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6-19-2013 Intel Guru TD World finance and deal making can change suddenly. I've only reported to you what was status quo at that immediate time frame. Can events unfold and more negotiation carries us past Ramadan: Certainly, but for right now events may also unfold at Godspeed. I'll keep you on notice as I am permitted. Watch for favorable developments in the next 48 hours to perhaps this weekend. Right now that's the best I can share "....there you have it from the Sandbox . (I don't know if I can sleep in the next 48 hours !) . TD [post 4 of 4]
6-18-2013 Intel Guru TD Developments especially today could speed up deal making even before Ramadan. Many MP's left today's session optimistic that we may be able to provide the most celebrated and happy Ramadan ever for our people. Here's the bottom line : We have put offers of currency reform on the table coupled with these investment mechanisms to many entities in particular (among too many to list ) the World Bank & IMF. We actually expect a favorable and quick response. [post 3 of 4....stay tuned]
6-18-2013 Intel Guru TD ...as I write to you members are toasting of the news with their families, friends and neighbors. News travels fast in our country. Probably Wednesday & Thursday you'll see various articles come out anyway. Well to the part which you and your friends holding our notes, I'll share with you this important information: While many of your friends regard IQD appreciation as a worldwide event, it's extremely complicated in that our interest is tied to investments, favorable loans, infrastructure building etc. It's not just a question of raising the value of our notes and exchanging them. It's extremely complex. Last month I reported to you of currency reform in June and plans of execution toward the late summer/early fall timeframe. [post 2 of 4....stay tuned]
6-18-2013 Intel Guru TD A few hours ago I received the most extraordinary email from my GOI contact..."TD this has been the most extraordinary day of Iraqi politics of our new Republic. While it is no secret to anyone worldwide of the differences of factions, today at Parliament we were brothers in a common cause of building the foundation of a new Iraq for ALL of our people. MP's were all united in passing a majority of laws, drafts & provisions relative to structure building of our democratic state. Many members of the GOI and other dignitaries were watching history in the making. [post 1 of 4....stay tuned]
6-18-2013 Intel Guru Flashing So as the results of the recommendations of ban ki in his report were as i expected and i discussed with you in the past...We are in a great momentum. I recalled way back when i said the rv will not be possible until Iraq meet their obligations under ch 7, well they have meet them accordingly to ban ki moon. As i said too imo the $11 billions will be paid in full and it will be done on or before june27. Also i think they already have a commitment for such payment (imo). So guys everything is wonderful and our party is about to start. IMO, we are just waiting for final protocols which include the release.
6-18-2013 Newshound/Intel Guru BGG Article: "What has been agreed between Maliki and Barzani will be activated soon" Other than the most recent 5 point deal…the only other thing recently agreed to was between Maliki and Barzani in secret (remember??). I am not sure what to make of this – but it does sound encouraging (as do a lot of things right now).
6-18-2013 Newshound Guru Enorrste So what happens with the 7 trillion dinars outside the country? They are cashed in by speculators and end up as reserves by the countries that cash them in. Just as their are trillions of dollars sitting as reserves around the world (i.e., not a concern to our country), similarly there will be trillions of dinars sitting as reserves around the world and Iraq will not need to be concerned about them. In short, they will never return to haunt Iraq any more than our dollars have returned to haunt the US...They will announce a float and draw in the dinars within the country during the next 6 months to 2 1/2 years, and replace them with new small denominated notes as the value rises and the smaller notes become necessary for commerical activity within the country. They are on record that this will take about 2 years beginning in 2014. Furthermore, they are on record that the issuance of the NEW currency will occur in January of 2014. IF they need small denoms between now and then (the next 6 months), assuming the float is announced shortly, then they will use the ones that were printed in 2003 and that are sitting at the CBI for that purpose (existing small denoms of the same currency we hold.) Bottom line: this is talking about the final stages in preparation to unfold the plan. This is ALL GOOD! [Post 3 of 3]
6-18-2013 Intel Guru WILDDUCK THE STORIES BE TOLD ARE ALL GOOD, NOT SEEING ANY BIG HANG UPS...THE TIPPING POINT HAS BEEN REACHED, HANG IN THERE...
6-18-2013 Newshound Guru Mountainman I see we aren't rich yet...didn't think it would happen last night, looking for maybe tonite Iraq's Wednesday...hope it does get done by the end of the month.
6-18-2013 Newshound Guru Enorrste The new money supplied within the country will amount to 25 billion dinars. If, as they say, they allow the VALUE of the dinar to rise to "about $1), then if they have $80 billion worth of reserves at that time, then they will have over 300% coverage of their money supply, in country. Furthermore, they could allow the dinar to go to $3 per dinar and still have over 100% coverage of their money, keeping them as the strongest currency in the world. So what happens with the 7 trillion dinars outside the country?... [Post 2 of ??? Stay tuned for the rest of the story...]
6-18-2013 Newshound Guru Enorrste ...the CBI is stating that their CURRENT money supply of 33 trillion dinars, which is worth about $30 billion, is covered by 2.5 times with their $80 billion in reserves. In other words, their current money supply has 250% coverage. Having said that, let's assume that Iraq does what it says it will do and withdraws the large denominated notes beginning in January of 2014. We can reasonably suspect that about 7 trillion dinars are outside of the country. This would mean, then, that they would withdraw about 26 trillion dinars from circulation. Of course these dinars will have to be replaced, as they have said (otherwise they would have NO dinars in the country) and they have stated that they will issue 25 Billion dinars to replace the 26 trillion that they remove. Now, let's go one step farther... (Post 1 of ??? stay tuned for the rest of this juicy analysis! )
6-18-2013 Intel Guru Okie_Oil_Man THERE ARE MUCH POSITIVE NEWS COMING IN THIS MORNING. LET'S SEE WHAT THIS DAY MAY BRING--WILL UPDATE AS INFORMATION BECOMES VERIFIABLE--BLESSINGS.
6-18-2013 Newshound Guru Kaperoni Shabibi knew that the UN resolutions preventing him from engaging the banking system with the world were lifted back in Dec 2010. Therefore, he moved quickly (June 2011 and again April 2012) to facilitate the banking system. They are ready, been ready and could do it at anytime. Maliki stands in the way. As for this lifting of UN Chapter VII and moving the remaining files to Chapter VI, yes it is very good as it takes the "stigma" of being under UN sanctions away. That stigma has been a problem for Iraq and hopefully this event will clear that up giving full sovereignty to Iraq to re-engage, and re-emerge in the global economy. [post 2 of 2]
6-18-2013 Newshound Guru Kaperoni IMO, it does not matter how big this event is, or who is wanting it. The bottom line is, and it's stated everywhere on the IMF, is that the IMF cannot make a country do anything. Yes, they have agreements such as Stand by Agreements (SBA's), or a Charter (To promote international monetary cooperation) in which members agree to adhere to...but each country must facilitate these reforms. The guidance comes from the IMF, but it is ultimately up to Iraq to execute. And we have seen Maliki often stall. So nothing is done, and nothing is set in stone. As long as he is doing this on his schedule, we wait..no matter the outside interest or forces. [post 1 of 2....stay tuned]
6-18-2013 Intel Guru Jester EVERYTHING IS GOING WELL...EXCITING TIMES...WORK CONTINUES TO PROGRESS... ALL ARE WORKING DILIGENTLY TO BRING THIS THING TO AN END... EVERYTHING IS GOING THE WAY IS WAS PLANNED...THE THINGS WE WERE WAITING TO SEE ARE UNDERWAY...SHOULDN'T BE THAT MUCH LONGER NOW...
6-18-2013 Intel Guru Jester [Did they write the $11 Billion check???] NOT TO THE BEST OF MY KNOWLEDGE... THAT IS A FORMALITY NOW... REMEMBER I TOLD YOU BEFORE ALL THEIR ISSUES WOULD MAGICALLY GO AWAY... WELL IT IS HAPPENING. [do ya think this could still be going a couple of weeks from now taking us into July?] NOPE. [Have you heard any of the details from Eagle1... ? Basket 1 tomorrow, 2 a week from now] BASKETS ARE BS... THIS IS A GLOBAL RESET... ALL WILL GO AT ONCE.
6-18-2013 Newshound/Intel Guru Eagle1 [via BulldogFord65] Bluestar asked if we’re waiting for one currency to come out to start the GCR train? Eagle1’s opinion is that this is about the world, not about one country/currency, this plan has been structured and put in place the last 10 years, and while the IQD is pivotal in the plan, there is not one currency that moving the train; Eagle1’s opinion is that a political situation in a particular country does not change the nation’s asset base; if the political situation becomes very unstable (like Syria), in his opinion the UN would likely place sanctions on the nation, and the IMF would freeze their currency at a program rate. [post 2 of 2]
6-18-2013 Newshound/Intel Guru Eagle1 [via BulldogFord65] in Eagle1’s opinion the 1st basket is being released tonight [Monday]; Eagle1 confirmed that it is in his sources’ opinions that it will go tonight, and the IQD is in the first basket, so is the VND; there are 25 currencies. In Eagle1’s opinion from his sources’ opinions, it looks like the IQD will come out at 3.43, then close to double in a year; this is a RUMOR and OPINION. Frank asked Eagle1 if he has any opinion on where the VND will come out? In Eagle1’s opinion, it will come out at 0.4778. [post 1 of 2....stay tuned]
6-18-2013 Intel/Newshound Guru Poppy3 ALL THE NEWS IS VERY EXCITING AND EVEN THE FACT THAT I AM HEARING FROM SOURCES I HAVEN'T HEARD FROM SINCE THE MIDDLE OF MARCH AND THEY ARE EVEN PUMPED UP AT THE NEWS AND POSSIBILITIES THEY SEE AHEAD OF US.
6-18-2013 Newshound/Intel Guru Frank26 [via BulldogFord65] There is a UNSC vote on June 27 regarding lifting chpt 7; fireflies at the UN already reporting that they will vote to release them...in Frank’s opinion, it’s already decided. we need to see the Qi cards distributed between June 19 – 27; and then chpt 7 release on June 27. After the 27th, the IMF should not be part of the vocabulary going forward as Article 4 bridged them and with chpt 7 release, all is fulfilled for the IMF. Frank cannot and will not give a date or a rate...stay steadfast and be strong – PREPARE YOURSELF. [post 3 of 3]
6-18-2013 Newshound/Intel Guru Frank26 [via BulldogFord65] the IMF is in control of permissions to countries to raise the value of their currency; there is no link to an article or condition that explicitly states that the value of the currency must be lifted before the chpt 7 can be lifted, however, obeying the direction of the IMF and satisfying their plan IS a condition of chpt 7; an international currency is one of the directives of the IMF to Iraq, so, they must have an international currency to meet the IMF requirements, and meeting the IMF requirements is necessary to get out of chpt 7...The IMF is the one that appointed Shabibi...and where is S [Shabibi] right now??? USA...“TA DA”. [post 2 of 3....stay tuned]
6-18-2013 Newshound/Intel Guru Frank26 [via BulldogFord65] I Teams are no longer protecting the ministers as the meetings are over...I Teams confirm that everything is “good to go”. Notice that the GOI is not on vacation as they should be now – why? In Frank’s opinion it is because the budget is near release. Iraq is going to the UN to go from Chpt 7 to Chpt 6; who controls chpt 6, the IMF? No, the UN; chpt 6 are sanctions from the UN Security Council put on Iraq ...there is only a single shred of chpt 7 remaining, international currency status... [post 1 of 3....stay tuned]
6-18-2013 Newshound Guru Bondlady a few years back when shabibi was talking...he said at some point he would peg the dinar to the yen and other currencies in that basket and he wanted to become a donar country when they deversified from just oil and built the private sector and economy? ...this is what iraq is doing now...imo iraq is and soon, they already moved towards the free market and they are doing their own stuff too like cement, copper, phosphorus lots and lots, agriculture and dairy, livestock...shabibi said the private sector and the economy is what would build a strong dinar rate, as strong as it already is removing them from chapter 7 brings out their party clothes.
Below are the latest guru updates from late last night and yesterday...be sure to check them out before you leave...
6-17-2013 Intel/Newshound Guru Poppy3 AS I HAVE SAID MANY TIMES WHEN DR SHABIBI WAS GOVERNOR OF CBI HE STATED THAT THE IRAQ DINAR WOULD BE THE STRONGEST AND BEST VALUED IN THE MIDDLE EAST AND MANY ECONOMIST ALSO SAID IT WOULD BE WITHIN A DIME OF THE KUWAIT DINAR IN EXCHANGE VALUE. THIS ADDS TO SPECULATION OF THE RATE POSSIBILITIES FOR ALL OF US. POPPY3 [post 2 of 2]
6-17-2013 Intel/Newshound Guru Poppy3 PARLIAMENT TO RESUME TOMORROW AND THEY HAVE ON SCHEDULE 18 LAWS TO BE SETTLED DURING THIS SESSION. MANY OF THESE ARE LAWS WHICH WILL ENHANCE THE POSSIBILITIES OF CONTROL OF POWER AND MALIKI'S HOLD ON THE COUNTRY. STAY ALERT. ALSO HAVE HAD A COUPLE CONTACTS TODAY SAYING THAT KUWAIT DINARS HAVE INCREASED IN VALUE TO CLOSE TO $4.00. THIS IS SOUNDING VERY GOOD. [post 1 of 2....stay tuned]
6-17-2013 Intel Guru Okie_Oil_Man THIS MIS-UNDERSTANDING I FURNISHED TO ABOUT 3 INDIVIDUALS THINKING THE GENTLEMAN WAS REFERRING TO THE IQD AND NEVER CONSIDERED HE WAS REFERRING TO THE KWD. THE PERSON WAS IN KUWAIT CITY WORKING IN IRAQ SO NATURALLY I ASSUMED HE WAS PAID IN IQD--NOT SO--I WANTED TO CORRECT THIS MISCONCEPTION AND APOLOGIZE FOR FURTHERING INFORMATION I HAD MIS-UNDERSTOOD. [post 2 of 2]
6-17-2013 Intel Guru Okie_Oil_Man I NEED TO MAKE A CORRECTION TO INFORMATION FURNISHED ME LAST NIGHT. I WAS TOLD BY AN -----EMPLOYEE OF THIS OIL COMPANY HAD BEEN PAID THE 15TH IN DINAR. THIS WAS TRUE BUT WHAT HE FAILED TO CLARIFY WAS THEY HAD BEEN PAID IN KUWAIT DINAR. THE RATE HE SAID WAS ABOVE WHAT I HAD THOUGHT HAD BEEN POSSIBLE WITH THE IRAQI DINAR. [post 1 of 2....stay tuned]
6-17-2013 Newshound Guru Tlar These funds that are expected to be 80 billion by the end of July, are beginning to tie up too much of the country’s wealth. The annual budget in Iraq is a little more than 100 billion dollars. At some point these funds, the reserves must be put to use or it gives the government an excuse to again attack the CBI. "At use" means building something or creating something or backing something. I hope very shortly we have an answer to what will become of these funds. I hope the accumulated reserves will be backing something, as in the new value of the dinar. [post 2 of 2]
6-17-2013 Newshound Guru Tlar The CBI is on another collision course with the government over their immense reserves. As these funds continue to grow they become burdensome on the Iraqi economy. The CBI does not build or create any product. It is intended to support the currency through monetary policy only. As the CBI continues to stock pile and suck up capital, we must remember where this capital comes from. It comes "out" of the economy. [post 1 of 2...stay tuned]
6-17-2013 Intel Guru Jester [do you agree with Okie things can happen anytime?] absolutely... i was the third one he told and i know the rest of the story... lol. [do you think the RV could be held up past the UN meeting on the 27th?] i really do not see that happening... and i will tell you that it does not have to wait that long either... they can do what they need to do by writing a big check...with some of the last pieces of the puzzle falling into place this could literally happen at any time.
6-17-2013 Intel Guru TD Just in...from my GOI source: The CBI has been awfully quiet since announcement of a commission formed to make progress on the currency reform taking place here in June. Some VERY POSITIVE announcements shortly coming from them this week. Is it the RV? Mums the word he says....(He couldn't say anything more ).
6-17-2013 Newshound Guru Stryker Article quote: "and vote on the draft law on monetary and banking training centre." IT LOOKS LIKE THEY WILL BE VOTING ON MONETARY CHANGES TOMORROW AND COULD VERY WELL BE THE MONETARY REFORM THAT THEY/WE NEED, VOTE TOMORROW AND IMPLEMENT JULY 1ST AS MOST MONETARY CHANGES TAKES PLACE EITHER AT THE FIRST OF A COUNTRIES FISCAL YEAR OR AT MID FISCAL YEAR, HENCE JULY 1ST.
6-17-2013 Intel Guru Okie_Oil_Man I HAVE MADE ARRANGEMENTS TO BE ABLE TO POST THE GRADUATION POST FROM ANOTHER LOCATION WITHIN MINUTES OF RECEIVING WHICH I AM ANTICIPATING ANY MOMENT NOW FORWARD. THE ACCOMPLISHMENTS ACCOMPLISHED THIS WEEKEND WAS TREMENDOUS. OUR OIL FIELD PERSONNEL WHICH I KNOW PERSONALLY WAS PAID ON THE 15TH WITH DINAR INSTEAD OF DOLLARS, SO--IT SHOULDN'T BE LONG BEFORE IT HITS THE U.S.A.
6-17-2013 Intel Guru Bluwolf ...this rv should become a reality way before the 27th and it shall appear like a thief in the silence of the night...all sources in or around this thing are very excited and positive in seeing this appear sometime in the following days and in or around the 5 pm pst period time frame. The rates are still emphasizing the same... [post 2 of 2]
6-17-2013 Intel Guru Bluwolf Confusing as it may seem we are about to see our dreams come to be for nothing or no one can do anything to hold or stop this incoming train. Besides you all know that on the 30th all transactions done in Iraq shall be liquid, and you also do know that the only thing that was left for Iraq to do was done ( rv ) before the UN, and that on the 27th it shall be announced that there sanctions portfolio shall be officially eliminated. [post 1 of 2....stay tuned]
6-17-2013 Newshound/Intel Guru BGG Article: “Economic” intends to limit the Governor to discuss steps to lower the dollar" in short, Dr Shabibi is about to be exonerated and Turki is going to have to answer for what is going on and why he didn’t produce as “advertised”.
6-17-2013 Intel/Newshound Guru Poppy3 We try to tie our sources to what the news is to get as good solid information as we can. So, we got information from the UN, from government insiders & all agree that a major push is on to settle differences to do the Erbil, the HCL, the 140 & the RV. All of this has taken place in the last 5 or 6 days. I'm excited & have great anticipation to what is coming up. Comments have been made from 3 different sources that don't talk to each other & telling me the facts as they know them & are telling me between the 20th & the 25th. I don't know this for sure & neither do they, but that's what they are being led to believe. I pray that this is right & keeps heading in the right direction. [post 2 of 2]
6-17-2013 Intel/Newshound Guru Poppy3 Things are so awesome. This coming week there are meetings on the tariff laws & plans to implement them and the HCL Law is supposed to be finalized asap. Ban Ki Moon says that Chapter 7 will be approved as long as they pay their bills. That is the only thing they were waiting for, the bill payment to Kuwait. It was going to be finalized in July before they met with the UN, well today an article says this week, the 20th. That sounds pretty darn good to me. Barzani is to visit Bagdad this week to finalize the Erbil agreement. [post 1 of 2....stay tuned]
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