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3-31-2013  Intel Guru Okie_Oil_Man   I AM AWARE OF MANY PROCESSES AND PROCEDURAL DEVELOPMENT'S THAT HAS TRANSPIRED ONLY IN THE LAST COUPLE OF DAY'S. THAT GIVES ME HOPE THAT THE LATEST PREDICTION OF THE TIMING OF THIS EVENT MAY FINALLY BE CORRECT.   IT NOW APPEAR'S THAT HISTORY IS READY AND AWAITING TO BE FULFILLED.  BE AWARE I AM ON THE WATCH AND STILL LOOKING FOR THE GOLDEN EGG THAT THE GOLDEN GOOSE LAID--WHEN I FIND IT I WILL SHARE WITH EACH OF YOU--(THERE WILL BE PLENTY TO SHARE)  [post 2 of 2]

3-31-2013  Intel Guru Okie_Oil_Man    GOOD EASTER AFTERNOON AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIENDS. WELL IS IT OR ISN'T IT? WE KEEP HEARING ABOUT THE INEVITABILITY OF THE C/E TONIGHT OR TOMMOROW. WE HAVE BEEN TOLD TODAY, TONIGHT OR TOMMOROW THAT WE ARE ALL CALLOUSED FROM THE CONFUSING SAME INFORMATION OVER AND OVER PREVIOUSLY.  THIS TIME MAY PROVE DIFFERENT THOUGH. FROM WELL PLACED SOURCES WE KEEP HEARING FOR SEVERAL DAY'S THIS IS OUR TIME. WE HAVE BEEN INFORMED SO MANY TIMES WRONGLY IN THE PAST---BUT---THEY ONLY HAVE TO BE RIGHT ONLY ONCE. IT WOULD BE THE  EPITOMY OF IRONY IF THIS TIME THOSE WHO HAVE BEEN CRYING WOLF ACTUALLY SAW THE WOLF.  [post 1 of 2....stay tuned]

3-31-2013  Intel/Newshound Guru Poppy3   [is it true and conferm that the budget was puplished today [Saturday] ?] YES IT WAS PUBLISHED AND IS OPEN BUT WILL NOT TAKE EFFECT TILL MONDAY OR TUESDAY WHEN ALL THE SMART CARDS ARE CHARGED RETRO-ACTIVE BACK TILL JAN 1 .   POPPY3

3-31-2013  Newshound/Intel Guru BGG  from what I hear - minor delays - nothing major...things are still in progress...doesn't mean it can't be derailed - for now, breathe, relax, enjoy.

3-31-2013  Newshound/Intel Guru Bluedog   yes were close.  you may hear something sunday but will see it next week when they start to use their budget.  we have to watch them lay it all out...all facts point done...the only news I will watch is for the Rate to come out.

3-31-2013  Intel Guru Frank26   the 2013 budget for Iraq is now in the Gazette.  Unfortunately.....just as we told you the rate is not in this publication...nor did we expect it to be. we also do not expect to see it on the first with the budget.  I talked with DELTA...and we both agreed that this coming week is extremely serious to our investment. The atmosphere not just in Iraq but around the world has an aromatic scent of an RI/RV to it...a sweet ambrosia.

3-31-2013  Intel Guru BOBGETZ6   I, as usual, am always somewhat ambivalent when it comes to this investment. I do feel as if we are in a better position than ever before.   If the budget is indeed published in the Gazette, I see that as huge. 3-30-2013  Intel/Newshound Guru Poppy3   THERE WILL NOT BE ANY FANFARE PRIOR TO THE RELEASE OF THE RATE WHICH WILL SHOW ON THE CBI FIRST BEFORE ANY MARKET?  AFTER WE SEE THE RATE POSTED ON THE CBI THEN IRAQ OFFICIALS ALONG WITH LEADERS FROM ALL AROUND THE GLOBE WILL BE ARRIVING FOR THE FORMAL CELEBRATION . TIMING IS IN THEIR COURTS AS USUAL. IF YOU AREn'T EXCITED AND ON FIRE RIGHT NOW YOUR WOOD IS WET. LOVE ON SOMEBODY. POPPY3   [post 2 of 2]

3-30-2013  Intel/Newshound Guru Poppy3    NOW OUR POSITION IS SOLID AND ALL IS PREPARED FOR THE RV ALL WE ARE WAITING ON IS FOR THE POSTING AT THE CBI WHEN SHE OPENS EITHER TOMORROW OR MONDAY MORNING. IF YOU REMEMBER I SAID FOR MONTHS NOW THE IMF AND WORLD BANK WOULD NOT ALLOW A RV TILL SOMEONE WAS IN PLACE OF THE CBI THAT THEY TRUST AND I EXPECTED AT SOME POINT TO SEE DR SHABIBI BACK. SHALL I SAY I TOLD YOU SO??  [post 1 of ....stay tuned]

3-30-2013  Intel Guru TerryK   JUST GOT OFF THE PHONE WITH MY MAIN SOURCE, THEY ARE TELLING ME THAT THERE ARE REPORTS OF RATES IN THE EAST THAT ARE BEING TALKED ABOUT BUT THEY CAN'T TELL ME ITS ON A MARKET YET.  HOWEVER WITH THAT SAID THEY ARE TELLING ME THAT WE MAY SEE SOMETHING LATE TONIGHT OR INTO THE AM.  WAITING ON A CONFIRM ON THAT AS WELL   [the news articles state that the smart cards will be used tomorrow (Sunday).]  THEY ARE TO BE LOADED TOMORROW CORRECT AND BACK LOADED TO JAN 3.

3-30-2013  Newshound Guru Adam Montana   [Could you explain the significance and role of the IMF in regards to IQD value and RV?]  The truth of the matter is that the IMF is not in control of the rate - Iraq is. The CBI sets the buy and sell rate at whatever price they want, period. Having the IMFs support would never be a bad thing, of course! But they do not set the rate.

3-30-2013  Newshound/Intel Guru Flashing  Article:  "Kuwaiti Premier: “Borders demarcation problem settled with Iraq”(AIN) -Kuwait confirmed settling the problem of re-demarcation of the borders with Iraq."  The article...said that KPM is waiting for Iraq invitation and there will be an economic, commercial and media delegation from Kuwait. So you know what that means.

3-30-2013  Intel/Newshound Guru Poppy3     YES I AM VERY CONVINCED APRIL 1 IS THE TARGET AND THEY WILL MEET IT THIS TIME. IF FOR SOME UNFORESEEN PROBLEM ARISES IT WOULD NOT TAKE MORE THAN 24 TO 48 HOUR FOR IT TO BE SOLVED. THERE TO OUR KNOWLEDGE AT THIS TIME ARE ZERO MAJOR THINGS TO COMPLETE ONLY SOWING UP MINOR DETAILS. THERE YOU HAVE MOST OF THE INFORMATION I HAVE RECEIVED THAT HAS BEEN CONFIRMED AND THERE IS MUCH MORE FROM SOURCES THAT IS ALL VERY VERY POSITIVE THAT ISN'T CONFIRMED.. OH ALSO THE BUDGET WAS PUBLISHED IN THE GAZETTE TODAY. ETC ETC POPPY3    [post 3 of 3]

3-30-2013  Intel/Newshound Guru Poppy3      NEXT NEWS FROM IRAQ: YESTERDAY BEING HOLY DAY AND USUALLY BANKS CLOSED AND PARLIAMENT ADJOURNED AND NO GOI MEETING. REPORT ARE PARLIAMENT IN FULL SESSION YESTERDAY CBI REPORTEDLY FULL OF PEOPLE ALL DAY INTO LAST NIGHT ??? REPORTS OF WORLD BANK AND IMF PERSONNEL BEING PRESENT THERE SINCE LAST THURSDAY??? I CAN SAY ALL MY SOLID CONTACTS HAVE CONTINUED TO CONTACT ME AND ALL ARE STANDING FIRM THE RV IS UPON US AND IRAQ WILL NOT STOP MEETING TILL IT IS IN PLACE DATED DEADLINE IS STILL APRIL 1 TARGET FOR MANY COMPLETIONS.  [post 2 of 3....stay tuned]

3-30-2013  Intel/Newshound Guru Poppy3    REPORTS of DR SHABIBI returning to Bagdad POST FINANCIAL SUMMIT IN BERUIT WHERE HE IS THERE AS A FEATURED SPEAKER REPRESENTING IRAQ . WHERE HE HAS HAD WARRANTS FOR HIS ARREST AND BEEN EXILED FOR OVER A YEAR AND SAID HE WOULD NOT RETURN TILL THE WARRANT WAS TERMINATED. THEN THE ANNOUNCEMENT THAT VP HASHIMI WOULD ATTEND THE MEETING TODAY AND HE WAS EVEN SENTENCED TO DIE AND HAS BEEN EXILED FOR OVER A YEAR OR MORE. THIS MEANS ONLY ONE THING??? REMEMBER I HAVE SAID UNTIL MALIKI'S POWER IS NULIFIED THE RV CAN'T HAPPEN AND UNTIL DR SHABIBI OR SOMEONE THE IMF, WORLD BANK, TRUST IS INSTALLED THERE WILL BE NO RV. GUESS WHAT MALIKI HAS EVIDENTLY BEEN NEUTERED OR THESE TWO GUYS WOULDNT DARE ENTER IRAQ MUCH LESS BE FEATURED.  POPPY3  [post 1 of 3....stay tuned]

3-30-2013  Newshound Guru Tlar    My interpretation of this and I believe all the recent articles support it, what they mean by  returning to normal is to return the street value back to match the program rate.   Until this comes back into an equalibrium, they can't do anything with the currency.  The CBI is steering the ship back to port.  IMHO they...are now ready to swing the pendulum back the other way.   I believe they will see the answer as introducing the new currency which means an increase in the value.  [post 2 of 2]

3-30-2013  Newshound Guru Tlar    Iraq's normal rate, program rate, has been 1170 since 2009.  It was moved four pips by Shabibi to 1166 and then frozen there until now.  The street rate as of about 8 months ago was equal to the program rate and this made it easy for Shabibi the increase it by the four pips.  Today we know the street rate is much lower. About 7-8 months ago it started to drift achieving a low of 1350, until today we see it at 1250.  [post 1 of 2....stay tuned]

3-30-2013  Newshound Guru Kaperoni    UN sanctions technically have nothing to do with a countries monetary policy which is controlled by the IMF.  Though it can influence it (sanctions etc. causing it to devalue).  The theory of an overnight RV or re-instatement...will never happen.  I am hopeful that once they lift UN Chapter 7, that Iraq will officially join the international community and give some value to the dinar via a chosen "exchange regime" such as they have stated.."floating orbit of exchange" (free float).  But that choice is totally up to Iraq.  Not the UN, IMF or anyone else.

3-30-2013  Intel/Newshound Guru Poppy3    RECIEVED FURTHER CONFIRMATION OF THE NEWS---DAN--Saturday special gazette edition being put out. Usually only Wednesday Announced in Iraq the budget. Thats right the budget in gazette Saturday Bonus. Dr shabbi coming back to Iraq Saturday EVENING after months out of country Insiders last 2 days dignitaries have been showing up quietly. DR SHABIBI WILL REPRESENT IRAQ IN SPEECH IN BERUIT ON SAT MORNING THEN RETURN TO IRAQ. ...Hearing that there was a short delay but things are moving ahead at this time, still hoping to see this thing pop by the 1st. ENJOY THE GREAT NEWS.

3-30-2013  Newshound Guru Mailman17    ITS ON A ROLL BUT NO LONGER ON MALIKIS TIMELINE.  RECAP AGAIN...KUWAIT?   FOR ALL INTENT PURPOSES...DONE.  CHAP 7 IS IN THE VERY NEAR FUTURE.  THEY WENT FROM 6 TO 8 REAL FAST.  CAN ANYONE TELL ME WHAT IRAQ MAINTAINS AT 8 ON THEIR WAY TO 14.  THEY MUST HAVE A RECOGNIZED CURRENCY.  THE THING TO WATCH FOR NOW..IS WHETHER MALIKI SIGNS OFF ON EVERYTHING.  I THINK HE WILL.  HES NOT GONNA LIKE THE QUESTIONING AND MOST LIKELY HES GONNA WANT A BACKDROP SECURITY FOR HIMSELF AND THATS WHAT I THINK KERRY TOLD HIM, AGAIN, THATS JMO.  FINGERS CROSSED PARLIAMENT GETS ALL BILL SIGNED AND DOTTED IN 1 SESSION.  WE SHALL SEE.   I WILL SAY THIS THOUGH, AS MUCH AS IT LOOKS LIKE NOTHING THEY ARE MOVING VERY FAST, VERY FAST. THIS IS A GOOD SIGN.  [post 3 of 3]

3-30-2013  Newshound Guru Mailman17    NOW LETS RECAP...THE CBI IS AUTONOMOUS.  THEY CAN PRINT WHATS NEEDED.  THEY CAN EVEN HAVE IN STOCK THAT WHICH IS NOT NEGOTIABLE.   BUT THEY DO NEED PARLIAMENTS APPROVAL TO PUT THEM INTO PLAY AND THEY CANT DO THAT WITH OUT A RATE INCREASE.   MAKES NO SENSE TO PUT A 1, 5, 20 OR 100 DINAR NOTE INTO PLAY WITH OUT AN INCREASE AND THE CBI CANT DO THAT WITH PARLIAMENT AUTHORIZING THOSE BILLS...LEGAL TENDER.  THAT BRINGS US TO THE STALEMATE.  THE COUNCIL HELD UP THOSE BILLS PENDING LEGISLATIONS  BUT NOW THEY WANT THE ACCOUNTABILITY AND AMNESTY LAWS PUT INTO PLAY.  THAT IS WHAT THEY HAVE HAMMERED OUT AND MOST LIKELY PLAN TO PASS THIS WEEKEND.  THE COUNCIL/DAWA PARTY/MALIKI GETS THE PROTECTION NEED BY LAW AND IN RETURN THE PARLIAMENT GETS THEIR RV AND IRAQ CAN WEED OUT THE REST DOWN THE ROAD.  [post 2 of 3....stay tuned]

3-30-2013  Newshound Guru Mailman17     THERE IS AN EMERGENCY SESSION AIMED AT PASSING THE ACCOUNTABILITY AND AMNESTY LAW...  WE ALREADY KNOW MALIKI IS DUE FOR QUESTIONING MONDAY.  THE OTHER LAWS WAITING ARE A LOT BUT THE ONE THAT STICKS OUT TO ME IS THE MESOPOTAMIA LAW.  ALTHOUGH UNDEFINED, IMO, THAT IS PARLIAMENTS APPROVAL OF ACTUALLY PUTTING THE NEW NOTES INTO PLAY ALONG WITH THE NEW RATE THAT THE CBI WILL GIVE.  [post 1 of 3....stay tuned]

3-30-2013  Intel/Newshound Guru Poppy3   RECIEVED A CALL FROM A OLD SOURCE THAT HAD GIVEN UP ON DINAR AND WOULDNT EVEN TALK ABOUT IT FOR THE LAST TWO YEARS AND ONE OF HIS VERY GOOD OLD SOURCES CALLED HIM ABOUT4PM AND TOLD HIM THAT THIS IS THE LAST WEEK OF WAITING. NOW HE IS ALL EXCITED AGAIN AFTER BEING IN THE DUNGEN OF DOUBT AND FEAR FOR TWO YEARS. LOL LOL POPPY3  [post 2 of 2]

3-30-2013  Intel/Newshound Guru Poppy3    IF THE POST AND SCHEDLULE THAT WAS POSTED IS TRUE AND HASHEME IS ATTENDING THE PARLIMENT MEETING TOMORROW AND IT WAS ALSO STATED FROM SOME SOURCE I CAN'T CONFIRM THAT AFTER DR SHABIBI SPEAKER AT THE BERUIT SUMMIT THAT HE IS RETURNING TO IRAQ. THIS TELLS ME THEY HAVE IN SOME WAY NEUTERED MR MALIKI AND ALL THE WARRANTS AND EXECUTION ORDERS HAVE BEEN DROPPED. SOUNDS AWESOME TO ME. POPPY3  [post 1 of 2....stay tuned]

3-30-2013  Intel Guru TerryK   I'M HAPPY TO SEE SOME ARE SAYING THIS WEEKEND, MAYBE SUNDAY.  I JUST DON'T UNDERSTAND WHAT THE HOLD UP IS.  I'M GOING TO TELL U THIS AND THIS IS PUTTING ME IN A BAD SPOT THIS SHOULD NOT AND LEGAL CAN NOT GO PAST SUNDAY.  THIS IS A HOT DATE FOR THIS WEEKEND.   I HAD NEWS TODAY THAT CBI IS DEMANDING A RATE CHANGE.  THEY WANT IT BACK NOW TO WHAT IT WAS POST WAR, SO 3.21. 3-29-2013  Newshound Guru Eagle1   [via Precious]  Their U.N. sources stated WF execs met today regarding the "release of the dinar". They were told; "RV/RI is imminent and to be prepared this weekend with exchanges beginning next week." He said the rate is due to appear tonight/Saturday morning. He also said all he sources have indicated a "greater level of confidence than ever before."

3-29-2013  Intel Guru Wife in the Know   I have wonderful news!! My husband has been contacted by his superiors, he was instructed to start negotiating with all future countries using terms of the "new" value (3.42) of the Iraqi dinar. He has in the past always used the US Dollar. Iraq holds a huge amount of our currency due to their oil sales, so for them to finally start using their own currency is a great sign of progress for this country. We are truly at the end of our endeavor and Iraq is really showing concrete evidence of their growth as a internationally recognized country. The timeline I have given for the actual rate change IS STILL A GO... April 1st.   All smiles here : ) : ) : )

3-29-2013  Intel Guru Blaino   rumor has it that we are go for reval from the top of the hour (5:00pm central) and going FORWARD...Sounds GOOD.  wait!!!!   Breaking news of the rv kind coming in now:::teller screen report:::FIGURES.... Just when i start "plan B"..."they" get off their dead a_ _ and rv!   i have higher authority confirmations en route....

3-29-2013  Intel Guru OCrush   Now we know all the conditions were met with Kuwait and chapter vii will be lifted.  The vote took place on March 21 with a Yes and a condition (3 homes and distribution to of monies to the families).  That has been accomplished.  There is no need for another vote by the unsc, the conditions are met.  This is why they gave iraq a deadline of March 31 and not April 15 or 21 or May XX,  they needed this done before the RV.  Simple.  Now all we are waiting for is the passage of the pertaining laws to have our RV.  This has to take place by March 31, the latest April 1.  [post 4 of 4]

3-29-2013  Intel Guru OCrush   The budget is done and as we all know the new rate is in it.  Attached to the Budget Law is the pay scale and pension law.  They are waiting to publish it till the right laws are in place to make it possible to have the new rate.  Its that simple.  If the budget was not written with the new rate in mind they would have published it when the Presidency approved it.  Very simple.   [post 3 of 4....stay tuned]

3-29-2013  Intel Guru OCrush  The CoR passed the budget on March 7 and submitted to Ministry of Finance.  They had 10 days.  On March 17 (exactly 10 days)  they passed it along to the presidency. The Presidency now has 15 days to ratify it by law.  As we all know the President ratified it and submitted it to the Judiciary body to publish it in the Gazette.  Under the constitutional law, even though the president approved it, the Judiciary Body could sit on it till April 1 (15 days).  [post 2 of 4....stay tuned]

3-29-2013  Intel Guru OCrush   I am sending this to you so our members will have a clear outlook on certain timelines.  These are facts taken by the Iraqi Constitution.  It states the deadlines they have when the Ministers, Parliament, Presidency, Cabinets pass laws.  Our concern of course is the budget.  There seems to be a confusion on how we came about on the days the law allows for legislation to be published in the gazette.   [post 1 of 4....stay tuned]

3-29-2013  Intel/Newshound Guru Poppy3    Finance Committee Member Faizullah: The likely return of the exchange rate of IQD against USD to normal. They are preparing and there are many meetings being reported that today meeting with IMF AND WORLD BANK TAKING PLACE AS WE SPEAK. GLORY GLORY POPPY3

3-29-2013  Newshound/Intel Guru Flashing   Article:  "BAGHDAD / obelisk: counting and Planning Minister Ali Shukri, Sunday, announced the World Bank to start implementing his plans to restructure the government banks Rafidain and Rasheed “It’s an important step was waiting for Iraq to raise the value of the dinar."    I LIKE THIS PART : “the Ministry of Finance confirmed that the plans will be the guarantor of restoring Iraqi dinar of his value economic between foreign currencies and this will be part of this plan", SO THIS IN BLACK AND WHITE.    ONCE AGAIN EVERYTHING IS GREAT AND WE ARE APPROACHING THE END OF THIS VENTURE. THE BORDERS HAVE BEEN ONE OF THE MAJOR OUTSTANDING ISSUES PRECLUDING IRAQ TO BE LIFTED FROM CH 7 AS WELL AS WAS THE KUWAIT AIRWAYS ISSUE.  BE ALERT,  PREPARED, AND HAPPY.

3-29-2013  Newshound Guru SWFloridaGuy   ...according to the IMF, Finance Committee and CBI they have already accomplished the necessary economic/political growth to restore previous values to the IQD immediately. I still think Iraq applying for membership is one of the best clues we have currently and suggests that a big change is on the horizon for Iraq because WTO member countries MUST have a convertible currency. It is a requirement!!   The bottom line is it's in Iraq's best interest to move forward with their economic reform project now, which is exactly what today's article is saying. Prior to the actual event the news won't get much better than that.  [post 3 of 3]

3-29-2013  Newshound Guru SWFloridaGuy    After talking to several people, with several different theories, I believe Iraq will take a more general convex function where the growth increases in a way completely disproportional to it's current value. In other words a float is doubtful...There's already way too much heat on Iraq concerning their currency and the hype. So although they could make incremental appreciations i.e., 1000 to 1 as the next step, I don't see them going that route and with this announcement from the Finance Committee it's pretty clear to me that a gradual increase will not accomplish their goals. I think a historic RV somewhere at least on par with the USD initially is the true direction their monetary reform project is headed.  [post 2 of 3....stay tuned]

3-29-2013  Newshound Guru SWFloridaGuy     Amazing news today!!! The Finance Committee VP announced that they will be returning the natural rate of the IQD against the USD which proves that Iraq's rate is artificially low due to war/sanctions and not solely due to excessive printing of the old notes. The IMF is also supporting and instructing them on how to accomplish this. Unless you believe in a straight RD, you've known this to be true from the start and why you made a great financial decision (low risk/high reward) in seizing this opportunity.  [post 1 of 3....stay tuned]

3-29-2013  Intel/Newshound Guru Poppy3   SPECIAL EMERGENCY WAS CALLED BY NAJAFI FOR TODAY OR TOMORROW I HAVE FORGOTTEN WHICH OF ALL LEADERS TO PREPARE FOR NEXT PARLIMENT MEETING AND PLAN MAJOR ANNOUNCEMENTS???? NEXT HE GOT SERIOUS ABOUT ATTENDANCE AND CANCELED ALL PARLIMENT VACATIONS AND DAYS OFF TILL EVERYTHING PENDING IS COMPLETED. STAND BY FOR SOME EXCITEMENT FROM NOW FORWARD AND MORE GREAT NEWS EVERY DAY NOW.  [post 2 of 2]

3-29-2013  Intel/Newshound Guru Poppy3   ALL IS STILL MOVING IN THE RIGHT DIRECTION. I AM MORE EXCITED EVERY DAY.  I HAVE GOTTEN NOTHING  [BUT] POSITIVE UPDATES AND THE PEOPLE I AM TALKING TO ARE ALSO VERY EXCITED.  NEWS FROM YESTERDAY WAS ALL GOOD THE DEADLINE FOR THE BORDER CONSTRUCTION WAS MOVING FAST AND REPORTED TO BE COMPLETED SATURDAY, THE WIDOWS AND ORPHANS ARE TO BE FUNDED AND ALL THE SMART CARDS OF THE PUBLIC ON APRIL 1, YESTERDAY THE WASHINGTON GROUP STATED THEY WHERE HEARING THE MINISTERS WHERE TO BE SEATED BEFORE SATURDAY, THEY ALSO SAID THEY HAD HEARD THE BUDGET IS TO BE PUBLISHED IN THE GAZETTE SATURDAY. [post 1 of 2....stay tuned]

3-29-2013  Intel Guru SteveI      I have been told that they are all on board. I believe you will see a formal announcement next week regarding the lifting of Chapter VII.  Ocrush confirmed the new wages April 1st so that is also reassuring that we are still on track. Can things change? Heck yes. Will they change? Probably not. The entire economic stability of Iraq is riding on finishing these last little details.   The chasing is truly finally over. I think we finally caught it.  For me, there is no more work for me to do regarding posting...This is my goodbye post to this chapter. See you in the next one.  [post 3 of 3]

3-29-2013  Intel Guru SteveI     We all think April 1st is a very good date for this to happen because of the many underlying factors.  Ocrush said the budget will get posted in the Gazette by the 31st. There have been no amendments to allow for any additional delays.   We also know that the parliament is keeping their session open which means they can meet at any giving time to vote on the remaining few laws. Ocrush explained it to me that the Council of Ministers will have the approval(s) of all final laws for parliament in time to vote on Monday April 1st..  [post 2 of 3....stay tuned]

3-29-2013  Intel Guru SteveI   We are aware of many things that we have not shared, and when I say done, I mean the major obstacles have been removed to allow the final process to take place. As you are all aware by now, Chapter VII is no longer an obstacle, the voting of the budget is no longer an obstacle. Yes a few final laws that have been in the works for some time will be completed. These are not new laws that just came up, but rather existing ones to wrap things up.  The budget is now in the hands of their legal ministry court or department to formally publish it.   [post 1 of 3....stay tuned]

3-29-2013  Intel Guru BOBGETZ6   I have heard some good information, but until the IMF gives the UST the green light, nothing will happen.  Information received from a friend , IMO, was huge, but now we wait to see what transpires. IMO, again, we wait for the announcements and I belive that the chapter 7, budget announcement, and rv will be all at one time.  It appears to be the best place we have ever been in...

3-29-2013  Intel Guru Blaino  THERE IS SOME FRESH STUFF FROM THE "ARCHITECT".... TOMORROW [FRIDAY] COULD BE THE BEST TIME FOR OUR EYES TO SEE THIS THING IN A PUBLIC WAY...AND WE MAY ALSO HAVE UNPRECEDENTED...ANNOUNCEMENTS ON A RANGE OF TOPICS.

3-29-2013  Intel/Newshound Guru Poppy3   received a call saying they have heard the 2013 budget will be published in the gazette saturday.  I AM ALSO HEARING THE MINISTERS ARE BEING SET TODAY [THURSDAY]. TIME WILL TELL.  [do you think there will be a time limit to do our exchanges.] THE CURRENCY SHOULD BE GOOD FOR AT LEAST 24 TO 36 MONTH AND REALLY FOR ALWAYS.  IF YOU HAVE A USD $1000.00 DOLLAR BILL TODAY IT IS STILL GOOD AND MANY OTHER MONEYS THAT HAVE BEEN TAKEN OUT OF SERVICE IN MANY CURRENCIES ARE STILL VALID.  THE ONES THAT EXPIRE ARE LIKE IF THEY HAVE A 10,000 DOLLAR BILL AND THEY REPLACE IT WILL ANOTHER 10,000.00 DOLLAR BILL BECAUSE OF A GOVERNMENT CHANGE OR REGIME CHANGE THAT IS WHEN THE ARE EXPIRED AND NO GOOD. LIKE THE OLD DINAR THAT HAD SADDAMS PICTURE THAT THEY REPLACED. 3-29-2013  Newshound Guru Doc   We ask ourselves what this means to our situation and basically the fundamental issues have not been fully resolved.  And unfortunately we do not see complete resolution until Maliki is neutralized either by cooperating or removal.  The above article is pretty plain in that this is the current situation.  With this we would put the probably of the rumored April 1 date for currency reform as EXTREMELY REMOTE at best.  Do we concede progress is slowly being made toward that end - absolutely!  We simply encourage everyone to step back and take a deep breath.  The back drop of late May will bring an interesting scenario.  We report, you decide.  [post 4 of 4]

3-29-2013  Newshound Guru Doc    We ask ourselves how does this impact currency reform.  The answer is the political games are still be played out.  Another article quoted an Iraqi official as saying currency reform would not happen until the political climate improves.  Many have asked what does that mean or look like.  We believe the article about Kerry's visit shed light to this when it said "Prime Minister Nuri al-Maliki that he abandon his approach Excluding partners politicians, has emerged leaks stating that U.S. Secretary of State carry a proposal to Prime Minister Nuri al-Maliki to resign in case of default solutions other political and legislative elections after the formation of a government..."   Basically this appears to be saying put in the power sharing GOI structure or get out.  In a nut shell this appears by all accounts to be the "political stability" everyone is looking for.   [post 3 of 4....stay tuned]

3-29-2013  Newshound Guru Doc   We can confirm from this several points we have reported for months now which are 1) Maliki has been and continues to be the problem and 2) items like chapter 7, DFI, etc. are pawns the international community have used to get Iraq to play ball.  These points can no longer be argued in that they are now here in black and white.  The good news from this is that the vice from outside is tightening rapidly. And that (and I quote from the article) "especially since the readings several say that Prime Minister Maliki is no longer America's man of choice in Iraq."   [post 2 of 4....stay tuned]

3-29-2013  Newshound Guru Doc   There was great information in an article concerning the message Kerry conveyed to Maliki during Kerry's recent visit to Iraq.  Part of the article is quoted as "U.S. administration has developed scenarios to resolve, with waving the possibility to impose new facts on the ground through the tools of several in the absence of a response Maliki for these scenarios, including obstruction Iraq out of Chapter VII, and the issue of Iraqi funds, and not to deal with his government, and other hard and soft tools. Thus, the United States had waved the stick Algledh Maliki, leaving him a little bit of the islands."   [post 1 of 4....stay tuned]

3-28-2013  Intel Guru TerryK   there is a very strong opportunity for us to see this in the am  (2) am...the banks are closed in iraq...sorry not see it, hear about it.  what im hearing is that we should see it when the banking system opens on sunday...sunday is the first day of the banking week for iraq.  SO THAT IS TELLING ME SEEING IT AT CBI...what im talking about tonight is you may hear about it... the word will spread.   THE RATE IM BEING TOLD IS 7.24 AND .49 ...the dong is going with the dinar.

3-28-2013  Intel Guru Blaino   additional stuff is just in:::::::::::::: major fincl 'players'...Say "be ready" these are 'management types' that will line up to "help you!" in a post rv environment...And this one is cross connected with a piggybank...So they get good stuff!

3-28-2013  Newshound Guru Administrator Bob  Article quote:  "Announced by the Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler, Thursday, on resolving the issue of the demarcation of the land boundary between Iraq and Kuwait, with the local government in Basra urged to speed up the clearance of Iraq from Chapter VII."    Some very good news today!  Special Representative to the UN - Kobler announces the resolution of demarcation of the land boundary.  Green lite to be removed from UN Chapter 7.

3-28-2013  Intel/Newshound Guru Poppy3   amen and amen great news and post. other solid news being reported that the ministers are to be installed today and or tomorrow. No postponement of parliment, demanding attendance, DR SHABIBI TO BE A KEY SPEAKER AT THE FINANCIAL SUMMIT SATURDAY. THE KUWAIT BORDERS SINAGE AND BORDER MARKER ARE INSTALLED AND COMPLETED WILL BE ANNOUNCED IN PARLIMENT SATURDAY. THIS WAS ANOTHER STEP IN THE PROCESS AND PENDING THINGS TO HELP TO QUALIFY FOR REMOVAL FROM CHAPTER 7. OF COURSE ONE MORE THING IS A RV OF THE CURRENCY.  APRIL FIRST DEADLINE FOR MANY OF THESE AND OTHER THINGS. THE ONLY HOLD UP I CAN SEE PERIOD FOR THE NOT TO HAPPEN IS IF MALIKI DOES NOT CONTINUE TO CONFORM TO THE LEADERS AND PEOPLE THEY WILL THEN REMOVE HIM AND THAT MAY DELAY US A COUPLE DAYS BUT I DON'T SEE THAT HAPPENING NOW AT THIS LATE DATE IN THE PROCESS GLORY GLORY LET R RIP . POPPY3

3-28-2013  Newshound Guru Stryker    Kobler Announces Border Demarcations are Complete, One of the domino's is ready to fall, Kuwaiti Prime Minister Maburak now can come to Baghdad and sign his part of removing Iraq from Chapter VII to VI, domino #2...The Domino's are getting ready to fall Folks.

3-28-2013  Newshound/Intel Guru BGG    Far as I know - things are still on track...appears to have been some minor delay - but things are moving right ahead...not a big deal or I would have gotten a report. Not to worry.

3-28-2013  Intel Guru Blaino    high rv alert message: next hours/minutes could be pivotal!  we are getting a ton of intel and incountry stuff from several directions...imf has (apparently) issued ORDERS...Banks, politicians (current and retired)...Sources, contacts and "gut" says .... "now"

3-28-2013  Newshound Guru Kaperoni   Article:  "The Minister of Planning / the Acting Minister of Finance, Prof. Ali Yousef Al-Shukri, searched with a delegation from the World Bank the restructuring of Rafidain and Rasheed Banks."   We have talked on the past about when Shabibi stated this event was not a CBI event, but an Iraqi event.  And how this would have to be coordinated amongst several agencies.  Here we have the Minister of Planning engaging with the World Bank.  This IMO is a significant step towards changing the value of the dinar.

3-28-2013  Intel Guru OCrush    Its a stand off! LOL!  Between some blocs and the CoM (Council of Ministers).  The CoM need to ratify and vote on the amnesty law and the accountability & justice and send it to parliament for a vote.  Once this is done then parliament will vote on the antiquities, mesopotamian and other laws.  The CoM is playing a dangerous game here but they will blink...the people are watching:)  The CoM will hold an emergency meeting to vote on these two issues before sunday:)  Also, the 3 homes that were on the border were demolished and they are finishing the border...YAHOOO! The conditions that were set by the UNSC have been completed (just the 3 homes) and the families were compensated:)  Great news! 

3-28-2013  Intel Guru Ray   [Is Maliki's power a threat to the Iraqi people not getting their money if it RV's before they put him out of power?]   I don't think Maliki is a problem anymore.  [did Maliki really agree to give up his powers?]  With the Erbil, Maliki will agree to share.  [do we need to see the passing of laws tomorrow before the budget is posted in the Gazette?]   We aren't sure of the timing of the posting but we feel it is very close.   I wish we had a date.  Everything is falling into place and we feel we should be seeing the RV any day now.  [post 2 of 2]

3-28-2013  Intel Guru Ray    [Does Chap VII have to be lifted formally for us to be able to cash in at our banks?]   Once it RVs you should be able to go to your bank and cash in.  [Should we expect them to work or show any results on Friday (their Holy day)?]  They have in the past so it is possible.  [Did the Antiquities law get passed?]   We are not sure if it passed or not.  [We haven't seen any news on the IMF moving the currency from Article XIV to Article VIII. Have you heard of any IMF actions that could take it to a convertible currency?]  Not that I know of.  From my sources, something big is going on and we need to watch the news.  [post 1 of 2....stay tuned]

3-28-2013  Intel/Newshound Guru Poppy3    I have been getting info since last Friday from people I know in Washington, people in Iraq in the military & civilians.  They all started calling me within a few hours of each other saying "this thing is coming, this is our week, the end of the week or by April 1st".  They called back over and over and confirmed this. They are excited as I am.   If you're not hugging your family right now knowing that tomorrow is going to be bright, whether it's tomorrow or April 1st or 3 months from now, it makes no difference.  You are in it, it's not going to be a life of penny pinching much longer.  There is article after article that points to April 1st.  Are you dancing yet?  This is getting ready to explode right in front of our faces.  [post 3 of 3]

3-28-2013  Intel/Newshound Guru Poppy3   Iraq is going to be the richest country in the world. It is the richest country in the world.  They are now 2nd behind the Saudis in oil production & reserves.  40% of the worlds oil will come from Iraq within the next decade.  How rich is Iraq?  There's no way to put a finger on it.  We are about to see one of the greatest events ever in history.  We are invested in the Iraqi currency that is going to change this world.  [post 2 of 3....stay tuned]

3-28-2013  Intel/Newshound Guru Poppy3    I invested about 5 1/2 - 6 years ago.  It's been an absolute nightmare.  I researched it for 9 months and convinced myself...it's real, it's going to take place.  So, I got excited about it.  We are looking at the end of the road right now.  I have great expectations for Thursday to April 1st.  This has been a long term investment.  It shouldn't have been.  The 7 countries previously that RV'ed that were liberated by war all did it within 3 1/2 years and they all revalued for a substantial increase in money.  That was one of the things in my research.  [post 1 of 3....stay tuned]

3-28-2013  Intel Guru SteveI    Some one will ask the rate, it is still 3.41... As for the timeline could be as early as this weekend...or next week. A strong this weekend or shortly thereafter.    I just got an email from another source that more world wide people are arriving at the airport.  Something is for sure going down. Again, we are there. Done. Done. Done.   [post 2 of 2]

3-28-2013  Intel Guru SteveI   [do you have an idea of when the budget will be in the gazzette?]  We believe this week.  [We haven't seen any news on the IMF moving the currency from Article XIV to Article VIII. Have you heard of any IMF actions that could take it to a convertible currency?]   I have been able to confirm that many people world wide are at the CBI and still arriving. So something is for sure going on.   [post 1 of 2....stay tuned]

3-28-2013  Newshound Guru Enorrste   Articles:  "Suhail looking with a delegation from the World Bank to restructure the Iraqi banks" & "World Bank: eager to give advice to improve the performance of the Bank and Iraqi banks"   These articles actually added something that the original article did not include:  that the WB is also planning on making changes to the CBI itself.  That has me a little concerned.  It could open a bag of worms that we have not anticipated.  Time will tell.  It begs the question, though:  what is wrong with the CBI that it needs to be "adjusted"?

3-28-2013  Intel Guru TerryK   [we keep hearing that the dong won't go at the same time, will it go with the IQD.]  IT IS GOING WITH THE DINAR. IT'S IN THE FIRST BASKET.  HEY, REMEMBER MY BUDDY...AT WAS IN IRAQ.  TALKED TO HIM TODAY AFTER MONTHS OF NOTHING HE REMINDED ME WHAT HE TOLD ME, 6.18.  I LIKE 7.42 BETTER BUT HEY I TAKE BOTH.

3-27-2013  Newshound Guru Adam Montana    If the RV comes out high, then I believe the length of time to exchange will be longer - but eventually they will want to get the "old" notes off the street and introduce a new currency for all the reasons they have and currently state.  now, either situation is good - if it comes out low and we are forced to cash in, there will be other ways to continue to ride the value up... so I guess we win either way, don't we?  [post 2 of 2]

3-27-2013  Newshound Guru Adam Montana   [Having had you finger on their pulse for sooooo long now do you feel theres any possibility that there might be a limited cash in time or do you lean more towards us being able to wait for the rate to go up.]  I do indeed believe we will have a definite time frame to cash in our large notes. If the value comes out low, the CBI would be much better off to maintain a low value and mandate a specific exchange period, such as 90 days, before continuing to raise the value after that.  [post 1 of 2....stay tuned]

3-27-2013  Intel Guru SteveI   Now, here is something I find very significant, presently there are people from around the world at the CBI and more arriving continually. No one has actually come out and said the purpose of why they are there, but I guess one can speculate as to why. I will not say it, but I will sure think it.  I truly feel we are at the end and it is actually over. I am waiting for the official posting of the budget of 2013 to be make into law by the entry into the Gazette. Everything else will follow accordingly.  Many claim a rate is not in the budget, many claim it is, so the entire world will know what really is going on in a very short amount of time.  If we hear more, we will share more. It is very possible that this will be over before any more news surfaces.  [post 2 of 2]

3-27-2013  Intel Guru SteveI    Ray and I reached out to every contact we know and we are finding that any sort if information is extremely difficult if not impossible this week to get.  But we were able to get several pieces of information that we can share. As I mentioned in my other replies, yes, the United States Treasury is still in Iraq. Why are they there you ask?  Parliament is still meeting to pass laws. I am looking for one that is the clincher.  [post 1 of 2....stay tuned]

3-27-2013  Intel Guru Okie_Oil_Man   THERE ARE A MULTITUDE OF POSITIVE INTEL COMING IN THAT SO-FAR IS STILL UNDER THE NON-DISCLOSURE AGREEMENT. I AM MORE OPTIMISTIC OF THE IMMEDIACY (SP) OF THIS THAN EVER BEFORE. HOPEFULLY VERY VERY VERY SOON I WILL BE ABLE TO SHARE OPENLY WITH YOU. I AM HOPEFUL THIS YEAR THE EASTER EGG'S MAY BE THE GOLDEN EGG THAT THE GOOSE LAID.  [post 2 of 2]

3-27-2013  Intel Guru Okie_Oil_Man  GOOD AFTERNOON AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIEND'S--JUST A SHORT FLY-BY--ACCORDING TO SOURCES THING'S ARE APPROACHING THE BOILING POINT.  ALL THESE ENDLESS DELAY'S ARE SHORTLY TO BECOME HISTORY. WE ARE NOW IN THE BEST PLACE WE HAVE EVER BEEN IN AND I HAVE BEEN IN THIS DINAR SAGA GOING ON NEARLY 10 YEAR'S NOW.   [post 1 of 2....stay tuned]

3-27-2013  Newshound Guru Tlar   This confirms to me that what the CBI has been doing in flooding the markets with USD, was a planned move to repatriate the dinar from Syria and Iran and to reduce what was in Iraq.  If this is true and they are reversing or stopping this process, that implies to me that what the bank set out to do even before Shabibi was thrown out, has been successful enough as to no longer be the potential problem that it was.  This will raise the value of the dinar.  It is just the opposite of what we might  think would happen.   I think we are now witnessing the beginning of the end to this process.  It bodes well for our investment if I'm right because it has paved a potential way for the CBI to now do something now with the currency.  The balance is back.  [post 3 of 3]

3-27-2013  Newshound Guru Tlar   The second thing this says to me is the CBI has made the determination that they have corrected the balance in the currency enough, and the time is right to steer this process back the other way.  In other words they are now going rebalance their sales between dinar and the dollar at the auction with these restrictions.  I think this is good for our investment because its an affirmation that the CBI could have stopped the sales at anytime because they had the control switch in the hands at all times.  [post 2 of 3....stay tuned]

3-27-2013  Newshound Guru Tlar    Article:  "Uzmatk _ economic center: severe restrictions on the sale of the dollar lifted its price before the dinar and not the political situation"   Its obvious from the articles the CBI is attempting to restrict sales of foriegn currencies only to the amount that is needed to do business with the outside world.   The CBI is obviously decided to shut down the free for all on the currency that we have witnessed for the last 7-8 months.  Why now is the question.  What they are calling today a problem, is exactly what has brought the dinar back into balance,  This process has allowed the CBI to pull the wads of dinars off the market that Shabibi had sold between 2003 and 2007 at auction to raise hard currency. This flooded the market causing the imbalance.  Couple this with Syria and Iran favored trade agreements and it created a massive problem for the CBI and IMF...You and I still hold some of these dinars.  [post 1 of 3....stay tuned]

3-27-2013  Newshound Guru Adam Montana   First, no change in the value at this time. There is no official announcement on a change this week, despite what some...saw on a screen.  Second, no change in Chapter 7 or HCL. In fact, this week has been surprisingly slow and quiet for news on those two matters... but if you've been following this topic for any amount of time, you will probably understand that Iraq ebbs and flows. Many times we see a flurry of articles for a week or two... and then silence. The bottom line is that we don't need to freak out when there is a week or so of silence. It's just the natural way things move over there. Although there wasn't anything big to discuss over the last week or so, it's only a short matter of time before things pick back up.   Although not much was done this last few days, an old adage comes to mind... sometimes, no news is good news.

3-27-2013  Newshound Guru Breitling    [Does Iraq need to get every dollar off the streets to revalue the dinar?]  No, they just have to motivate the trend toward people off the dollar.  Their intent when they created the new currency is to make the Iraqi dinar a tradable currency around the planet so that everyone can use the dinar as a reserve, relevant outside the oil industry.  They will not have an in country revaluation. They are controlling, they are going from a dirty float to a managed float.  They need to manage the money supply in order to get in to the dollar range and then once they do that they can get in to the $3 range.  You are actually watching policy, it's managed. Their intent is to raise the value of the dinar.

3-27-2013  Intel/Newshound Guru Poppy3    I DO NOT EXPECT THE RV TOMORROW MYSELF BUT I HAVE GREAT EXPECTATIONS FOR THURSDAY TO APRIL 1 I KNOW WHAT DAY IS BEING SAID THAT IS THE DAY BUT I AM THINKING ITS A DECOY FOR THE ACTUAL DAY. TIME WILL TELL BUT EITHER WAY IT WILL BE AWESOME.  POPPY3

3-27-2013  Newshound Guru SWFloridaGuy   This is a very unique opportunity (obviously), but for a historic precedence let's take a look at 1960-Present Day, there have been 25 episodes of large nominal and real appreciations. If you solely look at historic large currency appreciations, even a 20% increase, runs the risk of having negative long term effects. A 100,000% increase is not even something regarded as possible by most economists. However, this obviously why we are all here, what we all have come to recognize & what makes this opportunity in Iraq a unique situation!! So, stay positive friends and I will as well. Hopefully, this will all be over soon and we'll be at the bank soon.  [post 2 of 2]

3-27-2013  Newshound Guru SWFloridaGuy    Iraq's currency shows more promise than any other before in history (considering where it's been, where they are and where they can go).  Has there ever been a RV like what we're expecting? Of course not!!! Did Kuwait RV the same way we're hoping Iraq will? Of course not!!!  Previously there have been 14 episodes where a country's real and nominal effective exchange rate appreciated by 10% or more without discretionary adjustments of the parity by the government (over a two-year window or less), leading to sustained real effective appreciation. [post 1 of 2....stay tuned] 3-26-2013  Intel/Newshound Guru Poppy3  our sources are real and have real jobs in real key positions so please understand. I get excited and am bad about saying way to much. Lol, lol but when i am this excited i am even worse about it. its all my fault but you better be happy about it.  the people sharing with me are friends and i assure yu what they are saying is fact as they have been told to date. If this thing blows up again it will not be because they told us a bunch of bull in fact they don't know one another and are in three separate parts of america and two are in iraq. What is being said is being said the same in all locations and all are saying the same thing within 48 hours of the same deadline for the blessing . Now thats as plain as i can say anything more about why i am so excited...48 hours from seeing the end of the road.

3-26-2013  Newshound Guru Stryker   Well they did it again, the Kurds said they were going to be in attendance in the parliament all the way up until the last minute yesterday and then an announcement came out from them saying that they would decide within 48 hours. I thought something was up but I said we would just need to wait and see, early this morning we found out, not Kurds showed up in parliament today. It was almost like they said they would be there for the last few days so another majority could not be formed to vote around them again, surely they wouldn't do that, right?

3-26-2013  Intel Guru Blaino   NOW YOU SEE WHY THE "FOLLOWER" (VND) COULD BECOME FAR AND AWAY THE "LEADER" IN RETURN PER ORIGINAL DOLLAR CONVERTED TO EACH CURRENCY ORIGINALLY. AT THESE RATES AND SCENARIOS, THE VND RETURNS $7,966.00 VERSUS THE IQD AT LESS THAN HALF THAT .... $3,109.00 :::::::::::::::::::: DO THE MATH!   [post 3 of 3]

3-26-2013  Intel Guru Blaino   THEN, WE LOOK AT IQD AT $3.42 REVAL (POSSIBLE)1 MILLION IQD AT SAY $1100.00 WOULD BECOME $3,420,000.00 DIVIDED BY THE $1100 YOU MAY HAVE SPENT (AN AVERAGE) EQUALS $3,109.00 FOR EACH DOLLAR OF THAT $1100.00 YOU CONVERTED.   [post 2 of 3....stay tuned]

3-26-2013  Intel Guru Blaino   OK...WOWSER, LOOK AT THIS! 1 MILL VND @ $60 COST TIMES A (POSSIBLE) REVAL RATE OF $.478 = $478,000.00 OR IF DIVIDED BY THE $60 YOU SPENT TO GET THAT MILLION, A RETURN OF $7,966.00 FOR EACH $1.00 YOU ORIGINALLY CONVERTED TO VND OUT OF THE $60.00 YOU PAID FOR THE CURRENCY!   [post 1 of 3....stay tuned]

3-26-2013  Newshound Guru Kaperoni   Article:  "IMF calls for strengthening financial control mechanisms in Iraq"    Enorrste and I were discussing this issue yesterday.  We have heard from the IMF in the past, the World Bank in the past, or the UN or USAID, EU and others, but I do not recall ever, that these are all coming forward at the same time.  This seems truly to be a real unified approach to get Iraq to move forward now.

3-26-2013  Newshound/Intel Guru BGG    One way or the other - the next few days will be very exciting.

3-26-2013  Intel/Newshound Guru Poppy3    GLORY, GLORY, GLORY, GLORY, GLORY, GLORY THE NEWS IS AWESOME GLORY, GLORY, GLORY, GLORY ,GLORY , GLORY THATS ALL I CAN SAY . YOU GUYS ARE SO VERY BLESSED AND MANY ARE STILL IN WEATHER THIS IS EVEN REAL GLORY, GLORY, GLORY, GLORY, GLORY, GLORY.  IT IS A WONDERFUL WEEK AND EVEN THOUGH IT IS COLD IT IS A GREAT DAY. WE ARE SO VERY BLESSED.  [from a scale of 1-10... how excited are you poppy?]   I AM AT A 11 PLUS.

3-26-2013  Newshound Guru Kaperoni  Article:  "Suhail looking with a delegation from the World Bank restructuring Iraqi banks and the Central Bank"  Very good stuff.  With the 30 days from the IMF to choose an exchange regime, and this meeting, we are definitely getting closer.  Let's hope they can get the final work done on restructuring these banks and move forward with the dinar.

3-26-2013  Intel Guru SteveI    Referencing Wife in the Know post dated 3-25-2013:   I absolutely agree with this post...it is accurate by all of our sources, so I can safely say, it is what it is and spot on. Their numbers and ours are within a penny. I am more confident more so every day. I think plus or minus a few days around Easter will be a perfect time for the final task. You all saw the article saying they are going to start spending money first part of April, so in my opinion, this is as good as it gets.

3-26-2013  Newshound Guru Kaperoni  Article:  "World Bank restructure the Rafidain and Rasheed in order to raise the value of the Iraqi dinar"  if you go and look at the World Bank Report on Iraq...the Rafidain Bank and Rasheed Bank action plan #75, #83.  And memorandum of understanding restructoring of Rafidain and Rasheed #91...They are basically the same with 5 steps to restructoring them.  This IMO is Key as the 4th step is recapitalization.  I dont know if that is complete, but we have seen the CBI hold a bond auction earlier this year at $200 billion dollars.   Which according to the WB report is the method of funding this recapitalization...it appears they are at that stage (#4).  With #5 only left which is titled..."Implementation and Follow-up."  Seems like we are very close.

3-26-2013  Newshound/Intel Guru Bluedog   Iraqis do not make major moves when the USA is in their country so they wait a bit the do things.  I hope Kerry's surprise does not slow this down.  Im still on for first part of this week if not then in april, the first week...

3-26-2013  Intel Guru Poppy3    now listen up during my dinner two other sources and confirmed almost verbatum what i had already recieved last evening. So now i am more confident than ever this is our week??? At least it is the best week in the last 6 years i have been locked into this thing.

3-26-2013  Newshound/Intel Guru BGG    [on Randy’s call the other day, he said something about if this things doesnt go by saturday the 30th, then we may be out another month? do you agree?]   he’s probably right in that – If they don’t have some kind of event shortly, it signals that they are going to remove him and that will take just a little while…(not long)... that is obviously his assessment (not mine) – I will have to look at it once we get to that place, but that sounds reasonable...could be lots sooner actually – Article V paves the way for a very quick Maliki exit.

3-25-2013  Intel Guru Wife in the Know   I have stayed silent to allow for this to play out, but now I am very excited after what I was just told.  The timing for the release of the "new" rate of the Iraqi dinar has been agreed upon. The rate of 3.42 is to appear on April 1st! (No fools day joke either friends) this information has just been acquired by people who deal directly with payment distribution for contracted services. This is the department that my husband works for and he has been telling me that as soon as payment schedules are released, Iraq will then revalue their currency!   I have complete faith that this is finally the end of this long endeavor for the Iraqi people. Start smiling : )

3-25-2013 Newshound Guru Stryker    Things are Getting Real Exciting in Iraq...it is getting real interesting my friends. 

3-25-2013  Intel Guru Poppy3  am i excited???  yes very. can i share the information i have been delivered...no.  would i like to yes but guys they could be wrong...ALL I CAN SAY IS THAT I AM NOT THE ONLY ONE THAT IS EXCITED TODAY...  NOW LISTEN TO ME ALL THIS CAN BE VERY WRONG BUT THIS IS HOW CONFIDENT I AM IN THE PEOPLE THAT I KNOW PERSONALLY AND WHAT THEY HAVE SHARED WITH ME. IF I AM WRONG THEN IT IS ONE MORE MISTAKEN LEAD FROM IRAQ BASED ON THEIR LIES NOT MINE OR MY SOURCE, USE YOUR OWN JUDGEMENT. POPPY3  

3-25-2013  Intel Guru SteveI  Article:  "Economist: delayed disbursement of public budget will affect negatively on the five-year economic plan"   This is an extremely positive article. This means the budget has to be posted in the official Gazette opened and change value prior to disbursing the monies. April is only a few days away so I also see this as very good news. Finally the citizens will get taken care of for a change.

3-25-2013  Intel Guru Frank26     Article:  "BAGHDAD / obelisk: counting and Planning Minister Ali Shukri, Sunday, announced the World Bank to start implementing his plans to restructure the government banks Rafidain and Rasheed It's an important step was waiting for Iraq to raise the value of the dinar."  [The quote... "was waiting for Iraq to raise the value of the dinar". Seems to be in past tense, that it has already been done. Is this correct?]    You ask me is that correct?  LOL.  And what have I been telling You about this subject since 1/21/13?   It was born by US the USA via the IMF doing the 2013 budget for Iraq since Nov/2012. I told You...It only seeks a final home called a PASSED 2013 BUDGET.  So is this article correct?   My only comment is...Ditto.

3-25-2013  Newshound Guru Med   [news was a little disappointing about Kerry's visit to iraq]   DONT EXPECT IT TO BE IN PUBLIC BUT FROM WHAT I AM GATHERING FROM THE NEWS WE ARE GOING TO KEEP MALIKI IN OFFICE.  I BELIEVE THAT THIS WILL HAPPEN WITH OR WITH OUT HIM IN OFFICE.  THEY CANT KEEP THE STATUS QUO INDEFINATELY.  THE PREP WORK AND ALL THAT IS NEEDED TO BE DONE IS ALL COMPLETED.  IT IS ONLY THE MECHANISM FOR DELIVERY THAT STILL IS IN DISCUSSION.

3-25-2013  Intel Guru Bluewolf   OUR LUCKY 7 STARTS AS OF TODAY, BE ON THE HIGHEST OF ALERTS, follow the count down. YA ES ESE TIEMPO [ ITS ABOUT THAT TIME ].

3-25-2013  Newshound Guru Enorrste    Until the political environment improves (before everything!) the dinar will not rise in value.  Just what form that "political environment" improvement must look like is anyone's guess, but I suspect that it would AT LEAST mean that the current crisis (i.e., Maliki acting as dictator) would have to be ameliorated somewhat.  That means that we are back to a no confidence vote, or a change in Maliki.  Since the latter is highly unlikely we must hope for the former.  [post 4 of 4]

3-25-2013  Newshound Guru Enorrste    The next statement is their squeeky opening:  "the World Bank said the Iraqi side that lifted the value of the Iraqi dinar should be a priority as well as he needs to political stability in the country before everything."  The last part of the sentence is the "squeeker" part, namely political stability "before everything."  Therefore, rather than start jumping up and down, I suggest you sit down, relax, and look to the political environment for signs of improvement.  Without it, you will not see the dinar rise in value.  This means we are back to Maliki (damn it!).  I hate to be the bearer of sad news, but that is what the article is saying, at least to me.  [post 3 of 4....stay tuned]

3-25-2013  Newshound Guru Enorrste    Furthermore, the statement indicates that the actions being taken by the World Bank "will be the guarantor of restoring the Iraqi dinar of its value."  WOW!  It would be one thing to say that it would "make it possible, someday," or "open the opportunity somehow."  But instead it said it would GUARANTEE a rise in the value of the dinar.  AND IT CAME FROM THE MINISTRY OF FINANCE, WITHIN THE GOVERNMENT OF IRAQ!  This statement is truly a first, because it indicates that WITHIN the GOI there is now a consensus that the dinar should and WILL be raised.  The big question:  When?    [post 2 of 4....stay tuned]

3-25-2013  Newshound Guru Enorrste   Article:  "World Bank restructure the Rafidain and Rasheed in order to raise the value of the Iraqi dinar"  "the Ministry of Finance confirmed that the plans will be the guarantor of restoring Iraqi dinar of his value economic between foreign currencies and this will be part of this plan."  This sentence is the most powerful of all in this article.  First, the source of the comment in this sentence is the Ministry of Finance, NOT the World Bank.  The Ministry of Finance is a part of the GOI, not a part of Parliament.  Therefore, this statement comes from WITHIN the GOI.  This is the FIRST statement of support for the raising of the value of the dinar from within the GOI.  [post 1 of 4....stay tuned]

3-25-2013  Newshound Guru Kaperoni   Article:  "World Bank restructure the Rafidain and Rasheed in order to raise the value of the Iraqi dinar"  My immediate reaction is there seems to be some work left to do according to this article.   And second the WB is calling Maliki out.   In the past, the WB has told him to "butt out" of monetary policy.  So here we have them announcing the plan to put him on the spot.  If it does not happen, everyone will know why.

3-25-2013  Intel Guru Frank26   So tomorrow...I will further divulge some understanding on:   WE HAVE NO CHOICE BUT TO SEE THE RATE THIS COMING WEEK.  A FIXED RATE THAT WILL BE GIVEN TIME BY THE GOI TO ASK FOR A SECOND GREEN LIGHT FROM THE IMF.  WE KNOW THE BUDGET WILL BE IN THE GAZETTE THIS WEEK AS WAS ANNOUNCED TODAY BUT APRIL 1ST WILL BUST THIS BUDGET OPEN LIKE A PINATA. THE CANDY IS AN INCREASE IN THE VALUE OF THE IQD.  [post 3 of 3]

3-25-2013  Intel Guru Frank26   They painstakingly explained what Article 4 not only means but what the next step is for their country...the IMF's Article 8. They also proudly announced about CH7 as if it does not even exist anymore because they are giddy about entering CH6 of the UN.   Incredibly enough they talked to the citizens about their new position with the WTO and the WB. You know something...this takes a lot of guts to announce on such a public venue if they don't plan to do it.  [post 2 of 3....stay tuned]

3-25-2013   Intel Guru Frank26    late last night DELTA's Team from Baghdad saw a new campaign to inform the citizens of the pending increase in value by proclaiming through Iraqi TV these facts.   With excitement said DELTA...they explained what happened in those 10 days with the IMF and the GOI. They talked about the 85% and now kicked into 30 days. They told the citizens there is no request for loans from the IMF that they are about to increase the value of their currency.  [post 1 of 3....stay tuned]

3-25-2013  Intel/Newshound Guru Poppy3   here ae are again with days at the most of a very possible RV and what do we do we have a group of unenvited dignitaries from the USA landed in Bagdad barking orders that they should have been screeming about months ago.  NOTHING WILL MOVE IN IRAQ TILL KERRY AND CREW LEAVE THEN HOPEFULLY THEY WILL GET BACK ON TRACK BUT THIS IS ANOTHER DELAY FOR SURE.  I WAS PREPARING FOR THE RV NEXT WEEK BUT I CAN SEE...THAT THEY ARE GOING TO PREVENT PROGRESS AGAIN.
3-24-2013  Newshound Guru Eagle Has Landed    everyone keeps debating whether the 2013 Iraqi Budget is 138 Billion IQD or 138 Trillion IQD.   It is NEITHER!   the 2013 Iraqi Budget is $138 Billion US DOLLARS as clearly stated in ENGLISH by the Iraqi representative at the UN Security Council Meeting held on Thursday, March 21, 2013.  Heck, the Iraqi UN rep even calls for Chapter VII to be lifted on March 31, 2013. That's correct, he gave an actual date!

3-24-2013  Newshound Guru Doc     In fact over the last year Shabibi, SIGR, etc. have all commented on a par rate.  In ALL cases when the rate is compared to its glory days of around $3.40 it is in the 3-5 year goal and not in the short term.    As one of our professors told us in God he trusts, everyone else must bring him data.  Only whispers and rumors suggest non sustainable rates.  We report, you decide.  [post 4 of 4]

3-24-2013  Newshound Guru Doc     We found another interesting source which alluded to a possible exchange rate.  This was straight from the Ministry of Finance web site.  There is a section of the site which talks about some rules of thumb for economic evaluation inside of Iraq.  What jumps out is the exchange rate suggested by the Ministry is $1.134 per dinar.  We note this not to say this will be the "number" but to highlight the fact that NO published source has ever stated rates in the $3+ or $7+ range or any range that was much different than at par with the USD.    [post 3 of 4....stay tuned]

3-24-2013  Newshound Guru Doc      In other words Iraq expects to take in $95.3 million over 2013.  Remember oil is priced in USD and not dinar. As we reported previously and still contend the budget is 138 trillion dinar.  If you believe 138 "billion" dinar is the actual number then you must concede the assumed exchange rate is $0.69.  Even if you subtract 27 billion as quoted as shortfall to be covered by 2012 surplus then the rate would be $0.86 (95.3/111) which is no where near the astronomical rates being rumored.  [post 2 of 4....stay tuned]

3-24-2013  Newshound Guru Doc   We found another article quoting numbers that are supposedly in the 2013 budget.  It stated a total budget of 138 billion dinar.  The obvious question is is this a misprint and should it be 138 trillion dinar.  To confuse things even more it broke it down by saying it was "$83 billion dinar" for operations and "$55 billion dinar" for investment.  These obviously can not be in $ and dinar at same time.  While we maintain these to be misprints what is consistent in every public source is the budget is based on 2.9 million barrels per day at $90 per barrel.  This equates to 95.3 million USD.   [post 1 of 4....stay tuned]

3-24-2013  Newshound/Intel Guru BGG   Article:   "URGENT…US Secretary of State arrives in Baghdad"  This is exactly the action being called for by most noted foreign policy scholars. It’s about time they heeded good advice!!  Further – rumor is, Kerry is there to “affirm” US support for the new strategic alliance with Iraq. This would be part of the deal I have been talking about. Maliki needs this to legitimize his final year. He also needs new troops to provide security!! As I said – this looked like his only way out…

3-24-2013  Newshound Guru Tlar    Maliki and his goons, under the guise of fixing it, as though the original law is flawed and in need of repairs, really wants to drag this law through the mud and have it re-emerge with the responsibilty and accountibility for the bank falls under the Executive branch...he would love change this law to control the money of Iraq.  Instead of continually breaking the constitution, he would love to re-write it.  [post 2 of 2]

3-24-2013  Newshound Guru Tlar   Article:  "Deputy Central Bank does not need a new law, but for administrative guidance to support policy"   Changing the base law on the CBI that was written and set up by the Bremmer Provisional Government, is a Maliki inspired demand.  This bit about changing the law has no basis in fact, and the CBI knows it.  The law as written is a good law that will do everything Iraq needs to be able to function both internally and in the international community.  [post 1 of 2...stay tuned]

3-24-2013  Intel Guru Bluewolf    Banks are maintaining the highest of alerts, basil 3 compliant has been completed...all exchanges in currencies all contractors payments shall be paid off  with the 2013 Budget law which by the way was just ratified today in Baghdad by the Presidency ( factual news ). All issues with Kuwait over and done, all political movements in Iraq over and done the shift shall be soon, chapter 7 gone please lets get real on this issue, once the international release is completed the folder shall be close forever, section 8 chapter 6 etc. are different issues pertaining to another level of issues and they serve another purpose independently apart from each other but pertaining to Iraq in the whole. Be advise for there is a lot of smoke in the airways,  bottom line is we are solid and on track and the Go button is about to be depressed (released )...

3-24-2013  Intel Guru BOBGETZ6   I was informed by a friend today, who is invested in the future oil business in Iraq, that a contract to export oil is due to be consumated within a month. This person feels as if this is a very good sign as to the intentions of Iraq as well as attracting future investment. Possible RV close, IMO, yes.

3-24-2013  Newshound Guru Mountainman    Not only is this going to be huge for the oil sector and Iraq's economy in general but also support all the other legislation held up in Parliament as a result of being tied to it. They're bickering over 3 different proposals which when enacted (I believe very, very soon), will be good for the federal government and of course all the citizens who have been waiting for equitable distribution.  Now that the budget is officially in the gazette, which is far from a RV but progress and next on the menu for the House should be finalizing one of the three HCL drafts. [post 2 of 2]

3-24-2013 Newshound Guru Mountainman    HCL is coming, bet on it!! Iraq is losing fifty million dollars daily because of their inability to enact this oil and gas agreement. It's crucial and it's reached its boiling point. All parties involved are losing, there are no winners here and international pressure is mounting. This was supposed to be passed but the House of Representatives said at the last minute their was a minor dispute over political visions.   [post 1 of 2....stay tuned]

3-24-2013 Newshound Guru Kaperoni    on numerous occasions that the CBI, AMF and others have said they will choose..."floating orbit of exchange."  Which is a free float, not a managed float.  We can only hope they implement what they state as this will be the fastest way for us to recognize substantial growth in the dinar exchange rate.  Keep in mind, prior to war, Saddam had his currency on a "free float."

3-24-2013  Newshound/Intel Guru Bluedog   here's how its going to happen:  RV then open Budget april 1st...PM from Kuwait comes first week so currency has to go b4 all of this so they come for chp7 to sign off ...then WTO because they just went thru a Fast Track Training for WTO, then at the same time Tariffs start with WTO [so your still thinking rv this week]   yep, has to...to do what I just posted. 3-23-2013  Intel Guru Eagle1   I have a list of 2 dozen currencies in baskets of currencies that are restructuring.  In first basket of currency not all currencies are revalueing, some are devaluing.  We will have currencies that will revalue and others will follow with a devalue but I don't know which ones will revalue.  I know the Chinese Yuan will revalue as per an agreement in just the last couple weeks.  The Dong will revalue between May 1 and June 1, if my info correct, take it for what it's worth, with THE REVALUING OF THE DINAR IN THE NEXT FEW HOURS OR DAYS...

3-23-2013  Newshound Guru Kaperoni   the IMF report has very little information in it that can be construed as to raising the value of the dinar.  So many are trying to find "nuggets" where they don't exist.  In the case of this paragraph.  "The CBI should also take measures to gradually liberalize the provision of foreign exchange through its auctions, with the objective of avoiding in future the turbulence experienced by the market in the past year."   This is talking about the currency auctions, not raising the value of the dinar.  They are saying that they need to "gradually liberalize the provision of foreign exchange."  Which means to slowly make available foreign currency to everyone within the country as needed.  This is something that Iraq needs to do for a better overall investment climate.  But again, IMO it has really nothing to do with making the dinar value higher or internationally convertible.

3-23-2013  Newshound Guru Tlar   I believe Turki is now working in concert with the IMF in the direction he is taking the CBI.  Just like Shabibi he knows whats best for Iraq, as I'm sure both Shabibi and the IMF have been coaching him.  He doesn't speak much anymore nor does he try to answer the accusations that are being leveled at the bank daily.  IMO this is a good thing. He is following Shabibi's lead to a T.  Maliki may think he is the boss of the CBI, but the facts on the ground and the banks actions prove otherwise.   [post 3 of 3]

3-23-2013  Newshound Guru Tlar    Each article states that there has been a delay, all pointing to a future date (2014).  Only one article from the CBI has stated that it could be sooner if they get the government situation settled but it was the only article to say this.   The IMF has a vested interest to see it done sooner than later because they are low on funds.  It is still the constitutional right of the CBI to make the call at their discretion.  The CBI could spring this on the government unannounced.   The CBI alone is in charge of monetary policy in Iraq.     [post 2 of 3....stay tuned]

3-23-2013  Newshound Guru Tlar   I'm pretty sure the 1000 to 1 option is off the table.  That was part of the Shabibi plan last year.  It was intended to get something, anything going on the dinar.  Shabibi considered it as an option only because the government (Maliki) was so vehemently against the removal of the zeros.  I would be absolutely surprised if they were to go this route now.  All the articles are back to mentioning the removal of the zeros.  The two trains of thought are: a literal translation (removing the zeros as a one time event followed by a manged float), and the gradual increase of the dinar (based on a free float  culminating in the removing of the zeros when it hits a price point).  I think as I've stated, that the articles that are being and have been released since late December, all point to this as an event happening, all at once, not a gradual increase.  [post 1 of 3....stay tuned]

3-23-2013  Newshound Guru Med   JUST CUZ THE OVERALL SUCCESS MAY TAKE TIME DOES NOT MEAN THEY CANT REVALUE.  PROGRESS IS ALL THE WORLD IS WAITING FOR.   IRAQ HAS ENDLESS POSSIBILITIES AND TO BE TRUTHFUL IF AMERICAN COMPANIES ARE NOT LICKING THEIR CHOPS AT THE OPPORTUNITY WHEN IT ARRIVES THEN SHAME ON THEM.   [post 4 of 4]

3-23-2013  Newshound Guru Med   CHINA CREATED ONE OF THE TIMES IT WAS PUT ON HOLD WHEN THEY WERE BANNED FROM BIDDING ON THE OIL FIELDS BECAUSE OF OWNING A FORMER SWISS COMPANY WHO WAS IN KURDISTAN ILLEGALLY ACCORDING TO THE GOI AND BECAUSE THEY WERE STILL DOING BUSINESS IN KURDISTAN THEY WERE BANNED FROM ANY BIDDING.   BUT, PROBLEM WAS CHINA HOLDS TRILLIONS AT THAT TIME IN DINAR... BUT IRAQ DIDNT HAVE THE FUNDS.   [post 3 of 4....stay tuned]

3-23-2013  Newshound Guru Med   WHAT THEY ASKED WAS WOULD THE U.S. BACK THE DINAR WITH THE FULL FAITH AND CREDIT OF THE UNITED STATES OF AMERICA.   WE SAID YES  BUT THEY HAD TO IN TURN, TURN OVER ALL THE GOLD THAT IRAQ HELD AS COLLATERAL.  THEY WOULD NOT DO IT  SO IT ENDED UP A WASH.   [post 2 of 4....stay tuned]

3-23-2013  Newshound Guru Med    OVER TWO YEARS AGO IRAQ WANTED TO REVALUE.   THE ACTUAL VALUE OF THE DINAR WAS DELIVERED TO ALMOST EVERY INSTITUTION IN THE U.S.   MALIKI...WANTED THE OLD RATE.  WHAT WAS DELIVERED WAS THE RATE OF EXCHANGE.   IT WAS DELIVERED IN SEALED ENVELOPES AND PUT AWAY.   THEY WERE TO BE OPENED ONLY BY THOSE WHO NEED TO KNOW WITH INSTRUCTIONS.  [post 1 of 4....stay tuned]

3-23-2013  Newshound Gurus Bondlady & Shredd    huge things being set in place by not only the IMF but also the WTO.... such awesome news in this article from the IMF that came out yesterday... yes yes yes and what comes with a "Free Market Economy" by definition? an internationally recognized currency.  remember the source...This is such a wonderful confirmation and report card of where Iraq is, what goals are in front of them and the projections the IMF sees in Iraq!!

3-23-2013  Intel Guru Frank26   We have been looking today for an extension of the Standby Agreement.  There isn't any.  They have entered the one way street to revalue their currency.  They've got the green light.  This is huge.  Now, it's up to Iraq to follow through within 30 days, 30 days or less.  If not in 30 days, it kicks in anyway.  It's a one way street.  Iraq has the green light to allow them to release the rate & we believe that it will be done in the budget sometime next week, possibly even this coming Sunday.  [post 3 of 3]

3-23-2013  Intel Guru Frank26   They got the green light to lift the value of their currency.  It's done.  Article 4 is the permission to raise the value of their currency and they are about to do that next week through their budget and the following week Kuwait is coming to say "congratulations" here is the key to Chapter 7.  [post 2 of 3....stay tuned]

3-23-2013  Intel Guru Frank26    Article:  "IMF mission concludes Article 4 discussion with Iraq"   Article 4 is the key to their shackles, Chapter 7.  In the last 10 days the IMF met with the GOI and the CBI.  They accepted everything presented to them to have approval to raise the value of their currency.  This was the key to their shackles, it's called Article 4.  The IMF needed 85% of it's members to raise their hands and say they allow Iraq to increase their exchange rate and the got it.  They now exit from, from the IMF, Article 14, accepted through Article 4, to enter International status of Article 8.  [post 1 of 3....stay tuned]

3-23-2013  Newshound Guru Bondlady & Shredd   inflation has been kept in check also due to the monetary policy, inflation was contained at 6 percent, and we project it to decline slightly next year. I also wanted to conclude this last part of the paragraph  "CBI reserves reached US$70 billion at the end of 2012, while the Development Fund for Iraq (DFI) rose to US$18 billion". so the CBI has 70 billion in reserves and 18 billion in the dfi fund 88 billion, huge reserves for sure...yes, that's not a LOP country with those kind of reserves.   [post 3 of 3]

3-23-2013  Newshound Guru Bondlady & Shredd   a very encouraging summary by the IMF follows:  "Iraq managed to maintain macroeconomic stability over the past two years and "rising non-oil activity"  We expect activity to accelerate further to 9 percent in 2013, as oil production increases from just under 3 million barrels per day (mbpd) in 2012 to 3.3 mbpd in 2013." perfect confirmation of Iraq's strength....from the IMF!  [post 2 of 3....stay tuned]

3-23-2013  Newshound Gurus Bondlady & Shredd   Press Release:  "An International Monetary Fund (IMF) mission, led by Mr. Carlo Sdralevich, met with an official Iraqi delegation headed by the Acting Minister of Finance, Dr. Ali Al Shukri, in Amman, Jordan, during March 2-12, 2013 to conduct the Article IV Consultation discussion."    this document comes straight from the IMF and its discussing article 4 of the IMF.  it was nice to see from the IMF that "Following the recent expiration of the Stand-By Arrangement ..."  we felt like it had expired but there wasn't anything in print before now.  [post 1 of 3....stay tuned]

3-22-2013  Newshound/Intel Guru BGG   Article & Article quote:  "Economic parliamentary: Launch the budget early next week"  "BAGHDAD / Baghdadiya News / .. Announced the parliamentary economic committee, Thursday, that next weekend will be the date for the launch of the financial budget for this year, noting that the delay was for technical reasons"   Kind of odd they are talking about “technical reasons” delaying the budget?? Kind of like the “technical reasons” for delaying the “raising of the 3 zero’s project”?? AKA – Maliki??

3-22-2013  Newshound Guru L. J.   Speech quote:  "Confirmed Shiite cleric in Iraq, Ayatollah Ali al-Sistani Tuesday, that there are no real differences between Sunnis and Shiites, adding we are servants for all Iraqis."  THIS IS LIKELY THE MOST POSITIVE MESSAGE I HAVE HEARD YET. SISTANI IS SPEAKING WITH AN INCLUSIVE PERSPECTIVE. YOU ARE US AND WE ARE YOU.  WHAT MUST TAKE PLACE IS THE PEOPLE NEED TO CHANGE THEIR PERSPECTIVE BY SEEING IRAQ AS ONE COUNTRY THAT ONLY HAS RELIGIOUS DIFFERENCES...  THIS IS VERY ENCOURAGING AND THE KIND OF SPEECH THE COUNTRY TRULY NEEDS!!!!!!

3-22-2013  Intel Guru SteveI    This country is moving on and very quickly. I really do expect this before Easter. I feel so good about this, more so than any other time. Finally on track.  From what our sources are saying and we have the best in the world, if this goes past April 15th, I personally do not see it happening this year. However, with the new rate in the budget and it will be revealed very soon ...Our sources just have too much confidence in the direction this is going.  There is no doubt in my mind (at this time) where this is going and when. Me personally I feel before Easter.

3-22-2013  Intel/Newshound Guru Poppy3    I...HAVE STATED THE SAME POSSIBLE RATE MANY TIMES THAT RANDY IS STANDING ON THE RATE WILL BE IN THE RANGE OF $3.41 AND IF THAT DON'T GET YOU EXCITED SOMETHING IS WRONG WITH YOU.  POPPY3

3-22-2013  Intel Guru Redwolf    It is coming.  Look closely at the IMF announcement yesterday, world currencies, Jack Lew and his trip, world power shifts, president announcing we have no debt problem, the lack of concern from congress over our debt, countries backing currencies with gold and you have a pretty good picture something.  This is a day by day thing right now so watch world events very closely.

3-22-2013  Newshound Guru Kaperoni   Press Release:  "IMF Mission Concludes Article IV Discussions with Iraq"   I said this the other day...that if the IMF was not happy with where the banking system was, we would not see the DFI release, talk of UN Chapter 7, the SFA with the USA. etc.  They simply would put it off for another year.  Seeing all this come forward when we do..tells me that they want to get Iraq international this year.

3-22-2013  Intel Guru BOBGETZ6    I would bet you a ton, if I had it that the cash outs you have been hearing, are not true.   Well, from my side of the fence and speaking with some stellar contacts, that would not happen. It should be a all for one event at the same time.

3-22-2013  Intel Guru OCrush   ANOTHER KEY FACT FROM THE ABOVE ARTICLE STATES THE BALANCE SHEET OF THE 2 STATE OWNED BANKS ARE CLEANED UP (BALANCED...START FRESH).  IN CONCLUSION THE IMF HAS GIVEN THE STAMP OF APPROVAL TO IRAQ FOR CHANGE.  THEY CANNOT CONTINUE UNDER THE SAME MONETARY MODEL TO MOVE AHEAD.  THIS IS WHY THEY HAD A 10 MEETING WITH ALL SIGNIFICANT PARTIES.  TO GET ALL THE DUCKS IN ORDER AND GET THE PRIVATE SECTOR TO THRIVE.  THEY CANNOT DO THIS IN THE CURRENT MODEL:))   [post 2 of 2]

3-22-2013  Intel Guru OCrush   Article:  "IMF Mission Concludes Article IV Discussions with Iraq"  We truly are at the end of this ride!  Everyday I checked the IMF site for an Article 4 update (started after the IMF's SBA ended..Feb 23, 2013)  I cannot tell you how excited I was when I saw this today!!  It is dated March 21, 2013.  CHANGES ARE COMING!!!  ANOTHER IMPORTANT FACT IS MR. Carlo Sdralevich FROM THE IMF MET WITH ALL THE SIGNIFICANT PARTIES.  THIS TOOK PLACE IN JORDAN ON MARCH 2 - 12 ...10 DAYS OF MEETINGS....THIS IS HUGE.  THERE IS ONLY ONE THING THAT COMES TO MY MIND, MONETARY POLICY CHANGES.  [post 1 of 2....stay tuned]

3-22-2013  Newshound Guru Shredd   The wonderful buck, the currency that has kept them going is about to leave the building like elvis so, the logical solution is to get the dinar to take its place because this problem can't continue. An economy is the fuel for a country. Some will say iraq can just flood more USD but it is weak and we've see past articles about the concern in the dollar, that's easy to see.   so, this is pushing our agenda folks and what perfect timing, a time where stimulus via the HCL is about to come to fruition, a time where investment at all levels, even lending to businesses is taking place more than ever...so, be excited because this issue is escalating and everyone knows the solution, the Dinar.  [post 2 of 2]

3-22-2013  Newshound Guru Shredd   we know the auctions have been going on for some time and for those who don't get their purpose...liquidity to the people, those who use it. A process which has kept their economy running but now the banks are motivated to hold onto it thus causing a restriction in the availability of the dollar. We've seen a few articles in the recent past that told us that supply is drying up but ...why... a currency vacuum.  so, the issue has grown to this level and it's all PERFECT for us.  [post 1 of 2....stay tuned]

3-22-2013  Intel Guru OCrush   It seems the UNSC has approved the release of Chapter VII with conditions. They have till March 31st (love the timeline) for them to complete the border and compensate the families. Iraq needs to approve the monies that was given by Kuwait to the families...I am praying Iraq will do the right thing (of course they will;)  Cheers to all :)

3-22-2013  Newshound/Intel Guru BGG    Article:  "Urgent...Maliki holds sectarian MPs, officials responsible for recent bombings in Iraq"  He’s basically saying he’ll arrest anyone demonstrating against him…Good luck – that will be a lot of people. On the other hand – the opposition is pretty much blaming Maliki for these events.

3-22-2013  Intel Guru Delta    the order of things to come; the revalue, Chapter 7, then Maliki and politics, but these don’t matter; it’s only the rate we need to see now. It’s all a ONE WAY street! They are committed; they are not going back…it’s already and has been moving…ONLY Forward! They cannot go back.

3-22-2013  Newshound Guru Adam Montana   Now the part that really confuses people is the value of OTHER things such as oil.  if a barrel of oil is currently worth 100,000 IQD and the value of the single IQD is raised  that will NOT raise the value of the barrel of oil, therefore the numerical price tag on the barrel of oil will be changed...so a barrel of oil will not be sold for 100,000 IQD - it will be sold for 100.  [post 2 of 2]

3-22-2013  Newshound Guru Adam Montana   [As the VALUE of the currency rises then a problem also arises. If I borrowed 25000 dinars (worth $21) and the VALUE of the dinar rises to $1 per dinar, then do I owe you $25000?]   Here's what we expect: if the value of your bank account is 25,000 IQD today, and tomorrow the value of a single IQD goes up - your bank account should not change the number. You will hopefully be blessed with the benefit of a higher value account. Similarly, if you have a debit with a specific number on it, such as 25,000, that will not change - you will still owe 25,000.  [post 1 of 2....stay tuned]

3-22-2013  Newshound/Intel Guru Bluedog   everything is going great, the only news out of Iraq is that the Budget will be in the Gazette first of the week...just know alot of things will start the first of April with Iraq so lets hope we see a Rate soon...things will have to be paid retro back to the first of the year...but as far as news they are guarding what they put out right now never seen it this tight on info...article reruns are out from Iraq but not alot of new stuff so hang in there.  CBI was closed today and tomorrow...great time to change figure, IMO.   [do you think the RV can be announced and occur with the CBI closed?]  yes, for sure...some think you have to wait till it updates.  IMO, no you don't they can hit the switch anytime.  [Are you still looking at the 25th to 28th?]   yes hot, IMO...hoping b4 that.
3-21-2013  Newshound/Intel Guru BGG   There is no small amount of back and forth rancor between parties recently (and even today). This is good – indicating significant pressure on Maliki to fully give over to his original agreement (or some similar version of it) or face the prospect of being removed. I do think we are close to some political resolution and then shortly thereafter – a long overdue revaluation of the Iraqi currency. It has appeared to me, the world financial decision makers have not been in a hurry to hand over the keys to Iraq’s economy to a “wanna’ be” dictator. The good news is he may well be backed so far into a corner politically that his last, best hope might well work in our favor also.

3-21-2013  Intel/Newshound Guru Poppy3    I HAVE RECIEVED SEVERAL CALLS SAYING THINGS ARE REALLY SOUNDING GOOD FOR THE RV AND THAT OUR GOVERNMENT OFFICIALS REALLY THINK THE MOVE IN IRAQ APEERS THE CBI HAS A GOAL OF APRIL 1 TO HAVE ALL THEIR T'S CROSSED AND EYE'S DOTTED. THEY SEEM TO HAVE BEEN MAKING PLANS FOR BIG NEWS ON THAT DATE EVEN IF IT ISNT THE RV THEY EXPECT TO KNOW MUCH MORE BY THEN.   I AM TOLD THE THINGS WE HAVE BEEN WAITING ON HAVE SOME AGREEMNETS MADE LIKE THE HCL, ERBIL, AND MINISTERS BOTH DEFENSE AND SECURITY---- WELL THESE ARE THE REPORTS FROM THREE SOLID SOURCES FROM IRAQ, WASHINGTON, & OTHER KEY LOCATIONS. I AM VERY ENCOURAGED AT THIS POINT. POPPY3

3-21-2013  Newshound/Intel Guru Randy Koonce   We are close.  As you can see for the most part we have to assume that things are going well on the inside.  Between now and next Saturday...not this Saturday...the next Saturday, this thing should go off.  Can anything get in the way...of course. If Maliki doesn't do what he needs to do then they will remove him and it will take a little longer. Not calling it, but we are in a great window and I feel really good about it.  The rate is $3.41, I know I am right on the rate.

3-21-2013  Newshound Guru Enorrste   There is nothing we as individuals can do except wait and see. Nothing we do will change the future.  It will, or will not, happen when it does or does not happen.  I don't say this to be crass, but to be realistic.  I believe in our investment, but I'm also aware that Maliki...is keeping us from our wealth.  That being said, I wait until he is ready, or removed.

3-21-2013  Intel Guru Footforward   There is plenty of good information out there, but the really good information isn't out there yet.  A group of us are trying to confirm some of the information.  A lot of the the information is controlled and therefore misinformation.  I was told last week there would be a misinformation campaign that would last a couple of weeks and the information would get crazier and crazier such as a LOP, cashing in overseas, etc.  & it's going to get worse.  I can speak with 100% certainty that not one single person has cashed out...nobody in Iraq, no contractor, no soldiers, not one single person, period.  This is part of the misinformation & may continue for another week & expect it to get worse.  The RV is close and can go at any time, any day.

3-21-2013  Newshound Guru Med  [apparently there has been some articles on the cbi on there side of them adding assets to back the dinar like gold and oil, etc]   YES, THIS WAS SOMETHING THAT HAD TO BE DONE.  FOREIGN CURRENCY ASSETS WOULD NEVER COVER AN RV.  IT WOULD HAVE BANKRUPT IRAQ.  NOW THEY HAVE ALLOT OF GOLD.   REMEMBER THEY CAN SELL OIL FUTURES TO COVER THEIR CURRENCY.  IT DOESNT HAVE TO BE OUT OF THE GROUND.  YOU ARE TALKING TRILLIONS IN OIL REVENUES BUT IRAQS BIGGEST PROBLEM IS NO PRIVATE SECTOR OR A FREE MARKET ECONOMY TO BOOST THE VALUE OF THE DINAR.    THAT INTERNATIONAL ACCEPTANCE IS HUGE IN THE VALUE OF A CURRENCY...

3-21-2013  Newshound/Intel Guru BGG   [doc talks about the may date with the dfi funds...so im guessing that hasnt been extended...does anyone know when they have till to ask for a extention, thats if they even can again?]   they have extended "at the last minute" in years before. They could this time too...but I do not look for that to be in play...

3-21-2013  Intel Gurus TerryK & Bluedog   news in Iraq is irrelevant at this time...lots of good signals, signals of WTO, Ch 7 to be lifted, loan making to Egypt to become a donor country.  [do you have anything about the PM of Kuwait making a visit to Iraq?]  will be the end of the month (article).  what is more significant about that TK remembers about he wouldn't step into Iraq until the RV happens.  2 times in an article talking about the Kuwaiti PM said that Chapter 7 has been signed, maybe a bad translation, but talking like it was already done...may not have been publicized...when he shows up they may announce it then.

3-21-2013  Newshound Guru Tlar   Any country that can buy and retire a large % of its outstanding currency will ultimately be rewarded with a positive result of value increase.   The dinar has an extremely large amount of foreign currency reserves for the dinars that are out.  No body knows how much is still out but it has to be much less than the original 30 trillion number that the CBI through out before they started to dollarize Iraq and buy them all back.  Value to value there is no less than 3 dollars in foreign reserve currency in the CBI to back 1 dollar in the streets and that number I believe to be very low.   At the point that the CBI wishes to change the present situation concerning valuation of the dinar at 1250, they can do it on a dime.  [post 2 of 2]

3-21-2013  Newshound Guru Tlar  Article:  "Deputy: interference by the executive work of the Central Bank led to a decline in the exchange rate of the Iraqi dinar"    Though all the crap the bank has had to endure, the accusations, the personnel changes, the government interference and those quasi experts who keep making stupid remarks and recommendations, the actual direction has remained the same.  The currency markets in Iraq are going the right way as the CBI continues its course in spite of everything.  They are still buying dinar and retiring it.   The net result will be extremely positive for us as investors and for the people of Iraq.  [post 1 of 2....stay tuned]

3-21-2013  Intel Guru SteveI    there is so many good things happening behind the scenes and not much of it is being reported by the media.  we are being told that wages being paid April 1st will be in the new rate and they are already preparing them and trying to explain to them in advance so they will not panic when it happens.  We feel that this should not go if any but a few days into April. Too many things are lining up to cause further delays.  Another bit if information, I was able to confirm for a fact that the Treasury personal is in fact still in Iraq located in the Embassy and the CBI which I believe this to be very positive.

3-21-2013  Intel Guru Delta   They have given Iraq all the way to the end of this month to increase and release the rate.  They got the green light to move forward. I was told they got the rate as well but it was not imparted to me. But I was told they did in fact get the new rate and the IMF approved that rate! The rate already exists but we don’t know what it is. Only certain people know what it is. We don’t know the date and rate. The budget will trigger this new rate!  [post 2 of 2]

3-21-2013  Intel Guru Delta    You won’t see this in an article. Remember when the IMF met with the delegation from the MoFinance and MoPlanning; the IMF got ALL of the final accounts for the previous year from Iraq and they have given their blessing to Iraq and they are happy about it! Remember before you can release the new rate they had to have an audit from previous years for all the accounting aspects. Likely from 2003 – 2012. When they met in Jordan, the IMF approved everything.  [post 1 of 2....stay tuned]

3-21-2013  Newshound Guru Breitling  These guys are moving forward, they are passing laws that need to be passed.  Do they have a little bit more to go, absolutely.  But if you look at what they have passed, it's remarkable.  It's a winning game plan.  They have to go through a process.  There has to be a good result.  It's very simple, they have to build their infrastructure.  If they don't build their infrastructure correctly, it will hurt them.  They are not going to sabotage their own economy.  In the meantime, it will start pipping up.  The procedures are happening right before your eyes.  Let's just see where it goes.  [post 2 of 2]

3-21-2013  Newshound Guru Breitling  There is no date set for the revaluation.  They are going through policy.  They are actually stopping the selling of the dollars and it is actually causing the value of the dollar to go up a little bit.  Sooner or later that will stop and they will switch to the dinar and the usage of the dinar will cause it to pip up.  There is no date for that.  It's call behavioral economics.  The markets themselves will pick when it will go up.  That doesn't mean there won't be a hard revaluation coming up, IMO, I believe that definitely will happen.  [post 1 of 2....stay tuned]

3-21-2013  Newshound Guru Adam Montana   [If a worst case scenario were to happen...would the Kurds produce their own currency? Then is it probable to have a Sunni/ Shiite currency only?]   I don't think it will happen, in fact I think it's more likely that the entire region would go to one currency before they would split up and use a different "Kurdish" currency.   Also, since  the "Kurdish" region is so hard to define, they don't even technically have their own "country"... it would be really hard to do. I don't think they will be leaving Iraq.

3-21-2013  Intel Gurus TerryK & Amaddan    major contractors that are doing construction paid today at $7.42 in Iraq...has been confirmed.  hearing constantly showing up at different WF screens at $7.24.  supposedly RV'd a few nights ago... it is being traded as a commodity on trade screens at forex... had heard this, heard it would happen 24-48 hours before showing at the banks...so that has been going on the past days...enhanced security around CBI going on.

3-21-2013  Newshound/Intel Guru Flashing   In fact for those who say that this is the same as in other years...let me tell you that you are totally wrong.   In previous years Iraq  had not paid the debt of Kuwait Airways, had not reached a settlement in international courts with regard to that issue, had not reached significant agreements on other items and had not worked in the borders markers as is being done now ( with a deadline  of March 31, 2013), had not reached agreement on certain  maritime items,  etc.  As I have said previously this rv is tied to chapter 7 .  In my opinion the best window for our rv will start on March 31, 2013.  [post 3 of 3]

3-21-2013  Newshound/Intel Guru Flashing   As you know the freezing of assets as well as other measures are used against the aggressor countries that pose a threat to world peace and security. Definitely the fact that KPM has on its agenda to remove Iraq from Chapter 7 sanctions is exciting.  Consequently all
significant items for international peace and security have been done or are being worked on by both parties and such agreements should be finalized during the visit of Kuwaiti PM.   If we consider that in addition to this, on May 22, 2013 the sanctions over  frozen funds will be lifted, we are definitely in  the best time of our investment.   [post 2 of 3....stay tuned]

3-21-2013  Newshound/Intel Guru Flashing   Article:  "Kuwaiti Prime Minister in Baghdad next month to discuss removing Iraq from Chapter VII"  another excellent article which let us know how great is our near future.  the agenda of the KPM  [Kuwati Prime Minister] is very promising for our purposes. It includes a number of issues that are directly related to Chapter 7 and showing other joint business  between the two countries allowing us to deduce that the relations between the two sides are very good. One issue is how to remove Iraq from Chapter 7 sanctions. [post 1 of 3....stay tuned] 3-20-2013  Intel Guru Delta    IMO, I do not feel we will have much waiting & IMO, we have a 50/50 chance of seeing a rate change this week.  the 21st is the first of spring and their Holiday [Islamic New Year] of Horus is taking place. Parliament will likely suspend everything next week to allow everyone vacation time for celebrating the New Year...next week will be HOT! HOT! HOT! Tuesday thru Thursday! 26 – 28th!!!   [post 2 of 2]

3-20-2013  Intel Guru Delta   On the 7th Parliament approved the budget. The constitution states that he will have 15 days to ratify the budget. But the 15 days start when he “receives” the budget. The President of the Parliament delayed sending the budget for 10 days. We know whomever is in charge of signing the budget into law, ratifying it now has it and there should be no further issue with the budget. Technically he has until the end of the month to sign the budget legally. If he doesn’t sign it, it still becomes law after 15 days and will be entered into the Gazette.  [post 1 of 2....stay tuned]

3-20-2013  Newshound Guru Adam Montana   [please explain forex pros. Is the iqd being traded ? MARCH 14,2013 READS 1148.15. MARCH 17,2013 1151.25. SOME SAY NO.WHATS YOUR OPINION?]  forexpros tracks trades and keeps up with the IQD - I don't know why they list it when it's not being traded, but they do. Do not rely on forexpros as an indicator of the IQD being traded.

3-20-2013  Intel/Newshound Guru Poppy3   [Poppy u think we are within 3-4 weeks of RV?]  I THINK IF ALL GOES WELL IN THE NEXT TEN TO 15 DAYS WE COULD SEE OUR BLESSING BUT THAT IF IS A BIG LITTLE WORD.

3-20-2013  Newshound Guru Stryker   [new guru]  It sure looks like to me that April is the month that will see Iraq finally emerge from the infamous Chapter VII, see the 2013 Fiscal Year Budget [will] be released after it gets officially posted in the Gazette this month.  With Executive Order 13303 expiring May 22, the tariff's and other laws about to be implemented and parliament coming back in session on the 26th the end of March is sure to bring some interesting results my friends.

3-20-2013  Newshound Guru Mountainman   2 days in a row, 2 separate articles saying next month Iraq may be out of Chapter VII. Now if that isn't progress, I don't know what is. If we believe that the United Nations doesn't want to lose this bargaining chip without first guaranteeing that Iraq moves forward with going international then I'd say even the most skeptical people would agree this is looking pretty darn good moving forward. 

3-20-2013  Intel Guru Delta   The CBI has now updated the M2 figures on the Arabic side up to January 2013 showing a change over 2 months’ time down to 4.58 and we are still missing 2 months of data family! So, you can see they are doing a REALLY good job of reducing the money supply especially, the hard cash liquidity on the street. This is almost a 1.5% drop over 2 months. That might not sound like much but it’s actually a lot of Dinar they have moved off the streets of Iraq. Then if you calculate or speculate from January to present….this tells us also that we are again VERY CLOSE to see a rate change!

3-20-2013  Newshound Guru Doc    We are much more interested in the late May time frame when the DFI funds become unprotected "free" game.  We can only imagine the entities lining up to file suite against Iraq to get a share of the pot.  We simply can not imagine Iraq doing everything it can to get into a position to protect those funds.  We would think this would include making amends with Kuwait ie chapter 7.  Unfortunately the wild card Maliki still is the wild card in this game. However, what we believe continues is the international community pressuring Iraq via chapter 7 (not done yet), Kurds pressuring Maliki via HCl (not done yet) and the people demonstrate against Maliki.  All-in-all the vice is squeezing Maliki pretty hard.  Our hope is the vice will prevail.  One would think even Maliki would relent rather than risk losing 100s of billions of dollars.  Hence as we stated earlier late May is potentially of great significances.  We report, you decide.  [post 2 of 2]

3-20-2013  Newshound Guru Doc   There have been many dates thrown out...that suggest it has to happen by then.  Many of these revolved around the publishing of the budget which should occur in a few days.  The assumption is the RV rate is in the budget.  We can find no evidence of this.  All published sources actually suggest the opposite.  Every one is reporting an overall budget of 138 trillion dinar and not in the billions of dinar some have suggested.  With the 138 trillion number the assumed exchange rate is the current program rate of 1166.  We also  know the budget is not a prerequisite for currency reform.   With this we are confident we will see this budget opened and it will have no impact on the RV.  Simply put March will come and go with no new revelation.  [post 1 of 2....stay tuned]

3-20-2013  Intel Guru Frank26  Christine LeGarde of IMF made a speech but we are not seeing it yet. They are waiting to release it because it talks about Iraq. I sense perhaps they are doing a few more things before they allow the speech to be made public.   How is it possible they can lend 4 billion to Egypt at this point in time??? With toilet paper??? That move tells us they have a new rate!  We are as close to the RV as breath is to us.  Unless a lot of nations enjoy toilet paper; we don’t expect a low rate.

3-20-2013  Newshound Guru Adam Montana   And we actually have an intended date for Kuwait to officially support the release of Iraq from Chapter 7 - they are aiming for April. Of course, it is still up to the UN regardless of what Kuwait says or does, but the fact that we have a target date is a great thing. (Way better than "soon"!)   Of course, none of this indicates a guaranteed RV or a guaranteed date, but it IS good progress and that's what I like to see.  So if I had to put a date on anything, I would definitely be aiming for mid to late April. (I hate giving dates, and I have historically avoided doing so. This is just a "watch" date, not a prediction.)  [post 2 of 2]

3-20-2013  Newshound Guru Adam Montana   This week has brought some interesting news that should give us a hopeful outlook on our near future.  The Kurds are not exactly happy with the decisions made regarding the budget, and it appears they have even tried boycotting some Parliament sessions... but the meetings have went forward just the same, which is a sign that the Kurds cannot impede on the progress that the GOI intends to make. This is EXCELLENT for us.   [post 1 of 2....stay tuned]

3-20-2013  Intel Guru Delta   They are probably giving everyone about 2 weeks to get ready.  In this announcement they are really announcing the revalue of the IQD. Remember back when Shabibi made the 4 PIP movement from 1170 to 1166. This change was ONLY against the USD! The other currencies remained the same. BUT in THIS announcement…they are talking about a “change” ALL ACROSS THE BOARD! This time it’s going to be ‘AGAINST ALL FOREIGN CURRENCIES!’ REVALUATION. IMO,  we are really very, very close.  [post 3 of 3]

3-20-2013  Intel Guru Delta   Why are they saying now? Remember, they were talking last year about deletion of the zeros, raise the value, all kinds of talk regarding this, they also made mention that before they did anything they would give a “heads-up” of a couple, three weeks; we are not going to do this suddenly. It’s not going to be a surprise. We are going to tell you in advance and give you a chance to get things worked out and be ready...to get the government, financial community, exchange offices, currency traders, ISX a heads-up that it’s coming and to prepare themselves and be ready.  The announcement came out on the 14th.  [post 2 of 3....stay tuned]

3-20-2013  Intel Guru Delta   Announcement that came out from the CBI... Back in December the Board of Directors met behind closed doors and came up with 6 decisions, one being giving Turki the power to increase the value of the IQD when the timing was right. They are saying that those decisions they agreed upon back in December…they are about to implement ALL of them...NOW!  [post 1 of 3....stay tuned]

3-20-2013  Intel Guru Frank26   Chapter 7 Kuwaiti delegation will be in Iraq the first week of April. Notice all the chapter 7 articles that came out today [Tuesday]. We are watching the VND very closely and studying the possibility of the rumor that it could split its value.   Wells Fargo no longer mentions Chapter 7 as a stipulation to speak with us, now they also…look for a rate!

3-20-2013  Intel Guru Bulldog75   Article:   "Baghdad/Orr news The Government expects the Iraqi Prime Minister’s visit during the month of April, the Iraqi official said that the visit signed out Iraq from Chapter VII."  THIS APRIL, Kuwait is anticipated to sign Iraq out of Chapter VII !!!    MAGIC CARPET RIDE: $747$ ITS A GREAT PLANE, SUPER RIDE, AND A GOOD FIGURE.

3-18-2013  Intel/Newshound Guru Poppy3   i saw a question...about what could push this into 2014.  well i guess if i wanted to be very pessimistic i would say well maliki is going to run again and win but all the laws passed says he can't so I see a RV in our very near future. I am very optimistic that we will have a great view of better timeing picture before the end of this month. Plus I got screen shots today of 5, 10, 25 dollar dinar and reports some are even on the street. I know it make zero since for them to be released unless there is a RV but I can safely say some have been seen. POPPY3

3-18-2013  Newshound Guru Tlar   Article:  "Parliamentary Finance: do not oppose the project to delete zeros from the currency .. And postponed for technical reasons"    It looks like they are back to the original plan to me, meaning they will hold and defend the new rate for a period of time, at least until they get comfortable that its holding enough to let it free float. This looks like the original plan based on the study from 2008, if this is what they do and I think it is.  Drop the zeros and go to a controlled float as they have now at 1166, and prior to that at 1170.

3-18-2013  Newshound Guru L. J.    THEY HAVE BEEN ADVERTISING AND INFORMING THE CITIZENRY OF THE COMING EVENT AND HOW VERY IMPORTANT IT IS TO EXPERIENCE CHANGE. THEY DO HAVE A BAD TASTE IN THEIR MOUTH SINCE MALIKI STOLE HIS SECOND TERM ONLY TO CONTINUE HIS INACTION THE SAME AS HIS FIRST TERM, HENCE THE REASON FOR ELECTING ALLAWI’S PARTY AS MAJORITY. WE WILL WATCH AND SEE AS ELECTIONS ARE GETTING CLOSER TO LEARN WHAT WILL OCCUR IN A LITTLE MORE THAN A MONTH FROM NOW!!!!   [post 3 of 3]

3-18-2013  Newshound Guru L. J.    BUT THE PEOPLE OF NINEVAH SAY THEY ARE NOT GOING TO FALL FOR THIS TRICK, THEIR ELECTIONS WILL COMMENCE ACCORDING TO SCHEDULE. ONLY A FEW WANT TO SEE THIS ELECTION IN THE PROVINCE FAIL AND MALIKI IS BEHIND THAT DRIVE. I AM GLAD TO SEE THAT PEOPLE IN IRAQ ARE FOR VOTING…THEY MUST DO EVERYTHING IN THEIR POWER TO CREATE VOTER INTEREST AFTER THE FIASCO THAT HAVE BEEN THE LAST 7 YEARS.  [post 2 of 3....stay tuned]

3-18-2013  Newshound Guru L. J.   ELECTIONS ARE VITAL FOR THE SURVIVAL OF IRAQ. NINEVAH PROVINCE, ONE OF THE SAFEST HAS BEEN ASKED BY MEMBERS OF SHI’A PARTIES TO POSTPONE THE ELECTIONS TO FURTHER PROCRASTINATE AND DISSUADE CITIZENS FROM DEMOCRACY. IF THEY CAN HOLD THINGS OFF LONG ENOUGH FOR THE PEOPLE TO LOSE INTEREST IN DEMOCRACY AND THEY MAY TRY AND TAKE THINGS BACK TO THE WAY THEY ONCE WERE. SHARIYA LAW WILL PREVAIL AND DICTATORSHIP COULD RESURFACE.  [post 1 of 3....stay tuned]

3-18-2013  Newshound Guru Kaperoni   Article:  "Deputy calls for the central bank and the security services to limit the spread of the phenomenon of counterfeit currency"  I am with this guy.  The CBI has a responsibility to get rid of this 3 zero currency and issue new (lowers denoms would be perfect!)  just as the quote says..."...the central bank should have an important role in preventing the spread of counterfeit currency; because they confuse the national economy, and through issuing new currencies, with technical specifications high difficult forgery, and the withdrawal of counterfeit currency from the market..."

3-18-2013  Newshound Guru Shredd   [if they reduce the amount of dinar in circulation won't they need to raise its value in order to have same purchasing power?]  just by seeing the amount of note reduction shows us the substantial decrease in notes on the street.  so, to keep the needed liquidity they will have to increase the value quite a bit again, not a direct rate indicator but still very very telling !! so, if the units of currency in circulation was going from: 4 billion to 3.5 billion then, the rate shift wouldn't be very much would it but this is reducing by one fourth, so pretty exciting when you look at it in that light.

3-18-2013  Intel/Newshound Guru Poppy3    IT APEERS MEETING BEING HELD ARE POSITIVE FOR ALL US INVESTORS. I ANCIOUSLY AWAIT THE RESULTS OF FINDINGS FROM THE UNSC . TWO DATE(S) TO PAY ATTENTION TO ARE THE 21ST AND THE 28TH OF THIS MONTH FOR HOPEFULLY GREAT NEWS ON PROGRESS. POPPY3

3-18-2013  Intel Guru TerryK    I HAVE TALKED TO LEADING SOURCES AND THEY DO NOT KNOW WHAT HAPPENED WITH OUR INVESTMENT LAST NIGHT AS IT SHOULD HAVE HAPPENED, ALL I'M HEARING THIS MORNING IS THAT CHINA IS HOLDING THINGS UP, TRYING TO BUST DOWN THE EURO TO MAKE IT LOOK LIKE ITS NOT HAPPENING...THAT'S WHAT I WAS TOLD.  I THINK IT'S ALL SMOKE BEFORE THE STORM.

3-18-2013  Newshound Guru Enorrste  So, the law must be enacted in order to clarify debt to debtor transactions, both public and private, so that NEITHER SIDE benefits at the expense of the other.  This can be done, in my opinion, by using the dollar as the benchmark for the old debts.  In other words, if I borrowed 25000 dinars worth $21 in the old currency, then I will REPAY $21 worth of the new currency, whatever value each note has.  If it is $1 per dinar, then I would owe you 21 dinars in new currency.  If it was $3 per dinar, would only owe you 7 dinars.  This article is very important in that it brings to the surface now the essence of the final problems prior to freely floating the currency.   [post 3 of 3]

3-18-2013  Newshound Guru Enorrste   Third, there is a reference to a law that NEEDS TO BE enacted but has not been enacted yet, although Shabibi had said months ago that this law would be necessary before any change in currency could begin.  That law has to do with the "rules" for handling debt transactions.  For instance, if I borrow 25000 dinars from you today, and then they change the currency, what will I owe you in terms of the new currency?  This is the problem, in a nut shell, because they clearly indicate that "dual both currencies" will co-exist.  Now, if we are assuming a free float, then both currencies, old and new, will go up at the same time in value.  Therefore, theoretically, I could pay back my debt in either currency.  HOWEVER, as the VALUE of the currency rises then a problem also arises.  If I borrowed 25000 dinars (worth $21) and the VALUE of the dinar rises to $1 per dinar, then do I owe you $25000?  Of course not!  [post 2 of 3....stay tuned]

3-18-2013  Newshound Guru Enorrste   Article:  "Parliamentary Finance: do not oppose the project to delete zeros from the currency .. And postponed for technical reasons"  First, the Parliamentary Committee is saying that it has no object to the project of deleting the large notes (three zeros).  This is not new.  It is also not saying that they are going to act on it until they get the "green light" from Maliki (who is still the holdup).  Second, they refer clearly to "dual both currencies" which means that both the current IQD and the new dinar currency will co-exist for at least some period of time.  Again, this is not new.  In fact the Parliamentary Committee has said that they will not begin removing the large denom notes until 2014.  This would suggest, then, that the change to a new currency would occur sometime before 2014, right?  [post 1 of 2....stay tuned]

3-17-2013  Intel Guru OCrush    ALSO BIG NEWS THAT CAME OUT TODAY ON THE OIL & GAS ISSUE -- IE---- HOW EVERYBODY GETS PAID.  Article:  "Iraq and the United States sign an agreement aimed at improving the level of transparency in the oil ministry"  THIS CAN ALSO BE VIEWED AS A REPLACEMENT FOR HCL — HYDRO-CARBON LAW — WHICH IS A FINAL HURDLE ASSOCIATED WITH THE RV :)   [post 4 of 4]

3-17-2013  Intel Guru OCrush    We also heard that parliament will postpone there sessions till the 26th of March. Many of you, I am sure, are upset.  DONT BE!! THIS IS AWESOME! They know they have to get laws passed as close to the official release of the budget (gazette) so they can place these laws that they pass in the gazette together. They are all related.    Soooo in conclusion...GET READY! We are all excited for you! TEAM WORK AT ITS BEST!!!   [post 3 of 4....stay tuned]

3-17-2013  Intel Guru OCrush    Ok, Now there is a new timeline. Are you ready!! On the 21st of March we have the UNSC meeting.  Now, the 2013 budget has been approved by the deputy minister of finance and committee (10 days, right on the mark the law allows) to the presidency. Now the presidency has 15 days to approve it and place it in the gazette. 15 days is what the law allows, changed or not, it will be placed in the gazette.  Sooooo, the last day for this to happen is April 1st :))    [post 2 of 4....stay tuned]

3-17-2013  Intel Guru OCrush   These are very exciting times!!! The new Iraqi flag has been commissioned:) We were praying so hard to see something on the flag because we believe this is a sign of fresh unity and to move forward. Positive Symbolism is huge:) (new flag, fresh anthem, new money(LD)!   [post 1 of 4....stay tuned]

3-17-2013  Intel Guru Frank26    this blessing is already here. IMO, T [Talabani] has been in Iraq for quite awhile and, IMO, the 2013 budget is signed as of today.  one of the most powerful things that we shared with you was what the Iraqi citizens told my Teams...that Iraqi TV in the last two weeks has made it very clear to the CITIZENS of Iraq that their currency is about to gain POWER and VALUE...borders are secured...2013 budget is signed...there is so much protection surrounding Iraq and the beauty of it is that it was none of our business while they did it.  But, IMO, it is now time to get down to business.

3-17-2013  Newshound Guru Kaperoni   Article:  "Urgent…..Iraq, Kuwait reach agreement over borders re-determination"  [Now, let's just hope we don't have to wait for a July UNSC meeting to vote them out of Ch7. Didn't you say something about looking for a meeting around late April/early May? Is that a scheduled meeting or just an educated guess...]  I have seen no scheduled date, but based on the DFI/CBI money I would expect a UN meeting prior.  That is if it's not extended.

3-17-2013  Newshound/Intel Guru BGG   Article:  "Iraqi National Security Maliki warns of a plan to storm the prime minister"  I am not sold on this security situation isn’t a big reason Maliki would (and that it is one of the few ways to imply legitimacy and save his own neck) want the US back and involved in daily security operations.  (what it means is – I think this is why he might make such a request)…1) imply the US backing him (not entirely true)…2) a way to save his own neck from the coming wrath.

3-17-2013  Newshound Guru Med   IF THEY GET A CURRENCY AND START THE FREE MARKET IT WILL MOVE.  BUT THERE IS SUCH A LACK OF FORSIGHT IN THOSE WHO RUN IRAQ AND...AS YOU SEE THEY ARE CLAIMING  ONLY TECHNICAL ISSUES AS THE HOLD UP. [maybe they cant figure out how to change the dinar from what we have to the new smalls] THEY EXPLAINED IN THE ARTICLE THAT IT WILL BE DUAL SO THAT IT CAN BE A TRANSITION. 

3-17-2013  Newshound Guru Mailman17    IF THE BUDGET IS IN BILLIONS AND THEY INTEND TO RELEASE IT THE 22ND THEN A RATE MUST BE BEFORE THAT OR ALONGSIDE IT.  AS FAR AS WE KNOW THAT IS THE DATE FOR THE BUDGET.   BUT PLEASE DO NOT BE UPSET...THE OUTSIDE WINDOW STILL REMAINS MAY 22...THAT IS WHEN IRAQ WILL BE PICKED APART BY EVERY COUNTRY THEY OWE.  REVENUE SHARING AND THE KURDS 17% IS IN THAT BUDGET SO I DONT REALLY THINK A DELAY IS A REALITY.   EITHER WAY...WE HAVE NEVER BEEN AS CLOSE TO CASH IN AS WE ARE NOW...LITERALLY.  TICK TOCK GOES THE DINAR CLOCK AND IT TRULY IS THIS TIME GONNA STRIKE 12, IMHO.    [post 3 of 3]

3-17-2013  Newshound Guru Mailman17    THE OTHER THING THAT CAUGHT MY ATTENTION TODAY WAS THIS...WHY WOULD THE U.S. NEED A NEW FINCEN FORM FOR CURRENCY TRANSACTIONS EFFECTIVE I BELIEVE APRIL 1 UNLESS THE OLD ONE COULDNT HANDLE THE ONSLAUGHT OF DINAR HOLDERS.  I KNOW REGIONAL BANKS HAVE THE DINAR ON THEIR SCREEN WITH NO VALUE AND THERE ARE REPORTS ACROSS THE COUNTRY WITH THE SAME.  THE FACT THAT THE CBI HAS WARNED THEIR TRADERS AND MOST LIKELY BANKS TO BE READY FOR A REVALUATION IS ANOTHER GOOD SIGN.   [post 2 of 3....stay tuned]

3-17-2013  Newshound Guru Mailman17   A FEW DAYS AGO A FEW COUNTRIES...ESPECIALLY CHINA AND RUSSIA, SIGNED VERY LUCRATIVE OIL DEALS WITH THE KURDISTAN REGION.  APPARENTLY REPRESENTATIVES FROM THE 5 VOTING MEMEBERS OF THE UN INCLUDING CHINA AND RUSSIA  MET WITH MALIKI.  THEY DO NOT WANT ANY INTERFERENCE WITH THESE DEALS AND FOR THESE DEALS TO BE IN PLACE MEANS THE HCL IS NO LONGER AN ISSUE.   THE ONLY OTHER THING THEY NEED OUTSIDE OF THE HCL AND 140 IS KUWAIT DONE.  THEN THE UN CAN RECIND CHAP 7.   WHEN PARLIAMENT RE CONVENES I THINK THEY MIGHT JUST HAMMER OUT THE NECESSARY LAWS NEEDED TO FINALLY GET THIS UNDER WAY.  [post 1 of 3....stay tuned]

3-17-2013  Intel Guru Frank26   Article:  "The Federal Budget Law arrives to the Presidency for endorsing"  The budget arrives to the President? LOL.  How is that possible when they tell us T [Talabani] will NOT be in Iraq this whole month of March?  Because,  I told You 17 days ago WE protect T in Kurdistan and moved him to Baghdad last week.

3-17-2013  Newshound Guru L. J.    AS WE HAVE HEARD LAW RATIFICATION ONLY OCCURS AFTER THE PRESIDENT SIGNS OFF ON THEM AND THEN THEY POST IN THE GAZETTE. THEN WE COME TO THIS ARTICLE WHERE THE LAST PARAGRAPH MAY SHED LIGHT ON WHAT IS ACTUALLY GOING ON. IT READS: "The Federal Court confirmed that the law, passed by the House of Representatives, is true technically and could be challenged after its publication in the Official Gazette, adding that any decision, taken by the House of Representatives, is certified after 15  days of receipt by the presidency even if it is not ratified by the presidency of the Republic."  THIS EXPLAINS WHAT MAY BE OCCURRING; LAWS AUTOMATICALLY PASS AFTER 15 DAYS AND ARE CERTIFIED THEN SENT TO THE GAZETTE. SO WE WILL SEE IF THE BUDGET, TERM LIMIT LAW AND OTHERS ARE SETTLED BY THIS PROCESS.   WOW THIS IS HUGE IF TRUE.

3-17-2013  Newshound/Intel Guru Bluedog   Im hearing the same thing, first part of the week as to start to make your cash in plans.  I am so content knowing we're there just waiting announcement.  whats are back door date...IMO the 21st.  14 days after the Budget was voted on not 15 days, its the way I read it in their Constitution. so, done on 7th.  will Talabani wait till the last minute, I do not think so.  they are to start paying the poorest first the oil surplus, Oil funds immediately.  [What do you think, perhaps 'uncle Tally' [Talabani] has already signed and we are just waiting for the announcement?]  yes, I do.  I know TK [TerryK] said the VND is in the basket...my guy says its recently was removed...and that would allow for double dipping which would be great if true.   [any idea where the finsih line has been moved to]  IMO, first part of the week.

3-17-2013  Intel Guru TerryK   SO WE ALL READY FOR TOMORROW [SUNDAY] NIGHT.  EVERYTHING IS THE SAME. SOURCES ARE ALL JACKED UP.  THEY ARE REALLY EXCITED. WE SHALL SEE.

3-17-2013  Intel Guru Blaino  [is this ever going to reval?]   YES, And soon!  [what the heck went wrong, i/we/they thought it was supposed to happen yesterday?]   the short answer is "politics"! we "ought" to KNOW... I say "ought" to KNOW... By or before high noon monday!  [so it will be Monday at high noon or else.]  I really hope it doesnt come down to the or else, could be bad.  This may come down to the "wire" as far as being forced by another entity.  U.S. banks are READY.  3-16-2013  Newshound Guru Tlar    The Kurds are still mad that the budget did not pay for the oil payments due the vendors working in Kurdistan.  Oh yea, they got their 17% but they think they should have also gotten the billions they owe in payments to these vendors.  I'm with Bagdad on this one.  During the period that Kurdistan was producing oil independently, they only sent 40% of the of the revenues to Bagdad choosing to pocket the balance.  These were revenues that if they were received under todays budget, they would only get 17% of, not the 60% they pocketed.  Kurdistan should pay these vendors out of the profits they received.  Barzini is a fool to continue to insite his people by making this is a problem.  They have had enough meetings on this.  I've said this before.  Kurdistan is interwined with Iraq and will not make its own state nor will they produce their own oil.  So Barzini, for the good of your people and the good of Iraq, get past it.  

3-16-2013  Intel Guru Frank26  Article:   "Iraq plans to invest $173 billion in its energy infrastructure over the next five years"   They tell the CITIZENS ALL OVER Iraq that their currency is about to increase in value and Power on Iraqia TV.  So You will not understand or know.  But articles like this one with these NUMBERS that EXPLODE Become Your Iraqia TV Translated.

3-16-2013  Intel Guru BOBGETZ6   I have three different people, no more, who I am in contact with and trust their significant sources. Things appear to look good.

3-16-2013  Newshound Guru BGG   Article:  "Othman: Kurds MPs will return to Baghdad, ministers wait a decision."  This means the Kurds aren’t coming back until they have a chance to regroup and talk it over…but like I said, I expect them to exhaust other options before resorting to resigning from Ministry positions and removing the Maliki gov’t via Article V of the Term Limits Law.

3-16-2013  Intel Guru Redwolf   [new guru]   I have been at this for some time now. Haven't posted until intel was confirmed and verifiable. Banks are locked and loaded. This would not be the case if we are kicking this down the road. All of us hoped for today but this is global not just one country. The East is still in control of this. Be ready for next week!  Markets have to be open for an exchange. All, Just be patient for early next week. Rest easy and be ready.

3-16-2013  Intel Guru Frank26   22 days ago I told You Jack L. or Christine L. were soon going to make a speech via a video that would be released to the world concerning Iraq.  Get ready...You are about to see it.  It was made 22 Days ago.  The video will be between now and the 20th...On all networks, IMO.  I really should not be sharing this opinion just yet but I too am excited.

3-16-2013  Intel Guru Okie_Oil_Man   AN ENORMOUS AMOUNT OF VERY PROGRESSIVE ACTIVITY PRESENTLY GOING ON--WE WAIT AND PRAY--SURE LOOK'S GOOD AT THE MOMENT.  THIS WEEKEND MAY BE A PREPRATORY TIME THAT NEED'S EVERYONE'S ATTENTION.  I AM PRESENTLY ON PHONE WITH P.T.B. AND EVERYTHING HAS CERTAINLY LINED UP IN THE RIGHT DIRECTION FOR A CHANGE.  GOOD NIGHT-------AT LEAST FOR NOW!!  [GHOST:  I HOPE I DON'T GET SHOT FOR THIS BUT AT THIS VERY MOMENT OKIE HAS ACCESS TO A SITE THAT ONLY A FEW SELECTED INDIVIDUAL'S HAVE AND HE IS SMILEING BECAUSE THE NUMBER'S ARE ROLLING]

3-16-13  Newshound Guru SWFloridaGuy    I stay away from rate predictions but I would love to see on par with the USD. If you disagree then take it up with the Finance Committee, CBI officials and reports to US Congress that state 1 to 1 or slightly higher as the target rate. I'm not going to reiterate the multitude of reasons I believe that one day Iraq will have one of, if not the, strongest and most valuable currency not only in the M.E., but globally. ...we should feel confident we have signed up for a great investment opportunity...

3-16-2013  Newshound Guru Duckyboy   The news out of Iraq is looking good. There still some issues that I believe will continue to keep the RV from happening (a more stable GOI for one), but if I stand back from my opinion, I would/could agree with what Kap wrote earlier today [Friday].  [See Kaperoni's posts 3-15-13]   All this being noted and from the information that I have read...the RV looks closer. How close? We and everyone here can only guess because we have been in this position before...Just know that it appears things are looking better.

Below are the latest Dinar Guru Updates from Last night...
3-15-2013  Newshound Guru L. J.   JUST YESTERDAY...I WAS ASKING ANYONE TO PRODUCE THE TERM LIMITS LAW SO THAT WE MIGHT SEE THE PROVISION THAT SPOKE TO PARLIAMENT’S RESIGNATION OF MORE THAT 50% AND HOW IT WOULD IMPACT THE GOVERNMENT….AND WHALAAAAA HERE IT IS IN BLACK AND WHITE. IT IS EXACTLY AS I SAID IT WAS. NOW WE WAIT TO SEE WHAT BARZANI, ALLAWI, SADR AND THE NATIONAL ALLIANCE CAN ACCOMPLISH IN SADRS’ MEETING IN BAGHDAD TO DETERMINE THE METHOD TO FINALLY RID THEMSELVES OF MALIKI. KEEP IN MIND IT CAN’T GO TO THE OFFICIAL GAZETTE UNTIL IT IS RATIFIED BY THE PRESIDENT. SO OUR NEXT STEP IS TO LOOK FOR PRESSURE ON THE KURDS TO EITHER BRING TALABANI BACK OR HIS REPLACE HIM TO GET THIS LAW IN THE GAZETTE. WOW! THIS IS GREAT! MALIKI IS TOAST!

3-15-2013 Intel Guru Bluwolf  No one has a rate or a date for this so lets get real. There is alot of movement that gives us the notions that things are coming around to what is expected in happening but we must do what is correct and just let it flow in.  Once all sales stop you will see this rv and not before so use this as your reference point.  My only advice at this time frame is for all to start getting your paperworks in order for this thing is already knocking at all doors.

3-15-2013  Intel Guru TerryK    IM VERY EXCITED, THIS IS ALL COMING TO A POINT THIS WEEKEND.  HEARING THIS AM THAT THE RATE IS 7.20-7.70, WE ALWAYS HEARD THAT THERE WOULD BE .45-.50 SPREAD BETWEEN WHAT WE GET FROM THE BANKS AND WHAT THE BANK MAKES.  HEARING WF EAST COAST HAVE THE RATES AS WELL, NO RELEASES...JUST WAIT, ITS COMING.

3-15-2015  Intel Guru Frank26   [Frank can you share some of your findings today that encouraged you to put us all on white alert?]  Based on two factors: Our WF sources and what they are finally telling the CITIZENS on Iraqia TV.   WF is very close to us right now. IMO, My Teams have changed their posture on the IQD and us future customers.  It went from it is a scam last year to Us responding by saying  Ok, Then let me talk to your legal department cause I wish to sue WF. Why? Cause You sold me dinars last year. Then at the start of this 2013 They un-masked their purpose with the IQD.  But we then learned  WF will ONLY talk to us AFTER CH 7 is lifted. So we both stay close.

3-15-2013  Newshound Guru Kaperoni   So to recap...:1. Calls to open the banking sector to support the private sector. 2. Agreement with the USA to have “freedom movement of capital to and from Iraq.”  3.  DFI money end May 22nd.  Oil revenue goes into the CBI at that point.   Which is the key…because…4.  Currency auctions should be ending and “alternative arrangement is needed to serve foreign exchange demands.”  5.  And then…The CBI will become “the main provider of foreign exchange to the public sector”...more than likely that will be a shift from IMF Article 14 to Article 8 to achieve this.  6.  And lastly... “The lifting of UN Chapter VII’s Sanctions will facilitate the new role.”  IMO, we have a real timeline to look at for the dinar to become internationally convertible.  Sometime right around May 22nd, 2013 the CBI reserves will double in May.  Oil revenue in addition to that will make it the strongest currency in the world.  [post 3 of 3]

3-15-2013  Newshound Guru Kaperoni   “The lifting of UN Chapter VII’s Sanctions will facilitate the new role.” In other words, once they lift UN Chapter 7, that will be the trigger (facilitate new roll) for the CBI which, IMO, means movement from  IMF Article 14 to Article 8.   Which means that must also occur at or about the same time as the May 22nd timeframe.  [post 2 of 3....stay tuned]

3-15-2013  Newshound Guru Kaperoni   Article quote:   “The depositing of all oil revenues in CBI instead of DFI will enhance such arrangement and make CBI the main provider of foreign exchange to the public sector.”  This quote...from the Council of Ministers article on "May 22 oil revenues will be deposited in the CBI."  But even more, the CBI at that time will be “the main provider of foreign exchange.”   Which means on May 22nd, the auctions will be based on this economist's statement...and the "CBI will be the main provider of foreign exchange."  But it gets even better…  [post 1 of 3....stay tuned]

3-15-2013  Intel Guru Frank26  ALFA/Beta ...London is on ...W to E. WF is waiting for them.  ALL TEAMS...Tear down as DELTA says.   BRILLIENT WHITE [Means full alert.]  till 21st. Boarders set with EXX.   [OK, get your decoder rings out...we need it for this post!!]

3-15-2013  Newshound Guru Shredd   the ongoing auctions are our friend, showing the discrepancy in pricing vs actual exchange rate. i can guarantee you iraq will not be labled as a currency manipulater when they emerge as a member of the WTO. keep watching for news concerning iraq moving to a free market economy and the related auctions and pricing on the street.  this is the "demand" we all need to push the dinar!

3-14-2013  Newshound Guru Kaperoni   Article:  "CBI announces new decision to reduce exchange rate of foreign currency in Iraq"   I sent this to our Arabic translator, his comments imply that this CBI statement is not what others are making it out to be. The text is purely a PR announcement by the central bank:  It says the bank is watching closely what is going on with the exchange market (legitimate or otherwise) including the rise of the price of foreign currencies and the regulations governing the exchange market..  This is a report via the media to assure everyone that the bank is the regulator and assure the public and legitimate businesses that the bank is looking for the public interest according Iraq's economic needs. 

3-14-2013  Intel Guru TerryK   THERE IS AN ANNOUNCEMENT OF CURRENCY CHANGES COMING IN EITHER TODAY OR TOMORROW.  [is the USA behind the announcement you think?]  IT WILL NOT COME FROM USA.  IT WILL NOT COME FROM IRAQ?  IT WILL COME FROM IMF?.  THAT'S WHY I KEEP SAYING WATCH CL [CHRISTINE LEGARDE],  THIS IS A GLOBAL THING.  [Did you ask your source what is meant by the term "live". You mentioned something about that last night when you said the source said the rate is live??]  THAT IS CORRECT...THAT IS A BANK TERM WHICH MEANS IT'S IN THE SYSTEM...IT JUST HAS NOT BEEN RELEASED. WHAT I HAVE BEEN TOLD. [are you basing the announcement on sources or that article out of Iraq?]  SOURCES AND ANNOUNCEMENTS.

3-14-2013  Intel Guru OCrush   Politics in Iraq are moving positively. We just might be out of the woods with this political squable in Iraq. Rumor is that oil & gas was completed. Sub contract is active as of today. The subcontracts are with a few oil companies. Some of them were put on hold a couple of months ago. They are active as of today. They need to start the planning and prelimanery work on these contracts so the oil companies can build what they need to.   I am surprised they put out news on the oil and gas.  Looking good from what I can tell. The official agreement needs to be published to make it official but the protocols were put in place.

3-14-2013  Intel Guru Blaino    much is AFOOT..Told you days ago to watch late pm on thursday!...Mebby we have set the hook at LAST... Can we land this one?  i am expecting some action... 'jack' [Lew?]  said days ago: "must be done [asap].

3-14-2013  Newshound Guru Med   MUCH OF THIS DOES REVOLVE AROUND CHINA.  CHINA WANTS TO TAKE OVER IRAQ, NOT IN A MILITARY WAY BUT AS IN OIL EXPORTS.  NO COUNTRY  THAT HAS A THRIVING ECONOMY AND THE PEOPLE ARE WORKING  DOESNT NOT HAVE A TRADEABLE CURRENCY, IT IS COMMON SENSE AND BASIC ECONOMICS.  IN ORDER TO DO BUSINESS WITH THE U.S. THAT CURRENCY HAS TO BE ONE THAT ANY EXPORTER CAN CASH IN AND I AM NOT TALKING PHYSICAL CASH  IT CAN BE A BANK TRANSFER  BUT IT STILL HAS TO BE BACKED.    I NEVER WAS A RAH RAH BUT I REALLY FEEL GREAT ABOUT THIS.   [post 3 of 3]

3-14-2013  Newshound Guru Med    I, AS YOU KNOW, WONT GIVE UP THE PERSON  BUT I GOT A CALL EARLIER TODAY...AND THE BROKER TOLD THEM THAT THERE IS SOMETHING THAT MAY BE WORTHWHILE COMING UP.   IT HAD TO DO WITH AS I SAID THE IMF AND US TREASURY AND THE REVALUE OF A HUGE AMOUNT OF COUNTRIES AND ALSO THE POSSIBLE DEVALUE  OF SOME.  IRAQ WAS IN THE MIX.  THERE WAS NO VALUE GIVEN ON ANY OF THEM  BUT ALSO SOME U.S. BANKS  HAVE BEEN PRIVY TO THIS FOR SOME TIME  BUT FOR SOME REASON, AS IN IRAQ ISSUES, CAME UP TO POSTPONE IT.   THEY HAVE EVEN PUT OUT GRAPHS AND CHARTS  ON THE COUNTRIES AT CERTAIN BANKS AND ARE CONFIDENTIAL.  [post 2 of 3....stay tuned]

3-14-2013  Newshound Guru Med     WE HAVE ALLOT OF NEWS...THAT I HAVE BEEN GATHERING.  ACTUALLY,  CONTACTS I HAVE HAVE COME OUT OF THE WOODWORK AND HAVE CALLED ME  THAT SOMETHING IS GOING ON BETWEEN  THE US TREASURY, THE IMF AND POSSIBLY 14  COUNTRIES
INTERNATIONALLY.   NOW I KNOW WHO ARE BS SOURCES AND WHO ARE NOT THOSE WHO HELP ME OUT ARE VERY RESPONSIBLE.  [post 1 of 3....stay tuned]

3-14-2013  Intel Guru TerryK    WE HAVE 11 ORIGINAL CURRENCIES IN THE BASKET.   THEY ADDED 4 THIS PAST WEEK.   THE WAY THE GLOBAL THING IS GOING TO WORK IS THAT THE FOLLOWING DAY OF THE RV ANNOUNCEMENT THERE WILL BE ANOTHER 30 CURRENCIES THAT WILL RV AND EVERY FEW DAYS OR WEEK 30 MORE WILL RV UNTIL ALL 194 CURRENCIES ARE DONE.  SOME MAY GO UP SOME MAY GO DOWN BUT THEY ALL WILL ADJUST.  I HEAR FOREX MAY UPDATE TONIGHT.  [post 3 of 3]

3-14-2013  Intel Guru TerryK    DID ANY OF YOU HEAR THAT IRAQ AND AFGAN ARE TALKING TO THE USA ABOUT PAYING THEM BACK FOR THE WAR EFFORTS IN THE AMOUNTS OF TRILLIONS OF USD.   THAT LAYS THE GROUNDWORK FOR THE 3.7 TRILLION SITTING IN UST FOR THE US TO CASH IN AND AT 7 BUCKS THAT'S 21 TRILLION.  [post 2 of 3....stay tuned]

3-14-2013  Intel Guru TerryK   TWO CALLS WITHIN A HOUR,  PEEPS TELLING ME THEY HAVE CONFIRMS THRU CHINA AND HONG KONG THIS DID GO DOWN LAST NIGHT ABOUT 2 AM.  IT IS GOING TO TAKE ANYWHERE BETWEEN 12-24 HOURS TO GET TO US.  WE MAY HEAR OF IT FIRST THRU LONDON TONIGHT OR NEW ZEALAND MAYBE JORDAN.  THUS ON EX YOU SEE A SMALL MOVEMENT.  IT'S STARTED   [can anything stop this at this point.]   WHAT I WAS TOLD IS NO.  I'M HEARING THIS  7.20-7.70    THIS IS A GREAT TIME, VERY EXCITING.  ALWAYS TREAT AS RUMOR.  [post 1 of 3....stay tuned]

3-14-2013  Newshound Guru Med   SEE THAT THERE ARE BIG PROBLEMS IN IRAQ WITH THE DINAR. THIS MAY BE GOOD THOUGH.  IT TO ME  WOULD FORCE A CHANGE QUICKLY  TO STOP THE USE OF  COUNTERFEIT
DINAR AND THE USD IS OVERTAKING THE DINAR BY EVEN LONGER STRIDES.  

3-14-2013  Newshound Guru Eagle1   It is a complete reversal of the kind of banking management and protocols we have seen during the past decades. This requires -- in part -- that the central banks of the participating nations derive their currency values based on the relative asset base of each country.  In a recent report by Ernst & Young (the same financial firm that does the audits for the Central Bank of Iraq) published late in 2012, they state that many international firms which have moved abroad (in order to avoid negative consequences) are returning to their home countries in order to tap new funding sources and retail banking because of Basel III implementation. These new funding sources and retail banking opportunities are/and will be the product of revalued national currencies.  [post 2 of 2]

3-14-2013  Newshound Guru Eagle1   We've been talking about Basel III (The Global Currency Reset [GCR]) for several weeks, and the fact that there are some 168 currencies due to undergo restructuring of one kind or another. A fair number of these currencies are going to revalue -- some rather significantly -- in the coming weeks and months, and a fair number will devalue (some quite significantly).  Within the last couple of weeks, Christine Lagarde (Managing Director of the IMF) announced a basket of some 15 currencies that would be restructuring within the immediate future. One of the aspects of this GCR that is significant, in my opinion, is the transition away from debt management to asset management.  [post 1 of 2....stay tuned]

3-14-2013  Intel Guru Frank26   It's a GO GO GO.   Yes indeed as we have been sharing from TEAM "I" for over a week now.  Then Articles proved in the last 3 days that YES, Markets are dumping USD's with purpose AND  That Iraqia TV started telling CITIZENS as of This past Saturday that the POWER of THEIR IQD would go up.  BUT !!!  To see Your Team now verify this, Well I can only re-peat myself:  DONE DONE .....TA DA !!! : 

3-14-2013  Intel Guru Delta   URGENT URGENT URGENT  FROM IRAQIA TV:  CBI ANNOUNCES NEAR NEW DECISIONS TO REDUCE THE HIGH RATE FOREIGN CURRENCY.  THEY ARE SAYING THAT THE EXCHANGE RATE WOULD CHANGE AND WOULD BE DIFFERENT FROM THE CURRENT PRICES OF FOREIGN CURRENCY AGAINST IQD. THE CBI IS ABOUT TO INCREASE THE VALUE OF IQD.  THEY ARE WARNING ALL DEALERS AND CURRENCY EXCHANGERS IN IRAQ TO BE READY FOR THE CHANGE.

3-14-2013  Intel Guru TerryK  WHAT IF I TOLD YOU I HAVE A TEAM THAT HAS 5 CONFIRM'S THAT THE RATE IS ON THE SCREEN'S.  WHAT IF I TOLD YOU WE WILL EXCHANGE IN THE MORNING [THURSDAY].  THIS IS FOR REAL.  HAVE GOTTEN LIKE 7 CALL'S THIS AFTERNOON TELLING ME THIS.  IT'S FROM A SOLID SOURCE.  THEY GOT IT FROM THE HORSE'S MOUTH.  BUT ALWAY'S TREAT AS RUMOR...DAMN GOOD ONE AT THAT.

3-14-2013  Intel Guru Okie_Oil_Man   HAVE RECEIVED GREAT NEW'S TODAY [WEDNESDAY]--WILL ELABORATE WHEN AUTHORIZED-...I WILL PULL AN ALL NIGHTER ON AND FOR ALL YOUR BEHALF VERIFYING NEWEST INFORMATION JUST OBTAINED--KEEP THE PRAYERS GOING UP AND KEEP UP THE FAITH. 3-13-2013  Intel Guru SteveI   My thought was OK, something is going down pretty soon to react like this and it must be pretty darn important to act this way. Let’s just let the powers to be do their job and get this mission accomplished. I think next week could be very exciting regarding many laws and the release of the budget of 2013. Time will tell...  [post 3 of 3]

3-13-2013  Intel Guru SteveI   By the way, information is getting very hard to come by and things are being kept very secret. Our contacts at telling us that they have never seen this level of keeping things secret. One other bit of news, a very good contact in our US government will no longer take my calls and I was told that if anyone in their department discusses anything about Iraq they will go to prison for a very long time.  [post 2 of 3....stay tuned]

3-13-2013  Intel Guru SteveI   [We all know from article 31 the 2013 budget is retroactive as of Jan 1, 2013 once its published]  There is one reason and one reason only for the importance of making this retroactive as of Jan 1, 2013 once its published. If there was no rate change then it would not matter and they would simply open it (budget that is) and start paying it (disbursements). I believe this to be a huge bit of very positive information and very telling as to why all of this is starting January 1st.  [post 1 of 3....stay tuned]

3-13-2013  Newshound Guru Adam Montana    [who determines when the IQD is a world-wide tradeable currency?---IMF, WTO, UST, C.B.I.?]  The Dinar already is a world-wide tradable currency - any bank that wishes to trade it can do so. There is no rule that states it is NOT a "tradable" currency... at this time, most banks simply CHOOSE not to trade it. Once the rate goes up, we will obviously see banks changing their policies regarding the Dinar.

3-13-2013  Newshound/intel Guru Eagle1   The number of people that will double dip with the dong is minuscule its microscopic comparatively speaking I don't think they are fretting about that...I've been told that the word out of the UN and the IMF we are permitted to double dip with the Dong.  I'm hearing the Dong is either weeks or months away but they might spring a funny on us!  Other news from hear from 3 separate sources tonight that Wells Fargo has called a foreign currency meeting in the morning [Wednesday].  This is the first time I'm told by our friends at Wells Fargo...they are openly acknowledging the Dinar.  [post 2 of 2]

3-13-2013  Newshound/intel Guru Eagle1   basket of currencies will only have around 12 to14 currencies in it...Dong will not be in the basket...because it will be to great of a shock to the world...major rv with Dinar...followed by 3 or 4 currencies lesser devaluing this could happen a few times...this is my opinion not something I've been told.   [So they are going to allow us to double dip is what it sounds like?] in a sense...But you realize People that own the Dinar and have purchase the Dinar over the years numbers in the millions.  [post 1 of 2....stay tuned]

3-13-2013  Intel Guru OCrush   This is the latest. The oil minister has qualified some oil companies to bid in an area about 200 miles south of baghdad. They are, china, india, russia, japan and france.  A couple of months ago my cousin said when the bidding process starts again, the hcl will be in full swing. They have not determined the day of the bid yet but it is close to be announced. He believes next week. Also the UN will have a vote on the remaining issues on the 21st of March. Getting closer.

3-13-2013  Newshound Guru Adam Montana     At the end of the day, the fight for more territory will continue probably forever. But while Iraqi Kurdistan is using the Iraqi Dinar, and while the Central Government in Baghdad has the final say on international matters... "Kurdistan" will be forced to go along with the rate set by the CBI.  And that is good for us. ok, hopefully that helps everyone understand how "Kurdistan" works and how the HCL is tied to this in so many ways.   [post 3 of 3]

3-13-2013  Newshound Guru Adam Montana    Now since "Kurdistan" is actually a region that expands into multiple countries, and the "line on the map" is not exactly defined... obviously the Kurds want to push the line out and the other countries want to push the line in.  Herein lies half of the issues that make up our famous "HCL"... depending on where that line is drawn, the Kurds should be entitled to more or less oil revenues.  Now that we understand that Iraqi Kurdistan is it's own region, but still part of Iraq, we can address the real issue... who is in charge of the rate of the Iraqi Dinar? IF it was up to the Kurds, or if they even had an equal say in the matter, then we would be in trouble. This is not the case.   [post 2 of 3....stay tuned]

3-13-2013  Newshound Guru Adam Montana   This week I would like to *attempt* to explain some things about Kurdistan... the "devil is in the details", as they say, and the more you know about a subject the easier it is to understand the news surrounding it.  When we as Iraqi Dinar speculators talk about "Kurdistan" or the HCL, we are actually referring to "Iraqi Kurdistan".  Kurdistan itself, however, is actually more of a "region" than a defined country. Kurdistan extends into Turkey and Iran, and is defined more by culture than by actual "lines on a map".  This is where it gets tricky....The Kurdistan area in Iraq has constitutional authority to have their own government, and to make their own laws.  BUT the authority stops when it comes to International matters... that authority, even over the Kurdish region in Iraq, is left to Baghdad.  [post 1 of 3....stay tuned]

3-13-2013  Newshound Guru Shredd  Article:  "The Law of the Ministry of Industry conducted it set adjustments during past periods, but still needs further amendments conform with the policy of a free market economy."  When we see this phrasing..."free market economy"...we should really get excited because of what this will represent.   In short, a free market economy is a local economy where supply and demand call the shots. The greater reality is the intervention by the government is rare. Here's a big one...In a free market economy, exchange rates are not pegged (or managed) by the government but rather fluctuate based on the demand of the currency and especially in Iraq's case, the supply of the currency.  So in summary, the House is amending this law in light of the shift, or already initiated and in the process of, moving from a planned economy to a market economy.  What a golden nugget of progress in this!!

3-13-2013  Newshound Guru Mailman17   [I'm not following.]  OK, HANG ON.  THEY HAVE A 119 BILLION DINAR BUDGET, KEY WORD BEING DINAR, GOT IT.   OK, AT A 1-1 RV THEY MUST PROVIDE 119 BILLION DOLLARS WORTH OF PRODUCT, GOT IT?   OK, NOW IF THE DINAR IS VALUED HIGHER THAN THE DOLLAR THAT 119 BECOMES SMALLER.   DOLLAR WISE SAME PRODUCT, JUST WORTH MORE AGAINST THE DOLLAR.   MORE BANG FOR THEIR BUCK...IN THIS CASE DINAR.   NOT SAYING ITS GONNA BE 2 BUCKS OR EVEN 1.25 BUT THAT 1.17 LOOKS LIKE IT MIGHT REAR ITS HEAD IN THIS THEN.  I DO NOT THINK 86 CENTS IS ON THE BOARD ANYMORE' NOT WITH 119 BILLION.  THE THREAT OF THEM LOOSING A TRILLION IN PROTECTION MAY 22ND IS OUR ACE.  [post 4 of 4]

3-13-2013  Newshound Guru Mailman17    LEAVING IT AT 86 CENTS DOLLAR VALUE IS TRULY STRETCHING THEIR NECKS BUT GIVING IT A VALUE ABOVE THE DOLLAR IS VERY PLAUSIBLE.  ALL WE KNOW IS THEIR BUDGET IS 119 BILLION DINAR THAT VALUE COMPARED TO THE DOLLAR IS WHAT WE WAIT TO COME OUT.  THE IMF EVEN STRESSED THAT MIGHT BE A LITTLE TO HIGH FOR THEM.  SO MY GUESS IS THAT A HIGHER RATE JUST MAY HAVE BEEN NEGOTIATED,  JUST MY THOUGHTS.  [post 3 of 4....stay tuned]

3-13-2013  Newshound Guru Mailman17    BUT, IF THEY WERE TO COME OUT OVER A BUCK, THAT 119....WHICH IS BASED ON A DOLLAR VALUE PER SE IS A LITTLE SMALLER. I WILL EXPLAIN...AT A 1-119 BILLION DINAR HAS THE VALUE OF 119 BILLION DOLLARS, YES, HENCE IRAQ HAVING TO PUT OUT THAT MUCH IN OIL AND ANYTHING ELSE THEY CAN MUSTER.  LETS JUST SAY...THEY COME OUT AT 1.50 THE 119 BILLION DINAR NOW HAS A VALUE UNDER A 100 BILLION DOLLARS...VALUE WISE YOU GUYS GET WHERE I AM HEADED ON THIS?  IF THE DINAR HAS A VALUE GREATER THAN THE DOLLAR....THEN 119 BILLION IS VERY MUCH ATTAINABLE.  [post 2 of 4....stay tuned]

3-13-2013  Newshound Guru Mailman17    A LOT OF DISCUSSION WAS THAT THE RV WAS IN THE BUDGET NO BUT THE BUDGET SHOULD REFLECT THE NEW RATE...HENCE IN A WAY...IT IS TIED IN.  THE OTHER THING I WAS THINKING ABOUT IS THIS, THEY CAME OUT WITH THE HIGHEST BUDGET IN HISTORY.  BASING THAT ON A 1-1 MIGHT BE A LITTLE INTIMIDATING EVEN TO THE IMF AND WORLD BANK AND BASED ON THEIR OIL OUTPUT...VERY SCARY.  [post 1 of 4....stay tuned]

3-13-2013  Newshound/Intel Guru Bluedog   President Talabani's health file is closed indefinitely.  Why can't we see it, did you lie to us and by the way he is in Iraq getting ready to sign the Budget.  Ignore the articles about Talabani not returning to Iraq in March.  Lies and smoke.  Talabani is back and working and there in a hurry now.  IMO there is no delay.   Banking Laws...all Laws are done ready for Talabani to sign all at the same time.  Infrustucture Law is ready for him to sign at the same time as the Budget.  Talabani will sign many laws all at once...it will be Historic for a Historic Budget.  [Is it in the hands of iraq or not?]  Its in the IMFs and World Banks hands and the world bank is there implementing the Mechanism as in Lower Denoms and other things for this to roll out.   I was looking to Thursday myself...Thursday could work out just fine.  3-12-2013  Intel Guru TerryK   JUST GOT WORD THAT WF [WELLS FARGO]  IS MEETING IN THE MORNING ON INTERNATIONAL CURRENCY AND THE CHANGES COMING.  THAT'S THE WAY IT WAS JUST PUT.  TREAT THAT AS RUMOR. I THOUGHT AS MANY LAST NIGHT WAS OUR NIGHT, HEARING THAT IT MAYBE TONIGHT OR BETTER YET THURSDAY THIS WEEK.  THE DINAR MAYBE OVER 7.00.  WE ARE TRYING TO CONFIRM. TREAT THAT AS RUMOR.

3-12-2013  Intel Guru Frank26   There is a conference for the Advancement of Iraqi Banks on March 22nd.  Why would you want to advance Iraq banks at 1166, that's an insult to the world banks.  The World Bank said it is implementing an extensive plan in collaboration with the Iraqi bank sectors....done, done.  The World Bank is saying it is ready to take the next serious steps which requires a 1 - 1, 2, 3 or 4 dollar rate.  Those are serious steps.    [post 3 of 3]

3-12-2013  Intel Guru Frank26   Iraq, you can take your time to show us the new rate.  Why, because you made the statement that everything will be retroactive back to January 1, 2013.  You have a new value, don't you?  If you have the same value, you don't have to retroactive back to January 1...Light Bulb.  So when you are ready, release that new rate, because we know it's a new rate.  Let's see what happens between March 15 - March 22.  On the 21st Talabani will be all over the place.  He is in Iraq & in position & waiting.  [post 2 of 3....stay tuned]

3-12-2013  Intel Guru Frank26   Talabani is in Iraq.  They denied that he would return in March.  Why?  Because he returned in February, I believe it was the last day of February. The 22nd is when Talabani will sign the 2013 Budget which was released on the 7th.  There seems to be a lot centered around this.  [post 1 of 3....stay tuned]

3-12-2013  Newshound/Intel Guru Bluedog    Article:  "Planning launches projects 2013 immediately after the publication of the budget in the Official Gazette"  so the Budget takes effect on the 22nd and you should see the Lower Denoms coming out...they need to IMO because only 10 days left till project of mass contruction go into effect and Investors have to use Dinar which there are not many of ...the Banks are low on Liquidity ...so by bringing out the Lower Denoms that problem will be solved...also they must pay the contractors in Dinar IMO from that point on looking forward ...IMO we are at a anytime...any moment stage now.

3-12-2013  Newshound Guru Mailman17     SMART CARDS BEING LOADED...YES?   AND WHY...ALTHOUGH THE KURDS DID BOYCOTT THAT VOTE....ARE THEY NOT TRULY MAKING THAT MUCH OF A FUSS REGARDING PAYMENT TO OIL COMPANIES?  OHHHHHHH....THERE IS SO MUCH MORE TO THIS THAN WE COULD ONLY IMAGINE,    IMVHO.  THIS THINGS READY TO EXPLODE AND IT WILL MAKE AN INDENTATION LIKE NEVER BEFORE.  I FOR ONE AM VERY EXCITED.  LET THEM PLAY THEIR LITTLE BULL**** GAMES, BUT COME ** OR HIGH WATER OUR PAYDAY IS CLOSE, REAL FRIGGIN CLOSE.  TICK TOCK   [post 3 of 3]

3-12-2013  Newshound Guru Mailman17     OK, NOW WE HAVE A CAN OF WORMS TO OPEN.   SO, THE BUDGETS APPROVED...CHECK.  THEY HAVE LISTED THEIR BUDGET IN THE DINAR NOT THE DOLLAR...CHECK.  BUT AT HE CURRENT RATE OF 1166...THATS IMPOSSIBLE...CHECK.  SO THEY, LIKE US, ARE WAITING TO IMPLEMENT THAT BUDGET IN THE FUTURE RATE, YES?  SO I AM APT TO CONCLUDE THAT THEY LIKE US ARE WAITING FOR THE STABILITY AND WE ALSO KNOW THEY ARE NOT GONNA WAIT MUCH LONGER TO IMPLEMENT THAT BUDGET  IN DINAR AT CLOSE TO A 1-1.  AM I CLOSE TO BEING ON TRACK WITH THIS?  [post 2 of 3....stay tuned]

3-12-2013  Newshound Guru Mailman17    EVERY BUDGET BEFORE THIS ONE WAS IN TRILLIONS...YES?  THEY STATED IT VERY EXPLICITLY...YES?   YET, THEY STATE VERY EXPLICITLY THIS BUDGET...THE ACTUAL BUDGET IN IRAQ...TO BE IN BILLIONS...OF DINAR...NOT CONVERTED TO THE DOLLAR?  YES?  YES, 118.6 BILLION DINAR...   IF THEY ARE  STATING THE BUDGETS VALUE IN DINAR AND THAT VALUE IS IN THE BILLIONS...THEN ALTHOUGH THE BUDGET HAS BEEN APPROVED...THEY LIKE US ARE WAITING ON THE RATE CHANGE WHICH MIGHT EXPLAIN WHY THE BUDGET IS DELAYED FOR RELEASE AND THE WAITING MIGHT COINCIDE WITH THE THINGS WE MUST SEE AS WELL...AS IN THE HCL, 140 ETC.  [post 1 of 3....stay tuned]

3-12-2013 Newshound Guru LoriC   It's no RV but it's nice to see the CoM approving what they promised to over a year ago. Maybe there is more progress to follow as we see the budget implementation commence. I'm sure we're all fed up with Iraq's procrastination and childish bickering and that goes for the international community and major oil corporations who are still waiting to get paid and sign new contracts. I think Iraq is starting to get the message. They will comply or be replaced. Just my opinion.

3-12-2013  Intel Guru TerryK    THIS IS A GO AT ANY MOMENT...IS WHAT I HAVE BEEN ADVISED...TAKE IT AS RUMOR.  KEEP IN MIND ONE OF THE SWEET THINGS I HAVE GOING IS I HAVE A SOURCE IN CBI AND THEY WILL CALL ME.

3-12-2013  Intel/Newshound Guru Poppy3   Seems Iraq leadership are being quiet about what they are doing behind the scene's. The articles from Najafi, Barzani, SDAR and the demonstrators are all together about the removal of Maliki. It also apeers and I was told that Parliment will continue to make moves forward and will force Maliki's hand on actions and they are not going to to stop progress because of his actions. TIME WILL TELL but I like their new attitude.  POPPY3

3-12-2013  Intel Guru Blaino    We are seeing some additional indications late this afternoon from the bank where we get a lot of foreign currency information. There remains a distinct possibility that something...May break loose...Sooner rather than later, MEBBY.

3-12-2013  Newshound/Intel Guru Bluedog   Article quote:   "The Ministry of Planning mentioned that it has the possibility to identify the budget surplus after reimbursing the deficit in budget from the Oil revenues within three months," he continued saying.  "The government is responsible of determining the mechanism of distributing the surplus in budget by adding it to the ration card or paying it through banks"  so...they say basically after opening the Budget they will survey what things are to be paid then they will pay the surplus out in June...so open Budget now then pay Surplus...opening the Budget is the rate.  Iraqs Budget will go into affect on the 22nd.   [what your feeling on tonight [Monday] ]  if  TK [TerryK] said it, I will be expecting it...ya like tomorrow...take as rumor. 3-11-2013  Intel Guru TerryK   [ I am hearing that we should be in the banks tomorrow. I am waiting for a final update and xxx is going to call me later. I will let you know as soon as I know. Everyone has been told tonight and to be ready so everyone in our group is ready.  TYSVM !! This is exciting tonight. Just 15 currencies is what I was told will be first but of course the IQD will be first. No question.]  THAT WAS JUST SENT TO ME

3-11-2013  Newshound Guru Tlar    If Iraq can finally get their act together, and I believe they can, I'm holding to July 1st change in the currency because it will be the first available slot that begins a new quarterly accounting period that fits with where Iraq is at present.  I'm holding to that date as a possibility.  Please don't hold me to that date.  If it takes longer to resolve the outstanding issues then it might still be October 1st or January 1st.  But I honestly think sooner than later.  Iraq is very close on all fronts including Chapter VII.  It is mind boggling to me how just one major piece of legislation can open so many doors.   [post 3 of 3]

3-11-2013  Newshound Guru Tlar    All of these I consider as positive signs that it is possible we will  finally see that elusive RV this year.  We know that May 22 is an important date.  We have seen Maliki make some conciliatory moves to all the blocks.  We know the bank is on the verge getting hooked up with the world.  Lastly we see Maliki wanting to quickly get investment in the country as he is finally pushing for a stronger dinar and the removal of obstacles that have stood in the way of investors.   [post 2 of 3....stay tuned]

3-11-2013  Newshound Guru Tlar   the budget just got done.  Its done and a majority of the MP's voted on it. The budget sets up the HCL as another major piece of legislation that is now readily in sight.  The amount of revenue to be shared by Kurdistan and the provinces is structured within the budget and Kurdistan is now assured to receive its 17%. Article 140 still has some sticking points but as a result of the budget,  it to has been minimized too and is now achievable.   This budget was a milestone.  Although it does answer to every parties needs, it does solve what were many of the outstanding issues between the blocks.  [post 1 of 3....stay tuned]

3-11-2013  Newshound Guru Shredd   The possibility for the dinar to be traded exists but for it to be recognized by institutional investors is bigger than that. Today, the activity in this space on any dinar-denominated debt is silent. Why? Well, imo, for one, Iraq is not a member of the WTO. Also, the dinar being managed is a huge part of it. For these reasons, investors are largely (but not entirely) staying away from these trades.  [That being said...what do we look for?]  imo, an exchange regime that is fair...a market driven rate and wto membership.

3-11-2013  Newshound Guru Doc    The good news things are progressing.  Yes we know at a snails pace.  However, we continue to see pressure from the international community, from within the GOI and from the citizens themselves to speed things up.  Maliki  appears to be feeling the pressure but he has shown signs before only to weasel his way out.  Do we think this will work its way out - absolutely.  We simple see it taking time to neutralize Mailiki and for the final pieces to be put into place.  We report, you decide   [post 2 of 2]

3-11-2013  Newshound Guru Doc    The fundamentals have not been completely put in place to support the RV long term.  We continue to believe the HCl is one of the key remaining items.  We know its not completed because the Kurds are still making noise about breaking off from Iraq.  If the HCl was done to their satisfaction they would not be still threatening.  In fact they are making noise about having the budget redone also.  This is why as we've been reporting that the RV is not and was not in the budget.  [post 1 of 2....stay tuned]

3-11-2013  Intel Guru BOBGETZ6    I am beginning to think the budget is not key. I think they can rv without it. The budget is just a number which can be altered...numbers and conversion can be changed @ any time. How easy would it be to change a rate on a spreadsheet.

3-11-2013  Intel Guru TerryK    jack lew is running the show trying to get us the rv signed off...let me say this...how many want to go to the bank tomorrow.   things are in motion right now.  we may see the announcement tonight or in the morning.  this is from my number 2 source, number 1 source is not talking right now,  china source backs this one up.

3-11-2013  Intel/Newshound Guru Poppy3    THIS IS FROM A SOURCE I KNOW BUT I DON'T KNOW HIS SOURCE BUT I KNOW HE IS IN DC AND HAS IN THE PASSED HAD SOME VERY GOOD INFORMATION. HE LIKE ME IS TAKING THE NEWS WITH A GRAIN OF SALT AND HOPING LIKE US IT IS ALL TRUE. STATED THERE IS ANOTHER MEETING AT NAJAFI'S HOME TOMORROW TO PREPARE FOR TUESDAY PARLIAMENT MEETING...TIME WILL TELL.   STRANGE THEY ALSO TODAY STARTED TALKING ABOUT NEW LEADERSHIP OF THE CBI ANOTHER THING I SAID HAD TO BE DONE BEFORE THE IMF WILL ALLOW THE RV??? TIME WILL TELL AND TIME IS ON OUR SIDE.  [post 2 of 2] 

3-11-2013  Intel/Newshound Guru Poppy3   I JUST GOT A CALL SAYING MALIKI HAS BEEN DEALT WITH DURING THIS MEETING THAT HAS TAKEN PLACE TODAY AT NAJAFI'S HOME AND THAT HE HAS BEEN ISSUED A ULTIMATUM IN WRITING TO SIGN ALL DOCUMENTS HE HAS BEEN SERVED ON ALL HIS PREVIOUS AGREEMENTS, ERBIL. 140, HCL, BORDERS AND TO COMPLETE HIS APPOINTMENTS, LIFT THE OUTSTANDING WARRANTS ON OFFICIALS AND PERFORM ALL DUTIES BY TUESDAY OR HE WILL BE REMOVE FROM OFFICE PERIOD. [post 1 of 2....stay tuned]

3-11-2013  Intel Guru TerryK    I'm hearing great things for today.   i did get word that there is enough $ in the coffers to cover the rv which what I'm hearing is to happen maybe today.   the rates i was quoted yesterday afternoon were upper 5. Dinar and .39 on the dong.

3-11-2013  Newshound Guru Mountainman   Article:  "Financial expert: Iraqi dinar needs economic stability to make it a desirable currency internationally."   This article reiterates what we've been saying for years. Stability, stability, stability. That doesn't mean they all go to their happy place, it means economic/political stability in the eyes of the global community that will give Iraq the international support to make the IQD desirable, dedollarize and eventually use as their primary currency once they add value per IMF/CBI instruction and approval (when they feel the time is right). 

3-11-2013  Newshound Guru Mailman17    I HAVE BEEN TRACKING THIS DAILY AND READING MEDS CHATS AS WELL ALSO EVERY ARTICLE,  EVERY ONE AND THE BACK OF MY MIND STILL TELLS ME THE LIFTED PROTECTION OF NOT ONLY THE DFI BUT THE FROZEN ASSETS IS THE CATALYST .   THAT DATE IS THE BACK DATE, MAY 22.    SO, IMO, WE ARE GOOD FROM NOW TIL THEN, IMO.  WHAT I SAW WITH MY OWN EYES IS NO LONGER INTEL,  IT IS NOW FACT.   [post 4 of 4]

3-11-2013  Newshound Guru Mailman17    I ASKED HER POINT BLANK...I KNOW WHAT THIS MEANS BUT YOU TELL ME.  SHE SAID...QUOTE:  THE DINAR WILL BE ACCEPTED BY THEIR BANK AS SOON AS THEIR CORPORATE GIVES THE RATE AND THAT RATE IS GIVEN BY THE TREASURY.  WE ARE IN HOLDING PATTERN AND THE THING THAT BOTHERS ME IS THERE IS NO WAY THE TREASURY WOULD ALLOW CORPORATE TO POST THIS IF WE WERE NOT CLOSE, REAL CLOSE TO HAVING A RATE.  [post 3 of 4....stay tuned]

3-11-2013  Newshound Guru Mailman17    IT IS THERE ON THEIR SCREEN....RECOGNIZED BY THEIR CORPORATE OFFICE....BUT NOT GIVEN A RATE.  IT HAS NEVER BEEN ON THEIR SCREEN....EVER, NEVER.  THEY SHOWED ME THE SCREEN...BUT I AM A LITTLE PERPLEXED AS TO WHY THEY SHOWED THE LOWEST DENOM BEING THE 250 AND NOT THE 50 AND THE NEW BOOK IS ALSO IN THEIR POSSESSION.  THE OLD BOOK SHOWED THE IRAQ DINAR AS EXOTIC...RED LINED AND NOT ACCEPTABLE.  NOT IN THIS ONE.  [post 2 of 4....stay tuned]

3-11-2013  Newshound Guru Mailman17    I DID RECEIVE SOME VERY UPLIFTING INFO FROM THE BANK ON MY ROUTE.  ...I HAVE HAD THE BANK LOOK OUT FOR ME FOR THE LAST 2 YEARS ON THE IQD SHOWING ON THEIR SCREENS,   NOTHING, ZILCH,  NADA,  FOR 2 YEARS.  THATS WHY I TOOK ALL THE BANK SCREEN INTEL AS JIBBERISH UNTIL NOW.   THEY ACTUALLY CALLED...TO TELL ME TO GET THERE ASAP LAST SAT [SATURDAY].  [post 1 of 4....stay tuned]

3-11-2013  Newshound Guru SWFloridaGuy   The G-7 developed economies realize that you can't simply print money into existence and fight deflation while stimulating growth. As we all know by now these currency wars have gone global. The leaders of the world are facing a major problem. They can no longer print fiat currency when they have no real value. A change is coming and 3rd world countries with no debt and a monumental amount of natural resources will help to revitalize the global economy investment/aid/contracts/corporations and arms deals will pour in. This will not happen over night but it will happen. There is no other alternative.  [post 2 of 2]

3-11-2013  Newshound Guru SWFloridaGuy    My inability to suppress my frustrations sometimes overshadows my gratitude for this once in a lifetime opportunity. I have no doubt this is the opportunity of the century. I've recently changed my focus from solely studying articles, macroeconomics, geo-politics, UN/WTO regulations and procedural steps because after much research I've come to realize I will never fully grasp how this will influence a country as corrupt as Iraq and the global financial system in General, which we hope will somehow filter down to benefit us in the near future.  [post 1 of 2....stay tuned]

3-11-2013  Newshound Guru Shredd   So many of you are anxious to cash in and perhaps frustrated, but you need to understand that so much has been and continues to be accomplishes. The stage is being set and money, and the power it brings, is KING. Our day is coming and each and every day we are seeing proof of progress. Hold on and hang in there and train yourself to look for the progress and not just the rate because it will give you tremendous peace of mind and the hope we all crave!  [post 2 of 2]

3-11-2013  Newshound Guru Shredd    if you look at the big picture of the final preparations as well as the beginning signs of a flood of investment coming to Iraq, you just can’t help but to be excited!  WTO ascension and an internationally recognized dinar is part of this equation and I believe we are very close to seeing this unfold. How will the dinar grow in value? That remains to be seen but any way you look at it, we win!  [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/index.html#ixzz2Nce6pDu5

3-10-2013  Intel Guru Blaino   SO...SUMMARY...foreign currency bank back screens still dark...waiting on rates...several financial folks looking for it tonight, not based on solid intel Blaino can believe, just a "faint crumb trail" ...and fair to good possibility of rv this week.

3-10-2013  Newshound Guru Kaperoni   [I still believe we have to some how find out how the exchange regime gets implemented. I believe this is the KEY that unlocks this currency putting it into play world wide.  Who really takes care of this decision?]  I think I can answer your question about the exchange regime. I did a piece on this a while back in which a Market Maker/ECN is used to facilitate the process. Actually the one who launches the currency on whatever platform they decided such as inter-banking, or Forex. From what I know, that is still in play from last Sept, just delayed. I believe the decision makers are the GOI/CoM and MoF/CBI.

3-10-2013  Newshound Guru SWFloridaGuy   When you...follow the verifiable progress Iraq is making you can't help but be encouraged and it makes this journey far more tolerable (even exciting). To name a few:  · Economic sanctions being lifted  · Plans to alleviate debt have been instituted  · Iraq is the fastest growing economy in the world  · Funds being unfrozen  · Iraq is emerging as an economic leader not only in MENA but globally  · The IEA recently reported that Iraq will lead OPEC oil production growth over the next two decades  · Budget passed - general progress that will lead to further implementation of necessary projects  · They are the premier emerging market, not only in the Middle East but the world.

3-10-2013  Newshound/Intel Guru Randy Koonce   Maliki  has a maximum of 30 days to do something. We are in a very good window from now until mid April, but we can see it any day now.   If not, you will see a lot of articles about removing Maliki.  Everything is starting to line up for Maliki  to push it or be removed.  If you see articles about him stealing money, we could go to mid-April.  If not, we will see it very soon.  The RV is not tied to a major global reset but it will obviously help countries that  hold a lot of dinar.  I am sticking with the $3.41 rate. Relax...breathe.

3-10-2013  Newshound Guru Kaperoni   Article:  "BAGHDAD / obelisk: sales rose CBI of the dollar in the auction...a stable exchange rate at 1166 dinars per dollar."  The auctions serve a purpose, but they have nothing to do with the exchange rate.  The rate is fixed!

3-10-2013  Intel Guru Frank26   [Walkingstick wrote on March 10th, 2013, 11:22 am:   ATTN: FRANK...Sunday, March 10, 2013 15:28  BSA signed a memorandum of understanding with the Arab Academy for Science banking in OmanBAGHDAD / Baghdadiya News / signed BSA, Sunday, with the Arab Academy for Banking and Financial Sciences in Jordan a memorandum of understanding in the field of capacity building and training.]   This is another individual step to bring Iraq into the international world of commerce. It says the IQD has a new and wanted VALUE within the WB...CBI/GOI...2013 Budget...UNSC to go Ch6 and IMF's article 8. It says many unknown mandates and issues are conquered. To subdue these issues removes political crisis. This Academy is prestigious ...Equalling a wanted condition of status. IMO, INTERNATIONAL STATUS.

3-10-2013  Newshound Guru Med      MANY KNOW THAT IS ONE ISSUE WE HAD...WHY IS SHABIBI SAYING SO MUCH?  IT JUST DOESNT MAKE SENSE AND IT MADE LESS SENSE THAT THEY HAD THIS VISCIOUS SMEAR CAMPAIGN AGAINST ALL THE CBI POLICIES THEN WHEN THEY CAME IN THEY DIDNT CHANGE THEM.  I DONT THINK IT IS A CONSPIRACY  I THINK IT IS A SMART MOVE.  SHABIBI COST THEM POTENTIALLY BILLIONS   BECAUSE OF THE VOLUNTARY INFORMATION HE GAVE OUT ON THE CHANGE IN THE DINAR COMING.  EVEN US WHO ARE NOT ECONOMISTS REALIZE THE PROBLEM WITH THAT.  [post 2 of 2]

3-10-2013  Newshound Guru Med   THIS HAS TO DO WITH WHAT MANY ARE READING OUT OF THE CENTRAL BANK AND THE GOI ON THE IMPORTANCE OF THE REMOVAL OF THE ZERO'S.  DO NOT BELIEVE WHAT YOU ARE READING.  FROM WHAT I UNDERSTAND...THE IMF IS WORKING  WITH  OTHER  COUNTRIES ALONG WITH  IRAQ OBVIOUSLY TO MAKE A CHANGE IN THE DINAR.  I HAVE SPECIFICS  BUT THE PERSON WHO RECEIVED THEM GOT IT FROM A SOURCE WHO COULD LOSE THEIR POSITION.  I AM ALWAYS SKEPTICAL BUT WHEN YOU THINK ABOUT IT,  WHY WOULD THEY TELEGRAPH AN RV WHEN IT GOES AGAINST EVERYTHING THAT THE IMF RECOMMENDS OR DEMANDS ON SECRECY.  [post 1 of 2....stay tuned]

3-10-2013  Newshound Guru SWFloridaGuy  When the IQD goes live (international) the IMF will send a 'go live' signal to the Central Banks (upon approval of BIS board), then it will hit the master board at their main corporate offices and proceed to the banking system (country to country) depending on the IMF release terms.  There will BE ONLY ONE RATE, NO TIERS!!!!!!!; at which point, depending upon regulations, each bank will institute the buy/sell spreads.  We have plenty to be grateful for, despite the countless setback we've endured.  But even the most skeptical can see that Iraq's come along way and the possibilities are endless.  We will prosper from this, keep the faith.     [post 4 of 4]

3-10-2013  Newshound Guru SWFloridaGuy  I'm not here to attempt to convince you that overnight Iraq will RV. On the contrary, after studying large currency appreciations and the repercussions that would have not only short term but long term (although anything is possible), I now take a more balanced approach that a large currency appreciation shock is on the horizon for the IQD but tend to believe this will be a more gradual process and only after certain changes have taken place that will ensure long term stability (economic not political).  We are currently witnessing these changes and I postulate that before the elections this postulate will proliferate barring any unforseen political instabilty.   [post 3 of 4....stay tuned]

3-10-2013  Newshound Guru SWFloridaGuy  Iraq currently has $60 billion in foreign currency reserves. In the 70s, when their former currency boasted a much larger value, Iraq's foreign reserves were only 35 billion. As CBI reserves grow, so does their credibility.  They passed their largest budget in history and are making Chapter VII removal, WTO accession, appeasing the Kuwait, receiving support from the United Nations/negotiating with the Kurds and HOPEFULLY resolving the elusive HCL/140 in a way that satisfies all parties involved.    [post 2 of 4....stay tuned]

3-10-2013  Newshound Guru SWFloridaGuy   Let's examine some applicable information that also happens to be very encouraging regarding Iraq's natural wealth and financial/political outlook:  They have already mined thousands of tons of gold, which was set aside for the purification and extraction process. This discovery, among others, could turn Iraq into a producer of gold more than oil. It has also will increase the prices of real estate due to the influx of gold job seekers.  [post 1 of 4....stay tuned]

3-10-2013  Newshound/Intel Guru Bluedog    As far as the RV, I expected if they did not RV just b4 the Budget that News and Intel would go quiet...so any Intel Providers will find it hard to find out anything as the News has gone like our Black out this week...   Last I heard is that people leaving Baghdad were not alowed to take any Dinar out side the country and that the Borders were under heavy surveillance and keep in mind the News will be the same way.  Up till now they had to train the Iraqis of what was coming on TV and in the news with the Dinar.   IMO,  they are done...the GOI has told you they are giving the Green Lite to the Currency to have value.  Now all we can do is wait this quiet out...and quiet is GOOD, IMO. 3-9-2013  Intel Guru SteveI    Now that this budget was closed, they (Iraq) could not start disbursing monies until the new budget was completely approved by the government. I have never, ever seen this much focus on such a thing. Another event I have never seen was the in 2012 they found a surplus and added it to the 2013. This was never done before.  There is so much focus on the budget now that something special is going on and they are treating it very different. I guess you can all make your own assumptions as to why. Another statement that keeps popping up in the news, many leaders are stating they want and need a strong currency. I will tell you that .00086 to the USD is not all that strong. I guess it would be fair to say, until the official rate is posted in the CBI website we wait and see who has provided the most accurate information and I will leave it at that.  [post 2 of 2]

3-9-2013  Intel Guru SteveI   There has been many Iraqi budgets in the past in which we actually thought the rate would be in it. Many have spent hundreds of hours with detailed diagrams and we all were not correct. This has gone on for many years now. So what makes this different you ask? All of the budges in the past pretty much ran from one to the other and there was no real urgency to complete them.  This is the first time that I am aware of, and please correct me if I am wrong, but they actually officially closed the budget and all accounts within for the 2012. I have never seen it reported in the news for any previous years budgets.  [post 1 of 2....stay tuned]

3-9-2013  Intel Guru Blaino   actually, we are in fact seeing the kind of intel and news that we expected to see "if" we were in the position that we think we are IN...So, from that analyses standpoint...We look "good!" and good is good! There is rate and date stuff in the middle $4's and early in the comin WEEK...So, based on the broad spectrum of divergent locations and the credibility of those delivering the same, i can only conclude that "markers" are getting in short supply. Some we never saw coming, many we did and we were sure some were that weren't and will not. Mebby re-read that one. Ok, so there is pp and other 'program' news, groupie news and bank insiders telling us that they are in the FLOW.... "have a nice weekend and we will be well served next week!"

3-9-2013 Newshound Guru Phoenix3333  Articles:  "Maliki receives Iranian Oil Minister."  "Kordestani: We will appeal to the Federal Court in approving the budget in the coming days"   Remember the Kurds want a separate state...and they have the U.S. backing them.  And imo, as long as Iraq continues doing business as usual with Iran, we will see delays.  

3-9-2013  Intel Guru Frank26   Rejoice...For as we shared  M [Maliki] has metamorphosized himself into that nice guy again. He is helping, not infecting.  The IMF meetings with CBI on 4/5/6 was a passing grade on the budget and a rate.  Look around ...Reguardless of what Bernake and some have said ...Gold and Silver will become more than just...Metals.  USD stays on target as it takes the day off.  Homes and Money being GIVEN to CITIZENS ( You will read about it soon) ...Oh so much more than HCL. But of course...The Budget...It's full of Stars.  Indeed ...15th...21st...22nd...Is to pay attention to.

3-9-2013  Newshound Guru Tlar  The second most important tool is a free press.  Although Maliki has been able to ignor accusations of corruption, at least it is being reported.  Maliki has been unable to stop the presses or the demonstrations up to this point.  In other words Maliki has been unable to completely consolidate power.  This is a failing in his attempt to become a dictator because these two tools are extremely important to accomplish this.  This is the chink in Maliki's armor.  The Kurds are smart guys.  They will bitch and moan and they will always try to push their agenda through.  But remember this, Barzini has said multiple times that he would never pull away from Iraq, while occasionally trying to use  this as a vailed threat to further his agenda.  There are many more problems for Barzini if he were to try to pull away from the new Iraq, then if he stayed.   [post 2 of 2]

3-9-2013  Newshound Guru Tlar   Article:  "Maliki: National Alliance will continue to adopt laws by majority political"  although nobody can accurately predict the future, I don't believe the Kurds will go against or pull away from Iraq.  The 3 sects unfortunately are tied together and as they jockey for position one thing has become clear.  The people have a voice in their government.  The one thing about democracy that stands out is that the people of Iraq have effectively learned to demonstrate and protest.  This is a primary tool of  democracy. It  mostly does not exist in totalitarian systems because the governments can't tolerate this tool.  Either the people protesting are slaughtered or there is a complete rebellion as in Syria.  The shear fact that tool is being used, gives me great hope that their is a future for Iraq's fledgling democracy.  [post 1 of 2....stay tuned]

3-9-2013  Newshound Guru Kaperoni   Article:  "Member, Committee on the economy warns Iraq's accession to the World Trade Organization in the absence of local product"  They make a valid point wanting Iraq to wait until they are "exporters"  But under the current situation, IMO, I think allowing Iraq full accession will help them in the transition.

3-9-2013  Intel Guru TerryK   SLOW DAY, OTHER THAN THE BUDGET IS PASSED.  ALOT OF US ARE LOOKING AT THIS...WEEKEND.  THINK ABOUT IT...PASSED BUDGET...HOW CAN THEY DO WHAT THEY WANT TO DO WITH NO VALUED CURRENCY.  IN THE PAST I WILL TELL YOU THIS AND IM NOT SPOSE TO TELL U BUT THEY USED GOLD THE LAST TWO YEARS TO LIVE ON, CHINA BUYING MOST OF IT.   IT'S TIME, THEY ARE READY.  STAY GROUNDED. 3-8-2013  Newshound Guru LoriC   This is my favorite article of the day.  In my opinion time is up!! The focus has clearly shifted in making the economic development the top priority. "There are no objective reasons to fear of falling value of Iraqi dinar at the current stage because of foreign cash reserves. The power of the Iraqi dinar and monetary value depends on the strength of the country's economy and the extent of recovery sectors generating income and not on auction CBI. Directed oil revenues towards the development of other economic sectors to contribute to strengthening the economy and **RAISE THE VALUE OF THE CURRENCY.**"   Now obviously this is not a simple matter but we do see what they are working so hard towards and what the final outcome they aspire to accomplish.

3-8-2013  Newshound Guru Guardian   i was going to post something about the IMF and Iraq...here it goes:  "The Iraq IMF Standby Arrangement, Second Review ended February 23, 2013, but the extension, which had been requested by the Iraqi authorities, provided them with time to implement the policy measures needed to complete the combined third and fourth reviews under the SBA. The extension did, in particular, provide time for discussions on fiscal policies for the remainder of 2012 and on measures to improve the functioning of the exchange regime."    so they are on the combined 3rd and 4th Reviews  if i'm reading it right, are currently in the 3rd and 4th... it was only a transition on February 23, 2013, not an end  but the END of the Second Review...many thought it was a final ending.

3-8-2013  Intel Guru Bear5642   I do not feel we will see the RV just because they have passed the budget. There is still some unfinished business to take care [of].  I wanted to note 2 people that I feel are spot on; the Wife in the Know and Eagle1...  I firmly believe this event will take place and we have seen some progress with Iraq.   We need to just relax and know that a lot is hinged on the RV of the IQD and it will be a once in a lifetime event. I know with all of my heart the IQD will revalue.

3-8-2013  Newshound Guru Bondlady   look for the major basket of laws we seek to move along quickly now since they have pretty much slashed the "give me what i want or we won't pass the laws quotah system" they used for last 2 years to stop progress.   iraq is so slow to get these things but we really have been on total target on it all which i'm very glad about to see what we've said for years finally happen, well I am a happy camper.  when parliament comes back...to work on the 19th...they will begin passing the rest of the laws they need to make the budget work...hcl was already agreed and amended. hcl was sent to the house for a vote but they wouldn't do it until the budget was passed and now its passed.

3-8-2013  Intel Guru Frank26    [Frank, are there anything in your studies or cooking that would indicate the RV/RI going past mid year 2013? I am curious because on this journey it seems that over the years there were so many things in hindsight that had to happen.]   Let me put it this way...In the last 10 years I have been with the IQD...This is the first year I have seen mandates to lift the value become a reality with the GOI. CBI has been waiting for this progress...Like You and I for such a long time.

3-8-2013  Intel Guru TerryK   WE ARE SITTING GOOD.  I'M WAITING TO SEE WHAT TONIGHT BRINGS.  KEEP IN MIND SOME PERSON DID SPEAK TUESDAY NIGHT AND SO THIS SO CALLED 72 HOURS AFTERWARDS ENDS TONIGHT AROUND 7PM EST  SO LET'S SEE WHAT HAPPENS.  [You mentioned the dong rate yesterday but nothing about the dinar. If you can, could you give us an idea where you think it is at?]  6.18, 1.19 IS WHAT I'M HEARING.

3-8-2013  Intel Guru OCrush   In conclusion the budget is passed...done deal. Parliament has completed there task and now it falls to the ministries. They will complete there audit, pass it to the cabinet, they will approve it and get it published. The Kurds will have there audits but make no mistake this budget is done.   We should start seeing the laws that were passed get published. They needed the budget to pass first before they made these laws (infrastructure, trade, banking and so on) official in the Gazette.  [post 2 of 2]

3-8-2013  Intel Guru OCrush    We were busy this morning reviewing the budget and scanning through Kurdish Media (his end).  Now, we see the Kurds are threatening to take and dispute some of the articles in the CG's passed budget. The one thing we noticed, the media is not telling us this will be observed by the Federal court. The passed budget already has provisions put in it for audits...it's all written in the budget law, they just want the Federal Court to supervise and give there approval as a third party. The Kurds want a fair outcome.  [post 1 of 2....stay tuned]

3-7-2013  Intel Guru SteveI   Ray is working on one of his contacts in the upper levels of the CBI for a few hints. Personally, I feel this will be over maybe this weekend or the first of the week. Just a gut feeling. I am not calling it so lets get that straight now. Just a gut feeling as they are hurting so bad.  Another reason, Rays guys said yesterday that no one got their money loaded on there smart cards since March 1st. So, just maybe, we are closer than we think.

3-8-2013  Newshound Guru Breitling   Others are saying that the rate is built into the new budget. That is false.  There is not a rate built into the budget.  They have talked about what rates they are going to hit and what stages they are going to do it.  Do we know exactly how they are going to ladder out the currency we have and at what rate. No, we don't.  We are on the road to be able to profit from this. Nothing but good news coming out of Iraq.  It's all there, it's all public information, you just have to go through all this information and recognize what they did and what they are doing.  Then you have to recognize if they are doing it and that's the exciting part, they are actually doing it.  It's a beautiful thing.

3-8-2013  Newshound Guru Kaperoni    Article quote:  "the power of the Iraqi dinar and monetary value depends on the strength of the country's economy and the extent of recovery sectors generating income and not on the auction CBI, he says.  Pointed Moussawi to".  The value of the Iraqi dinar does not depend on what is sold at auction CBI but value of the dinar lies in the strength of the country's economy all segments of industry, tourism, commercial and agricultural,…”   If you read this quote carefully, they are telling everyone...the value of the dinar will rise over time based on the success and strength of the development of economic sectors (industry, tourism, commercial and agricultural).  Again confirming the dinar will rise in value over time (float) – not overnight.

3-8-2013  Intel/Newshound Guru Poppy3   What is being said is the leadership of Parliament are going to go forward and do what the people of Iraq are protesting over and demanding with or without Maliki.  So, take it for what it's worth.  We don't know what the situation is, but it looks like they have taken some kind of steps to move forward.  It appears that we are there.  It's exciting news, but keep it in perspective.  [post 2 of 2] [BGG--Poppy is excited about the news but he is also very cautious about both the veracity and what it truly means for us]

3-8-2013  Intel/Newshound Guru Poppy3   We got great news today, they did pass the budget.  I finally confirmed it with the associated press.  I appears the Kurds got everything they asked for in the budget and maybe even more.  Since they weren't present when this took place, the question was would they try to stop the radification of it.  BGG & I talked about it and we didn't think so since they got everything that they were asking for and there doesn't seem to be a dispute about that.  [post 1 of 2....stay tuned] 3-7-2013   *** Dinar Guru NEWSFLASH Update ***  Several Newshound AND Intel Gurus are reporting the Iraqi 2013 Budget (or at least part of it) has passed parliament!  Only one article has surfaced so far, so we'll know for sure shortly.  If this is the case, this was a HUGE hurdle, the budget now needs to be ratified...one, two, or three more steps.  Fingers crossed they settled way more than just the budget...Stay tuned and we'll keep you posted as all the excitement unfolds!
3-7-2013  Intel Guru TerryK   BUDGET IS DONE...SIGNED...CL [CHRISTINE LEGARDE] GAVE SPEECH TUESDAY, HINT HINT...72 HOURS AFTER WE MAY SEE SOMETHING, HINT  HINT.   I THINK CBI WILL SHOW FIRST TO BE HONEST.  HCL HAS BEEN DONE A WHILE AS WELL AS ERBIL. IM HEARING VDN IS OVER 1 RIGHT NOW.  I FEEL WE ARE IN A GRAND SPOT RIGHT NOW.

3-7-2013  Intel Guru Frank26    I told you that T [Talabani]  is in Iraq and has been there for over a week.  T now has 15 days to sign the budget. That would take us up to the 22nd but I want you to know that the day before...on the 21st T will make a big deal out of the Kurds New Year. Once again fascinating.   we have taken some positive steps in our investment.  Is that our new time frame? Yes.

3-7-2013 Newshound Guru Mountainman   Well, the budget passed which is great news where general progress is concerned and they allocated a 17% share to the Kurdistan region but and no RV and we shouldn't be surprised at that at all. The RV was never in the budget but this is a key step for them to move forward. Now the work can begin and the CBI and Finance Committee can move forward with any economic reforms they have planned. Hopefully, the RV/float will be the next priority.

3-7-2013  Intel Guru SteveI    [Does Maliki have to sign the budget before it's officially the law?]  Yes, that is what we have been told. He will sign it and then to the CBI for official posting of the new rate.   [Are we likely to hear anything more about the rate until Saturday or Sunday at the earliest?]   Here is my best guess. It is getting late in Iraq, tomorrow and Saturday are holy days, so Sunday they may move things forward and something next week. Could it happen sooner, absolutely, will it, we shall see. 

3-7-2013  Intel Guru TerryK   WE ARE IN A GOOD SPOT, VERY GOOD.   SO NOW WHAT DO U THINK OF THE BUDGET STUFF.  ITS BEEN PASSED FOR A WHILE.  [What do you make of this: Delta--After CL [Christine Legarde] meeting tomorrow in Jorden, says watch what happens.]   JORDAN WILL PLAY A KEY  ROLE, WATCH JORDAN NEWS...  [Does it have to be printed in the Gazette before it is official?]  I HAVE BEEN TOLD THAT.   [What do you say about 10-15days to get into the Gazette?]  I THINK IT WILL BE VERY VERY SOON.  I CANT REALLY GO INTO MANY DETAILS, HOPE U ALL UNDERSTAND.

3-7-2013  Newshound Guru Doc   The pressure on Maliki continues.  The Kurds tried to squeeze him on the budget and were partially successful.  The international community is pressuring by maintaining chapter 7.  In fact the people seem to be pressuring him to the point one article said he will announce his resignation. Our opinion here is we will believe that when we see it.  Overall the bottom line continues to be the fundamentals to sustain a RV long term are not finished.  We do not look for this to happen until Mailiki is neutralized.  This will occur only when the politics stop long enough to realize the financial damage not becoming part of the international community will impart.  We report, you decide.  [post 2 of 2]

3-7-2013  Newshound Guru Doc   Most everyone has seen initial reports of the budget being passed.  While we are awaiting more confirmations our opinion is it is most likely factual.  Based on the report the budget is 138 trillion dinar based on 2.9 million barrels per day at $90 per barrel.  The obvious question is what exchange rate was assume.  The answer is 1166 and not $3.42 or any other speculated RV rate.  The fact is this budget assumes a shortfall in revenue of around 27 trillion dinar which are to be covered by a surplus from last year.  The fact that the RV was not exposed in the budget should come to no surprise.  First the only way this budget would have been based on a new rate would be for the rate to be released ahead of the budget.  Secondly, all is not finished...HCL, chapter 7 etc.  are not completed.  [post 1 of 2....stay tuned]

3-7-2013  Newshound Guru Adam Montana   It's been posted...a few times already, but I was waiting for actual "Suits-on-the-ground" confirmation - i.e. one of my Iraqi connections - to verify it, because translated articles can be misleading sometimes... but I have confirmation that I am comfortable relying on.  The budget HAS been approved.   No party yet, but this is definitely cause for a "mini" celebration... this means that the Kurds have finalized a very important part of their negotiations and this is VERY relevant to the next step in the HCL.  so, fingers crossed things will move quickly!

3-7-2013  Intel Guru SteveI   we confirmed this [OCrush's post below] and to add to this, yes the very next step is the budget going to the Minister of Finance. From there it will take up to 10 days to get it officially published in the Gazette. So our question to our guys was "can they move the new rate forward prior to the official publishing in the Gazette"?  They believe it can. I can not see this country that is hurting financially to wait yet another 10 days. They could, we shall see. We will continue to work on this step as it will be the next to the last step. You are probably asking, next to the last step?  Really, what could ever be next.  Cashing in.  ...the finish line is now here. I was going to say close, but I can honest say it is HERE!

3-7-2013  Intel Guru OCrush   Ok, they added two more articles at the end of the budget (art. 30 and 31). We are at step #30 (article 30)  budget will go to the finance ministry and ministry of planning...they do what they do...then they sent it to to iraqs Federal cabinet.  Once they approve it we head to article 31, which means to be published in the official Gazette...retroactive date will state Jan 1, 2013. 

3-7-2013  Newshound Guru Kaperoni    So what I expect in the coming weeks (after the basket of laws pass), is Iraq to honor the IMF Stand-by-Agreement terms (remember that?  It expired on Feb 23rd, 2013) buy accepting the benchmarks set forth in that agreement.  One of which was to move from the closed “currency board” monetary policy the CBI has been in since 2003, to the new “exchange regime” stated in the SBA.  It is my opinion, Iraq will move into a free floating currency regime for a period of time to let the world market dictate the rate of the dinar.   No matter what regime Iraq chooses, it will begin to raise the value of the currency.  [post 3 of 3]

3-7-2013  Newshound Guru Kaperoni    Now, something rather important happened yesterday.  What occurred was a series of meetings between the USA and Iraq to active a portion of the Strategic Framework Agreement. Though the SFA was signed months ago, parts of it are implemented in stages.  The part that was...now activated or now “in force” is the “Trade and Investment” portion of the SFA.  This is significant.  This is how we are going to see an increase in the value of the dinar.  This portion of the SFA is going to push Iraq into a free market economy, thus making Iraq integrate with the world.  And as a result of that effort, the New Iraqi Dinar (NID) will become internationally convertible.  [post 2 of 3....stay tuned]

3-7-2013  Newshound Guru Kaperoni    First, be assured…there was no RV in the 2013 budget.  Parliament has recessed until March 19th.   Article quote: “…raising House Speaker Osama Nujaifi session to the 19 of March Current.”  So, once again we wait.   Over the past several weeks, several articles have surfaced talking about revising the banking law, economic laws, and investment laws.  All of which IMO, will be passed in a basket shortly thereafter when Parliament returns.  So a best case scenario is at the end of March these laws are passed.  [post 1 of 3....stay tuned]

3-7-2013  Intel Guru SteveI  Everything is approved and all blocs approved the budget but Kurdish blocs were absent, however, all of their provisions were met in the previous articles before article 12. This is final.  Ray and I have talked many times this morning and to our contacts, and it is official period.

3-7-2013  Intel Guru Delta   URGENT URGENT URGENT  IRAQI PARLIAMENT APPROVE THE BUDGET.    [ IYO, do you think that there is a chance that you will see a rate tonight? (This morning for you)?]  REMEMBER NO ONE KNOWS THE DATE AND THE RATE...BUT IMO WILL NOT SEE THE RATE TODAY. AFTER THE IMPORTANT MEETING IN JORDAN WITH THE IMF THEN.....TA.....DA.

3-7-2013  Intel/Newshound Guru Poppy3   I am getting many emails and text today that the budget has passed in some form . BUYER BEWARE AT THIS POINT. several have sent me the same article and as of yet there is no confirmation on this end. just one statement made. time will tell. Also there has been mention only one portion of the budget was passed and that only means they have agreed to that one portion so don't get overly confident at this point. I expect we will get more confirmation within the next 24 hours and know the facts. It is exciting to hear just don't jump in with both feet. 

3-7-2013  Newshound/Intel Guru BGG   I do believe the budget has passed and Parliament has recessed until the 19th (for now)...Kaperoni woke me up all excited!!  the budget was passed - the budget was passed...and yes - it was passed...however, there is more to do before it is fully in effect - Gazette, etc, etc...Firstly - I suspect they have to handle their Maliki problem before too much more progress is made...as soon as M is dealt with = BINGO.

3-7-2013  Intel Guru SteveI   We are pleased to announce that the vote on the Iraqi 2013 budget has passed in parliament. Now that this hurdle is done, the next step is to activate the new Iraq currency rate. This will and should move along quite quickly as many country projects are depending on this 2013 budget to be opened.   I am very happy that this is about over and all of you can start your new lives in the near future.

3-7-2013  Intel Guru Wife in the Know   The Budget voting keeps getting postponed because They (GOI through the direction of the UN) are going to time or stage the event to coincide with the release of their new currency and its "new" rate of $3.42. This will happen any day now, they know they can not keep kicking the can down the road for very much longer. Trust me, the budget voting is nothing more then a formality at this point. As I have said before, the terms in the Budget, HCL, Erbil and Chapter 7 type of issues are agreed upon and none factors anymore. The agreements will all come out publicly afterwards. Given the fact that they keep saying the budget vote will be delayed again for another day or so for whatever reason they give, is a great sign that they are very close to finally doing this.

3-7-2013  Newshound Guru Adam Montana    [do you think that Talabani coming back has to do with the delay of the vote on the budget?]  No, the delay on the budget is simply that the Kurds want more of the oil revenues. They are simply negotiating. If you've ever negotiated anything with someone from the middle east, you know that negotiations are FIERCE and they are very shrewd...they will come to an agreement soon(ly), but not until both sides are sure the other will not give another penny. They are close.

3-7-2013  Newshound/Intel BGG    One of our Mods had the most well thought out rate equations all drawn out.  It ended up at a rate of $3.91.  My initial reaction is it's a little high, but not impossible.  After looking at her equation, it's very similar to the one Randy Koonce used to come up with his idea on the rate.  It made perfect sense to me although I'm not a rate person.  A lot of people are a little unsteady as to the way things are going.  I am not.  As a matter of fact as the days go on I'm pretty satisfied.   As I look back I see a lot of real interesting news that points in the right direction.  We are waiting for things to unfold & to me we are right on track.  It's been quiet for the last couple of days, but between now and Friday should be very interesting times.

3-7-2013  Intel/Newshound Guru Poppy3  NOTHING WILL HAPPEN TILL MALIKI IS UNDER CONTROL AND THE CBI HAS A ACCEPTABLE MANAGER. THE NEWS IS GETTING MUCH BETTER FOR ALL OF US...AND THINGS WILL HIT A POINT IN THE NEAR FUTURE, THINGS WILL MOVE VERY FAST. 3-6-2013  Newshound Guru Adam Montana  [What do you think about the new smart cards that are coming out? Do you think Iraq will use USA money or Dinar money on these cards?] smart cards represent quite a few things - one of which is the amazing progress the banking in Iraq has and is continuing to make...does this mean "RV tomorrow"?  No, but without this technology I don't believe an RV would be possible...so it is a positive thing.

3-6-2013   Newshound Guru L.J.   WE WILL HEAR THAT THE BUDGET WILL BYPASS THE KURDISH ISSUE AND VOTE WILL GO FORWARD ON THE BUDGET. I HIGHLY DOUBT THIS WILL OCCUR. THEY HAVE THE FRIDAY PROTESTS LOOMING AND I BELIEVE FEAR IS SETTING IN ON THE PART OF MALIKI AND CREW, SO THE PRESSURE COOKER IS ON HIGH.  THERE HAS BEEN, TO DATE AND HOUR, NO AGREEMENT ON THE BUDGET.  

3-6-2013  Intel Guru Blaino   we find that a certain bank, foreign, may have been the problem yesterday..."they" are working on IT... not a bank in the sand box...NO..."europe" is the closest i'll say...their "big boss" stepped down recently...Much concern about their dealings of LATE...  [wonder if they can just be bypassed and not participate until ready if ever?]  bypass "not" an option... With "this BANK"... World wide repercussions.

3-6-2013  Intel Guru Frank26   The rate is not going to be 1 - 1.  It might have been that last year, but it's gone past that now.  IMO, when Kurdistan passed their budget, they knew what the rate was.  Last week I said, "for the very first time in 6 years oil contracts are all being paid in full".  Now do you understand?  This is huge.  Kurdistan wanted these companies to be paid.  Why hadn't these companies accepted payment?  Would you want payment at 1160?  These companies know what is going to happen.  They are paying the bill and at a very good price.  [post 2 of 2] 

3-6-2013  Intel Guru Frank26   As disappointed as I am that we haven't seen the budget, I'm excited about everything else we are seeing.  Barazani is becoming quit an influential factor in our investment, quite an influential leader.  On Iraqi TV it was supposedly said that he was going to take the initiative to deal with the crisis.  [post 1 of 2....stay tuned]

3-6-2013  Newshound Guru Adam Montana    [It has been stated...(opinion?) by some, that Chapter VII is not necessary for RV to take place. Your opinion please?]   It is definitely possible for the RV to happen BEFORE Chapter 7, but if it does we can expect to see Chapter 7 lifted IMMEDIATELY afterwards... not the normal "soon" we get out of Iraq, but "immediately" as in the following or even same day.  [post 2 of 2]

3-6-2013  Newshound Guru Adam Montana    A lot of our friendly nay-sayers...love to try to claim that Chapter 7 is already lifted.  I usually respond with something like "yes, but there are still a few remaining points on Chapter 7... it is not COMPLETELY lifted yet."  And that has been verified in several different articles that have came out in the last couple weeks...recent articles are very positive about a COMPLETE removal of Chapter 7 in the very near future. [post 1 of 2....stay tuned]

3-6-2013  Intel Guru Blaino   standby for news and updates!!!  here is the basics of what is happening...in the past, if you wanted to examine the iqd on say, netdania, you had to 'enter' it onto the charts and then you could see all the relevant information, the bid, the ask, the rise or fall, and so ON...now HOWEVER...when you open a page THERE...The iqd is listed now just as the british pound sterling, the japanese yen, the austrailian dollar, etc...these are known as the majors...ALSO...gold and silver is showing as a currency and 'pairing' with currencies.   we think it's the ust master board feed dropping IN.  i spoke to someone that has the same level currency info as banks GET and he was able to pull it up as WELL.

3-6-2013  Newshound Guru Adam Montana    [do you personally believe that the rate is in this budget?]  nope, I do not. There is no way they could have been working on something like that, on a budget that is supposed to be public any day now, and be hiding something as big as the RV. That kind of change is going to be released as a surprise to almost everyone involved, and they will be scrambling to adjust for it. Again, this is why so many things had to happen before an RV would be possible... such as high tech banking systems.  [post 2 of 2]

3-6-2013  Newshound Guru Adam Montana   They just announced that the vote on the budget will NOT happen today, it has been pushed to tomorrow. Most of us won't be too surprised by that, so that's not really "news" I guess. It's like fishing...we keep getting nibbles, but we have yet to reel in the big one. If you fish, you know you don't just go home after the first nibble fails to land a catch...so we are still here.  I should mention that YET AGAIN the budget issues are pretty much all about oil...fingers crossed that they get that budget done tomorrow, but my gut tells me it won't happen until the end of the week or the beginning of the week. The question, as always... Which week?  [post 1 of 2...stay tuned]

3-6-2013  Newshound/Intel Guru BGG   Article:   "Nujaifi: deferred questioning Maliki and the government intervene in the work of the “parliament”"  This is THE ARTICLE OF THE WEEK!! This isn’t saying that Maliki is guaranteed to undergo questioning in parliament. However, Parliament is getting tired of Maliki interfering in their role. They are obviously talking over the prospect of removing Maliki. As I pointed out last Friday – they have even picked the MP who will handle the duty of the actual questioning.

3-6-2013  Intel Guru Blaino   intel is still percolating...We may yet have some action in the hours leading into the early afternoon tomorrow [Wednesday?].  Hang in there all!

3-6-2013  Intel Guru Winalot   The leader [IQD] and the follower [VND] appeared today [Tuesday] on the bank screens with a buy/sell rate and they are waiting for some other type of code to be able to purchase it from us.  Other than that I think we are about to wrap this little booger up.  Forex screens are obviously not showing this yet.  I am confused on how this is going to show up  publicly and when.  Got notices 3 times of change coming from the big boys.  No rates were given and no effective dates, but just to expect currency revaluations to be coming down the line.  The most interesting thing today is everything is coming together at the same time.   Treasury regulations were out today, the screens showing rates, it's all lining up to pop. 
Read more: http://www.dinarguru.com/index.html#ixzz2NGrcrCQK

3-5-2013  Intel Guru SteveI   [This must be driving your contacts crazy too. If they are watching this budget stuff  first hand, they must want to slap somebody till a vote falls out.]  For some strange reason, I feel a bit better about tomorrow and so do our contacts. Remember, the Kurds have promised over a dozen time they would vote and did just the opposite, so I am hopeful that this one will fly. Something just feels different and I cannot put my finger on it.

3-5-2013  Intel Guru Blaino    SO, REE-LAXXXXXX.... PUH LEEZZZZEEEEE YOU HAVE WEATHERED THE STORM, MADE IT THROUGHT THE DARK NIGHT, PASSED THE RAPIDS AND SO ON...WE NEED A TIME NOW OF QUIET REFLECTION AND SHALLOW BREATHING...SOME INTROSPECTION, SOME PAUSE...SO "IT" CAN REVEAL ITSELF TO US!   [post 3 of 3]

3-5-2013  Intel Guru Blaino   I HAVE TALKED TO: WELLS FARGO-EVERYWHERE, THE FOREX PEOPLE IN THE BIG APPLE, CALIFORNIA, OKLAHOMA, ARIZONA... I'VE BEEN (BY PHONE) TO BAGHDAD, PARIS, F-L-A...., TALKED TO ALL FROM MS. A TO MR. XYZ...AND LOOKED IN EVERY TREE...SHAKEN ALL THE BOOKS AND LOOKED IN ALL THE NOOKS...AND AFTER ALL THAT ENERGY...ALL THAT CHATTER, ALL THAT POKI NG, PRODDING, BEGGING, STEALING AND POCKETS TURNED INSIDE OUT...I CAN TELL YOU ALL THAT::::::::::::::"IT'S ALL GOOD!"  [post 2 of 3....stay tuned]

3-5-2013  Intel Guru Blaino   I HAVE BEEN GETTING DRIBS AND DRABS ALL DAY AND NONE OF IT... NONE HAS LED ME TO BELIEVE WE ARE NOT ON THE THRESHOLD...CAN I GIVE YOU THE MOMENT AND THE HOUR OF THE DELIVERANCE? NOPE! JUST KNOW THAT WE ARE CLOSE ENOUGH TO NOT HAVE TO WORRY, SO R E L A X A LITTLE, PLEASE!  [post 1 of 3....stay tuned]

3-5-2013  Intel Guru SteveI    I totally agree with these [OCrush's] statements. We are almost done.

3-5-2013  Intel Guru OCrush   Barzani has been pushing his initiative all of last week and is continuing to do so this week.  There is much more happening besides the budget.   Debt is being paid to foreign countries and the dfi protection expires, I believe in May.  This truly is incredible.  We have never seen so much activity concerning these matters.  We now believe the budget will go forward when the GOI has completed there task incorporating everything.  This is all very positive and we think its just a matter of time (short).  Cheers All:))  PS:  It really is all positive news despite the fact the budget has not passed (yet:)  [post 2 of 2]

3-5-2013  Intel Guru OCrush   I spoke to my cousin.  He believes the erbil agreement and hcl have been passed.  When this happened he does not know.  What he knows is Exxon and a Chinese oil company are discussing a joint agreement on the oil field that Exxon was going to sell ( a percentage). Now, the deputy of oil has proceeded to tell him the oil minister and Maliki are adjusting (or has) this contract to reflect Exxons Kurdish contract.  If that is the case the HCL has passed.  You see the amended hcl (which the Kurds follow with their contracts) are more lucrative for oil companies and will benefit bagdad to bring in higher investments from the existing oil companies and new bidders.  [post 1 of 2....stay tuned]

3-5-2013   Newshound/Intel Guru BGG   Article:  "Mutlaq denies Karbouli, has been nominated and the Ministry of Finance instead of al-Issawi" This issue with al-Isawi did nothing but fan the flames further – Maliki is convinced if he keeps up the pressure on his opponents – they will give up. This has not been the case…the Iraqi people have been very slow to anger, but I don’t see them just giving up now. This is only going to keep coming until he does something right.

3-5-2013   Newshound Guru SWFloridaGuy   Members don't bother to show because they know they have yet to reach an agreement and there will not be a vote. This cannot continue indefinitely though and I don't see it dragging on much longer. I believe that eventually international pressure and support will lead to a breakthrough with the budget/Article 140/HCL and help to overcome the remaining obstacles between the Federal government and the Kurdistan region. They must resolve these disputes in order to encourage foreign investors/corporations who also fund Iraq's growth. The elections are also coming up and progress must be made by parties who will be looking to garner support in the near future.  [post 2 of 2]

3-5-2013   Newshound Guru SWFloridaGuy   Parliament once again postponed the vote for lack of quorum. Most likely because there are still some ongoing meetings and negotiations. Attendance is a huge problem in parliament, which is why they instituted a penalty system. The parliamentary bylaws say that the parliamentary presidency can issue a written warning to deputies that are absent 5 times in a row or 10 times during the course of the legislative year. But with such an important items being addressed (Budget, Article 140, HCL etc.), most likely the lack of quorum is a result of ongoing meetings and negotiations. [post 1 of 2....stay tuned]

3-5-2013  Newshound Guru Tlar   The thing that stands out to me is not the bickering but the steadfastness of the blocks that are all still working hard to see the conclusion of the budget along with Nujaif, the POP.  We all know Iraq takes a long time to accomplish anything because of the 3 sects.  This particular problem though is mystifying to me.  They are close on this budget.  If the central government will just do as they promised to do a month ago and fund the oil companies operating in Kurdistan, I believe we will see the conclusion to the budget immediately. 

3-5-2013  Intel Guru Wife in the Know    Okay, stability in the newly established Iraqi government will never be what the western world expects, given the fact that they are working together at all is huge at this point in their infancy as a dictator free country. The SBA and that you have referred to is just another spoke in the wheel of timing the release of the revalue that is now the only issue. I am eager awaiting the release, which will be soon.  [post 2 of 2]

3-5-2013  Intel Guru Wife in the Know   Erbil Agreement is completed and already understood by all blocs...there is no possible way they could be this far along in terms of the budget (which is finalized) if percentage amounts were a constant bickering point as articles and intel providers suggest.  The HCL is also complete and agreed upon by all those involved. As far as the National Meeting, it is what you would call a buffer or a framed time scenario that is only in place to help strategically manipulate the thinking of anyone paying attention. Again, the Middle East is all about secrecy, just as most governments function.  ...how many times have you been told something regarding this investment that has never materialized, the reason for that is much of what is being published and relayed is false. [post 1 of 2....stay tuned]

3-5-2013  Intel Guru Blaino    the next few hours, whether divided into a day or so or somewhat more than that "ought to see us complete" in most respects, to spell out the few details that we have along that way would serve no purpose and .... "will slow down the process" as they say. Actually, these few details are less important to disclose than to allow to complete... So, we'll do that!   i wish that like an old friend, some time ago, i could give you "the rate, the date and the TIME!"...Alas, i cannot! But see around you the signs, as big as texas, that we are at the end!

3-5-2013  Intel Guru Frank26   There is progress.  This Iraqi dinar is going to go up in value and we are constantly proving it to you and showing it to you.  Are we going to see it tomorrow [Tuesday]?  I feel really good about it.  And, if we don't, we will hear the same garbage...we just didn't have enough people show up or we are debating this & that & will do it next week.  We don't care about the budget, we want the rate that goes in the 2013 budget.  In my opinion, they have passed the budget and they are debating the rate.  Do you think the HCL is done and in the budget?  Yes I do.  Everything is perfect.  They are still waiting for the approval of the rate.  [post 2 of 2]

3-5-2013  Intel Guru Frank26    I want to apologize for giving information that in February we felt very positive the 2013 budget would be released in the month of February and we were positive that a new rate was in it.  Please accept my apology, I will never do that again. I messed up big time.  Because of the activities, we really thought that we would see the budget in February.  Once again I said we would not see it on Monday, it would be Tuesday, but if we do not see it, I will not do that again.  We will continue to go on time frames.  [post 1 of 2....stay tuned] 3-4-2013  Newshound/Intel Guru Bluedog   I did read one article...Iraq going over the application and qualifications to the WTO.   now, for suring up chp 7, they did make a deal with oil to pay there debts to them just to get there vote at the UN...with Egypt, Egypt in Iraq today settling things.   very much looking forward to waking up to a Rate...hows everyone feel about tomorrow morn...you might see from 2am on eastern but they are slow over there...if we do not see a Rate then check the CBI in morn...Im putting my heart into this one...but if for some reason it does not back on my feet trusting in who told me.

3-4-2013  Intel Guru Bluwolf  We have been waiting for this rv since Sept. 2009...As the flow of things to come into play is in the silent mode it does not mean that it is not in motion for it definitely is and all I am waiting on is on the GO.  For the email is just a thought away.

3-4-2013  Intel Guru Footforward   The budget was done a long time ago and is the same as any other budget with the exception that Iraq no longer has the Standby Agreement in place to allow them to borrow money to pay off their debts and obligations.  All has been put into place.  The Iraqi government is not as dysfunctional as people would leave you to believe. Maliki is not the issue, Shabibi is not the issue, the political process in Iraq is not the issue.  They have been ready to go for almost 2 years now.  [post 2 of 2]

3-4-2013  Intel Guru Footforward   My last time frame came and went and didn't have an RV.  I have no problem admitting when I am wrong.  In spite of the fact that my time frame can and went, I am still not discouraged in the least.  The information that has come in has been exceptional.  I have heard everything thing I would want to hear from the places I would want to hear it.  The information has been that good.  What I have been told in the last week has been very good, I am very encouraged.  I wish I could share but people will just have to take my word for it.  If I had a list of who I would like to hear from where, that list has pretty much been fulfilled this week.  So, the information has been really really good.  [post 1 of 2....stay tuned]

3-4-2013  Newshound Guru Tlar    The IMF got in touch with Turki almost immediately following the removal of Shabibi.  Maliki thought he had hired a yes man and Turki was his guy. He actually may have been day one when he took office but that changed.  Even if he was, something or someone made him change his mind.  He juiced the auctions and declared the CBI's independence.  He went against Maliki and therefore he had to go.  Unless parliament steps up to support the independence of the bank I'm afraid history will again repeat itself.  New guy chosen.  IMF gets his ear on what's best for Iraq.  Maliki unconstitutionally oversteps his boundary.  New guy is fired.  This will continue to play itself out out until Maliki is gone or parliament steps up.  The  only thing that can break the chain is parliament.  [post 2 of 2]

3-4-2013  Newshound Guru Tlar   Article quote:   "In the past few days, popularized news that the Government ended the mandated central bank governor Agency Abdul Basit Turki and it is about to assign someone else"  Turki's fate IMHO was determined early on when he went against Maliki.  Within his first month in office he stated to parliament, "I answer only to you".  He then before the end of his first month started to reactivate the auctions having come close to shutting them down when he first took office.  Remember Shabibi was removed because of the auctions and had arrest warrants issued against him.   [post 1 of 2....stay tuned]

3-4-2013  Newshound Guru L.J.    I HAVE CONTINUOUSLY SAID MALIKI IS GIVING MONEY TO IRAN…ONE OF TODAY’S NEWS HEADLINES READS: “Iraqi sources said that Iraqi Prime Minister Nuri al-Maliki stole $ 80 billion of Iraqi gold, and give some to Iran.”   IRAN DOESN’T GET ALL OF MALIKI’S MONEY BUT HE DOES SUBSIDIZE THEM AND IS SUPPORTING THEIR NUCLEAR PROLIFERATION.  [post 2 of 2]

3-4-2013  Newshound Guru L.J.  THE IRAQI LIST IS MEETING...TO DETERMINE IF MORE OF THEIR MINISTERS ARE TO RESIGN FROM MALIKI’S GOV’T. STATE LAW SAYS THIS IS POLITICAL POSTURING AS THE PROVINCIAL ELECTIONS ARE NEAR; THAT THE MOVE IS TO CREATE AN ADVANTAGE FOR THE PARLIAMENTARIANS.   DAMLUJI SAID SOME MEMBERS OF THE HOUSE WOULD RATHER SHOW THEIR ALLEGIANCE TO THE PEOPLE OF IRAQ THAN TO SHOW IT FOR MALIKI, THUS THE RATIONALE BEHIND THE IMPENDING RESIGNATIONS.   [post 1 of 2....stay tuned]

3-4-2013  Intel Guru Frank26    I made it CLEAR to all last night to go to sleep...not to look Monday but Tuesday. [If I may ask a question...you stated Saturday, "All oil contracts have/are being paid with IQD"]  Do not know the rate...But logic says it is based on an RV not the program rate of 1166.  These contracts being paid give us strong balance to our...info. First time in 6 years !!! IMO, It is part of going international.  I will learn much more today from all Teams reports...  [post 2 of 2] 

3-4-2013  Intel Guru Frank26   [You have said all along that the Kurds are in charge.  This just proves your point.]   Yes, TY.  But here lays the problem...So many do not hear me...I can not find other ways to express that I do not look for a vote as many do.  They have long ago agreed on the componets of the budget.  It is the rate they fight over for fair representation...And the Kurds take no Ca Ca about this...As KW waits just like You and I.   [post 1 of 2....stay tuned]

3-4-2013  Newshound Guru Mountainman    Article quote:  "the Central Bank towards enhancing its gold reserves and reduce dependence on the dollar is a positive step and will support the national economy and the Iraqi dinar. And the reports of international organizations, noted that Iraq resorted to storing gold to strengthen reserves of gold and cash reserves of the dollar in order to maintain his property and stability of the Iraqi dinar exchange rate."  Iraq has a huge amount of gold reserves and is planning for a future independent of the USD as the global economic crisis continues to get worse. They want to have a strong national currency and are also working on the tariff issue as they apply for WTO membership.

3-4-2013  Intel Guru Delta   ...GOT A CALL FROM MY CONTACT INSIDE THE PARLIAMENT THAT THE VOTE SHOULD TAKE PLACE AROUND 1:00 PM IRAQI TIME.   IF THEY DON'T PASS IT TODAY... IT WILL BE A BIG MISTAKE.. THERE IS SO MANY ANGRY PEOPLE RIGHT HERE CAMPING AND WAITING...
THEY SAID THEY NEED ANOTHER HOUR...WOW THEY ARE WORKING HARD.   NO NEWS YET!!

3-4-2013  Intel Guru Frank26   In 2002 the IQD was 3.22...2008 MoP/MoF told GOI 1.18 was not going to do it for the budget so they turned in 3.2108 and told them to add 20% more to it via delays...Making it 3.86 that needs 10% more IMO due to further M's selfishness ... Making it 4.25 today and tomorrows to come.  This was an RI that has blossomed into an RV.  I think.  IMO, Tuesday may be our last day of un-masking. Or more valuable info for us all.  [you have said in the past "In the still of the night"]  Those words came up twice on some long phone calls today. IMO, Between 2 am est to 4 am est...CBI site.

3-4-2013  Newshound/Intel Guru BGG   Article:  "MP: There is no agreement to pass the budget tomorrow. [Monday]"   I wouldn’t get panicked just yet…let the tend (in info) develop. Like I always say…On the other hand, I kind of doubt it gets done – but it won’t surprise me either way? I suspect it gets delayed until there is at least some final decision about Maliki (which could come at any minute). Which is far more important than the budget at the moment…

3-3-2013  Newshound Guru L.J.    U.S. DECIDES TO KEEP IRAQ UNDER CHAPTER 7…SO MUCH FOR NEWS SAYING KUWAIT IS COMING TO IRAQ TO EASE CHAPTER 7 FOR RELEASE.  KURDS AGAIN, WILL NOT VOTE ON THE BUDGET IF IT DOES NOT CONTAIN THEIR CONDITIONS.  STATE LAW SAYS THEY HAVE A MECHANISM TO VOTE ON THE MAJORITY OF THE FEDERAL BUDGET…AGAIN A PIECE MEAL VOTE WILL MORE THAN LIKELY NOT PASS BUT WE WILL WATCH TOMORROW. AT 5:59 PM BAGHDAD TIME STATE LAW’S KANANI CONFIRMED THAT “NO” AGREEMENT TO PASS THE BUDGET TOMORROW. HE HOPES THEY VOTE ON IT BY USING VARIOUS OPTIONS, AGAIN DOUBTFUL…BUT WE WILL WATCH. [post 2 of 2]

3-3-2013  Newshound Guru L.J.   NATIONAL ALLIANCE WANTS TO VOTE ON THE BUDGET AS IS…PIECE MEAL…THEY ARE ASKING PARLIAMENT TO VOTE ON WHAT CAN BE PASSED AND DETERMINE THINGS LIKE - KURDISTAN’S MANDATE TO PAY THE OIL COMPANIES IN FULL – FOR A LATER DATE. KURDISTAN REJECTS AS THE DO NOT TRUST MALIKI AS HE HAS FAILED TO COMPLY WITH PAST PROMISES. IN ABOUT 12 HOURS WE WILL SEE WHAT THEY DO REGARDING THE BUDGET.  [post 1 of 2....stay tuned]

3-3-2013  Intel Guru Frank26   If this budget fails us once again and we do not see a rate in it by Tuesday?...or let's say by the end of the week...I still will not give up hope. There are just too many bridges that have been successfully and miraculously built with Kuwait, the government of Kurdistan, investors, world banks technology, ISX international advancements along with a slue of other powerful reasons why this budget cannot fail so many!!! This monetary reform is for the citizens of Iraq for many reasons not just monetary value.  So, be strong and then be ever so stronger with whatever results come about from now until the end of this week concerning the 2013 budget and its phantom rate.  [post 2 of 2]

3-3-2013  Intel Guru Frank26   I feel we are in the Omega of our investment...It's been quite a journey and I pray with all my heart that this budget which they will vote on tomorrow will reveal to us what Shabibi has prepared for it.  A new value that returns the Citizen's buying power as it used to be in the 80's and 90's.  It is going to be a historical budget...IMO requiring a historical rate and not the program rate that they have been using to limp along with for over a decade now.  [post 1 of 2....stay tuned]

3-3-2013  Intel Guru Blaino   So, as the "dye-nahr"  settles into it's new role as a leading currency in a brave (mebby) new (possibly) world of possibilities, we remain attentive and expectant for our intel to develop and perform as specified! Banks are prepared, we are ready (we think!) and the dinar is way OVERDUE...Rate expectations are holding as far as we can tell on a sunday afternoon and updates will be looked at closely as they develop and get reported.

3-3-2013  Newshound/Intel Guru BGG   Iraqi sources: Nouri al-Maliki “stole” $80 billion. If this turns out to be true – and I suspect it is. Al-Maliki will really have made some important people very angry. For instance… 1) The Iraqi people. 2) The UN for helping Iran evade sanctions and trying to buy his way out of these demonstrations. 3) Whoever is behind the CBI – which is supposed to be independent entity much like our Fed Reserve (a privately held Corp). He essentially stole this gold from them. 4) The US for aiding an enemy of peace in the Middle East (and a potential nuclear power). 5) Most of the other Arab countries for reason number 4 – only more so.

3-3-2013  Newshound Guru Tlar   Maliki is a crook for sure but I think this article saying he has stolen 80 billion worth of Iraqi gold and given some to Iran is pure crud.  He for sure has tried to help his "home land"  Iran, and has been successful in many ways in doing so.  Stealing 80 billion in gold from Iraq is not one of them if the articles we have seen up to now are to be believed.  I notice nobody is taking claim to this accusation.  Its the way of the Iraqi's.  Start a rumor based on half truths to support a particular agenda.  Oh, and his days ARE numbered.  December 31st is the final backstop if all else fails.  [post 2 of 2]

3-3-2013  Newshound Guru Tlar   Article:  "Mareb press: Iraqi sources: Nouri al-Maliki "stole" gone b $ 80 billion"   Iraq's currency reserves 70 billion are being held for safe keeping in New York by the Federal Reserve at the request of the US government.  Iraq has some gold but not 80 billion dollars worth.  They never have had that much gold.  At last count they had  approximately 1.5 billion dollars worth or there abouts in gold having just liquidated 33% of their holdings.  This is a wild accusation.  [post 1 of 2....stay tuned]

3-3-2013  Newshound/Intel Guru BGG   [are we still thinkin within this month?]   I haven't changed my mind - if that's what you are asking.  What I said was - very plainly - a couple of weeks ago... it was my humble opinion that depending upon whether Maliki chose to make good on his end - and if he didn't (which I fully expect from him)...how aggressively they move against him - we could be 30-45 days away from an RV.  The clock started ticking on that comment a couple of weeks ago...generally, I believe this to be an accurate portrayal (at this point)...and I might even add I get the sense they intend to move on him in a most aggressive fashion - so I think we're good.

3-3-2013  Intel Guru Blaino    We "have" to be CLOSE...All the signs and intel say SO...Banks say we are good to go in their opinion.

3-3-2013  Intel Guru SteveI   Great news. Yes, the budget is now in parts with several addendums or additions. They will vote only on the general budget and pass it, then they will if they have time start voting on the other. If it does not get done, they will continue voting on them at a later date. I also found out that the rate is a bit higher because it is not based on $95 per barrel of oil. Huge news if you ask me.  [see SteveI post from 2-7-2013 for his rate info]

3-3-2013  Newshound/Intel Guru BGG  Article:   "Urgent….Finance Minister announces his resignation before demonstrators" This is just al-Isawi taking a “last-minute” poke at Maliki (and grabbing some political clout at the same time). Maliki has been “hot-and-bothered” to arrest al-Isawi for some time now. That is his MO. Arrest the highest ranking (and most dangerous) political opponent you can. Smear and destroy them – or force them into exile. Same Maliki routine…But you have to wonder what al-Isawi knows that he is gambling his whole future on this more – at this moment?? Pretty bold move – if you ask me.

3-3-2013  Intel Guru cgmom70   the lower denoms was out yesterday...for iraq...we are very close like on the edge.

3-3-2013  Intel Guru Delta   URGENT FROM IRAQIA TV:  HIGH EXPECTATION TO PASS THE BUDGET ON MONDAY.  IRAQI CITIZENS ARE CAMPING NEXT TO THE PARLIAMENT UNTIL THEY PASS THE BUDGET.  ON MONDAY WE HAVE A FULL TEAM WATCHING THE PARLIAMENT.

3-3-2013  Intel Guru cgmom70   [new guru]   found about the budget tonight...they did the budget tonight not monday...the agreed amount was 3.48...when i do not know and will not say...if its sunday or monday or tuesday i don't know that and i wont say or speculate...we know the rate we need a date...thats where we are right now

3-3-2013  Newshound/Intel Guru Flashing   don't pay attention to anything negative because everything is great.   rumors are great about this weekend but still rumors...iraq is not the decision maker, usa and uk in charge of this.  imo, everything is great and moving forward.  it is coming and imo should happen soon and before the release of the dfi immunity. 3-2-2013  Newshound/Intel Guru BGG  Article:   "Knesset Finance: budget 2013 will be the new currency after deleting three zeros"  Though this is a very interesting article and would appear to infer “the rate is in the budget” – I am somewhat skeptical. This piece feels a lot like an article from a couple of months ago (though still an entirely valid read)…and more like an OP ED prognostication piece. It does not feel like an absolute “be all end all” bit of info to me. 

3-2-2013  Newshound Guru Med   THE SUNNI'S ARE GAINING MOMENTUM.  THEY ARE NOT SLOWING DOWN AND IT LOOKS LIKE A SHOWDOWN IN BAGHDAD EVENTUALLY.  NOW LEADERS IN IRAQ ARE ASKING FOR MALIKI TO RESIGN NOW WITH SOME DIGNITY CUZ IF HE DOES NOT IT WILL BE WITH HIM KICKING AND SCREAMING AS THEY DRAG HIM OFF TO PRISON BECAUSE IF HE DOES NOT RESIGN AND LEAVE IRAQ HE WILL NOT LIVE OUT HIS LIFE IN THE GREEN ZONE IN A PALACE.  [post 2 of 2]

3-2-2013  Newshound Guru Med   NOW THERE WAS SOME MAJOR NEWS TODAY AND IT COMES FROM A LOT OF DIRECTIONS.   ISAAWI RESIGNED, THAT HURT THEM BAD.  THIS COUNTRY NOW HAS NO ONE WITH ANY TYPE OF ECONOMIC MENTALITY AND NOW ALSO JEBARI WHO IS THE FOREIGN MINISTER HE SAID EXACTLY WHAT I SAID.  THEY SCREWED UP WITH SHABIBI AND NOW HE SAID THEY WILL SIT IN CHAPTER VII FOR 4 MORE YEARS.  [post 1 of 2....stay tuned]

3-2-2013  Intel Guru Delta   OK FAMILY THERE WAS AN INTERVIEW THAT TOOK PLACE LAST NIGHT WITH THE GOV. OF THE CBI ON IRAQIA TV "ABDUL BASIT TURKI SAEED" AND HE WAS ASKED ABOUT THE IQD. HE SAID THAT THE IQD WILL BE VERY POWERFUL AND THAT IRAQI PEOPLE WILL HAVE THE POWER OF PURCHASE THAT THEY USED TO HAVE BEFORE. NO DATE OR RATE WAS GIVEN.

3-2-2013 Super Newshound Guru Just Hopin Over the past twelve months several articles have been published (including the article we discuss now) eluding to Iraq’s departure from Chapter VII sanctions....Iraq has been aggressive just in the past six months in trying to find successful steps toward emancipating themselves from UNSC sanctions.  Considering this, I personally view Iraq as eager to emerge from Chapter VII and the last thing they would want is to stay in Chapter VII another day.  I remind you that Iraq emerging from Chapter VII would be a significant event for Iraq and potentially for the IQD.  However there is no certainty Chapter VII is the “magic bullet” needed to make the IQD gain in value. Other items could still need attention such IMF Articles of Agreement IV and XIV, HCL Law, investor laws, etc. [Post 2 of 2]

3-2-2013 Super Newshound Guru Just Hopin [Article: Iraq FM Zebari discusses Iraq and the future of CH VII sanctions: CBI might keep tired under Chapter VII for four more years] Zebari elaborates what issues remain that keep Iraq binded to Chapter VII sanctions. He lists 1) Install land and maritime borders between Iraq and Kuwait, 2) Iraq is required to pay Kuwait 5% of oil revenues [15 Billion Dollars remaining] to Kuwait victims of the invasion, and 3) the discovery of missing Kuwait prisoners of war and Kuwaiti artifacts.  [Post 1 of 2]

3-2-2013  Newshound/Intel Guru BGG  Article:  "Jumaili confirms he will take over the task of questioning in parliament"  They are making preparations to remove Maliki…I do not believe once the final decision has been made – this will take long at all…

3-2-2013  Newshound Guru Arthur  I WILL NOT CALL A MONDAY RV....I WILL ONLY SAY CONDITIONS ARE FAVORABLE FOR THIS TO HAPPEN ANY DAY NOW.

3-2-2013  Intel Guru Panda Express   What we think we are looking at:  1.  Rates should show up on Saturday morning...4 confirms.  2.  Well Fargo is the bank...5+ confirms.  3.  Monday is the exchange date...2 confirms.  4.  This weekend exchange...2 confirms.  6.  Wells Fargo screens are live again...3 confirms.  7.  Codes are loaded at Wells Fargo...2 confirms.  In summary:  Rates should show up on Saturday morning.  We should have banking locations by Sunday at the latest and exchange by Monday at the latest.  This thing is so done you can stick a fork in it.
Read more: http://www.dinarguru.com/index.html#ixzz2Mo1O95Fx

3-1-2013  Intel Guru Steve1   Question...."what's your opinion on time of rv? It has been told/rumored that the rv would happen around 3am our time/ eastern time."  Answer.... Now, having it be delayed this long it could be very quickly. Remember the Kurds budget was to start Monday and they can not do anything without the Federal Budget opened and disbursed. So, your guess will be just as good as anyone else right now. I will maybe know more after it is approved. I am also being told by another contact that this vote will be a "historic one", so I can safely assume that the media will share right away, especially with protest and other major events scheduled to go off against the government. Could it happen within hours, you bet, will it, maybe, should it, absolutely. Time is now against them not for them, so the faster the move, the quicker peace will be restored and confidence with the citizens.  [post 2 of 2]

3-1-2013  Intel Guru Steve1   Question...."what is your opinion on the level of confidence, based on the mood of your contacts, that this vote will in fact take place on Monday (Iraq Monday) assuming nothing crazy happens between now and then."   Answer... Our contacts are saying 100%, but they told me that last time and then the unexpected happened at the last minute between Maliki and the Kurds. That shocked many people. Question... "What times the vote on Monday?"  Answer... I was told 10 am Monday Iraqi time.   [post 1 of 2....stay tuned]

3-1-2013  Intel Guru Blaino  all the big financial (international) players are in conference to accomplish this at this hour, no doubt, it's mainly video conferencing..."jack", "christine"...All the major players...

3-1-2013  Intel Guru Okie_Oil_Man    DON'T DESPAIR--THINGS ARE STILL VERY IMMENENT--SMALL PROBLEMS LAST NIGHT THAT WAS SETTLED. WE ARE ON VERY HIGH ALERT---

3-1-2013  Intel Guru Blaino   more and better confirms hitting NOW.... Hang in THERE...Text  #1: reval warning!! The meeting of meetings underway now, rates live on bk screens at last, need "ok" to tellers yet then all good! Text #2: reval warning ii, can't share rates yet, but great numbers! Vnd is incl too.

3-1-2013  Intel Guru SteveI    Once it is passed our guys will call us regardless of our time and share the news.  With this being said, pray for the best and prepare for the worst. With all of the pressure from citizens, I just cannot see how they will not follow thru this time. Major consequences will follow if they do not.  The parliament will be meeting Saturday but they will be voting and passing other laws, just not the 2013 budget.  So, this was the huge news I have been waiting for. Now I am excited beyond belief.  [post 2 of 2]

3-1-2013  Intel Guru SteveI   It brings me great pleasure that we have received word from our contacts in Iraq that the 2013 Federal Budget will be voted on Monday. The reason you are seeing Saturday and some articles are reporting Monday is that the Kurds wanted to do this Saturday but the other blocs wanted to wait until Monday. Go figure.  According to our sources, all blocs, and I repeat all blocs, Maliki, Allawi, Kurds, etc. are all on the same page now and all differences have been worked out, therefore as it stands now, the vote is on for Monday (Iraq's Monday not our).  [post 1 of 2....stay tuned]

3-1-2013 Newshound Guru Adam Montana   The one thing they did NOT lose is their natural resources. While they are working to restabilize their government and society in general, the value of their currency has remained at a low level... in fact, TOO low in many of our opinions. Obviously there is no guarantee that it will ever get back to the previous rate, but I believe it will. That's why I'm here speculating on it.  [post 2 of 2]

3-1-2013  Newshound Guru Adam Montana   [An article stated that in modern times the biggest overnight RV of a currency was 35% or so. If the dinar RVed to even a .10 rate, that would be an approximate 10,000% increase if my math is right. Would an overnight RV of this magnitude be possible? Plus imagine the chaos at the banks as thousands rushed to cash in. Would it be more likely that the dinar become tradeable at or just higher than the present rate and be allowed to float upwards towards the .10 (or hopefully higher) rate over time?]   Of course it is possible. It may be more likely that it would simply grow slowly over time (such as may happen if they raise the rate to 1000:1 later this year as they have mentioned a few times), but it's also important to remember that they LOST the same percentage of value on their currency when Saddam was removed.  [post 1 of 2....stay tuned]

3-1-2013  Intel Guru SteveI   One of the most powerful articles was "Ahmed Faizullah: the need to draw on the expertise of international banks to support the banking sector".   International means only one thing, the CBI is ready to revalue their currency to move this country forward. This is huge folks. Why would any international bank want to deal with Iraq with a currency valued at .00086 to the dollar unless it becomes more valuable and there are business opportunities in it for the banks. [post 2 of 2]

3-1-2013  Intel Guru SteveI   I truly believe this time we will see it being passed. God help the GOI if it is not.  I am still waiting on a call to see how the meeting went between Maliki and the Kurds over the defense budget. That as the true sticking point, not the oil.  Please trust us as we know exactly what is going on in Iraq regarding the process.  I hope to bring you some wonderful news in the coming days, hopefully starting with the budget vote passing, and I think things will move so fast that I may have just enough time for the rate notification.  [post 1 of 2....stay tuned]

3-1-2013  Intel Guru Blaino   We get some of the best info from 1of the big 4 banks, some of the best intel out there & according to a list received, 22 currencies are going to go hot & live & tradeable tomorrow [Friday].  Our 2 favorites are on that list.  As long as there are no glitches or delays, we expect to see this.  In some regions, they were given notice that they would be working for the next 4 weeks on weekends and all leaves and vacations have been cancelled.

3-1-2013  Intel Guru TerryK   A lot of things going on it Iraq.  The magical trigger has to be pulled by Christine Legarde making her announcement.  She will make her announcement tomorrow [Friday] or Sunday.  You won't see a massive RV of all 194 countries.  There is the primary 11 and then they will come out in baskets of 30 and will come out 1 or 2 baskets a month.  I got verification from my Well Fargo contact that there are codes in the system for the IQD and VND.  All they are waiting for is an email from their corporate office to tell them to activate the codes.  They are waiting for the IMF to pull the trigger and the UST will contact all the Central Banks and tell them to go ahead with it.  It's closer now than it's ever been.  The Dong is showing .478 at the bank level, but it is being traded on the investment side at a 1.19 value and are expecting it to go over $2 in 6 months and that's on the investment side of Wells Fargo. They want it to get back to the $2.22 rate. 

3-1-2013  Intel Guru Wisdom     MY OPTIMISTIC SELF feels that THIS COULD HAPPEN NOW!! I have been on this ride for as long as anyone else, and so I'm not just blowing this into the wind to get a reaction. This is YEARS of watching and waiting, but more so UNDERSTANDING where it is at this point and what the holdups/holdouts are for this to be released.  I DO SEE that things are in the works, and for the past couple of weeks...have actually been on edge for kicking this thing off. Iraq is a player in this and MUST have some order to be able to comply with an RV. Are they solely in control, No way in sand!   [post 2 of 2]

3-1-2013  Intel Guru Wisdom   Does Chapter 7 keep them from revaluing? Well let's put it this way... It's my belief at this point that the RV could definitely help matters with the removal of Ch7 from the country. The instability they are facing now is what's keeping the UN from removing them from CH7 and the sanctions that it imposes on their interaction with the rest of the worlds economies as a stable trading nation and recognized as such. SO I have to say that this COULD DEFINITELY HAPPEN BEFORE we would see them remove CH7 from everything I'm understanding at this point. It is NOT something that is controlled by the UN so it would not be something that would be able to keep it from happening.  [post 1 of 2...stay tuned]

3-1-2013  Newshound Guru BGG   Article:  "Central Bank denies the resignation of the governor from office agency"  It appears they are trying to put out the rumor that Turki is (or has) resigning as Gov of the CBI. It would not surprise me – however, let’s wait for a trend to develop in the news first. Secondly – they sound a little desperate. Usually, where there’s smoke – there’s fire. 2-28-2013  Intel Guru Okie_Oil_Man   [could the RV still happen tonight/tomorrow if banks are closed in Iraq for their holy day]   DON'T MATTER.  STILL AWAITING LANDING INSTRUCTIONS AND CLEARANCE AND IF I DON'T GET IT TONIGHT SURELY I WILL HAVE IT BY MORNING.

2-28-2013  Intel Guru Okie_Oil_Man    LOT'S OF AIR TRAFFIC TONIGHT BUT I HOPE TO BE LANDING LATE TONIGHT OR TOMORROW MORNING IF TRAFFIC CLEAR'S OUT-----WILL KEEP YOU INFORMED OF LATEST STATUS.   

2-28-2013   Intel Guru Frank26     THERE WILL BE NO DUTCH DISEASE, NO LOP, NO FLOAT...FOR THE IQD'S FUTURE. THE RATE SHALL BE SURPRISING.   I KNOW YOU LOOK FOR THE BUDGET ON MONDAY.  I CAN'T BELIEVE I FEEL 100% SURE THAT WE WILL SEE IT TUESDAY.  JACK BE NIMBLE BECAUSE JACK FROST CAN DELAY YET IN THIS CASE...JACK LEW IS QUICK.  [post 4 of 4]

2-28-2013   Intel Guru Frank26     DELTA TOLD YOU THEY WILL VOTE ON IT MONDAY.  BUT...MAY I TELL YOU THAT THERE IS NO NEED TO VOTE ON PASSING THE BUDGET BUT THERE IS A GREAT NEED TO VOTE ON THE RATE FOR THE 2013 BUDGET. GIVE THE PEOPLE THEIR EQUAL SHARE OF OIL REVENUES...THE HCL NEEDS A RATE APPROVED TO DO THIS.  IT WILL NOT TAKE T [TALABANI]  OR A BACK UP VP 15 DAYS TO SIGN IN THIS NEW RATE AND APPROVE THE FULL BUDGET.  T SAID HE WOULD BE BACK BY THE 10TH. NO, HE'S ALREADY BACK.  [post 3 of 4....stay tuned]

2-28-2013   Intel Guru Frank26     BASICALLY THEY SHOULD HAVE SAID WE ARE OUT OF CH7 AND THE UNSC WILL GO THROUGH IT'S FORMALITIES TO ANNOUNCE IT AND WE PREPARE TO ENTER ARTICLE 8 OF THE IMF. WHICH SAYS WE CANNOT USE ANY OTHER CURRENCY IN IRAQ EXCEPT FOR THE IQD. THE MINISTER OF PLANNING HOOKED UP WITH THE WORLD BANK THIS WEEK TO DISCUSS HOW TO PROTECT IRAQ'S MONEY. WHY? WHAT'S THE NEED AT 1166?  [post 2 of 4....stay tuned]

2-28-2013   Intel Guru Frank26    WHEN THE SO CALLED INAGURAL FLIGHT FROM IRAQ TO KUWAIT FOR THE FIRST TIME SINCE 1990 ARRIVED YESTERDAY THE KEYS TO IRAQ'S SHACKLES GOT OFF THE PLANE. THE FOREIGN MINISTER OF IRAQ, ZEBARI,  DECIDED TO SPILL THE BEANS AS HE WALKED UP TO THE MICROPHONES AND TOLD THE CITIZENS OF KUWAIT AND THEIR GOVERNMENT THAT THEY WERE COMPLETELY OUT OF CH7. WHY THE FALSE START?  BECAUSE THAT'S THEIR PATTERN.  [post 1 of 4....stay tuned]

2-28-2013  Intel Guru SteveI   Here is my answer to the question...about timing:  My guess now, day or two at the most. The CBI is ready to disburse the funds and the banks do have the lower currency ready all thru the country. Actually, it could be hours now that things have been delayed.  Our sources close to the action is not sure either. Not many people know that, but we do now know the process and who all is involved. We are very lucky to have the contacts that we have.  When I wrote the post last Sunday did I not tell you they were going to hold high level meetings this week and then vote the following. Yep, right on track and our guys are spot on again. I love it when a plan comes together.  [post 4 of 4]

2-28-2013  Intel Guru SteveI  Another thing I like is the fact that they are referencing the budget in the Billions and not Trillions. How they come up with these numbers I am not sure, but I am still holding my ground on the $3.41 number. The $3.41 is coming directly from the office of the OCC and the $3.45 came from a contact close to the parliament.  Now another factor is the Biden is discussing and assuring Iraq the Strategic Framework Agreement between the countries. Remember, the SFA call out for a strong currency in the region. Smart cards are returning calling it "Key Card" to be used outside of Iraq. That is huge also.  [post 3 of 4....stay tuned]

2-28-2013  Intel Guru SteveI   Remember, this the first time in the history of Iraq they actually closed the 2012 and accounted for the surplus and added it to the 2013. Just closing it alone is huge... I have actually never felt better.  I have seen major progress and I think that Maliki and the Defense budget is going to be ok.   I talked to one [contact] late last night they told me the citizens are starting to get out of control and now demanding results in the passing of the budget. I also know for a fact that the CBI is ready to go at a split second once given the work [word?] to start disbursing the funds. This tells me that the new rate will come very fast once this is approved.  [post 2 of 4....stay tuned]

2-28-2013  Intel Guru SteveI   For the first time in a while I now am getting some very good news from our contacts and after reading the news today, if there is no vote on Monday, then I foresee some major problems. When I say major, these will not be little ones that will go away.  From all the years I have been involved, this is the first budget that has been the focus of attention like nothing before. Therefore this tell me (other than what I already know) the new rate is in the budget and this is huge.  [post 1 of 4....stay tuned]

2-28-2013  Intel Guru Okie_Oil_Man    IT'S BEEN A VERY LONG FLIGHT---I AM VERY TIRED AND NOT AS QUICK RESPONSIVELY AS I SHOULD BE BUT I STILL THINK I CAN LAND THIS BIRD EVEN THO BLURRED EYED PRAY FOR A EXPEDIENT AND SUCCESSFUL LANDING FOR ME AS SOON AS I LAND THEN I WILL POST "THE POST" WE HAVE BEEN WAITING FOR.  I AM SO ACCUSTOMED TO CARRIER LANDINGS, I MAY NEED SOMEONE TO "CALL THE BALL" FOR ME EVEN THO I WILL BE LANDING ON RUNWAY.    [post 2 of 2]

2-28-2013  Intel Guru Okie_Oil_Man   GOOD EVENING AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIENDS. IT'S HARD TO FLY AND POST AT THE SAME TIME BUT I GUESS THIS IS A FIRST. I HAVE JUST PICKED UP THE OUTER MARKER AND AM REDUCING SPEED AND LETTING LANDING GEAR DOWN. I SHOULD BE LANDING SOON AFTER THE OUTER MARKER IS REACHED AND FIELD IS IN SIGHT. I WILL KEEP YOU INFORMED WHEN TO EXPECT LANDING. THIS IS A VERY ACTIVE FIELD AND MAY ENCOUNTER TRAFFIC AND HAVE TO AWAIT MY TURN TO LAND. I AM RUNNING LOW ON FUEL AND MAY BE GRANTED A PREFERENTIAL LANDING---IT'S ALL IN THE CONTROLLERS HAND'S NOW... I ONLY AWAITING MY TURN TO LAND--SHOULDN'T BE VERY LONG NOW.  [post 1 of 2....stay tuned]

2-28-2013  Newshound Guru Arthur  Article quote:  "Biden expressed his deep commitment of the United States and Permanent toward the United States partnership with Iraq under the Strategic Framework Agreement signed between them"  IN LIGHT OF EVERYTHING ELSE WE HAVE SEEN IN THE LAST FEW DAYS, THAT THE UNITED STATES IS RENEWING THESE COMMITMENTS SIGNED IN 2009 AT THIS TIME IS INTERESTING AND NOTEWORTHY.  ...THE AUTHORS OF THE PLAN [ARE] USING THE STRATEGIC FRAMEWORK AGREEMENT TO GUIDE IRAQ TO IT'S PROSPEROUS DESTINY, THE IMPLEMENTATIONS OF WHICH MUST INCLUDE A STRONG, INTERNATIONALLY TRADED, REVALUED IRAQI DINAR.

2-28-2013  Newshound Guru SWFloridaGuy    Along with the training, submitting a memorandum and additional negotiations they need to also have a convertible currency. The CBI's goal is for the IQD to go international. To do that they need to raise the value. The next step is to pass the budget and the HCL. As usual the timing/mechanism will always be an unknown factor but I do think it's in Iraq's best interest to move ahead with the economic reforms upon completion of those events. I'm optimistic that this coming period will bring us some much needed political/economic stability and reform.  [post 2 of 2]

2-28-2013  Newshound Guru SWFloridaGuy    There was a very encouraging statement from the Finance Committee calling on the GOI to promote the IQD in investment company dealings to support dedollarization and promote the strengthening of the national currency and economy. They also said "increase its value and enhance confidence." I don't think it's a coincidence that this coincides with senior Iraqi officials receiving intensive training on the multilateral trading system necessary for WTO accession and being instructed on the necessary additional steps to take.  [post 1 of 2....stay tuned]

2-28-2013  Intel Guru Delta   "URGENT FROM IRAQIA TV:  FINANCE COMMITTEE CALLS THE GOV TO FORCE INVESTMENT COMPANIES TO TRADE IN IQD"   THE ONLY WAY FOR THOSE COMPANIES TO USE DINAR, IT HAS TO BE TRADABLE...MORE VALUE RV...YOU CAN SAY ARTICLE 8.

2-28-2013 Newshound Guru Mountainman  Article quote:  "A member of the Committee on Energy and Oil parliamentary Furat al-Shara “The oil and gas law will pass before the middle of this year"    Finally some positive news about the HCL. It looks sometime between now and the next few months it will be resolved. It's directly connected to the passing of the budget and should follow shortly after. Everything is falling into place.  Most likely in the order of Budget, HCL, RV/RI/Float, Chapter VII then WTO.

2-28-2013  Intel Guru Wisdom    GONNA RUN WITH A THOUGHT HERE... dealing with the facts as I know them. SO we're hearing that they WILL be meeting...to pass laws and vote on the 2013 budget. That is a fact.  Question is....WILL THE RV be released upon the passing of the 2013 budget or do they need to have the RV to meet their budget as it's being passed for the year to cover all their bills?   There is the school of thought that the revaluation is NEEDED to support the budget for 2013 and so would have to happen with the passing of it before it could be a reality for Iraq to be able to meet it's expenses.

2-28-2013  Newshound Guru Arthur   Article:  "Parliamentary Finance Committee called on the government to impose the Iraqi dinar in the dealings of investment companies operating in the country with a view to supporting and strengthening of the local currency abroad."   I DON'T WANT TO GO AS FAR YET AS DECLARE THAT THIS ARTICLE CONSTITUTES THE RV, BUT I WILL SAY THIS IS A STUNNING DEVELOPMENT BY THE FINANCE COMMITTEE OF IRAQ. THEY ARE NOW IMPOSING THAT ALL INVESTMENT INTERNAL AND EXTERNAL BE DONE IN DINAR INSTEAD OF USD. THIS WORDING INTIMATES AN INTERNATIONAL CURRENCY AND A FLOATING IQD FOR IT TO HAVE THE CAPABILITY OF INCREASING IN VALUE BASED ON IT'S OWN COMPETITIVE VALUE THROUGHOUT THE WORLD WHICH SHOULD BE SUBSTANTIAL DUE TO THE VAST WEALTH OF IRAQ.

2-28-2013  Newshound Guru Adam Montana    [About 1 1/2 years ago with Shabs at the helm, the CBI adjusted the sell rate from 1170 to 1166...why 4 pips and why then? Why not 3 or 5 or 10 and why then?]   The CBI at that time said they did it because that was where the value should be... but those of us that were watching closely at the time know that there was a huge resistance to the move. Many said at the time that there was no reason to do it, that it would not make a difference, and quite honestly... like you said, what is the purpose of such a small move?  The purpose was, in my opinion, to show the world that they will move the rate however and whenever they want. The 4 pip move served absolutely no purpose other than just that - to prove that the CBI and only the CBI is in charge of the rate.

2-28-2013  Newshound/Intel Guru Bluedog   CBI will not sell USD to the citizens they can only buy 10,000 per month and only one day a week thru state banks and they need a passport now to do that - very difficult to get. Forcing them to revert to Dinar.   IMO, this will inflame the people so they must move fast to resolve the New CBI Laws ...RV'ing their currency... =RV.

2-28-2013  Intel Guru Blaino   ALL IN THE DINAR WORLD IS MOVING IN OUR DIRECTION...MANY THINGS ARE AFOOT IN THE DINAR WORLD AND ALL THE FOOTSTEPS ARE COMING OUR DIRECTION, CINCH UP YOUR SEATBELTS, I THINK THIS THING IS COMING IN HOT!

2-28-2013  Intel Guru TerryK    I JUST GOT A SOURCE CALLING THAT THE BANKS ARE GET CODES TONIGHT TO TELL THEM TO TURN THE CODES ON.  WE SHOULD SEE THIS TOMORROW.   THIS IS MY WF [WELLS FARGO] SOURCE.  HE IS WAITING ON THE EMAIL TO GO. THE EMAIL ONLY WILL COME AFTER CL [CHRISTINE LEGARDE] SPEAKS.   [Did you say if and when CL and O will make announcements.]   NO, SHE IS,  AND THERE WILL NOT BE ANYTHING POSTED ON TIMES OR LOCATION FOR SECURITY REASONS.  THEY HAVE BEEN WAITING FOR JACK LEW TO TAKE OFFICE AND THEY SIGNED HIM TODAY.  DID YOU ALL KNOW THAT JACK LEW TOOK CARE OF THE KUWAIT RV.

2-28-2013  Intel Guru Wisdom    Yes, I do believe we are on "Target" for this to happen... any time from tomorrow on! I do think that there is a "Possibility" from here on that we could see it in any order of ALL the items on the list I'd mentioned being passed, sooner or later, as they line up. I cannot in any way find a logical reason that this could not happen immediately. [post 3 of 3]

2-28-2013  Intel Guru Wisdom    Did that happen? Don't think it turned out the way he expected...Shabibi was solid on his demands that ERBIL MUST BE IN PLACE BEFORE THE RV would be allowed to happen. He's not there... has this released that promise? Not sure at this point, it may be that it was a way for Maliki to allow it to be pushed through without having to share the power between the other 2 presidents.  Erbil, Article 140, Chapter 7's removal to Article 8, the oil contracts, and a couple of other issues were on that list that I'd said NEEDED to be DONE and agreed upon to get the RV in place and released. Am I sticking by that list at this point.      [post 2 of 3....stay tuned]

2-28-2013  Intel Guru Wisdom   Does Erbil hold up the RV from taking place? I have to address this question because...there was a check list that I'd stood by of things that I believed needed to be in place before I would EXPECT the RV to show. Erbil was one of them on the top of that list. BUT...That was while Shabibi was in charge and the head of the CBI, now he's not.  My thoughts on that are that Maliki deliberately had him removed to get more control over the CBI and thus be able to get more funding for the Iraqi Government from the bank itself. [post 1 of 3....stay tuned]
2-27-2013  Newshound Guru Adam Montana    [how can Iraq take the three zeros off the value of the current 250 and 500 dinar bills they currently have. If they did so would that not totally render those billls totally worthless?]  You are describing a l0p - removing three 0s from a 250 note would make that note worth .25  and a 500 note would be .50  not worthless, but it doesn't make sense to do that... it serves no purpose, does not benefit Iraq, nor does it make daily transactions any easier. That is one of the reasons I don't buy into the l0p stories - unless they have a good reason to do it, I don't think they will.

2-27-2013  Newshound/Intel Guru Bluedog   Maliki has been told to stand aside...we got more on you then you know Ambassador told him...he may not return to Iraq for a while...watch the news coming days. [so we're good to go now for any day?]  yes, very good.  [looks like the end of the week should be our time...glory]   maybe sooner.  no announcement...now IMF will send signals but no announcement...just as KUWAIT did no one knew of it.

2-27-2013  Newshound Guru Eagle1    We've been fortunate enough to have some interesting inside contacts within the IMF who've provided us with some intel as they have been freed up to release it.  This information has not yet made the financial news, but here is a heads up for all of you on the group of currencies in the first "basket of currencies" out of the 168 scheduled for revaluation or devaluation.  Two of the currencies listed are two we've talked about and are very familiar with -- the IQD and the VND.  What is interesting about this list is that these two currencies are obviously revaluing either at the same time, or within days of each other. The IQD's revaluation is literally "moments away", if I can put it like that, and the Dong will follow almost immediately thereafter.

2-27-2013  Newshound Guru Adam Montana  So let's think this through...what are Iraq's options?  How could they possibly settle that debt to Kuwait and move forward as a completely sovereign and free nation? Quite easily, actually - small or big RV, write a check, and the rest is history. Bada bing, bada boom.  So that's pretty much all there is to say about the situation - budget is still delayed but once they compromise on the HCL matter it will pass. Chapter 7 is pending, and it is only held up by one matter. And honestly, it's not even that much money. All in all, things are looking good.   [post 3 of 3]

2-27-2013  Newshound Guru Adam Montana   The other thing to watch for is Chapter 7. Some are not as optimistic as others on this matter, but I believe the bottom line is they are 100% compliant in every way, even with regards to Kuwait.  However, Kuwait does not want to let them out from under Chapter 7 until they are 100% guaranteed that they will be repaid what they are owed.  you see, if Iraq is let out from under this deal they would then be able to reneg on their agreements, and nothing short of a full blown war could force them to honor their commitment. As things stand right now, Iraq is forced to continue to pay Kuwait, so obviously Kuwait wants it to stay that way.  [post 2 of 3....stay tuned]

2-27-2013  Newshound Guru Adam Montana   The budget is STILL delayed, the latest report is that they are to vote on Saturday. If you are wondering what the hold up is it's really tied to the HCL and the distribution of funds. The Kurds want more, the rest are putting up a fight.  Other than that, they are in agreement on pretty much everything.   They will get through their disagreements, and while I don't know if I believe the vote will be successful on Saturday - I would guess we are less than 2 weeks away from the final vote.  [post 1 of 3....stay tuned]

2-27-2013 Newshound Guru Mountainman   "Iraq, Kuwait agrees to shut down all outstanding issues in order to remove Iraq from Chapter VII; Technical issues will remain. Foreign Minister Zebari said Iraq would emerge completely from Chapter VII “except paragraphs relating to the Kuwaiti side.”  It looks like Iraq will finally be out of Chapter VII shortly after the resolution of some technical issues. I doubt the UNSC will release Iraq before they move forward with their economic reforms. So, this is a good sign the RV is close.

2-27-2013 Newshound Guru LoriC  I think the Ministry of Finance announcing it's undergoing some major administrative changes in the coming days is a sign that they are doing whatever it takes to get this done. As far as the budget, it's completely agreed upon except for some minor differences related to the amounts of oil companies operating in the Kurdistan region. I believe it will be passed very soon a few days to a week at the most. At that point I see no reason for us not to see our RV.

2-27-2013  Intel/Newshound Guru Poppy3  CHAPTER 7 WILL NOT BE LIFTED TILL AFTER THE RV. THIS WAS STATED TWO YEARS AGO ON THE UNITED NATIONS FLOOR THAT THEY WOULD NEED TO HAVE A TRADEABLE CURRENCY INTERNATIONALLY AND A STABLE COMPLETE GOI TO BE AUTOMATICALLY RELEASED FROM ALL SANCTIONS OF CHAPTER 7. NOW I HAVE NEVER HEARD OR READ ANYTHING DIFFERENT FROM THAT STATEMENT SINCE. GOT TO STAY WITH THAT TILL SOMEONE OFFICIAL SAYS DIFFERENT.  [post 1 of 2....stay tuned]

2-27-2013  Intel Guru Frank26   Maliki is neutralized.  Is Maliki in charge of the revaluation of the IQD.  Heaven's no, but he is in charge of the delay that will not allow the 2013 budget that has the rate in it to be exposed to the world.  But, Maliki who has become the enemy to the masses, do you see the masses complaining, arguing, yelling...no.  All of a sudden the masses have stopped.  Why, because a very high RV is about to occur to the currency and the people know this.

2-27-2013  Newshound/Intel Guru Bluedog    O [Obama] and CL [Christine Legarde] just take a sneaky credit for not telling the truth...making you think it was their procedures that brought the world back.  they will never say Iraq as they never said Kuwait.   it will happen and I hate the word soon but quickly now IMO.  TK [TerryK] has been giving you the straight info, just Hackers and terrorist and 2 border countries had to be worked out.   the US and IMF have it all figured out,  now let the RV out of the box.  [post 2 of 2] 

2-27-2013  Newshound/Intel Guru Bluedog   think about this, do you think for one moment the IMF that has been silent for so long about Iraq would let the 23rd go by and sit idle...you owe us...and how will you pay you know it has to be in Dinar...first payment do soon and now the protestors sit at Parliaments door, not Maliki cause hes on his way out.  they want the Budget done NOW.  UST was there and finished a lot, done, completed, it was a major step.  they are leaving Friday but all settled.  they closed off all monies to terrorist and to Iran and Syria ...DONE, needed to be.  yes your prize is anytime now.  [post 1 of 2....stay tuned]

2-27-2013  Intel Guru TerryK   I'M HEARING TOMORROW [WEDNESDAY] WITH A 24/48 HOUR SHOWING, THAT WOULD PUT US RIGHT AT FRIDAY.

2-27-2013  Newshound/Intel Guru Flashing   my sources are expecting something between tomorrow and saturday. just rumors.  after the recent articles and the one of today we are just in the final countdown.  imo,  the backwall is real and this needs to happen on or before may. so i am very happy and also like those rumors out there.  [see Flashing's post dated 2-26-13 for backwall information]  

2-27-2013  Newshound/Intel Guru BGG   Article:  "BAGHDAD / NINA / The leader of the Iraqiya coalition, the minister of finance, Rafie al-Issawi discussed with the Representative of the Secretary-General of the United Nations in Iraq Martin Kobler "developments in the political crisis in Iraq"  Interesting for 3 reasons...1) al-Issawi is referred to as the leader of the Iraqiya coalition.   2) He's the guy Maliki is most intent on having arrested right this minute...(as a counter measure to all going on against Maliki right now)  3) Kobler is meeting with al-Issawi - Wow??!? The UN stepping in...
2-26-2013  Newshound/Intel Guru Flashing   So based on that  I assume that the back wall for ch 7 is May 2013 too.  If you tied all the articles of the DFI Fund with the fact that the post of the High Level Coordinator wasn't renewed on December 2012  and to  the fact that the UNSC report on their  recommendations about ch 7 still pending , you can conclude that Iraq will be out of ch 7 very soon and not later than May 2013.  On the other hand it indicates that the rv is upon us.  [post 2 of 2]

2-26-2013  Newshound/Intel Guru Flashing   Article:  "Ministry of Planning discuss with World Bank strategy of cooperation for the protection of Iraqi funds after the end of the protection period U.S."    I have said before the back wall is May 2013...the last sentence of the above article ratifies what I have said before about the back wall for the rv.  On may  2013 the frozen funds of Iraq will be released and will be available for them, which means that sanction will be lifted. The last sentence clearly indicates that they will be released from ch 7 by that date. It read as follows:   "especially in the field of protection of Iraqi funds after the end of the U.S. protection and exit from Chapter VII International Report."  [post 1 of 2....stay tuned]

2-26-2013  Newshound/Intel Guru Bluedog   Maliki sent a formal letter to Parliament to disburse the fund to the Providences Yesterday and also they have been in meetings to up the price of oil in the Budget to over a 100.00 per barrel. World and regional Media was there Saturday for the Big Seminar on the 2013 Budget Implementation Procedures...many in attendance from the Region and the vote was passed on to further notice today...the Kurds are very happy now, so what's the hold up, IMO the announcement.  I am still excited as you all should be...

2-26-2013   Intel Guru TerryK   JUST HEARD CL [CHRISTINE LEGARDE] MAY NOT SPEAK TONIGHT.  PROBLEMS WITH [JACK] LEW COMING INTO OFFICE.  MAYBE TOMORROW.   SOMETHING ABOUT HIM BEING HELD UP FROM TAKING OFFICE, WHICH HE NEEDS TO TAKE OFFICE, FOR THE NEW CURRENCIES. JUST MORE FRICKIN DELAYS.  GO FIGURE, SORRY FOR THE BAD NEWS BUT IT'S SO CLOSE.

2-26-2013  Newshound Guru Bondlady    I'd like to bring in my number one favorite articles of the day.   can you say WTO?   "Baghdad again the tariff law BAGHDAD - Naseer Goldfinch Tuesday, February 26, 2013 Iraqi government decided to resume the tariff law in the form of partial fear of sudden swings in the prices of goods in the domestic market."  "Ministry of Planning and Development Cooperation Abdul-Zahra al-Hindawi said in a statement to Al-Hayat that the freezing of tariff law back to the Ministry of Finance, and Customs Authority implemented."  implemented! bring on iraqs currency too, tradeable world currency, internationally accepted!  almost there folks hang in there these are things on our check list had to be done.  rate change should happen too because i don't know how their going to tax the people on 1166...  things are looking good!

2-26-2013  Newshound/Intel Guru BGG   So the real timing of the RV is not in the budget, nor is it in a speech or a banking article.  Are these all good indicators?  Absolutely.  We want to watch these things.  Barzani is talking about a National Meeting.  How can you have a National Meeting with Maliki?  You can't.  Barzani already knows the outcome.  I don't see anything until this weekend.   It all depends on how directly they approach Maliki.  Friday is March 1st, one day past the deadline.  We will see a lot of stuff happen after that.  So, the real timeline is the one I gave already.  I said two weeks ago, 30 - 45 days, two weeks of that are gone & we are right in that window. Let's see what happens over the weekend, keep you eyes on the news.  It will all happen right in front of you.  That is the real timeline for the RV, barring some major catastrophe.  [post 2 of 2]

2-26-2013  Newshound/Intel Guru BGG   "The Real Timing For The Iraqi RV"  A couple of weeks ago I said the timeline was 30 - 45 days out.  I believe that this is a real investment & anything can happen and I believe we are getting closer to the end & that timeline is a very valid timeline.  I believe Maliki had been given a specific timeline by a group of players, one of which is the U.S., I believe, by the end of the month to get this thing straightened out.  If he doesn't I suspect they will go after him.  There was all this build up about the budget and then yesterday, no budget.  They are going to put off on the budget until after the 1st.  So, the bottom line is, it isn't about the budget, the budget is already figured out.  What they are doing is they want to see if Maliki is going to do what he said he was going to do.  We all know that he is not.  [post 1 of 2....stay tuned]

2-26-2013  Intel/Newshound Guru Poppy3  [via BGG]   We have similar information from a security contact from the Kurdistan region said a lot of construction going on everywhere in Bagdad and from an aerial view it was breathtaking.  A lot going on there, some political unrest.  The short story is it is moving forward correctly.  Poppy3 has a state contact that believes, barring any catastrophe, is convinced the next couple of weeks are very interesting, that this is the right time for this thing to happen.  [post 2 of 2]

2-26-2013  Intel/Newshound Guru Poppy3   [via BGG]   The delegation Poppy3 was talking about was a UST and an IMF delegation.  Part is back and part is still there.  A Middle Eastern gentleman that has been talking to a mutual friend of ours for quite some time, someone we trust, showed up over the weekend.  He recently went through Bagdad and said the progress is breathtaking, it looks like a boom town and they have done this on a limited budget.  When they open the budgets it will be amazing. They are planning to move back to Bagdad once the political unrest is taken care of and the financial structure is back in place so they can operate their business effectively.  They are geared up to move back in the near future.  The information he relayed and this is his opinion that this financial occurrence is probably in the next couple of weeks and that's what has him excited.  That's not necessarily mine or Poppy3's opinion.   [post 1 of 2....stay tuned]

2-26-2013  Newshound/Intel Guru Bluedog     Article:  "Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, the importance of handling the national currency, the Iraqi dinar in the commercial and investment operations to support and promote confidence in foreign dealings"  Seems to me Turki has just met with Cabinet on investment support mechanisms Iraqi dinar currency...the UST and World Bank are there discussing Currency...and Parliament waiting for word to expose the Budget.

2-26-2013  Newshound Guru Shredd   we have all this proof and so much more that iraq is growing in wealth, infrastructure, and at this growing rate, the true value of what the dinar COULD be at continues to grow respectively so, imo, we can project that the longer the delay in starting the new exchange rate regime the greater it will emerge, it's logical.  they are growing, like Bondlady says, in spite of themselves so, even though we don't see the program rate change, the fact is, the real value is growing day by day.

2-26-2013  Newshound/Intel Guru Flashing   imo, we are in a great momentum . there are great rumors about this week particularly from wednesday thru saturday as i said before. but remember just rumors.  nobody knows the exact date or rate but trust me we are doing very well. the real drivers are telling us how great we are doing.  [you seem to be a little more excited tonite than before.]  well, i have became familiar with documents and articles that are making me very happy.
Read more: http://www.dinarguru.com/index.html#ixzz2MOuEAT00

2-25-2013  Newshound/Intel Guru BGG   I'll give you a hint - they won't do a thing on the budget until after Friday for "___________________" (fill in the blank) excuse and that is 03/01...after that - look out.

2-25-2013  Newshound Guru Arthur   Article:  "Hassan al-Bayati: YOU MUST DEAL IN IRAQI DINARS in investment and business processes to support"  THIS ARTICLE SPEAKS FOR ITSELF. IT SHOWS THAT THEY ARE IN PROCESS OF DEALING DIRECTLY IN AN RV'D IQD INSTEAD OF THE USD AND THAT SOMETHING HAPPENED ON THE 16TH OF FEBRUARY TO FACILITATE THAT HAPPENING.

2-25-2013  Newshound/Intel Guru Flashing    the most relevant paragraph is # 3 in which they stated  "calling to rely on all insider dinar and foreign to increase its value and enhance the confidence of the world and be a competitor of international currencies."  This means that they will increase the value of the dinar.  Implicitly they  are also saying it will become tradable and with a reasonable value,  because that is the only way the dinar will become a competitor of international currencies and at the same time that will help to enhance the confidence of the world on it.  So one more time let me tell you that everything is great.  We are on the right track...   [post 2 of 2]

2-25-2013  Newshound/Intel Guru Flashing   Article:  "You must deal in Iraqi dinars in investment and business processes to support Baghdad"  the above article is very meaningful for us...the first paragraph is talking about the importance of handling the national currency in the commercial and investments operations. So what they are saying is that they will be replacing the us dollars for dinars.  [post 1 of 2....stay tuned]

2-25-2013  Newshound/Intel Guru BGG   Article:  "Dispute over paying dues of oil companies in KR unsettled yet, says Jumaili"    Soooo – late last nite there were numerous reports of the blocs agreeing to both the budget and an agreement in place between the KRG and Baghdad regarding payment of oil contracts and revenues. It all looked very promising – then this morning (our morning) there seems to be a significant hold-up on all fronts. The IS is even talking about possibly retracting from the government all together. This tells me whatever is going on is much bigger than just the budget.

2-25-2013  Intel Guru BOBGETZ6   It is my understanding that the budget has already passed. What is next is anyone's question.

2-25-2013   Intel Guru TerryK   JUST GOT A CALL, CL [CHRISTINE LEGARDE] CANCELED HER SPEECH FOR TODAY BUT IS GOING TO DO IT TOMORROW WITH O [OBAMA] GOING ON AFTER HER. JUST SHARING.  IM BEING TOLD THIS AS WELL, IMF IS NOT POSTING ANYTHING ABOUT WHAT SHE IS GOING TO DO OR WHEN OR WHERE ONLY DUE TO WHAT SHE IS ABOUT TO SAY, SO I HAVE BEEN TOLD BUT ONLY AFTER O [OBAMA] TALKS.  THEN 24/48 HOURS TO SEE.  THEY WILL NOT SAY RV, THEY WILL TALK ABOUT ECONOMIC RECOVERY PLAN.

2-25-2013  Newshound Guru Shredd   this is how I look at the project to delete the zeros...by the time they start the process of removing the zeros, the rate would have to be on par with the dollar, the free float just doesn't make sense from the perspective of managing the administrative side of it.  2013 is the staging year, imo.  the biggest indication we have recently is from the CBI...stating that the exchange rate will be 1000 to 1.  so, perhaps that will be the only move until they remove the zeros, thus bringing it to 1-1 or perhaps that is the first move we just don't know...if we are allowed to wait, the value will grow strong greater than 3.

2-25-2013 Newhound Guru 8Ball  [Iraq will take very important decisions during the next two days] - Barzani returns...Maliki's government cannot pass a budget - due to money owed from previous years and also % of oil revenue...only 85 seats in Paraliment voted to pass the 2013 budget this is Maliki's party only...Allawi's party says no to the budget...Kurds party says no to the budget...Sadr party says no to the budget..These three parties if joined can create a majority in Parliament  and if Barzani assumes Talibani's President of Iraq position we just may...... move forward......

2-25-2013  Newshound Guru Arthur   THEY ARE NOW GIVING THEMSELVES A DEADLINE OF TOMORROW TO GET THIS DONE WHICH IS GOOD. THEY ARE IN OPEN SESSION AND ANOTHER ARTICLE SAYS IF THEY WORK THE NUMBERS OUT THEY WILL HAVE AN EMERGENCY SESSION AND STILL VOTE ON THIS SO WE ARE STILL IN VERY GOOD SHAPE. THERE IS ALWAYS A DISCRENCY IN THE TRANSLATION OF THE WORD "NEXT" AS TO WHETHER THEY MEAN THIS TUESDAY OR LITERALLY NEXT TUESDAY SO WE WILL WAIT ON FURTHER INFO TO SEE WHAT THEY ACTUALLY MEAN.  [post 2 of 2]

2-25-2013  Newshound Guru Arthur   Article:  "Urgent. Iraq remains an open house session and date to Tuesday to resolve the budget"  THIS ARTICLE TELLS US THAT THE GOI IS NOT RECOGNIZING THE CONSTITUTIONALITY OF PAYING THE OIL CONTRACTS OF KURDISTAN OUT OF THIS BUDGET. THEY ARE IN THE PROCESS OF DOING SOME KINDA WORK AROUND TO MAKE THE NUMBERS WORK BUT IT ISN'T THE EASIEST THING IN THE WORLD TO DO.  [post 1 of 2....stay tuned]

2-25-2013  Newshound Guru Administrator Bob   The news over the weekend was very good.  Continued political progress and a heavy dose of economic articles.  You cannot help but think Iraq is on the verge of greatness.

2-25-2013  Intel Guru Bluwolf   While we wait to exhale, we see some speak of budgets and relate it to the international release. Some relate it to the current U.S. sequester. Some are seeing looking on Tuesday. Some speak of announcements from certain heads of state or of economical bank organization heads. But seriously all is silent and this is the way it will maintain itself until the banks and brokers receive their emails with the GO. Thou I must assure you that we are on a minute to minute alert no one can ascertain or interrelate anything with what is to be the international release of all currencies (198), but rest assure that the rates shall be fabulous.

2-25-2013  Intel Guru TerryK   JUST GOT OFF THE PHONE WITH SOURCE.  SO WHAT THEY ARE SAYING IS THAT CL [CHRISTINE LEGARDE] IS TO SPEAK TODAY AND THEN THE RV LOOKS LIKE TOMORROW, AFTER O [OBAMA] TALKS.  TOMORROW AFTERNOON, IS WHAT I HAVE BEEN TOLD, IT'S A TALK ON ECONOMIC REFORM OR ECONOMIC RECOVERY PLAN.  SO, ALOT OF STUFF IN RENO GOING ON WITH IMF AND UST.   JUST WANTED TO SHARE THE EXCITEMENT.

2-25-2013  Newshound Guru Doc   The other big thing this report confirms is the current budget being discussed uses the current program exchange rate of 1166  and not the $3+ so many are emphatically reporting.  For the $3+ number to be true the budget would be more like 30 billion dinar.  Once again math dispels rumor.  We also know the budget is not a prerequisite for the RV although it would be welcomed if it and the other fundamentals got approved in short order.   We report, you decide   [post 2 of 2]

2-25-2013  Newshound Guru Doc   A recent article quoted the World Bank as questioning Iraq's assumption of $90 per barrel as being too aggressive.  Specifically Ms Helen of the World Bank said "budgeting on a barrel of oil specified by $90 without exercise may lead to shock for Iraq".  The article went on to say the budget was 138 trillion dinar.  This outside source confirms a couple of things namely the previous reports of the budget being 138 billion dinar are in fact in error as we reported.  [post 1 of 2....stay tuned]

2-25-2013  Newshound Guru Doc   The other big thing this report confirms is the current budget being discussed uses the current program exchange rate of 1166  and not the $3+ so many are emphatically reporting.  For the $3+ number to be true the budget would be more like 30 billion dinar.  Once again math dispels rumor.  We also know the budget is not a prerequisite for the RV although it would be welcomed if it and the other fundamentals got approved in short order.   We report, you decide   [post 2 of 2]

2-25-2013  Newshound Guru Doc   A recent article quoted the World Bank as questioning Iraq's assumption of $90 per barrel as being too aggressive.  Specifically Ms Helen of the World Bank said "budgeting on a barrel of oil specified by $90 without exercise may lead to shock for Iraq".  The article went on to say the budget was 138 trillion dinar.  This outside source confirms a couple of things namely the previous reports of the budget being 138 billion dinar are in fact in error as we reported.  [post 1 of 2....stay tuned] 2-24-2013  Intel Guru TerryK   WE ARE WAITING FOR CL [CHRISTINE LEGARDE] TO SPEAK TOMORROW...AFTERNOON.  O [OBAMA] WILL SPEAK...TUESDAY, RV WILL BE TUESDAY NIGHT SO I HAVE BEEN TOLD.  RATES HAVE NOT BEEN DISCUSSED TODAY.  NOW WF [WELLS FARGO] CONTACT IS ALL EXCITED. UST STILL IN LOCKDOWN.  BUT LIKE EVERYTHING KEEP AS RUMOR.

2-24-2013  Intel/Newshound Guru Poppy3   maliki has thugs in the streets attacking protestors and beating people.  the demonstrators are all turning against him and reports today is the people are calling him saddam incarnated. IT APEERS THE CITIZENS HAVE ALL SEEN THE LIGHT NOW AND THE FUTURE FOR MALIKI IS BLEEK TO SAY THE LEAST.  AT SOME TIME IN THE FUTURE HE WILL BE TOAST I DON'T THINK HE CAN SURVIVE THIS IN ANY WAY EVEN IF HE CAVES IN AND SAYS HE WILL PLAY BALL WITH THE LEADERS.

2-24-2013  Intel Guru Wisdom   The only reason I come in here is...to let you folks know what exactly I'm hearing and where I think we stand. Blaino and I talk constantly to compare notes if things start lining up...and they do right now. SO there IS Potential for this to be released soon. NO ONE KNOWS exactly what the   prerequisites are for this to go LIVE...but I have ALWAYS stood by the list I believe had to be done before this was able to happen. Now things are not so certain, and in OUR FAVOR!! It's just how things are lining up, without Shabibi in control of the CBI, Erbil is still on the list just doesn't have to be in place before this happens, whereas before it was. They're meeting for Erbil in a couple of weeks anyways, so it is still close no matter what.

2-24-2013 Newshound Guru Mountainman   Tomorrow could be a huge day for Iraq if they can pass the budget. The blocs have apparently reached an agreement and although they've said this before, I do feel like they have got it resolved this time. If they pass the budget the HCL will probably follow relatively shortly thereafter. If the leaders of Iraq are going to win over the people before the election, they need to get some work done.

2-24-2013  Newshound Guru Med   Article:  "Raed al-Hashemi: The process of deletion of zeros is a  necessary step for administrative reform of the currency (IRIN)"  GREAT ARTICLE.  SHOWS THAT WE ARE STILL IN THE GAME.   NOW THE DIFFERENCE IN THINKING IS THIS:  SHABIBI FELT IT SEEMS THAT HE COULD RV ANYTIME, THAT HE HAD MADE THE DINAR STRONG ENOUGH  AND HIS STATUS IN CBI WAS ENOUGH TO MAKE THINGS WORK.  BUT THOSE IN THE GOI, IT APPEARS, HAVE A SOMEWHAT WESTERN ATTITUDE STABILITY LIMIT CORRUPTION TO PUT IT IN MOTION.  BUT IT ALSO SEEMS TO MAKE IT ALSO A SEMI URGENCY EVEN THOUGH THERE ARE SOME DRAWBACKS IT APPEARS THAT THEY DONT PLAN ON HOLDING OFF TOO MUCH LONGER.

2-24-2013  Intel/Newshound Guru Poppy3   THINGS COMING TOGETHER.  I KNEW THINGS WOULD START MOVING WHEN OUR PEOPLE WHERE OUT.   NOW SAY BUDGET ALL IN AGREEMENT AGAIN.  WILL VOTE TOMORROW FOR APPROVAL.

2-24-2013 Newshound Guru Tlar    To go to a float at this time when the currency is 1166 makes no sense and is counter productive to what the bank has been doing over the last 6 months. This process is ongoing and the result is, it is dollarizing Iraq as we all know. The CBI is retiring dinar.  They are not expanding the numbers of dinar out there in circulation.  Iraq would be better served IMHO to just do what they have said they were going to do since 2009. Drop the zeros.   I think that this would be a major mistake on Iraq's part if they just float the currency.  I personally think that's why they are waiting.  I believe the first move we see when the dinar goes international and moves to an article VIII currency, will be the removal of 3 zeros off the exchange rate. Not before.   Having said that, its Iraq.  Up until now, they have never acted in their own best interest.

2-24-2013  Newshound Guru Kaperoni   Article:  "Parliamentary Finance: this year will not attend any currency exchange or delete Ocefarha"   If you took this article at face value (nothing is going to happen), then you would have to say Iraq has really gotten themselves into a real economic bind (quagmire).  The Paris Club dept benchmarks would not be met, IMF Stand-by-Agreement would not be met, and the 2nd phase of the Strategic Framework Agreement appears to be not met and we would see Iraq's money from DFI being unprotected as May 22nd and open to all past creditors.  And there would be no need to send high level CoM officials for WTO training Feb 28-March 1st or discuss implementation of tariffs.   Oh, and the new ISX custodial bank from Kuwait NBK.   All of which is currently pushing forward.   I choose to look at all this, and say we are close!

2-24-2013  Intel/Newshound Guru Poppy3    GOT A TEXT THIS MORNING THAT 4 DIGNITARIES LANDED BACK IN WASHINGTON.   THEY ONLY SAW 4 AND NOT 6 MEANING 2 OTHERS OR MORE COULD HAVE FLOWN TO THEIR HOME STATES OR MAY STILL BE IN IRAQ???  THIS MAY BE A SIGN THEY ARE ALL OUT OF IRAQ. TIME WILL TELL BUT IT SURE WAS GOOD TO HEAR. I AM ENCOURAGED WE MAY SEE GOOD MOVEMENT THIS WEEK. [See Poppy3 post dated 2-22-2013 referencing "OUR DIGNITARIES"  in Iraq]

2-24-2013  Newshound Guru Shredd   look at the whole premise behind the paris club, there was confidence in iraq 8 years ago a ton of wealth to be had.  and remember, our main "window" into iraq is the newspapers most of them are akin to the Enquirer!  so, we gotta take all the political stuff in that light and not let us get it down.  i fully believe that if we truly knew what was going on in iraq politically/economically, we'd find it hard to sleep out of excitement but we only see a small part and find out about things once they are done.  [post 2 of 2]

2-24-2013  Newshound Guru Shredd   [will countries get to a point where thry will just totally give up on them totally, you think?]   never.  just like most of us dont sell our dinar out of frustration of the delays, the global economic community will not give up on iraq because they know the potential and it's huge.   governments need its people to succeed financially to generate taxes produce spend...and companies coming into iraq will generate cash flow.  so, no one is going to give up on iraq. [post 1 of 2....stay tuned]

2-24-2013  Intel Guru TerryK   UST STILL IN LOCK DOWN.  ACCORDING TO SOURCES ITS DONE, COOKED, READY.  JUST SOMEONE NEEDS TO PULL IT OFF OF GRILL.  [We had been hearing mid 3's for a while now. Did the mid 5s just come up to day?]  NAH, HAD IT A FEW DAYS AGO, 5.86.  [do you think that is an actual rate or a place holder??]  I THINK 6.18.  SOURCES HAVE SAID 25-28TH.  2-23-2013  Intel Guru SteveI   I will absolutely guarantee you the new rate is in the budget and it is within a few pennies of what I shared in the past. Absolutely, positively, 100% sure.  I am absolutely positive on my comment, statement, etc. regarding the new rate. I will not back down, not now, not ever on this one. All the "want a be" people that says it will be anywhere from 10 cents to under a dollar can kiss my grits. That is what Alice would have said so I kept it clean.  This is probably the only reason I have given this my all and will hang in there until the end as I know what the end is.  [see SteveI post in the Dinar Guru Archives dated 2-7-2013 for his rate information]

2-23-2013  Intel Guru TerryK   FROM WHAT I HEARD TODAY THINGS ARE ON TRACK FOR SUNDAY NIGHT LATE...WE SHALL SEE.   NO LATER THAN 28TH, WHAT IM TOLD.

2-23-2013  Intel Guru Okie_Oil_Man   WHILE IRAQ IS STILL GETTING THEIR ACT TOGETHER IT WILL TAKE AN ORGANIZATION LIKE THE I.M.F. TO FORCE THE ISSUE. I FEEL QUITE COMFORTABLE WITH WHERE WE NOW STAND IN REGARD'S TO THE CURRENCY EVALUATION FORTHCOMING FROM THE I.M.F. --THEN IT WILL FILTER THRU TO US  [IYHO, do you think the budget is waiting on the RV?]  NO EFFECT ON WHETHER THEY PASS THE BUDGET OR NOT.  REST ASSURED WE ARE IN THE RIGHT PLACE AND THE RIGHT TIME.  [post 2 of 2]

2-23-2013  Intel Guru Okie_Oil_Man  GOOD SATURDAY NIGHT AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIEND'S. WELL- I HAVE STATED MANY TIMES AND I THOUGHT IT WOULD HAVE SOAKED IN BY NOW THAT---IRAQ TURNED THE AUTHORITY TO EVALUATE THE VALUE OF THEIR CURRENCY OVER TO THE I.M.F. SEVERAL MONTH'S AGO.  ONE MORE TIME--WHILE IT IS OF HISTORIC INTEREST WHAT IS GOING ON IN IRAQ PROPER--IT WILL HAVE NOR HAS HAD ANY EFFECT ON THE RE-EVALUATION OF THEIR CURRENCY. TO PROVE A POINT--LOOK AT THE DE-EVALUATION THE I.M.F. INCURRED ON SEVERAL COUNTRIES JUST LAST WEEK. I'M QUITE SURE THESE COUNTRIES HAD NO SAY SO IN THE DETERMINATION OF THE VALUE OF THEIR CURRENCY.   [post 1 of 2....stay tuned]

2-23-2013  Intel Guru SteveI      My guess is that they will hold more meetings and hash this out, in the mean time the country will lose 27 Million dollars per day and the citizens will continue to suffer.  From what I have read and what we have been told, most all laws that need to do this has been approved and implemented. So the next step is activation of the new value from the 2013 budget and we are on our way.  I probably do not need to reassure you again, but it will in due time be the best investment of your life. It is coming...   [post 2 of 2]

2-23-2013  Intel Guru SteveI    As you are well aware by now the vote did not take place again. At the last minute there were more disputes and differences that neither party could set aside and move on.  I can give you one hint, they refuse to give the budget back to Maliki to disperse at his will.  You will read news from the media that they will vote again on Monday, which at best would be a 5% chance.  Until they get past their differences it simply will not happen for at least a minimum of probably two weeks. I just do not see it this week. [post 1 of 2....stay tuned]

2-23-2013  Intel/Newshound Guru Poppy3    Another contact said that as of this past Thursday, the banks told the people that they will no longer sell dinar of any denomination  in Kuwait.  This is from 2 banks that shared that information.  We don't know why, this is something that could be an indication that maybe we will see something soon.   Once our group is gone I don't think they will put it off.  I think we will see movement in several different areas.  This thing should wake up real soon & it's going to be some exciting times.  [post 4 of 4]

2-23-2013  Intel/Newshound Guru Poppy3    I will give you 2 good rumors, but this is from a solid contact.  This gentleman just left the middle east, he is a very well to do person, holds tons of dinar & I'm sure he talked to dignitaries of some kind that he is associated with there.  He went right through Bagdad, he hadn't been there in 2 years & he said he was amazed how they have refurbished bombed out buildings & said that Bagdad is a modern beautiful city.  He indicated that he couldn't give any time or date but we should relax about the dinar, it's going to happen.  The people of Iraq are preparing for it.  It may take another week or so and he said we are in a great situation right now.  [post 3 of 4....stay tuned]

2-23-2013  Intel/Newshound Guru Poppy3    Turki was turned down as far as the IMF working with him, but he is the person they have been making decisions with & the person they have been going to about the CBI.  What part he has been relieved of, we just don't know until the information becomes clear on his status. Some members of Parliament are asking Turki to step down.  I think we should wait a day or 2 to see what comes of that situation.   We do know Shabibi is still working with the IMF.  I think once Maliki is nullified, you will see Shabibi, if he wants to, back as the governor of the CBI  in Iraq.  [post 2 of 4....stay tuned]

2-23-2013  Intel/Newshound Guru Poppy3   The vote on the budget has been put off 4 or 5 times & they have postponed Parliament.  As I said, they will not have any meeting while our people are there.  They don't want their people to think they did something because the U.S. said to do it or any other outside entity said to do it.  They want to operate their own government.  Yes, they are struggling at it, that's their mode of operation, but they have made progress or are making progress on a daily basis.   [post 1 of 4....stay tuned]

2-23-2013  Newshound Guru Tlar   Article:  "Article - CBI reveals issuing currency class 100 thousand dinars"    Maliki does not have to be gone to see significant movement on the dinar.  He just only has to be nuetered.  I think we are witnessing that as we speak.  He has not been invited to the Erbil talks. As Maliki's power wanes, Turki's grows.  Turki will decide where the dinar is in terms of value unimpieded by Maliki.   Turki will pop the valuation when he thinks its right knowing full well the misson of the bank is investment in  Iraq and growth of the economy.

2-23-2013  Intel Guru TerryK   MY PEEPS ARE STILL STAYING FIRM ON SUNDAY.  [If it happens Sunday when do you think we will be able to exchange?]  NOT TILL MONDAY OR TUESDAY.

2-23-2013  Newshound Guru Shredd   this part is key: With a custodian of this caliber on board, the ISX is now in a position to mobilize significant amounts of foreign capital.   the door is open for SAFE efficient trading and holdings of scuritized debt.   this is evidence of what we've been saying so many players ready to join in when the time was right and these players aren't gonna come to the table too early and now...their confidence in iraq is obvious.  [post 2 of 2]

2-23-2013  Newshound Guru Shredd   Article:   "Custodian Bank, ISX, National Bank of Kuwait In a move that is likely to mark the start of a new era for the Iraq Stock Exchange (ISX), National Bank of Kuwait (NBK) has begun offering custody services for ISX-listed shares through its 80%-held subsidiary Credit Bank of Iraq."   At last the door is open for large institutional investors to enter the Iraqi market....  [post 1 of 2....stay tuned]

2-23-2013  Intel Guru Blaino   [Blaino,  can you say in plan english if you are saying weeks months or even years.]   DAYS, HOURS,.. 'SOON'   i have no indications that rates will be dramatically different than those issued from this keyboard recently... Mid $3's for the 'leader' and in the 'half a buck' zone for the 'follower'...If that changes, i'll ADVISE.  i have no negative or delaying information at all whatsoever!" none! Nada!  zip, zero, flat NOTHING. 2-22-2013  Newshound/Intel Guru BGG   Article:  "Jaafary discuss dues of Oil Foreign Firms working in KR with representatives of INA, KA"   IT APPEARS THAT ONE OF THE MAJOR PUBLISHED OBSTACLES TO THE BUDGET APPROVAL MAY BE RESOLVED ACCORDING TO THIS ARTICLE.

2-22-2013  Intel/Newshound Guru Poppy3   I TOLD EVERYONE FOR ALMOST 4 YEARS NO MEETING WILL BE HELD, NO PROGRESS WILL BE MADE AND NO ONE IN IRAQ WILL DO ANYTHING GOVERNMENT WISE TILL OUR DIGNITARIES ARE OUT OF THEIR COUNTRY REGARDLESS OF DEADLINES ETC. THEY WILL NEVER ALLOW PERCEPTION OF THE IRAQ PEOPLE TO THINK THEY LET THE USA INFLUENCE ANYTHING THEY HAVE DONE.   HAVE CALL IN TO FIND OUT WHEN THEY WILL BE LEAVING FOR HOME.  I HAD THOUGHT THEY WOULD HEAD HOME TODAY,  AT LEAST I WAS HOPING . SHOULD HEAR TONIGHT IF THE INFO IS AVAILABLE.

2-22-2013 Intel Guru OCrush   So, we are looking at another opportunity tomorrow.  Let us pray they stop playing politics and focus on what is really needed in Iraq, economic stability for the people.  My cousin said Nujaifi has fired a warning shot over the blocs,  basically telling them if this does not get approved I will throw the budget back to the governance (council of ministers).  Basically starting over.  Now this tactic could work if the blocs feel he is serious and he is!    All we can say is, no one knows what the blocs are going to do at the last minute. Let's not forget, this budget has the final tallys from the past budgets.  This was never done before.  SIT BACK! RELAX! ENJOY THE RIDE!  IT WILL COME.  :)

2-22-2013  Newshound Guru Doc   All information we have received to date suggests we still have several weeks or more until official budget approval.  We are aware that one article said this Saturday but it has been delayed over and over again.  Remember too the budget by itself does not necessarily trigger the RV.  We are hopeful the Kurds will prevail and with the budget we will see the real fundamentals in place to support the RV like the HCL to name one.  As always only time will tell for sure.  We report, you decide.  [post 3 of 3]

2-22-2013  Newshound Guru Doc  What appears to be going on is an internal and external attack on Maliki.  We have always said he was the biggest road block to all progress in Iraq.  Recent events continue to support this opinion.  The Kurds continue to hold hostage the budget with what we believe the ultimate goal is HCL approval.  Recent articles suggest other blocs are doing the same for their pet projects.  We can feel the vice being tightened from both ends squeezing Maliki.  We continue that this is good for us.  [post 2 of 3....stay tuned]

2-22-2013  Newshound Guru Doc   It looks like the international community has finally had enough.  We reported in our last update we were hearing rumblings that this was in fact the case.  Now we see that the DFI monies will not be protected past May.  The UN tried to get Iraq's attention but with little results.  We really like the fact that the international community is now hitting Iraq where it hurts - in the pocket book.  Remember the value of the DFI is in the neighborhood of 1 trillion USD.  We have to believe that if this doesn't get their attention nothing will.  We can hear Iraq being told it is now time to put on your big boy panties and act like a real country and not a penny anti dictatorship.  [post 1 of 3....stay tuned]

2-22-2013  Newshound Guru Shredd  "Can't Iraq just keep on going like they have been and do all business in US Dollars?"  First of all, without an internationally tradable currency, Iraq is walled off from the globalized financial system, thus raising the cost of business and increasing risk and uncertainty in the economy.  Here's another big point: Without an international currency, you cannot manage your risks in the efficient ways that have become the standard in countries with internationally tradable currencies. Lastly, companies in the developing countries would have to enter the global competition with a crucial disadvantage...we can see for ourselves that investment is growing, infrastructure is building and measurable progress is taking place in Iraq.

2-22-2013  Newshound Guru Breitling    IMO, they are going to turn the IQD into a phenomenal internationally traded currency with real value behind it.  It's a beautiful thing.  One of these days there is going to be a hard revaluation, go up one big shot, even though we can handle it pipping up.  It's going to happen and you guys are sitting on it.  For us there is nothing better.   [post 4 of 4]

2-22-2013  Newshound Guru Breitling    Look at their timing.  They could revalue today, but what is the risk to do that?  They don't have the infrastructure up 100%, it might be too big of a risk for them to do that.  They need this to last for a very long time.  There is not going to be an in country revaluation.  It's going to be an internationally traded currency and a foreign currency reserve.  That's how they are setting it up.  That's why they haven't revalued yet because they want a long lasting infrastructure and that's it.  They are still on cue.   [post 3 of 4....stay tuned]

2-22-2013  Newshound Guru Breitling   So, here we are today trying to figure what they are doing today.  They are talking about making the dinar relevant on an international scale.  They are creating the perfect storm.  Iraq knows exactly what's coming, in 200 years down the road if you were to be able to move forward, I guarantee that the dinar will be more of a success story than the USD.  That's how much I believe in the infrastructure that they are putting up & what they are doing.  The reality is they are trying to make the currency that we have more relevant. They like the idea that we have their currency.  [post 2 of 4....stay tuned]

2-22-2013  Newshound Guru Breitling   I still haven't seen anything negative coming out of Iraq as far as infrastructure or anything that points to our investment.  Articles came out and talked about how they are structuring the dinar for future use.  Articles have come out and said Shabibi talked about how the dinar will be a foreign currency reserve.  So, that means the dinar is going to be so stable and have such good value that central banks of other countries are going to take the dinar, put it in a central bank, store it and it will add value to their currency.   [post 1 of 4....stay tuned]

2-22-2013  Newshound Guru Adam Montana    Right now Iraq is under minimal political pressure - the UN huffs and puffs but there is no real CONSEQUENCE to their actions or inactions. Iraq is going to move when they have to, or when they want to... and it will be for money. One way or another.
2-21-2013  Intel Guru TerryK   EVERYTHING IS READY RIGHT NOW. UST IS IN LOCKDOWN AGAIN.  THEY CAME OUT LAST WEEK.  THEY WENT IN TODAY.  I HAVE BEEN TOLD THIS WEEKEND LOOKS SHARP BUT HEY YOUR DEALING WITH COUNTIES  AND GOVERNMENTS THAT DONT MAKE ANY LOGIC AT ALL.

2-21-2013  Newshound/Intel Guru BGG   The point is Iraq is running out of money and if you look at these marker dates they all have to do with money.  I believe the real reason this budget is not getting done is because Najafi is putting the financial screws to Maliki one last time, making sure that it is as uncomfortable for him as absolutely possible.  It all boils down to money.  Without the budget he's got nothing.  They are putting this budget vote off to see what Maliki is going to do.

2-21-2013  Newshound/Intel Guru BGG     I am very optimistic for the next short period of time.  There are a couple of dates that are interesting to look at.  Obviously this 23rd date, a loan deadline & the end of the month that Randy [Koonce] spoke about is probably legitimate.  Exxon is pretty much tired of dealing with Bagdad.  So, we are looking at this 23rd date and the end of this month, those are both interesting timelines.  I like everything I see here, anything is possible.

2-21-2013  Intel Guru Blaino   watch for some news and updates later this evening! All is not as it seems, then it is, THEN...Clarification later!

2-21-2013  Newshound Guru Bondlady   the 23rd is a important date but it's not an rv date like many...say.   its a mandate that they have been allowed to get extensions on for years just like the dfi funds and frozen assets, that deadline is coming also in may.  the dfi funds, usa is saying no more protection before when they would ask for extensions on the mandates, also 2/23 that last one was i believe to be the very last extension.  always before they would ask weeks in advance for an extension.   we've seen nothing of that, so i think it's a go.  [post 2 of 2]

2-21-2013  Newshound Guru Bondlady   Article:  "A senior political source revealed about the intention of the U.S. administration to inform the Iraqi government a message that the U.S. government is concerned monetary and financial developments taking place in the country."   they don't want to give them anymore extensions per the dfi funds and frozen assets, they want them to pull there bloomers up and accept responsibility for their debts and their money and their country and people.  [post 1 of 2....stay tuned]

2-21-2013  Newshound/Intel Guru BGG   [BGG, you mentioned last Sunday on your call that you expected some big news to be announced in the next several days. Did the news happen?]  Barzani calling for a National Meeting is pretty big news...I was looking for a bit bigger - but that will do for now.

2-21-2013  Intel Guru OKIE_OIL_MAN    GOOD THURSDAY AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIENDS. HISTORICALLY IN THE PAST I HAVE GIVEN INTEL A LITTLE AHEAD OF THE CURVE, SOMETIME'S AS MUCH AS A WEEK AHEAD OF THE ACTUAL OCCURANCE. IT APPEAR'S THAT THIS HAS HAPPENED AGAIN WHEN I MADE THE STATEMENT ABOUT THIS BEING THE WEEK OF HISTORICAL IMPORTANCE. IT NOW APPEAR'S THAT I WAS ABOUT A WEEK AHEAD OF SCHEDULE AGAIN. DUE TO UNFORSEEN CIRCUMSTANCES THAT HAS JUST NOW BECAME APPARENT. I WISH TO RETRACT THIS WEEK STATEMENT AND PROJECT THE SAME MESSAGE FOR THIS COMING WEEK. KEEP THE FAITH AND PRAYER'S GOING UP.

2-21-13 Newshound Guru Mountainman   Article: "CBI: Heading to Issue Banknote of 100 Thousand Iraqi Dinars Shortly. Mohammed Saleh, who is the adviser of the Central Bank of Iraq, said that the Iraqi currency is required to get expanded, and they are working to issue currency Banknote of 100 thousand dinars."  This is a great sign for us that a rate change is on the way.

2-21-2013 Newshound/Intel Guru BGG   Article: "Lafi warns Baghdad from trying to arrest him." This is literally – an amazing time in Iraq. Maliki’s gang is in “full damage control” mode lately – spending much of their resources devoted to attempting to quell the riots going on all over the country. The people are speaking – the GOI just isn’t listening yet. They actually tried to arrest this cleric (for his anti-gov’t sermons) and al-Alwani’s bodyguard stepped in and put the K-bosh to that noise!! 

2-21-2013  Newshound Guru Bondlady   watch for the things we know we need like hcl art 140 and monetary change, we check each item off and move on to the next. like i said iraq has only one chance to do things right, they are not used to that and they aren't used to freedom either.  saddam never allowed them to fight like they do now but then again he was a dictator. they are expressing their freedoms, let them and they will finally realize how to get it together but its going be on iraqs sun dial not our timex's.

2-21-2013  Newshound Guru Adam Montana  [Why can't the Kurds just name a replacement for Talabani? What is so difficult it can't be done? This ain't rocket science.]   My answer is "strategy". They are in complete control, whenever they need to do it they will simply do it. Like you say, it's not rocket science.

2-21-2013  Newshound/Intel Guru Randy Koonce   [via clay & Cat-in-the-hat]   should be out before march, all docs signed on the 29th of Dec and we are just waiting on the confirmed date of RV.  Maliki told Exxon he would be done before the end of FEB...and Iraq needs Exxon bad and if he does not they will just go to the Kurds.

2-21-2013  Intel Guru Bulldog75   IMF AND INTERPOL FROM COURT ORDERS DOING WHAT THEY NEED TO DO TO MAKE THIS EVENT SAFE, FAIR AND PROFITABLE FOR THE HONEST CITIZENS ON THE PLANET.  TIME IS OF THE ESSENCE. EUROPE, IRAQ, MID EAST ETC CANNOT WAIT FOR EVER WITH THEIR SITUATIONS. EVERYONE IS BEING CHOKED; LITTLE OXYGEN LEFT IN THE TANKS.  

2-21-2013  Newshound Guru Bondlady    a few years ago when we 1st started seeing the 100,000 iqd articles we didn't think it would be that good of a thing back then and this article resurfaced, why because they are discussing this right now as always when you see recycled articles these are things they are immediately working on and the reason its resurfacing now is because they are talking to each other basically saying isnt this the way to go? if your not going to be releasing the lower denoms anytime soon shouldn't we release this note to make transactions easier and to slow down the use of the usd.  so if they decide to do it this way  then imo they 000 are coming off the rate and not the currency.

2-21-2013  Intel Guru OCrush   They are completing the final version of the budget.  They are ALL in agreement...YIPPEEE!  We might actually see this thing done tomorrow!  My cousin...is excited!!  He also said many good laws will pass with it.  I didn't press the matter, we shall find out in a few hours!  I sent him the article that Rec V posted ...and this was his reaction:  "Wow!!!  Holy smokes the Antiquities Law!!!   This is the law that has the lower denoms law attached to it!!!   HOLY COWS!!!   ITS ALL COMING TOGETHER!!"  I think the antiquities law has the power share for the iraqis.  The education law has the project delete the zeros (lower D's).  What a coinsidence to have the Antiquities Law and the Budget law to be voted on the same day!!!   I AM VERY EXCITED!!!

2-21-2013  Intel Guru TerryK   WE ARE VERY VERY CLOSE.   CL [CHRISTINE LEGARDE] IS TO MAKE AN ANNOUNCEMENT IN THE NEXT FEW DAYS.  THEY (GOVERNMENT) DO NOT WANT ME TO ANNOUNCE WHERE SHE WILL BE - SECURITY REASONS - SO YOU HAVE TO UNDERSTAND THAT, OK?  WOW,   JUST GOT ANOTHER CALL.   SOUNDS LIKE THIS WEEKEND IS STRONG.  SOME THINGS JUST  HAPPENED ACCORDING TO CALLER.  SO LET'S CROSS OUR FINGERS.  SOUNDS LIKE TUESDAY IS THE DAY.

2-21-2013  Newshound/Intel Guru BGG   It will RV once the power is balanced...and it looks like Maliki isn't calling the shots anymore.

2-21-2013  Intel Guru Okie_Oil_Man   [via SAMBO]  GOOD EVENING ALL - JUST A LITTLE UPDATE - I TALKED WITH OKIE AND HE DID NOT HAVE ANY NEW INFO BUT ASKED ME TO RE POST HIS NOTE FROM MONDAY  "THIS APPEAR'S TO BE A WEEK OF SUCH HISTORICAL IMPORTANCE THAT YOUR GREAT GRANDCHILDREN WILL READ ABOUT IT IN THEIR HISTORY BOOK'S 100 YEAR'S FROM NOW----NUFF SAID!!!"
Read more: http://www.dinarguru.com/index.html#ixzz2M1OY3itQ

2-20-2013 Newshound Guru Kaperoni   What the IMF stated was... "The extension will, in particular, provide time for discussions on fiscal policies for the remainder of 2012 and on measures to improve the functioning of the exchange regime."  There is no way to know how big that window is that the IMF granted Iraq to get it implemented.  With the US letter indicating that they will not protect Iraqi money after May 22nd, it appears that it is rather small.  I would expect Iraq will pass the laws, implement the exchange regime (float) and open the economy in rather short order...IMO, we are close to the value changing.  Two great articles yesterday gives us solid ground to stand on.     [post 2 of 2]

2-20-2013  Newshound Guru Kaperoni   Article:  "Alfalh expected to vote on the budget at Thursday's meeting"  Thursday should be a success.  Kurds passed the budget so all is good.   Baghdad should have enough for a quorum and get it done.  They then can focus on a basket of economic laws to pass over the next few weeks.   Though Feb 23rd (IMF SBA deadline) is a substantial date, no where did it say the "exchange regime" had to be in place and functional that I am aware of.  [post 1 of 2....stay tuned]

2-20-2013  Newshound Guru Adam Montana   [in regards to the amount of dinar currently in circulation? It's estimated to be around...?]  This has been tossed around for years now... unfortunately we have no reliable way of knowing this figure. The CBI could tell us, but they are under no obligation to do so, and they are very tight-lipped about it. Who cares what the exact number is? If Iraq is going to continue to move forward, and they continue to increase the value, and they eventually RV... I don't care how much is in currency. I DO care how much is in my safe! :lol:   [post 2 of 2]

2-20-2013  Newshound Guru Adam Montana  [Are they just printing up more and more pretty paper to sell, as to suck in more of our (and other country) dollars?]  There's not as much dinar outside of Iraq as one would think. When you are surrounded by dinar investors, it is easy to think that "everyone has dinar!" - but that's simply not the case.  [post 1 of 2....stay tuned]

2-20-2013  Newshound Guru Tlar   Once they increase the value of dinar, if both these pariah countries are just about devoid of dinar, Iran and Syria will not be able to afford the new higher value dinar effectively muting any chance for these countries to gain from the move.  They will not profit from the move of the revaluation.  IMO this is the UN/US strategy. With the auctions at around the $100 million dollars a day range it is obvious that Syria and Iran are running out of dinars.  Once they run out there will be a lot of pressure on Iraq to revalue the dinar and by just the number of dinars that the bank bough and retired, the new value should be a good one.  Iran and Syria's economy will be majorly affected and neither will be able continue to be supported by the dinar.  [post 2 of 2]

2-20-2013  Newshound Guru Tlar   Article  "CBI fails to prevent the laundering operations and dollar smuggling to Syria and Iran"   This is a good thing for us as long as the currency being sold by Iran and Syria is non-counterfiet dinars that they are buying dollars with.  I say keep cleaning them out.  We know the USD they are buying is going back to their respective countries.  They would not be selling their dinar if they could not smuggle it home.  I hope the banks continue to cash dinars from both these countries.  The CBI is buying back the dinar that Iran and Syria obtained through the contracts of favored trading partners signed by Maliki. [post 1 of 2....stay tuned]

2-20-2013  Newshound Guru Kaperoni   Article:  "Finance Committee: budget are ready for a vote on Thursday"  Now that the kurds have signed off on the budget, this should pass on Thursday...we should see a basket of laws pass within a few weeks after.

2-20-2013  Intel/Newshound Guru Poppy3   gold continues to fall. the upcoming rv will continue to drive it down and if all will remember what POPPY3 HAS BEEN SAYING FOR 3 PLUS YEARS...THAT PEOPLE PAYING THE HIGH PRICES FOR GOLD WOULD LOSE.  IT WAS OVER $2000.00 AND CLIMBING AT THAT TIME----WHEN THE RV HITS THE DOLLAR WILL RISE AND GOLD WILL DROP LIKE A ROCK. READ THE HISTORY OF GOLD IN RELATION OF THE DOLLAR.   WILL SHOW WHAT IS TO COME.

2-20-2013  Newshound Guru Adam Montana   My personal opinion on our situation is still positive for the same reasons as last week. With this talk of an upcoming revaluation from 1166 to 1000:1, it's not hard to imagine all of the ways this is good. Not only is it an immediate increase, a great way to begin encouraging ALL Iraqis to carry IQD instead of USD, and could open the door for much bigger gains... it's also solid proof that we are holding a winning ticket. Not much more you can ask for at this point, other than the actual RV!!!!

2-20-2013  Intel Guru SteveI   I just got word that there will be no vote in this session. Maybe Thursday they will try again and that is a huge maybe. Kurds are at it again with more demands, so until someone steps up to the plate and says "NO MORE", then it will be a while longer.  Now for the good news, they are still working on getting this done. Also good news, please correct me if I am wrong, but they will need to open up the budget to repay the IMF...Stand-By Arrangement (SBA).   Now that the bad news and good news was presented, here is the great news, NO BUDGET, NO MONEY!

2-20-2013  Intel Guru Frank26    This will not touch their reserves, in fact, it will increase their reserves.  How is the CBI going to make money now?  Because, they are going to sell the lower denoms to the banks at a much better rate.  The Iraqi citizens will not become rich millionaires but the currency will have stability and security.  It looks like they are being mean to the Iraqi citizens. No.  They are controlling their money, preventing the laundering of the money.  I love what they are doing.  This is high technology, this is high tech protection for a currency that is about to go up in value.  Why would they use their currency when they hate it if they were not about to add value to it.  [post 4 of 4]

2-20-2013  Intel Guru Frank26    I hope you understand the power behind this. Why are they doing this?  Because they are trying the force the citizens to stop using foreign currency, because they are about to introduce the lower denominations.  Do you see a similarity here?  How much are you allowed to get from a bank here?  $10,000 a day.  The same banking systems that you see world wide, you are now seeing in Iraq and the announcement was made today [Tuesday].   [post 3 of 4....stay tuned]

2-20-2013  Intel Guru Frank26   When you do a transaction you cannot use your ID card any longer, instead you have to use a passport.  It takes months to get a passport if they can afford one.  They have tied their hand and their feet.  There will be a uniformity to acquire hard cash.  They will allow you to have foreign currency under these limitations, but you cannot go to any bank on any day.  It will be a specific bank on a specific day.  This makes it almost impossible to get USD.  This is to force the Iraqi citizens to give up the USD and say yes to the IQD.  [post 2 of 4....stay tuned]

2-20-2013  Intel Guru Frank26   Three days ago an announcement was made to the Iraqi citizens and is on the CBI website, the Arabic side.  The CBI has told the Iraqi citizens they will no longer be selling hard cash to the citizens and the CBI will no longer sell them foreign currency.  If you want foreign currency you have to go to the State Banks or Islamic Banks. Also, you will no longer be able to take out 50,000 USD or any other foreign currency per day as you did in the days of Shabibi.  It is no longer accessible to you within 24 hours, you will now be limited to only 10,000 of a foreign currency per month.  [post 1 of 4....stay tuned]

2-20-2013  Newshound Guru Tlar   IMO...this is why most likely these companies don't fear the threats of no more contracts with Bagdad if they sign directly with Kurdistan.  It's just cheaper to explore, develop and produce in Kurdistan.  These companies by pass the upfront blackmail charged charged by Bagdad, Shahristani in particular.  They make more money in with less hassles in Kurdistan without having to pay the billions upfront to get a contract. [post 2 of 2]

2-20-2013  Newshound Guru Tlar   Pretty soon unless Bagdad changes their attitude, there will be nobody left to do oil business with Bagdad and Kurdistan will be producing, transporting, and delivering as much oil as the government of Iraq.  This is a good thing because sooner or later Bagdad, Shahristani in particular, will have to accept the HCL and Kurdistans contracts in place, or he misses out.  [post 1 of 2....stay tuned]

2-20-2013  Newshound Guru Mailman17      NOW,  DID IRAQ (NOT INCLUDING OLD MALIKI) KNOW THIS WAS COMING?   I THINK THEY DID.  HENCE THE PUSH ON THE ART 140, HCL,  ECT.   BUT,  I BELIEVE THIS IS A WARNING TO IRAQ THAT NO DELAYS WILL BE TOLERATED, NOT EVEN A DAY, IMO.   THE POWERS TO BE HAVE HAD IT. ITS TIME TO PLAY HARD BALL.  I ACTUALLY FEEL GREAT ABOUT THIS HAPPENING AND HAPPENING REAL QUICK.  NOW ITS TICK TOCK TIME, IMO.

2-20-2013  Newshound Guru Mailman17    THE WORLD IS GONNA HIT THEM WHERE IT HURTS THE MOST...THE POCKETBOOK, FEB 23, LOAN DUE...NO EXTENSION.  BOTH ASSETS ABROAD AND NOW IT SEEMS EVEN THE DFI THAT WAS PROTECTED BY THE US IS ALSO UP FOR GRABS.   BOUT TIME THEY FIGURED OUT THE ONLY WAY TO HURT THESE GUYS IS TAKE THEIR MONEY.  THOSE INVOLVED WITH IRAQS PROSPERITY, IMO, HAVE FINALLY SAID ENOUGH.  NO MORE THREATS, NO MORE PROMISES YOU NEVER INTEND TO KEEP,  BAM, ENOUGH IS ENOUGH.  [post 1 of 2....stay tuned] 2-19-2013 *** Dinar Guru BREAKING NEWS *** An article just surfaced...a high political source leaked the US Treasury and US Federal Reserve delegation will hand deliver a letter informing the Government of Iraq they are concerned about Iraq's financial developments and the U.S. will NOT renew DFI fund protection...the essence of the American message boils down to that the U.S. administration is not interested in the protection of Iraqi funds in the account of the Development Fund for Iraq “DFI” of the Iraqi Ministry of Finance. The source added that the U.S. administration would raise her hand to protect Iraqi funds in the month of May 2013, explaining that he will inform the Iraqi government’s decision not to renew according to an official letter."  If this holds...it means unless Iraq has agreements in place with disgruntled countries, businesses and individuals before May 2013 BILLIONS of Iraqi funds will be vulnerable.  Stay tuned...the gurus will comment on the ramifications (good and bad) of this major news leak and how it effects your investment!
2-19-2013  Intel Guru Frank26     LAST NIGHT DELTA'S TEAM EXPLODED WITH EXCITEMENT...NO ONE ON THE NET IS AWARE OF WHAT WE ARE ABOUT TO RELEASE TONIGHT FROM THE CBI. AS WE TOLD YOU SHABIBI WAS, IS, BUT NEVER SHALL BE INVOLVED IN THE LIFTING OF THE 000'S OF THE IRAQI CURRENCY EVER AGAIN. HE IS WORKING RIGHT NOW BY PROXY THROUGH TURKI TO ACCOMPLISH WHAT THE 2013 BUDGET AND THE GOI ALONG WITH THE EXPLOSIVE ECONOMIC FUTURE THAT IRAQ REQUIRES IN THE YEAR OF OUR LORD...2013.   [post 2 of 2] 

2-19-2013  Intel Guru Frank26   LAST NIGHT AROUND 3AM EST. THE CBI RELEASED A MAJOR ANNOUNCEMENT THAT IS EXTREMELY VITAL TO OCCUR BEFORE THE RELEASE OF THE NEW RATE INTO THE 2013 BUDGET!!!  WHERE AS YOU THINK THERE IS ANOTHER DELAY TODAY...THERE IS NOT.  I KEEP TELLING YOU THE BUDGET IS DONE. THINGS THAT ARE NONE OF OUR BUSINESS ARE STILL NONE OF OUR BUSINESS UNTIL THEY CONSIDER IT TO BE SO.  [post 1 of 2....stay tuned]

2-19-2013  Intel Guru Flashing   if u take a time and see how governmental accounting work u may notice that the rv could happen before or after or they may include it on the budget.  The RV rate established or anticipated may influence the budget, but the budget does not influence the rate.  im still waiting for the washington meeting but it is just my opinion. i am convinced that we will have our rv soon but i have received information that the best window for this month is next week...again i still thinking we are doing great and we will see it soon but imo not this week.  [post 2 of 2]

2-19-2013  Intel Guru Flashing    rumors are great about this month but u know the accuracy rate of rumors is low, rumors are anytime now. my personal opinion is different... i personally make a bet that there will be no rv this week... i hope to be wrong but i doubt it...dealers still saying this month but they are hesitating.   imo, the back wall will be the date in which the frozen funds will be released and will be available for use by iraq. so that means may 2013...the rv could happen before as long as the pending protocols being done...pending matters related to meetings and signatures of documents...it is just my opinion. i am not saying it will not happen before may,  i said the backwall is may.  [post 1 of 2....stay tuned]

2-19-2013  Newshound/Intel Guru BGG   Article:  "Nouri al-Maliki offers bribes to MPs to save him from falling"  It would appear Maliki is doing everything he can (not even stopping short of bribery and extortion) to maintain his tenuous hold on the Iraqi Prime Ministership. Primarily pointed out in this article is his aim to bribe those of the opposition probable to vote against him when the time comes (as in soon).

2-19-2013  Intel Guru Blaino   "REVALUATION WARNING!...Dinaricon Alert level 5+...due to freshly received intel in the last few minutes.

2-19-2013  Newshound Guru Kaperoni   Article:  "Three major Iraqi banks are preparing to protest against the central bank governor and describes"  The banks cannot make a profit.  Banks are not lending (to risky) and nobody is depositing any money.  The CBIs auctions (including all banks) is there way of helping banks survive.  At least with the auctions, they make a commission on dollars sold (which all Iraqi’s want).  With the promise of international investment, convertibility, and a free market economy all stalled, these banks have nothing.  Do you all remember that bank a few months ago that was selling cars to survive?   IMO, This is a real mess and the CBI needs to just take control of monetary policy and stop letting Maliki interfere.

2-19-2013  Newshound Guru Joey   [via RVme]  They have Maliki in an uncomfortable position. Maliki can't hold back The House of Representatives passing laws...they're going after 24 more corrupt judges and most likely they're already gone. Also the Integrity Commission is watching Maliki's every move.

2-19-2013  Newshound Guru Doc    What is most encouraging is that our sources and news reports are starting to line up.  It appears Iraq is under tremendous pressure from the outside to live up to its potential.  Also things like chapter 7 and WTO are being used as a leverage point by the international community.  Our opinion is to watch how things unfold concerning Maliki.  It appears the other key issues are ready to go on paper and the world is awaiting the power sharing scheme to become real.  We do not know which will come first but agree with others that all the issues will most likely be suddenly resolved pretty close to each other.  Based on media and other sources we still believe it to be several weeks or longer before all the dominoes are aligned.  We report, you decide.  [post 3 of 3]

2-19-2013  Newshound Guru Doc  The really encouraging news is that the core fundamentals appear to be lining up nicely.  Much news has detailed work toward HCL, WTO, banking laws, chapter 7 and most importantly neutralizing Maliki.  Many have suggested if a stable GOI is required for a RV then we will never see it since Iraq will never be stable.  What these fail to understand is Shabibi defined stable as a power sharing system which we all know Maliki has fought tooth and nail to prevent.  The recent news suggests a true power sharing GOI is in the works.  Also as we speculated 2 weeks ago it is now pretty obvious the Kurds have linked the HCL to the budget for negotiation purposes.     [post 2 of 3....stay tuned]

2-19-2013  Newshound Guru Doc   We encourage everyone to take a deep breath and quit getting caught up in the minutia of a single event...there is not one event that will "trigger" currency reform and especially not the budget.  Budgets have come and gone without the RV and this one could easily be no different.  We need to remember the goal is to have Iraq's economic fundamentals strong for the long term.  To get there things like a stable GOI, secure assets (HCL), banking laws, etc.. need to be in place.  As we have speculated and we continue to believe many of these will come quickly together once the first domino falls.  Yes, the budget could be in the "dominoes" but it is not the exclusive event for the RV.  [post 1 of 3....stay tuned]

2-19-2013  Intel Guru OCrush   The other blocs are fine, its the kurds and the national alliance that are still negotiating.  The good thing is Nujaifi is presiding so there is a good chance this will finish today.....[ADDED COMMENT] Word is the NA and the Kurds have agreed.  They will have there prayers and hopefully go back for the vote.  This is Nujaifis choice.  He wants everyone to feel comfortable.  He may postpone it till tomorrow or thursday.  Don't forget this is the second to last hurdle, once they pass the budget they need to make sure everything else is in place (laws).  Timing is everything! 

2-19-2013  Newshound Guru Med   Article:  "Urgent .. Channel Iraq: Al-Maliki calls for Barzani to visit Baghdad"  BARZANI WILL NEVER GO TO BAGHDAD HE WILL FIND A WAY TO ARREST HIM.

2-19-2013  Newshound Guru Phoenix3333  Parliament postponed today's session to Thursday, February 21st for lack of a quorum and the lack of agreement on budget. Just my opinion...But, I don't expect to hear about the budget passing until after the markets are closed on Friday. If they actually pass it, which they better do very soon. 

2-19-2013  Intel Guru American Contractor   Regarding the Iraqi dinar currency situation, there has not been any signs of uplifting the suspension of the printing of the new Iraq dinar currency. A finance committee meeting will commence in Late March or early April to determine the status of the printing of the new currency. Be aware that, this is not to be mistaken as a sign that something is going to happen in March or April.   [post 3 of 3]

2-19-2013  Intel Guru American Contractor     The Kurds are disgruntled with the Iraq central government. The Kurds had previously maintained the national budget at 17% and now PM Maliki wants to cut it to a mere 12%.  The cut is estimated to be costing hundreds of millions of dollars. The intention is to fund services and projects. The reason behind the cuts is to compensate for the deficit when the Kurdistan Regional Government (KRG) decided to stop paying the central government in oil sales.  ExxonMobile has made a corporate decision to drill in northern section of Iraq and is contemplating on giving up the oil fields in the southern part.  [post 2 of 3....stay tuned]

2-19-2013  Intel Guru American Contractor   [long, long time, no see] There has been major conflict between the Shia, Sunni, Kurds, along with the Iraqi government that is causing a rift in passing the Iraq national budget. There are many other hurdles in the process of getting a national budget passed in Iraq.  For starters, there is a parade of non-stop protests in Iraqi cities calling for the ouster of PM Maliki.  In the meantime, PM Maliki will hold onto power and look forward to the next national elections in 2014. There are Iraq politicians carefully taking sides and others who are just watching the current situation unfold. Most politicians are refraining from participating in anything related to government affairs, such as passing a bill. They are fearful of alienating themselves should a new power government powers step up. The typical Iraqi politician is very cautious in who he aligns himself with as it could result in a loss of employment or demotion from a high level position from within the central government.  [post 1 of 3....stay tuned]

2-19-2013  Intel/Newshound Guru Poppy3   I TOLD EVERYONE THERE WOULD BE ZERO ACCOMPLISHMENTS WHILE OUR PEOPLE ARE THERE. PARLIAMENT POSTPONED TILL THURSDAY AND IF OUR...DIGNITARIES ARE STILL THERE THEY WILL POSTPONE AGAIN MAYBE ALL THE WAY TO NEXT WEEK.  WHEN OUR PEOPLE LEAVE IRAQ WE WILL SEE SOME FURTHER PROGRESS.

2-19-2013   Intel Guru Delta   [via Leo]  a free float will never work for Iraq because Iraq only has oil to export and oil is tied to the dollar.  when the rate comes out it will basically shock a lot of people in a good way...I might be wrong!!  I like to give you one last thing to think about, Iraq told the CBI they are going to print 28 billion dinar .. with a population of about 32 million people with a GDP of about 120 billion for the year .. in order to do that the rate has to be over $3.00 .. everyone will be happy .. don't listen to those articles .. Iraq government and the media did a excellent job misleading a lot of people nation wide and around the country.

2-19-2013  Intel Guru TerryK   [article: "CBI is working to issue currency class of 100 thousand dinars soon; Urgent need for coin Posted: February 18, 2013 in Iraqi Dinar/Politics"]  IT'S SMOKE. IT'S A OLD ARTICLE SENT OUT AGAIN.

2-19-2013  Intel Guru Bulldog75   [what's your take on the Dong?]   .33 IS A NICE NUMBER.

2-19-2013  Newshound Guru Joey  [via RVme]  The Kurds said Sunday Barzani will release an initiative to call the National Meeting which will occur in March to gather all political blocs and settle crisis.  They have 2 calendars in Iraq. February and March are considered the SAME month.  If all the delegations arrive next week, then why isn't Barzani going to be in the country? Barzani will be in Moscow February 19-23. She says they already told us they...had a meeting. She says makes ya wonder, doesn't it?  2-18-2013  Intel Guru TerryK    I HEAR THAT THE RATE IS FLUXUATING ACCORDING TO SOME, NOT SO BY OTHERS. I'M HEARING THE 22 AND THEN THE 25.  I'M HEARING NOTHING HAS CHANGED AND TONIGHT THINGS ARE TO MOVE, FROM MAIN SOURCE.  NOW I DID HEAR THIS, FOREX SITE WENT BLANK FOR ABOUT 10 MIN TODAY.  CL [CHRISTINE LEGARDE] WENT TO RUSSIA AND NOTHING WAS DONE.  [post 2 of 2]

2-18-2013  Intel Guru TerryK     I GOT YESTERDAY THAT THIS MAY PUSH OUT A FEW DAYS FROM ONE SOURCE, THIS SOURCE IS A GOOD ONE...BUT DON'T FRET ITS COMING.  NOW THE OTHER SOURCE IS TELLING ME AT ANY MOMENT AND HE IS IN THE KNOW, SO I GUESS WE WAIT AND TRY TO SEE HOW THIS PANS OUT.  [post 1 of 2....stay tuned]

2-18-2013  Newshound Guru Tlar    Article:  "CBI reveals issuing currency class 100 thousand dinars soon  02/12/2013  Palm - central bank adviser said the Iraqi "appearance of Mohammed Saleh" that the Iraqi currency need to expand and we will issue a currency class 100 thousand dinars."    This article is bogus.  To print a 100,000 note and not print the smaller denominations make no sense.  They have been pulling the 3 zero notes out of circulation since April of 2011.  This would mean that the denominations would be 100,000, 1000, 250' 100'.  It doesn't even work on paper unless they re-release the 3 zero notes, the 5000, 10000, and 25000.  Kap [Kaperoni] you are spot on,  IMO.  The article is screwy and deceptive.  Hmmm.  Deceptive, as it certainly would "discourage" some one looking to invest in the currency.  

2-18-2013  Newshound Guru Kaperoni   Article:  "CBI reveals issuing currency class 100 thousand dinars soon  02/12/2013  Palm - central bank adviser said the Iraqi "appearance of Mohammed Saleh" that the Iraqi currency need to expand and we will issue a currency class 100 thousand dinars."   This is a strange article.  Saleh is not at the CBI anymore, yet it mentions former CBI Shabibi.  The article was posted and dated yesterday and but appears to be old information.  Go figure.  Unless they are just trying to keep attention on the currency in Iraq.  And the reference to 100,000 dinar is easy because Iraqi's would understand.  When in reality, it's a 100 dinar.

2-18-2013   Newshound Guru Bondlady   i personally firmly believed and still do... that before we could ever see an rv there was at least 3 major things that had to happen first:  1 -  implement article 140,   2 - hydro carbon law and   3 - monetary change.   2 weeks ago i found the hcl article where it said they tirelessly worked on the hcl until it was finally ready for its first reading in parliament, we have article 140 pretty much a done deal, checks are supposed to go out tomorrow to pay compensation or the beginning of paying out but major check disbursement, kuwaits got settled 500 million USD for their airway/ airlines and after 22 years now have flights to and from kuwait to bagdad,  and then tomorrow i believe the budget will pass and because they have fought over it for basically 6 months already it should be activated within 15 days after its passed provided that no one files any new amendments to it which i dont think they will.   some very good news out lately... good things coming i think.  [post 2 of 2]

2-18-2013  Newshound Guru Bondlady    Article:  "Issuing currency class 100 thousand dinars soon |on 18.02.2013 | Author Ali Hussein | ---BAGHDAD / electronic integrity The adviser said the Iraqi Central Bank the appearance of Mohammed"   Saleh, said that "the Iraqi currency needs to expand, and we will work on issuing currency class 100 thousand dinars."    IF this is true then their not going to release the ld's imo their going to continue on with the notes we have right now which imo means the 000's will be coming off the rate and not the notes.   a year ago, when the articles said all through the years the zeros would come off 1 by 1 as the economy improved,  i think this is really whats happening here if that article is true...this is what we want to happen, no freakin lop...if they were to take it off the money we wanted ours to be face value at least.  [post 1 of 2....stay tuned]

2-18-2013  Intel Guru Okie_Oil_Man   THIS APPEARS TO BE A WEEK OF SUCH HISTORICAL IMPORTANCE THAT YOUR GREAT GRANDCHILDREN WILL READ ABOUT IT IN THEIR HISTORY BOOK'S 100 YEAR'S FROM NOW----NUFF SAID!!!

2-18-2013  Intel Guru OCrush   The budget quorum still remains open in parliament and once the kurds are satisfied Nujaifi will bring it to the floor for a vote and if all goes well he will give it his blessing.  The Kurdish parliament also approved there budget but it still needs the blessing from there president to make it official. Negotiations are very active between them (open letters)  and the un delegation are the mediators.  As far as the surplus goes they inked a 25% deal of the oil proceeds for the kurdish provinces.  The Barzani Initiative, with the help of the US, will change the political landscape and they will truly have a democracy that follow the laws of there constitution.  [post 2 of 2]

2-18-2013  Intel Guru OCrush    The new employee contracts for the oil minister have been completed.  They are attached to the 2013 budget.  Once the final version of the budget is approved the contracts for them will be activated.  Nujaifi holds the key for the final version to be approved.  You see parliament gave the okay on these contracts and Nujaifi gave it his blessing.  Now, Nujaifi is waiting for the blocs (specifically National alliance) to approve the 17% of the oil proceeds to go to the Kurds.  [post 1 of 2....stay tuned]

2-18-2013  Newshound Guru Kaperoni   Article:  "Iraq has elements of economic qualify to join the World Trade"   Iraq needs to make the dinar internationally convertible by going to Article 8 of the IMF guidelines.  What "regime" they use is yet the be determined (we anticipate a free float).   This article refers to "laws" and more than likely there are several waiting on a final vote to liberalize the economy which will facilitate investment, trade, etc.  An article the other day stated much of those will pass in a "basket" directly after the vote on the budget.

2-18-2013  Intel Guru SteveI   Until Maliki goes do not expect much. Things are getting worse faster than they are getting better. Sad to say but true. Now the United States military has to step in? What does that tell you?  I heard about the bombing this morning and now read that Maliki is behind it.   I am still waiting to hear from my contacts. I was told tomorrow is the budget day and it was delayed due to the bombings.  I am still being told despite the problems, this week is our week. Let it play out and great things are about to happen.

2-18-2013  Intel Guru Blaino   just heard from the BANK...Rates are "jumping" all around...As they were on saturday...Vnd too, as high as $3+ as low as $.02.... Iqd same thing, but not so much fluctuation...That's all for now, back later when there is confirmed information, as this is!

2-18-2013  Newshound Guru Tlar    Article:  "To each pen Sial and equitable right d. Shabibi"   I'm not sure who wrote this but he is on the right side of history and has a unique understanding of the situation.  He calls a spade a spade.  I don't see Shabibi returning but he was and is still a great influence on the CBI and his nation.  In future history textbooks, the post dark ages of Maliki, he [Shabibi] will be remembered as one of the founding fathers of the new and prosperous Iraq, instrumental in building the foundation of the new economy.  Maliki will be remebered for wasting 10 years and causing undue hardships on his people to get personal wealth and power.  I hope both men receive their just reserves.

2-18-2013  Intel Guru Blaino   there is some stuff thru the night from the "architect"...We need to let the clock tick a little...Tomorrow could be the best time for 'our eyes to see' this thing in a public WAY...Some circles initially thought they may be blessed before the masses, this will not be done, the ladle dips only one time for each to DRINK.  so, the second DIP...Or "double dip" is not too likely.  so, take a sip of hopium, and pass the bottle on!

2-18-2013  Newshound Guru Med   IT APPEARS THAT AT THE LEVEL THEY ARE AT, THEY ARE NOT SUCCESSFUL.   IT WILL TAKE AN ESCALATION TO PUSH THINGS FORWARD NOW, IT APPEARS, WHICH MEANS BLOODSHED AND MOST LIKELY A LOT OF IT SO THAT IS WHAT I AM LOOKING AT. I WANT TO MAKE ONE THING PERFECTLY CLEAR AS FAST AS THIS DISASTER HIT IRAQ AND OUR INVESTMENT IT CAN CLEAR UP JUST AS FAST.  [post 2 of 2]

2-18-2013  Newshound Guru Med    IF THEY EVER RESOLVE THE HCL THAT IS A SIGN OF THINGS MAYBE SOFTENING ON STANCES.  ALSO IS TALIBANI DEAD, SOUNDS A BIT COLD, BUT THIS IS HOW A MAKE OR BREAK WORKS AND IF HE IS DEAD DOES ALLAWI MOVE INTO THE POR POSITION. ALSO THE MOVE BY THE KURDISTAN ALLIANCE TO SAY NO TO REMOVING NAJAFI AND JUST WHAT ARE THE PROTESTS ACCOMPLISHING.  [post 1 of 2....stay tuned]

2-18-2013  Newshound Guru L. J.    John Kerry is sending a delegation of 6 people to the Kurdistan Region to try to figure this out.  That is to happen next week.  I don't look for anything with the budget or anything being done before these guys get there.  But, it's not about the budget, it's really about the meetings that are taking place there.  The laws are already on the books.  They have no President to sign them, so they can't be ratified.  They have to make a decision if Talabani can't continue with his duties, they have to switch him out with someone from the Kurdistan region and get that done really quickly. They are working diligently to find a solutions the problem.  [post 2 of 2]

2-18-2013  Newshound Guru L. J.    The events that are taking place are moving us progressively to a stablized government.  That is the next step.  There is no such thing as the budget having anything to do with the change in the value of the dinar.  That's my belief.   Barzani is working extremely hard to get a consensus among the political leaders in Iraq to move forward.  Do I think they will get it done before the 28th?  No, they have a hard time meeting deadlines.  There have been discussions that have included Allawi taking over as President.  Allawi has already said he can't take the office of the President, he can't  represent the Presidency because he is of the Iraqi List.  There is no such thing as a person from the Iraqi List getting the Presidency.  But, they keep trying to figure it out.   [post 1 of 2....stay tuned] 2-17-2013  Intel Guru TerryK   I HAVE IT ON GOOD HANDS ITS WITHIN HOURS, DAYTIME HOURS LIKE TOMORROW AFTERNOON. I DONT THINK THEY ARE GOING TO MAKE A LOT OF FAN FAIR ON THE DINAR OR THE DONG.  TO BE HONEST IT WILL JUST SHOW UP.  LETS SEE WHAT TOMORROW BRINGS.  [post 2 of 2] 

2-17-2013  Intel Guru TerryK   CL [CHRISTINE LEGARDE] DID MAKE A SPEECH BUT SHE DID IT IN RUSSIA OF ALL PLACES BUT IT WAS NOT ABOUT THE ECONOMIC RECOVERY PLAN ACT.  WITH THAT SAID,  MY SOURCE TOLD ME THAT WE ARE STILL ON TARGET  FOR TOMORROW AFTERNOON WITH EXCHANGE TUESDAY. THATS FROM EAST COAST CONTACT.  SO THAT IS GOOD.  SOURCE TWO CONFIRMS THAT,  NOTHING NEG.  [post 1 of 2....stay tuned]

2-17-2013  Intel Guru OCrush    The Republic of Iraq will join the wto team in FULL:))) This is exciting because...they need a tradeable currency to be full participants without special conditions being placed as full members.  This way countries will do business with them without them worrying if they are going to get paid.  This will also open the door for Iraq to place themselves into the IMF's article xiii;))  We also know the IMF's sa [Standby Agreement] ends Feb. 23.  We have the Wto, IMF sa expiring, new Barzani initiative, history making budget...yes, it's ALL GOOD:))    [post 2 of 2]

2-17-2013  Intel Guru OCrush    It seems there will be a training session taking place in Turkey on a Multilateral trading system.   The training will involve close to 100 iraqis (ministers, institutions, public officials from trade, education, finance and so on).  This training is for 5 days in Turkey and it starts February 25 - March 1:))  The training will also guide them to what responsibilities they will have being full members of the wto. We believe just before the training starts, the wto will assend Iraq to full membership.   [post 1 of 2....stay tuned]

2-17-2013  Intel/Newshound Guru Poppy3   I know from the State Department that they were anticipating that everything was to be taken care of by Wednesday of this week as far as Maliki is concerned, that he was to be stalemated or nullified as far as his power.  If they are going there to finalize alleviating his power, than I'm excited.  I'm very positive as to what I'm hearing, but I'm very cautious as to how I read it.  With this dinar situation, I don't see anything that can delay it long term, everything is short term, everything can be decided and implemented short term.

2-17-2013  Newshound/Intel Guru BGG  There are significant meetings going on to discuss some kind of replacement for Maliki.  Now when is that, I don't know what that will look like.  I fully expect this noise about Maliki being replaced probably is real.  What comes of it, that's another story.  I alluded to the fact that I'm looking to hear some big news in the next several days, this is probably the start of that news.  If Maliki is left in there as he is today, until there is a change in the power structure, there will be no change in the currency.  Recently things are changing rapidly and that's just awsome news for us.  There is some more good news coming up in the next 24 - 48 hours...earth shattering news...you can pretty much look for it.  I can't guarantee what that news is, but it's going to be big.  All of the news happenings is spectacular.  

2-17-2013  Newshound Guru Tlar   Article:  "Iraqi reveal a plot to assassinate its leader with rockets in Baghdad"   Who would benefit from killing Allawi?  By process of elimination we might be able to ferret out the culprit or party.  It's not the US.  It's not Barzini.  Most likely it is not elements of Iraqiya.  It is probably not Sadr because there would be nothing to be gained by it.  I don't think it would be sponsored by any government like Jordan, Turkey, Syria, Qatar or Saudia Arabia.  Hmmm, that leaves only 2 suspects that might have tried to kill Allawi.  Maliki and the Dawa party or terrorists.  I vote for the worst amongst these two choices - Maliki.

2-17-2013 Newshound Guru LoriC  Great news about the HCL today. It's looks like we're getting really close to seeing the amended HCL passed FINALLY!! Here's one of a few articles released today: "Political blocs agree on the Announced the decision of the Commission Deputy oil and energy/Kurdistan blocs Coalition/Kassim Mohamed Qassem, a positive political movement among the parliamentary blocs agreed to pass a draft oil and gas law legislation in the House of representatives."

2-17-2013  Intel Guru SteveI   First of all, it is not over just quite yet but pretty darn close. Actually close enough to almost call it done and over like [Wife in the Know] said. I do strongly believe it will be very shortly, however a few more days seem to be looking better and better. I am hoping to share more late Sunday or Monday on the status of things that we are aware of that need to be completed yet.  Now, I absolutely agree with her timing...spot on if you ask me...When I give my last advice, that will be one you can take to the bank.  Is it possible to be nervous and excited at the same time?

2-17-2013  Intel Guru Blaino   Maliki’s Goon Judge flees Iraq, this guy fled even though he had 60 days to appeal….Oh what a surprise, I do believe Maliki’s house of sand is starting to blow apart in the wind!  this judge was and has been in power since saddam's days...he is maliki's right hand judge he goes to when he wants to corrupt things, stop things, get things tossed out of court..he gets this judge to render bogus arrest warrants, etc...this is so huge...maliki no longer controls the courts...now you will start seeing the laws fly.

2-17-2013  Newshound Guru Mountainman  It looks like Tuesday may be our day for the budget. Fingers crossed. "Budget Vote Tuesday: Parliament to resume its session next Tuesday to vote on Budget Law of 2013. The parliament will resume its session on next Tuesday to vote on the Federal Budget law of 2013. Parliamentary source stated to IraqiNews.com “The parliament session of next Tuesday involves only the vote on the Budget law,” but the source did not indicate whether the blocs reached agreement about its draft."

2-17-2013  Newshound/Intel Guru BGG   Article:  "Iraqiya coalition: We have information stating an attempt to bomb Iyad Allawi’s headquarters by missiles."    Very odd timing that Allawi is announced as a legitimate candidate to take over Talabani’s spot as the POR and the very next day his home in Baghdad is hit by a rocket/mortar attack. Has anyone stopped to think about how much a rocket costs?? This was no “para-military” deal. It was government type money spent on this little “raid”. Was it a message? Sure – but what did it say? “WE’RE DESPERATE”!! Me?? I think they smell blood in the water…but that’s just me.

2-17-2013  Intel Guru Blaino   $3.86 was the last we HAD... Before the foreign currency screens went dark a couple of days AGO... Oh, by the WAY... They are back up and "renumerating" as of this afternoon!!!

2-17-2013  Intel Guru Wife in the Know   The updates you have been getting from the individual...OCrush are again factual and right inline with everything I keep hearing from my end. In fact, his insight comes from a line of sources that travels a completely different path, yet always ends up near or there about with what I hear. I come this last time to lift up those who fail to see the whole truth and sag with doubt, joy should be upon you now you made it.  Smile : ) my friends it's over!  [post 2 of 2]

2-17-2013  Intel Guru Wife in the Know   I have been informed of certain events and timelines that have occurred and are on the forefront of occurring. My husband assures me that the recent Kurdish budget approval is a sure sign that the other blocs are finally in agreement with one another and the Iraqi budget is all but made public. Which this is to be done by mid week or sooner and the revalue is to follow immediately.  [post 1 of 2....stay tuned]

2-17-13  Newshound Guru LoriC   We're continuing to see more international pressure from the international community to develop Iraq's economic sector up to speed to facilitate their accession. These among many other recent reports about the budget progress have me very encouraged. 2-16-2013  Intel Guru Blaino   Our contacts and information partners are still adamant that all is in readiness...All is complete and all is prepared...We need only allow the time to pass until the release is moved into the light. It appears to exist in the shadows now and for a brief period of TIME...Most have been silent as the last 16 hours or so have rolled on toward the ultimate satisfaction of our desires! Stand fast and de-stress...We will soon be transported to a brighter future.

2-16-2013  Newshound Guru Mailman17    WILL MALIKI STEP DOWN? OR, WILL HE MAKE A DEAL FOR IMMUNITY?   HMMMM TIME WILL TELL.  IF ALLAWI GET THE PRES, HES AS GOOD AS PUTTING A WIG ON AND LOOKING LIKE THE QUEEN OF ENGLAND, A FIGUREHEAD,  HIS REIGN IS OVER...IRAQ CAN PROSPER.

2-16-2013  Newshound Guru Shredd   The CBI met with "directors-general of private banks and the Iraqi civil operating in the country" to develop these mechanisms so investment can happen. IMO, This confirms for us:  1. The dinar exchange rate is going to grow (no lop).  2. The dinar exchange rate is going to grow quickly (otherwise no need for mechanism to address this issue).  3. The dinar exchange rate is going to grow soon, because: (international investors are not being attracted due to iraq still being in chap 7...and it looks like that is being addressed soon which will remove this negative perception from international investors and they will want to come running to Iraq!).   I think the CBI is revealing a lot to us, regarding timing, progress and urgency.  [post 2 of 2] 

2-16-2013  Newshound Guru Shredd  Article:  " Central Bank looking mechanisms to support investment in Iraqi dinar "   IMO, the CBI is saying to us very openly, that the exchange rate is about to and NEEDS TO change quite a bit.. So as not to hinder international investment, I believe the CBI will have mechanisms akin to legal agreements that will adjust the notional amount of investments to adjust as the exchange rate matures to where is normalizes...Now, some of us think the dinar will grow via a free float while others think it will grow via a continued managed float.....or maybe a combination of both.  This is exciting to see!  [post 1 of 2....stay tuned]

2-16-2013  Intel Guru OCrush   This is all moving extremely fast! After Barzannis visit to Russia, all the bloc leaders have entrusted him to head the meetings with the EU in Erbil.  Somehow, we believe the political landscape has changed.  It seems the blocs that were against Maliki have unified with the Kurds and have allowed Barzanni to head it all!  This is fascinating to say the least.  There will be many representatives from the EU (ambassadors and so on) to sign agreements since the european framework agreement was put in place a couple of weeks ago.  We think the rv will take place before the next weekend is out.  Cheers all:))  Wait a minute!  I misunderstood my cousins email.  The EU already met with Barzanni.  This is moving very very fast.  They must have completely I mean completely finished this initiative... the blocs leaders are working as a unified unit.  Wow!

2-16-2013  Intel Guru Blaino    batteries in both cphones [cell phones]  are boiling, using a headset,  the cphones are too hot to TOUCH...Constant USE.... gold was way down in early trading...Silver too...wf BANK...Open monday??? Hummmm!   NOW, We also know a great amount of other details that make it clear THAT...(this is the analyses part) some 26 or so countries are likely about to endure some change in VALUE.  Some up a little some down a little, some...Huge with INCREASES...Like our 2 favorites....Any guesses which they might be???? : when??????? When, when, when??? I could tell you "SOON".... I will not! : there may be some liability involved with a specific time or DATE.  [post 2 of 2] 

2-16-2013  Intel Guru Blaino    where is former chief of staff jack lew???? (unconfirmed new sec of the treasury) ????  where is christine legarde? (imf mfic) [main female in charge!]   might they be together in a large stone building with ust over the DOOR...Attending to the birth of something big?   methinks that's a good place to LOOK...The birth announcement may issue forth from there ...SAY...Five-ish....Eastern (of course)   [post 1 of 2....stay tuned]

2-16-2013  Newshound Guru Mailman17    IN ESSENCE, IRAQ IS ON A VERY SHORT TIMETABLE TO GET EVERYTHING DONE, SIGNED AND IMPLEMENTED AND IMVHO, THEY SHOULD BE DONE BY THE 23RD AND NO LATER THAN MAY.  BUT IT DOESNT MAKE SENSE FOR THEM TO AT LEAST COME OUT TRADEABLE...WHETHER ITS 1000-1 0R PAR.  WE ARE LOOKING OUTSTANDING.  THE NEWS TELLS ME AND I HOPE IT TELLS YOU AS WELL THAT WE TRULY ARE IMO...ALMOST HOME.   [post 3 of 3]

2-16-2013  Newshound Guru Mailman17    ART 140 AND THE HCL AS WELL AS THE BUDGET,  I EXPECT TO ALL BE DONE BY THE 23RD OF THIS MONTH AS PER THE 140 CHECKS BEING ISSUED NEXT WEEK.  IRAQ HAS HAS TOP LEVEL MEETINGS REGARDING THE PRESIDENTS.  THE HEAD OF THE SUPREME COURT?  GONE....AND REPLACED AND NOT BY A GOON OF MALIKI.  TURKI?  HE JUST MAY BE GONE TOO.  [post 2 of 3....say tuned]

2-16-2013  Newshound Guru Mailman17  NOT CLEAR WHETHER IRAQ WILL PAY THE FEBRUARY LOAN OFF IN DOLLAR OR DINAR.  I BELIEVE IT WILL BE IN DINAR I ALSO BELIEVE THAT WAS THE DEAL CUT BETWEEN SHABS AND THE IMF THAT IRAQ WOULD HAVE A TRADEABLE CURRENCY BY THAT DATE.  THAT BRINGS US TO MAY,  816 BILLION DOLLAR UP FOR GRABS THEIR FROZEN ASSETS UNLESS THEY CAN GET OUT OF 7 BY THEN...AND WE ALL KNOW THEY AINT GETTING 7 WITHOUT AN RV AND POLITICAL STABILITY. THAT IS WHAT THEY ARE NOW SCRAMBLING TO DO, GET RID OF MALIKI OR AT THE VERY LEAST MAKE HIM A FIGUREHEAD TILL THE NEXT ELECTION.  [post 1 of 3....say tuned]

2-16-2013  Newshound Guru Tlar   I am reminded that with almost every statement that was made by economists and the CBI that mentioned  they were delaying the removal of the zeros until 2014, they put a qualifier.  "Unless the political situation improves".   If there is a real agreement allowing Maliki to finish his term, enacting the important parts of the original Erbil agreement like the Security Minister and making Allawi the president, this IMHO would qualify as real improvement in the political situation.  It has taken the US about a month to nueter Maliki but they have achieved what I was beginning to think was the impossible.  Maliki would not have agreed to this new Erbil agreement unless he received immunity from prosecution and a graceful ending to his riegn as PM.  This is US engineering at its finest if I've ever seen it.  [post 2 of 2]

2-16-2013  Newshound Guru Tlar   Article:  "A Kurdish source reveals the political Summit of leaders of political blocs in Arbil, a Kurdish-American support"   Talabini is either extremely ill or he is dead.  The Kurds have not replaced him yet because it was to their advantage not to do so.   Talabini suffered a debilitating stroke and he is in his late seventies.  Before the stroke he had already expressed his desire to resign and he was sick all of the time.  He won't be back.   If the agreement in Erbil hosted by the Kurds is real, it looks like Allawi will be his replacement.  Nice move Barzini.  Well played.  [post 1 of 2....stay tuned]

2-16-2013  Intel Guru OCrush   We should hear something on this shortly.  Now,  Barzani has called for a formal announcement with all of the Kurdish leaders participating to tell the Kurdish people what took place during these closed door meetings.  They will tell the people there future and announce something major.  In turn Maliki, Nujaifi and the other bloc leaders will make there own formal announcement to the Shiites, Sunnis, Turks and Christians what they have accomplished and what there future holds.  This is History in the making.  Life changer for all the Iraqi's and it is very well coordinated.  Sunday is a new beginning for Iraq and should be veeery revealing to our timeline.  :))  [post 3 of 3]

2-16-2013  Intel Guru OCrush   One significant member of Malikis bloc works in London and is trusted by the Brits and U.S.  He spoke for Malikis coalition.  This lasted for a few days and it was VERY successful.  In turn...Barzani and the Kurd leaders were so happy they adjusted there Budget and past it today in the Kurdish parliament.  Formal agreements were signed so there will be no backing out when this was done.  It also included all disputes with Kirkuk under Article 140:)  It also included an agreement with the HCL.  :))   [post 2 of 3....stay tuned]

2-16-2013  Intel Guru OCrush   President Barzani has taken the bull by the horns.  When he came back from his visit in Europe (Davos, Ireland and a couple of others) he decided to represent all of the Kurdistan blocs to end this crisis.  Most significate, he now represents Talabanis Patriotic Union, with there blessing.  He had meetings with all of the Kurdish blocs, the Sadrist Bloc, representatives from the US Embassy (Beecroft and UN Dels) and the National Coalition (Malikis Bloc).  [post 1 of 3....stay tuned]
Read more: http://www.dinarguru.com/index.html#ixzz2LYK7rY2W

2-14-2013  Intel Guru TerryK     HERE HIS WHAT I GOT.  THIS IS FROM A VERY CREDITABLE SOURCE.  EVERYTHING IS SIGNED OFF.  CL [CHRISTINE LEGARDE] IS TO MAKE AN ANNOUNCEMENT TOMORROW.  OBAMA MAYBE MAKING A STATEMENT.   WE ARE ON TARGET FOR THIS WEEKEND.  SEEING IT ON SUNDAY NIGHT, FOREX.  THIS IS DONE, DONE, DONE ACCORDING TO THIS SOURCE.  THIS AGAIN IS A VERY CREDITABLE SOURCE, PERIOD.  THIS IS NOT A RUMOR.  THIS IS WHAT THEY KNOW IS GOING TO HAPPEN.  IT IS A RUMOR FROM ME THO.

2-14-2013  Intel Guru Blaino    A number of moving targets will all line up then, and will be easy to hit then! Citizens, sight your weapons! There could be some additional news this evening, and if there IS...You know i'll bring what i can!  One 'entity' has reported and several have confirmed that the us  nbsp;box is full N fact ...Over FULL...Yes, a surplus! HUMMMM...We "believe" that the ust (after 100 years and a few weeks) has finally gone back to work! One can only wonder and speculate at what the heck they are about in THERE.... Well, i'm not ONE.... I know what goes on! More than that i cannot say, HOWEVER...Get your 'excited' all gassed up and ready to rock! Methinks you're going to need it pretty soon!   [post 2 of 2]

2-14-2013  Intel Guru Blaino   there is a lot going on, quietly and to be SURE... Not nearly fast enough for all of us! At any rate, we are likely as not to see some interesting times in the hours ahead! Banks and their foreign currency situations are almost asunder... As is required 'before' there can be a sumation of our pursuits...Lil hint there for you! I understand they need to wrap up those concerns before MONDAY..Which is almost as interesting a day as...Tomorrow!   [post 1 of 2....stay tuned]

2-14-2013  Newshound Guru Bondlady    this time its reversed. when they do finish it this time and gazette it then it shouldn't have to be amended as their working through all those things now, hcl should be right behind that budget...art 140...hcl...infrastructure law, tarriffs, amnesty law, federal law its all about to come about ...just hang in there.  internationally traded and recognized currency and international banking, WTO everything right at our door set to come about.  Article 140 compensation starts next week... pretty much letting us know budget will also go then too...its awesome to see confirmations of the things we talked about.  [post 2 of 2]

2-14-2013  Newshound Guru Bondlady   even though they didn't pass the budget like normal on dec 31, 2012 and put it in the gazette, this way even though it seems longer is really shorter than before.  i'll explain, before they would rush through the budget starting in october and gazette it by the last day of december and then go on vacation and within 3 days of it being in the gazette they would file for amendments and drag it out for months.  [post 1 of 2....stay tuned]

2-14-2013  Newshound Guru Tlar  Something or someone is supplying the motivation for Maliki to accept this deal.  I think it could have something to do with Nujaifi's visit to Doha.  It also is obvious that Maliki was probably offered immunity if he would take a back seat and let Allawi be president.  I think without immunity Maliki could never afford to agree to let his arch enemy become President.  Something behind the scenes has happened that we will never know about.  I smell the US hand in this.  I just hope that this agreement comes to fruition. 

2-14-2013  Intel Guru OCrush    Maliki is up to his old tricks again but without the top judge backing him it will go nowhere.  We are sitting pretty, imo, and we should see laws and ministers (under proxy) being filled.  Maybe this is why the Kurds have been delaying, they knew this was coming to an end.  I am still shocked and happy at the same time.  Even my cousin was astonished.  History in the making.  I mean this judge has been supreme since 2005.....WOW!   Cheers  All!     HAPPY VALENTINES DAY!!!!  [post 3 of 3]

2-14-2013  Intel Guru OCrush   There is also movement with who is going to take over Talabanis position.  Rumor is Talabanis' wife will have the position under proxy, this is Barzanis' choice and it would be a smart move on his part.  There is also movement concerning Kirkuk.  They recently agreed to include and approve within the 2013 budget indemnification money for the citizens of Kirkuk that were displaced or harmed during the Sadam years.  This is huge because this was one of the disputes that needed to be taken care of under article 140 which falls under the Iraqi Constitution.  [post 2 of 3....stay tuned]

2-14-2013  Intel Guru OCrush   This is getting crazy and exciting at the same time.  I am sure you all heard, Mahmoud, the top judge in Iraq has been removed (YIPEE!!).  This was Malikis top go to judge when Maliki wanted someone arrested or discredited (Hashimi, Shabibi and so on).  That power has been taken away from him. I AM SO HAPPY!!!  [post 1 of 3....stay tuned]

2-14-2013  Newshound Guru Adam Montana    [Just wanted to know after all of these years of waiting....is this something that you would do all over again?]  at the end of the day, I still feel like I will not lose a penny that I invested into Dinar. Whether it ends up doubling over time or we see a huge increase - I think we all come out of this ahead (eventually!) So, yes - I would do it again.

2-14-2013  Newshound Guru Med  I JUST GOT SOME NEWS FROM MY BUD AT THE EMBASSY, HE SAID THAT TOMORROW THE 14TH THERE WILL BE A CURFEW IN BAGHDAD AND THAT THE EMBASSY EMPLOYEES WERE TOLD THEY ALL CAN TAKE ANNUAL LEAVE AND STAY OFF THE STREETS.  THEY EXPECT HUGE DEMONSTRATIONS HE SAID THERE ARE CHECKPOINTS ALL OVER.   HE SENT ME A BUNCH OF PICS BUT I CANT POST THEM.   THIS IS TYPICAL, EVERY TIME SOMETHING IS HAPPENING IT IS A COUP, AN ASSASSINATION OR THE U.S. HAS LANDED FORCES.

2-14-2013  Newshound Guru Mountainman   I still maintain that a permanent GOI, HCL passage and the budget is all we're waiting for. All these issues appear to be addressd presently though, which is great news. We're just going to have to be patient a little longer but good times are ahead. IMHO.

2-14-2014  Newshound/Intel Guru Flashing    everything around us is very good  just take a look to this:   Iraqi Airways will resume flights to Kuwait after 22 years of interruption. CBI reserves will make Iraq immune from the global economic shocks and for 10 years International Maritime Organization expresses readiness to cooperate with Iraq maritime sector.  CBI participated in the Arab conference in Cairo.  Maliki discuss with British minister ways to enhance the bilateral cooperation.  CBI looking with a number of foreign banks ways to expand Iraq.   ok people just follow that meeting on washington and be happy because it is upon us based on rumors.

2-14-2013  Intel Guru Blaino   teller screens are flashing the rate since last tuesday afternoon, 4pm PST...So over a week NOW..."never before" has "never before" been so.... Interesting to consider!    here it is:   locked in with both a buy and a sell...No ust hold but this is on the executive side in the foreign currency div of ... A big 4 BANK...It is flashing on the teller screens!  Been locked in F.E. Side since the 1st of feb and rate went down once to $3.42 buy, then back again. The flashing is to alert tellers that a new rate is imminent and to pay attention. Once it locks, we are go!  one has to think, how could they let tellers have flashing iqd rates and not RV very, very soon...everybody and his brother would be in the know about RV at some point.  [post 2 of 2]

2-14-2013  Intel Guru Blaino    I AM GETTING A LOT OF CONFIRMED INFORMATION ALL DAY... MUCH IS "CLASSIFIED" BUT I CAN TELL YOU THIS...NONE IS NEGATIVE IN ANY WAY! BANKS ARE ALL GETTING A FOREIGN SURPRISE! (ASK ME NOT!) THE GRINDING SOUND YOU HEAR IS THE LEVELING OF THE "PLAYING FIELD" AS FAR AS IS POSSIBLE TO DO! ALSO, THOSE NOT BASEL III COMPLIANT ARE GETTING HELPED OUT... HOPE THE PRICE IS NOT TOO DEAR... (PIPERS WILL BE PAID!) ALSO: THERE APPEARS TO BE A VERY FULL GI PIGGY BANK...ALL SET TO CRACK OPEN LIKE A PINATA... AND WE NEED TO HIT IT WITH OUR IQD STICK! MINE IS READY...IS YOURS?   [post 1 of 2....stay tuned]

2-14-2013  Newshound Guru LoriC   I do think we are extremely close. Way too much has happened in the past few months (major changes in economic policies), to dispute this. Hang in there, this ride is almost over. The only question is how quickly is if it will float gradually, go to 1000-1 or jump straight to on par with the USD. This is of course is classified so we are left to speculate but I am very encouraged and believe the next couple of months will prove myself and many others right. Hang in there friends.

2-14-2013  Intel Guru Footforward   I do expect the RV to happen between February 23rd and February 25th.  I have a number of reasons for this one of which is the Standby Agreement is being eliminated & has not been renewed.  Iraq is basically being told to stand on their own and without an RV it poses some challenges for Iraq.  I do believe the rate is going to be good.  I don't believe it will be some little $.69 RV.  [post 3 of 3]

2-14-2013  Intel Guru Footforward    Iraq is not a sovereign nation.  How can you be a sovereign nation and still be under Chapter 7 and not be under control.  A sovereign nation would be using their own currency.  The rate in the budget will be close to $4 but this budget is no different than budgets from the past several years.  They can't do anything with the budget until they open the budget and it can't be opened until it RV's.  This budget is no the one thing that we are waiting for.   [post 2 of 3....stay tuned]

2-14-2013  Intel Guru Footforward   Iraq is not the problem, Iraq is not the holdup and I am 100% sure Maliki is not the problem.  Being Basil III compliant has nothing to do with the RV.  It is just a new standard of banking & you don't have to have every bank changed over, it's just something they are shooting for.  It will be years before the majority of banks are Basil III compliant.  It is not an indication of the timing of the RV.   [post 1 of 3....stay tuned]

2-14-2013  Newshound/Intel Guru BGG  Article quote:  "According to a statement issued by a judicial authority reported for “Shafaq News”, that “under the new law voted by the parliament earlier, the head of the Federal appeal Court, the nominee Judge Hassan Ibrahim Humairi will assume the presidency of the Supreme Judicial Council."   This...is very big news...  It appears Parliament has wrested control of the Fed Courts from Maliki and are bent on enforcing the will of the people.  I expect an expansive reform law to follow soon and then Maliki will have some real trouble on his hands. This was the same court that gave him so many early favorable rulings.

2-14-2013  Newshound Guru Adam Montana     The budget seems to get a lot of attention, but it is NOT mandatory that it be done before the HCL or after Chapter 7 or in any other specific order. It makes the most sense to do it in this order: budget, HCL, Chapter 7, then RV - but there is NO LAW that states it must be done in that order.   I would be comfortable placing a wager that "a" budget will be released before the RV is announced, but also keep in mind that as soon as the dinar changes value, a new budget would be adopted almost immediately. It's my opinion that they have TWO budgets in the making - one for immediate release and another based on the anticipated RATE of the future dinar.  What that rate will be is anyone's guess.

2-14-2013  Newshound Guru Kaperoni    last year at this time I was saying .90 cents because that is what the articles said. We even acquired a video where two economists were talking to each other saying "staging rate" for the dinar. [See Dinar Guru Archives for these posts] So that IMO was the plan.  The thing is, this all changed when Maliki got aggressive last April to stop Shabibi. Since then, there have been several articles from various entities..such as economists, the Arab Monetary Fund, and even the CBI themselves that say free float or "orbital rate of exchange."  I would not put 5+ years of research on the dinar, and the last 7 months telling people its a free float, if I was not sure. 2-13-2013  Intel Guru TerryK   Tonight through Friday...have gotten four confirmations that Friday is the drop dead date...everything is done...just waiting to pull the trigger...This is the closest it's ever been.  No one is going to see Maliki...His days are numbered or reduce him down.

2-13-2013  Newshound Guru Doc    There was a recent article suggesting the dinar would be returned to 1980 levels.  We have always believed the ultimate goal was for this to occur but over several years.  The article does not change this fact in that it was not clear as to a timeline.  We continue with the opinion that the rate will be around $1 and allowed to float.  Our currency experts rendered their opinion as to the dinar's value if it were free floated as of today.  Basically they looked at the value under Saddam and adjusted it for inflation. Remember Saddam artificially kept the dinar at the $3.42 level even though inflation approached 50% for many years.  The analysis suggested a maximum current value in the free market of around $1.30.  However when the political climate is factored in they question a value much over $1.  What is most interesting is this seems to align very well with the lower initial rate and free float opinions. Time will eventually reveal all.  We report, you decide.

2-13-2013  Newshound/Intel Guru Bluedog     I think Maliki is on his last leg...in the near future you will see him with less power.  They opened up flights to Kuwait after 22 years...that's a signal of positive for chapter 7.  Hardly any articles now...when Shabibi was there, 3 to 4 articles a day was coming out.  No talk now - quiet, this is telling me that something is coming real quick.  Chapter 7 done, HCL done...just waiting for Lagarde to pull the trigger.  [post 2 of 2]

2-13-2013  Newshound/Intel Guru Bluedog   Big news of the day is the governor of the Central Bank is gone...article did not say who removed him.  Guards in Finance Ministry were arrested today and replaced by Military Police.  This budget has been done...just a matter of them opening it up, signing it, opening it up to the public.  We don't have to have budget for RV. [post 1 of 2....stay tuned]

2-13-2013  Intel Guru TerryK   I HAVE CALLS INTO THE SOURCES NOW.  ONE CALLED BACK TELLING ME THAT WE MAY SEE SOMETHING TONIGHT.

2-13-2013  Newshound Guru Arthur   [long time, no see]    IT IS VERY DIFFICULT TO EXPLAIN WHAT IS GOING ON.  MALIKI IS BEING MARGINALIZED...AS WE SPEAK. THEY REMOVED HIS CBI GOON TURKI AND HIS COURT GOON MAHMOUD. HE IS ALMOST POWERLESS. NOW ALI DABBAGH IS ABOUT TO TESTIFY AGAINST MALIKI AND HIS SON ABOUT THEIR CORRUPTION AND FORGED DOCUMENTS DESPITE THEM THREATENING HIS LIFE. A NATIONAL MEETING IS SCHEDULED FOR NEXT WEEK AND THE BUDGET AND MALIKI WILL BE DONE BY MONTHS END.

2-13-2013  Intel/Newshound Guru Poppy3   Turki is only aproved by the IMF to do day to day operations of the CBI in country. THEY WOULD NOT APPROVE HIM BEYOND THAT AND SAID SO.  AND NO, THEY ARE NOT HAPPY WITH HIM EVEN DOING THAT FROM ALL INDICATIONS.

2-13-2013  Newshound/Intel Guru BGG   MED is correct.  [Kuwait was not going to suggest iraq out if chap 7 this year?]   I have said all along that Kuwait wouldn't go along...it won't change the timing of the RV - Maliki's position will...I know some folks won't like that - but it's been my position all along and it is being validated by current news and events and Ban Ki-Moon is the other guy Maliki needs on his side to get them out of CH7 and he's tanked that relationship far too many times for Iraq's well-being.   [that could change as well, right? if the circumstances were to warrant it?]  It sure could - but I doubt it will. Maliki has the mind of a dictator - he'll ride this to the end...which will be soon.   Once they handle him - interim/caretaker gov't, stability, CBI Gov, RV, CH7 and better world relations...all very quickly.

2-13-2013  Newshound Guru Doc  Our opinion continues that the HCL is far more critical than the budget.  In fact we now believe the Kurds are using the budget as leverage to get the HCL done.  Unfortunately Maliki has countered by attempting to reduce the amount the Kurds receive in the budget.  Hence the political gamesmanship continues.  As we have reported previously the HCL is critical to "secure" assets that will support  a higher value for the dinar.  How long this this continue? Recent articles suggest the HCL is low priority for the GOI aka Maliki. We concur with the opinion that no one really knows for sure. If past history prevails it could be many more weeks or more.

2-13-2013  Intel Guru Poppy3  ONCE MALIKI'S POWER IS UNDER CONTROL THE RV WILL HAPPEN VERY FAST AND MALIKI MAY HAVE BEEN TAKEN UNDER CONTROL TODAY [TUESDAY] BEHIND THE SCENES WILL KNOW MORE TOMORROW [WEDNESDAY, 2-13-13] EVENING.

2-13-2013  Intel Guru Blaino   I THINK WE ARE VERY CLOSE AND THERE IS MUCH YOU DO NOT KNOW...AGAIN, AS I TOLD YOU... MEBBY A LIL TOO EARLY FOR YOU TO UNDERSTAND..."I THINK I CAN SEE THE RV FROM MY HOUSE!"...IT IS HUGE, AND SLOW MOVING. TAKE A LOOK FROM YOUR HOUSE TOMORROW [WEDNESDAY]...MEBBY YOU'LL SEE IT TOO! [HisBlessed: Blaino have you ever felt we were this close before???] NOPE, NEVER.

2-13-2013  Newshound Guru Adam Montana    the next news is that Attorney Al-Shara has announced the intention to move on the Oil and Gas law (that's HCL, my friends!) after the budget is officially approved. They won't delay on this budget forever, it will be done soon. They have already made I would guess 98% of their preliminary HCL decisions, so that will be done soon as well.  Those two items, combined with quite a few other things floating around, have indeed got some of us very excited!   But as always... this is Iraq. Don't get too crazy about any date that anyone gives you - things look excellent for this month, but AGAIN - this. is. Iraq.  [post 2 of 2]

2-13-2013  Newshound Guru Adam Montana   This certainly has been an exciting week for both rumors AND news!  First a few news points...the budget is always a major deal with Iraq - every single year we see at least a couple delays before it is actually passed.  During that time, there is so much confusion it's mind boggling. When are they going to pass it, are they meeting this week, next, did they meet today?!  Also, since many of the actual "press releases" are released in arabic and then translated, some context always gets jumbled. The current situation right now is that they have reached the end of the normal delays and I'm expecting a final announcement shortly.  [post 1 of 2....stay tuned]

2-13-2013  Newshound Guru Doc   There are several opinions floating around that suggest the 2013 budget contains a RV rate of $3.42 and proof is the 138 billion dinar total number.  Unfortunately the math simply does not add up to support this.  As we earlier reported if the 138 billion dinar is correct then the exchange rate assume in the budget would be around $0.69.  The argument given against this is the budget assumption of 2.9 million barrels per day of oil is way low to what is really in the budget.  Lets assume that is true and both the 138 billion dinar and $3.42 are both correct.  In order for this to work Iraq would have to pump 14.4 million barrels per day at $90 per barrel.  We all know this is impossible and will not hit this level for years to come.  The bottom line is either the 138 billion dinar or $3.42 number is wrong.  And if the basis of the argument is incorrect then the argument itself has to have no merit.  The math simply doesn't support this theory.

2-13-2013  Newshound Guru Kaperoni   Article:  "Iraqi Airways to resume flights to Kuwait"  The current UN Chapt. 7 is a hybrid version since they lifted most in Dec 2011.  Very hard to tell if air travel is considered under what remains.

2-13-2013  Intel Guru Ocrush     So far there has been no hiccups with the parliamentary members to dispute what there leaders have agreed upon and brought forward to them.  From what we were told the leader blocs are almost done with all the concerned items.  In conclusion when there are no more items or lines in the budget to negotiate Mr. Nujaifi will have the power to approve the 2013 budget since its an open session.  This process started on February 5, 2013.  In other words instead of trying to negotiate everything at one time they piece mealed it to get maximum results and approve there concerns line by line thus the open session that started back in feb. 5, 2013.  Hope this helps and yes we are close.  [post 2 of 2]

2-13-2013  Intel Guru Ocrush    The budgetary part of the 2013 budget remains constantly open in parliament.  This was an order given by Mr. Nujaifi (the president of parliament). This is how it's going down.  The Leaders of the Blocs and the Finance Committee negotiate on parts of the budget that they feel need to be ammendent (line by line).  Once they all agree to a change (one has to give something to the other) they pass it and forward it to Mr. Nujaifi who immediately takes it to the floor of parliament for a vote (this is the open quorum keeping the budget open so they can vote).  If they all agree they vote and pass it and the leader blocs move to the next item.  [post 1 of 2....stay tuned]

2-13-2013  Newshound Guru Breitling    I am more confident in the dinar today than I have ever been because of the way they built their infrastructure, etc.   They are taking the oil and building their infrastructure.  It's a super structure, a perfect storm & it hasn't really started yet.  There never has been a dispute on how they will do this or what they want to do.  It's been a war on who is going to control it, end of story.  They all want the same thing for the dinar, they all want the same thing for the Iraqi people.    Sometimes you may get frustrated on the timing, but they are doing it right.  It's all good.  You have to recognize what they are doing.  It's probably going to be better than you thought it would be.

2-13-2013  Intel Guru Blaino  there is a lot to evaluate and be excited about NOW. Certain steps that are required for our banks and financial companies to take are now ORDERED.  We tracked it and it is happening! These are the kind of things that naturally are delayed and delivered without warning to insure compliance and to rule out the double dip & windfall profits from insider information. AND Most  important...Are among the final steps, both to avoid any kind of "alert" to those directly involved and to render a level playing field for all! These things are not on any kind of "public" checklist for a reason. When time passing has rendered these things 'toothless' (not long now, methinks) i'll share. It doesn't really affect us as dinarians, but it is a gauge, an indicator that the speed of the quickening is increasing.  Hold onto something...We are going to hit the revalue real hard & pretty SOON... Methinks!!!

2-13-2013  Newshound Guru Med   THE MAJOR PROBLEM RIGHT NOW  IS THAT KUWAIT HAS STEPPED AWAY, IS NOT NEGOTIATING AND THEY HAVE GIVEN THEIR DECISION FOR 2013 THAT IRAQ NOT BE ALLOWED OUT OF CHAPTER VII.

2-12-2013  Newshound Guru Mailman17     THIS BUDGET AND ITS DELAY IS THE KEY,  IMVHO, IT SPELLS ALLOCATIONS TO THE DESPERATE MINISTRIES BUT MORE IMPORTANT, IMO, IT ALSO WILL REFLECT THE NEW RATE.  WE HAVE ALWAYS KNOWN THIS WAS GONNA BE THE GREATEST TRANSFER OF WEALTH EVER.  YES, THEY GAVE IRAQ TIME TO GET THIS DONE NOW ITS CRUNCH TIME.  COME ***  OR HIGH WATER THIS THING IS COMING.  IT MAY NOT BE THE WAY WE SAW IT COME BUT THATS OK...I LOVE SURPRISES.   [post 3 of 3]

2-12-2013  Newshound Guru Mailman17    THEY WILL BE NOT EXEMPT FROM LAWSUITS, THAT IS DIFFERENT FROM THE DFI.  JUST HOW ARE THEY GONNA PAY THE IMF? THAT STAND BY AGREEMENT TELLS IRAQ...CHOOSE DOLLAR OR DINAR.  IN OTHER WORDS THEY MUST HAVE A TRADEABLE AND RECOGNIZED CURRENCY AS LONG AS THEY ARE UNDER CHAP 7.  THOSE ASSETS ABROAD ARE RIPE FOR THE TAKING UNLESS 7 IS LIFTED BY THEN.   [post 2 of 3....stay tuned]

2-12-2013  Newshound Guru Mailman17   THEY HAVE BEEN GIVEN THE OPPORTUNITY TO MEET THE DEMANDS OF THE UN...BUT AS I SIT BACK I THINK ABOUT WHATS DUE AND THE FACT THAT IRAQ HAS DONE NOTHING TO ALTER IT.  I WILL EXPLAIN FEB 23...THE IMF LOAN IS DUE DID.  THEY ASK FOR AN EXTENSION?..NO.  WOULD THEY GET IT ANYWAY?..NO.  THAT WAS MADE CLEAR BY THE IMF.   THE OTHER THING THAT SHOULD I REPEAT...IS THE FACT THAT IN MAY THEIR PROTECTION OF ASSETS ABROAD EXPIRES 800 BILL PLUS.  [post 1 of 3....stay tuned]

2-12-2013  Intel Guru Okie_Oil_Man   THE G-8 IS TRYING TO BRING CURRENCIES INTO ALIGNMENT WITH EACH OTHER AND UNDERTAKING THE DIFFICULT TASK OF MAKING CURRENCIES MORE EQUITABLE WITH EACH OTHER. THE DIFFICULTY IS SOME COUNTRIES WILL BE UNABLE TO MEET THE NEW BASIL-3 REQUIREMENT'S OF SECURING THE VALUE OF THEIR CURRENCIES WITH GOLD IN CONJUNCTION WITH COMMODITIES. SINCE SOME COUNTRIES CANNOT MEET THE CRITERIA OF BASIL-3 THE I.M.F. IS IN THE ALLOCATION POSITION OF ASSISTING THESE COUNTRIES. THIS SHOULD BE A PRIME INDICATOR TO US THAT THE PROCESS OF GLOBAL RE-EVALUATION IS IN PROCESS. THIS PROCESS IS ON SCHEDULE AND TO BE IMPLEMENTED SOON. I AM VERY EXPECTANT TO SEE NEARLY IMMEDIATE RESULT'S.  (RE-READ THE PREVIOUS SENTENCE) INFER AS YOU WISH.   [post 3 of 3]

2-12-2013  Intel Guru Okie_Oil_Man    IF YOU WANT TO CONCENTRATE ON WHAT AND WHEN THIS WILL OCCUR--FOLLOW CLOSELY CHRISTINE LeGARDE AND WHAT SHE IS SAYING IN CONJUNCTION WITH THE RECENT G-8 IN WHICH CURRENCY RATE EXCHANGE WAS ONE OF THE TOPIC'S ADDRESSED. THE STATEMENT WAS MADE FROM ONE OF THE MEMBER'S THAT THIS PROPOSED RATE ADJUSTMENT WAS TO ELIMINATE THE WORLD'S FINANCIAL CRISIS WHILE ANOTHER MEMBER SIGNALED THIS WOULD BE THE DEMISE OF THE FIAT SYSTEM AS WE KNOW IT. TAKEN IN CONTEXT BOTH COMMENT'S ARE POSITIVE.  [post 2 of 3....stay tuned]

2-12-2013  Intel Guru Okie_Oil_Man    I HAVE BEEN ABLE TO KEEP UP WITH THE ACTION'S GOING ON BEHIND THE SCENES REGUARDNG THE GLOBAL RE-ALIGNMENT OF CURRENCIES. THERE ARE MUCH SPECULATION REGARDING WHAT IS TRANSPIRING IN THE GOV OF IRAQ.  THIS IS VERY INTERESTING FROM A HISTORICAL PERSPECTIVE BUT AS FAR AS THE CURRENCY ADJUSTMENT WORLD WIDE HAS NOTHING TO DO WITH IT. THE DELAY'S (I HATE THAT WORD) ARE CAUSED BY PROCEDURAL REQUIREMENTS INVOLVING 198 SEPARATE COUNTRIES AND NOT JUST VIETNAM AND IRAQ.   [post 1 of 3....stay tuned]

2-12-2013  Intel/Newshound Guru Poppy3  WHILE THE 23[RD] HAS SIGNIFICANT'S IT IS NOT DEFINITE IN ANY WAY…THEY HAVE MET IN PRIVATE SEVERAL TIMES WITH THE IMF AND NO ONE KNOWS WHAT IF ANY DEALS HAVE BEEN AGREED ON ABOUT THE LOANS. TIME WILL TELL.  I AM VERY GLAD TO SEE THEM OPENING THE PARLIAMENT SESSION AND STATING IT WILL REMAIN SO TILL THE BUDGET IS PASSED. ALSO DON'T BUY INTO THE BUDGET BEING THE FINAL STEP FOR THE RV...YES IT IS A GREAT STEP AND ONCE THEY GET MALIKI UNDER SOME FORM OF CONTROL OF HIS POWER THEN THE RV CAN COME FORTH TO US.  THE BEST TIME WE COULD SEE OUR PEOPLE ARRIVE IN IRAQ WOULD BE AFTER THEY HAVE ALL AGREEMENT IN PLACE AND MALIKI NULLIFIED AND THEY ARE READY TO ANNOUNCE THE RV.

2-12-2013   Newshound/Intel Guru Bluedog   IMO we are being lied to and that this Budget is done...they just don't have the real Rate…we saw they went from 118 Trillion to 138 Billion that tells you what they know... but IMO there is a larger Rate that they are holding back and stalling Opening the Budget...this was all agreed to with the Kurds the 17% and so using that as a excuse is Bogus... they have a rate but its not the correct one…they have 86 cents.

2-11-2013  Intel Guru SteveI   forget the articles saying it will not get gone this month. That is a bunch of baloney period. Let's all see what tomorrow brings us. We may be surprised and see this getting accomplished.

2-11-2013  Intel Guru Blaino   I am waiting on 2 separate calls to baghdad and the surounding area, and thereby the truth of the matter...We have information that "it" has happened, "it" is happening and "it" is about to happen!

2-11-2013  Intel Guru OCrush   The unami delegations are also there to make this transparent and limit the corruption. The window for the budget is wide open for the vote to take place once the leaders are done.  So forget the articles that come out postponing the budget for another day or week. Nobody knows when they will finish. For all we know they could have agreed this very minute and placing a vote as we speak!  [post 2 of 2]

2-11-2013  Intel Guru OCrush   The reason they are postponing it and kicking the can to vote on the budget another day is because they don't even know when the closed door negotiations will be finalized.  Once the head of the blocs are satisfied with the distribution of monies to each province there will be a special quorum on the floor of parliament to pass the budget. This could happen any day. Them saying another day or week for the vote is like I said they don't know when the negotiations will come to a satisfaction and vote on the budget.   [post 1 of 2….stay tuned]

2-11-2013   Newshound Guru Enorrste      Having said that, however, their are other currencies, such as the dinar, that are not free floating.  Therefore it would not surprise me to see several currencies revalue at the same time.  the CBI, through Saleh, has clearly expressed that it is their intention to make the dinar one of the strongest currencies in the world. They clearly have the resources, both in terms of reserves and in terms of underlying wealth, to achieve that goal, IMO.   .  [post 3 of 3]

2-11-2013   Newshound Guru Enorrste   At one time we heard that up to 130 countries would revalue their currencies at the same time. For a short period I bought into this, until I thought it through. The simple fact is that many world currencies are already in a free floating mode.  This means that they are already at their correct values. We see this daily as the pound, dollar, Euro, yen, and Canadian and Australian dollars fluctuate on the FOREX. Many other currencies do the same. Therefore we would have to ask this question: If they are already at equilibrium among themselves, how would a "world reset of currencies" improve things? The answer is that it would not improve things. [post 2 of 3....stay tuned]

2-11-2013   Newshound Guru Enorrste   the staging rate is not a precursor to the RV. It IS the RV, after which the rate will rise on either a managed float or a free float until it reaches equilibrium. The CBI is on record that it will come out at "around a dollar." But it is also on record that it wants the value of the dinar to be at least what it was prior to Saddam' s regime, or $3.50.  I have consistently held the view that Iraq is a sovereign country and that they alone are in control of the timing and the rate of the RV. I have never found any credible evidence to the contrary. Having said that, however, I will say that Shabibi is in regular contact with the IMF, having worked for them 20 years ago, and he keeps them informed of his plans. I do not believe, though, that the IMF dictates to Shabibi in any way in terms of timing or the rate.  .  [post 1 of 3….stay tuned]

2-11-2013 Newshound Guru Kaperoni we see..the CBI talking about the “exchange regime” transition, the economist talking about the transition, the IMF stating Feb 23rd as the new deadline, the USAID office training Iraqis in international banking techniques, UAB support, private conferences with both Iraqi and International banks, all of which is part of the both the IMF Stand by Agreement and the US Strategic Framework Agreement. Oh and did I mention if they fail, the 100 billion dollar Paris Debt Agreement could be cancelled?...so now we all know that the CBI is transitioning off the “currency board” and on to a “free floating” dinar. If you visit the IMF site, you will see various types of “regimes” such as Free Float, Managed Float, or Pegged. Certainly, the CBI may change to more regulated Managed or Pegged, but it appears that the next step is to find the “true value of the dinar” via a free floating platform.

2-11-2013 Intel Guru Blaino we now see current information developing that makes us think that tomorrow between noon and four pm eastern standard time the worldwide global financial situation could entertain massive changes from the current paradijm...Just off the c phone with an old oily guy who agrees "nothing so far today"....

2-11-2013  Intel Guru Blaino   we have often wondered what the day of the rv would look LIKE...Well a glance out your window ...Might just tell you!

2-11-2013 Newshound Guru Kaperoni Technically, they have to notify the IMF of there desire to either be on the dollar or on there own currency.  Shabibi made that decision 10 years ago to have Iraq have the dinar.  Which obviously, they want being the richest country in the world to have the great buying power the dinar should have.  If they choose to switch now, it would be 10 years down the drain lowering inflation, etc.  Iraq will not become a dollar country.  This dollarization is short lived, in fact, Shabibi agreed to not  dollarize more than 30%.  We know due the pending float, they are much higher than that at this time.

2-11-2013 Newshound Guru Kaperoni  Remember the CBI website?  Said only listen to what is put out on the CBI.   IMO, with the IMF deadline Feb 23rd on the Stand by Agreement, the USAID over there training the Iraqis on international banking (why if your not going to make it convertible per the SBA) as a condition of the US strategic framework agreement, something appears to be up.  It appears that the free float will begin this month or soon thereafter.  IMO, the 1000 to $1 may be the starting point.  There simply is to much as risk here for Iraq to fail with all these agreements and the consequences of not meeting those deadlines.

2-11-2013  Intel Guru Blaino    THE INTEL TEAM HAVE ELECTED TO DECLARE A "REVALUATION WARNING"   A WARNING IS A TIME DURING WHICH "MOST" CONDITIONS ARE FAVORABLE FOR A REVALUATION TO OCCUR AND THAT OCCURANCE CANNOT BE RULED OUT BEYOND A REASONABLE DOUBT.  WE ARE ARRIVED AT THAT PLACE IN THE CHAIN OF EVENTS WHERE A REVALUATION COULD HAPPEN AT ANY TIME…   [post 2 of 2]

2-11-2013  Intel Guru Blaino  We… have 2 major bank foreign currency execs that SAY "monday-tuesday" and this according to internal memos and meetings, training and so ON... Rates flashing on teller screens after being solid and showing no ust hold on foreign currency department screens for weeks originally at $3.42 buy (they buy from us) and $3.68 sell...(they sell to us)then, we had several days of $3.86 and $4.20.... Now back to the former rate since Thursday.  [post 1 of 2….stay tuned]

2-10-2013  Newshound/Intel Guru BGG   The fact is – Maliki is in very dire straights or there wouldn’t even be a hint about letting Iran into his own country – who would do such a thing… it only speeds the course of events I have always believed. the fact is – deep down, everyone is thinking I’ll be wrong at the last minute and there will be some kind of “hail Mary” by Maliki. You just saw his “hail Mary” – bring in Iran… but that will not work – for a lot of reasons. I don’t want to be right about this one. I want it over as bad as everyone else. It just won’t go down that way – IMHO.

2-10-2013 Newshound Guru Doc  The second consideration is that Iraq does not need to pass any budget for the RV.  In other words they are basically independent events.  The truth is as we have continually reported the RV rate will not be in any budget until after the RV is announced.  They can and have previously passed the budget with the program rate and most likely have a second budget ready to go adjusted for any RV.   The bottom line is the budget does not have to contain the RV as many are suggesting.   We report, you decide. [Post 2 of 2]

2-10-2013 Newshound Guru Doc There are several considerations surrounding the budget...First and foremost Iraq is notorious for delays.  Several articles continue to point to the fact that political in fighting continues concerning the budget.  We should remind all the US has not passed a budget in 4 years yet continue to spend money.  For anyone to say without a doubt the budget has been passed is in fantasy land...While our intel is reporting on this matter we will not relay any unconfirmed information.  Our best guess is that the in fighting will continue and we will see more delays including past this Monday. [Post 1 or 2: Guru Doc's Second Budget Consideration coming shortly...stay tuned]

2-10-13 Intel Guru TerryK Am HEARING SUNDAY NIGHT with CASH IN MONDAY MORNING COMING FROM 3 SOURCES. STRONG PEOPLE (sources). 5 currencies RV Sunday when the Forex opens...Canada, China, India, Iraq and VND.

2-10-2013 Newshound Guru Doc  There are several considerations surrounding the budget...First and foremost Iraq is notorious for delays.  Several articles continue to point to the fact that political in fighting continues concerning the budget...We should remind all the US has not passed a budget in 4 years yet continue to spend money.  For anyone to say without a doubt the budget has been passed is in fantasy land...While our intel is reporting on this matter we will not relay any unconfirmed information.  Our best guess is that the in fighting will continue and we will see more delays including past this Monday. [Post 1 of 2: Guru Doc's 2nd Budget Consideration shortly...stay tuned]

2-10-2013 Newshound Guru Kaperoni We all know that the new plan now is a free float.   But what is exciting is the actions taken by the CBI to confirm this.   Just as...ending the currency auctions supported a "staging rate" of 1 to $1 or about, selling hard currency all over Iraq supports the float.  These are clearly two different monetary policies.   We are seeing the CBI aggressively sell dollars raising capital at banks and exchange centers in Iraq as the statement said...Iraq is going on the dollar now for a period of time.  That period will more than likely be while the dinar free floats to a rate 1 to $1 or higher in the world marketplace.   Then, once this is complete, Iraq will switch to a managed float, or pegged basket which is more stable and they can introduce the new smaller dinar notes, etc.  And begin to dedollarize.   The actions of the CBI are what we need to watch...and these actions are telling us what is about to happen. [Post 3 of 3]

2-10-2013  Newshound Guru Kaperoni Studying this whole process a bit further…back in April 2012 [See Dinar Guru Archives] when the CBI said they were ending currency auctions...We all thought...well they need to make the dinar tradable then with an exchange regime so the CBI can generate revenue.   But that didn’t happen.  So what when wrong?   Well for the CBI to say such the dinar would have to be worth 1 to $1 or greater (otherwise there would be demand for the dollar in Iraq for import transactions and the auctions would have to continue to supply that demand).   And the SIGIR report mentions..the CBI was about to make the dinar worth just less than the dollar.  So we can assume that Shabibi's plan was clearly to come out with the .90 cents or about "staging rate." Once Maliki (CoM) pulled the plug we saw Saleh come out and say..."the plan had changed." in late April or May.  Not knowing what that plan was, it took a few months to decipher. [Post 2 of 3....Where we stand now coming soon...stay tuned]

2-10-2013 Newshound Guru Kaperoni  [Deciphering recent articles] as they [Iraq] are heavy dollarizing to act as cover while the dinar floats up.  That statement implies that at least.  So in other words, the Iraqis will dollarize for period of time such as Feb-Dec while the dinar rises to equal or exceed the dollar.  Timeframe is just an example though. This article is very interesting considering the IMF deadline of Feb 23rd to improve the "exchange rate regime."    The free float may very well start very soon.  It appears this article is about distribution of hard currency (dollars) throughout Iraq in preparation of that event. [Post 1 of 3…the plan history/unfolds coming shortly…stay tuned]

2-10-2013 Intel Guru SteveI [Question: forextrader2003: ...how long can the RV be held up after the budget approval.,, ]  The budget has to be opened and the new rate made official and everything moves forward. Now with all of the budget vote delays, my guess is fairly quickly...I will say not long and can safely say not weeks but most likely days. They are going to move very fast now. If the parliament does not, the people will pressure them into moving even faster.

2-10-2013 Newshound Guru Med NOW THEY DONT WANT TO DO THE CURRENCY EXCHANGE    BUT SEEM TO BE WANTING TO SHAVE THE PIPS  OFF... HOW MUCH    WHO KNOWS    THERE HAS BEEN ALOT OF SCUTTLE THAT WE ARE HEARING   FROM TRADERS    THAT THEY ARE HEARING AS MUCH AS 700 PIPS    IN 2013 [If my math is right (and there is no guarantee it is! :), This would be about a 300% increase in value this year--Blanche, Dinar Guru] 2-9-2013  Intel Guru Wife in the Know    As you have heard by now, they (Iraq) are reporting yet another delay on approving their 2013 Budget. As I have spoken about in the past, misdirection from articles and false reporting is rampant and also for a purpose. The reason for this is to keep people off balance as to the actual timing of this glorious event. What I have been told is that the Budget will have already been signed off on and be over and done prior to anyone actually hearing about it, this is to keep people looking for the Budget signing and announcement, and not the actual revaluing of their currency. This is still to show within their new so called new Budget vote time frame.

2-9-2013  Intel Guru SteveI   [since the approval of the 2013 Budget is based on the dinar’s RV'ed rate and is a very crucial prerequisite of the RV happening, how long can the RV be held up after the budget approval.  I remember you saying that it would not be instantaneous but is there a maximum length of time that it would have to happen after the budget is approved?]     ...I am not certain on the timing. The budget has to be opened and the new rate made official and everything moves forward.   I will say not long and can safely say not weeks but most likely days. They are going to move very fast now. If the parliament does not, the people will pressure them into moving even faster.

2-9-2013  Newshound Guru Med     NOW OTHER OPTION AND I DO THINK SONNY MAY HAVE HIT IT ON THE HEAD THAT THE SLOW GROWTH  ISSUE IS MORE PREVALENT THAN EVER NOW.   HE SAID HE PERSONALLY EXPECTS THE DINAR TO MOVE AS MUCH AS 700 PIPS THIS YEAR THAT WOULD BE GREAT.  ITS NOT THE FAST SUCCESS WE THOUGHT YRS AGO BUT I WILL TAKE ANY NOW.  [post 3 of 3]

2-9-2013  Newshound Guru Med    I AM HOPING THAT INTERNATIONAL COMPANIES...TAKE A RISK.   INVESTMENT NEEDS TO ENTER IRAQ.  MONEY NEEDS TO START FLOWING.  ONCE IT DOES THERE WILL BE A HONEYMOON AND IT WILL BE DURING THAT HONEYMOON IS WHEN  I BELIEVE THINGS WILL RE PRIME ITSELF AGAIN AND THE OPPORTUNITY FOR SUCCESS FOR US WILL COME.  [post 2 of 3....stay tuned]

2-9-2013  Newshound Guru Med    LAST NIGHT I HAD A LONG TALK WITH MY GOOD BUD SONNY.   I MYSELF  HAVE COME TO THE OPINION AND MINDSET MALIKI IS NOT GOING ANYWHERE.  THE OPPOSITION  IS JUST TOO WEAK AND CANNOT SUSTAIN ANY MEANINGFUL RESISTANCE.  NO MATTER WHAT THEY WILL NEED AN INTERNATIONAL CURRENCY.  YOU CANT ENTER THE REAL WORLD OF THE INTERNATIONAL ECONOMY WITHOUT ONE.   [post 1 of 3....stay tuned]

2-9-2013  Newshound/Intel Guru BGG   Article:  "Postponement of the parliamentary session on Monday for lack of quorum"   They did postpone – but it wasn’t over a lack of “quorum”. It was on purpose.

2-9-2013  Newshound Guru Mountainman   Article:  "Unlocking Iraq's True Value: Economic forecasts for Iraq continue to make for pleasant reading. The most recent IMF World Economic Outlook predicted GDP growth of 10.2% in 2012 and 14.7% in 2013 and Iraq has one of the world's largest oil reserves."    an interesting article where director's of investment firms are saying 2013 will be a big year for Iraq, their economic growth and investment opportunities.

2-9-2013  Intel Guru SteveI     I really did not see this one coming. But here is the good news if any, the people are really can I say the word pissed? This will for sure put the fire under the Parliament to get it done on Monday.  So my friends, Monday is the new official date.  This is for sure not what I wanted to report, but remember, we only share the facts good or not so good.  [post 2 of 2]

2-9-2013  Intel Guru SteveI    I have new update for you all. I just got off the phone with my contacts. Here is what happened and this may be very good for all of us, maybe.  The Parliament Session was televised to the public last night. The people were assuming that the budget was going to get passed.  So the Kurds again caused the problem. They now want 4 Billion to pay all of the oil companies back payments that is owed. So the Parliament is now going to revise the budget again by increasing the budget with a larger number of price per barrel of oil.  [post 1 of 2....stay tuned]

2-9-2013  Intel Guru Wife in the Know  I do not know SteveI or the others but...I agree 100% with the information SteveI  has presented here. It's truly amazing that their info and timing of receiving it is either a nano second ahead of mine or parallel. This is why I know they are on the level. Smile friends : ) we are almost there!  

2-9-2013  Intel Guru SteveI   Our sources did share that they were going to vote on the budget Thursday the 5th. They did not complete the vote but did in fact finish adjusting it and they did agree on moving forward. Because Friday is their holy day, not much got done...  The Iraq Budget of 2013 was configured and derived with a new dinar rate (and now adjusted). I want you all to watch when the budget is officially posted, recorded, or whatever the case may be, I will tell you that it is now not based on $90 ppb but a different amount (higher).   The rate will be returned to a value that is comparable within its region. You should see the new rate within a reasonable time frame...This saga will not drag on for weeks.   My contact just called and said he will [be] calling me and sharing what the results of the vote is.  So yes they are voting on the budget.

2-9-2013  Intel/Newshound Guru Poppy3   got notice that john kerry [Biden??] will arrive in iraq tomorrow. IF SO FORGET ANYTHING BEING DONE AT THE MEETINGS TOMORROW THEY HAVE NEVER DONE ANYTHING WITH HIM IN THEIR COUNTRY. ONCE HE LEAVES THEY WILL RESCHEDULE AND MOVE FORWARD. THIS IS POPPY3'S THOUGHTS ON...BIDEN SHOWING UP ON THEIR DOOR STEP UNANNOUNCED. GUARANTEE THAT WHY NAJAFI HAS ALREADY ANNOUNCED POSTPONEMENT OF THE BUDGET A 4TH TIME THIS WEEK.

2-9-2013  Intel Guru BWM    [So what does it mean when gurus are saying that this R/V has nothing to do with Iraq? In other words, it is out of their hands?]  Simply put, if Maliki is that powerful, and considering that he supposedly had "acquired" a large sum of dinar, why wouldn't he just pull the trigger and make himself a bzgillionaire and be done with it? My opinion is that they will accomplish all their items when they are told to finish things...
Read more: http://www.dinarguru.com/index.html#ixzz2KnWKovX6

2-8-2013  Intel Guru Blaino   They will all go together. They will pop at same time. The computer will send at one time. The great folks of the IMF.. not afraid of Virginia Wolf but they are afraid of Double dipping.  I want to share with you...I'm saying you need to prepare yourself. This is about to happen.

2-8-2013  Intel Guru Poppy3   our main question for today is when or have they got MALIKI nullified in regards to his power. I USED TO SAY before there would be a Transfer of Wealth, WE WOULD SEE a Transfer of Power AND IN SOME WAY THIS WOULD HAVE TO HAPPEN FIRST. HOPE THE TRUTH COMES OUT TOMORROW AND THEY HAVE CO-OPERATION BETWEEN THE ENTIRE GROUP. TIME WILL TELL THE TRUTH.

2-8-2013  Intel Guru Ocrush    The bloc leaders are working very hard to get the budget in place for a vote. They had closed door meetings today with absolutely no media. Technically, the budget is done but we think it's a timing issue for the vote to take place. We all agree the budget will pass.   Even UN's JAPU put out their primer budget statement on January 24, 2013 with a footnote that the budget will pass sometime in the beginning of February.  We are close but there is really no way to get an accurate description as to what is the hold up. We are in the window of opportunity...

2-8-2013  Intel Guru BWM   Question: [Did you get any thing definite on whether it will be a free or managed float?]   2%...every 90 days on a managed float. Could this change? yes, but would have to make amendments to their Constitution in order to do that...

2-8-2013  Newshound Guru Shredd   so, combining these factors...in my humble opinion,  gives us great hope that, as we know, the rise of the exchange rate....the value of the dinar is most definitely a separate event from the removal of the zeros and we are not tied to waiting another 12 months or whatever.  when the (i think 14) categories of dinar were printed the plan back then was what?  twofold...first, to release the large notes due to the low exchange.  second, for release of the lower denoms, including the coins to support the country for WHEN the rate reached par with the dollar and above.   is the quantity of those lower denoms enough to operationally keep iraq on it's feet? doesn't matter imo because i believe the new dinar is printed but even if it isn't, printing and circulating currency does not take months and months.   so, this is kind of an "administrative" look at our situation and imo, it looks amazing and like the gurus say...it can "pop" any time.  [post 2 of 2]

2-8-2013  Newshound Guru Shredd   I was talking to a friend...and we were talking about the different scenarios regarding timing...how long it could take to start to pip, how long to rv, how long to float and how long till we would cash out some or all of our dinar. I remembered something which is easy to forget...the lower denoms printed from back in 03...even though we read that the removal of the zeros may not happen until next year, that does not mean we won't see movement in the rate also...we know the current two language dinar will coexist with the new three language dinar for a period of 10 years.   i think we have just two articles stating that, the first came out in august of 2011 if i recall correctly and lastly, we have not read anywhere that the dinar we are holding have some laddered plan of being retired. [Guru] Breitling mentioned that recently and I feel that is a great thing to remember. [post 1 of 2....stay tuned]

2-8-2013   Intel Guru BWM    [Is 23rd that important?]  OK, the 23rd...been some serious discussion about the amount of money due then to start with that number bouncing between 124 million and 160 billion... Which is it? Well they just agreed to pay Kuwait some 500 billion dollars so again paying a large sum doesn't seem to be a problem.... Why? because they are paying digital money.   I don't think it's a trigger as much as I feel like they would like to have it finished before that to make the payments easier...

2-8-2013  Newshound Guru Kaperoni   [I keep reading that the rv/float will only happen when the GOI is stable. If some entities are waiting for Iraq to be "stable" this rv/float  will never take place. We can say good bye to this investment. I do agree to the fact that things can get a little better; but it's the middle-east, stability to them will never be like in the western countries. They better get this thing moving; now is the time.]   IMO, that is why this will free float.  Let the market dictate the rate based on Iraq's performance (or non-performance).

2-8-2013  Intel Guru BWM   I personally believe that if we SEE a budget without the rv number in it that would be a VERY bad thing... so with that said, I believe you could HEAR about the budget passing but won't SEE the numbers until an RV has occurred... so with that theory, RV could happen simultaneously with budget but to have a budget and not an RV within the time period of seeing the budget in print would be bad IMO.

2-8-2013  Newshound Guru Breitling   Some articles stated that they might not delete the 3 zeros & said they are going to raise the value of the dinar against the dollar.  If they just leave the currency that we have out there and not retire them, that means that we can ride the value of the currency going up.  If it's true, it's the best news. The people from the Minister of Planning were saying they were going to replace the currency one stage at a time, a 2 year process & then the CBI said they were going to do it, now they are talking about not doing it but they are going to raise the value of the dinar against the dollar.  That should make the people that only have the 25,000 notes jump for joy.  That's the best scenario we can have.  So, don't worry about them not deleting the 3 zeros, that's the best thing that can happen.

2-8-2013  Newshound/Intel Guru Flashing   Articles:  "IMF shows comfortable growth rates in Iraq"  &  "Kuwait – ­Iraq ties “thriving and positive” ­­says Iraqi FM Zebari"  One more time, you have seen articles that are meaningful for us. Everything is great and we should be happy very soon. We need to be focus on the real driver. There are other things that are just consequences of the big decision. Again Iraq is not the decision maker, but is the key performer.  They have done everything asked from them under ch 7 and they should be out from it very soon.  By the way let me tell you that there is a back wall which is the date in which the frozen funds will be available for use by Iraq. I am not saying that we need to go that far and I expect the rv soon.

2-8-2013  Intel Guru TerryK  EVERYTHING [IS] STILL ON TRACK...UST STILL UNDER LOCKDOWN. [Any confirmation of the budget yet?]  I HAVE BEEN TOLD,  IT'S SIGNED BEHIND DOORS BUT I HEAR NOT YET IN OR BY PAPER.

2-8-2013  Intel Guru Freeway Bill   We all are watching the wrong hand on this blessing.  Everyone is watching things like the budget in Iraq, the news out of Iraq, the CBI and the endless rantings of dysfunctional...misinformation.  The UST has been ready and stands ready.  China is making moves to facilitate this blessing. Security issues has and remains the main issue.  When the security is in place and solid, the RV will be completed.  Folks, this will happen, but NOBODY knows the exact time...Granted, the rate will be substantial and not the ten cents a dance that some puts out...

2-8-2013  Newshound/Intel Guru BGG  I'm not saying the RV can't happen in the next few days, at any moment, it can.  Iraq has the tools to do this at a moments notice, this is a fact.  Is that what will happen?  I doubt it.  They have all the votes needed if they decide to go ahead with a no confidence vote.  Parliament is attempting to move their courtry forward without this turmoil.  Will Maliki fold? Highly unlikely.  Are we fairly close, absolutely.  Breath easy, it's on the way.  Keep the 35 - 40 day timeframe in your head.  Now I won't guarantee this, but if things go well in the next few days, this could line up for a finish anytime through, up to & including that time frame.  2-7-2013  Intel/Newshound Guru Poppy3    I was told today, strictly rumor, there was a lot of dignitaries from different countries there, but we don't know why.  Also was told the people on the street are finally talking about the currency value increasing there.  No indication of a rate and no indication of when it will happen.  [post 3 of 3]

2-7-2013  Intel/Newshound Guru Poppy3    Got a report, highly unusual, they have been pretty accurate & trustworthy & was from 2 separate sources. Both said there were meetings Monday and Tuesday between Iraq's Central Bank Finance Committee, the IMF, & the UST and all documentation pertaining to the Iraq dinar currency was finalized and signed and totally complete.  We are only waiting for Iraq to get their government in position to take this thing forward.  They will not have to meet with these agencies again.  As far as they are concerned it's a completed deal.  But, it's left up to Iraq & the Central Bank of Iraq to release it.  They are not going to release it and the IMF will not accept the people they have in position right now, that is the only hurdle that has to be covered.  They have to get their government done.  Once these steps are taken, this thing is set to fly.  It's hard not to get excited.  [post 2 of 3....stay tuned]

2-7-2013  Intel/Newshound Guru Poppy3   I have an update on the dong.  I was contacted today and source said they are getting the same report as 2 weeks ago.  They are in the process of talking of a revaluation but not right now. Vietnam has the 5th fastest growing economy in the world right now.  There may be a small adjustment of their VND at the same time or just after, within 24 - 48 hours post RV of the dinar.  But, that will not be their revaluation.  They will have a major revaluation in 14 - 16 months after the dinar.  I know that sounds crazy that they are giving us an opportunity to double dip.  [post 1 of 3....stay tuned]

2-7-2013  Intel Guru Bluwolf   Now there are things that give us hints that something is happening, in Iraq's case its budget and the chapt. 7 closing; in the banks case, the set up of all place holders, there one on one meetings, there doubling up on extra currency exchangers, all the memos receive indicating to all brokers to be on alert to close up shop.  But with all this good news of the highest alertness there isn't a person on the planet that really knows to the when all these place holders will all change to the rates behind each currency...when the time comes it will just flow into play very silently and graciously without a given notice.

2-7-2013  Intel Guru Flashing   Some banks have the following rates: iqd $3.46 or $3.42, vnd $.24 . My sources still saying and i concur with them over $5...again just rumors.  rumors about dealers: they are expecting a change in value any time now.   rumors about dates: Several sources are saying sunday after midnight, others are saying the 12 and other group are saying the 15 or right after.  the back wall is over that date.  the back wall is may 22.   again, i am not saying we should go that far.  imo, we should see it very soon starting next week as i stated previously.  let me say it again. i am not saying we will go that far, but the date in which the funds will be released for use by Iraq is the back wall and the worst scenario.  i expect it during this month starting next week.

2-7-2013  Intel Guru SteveI   I do not rely on the news any longer, but wait until we can talk to sources in Iraq and let them explain the actual events. So until then, I elect to keep an open mind and stay positive. It very well could be a bit longer, but not much. Remember they only had enough money for this past payroll and no longer have the funds to pay anything. Iraq has come to a halt regarding money, and money is everything over there.  As soon as we hear, we will provide and share what we are being told.

2-7-2013  Newshound Guru Doc   All the hype around the imminent RV continues as hype.   Many have tied it to budget passage and we concede it with HCL, Chapter 7, etc are precursors.  The issue is some are reporting emphatically the budget will be passed on Thursday.  While we wish this were true we awoke to the following release "Baghdad lifted Presidency of the Council of Representatives, on Thursday, the Council meeting of 11 to Saturday, with parliamentary source that the meeting witnessed the vote on the amendment of the law guards nightclubs and postpone the vote and read the seven draft laws, including the federal budget." This is at least the second or third delay on the budget vote.  We continue to council to...let these things happen as they do.  Iraq is notorious for delays and no one knows the exact date it will occur.  We report, you decide.

2-7-2013  Intel Guru TerryK   Article:  "Parliamentary Blocs Leaders Hold An Emergency Meeting This Afternoon To Resolve The Issue Of The Budget On February 7, 2013 in political BAGHDAD / News Network Iraq"  THAT'S FOR THE PAPERS.  I'M BEING TOLD IT WAS PASSED YESTERDAY BEHIND DOORS.

2-7-2013  Intel Guru SteveI   [I REALLY HOPE THIS IS THE FINAL DAYS OR WEEKS.]   I really believe it is. Finally the end is here.  [do you mind saying the rate again?]  Initially it as $3.46, then I adjusted to $3.45, and now made my final adjustment to $3.41.

2-7-2013  Intel Guru TerryK    the imf's christine lagarde and ust jack lew of the ust are about to make some type of an announcement concerning the iqd and other world currencies. Watch new channels...ESPECIALLY fox news. Look for this from 5 to 7 pm est today.  at 4 pm est Jack lew will make an announcement from the ust. Chances are Christine Legarde from the imf will make some announcement tomorow. Today Jack will talk about the new usd currency and we strongly believe about the iqd.

2-7-2013 Newshound Guru Phoenix3333  Iraq Budget No Later Than Monday, February 10th: Speaker all blocs to resolve issues related to the budget and to hold further meetings to exit form a final budget bill for a vote at a meeting next Monday at the latest.

2-7-2013  Newshound Guru Tlar   Article:  "Specialize: No change in central bank policy!"  Turki is following in Shabibi's footsteps and IMO may actually be looking to Shabibi for advise.

2-7-2013  Newshound Guru Med    Article:  "Iraq: Iran pledges support for al-Maliki to 50 thousand troops of the Qods Force for the suppression of the revolution and the work of chaos"   This is posted in the Voice of Iraq...it is the most reliable source of info there is...  THERE IS AN ARTICLE POSTED THAT 141 [MP's] ARE MISSING FROM TODAYS SESSION. YOU KNOW WHEN TALIBANI WAS PREZ FIRST TERM HE TOLD THEM DONT COME TO WORK,  DONT GET PAID.  THIS PLACE IS SO SCREWED UP IN 3 MONTHS THEY HAVE TURNED BACK THE CLOCK 7 YRS...

2-7-2013  Newshound Guru Kaperoni   All I know is that Iraq needs to meet the Standby Agreement which clearly said they need to "improve the functioning of the exchange regime."  At this point, Iraq has no exchange regime so they better get going.  What the rate will be, is unknown but they have stated free float.

2-7-2013  Newshound Guru 8Ball   [If the budget passes does it go straight into affect?]  Budget like any law must be passed through the cabinet and then signed by the President and then it is placed in the Gazette.

2-7-2013  Intel Guru SteveI   Ray and I have finally heard back from our contacts and the budget vote is still on for Thursday. I am aware of the few articles that say it is going to happen, and a few that say it will not.  So, unless our sources tell us differently, the vote will be finished tomorrow [Thursday].  We tried to get the timing of things after the vote has been completed, but they are not sure.  After talking to our sources, they are getting very concerned because Iraq is out of money to operate the country, therefore this passing of the budget is huge...


2-7-2013  Intel Guru Wife in the Know   I also have been told that once the Budget passes the revaluing of their currency will follow. Yes, this could take a day or so to happen or they may just implement it immediately, either way, with a passed Budget it will show.  No fan fare, just "POW" the new exchange rate against the US Dollar will appear. There will be no "LOP" as some still seem to believe, no "FLOAT" or ridiculous low rate as others keep suggesting.  We will get the 3.42 rate I have been speaking of and this will slowly rise over the natural course of time.   Be joyous my friends the wait is over.  [post 2 of 2]

2-7-2013  Intel Guru Wife in the Know   I have just been blessed with the good fortune of receiving more privileged information regarding our investment. As many of you know the Iraqi 2013 Budget is scheduled to be officially voted on tomorrow (2/7/2013). I have been told that all parties involved are satisfied and pleased with the terms and are planning on moving ahead with this endeavor. Yes, they are keeping their word this time and approving the Budget. Once complete, announcements pertaining to the Hydro Carbon Law, Chapter 7 and the removal of UN Sanctions will soon follow.  Now are you ready to get EXCITED!!   [post 1 of 2....stay tuned]

2-7-2013  Intel Guru TerryK    [did you get any thing definite on whether it will be a free or managed float?]   MANAGED IS WHAT I WAS TOLD, 2% DAILY.  [is it looking like Thursday night/Friday am or possible afternoon?] THATS WHAT IM BEING TOLD.  TOMORROW [THURSDAY] MAYBE THE WONDERFUL NIGHT. 2-6-2013  Newshound Guru Adam Montana   a huge swing in the value of the currency will NOT be announced beforehand - you are going to get that news AFTER the rate has changed. They won't want you to have an opportunity to stock up on Dinar before they change the rate, because that would cost them money. What they WILL do is make that decision, change the rate, and tell you AFTER it has been done.  So with that knowledge at hand, we can safely dismiss MOST things they tell us in advance, such as this [Standby] agreement, the Budget (which was pushed back to next week by the way), and most other things.

2-6-2013 Newshound Guru Med IRAQ COULD TRY TO DO IT [rv] BUT HONESTLY RIGHT NOW IT WOULD FLOP...YES WE WOULD GET OUR MONEY BUT IN A MONTH IRAQS ECONOMY WHAT THERE IS OF IT AND THE MONETARY POLICY WOULD BE A SHAMBLES...I HAVE MADE THIS STATEMENT MANY TIMES YES THAT A COUNTRIES CURRENCY IS ONLY AS STRONG AS THE GOVT THAT BACKS IT  AND THIS GOVT IS RATED AS THE MOST CORRUPT IN IRAQI MODERN HISTORY...THAT IS NOT SOMETHING TO STRIVE FOR  - IN 90 DAYS MALIKI AND THE [Not so smart person] HE PUT IN CHARGE OF CBI HAVE MANAGED TO DESTROY 7 YRS OF WORK BY SHABIBI

2-6-2013  Newshound Guru Adam Montana  [I'm seeing lots of articles about Iraq's interest in raising the value of their currency. I believe 1000 - 1 with the dollar has been mentioned. Is it likely Iraq will start that low and float up? Can Iraq realistically afford to start as high as $.10 or more with all of their currency floating around?]   It could go either way - straight to a dollar, straight to ten cents, or slow grow all the way up... A move from 1166 to 1000 would represent yet another gain for us. It's not a 1:1 move, but profit is profit is profit, and it's in the right direction. If they want to move it 166 pips per year for the next 6 years that is fine with me!

2-6-2013 Intel/Newshound Guru Flashing Well one more time my opinion is supported by articles or documents. Just check what i posted on Monday [view Guru Flashing 2-4-13 Post in the Dinar Guru Archive] and compare with these articles..."Maliki Meets With Kuwait Emir in Cairo; Discusses Iraqi Airways, Navigational Rights, and Demarcation of Border". Draw your own conclusions about ch 7...These articles are meaningful. Please be happy because everything is great and the real drivers are lining up. The cat will be at the house soon.

2-6-2013 Newshound Guru Adam Montana  [Does all the hype that I have read over the last couple weeks give you any pause to think that the wind is finally blowing in the right direction?]  YES, it does look like things are blowing in our favor again! I'm loving the recent wave of positive news, and looking forward to seeing some positive movement in our favor.

2-6-2013  Newshound Guru Kaperoni   Article:  "Abdul-Mahdi undertakes to ensure the staff of the Central Bank and demanded their release"   Nobody is cleared...warrant for Shabibi still exists and Saleh and others just out of jail on bail.  Pending some charge (that was never filed. lol)

2-6-2013  Newshound Guru Adam Montana     [On fox news they were talking about iraqi oil soon entering the market. Which is suppose to lower oil. But better yet i'm thinking the price of dinar increasing. Could you spread a little light on this.]  This is yet another reason why I shake my head and laugh at the nay-sayers... not only is Iraqi oil good for us, it's also good for them, and in turn it is good for Dinar investors! This is truly a situation where we get BOTH pieces of the pie.   [post 3 of 3]

2-6-2013  Newshound Guru Adam Montana   FACT 3: taking into account those last two sets of numbers, we can say that the Iraqi Dinar is performing just about as good as most 401ks out there... but we also know that most 401ks do NOT have any kind of massive potential. So for all you nay sayers out there - keep on hating, keep on yapping, keep on living in your negative world... I'm holding onto my dinar. [post 2 of 3....stay tuned]

2-6-2013  Newshound Guru Adam Montana    FACT ONE: the rate on the Dinar in 2003 was roughly .00027. In 2006 the rate was roughly .00068 ($680 per million). Today the rate is roughly .00086 ($860 per million). That's about a 25% increase in the last few years, right? So if you bought in that period, you are ALREADY WINNING.  FACT TWO: The DJIA (Dow Jones Industrial Average) in 2006 was at 10806, today it is around 13880. Those numbers look pretty similar to the Iraqi Dinar's progress around the same time frame, don't they? But guess what else happened in that same period... February 2009 the DJIA DROPPED to 7063, which was absolutely devastating to many. Guess what has NOT experienced a huge swing like that, despite the "turbulent and chaotic" situation it's in? That's right - the Iraqi Dinar.  [post 1 of 3....stay tuned]

2-6-2013  Intel Guru SteveI   [Awesome Steve...48 hrs before a change of life weekend]  Remember, 48 hours for the completion of the budget not seeing an RV, then whatever time it takes from the individuals to the CBI to post is not for sure. I have feeling they will not drag it out.  [When the budget is completed on Thursday, should we be able to see the rate or at least be able to tell that there will be a rate change?]  There will be a few steps within the government (departments and individuals) that will move this forward with the finishing authority being the CBI posting it officially. I really do not know the number of hours or days to accomplish this. My guess is that only a few people in Iraq know that answer.

2-6-2013  Newshound/Intel Guru BGG   Article:  "Government recognizes its inability to cancel three zeroes of the dinar"  This is an interesting trend – they are implying this decision is “out of their hands”. I think this is just a PR smear by Maliki...to “over-control” the CBI and represent that it is things other than his take-over of the CBI that is causing the economic delays to Iraq’s development.

2-6-2013  Newshound Guru Tlar   sounds like it is back to Shabibi's two step plan he proposed a while ago...I think they are much better following the two step program of going to the 1000 to 1 and then removing the zeros followed immediately by a managed or free float.   It would create many fewer problems.  I think they will come to this same conclusion if that is not already their plan.  It would definitely reduce the confusion when they drop the zeros.
2-5-2013  Intel/Newshound Guru Poppy3     [there are some numbers floating around of 138 BILLION DINAR for the budget, last year it was 100 TRILLION DINAR is there a translation problem?]  BUDGET HAS BEEN CONFUSING AT BEST BECAUSE DIFFERENT AGENCIES HAVE REPORTED IT TOTALLY DIFFERENTLY SO IT IS STILL IN QUESTION BUT WE SHOULD HEAR FACTS TOMORROW.

2-5-2013  Newshound Guru Kaperoni   Article:  "Iraqi official ruled out cancellation zeros dinar"   These articles are getting clearer and clearer...exactly what we want.  raise the value now, delete the 3 zero notes (small denoms) later.

2-5-2013  Intel Guru SteveI    After reaching out to our contacts we can confirm that they will vote on the 2013 budget this coming Thursday.  Everyone keeps asking about the timing after the budget gets approved. This I am not certain of. I know the process just not the timing between the parties involved.  Everything appears to have been completed and moving forward. Ray and I and every contact in the US and in Iraq stand firm on our rate that we have provided in our past posts. [See SteveI's posts1 & 2 dated 1-5-2013 for rate information]  [post 3 of 3]

2-5-2013  Intel Guru SteveI     ...if the restrictions of Chapter VII has not been lifted then how in the world could this be allowed. Many have speculated that this has nothing to do with Chapter VII, but have had this confirmed by several very qualified people they know the sanctions inside out, and it does have to do with VII.   If in fact Chapter VII has not been lifted, Iraq would not be able to revalue their currency and pursue entry into the WTO in which by the way they are currently doing.  There is no doubt in my mind that the United Nations is monitoring Iraq very closely and would never let them take the next step if it was not appropriate.   [post 2 of 3....stay tuned

2-5-2013  Intel Guru SteveI   If you recall, Ray and I have stated that the Chapter VII restrictions placed against Iraq was lifted. I would like to share an article that is proof that it has been done.  Article:  Dated January 31, 2013  EU amends sanctions regulation on Iraq:   The EU Foreign Ministers Council meeting here Thursday announced that it has amended regulation 210/2003 concerning certain specific restrictions on economic and financial relations with Iraq.  "This will permit the transfer of frozen funds to the successor arrangements to the Development Fund for Iraq put in place by the  government of Iraq under the conditions set out in UN Security Council resolutions 1483 (2003) and 1956 (2010)," The Council also extended the sanctions against persons responsible for the misappropriation of Tunisian state funds, including former Tunisian President Zine El Abidine Ben Ali, by 12 months, i.e. until 31 January 2014."   [post 1 of 3....stay tuned]

2-5-2013  Newshound/Intel Guru BGG   I think if all the political pieces fall in place for us correctly that we are 30 - 45 days away from the politics to be in place for this to happen.  Do we have to wait this long?  No, not even close.  If things go well for us in the next few days & the pieces fit together properly, they could be positioned politically for us for this thing to happen.  On the Maliki situation, I think Maliki has to be dealt with in some way, shape or form.  The CBI, UN and the IMF just will not put up with that kind of dictator.  Anything is possible on the RV/float perspective.  Deep down, I think it's going to be an RV.  Poppy3 thinks it will come out between $3.22 and $3.86.    [post 2 of 2]

2-5-2013  Newshound/Intel Guru BGG  There is an extraordinary amount of attention being placed on the budget, the Federal Courts Law and the Amnesty Law.  We have a lot to be thankful for right now.  The demonstrations and the clerics are behind this movement forward on the budget, the Federal courts law & getting these politicians ready to rock and roll.  I don't think we would be here without the demonstrations.  They said they would demonstrate until Maliki resigns. I doubt that Maliki resigns on his own.  [post 1 of 2....stay tuned]

2-5-2013  Newshound Guru Doc    So which scenario is correct? Actually we could at this point believe either.  We would prefer the first for obvious reasons and it makes sense as we've discussed in length to RV at a lower initial rate and let the market take it upward as Iraq actually produces more wealth.  At $0.69 it would definitely start the ball rolling.  We continue with our opinion the goal is to get the dinar to its pre gulf war levels of $3+ but it appears this is out several years as has been documented over and over again.  Let just hope the 138 billion number was not a misprint.  We report, you decide.  [post 3 of 3]

2-5-2013  Newshound Guru Doc    Another possibility here is the 138 billion dinar number was a misprint and it should have read 138 trillion.  This happens quite often in Iraqi news reports.  Doing the same math as previously this suggests the assumed exchange rate was 1448 dinar per USD which we know isn't right since the current program rate is 1166.  However, if 1166 is assumed the budget should be 111 trillion dinar and not 138 trillion dinar. This is possible if the 138 trillion number include budget shortfall of 27 trillion dinar ($23 billion) of which was not reported in the article.  We have to remember the 2012 budget included about 15 trillion dinar in shortfall.  Unfortunately we will not know until more information is made public.  The article also stated the vote would not be until Thursday while several articles said Tuesday.  So as usual we have conflicting information.  [post 2 of 3....stay tuned]

2-5-2013  Newshound Guru Doc   We just came across an article quoting some preliminary 2013 budget numbers.  The reports is quoted as the 2013 budget will be 138 billion dinar based on 2.9 million barrels per day export at $90 per barrel.  Lets assume the 138 billion dinar number is not a misprint and do the math.  First remember oil is sold in USD and not dinar so Iraq is assuming its revenue will be $95.3 billion USD (2.9 billion barrels times 365 days times $90).  To convert this to dinar we have to apply the exchange rate they assumed. To convert from $95.3 billion USD to 138 billion dinar they would have had to assume an exchange rate of 1.45 dinar per USD (138/95.3).  Another way of saying this is $0.69 USD per dinar which is around the 1 to 1 ratio.  It also supports the lower initial rate and float upward strategy which we believe is their goal.   [post 1 of 3....stay tuned]

2-5-2013  Newshound/Intel Guru BGG    The lower denoms are already printed.  They are just not released to the public.  This is confirmed.  They are only using about half of the denominations, not the full family of currencies just yet.  The IQD will be a reserve currency.  If you get a couple of countries like the U.S. and China holding it in their treasuries and trading it for oil, it's a reserve currency not matter what label you put on it.  There is not much paper currency within the borders of Iraq, what is there is torn and used up.  They are in a squeeze play right now and have to do something about it.  They need to get fresh money into the market place.  What we are seeing right now is the final struggles in this thing.  I don't see anything horribly bad for us.

2-5-2013  Intel/Newshound Guru Poppy3    MANY QUESTIONS ABOUT IRAQ STABILITY AND IF STABLE ENOUGH TO SATISFY THE UNITED NATIONS AND IMF.  LOOK, FINANCIALLY AND RESOURCE GROWTH, AND THE DEATH RATE IN IRAQ IS MUCH BETTER THAN THE USA RIGHT NOW.   I THINK THE UN AND IMF WILL APPROVE THEM QUICK IF THEY NULLIFY MALIKI’S POWER OR REMOVE HIM VERY QUICK. 

2-5-2013  Newshound Guru Shredd   Here's another big point: Without an international currency, you cannot manage your risks in the efficient ways that have become the standard in countries with internationally tradable currencies. The lack of international stability is also a problem in trade.  Lastly, companies in the developing countries would have to enter the global competition with a crucial disadvantage.  While their competitors would be able to hedge, swap, and obtain financing wherever it is cheaper and most convenient, they would be forced to rely on the credits and services provided in their weak, shallow financial systems.  So, hopefully this brings a little more light to WHY it is important for Iraq to move to an internationally tradable currency.   [post 2 of 2]

2-5-2013  Newshound Guru Shredd   [new guru]   It’s been coming up for quite some time whether or not Iraq really NEEDS to revalue their currency and get it to a place where it is internationally tradable. The question goes something like this; "Can't Iraq just keep on going like they have been and do all business in US Dollars?"  First of all, without an internationally tradable currency, Iraq is walled off from the globalized financial system, thus raising the cost of business and increasing risk and uncertainty in the economy.  This problem is that the CBI will not be able to provide a currency that people can use throughout the world. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/index.html#ixzz2KQ8hvZKH

2-4-2013  Newshound Guru Tlar   "I'm, not saying where [we're?] there yet, but it certainly seems this is all about creating the "right climate."  With the EU agreement, private investment, deals with European and Asian countries such as the Czechs and Ukraine and Sweden, Germany and China and Korea, WTO progress/training, the recent banking reforms (connectivity and training), more UN chapt 7 lifting articles, were getting close to activating the dinar internationally.

2-4-2013  Intel Guru TerryK    I HAVE 4 DIFFERENT SOURCES SAYING TOMORROW...BUT TREAT THAT AS A RUMOR.  I HEAR IT’S SHOWING LIKE 3.46 IQD IN DIFFERENT PARTS OF THE WORLD AND HEARING THE DONG IS AT .42 RIGHT NOW BUT TREAT THAT AS A RUMOR.  MY SOURCES ARE HOT FOR WED AND THURSDAY, SO LET’S SEE.

2-4-2013  Newshound Guru Kaperoni   Article:  "2013: is not encouraging for the replacement of the currency and deleting three Ocefarha"   I will say, with the large auctions the last few months (over 200 mil per day) they are seriously collecting dinar.  And that would not make sense unless they were about to transition.  That being said, I am not sold on any "boarders closed by US troops rumor."   Maliki does have a point about stability, yet, the IMF deadline appears real for Iraq to implement or at least be ready for there "exchange regime"  (float).  If Iraq fails to follow the agreement, and Paris Club were to cancel the negotiated terms of the debt forgiveness, come April/May all that DFI money could be lost to creditors.  Not saying it would or will, just that it is possible.  Therefore, I don't see delays and these articles are very hot and heavy today..circulated everywhere in Iraq...tells me they are telling the citizens something is about to happen to your currency.

2-4-2013  Newshound Guru Tlar   the troops are back in Iraq and the CBI is teaming with talented people from the IMF and US Treasury dept.  Also Turki sounds very upbeat about where Iraq is going and seems to be knowledgeable in what he is doing. People all over Iraq are speaking out against Maliki. The signs are there.  My timing was off.  [post 2 of 2]

2-4-2013  Newshound Guru Tlar   [have we come to your deadline date?]  Yes.  I thought Maliki would be gone by Feb 1st.  I was wrong.  I just don't see him surviving the onslaught of criticism and parliament’s ability to now override him. I was wrong on my timing but still believe in my premise  that he will not survive long enough to see the next elections, is accurate.  [post 1 of 2....stay tuned]

2-4-2013 Intel Guru  Fresh   Take a look at the figures...in the article published this morning on the revised budget...the previous budget was 138.4 Trillion Dinars ($118.3 Billion USD)...the new budget now says "The total federal budget 138 billion dinars, which is the largest in the history of the Iraqi state"  This could be big folks...

2-4-2013  Newshound Guru Doc   The one area we still are somewhat concerned about is the HCl.  The reports of it being passed are hogwash.  We have recent direct quotes from Barzani threatening to break away from Iraq now that Bagdad is once again not paying.  This deal is far from resolved and is most probably one of the major stumbling blocks left concerning currency reform.  We continue to look for key infrastructure to be put in place like HCL and then turn up the hype.  We report, you decide.  [post 2 of 2]

2-4-2013  Newshound Guru Doc   The best way to describe our situation is things are progressing.  There were several very good recent articles about accession into the WTO.  This is something we will keep a very close key on.  If this pans out then currency reform is a guaranteed precursor. Also there were many good reports of banking type laws being passed.  Things appear to be accelerating and we can only hope they will continue.  [post 1 of 2....stay tuned]

2-4-2013  Newshound Guru Kaperoni   Article:  "Government recognizes its inability to cancel three zeroes of the dinar"  it is clearer than ever that this is a Float/RV and not a LOP.  The only way they can withdrawl 3 zero notes is through the CBI's auctions...therefore we are correct as they have been trying to do that for while now.  This quote... "adding that any improvement in the political situation in the country will contribute to make this happen faster."  ...may be specifically talking about the float rather than a delay.  That as stability increases, the rate will rise do to international confidence.  Just a view.

2-4-2013  Boots on the Ground WAR   I went to the bank of Baghdad today, the exchange rate is 1170 for the past three weeks, there has not been any 25,000 Dinar notes at the bank or in the ATM machines. Now the bank has just received a injection of liquidity of 25,000 Dinar notes, so you see it is not drying up as we first thought. Today I tested my international Baghdad bank credit card. There was no 1.04 rate on it. So please do not spend your last dollar gambling that it will hit any time soon.  I am not looking for our blessing to happen until around the 15 February to March 7, things moving along, laws are being passed. Do not worry about the Dinar going down in value. This is part of the plan to weed out the weak at heart. Stand your ground, and we will see this RV come to fruition.

2-4-2013  Newshound/Intel Guru BGG   Article:   "Iraqi dinar would soon return to what it was prior to 1980 due to global demand: Banking and Finance Ministry Head"   Wow!!  He pointed out that “the dinar traded in global financial directory sites on the recovery of the currency and that there is a future for the Iraqi dinar and would soon return to what it was before 1980 because of the global demand in the global financial markets.”

2-4-2013  Intel/Newshound Guru Poppy3   Article:  "Economist: Value of IQD in decline since Shabibi’s ouster; Expect USD supplies to increase if GOI keeps policy"    ANOTHER CONFIRMATION TO ME,  I AM RIGHT ABOUT DR. SHABIBI OR A SUITABLE REPLACEMENT WILL BE THE HEAD OF THE CBI BEFORE WE SEE A RV.

2-4-2013  Intel Guru TerryK   WE ARE BACK ON TRACK. THE RV SCHEDULED FOR THIS WEEK.  THE RATE THAT I POSTED LAST WEEK WAS 3.42.

2-4-2013  Intel Guru Wife in the Know  The New exchange rate is factored in the 2013 budget and will rise over time...Rate 3.42 and with this weeks approved budget, history is made.  Stay positive friends.

2-4-2013  Intel Guru Gankans   Most likely they will all be a managed float until they get the markets corrected and things under control, an that may take quite some time.  [can they increase 2% as they please or will it be every 90 days]  This is a delicate matter that will be managed based on how controlled the markets are. All of the markets are going to plummet!  The EU is not in control of this...there are approx. 9-12 people calling the shots, and they have the plan and the map all laid out and and ready.

2-4-2013  Newshound/Intel Guru Bluedog   Said today by...The HEAD of the DEPARTMENT of BANKING and Finance Ministry:  "the DINAR traded in global financial directory sites on the recovery of the currency and that there is a future for the Iraqi dinar and would SOON RETURN to what it was before >>>>>>>>1980<<<<<<< BECAUSE of the GLOBAL DEMAND in the GLOBAL FINANCIAL MARKETS".

2-4-2013  Intel/Newshound Guru Poppy3   ITS ALMOST TIME TO SING . THE FAT LADY IS CLEARING HER VOICE AND GOING ON A DIET SHE IS DETERMINED TO LOSE THE 11.66 POUNDS OF WEIGHT BEFORE THE PERFORMANCE. SHE IS EXPECTING A WONDERFUL WEEK AND EXPECT TO DROP POUNDS LIKE TAKING AND WATER PILL AND RUNNING A MARATHON. A BUDGET WOULD ACCOUNT FOR A COUPLE POUNDS, A PASSAGE OF EACH CRIMINAL LAW AND AMNESTY WILL ACCOUNT FOR A COUPLE MORE, MALIKI RESIGNING OR BEING REMOVED WILL DEDUCT A FEW MORE MAY BE 5LBS , U N DROPPING CHAP7 ANOTHER, TARRIF LAW ANOTHER AND AS SHE STARTS SINGING FULL MEMBERSHIP TO THE WTO AND BY THE END OF THE SONG WE ARE ALL RICH AND DANCING IN OUR STREETS.  [post 2 of 2]

2-4-2013  Intel/Newshound Guru Poppy3   WHEN KUWAIT RV'ED THEY DIDNT DO ANY SUCKER RATE EITHER THEY CAME OUT AT THE HIGH RATE FOR 6 DAYS OF $9.04 THEN DROPPED TO AROUND $3.00 AND STAYED FOR A LONG TIME . THEY HOWEVER HAD TO QUALIFY FOR A LARGE LOAN FROM THE WORLD BANK AND ONLY WENT TO THAT HIGH RATE AND ONCE THE PAPER WAS SIGNED FOR THEIR LOAN THEY DROPPED TO THE NOMINAL RATE AND STAYED STEADY FOR A LONG PERIOD BEFORE THEY BEGAN FLOATING . THEY ARE AT $3.52 AS OF LAST WEEK WHEN I CHECKED. SOUNDS VERY GOOD TO ME.   [post 1 of 2....stay tuned] 2-3-2013 Intel Guru Terryk I’m hearing that the currency game will start tonight. I’m hearing that a lot of eyes in the far east will be a watching.  I hear that Iraq is ready. I hear that we will see an RI rate with a little to add. I hear that we will see the VND. I hear we are there.... But I got a sneaking feeling as I said last week we will see it tonight and have fun Monday.

2-3-2013 Newshound Guru Kaperoni part of an article Saleh wrote in January... I found it interesting how he references the "investment", "atmosphere strong" and ..."strong push". That is what were seeing now with all the investment agreements, EU, WTO, etc...this is all about creating the "right climate."   With the EU agreement, private investment, deals with European and Asian countries such as the Czechs and Ukraine and Sweden, Germany and China and Korea, WTO progress/training, the recent banking reforms (connectivity and training), more UN chapt 7 lifting articles, were getting close to activating the dinar internationally.

2-3-2013 Newshound Guru Tlar [Thoughts on Guru Kaperoni's Free Float Post Below] There will be a float...I only question the start of the free float...Do they start at 1166?  Do they start at .86 by removing the zeros first?  Or do they just belly up to the bar and start at $1.00?  Shabibi has said that his target was $1.00...Recent articles in April and again in May of last year said the target was 1 to 1 and that the smalls would be being released in September of 2012...I believe there will be an RV simulataneously followed by a float.  I also believe Maliki is beaten back enough that the bite is almost gone out of this dog.   In addition the IMF, the WB and now our Treasury Dept have all camped out at the CBI.  I don't believe they are not there just to let the currency float or any longterm  investigate of Shabibi.  I think preparations are being made with Turki/Shabibi to get the currency ready to be brought to market...I believe the value is not settled as of yet as to how the change will take place..  The story is still unfolding.  

2-3-2013 Newshound Guru Kaperoni facts that this will be a free float...the CBI is now directly telling everyone, were going to free float the dinar (flexible exchange rate system orbit is a free float)... how do I know?   Because this is called an “exchange regime”...There are only really 3 choices for any country (some variations are allowed)…but here they are…Free Float, Managed Float, or Pegged...what we are seeing here is the plan coming to a head.   That the CBI needs to “improve the functioning of the exchange regime”…IMO, that means implement their choice…the free float.  Once the dinar rises above the dollar (maybe 1-6 months) [After the free float begins] the new currency will come out, and the process will be reversed...If we get a float we should be estatic!

2-3-2013 Newshound/Intel Guru Flashing   some sources as well as dealers insisted the rv already occured. they have saying that since Thursday. they said they are just waiting for the international release. again those are rumors rumors rumors. iqd rate will be as per rumors within the range previously informed to u. becareful with ur decisions on the exchange process.  the articles are great too. one of the major achievements imo is that USA and UK are supporting Iraq in their attempt to get released form ch 7..good news [Articles] : Iraqi economy in the world’s fastest-growing at a crossroads. another one: EU amends Iraqi sanctions: Specific restrictions on economic and financial relations with Iraq..

2-3-2-13 Newshound Guru Tlar "Article - Kurdistan was unable to persuade oil companies operating has to invest again" Definitely you could class this as a Mexican standoff.  Kurdistan doesn't hit its [oil] projections because Bagdad is delinquent in paying the producers, and now Bagdad won't pay the back bills to these companies because Kurdistan is not hitting the targets, because Bagdad won't pay the companies, because Kurdistan did not hit their targets, because the companies producing are not being paid aren't hitting the targets, so Bagdad continues to hold their money.  Did I say that right?  I feel like I'm getting dizzy.  Sharistani, you run a rough merry-go-round..  Now it is backfiring in you face Mr. control.  Kurdistan wants off the ride.

2-3-2013  Newshound/Intel Guru BGG   Article:   "Five-side Committee stresses necessity IS’ ministers, leaders participation in National Gathering"   I’m not convinced this is “the National Meeting” we have been looking for, but it is very interesting and not uncommon for them to “mix things up” intentionally. Some of these “meeting” titles evolve over time – so it is very hard to tell what they are up to – but this is still a good occurrence.  

2-3-2013  Newshound Gurus Mike & L.J.  Maliki is trying to take control of finance committee; he wants even more $.  Maliki thinks he can replace ministers to gain control to access $.   Maliki thinks with his signature (being PM) & the signature of the head of the finance committee he could have access to money.  Many countries: US, UK, EU, Italy, Spain,Sweden, etc. support Iraq's political process. They are concerned as to how they will meet the demands of the people providing drinkable water, roads, & other demands for human rights. They want Iraq to "Git r done!" so they can do business. Exxon anxious to do business, trying to determine who to do business with, Bagdad or Barzani? Most likely Barzani. Maliki interferes with Iraq's progress in so many ways, he is in his last days! 2-2-2013  Intel Guru OCrush   This is in reference to iraqs accession to the WTO. There are major movements for Iraq to be accepted into the WTO. They already are obsevants but it seems they will become full members. For this to happen they need to be released from chapter vii and have an international traded currency. This will also allow iraq to move into the IMF'S Article xiii. The WTO is moving forward to allow Iraq for accession.  In conclusion we are almost there. They need to have an international currency to be a full pledged WTO Member!

2-2-2013  Intel Guru TerryK   ALOT OF EXCITED PEEPS IS ALL I BEEN GETTING TODAY.  I HAVE HAD OVER 100 CALLS.   NOTHING CHANGED, THINGS LOOKING GREAT....IT’S SO CLOSE I CAN TASTE IT.

2-2-2013  Newshound Gurus Mike & L.J.  Concerning the HCL and Erbil Agreement, the people were denied their % of profits by Maliki last year. It has come to pass, this year they should receive it.   It's been agreed upon. Moving forward! US troops were sent in to protect demonstrators. We are there to try to keep peace and prevent a civil war from happening when Maliki is ousted. Countries wanting to do business with Iraq are watching closely.

2-2-2013  Newshound/Intel Guru BGG   Article:  "Saadi delivers Kobler a letter to Ban Ki-moon"  This is an incredibly damaging piece (for Maliki). This is one of the leading Muslim clerics reaching out to the UN for assistance with the Iraqi Government....he is really turning up the heat. In fact, we are seeing a serious surge in activism from the whole religious community right now. This may not seem so important – but keep in mind, it was essentially the blessing of the clerics that got Maliki the job in the first place (Sadr, Hakim, Sistani and the Shia religious leadership in Iran). Not good at all for Maliki. There are some very damaging accusations in this letter…and as I’ve said all along – Ban-Ki Moon is no fan of Maliki’s.

2-2-2013  Intel Guru TerryK    CANADA DOLLAR  CHINESES WAN AND THE INDIAN RUBI ARE TO RV AS ANNOUNCED IN THE NEWSPAPER.  IT DID MENTION 3 MAJOR CURRENCIES.  [which newspaper...TK?]  WALL STREET. [Where is ours?]  IT’S COMING.  [What were the major currencies?]  IQD, DONG WERE TWO.

2-2-2013  Intel Guru Bluwolf   Let me make it sure that this blessing is in the air and it shall be received shortly without further restraints from no one. Just last night ...all of a sudden threw [through?] a national U.S. Weather tv station, a scroll was seen on the bottom of the screen informing to the reality that there will be a big revaluing of currencies and yes the Iraq and the Vietnam currency was spelled out...let it be known that all the above did occur.

2-2-2013  Newshound Guru Kaperoni   January was a record month for Iraq. Two banking conferences, EU ratification, investment deals, banking connectivity, UN meeting...When u put all that on what is coming in Feb-April, dfi money, WTO training, UN chapt 7...Iraq is about to take off...They will have no choice but to raise the value of the dinar and make it convertible/tradable.

2-2-2013  Intel Guru Footforward   The Asiacell info is irrelevant to the RV.  It does not signify the timing of the RV.  There are pieces to the puzzle that prove the RV WILL  happen and there are pieces to the puzzle that prove WHEN  the RV should happen and the two are not necessarily connected.  Not everything is an indication of the timing.  Be hopeful, be optimistic.  There is a time here soon where we will be in post RV mode.  [post 3 of 3]

2-2-2013  Intel Guru Footforward   There hasn't been any secret RV.  Once it RV's you will know right away.  The HCL has been agreed to on paper, it just hasn't been activated.  People forget that Iraq is under Chapter 7 sanctions and you do not call the shots when you are under these sanctions.  They haven't opened their budgets for several years because the budgets that they do are based on revalued dinar.  Everything is on hold until they actually have an RV, after that the money will start flowing.  [post 2 of 3....stay tuned]

2-2-2013  Intel Guru Footforward   Banks at the higher level are looking for this.  The RV should happen in February, you can piece things together, things that are moving forward.  The purchase of Boeing jets is not the sign of a broke country.  The Standby Agreement has not been renewed, it expires February 23rd.   If you don't have an RV and don't renew the Standby Agreement, then Iraq will be in a whole lot of trouble because they will not be getting any of their money back. So, the RV should happen between now and the 23rd.  Of course things happen, but it should.  [post 1 of 3....stay tuned]

2-2-2013  Newshound/Intel Guru Flashing   rumors and news are excellent...dealers are expecting it anytime now and...one of them said it already rved, but they are just waiting for the international release of the new rate...again rumors rumors...imo we r close but i don't have any evidence about an internal rv...some sources are saying tomorrow night is our night. again those r just rumors.  they insisted the rate will be between 5 and 12 for the iqd and .27 to .57 in vnd.  there is no holdups.  it will be worldwide at the same time...rumors [are] from trustable sources...expecting anytime now.

2-2-2013  Newshound Guru SWFloridaGuy   So, right now they are receiving training laying out all their economic and trade policies that relate to WTO agreements and then the next step will be to submit a memorandum to the panel for consideration.  The fact that they are even being considered right now tells me that they have already decided the direction that they are going take with their currency reform project. I'd say they're in good shape moving forward. In my opinion Iraq is headed in the right direction and so is their currency.  [post 2 of 2]

2-2-2013  Newshound Guru SWFloridaGuy   We have another encouraging report from the WTO. Senior Iraqi officials have received intensive training on the multilateral trading system and to joining the WTO. This is very specific and necessary training that is directly related to the procedural steps regarding accession.  Iraq applying for WTO accession is a great sign for investors because a convertible currency is necessary for Iraq to join the WTO...We believe this is an obligatory stipulation for accession where they are concerned. [post 1 of 2....stay tuned] 

2-2-2013  Intel Guru Frank26    Now keeping all this in mind IF We see a 2013 budget with an INTERNATIONAL rate soon Then IMO, Iraq will be presented the frayed remaining parts of the UN's Ch7 and walk right into article 8 of the IMF and that...is stupendous for us invested in the IQD! Timing is required in keeping a good rhythm. I like this timing, LOL.  IMO, It's about time!   [post 2 of 2]

2-2-2013  Intel Guru Frank26   IMO, Iraq will NEVER see the keys to their shackles until they add INTERNATIONAL value to the IQD. This is the way I see it. With the EU unfreezing Iraq's assets Iraq has NOW been given CONTROL of their currency. If Iraq truly wants to do INTERNATIONAL trade with The World once again then the EU has just opened the door wide for them to do so. BUT, First add respect to the IQD.  [post1of 2....stay tuned]

2-2-2013  Newshound/Intel Guru Flashing    By the way is worth to mention that USA and the United Kingdom are supporting the release of Iraq from ch 7,  because in the past these were the powers that wanted to keep Iraq in ch 7. So imo this is very relevant and indicates to me that this time Iraq holds all the cards to get their release from such chapter. In addition to that there were others articles that let us know the imminent status of the rv like this one:  "CBI authorization to reduce the dollar exchange rate to enhance the value of the dinar."  I feel very confident about our investment and the imminent status of the rv.  So be happy and hope for the best because there is nothing negative.  [post 2 of 2]

2-2-2013  Newshound/Intel Guru Flashing  there is a joint effort to get the pending matters done. At this point may be they are done or are in the final stage of them. All articles are supporting  an imminent rv as well as the release of ch 7.  Based on the...articles I think that may be the UN and the big players are looking  for a total release from ch 7 instead of a transfer from ch 7 to ch 6 and may be that is the reason why they are facing some opposition from Kuwait.  [post 1 of 2....stay tuned] 2-1-2013  Intel Guru Blaino   additional, we still see the $3.42 rate in the foreign currency division, as a buy rate (buy from you), there is no 'hold' and there is no sell rate (sell to you) which has popped in a few times at $3.6x for 9 to 10 minutes, 4 minutes ONCE.... this is from a major, nationally recognized bank...it has to be some of the best information there IS...Methinks!  we will likely see a float (managed or "dirty" float) and there is some conversation that it will likely be close to the KWD.  [post 2 of 2]

2-1-2013  Intel Guru Blaino   THERE IS A SECRET DEAL THAT I AM INFORMED OF, CANNOT HAPPEN IN A 'CURRENT VALUATION' SITUATION...CANNOT SAY MORE, BUT THAT DEAL IS MOVING FORWARD!  last night's festivities were delayed 24 hours (according to my information today).  Time is short for the life cycle of the rv/current currency situation in IRAQ.... And it's not looking like it will survive the midweek hump next WEEK...There may be a lot to see tomorrow or MONDAY.   iraq has been out of the drivers seat for a long, long TIME.   i was planning a "pass" through tuesday at 6am CST...But, Nope!   we may see something (based on the last few calls) in that interval.  [post 1 of 2....stay tuned]

2-1-2013  Intel Guru TerryK   HOW MANY OF YOU HAVE DONG.   WHAT WOULD U SAY IF I TOLD YOU YOUR GOING TO MAKE SOME GOOD CHANGE ON THE DONG.  WELL THATS WHAT I GOT A FEW DAYS AGO AND HEARD IT AGAIN TODAY, .91 DONG.

2-1-2013  Intel Guru Frank26  I am going to do a Blue Post tomorrow around 7 pm est.   IMO, You still do not understand what DELTA brought You today.  It is their money NOW...They can RV NOW.  How and why...Tomorrow.  Stay with the CITIZENS tomorrow. 

2-1-2013  Intel/Newshound Guru Poppy3   i just got a call saying maliki has been dealt with during this meeting that has taken place today at najafi's home and that he has been issued a ultimatum in writing to sign all documents he has been served on all his previous agreements, erbil. 140, hcl, borders and to complete his appointments, lift the outstanding warrants on officials and perform all duties by tuesday or he will be removed from office period. This is from a source i know, but i don't know his source, but i know he is in dc and has in the past had some very good information. He like me is taking the news with a grain of salt and hoping like us it is all true. Stated there is another meeting at najafi's home tomorrow to prepare for tuesday parliment meeting...Time will tell.

2-1-2013  Newshound Guru LoriC   Article:   "The existence of a large cash reserve of hard currency is kept to face the difficult circumstances that may occur in the country gives the strength of the dinar against foreign currencies. The central bank's policy is aimed, according to the benefit to the stability of the exchange rate of the dinar against the U.S. dollar, likely equal to the price of the Iraqi dinar against the U.S. dollar during the next two years after the implementation of the project to delete three zeros from the Iraqi currency."  This was a great article from today that confirms our suspicions about a historic, huge 1 to 1 RV.

2-1-2013  Newshound Guru Kaperoni   Article quote:  "international standards to improve government performance and to serve the overall development process and the public interest and ensure providing accountability and transparency of government performance."  if Iraq implements the financial reforms they are suppose to, they will have a difficult time stealing as the article said.

2-1-2013  Newshound Guru Administrator Bob   Article:  "Council of Ministers: the deadline next May immunity"  This is big news.  The end of financial immunity forces Iraq to interact with creditors.  If not, they are subject to leans, lawsuits, etc.  This particularly is interesting as it relates to the Paris Club, IMF Stand-By-Agreement scheduled to expire Feb 23rd.   2013 appears will be the year for Iraq to complete the plan.

2-1-2013  Newshound Gurus Mike & L.J.  Formation of Iraq government is key. Emergent deadlines approaching. Iraq needs to "grow up" & value their dinar in order to run w/the big boys. CBI is moving forward as quick as it can. Adding too much value too quickly could cause instability. Economic process takes a lot of time considering factors that need to be correct. CBI is slower without Shabibi, but has to get it in gear for emergent deadlines. Maliki doesn't want the Iraqis to have anything.  When Maliki is gone, it seems Shabibi would be back to restructure the bank & thereafter cause great change in a few weeks time.

2-1-2013  Intel Guru TerryK    HEAR IF YOU HANG ONTO YOUR DINAR THAT IT WILL BE WORTH LIKE 11 BUCKS BY THE END OF FEB.  THERE IS GOING TO BE A RATE GIVEN LIKE A 3.42 RATE THEN IN A FEW WEEKS IT WILL BE UPWARDS TO 11...BY THE END OF FEB.  THATS WHAT I WAS TOLD THIS AM, MANAGED FLOAT.  KUWAIT IS GOING TO RV AS WELL.  HEARING DONG CAN BE AS HIGH AS .91.  I WISH I COULD TELL YOU EVERYTHING THAT IS GOING ON.  A FEW OF MY SOURCES HAVE PM'ED ME ON HERE AND HAVE CONFIRMED ALREADY WHAT I WAS TOLD.  ITS HUGE PEEPS AND ITS REAL  [post 2 of 2]

2-1-2013  Intel Guru TerryK   I GOT GREAT NEWS THIS AM BUT THEY PUT THE DUCT TAPE ON MY MOUTH.  IF I TOLD U WHAT I KNOW YOUR EARS WOULD MELT.   SO IM HEARING IT CAN BE HOURS, NO LATER THAN SUNDAY NIGHT.  IT CAN BE EARLIER BUT IM HEARING AT THE LATEST SUNDAY NIGHT.  ITS NOT IN OUR CONTROL THINGS HAPPEN.  YOU’RE DEALING WITH GOVERNMENTS, NOT JUST ONE BUT MANY.  [post 1 of 2...stay tuned]

2-1-2013  Intel Guru BOBGETZ6   As I understand it, the CBI site will be live, not static when the rv occurs internationally. The rv will be a managed float of 2% over a 90 day period. No movement up or down beyond that. That refers to the CBI site rate. Also, as I found out yesterday, the dealers WILL NOT get advance notice...Trying to gather information from a dry and quiet well.  Everything supposedly is done and could happen anytime, but not continually hearing voices. So we wait, as usual.

2-1-2013  Newshound/Intel Guru Flashing   as of 8:00 am pr [Puerto Rico] time dealers were selling dinars. I personally verified that. However these sales can be stopped at any moment since they are expecting instructions regarding the new rate of IQD...so we still are in an any minute alert as per rumors. I will keep you updated.

2-1-2013  Intel Guru Wife in the Know   Remember, as I stated previously the final piece to the puzzle is the approval vote of the 2013 budget. This again is scheduled to take place early next week (Feb. 5)...My husband has told me that there can no longer be delays on the opening of the new budget, reason being is that there are many signed contracts with different countries and independent contractors that can not be rescinded. Along with that, Iraq wants to be able to be part of the international community, and this will only happen once there budget is approved and all sanctions are officially removed (already done) and announced.   I am very excited to finally see this investment come to fruition, and I fully believe it will happen this up coming week! The rate will be 3.42 and rise over time from there, don't let anyone tell you anything different. We are truly at the end friends.

2-1-2013  Newshound Guru Adam Montana   [Who is ultimately responsible for pushing the button on the currency reset for any country? There are so many opinions out here, IMF, WTO, BIS, etc. Who actually is the implementer?]   I can't go through the entire world and list all the countries, but in this case the CBI is in charge of the "button". When they say the rate goes up - up it goes! Of course, they need to have the support of the outside market to make it a huge success, which is why they didn't just arbitrarily do it years ago. They have worked steadily towards a stable and powerful supporting system in order to make this work. The UN has stated they are compliant, Kuwait has forgiven most all of the debt, the US is backing them, and they should have no problem supporting a higher rate when the CBI says it is time.

2-1-2013  Intel Guru Gankans   If the Dong RV's tonight so will the Dinar and all the others.  The rates will shock a lot of people when they come out, but the rate will be determined off of their oil, gold, and other precious metals and valuable resources.  It's ridiculous how close we are. I'm blown away that we haven't gotten to the end of this book. Look for it.

2-1-2013  Newshound Guru SWFloridaGuy   From what I can gather Regulation 1210, which was just amended to favor Iraq...It has been amended to aide in the manumission of frozen funds, further promote trade with Iraq and free up financial and economic resources. I believe EU amended these sanctions to promote economic and financial relations between the European Community and Iraq.  I would very much like to get my hands on the exact language and legal structure of how they amended these sanctions because it could have great implications for Iraq's financial future. This is great news for us. 
1-31-2013  Intel Guru Flashing   ready for the rumors:   a dealer said it already rv.  they are just waiting for the official communication and the final rate. they are just waiting this during the next hours.  again, such are rumors and i still waiting for a call.   i am very optimistic because i received such rumors of an rv of certain currencies at feb 1 about 2 weeks ago.  remember that the current situation is totally different to the one in previous years and or months. the drivers are done.  articles are screaming two letters = rv.   [post 3 of 3]

1-31-2013  Intel Guru Flashing    the ratification of the two agreements related to the major obligations under ch 7, made possible the release of Iraq from ch 7.  After reading the article issued today, IMO,  Iraq is out of ch 7.  So these news are outstanding and let us know the imminent status of the rv. As i always told u there are a direct relationship between ch 7 and rv because the devaluation of the iqd was a sanction. So be very happy because we are about to see the birth of this golden baby.  [post 2 of 3....stay tuned]

1-31-2013  Intel Guru Flashing   Iraq is just like a person in jail. In order for that person to be free again, she has to meet certain requirements or obligations . In the case of Iraq, Iraq had to meet certain regulations and obligations so that he could leave the ch 7 and therefore could be relieved of its sanctions. Iraq has made its utmost effort to meet all its obligations under ch 7 and agreed with kuwait on them. ...the major obligations of ch 7 were done.  [post 1 of 3....stay tuned]

1-31-2013  Intel Guru Delta     The big announcement is:  We are going to see the revaluation of the Iraqi dinar in February.  This comes from 3 high sources.  Everything is ready to go.  Don't know the exact date.  They may do it before the budget.  We don't know the rate.  [post 3 of 3]

1-31-2013  Intel Guru Delta    We have confirmation from the IMF that the Standby Arrangement will not be extended anymore.  They did  not say anything about an extension of the DFI funds.  It will expire in May.  If they revalue their currency they will not need an extension any more.  All indications is Iraq will have to basically support themselves.  They will have to start paying their debts.  They will have about 80% of their debt erased but they will have to reach certain benchmarks.  One of the benchmarks that Iraq has to meet with the sponsor of the World Bank & the IMF is to restructure their currency. Will they do it?  They don't have a choice.   It is not in Iraq's hands, when the time is right the The World Bank & the IMF will do it.  [post 2 of 3....stay tuned]

1-31-2013  Intel Guru Delta   The CBI is now connected to all the banks in Iraq, this was a huge announcement in Iraq.  This gives us an indication that the CBI is ready to go. They announced that they will open a free market zone in 3 areas in Iraq.  They will do a lot of trade between Saudi Arabia, Kuwait, Jordan and Iraq.  This was huge.  Iraqi Airlines - Kuwait got their money, 500 million dollars and now Iraq is going to start flights to Germany, Sweden & basically all over the world.  The budget will be approved on the 5th.  It doesn't look like there will be any problems or issues with the it.  Looks like they are all happy.  Can they revalue before they have a budget?  Yes, they can.  They can revalue before or after the budget.  [post 1 of 3....stay tuned]

1-31-2013  Intel Guru TerryK   MY MAIN THREE SOURCES HAVE CALLED TONIGHT, THEY ALL ARE IN THE SAME BOAT YET THEY DO NOT KNOW EACH OTHER...THREE SOURCES SAYING THE SAME THING...WONDERFUL CALLS TONIGHT.  THE BLESSING IS UPON US.   WE ARE THERE.  IT’S COMING PEEPS.   I CAN’T TELL YOU THE DETAILS JUST BE READY.  AS I HAVE SAID THIS PAST WEEK AND LAST NIGHT, IT UPON US.  IF NOT SOMETHING MAJOR HAPPENED AND HELD IT UP BUT IM BEING TOLD IT’S BEEN SIGNED OFF.

1-31-2013  Intel Guru Blaino   there is a lot of intel that we are... in the quickening and the clock on this is ticking down;  last night and all day today, additional information has allowed us to see that 'something is AFOOT!".... We have a tremendous positive expectency...also: working on the idea of managed float at ... Remember our RATE.... $3.4x give or TAKE.... And maybe as a managed float from THERE.

1-31-2013  Intel Guru Bluwolf   It seems to be imminent that the INTERNATIONAL RELEASE OF ALL CURRENCIES IS IN THE AIR. All brokers are now awaiting for there phone call to close up shop (all sales must stop before the rv.). There were some very important video conference calls from our central bank to all banks in the U.S.   Bank screens are blinking like Christmas lights, so I think that this blessing will come forth within a few.  America, Puerto Rico and the World be forever blessed, I declare prosperity to all and wisdom to do what is right. Remember that it shall come like a thief in the silence of the night.

1-31-2013  Newshound/Intel Guru Flashing   remember i told u about a meeting in Dubai and an bout the possibility of pr [Puerto Rican?] dealers to stop sales during this weekend. well apparently is true. in addition almost two weeks ago i told u about an  RV  schedule for feb 1. well we r on track. articles are on line with such rumors.  i am trying to confirm that information.

1-31-2013  Newshound Guru Mountainman   Right now the GOI is working very hard on passing the budget and the HCL with 25% of those profits going to the citizens. There are a lot of rumors floating around right now that seem to coincide with the news. So, let's hope this is it.

1-31-2013  Intel Guru TerryK   ANYONE HEARD THAT CNBC JUST ANNOUNCED THE RV TOMORROW FOR IRAQ? - JUST GOT A CALL ABOUT THAT, SO GO CHECK IT OUT AND ALSO HEARING THAT THAT RATE IS ABOVE 10.  [Now that would make no sense - Everyone would be buying?]  I KNOW BUT THINK WHO WOULD UNDERSTAND THAT STATEMENT OTHER THAN US THAT IRAQ WILL BE RE EVAL ITS CURRENCY TOMORROW, WHO WOULD OR HOW WOULD THEY GET THE CURRENCY ANYWAY.  SO THAT’S THE CALL I JUST GOT - I DON’T KNOW IF IT’S REAL.

1-31-2013   Intel Guru Okie_Oil_Man      WE HAVE TALKED WITH THE MIDDLE EAST THIS MORNING AND THEIR ARE ALSO RELATED ACTIVITY IN THAT REGION AS WELL AS HERE IN THE U.S.A.   IT APPEAR'S THAT WE MAY BE AT THE END OF THIS SAGA THAT HAS BEEN GOING ON FAR TOO LONG.  [post 3 of 3]

1-31-2013   Intel Guru Okie_Oil_Man    THE PROJECTED DATE AND RATE'S ARE SUPPOSED TO BE A SETTLED QUESTION PRESENTLY. AS TO WHEN THE ACTIVATION PROCESS ACTUALLY BEGINS ARE UNKNOWN TO ME FOR CERTAINTY BUT APPEAR'S TO BE VERY CLOSE.    [post 2 of 3....stay tuned]

1-31-2013   Intel Guru Okie_Oil_Man   GOOD LAST DAY OF JANUARY AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIEND'S. THE AMOUNT OF INFORMATION WHETHER FACT OR RUMOR HAS BEEN RAMPANT THESE LAST 2 DAY'S. IT APPEAR'S FROM THE FACT THAT CAN BE GLEANED FROM THE FICTION THAT ALL THE PRE-REQUISITE'S HAS FINALLY BEEN ACCOMPOLISHED AND WE ARE SIMPLY IN A WAITING MODE FOR ACTION'S TO TRANSPIRE. [post 1 of 3....stay tuned]

1-31-2013  Intel Guru TerryK   LOOK AT THIS MESSAGE  "Terry, Just got a call and being told RV tonight at 11:59 PM at $3.42."  

1-31-2013  Newshound Guru Kaperoni   Article:  "Parliamentary warns of economic impact of reducing Iraq to tally of gold on the national economy"   This is great.  Mahma Khalil again who is a Kurd pointing out that selling gold is bad.  He continues to push the high dinar exchange rate. We need to hug this guy.

1-31-2013  Newshound Guru Tlar    Well Shabibi's gone, we have no RV as of yet. and the 10,000 counterfeit bill is of a concern again.  Iran's economic lifeline is again operating at full speed.  Yes, hard currency is once again being drained out of Iraq but it should not have a noticeable long term effect on the currency value.   It is hard to pass and it is expensive.  I think this is intentional.  But to us, IMHO, it is more of an aggravation than any real threat to the value of the currency and most likely will stop with the election of a  PM who is not sympathetic or beholden to Iran.  [post 2 of 2]

1-31-2013  Newshound Guru Tlar   Two years ago the Iraqi government was informed by the US intelligence that Iran was counterfeiting dinars and selling them in Iraq for hard currency.  Shabibi asked the government to get on top of the counterfeiters because the CBI had no security force to do the job.  The government did not respond.  Eventually,Shabibi put steps in place within the bank that made it much harder to be able to sell counterfeit currency, money launder, or smuggle, all the tools necessary for state sponsored counterfeiters (Iran) to be successful.  [post 1 of 2....stay tuned]

1-31-2013  Newshound Guru Adam Montana    [We in the past had heard that "No RV until the Ministers were seated or until Iraq has formed their government" has this happened? or are we still waiting for this to happen?  Does this still apply to the RV?]   I don't think I ever specifically stated that, but there is at least SOME quality to that opinion. There was a time in the past when it was simply impossible for them to successfully RV their currency, due to massive gaps in their coordination and structure. As of today, I would be comfortable saying they are capable of successfully pulling off an RV.

1-31-2013  Newshound Guru Bondlady   they did work on the budget yesterday and how can they come to an agreement on the distribution of the 25% of the oil profits if theres not already an agreement on the hcl ?   how can you pass out oil profits without the last part of the HCL already being passed, thats the part and last part of the HCL , the part they fight most over, who gets what and how much, so they did work on the budget yesterday and we see it today, ;, see how important all this is.
Read more: http://www.dinarguru.com/index.html#ixzz2K2dwAZ9g

1-30-2013  Intel Guru Bulldog75   IRAQI AIRWAYS HAS CONTRACTED TO $ BUY (50) NEW BOEING 737 & DREAMLINERS 787. A COUNTRY WHO CAN PURCHASE 50 NEW AIRCRAFT FROM BOEING HAS A TREMENDOUS AMOUNT OF IN-COUNTRY FINANCIAL STABILITY AND WEALTH. THE COUNTRY OF IRAQ HAS SUCH AN ABUNDANT SUPPLY OF: MINERALS, OIL, GAS, GOLD, SILVER, DIAMONDS THAT IT IS DIFFICULT TO CALCULATE THE $ WEALTH OF IRAQ. THE 'CE' [CURRENCY EXCHANGE] HAS TO COME TO FRUITION FOR THE MANY MULTIPLE REASONS WE HAVE GROWN TO KNOW.

1-30-2013  Intel Guru OCrush   [via HopesAway]  Cousin just answered another one of my questions.  I asked him where we are at with the hcl law?  His response....it is done, there are new contracts put out by the ministery of oil.  One contract that is stil being negotiated is exxon mobil. It seems we are almost there.  [post 2 of 2]

1-30-2013  Intel Guru OCrush   [via HopesAway]   Lt. General Calsen is in charge of our units.  For the past 2 weeks they have been coordinating the closer of ALL borders.  This coordonation involves iraqi, kurdish, jordanian, hired military hands, UN and our boys and girls.  C130's have been flying in from Germany to supply the needed armaments for this coordination.  This could only mean one thing,  to protect iraqi's interests as my brother said.  Holy cows we are there.  It feels like a dream but its really happening.  [post 1 of 2....stay tuned]

1-30-2013  Newshound Guru Adam Montana   [Can you please explain why the banks have had a change of heart. Are there any new developments that we are unaware of?]   I don't think there has been any "change of heart".  All of these banks know they will trade the Dinar when it becomes tradable, but until then they don't want to waste time on the phone and in person with people asking tons of pointless questions. So the "official" policy is "no dinar" - but the REAL intention is always to make money, so of course they will trade it when the value changes.

1-30-2013  Intel Guru OCrush  Something urgent is happening in iraq.  My cousin spoke to the new deputy of the oil ministry. (I didn't know the old was replaced) There are changes that were made within the contracts that reflect a favor to its iraqi employees.  There will be a notice on this changes at the appropriate time (within days) he told him.  My cousin senses the revaluation will happen first before the budget is released.  It seems companies are taking steps for the change.  Also BIG military movements within Iraq.  Don’t have details,  my brother will try to call me later.  Anything can happen at any time...expect surprises without any notice.

1-30-2013  Intel Guru SteveI    The list goes on but the fact that it is not done is very clear, no budget means no money, period! Until this happens we can just all sit back and let the powers to be complete their mission.  Why the budget has not been passed is fairly simple, a few blocs just could not agree. Now that they finally all agree...things will move forward quickly.  I am extremely excited and confident in what we are sharing and what is about to happen. Ray and I ...try very hard and spend many hours verifying what is being told to us from our contacts.  Things will change very quickly after the budget gets final approval.  [post 2 of 2]
 
1-30-2013  Intel Guru SteveI   As we near the end of January 2013, many things were in the works to have made this happen. Many things did, but not enough of them to release the new currency and the new rate.  So here are a few facts that is known:  1.  The Iraqi Budget of 2013 will be voted on Tuesday, February 5, 2013.  2.  The United Stated Treasury is still in Iraq working with the Ministry of Finance.  3.  The Iraqi Budget of 2012 and official accounts were closed December 31, 2012, so in order to draw funds from the 2013 budget it needs to be approved.  4.  Iraq needs money now, not months from now.  5.  Banking laws are in place and ready to go.  [post 1 of 2....stay tuned]

1-30-2013  Newshound Guru Adam Montana   [When Parliament passes the budget for 2013, do you think that there may be a way to tell from the budget if they are planning to r/v soon , such as the size of the budget or places where they have allocated more funds?]   No, not a chance. The budget will absolutely not tell us anything about the RV - that will be a completely separate budget based on a completely different rate.

1-30-2013  Intel Guru BWM   IMO and again, this is an opinion...based on information that it would not happen during January...after that, we take it as the information comes...I'm still hopeful for february or I'd tell you otherwise.  also, the "big" celebration in Iraq according to my sources had nothing to do with currency...it was several things of which the dinar was not involved.

1-30-2013  Newshound/Intel Guru Flashing   check this, it is huge -  Article:  "Iraq Signs Maritime Navigation Deal with Kuwait:  Iraq on Tuesday approved a deal with Kuwait regulating the use of a shared waterway through which most of Baghdad’s oil exports flow, which Iraq had accused its neighbor of attempting to cut off. Control of the Khor Abdullah waterway is one of several outstanding issues between Iraq and Kuwait...The agreement opened the door to discuss other unresolved issues between Iraq and Kuwait"  Baghdad pays five percent of its oil and gas revenue into a special United Nations fund that pays compensation to Kuwait for its invasion and seven-month occupation of the emirate...be prepared because this rv is going to pop up very soon. 

1-30-2013  Intel Guru Footforward  There is a lot going on in Iraq, but ignore it, it really is irrelevant.  There are different opinions on both sides as to whether Maliki will be staying or going and Talabani is still alive and well and in Germany and is getting treatment for his back as for as I know.  Turki is the acting figure head for the CBI.  Basically, Shabibi is still calling the shots, he is still very much a part of things.  The banks are on alert, as we are.  The Iraqi government expects this to happen.  The CBI expects this to happen.  I am still expecting the rate to be really good and I am still expecting it to go at anytime.   [post 2 of 2]

1-30-2013  Intel Guru Footforward   There are a lot of good indicators out there that things are moving.  The budget is not a drop dead indicator for the RV.  They can't open their budget until they have an RV and this is beyond Iraq's control.  Is the budget a good thing, yes, but not an RV indicator. The people of Iraq believe that the RV will happen in a short period of time.  How close are we?  What is holding it back?  There is a battle for control over the world banking system, it's that simple.  [post 1 of 2....stay tuned]

1-30-2013  Newshound Guru Adam Montana    rumors and "intel" should always be taken with a grain of salt...but this one is becoming more than a rumor, and it is happening NOW.  Shabibi, in my opinion...was in the way of progress, and now he has been removed. If you do some research on al-Mutlaq, you will see that he was also holding up things and rubbing people the wrong way - I highly doubt he stepped down on his own, more likely he was forced to "resign".  The bottom line here my friends, is that once the first piece falls... the rest come soon after, and that is what we are seeing.  [post 2 of 2]

1-30-2013  Newshound Guru Adam Montana    recently we have been watching for a complete seating of the GOI, a resolution (official) on the HCL and Chapter 7, and a very telling note is the removal or resignation of certain officials.  several weeks back, Shabibi was forced out of his role.  I received news about two weeks ago that more heads would be rolling soon, either voluntarily or by force.  I received a stronger confirmation of that news just last Friday and now on Monday we received official word that Saleh al-Mutlaq (Deputy Prime Minister) has voluntarily resigned.   [post 1 of 2....stay tuned]

1-30-2013  Intel Guru Winalot   latest update at 6:00 am this mornin...should show publicly sometime today or tonight at the latest.

1-30-2013  Intel Guru Frank26    based on what “we” know; the budget may come out next Tuesday without a rate showing whatsoever.  they will likely mask us all the way out to Feb. 23rd.  Why? The reason being is due to the need of laws and Ch. 7 not being released. It has to do with Laws and Article 8.  We are in Ch. 7 of the UNSC; we are in Article 14 of the IMF and we wish to walk into Article 8.  The rate can be released anytime…but the conditions must be right; the timing must be right for it to come out. The laws need to be passed. Borders, HCL, tariffs…etc.   this is a POWERFUL thing that is happening; not just for Iraq; but for the WORLD!

1-30-2013  Intel Guru Delta   [will Iraq have trouble revaluing their currency?]   No.   Iraq has no problems with their currency...not one penny will be consumed from their reserves when the RV occurs...no matter the rate.  Reserves increase with the release of the new currency and economic growth; jobs will fuel and cover the reserves and the RV. Their resources are off the charts. When this thing comes out it’s going to be powerful. They are ready to go. They are waiting…to go. The whole world wants to pour into Iraq. 
1-29-2013  Intel Guru Gankans    TK [TerryK]  is spot on about this happening very very soon.  I say, should be cashing out in 2 days.  There is something significant going on right as we speak.  This has nothing to do with TK Or any of his sources.   If all goes well over the next 8 hours, we should be in the clear.  Please understand that this can change at any second.  I hate to say that, but it's true.

1-29-2013  Intel Guru Winalot    I have heard from a couple of bankers that the rates are in the banks and from 1 exchange group.  did you guys notice that the IMF did not update today? most of the rates are blank?

1-29-2013  Newshound/Intel Guru Flashing   On the other hand rumors are great. i still receiving rumors that there is a revaluation schedule for Feb 1 as indicated to you last week. . The rv could happen in any moment.  PR [Puerto Rican?] dealers are getting ready in terms of facilities for the exchange. Again there are rumors that banks are on a green alert. This is about to pop up as per different sources and i am very excited about anytime during this week.  [post 2 of 2]

1-29-2013  Newshound/Intel Guru Flashing   Excellent news were posted yesterday in several articles.  everything is great with respect to Iraq and Kuwait so the environment is adequate for a big event.  With respect to ch 7, as i said before Iraq will be transferred from ch 7 to ch 6 under the Supervision of UNAMI.  It is the preferred option of Ban Ki . Kuwait and Iraq accept that option too. [post 1 of 2....stay tuned]

1-29-2013  Intel Guru TerryK   O [OBAMA] GOT SOME THINGS WORKED OUT IN VEGAS WITH CHINA.  HE IS ON HIS WAY BACK TO THE BIG HOUSE…TOMORROW HE MEETS WITH A LOT OF DIGNITARIES.  I’M EXPECTING AN ANNOUNCEMENT TOMORROW NIGHT ABOUT THE RV.  LET’S SEE WHAT TOMORROW BRINGS.

1-29-2013  Intel/Newshound Guru Poppy3  From my perspective, they are cutting Maliki step by step.  They have been more deliberate and more positive in their doing things towards Maliki in the last 3 - 4 weeks.  Everybody has turned against him & want him out of there.

1-29-2013  Intel Guru OCrush   This is good news for us.  The corruption will be limited and this is one way to get rid of them so the country can move forward.  The 2013 budget will be transparent and each minister has to report to the integrity committee on the progress of all projects that fall under there juristiction.   the budget is not activated yet.  It will be so don't drive yourselves crazy.  One more fact.  Unami has completed reviewing the 2013 budget and I believe they put out a short statement a few days ago.  This is a good sign.  Why you ask?  If the budget wasn't ready they would not have reviewed it and put out a statement.  [post 2 of 2]

1-29-2013  Intel Guru OCrush   Tomorrow is the last day for the law makers to submit there financial statements (this includes parliament, ministers, presidents and so on).  They have 30 days to submit them and it started January first and ends January 30th 2013.  This falls under the integrity law and for those that do not submit there financials they will be investigated under the law.  As of January 18th only 162 members submitted there financials, 151 were still holding out.  Najaifi, Maliki and a few other high ministers and presidents already submitted there financials mid-January.  Most law makers that have not submitted the financials come from Iraqiah (Allawis former bloc).  They will probably resign to save themselves.  [post 1 of 2....stay tuned]

1-29-2013  Intel Guru TerryK   WHAT I JUST GOT AND I CAN’T GIVE IT ALL:  O [OBAMA] IS IN VEGAS MEETING WITH CHINA.  HE IS DOING OTHER THINGS BUT THAT’S THE MAIN REASON. THEY ARE IN MEETINGS TO ENSURE FUNDS ARE ALIGNED TO SUPPORT THIS RV THAT IS COMING, COMING LIKE THIS WEEK, MAYBE AS SOON AS TOMORROW NIGHT.  NO RATES.  IT’S ALL IN GETTING THIS DONE.  CHINA WANTS IT DONE NOW.  PERIOD.

1-29-2013  Newshound/Intel Guru BGG   The Term Limit Law was passed. They are making legitimate progress in the news.  I have said there will be no RV until they deal with Maliki in some way.  It is possible that he stays if the IMF & UN are comfortable enough to have him in place. The passing of The Fed Courts Law and the Term Limits Law may be enough to make them comfortable.  Huge news...The Supreme Court Justice in Iraq had corruption charges against him.  I don't think we are going to see a rate in the budget.  I don't think it is the linchpin to the RV.  I think dealing with Maliki is going to be the linchpin. They don't want to turn things over to a dictator.  We are in the home stretch, it's not very far off.  The news is all good, let's hope for good things in a week or so.

1-29-2013  Intel Guru TerryK   IM HEARING ON ONE SIDE WE ARE TO SEE THIS BLESSING ANY MOMENT AND YET SOME ARE SAYING THAT WE MAYBE ON HOLD...BUT I DONT PUT STOCK IN IT AT ALL.  IM STICKING WITH WHAT THE WASHINGTON SOURCE TOLD ME YESTERDAY THAT WE ARE THERE.  I WAS BUMMED WHEN WE DID NOT SEE THIS SUNDAY NIGHT AS I WAS TOLD BUT YOU ALL HAVE TO UNDERSTAND I BRING WHAT IM BEING TOLD FROM MANY SOURCES.  IF THINGS WORK OUT AND THE SOURCES ARE TRUE WE CAN STILL BE LOOKING AT THIS ANY TIME.

1-29-2013  Intel Guru Frank26   Who cares about ch7 anymore?  Few.  Because It's waiting for timing and KW only.  Also, Is oil the only thing to back up RV?  NO!!! What is on top of this OIL?!  GAS and WATER.  MORE VALUABLE than oil.   Why?  Because it is for Iraq and some countries around them for trade. Infrastructure and Commerce growth.  Hence The Chamber of Commerce immersed in Iraq NOW. You see, Commerce is the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural and Impacts their INTERNATIONAL status with conditions of a valued currency.

1-29-2013  Newshound Guru Adam Montana  With the current state of things, it's starting to look like the stars are lining up in our favor.  I have 100% confirmation from several major banks that they DO have plans to move from "no dinar" to "bring it on!"  so... until that RV is announced, we still wait.

1-29-2013  Intel/Newshound Guru Poppy3   We know about the call for the vote on the budget & that doesn't mean that the RV will happen when it is passed, but it is a step on the ladder and they have made a few steps in the last few days.   I think there are two things left before the RV:  1.  Dealing with Maliki   2. someone in charge of  the CBI that the IMF approves of.  I don't see them working with Turki. 

1-29-2013  Newshound/Intel Guru BGG   they are moving right along and like I said... I believe we’re in the home stretch...we’re in good shape.

1-29-2013  Intel Guru Gankins   We are right on target for the...RV. Should be seeing this all very soon.  [Do you think it will go very far into 2013?]   no.

1-29-2013  Newshound Guru Med    REMEMBER THOUGH  THAT IS NOT EXCHANGE RATE,  THAT IS THE REPLACEMENT OF WHAT IS OUT NOW VERSUS WHAT THEY WILL RELEASE  AND JUST HOW MUCH.  THE RATE  CAN GO ANY DIRECTION.  I STILL THINK THE BEST WE WILL SEE  IS AROUND THE SR TO ABOUT .84.    THE SR IS ABOUT .28 TO .33.  [post 2 of 2]

1-29-2013  Newshound Guru Med   I AM JUST GOING OVER... THAT ARTICLE...THE TRANSLATION  FOR LIKE THE 20TH TIME.  I AM TOTALLY CONFIDENT IN WHAT I DETERMINED IT WAS SAYING. THIS IS ABOUT THE REVALUATION AND DISTRIBUTION OF NEW CURRENCY VALUES.   IT WILL BE DONE SLOWLY BUT SLOWLY AS IN HOW THE DENOMS ARE RELEASED.  THEY ARE NOT GOING TO FLOOD IRAQ.   I AM SAYING  BY THE ARTICLE, THE RELEASE OF THE RESTRUCTURED CURRENCY  IS GOING TO BE OVER,  IT LOOKS LIKE WHAT THEY FIRST SAID, TWO YRS.  [post 1 of 2....stay tuned] 1-28-2013  Intel Guru SteveI     I am reading (only one) article that says the 2013 budget will be voted on next Wednesday and not this Wednesday. I believe this to be not accurate or they are reporting this in error.  I also think this week looks good for this to happen, but I also feel that it very well could go into February. It is coming and it is just around the corner.   We are working very hard to acquire some additional information that we can share.  [post 2 of 2]

1-28-2013  Intel Guru SteveI   What I can share, and this is coming from several of our sources in and around Baghdad, that there is quit a high level of activities taking place.  By activities, I am saying there are many countries that have sent diplomats.  My assumption is that these countries would not have sent the upper level diplomats for an extended vacation and sit around until the Iraq leaders get their acts together. This just does not many any sense.  [post 1 of 2....stay tuned]

1-28-2013  Newshound Guru SWFloridaGuy    We can look at that in 2 ways, it's either saying they're just going to continue to work with them as they have been or they are working with them on a plan right now. The timing sure does feel good for them to make a move now. Whether that's a small move or a drastic one, who knows. We've seen on par with the USD mentioned many times though.  I doubt they'll go international until the rate is much higher but that's just my opinion.  [post 2 of 2]

1-28-2013  Newshound Guru SWFloridaGuy     A month ago the Secretary General of the UN said that regarding compensation, "The Board of Directors of the Compensation Committee of the UN noted Iraq's commitment to fulfilling its obligations," and expressed that appreciation continued to the GOI and the Committee of Financial Experts Iraqi for their continued cooperation with the Compensation Committee. [post 1 of 2....stay tuned]

1-28-2013  Newshound Guru Doc   What is really interesting here is Maliki was blocking much of these recently enacted laws just a few months ago.  We find it interesting that after visits from the IMF, EU, USA, etc. Iraq seems to be moving forward with break neck speed.  Did the international pressure finally get to Maliki?  Remember the IMF expects Iraq to be a contributing member by 2014.  Did he finally relent to the will of all the people?  Who knows but whatever the dynamics you have to be encouraged.  Things are finally getting done.  We still must caution all that Dr Turki said this will be done "soon".  Hopefully soon is a quicker time frame than "in coming days".  We report, you decide.   [post 4 of 4]

1-28-2013  Newshound Guru Doc   The second statement we enjoyed is "correct value of the currency, must be taken slowly and carefully".  When you look at this with the recent articles from the CBI on monetary policy it suggests some type of float.  Yes it could be that they are taking their time to RV to a higher value but coupled with the other articles we do not believe so.  The best economic situation for the CBI is to RV at a lower value and let natural market forces drive up its value as Iraq actually produces increased oil supply.  We can not see them RVing at the high rates report by some with any type of float.  Any little hiccup in regionally stability or oil supply would most likely send the currency plummeting.  [post 3 of 4....stay tuned]

1-28-2013  Newshound Guru Doc   There are two statements we really find encouraging.  First Dr Turki stated they are in process of taking the steps needed to be in position to raise the value.  We have speculated in the past that certain laws needed to be in place to sustain stable currency reform over the long term and that Shabibi and now Turki understand a rush to RV would be disastrous.  We have recently seen laws get passed such as banking laws, push to join the international electronic banking community, etc. that we have not seen in the past.  These are all needed to maintain a stable currency in the long term.  The 50,000 pound gorilla (in our opinion) that they lack is HCL.  Without this the assets are not secured and the underlying value to support the dinar is not there.  Dr Turki rightly linked a raise in value to these assets.  [post 2 of 4....stay tuned]

1-28-2013  Newshound Guru Doc   We did see the speech by Dr Turki after our last update.  We have to admit we are excited.  The information in the speech aligns very nicely with the two articles from the CBI we reported on in out last update.  First you must be careful and determine if this information is pertaining to currency reform or to the short term goal of getting the street value of the dinar to the program rate.  Our opinion is this is in reference to currency reform since Dr Turki tied this value back to Iraq's assets.  Most of the time the short term references are purported as "raise the value in the coming days" and linked to the immediate decline of the dinar and worsening purchasing power.  [post 1 of 4....stay tuned]

1-28-2013  Intel Guru Okie_Oil_Man    [Do we know why this is being held up?]  THE COMPLEXITY OF GETTING 198 COUNTRIES ALL CO-ORDINATED AND IN AGREEMENT ON A WORLD GLOBAL RE-SET OF THEIR CURRENCY IS MIND BOGGLING.  ALL IS TIED TOGETHER--THIS IS A GLOBAL SCENARIO.  [post 3 of 3]

1-28-2013  Intel Guru Okie_Oil_Man   THERE ARE MANY THING'S THAT CAN'T AT PRESENT BE ELABORATED ON BUT HOPEFULLY SOON WE WILL BE ABLE TO OPENLY DISCUSS THE DEGREE OF COMPLEXITY THAT WAS NECESSARY TO BRING ABOUT THE SUCCESSFUL CONCLUSION OF OUR HOPE'S AND DREAM'S.   I AM VERY ATTENTIVE AT THIS TIME.  [post 2 of 3....stay tuned]

1-28-2013  Intel Guru Okie_Oil_Man   GOOD AFTERNOON AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIEND'S--TODAY (MON 1-28-2013) THERE APPEAR'S TO BE A GREAT DEAL OF ACTIVITY GOING ON BEHIND CLOSED DOOR'S AND BEHIND THE SCENE. FROM INFORMATION RECEIVED TODAY IT SEEM'S THAT EVERYTHING IS VERY PROGRESSIVE AND MOVING FORWARD TOWARD'S OUR GOAL.  [post 1 of 3....stay tuned]

1-28-2013  Newshound Guru Bondlady   Article quote:  "The Central Bank issued a decision committed by all private banks and government using banking systems developed to be able to to keep abreast of developments in the international banks. added: that this decision will help to develop the banking sector and to enter the competition in global markets, plus it will help to attract foreign investments and contribute to the development process."   "and to enter the competition in global markets", international baby...bring it on...when they let them all do the auctions that helped them all to raise their capitol for one which the cbi told them they needed to do and this was a very quick way to do that, as selling usd made all of the banks participating mucho profits and hence raised their capitol to support the loans and the people and to back whatever transactions they needed to also it brought in major amounts of iqd back to the cbi preparing for what we know is about to take place the new money and new rate, i guess i should insert here, IMO, but i think i'm right and if i'm not i'll stand up and say so.

1-28-2013  Newshound Guru Doc    Also Kuwait requested the UNSC continue to keep the Iraq-Kuwait situation on the agenda the rest of the year.  This suggests chapter 7 release is [not] eminent as some suggest.  We have not seen a closed deal on chapter 7, budget, GOI, HCl and others.  We also see Maliki fighting for his political life.  We simply do not believe currency reform is at any second since the political climate continues unstable and the Kurds are still considering withdrawing from Iraq.  We hope that the current events concerning Maliki are resolved quickly and this fury of activity is actually completed.  We report, you decide.   [post 2 of 2]

1-28-2013  Newshound Guru Doc    We still remain cautiously optimistic at this point.  We have seen a fury of positive news in the past only to be disappointed.  However the current fury appears to be extremely focused on those things that we believe will preclude currency reform.  Our cautious position remains since we are still seeing delays like the budget vote.  [post 1 of 2....stay tuned]

1-28-2013  Intel Guru BWM    [Is this RV really out of Iraq's hands?]   my firm belief has always been this was out of iraq's hands TO AN EXTENT... that being, that while this is their currency I don't feel they are the controlling element in deciding the timing for this being international. I believe you will see all the items come together at roughly the same time which of course will let everyone say "see, I told you so" but at that point most of us won't care of the other outcomes, IMO.

1-28-2013  Newshound Guru Mountainman  [referencing video translation below]  I especially liked this part... Mr. Turki also stated the Central Bank of Iraq is currently in the process of applying these steps to the restructuring of the currency.  Perhaps Maliki dumped Shabs because Shabs was not moving on this... I don't know if Shab's will be back or not.   I took note of the people in the audience at that meeting ...Japanese and others were present and this meeting was held in Bagdad.

1-28-2013  Newshound Guru Kaperoni     #4 and #6 are very good and appears that Turki is moving forward to raise the value of the dinar.  They use the magic word "soon" again.  lol   There is nothing in this translation that is "different" from what we already knew.  Just that Turki himself spells it out for the attendees.   Very good and positive.  [post 3 of 3]

1-28-2013  Newshound Guru Kaperoni   ["must be taken slowly and carefully" now thats a complete understatement.]   that actually could imply a couple of different things.  Either they are taking their time preparing/implimenting this event, or they could be talking about a method in which they raise the value (float).  "Slowly and carefully" seems to say more towards a "managed float" than a "free float."  but again, we will just have to wait and see what occurs.  [post 2 of 3....stay tuned]

1-28-2013  Newshound Guru Kaperoni   [referencing video translation in posts below]   The 5%" -  IMO they are talking about the distribution of the new lower denominations of currency in Iraq.  He seems to say that the local currency traders will get this currency (about 5%) of what was printed.  10% will be held back for replacements, etc.  and 85% will go to banks.  [post 1 of 3....stay tuned]

1-28-2013  Newshound Guru Kaperoni   I asked...in detail about the translation of this; "Does this mean 5% is going to other banks for distribution?" and he said no, he said, "Mr. Turki expressly stated that the five percent was going to be distributed to exchange houses so people may exchange the currency for the restructured currency". I also asked him... "Did Turki mention anything about deletion of the zeroes or printing new money?" He said no.  [post 4 of 4]

1-28-2013  Newshound Guru Kaperoni    7) In conclusion, Mr. Turki said that 10% of the restructured currency will be retained by the CBI and 5% of the restructured currency will be distributed to exchange houses. It should be noted that Mr. Turki remained vague as to whether these changes would be put in place on a global scale, nor did he state that these changes effect only the Iraqi economy.   At no time during this speech, did Mr. Turki mention nor name the process "deletion of the zeroes", nor did he state within this speech, that Iraq is in the process of replacing the currency. In relationship to the Iraqi economy or currency, Mr. Turki continued to refer to the application of wealth to the currency, as "restructuring" of the value of the IQD.  [post 3 of 4....stay tuned]

1-28-2013  Newshound Guru Kaperoni   4) Mr. Turki said steps will be taken to "restructure" the Iraqi currency, which will be based on the country's resources, and the wealth of the resources will be reflected and applied to the value of the currency.  5) Mr. Turki stated that the measures taken to properly asing [asign?] or instill the correct value of the currency, must be taken slowly and carefully, and so they will be.  6) Mr. Turki also stated the Central Bank of Iraq is currently in the process of applying these steps to the restructuring of the currency.  [post 2 of 4....stay tuned]

1-28-2013  Newshound Guru Kaperoni   [translation via OutoftheWoods & Stryker]   This video surfaced today...it directly pertains to the New Iraqi Dinar investment. Dr. Abdel Bassit Turki recently spoke at the Union of Arab banks conference January 12th, 2013..."Here is the translation sent to me from ReVbo. My Arabic translator reviewed this and said it was very good and accurate.":  1) Mr. Turki stated that Iraq has major resources; which, of course, oil is a part of, but there are also other major sources of wealth within Iraq.  2) Mr. Turki stated these resources will effect the Iraq economy strongly.  3) Mr. Turki went on to state Iraq soon plans on applying this wealth to back the currency of Iraq, for the benefit of the Iraqi peoples. [post 1 of 4....stay tuned] 1-27-2013  Newshound/Intel Guru Flashing   i received a call that banks are on green light...codes were changed. it agreed with the information received on friday.  the person who contacted me last week did it again...and told me that the 10 days will reflect the rate.  if we consider for that count friday then the 10 days period expires tonight. however if it started on saturday then it will expire tommorow...in addition from netherlands a person told me this will occur tuesday or before at $3.6...ok again those are rumors and u should do ur homework and draw ur conclusions.

1-27-2013  Newshound Guru Doc    We find it funny that now [that] it looks like he could be replaced, a lot of the things he opposed are moving forward like banking laws.  Recall we have always been of the position the RV needs certain things in place for it to be a success and Maliki opposed these things because he does not support the RV due to ties with Iran.  We are seeing what appears to be very good progress now that Parliament seems to be embolden and not fearful of him.  We can only hope this continues.  [post 2 of 2]

1-27-2013  Newshound Guru Doc    We find it interesting the Maliki appears to be losing favor with the people.  Lots of reports allude to this fact.  It is also encouraging there appears to be enough votes to get him out of there. A recent NY Times article was quoted as saying Maliki has been consolidating power, imprisoning those that oppose him and endorsing relations with Iran ever since Obama pulled troops out.  This is just another data point which supports our postulation that he has been the main obstacle to progress in Iraq.  [post 1 of 2....stay tuned]

1-27-2013  Intel Guru TerryK   im still hearing that, and this is from this past week, that we look very strong to tonight or monday...for the rv to pop... there are 30 baskets total...the first basket that will be released is ours...11 currencies...so with that our blessings are on the way.

1-27-2013  Intel Guru Frank26   WE HAVE A BUDGET...LOOKS LIKE WITH RATE.   IRAQ NOW takes on NEW WORLD acquired debt. For a POWERFUL reason. 10 plus years they have asked others to pay their global bills. NOW They want to impress INVESTORS and show that THEY ALONE can pay their OWN world debt.  How? By taking care of their CITIZENS via 2013 budget and INVESTORS. Look at what the CBI is doing with The World! Soon You will see more money, More accounts, More Stuff that will answer the qt - Where is the new rate? You are looking for an RV.  Not I.  I am Looking at it. I will not be surprised to see the 2013 budget released just a few days after the 5th of Feb. Without a rate. IMO, Rate will be amended closer to the last week of Feb.

1-27-2013  Newshound Guru Bondlady   the people were supposed to get the 25% of oil profits at the end of 2012 but the fighting stopped the final reading of the hcl, so maliki had to file a law suit delaying the 25% to the people in 2012 because you cannot do it without the hcl, thats the profit sharein...it will invite the whole world into iraq to invest...pass it and all things move full speed ahead for everyone in iraq and the world.  [post 3 of 3]

1-27-2013  Newshound Guru Bondlady   now they have to choose 1 of the 3 agreements and pass the final vote for it and it'll be a huge historical thing too as its took them forever to do, article 140 falls right in here too and they have come to agreements on most of that just doing the finalizing of it all now and the same applies here too, imo, to the hcl, they will go together or shortly right after each other and it will have to be because its also part of the budget.  [post 2 of 3....stay tuned]

1-27-2013  Newshound Guru Bondlady   i think they may have had a secret agreement per the hcl and its just not voted or it's not announced yet.  so, they have narrowed it down and they did read it once and it was passed for the final vote but the kurds blocked it saying thats not what they agreed on so it went back to be amended.   kurds feel like they deserve more of the profits than anyone else does but that they have come to agreements. [post 1 of 3....stay tuned]

1-27-2013  Newshound Guru Doc     The same article mentioned the "float" strategy.  Our opinion continues as reported many months ago that the plan is to introduce the dinar at or below $1 and allow it to float up as the markets determine. It also appears there is a 2-3 year vision to work the dinar back up to the $3+ range as it once was before the gulf war. We believe this makes huge sense in that the value will increase as the infrastructure improves and more oil is actually produced.  [post 2 of 2]

1-27-2013  Newshound Guru Doc    There was tons of great articles and news releases from last week.  Several came from the CBI which were very forthcoming.  One specifically talked about linking the banks electronically to the internationally which we see as excellent progress.  This obviously would facilitate trade with Iraq making financial transactions much simpler.  Another article discussed monetary policy and specifically mentioned getting the dinar on par with the USD.  While this is not new news it once again verifies our position that the $3+ initial rate rumors are simply not factual and certainly not supported by the body of evidence.  [post 1 of 2....stay tuned]

1-27-2013  Intel Guru BWM   [Will budget trigger rv as so many are saying?]  my theory with the budget is sort of like the thought process with Chapter 7... many say you will see the budget announced and then an rv... my thought process is that we COULD see an RV before the budget but if we see a budget before we hear about an rv, if it wasn't almost simultaneous, it could be a bad thing for us...as you saw today the budget was postponed again...why? I still believe they are trying to put this through and if they were to put out all these things from Iraq they'd have no more excuses as to why we haven't seen it. 1-26-2013  Newshound/Intel Guru BGG   Article:  "Presidency of the parliament sets Tuesday of next week the date for the vote on the financial budget."   This piece is so critical because they made some huge progress today…but did not complete the final 2013 budget. However, it is most interesting they are coming right back after it IMMEDIATELY. I’m very excited about everything that got done so far.

1-26-2013  Intel Guru Wife in the Know   [new guru]   I hope your spirits are flying high, as they should be, here's why. World wide investors are meeting in droves with different Iraqi agencies to finalize agreements that have been pending international banking regulations. Also, as you have been reading from certain posts (OCrush) many laws and events are lining up for the execution of currency revalue that we all have been waiting for. Yes, this is the very end of this journey. Be excited! Much of what you hear has been mis-representation of the truth, this is not. Rate will be $3.42 and rise over the course time.  Budget approval along with the revealing of chapter 7 freedom, Hydro Carbon Law and other awaited events will be announced at the same time. We are expecting this within days of happening.

1-26-2013  Newshound/Intel Guru BGG   Article:  "Maliki calls for his successor to form a majority government"   This is just Maliki making his big, grand, sweeping speeches with his back to the wall.  His complaint that they are “going against the will of the people” is about the Parliament enacting the Term Limits Law – essentially taking him out of the running and not letting “the people” (HIS people) vote for him to have a 3rd (unconstitutional) term as PM.  His whining about “his successor” is interesting – I do not believe he thinks he’ll be ousted. This is just more politics on his part. He’s just angling for the world to “accept” a Shia dictated regime unfettered. I think he’s dreaming – AGAIN!!

1-26-2013  Newshound Guru Med    AN EGOMANIAC, I AM NOT SURE HE WILL EVER THINK HE DID WRONG TO MAKE A DEAL FROM WHAT I READ.  NOW, WHAT THEY WERE BRINGING HIM INTO PARLIAMENT FOR IS CORRUPTION.  HE THOUGHT ALSO HE COULD SWEEP THE RUSSIAN ARMS SCANDAL UNDER HIS RUG THAT NEVER WENT AWAY AND NOW THEY WANT THAT PROSECUTED.  IT IS SAD ISNT IT THAT A MAN WHO CLAIMS ALL OF IRAQ LOVES HIM CANT WALK DOWN HIS OWN STREETS.  [post 2 of 2]

1-26-2013  Newshound Guru Med    I DIDNT PREDICT IT BUT I SAID THIS, IT WOULD BE THE STUPID MOVE FOR MALIKI TO KILL PROTESTERS ** IT ONLY TOOK THE DEATH OF ONE WASNT IT TO START THE REVOLUTIONARY WAR.   I WILL BE TOTALLY HONEST HE PROBABLY HAS DONE ENOUGH BASED ON HIS STANDARDS TO BE HUNG, I CANT SEE ANY OTHER ENDING FOR HIM UNLESS THE NA BEGS FOR MERCY AND KICKS HIS *** OUT WHICH I SAW IN ONE OF THE ARTICLES.  [post 1 of 2....stay tuned]

1-25-2013  Newshound/Intel Guru Flashing   Kuwait asks UNSC to retain Iraq­-Kuwait issue on its agenda for 2013...they need to handle missing persons and properties under the supervision of UNSC. this could be done under ch 6. [is this thing going down this weekend?  Rv?]  nobody is 100% sure, there are just good rumors out there which are on line with other positive things happening now.   everything is great...we are in an excellent and historical moment so be happy.

1-25-2013  Intel Guru Bulldog75   Article:   "CBI LAUNCHES ELECTRONIC NETWORK CONNECTIVITY; THE SINGLE WINDOW SYSTEM: APPEARS THE CBI IS IN THE WTO SINGLE WINDOW SYSTEM WHICH IS NECESSARY FOR TRADE FACILITATION!"  IT NOW APPEARS THAT THE CBI IS AT THE FRONT DOOR OF ELECTRONIC LINKING OF DAILY INFO FOR THE AUCTIONING & TRADING OF FOREIGN CURRENCY BETWEEN BANKING INSTITUTIONS. THIS IS THE OPENING OF THE 'ELECTRONIC WINDOW SYSTEM' WHICH IS AN ABSOLUTE NECESSITY "TO TRADE INTERNATIONALLY". FOR A COUNTRY TO HAVE AN INTERNATIONAL RECOGNIZED TRADEABLE CURRENCY ONE HAS TO PARTICIPATE WITH THE WTO, IMF, BIS.   IT APPEARS THIS EVENT IS TIMELY FUNCTIONING AND FULLY APPROVED BY THE PTB, POWERS THAT BE.

1-25-2013 Newshound Guru OCrush On the the flag and anthem side something is happening tomorrow.  Rumor is there is some type of unified coordination to introduce them but we are not sure.  Either way just the fact that it resurfaced just before the 2013 budget is implemented is a great sign!  New Flag, New Anthem, New Dinars spells unity on all fronts for the iraqis.  Something to celebrate, don't you think?!!

1-25-2013  Newshound Guru Kaperoni   Article:  "Central Bank launches electronic network connectivity information Auction"   It seems to me, they may be making the CBI website "live" electronically which is a step in the right direction.   But if it just related to auctions or not, we will have to wait and see.

1-25-2013  Newshound/Intel Guru Flashing    Rumors confirmed by other sources about a possible rv tomorrow. Be happy, optimistic and prepared in terms of security and depends. lol  Again, just rumors, but confirmed by other sources.

1-25-2013  Intel Guru BOBGETZ6   To me, it is just a matter of who holds the trigger. As  winalot said, "they have to do it and now" The trigger person, IMO, is the key. It will be far less complicated than most imagine. It will just happen, or that is the way we think.

1-25-2013  Intel Guru Winalot   Did you guys all get the importance of the CBI announcing electronic banking yesterday?  Cbi announced, with the approval of the WTO, the opening of electronic banking. That is the "single window system". To participate in the window system, you HAVE to have an internationally recognized and tradeable currency. what do they need to have that? an rv. and it has to be PRIOR to opening and the window is open...as of yesterday.  I think this is by far the most telling of anything so far. They have entered the International waters of banking and trade!  i think it is a matter of when it shows up, could be any second, literally...Just my opinion.

1-25-2013  Intel Guru SteveI   I did talk to a few of my contacts and I am being told that all is on track and going as planned. Yes there has been a delay on the final vote for the amended budget of 2013. I still believe by the end of this month for sure. If not, shortly thereafter, but I do not see it going very long into February. They are flat out of money and need the budget opened and implemented.  I am still being told that they are out of Chapter VII and Iraq will make the announcement very soon. I do not think all of the laws and new transactions would be taking place if this was not a fact.  I have read many great articles and it seem to be crunch time now to wrap things up and move forward.  Many other forums are echoing the very same thing and they also feel by the 31st of this month.

1-25-2013  Newshound Guru Breitling  Nothing but good news.  All of the business articles coming out are saying the right things & they have the right motivation.  They say they redeveloped the banking sector and the banks are saying we are going out globally, we are going to bring people in, wealth in.  I can't wait for it to revalue, to start pipping up.  I hope it does it soon and I think that it can do it soon.  I have never been in anything like this that has been so black and white on the potential.

1-25-2013  Newshound Guru Med   THE FIRST SIGNS THAT MALIKI HAS LOST A GRIP SHOWED UP TONIGHT.  CAN ANYONE TELL ME WHAT HAPPENED TODAY THAT LAST YEAR WOULD NOT HAVE HAPPENED?  [The ministers told Maliki to shove it]  YES, EXACTLY AND HE WAS TOLD THAT NO ONE BUT PARLIAMENT CAN EXCUSE THEM BECAUSE THEY ARE ALL APPROVED BY PARLIAMENT.  THE VOTE COUNT IS  40 VOTES SADRISTS, VONC [VOTE OF NO CONFIDENCE];  20 VOTES ISLAMIC COUNSEL, VONC;  75 VOTES IRAQI LIST, VONC; 55 VOTES KURDISTAN ALLIANCE, VONC.  THEY HAVE 190.  ONLY 163 MEMBERS HAVE TO VOTE, VONC.  THEY HAVE 27 VOTES OF WIGGLE ROOM. 1-24-2013 Intel Guru TerryK   THIS VERY WELL MAY GO DOWN TONIGHT...ACCORDING TO SOURCE.

1-24-2013  Newshound/Intel Guru Flashing   [so then we are a possible for tonite, tomorrow but you feel best chance is Saturday.]  based on rumors saturday...saturday is a rumor brought to me by sources. imo it should be done on or before jan 31, but it is my opinion and i could be wrong...[Rate on IQD?]  different rumors about iqd rate: some are saying dummy rate for some days, others still saying between 5 and 12.  [flashing are you hearing anymore about VND?]  sources still saying .27 to .57.  people are asking for rumors and i brought them what i heard, however i posted above why i am excited and has nothing to do with rumors.  So articles are great, rumors are great then i am very happy and excited too...we still on track.  [post 3 of 3]

1-24-2013  Newshound/Intel Guru Flashing    7. iraq agreed on navigation at Khor Abdullah (preliminary agreement).  8.  Deputy of Basra: Kuwait took over 11 oil fields and the Parliament confirms the countries approaching lay foundations.   9. Iraq has signed bilateral agreements with big countries such as U S A, China, Japan etc in order to improve their infrastructure, agriculture, economy , education etc. 10. Iraq expects an agricultural and industrial revolution during the 2013.  11. Greece reached a budget agreement during november. 12.Iraq has found more oil, gold and other significant assets during the last  months.  [post 2 of 3....stay tuned]

1-24-2013  Newshound/Intel Guru Flashing   Among other things the [12] reasons why I am excited are: 1. iraq quadrupled During the last gold reserved months (August to October). it did not happened in previous years.  2.  iraq to transfer from ch 7 to CH6. Not done in previous years.  3. High level coordinator post not renewed. 4. Kuwait Airways Settlement Ratified by Kuwait last tuesday. (not in previous years) it was one of the Most Significant Obligations under ch 7.  5. Significant Developments in banking systems. (CBI launches Auction.  6.  iraq agreed with kuwait on borders. [post 1 of 3....stay tuned]

1-24-2013  Newshound Guru Tlar    I believe they will go back to a managed float immediately following a significant raise in the value to 1 to 1.  The CBI's posture then will become protectionary position for at least 12 - 24 months as suggested in the study.   Protecting the new rate will be their primary goal.   I think they will first "remove the zeros" then go to a managed float...The above assumes that Maliki is gone and governmental opposition to raising that value has evaporated.  [post 3 of 3]

1-24-2013  Newshound Guru Tlar    The point ...is that Shabibi felt the bank was ready to do a 1 to 1 exchange and release the "new" three language dinars as far back as July of last year and most likely he would have done it if not for the governmental obstacles.  Assuming that is right, he next changed the plan to a float.  We think he mainly did this because he felt it was his only option to get the process going.  It was not because the CBI's assets had deteriorated or because of any fiscal reason other than the governmental strength pressuring him not to do it at all.   [post 2 of 3....stay tuned]

1-24-2013  Newshound Guru Tlar   Shabibi last July was still under the plan to bring the dinar up to 1 to 1.  He set the start date as September 1st stating that he would release the smalls then.  Because of all the flack he received he reset the date to January 1st with the smalls scheduled to be printed in Sept.  He then announced the new smalls would be released in January.  This to was met with resistance and flack from Maliki and company.  [post 1 of 3....stay tuned]

1-24-2013  Newshound Guru Adam Montana     [Does The CBI have to be Basel III Compliant in order to RV and if so, how will this affect us as far As the time frame. Will we be looking at the next quarter for an RV?]  The answer is NO.  Being "Basel iii" compliant isn't like being pregnant, where you either are or you aren't. (You can't be "sort of" pregnant!)   Even the US is not 100% "compliant"...however, the MORE "compliant" they are, the better their chance for a HIGH rate.

1-24-2013  Intel Guru TerryK   [Are you still hearing $13.18 and $ 12.86??]  YES,  AMONG OTHER THINGS, 4.35, 6.18.   IT’S ALL OVER THE PLACE.  [any thing on the vnd? ist still looking like .478]  I’M HEARING IT’S STILL .478.

1-24-2013  Intel/Newshound Guru Poppy3   Article:  "The Central Bank called network connectivity for auction information Posted on Thursday 24 January 2013...Baghdad/Obelisk said the Iraqi Central Bank, Thursday, on the implementation of electronic connectivity steps to daily foreign currency auction information between the Bank and the Ministry of finance and the General Commission for taxes."  Now we know the real reason the IMF & UST people were at the CBI from last Thursday ‘till now and will monitor the transfer to world electronic transfers beginning today.

1-24-2012  Newshound Guru Kaperoni   the dinar will eventually be worth more than the dollar, but it will take time as the dinar rises eventually surpassing the dollar.

1-24-2013  Intel Guru Winalot   Article:  "CBI announced, Thursday, on the implementation of the steps the electronic linking of information daily auction of foreign currency between institutions Bank and the Ministry of Finance and the General Authority for taxes."  ya all know what that means?  means the opening of the electronic window system.. thru the WTO.  Single window system...to open the single window system... [ Is this something showing the RV is about ready to "pop"]  it would have had to already popped.

1-24-2013  Intel/Newshound Guru Poppy3   Iraq news reporting that...the erbil 140 and court laws will be voted on saturday will reviel a lot for us. The budget and rate being rumored to be included and this has been suspected by many researchers for a while now that all will be completed in the same DAY... If these pass it opens the door for fast movement toward the rv and many good things for the iraq people. 

1-24-2013  Newshound Guru Adam Montana    [are they (IRAQ Leaders) doing this on purpose to drag out the RV as long as possible?]  I wouldn't say they are doing it on purpose to "drag the RV out", but you are correct that they are doing it on purpose. If they jump the gun and pop something like this before EVERYTHING is ready...before ALL of the ducks are lined up...before EACH and EVERY T and I are crossed and dotted...it will be a disaster. What would you prefer? A disaster where you "almost" made money but the value crashed again, or a prolonged wait until you can REALLY cash in on a stable(ish) currency?  I know which one I prefer. Smart money is patient.

1-24-2013  Intel Guru BOBGETZ6   [any news from frozen man besides the cold weather]  The news stream is bone dry. Feels as if everything is ready and the someone, whomever that is, need to pull the darned trigger.

1-24-2013  Newshound Guru SWFloridaGuy    I want to make it clear that this next portion is strictly just my opinion after having researched this extensively over the past couple of years. I believe that it would advantageous for Iraq to have a more valuable currency at this time if they are truly serious about moving forward with a national economic reform and recovery (like they are claiming) while also extinguishing debt without creating inflation.  Barring further legislative changes and assuming they stick to the currency reform plan, I see things progressing relatively quickly and a good first step would be to pass these reforms over the next week. This would also be a great opportunity for Iraqi leaders looking to consolidate support for upcoming elections. Should be very interesting .  [post 3 of 3]

1-24-2013  Newshound Guru SWFloridaGuy    This is the budget proposal that Maliki initially opposed when he pushed for the introduction of the new infrastructure bill but it now appears that within the next few days that Iraq will approve their most prodigious budget ever. Now keep in mind, this is also why we are seeing concerns being raised over how they will be able to operate under the burden of a large amount of newly acquired debt. But it appears that the CBI has a plan to not only address this but also previous accounts held as well, which to me is extremely encouraging if true.  [post 2 of 3....stay tuned]

1-24-2013  Newshound Guru SWFloridaGuy   This Saturday could be a huge day for Iraq's Finance Committee/CBI/GOI/CoR. Today a committee member said that they are going to approve the budget in the next week and that they had agreed to extinguish the debt of the final accounts for the previous years between the CBI & Finance Ministry. Although there is no direct correlation to a new, revalued IQD rate referenced anywhere in budget numbers, we do believe that there will be a provision made for it.  [post 1 of 3....stay tuned]

1-24-2013  Intel Guru TerryK   A bit of news.  Just got a call from sources...IMF has been put on alert...a large amount of currency have gone into the UST... may support the liquidity of the RV... looking really well, looking good.

1-24-2013  Newshound/Intel Guru Flashing  we r in an excellent and historical moment...rumors, the last one is that we will see it on saturday, again just rumors.  with respect to the rates they are saying there is a high likelihood of a dummy rate, so be careful because the real rate as per these people will be over $5, again those are rumors.  On the other hand, imo, Iraq will be trasferred from ch 7 to ch 6 during this month as stated in the past by several articles. what they reached yesterday was a monumental step on this ride.  [do you feel were at the end...I mean very, very end?]  imo, yes. just think about it. why the UN has not named a high level coordinator to monitor ch 7 as they did in the past?  there is nobody holding the rv. it is not true. they are just waiting for some protocols and this is it...we are in an excellent position. 1-23-2013  Newshound Guru Tlar   Article - "A new law raises the country's customs revenues"  My aren't we getting bold.  Looks like the opposition is now incharge and everything that Maliki has stood agianst might finally get done. 

1-23-2013  Newshound Guru Adam Montana   [Some thought it was good that Maliki was in charge...now he might be MIA...who do we want to take his place if he is deserting his position?]  We all saw how fast and far Shabibi was taken from the scene when they felt it was time to do so...I am by no means a "Conspiracy Nut", but I am a realist - Maliki is important to us, but at the end of the day he is not the only one pulling strings there and he can be replaced. I do not worry about him being replaced, because the "powers that be" will be sure to replace him with someone who will also pursue the same agenda. 

1-23-2013   Newshound/Intel Guru BGG   Article:   "Vice President Khudair Khuzaie looking with the Emir of Kuwait, file out of Iraq from Chapter VII."    This doesn’t mean they ARE out of Ch7 – it means they are looking for ways to help Iraq get there…(kind of) but while Maliki is in control – it is unlikely Kuwait will fold.   In fact, I’m sure they see him as a threat in the long run.

1-23-2013  Newshound/Intel Guru Flashing   Article:  "Deputy President of the Republic Khudair Khuzaie, Monday, on the need to exit Iraq from Chapter VII imposed since 1991"  So again, based on rumors and the above article we are very close to a happy ending of this journey.  Stay positive and keep the faith.

1-23-2013  Intel/Newshound Guru Poppy3   THERE ARE MEETING BEING CONDUCTED TODAY [TUESDAY] THAT COULD RENDER SOME GOOD NEWS. WE HAVE TO LET THESE MEETINGS PLAY OUT AND SEE IF THEY MAINTAIN THEIR DETERMINATION TO REMOVE MALIKI AND MOVE THEIR COUNTRY FORWARD. LOTS OF THINGS SOUNDING AND LOOKING VERY POSITIVE BUT LETS STAY GROUNDED AND GET THE INFORMATION DEFINED AS PROBABLE NOT JUST POSSIBLE.

1-23-2013  Newshound Guru Tlar   Article - "Liberal block: in the event of failure to attend al-Maliki for questioning would give for a week and then vote on his dismissal"  Parliament has these clowns on the run. They have 190 committed MPs ready to vote no confidence. We can thank Sadr for that. Having said that their will be no vote. Maliki will resign.

1-23-2013  Intel Guru Angelquest    I AM STILL LOOKING ANY MINUTE.  WE HAVE ALL BEEN HERE BEFORE ...STAY GROUNDED AND BELIEVE IT WILL END SOON.

1-23-2013  Newshound Guru Adam Montana   It looks like things are starting to pick up pace again...FINALLY! In my opinion, we had a couple of super slow and stagnant weeks...actually now that I think about it, it's been a good 6 or 7 weeks since anything significant was looming.  Now that we're seeing significant dates roll around (budgetary-governmental-etc), the US is done making big decisions (presidential)...well, buzz is building again and I really expect to see some bigger news in the near future.

1-23-2013  Newshound Guru Kaperoni   Article - "Monetary policy and its consequences on the Iraqi dinar " Quote: "...monetary policy assumes Iraqi currency float...according to these huge funds are supposed to enjoy the Iraqi dinar a significant competitive capabilities in the foreign exchange market and cash worth more than the value of the dollar...as a result of rising prices and the dollarization of the economy"   IMO, not listening to Shabibi, the economy and monetary policy is starting to fall apart.  This article implies Iraq is beginning to see inflation creep back in.  Which is bad news for us.  If they don’t get this moving soon, it could be a real problem.

1-23-2013  Intel Guru TerryK   SOURCE IN JORDAN IS ALL PUMPED UP.  HE IS TELLING ME THAT THERE IS A LARGE AGREEMENT THAT WAS SIGNED TODAY TO OPEN TRADE BETWEEN JORDAN AND IRAQ. IRAQ TO SHELL OUT MILLIONS IN DINAR. NOW, IF IT WERE NOT GOING TO BE WORTH ANYTHING, IT WOULD BE MORE LIKE TRILLIONS OF DINAR, NOT MILLIONS. WHAT DOES THAT SAY?

1-23-2013  Newshound Guru Med    RIGHT NOW  THERE ARE 190 SEATS  FOR HIM TO BE REMOVED.  THE SOL HAS THROUGH AN ANONYMOUS MEMBER TOLD THE MEDIA THEY KNOW THE TALLY:  40 SEATS/VOTES FROM THE SADRISTS,  20 SEATS/VOTES FROM THE ISLAMIC COUNSEL, 75 SEATS/VOTES FROM THE IRAQI LIST AND 55 SEATS/VOTES FROM THE KURDISTAN ALLIANCE, FOR 190.  THEY ONLY NEED 163 TO REMOVE THE PM.   IT IS ALMOST A SLAM DUNK NOW THAT HE IS GONNA GO.   THIS PROCESS DOES NOT TAKE LONG, IT IS ONLY A MATTER OF DAYS.  [post 2 of 2]

1-23-2013  Newshound Guru Med    IN ORDER TO REMOVE MALIKI  THEY ARE FIRST GIVING HIM A CHANCE  TO EXPLAIN THROUGH QUESTIONING THE REASONS FOR HIS ACTIONS AS PM.  WHAT HE DID WITH LETS SAY FUNDS    WHY HE REALLY WENT AFTER ISSAWI AND HASHEMI AND LETS SAY SHABIBI.  IF HE DOESNT SHOW UP THEN THOSE WHO WOULD HAVE ASKED THE ?S  STILL MUST ASK THEM IN ABSENTIA.  WHEN THEY ARE DONE ASKING WHICH USUALLY TAKES A DAY OR TWO THEN THEY VOTE WHETHER THEY SHOULD GET THE BOOT.   [post 1 of 2....stay tuned]

1-23-2013  Intel Guru Footforward   The RV can happen at any time.  The intel is there, everything is there for an RV to happen.  There is no fact about an RV happening during the beginning of a quarter.  There is no truth to that. Talabani was in Germany to get treatment for his back.  He is now back in Iraq and will be going back and forth for treatment.  Maliki will be there until the RV happens and then he will be gone.  Iraq is already in possession of enough natural resources to justify having the highest currency in the world.  They could have a currency valued at $14 if they chose, based on information from several year ago.  If they knew the RV was going to be long term they would have renewed the Standby Agreement like they have several other times and they haven't.  It really can go at any time.

1-23-2013  Intel Guru TerryK   THEY ARE TELLING ME THAT WE ARE LOOKING STRONG.  THE BAD MEN ARE TRYING TO STOP THIS BUT ALL IS AT HAND.  FEELS LIKE CODE TO ME.  SOURCE JUST CALLED AND ALOT GOING ON, ALL POSITIVE. 

1-22-2013  Newshound/Intel Guru Flashing   well today they closed a major issue of ch 7 and as i said this morning assuming they have valid agreements on borders and on navigation at khor Abdullah, i think we are very close to the transfer...So if they are valid we r on an any minute alert...sources said anytime now.  [do you look at the rv as iraq only or a world event about to occurr?]  it is not iraq decision, but their performance is crucial. [are you seeing any comments from China on this issue or status of VND?]  what i heard is that they are ready and the rate is within my range .27 to .57...everything is fantastic, imo.

1-22-2013  Intel Guru Bluwolf   You know it is funny, one would think that those that have tried to delay this blessing would of given up by now, but they did not, not until today...the fact is that the foot came down on them...Now there is information these last couple of days about steady place holders on some financial sites, being steady says a lot watch them carefully for if they maintain a steady pace a actual rate may pop up at any moment. I for one am looking forward to seeing the end if this journey finally.

1-22-2013  Intel Guru SteveI   [IT SEEMS TO ME THAT MOST OF THESE ARTICLES SPEAKS AS IF IRAQ IS OUT OF CHAPTER 7]    They are, and Iraq will announce it in the very near future. [why would they hold off on the announcement?]  That would be a good question to ask them, however, that makes perfect sense to roll out a huge news release that will incorporate many things not just one thing. This is very well timed and thought out. I truly believe they are doing this properly and this is the only way to manage such huge news...they best have their act together and all laws necessary when they do.

1-22-2013  Newshound Guru Tlar   Article:  "The Importance of Iraq By Hazem Saghieh"  The Maliki days are over.  It is just a matter of time before it is announced.  Even the SOL has given up because the numbers don't lie.  There are now 190 MP's ready to vote no-confidence.  Finally justice comes to Iraq.  Most of the leaders of the SOL will have charges of corruption filled against them.  Most will leave before this happens marginalizing their party.   Maliki will never answer to parliament he will resign before then.  Don't look for a vote of no confidence.  It won't happen.

1-22-2013  Intel Guru TerryK   WE ARE TO SEE THIS WITHIN 24 HOURS  IS THE NEWS I GOT AT 10 AM.  NOW I THINK THERE IS A DIFFERENCE FROM SEEING AND EXCHANGING.   I WILL SAY THIS A FRIEND OF MINE IS SELLING 25 MIL DINAR.   I HAD TO CONVINCE HIM NOT TO SO IF I FEEL THAT STRONG ABOUT IT  IT MUST HAVE LEGS.

1-22-2013  Intel Guru Bulldog75   STAY ON GUARD AND KNOW THAT A PENDING AND PROBABLE "CE" [CURRENCY EXCHANGE] IS MOST NEAR.   THE MONEY DYNAMICS AND POWER STRUCTURE OF THE WORLD COULD CHANGE DRAMATICALLY WITHIN DAYS, FROM THE HAGUE NETHERLANDS TO 1600.   WE ARE AT AN EMINENT, INTENSE, MAJOR ECONOMICAL POWER PLAY AND GEOPOLITICAL CHANGE IN THE WORLD.   STAY ALERT.

1-22-2013  Newshound Guru Mountainman   Last year there were 3 instances we saw early 2013 (January) as a possible date for the CBI to make their move introducing the new currency. Let's pray that Turki was installed to implement that plan on schedule and there are no more delays. I think this may finally be "our time" and Iraq's.

1-22-2013  Intel Guru Blaino   [what rate was it trading?]   the numbers were way too LOW.  So methinks it was planned that WAY... Lil under a buck or SO...So, mebby there was a lil 'deal' made while the nations watched the 'innagural' pomp and...circumstance!  as you may KNOW We have NEVER...Not EVER...Been wrong on a "pass" to DATE...i'll share more as it comes IN...And will advise if there is any changes, cancellations or extensions to the pass we are currently UNDER.  we just heard "stuff" about a $1.11 rate in COUNTRY...AGAIN.  [post 2 of 2]

1-22-2013  Intel Guru Blaino    several foreign currency exchanges and the like were trading the iqd saturday and SUNDAY...Several were preparing to board planes for the sandbox, but ALAS...Trading suspended this morning (THERE)...HOWEVER, what was the purpose? Was this an opportunity for those in the "cat bird seat" to turn a few 'bucks' (sheckles, ruppies, pounds etc) for use in their endeavors to stay ahead of the great unwashed masses? (that's us, you and i) This was confirmed by several of our top resources...  [post 1 of 2....stay tuned]

1-22-2013  Newshound Guru Tlar   Article - "Maliki thinks "Yemeni model" to avoid being sacked"  This is a last ditch effort by Maliki.  Every corrupt leader tries to leave behind a clone to protect his arss.  Here Maliki says put Sharastani in and grant me amnesty for my crimes.  Won't happen.  This continues to show the writing on the wall.  6 more days.  I would like to say bye Maliki and son but the country of Iraq will bring them back for prosecution. 

1-22-2013  Intel Guru Okie_Oil_Man    NO ONE KNOW'S THE DATE OR RATE BUT IT APPEAR'S LIKE THEY’RE FINALLY BEGINNING TO COME TOGETHER IN AGREEMENT. THIS IS A VERY COMPLEX AND INVOLVED PLAN THAT ENCOMPASS MANY COUNTRIES THAT HAS TO BE IN AGREEMENT TO MAKE ALL THE JIG SAW PIECES FIT TOGETHER TO FORMULATE A COMPOSITE PICTURE. LET'S PRAY FOR ACTIVITY FROM ALL THE DIFFERENT ENTITIES TO FINALIZE OUR GOAL'S AND PRAYER'S.  [post 2 of 2]

1-22-2013  Intel Guru Okie_Oil_Man    FROM ALL INDICATION'S THIS SHOULD BE A VERY INTERESTING WEEK.  THERE APPEAR'S TO BE A LOT OF INTEL FROM DIFFERENT SOURCES ALL BEGINNING TO ALIGN WITH EACH OTHER WHERE IN THE PAST THERE WERE DIFFERENCES IN THE STORY'S BEING CIRCULATED.  [post 1 of 2....stay tuned]

1-22-2013  Newshound/Intel Guru Flashing   The issues delaying the budget have nothing to do with the rv. They are related to the Allocation of money to the different provinces and to the different concepts included on the budget.  However ch 7 obligations are essentials in order to have this rv.  Please remember that the devaluation of the dinar was one of the sanctions imposed under ch 7. In order to lift sanctions imposed under ch 7 Kuwait (who is the injured party) as well as the UN must approve them. As i always have said there is a direct relationship between ch 7 and rv. The delay was mainly due to the fact that some of the major issues were outstanding. So imo again we are in excellent position to see this rv anytime now during this month.  [post 2 of 2]

1-22-2013  Newshound/Intel Guru Flashing   Everything is excellent and today is an historic day since finally the Kuwait Parliament approved the Kuwait Airways agreement among other things. As you know this agreement was not valid until The Kuwait Parliament approved it. Today they did. This was one of the major obligations of Iraq under ch 7. The RV was not possible without a valid agreement on that issue as well as the other relevant outstanding issues. The rv is not dependable on the budget. So the budget is not the driver of the rv. Remember that you can have an rv and later approve the budget.  [post 1 of 2....stay tuned]

1-22-2013  Newshound Guru Kaperoni    It's pretty much the entire plan laid out.  I will just add, IMO, the float must start ASAP...they are following the National Development Plan 2010-2014.  Remember what the World Bank said would occur in 2014?    Iraq would be a "donor" state.   Therefore, the dinar must have value, and the deletion process must be done before then.  There also have been articles that say that they will delete the zeros in 2014 which means the the value will be 1 to 1 or higher by then and the transition will be complete.  [post 2 of 2]

1-22-2013  Newshound Guru Kaperoni   CBI Study:   "CBI: CBI study entitled: Central Bank of Iraq and the evolution of monetary policy"  Looks like these were from the UAB Jan 11-12 CONFERENCE BAGHDAD just last week.  Quote:  "Achieve stability in the exchange rate of the Iraqi dinar in the context of a flexible exchange rate system orbit."  That means free float!  Google it!  And this great quote:  "the issuance of currency - moving towards maturation of the project to delete three zeros from the Iraqi dinar, any so-called reform of the currency management system (Rebasing)."    So as the dinar goes up in value, they will issue new smaller notes - as they say..."moving towards maturation of the project to delete three zeros from the Iraqi dinar"   In other words, as the rate rise, the zeros will come off dinar automatically.   That is a RV (float) over time.   [post 1 of 2....stay tuned]

1-22-2013  Newshound Guru Med   IT APPEARS THAT THE FIRST REAL PROOF OF DEMOCRACY MAY BE HAPPENING TODAY IF THEY SUCCEED IN REMOVING THE MINISTRY OFFICIAL TODAY THEN THEY PAVE THE WAY FOR MALIKI.  AFTER THEY INTERROGATE [MALIKI] WHETHER HE COMES OR NOT, IT IS AFTER THAT INTERROGATION THEY CAN DO A VONC [VOTE OF NO CONFIDENCE].  [but what about Shabibi, he wont release him from the warrants do you think?]  IF MALIKI IS BOOTED AND I AM PRETTY SURE HE WILL BE, ALL THAT WILL DISAPPEAR.

1-22-2013   Intel Guru Ocrush  It seems we are still on track.  The budget will be ratified and will wait till the last minute to release it.  Early next week they should vote and amend the banking law.  Specifically Article 28 to allow the private banks to participate internationally.  We should see articles on this shortly.  Also watch for the new flag and anthem to be published in the gazette.  So far no hiccups, all is good.

1-22-2013 Newshound Guru Tlar   Most accounting systems are done on a comparative basis. You are comparing month to month, quarter to quarter and year to year. If you have one period ending in lets say a number under the old system and the next quarter ending in the new system, it is relatively easy to convert the two end results for direct comparison. It's just easier.  Thats why Shabibi insisted on starting on a new accounting period. He wanted first to start on Sept 1st, the last quarter of last year and then his next try was on January 1st the first quarter of this year.   [post 3 of 3]

1-22-2013 Newshound Guru Tlar  The bank is ready as they have announced. If they intend to hold fast to starting at a new accounting period, April 1st is the next new accounting period. I know I'm going against the grain but I truly believe this will no longer be a float. I believe we are looking at a straight RV. I don't believe there is enough dinar in Iraq to float. The IMF has been baby sitting/protecting the CBI during this period.  I believe the number will be 1 to 1 either April 1st or July 1st.  My money is on April.  [post 2 of 3....stay tuned]

1-22-2013 Newshound Guru Tlar    Maliki has been the major obstacle to economic reform in Iraq. With him gone things should immediately start to happen economically.  This time Iraq will follow the advice of the IMF and the international community.  Turki has spoken in the past of support for the removal of the zeros. He has held steadfast in following Shabibi's lead in buying as many dinars as quickly as possible.  [post 1 of 3....stay tuned]   
1-21-2013  Intel Guru SteveI   [Can you guys think of anything that can stop the good progress we hear coming from Iraq and your contacts?]   I truly cannot see anything stopping it now. They will be adding the surplus from 2012 to the 2013 and when that is approved, it should be a done deal.

1-21-2013  Newshound/Intel Guru BGG   Article:  "Parliament to vote on Federal Court law next Tuesday session"    This is the biggest news of the day – if they get this handled tomorrow.  It will signal us being much closer than we ever have been before!!

1-21-2013  Newshound Guru Med    TODAY:  #1 SALEH HAS BEEN RELEASED.   #2 THE BANKS WITHIN IRAQ WANT TO GO GLOBAL. #3 THEY HAVE ANNOUNCED THAT THEY HAVE NOW SECURED 190 VOTES TO KICK MALIKI OUT  AND THEY LISTED THEM...40 SADRISTS, 20 ISLAMIC COUNSEL, 75 IRAQI LIST, 55 KURDISTAN ALLIANCE  AND THE SOL HAS RECOGNIZED THAT THE NUMBERS ARE CORRECT.   THEY SAID IT IS INEVITABLE...HE WILL GET THE BOOT.   BUT OUT OF ALL THAT,  THAT NEWS IS JUST GREAT.

1-21-2013  Intel Guru TerryK  WE SHALL SEE WHAT THIS WEEK BRINGS - I HAVE NOT LOST ANY FAITH,  WHAT I’M HEARING IS WE ARE STILL ON TRACK AND ALOT OF EXCITEMENT FROM SOURCES – IT’S A GOOD TIME.

1-21-2013  Intel Guru Bulldog75   [how will the oil discovery in Iraq affect the value of the dinar...would this additional oil discovery increase the Value of our dinar??]  THERE ARE RUMORS GALORE ABOUT MUCH AND NOTHING CONCRETE TO HANG OUR HAT ON; WITH THE EXCEPTION OF DATA THAT WE KNOW TO EXIST.  IT STABILIZES THE IQD EVEN MORE. IN ALL PROBABILITY WE SHOULD EVENTUALLY SEE A RATE NEAR TO THAT OF KUWAIT. IT SIMPLY MAKES SENSE...IT HAS TO BE RECOGNIZED VERY SHORTLY.  I CANNOT SEE THIS EVENT GOING INTO FEB FOR MANY REASONS.  [post 2 of 2]

1-21-2013  Intel Guru Bulldog75   Article quote:  "Iraq said on Sunday it has discovered deposits of crude equivalent to one billion barrels of oil after the first exploration work by state-owned firms in almost 30 years."  Iraq Discovered Another Billion Barrels Of Oil It Had No Idea Existed.  [post 1 of 2...stay tuned]

1-21-2013  Newshound/Intel Guru BGG    I had a great conversation with a friend (fairly connected) the other day – he is fairly sure there was a directive issued to Maliki to get this done by last Wed for Thursday – however, Maliki being Maliki did what he does and kept on with his agreeing – but never doing what he is supposed to…and then all heck breaks loose on Thursday.  I have a suspicion (and that is all it is) – there was such a deal in place but true to form Maliki used it as one more delay tactic with no intention of following through. The good thing – they are moving on him very, very quickly. I’m sure they knew this could be a  possibility.   Maliki is plainly on his way out.  I don’t think they can salvage his political image – even if they had a legitimate “quickie deal” in place...he’s damaged goods.

1-21-2013  Intel Guru Frank26    You look for a date and rate.  I do not. We look for events that open doors to the RV.   #1.) When You see precious metals align themselves worldwide...This is a pre-curser to a global currency re-set.  #2.) IMO, For the first time in Iraq history the DIFFERENT Families, Religions, Sects, Politicians, Holy Leaders...are all UNITED AS ONE AGAINST M. Trust me, This bonding is unprecedented! It is rare and unparalleled in their attitude with each other over 2000 years. It is Powerful, Unique, Extraordinary, Exceptional, If not Novel !!!  This is a  Beautiful and Large Door For the RV.  [post 2 of 2]

1-21-2013  Intel Guru Frank26   2013 Budget - I seek a rate inside that would add value to the IQD.  This is THEIR PLAN.  Our UST is with them in Iraq watching every step.  "IF" You, I, Or THE CITIZENS do NOT SEE this new rate in the 2013 Budget then get ready,  not for the RV BUT TO WATCH THE CITIZENS TEAR THE COUNTRY APART!!!  Starting with M [Maliki]!   You must ask Yourself - Are the coordinates of our investment hitting the target on the 21st of Jan 2013? Today?   IMO, YES!!!  [post 1 of 2....stay tuned]

1-21-2013  Newshound Guru Doc   All-in-all this is extremely positive news.  We can not imagine the EU would have taken this step without some pretty good assurance that Iraq will prevail.  The question continues to be when.  Unfortunately the body of evidence does not support the at any second philosophy.  However, we would think this recent development with the EU should speed things up.  It is hard for us to imagine Iraq not taking advantage of this and all the other opportunities the international community are offering as fast as they can.  We report, you decide.    [post 4 of 4]

1-21-2013  Newshound Guru Doc   When asked about the status of democracy in Iraq Mr Mauro responded "People are concerned about the future and not thinking so much about the war. But Iraq is a country where exceptional interests come into play. We have to remember that Saudi Arabia, Iran and probably Turkey are interested in destabilizing the country. So we need to stay near our Iraqi friends and foster dialogue in the country".  Recall we have continually reported that countries like Iran and Syria do not want currency reform in Iraq.  This also confirms to us that Maliki has been the main block to currency reform due to his ties with Iran.  The situation with the EU also suggests to us Maliki's hold on Iraq is now numbered.  We speculate again that we will either see Maliki suddenly cooperating toward democracy and suddenly disappearing from the political scene.  In either case we view this as extremely positive.    [post 3 of 4....stay tuned]

1-21-2013  Intel Guru Winalot   well, that paper STILL has that rate typo...4th day in a row!  [i c ur arab news find is still current..no typo there]  i know...4 days now.  [reference Winalot's post from 1-18-13....see in Dinar Guru Archive]

1-21-2013  Newshound Guru Doc   Mr. Mauro continues to say "Clearly, Iraq is in trouble and the transition is far from finished. At this time we have to create concrete opportunities for their economy and society. Our intention is to strengthen the country’s economic infrastructure and to guarantee development and peace".    it most clearly shows the EU is now intimately involved with the success of Iraq.  This coupled with the USA should provide an incredible incentive for Iraq to return to the international stage as fast as they can.    We also continue to contend for the transition to be complete enough for currency reform includes a power sharing stable GOI and the HCL done.  We also think the international community is looking for the Kuwait situation to be resolved so chapter 7 can be lifted.    [post 2 of 4....stay tuned]

1-21-2013  Newshound Guru Doc  ...some exciting news.  No it is not the RV but its definitely good news toward that end.  Based on published articles both inside and outside Iraq the European Union parliament has ratified an agreement between the EU and Iraq. The Italian MEP Mario Mauro was quoted as saying "Iraq can enjoy new economic opportunities and receive a boost to its efforts to promote democracy and human rights in the country thanks to its first-ever framework agreement with the EU".   This suggest Iraq will become a major trading partner with the EU.  Our view from them to do so is to move toward a true democracy and most definitely an international recognized tradable currency.   [post 1 of 4....stay tuned]

1-21-2013  Intel Guru TerryK   I HAVE A LITTLE NEWS YOU MAY WANT...IRAQ HAS JUST BEEN ACCEPTED ON THE EU TODAY...!!!  PEEPS IF THIS IS TRUE, IT IS HUGE...IT'S MORE A AN AGREEMENT TO BE A ASSOICATE OF THE EU IS MY UNDERSTANDING, TO BE ABLE TO TRADE

1-21-2013  Newshound Guru Tlar  Documents were released proving that Maliki, his son and his party are corrupt.  today, we see from all sectors of Iraq, they are screaming for Maliki's removal...all of his staff left for a supposed soccer game taking with them the families. IMO they won't return. This IMO should be over sometime next week. We will hear Maliki has resigned and has left the country.   [part 2 of 2]

1-21-2013  Newshound Guru Tlar    Report:  "EP report on Iraq: Al-Maliki may either give in to protestors demand or resign NCRI – Mr. Struan Stevenson, the president of the European Parliament Delegation for Relations with Iraq published a report on the political crisis and civil uprisings happening in that country."  IMHO the actual report made for the EU Parliament portrays exactly what we...have been witnessing day by day.   It is IMHO that the US made the strategic decision to remove Maliki from within by giving not just their approval to do so but they also provided the tools to do this.   [post 1 of 2....stay tuned]

1-21-2013  Intel Guru TerryK    now, we are to see the rate tue night ...when all the banks align.  now i just got another call that this is going to show tomorrow...so im getting alot of conflicting stuff.  so in a recap, we see a rate, its posted on a few sites and a news paper, we see some economic agreements coming into play...we know we are part of that plan, we know that the economic recovery plan has to happen...I'm looking for this between Tuesday at 12am EST, when bank reconciliation occurs, or at 9am EST Tuesday when currency values at the banks around the world update.  we know we are in a great place...this week should be what i was told wonderful for all.  [post 2 of 2]

1-21-2013  Intel Guru TerryK   right now it looks like we have a rv in iraq that is not official with the cbi... but it is showing in many locations currently within the governments...at a low low rate, like 1.19 usd...now the 1.19 is a rate we thought we would see, .90 is what is posted, with that said treat as rumor...but if it is true at 1.19 you will see it free float, fast, there is not cap of 20%,  the only agreement is that iraq will not exceed or be less than .50 than kuwait...part of chapter 7 agreement...that does not mean kuwait will not rv its currency hint, hint.  IQD has been trading (currency swaps) since Dec 14 or 15th.  [post 1 of 2....stay tuned]

1-21-2013  Newshound Guru Med   OK IT IS ONE WEEK NOW AND NO PERSONAL SIGHTINGS OF MALIKI.  SEEMS EVERYTHING IS FROM A SPOKESMAN OF THE SOL. YOU SEE THE GUY EVERY SINGLE DAY IN THE NEWS.  NEVER HAS HE HAD BEEN CAMERA SHY...SOMETHING ISNT RIGHT,  PEOPLE TAKING FAMILIES OUT OF IRAQ AND NOW IT APPEARS ISSUES ABOUT CORRUPTION.  APPARENTLY THROUGH A MEDIATOR, SINCE NO ONE HAS SEEN HIM NOR HAS HE PERSONALLY MADE A COMMENT, NOW SAY HE IS READY TO ANSWER BUT THAT THE PROBLEMS ARENT HIS FAULT.   [when is he suppose to show up for questioning?]   I REALLY DONT KNOW THE EXACT DATE.  I NEVER PAID ATTENTION BECAUSE  I NEW HE WOULD NEVER SHOW UP. 1-20-2013  Newshound/Intel Guru Flashing   let me explain this, a lot of people have been saying ch 7 is done since december and it is not true.  iraq and kuwait reached agreements but those agreements are not valid until Kuwait parliament ratifies them. So they are supposed to approve them this week and therefore after  that the transfer from ch 7 to ch 6 will be possible as well as the rv.  [do you feel confident that this is our week?]    yes i am very confident...if kuwait parliament ratifies the agreements i expect rv and transfer from ch 7 to ch 6 tuesday or right after.

1-20-2013  Intel Guru TerryK   A POTENTIAL RV TUE NIGHT WHEN THE BANKS UPDATE...NOW IF THIS DOES NOT HAPPEN I DONT KNOW WHATS NEXT.

1-20-2013  Newshound Guru Kaperoni    [via Sequoia]   A very excited Kaperoni...discussed at length the significance of the European Union Parliament's radification of Iraq acceptance into the European Union. Iraq applied for acceptance in May and was approved this past Wednesday 1/17/13. This process will push Iraq into strengthening their economy and to adjust their currency value.  This will allow Iraq to more easily be accepted into the WTO.  Whether Maliki is in office or not, this step pushes Iraq forward economically as they must commit to abide by the EUC's policies. Radification of Iraq into the EUC means we are much closer to the rise in value of the dinar.

1-20-2013  Newshound/Intel Guru Flashing   we still on an anytime situation. there are different rumors about rate and dates. But all of them in term of dates are short term....there is a very relevant meeting schedule for Tuesday...the meeting is out of Iraq. No Iraq people involved…very relevant for our purposes.   trust me we are right on track.  everything still running well and i have said you previously this is a matter of protocols. it could happen anytime now but tuesday meeting is relevant.

1-20-2013  Intel Guru TerryK   ITS ALL GOOD WE WILL SEE OUR BLESSING ONE WAY OR ANOTHER...THIS WEEK THE RV/RESET IS STILL SCHEDULED FOR THIS WEEK.  WHAT I HAVE BEEN TOLD THAT THE UST AND IMF ARE ON NOTICE TO GO INTO LOCKDOWN THAT ORDER HAS NOT HAPPENED YET.

1-20-2013  Intel Guru Gankans  I found out some new info today I can't repeat a lot of it, but it was all very very good! The pieces are in place and the timeline is exactly where it's supposed to be. We are right on track for our RV this year! The end of this month we will see a lot of changes. Just know that the RV is ready to pop.

1-20-2013  Newshound/Intel Guru BLUEDOG   any questions on Tuesday Nite Meeting would only be surmising about it but we know these guys and gals do not come together for something small...it is HUGE and will meet...again and we will see what comes out sat and sunday...some signals already coming out positive moves.  [How do you think all of this affects the RV or ER... time wise I am asking?]  were right on the money thumbs up for our RV...any minute, any time...I am excited nobody knows when but we can see how they are playing this out.   I say ALL to get together something BIG is going on.  [post 2 of 2]

1-20-2013  Newshound/Intel Guru BLUEDOG   Feb 23rd is no more money from the IMF to run your country so that means OWING all that money to all those entities...Iraq would start to Drown in their debt unless they RV their currency and build their Local Economy.  To build their local economy they need the Tariff Law in place and they cannot do that until they RV their currency, it would be bad on the Iraq citizens financially.  [post 1 of 2....stay tuned]

1-19-2013  Newshound/Intel Guru Flashing   we are in an excellent position. imo we will c it anytime now and definitely on or before jan 31...so be happy and excited...be positive because everything is great...i hope a big celebration very very very very very soon based on rumors.

1-19-2013  Newshound Guru Med   OK, NEW NEWS AND IT IS SORT OF TELLING APPARENTLY THE IRAQI NATIONAL TEAM IS PLAYING IN BAHRAIN...BUT SURPRISE....MALIKI'S STAFF  AND ALL THEIR FAMILIES WERE GRANTED PERMISSION TO BOARD A PLANE TO FLY TO BAHRAIN TO WATCH THE GAME...OK MALIKI IS MISSING, HIS STAFF IS GONE TO ANOTHER COUNTRY.  SOMEONE MIGHT WANT TO CHECK THE BACK DOOR OF CBI SEE IF IT HAS VISITORS.  ALL I CAN SAY, I DONT BELIEVE IN COINCIDENCE HERE.  CHECK TO SEE IF THERE IS A FOR SALE SIGN ON THEIR PALACES.

1-19-2013  Intel/Newshound Guru Poppy3   These are things we need to watch for as we go forward in this next week:  1.  Look for Maliki to be gone or nulified, invited to testify.  2.  Hearing the IMF is satisfied with CBI leadership to go international.  3.  The Budget being activated or has been activated.  4.  An announcement on the health of Talabani.  5.  The term limits - we have never heard a final vote that we know about.  6.  Talk of moving from Chapter 7 to Chapter 6.   When we get to those points we will be very happy, we will be going to the bank.  Right now is looking better than ever.

1-19-2013  Newshound/Intel Guru Flashing   they will be transferred from ch 7 . pending issues of missing properties and persons, will be handled by unami under ch 6. unami mandate expires in june 2013.   imo, we are just waiting for protocols.   very good news still flowing from iraq. they are preparing to return to its previous international standing and that means rv.  this weekend is promising based on rumors.

1-19-2013  Newshound/Intel Guru BGG   I don't think it changes for us at all if Maliki is gone.  I think it is just as good for us.  I don't think it delays it that much.  This may be the very best scenario for both us and Iraq, for everybody.  I am still incredibly positive in this investment, on what will happen because they still need a currency.  I am looking for something positive to happen on the currency front in the near future.  I am more positive & excited than I have been in a very long time.  [post 2 of 2]

1-19-2013  Newshound/Intel Guru BGG   It's amazing what is going on in the Middle East in general and in Iraq.  The political landscape is all relevant to our investment.  The sentiment on the street is really bad for Maliki especially with Sistani and all the preachers in Iraq railing against him and tossing him under the bus.  The civil unrest has tipped in favor of the people.  As long as Maliki was left in power as is, there was not going to be an RV.  As soon as they deal with him, we are probably on point for a change in the country.  [post 1 of 2....stay tuned]

1-19-2013  Intel/Newshound Guru Poppy3   I don't think anybody really knows where Maliki is. Just about every leader in Iraq has turned the tables on him.  From his past history he is trying to wiggle his way free, but too many people are calling for him to leave or resign, calling for Parliament to take care of him whether he is there or not.  They want him gone.

1-19-2013  Intel Guru TerryK    MY GUY IN JORDAN IS HAPPY BUT HE WILL NOT TELL ME ANYTHING.  HE GOT IN TROUBLE FOR OUR LAST TALK.  [Still hearing those high rates for CBI and Bank?]  NOTHING HAS CHANGED.

1-18-2013  Intel Guru Blaino     Iraq is many things...But in charge of "the rv" is not one of them, sadly. Rather, there are other entities and treaties that will regulate the time and nature of the revaluation, but in the interim, 'iraq' is the convenient excuse to allow other matters to be settled, and they are indeed working in that direction. I am bound by certain fealty and others to say little more at this time, but the hour approaches when all mystery will vanish like morning dew in the desert!

1-18-2013  Newshound/Intel Guru Bluedog   watch what starts coming out after Fridays meeting and don't get me wrong a lot...much has been arranged last Tues eve...but Friday will unleash a great deal more things that we have been waiting for...they will start to show Saturday and Sunday what they have accomplished and its BIG!   [post 3 of 3]

1-18-2013  Newshound/Intel Guru Bluedog   Yes we are CLOSE because this meeting would never taken place...when Talabani was trying or talking of a National Conference...he knew the Timing was just not right yet,  thats why he spent 3 months in Germany to prolong the situation...The timing is right now so Talabani had a very bad Health issue and Jaafari took over to put this forth...as we seen today that some agreements are now coming out and being finalized.    [post 2 of 3....stay tuned]

1-18-2013  Newshound/Intel Guru Bluedog   This national Meeting that took place at Jaafaris Home Tuesday nite lasted 3 hours...a lot and I mean a lot has been agreed on...this is a Major move for a young Democracy that is about to take a currency from nothing to a High rate...HCL and just all the Agreements that have lingered for 2 years or more have been laid out in this meeting.  Friday they will have another Meeting...but what they did is laid the frame work to when and each agreement is to come out to the world.   [post 1 of 3....stay tuned]

1-18-2013  Intel Guru Bluwolf   people have been asking me about some rates that some are seeing in some forex sites. First of all they are what we call place holders and not real rates, the real rates are just behind those holders and when given the get go poof they shall appear...Second the real rates shall be seen in all banks and forex sites not in a hands full like you are seeing today ...Third all valuable sources are just silent plain and simple.

1-18-2013  Intel Guru Blaino   No change at the CBI...The final arbiter of the value of the currency and the exchange rate.  Could it be REAL...WELL... Lets look that over. There are many newspapers that are not showing the values today, when they usually do. There are even more that have some issue with their internet sites even opening...One has to ask "why?" some speculate that there is a rule that "it has to be printed somewhere...And this is the one place that was CHOSEN...This TIME"...Hummmm.....???? Nothing on fox news or fox bussines...Nothing in the MARKETS....So, could it be true anyway? There is only the one answer to that question..."mebby!"

1-18-2013  Newshound Guru Tlar    Yesterday I said Maliki has left the country.  I stand by what I said.  The NA having an emergency meeting and reporting Maliki was at this meeting doesn't surprise me assuming they are trying to hold onto power.  Their boss is toast and they realize it but until he has been reported to flee they are still in charge and can negotiate who will be the next PM.  If he is reported gone, the NA does not have enough loyal members to control the outcome.  It is to their benefit to make people think Maliki is still in charge for the next few days and the way to remove him is to negotiate and install a new PM from the NA...unless I read that Maliki has actually been seen in the last few days by someone other than the NA, I stand by what I said.

1-18-2013  Newshound Guru Doc    Many other reports talk about UST, IMF and other dignitaries meeting with Iraq.  Many sites have linked this to a definite RV by month's end.  While we do not totally dismiss this as a remote possibility, we also suggest these dignitaries represent those that have invested heavily in Iraq. Given the fact that the PM may be on his way out and the CBI head has changed we would think if we were those investors we would want to personally see whats going on.  We would also want to make sure the new players are on board to get Iraq back in the international community as a financial power.  Does this mean RV in next few days? Probably not but it does mean the international community is ensuring things are moving toward that end.  We view this as extremely positive.  We report, you decide.  [post 4 of 4]

1-18-2013  Newshound Guru Doc    We need to be careful in separating comments between raising the value of the dinar and the RV.  In almost all cases the quotes about raising the value in coming days are in reference to short term efforts to get the dinar back to the program rate of 1170.  The street value has been recently reported at over 1400.  These efforts are in response to the citizens uproar over their declining purchasing power.  We really don't see this changing in that the USD is still the true currency in Iraq.  We do not believe this will change until the dinar is close to par with the USD.  [post 3 of 4....stay tuned]

1-18-2013  Intel Guru BWM   according to contact in Iraq...the in country rate for the dinar had been trading within a 100 points of the 1166 rate...as late it had been running about 1218... according to daily number it looks like the printing was setup for a 1/1000 scale which means that was .0009 or 1111 to 1 which is moving the right direction and hopes are that things may be moving but are not to the point that we would like to see just yet.

1-18-2013  Intel Guru Winalot   OMG!!!!! i think i just found something!!!!   Iraqi dinar exchange rate for the day Dollar: 0.9 Euro: 0.6 Pounds: 0.5 LBP: 1292.3 KD: 0.2 SR: 3.2 AED: 3.2 JD: 0.6 .  yesterday, same paper - 1166.    that looks like an RV to me!!!!!!  that would be the in country rate. They will get their bump from purchase POWER.  They will not see $3 on country.  [This is very exciting, remember we're looking for a consensus from our other Intel & Newshound Gurus, and reports from our nearly 40,000 Dinar Guru members from around the world...so far this is only one report.]

1-18-2013  Newshound Guru Doc   Other news is focused on chapter 7 and is positive also.  One report put it as simply as all Iraq needs to do is finish the commitments to Kuwait which are not many left.  This shows progress but also tells us it has not been lifted and Iraq still has a little left to do.  The news that concerns us the most is that the HCL does not appear any closer to resolution.  Bazarini is talking about and new form of government for the Kurds and oil is being processed through Turkey.  We see this as the most critical issue left on the table before any RV.  Iraq needs to secure a steady flow of oil from the Kurds to support the value of the dinar.  [post 2 of 4....stay tuned]

1-18-2013  Newshound Guru Doc   We continue to watch as the news out of Iraq continues very positive.  It now appears based on several reports the opposition against Maliki is strong and includes many from the NA which could easily spell his undoing.  We see him doing one of two things which are cutting a deal to remain but giving up much power or being forced out.  In either case we view this as positive as it should move the GOI to better stability and a true democracy.  However, we are confident Maliki has a trick or two left up his sleeve.  [post 1 of 4....stay tuned] 1-17-2013  Newshound/Intel Guru Flashing  VND is donging and just waiting for the official call...waiting for the release...the rate is there... imo iqd 5 to 12...everything is great...just waiting for protocols...very very very very close.

1-17-2013  Newshound/Intel Guru BGG   Article:  "Barzani meets today with the heads of the opposition to discuss the change of regime in the region from a presidential to a parliamentary"   Wow!! This looks like Barzani is dealing with opposition party in the KRG – they are discussing a more inclusive deal in Kurdistan – which is exactly what I have been saying to watch for.  Makes perfect sense that the alliance against Maliki is now as strong as it is. They are all – and I mean ALL – getting on the same page. This is the main thing Talabani was holding out for.

1-17-2013  Newshound/Intel Guru Flashing   some sources are saying we will see rv Friday after midnight and others are saying Sunday...rumors are that the VND rate will be in the upper level of my range and for the iqd some are talking about a dummy rate and others are talking about a rate that is way over from my estimate, more than double...rumors are coming from different places...and their timing is similar.

1-17-2013  Newshound Guru Tlar    I'm going out on a limb here and I am probably wrong, but I think Maliki has left the country and is watching the events somewhere from a safe place.  He has not been heard of for 4 days and then we get a news article saying he is in the hospital.  I think this is snow until the blocks choose a new PM.  Everybody is planning now for the next PM.  Maliki will be removed and replaced when everyone of the blocks agree.  The NA is all but dissolved.  The next couple of days should be very telling.

1-17-2013  Intel Guru SteveI   Article:   "Chairman of the parliamentary Finance Committee Haider Abadi, with a delegation from the U.S. Treasury Department last developments in the budget bill for 2013."  "Abbadi received a delegation from the U.S. Treasury Department and officials at the U.S. embassy in Baghdad, was discussed support the U.S. Treasury Department for Iraq and its role in the development of financial management in the Ministry of Finance counseling and observations in the areas of preparation of the annual budget and the tax side and related laws."  Yes this is very positive. It will be all over before you know it.  We will keep you updated with more info very soon.

1-17-2013  Intel Guru OCrush    IN CONCLUSION:  I AM SOOOOO EXCITED...THE US TREASURY OFFICIALS ARE THERE TODAY, NOT NEXT MONTH, TO MAKE SURE THE CURRENCY REPORT IS PUT FORTH CORRECTLY TO REVALUE THE IQD THIS MONTH!!  THERE IS NO OTHER REASON FOR THESE OFFICIALS TO BE IN IRAQ!!!   [post 3 of 3]

1-17-2013  Intel Guru OCrush    THE REASON FOR THESE MEETINGS ARE TO ADJUST THE FINAL BUDGET TO REFLECT THE NEW RATE. THIS HAS TO BE COMPLETED BEFORE THE LAST BUSINESS DAY OF THIS MONTH ( JAN. 31..THURSDAY).  THEY WILL ALSO DISCUSS THE TARIFFS AND HOW TO ADJUST THEM TO REFLECT THE NEW RATE.  THE TARIFFS WILL NOT BE IMPLEMENTED UNTIL WE SEE THE REVALUATION.  [post 2 of 3....stay tuned]

1-17-2013  Intel Guru OCrush    THIS IS IT!!!!  THERE ARE SIGNIFICANT DEVELOPMENTS THAT ARE TAKING PLACE IN IRAQ!  THE DEPT. OF TREASURY HAS SENT HIGH OFFICIALS TO IRAQ.  JOINING THIS GROUP YOU HAVE OFFICIALS FROM THE WORLD BANK, IRAQS FINANCE MINISTER, THE GOVERNOR OF CBI AND OTHER HIGH OFFICIALS (MINISTERS).  THESE MEETINGS ARE TAKING PLACE WITH AMB. BEECROFT AT THE US EMBASSY IN IRAQ.  [post 1 of 3....stay tuned]

1-17-2013  Intel Guru SteveI    the three zeros has absolutely nothing to do with anyone outside the country. The official rate posted on the CBI site is what it will be worth world wide not here and there. All of the major banks and money exchange companies...will use that rate.  Each institution will have some sort of fees.  As for Chapter VII, yes it is done. Iraq will announce it probably next week or shortly thereafter. I will give you a hint on what to watch for. Look for things in the news about diplomats from around the world going to Iraq for "an upcoming" event.   FYI, my rate is not a guess or prediction but rather fact. It will be exactly as I stated plus or minus a penny. [See SteveI's posts1 & 2 dated 1-5-2013 for rate information]

1-17-2013  Newshound/Intel Guru BGG   Article:  "Committee of National Gathering holds meeting last Wednesday"   I get the feeling Jafaari, Mutlaq and the other “political players” are of the opinion if they don’t do something – nothing will get done.  P.S.  this sounds suspiciously like a “pre-cursor” to a National Meeting.

1-17-20123  Intel Guru TerryK    IT’S REALLY QUIET...NOTHING HAS CHANGED THUS FAR...AS I KNOW...WE ARE ON TRACK.

1-17-2013  Newshound Guru Tlar   I think Maliki purposely has not let the bank RV in order to help Iran.  As long as they are using the present bills and don't switch to a non-counterfeitable bill, Iran can print dinars and swap them for hard currency (USD) in Iraq.   Maliki is a puppet of Iran and he consistantly does Iran's bidding.   Iran said in the beginning they did not want to see a prosperous democratic Iraq and what do we have?  A nation that by all means should be doing well with all the resources they have but instead we have a nation of poor people demonstrating in the streets.  We also see all major legislation that would propel Iraq to prosperity stalled by his party.

1-17-2013  Intel Guru Okie_Oil_Man   LET'S HOPE TO HEAR VERY SOON THE POWER PLAY'S HAS ENDED AND OUR PRAYERS HAS BEEN ANSWERED. AS USUAL AS I AM PERMITTED I WILL ELABORATE BUT AT PRESENT I HAVE BEEN REQUESTED TO BE VERY CAREFUL WHAT I POST AS I WOULD NOT DO ANYTHING OR POST ANYTHING THAT MAY HAVE AN ADVERSE EFFECT OR CAUSE ANY DELAY BY CREATING ANY FALSE POSITIVE'S OR NEGATIVE'S. LET'S KEEP IN PRAYER'S OTHER'S AND OUR GOAL AND KEEP OUR FAITH ACTIVE AS NEVER BEFORE.    [post 3 of 3]

1-17-2013  Intel Guru Okie_Oil_Man   THAT IN CONJUNCTION WITH THE GLOBAL INVOLVEMENT POINT'S US AT THE INEVITABILITY OF THE C/E OR R/V OR R/I. THE NECESSITY OF THE WORLD GLOBAL SETTLEMENT'S CAN NOT BE DELAYED MUCH LONGER. THE GLOBAL SETTLEMENT HAS NO DOWN SIDE AND CONVERSLY HAS NOTHING BUT A POSITIVE EFFECT ON MANY COUNTRIES. THIS HERETOFORE HAS BEEN DELAYED BECAUSE OF POWER STRUGGLE'S BETWEEN POLITICAL FACTION'S AND CORRUPTION BEING A HINDRENCE.  [post 2 of 3....stay tuned]

1-17-2013  Intel Guru Okie_Oil_Man   GOOD THURSDAY AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIEND'S. THERE HAS BEEN A MULTITUDE OF NEW'S PRESENTED THIS WEEK AND IT IS ALL POSITIVE. WHILE THE EXACT DATE-RATE IS STILL BEING GUESSED AT THE FINAL DECISION OF THESE HAS BEEN MADE. THERE WERE AN INTERNATIONAL CONSORTIUM AGREEMENT MADE ONLY YESTERDAY PERMITTING BETWEEN THE 3 LARGEST COUNTRIES THAT HAS BEEN INVOLVED IN THE R/V OR C/E TO AGREE FINALLY ON THE COMPLETION OF THE PROJECT. [post 1 of 3....stay tuned]

1-17-2013  Intel Guru Blaino   This is good news, so although i wanted to be done before the 20th, it doesn't appear to be happening that way. This is confirmed information and the product of numerous reviews and discussions. I do not take lightly the responsibility of making this call. The close of a "pass" doesn't mean there will be an rv immediately, just that a more enhanced 'watch' can continue. This is "very good for us!"   We can resume our dilligent watch on february 1ST... Know that our team will never let up on it's WATCH... Until we are enriched and complete!   [post 2 of 2]

1-17-2013  Intel Guru Blaino    Information indicates there is an important marker in the works, one that "no one" saw coming, which dictates a series of events 'must' transpire in the closing moments of the run up to the rv, we are definitely in the "quickening" time of this...Currency HOLD.. cannot say more at this time.   As such, i am enabled and happy to de-stress everyone by announcing that there will be a number of days required for the implementation of these matters and therefore, we have no need to worry about rv occuring in the interim! Hence, i am declaring a "pass" valid until the 31st of january, 2013.  A "pass" is a time during which the possibility of an rv is remote at best.  (post 1 of 2....stay tuned]

1-17-2013   Newshound Guru Adam Montana   [If Talabani's wife (Hero) gets the replacement position of her husband, what would your opinion be on this as far as her getting things moving at a faster pace or would it even matter at all since lately, the House of Representatives and the Parliament keep postponing their meetings and nothing seems to be moving much at all now?]  I won't pretend to have the answer, but I have two thoughts on it.  1 is that women simply aren't given the respect that they deserve in Iraq, so I kind of doubt a woman would be effective in that position in that country.  2 is that sometimes it takes a woman to do a man's job so on that note...I will graciously end...with a hat tip to all the hard working women in the world - thank you for all you do and thank you for giving us men a kick in the rear when we need it the most.  [Hmmmm, really good answer Adam.  : ) ]

1-17-2013  Intel Guru TerryK    i assure you that this just in Meeting in Hong Kong Friday for final sign off on rv expected to hit Sunday evening.

1-17-2013  Intel Gurus SteveI and Ray    We know for a fact that the government is pushing very hard to make this happen by the end of this month.  I also feel as from what we are being told and hearing and from OCRUSH's post, there are some loose ends that need to be done next week to produce the final results.  Wow, this really is huge.  We will keep you posted as we acquire information regarding the final finish line.  We are finally there as long as long as thing keep moving like it is.  Everything will come together next week. That is [the] target I see.  [post 3 of 3]

1-17-2013  Intel Gurus SteveI and Ray   This also confirms the news and information that OCRUSH [see post below 1-16-13] provided earlier about being done. Too many huge players involved to just guess.  You add all of this up and you have some very powerful news.  Also, many local newspapers in Iraq were printing articles that the three zeros would be raised as soon as the budget is approved.  I feel that everything is under control and all going to plan and the timing.  We will not share anything else about that now...Trust me, you will be extremely pleased.   [post 2 of 3....stay tuned]

1-17-2013  Intel Gurus SteveI and Ray   We...have some very good news...we are more than happy to share what is only been made public.  The rest will come in a day or two and i promise you will love it.  Martin Kobler of the United Nations was on TV today stating that the United Nations is offering its' help in helping Iraq with the raising of the three zeros and the exchanging of the currency.  So my take on this is that our sources from Iraq stating that they are removed is true and I am absolutely positive you will hear about it next week when Iraq is ready in a huge press conference.  Remember this is their show, they will do it when it is right.  [post 1 of 3....stay tuned] 1-16-2013  Newshound/Intel Guru Flashing   imo, the iraq issues are not significant for us in terms of rv. [flashing,  how confident do you feel about chapt 7 release this month?]  very, very confident.

1-16-2013  Newshound Guru Adam Montana  I flat out disagree with any comments made that guarantee a date or rate. I believe things are lined up and it is definitely possible to see a major rate change any day or week now, but there is no guarantee on that by any means. They could do it tomorrow or put it off till next year.

1-16-2013  Intel Guru SteveI     I absolutely agree. We are almost done. What OCRUSH [post below] mentioned is huge and a very necessary step to make this all happen. They have been lifted from Chapter VII but they (Iraq) will announce within their time frame. "No matter what" is what we are hearing also. Super news if you ask me.

1-16-2013  Intel Guru Ocrush   BACK IN DECEMBER 2012 I PUT OUT THE BANKING ACT LAW (PDF).  THIS WAS WRITTEN (UPDATED) IN 2007 AND ON PAGE 15 OR 33 IT STATED THE ISLAMIC BANKS WILL BE READY IN JANUARY 2013.  THEY KNEW BACK THEN, JUST FOLLOWING THERE TIMELINE, WHEN THIS WAS GOING LIVE... FOR THEM TO DO ALL OF THE ABOVE MEANS OR THEY ALREADY KNOW, CHAPTER VII WILL BE LIFTED...ONLY ONE REASON FOR THIS HAVE HAPPENED.  : )  THIS WILL ALSO ACTIVATE THE TARIFF ACT ( BELIEVE ME IT IS PASSED THEY JUST NEED TO IMPLEMENT). AS YODA WOULD SAY.....ALMOST THERE WE ARE!!!!!   [post 2 of 2]

1-16-2013  Intel Guru Ocrush   HERE WE ARE AT THE END OF THIS LONG RIDE!  A FEW DAYS AGO THERE WAS A BANKING CONFERENCE IN IRAQ. THIS CONFERENCE WAS THE KICK START TO ALLOW IRAQS BANKING SYSTEM TO GO INTERNATIONAL!   MOU AGREEMENTS WERE SIGNED BETWEEN MAJOR ISLAMIC BANKS OF THE ARAB NATIONS AND FOR IRAQ TO BE A PARTICIPANT INTERNATIONALLY WITH THE ARAB MONETARY FUND.  THE ARAB MONETARY BANK AND THE IMF COORDINATED AND SOON TO ACTIVATE THE NETWORK, FOR IRAQ, TO COMMUNICATE WITH THE REGULATORY BODIES ( INTERNATIONALLY).  [post 1 of 2....stay tuned]

1-16-2013  Newshound Guru Adam Montana   [On the United Nations website I had read that the UN Security Council meets twice a year, in mid June and mid December to vote on matters such as Iraq's CH. VII status, how likely that any significant action takes place before then??]  I do not expect the UN or the GOI to follow those dates or the "normal" schedule - something as important as the major change (increase) in the value of the Dinar is not going to revolve around the "normal" scheduled meetings. This is something that I expect to see happen completely unannounced and with little to no warning at all. That's the only way it can be truly successful, in my opinion.

1-16-2013  Newshound/Intel Guru BGG   Article:  "Close to Maliki reveals secret dialogues with leaders and representatives of the demonstrations to end it"   a move towards a deal seems “in the works”…however, on the flip side, they just approved questioning Maliki in Parliament. Now.

1-16-2013  Newshound Guru Tlar   I think they are buying all the dinars in the middle East.   This is month 5 of an amazing mop up of dinar.  They are retiring dinar not replacing it with smaller denominations.  I would love to know how much is left in the middle east.   They should run out of dinars to buy soon because there is a finite # out there..  The supply of dollars buying this dinar is unexhaustable given the bank has been doing this for 4 months and the reserves are still at 67 billion.  The bank is making money doing this day by day and Iraq is reducing their debt with every auction by a ratio of 1179 to 1.

1-16-2013  Intel Guru TerryK   ITS ALL LOOKING WONDERFUL FOR THIS WEEKEND.   I PRAY THIS IS ALL OVER...BUT YOU KNOW HOW IT IS. THINGS ARE STILL POSITIVE, HAVE GOTTEN A FEW CALLS THIS MORNING THAT WF AND CHASE CONTACTS ARE PUMPED AND READY.

1-16-2013  Newshound Guru Kaperoni   Article:  "A parliamentary committee: internal and external pressures delaying the application of tariff "  Iraq has no exports other than oil.  Until they get the agriculture and manufacturing up to snuff, they have no use for the WTO.  The free market economy will bring investment, which will result in products.  The WTO will come, but not before the dinar has value and Iraq accepts Article 8.

1-16-2013  Newshound/Intel Guru Flashing   as i said i will be here and will not disappear. And yes my prediction failed.   However, i am a warrior and will continue giving you the best information that i can get.  in summary there is nothing negative...everything is great and we just still waiting for the historical moment. [Have you heard what might have happened or anything new?]  "in" people still expecting it any time now. i think it is just a matter of protocol...the political situation in Iraq is not the hold up or the budget...the political situation is taking care by UNAMI and will not preclude Iraq from be moved from ch 7...imo iraq will be moved from ch 7 to ch 6 during this month. so i expect the transfer and the rv at the same time. we [are] still great.

1-16-2013  Newshound Guru Adam Montana  the CBI is hinting that they are looking at ways to increase the value...I haven't seen anything too dramatic, just the normal can-kicking.  regarding the budget, we have to understand that they aren't going to tell us how or when a major increase in value will happen - the official "budget" is a formality that can be adjusted or completely changed due to a major event like an RV.  On the other side of the coin, the HCL and Erbil are also major factors - think of it like Dominoes. When one falls, we can expect a chain of events to happen. In fact it would be foolish to NOT expect a chain of events to take place.

1-16-2013  Intel Guru Footforward   The Standby Agreement is in place until February 23rd.  They can renew it at the last minute.  If they don't have an RV and they do not renew it, Iraq basically will have no money.   I am hearing pretty much everyday that the RV can happen at anytime.  We are waiting on one final step. I am expecting this to go anytime...and I expect it to have a high rate.  [post 2 of 2]

1-16-2013  Intel Guru Footforward  Talabani is not dead, he is in Germany getting help for his back, but if he did die, it doesn't change anything.  Maliki will be elected if we don't have an RV by the elections.  He will stick around until the RV and then he will disappear.  Maliki is the guy that we want in there.  There has been no live rate on the dong.  The budget doesn't matter, the budget will be opened when it RV's, they can't open it until then.  [post 1 of 2....stay tuned] 1-15-2013  Newshound Guru Mailman17    I ALSO GOT A CALL FROM A FRIEND THAT TOLD ME A BOOT ON THE GROUND COMING BACK FROM IRAQ TOLD HIM THE DINAR IS SCARCE ONT HE STREETS LITERALLY ANOTHER GOOD SIGN.  THE END OF THIS INVESTMENT HAS ALWAYS BEEN A SPECULATION...WE NEVER TRULY KNEW HOW IT WOULD END POLITICALLY BUT WE KNEW...THE FACTS BOTH FROM THE CBI AND OUTSIDE ENTITIES.  WE HOPED IT WOULD GO SMOOTH, WE WERE WRONG BUT WE WERE NOT WRONG IN THE CONCLUSION, PAYDAY IT IS COMING...   [post 3 of 3]

1-15-2013  Newshound Guru Mailman17     I ASSUME THEY HAVENT YET ASKED FOR AN EXTENSION ON THE LOAN DUE FEB 23RD?  NOT THAT THEY WILL GET IT...AND NO MATTER WHAT YOU HEAR ABOUT CHAP 7 THEY AINT GETTING IT TILL THE UN IS SATISFIED AND THE BENCHMARKS ARE DONE...NO MATTER WHAT IRAQ SAYS, 140, HCL, KUWAIT MUST BE DONE AND FINAL...WE NEED IT IN WRITING PERIOD.   [post 2 of 3....stay tuned]

1-15-2013  Newshound Guru Mailman17   ACTUALLY...THE NEWS IS VERY MISLEADING...BACK AND FORTH, BUT I DO LIKE THE FACT THAT MALIKIS AT THE END OF HIS ROPE... LOTS OF GOOD STUFF COMING OUT OF PARLIAMENT AS WELL.   LOTS OF LAWS BEING EITHER READ....OR VOTED ON...WATCH CLOSELY ESPECIALLY THE 2 TERM ONE.  [post 1 of 3....stay tuned]

1-15-2013   Intel Guru TerryK    IM BEING TOLD THIS WILL ALL BE DONE NO LATER THAN FRIDAY NIGHT, NO LATER,  maybe thursday.  what would you all say if i told you a buddy of mine at chase bank is telling me it is all but done and they are having extending banking hours saturday as well as wf [Wells Fargo]...two calls tonight  told me that, now why would they do that...they did not say rv but told me its done and we have extended banking hours.

1-15-2013  Intel Guru SteveI   Here is a quick update that is very positive. The parliament told the media (Iraqi TV)...that they will be voting on the Amnesty Law and Budget in tomorrows session. I find this great news. The problem has been Allawi and his people not agreeing and walking out the other day. I think this will be behind us very soon. We will keep you posted with updates as we get them.

1-15-2013  Intel/Newshound Guru Poppy3    i am still receiving emails about iraq being removed from chapter 7 to chapter 6 and what that means...chapter 7 to 6 means they must settle all debt and it will stop all judicial proceedings against them.  If they must pay and settle all debt to move to 6 then I suspect they will have to RV their money prior or during the proceedings. 

1-15-2013  Newshound Guru Med   THE PEOPLE FROM THE SOL, STATE OF LAW,  HAVE SHOWN THAT THEY DO NOT HAVE THE EXPERIENCE OR TRAINING OR EDUCATION TO HANDLE THE TASKS OF REBUILDING A COUNTRY.   YOU HAVE TO HAVE AN EDUCATION AND A GOOD ONE  TO KNOW WHAT IS NEEDED AND WHAT IS MANDATORY IN BUILDING A NATION ESPECIALLY A DEMOCRATIC ONE.   THE PEOPLE ARE YOUR FIRST PRIORITY...IF THEY HAD THE REAL TASTE OF WHAT DEMOCRACY AND FREEDOM IS THEY WOULD NEVER WANT TO RETURN TO ANY OTHER WAY.

1-15-2013  Newshound/Intel Guru Flashing   vietnam economy will improve too. significant things are coming over there too. so you can expect a significant raise in the value of the VND too. imo, it will be along with iqd.  i am very confident about this month for both ch 7 release and rv. and i still waiting for it tonight.

1-15-2013  Newshound/Intel Guru BGG   Article:  "Ali Shubber reveals large movements of the Supreme Council to address the current crisis."   This is Hakim looking for an immediate solution. If he’s not lining up with Maliki – it’s bad for the current PM. The political climate for Maliki looks worse and worse as time goes on. I said this some time ago – at this point, there is no stalling. They have some kind of deal in the works, but on the other hand, they are moving against him anyway. Just in case he acts like his normal self.

1-15-2013  Intel/Newshound Guru Poppy3   just got another confirmation from another source banks were all closed to the public on saturday like i informed you...I also confirmed again that the banks are out of 25,000.00 notes and have been for over a month. This shows they are getting low on funds and that they are removing many of the 3 zero MONEY... All good signs for us.

1-15-2013  Newshound Guru Tlar   Article:  "Divergence of views on the timing of the application of tariff law"   The Maliki government realizes you can't install tariffs without first raising the currency value.  They are vehemently opposed to raising the value because they would have to introduce the unconterfeitable smalls.  They are painfully aware that this would kill Iran's ability to counterfeit the 5000 and 10000 dinar notes.  They need to counterfeit these notes which they are selling in Iraq for hard currency, which Maliki and the SOL are getting a take on.  So they have to stop the tariffs.

1-15-2013  Newshound Guru Med   ARE THEY MEETING TODAY...IS THERE A NATIONAL MEETING GOING ON...LOTS HAPPENING, I MEAN A LOT LOOK AT WHAT WAS DONE IN A MATTER OF HRS.  FOR A YEAR MALIKI AND THE STATE OF LAW PROCRASTINATED ON A NATIONAL MEETING...ALL OF A SUDDEN A NATIONAL MEETING IS CALLED AND ASKING FOR EVERYONE TO ATTEND CHRISTIANS AND MUSLIMS ALIKE, CAN YOU SAY HOLY *** .

1-15-2013  Intel Guru Delta   We don't know the date or the rate for now, but as far as the rate, I believe it will unexpected, good unexpected, numbers that we never thought about, good numbers.  It could happen any day we don't know, but for the CBI to do Saturday auctions, something has to happen.  Please take this as rumor and speculation.  We are going to see the RV, they will get out of Chapter 7 and then Maliki out of power unless he plays it smart and he starts kissing cheeks.  I hear we might see something this week, the next 3 or 4 days, anything can happen. It's all good, interesting news.

1-15-2013  Newshound Guru Tlar   Article:  "Earnest desire of the international Arab bankers cooperation with Iraq"  If the blocks are successful in getting rid of Maliki either through a parliamentry vote or the NA removes him, Iraq is on the path to democracy.  The NA will have to work with the other parties instead of dictate to them.  Negotiation is a huge part of democracy, even more so in a parliamentary system.  Then we might see the generations of fighting come to an end.  Shiites (Sadr) are working with Kurds are working with Sunni's in attempting to remove Maliki.  I think everybody knows this will soon succeed at this point,  but it will also achieve something much greater.  They will be a true democracy that has proven to be able to bring a strong, corrupt  leader down, without an internal civil war.  This is their greatest accomplishment.   Any alternative to this outcome is and will be unacceptable to all involved.

1-15-2013  Intel Guru Frank 26   The CBI requested that the banks open up,  if they wanted to on Saturday.  There were many reasons why.  It seems a lot of them did and they did hold auctions.  We pray that the rate is in the 2013 budget.  When will they release the 2013 budget?  Do we see evidence that they will stay on course for tomorrow [Tuesday] ?  No.  The budget was to be passed tomorrow, they came extremely close, within 48 hours, but they wisely held it up for many things to occur.  So what is the latest thing they have told us?  They want to get it done by the end of this month. Does this look like the same pattern as last year?  There is a difference from what took place last year, there is no Standby Agreement funds to keep them afloat.  After February 23, they will drown.  If the citizens of Iraq do not see the rate in the 2013 budget by February 23, all hell will break loose and they will go after Maliki.
Read more: http://www.dinarguru.com/#ixzz2IRArsX3y

1-14-2013  Intel Guru TerryK    I ASSURE YOU IT HAS NOT RV'ED IN IRAQ YET.  MY SOURCES ARE SAYING THRUSDAY,  FRIDAY TIME FRAME.  IT’S GREAT, I’M SO HAPPY.  THE DONG IS AT .478 CURRENTLY,  HAS BEEN FOR MONTH.

1-14-2013  Intel/Newshound Guru Poppy3    There has been constant talk about them getting out of Chapter 7 and heard to move them from Chapter 7 to Chapter 6.  This is a good, positive thing.  Everything points to them getting out of Chapter 7 this month.  In the last couple of weeks laws have been passed to limit Maliki's power, they are still not complete, but they are working in the right direction. The second reading was to take place today on the term limits and as far as I know, it did take place.  I feel we are headed to the finish line, but  "when" is anybody's guess.  My confidence level is way high.  [post 2 of 2]

1-14-2013  Intel/Newshound Guru Poppy3   We have not heard of the status of Talabani, it's probably a political thing.  They know that they have 30 days from when that announcement takes place to replace him.  The banks were reported & I got the report myself, that the banks were to be open on Saturday, taking in the 3 zero dinar, doing business with the public.  I got calls from friends in Iraq and the banks were not open to the public, it didn't happen.  Also, 25,000 notes are no longer available in Iraq or in Kuwait at any of the banks.  That's good, positive news for us.  [post 1 of 2....stay tuned]

1-14-2013  Newshound Guru Tlar   Article  "Divergence of views on the timing of the application of tariff law"  It looks to me like they are running out of excuses.  The Maliki government should just come out and say it.  We don't want a tariff law enacted.  Companies bringing goods into Iraq cannot afford to pay both a tariff and a bribe of 10% to Maliki's retirement fund.  It is already hard enough to move the bad produce and shoddy goods coming from Iran at today's prices let alone if we put a tariff on top.  That and if there was a tariff,  these goods would probably be rejected at the border and that would cut into the Maliki family empire.

1-14-2013  Newshound Guru Kaperoni  Article:  "Iraq: 2013 will emerge from Chapter VII"  If this is the case, and it seems like a real possibility, then Iraq has much work to complete in the next few months including the dinar.   So we all just need to hang on a bit more and we should see something happen.   Clearly the words they speak are grand for the year the 2013. 

1-14-2013  Newshound/Intel Guru Flashing   "Foreign Relations Committee: Iraq close to transferring from CH VII to CH VI with United Nations Foreign parliament: we seek to emerge from all the chapters of the Charter of the United Nations after the fulfillment of all obligations"   imo, UN cannot hold their decision for a long time. i think they are waiting for some protocol of kuwait.  it could happen today, tomorrow or right after. their visit is due.  significant events have happened as this one:  Kuwaiti source revealed early Friday that the Kuwaiti Ministry of Interior has allowed its citizens to travel to Iraq without a permit.  most of my posts are backed up with articles and documents...my prediction includes tomorrow night.  [See Flashing's post from 1-12-13]

1-14-2013  Newshound/Intel Guru BGG   Article: "National Coalition calls wise to adopt a group meeting with the leaders of blocs to resolve the crisis"   This is just another stab at a delay tactic. Not a real option. Talabani worked on a National Meeting for 2 years. While the National Alliance wasn’t in this kind of jeopardy – they wanted nothing to do with it then. Suddenly – they want a meeting??

1-14-2013  Newshound Guru Tlar   Article:  "Startles Maliki to choose an alternative to the president .. Barzani named Hiro Ibrahim Ahmetd as president of Iraq!!"  Maliki is in trouble.  He is losing battle after battle.  The NA should see the writing on the wall next week...If they don't do it next week everything and I mean everything will escalate quickly.  I believe Maliki will leave the country soon.  He won't have a choice.

1-14-2013  Newshound Guru Kaperoni   Article:   "Economists stress the country out of the framework of unilateral betting"  This one seems to give us some more insight into the last few days.  Pretty heavy and demanding challenges for Iraq to step into the world economy.   Let's hope they do...of course the first step seems to be...the dinar!

1-14-2013  Newshound Guru Doc   Rumors and hype abound...We can with 100% certainty tell all that there has been no RV, chapter 7 has not been lifted, HCl has not been agreed to and there are no mysterious back bank screens showing incredible rates.   The bottom line continues as is.  There is lots of positive news suggesting these issues are being addressed but we still don't have closure.  We are encouraged but still await final closure.  With this we remain cautiously optimistic in the longer term.  We report, you decide.

1-14-2013  Newshound/Intel Guru Flashing  the political issues are taking care of under the strategic framework agreement. That is the reason why Ban Ki didn't mention the political crisis as an issue to release iraq from ch 7.   [I have never seen a confirmation on this - does Iraq have to have the RV (viable currency) before they can be released from Chapter 7?]  there is nothing writing on that respect, but they will return to the position they held previous to being under ch 7. so this means their currency will be tradeable and will have a value according to the country current status in terms of reserves and assets.  again the important thing here is the following: a transfer from ch 7 to ch 6 = rv. they need to have a tradeable currency.  imo iraq will be moved from ch 7 to ch 6 during this month.  the rv is imminent as well as the release from ch 7.

1-14-2013  Newshound Guru Breitling   How can Iraq dedollarize it's economy without raising the value of the dinar.  Well, they can't.  The velocity is part of the formula.  So, if they delollarize, it's going to force Iraq to use the dinar & it's got to go up.  The value has got to go up.  It has to be a combination.  They have to dedollarize and raise the value of the dinar at the same time.  Their value of the dinar right now is fake.  A recent article said that their reserves went from 65 billion to 110 billion, so they could add value to it today.  They are trying to put steps in place so their wealth doesn't leave their country.  The key for us is timing.  There is a 2 year process for them to get  the dinar to a buck and from a buck they will go back to their original rate of $3.22.

1-14-2013  Newshound/Intel Guru BGG   Quite some time ago Dr Shabibi as much as told us what it would take – politically. These conditions have not been met. So we wait. I am beginning to think these might not have been Dr. Shabibi’s requirements but someone farther up the food chain…IMF, UN, etc, etc…which is not to say “it is out of Iraq’s hands”. It is not. All they would have had to do is meet the conditions. Ultimately – it is completely in their hands.   I am very encouraged by the news and public trends. For all to see. Once there is a deal done with Maliki or they move directly against him – then we are headed the right direction. This could show very soon…and possibly is already done (as in – agreed to). 1-13-2013  Newshound Guru L.J.   ALL OF THIS CAN BE REMEDIED IF THEY JUST REMOVE ONE LITTLE CLOG IN THE SYSTEM - MALIKI...THEY HAVE ALREADY CUT OFF HIS ABILITY TO RUN IN THE NEXT ELECTION AS PRIME MINISTER WITH TERM LIMITS...HE DOESN'T SEEM TO HAVE A PARTY AND THEY LOOK TO PASS LAWS TOMORROW (MONDAY)...IF THEY DO...LOOK FOR THE QUESTIONING SOON!  [post 3 of 3]

1-13-2013  Newshound Guru L.J.   AN ARTICLE SAID THAT THE U.S. THINKS IRAQ WILL HAVE THE LARGEST ECONOMY IN 2013 - NOT IF THEY HAVE AN UNSTABLE GOV'T...KURDS SENDING THEIR OIL THROUGH TURKEY...ALL REVENUE MADE GOES DIRECTLY TO THE KURDS...THIS KILLS THE IRAQI BUDGET FOR 2013...THAT IS WHY MALIKI WANTS TO FIRST APPROVE THE BUDGET...(FAT CHANCE)...THEN DISMANTLE PARLIAMENT...BOTH OF WHICH REQUIRE A MAJORITY VOTE OF 163 OR MORE...THE IRAQI BUDGET DOES NOT COMPUTE EITHER...IT SAYS THEIR OUTPUT WILL CREATE $118 MILLION IN REVENUES...NOT IF THEY AREN'T GETTING KURDISTAN'S OIL, HAVE NO INFRASTRUCTURE, AT PRESENT NO OTHER SOURCES OF INCOME LIKE TOURISM OR AGRICULTURE...THEY ARE DOOMED TODAY.  [post 2 of 3....stay tuned]

1-13-2013  Newshound Guru L.J.     TODAY'S NEWS IS PROMISING...THE AMNESTY LAW LOOKS TO PASS WITHOUT VOTE...ALL PARTIES HAVE AGREED IN MAJORITY BUT MALIKI'S GROUP WANT TO HOLD IT UP...IN THE MIDST OF CIVIL UNREST IN MOSUL IF THE PROTESTERS DEMANDS ARE NOT MET.  AN ARTICLE SAID THAT IRAQ SOON TO BE RELEASED FROM CH. 7...PLEASE BE REMINDED THAT IRAQ HAS NOT MET THEIR REQUIREMENTS TO KUWAIT YET...EVEN THOUGH THEY SAY THEY ARE CLOSE MALIKI IS NOT WORKING ON THAT HE IS FOCUSING ON MAINTAINING POWER.  [post 1 of 3....stay tuned]

1-13-2013  Newshound/Intel Guru Flashing  i disagree with such stories that the rv happened and we need to wait 24, 48 or 72 to see it.  it will hit all the world at the same time.

1-13-2013   Intel Guru TerryK     WHAT IM HEARING IS SOME BANKERS CLAIMING THEY HAVE IT ON THE BACK SCREEN...AND I AM TOLD ON THE BACK SCREENS THEY SHOW A PROJECTED RATE...IM GOING TO TELL YOU ALL THIS EVEN THO 3.86 MAYBE THE RATE, I FEEL THAT IS WAY LOW.  IM STICKING TO MY GUNS ON 8.16 OR HIGHTER IS WHAT IT WILL LEVEL OUT. NOW WITH THAT SAID KUWAIT AND IRAQ HAVE A AGREEMENT IN PLACE FOR IRAQ NEVER TO BE MORE THAN .50 HIGHER OR LOWER THAN KUWAIT.  SO THAT MEANS IF IRAQ GOES HIGH THEN KUWAIT WILL DO AN ADJUSTMENT AS WELL.  [post 2 of 2]

1-13-2013  Intel Guru TerryK    I...GOT A CALL...ANYONE HEAR THAT IRAQ RV'ED LAST NIGHT  ABOUT 2 AM.  I JUST GOT THIS CALL FROM A BUDDY OF MINE WHO HAS A FOREX WEST TRUNK GUY THAT IS SAYING THEY GOT A FLASH THAT IRAQ RV'ED.  I HAVE SOME CALLS OUT.  U WOULD HAVE THOUGHT WE WOULD HAVE HEARD SOMETHING, SO LETS DO SOME CHECKING.  WE ARE TRYING TO CONFIRM.  WE WERE TOLD LAST WEEK THAT SATURDAY NIGHT 2 AM SUNDAY MORNING.   [post 1 of 2....stay tuned]

1-13-2013  Newshound Guru Eagle1   while a global currency reset seems fairly well assured, the timing of it is less certain. (the projected date for this is sometime between Feb 19-23)  I've been watching activities going on with many of the world's central banks. There is a tremendous amount of effort being put forth to shore things up for those nations that are hanging on by a thread financially.  So, how does the global currency reset work? Some nations won't see much change. Some will see an increase in the value of their currency, and a few will experience quantum increases. The coming revaluation of the VND is a classic example, and of course that says nothing of the RV of the IQD...the IQD is gold-backed! It will not lose its value during the GCR [Global Currency Reset].

1-13-2013  Newshound Guru Tlar   Article:  "Adel al-Maliki: the southern provinces would halt oil exports if the region continues to export oil through Turkey"  This is exactly the reason this government run by the SOL must go.  They are an unreliable supplier willing to use oil as a weapon to get their way.  They won't pay Kurdistan or their suppliers so Kurdistan ships oil independent of Bagdad, then Bagdad threatens to shut of all exports.   Kurdistan has tried for 6 years to negotiate a deal.  Not only are the other blocks in Iraq not going to take it anymore but neither is the world. 

1-13-2013  Intel Guru Footforward    Maliki is there to serve a purpose.  He will be there until the RV happens, the same with Shabibi, whenever he comes back, I was told he will come back at some point.  Also, if Talabani died they would be looking for a new president.

1-13-2013  Newshound Guru Kaperoni   Article: "Baghdad Economic Forum recommends to reconsider the Central Bank Law and Banking Law"  This was a pretty big deal IMO.   Maybe even more so than the Sept conference in London.  It seems that this addressed mainly as many Arab banks and officials in the region as possible.  Some 800 attendees.  That tells me we are very close to the dinar going up in value and convertable/tradable.  Again, these events have happened in the past, but this one clearly described their intentions to "...promotion of investment and engagement with the private banks and investors in the financing and development of projects and economic infrastructure."   Seems very unlikely that would be a success with the dinar the way it is now....near worthless.

1-13-2013  Intel Guru TerryK   WE ARE LOOKING AT A ECONOMIC RECOVERY PLAN MAYBE TOMORROW NIGHT, THATS FROM A GREAT SOURCE, WELL TWO SOURCES.  IT COULD...PUSH OUT TO THIS COMING THURSDAY.  THESE PEEPS ARE VERY VERY EXCITED AND SO AM I.  I HAVE ASKED SIS TO START THE PLANNING OF THE POST RV PARTY THAT’S HOW SURE I AM OF THIS...THE DINAR IS GOING TO COME OUT AT 3.22 +20% = 3.86 AND GO FLOAT UP FAST.

1-13-2013  Newshound Guru Med   BARZANI IS CALLING FOR THE NOMINATION AND VOTE IN PARLIAMENT OF THE NEW POR.  MALIKI WANTED TO USE A PROXY AND THEN HOLD OFF TILL HIS TERM WAS OVER.  HOW CAN THEY PUT IN A NEW GOV FOR CBI WITHOUT PARLIAMENT VOTING,  HOW DO YOU JUST BYPASS THE CONSTITUTION.

1-13-2013  Newshound Guru Doc   We are much more concerned with HCL.  We think this has to happen.  It will be the basis to secure assets to back the dinar.  If the Kurds walk the party is over and they seem to be running out of patience.  The good news is we think the Kurds really do want a unified Iraq but one where there is a shared GOI.  We can only hope their patience continues a little while longer.  [post 2 of 2]

1-13-2013  Newshound Guru Doc   We do not believe chapter 7 is absolutely needed for currency reform.  We believe it is intertwined within the grand politics going on.  Maliki wants out and the international community wants Iraq to be a global economic force with a democracy.  Chapter 7 is simply a leverage point so it would be a great indication Iraq is moving forward.  We obviously dont know which will come first but we suspect they might come close together.  [post 1 of 2....stay tuned]

1-13-2013  Intel Guru BOBGETZ6   Quote, directly from frozen friend...Folks, this is a global process, ...I have never, never, never given a date or rate. I do NOT know who has the button on this. To be honest I really do not want to know. However, this is a process that is very complicated and info leaks through the cracks. Luckily some info becomes available to us. So that being said, you and your family for generations, if used properly, have been blessed beyond...anyway just hold tight it's coming...and soon.

1-13-2013  Newshound/Intel Guru Flashing    between tomorrow and monday (more likely tomorrow) there will be a major announcement in iraq, could be rv, release from ch 7, both or any news that will have a major impact on Iraq...rate will be better than the one u r hearing... rumors are VND rate will be between .27 and .57...we are in an anytime now and i am very confident on my time frame...i am convinced on the happy ending of this event.  [post 2 of 2]

1-13-2013  Newshound/Intel Guru Flashing    summary of radio program of dealer: 1. China currency will increase its value 2. Ban KI wants Iraq out of ch 7. That is why Iraq met with big countries 3. Iraq has the biggest reserve in the word (110 billions) 4. Iraq will double its reserve 5. rv could happen in any moment. 6. VND will increase its value. Vietnam has been preparing its people to that when they have said the economy will increase and improve during this year, same happens with Iraq. 7. kuwait prime meet with Maliki (could be tommorow or in any moment)...and the big one and the big one!!!...   [post 1 of 2....stay tuned]

1-13-2013  Intel Guru Freeway Bill   You know my friends, when I got into this, I knew it would take a long time.  I knew it was a world changing event that could not just happen because we are ready to get wealthy. We are the sideline players.  We don't know the plays, we don't know the rules and we don't know the game plan.  We don't even know for absolute sure who the game callers are.  We got into this, at least I did with the knowledge that the currency HAS to RV before Iraq can do anything normal like trade with other countries, etc.   Is it coming?  Absolutely!  Is the rate going to be high?  Sure it is!  If it is $1.00, that is high although I expect it to be much higher, I can't say that with certainty.  One day, and I feel it will be sooner than later, we will be shouting FINALLY. 1-12-2013  Newshound Guru Tlar   Article:  "Sadr: Maliki executing Biden agenda to divide Iraq and call for the appointment of Izzat al-Duri his advisor"   For Maliki to even be considering this as an option this late in the game, he must be really getting desperate.  He looks as though he may be grasping at straws in which to solve the problems that he himself has instigated.  I believe it is too little too late. 

1-12-2013  Newshound/Intel Guru BGG    Article:  "Finance Officer: Iraq has the right to withdraw part of the cash reserves in the Development Fund for Iraq."   Keep in mind – the MoF is not the CBI…this is the GOI. Not only do they not have the standing to ask for this – outside of the CBI (another Maliki inspired – end run) – Iraq in general doesn’t get at this fund without the approval of the US, UN, CBI and possibly the IMF.  But boy – do they want to get their hands on it – or what??

1-12-2013  Intel Guru SteveI   Referencing Ocrush's post below:  "Spyro said the iqd will revalue this month no matter what"   [Ocrush's] statement is one I absolutely believe 300% as being true and factual. You better get your affairs in order because the time has now run out. It is going to re-valuate to the rate I told you in my previous post.  [See SteveI's post dated 1-5-2013]

1-12-2013  Intel Guru Ocrush    I called my second cousin a few days ago...My second cousin has many connections and we are close.  He calls this investment " poor man’s investment to riches",  in other words anyone can afford it and become wealthy. He gave me a name and asked me to research him. His name is Mohamed El-Erian. He is the ceo and co-investment officer of Pimco. On December 24 he was appointed by our President to head the US Global Development Council.  Spyro said the iqd will revalue this month no matter what.  Following up on my research with him and having a long conversation...Now I know how big this is for the US and why it has taken so long for it to happen. 

1-12-2013  Newshound/Intel Guru Flashing  everything is so positive that i have no room for doubts. [Do you think it will be the the double figures as some expect??]  imo, range will be between $5 and $12, so i agreed with my sources on that.   i am still confident about jan 15, iraq will be out of ch 7 this month so they need rv too.  their 2013 expectations for agriculture, infrastructure, education, energy, industrial development etc. call for a tradeable currency.

1-12-2013  Intel Guru Footforward   We have been seeing things about Iraq being split into 3 separate states, I do not believe this is going to happen.

1-12-2013  Newshound Guru Duckyboy   Two small glimmers of light...First, Iraq just became the largest oil-producing country to be EITI compliant (an international mechanism to encourage transparency in the oil sector); second, the World Bank just pledged to provide Iraq with $900 million over the next four years, primarily to help it better manage its oil revenues.  [post 3 of 3]

1-12-2013  Newshound Guru Duckyboy   While Iraq is more stable, its institutions have gained in strength, and its economy in some ways is thriving, there has been little reconciliation between the country's groups and no development of a shared vision for the country--and therefore only a tenuous basis on which to move forward.  The vote of no confidence route was tried last summer and failed... Maliki, in provoking the Kurds, the Sunnis, and the Sadrists (who are Shiites) all simultaneously, may have pushed his luck too far this time.  [However], the chances of these groups staying united in parliament long enough to conduct a vote of no-confidence is still unlikely.  [post 2 of 3....stay tuned]

1-12-2013  Newshound Guru Duckyboy   The following was sent to me by my business partner. This lady knows Iraq very well. I still do not see an end to the RV in sight. Just because the banks are open on Saturday, does not equate to an RV, even if the intentions are to get the old dinar off the street.  But common sense dictates that there will be no RV until the GOI is at the very least stable and that is not happening right now.  [post 1 of 3....stay tuned]

1-12-2013  Intel Guru Winalot   [did the banks open in Iraq?]  yes...and cbi had an auction.

1-12-2013  Newshound Guru Tlar    If Iraq were to come together today, their  past corruption is none of our business and I believe the files held at our embassy would never see the light of day just as they have not for the past 6 years.  This unfortunately is not the case.  Its getting worse not better.  I think our embassy has finally come to the conclusion that Maliki must go.  The records that have been released are on Maliki, his son and the SOL is just the beginning..  No one else has yet been exposed.  If it continues Maliki will be thought of as a pariah even by his supporters.  The NA was warned last week that the US embassy has these records of corruption going back to the beginning of Maliki's term, 6 years.  How much will have to be heaped on these guys before they see the writting on the wall is anyones guess.  My guess is we now have 2 weeks left.  Just a guess. 

1-12-2013  Newshound/Intel Guru BGG   There has been quite a bit of talk of either a “back door deal” leaving Maliki in place but somehow limiting his power and ending with a currency move. The fact is – they need the money. Both from their economy and the DFI fund. They are operating on less that 20% of their gross oil revenues (as I recall). On the other hand – at the same time, it appears as though the opposition to Maliki is very firm. They appear intent on balancing power in their democracy one way or the other. This is as good for us – no matter which way it goes.

1-12-2013  Intel Guru TerryK    IF THIS IS DONE THE WAY IM BEING TOLD, THIS IS GOING TO BE A ECONOMIC RECOVERY.  NOT A RV, NOT A RI...GET THAT OUT OF YOUR MIND.  IT’S CALLED A ECONOMIC RECOVERY BECAUSE IT’S THE WORLD. NOT JUST IRAQ OR THE VDN, ITS EVERYONE.   A ECONOMIC RECOVERY PLAN OF ALL CURRENCIES.  AS I TOLD YOU...LAST NIGHT THIS CAN GO DOWN THIS WEEKEND AND WE SEE IT MONDAY, CASH IN MONDAY.  I DON’T HAVE A RATE ON THE DONG...THE DINAR WILL BE 3.22. 1-11-2013  Intel Guru Footforward   Why are the banks opening on Saturday.  It is not to get the dinar off of the street, it's all been collected. The only people that have dinar in Iraq are the rich and those that are connected and who know what is going to happen.  99.99% of the people in Iraq do not have dinar, they use USD.  So, why are the banks opening up on Saturdays?  They are going to have a massive demand for people to go into the banks, so what situation would facilitate having the bands open an extra day?  What if you have an RV & the people need to change their dollars for lower denoms.  They are getting the people prepared for after the RV.  I don't think they will be open just yet.

1-11-2013  Intel Guru BOBGETZ6    Frozen friend was somewhat excited about the banks being open, but cautious as to the reason.  [Do you know if this is really extraordinary that the banks will be open on Saturday? Or is this a fairly common occurrence?]   Extraordinary, IMO.

1-11-2013  Newshound Guru JustHoping  [new guru]  The past few weeks we have witnessed a tremendous amount of activity between Iraq and Kuwait. I do believe this is the final chapter prior to Chapter VII lifting on Iraq...the first quarter of 2013 could be a reasonable window of opportunity for Chapter VII to lift.  ..there are still signs citizens are frustrated with worn out banknotes as well as the entire banking process. Economist are still lobbying for currency reform by “dropping the zeros” and printing new currency. But no word from the CBI on this matter...

1-11-2013  Intel Guru Delta   [Delta...All the banks in Iraq have agreed to open on Saturday to sell dollars. And your opinion is that the CBI is trying to suck in the last of the 3 zeros before the release of the new rate?   Is this what you believe to be happening sir?]  YES.  [After the release of the initial rate, do you believe it will take years or a relatively short period of time (1 year or less) for the rate to rise to its near maximum potential?]   I DO BELIEVE THAT THE RATE WILL SURPRISE EVERY ONE...PLEASANT SURPRISE.

1-11-2013  Newshound Guru Doc   The bottom line continues to be as its been.  We are reminded that while the news is encouraging it has been in the past too.  We can only sit on the side line and hope that this will be the time the issues are finally resolved.   It has been reported that all is done like chapter 7 and the HCl but the reality is they have not.  Each of these continues to be addressed politically but not signed off on and made public.  We hope to see public announcements in near future but until then we sit and wait.  We report, you decide.  [post 3 of 3]

1-11-2013  Newshound Guru Doc   There is more news of the CBI reporting its goal of a international currency.  This to is excellent for our cause.  To get there we believe things like chapter 7 and HCl would be resolved which would lead to a stronger currency.  The other news from the CBI is a quote that the target for the dinar is 25 cents.  While these reports have fluctuated in the past they all point to around a $1 or less.  We continue to see no evidence of the rumored $3+ rates.   [post 2 of 3....stay tuned]

1-11-2013  Newshound Guru Doc   There are a lot of encouraging reports in the media these past few days.  Our favorite is the Kurds basically thumbing their nose at Maliki and doing business without Bagdad.  It definitely got Maliki's attention in that a delegation of the Kurds will be in Bagdad this weekend to negotiate a final HCl settlement.  All joking aside we really need the Kurds and Bagdad to come to an agreement here.  An independent Kurd state will not help our cause one little bit.  If that happens a lot of the oil that would back the dinar would not be there anymore.  Our opinion is the Kurds prefer a shared common government.  [post 1 of 3....stay tuned]

1-11-2013  Newshound/Intel Guru BGG   Article:  "(Reuters) – Opponents of Iraqi Prime Minister Nuri al-Maliki on Wednesday demanded he appear before parliament for questioning in a second attempt to force a vote of no confidence, as the Shi’ite leader faced Sunni Muslim protests."   This is a very big news outlet to be carrying this “mostly anti-Maliki” piece.  More currently – they have submitted the request and enough signatures on it to summon him to Parliament for this questioning… a prelude to a No Confidence Vote in the absence of the POR (Talabani).

1-11-2013  Newshound/Intel Guru Flashing    In order for Iraq to be released from ch 7 they need the blessings of the injured party (Kuwait) and the UN. The already had the blessing of Kuwait so they are only waiting for the UN.  As I explained several times before Ban Ki preferred option is to move Iraq to ch 6 under the supervision of Unami...we are about to see Iraq moved from ch 7 to ch 6 , which makes the rv imminent. we are in a great position and on track.  i am very happy and confident about our blessing and happy ending very very soon.

1-11-2013  Intel Guru Winalot    looks like they published the tariffs...the tariffs are in the gazette...they are using the old tariffs, updated and published today...the exact ones from 2004...there are a total of 6 new laws published TODAY...it is excellent news. [Note:  Winalot says it was tariff laws & not traffic laws.]

1-11-2013  Intel Gurus Mike & L.J.   [BILL TURNER]  ISX OPENED FOR TRADING IN NAJAF: GREAT SIGN OF PROGRESS; THIS WOULDN'T HAPPEN IF AN RV ISNT PLANNED TO HAPPEN SOMETIME SOON.

1-11-2013  Newshound Guru Adam Montana   I myself have spoken to several of the banks that I am working with and they are all prepared to deal with the Dinar when the ReValue takes place, so I can't imagine MC and VISA would be any different.   I'm sure MasterCard, VISA, the IRS, and several other groups have also prepared well in advance - that doesn't say anything about a potential date.  I'm prepared for retirement, but that doesn't mean I'm retiring tomorrow!

1-10-2013  Intel Guru Amadden   Just got off the phone with Terry [TerryK] and he has heard from 2 of his sources that this may go down tonight between 3 am and 4 am EST, a lot was said but I do not do short hand but the main part of it is that we could see this during that time period, and one of his sources said, cash in would not start till at least Monday of next week, so as always please stay grounded, treat as a rumor and hope and pray this info is true as it can be and we all will be getting off this ride soon.

1-10-2013  Intel Guru Frank26   they announced on Iraqia TV today that the CBI has asked as many Iraqi banks as possible to open this coming Saturday. The CBI itself will have an auction on Saturday...interesting. They are telling the Iraqi citizens on TV to come in and buy USDs with their IQDs.  Is this a last nano second lifting of 000s from the streets of Iraq? It's such an unprecedented request by the CBI.  Not only was the CBI Saturday info on Iraqia TV today but since Monday it has been on the CBI website on the Arabic side. The budget is to be voted on at least by this Tuesday.

1-10-2013  Newshound/Intel Guru BGG   Article:  "MP: completing 1st reading of limiting 3 presidencies’ terms law victory for democracy in Iraq"  Article quote: "MP Ali al-Timimi...said...This step is a real victory for the democracy in Iraq since this law will move the dictatorship away from the country."    This is some spectacular news!! They have been talking around the edges of this topic for some time now and BAMMMMMMMM!! There it is… “a victory for the democracy in Iraq.”

1-10-2013  Intel Guru Blaino    IT ONLY SEEMS NATURAL THAT IT HAPPEN THIS WAY SO THE $ CAN 'STAGE' THROUGH THE ECONOMY AND WORK IN UNISON TO COMMENCE THE KIND OF FINANCIAL CHANGE WE NEED TO SEE IN THE WORLD.... AND WITH ALL OF THESE DEALS SHARING "NEW PAPERWORK" IN COMMON... AND CONSIDERING THAT BASEL III BANKING AND FINANCE ACCORDS WENT ACTIVE ON SUNDAY.... WHICH FORCES THE TRANSPARENCY OF FINANCE IN THE WORLD... WE MAY BE AT THE FINAL MOMENTS OF THE PRE-RV WORLD.  [post 3 of 3]

1-10-2013  Intel Guru Blaino   SUMMATION: THERE IS MORE ACTIVITY IN AND AROUND THE REVAL AND ALL OTHER FACETS OF THE DINAR THAN ANYONE HAS EVER SEEN... PANDA EXPRESS BELIEVES AS I DO THAT THESE MOMENTARY "LIVE" RATES WITH A BUY/SELL AMOUNT AND NO HOLDS IS TIMES DURING WHICH SOME OF THE TOP "TIERS" ("INSIDERS" THAT BY VIRTUE OF THEIR WEALTH, POSITION OR FAVOR HAVE GOTTEN INTO A 'SPECIAL' SITUATION OR AN INSIDER POSITION....NOT SOMETHING YOU CAN "BUY" INTO FOR $69) ARE GETTING EXCHANGED.     [post 2 of 3....stay tuned] 

1-10-2013  Intel Guru Blaino     OUR EXECUTIVE LEVEL FOREIGN CURRENCY BANKER AT ____(A BIG 4 BANK)____ IN THE GREAT STATE OF ____(A GREAT STATE)____ HAS AGAIN REPORTED THE IQD HAS STOPPED THE WHOLE FLASHING DASHES THING, GONE BACK TO A $3.4X RATE.... AND... WENT LIVE WITH A BUY AND A SELL RATE (THE OTHER WAS $3.6X) FOR 9 MINUTES AND 38 SECONDS AT OR ABOUT 4:25PM CENTRAL STANDARD TIME TODAY..... THEN WENT BACK TO SHOWING ONLY THE $3.4X RATE WITH NO HOLDS, NO RESTRICTIONS, ETC... WHICH MEANS: IF YOU WERE IN A COMMERCIAL BRANCH OF THE _____(BANK)____ AT THAT TIME, WHEN A BUY/SELL RATE WAS LIVE.... THEY WOULD HAVE "BOUGHT".   [post 1 of 3...stay tuned]

1-10-2013  Newshound/Intel Guru Flashing   one thing is iraq internal affairs and the other one is the requirements of ch 7 and why they were under that ch.,  if they are released as expected the rv is imminent.   iraq will be out of ch 7 this month...they are heavily considering to move iraq to ch 6 under the supervision of UNAMI.  Remember the issues related to missing properties and persons have not been resolved yet and will not during the incoming months, however they could be handled under ch 6.  they [sources] are very excited...remember, imo, still the same time frame work but rumors are getting stronger about anytime now particularly after midnight.  [see Flashing's 1st post on 1-9-13 for his time frame.]

1-10-2013  Intel Guru DELTA    FROM IRAQIA TV: "CBI TELLING ALL BANKS IN IRAQ THAT WILL BE OPEN ON SAT TO SELL DOLLARS."  FIRST TIME EVER.  WE ALL KNOW THAT THE CBI  IS ABOUT TO RAISE THE VALUE BUT WE DON'T KNOW THE DATE, SO FOR THEM TO OPEN ON SAT IMO THEY ARE TRYING TO GET WHAT EVER LEFT FROM DINARS ON THE STREET.  ASK YOUR SELF WHY THE URGENCY TO OPEN ON SAT.  HEY CBI CAN'T YOU WAIT UNTIL SUNDAY.

1-10-2013  Newshound Gurus Mike & L.J.    TALABANI IS FOR SURE INCAPACITATED, BUT APPARENTLY IT IS NOT YET POLITICALLY TIME YET, TO ANNOUNCE THAT TALIBANI CAN'T RETURN TO HIS PRESIDENT POST.  PROTESTS ARE LIVING ON AND ON...AND BY THEMSELVES, ARE PUTTING THE MOST PRESSURE ON MALIKI.  LACK OF PROGRESS ON FEDERAL COURT LAWS AND AMNESTY IS SPURRING THE PROTESTORS ON...AND THE PROTESTORS ARE GETTING TO MALIKI.  IRAQ IS  RUNNING OUT OF DINARS ON THE STREET, DUE TO IRAQI CITIZENS ARE HOARDING, EXPECTING AN RV ANY DAY.

1-10-2013  Newshound Guru Adam Montana   [What, in your opinion, is the one act that will get the RV into gear and to the finish line.]  I'm glad you asked that question...the HCL and what it means to Iraq as a whole, and also how the Kurdish are involved in it, and why it ties them together so strongly. The HCL is a huge deal, and we are seeing events happen that could push things along faster than I was thinking in the past.  [do you think the Dinar will RV in January of 2013, or at least by the end of the first quarter 3/31/13?]   I see this moving along much faster with the HCL initiatives taking place - so yes, first quarter is possible!

1-10-2013  Newshound Guru SWFloridaGuy    This actually wasn't a RV or RI by the true the definition. It was a unique situation that only lasted a very short period of time and a completely different scenario then what we are seeing in Iraq. There are many rumors that Kuwait's rate went all the way up to $9 and everyone made a killing. These rumors were perpetuated by those who had ulterior motives to do so. None of this takes away from what we're expecting to see Iraq accomplish. It just shows that Kuwait probably isn't the best comparison and what we're expecting to see from Iraq will be something really special. In this regard, Iraq stands alone.  [post 2 of 2]

1-10-2013  Newshound Guru SWFloridaGuy   As far as Kuwait is concerned, they never revalued their currency. Technically it is possible that someone who was living in Kuwait could have bought in on the black market but the Kuwait Central Bank never adjusted the rate. They were occupied by Iraq and business was halted. Seven months later when Kuwait after they were liberated, the Kuwaiti dinar was restored as the country's currency and a new banknote series was introduced, allowing the previous notes, including those stolen, to be demonetized.  [post 1 of 2....stay tuned]

1-10-2013  Newshound Guru Tlar   Article:  "Economic parliamentary:  the crisis has affected the economy and very citizens began withdrawing their deposits from banks"   [Dr. Shabibi's work and goals are beginning to erode.]  At present, given the current situation in Iraq, this IMHO, is a good thing.  Anything that quickly starts to erode, Maliki will be held responsible for.  Watch as he is slowly but surely being pried out of his chair.  Whether or not you realize it as it is happening, he is surgically being removed by rumors and rumors of rumors, sprinkled with hard core facts probably supplied by our intelligence community.  His kid, his party and he himself are under an intelligence attack.  Account numbers and hard core facts are being released every couple of days.  Our embassy said they had files.  They do.

1-10-2013  Intel Guru TerryK    ITS NOT IRAQ THAT IS IN CONTROL.  ITS THE UST AND THE IMF.  EVERYTHING IS SIGNED OFF IN IRAQ.  CHINA IS PUSHING HARD, SOME SAYING THURSDAY AND AT THE FAR END THE 20TH.

1-10-2013  Newshound Guru SWFloridaGuy    The CBI will NEVER delve into specifics and for good reason. If I were the CBI and I was gearing up for a significant move (especially with all the hype surrounding the IQD), I certainly wouldn't be advertising anything. In fact, I would put out a huge disinformation campaign to discourage speculators. I am very optimistic about what the future holds as is the IMF, World Bank Report, Oil Report and countless independent studies that show Iraq has many options other than a straight RD.  [post 2 of 2]

1-10-2013  Newshound Guru SWFloridaGuy   If you look at what the CBI has been saying, the plan has been to bring the IQD somewhere on par with the USD. Delete the zeros in itself does not refer to revaluation and is not what we are hoping for. Delete the zeros does not specify how they will achieve that level and points to a RD. If they are going to change the peg to a PEP, broad based commodity, float, move forward with a historic revaluation (Romania former record holder at around 40%) etc., is of course 100% classified.  [post 1 of 2....stay tuned]

1-10-2013  Newshound Guru Adam Montana    My bottom line on the rate is this: I think the most likely case scenario is that we get an announcement at ten cents, and it is floating. We are given 90 days to cash in, and over the course of those 90 days the value could go up to as much as 30-50 cents... after that we are using new Iraqi Currency (which I will of course reinvest in) and over the next 5-7 years that will likely double as the Iraqi Dinar makes it's way to 1:1.  [post 2 of 2]

1-10-2013  Newshound Guru Adam Montana   [Will the dinar to dollar exchange rate need to be better (ie: 1 to 1) in order for the country to do more effective and easier business transactions, or does this even matter?]   I don't think it needs to be "better", but an even 1:1 exchange rate would be so simple ANYONE can do the math - this is one of the things that tempts me to wonder if they will come out that high and then LOCK the rate until they recapture all the old (current) IQD. But to answer your question, no - it doesn't "NEED" to be any rate. They could just keep raising it 3, 5,17,135, or any number of pips they want until it finally reaches a final rate.  [post 1 of 2....stay tuned] 1-9-2013  Newshound Guru SWFloridaGuy   Another interesting development from an article dated tomorrow is that nine points the kurds demanded to move forward with the Erbil agreement/article 140 are back on the table finally.  This Sunday the Ministry is sending a delegation to Baghdad to hold negotiations with the federal government to end the dispute and reach a "final agreement."   Couple this with the CBI saying they are going international and I'd say we are looking very good indeed.  Next week for a RV? There's nothing that will every point to a specific time-frame but I see no reason it can't happen in the short-term due to recent developments.

1-9-2013  Newshound/Intel Guru Flashing   Iraq itself does not have much to do with the DECISION that needs to be made on Chapter 7. They have done everything they need to do, they are 100% compliant and there is nothing to legally prevent them from being released unconditionally from Chapter 7 IMMEDIATELY...removal from ch 7 = rv within the same month...we are in an excellent position.

1-9-2013 Newshound/Intel Guru BGG  Article:  "Urgent .. Parliament begins its meeting to vote on the mandate of the Prime Minister and the Federal Court Act"   This is big, big, BIG news. I doubt they got to, or even will get to this immediately. However, the simple fact that they are approaching this subject with such resolve is a spectacular indicator!!

1-9-2013  Newshound Guru Adam Montana   Iraq is moving forward more than back, and at the end of the day I'm only concerned with forward progress...they are in TIGHT control of the situation and until the cards are falling right... they're just not going to pull the trigger.  Personally, I can appreciate this. I do NOT want to see them fail, especially after being so patient for so long. If it takes another week, two, a month, or even 6 months - I'd rather hang tight than see this all get wrecked by someone with an itchy trigger finger.

1-9-2013  Newshound Guru SWFloridaGuy   Article:  "Economic Committee: "The economic and investment committee to install Turki governor to manage the central bank to the attributes of the experience financial and personal internationally acceptable which will be good and positive for the financial situation in the country." This is an article from tomorrow their time and comes straight from the CBI, not an anonymous source.  I need to look at this at some more depth but my initial reaction is that the CBI has decided to make the currency international and bring the value somewhere on par with other countries who have similar robust economies and a bright financial outlook.  I haven't done my due diligence yet but my initial reaction to this is very positive...maybe this was what was needed for us to move forward.

1-9-2013  Intel Gurus SteveI and Ray   We feel this ride is just about over now. After the budget approval, there will be no reason not to RV soon. The various government departments need operating monies (and they need it now) and we all know the budget was figured using the new dinar. We will report more as it gets to us. Let’s all pray that Parliament does vote tonight and not fight.  There is a lot of great articles out there so just sit tight and hang on a bit longer.  [post 4 of 4....stay tuned]

1-9-2013  Intel Gurus SteveI and Ray   By the way, Maliki is not going anywhere anytime soon. Our contacts in Iraq feel that the elections will resolve the problem. Furthermore, if he goes this could delay the revaluation which the country just can not afford to do.  Folks, we are so close, so let's pray for the leaders of Iraq to put the citizens of their country first for a change and move Iraq forwards not backwards.  [post 3 of 4....stay tuned]

1-9-2013  Intel Gurus SteveI and Ray   Another item, that was in a local paper this morning, was that Maliki received a letter from Ban Ki-Moon stating that the United Nations Security Council had approved the lifting of Chapter VII sanctions and that he, Moon, had signed off on it too. He was also informed that a formal United Nations meeting was going to be held later this month just for Iraq and the formal announcement would be made then.  [post 2 of 4....stay tuned]

1-9-2013  Intel Gurus SteveI and Ray   We finally have some very positive and great information to share with you all today.  Contrary to what has been said elsewhere, the 2013 Budget has not been approved yet.  They have not been able to get enough members at times to vote and yesterday they had fist fights in Parliament. They are scheduled to vote on it Thursday though.  Everything in the budget has been agreed on and all they need now is just a lifting of hands. Many government agencies are screaming for them to hurry up because they need funding. The 2012 Budget has been closed leaving them without any money to operate. I feel this is huge and...it has been reported in many news articles.  [post 1 of 4....stay tuned]

1-9-2013  Intel Guru TerryK   Thursday is what im being told. However china tried to push it today...they are trying for 2 am est time tonight. I dont know if they will be successful. Let's not rush into anything. Let's just take this slow but this is really looking great with all thats going on right now.

1-9-2013  Newshound Guru Tlar   It is only a fool who thinks he has solved this puzzle.  RV, float or whatever.  We have corrupt individuals running the show so there is absolutely no way to make any sense out of what's going on at this point.  Look at this as a good book you are unable/unwilling to put down.  We all understand the plot and probably the outcome but the story is yet to unfold as to how or when we will get there.  Relax if you can. Be amused by the story.  Watch the players for they are all  just bit players in a B movie. Enjoy the entertainment.  You've already bought the ticket.  It will come when it comes and when it does, it will usher in a reward for your having been a part of it.      [post 2 of 2]

1-9-2013  Newshound Guru Tlar  Nothing said yesterday in Iraq can be counted on happening today.  Plans change before the concrete dries.  Shabibi's plan - Shabibi's gone. Shabibi also said do it first of the year.  Did not happen.  Earlier Shabibi said $1.00.  Did not happen.  We will just have to wait to see.  Nassar said .25 per buck.  Studies said $1.13 and recently they said they were going to 1000 to 1.  Did not happen.  We still have no facts and why should we?  If you were in charge and going to raise the value of your currency would you ever reveal when or by how much?  Oh, it's coming alright, but the two questions that we have all asked from  the very first time we invested, how much and when, are yet to be answered.  That's why I don't get  too excited either way.  [post 1 of 2....stay tuned]

1-9-2013  Intel Guru Okie_Oil_Man   IT'S HARD TO KEEP THE FAITH WHEN PROMISES AND PROJECTIONS HAVE NEVER BEEN MET TO DATE BUT SOMEHOW THERE ARE A FEELING IN THE AIR THAT JUST PERHAP'S THIS TIME THIS WILL OCCUR--ONE THING ABOUT IT--WE DON'T HAVE LONG TO WAIT TO SEE IF IT IS REAL THIS TIME OR JUST MEMOREX.  KEEP THE FAITH--WE ARE SUPPOSED TO BE REWARDED SOON.  [post 2 of 2]

1-9-2013  Intel Guru Okie_Oil_Man   I AM RECEIVING POSITIVE INTEL AND SOME THAT ARE NOT AS OPTIMISTIC. THIS WAITING GAME IS NEARLY REACHED A BREAKING POINT IN MY ESTIMATION. WE ARE STILL CONFIDENT IN THE FINAL OUTCOME AND SUCCESS OF OUR INVESTMENT BUT NEED TO ALWAY'S REMEMBER THAT AS WE APPROACH THE FINISH LINE SOMETHING ALWAY'S SEEM'S TO INTERVENE.  PRAY THIS TIME THAT ALL THE SO CALLED OBSTACLE'S HAS BEEN REMOVED AND ACTION FINALLY OCCUR'S.  [post 1 of 2....stay tuned]

1-9-2013  Newshound/Intel Guru Flashing    0000000 bad news, everything is excellent...the fat lady is her way to the stage.  imo, january is our month and still confident about jan 15...we still in an anytime alert.   if u r following ch 7 meetings news today they are on line with our previous comments...they will be removed from ch 7...this means that the rv is upon us... imo, it cannot go into february.  facts are solid...it could be tonight or any day between midnight and 4 am.

1-9-2013  Newshound Guru Adam Montana   Kurdistan just recently played what may be a "Power Card" - they've begun working outside of the GOI and doing business on their own. There have been oil sales and deals struck which completely excluded the GOI - any time oil is sold from any regioin in Iraq, a portion of that money is supposed to come to the Central Bank. Kurdistan is apparently disregarding that fact.  This is different than the normal "huffing and puffing" - this is a serious play. This means that if they want to move forward, they are going to get SERIOUS about resolving the HCL... and if you've been following the Dinar for long, you know that the HCL is a major key to the future rise in the value of the Dinar.   [post 4 of 4]

1-9-2013  Newshound Guru Adam Montana   There has been talk for some time now that Kurdistan would simply love to split apart from Iraq, and the thought is that they will do this if Iraq is not going to step up and increase the value of the currency. They feel like "Why should we wait around for these people to get it together when we can just secede, form our own country, and our own CURRENCY, and move forward?"  This is not the BEST case scenario, and both Kurdistan and Baghdad is well aware of this - the BEST CASE SCENARIO is for Iraq AND the Kurdish region to move forward together, raise the value, raise the power, and succeed.   [post 3 of 4....stay tuned]

1-9-2013  Newshound Guru Adam Montana  HCL is another story - that IS Iraq's baby, and they DO have everything to do with it. For those of you that don't know, the HCL is the "Hydro Carbon Law" - it's a HUGE deal for Iraq, because it influences and even controls where the money goes when they sell oil, who can sell oil to whom, and very significantly - what the Kurdish region of Iraq can do with it's share of the resources.   [post 2 of 4....stay tuned]

1-9-2013  Newshound Guru Adam Montana   Fiscal Year 2013 for Iraq is here. This means nothing by itself, but now that we're past that mark we can start looking for more important stuff... like ratifications and serious votes on serious matters such as foreign policy, Iraqi banking and financial structures, and most importantly - HCL and Chapter 7.  Now, Iraq itself does not have much to do with the DECISION that needs to be made on Chapter 7. They have done everything they need to do, they are 100% compliant and there is nothing to legally prevent them from being released unconditionally from Chapter 7 IMMEDIATELY.  [post 1 of 4....stay tuned]

1-9-2013  Newshound Guru Kaperoni   Article:  "Iraq announces closure of its borders with Syria and Jordan"  makes one wonder if they about to do something with the dinar?  or is this just what they say it is?

1-9-2013  Intel Guru Blaino    THE REVAL OF ALL THESE COUNTRIES AND THE "GLOBAL RESET" ARE SECURELY IN THE HANDS OF THE IMF, THE WORLD BANK AND OTHER GLOBAL BODIES WHO WILL NOT RELEASE ANY PART OF IT UNTIL ALL THE VARIOUS COMPONENTS ARE IN PLACE AND PREPARED IN ALL RESPECTS FOR THE TIMED AND STAGED RE-SET.   [post 2 of 2]

1-9-2013  Intel Guru Blaino   I AM EVER MORE CONVINCED THAT NOTHING NEEDS TO BE DONE INSIDE THE POLITICS OR GOVERNMENT OF IRAQ TO FINALIZE OUR GOALS FOR THE RV...BUT RATHER IRAQ IS THE CONVENIENT EXCUSE FOR STALLS AND DELAYS.  IF THE REAL REASON(S) WERE REVEALED, THE CLAMORING FOR THE REVAL WOULD RAISE SUCH A DIN AND RACKET THAT NO ONE WOULD BE ABLE TO HEAR ANYTHING ELSE.  [post 1 of 2....stay tuned]
1-8-2013  Newshound/Intel Guru Flashing   articles are confirming what i have been saying for some weeks...imo they will be removed from ch 7 during this month and the remaining issues will be handled under ch 6 by UNAMI... imo it is a done deal...could be tonight, rumors, but facts are supporting some rumors.

1-8-2013  Newshound Guru SWFloridaGuy   The IQD not being a convertible currency is a severe hindrance to conducting business internationally. There were several reports from the CBI last year that pointed to early 2013 as target date for currency reform. How long this will take is anyone's guess but I think we can all agree that economically Iraq is headed in the right direction.

1-8-2013  Newshound Guru Tlar    The central bank just guaranteed  the Letters Of Credits.  This is a major step forward but if you consider that they just stated there is approximately only 100 or so banks in Iraq, each qualifying for their license to be a bank with  total assets of  only 280 million dollars, there truly is not enough investment capital sitting in these banks to finance the new Iraq.  Let's see  100 x's 280 = 2.8 billion with which to build a country assuming every dollar is put to work.  The banks are still are woefully under capitalized.  Even so it is still an improvement from where they were.   They need to go back to work and find another way to finance their society or they need to change the value of the currency sitting in those banks which indirectly increases their assets.   [post 2 of 2]

1-8-2013  Newshound Guru Tlar   Article:  "Finance Committee of the Parliament of Kurdistan check about the force of liquidity in banks"  I'm not sure but if I remember correctly. Shabs required each bank to increase their capital to 250 - 280 million dollars in order to keep their licence to be a bank.  That is not very  much assets.  By the time the bank makes any loans at all they are broke, no cash.  I think this is what they are talking about.  How do you expand the economy with no money.  [post 1 of 2....stay tuned]

1-8-2013  Newshound Guru Kaperoni   [What are the consequences of the Feb 23rd  deadline?]  If the IMF wants, they can give them an extension though we see no signs of that yet.   If they fail, and there is no extension, as I mentioned above the recourse is calling the loans, or sanctions on Iraq.   Paris debt agreement was also contingent on Iraq following the guidelines and agreements put forward by the IMF, WB so they risk the debt agreements as well.  Hang on...its a tough ride, but hopefully it will end soon.

1-8-2012  Newshound/Intel Guru Flashing   [Flashing u still think before 15 th?]. Yes I do.  IMO, the RV will happen during wee hours. All rumors are excellent. It should happen anytime now. 

1-8-2013  Intel Guru Ocrush    You see these procedures that needed to be done to implement the draft law were to get the private banks going.  All is done. The only thing the CBI can' t do is approve the release of the new denoms...this is parliaments presidency that needs to activate and approve and in turn he was waiting for the budget to be finalized by the finance committee, which I was told was completed today!!!!  [post 3 of 3]  

1-8-2013  Intel Guru Ocrush    I was told this is finished. Most private banks are good to go, except for a couple that will pay fines and would be allowed to participate within 30 days. These were the procedures that were stopped by the GOI back in MAY 2012 because they needed to complete their studies. My belief is they (goi) knew the RV could not take place till the new fiscal year. I believe back in February and May Saleh stated the process of deleting the zeros can’t be implemented until early January 2013.    [post 2 of 3....stay tuned]

1-8-2013  Intel Guru Ocrush   It seems the finance committee has completed their task!! This is what is going on with the CBI.  Back on Dec 31 2012 the CBI started the process to implement their monetary policy. There were certain procedures that needed to be finalized with the private banks. These procedures included for the private banks to participate in the exchange of currencies through their windows. On January 2nd (wednesday) they were to submit their applications (audits) to the central bank of Iraq for approval.   [post 1 of 3....stay tuned

1-8-2013  Intel Guru Bear5642   Spoke to my Iraq contact late last night. There was a misunderstanding of info. Documents had to be received first then implement the rv. This is done. He told me it would no go any further than January 10th. He did not foresee any further delays.

1-8-2013  Newshound Guru Duckyboy   It's been a FEW of months since I put anything out.  All GOI politics aside, the banks in Iraq have to be ready for this and I have read nothing showing that they are ready. There has to be a consistency in how a government operates. The GOI is kind of messed up and in order top RV, they have to get approvals from the IMF/BIS.  Ask yourself one question without taking into consideration your needs: Would you approve the RV if it were up to you? Finally, all of this just may be a bunch of smoke and if it is, something completely different may appear in the form of an RV.... or not! Yes, I am hopeful that this does happen soon.

1-8-2012  Newshound/Intel Guru Flashing   There are some saying that the UN will stay in Iraq and will hold them under ch 7 because of the political instability and my question is why, UNAMI is there.  Iraq will be removed from ch 7 to ch 6 and UNAMI will handle those internal affairs as we as the issues related to missing properties and persons. Everything is very positive. Facts are out there. We are very very, very close.

1-8-2013  Newshound/Intel Guru BGG   The reason is – if Maliki doesn’t get his deal in writing before they polish off the Fed Courts Law (and it looks like they will – with some recent defectors), he’ll have no leverage whatsoever. Now is optimal for him to do a deal. However, if he actually believes he’ll stay put (without giving anything up) for four more years…better for the opposition to push through now as well.  Either way – good for us. [post 2 of 2]

1-8-2013  Intel Guru Blaino    there will be some release over the talibani matter, baghdad seems to want to hold that one close to the vest for NOW... He was the pacifier for the trigger happy KURDS... And maliki is scared of them (HINT... They have semi automatic rifles!!! Getting a hint now?) our contacts have their own sources and connections...It comes all the way down the line from the point of it's origin in the halls of parliament and the finance ministry...But they long ago gutted the leakers and it's tough to get anything NOW...i'm now watching the next 4 to 9 days very CLOSE.

1-8-2013  Newshound/Intel Guru BGG  Article:  "Maliki waving to the possibility of winning a third term." There it is folks – Maliki intends to run for a third term (or steal it again) – no matter what Parliament says or does. Forget whether it is constitutional – he thinks he’s stayin’!   I also had another excellent conversation with a source earlier today…we believe based on this very push there will some significant push-back against Maliki or he will fully commit to some “last-minute deal”.  [post 1 of 2....stay tuned]

1-8-2013  Newshound Guru SWFloridaGuy   Traders choose a currency pair that they expect to change in value and place a trade but what matters to us is that the IQD is not freely traded and is not being used in any significant international transaction or on any legitimate foreign exchange, although there are plenty of dealers around the world, which are largely unregulated. This will not show up suddenly and start trading on FOREX, that much I can promise you from speaking about this at great length with professionals who know far more about this then me.  [post 2 of 2]

1-8-2013  Newshound Guru SWFloridaGuy   Netdania and Yahoo Finance type sites...are not FOREX brokers/market makers and a poor proxy for volume, riddled with anomalies...that usually coincide with trading session openings. The spikes are directly related to the volatility of the USD or simply malfunction. Real FOREX trading is done through a broker or market maker.  [post 1 of 2....stay tuned]

1-7-2013  Intel Guru Blaino    i have been in conversation with several of our better contacts...Here is the gist: there is a guarded optomism in baghdad that we are teetering on the BRINK...Wobbling...we have been wobbling a long long time! The concurrence was that "this feels different"...So, if we live on feelings...We ought to be very excited! I try not to let enthusiasm run off with ME...But even i feel ... Different...there does seem to be something happening re: the 000 notes and their being changed, recalled PERHAPS...As some of our own large denominations were, but they are still viable as money.   there is a lot of stuff out there about "this week!" and "tomorrow"...But this time, there may be a lil more substance to it than in times gone by!

1-7-2012  Boots On The Ground Guru War   I have just returned from the bank of Baghdad, there are still no lower denominations at the bank at this time, the exchange rate is 1170 but on the street, the rate is 1248. Ali my bank manager friend said that the dollar is in great demand at this time and that everybody’s looking to buy dollars. They still have no faith in the Dinar. That is all the information that I have at this time, be safe and I will correspond later.

1-7-2013  Intel Guru TerryK   THEY ARE TALKING ABOUT DROPPING THE 000 AND MAKING THIS LIVE. THEY ARE ABOUT TO RV THE CURRENCY. THEY ARE PINGING 194 CBI'S CURRENTLY. STILL HEARING 3.86 IS SOLID AND .478 DONG AND BOTH WILL FREE FLOAT THURSDAY.  NOW FOR THOSE THAT DON’T UNDERSTAND THE 3.86, IT’S WHAT AGREED TO IN THE BUDGET IS. IT WILL RISE. THAT’S THE ONLY WAY CBI HAS BEEN GIVEN THE POWER TO ADJUST.  [post 2 of 2] 

1-7-2013  Intel Guru TerryK  DO YOU KNOW HOW CLOSE YOU ARE TO BEING WORTH MILLIONS? I HAVE NEWS GOOD NEWS. NOT RV NEWS BUT PUTS IT ON TRACK. NOW I WILL TELL YOU THIS - I HAD A CALL EARLIER TONIGHT. THERE ARE PEEPS IN IRAQ RUNNING IN THE STREETS WAVING THE USA FLAG. I’M HEARING THAT THE CBI IS READY.  [post 1 of 2....stay tuned]

1-7-2-13  Intel Guru BOBGETZ6  He [contact] says we are so close, he might not sleep tonight...it is only his opinion based on lifelong personal contacts. So we wait.

1-7-2013  Intel Guru SteveI  [Referencing Delta's post below]  Excellent if true. It does fit our timing so just maybe this could be it? We are still working more information.

1-7-2013   Intel Guru Delta   URGENT URGENT URGENT...JUST IN FROM IRAQI TV (ALFAYHAA) THE PROCESS OF DELETING ZEROS IS *COMPLETE*, AND THE CBI IS GETTING READY TO IMPLEMENT. THIS IS THE END OF THE SONG AND THE LAST DANCE.  THE NEW GOV [GOVERNOR] OF THE CBI GOT THE POWER TO INCREASE THE VALUE OF IQD AT ANY TIME HE WANTS, AND WE ALL KNOW THAT HE GOT THAT POWER FROM THE BOARD OF DIR OF THE CBI.

1-7-2013  Newshound Guru Kaperoni  Article quote:  "it would serve the citizen and the national economy, considering that groups large will turn into a thousand small unit"  That is another great quote...clearly meaning to me...that larger 3 zero dinars will turn into a thousand smaller dinars.  Which shows that the dinar will be honored at it's printed face value (no LOP). Love it!

1-7-2013  Newshound Guru Fresh   until we are out of January - it's like betting on your team already winning the Superbowl while we have the playoffs ahead of us... we need to give January time... very key month for some "leftovers" from Dec 2012 and some very encouraging progress IMO! it's just now starting to heat up after the lazy new years.

1-7-2013  Newshound/Intel Guru BGG   Article:  "Urgent…Reveal details of the closed-door meeting of heads of parliamentary blocs and what was agreed upon on the demands of the demonstrators"  “With regard to the law of the Federal Court, it was agreed to put it on the agenda at one of the sessions of Parliament during this week.”  If this was all they accomplished this weekend (and I’m sure it’s not) it would have still been a historic event. This should help seal off any avenue of retreat Maliki will have once they move against him directly in Parliament. It’s not as if they have other options. Maliki is angling for a 3rd term. It’s now – or keep dealing with him for years. It’s not as if he’s out with the next elections (with any certainty).

1-7-2013  Newshound Guru Tlar  Once again he stands between the RV and us.  I hope at some point we get the real reasons for his anti Iraq stance.  Why he wants to stop all progress of the country.  I hope we don't find out in the end that he has duel citizenship,  That he is both an Iraqi and an Iranian citizen, but feels that Iran's needs and wants come first so he takes his marching orders from them. Wouldn't that be a cruel joke.  [post 2 of 2]

1-7-2013  Newshound Guru Tlar  Article:  "Parliamentary Finance: reset the currency project has been postponed because of the successive political crises"   I haven't quite figured out why Maliki wants absolutely no progress in his country.  He has been at the heart of everything good for Iraq stalling or stopping its progress.  Everything from the HCL, Article 140, Tariffs, Ration Card and the removal of the zeros.  He has sided with the pahrias of the world against the civilized world and is presently stoking the fires between the different sects in Iraq while pretending to be the only statesman for the state of all sects. Its as if he does not want his country to go any further than the day he took office.  [post 1 of 2....stay tuned]

1-7-2013  Newshound/Intel Guru Flashing   imo, we still anytime now within my time frame. Unfortunately the rumors about yesterday didn't become a reality, but everything still excellent.  Today you will see some smoke in the media. Don't pay attention to that. We are in an excellent position.  just remember that UN cannot hold their report and its decision for long time. so we should expect it any time now. My time frame still the same until Jan 15.

1-7-2013  Newshound Guru Kaperoni   Article:   "Economist: need to delete three zeros project this year to support national currency"  Some very good information in this article.  Though it is from an economist, and we cannot tell when it will happen, it does add more confirmation to the fact that there is little to no dinar left as a result of the auctions. He requests that they impliment this event this year (which we know from numerious articles it must occur at the beginning of an accounting year).   It also adds another voice in support and requests the GOI (Maliki) support this.  We can ony hope.

1-7-2013  Newshound/Intel Guru Flashing   remember that in late november the greece budget agreement was approved, during december and january kuwait and iraq agreed on kuwait airways, during the 3 months period ended oct 31 iraq quadrupled its gold reserves to support their currency, during december they started the border markers and are on the last phase of it, etc...they are taking care of issues that were a threat for the international security and peace...beside rumors, a lot of articles indicating iraq is taking care of pending issues. they will be moved from ch 7 during this month so they need to rv...we are in an any time now alert.

1-7-2013  Newshound Guru SWFloridaGuy    • The CBI will be able to intervene through regulatory powers and control the money supply and work to keep the IQD near the official (most likely unofficial actually) target rate. • Only at this point can we can expect to see a substantial arising onto the foreign exchange market.  I hope this serves to clear up the confusion...I do believe that one day (hopefully very soon), the IQD will be traded on FOREX.  [post 3 of 3]

1-7-2013  Newshound Guru SWFloridaGuy    • When the time comes the CBI will get the signal from the Executive and legislative branches to initiate the implementation. • Once they get the go ahead they will set a goal rate then send it to the BIS for approval. • At this point the BIS subcommittees (Central Bank members) will approve the target rate and regulate capital. • Once approved the new rate will be sent to all central banks around the world simultaneously and this is when you will get the first opportunity to see the rate.  [post 2 of 3....stay tuned]

1-7-2013  Newshound Guru SWFloridaGuy    I'm going to lay out the actual process that a revaluation must go through before it can go live to try to help clear up some confusion.  The IQD is not traded on FOREX and will not show up there first. This will not show up suddenly and start trading on FOREX...When a country/Reserve bank changes the value of a currency there are certain procedures that will take place long before it starts trading on FOREX.  Here are the actual steps we should be looking for:  [post 1 of 3....stay tuned] 1-6-2013  Newshound Guru Doc    We are encouraged of reports of a shortage of dinar within the country.  As we reported many months ago Shabibi was "retiring" dinar which we applauded as a very efficient way of not having a lot of dinar in circulation prior to a RV.  All reports indicate this was accomplished.  While this does not indicate the RV is "any moment"  we do concede it to be a necessary step.  Keep in mind though the country still functions on USD and can continue to do so.  All-in-all this is a positive confirmation.  We report, you decide   [post 2 of 2]

1-6-2013  Newshound Guru Doc   We continue to have a hard time getting excited in the short term with Maliki running around doing whatever he can to upset the apple cart so to speak.  Simply put the GOI is not to stable.  Recent reports talk about dissolving Parliament.  It would be tough for the international community to have confidence in Iraq's currency when the GOI is changing daily.  Secondly, despite reports...HCl is not a done deal.  And until it is done the assets to back the dinar are not secure.  Because of this we continue with our opinion the likely hood in the immediate near term of currency reform is low.  As we finally see these issues resolved we should see the fruits of our investment realized.  [post 1 of 2....stay tuned]

1-6-2013  Newshound Guru Mailman17   I WAS WAITING A LONG TIME FOR MALIKI TO CUT HIS OWN THROAT.  PRAY THAT PARLIAMENT STAYS STEADFAST IN THEIR CONVICTION AND DOES NOT LET MALIKI WORM HIS WAY OUT OF THIS.    SO SUNDAYS THE BIG DAY...WE WILL WAIT....WITH FINGERS CROSSED.

1-6-2013  Newshound Guru Bondlady   [So do think there is any validity to this emergency session to do a vote of no-confidence?]  its not for a no confidence vote,  its for laws and their wanting to amend the amnesty law and pass it too. its one of the demands of the protestors.  see they're trying to pass a basket of laws - budget, hcl, art 140, amnesty and infrastructure...but to pass those there is fighting because someone wants the amnesty law as it is which basically frees everyone and no one is held accountable for crimes.  so they stop the other laws that need to be to get their way but malikis given them a big thing here...maliki' pretty much told them this is the last chance to get their act together...either do the laws or he could dismantel parl and call for early elections and form the majority gov...we have to have these laws too, these laws bring on what we want.

1-6-2013  Newshound Guru Kaperoni   As our political expert Kirk Sowell said he gave little chance of a NC vote as it would take 163 votes which would be unlikely without some of the Maliki's party attending. And even if they wanted to, it would require a request (7) day to interview Maliki first. He did say, he felt that political blocks would support (and get 163 votes) a vote to dissolve the GOI/Parliament if new elections were held. I have to stand with his view.   I might add, that the fear I have if they dissolve the GOI/Parliament in favor of new elections, Maliki would simply delay such an event, thus become a full dictator. I don't know if that is possible or not, but something to consider.

1-6-2013  Intel Guru Bear5642    he [Iraq source] called me back late last night and said it's a go for the RV.  He told me to watch for it after 5pm eastern. We have another source from Iraq who is telling us Monday.   I have someone with a Forex account who is watching his screen to call me.  some documents had to be delivered today and the package did arrive as expected...The package was delivered in Iraq to associate...done deal.  I will come back... after 6pm central...I am hoping to get an update sometime around 3pm central.

1-6-2013  Intel Guru BOBGETZ6   The KWD is about $3.55 to the USD. That should tell us something. Why would the IQD be less? If it did come out at one to one, the market would drive it up fast and big time.

1-6-2013  Newshound Guru Kaperoni   I read somewhere today that Jan 6th will be the official holiday (new national day) acknowledging the official day the troops left Iraq.  When I go back to the creators of the "delete zeros" plan (Shabs and Fadel) there was an interesting statement..."Here, it must be noted that the responsibility lies with the Central Bank of Iraq in the case of the decision to move to the application of this procedure where it should be the process smoothly without any problems and that the new dinar will be announced to start a new era, not just the currency removed zeros but also gives hope to the end of the time of war, sanctions and inflation "  What better time than on the anniversary?

1-6-2013  Newshound/Intel Guru Flashing   [we looking good for this week still?]  very, very good based on rumors. tonight could be our night.

1-6-2013  Intel Gurus SteveI, Ray & Ocrush   --> Now parliament is suppose to meet at an extra-ordinary meeting this Sunday, lets see how this plays out. Furthermore, they are calling this one "Historic".  I have never seen anything like this ever, so this must be very important. Our personal feelings are that we should see the revaluation in the coming days. There is no other logical explanation for them not to show there hand. Believe me.....if there were any negative outcomes, we would have known by now, but everything seems to be hush-hush and behind closed doors. There is only one reason for this, and I think you all know what it might be. Please stay patient for we are at the end of this ride one way or another.   [post 5 of 5]

1-6-2013  Intel Gurus SteveI, Ray & Ocrush    --> The Chapter VII issues have been resolved but they have not come forward yet, and we feel that Kuwait's Emir is the one to follow. The United Nations has had many meetings including one recently that was behind closed doors. This was for a reason. All three of our contacts are hearing and feeling that Chapter VII was accomplished, but it has not been formally announced.  We think the reason for this is that this is Iraq's party so they will wait and announce it simultaneously with the new 2013 budget. Again, this is our opinion and also that of our contacts. We feel something this important needs to be announced by Iraq.   [post 4 of 5...stay tuned]

1-6-2013  Intel Gurus SteveI, Ray & Ocrush    Here is a fact that was in the news that I think many folks missed. For the first time that I can remember, Iraq has officially closed the accounts (books) ending in the year 2012...from what I do recall, it was always carried over from year to year. So we all feel that if you close the accounting budget (books and accounts) for the year end 2012, in order to get monies from the Ministry of Finance for 2013 you will need to open the new budget. Do you see where we are going with this one?    [post 3 of 5...stay tuned]

1-6-2013  Intel Gurus SteveI, Ray & Ocrush   --> We know that the Government of Iraq (GOI) did not go on vacation when they were suppose to (November 14th until December 14th 2012), and you all know how important there vacations are.  --> We know that the 2013 budget has gone back and forth between the parliament with the final adjustment, and the Prime Minister has signed off on it, and the Finance Ministry has ratified and submitted it back to parliament for final approval and vote to be put into law.  [post 2 of 5...stay tuned]

1-6-2013  Intel Gurus SteveI, Ray & Ocrush  As you all know we try our best to give you verifiable information. It is extremely important for all of us to stay focused and not jump to conclusions but trust me, this is getting harder and harder as every day passes. One thing we could share with you is everyone has calmed down!  For what it is worth, the banks and ISX are closed until the January 7th. Our suspisions are we are very close! This statement is a gut feeling from the three of us and we cannot provide any solid facts to prove that we are really that close to having Iraq revalue their currency.  So let's go over the facts that we do know:  [post 1 of 5....stay tuned]

1-6-2013  Intel Guru TerryK   Why i said the first of the week is what is on the schedule. Maybe as soon as tomorrow [Sunday] night to see or hear it.

1-6-2013  Newshound Guru Mailman17   KUWAIT BEING ALL FINE IS STILL NOT CHAP 7, ITS JUST A PART OF IT.  WE STILL NEED ART 140 AND ESPECIALLY THE HCL THEN AND ONLY THEN WILL THE UN CONSIDER LIFTING 7.  BUT ALSO PLEASE REMEMBER 7 IS NOT NEEDED FOR THE RV.   THE BUDGET SHOULD GO THROUGH IN JAN AND THAT IS WHAT I THINK IS THE KEY TO THE RV.  LOTS OF NEWS REGARDING NOTES ETC., RATES ETC.  STAY FOCUSED ON WHAT WE KNOW -  SHABS TERMS - ON PAR.   I DO NOT THINK THEY WILL COME OUT LOW AND FLOAT  TO A BUCK.

1-6-2013  Intel Guru Bear5642   Greetings everyone...just got info out of iraq.  i have to be careful because i dont want to get him in trouble over there. this contact will be there all week and is waiting specifically for you know what.   he told me and my friends...We will see it Monday.  We have another source saying it will occur sunday.  my source he is stating he is having difficulty getting through to us.  my source is in iraq for only one reason and is to confirm the rv for his associates in china.   i will come back... tomorrow...to bring an update.  i hope my contact can get through to us. *** 1-5-2012 Dinar Guru NEWS FLASH *** Major news coming out of Iraq.  Protesting Iraqi citizens have been in the streets of Iraq for DAYS...it appears they have been noticed.  Pressure is mounting on the PTB.  Parliament has scheduled an emergency session for Sunday--articles suggest this is for a possible No Confidence vote of Maliki.  Reports are Maliki will request the VP of Iraq (Since Talibani is out with illness) to dissolve Government AND Parliament in two days.  We're about to see if this is a high stakes game of Political Chicken or if one of these groups is serious.  Stay tuned as the gurus report...we'll keep you updated on the latest.
1-5-13  Newshound Guru SWFloridaGuy  Iraq has many options and there is no doubt it's just a matter of time (in my opinion of course). I also recognize that the CBI has many options and I certainly don't have the arrogance to pretend to know which options they will choose. I do think this will be our year though (finally), only time will tell.   [post 3 of 3]

1-5-13  Newshound Guru SWFloridaGuy  Iraq currently has $60 billion in foreign currency reserves. In the 70s, when their former currency boasted a much larger value, Iraq's foreign reserves were only 35 billion. As CBI reserves grow, so does their credibility.  I have come to the conclusion (after over 2 years of non stop research) that the NID will reach former levels the former IQD saw decades prior.   [post 2 of 3....stay tuned]

1-5-2013  Intel Gurus SteveI, Ray & Ocrush   [platinumroof's post]   "I have decided to break my silence and reveal my understanding of truth surrounding the Iraqi Dinar. First, I am married to an Iraqi born citizen who works as a foreign affairs delegate for the Iraqi Government. We are are heavily invested in the Dinar as many government people are. My husband speaks many languages and works exclusively with other country's that are investing in Iraq, the two major countries are the United States and China. I am running a huge risk for putting out this delicate information, but at this point, it is to far along in the process to matter. The Iraqi Dinar is set to revalue prior to the 10th of January barring any hang ups, (which are common) it should show at a rate of $3.42 and experts are expecting it to rise fairly quickly from there.  Yes, it could be delayed, but if it is again, it will be only for a very short time."  [post 2 of 2]

1-5-2013  Intel Gurus SteveI, Ray & Ocrush   There are a few things we cannot verify yet, but I think in the upcoming days what we are trying to verify will become very real and in the news.  I really never had a chance to comment on the post by our member platinumroof on January 1st. Everything in that post seem to be spot on and a rate within a few cents of what we feel and that I have stated for some time. Also from the recent news, the timing could be pretty close.  [post 1 of  2....stay tuned for platinumroof's post]

1-5-13  Newshound Guru SWFloridaGuy   I tend to think that infrastructure is very important but despite the fact that Iraq needs to overcome some challenges relating to infrastructure, institutional reform, hydrocarbon sector, political stability and security, their economic reforms can proceed regardless.  [post 1 of 3....stay tuned]

1-5-2013   Intel Guru TerryK   CHINA WANTS THE VND ASAP.  SIT BACK AND WATCH. 194 COUNTRIES SIGNED THIS WEEK ON THE AGREEMENT. THEY WILL DO A REBOOT.

1-5-2013  Intel Guru TerryK   I HAVE GOTTEN 4 CALLS THIS MORNING.  WE ARE ON TARGET.  THIS IS HAPPENING.  WE WILL SEE THIS COME TO AN END WITHIN DAYS. THIS NEWS IS REAL.

1-5-2013  Newshound/Intel Guru BGG  Interesting headlines...New York Times..."Iraqi Prime Minister Faces More Calls for Resignation"  "A political crisis facing the Shiite-led government of Prime Minister Nuri Kamal al-Maliki of Iraq appeared to escalate on Friday, as more political rivals called for his resignation and for early elections. In addition to the political arena, demand for change echoed in the streets as demonstrators expanded protests in major Iraqi cities."

1-5-2013  Newshound Guru Tlar    Article:  "Economist: the problem of low liquidity includes all of  Iraq"  Low liquidity means just that.   Not enough dinar.  The only thing that will change this is the release of the smalls.  The only thing that means is RV.  This is what the beginning of the end looks like .  They have bought enough dinar up that there is no longer enough in circulation to handle the needs of the economy.   Articles like the above only stand to confirm my conviction that we are close.

1-5-2013  Newshound Guru Kaperoni   Article:  "Economist: the problem of low liquidity includes all of Iraq"  Liquidity is the currency (dinar) in circulation.  This article is stating that the entire country is low on dinar.  They then go on to explain how that occurred (banks not following rules and currency leaving the country -only dollars makes sense).   The most important point I take away from this article is it is more confirmation that there is a declining amount of dinar in Iraq.  That the auctions have been one of the main reasons for that decline (latest article to include all bank in auctions will only make that worse).  And we already know from previous articles the condition of that dinar (ripped, torn, glued, taped, etc).  Therefore, something must be done to preserve the currency and prestige of the New Iraqi Dinar (NID) soon.

1-5-2013  Intel Guru SteveI   All I can say is we are right there, and I mean very close. Stay positive.
Read more: http://www.dinarguru.com/index.html#ixzz2HOwGi61H

1-4-2013  Intel Guru TerryK   SO NO RV THIS MORNING BUT DID GET A CALL 30 MIN AGO AND TOLD ME TO WATCH FOR IT TONIGHT AND WE CASH OUT MONDAY  AGAIN.   IM HEARING THAT FROM 3 SOURCES.

1-4-2013  Newshound Guru Enorrste   Article - "Economist: the problem of low liquidity includes all of Iraq"   This...may reflect the fact that Shabibi has been largely successful in removing the large notes from circulation in the country.  I believe the second paragraph refers to the plan to introduce a new currency and is saying that this should occur as soon as possible.  I think that the phrase "lower the value of the dinar" is a mistranslation, since it is contradicted by the remainder of the sentence, which refers to the "good value" of the dinar. Therefore I say that this article is recommending going ahead with the change in the currency, which other articles from Parliament are saying is now imminent (beginning of THIS year). I believe the phrase "lower its value against other currencies" means going from 1166 per dinar to a "lower value" per dinar, which really means INCREASING the value of the dinar.

1-4-2013  Newshound Guru SWFloridaGuy     So, this is no small matter for Maliki and he should be very concerned about it because he could be brought up on a lot of corruption charges and even charged with crimes against humanity. Not to mention he still hasn't even provided basic services for the Iraqi people. I have a feeling he knows how to walk the edge though and he'll push things as far as he can without being removed. I could be wrong though, the arrogance of these dictators never ceases to amaze me.  [post 2 of 2]

1-4-2013  Newshound Guru SWFloridaGuy   There's a lot of talk about Maliki being removed. Anything is possible but Maliki is one slick dude. He has been very stubborn and seems to be able to match every move they make.  Although I think as much as Maliki seems unwilling to compromise, he is even more unwilling to be questioned before Parliament.   [post 1 of 2....stay tuned]

1-4-2013  Intel Guru BOBGETZ6   I think I posted something to the effect yesterday, or the day before, that there should be a lot of activity within our own as well as Iraq's government. With Iraq, there will be a lot going on, like a magic show. The right hand will be moving around a lot, so that you don't notice or are drawn away from what the left hand is doing. All of the activity could well mean that we are very, very close.  [did you get to talk to your frozen friend]  I did...and he alluded to what I just said.

1-4-2013  Newshound/Intel Guru BGG   Article:  "Urgent Urgent...Communication and consultation between the leaders of political blocs graduated line on the nomination (Baqir Jabr and Adel Abdul-Mahdi and Qusay al-Suhail) for prime minister substitute for Maliki!!"   Wow!! This is a very interesting turn of events!! That whole list of characters agreed that Maliki needs to step down – whoa?!? This could go a number of directions…any one of which is just fine for us. Very exciting times.

1-4-2013  Newshound Guru SWFloridaGuy   I just wanted to clear up the persisting "RVs happen on Fridays rumor." In my opinion there is no basis for this rumor and my research shows it to be completely inaccurate...large currency appreciation shocks have many different determining outside factors none of which distinguishes a particular day of the week. Appreciation episodes vary in definition and can be a single event or a period of growth that lasts up to several years. They definitely are not included in a Friday gift basket.

1-4-2013  Newshound Guru Kaperoni   [Is this true?  They told them they could not join until they raised the value of the dinar... and made it an internationally tradable currency.]  sorta...there was a committee assembled some time ago to help Iraq with accession to the WTO.  This committee told Iraq to get there currency more in line with the USD.   Also, if and when you are a full member, you must follow WTO guidelines which adheres to IMF currency practices.  Which means to be a member, you must be in Article 8 and a convertible currency.  [Kaperoni is having a CC tonight January 4th 2013 @ 8pm CST to discuss the current Iraqi Political situation 805-399-1000  Code: 296983#]

1-4-2013  Newshound/Intel Guru Flashing   Article:  "Iraq-Kuwait Relations member: Iraq to emerge from Chapter VII January 2013"  "The first month of the year (2013) will see an end to all outstanding issues between Iraq and Kuwait,” noting that “Kuwait has completed its mission and handed United Nations documents full remove Iraq from Chapter VII.”   iraq will be out of ch 7 during january and because of that the rv is imminent.  that article was from november 2012...but if u tied up all subsequent events, they will be out anytime during this month.  imo, they have a predetermined plan and they are performing accordingly.  everything is excellent, i am very very happy.

1-4-2013  Intel/Newshound Guru Poppy3   I think we will have a brighter picture of the exact direction by the 10th of this month.  I'm still not convinced on this 3 state deal, I don't think they will put that together.  We are seeing some positive signs, things happening behind the scenes that will help us out.

1-4-2013  Intel Guru Footforward   What are the rates going to be?  I don't know.  The rate has to be good, Iraq can't stand on $1.  When Shabibi talks about exchanging 1 to 1, he means in country they will exchange USD for lower denoms on a 1 to 1 basis.  This won't affect us.  My sources are still looking for this RV right away.  I am still looking for this on an any day basis.  [post 3 of 3]

1-4-2013  Intel Guru Footforward   Iraq has to have a rate of at least $4.  I am holding on to double digits. I am not sure how this will come about.  I have reason to believe that there are special agreements that have been put in place for higher rates than the actual rates that show up on Forex or bank screens for the dinar that we have.  These deals were originally put in place for royalty and government figures, basically they are going to benefit beyond what the rate was going to be.  So, I believe that these agreements do exist and that we have been given favor with the right people and that we are going to have special rates for the currency that we have.  It will be a one time only thing. Could I be wrong?  Yes.  Could this change?  Yes.    [post 2 of 3....stay tuned]

1-4-2013  Intel Guru Footforward   For Iraq things are relatively calm.  Yes, there is fighting, people attacking other people, bombs going off, but in Muslim culture, you are always going to have that. Someone said that there would be no RV until there were 3 separate states in Iraq.  This is not going to happen.  Shabibi will come back, make an appearance and whenever the RV hits, he will walk away and Maliki will walk away.  Maliki's  goal is not to establish a dictatorship, he is there to hold down the fort, simple as that.  If they don't RV in the next few days, I expect the Standby Agreement, which expires on the February 23rd, will be extended.  There is a minimum of 30 days ahead of time to do this.  It's difficult to extend this at the last minute.  [post 1 of 3....stay tuned]

1-4-2013  Newshound/Intel Guru BGG   They are not going to get out of Chapter 7 any time soon while Maliki is in charge, but it doesn't really matter as far as the RV.  Article 140 and Erbil are probably not going to happen any time in the near future.  They will probably come up with a new program.  The idea of a 3 state, 3 part Iraq or 3 separate countries is a legitimate possibility.  This might become a legitimate solution to this problem. A lot of things can happen, we just don't know.  We will probably get an idea of what direction they are going in about a week or so.  1-3-2013  Intel Guru TerryK   FIRST OF ALL, THE DONG IS GOING WITH THE DINAR.  ITS ONE OF THE PRIMARY 11 CURRENCIES IN THE BASKET.  SECOND, THERE ARE 194 COUNTRIES THAT ARE INVOLVED IN THIS ECONOMIC RESET THATS ABOUT TO TAKE PLACE.  OK, HERE IS WHAT I GOT AND ITS HOT.  TONIGHT IS RED HOT.  RED HOT.  HAVE ANOTHER CALL COMING IN SOON TO GIVE ME MORE DETAILS. TREAT AS RUMOR OF COURSE.

1-3-2013  Intel Guru Okie_Oil_Man   THEIR IS STILL A GAG ORDER STILL IN PLACE AND I AM DUTY BOUND TO HONOR THIS REQUEST. THE MANY FACTOR'S NOW INFLUENCING THE C/E IS NEARLY UN-BELIEVABLE. I WOULD THINK THE ACTIVITY PRESENTLY OCCURRING CAN BE NOTHING BUT POSITIVE FOR US. I WISH I NEW THE DATE/RATE BUT I AM STILL NOT PRIVIED TO THE EXACT TIMING BUT THINK IT CAN'T BE FAR AWAY.  EVEN THO YOU ARE NOT PRIVIED TO WHAT I HAVE RECEIVED TODAY IN THE COMMUNICATION FURNISHED ME--PLEASE PRAY THAT IT IS CORRECT AND ACCURATE FOR A CHANGE.   I NEVER POST UNLESS I FEEL LIKE SOMETHING INEVITABLE IS ABOUT TO OCCUR.  [post 3 of 3]

1-3-2013  Intel Guru Okie_Oil_Man   NEW'S IN TODAY IS THAT THEIR HAS BEEN A BEE HIVE OF ACTIVITY REGARDING PROGRAM'S AND THE POTENTIAL C/E. THIS IS ANOTHER EXAMPLE LEADING US TO LET TIME PROVE OR DISPROVE INTEL. I HAVE RECEIVED VERY POSITIVE NEW'S FROM THOSE IN AUTHORITY THAT I CONSIDER BEING AS VALID AS HUMANLY POSSIBLE. WHILE NO ONE HAS BEEN COMPLETELY CORRECT UP UNTIL NOW--I WOULD HOPE AND PRAY THIS TIME THE INFORMATION IS VALID AND CORRECT.  [post 2 of 3....stay tuned]

1-3-2013  Intel Guru Okie_Oil_Man   GOOD EVENING AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIEND'S. WELL---THE GREEN CHRISTMAS I WAS TOLD TO HAPPEN EVIDENTIALY NEVER OCCURED. (ANOTHER PRIME EXAMPLE OF INTEL BEING CHANGED AT THE LAST MINUTE). AT THE TIME WE NEVER ASSOCIATED THE FISCAL CLIFF OR ANYTHING ELSE HAVING AN INFLUENCE ON THE C/E [CURRENCY EXCHANGE] BUT NOW IT APPEAR'S THAT THEIR WAS AN ASSOCIATION AND A DIRECT RELATIONSHIP BETWEEN THE TWO AND OTHER INTERVENING FACTOR'S.  [post 1 of 3....stay tuned]

1-3-2013  Intel Guru Delta   [Question for Delta. Do you think that we will see the Budget and Rate before the 15th?]  IMO, YES.

1-3-2013  Newshound Guru SWFloridaGuy   The Netdania and Yahoo Finance type sites are not FOREX brokers/marketmakers. They are just free web based charting tools and the numbers they use are a poor proxy for volume. The frequent anomalies often coincide with trading session openings (US, London, Asia), and the spikes are directly related to the volatility of the USD.  Netdania is a hybrid feed of data and the spikes also could represent an arbitrary spread depending on where their source data comes from. The IQD is not currently being traded and always reverts back to the actual value. [post 2 of 2]

1-3-2013  Newshound Guru SWFloridaGuy   If someone wants to determine the IQD rate in correlation to another form of currency, they can go about this procedure in a variety of ways. Upon completing the entry procedure the results of the IQD exchange rate (with regard to the respective currency) will show the fluctuations, but the Iraqi Dinar is not currently traded on the FOREX Market.  [post 1 of 2....stay tuned]

1-3-2012  Intel/Newshound Guru Poppy3  Things have changed as far as the Vietnam Dong goes.  Two sources reported that China has backed off of pushing the RV.  I don't know the details. They anticipate and the Minister of Finance said they possibly will do a small adjustment of their currency if/when the dinar RV's.  But, their actual RV or largest movement of their currency will not take place for 12 - 14 months post RV of the dinar.  The reason for that is that they are rated the 5th fastest growing economy in the world, they are doing great.  They have a little problem with inflation, but feel they can handle that for the next 12 -14 months.  The beauty of this is that if either one, the dong or the IQD,  RV's first then we can load up on the other.  I think this is a blessing in disguise for us.

1-3-2013  Intel Guru BOBGETZ6   Awaiting a call from my frozen friend. It has been difficult to get through to Iraq.   Also, there has been, and confirmed, a lot of armored car traffic around the banks. All of the signs are good and I await info from my frozen friend who hopefully will get a call soon.

1-3-2013  Newshound Guru Tlar   A $1.00 bill is an IOU from the US government just as 1 dinar is an IOU from Iraq.  The value of that note/IOU is determined by the exchange rate.  The less in circulation the less debt.  The economists that speaks in the article above does not understand economics especially in a case such as this.  Somebody at the CBI does and that's all that counts.  Remember Shabibi was doing the exact same thing in the auctions and in allowing the banks to sell USD.  I think this is a definite sign that Turki is speeding up the repatriation of dinars.  [post 2 of 2]

1-3-2013  Newshound Guru Kaperoni  Adding more banks, only means more money and more opportunity for corruption.  Short term, it be ok, but if they plan to do this extended, it will harm the economy.  If they introduce a new dinar or smaller denoms, they can reverse this trend and collect the dollars back into the CBI reserves.  it's not a simple collection, auctions go both ways to stablize the exchange rate/control inflation.  Therefore, I am sure they are putting dinar on the streets as well (more than likely 1000, 500, 250, 50).  [post 2 of 2]

1-3-2013  Newshound Guru Tlar   Article:  "Financial expert: dollar sales increase in the central bank auction will affect the hard currency reserves"  [one would think that with all these auctions they have had over the years that they would have sucked up most of the dinar by now how much more could there possibly be]  Not to be concerned.  For every dollar they sell today for 1189, they retire the equivalent dinar in todays exchange rate value.  Later if the rate goes 1 to 1 they will be buying back every dollar at one dinar.  [post 1 of 2....stay tuned]

1-3-2013  Newshound Guru Kaperoni   Article:  "Financial expert: dollar sales increase in the central bank auction will affect the hard currency reserves"  [one would think that with all these auctions they have had over the years that they would have sucked up most of the dinar by now, how much more could there possibly be]    auction dollars are the CBI's reserves.  Too big of currency auctions and you are cutting into your overall reserves.  I think there was an article this past spring when the CBI was collecting dinar (17 trillion over 3 months) they said if this continued, it would damage the reserves.   [post 1 of 2....stay tuned]

1-3-2013  Newshound/Intel Guru Flashing   everything is excellent for the rv anytime now. in the worst case we are just waiting for the signature of Kuwait on the 9 agreements. So i am very happy.  this morning i received a call that it will be a three kings day gift...3 kings day is jan 6...but again it is just rumors.  the real facts which are not rumors indicate that we are hours, days, but not months away from our blessing.

1-3-2013  Intel Guru TerryK   No indications from the IMF that they are going to extend the standby agreement, by now Iraq would have had to put in a letter of intent to the IMF asking to extend it, there has been nothing of the sort as of now, on February 23 Iraq will have to start paying for their debt.  The ISX is supposed to be visible to all of us on the 7th of this month.  I did get word today that we could see the rv as soon as thursday or Friday of this week...could take 24-48 hours once we see it on forex.

1-3-2013  Newshound/Intel Guru Bluedog   As far as Kuwait, I told you the meeting has taken place IMO and all had been done.  Moon was in Baghdad.  Moon was more interested in Chapter 7. Look for little signals here and there; when I look at articles, i don't take the full article as gospel  I try to pick out what's gone wrong...when it comes down to the rv of the IQD, don't follow every article, don't believe every article...goes back to "who's in charge", who has their hands on chapter 7, who has Iraqi's gold.  [post 2 of 2]

1-3-2013  Newshound/Intel Guru Bluedog   Maliki is doing everything he can  in the last days because he knows he can't hide...he knows when they revalue they are coming after him.  Iraqi people have come to a point where they have been promised the riches of Iraq and they are not getting it.  Maliki will go on trial for the things he has done to the Iraqi people.  [post 1 of 2....stay tuned]

1-3-2013  Newshound Guru Med    IT APPEARS THAT MALIKI HAS GIVEN UP BY HIM CALLING FOR NEW ELECTIONS.  HERE IS THE ONE PROBLEM, ALL IN PARLIAMENT MUST RESIGN AND THEN VOTE TO DISSOLVE.  THAT WILL MEAN THAT AT ONE POINT MALIKI WILL BE THE ONLY ONE IN POWER.   DO YOU SEE HOW DANGEROUS THAT IS?  [total control...bad for Everyone]   YES...SURE IS.  [do you think the demonstrations will carry on?]  YES...THEY WILL.

1-3-2013  Intel Guru Delta   I do not think the revaluation is in Iraq's hands.  I think it is in the hands of the U.S.  The oval office of the U.S. is in charge of the revaluation, not Maliki or Shabibi.  The U.S. came up with the plan and they are going to finish it...it is timing.   On January 7th or 8th, they will open the books for 2013.  A strange action by the CBI...all the banks are now allowed to sell dollars.  The CBI has made tons of money through the auctions.  Now they are giving away the business that they are making money out of.  How can they do that?  This gives you an indication that they are going to raise the value of the dinar.  The rate has to come out before the budget and then the budget will be approved, or around the same time.

1-3-2013  Intel Guru Frank26   Iraqi citizens have been patient for all of 2012.  But, if they don't release the budget and if they don't have a rate in it, watch the Iraqi citizens say enough is enough and watch Maliki do what he usually does...becomes a coward.

1-3-2013  Intel Guru TerryK   FIRST OF ALL, THE DONG IS GOING WITH THE DINAR.  ITS ONE OF THE PRIMARY 11 CURRENCIES IN THE BASKET.  SECOND, THERE ARE 194 COUNTRIES THAT ARE INVOLVED IN THIS ECONOMIC RESET THATS ABOUT TO TAKE PLACE.  OK, HERE IS WHAT I GOT AND ITS HOT.  TONIGHT IS RED HOT.  RED HOT.  HAVE ANOTHER CALL COMING IN SOON TO GIVE ME MORE DETAILS. TREAT AS RUMOR OF COURSE.

1-3-2013  Intel Guru Okie_Oil_Man   THEIR IS STILL A GAG ORDER STILL IN PLACE AND I AM DUTY BOUND TO HONOR THIS REQUEST. THE MANY FACTOR'S NOW INFLUENCING THE C/E IS NEARLY UN-BELIEVABLE. I WOULD THINK THE ACTIVITY PRESENTLY OCCURRING CAN BE NOTHING BUT POSITIVE FOR US. I WISH I NEW THE DATE/RATE BUT I AM STILL NOT PRIVIED TO THE EXACT TIMING BUT THINK IT CAN'T BE FAR AWAY.  EVEN THO YOU ARE NOT PRIVIED TO WHAT I HAVE RECEIVED TODAY IN THE COMMUNICATION FURNISHED ME--PLEASE PRAY THAT IT IS CORRECT AND ACCURATE FOR A CHANGE.   I NEVER POST UNLESS I FEEL LIKE SOMETHING INEVITABLE IS ABOUT TO OCCUR.  [post 3 of 3]

1-3-2013  Intel Guru Okie_Oil_Man   NEW'S IN TODAY IS THAT THEIR HAS BEEN A BEE HIVE OF ACTIVITY REGARDING PROGRAM'S AND THE POTENTIAL C/E. THIS IS ANOTHER EXAMPLE LEADING US TO LET TIME PROVE OR DISPROVE INTEL. I HAVE RECEIVED VERY POSITIVE NEW'S FROM THOSE IN AUTHORITY THAT I CONSIDER BEING AS VALID AS HUMANLY POSSIBLE. WHILE NO ONE HAS BEEN COMPLETELY CORRECT UP UNTIL NOW--I WOULD HOPE AND PRAY THIS TIME THE INFORMATION IS VALID AND CORRECT.  [post 2 of 3....stay tuned]

1-3-2013  Intel Guru Okie_Oil_Man   GOOD EVENING AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIEND'S. WELL---THE GREEN CHRISTMAS I WAS TOLD TO HAPPEN EVIDENTIALY NEVER OCCURED. (ANOTHER PRIME EXAMPLE OF INTEL BEING CHANGED AT THE LAST MINUTE). AT THE TIME WE NEVER ASSOCIATED THE FISCAL CLIFF OR ANYTHING ELSE HAVING AN INFLUENCE ON THE C/E [CURRENCY EXCHANGE] BUT NOW IT APPEAR'S THAT THEIR WAS AN ASSOCIATION AND A DIRECT RELATIONSHIP BETWEEN THE TWO AND OTHER INTERVENING FACTOR'S.  [post 1 of 3....stay tuned]

1-3-2013  Intel Guru Delta   [Question for Delta. Do you think that we will see the Budget and Rate before the 15th?]  IMO, YES.

1-3-2013  Newshound Guru SWFloridaGuy   The Netdania and Yahoo Finance type sites are not FOREX brokers/marketmakers. They are just free web based charting tools and the numbers they use are a poor proxy for volume. The frequent anomalies often coincide with trading session openings (US, London, Asia), and the spikes are directly related to the volatility of the USD.  Netdania is a hybrid feed of data and the spikes also could represent an arbitrary spread depending on where their source data comes from. The IQD is not currently being traded and always reverts back to the actual value. [post 2 of 2]

1-3-2013  Newshound Guru SWFloridaGuy   If someone wants to determine the IQD rate in correlation to another form of currency, they can go about this procedure in a variety of ways. Upon completing the entry procedure the results of the IQD exchange rate (with regard to the respective currency) will show the fluctuations, but the Iraqi Dinar is not currently traded on the FOREX Market.  [post 1 of 2....stay tuned]

1-3-2012  Intel/Newshound Guru Poppy3  Things have changed as far as the Vietnam Dong goes.  Two sources reported that China has backed off of pushing the RV.  I don't know the details. They anticipate and the Minister of Finance said they possibly will do a small adjustment of their currency if/when the dinar RV's.  But, their actual RV or largest movement of their currency will not take place for 12 - 14 months post RV of the dinar.  The reason for that is that they are rated the 5th fastest growing economy in the world, they are doing great.  They have a little problem with inflation, but feel they can handle that for the next 12 -14 months.  The beauty of this is that if either one, the dong or the IQD,  RV's first then we can load up on the other.  I think this is a blessing in disguise for us.

1-3-2013  Intel Guru BOBGETZ6   Awaiting a call from my frozen friend. It has been difficult to get through to Iraq.   Also, there has been, and confirmed, a lot of armored car traffic around the banks. All of the signs are good and I await info from my frozen friend who hopefully will get a call soon.

1-3-2013  Newshound Guru Tlar   A $1.00 bill is an IOU from the US government just as 1 dinar is an IOU from Iraq.  The value of that note/IOU is determined by the exchange rate.  The less in circulation the less debt.  The economists that speaks in the article above does not understand economics especially in a case such as this.  Somebody at the CBI does and that's all that counts.  Remember Shabibi was doing the exact same thing in the auctions and in allowing the banks to sell USD.  I think this is a definite sign that Turki is speeding up the repatriation of dinars.  [post 2 of 2]

1-3-2013  Newshound Guru Kaperoni  Adding more banks, only means more money and more opportunity for corruption.  Short term, it be ok, but if they plan to do this extended, it will harm the economy.  If they introduce a new dinar or smaller denoms, they can reverse this trend and collect the dollars back into the CBI reserves.  it's not a simple collection, auctions go both ways to stablize the exchange rate/control inflation.  Therefore, I am sure they are putting dinar on the streets as well (more than likely 1000, 500, 250, 50).  [post 2 of 2]

1-3-2013  Newshound Guru Tlar   Article:  "Financial expert: dollar sales increase in the central bank auction will affect the hard currency reserves"  [one would think that with all these auctions they have had over the years that they would have sucked up most of the dinar by now how much more could there possibly be]  Not to be concerned.  For every dollar they sell today for 1189, they retire the equivalent dinar in todays exchange rate value.  Later if the rate goes 1 to 1 they will be buying back every dollar at one dinar.  [post 1 of 2....stay tuned]

1-3-2013  Newshound Guru Kaperoni   Article:  "Financial expert: dollar sales increase in the central bank auction will affect the hard currency reserves"  [one would think that with all these auctions they have had over the years that they would have sucked up most of the dinar by now, how much more could there possibly be]    auction dollars are the CBI's reserves.  Too big of currency auctions and you are cutting into your overall reserves.  I think there was an article this past spring when the CBI was collecting dinar (17 trillion over 3 months) they said if this continued, it would damage the reserves.   [post 1 of 2....stay tuned]

1-3-2013  Newshound/Intel Guru Flashing   everything is excellent for the rv anytime now. in the worst case we are just waiting for the signature of Kuwait on the 9 agreements. So i am very happy.  this morning i received a call that it will be a three kings day gift...3 kings day is jan 6...but again it is just rumors.  the real facts which are not rumors indicate that we are hours, days, but not months away from our blessing.

1-3-2013  Intel Guru TerryK   No indications from the IMF that they are going to extend the standby agreement, by now Iraq would have had to put in a letter of intent to the IMF asking to extend it, there has been nothing of the sort as of now, on February 23 Iraq will have to start paying for their debt.  The ISX is supposed to be visible to all of us on the 7th of this month.  I did get word today that we could see the rv as soon as thursday or Friday of this week...could take 24-48 hours once we see it on forex.

1-3-2013  Newshound/Intel Guru Bluedog   As far as Kuwait, I told you the meeting has taken place IMO and all had been done.  Moon was in Baghdad.  Moon was more interested in Chapter 7. Look for little signals here and there; when I look at articles, i don't take the full article as gospel  I try to pick out what's gone wrong...when it comes down to the rv of the IQD, don't follow every article, don't believe every article...goes back to "who's in charge", who has their hands on chapter 7, who has Iraqi's gold.  [post 2 of 2]

1-3-2013  Newshound/Intel Guru Bluedog   Maliki is doing everything he can  in the last days because he knows he can't hide...he knows when they revalue they are coming after him.  Iraqi people have come to a point where they have been promised the riches of Iraq and they are not getting it.  Maliki will go on trial for the things he has done to the Iraqi people.  [post 1 of 2....stay tuned]

1-3-2013  Newshound Guru Med    IT APPEARS THAT MALIKI HAS GIVEN UP BY HIM CALLING FOR NEW ELECTIONS.  HERE IS THE ONE PROBLEM, ALL IN PARLIAMENT MUST RESIGN AND THEN VOTE TO DISSOLVE.  THAT WILL MEAN THAT AT ONE POINT MALIKI WILL BE THE ONLY ONE IN POWER.   DO YOU SEE HOW DANGEROUS THAT IS?  [total control...bad for Everyone]   YES...SURE IS.  [do you think the demonstrations will carry on?]  YES...THEY WILL.

1-3-2013  Intel Guru Delta   I do not think the revaluation is in Iraq's hands.  I think it is in the hands of the U.S.  The oval office of the U.S. is in charge of the revaluation, not Maliki or Shabibi.  The U.S. came up with the plan and they are going to finish it...it is timing.   On January 7th or 8th, they will open the books for 2013.  A strange action by the CBI...all the banks are now allowed to sell dollars.  The CBI has made tons of money through the auctions.  Now they are giving away the business that they are making money out of.  How can they do that?  This gives you an indication that they are going to raise the value of the dinar.  The rate has to come out before the budget and then the budget will be approved, or around the same time.

1-3-2013  Intel Guru Frank26   Iraqi citizens have been patient for all of 2012.  But, if they don't release the budget and if they don't have a rate in it, watch the Iraqi citizens say enough is enough and watch Maliki do what he usually does...becomes a coward.


Read more: http://www.dinarguru.com/index.html#ixzz2H8Sb8fk3

 

 

1-2-2012   Newshound Guru  Kaperoni   Article - "Central Bank calls for banks to get the right to sell the U.S. dollar"  Shabs set up a few banks for dinar exchange.  This article is pertaining to the current currency (dollar) auctions.  Usually there are like 10-16 banks participating.  In this case, it seems the CBI wants to now open the auctions to all banks in Iraq.  Which IMO would not only make it convenient for people to trade dinar for dollars, but...dollarize the entire economy.

1-2-2012  Intel Guru Winalot    Article:  "Emir of Kuwait order to resolve all outstanding issues with Iraq...the Deputy Prime Minister and Foreign Minister of Kuwait, said during a recent committee meeting, the Emir of Kuwait, gave directives to resolve all outstanding issues between Kuwait and Iraq"   huge news!

1-2-2013  Newshound/Intel Guru Flashing   The Emir of Kuwait, gave his directives to resolve all outstanding issues between Kuwait and Iraq, This means they will be out of ch 7 very very soon. imo anytime during this month. which means rv is upon us. Whoohoo, whoohoo. They began the borders markers. We are there, whoohoo. We are in an any second now situation!  [post 2 of 2]

1-2-2013  Newshound/Intel Guru Flashing  [new guru]  We are in an any second now alert. Not because of my opinion or the opinion of my sources just because the facts are telling us we are there. As I said before this time is totally different. Forget your past experiences on this ride because we are in a totally different situation right now.  [post 1 of 2....stay tuned]

1-2-2013  Intel Guru BWM    there have been some other questionable comments made in regard to the revalue of dinar in regards to the CBI...one of the big things you need to understand that someone seemed to miss on is while the CBI has made money in the past off of auctions, those auctions will end once the currency again has value.  I don't agree in Iraq's hands...too many "put offs" that just seem way to easily resolved...for instance, we're gonna vote on the budget this date, no that date, no wait, we'll do it in another week.  I know who put M in place...and I have a pretty good idea when he will be gone...but until other things (not in iraq) are resolved you won't see those plugs pulled.

1-2-2013  Newshound Guru Adam Montana   Politics seem pretty stable. Maliki is in good standing with the UN and also the US (for what that's worth), and the news other than that is a bit quiet...what does this tell us? Not a darn thing!  : )   There is no bad news right now, but there has been no RV announcement.  I hope you all had a safe and happy New Year... and let's GO R-V in the 2-0-1-3!!!

1-2-2013  Newshound/Intel Guru Bluedog   so many thing jelling for this investment, you all should be happy... Iraqs Budget has been read all 3 times.  [HAS THAT BEEN POSTED IN THE GAZETTE YET?]   no, but articles said all readings completed...it will be signed and opened in the next week and half or sooner.  [erbil done now?]  as needed all is done in files ready to be pulled out.  [AND HCL]   yep.   the Premier of Kuwait already had their meeting with Iraq...so all is go for Chp7...ch7 is all done but it a waits the currency Rate thats in the Budget...articles has said all reading have been done waiting to open the 2013 Budget real soon...that BUDGET will be 1st priority.  Do not even worry about protest or Maliki cause it has nothing to do with your RV or it will not delay it.

1-2-2013  Intel Guru Winalot   CBI Article:  "C 2012 auction No. 74/12 / approved the Central Bank of Iraq on 18 Central Bank transfers for (91) Ninety-one days of $ (200) billion Iraqi dinars (two hundred billion Iraqi dinars) have been sold (90) billion dinars (ninety Billion Iraqi dinars) issue of the amount as the price discount (5.30%) and the number of Participating banks (4) banks (four banks) won Basdaria. 2012/12 / Baghdad 30"   there is the translation...they sold 200 billion dinar! not dollar!  why would they be selling dinar to the banks???   looks like they are stocking the banks to trade dinar for dollar... i think it is excellent news... especially since they hid it!  it is only on the arabic side...under announcements...not on the auction page.

1-2-2013 Intel Guru TerryK   GOT SOME NEWS TODAY WHY THIS HAS NOT GONE DOWN AND IT DEALS WITH BOTH CHINA AND THE US SPOSE TO BE RESOLVED ABOUT 4 PM THE 3RD.  I DONT KNOW IF THAT HAS A TIME STAMP FOR THE RV OR NOT.  SO IM HEARING THAT ALOT OF THINGS ARE IN THE WORKS BY COB [CLOSE OF BUSINESS] EST THE 3RD...SO TAKE THAT AS RUMOR.  BUT, I WANTED YOU TO KNOW THAT THIS IS STILL ALIVE, VERY MUCH ALIVE FOR THIS WEEK.   I HAVE STONG RUMORS AND IT HAS JUST BEEN TOLD ME A 2ND TIME THAT WHEN FOREX OPENS AGAIN LIKE TOMORROW WE MAY SEE SOME CHANGE.

1-1-2013  Intel Guru Bluwolf   Well within a few hours a deal will be reach ( taxes on the rich etc. ) from this point on once signed the U.S. will prosper and your blessings shall not have any restrictions on this international releases to be coming forth...now is our time.

1-1-2013  Intel Guru SteveI    Thank you for sharing, and yes this is spot on.  OCRUSH, thank you for taking the time to share with us what is going on behind the scenes.  Outstanding job and awesome facts.  All I can say is a big WOW.   I was hoping that the GOI would have had the budget in place by now, but a few more days is OK with us if that is what it takes to do it right.  We are being told that so much is being done and it is now "crunch time" to finalize things before the country and its citizens get out of control.  We are being told that Maliki is starting to get the hint and is working hard to keep civil unrest to a minimum and resolve the outstanding issues. We all just need to wait it out a bit longer and let it show up on our door step.  We will try very hard to give you all a detailed update very soon. [post 3 of 3]

1-1-2013  Intel Guru SteveI  The new policies will start after January 8 (give or take). You see the house needs to approve these changes and all they are doing now is positioning themselves to get it started with no hiccups! This is a new era and it has started. There will be new procedures and policies taking place....we are witnessing history in the making. There is no doubt the new budget has the new rate and they are preparing to wow us!!"   [post 2 of 3....stay tuned]

1-1-2013  Intel Guru SteveI   JUST RECEIVED THIS FROM OCRUSH :  "We are almost there! The 2012 accounts have been closed. The banks are positioning themselves for the new budget. The ratification of the 2013 budget is on its way with the finance ministry. This is great because they will allocate the 2013 budget to the provinces with transparency. The cbi gave orders to the private banking sector to sell hard currency at the current rate for one week even though the 2012 budget has been closed.  They needed to still have the auctions because its not a good idea to stop them.  [post 1 of 3....stay tuned]

1-1-2013  Intel Guru Bluwolf   Well the world did not end as some thought it would. We are still here and our blessing still has not come into play. But we are just a step away from receiving for we and the rest of the world only await for the U.S. to get there economic issues taken care of. My guess in a couple more dias [days] they should sign a deal and all releases will occur. But for now a Happy New Year to all.

1-1-2013  Newshound Guru Mailman17  REMEMBER...ALL IS NOT WHAT IT APPEARS SOMETIMES THEY JUST MAY BE FURTHER ALONG THAN WE THOUGHT. THE THING TO REMEMBER IS THIS...IRAQ WAS ALWAYS....SET UP TO SUCCEED.  THE PEOPLE OF IRAQ HAVE WAITED A LONG TIME FOR THIS...WAY LONGER THAN ANY DINAR HOLDER...THEIR TIME IS COMING.   [post 3 of 3]

1-1-2013  Newshound Guru Mailman17  THE THING TO ALSO REMEMBER IS IRAQS FINANCIALS...THE SUDDEN GOLD INCREASE...AND QUITE POSSIBLY A MINOR SNAFU ON THE REMAINING DEBT THEY JUST MAY GET OUT OF THAT  MAYBE THAT AND INCREASED OIL PRODUCTION, FROZEN ASSETS AND A NUMBER OF OTHER TRADEABLE COMMODITIES AND WE CAN SEE WHY THE WTO AND THE IMF ARE PLEASED.    [post 2 of 3....stay tuned]

1-1-2013  Newshound Guru Mailman17   ANYONE ELSE THINK THAT MAYBE...JUST MAYBE...MALIKI HAS BEEN SET UP AS THE FALL GUY IN THIS ON PURPOSE...BEING ALLOWED TO RUN THE GAMBIT AT HIS OWN ACCORD AND LEISURE?  THIS GOES BACK TO ME THINKING AWHILE BACK THAT THEY MUST MAKE THIS LOOK LIKE AN IRAQI THING ALL THE WAY WITH NO INFLUENCE WHATSOEVER FROM OUTSIDE ENTITIES.  THE THING TO LOOK AT IS THIS EVEN THOUGH THE POLITICAL PROCESS HAS BEEN A NIGHTMARE THE CBI HAS DONE WHAT NEEDED TO BE DONE.  [post 1 of 3....stay tuned]

1-1-2013   Newshound Guru Doc   Doesn't the budget have the RV rate built into it?  Again this is another false story being circulated around the internet.  You have to remember Iraq gets its revenue from oil and oil is traded in USD not dinar.  Iraq has a steady flow of USD from its oil.  The budget simply takes the USD from oil sales and converts to dinar at the current program rate.  Iraq is not going to reveal rate changes in its budget prior to a RV.  [post 2 of 2]  [the remainder of Doc's questions & answers will be sent out to Dinar Guru members...sign up above in the blue box if you're not already a member...you won't want to miss out]

1-1-2013   Newshound Guru Doc   We will end/start the year by answering several recent questions:  Speaking of Cash-in stories what about Reno?  Again these have proven time and time again as unfounded.  When the CBI sets the rate it will go live in milliseconds around the globe.  There are no special bank screens that show it to a select few.  None of this is true and has been verified by banking officials.  [post 1 of 2....stay tuned]

1-1-2013  Newshound Guru SWFloridaGuy    The "Returning to former glory" statement from Shabibi (while a very positive one), is frequently misquoted.  "4-7-2008 Shabibi - We aspire in the near future to the return of Iraqi dinar to what it was in the seventies and the beginning eighties against the dollar and other foreign currencies and we are endeavoring and serious in this regard, but added that this process is not easy and simple and depends on the supply and demand of Iraqi dinars."    [post 3 of 3]

1-1-2013  Newshound Guru SWFloridaGuy    At the Arab banking conference in 2008 (held in Cairo), Shabibi did say that he wanted to return to their currency to levels that closer resembled what they were in the 70s and 80s. He never used the word revalue for obvious reasons, nor did he even hint at by which mechanisms the NID could regain the previously held levels of their former currency. Whether that be by revalue, floating orbit of exchange, straight redenomination, change in peg, letting the market drive it up etc., is of course 100% classified.   [post 2 of 3....stay tuned]

1-1-2013  Newshound Guru SWFloridaGuy    Shabibi has repeatedly stated over the years there will be no LOP, for whatever his word is worth.  Shabibi has never once said that the IQD would revalue to become the strongest currency in the Middle East and remain at levels above Kuwait's. In fact he's never said they would "Revalue" at all.  [post 1 of 3....stay tuned]

12-31-2012  Newshound Guru Mailman17  THE PWTB HAD TO LET THIS PLAY OUT BUT I AM SURE THEY ALSO KNEW MALIKI WOULD EVENTUALLY HANG HIMSELF...IT WAS ONLY A MATTER OF TIME.  THIS JUST MAY PUT A HAMPER ON MY JAN 1 PREDICTION ESPECIALLY SEEING AS THE BUDGET HAS NOT YET BEEN DONE AND RATIFIED BUT I DON'T THINK I AM THAT TOO WAY OFF THE TIMELINE, JAN NOT MAR, IMO.  THE NEWS IS OUTSTANDING, JUST A LITTLE WHILE LONGER.   [post 2 of 2]

12-31-2012  Newshound Guru Mailman17   THE DINAR WAS BUILT TO SUCCEED JUST TAKING A BIT LONGER THAN PLANNED.   MALIKI ON THE OTHER HAND,  I REALLY DON'T SEE HIM BEING IN POWER MUCH LONGER. THE PEOPLE OF IRAQ HAD HAD ENOUGH AND THEY NOW KNOW THERE IS POWER IN NUMBERS AND THEIR VOICE WILL FINALLY BE HEARD.   [post 1 of 2....stay tuned]

12-31-2012  Intel Guru TerryK   i know of a group that placed a 1,000,000 usd for dinar order yesterday that's over 1 billion in dinar, so what does that tell u.   these investment guys must know something.   i guess  treat that as rumor as always but hearing gotta happen before the 1st.  [post 2 of 2]

12-31-2012  Intel Guru TerryK    i don't think i will be back in houston.  getting word that the dinar is active in europe right now at .30 being traded - have gotten 2 calls about this tonight - i dont have any legs on this other than calls coming in...so we sit here an wait  for the word again. [does that mean we have a float coming in so low?  .30 sounds like it might be speculators]   if it does come out low...speculators will eat it up driving the value thru the roof...this will go thru the roof within 24 hours.  I THINK THIS IS PRIVATE INVESTORS SUCKING IT UP.  still hearing it's at .478  just not on forex.  [post 1 of 2....stay tuned]
 

12-30-2012  Newshound Guru Kaperoni   Question: [do you think there is any possibility that the US has a say in this?  That they would try to delay this until the increase in the capital gains tax is implemented?]    Well I will say this, I know the US govt wanted to push this forward last summer because there were two articles that came out.  One from the US embassy, that a high level person from the US embassy wanted the CBI to move forward with changing the value of the currency and introducing the new notes.  That was last summer so to say they would be against it or not wanting it is wrong.  And secondly in April, when the SIGR, which is an independent organization that was put together to monitor Iraq, released a report to the US Congress that Iraq was about to change the value of their currency and there was nobody at that point who was saying anything either.  The only person at that point who said anything was Maliki, he said, “no, I don’t want to do this.”

12-30-2012  Newshound/Intel Guru BGG   Article:  "Postpone the visit of the Iraqi delegation to Kurdistan."   This is a significant meeting to have postponed...there is significant pressure being applied TO Baghdad.  It will be curious as to the outcome of these pressures. This meeting being postponed isn’t directly a bad sign. However, I suspect it is somehow intertwined. There have been numerous meetings between the various parties and the US over the last few weeks (very little of which is being made public) and I’m suspicious this “delayed solution” may be part of our outcome.

12-30-2012  Intel Guru BOBGETZ6   Per my frozen friend...There was a big meeting in Iraq today with a lot of key people. There was a lot of hugging, smiling and back slapping. It all appears to be good. I have nothing more. It appears to be very encouraging.

12-30-2012  Newshound Guru SWFloridaGuy   None of this points to a definitive or required, new IQD rate. In fact, they don't have to meet their budget at all and have survived for years with the IQD at a tenth of a cent. If necessary, Parliament could always adopt a supplementary budget. The RV rate is not going to be advertised liked that and no matter how hard we look for it we're not going to find it in plain site in budget numbers. I am always surprised to see people scoff at a 100,000% revaluation as a "small RV." Makes no sense to me. I will be happy with any new rate that moves in a positive direction.  [post 2 of 2]

12-30-2012  Newshound Guru SWFloridaGuy   I believe a RV is coming but not due to numbers referenced in their budget. Iraq does not need to RV to open the budget as some claim. Budget increases are partially due to Increased oil revenues that have allowed Iraq to add around $9 billion to its 2012 budget.   Iraq has earned $45.3 billion from oil sales and the 2012 oil revenues are expected to exceed last year's which were $82.9 billion.  [post 1 of 2....stay tuned]

12-30-2012  Newshound Guru Kaperoni  I’m not going to say we’re going to have a 1-1 in January but I certainly believe that they need to start this thing pretty quick.  And that being said, if it does go into a float, I wouldn’t be too disappointed because as Steve [Guru Enorrste?] has stated...he thinks it will go up fairly quick.  Even if it started January 1st in a free float it could in three months be at 1-1.   [post 3 of 3....stay tuned]

12-30-2012  Newshound Guru Kaperoni  Now whether they end up going that route or RVing it to 1-1, we just won’t know until it happens.  But we’re pretty confident they are going to float it but when it happens is anyones guess.  It appears to me that something has to happen, has to begin, fairly soon.  When I say fairly soon, it could be a week, 3 weeks, a month, 1 ½ months.  With the Feb 23rd deadline for the IMF Standby Agreement, with some of the events that we read in the articles...it appears to me that they want to open up the market to bring investment in and that means getting their currency on an international level.  And remember the Iraqi stock exchange is supposed to be going international starting in January as well.   [post 2 of 3....stay tuned]

12-30-2012  Newshound Guru Kaperoni   I don’t think its going to be an RV,  I think its going to be a float.  I think we may see it start on the 1st.  But it seems unlikely,  Parliament is now out until the 8th of January.  there were literally hundreds of articles last spring about 1-1.  There were articles from the CBI...from the US Govt...from parliament, that all talk about a 1 to 1.   Even economists have come out and said they want to make the dinar equal to the US dollar.  In that sense, there is a lot of support for a 1-1 exchange rate right out of the shoot...this was what was going to happen until the end of this summer when we started to get the indication that they were going to free float the currency.  The support is now there for this.  [post 1 of 3....stay tuned]

12-30-2012  Newshound/Intel BGG  I honestly think there is some BIG PRESSURE being applied right now...and we have just a few days to see what the results are going to be.  [still thinking 3+]  who knows? Could be higher??

12-30-2-2012  Intel Guru TerryK   now you may hear this tomorrow night [Sunday] but not see it until the forex updates.  the forex opens at 5 pm est but will not update where we can see it until 7:15 or so if it updates on forex, it may NOT... hearing alot of weird crap today about markets not showing rates,  rates bouncing on screens and what im telling you is really on the qt.  this all has to happen before the 1st  there is a $ reason for this or the cost of this not happening will cost the usa billions. [post 2 of 2]

12-30-2-2012  Intel Guru TerryK   ok what i got for news today, it will be short and sweet.  rates are in the mid 3 dollar range, as high as 3.86,  then rise the days to follow as the market will push it up.   the dong will do the same and peak no more than 2.22 over a time span.  it will start at .48.   this is right now scheduled for tomorrow [Sunday] night late when the china market opens.  i have been told to be silent but this is going into the third week. [post 1 of 2....stay tuned]

12-30-2012  Intel Guru Winalot    Article:   "The conference of the National Sovereignty and Reconciliation started in Baghdad on Friday in presence of the Premier, Nouri al-Maliki and a number of parliamentary and governmental figures."  sounds like another name for a national conference to me...strikes me as odd that they are having a conference .. un announced.. for "reconsiliation".

12-29-2012  Intel Guru TerryK    [have you heard any rumors about Iraq using new money on the streets yet?]   I HAVE HEARD THAT, CAN NOT CONFIRM.  ANYWAY,  I WOULD KEEP MY EYES REALLY OPEN AND FOCUSED FOR TONIGHT THRU SUNDAY...AND YES I BROUGHT ALL MY CRAP HOME FROM TEXAS...WHATS DOES THAT MEAN.  [See TerryK's post from 12-19-12  in the Dinar Guru archives]

12-29-2012  Newshound Guru Tlar   I do not believe he is apologizing nor do I believe that he is saying he is trying to work the problems out with the other blocks.  Quite simply he is stating, "the Prime Minister and I take responsibility for and ready for everything,"  He is ready to take 100% control of Iraq.  [post 3 of 3]

12-29-2012  Newshound Guru Tlar   He is trying to appeal to the demonstrators like he is the only one who cares about Iraq as a country.  He goes on to say:  "Maliki said that "today total aims responsibility to the Prime Minister and I take responsibility for and ready for everything," Maliki asked "Why do not ministers responsible ministries divided between all the components".  A loose translation of this is, "I am willing and ready to take responsibility for everything, to be the sole leader.   I believe this is a forward looking statement which means I am ready to be in charge of everything.  [post 2 of 2....stay tuned]

12-29-2012  Newshound Guru Tlar   Article quote:  "expressed by Prime Minister Nuri al-Maliki, on Friday, his willingness to take responsibility towards the Iraqi people"    I see this as a veiled attempt to push blame for the problems on all the other parties.  In the article, Maliki is saying: "everything is disabled in this country against the backdrop of political rivalries," noting that "the projects and decisions, laws and budgets code because of insults and political rivalries.", therefore shoving the blame off of him to the "bad" guys from the other blocks...  [post 1 of 3....stay tuned]

12-29-2012  Newshound Guru Med   WASHINGTON LOOKING FOR ALTERNATIVE TO MALIKI...IT SEEMS THAT THINGS ARE MOVING FAST AND FURIOUS.  SO, IT WAS A U.S. OFFICIAL THAT FOUGHT TO KEEP MALIKI IN OFFICE WITH THE OBAMA ADMINISTRATION.  [unbelievable]  I KNOW. [with maliki being ousted how do u think things shape up in your opinon?]  FIRST OFF HE ISNT OUSTED, WE ALL KNOW THAT WHAT HAPPENS IN IRAQ IN THE MORNING CAN TOTALLY TURN AROUND BY THE AFTERNOON.  WE....THE U.S. ARE LOOKING FOR AN ALLY IN IRAQ.  I AM NOT DOWN JUST REALISTIC ON THE PROCESS.  IF MALIKI FALLS DOES SHABIBI RETURN, I THINK HE DOES FOR ONE REASON HE HAS BEEN WATCHING EVERYTHING GOING ON WITH CBI.   I THINK HE WILL WANT TO FINISH WHAT HE STARTED.

12-28-2012  Newshound Guru Kaperoni   Article:  "Secretariat of the Council of Ministers to constitute a committee to audit and review the sale currency"    [Is this possibly an attempt to have Shabibi reinstated?]  unlikely Shabibi would ever come back.  He is removed from the CBI site and Maliki clearly does not want him at the CBI.  So unless Maliki goes, there is no Shabibi.

12-29-2012  get caught up on last nights updates below...looks like there is public uproar in the streets of Iraq.

12-28-2012  Intel Guru TerryK   erbal is already signed,  its all done.   i have this from a high source in iraq thru one of my big shot sources here in usa ...my source tells me much  much i can not share with...anyone.  [dinar & vnd still in the same basket??]   yes.  [so we not going over the cliff?]  its a cover for the global reset.  its all set, what im hearing any moment thats why he [Obama?] has been spending as much as he can because he knows it will all go to zero here shortly.  [do u know if there is a legit possibility of a 48 hr. window at a higher rate, then drops?]   i have heard that but its 72 hours.

12-28-2012  Newshound Guru Kaperoni   Article:  "Washington looking for an alternative to Maliki and Talabani Thaer to the President of the Republic"  The best part about this article is that we now have confirmation that every event or stunt Maliki has pulled has finally set in with the Washington decision makers.  No more wondering if they figured it out or not.  They are fully aware.  So we watch and see what they will do next.

12-28-2012  Newshound Guru Med   THERE ARE SOME SERIOUS THINGS GOING ON IN IRAQ GANG.  BURNING THE IRANIAN FLAG IN RESPONSE TO ME THAT IS SHOWING MALIKI HE IS A TRAITOR OR A PUPPET OF IRAN.  SEE THE PROBLEM IS THIS AND IT IS A NO WIN FOR MALIKI, THE PEOPLE WILL OVERRUN THE COUNTRY.  IF MALIKI USES FORCE, HE LOSES, IF HE DOESNT IMMEDIATELY SIGN EVERYTHING, HE LOSES .   FINALLY, THIS IS WHAT WE WANTED OR NEEDED FOR US AND FOR THE IRAQI PEOPLE.

12-28-2012  Newshound/Intel Guru BGG    [BGG, wasnt there supposed to be some big announcement from the UNSC today [Thursday]?]   at one time it may have been a scheduled meeting (not "announcement") but that has been postponed (as I understand it)...until they get a handle on Maliki.  lots and lots of great news!!  articles all around pointing out the precarious situation Maliki is in.

12-28-2012  Newshound/Intel Guru Bluedog  [new guru]   GOI has been working over time for this short break.  A lot has been done and the rate to UN...IMF all in place for at least 3 weeks or so but we as peeps can't see it yet.  Rate has been being used behind the curtain...things have been moving behind the scene.  Remember told you last Sept that the HCL was done and filed for the perfect TIMING,  well they soon will blow the dust off of it, watch.   soon as Budget that is done and there are articles to prove it done, as soon as they announce it, then RV b4 chp7.  [post 2 of 2]

12-28-2012  Newshound/Intel Guru Bluedog   [new guru]  asia cell has given Iraq 30 days to get it done basically or out we go...Iraq needs them folks...need a new rate.  WF Bank trained and newly trained ready first of Jan 2013 to handle currency of Iraq and others, many trained.    Iraqi banks electronically ready for lift off for sometime.  Talabani in good shape.  Maliki not in good shape.  [post 1 of 2....stay tuned]

12-28-2012  Intel Guru Bluwolf   ON ANOTHER SUBJECT THERE HAVE BEEN TALKS ABOUT PUERTO RICAN BANKS BEING READY AND THERE HAVE BEEN ALSO SOME RATES AND TIME FRAMES OUT THERE AND THE ISSUERS OF THIS TOPIC STATE THAT IT IS ONLY RUMORS, BARE WITH ME NOW FOR IT IS NOT A RUMOR BUT A KNOWN FACT, THEY ARE MORE THAN READY.   [post 3 of 3]

12-28-2012  Intel Guru Bluwolf   AS SOON AS WE SEE THIS DEAL, FROM THEN ON AND ONLY THEN WILL THE INTERNATIONAL RELEASES OF ALL CURRENCIES  OCCUR. THE UNITED STATES WILL STRIKE A DEAL TODAY AND FROM THIS DAY FORTH THE RV WILL BE A REALITY FOR ALL, THE DEAD LINE IS IN THE MID OF JANUARY SO EXPECT A WONDERFUL AND PROSPEROUS  NEW YEAR.   [post 2 of 3....stay tuned]

12-28-2012  Intel Guru Bluwolf  AS THE END OF THE YEAR IS AROUND THE CORNER WE STILL DO NOT SEE THIS RV. THE CAUSE IS THAT THE GENTLEMEN FROM THE WHITE HOUSE (AND WASHINGTON) STILL HAVE NOT STRUCK A DEAL ON THE TAXES ON THE FILTHY RICH, THEY ARE TO MEET AT 3 PM EST TODAY TO SEE IF THEY CAN STRIKE A DEAL.   [post 1 of 3....stay tuned]

12-28-2012  Intel/Newshound Guru Poppy3  REVOLT AGAINST MALIKI BY THE U S GOVERNMENT, BY THE IMF, BY THE WTO, BY THE UNITED NATIONS, BY THE OTHER LEADERSHIP OF IRAQ, AND NOW BY THE PUBLIC OF IRAQ. THAT JUST ABOUT COVERS ALL THE BASES . I MADE THE STATEMENT YESTERDAY THAT IT APPEARS THE BALL IS BACK IN PLAY AND I NOW THINK THAT IS EXACTLY WHAT WE HAVE TO LOOK FORWARD TOO. THE TRIBE LEADERS ARE SAYING THEY WILL STAND STRONG AGAINST MALIKI AND ALL THE SENTIMATE SEEMS TO SAY THE PROCESS IS UNDERWAY AND PREPARATION ARE BEING MADE TO OUST HIM FROM THE P M POSITION. ONLY TIME WILL TELL.

12-28-2012  Newshound Guru SWFloridaGuy   For WTO accession they do have to have a convertible currency.   I pulled my information right out of their membership laws.  Accession could be right around the corner or a ways down the road, I've seen conflicting reports about this but what matters to us is they need to raise the exchange rate prior. So, the fact that they are even being considered is a great sign the CBI is getting ready to make their move.  That is also why we speculate that Iraq RVing their currency may be an obligatory stipulation where they are concerned. That part is my own opinion but them having a convertible currency comes straight from WTO membership requirements. [post 2 of 2]

12-28-2012  Newshound Guru SWFloridaGuy  It doesn't have to be a RV. It could be a RV/RI/RD/Float (which would take longer), change in peg etc. They could also use the USD as their primary currency but that's not their goal. We're hoping for and expecting a RV.   [post 1 of 2....stay tuned]

12-28-2012  Intel Guru Hammerman    I am under control from Homeland Security.  I am not able to talk about any RV news.  I will tell you...forget about the a regular RV until mid to late February. It can't happen, it won't happen until then.  I don't expect the dong to go until mid February either, but not sure on the dong.  There is only a 5% chance the VND goes before then.  I will tell you...the stock exchange in Iraq is starting to move.  Kuwait has been paid off & has agreed to let them out of Chapter 7.  Talabani did not have a stroke, he is fine, that was made up information.

12-28-2012  Intel Guru Footforward   It's never been a matter of "if", it's a matter of "when".  I know this is going to happen.  I'm not 100% sure it will be before the end of the year.  I never believed we would get into 2013.  Is there potential that this can still go this year?  Yes.  I believe that we are on the threshhold. My guys are saying that they are still looking to push this through as fast as possible, this can go at any moment, quickly.  I still expect the rate to be really good.  The rate needs to come in high, one dollar does not solve Iraq's problems.  12-27-2012  Intel Guru Blaino  THE FACT THAT WE SEE WHAT WE DO, IS CLEAR EVIDENCE THAT SOMETHING NEW AND DIFFERENT IS AFOOT IN THE GAME OF THE IQD, WE KNOW THEY DO NOT RUN "TESTS" OF THIS SORT.   LET'S NOT MAKE TOO MUCH OF THIS...NOT OVER REACT...LET'S MAKE SURE THIS IS SOMETHING AND NOT NOTHING!  WE "MAY" BE IN FAIRLY CLOSE PROXIMITY TO THE REVALUATION AND WE ARE KEEPING OUR READINESS AT OPTIMUM LEVEL.  [post 3 of 3....stay tuned]

12-27-2012  Intel Guru Blaino  THE FACT THAT WE SEE WHAT WE DO, IS CLEAR EVIDENCE THAT SOMETHING NEW AND DIFFERENT IS AFOOT IN THE GAME OF THE IQD, WE KNOW THEY DO NOT RUN "TESTS" OF THIS SORT.   LET'S NOT MAKE TOO MUCH OF THIS...NOT OVER REACT...LET'S MAKE SURE THIS IS SOMETHING AND NOT NOTHING!  WE "MAY" BE IN FAIRLY CLOSE PROXIMITY TO THE REVALUATION AND WE ARE KEEPING OUR READINESS AT OPTIMUM LEVEL.  [post 3 of 3....stay tuned]

12-27-2012  Intel Guru Blaino   THE RATE IS BELIEVABLE, THE TIMING IS RIGHT, THE DETAILS ARE BELIEVABLE...THE "NO HOLD" CONDITION HAS TO SURVIVE AND BE RELEASED TO THE PUBLIC.  IT WILL DOUBTLESS REQUIRE SOME MASTER RELEASE FOR ALL BANKS AND FOREIGN CURRENCY BOARDS, ETC...ONE BANK CANNOT RELEASE THE RV ALONE.  [post 2 of 3....stay tuned]

12-27-2012  Intel Guru Blaino   THERE IS NEWS...BUT I HESITATE...I'LL TELL YOU THIS MUCH...RATE DID LOCK IN ON THE FOREIGN CURRENCY DIVISION SCREENS...EXECUTIVE ACCESS ONLY...NO...REPEAT: NO "HOLD"...3+  & THIS MAY BE PENDING RELEASE TO THE PUBLIC, AND APPEARS TO BE AWAITING ONLY A CODE OF SOME KIND, TO RELEASE IT...NOT, REPEAT, NOT AVAILABLE YET!!! THIS IS NOT AN RV...YET.  [post 1 of 3....stay tuned]

12-27-2012  Newshound Guru Kaperoni    Article:  "Conscious / Pocket citizen Imitly torn currency ... The government is incapable of finding solutions"  Personally i think this is really good news.  It confirms what we said...that we were not aware that Iraq had implemented what they advertised would occur in November...the replacement of worn currency.  Clearly, that has not occurred.  As well, we see some great highlighted areas in reference to delete 3 zeros project...but it seems serious in the recent period through what we see on television or newspapers tell us. So we have to hope that something is in the pipe to occur very shortly.

12-27-2012   Newshound Guru Doc   Before you conclude we are "sour" on this investment, we are not.  The risk/reward profile for this still makes it attractive in our opinion.  It should continued to be viewed as a very high risk and if one chooses to invest should invest only what they can afford to lose.  With that said our opinion is this is currently in the "hold" category (versus buy or sell) and due to the past performance of Iraq to get things done it appears to be a longer term type investment.  We simply are of the opinion Maliki will need to be dealt with before this can move forward and that will take time.   We report, you decide.  [post 4 of 4]

12-27-2012   Newshound Guru Doc   We are further exasperated by Parliament adjourning until January 8 which means no currency reform until at least after that date.  We also believe Maliki does not want a strong currency  as we have written in the past.  All his actions as well as public statements seem to support this.  His goal is to have total control of Iraq.  He has attempted to arrest everyone who opposes him such as Shabibi and the finance minister.  Maliki continues to fight with the Kurds for control of the oil which without he is basically broke.  The good news here is that the international community apparently has had enough.  We have seen recent intervention by the USA, IMF, UNSC, etc.. as to what in the world Maliki is doing.  Hopefully the external pressure on Maliki will force him to play ball.  [post 3 of 4....stay tuned]

12-27-2012   Newshound Guru Doc   The question of the month is when will the fundamentals be in place?  The answer is we can only speculate. Yes Iraq is working WTO, chapter 7, seating ministers, HCl and the news continues favorable around these which we believe are the fundamentals needed for a stable currency.  Unfortunately these are all moving at a snails pace for our perspective.  We have now seen similar articles and internal reports about these issues for several years.  [post 2 of 4....stay tuned]

12-27-2012   Newshound Guru Doc    Public statements by both Iraqi and International officials have indicated the world expects Iraq to be a major financial power not only in the ME but world-wide in the very near future.  However to get there Iraq needs to have certain fundamentals in place such as a stable functioning government and secure assets to back the value of the currency.  As we write this today Iraq has neither.  If Iraq were to RV and try to trade its currency right now the most likely scenario would be for the currency to take a blood bath due to lack of supporting fundamentals.  If we know this then you have to know the international community knows this too.  [post 1 of 4....stay tuned]

12-27-2012  Newshound Guru Administrator Bob   Article quote:   "...currency is torn or is glued or subject to paste and become those currencies that circulated Iraqi citizen concern has as taking vendors and shopkeepers and markets cars are reluctant to receive money after that became this Banknotes very old without attempt to renew..."   We see this article clearly stating that Iraq's currency is in dire need to be replaced.  This is a direct result of the CoM/Maliki refusing to allow the Central Bank of Iraq's delete 3 zeros plan to proceed earlier this year.  What new strategy will unfold is yet to be seen.

12-27-2012  Newshound Guru Med   NOW, WITH MALIKI REFUSING TO TESTIFY IN PARLIAMENT, BASICALLY TAKING THE 5TH HOW CAN THEY NOT BE RUSHING TO PARLIAMENT TO VOTE HIM OUT.   ANYONE KNOW WHAT IS MISSING THAT IS NOT CAUSING FEAR IN MALIKI.  WHO IS PROTESTING AND WHO IS NOT?  THE SUUNI'S ARE IN THE STREETS  AND THE SHIA'S ARE NOT, THAT IS WHY MALIKI IS NOT SHAKING.  THERE IS SO MANY ARTICLES ON RIOTS, PROTESTING, THREATS AGAINST ANYONE WHO SPEAKS AGAINST MALIKI.  EVERYTHING RIGHT NOW IN IRAQ IS IN CHAOS, TOTAL CHAOS.

12-27-2012  Newshound Guru SWFloridaGuy     I have no way of knowing for sure but I do feel great about where we're at going into 2013. This just could be our year, only time will tell. Hopefully, we'll all cross the finish line together soon and celebrate this long journey finally coming to an end. I would have imagined it's in their best interest to start this yesterday. It does seem like we're close.  12-26-2012  Newshound Guru SWFloridaGuy   There was a great article today that said "Iraq is about to join the World Trade Organization."  In my opinion Iraq applying for WTO accession is a great sign for investors because a convertible currency is necessary for Iraq to join the WTO. Certain countries who are WTO members do use the USD but Iraq's goal is for their primary currency to be the IQD and eventually dedollarize.  We also believe this is an obligatory stipulation for accession where they are concerned.  When the principles and policies are in place, additional negotiations will commence between Iraq and member countries. The terms will be finalized and submitted to the General Council.  If 2/3 of the members vote in favor, than Iraq may accede to the WTO. I'm not saying Iraq is about to RV for that reason, I'm simply laying out the process.

12-26-2012  Newshound/Intel Guru BGG   Article:  "U.S. Ambassador Threatens Maliki Files Reveal Corruption Of Senior Officials." This is magnificent news for us!! The US appears to be completely fed up with the Maliki antics. They are saying as much in public.  I said on a call sometime ago – the way to handle this would have been to support the correct parties (behind the scenes) and this would work out pretty quickly. This looks very much like what they are headed for. GREAT NEWS!!

12-26-2012 Intel Guru OkieOilMan via SpiritualWarrio.  Okie...is extremely distressed that the forecast he made - based on the information he was given - has not occurred yet. Okie has not been told what happened, but that the news coming in is still POSITIVE.  Everyone knows Okie has no control over this event and, in good faith, reported what was given to him as truth at the time.

12-26-2012 Intel Guru TerryK  EVERYTHING IS SIGNED OFF IN IRAQ AND HAS BEEN FOR WEEKS AS FAR AS THEY ARE CONCERNED ITS DONE THIS IS SITTING WITH THE IMF AND UST RIGHT NOW AND THEN ONE OTHER PERSON THAT IS HOLING THE MAGICAL PEN...MY PHONE AT HOME HAS NOT STOPPED RIGING SINCE 7 AM ONE SOUCE IS TELLING ME THIS MAY GO DOWN TOMORROW ANOTHER SAID ITS TIED TO THE CLIFF...ANOTHER IS TELLING ME IT WILL HAPPEN BEFORE THE FIRST OF THE YEAR...ANOTHER IS TELLING ME 15 OF JAN AND YET ANOTHER MID MARCH SO TAKE YOUR PICK...ONE SIDE IM EXCITED ON THE OTHER IM GOING FUDGE

12-26-2012  Intel Guru Delta  Iraq, the CBI, is increasing their purchase of gold to back up their currency, adding to the reserves.  They started doing that back in September. This is indirectly telling us they will revalue.  The rate will shock a lot of people in a good way, looks like they are looking for a higher rate.  There is a banking conference that is to take place on January 11th & 12th  with the surrounding middle eastern countries.   If they don't have the intent or the plan to revalue their currency, than this meeting has no meaning.  You cannot go international with a currency without Article 8.  Article 8 is what makes your currency tradeable internationally.  I truly think that 2013 will be happy for all of us.

12-26-2012  Intel Guru Frank26   They have done the final discussion on the budget.  They will vote on the budget before January 20, 2012 [2013?].  The U.S. is about to put pressure on Maliki. They have been keeping a close eye on him.

12-26-2012  Newshound Guru SWFloridaGuy   The Iraqi parliament decided today to adjourn its regular session until January 8 due to lack of quorum. You'd think with so many important items on the docket (CBI policy etc.), deputies would show up for work...   Iraq is moving forward IMO but they sure do it at their own pace, which is way too slow for us Westerners. Despite their best efforts, I do think that Iraq will become a leader in the region. Eventually, international pressure and corporate investment will appeal to the politicians sense of greed, which makes an economic recovery most likely inevitable.

12-26-2012  Newshound Guru Kaperoni   Article:  "Expert: system (split national) will promote the credit card business and facilitate the circulation of money in the market"  This seems like a very important step to get implemented.  IMO...this seems like something that would occur "after" they raise the value.  Otherwise, they could have a real problem dealing with accounts/removal of zeros etc. afterwards.  The good news is they want to do it "early 2013" which means the change in value could be before or near that time frame.

12-26-2012  Newshound Guru Med   NOW MALIKI HAS SNUBBED HIS NOSE AT PARLIAMENT - THIS TO ME IS CALL FOR A NO VOTE-  HE HAS THUMBED HIS NOSE AT THE CONSTITUTION AT THE PARLIAMENT.  IF SHABIBI HAD REVALUED BACK IN NOV 09 NONE OF THIS WOULD BE HAPPENING. 12-25-2012  Intel/Newshound Guru Poppy3   DO YOU GUYS REALIZE HOW GREAT ALL THE NEWS SOUNDS FOR US RIGHT NOW AND HOW PROMISING AND DILIGENT THE PRESIDENTS HAVE BEEN. IT IS VERY ENCOURAGING.   BGG AND...I ...ARE JUST PLAIN TIRED BUT WE BOTH HAVE A GREAT OUTLOOK FOR THE NEXT COUPLE WEEKS AND ALL THE POSSIBILITIES AND THESE ARE VERY PROBABLE POSSIBILITIES. VERY ANXIOUS ABOUT THE UNSC AND THE 27TH AND THEN JAN 1.

12-25-2012  Intel Guru BOBGETZ6   An analogy from a friend...All of the turmoil reported in regard to Iraq is not exactly correct. It is kind of like owning a piece of property and someone else has the water rights. There are small details, which need to be ironed out, and that is getting done. This is a huge event and like all other large scale situations, as in big business deals, at the very last moment, something pops up. The bottom line is, once satisfied; we will see what we have awaited. In his opinion, based on his intel, which I have grown to respect, we are very, very, close. As to the timing, who knows?  I just finished a conversation with this person and the news is fresh.

12-25-2012  Intel Guru Freeway Bill   The Treasury is being given with 1.5 trillion dollars that was taken from the Reagan Wanta program and retrieved by the same people controlling this blessing's timing.  The Iraqi Stock Exchange is going online tomorrow (Christmas Day) and there are firm reports of movement towards the end of this journey.  Just a tidbit of thought...Can you have a stock exchange without a currency? Can you have international commercial flights in and out of your country without your own currency?  I have said all I can say right now.

12-25-2012  Newshound Guru Mailman17   I LIKE WHATS HAPPENING VERY MUCH AND I LIKE THE FACT THAT THE WORLD BANK STILL HAS NOT CANCELLED THEIR LOAN AGREEMENT.  THAT TELLS ME THEY KNOW WHATS COMING AS WELL.  THEY KNOW FULL WELL AS LONG AS MALIKIS IS IN OFFICE THAT LOAN WOULD NEVER HAVE BEEN APPROVED BUT ITS STILL THERE HENCE THEY KNOW SOMETHING.  I AM SECURE IN THIS INVESTMENT AND IT HAS BEEN A HARD NUT TO CRACK BUT WE WILL SEE THE END WHETHER MALIKI IS THERE OR NOT.  ITS NOW AT THE END...JUST WAIT.
Read more: http://www.dinarguru.com/index.html#ixzz2GM4HUg1V

12-24-2012  Newshound Guru SWFloridaGuy    [u think this will go thru feb?]  I really don't look at this by way of timelines. I really have no idea and nothing points to a certain time frame over another. When it comes to the dinar we can't say anything that relates to a date or rate with an inexorable certainty. All we can do is hope it's sooner rather then later and follow the progress, of which there has been plenty to feel encouraged about.

12-24-2012  Newshound Guru Phoenix3333  Article:  "The Board completed the discussion of the draft budget law of the Federal Republic of Iraq for the fiscal year 2013 and submitted by the Committees of Finance and Economy and Investment. House of Representatives votes on the eight laws and complete discussion of the federal budget."  Iraq Budget Talks Complete. Parliament returns on Wednesday. House of Representatives votes on the eight laws and complete discussion of the federal budget.

12-24-2012  Newshound/Intel Guru BGG   Article:  "Parliament rejects names security leaders nominated Al-Maliki"  Looks like Maliki tried to pull another fast one by submitting names for the Security Ministries that weren’t agreed upon (basically his own guys) and Parliament sent them packing.

12-24-2012  Newshound/Intel Guru BGG   there is magnificent amounts of pressure being applied to Maliki right now. This is excellent news for us!!

12-24-2012  Newshound Guru SWFloridaGuy  I am still VERY confident that we will see large profits from this. I just recognize that it's not a given and that neither side (Lop or RV) can prove their arguments at this point. Many are saying that I encourage others to believe in all Iraqi articles. Quite the contrary, I don't believe in most Iraqi articles actually. I do believe that the HCL, Chapter VII, permanent ministers and a power sharing GOI etc., are all great indicators of general progress though. The only problem is the GOI and CBI has shown very poor punctuality.  I have no idea what path the CBI is going to take for sure...this has been a learning process for us all. All we can do is let this play out, continue to speculate and hope for the best.

12-23-2012  Newshound Guru LoriC   The article from the CBI is encouraging. However, it does not directly signify a float. The CBI made a decision authorizing the CBI governor to reduce the sale price of the dollar as the market demands. This could apply to many different large appreciation scenarios including a RV/RI. We know that they would never RV to the goal rate because then they would lose their opportunity to buy back at profits.   Also, they could RV then float. They can't tell us they are going to RV. No country has ever announced to the world they were going to RV prior. If they changed the peg this could apply to the new rate also. If you look at what different options the CBI has in raising the rate, of which there are many, you will see that raising the rate as the market demands is a very common element.

12-23-2012  Newshound Guru Randy Koonce    Under the circumstances with Talabani, he will be out of the picture, he's gone.  He was a buffer between Maliki & Barzani.  Maliki is now meeting with Barzani.  They have to come to an agreement regarding Erbil.  90% of the oil is coming out of  Kurdistan. Maliki wants out of chapter 7 that's why he is interested in making a deal with Barzani.  We are waiting on an agreement, I think within 4 or 5 days, then we will be sitting pretty.   There is extreme pressure for Iraq to get things done. They can't open their budget until they RV because they don't have enough money, enough weight, this is another pressure point. From what I heard, the rate could be adjusted maybe a little higher, no less than $3.41, a managed float.  This thing is coming to a head. We should see a lot of good things in the next few weeks.

12-23-2012  Newshound Guru Newmonies   Article quote: "stating that its actions in autocracy unacceptable and that Iraq can not be judged the way it operates by the Prime Minister"  THAT STATEMENT SAYS IT ALL.  IF THEY ARE TO MEET WITH THE UNSC IRAQ WOULD BE BLAMED UNFAIRLY FOR THE ACTIONS OF IT'S...PRIME MINISTER AL-MALIKI.  I BET WHEN HE TOLD MALIKI THAT IT DID MAKE HIM SICK.  THIS IS GETTING VERY EXCITING.  [post 2 of 2]

12-23-2012  Newshound Guru Newmonies   Article:  "A source in the Prime Minister's Office: Maliki exposure to a health crisis yesterday after a meeting with U.S. Ambassador"  "Maliki told a strong message from the American administration stating that its actions in autocracy unacceptable and that Iraq can not be judged the way it operates by the Prime Minister"    THEY CANCELED THE UNSC MEETING SAYING IT'S DUE TO MALIKI'S HEALTH, AS IN HE IS SICK, YEAH RIGHT.  THEY TOLD MALIKI...THEY WOULD NOT HAVE ANY TYPE OF SUCCESSFUL MEETING WITH THE UNSC WITH ALL ...HE HAS PULLED.  I WOULD ALSO BET YOU THEY TOLD MALIKI THERE WAS NO WAY...THAT IRAQ WOULD BENEFIT FROM MEETING WITH THE UNSC UNTIL HE DID WHAT HE HAD AGREED TO AND IF HE DID NOT DO IT.  THEN THE BLAME WOULD REST ON HIS SHOULDERS. [post 1 of 2....stay tuned]

12-23-2012  Newshound Guru Kaperoni   That is as clear as it gets. The BSA cleared Shabs and Saleh.

12-23-2012  Intel Guru SteveI   It will be after Christmas...  I feel we will have this done within the next (less than) two weeks.

12-23-2012  Newshound Guru SWFloridaGuy  Whether there are several incremental adjustments or a historical large currency appreciation of 100,000% to get us to 1 to 1, I do think Iraq will accomplish returning their currency to it's previous levels by increasing the value of the paper currency in a quantitative sense in relation to the current value of 1 USD.  The global monetary system is broken and although the IQD is not the world's savior by any means, I do believe Iraq presents a unique opportunity and may serve the role of a fulcrum in its recovery.  [post 3 of 3]

12-23-2012  Newshound Guru SWFloridaGuy  We have seen a lot of progress though in these areas as far as the dialogue goes, which gives us hope announcements may be made and laws/amendments may be passed (read into the gazette), fairly soon.  I absolutely am of the belief that we're going to see a large profit from this and Iraq has many options when it comes to how they can achieve a higher exchange rate with a value somewhere on par with the USD or (eventually) somewhere next to the value of their neighbor Kuwait. "Eventually" being the key word in that statement.  [post 2 of 3....stay tuned]

12-23-2012  Newshound Guru SWFloridaGuy   Iraq is not out of Chapter 7, Iraq still has not passed the HCL, permanent ministers are not seated and China is not in control of Iraq's currency.  The CBI, Finance Committee, United Nations and CoM have all said that reform (power sharing, HCL, ministers, Strategic Council, Article 140 etc), that supports stability is necessary to move forward both economically and politically.  Maliki could certainly throw a wrench in the process as he's done many times in the past but of course we hope that's not going to be the case for once. [post 1 of 3....stay tuned]

12-22-2012  Intel/Newshound Guru Poppy3    STEVE 1, WHO SUPPOSEDLY HAS A COMMUNICATIONS BUSINESS IN IRAQ, IS CALLING THE RV AND WHAT MAKES ME PAY ATTENTION IS HE ALSO HAS NOW CONFIRMED WHAT I WAS SAYING THAT BAN KI MOON WILL HAVE THE MEETING WITH ALL UNITED NATIONS AND MAKE ANNOUNCEMENT ON THE 27TH LIKE MY WASHINGTON CONTACT SAID WAS THE SCHEDULE AND I TOLD ALL OF YOU THAT TWO ALMOST 3 WEEKS AGO. I WOULD LIKE TO BE THE VERY FIRST TO SAY STEVE 1 WAS THE FIRST TO CALL THE RV CORRECTLY.   IT SHOWS ME HE RECEIVED THE SAME DATE I DID ON THE ANNOUNCEMENT ABOUT IRAQ FROM THE U N .

12-22-2012  Intel Guru Poppy3   Article quote:  "In their meeting today, members of Iraqiya slate, promised to adopt a strong and firm stand toward Maliki's government, in response to the arrest of bodyguards of the Finance Minister, Rafi al-Essawi."    ...it apeers to be as I had suspected and predicted they are planning to move ahead without Talibani and seem to even be more determined than ever. STILL URGENCY IN THEIR ACTIONS.

12-22-2012  Intel Guru SteveI   It has been reported that the budget is now in the new dinar, which would have to have a better value than what it is now, or why go thru the steps to do this.  I still stand behind my prediction of $3.46 (plus or minus a penny or two). I will bet my every dinar on that. You cannot be a strong currency in the region at anything less than close to Kuwait, PERIOD.  I am so confident that this is almost over, I am now serious about rapping up life as I know it, as it is about to change in a big way, as will yours.  Unless something drastic takes place (which I do not see now at this point) we are good to go. Last week I said we were on final approach. Well, the wheels have just hit the tarmac.  [post 2 of 2]

12-22-2012  Intel Guru SteveI   [WHO THINKS WE WILL SEE THE RV BEFORE THE END OF THE YEAR?]   I have never felt better.  Matter of fact, here is how I feel it will play out. I will officially go on record with this.  I think it will happen in this order. The Parliament will pass the 2013 budget and put it into law within the next several days.  Next, Ban Ki moon fully supports the lifting of Iraq from Chapter VII.  I believe you will hear the announcement made official for sure next week, probably on or before the 27th.  I think you will see a revaluation shortly after that so everything can be in place prior to t