOPLE. TALK IS CHEAP. [post 2 of 2]
1-7-2014 Intel/Newshound Guru Poppy3 HERE IS WHAT HAS BEEN SAID TWICE TODAY FROM VERY DIFFERENT SOURCES...ABOUT 9PM THEIR TIME THAT THE ISX OFFICE IN IRAQ WAS NEVER OPENED TODAY TO THE PUBLIC AND NOTHING HAD BEEN TRADED. THEN SHORTY AFTER I GET TWO CALLS CONFIRMING ONE ANOTHER THAT TRADING DID TAKE PLACE TODAY WITH ONLY MIDDLE EASTERN COUNTRIES IN DINAR BACKED BONDS. [post 1 of 2....stay tuned]
1-7-2014 Intel Guru Stage2Omega TYPICALLY MOST RV'S HAVE HISTORICALLY TAKEN PLACE BETWEEN TUESDAY & THURSDAY. PRESSURE IS INCREASING AS SOME COUNTRIES ARE EXCHANGING AND OTHERS ARE NOT EXCHANGING. THE COUNTRIES EXCHANGING ARE EXCHANGING ELITE DURING SELECTED WINDOWS (IDENTICAL TO THE USA SKR CONVERSIONS, ETC). THE INTERNATIONAL RELEASE OF THE EXCHANGE RATE IS BEING USED AS A GLOBAL LEVERAGE "HOLD CARD" IN THE LARGEST HIGH STAKES POKER GAME IN THE HISTORY OF WORLD. [post 2 of 2]
1-7-2014 Intel Guru Stage2Omega PER CONVERSATION, THE IRAQ CIVIL WAR IS TAKING PLACE FOR A SPECIFIC REASON AND PLANNED PURPOSE THAT WILL BECOME OBVIOUS SOON AND THE CIVIL WAR HAS NOTHING TO DO WITH MONETARY POLICY, IMF PROTOCOL & B.I.S. PROTOCOL IN REFERENCE TO INTERNATIONAL EXCHANGE RATE OR C.B.I. OPERATIONS & MONETARY REFORM POLICIES. [post 1 of 2....stay tuned]
1-7-2014 Intel Guru TNT Tony [via Angelic030401] TONY...SAID... I TOLD THEM IT WOULD BE VISIBLE TODAY. THE DAY IS NOT OVER. BEWARE OF THE BEWITCHING HOUR. HE WAS TRYING TO SAVE THE GOOD TIMES FOR LATER. SEVERAL THINGS HAVE TAKEN PLACE WHICH ARE WORKING IN YOUR FAVOR. I DONT WANT TO MESS IT UP BY SPILLING THE BEANS NOW. WE HAVE TO LET IT PLAY OUT.
1-7-2014 Intel/Newshound Guru Poppy3 HERE IS SOME GOOD SOUNDING STUFF THAT WAS OFFICIALLY ANNOUNCED TODAY. STATEMENT FROM THE WOMAN HERSELF---"The International Monetary Fund will raise its forecast for global growth according to its managing director, Christine Lagarde. She said the revision would come in the next three weeks but did not elaborate, saying that it would be premature to say any more." WOW NOW THIS IS PUBLIC AND IT IS VERY PROMISING.
1-7-2014 Intel Gurus Nova & Delta the tariff law is a train-wreck waiting to happen if the IQD value is not increased. The Goi has been promising a increase in salaries but cannot do that until the IQD increases in value. Everything hinges right now on the IQD increasing in value. [See possible “to do list” in the DinarGuru resource bar on the left...#11]
1-7-2014 Intel Guru BWM I didn’t expect to see anything during Christmas week and this weekend’s information brought more of the same… still waiting to hear if things have been resolved… I explained that you’d hear junk about the WTO at the end of the year and bond sales on the 1st…yet here were are… None of that is complete… still showing that Iraq has no control…and no it’s not the UST … this is much more complicated than that.
1-7-2014 Intel/Newshound Guru Poppy3 we see that they will send the budget from the house to the parliament after today. LOL THIS IS THE 18TH TIME THEY HAVE HAD THEIR LAST MEETING ON THE BUDGET AND SENT IT ON FOR FINAL APPROVAL. MANY THINGS BEING DISCUSSED FOR SURE BUT...ALL THE TALK MEANS ZERO WE MUST WAIT AND WATCH FOR ACTIONS. ...UNTIL ACTION IS PERFORMED ZERO WILL HAPPEN.
1-7-2014 Intel Guru Nova a program rate is for buying and selling currency. It has no value on the international stage. Yet the 5 most powerful institutions in the world have announced that they will be using IQD. No way can they do that until its internationally recognized and that no way will that depend on elections which are months away.
1-7-2014 Newshound Guru Stryker Will the GOI/Parliament/CBI do an RV before they are forced to, in 2015? I believe they will but that depends on the security issues and if they can overcome these new ql-Qaeda crisis and as soon as they do and no other issues pop up I believe we will see the RV. Will they do nothing? They can't do nothing, time is running out and they know this. This is why we see Maliki and the other leaders trying to get things moving in the right direction. [post 2 of 2]
1-7-2014 Newshound Guru Stryker [Will the GOI/Parliament/CBI do an RV before they are forced to, in 2015 in order to allow the people to be able to 'get ready' for these changes or will they do nothing?] [January 2, 2014] started the first of three (3) stages in the implementation of the Custom Tariffs of Iraq. The reason they have started to implement the tariffs in stages is to give them time to get everything done so they can RV the currency. I don't think it will take until 2015 (the tariff law deadline) to implement what we/they need before they can and will RV (IMO) but as you can see they needed time. Good news is that there is a timetable that has started by the Luxury taxes application on Jan. 2. [post 1 of 2....stay tuned]
1-7-2014 Intel Guru Frank26 those who believe that the RV/RI is dependent on the Iraqi elections are wrong…the only ones who care about the elections are the politicians…the only ones to watch are the ones that are in charge. The BIS and the IMF. Those are the ones to pay attention to. remember that the 1166 rate is a program rate, and this program rate is not article 8 compliant. At 1166 the IQD is of no use to the BIS or IMF. [post 2 of 2]
1-7-2014 Intel Guru Frank26 all who are concerned about violence and instability in Iraq should not worry. Iraq is being locked down and articles stating widespread violence is garbage. Security is well in hand and it will not stop the RV/RI...all bonds and monetary policy is on track and what we are seeing about violence in Ramadi and Falluja is possibly just a diversion or illusion. [post 1 of 2....stay tuned]
1-7-2014 Intel Guru Okie_Oil_Man THE RELEASE IS IN THE HANDS OF 1 INDIVIDUAL THAT WILL DETERMINE THE PROPER TIMING. OUR COUNTRY IS TAKING A MULTITUDE OF FLAK FOR NOT RELEASING THIS AS IT AFFECTS THE ENTIRE SYSTEM ON AN INTERNATIONAL BASIS. THE PRESSURE IS ON THE USA TO ACTIVATE THE PROCESS. ONCE AGAIN--THE WHEELS DID NOT FALL OFF THE WAGON.--WE ARE STILL IN EXCELLENT SHAPE AND AWAIT OUR TURN. IT IS INEVITABLE NOW BECAUSE OF OUTSIDE PRESSURE EXERTED ON THE USA TO STAND AND PRODUCE. [post 2 of 2]
1-7-2014 Intel Guru Okie_Oil_Man I KNOW I WAS TOLD YESTERDAY TO EXPECT THE 800 NUMBERS DURING THE NIGHT. THAT HAS NOT OCCURED YET---BUT---I AM INFORMED THERE ARE ABSOLUTELY NO HOLDUPS AND TO EXPECT OUR R'V AT ANY MOMENT. THERE ARE NO PROBLEMS WHATSOEVER AND WE SIMPLY AWAIT FOR THE OPTIMUM TIMING EFFECT TO TAKE HOLD. [post 1 of 2....stay tuned]
1-7-2014 Intel Guru TD 2014 however, will be the year that Iraq will enter the International arena in finance, banking, investments, etc. They are making baby steps toward most of those goals. M [Maliki] still would like to do currency reform before the elections. The quicker he regains some sense of internal security, the quicker he can proceed with financial agenda items. I will caution you however on two key points : A) movement in rates will be modest & gradual, Iraq cannot afford the huge risk of shock & awe. B) No one will be able to give a definite date or rate until it suddenly occurs. [post 2 of 2]
1-7-2014 Intel Guru TD The only CERTAINTY with Iraq is that there is no such thing. Information just received this morning indicates the the fighting with insurgents is more widespread & vicious than being reported by the media. The world is watching how the Maliki administration will handle (or not) this severe test. They are on their own. While you can argue effectively that "Stability" is also an oxymoron statement for motivation to proceed with many programs, this is a saga they must deal with before all else. [post 1 of 2....stay tuned]
1-7-2014 Newshound Guru Med I AM SINCERELY HOPING THAT WITH THE REMOVAL OF MALIKI FROM OFFICE AFTER THIS ELECTION WE WILL SEE SIGNIFICANT CHANGES ENOUGH TO GENERATE THE RV. THE MAJOR DRAWBACK FOR ME WAS THE TOTAL LACK OF LEADERSHIP WHICH CREATED SO MUCH STIR IN THIS COUNTRY. NO DIRECTION AT ALL NONE. NO PLAN. ONLY TO STAY IN OFFICE - KEEP THINGS IN A DISRUPTIVE STATE TO TAKE AWAY ANYONE NOTICING WHAT A ***** JOB THEY WERE DOING.
1-7-2014 Intel/Newshound Guru Poppy3 IT WAS STATED BACK IN JUNE IF IRAQ DIDNT MEET CERTAIN GOALS BY CERTAIN DEADLINES THEY COULD TAKE ACTIONS WITHIN IRAQ OR PLACE THEM BACK UNDER CHAPTER 7 SANCTIONS. PAY VERY CLOSE ATTENTION TO THE ACTIONS TAKEN WITHIN THE NEXT FEW DAYS. [post 2 of 2]
1-7-2014 Intel/Newshound Guru Poppy3 LOTS OF THINGS HAPPENING AND MALIKI IS KILLING PEOPLE ALL OVER IRAQ TO TRY AND STOP THE PROGRESS? HOW MANY TIMES HAVE WE SEEN THIS SAME MODE OF OPERATION WHEN IRAQ MOVES FORWARD IN SPITE OF HIM. IRAQ IS IN CHARGE OF THEIR CURRENCY AND THE ONLY GROUP THAT COULD POSSIBLY INTERVENE WOULD BE THE IMF THROUGH THE UNITED NATIONS. [post 1 of 2....stay tuned] 1-6-2014 Newshound Guru Millionday this is absolutely huge -- it is the activation and acceptance of Iraq as modern banking for the country...this is the acceptance of the dinar and will mean that they have met provisions. it would seem this will be followed with some very good news for this to be able to happen --- the sale of bonds is supposed to happen tomorrow on the 7th so we shall see but the timeline is very very encouraging. [post 2 of 2]
1-6-2014 Newshound Guru Millionday Article quote: "The Bank for International Settlements, a bank world's central banks, and the regulatory system of the international banking banks all...which has a membership of 60 central banks including the Central Bank of Iraq, by individuals and non-governmental entities, and in accordance with the Charter of the United Nations." now Iraq is a member of global central banks with the bis -- very global condition. [post 1 of 2....stay tuned]
1-6-2014 Intel/Newshound Guru Poppy3 SO FAR NO ONE HAS DONE ANYTHING EXCEPT TALK ABOUT WHAT ACTIONS THEY CAN TAKE. NOTHING ABOUT WHEN OR IF THEY WILL. ...WATCH THE REAL NEWS WHICH WILL BE ACTIONS TAKEN BY SEVERAL DIFFERENT AGENCIES. [post 2 of 2]
1-6-2014 Intel/Newshound Guru Poppy3 INTEREST TODAY FOR ME IS WHAT HAPPENS IN THE NEXT 24 TO 72 HOURS WITH THE BONDS AND WITH THE ISX GOING INTERNATIONAL. WILL THEY OR WON'T THEY FOLLOW THROUGH WITH ACTION ON WHAT THEY HAVE SAID OR WILL THE IMF AND UNITED NATIONS HAVE THE GUTS TO STEP IN AND DO WHAT THEY STATED LAST JUNE WHAT...THE PENALTIES WOULD BE IF IRAQ FAILED TO GET EVERYTHING DONE BY THEIR DEADLINE? [post 1 of 2....stay tuned]
1-6-2014 Intel Guru Nova If We Don't See It Tomorrow Then Thats It, No Deal Till After Elections? Tomorrow Is Do Or Die?
1-6-2014 Intel Guru Okie_Oil_Man I HOPE TO MAKE A FINAL DEFINITIVE POST BY AT LEAST TOMORROW AND PROBABLY TONIGHT.
1-6-2014 Intel Guru TerryK TONS OF NEW LAWS BEING PASSED IN IRAQ. ARTICLE 140 WAS AGREED UPON AND WILL BE UNDER KURKISTAN RULE. TOMORROW THE CBI WILL BE SELLING BONDS SINCE BEFORE WAR. [are you feeling more positive for an RV in the next few days instead of taking out until March 2014?] I AM. I DID GET WORD THAT TOMORROW LOOKS LIKE WE MAY SEE SOMETHING. [post 2 of 2]
1-6-2014 Intel Guru TerryK A LOT HAPPENED THIS WEEKEND. TARIFF LAW DID GO INTO PLACE JAN 2. BUSINESS IS ACCEPTING DINAR AS DEPOSITS. ...NO AUCTIONS. NEW SMART CARDS ARE BEING ISSUED. IRAQ...GOV. EMPLOYEES ARE GOING TO GET A DOUBLE SALARY BUMP FOR NON PAYMENT THIS WEEK. IRAQ NOW PART OF WTO OFFICIALLY. BUT, THE ISSUE WITH WTO IS LIKE THIS: THEY WANT TO SEE THE VALUE OF THE DINAR TO BE AT LEAST THE VALUE OF THE USD. THAT WOULD SUCK IF IT CAME OUT AT .89. BUT YEA IT WOULD FLOAT. [post 1 of 2....stay tuned]
1-6-2014 Intel Guru TNT Tony Iraq is not holding this up. They couldn't change the CBI site if they wanted to. It is being held up here in US. They are playing chess down to the last minute. I just got the call I was waiting for...confirmed. All is good. My happiness meter just went up 100%. They are saying the children are playing nice and sitting on same side of the table. I'm now expecting a SUPERFANTASTIC day, night or tomorrow! [post 2 of 2]
1-6-2014 Intel Guru TNT Tony It could have happened over the weekend because all that is needed is just one phone call. Banks, security, etc. are being told to be ready. I am looking for it sometime between today & tommorrow, could go ASN, but tomorrow could be a game changer, we'll see something tomorrow one way or the other. Something that will make the picture clearer...not saying the RV. [post 1 of 2]
1-6-2014 Intel Guru Stage2Omega THE WAR IN IRAQ WILL PROVIDE IRAQ AN OPPORTUNITY FOR IRAQ TO DISPLAY THEIR ABILITY TO DEFEND AND STABILIZE THE COUNTRY AND THE INTERNAL WAR IS NOT TIED TO THE INTERNATIONAL RATE RELEASE. CME CONTACTS ARE ON HIGH ALERT TODAY. [post 2 of 2]
1-6-2014 Intel Guru Stage2Omega [new guru] PER CONVERSATION THE ISX GOING LIVE JANUARY 7, 2014, IN CONJUNCTION WITH FOREX & LIVE BLOOMBERG DATA FEEDS IN CONJUNCTION WITH OTHER GLOBAL EXCHANGES AND BOND SALES IS A DIRECT CORRELATION AND CATALYST TIED TO THE INTERNATIONAL RATE RELEASE ALONG WITH THE TARIFFS. [post 1 of 2....stay tuned]
1-6-2014 Intel Guru Nova At Some Point The IQD Is Going To Have Value On The International Stage!!! I Do Not Know The Day That Will Happen! But I Do Know That BIS Is Not Asking For More IQD To Be Put In There Bank So It Can Sit Around And Collect Dust!! When You Ask For Something From Someone Its Because You Need/Want It And It Has Value To You!!! If The BIS Wants The IQD And The CBI Is Willing To Give It To Them It Also Tells Me That The CBI Knows They Will Be Getting Something More In Return. Last Thing For Me This Morning...But What We Are Seeing On The Ground In Iraq Is A GOOD Thing, SAD BUT GOOD. [See possible “to do list” in the DinarGuru resource bar on the left...#10]
1-6-2014 Newshound/Intel Guru BGG Parliament lifted their session until Tuesday. They have an agreement on approval of 5 major pieces of legislation. 2014 will see significant changes in the investment laws. A lot of economic factors will change in 2014. I think the next couple of days and for sure the next 7 & 8 days are probably pivotal in this investment. I am very excited that January 15th is a legitimate window. I like the way things are unfolding. It hasn't gone exactly as we would have liked, but things are moving right along. I think that the next few days could be very exciting for this investment. 1-5-2014 Intel Guru Delta Article quote: "The General Secretariat of the Council of Ministers that tomorrow, Monday, January 6 will be an official holiday for the departments and institutions of the state." IRAQI GOV ANNOUNCED MONDAY AS HOLIDAY FOR ARMY DAY.
1-5-2014 Newshound Guru Tlar "CBI press release - Akralbenk Central on 13/12/29 a public auction bidding (C100) for bank transfers for sale (91)" I saw what I thought was an article sent to me by a friend. As it turns out this article was part commentary. ...these bond sales, the bond sales due for January 7th are not the ones we are looking for. these are normal bond sales. [Reference Tlar's earlier post 1-5-2014]
1-5-2014 Newshound Guru Kaperoni [I guess they lied about the bond sale for monetary purposed they had said to do in the month of December.] I do not believe they ever said with certainty that it would be December. I recall them saying they would have to coordinate this through the MoF and hopefully with GOI/CoM approval it would happen in December. Clearly that did not happen. Maybe January..we shall see. [post 2 of 2]
1-5-2014 Newshound Guru Kaperoni Article: "CBI press release - Akralbenk Central on 13/12/29 a public auction bidding (C100) for bank transfers for sale (91)" Looks like a reference to this bond sale...These are regular 90 day investment bonds, not bonds for monetary purposes. There is a bad rumor being perpetuated that bonds for monetary policy start January 7th. This is completely false. The CBI has monthly bond sales (as they have for a several years) to fund projects and these are 90 day bonds and posted on the CBI website... The chart showing auction dates posted on the CBI is referring to these bonds and not bonds for monetary policy (sold in dinar) which are long term (a year or more). [post 1 of 2....stay tuned]
1-5-2014 Intel Guru Hub no big fanfare, just go to the bank and excange your currency...the natural rv of value of resources makes perfect sense, happens every day with all currency. they have installed tariffs, taxes, wto, imf., opec, and on and on, new laws out the cazoo and thus are ready to enter the world, in my...opinion. [post 2 of 2]
1-5-2014 Intel Guru Hub lets talk about the rv for a min... the iraqis have implemented new taxes and tariffs, this is a fact. I think they are just fulfilling the demands on creating a new country and government...the process to create this new entity is happening before our eyes. their currency is about to go international at the rate deserving the resources and i have always thought $3.50 to $4.00...cant and will not do it at 1170dinar to $1. [post 1 of 2....stay tuned]
1-5-2014 Intel Guru TD No one knows YET the date or rate... Stability of a nation is a huge prerequisite for any movement in rates, and right now iraq has it's hands full trying to keep order. Just check the world news to see the escalation of violence. Until better security is addressed there will be no motivation to proceed forward.
1-5-2014 Newshound Guru Tlar On the 7th of January the CBI will start selling bonds for the first time since the Saddam era. This is an important "monetary tool" which is one of the three tools that ultimately will replace the auctions. The other two tools are the tariffs (implemented Jan 2nd) and the Exchange rate not implemented yet. The COM has just released the budget to parliament today to be voted on. With Bagdad and Kurdistan in agreement, it should pass quickly. Article 140 was agreed upon by making it its own province that eventually will be under Kurdistan influence. So what does all this mean? For years all of this legislation has been tied up. All of it is coming together this month, January...everything looks like it is finally falling into place after years of waiting. [post 3 of 3] [See possible “to do list” in the DinarGuru resource bar on the left...#6]
1-5-2014 Newshound Guru Tlar The Bank of International Settlements (BIS) is this month for the first time accepting the dinar as deposits. The new smart card is being issued which will allow for Iraqis to get paid in something other than cash. This is also the month Iraq becomes a donor nation (IMF). The WTO met to determine whether or not Iraq will be admitted for full membership on Dec29th. There has been no announcement of the results of this meeting as of yet. Remember the WTO had told Iraq in 2010 that they wanted to see the dinar close to the value of a dollar before they would be admitted to full membership. [post 2 of 3....stay tuned]
1-5-2014 Newshound Guru Tlar this has been a banner week for our investment. Iraq seems to be getting ready to do something maybe as early as this month with their currency. We have been waiting for the tariff law to be implemented for four years. It was implemented January 2nd. We have been waiting for over a year to see new legislation designed to encourage investment and free enterprise. They had passed those laws a while back but never told anyone. Those laws are now being implemented. [post 1 of 3....stay tuned] [See possible “to do list” in the DinarGuru resource bar on the left...#8]
1-5-2014 Newshound Guru Stryker When the CBI gets close to implementing the Deleting the Zero Project (as I believe we are in now) these types of articles come out. The way it works is simple, less dinars out in the marketplace means less dinars that need to be exchanged and the more value the new dinars will have, Economics 101. This is all great news for us dinar investors, IMO. [post 2 of 2]
1-5-2014 Newshound Guru Stryker Article: "Banks in Iraqi Kurdistan out of Cash" Quote: "It's a liquidity problem that recurs every year around the time." It recurs every year around this time because currency reform has been scheduled to take place at the beginning of each year for the past two years now. Facts have pointed to this each year. We are in another CBI READY cycle, IMO. [post 1 of 2....stay tuned]
1-5-2014 Newshound Guru Millionday they finally have the investment laws in place that will bring in the world. they are ready to reach all continents. The parliament voted on Work law during its Saturday session....it was voted through. so obviously this is great news too... industry back on and the commission saying that they have open to all continents for global investment...industry is the heart of any country and any without have to import their hearts out!! we are seeing the health of the economy of Iraq return to growth and investment with what we are witnessing. very good news. [post 1 of 2....stay tuned] [See possible “to do list” in the DinarGuru resource bar on the left...#8]
1-5-2014 Intel Guru Bluwolf Do not think for a moment that those opposed to your prosperity have given up on your not having it the way it has been arranged both in its value and time...let me inform you that a go was given...it is and has been on the banks hands for a couple of months now. They and we await for the official notification to let go or release your instructions and 800#. The rates are still very high and do not think that they will go down in a short time lapse like some are estimating...This is where we really are folks, on the most prosperous receiving end and nothing else...
1-5-2014 Intel/Newshound Guru Poppy3 ONE MORE POINT OF INTEREST WITH ALQUEDA TAKING FALUSIA THE US AND UNITED NATIONS ARE WATCHING AND AS OF THIS MORNING [SATURDAY] I AM HEARING THAT THERE IS A VERY SERIOUS DISCUSSION TAKING PLACE ABOUT RE-INSTATING THE CHAPTER 7 SANCTIONS. ...THE UN SAID BACK IN JUNE THEY (IRAQ) HAD A DEADLINE OF JAN 1 TO FULFILL THESE THINGS AND THEY HAVE ALLOWED MALIKI TO MAKE THEM FAIL IN THESE EFFORTS. SOMETHING VERY GOOD OR VERY BAD FOR US IS BREWING BEHIND THE SCENES. TIME WILL TELL SO PRAY IT IS THE VERY GOOD. [post 2 of 2]
1-5-2014 Intel/Newshound Guru Poppy3 MALIKI IS BACK IN A KILLING MODE TO THROW ALL THE REAL ATTENTION OFF OF HIMSELF. HERE WE NOW HAVE THE PEOPLE BEING EFFECTED IN A VERY NEGATIVE WAY, WE HAVE MASS KILLINGS BACK IN THE NEWS. AND THEY CAN'T SEE THE FACTS THAT EVERY TIME MALIKI IS IN A CORNER THAT THE SAME THINGS START HAPPENING. EVEN WITH ALL THIS THE FACT STILL REMAINS TO SOLVE THEIR CURRENCY PROBLEMS GENERATE CASH FLOW AND IMPLEMENT THE HCL, TARIFF, JOINING THE WTO, HAVING A WORLD TRADABLE CURRENCY AND GAINING FAVOR WITH THE PEOPLE OF IRAQ THEY HAVE TO RV THEIR CURRENCY. [post 1 of 2....stay tuned] 1-4-2014 Intel/Newshound Guru Poppy3 JUST READ ANOTHER REPORT THAT MORE BANKS ARE OUT OF MONEY IN IRAQ. I KNOW THAT TODAY WAS SUPPOSED TO BE THE FIRST DAY BACK FOR THE ENTIRE PARLIMENT AND THEY REPORTED HAVING A LARGE AGENDA OF MORE LAWS TO PASS. I DON'T BELIEVE THERE ARE ANY LAWS YET OF ANY KIND THAT WILL HOLD BACK THE RV. ALL THAT NEEDS TO HAPPEN IS THE CBI POST THE NEW RATE.
1-4-2014 Intel Guru Delta FYI...THE WORKING DAYS FOR IRAQ IS SUNDAY-THURSDAY. THE CBI START DOING CURRENCY AUCTIONS ON SAT, BUT SAT IS NOT OFFICIAL WORKING DAY. ALSO WE DO BELIEVE BASE ON PAST HISTORY FOR IRAQ, THAT THE RV SHOULD TAKE PLACE BETWEEN SUN-THU. IMO, TUE OR WED IRAQI TIME. REMEMBER!!! WE DON'T KNOW THE EXACT DATE OR THE RATE.
1-4-2014 Newshound Guru Millionday [Can you briefly explain how the bonds play into all of this?] bonds are for the gov -- they sell them and the person agrees to hold them for a certain time and they gain interest that is agreed on. they choose economically how many they need to sell. it is an economic tool. [But they would have to sell at the new rate or go broke right?] yes i would agree [And replaces the auction to keep the rate stable?] yes it is to keep inflation and the rate stable -- economic stability.
1-4-2014 Newshound Guru tlm724 Article: "The high proportion of counterfeit currency deposited with the Central Bank" The central bank has asked all banks months ago to disclose measures taken against the applicants fake banknotes...all part of the banking and anti- money laundering laws. Quote: "revealed the arrest of a gang in possession of 12 million dinars forged, asserting that the gang admitted rigging three billion dinars" they are getting them! there is a way to stop this Iraq! [yes, break out the new currency.] bingo!
1-4-2014 Newshound Guru Bondlady Article: "Traders in Basra are demonstrating to demand the cancellation of the decision to apply the Tariff Act" just like I've said...when they start taxes, the people will go nuts about less purchasing power, to tax them on 1170 is crap an they know it too lol, hang in there, the people are about to get a lot madder and the cbi will have to, IMO, do something about it very soon.
1-4-2014 Newshound Guru Millionday Article quote: "The agenda of the meeting includes a vote on the draft law on ratification of agreement on the encouragement and protection of investment between the Government of the Republic of Armenia and the Government of Iraq and the vote on the draft labor law." the vote [Saturday] on the labor law is huge...saturday is also when the budget is voted on or at least presented and of course the lack of cash right before they are closed for a couple days is not bad and also that they are planning on bonds on the 7th and have activated the tariff and customs. so we are in a great place.
1-4-2014 Intel Guru NOVA Their Banking System Is Living Day To Day Because Of The Spot They're In. Having To Play Under Article 8 With Out Having All The Tools Need To Do So. IMO, They Will Have All The Tools Available To Them Very Soon. [They appear to be running out of options...Having seen the stories of the banks facing problems around the country, do you see this as the CBI holding back from them?] I wouldn't get too perturbed about seeing the CBI auction today. They have the capability to change that rate in the blink of an eye, in the matter of a heartbeat. Just my opinion. Agree, The CBI IS Holding Back/Controlling The Cash In The System Daily. The Flood Gates Are Getting Ready To Open...
1-4-2014 Intel/Newshound Guru Poppy3 REMEMBER DR SHABIBI SAID THERE IS A POINT OF INFLATION THAT IT WILL GET TO LARGE AND MOVE TO FAST FOR THE CBI TO BE ABLE TO REIGN IT BACK IN. STAND BY FOR THE ACTIONS TO COME. THIS IS SOUNDING LIKE IT'S ALL IN OUR FAVOR. [post 2 of 2]
1-4-2014 Intel/Newshound Guru Poppy3 they have no 3 zero dinar left in banks. All are not out but many are. Many contractors are not able to pay workers and people on the streets are trying to turn to street dealers and it appears they are out also. CASH flow from from tariffs and bond sales can't generate cash flow without a rate. THEY WILL HAVE TO COME UP WITH SOME CASH FLOW VERY QUICK OR THE ECONOMIC GROWTH AND THEIR FRAGILE ECONOMY WILL SUFFER RAPIDLY. [post 1 of 2....stay tuned]
1-4-2014 Newshound Guru Stryker It means that the other two stages, tariffs on non-essential and essential goods will be next and the Central Bank of Iraq will need to adjust the value of their currency if they do not want to experience inflationary problems going forward. It is just logical that if they tax these goods at the border the adjustment needed in pricing once the goods reach the market place will be increased by at least the same, by 20%. It is also logical that this increase will be much higher than 20% because of all the other hands that the goods pass through just getting them to market. The cost of goods directly reflect the value of the Iraqi dinar! [post 2 of 2]
1-4-2014 Newshound Guru Stryker Yesterday [Wednesday] started the first of three (3) stages in the implementation of the Custom Tariffs of Iraq. All border crossings are now taxing up to 20% of all Luxury Goods being imported into Iraq. This means that additional revenue is now being added to the yearly budget which will help insure yet another surplus for Iraq in 2014. It also means that all border crossings are now linked directly with the Central Bank of Iraq for accountability which means that Iraq has taken its first real step into a Free Market Economy. [post 1 of 2....stay tuned] [See possible “to do list” in the DinarGuru resource bar on the left...#11]
1-3-2014 Newshound Guru Millionday Article quote: "Locals in Iraqi Kurdistan have found themselves unable to withdraw cash from their banks, despite the fact that they have enough in their accounts." this is great to see -- they are not giving money out at the banks...frozen accounts is what we would call that here...cash - green back - there is none so that is very exciting with what we have been looking for.
1-3-2014 Intel Guru TerryK I GOT THIS TONIGHT FROM A SOURCE... SHE SAID IF THIS DOES NOT GO THIS WEEK NOT TO LOOK FOR IT TILL MARCH.
1-3-2014 Newshound Guru Millionday the rate will be changed by data entry when it is changed as it does as it fluctuates throughout the world. we do not have to wait for budget. so the news that the tariff and customs is activated is huge and now we wait for saturday and all other movements in the strategic framework. we should see news galore coming in the next few days. [post 2 of 2]
[See possible “to do list” in the DinarGuru resource bar on the left...#11]
1-3-2014 Newshound Guru Millionday The tariff and customs laws are activated so they are now hustling to get all the ports ready and the budget through and the rate to where it should be to have fair pricing that is for global trade. the law is law so they have to act and with the fact that it is now activated -- they are ready and in the position so that in itself i can say is news and huge news. [post 1 of 2....stay tuned]
1-3-2014 Intel Guru TNT Tony I was told you should have a great great weekend...you should have had a great morning...there were minor security issues last night. All is on a positive track this morning and we should still have a great weekend...[Are the rates still in $32-36 range?] The [contract] rates are still holding, it's part of the plan now. And they raised the market rate to over $6. [post 2 of 2]
1-3-2014 Intel Guru TNT Tony I never thought we would still be talking about this. The effective date of RV in Iraq is 12/1/2013. The effective date of the international RV is 12/31/2013. The reason they can get away with doing that is because some countries have accepted the rate. The US didn't accept it, but others did which made it international. Several countries have the $3.44 rate at their CBI's. Things being done so official activation takes place here. [post 1 of 2....stay tuned]
1-3-2014 Intel Guru Nova They must have a tariff law in place to become a member of the WTO. A possible scenario is that the tariff law was enacted on Jan 2nd…but the financial structure was not open. The books for 2014 have not been opened yet, but with the tarrif law in place within a couple of days the financial system will be turned back on with a new rate...This is speculation based on the articles and what the CBI GOE and WTO are saying and doing. They must tell the world what the new rate is or they cannot sell product to the world, or have trade, ect…I believe the CBI must show the new rate when they reopen. So many things hinge upon it and everything is pointing to it being released. [post 3 of 3] [See possible “to do list” in the DinarGuru resource bar on the left...#11]
1-3-2014 Intel Guru Nova With the Tariff law enacted, the goods in Iraq must be repriced for the tariff. If the rate is not revealed…it all becomes “Undone”. The fact that the CBI did not transact business today and the ISX is closed is very telling. It is what we want to see. IMO, the ISX must be down when the rate is changed because the valuation of the companies is in USD…trading takes place in IQD but the capital and valuation is in USD. When the new rate comes out….the stocks, capital and corporate valuations must be reset to IQD for the new rate. IMO, I do not believe the tariff can be enacted at 1166. [post 2 of 3....stay tuned]
1-3-2014 Intel Guru Nova I'd be very concerned and it would have been a “bad day today [Thursday]” if we have seen the tariff law implemented and the CBI holding an auction. However that did NOT happen, which means that something really did “happen”! The Tariff law went into effect today [Thursday] and the CBI did NOT hold an auction—The CBI did not transact any business today which means that’s something is changing, something is happening. The Iraqi financial system was shut down and not transacting any business…IMO, the days are numbered how long they can continue to hide the rate. [post 1 of 3....stay tuned]
1-3-2014 Newshound/Intel Guru Eagle1 Reminding everybody about the Chap.7 agreement Shabibi signed to “Reinstate” the IQD…I feel it’s a Reinstatement and not a Revalue. But, a deal may have been made with Kuwait to come out at $4.25 and Kuwait will RV the KWD to be a little higher...my sources opinion is he expects the IQD to come out within a few cents of Kuwaits KWD. These are calculations based on the information in articles as well. [post 2 of 2]
1-3-2014 Newshound/Intel Guru Eagle1 A friend at the WTO on the US Trade Delegation said that Iraq was inducted into the WTO on Sunday but nothing will be released “publicly” until the currency reset goes live “shortly”. Sources all agree that from what the CBI, BIS, WTO, IMF, GOI are saying it is very possible to see the new rate on Saturday/Sunday. [post 1 of 2....stay tuned]
1-3-2014 Intel Guru Delta [WOULD IT BE SAFE TO SAY IF THEY JUST ONLY DID ONE THING ON THE LIST THEY WOULD HAVE TO HAVE A RATE?] YES...BIG MISTAKE IF THEY DON'T CHANGE THE RATE, I WAS JUST WATCHING ON IRAQIA TV PEOPLE ARE UPSET ALREADY AT THE PORT OF BASRA, AND IT WAS THE FIRST DAY, SO IF THEY DON'T CHANGE THE RATE AND GIVE IRAQI POWER OF PURCHASE!!! IT WILL BE A BIG PROBLEM ON THE WAY.
1-3-2013 Intel Guru TerryK I HAD FOUR SOURCES CALL ME YESTERDAY AND TO BE HONEST THEY WERE PRETTY HYPED. WHAT IM BEING TOLD IS IT IS THE UST AND FEDS HOLDING THIS UP AS THEY ARE WAITING ON GOLD STANDARD THAT WAS TO COME INTO PLAY YESTERDAY. DON'T KNOW WHAT THE DELAY IS NOW.
1-3-2014 Intel/Newshound Guru Poppy3 WE ALSO KNOW THEY CAN'T SELL THE BONDS WITHOUT SOME VALUE PLACED ON THEM THAT IS BACKED BY EITHER THE IMF, WORLD BANK, OR UNITED NATIONS. ...WITHOUT SOME AGENCY OR GOVERNMENT BACKING THEM, ANYONE WOULD BE CRAZY TO INVEST IN THEM. THE BIGGEST QUESTION IS, ARE THE U N LEADERSHIP GOING TO PLACE IRAQ BACK UNDER SANCTIONS LIKE THEY SAID FOR NOT MEETING THEIR NEGOTIATED...DEADLINES THEY AGREED TO WHEN ASKING TO HAVE THE SANCTIONS LIFTED. [post 2 of 2]
1-3-2014 Intel/Newshound Guru Poppy3 WE DO KNOW THAT FOR A TARRIF TAX TO PRODUCE ANY CASH FLOW...THERE WOULD HAVE TO BE A VALUE ON THE CURRENCY OR THE TAX WILL AMOUNT TO NEXT TO ZERO. SAME IS ALSO TRUE FOR THE HCL LAW BEING IMPLEMENTED. WITHOUT A VALUE ON THE CURRENCY THEY COULD NOT PAY THE PEOPLE THE 17% THEY ARE TO RECEIVE FROM OIL REVENUES. [post 1 of 2....stay tuned]
1-3-2014 Intel Guru Bluwolf Once we rv there is at least a 30 day exchange period, it has always been that way (for there are trillions around the world to be recollected)...
1-2-2014 Newshound Guru tlm724 Article quote: "Baghdad and Erbil reached a joint decision to spend deposit money Kurdish oil exports account for Iraq in the United States instead of depositing them in the bank Turkish government..." Baghdad and Erbil reached a joint decision...hello, HCL! bring it on baby!! Article quote: "Economic parliamentary confirm that the government will send a budget to the House of Representatives next Saturday" budget Saturday to the house too!! the news truly does get better and better everyday, talk about quantum leaps, they are over the moon in giant steps forward!! [whats next?] a green light situation!
1-2-2014 Intel Guru Loechin There is nothing left to be signed, posted, read, or done. All and I mean all is completed.
1-2-2014 Newshound Guru tlm724 Article: "Minister of Finance Agency purity of net debt, on Thursday, the launch of a law of customs tariff, noting that the entry of goods will be through the new mechanism." I was holding my breathe on that one, waiting for them to say nah not ready but...they didn't, they did it! you know what this means? "the Iraqi ports in Basra began, today, the implementation of the customs tariff law " it means the port customs office is linked electronically to the CBI and the MOP office ...its what I have been waiting to see. [See possible “to do list” in the DinarGuru resource bar on the left...#11]
1-2-2014 Intel Guru Dinar Wishes I was told it doesnt matter what happens, when the one who has control lets it go then it will go…not a minute before… I know it was stopped within Seconds of going…Has been several times… They make the schedule and then the countdown…AND BOOM!!! It gets stopped. [in your opinion are we looking for this in first 1/4 or later?] I do feel we could see it… But, I'm worried about the fact it should have happened already. Im waiting on a call from one of my sources and hope to get news soon… But, I was told not before the 7th…Its not a matter of if…But when. [post 2 of 2]
1-2-2014 Intel Guru Dinar Wishes I am hopeful to see this come to fruition soon, but I can’t honestly say the intel says that is to be.. I haven't had Bad news… But, I haven’t had any solid Day/Rate given today… Iraq has done everything they have been required to do… Its not in their hands, hasn’t been in a Long time…Now, have they had things they have needed to do to function??? YES!!! One way Countries make money is by selling Bonds...Selling Bonds Makes Money like you going to a Bank and getting a Loan… [post 1 of 2....stay tuned]
1-2-2014 Intel Guru TerryK HAVE GOTTEN TWO MORE CALLS THIS AFTERNOON. THINGS SOUNDING REALLY GOOD FOR TONIGHT OR IN THE AM.
1-2-2014 Intel/Newshound Guru Poppy3 HE STATES THE TARIFFS HAVE NOT BEEN IMPLEMENTED EVEN THOUGH THEY HAVE BEEN ANNOUNCED. HE ALSO SAID THE ONLY WAY THEY WILL BE IS IF THE RATE CHANGES THIS WEEK. ONLY TIME WILL TELL.
1-2-2014 Intel/Newshound Guru Poppy3 MY SOURCE SAY THEY WILL NOT WASTE THE MONEY TO EVEN START IMPLEMENTATION OF THE TARIFFS WITHOUT A VALUE. HE SAID THEY HAVE ALREADY STATED IT WILL TAKE ABOUT 3000 GOVERNMENT EMPLOYEE'S TO IMPLEMENT THE TARIFF LAWS AND THEY WILL NOT HIRE AND TRAIN THEM TILL THERE IS A VALUE ON THE CURRENCY TO PAY THE PEOPLE IT WILL TAKE TO RUN THE TAX SYSTEM.
1-2-2014 Newshound Guru Millionday the US has met with the Iraqis and they are activating the strategic framework agreement 100% -- WOW we sure do like that.
1-2-2013 Intel Guru TNT Tony I have received nothing but good news for the last 2 days and I fully expect you to have a super-fantastic weekend. Things are still in motion and everyone is excited. I did get some additional cashout/exchange procedures for both the IQN and the VNN. I am looking forward to tomorrow...and a great weekend...You never know, your whole world could change by then.
1-2-2014 Newshound Guru Administrator Bob Luxury tariffs begin today. Parliament resumes legislation on Saturday.
1-2-2014 Intel Guru TerryK None of my contacts can understand why this is taking so long, but I have a feeling it has more to do with the release of CMKX, FYI. AS I SAID IN THE PAST THE CMKX AND THE RELEASE IS AND SHALL BE CONNECTED. HAVE HEARD THAT FOR THE PAST FEW YEARS AND ON THE CMKX I'M BEING TOLD IT'S HOUR TO HOUR, ANYTIME.
1-2-2014 Newshound Guru Tlar All he is saying is that...the bank is dumping dollars for dinar at the auctions and that the internationals taking hard currency out of the country as we pay them and the Iraqi economy is suffering because of this. Again he is blaming the bank for this perceived entire mess of the economy because of their not making the dinar international. You know what, this guy is right IMO. Make the dinar international at a buck and watch these problems disappear. [post 3 of 3] [See possible “to do list” in the DinarGuru resource bar on the left...#10]
1-2-2014 Newshound Guru Tlar Article Quote: "Warned parliamentary sources familiar with the collapse of the Iraqi monetary policy in light of the continued dollar selling in the auction of the Central Bank, and revealed a blueprint for the continuation of the process of money laundering agreement with American officials through non-recognition of the Iraqi dinar in international transactions." [post 2 of 3....stay tuned]
1-2-2014 Newshound Guru Tlar Article: "Auction Central Bank monetary policy threatens to collapse" I think, and I may be wrong, but what this article is saying is that the internationals won't accept the dinar in payment but rather they want hard currency at the expense of the Iraqi economy. They get paid in USD and take the majority of it out of the country and that is hurting the economy of Iraq. The first paragraph is very telling and it is a direct indictment of the CBI monetary policy for not having made the dinar international. [post 1 of 3....stay tuned]
1-2-2014 Intel/Newshound Guru Poppy3 I JUST HEARD TODAY THAT THE TARIFF LAWS WILL BE POSTPONED TILL LATER, SO THAT DATE WILL COME AND GO ALSO. THE ONLY REASON I CAN THINK OF THAT WOULD KEEP THE UN FROM MAKING THE MOVE IS THEY ALSO FEEL THAT IRAQ IS WITHIN DAYS OF COMPLETING ALL THESE THINGS OR WHY WOULDN'T THEY BE ANNOUNCING THE SANCTIONS GOING BACK IN PLACE? TIME WILL TELL BUT FOR NOW NO RV IN OUR NEXT FEW DAYS. [post 3 of 3]
1-2-2014 Intel/Newshound Guru Poppy3 THEY WHERE TO HAVE IMPLEMENTED THE HCL, TARIFF, BECOME FULL MEMBERS OF WTO AND HAD THE RV COMPLETED SO THESE THINGS WOULD BENEFIT THE PEOPLE OF IRAQ. AS WE ALL CAN SEE THE DEADLINES WERE SNUBBED AGAIN. [post 2 of 3....stay tuned]
1-2-2014 Intel/Newshound Guru Poppy3 FOR ME THIS DAY [JAN. 1] SHOULD BE A DAY THAT THE UNITED NATIONS SHOULD BE PLACING IRAQ BACK UNDER CHAPTER 7 SANCTION ACCORDING TO MANY STATEMENTS MADE BACK LAST JUNE WHEN THEY RELEASED THEM FROM CHAP. 7. AT THAT TIME THEY REPORTED DEADLINES FOR SEVERAL DIFFERENT PROGRAMS THAT WERE TO BE MET WITH A DEADLINE FOR COMPLETION BEING TODAY JAN 1. [post 1 of 3....stay tuned]
1-1-2014 Newshound Guru tlm724 There is only one way to this, dedollarize, they must stop the auctions and introduce the lower denoms which coincides with an increase in the value, period! It would not surprise me to see the auction's stop within the next few weeks IMO because if they don't stop Iraq's monetary policy and all the wealth that comes with it will collapse! I don't believe for one minute that the International powers working hand and hand with Iraq will allow that to happen...the dinar must be recognized and accepted throughout the world. [post 2 of 2]
1-1-2014 Newshound Guru tlm724 "Auction Central Bank monetary policy threatens to collapse" The continuation of these auctions will destroy the whole monetary policy of Iraq! It goes against everything they aim to achieve! Quote: "the financial policy of Iraq at a critical juncture in the light of the growing phenomenon of selling the dollar at the central bank auction to sell the currency," This critical juncture the author refers to means that corrective action MUST be applied NOW to stop the train wreck to their currency reform! [post 1 of 2....stay tuned]
1-1-2014 Intel Guru Okie_Oil_Man I WAS INFORMED TUESDAY THAT I WOULD RECEIVE 800#'S TODAY---WELLLLLLLLL===I'M WAITINGGGGGGGGGG!!!!! I AM AWARE OF 2 PARTICULAR GROUPS CASHING OUT AS I SPEAK---DONT ASK ME HOW---I DON'T KNOW----- [Are they waiting on a certain event or time to cut loose with this thing?] ANY MOMENT--EXPECT IT ANY TIME NOW.
1-1-2014 Newshound Guru Enorrste Instead of laying the blame on the USG, the author is directly aiming at "senior American and international companies" for the delay. We are, therefore, being led in another direction entirely. Furthermore, and this is really shocking to me, the statement says that this is the "biggest corruption in the history."! That is an amazing statement in itself. [post 3 of 3]
1-1-2014 Newshound Guru Enorrste It would be one thing if the author of the article, who is clearly knowledgable of the situation...had said directly that it was the US Government that was causing this delay. One could have then speculated that the USG was afraid, for instance, that Iran may have a lot of dinars, etc...However, the article doesn't even mention the USG. [post 2 of 3....stay tuned]
1-1-2014 Newshound Guru Enorrste Article: "Auction Central Bank monetary policy threatens to collapse" This is the first article to offer a possible REASON for the delay. We have speculated for months now that it has been Maliki who has been behind the delay, beginning with the sacking of Shabibi. However, this article paints an entirely different picture. [post 1 of 3....stay tuned]
1-1-2014 Newshound/Intel Guru Bluedog So there must be an agreement finished on the Budget...what do you all think? HCL and maybe Article 140???...of course there is ...Barzani said his meeting went good and he was happy ...do you think that oil has a new figure... sure it does...they tested this pipeline days ago the meter was working perfect so "bingo"... [post 3 of 3]
[See possible “to do list” in the DinarGuru resource bar on the left...#2 and 6]
1-1-2014 Newshound/Intel Guru Bluedog We "should" see a New Rate soon (as soon as they "want" us to know, which I do not think they can hide for too long) ...that valve is HCL...all in one...Iraqi...Kurdistan, began exporting crude heavy oil to the world market in a new step to strengthen its control over the lucrative slicer away from the central government in Baghdad. This is "KEY" and "HUGE" to those of us invested in Iraq, IMO. [post 2 of 3....stay tuned]
1-1-2014 Newshound/Intel Guru Bluedog Barzani and his delegation have been working in Baghdad and Baghdad has sent earlier this week a delegation to Erbil...Parliament members have stated the hold up is oil with Kurds well here we have it the oil is flowing ...there must be a New Rate in that pipeline...and its flowing from Kurdistan to Turkey, as of an article earlier today. [post 1 of 3....stay tuned]
1-1-2014 Intel Guru Frank26 I believe that since 2007 we need to consider at least 10% more to be added to it based on their galactic 2014 budget. It would be...around 425. I do not give you a date nor a rate...this is an analysis of their words because ...their variables are very untruthful. ...keep this in mind: There is no law that needs to be passed. There is no door that needs to be knocked on. Only a phone call from the IMF to the CBI with a new rate. [post 2 of 2]
1-1-2014 Intel Guru Frank26 The most impressive thing for me with I Team is when I asked them their opinion about January 2nd...they replied the same way they did two weeks ago...we are still not privy to discuss that right now Sir. I asked I Team to please let me know the moment they hear anything about an RV. They said no Sir...RI. Hmmm. What did the MoP and MoF say in 2007 about a rate of $1.17? Not gonna do it. What did they say about $3.2108? Not gonna do it. They said to add 20% to it which would take it to $3.86. Not gonna do it...IMO. [post 1 of 2....stay tuned]
1-1-2014 Newshound Guru Tlar We know we can't trust the CBI, EC, FC or COM now about a release date because they lied to us when they announced earlier that they were postponing this until after the elections but then the CBI held secret meetings telling the concerned Ministries they they had plans to do it in January. We know now that they will give us no accurate heads up. They will just spring it on us. [post 3 of 3]
1-1-2014 Newshound Guru Tlar We know, if we are to believe what the member of the FC that leaked the date to the press told us, they are ready and that they had plans to delete the zeros in January and release the smalls. We know that they are now saying they are not ready ever since the leak, but we know they had good reason for the denials because they had a run on the banks. [post 2 of 3....stay tuned]
1-1-2014 Newshound Guru Tlar Shabibi was ready to do this at least three times and was stopped by the government. He appeared to want to do this without the HCL, Article 140 or the Security and Interior Ministries being in place. He was going to do it without the economic laws that we feel must be in place before this can happen. He was going to do it even though the rates were not at the 2% spread toward the end of his governorship of the CBI. [post 1 of 3....stay tuned] [See possible “to do list” in the DinarGuru resource bar on the left...#6, 7, 8 and 9]
1-1-2014 Newshound Guru Kaperoni Again, I stick with the float because it is confirmed right in the the IMF Article IV consultations - says..."gradual appreciation" based on the Ballasa-Samuelson effect. I do think Article VIII is coming soon within a few months for sure. This is clearly needed to make the dinar convertible for investors to come into Iraq. [post 2 of 2]
First Guru Post of 2014!
1-1-2014 Newshound Guru Kaperoni IMO, if you look at delete 3 zeros as an event, we dont want it to happen now. What we want is for the dinar to rise first. And the recent articles implying they are putting off this plan for 2 more years is then in our favor. This will give the CBI and GOI time to raise the value via Article VIII and a new exchange regime prior to that event. [post 1 of 2....stay tuned]