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Below Is the Dinar Guru Archive: 1-1-2014 to 8-10-2014
8-10-2014 Newshound Guru lojak "Sources within the Rashid Hotel in central Baghdad on the detention of a large number of deputies, including the head of the new parliament in the hotel and the imposition of house arrest amid them hear the voices of intermittent fire" what we dont know at this point is who are these forces?...they could very well be security forces NOT loyal to Maliki, but sent there to anticipate problems...its waaaaay to early to jump to conclusions. There isn't an actual coup, Baghdad is calm. Maliki has raised the stakes through his statement, it's the Iraqi form of poker (or chicken) .
8-10-2014 Newshound Guru Tlar Then this article stating that the MP's staying at this hotel, the Rashid which would be many MP'S all out of towners from the Sunni areas and Kurdistan and all towns outside of Bagdad like Basra etc., which includes the new POP are all under house arrest. It looks all the world to me like those forces Maliki said would be released on Iraq are being released by Maliki himself. This looks to me like what it probably is, a military coup with Maliki trying to take control over the government of Iraq by force. I may be a little pre-mature guys in saying this, but if it looks like a duck and quacks like a duck, well you know where I am going with this. I hope I'm wrong. [post 2 of 2]
8-10-2014 Newshound Guru Tlar We all realize this is an unfolding story. Maliki is paranoid, knows he is going to be arrested, has 25 billion dollars and does control the military at this point. He has been threatening everybody including al-Sistani in the last 24 hours and saying the fires of hell have will be let loose if the will of the people is not honored (he is referring to all the votes he stole as he thinks he has the peoples mandate in his mind). Then we get an article saying that Massoum's house has been blown up. Massoum threatened to quit because of threats and pressure being made by Maliki. And then security forces are spread out all over Bagdad that nobody knows for sure who controls them and the green zone is now on lockdown. [post 1 of 2....stay tuned]
8-10-2014 Newshound/Intel Guru BGG Maliki trying to arrest all of Parliament and all the major political leaders.
8-10-2014 Newshound Guru Kaperoni Maliki has surrounded himself and Tweets of explosions in or near his presidential palace. Maliki was just on Iraqi TV basically saying he will not step down. That the president has violated the constitution for failing to nominate him for a 3rd term. Immediately thereafter that broadcast, he has deployed troops around the green zone.
8-10-2014 Newshound Guru Aggiedad77 Source: "Masum cost-Maliki to form the government and the Badr and independents withdrew their reservations upon" So the debate continues...who is the biggest...definitely Maliki thinks he is the biggest and definitely can cause the most damage if he does not get his way...but the National Alliance seems to be hanging on as well...and President Massoum appears to want to give the NA leadership every possible chance to put a name on the table...someone that will be capable of replacing Maliki...I'm just not sure the NA will find a "willing" candidate who does not feel threatened by Maliki's forces...one way or another it would seem that the next few hours hold an announcement to be made...a decision...and the future of Iraq.
8-10-2014 Newshound Guru Tlar Its insane for them to still have not announced a PM this late in the game. The most encouraging article is the one saying the coalition has finally decided to quit negotiating with...(Maliki and the leadership of the SOL) and will decide who will be the nominee while ignoring Maliki and his party altogether. They should have done this 2 weeks ago. Instead they have continued to try to work it out up until the final hour. Masum will pick the NA over the SOL. The SOL is only now potentially 25 guys out of a total of 178 and will NOT be allowed to dictate who the PM will be. The coalition better come forward quickly with their nominee.
8-10-2014 Newshound Guru Millionday Article quote: "Vacated Prime Minister outgoing Nuri al-Maliki in his office building, prime minister of the personal needs and sensitive files. A source in the office of al-Maliki told ((eighth day)) that the evacuation process initiated since the early hours of Friday..." MALIKI IS EVACUATING ALL OF HIS BELONGINGS. THERE ARE NO GUARANTEES THAT HE WILL NOT BE WITHOUT LEGAL MATTERS. SO THAT IS WHAT WE...STAMP AS HUGE PROGRESS.
8-10-2014 Intel/Newshound Guru tman23 Word is Al Jaafari is the Prime Minister...And Maliki conceded the position to him...I was told ...that some were heard referring to jaafari as Mr. Prime Minister...so we shall see as the deadline is Monday 11pm.
8-10-2014 Intel/Newshound Guru Poppy3 WEAR YOUR SMILES TODAY...THIS IS A AWESOME WEEK COMING UP. GET IN THE HAPPY MODE NOW WHY WAIT AND WASTE A MIN.
8-10-2014 Newshound Guru Chattels IT APPEARS THAT THE POLITICAL HEADS/NATIONAL ALLIANCE/SLC ARE STILL WORKING (LITERALLY PERHAPS FIGHTING) TO SELECT A SINGLE CANDIDATE FOR PM, BUT THAT OTHER BUSINESS IN PARLIAMENT IS ADJOURNED UNTIL THE 19TH. [we could be in for a long drawn out battle and no RV?] ALWAYS BEEN A DISTINCT POSSIBILITY.
8-10-2014 Newshound Guru Kaperoni So using the dollar is perfectly understandable why they stabilize the country, build the infrastructure to support investment and learn how to manage monetary policies. This is the very motivation for the reams of news articles from economists in Iraq calling for monetary/currency reform. Remember, in order to transition to a market economy, open the capital account, and invite global investment, they must be using the dinar. As well, they must be using the dinar for the WTO - both require IMF Article VIII. So when that happens, the dinar will rise. [post 3 of 3]
8-10-2014 Newshound Guru Kaperoni the CBI realizes that they cannot do anything for a while (prolly 60-120 days at least). And reprinting the current notes allows them to maintain a successful monetary policy in compliance with the IMF while they wait...the CBI had no choice. They need usable currency or else the monetary policy fails. They cannot continue using the US dollar indefinitely...not if they want a market economy. Yes, they have used the dollar for 11 years and that is because they are in a closed currency board (peg) under Article XIV with the IMF and 95% dependent on oil sales with little to no other exports. [post 2 of 3....stay tuned]
8-10-2014 Newshound Guru Kaperoni ...the dinar in circulation is simply worn out. And the reprinting of notes is to replace those...nothing more...the CBI has a responsibility to maintain exchange rate stability, foreign currency auctions, etc (monetary policy). until the such time they decide to exit Article XIV and enter Article VIII. This is nothing more than part of that process. The current dinar is not expiring, nor ending nor have a timeframe. The IQD is the currency of Iraq. IMO, the value of the dinar will not change until the CBI makes that decision to go to Article VIII as part of the transition to a market economy. The rise in value is part of a broader economic plan as the Article IV Consultation stated "Balassa-Samuelson" effect. There is no overnight RV, its not happening tonight, tomorrow or after the GOI is seated...It will rise in value only as part (result) of the transition to a market economy and a influx of capital. [post 1 of 3....stay tuned]
8-10-2014 Newshound Guru Chattels [posted at 8:27 a.m.] From my friend watching live: WAITING FOR THE PRINT ON IT, THIS IS HAPPENING LIVE...HOLD ON, FLASHING ADJOURNED UNTIL 8/19. BIG TROUBLES AGAIN...EVERYONE IS OUTSIDE YELLING AT EACH OTHER. SEEMS THEY VOTED ON THE COMMITTEES AND NOW THEY MOVED THE REGULAR 12TH MEETING TO THE 19TH, BUT STILL WAITING IN THE CONFUSION TO SEE IF THEY DECIDED THE BIGGEST BLOC YET. SAME FIGHT BROKE OUT AGAIN TODAY, NOW JOBOURI WILL MEET WITH FUAD, MALIKI, AND JAAFARI TO RESOLVE THIS ISSUE BEFORE MIDNIGHT TONIGHT.
8-10-2014 Newshound Guru Millionday Report quote: "President Fuad Masum Friday evening to the city of Erbil..." THE PRESIDENT IS IN ERBIL AND HAS ARRIVED FOR THE PURPOSE OF RESOLVE. IT IS SO OBVIOUS THAT HE IS GOING TO BE GOOD FOR IRAQ AS HE IS PUTTING HIS PRIORITIES THE RESOLVE OF THE POWER SHARING GOV. IT SEEMS THAT IF THEY DO NOT HAVE IT DONE BY TOMORROW [SUNDAY] (THE END OF TIMELINE) -- THE PRESIDENT IS PREPARING TO PLACE A PM -- HE HAD SAID BEFORE HE WOULD NOT SO THIS IS GREAT NEWS. AS WE SEE WE HAVE HUGE HOPE AND SO DO THEY THAT A PRIME MINISTER WILL BE NAMED...THIS IS GOING ON THIS WEEKEND. [Guru] BGG...VERIFIED THAT THEY ARE MEETING SUNDAY AND NOT MONDAY...SO IT IS NOT POSTPONED.
8-10-2014 Newshound Guru lojak Obama said on his weekly address...that once the new PM of Iraq is seated--which should be anytime, a coalition of countries will be going in to eradicate ISIS. The govt will be done very shortly...and the CBI has publicly said what they were waiting on.
8-10-2014 Newshound/Intel Guru BGG Parliament does not have to be in session. This is on Massoum - Period...he calls the largest bloc to bring forward their nominee who is then the one to "form the Gov't"...this nominee has 30 days. [As I understand the Parliament will only vote to seat the whole govt not just the PM is that correct?] if he cannot - or cannot get a plurality of support once he does "form" (from Parliament - in the form of votes) then Massoum will choose another candidate. [Do you feel the govt has to be seated or just a PM to be named to see a possible RV?] IMHO - just the PM. [do you think Massoum will announce the PM soon?] Yes. I do.
8-10-2014 Intel Guru Jester IT SEEMS AS IF THINGS ARE HAPPENING RAPIDLY TOWARD GETTING THE GOVERNMENT SEATED... AND...IF THEY DO THEN A LOT OF PROBLEMS WILL TAKE CARE OF THEMSELVES.
8-9-2014 Newshound Guru Millionday Article quote: "...the first deputy chairman of the Council of Representatives Haider Abadi yesterday for the House of Representatives decided to return the draft federal budget for the current year to the government..." SO THEY NOW HAVE THE BUDGET IN HAND – THAT IS HUGE AND FAST COMPARED TO ANYTHING WE HAVE SEEN IN THE LAST TEN YEARS THAT IS FOR SURE.
8-9-2014 Newshound Guru Tlar Personally I...believe this government will have selected and nominated its PM as they themselves have said, by Monday. Turki has said he is ready, willing and able to make the monetary change. The CBI has printed the smalls and they are just waiting the go ahead which if we believe Turki is the government issue "settled". Circulating currency is at an all time low and Iraq has essentially dollarized. The dinars that are still circulating are more protected than they have ever been as far as potential counterfeiting goes as the new 250, 500 and 1000 are being replaced as they come into the banks and have been being replaced since the beginning of the year. The banks are mostly hooked up internationally and the controls on money laundering along with accountability are in place. They are IMF article VIII compliant and the WTO just needs to stamp the document approving ascension. Turki will follow the governments lead. When the government is seated, Turki will release the currency as he himself has stated.
8-9-2014 Intel/Newshound Guru tman23 Personally I struggle with the thought of a RV while the US is engaged and under the microscope of world reporting. How do you explain such an event when reports of chaos and terrorism are highlighted daily. But, then I was told that certain Gulf countries were warned that counterfeiting a countries currency is a declaration of war recognized by the whole international community. So why this warning now?
8-9-2014 Newshound Guru Doc What we expect to see in the next 3-6 months is more of the same. Iraq is notorious for not meeting timelines and commitments and we expect this to continue. The naming of a PM and formation of a new government will take longer than is being reported. Once this happens it will take some time for it to become fully functional and get on with the business of government. We are hopeful at this point the masses will see a more inclusive philosophy and some sense of stability will be obtained. It is most likely the CBI will not entertain any thought of currency reform until these events occur. We report, you decide. [post 2 of 2]
8-9-2014 Newshound Guru Doc Our time table continues as last reported in that do not expect any significant currency appreciation through end of this year at a minimum...simply stated the fundamentals are just not in place to support appreciation any time soon. Our insiders continue to support this view. Remember a strong currency needs both fundamental laws in place and a STABLE government neither of which exists currently. We do believe the government issue will eventually resolve itself. If Iraq truly can form a inclusive government then much of the ISIS support will quickly fade with the general population. Unfortunately this is a monumental task in their culture and one in which Maliki failed miserably. [post 1 of 2....stay tuned]
8-9-2014 Newshound Guru Bondlady ISIS...shifted their attention to Erbil but I think...they will head back towards Baghdad and I feel like there IS a plan - the USA will act to protect its interest and the green zone is in Baghdad and no one knows the DEPTH of our interest within the biggest embassy ever built in the world. I think its about to come to an end... It's tough but I feel like its all going to be ok just hang in there and pray for the innocent lost in Iraq.
8-9-2014 Intel Guru TerryK [via freeway2] the rate for the dinar is $8.16 and the Dong $2.21...
8-9-2014 Intel/Newshound Guru tman23 A sign to look for...In 2011 Kurdistan stopped raising the Iraqi flag in protest to Baghdad not living up to the agreements. Today, (Saturday) after the Parliament special session Jabouri went to Erbil with "forms" for Kurdistan to "review". Jabouri's canceled Sundays session...He will be in ERBIL! This means we should have the NAME on Monday...and there are whispers that the Peshmerga and Federal military are coordinating assaults on militants. The sign to look for (after Monday) is the Kurds flying 2 flags together. This will be HUGE! [post 2 of 2]
8-9-2014 Intel/Newshound Guru tman23 I was told there are 2 items at the top of the agenda...Security and economic. To be more direct it was said secure the political situation and secure the bank. That is the shortest version of todays special Parliament meeting but describes it all. And, IMO, It appears Jabouri went to Erbil to finalize some paperwork with the Kurds. [post 1 of 2....stay tuned]
8-9-2014 Newshound Guru Tlar Article quote: "President Fuad Masum, will cost a candidate of the National Alliance to form the next government as the biggest bloc, while ruling out the assignment for the State of Law coalition." What a great article. It sets the stage for a PM nominee on Sunday/Monday. Depending on who it is we could see his ministerial list the same day also...the government won't be seated...once a new PM nominee acceptable to all is chosen, you can consider the government set.
8-9-2014 Newshound Gurus BGG and Chattels Article quote: "The parliamentary sources earlier revealed earlier on Saturday (July 9, 2014), the Presidency of the Parliament decided to postpone the House session scheduled for tomorrow (Sunday) until next Monday." [so...no parliament session Sunday?] not according to the latest i have seen. ultimately Parliament will only put a stamp of approval on the nominee once they have been chosen. Massoum could choose the nominee today. there is no requirement for a meeting of any kind.
8-9-2014 Intel Guru TD All this translates to is that M is history and a new PM will be named as early as Sunday. Acceleration and formation of the government is imminent now. While humanitarian suffering is enormous this development is a blessing in disguise for all of the Iraqi people as their leaders MUST now act. The next couple days will certainly tell a very interesting story in this saga called Iraq. [post 2 of 2]
8-9-2014 Intel Guru TD I just received this update from my Kurdish friend who indicates that thanks to US air strikes and the fierce fighting capability of the Kurdish forces that ISIS is NOT making any progress against their region. Most telling is the ENORMOUS pressure the Obama administration is making against M [Maliki] and other main political leaders in the country to "Move ahead swiftly with government formation and the placement of an inclusive PM ". Obama has laid it out very clearly to everyone that their only viable solution here is political and that the US military involvement is coupled with REAL AND IMMEDIATE Political solutions. [post 1 of 2]
8-9-2014 Intel Guru EXOGEN [There are four currencies with big returns and 16 others in the first basket.] YOU WILL BE ABLE TO EXCHANGE ALL CURRENCIES: 1. DINAR 2. DONG 3. ZIM 4. INDO AND 2 OF THE CURRENCIES MAY GO (2) TIMES (HINT HINT). DONG WILL COME OUT AND FLOAT... IF THE ZIM DOES JUST 1/2 WHAT WE ARE HEARING IT WILL BE MAJOR AND LIFE CHANGING!! The Iraq war has everyone OFF Balance RIGHT now...BY DESIGN-YES! The countdown timer is now set OFFICIALLY and it can not be REVERSED. This is all tied into USA Air Strikes to stabilize the country of Iraq and secure the region. Collaboration now with UST/China & IMF. [Christmas in August!!] YEP...the presents are about to be distributed GLOBALLY YES!!! [Whats the next phase?] THE BANK!!!
8-9-2014 Newshound Guru Lojak We checked with our sources at the State Department yesterday about the possibility of Abadi being the new guy. I was concerned that another SOL guy was about win. They responded that he would be a very good candidate and the US would fully support his nomination...he was formally the head of the Parl. Finance committee and is very publicly pro RV. Once the new PM is in position, our RV will be shown. [post 2 of 2]
8-9-2014 Newshound Guru Lojak Two major hurdles were crossed yesterday. 1) Masoum has now dictated that the National Alliance is the largest bloc. The SOL has recognized that fact, as they have been meeting with the Alliance to come up with THE name. 2) the SOL has dumped Maliki, and is taking two names into the Alliance meeting with them--Najm and Abadi. It is those two things yesterday that all should be very happy about. Now that the largest bloc is settled and the SOL has relented and agreed to nominate someone--the rest is "gravy". I would anticipate that we will see a name by tomorrow. [post 1 of 2....stay tuned]
8-9-2014 Intel/Newshound Guru Poppy3 HE SAID THEY KNEW WEEKS AGO WHY THEY WERE SENT THERE AND THAT THEY WHERE TOLD THERE WOULD BE NO ACTION UNTIL THE GOI WAS SEATED IN FULL. THE STRATEGIC STRIKES THEY HAVE BEEN ABLE TO MAKE OVER THE LAST 11 WEEKS HAVE BEEN PRIMARILY HUMANITARIAN. WE HAVE NOW MOVED 50% CLOSER TO SEE TURKI TURN OUR MONEY LOOSE... [post 2 of 2]
8-9-2014 Intel/Newshound Guru Poppy3 ...GOT A CALL FROM MIDDLE EAST. THEY TOLD ME THAT USA BLACKHAWKS AND OTHER PLANES SHOOK THE COUNTRY THIS EVENING [FRIDAY] BEFORE DARK AND THEY DIDN'T PLAY AROUND. HE SAID PEOPLE WHERE VERY EXCITED AND HAPPY THE USA WHERE FINALLY SUPPORTING THEM, HE ALSO SAID IF IRAQ HAD NOT GIVEN THE o ADMINISTRATION FACTUAL INFORMATION AND DEFINITE TIME TABLE WHO AND WHEN THE NEW PM IS AND WHEN HE WOULD BE VOTED ON AND SWORN IN THEY WOULD NOT BE FREE TO FINALLY STRIKE HARD AGAINST ISIS. [post 1 of 2....stay tuned]
8-8-2014 Newshound Guru Millionday [is turki position secure, or will he be replaced?] AS FAR AS TURKI GOES -- THE PM PUTS HIM IN PLACE SO THE PROXY POSITION DOES NOT SHOW IN MY REPORTS AS CHANGED FOR HIM BUT HIS POWERS WERE CHANGED. HE WAS GIVEN THE POWER THAT WOULD NOT NORMALLY BE HELD BY THE PROXY GOV OF CENTRAL BANKS TO CHANGE THE VALUE AND RELEASE RATES A LONG TIME AGO BUT HOW THIS REMAINS OR IF THE PM MAKES CHANGES RIGHT AWAY WOULD BE CRAZY AT THIS TIME...IT WOULD NOT SERVE THEIR BEST INTEREST SO THAT WOULD BE REASON ENOUGH FOR HIS POSITION TO HOLD AT THIS TIME OF REFORM AND CHANGE. [post 3 of 3]
8-8-2014 Newshound Guru Millionday [if they pick a PM this weekend they then have 30 days to form their government, do we wait to see the RV till then?] THAT WOULD BE UP TO TURKI. I DONT THINK HE MEANT ALL MINISTERS BUT THAT IS NOT IN INK. THEY DO HAVE 30 DAYS BUT THEY DONT HAVE TO TAKE IT ON THE MINISTERS. HE WAS READY TO MOVE FORWARD WITHOUT EVEN THE BUDGET DONE WITH ALL REFORMS ECONOMIC, HE MADE THAT CLEAR WEEKS AGO. [post 2 of 3....stay tuned]
8-8-2014 Newshound Guru Millionday [Who is the bloc to put forth the PM...?] THE NATIONAL ALLIANCE HAS BEEN REPORTED TO BE AND AGREED ON BUT THEY KEEP ARGUING ABOUT WHETHER IT IS MOST IN PARL OR HOW THE CONSTITUTION READS. CONSTITUTIONALLY THEY ARE TRYING TO HAVE A PM NAMED BY TOMORROW WITH THE LACK OF HOLIDAY DAYS IT SHOULD BE CORRECT IF THEY CAN GET IT DONE. THEY DO HAVE NAMES ON THE TABLE. MALIKI IS STILL ACTING AS A CARETAKER GOV PM AND WILL BE UNTIL THE NEW PM IS SWORN. [post 1 of 3....stay tuned]
8-8-2014 Intel Guru TNT Tony [several folks have said in the news that President Obama and team have found an extra 500 billion dollars through various means...] This is part of exposing what we are part of. There will never be an announcement on the evening news that we have all this extra money suddenly. So far, everything should tell you that you had a great day yesterday, even if you didn’t know it. That is continuing today with what we know is going on. It may not be today, tomorrow or even Sunday by 5pm, but we know it’s coming. [post 2 of 2]
8-8-2014 Intel Guru TNT Tony [via Adept1] [Let’s talk about ISIL/ISIS.] Even though it looks terrible on CNN, and parts are terrible, it can be controlled as soon as they want it to be. Meanwhile, there is a reason for how it looks...what you’re seeing is not everything that is going on. There is a control mechanism that is only partially activated, for a reason. The President said they would not give Iraq any help until Maliki was gone and they had a stable government that we could see. That help started yesterday. [post 1 of 2....stay tuned]
8-8-2014 Intel Guru DC I myself have been surprised by something else: several folks have said in the news that President Obama and team have found an extra 500 billion dollars through various means. Where do you have 500 billion dollars just show up? There are articles in US news sources about that...The general public will see the economy finally taking off... All the guys in the UST and the Fed are getting through the final checklist, meeting with banks and Homeland Security, getting ready for the distribution. Everyone is lined up, prepared, ready to go, and let’s pray this is the final thing. [Post 2 of 2]
8-8-2014 Intel Guru DC [via Adept1] Over in Iraq we have a PM selected and most cabinet members as well. The PM, Speaker and President are all ready to go, and everyone is under locked guard. They have announced in their television, newspapers and mosques that the PM will be announced on Sunday. Maliki is still there but I’m 95% sure the PM won’t be him. President Obama got on world television last night and said that Iraq is announcing their PM in the next few days. And that puts pressure on everyone...What’s different is that he got on TV and said it in public. [post 1 of 2....stay tuned]
8-8-2014 Newshound Guru tlm724 Obama said he had approved "targeted strikes against [ISIS] convoys should they approach the city." I will tell you all ...once the gate was opened for airstrikes there is no going back. This will be a swift and targeted campaign. We do NOT need boots on the ground for success! Iraq MUST appear the victor in this so that these terrorist cells won't come back once the US is no longer present.
8-8-2014 Newshound Guru Bondlady what 1st started out as a protest for Malikis last term has turned into a full scale blood bath to rid him of his 3rd term...a real man and lover of his people would have stepped aside if he wasn't so full of hatred for what was done to him on his 2nd term now he clings again to power for 3 reasons greed, power and paybacks...all wrong reasons for sure.
8-8-2014 Intel/Newshound Guru tman23 IMO, Yesterday evening Massoum made the call that the National Alliance was the largest bloc. The USA has confidence in knowing who the PM of Iraq is going to be. Hours after the US had confirmation, Obama makes his television appearance announcing military support...no combat troops!! But ya know combat troops and special forces are 2 different things. What we had last night is confirmation of a new PM and it is not Maliki! Maliki is NO MORE !
8-8-2014 Newshound Guru Tlar Both al-Jubouri and Masum, the new POP and the POR have threatened to quit if Maliki is brought to the floor as the next PM nominee. Everything seems to be building to this Sunday. It is now my belief that Maliki will have to be taken out because he is delusional and still believes that the votes he received are real and the people want him. Sunday we should see a two step process. The first is the declaration that the NA is the largest block and second a nominee for PM position. Depending on how that turns out, we will probably see a new government. [post 2 of 2]
8-8-2014 Newshound Guru Tlar Many have voiced their concern over the events revolving around the ISIS push into Kurdistan. Kurdistan has been keeping a watchful eye on the ISIS but what the ISIS did was to attempt to break out of the boundary that they have been allowed to occupy as they are used as the reason to oust a dictatorship. As soon as the new government takes its seat (hopefully this Sunday), these guys will be routed out of the areas they have been allowed to occupy in Iraq, pushing them back into Syria. They are what's providing the urgency to the political process and for the time being a necessary evil. [post 1 of 2....stay tuned]
8-8-2014 Intel Guru Mnt Goat I have said many times, when the USA begins stepping up operations to assist in the issues with the militants ISIS, we are very close to getting the government fully seated and our RV. The USA efforts now are stepping up to fight the militants because they now know that the forming of the Iraq government has turned a milestone and has selected their final candidate for prime minister. They know he will very shortly be seated. They know the council of ministers is also all selected. They are darn sure Maliki is out. Also remember there is looming Iraq budget that desperately needs to be opened and spent. They need to vote and seat this new prime minister and do it quickly. [post 3 of 3]
8-8-2014 Intel Guru Mnt Goat I whole heartedly believe they did submit a candidate to the president yesterday and...They did meet their constitutional deadline. There is no constitutional requirement for them to announce globally their candidate for prime minister. This formal announcement requirement only comes once he is seated and has taken his oath. Now the president has until the end of today Friday 8/8 to send the name to parliament and they must approve (or vote in the council of representatives a confidence level of this candidate) If they get a majority of members to vote confidently on this candidate he will then take the oath and get his mandate as the third prime minister of Iraq. This most likely will not happen today since it is Friday, their holy day. I however expect by Sunday we will be hearing the news they have a new prime minister. [post 2 of 3....stay tuned]
8-8-2014 Intel Guru Mnt Goat there was a delay in announcing the candidate until Thursday which was yesterday. This delay was to allow time to go back to the supreme court for a hearing on the topic of who is the majority bloc. The courts referred back to the 2010 decision once again and said their decision back then is final and it will not waive. By applying the decision the National Alliance is the overwhelming majority boc and so has the power to form the new government and thus sub the candidate to the president to forward to the name parliament. This was a very positive sign for us yesterday. This is what we all was wanted. So it now does not matter what Maliki demands or wants. His own party now no longer supports him. [post 1 of 3....stay tuned]
8-8-2014 Newshound Guru Aggiedad77 Article: "Obama authorizes airstrikes in Iraq against Islamic State" Quite the jump from nothing can be done to militarily help Iraq, it must be done politically...honestly glad to see that we are taking action...highly suspect that we already took action before this announcement...
8-8-2014 Intel/Newshound Guru Poppy3 [will ISIS slow this whole thing down?] BEEN ASSURED BY TURKI AND FINANCE MINISTERS THE POLITICAL OR ISIS DISRUPTION WILL NOT EFFECT THE FINANCIAL REFORM PROCESS. [don't know if you heard that O gave the ok to do airstrikes?] BEEN STRIKING FOR 3 WEEKS, THAT'S DIRECT FROM IRAQ --- LIMITED STRATEGIC STRIKES BUT YES THEY HAVE KILLED MANY ISIS TROOP IN THE LAST 3 WEEKS. WHAT I WAS TOLD YESTERDAY... they have done the best job ever of painting ISIS MUCH WORSE THAN THEY ARE SO THIS CHARADE OF WAR WILL BE CLEARED UP VERY FAST. WEEKS AGO I TOLD EVERYONE INFORMATION FROM A LEADER IN IRAQ WAS TELLING ME WHAT WAS BEING REPORTED WAS ALL BULL CRAP.
8-8-2014 Newshound/Intel Guru BGG [will ISIS slow this whole thing down?] No - speed it up if anything.
8-8-2014 Intel Guru Bear5642 My sources indicate that Maliki is out and I honestly feel we need the completion of the GOI. The CBI must have a functioning government however, I have total complete peace concerning the RV. We have all been in this for a very long time and we are so close...
8-8-2014 Newshound Guru Tlar "The President of the House of Representatives Saleem al-Jubouri, on Thursday, lifting the parliamentary session of the fifth legislative term of the first parliamentary session of the third day to the next Sunday..." The coalition needs to get this issue of the biggest block resolved. The more this drags on the more dangerous Maliki will get. ...IMO it had better not drag on past Sunday as far as what or who is the largest block. It doesn't bode well for our side if it goes into next week unresolved. The coalition seems to have hit a brick wall. The coalition needs to quit trying to involve the SOL and just cut them off at the knees and have the INA declared the largest block. Delaying it only makes it worse and risks success.
8-7-2014 Intel/Newshound Guru Poppy3 I SEE NO ROADBLOCK AND ALL WE NEED IS TIME. THEY ARE PUSHING FORWARD...THEY HAVE COMPLETED MORE AND MOVED FURTHER IN THE LAST 3 WEEKS AS THEY HAVE IN THE LAST 10 MONTHS. I AM PLANNING FOR 3 MORE WEEKS BEFORE WE WILL SEE THE RV. I THINK TURKI WILL WANT A FULL GOI TO RELEASE AND MOST ALL THE PERSONNEL POLITICS COMPLETED. HE MAY NOT NEED IT ALL THIS IS MY THOUGHTS ONLY AND I WOULD LOVE TO BE WRONG AND ESPECIALLY IF WE CAN SEE PAYDAY BEFORE THE END OF AUGUST. VERY VERY VERY POSSIBLE.
8-7-2014 Intel Guru MarkZ All appears to be spectacular now. I am VERY excited about this week.
8-7-2014 Intel Guru EXOGEN MALIKI HAS OFFICIALLY RECEIVED HIS WALKING PAPERS AND IS NOW PAYING DEMONSTRATORS TO PROTEST ON HIS BEHALF.
Meeting going on now regarding Public Release(PM Announcement). EVERYONE'S WATCHING.
8-7-2014 Intel Guru TerryK Article quote: "Long-Presse / Baghdad A source parliamentary early, on Thursday, that the meeting of the President of the Republic Fuad Masum, with heads of political blocs in the House of Representatives failed to reach a solution on the issue of the largest bloc and its candidate for prime minister, noting that the meeting gave the National Alliance until 11 pm today to choose its candidate for the post of prime minister." THAT WOULD BE 4:00 PM EDT.
8-7-2014 Intel Guru TD DO NOT take seriously any "deadlines" in Iraq. "Postponement" is the norm in Iraq. Political tug of war will still take weeks if not months for a clear picture to take hold. I stand by my prediction of October/November for A functioning government to take foothold and AFTER that are laws to pass, the security situation to seriously address and much more. One last point here about rolling out the dinar internationally that people don't seem to grasp and that is: IF somehow they did it (right now), it would surely collapse under current economic and geopolitical pressures. THEY are not stupid to do that! [post 2 of 2]
8-7-2014 Intel Guru TD The "euphoria" of unity and brotherly love stemming from Ramadan has evaporated. We are back to bickering, accusations and lawsuits being filed against everyone, including many against M [Maliki] who is seeking immunity BUT will not get it, especially from the Kurds. You got to hand it to M who knows how to play HARDBALL. Masoum already learning well the meaning of "easier said than done". [post 1 of 2....stay tuned]
8-7-2014 Intel/Newshound Guru Poppy3 I TEND TO BELIEVE THEY HAVE BEEN IN THE MOST URGENT HURRY THE LAST 3 WEEKS AND HAVE ACCOMPLISHED MORE IN THESE 3 WEEKS THAN THEY HAVE IN THE LAST 10 MONTHS PUT TOGETHER. THERE IS A VERY SINCERE REASON FOR THE URGENCY. I HOPE IT IS TO GET THE CBI RELEASED TO MOVE TO A WORLD CURRENCY AND CARE FOR THEIR CITIZENS BY RELEASING THE RV AND STABILIZING THE COUNTRY. TIME WILL TELL.
8-7-2014 Newshound Guru Adam Montana [With trillions of dinar currently in circulation, how will that number impact an RV?] The current amount of dinar in circulation is a matter for the CBI, and they are VERY good at controlling their money. It is a factor, but I trust that the CBI will remove or replace whatever is necessary to make a stronger dinar possible.
8-7-2014 Newshound Guru tman23 I was told early this morning a SPECIAL SESSION is scheduled for Saturday. That scheduled session is verified and confirmed. They will officially have the candidate PM name.
8-7-2014 Newshound Guru Stryker Parliament Session started with 168 deputies in attendance, they voted on resignations of two members of the House of Representatives. They adjourned until 1:00 pm today and when they return President Massoum will announce the largest bloc. The nomination for Prime Minister has been postponed until Monday tho! Article Quote: "The Union said the national forces, said Thursday that Parliament Speaker Salim Al-jubouri would resign from the post if the Prime Minister Nouri al-Maliki to form the next Government." Speaker al-Jubouri announced that if Maliki gained a third mandate he would resign as Speaker of the House.
8-7-2014 Newshound Guru Chattels "The agreement to re-budget for 2014 to the government and demand of financial position and cash and financing imports and advances." "The MP for the mass change Secretary Baker has confirmed, yesterday, Wednesday, that the Kurdish blocs support to pass the budget requirement to be "fair" to give each component right without "prejudice", calling for the need to take into account "exceptional circumstance" that passes by the Kurdistan region..." FINALLY PEACE IN THE KINGDOM, BAGHDAD WORKED THINGS OUT WITH KURDISTAN IN THE BUDGET!!
8-7-2014 Newshound Guru Tlar Articles are suggesting that the SOL is now working with the NA and other articles suggesting the SOL is not working with the NA and standing by their man Maliki. Very confusing as their leadership appears to also now be in disarray. Lots of unofficial statements today. Choose one. If you don't like that one...wait 5 minutes maybe the next one will be better. I think the SOL is in tatters and finally the opposition to Maliki is gaining in strength.
8-7-2014 Intel Guru Jester MOST OF THE IN BETWEEN DOMINOES ARE ALL SET UP AND READY TO GO. I AM TOLD THAT THERE IS ONE DOCUMENT THAT NEEDS TO BE EXECUTED BY THE IMF AND IT HAS BEEN EXPECTED FOR A TIME NOW AND THAT COULD COME AT ANY MOMENT. BUT AS I SAID, IT HAS BEEN EXPECTED FOR A FEW DAYS ALREADY SO WE'LL SEE. TIMING IS AN ISSUE...AFTER ALL THE TIME THAT IRAQ HAS BEEN WAITING ON THE WORLD TO GET ALL OF THEIR COLLECTIVE STUFF STRAIGHTENED OUT WITH THE BANKING SYSTEM AND ALL THAT. [Are you getting any info regarding the PM of Iraq?] THAT DOMINO IS ONE OF THE IN BETWEEN DOMINOES. [post 2 of 2]
8-7-2014 Intel Guru Jester THIS THING SEEMS TO BE GOING THE RIGHT DIRECTION. I AM NOT SURE THAT IT WILL COME IN ONE FELL SWOOP LIKE SOME OF THE OTHERS. I AM PRETTY SURE I UNDERSTAND WHAT THE DOMINOES ARE AND IF I AM RIGHT THE FIRST ONE IS GETTING VERY CLOSE...BUT I DO NOT THINK THAT IS THE ONE THAT YOU ARE LOOKING FOR...NOT EXACTLY ANYWAY... BUT IT IS ONLY A STARTING POINT. THERE IS A LOT THAT WILL HAPPEN AS THE DOMINOES FALL THAT WILL LEAD TO THE END THAT YOU SEEK. BUT ONCE THE FIRST ONE GOES IT WILL NOT BE LONG... [post 1 of 2....stay tuned]
8-7-2014 Newshound Guru Millionday Article quote: "...economic expert Zuhair al-Hassani believes that the new parliament works psychology better than his former, for what promises to their quest in approving the budget, the public at the earliest opportunity possible..." THEY ARE DISCUSSING THE PREPARATIONS TO IMPLEMENT THE BUDGET PLANS AND ALSO CHANGES FOR THE BUDGETS AND HOW THEY ARE DONE IN YEARS TO COME. AL-HUSSANI IS AS EXCITED AS EVERYONE ELSE OF HOW MUCH IN A HURRY THIS PARLIAMENT IS AND HOW QUICKLY THEY'RE GETTING THINGS DONE – THEY ARE WORKING VERY HARD TO GET IT APPROVED RIGHT AWAY...
8-7-2014 Intel Guru TerryK they have to name PM, they are doing that at 8pm Iraq time [Wednesday]. The world will support anyone but Maliki. The UN and USA are ready to enforce the new PM. We should see our money this week. SO WE ARE ON PINS AND NEEDLES.
8-6-2014 Newshound Guru Adam Montana 2. Handle the situation with ISIS. The IS is an evil entity, and must be vanquished or at least mostly expelled before any further progress can be made in Iraq. It does appear that Iran is stepping in to help Iraq, but they are doing so in order to influence the political process. Either way, controlling the situation is of dire importance, and I hope to see that happening in short order. The new President of Iraq had made some pretty strong comments about "stepping down" if he was forced to pick a PM (which he should do according to the Constitution), but that talk seems to have subsided and it will be interesting to see how this week progresses politically. I will wait until Thursday to make further comments. [post 2 of 2]
8-6-2014 Newshound Guru Adam Montana ...right now it looks like the 8th is still a solid day to see some news. There are signs that Maliki is doing exactly what I thought he might have to do, which is give in to the Sunnis a bit. One example is lending support to the Peshmerga (Kurdish soldiers) in resisting ISIS. Speaking of ISIS, they are still a problem and in my opinion we have two things that need to be taken care of before we will see Iraq move to the HCL (necessary to support an RV)" 1. They need to seat an official PM, be it Maliki or Ronald McDonald. It doesn't matter who, just put someone there officially and move on. [post 1 of 2....stay tuned]
8-6-2014 Newshound Guru Bondlady Coordination between the center and the region contributes to the cleansing and Sinjar years and Rabia …they now know it took team work or is taking team work. I think they finally getting it…Pershmerga [Kurds] and the Iraqi army are now working as a team, they have done a lot of good too and it will go along way as well in restoring peace and passing laws…in a move that is more important towards the liberalization of the connector of the factions "Daash"
8-6-2014 Intel Guru Poppy3 …HOWEVER THEN TURKI COMES INTO PLAY AND WE WILL HAVE TO WATCH HIS ACTIONS AND DISCERN HOW MUCH MORE HE WANTS COMPLETED BEFORE HE WILL RELEASE THE RV ??? WILL HE WAIT TILL THE COMPLETE GOI IS SEATED OR IS A NEW PRIME MINISTER ALL HE NEEDS TO TURN IT LOOSE. WE CAN ONLY PRAY THAT ALL THE URGENCY HAS BEEN BECAUSE THEY WANT TO HAVE THE RV'ED MONEY AND IF SO THEN WE SHOULD BE IN AWESOME POSITION WITHIN THE NEXT FEW DAYS. POPPY3 [Post 2 of 2]
8-6-2014 Newshound Guru Millionday THEY CERTAINLY HAVE SHOWN NOTHING BUT URGENCY IN THE PAST WEEKS -- IT IS AMAZING HOW FAST SO MANY THINGS ARE IN PLACE THAT TOOK MONTHS BEFORE...IT IS VERY OBVIOUS TO MANY OF US THAT HAVE BEEN HERE THROUGH THE WHOLE RIDE HOW FAST THEY ARE WORKING AND IT IS FOR SOME REASON BELIEVE THAT...
8-6-2014 Intel Guru Poppy3 WELL!!! I REPEAT WHAT I SAID DAY BEFORE YESTERDAY WE STILL HAVE 2 TO THREE WEEKS TO WAIT BEFORE THE POSSIBILITIES OF THE RV WILL BE AT THE ANY MINUTE NOW TIMING IF THEY KEEP MAKING THIS KIND OF PROGRESS. THEY FINALLY GET THE SINGLE NOMINEE THEN HE [ or She! ;) ] HAS TO BE VOTED IN THEN HE HAS 30 DAYS TO SEAT HIS CABINET. HE WILL CHOOSE AND SEAT A NEW IRAQ GOI THAT WILL HAVE SHARED POSITIONS FROM ALL PARTIES OR BLOC'S . I TRULY SUSPECT THEY ALREADY KNOW WHOM HE WILL BE BUT STILL HAVE TO FOLLOW THE CONSTITUTION. FROM THE TIME THE PM IS SEATED OUR PROSPECT OF A RV INCREASES AT LEAST 50%... [Post 1 of 2]
8-6-2014 Newshound Guru Aggiedad77 …Wow…then Maliki turns around and says sure I will step down...but it will cost you...and he rolls out 28....yep 28 "conditions" that he wants met before he steps down....probably the foremost of them is freedom from prosecution…We sit patiently and watch as things unfold, and play out for the Iraqis and the world around them. Yes I encourage each of you to...keep an eye on Maliki and how things continue to unfold....or perhaps unravel.....depending on one's point of view. [Post 2 of 2]
8-6-2014 Newshound Guru BondLady …I'd like to think they did this survey to see what the world could offer them per knowledge and I also think Iraq is a lil scared to go big as far as monetary wise and they want to be assured they doing the right thing to possibly do a rate change or increase Iraq's worth...it all plays a part imo investments and economical developments and about combating corruption and they have come a long way in it all…just give us all new GOI ministers and dump all the ones who did nothing or brought terrorist in to cause problems in the gov or the one's that tribal fought to keep Iraq shackled to being poor… they have a real shot now for freedom and democracy without all the hate
8-6-2014 Newshound Guru Aggiedad77 …the news this morning it is almost all exclusively about "M".....is he in....is he out.....will he be prosecuted.....or allowed to seek asylum in some far away place like London....or elsewhere...A disturbing point though.....Maliki making a threat that "the gates of hell would open" if anyone tries to form what he says or calls an unconstitutional government...... [Post 1 of 2 check back for the rest of the story]
8-6-2014 Intel Guru Mnt Goat On the other hand, if things continue to linger on past this week we will be in a totally different situation since the militants are advancing and becoming increasingly more dire...There is really only one person to blame for all this mess and for the delay in seating this new government. It is the OUTGOING prime minister Nori Al-Maliki. The next prime minister replacing him will get all the glory and fan fair of finally bringing their currency online again with a full valued international rate. This I am certain.
8-6-2014 Intel Guru Mnt Goat Another parliament meeting is called for 8/7 Thursday, the day before the formal constitutional deadline for naming the PM expires on Friday 8/6. Can they extend it? yes they can...I am hearing there is a one week extension under discussion but nothing final. If all goes well and the announcements are made and the seating of the new Prime minister happens tomorrow 8/7 we will be in an excellent window to see the RV early next week. They may use this weekend to send all the updated rates and files downstream and do the final preparations. We could be at the banks next week. Note – I did not say we would have the RV. No one knows for sure the date. I am saying our best window of opportunity. [post 1 of 2....stay tuned]
8-6-2014 Newshound Guru wmawhite There will be only 1 nomination and that will go to the floor of Parliament and will have come from the largest bloc and that 1 will be voted on. He then has 30 days to form his government. The Jaafari nomination was a surprise but considering he is the head of the NA and without him it would have been a slam dunk for Maliki. I am impressed that they are plowing ahead and they want to get this done.
8-6-2014 Newshound/Intel Guru BGG They are fairly close to naming a PM in Iraq. Sometime in the next couple of days we will see that. Maliki in as the PM for a 3rd term is a rumor and far from true for many reasons, one is it is not constitutional. Another rumor is that Jaafari is nominated as the NA candidate for PM...that one may be true. The 8th is Friday & if they are going to stick to any kind of constitutional framework on their deadline they have to have their PM named this week & I think they will probably get it done. They are on the doorstep of having a new PM and they should have a vote before Sunday.
8-6-2014 Newshound Guru Millionday [I thought they were going to approve the hcl and budget this week too?] THEY ARE STILL WORKING ON IT -- THEY ARE WORKING TO PREPARE FOR THE WORLD TO COME INTO TRADE AND THURSDAY WILL BE THE NEXT DAY FOR THE BUDGET AND ALSO THE NAMING OF THE GOV.
8-6-2014 Intel/Newshound Guru Poppy3 SOMETHING TO LISTEN FOR FROM HERE FORWARD THIS WEEK: DID THEY VOTE OR DISCUSS THE BUDGET, HCL AND TARIFF LAWS TODAY? WHEN ARE THEY SCHEDULED? THESE ARE HOT ITEMS AND THEY KNOW THEY ARE NEEDED ASAP AND HAVE PUT URGENCY ON THEM. THEY CAN'T BE FUNDED AND IMPLEMENTED UNTIL THEY GET THE RV BUT THEY CAN PASS THEM AND HOLD THEIR IMPLEMENTATION.
8-5-2014 Intel/Newshound Guru Poppy3 TURKI AND THE BANK ARTICLES ALL SOUND LIKE HE IS MAKING PROVISIONS FOR THE RV AND GOING INTERNATIONAL AFTER COMPLETING THE ENROLLMENT TO FULL MEMBERSHIP TO THE WTO. WITH THE REPORTS AS THEY HAVE BEEN THIS WEEK...WE HAVE TO BE WITHIN ANYTIME IN THE NEXT COUPLE WEEKS. I THINK THE FULL MEMBERSHIP FROM WHERE THEY STATED TWO WEEKS AGO SAID MINIMUM 6 WEEKS FROM THE WTO ISSUING. THE MYSTERY IS WE DON'T KNOW HOW MUCH THAT THE CBI HAS FINISHED AT THIS TIME. WE WILL HAVE TO WAIT FOR FURTHER REPORT AND UPDATES. MY BEST GUESS AT THIS TIME IS WE HAVE TWO TO AT LEAST 3 WEEKS LEFT TO WAIT BEFORE ALL IS COMPLETED AND ALL THE BUDGET, HCL, PM AND TIME PERIOD FOR WTO FOR FULL MEMBERSHIP ARE COMPLETED. HOWEVER I THINK ANYTHING GOES WHEN THE NEW PM IS VOTED ON AND PUT IN PLACE.
8-5-2014 Intel Guru EXOGEN Finish line ahead - Hang in there! The Good Guys - Mission Accomplished!
8-5-2014 Intel Guru SteveI Article quote: "the National Alliance, Ibrahim al-Jaafari was nominated to fill the..." [is this good news?] Yes it is...This is awesome. One of the main reasons this is huge, Iraq would not pass the budget or open it as long as Maliki held the title of Prime Minister. If that happened, he could get his hands on the money and a disaster would have been in the making. Perfect timing and very well planned out. Now the new PM can oversee the process and make sure the allocation of funds are distributed properly. Smile everyone, because if you are not smiling yet, you will be very shortly. Before it was History in the Making, but now it is History has been Made!!
8-5-2014 Intel Guru TNT Tony Meetings went exceptionally well. Bright future ahead. Still looking for this week.
8-5-2014 Intel/Newshound Guru Poppy3 [Jaafar al-Sadr is asking them to do this within the constitutional limits, thats interesting.] THEY HAVE TO FRIDAY TO STAY WITHIN CONSTITUTIONAL LIMITS SO THEY SHOULD ANNOUNCE ON THURSDAY OR FRIDAY AT THE LATEST.
8-5-2014 Newshound Guru wmawhite Article: "...the National Alliance, Ibrahim al-Jaafari was nominated to fill the post of prime minister..." [you think it is true?] yes. [What about jaafari is he good for PM?] he has a super large ego...he will not be pushed around...but, he is also inclusive. the PoR will receive only one nominee from the largest bloc to be voted on by parliament. ...if in fact the NA is putting him up as their nominee they already know the Sunnis and Kurds are good with it. I believe the nominee will be voted on first by parliament...and each of the minister positions, IMO.
8-5-2014 Newshound Guru Tlar ...an agreement was just reached between the SOL and the coalition. Maliki will leave Iraq and each block within the NA (National Alliance) will recommend a candidate for PM and then the NA will vote on all and the winner will be the one who gets the most votes. This seemingly puts the control firmly in the hands of the coalition as I am sure that they will block vote for Mahdi. There was no nominee brought forth today for the PM position from either the SOL or the NA opposition. Parliament held a meeting but the announcement of the PM position has been postponed until Thursday's meeting at which time the NA will bring forth one nominee (not Maliki). If Maliki leaves Iraq as he has said he will do then at this meeting the Shia party will announce their nominee and Iraq will have peacefully had a transfer of power to the new non-sectarian government. This coming weekend is still looking good for our investment to finally come to a fruition.
8-5-2014 Newshound Guru Aggiedad77 Article: "Reform Movement: National Alliance will surprise people to choose their candidate during the next two days" NEXT TWO DAYS...the National Alliance is saying they will surprise people within the next TWO DAYS with a choice of their candidate for PM...I'll be the most surprised at all I would think...committing to a hard line date...two days...is this something they are capable of doing...well mark your calendars for Thursday and watch what happens.
8-5-2014 Intel/Newshound Guru Poppy3 THE FINANCE FRONT...IS SET, READY TO GO ONCE PARLIAMENT GETS THEIR ACT TOGETHER. TIME WILL TELL THEIR PROGRESS BUT REMEMBER AS I HAVE SAID ANY INK BEFORE 7 OR 8 PM FROM IRAQ IS NOT DEPENDABLE THE FACTUAL REPORTS NEVER SHOW BEFORE AROUND 7PM . ...ALL IS WELL AT THIS POINT.
8-5-2014 Newshound Guru Chattels [do you think they could still pass budget and hcl today?] i never thought that they could or would pass anything today. maybe there could have been a reading and some amendment progress, but no vote, IMO. What we are asking is impossible and what we are expecting is unreasonable. We will not know the date and rate in advance with any actionable certainty. Period. I look for news in the hope of some assurance of progress toward our liquidity event. There is no guarantee of anything in any of this. I am still hopeful. There is progress and all is not grim. We just cannot expect any exactness with any of the timing upon our event. [post 2 of 2]
8-5-2014 Newshound Guru Chattels Article quote: "The Legal Expert, Tariq Harb, announced that the time limit specified for tasking the next Prime Minister to nominate the next government will finish on next Sunday the 10th of August and not Friday which is the 8th of August." the constitutional timeline was enlarged the additional days due to the Eid Al Fitr holiday according to Harb. [do you feel they will still get the PM placed before the 12th?] i cannot say that i have expected a PM by consensus at this point. we may be a month or better away from such and all could still be "constitutional", assuming there is a nominee. that nominee may not be able to seat a government. [post 1 of 2....stay tuned]
8-5-2014 Newshound Guru Stryker "Breaking News - Eid al-Fitr holiday dates will not calculated as part of the 15 days constitutionally from the date the President was officially elected according to this source." Parliament Update: Between the dates of Eid al-Fitr being used to extend the 15 day constitutional PM mandate, and then Maliki's corrupt judge al-Mahmoud stating that they need two more days to announce both the largest bloc and Prime Minister it doesn't surprise me that they adjourned parliament until Thursday, August 7th. Good news is they can't delay it anymore then this because it is now noted in the Parliament Docite...we are that much closer to the end.
8-5-2014 Newshound Guru Tlar Quote: "The National Alliance will not submit its candidate today and it did not discuss the replacements for Maliki in its meetings" I am beginning to believe that if the parliament can't break this deadlock, the coalition will have to take this to the courts. I am not familiar enough with parliamentary law as to whether if this drags out until the point they are in violation of the constitution, that the President can then pick a nominee of his choice.
8-5-2014 Newshound Guru Chattels Article quote: "The House of Representatives held its meeting today under the chairmanship of Salim al-Jubouri with the presence of 245 deputies. It was scheduled to determine the biggest parliamentary bloc to nominate its candidate for the PM post of the next government." [so the meeting got postponed til thursday?] not certain that Parliament adjourned, but PM designation is off until at least Thursday...now confirmed.
8-5-2014 Newshound Guru Millionday TURKI HAS STATED THAT HE WILL FUND THE BANKS WITH INTERNATIONAL INVESTMENT MONIES AND MOVE FORWARD WITH THE ECONOMIC DEVELOPMENT WITHOUT THE BUDGET SO WE WILL HAVE TO WATCH.
8-4-2014 Newshound Guru Millionday THEY HAVE LAUNCHED THE INDUSTRY SECTOR FOR THE NATION AND ALSO HAVE ENSURED THAT AFTER THE FEAST IRAQ WILL HAVE 24 HOURS OF ELECTRICITY IN ORDER TO DO THEIR WORK. THEY HAVE ALSO DECLARED THAT THE PRIVATE BANKS AND ALL THAT HAVE TO BE ARE INTERNATIONALLY COMPLIANT AND ALSO REMEMBER THAT CBI ANNOUNCED THAT THEY WILL ON TIME MOVE FORWARD WITH THE ECONOMIC REFORM AND MONETARY POLICY AND BANKING REFORM WITHOUT THE BUDGET OR ANY OTHER ROAD BLOCK... NO ONE KNOWS THE DATE OR RATE AT THIS POINT...IT HAS NOT BEEN RELEASED. ITS ALWAYS NICE TO END THE NIGHT WITH A SMILE IF YOU DONT HAVE ONE ALREADY THOUGH... [post 3 of 3]
8-4-2014 Newshound Guru Millionday MALIKI HAS SAID HE WILL STEP DOWN WITH 3 THINGS MET THAT HE HAS GIVEN -- AND OF COURSE THAT IS RIDICULOUS -- ALSO THEY HAD A MEETING TODAY WITH THE US ABOUT THE ADVANCEMENT WITH THE STRATEGIC FRAMEWORK AGREEMENT AND ALSO THE SECURITY THAT HAS BEEN APPLIED TO THE BORDERS. ALSO THE DEVELOPMENT BANK IS DONE FOR AN ANSWER PLACE FOR THE BANKING REFORM AND THEY HAVE ALSO FORMED THE ADMINISTRATIVE ASSOCIATION OF BANKS TO ENSURE THAT THE MONETARY REFORM AND ECONOMIC DEVELOPMENT GOES AS IT SHOULD AND THERE ARE NO MONEY LAUNDERING ISSUES AS WELL AS FRAUD ATTEMPTS. [post 2 of 3....stay tuned]
8-4-2014 Newshound Guru Millionday SO THIS IS WHERE WE ARE: THE PRESIDENT IS IN PLACE -- THE DEVELOPMENT BANK IS IN PLACE -- THE AMNESTY WAS PUT INTO PLACE BEFORE THE FEAST AND ALSO THE FORMAL ANNOUNCEMENT OF WHO THE LARGEST BLOCK WAS DONE A DAY EARLY (TODAY) AND IT IS THE NATIONAL ALLIANCE. ALSO...TOMORROW THEY HAVE ANNOUNCED EARLIER THAT THEY ARE GOING TO VOTE ON THE HCL AND ALSO THE BUDGET AS IT IS AND THEN SEND IT TO PARLIAMENT AND THE COMMITTEE TO GO THROUGH IT AND JUST DO AMENDMENTS...ALSO, THE CONSTITUTION HAS GIVEN THEM UNTIL ONE WEEK FROM TOMORROW TO HAVE THE NEW GOV FORMED -- WHICH THE NATIONAL ALLIANCE HAS STATED THEY WILL HAVE DONE. [post 1 of 3....stay tuned]
8-4-2014 Intel/Newshound Guru Poppy3 THEY NEED THIS RV BAD AT THIS POINT. I TRULY THINK WE CAN EXPECT TO SEE PAYDAY VERY SOON. WE STILL HAVE TO WAIT AND CONFIRM HOW AND WHEN THEY TAKE THE VOTE AND DO THE APPOINTMENTS INTO THE GOI POSITIONS. IT APPEARS FROM THE NEWS ON THE BANKING SIDE THEY HAVE AGREEMENTS WITH THE IMF AND WORLD BANK AND HAVE COMPLETED THE NEEDED CHANGES TO RELEASE THE RV.
8-4-2014 Newshound Guru Millionday MALIKI`S PARTY IS NOT THE LARGEST GROUP IN PARLIAMENT -- IT IS STATED FORMALLY TODAY. SO NOW THE NEW PM WILL BE CHOSEN FROM THE NATIONAL ALLIANCE. THEY WERE [TO] MAKE THE FORMAL ANNOUNCEMENT TOMORROW BUT THEY MADE IT EARLY -- THEY MADE THE ANNOUNCEMENT TODAY.
8-4-2014 Newshound Guru Tlar I am sure of one thing only. Maliki will not be the nominee.
8-4-2014 Intel Guru DC [via Adept1] In Iraq they have a PM selected and it’s all done. They are waiting on announcements, had celebrations scheduled. They are ready to go. IMF and everyone else has accepted it. As has happened before many times, as they were getting close to going through this weekend, the rollercoaster started up again. Most people are now in agreement again, and we expect things to mover very quickly. Everyone is ready in Iraq. In the USA, everyone is dusting things off after this weekend and now seeing how to get things done. It’s been quite a rollercoaster, but things are looking good again and we are expecting good results. [The Budget that they are supposed to past in the next meeting on the 12th, does that require the RV or not?] We understand that the RV is already in the budget, and it’s on the agenda for tomorrow.
8-4-2014 Newshound Guru Millionday Report quote: "...the entry requirements of market economy system should be deliberate and not random as it is the case now, stressing that the cooperation of the ministries and government departments..." THEY ARE DISCUSSING THE IMPORTS THAT ARE COMING WHICH IS OPENING UP TO THE GLOBE --- A MARKET ECONOMY AND ECONOMIC DEVELOPMENT. THE PRICE OF THE CURRENCY WILL HAVE TO BE FAIRLY PRICED IN ORDER FOR IRAQ TO MAKE IT ECONOMICALLY AND ALSO FOR THE IMPORTS TO BE VALUED CORRECTLY. FAIR TRADE ACCORDING TO THIS IS ON THE WAY AND IS PART OF THIS PHASE -- THE ECONOMIC DEVELOPMENT INCLUDES THE BANKING REFORM AND THE MONETARY POLICY.
8-4-2014 Intel Guru TNT Tony [via Adept1] At this moment, things are on track and we’re looking for good things. We were off track because of things in Iraq, and we are back on track again. ...we said there was a new PM...but we haven’t seen who this is yet. ...people are hearing that Maliki is still on the scene and part of the issue. We know he is still trying, but we also know that he was asked to leave the building today. You don’t just ask a supposedly influential person to leave unless their time is over. We had a rollercoaster ride this weekend, but as of this morning we are in a good place. There have been meetings today where they are going over the timing. We didn’t expect to be here this morning, that’s for sure.
8-4-2014 Intel Guru SteveI I can assure you that the future of Iraq does not include Maliki. I was told, one the new parliament elected their new president and two deputies, one of the deputies appointed was from Maliki's bloc which was a strategic plan to seal any chance of Maliki becoming the next PM for yet another term. Their is just no way to have a Prime Minister and vice deputy from the same bloc. This is pretty much a done deal...I also recall that this was declared by the new parliament president... There will be only one and only one candidate for this position and it will not be Maliki under any condition!
8-4-2014 Newshound Guru Stryker ...in the news today...Parliament Speaker Salim has demanded Iraqi President Fuad Masum to announce the National Alliance as the biggest bloc in tomorrows session, he's ask him to submit its candidate for Prime Minister and for them to form a government. ...another article...states that according to a member of the Citizens Coalition the National Alliance will present their candidate during the Parliament session tomorrow as well. yet another...the Parliament Speaker saying that he will not postpone tomorrows session no matter what and the National Alliance will be named the largest of the parliamentary blocs on Tuesday. Then the National Alliance will nominate its candidate for Prime Minister. So as you can see, I feel this could be a very important time for us...
8-4-2014 Intel Guru Okie_Oil_Man FROM INFORMATION GLEANED OVER THE WEEKEND THIS APPEARS TO BE OUR LAST WEEK ACCORDING TO REPORTS. THE ACCOMPLISHMENTS MADE AND THE "GLITCHES" OVERCAME HAS BEEN TREMENDOUS. LETS KEEP THE PRAYERS GOING UP FOR THE INEVITABLE AND I AM LOOKING FORWARD WITH GREAT ATTENTION TO THIS WEEK AS HOLDING GREAT OPPORTUNITIES FOR US ALL.
8-4-2014 Intel/Newshound Guru tman23 Maliki wants amnesty for his whole family and his Chief of Staff. Amnensty was given to Maliki 2 weeks ago but his family and associates are soiling their sheets with fear of being left open to prosecution. Second, Maliki would like to keep his government mansion, private intelligence force and private security forces. Maliki wants to keep all government offices where members of his party reside and he wants Masum (POR) to appoint him the VP or another position...plus members of his party get appointed positions. In other words, Maliki will give up the PM name only as long as they all get amnesty and get to keep what they have...along with their political positions.
What a guy!!
8-4-2014 Newshound Guru Millionday Report quote: "the importance of maintaining the constitutional timings for the selection of a candidate, Prime Minister and the formation of the next government." SO ONCE AGAIN OF THE IMPORTANCE OF HAVING THE NEW GOV IN PLACE BY NEXT TUESDAY DONE...ALONG WITH THE BUDGET BEING VOTED ON IF ALL THEY HAVE ANNOUNCED IS FOLLOWED AS ANNOUNCED. THE PARLIAMENT MEETINGS IN THE NEXT WEEK SHOULD BE FANTASTIC. [post 2 of 2]
8-4-2014 Newshound Guru Millionday Report quote: "the situation with the province in regards to the budget in 2014 has become more complex," but that the House will try to vote on the Commission to resolve this bill in its session on Tuesday..." THEY ARE NOT STATING THAT THEY ARE READING IT SO...THE BUDGET WILL BE VOTED ON AND NOT READ THROUGH TWICE BEFORE THE VOTE. SO WE MAY HAVE A BUDGET ON TUESDAY. [post 1 of 2....stay tuned]
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8-3-2014 Newshound Guru tlm724 Article: "A new work program for the banking sector to adopt international standards" it's great to see the monetary policy being addressed because it's not just the CBI acting alone, it's a combination of the whole banking industry and it appears there is a plan...Wink.
8-3-2014 Intel Guru Mnt Goat The new president Masoum must submit a candidate to the parliament on Monday 8/4 and announce his name to the world. The next session of parliament will conduct a vote on Tuesday 8/5 and seat the new prime minister and the other positions. Nori Al-Maliki will not be the candidate put forward for prime minister. I am hopeful and now hearing they will not drag this on and the president will announce the final candidate tomorrow, Monday 8/4, and will formally submit the names of the prime minister, deputy prime minister and vice president to the parliament on time and in preparation for a vote in Tuesday’s 8/5 session.
8-3-2014 Newshound Guru wmawhite In 2003 the initial printing was 70 trillion. However, as the cbi has spoken about for years that they have been pulling in the dinar and destroying it. Today, there is less than 4 trillion IQD out...what I spoke about is documented...from the CBI...what the US has or doesn't havt has never been documented...something else, if there is all of this IQD everywhere then why is there no currency in the banks of Iraq. It has dried up and why? Because the CBI does not want to put it back out after pulling it in and why? Because the new notes are coming that require and change in the value of them.
8-3-2014 Newshound Guru Millionday CBI HAS MADE A PRESS STATEMENT THAT THEY ARE MOVING FORWARD WITH THEIR REFORMS AND HAS ALSO REPORTED WHERE THEY ARE WITH THEIR BANKING REFORMS AND HAVE GOTTEN APPROVAL FOR THE MONETARY POLICY FROM WORLD BANK AND THE IMF -- SO IT SEEMS THEY ARE WORKING...
8-3-2014 Intel/Newshound Guru tman23 the Alliance said they will announce their candidate on Monday...Tuesday he will be officially announced in Parliament, there could be 3 or 4 candidates and by next Tuesday voted down to 1...they are talking of introducing the Budget on Tuesday also...That said, so far the Alliance has been very calculated regarding it's moves...whoever they nominate I believe we can be absolute that they have the votes to see it through.
8-3-2014 Newshound Guru Tlar The process of building a new nonsectarian government will be finished because Mahdi will quickly submit his list of ministers that have been pre-negotiated and pre-agreed upon. There should not be much screaming from the SOL (State of Law) the minute the nominee is announced because IMO, the heads of the SOL and Maliki will already be on an airplane to parts unknown having unsuccessfully not received the "real" deal they have been seeking from almost the beginning of this, which is immunity. [post 2 of 2]
8-3-2014 Newshound Guru Tlar The SOL (State of Law) continues to say they are the largest block. They don't want to challenge this in court because if they are ruled not the largest block then they will have lost. This is their last hurrah, their last stall to get immunity. Their last argument. So between now and Tuesday expect to see this argument get bounced around in the news not the courts. Tuesday the NA will present its candidate. He will come from the Coalition, most likely Mahdi. [post 1 of 2....stay tuned]
8-3-2014 Newshound Guru Millionday WE HAVE THE BUDGET TO BE ADDRESSED ON TUESDAY ...AND THE COMPLIANCE PROMISED BY THE NATIONAL ALLIANCE TO HAVE A GOV FORMED BY ONE WEEK LATER -- THE NEXT TUESDAY. SO THERE WE HAVE IT -- THEY HAVE A WEEK LEFT ON TUESDAY. I HAVE SOME INK ON MALIKI AND I DO NOT BELIEVE THEY ARE MOVING FORWARD WITH MALIKI AS A NEW GOV OFFICIAL... [If the NA fails to nominate a candidate what are the ramifications?] THEY WILL BE GOING AGAINST THE CONSTITUTION AND WILL FACE THAT IN FEDERAL COURT I WOULD SAY AND THEN IT IS SUPPOSED TO BE THE CHOICE OF THE PRESIDENT. BUT HE HAS STATED HE WILL NOT PLACE THE PM -- WE WILL HAVE TO WATCH – THEY ARE VERY CLEAR THEY WILL BE DONE SO I HOPE SO AND WE WILL NOT HAVE TO FIND OUT.
8-3-2014 Intel Guru TD What about the CBI? My guy indicates having some conversations with some CBI staff members recently and they are just basically sitting on their hands waiting for a functioning government to take hold. SO, as of now, currency reform, it is just sitting idle and depending on WHO gets into power, fresh ideas and policies might emerge for numerous programs to be revised and enacted upon. It just depends on who gets in. In tandem with the ruling power is how the CBI makes it's moves. ...regarding the estimated 30-60 Trillion (some even estimate more) and the reality of exchanging that many notes. Again my friend indicates that "everyone here (Iraq) knows that not all notes worldwide CAN or WILL be exchanged". [post 2 of 2]
8-3-2014 Intel Guru TD ...my prediction (as discussed with my sandbox friend) is October -November for a formed government to begin operating. Then from there (as Massoum clearly spelled out) are the adoption of laws, dealing with the security situation and resolving the numerous other agenda items. SO much work to be done AFTER the government is named. So what's the deal with Maliki? In or out? His hope is to have enough power to call some shots from the sidelines. My contact indicates to me that Hussein al-Shahristani will emerge as the named PM. Of course, treat as rumor... [post 1 of 2....stay tuned]
8-2-2014 Intel Guru TerryK I GUESS WE ARE WAITING FOR TUESDAY AGAIN WHEN THE DOGS ARE BACK IN SESSION AND ARE TO PASS ALL THE REST OF THE REQUIRED DOCUMENTS TO TURN ON THIS RV.
8-2-2014 Intel Guru SteveI They are flat out of money to operate until the budget and HCL are passed and opened. This is getting very exciting to watch. This cannot and will not continue. All information we have is absolutely excellent. [can you tell us what you think/believe will happen in the immediate aftermath with our investment when parliament passes the budget? Will a new rate be released simultaneously? Will there be a waiting period i.e, budget appearing in the law library then rate release?] Personally from what we are reading and being told, it will be pretty much immediately. The CBI will just do their thing and you will not know in advance what it is or when, so you will just have to watch for it.
8-2-2014 Newshound Guru Aggiedad77 Article: "Citizen: the National Alliance will choose its candidate for prime minister before the hearing next Tuesday" So the National Alliance is saying they will have a meeting before the next session of Parliament, next Tuesday, to decide who their nominee will be for Prime Minister...they have several qualified candidates to choose from...will it be M...or perhaps a new M that we have not heard much from in the past.
8-2-2014 Intel/Newshound Guru Poppy3 [let's hope Iraq has a backup plan for their MR [Monetary Reform] if the seating of the GOI doesn't go we'll.] IT ALL APPEARS AT THIS POINT LIKE IT WILL GO WELL. THE POWER PEEP ARE TALKING GOOD THINGS FOR IRAQ AND THEIR GOI. I THINK ALL WILL BE WELL WITHIN DAYS WE WILL KNOW.
8-2-2014 Newshound Guru Chattels [ya think they might get this thing done this week?] hoping and thinking are not the same as you well know...i will be surprised myself. i question whether Maliki will give up and i wonder about the resolve of the Shiites. the nomination and voting procedures are very unclear to me...i know what their constitution says but there are errors and conflicts and lacunae throughout the Iraqi constitution. Sadly though the settling of the government does not assure us of our liquidity event.
8-2-2014 Intel/Newshound Guru tman23 Between Sunday and Tuesday morning is looking RED HOT...
8-2-2014 Intel/Newshound Guru Poppy3 DATES TO WATCH FROM HERE FORWARD--- BEGINNING THE 5TH OF AUGUST WHEN PARLIAMENT RECONVENES TO PASS BUDGET, HCL, NAME PM AND DEPUTY...
8-2-2014 Newshound/Intel Guru BGG Article quote: "After the Eid holiday, parliament will start its performance so we hope to endorse the Budget Law and the Federal Court Law." Well - I did say the next 72 hours would be exciting - and it sure has started out with a BANG - those are two VERY BIG laws.
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8-1-2014 Intel Guru TerryK I'M BEING TOLD AND BY SOME GREAT SOURCES WE ARE IN THE WINDOW. I KNOW WE ARE RIGHT ON TOP OF THIS.
8-1-2014 Newshound Guru Millionday "Safi said he 'remained one week of the constitutional deadline mandated by President candidate biggest bloc to form the next government..." so there is one more week as of yesterday constitutionally to form new gov. my opinion is that they have the right president...if he is not going to use his powers to place who he wants without the go ahead from all parties that speaks highly of his character -- he has the right but wants all to agree...he states that if he is backed into a corner without the pm being placed by all he will not remain in his position – i dont believe he would leave such an honor as it is but --- to say that and demand the work to be done is a huge change from where they were with the past gov...i would not be shocked if they follow the constitutional deadline as we have seen that as a pattern lately.
8-1-2014 Newshound/Intel Guru BGG Article quotes: “…Rudaw has learned that Iraq’s acting Prime Minister Nouri al-Maliki has urged Massoum to nominate him “since he represents the largest coalition in the parliament.” "The president has reportedly declined Maliki’s appeal and said he would not use his presidential powers to nominate anyone “without the clear support of all Iraqi factions…” Maliki is essentially asking Fuad Massoum (POR) to bypass the first (and preferable) constitutional method and go directly to the “appoint me” method…Massoum is basically saying – he would resign before having to do so.
8-1-2014 Intel Guru TNT Tony [via Duke] You should be excited but we can't give you details that would support, specifically what happened last night or the day before it. [Has a contract rate been set for the other currencies?] Those are the only 2 I know about that have contract rates. ...as an individual, when you go to the bank you'll be offered 3 rates: a market rate, a China rate, and an international rate. You just have to be there when they are available. We didn't think we'd be here this weekend. We didn't think we'd be here last night. We know just how close things are to being live.
8-1-2014 Intel Guru DC [via Duke] Bottom line, things are so freakin' close and nobody knows why we're not sitting in the money right now. Iraq is done with their holidays and festivals. Everybody has been voted on but they haven't revealed it. In Iraq a lot of stability has been brought to the situation with ISIS and other nefarious guys. Celebrations are planned for tomorrow and everybody is quite happy with themselves in Iraq. In the USA, the Administration is ready. Banks are cued up on high alert. There's really not much left to do. We're just sitting here. [Several gurus are saying it won't happen until 8/8.] I find it very difficult to understand how it could last that long. Everything looks phenomenally good. I honest-to-God don't know why it hasn't happened but we are right there.
8-1-2014 Newshound Guru Kaperoni "Working Party on the Accession of Iraq - Membership and Terms of Reference - Revision" Ok, I don't know what this document is. But I assure you, Iraq is not ready nor have they received accession into the WTO... they don't have the laws to support global trade nor a convertible currency. Accession will come later. I believe their are like 8 steps to accession. What this WTO post appears to be is graduation to step 8. Which is not accession, but the final faze...which still contains all the conditions set forth before. This basically puts it all on Iraq. The WTO has said, as soon as you do what is required you can have full accession because you have met the previous seven stages. Remember the list is at least...tariffs, laws, currency convertibility, less dependency on oil, etc. So Iraq has work to do, but this is an incentive for them for sure. IMO, Iraq is still a year or two out before they will fully join the WTO.
8-1-2014 Newshound Guru Shredd Quote: "IRAQ is a member of the WTO----Working Party on the Accession of Iraq to the WTO" The title of this post is false. Iraq is not a member yet. This is just a posting of a note on the file. There was a similar note posted back in December of 2009...people saying Iraq is a member of the wto, wrong.
8-1-2014 Newshound Guru tlm724 Quote: "IRAQ is a member of the WTO----Working Party on the Accession of Iraq to the WTO" NOT! There is much fanfare prior to ANY country reaching full membership status in the WTO. It actually takes several months from submission of the final report by the working party. IMO we will know when Iraq is close and it's not today.
8-1-2014 Newshound Guru Aggiedad77 I believe strongly that the events from Iraq could be most interesting to watch unfold for this weekend...maybe a little slow and dry at the beginning...but starting tomorrow...it could be an interesting love/hate story in the works.
8-1-2014 Intel Guru Mnt Goat This is a time of great anticipation and expectation for our exchange. There will be an RV and it will occur very soon. I have always believed that the RV needed a weekend to sync up with the banks and allow down time to push out all the needed files downstream and necessary rates to the monetary exchanges and trading platforms. I do believe whole heartedly there is an extremely high probability this may occur in the coming weekend of 8/8 – 8/10. [post 2 of 2]
8-1-2014 Intel Guru Mnt Goat I was told today that the new Iraq president now has the 2014 budget and has ratified it. It will be announced in the gazette publicly next week, however they plan to open it and begin spending it only once the new government is completed. I have also learned that the Council of Ministers is all hand picked and all they need is a final vote in parliament for the new prime minister to head the council. This final vote should happen anywhere between now and/or on Aug 5th. One other new tidbit this week also occurred...I learned that on Tuesday July 29th Iraq is officially is now a full member to the World Trade Organization (WTO). Can’t be a member of the WTO without an international tradable currency (one that reflects the true asset backed value of the country). [post 1 of 2....stay tuned]
8-1-2014 Intel Guru EXOGEN IRAQ HAS CLOSE TO 6 DAYS LEFT NOW TO ANNOUNCE & NAME THE NEW PRIME MINISTER BASED ON THE AUGUST 8, 2014 (IRAQ CONSTITUTIONAL DEADLINE). WE ARE NOW IN "THE WINDOW OF ALL WINDOWS". THE WTO IS COMPLETED. THE PM HAS BEEN COMPLETED AND ANNOUNCEMENTS ALREADY RECORDED. The new President and House Speaker are following the Constitution.
8-1-2014 Intel/Newshound Guru Poppy3 WOW, MALIKI IS OUT AND NEW CANDIDATES ARE NAMED AND TURKI MAY BE PREPARING TO GO GLOBAL IN THE WTO. THERE IS A LOT HAPPENING AND SEEMS THE RUSH TO FINISH AND START FINANCIAL REFORM IS MOVING AT A URGENT PACE AS WELL. THAT ALL PRETTY EXCITING NEWS.
8-1-2014 Newshound Guru Chattels [i have recently made the acquaintance of someone who is connected to banking in Iraq and speaks Arabic.] they are excited about the prospects of a near term event, but no date or rate... their optimism is somewhat connected to the "progress" in Iraq, but primarily they are connected to a person, so it is anecdotal.
8-1-2014 Newshound Guru Millionday [When is the CBI open again? Saturday or Sunday?] SUNDAY I BELIEVE BUT I READ MONDAY ON ANOTHER REPORT.
8-1-2014 Newshound Guru Mailman17 THE OTHER TIDBIT I HAVENT BEEN ABLE TO CONFIRM YET IS THAT THEIR PAPERWORK IS FINISHED AND AWAITING ASCENSION INTO THE WTO AS OF THE 29TH. BUT THAT REQUIRES A TRADEABLE AND ACCEPTED CURRENCY. ENTER THE BUDGET, AND FULLY FORMED GOVT, THEN ITS TURKIS CALL...SO WE SHALL WAIT. [post 2 of 2]
8-1-2014 Newshound Guru Mailman17 THE SOL IS NOT THE LARGEST BLOCK NO MATTER WHAT PROPAGANDA IS SAID ON TV OR ANY ARTICLE PUT OUT BY MALIKI... THEY MAY BE TRYING TO PERSUADE THE NA TO LET MALIKI FORM, BUT THAT IS AND NEVER WAS AN OPTION. MALIKIS OUSTING HAS BEEN PLANNED FOR QUITE AWHILE. THE 5 NAMES WERE PRESENTED AT A MEETING LAST NIGHT AND FROM THERE, JAFAARI, THE HEAD OF THE NA WILL CHOOSE 1 AND PRESENT IT TO THE POR. GET READY...ITS COMING. [post 1 of 2....stay tuned] 7-31-2014 Newshound Guru Millionday NOW ON THE WTO SITE IRAQ IS LISTED AS WORKING TOWARD ACCESSION. THEY ARE PART OF THE COUNTRY LIST. I READ THAT THEY ARE HOPING TO NOT WAIT THE ENTIRE 30 DAYS BECAUSE OF THE PRODUCT ANALYSIS THAT GOES ON WHEN PRODUCTS ARE FOR WTO CONTRACTS AMONG OTHER REASONS. I AM WORKING ON FINDING OUT IF THEY ARE COMPLETELY DONE WITH ALL REQUIREMENTS OR NOT -- IT SAYS COMPLETE AND I HAVE TO SAY IT LOOKS EXCITING. [post 2 of 2]
7-31-2014 Newshound Guru Stryker BREAKING NEWS... WTO. IRAQ IS ARTICLE VIII COMPLIANT MEANING THE IRAQI DINAR CAN BE TRADED INTERNATIONALLY. ...the WTO Agreement states that accession to the WTO will be “on terms to be agreed” between the acceding government and the WTO. Accession to the WTO is essentially a process of negotiation — quite different from the process of accession to other international entities, like the IMF, which is largely an automatic process. ACCORDING TO THIS RESEARCH IRAQ IS COMPLETELY READ FOR FULL ACCESSION INTO THE WTO...ONE LAST REVISION AND THEY ARE DONE WE/THEY ARE JUST ABOUT THERE!!!
7-31-2014 Intel Guru WILDDUCK [I hope I wake up to an RV.] GCR [GLOBAL CURRENCY RESET]. RV BEEN DONE, GCR IS WHATS COMING. IT HAS TO HAPPEN SOONER OR LATER. IMO CAN NOT KEEP THE DRIFT UP IN IRAQ FOREVER.
7-31-2014 Newshound Guru Millionday WE WERE FOLLOWING ALL THE DATES IN THE PAST TWO YEARS OF THE ENTRY OF THE WTO... THEY HAVE WORKED HARD AND HAVE STATED ON MULTIPLE OCCASIONS THAT THEY WERE WORKING TOWARD ACTIVE MEMBERSHIP. THE LAST THING WE HAVE SEEN IS THE MOVE TO A FREE MARKET ECONOMY IS WHAT THEY ARE DOING AND THAT IS THE MOVE TO ACTIVE MEMBERSHIP TO THE WTO --- IT WAS JUST A COUPLE DAYS AGO. [post 1 of 2....stay tuned]
7-31-2014 Newshound Guru Tlar the NA will not allow through vote, for Maliki to be named the nominee. The coalition will have their candidate and the SOL will have their candidate and then the NA will have their vote. The winner of that vote, either Chalabi or Mahdi will be the NA nominee they will take to the floor of parliament as the Shia nominee for PM. The coalition has decided on their candidate and I believe the SOL has decided on their candidate, Sharistani. The NA will vote in the next two days, maybe even tomorrow. The Shia nominee either Chalabi or Mahdi will be ready the same day he is brought to parliament to announce his government having chosen the minsters in advance. This should be over next week as to the government being formed. I am sure of that.
7-31-2014 Intel/Newshound Guru Poppy3 LOTS OF THINGS HAPPENING IN IRAQ. THEY ARE STILL IN THE FEASTING AND GIVING STAGE TODAY TILL MIDNIGHT AND WE SHOULD HEAR MUCH MORE NEWS TOMORROW. MEETINGS STILL HAPPENING EVEN IN THIS STAGE OF THE END OF RAMADON CELEBRATION. PEOPLE ARE ENCOURAGED IN BAGDAD AND THEY ARE ALL REJOICING THAT MALIKI HAS RESIGNED. WE ARE IN GOOD PLACE AND...MY ATTENTION HAS TURNED TO MR. TURKI. THEY HAVE BEEN IN A VERY URGENT HURRY FOR OVER A MONTH AND NOTHING AT ALL SAYS THAT HAS CHANGED.
7-31-2014 Newshound Guru Stryker "The National Coalition also nominated Ibrahim al-Jaafari and Adel Abdul Mahdi and Ahmed Chalabi for prime minister on the one hand and the state of law and nominated Khodair al Hussein al-Shahristani, on the other hand." ... that sure looks like Maliki is out. But like I said, he aint going to go away easy...and some gurus are saying he will be forming a new government after the Eid al-Fitr...that ends tonight... Some are still saying that Iraqi TV is showing Maliki resigning but there is nothing in the news about it today officially and my people say that it's not true, yet. But there is some great news about the Budget being ready for Parliament and other encouraging news...
7-31-2014 Newshound/Intel Guru Randy Koonce The reason we get away from dates and just look for the event is since this is a multi headed snake you have different factions controlling the RV and GOI at any given time... Right now we know IRAQ is READY to show the GOI but why has it not shown...the US is who Iraq is waiting on to give the ok to finish... Question 4 will the fighting stop the RV? It has nothing to do with RV...the money was only an issue if the US had troops that the militants could use the money to buy weapons against them. OVER the weekend until Tues seems to be the time to look for the GOI to be done...we are close...do not pay attention to anything other than the formation of the GOI after that we will be done. [post 2 of 2]
7-31-2014 Newshound/Intel Guru Randy Koonce ...we are coming to an end now with the GOI getting formed...That is why we do not look at dates and particular days. Question 1. is Maliki Out? Unless Maliki can find a miracle to happen he will not be able to form the largest Block...His own Party will not put him up now as the candidate...So Maliki is OUT. Question 2. who will be the PM? it will either be Chalibi or Madhi either one for us is fine...we should know for sure in about a day...Right now it is Madhi. Question 3. could it take longer for the PM to be seating? Yes...but we do not think so if you listen to all the news the GOI will be formed by the first... that has been moved right now any time to get formed... [post 1 of 2....stay tuned]
7-31-2014 Intel Guru Okie_Oil_Man AS OF THIS AFTERNOON I HAVE BEEN RECEIVING NOTHING BUT PROGRESSIVE, POSITIVE NEWS RELEVANT TO COMPLETION OF THIS LONG JOURNEY WE HAVE BEEN ON. IF ALL GOES ACCORDING TO SOURCES WE ARE REALLY AT THE END OF THE TRAIL. I CAN NOT BE EXPLICIT BECAUSE OF PRIOR AGREEMENT'S THAT PRECLUDE ME FROM GIVING SPECIFIC'S. JUST KNOW THAT "THE PLAN" HAS AND IS BEING FOLLOWED TO THE LETTER OF THE LAW. WE ARE NOT ANTICIPATING ANY PROLONGED WAITING PERIOD FROM THIS POINT FORWARD. JUST FOLLOW THE BOUNCING BALL AND SING ALONG WITH ME-- "WE'RE IN THE MONEY-WE'RE IN THE MONEY. ---FINAL POSTING SHOULD OCCUR SOON.
7-31-2014 Intel Guru Frank26 Article quote: "discussions are ongoing between state law and the political blocs to agree asking Maliki to form the next government," noting that "there will get a surprise in the next few days." IMO, Sunday will SHOW us MANY MANY things. NOT an IR [International Rate] ...The Substrate of it ...Upon which the IR will act.
7-31-2014 Intel Guru SteveI Article quote: "Wednesday that the Parliament sent a modified version of the budget bill to the federal government for approval and then approval in the House of Representatives" Awesome. This is what I have been looking and waiting for. [ Is there a chance that when the budget is released officially, the rate will remain the same?] Well of course there is that chance, however, all of the momentary reform that has taken place would sure lead me not to believe that to be so...we believe in now and what is waiting for us in the release and approval of the budget. That is a rate greater much greater than the current. [Do you think it's really going to happen this time around?] Yes I do. There is every indication that we are on track this time. The need for money is the key and they need it fast, so yes, we are at the end finally. The PM does not have to be named for this to happen, but the budget and HCL does.
7-31-2014 Intel Guru Mnt Goat Ramadan is now officially over. Eid al-Fitr the last day of Ramadan, a festive day and so it too is also over. Will Iraq now finally complete the formation of their new government? There is one last step to complete it and that is to announce the prime minister. I was told they will complete the new government within days if not hours after the holiday. There are many that say they want to roll this RV out by end of July. I too believe this is true. It has been stated many times since January that this is a target in many articles. I have not heard Iraq say it will be delayed. Can they do it? They seemed to have missed most deadlines/targets in the past and always find a way to deal with the consequences. I am optimistic they will complete it this time.
7-31-2014 Intel Guru TerryK ARE WE READY FOR THIS TO HAPPEN. GETTING WORD WE ARE WITHIN THAT 72 HOUR WINDOW AGAIN.
7-31-2014 Intel/Newshound Guru Poppy3 LIKE I HAVE SAID FOR DAYS ALL IS WELL, JUST LET IT HAPPEN. AGAIN I AM EXCITED AT ALL OUR POSSIBILITIES AND THEY HAVE URGENCY TO COMPLETE IT...
7-31-2014 Newshound Guru Millionday REMEMBER THAT THE RESERVES IN IRAQ ARE NOT BEING TOUCHED AND ARE PART OF WHAT BACKS THEIR DINAR --- THE MONEY FOR THE BUDGET COMES FROM CONTRACTS AND TRADE THAT THEY ARE TAKING PART IN. AS SOON AS THEY ARE INTERNATIONALLY RECOGNIZED AND CBI HAS A BUDGET THAT THEY CAN USE TO TRANSFER MONEY TO WHERE IT GOES. [post 2 of 2]
7-31-2014 Newshound Guru Millionday "...the Parliament sent a modified version of the budget bill to the federal government for approval and then approval in the House of Representatives...the government will send this copy to Parliament early next week to be approved." SO WHAT WE HAVE IS AMENDED BUDGET TO THE TABLE OF THE GOV AND THEN TO PARLIAMENT TO AGREE ON THE CHANGES THAT HAVE OCCURRED. SO THE BEGINNING OF THE WEEK IT SHOULD BE BEFORE PARLIAMENT. THIS IS A HUGE WHOPPER AND FAST FAST FAST AND THE WAY THEY HAVE BEEN WORKING -- IT SHOULD COME RIGHT OUT A LAUNDRY SHOOT. [post 1 of 2....stay tuned]
7-31-2014 Intel Guru Delta [You don't think Maliki, if Iraqi T.V. is accurate about is Presidency, will play the same game he did before proxying himself with all the positions like security etc. and prolonging the formation of the gov't?] YOU ARE MISSING A BIG POINT. LAST ELECTION WAS HARD CUZ ALAWI WAS VERY CLOSE IN VOTES TO MALIKI THAT'S WHY IT WAS A PROBLEM AT THAT TIME, BUT THIS ELECTION STATE LAW HAS 103 SEATS AND THAT'S MAKE THEM THE LARGEST GROUP, THE NEXT WINNER HAS ONLY 30 SEATS. THE IRAQI COURT ANNOUNCED THAT STATE LAW IS THE LARGEST GROUP. SO THEIR LEADER WILL HAVE THE RIGHT TO FORM THE GOV . [Well lets say that Maliki is the PM. It isnt much of a unity govt if StateLaw has both the PM and the 1st Deputy of Parliament. They have gained power- not given it up.] BINGO...... BIG POWER FOR STATE LAW. LAWS WILL GET PASS VERY FAST.
7-31-2014 Intel Guru Mnt Goat Today [Wednesday] Iraq parliament sent a modified version of the 2014 budget bill from the committee to the federal government for approval. Next it was sent to the House of Representatives for approval. So today the really good news is the budget approval has happened in parliament after the members agreeing on all points. Folks we had a passing of the budget for the year 2014. Finally! Do you remember that I...told you that the RV is not dependent on the budget being passed but the budget needs the RV prior to opening it and spending it. I said that when we see the budget passed, the RV will come very soon afterwards, if not just before. We are soooo close to an RV! [post 2 of 2]
7-31-2014 Intel Guru Mnt Goat Today the MP for the Liberal bloc, Riad al-Saadi indicated that the National Alliance has five candidates for the post of prime minister while noting that the outgoing Prime Minister, Nuri al-Maliki, withdrew his candidacy for the post because of political pressure. So after talking to many of my sources I have come to the conclusion that in fact he would still like to have a 3rd term, if possible, but under political pressure he did finally withdrew his candidacy early today [Wednesday]. I still believe that they will take the final vote prior to Aug 5th and they will seat and announce their new prime minister to the world. It could literally happen any day... [post 1 of 2....stay tuned]
7-31-2014 Newshound Guru Adam Montana [you have said in the pass that the CBI is the only one that can rv. Cbi has stated that despite all the problems that IRAQI has that the dinar is still strong. So can't the CBI rv without parliament or a pm?] Absolutely. [With Ramadon almost over, do you believe we will start to see a lot of activity leading to an R/V?] August is going to be an exciting month. 7-30-2014 Newshound Guru Administrator Bob As broadcast on al-Iraqiya TV today, PM al-Maliki has decided not to seek a third term. This also was published on the television network scrolling banner across the bottom of the TV screen.
7-30-2014 Newshound Guru Millionday "The head of the National Alliance, Ibrahim al-Jaafari, the leader of the Badr Organization, Hadi al-Amiri, said Mr. Nuri al-Maliki will not become prime minister in the next government." SO AS WE SEE THEY ARE NOT HAVING MALIKI AS THE NEXT PM AND THAT MEANS THEY ARE CLOSE OR TO THE NAME OF WHOM IT MAY BE -- IMO.
7-30-2014 Newshound Guru Adam Montana Speaking of Kurdistan, there is a pretty big deal going on right now...they currently have a tanker sitting off the coast of Texas carrying $100 million worth of crude. They declared a major victory when they were to offload it Monday, but a Judge put a temporary delay on this. We are currently waiting for the KRG to make their case...and if they are able to offload this shipment and collect that money, they will have won a MAJOR victory! Again putting more pressure on Baghdad, which is good for us. Kurdistan also has a referendum coming up to vote for Independence. I don't see it happening as of yet, but again...all these things are pushing for action instead of complacency and delays. Overall... it's looking like we're in for an exciting month of August! [post 2 of 2]
7-30-2014 Newshound Guru Adam Montana Parliament still working on the budget...that's nothing new, but it appears they are making progress. Maliki has yet to be replaced and is maintaining his role as Prime Minister still. There is nobody likely to get enough support in Baghdad to replace him, so like i've been saying for the last few months...he's probably going to stay. A new name you might want to get familiar with is "Muhammad Fuad Masum", the new Iraqi President. We will still hear Talabani's name as he will still be active in the political party Patriotic Union of Kurdistan (PUK). [post 1of 2....stay tuned]
7-30-2014 Intel Guru Frank26 "URGENT FROM IRAQIA TV: IRAQI PRES WILL ASK MALIKI TO FORM THE GOV AFTER THE HOLIDAY." This is a calculated move! IMO...CBI will NOT WASTE A SECOND IF M DOES NOT EITHER. Pressures must have had many other factors.
7-30-2014 Intel Guru Delta URGENT FROM IRAQIA TV: IRAQI PRES WILL ASK MALIKI TO FORM THE GOV AFTER THE HOLIDAY. MALIKI GOT IT AGAIN AS WE SAID... [Now please let them get the government sat, and pass the laws needed to RV!!] NO LAWS ARE NEEDED FOR THE RV...CBI IS READY, AS SOON AS WE GET THE OFFICIAL ANNOUNCEMENT FOR THE PM WE SHOULD BE GOOD TO GO.
7-30-2014 Intel Guru DC [via Adept1] Things are exceptionally good – really a continuation from Monday. We are waiting on the announcement of the PM for the RV, and everything is in a wonderful spot. It makes sense for these announcements to be wrapped into the end of the religious festival. Bottom line: everybody is extremely excited because they have got to a foundational point for the upcoming turnaround that Iraq will go through. The whole economy will get a huge boost, worldwide. They are just waiting for the IMF to give the word; we understand they have set the time for that, but we are not going to say it. We’re not going to leak that! We just pray everything stays on track. I believe we are at a very, very close point for this to be done.
7-30-2014 Intel Guru TNT Tony [via Adept 1] It is actually done and we are just waiting for the announcement. We’re in place, we are...happy that this nightmare is over for you as well as us, and more happy for you Iraqis because of the enormous changes about to take place in the Middle East. All we can do is watch the clock. I had a call from my cousin who said he wants to sell his dinar, and I just told him “Don’t sell!” Finally, I said, “If it’s still there on Tuesday, then there will be a buyer.” He called me yesterday, and I still told him not to sell. When he sees what it will come out at, he would regret it for the rest of his life. I couldn’t tell anyone to sell, not with what I’m seeing now. We are so close to getting to it...
7-30-2014 Newshound Guru Stryker BREAKING NEWS: "Iraqi Prime Minister Nouri al-Maliki steps down today because of political pressure!" That's is what is coming out of Iraq via seven (7) articles so far already in the last hour but earlier today his State Law Party denied he was doing so. What makes me lean to it being fact is that the State Law Coalition stated that they have nominated two candidates for the PM position; al-Jaafari and al-Shahristani This move would be an attempt to diminish the votes away from the New Coalition that makes up the New National Coalition to try to keep their party in power. ...I have just heard that they are getting close in announcing a single candidate and soon!
7-30-2014 Intel Guru SteveI [What is the next bench mark to watch for!?] ...that would be the budget and the HCL, both of them are a significant key to the financial outcome of changing the value in the near future. All we can do is sit and watch the progress happen like it is. This is so different than what was going on for the past few years, it is now getting exciting.
7-30-2014 Newshound Guru Aggiedad77 Article: "U.S. judge says Kurdish tanker near Texas out of court's jurisdiction" ...the very same judge who Tuesday morning issued the confiscation order for the Kurd oil sitting in the Gulf of Mexico south of Galveston...has basically rescinded her original order, saying the oil is out of the jurisdiction of her court.
7-30-2014 Newshound Guru Tlar The PM will then submit his new government to parliament and parliament will vote yes or no. Things have been moving very fast up until Eid al Fitr which started our Sunday night, and it will start up again tomorrow. I don't look for any movement on the RV until this government is complete and Maliki is out. The outside day is August 8th. That's when the clock will begin on the RV which should be within days of the government being done (Turki a couple of months ago said this - "The central bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country." [post 2 of 2] [To learn more about Drop the zeros project, visit the "Start Here" tab at the top of this page]
7-30-2014 Newshound Guru Tlar Ramadan is almost over and we are in a holding pattern until Thursday as the Iraqi's celebrate the great feast, Eid al Fitr. The NA has been determined to be the biggest block and that argument is over. The coalition has announced they will pick their nominee right after Eid al Fitr...this should come down to Mahdi or Chalabi... Once the NA determines who will be the nominee, al Jubouri (POP) will then reconvene parliament and Masum (POR) will then ask the NA to announce their nominee. At that point we have a government. By constitutional law the new PM will be given 30 days to construct a government which means assign Ministers and choose a Council Of Ministers (COM). I believe mostly because of the severity of the problems facing Iraq and the speed of which this process has been moving, he will fast tract that into a couple of days. [post 1 of 2....stay tuned]
7-30-2014 Newshound/Intel Guru BGG Big News - Maliki lost 22 votes from within his own SLC... - they just moved to the Sadr/Hakim side...not to mention Sharistani's bunch. If this holds true - he's DONE!!
7-30-2014 Newshound Guru Millionday THE BEST PART ABOUT THE PM NOMINATION IS THAT THE PRESIDENT OF IRAQ CAN CHOOSE FROM THE LARGEST GROUP PER THE CONSTITUTION SO NOT WORRIED HERE WITH ALL THE MOVEMENTS WE HAVE SEEN. MALIKI`S PARTY IS NOT THE LARGEST AND HE WILL NOT BE CHOSEN...THAT IS GREAT NEWS TO ME. 7-29-2014 Intel Guru TerryK ITS HERE... NO STOPPING IT... THE PM HAS BEEN ANNOUNCED IN IRAQ JUST NOT IN PUBLIC. WE ARE TO SEE THIS ACCORDING TO SOURCES WITHIN THE NEXT 72 HOURS AND FOCUSED ON THURSDAY NIGHT PROVIDING NOTHING GOES WRONG. ADDITIONAL BONDS HAVE BEEN ISSUED FOR THE TRUSTS THAT WILL ALSO BRING IN THE NEW GOLD STANDARD AND THE RV. WHAT IM BEING TOLD IS A COURIER IS ON ITS WAY TO THE USA TO MAKE THIS HAPPEN. AGAIN REMEMBER WE WENT THRU THIS MONTHS AGO SO TREAT ALL AS RUMOR.
7-29-2014 Newshound Guru Mailman17 THE DISSENSION WITHIN THE RANKS OF THE SOL IS A LONG TIME COMING. THEY HAVE FINALLY REALIZED ITS BETTER TO DISSENT THAN TO BACK A DEAD HORSE (MALIKI) IF THEY INTEND TO HOLD ANY KIND OF POWER POSITION WITHIN THE NEW GOI. MALIKI HAS HELD IRAQ TO A NO WIN SCENARIO AS LONG AS HE WAS IN POWER AND HE USED THAT POWER TO HIS UTMOST ABILITY... THOSE DAYS ARE OVER. THE PEOPLE OF IRAQ WILL GET WHAT THEY HAVE JUSTLY DESERVED FOR THE PAST 40 YEARS...AND WE ALL WILL BE A PART OF IT AND REWARDED ACCORDINGLY. THE MANY RANK AND FILE SOL WILL GIVE THE NA THE LIFT THEY NEED AND THEY TOO WILL BE REWARDED. THE NEW IRAQ IS COMING...
7-29-2014 Newshound Guru Millionday IT IS SO EXCITING...THE MANY THINGS WE HAVE SEEN RECENTLY AND THE CALL FOR THE ENTIRE BANKING REFORM ACTIVATION AND THE LAUNCH OF INDUSTRY ALONG WITH THE REASONING OF THE RETURN OF THE KURD OIL BEING FOR THE SFA -- THE AMNESTY BEING DONE AS WE HAVE STATED AND OF COURSE THE VERY COOL NEWS ON THE HCL -- IS NOTHING SHORT OF EXCITING TO SAY THE LEAST.
7-29-2014 Newshound Guru Stryker Ramadan was officially over yesterday (July 28th) and the celebration known as Eid al-Fitr started last night and will end on Thursday the 31st of July. I am telling you this so everyone knows that the State Law of Coalition (Maliki's Party) has given the National Alliance until the end of the holiday to name their nominee for Prime Minister or they will be named the largest bloc, according to them. QUOTE: "State of Law bloc is the largest number in the event of the failure of the National Alliance to a final agreement after the holiday on a candidate for prime minister" Maliki did sign the National Alliance document declaring them as the largest bloc. QUOTE: "President of the Islamic Supreme Council of Iraq Ammar al-Hakim and Prime Minister Nuri al-Maliki and a number of leaders of the blocks of the National Alliance and was al-Jaafari read the statement, which was agreed upon The announcement was that the National Alliance is the biggest bloc."
7-29-2014 Intel Guru Bluwolf The three key positions that had to be seated are to the fact, once it is published in the Gazette it will be official and the international release shall be a given, all banks worldwide are now expectant of this issue so be prepared. We are already there, I can't furnish anymore details for I was asked not to reveal such information at the present.
7-29-2014 Newshound Guru Mailman17 THE U.S, WORLD BANK AND IMF ARE JOINED AT THE HIP...ALWAYS HAVE BEEN AND ALWAYS WILL. WITH THE EMERGENCE OF A VERY FAST MOVING BRICS...THIS THREESOME IS IN SERIOUS TROUBLE. THEY NEED TO ACT FAST...REAL FAST TO AT LEAST QUELL THIS BRICS MOVEMENT. I HAVE ALWAYS BEEN A 86 CENT MAN...BUT...THEY JUST MAY HAVE TO UP THE ANTE...IF THEY ARE TO SURVIVE THE ONCOMING STORM. THE EU NEEDS THIS DINAR TO BACK THEIR RESERVE VALUE AS WELL AS THE U.S. JUST POSSIBLY 86 CENTS AINT GONNA DO IT...THEY MIGHT HAVE TO GO HIGHER...WE SHALL SEE...EITHER WAY...THEY NEED IT NOW...AS IN YESTERDAY...JMO.
7-29-2014 Intel/Newshound Guru Poppy3 REMEMBER THAT KUWAIT RV'ED IN LESS THAN 4 YEARS AFTER THEIR INVASION AND THE REASON THEY WERE MUCH FASTER THAN IRAQ IS BECAUSE THEY STILL HAD A FUNCTIONING GOI AFTER THE WAR AND IRAQ HAD ZIP THEY HAVE HAD TO START FROM SCRATCH. WE ARE IN AWESOME POSITION AND THIS SHOWS THEY HAVE PLENTY TO RV AT 3 PLUS DOLLARS AND PAY YOU AND I. ANNOUNCEMENT OF PM AND SEATED GOI...FROM THAT POINT FORWARD THE RV CAN BE ANNOUNCED AT ANY MOMENT FORWARD. I EXPECT TO HEAR THE PM ANNOUNCEMENT WITHIN THE NEXT 5 DAYS. MY OPINION ONLY.
7-29-2014 Intel Guru Freeway Bill I am coming to you in what may very well be the last time (we pray) so I have to make it count...The news you are hearing are half truths! The movement you are reading about are half truths! But, do you really think anyone knows enough to lay 100% truth on you? The great thing is that there is enough truth in what you are hearing and reading to be very excited about the progress that has been made in the past few months and KNOW that you are closer to the day you have been waiting on now than ever before IMHO! The RATES don't matter! I promise you it will be enough to curl your hair....(for those that have any). No INTEL here, NO HOPIUM! Just ingredients that based on what I know to be true and mix that with what COULD be true tells me to look toward the heavens and be encouraged...
7-29-2014 Newshound Guru Mailman17 THE NEW PM MOST LIKELY HAS THE NAMES OF HIS CABINET ALREADY PICKED AND JUST NEEDS TO GET THEM IN...THEN THE CBI WILL ACT. AND THAT VERY WELL CAN HAPPEN AS SOON AS HE IS SWORN IN, THE REVAL ALONG WITH INFRASTRUCTURE INCLUDING OIL REVENUE BACK TO THE PEOPLE IS BUILT INTO THE BUDGET. THE NEWLY RATIFIED AND ADJUSTED BUDGET MUST BE IN PLACE FOR THE NEW MINISTERS TO ACT ACCORDINGLY WITHIN THEIR OWN AREA. LOOK FOR THE BUDGET TO BE ACTIVATED AND VOTED IN RIGHT AFTER THE NEW PM AND HIS MINISTERS. AND THAT COULD ONLY BE A FEW DAYS BECAUSE MALIKI WILL BE A FORGONE CONCLUSION. JMO [post 2 of 2]
7-29-2014 Newshound Guru Mailman17 AS MUCH AS I BELIEVE THE CBI IS INDEED READY TO RELEASE THE RATE, THEY HAVE ALWAYS HAD THE MENTALITY EVEN GOING BACK TO SHABS, THAT THEY WILL RELEASE IT WHEN A FULLY FUNCTIONING GOVT IS FORMED. I BELIEVE THAT WILL INCLUDE THE NEW MINISTERS AS WELL. WITH THAT SAID, I ALSO BELIEVE THE NEW PM HAS BEEN HAND PICKED AND JUST WAITING FOR THE POP AND POR TO NEUTER MALIKI. [post 1 of 2....stay tuned]
7-29-2014 Newshound Guru Millionday [will the cards require a rate to go global?] THEY WILL HAVE TO HAVE AN EXCHANGE RATE IN ORDER TO HAVE A VALUE IN PLACE FOR EXCHANGE WITHIN THE GLOBAL SYSTEM IN PLACE FOR MASTER CARD AS WELL. (post 2 of 2)
7-29-2014 Newshound Guru Millionday I HAVE NEVER TOLD YOU ANYTHING THAT SHOWS A TIMELINE OF ANY KIND FOR ANY REASON...HERE WE GO AND IT IS IN INK...Quote: "This card is used for transferring salaries from companies to the card’s account and it can be used in cash withdrawal through all Warka bank ATMs in." THAT IS THE NEW PAYMENT CARD SERVICE THAT WILL BE AT THE BANKS. SO LET ME SUMMARIZE THE REPORT: AFTER THE FEAST --- ALL PAYROLLS AND PAYMENTS WILL BE MADE THEN. THE FEAST WAS TO BE ANNOUNCED TO HAVE BEGUN TODAY [MONDAY]. [when does it finish?] THREE DAYS. [post 1 of 2....stay tuned]
7-29-2014 Newshound Guru Tlar I have stated that I thought this would be over by the end of July and have continued to think that up until very recently. The decisive factor IMO is the government being put together and it becomes really obvious that Maliki is not a part of and the coalition won. It continues to amaze me that the SOL has not broke with Maliki choosing to destroy their own party. Anyway if you will allow me I would like to change my prediction to within days of the parliament nominating a prime minister which means it could take another week...once we see a nominee announced in parliament, my guess is that starts the clock.
7-29-2014 Newshound Guru Chattels ...my sense is that the judiciary has spoken and the same decision that put Maliki in office in 2010 may put him out in 2014, a great irony. 7-28-2014 Newshound Guru Tlar The point I am making is what's changed from 2008 when it was determined back then the currency was worth 88 cents per dinar and the plan was to RV the currency per Shabibi according to the strategic study? I will tell you. Assets, and more assets, and some additional assets. Added altogether and if it were ever to be published on their...website, it is: 100 billion in foreign currency reserves, 120 tons of gold 82 billion released early last Oct-Nov which I think because Maliki had stated he was going to get the money, Turki deposited in BIS, and the additional 180 billion the US just stated was being released in the US of property, financial instruments, bank accounts and DFI funds. Somebody please tell me again how is it that a country that is this wealthy cannot RV their currency? Remember their neighbor next store Kuwait, has less the 40 billion in their reserves and only produces 1.5 mbpd (the same as Iraq back in 2008) and has a currency worth $3.48 USD per dinar? [post 2 of 2]
7-28-2014 Newshound Guru Tlar I hate to keep quoting the 2008 strategic study commissioned by the CBI but it concluded that far back that Iraq with its resources in 2008 could support 1.13 dinars to 1 USD. The reserves were sitting at around 30 billion at the time (not the 100 billion they are today), and they were producing 1.5 mbpd (not the 4 mbpd they are today). No gold had been discovered as of yet and the CBI did not own any gold then (certainly not the 120 tons as it does today. Their was no relationship with BIS with deposits in the billions being made into BIS, and they did not have the other assets reported to be 180 billion which includes the DFI had not been released and earmarked for the CBI due to the fact THEY HAVE BEEN RELEASED FROM CHAPTER VII. [post 1 of 2....stay tuned]
7-28-201 Intel Guru TerryK ALL I’M GOING TO SAY IS ARE YOU READY...REALLY ARE YOU READY...READY FOR THE RV. GET YOUR BAGS PACKED. GET YOUR SHOES ON. ITS A COMING MY SOURCES ARE GOING NUTS. THEY ARE ALL SAYING THE BLESSING IS UPON US.
7-28-2014 Newshound Guru Millionday IT WOULD MAKE NO SENSE TO HAVE GLOBAL BANKING WITH MASTERCARD WITH NO REALITY RATE IN PLACE BECAUSE IT WOULD NOT BE COMPETITIVE OR MAKE IT IN THE MARKET FOR IRAQ --- THEY HAVE BROUGHT IN MASTERCARD AND AFTER THE FEAST THEY WILL BE USING THE PAYMENT CARDS FOR CITIZENS.
7-28-2014 Newshound Guru Tlar It is amazing to what lengths these guys will try to go to. Their new battle plan is to say now that the document they signed along with Maliki saying the NA is the largest block, is a forged document. I think the document they all signed stating the NA is the largest block was most likely signed a while back at least a month ago. At the time it probably meant nothing to the SOL or Maliki because they figured that having 95 MP'S they controlled the NA anyway so there was no reason not to sign it...They never dreamed that this document took total control out of their hands and would be used against them and essentially turned the tide. This document has turned out to be the crux of their downfall. Now that's what I call crossing the T's and dotting the I's and great foresight. Last night was their 28th and Wednesday our day is the day after their 3rd night? EID will be over this Wednesday and they can get back to work?
7-28-2014 Newshound/Intel Guru BGG Article quote: "...A source from the National Alliance, the four-way meeting was held yesterday evening between the head of the National Alliance, Ibrahim al-Jaafari and Parliament Speaker Salim al and Fuad Masum, President of the Republic and the President of the Federal Court Medhat al-Mahmoud to discuss the biggest bloc in parliament..." This article is saying al-Jubouri, Massoum, Medhat al-Mahmound and al-Jaafari met and decided the NA would be the ones to form the next GOI – not the SLC singularly. It goes on to say (translated) Massoum will call the NA to proceed later this week (essentially – based on the Eid al-Fitr timeline). HUGE NEWS turn out the lights Maliki - the party is OVER!!
7-28-2014 Intel Guru TNT Tony [via Adept1] There is a date, a time and a final plan. Everyone has agreed. We’re there. That doesn’t mean it’s in the next 15 minutes, but we’re there. In Iraq, they have met with the incoming and outgoing PM, they have a PM ready to be announced. Hopefully it will be a great day and a great, great week...know that something could happen this week to change the rest of your life.
7-28-2014 Intel Guru DC [via Adept1] Everything looks really, really good and I pray this is the final thing. In Iraq, they are very busy with last-minute agreements. My take is they’ve had the PM now for many weeks.The security situation is going well, too. The CBI is ready...Banks are ready...The UN Security Council is happy with the ministers, and the progress being made. We can see the end in sight and it looks like we’re going to nail it. It looks really good.
7-28-2014 Intel/Newshound Guru Poppy3 BEING TOLD THEY WILL HAVE A EMERGENCY CALLED MEETING THIS WEEK. NOT CONFIRMED BUT A RUMOR FROM IRAQ. [in your opinion do you think Maliki will be gone by the end of the week?] ALL DEPENDS ON WHEN JABORI DECIDES TO ANNOUNCE THE NEW PM. I EXPECT THIS TO NOW HAPPEN AT ANYTIME.
7-28-2014 Newshound Guru wmawhite two to three weeks ago I thought Maliki still had a chance to survive this. However, with al-Sistani speaking up and calling for a change, many within the SoL now have jumped ship using al-Sistani as cover. I believe Maliki is history.
7-28-2014 Intel Guru TerryK THE OIL TANKER FROM IRAQ...THE QUESTION IS WHO ORDERED IT AND HOW MUCH ARE THEY PAYING FOR IT. IF ITS TO THE US PART OF PAYMENT THEN I SAY WE ARE THERE. IF IT IS FOR PRODUCTION TO A PRIVATE GROUP I SAY WE ARE DAMN CLOSE. REMEMBER IRAQ OWES US SO MANY BILLION BARRELS RIGHT...PART OF THE AGREEMENTS.
7-28-2014 Newshound Guru Tlar Baghdad newspaper of integrity: Quote: "Ibrahim Al-Jaafari said in a press statement that "the National Alliance is the largest parliamentary bloc, and not the State of law Coalition," I am posting this because of the importance...it is the crowning document being as al-Jaafrari is not just the head of the National Alliance but he is also part of the SOL (State of Law). The three blocks within the SOL, Jaafari's block, Badr block and the DAWA have all announced they no longer share the same position as the leadership of the SOL. They have by all definition defected as the SOL leadership continues to stand behind Maliki. The task now is to get everybody in the coalition to decide on one nominee. They have honed it down to three, two of which is Chalabi and Mahdi. I think we should have a uniform vote by Wednesday at the latest and it is possible that Jubouri will call them back into session before Friday of next week.
7-28-2014 Newshound Guru Kaperoni In fact, reading the "transition to a market economy" documents...state the central bank must move to the new Exchange Regime prior to opening the Capital Account. Which is great news for us because it gives us a timeline. Also, it make no sense for the CBI to RV prior to moving to a new regime as they would be forgoing profits (which is what the CBI wants) as the dinar rises. No international banks or central banks are going to just take "a leap of faith" on some RV of the dinar at say 1 to $1 rate. This is a much more complicated matter than just some simple RV... As Saleh stated...they want the dinar to be a "hard" currency (which means it must float) and be traded around the world and held in central banks for a very long time. The only way that happens is if the dinar appreciates gradually so the bankers can profit. [post 2 of 2]
7-28-2014 Newshound Guru Kaperoni currencies don't revalue when they change Exchange Regimes, they simply move from one to another. So the current rate is 1166 which means when they enter Article VIII and a new regime it will be at 1166. That being said, it won't stay there long. Every expert that I have ever seen has stated it is under valued which means that it will rise. And if Iraq lines up the economic activities as we stated, it should be like turning on a kitchen facet because once the CBI opens the Capital Account, investment will flow into Iraq and put people to work, new constructions, businesses, etc. Which will cause inflations with a fixed currency...so the dinar must rise as a result of transition to a market economy. [post 1 of 2....stay tuned]
7-28-2014 Newshound Guru Chattels "...a tanker loaded with crude oil from Iraqi Kurdistan currently anchored near the port of Galveston, Texas, and will be subject to a procedural inspection by the U.S. Coast Guard on Sunday before being allowed to unload its cargo." If the ship docks in a US port it would mark not only the first arrival of Kurdish crude oil to the United States but an important victory for the Kurdistan Regional Government (KRG), which has faced challenges in finding buyers for its disputed crude oil. THE OFF LOADING OF THE OIL TANKER IN GALVESTON MAY BESPEAK AN AGREEMENT ON THE EXPORT OF OIL OUT OF KURDISTAN, WHICH WOULD BE VERY SIGNIFICANT I THINK. 7-27-2014 Intel Guru EXOGEN KURDISH OIL TANKER UNLOADING IN TEXAS RIGHT NOW IS SOME OF THE BIGGEST HISTORIC NEWS OF THIS INVESTMENT!!! THE KEY IS IT IS UNLOADING. THAT MEANS IT HAS BEEN PAID FOR.
7-27-2014 Intel Guru TerryK WORD I GOT IS ALL IS DONE, DONE, DONE AND WE ARE TO SEE THIS EITHER TONIGHT OR BY TUESDAY.
7-27-2014 Intel Guru Frank26 [when I saw the oil tanker go to galvinstan tx, it seems that Iraq has gone international and article compliance east to west.] FINALLY!!! These tanker carry oil that IMO Has an IR (International Rate).
7-27-2014 Newshound Guru Aggiedad77 Article: "Kurdistan's oil tanker loaded with a value of 100 million U.S. dollars dock port" As this article indicates Family...this tanker is not yet docked in the US...it is anchored in the Gulf of Mexico..."off the Galveston coast". IMO, if this tanker is allowed to dock in the US that will be sending a strong message to Iraq and the ME as the US position regarding the Kurds sale of crude on the international market will have shifted significantly...it telegraphs the message that the US sees a unified government being put into place...one that will recognize the actions being taken by the Kurds in this "international process"...to me this could be HUGE...whether or not the US allows the ship to proceed to a dock and start to off-load.
7-27-2014 Newshound Guru Adam Montana We are nearing the end Ramadan, and I have feeling things are going to be heating up again real soon! Iraq in general is notorious for not accomplishing much during Ramadan, but this year was a bit of a refreshing change. Here's to good news soon...GO RV!!!
7-27-2014 Newshound Guru Tlar ...the definition of what constitutes the largest block was at issue. It was important to make sure to the coalition that they define that as something other than the SOL. Jubouri yesterday defined the largest block as the National Alliance effectively removing the power the SOL was trying to obtain through the courts by having them rule the SOL was the biggest block. The National Alliance (Shia Party) consists primarily of two opposing groups, the coalition 83 MP'S and the SOL 95 MP'S. (State of Law). The coalition wants Chalabi or Mahdi which are both acceptable to all Iraqi's and are non sectarian. The SOL leadership wants Maliki and has shown no interest in negotiating. Things are moving very fast and things are not going Maliki's way. He is still fighting but becoming more irrelevant every day. Side prediction - Maliki and the leadership of the SOL will be on an airplane heading to parts unknown within an hour of the announcement from the NA of their new nominee.
7-27-2014 Newshound Guru Chattels Article quotes: "The head of the Iraqi National Alliance, Ibrahim al-Jaafary, assured that the INA is the biggest bloc and not the State of Law Coalition headed by the Premier, Nouri al-Maliki." "Habeeb al-Turfi, of the Citizen bloc assured that the Iraqi National Alliance is the biggest parliamentary bloc. Speaking to AIN, Turfi said "The biggest bloc is the INA due to its effect in the parliament and it will be able to nominate the next PM." WOW ! it seems clear now that President Massoum will designate the choice for PM made by the National Alliance then that PM must form and seat a government/Council of Ministers acceptable to a majority vote by the full Parliament within 30 days after designation by the POR (President of the Republic).
7-27-2014 Newshound Guru Millionday Report quote: "new Iraqi Parliamentary Speaker Jabouri, speaking at a press conference following Masoum’s election, called on the new president to “use his constitutional powers to choose a candidate from the largest political bloc." SO THE PRESIDENT HAS THE CONSTITUTIONAL POWER TO PLACE THE PM FROM THE LARGEST BLOCK AND SEEMS TO BE REFERRING TO THAT TASK WITHIN TWO WEEKS. [Do you think they will stretch this out 2 more weeks?] I WOULD SAY NO BY THE CONSTITUTIONAL STATEMENTS BUT WE CAN ONLY WAIT – I DO SEE A SPEED THAT WE HAVE NOT WITNESSED BEFORE WITH ALL THAT ARE IN PLAY -- LAWS -- ELECTIONS -- AND SO MUCH MORE -- IT IS AMAZING TO SEE AFTER ALL THESE YEARS. Quote: “There are a handful of very capable leaders who may emerge as the next prime minister of Iraq. We’re going to have to see this unfold very rapidly over the coming days.”
7-27-2014 Intel/Newshound Guru Poppy3 ...LIKE MY SOURCE HAS SAID THEY HAVE NEVER STOPPED THE MEETING ON HOW THEY WILL MOVE FORWARD AND THEY MEET TILL THEY AGREE ON A PROCESS OR CANDIDATES THEN THEY IMMEDIATELY REPORT THAT TO THE PEOPLE OF IRAQ THEN CONTINUE THE MEETING TILL THEY CROSS THE NEXT HURDLE. JABORI HAS BEEN AWESOME TO KEEP...THE WORLD NOTIFIED OF EVERY DETAIL OF PROGRESS AS HE MOVES THEM FORWARD. I SUSPECT A COUPLE MORE DAYS WILL SHOW MORE PROGRESS THAN WE REALLY EXPECT. WAIT AND SEE HOW HE PULLS OFF REMOVING MALIKI ...THAT...IS THE DAY THE POSSIBILITIES OF SEEING THE RV DOUBLES IMMEDIATELY. TURKI IS SAID TO BE STANDING IN WAITING TO MAKE HIS MOVE TO WELCOME AND ANNOUNCE FINANCIAL REFORM PROCESS.
7-27-2014 Newshound Guru wmawhite ...just keep in mind that once Iraq has a PM and will have a budget very soon...as a government they will NOT be able to function using the IQD unless the CBI steps forward and completes the monetary reforms. In other words, they are showing us their intended time frames...it is now serious for Iraq because they are not protected (financially) by the UN Security Council anymore.
7-27-2014 Newshound/Intel Guru BGG Article quote: "Montadhar T نajem @MontadharN 4h Islamic Dawa Party announces it is supporting Sayd Sistani call to replace the PM position with new name #Iraq" That is MASSIVE NEWS. That is Maliki's inner circle saying they are done with him. I like the news right now... Period. 7-26-2014 Intel/Newhound Guru Tlar Jubouri has just declared the NA is the" largest block" by constituional authority, not the SOL.. That means all of the 178 members of the NA will vote together to pick the PM nominee. Now we are off to the races with the coalition picking off members of the SOL to vote with them before it is brought to the floor for a vote. The coalittion will come out ahead on this because they are in locked step whereas the SOL can't keep their members together. Many in the SOL membership does't want Maliki either. All the coalition needs to bring this to a vote on the floor is 10-15 meembers of the SOL to vote with them. Once they are assured they have them we should see a vote. That way the coalition will control the outcome. The NA, controlled by the coalition, will choose the new PM nominee. IMO this won't take but a few days. SOL - checkmate
7-26-2014 Newshound Guru wmawhite I am happy knowing that the necessary events are happening in Iraq and they will never do the things they have told us they are going to do unless the status of the IQD changes.
7-26-2014 Intel/Newshound Guru Poppy3 I AM ...THANKFUL WE ARE IN THE LAST FEW DAYS OF THIS JOURNEY. FINANCIAL REFORM LAWS HAVE BEEN COMPLETED AND THE CBI IS READY TO TURN THING LOOSE.
7-26-2014 Newshound Guru Tlar [Are you expecting this to go to the federal court?] Not sure yet if that will be necessary but it could come done to a legal definition. It is not over until it is over meaning a new PM nominee that is acceptable to all. This issue "largest block" is a contentious issue and I don't see it resolved yet until either the courts make a ruling or the SOL has enough defections come over to the coalition as to effectively change the dynamic within the NA to allow for the coalition to present its nominee. That is why this may end up in the courts whether they like it or not. I hope I am wrong but if the SOL has the legal right to call the nominee, this won't be over for months if this year at all. [post 2 of 2]
7-26-2014 Newshound Guru Tlar Article quote: "...the swearing began talks on forming the next government amid controversy over naming the largest parliamentary bloc." it comes down to this. Who's interpretation will the courts go with and what determines the biggest block. Maliki's interpretation or the coalition (Jubuori). Jubouri says it is whoever has the most MP'S on the day they vote and Maliki continues to insist he won the election and they are the owners. Let me simplify. Jubouri will win this argument in the court if they will hear the case and make a ruling and when they come to that conclusion through the courts, the coalition will by pass the SOL altogether. The SOL as a political party will have committed suicide and will become irrelevant altogether maybe even no longer existing as a major party. Constitutional interpretation will determine how this ends. Very nice job Jubouri. [post 1 of 2....stay tuned]
7-26-2014 Intel Guru EXOGEN The prime minister is already in place. Just like the Kurdistan BUDGET is COMPLETED! See the new President in IRAQ will make the announcement of the NEW Prime Minister. That is why it was so important to get the President seated for the process to WORK. Most Iraq news articles are DAYS old. Our contacts in Iraq get us information before it becomes an ARTICLE. And if you do not have global FINANCIAL contacts you will not get what is going on with the BANKING side. Just like the 15 countries who just TRADED and used IQD 48 hours ago to save their ECONOMY or SEE rates on BANK Screens in REAL Time. WHERE ARE WE? DAYS LEFT!!
7-26-2014 Newshound/Intel Guru Arthur The constitution stipulates they now have 15 days from Thursday to name their PM. This morning Grand Ayatollah Sistani said in no uncertain terms that Maliki must go one way or another for Iraq to remain within the specific time constraints of the constitution. Their recent TV newscast have consistently reported to their citizens that the security threat is diminishing and the newly formed special committees will immediately ratify a budget in conjunction with the necessary laws to allow the CBI to initiate the necessary economic reforms up to and including the deletion of the zeros otherwise known as the revaluation of the Iraqi dinar. Based on newly acquired top level intel the new confirmed window for the CE/IR/RI/RV is Monday July 28th thru Friday Aug. 8th. [post 2of 2]
7-26-2014 Newshound/Intel Guru Arthur There is absolutely no delay or holdup whatsoever. Things are going exactly according to the specific time constraints as outlined by the PTB via Kerry and Biden weeks ago. We are still well within the parameters set by the AOP. We are actually 6 days ahead of schedule. All of the major players in Iraq, the United States and Britain are ecstatic about the speed and efficiency of the political and economic progress of the newly formed government. The Maliki problem was dealt with by Jabouri and McGurk in a meeting with Hakim and Sadr the results of which will be announced shortly. They are also dealing with a major ISIS offensive which is being squashed in real by the PTB special ops. [post 1 of 2....stay tuned]
7-26-2014 Intel Guru TNT Tony [via Adept1] Speaker has been announced publicly, and the President as well. All the positions have been selected, and it just hasn’t been made public for the PM. That means we only need one more person before we get the RV. I don’t think it will take months for that to happen. We feel good with everything we’re hearing over there and over here. We’ve heard several people say they want this to go to the 1st of January. As far as I know, almost everyone wants to get this done right now. [As far as dinar and dong go, you don’t think it will go past October?] I don’t think it’s going to go past this month! Are there people still trying to drag it out? Yes, but right now we are looking good. We hope this is the great weekend you’ve been looking for the last ten years.
7-26-2014 Intel Guru DC [via Adept1] In Iraq...everybody is happy there is a President and Speaker of the Parliament. The PM is selected but not public. The ISIS continues to be routed, and normal political stability is actually working. Everyone is ready, announcements have been made about announcements, and recordings have been done. They are just waiting for those to go out for the RV notices. Many organizations are physically represented in Iraq now, helping out with various issues including the RV. It’s really hot in Baghdad right now! In DC the IMF is ready and coordinating timing on this event. Once the PM is announced, it will be really hard to stop this thing from happening. [Is dong going to have a contract rate?] They are definitely giving a a contract rate for the dong; There are two contract rates for the dong...we just don’t know how prolific it will be. [ Do you think they will announce the PM in the next couple of days?] They have planned the celebration to do that now, but it does have to be coordinated through the IMF and others because the announcement and RV are supposed to occur at the same time.
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7-25-2014 Intel/Newshound Guru Tlar I am convinced with the people I know who are participating that this is a real thing happening behind the scene, all across the country either being organized by the bank itself or the Treasury. It can no longer be kept quiet because it has taken so long people like me with loose lips are beginning to get the word out. This is a behind the scene deal done at a whole different level that the branches who most likely have no knowledge of it being done. So don't walk in to a bank with this story or you will get a blank stare. If it was someone else telling me this story, I don't think I would believe it either. So I understand everyone's skepticism. No problem…My expectations are that the actual buyout is not this Friday, but we are close. [Post 4 of 4 ]
7-25-2014 Intel/Newshound Guru Tlar …With a push of a button and a quick phone call, the buy is accomplished without a visit to the bank. Plus there is no negotiation for the bank because everybody who has already pre-agreed to sell their dinar somewhere between 3 and 4 dollars and the bank can charge them full fees… fees of 5% or more is a boat load of money the bank will make on this. I see them trying to lock in the business. [Post 3 of 4 Stay tuned for the rest of the story]
7-25-2014 Intel/newshound Guru Frank26: … We feel the IR ( International Rate) is ready ...Been ready ...But there is No One to delivery it to. LOOK ..... STUDY Turki's FIRST sentence in this article. Grasp the understandings under which conditions/parameters Turki WILL lift the 000's. The Steps we are seeing right NOW are the vital signs to an IR. 02/05/2014 12:04 BAGHDAD: The governor of the central bank and agency Abdel Basset Turki, saidFriday that the project raise zeros from the Iraqi currency will not be applied, except in the case of the stability of political and economic situation of the country, denying the issuance of a new decision of the Bank in this regard. said Turkish for "tomorrow Press "...
7-25-2014 Intel/Newshound Guru Tlar …I personally talked to the guy and he was no starry eyed dummy. So I called my contact who would not give me the rate but said he knew the rate. I told him it was $3.71 and he asked me who it was I heard that from…He was absolutely astonished that I knew the rate but he confirmed it, $3.71. ...So putting everything together I have come to two conclusions. These banks stories we have been hearing…probably have some substance to them. But the fact that most are reporting that the bank is offering between 3 and 4 bucks with no guarantees as to fees or costs, and people can't wait to jump in. It makes sense to me because it removes those people from showing up at the bank with thousands of other people on d-day waiting to be cashed out…[Post 2 of 4 stay tuned for the rest of the story]
7-25-2014 Intel/Newshound Guru Tlar I have always thought it [rate] would be 1.16 or .86 cents. I am as baffled…because it is much higher than I have ever thought. I even went through the thinking process of how they could justify the 86 cents. But I have now heard from too many people with dinars at banks waiting on being funded between $3.00 to $4.00 and one person …knows the guy who will sign off on the buy from B of A once they get the ok from the Treasury. ...another person, a twenty year friend…was having a lunch with a business associate and they started talking dinars for the very first time. My friend is a retired CFO of a company here in Dallas. His friend, another accountant type, told him he was in a group that had deposited their dinars (over a billion) with another major bank and was expecting to be cashed out today at $3.71. I personally talked to the guy... [Post 1 of ??? stay tuned for the rest of the story]
7-25-2014 Newshound Guru Millionday [they seem to be getting on with so much, ports, banking etc but when do you think they will get to the point where they can't do anymore without rving?] they claim to be activating the economic reform and that includes the monetary reform...the timeline is up to them but they certainly are preparing with the passage of many laws and the market as we have seen. this is not a bad time to be following the news to say the least.
7-25-2014 Intel Guru Mnt Goat I checked in with my CBI contact too today and all is ready to rollout the final parts of the international rates to the world. They are just waiting for the “go ahead” from the USA UST and the UN. The current outgoing GOI no longer has any influence. However they would like the NEW PM to sign off on it when seated. So I think these are all good signs that we are very close. I do not believe we will see any RV this weekend. [post 2 of 2]
7-25-2014 Intel Guru Mnt Goat The next session date announced by Al- Jabouri yesterday simply stated the adjournment of parliament is until August 5th. He did not mention that they would be voting on the prime minister at that time. This leads me to believe strongly that he intends to call in another session prior to August 5th if and when they get all to agree on the candidates for prime minister. I think the Aug 5th date is just the farthest out target date being that it is just 3 days from the 15 day constitutional limitation. This also leads me to believe that in fact, as of today, this is not a done deal...The RV is not going to happen this weekend! [post 1 of 2....stay tuned]
7-25-2014 Intel Guru Delta THE STATE DEPARTMENT AND WASHINGTON TIMES ARE WRONG!!! MALIKI WILL WIN IT AGAIN... I WILL BET STATE DEPARTMENT ALL MY DINARS. WE SHOULD KNOW ABOUT PM NO LATER THAN 08/09.
7-25-2014 Newshound Guru Millionday Article: "news agency "Reuters" Thursday 24 \ 7 \ 2014 data from the satellites tracking the movements of ships, showed that a tanker carrying crude oil from the Kurdistan region after only two days of access to the port in the United States." Quote: " Carlos Pascual, head of the Office of Energy of the U.S. Department of State, told Reuters, that "there is no change in Washington's policy toward the Kurdish independent oil sales..." IF THE US IS AGAINST THE KURDS GOING AGAINST THE RULES OF THE CONSTITUTION AND THE FED GOV ON OIL -- THE HCL MUST BE ON THE WAY, IMO.
7-25-2014 Newshound Guru Tlar The PM position is a tricky one to resolve. Nobody envisioned that the SOL leadership would still be backing M [Maliki] by this point. Everybody has tried to get him to quit yet he hangs on. He just tried to get the courts to declare the SOL as the largest block. It is not. Also they are still meeting. The news coverage makes it sound like they have adjourned because that's the way Jubouri wants it. You can forget the August 5th date. That also is there as a backstop date and as soon as this issue is resolved, they will call for the nominee and vote. This should be over before August 5th. I have some pretty strong evidence IMO to support my view that the rate will be on the upper side of $3.50. We need a budget and a PM and an RV, period. All three are within sight and are being done while we watch. We are so very close. IMO it would take some extraordinary unforeseen event to stop this at this point. This has been well planned out. We are seeing the finish of this investment everyday now.
7-25-2014 Newshound Guru Administrator Bob Over the last several days dinar or banking articles have begun to surface indicating that once again economic experts are pushing for reform. As well, parliament elected the President of Iraq which sets a timetable of 30 days or less to chose the next Prime Minister.
7-24-2014 Intel Guru Blaino We still hear the supporting events that will usher in the gcr, re-val, etc., could develop within the coming week! Apparently, the currency speculators among us may have reason to be truly excited from what we are hearing. Some are saying that the completion of the seating of the new government and officials are the final pieces to the puzzle that will usher in the new Iraq, including its position as the country with the highest asset backed currency value on the planet. Some of our intel purports a sooner rather than later stance...
7-24-2014 Intel Guru EXOGEN Based on Iraq Constitution they have 15 days, but we seriously doubt it will go that far because everything is completed already behind the scenes. NONE OF OUR INTEL CONTACTS HAVE SAID IT WILL GO ANOTHER 15 DAYS.
7-24-2014 Intel Guru Okie_Oil_Man review my post as of yesterday. I am going through my pre-landing check list as i speak.--will post more later...
7-24-2014 Newshound Guru tlm724 Article: "Formation of a committee to resolve the budget in 2014" noting that the committee is required to submit its report on the budget within two weeks from the date of its formation ...*hallelujah* I like seeing Jubouri putting time limits on things! He is cracking the whip!
7-24-2014 Newshound/Intel Guru BGG Article: "Alsumaria News / Baghdad Voice of Iraqi Council of Representatives, on Thursday, on the choice of MP Fuad Masum, president of the Republic of Iraq by a majority vote of those present..." this is REALLY looking good. Jubouri has this thing in high gear...the Aug 5th date is for vice-Presidents (to Masum) then PM is sometime after that.
7-24-2014 Newshound Guru Adam Montana [Iraq waited too long to RV didn't they?] I don't believe so at all. In fact, the opposite - if they had RV'd too soon they could have severely sabotaged their ability to maintain the new rate, and that wouldn't have been good for anyone.
7-24-2014 Newshound Guru Stryker After a long day in Parliament Iraq has a new President and his name is Fuad Masum, a well respected Kurd with the vision of a National Non Sectarian Unity for Iraq. Article Quote: "the constitutional period to choose a prime minister is 15 days after the selection of the president." 15 Days Now To See A New Prime Minister...Now the Speaker of the House of Representatives calls on the new elected President to announce the largest bloc and for them to assign their nominee for Prime Minister. Parliament will reconvene on the 5th of August to vote in a new Prime Minister. We are now down to days and not months, when we see a new government formed completely that will implement many changes in Iraq. With the right GOI I believe Turki will finally be able to launch the project that will change the lives of many in the world.
7-24-2014 Intel Guru Mnt Goat I also believe, and so I am also hearing from my sources, that the budget passing and opening must coincide with the prime minister being seated and with all his cabinet. Remember the RV does not depend on the budget but the budget needs the RV when opened...technically the budget must coincide or come later than the RV. However I do not think they want to delay the budget anymore than they have to and so they are also trying desperately to coincide the two events. This is why we are hearing now the great rush to get the budget passed... I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. [post 2 of 2]
7-24-2014 Intel Guru Mnt Goat Voting for the new Iraq president is now done and that makes two out of the three presidents now seated. Fuad Masum wins the post of President of the Republic of Iraq. We now await for the speaker to announce the next session when they will vote for the new PM. When this occurs, and if successful, we will be in an excellent window to finally see the international rollout of the IQD. The question I have now is – What is the new target date for voting on the new prime minister? [post 1 of 2....stay tuned]
7-24-2014 Newshound Guru Tlar a vote was taken in parliament and the Kurdish nominee, Faud Masum was elected to be President of Iraq. They are in the process now of electing his VP's, a Shia and a Sunni, and then by law he has 15 days to nominate the Prime Minister position. In reality that should not take 15 days as the deal for Prime Minister is kind of like the deal was for the Presidency in the coalition. It is more likely he will nominate the PM position late today or tomorrow. Jubouri is pushing this along very quickly. No word yet as I write this whether Maliki has officially resigned. Also no word on the budget as of yet... Its all good and just as we had hoped for...this will be over soon. I personally think parliament will reconvene before August 5th but that is just a guess and I know it goes against logic seeing as how the parliament has officially adjourned until then. There is still work to be done.
7-24-2014 Intel Guru Mnt Goat From my perspective everything now in the election process has settled down and we are seeing real progress and its all on track. Remember that technically the IQD has already revaluated in- country and we are just waiting for the final rollout to the international financial sector. The CBI has stated many times that they fully intend to complete the rollout process in the coming weeks and so I believe this is their intent and I see no reason now (with more and more stability in Iraq everyday) that this would not happen according to their new plan. Iraq can not move forward in all the required financial sectors of the international community with the lowest artificial currency rate they have had in 50 years. Things can now move forward quickly and will. [post 2 of 2]
7-24-2014 Intel Guru Mnt Goat They must choose a president within 30 days of electing a speaker. The clock started ticking on 7/16. I believe they will have the president announced tomorrow 7/24, as advertised. They will then tell us the date for the next session to vote on the prime minister. They must nominate a new prime minister within 15 days of the president's election, so this will bring them to a constitutional deadline to seat the PM by around the first week in August. I strongly believe they will have a vote in the next session which will be a week from today 7/23 and not have to wait till August. The PM will be seated at that time. [post 1 of 2....stay tuned]
7-24-2014 Newshound Guru Tlar Parliament did not waste the time though because Jubouri went right to work on the budget setting up committees to make sure it is ready quickly. He became my hero today...he has only been in office since last Sunday and he is pushing everything along as fast as humanly possible given all the roadblocks Maliki and the SOL keep throwing at him. Of other note it appears Maliki has finally resigned per an article that came out late today... We are attempting to get verification from other sources but it looks to me as he finally is out of the picture. Things are going very well and it is even expected that the nominees for PM will be introduced tomorrow [Thursday] by the new President. Things are moving very quickly. I am keeping my fingers crossed that this is almost over. [post 2 of 2]
7-24-2014 Newshound Guru Tlar Jubouri postponed the introduction of President Nominees and the vote on the vote 24 hours. He did this because the Kurds had 2 nominees and Jubouri did not want to see the potential for a screw up in votes. Jubouri not wanting to take that chance, postponed the vote 24 hours with instructions to the Kurds to come back with a single nominee. So this afternoon the Kurdish block voted by themselves in secret ballot to choose a nominee that represents all Kurds as the nominee for president. Smart move by Jubouri. The Kurds are now prepared and they can have the vote in parliament tomorrow assuring that the SOL's nominees will loose and the Kurdish nominee will get the PM job. [post 1 of 2....stay tuned] 7-23-2014 Intel Guru Okie_Oil_Man HOPE THE INFORMATION FURNISHED ME JUST LATELY IS ACCURATE. I AM ONLY A MESSENGER.--INFORMATION STATED TOMORROW OUR BLESSING SHOULD APPEAR...I HAVE RECEIVED SO MANY FALSE SCARES PREVIOUSLY THAT IT IS HARD FOR ME TO ACCEPT REALITY WHEN IT IS PRESENTED TO ME. AS OF RIGHT NOW I AM VERY THANKFUL AND ANTICIPATE TOMORROW AND WILL RECEIVE GRATEFULLY OUR BLESSING. AS ALWAYS----TIME WILL PROVE INTEL---
7-23-2014 Newshound Guru Stryker The Speaker of the House gives the Kurds 24 hours to pick one candidate for President. Parliament's 5 session will be held tomorrow to vote in A new Iraqi President. The Speaker of the House votes on a temporary committee to pass the 2014 Budget.
7-23-2014 Newshound Guru Chattels Article: "Parliament forms committee to speed up endorsing Budget Law Wednesday, 23 July 2014 20:59 Baghdad (AIN) -Parliament approved forming a committee to speed up the ratification of the budget law draft. Parliamentary source said to AIN "The parliament has voted on a proposal to form a committee to follow up the endorsement of the budget." it is the first article that i have seen confirming that a committee has been formed. [When is the deadline to chose a POR and/or PM?] there is some talk of a deadline for the Presidency on tomorrow and the PM 15 days thereafter.
7-23-2014 Intel Guru Tony [via Adept1] They said they would announce the President this morning and now they are saying they will do it on Thursday or Friday. They are announcing that on the news. Yesterday they said there was a new PM, but didn’t say who it is. This morning they went in to take the Parliament vote; it was delayed two hours. We are waiting for the results now. Obviously things are great and we’re excited where they are. We are hearing nothing but good information at this time. There is a plan and everyone is happy with the plan. They are determining the timeframe with a few tweaks to make this happen.
7-23-2014 Intel/Newshound Guru Poppy3 MEETING TODAY IN GREEN ZONE OF BAGDAD DID NOT CLOSE TILL AFTER 9PM THIS EVENING. THEY CONTINUED AFTER THE OFFICIAL MEETING WAS OFFICIALLY CLOSED AT 4:30 PM. THEY ARE THERE TO MAKE AGREEMENTS AND MOVE FORWARD IN AGREEMENT WITH WHAT WILL BE DONE TOMORROW...THIS IS AWESOME AND IS ALL POSITIVE. ... I USUALLY DON'T GET THE INFORMATION TILL LATER IN THE AFTERNOON BUT THE SOURCE THOUGHT THIS WAS VERY TELLING THAT THEY WERE ALL STILL BEHIND CLOSED DOORS. THE COMPLETION OF THE GOI MAY BE OVER AS SOON AS TOMORROW. THEY ARE MAKING PROGRESS AND PUSHING FORWARD, WOW... BE READY FOR THE END OF THE MONTH.
7-23-2014 Intel Guru DC [via Adept1] There was a bad bombing in Baghdad and that delayed Parliament, but we should still get some announcements today. Parliament, CBI, border security are all ready. Maliki is physically in Iraq, and would like the honor of doing the RV announcement, but will probably not get PM or anything else, so he is pushing on issues relating to the announcement. The CBI is connected to all the banking systems, and everything is ready in Iraq. They are just waiting on announcement times. The UN Security Council is happy with all the people selected, like they were last week as well. In DC, everyone is ready at the IMF and the UST... Everything is nicely tuned up and waiting on the announcement of the RV and the Presidency and PM. They should occur at the same time or close to it. There are official plans ready to be implemented, and we just have to see how those turn out.
7-23-2014 Newshound Guru Adam Montana To further address the issue of moving forward in picking a PM, forming government, and just general progress - Ban Ki-moon (United Nations Secretary General) will be in Baghdad tomorrow. While we obviously don't have an RV yet, the big picture remains one of progress and resilience. As we approach the end of Ramadan and we continue to see positive action in Parliament/GOI/etc, I continue to stay hopeful that we're on the edge of something big, and soon. [post 2 of 2]
7-23-2014 Newshound Guru Adam Montana Forward motion on the budget, which says to me that in spite of the issues with ISIS and lack of a chosen PM, Iraq is still moving in the right direction. One of the questions I'm getting a LOT is "Do they even have to ever pick a new PM?!" I guess they don't have to make any kind of decision, but they are moving forward with the process and it's on pace to be done around the end of the month, which is also right in line with end of Ramadan. [post 1 of 2....stay tuned]
7-23-2014 Newshound/Intel Guru BGG To review: Parliament has been sworn in. There is a new Parliament, there is a new functioning government. They have taken some positive steps & they may move farther than anyone believes tomorrow [Wednesday] or shortly after. I believe Maliki had the 100 people nominate themselves for the President of the Republic to somehow game the system and if you have to resort to "game the system" tactics then you are not in very good shape. They are doing a secret balloting and it is critical to the process. I think this is how they will get rid of Maliki. They don't want anyone being intimidated. I am very encouraged. We are in the waiting mode right now. We are waiting for the President of the Republic & soon after the PM nominations. Once the POR and the PM are seated we should see economic reform and currency reform shortly after.
7-23-2014 Newshound Guru wmawhite ...it is not that the rate is in the budget...instead, the status of the IQD has to change in order for the budget to be effective.
7-23-2014 Newshound Guru Kaperoni Article: "Parliament will vote on the four candidates for prime minister" This is the time when Maliki is at his best. Some of these new MPs will get a cash gift tonight. Or, some of the MPs will be told their wifes and children could be missing tomorrow. Having a vote in parliament that includes Maliki's name is not a good thing. Where something can go wrong it usually does.
7-23-2014 Intel/Newshound Guru Poppy3 THERE MAY BE TIME ISSUES BUT WE ARE IN THE FINAL STRETCH OF OUR WAIT...THE NEWS TONIGHT SAID...THINGS HAVE BEEN AGREED ON FOR TOMORROW [WEDNESDAY]. IT WILL BE A VERY ACCOMPLISHED NEWS. GET READY FOR TOMORROWS GREAT NEWS...HUGE STEPS WILL HAPPEN TOMORROW. 7-22-2014 Newshound Guru Tlar That event being the budget itself being made retroactive back to an agreed specific start date. That date could end up as January 1st or April 1st. It makes no difference given the importance of the project. Once the budget is passed I believe we will see the RV but that is based on what the Finance committee told us in November of last year about how they wrote the budget. I believe for the first time the RV and budget are together also acknowledging this is the first time ever we were told in advance that the budget for 2014 was written in a rate different from the 1166 we have come to know and love by the guys who wrote it. [post 3 of 3]
7-22-2014 Newshound Guru Tlar Why would they write a budget that is for a different value than the value of the present dinar? To coordinate the budget with the CBI's change in value of the currency is the short answer. The CBI and the Finance committee have been planning this project since 2010 and it would make sense that they would work together using specific amounts and specific start times based on dates or events. It is my belief this is now based on an event more than a date because the date is a moving target and passing the budget will be a fixed event. [post 2 of 3....stay tuned]
7-22-2014 Newshound Guru Tlar I will tell you what I believe...The Finance committee wrote this budget. They told us in three articles in November of last year that they wrote it at a different rate for 2014 than the 1166 that the dinar was at. They also stated based on the new rate they sketched out the 2015 and 2016 budgets...this is the first time we have ever seen in articles them stating that this budget has a different rate change in it. If it does have a rate change then logically the dinar value has to equal that change because this is Iraq and their budget will be written in dinars. It is vital that the budget and the money reflect the same value. [post 1 of 3....stay tuned]
7-22-2014 Newshound Guru wmawhite [Why would they build this economic infrastructure to operate at 1166 forever?] actually, Iraq can never do those things/investment that Iraq needs at 1166...there has never been enough IQD printed to pay the world at 1166.
7-22-2014 Newshound Guru Tlar ...if they can do two readings of the budget this week as Jubouri wants to do we will be in a good position to RV. Keeping my fingers crossed.
7-22-2014 Intel/Newshound Guru tman23 I believe 110% we are going to see a POR elected tomorrow...No Delays into August...But of course we will know in less than 36 hours! [posted @ 2:39 PM]
7-22-2014 Newshound Guru wmawhite [i think folks are getting upset wondering about this investment...some are thinking its gonna be a long time or not at all...what can you tell us please?] when I invested Dr. Shabibi would never ever tell me the date nor the rate. Of course, I never had the opportunity to ask him. However, starting last June and leading up to the removal of sanctions, Iraq spoke a lot about returning their currency to greatness. Nothing has changed. Each day it becomes more and more important for the CBI to move forward with the IQD. [...they just need to revalue their currency then, huh?] yes they do! It is a timing issue now...not an "if" issue.
7-22-2014 Intel/Newshound Guru tman23 "Legal expert known as Tariq Harb, was ruled not to be a Parliament session to vote on the election of the President on schedule on Wednesday after completing numerous actions, and said that the election of the President of the Republic will not be on 23 July but in August..." Appears that many don't want a vote taking place on Wednesday for the POR...It's going to be a huge Wednesday in Iraq...
7-22-2014 Newshound Guru Aggiedad77 Article: "The province decides to pay the salaries of its employees in U.S. dollars instead of the dinar" this is BIG NEWS IMO...it proves the Kurds have actually taken control of the money...the revenue that has been generated from the sale of their oil earlier in May and June...if they are paying in USD from what was in the Turkish banks...once again they thumb their noses at the Baghdad government... specifically to Maliki's government.
7-22-2014 Newshound Guru Tlar More good news... Jubouri is trying to get 2 readings done this week on the budget. At the speed he is going he might even do them on the same day setting up a vote to follow the readings. By Iraqi law for a bill to become law as in the budget, it must have 2 readings, then a vote, then be published in the Gazette. I will watch closely and report any progress on the budget. It is my belief that if the budget is passed and the President and VP's are seated, Turki will pass monetary change. The PM position is going to go to the coalition but it must be seen as a peaceful transition of power and may take a little longer but because of the overwhelming superiority of the coalition numbers it will come out right. I believe if all goes well tomorrow, Turki and the international folks will probably consider it done. [post 2 of 2]
7-22-2014 Newshound Guru Tlar Tomorrow is shaping up to be very interesting. Jubouri the new POP is making some super moves. He is in the process of changing the rules of procedure to make sure this is not dragged out. He is being quoted that there will be a vote on the Presidency tomorrow. I believe they are being coached in the parliamentary system by the Brits.. They are having meetings with them and the moves they are making are artful while still staying within the boundaries of the constitution. The presidency will go to the Kurds as it is part of the overall deal to diversy and be inclusive. The Kurds may actually end up submitting two names but Salih will be the one that Barzini favors. I expect we will see a new president an 2 vice presidents by tomorrow afternoon. [post 1 of 2....stay tuned]
7-22-2014 Intel Guru tman23 Tomorrow (Wednesday) Parliament is going to vote for the POR by secret ballot. The Kurds have been directed to introduce one nominee, thus a reason for Mustafa and Barzani to visit Talibani today. Barham Saleh was selected and agreed to by Barzani and the USA to be the POR 18 months ago. That said; IMO, if Saleh takes the POR post the "plan" is in motion and on track to what was coordinated 18 -20 months ago...Tomorrow we just may see the SOL nominations for PM...which will be between Tariq Star and Shahristani.
7-22-2014 Newshound Guru Millionday [Is it not correct nothing will happen with the rate until maliki is totally gone?] I HAVE NOT SEEN THAT IN INK FROM CBI – THEY HAVE THE ABILITY TO CHANGE THE VALUE AND SET THE EXCHANGE RATES WHEN THEY WANT TO NOW THAT THEY HAVE APPROVAL OF THE MONETARY POLICY THEY HAVE IN PLACE... [Is it your opinion this will be a float or a fixed rate?] I BELIEVE THAT THE BEST FOR IRAQ WOULD BE A MANAGED FLOAT FOR AT LEAST SIX MONTHS BUT...THEY HAVE NOT RELEASED THAT INFO YET. [where do u think a managed float would start at monetary wise, IYO?] I DONT KNOW THE RATE BUT WOULD THINK THAT A 2% FLOAT ONE WAY OR THE OTHER WOULD BE THE MANAGED AMOUNT IF IT GOES HOW IT LOOKS TO ME TO BE THE BEST RESOLVE BUT DONT HAVE THIS IN INK... [post 2 of 2]
7-22-2014 Newshound Guru Millionday [considering they are transforming to a new market, what is the suspected time line for a reality rate adjustment to meet the transition...?] WHEN THEY MOVE TO A GLOBAL MARKET ECONOMY THEY WILL HAVE TO HAVE A PRICE FOR THE DINAR THAT IS A REALITY AND CALCULATED VALUE FOR THE PRICING INDEX IN THE COUNTRY AND ALSO THE ISX AND ESX AND ALSO THE GLOBAL MARKET FOR EXPORTS AND IMPORTS AS WELL. [Its very little doubt we’ll see a rv in July?] I DONT KNOW THE DATE BUT SEE THAT IT CAN HAPPEN AT ANYTIME – NOTHING IS KEEPING IT FROM MOVING FORWARD WITH THE INDEPENDENCE THAT CBI HOLDS – AT THE SPEED THEY ARE GOING IT HAS TO BE PUT IN PLACE TO MOVE TO THE MARKET ECONOMY THEY ARE TALKING ABOUT AND ANNOUNCING TO THE CITIZENS. [post 1 of 2....stay tuned]
7-22-2014 Intel/Newshound Guru Poppy3 RAMADON ENDS ON THE 28TH AND THEN THEIR BIGGEST HOLIDAY, WHICH IS GIVING DAY, IS THE 29TH AND NO ONE WORKS ON THAT DAY. IT'S LIKE THEIR CHRISTMAS AND THEY GIVE GIFTS ALL THAT DAY TO ONE ANOTHER. PERHAPS THAT GIVING WILL INCLUDE YOU AND I THIS YEAR.
7-22-2014 Newshound Guru Aggiedad77 Article: "Finance Minister calls for passage of the budget as soon as possible" The Iraqi Finance Minister is calling for Parliament to make the budget its highest priority.....the applicable committees need to get into high gear to make this happen.
7-22-2014 Newshound Guru Millionday they are stating that the budget will be addressed wed [Wednesday] along with the presidency...they have said that the two readings are done and they were considering with some very important laws just to vote them through and listed the budget as being one of them -- so if they dont change their mind they may just vote it through -- the constitution gave them 30 days from parliament seated to have PM in place and 15 days from elected in officers of parliament which is the 23rd if i remember right.
7-22-2014 Intel Guru tman23 Article quote: "the Liberal bloc MP revealed Friday the Diwan, on Monday, that his vote on the Kurdish nominee for President of the Republic, with the nomination of Chen represents the State of the law and does not represent the national coalition." AGAIN THE SOL ATTEMPT TO CREATE A SITUATION THAT THEY CAN DELAY THE ELECTION OF THE PRESIDENT BY ADDING A CANDIDATE AND PULLING VOTES SO NO CANDIDATE HAS A MAJORITY TO BE ELECTED. 7-21-2014 Intel Guru DC [via Duke] ...we understand every position is picked out and ready to go. The UN Security Council is okay with everybody they've picked. They are waiting for specific timelines - 2 they are working on. They have been trying to hold off until the 3 main positions are released. CBI, new speaker, PM, etc. are all ready. Iraq is ready to go....they have been ready. It's now just a coordination schedule with everyone else. There are a little bit politics being played about when it gets revealed. Quite simply, that's what we're waiting on. It could be anytime now.
7-21-2014 Newshound Guru Tlar He has attempted to borrow from the reserves on numerous occasions the last time being when the 2014 budget wasn't passed, he wanted to borrow the money to keep the government running. He has a history of attempts to get his hands on the reserves and it is my belief that Turki got therm out of the country to safe guard them from Maliki, not the ISIS. If he had been able to bust the reserves and use them for whatever, we most likely would not be discussing this today as he would have destroyed the plan if he could. [post 2 of 2]
7-21-2014 Newshound Guru Tlar [What measures, if any, have been taken to ensure that M [Maliki] can't just go in and get his grubbby little paws on the CBI reserves as he has done in the past...if he is not 100% removed?] Maliki never stole the reserves. He borrowed 5 billion personally from the CBI when Shabibi was in charge and never made a payment nor has he returned the money. Then for the last 6 years he has tried to get to the reserves saying he needed them for projects and infrastructure all of which were just excuses. He started a campaign in his government for calls to give the reserves to the government as he was accusing first Shabibi and then Turki of ineptness and theft. [post 1 of 2....stay tuned]
7-21-2014 Intel Guru TNT Tony [via Duke] There are still meetings going and all those people are still getting together to make final decisions. There was no hold-up, fuss or fight. Just final decisions, some of what need to be made today. There's really not that much more to say. Banks have been ready for months and months now. Final plans are being laid out. The IMF is ready. BIS is ready. World Bank is ready. Iraq definitely has everything they need, from their banking system to the QI Cards, to the GOI, speakers, PM, president, etc. It's all got to be coordinated to that one hour so speculators don't jump on it. That's really the fine point. Others can say this and that has to happen, but most of those things have already happened. ...I can tell it can be at any time. 99% of the people involved are ready and are trying to decide the best time.
7-21-2014 Intel Guru Bluwolf we are waiting for the new PM to be announced as seated…from that point on then and only then will we expect this rv. the parliament is all done, the budget approved, all we now need is the announcements of the the president and two pm's and we are through. i do not give out rates or dates but its high,very high...its coming. very swiftly and unannounced.
7-21-2014 Intel Guru Mnt Goat They must choose a president within 30 days of electing a speaker. The clock started ticking on 7/16. I believe they will have the president announced on 7/23. As the president of the parliament, Salim al-Jabouri opened the door for nominations to the presidency for a period of three days starting on Wednesday (16/07/2014). So far I have heard all the nominations for president were sent to parliament on time. They must nominate a new prime minister Within 15 days of the president's election, so this will bring them to a constitutional deadline to seat the PM by first week in August. Finally we not only see the light at the end of the tunnel but we are beginning to feel daylight and it feels very good for the people of Iraq and for us as investors in Iraq. There is a new government being formed, free of the Iranian influence and Maliki tyranny.
7-21-2014 Newshound Guru Kaperoni Let's go Article VIII! I really believe Article VIII is coming this year. When you look back at the 2013 Article IV Consultation, the IMF called for the CBI some 5-6 times to move to Article VIII in that report. IMO, the reason they have held off on the 2014 report is to give the CBI time to accomplish this request. This article is very "matter of fact" with this statement..."He pointed out during his speech for the "morning" that this trend will strengthen the position of local trade internationally, after the currency gained international acceptance process,..." Quote: "pointing to the importance of activating the measures adopted in the present time.." They mean now! my optimism is good but I don't forget the government needs to be formed, laws need to be passed, and they need to get control of the terrorism.
7-21-2014 Newshound Guru Tlar Maliki just won't go away. He now is trying to obstruct the voting for president by nominating a bunch of guys from the SOL which he intends to run one after another in an attempt to stall the process. We have already seen an article where the SOL is stating Wednesday they should just introduce the nominees not vote on them. I'm sure they would love to postpone another week the actual vote. He claims is trying to punish the Kurds for their "polices" but the truth is different. He is just trying to stall the process of building the government.
7-21-2014 Intel/Newshound Guru Poppy3 I HAVE SAID JUST LIKE THE IMF WEB SITE STATED IN 2010, THEY APPROVED $3.22 PLUS UP TO 20% MORE FOR INFLATION MEANING UP TO $3.86. EVEN THOUGH THEY HAVE FOUND MUCH MORE RESERVES THAN AT THAT TIME...I STILL SUSPECT WE WILL SEE A RATE WITHIN THAT RANGE. [post 2 of 2]
7-21-2014 Intel/Newshound Guru Poppy3 NO OFFICIAL WITH THE CBI OR IMF HAS EVER STATED ANYTHING ABOUT A FLOAT...THEY WANT A FIXED RATE THEY CAN MAINTAIN FOR 24 TO 36 MONTHS TO ALLOW FURTHER STABILIZATION OF THEIR ECONOMY WITH THE NEW RATE. THE IMF AND CBI HAVE ALWAYS SAID THAT THEIR RATE WOULD BE THE MOST VALUABLE IN THE MIDDLE EAST MAKING IT THE MOST VALUABLE IN THE WORLD BECAUSE AT PRESENT THE KUWAIT DINAR IS THE MOST VALUABLE IN THE WORLD @ $3.58 LAST TIME I CHECKED ABOUT A MONTH AGO. [post 1 of 2....stay tuned]
7-21-2014 Newshound Guru Aggiedad77 Article: "Mehdi al-Hafez: positive movements of the adoption of the budget" Simply put, it is believed the 2014 budget can be approved and that there will be a serious endeavor and attempt by the Parliament to do so...even before the complete formation of the government.
7-21-2014 Intel Guru Mnt Goat Many of us expect this week to be a pivotal week in the revaluation of our dinar investment. I have to tell you I think it will be but not in the context of a revaluation announcement as most think will happen. Also do not expect other major announcements all happening on Wednesday as some believe it will happen. We are going to have to wait yet another week for the PM voting process to play out and then we have a very, very good window following that next session on 7/30 to see our RV. Remember also they have not formally announced the next session after Wednesday’s so it could be bumped up or moved out further. Let’s see what happens. [post 2 of 2]
7-21-2014 Intel Guru Mnt Goat we have waited anxiously for he next session of parliament to decide the next “president” if Iraq...this is now the actual presidential position (outgoing Talibani) they will now be voting on along with his two vice presidents in Wednesday’s session. I strongly believe that these are the only positions they will be voting on in Wednesdays session. They will then take one more week to put the presidents cabinet together and solidify the nominations for the prime minister, the last of the presidential vacancies to fill. This is what I am hearing from my Iraq contact. [post 1 of 2....stay tuned]
7-21-2014 Newshound/Intel Guru BGG [how close r we do u think?] fairly close - however, I don't think I'm ready to quit watching the news daily (just yet).
7-21-2014 Newshound Guru Chattels This parliamentary election process may go on for awhile and there is nothing which says that when there is a next and fully seated GOI that our liquidity event will occur. Manage your expectations. This is a distance run of indeterminate length. Pace yourself. Allow for the unknown unknown
7-21-2014 Intel/Newshound Guru Poppy3 SOMEONE ASK ABOUT THEM PASSING THE HCL BEFORE THE RATE. THEY CAN'T IMPLEMENT THE HCL WITHOUT THE RATE BECAUSE THE HCL WILL BE FUNDED THROUGH THE RV. THE RV HAS TO HAPPEN BEFORE THE HCL CAN BE IMPLEMENTED, ALSO THE TARIFF LAW IS THE SAME WAY. I SUSPECT THE BUDGET WILL BE OPENED THEN THE REST OF THE LAWS WILL FOLLOW. I DON'T THINK THE RATE IS IN THE BUDGET BUT THINK THEY WILL NEED THE RATE ANNOUNCED TO FUND THE BUDGET. TIME WILL SHOW THE FACTS SOON.
7-21-2014 Newshound Guru Millionday this was a press statement to the citizens this morning [Sunday]. Quote: "...financial expert Ali Fukaiki importance of adopting measures trade in local currencies across the border for its role in facilitating the smooth flow of traffic of goods and international cargo across the countries that adopt this process." they are announcing the trade of currencies with other countries which will require a reality rate. they are starting international trade with the dinar...they will become internationally recognized through the process of acceptance because of the reserve they have to back it up. they are calling for it to begin now due to its demand and the supply they have to back it up...the rate is not changed right now but they are asking for it to be activated now according to this.
Read more: http://www.dinarguru.com/#ixzz38bup5kHw
7-25-2014 Intel/Newshound Guru Tlar …With a push of a button and a quick phone call, the buy is accomplished without a visit to the bank. Plus there is no negotiation for the bank because everybody who has already pre-agreed to sell their dinar somewhere between 3 and 4 dollars and the bank can charge them full fees… fees of 5% or more is a boat load of money the bank will make on this. I see them trying to lock in the business. [Post 3 of 4 Stay tuned for the rest of the story]
7-25-2014 Intel/newshound Guru Frank26: … We feel the IR ( International Rate) is ready ...Been ready ...But there is No One to delivery it to. LOOK ..... STUDY Turki's FIRST sentence in this article. Grasp the understandings under which conditions/parameters Turki WILL lift the 000's. The Steps we are seeing right NOW are the vital signs to an IR. 02/05/2014 12:04 BAGHDAD: The governor of the central bank and agency Abdel Basset Turki, saidFriday that the project raise zeros from the Iraqi currency will not be applied, except in the case of the stability of political and economic situation of the country, denying the issuance of a new decision of the Bank in this regard. said Turkish for "tomorrow Press "...
7-25-2014 Intel/Newshound Guru Tlar …I personally talked to the guy and he was no starry eyed dummy. So I called my contact who would not give me the rate but said he knew the rate. I told him it was $3.71 and he asked me who it was I heard that from…He was absolutely astonished that I knew the rate but he confirmed it, $3.71. ...So putting everything together I have come to two conclusions. These banks stories we have been hearing…probably have some substance to them. But the fact that most are reporting that the bank is offering between 3 and 4 bucks with no guarantees as to fees or costs, and people can't wait to jump in. It makes sense to me because it removes those people from showing up at the bank with thousands of other people on d-day waiting to be cashed out…[Post 2 of 4 stay tuned for the rest of the story]
7-25-2014 Intel/Newshound Guru Tlar I have always thought it [rate] would be 1.16 or .86 cents. I am as baffled…because it is much higher than I have ever thought. I even went through the thinking process of how they could justify the 86 cents. But I have now heard from too many people with dinars at banks waiting on being funded between $3.00 to $4.00 and one person …knows the guy who will sign off on the buy from B of A once they get the ok from the Treasury. ...another person, a twenty year friend…was having a lunch with a business associate and they started talking dinars for the very first time. My friend is a retired CFO of a company here in Dallas. His friend, another accountant type, told him he was in a group that had deposited their dinars (over a billion) with another major bank and was expecting to be cashed out today at $3.71. I personally talked to the guy... [Post 1 of ??? stay tuned for the rest of the story]
7-25-2014 Newshound Guru Millionday [they seem to be getting on with so much, ports, banking etc but when do you think they will get to the point where they can't do anymore without rving?] they claim to be activating the economic reform and that includes the monetary reform...the timeline is up to them but they certainly are preparing with the passage of many laws and the market as we have seen. this is not a bad time to be following the news to say the least.
7-25-2014 Intel Guru Mnt Goat I checked in with my CBI contact too today and all is ready to rollout the final parts of the international rates to the world. They are just waiting for the “go ahead” from the USA UST and the UN. The current outgoing GOI no longer has any influence. However they would like the NEW PM to sign off on it when seated. So I think these are all good signs that we are very close. I do not believe we will see any RV this weekend. [post 2 of 2]
7-25-2014 Intel Guru Mnt Goat The next session date announced by Al- Jabouri yesterday simply stated the adjournment of parliament is until August 5th. He did not mention that they would be voting on the prime minister at that time. This leads me to believe strongly that he intends to call in another session prior to August 5th if and when they get all to agree on the candidates for prime minister. I think the Aug 5th date is just the farthest out target date being that it is just 3 days from the 15 day constitutional limitation. This also leads me to believe that in fact, as of today, this is not a done deal...The RV is not going to happen this weekend! [post 1 of 2....stay tuned]
7-25-2014 Intel Guru Delta THE STATE DEPARTMENT AND WASHINGTON TIMES ARE WRONG!!! MALIKI WILL WIN IT AGAIN... I WILL BET STATE DEPARTMENT ALL MY DINARS. WE SHOULD KNOW ABOUT PM NO LATER THAN 08/09.
7-25-2014 Newshound Guru Millionday Article: "news agency "Reuters" Thursday 24 \ 7 \ 2014 data from the satellites tracking the movements of ships, showed that a tanker carrying crude oil from the Kurdistan region after only two days of access to the port in the United States." Quote: " Carlos Pascual, head of the Office of Energy of the U.S. Department of State, told Reuters, that "there is no change in Washington's policy toward the Kurdish independent oil sales..." IF THE US IS AGAINST THE KURDS GOING AGAINST THE RULES OF THE CONSTITUTION AND THE FED GOV ON OIL -- THE HCL MUST BE ON THE WAY, IMO.
7-25-2014 Newshound Guru Tlar The PM position is a tricky one to resolve. Nobody envisioned that the SOL leadership would still be backing M [Maliki] by this point. Everybody has tried to get him to quit yet he hangs on. He just tried to get the courts to declare the SOL as the largest block. It is not. Also they are still meeting. The news coverage makes it sound like they have adjourned because that's the way Jubouri wants it. You can forget the August 5th date. That also is there as a backstop date and as soon as this issue is resolved, they will call for the nominee and vote. This should be over before August 5th. I have some pretty strong evidence IMO to support my view that the rate will be on the upper side of $3.50. We need a budget and a PM and an RV, period. All three are within sight and are being done while we watch. We are so very close. IMO it would take some extraordinary unforeseen event to stop this at this point. This has been well planned out. We are seeing the finish of this investment everyday now.
7-25-2014 Newshound Guru Administrator Bob Over the last several days dinar or banking articles have begun to surface indicating that once again economic experts are pushing for reform. As well, parliament elected the President of Iraq which sets a timetable of 30 days or less to chose the next Prime Minister.
7-24-2014 Intel Guru Blaino We still hear the supporting events that will usher in the gcr, re-val, etc., could develop within the coming week! Apparently, the currency speculators among us may have reason to be truly excited from what we are hearing. Some are saying that the completion of the seating of the new government and officials are the final pieces to the puzzle that will usher in the new Iraq, including its position as the country with the highest asset backed currency value on the planet. Some of our intel purports a sooner rather than later stance...
7-24-2014 Intel Guru EXOGEN Based on Iraq Constitution they have 15 days, but we seriously doubt it will go that far because everything is completed already behind the scenes. NONE OF OUR INTEL CONTACTS HAVE SAID IT WILL GO ANOTHER 15 DAYS.
7-24-2014 Intel Guru Okie_Oil_Man review my post as of yesterday. I am going through my pre-landing check list as i speak.--will post more later...
7-24-2014 Newshound Guru tlm724 Article: "Formation of a committee to resolve the budget in 2014" noting that the committee is required to submit its report on the budget within two weeks from the date of its formation ...*hallelujah* I like seeing Jubouri putting time limits on things! He is cracking the whip!
7-24-2014 Newshound/Intel Guru BGG Article: "Alsumaria News / Baghdad Voice of Iraqi Council of Representatives, on Thursday, on the choice of MP Fuad Masum, president of the Republic of Iraq by a majority vote of those present..." this is REALLY looking good. Jubouri has this thing in high gear...the Aug 5th date is for vice-Presidents (to Masum) then PM is sometime after that.
7-24-2014 Newshound Guru Adam Montana [Iraq waited too long to RV didn't they?] I don't believe so at all. In fact, the opposite - if they had RV'd too soon they could have severely sabotaged their ability to maintain the new rate, and that wouldn't have been good for anyone.
7-24-2014 Newshound Guru Stryker After a long day in Parliament Iraq has a new President and his name is Fuad Masum, a well respected Kurd with the vision of a National Non Sectarian Unity for Iraq. Article Quote: "the constitutional period to choose a prime minister is 15 days after the selection of the president." 15 Days Now To See A New Prime Minister...Now the Speaker of the House of Representatives calls on the new elected President to announce the largest bloc and for them to assign their nominee for Prime Minister. Parliament will reconvene on the 5th of August to vote in a new Prime Minister. We are now down to days and not months, when we see a new government formed completely that will implement many changes in Iraq. With the right GOI I believe Turki will finally be able to launch the project that will change the lives of many in the world.
7-24-2014 Intel Guru Mnt Goat I also believe, and so I am also hearing from my sources, that the budget passing and opening must coincide with the prime minister being seated and with all his cabinet. Remember the RV does not depend on the budget but the budget needs the RV when opened...technically the budget must coincide or come later than the RV. However I do not think they want to delay the budget anymore than they have to and so they are also trying desperately to coincide the two events. This is why we are hearing now the great rush to get the budget passed... I want to emphasize once again this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable, non-sectarian and is a functional government. This is has been the plan all along. [post 2 of 2]
7-24-2014 Intel Guru Mnt Goat Voting for the new Iraq president is now done and that makes two out of the three presidents now seated. Fuad Masum wins the post of President of the Republic of Iraq. We now await for the speaker to announce the next session when they will vote for the new PM. When this occurs, and if successful, we will be in an excellent window to finally see the international rollout of the IQD. The question I have now is – What is the new target date for voting on the new prime minister? [post 1 of 2....stay tuned]
7-24-2014 Newshound Guru Tlar a vote was taken in parliament and the Kurdish nominee, Faud Masum was elected to be President of Iraq. They are in the process now of electing his VP's, a Shia and a Sunni, and then by law he has 15 days to nominate the Prime Minister position. In reality that should not take 15 days as the deal for Prime Minister is kind of like the deal was for the Presidency in the coalition. It is more likely he will nominate the PM position late today or tomorrow. Jubouri is pushing this along very quickly. No word yet as I write this whether Maliki has officially resigned. Also no word on the budget as of yet... Its all good and just as we had hoped for...this will be over soon. I personally think parliament will reconvene before August 5th but that is just a guess and I know it goes against logic seeing as how the parliament has officially adjourned until then. There is still work to be done.
7-24-2014 Intel Guru Mnt Goat From my perspective everything now in the election process has settled down and we are seeing real progress and its all on track. Remember that technically the IQD has already revaluated in- country and we are just waiting for the final rollout to the international financial sector. The CBI has stated many times that they fully intend to complete the rollout process in the coming weeks and so I believe this is their intent and I see no reason now (with more and more stability in Iraq everyday) that this would not happen according to their new plan. Iraq can not move forward in all the required financial sectors of the international community with the lowest artificial currency rate they have had in 50 years. Things can now move forward quickly and will. [post 2 of 2]
7-24-2014 Intel Guru Mnt Goat They must choose a president within 30 days of electing a speaker. The clock started ticking on 7/16. I believe they will have the president announced tomorrow 7/24, as advertised. They will then tell us the date for the next session to vote on the prime minister. They must nominate a new prime minister within 15 days of the president's election, so this will bring them to a constitutional deadline to seat the PM by around the first week in August. I strongly believe they will have a vote in the next session which will be a week from today 7/23 and not have to wait till August. The PM will be seated at that time. [post 1 of 2....stay tuned]
7-24-2014 Newshound Guru Tlar Parliament did not waste the time though because Jubouri went right to work on the budget setting up committees to make sure it is ready quickly. He became my hero today...he has only been in office since last Sunday and he is pushing everything along as fast as humanly possible given all the roadblocks Maliki and the SOL keep throwing at him. Of other note it appears Maliki has finally resigned per an article that came out late today... We are attempting to get verification from other sources but it looks to me as he finally is out of the picture. Things are going very well and it is even expected that the nominees for PM will be introduced tomorrow [Thursday] by the new President. Things are moving very quickly. I am keeping my fingers crossed that this is almost over. [post 2 of 2]
7-24-2014 Newshound Guru Tlar Jubouri postponed the introduction of President Nominees and the vote on the vote 24 hours. He did this because the Kurds had 2 nominees and Jubouri did not want to see the potential for a screw up in votes. Jubouri not wanting to take that chance, postponed the vote 24 hours with instructions to the Kurds to come back with a single nominee. So this afternoon the Kurdish block voted by themselves in secret ballot to choose a nominee that represents all Kurds as the nominee for president. Smart move by Jubouri. The Kurds are now prepared and they can have the vote in parliament tomorrow assuring that the SOL's nominees will loose and the Kurdish nominee will get the PM job. [post 1 of 2....stay tuned] 7-23-2014 Intel Guru Okie_Oil_Man HOPE THE INFORMATION FURNISHED ME JUST LATELY IS ACCURATE. I AM ONLY A MESSENGER.--INFORMATION STATED TOMORROW OUR BLESSING SHOULD APPEAR...I HAVE RECEIVED SO MANY FALSE SCARES PREVIOUSLY THAT IT IS HARD FOR ME TO ACCEPT REALITY WHEN IT IS PRESENTED TO ME. AS OF RIGHT NOW I AM VERY THANKFUL AND ANTICIPATE TOMORROW AND WILL RECEIVE GRATEFULLY OUR BLESSING. AS ALWAYS----TIME WILL PROVE INTEL---
7-23-2014 Newshound Guru Stryker The Speaker of the House gives the Kurds 24 hours to pick one candidate for President. Parliament's 5 session will be held tomorrow to vote in A new Iraqi President. The Speaker of the House votes on a temporary committee to pass the 2014 Budget.
7-23-2014 Newshound Guru Chattels Article: "Parliament forms committee to speed up endorsing Budget Law Wednesday, 23 July 2014 20:59 Baghdad (AIN) -Parliament approved forming a committee to speed up the ratification of the budget law draft. Parliamentary source said to AIN "The parliament has voted on a proposal to form a committee to follow up the endorsement of the budget." it is the first article that i have seen confirming that a committee has been formed. [When is the deadline to chose a POR and/or PM?] there is some talk of a deadline for the Presidency on tomorrow and the PM 15 days thereafter.
7-23-2014 Intel Guru Tony [via Adept1] They said they would announce the President this morning and now they are saying they will do it on Thursday or Friday. They are announcing that on the news. Yesterday they said there was a new PM, but didn’t say who it is. This morning they went in to take the Parliament vote; it was delayed two hours. We are waiting for the results now. Obviously things are great and we’re excited where they are. We are hearing nothing but good information at this time. There is a plan and everyone is happy with the plan. They are determining the timeframe with a few tweaks to make this happen.
7-23-2014 Intel/Newshound Guru Poppy3 MEETING TODAY IN GREEN ZONE OF BAGDAD DID NOT CLOSE TILL AFTER 9PM THIS EVENING. THEY CONTINUED AFTER THE OFFICIAL MEETING WAS OFFICIALLY CLOSED AT 4:30 PM. THEY ARE THERE TO MAKE AGREEMENTS AND MOVE FORWARD IN AGREEMENT WITH WHAT WILL BE DONE TOMORROW...THIS IS AWESOME AND IS ALL POSITIVE. ... I USUALLY DON'T GET THE INFORMATION TILL LATER IN THE AFTERNOON BUT THE SOURCE THOUGHT THIS WAS VERY TELLING THAT THEY WERE ALL STILL BEHIND CLOSED DOORS. THE COMPLETION OF THE GOI MAY BE OVER AS SOON AS TOMORROW. THEY ARE MAKING PROGRESS AND PUSHING FORWARD, WOW... BE READY FOR THE END OF THE MONTH.
7-23-2014 Intel Guru DC [via Adept1] There was a bad bombing in Baghdad and that delayed Parliament, but we should still get some announcements today. Parliament, CBI, border security are all ready. Maliki is physically in Iraq, and would like the honor of doing the RV announcement, but will probably not get PM or anything else, so he is pushing on issues relating to the announcement. The CBI is connected to all the banking systems, and everything is ready in Iraq. They are just waiting on announcement times. The UN Security Council is happy with all the people selected, like they were last week as well. In DC, everyone is ready at the IMF and the UST... Everything is nicely tuned up and waiting on the announcement of the RV and the Presidency and PM. They should occur at the same time or close to it. There are official plans ready to be implemented, and we just have to see how those turn out.
7-23-2014 Newshound Guru Adam Montana To further address the issue of moving forward in picking a PM, forming government, and just general progress - Ban Ki-moon (United Nations Secretary General) will be in Baghdad tomorrow. While we obviously don't have an RV yet, the big picture remains one of progress and resilience. As we approach the end of Ramadan and we continue to see positive action in Parliament/GOI/etc, I continue to stay hopeful that we're on the edge of something big, and soon. [post 2 of 2]
7-23-2014 Newshound Guru Adam Montana Forward motion on the budget, which says to me that in spite of the issues with ISIS and lack of a chosen PM, Iraq is still moving in the right direction. One of the questions I'm getting a LOT is "Do they even have to ever pick a new PM?!" I guess they don't have to make any kind of decision, but they are moving forward with the process and it's on pace to be done around the end of the month, which is also right in line with end of Ramadan. [post 1 of 2....stay tuned]
7-23-2014 Newshound/Intel Guru BGG To review: Parliament has been sworn in. There is a new Parliament, there is a new functioning government. They have taken some positive steps & they may move farther than anyone believes tomorrow [Wednesday] or shortly after. I believe Maliki had the 100 people nominate themselves for the President of the Republic to somehow game the system and if you have to resort to "game the system" tactics then you are not in very good shape. They are doing a secret balloting and it is critical to the process. I think this is how they will get rid of Maliki. They don't want anyone being intimidated. I am very encouraged. We are in the waiting mode right now. We are waiting for the President of the Republic & soon after the PM nominations. Once the POR and the PM are seated we should see economic reform and currency reform shortly after.
7-23-2014 Newshound Guru wmawhite ...it is not that the rate is in the budget...instead, the status of the IQD has to change in order for the budget to be effective.
7-23-2014 Newshound Guru Kaperoni Article: "Parliament will vote on the four candidates for prime minister" This is the time when Maliki is at his best. Some of these new MPs will get a cash gift tonight. Or, some of the MPs will be told their wifes and children could be missing tomorrow. Having a vote in parliament that includes Maliki's name is not a good thing. Where something can go wrong it usually does.
7-23-2014 Intel/Newshound Guru Poppy3 THERE MAY BE TIME ISSUES BUT WE ARE IN THE FINAL STRETCH OF OUR WAIT...THE NEWS TONIGHT SAID...THINGS HAVE BEEN AGREED ON FOR TOMORROW [WEDNESDAY]. IT WILL BE A VERY ACCOMPLISHED NEWS. GET READY FOR TOMORROWS GREAT NEWS...HUGE STEPS WILL HAPPEN TOMORROW. 7-22-2014 Newshound Guru Tlar That event being the budget itself being made retroactive back to an agreed specific start date. That date could end up as January 1st or April 1st. It makes no difference given the importance of the project. Once the budget is passed I believe we will see the RV but that is based on what the Finance committee told us in November of last year about how they wrote the budget. I believe for the first time the RV and budget are together also acknowledging this is the first time ever we were told in advance that the budget for 2014 was written in a rate different from the 1166 we have come to know and love by the guys who wrote it. [post 3 of 3]
7-22-2014 Newshound Guru Tlar Why would they write a budget that is for a different value than the value of the present dinar? To coordinate the budget with the CBI's change in value of the currency is the short answer. The CBI and the Finance committee have been planning this project since 2010 and it would make sense that they would work together using specific amounts and specific start times based on dates or events. It is my belief this is now based on an event more than a date because the date is a moving target and passing the budget will be a fixed event. [post 2 of 3....stay tuned]
7-22-2014 Newshound Guru Tlar I will tell you what I believe...The Finance committee wrote this budget. They told us in three articles in November of last year that they wrote it at a different rate for 2014 than the 1166 that the dinar was at. They also stated based on the new rate they sketched out the 2015 and 2016 budgets...this is the first time we have ever seen in articles them stating that this budget has a different rate change in it. If it does have a rate change then logically the dinar value has to equal that change because this is Iraq and their budget will be written in dinars. It is vital that the budget and the money reflect the same value. [post 1 of 3....stay tuned]
7-22-2014 Newshound Guru wmawhite [Why would they build this economic infrastructure to operate at 1166 forever?] actually, Iraq can never do those things/investment that Iraq needs at 1166...there has never been enough IQD printed to pay the world at 1166.
7-22-2014 Newshound Guru Tlar ...if they can do two readings of the budget this week as Jubouri wants to do we will be in a good position to RV. Keeping my fingers crossed.
7-22-2014 Intel/Newshound Guru tman23 I believe 110% we are going to see a POR elected tomorrow...No Delays into August...But of course we will know in less than 36 hours! [posted @ 2:39 PM]
7-22-2014 Newshound Guru wmawhite [i think folks are getting upset wondering about this investment...some are thinking its gonna be a long time or not at all...what can you tell us please?] when I invested Dr. Shabibi would never ever tell me the date nor the rate. Of course, I never had the opportunity to ask him. However, starting last June and leading up to the removal of sanctions, Iraq spoke a lot about returning their currency to greatness. Nothing has changed. Each day it becomes more and more important for the CBI to move forward with the IQD. [...they just need to revalue their currency then, huh?] yes they do! It is a timing issue now...not an "if" issue.
7-22-2014 Intel/Newshound Guru tman23 "Legal expert known as Tariq Harb, was ruled not to be a Parliament session to vote on the election of the President on schedule on Wednesday after completing numerous actions, and said that the election of the President of the Republic will not be on 23 July but in August..." Appears that many don't want a vote taking place on Wednesday for the POR...It's going to be a huge Wednesday in Iraq...
7-22-2014 Newshound Guru Aggiedad77 Article: "The province decides to pay the salaries of its employees in U.S. dollars instead of the dinar" this is BIG NEWS IMO...it proves the Kurds have actually taken control of the money...the revenue that has been generated from the sale of their oil earlier in May and June...if they are paying in USD from what was in the Turkish banks...once again they thumb their noses at the Baghdad government... specifically to Maliki's government.
7-22-2014 Newshound Guru Tlar More good news... Jubouri is trying to get 2 readings done this week on the budget. At the speed he is going he might even do them on the same day setting up a vote to follow the readings. By Iraqi law for a bill to become law as in the budget, it must have 2 readings, then a vote, then be published in the Gazette. I will watch closely and report any progress on the budget. It is my belief that if the budget is passed and the President and VP's are seated, Turki will pass monetary change. The PM position is going to go to the coalition but it must be seen as a peaceful transition of power and may take a little longer but because of the overwhelming superiority of the coalition numbers it will come out right. I believe if all goes well tomorrow, Turki and the international folks will probably consider it done. [post 2 of 2]
7-22-2014 Newshound Guru Tlar Tomorrow is shaping up to be very interesting. Jubouri the new POP is making some super moves. He is in the process of changing the rules of procedure to make sure this is not dragged out. He is being quoted that there will be a vote on the Presidency tomorrow. I believe they are being coached in the parliamentary system by the Brits.. They are having meetings with them and the moves they are making are artful while still staying within the boundaries of the constitution. The presidency will go to the Kurds as it is part of the overall deal to diversy and be inclusive. The Kurds may actually end up submitting two names but Salih will be the one that Barzini favors. I expect we will see a new president an 2 vice presidents by tomorrow afternoon. [post 1 of 2....stay tuned]
7-22-2014 Intel Guru tman23 Tomorrow (Wednesday) Parliament is going to vote for the POR by secret ballot. The Kurds have been directed to introduce one nominee, thus a reason for Mustafa and Barzani to visit Talibani today. Barham Saleh was selected and agreed to by Barzani and the USA to be the POR 18 months ago. That said; IMO, if Saleh takes the POR post the "plan" is in motion and on track to what was coordinated 18 -20 months ago...Tomorrow we just may see the SOL nominations for PM...which will be between Tariq Star and Shahristani.
7-22-2014 Newshound Guru Millionday [Is it not correct nothing will happen with the rate until maliki is totally gone?] I HAVE NOT SEEN THAT IN INK FROM CBI – THEY HAVE THE ABILITY TO CHANGE THE VALUE AND SET THE EXCHANGE RATES WHEN THEY WANT TO NOW THAT THEY HAVE APPROVAL OF THE MONETARY POLICY THEY HAVE IN PLACE... [Is it your opinion this will be a float or a fixed rate?] I BELIEVE THAT THE BEST FOR IRAQ WOULD BE A MANAGED FLOAT FOR AT LEAST SIX MONTHS BUT...THEY HAVE NOT RELEASED THAT INFO YET. [where do u think a managed float would start at monetary wise, IYO?] I DONT KNOW THE RATE BUT WOULD THINK THAT A 2% FLOAT ONE WAY OR THE OTHER WOULD BE THE MANAGED AMOUNT IF IT GOES HOW IT LOOKS TO ME TO BE THE BEST RESOLVE BUT DONT HAVE THIS IN INK... [post 2 of 2]
7-22-2014 Newshound Guru Millionday [considering they are transforming to a new market, what is the suspected time line for a reality rate adjustment to meet the transition...?] WHEN THEY MOVE TO A GLOBAL MARKET ECONOMY THEY WILL HAVE TO HAVE A PRICE FOR THE DINAR THAT IS A REALITY AND CALCULATED VALUE FOR THE PRICING INDEX IN THE COUNTRY AND ALSO THE ISX AND ESX AND ALSO THE GLOBAL MARKET FOR EXPORTS AND IMPORTS AS WELL. [Its very little doubt we’ll see a rv in July?] I DONT KNOW THE DATE BUT SEE THAT IT CAN HAPPEN AT ANYTIME – NOTHING IS KEEPING IT FROM MOVING FORWARD WITH THE INDEPENDENCE THAT CBI HOLDS – AT THE SPEED THEY ARE GOING IT HAS TO BE PUT IN PLACE TO MOVE TO THE MARKET ECONOMY THEY ARE TALKING ABOUT AND ANNOUNCING TO THE CITIZENS. [post 1 of 2....stay tuned]
7-22-2014 Intel/Newshound Guru Poppy3 RAMADON ENDS ON THE 28TH AND THEN THEIR BIGGEST HOLIDAY, WHICH IS GIVING DAY, IS THE 29TH AND NO ONE WORKS ON THAT DAY. IT'S LIKE THEIR CHRISTMAS AND THEY GIVE GIFTS ALL THAT DAY TO ONE ANOTHER. PERHAPS THAT GIVING WILL INCLUDE YOU AND I THIS YEAR.
7-22-2014 Newshound Guru Aggiedad77 Article: "Finance Minister calls for passage of the budget as soon as possible" The Iraqi Finance Minister is calling for Parliament to make the budget its highest priority.....the applicable committees need to get into high gear to make this happen.
7-22-2014 Newshound Guru Millionday they are stating that the budget will be addressed wed [Wednesday] along with the presidency...they have said that the two readings are done and they were considering with some very important laws just to vote them through and listed the budget as being one of them -- so if they dont change their mind they may just vote it through -- the constitution gave them 30 days from parliament seated to have PM in place and 15 days from elected in officers of parliament which is the 23rd if i remember right.
7-22-2014 Intel Guru tman23 Article quote: "the Liberal bloc MP revealed Friday the Diwan, on Monday, that his vote on the Kurdish nominee for President of the Republic, with the nomination of Chen represents the State of the law and does not represent the national coalition." AGAIN THE SOL ATTEMPT TO CREATE A SITUATION THAT THEY CAN DELAY THE ELECTION OF THE PRESIDENT BY ADDING A CANDIDATE AND PULLING VOTES SO NO CANDIDATE HAS A MAJORITY TO BE ELECTED. 7-21-2014 Intel Guru DC [via Duke] ...we understand every position is picked out and ready to go. The UN Security Council is okay with everybody they've picked. They are waiting for specific timelines - 2 they are working on. They have been trying to hold off until the 3 main positions are released. CBI, new speaker, PM, etc. are all ready. Iraq is ready to go....they have been ready. It's now just a coordination schedule with everyone else. There are a little bit politics being played about when it gets revealed. Quite simply, that's what we're waiting on. It could be anytime now.
7-21-2014 Newshound Guru Tlar He has attempted to borrow from the reserves on numerous occasions the last time being when the 2014 budget wasn't passed, he wanted to borrow the money to keep the government running. He has a history of attempts to get his hands on the reserves and it is my belief that Turki got therm out of the country to safe guard them from Maliki, not the ISIS. If he had been able to bust the reserves and use them for whatever, we most likely would not be discussing this today as he would have destroyed the plan if he could. [post 2 of 2]
7-21-2014 Newshound Guru Tlar [What measures, if any, have been taken to ensure that M [Maliki] can't just go in and get his grubbby little paws on the CBI reserves as he has done in the past...if he is not 100% removed?] Maliki never stole the reserves. He borrowed 5 billion personally from the CBI when Shabibi was in charge and never made a payment nor has he returned the money. Then for the last 6 years he has tried to get to the reserves saying he needed them for projects and infrastructure all of which were just excuses. He started a campaign in his government for calls to give the reserves to the government as he was accusing first Shabibi and then Turki of ineptness and theft. [post 1 of 2....stay tuned]
7-21-2014 Intel Guru TNT Tony [via Duke] There are still meetings going and all those people are still getting together to make final decisions. There was no hold-up, fuss or fight. Just final decisions, some of what need to be made today. There's really not that much more to say. Banks have been ready for months and months now. Final plans are being laid out. The IMF is ready. BIS is ready. World Bank is ready. Iraq definitely has everything they need, from their banking system to the QI Cards, to the GOI, speakers, PM, president, etc. It's all got to be coordinated to that one hour so speculators don't jump on it. That's really the fine point. Others can say this and that has to happen, but most of those things have already happened. ...I can tell it can be at any time. 99% of the people involved are ready and are trying to decide the best time.
7-21-2014 Intel Guru Bluwolf we are waiting for the new PM to be announced as seated…from that point on then and only then will we expect this rv. the parliament is all done, the budget approved, all we now need is the announcements of the the president and two pm's and we are through. i do not give out rates or dates but its high,very high...its coming. very swiftly and unannounced.
7-21-2014 Intel Guru Mnt Goat They must choose a president within 30 days of electing a speaker. The clock started ticking on 7/16. I believe they will have the president announced on 7/23. As the president of the parliament, Salim al-Jabouri opened the door for nominations to the presidency for a period of three days starting on Wednesday (16/07/2014). So far I have heard all the nominations for president were sent to parliament on time. They must nominate a new prime minister Within 15 days of the president's election, so this will bring them to a constitutional deadline to seat the PM by first week in August. Finally we not only see the light at the end of the tunnel but we are beginning to feel daylight and it feels very good for the people of Iraq and for us as investors in Iraq. There is a new government being formed, free of the Iranian influence and Maliki tyranny.
7-21-2014 Newshound Guru Kaperoni Let's go Article VIII! I really believe Article VIII is coming this year. When you look back at the 2013 Article IV Consultation, the IMF called for the CBI some 5-6 times to move to Article VIII in that report. IMO, the reason they have held off on the 2014 report is to give the CBI time to accomplish this request. This article is very "matter of fact" with this statement..."He pointed out during his speech for the "morning" that this trend will strengthen the position of local trade internationally, after the currency gained international acceptance process,..." Quote: "pointing to the importance of activating the measures adopted in the present time.." They mean now! my optimism is good but I don't forget the government needs to be formed, laws need to be passed, and they need to get control of the terrorism.
7-21-2014 Newshound Guru Tlar Maliki just won't go away. He now is trying to obstruct the voting for president by nominating a bunch of guys from the SOL which he intends to run one after another in an attempt to stall the process. We have already seen an article where the SOL is stating Wednesday they should just introduce the nominees not vote on them. I'm sure they would love to postpone another week the actual vote. He claims is trying to punish the Kurds for their "polices" but the truth is different. He is just trying to stall the process of building the government.
7-21-2014 Intel/Newshound Guru Poppy3 I HAVE SAID JUST LIKE THE IMF WEB SITE STATED IN 2010, THEY APPROVED $3.22 PLUS UP TO 20% MORE FOR INFLATION MEANING UP TO $3.86. EVEN THOUGH THEY HAVE FOUND MUCH MORE RESERVES THAN AT THAT TIME...I STILL SUSPECT WE WILL SEE A RATE WITHIN THAT RANGE. [post 2 of 2]
7-21-2014 Intel/Newshound Guru Poppy3 NO OFFICIAL WITH THE CBI OR IMF HAS EVER STATED ANYTHING ABOUT A FLOAT...THEY WANT A FIXED RATE THEY CAN MAINTAIN FOR 24 TO 36 MONTHS TO ALLOW FURTHER STABILIZATION OF THEIR ECONOMY WITH THE NEW RATE. THE IMF AND CBI HAVE ALWAYS SAID THAT THEIR RATE WOULD BE THE MOST VALUABLE IN THE MIDDLE EAST MAKING IT THE MOST VALUABLE IN THE WORLD BECAUSE AT PRESENT THE KUWAIT DINAR IS THE MOST VALUABLE IN THE WORLD @ $3.58 LAST TIME I CHECKED ABOUT A MONTH AGO. [post 1 of 2....stay tuned]
7-21-2014 Newshound Guru Aggiedad77 Article: "Mehdi al-Hafez: positive movements of the adoption of the budget" Simply put, it is believed the 2014 budget can be approved and that there will be a serious endeavor and attempt by the Parliament to do so...even before the complete formation of the government.
7-21-2014 Intel Guru Mnt Goat Many of us expect this week to be a pivotal week in the revaluation of our dinar investment. I have to tell you I think it will be but not in the context of a revaluation announcement as most think will happen. Also do not expect other major announcements all happening on Wednesday as some believe it will happen. We are going to have to wait yet another week for the PM voting process to play out and then we have a very, very good window following that next session on 7/30 to see our RV. Remember also they have not formally announced the next session after Wednesday’s so it could be bumped up or moved out further. Let’s see what happens. [post 2 of 2]
7-21-2014 Intel Guru Mnt Goat we have waited anxiously for he next session of parliament to decide the next “president” if Iraq...this is now the actual presidential position (outgoing Talibani) they will now be voting on along with his two vice presidents in Wednesday’s session. I strongly believe that these are the only positions they will be voting on in Wednesdays session. They will then take one more week to put the presidents cabinet together and solidify the nominations for the prime minister, the last of the presidential vacancies to fill. This is what I am hearing from my Iraq contact. [post 1 of 2....stay tuned]
7-21-2014 Newshound/Intel Guru BGG [how close r we do u think?] fairly close - however, I don't think I'm ready to quit watching the news daily (just yet).
7-21-2014 Newshound Guru Chattels This parliamentary election process may go on for awhile and there is nothing which says that when there is a next and fully seated GOI that our liquidity event will occur. Manage your expectations. This is a distance run of indeterminate length. Pace yourself. Allow for the unknown unknown
7-21-2014 Intel/Newshound Guru Poppy3 SOMEONE ASK ABOUT THEM PASSING THE HCL BEFORE THE RATE. THEY CAN'T IMPLEMENT THE HCL WITHOUT THE RATE BECAUSE THE HCL WILL BE FUNDED THROUGH THE RV. THE RV HAS TO HAPPEN BEFORE THE HCL CAN BE IMPLEMENTED, ALSO THE TARIFF LAW IS THE SAME WAY. I SUSPECT THE BUDGET WILL BE OPENED THEN THE REST OF THE LAWS WILL FOLLOW. I DON'T THINK THE RATE IS IN THE BUDGET BUT THINK THEY WILL NEED THE RATE ANNOUNCED TO FUND THE BUDGET. TIME WILL SHOW THE FACTS SOON.
7-21-2014 Newshound Guru Millionday this was a press statement to the citizens this morning [Sunday]. Quote: "...financial expert Ali Fukaiki importance of adopting measures trade in local currencies across the border for its role in facilitating the smooth flow of traffic of goods and international cargo across the countries that adopt this process." they are announcing the trade of currencies with other countries which will require a reality rate. they are starting international trade with the dinar...they will become internationally recognized through the process of acceptance because of the reserve they have to back it up. they are calling for it to begin now due to its demand and the supply they have to back it up...the rate is not changed right now but they are asking for it to be activated now according to this.
Read more: http://www.dinarguru.com/#ixzz38bup5kHw
7-20-2014 Intel Guru Bluwolf ...ONCE THE NEW PM IS SEATED YOU WILL SEE YOUR RV NOT BEFORE, AND FOR THAT ISSUE WE ARE ONLY WITHIN HOURS OF IT BEING LET OUT. LET IT BE KNOWN THAT THE RV IS A VERY SILENT ONE BUT NOW THE GCR SHALL BE ANNOUNCED ONCE IT IS LET OUT, BE IT THIS EVENING OR LIKE CL [CHRISTINE LAGARDE] GAVE A CODE TO ON THE 21TH. WE ARE CLOSE FOLKS.
7-20-2014 Intel Guru TNT Tony Top dogs had mtgs on Fri and Sat. Results were pos., final layout (U.S.) is being worked. Should have great news tomorrow.
7-20-2014 Intel/Newshound Guru Tlar So even if they can't get a PM on Wednesday, it is my belief that with the passage of the budget and the new President in place, Turki will be good to go. Even though the government is not technically complete, he will consider it as "a foregone conclusion" as to how this will end because the numbers dictate it, and he will act on monetary change…The actual [RV] trigger IMO is the budget along with the knowledge that the government will come out right. The RV will happen either just before the budget is passed or within a day of the budget being passed. Either way I am holding to North of $3.25 and before the end of this month. If it turns out I am wrong I am sure the naysayers will pick my bones clean. So I don't say it lightly.
7-20-2014 Intel/Newshound Guru Tlar The SOL has all but dumped Maliki as their nominee. Maliki said he will resign in exchange for two things….Immunity of all charges even murder and if he gets to pick the next PM are what he wants in exchange for his resignation...The SOL's power base has also been eroding as many of their members (about half or more) have come out against Maliki. The SOL has said they will offer three nominees…. The coalition has also offered up three nominees. Either Chalabi or Mahdi will ultimately be the prime minister….The PM position may take a few days past Wednesday…
7-20-2014 Intel/Newshound Guru Poppy3 [9:53 AM] I WAS TOLD A FEW MINUTES AGO THAT THERE SEEMS TO BE AN AGREEMENT BETWEEN PARTIES THAT REGARDLESS OF WHO THE NEW PRIME MINISTER WILL BE THEY HAVE AGREED TO ASK TURKI TO REMAIN AS THE GOVERNOR OF THE CBI. IF THIS IS TRUE AND I FEEL SURE IT IS THEN IMMEDIATELY AFTER THE PM IS SEATED THE RV IS POSSIBLE AT ANY MOMENT FORWARD. THIS IS GREAT NEWS BECAUSE THAT ELIMINATES US HAVING TO WAIT TO SEE WHO THE NEW PM WOULD APPOINT TO THAT POSITION. I DON’T KNOW ABOUT YOU GUYS BUT MY EXCITEMENT HAS RISEN TO A MUCH HIGHER LEVEL TODAY.
7-20-2014 Intel/Newshound Guru Tlar …things are shaping up for the Wednesday parliamentary meeting. The Kurds have decided on their President of the Republic (POR). The Shia and the Sunni each have picked their people for VP positions. Negotiations are still on going for the PM position but Jubouri, the new President of the Parliament (POP) is not letting any grass grow under his feet. Earlier this week he set up committees to re-write the budget and…he has stated the budget could be passed before the government is completely formed. I believe next week he will submit it to parliament for its first and second reading, and then they will vote and publish it as law.
7-20-2014 Intel Guru EXOGEN There will be 2 announcements from Iraq for Presidencies... When the Presidencies are announced, the PM announcement will FOLLOW or take place SIMULTANEOUSLY. The RV will not be announced. The new Prime Minister will be Announced. Maliki is no longer an ISSUE at this time.
7-20-2014 Newshound Guru Millionday [Do they have to have a reality rate to approve it-the budget?] no they will make the adjustments through the data entry system. [so is it possible we may see the reality rate before 2015?] it is possible to see the rates done at anytime. they are saying...that they can finish the budget without having the president and pm in place as long as they have quorum so they are moving forward with it in parliament.
7-20-2014 Intel Guru Bluwolf ...if the PM was seated today you RV shall follow immediately, it will be silent so please be aware....when the GCR hits the fan it will be announced worldwide. Let me inform all that we are not confronting any delays.
7-20-2014 Intel Guru EXOGEN The United States & United Nations are firm on no Internationally Tradeable Currency for Iraq Until there is a Prime Minister Seated. Next week should be EXTREMELY Interesting. Based on the Iraq Constitution they could actually drag this out until August, but they are on a FAST TRACK Plan now. What is now taking place is INTEL/News Articles/Iraq Constitution & Global Markets are all in PERFECT balance ie... Parallel. We are now in the BEST Window EVER for this Investment! 7-19-2014 Intel/Newshound Guru Poppy3 THIS INFORMATION CAME STRAIGHT FROM INNER CIRCLE IN BAGDAD NEAR WHERE MANY OF THE MEETING SINCE LAST SUNDAY HAS TAKEN PLACE. AT THIS TIME IT IS ONLY A LEAK TO THE STREET BUT WITH THE TIMING OF IT AFTER A LARGE FINANCIAL MEETING IT SOUNDS VERY PROBABLE TURKI IS THE MAN THEY HAVE ALL AGREED ON. ALSO IN THINKING ABOUT HOW THIS IS HAPPENING I SUSPECT THEY ARE PRETTY SOLID ON KNOWING WHOM THE NEW PM IS GOING TO BE. I WAS TOLD A COUPLE WEEKS AGO IT YOU REMEMBER THAT THEY ASSURED THE PEOPLE OF IRAQ THAT THE NEW PM WILL BE SOMEONE THAT WILL BE INCLUSIVE OF ALL IRAQ. THE CLOSER WE GET TO HIM BEING NAMED OFFICIALLY TELLS ME TURKI WILL KNOW AHEAD OF TIME AND THAT MAKES THE POSSIBILITIES FOR HIM TO ACT FASTER . TIME WILL TELL VERY SOON. [post 3 of 3]
7-19-2014 Intel/Newshound Guru Poppy3 I WAS TOLD A FEW MINUTES AGO THAT THERE SEEMS TO BE AN AGREEMENT BETWEEN PARTIES THAT REGARDLESS OF WHO THE NEW PRIME MINISTER WILL BE THEY HAVE AGREED TO ASK TURKI TO REMAIN AS THE GOVERNOR OF THE CBI. IF THIS IS TRUE AND I FEEL SURE IT IS THEN IMMEDIATELY AFTER THE PM IS SEATED THE RV IS POSSIBLE AT ANY MOMENT FORWARD. THIS IS GREAT NEWS BECAUSE THAT ELIMINATES US HAVING TO WAIT TO SEE WHO THE NEW PM WOULD APPOINT TO THAT POSITION. I DON'T KNOW ABOUT YOU GUYS BUT MY EXCITEMENT HAS RISEN TO A MUCH HIGHER LEVEL TODAY. [post 2 of 3...stay tuned]
7-19-2014 Intel/Newshound Guru Poppy3 GETTING GREAT INFORMATION BUT THE FACT REMAINS THAT THE TRIGGER ON THE RV WE ARE STILL WAITING ON. THAT BEING SAID ALL...THE NEWS BOTH POLITICAL AND FINANCIAL SOUNDS VERY PROMISING. ONE THING THAT I AM SURE THE CBI AND ALL FINANCIAL BODIES ARE WAITING ON IS THE FINAL ANNOUNCEMENT AND COMPLETED VOTING AND BEING SEATED OF ALL THE PRESIDENTS AND DEPUTIES AND ESPECIALLY THE NEW PRIME MINISTER. [post 1 of 3....stay tuned]
7-19-2014 Newshound Guru wmawhite ...reported earlier..."BREAKING: President Jalal Talabani's plane has just landed in Sulaimaniya International Airport. #Kurdistan #Iraq" Talabani is the most outstanding leader from that region in many, many years. Just his presence will bring a calming affect to all involved.
7-19-2014 Intel Guru TD I was able to learn that Maliki seems to have finally come to grips with the fact that he must go. At this stage he is still hoping for his party to rule and whether he can call plays from the sidelines. My Kurdish friend indicates the Kurds are at least "listening" to participate in a new Iraq. They are not abandoning their dreams of independence and so if the deal is not both "Soon enough" and "The right deal", then all bets are off. Lots of political tug of war still to be seen in the months ahead. [post 2 of 2]
7-19-2014 Intel Guru TD Dinarland is always jumping the gun when it comes to currency reform. While the goal of graduating to international markets from a program rate is on everyone's radar, the means to get there took several steps back with recent turmoil. Just the fact that the factions are "talking" is a huge victory as they "try" to regroup and save an "identity" known as Iraq. Make no mistake though that we are NOT out of the woods just yet and WHETHER they can build an inclusive, functioning and stable government is what the entire world is waiting to see. Introduction of currency reform is a mute point until this happens. [post 1 of 2....stay tuned]
7-19-2014 Newshound Guru wmawhite [has M offically stepped down?] he will just simply not be nominated and then will been officially replace when the vote in parliament takes place. [is M still officially the Prime Minister til the new one gets elected?] IMO, yes
7-19-2014 Intel Guru Frank26 May I suggest to take a serious look and study of The CBI on The 20th.
7-19-2014 Intel/Newshound Guru Poppy3 TURKI STATED A COUPLE MONTHS AGO THAT RAMADON WOULD NOT EFFECT OR STOP FINANCIAL REFORM. WE ARE AT THE END FOR SURE. IT MAY TAKE LONGER AT THIS POINT THAN WE THINK BUT AT THE WORST WE ARE WITHIN A NATS NOSE OF THE BLESSING FLOWING OUR WAY. 7-18-2014 Newshound Guru Tlar If the SOL chooses Chalabi and/or Mahdi, its done and should be signed sealed and delivered on Wednesday. Turki then should feel free to push the button changing the rate within days of the announcement that there is a new non-sec tarian government. Jubilation will finally come to the Iraqi street.
7-18-2014 Intel Guru EXOGEN Fact: There will be no budget till at the least Wednesday the 23rd since it constitutionally requires the signature of the President of the Republic. This needs to be done to officially give all Iraqi citizens their 5% of all oil revenues generated from all Iraqi oil exports. Once the POR is announced on Wednesday, the SOL party being the largest bloc will put up its nominees for PM with the caveat that it cannot be Maliki who should have officially resigned by then, but if not the other blocs will unite and become the largest bloc and will name their own PM which will then bring in the new ministers and replace the old SOL ministers that are there working now.
7-18-2014 Intel Guru DC [via Duke] Finally as the tide is coming against [Maliki] in a major way he finally said I’m gone. Therefore he issued his retirement again and resignation to all parties here in the past few days yet again and it was accepted. UN is happy/pleased on how quickly Iraq settled down - and their political process is maturing. Everybody is where they should be and hopefully they will make these decisions quickly.
7-18-2014 Intel Guru TNT Tony [via Duke] Iraq has done everything they are supposed to do and notified everyone they are ready - that notification went out this AM. UN is happy. Its' a great day today and we are hoping final decisions will be made. Last 48 hours have been actually up and down for us but right now...where we're at things are looking good. We're where we need to be for final decisions to show...announcements will come but I don't know when...we are in a good place.
7-18-2014 Intel Guru Okie_Oil_Man FROM SOURCES THIS PAST WEEK THE ACCOMPLISHMENTS IN IRAQ THAT HAS BEEN HAVING AN EFFECT ON THE GCR/R/V PP HAS BEEN SUCCESSFULLY COMPLETED. ALTHOUGH THE R/V-PP/GCR WAS DEBATABLE ON IRAQ'S POLITICAL POSITION IT WAS GIVEN PERMISSION FROM THE B.I.S. AND I.M.F. AS A MATTER OF COURTESY FOR IRAQ TO HAVE THE PRIVILEGE OF INITIATING THE ACTIONS THROUGH ANNOUNCEMENTS MADE BY IRAQ AS TO THE COMPLETION OF THESE 3 EVENTS. SOURCES ARE EXPECTANT OF THE ANNOUNCEMENTS TO COINCIDE WITH THE ANNOUNCEMENT OF THE GOV OF IRAQ BEING SEATED. IT IS STATED THAT C.L [CHRISTINE LAGARDE] AS WELL AS J.L. [JACK LEW] IS GOING TO MAKE AN ANNOUNCEMENT SUNDAY. I ANXIOUSLY AWAIT PROOF OF THE ACTIONS BEING STATED.
7-18-2014 Newshound Guru tman23 From the outside looking in it appears that the POR nominee will be known this coming Sunday...Then come the following Wednesday, 23rd Parliament will convene and elect Barham Saleh. Barham Saleh will the direct the largest party to begin forming the government which is announce your PM nominee. The SOL being the largest group will announce Shahristani as their nominee which I believe may take place on the 27th...Thus the 28th a Monday we will know who is who and between the 28th and 30th we will have the new PM nominee elected.
7-18-21014 Newshound/Intel Guru BGG [Do you think rate is under or over $1.] I'm far more interested in the "date" than the "rate"... just get this party started!! They could tell us it's $35...but if it never happens - what good is it??
7-18-2014 Newshound Guru Tlar Articles: "Kurdish source: Akila Talabani agree to run for the presidency in favor of return for abandoning his party" "Qubad: President Talabani to return to Iraq next Saturday" [would having Talabani back be a detterrent, or an aide in The process of the selection of the POR, & ultimately the PM position?] I don't believe it would change anything anymore.
7-18-2014 Intel Guru SteveI The next huge question is the federal budget of 2014. They finally combined both the 2014 and 2015 into one. This is a huge plus for our investment because they are now looking forward into the future. So, the next thing on everyone's mind is the rate. The rate I posted a while back stands. ...as for a timeline and based on the speed of the importance of the budget, I feel that by the end of next week which is close to the end of this month, we will finally share reality that was only dreams prior to this. [post 2 of 2]
7-18-2014 Intel Guru SteveI The parliament [is] now complete. Iraq has a full sworn in (under oath) parliament. This is huge, actually the best news yet because the completed parliament has the power to move the country forward. Now is the million dollar question, who will be the next Prime Minister of Iraq. I can assure you the the current one is no longer a factor. The Prime Minister is submitted by the largest bloc and yes, the parliament approves him too. The parliament has full control at this point. This again is huge with respect to our investment...the next Prime Minister can appoint a new Governor of the CBI. [post 1 of 2....stay tuned]
7-18-2014 Newshound Guru Millionday Article quote: "Mass citizen confirmed to having the chance to rectify the vote on the current year budget in 2014" they are saying that the plans are to hustle and i mean hustle with the budget ...very interesting how much they are working -- love it.
7-18-2014 Intel Guru tman23 [new guru] There is no firming up the POR position, that position is settled and has been for 18 months...Maliki internally has agreed to resign his position as a nominee for PM, the SOL is not waffling...As of now the steps being taken are to stabilze the military before announcements and the upcoming transition...The second focus is on the corruption of Iraqi politics...It is said that political corruption causes a corrupt military, these 2 events political and military are being stabilized...NO DELAYS...it is a process. Please understand that those are not my thoughts...simply what I was told... And it comes from the direction that told me Jabouri selected to be speaker...and 18 months ago that Barham Saleh was definite POR...and that Shahristani was setting up for PM...Way before the news articles.
7-18-2014 Newshound Guru wmawhite the CBI knows how much IQD is outside of the CBI. They have accounted for every one of them...also, the CBI could not care any less if I owned everyone of those IQDs or if they were shared between everyone else. They do not care. The CBI already knows what will happen to them...the virtual rebuilding of a country's financial sector is a process with a start date and end date. This process requires the assistance of many people and institutions from around the world. We believe they are near the end of it...although it will never really end. When they are ready they will push forward and do it... 7-17-2014 Intel Guru SteveI In Topic: "Mass Hakim talking about an opportunity to approve the 2014 budget" Budget, Budget, Budget. I really like the fact of the urgency and how they are responding to it. Many great things are happening behind the scenes. Go Iraq!!
7-17-2014 Newshound Guru Tlar Article: "Newspaper close to Iran, al-Maliki confirms intention to resign" The heat is all out on him with the Iraqi political system calling for his resignation. Iran is calling for his resignation along with every country around Iraq, plus Europe and the US and Australia. When you throw in al-Sistanis warning to come out totally against him if he doesn't resign in now 5 days, he is in deep trouble. Maliki has become toxic...It is my belief he will resign and then run or he will just run. He can't stay in Iraq or he will face some very serious charges.
7-17-2014 Intel Guru EXOGEN The European Parliament just passed a national referendum against Maliki And former Iranian President Rafsanjani who is now the richest man in Iran and has more clout than their President just told Maliki he has talked to O [Obama] and they both agreed he needs to accept the deal they have for him. Maliki will be officially taking "the deal" early next week....and the POR named on or before Wednesday and the PM shortly thereafter within a PTB timeline to have all done by end of month.
7-17-2014 Intel Guru SteveI There is no doubt in my mind that there will be some (few) adjustments for the 2014-2015 federal budget. But for them to drag this out, no, that will not happen. Our sources have told us this is first on the list. Budget and HCL will be passed together. Then you know the rest of the story.
7-17-2014 Intel Guru WILDDUCK I THINK WE HAVE A WINDOW LEFT OPEN AND FOR ALL OUR SAKES I HOPE THAT THEY GETTER DONE SOON. [when do you feel "this window" will close? IYO.] SOON… THERE REALLY IS A LOT OF HEAT ON, THE PROBLEM WITH MOST IS THEY DO NOT REALIZE THAT IRAQ NEWS IS 3-4 DAYS OLD BY THE TIME IT GETS HERE, THAT IS WHY THE INTEL I RECEIVE IS HOT, FRESH...THIS RIDE IS SO OVER ...BEST START PLANNING A NEW LIFE THIS VENUE IS ABOUT TO CLOSE.
7-17-2014 Newshound Guru Tlar The new POP, Jubouri, seems very serious about his job. He wants to go out of the shoot getting the 150 laws, which includes Article 140, the oil and gas law and many laws pertaining to assisting the economy grow that Maliki and his government have held up for 8 years finished as quickly as possible. With a government that is non sectarian he can accomplish it. The budget will be the first thing he tackles and should go up for vote immediately following the POR being elected. The POR has to be in office to sign the budget. The budget will set many things in motion. The CBI is ripe for monetary change and we know Turki is itching to get it going. As long as this government is finished this month as I believe they have to, it is my belief we will finally see that long sought after change in the exchange rate. I stand by the over $3.25 to $3.65 rate.
7-17-2014 Newshound/Intel Guru BGG [are you more excited than you;ve been in past with this news?] Very much so. [do you see an rv in our very near future?] if this GOI is seated as quickly as I think - maybe - just maybe...
7-17-2014 Newshound Guru wmawhite The Washington Post: Maliki will announce his resignation and will support an independent candidate to succeed him! Date: Wed, 16/07/2014 According to the Washington Post, quoting media sources, especially by Iraqi Prime Minister Nuri al-Maliki will announce his resignation within days, indicating he would support an independent candidate to succeed him...
7-17-2014 Newshound Guru Tlar well in true Iraqi style they have managed to push the next parliament into next week. The POP (President of Parliament) and his deputies are voted on and in place. The reason for the delay is not real clear but I believe it is to give more time for the POR (President of the Republic) to be firmed up. It is my belief that this is a dodge. The SOL has been waffling the last couple of days as to whether they will nominate Maliki or not, so it was decided to give it one more week...there is in place a battle plan to finish this next week meaning voting on the Presidents and the PM position. The next parliamentary session is scheduled at present for Wednesday but it might come earlier (the POP can call them in earlier) if they can solve the PM position with the SOL. Barring that not happening, the coalition is prepared to finish this with a no vote on Maliki.
7-17-2014 Intel/Newshound Guru Poppy3 I expect the RV possibility to begin the day the PRIME MINISTER IS SEATED. My state dept contact told me months ago before they held their elections that the cbi, imf and world bank representatives agreed to hold the RV till they know whom they will be dealing with post rv . Remember if there is a new PM THERE COULD ALSO BE A NEW GOVERNOR OF THE cbi BECAUSE THAT IS A APPOINTED POSITION BY THE PM. [post 2 of 2]
7-17-2014 Intel/Newshound Guru Poppy3 HERE is my opinion of where we are and a time table possibility on my best guess which is the best anyone can do at this point. I have been told today that the three presidents have now been agreed on. THEY WILL BE VOTED INTO POSITION ON THE 23RD then there will be a follow up meeting on the 28th that they are hoping to announce a agreement and vote of the new prime minister and opening of their 2014 budget. Meetings have not slowed or stopped since the first meeting last Sunday. [post 1 of 2....stay tuned]
7-17-2014 Intel Guru DC The important part is that things are much more along than portrayed in most news areas. Security in Iraq is better...CBI is ready to rock; most of the ministers are slated for their positions. Banks have been given notice to get their act together in Iraq. In the USA, the UN is prepped and ready to go. They are content and ‘happy’ with the progress Iraq has made yesterday and today. The administration and affiliates have said “Okay, we give our blessings on this”. The banks are ready or getting ready...I have heard from many different people that everyone is to be ready, and the game is serious. It is my strong contention that the PM [Prime Minister] and the RV will happen at the same time. Bottom line, folks, is that things look exceptionally good.
7-17-20141 Intel Guru TNT Tony This thing is almost over. I can’t tell you the moment, but it’s almost over. We’ve been close so many times, maybe not as close as now, but until the actual announcement is made, anything can happen. Everything we are hearing is good, things are falling into place, people are happy, so we just need to see if we can pull that trigger before anything changes. I do think we are in a good week.
7-17-2014 Newshound Guru Millionday TURKI STATED THAT HE WAS NOT WAITING FOR THE BUDGET AND WOULD FUND THE PRIVATE BANKS WITH INTERNATIONAL INVESTMENT FUNDS TO ACTIVATE THE BANKING REFORM --- MODERN BANKING... [So cbi is sayin they're waiting on government but not the budget?] I HAVE NOT SEEN THE ANNOUNCEMENT THAT THEY ARE WAITING ON THE GOV FOR ANYTHING. CBI COULD RELEASE THE VALUE AND SET THE INTERNATIONAL RATES TO THE CURRENCY ON THE GLOBE AT ANY TIME...CBI IS INDEPENDENT. If you're not already a Dinar Guru member, what are you waiting for? Sign up in the blue box above... the gurus are saying lots of great things are in the works...you don't want to miss a thing.
7-16-2014 Intel Guru Bluwolf Well my belief is that we are just a phone call away from entering the bank. I know for a fact that Iraqí government is now officially sorted out and shall all be seated within hours...CL gave you the time frame and the deadline is 7-20 for the GCR. I will agree on that your rv should be casted off within hours, new PM new International Release.
7-16-2014 Newshound/Intel Guru Doc This article pretty well sums up what our ME contacts told us…"Sunni cleric Abdul Malik Al-Saadi, who praised the "mujahdeen" (holy warriors) leading the revolt, said tribes were the backbone of a broad based insurgency battling against Iraqi Shi'ite Islamist Prime Minister Nuri Maliki's rule…." We categorically disagree with those that are reporting the situation is not that bad. The issue continues to be Maliki has not and most likely will never form an inclusive government. The situation was bad enough that it has led to civil war. For currency reform to even be considered an inclusive, stable government must be formed and functioning. While we believe this can happen it is most likely months away. We are hopeful that 2015 brings a stable Iraq. We report, you decide.
7-16-2014 Newshound/Intel Guru Adam Montana 1, the end of Ramadan (July 28), and 2, the seating of the Government and of course figuring out who will be PM… and all of this is likely to be complete this month! The Kurds are continuing to sell oil and Baghdad isn’t getting any of the proceeds. This is going to continue to put pressure on political leaders to get it together. Obviously this is good for us. Work on the major pipelines continues, which will put more pressure on the HCL… again, good for us…Iraq is doing just fine and I’m looking forward to seeing what they have to offer us in August. [Post 2 of 2]
7-16-14 Newshound Guru Stryker Today started the search for Iraq's New President which ends Sunday the 20th at midnight and Maliki looks to resign anytime now...
7-16-2014 Newshound/Intel Guru Adam Montana Over the last few weeks we’ve been bombarded with doom and gloom about ISIS attacking and much more…The truth of the matter is simple… Iraq is not falling apart, and in fact they are weathering this current storm admirably. The dinar is stable in spite of the situation with ISIS, holding strong at 1200 per 1USD. This is good…we are looking towards two things: [Post 1 of 2 Stay tuned for the rest of the story]
7-16-2014 Newshound Guru tlm724 Article: "Jubouri: there is a package waiting for approval laws" Quote "there is a package waiting for the laws of the new deputies for approval" you never would have heard those words from Najafi! Najafi didn't care...great news.
7-16-2014 Newshound Guru tlm724 I think that Gov Turki is getting more and more secure in his aspirations for the [removal of the three zeros] project. I will say again, the security he and Dr. Shabibi meant IMO was the secure banking electronic system...everyone should be excited because the new GOI has the chance to breathe life back into Iraq and into your investment! It's a New Iraq!
7-16-2014 Intel Guru TerryK THIS WAS SYNCED TO HAPPEN AT 2...THEN PUSHED TO 6 AM. NOW THEY ARE TO OPEN THE BUDGET AND SIT TWO POSITIONS TODAY AND WE ARE TO SEE THIS LATER HOPING LATER TONIGHT. VERY QUIET, THATS THE DESIGN AT THE VERY END.
7-16-2014 Newshound Guru Shredd imo, as soon as govt is seated, the CBI will engage the removal of the three zeros project as Turki stated and that will bring a rate set.
7-16-2014 Newshound Guru Tlar Comment - the President of parliament and both his deputies have been voted in. Tomorrow [Wednesday] they work on the President of Iraq and his Vp's. That should take no more than a couple of days to get done. Then move onto the PM position. Maliki seems to have a problem. He was asked to leave parliament because he was not sworn in. He can't be sworn in while he is the acting PM of the previous government. He has to resign first before he can be sworn in. If he resigns he knows he could be arrested. Catch 22. Once the PM position is up for grabs, he will not be eligible if he doesn't resign and get sworn in. Gees, what's a dictator to do. Has he been alphonsed by the system. If he resigns he looses his immunity. All the new speaker would have to do is postpone the meeting one day not allowing for him to be sworn in and he would be exposed without immunity. This thought was brought to you by a friend named Revbo. I think it is dead on.
7-16-2014 Newshound/Intel Guru BGG The big news is Jubouri was elected as Speaker of the House, and 2 or 3 deputies. Maliki was asked to leave Parliament because he had no business there & was escorted out. When Parliament was sworn in, I think it was the beginning of the end for Maliki. IMO, as soon as this government is seated and settled, one of the first conversations will be financial reform, economic reform and currency reform. Currency reform is not going away. It is a very very public topic. So, once all the roadblocks are out of the way you will see something done about that in very short order. I think in the next few days there will be some resolution to this whole government situation. This is magnificent news for our investment and for Iraq. Good things coming in the next few days.
7-15-2014 Intel/Newshound Guru Poppy3 [Still think the RV could come quick after they get this done...?] YET TO BE SEEN, BUT FROM ALL INDICATIONS ON THE FINANCIAL FRONT THEY WILL NOT WAIT LONG TO RV AND GET INTERNATIONAL. I SEE NOTHING HOLDING THEM BACK AFTER THE PM AND GOI ARE ALL SEATED.
7-15-2014 Intel Guru TerryK I'M GOING TO BE VERY CAREFUL HOW I SAY THIS. OK, READ BETWEEN THE LINES...TONIGHT SUPPOSE TO HAPPEN WHEN THE BANKS SYNC AT 2 AM. I REALLY HOPE THE LEAD TODAY IS CORRECT FOR TONIGHT.
7-15-2014 Newshound Guru Tlar In any event Turki also said over a month ago, "if the government were put together (settled) he would do it today when speaking of monetary change." The CBI has said on numerous occasions that prices are firm in the market and that the dinar was strong during this period. He has continued with BUSINESS AS USUAL just waiting for the government as we have been. THEY ARE READY AND WAITING. [post 2 of 2]
7-15-2014 Newshound Guru Tlar While we have mostly concentrated on the politics of Iraq, the CBI has been forging ahead. The rate is under their control and meets the IMF requirement to move to an Article VIII currency. Article VII means a currency that can be traded globally. Once the government is set the budget will be the first order of business. The budget can be voted on before they vote a new PM in but the way things are moving the new PM should be in place by the first part of next week IMO. The CBI has stated since the beginning that the reserves are out of country being held at banks around the world and will be brought back home once the government is set. It is my belief that the reserves were being protected not from the ISIS, but from Maliki. [post 1 of 2....stay tuned]
7-15-2014 Newshound Guru Stryker An Historical Day Took Place in Iraq Today. Today in Parliament saw MP Salin-al, a Sunni elected as Speaker of the Iraqi Council of Representatives, then later today the First Chair Speaker went to Haider Abadi from the State Law Coalition. The Kurds ended the parliament day with their own Aram Shelkh Mohammed winning the Second Speaker Chair, now the President process starts. We have witnessed the start of the formation of the New Government in Iraq and there are signs the process will not be stopped. You may want to tell the people that think nothing happens during Ramadan to think again. I really like where we are right now folks.
7-15-2014 Intel Guru Mnt Goat They must choose a president within 30 days of electing a speaker. The clock starts ticking today. I believe they will have the president announced before this current session is over. They must nominate a new prime minister Within 15 days of the president's election. We can expect the new president to be voted on very quickly. Then the fun begins with the battle for the new prime minister. The longest they can legally go now without having a full government seated, according to their constitutional deadlines, is August 29th but we have seen these dates come and go before. [post 2 of 2]
7-15-2014 Intel Guru Mnt Goat The Iraq parliament...did meet on Tuesday, which was its third meeting. The Iraqi parliament named moderate Islamist Sunni politician Salim al-Jabouri as the new speaker. The second step to building their new government is done. A date for the next session or continuation of this session has not yet been announced or will they simply continue with this current session? If they continue with this third session they could simply meet tomorrow again and continue their work. We could possibly have all of the three presidents seated by the end of the week if no interference or arguments arise. [post 1 of 2....stay tuned]
7-15-2015 Newshound Guru Tlar Article: "Minister al-Maliki and leaving the chamber after a request from the Kurdistan Alliance" Kurdistan asked Hafez to remove Maliki and his Ministers from the parliamentary session (Tues) at the get go. Maliki and his Ministers that were not re-elected and had they had no business being in the session. Hafez agreed and Maliki and his ministers were to leave and according to this article, they did.. There is no news yet as to the POP being elected but this is a good sign. Maliki and his Ministers will not be allowed to attend these sessions so disruptions if there are any, will only come from the SOL. I don't think we will see many now that al-Sistani have given an ultimatum for the resignation of Maliki and has made it clear there will be a price to pay if he does not and that he will inject himself into the process and he will pick the nominee for PM if he has to.
7-15-2014 Newshound Guru chattels [think we'll get a PM today?] most anything is possible, but i would be surprised if a complete government is seated today. [do you think that's what we are waiting for? A complete gov?] i think that it is likely one thing that we are awaiting. [Is jourbi a good choice?] unknown to me, but perhaps it is progress and what we need/want is not certain people but closure and completion. no nomination of the PM as yet...the only determinative vote by the Parliament today of which i am aware was for the Speaker of Parliament, Jobourri.
7-15-2014 Newshound Guru Tlar Originally the coalition had hoped to bring the SOL around to their way of thinking and then put up all the positions in one basket and usher in the new government on one vote. This has proven almost impossible and 15 days later the plan apparently has been changed. The new plan is to chop this tree down one chop at a time. In other words one position at a time. It will be interesting to see if once the government is set, everyone but the PM position, will the SOL still stay the course and still nominate the toxic Maliki or will they finally come around. It will take a few days voting everyone in but the PM and there is still hope for a Maliki resignation. Barring that happening, the coalition still holds all the cards. If the SOL nominates him he will be voted out immediately.
7-15-2014 Intel/Newshound Guru Poppy3 THE NEWS IS WILD TODAY AND TONS OF IT FROM ALL THE MEETINGS SINCE THEY ADJOURNED SUNDAYS MEETING ENDED WITH NO OFFICIAL PROGRESS. TOMORROW [TUESDAY] THINGS ARE SAID TO BE READY TO GO FOR A FINISH. THEY ARE SAYING THE MEETINGS HAVE PRODUCED THREE SOLID CANDIDATES THEY HAVE ALL AGREED ON AND MALIKI ISN'T ONE OF THEM AND HE HAS NO VOTE. HIS OWN BLOC APPEARS TO HAVE PARTED WAYS WITH HIM AND WILL SUPPORT SOMEONE ELSE. ...I AM GETTING EXCITED AGAIN. I CAN SEE AN END TO THIS.
7-15-2014 Newshound Guru Millionday Article quote: "The top Shi'ite cleric in Iraq, Ali al-Sistani has delivered a verbal message to the outgoing Prime Minister , Nuri al-Maliki, telling him that he should step down from his post during a week to make room for to choose an alternative and end the crisis in the formation of the government." SO AS WE SEE HE THE RELIGEOUS AUTHORITY HAS ASKED MALIKI TO HIT THE ROAD JACK. [If they want Maliki out why is he staying?] HE SEEMS TO THINK THAT THINGS WILL CHANGE BY TAKING CREDIT FOR UPCOMING CHANGES AND PROGRESS BUT I DONT THINK THAT IS AN OPTION DUE TO THE LOSS OF SO MANY AND HIS LACK OF LEADERSHIP.
7-14-2014 Newshound Guru Stryker The Kurds have already said that they will attend tomorrow's next session and will announce their candidate for President of Iraq, Barham Salih. Folks, the Kurds have already said that they will not attend these sessions unless there is a clear consensus for forming a new government so their mere willingness to participate is the greatest sign at this point we could have, in my opinion. On the economic front the CBI has announced yesterday that Iraq's electronic payment system is ready along with its ability to go international with it. ...as soon as Turki is comfortable with the political situation, he should be ready to delete the zeros from the exchange rate because it seems that he now has all the measures in place he spoke of to implement the project. We are getting closer each day. [post 2 of 2]
7-14-2014 Newshound Guru Stryker Iraq's political situation is ever changing and things are really starting to get interesting in Iraq. Sunday's session in fact did see a quorum of 233 deputies, even without the Kurds attendance. It wasn't that the Kurds did not want to attend or because of them boycotting the session, it was due to a sandstorm in Baghdad which closed down that airport causing the Kurdish MP's from leaving from their airport in Erbil. Unfortunately because of differences, the parliament members failed to name a new speaker of the house, nor its two new deputies but yet I see it as an important step toward their willingness to form a new government. [post 1 of 2....stay tuned]
7-14-2014 Intel Guru DC [via Adept1] In Iraq, we have folks who have agreed with all the positions; they were supposed to make it public over the weekend. Due to some interference by international parties (US and others), they pushed off the announcements until tomorrow. That’s when they will announce the top three positions and more. We are scheduled and prepped to be ready. Our understanding that the RV will follow quickly after that. The CBI did something wonderful that is supposed to be done at the same time as the RV. Their Qi [cards] are international and hooked up to the international links. They have been preparing this to do it at the same time as the RV, but they are now ahead of the game. ...the US, the UN and DC folks...are absolutely set on this RV. Everyone is ready to go, cued up, with three different windows tonight and tomorrow. We are just waiting on those announcements...The pressure is to get it done tomorrow.
7-14-2014 Intel Guru TNT Tony [via Adept1] There are great things to be excited about. ...we have told people since last winter that their Qi cards were international. Now it’s just like their stock market and IPOs were international, but they were using paper rather than using computers. The significance here is that they have plugged into the Visa/MasterCard system that the rest of the world has. [Is the VNN going with the IQN at this time?] I believe so. I didn’t think we would make it past last week. Many powerful people thought it would go last Monday, and we were notified accordingly. We had a similar level of notification this week. We are confident where things are. They’ve said tomorrow in the media, and among the politicians…
7-14-2014 Newshound Guru Millionday Article quotes: "According to a statement of the Secretariat of the day that the General Secretariat of the Council of Ministers announced on Tuesday an official holiday mentioning revolution of July 14...an official holiday for all state departments." this holiday is the celebration of revolution and is a state holiday they used to have annually.
7-14-2014 Newshound Guru Stryker The Last Measure is in Place for Currency Reform. This will enable the Governor of the Central Bank of Iraq to delete the zeros from the exchange rate.
7-14-2014 Newshound Guru Millionday "The CBI adopted the Visa card system to develop the financial and banking sector and to create an atmosphere of competition among the different banking and financial establishments in Iraq." [Does this mean it will be international banking?] yes they will be using international banking when this is all activated through visa and its capabilities --- the smart cards will be given to citizens outside of Iraq but that are Iraqi citizens for distribution they have coming for oil proceeds and benefits they have been approved for when they are activated for international use -- meaning they would have to also have a plan in ink about the calculation for reality rate coming or how it is being done.
7-14-2014 Intel Guru TerryK Article quotes: "...Vietnam has been recommended to apply a new foreign exchange policy which allows it to valuate the Vietnam dong in correlation with more than one foreign currency. This will be a reasonable choice which helps both stabilize the exchange rates and ensure the flexibility of the nation’s policies.” “Now is the right time for Vietnam to follow the new policy, as it now has all the necessary conditions to do this." " It’s obvious that the Vietnamese dong is about to be revalued but how that revaluation will look on the other side is not clearly determined." THE DONGS REVALUATION IS IMMINENT.
7-14-2014 Intel Guru Bluwolf The components and scenes in the middle east are defecting the eyes of many, shifting the mood from lies to reality, the stage is all set...Our reality is just a matter of well precise bank timing. Movement on all aspects of this rv has been taken, all unsolved measures taken care of, change is in the air. No one will speak about Iraq again, for its government is seating, it is to go international at any moment, even maybe tonight.
7-14-2014 Newshound Gurus Shredd & tlm724 Article: "The stability of the dinar exchange shares in maintaining the prices of goods" interesting we keep seeing this clarification that the daash violence is not affecting the dinar. The intent is to calm fears, especially in the investment scope I'm sure. Then, the reminder of the wealth of Iraq...while that's certainly true, the perceptions and fears of human kind are what need to be mitigated. Imo, that will happen very quickly once the goi is seated and fair representation of the sects is accomplished...how long that will take is another thing. I have a feeling it won't take long, Gov Turki has things just where he want's them.
7-14-2014 Newshound Guru wmawhite It may very well be that the Board of Directors of the CBI are waiting for the formation of the government regardless of who is the PM. Have you noticed that the CBI has continued with the reforms of the banking system...they do not sit still. Besides my thoughts/opinions about the CBI...I too believe that the different blocs will not agree to a government if Maliki is still there. I believe an all inclusive GOI is in their future. [I think/hope that they are ready... get Turki a GOI and he will give us the RV.] Agreed. [post 2 of 2]
7-14-2014 Newshound Guru wmawhite [Do you believe no RV with M [Maliki] around?] We can only go on what the CBI has stated and if the translation is correct, Turki made reference to when the government is decided and that is open to translation. Does anyone really think that Iraq is going to keep to value of the IQD at 1166 when they are going to be the richest country in the region? So if you believe they will or they need to increase the value of the IQD, does it matter to the CBI who is the PM? I don't think so, just my Opinion. [post 1 of 2....stay tuned]
7-14-2014 Newshound Guru Kaperoni Article: "The stability of the dinar exchange shares in maintaining the prices of goods" Quote: "The exchange rate of the dinar in 1220 dinars banking offices in the official exchange rate of 1166 dinars and the price is stable, as the increase up to 2 percent represents an acceptable price and stable, according to financial expert, the appearance of Dr. Mohammed Saleh." Glad to see Saleh confirm the 2% spread. As well, he makes a very solid statement that the Iraqi dinar would be considered a "hard currency" if not for the absence of mechanisms...which to me means open the currency to the world (Article VIII) and a new Exchange Regime (they must get off the peg and on to some sort of float)...only currencies that float are considered "hard currencies". The last few days of CBI news does give me more optimism about the banking system. For sure the CBI is pressing forward to prepare for the day of Article VIII and a new Exchange Regime. We just need the rest to fall into place.
7-14-2014 Intel Guru TerryK I CAN'T HELP BUT SIT BACK AND SMILE AS I KNOW IT'S RIGHT HERE... ANY MOMENT.
7-14-2014 Intel Guru MarkZ All is good. I expect between now and Wed to be full of great news. 7-13-2014 Intel Gurus NOVA & Delta Please See Below And Realize THIS IS THE CBI TALKING! CBI issues Visa cards: Quotes: "The Central Bank of Iraq announced adopting the electronic payments of funds (Visa Cards)..." "The CBI adopted the Visa card system to develop the financial and banking sector and to create an atmosphere of competition among the different banking and financial establishments in Iraq." "The new system will organize the work of the providers of the service and issuing licenses for them according to the law No. (4326) of 22 June 2014." WITH THE CBI ANNOUNCEMENT TODAY ABOUT ISSUING VISA IS HUGE ONE. FOR CBI TO HAVE CONTRACT WITH VISA THEY MUST BE ABLE TO HAVE FREEDOM OF MOVEMENT OF CAPITAL! THAT MEANS ARTICLE 8 AND SINCE 1166 IS A PROGRAM RATE THEY HAVE TO COME OUT WITH TRUE RATE.
7-13-2014 Newshound Guru Tlar The POP has been approved by the majority of the blocks. He is Jubouri. There has been no voting yet because the Sunday session was postponed 48 hours due to the Erbil airport being shut in with a sand storm. The Kurdish MP's could not get to the Sunday session on time so Hafez postponed the meeting until Tuesday, our tomorrow night. It is rumored the SOL may have finally decided to un-nominate Maliki and nominate a candidate acceptable to everyone. At least there are leaks coming out of the meetings indicating this. We will see if that's true and if so, then we're are very close indeed.
7-13-2014 Intel Guru Delta [what would happen with our investment, if Iraq would fall apart in 3 smaller countries?] IF IRAQ FALL TO 3 SMALLER COUNTRIES, THEN YOU SHOULD BE MORE HAPPY FOR OUR INVESTMENT, BECAUSE THE CBI BELONGS TO IRAQ AND THE OFFICIAL CURRENCY IS IRAQI DINAR NOT KURD DINAR, ALSO KURDS HAVE NO CENTRAL BANK AT ALL.
7-13-2014 Newshound Guru tlm724 Article: "Industry proceed with the application of the law to protect Iraqi products" I just can't begin to tell you how important this step is for Iraq and for us! This electronic linking has opened all the doors, they have accountability now which they have NEVER had. the minister of industry is going forward with the laws that were already passed but never implemented! This leads to the full implementation of the tariffs! now the GOI and the CBI, banks are linked and going global according to Gov. Turki.
7-13-2014 Newshound/Intel Guru BGG Parliament session adjourned till next Tuesday. Make no mistake – this was not for lack of “compromise” – everyone was there. They had their candidates in hand. This was about Maliki and the SLC core leadership not willing to let Maliki go as the PM. This is about political maneuvering to get rid of him. Period. Better for us to wait a bit than be stuck with Maliki again. We did see a lot of progress on the candidates - except the one that matters the most. The other spots are settled. (I think...) They are working on a way to ditch Maliki.
7-13-2014 Intel/Newshound Guru Poppy3 ...IT DOES APPEAR THAT THE CBI IS COMPLIANT OR AT LEAST VERY CLOSE TO BEING COMPLIANT IN EVERY WAY TO BE ABLE TO RELEASE THE RV. THERE IS NOT ANY WAY OF KNOWING WHAT THEIR TIME TABLE WILL BE ONCE MALIKI IS GONE. I FEEL THAT BECAUSE OF ALL THE PRE-WORK TO BECOME COMPLIANT AND THE SPEED AND DEDICATION IN THE LAST MONTHS INDICATES A URGENCY FOR SOME REASON AND THEY HAVE NEVER WORKED SO DILIGENTLY OVER ANYTHING AS THEY HAVE PREPARING TO BECOME A WORLD FINANCIAL POWER.
7-13-2014 Intel Guru Frank26 AMERICANS, Whoever they may be, have been WORKING with The Politicians in Iraq over time in the last five days! A USA Delegation is cleaning house right NOW! Hakim has had some successful meetings with these Americans...BUT if it is M [Maliki] then odds are we have lost The Kurds For awhile. This is from an office and official...USA is still saying M now has to go. Side bar: The CBI NEVER Asked for a seated government. IF all works out BY tomorrow with these politicians SUNDAY will be for a PM...3 presidents...Coronation and "A PLAN"! Lets wait and see what happens tomorrow and 3 days past that. [post 2 of 2]
7-13-2014 Intel Guru Frank26 We do NOT need a GOI for the CBI to release an IR [International Rate] for the IQD...NOTHING is interfering with this process. IMO, They have already sat the Parliament and are working outside of our vision and their two sets of Books never for our eyes. Now..."IF"...They are willing to sit tomorrow in front of the world...Then maybe...Just maybe they will pull this thing off tomorrow as planned. IMO, There is " A PLAN " Being put into place RIGHT NOW. [post 1 of 2....stay tuned] 7-12-2014 Newshound Guru tlm724 Article: "CBI: The use of electronic payment system for the settlement of the instruments between institutions" the MOF was linked June 23rd, sweet! now they can implement the tariffs if they are ready and the CBI as well, global financial transactions etc... going global baby! *hallelujah* [Help me out here if you could, one day Banking Institutions are leaving Iraq due to their concerns and fears, and now there going global...Confused?] the only Bank to physically pull out of Iraq was HBSC, the others are merely protecting their staff during the security crisis, they are not closing their doors permanently. I truly believe the economic and banking policies are going forward, this crisis has NOT stopped the CBI from going forward with reform at all!
7-12-2014 Newshound Guru Stryker Barazani and the Kurds are still a big part of the formation of the New Government of Iraq and as such Barzani continues to have meetings with other Iraq blocs to define the nominees for the three presidents...the Kurds have said that they want a clear nomination of all three presidencies before they attend the session and others have too. The National Alliance held a breakfast meeting today at the home of former Speaker of the House Osama Najafi's to nominate their new candidate for the Speaker of the Parliament. ...it is my opinion that "IF" there is a Parliament session tomorrow it will be adjourned because of lack of quorum. Not because they don't want to work; but because they may not be ready quite yet. Either way we are getting closer everyday...
7-12-2014 Intel/Newshound Guru Poppy3 For 2 days we see articles and cbi announcements...The plan is in MOTION...No need to go through all this expense, time, compliance issues, bank capital requirements, money laundering and counterfeiting regulations, transparency regulations, basil 3 compliance and reserve increases....and on and on - we have reached the culmination of the monetary reform plan! Now by golly, governor turki, pull the cord!!
7-12-2014 Intel Guru Delta [Would love to hear your opinion if they will sit this Sunday.] THERE IS A BIG HUGE PROBLEM WITH KURDS AS WE SPEAK. IF NOT FIXED WE MIGHT NOT SEE THE GOV UNTIL NEXT YEAR. I DON'T CARE ABOUT MALIKI OR KURDS. JUST WATCH THE CBI...CBI CAN RV WITHOUT GOV. THE IMF, THE WORLD BANK, THE WHOLE WORLD CAN'T WAIT ANYMORE. IF THE CBI HAS TO WAIT TO SEE A GOV, THEN WE WILL NEVER SEE ANY RV FOR EVER!!! CUZ MALIKI AND KURDS THEY WILL NEVER STOP FIGHTING. IMO THE CBI WILL PULL THE TRIGGER THIS MONTH.
7-12-2014 Intel Guru Frank26 THE CBI'S MR [MONETARY REORM] HAS NOTHING WHATSOEVER TO DO WITH THE GOI POLITICAL DRAMA. [Just wondered if you want to voice your opinion about the CBI releasing the rate this month?] Without exaggeration I Honestly Feel that with Every passing Nano Second ...There is Great Potential Creativity for the release of The IR [International Rate].
7-12-2014 Newshound Guru Doc This obviously brings us to the state of the dinar. As we have stated on numerous occasions it take a stable government and supporting laws to have a strong currency. Based on this none of our expert contacts believe the CBI will take action any time soon. In fact most have already written off the rest of this year at a minimum. Simply put the political landscape is entirely to risky. Most agree the CBI will have its work cut out to maintain current levels must less look for appreciation. We report, you decide [post 2 of 2]
7-12-2014 Newshound Guru Doc First and foremost the in country fighting is very real. Getting together as a democracy is no small feat for this culture. This is evident by Maliki not doing anything he has promised when it comes to the Sunnis and Kurds. Even recently the US gave him a deadline to form a more inclusive government and that deadline came and went and Maliki has not delivered. We...have witnessed this for years now and our conclusion is Maliki will never yield. Secondly, ISIS is not as strong as one may think. The Sunnis and Kurds are so fed up with Maliki and the Shiites that ISIS was able to catalyze this issue and basically start a civil war fueled by many Sunnis that actually don't hold the extremest views of the hardcore ISIS members. [post 1 of 2....stay tuned]
7-12-2014 Newshound/Intel Guru BGG Everybody that said Maliki was out of the country, gone, his Wednesday speech was made, I promise, from the safety of the green zone. What he did was try to stir up one more crisis, blaming everyone else, deflecting attention off of himself. This is really bad for Maliki. He has to go and that's the holdup for Iraq, financially and otherwise. This meeting coming up is the "ball game", keep an eye on what happens. I think they will make some progress. The next few days, and could even be the next week or two are going to be very critical to where we are. IMO, once there are some stabilizing factors in place in the Iraqi government you will see the economics take off like crazy.
7-12-14 Intel/Newshound Guru Poppy3 THE KURDS HAVE SAID MANY TIMES THEY WOULD NOT SHOW AND YET THE NEXT DAY THEY HAVE BEEN SETTING ON THE FRONT ROW. I HAVE CONFIDENCE THEY WILL BE THERE AND CAST THEIR VOTES TO REMOVE MALIKI AND SUPPORT THE PEOPLE OF IRAQ WITH SOMEONE THAT WILL BE INCLUSIVE. I ASSURE YOU WHOM EVER IS ELECTED PM THEY WILL STILL HAVE CONFLICT BUT AT LEAST THERE WILL BE OPEN DISCUSSIONS INSTEAD OF DISTRACTION. I THINK THIS TIME THEY WILL GET THIS RIGHT FOR THE FIRST TIME IN IRAQ HISTORY. WATCH THEIR ACTIONS...
7-12-2014 Newshound Guru Aggiedad77 "CBI Arabic Announcement Translated - Press Release" More noise by the CBI...no where does it say Q cards...but what else would be considered a safe and efficient means for payment systems today in Iraq? Long time in coming...let's hope it is not an equally long time in loading them up...many are waiting to get paid....projects are on hold at this moment...so much can be revitalized within Iraq because of these cards and the MR [Monetary Reform] process they represent.
7-12-2014 Newshound Guru Kaperoni "Indicators on the seriousness of the Iraqi dinar because of the security crisis and the government strongly reassure reservists" The dinar is in trouble. We have watched the CBI try to meet IMF requirements since last fall and had only minimal success. Even this article states..."..the recovery of the Iraqi dinar has been very slow,.." meaning Turki has not been able to bring the Market Rate down where it should be (within 2%). Printing new notes should help with confidence in the currency, but IMO they need to stop the violence soon or more and more merchants will go to the dollar forcing citizens to get dollars. 7-11-2014 Newshound Guru Millionday [so nothing on m [Maliki] handing over anything at this point?] not at this point -- but we should see by sunday by the looks of things or saturday night -- it looks like all is falling in place at the same time -- the thing is this -- Maliki doesnt hand anything over -- he is either voted in or not -- no control over this. [What actually has to happen in the right direction Sunday?] they are supposed to have the parliament session that announces the names of the three presidencies for the gov...it looks like they are working and the meetings do reflect that they expect to be on time.
7-11-2014 Intel Guru DC [via Adept1] Iraq wants this right now. The question is do they announce the positions first, the RV first, or both together. Everybody is ready whenever they choose the exact time. There are people jockeying for position with respect to the timing...the UST is very eager to get this done...The administration is quite ready; centers and reps are ready, too. Everyone is sitting around waiting for the exact time they do this. Everything is right here, right on the edge.
7-11-2014 Intel/Newshound Guru Poppy3 BANKS ARE MOVING FORWARD EVERYDAY. THEY ARE TO INSTALL THE NEW SOFTWARE FOR INTERNAL COMMUNICATION SOME TIME IN THE NEXT 5 DAYS AND THAT WILL ALLOW THEM TO IN COUNTRY COMMUNICATE BANK TO BANK. THE INTERNATIONAL SOFTWARE IS THERE ALREADY AND OPERATIONAL TO TRADE AND BANK WOULD WIDE.
7-11-2014 Intel Guru EXOGEN NOTE: THEY ARE UNLOADING INTERNATIONAL CARGO SHIPS RIGHT NOW IN IRAQ TODAY! DO YOU REALLY THINK A COUNTRY WOULD SHIP A CARGO SHIP TO IRAQ WITH NO PAYMENT IN FULL UP FRONT AND COMPLETE INSURANCE COVERAGE. THERE IS A LIVE INTERNATIONAL EXCHANGE RATE IN IRAQ RIGHT NOW TODAY! DO YOU THINK A BUSINESS, COMPANY OR COUNTRY WOULD TRUST IRAQ WITH AN IOU FOR A CARGO SHIP WHEN HISTORICALLY IRAQ IS ONE OF THE MOST CORRUPT COUNTRIES ON THE PLANET?
7-11-2014 Newshound/Intel Guru Randy Koonce QUIT LOOKING FOR A DATE TO BE DONE YOU ARE LOOKING FOR THE EVENTS TO TAKE PLACE AND BECAUSE IT IS A POLITICAL PROCESS NO ONE CAN GIVE YOU AN EXACT DATE. Iraq will have to show their GOI before too long...the last time they did this forming of a GOI after the election it went to the first of December...so I am showing you the time does not matter to them...Will it take that long this time? I,and this is opinion, do not think the pressure on Iraq to form a GOI will let them go that long...and they are still broke and cannot pay anyone. [post 3 of 3]
7-11-2014 Newshound/Intel Guru Randy Koonce Question 3 could it take longer for the PM to be seating...Yes...but we do not think so if you listen to all the news the GOI will be formed by the first...that has been moved right now any time to get formed...Question 4 will the fighting stop the RV...It has nothing to do with RV the money was only an issue if the US had troops that the militants could use the money to buy weapons against them. [post 2 of 3....stay tuned]
7-11-2014 Newshound/Intel Guru Randy Koonce we are coming to an end now with the GOI getting formed... Question 1 is Maliki Out...up unitl now he has been fighting to remain part of the GOI....the fighting in Iraq going on right now is because of Maliki so Maliki will not be part of the GOI or even any position...Will he fight up to the last minute Yes, but in the end it will not matter. Question 2 who will be the PM...it will either be Chalibi or Madhi either one for us is fine...we should know for sure in about a day...Right now it is Madhi. [post 1 of 3....stay tuned]
7-11-2014 Intel Guru Mnt Goat So where is this RV heading this coming week? All my intel sources are now telling me they plan to try again this weekend... Today is Friday, the process has already begun and so far it is moving ahead. I do not want to predict any dates or rates but I can say it does look very good for us next week to be at the banks if (remember I said “if”) Sunday’s session in parliament goes well and if their plan to form the government does not get interrupted. I do not predict rates so I will not divulge what I know in this area since they can change and probably will. I will say the IQD market rate is above $3 and the IQN contract rates with China and Vietnam/China (VNN) are still very strong and there is plenty of money remaining in the buckets for our exchanges. [post 2 of 2]
7-11-2014 Intel Guru Mnt Goat ...we anxiously await for the next parliamentary session on Sunday July 13th. All my intel sources from Iraq are telling me it is coming to an end and the government is already decided upon and just waiting for the final voting process as a matter of formality. The plan now is to vote on all three presidencies during this next session. He [Maliki] is gone! He has voluntarily retired and can no longer be a threat to the process of building this new government. As of June 14th his legitimate power as prime minister has ended. [post 1 of 2....stay tuned]
7-11-2014 Newshound Guru Kaperoni Article: "The Parliament of Kurdistan: charges, Al-Maliki's desperate attempt to cover his failure and fuelling the Iraqi Street" It’s become a war of words now between Maliki and the KRG. Maliki threatens them, the Kurds put out press releases and ship more oil. Maliki says they are harboring former Baath members, the Kurds announce a referendum before the end of the year. This is getting progressively worse and hopefully Maliki leaves before more infrastructure damage is done.
7-11-2014 Newshound Guru Aggiedad77 Article: "Ministers of the Kurds did not withdraw from the government" here is the article that I knew was coming...they have not left Baghdad but merely are awaiting the formation of a new government....one that does not include Maliki...I hope they aren't planning on holding their breath on that issue.....the jury is still out...though Sunday is not far off.
7-11-2014 Intel/Newshound Guru Poppy3 [What are your guys telling you regarding Maliki's future?] ...HE IS THE PROBLEM AND I HAVE BEEN SAYING FOR OVER A YEAR HE WILL BE OUT AND A NEW PM WILL BE NAMED. I ONLY HOPE THE NEW GUY RETAINS TURKI FOR AT LEAST A PERIOD TO ALLOW THE RV BEFORE HE IS CHANGED. [post 2 of 2]
7-11-2014 Intel/Newshound Guru Poppy3 I DON'T THINK WE WILL SEE ANY RATE TILL AFTER THE NEW PM IS NAMED AND THE GOI IS SEATED BUT I FULLY BELIEVE THAT ABSOLUTELY THE MINUTE THE NEW PM IS SEATED FROM THAT MOMENT FORWARD THE RV CAN TAKE PLACE AT ANYTIME FORWARD. WE ARE IN GOOD SHAPE IF ALL GOES WELL SUNDAY AND THERE IS NO REASON AT THIS TIME THAT SHOULD CAUSE A PROBLEM. WE NEED TO KEEP EYES AND EARS OPEN ABOUT MALIKI'S ACTIONS IN THE NEXT FEW DAYS. [post 1 of 2....stay tuned] 7-10-2014 Intel Guru Jester [is Maliki in or out...] HE IS STILL WHERE HE WAS AS FAR AS I CAN TELL... THE KURDS ARE DEMANDING...AND MAKING A STATEMENT TO GET HIM OUT BUT FROM WHAT I CAN SEE IT IS GNASHING OF TEETH SO FAR... [there is no "one thing" that means RV...right?] I CAN TELL YOU FOR A FACT...THERE HAVE BEEN HUNDREDS IF NOT THOUSANDS OF EVENTS THAT HAVE BEEN REPORTED TO MEAN SOME SORT OF INDICATION OF THE RV THAT SIMPLY NEVER PANNED OUT.
7-10-2014 Newshound Guru Tlar There is no news that is noteworthy coming out. At this point in the process, no news is probably good news. What is being printed is utter nonsense. Articles...saying the US and Iran are on board with a third term, are ridiculous... by and large the SOL has turned its back on Maliki. I am hopeful that they can build the government in one day but realistically it might take a couple of days. If we see the new POP in place, that means to me that the 3 presidencies are more than likely to follow quickly. It also could be that the new government could be introduced all at once before Sunday. If that happens we would then know that parliament has already been in session for a few days and would answer...the question, "if parliament is not in session, where are all the new laws that are being announced in the Gazette coming from?"
7-10-2014 Newshound Guru Aggiedad77 Article: "Indicators on the seriousness of the Iraqi dinar because of the security crisis and the government strongly reassure reservists" I firmly believe there must be a large number of people around the world that only read headlines and some of these are written purposefully to incite fear just from the title...while many Iraqi's made the choice to remove their money from various banks at the outset of the security issues with ISIS...the dinar itself has essentially remained unphased by the crisis.....as has been repeatedly mentioned over the past few weeks the reserves that the CBI has can easily continue to support the exchange rate of the dinar against the dollar.
7-10-2014 Intel Guru EXOGEN The question is what is the relevance of Maliki? Maliki has nothing to do with the CBI/TURKI and USA Bank Screens.
7-10-2014 Newshound Guru Stryker Article: "Parliament Official Notice Sunday" Quote: "In the public interest and commitment to constitutional contexts in order to preserve and continue to build democracy and again after consultation with the heads of blocs in parliament, we've decided to change the date of the previous call for parliament to convene on Sunday, 13 / July / 2014."
7-10-2014 Newshound Gurus tlm724 & Shredd My hope is that when you gain an appreciation of what is all being accomplished, you will see vital progress, not frustrating stagnation...finding this and showing you all so much is and has been moving forward. will this directly bring us an RV tomorrow? you all aren't that absent to think as such im sure...but, these all have to have been done to bring Iraq to the place they need to be. Some say the dinar was supposed to have moved by now as far as the monetary policy and the rate whether it be via a float, or a continued managed float. But it didn't, did it? Why? well, in part, these things had to be in place first. So, be excited we find this being done...great, great progress. [post 3 of 3]
7-10-2014 Newshound Gurus tlm724 & Shredd Trading is the life blood of any investment...once investments are established, the trading within them will take place safely, timely, efficiently and correctly due to the oversight of the ITFC. If that can’t happen, the investments will die the moment the market fluctuates...So, to see this bill being voted on is awesome to see. This is yet another “behind the scenes” necessity for Iraq to ascend to a place where investment and banking has a safe place to be... I’m [Shredd] a VP in a top 3 international bank and have been with them for ten years. I have full access to daily global accounts, massive investment vehicles and products and services that cover every single sector. The entire time I’ve been there, Iraq has been non-existent due to what we all know has been taking place there…and they still are today. These banking and investment laws, this ascension to the ITFC is absolutely necessary for Iraq to emerge among their peers to welcome global investment and to ensure safe banking and trading is in place. [post 2 of 3....stay tuned]
7-10-2014 Newshound Gurus tlm724 & Shredd Article quote: "We will also see the session the second reading of a bill accession of the Republic of Iraq to the establishment of the International Islamic Trade Finance" there has been several arts [articles] recently telling us what parliament has been working on and there was a bill being read that caught my attention...there 56 countries in the organization on several continents and Iraq is already listed as a member - now as mentioned in the above article they state "accession" into the Trade Finance Org. Imo, Iraq is now prepared to implement and take full advantage of the funds and many advantages of this Org...this accession is huge...major steps continue to take place behind the scenes...that bring Iraq to a place where they are ready to have a strong dinar in front of them. [post 1 of 3....stay tuned]
7-10-2014 Newshound Guru Tlar Expect a little more confusion in the next day or two. Articles will talk about Baghdad being besieged by the ISIS. Don't believe it. It will be a media campaign designed to speed the process. The RV will go down in the next week assuming they get the government formed which they now will. If it takes a couple of extra days don't be concerned. Just watch the progress and know it is a march toward completion. Christine Lagarde (head of IMF) said it best. 7 years of bad economy followed by 7 years of good starting in 2014. This will be the beginning of prosperity not just for you personally, but for the world. [post 2 of 2]
7-10-2014 Newshound Guru Tlar He [Maliki] played every dirty trick to win this election. He needed to go down and that is exactly what has happened. He is under detention... This is a process that must move forward and it is. Hopefully before Sunday the government will be announced. If not they will meet on Sunday and as quickly as possible they will vote this government in. Their first order of business will be the budget. Either just before or just after the budget, Turki will make the currency equal to the budget. Why, because he has to. This will move fast now...Everybody including me will just be witness the greatest event in our history. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz37XtdPcwX
7-9-2014 Intel Guru SteveI [do you think they will continue on Sunday to completing all the voting for President and PM too?] President and his deputies for sure, but for the Prime Minister, maybe or perhaps. It could but probably within days thereafter because of the mess they are in. As you have seen, this information can change within a few hours. It is very clear that they are in a pressure cooker now as the Supreme Court of Iraq is probably stepping in to uphold the constitution and deadlines set forth regarding the election timeline. There has been great pressure to select a different candidate, but Maliki himself has refused to withdraw his candidacy. Maliki has no chance of staying in power period.
7-9-2014 Intel Guru DC [via Adept1] In Iraq...we have had phone calls confirming that Maliki has retired... We are quite ready for the new PM, Speaker and President. They have been selected although not formally voted on. Everyone is in gear and ready to go, in terms of the ministers who have been selected. The customs, border agents, and CBI are all ready for this to get done. Everyone has calmed down and the security situation in Iraq is better due to actions against ISIS and others. Iraq is absolutely ready to go.The agencies are all green: UST, Fed, banks, UN, IMF, administration is absolutely ready to go and get things done. Everyone...is in the right seat for this to be executed. We don’t have the exact time...Now that everything has settled down, it’s ready to go!
7-9-2014 Intel Guru TNT Tony [via Adept1] We know a huge hurdle was removed when Maliki left, and since then everyone has been urging on the process. They don’t want you to know what time/date. All the obstacles have been cleared and now we are just waiting on when they make the announcements. Let’s see what happens.
7-9-2014 Newshound Guru Adam Montana Of lesser importance is the ISIS invasion...they are still fighting and the situation is not pretty, but they aren't going to take Baghdad and this can't go on forever. There will be a resolution in the near future. Parliament is making no progress at this time, but that will be changing soon as well. If Maliki wants to hold onto the power that he currently has, he must give in to some of the Kurds demands, and again... that's what will make things start moving in the right direction again. It's not time to give up, but don't expect anything major for a couple weeks. [post 2 of 2]
7-9-2014 Newshound Guru Adam Montana Nothing is going to happen until an official Prime Minister is in place. Period. At this time, there still is nobody that has strong enough support to replace Maliki. Although Maliki "won" the election, he doesn't have enough Parliamentary support to move forward. This means that he's going to have to reach across the aisle and make some friends in the Sunni camps, which will make a lot of Kurds happy and will assist in moving EVERYTHING forward. [post 1 of 2....stay tuned]
7-9-2014 Newshound Guru Kaperoni ...the problems in Iraq are real and there is no change in value of the dinar coming for while. To much needs to be "fixed" ...political stability, a parliament that passes laws (and they have to start over an all laws that have been previously read), and the CBI needs to be in compliance with the IMF. Not to mention fix or repair damaged infrastructure that these terrorists are doing throughout the areas they are in. IMO, I cannot see how the CBI could do anything with the currency during the remainder of this year. [post 2 of 2]
7-9-2014 Newshound Guru Kaperoni Much of the information the last month on the political situation coming from Iraq has been very accurate. I have talked to businessmen in Iraq. They say it is a mess and getting really bad. We know the political situation is real because not only the articles but middle east experts are discussing and talking about the situation... It is real and not made up or some cover for a secret RV coming. Heck the Kurds announced today they will have the referendum for succession before the end of the year. [post 1 of 2....stay tuned]
7-9-2014 Intel Guru WILDDUCK LOTS OF NEWS TODAY VERY FAST MOVING AND LOTS OF GOOD STUFF, AS SOON AS ELVIS LEFT THE BUILDING...SEEMS TO HAVE BEEN THE CORK IN THE BOTTLE, GENIE IS OUT NOW.
7-9-2014 Newshound Guru Tlar There is a move to make the SOL do the right thing through incentive (carrot and stick). This should clear the way for a smooth parliamentary meeting Sunday or before. The blocks will quickly clean up last minute disputes and get on with the business of creating a government. Turki is waiting as are you and I and will do his thing shortly after announcement. I think within days as in a few. It has been a long winding road to get here since July 1st but I believe we are almost there barring no more unforeseen problems. [post 2 of 2]
7-9-2014 Newshound Guru Tlar You all have heard the rumors floating around Baghdad. There was and is much going on behind the scenes; some of it covert to change the situation and remove Maliki. He has to go and there are rumors including an article saying he has been dropped by the SOL, another rumor of a coup and yet another of Maliki has left the country. If you recall the article saying both Iran and the US have made strange bedfellows and both want him out... [post 1 of 2....stay tuned]
7-9-2014 Newshound/Intel Guru Arthur [via Bailey2] dinar rate .87 - $4...VND rate .48 - $3...saying anytime this week...International contacts saying it's done...it's not about Maliki.
7-9-2014 Newshound/Intel Guru Flashing [via Bailey2] dinar rate $5 - $9...RV should be released anytime now.
7-9-2014 Newshound Guru Enorrste Article Quote: "The Governor of Central Bank of Iraq, Abdul-Basit Turki, that Iraq is able to get out of its current crisis, "noting that the Iraqi dinar and supported by a strong cash reserve of 70 billion dollars and is not linked to any other currency. And pointed out that the Turkish central bank is able to support the exchange rate of the dinar, which currently stands at 1200 dinars to the dollar but did not rule affected the exchange rate." I have consistently held the view that the security situation, the political situation, and the CBI situation are not intrinsically linked together, as some...believe. That is why I remain positive on our investment. Turki is confirming my position on this with this statement.
7-9-2014 Intel/Newshound Guru Poppy3 ALSO CBI HELD MEETING FOR THE PURPOSE OF DISCUSSION OF STEP BY STEP PROCEDURE FOR DIFFERENT AGENCIES AND OFFICES ON ARRANGEMENT AND LAWS GOVERNING THE FULL BANKING INDUSTRY AND THE FINANCIAL REFORM PROCEDURE THAT MUST BE PUT INTO PROCESS FOR ALL BANKS EQUALLY BOTH PRIVATE AND GOVERNMENT SUPPORTED BANKS. TO ME ALL SEEM VERY WELL IN IRAQ. THERE IS LITTLE TO ZERO ATTACKS AND NEVER HAS BEEN BY THIS ISIS GROUP THIS HAS ALL BEEN A CHARADE AND THE MEDIA HAS BLOWN IT WAY OUT OF PROPORTION. LIKE OLD POPPY3 HAS ALWAYS TAUGHT YOU ABOUT IRAQ WATCH THEIR ACTIONS AND FORGET WHAT THEY SAY OR THEIR MEDIA SAYS. [post 2 of 2]
7-9-2014 Intel/Newshound Guru Poppy3 ...THERE WHERE MEETINGS TODAY IN SPITE OF ALL THE NEWS THAT THERE WOULD NOT BE A FULL PARLIAMENT MEETING. MEETINGS WHERE HELD BY DIFFERENT TRIBAL GROUPS DISCUSSING ALL THE POSSIBILITIES OF NOMINATED PERSONS FOR ALL DIFFERENT POSITIONS INCLUDING THE PM POSITION. CONSENSUS SAID TO BE TOWARD A PM THAT WILL FUNCTION WITHIN A DEMOCRATIC PLATFORM AND WILL SUPPORT ALL PEOPLE FROM ALL BACKGROUND. [post 1 of 2....stay tuned] 7-8-2014 Intel Guru EXOGEN Maliki - in or out of Iraq? Maliki now in London. RV & GCR - we are looking for something to happen this week, but this is a fluid situation. Meeting changed to this Sunday. All currencies are locked and loaded...in the system. Everything is pointing to us being at the end. They are literally telling everybody that they are ready to business internationally. Getting some conflicting info on the cards (some loaded, some not), but all info is showing ready to go. I just did get some intel...We're hearing that tomorrow just might be it...now don't everybody go crazy! It's not impossible this won't happen tomorrow. I don't see why this can't happen this week, I'll put it like that.
7-8-2014 Newshound Guru Kaperoni "banks start to pull out of Iraq" The reality is, these banks came in 6-10 months ago with the plan to start investment rebuilding and participating in Iraq's market economy. The monetary policy did not comply, they did not move to Article VIII, they did not open the capital account nor did parliament pass any laws to support that stage. So how long do you expect these banks to sit and do nothing? Well, it appears 6 months to a year is about all they are willing to give Iraq.
7-8-2014 Intel Guru WILDDUCK [Has anyone found proof m [Maliki] is gone?] ELVIS HAS LEFT THE BUILDING...I AM ABSOLUTELY POSITIVE ELVIS LEFT THE BUILDING AND NOW IT IS GAME ON. GET REALLY, REALLY HAPPY CAUSE HE IS REALLY REALLY LONG GONE...ALREADY AT HIS NEW HOME.
7-8-2014 Intel Guru TNT Tony As the news reported Maliki is no longer the problem, he has been removed. There is nothing stopping you from getting paid.
7-8-2014 Intel Guru Delta RE: CHRISTINE LAGARDE'S JANUARY CONFERENCE: ...it's an amazing speech from the head of the IMF. Talking about numerology and some kind of codes. The IMF tells us which people will, and the global reset. Christine Lagarde did this conference in January. We believe she is giving you the date to something. We do believe the IMF is preparing us, for something big to happen to us. They cannot do it without the Iraqi dinar. The Iraqi dinar will go very high, from 1166. What I believe is we know that in July, something is going to happen...but they don't have an exact date. They have to do the plan, they have to recheck some currencies, some are going to go up and some are going to be down. Iraq does not control their currency. The IMF controls Iraqi currency, the IMF and the World Bank. And who has the most voting power in the IMF - The US. Even Turki (CBI Governor) said "..in the middle of the year".
7-8-2014 Intel/Newshound Guru Poppy3 ...here is further proof of what I have been telling all of you that this ISIS invasion is all bologna...THIS GUY IS THERE JUST LIKE MY MILITARY COL. THAT IS THERE AND HE HAS BEEN KEEPING ME INFORMED OF ALL THE BULL BEING PUT OUT FOR THE PUBLIC. I HAVEN'T UNCOVERED THE WHY YET BUT WE SHOULD SEE SOME FACTUAL INFORMATION SOON. ...THERE HASN'T EVEN BEEN A SHOT FIRED IN SOME OF THESE SO CALLED CITIES THE ISIS GROUP IS SUPPOSED TO HAVE CAPTURED. WHY WE ARE BEING SO MISLEAD IS NOT CLEAR AT THIS TIME... I HAVE BEEN TOLD BY TWO PEEPS IN IRAQ...THAT MANY OF THE FILM BEING SHOWN OF SHOTS BEING FIRED ARE SHOTS FROM THE WAR YEARS AGO. WATCH THE ACTIONS TODAY BECAUSE THEIR ACTIONS ARE NOT MATCHING THEIR WORDS.
7-8-2014 Intel Guru TerryK IF - AND IF M [Maliki] IS OUT OF THE COUNTRY...NOTHING TO BACK THAT UP AT THIS TIME THAT HE IS... BUT IF HE IS, WE ARE LOOKING AT A 48-72 OF THIS GOING DOWN. IF HE IS IN COUNTRY WE ARE IN DEEP WATER WITHOUT A LIFE JACKET. FOR NOW ALL INDICATIONS IS THAT HE IS OUT OF COUNTRY.
7-8-2014 Intel Guru Mnt Goat Plan A was to try to get him [Maliki] to cooperate and transition and assist. He chose not to help. They have already tried the easy way and so now what remained was execution of Plan B. It has been activated and Maliki is now on his way to London to meet his family. He will not be allowed to return into Iraq. You may hear news contrary to what I have just told you about Maliki but believe me he is gone. You may also be hearing rumors they may wait till August to hold a third session. This was only suggested and never officially scheduled. Of course this is foolish since the next session that of July 13th has already been scheduled and is now a matter of public record. There is a very strong possibility they will not wait till July 13th now that Maliki is gone.
7-8-2014 Newshound Guru Shredd Article: "National Coalition: Sentan decision to postpone the parliament session unless the second to be held in the next week [Expanded] News Source: Ali AldhargamSection" Quote: "Iraqi National Coalition, vowed to appeal the decision to postpone the date of the second meeting with the Federal Court unless it is held in the next week." Nice to see the urgency to meet next week. Let's see what the Federal Court decides.
7-8-2014 Newshound Guru Kaperoni [How long are you going to hold on before you decide to cash out your dinar?] I am waiting for the 2014 IMF Article IV Consultation. After review of that, I will decide. The last statement form the IMF was later this year so I am expecting it sometime in July-Aug.
7-8-2014 Newshound Guru tlm724 Article quote: "After our consultations with stakeholders it was agreed to invite the ladies and gentlemen of the Council members to the meeting and the completion of the first session of the Council on 12 / August / 2014 eleven o'clock in the morning." once again we see the Iraqi politicians at an impasse. The best thing would be for Maliki to step down and then they can fast track the whole political process. There is hope for a quick resolution.
7-8-2014 Newshound Guru Millionday Article quote: "A parliamentary source revealed on Monday, the Presidency of the Council of Representatives decided to postpone the second session of the Parliament to the 12th of August next." there are no guarantees of anything to do with this investments -- only that we are going to bring you the news and we are going to watch and see what happens. they have been given a constitutional deadline to have it complete...they seem to be moving very fast in the advancements for the economy and have little desire to ever finish the political side of things -- economically they are moving fast and doing a lot --- the political change they are having to complete is a stall in the road more than once -- but CBI has been working on a lot of changes in regulations and the move to lift the guardianship of the Warka bank and also extending many of the bank branches throughout the nation as well.
7-8-2014 Newshound Guru Kaperoni Article: "National Coalition will not attend tomorrow's session" It appears that parliament has been postponed to August 12th. 7-7-2014 Newshound Guru Millionday Article quote: "The bank's move to lift the guardianship for Warka Bank, after a period of almost two years good financial sense, because it will give a good indication of the guarantees of the banking and financial dealings in Iraq..." CBI ANNOUNCED THAT THEY ARE LIFTING THEIR GUARDIANSHIP AS SOON AS THEY RECEIVE THE DOCUMENTS. FOR TWO YEARS THEY HAVE BEEN UNDER GUARDIANSHIP. Quote: "Foreign Currency Exchange Warka Bank for Investment and Finance offers you the chance to buy and sell different currencies for investment purposes." THE NATIONAL CURRENCY WOULD HAVE TO BE INTERNATIONALLY RECOGNIZED FOR YOU TO DO THIS IN IRAQ. I DO NOT AND NO ONE KNOWS WHEN THE REALITY RATE FOR GLOBAL TRADE WILL BE SHOWN. OK SO THAT WAS GREAT NEWS AND IS VERY GOOD FOR OUR INVESTMENT.
7-7-2014 Intel Guru DC [via Adept1] It was scheduled to go on Thursday evening, all set up for the three-day weekend, everything was set up, and M [Maliki] got passive-aggressive and made everyone extremely nervous. He is acting like he is PM, but there are two other candidates who will do a good job. They are ready to go, and we are waiting on M [Maliki] to vacate the PM’s office. Maliki has been outmanoeuvring everyone, and I will not under-estimate him until he’s gone. In the good old US of A everyone Is ready and they are aggressively eager in getting this done NOW. [Days or weeks?] Days or hours, in my opinion.
7-7-2014 Intel Guru TNT Tony [via Adept1] A lot of things are happening. Some...are saying the sky is falling, this will never happen... There have been holdups; this should have gone last week and it didn’t, but that is not the end of the earth. The rates and structures being set up now are for our benefit. Senior delegates from the US are over there now, in Iraq right now to get it right so that this can go forward. It could happen today, tomorrow; everyone is expecting it at that time. After the final agreements are in place, it will be anywhere from a few minutes to a couple of hours.
7-7-2014 Intel Guru TerryK I'M HEARING TWO THINGS M [Maliki] IS GOING TO BE THE PUPPET PM YET THERE IS ANOTHER THAT IS BEING TALKED ABOUT TO BE SET. KINDA SAME BULL AS LAST ELECTION. A [ALLAWI] WON LAST TIME AND M [MALIKI] WAS PM. ANOTHER WON THIS TIME AND M [MALIKI] TO BE PM.
7-7-2014 Intel Guru EXOGEN SO NEEDLESS TO SAY THERE IS MAJOR TROUBLE IN PARADISE SO MY PEOPLE CANNOT RULE OUT THAT THIS COULD DRAG ON PAST TOMORROW AS THEY ARE MEETING AGAIN AS WE SPEAK IN A DESPERATE ATTEMPT TO GET THEIR DUCKS IN A ROW WHICH IS VERY MUCH EASIER SAID THAN DONE. WHAT THEY DO RULE OUT IS THAT IT WILL BE TILL AUGUST 12TH OR THEY WOULD HAVE DEFINITELY BEEN NOTIFIED TO CHANGE THEIR SECURITY PROTOCOLS ALREADY. [post 2 of 2]
7-7-2014 Intel Guru EXOGEN I HAVE SOME NEW CLARIFICATION REGARDING THE MAJOR DISAGREEMENT IN THE MAIN MEETING OF 2 MEETINGS THAT WERE HELD YESTERDAY. ONE WAS HELD AT JAFAARI'S OFFICE...THE OTHER AT HAKIM'S RESIDENCE. THE JAFAARI MEETING WENT RELATIVELY SMOOTH BUT THAT WAS NOT THE CASE AT THE MORE IMPORTANT HAKIM MEETING. SEVERAL BREAKDOWNS HAPPENED. [post 1 of 2....stay tuned]
7-7-2014 Newshound/Intel Guru Arthur There is a lot of conflicting intel and articles regarding the confusing political and security situation in Iraq and how it all impacts where we are right now. From what we see, we can safely assume that they WILL NOT allow Maliki to continue as Prime Minister because they have made that perfectly clear. We can also assume that, based on Kerry's personal visit and the urgency of his message for the acceleration of the forming of the government, that the PTB want this done sooner rather than later and that they are much further along in the process, politically, economically and security than we are being led to believe for obvious reasons that include keeping the wannabe dictator off balance for what is to come. So from this, we can safely assume that we are definitely in the end game process of the entire plan which culminates in the RI/RV of the Iraqi dinar.
7-7-2014 Intel Guru Flashing ...Iraq is very close to reach that goal and we are just waiting for the release. The information i have received is promising and we should be very happy during the incoming days. You have to look with special glasses all the information being provided by the press as of now. Why because of security concerns? All the real information is classified and will not be released until they take care of the dictator...based on my information it is about to be done...so be positive and have your plans ready. you are about to have a big surprise.
7-7-2014 Newshound/Intel Guru BGG I am thinking the world will not let Maliki continue endangering the bulk of the oil supplies and reserves of the WHOLE WORLD over his "power lust" - I don't see where they can... he's put the whole Middle East in jeopardy... and I don't see how they (everyone) will let him keep "Gerry Mandering" the whole process.
7-7-2014 Newshound Guru Millionday the kurdistan region has designed a currency of their own to go along with many statements that they may demand the right to be their own state. Barzani has held a press conference stating that he is polling the citizens to see if they are for an individual state or against it -- this would of course imply it would be democratic. the move to become a nation on the flip of a dime (no pun intended) is not a normal act ---- it would require many many laws and regulation changes and constitutional changes etc -- the earliest date i have seen it as being possible is 2017. [This is posturing by Barzani? And this talk changes nothing w the CBI?] i would say it changes nothing with iraq's economic reform and is meant to show how serious they are about Maliki.
7-7-2014 Intel Guru TerryK [what are you hearing?] WE ARE TO SEE THIS ANYTIME. I'M JUST A WAITING ON A CALL.
7-7-2014 Newshound Guru Kaperoni The [longer] this continues the more damage is done. And this is a setback. In reality, If Maliki squats, and the violence escalates we could be looking at a year or more to restore what had been accomplished prior. I wish there was better news..but this is not good news and we all need to be aware and should watch it closely as it is significant to our investment. I am keeping my fingers crossed and hoping for the best! [post 2 of 2]
7-7-2014 Newshound Guru Kaperoni Article: "Political blocs warns of blocking the formation of the government for "a long time" because of the insistence of Maliki confirms: Star is not the most likely candidate" Maliki has set the stage...stating he will not give up the right to a 3rd term which is really saying.."I am not leaving no matter what" unless toes up. The reality is everyone...nobody wants to admit it, but this is a real bad situation...not only for Iraq but for us as investors...when these types of events happen (terrorists taking over a province) or Maliki (refusing to leave)...the end result is not only an escalation in violence but the destruction of years of hard work rebuilding the infrastructure. [post 1 of 2....stay tuned] 7-6-2014 Intel/Newshound Guru Poppy3 IRAQ MEETING ON TUESDAY AROUND NOON WITH A LARGE AGENDA AND I PROMISE YOU THEY WILL NOT GET IT ALL DONE. WE WILL BE VERY FORTUNATE IF WE SEE THE PRESIDENTS VOTED ON MUCH LESS REMOVING MALIKI . I HOPE I AM VERY WRONG AND THEY ACCOMPLISH ALL THAT IS NEEDED INCLUDING GETTING RID OF HIM. IF THEY FINISH ALL THEN THE MOVEMENT WILL BE SWIFT IS WHAT I AM STILL BEING TOLD.
7-6-2014 Newshound Guru wmawhite It appears to only support Maliki has is within the SoL...the rest of the NA don't want him, the Sunnis don't want him, the Kurds don't want him...and he bought a $3 million home for his family within the last 3 weeks in Qatar...maybe he knows.
7-6-2014 Newshound Guru Tlar There is a lot of confusion going on now with some articles offering hope then other articles saying there are disputes within the coalition and even more saying they won't be ready. I feel very comfortable that this is the finest snow job I have ever been witness to. The intention of which is to keep the SOL and Maliki in the dark. IMO they are ready this time just as Allawi stated a couple of days ago. With all the confusion being spread, the SOL has no clue how to react or plan. That's exactly the way it is supposed to be IMO. Keep them guessing and then lower the "boom". Walk in and vote them into oblivion and quickly leave. We will just have to see on Tuesday whether what have been witnessing in the press is just smoke.
7-6-2014 Intel Guru Hub ...the dinar has had a value for 200 years and will retain the value...in 1955 it was $2.55 and in 1990 it was $3.22. ...the main outlook is the dinar will revalue...it has too to maintain the history...and so we are waiting for it to happen. i dont know what it will revalue at... [post 2 of 2]
7-6-2014 Intel Guru Hub ...i have three close very close people [that] know more than we do...real...time business currency business info and they were in on the kuwait rv and they know the talk and talk the walk...the real information is the dinar has been revalued. [contact says it RV?] two major contacts, yes. ...some of my people are all oil people in iraq, iran, kuwait, saudi, and the other mid east oil people...these people are a special breed...my contact which is a currency broker, made a killing on the revaluation of the kuwait dinar. [post 1` of 2...stay tuned]
7-6-2014 Newshound Guru Chattels The Kurds had announced in advance their intention to leave after being sworn in if there was no declaration of the PM nominee in advance...there is a procedural "game" being played out between the SLC and the National Alliance and the anti - Maliki forces are watching it closely. BUT, who can know what is "in play", Kurdish independence, oil sales, or does any of this have any effect upon our liquidity event? there is no "RV manual", this is all " unploughed " ground.
7-6-2014 Newshound Guru Millionday Article quote: "House of Representatives went to approve the budget of the year 2014 during the sessions of the new parliament. source said "morning": "After choosing the Presidency of the Council of Representatives new this month will be the inclusion of the adoption of the budget law..." the budget is very important to the position they are in for security among other things and will be addressed right away --- it is to be addressed by the new parliament...i know many of us have heard the huge hopes on the passing of the budget as well the fact that they have not passed it until now or at least coming up with the first session --- very positive news.
7-6-2014 Newshound Guru Stryker ...why forming a new government is so hard...too many parties involved with too many opinions on how and who can take the job of Prime Minister (PM). They are united as a National Alliance against Maliki but they are all over the place on who they want as their pick as PM. Maliki is using this in his favor at the moment but if they get together, Maliki is gone. Here is the guy that can get it done for them in my opinion: Adil Abdul Mahdi an Iraqi Shi'a respected by all. Then the Political and Economic situation would be right for the country in the eye's of Abdul Basset Turki and then he can pull the trigger for what should be an RV. Next Parliament session is on Tuesday the 8th, keep you fingers crossed for real unity between the National Alliance Blocs.
7-6-2014 Intel Guru Frank26 To be truly honest ...We felt there would be news two days ago on the sitting. Then we found out...that NOTHING would be shown to the world until a time frame of 8th to 10th of July. I am NOT talking about an IR ...We seek a governmental formation. WE CONTROL all that Iraq is doing...Try to UNDERSTAND IT IS THE USA THAT IS DETERMINING EVEN THIS SLOW SPEED!
Read more: http://www.dinarguru.com/#ixzz374bFD2J7
7-9-2014 Intel Guru DC [via Adept1] In Iraq...we have had phone calls confirming that Maliki has retired... We are quite ready for the new PM, Speaker and President. They have been selected although not formally voted on. Everyone is in gear and ready to go, in terms of the ministers who have been selected. The customs, border agents, and CBI are all ready for this to get done. Everyone has calmed down and the security situation in Iraq is better due to actions against ISIS and others. Iraq is absolutely ready to go.The agencies are all green: UST, Fed, banks, UN, IMF, administration is absolutely ready to go and get things done. Everyone...is in the right seat for this to be executed. We don’t have the exact time...Now that everything has settled down, it’s ready to go!
7-9-2014 Intel Guru TNT Tony [via Adept1] We know a huge hurdle was removed when Maliki left, and since then everyone has been urging on the process. They don’t want you to know what time/date. All the obstacles have been cleared and now we are just waiting on when they make the announcements. Let’s see what happens.
7-9-2014 Newshound Guru Adam Montana Of lesser importance is the ISIS invasion...they are still fighting and the situation is not pretty, but they aren't going to take Baghdad and this can't go on forever. There will be a resolution in the near future. Parliament is making no progress at this time, but that will be changing soon as well. If Maliki wants to hold onto the power that he currently has, he must give in to some of the Kurds demands, and again... that's what will make things start moving in the right direction again. It's not time to give up, but don't expect anything major for a couple weeks. [post 2 of 2]
7-9-2014 Newshound Guru Adam Montana Nothing is going to happen until an official Prime Minister is in place. Period. At this time, there still is nobody that has strong enough support to replace Maliki. Although Maliki "won" the election, he doesn't have enough Parliamentary support to move forward. This means that he's going to have to reach across the aisle and make some friends in the Sunni camps, which will make a lot of Kurds happy and will assist in moving EVERYTHING forward. [post 1 of 2....stay tuned]
7-9-2014 Newshound Guru Kaperoni ...the problems in Iraq are real and there is no change in value of the dinar coming for while. To much needs to be "fixed" ...political stability, a parliament that passes laws (and they have to start over an all laws that have been previously read), and the CBI needs to be in compliance with the IMF. Not to mention fix or repair damaged infrastructure that these terrorists are doing throughout the areas they are in. IMO, I cannot see how the CBI could do anything with the currency during the remainder of this year. [post 2 of 2]
7-9-2014 Newshound Guru Kaperoni Much of the information the last month on the political situation coming from Iraq has been very accurate. I have talked to businessmen in Iraq. They say it is a mess and getting really bad. We know the political situation is real because not only the articles but middle east experts are discussing and talking about the situation... It is real and not made up or some cover for a secret RV coming. Heck the Kurds announced today they will have the referendum for succession before the end of the year. [post 1 of 2....stay tuned]
7-9-2014 Intel Guru WILDDUCK LOTS OF NEWS TODAY VERY FAST MOVING AND LOTS OF GOOD STUFF, AS SOON AS ELVIS LEFT THE BUILDING...SEEMS TO HAVE BEEN THE CORK IN THE BOTTLE, GENIE IS OUT NOW.
7-9-2014 Newshound Guru Tlar There is a move to make the SOL do the right thing through incentive (carrot and stick). This should clear the way for a smooth parliamentary meeting Sunday or before. The blocks will quickly clean up last minute disputes and get on with the business of creating a government. Turki is waiting as are you and I and will do his thing shortly after announcement. I think within days as in a few. It has been a long winding road to get here since July 1st but I believe we are almost there barring no more unforeseen problems. [post 2 of 2]
7-9-2014 Newshound Guru Tlar You all have heard the rumors floating around Baghdad. There was and is much going on behind the scenes; some of it covert to change the situation and remove Maliki. He has to go and there are rumors including an article saying he has been dropped by the SOL, another rumor of a coup and yet another of Maliki has left the country. If you recall the article saying both Iran and the US have made strange bedfellows and both want him out... [post 1 of 2....stay tuned]
7-9-2014 Newshound/Intel Guru Arthur [via Bailey2] dinar rate .87 - $4...VND rate .48 - $3...saying anytime this week...International contacts saying it's done...it's not about Maliki.
7-9-2014 Newshound/Intel Guru Flashing [via Bailey2] dinar rate $5 - $9...RV should be released anytime now.
7-9-2014 Newshound Guru Enorrste Article Quote: "The Governor of Central Bank of Iraq, Abdul-Basit Turki, that Iraq is able to get out of its current crisis, "noting that the Iraqi dinar and supported by a strong cash reserve of 70 billion dollars and is not linked to any other currency. And pointed out that the Turkish central bank is able to support the exchange rate of the dinar, which currently stands at 1200 dinars to the dollar but did not rule affected the exchange rate." I have consistently held the view that the security situation, the political situation, and the CBI situation are not intrinsically linked together, as some...believe. That is why I remain positive on our investment. Turki is confirming my position on this with this statement.
7-9-2014 Intel/Newshound Guru Poppy3 ALSO CBI HELD MEETING FOR THE PURPOSE OF DISCUSSION OF STEP BY STEP PROCEDURE FOR DIFFERENT AGENCIES AND OFFICES ON ARRANGEMENT AND LAWS GOVERNING THE FULL BANKING INDUSTRY AND THE FINANCIAL REFORM PROCEDURE THAT MUST BE PUT INTO PROCESS FOR ALL BANKS EQUALLY BOTH PRIVATE AND GOVERNMENT SUPPORTED BANKS. TO ME ALL SEEM VERY WELL IN IRAQ. THERE IS LITTLE TO ZERO ATTACKS AND NEVER HAS BEEN BY THIS ISIS GROUP THIS HAS ALL BEEN A CHARADE AND THE MEDIA HAS BLOWN IT WAY OUT OF PROPORTION. LIKE OLD POPPY3 HAS ALWAYS TAUGHT YOU ABOUT IRAQ WATCH THEIR ACTIONS AND FORGET WHAT THEY SAY OR THEIR MEDIA SAYS. [post 2 of 2]
7-9-2014 Intel/Newshound Guru Poppy3 ...THERE WHERE MEETINGS TODAY IN SPITE OF ALL THE NEWS THAT THERE WOULD NOT BE A FULL PARLIAMENT MEETING. MEETINGS WHERE HELD BY DIFFERENT TRIBAL GROUPS DISCUSSING ALL THE POSSIBILITIES OF NOMINATED PERSONS FOR ALL DIFFERENT POSITIONS INCLUDING THE PM POSITION. CONSENSUS SAID TO BE TOWARD A PM THAT WILL FUNCTION WITHIN A DEMOCRATIC PLATFORM AND WILL SUPPORT ALL PEOPLE FROM ALL BACKGROUND. [post 1 of 2....stay tuned] 7-8-2014 Intel Guru EXOGEN Maliki - in or out of Iraq? Maliki now in London. RV & GCR - we are looking for something to happen this week, but this is a fluid situation. Meeting changed to this Sunday. All currencies are locked and loaded...in the system. Everything is pointing to us being at the end. They are literally telling everybody that they are ready to business internationally. Getting some conflicting info on the cards (some loaded, some not), but all info is showing ready to go. I just did get some intel...We're hearing that tomorrow just might be it...now don't everybody go crazy! It's not impossible this won't happen tomorrow. I don't see why this can't happen this week, I'll put it like that.
7-8-2014 Newshound Guru Kaperoni "banks start to pull out of Iraq" The reality is, these banks came in 6-10 months ago with the plan to start investment rebuilding and participating in Iraq's market economy. The monetary policy did not comply, they did not move to Article VIII, they did not open the capital account nor did parliament pass any laws to support that stage. So how long do you expect these banks to sit and do nothing? Well, it appears 6 months to a year is about all they are willing to give Iraq.
7-8-2014 Intel Guru WILDDUCK [Has anyone found proof m [Maliki] is gone?] ELVIS HAS LEFT THE BUILDING...I AM ABSOLUTELY POSITIVE ELVIS LEFT THE BUILDING AND NOW IT IS GAME ON. GET REALLY, REALLY HAPPY CAUSE HE IS REALLY REALLY LONG GONE...ALREADY AT HIS NEW HOME.
7-8-2014 Intel Guru TNT Tony As the news reported Maliki is no longer the problem, he has been removed. There is nothing stopping you from getting paid.
7-8-2014 Intel Guru Delta RE: CHRISTINE LAGARDE'S JANUARY CONFERENCE: ...it's an amazing speech from the head of the IMF. Talking about numerology and some kind of codes. The IMF tells us which people will, and the global reset. Christine Lagarde did this conference in January. We believe she is giving you the date to something. We do believe the IMF is preparing us, for something big to happen to us. They cannot do it without the Iraqi dinar. The Iraqi dinar will go very high, from 1166. What I believe is we know that in July, something is going to happen...but they don't have an exact date. They have to do the plan, they have to recheck some currencies, some are going to go up and some are going to be down. Iraq does not control their currency. The IMF controls Iraqi currency, the IMF and the World Bank. And who has the most voting power in the IMF - The US. Even Turki (CBI Governor) said "..in the middle of the year".
7-8-2014 Intel/Newshound Guru Poppy3 ...here is further proof of what I have been telling all of you that this ISIS invasion is all bologna...THIS GUY IS THERE JUST LIKE MY MILITARY COL. THAT IS THERE AND HE HAS BEEN KEEPING ME INFORMED OF ALL THE BULL BEING PUT OUT FOR THE PUBLIC. I HAVEN'T UNCOVERED THE WHY YET BUT WE SHOULD SEE SOME FACTUAL INFORMATION SOON. ...THERE HASN'T EVEN BEEN A SHOT FIRED IN SOME OF THESE SO CALLED CITIES THE ISIS GROUP IS SUPPOSED TO HAVE CAPTURED. WHY WE ARE BEING SO MISLEAD IS NOT CLEAR AT THIS TIME... I HAVE BEEN TOLD BY TWO PEEPS IN IRAQ...THAT MANY OF THE FILM BEING SHOWN OF SHOTS BEING FIRED ARE SHOTS FROM THE WAR YEARS AGO. WATCH THE ACTIONS TODAY BECAUSE THEIR ACTIONS ARE NOT MATCHING THEIR WORDS.
7-8-2014 Intel Guru TerryK IF - AND IF M [Maliki] IS OUT OF THE COUNTRY...NOTHING TO BACK THAT UP AT THIS TIME THAT HE IS... BUT IF HE IS, WE ARE LOOKING AT A 48-72 OF THIS GOING DOWN. IF HE IS IN COUNTRY WE ARE IN DEEP WATER WITHOUT A LIFE JACKET. FOR NOW ALL INDICATIONS IS THAT HE IS OUT OF COUNTRY.
7-8-2014 Intel Guru Mnt Goat Plan A was to try to get him [Maliki] to cooperate and transition and assist. He chose not to help. They have already tried the easy way and so now what remained was execution of Plan B. It has been activated and Maliki is now on his way to London to meet his family. He will not be allowed to return into Iraq. You may hear news contrary to what I have just told you about Maliki but believe me he is gone. You may also be hearing rumors they may wait till August to hold a third session. This was only suggested and never officially scheduled. Of course this is foolish since the next session that of July 13th has already been scheduled and is now a matter of public record. There is a very strong possibility they will not wait till July 13th now that Maliki is gone.
7-8-2014 Newshound Guru Shredd Article: "National Coalition: Sentan decision to postpone the parliament session unless the second to be held in the next week [Expanded] News Source: Ali AldhargamSection" Quote: "Iraqi National Coalition, vowed to appeal the decision to postpone the date of the second meeting with the Federal Court unless it is held in the next week." Nice to see the urgency to meet next week. Let's see what the Federal Court decides.
7-8-2014 Newshound Guru Kaperoni [How long are you going to hold on before you decide to cash out your dinar?] I am waiting for the 2014 IMF Article IV Consultation. After review of that, I will decide. The last statement form the IMF was later this year so I am expecting it sometime in July-Aug.
7-8-2014 Newshound Guru tlm724 Article quote: "After our consultations with stakeholders it was agreed to invite the ladies and gentlemen of the Council members to the meeting and the completion of the first session of the Council on 12 / August / 2014 eleven o'clock in the morning." once again we see the Iraqi politicians at an impasse. The best thing would be for Maliki to step down and then they can fast track the whole political process. There is hope for a quick resolution.
7-8-2014 Newshound Guru Millionday Article quote: "A parliamentary source revealed on Monday, the Presidency of the Council of Representatives decided to postpone the second session of the Parliament to the 12th of August next." there are no guarantees of anything to do with this investments -- only that we are going to bring you the news and we are going to watch and see what happens. they have been given a constitutional deadline to have it complete...they seem to be moving very fast in the advancements for the economy and have little desire to ever finish the political side of things -- economically they are moving fast and doing a lot --- the political change they are having to complete is a stall in the road more than once -- but CBI has been working on a lot of changes in regulations and the move to lift the guardianship of the Warka bank and also extending many of the bank branches throughout the nation as well.
7-8-2014 Newshound Guru Kaperoni Article: "National Coalition will not attend tomorrow's session" It appears that parliament has been postponed to August 12th. 7-7-2014 Newshound Guru Millionday Article quote: "The bank's move to lift the guardianship for Warka Bank, after a period of almost two years good financial sense, because it will give a good indication of the guarantees of the banking and financial dealings in Iraq..." CBI ANNOUNCED THAT THEY ARE LIFTING THEIR GUARDIANSHIP AS SOON AS THEY RECEIVE THE DOCUMENTS. FOR TWO YEARS THEY HAVE BEEN UNDER GUARDIANSHIP. Quote: "Foreign Currency Exchange Warka Bank for Investment and Finance offers you the chance to buy and sell different currencies for investment purposes." THE NATIONAL CURRENCY WOULD HAVE TO BE INTERNATIONALLY RECOGNIZED FOR YOU TO DO THIS IN IRAQ. I DO NOT AND NO ONE KNOWS WHEN THE REALITY RATE FOR GLOBAL TRADE WILL BE SHOWN. OK SO THAT WAS GREAT NEWS AND IS VERY GOOD FOR OUR INVESTMENT.
7-7-2014 Intel Guru DC [via Adept1] It was scheduled to go on Thursday evening, all set up for the three-day weekend, everything was set up, and M [Maliki] got passive-aggressive and made everyone extremely nervous. He is acting like he is PM, but there are two other candidates who will do a good job. They are ready to go, and we are waiting on M [Maliki] to vacate the PM’s office. Maliki has been outmanoeuvring everyone, and I will not under-estimate him until he’s gone. In the good old US of A everyone Is ready and they are aggressively eager in getting this done NOW. [Days or weeks?] Days or hours, in my opinion.
7-7-2014 Intel Guru TNT Tony [via Adept1] A lot of things are happening. Some...are saying the sky is falling, this will never happen... There have been holdups; this should have gone last week and it didn’t, but that is not the end of the earth. The rates and structures being set up now are for our benefit. Senior delegates from the US are over there now, in Iraq right now to get it right so that this can go forward. It could happen today, tomorrow; everyone is expecting it at that time. After the final agreements are in place, it will be anywhere from a few minutes to a couple of hours.
7-7-2014 Intel Guru TerryK I'M HEARING TWO THINGS M [Maliki] IS GOING TO BE THE PUPPET PM YET THERE IS ANOTHER THAT IS BEING TALKED ABOUT TO BE SET. KINDA SAME BULL AS LAST ELECTION. A [ALLAWI] WON LAST TIME AND M [MALIKI] WAS PM. ANOTHER WON THIS TIME AND M [MALIKI] TO BE PM.
7-7-2014 Intel Guru EXOGEN SO NEEDLESS TO SAY THERE IS MAJOR TROUBLE IN PARADISE SO MY PEOPLE CANNOT RULE OUT THAT THIS COULD DRAG ON PAST TOMORROW AS THEY ARE MEETING AGAIN AS WE SPEAK IN A DESPERATE ATTEMPT TO GET THEIR DUCKS IN A ROW WHICH IS VERY MUCH EASIER SAID THAN DONE. WHAT THEY DO RULE OUT IS THAT IT WILL BE TILL AUGUST 12TH OR THEY WOULD HAVE DEFINITELY BEEN NOTIFIED TO CHANGE THEIR SECURITY PROTOCOLS ALREADY. [post 2 of 2]
7-7-2014 Intel Guru EXOGEN I HAVE SOME NEW CLARIFICATION REGARDING THE MAJOR DISAGREEMENT IN THE MAIN MEETING OF 2 MEETINGS THAT WERE HELD YESTERDAY. ONE WAS HELD AT JAFAARI'S OFFICE...THE OTHER AT HAKIM'S RESIDENCE. THE JAFAARI MEETING WENT RELATIVELY SMOOTH BUT THAT WAS NOT THE CASE AT THE MORE IMPORTANT HAKIM MEETING. SEVERAL BREAKDOWNS HAPPENED. [post 1 of 2....stay tuned]
7-7-2014 Newshound/Intel Guru Arthur There is a lot of conflicting intel and articles regarding the confusing political and security situation in Iraq and how it all impacts where we are right now. From what we see, we can safely assume that they WILL NOT allow Maliki to continue as Prime Minister because they have made that perfectly clear. We can also assume that, based on Kerry's personal visit and the urgency of his message for the acceleration of the forming of the government, that the PTB want this done sooner rather than later and that they are much further along in the process, politically, economically and security than we are being led to believe for obvious reasons that include keeping the wannabe dictator off balance for what is to come. So from this, we can safely assume that we are definitely in the end game process of the entire plan which culminates in the RI/RV of the Iraqi dinar.
7-7-2014 Intel Guru Flashing ...Iraq is very close to reach that goal and we are just waiting for the release. The information i have received is promising and we should be very happy during the incoming days. You have to look with special glasses all the information being provided by the press as of now. Why because of security concerns? All the real information is classified and will not be released until they take care of the dictator...based on my information it is about to be done...so be positive and have your plans ready. you are about to have a big surprise.
7-7-2014 Newshound/Intel Guru BGG I am thinking the world will not let Maliki continue endangering the bulk of the oil supplies and reserves of the WHOLE WORLD over his "power lust" - I don't see where they can... he's put the whole Middle East in jeopardy... and I don't see how they (everyone) will let him keep "Gerry Mandering" the whole process.
7-7-2014 Newshound Guru Millionday the kurdistan region has designed a currency of their own to go along with many statements that they may demand the right to be their own state. Barzani has held a press conference stating that he is polling the citizens to see if they are for an individual state or against it -- this would of course imply it would be democratic. the move to become a nation on the flip of a dime (no pun intended) is not a normal act ---- it would require many many laws and regulation changes and constitutional changes etc -- the earliest date i have seen it as being possible is 2017. [This is posturing by Barzani? And this talk changes nothing w the CBI?] i would say it changes nothing with iraq's economic reform and is meant to show how serious they are about Maliki.
7-7-2014 Intel Guru TerryK [what are you hearing?] WE ARE TO SEE THIS ANYTIME. I'M JUST A WAITING ON A CALL.
7-7-2014 Newshound Guru Kaperoni The [longer] this continues the more damage is done. And this is a setback. In reality, If Maliki squats, and the violence escalates we could be looking at a year or more to restore what had been accomplished prior. I wish there was better news..but this is not good news and we all need to be aware and should watch it closely as it is significant to our investment. I am keeping my fingers crossed and hoping for the best! [post 2 of 2]
7-7-2014 Newshound Guru Kaperoni Article: "Political blocs warns of blocking the formation of the government for "a long time" because of the insistence of Maliki confirms: Star is not the most likely candidate" Maliki has set the stage...stating he will not give up the right to a 3rd term which is really saying.."I am not leaving no matter what" unless toes up. The reality is everyone...nobody wants to admit it, but this is a real bad situation...not only for Iraq but for us as investors...when these types of events happen (terrorists taking over a province) or Maliki (refusing to leave)...the end result is not only an escalation in violence but the destruction of years of hard work rebuilding the infrastructure. [post 1 of 2....stay tuned] 7-6-2014 Intel/Newshound Guru Poppy3 IRAQ MEETING ON TUESDAY AROUND NOON WITH A LARGE AGENDA AND I PROMISE YOU THEY WILL NOT GET IT ALL DONE. WE WILL BE VERY FORTUNATE IF WE SEE THE PRESIDENTS VOTED ON MUCH LESS REMOVING MALIKI . I HOPE I AM VERY WRONG AND THEY ACCOMPLISH ALL THAT IS NEEDED INCLUDING GETTING RID OF HIM. IF THEY FINISH ALL THEN THE MOVEMENT WILL BE SWIFT IS WHAT I AM STILL BEING TOLD.
7-6-2014 Newshound Guru wmawhite It appears to only support Maliki has is within the SoL...the rest of the NA don't want him, the Sunnis don't want him, the Kurds don't want him...and he bought a $3 million home for his family within the last 3 weeks in Qatar...maybe he knows.
7-6-2014 Newshound Guru Tlar There is a lot of confusion going on now with some articles offering hope then other articles saying there are disputes within the coalition and even more saying they won't be ready. I feel very comfortable that this is the finest snow job I have ever been witness to. The intention of which is to keep the SOL and Maliki in the dark. IMO they are ready this time just as Allawi stated a couple of days ago. With all the confusion being spread, the SOL has no clue how to react or plan. That's exactly the way it is supposed to be IMO. Keep them guessing and then lower the "boom". Walk in and vote them into oblivion and quickly leave. We will just have to see on Tuesday whether what have been witnessing in the press is just smoke.
7-6-2014 Intel Guru Hub ...the dinar has had a value for 200 years and will retain the value...in 1955 it was $2.55 and in 1990 it was $3.22. ...the main outlook is the dinar will revalue...it has too to maintain the history...and so we are waiting for it to happen. i dont know what it will revalue at... [post 2 of 2]
7-6-2014 Intel Guru Hub ...i have three close very close people [that] know more than we do...real...time business currency business info and they were in on the kuwait rv and they know the talk and talk the walk...the real information is the dinar has been revalued. [contact says it RV?] two major contacts, yes. ...some of my people are all oil people in iraq, iran, kuwait, saudi, and the other mid east oil people...these people are a special breed...my contact which is a currency broker, made a killing on the revaluation of the kuwait dinar. [post 1` of 2...stay tuned]
7-6-2014 Newshound Guru Chattels The Kurds had announced in advance their intention to leave after being sworn in if there was no declaration of the PM nominee in advance...there is a procedural "game" being played out between the SLC and the National Alliance and the anti - Maliki forces are watching it closely. BUT, who can know what is "in play", Kurdish independence, oil sales, or does any of this have any effect upon our liquidity event? there is no "RV manual", this is all " unploughed " ground.
7-6-2014 Newshound Guru Millionday Article quote: "House of Representatives went to approve the budget of the year 2014 during the sessions of the new parliament. source said "morning": "After choosing the Presidency of the Council of Representatives new this month will be the inclusion of the adoption of the budget law..." the budget is very important to the position they are in for security among other things and will be addressed right away --- it is to be addressed by the new parliament...i know many of us have heard the huge hopes on the passing of the budget as well the fact that they have not passed it until now or at least coming up with the first session --- very positive news.
7-6-2014 Newshound Guru Stryker ...why forming a new government is so hard...too many parties involved with too many opinions on how and who can take the job of Prime Minister (PM). They are united as a National Alliance against Maliki but they are all over the place on who they want as their pick as PM. Maliki is using this in his favor at the moment but if they get together, Maliki is gone. Here is the guy that can get it done for them in my opinion: Adil Abdul Mahdi an Iraqi Shi'a respected by all. Then the Political and Economic situation would be right for the country in the eye's of Abdul Basset Turki and then he can pull the trigger for what should be an RV. Next Parliament session is on Tuesday the 8th, keep you fingers crossed for real unity between the National Alliance Blocs.
7-6-2014 Intel Guru Frank26 To be truly honest ...We felt there would be news two days ago on the sitting. Then we found out...that NOTHING would be shown to the world until a time frame of 8th to 10th of July. I am NOT talking about an IR ...We seek a governmental formation. WE CONTROL all that Iraq is doing...Try to UNDERSTAND IT IS THE USA THAT IS DETERMINING EVEN THIS SLOW SPEED!
Read more: http://www.dinarguru.com/#ixzz374bFD2J7
7-5-2014 Intel Guru Bluwolf MEDIA COVERAGE OF INSURGENCIES WILL STOP OR ARE ALREADY BEING TREATED. THERE WILL NOT BE ANY ANNOUNCEMENT OF A INTERNATIONAL RELEASE IN IRAQ IT WILL JUST SURPRISE THE WORLD. CHANGES TO POLITICAL STAND IN'S WILL BE SWIFT AND DEMOCRATIC, IN FACT THEY ALREADY HAVE THE NEW PM, IT WILL HOWEVER BE PUBLISHED IN THERE GAZETTE AND THAT WILL GO PUBLIC... LETS SEE WHAT THE CAT BRINGS IN, IN A FEW DAYS TIME.
7-5-2014 Newshound Guru Enorrste Until the constitutional process plays itself out, Maliki is definitely still in the game. ...it is my opinion that Maliki will stretch this out in an attempt to gain more votes....he is not giving up and he has a track record for doing this sort of thing. I believe that the plan is still in play, although delayed somewhat by the political machinations and the security situation (two things specifically mentioned by the CBI numerous times). These are partly Maliki's problem, but I don't think that he is motivated by a desire to "crash the plan" in terms of the dinar. His motivation is much simpler: power, money, control. The fact that the people are suffering can definitely be laid at his feet, IMO. But the dinar simply cannot be floated yet. Therefore the plan is "in play" until the timing is right. Maliki, should he survive, will allow the institution of the plan. At that point it will be to his political advantage to do so. It will be a part of his legacy.
7-5-2014 Intel Guru Mnt Goat I can tell you there is a USA plan in place and the events unfolding now have to line up just right (or coincide) in the next 3 days and then they will pop this RV then if this happens. If the right chess moves are not allowed to happen in Tuesday’s session in parliament to satisfy the USA (and thus also the people of Iraq)...Maliki will be forcefully taken out...let’s see how this drama all works out over the next 72 hours or worst case maybe 7 days -but I hope not. There is literally just one issue now that is stopping the announcement...the USA has already completed 95%+ of the rollout process already. If all goes as planned (plan A) we will be at the banks next week. But if the USA has to force this government change they it may take a little longer.
7-5-2014 Intel/Newshound Guru Poppy3 I AM NOW OF THE OPINION THAT BEHIND THE SCENES AGREEMENTS ARE BEING DISCUSSED BY THE DIFFERENT BLOCS TO BE SURE THEY HAVE THE VOTES TO CONTROL MALIKI . THE ONLY PART OF THIS THAT SCARES ME IS THAT THE KURDS HAVE AGAIN CHOSEN NOT TO ATTEND.
7-5-2014 Newshound Guru Kaperoni I cannot pinpoint a timeframe with certainty based on the banking infrastructure project scheduled for end of this year/2014-2015. I can though pinpoint with certainty that a market economy will not succeed without first having a convertible currency (Article VIII) and an open Capital Account. Those are requirements. So if your looking for a trigger...look for the laws to pass...once they do that, there is nothing holding the economy back but the CBI. [post 2 of 2]
7-5-2014 Newshound Guru Kaperoni ...when Iraq is sole dependent on oil and 95% or about of the countries revenue is dollars, they can stay on the dollar until the cows come home. But that is not a market economy. So the answer to the question is when? It is easily answered...when Iraq decides to change to a market economy, reduce oil dependence, and open the door for investment in agriculture, manufacturing, tourism, etc...then the day will be here for the dinar to have value and will contribute to Iraq's economic success. Which is the very reason today, nothing will happen with the dinar. They are not ready. No government, no laws to support the transition to a market economy, banking laws also need updating, etc. Once that is done...then the CBI will make a move to Article VIII and the rest will follow. [post 1 of 2....stay tuned]
7-5-2014 Newshound Guru Tlar We are on hold because Tuesday the 1st of this week parliament met, was sworn in then adjourned planning on this coming week to finish. This coming Tuesday, the 8th, is critically important to our investment. They are planning on nominating the POP first, then the President, then his two deputies and lastly the PM, all in one day. I hope they are ready to go and can get it done as they think. When they get that done the new government will be announced and seated. Next will follow within days the RV of the currency ($3.25 - $3.65). This is the plan and we better hope it is successful. Maliki must be taken down in this session. If not and the plan fails, it won't be pretty for our investment and there will be a likely hood of a civil war between the Shia and the Sunni.
7-5-2014 Intel Guru Okie_Oil_Man FOR SEVERAL WEEKS NOW I HAVE BEEN REQUESTED NOT TO POST ANY INTEL REGARDING THE GCR/RV AND I HAVE BEEN HONORING THAT REQUEST. I HAVE BEEN FULLY INFORMED WHAT HAS/IS/WILL TRANSPIRE AND TRUELY HAVE WANTED TO SHARE. PLEASE ACCEPT MY ASSURANCE EVERYTHING IS WONDERFUL AND THE PROCESS IS TAKING PLACE IN A TIMELY FASHION. THE NEWS RECEIVED WITHIN THE PAST FEW HOURS REGARDING THE GCR/RV IS VERY ENCOURAGING AND SEEMINGLY VERY IMMENENT. I REMAIN AT MY POST AWAITING THE FINAL POST AUTHORIZED TO BE MADE BY ME. 7-4-2014 Intel/Newshound Guru Poppy3 FROM THE VERY MOMENT THE PM IS ANNOUNCED THE RV CAN FALL AT ANY MOMENT FROM THAT TIME FORWARD. ALSO THEY WILL KNOW LONG BEFORE YOU AND I WILL BE INFORMED WHO WILL BE PM AND IF TURKI IS STAYING IN PLACE. STAND BUY THE WAIT IS VERY CLOSE AT HAND.
7-4-2014 Intel Guru TNT Tony Things are still going in the right direction...looking for an excellent weekend.
7-4-2014 Intel Guru TD I can tell you with certainty through my source that the Kurds are NOT bluffing and behind the scenes are receiving strong support of their intentions from neighbor Turkey, EU countries and the US is quietly endorsing the go ahead since they (The US) feels having a predictable stable & reliable Kurdistan is in everyone's best interests. As Barzani already acknowledged the other day in his interview with the BBC; the Kurds already believe they know partitioning is "imminent" and already happening....and I can tell you with confidence that this time, and in this case, it is highly possible and probable. [post 2 of 2]
7-4-2014 Intel Guru TD On June 25th, I posted of the Kurds intention to start to communicate to the world (media, countries, MNC's, etc) as an "independent minded" entity as they had started in motion their sovereign nation plans. And...by recent articles-they have done exactly that. Also in that post I unveiled the Kurdish plans of bringing out their own currency (as I stated then as early as 2015). Today the Kurds published the images and details of that "possible" currency. [post 1 of 2....stay tuned]
7-4-2014 Intel/Newshound Guru Poppy3 TURKI AND MANY OTHERS HAVE STATED BEYOND A SHADOW OF DOUBT THEY ANNOUNCED TO THE WORLD NOT JUST THE PEOPLE OF IRAQ THAT THEY ARE READY TO IMPLEMENT FINANCIAL REFORM. SO WE KNOW WHAT HAS TO HAPPEN AND NO REASON TO BE EXPECTING ANYTHING DIFFERENT TIL SOMETHING DIFFERENT IS STATED FROM THE VERY PEOPLE WHO WILL BE THE ONE'S TO ACTIVATE WHAT WE NEED. [post 2 of 2]
7-4-2014 Intel/Newshound Guru Poppy3 ...BE READY FOR WHEN THE NEW PRIME MINISTER IS NAMED. I HAVE SAID SEVERAL TIME THAT MY CONTACT IN WASHINGTON TOLD ME POINT BLANK THAT THE IMF, WORLD BANK, AND CBI AGREED BEFORE THE ELECTIONS THAT THEY WOULD HOLD THE RV TILL THEY KNEW WHOM THEY WOULD BE WORKING WITH POST RV AND IF IT IS A NEW PM THAT THERE WOULD BE A POSSIBILITY OF EVEN A NEW CBI GOVERNOR SO ALL IS WELL. [post 1 of 2....stay tuned]
7-4-2014 Newshound Guru Kaperoni Article: "House Speaker Osama Najafi Najafi withdraw his candidacy for the presidency of the parliament confirms: Maliki agreed not to run for a third term versus my withdrawal" ...looks like...Maliki set a condition that Najafi steps down, then so would he. Next week will be interesting.
7-4-2014 Newshound Guru Stryker Article quote: "Parliament of the Kurdistan region of Iraq Tariq essence, that there is no decision or timetable to secede from Iraq." We wanted and needed some good news TODAY, well we have it. The Kurds walked out of their closed door parliament meeting today with a clear need to stay with a new formed federal government if they choose too and not a timetable to get their independence...they believe they can come together with the rest of the blocks to form a real roadmap to take Maliki out. ...here's more great news...Allawi says today that there is a real chance to form a real roadmap of unity so now he says his party will attend all parliament meetings to get it done.
7-3-2014 Newshound Guru Tlar Announcement of a new government hopefully next week. Rv a few days after. We are so close ...New government announced and then quickly after currency changed to new denoms smalls. Rate $3.25 - $3.65.
7-3-2014 Intel Guru SteveI 72 hours set for Iraq to choose New Prime Minister...I have a few of my contacts checking on this statement to see if in fact it is true or not. If true, then this is huge news for the Iraqi people as the UN and US are breathing down their necks to get this done.
7-3-2014 Intel Guru MarkZ [are we there are we there?] I think the answer to that is YES. Well we should be there next week anyways IMO... I have been looking for between the 7th and 10th. I can't really go into all the reasons but let me say the logic is SOLID. IMHO we are pretty much there and it looks to be a smooth finish ahead. I, as always when dealing with this - I reserve the right to be dead wrong. ;) Between banking sources, government sources both domestic and abroad plus military folks I feel pretty comfortable being dagnabit excited going into the Holiday. [So, we have an RV, RI, and GCR confirmed, right?] We have a reset of the banking software and what appears to be those things headed our way yes. We can't confirm the event until it happens which does appear to be days away.
7-3-2014 Intel Guru EXOGEN [Confirmed. RV, RI, and GCR confirmed; equals Christmas coming SOON. 100% confirmed. Tested, confirmed] [Holy Moly!!! Is this finally it?] YES THIS IS FINALLY IT!! ARE YOU READY? THERE WILL NOT BE AN ANNOUNCEMENT! YES-IT MEANS RED SUIT COMING IN DAYS! WHEN YOU SEE THE RED SUIT IT WILL MEAN GO TO THE BANK! "THE FINAL RED SUIT".
7-3-2014 Newshound Guru Tlar Press release: "Announced the CBI to conduct a number of improvements on his cards and cash by placing signs new security feature high protection against counterfeiting with changes in some designs banknotes" This article follows on the heels of the announcement by Kuwait of their printing their new bills with all the new security features. Tit for tat. These are the bills (5 trillion) Iraq printed a few months back and are still distributing. There is a lot going on we will never be privy to but things are moving ahead. When government (is) put together we will see RV within days. The rate has not changed between $3.25 and $3.65.
7-3-2014 New to the Dinar? Feel lost and "behind"? A great place to start is in the START HERE tab listed above at the top...many of your questions are answered there...enjoy.
7-3-2014 Newshound Guru Kaperoni Press Release: "The Iraqi Central Bank announced a number of improvements on his cash marks a new security feature high protection against counterfeiting with changes in some of the designs of banknotes" this appears to be the changes to the larger bills for added security...the CBI made "enhancements" to the smaller 250, 500s bills as well a few months ago. It does not mean new notes...other than reprinting of current denominations with some changes and security features. More importantly the CBI would never do this if they expected to "over night" RV... I cannot say it often enough...this is going to be a gradual appreciation...and it will not start until the laws are passed, the GOI is seated and the violence stops. Then... the CBI will open the capital account, change to Article VIII and new Exchange Regime and the dinar will begin to rise based on the economic conditions...the Balassa-Samuelson effect.
7-3-2014 Newshound Guru Adam Montana Right now we have 2 things going against an RV - the stalled elections and Ramadan. But on the other hand, we have one thing that is starting to look very positive in the near future - the KRG is in a much stronger position and this will force Maliki to either make concessions or be pushed out. We all know he doesn't want to be pushed out! When he makes the concessions, or is pushed out, Iraq as a country will be stronger and it will lead into everything we need to see for them to raise the value of their currency...which, by the way, is remaining strong in spite of the political, holiday, and ISIS situations. We will not see an RV in July..., but I will continue to monitor the situation
7-3-2014 Intel/Newshound Guru American Contractor The Shia cleric from Najaf al-Sistani never mentioned the removal of PM Nuri Maliki, just that the political groups nominate the three presidents by 1 July. Well, we know what happened and no Speaker, President and Prime Minister were nominated. There is much infighting between the groups to come to an agreement. I fully expect next Tuesday, July 8th to be the same if they even meet at all. If the political parties do not have a name that they all can agree on before the meeting next Tuesday, there will not be an Iraqi parliament meeting. 7-2-2014 Newshound Guru Millionday Article quote: "a member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri The the main currency in the country is among the dinar offset by the U.S. dollar, which is considered the base currency in the trading process locally and globally because of its economic power on the most influential countries in the world" this is saying it is time to set the rates and bring the dinar out to the world by releasing the rates...this is huge, they are discussing moving forward with their currency... they do not say when as far as what I see.
7-2-2014 Intel Guru DC [via Adept1] In Iraq...a PM has been selected just not announced, and the key positions are all accounted for. Maliki is still around but his influence is waning. The rest of Iraq has everyone falling in line with the new government, and the Sunnis agree to follow the new PM. Everyone has cut the best deal for their constituents, with international help. The Qi card rates are being adjusted to the RI, and that is happening throughout the country, according to the six folks we talk to throughout Iraq. Things look exceptionally good and we are basically in the same window...Everything from Monday is the same, it looks phenomenal, and we are expecting phone calls at any minute.
7-2-2014 Newshound Guru Administrator Bob Today's news focuses on some late information that the Kurdish region has announced the design of there own currency. The Central Bank of Iraq also released new specifications/security features for the larger denomination bills. This in our opinion clearly indicates that the existing currency will remain in circulation for several more months.
7-2-2014 Intel Guru TNT Tony [via Adept1] In Iraq...We know that the actual vote took place Monday night; we know the numbers and the new PM, and what they did so that people would stay and vote instead of walking out. There are things in parliament that have already happened, that you are hearing won’t happen until next week. Everyone is prepared; there were even some preparatory meetings this morning. I want you to understand that we are really, really close to the end of this ride. We’re really just waiting for announcements.
7-2-2014 Intel Guru Frank26 They pick the 3 Presidents...Which means they sat as a Parliament and Have a PM that is picking 3 prez somewhere in Iraq. They are ACTUALLY SITTING their GOVERNMENT for the first time in 10 years! That factor ALONE is Galactic in proportions compared to their lackadaisical pace and YOU are WITNESSING it.
7-2-2014 Intel Guru TD However Maliki will not go away quietly and there is hardly a charismatic, trouble free, adoring candidate to rule Iraq to the satisfaction of all parties. All this translates to is a huge mess which will require months to sort through. Many state that all the media coverage is "being blown way out of proportion". A United Nations report also out yesterday estimated 1500 civilians (total 2417) died in June. All this begs the question : Why would ANYONE believe that Iraq is on the verge of RI, RD or RV? [post 2 of 2]
7-2-2014 Intel Guru TD Yesterday's parliamentary debacle where people walked out after Maliki's name was brought up clearly shows that these factions are deeply divided and ready to move on. Barzani is hinting that Iraq has at best "a couple months" to straighten itself out or referendum by their parliament will declare to the world their independence. At this point, nothing short of handing over power to the Kurds will stop the inevitable: dividing Iraq into 3 states. [post 1 of 2....stay tuned]
7-2-2014 Intel Guru Jester [Have you heard anything regarding the ISX opening up to more outside Iraq trading?] THEY ARE ALREADY TRADING OUTSIDE. ANYONE TELLING YOU DIFFERENT IS SPINNING IT TO MAKE YOU THINK THEY KNOW SOMETHING. I HAVE TOLD YOU...TO QUIT LOOKING FOR ISOLATED EVENTS LIKE THAT TRYING TO MAKE THEM MEAN SOMETHING.
7-2-2014 Newshound Guru Chattels the following is an excellent concise description of the state of affairs in Iraq: "Embattled Prime Minister Nouri al-Maliki despite facing massive opposition to re-election persists in his efforts for a third term while Sunni extremists and Iraqi Sunni tribes gain control of large swaths of land and Kurds threaten to secede."
7-2-2014 Newshound Guru Enorrste Maliki will stall until the Kurds make their decision. The only way in which they would elect not to leave greater Iraq is if they are part of a unified government without Maliki. That prognosis is highly unlikely at the present time. Therefore, Maliki would be shrewd to sit back and let events unfold. By law he is in the first position. By practice he has shown that he might take up to 10 months to form a new government. By Barzani's statement, if Maliki is given that opportunity, he will leave greater Iraq. Maliki's response? "Don't let the door hit you on the way out." Maliki is in a fairly good position at this point. He cannot be summarily removed. A large chunk of his opposition is about to bolt. Time is on his side. [post 2 of 2]
7-2-2014 Newshound Guru Enorrste Article: "Barzani: We seek to determine the day of the referendum on independence and the schedule will only take months" ...based on this article...a process has been initiated to separate from greater Iraq by the Kurds. It may take several months. Suppose that the Kurds are successful and that they vote to leave. It is clear from other articles that such a vote would be successful. What then? The answer is this: 62 total votes will leave the Iraqi Parliament, leaving only 266 total members in the Iraqi Parliament. This would mean that it would take only 134 votes for a candidate to form a new government rather than the current 165 votes. Now ask this question: who would benefit from the Kurds leaving the greater Iraqi union? Answer: Maliki. [post 1of 2....stay tuned]
7-2-2014 Newshound Guru Millionday supply and demand is what a market economy is...the economic reforms are going well and are not being held up due to security... the foreign investors are bringing jobs and also moving forward as expected in their contracts for infrastructure. the result of any slow down was from the media reports-- those are the negative insights to what is going on and what is being done about it... the oil export is ready and willing able etc. and the stabilization of the reality of the monetary reform is supported by the reserves held by CBI. so as we see the one thing we all love...PROGRESS!
Read more: http://www.dinarguru.com/#ixzz36h14vHiA
7-5-2014 Newshound Guru Enorrste Until the constitutional process plays itself out, Maliki is definitely still in the game. ...it is my opinion that Maliki will stretch this out in an attempt to gain more votes....he is not giving up and he has a track record for doing this sort of thing. I believe that the plan is still in play, although delayed somewhat by the political machinations and the security situation (two things specifically mentioned by the CBI numerous times). These are partly Maliki's problem, but I don't think that he is motivated by a desire to "crash the plan" in terms of the dinar. His motivation is much simpler: power, money, control. The fact that the people are suffering can definitely be laid at his feet, IMO. But the dinar simply cannot be floated yet. Therefore the plan is "in play" until the timing is right. Maliki, should he survive, will allow the institution of the plan. At that point it will be to his political advantage to do so. It will be a part of his legacy.
7-5-2014 Intel Guru Mnt Goat I can tell you there is a USA plan in place and the events unfolding now have to line up just right (or coincide) in the next 3 days and then they will pop this RV then if this happens. If the right chess moves are not allowed to happen in Tuesday’s session in parliament to satisfy the USA (and thus also the people of Iraq)...Maliki will be forcefully taken out...let’s see how this drama all works out over the next 72 hours or worst case maybe 7 days -but I hope not. There is literally just one issue now that is stopping the announcement...the USA has already completed 95%+ of the rollout process already. If all goes as planned (plan A) we will be at the banks next week. But if the USA has to force this government change they it may take a little longer.
7-5-2014 Intel/Newshound Guru Poppy3 I AM NOW OF THE OPINION THAT BEHIND THE SCENES AGREEMENTS ARE BEING DISCUSSED BY THE DIFFERENT BLOCS TO BE SURE THEY HAVE THE VOTES TO CONTROL MALIKI . THE ONLY PART OF THIS THAT SCARES ME IS THAT THE KURDS HAVE AGAIN CHOSEN NOT TO ATTEND.
7-5-2014 Newshound Guru Kaperoni I cannot pinpoint a timeframe with certainty based on the banking infrastructure project scheduled for end of this year/2014-2015. I can though pinpoint with certainty that a market economy will not succeed without first having a convertible currency (Article VIII) and an open Capital Account. Those are requirements. So if your looking for a trigger...look for the laws to pass...once they do that, there is nothing holding the economy back but the CBI. [post 2 of 2]
7-5-2014 Newshound Guru Kaperoni ...when Iraq is sole dependent on oil and 95% or about of the countries revenue is dollars, they can stay on the dollar until the cows come home. But that is not a market economy. So the answer to the question is when? It is easily answered...when Iraq decides to change to a market economy, reduce oil dependence, and open the door for investment in agriculture, manufacturing, tourism, etc...then the day will be here for the dinar to have value and will contribute to Iraq's economic success. Which is the very reason today, nothing will happen with the dinar. They are not ready. No government, no laws to support the transition to a market economy, banking laws also need updating, etc. Once that is done...then the CBI will make a move to Article VIII and the rest will follow. [post 1 of 2....stay tuned]
7-5-2014 Newshound Guru Tlar We are on hold because Tuesday the 1st of this week parliament met, was sworn in then adjourned planning on this coming week to finish. This coming Tuesday, the 8th, is critically important to our investment. They are planning on nominating the POP first, then the President, then his two deputies and lastly the PM, all in one day. I hope they are ready to go and can get it done as they think. When they get that done the new government will be announced and seated. Next will follow within days the RV of the currency ($3.25 - $3.65). This is the plan and we better hope it is successful. Maliki must be taken down in this session. If not and the plan fails, it won't be pretty for our investment and there will be a likely hood of a civil war between the Shia and the Sunni.
7-5-2014 Intel Guru Okie_Oil_Man FOR SEVERAL WEEKS NOW I HAVE BEEN REQUESTED NOT TO POST ANY INTEL REGARDING THE GCR/RV AND I HAVE BEEN HONORING THAT REQUEST. I HAVE BEEN FULLY INFORMED WHAT HAS/IS/WILL TRANSPIRE AND TRUELY HAVE WANTED TO SHARE. PLEASE ACCEPT MY ASSURANCE EVERYTHING IS WONDERFUL AND THE PROCESS IS TAKING PLACE IN A TIMELY FASHION. THE NEWS RECEIVED WITHIN THE PAST FEW HOURS REGARDING THE GCR/RV IS VERY ENCOURAGING AND SEEMINGLY VERY IMMENENT. I REMAIN AT MY POST AWAITING THE FINAL POST AUTHORIZED TO BE MADE BY ME. 7-4-2014 Intel/Newshound Guru Poppy3 FROM THE VERY MOMENT THE PM IS ANNOUNCED THE RV CAN FALL AT ANY MOMENT FROM THAT TIME FORWARD. ALSO THEY WILL KNOW LONG BEFORE YOU AND I WILL BE INFORMED WHO WILL BE PM AND IF TURKI IS STAYING IN PLACE. STAND BUY THE WAIT IS VERY CLOSE AT HAND.
7-4-2014 Intel Guru TNT Tony Things are still going in the right direction...looking for an excellent weekend.
7-4-2014 Intel Guru TD I can tell you with certainty through my source that the Kurds are NOT bluffing and behind the scenes are receiving strong support of their intentions from neighbor Turkey, EU countries and the US is quietly endorsing the go ahead since they (The US) feels having a predictable stable & reliable Kurdistan is in everyone's best interests. As Barzani already acknowledged the other day in his interview with the BBC; the Kurds already believe they know partitioning is "imminent" and already happening....and I can tell you with confidence that this time, and in this case, it is highly possible and probable. [post 2 of 2]
7-4-2014 Intel Guru TD On June 25th, I posted of the Kurds intention to start to communicate to the world (media, countries, MNC's, etc) as an "independent minded" entity as they had started in motion their sovereign nation plans. And...by recent articles-they have done exactly that. Also in that post I unveiled the Kurdish plans of bringing out their own currency (as I stated then as early as 2015). Today the Kurds published the images and details of that "possible" currency. [post 1 of 2....stay tuned]
7-4-2014 Intel/Newshound Guru Poppy3 TURKI AND MANY OTHERS HAVE STATED BEYOND A SHADOW OF DOUBT THEY ANNOUNCED TO THE WORLD NOT JUST THE PEOPLE OF IRAQ THAT THEY ARE READY TO IMPLEMENT FINANCIAL REFORM. SO WE KNOW WHAT HAS TO HAPPEN AND NO REASON TO BE EXPECTING ANYTHING DIFFERENT TIL SOMETHING DIFFERENT IS STATED FROM THE VERY PEOPLE WHO WILL BE THE ONE'S TO ACTIVATE WHAT WE NEED. [post 2 of 2]
7-4-2014 Intel/Newshound Guru Poppy3 ...BE READY FOR WHEN THE NEW PRIME MINISTER IS NAMED. I HAVE SAID SEVERAL TIME THAT MY CONTACT IN WASHINGTON TOLD ME POINT BLANK THAT THE IMF, WORLD BANK, AND CBI AGREED BEFORE THE ELECTIONS THAT THEY WOULD HOLD THE RV TILL THEY KNEW WHOM THEY WOULD BE WORKING WITH POST RV AND IF IT IS A NEW PM THAT THERE WOULD BE A POSSIBILITY OF EVEN A NEW CBI GOVERNOR SO ALL IS WELL. [post 1 of 2....stay tuned]
7-4-2014 Newshound Guru Kaperoni Article: "House Speaker Osama Najafi Najafi withdraw his candidacy for the presidency of the parliament confirms: Maliki agreed not to run for a third term versus my withdrawal" ...looks like...Maliki set a condition that Najafi steps down, then so would he. Next week will be interesting.
7-4-2014 Newshound Guru Stryker Article quote: "Parliament of the Kurdistan region of Iraq Tariq essence, that there is no decision or timetable to secede from Iraq." We wanted and needed some good news TODAY, well we have it. The Kurds walked out of their closed door parliament meeting today with a clear need to stay with a new formed federal government if they choose too and not a timetable to get their independence...they believe they can come together with the rest of the blocks to form a real roadmap to take Maliki out. ...here's more great news...Allawi says today that there is a real chance to form a real roadmap of unity so now he says his party will attend all parliament meetings to get it done.
7-3-2014 Newshound Guru Tlar Announcement of a new government hopefully next week. Rv a few days after. We are so close ...New government announced and then quickly after currency changed to new denoms smalls. Rate $3.25 - $3.65.
7-3-2014 Intel Guru SteveI 72 hours set for Iraq to choose New Prime Minister...I have a few of my contacts checking on this statement to see if in fact it is true or not. If true, then this is huge news for the Iraqi people as the UN and US are breathing down their necks to get this done.
7-3-2014 Intel Guru MarkZ [are we there are we there?] I think the answer to that is YES. Well we should be there next week anyways IMO... I have been looking for between the 7th and 10th. I can't really go into all the reasons but let me say the logic is SOLID. IMHO we are pretty much there and it looks to be a smooth finish ahead. I, as always when dealing with this - I reserve the right to be dead wrong. ;) Between banking sources, government sources both domestic and abroad plus military folks I feel pretty comfortable being dagnabit excited going into the Holiday. [So, we have an RV, RI, and GCR confirmed, right?] We have a reset of the banking software and what appears to be those things headed our way yes. We can't confirm the event until it happens which does appear to be days away.
7-3-2014 Intel Guru EXOGEN [Confirmed. RV, RI, and GCR confirmed; equals Christmas coming SOON. 100% confirmed. Tested, confirmed] [Holy Moly!!! Is this finally it?] YES THIS IS FINALLY IT!! ARE YOU READY? THERE WILL NOT BE AN ANNOUNCEMENT! YES-IT MEANS RED SUIT COMING IN DAYS! WHEN YOU SEE THE RED SUIT IT WILL MEAN GO TO THE BANK! "THE FINAL RED SUIT".
7-3-2014 Newshound Guru Tlar Press release: "Announced the CBI to conduct a number of improvements on his cards and cash by placing signs new security feature high protection against counterfeiting with changes in some designs banknotes" This article follows on the heels of the announcement by Kuwait of their printing their new bills with all the new security features. Tit for tat. These are the bills (5 trillion) Iraq printed a few months back and are still distributing. There is a lot going on we will never be privy to but things are moving ahead. When government (is) put together we will see RV within days. The rate has not changed between $3.25 and $3.65.
7-3-2014 New to the Dinar? Feel lost and "behind"? A great place to start is in the START HERE tab listed above at the top...many of your questions are answered there...enjoy.
7-3-2014 Newshound Guru Kaperoni Press Release: "The Iraqi Central Bank announced a number of improvements on his cash marks a new security feature high protection against counterfeiting with changes in some of the designs of banknotes" this appears to be the changes to the larger bills for added security...the CBI made "enhancements" to the smaller 250, 500s bills as well a few months ago. It does not mean new notes...other than reprinting of current denominations with some changes and security features. More importantly the CBI would never do this if they expected to "over night" RV... I cannot say it often enough...this is going to be a gradual appreciation...and it will not start until the laws are passed, the GOI is seated and the violence stops. Then... the CBI will open the capital account, change to Article VIII and new Exchange Regime and the dinar will begin to rise based on the economic conditions...the Balassa-Samuelson effect.
7-3-2014 Newshound Guru Adam Montana Right now we have 2 things going against an RV - the stalled elections and Ramadan. But on the other hand, we have one thing that is starting to look very positive in the near future - the KRG is in a much stronger position and this will force Maliki to either make concessions or be pushed out. We all know he doesn't want to be pushed out! When he makes the concessions, or is pushed out, Iraq as a country will be stronger and it will lead into everything we need to see for them to raise the value of their currency...which, by the way, is remaining strong in spite of the political, holiday, and ISIS situations. We will not see an RV in July..., but I will continue to monitor the situation
7-3-2014 Intel/Newshound Guru American Contractor The Shia cleric from Najaf al-Sistani never mentioned the removal of PM Nuri Maliki, just that the political groups nominate the three presidents by 1 July. Well, we know what happened and no Speaker, President and Prime Minister were nominated. There is much infighting between the groups to come to an agreement. I fully expect next Tuesday, July 8th to be the same if they even meet at all. If the political parties do not have a name that they all can agree on before the meeting next Tuesday, there will not be an Iraqi parliament meeting. 7-2-2014 Newshound Guru Millionday Article quote: "a member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri The the main currency in the country is among the dinar offset by the U.S. dollar, which is considered the base currency in the trading process locally and globally because of its economic power on the most influential countries in the world" this is saying it is time to set the rates and bring the dinar out to the world by releasing the rates...this is huge, they are discussing moving forward with their currency... they do not say when as far as what I see.
7-2-2014 Intel Guru DC [via Adept1] In Iraq...a PM has been selected just not announced, and the key positions are all accounted for. Maliki is still around but his influence is waning. The rest of Iraq has everyone falling in line with the new government, and the Sunnis agree to follow the new PM. Everyone has cut the best deal for their constituents, with international help. The Qi card rates are being adjusted to the RI, and that is happening throughout the country, according to the six folks we talk to throughout Iraq. Things look exceptionally good and we are basically in the same window...Everything from Monday is the same, it looks phenomenal, and we are expecting phone calls at any minute.
7-2-2014 Newshound Guru Administrator Bob Today's news focuses on some late information that the Kurdish region has announced the design of there own currency. The Central Bank of Iraq also released new specifications/security features for the larger denomination bills. This in our opinion clearly indicates that the existing currency will remain in circulation for several more months.
7-2-2014 Intel Guru TNT Tony [via Adept1] In Iraq...We know that the actual vote took place Monday night; we know the numbers and the new PM, and what they did so that people would stay and vote instead of walking out. There are things in parliament that have already happened, that you are hearing won’t happen until next week. Everyone is prepared; there were even some preparatory meetings this morning. I want you to understand that we are really, really close to the end of this ride. We’re really just waiting for announcements.
7-2-2014 Intel Guru Frank26 They pick the 3 Presidents...Which means they sat as a Parliament and Have a PM that is picking 3 prez somewhere in Iraq. They are ACTUALLY SITTING their GOVERNMENT for the first time in 10 years! That factor ALONE is Galactic in proportions compared to their lackadaisical pace and YOU are WITNESSING it.
7-2-2014 Intel Guru TD However Maliki will not go away quietly and there is hardly a charismatic, trouble free, adoring candidate to rule Iraq to the satisfaction of all parties. All this translates to is a huge mess which will require months to sort through. Many state that all the media coverage is "being blown way out of proportion". A United Nations report also out yesterday estimated 1500 civilians (total 2417) died in June. All this begs the question : Why would ANYONE believe that Iraq is on the verge of RI, RD or RV? [post 2 of 2]
7-2-2014 Intel Guru TD Yesterday's parliamentary debacle where people walked out after Maliki's name was brought up clearly shows that these factions are deeply divided and ready to move on. Barzani is hinting that Iraq has at best "a couple months" to straighten itself out or referendum by their parliament will declare to the world their independence. At this point, nothing short of handing over power to the Kurds will stop the inevitable: dividing Iraq into 3 states. [post 1 of 2....stay tuned]
7-2-2014 Intel Guru Jester [Have you heard anything regarding the ISX opening up to more outside Iraq trading?] THEY ARE ALREADY TRADING OUTSIDE. ANYONE TELLING YOU DIFFERENT IS SPINNING IT TO MAKE YOU THINK THEY KNOW SOMETHING. I HAVE TOLD YOU...TO QUIT LOOKING FOR ISOLATED EVENTS LIKE THAT TRYING TO MAKE THEM MEAN SOMETHING.
7-2-2014 Newshound Guru Chattels the following is an excellent concise description of the state of affairs in Iraq: "Embattled Prime Minister Nouri al-Maliki despite facing massive opposition to re-election persists in his efforts for a third term while Sunni extremists and Iraqi Sunni tribes gain control of large swaths of land and Kurds threaten to secede."
7-2-2014 Newshound Guru Enorrste Maliki will stall until the Kurds make their decision. The only way in which they would elect not to leave greater Iraq is if they are part of a unified government without Maliki. That prognosis is highly unlikely at the present time. Therefore, Maliki would be shrewd to sit back and let events unfold. By law he is in the first position. By practice he has shown that he might take up to 10 months to form a new government. By Barzani's statement, if Maliki is given that opportunity, he will leave greater Iraq. Maliki's response? "Don't let the door hit you on the way out." Maliki is in a fairly good position at this point. He cannot be summarily removed. A large chunk of his opposition is about to bolt. Time is on his side. [post 2 of 2]
7-2-2014 Newshound Guru Enorrste Article: "Barzani: We seek to determine the day of the referendum on independence and the schedule will only take months" ...based on this article...a process has been initiated to separate from greater Iraq by the Kurds. It may take several months. Suppose that the Kurds are successful and that they vote to leave. It is clear from other articles that such a vote would be successful. What then? The answer is this: 62 total votes will leave the Iraqi Parliament, leaving only 266 total members in the Iraqi Parliament. This would mean that it would take only 134 votes for a candidate to form a new government rather than the current 165 votes. Now ask this question: who would benefit from the Kurds leaving the greater Iraqi union? Answer: Maliki. [post 1of 2....stay tuned]
7-2-2014 Newshound Guru Millionday supply and demand is what a market economy is...the economic reforms are going well and are not being held up due to security... the foreign investors are bringing jobs and also moving forward as expected in their contracts for infrastructure. the result of any slow down was from the media reports-- those are the negative insights to what is going on and what is being done about it... the oil export is ready and willing able etc. and the stabilization of the reality of the monetary reform is supported by the reserves held by CBI. so as we see the one thing we all love...PROGRESS!
Read more: http://www.dinarguru.com/#ixzz36h14vHiA
7-1-2014 Newshound Guru Tlar ...the government was to be put together on the 1st. Not the RV. No body thought that what happened today and the way it happened would take place. There is a plan; Government together then RV. The pres and the Pm are already known to the coalition and approved by the Sunni's and Kurds. Kerry is being sent to try to move the timetable up. We will see if he is successful. Until the new government is seated, the RV is on hold. Maliki will be removed and there will be a new government. The Rv will take place shortly after. By the way, the rate is north of $3.25 and south of $3.60. This will get resolved but the CBI is waiting just like you and me.
7-1-2014 Newshound/Intel Guru Arthur It is incumbent on the SOL right now for their very existence to seriously consider dumping Maliki for Najm who is a Maliki puppet or risk their own extinction which will lead most of them to prosecution. Maliki is now hoping on a major catastrophic breakdown of the NA which will give him the nod for a 3rd term based on his election numbers. I do not think that is gonna happen. IMO the next 48 hours will see a lot of back door meetings within the NA and the SOL which IMO will lead to a new PM. [post 2 of 2]
7-1-2014 Newshound/Intel Guru Arthur I think I’ve figured out what is going on in Iraq. It’s a numbers thing...once they did the numbers today, Najafi figured out they couldn't do this today without a general consensus for one guy that would give them numbers over Maliki. So they went to Grand Ayatollah Sistani and told him to break the stalemate and he publicly broke it by endorsing Mahdi for PM. IMO they will all now come back put up Mahdi up against Maliki and Maliki will lose badly just by the numbers which will kill the SOL as a party. [post 1 of 2....stay tuned]
7-1-2014 Newshound Guru Kaperoni Article: "Liberal: names put forward for the presidency of the parliament is not acceptable" So nothing happened today other than swearing in of the MPs. Like Enorrste and I have said, this will take a while. And Maliki will squat looking for a third term at PM. There will be some good haggling over the next weeks, months to chose a PM and build a coalition big enough to get it done.
7-1-2014 Newshound Guru Millionday ...and they have announced once again -- the smart cards are being loaded with all gov benefits TODAY. LETS DO ONE THING...FOLLOW THE MONEY. VISAS ARE GLOBAL, PERIOD. THEY HAVE TO BE EXCHANGEABLE TO USE VISAS AT THE AIRPORT OR EXCHANGE HOUSES OR TO TRAVEL OR TO USE AT ANY ATMS -- ETC. [post 2 of 2]
7-1-2014 Newshound Guru Millionday ...dont get political and economical confused. i do not agree that they will have to put the trade and the isx and the smart cards and budget and all of CBI independent work on hold. i think that they are moving very fast compared to what we have seen in the past and CBI has moved mountains -- yesterday they declared they are basel III compliant -- that is international compliance -- very good news. [post 1 of 2....stay tuned]
7-1-2014 Newshound/Intel Guru BGG I do think we're on a path to something happening - the problem is us trying to figure the timing.
7-1-2014 Intel Guru Mnt Goat Article quote: “The Chairman of the session, Mahdi al-Hafidh, adjourned the session for one week to reach an accord among the blocs over the candidates who will assume the posts of President, Speaker and Prime Ministers.” So the new parliament adjourned its session for one week to reach agreement on nominating the three Presidencies. However they did manage to swear in the new parliament members...So parliament is officially seated. They need a new speaker to complete parliament. I still firmly believe that we will not see any revaluation of the IQD unless Iraq has a stable and functional government and thus has a political environment that it can advance in and thrive in. [post 2 of 2]
7-1-2014 Intel Guru Mnt Goat The State of Law Coalition is still insisting they are entitled to back Nuri Al-Maliki as their party did obtain the majority votes in the preliminary election results. So today we stand on a new timeline once again. Postponement seems to be the name of the game once again. Should I instead call it “stalling”? Stalling on the part of Maliki and...the State of Law coalition to buy yet more time to find a way to get Maliki in for a 3rd term. He already got them to postpone the 6/24 session to 6/27 then to 7/1 and now for another week. [post 1 of 2....stay tuned]
7-1-2014 Newshound Guru Chattels Article quote: "The Iraqi parliament has held its team on Tuesday in the presence of 255 deputies were sworn in, but these adjourned for the failure of the political blocs to agree on the chair of the Parliament and to the republic for the next week while the agreement provides" some progress it would appear...255 deputies were sworn in... so, we have seven ( 7 ) days of Iraqi news " hell " until the 8th of July. [What happens on the 8th?] Parliament " scheduled " to reconvene.
7-1-2014 Intel Guru Delta Right now Iraq has the support of the whole world...so be glad of your investment.
7-1-2014 Intel Guru Frank26 the 2nd has great potential...and [ I ] believe the governor of the CBI -Turki will surprise the hell out of us very soon. [IMO]- the ISX will not open with 1166 and they are on Holiday the first of July.
7-1-2014 Newshound Guru Millionday Article quote: "confirmed Labour Minister Nassar al-Rubaie coordination with offices banking for the purpose of facilitating the possibility of facilitating the receipt of beneficiaries Salahuddin and Nineveh salaries than any other province, including the Kurdistan region through the use of the smart card." the smart cards are supposed to be loaded and usable today. MORE THAN A MILLION PEOPLE WILL GET THE SMART CARDS AND IF I REMEMBER RIGHT THEY ARE VISAS.
7-1-2014 Newshound Guru Millionday The value of a currency is measured by its value relative to other currencies, which is determined by supply and demand. “Demand” in this sense is actually understood as “velocity”, meaning the amount and number of times a particular country’s currency notes circulate within a set period of time. The faster a currency circulates, the more valuable it is perceived due to verified consumer confidence. The trading relationship between two countries plays a major role in determining the exchange rate between their two currencies. These factors include: inflation, interest rates, current account deficits, public debt, terms of trade and political stability. The exchange rate of the currency in which an investor’s portfolio holds the bulk of its investments is a major determinant of that portfolio’s return. [post 2 of 2]
7-1-2014 Newshound Guru Millionday [The ISX is supposed to go live tomorrow (Tuesday). Do they not need a reality rate?] if the dinar is sold on the market --- it will be priced to its value -- a fair market value. it may not be done tomorrow (Tuesday) but it is very close. [post 1 of 2...stay tuned]
7-1-2014 Newshound Guru Tlar [Do you think, once the gov't is seated & the currency has Revalued, do you think it will be announced through the media...?] . Don't look for balloons or a parade here. It will be kept as quite as possible because our government wants it that way.
6-30-2014 Intel Guru TerryK I THINK WE HAVE A STRONG CHANCE OF SEEING THIS IN THE AM...THEIR GOV IT TO BE SEATED TOMORROW... THE ISX IS TO GO LIVE TOMORROW.
6-30-2014 Intel Guru Jester [do you think M will be voted out tomorrow or will he pull a fast one?] HE DOES NOT HAVE TO BE VOTED OUT... HE IS ALREADY OUT... WHEN YOU HAVE A NEW GOVERNMENT THE QUESTION IS WHO ARE THEY VOTING IN... HIS TIME IS UP...HOWEVER... THEY COULD VOTE HIM BACK IN... NOT SURE HOW THAT WOULD WORK BUT IT IS A POSSIBILITY...[is everything still on track for a possible RV this week?] WELL... DEPENDS ON HOW YOU LOOK AT IT...IF YOU ARE ASKING IF YOU ARE LIKELY TO BE AT THE BANK THE ANSWER IS NO.
6-30-2014 Newshound Guru Tlar Turki said it himself when he stated that he would do it today if the government was settled. He also stated he would like to do it mid year. Tomorrow is the first day of mid-year and tomorrow hopefully the government will be "settled." Like I said above, the RV will follow within days of the announcement of the new government. We are so close to this being over. [post 2 of 2]
6-30-2014 Newshound Guru Tlar Tomorrow should be a big day in the life of this investment. The parliament will meet and be sworn in and then either announce the candidates to the press for government positions or they will go through the motions and actually vote them in one by one. In other words they might either make an announcement to the press of the new government or go through the motions of appearing to build a government in one day. This is the first step in the process. The RV will quickly follow meaning in 3-7 days but more like three. The rate is still at between $3.00 - $4.00. I know some of you don't understand but this is the way it will go. Anything can be delayed because remember this is Iraq... If there is a delay it will only be a few days but at this time nobody is anticipating any delay. [post 1 of 2....stay tuned]
6-30-2014 Intel Guru TNT Tony [via Duke] This was supposed to happen but was held up for between 1st - 4th. As of this morning this was a request to extend it out to the 9th or 10th, which we don't think will happen. That could be out there to cause confusion because Maliki is still trying to stay in the game. Parliament is meeting right now... In the mosques everybody was told the rates on their cards would increase late tonight or by tomorrow morning. We're waiting for a PM, GOI, and increase on their cards by their tomorrow morning, our late tonight. ISX is still supposed to occur on the 1st. We've gotten this info from Washington & 3-letter agencies. I think things are working out the way they're supposed to. I cannot see them extending this to the 9th. I'm expecting you to have a superfantastic Fourth of July weekend.
6-30-2014 Intel Guru DC We expected some announcements and number but they're a little slow in showing. We should see them in the next day or two. Bottom line is we expect it on or before the 4th and have an immense amount of confirmations globally. The CBI is queued up and they have reps from 10 countries physically at the CBI making sure it's done right. This includes reps from the major central banks, BIS, IMF, etc. The QI Cards will increase in value again, as told by 4 different folks again, tomorrow. Security is setup to guard the banks and tomorrow will be a holiday. Ramadan is going on and they're having a day off tomorrow, so it's a wonderful week for an RV. [post 2 of 2]
6-30-2014 Intel Guru DC [via Duke] In Iraq...The top leaders of Sunni, Shia, and Kurds all want to form an inclusive GOI. The 2 lead candidates - Mahdi and Chalabi - both understand they have to be inclusive. Maliki is still around trying to making a play. Could he make a comeback? The chances of him coming out on top are extremely thin. He's burned all his bridges. The ministers and all positions are being setup. Parliament is meeting as we speak and the PM should be selected today or first thing tomorrow morning. [post 1 of 2....stay tuned]
6-30-2014 Intel Guru Bluwolf The international rate has been established and it shall be let out officially and simultaneously with the setting of its GOI. All bluffs sent and acted out by media will seize to exist within the next few days. Iraq will have a seated government a new PM and a RV. Please note, some banksters will try the old shoot into the air a let the stampede commence (start) so you will probably see a 3.71 momentarily (from one to three days)...Look rv at any moment, any second, at any hour now...
6-30-2014 Newshound Guru Enorrste Article: "National Alliance officially announced the biggest bloc, which he called its candidate for prime minister, and confirms the presence of the first session" So we see that the NA has legally claimed the right to have the first opportunity to form the new government. We also see...that they are nominating 3 candidates rather than just one. They are nominating Maliki, Mahdi, and Chalabi. As the new Parliament opens, then, the debate will begin in earnest (after the choosing of the 3 presidents, which may take a few days, although I doubt it). The debate will then be open for all to vote, rather than just the NA. This means that the entire 328 members will be choosing between the 3 nominees. Maliki will have a definite head start with his 100 committed members, unless some have already defected.
6-30-2014 Newshound Guru Tlar Maliki will be gone. Truth should be known on the 1st of July. ...I am right on this. Things are not what they seem. There is a plan in place and we are not supposed to understand or know. Confusion is the master part of this deal. We hear and see the play only what is intended for us and we can only see so much because of all the confusion. Believe me, what you see and hear is not what what is happening.
6-30-2014 Newshound/Intel Guru Randy Koonce Question 4 will the fighting stop the RV...It has nothing to do with RV...the money was only an issue if the US had troops that the militants could use the money to buy weapons against them... So in summary we are looking for the announcement of the GOI by the 1st of July and then the RV should show up within a day... That is the way we are reading the things that are going on...Now can anything get in the way sure.... I do not think so but we you are dealing with politicians then you never know if things can change... Because Maliki will not be involved with what is happening the Rate should go back to the orginal that I have stated but we may need to wait until it happens to know... [post 2 of 2]
6-30-2014 Newshound/Intel Guru Randy Koonce ...we are coming to an end now with the GOI getting formed...Question 1 is Maliki Out...up unitl now he has been fighting to remain part of the GOI but because of the last thing that he did to remain Prime Minister Like tell his generals to leave their post and let the militants over run them... Yes the fighting in Iraq going on right now is because of Maliki so Maliki will not be part of the GOI or even any position...Will he fight up to the last minute Yes Yes Yes...but in the end it will not matter. Question 2 who will be the PM...it will either be Chalibi or Madhi either one for us is fine...we should know for sure in about a day...Question 3 could it take longer for the PM to be seating...Yes...but we do not think so if you listen to all the news the GOI will be formed by the first... [post 1of 2....stay tuned]
6-30-2014 Intel Guru Frank26 [Why does the IR have to be given in order for the ISX to go intl? Can it be that if the program rate of 1116 is still live that there will be penny stocks to buy and lots of them!] Yes...They can trade at 1166. In the IXS. If they make this mistake ...They will temp me to take advantage of them too! 6-29-2014 Intel/Newshound Guru Poppy3 I STILL BELIEVE THERE WILL BE NO FLOAT IT WILL BE A FLAT RATE AS THE CBI HAS SAID MANY TIMES. THE RATE I STILL BELIEVE WILL BE 3 DOLLARS PLUS. I HAVE SEEN ZERO OFFICIAL REPORT FROM ANYONE THAT HAS EVER SAID DIFFERENT FROM THAT. I DO BELIEVE WHEN THAT OFFICE OPENS WE ARE SUBJECT TO SEE THE RATE AT ANY MOMENT AFTER. THE REASON I FEEL THAT WAY IS THAT BEHIND THE SCENES WE HAVE NO IDEA WHAT AGREEMENTS WHERE MADE ALREADY WITH THE IMF, WORLD BANKS PEOPLE. EITHER WAY WITHIN A VERY SHORT PERIOD WE WILL KNOW ALL THE ANSWERS FOR THE FIRST TIME EVER. [post 2 of 2]
6-29-2014 Intel/Newshound Guru Poppy3 EVERYONE I HAVE TALKED WITH AND ALL THE NEWS IN INK FROM USUALLY RELIABLE SOURCES ALL THINK WITHIN THE FIRST TWO WEEKS OF JULY. THEY, LIKE ME, BELIEVE THE ISX WILL OPEN ON THE FIRST BUT WE ALSO FEEL THEY WILL NOT BE TRADABLE FOR A FEW DAYS AFTER AS THEY HAVE TO FULLY QUALIFY INTERNATIONALLY. WE FEEL THEY HAVE TO HAVE THE ISX OFFICE ONLINE GLOBALLY AND TESTED BY THE WORLD BANK AND IMF AND THEN THEY WILL ISSUE A RATE. [post 1 of 2....stay tuned]
6-29-2014 Newshound Guru Aggeidad77 Well it would appear that the General Secretariat of the COM has just freed up the schedule for all members of Parliament...unless your great aunt's second cousin's toad dies there should be no excuse now for being absent from the Tuesday Parliament meeting...meanwhile eyes are focused on Maliki...remember I said to watch the villain...what might he have up his sleeve for Tuesday.
6-29-2014 Intel Guru EXOGEN Where we are today? In the FINAL COUNTDOWN. FINISH LINE AHEAD. HANG IN THERE.
6-29-2014 Intel Guru TD (So what is the significance of July 1st ? ) . Well, I can tell you FOR SURE that it is NOT the END GAME. At best, July 1st represents the( hopeful) union of parliament to START to form a new government. And as of right now so many variables are at play that it's a statistical nightmare trying to predict the outcome. One very certain consensus is that NO ONE wants Maliki and till he goes the pieces won't even start to come together. IF and WHEN a suitable functioning government starts back working on the people's business (AND ONLY THEN) will other issues left on the table be possible to address including IMF compliance, economic reform laws passed, etc.
6-29-2014 Intel Guru Frank26 [The exciting news is that every day now there will be great news. We are in the final stretch.] Yes, IMO. Tuesday will tell You so. What is happening is Good and...Fast.
6-29-2014 Intel/Newshound Guru Poppy3 MANY THINGS IN IRAQ HAPPENING FOR OUR GOOD. GOT A REPORT...THE HELO'S TODAY [SATURDAY] RAN MANY OF THE ISIS GROUP TO THE HILLS AND IN TEKRET THEY HAVE LEFT IT ALL TOGETHER AT LEAST MOST ARE GONE AND OTHERS TRYING TO GET OUT BUT OUR HLO'S DESTROYED MANY OF THEIR TRANSPORTATION... TURKI STATED TODAY THE CBI IS READY TO COMPLETE FINANCIAL REFORM THIS NEXT WEEK. TIME WILL SHOW US VERY SOON NOW. I EXPECT ALL WILL BE IN PLACE NO LATER THAN THE 15TH.
6-29-14 Newshound Guru Tlar [it looks to me like they are already separating into 3 regions within the country of Iraq.] Kurddistan has already stated they want to work within the confines of Iraq which means stay. They got what they want as do the Sunni's the minute a new government exists. This will be a democracy and it is my belief they are better off as part of Iraq than by themselves. I have said it for years that references to leaving Iraq is bluster used when they want to move the process along. With Maliki gone, the big picture for Iraq is good.
6-29-2014 Intel Guru MarkZ [any rumors on the Zim going now?] I was told by a couple of european bankers that it actually made the exchange screens this weekend. IMO it is going. [do you still think that VND will be high?] I do think it will be high. Based on my math a properly adjusted RI would be 2.21 so I believe it should drift up close to that given time even if it comes in low. Only time will tell... [post 2 of 2]
6-29-2014 Intel Guru MarkZ My Iraqi contacts are beyond excited and my European banking contacts say they still have numbers showing. I am awfully excited about this week. [conclusion soon soon?] Based on all the intel yes. IMO. I was told to give no dates but, [on] Iraqi radio you will hear that they plan on an RI early in July with an RV soon after. [do you think that RV will be before the GCR?] same time. [post 1 of 2....stay tuned]
6-29-2014 Newshound Guru Tlar Turki a couple of months ago himself said I would love to do it today (as in now) if the government was "settled". The government will be "settled" maybe as early as next week which is also very close to his other timeline Turki stated he wanted to do this, which is around July 1st. Turki's exact wording was mid-year which implies around the 1st but not necessarily meaning it has to be July 1st... The CBI has been ready since October of last year and has said so in many articles stating that all the necessary tools were in place.
6-29-2014 Intel Guru MarkZ Much is happening and we are quickly heading towards the finish IMO.
6-29-2014 Intel Guru Frank26 As much as I studied July 1st...and it's GREAT POTENTIAL for the CBI to give the Parl/ GOI an International Rate to ACTIVATE so many things...I disagree. UNFORTUNETLY! Why? Because in order for the CBI to give The Parl/GOI such an IR ...We needed to first see a complete qualification of IMF Article 8 by The CBI. BUT, IOO (In Our Opinion), They are using TWO sets of books with TWO separate rates. One rate that breathes at the surface at this moment. The other that continues to hold it's breath submerged until The AoP (Author of the Plan) say...OK now.
Read more: http://www.dinarguru.com/#ixzz36MAnCFVX
7-1-2014 Newshound/Intel Guru Arthur It is incumbent on the SOL right now for their very existence to seriously consider dumping Maliki for Najm who is a Maliki puppet or risk their own extinction which will lead most of them to prosecution. Maliki is now hoping on a major catastrophic breakdown of the NA which will give him the nod for a 3rd term based on his election numbers. I do not think that is gonna happen. IMO the next 48 hours will see a lot of back door meetings within the NA and the SOL which IMO will lead to a new PM. [post 2 of 2]
7-1-2014 Newshound/Intel Guru Arthur I think I’ve figured out what is going on in Iraq. It’s a numbers thing...once they did the numbers today, Najafi figured out they couldn't do this today without a general consensus for one guy that would give them numbers over Maliki. So they went to Grand Ayatollah Sistani and told him to break the stalemate and he publicly broke it by endorsing Mahdi for PM. IMO they will all now come back put up Mahdi up against Maliki and Maliki will lose badly just by the numbers which will kill the SOL as a party. [post 1 of 2....stay tuned]
7-1-2014 Newshound Guru Kaperoni Article: "Liberal: names put forward for the presidency of the parliament is not acceptable" So nothing happened today other than swearing in of the MPs. Like Enorrste and I have said, this will take a while. And Maliki will squat looking for a third term at PM. There will be some good haggling over the next weeks, months to chose a PM and build a coalition big enough to get it done.
7-1-2014 Newshound Guru Millionday ...and they have announced once again -- the smart cards are being loaded with all gov benefits TODAY. LETS DO ONE THING...FOLLOW THE MONEY. VISAS ARE GLOBAL, PERIOD. THEY HAVE TO BE EXCHANGEABLE TO USE VISAS AT THE AIRPORT OR EXCHANGE HOUSES OR TO TRAVEL OR TO USE AT ANY ATMS -- ETC. [post 2 of 2]
7-1-2014 Newshound Guru Millionday ...dont get political and economical confused. i do not agree that they will have to put the trade and the isx and the smart cards and budget and all of CBI independent work on hold. i think that they are moving very fast compared to what we have seen in the past and CBI has moved mountains -- yesterday they declared they are basel III compliant -- that is international compliance -- very good news. [post 1 of 2....stay tuned]
7-1-2014 Newshound/Intel Guru BGG I do think we're on a path to something happening - the problem is us trying to figure the timing.
7-1-2014 Intel Guru Mnt Goat Article quote: “The Chairman of the session, Mahdi al-Hafidh, adjourned the session for one week to reach an accord among the blocs over the candidates who will assume the posts of President, Speaker and Prime Ministers.” So the new parliament adjourned its session for one week to reach agreement on nominating the three Presidencies. However they did manage to swear in the new parliament members...So parliament is officially seated. They need a new speaker to complete parliament. I still firmly believe that we will not see any revaluation of the IQD unless Iraq has a stable and functional government and thus has a political environment that it can advance in and thrive in. [post 2 of 2]
7-1-2014 Intel Guru Mnt Goat The State of Law Coalition is still insisting they are entitled to back Nuri Al-Maliki as their party did obtain the majority votes in the preliminary election results. So today we stand on a new timeline once again. Postponement seems to be the name of the game once again. Should I instead call it “stalling”? Stalling on the part of Maliki and...the State of Law coalition to buy yet more time to find a way to get Maliki in for a 3rd term. He already got them to postpone the 6/24 session to 6/27 then to 7/1 and now for another week. [post 1 of 2....stay tuned]
7-1-2014 Newshound Guru Chattels Article quote: "The Iraqi parliament has held its team on Tuesday in the presence of 255 deputies were sworn in, but these adjourned for the failure of the political blocs to agree on the chair of the Parliament and to the republic for the next week while the agreement provides" some progress it would appear...255 deputies were sworn in... so, we have seven ( 7 ) days of Iraqi news " hell " until the 8th of July. [What happens on the 8th?] Parliament " scheduled " to reconvene.
7-1-2014 Intel Guru Delta Right now Iraq has the support of the whole world...so be glad of your investment.
7-1-2014 Intel Guru Frank26 the 2nd has great potential...and [ I ] believe the governor of the CBI -Turki will surprise the hell out of us very soon. [IMO]- the ISX will not open with 1166 and they are on Holiday the first of July.
7-1-2014 Newshound Guru Millionday Article quote: "confirmed Labour Minister Nassar al-Rubaie coordination with offices banking for the purpose of facilitating the possibility of facilitating the receipt of beneficiaries Salahuddin and Nineveh salaries than any other province, including the Kurdistan region through the use of the smart card." the smart cards are supposed to be loaded and usable today. MORE THAN A MILLION PEOPLE WILL GET THE SMART CARDS AND IF I REMEMBER RIGHT THEY ARE VISAS.
7-1-2014 Newshound Guru Millionday The value of a currency is measured by its value relative to other currencies, which is determined by supply and demand. “Demand” in this sense is actually understood as “velocity”, meaning the amount and number of times a particular country’s currency notes circulate within a set period of time. The faster a currency circulates, the more valuable it is perceived due to verified consumer confidence. The trading relationship between two countries plays a major role in determining the exchange rate between their two currencies. These factors include: inflation, interest rates, current account deficits, public debt, terms of trade and political stability. The exchange rate of the currency in which an investor’s portfolio holds the bulk of its investments is a major determinant of that portfolio’s return. [post 2 of 2]
7-1-2014 Newshound Guru Millionday [The ISX is supposed to go live tomorrow (Tuesday). Do they not need a reality rate?] if the dinar is sold on the market --- it will be priced to its value -- a fair market value. it may not be done tomorrow (Tuesday) but it is very close. [post 1 of 2...stay tuned]
7-1-2014 Newshound Guru Tlar [Do you think, once the gov't is seated & the currency has Revalued, do you think it will be announced through the media...?] . Don't look for balloons or a parade here. It will be kept as quite as possible because our government wants it that way.
6-30-2014 Intel Guru TerryK I THINK WE HAVE A STRONG CHANCE OF SEEING THIS IN THE AM...THEIR GOV IT TO BE SEATED TOMORROW... THE ISX IS TO GO LIVE TOMORROW.
6-30-2014 Intel Guru Jester [do you think M will be voted out tomorrow or will he pull a fast one?] HE DOES NOT HAVE TO BE VOTED OUT... HE IS ALREADY OUT... WHEN YOU HAVE A NEW GOVERNMENT THE QUESTION IS WHO ARE THEY VOTING IN... HIS TIME IS UP...HOWEVER... THEY COULD VOTE HIM BACK IN... NOT SURE HOW THAT WOULD WORK BUT IT IS A POSSIBILITY...[is everything still on track for a possible RV this week?] WELL... DEPENDS ON HOW YOU LOOK AT IT...IF YOU ARE ASKING IF YOU ARE LIKELY TO BE AT THE BANK THE ANSWER IS NO.
6-30-2014 Newshound Guru Tlar Turki said it himself when he stated that he would do it today if the government was settled. He also stated he would like to do it mid year. Tomorrow is the first day of mid-year and tomorrow hopefully the government will be "settled." Like I said above, the RV will follow within days of the announcement of the new government. We are so close to this being over. [post 2 of 2]
6-30-2014 Newshound Guru Tlar Tomorrow should be a big day in the life of this investment. The parliament will meet and be sworn in and then either announce the candidates to the press for government positions or they will go through the motions and actually vote them in one by one. In other words they might either make an announcement to the press of the new government or go through the motions of appearing to build a government in one day. This is the first step in the process. The RV will quickly follow meaning in 3-7 days but more like three. The rate is still at between $3.00 - $4.00. I know some of you don't understand but this is the way it will go. Anything can be delayed because remember this is Iraq... If there is a delay it will only be a few days but at this time nobody is anticipating any delay. [post 1 of 2....stay tuned]
6-30-2014 Intel Guru TNT Tony [via Duke] This was supposed to happen but was held up for between 1st - 4th. As of this morning this was a request to extend it out to the 9th or 10th, which we don't think will happen. That could be out there to cause confusion because Maliki is still trying to stay in the game. Parliament is meeting right now... In the mosques everybody was told the rates on their cards would increase late tonight or by tomorrow morning. We're waiting for a PM, GOI, and increase on their cards by their tomorrow morning, our late tonight. ISX is still supposed to occur on the 1st. We've gotten this info from Washington & 3-letter agencies. I think things are working out the way they're supposed to. I cannot see them extending this to the 9th. I'm expecting you to have a superfantastic Fourth of July weekend.
6-30-2014 Intel Guru DC We expected some announcements and number but they're a little slow in showing. We should see them in the next day or two. Bottom line is we expect it on or before the 4th and have an immense amount of confirmations globally. The CBI is queued up and they have reps from 10 countries physically at the CBI making sure it's done right. This includes reps from the major central banks, BIS, IMF, etc. The QI Cards will increase in value again, as told by 4 different folks again, tomorrow. Security is setup to guard the banks and tomorrow will be a holiday. Ramadan is going on and they're having a day off tomorrow, so it's a wonderful week for an RV. [post 2 of 2]
6-30-2014 Intel Guru DC [via Duke] In Iraq...The top leaders of Sunni, Shia, and Kurds all want to form an inclusive GOI. The 2 lead candidates - Mahdi and Chalabi - both understand they have to be inclusive. Maliki is still around trying to making a play. Could he make a comeback? The chances of him coming out on top are extremely thin. He's burned all his bridges. The ministers and all positions are being setup. Parliament is meeting as we speak and the PM should be selected today or first thing tomorrow morning. [post 1 of 2....stay tuned]
6-30-2014 Intel Guru Bluwolf The international rate has been established and it shall be let out officially and simultaneously with the setting of its GOI. All bluffs sent and acted out by media will seize to exist within the next few days. Iraq will have a seated government a new PM and a RV. Please note, some banksters will try the old shoot into the air a let the stampede commence (start) so you will probably see a 3.71 momentarily (from one to three days)...Look rv at any moment, any second, at any hour now...
6-30-2014 Newshound Guru Enorrste Article: "National Alliance officially announced the biggest bloc, which he called its candidate for prime minister, and confirms the presence of the first session" So we see that the NA has legally claimed the right to have the first opportunity to form the new government. We also see...that they are nominating 3 candidates rather than just one. They are nominating Maliki, Mahdi, and Chalabi. As the new Parliament opens, then, the debate will begin in earnest (after the choosing of the 3 presidents, which may take a few days, although I doubt it). The debate will then be open for all to vote, rather than just the NA. This means that the entire 328 members will be choosing between the 3 nominees. Maliki will have a definite head start with his 100 committed members, unless some have already defected.
6-30-2014 Newshound Guru Tlar Maliki will be gone. Truth should be known on the 1st of July. ...I am right on this. Things are not what they seem. There is a plan in place and we are not supposed to understand or know. Confusion is the master part of this deal. We hear and see the play only what is intended for us and we can only see so much because of all the confusion. Believe me, what you see and hear is not what what is happening.
6-30-2014 Newshound/Intel Guru Randy Koonce Question 4 will the fighting stop the RV...It has nothing to do with RV...the money was only an issue if the US had troops that the militants could use the money to buy weapons against them... So in summary we are looking for the announcement of the GOI by the 1st of July and then the RV should show up within a day... That is the way we are reading the things that are going on...Now can anything get in the way sure.... I do not think so but we you are dealing with politicians then you never know if things can change... Because Maliki will not be involved with what is happening the Rate should go back to the orginal that I have stated but we may need to wait until it happens to know... [post 2 of 2]
6-30-2014 Newshound/Intel Guru Randy Koonce ...we are coming to an end now with the GOI getting formed...Question 1 is Maliki Out...up unitl now he has been fighting to remain part of the GOI but because of the last thing that he did to remain Prime Minister Like tell his generals to leave their post and let the militants over run them... Yes the fighting in Iraq going on right now is because of Maliki so Maliki will not be part of the GOI or even any position...Will he fight up to the last minute Yes Yes Yes...but in the end it will not matter. Question 2 who will be the PM...it will either be Chalibi or Madhi either one for us is fine...we should know for sure in about a day...Question 3 could it take longer for the PM to be seating...Yes...but we do not think so if you listen to all the news the GOI will be formed by the first... [post 1of 2....stay tuned]
6-30-2014 Intel Guru Frank26 [Why does the IR have to be given in order for the ISX to go intl? Can it be that if the program rate of 1116 is still live that there will be penny stocks to buy and lots of them!] Yes...They can trade at 1166. In the IXS. If they make this mistake ...They will temp me to take advantage of them too! 6-29-2014 Intel/Newshound Guru Poppy3 I STILL BELIEVE THERE WILL BE NO FLOAT IT WILL BE A FLAT RATE AS THE CBI HAS SAID MANY TIMES. THE RATE I STILL BELIEVE WILL BE 3 DOLLARS PLUS. I HAVE SEEN ZERO OFFICIAL REPORT FROM ANYONE THAT HAS EVER SAID DIFFERENT FROM THAT. I DO BELIEVE WHEN THAT OFFICE OPENS WE ARE SUBJECT TO SEE THE RATE AT ANY MOMENT AFTER. THE REASON I FEEL THAT WAY IS THAT BEHIND THE SCENES WE HAVE NO IDEA WHAT AGREEMENTS WHERE MADE ALREADY WITH THE IMF, WORLD BANKS PEOPLE. EITHER WAY WITHIN A VERY SHORT PERIOD WE WILL KNOW ALL THE ANSWERS FOR THE FIRST TIME EVER. [post 2 of 2]
6-29-2014 Intel/Newshound Guru Poppy3 EVERYONE I HAVE TALKED WITH AND ALL THE NEWS IN INK FROM USUALLY RELIABLE SOURCES ALL THINK WITHIN THE FIRST TWO WEEKS OF JULY. THEY, LIKE ME, BELIEVE THE ISX WILL OPEN ON THE FIRST BUT WE ALSO FEEL THEY WILL NOT BE TRADABLE FOR A FEW DAYS AFTER AS THEY HAVE TO FULLY QUALIFY INTERNATIONALLY. WE FEEL THEY HAVE TO HAVE THE ISX OFFICE ONLINE GLOBALLY AND TESTED BY THE WORLD BANK AND IMF AND THEN THEY WILL ISSUE A RATE. [post 1 of 2....stay tuned]
6-29-2014 Newshound Guru Aggeidad77 Well it would appear that the General Secretariat of the COM has just freed up the schedule for all members of Parliament...unless your great aunt's second cousin's toad dies there should be no excuse now for being absent from the Tuesday Parliament meeting...meanwhile eyes are focused on Maliki...remember I said to watch the villain...what might he have up his sleeve for Tuesday.
6-29-2014 Intel Guru EXOGEN Where we are today? In the FINAL COUNTDOWN. FINISH LINE AHEAD. HANG IN THERE.
6-29-2014 Intel Guru TD (So what is the significance of July 1st ? ) . Well, I can tell you FOR SURE that it is NOT the END GAME. At best, July 1st represents the( hopeful) union of parliament to START to form a new government. And as of right now so many variables are at play that it's a statistical nightmare trying to predict the outcome. One very certain consensus is that NO ONE wants Maliki and till he goes the pieces won't even start to come together. IF and WHEN a suitable functioning government starts back working on the people's business (AND ONLY THEN) will other issues left on the table be possible to address including IMF compliance, economic reform laws passed, etc.
6-29-2014 Intel Guru Frank26 [The exciting news is that every day now there will be great news. We are in the final stretch.] Yes, IMO. Tuesday will tell You so. What is happening is Good and...Fast.
6-29-2014 Intel/Newshound Guru Poppy3 MANY THINGS IN IRAQ HAPPENING FOR OUR GOOD. GOT A REPORT...THE HELO'S TODAY [SATURDAY] RAN MANY OF THE ISIS GROUP TO THE HILLS AND IN TEKRET THEY HAVE LEFT IT ALL TOGETHER AT LEAST MOST ARE GONE AND OTHERS TRYING TO GET OUT BUT OUR HLO'S DESTROYED MANY OF THEIR TRANSPORTATION... TURKI STATED TODAY THE CBI IS READY TO COMPLETE FINANCIAL REFORM THIS NEXT WEEK. TIME WILL SHOW US VERY SOON NOW. I EXPECT ALL WILL BE IN PLACE NO LATER THAN THE 15TH.
6-29-14 Newshound Guru Tlar [it looks to me like they are already separating into 3 regions within the country of Iraq.] Kurddistan has already stated they want to work within the confines of Iraq which means stay. They got what they want as do the Sunni's the minute a new government exists. This will be a democracy and it is my belief they are better off as part of Iraq than by themselves. I have said it for years that references to leaving Iraq is bluster used when they want to move the process along. With Maliki gone, the big picture for Iraq is good.
6-29-2014 Intel Guru MarkZ [any rumors on the Zim going now?] I was told by a couple of european bankers that it actually made the exchange screens this weekend. IMO it is going. [do you still think that VND will be high?] I do think it will be high. Based on my math a properly adjusted RI would be 2.21 so I believe it should drift up close to that given time even if it comes in low. Only time will tell... [post 2 of 2]
6-29-2014 Intel Guru MarkZ My Iraqi contacts are beyond excited and my European banking contacts say they still have numbers showing. I am awfully excited about this week. [conclusion soon soon?] Based on all the intel yes. IMO. I was told to give no dates but, [on] Iraqi radio you will hear that they plan on an RI early in July with an RV soon after. [do you think that RV will be before the GCR?] same time. [post 1 of 2....stay tuned]
6-29-2014 Newshound Guru Tlar Turki a couple of months ago himself said I would love to do it today (as in now) if the government was "settled". The government will be "settled" maybe as early as next week which is also very close to his other timeline Turki stated he wanted to do this, which is around July 1st. Turki's exact wording was mid-year which implies around the 1st but not necessarily meaning it has to be July 1st... The CBI has been ready since October of last year and has said so in many articles stating that all the necessary tools were in place.
6-29-2014 Intel Guru MarkZ Much is happening and we are quickly heading towards the finish IMO.
6-29-2014 Intel Guru Frank26 As much as I studied July 1st...and it's GREAT POTENTIAL for the CBI to give the Parl/ GOI an International Rate to ACTIVATE so many things...I disagree. UNFORTUNETLY! Why? Because in order for the CBI to give The Parl/GOI such an IR ...We needed to first see a complete qualification of IMF Article 8 by The CBI. BUT, IOO (In Our Opinion), They are using TWO sets of books with TWO separate rates. One rate that breathes at the surface at this moment. The other that continues to hold it's breath submerged until The AoP (Author of the Plan) say...OK now.
Read more: http://www.dinarguru.com/#ixzz36MAnCFVX
6-28-2014 Intel/Newshound Guru Poppy3 WE ARE GOING TO HAVE A RV VERY SOON...I AM EXPECTING GOI SET AND NEW PM IN PLACE AND RV ALL IN LESS THAN TWO WEEKS.
6-28-2014 Newshound Guru Enorrste Therefore, if they refuse to show at Parliament they will appear to be sympathizing with the Daash movement. This could bode well for Maliki's cause, if the people buy into it. Maliki, through this puppet, has put his opposition in the palm of Daash, in theory at least, if not in fact. How this will play out remains to be seen, but I agree ...that this is "crazy" at best, but probably good politics from Maliki's point of view. [post 2 of 2]
6-28-2014 Newshound Guru Enorrste Article: "Kamal al-Saadi: from linking to attend the first session of parliament to form a national salvation government supports Daash" This is a very interesting ploy on the part of the SOL leadership. He is basically saying that those who refuse to go to the new Parliament meeting, in an attempt to slow it down, are in fact being backed by Daash. He then goes so far as to say that those seeking a National Salvation Government are also backed by Daash, the Sunni terrorists. In doing this he is pitting Sunnis against Shiites and is saying that the "real" reason for the insurgency is that the Sunnis are attempting to overtake the government, by force if necessary. [post 1 of 2....stay tuned]
6-28-2014 Newshound Guru Millionday Article quote: "Despite the fall in the price of the Iraqi bonds to 87 cents per dollar - according to a report by Reuters - but that investors and bond holders have made a profit..." if recovery was not expected from the terroristic attacks -- this encouraging info would not be reported on Reuters...CBI is stating that they are like any other central bank and have protection implied...the confidence coming from them is very encouraging -- they feel empowered in their abilities and that comes from the steps they have taken and the position they have.
6-28-2014 Newshound Guru Enorrste If...correct that there is a compromise candidate "in the works" Mahdi may well be that person. The question is whether Maliki has "signed off" on Mahdi or not. One thing is clear: he is certainly well qualified for the job. Unfortunately, I still think Maliki is going to do whatever he can to retain his position. Time will tell. [post 2 of 2]
6-28-2014 Newshound Guru Enorrste Article: "Upper: Sadrists to nominate Abdul-Mahdi of the self-denial and the crowds waiting to see prime minister" Wikipedia quote: "Abdel-Mahdi is a member of the powerful Shi'a party the Supreme Islamic Iraqi Council, or SIIC. Long based in neighboring Iran, the group opposed a United States administration while holding close ties with the other U.S.-backed groups that opposed Saddam Hussein, including the Kurds and the Iraqi National Congress. He is a trained economist who left Iraq in 1969 for exile in France. He worked for French think tanks and edited magazines in French and Arabic. He was educated in France, and is the son of a respected Shiite cleric who was a minister in Iraq's monarchy." [post 1 of 2....stay tuned]
6-28-2014 Intel/Newshound Guru Poppy3 GETTING GOOD NEWS ... ALL FITS WELL WITH THE NEWS. CONTACT IN BAGDAD SAYS THEY HAVEN'T HEARD A SHOT FIRED SINCE THE CONSULTANTS AND ADVISER HAVE ARRIVED IN BAGDAD. ISIS BACKING OFF. HEARD FROM THREE PEEPS CNN REPORTED THAT IRAQ CONSTITUTION SAYS THEY MUST COMPLETE GOI AND PM ALONG WITH COMPLETE FINANCIAL REFORM BEFORE JULY 15.
6-28-2014 Newshound Guru Millionday it appears that a market economy is happening -- hmmm must not be a very successful group of terrorists...let me say this -- there is more money going into Iraq and also the investors are also encouraged...follow the money -- no one puts money they dont have with no return in the future...
6-28-2014 Intel Guru Jester [...supposedly there are to be some changes with their government and wondered if it would be a positive thing in the larger scheme of things for us?] I CAN SAY THAT THE IRAQ GOVERNMENT SHOULD PLAY OUT IF THE WORD I AM HEARING IS CORRECT. I AM NOT AT LIBERTY TO ANSWER ...QUESTIONS...CONCERNING RATE OR DATE. EVERYTHING IS FINE... JUST WAITING.
6-28-2014 Intel Guru DC [via Adept1] I do believe that we are in the RV process now, kicked off and ready to go. [You are still saying RV, or is there a chance it might be an RI first?] We believe that it’s an RV – that has been worked out and it’s fine. We have evidence of that. [Do you believe it will be fixed rate or a float?] A float. [is the GCR waiting on the CBI to pull the trigger?] I believe the RV and the GCR are separate, but you can’t let too much space between them. So in effect, the RI + RV will come through and the GCR will follow shortly thereafter. [do you still feel good about the next three days?] Yes. Everything looks phenomenal...Things have been put in motion, and it is different from the past. 6-27-2014 Intel Guru TNT Tony [via Adept1] We’re a day closer, and nothing but good news. [Do you believe it will be fixed rate or a float?] A float. The rates I’m hearing are great rates, and a lot of you will be overjoyed. [Are we still using VNN and IQN?] Yes. The RV is a foregone conclusion – it’s over and done with, we just want to see when we get started. We know how close we are.
6-27-2014 Intel Guru Frank26 There is no stopping the formation of the GOI for any reason. Not M [Maliki], not Ramadan...nothing is going to stop this process. IMO, the CBI has no excuses not to fulfill what the Governor of the Central Bank of Iraq said last year... ”we will add value to our currency in the middle of 2014.” Sir...if you miss it by a few months you will not hear a peep from me about it. CH 7 was lifted on June 27, 2013. IMO, times up. Or may I say...I LOVE THE TIMING OF EVERYTHING.
6-27-2014 Newshound Guru Tlar The coalition has asked that the media be present on Tuesday the 1st to record the first parliament session. Two of the 4 MP'S that were not ratified on the 15th because the courts had charges against them, are now ratified meaning the courts instead of siding with "the government" pressing phony charges that had been brought against them, have cleared the defendants of any wrong doing and approved the eligibility to meet on the first with the rest of parliament. Everybody but the leadership of the SOL has abandoned Maliki. Maliki is toast and it is my speculation that he will be a no show the day parliament convenes. [post 2 of 2]
6-27-2014 Newshound Guru Tlar Its official as of 2 days ago. The PRESIDENT IN Iraq has called for the first meeting of the new parliament. Calls are continuing to try to get Maliki to resign and interestingly enough they are even coming from his own party, the DAWA. Also today al-Sistani has asked Maliki to resign. That makes the UN, US, EU, the Sunni's, the Kurds, most of the NA which is Shia and all the countries surrounding Iraq including Iran that are asking that he step down. [post 1 of 2....stay tuned]
6-27-2014 Newshound Guru Millionday yes follow the money has been the huge huge thing we have to do but obviously we also needed to look at their capabilities and the help to return and pick up the pieces. there is alot of money involved and yes the market is going forward and...CBI has stated that they will be moving forward and have secured their banks...they will not be stopped with their reforms and monetary policy...and will move forward -- we had a report... that the kurds stock market will be launched in August and will be using Iraqi dinars. we do not have a date or rate set. [alot of people were talking of selling because of Iraq poss splitting up.] if Iraq was splitting up --- the erbil stock market would not be using iraqi dinars. [post 2 of 2]
6-27-2014 Newshound Guru Millionday the situation has grown to be huge with the security issue so it has become something that needed to be watched --- CBI is a separate entity but to think that blowing up the country is not important and someone stopping it would be silly for us to consider – before the terrorism grew to such great proportions we watched only the money but the help to stop the killings and also the overtaking of huge portions of their production and industry that they rely on for the reality calculation is huge because of it and the damage so now it is important that we see that help has arrived. [post 1 of 2....stay tuned]
6-27-2014 Newshound Guru Kaperoni No chance for the dinar to change value next week... The IMF is not in compliance. The CBI is not going to even consider until parliament passes the laws needed to support the economy, the new gov is formed and this terrorism is under control. I just like everyone else am curious for next week to see the results of Maliki's propaganda.
6-27-2014 Newshound Guru Aggiedad77 Article: "The Supreme Federal Court Rules Against Iraqi Minister of Oil's Request to Prevent KRG Oil Exports" I knew this was big big news when I saw it... I am so surprised that the Oil Minister would pull a stunt like this and think he could get away with it. The Kurds have to be pretty pleased with themselves today I would think.
6-27-2014 Newshound Guru Tlar This ride will get very interesting if what is supposed to happen, happens next week. It is all dependent on a new government being in charge with no Maliki.
6-27-2014 Newshound Guru Kaperoni Article: "Coalition calls for al-Sadr and al-Hakim «rule of law» alternative for the owners or the end of the National Alliance" The SOL did not nominate anyone else other than Maliki. The largest coalition which appears to be the National Coalition nominated Abdul-Mahdi and Chalabi. Maliki will begin bombing the Sunnis (ISIL) next week and we will see what happens. I think if they get to parliament, Maliki is done. If they were to form a new GOI and vote for a new PM - and Maliki refused to leave I would then expect there would be "reason" for the global powers to step in and tell Maliki to get out. Just not so sure yet they will get to parliament next week.
6-27-2014 Newshound Guru tlm724 Article quote: "The U.S. State Department that the Kurds will participate in the lineup the new Iraqi government, expressing Washington's refusal to export Iraqi oil without the knowledge of Baghdad. Massoud Barzani administration's support continuous unit Iraq and the need to form the next government, which may begin no later than the first of next July." having them work together is a huge thing...the Kurdish leaders confirmed that they will help to form a new government. So we may actually see a seated GOI and further developments on the HCL, article 140 etc once they are seated and vote in the PM, speaker, Presidents etc. this is good news and this will definitely help in the fight against terrorism, unity in the gov is a show of strength!
6-27-2014 Intel/Newshound Guru Poppy3 WE WILL HAVE A NEW GOI WITHIN A FEW DAYS AND A NEW PM TO HEAD THE NEW GOI. THE ISIS WILL RETREAT SLOWLY OUT OF THE PICTURE AS PEOPLE START GETTING PAID AND THE NEW ECONOMY STARTS TO IMPROVE... THE RV SHOULD HAPPEN WITHIN VERY FEW DAYS POST MALIKI'S REMOVAL AND A NEW PM IS IN OFFICE. TURKI HAS STATED OVER AND OVER THEY ARE PREPARED TO MOVE FORWARD WITH FINANCIAL REFORM.
6-27-2014 Newshound Guru Chattels The recent period has witnessed a number of statements to many MPs about the nomination of a number of personalities to fill the post of Prime Minister, among them (Adel Abdul-Mahdi, Ahmed Chalabi, in addition to Sate of Law's candidate, the current Prime Minister Nuri al-Maliki...my point is that no one knows who the nominee is as yet.
6-27-2014 Intel Guru TerryK Article quote: "Calls for the information department in the House of Representatives and all the media to cover the opening session of the third election day on Tuesday 01/07/2014, so we call on all media wishing to attend the meeting to send the names of their delegates..." WHAT I HAVE BEEN TOLD THIS WILL BE WHERE THE OFFICIAL ANNOUNCEMENT WILL BE MADE.
6-27-2014 Intel/Newshound Guru Poppy3 GOI WILL BE ANNOUNCED BY JULY 1 AND SET BY JULY 4TH ACCORDING TO SOURCES. NO TIMING AS YET ON WHEN TURKI WILL TURN LOOSE THE RATE. I STILL STAND STRONG TO A FLAT RATE OF OVER $3.00 AND AS MUCH AS $ 3.86.
6-27-2014 Newshound Guru tlm724 Article: "Presidency calls on parliament to hold its first session next Tuesday" here it is and how sweet it is "issued a decree calling for the new parliament to hold first session on Tuesday" good news day everyone! its been a long time coming too...the tide is changing for the better, have faith in your investment, all things come to pass and we are finally seeing positive progress and Iraq continues on despite these trying times! 6-26-2014 Newshound Guru Tlar Turki will RV/RI the currency next week north of $3.00. I am in possession of some information that is happening that I can't yet discuss, but if the government changes so goes the currency. Turki is waiting for that moment just as you and I are. I promise I am not grandstanding but I will tell you this. We are within a BB gun shot of this being over as long as the government is "settled.". No contact or second hand info but true fact. If the government is seated and is a new government next week, I will disclose what it is I've got within 5 minutes of the announcement. Everybody will be very happy. Come on Tuesday.
6-26-2014 Intel Guru SteveI As for the news, wow, it is so misleading. I am being told that the news being reported is not what is going on in real time. This new government is on a mission to get this country back on track and this is so encouraging and exciting to watch history unfold. Yes, this is almost over and we can then start the next chapter of our lives before you know it. This will happen very fast and when you least expect it. So until then, be happy that you stayed on this journey... [post 2 of 2]
6-26-2014 Intel Guru SteveI Here is how I see this being played out, Maliki will resign and I have no doubt about it. Too much pressures from the world and other leaders for him to be effective even if he were to stay. The new president of the parliament will be the same as the previous one and all will be announced I think by mid next week if not before (probably before). The new parliament will work hard and fast on the budget and it will get passed without issues. This has pretty much been reported in all the news. [post 1 of 2....stay tuned]
6-26-2014 Newshound Guru Administrator Bob Current Prime Minister Nouri al-Maliki continues to rebuff demands to step down. As committed, parliament sessions will begin July 1st with first order on the agenda to begin forming a new government.
6-26-2014 Intel Guru TNT Tony Things are still going in the right direction, just taking a little longer to begin the celebration.
6-26-2014 Intel Guru MarkZ Do not look for any big rv news until tomorrow afternoon or evening. Things are cooking just fine though.
6-26-2014 Newshound Guru Stryker Quote: "Informed sources revealed today, on Thursday, said a meeting of the National Alliance will be held this evening, in order to reach a final agreement on the choice of the next prime minister and other electoral benefits." It looks official the decree was put forth by the Vice President of Iraq today and the first Parliament Session will by next Tuesday July 1, 2014...
6-26-2014 Newshound Guru Enorrste I would love to see Mahdi take over, if for no other reason than to see Maliki go away. But there is a part of me that says that Maliki won’t go away, no matter what. The next few days will prove to be interesting, to say the least. Since I have covered both possibilities here, it is unlikely that I will be wrong. One or the other will win out. I suspect we will know which within 2 weeks. [post 3 of 3]
6-26-2014 Newshound Guru Enorrste The Kurds are adamantly against Maliki but are desirous of participating in making a new government. I suspect that they will want the Presidency again, as they have had it for 8 years. Therefore, I conclude, surprisingly enough, that Maliki may actually be replaced and that a new government will be created with Mahdi as the Prime Minister and Barzani as President. I realize that this runs totally counter to what I have learned about Maliki. Therefore, I hold this caveat: Maliki may stand firm, even against what is apparently a strong attempt to remove him from within his own National Alliance. If he steps down, we could see some significant changes in Iraq, to our benefit. On the other hand, if he balks, which the media reports indicate is still a possibility, then there could be a stalemate created that could last for months. [post 2 of 3....stay tuned]
6-26-2014 Newshound Guru Enorrste ...none of us can confidently say what is happening, since the media stories conflict with themselves in many cases. However, we may have an inkling of knowing where this is heading. Maliki has promised to attend, stated he would step aside if a candidate who could defeat terrorism is named, and has promised Kerry that a new government would be formed on or before July 1 (he clearly can’t keep this promise). At the same time his National Alliance has clearly indicated that it will not accept Maliki for a third term, and that it wants to nominate Mahdi for the position of Prime Minister. Najafi has stated that he would accept this nomination. The National Alliance was also confident that their “new” nominee would be widely accepted. [post 1of 3....stay tuned]
6-26-2014 Intel/Newshound Guru American Contractor PM Nuri Maliki turned down the emergency government and will be going with the Unity government just like he told Secretary of State John Kerry. The Iraqi Parliament will convene on Tuesday, 1 July. The Iraqi Parliament has 30 days to name a new Iraq President and then the President has 15 days to name a new Prime Minister. This will go into August before this is all said and done.
6-26-2014 Intel Guru TD I asked my friend for clarification of recent comments by Turki and the CBI. He indicates that much seems to be lost in translation and that the Governor was simply trying to assure "existing business interests and nations" of the CBI's continued efforts to keep monetary policy as stable as possible under the political pressures. Much concern raised by these "existing business partners" was ISIS looting more money, funds, etc. Turki was trying to assure people of Iraq's vast wealth "held outside Iraq". [post 2 of 2]
6-26-2014 Intel Guru TD Today i had a intellectual exchange with my friend over in the sandbox and thought i'd share some info: Maliki emphatically states today that he will "follow the democratic process" and form a government. he "claims' his party has majority and will not heed the advice of the Obama doctrine : "be inclusive and play nicely with all the kids". Maliki now seems to think of himself as "the Commander in chief" of all shiite's. The only way Maliki will go is if his own party topples him or he loses support from Iran. [post 1 of 2....stay tuned]
6-25-2014 Newshound Guru Aggiedad77 Article: "Najafip sources: the reference would give its blessing nomination of Adel Abdul Mahdi" Religious sources in Najaf are reportedly saying that Mahdi would be a good thing as a nominee for PM...they seem to infer that he would be acceptable by all political blocs...well that is at least their opinion...I am sure that there will be several names dropped in the hat.
6-26-2014 Newshound Guru Millionday Article quote: "Wahab said Vice President Khodair al, that the presidency will be issued today or tomorrow Decree Republican to hold the first session of the new Council of Representatives." the first session of parliament is thursday or friday -- this week...so the first session is to place by vote the new government and that will be complete this week...that is huge news...the US made an agreement that they were to have the gov formed by july 1st for the US to help.
6-26-2014 Newshound Guru Adam Montana the situation in Iraq isn't one of peace and tranquility just yet, but I get the feeling things are coming to a head and it's not turning out that bad. Quite frankly, I feel that if things were to take a drastic turn for the worst we would be seeing it by now. ISIL is holding on and making waves still, but it's starting to look like they are stretching themselves thin and that's never a good thing for an attacking party.
...get caught up on last nights updates below. Also, If you're not a DinarGuru.com member yet, get signed up in the blue box above...You'll automatically get on the Alert List and I'll send you very important information about your investment....
6-25-2014 Intel Guru DC I do believe we are beyond the point of interference from anyone. Even those trying to block or delay this are not having an impact. It is extremely positive for any time now. The RI could be available to the general public if the banks allow that, but the RV is following so closely behind and it will give us a slightly higher number, so they are waiting for that although the RI is being traded behind the scenes. The RI went through, and now Maliki has pushed it worldwide, so he is willing to wait on the RV until the political side is sorted out. The train has left the station, and I have a strong feeling it will be before the 4th. [post 2 of 2]
6-25-2014 Intel Guru DC [via Adept1] [NBC news says, “Iraq’s new government is ready and new PM has been selected. Maliki is preparing his exit speech.” What do you think about that?] It’s wonderful, but things can change until they are formal. I wouldn’t hold my breath on M retiring until everyone has voted on this. Maliki is extremely bright and we won’t count him out until it’s done. I think it’s 85% likely that Madhi gets it, but we have to see. ...you don’t have to have a PM in order to have an RV. [post 1 of 2....stay tuned]
6-25-2014 Intel Guru TNT Tony [...you don’t have to have a PM in order to have an RV.] It’s not a requirement, but a smart person would want to know who is in charge of this money. Do they shock the world by doing this first and announcing it afterwards? There should be an announcement on June 26th, which is tonight in Iraq. The RI went through, and now Maliki has pushed it worldwide, so he is willing to wait on the RV until the political side is sorted out. We are so close; we are in an active live window at this time. It could be in the next five minutes, any minute, next day or 3-4 days. [post 2 of 2]
6-25-2014 Intel Guru TNT Tony [via Adept1] They are still briefing people right now that is will be done before the 1st...and some think it will happen before the first, which I hope is the case. The banks are ready, they’ve brought in security and exchange people, refreshed information with everyone, and they have re-established their hours, ready for this to go right now. The only thing we haven’t seen is public announcement in Iraq, although they have said it is effective and have announced the RI. What we are waiting for has been processed around the globe, and it’s sitting in the banks waiting for the opportune time. The banks have the rates, they are just not dealing with the public yet because they want to do the RV and the GCR at the same time. [post 1 of 2....stay tuned]
6-25-2014 Newshound Guru Mountainman Another factor in Iraq's favor today is the Kurds... they are now the main group that is in the best position to help stableize Iraq and bring the country back to a position of stability... They are the most powerful group in Iraq today bar none.They are easily able to maintain security in their area... but...they are not going to until they are given legitimate power and positions in the Iraqi govt. We are half way through the year...don't look for the dinar to change this year... possible? In my opinion no. Next year very possible...watch for Iraq to develop a stable govt. then look for a change in the value of the dinar. [post 2 of 2]
6-25-2014 Newshound Guru Mountainman [Long time no see!] I see the current serious conflict going on in Iraq to be to our advantage for a multitude of reasons...the main thing is Malikai is going to be ousted either by his own govt or by ISIS...either way he is on his way out. The US is going to step in and step in hard against ISIS. The main point is the world is not going to tolerate this kind of action...So its obvious Iraq is in for another major change...and I believe after all they have suffered...the Iraqi govt is finally going to become an all inclusive govt sharing power equally between the three main religious parties....and this change could occur within a couple of weeks...As they have literally run out of time. [post 1 of 2....stay tuned]
6-25-2014 Intel Guru TerryK Article quote: "Sources within the National Alliance, on Tuesday, on the nomination of the leader of the Supreme Council, Adel Abdul-Mahdi as prime minister instead Maliki." [Wasn't he one of the former finance positions?] YES HE WAS. [do you think he can bring all three factions together or will the Kurds still feel left out?] YES I DO. THEY ARE TRYING TO GET BACK TO DOING BUSINESS AS THEY DID PRIOR TO THE WAR FROM A $$ STAND POINT. JUST GOT OFF THE PHONE WITH A COUPLE OF SOURCES THEY ARE STILL INSISTING THAT WE ARE IN A GREAT PLACE AND THAT THINGS ARE IN GREAT POSITION.
6-25-2014 Intel Guru Mnt Goat Will they still hold the session or will Maliki find a way to sidetrack it again? Something to be watchful for. He already go them to postpone the 6/24 session to 6/27. I still firmly believe that we will not see any revaluation of the IQD unless Iraq has a stable and functional government...This will bring us the final completion of the project to restructure the currency. This is what the CBI also wants and this is what will get us to the banks to exchange our dinar. [post 2 of 2]
6-25-2014 Intel Guru Mnt Goat ...today we stand on a new timeline once again. This could be all over within the next week. I will not give out a date but I believe we are very close looking at all the current news...this should be a pivotal week....we are in this critical stage and all time is critical now. I still whole heartedly expect Maliki to attempt to find a way to sabotage the process. Until it is over its not over. [post 1of 2....stay tuned]
6-25-2014 Newshound Guru Aggiedad77 Article: "Alkhozai: Presidency of the Republic issued a decree during the next two days to hold the first meeting of Parliament" This same man promised us three days ago that Parliament would meet then in "two days", now here it is Wednesday and he is still saying "two days,"...soon it will be July 1 and hopefully he will have gotten it right...and then the article closes with the July 1 date...
6-25-2014 Newshound Guru Adam Montana So…what do we take away from all that? The recent events in Iraq have definitely put a kibosh on anything "popping" in the next week or two, but the dust will settle and Iraq still has not suffered anything that has or will set them back significantly. In fact, despite the turbulence, the exchange rate has remained strong and that says a LOT about the future potential for them. I remain positive. [post 2 of 2]
6-25-2014 Newshound Guru Adam Montana You would think that with all this madness and chaos and "OMG the sky is falling!" going on over there, the currency would be plummeting back to the 4000:1 rate it was at a decade ago… but that's not the case. In fact, the stability was only in question for less than a week, when the dinar "wobbled". Turki/Central Bank states that despite the current events, the dinar is and will remain stable. Not only that, they have the ability to maintain any rate without a roof. (That says "float" to me!) (Yes, all this in spite of the "doom and gloom" the lame-stream media would have you believe!) [post 1 of 2....stay tuned]
6-25-2014 Intel/Newshound Guru Poppy3 MALIKI HASN'T RESIGNED, HE HASN'T TOLD KERRY HE RESIGNED, THE RV HASN'T HAPPENED BUT THE GOVERNOR OF THE CBI SAYS IT WILL MID YEAR 2014 AND WE ARE AT MID YEAR 2014, HE TOLD THE WORLD THIS AND ALSO ADDED THAT THE POLITICAL AND TERRORIST ACTS WOULD NOT DETAIN HIM . THE ISX PRESIDENT PROMISED TO OPEN THE NEW EXCHANGE, OPEN AND TRADING INTERNATIONALLY ON JULY 1. THESE TWO GUYS HAVE TOLD EVERYONE WHEN AND WHAT WILL HAPPEN AND THEY ARE THE FINAL SAY SO...UNTIL THEY SPEAK PUBLICALLY AGAIN ABOUT THIS SUBJECT THEN WE ARE ALL WAITING TO SEE WHAT THEIR ACTION IS.
6-25-2014 Newshound Guru Stryker Article quote: "Deputy President of the Republic Khodair al, on Wednesday, that the presidency will be issued during the next two days a decree calling for which the new parliament to hold its first session" THE VP OF IRAQ WILL FILE THE DECREE IN THE NEXT TWO DAYS FOR THE FIRST PARLIAMENT SESSION TO BE HELD...One of the most important steps to formation of a new government AS LONG AS the real leaders step up and get Maliki out.
6-25-2014 Intel Guru EXOGEN THIS IS ALMOST OVER!!
6-25-2014 Newshound Guru Millionday [did parliament meet today?] the first of july -- and the oldest member will be the pres of parliament...ALL LEADERS WILL BE VOTED IN AT ONE TIME --- ALL IN ONE VOTE...and remember that the US said they would only come if that was done so that has to be and is by agreement to adhere to the constitution. [do you think there will be a reality rate by July 1st?] i dont have a date for a reality rate but there are a lot of things that are to be done by july 1st -- this week is full of many things to be done...
6-25-2014 Newshoun Guru Tlar Meetings of the NA at Jaafari's house appears to have born fruit. It appears a nominee has been chosen unanimously from the NA. The nominee as it turns out is Mahdi who is a Shia and held the job of Vice President under Maliki. Mahdi was charged with terrorism by Maliki a few years ago when Maliki returned from Washington. Mahdi has no love for Maliki I'm sure. The articles state Mahdi was unanimously voted as an acceptable nominee by the NA which I take also includes the SOL...there exists now 2 different news sources saying the same thing. If true this means that they can now convene parliament and build a non-sectarian government.
6-25-2014 Newshound/Intel Guru BGG [I never have understood why Maliki seems so opposed to a revalue of the currency?] He's an Iranian proxy - has been a "weak Dinar policy" guy from day one. Should he manage (by some miracle) to stay - any RV you might see under him won't be the kind we have imagined...it will start much lower. JMHO. He is ruthless and that is one way to get Iraq off the hook for cheap... most of the 3 zero notes would be off the market within days. [with a new PM would you think we might see a higher exchange rate?] IMHO - yes. 6-24-32014 Newshound Guru wmawhite keep in mind that the Governor of the CBI stated that when the government is decided...NOT when they love each other, NOT when they get along or is stable...because those thing are all relative. Instead, he stated "when decided" we (impling the Board of Directors of the CBI) will move forward with the project. Furthermore,...IMO this tells me it does not matter who is running the show...the CBI just needs a functioning government.
6-24-2014 Intel/Newshound Guru Poppy3 WE WILL SEE NEWS TRAVELING FAST TODAY AND POSSIBILITIES OF THINGS MOVING FORWARD BUT THEY STILL HAVE MUCH TO DO AND A SHORT TIME TO GET THEM DONE. THIS WEEK WILL SHOW US JUST HOW FAST THEY CAN MOVE AND ACTUALLY FORCE ACTIVITY. TURKI & ISX NOW JUST HAVE 5 DAYS FOR MEETING THEIR DEADLINE TO MAKE THEIR MOVES. NOW WE KNOW THEY HAVE BEEN DELAYED SOME BUT THIS GOAL WAS SET BY THEM AND THEY DIDN'T TELL JUST YOU AND I THEY TOLD THE WORLD. QUESTION TO ASK IS WILL THEY MEET THEIR GOAL OR WILL THEY USE THE TERRORIST ATTACKS FOR A EXCUSE AND THEY HAVE ALREADY SAID THE ATTACKS AND POLITICS WILL NOT EFFECT THEIR COMPLETING FINANCIAL REFORM SO THEY HAVE PLACED A MONKEY ON THEIR BACKS ALL ALONE.
6-24-2014 Newshound Guru Tlar Some gurus out their still believe Maliki will get a third term. He will not and this situation can't be dragged on and on. We will quickly see a resolution to this in my opinion. The stakes are too high. Iraq risks civil war and all the players know it. Turki just needs to see a government of the people and know that the attacks against the reserves are over. When these two things occur we are there and he will pull the trigger.. The initial target date is July 1st but if it drags a few extra days, then it is possible that the RV will drag a few extra days. [post 2 of 2]
6-24-2014 Newshound Guru Tlar Everything looks to me like it is coming together probably as it should. There is no secret that Maliki has not resigned but rather is trying to engineer some way to have a puppet regime acting on his influence (orders) and in particular to put up a shield of protection around himself, all while trying to appear the stateman for Iraq. For there to be an RV on the first, somehow they must form a government this week. [post 1 of 2....stay tuned]
6-24-2014 Intel Guru Bluwolf [via Red, White & Blue] Today is a day of decision making with a no turning back, with a twist, for Iraq, Syria, Egypt, Libya, Israel, Arabia, England and the USA. This is a world- renowned mandate that has to be economically resolved immediately. Its importance is of a worldwide nature and the pressure to get it over is a done redundant [sic]. We are in a awesome position right now folks, blessed to be exact.
6-24-2014 Intel/Newshound Guru Poppy3 [What has M (Maliki) done today to disrupt Parliament being seated tomorrow (Tuesday)?] TRYING TO GET THE MEETING MOVED FROM BAGDAD TO ERBIL WHICH WOULD DELAY IT FURTHER BUT WE HAVE NOT HEARD IF IT WILL BE MOVED OR WILL HAPPEN IN BAGDAD AS PLANNED. [Word is Parliament meeting tomorrow is total rumor.] SORRY THE OFFICIAL WORD WAS THE MEETING WAS SCHEDULED FOR THE 24TH. THE RUMOR IS THAT IT WILL NOT HAPPEN THEN BECAUSE IT MAY BE MOVED TO ERBIL. TIME WILL TELL WITHIN 24 HOURS. REMEMBER THEY ARE NOW UNDER WORLD OBSERVATION TO GET THINGS DONE ASAP MORE THAN EVER IN HISTORY SINCE THE WAR WAS CONCLUDED. MAKING CITIZENS WAIT IS ONE THING BUT MAKING THE WORLD WAIT IS SOMETHING ALL TOGETHER DIFFERENT. TIME WILL TELL.
6-24-2014 Newshound Guru Kaperoni Article: "Massive withdrawals of depositors .. and fears collapse of the dinar amid the absence of a central!" There is a lot of blame to go around as to why Iraq is not in a market economy after 10-12 years of preparations. The bottom line is that until they do what is needed...stability, security, laws, etc..the CBI will continue to just do auctions and manage the dinar via a peg. There is no way to predict if Iraq can figure this out this year or if it will take several more. All we can do is wait and watch.
6-24-2014 Newshound Guru Chattels this political process is complicated and convoluted even if it proceeds constitutionally or " by the book ", add the notion of a " National Salvation Government " and whatever the USA and Iran have in mind and well, who knows! ...even according to the constitution...a 15 day extension is very possible and legal. none of the news articles are talking about a possible extension but it is there in the article of the constitution in black and white.
6-24-2014 Intel Guru Jester [will we see Maliki go soon?] IS POSSIBLE... THAT IS WHAT THEY WILL LIKE TO HAPPEN... THAT IS WHAT ALL THE MESS OVER THERE IS ABOUT RIGHT NOW... WE WILL HAVE TO WAIT AND SEE.
6-24-2014 Intel Guru Mnt Goat He has had 4 years already to work out a compromise and negotiate on this issue so why all of a sudden now on the eve of the first session of parliament does he propose such a deal? Article 140...will linger as long as it is used as a political bargaining ship...once Maliki is gone this article 140 issue will be clarified very quickly once and for all... So why accept any deal now? It will be one of the items in the “basket” of laws that will be published and moved forward very quickly along with the long awaited revaluation process. Good try Maliki! [post 2 of 2]
6-24-2014 Intel Guru Mnt Goat I...heard that Maliki had made a deal to implement Article 140 and that the Kurds agreed to it. This is great news however it is only a proposal put forth by Maliki. It means nothing unless the new session of parliament is held and they vote on it and accept it. I also want everyone to remember that the constitution of Iraq already provides for these disputed oil rich regions to go to the Kurdistan region. So why the necessity for any “deal” in the first place? [post 1 of 2....stay tuned]
6-24-2014 Newshound Guru Aggiedad77 Article: "Banks speed up shift to forex automation" And just why would big banks like Barclays and UBS be pushing for forex automation within Iraq...could it have anything at all to do with an upcoming major curtain call with the MR [Monetary Reform]?
6-24-2014 Newshound/Intel Guru BGG [I never have understood why Maliki seems so opposed to a revalue of the currency?] He's an Iranian proxy - has been a "weak Dinar policy" guy from day one. Should he manage (by some miracle) to stay - any RV you might see under him won't be the kind we have imagined...it will start much lower. JMHO. He is ruthless and that is one way to get Iraq off the hook for cheap... most of the 3 zero notes would be off the market within days. [with a new PM would you think we might see a higher exchange rate?] IMHO - yes.
6-24-2014 Newshound Guru Chattels Maliki is the current manifestation of what is fundamentally wrong in Iraq. Constitutionality, the rule of law, due process and fundamental fairness is necessary for all and not just the Kurds. The Kurds understand that which is why they couch every action on terms of the constitution.
6-24-2014 Newshound Guru Enorrste If Maliki is ousted next week...I will be the first one to eat crow. There is no way Maliki is leaving next week, or the week after, or the week after that. Time will tell. I have my seasonings ready if I have to eat crow, but I'd wager I won't have to. If/when parliament meets, Maliki will assert his right under the Constitution to form a new government. Then 30 days later, he will appeal to the same process he employed 4 years ago and got approval for from the Supreme Court. In other words, nothing will happen for at least another 45 days. 6-23-2014 Intel Guru TerryK SO WHERE ARE WE WITH THE SITTING OF THE GOV. HEARD IT WAS TO BE DONE THIS AM. ALSO HEARD THAT MALIKI MAYBE THE PM AS ARRANGED WITH USA AND IRAN BUT THEN HEARING THAT HE IS NOT. A LOT OF SMOKE IN THE DINAR WORLD. I AM THINKING THAT THIS IS OUR WEEK. SOURCE THIS AM IS REALLY EXCITED AGAIN BUT THEN SHE HAS BEEN EXCITED THE PAST TWO WEEKS. MY SOURCE TOLD ME THAT THIS AM IS THAT THEY WANT THIS DONE BY 7/1.
6-23-2014 Intel/Newshound Guru Poppy3 TODAY IS THE 23rd OF JUNE SO WE ARE NOW DOWN TO JUST 6 -7 DAYS BEFORE TURKI AND THE PRESIDENT OF THE NEW ISX ARE TO OPEN IRAQ UP TO WORLD TRADE. THEY TOLD THE WORLD WHAT THEY WOULD DO AND WHEN IT WAS GOING TO BE COMPLETE SO OUR DAYS THIS WEEK SHOULD BE VERY REVEALING OF ACTIONS TAKEN. I FEEL VERY SURE THEY WILL TRY AND KEEP ALL POSITIVE ACTIONS AND COMPLETIONS VERY QUIET AS POSSIBLE AND THAT OUR NEWS MEDIA WILL KEEP UP THEIR HIDDEN AGENDA OF PREACHING DESTRUCTION ON THE ENTIRE COUNTRY. THERE WILL BE MUCH NEGATIVE INFORMATION AS THIS PROGRESSES... JUST WATCH THEIR ACTIONS . IF YOU LISTEN TO THEM YOU WILL DEFINITELY BE DECEIVED.
6-23-2014 Intel Guru Frank26 Article quotes: "...at ten o'clock this evening will deliver a present to you Mr. Nuri al-Maliki and historically important speech to the Iraqi people great..." "...it is today because of political pressures and to maintain the unity of Iraq announced the resignation of this government, led by Ana Nouri al-Maliki..." Report just came in: 100%... Unequivocally...Totally...FALSE!
6-23-2014 Intel Guru TNT Tony & DC Back in November-December, we knew the US didn’t want this until the July 1st, we just didn’t think they would ever get it to that point. They have done everything they can to string it along. Why does the US want this to come out on the 1. July? There are anti-money laundering and banking regulations coming in, with tax implications and reporting, and those are coming in on 1. July. The rates have gone up, and the amount the US gets has gone up by hundreds of millions if they do it on the first. There is a strong chance that the rates may even go up again on July 1 as it goes from RI to RV; it looks very good for that right now. The RI has been released to the banks, and the clock is now ticking for that release. Our understanding is that you May get the option to get the RI rate before the 1st, but there will be restrictions and you cannot get the RV rate after that...Everything is looking good, so stay positive. [post 2 of 2]
6-23-2014 Intel Guru TNT Tony & DC [via Adept1] Thursday we had notification that the RI+RV was going to go through. We were waiting for Maliki’s public announcement. On Friday, the RI was completed. It finally went through. We were encouraged to give you this information. The RI, which had they had signed off on April 26th was finally processed on Friday around the world. Everyone accepted it including the US, they accepted that rate, so the RI is sitting there and waiting to be brought to the public. It was sitting there on Saturday, and on Sunday, then we got word we would see it on Monday or Tuesday. Maliki is supposed to make an announcement today, and we’ll expect that every day until he makes it. [post 1 of 2....stay tuned]
6-23-2014 Newshound Guru Kaperoni I will add, Maliki's poor management of the country is a clear example of how he has weakened the banking and monetary policy. The CBI has been in essence "treading water" waiting for the rest of the country to get together so they could take the next step and do what I said above. But Maliki has failed miserably in uniting the country and reducing violence. The end result was the last four years were wasted and we are almost back to 2007-2008 conditions. What needs to happen now is Maliki needs to go, a unified government needs to be installed and the country needs to stabilize, strengthen and remove the terrorism..and in short order. The CBI is waiting. [post 2 of 2]
6-23-2014 Newshound Guru Kaperoni Article: "Massive withdrawals of depositors .. and fears collapse of the dinar amid the absence of a central!" it is clear that the problem is a lack of confidence from the citizens. But the CBI is not helping matters as they say. Despite Turki's statement the other day (plenty of reserves), he is not providing enough foreign currency to curb this problem..and the result is even less confidence. If the dinar continues to drop in coming days (auctions) its only going to take them even further out of compliance with the IMF and delay any chance of monetary reform this year. Until they get the country under control politically and reduce the violence that is not going to happen. [post 1 of 2....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 [I was wondering what your thoughts are about the ISX/OMX that is expected to launch on July 1st.? Do you think it will launch as planned (June 28, 2013 OMX Platform stated "The upgrade is expected to be rolled out by mid-year 2014")? And do you agree that we need an international currency in order to do that?] THEY STILL HAVE SAID ZIP DIFFERENT FROM WHEN THEY SAID, YES IT WILL OPEN ON JULY 1 AND BOTH THE PRESIDENT OF THE ISX AND THE CBI HAVE SAID SEVERAL TIMES THAT YES THEY WILL OPEN AND WILL HAVE A INTERNATIONALLY RECOGNIZED CURRENCY. IF THAT HAS CHANGED THEY HAVE NOT MENTIONED IT ANYWHERE THAT I HAVE SEEN. THEY HAVE ALSO SAID THAT THE MILITARY ISSUES WILL HAVE ZERO EFFECT ON THEIR PLANS FOR FINANCIAL REFORM.
6-23-2014 Newshound/Intel Guru BGG [with the seating of parliament on Tuesday does that look like a good day for maliki to leave one way or the other?] Maliki is fought the seating of Parliament tooth and nail...once they are seated - it is a very short walk to the end for him. Once Maliki is gone - things will get much easier. [With the conflict on going and M being "forced" out is ISX, July 1 upgrade on track? And if so, Do you think it forces CBI to RV prior to July 1?] My comment will be - the financial side of things sure feels like it is on it's own timeline entirely... particularly in light of Turki's recent comments about the potential value of the Dinar. [Can our liquidity event happen with M in place?] not impossible - however, at this point - I would at least think the IMF/WB would want to be certain he is a non-factor.
6-23-2014 Newshound Guru Aggiedad77 Article: "U.S. official: Kerry will discuss the potential for tripping over Iraq's oil supplies" Oh this should give everyone in Iraq a warm fuzzy feeling...Sec of State Kerry is allegedly going to show up in Iraq...now of all times...now after so much damage has been done...let's pay a little attention to a country we once tried to save from the very menace they face today...a menace that someone uttered "were on the run" not so long ago...I'm sure that there will be a warm welcome for him...it is kind of funny...this talk of oil disruption is not even remotely close to being a reality...nothing in the way of exports to the north or the south have been threatened.
6-23-2014 Intel Guru Mnt Goat ...the violence now going on in Iraq threatens to destabilize the entire country and to stretch beyond the Iraqi border. This violence is intentional by the Maliki government and will not end as long as Maliki remains prime minister during this time of provisional government. Yes - this violence is a bit exaggerated on the USA news channels but I assure you it is real and will have lasting effects if not stopped. The only real hope for the Iraq is for the “good guys” to aggressively push forward and get the new government seated as quickly as possible.
6-23-2014 Newshound Guru Tlar Maliki will only leave the way all dictators leave. In a box or under arrest. This guy is getting nuttier by the day. ...Hakim has already stopped him from arresting Chalabi for terrorism charges. So you will most likely see confusion to as not present or focus on any particular guy until he is nominated on Tuesday. Until then I don't think any position will officially be announced publicly but it is interesting that Chalabi is meeting with everyone but not on the list. ...the results were ratified last Monday by the federal courts 354 out of 358 mps.
6-23-2014 Newshound/Intel Guru BGG I will leave everyone with some thoughts... though there is turmoil...considerable uncertainty...I am optimistic about Iraq's chances now. Maliki has captured the world's attention...and not in a good way...which in the short term - should be good for us (and them). The truth is coming out everyday and this is good. [post 2 of 2]
6-23-2014 Newshound/Intel Guru BGG FOX ran a report phrased like 'John Kerry headed to the Middle East to urge Maliki to "guarantee his gov't will be more inclusive" in the future'... My take on the Kerry "narrative" was to at least look on the surface as though the US wasn't there to "directly effect" (as per the POTUS) the choosing of the Iraqi leadership...to "urge" Maliki to be "inclusive"...however, I am POSITIVE we are there to "help with the choice" and it won't be Maliki. I doubt he lasts much longer...this "gambit" of his with ISIS and allowing them entry hurt both the Iraqi ARMY and his own chances. I believe it greatly hastened his coming demise. [post 1 of 2....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 THEN WE HAVE HAD MANY OTHERS TO SAY THE SAME TIME TABLE FOR OTHER ACTIVITY TO TAKE PLACE AND THAT INCLUDES THE MINISTER OF FINANCE COMMITTEE AND THE NEW ISX PRESIDENT THAT STATES THEY WILL OPEN THE NEW ISX AND WILL BE TRADING INTERNATIONALLY ON JULY 1. I THINK WE ARE IN AN AWESOME WEEK COMING UP THAT EVEN IF IT DOESN'T BRING FORTH THE RV IT WILL REVEAL EVEN MORE...ACCURATE TIMING OF WHEN WE WILL SEE MALIKI GONE, GOI SET, AND ALL REQUIRED FOR OUR RV AND MAY EVEN SEE AND HEAR THE RATE. [post 3 of 3]
6-23-2014 Intel/Newshound Guru Poppy3 NOW...I AM BEING ASKED HOW MUCH LONGER AND I CAN ONLY SAY THE FOLLOWING...FIRST THE GOVERNOR OF THE CBI, MR. TURKI, HAS STATED BEGINNING LAST YEAR THAT MID 2014 WE WILL HAVE A NEW VALUED CURRENCY AND COMPLETE FINANCIAL REFORM! THEN HE HAS STATED THE SAME THING AT LEAST 3 TIMES SINCE THEN BEGINNING IN JAN 2014 WHERE HE ACTUALLY SAID JUNE FOR A TRADEABLE CURRENCY. HE HAS ALSO STATED NOMINAL VALUED CURRENCY. I CAN'T GIVE YOU ANYTHING THAT SOUNDS BETTER THAN WHAT THE MAN THAT IS CHARGED WITH MAKING THE CHANGE HAS SAID AND HE HAS NEVER...SAID ANYTHING ANY DIFFERENT THAN THIS. [post 2 of 3....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 SEVERAL THINGS THAT NEED TO HAPPEN BUT MOST ALL OF THESE ARE ALL CONNECTED AND WILL HAPPEN ALMOST SIMULTANEOUSLY. FIRST THE NEW GOI SET AND SHOULD HAPPEN EARLY THIS WEEK. DOESN'T HAVE TO BE SET FOR THE RV BUT WE THINK THE CBI AND WORLD BANK HAVE COME THIS FAR THEY WILL MAKE THAT A PRIORITY. NEXT ARTICLE 140 AND THE HCL HAVE BEEN READY FOR IMPLEMENTATION FOR MONTHS NOW. I TRULY EXPECT TO SEE THE VALUE CHANGE ONE DAY AND THESE TWO LAWS TO BE IMPLEMENTED WITHIN A COUPLE DAYS POST RV. NEXT THE RV IS ANNOUNCED THEN WE NEED TO HEAR THAT THE DINAR IS A RECOGNIZED TRADEABLE CURRENCY AND THAT WILL BE SET TO GO PRIOR TO THE ANNOUNCEMENT. [post 1 of 3....stay tuned]
6-23-2014 Newshound Guru Aggiedad77 Article: "Specialists: the presidency will call the new parliament to work during the next two days" Will we see Parliament getting together for a session in the next two days? So says the voice of the President...through his Vice President Khodair...originally the initial meeting was to be held June 30, but in staying with legal precedent the meeting will now be convened much sooner...we shall see what happens.
6-22-2014 Intel Guru SteveI All looks very good ahead. Here some some things to watch for: The naming of the President of the new parliament. Immediately after that, the official naming of the new Prime Minister (FYI, it will not be Maliki under any condition). The passing of the budget. The closing of the borders (this may or may not happen as this all will go down very fast). Many are sill predicting Maliki will remain in power, but I will stick to my post from last Tuesday. Each and every day gets more exciting. This very well could be a great upcoming holiday. [reference SteveI post 6-20-2014]
6-22-2014 Newshound Guru Enorrste It has always been my view that Maliki is shrewd, not dumb. He does things because he himself benefits in some way...his placement of Turki in the CBI slot was for a reason that has benefited him. We have never heard him say that the plan was not going to happen (raising the value of the dinar). Never. But we have heard Turki endorse the plan generally. So, on god's green earth I see that Maliki will slowly evolve, to his own benefit, and allow Turki to move to Article VIII and the dinar to float. [post 2 of 2]
6-22-2014 Newshound Guru Enorrste ...it has been my view that Maliki was holding off on allowing the float for political reasons. A weak dinar policy meant that his opponents would not reap the benefit of a rising dinar, assuming they were holders. My statement Maliki will allow the float is consistent with his own statements and those of Turki. Turki said just a few days ago that the dinar would enter the world stage late this year or early next year. He would not say that without Maliki's approval. Maliki also has stated that he wants the country to prosper and enter the world market. The fact that he has not done much thus far to make that happen doesn't mean that it won't happen. He actually has a great incentive to allow the float, once he is re-established with a third term. He will become the ultimate hero. [post 1 of 2....stay tuned]
6-22-2014 Intel Guru Frank26 I am seeing three articles my TEAMS have already talked to me about. I have to admit ....We did NOT expect to see them today. The speed of many directions in Baghdad is being amplified. IMO...It is impressing the proper entities of MR Powers. What we are seeing today is not an optical illusions of chronic lies from Iraq. Today is impressive.
6-22-2014 Newshound/Intel Guru BGG [Can 140 be implemented without an RV?] More than likely - yes. [do you believe...will we have rv by July1?] I cannot (in good conscience) say no...we cannot discount anything, at this point...but I cannot (in good conscience) say "proof positive" YES either...my instinct is that July 1 might be a tiny bit early based on the current scenario...but if I am right and Maliki is gone soon - anything can happen.
6-22-2014 Newshound Guru Aggiedad77 Article: "PM Barzani: Maliki should step down" Barzani is talking sense, something that Maliki doesn't seem to want to listen to...step down now...allow the country to pull itself back together...there has been 8 years of continuous turmoil and with no end in sight...enough is enough...Barzani talks of a political solution, not a military one...but agrees with the US troop involvement as a "good step"...Maliki needs to pay attention to the music...are they playing a dirge...for an exit?
6-22-2014 Newshound Guru Tlar Somebody asked question...if I still think July 1st date is good. Quite simply, yes. What is important to watch for is steps: Step one. New government is formed next week. Step two. World governments immediately recognize new government in Iraq as legitimate government. Step three. Maliki leaves country or is arrested or is assassinated. Sunnis will join forces with kurds and Shia to expel ISIS. Step four: Turki will pull trigger the minute there is a new government and Maliki has been dealt with. These are the steps. Us will offer new government all military support the minute they announce a new PM which means new government. These steps must happen by next week for Turki to have the confidence to play his part. He is just waiting as we are.
6-22-2014 Newshound Guru Chattels [Is Maliki up to his final nail yet? Or is he still hanging in there?] NO RESIGNATION BY MALIKI OR NEW GOVERNMENT AS YET.
6-22-2014 Intel Guru Jester [Jester some gurus have said it will be a float-come out low and go up, others say there will be a sucker rate first and then it will go up and others say get cashed out fast because it will go down or lop.] I DO NOT THINK THEY WILL FLOAT... WHEN THIS MESS IN IRAQ IS FIXED... WELL... IT IS A SHOW BUT ONCE IT CONCLUDES LET'S SAY... THEN THE IRAQI'S SHOULD HAVE A NEW GOVERNMENT AND THE WORLD WILL DROP IN AND OFFER THE NEW GUYS ALL THE HELP THEY WILL LIKE... AND THEN I THINK THINGS WILL MOVE RIGHT ALONG.
6-22-2014 Intel/Newshound Guru Poppy3 I THINK IT WILL HAPPEN WITHIN THE NEXT 8 DAYS ACCORDING TO WHAT TURKI AND SEVERAL OTHERS HAVE SAID NOT PUBLIC USA SOURCES BUT THEY BELIEVE IT ALSO.
6-22-2014 Newshound/Intel Guru BGG Iranian source: "Maliki agrees to the immediate application of Article 140 which included all areas of the Kurdish region." "the Iranians have handed over a letter signed by Nuri Maliki Prime Minister to the Presidency of the Kurdistan Region of Iraq similar to the terms of agreement..." "in detail included the message,according to the same source approval Maliki and all parties that fall under the coalition political immediate application of Article 140of the constitution and the annexation of Kirkuk and other disputed territories, without exception, to the Kurdistan Region" Ultimately - this boils down to Iran having handed this letter over to the Kurds. Maliki will try to weasel out later. Iran wants more Kurdish military involvement - some Kurdish parties are not good with this. In exchange for help with ISIS the Kurds get what they have been promised all along. Good luck Maliki.
6-22-14 Intel Guru EXOGEN DIRECT INTEL Maliki gone bye bye...confirmed! Yes! Confirmed Awesome! Turki CBI not Maliki...now the US can do their job...praying hard! Yes! RED suit coming. Leaving presents.
6-22-2014 Intel Guru Frank26 [via FlPatriot59] This is what we believe happened. ..yesterday Turki came out and said what he said about raising the value of the currency. The timing of him coming out and saying this is very interesting. That meeting was with Gulf countries listening to Turki about monetary policy. He said the 70B on reserve they have has been tripled and could triple again. They're sitting on mountains of gold and abundant oil. And he said there's no ceiling. The only thing left is the HCL (HydroCarbon Law) and that will done on July 1. A deal has been made for Article 140. It was brokered by Iran. The fact that it's done is almost miraculous.
6-22-2014 Newshound Guru Chattels [regardless of what did or didn't happen in 2010, from what i understand the constitution doesn't mandate every member of parliament attend the first session of parliament. Only requirement is that there is an absolute majority, which would be 165 of the 328 members.] you may be correct. [could certainly drag things out.] that is my concern in that the Iraqi constitution may be unclear on this procedural issue and, well, we have all seen how the matters are protracted over time...we have no control over anything in all of this except our own expectations.
6-22-2014 Intel Guru Delta [via FlPatriot59] Turki is the Gov of the CBI. But the Board of Directors of the CBI determines the rates. "Any change in the rate will be supported with no ceiling." He (Turki) can choose any number. This is going to be a very important week coming up. We expect a very important announcement from the CBI soon.
Read more: http://www.dinarguru.com/#ixzz362MJXLCV
6-28-2014 Newshound Guru Enorrste Therefore, if they refuse to show at Parliament they will appear to be sympathizing with the Daash movement. This could bode well for Maliki's cause, if the people buy into it. Maliki, through this puppet, has put his opposition in the palm of Daash, in theory at least, if not in fact. How this will play out remains to be seen, but I agree ...that this is "crazy" at best, but probably good politics from Maliki's point of view. [post 2 of 2]
6-28-2014 Newshound Guru Enorrste Article: "Kamal al-Saadi: from linking to attend the first session of parliament to form a national salvation government supports Daash" This is a very interesting ploy on the part of the SOL leadership. He is basically saying that those who refuse to go to the new Parliament meeting, in an attempt to slow it down, are in fact being backed by Daash. He then goes so far as to say that those seeking a National Salvation Government are also backed by Daash, the Sunni terrorists. In doing this he is pitting Sunnis against Shiites and is saying that the "real" reason for the insurgency is that the Sunnis are attempting to overtake the government, by force if necessary. [post 1 of 2....stay tuned]
6-28-2014 Newshound Guru Millionday Article quote: "Despite the fall in the price of the Iraqi bonds to 87 cents per dollar - according to a report by Reuters - but that investors and bond holders have made a profit..." if recovery was not expected from the terroristic attacks -- this encouraging info would not be reported on Reuters...CBI is stating that they are like any other central bank and have protection implied...the confidence coming from them is very encouraging -- they feel empowered in their abilities and that comes from the steps they have taken and the position they have.
6-28-2014 Newshound Guru Enorrste If...correct that there is a compromise candidate "in the works" Mahdi may well be that person. The question is whether Maliki has "signed off" on Mahdi or not. One thing is clear: he is certainly well qualified for the job. Unfortunately, I still think Maliki is going to do whatever he can to retain his position. Time will tell. [post 2 of 2]
6-28-2014 Newshound Guru Enorrste Article: "Upper: Sadrists to nominate Abdul-Mahdi of the self-denial and the crowds waiting to see prime minister" Wikipedia quote: "Abdel-Mahdi is a member of the powerful Shi'a party the Supreme Islamic Iraqi Council, or SIIC. Long based in neighboring Iran, the group opposed a United States administration while holding close ties with the other U.S.-backed groups that opposed Saddam Hussein, including the Kurds and the Iraqi National Congress. He is a trained economist who left Iraq in 1969 for exile in France. He worked for French think tanks and edited magazines in French and Arabic. He was educated in France, and is the son of a respected Shiite cleric who was a minister in Iraq's monarchy." [post 1 of 2....stay tuned]
6-28-2014 Intel/Newshound Guru Poppy3 GETTING GOOD NEWS ... ALL FITS WELL WITH THE NEWS. CONTACT IN BAGDAD SAYS THEY HAVEN'T HEARD A SHOT FIRED SINCE THE CONSULTANTS AND ADVISER HAVE ARRIVED IN BAGDAD. ISIS BACKING OFF. HEARD FROM THREE PEEPS CNN REPORTED THAT IRAQ CONSTITUTION SAYS THEY MUST COMPLETE GOI AND PM ALONG WITH COMPLETE FINANCIAL REFORM BEFORE JULY 15.
6-28-2014 Newshound Guru Millionday it appears that a market economy is happening -- hmmm must not be a very successful group of terrorists...let me say this -- there is more money going into Iraq and also the investors are also encouraged...follow the money -- no one puts money they dont have with no return in the future...
6-28-2014 Intel Guru Jester [...supposedly there are to be some changes with their government and wondered if it would be a positive thing in the larger scheme of things for us?] I CAN SAY THAT THE IRAQ GOVERNMENT SHOULD PLAY OUT IF THE WORD I AM HEARING IS CORRECT. I AM NOT AT LIBERTY TO ANSWER ...QUESTIONS...CONCERNING RATE OR DATE. EVERYTHING IS FINE... JUST WAITING.
6-28-2014 Intel Guru DC [via Adept1] I do believe that we are in the RV process now, kicked off and ready to go. [You are still saying RV, or is there a chance it might be an RI first?] We believe that it’s an RV – that has been worked out and it’s fine. We have evidence of that. [Do you believe it will be fixed rate or a float?] A float. [is the GCR waiting on the CBI to pull the trigger?] I believe the RV and the GCR are separate, but you can’t let too much space between them. So in effect, the RI + RV will come through and the GCR will follow shortly thereafter. [do you still feel good about the next three days?] Yes. Everything looks phenomenal...Things have been put in motion, and it is different from the past. 6-27-2014 Intel Guru TNT Tony [via Adept1] We’re a day closer, and nothing but good news. [Do you believe it will be fixed rate or a float?] A float. The rates I’m hearing are great rates, and a lot of you will be overjoyed. [Are we still using VNN and IQN?] Yes. The RV is a foregone conclusion – it’s over and done with, we just want to see when we get started. We know how close we are.
6-27-2014 Intel Guru Frank26 There is no stopping the formation of the GOI for any reason. Not M [Maliki], not Ramadan...nothing is going to stop this process. IMO, the CBI has no excuses not to fulfill what the Governor of the Central Bank of Iraq said last year... ”we will add value to our currency in the middle of 2014.” Sir...if you miss it by a few months you will not hear a peep from me about it. CH 7 was lifted on June 27, 2013. IMO, times up. Or may I say...I LOVE THE TIMING OF EVERYTHING.
6-27-2014 Newshound Guru Tlar The coalition has asked that the media be present on Tuesday the 1st to record the first parliament session. Two of the 4 MP'S that were not ratified on the 15th because the courts had charges against them, are now ratified meaning the courts instead of siding with "the government" pressing phony charges that had been brought against them, have cleared the defendants of any wrong doing and approved the eligibility to meet on the first with the rest of parliament. Everybody but the leadership of the SOL has abandoned Maliki. Maliki is toast and it is my speculation that he will be a no show the day parliament convenes. [post 2 of 2]
6-27-2014 Newshound Guru Tlar Its official as of 2 days ago. The PRESIDENT IN Iraq has called for the first meeting of the new parliament. Calls are continuing to try to get Maliki to resign and interestingly enough they are even coming from his own party, the DAWA. Also today al-Sistani has asked Maliki to resign. That makes the UN, US, EU, the Sunni's, the Kurds, most of the NA which is Shia and all the countries surrounding Iraq including Iran that are asking that he step down. [post 1 of 2....stay tuned]
6-27-2014 Newshound Guru Millionday yes follow the money has been the huge huge thing we have to do but obviously we also needed to look at their capabilities and the help to return and pick up the pieces. there is alot of money involved and yes the market is going forward and...CBI has stated that they will be moving forward and have secured their banks...they will not be stopped with their reforms and monetary policy...and will move forward -- we had a report... that the kurds stock market will be launched in August and will be using Iraqi dinars. we do not have a date or rate set. [alot of people were talking of selling because of Iraq poss splitting up.] if Iraq was splitting up --- the erbil stock market would not be using iraqi dinars. [post 2 of 2]
6-27-2014 Newshound Guru Millionday the situation has grown to be huge with the security issue so it has become something that needed to be watched --- CBI is a separate entity but to think that blowing up the country is not important and someone stopping it would be silly for us to consider – before the terrorism grew to such great proportions we watched only the money but the help to stop the killings and also the overtaking of huge portions of their production and industry that they rely on for the reality calculation is huge because of it and the damage so now it is important that we see that help has arrived. [post 1 of 2....stay tuned]
6-27-2014 Newshound Guru Kaperoni No chance for the dinar to change value next week... The IMF is not in compliance. The CBI is not going to even consider until parliament passes the laws needed to support the economy, the new gov is formed and this terrorism is under control. I just like everyone else am curious for next week to see the results of Maliki's propaganda.
6-27-2014 Newshound Guru Aggiedad77 Article: "The Supreme Federal Court Rules Against Iraqi Minister of Oil's Request to Prevent KRG Oil Exports" I knew this was big big news when I saw it... I am so surprised that the Oil Minister would pull a stunt like this and think he could get away with it. The Kurds have to be pretty pleased with themselves today I would think.
6-27-2014 Newshound Guru Tlar This ride will get very interesting if what is supposed to happen, happens next week. It is all dependent on a new government being in charge with no Maliki.
6-27-2014 Newshound Guru Kaperoni Article: "Coalition calls for al-Sadr and al-Hakim «rule of law» alternative for the owners or the end of the National Alliance" The SOL did not nominate anyone else other than Maliki. The largest coalition which appears to be the National Coalition nominated Abdul-Mahdi and Chalabi. Maliki will begin bombing the Sunnis (ISIL) next week and we will see what happens. I think if they get to parliament, Maliki is done. If they were to form a new GOI and vote for a new PM - and Maliki refused to leave I would then expect there would be "reason" for the global powers to step in and tell Maliki to get out. Just not so sure yet they will get to parliament next week.
6-27-2014 Newshound Guru tlm724 Article quote: "The U.S. State Department that the Kurds will participate in the lineup the new Iraqi government, expressing Washington's refusal to export Iraqi oil without the knowledge of Baghdad. Massoud Barzani administration's support continuous unit Iraq and the need to form the next government, which may begin no later than the first of next July." having them work together is a huge thing...the Kurdish leaders confirmed that they will help to form a new government. So we may actually see a seated GOI and further developments on the HCL, article 140 etc once they are seated and vote in the PM, speaker, Presidents etc. this is good news and this will definitely help in the fight against terrorism, unity in the gov is a show of strength!
6-27-2014 Intel/Newshound Guru Poppy3 WE WILL HAVE A NEW GOI WITHIN A FEW DAYS AND A NEW PM TO HEAD THE NEW GOI. THE ISIS WILL RETREAT SLOWLY OUT OF THE PICTURE AS PEOPLE START GETTING PAID AND THE NEW ECONOMY STARTS TO IMPROVE... THE RV SHOULD HAPPEN WITHIN VERY FEW DAYS POST MALIKI'S REMOVAL AND A NEW PM IS IN OFFICE. TURKI HAS STATED OVER AND OVER THEY ARE PREPARED TO MOVE FORWARD WITH FINANCIAL REFORM.
6-27-2014 Newshound Guru Chattels The recent period has witnessed a number of statements to many MPs about the nomination of a number of personalities to fill the post of Prime Minister, among them (Adel Abdul-Mahdi, Ahmed Chalabi, in addition to Sate of Law's candidate, the current Prime Minister Nuri al-Maliki...my point is that no one knows who the nominee is as yet.
6-27-2014 Intel Guru TerryK Article quote: "Calls for the information department in the House of Representatives and all the media to cover the opening session of the third election day on Tuesday 01/07/2014, so we call on all media wishing to attend the meeting to send the names of their delegates..." WHAT I HAVE BEEN TOLD THIS WILL BE WHERE THE OFFICIAL ANNOUNCEMENT WILL BE MADE.
6-27-2014 Intel/Newshound Guru Poppy3 GOI WILL BE ANNOUNCED BY JULY 1 AND SET BY JULY 4TH ACCORDING TO SOURCES. NO TIMING AS YET ON WHEN TURKI WILL TURN LOOSE THE RATE. I STILL STAND STRONG TO A FLAT RATE OF OVER $3.00 AND AS MUCH AS $ 3.86.
6-27-2014 Newshound Guru tlm724 Article: "Presidency calls on parliament to hold its first session next Tuesday" here it is and how sweet it is "issued a decree calling for the new parliament to hold first session on Tuesday" good news day everyone! its been a long time coming too...the tide is changing for the better, have faith in your investment, all things come to pass and we are finally seeing positive progress and Iraq continues on despite these trying times! 6-26-2014 Newshound Guru Tlar Turki will RV/RI the currency next week north of $3.00. I am in possession of some information that is happening that I can't yet discuss, but if the government changes so goes the currency. Turki is waiting for that moment just as you and I are. I promise I am not grandstanding but I will tell you this. We are within a BB gun shot of this being over as long as the government is "settled.". No contact or second hand info but true fact. If the government is seated and is a new government next week, I will disclose what it is I've got within 5 minutes of the announcement. Everybody will be very happy. Come on Tuesday.
6-26-2014 Intel Guru SteveI As for the news, wow, it is so misleading. I am being told that the news being reported is not what is going on in real time. This new government is on a mission to get this country back on track and this is so encouraging and exciting to watch history unfold. Yes, this is almost over and we can then start the next chapter of our lives before you know it. This will happen very fast and when you least expect it. So until then, be happy that you stayed on this journey... [post 2 of 2]
6-26-2014 Intel Guru SteveI Here is how I see this being played out, Maliki will resign and I have no doubt about it. Too much pressures from the world and other leaders for him to be effective even if he were to stay. The new president of the parliament will be the same as the previous one and all will be announced I think by mid next week if not before (probably before). The new parliament will work hard and fast on the budget and it will get passed without issues. This has pretty much been reported in all the news. [post 1 of 2....stay tuned]
6-26-2014 Newshound Guru Administrator Bob Current Prime Minister Nouri al-Maliki continues to rebuff demands to step down. As committed, parliament sessions will begin July 1st with first order on the agenda to begin forming a new government.
6-26-2014 Intel Guru TNT Tony Things are still going in the right direction, just taking a little longer to begin the celebration.
6-26-2014 Intel Guru MarkZ Do not look for any big rv news until tomorrow afternoon or evening. Things are cooking just fine though.
6-26-2014 Newshound Guru Stryker Quote: "Informed sources revealed today, on Thursday, said a meeting of the National Alliance will be held this evening, in order to reach a final agreement on the choice of the next prime minister and other electoral benefits." It looks official the decree was put forth by the Vice President of Iraq today and the first Parliament Session will by next Tuesday July 1, 2014...
6-26-2014 Newshound Guru Enorrste I would love to see Mahdi take over, if for no other reason than to see Maliki go away. But there is a part of me that says that Maliki won’t go away, no matter what. The next few days will prove to be interesting, to say the least. Since I have covered both possibilities here, it is unlikely that I will be wrong. One or the other will win out. I suspect we will know which within 2 weeks. [post 3 of 3]
6-26-2014 Newshound Guru Enorrste The Kurds are adamantly against Maliki but are desirous of participating in making a new government. I suspect that they will want the Presidency again, as they have had it for 8 years. Therefore, I conclude, surprisingly enough, that Maliki may actually be replaced and that a new government will be created with Mahdi as the Prime Minister and Barzani as President. I realize that this runs totally counter to what I have learned about Maliki. Therefore, I hold this caveat: Maliki may stand firm, even against what is apparently a strong attempt to remove him from within his own National Alliance. If he steps down, we could see some significant changes in Iraq, to our benefit. On the other hand, if he balks, which the media reports indicate is still a possibility, then there could be a stalemate created that could last for months. [post 2 of 3....stay tuned]
6-26-2014 Newshound Guru Enorrste ...none of us can confidently say what is happening, since the media stories conflict with themselves in many cases. However, we may have an inkling of knowing where this is heading. Maliki has promised to attend, stated he would step aside if a candidate who could defeat terrorism is named, and has promised Kerry that a new government would be formed on or before July 1 (he clearly can’t keep this promise). At the same time his National Alliance has clearly indicated that it will not accept Maliki for a third term, and that it wants to nominate Mahdi for the position of Prime Minister. Najafi has stated that he would accept this nomination. The National Alliance was also confident that their “new” nominee would be widely accepted. [post 1of 3....stay tuned]
6-26-2014 Intel/Newshound Guru American Contractor PM Nuri Maliki turned down the emergency government and will be going with the Unity government just like he told Secretary of State John Kerry. The Iraqi Parliament will convene on Tuesday, 1 July. The Iraqi Parliament has 30 days to name a new Iraq President and then the President has 15 days to name a new Prime Minister. This will go into August before this is all said and done.
6-26-2014 Intel Guru TD I asked my friend for clarification of recent comments by Turki and the CBI. He indicates that much seems to be lost in translation and that the Governor was simply trying to assure "existing business interests and nations" of the CBI's continued efforts to keep monetary policy as stable as possible under the political pressures. Much concern raised by these "existing business partners" was ISIS looting more money, funds, etc. Turki was trying to assure people of Iraq's vast wealth "held outside Iraq". [post 2 of 2]
6-26-2014 Intel Guru TD Today i had a intellectual exchange with my friend over in the sandbox and thought i'd share some info: Maliki emphatically states today that he will "follow the democratic process" and form a government. he "claims' his party has majority and will not heed the advice of the Obama doctrine : "be inclusive and play nicely with all the kids". Maliki now seems to think of himself as "the Commander in chief" of all shiite's. The only way Maliki will go is if his own party topples him or he loses support from Iran. [post 1 of 2....stay tuned]
6-25-2014 Newshound Guru Aggiedad77 Article: "Najafip sources: the reference would give its blessing nomination of Adel Abdul Mahdi" Religious sources in Najaf are reportedly saying that Mahdi would be a good thing as a nominee for PM...they seem to infer that he would be acceptable by all political blocs...well that is at least their opinion...I am sure that there will be several names dropped in the hat.
6-26-2014 Newshound Guru Millionday Article quote: "Wahab said Vice President Khodair al, that the presidency will be issued today or tomorrow Decree Republican to hold the first session of the new Council of Representatives." the first session of parliament is thursday or friday -- this week...so the first session is to place by vote the new government and that will be complete this week...that is huge news...the US made an agreement that they were to have the gov formed by july 1st for the US to help.
6-26-2014 Newshound Guru Adam Montana the situation in Iraq isn't one of peace and tranquility just yet, but I get the feeling things are coming to a head and it's not turning out that bad. Quite frankly, I feel that if things were to take a drastic turn for the worst we would be seeing it by now. ISIL is holding on and making waves still, but it's starting to look like they are stretching themselves thin and that's never a good thing for an attacking party.
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6-25-2014 Intel Guru DC I do believe we are beyond the point of interference from anyone. Even those trying to block or delay this are not having an impact. It is extremely positive for any time now. The RI could be available to the general public if the banks allow that, but the RV is following so closely behind and it will give us a slightly higher number, so they are waiting for that although the RI is being traded behind the scenes. The RI went through, and now Maliki has pushed it worldwide, so he is willing to wait on the RV until the political side is sorted out. The train has left the station, and I have a strong feeling it will be before the 4th. [post 2 of 2]
6-25-2014 Intel Guru DC [via Adept1] [NBC news says, “Iraq’s new government is ready and new PM has been selected. Maliki is preparing his exit speech.” What do you think about that?] It’s wonderful, but things can change until they are formal. I wouldn’t hold my breath on M retiring until everyone has voted on this. Maliki is extremely bright and we won’t count him out until it’s done. I think it’s 85% likely that Madhi gets it, but we have to see. ...you don’t have to have a PM in order to have an RV. [post 1 of 2....stay tuned]
6-25-2014 Intel Guru TNT Tony [...you don’t have to have a PM in order to have an RV.] It’s not a requirement, but a smart person would want to know who is in charge of this money. Do they shock the world by doing this first and announcing it afterwards? There should be an announcement on June 26th, which is tonight in Iraq. The RI went through, and now Maliki has pushed it worldwide, so he is willing to wait on the RV until the political side is sorted out. We are so close; we are in an active live window at this time. It could be in the next five minutes, any minute, next day or 3-4 days. [post 2 of 2]
6-25-2014 Intel Guru TNT Tony [via Adept1] They are still briefing people right now that is will be done before the 1st...and some think it will happen before the first, which I hope is the case. The banks are ready, they’ve brought in security and exchange people, refreshed information with everyone, and they have re-established their hours, ready for this to go right now. The only thing we haven’t seen is public announcement in Iraq, although they have said it is effective and have announced the RI. What we are waiting for has been processed around the globe, and it’s sitting in the banks waiting for the opportune time. The banks have the rates, they are just not dealing with the public yet because they want to do the RV and the GCR at the same time. [post 1 of 2....stay tuned]
6-25-2014 Newshound Guru Mountainman Another factor in Iraq's favor today is the Kurds... they are now the main group that is in the best position to help stableize Iraq and bring the country back to a position of stability... They are the most powerful group in Iraq today bar none.They are easily able to maintain security in their area... but...they are not going to until they are given legitimate power and positions in the Iraqi govt. We are half way through the year...don't look for the dinar to change this year... possible? In my opinion no. Next year very possible...watch for Iraq to develop a stable govt. then look for a change in the value of the dinar. [post 2 of 2]
6-25-2014 Newshound Guru Mountainman [Long time no see!] I see the current serious conflict going on in Iraq to be to our advantage for a multitude of reasons...the main thing is Malikai is going to be ousted either by his own govt or by ISIS...either way he is on his way out. The US is going to step in and step in hard against ISIS. The main point is the world is not going to tolerate this kind of action...So its obvious Iraq is in for another major change...and I believe after all they have suffered...the Iraqi govt is finally going to become an all inclusive govt sharing power equally between the three main religious parties....and this change could occur within a couple of weeks...As they have literally run out of time. [post 1 of 2....stay tuned]
6-25-2014 Intel Guru TerryK Article quote: "Sources within the National Alliance, on Tuesday, on the nomination of the leader of the Supreme Council, Adel Abdul-Mahdi as prime minister instead Maliki." [Wasn't he one of the former finance positions?] YES HE WAS. [do you think he can bring all three factions together or will the Kurds still feel left out?] YES I DO. THEY ARE TRYING TO GET BACK TO DOING BUSINESS AS THEY DID PRIOR TO THE WAR FROM A $$ STAND POINT. JUST GOT OFF THE PHONE WITH A COUPLE OF SOURCES THEY ARE STILL INSISTING THAT WE ARE IN A GREAT PLACE AND THAT THINGS ARE IN GREAT POSITION.
6-25-2014 Intel Guru Mnt Goat Will they still hold the session or will Maliki find a way to sidetrack it again? Something to be watchful for. He already go them to postpone the 6/24 session to 6/27. I still firmly believe that we will not see any revaluation of the IQD unless Iraq has a stable and functional government...This will bring us the final completion of the project to restructure the currency. This is what the CBI also wants and this is what will get us to the banks to exchange our dinar. [post 2 of 2]
6-25-2014 Intel Guru Mnt Goat ...today we stand on a new timeline once again. This could be all over within the next week. I will not give out a date but I believe we are very close looking at all the current news...this should be a pivotal week....we are in this critical stage and all time is critical now. I still whole heartedly expect Maliki to attempt to find a way to sabotage the process. Until it is over its not over. [post 1of 2....stay tuned]
6-25-2014 Newshound Guru Aggiedad77 Article: "Alkhozai: Presidency of the Republic issued a decree during the next two days to hold the first meeting of Parliament" This same man promised us three days ago that Parliament would meet then in "two days", now here it is Wednesday and he is still saying "two days,"...soon it will be July 1 and hopefully he will have gotten it right...and then the article closes with the July 1 date...
6-25-2014 Newshound Guru Adam Montana So…what do we take away from all that? The recent events in Iraq have definitely put a kibosh on anything "popping" in the next week or two, but the dust will settle and Iraq still has not suffered anything that has or will set them back significantly. In fact, despite the turbulence, the exchange rate has remained strong and that says a LOT about the future potential for them. I remain positive. [post 2 of 2]
6-25-2014 Newshound Guru Adam Montana You would think that with all this madness and chaos and "OMG the sky is falling!" going on over there, the currency would be plummeting back to the 4000:1 rate it was at a decade ago… but that's not the case. In fact, the stability was only in question for less than a week, when the dinar "wobbled". Turki/Central Bank states that despite the current events, the dinar is and will remain stable. Not only that, they have the ability to maintain any rate without a roof. (That says "float" to me!) (Yes, all this in spite of the "doom and gloom" the lame-stream media would have you believe!) [post 1 of 2....stay tuned]
6-25-2014 Intel/Newshound Guru Poppy3 MALIKI HASN'T RESIGNED, HE HASN'T TOLD KERRY HE RESIGNED, THE RV HASN'T HAPPENED BUT THE GOVERNOR OF THE CBI SAYS IT WILL MID YEAR 2014 AND WE ARE AT MID YEAR 2014, HE TOLD THE WORLD THIS AND ALSO ADDED THAT THE POLITICAL AND TERRORIST ACTS WOULD NOT DETAIN HIM . THE ISX PRESIDENT PROMISED TO OPEN THE NEW EXCHANGE, OPEN AND TRADING INTERNATIONALLY ON JULY 1. THESE TWO GUYS HAVE TOLD EVERYONE WHEN AND WHAT WILL HAPPEN AND THEY ARE THE FINAL SAY SO...UNTIL THEY SPEAK PUBLICALLY AGAIN ABOUT THIS SUBJECT THEN WE ARE ALL WAITING TO SEE WHAT THEIR ACTION IS.
6-25-2014 Newshound Guru Stryker Article quote: "Deputy President of the Republic Khodair al, on Wednesday, that the presidency will be issued during the next two days a decree calling for which the new parliament to hold its first session" THE VP OF IRAQ WILL FILE THE DECREE IN THE NEXT TWO DAYS FOR THE FIRST PARLIAMENT SESSION TO BE HELD...One of the most important steps to formation of a new government AS LONG AS the real leaders step up and get Maliki out.
6-25-2014 Intel Guru EXOGEN THIS IS ALMOST OVER!!
6-25-2014 Newshound Guru Millionday [did parliament meet today?] the first of july -- and the oldest member will be the pres of parliament...ALL LEADERS WILL BE VOTED IN AT ONE TIME --- ALL IN ONE VOTE...and remember that the US said they would only come if that was done so that has to be and is by agreement to adhere to the constitution. [do you think there will be a reality rate by July 1st?] i dont have a date for a reality rate but there are a lot of things that are to be done by july 1st -- this week is full of many things to be done...
6-25-2014 Newshoun Guru Tlar Meetings of the NA at Jaafari's house appears to have born fruit. It appears a nominee has been chosen unanimously from the NA. The nominee as it turns out is Mahdi who is a Shia and held the job of Vice President under Maliki. Mahdi was charged with terrorism by Maliki a few years ago when Maliki returned from Washington. Mahdi has no love for Maliki I'm sure. The articles state Mahdi was unanimously voted as an acceptable nominee by the NA which I take also includes the SOL...there exists now 2 different news sources saying the same thing. If true this means that they can now convene parliament and build a non-sectarian government.
6-25-2014 Newshound/Intel Guru BGG [I never have understood why Maliki seems so opposed to a revalue of the currency?] He's an Iranian proxy - has been a "weak Dinar policy" guy from day one. Should he manage (by some miracle) to stay - any RV you might see under him won't be the kind we have imagined...it will start much lower. JMHO. He is ruthless and that is one way to get Iraq off the hook for cheap... most of the 3 zero notes would be off the market within days. [with a new PM would you think we might see a higher exchange rate?] IMHO - yes. 6-24-32014 Newshound Guru wmawhite keep in mind that the Governor of the CBI stated that when the government is decided...NOT when they love each other, NOT when they get along or is stable...because those thing are all relative. Instead, he stated "when decided" we (impling the Board of Directors of the CBI) will move forward with the project. Furthermore,...IMO this tells me it does not matter who is running the show...the CBI just needs a functioning government.
6-24-2014 Intel/Newshound Guru Poppy3 WE WILL SEE NEWS TRAVELING FAST TODAY AND POSSIBILITIES OF THINGS MOVING FORWARD BUT THEY STILL HAVE MUCH TO DO AND A SHORT TIME TO GET THEM DONE. THIS WEEK WILL SHOW US JUST HOW FAST THEY CAN MOVE AND ACTUALLY FORCE ACTIVITY. TURKI & ISX NOW JUST HAVE 5 DAYS FOR MEETING THEIR DEADLINE TO MAKE THEIR MOVES. NOW WE KNOW THEY HAVE BEEN DELAYED SOME BUT THIS GOAL WAS SET BY THEM AND THEY DIDN'T TELL JUST YOU AND I THEY TOLD THE WORLD. QUESTION TO ASK IS WILL THEY MEET THEIR GOAL OR WILL THEY USE THE TERRORIST ATTACKS FOR A EXCUSE AND THEY HAVE ALREADY SAID THE ATTACKS AND POLITICS WILL NOT EFFECT THEIR COMPLETING FINANCIAL REFORM SO THEY HAVE PLACED A MONKEY ON THEIR BACKS ALL ALONE.
6-24-2014 Newshound Guru Tlar Some gurus out their still believe Maliki will get a third term. He will not and this situation can't be dragged on and on. We will quickly see a resolution to this in my opinion. The stakes are too high. Iraq risks civil war and all the players know it. Turki just needs to see a government of the people and know that the attacks against the reserves are over. When these two things occur we are there and he will pull the trigger.. The initial target date is July 1st but if it drags a few extra days, then it is possible that the RV will drag a few extra days. [post 2 of 2]
6-24-2014 Newshound Guru Tlar Everything looks to me like it is coming together probably as it should. There is no secret that Maliki has not resigned but rather is trying to engineer some way to have a puppet regime acting on his influence (orders) and in particular to put up a shield of protection around himself, all while trying to appear the stateman for Iraq. For there to be an RV on the first, somehow they must form a government this week. [post 1 of 2....stay tuned]
6-24-2014 Intel Guru Bluwolf [via Red, White & Blue] Today is a day of decision making with a no turning back, with a twist, for Iraq, Syria, Egypt, Libya, Israel, Arabia, England and the USA. This is a world- renowned mandate that has to be economically resolved immediately. Its importance is of a worldwide nature and the pressure to get it over is a done redundant [sic]. We are in a awesome position right now folks, blessed to be exact.
6-24-2014 Intel/Newshound Guru Poppy3 [What has M (Maliki) done today to disrupt Parliament being seated tomorrow (Tuesday)?] TRYING TO GET THE MEETING MOVED FROM BAGDAD TO ERBIL WHICH WOULD DELAY IT FURTHER BUT WE HAVE NOT HEARD IF IT WILL BE MOVED OR WILL HAPPEN IN BAGDAD AS PLANNED. [Word is Parliament meeting tomorrow is total rumor.] SORRY THE OFFICIAL WORD WAS THE MEETING WAS SCHEDULED FOR THE 24TH. THE RUMOR IS THAT IT WILL NOT HAPPEN THEN BECAUSE IT MAY BE MOVED TO ERBIL. TIME WILL TELL WITHIN 24 HOURS. REMEMBER THEY ARE NOW UNDER WORLD OBSERVATION TO GET THINGS DONE ASAP MORE THAN EVER IN HISTORY SINCE THE WAR WAS CONCLUDED. MAKING CITIZENS WAIT IS ONE THING BUT MAKING THE WORLD WAIT IS SOMETHING ALL TOGETHER DIFFERENT. TIME WILL TELL.
6-24-2014 Newshound Guru Kaperoni Article: "Massive withdrawals of depositors .. and fears collapse of the dinar amid the absence of a central!" There is a lot of blame to go around as to why Iraq is not in a market economy after 10-12 years of preparations. The bottom line is that until they do what is needed...stability, security, laws, etc..the CBI will continue to just do auctions and manage the dinar via a peg. There is no way to predict if Iraq can figure this out this year or if it will take several more. All we can do is wait and watch.
6-24-2014 Newshound Guru Chattels this political process is complicated and convoluted even if it proceeds constitutionally or " by the book ", add the notion of a " National Salvation Government " and whatever the USA and Iran have in mind and well, who knows! ...even according to the constitution...a 15 day extension is very possible and legal. none of the news articles are talking about a possible extension but it is there in the article of the constitution in black and white.
6-24-2014 Intel Guru Jester [will we see Maliki go soon?] IS POSSIBLE... THAT IS WHAT THEY WILL LIKE TO HAPPEN... THAT IS WHAT ALL THE MESS OVER THERE IS ABOUT RIGHT NOW... WE WILL HAVE TO WAIT AND SEE.
6-24-2014 Intel Guru Mnt Goat He has had 4 years already to work out a compromise and negotiate on this issue so why all of a sudden now on the eve of the first session of parliament does he propose such a deal? Article 140...will linger as long as it is used as a political bargaining ship...once Maliki is gone this article 140 issue will be clarified very quickly once and for all... So why accept any deal now? It will be one of the items in the “basket” of laws that will be published and moved forward very quickly along with the long awaited revaluation process. Good try Maliki! [post 2 of 2]
6-24-2014 Intel Guru Mnt Goat I...heard that Maliki had made a deal to implement Article 140 and that the Kurds agreed to it. This is great news however it is only a proposal put forth by Maliki. It means nothing unless the new session of parliament is held and they vote on it and accept it. I also want everyone to remember that the constitution of Iraq already provides for these disputed oil rich regions to go to the Kurdistan region. So why the necessity for any “deal” in the first place? [post 1 of 2....stay tuned]
6-24-2014 Newshound Guru Aggiedad77 Article: "Banks speed up shift to forex automation" And just why would big banks like Barclays and UBS be pushing for forex automation within Iraq...could it have anything at all to do with an upcoming major curtain call with the MR [Monetary Reform]?
6-24-2014 Newshound/Intel Guru BGG [I never have understood why Maliki seems so opposed to a revalue of the currency?] He's an Iranian proxy - has been a "weak Dinar policy" guy from day one. Should he manage (by some miracle) to stay - any RV you might see under him won't be the kind we have imagined...it will start much lower. JMHO. He is ruthless and that is one way to get Iraq off the hook for cheap... most of the 3 zero notes would be off the market within days. [with a new PM would you think we might see a higher exchange rate?] IMHO - yes.
6-24-2014 Newshound Guru Chattels Maliki is the current manifestation of what is fundamentally wrong in Iraq. Constitutionality, the rule of law, due process and fundamental fairness is necessary for all and not just the Kurds. The Kurds understand that which is why they couch every action on terms of the constitution.
6-24-2014 Newshound Guru Enorrste If Maliki is ousted next week...I will be the first one to eat crow. There is no way Maliki is leaving next week, or the week after, or the week after that. Time will tell. I have my seasonings ready if I have to eat crow, but I'd wager I won't have to. If/when parliament meets, Maliki will assert his right under the Constitution to form a new government. Then 30 days later, he will appeal to the same process he employed 4 years ago and got approval for from the Supreme Court. In other words, nothing will happen for at least another 45 days. 6-23-2014 Intel Guru TerryK SO WHERE ARE WE WITH THE SITTING OF THE GOV. HEARD IT WAS TO BE DONE THIS AM. ALSO HEARD THAT MALIKI MAYBE THE PM AS ARRANGED WITH USA AND IRAN BUT THEN HEARING THAT HE IS NOT. A LOT OF SMOKE IN THE DINAR WORLD. I AM THINKING THAT THIS IS OUR WEEK. SOURCE THIS AM IS REALLY EXCITED AGAIN BUT THEN SHE HAS BEEN EXCITED THE PAST TWO WEEKS. MY SOURCE TOLD ME THAT THIS AM IS THAT THEY WANT THIS DONE BY 7/1.
6-23-2014 Intel/Newshound Guru Poppy3 TODAY IS THE 23rd OF JUNE SO WE ARE NOW DOWN TO JUST 6 -7 DAYS BEFORE TURKI AND THE PRESIDENT OF THE NEW ISX ARE TO OPEN IRAQ UP TO WORLD TRADE. THEY TOLD THE WORLD WHAT THEY WOULD DO AND WHEN IT WAS GOING TO BE COMPLETE SO OUR DAYS THIS WEEK SHOULD BE VERY REVEALING OF ACTIONS TAKEN. I FEEL VERY SURE THEY WILL TRY AND KEEP ALL POSITIVE ACTIONS AND COMPLETIONS VERY QUIET AS POSSIBLE AND THAT OUR NEWS MEDIA WILL KEEP UP THEIR HIDDEN AGENDA OF PREACHING DESTRUCTION ON THE ENTIRE COUNTRY. THERE WILL BE MUCH NEGATIVE INFORMATION AS THIS PROGRESSES... JUST WATCH THEIR ACTIONS . IF YOU LISTEN TO THEM YOU WILL DEFINITELY BE DECEIVED.
6-23-2014 Intel Guru Frank26 Article quotes: "...at ten o'clock this evening will deliver a present to you Mr. Nuri al-Maliki and historically important speech to the Iraqi people great..." "...it is today because of political pressures and to maintain the unity of Iraq announced the resignation of this government, led by Ana Nouri al-Maliki..." Report just came in: 100%... Unequivocally...Totally...FALSE!
6-23-2014 Intel Guru TNT Tony & DC Back in November-December, we knew the US didn’t want this until the July 1st, we just didn’t think they would ever get it to that point. They have done everything they can to string it along. Why does the US want this to come out on the 1. July? There are anti-money laundering and banking regulations coming in, with tax implications and reporting, and those are coming in on 1. July. The rates have gone up, and the amount the US gets has gone up by hundreds of millions if they do it on the first. There is a strong chance that the rates may even go up again on July 1 as it goes from RI to RV; it looks very good for that right now. The RI has been released to the banks, and the clock is now ticking for that release. Our understanding is that you May get the option to get the RI rate before the 1st, but there will be restrictions and you cannot get the RV rate after that...Everything is looking good, so stay positive. [post 2 of 2]
6-23-2014 Intel Guru TNT Tony & DC [via Adept1] Thursday we had notification that the RI+RV was going to go through. We were waiting for Maliki’s public announcement. On Friday, the RI was completed. It finally went through. We were encouraged to give you this information. The RI, which had they had signed off on April 26th was finally processed on Friday around the world. Everyone accepted it including the US, they accepted that rate, so the RI is sitting there and waiting to be brought to the public. It was sitting there on Saturday, and on Sunday, then we got word we would see it on Monday or Tuesday. Maliki is supposed to make an announcement today, and we’ll expect that every day until he makes it. [post 1 of 2....stay tuned]
6-23-2014 Newshound Guru Kaperoni I will add, Maliki's poor management of the country is a clear example of how he has weakened the banking and monetary policy. The CBI has been in essence "treading water" waiting for the rest of the country to get together so they could take the next step and do what I said above. But Maliki has failed miserably in uniting the country and reducing violence. The end result was the last four years were wasted and we are almost back to 2007-2008 conditions. What needs to happen now is Maliki needs to go, a unified government needs to be installed and the country needs to stabilize, strengthen and remove the terrorism..and in short order. The CBI is waiting. [post 2 of 2]
6-23-2014 Newshound Guru Kaperoni Article: "Massive withdrawals of depositors .. and fears collapse of the dinar amid the absence of a central!" it is clear that the problem is a lack of confidence from the citizens. But the CBI is not helping matters as they say. Despite Turki's statement the other day (plenty of reserves), he is not providing enough foreign currency to curb this problem..and the result is even less confidence. If the dinar continues to drop in coming days (auctions) its only going to take them even further out of compliance with the IMF and delay any chance of monetary reform this year. Until they get the country under control politically and reduce the violence that is not going to happen. [post 1 of 2....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 [I was wondering what your thoughts are about the ISX/OMX that is expected to launch on July 1st.? Do you think it will launch as planned (June 28, 2013 OMX Platform stated "The upgrade is expected to be rolled out by mid-year 2014")? And do you agree that we need an international currency in order to do that?] THEY STILL HAVE SAID ZIP DIFFERENT FROM WHEN THEY SAID, YES IT WILL OPEN ON JULY 1 AND BOTH THE PRESIDENT OF THE ISX AND THE CBI HAVE SAID SEVERAL TIMES THAT YES THEY WILL OPEN AND WILL HAVE A INTERNATIONALLY RECOGNIZED CURRENCY. IF THAT HAS CHANGED THEY HAVE NOT MENTIONED IT ANYWHERE THAT I HAVE SEEN. THEY HAVE ALSO SAID THAT THE MILITARY ISSUES WILL HAVE ZERO EFFECT ON THEIR PLANS FOR FINANCIAL REFORM.
6-23-2014 Newshound/Intel Guru BGG [with the seating of parliament on Tuesday does that look like a good day for maliki to leave one way or the other?] Maliki is fought the seating of Parliament tooth and nail...once they are seated - it is a very short walk to the end for him. Once Maliki is gone - things will get much easier. [With the conflict on going and M being "forced" out is ISX, July 1 upgrade on track? And if so, Do you think it forces CBI to RV prior to July 1?] My comment will be - the financial side of things sure feels like it is on it's own timeline entirely... particularly in light of Turki's recent comments about the potential value of the Dinar. [Can our liquidity event happen with M in place?] not impossible - however, at this point - I would at least think the IMF/WB would want to be certain he is a non-factor.
6-23-2014 Newshound Guru Aggiedad77 Article: "U.S. official: Kerry will discuss the potential for tripping over Iraq's oil supplies" Oh this should give everyone in Iraq a warm fuzzy feeling...Sec of State Kerry is allegedly going to show up in Iraq...now of all times...now after so much damage has been done...let's pay a little attention to a country we once tried to save from the very menace they face today...a menace that someone uttered "were on the run" not so long ago...I'm sure that there will be a warm welcome for him...it is kind of funny...this talk of oil disruption is not even remotely close to being a reality...nothing in the way of exports to the north or the south have been threatened.
6-23-2014 Intel Guru Mnt Goat ...the violence now going on in Iraq threatens to destabilize the entire country and to stretch beyond the Iraqi border. This violence is intentional by the Maliki government and will not end as long as Maliki remains prime minister during this time of provisional government. Yes - this violence is a bit exaggerated on the USA news channels but I assure you it is real and will have lasting effects if not stopped. The only real hope for the Iraq is for the “good guys” to aggressively push forward and get the new government seated as quickly as possible.
6-23-2014 Newshound Guru Tlar Maliki will only leave the way all dictators leave. In a box or under arrest. This guy is getting nuttier by the day. ...Hakim has already stopped him from arresting Chalabi for terrorism charges. So you will most likely see confusion to as not present or focus on any particular guy until he is nominated on Tuesday. Until then I don't think any position will officially be announced publicly but it is interesting that Chalabi is meeting with everyone but not on the list. ...the results were ratified last Monday by the federal courts 354 out of 358 mps.
6-23-2014 Newshound/Intel Guru BGG I will leave everyone with some thoughts... though there is turmoil...considerable uncertainty...I am optimistic about Iraq's chances now. Maliki has captured the world's attention...and not in a good way...which in the short term - should be good for us (and them). The truth is coming out everyday and this is good. [post 2 of 2]
6-23-2014 Newshound/Intel Guru BGG FOX ran a report phrased like 'John Kerry headed to the Middle East to urge Maliki to "guarantee his gov't will be more inclusive" in the future'... My take on the Kerry "narrative" was to at least look on the surface as though the US wasn't there to "directly effect" (as per the POTUS) the choosing of the Iraqi leadership...to "urge" Maliki to be "inclusive"...however, I am POSITIVE we are there to "help with the choice" and it won't be Maliki. I doubt he lasts much longer...this "gambit" of his with ISIS and allowing them entry hurt both the Iraqi ARMY and his own chances. I believe it greatly hastened his coming demise. [post 1 of 2....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 THEN WE HAVE HAD MANY OTHERS TO SAY THE SAME TIME TABLE FOR OTHER ACTIVITY TO TAKE PLACE AND THAT INCLUDES THE MINISTER OF FINANCE COMMITTEE AND THE NEW ISX PRESIDENT THAT STATES THEY WILL OPEN THE NEW ISX AND WILL BE TRADING INTERNATIONALLY ON JULY 1. I THINK WE ARE IN AN AWESOME WEEK COMING UP THAT EVEN IF IT DOESN'T BRING FORTH THE RV IT WILL REVEAL EVEN MORE...ACCURATE TIMING OF WHEN WE WILL SEE MALIKI GONE, GOI SET, AND ALL REQUIRED FOR OUR RV AND MAY EVEN SEE AND HEAR THE RATE. [post 3 of 3]
6-23-2014 Intel/Newshound Guru Poppy3 NOW...I AM BEING ASKED HOW MUCH LONGER AND I CAN ONLY SAY THE FOLLOWING...FIRST THE GOVERNOR OF THE CBI, MR. TURKI, HAS STATED BEGINNING LAST YEAR THAT MID 2014 WE WILL HAVE A NEW VALUED CURRENCY AND COMPLETE FINANCIAL REFORM! THEN HE HAS STATED THE SAME THING AT LEAST 3 TIMES SINCE THEN BEGINNING IN JAN 2014 WHERE HE ACTUALLY SAID JUNE FOR A TRADEABLE CURRENCY. HE HAS ALSO STATED NOMINAL VALUED CURRENCY. I CAN'T GIVE YOU ANYTHING THAT SOUNDS BETTER THAN WHAT THE MAN THAT IS CHARGED WITH MAKING THE CHANGE HAS SAID AND HE HAS NEVER...SAID ANYTHING ANY DIFFERENT THAN THIS. [post 2 of 3....stay tuned]
6-23-2014 Intel/Newshound Guru Poppy3 SEVERAL THINGS THAT NEED TO HAPPEN BUT MOST ALL OF THESE ARE ALL CONNECTED AND WILL HAPPEN ALMOST SIMULTANEOUSLY. FIRST THE NEW GOI SET AND SHOULD HAPPEN EARLY THIS WEEK. DOESN'T HAVE TO BE SET FOR THE RV BUT WE THINK THE CBI AND WORLD BANK HAVE COME THIS FAR THEY WILL MAKE THAT A PRIORITY. NEXT ARTICLE 140 AND THE HCL HAVE BEEN READY FOR IMPLEMENTATION FOR MONTHS NOW. I TRULY EXPECT TO SEE THE VALUE CHANGE ONE DAY AND THESE TWO LAWS TO BE IMPLEMENTED WITHIN A COUPLE DAYS POST RV. NEXT THE RV IS ANNOUNCED THEN WE NEED TO HEAR THAT THE DINAR IS A RECOGNIZED TRADEABLE CURRENCY AND THAT WILL BE SET TO GO PRIOR TO THE ANNOUNCEMENT. [post 1 of 3....stay tuned]
6-23-2014 Newshound Guru Aggiedad77 Article: "Specialists: the presidency will call the new parliament to work during the next two days" Will we see Parliament getting together for a session in the next two days? So says the voice of the President...through his Vice President Khodair...originally the initial meeting was to be held June 30, but in staying with legal precedent the meeting will now be convened much sooner...we shall see what happens.
6-22-2014 Intel Guru SteveI All looks very good ahead. Here some some things to watch for: The naming of the President of the new parliament. Immediately after that, the official naming of the new Prime Minister (FYI, it will not be Maliki under any condition). The passing of the budget. The closing of the borders (this may or may not happen as this all will go down very fast). Many are sill predicting Maliki will remain in power, but I will stick to my post from last Tuesday. Each and every day gets more exciting. This very well could be a great upcoming holiday. [reference SteveI post 6-20-2014]
6-22-2014 Newshound Guru Enorrste It has always been my view that Maliki is shrewd, not dumb. He does things because he himself benefits in some way...his placement of Turki in the CBI slot was for a reason that has benefited him. We have never heard him say that the plan was not going to happen (raising the value of the dinar). Never. But we have heard Turki endorse the plan generally. So, on god's green earth I see that Maliki will slowly evolve, to his own benefit, and allow Turki to move to Article VIII and the dinar to float. [post 2 of 2]
6-22-2014 Newshound Guru Enorrste ...it has been my view that Maliki was holding off on allowing the float for political reasons. A weak dinar policy meant that his opponents would not reap the benefit of a rising dinar, assuming they were holders. My statement Maliki will allow the float is consistent with his own statements and those of Turki. Turki said just a few days ago that the dinar would enter the world stage late this year or early next year. He would not say that without Maliki's approval. Maliki also has stated that he wants the country to prosper and enter the world market. The fact that he has not done much thus far to make that happen doesn't mean that it won't happen. He actually has a great incentive to allow the float, once he is re-established with a third term. He will become the ultimate hero. [post 1 of 2....stay tuned]
6-22-2014 Intel Guru Frank26 I am seeing three articles my TEAMS have already talked to me about. I have to admit ....We did NOT expect to see them today. The speed of many directions in Baghdad is being amplified. IMO...It is impressing the proper entities of MR Powers. What we are seeing today is not an optical illusions of chronic lies from Iraq. Today is impressive.
6-22-2014 Newshound/Intel Guru BGG [Can 140 be implemented without an RV?] More than likely - yes. [do you believe...will we have rv by July1?] I cannot (in good conscience) say no...we cannot discount anything, at this point...but I cannot (in good conscience) say "proof positive" YES either...my instinct is that July 1 might be a tiny bit early based on the current scenario...but if I am right and Maliki is gone soon - anything can happen.
6-22-2014 Newshound Guru Aggiedad77 Article: "PM Barzani: Maliki should step down" Barzani is talking sense, something that Maliki doesn't seem to want to listen to...step down now...allow the country to pull itself back together...there has been 8 years of continuous turmoil and with no end in sight...enough is enough...Barzani talks of a political solution, not a military one...but agrees with the US troop involvement as a "good step"...Maliki needs to pay attention to the music...are they playing a dirge...for an exit?
6-22-2014 Newshound Guru Tlar Somebody asked question...if I still think July 1st date is good. Quite simply, yes. What is important to watch for is steps: Step one. New government is formed next week. Step two. World governments immediately recognize new government in Iraq as legitimate government. Step three. Maliki leaves country or is arrested or is assassinated. Sunnis will join forces with kurds and Shia to expel ISIS. Step four: Turki will pull trigger the minute there is a new government and Maliki has been dealt with. These are the steps. Us will offer new government all military support the minute they announce a new PM which means new government. These steps must happen by next week for Turki to have the confidence to play his part. He is just waiting as we are.
6-22-2014 Newshound Guru Chattels [Is Maliki up to his final nail yet? Or is he still hanging in there?] NO RESIGNATION BY MALIKI OR NEW GOVERNMENT AS YET.
6-22-2014 Intel Guru Jester [Jester some gurus have said it will be a float-come out low and go up, others say there will be a sucker rate first and then it will go up and others say get cashed out fast because it will go down or lop.] I DO NOT THINK THEY WILL FLOAT... WHEN THIS MESS IN IRAQ IS FIXED... WELL... IT IS A SHOW BUT ONCE IT CONCLUDES LET'S SAY... THEN THE IRAQI'S SHOULD HAVE A NEW GOVERNMENT AND THE WORLD WILL DROP IN AND OFFER THE NEW GUYS ALL THE HELP THEY WILL LIKE... AND THEN I THINK THINGS WILL MOVE RIGHT ALONG.
6-22-2014 Intel/Newshound Guru Poppy3 I THINK IT WILL HAPPEN WITHIN THE NEXT 8 DAYS ACCORDING TO WHAT TURKI AND SEVERAL OTHERS HAVE SAID NOT PUBLIC USA SOURCES BUT THEY BELIEVE IT ALSO.
6-22-2014 Newshound/Intel Guru BGG Iranian source: "Maliki agrees to the immediate application of Article 140 which included all areas of the Kurdish region." "the Iranians have handed over a letter signed by Nuri Maliki Prime Minister to the Presidency of the Kurdistan Region of Iraq similar to the terms of agreement..." "in detail included the message,according to the same source approval Maliki and all parties that fall under the coalition political immediate application of Article 140of the constitution and the annexation of Kirkuk and other disputed territories, without exception, to the Kurdistan Region" Ultimately - this boils down to Iran having handed this letter over to the Kurds. Maliki will try to weasel out later. Iran wants more Kurdish military involvement - some Kurdish parties are not good with this. In exchange for help with ISIS the Kurds get what they have been promised all along. Good luck Maliki.
6-22-14 Intel Guru EXOGEN DIRECT INTEL Maliki gone bye bye...confirmed! Yes! Confirmed Awesome! Turki CBI not Maliki...now the US can do their job...praying hard! Yes! RED suit coming. Leaving presents.
6-22-2014 Intel Guru Frank26 [via FlPatriot59] This is what we believe happened. ..yesterday Turki came out and said what he said about raising the value of the currency. The timing of him coming out and saying this is very interesting. That meeting was with Gulf countries listening to Turki about monetary policy. He said the 70B on reserve they have has been tripled and could triple again. They're sitting on mountains of gold and abundant oil. And he said there's no ceiling. The only thing left is the HCL (HydroCarbon Law) and that will done on July 1. A deal has been made for Article 140. It was brokered by Iran. The fact that it's done is almost miraculous.
6-22-2014 Newshound Guru Chattels [regardless of what did or didn't happen in 2010, from what i understand the constitution doesn't mandate every member of parliament attend the first session of parliament. Only requirement is that there is an absolute majority, which would be 165 of the 328 members.] you may be correct. [could certainly drag things out.] that is my concern in that the Iraqi constitution may be unclear on this procedural issue and, well, we have all seen how the matters are protracted over time...we have no control over anything in all of this except our own expectations.
6-22-2014 Intel Guru Delta [via FlPatriot59] Turki is the Gov of the CBI. But the Board of Directors of the CBI determines the rates. "Any change in the rate will be supported with no ceiling." He (Turki) can choose any number. This is going to be a very important week coming up. We expect a very important announcement from the CBI soon.
Read more: http://www.dinarguru.com/#ixzz362MJXLCV
6-21-2014 Newshound Guru Chattels ARTICLE 140 IS A STAGED PROCESS AND NOT AN EVENT, IMO...unless there has been a referendum then Article 140 cannot be " done ". It’s not enough to control Kirkuk; there is a very particular sequence of events that needs to happen. The KRG must carry out a proper census, then hold a referendum in the territories to determine whether they want to join the Kurdistan Region. Kirkuk is a multi-ethnic city, and without a fair referendum, whatever remains of the Iraqi state would never accept the loss of the oil-rich area...a proper census must precede a referendum.
6-21-2014 Newshound Guru Kaperoni Article: "Iraq Ayatollah calls for new parliament to start work without delay" Chalabi will not be PM. Maliki should leave, but he holds a lot of power..controlling police, military, etc..going to be tough to remove him.
6-21-2014 Newshound Guru Aggiedad77 This is HUGE news...a major piece of the puzzle falling into place...but what is happening...Maliki is attempting to save and resurrect his own butt...He is playing cards that no one thought he had...however IN FRANK'S OPINION...the avalanche against M is far too great...the deck he is playing with has no longer been dealt in M's favor...change should be coming. After all, what else is left to fall into place? [post 2 of 2]
6-21-2014 Newshound Guru Aggiedad77 JUST GOT OFF THE PHONE WITH FRANK [GURU FRANK26]...please understand this is COMPLETELY DIFFERENT than the Article 140 that was being talked about over the last couple of days...this is far more ENCOMPASSING! This Article 140 includes the disputed territories including Kirkuk...this is BIG...but even bigger this includes OIL that has been disputed by the Kurds for like forever...this is really BIG...Giving the Kurds the green light to produce and export their own oil for a period of 5 years...in that time they get to enjoy the amounts of the export as well...tremendous...but then...THEN...they will be granted 30% of the Iraqi budget after the 5 years. [post 1 of 2....stay tuned] [See the "Possible to do list" in the Dinar Guru resource bar on the left..Items 2 & 6]
6-21-2014 Intel Guru TNT Tony You are having a great weekend and it will get better. Things are slow but steady. Keep your dinar close. You will need it very very soon. All good news.
6-21-2014 Intel Guru Frank26 Chalabi Was simply nominated. Three others were nominated today as well. IMO, There will be more nominations. Why? Because there is less and less fear of M [Maliki]. As for C [Chalabi] Yes he is a front runner and more than likely the eventual PM for Baghdad. Time will tell. I just Love the fact that the Parliament/GOI is forming...So does the CBI/IMF. IMO, M was the REASON for ISIS. But who cares about politics...Pray that The CBI TALKS again tomorrow or Monday! IMO, IR can come out anytime the conditions are congruent with the CBI goals. I see continual progress because I do not seek a date.
6-21-2014 Newshound Guru Bondlady Iraq doesn't like to be told or given ultimatums about their country by the USA or any other country...such as the USA calling for Maliki to step down to end the civil discord. I don't know much about this new guy Chalabi...experience is a lot here...I hope he can compete with Maliki. Iraq does need new blood but they need strong blood and good morals like Hakim and Talabani either of those would have been great for PM but neither want that headache either. so really no one knows who will be the PM yet or if Maliki will actually get a 3rd term.
6-21-2014 Newshound Guru Kaperoni Article: "Sunni politics and the current situation in Iraq" Interview with Kirk Sowell on the esculation of violence ISIS terrorism: Maliki must go. He is marginalizing the Sunni's in everyway. Even his new "reserve army" is mainly Shia which will create further sectarian tensions...this violence could last for years. Not what we want to hear. Let's hope not..and the new government is formed soon will unite everyone. Though Maliki states they are fighting terrorists (ISIS), these groups are also include many Sunnis. So it is not so black and white as Maliki wants everyone to think. This is why the US cannot just step in. [Kirk H. Sowell is an independent consultant based in the Washington, D.C. area. An attorney and specialist in the Middle East...]
6-21-2014 Newshound Guru Enorrste I believe that once the new government is formed, assuming he is at the head of it, that he will finally allow the dinar to float. We got a "hint" that this may be his intention from the statement of Turki yesterday. Turki won't open his mouth unless he is told to do so. He opened his mouth. I believe he [Maliki] relishes power over anything else, I think that Maliki will want to go down in history as well. It will ultimately be in his own best interest to allow the dinar to float. You can count on that. Maliki will survive this, form a government, and rule. Ultimately, he will win. Of course I could be wrong. [post 2 of 2]
6-21-2014 Newshound Guru Enorrste Article: "U.S. pressure on Obama to persuade al-Maliki to step down" ...comments about the "imminent" demise of Maliki are actually kind of funny. I...can recall a very similar situation 4 years ago when Maliki had only 90 votes in the SOL. He dithered around for over a year, not going anywhere, until he finally patched together the NA and held on to his position. What makes anyone...think that it will be any different this time? This is just another blip in the road for this man. He has the position and the power. Don't bet the farm on an early demise for Maliki. On news tonight, there are talks between Iraq and Russia over this matter. Maliki "rejected" Washington and now Putin is offering Maliki support. I believe that what many fail to realize is that his power is really quite extensive at this time. [post 1 of 2....stay tuned]
6-21-2014 Intel Guru Jester INFORMATION IS STARTING TO REALLY LINE UP ABOUT...CONCERNING THE SITUATION IN IRAQ... THE NEWS IS FINALLY LOOKING LIKE WE WERE ON TARGET... I STILL BELIEVE IT IS A HUGE OPERATION DIRECTED BY THE BAD GUYS...SOME THREE LETTER BAD GUYS COME TO MIND... AND THAT THEY HAD IT ALL STAGED FOR SHOW. [so everything (except Iraq) is still positive?] EVEN THAT IS POSITIVE TO A DEGREE... WHEN YOU SEE THROUGH THE DECEPTION AND REALIZE IT IS JUST A LAST DITCH EFFORT AT DISTRACTION... AND THAT ONCE AGAIN THE WORLD IS WISE TO IT...THEN YOU REALIZE THAT THINGS ARE MOVING THE RIGHT DIRECTION...
6-21-2014 Newshound Guru Tlar In a democracy or parliamentary system, a person who loses mostly just takes a bow and congratulates his opponents. This guy tried to not only to rig this election but he still thinks he won. In other words he won't leave. He is still trying to make decisions that aren't his to make...This guy could make this a very messy change and might actually cause Iraq to descend into a worsening situation if he is not removed very soon. That's why the push to make him resign or run, and quite frankly he still may have to be removed physically by force but that could get very messy. [post 2 of 2]
6-21-2014 Newshound Guru Tlar Maliki won't admit he is out and is continually trying to beat the system by making moves. He is trying to create disharmony among the sects. He is still attempting to create a new government with him at the helm. He is still trying to stop the election process. I am quite sure he will try to disrupt the first parliamentary meeting maybe declaring them all traitors and terrorists. That's a real fear and I believe troops sitting in Kuwait will be sent in to protect the new government before Tuesday to thwart that potential. [post 1 of 2....stay tuned] 6-20-2014 Newshound Guru wmawhite Here is a translation of a very recent comment the Governor of the CBI made: .. as per my friend who's native language is Arabic: This video is saying that the Governor of the CBI Mr Turki is expressing his regret that the financial currency politics of Iraq has to deal with the current situation in Iraq. However he is assuring that the CBI has the capability of supporting the currency exchange of the Iraqi dinar to the most extent without a bar limit, and that the central bank reserve is very safe at banks outside iraq. He also noted that the reserve of the hard currency exceeds 70 billion dollars and the gold reserve is almost triple as of last year.
6-20-2014 Intel Guru DC It is our belief that we are wrapping up this roller coaster right now, and the sovereign country of Iraq is setting up it’s revaluation. We don’t know the timeline on that; the bottom line is that there is a LOT of movement, circles within circles, and the process is competed at the CBI and it’s now sitting at the BIS.
6-20-2014 Newshound Guru Frank26 [via Kelly 123] a list of things that are suppose to happen on July 1st. 1. ISX /OMX international 2. new fiscal quarter 3. "mid-year" like CBI has stated 4. "June of 2014" as CBI stated last year 5. 15 days are up since the ratification of election results on July 1st per constitution. I think we need to see an IR ( International Rate) before July 1st. IMHO!!
6-20-2014 Intel Guru TNT Tony The paperwork was approved and accepted; that’s done. They have set a time to do it, and that has not been done yet. They said it would be today, and they still have time to do it today. Until it’s actually announced, something still could happen because it always does. They submitted everything to all countries, and it’s going through whether the US wants it or not...The US will still have to participate sooner or later because this is a global event. their timeline, announcements and celebrations are scheduled, and that is what we are waiting for. Up and down as it was last night, it still hasn’t happened. However, the banks are preparing for it, and people are being put in position. We are in a super-fantastic position, and the whole world is on standby now, waiting to see if this will happen. Worst case scenario? Best thing is that it could happen in the next 15 minutes. Worst case it will be 1. July.
6-20-14 Newshound/Intel Guru Arthur [via Poppy3] The Iraqi constitutional process is that they have 15 days after the new Parliament is ratified (June 15th) to start the new Parliament session. But we now know they upped that to the 24th instead of July 1st. So on the 24th they will vote in whoever the new speaker is if isn't Najafi which I don't think it will be because he smells of the last Parliaments failures. That person will get 2 deputies voted in at that time with him. Then they will elect a President. That President will then turn to the largest Bloc which will be the new National Coalition and they will pick their candidate for PM who will then pick his Council of Ministers. All this is coordinated to happen very quickly and all we need is for the process to get started in earnest.
6-20-2014 Newshound Guru wmawhite Just an opinion concerning the revaluation of the IQD...the Prime Minister will NOT announce a change in the value of the IQD. Instead, it will be the Central Bank of Iraq. It is a financial event...NOT a political event. There is a difference.
6-20-2014 Intel Guru Frank26 He then went on to apologize that the CBI is doing the MP under this " situation" in Iraq. Fascinating to see the Governor of the CBI apologize for the GOI. T [Turki] bragged that the 70 billion they had for currency reserves has now TRIPLED!!! Said We can SUPPORT ANY RATE THE CBI wants...We can cover it. Said we have NO ceiling. T said there was no security nor enough stability with the GOI last summer so he said he would raise the value of the IQD in the middle of 2014. IOO (In Our Opinion) The end of June is the middle of 2014 or July 1st 2014. [post 3 of 3]
6-20-2014 Intel Guru Frank26 When DELTA called me He was at the point of hyperventilation, LOL, well suffice it to say he was very happy! Told me he listened 7 times to the interview in Arabic and it just got better ever time. DELTA told me it was T's demeanor that motivated him! Every response was with a sharp confidences and knowledge. T said : We, the CBI, Are NOT affected in any way what so ever to the issues in Iraq. The GOI, The terrorist, The disarray of our country has NOTHING to do with THE PLAN. Yes, He said WE HAVE A PLAN! A plan for our Monetary Policy and we are moving forward with it to make our currency more effective. The "situation" in Iraq is not going to stop our plan. [post 2 of 3....stay tuned]
6-20-2014 Intel Guru Frank26 A so called war in Iraq has caused many to Give up HOPE. But within this chaos a new species of flower has been found by DELTA last night. I will call it ...CBIanthious. The governor of THE CBI (Turki) was interviewed yesterday during a press conference with Gulf Countries! CNBC AL ARABIA TV channel ( like our NBC) talked to T [Turki] about the meeting. It was all over Iraq yesterday...FOR THE CITIZENS IMO. Timing at work. [post 1 of 3....stay tuned]
6-20-2014 Intel Guru Mnt Goat In order to go international with their Iraq stock exchange (ISX) on 7/1 they need an internationally traded currency. So by 7/1, when the Iraqi Stock Exchange is scheduled to go live internationally the question I put forward to us is this. Can they meet all their requirements of having a stable government so the USA will pull the trigger on the RV thus they can have an international currency in time for the ISX rollout? I got a call...from my Iraqi contact that told me that a high level meeting was held in Kurdistan today. A decision was made to hold the first parliament on the 24th instead of the 30th! It tells me they are concerned and need to push this new government along. This also shows me they need to have the new prime minister seated as soon as possible. [post 2 of 2]
6-20-2014 Intel Guru Mnt Goat in my opinion the USA is now beginning to do something about this Maliki situation. There are now over 4.000 US marines landed in Iraq... Do you think in the future these same troops could be made available to overthrow the Maliki government? The plans are now being made for this purpose. We all should now be watchful of the new prime minister being seated. This will be happening very soon. This will be the spark that will set off a wildfire of activity in Iraq...This will be the final straw for Maliki as he will try one last very desperate attempt to oust the new prime minister and sabotage the efforts to establish the new Iraq government. He will not be successful. [post 1 of 2....stay tuned]
6-20-2014 Intel Guru SteveI I would like to dedicate this post to Nouri al-Maliki saying "Farwell and Good Bye"! Based on many articles I will stick my neck out there and predict Ahmed Chalabi as the next Prime Minister of Iraq! I will also predict that something huge will happen to our investment before the end of this month.
6-20-2014 Intel Guru Frank26 I just get got off the phone from talking with DELTA. He is Ballistic! What DELTA found is Turki saying some Powerful Supportive statements of the MR (Monetary Reform)! Basically That NOTHING will stop their PLAN!!!
6-20-2014 Newshound Guru Tlar The drumbeat is getting louder and coming from all directions. The "heat" is being turned up by the hour. Everybody but Maliki himself is saying he has got to go. Countries in the area including Iran, the US, the European Union, the UN and the people inside his party and citizens in his own country, all chanting no more Maliki. This is a well coordinated movement to remove him. This is Friday and we will see if by Tuesday he tries to do something very stupid or he finally gets the message.
6-20-2014 Intel Guru Bluwolf Rates still looking good and banks have been alerted.
6-20-2014 Intel Guru MarkZ So much has happened this week, we are at a boiling point in a good way. Blessings are coming...
6-20-2014 Intel/Newshound Guru Poppy3 THERE IS A HARD PUSH BEING MADE TO COMPLETE EVERYTHING BEFORE JULY 1. ...THEY WANT THE NEW GOI AND THE NEW RATE ON THE CURRENCY THIS MONTH NOT NEXT. NOW LETS JUST HOPE THEY CAN MOVE EVERYTHING UP AS THEY APPEAR TO BE TRYING TO DO. STAND BY FOR MORE GOOD NEWS IN THE COMING HOURS.
6-20-2014 Intel Guru Delta CNBC AL-ARABIA CHANNEL INTERVIEW WITH TURKI FROM MANAMA BAHRAIN: "NO WORRIES FOR THE IRAQI DINAR, WE ARE PLANING TO MAKE THE MONTEREY POLICY MORE EFFECTIVE, WE HAVE THE PLAN FOR THAT, WE REGRET THAT THE CBI WILL TAKE MONTERY DECISION IN DIFICULT SITUATION. AND WE WILL SUPPORT ANY EXCHANGE RATE THAT THE CBI SELECT WITH NO PROBLEM." SO BASE ON THIS INFORMATION, IT LOOKS LIKE THE CBI WILL MAKE THERE MOVE NO MATTER WHAT...THIS IS HUGE. 6-19-2014 Intel Guru Hub dont know if this means anything, but a very good friend that works for a BIG oil company that has people in Kurdistan says he sees nothing but oil pumping and a lot of people making a lot of money...his guy is saying there is no civil problems, they are pumping oil and all is happy...and this is in Kurdistan.
6-19-2014 Intel/Newshound Guru Poppy3 NEWS THIS WEEK ALL STANDS OUT TO ME THAT WE ARE CLOSING IN FAST ON MALIKI BEING GONE FOR GOOD...HE IS NOW THE MAIN TARGET OF EVERYONE INCLUDING THE VERY PEOPLE HE CALLED ON TO DISRUPT AND KILL MANY OF HIS COUNTRYMEN JUST TO PROLONG HIS REMAINING IN POWER. THE USA, AND ALL UNITED NATIONS GROUPS ARE ALL PUSHING FOR HIS REMOVAL AT THE SAME TIME. WE ARE IN GREAT SHAPE AND THE RV IS IN OUR NEAR FUTURE I AM CERTAIN OF IT...WE WILL ALL BE CELBRATING SOON.
6-19-2014 Newshound Guru wmawhite ...amazed that how this is playing out in front of us and the mass media is totally in the dark about everything happening in Iraq...enjoy what the CBI is telling us and what they are doing. I truly believe this is about to happen during the middle of 2014. That may be at any time. We know this because the Governor of the CBI has told us this.
6-18-2014 Newshound Guru Adam Montana [IF it comes to past (?), do you think it might be a possibility to trade in, what we have now, for what might be Kurdish dinar?] Yes indeed! I do not under any circumstances think that the currency we hold will suddenly become "worthless". If the currency is changed, there will be a period of time to exchange it.
5-19-2014 Intel Guru TNT Tony Congrats Iraq- We understand you completed all the docs and processes required for the RV. Looking forward to the growth and success of your country!
6-19-2014 Intel Guru Frank26 "Mosul gave us many things, one is oil prices to go up just pre RV...Needs to reach 110 to 120." Well alright alright then.
6-19-2014 Newshound Guru Tlar The Sunni rebellion is the same. In Mosul a Sunni city supposedly held by the the insurgents...People are coming and going crossing two check points. No shots being fired. No fighting. Life has pretty much returned to normal for Mosul. This my friends is a CIA operation pure and simple the purpose of which is to remove Malki under the guise that terrorists are over running the country. The net result, the map of Iraq has been redrawn. Things that would have never been done through negotiation with Maliki's government are now corrected. As far as I have been told, it is imperative that once the government has been announced we will see two things. The first is world support for the new government in fighting terrorism. The second is an RV. For some reason it seems to be extremely important to those in control that Turki pull the trigger on or a little before July 1st. [post 4 of 4]
6-19-2014 Newshound Guru Tlar So what's really going on? The Kurds have recaptured what was the Kurdish territory...Maliki has occupied this Kurdish city since the beginning of his reign with the Iraqi army...This is the major city in the disputed territories rich in oil and is the fundamental reason for the fight over the disputed territories (article 140). The Iraqi army that was stationed in Kurkut that was there to "defend it", just dropped there weapons a fled. The big question is, who ordered the Iraqi army that was there to defend Kurkuk to lay down there weapons a leave? Simple answer. It was the CIA. Today the issue of article 140 has been resolved. [post 3 of 4....stay tuned]
6-19-2014 Newshound Guru Tlar The US does not want to be seen supporting the Maliki government, so you will not see any help until the new government finally announces itself. So look for Tuesday to see this new government meeting, and look to Friday to see it come together enough to be announced to the world. Maybe sooner. They want everything to be done constitutionally. No short cuts. No mistakes. Follow the constitution. They want to make sure there is no SOL or wiggle room for Maliki or any legitimate challenge. [post 2 of 4....stay tuned]
6-19-2014 Newshound Guru Tlar People in dinar land are scared that their investment has gone in the dumpster. I don't want you to think what you are witnessing in Iraq is total chaos or anything close to that. In the beginning this was never a take over by the ISIS....this is not what you are seeing in our press. This is not and has not been an insurgency of terrorists...The Obama administration is trying to remove Maliki. Maliki was strongly advised to leave two days ago. To date he has not heeded that advice. Maliki just announced today that the elections are now on hold. Nothing could be more further from the truth. Saleh Mutlag followed up in an article with a call to hold the first parliamentary meeting this coming week stating that they will elect a President and his deputies followed shortly by the announcement of the PM position. [post 1 of 4....stay tuned]
6-19-2014 Intel Guru Frank26 [IF JULY 1ST THEY SET GOV AND JULY 1ST THE KEY CARDS ARE READY, WON'T THE RATE HAVE TO COME FIRST?] IMO...Yes or Simultaneously.
6-19-2014 Newshound Guru Millionday "A source familiar with the Presidency of the Republic, on Wednesday that Vice President Khodair al will call the new parliament to hold its first session next Tuesday." it looks like they have moved it up a WEEK -- HUGE NEWS they have so much planned and they have moving alot up in the past week.
6-19-2014 Newshound Guru Stryker Article: "Lawmakers, allies reportedly press White House to withdraw support for Iraqi PM" Article quotes: "The Wall Street Journal reports that U.S. officials have indicated their desire for Iraq's political parties to form a new government without Maliki that would comprise representatives of the country's Sunni and Kurdish communities." "The Shiite Maliki's party received the most votes in Iraq's parliamentary election this past April, but it did not receive enough to form a majority government. Maliki's efforts to find partners in a coalition government have so far been in vain." FINALLY THE U.S. MEDIA STARTS REPORTING THE REAL NEWS IN IRAQ...IT TOOK YOU GUYS LONG ENOUGH...
6-19-2014 Newshound Guru Enorrste ...the CBI continues on its merry path toward moving from Article 14 to Article 8, as is evidenced by Turki’s statement yesterday that he is preparing to bring the dinar to the world stage. Maliki is using this "crisis" to get exactly what he wants: a continuation of his role as PM. He will promise these people anything they want, and then do whatever he wants afterwards. That has always been his modus operandi. The "crisis" will be shown to be his ticket to a third term. [post 2 of 2]
6-19-2014 Newshound Guru Enorrste Article: "Iraq To Be Partitioned Into Three Independent States?" I just don't think that a partition is even on the table at this time. What is on the table is to solve the insurgency crisis. You don't have to partition the country to do that. The entire idea of a 3 state or 3 country solution is “pie in the sky” talk. It will not happen...there is no majority will for this to happen. That in itself is necessary. Maliki receives no benefit at all from a breakup of his country. ...things like the breaking up of a country into 3 parts is not easy. In Yugoslavia it tooks years and UN intervention before anything was accomplished. [post 1 of 2....stay tuned]
6-19-2014 Newshound/Intel Guru BGG White House calling for Maliki's removal today. [Removal, as in voluntary or involuntary?] involuntary. [when are they looking to force him out?] Sounds like soon. [Do u think they will press charges against him?] The UN will - I am fairly certain. [So, if M is forced out in the next day or so, how long afterwards till the CBI decided to RV?] they just said early 2015, Maliki inner circle says before Aug - I don't think there are any hard answers just yet. [Will Turki even be there next year?] I highly doubt it. [Maybe this is the smoke they said would come right before the rv?] not impossible.
6-19-2014 Newshound Guru wmawhite amazed...how the CBI continues to makes preparation for the IQD. If Iraq was truly coming apart as the media reports...why would the CBI make this statement? Quote: "CBI: our reserves "safe" with banks abroad...CBI Governor Turki has said that the Iraqi reserves are safe and contained in banks abroad...the CBI has the ability to support the exchange rate of the dinar to the fullest extent...and without a roof"...without a roof... a ceiling...no limit to its value. [post 2 of 2]
6-19-2014 Newshound Guru wmawhite one friend of mine has been sending me numerous alerts about currencies from around the world that are adjusting up and down all in reference to Iraq...he is of the opinion that these currencies are being adjusted prior to the CBI announcing its new value. there will be no GCR...however, prior to the IQD's new value is released...many currencies will need to be adjusted...they may be doing that now...all currencies that are traded have a value in relation to each other...now insert the IQD which we believe will be quite valuable...all other currencies will need to be adjusted. [post 1 of 2....stay tuned] 6-18-2014 Intel Gurus TNT Tony & DC Then he came on the news and announced (with the CBI) that we are doing this based on prior agreements. We are going to the RV on Friday, with a specific rate and time...they have done all the agreements and have announced it will be on Friday. He has announced it throughout the entire world and throughout Iraq. The US mainly wants a stable Iraq, so instead of power-sharing, they are trying to get other positions filled by others than Maliki, to form a more inclusive government. In essence, Maliki has thrown down the gauntlet to everyone. Everything looks phenomenally good. Even Chalabi is happy with the position he’s been offered. Maliki has said THIS is the date and THIS is the rate, and that has never happened before. We have to wait and see. [post 3 of 3]
6-18-2014 Intel Gurus TNT Tony & DC That was yesterday. The US said, “Wait, hold on!” So the US stopped it again for various reasons. But the CBI said they calmed everyone down, and it’s our country and we’re doing this. That fight went back and forth several times last night. CBI is still geared up to get this thing out. Now Maliki is no longer the PM although he is acting like it. M said, “If I can get this RV done here, today, what about making me PM again?” A lot of the folks came back and said, “If you get it done, sure. Good luck.” He got smacked down last night, so how could Maliki get this accomplished? [post 2 of 3....stay tuned]
6-18-2014 Intel Gurus TNT Tony & DC [via Adept1] Maliki basically told everybody he would do it just before the government had it’s last power. At the last minute, the US came in with security problems and saying it was not great for us right now. In essence, they worked out a deal. Bottom line, M got what he wanted, and President Obama got what he wanted...It was a good deal for both Maliki and President Obama. They seated the government yesterday...They announced the seating of the government and...Chalabi said he would be the next Prime Minister. Meanwhile, the CBI said, we are tired of all this, we don’t like the agreement, and we are doing it now that the government has been seated. They notified the BIS , and the BIS notified all the other central banks. [post 1 of 3....stay tuned]
6-18-2014 Newshound Guru Aggiedad77 Article: "Iraqi dinar regain "a bit of stability," a week after wobbling because of security threats" CBI claims they have sufficient reserves to address the current crisis and maintain the exchange rate...basically business as usual for them...there were increased demands for the dollar last week amidst the security crisis as it unfolded but this week has seen more stability.
6-18-2014 Newshound Guru Adam Montana [Whoever pulls the trigger on financial prosperity (RI/RV) stands to create loyalty and promote stability. The way I see it, it still just remains a matter of time. IMHO.] I do agree with you - while it's not encouraging to see the current happenings, Iraq has come very far and I don't think this is going to destroy the important structure that Iraq has rebuilt nor do I think this will put an end to Iraq's potential and future progress.
6-18-2014 Intel Guru Okie_Oil_Man AUTHORIZATION TO THE BANKS FOR THE EXCHANGE CAN ONLY BE MADE BY THE UST AND NOT ANY GROUP OR INDIVIDUAL. YOU WILL ONLY EXCHANGE AT THE PROPER TIME AT A BANK THAT HAS THE AUTHORIZATION AND A REPRESENTATIVE OF THE UST AT THAT BANK. THE QUESTIONS SURROUNDING THIS POST WILL BECOME MORE TRANSPARENT AND PROVED WITH LATER POSTS. I PLAN ON MAKING ANOTHER POST LATER ON TODAY AND WAS REQUESTED BY THE UST TO MAKE THIS POST IMMEDIATELY TO PRECLUDE PROBLEMS WITH UNAUTHORIZED INDIVIDUALS OR GROUPS. REGARDLESS OF WHAT YOU HEAR DO NOT CALL BANKS, DO NOT GO TO BANKS, DO NOT INTERFER WITH AN ONGOING PROCESS. [post 2 of 2]
6-18-2014 Intel Guru Okie_Oil_Man THIS IS AN OFFICIAL AUTHORIZED POST. THERE ARE GROUPS BEING FORMED FOR THE PURPOSE OF EXCHANGING YOUR FOREIGN CURRENCY. AS PER US TREASURY SOURCE NONE OF THESE GROUPS ARE AUTHORIZED BY THE UST AND ARE NOT CONSIDERED AS A AUTHORIZED OR RECOGNIZED GROUP. AT PRESENT THEIR ARE ONLY 1 AUTHORIZED GROUP AT THIS TIME. YOU UNDER NO CIRCUMSTANCES ARE TO SEND YOUR DINAR TO ANY OF THESE GROUPS. THEY HAVE NO AUTHORITY TO FORM OR BE RECOGNIZED AS A VALID AUTHORIZED GROUP REGARDLESS OF WHAT THEIR STATEMENTS ARE TO YOU. [post 1 of 2....stay tuned]
6-18-2014 Intel Guru TNT Tony All good news but no action (yet).
6-18-2014 Intel Guru Frank26 Do not know the date but my Spirit says once the CBI is Satisfied with the GOI...We will see an IR (International Rate). Because in further examination I strongly believe the IMF is Satisfied with the CBI. The way my Spirit sees it is that we have something in common with the CBI and IMF...We are both watching and waiting.
6-18-2014 Newshound Guru Adam Montana The current situation is pretty serious over there - ISIS is not a good organization and they are making progress in their initiative to take control. If the GOI doesn't start handling business, it's going to get worse. It's my opinion that Iraq is going to need outside help - they simply aren't doing an effective job of defending their cities. My thoughts and prayers go out to the innocents that have and will be affected by the current situation, and I hope to see a quick end to the radical terrorist invasion that is currently taking place. [post 2 of 2]
6-18-2014 Newshound Guru Adam Montana ...while Iraq has taken a step back, and I don't expect to see this blow over very quickly...all is not yet lost. There will be no RV tomorrow or this week or probably not even this month, which takes us right into Ramadan (basically the whole month of July). In the past, I have always maintained that no RV would happen during Ramadan. Depending on how the next couple weeks go, I may change my stance on that statement...we will just have to watch as events continue to unfold. [post 1 of 2....stay tuned]
6-18-2014 Intel Guru Delta On Iraqi tv they announced to the citizens: we told you about the Qi cards and you are to report on July 1st to get paid.
6-18-2014 Newshound Guru Chattels Market Rate bounced upward to 1,217 today. [is that because the cbi is charging for a larger spread?] not sure of such. what occurred to me is that one should expect some change given the dramatic circumstances in Iraq if the auction info is REAL.
6-18-2014 Newshound Guru Millionday Article quote: "House of Representatives held its first session of the newly elected for the 2014-2018 legislative session in 30 of the current month of June, after the passage of 15 days from the date of approval of the Federal Court on the results of the parliamentary elections as stipulated by the constitution after the Court confirmed the results on Monday 06/16/2014." the calculation of this order puts the new parliament in their chairs on the July 1st date... excuses will not be listened to this time...the new names were certified and done...and they shall start work in two weeks... they are saying that the four names that did not make it through the certification process will not hold up the seating of the parliament due to the constitutional orders and compliance -- they will be working and sworn in with the names of president and deputies by majority vote -- dont even need quorum.
6-18-2014 Newshound Guru Aggiedad77 Article: "CBI: our reserves "safe" with banks abroad" CBI Governor Turki has said that the Iraqi reserves are safe and contained in banks abroad...the CBI has the ability to support the exchange rate of the dinar to the fullest extent...and without a roof...interesting choice of words....gold reserves have been doubled three times just in the current year...the masterful things the CBI does while everyone's attention is on other things.
6-18-2014 Newshound Guru Kaperoni [if they let it float right now its already going in the downward motion . whats to keep it from falling more and more every day. the only reason its where it is now is that the CBI is holding it there.] the dinar is managed now through what is termed a "currency board" or fake daily auction where citizens buy dollars, sell dinar in country under Article XIV. The value of the dinar is in a pegged "exchange regime" to the dollar. The exchange rate does not move and only the Market Rate changes based on these auctions. When the CBI moves to Article VIII and the dinar becomes a worldwide convertible currency, it also will have a new "exchange regime" in which the currency will no longer be pegged to the dollar and will some sort of float thus allowing it to find its true value based supply and demand as the world sees its worth. Significant difference here from an internally managed currency to a real world currency. 6-17-2014 Intel Guru Okie_Oil_Man [via Sambo] ...WAITING FOR THE AUTHORIZATION TO MAKE THE POST. [reference Okie's prior post 6-17-2014]
6-17-2014 Intel/Newshound Guru Poppy3 I HAVE QUOTED MANY TIMES WHAT THE CBI GOVERNOR STATED AND WHAT THE IMF HAVE STATED AND EVEN PLACED ON THEIR WEB SITE FOR 3 DAYS. $3.22 PLUS UP TO 20% MORE FOR POSSIBLE INFLATION DURING AND SINCE THE WAR STARTED AND YES THERE HAS BEEN MUCH INFLATION AND INCREASE IN RESERVES SINCE THAT TIME SO THE RATE WILL BE ACCORDING TO WHAT THOSE FIGURES BRING THEM. WE KNOW ALSO THAT THEY HAVE STATED MANY TIMES THEY WILL BE WITHIN 10 CENTS UP OR DOWN TO KUWAIT AND I READ TODAY THAT KUWAIT IS NOW AT $3.65 SO THAT WOULD GET US FROM $3.55 TO $3.75. NOT SET IN ANY RATE FOR SURE BUT JUST POSSIBILITIES. [post 2 of 2]
6-17-2014 Intel/Newshound Guru Poppy3 RV IS STILL A FEW DAYS AT BEST AWAY BUT IS STILL MUCH CLOSER THAN EVER. THE GOI AND FINANCIAL BODIES ARE STILL PLANNING AND MOVING FORWARD. POLITICAL DEADLINES AND FINANCIAL DEADLINES HAVE BEEN SET AND ANNOUNCED BUT WE ALL KNOW THEY ALMOST NEVER HAPPENS ON THE DEADLINE BUT THEY WILL NOT MISS THEM MUCH. MUCH TALK ABOUT RATES AGAIN...AND ZERO HAS CHANGED ABOUT RATES FROM ANYONE THAT HAS ANY SAY ABOUT WHAT THE RATE WILL BE. [post 1 of 2....stay tuned]
6-17-2014 Intel Guru Mnt Goat I believe we will see the RV soon as I have stated many, many times but only when parliament is seated, the president is seated, the prime minister (Chalabi) is seated, and all his ministers are seated. They (meaning the USA) are not going to repeat the mess they had back in 2010 with Maliki. They will use the currency reform as leverage to get the government formed and fully functional. Then they will pop the currency out to the international markets...this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable and is a functional government. This is has been the plan all along. [post 2 of 2]
6-17-2014 Intel Guru Mnt Goat Finally yesterday the Federal Court announced the ratified of the election results. However there are 4 candidates that are being withheld...The reason for not ratifying these candidates is unknown... It was...announced yesterday in Iraq that Ahmed Abdel Hadi Chalabi would be the national alliance/citizens coalition’s candidate for prime minister. I have an excellent source in the Iraq government and they are telling me Chalabi is the new prime minister, as we will all witness very shortly. I can see Iraq is trying to progress quickly in the completion of setting up their new government. [post 1 of 2....stay tuned]
6-17-2014 Newshound Guru Stryker The news is much better than reported on our main stream media folks...
6-17-2014 Intel Guru TNT Tony Yes it is true. A new PM in Iraq and it is official. Government officially seated today. We are next.
6-17-2014 Intel Guru Okie_Oil_Man 4.40PM CST-- I EXPECT TO BE MAKING A VERY IMPORTANT ANNOUNCEMENT WITHIN THE NEXT FEW HOURS---AS PAUL HARVEY USED TO SAY--"STAND BY FOR NEWS"!
6-17-2014 Newshound Guru Aggiedad77 Article: "Will chair the opening session of the new parliament and government rescue of the free and the citizen and the other blocks, headed by Chalabi" This is awesome news and comes on the tail of [Guru] Frank's announcement ...that Chalabi would be the name put forth by the National Coalition as Prime Minister when the new Parliament comes together for their first session...with this new government it is expected that a reformatted agreement with the US will be forthcoming...
6-17-2014 Intel Guru Frank26 ...our opinions on C [Chalabi]...For now this is ONLY A nomination. They will share with You at a very slow pace. ...worry not about what they say...Focus instead on what they do. They want You to understand their feelings as a nation on who they want as PM. While M [Maliki] invokes all methods to keep his position as PM ...Attention is turned to C [Chalabi]. There are many CHANGES forming in Iraq...IMO a change of PM would compliment a new Beginning.
6-17-2014 Newshound Guru Tlar We have seen only one article so far that the NA chose Chalabi as their PM. Originally I thought maybe it had been released early and it was pulled. It turns out the newsite that released it went down right after it was released and that the article is most likely a good article. So this is not over but it should be over very soon. The next government will be formed before the end of the month. Maliki will be out. [post 2 of 2]
6-17-2014 Newshound Guru Tlar Maliki refuses to leave in the face of countries all over the world telling him to get out. He lost the election but still he stays. He has lost his immunity but still he stays. This morning he announces that he doesn't need emergency powers because he already has them under a law he tried to push through parliament a while back, - THE NATIONAL SAFETY LAW. Parliament did not approve such a law. This morning the legal guys in Iraq have said this is another illegal move to stay in power and that it does not give him any powers to act as though a state of emergency exists. [post 1 of 2....stay tuned]
6-17-2014 Intel Guru Frank26 [via R601a] parliament seated before the end of this month...ISX international on July 01 - will need real value...Maliki in caretaker mode...Turki said mid year major changes will happen to currency...Expect announcement this week that political situation is under control - ie stability...something VERY important to be announced in next 2 weeks...Delayed issue of Qi cards that were to be issued last weekend - waiting for RV?...Qi cards when issued will be international at the NEW RATE - contractors are being held up using these cards...All laws relevant to RV have been passed and processed.
6-17-2014 Newshound/Intel Guru Eagle1 [via R601a] [We passed the 15th will we see a seated Gov in June?] IMO by 28 - 29th June.
6-17-2014 Intel Guru Delta [via R601a] No gov seated in June. Parliament seated in June. Gov will not start until end of July to the middle of August. But this has nothing to do with the monetary policy. CBI can RV at any time - fully authorized to RV at any time they wish - very likely within the next 2 weeks - was told that a major announcement near the end of June...be happy - something very good is going to happen very soon.
6-17-2014 Newshound/Intel Guru Bluedog I HAVE BEEN WATCHING THE OIL IN IRAQ AND ALL OIL COMPANIES HAVE HAD NO PROBLEMS...IF YOU WERE ISIS YOU WOULD HIT THE OIL FIRST (WINK)...THATS IRAQS ECONOMY BUT OIL GOES ALONG WITH NO PROBLEMS.
6-17-2014 Newshound Guru Stryker Article: "Asadi: the first session of the new parliament after consulting political leaders" the Vice President Khodair will call the first session and it looks like they could call it early, after determining the right date...the first session can be held anytime after the ratification of the election results but before 15 days from the date of ratification. My point is, they can speed up the process to help boot Maliki to the curb and take control of the mess he has caused.
6-17-2014 Newshound Guru Kaperoni [...why did the CBI jump 57% today...] a 57% jump in sales in the daily auction means that there was an increase in demand for dollars which in essence means Iraqis are probably dumping the Iraqi dinar in wanting the dollar. when demand goes beyond the cost of imports and it becomes the citizens desire then the currency in the country becomes less desirable which is not good for us. 6-16-2014 Newshound Guru Stryker We still need confirmation on this one but it sure looks like Maliki is out and Chalabi looks to be the one and only National Coalition nominee. Confirmation is the key but it sure is looking good folks!
6-16-2014 Intel Guru TNT Tony A month ago, two weeks ago, Friday we didn't think we'd have to wait for the new PM. But it's now part of the new agreement and it's not going to be weeks or months. We're getting calls from people over there telling us it's not like what we're seeing on TV here. There are some things going on but not like that. We are still in a good place and things are moving along very fast. We are almost there. [You think we have a good opportunity for this week?] Yes, you should have been in there this morning. If I have to give a back wall, it would be July 1. But the plan isn't for it to go that far. [post 2 of 2]
6-16-2014 Intel Guru TNT Tony [via Adept1] You should be at the bank right at this moment. But the schedule was blown apart. I want to give more details without getting us in trouble. Okay, lots of money at stake. It's Maliki's last day/week in office and things could get out of hand. Some could take money that doesn't belong to them and run. Some could be forced into those situations here at the last minute. It has gone as far as some reaching out to others asking for help to protect their money. Those issues had to be worked out and a deal was put in place. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru DC [via Adept1] Bottom line is that a very last-minute agreement was reached at the very last minute to not release this to the public until the GOI is seated and going through. They wanted a smoother transition. We understand that's any minute, any day. They are announcing they have the votes and it frees up again when it becomes official and goes forward. [Do we have to wait until 7/1 for them to announce the new GOI?] They are supposed to announce the new GOI at anytime, any day. Could be at any time. I'm going to say that things are looking extremely good.
6-16-2014 Intel/Newshound Guru Poppy3 JUST GOT ANOTHER TEXT SAYING PM NAMED A COUPLE HOURS AGO BUT HAVEN'T CONFIRMED THROUGH ANY SOLID SOURCE AS OF YET...I WILL HAVE TO SEE IT ANNOUNCED BEFORE IT WILL BECOME REAL TO ME. WE NEED TO JUST WAIT TILL THE BIG DOGS TELL US FOR SURE. [is it possible that the RV could still come roughly the same time as the PM announcement?] I DON'T THINK THEY WILL BE FAR APART. SEVERAL THINGS STILL PENDING AND THEY CAN ALL HAPPEN ALMOST SIMULTANEOUSLY...THEY HAVE REPORTED THE HCL AND 140 AND TARIFF LAWS AND REGULATION ARE AGREED ON AND JUST NEED IMPLEMENTATION.
6-16-2014 Newshound Guru Tlar I am confident that everything will work out once Maliki is gone. I will not minimize what has happened and is happening is not serious and could get worse. It is difficult to remove a dictator and no one really knows in the end what measures you will have to go to, to do it. I would point out that no one is backing this government which I find strange. Everyone is backing the people of Iraq. That's why I continue to say this is not what it seems. No matter the truth of what's going on will come out very soon. Iraq will have a new government. By the way, the CBI has been continuing through this crisis to make the changes in preparation for something. It has been business as usual for them. They don't seem to have missed a step. [post 2 of 2]
6-16-2014 Newshound Guru Tlar Many residents are returning to the towns that are listed as taken over In Mosul which is the 2nd largest city in Iraq there are two check points going into and out of the city. People who evacuated are already returning and yet the city is still under control of "the insurgency". I realize the news we are getting in this country tells a different story and it is somewhat because of the confusion on the ground, but this will soon sort itself out unless something new comes into the picture. [post 1 of 2....stay tuned]
6-16-2014 Newshound Guru Millionday ...there is a lot on the news of fear in Iraq of civil war -- the service men and volunteers have done a great job but there is a lot of violence in the country. Article quote: "Despite the challenges and difficulties faced by Iraq, but the property rights guaranteed are not affected by the current crisis..." the country is actually showing a healthy isx in country. they are monitoring for compliance and also looking at the index to see if the security problem is causing a drop and it seems -- not much -- thats great. this means that the constant or predictable rate that is imposed now is holding so they are being successful -- stability in the market especially in a time such as this is very important and obviously they are showing stability.
6-16-2014 Newshound/Intel Guru BGG this is still the "End Game..." for Maliki. It is becoming more and more widely accepted that Maliki is really bad for Iraq. Lots of news pieces. I didn't expect him to go quietly...It is a complex situation - many human rights tragedies going on... it is heart breaking. The financial aspects are - minor in comparison. We should be in prayer for this nation. It is in some peril. I believe it will get worked out quickly once leadership change takes place. [how long before you think it will take to get the government changed?] tough to say - supposed to have elections certified and new Parliament seated soon.
6-16-2014 Intel/Newshound Guru Poppy3 I WAS...TOLD THE ELECTION RESULTS WILL BE ANNOUNCED WITHIN THE NEXT 72 HOURS. LIKE I HAVE SAID BEFORE THEY HAVE NEVER MET THE FIRST DEADLINE... THE GOOD NEWS IS THEY ARE STILL ON IT AND MOVING TO FINALIZE ALL THE STEPS THEY NEED TO ACCOMPLISH. I THINK IT IS POSSIBLE THEY WILL ANNOUNCE THE RESULTS TOMORROW [MONDAY]. TIME WILL TELL THE FACTS.
6-16-2014 Intel Guru Frank26 If we have SECURITY and STABILITY then watch the OIL of IRAQ flow like LAVA. The KURDS are in control is not just a catch phrase...It is A PLan. Articles are good but the KEY is we are BACK to the end of o's [Obama's] mistake in 2012. As if our USA Troops never left. Article 140 is alive again. The cost for oil goes up and so does the SALE of it? Not ironic...A Plan. Back to the end of 2012 when o made his mistake to pull out of Iraq TOO EARLY! USA TROOPS...Only...BACK in Iraq. A Plan! IMO, MR (Monetary Reform) Dominoes are falling like Giant Redwood Trees.
6-16-2014 Intel Guru TD The Kurds also have grabbed Tikrit and they are ready for an independent state. IT IS VERY POSSIBLE that a new state dividing the nation into 3 factions is the ultimate outcome after the fighting and sorting through is done. EVERYONE in Iraq is disgusted with the status quo and each faction says THEIR future does not include the other two. Whatever happens, this sad mess will take months & months to sort through. [post 2 of 2]
6-16-2014 Intel Guru TD Calling real time events being covered by now, the world media, "smoke", "sideshow", etc. is a real insult to those who are living it and suffering from the breakdown of Iraq. IMHO, posters need to be more respectful to this human tragedy. It is "real" and it brings about severe uncertainty for the immediate future. We have to keep in mind the Sunni-Shiite discourse has it's roots back to the 17th century and will NOT (this time) just evaporate. ISIS is still gaining and NOT being defeated or retreating. By stealing over $400 million dollars (in Mosul), capturing military hardware, etc. from the GOI, it has momentum, the might & funds to furnish it's cause. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru Hub [we need the dinar history post - motivational.] well here we go...go to the 1955 funk and wagnels and you will see the iraqi dinar exchange value was $2.55, at that same time, the dong was $2.20 and it kept its value until france went into the country...and we all know the dinar was $3.22 with sadam...so now that all the unbelievable resources found in iraq, it has to go up to the value of the country.
6-16-2014 Intel/Newshound Guru Poppy3 Article quote: "Days after Iraq's second-largest city fell to Al Qaeda-inspired fighters, some Iraqis are already returning to Mosul, lured back by insurgents offering cheap gas and food, restoring power and water and removing traffic barricades." Only days after Mosul fell, Iraqis return to find lower prices, restored services and more. like old POPPY3 TOLD YOU THINGS WILL CHANGE FOR THE BETTER VERY FAST.
6-16-2014 Intel Guru Bluwolf THE OCCURRENCES IN IRAQ IS JUST A SIDESHOW THAT WILL DISAPPEAR...SEE THIS IS HOW COVER UPS TRANSPIRE AND THIS IRAQ ISSUE IS JUST THAT, A BUYING OF TIME IN ORDER TO GET SOMETHING PUT IN PLACE. I WILL SAY THIS THOUGH...WE ARE FINALLY THERE FOLKS NO MATTER WHAT IT MAY SEEM LIKE... [post 2 of 2]
6-16-2014 Intel Guru Bluwolf THE CURRENT STORM OF EVENTS IN IRAQ DOES NOT CHANGE THE IMMINENT GLOBAL RESET. NOTHING HAS CHANGED FOR I HAVE NOT RECEIVE A WORD ON THIS SUBJECT. THE UST IS ON LOCKED DOWN AND BANKS HAVE BEEN ALERTED. SOME...ARE SAYING THAT THE DONG WILL COME OUT TOMORROW [MONDAY] AT .47 AND THEN GO UP WITHING 4 OR 5 DAYS. THIS I DO NOT BELIEVE TO BE TRUE. THE DONG DOES NOT NEED TO FLOAT FOR IT ALREADY IS A TRADEABLE CURRENCY. THE INTERNATIONAL RELEASE SHALL BE COMING OUT FULLY ALL 198 COUNTRIES SHALL APPEAR AT THE SAME TIME. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru Jester I DO NOT SEE THAT MUCH HAS CHANGED IN THE WAY IT NEEDS TO START PROGRESSING YET... HIGH HOPES THAT SOME OF THE THINGS GOING ON WILL GENERATE SOME MOMENTUM FOR THAT FIRST DOMINO TO FALL...SEEMS LIKE EVERYTHING IS LINING UP.
6-16-14 Newshound Guru Tlar So by Monday, Tuesday or Wednesday we should see the process again moving along only IMO it will move quickly because all the main players have already been chosen and agreed to. So potentially up to Friday next week everything will continue to look confusing especially if you are reading the US media. Everything will become much more clear by next Friday or before. The crux of the hold up is the election results not having been ratified yet. [post 2 of 2]
6-16-2014 Newshound Guru Tlar The process to change the country has begun. Maliki tried to get the federal court to grant him the state of emergency and they declined. So he just declared it all by himself. Everyone is ignoring his self proclaimed state of emergency. The parliament is the only organization that has the power to grant a state of emergence and rather than do that they called for the government to resign. ...the election results will be released in the next two to three days. The election committee had reported that the numbers floating around a week ago will not change much. Once the election results are ratified the new parliament will meet and get down to the business of changing the government which is now operating under a caretaker government. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Eagle1 IMF and World Bank are also waiting for the formation of the new government so that they may finalize the rates of Iraqi dinar against US dollar. Our sources say that they already have given the rates to the IMF, the lower and higher for the completion of the revaluation of the Iraqi dinar. The final discussion is left for the implementation of revaluation of Iraqi dinar. A member of finance committee of Iraq told us that revaluation of Iraq dinar will be occurring in the next couple of days as the new government is formed after fulfilling the legal procedure. [post 2 of 2]
6-15-2014 Intel Guru Eagle1 The new government is going to take its responsibilities by the mid of this month - means before the 15th of June. The priority of the Nuri Al Maliki administration is to increase the value of Iraqi dinar in the international market. Now it is time to play, as the ground is ready and the stage is set for them. Just a few political issues are behind the scene that are major obstacles for the government and central bank of Iraq to take action. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Delta THERE IS A LOT OF WRONG INFORMATION COMING THROUGH THE MEDIA, CNN, FOX, ETC.
6-15-2014 Newshound Guru Aggiedad77 We know that things are not as they appear, especially with the bought main stream US media...information precedes anything the media itself can or will divulge...by three days to a week...IMO...all is good...the store will be having a "Grand Reopening" soon..."Under New Management."
6-15-2014 Intel Guru TNT Tony we are still going in the right direction; just slowed down a little. Still looking for a great Monday.
6-15-2014 Newshound Guru Tlar FLASH NEWS. Maliki appoints himself premier of Iraq. His Excellency wants to be called king and everybody to bow in his presence. Can he do this? NO. This is about as effective as declaring your own state of emergency. So who listens to him anymore? Certainly not the opposition. This fool can declare unilaterally anything he wants. No one is paying anything more than lip service to him until he is gone.
6-15-2014 Newshound Guru Millionday the reforms in the country will not be held up by terrorists...the ministry of finance and the parliament and CBI will still be working and the plan for the country will go on --- they will just be taking care of the terrorism in the department of defense. [post 2 of 2]
6-15-2014 Newshound Guru Millionday [Did I just read that they're going ahead with economic and monetary reform before the budget is done?] yes and this is not the first time we have seen it -- Turki held a press conference when the banks notified him that they were prepared with their part and stated he would move forward with or without it in place [so every action is moving in a positive direction?] yes it seems as though with the economic announcements we have seen that they are as ready as they say they are...and all the talk of their market and how they are going to make a huge impact in the global market...that would make no sense unless THEY PLAN TO BE INTERNATIONALLY RECOGNIZED... [post 1 of 2....stay tuned]
6-15-14 Intel/Newshound Guru Poppy3 MY INVESTMENT IS SAFE...MY DECISION IS MADE I AM GOING TO SEE THE RV AND I AM GOING TO SEE IRAQ DINAR TRADED INTERNATIONALLY IN JULY JUST LIKE THEY STATED SEVERAL TIMES. MALIKI WAS INJURED YESTERDAY BUT WAS BACK HAVING MEETINGS TODAY [SATURDAY] BEGGING FOR AMNESTY AND MAKING MANY MORE PROMISES THAT THEY KNOW HE WOULD NEVER KEEP. [post 2 of 2]
6-15-2014 Intel/Newshound Guru Poppy3 i have received many emails asking the same question? [should we bail and sell for what we can get for our dinar since the civil war has started?] WELL HERE IS MY REPLY...HELL NO!! FIRST OFF THERE IS NO CIVIL WAR. SECOND I MADE THE RIGHT DECISION BACK MANY YEARS AGO WHEN I DECIDED TO START THIS INVESTMENT AND I STILL STAND ON THE FAITH I HAVE HAD EVERY DAY SINCE. ...I AM CONVINCED BEYOND A SHADOW OF DOUBT THAT THIS IS ALL ...A POLITICAL MOVE TO TRY AND STAY IN POWER EVERY DAY POSSIBLE FOR MALIKI AND I KNOW THE FINANCIAL WORLD WILL NOT STOP THEIR PROGRESS IN PREPARATION TO MOVE IRAQ TO THE WORLD STAGE FINANCIALLY IN SPITE OF POLITICS AT THIS POINT. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Mnt Goat We are looking at having this all completed by July 14th as an outside window. Must they complete all these tasks first to see the international revaluation of their currency? No - I do believe the USA will complete the revaluation process just before or just after the formal announcement of the new government officials. This is my opinion. Another Option...There are sources now telling me that the USA may wait for everyone to be officially seated and to observe the first real working session of the parliament prior to rolling out the revaluation. I just don’t think they (meaning the USA) are going to allow this to happen again. Remember that the IQD has already had in-country revalued at a rate of $3.41 earlier this year so we can expect a rate equal or greater to this amount. We now just await the international rollout. [post 2 of 2]
6-15-2014 Intel Guru Mnt Goat There has been no announcements yet in Iraq on the new government. Even the Iraqi citizen awaits the news. It was announced today that the new parliament will open it’s first official session on June 30. I would expect we should see the announcement of the final election results either today or tomorrow. So the next step in the election process in of course the formal announcement of the election results. Then the taking of the oath by all new parliament members. These new members then will vote on the candidate for president (as presented to them by the controlling bloc as winners from the election) in the next session. The president then will announce the new candidate for prime minister to the parliament, which will then ratify and seat him in the assembly. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz35OjzZaP9
6-21-2014 Newshound Guru Kaperoni Article: "Iraq Ayatollah calls for new parliament to start work without delay" Chalabi will not be PM. Maliki should leave, but he holds a lot of power..controlling police, military, etc..going to be tough to remove him.
6-21-2014 Newshound Guru Aggiedad77 This is HUGE news...a major piece of the puzzle falling into place...but what is happening...Maliki is attempting to save and resurrect his own butt...He is playing cards that no one thought he had...however IN FRANK'S OPINION...the avalanche against M is far too great...the deck he is playing with has no longer been dealt in M's favor...change should be coming. After all, what else is left to fall into place? [post 2 of 2]
6-21-2014 Newshound Guru Aggiedad77 JUST GOT OFF THE PHONE WITH FRANK [GURU FRANK26]...please understand this is COMPLETELY DIFFERENT than the Article 140 that was being talked about over the last couple of days...this is far more ENCOMPASSING! This Article 140 includes the disputed territories including Kirkuk...this is BIG...but even bigger this includes OIL that has been disputed by the Kurds for like forever...this is really BIG...Giving the Kurds the green light to produce and export their own oil for a period of 5 years...in that time they get to enjoy the amounts of the export as well...tremendous...but then...THEN...they will be granted 30% of the Iraqi budget after the 5 years. [post 1 of 2....stay tuned] [See the "Possible to do list" in the Dinar Guru resource bar on the left..Items 2 & 6]
6-21-2014 Intel Guru TNT Tony You are having a great weekend and it will get better. Things are slow but steady. Keep your dinar close. You will need it very very soon. All good news.
6-21-2014 Intel Guru Frank26 Chalabi Was simply nominated. Three others were nominated today as well. IMO, There will be more nominations. Why? Because there is less and less fear of M [Maliki]. As for C [Chalabi] Yes he is a front runner and more than likely the eventual PM for Baghdad. Time will tell. I just Love the fact that the Parliament/GOI is forming...So does the CBI/IMF. IMO, M was the REASON for ISIS. But who cares about politics...Pray that The CBI TALKS again tomorrow or Monday! IMO, IR can come out anytime the conditions are congruent with the CBI goals. I see continual progress because I do not seek a date.
6-21-2014 Newshound Guru Bondlady Iraq doesn't like to be told or given ultimatums about their country by the USA or any other country...such as the USA calling for Maliki to step down to end the civil discord. I don't know much about this new guy Chalabi...experience is a lot here...I hope he can compete with Maliki. Iraq does need new blood but they need strong blood and good morals like Hakim and Talabani either of those would have been great for PM but neither want that headache either. so really no one knows who will be the PM yet or if Maliki will actually get a 3rd term.
6-21-2014 Newshound Guru Kaperoni Article: "Sunni politics and the current situation in Iraq" Interview with Kirk Sowell on the esculation of violence ISIS terrorism: Maliki must go. He is marginalizing the Sunni's in everyway. Even his new "reserve army" is mainly Shia which will create further sectarian tensions...this violence could last for years. Not what we want to hear. Let's hope not..and the new government is formed soon will unite everyone. Though Maliki states they are fighting terrorists (ISIS), these groups are also include many Sunnis. So it is not so black and white as Maliki wants everyone to think. This is why the US cannot just step in. [Kirk H. Sowell is an independent consultant based in the Washington, D.C. area. An attorney and specialist in the Middle East...]
6-21-2014 Newshound Guru Enorrste I believe that once the new government is formed, assuming he is at the head of it, that he will finally allow the dinar to float. We got a "hint" that this may be his intention from the statement of Turki yesterday. Turki won't open his mouth unless he is told to do so. He opened his mouth. I believe he [Maliki] relishes power over anything else, I think that Maliki will want to go down in history as well. It will ultimately be in his own best interest to allow the dinar to float. You can count on that. Maliki will survive this, form a government, and rule. Ultimately, he will win. Of course I could be wrong. [post 2 of 2]
6-21-2014 Newshound Guru Enorrste Article: "U.S. pressure on Obama to persuade al-Maliki to step down" ...comments about the "imminent" demise of Maliki are actually kind of funny. I...can recall a very similar situation 4 years ago when Maliki had only 90 votes in the SOL. He dithered around for over a year, not going anywhere, until he finally patched together the NA and held on to his position. What makes anyone...think that it will be any different this time? This is just another blip in the road for this man. He has the position and the power. Don't bet the farm on an early demise for Maliki. On news tonight, there are talks between Iraq and Russia over this matter. Maliki "rejected" Washington and now Putin is offering Maliki support. I believe that what many fail to realize is that his power is really quite extensive at this time. [post 1 of 2....stay tuned]
6-21-2014 Intel Guru Jester INFORMATION IS STARTING TO REALLY LINE UP ABOUT...CONCERNING THE SITUATION IN IRAQ... THE NEWS IS FINALLY LOOKING LIKE WE WERE ON TARGET... I STILL BELIEVE IT IS A HUGE OPERATION DIRECTED BY THE BAD GUYS...SOME THREE LETTER BAD GUYS COME TO MIND... AND THAT THEY HAD IT ALL STAGED FOR SHOW. [so everything (except Iraq) is still positive?] EVEN THAT IS POSITIVE TO A DEGREE... WHEN YOU SEE THROUGH THE DECEPTION AND REALIZE IT IS JUST A LAST DITCH EFFORT AT DISTRACTION... AND THAT ONCE AGAIN THE WORLD IS WISE TO IT...THEN YOU REALIZE THAT THINGS ARE MOVING THE RIGHT DIRECTION...
6-21-2014 Newshound Guru Tlar In a democracy or parliamentary system, a person who loses mostly just takes a bow and congratulates his opponents. This guy tried to not only to rig this election but he still thinks he won. In other words he won't leave. He is still trying to make decisions that aren't his to make...This guy could make this a very messy change and might actually cause Iraq to descend into a worsening situation if he is not removed very soon. That's why the push to make him resign or run, and quite frankly he still may have to be removed physically by force but that could get very messy. [post 2 of 2]
6-21-2014 Newshound Guru Tlar Maliki won't admit he is out and is continually trying to beat the system by making moves. He is trying to create disharmony among the sects. He is still attempting to create a new government with him at the helm. He is still trying to stop the election process. I am quite sure he will try to disrupt the first parliamentary meeting maybe declaring them all traitors and terrorists. That's a real fear and I believe troops sitting in Kuwait will be sent in to protect the new government before Tuesday to thwart that potential. [post 1 of 2....stay tuned] 6-20-2014 Newshound Guru wmawhite Here is a translation of a very recent comment the Governor of the CBI made: .. as per my friend who's native language is Arabic: This video is saying that the Governor of the CBI Mr Turki is expressing his regret that the financial currency politics of Iraq has to deal with the current situation in Iraq. However he is assuring that the CBI has the capability of supporting the currency exchange of the Iraqi dinar to the most extent without a bar limit, and that the central bank reserve is very safe at banks outside iraq. He also noted that the reserve of the hard currency exceeds 70 billion dollars and the gold reserve is almost triple as of last year.
6-20-2014 Intel Guru DC It is our belief that we are wrapping up this roller coaster right now, and the sovereign country of Iraq is setting up it’s revaluation. We don’t know the timeline on that; the bottom line is that there is a LOT of movement, circles within circles, and the process is competed at the CBI and it’s now sitting at the BIS.
6-20-2014 Newshound Guru Frank26 [via Kelly 123] a list of things that are suppose to happen on July 1st. 1. ISX /OMX international 2. new fiscal quarter 3. "mid-year" like CBI has stated 4. "June of 2014" as CBI stated last year 5. 15 days are up since the ratification of election results on July 1st per constitution. I think we need to see an IR ( International Rate) before July 1st. IMHO!!
6-20-2014 Intel Guru TNT Tony The paperwork was approved and accepted; that’s done. They have set a time to do it, and that has not been done yet. They said it would be today, and they still have time to do it today. Until it’s actually announced, something still could happen because it always does. They submitted everything to all countries, and it’s going through whether the US wants it or not...The US will still have to participate sooner or later because this is a global event. their timeline, announcements and celebrations are scheduled, and that is what we are waiting for. Up and down as it was last night, it still hasn’t happened. However, the banks are preparing for it, and people are being put in position. We are in a super-fantastic position, and the whole world is on standby now, waiting to see if this will happen. Worst case scenario? Best thing is that it could happen in the next 15 minutes. Worst case it will be 1. July.
6-20-14 Newshound/Intel Guru Arthur [via Poppy3] The Iraqi constitutional process is that they have 15 days after the new Parliament is ratified (June 15th) to start the new Parliament session. But we now know they upped that to the 24th instead of July 1st. So on the 24th they will vote in whoever the new speaker is if isn't Najafi which I don't think it will be because he smells of the last Parliaments failures. That person will get 2 deputies voted in at that time with him. Then they will elect a President. That President will then turn to the largest Bloc which will be the new National Coalition and they will pick their candidate for PM who will then pick his Council of Ministers. All this is coordinated to happen very quickly and all we need is for the process to get started in earnest.
6-20-2014 Newshound Guru wmawhite Just an opinion concerning the revaluation of the IQD...the Prime Minister will NOT announce a change in the value of the IQD. Instead, it will be the Central Bank of Iraq. It is a financial event...NOT a political event. There is a difference.
6-20-2014 Intel Guru Frank26 He then went on to apologize that the CBI is doing the MP under this " situation" in Iraq. Fascinating to see the Governor of the CBI apologize for the GOI. T [Turki] bragged that the 70 billion they had for currency reserves has now TRIPLED!!! Said We can SUPPORT ANY RATE THE CBI wants...We can cover it. Said we have NO ceiling. T said there was no security nor enough stability with the GOI last summer so he said he would raise the value of the IQD in the middle of 2014. IOO (In Our Opinion) The end of June is the middle of 2014 or July 1st 2014. [post 3 of 3]
6-20-2014 Intel Guru Frank26 When DELTA called me He was at the point of hyperventilation, LOL, well suffice it to say he was very happy! Told me he listened 7 times to the interview in Arabic and it just got better ever time. DELTA told me it was T's demeanor that motivated him! Every response was with a sharp confidences and knowledge. T said : We, the CBI, Are NOT affected in any way what so ever to the issues in Iraq. The GOI, The terrorist, The disarray of our country has NOTHING to do with THE PLAN. Yes, He said WE HAVE A PLAN! A plan for our Monetary Policy and we are moving forward with it to make our currency more effective. The "situation" in Iraq is not going to stop our plan. [post 2 of 3....stay tuned]
6-20-2014 Intel Guru Frank26 A so called war in Iraq has caused many to Give up HOPE. But within this chaos a new species of flower has been found by DELTA last night. I will call it ...CBIanthious. The governor of THE CBI (Turki) was interviewed yesterday during a press conference with Gulf Countries! CNBC AL ARABIA TV channel ( like our NBC) talked to T [Turki] about the meeting. It was all over Iraq yesterday...FOR THE CITIZENS IMO. Timing at work. [post 1 of 3....stay tuned]
6-20-2014 Intel Guru Mnt Goat In order to go international with their Iraq stock exchange (ISX) on 7/1 they need an internationally traded currency. So by 7/1, when the Iraqi Stock Exchange is scheduled to go live internationally the question I put forward to us is this. Can they meet all their requirements of having a stable government so the USA will pull the trigger on the RV thus they can have an international currency in time for the ISX rollout? I got a call...from my Iraqi contact that told me that a high level meeting was held in Kurdistan today. A decision was made to hold the first parliament on the 24th instead of the 30th! It tells me they are concerned and need to push this new government along. This also shows me they need to have the new prime minister seated as soon as possible. [post 2 of 2]
6-20-2014 Intel Guru Mnt Goat in my opinion the USA is now beginning to do something about this Maliki situation. There are now over 4.000 US marines landed in Iraq... Do you think in the future these same troops could be made available to overthrow the Maliki government? The plans are now being made for this purpose. We all should now be watchful of the new prime minister being seated. This will be happening very soon. This will be the spark that will set off a wildfire of activity in Iraq...This will be the final straw for Maliki as he will try one last very desperate attempt to oust the new prime minister and sabotage the efforts to establish the new Iraq government. He will not be successful. [post 1 of 2....stay tuned]
6-20-2014 Intel Guru SteveI I would like to dedicate this post to Nouri al-Maliki saying "Farwell and Good Bye"! Based on many articles I will stick my neck out there and predict Ahmed Chalabi as the next Prime Minister of Iraq! I will also predict that something huge will happen to our investment before the end of this month.
6-20-2014 Intel Guru Frank26 I just get got off the phone from talking with DELTA. He is Ballistic! What DELTA found is Turki saying some Powerful Supportive statements of the MR (Monetary Reform)! Basically That NOTHING will stop their PLAN!!!
6-20-2014 Newshound Guru Tlar The drumbeat is getting louder and coming from all directions. The "heat" is being turned up by the hour. Everybody but Maliki himself is saying he has got to go. Countries in the area including Iran, the US, the European Union, the UN and the people inside his party and citizens in his own country, all chanting no more Maliki. This is a well coordinated movement to remove him. This is Friday and we will see if by Tuesday he tries to do something very stupid or he finally gets the message.
6-20-2014 Intel Guru Bluwolf Rates still looking good and banks have been alerted.
6-20-2014 Intel Guru MarkZ So much has happened this week, we are at a boiling point in a good way. Blessings are coming...
6-20-2014 Intel/Newshound Guru Poppy3 THERE IS A HARD PUSH BEING MADE TO COMPLETE EVERYTHING BEFORE JULY 1. ...THEY WANT THE NEW GOI AND THE NEW RATE ON THE CURRENCY THIS MONTH NOT NEXT. NOW LETS JUST HOPE THEY CAN MOVE EVERYTHING UP AS THEY APPEAR TO BE TRYING TO DO. STAND BY FOR MORE GOOD NEWS IN THE COMING HOURS.
6-20-2014 Intel Guru Delta CNBC AL-ARABIA CHANNEL INTERVIEW WITH TURKI FROM MANAMA BAHRAIN: "NO WORRIES FOR THE IRAQI DINAR, WE ARE PLANING TO MAKE THE MONTEREY POLICY MORE EFFECTIVE, WE HAVE THE PLAN FOR THAT, WE REGRET THAT THE CBI WILL TAKE MONTERY DECISION IN DIFICULT SITUATION. AND WE WILL SUPPORT ANY EXCHANGE RATE THAT THE CBI SELECT WITH NO PROBLEM." SO BASE ON THIS INFORMATION, IT LOOKS LIKE THE CBI WILL MAKE THERE MOVE NO MATTER WHAT...THIS IS HUGE. 6-19-2014 Intel Guru Hub dont know if this means anything, but a very good friend that works for a BIG oil company that has people in Kurdistan says he sees nothing but oil pumping and a lot of people making a lot of money...his guy is saying there is no civil problems, they are pumping oil and all is happy...and this is in Kurdistan.
6-19-2014 Intel/Newshound Guru Poppy3 NEWS THIS WEEK ALL STANDS OUT TO ME THAT WE ARE CLOSING IN FAST ON MALIKI BEING GONE FOR GOOD...HE IS NOW THE MAIN TARGET OF EVERYONE INCLUDING THE VERY PEOPLE HE CALLED ON TO DISRUPT AND KILL MANY OF HIS COUNTRYMEN JUST TO PROLONG HIS REMAINING IN POWER. THE USA, AND ALL UNITED NATIONS GROUPS ARE ALL PUSHING FOR HIS REMOVAL AT THE SAME TIME. WE ARE IN GREAT SHAPE AND THE RV IS IN OUR NEAR FUTURE I AM CERTAIN OF IT...WE WILL ALL BE CELBRATING SOON.
6-19-2014 Newshound Guru wmawhite ...amazed that how this is playing out in front of us and the mass media is totally in the dark about everything happening in Iraq...enjoy what the CBI is telling us and what they are doing. I truly believe this is about to happen during the middle of 2014. That may be at any time. We know this because the Governor of the CBI has told us this.
6-18-2014 Newshound Guru Adam Montana [IF it comes to past (?), do you think it might be a possibility to trade in, what we have now, for what might be Kurdish dinar?] Yes indeed! I do not under any circumstances think that the currency we hold will suddenly become "worthless". If the currency is changed, there will be a period of time to exchange it.
5-19-2014 Intel Guru TNT Tony Congrats Iraq- We understand you completed all the docs and processes required for the RV. Looking forward to the growth and success of your country!
6-19-2014 Intel Guru Frank26 "Mosul gave us many things, one is oil prices to go up just pre RV...Needs to reach 110 to 120." Well alright alright then.
6-19-2014 Newshound Guru Tlar The Sunni rebellion is the same. In Mosul a Sunni city supposedly held by the the insurgents...People are coming and going crossing two check points. No shots being fired. No fighting. Life has pretty much returned to normal for Mosul. This my friends is a CIA operation pure and simple the purpose of which is to remove Malki under the guise that terrorists are over running the country. The net result, the map of Iraq has been redrawn. Things that would have never been done through negotiation with Maliki's government are now corrected. As far as I have been told, it is imperative that once the government has been announced we will see two things. The first is world support for the new government in fighting terrorism. The second is an RV. For some reason it seems to be extremely important to those in control that Turki pull the trigger on or a little before July 1st. [post 4 of 4]
6-19-2014 Newshound Guru Tlar So what's really going on? The Kurds have recaptured what was the Kurdish territory...Maliki has occupied this Kurdish city since the beginning of his reign with the Iraqi army...This is the major city in the disputed territories rich in oil and is the fundamental reason for the fight over the disputed territories (article 140). The Iraqi army that was stationed in Kurkut that was there to "defend it", just dropped there weapons a fled. The big question is, who ordered the Iraqi army that was there to defend Kurkuk to lay down there weapons a leave? Simple answer. It was the CIA. Today the issue of article 140 has been resolved. [post 3 of 4....stay tuned]
6-19-2014 Newshound Guru Tlar The US does not want to be seen supporting the Maliki government, so you will not see any help until the new government finally announces itself. So look for Tuesday to see this new government meeting, and look to Friday to see it come together enough to be announced to the world. Maybe sooner. They want everything to be done constitutionally. No short cuts. No mistakes. Follow the constitution. They want to make sure there is no SOL or wiggle room for Maliki or any legitimate challenge. [post 2 of 4....stay tuned]
6-19-2014 Newshound Guru Tlar People in dinar land are scared that their investment has gone in the dumpster. I don't want you to think what you are witnessing in Iraq is total chaos or anything close to that. In the beginning this was never a take over by the ISIS....this is not what you are seeing in our press. This is not and has not been an insurgency of terrorists...The Obama administration is trying to remove Maliki. Maliki was strongly advised to leave two days ago. To date he has not heeded that advice. Maliki just announced today that the elections are now on hold. Nothing could be more further from the truth. Saleh Mutlag followed up in an article with a call to hold the first parliamentary meeting this coming week stating that they will elect a President and his deputies followed shortly by the announcement of the PM position. [post 1 of 4....stay tuned]
6-19-2014 Intel Guru Frank26 [IF JULY 1ST THEY SET GOV AND JULY 1ST THE KEY CARDS ARE READY, WON'T THE RATE HAVE TO COME FIRST?] IMO...Yes or Simultaneously.
6-19-2014 Newshound Guru Millionday "A source familiar with the Presidency of the Republic, on Wednesday that Vice President Khodair al will call the new parliament to hold its first session next Tuesday." it looks like they have moved it up a WEEK -- HUGE NEWS they have so much planned and they have moving alot up in the past week.
6-19-2014 Newshound Guru Stryker Article: "Lawmakers, allies reportedly press White House to withdraw support for Iraqi PM" Article quotes: "The Wall Street Journal reports that U.S. officials have indicated their desire for Iraq's political parties to form a new government without Maliki that would comprise representatives of the country's Sunni and Kurdish communities." "The Shiite Maliki's party received the most votes in Iraq's parliamentary election this past April, but it did not receive enough to form a majority government. Maliki's efforts to find partners in a coalition government have so far been in vain." FINALLY THE U.S. MEDIA STARTS REPORTING THE REAL NEWS IN IRAQ...IT TOOK YOU GUYS LONG ENOUGH...
6-19-2014 Newshound Guru Enorrste ...the CBI continues on its merry path toward moving from Article 14 to Article 8, as is evidenced by Turki’s statement yesterday that he is preparing to bring the dinar to the world stage. Maliki is using this "crisis" to get exactly what he wants: a continuation of his role as PM. He will promise these people anything they want, and then do whatever he wants afterwards. That has always been his modus operandi. The "crisis" will be shown to be his ticket to a third term. [post 2 of 2]
6-19-2014 Newshound Guru Enorrste Article: "Iraq To Be Partitioned Into Three Independent States?" I just don't think that a partition is even on the table at this time. What is on the table is to solve the insurgency crisis. You don't have to partition the country to do that. The entire idea of a 3 state or 3 country solution is “pie in the sky” talk. It will not happen...there is no majority will for this to happen. That in itself is necessary. Maliki receives no benefit at all from a breakup of his country. ...things like the breaking up of a country into 3 parts is not easy. In Yugoslavia it tooks years and UN intervention before anything was accomplished. [post 1 of 2....stay tuned]
6-19-2014 Newshound/Intel Guru BGG White House calling for Maliki's removal today. [Removal, as in voluntary or involuntary?] involuntary. [when are they looking to force him out?] Sounds like soon. [Do u think they will press charges against him?] The UN will - I am fairly certain. [So, if M is forced out in the next day or so, how long afterwards till the CBI decided to RV?] they just said early 2015, Maliki inner circle says before Aug - I don't think there are any hard answers just yet. [Will Turki even be there next year?] I highly doubt it. [Maybe this is the smoke they said would come right before the rv?] not impossible.
6-19-2014 Newshound Guru wmawhite amazed...how the CBI continues to makes preparation for the IQD. If Iraq was truly coming apart as the media reports...why would the CBI make this statement? Quote: "CBI: our reserves "safe" with banks abroad...CBI Governor Turki has said that the Iraqi reserves are safe and contained in banks abroad...the CBI has the ability to support the exchange rate of the dinar to the fullest extent...and without a roof"...without a roof... a ceiling...no limit to its value. [post 2 of 2]
6-19-2014 Newshound Guru wmawhite one friend of mine has been sending me numerous alerts about currencies from around the world that are adjusting up and down all in reference to Iraq...he is of the opinion that these currencies are being adjusted prior to the CBI announcing its new value. there will be no GCR...however, prior to the IQD's new value is released...many currencies will need to be adjusted...they may be doing that now...all currencies that are traded have a value in relation to each other...now insert the IQD which we believe will be quite valuable...all other currencies will need to be adjusted. [post 1 of 2....stay tuned] 6-18-2014 Intel Gurus TNT Tony & DC Then he came on the news and announced (with the CBI) that we are doing this based on prior agreements. We are going to the RV on Friday, with a specific rate and time...they have done all the agreements and have announced it will be on Friday. He has announced it throughout the entire world and throughout Iraq. The US mainly wants a stable Iraq, so instead of power-sharing, they are trying to get other positions filled by others than Maliki, to form a more inclusive government. In essence, Maliki has thrown down the gauntlet to everyone. Everything looks phenomenally good. Even Chalabi is happy with the position he’s been offered. Maliki has said THIS is the date and THIS is the rate, and that has never happened before. We have to wait and see. [post 3 of 3]
6-18-2014 Intel Gurus TNT Tony & DC That was yesterday. The US said, “Wait, hold on!” So the US stopped it again for various reasons. But the CBI said they calmed everyone down, and it’s our country and we’re doing this. That fight went back and forth several times last night. CBI is still geared up to get this thing out. Now Maliki is no longer the PM although he is acting like it. M said, “If I can get this RV done here, today, what about making me PM again?” A lot of the folks came back and said, “If you get it done, sure. Good luck.” He got smacked down last night, so how could Maliki get this accomplished? [post 2 of 3....stay tuned]
6-18-2014 Intel Gurus TNT Tony & DC [via Adept1] Maliki basically told everybody he would do it just before the government had it’s last power. At the last minute, the US came in with security problems and saying it was not great for us right now. In essence, they worked out a deal. Bottom line, M got what he wanted, and President Obama got what he wanted...It was a good deal for both Maliki and President Obama. They seated the government yesterday...They announced the seating of the government and...Chalabi said he would be the next Prime Minister. Meanwhile, the CBI said, we are tired of all this, we don’t like the agreement, and we are doing it now that the government has been seated. They notified the BIS , and the BIS notified all the other central banks. [post 1 of 3....stay tuned]
6-18-2014 Newshound Guru Aggiedad77 Article: "Iraqi dinar regain "a bit of stability," a week after wobbling because of security threats" CBI claims they have sufficient reserves to address the current crisis and maintain the exchange rate...basically business as usual for them...there were increased demands for the dollar last week amidst the security crisis as it unfolded but this week has seen more stability.
6-18-2014 Newshound Guru Adam Montana [Whoever pulls the trigger on financial prosperity (RI/RV) stands to create loyalty and promote stability. The way I see it, it still just remains a matter of time. IMHO.] I do agree with you - while it's not encouraging to see the current happenings, Iraq has come very far and I don't think this is going to destroy the important structure that Iraq has rebuilt nor do I think this will put an end to Iraq's potential and future progress.
6-18-2014 Intel Guru Okie_Oil_Man AUTHORIZATION TO THE BANKS FOR THE EXCHANGE CAN ONLY BE MADE BY THE UST AND NOT ANY GROUP OR INDIVIDUAL. YOU WILL ONLY EXCHANGE AT THE PROPER TIME AT A BANK THAT HAS THE AUTHORIZATION AND A REPRESENTATIVE OF THE UST AT THAT BANK. THE QUESTIONS SURROUNDING THIS POST WILL BECOME MORE TRANSPARENT AND PROVED WITH LATER POSTS. I PLAN ON MAKING ANOTHER POST LATER ON TODAY AND WAS REQUESTED BY THE UST TO MAKE THIS POST IMMEDIATELY TO PRECLUDE PROBLEMS WITH UNAUTHORIZED INDIVIDUALS OR GROUPS. REGARDLESS OF WHAT YOU HEAR DO NOT CALL BANKS, DO NOT GO TO BANKS, DO NOT INTERFER WITH AN ONGOING PROCESS. [post 2 of 2]
6-18-2014 Intel Guru Okie_Oil_Man THIS IS AN OFFICIAL AUTHORIZED POST. THERE ARE GROUPS BEING FORMED FOR THE PURPOSE OF EXCHANGING YOUR FOREIGN CURRENCY. AS PER US TREASURY SOURCE NONE OF THESE GROUPS ARE AUTHORIZED BY THE UST AND ARE NOT CONSIDERED AS A AUTHORIZED OR RECOGNIZED GROUP. AT PRESENT THEIR ARE ONLY 1 AUTHORIZED GROUP AT THIS TIME. YOU UNDER NO CIRCUMSTANCES ARE TO SEND YOUR DINAR TO ANY OF THESE GROUPS. THEY HAVE NO AUTHORITY TO FORM OR BE RECOGNIZED AS A VALID AUTHORIZED GROUP REGARDLESS OF WHAT THEIR STATEMENTS ARE TO YOU. [post 1 of 2....stay tuned]
6-18-2014 Intel Guru TNT Tony All good news but no action (yet).
6-18-2014 Intel Guru Frank26 Do not know the date but my Spirit says once the CBI is Satisfied with the GOI...We will see an IR (International Rate). Because in further examination I strongly believe the IMF is Satisfied with the CBI. The way my Spirit sees it is that we have something in common with the CBI and IMF...We are both watching and waiting.
6-18-2014 Newshound Guru Adam Montana The current situation is pretty serious over there - ISIS is not a good organization and they are making progress in their initiative to take control. If the GOI doesn't start handling business, it's going to get worse. It's my opinion that Iraq is going to need outside help - they simply aren't doing an effective job of defending their cities. My thoughts and prayers go out to the innocents that have and will be affected by the current situation, and I hope to see a quick end to the radical terrorist invasion that is currently taking place. [post 2 of 2]
6-18-2014 Newshound Guru Adam Montana ...while Iraq has taken a step back, and I don't expect to see this blow over very quickly...all is not yet lost. There will be no RV tomorrow or this week or probably not even this month, which takes us right into Ramadan (basically the whole month of July). In the past, I have always maintained that no RV would happen during Ramadan. Depending on how the next couple weeks go, I may change my stance on that statement...we will just have to watch as events continue to unfold. [post 1 of 2....stay tuned]
6-18-2014 Intel Guru Delta On Iraqi tv they announced to the citizens: we told you about the Qi cards and you are to report on July 1st to get paid.
6-18-2014 Newshound Guru Chattels Market Rate bounced upward to 1,217 today. [is that because the cbi is charging for a larger spread?] not sure of such. what occurred to me is that one should expect some change given the dramatic circumstances in Iraq if the auction info is REAL.
6-18-2014 Newshound Guru Millionday Article quote: "House of Representatives held its first session of the newly elected for the 2014-2018 legislative session in 30 of the current month of June, after the passage of 15 days from the date of approval of the Federal Court on the results of the parliamentary elections as stipulated by the constitution after the Court confirmed the results on Monday 06/16/2014." the calculation of this order puts the new parliament in their chairs on the July 1st date... excuses will not be listened to this time...the new names were certified and done...and they shall start work in two weeks... they are saying that the four names that did not make it through the certification process will not hold up the seating of the parliament due to the constitutional orders and compliance -- they will be working and sworn in with the names of president and deputies by majority vote -- dont even need quorum.
6-18-2014 Newshound Guru Aggiedad77 Article: "CBI: our reserves "safe" with banks abroad" CBI Governor Turki has said that the Iraqi reserves are safe and contained in banks abroad...the CBI has the ability to support the exchange rate of the dinar to the fullest extent...and without a roof...interesting choice of words....gold reserves have been doubled three times just in the current year...the masterful things the CBI does while everyone's attention is on other things.
6-18-2014 Newshound Guru Kaperoni [if they let it float right now its already going in the downward motion . whats to keep it from falling more and more every day. the only reason its where it is now is that the CBI is holding it there.] the dinar is managed now through what is termed a "currency board" or fake daily auction where citizens buy dollars, sell dinar in country under Article XIV. The value of the dinar is in a pegged "exchange regime" to the dollar. The exchange rate does not move and only the Market Rate changes based on these auctions. When the CBI moves to Article VIII and the dinar becomes a worldwide convertible currency, it also will have a new "exchange regime" in which the currency will no longer be pegged to the dollar and will some sort of float thus allowing it to find its true value based supply and demand as the world sees its worth. Significant difference here from an internally managed currency to a real world currency. 6-17-2014 Intel Guru Okie_Oil_Man [via Sambo] ...WAITING FOR THE AUTHORIZATION TO MAKE THE POST. [reference Okie's prior post 6-17-2014]
6-17-2014 Intel/Newshound Guru Poppy3 I HAVE QUOTED MANY TIMES WHAT THE CBI GOVERNOR STATED AND WHAT THE IMF HAVE STATED AND EVEN PLACED ON THEIR WEB SITE FOR 3 DAYS. $3.22 PLUS UP TO 20% MORE FOR POSSIBLE INFLATION DURING AND SINCE THE WAR STARTED AND YES THERE HAS BEEN MUCH INFLATION AND INCREASE IN RESERVES SINCE THAT TIME SO THE RATE WILL BE ACCORDING TO WHAT THOSE FIGURES BRING THEM. WE KNOW ALSO THAT THEY HAVE STATED MANY TIMES THEY WILL BE WITHIN 10 CENTS UP OR DOWN TO KUWAIT AND I READ TODAY THAT KUWAIT IS NOW AT $3.65 SO THAT WOULD GET US FROM $3.55 TO $3.75. NOT SET IN ANY RATE FOR SURE BUT JUST POSSIBILITIES. [post 2 of 2]
6-17-2014 Intel/Newshound Guru Poppy3 RV IS STILL A FEW DAYS AT BEST AWAY BUT IS STILL MUCH CLOSER THAN EVER. THE GOI AND FINANCIAL BODIES ARE STILL PLANNING AND MOVING FORWARD. POLITICAL DEADLINES AND FINANCIAL DEADLINES HAVE BEEN SET AND ANNOUNCED BUT WE ALL KNOW THEY ALMOST NEVER HAPPENS ON THE DEADLINE BUT THEY WILL NOT MISS THEM MUCH. MUCH TALK ABOUT RATES AGAIN...AND ZERO HAS CHANGED ABOUT RATES FROM ANYONE THAT HAS ANY SAY ABOUT WHAT THE RATE WILL BE. [post 1 of 2....stay tuned]
6-17-2014 Intel Guru Mnt Goat I believe we will see the RV soon as I have stated many, many times but only when parliament is seated, the president is seated, the prime minister (Chalabi) is seated, and all his ministers are seated. They (meaning the USA) are not going to repeat the mess they had back in 2010 with Maliki. They will use the currency reform as leverage to get the government formed and fully functional. Then they will pop the currency out to the international markets...this final announcement of the IQD going international will not happen until the USA feels the Iraq government is stable and is a functional government. This is has been the plan all along. [post 2 of 2]
6-17-2014 Intel Guru Mnt Goat Finally yesterday the Federal Court announced the ratified of the election results. However there are 4 candidates that are being withheld...The reason for not ratifying these candidates is unknown... It was...announced yesterday in Iraq that Ahmed Abdel Hadi Chalabi would be the national alliance/citizens coalition’s candidate for prime minister. I have an excellent source in the Iraq government and they are telling me Chalabi is the new prime minister, as we will all witness very shortly. I can see Iraq is trying to progress quickly in the completion of setting up their new government. [post 1 of 2....stay tuned]
6-17-2014 Newshound Guru Stryker The news is much better than reported on our main stream media folks...
6-17-2014 Intel Guru TNT Tony Yes it is true. A new PM in Iraq and it is official. Government officially seated today. We are next.
6-17-2014 Intel Guru Okie_Oil_Man 4.40PM CST-- I EXPECT TO BE MAKING A VERY IMPORTANT ANNOUNCEMENT WITHIN THE NEXT FEW HOURS---AS PAUL HARVEY USED TO SAY--"STAND BY FOR NEWS"!
6-17-2014 Newshound Guru Aggiedad77 Article: "Will chair the opening session of the new parliament and government rescue of the free and the citizen and the other blocks, headed by Chalabi" This is awesome news and comes on the tail of [Guru] Frank's announcement ...that Chalabi would be the name put forth by the National Coalition as Prime Minister when the new Parliament comes together for their first session...with this new government it is expected that a reformatted agreement with the US will be forthcoming...
6-17-2014 Intel Guru Frank26 ...our opinions on C [Chalabi]...For now this is ONLY A nomination. They will share with You at a very slow pace. ...worry not about what they say...Focus instead on what they do. They want You to understand their feelings as a nation on who they want as PM. While M [Maliki] invokes all methods to keep his position as PM ...Attention is turned to C [Chalabi]. There are many CHANGES forming in Iraq...IMO a change of PM would compliment a new Beginning.
6-17-2014 Newshound Guru Tlar We have seen only one article so far that the NA chose Chalabi as their PM. Originally I thought maybe it had been released early and it was pulled. It turns out the newsite that released it went down right after it was released and that the article is most likely a good article. So this is not over but it should be over very soon. The next government will be formed before the end of the month. Maliki will be out. [post 2 of 2]
6-17-2014 Newshound Guru Tlar Maliki refuses to leave in the face of countries all over the world telling him to get out. He lost the election but still he stays. He has lost his immunity but still he stays. This morning he announces that he doesn't need emergency powers because he already has them under a law he tried to push through parliament a while back, - THE NATIONAL SAFETY LAW. Parliament did not approve such a law. This morning the legal guys in Iraq have said this is another illegal move to stay in power and that it does not give him any powers to act as though a state of emergency exists. [post 1 of 2....stay tuned]
6-17-2014 Intel Guru Frank26 [via R601a] parliament seated before the end of this month...ISX international on July 01 - will need real value...Maliki in caretaker mode...Turki said mid year major changes will happen to currency...Expect announcement this week that political situation is under control - ie stability...something VERY important to be announced in next 2 weeks...Delayed issue of Qi cards that were to be issued last weekend - waiting for RV?...Qi cards when issued will be international at the NEW RATE - contractors are being held up using these cards...All laws relevant to RV have been passed and processed.
6-17-2014 Newshound/Intel Guru Eagle1 [via R601a] [We passed the 15th will we see a seated Gov in June?] IMO by 28 - 29th June.
6-17-2014 Intel Guru Delta [via R601a] No gov seated in June. Parliament seated in June. Gov will not start until end of July to the middle of August. But this has nothing to do with the monetary policy. CBI can RV at any time - fully authorized to RV at any time they wish - very likely within the next 2 weeks - was told that a major announcement near the end of June...be happy - something very good is going to happen very soon.
6-17-2014 Newshound/Intel Guru Bluedog I HAVE BEEN WATCHING THE OIL IN IRAQ AND ALL OIL COMPANIES HAVE HAD NO PROBLEMS...IF YOU WERE ISIS YOU WOULD HIT THE OIL FIRST (WINK)...THATS IRAQS ECONOMY BUT OIL GOES ALONG WITH NO PROBLEMS.
6-17-2014 Newshound Guru Stryker Article: "Asadi: the first session of the new parliament after consulting political leaders" the Vice President Khodair will call the first session and it looks like they could call it early, after determining the right date...the first session can be held anytime after the ratification of the election results but before 15 days from the date of ratification. My point is, they can speed up the process to help boot Maliki to the curb and take control of the mess he has caused.
6-17-2014 Newshound Guru Kaperoni [...why did the CBI jump 57% today...] a 57% jump in sales in the daily auction means that there was an increase in demand for dollars which in essence means Iraqis are probably dumping the Iraqi dinar in wanting the dollar. when demand goes beyond the cost of imports and it becomes the citizens desire then the currency in the country becomes less desirable which is not good for us. 6-16-2014 Newshound Guru Stryker We still need confirmation on this one but it sure looks like Maliki is out and Chalabi looks to be the one and only National Coalition nominee. Confirmation is the key but it sure is looking good folks!
6-16-2014 Intel Guru TNT Tony A month ago, two weeks ago, Friday we didn't think we'd have to wait for the new PM. But it's now part of the new agreement and it's not going to be weeks or months. We're getting calls from people over there telling us it's not like what we're seeing on TV here. There are some things going on but not like that. We are still in a good place and things are moving along very fast. We are almost there. [You think we have a good opportunity for this week?] Yes, you should have been in there this morning. If I have to give a back wall, it would be July 1. But the plan isn't for it to go that far. [post 2 of 2]
6-16-2014 Intel Guru TNT Tony [via Adept1] You should be at the bank right at this moment. But the schedule was blown apart. I want to give more details without getting us in trouble. Okay, lots of money at stake. It's Maliki's last day/week in office and things could get out of hand. Some could take money that doesn't belong to them and run. Some could be forced into those situations here at the last minute. It has gone as far as some reaching out to others asking for help to protect their money. Those issues had to be worked out and a deal was put in place. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru DC [via Adept1] Bottom line is that a very last-minute agreement was reached at the very last minute to not release this to the public until the GOI is seated and going through. They wanted a smoother transition. We understand that's any minute, any day. They are announcing they have the votes and it frees up again when it becomes official and goes forward. [Do we have to wait until 7/1 for them to announce the new GOI?] They are supposed to announce the new GOI at anytime, any day. Could be at any time. I'm going to say that things are looking extremely good.
6-16-2014 Intel/Newshound Guru Poppy3 JUST GOT ANOTHER TEXT SAYING PM NAMED A COUPLE HOURS AGO BUT HAVEN'T CONFIRMED THROUGH ANY SOLID SOURCE AS OF YET...I WILL HAVE TO SEE IT ANNOUNCED BEFORE IT WILL BECOME REAL TO ME. WE NEED TO JUST WAIT TILL THE BIG DOGS TELL US FOR SURE. [is it possible that the RV could still come roughly the same time as the PM announcement?] I DON'T THINK THEY WILL BE FAR APART. SEVERAL THINGS STILL PENDING AND THEY CAN ALL HAPPEN ALMOST SIMULTANEOUSLY...THEY HAVE REPORTED THE HCL AND 140 AND TARIFF LAWS AND REGULATION ARE AGREED ON AND JUST NEED IMPLEMENTATION.
6-16-2014 Newshound Guru Tlar I am confident that everything will work out once Maliki is gone. I will not minimize what has happened and is happening is not serious and could get worse. It is difficult to remove a dictator and no one really knows in the end what measures you will have to go to, to do it. I would point out that no one is backing this government which I find strange. Everyone is backing the people of Iraq. That's why I continue to say this is not what it seems. No matter the truth of what's going on will come out very soon. Iraq will have a new government. By the way, the CBI has been continuing through this crisis to make the changes in preparation for something. It has been business as usual for them. They don't seem to have missed a step. [post 2 of 2]
6-16-2014 Newshound Guru Tlar Many residents are returning to the towns that are listed as taken over In Mosul which is the 2nd largest city in Iraq there are two check points going into and out of the city. People who evacuated are already returning and yet the city is still under control of "the insurgency". I realize the news we are getting in this country tells a different story and it is somewhat because of the confusion on the ground, but this will soon sort itself out unless something new comes into the picture. [post 1 of 2....stay tuned]
6-16-2014 Newshound Guru Millionday ...there is a lot on the news of fear in Iraq of civil war -- the service men and volunteers have done a great job but there is a lot of violence in the country. Article quote: "Despite the challenges and difficulties faced by Iraq, but the property rights guaranteed are not affected by the current crisis..." the country is actually showing a healthy isx in country. they are monitoring for compliance and also looking at the index to see if the security problem is causing a drop and it seems -- not much -- thats great. this means that the constant or predictable rate that is imposed now is holding so they are being successful -- stability in the market especially in a time such as this is very important and obviously they are showing stability.
6-16-2014 Newshound/Intel Guru BGG this is still the "End Game..." for Maliki. It is becoming more and more widely accepted that Maliki is really bad for Iraq. Lots of news pieces. I didn't expect him to go quietly...It is a complex situation - many human rights tragedies going on... it is heart breaking. The financial aspects are - minor in comparison. We should be in prayer for this nation. It is in some peril. I believe it will get worked out quickly once leadership change takes place. [how long before you think it will take to get the government changed?] tough to say - supposed to have elections certified and new Parliament seated soon.
6-16-2014 Intel/Newshound Guru Poppy3 I WAS...TOLD THE ELECTION RESULTS WILL BE ANNOUNCED WITHIN THE NEXT 72 HOURS. LIKE I HAVE SAID BEFORE THEY HAVE NEVER MET THE FIRST DEADLINE... THE GOOD NEWS IS THEY ARE STILL ON IT AND MOVING TO FINALIZE ALL THE STEPS THEY NEED TO ACCOMPLISH. I THINK IT IS POSSIBLE THEY WILL ANNOUNCE THE RESULTS TOMORROW [MONDAY]. TIME WILL TELL THE FACTS.
6-16-2014 Intel Guru Frank26 If we have SECURITY and STABILITY then watch the OIL of IRAQ flow like LAVA. The KURDS are in control is not just a catch phrase...It is A PLan. Articles are good but the KEY is we are BACK to the end of o's [Obama's] mistake in 2012. As if our USA Troops never left. Article 140 is alive again. The cost for oil goes up and so does the SALE of it? Not ironic...A Plan. Back to the end of 2012 when o made his mistake to pull out of Iraq TOO EARLY! USA TROOPS...Only...BACK in Iraq. A Plan! IMO, MR (Monetary Reform) Dominoes are falling like Giant Redwood Trees.
6-16-2014 Intel Guru TD The Kurds also have grabbed Tikrit and they are ready for an independent state. IT IS VERY POSSIBLE that a new state dividing the nation into 3 factions is the ultimate outcome after the fighting and sorting through is done. EVERYONE in Iraq is disgusted with the status quo and each faction says THEIR future does not include the other two. Whatever happens, this sad mess will take months & months to sort through. [post 2 of 2]
6-16-2014 Intel Guru TD Calling real time events being covered by now, the world media, "smoke", "sideshow", etc. is a real insult to those who are living it and suffering from the breakdown of Iraq. IMHO, posters need to be more respectful to this human tragedy. It is "real" and it brings about severe uncertainty for the immediate future. We have to keep in mind the Sunni-Shiite discourse has it's roots back to the 17th century and will NOT (this time) just evaporate. ISIS is still gaining and NOT being defeated or retreating. By stealing over $400 million dollars (in Mosul), capturing military hardware, etc. from the GOI, it has momentum, the might & funds to furnish it's cause. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru Hub [we need the dinar history post - motivational.] well here we go...go to the 1955 funk and wagnels and you will see the iraqi dinar exchange value was $2.55, at that same time, the dong was $2.20 and it kept its value until france went into the country...and we all know the dinar was $3.22 with sadam...so now that all the unbelievable resources found in iraq, it has to go up to the value of the country.
6-16-2014 Intel/Newshound Guru Poppy3 Article quote: "Days after Iraq's second-largest city fell to Al Qaeda-inspired fighters, some Iraqis are already returning to Mosul, lured back by insurgents offering cheap gas and food, restoring power and water and removing traffic barricades." Only days after Mosul fell, Iraqis return to find lower prices, restored services and more. like old POPPY3 TOLD YOU THINGS WILL CHANGE FOR THE BETTER VERY FAST.
6-16-2014 Intel Guru Bluwolf THE OCCURRENCES IN IRAQ IS JUST A SIDESHOW THAT WILL DISAPPEAR...SEE THIS IS HOW COVER UPS TRANSPIRE AND THIS IRAQ ISSUE IS JUST THAT, A BUYING OF TIME IN ORDER TO GET SOMETHING PUT IN PLACE. I WILL SAY THIS THOUGH...WE ARE FINALLY THERE FOLKS NO MATTER WHAT IT MAY SEEM LIKE... [post 2 of 2]
6-16-2014 Intel Guru Bluwolf THE CURRENT STORM OF EVENTS IN IRAQ DOES NOT CHANGE THE IMMINENT GLOBAL RESET. NOTHING HAS CHANGED FOR I HAVE NOT RECEIVE A WORD ON THIS SUBJECT. THE UST IS ON LOCKED DOWN AND BANKS HAVE BEEN ALERTED. SOME...ARE SAYING THAT THE DONG WILL COME OUT TOMORROW [MONDAY] AT .47 AND THEN GO UP WITHING 4 OR 5 DAYS. THIS I DO NOT BELIEVE TO BE TRUE. THE DONG DOES NOT NEED TO FLOAT FOR IT ALREADY IS A TRADEABLE CURRENCY. THE INTERNATIONAL RELEASE SHALL BE COMING OUT FULLY ALL 198 COUNTRIES SHALL APPEAR AT THE SAME TIME. [post 1 of 2....stay tuned]
6-16-2014 Intel Guru Jester I DO NOT SEE THAT MUCH HAS CHANGED IN THE WAY IT NEEDS TO START PROGRESSING YET... HIGH HOPES THAT SOME OF THE THINGS GOING ON WILL GENERATE SOME MOMENTUM FOR THAT FIRST DOMINO TO FALL...SEEMS LIKE EVERYTHING IS LINING UP.
6-16-14 Newshound Guru Tlar So by Monday, Tuesday or Wednesday we should see the process again moving along only IMO it will move quickly because all the main players have already been chosen and agreed to. So potentially up to Friday next week everything will continue to look confusing especially if you are reading the US media. Everything will become much more clear by next Friday or before. The crux of the hold up is the election results not having been ratified yet. [post 2 of 2]
6-16-2014 Newshound Guru Tlar The process to change the country has begun. Maliki tried to get the federal court to grant him the state of emergency and they declined. So he just declared it all by himself. Everyone is ignoring his self proclaimed state of emergency. The parliament is the only organization that has the power to grant a state of emergence and rather than do that they called for the government to resign. ...the election results will be released in the next two to three days. The election committee had reported that the numbers floating around a week ago will not change much. Once the election results are ratified the new parliament will meet and get down to the business of changing the government which is now operating under a caretaker government. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Eagle1 IMF and World Bank are also waiting for the formation of the new government so that they may finalize the rates of Iraqi dinar against US dollar. Our sources say that they already have given the rates to the IMF, the lower and higher for the completion of the revaluation of the Iraqi dinar. The final discussion is left for the implementation of revaluation of Iraqi dinar. A member of finance committee of Iraq told us that revaluation of Iraq dinar will be occurring in the next couple of days as the new government is formed after fulfilling the legal procedure. [post 2 of 2]
6-15-2014 Intel Guru Eagle1 The new government is going to take its responsibilities by the mid of this month - means before the 15th of June. The priority of the Nuri Al Maliki administration is to increase the value of Iraqi dinar in the international market. Now it is time to play, as the ground is ready and the stage is set for them. Just a few political issues are behind the scene that are major obstacles for the government and central bank of Iraq to take action. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Delta THERE IS A LOT OF WRONG INFORMATION COMING THROUGH THE MEDIA, CNN, FOX, ETC.
6-15-2014 Newshound Guru Aggiedad77 We know that things are not as they appear, especially with the bought main stream US media...information precedes anything the media itself can or will divulge...by three days to a week...IMO...all is good...the store will be having a "Grand Reopening" soon..."Under New Management."
6-15-2014 Intel Guru TNT Tony we are still going in the right direction; just slowed down a little. Still looking for a great Monday.
6-15-2014 Newshound Guru Tlar FLASH NEWS. Maliki appoints himself premier of Iraq. His Excellency wants to be called king and everybody to bow in his presence. Can he do this? NO. This is about as effective as declaring your own state of emergency. So who listens to him anymore? Certainly not the opposition. This fool can declare unilaterally anything he wants. No one is paying anything more than lip service to him until he is gone.
6-15-2014 Newshound Guru Millionday the reforms in the country will not be held up by terrorists...the ministry of finance and the parliament and CBI will still be working and the plan for the country will go on --- they will just be taking care of the terrorism in the department of defense. [post 2 of 2]
6-15-2014 Newshound Guru Millionday [Did I just read that they're going ahead with economic and monetary reform before the budget is done?] yes and this is not the first time we have seen it -- Turki held a press conference when the banks notified him that they were prepared with their part and stated he would move forward with or without it in place [so every action is moving in a positive direction?] yes it seems as though with the economic announcements we have seen that they are as ready as they say they are...and all the talk of their market and how they are going to make a huge impact in the global market...that would make no sense unless THEY PLAN TO BE INTERNATIONALLY RECOGNIZED... [post 1 of 2....stay tuned]
6-15-14 Intel/Newshound Guru Poppy3 MY INVESTMENT IS SAFE...MY DECISION IS MADE I AM GOING TO SEE THE RV AND I AM GOING TO SEE IRAQ DINAR TRADED INTERNATIONALLY IN JULY JUST LIKE THEY STATED SEVERAL TIMES. MALIKI WAS INJURED YESTERDAY BUT WAS BACK HAVING MEETINGS TODAY [SATURDAY] BEGGING FOR AMNESTY AND MAKING MANY MORE PROMISES THAT THEY KNOW HE WOULD NEVER KEEP. [post 2 of 2]
6-15-2014 Intel/Newshound Guru Poppy3 i have received many emails asking the same question? [should we bail and sell for what we can get for our dinar since the civil war has started?] WELL HERE IS MY REPLY...HELL NO!! FIRST OFF THERE IS NO CIVIL WAR. SECOND I MADE THE RIGHT DECISION BACK MANY YEARS AGO WHEN I DECIDED TO START THIS INVESTMENT AND I STILL STAND ON THE FAITH I HAVE HAD EVERY DAY SINCE. ...I AM CONVINCED BEYOND A SHADOW OF DOUBT THAT THIS IS ALL ...A POLITICAL MOVE TO TRY AND STAY IN POWER EVERY DAY POSSIBLE FOR MALIKI AND I KNOW THE FINANCIAL WORLD WILL NOT STOP THEIR PROGRESS IN PREPARATION TO MOVE IRAQ TO THE WORLD STAGE FINANCIALLY IN SPITE OF POLITICS AT THIS POINT. [post 1 of 2....stay tuned]
6-15-2014 Intel Guru Mnt Goat We are looking at having this all completed by July 14th as an outside window. Must they complete all these tasks first to see the international revaluation of their currency? No - I do believe the USA will complete the revaluation process just before or just after the formal announcement of the new government officials. This is my opinion. Another Option...There are sources now telling me that the USA may wait for everyone to be officially seated and to observe the first real working session of the parliament prior to rolling out the revaluation. I just don’t think they (meaning the USA) are going to allow this to happen again. Remember that the IQD has already had in-country revalued at a rate of $3.41 earlier this year so we can expect a rate equal or greater to this amount. We now just await the international rollout. [post 2 of 2]
6-15-2014 Intel Guru Mnt Goat There has been no announcements yet in Iraq on the new government. Even the Iraqi citizen awaits the news. It was announced today that the new parliament will open it’s first official session on June 30. I would expect we should see the announcement of the final election results either today or tomorrow. So the next step in the election process in of course the formal announcement of the election results. Then the taking of the oath by all new parliament members. These new members then will vote on the candidate for president (as presented to them by the controlling bloc as winners from the election) in the next session. The president then will announce the new candidate for prime minister to the parliament, which will then ratify and seat him in the assembly. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz35OjzZaP9
6-14-2014 Intel Guru Frank26 [DO YOU THINK THAT M WILL BE THE NEXT PM?] THINK THAT HIS PARTY WILL BE THE VICTORS BUT I FEEL THAT THEY ARE HESITANT IN PROCLAIMING M AS THE PM ...I LEAN IN THE DIRECTION THAT THEY WILL GO IN THE OPPOSITE DIRECTION OF APPOINTING M AS THE PM. ESPECIALLY WHEN WE SEE TWO MUSLIM LEADERS GIVING CHALIBI (SP?) THE GREEN LIGHT AND THEIR APPROVAL FOR HIM TO BE PM.
6-14-2014 Newshound/Intel Guru BGG [do you think Maliki was injured or killed as poppy3 heard yesterday? If not, could it be a ploy or excuse for him to exit stage left?] I, too, heard that rumor - don't know what to make of it just yet. [do you think with all the turmoil going on that they would even think about RVing or just wait till after things settle down.] not sure - but like I always say - "this ain't status quo".
6-14-2014 Newshound Guru Adam Montana [each year you say nothing will be done during Ramadan, does that hold true this year? With possible govt in place as well as ISX going international July 1 do you think possibility of RV just prior to Ramadan or during Ramadan or will we wait a month if not done prior to Ramadan?] At this time I would place my wager on "nothing will be done during Ramadan", but the current situation makes me consider hedging that bet. We will have a better idea over the next couple days/weeks.
6-14-2014 Newshound/Intel Guru BGG I doubt Maliki will be "immediately removed" on Monday as some are suggesting...but there seems to be a very real sense of urgency on his part over this weekend for some reason. there was also a very real "shot across his bow" by the POTUS yesterday saying we wouldn't make any decisions until after the weekend - meaning they weren't going to support the "official Maliki GOI" - but potentially the Iraqi people later on under more of an "inclusive government" - his words... the weekend being the start of the new Parliament (supposedly) - we'll see...
6-14-2014 Intel Guru Frank26 Article: "Maliki threatens to ban Al Arabiya News in Iraq" Quote: "The Iraqi government threatened on Saturday to close the Baghdad office of Al Arabiya News Channel and ban correspondents of both Al Arabiya and sister news channel, Al Hadath, from reporting in the country." I said M was mad at media for the TRUTH they were printing about him and PM status.
6-14-2014 Newshound Gurus Bondlady & tlm724 this is what was needed, for them to set aside their differences and work as a team, before they didn't even know how but now its crucial to save their home land...then and only then will Iraq fulfill its destiny. believe it or not this is going to work out and they will feel brotherly to one another when they see they all worked together to save Iraq and finally realize that it is truly possible...they needed security, well their getting it in a huge way! By the time its done Iraq and its borders will be secure. And hopefully with the new government and new parliament and a majority gov this time they will excel in a huge major way. [post 2 of 2]
6-14-2014 Newshound Gurus Bondlady & tlm724 whats so good about this horrific event [is] that for the 1st time in 1000's of years there are no Sunnis, Shiites, Turks, communist etc...they are all one! and maybe just maybe by them all working together this is just the push Iraq needs and needed to FINALLY go forward with the great destiny that is truly in store for Iraq. President [Obama] threw down the gauntlet yesterday, IF you want our help then WE want you to work together politically, that's the key POLITICALLY. [post 1 of 2....stay tuned]
6-14-2014 Newshound Guru chattels I am reading where some commentators are saying that Maliki loses his powers as Prime Minister on the 15th when a "caretaker government” begins. My understanding is that in a parliamentary form of government that the incumbent government is the ” caretaker government ” until the next government is seated and of course that would mean that Maliki is the chief executive until replaced by a new government.
6-14-2014 Intel Guru Jester [I was out of town...about the time everybody claimed that Maliki announced the In Country RI...Did that really take place or not?] I SERIOUSLY DOUBT IT... AS I TOLD YOU BEFORE... THERE IS NO WAY THAT IS HAPPENING WHERE NO ONE WOULD KNOW... IT WOULD BE ALL OVER.
6-14-2014 Intel/Newshound Guru Poppy3 I WAS TOLD LAST WEEK THEY DO HAVE THE NEW PM CHOSEN BUT THEY WOULD NOT ANNOUNCE TILL THE 15TH AT THE EARLIEST. I WAS TOLD HE IS A PERSON FOR ALL THE PEOPLE OF IRAQ. THE SO CALLED WAR INSIDE IRAQ WILL NOT SLOW DOWN THE FINANCIAL RESTRUCTURING AND I ...GOT ANOTHER GREAT CONFIRMATION OF THAT SAME INFORMATION. I HAVE NOW HEARD SEVERAL TIMES MALIKI WAS INJURED OR KILLED TODAY IN A SUICIDE BOMBER ATTACK. TIME WILL TELL . FINANCIAL REFORM WILL CONTINUE TO MOVE FORWARD THEY HAVE NOT BEEN DETURED YET.
6-14-2014 Newshound Guru Millionday the 15th of june is sunday and that is when we were told we would hear of the new government announcement -- the news is full of remedies and countries trying to help to resolve the danger and terrorism --Maliki is alive -- and the economic side of it is that they are planning their new industry to be technical and advanced through investors and innovation.
6-14-2014 Newshound/Intel Guru BGG CIA...confirmed what I have been saying all along. ISIS in Baghdad is a non-issue... they won't do it or can't. ISIS is a guerilla unit. Frontal war is not in their favor. There were the magic words from the President (on FOX...). They intend to wait until after the weekend to have "final consultations" about what exactly we do - Iraqi leaders need to demonstrate a willingness to "include all parties" in the government which means they want the new Parliament in on Sunday and a partnership government. 6-13-2014 *** Dinar Guru News Flash *** Many gurus are reporting terrorist have caused mayhem in several parts of Iraq...that Iraq is at a crossroads. Election results, critical laws and the future stability of Iraq hang in the balance of what transpires over the coming days...weeks. Stay tuned...much more to come as it's reported.
6-13-2014 Newshound Guru Tlar Reports that Maliki has been injured or killed are circulating but nothing is confirmed. The word is out that the federal court has verified the election results but that to has not come out in an article yet. This will get very interesting by Monday of next week. I believe the new parliament will be seated by then and quickly begin the work of putting the government together. Tomorrow we should start to see positive reporting on the ground in Iraq that is more accurate of what's really taking place. We are in the last chapter of this book. So relax and savior this moment in our investment. Iraq is in the process of birthing a new democracy right before our eyes. [post 2 of 2]
6-13-2014 Newshound Guru Tlar This report from me will counter everything you will see and have seen on you evening news. The ISIS is being soundly beaten. I can also assure you that Maliki's dirty hands will be found all over this crisis. Chalabi today called Maliki's government inept and corrupt, and yesterday Chalabi called for Maliki's resignation in a news article. The NA itself has called upon the SOL to un-nominate Maliki so they can form the new government now. Although not officially announced, I am sure it will be Chalabi... [post 1 of 2....stay tuned]
6-13-2014 Intel Guru MarkZ Lots of expectations this weekend. Stay grounded as always, but it does very much appear to be highly possible. The news has been good.
6-13-2014 Intel Guru Frank26 [WILL WE SEE A SEATED GOVERNMENT BY THE 15TH?] I FEEL A PM HAS BEEN ESTABLISHED. IF SO...IT WAS DONE AT THE SPEED OF LIGHT. IF MY ASSUMPTION OF A PM IS TRUE THEN THAT WOULD BE THE CHERRY ON TOP OF THE CAKE TO SIT THE GOI THIS SUNDAY. IMO...THE CBI SHOULD GIVE AN IR (International Rate) TOMORROW TO THE NEW PM SO THAT HE CAN GIVE IT TO THE NEW CARETAKER GOVERNMENT THE FOLLOWING DAY ON THE 15TH WHEN THEY ALL SIT TOGETHER REPRESENTING NOT ONLY IRAQ BUT THE POWER AND POTENTIAL OF HER ECONOMY AND THEIR CURRENCY.
6-13-2014 Intel Guru DC [via Adept1] [Is Maliki in or out?] He is currently PM, he would love to stay another term, but it doesn’t look good. The interim government starts on the 14th, and he will not be PM unless he arranges that at the end – unless he pulls a rabbit out of his hat, in fact. [What about the VNN?] I only have information from the banks, and it is showing up on the screens. It’s still in the basket and they are going together. [will they just load the Q cards or go for a total RV?] The q-cards are already loaded but there are five different rates. They will go for the total RV at a nice high rate. [Is it possible for something in the basket to be in another basket at a later time?] Yes. [Will the Iraqi situation cause delays of get in the way of our exchanging?] I think they have it in hand. It’s worse on the news than it is on the ground.
6-13-2014 Intel Guru Mnt Goat I am now hearing from my Iraqi sources that the judiciary has already ratified the final election results but has not yet announced them to the world or Iraq. Maliki and anyone of his followers are not in the mix of this new government. We are in an excellent window to have these announcements early next week. We await the announcement of the new government first and then let us see what happens next. I am confident the final international rollout of their revalued currency will follow very quickly behind these announcements. [post 3 of 3]
6-13-2014 Intel Guru Mnt Goat Kurds also came out with a statement today that they would not vote to declare a state of emergency if the emergency session of the House of Representatives happened... Prime Minister Nouri al-Maliki is responsible for what happened since parliament rejected his call for a State of emergency. Simply put these recent attacks were nothing more than political reprisals from the Al-Maliki government for not originally giving him these emergency powers. [post 2 of 3....stay tuned]
6-13-2014 Intel Guru Mnt Goat The good news is...the mandate of the Maliki government is only 2 days from expiring. First let me put your mind at rest. There is no declaration of a state of emergency in Iraq. Speaker Osama Najafi (speaker of the house) postponed yesterday’s session in parliament till further notice for lack of quorum. At least that was the excuse given. The emergency session was in fact scheduled to be held in the House of Representatives yesterday to discuss the declaration of emergency state according to request made by Prime Minister Nuri al-Maliki and Vice President Khodair al-Khuzai. I believe by scheduling the session Najafi simply followed procedure and just had to make it all legal. [post 1 of 3....stay tuned]
6-13-2014 Intel/Newshound Guru Poppy3 [have u heard a rate on the Dong?] YES SEVERAL TIMES FROM 2.3 CENTS TO A NICKEL NO MORE AT THIS POINT BUT THEY DID SAY THEY EXPECT IT TO HIT .49 CENTS WITHIN TWO YEARS AFTER IT STARTS UP.
6-13-2014 Newshound Guru Adam Montana [With Islamic militants taking over parts of Mosul on Tuesday, will this be a big problem for us?] It's pretty likely that we will have to see how the Mosul situation progresses before we see any movement on a rate change...I don't like it...but it's not quite time to toss in the towel. As negative as things may look at times, there is always a way to turn it positive and use to one's advantage. I'm definitely keeping an eye on this situation to see how things evolve. [...will delay the RV indefinitely?] It may cause some delay, but not indefinitely.
6-13-2014 Newshound Guru Tlar Parliament couldn’t even show up for an emergency meeting and vote...The non-vote and lack of quorum will lead Maliki to the Federal Courts to issue the “state of emergency”. So in 3 days Hakim, Sadr, and the Kurds better have their butts at the Parliament...otherwise Iraq is lost and Tehran wins.
6-13-2014 Newshound/Intel Guru BGG Things I have been talking about... 4 Key events over the Last/Next few days... 1) Meeting at Jaafari's house... (didn't go so well for Maliki) 2) Emergency meeting of Parliament to discuss "State of Emergency"... (also didn't go so well for Maliki - it didn't even happen) 3) New Parliament is seated on June 15th (this Sunday) 4) Outcome of a potential appeal by Maliki to the Fed Courts to allow him to "self-impose" a "State of Emergency" and potentially pave the way for a dissolution of Parliament followed by dictatorial take-over. Based on the comments...by the President of the United States (on FOX) - I don't think #4 will fly. The White House is "very interested" to say the least. I hate to admit it - but the POTUS is the only one with the right answers - so far today. If all 4 events go badly for Maliki - he's done and this is over.
6-13-2014 Newshound Guru Adam Montana [I saw news of the Kurds saying they will secede from Iraq if Maliki gets third term, & I just saw the Kurdish Government has a plan to print their own currency for that purpose. Do you feel this is a problem for Iraq if the Kurds leave & should we be ready to get Kurdish currency?] I don't see a real possibility of the Kurds actually seceding. I know the idea has been thrown out there a few times, but I don't see it happening.
6-12-2014 Intel/Newshound Guru Poppy3 FROM THE WAY THEY TALK ALSO NEITHER THE DONG OR DINAR ARE IN BASKETS OF OTHER CURRENCIES THEY WILL STAND ALONE FROM THE REPORT. [post 2 of 2]
6-12-2014 Intel/Newshound Guru Poppy3 YESTERDAY THE IMF AND THE CB OF VN AGREED ON THE ECONOMIC FUTURE PLAN FOR THE DONG TO EXPAND AND GROW THE VALUE OF THE DONG. IT WAS RELEASED AS THE SAME TYPE DOCUMENT AND AGREEMENT THAT THE IMF DID WITH IRAQ'S CBI LAST YEAR. IT WAS A GOOD REPORT AND SPELLS THE WAY FOR THE DONG TO RV AT ANYTIME THE MINISTER OF FINANCE THERE NEEDS TO MAKE THAT DECISION TO HELP CURB THEIR GROWING INFLATION RATE. [post 1 of 2....stay tuned]
6-12-2014 Intel Guru FootForward When I saw the news about the State of Emergency I knew it was a false flag. This was part of the plan all along to have some crisis created and then the troops would be there to protect the banks and change centers. I am not concerned, I am excited, encouraged. I do think the RV will happen in June, if not, in July. Everything seems so obvious that is to happen now. They are talking about the ISX being launched and the tariffs and that can't happen without an RV. I would like to warn people about the dong. I do believe it will RV, but not nearly as high as some are saying, not any where near $2.00 and not even $.50. China needs it to be in the 5 to 10 cent range and I am confident that's where it will come. The dinar will be the big winner...period. [post 2 of 2]
6-12-2014 Intel Guru FootForward Everyone is freaking out about what is going on in Iraq. Maliki is not a dictator, not a power hungry guy. He was put in place and is supposed to be in place and will be in power until the last instant before the RV happens. I have said that he would be in Iraq until the RV and then he would go to England. His family has now been sent to England That should tell you he is planning to go there. About this whole state of Emergency...We have to look at everything in perspective. Why have they not announced the new PM? They are waiting to see how quickly they will RV and then decide to announce a new PM or keep Maliki. If the RV is going to happen right away, you will see a new PM. If it is going to be a while, a couple of weeks, you will see Maliki. I suspect you will see a new PM named and in a couple of weeks you will see everything done and could even be sooner than that. [post 1 of 2....stay tuned]
6-12-2014 Newshound Guru Tlar 2 days left until he [Maliki] is out. This guy is dangerous. I wonder what next great thing he will do to save Iraq. Probably have parliament arrested for treason, or terrorism, or corruption or something like that. It won't change a thing other than to hasten his demise. Maliki's mindset is, "I will kill them all if I have to." He is becoming a mindless rabid dog and he is going to be put down. Nothing he has done will stop this government from changing. That's not me being optimistic. That's a fact jack.
6-12-2014 Newshound Guru Millionday Article quote: "The sources told / Baghdadi News /, that "Iraqi political figures mission began her movements since yesterday after the control of militants Daash the city of Mosul, for the purpose of consultations with the political blocs from within the political process and abroad with the aim of forming a government of national salvation alternative to the government of Prime Minister that failed in crisis management and security files, the economy and services. " HERE IT COMES... HOLD ON TO HAT Quote: "The sources confirmed that "these characters will offer their movements during a meeting of leaders of political blocs today at the home of al-Jaafari," stressing that "these figures would ask Maliki to resign in order to form a government with the consent of the House of Representatives that would end legislative term on 13/6." I GUESS THEY DIDNT LIKE THE BLOWING UP COUNTRY.
6-12-2014 Intel Guru Okie_Oil_Man THERE ARE MEETING'S PRESENTLY GOING ON RELEVANT TO THE UPCOMING R/V THAT WE WILL ENJOY. AS YOU HAVE HEARD BEFORE AND IS MORE TRUE NOW THAN BEFORE--OUR R/V IS CLOSER THAN EVER. THE CONSTANT DELAYS ARE BEING DISCUSSED AND SOLVED AS WE SPEAK. THERE WILL SOME WHO WILL EXCHANGE BEFORE OTHERS AND LET US WISH THEM WELL BECAUSE WE'LL BE HOT ON THEIR HEEL'S IN OUR EXCHANGE. WE ARE SIMPLY AWAITING THE ANNOUNCEMENT OF INTERNATIONAL ACCEPTANCE OF THE NEW VALUE OF THE IRAQI DINAR. THIS IS BEING HANDLED DUE TO OUTSIDE PRESSURE BEING EXERTED ON THE USA. OUR REWARD DRAWETH NIGH. [post 2 of 2]
6-12-2014 Intel Guru Okie_Oil_Man BY NOW I AM SURE YOU ARE AWARE OF THE TURMOIL OCCURRING IN IRAQ. THE INSURGENTS ARE PLAYING HAVOC WITH THE COUNTRY. IT IS ONLY NATURAL FOR OUR CONCERN RELEVANT TO THE R/V AND WHAT IF ANY EFFECT THE DISCOURSE WILL HAVE ON OUR INVESTMENT. WHILE OUR PRAYERS ARE WITH THE IRAQI PEOPLE AND THEIR COUNTRY WE MUST REMEMBER THAT AS A COUNTRY THEY HAVE ALREADY R/I OR R/V'D THEIR CURRENCY SOME TIME AGO AND THAT WILL NOT CHANGE THE VALUE OF THEIR CURRENCY DUE TO PRESENT POLITICAL AND MILITARY UNREST IN THEIR COUNTRY. [post 1 of 2....stay tuned]
6-12-2014 Intel/Newshound Guru Poppy3 MALIKI REDUCED THE SECURITY FORCE THERE JUST LIKE HE DID IN ANBAR A COUPLE MONTHS AGO THEN ORDERED THE ATTACK. HE HAS JUST BEEN TOO OBVIOUS THIS TIME. I THINK HIS GOOSE IS COOKED WELL DONE THIS TIME. I ALSO STILL SEE THE FINANCIAL WORLD AND POWERS...INVOLVED ARE MOVING TOWARDS JUST WHAT THEY HAVE STATED THE LAST FEW WEEKS. CBI READY AND ISX OPENING FOR TRADE ON JULY 1 . TIME WILL TELL. [post 2 of 2]
6-12-2014 Intel/Newshound Guru Poppy3 MALIKI WILL NOT GET A STATE OF EMERGENCY --- PLUS UNITED NATIONS ORGANIZING FOR 4000 TO 5000 TROOPS TO BE THERE VERY SOON. MY SOURCE SAYS TO HIS KNOWLEDGE THERE ARE ZERO AMERICAN TROOPS THERE AT ALL YET. MY THOUGHTS ARE THEY WILL NOT ALLOW THIS TO ESCALATE TO A POINT THEY CAN GET UNDER CONTROL VERY FAST. [post 1 of 2....stay tuned]
6-12-2014 Intel Guru Frank26 today they tell You 10,000 US Troops are in Iraq ...Not true ...It was many days ago and it shall be many more to come.
6-12-2014 Newshound Guru Kaperoni Article: "Invitation to peg to a basket of currencies" we already know the plan as detailed in the IMF Article IV Consultation. I don't expect a peg until the dinar gets to where it belongs first. Let them get in compliance before we start to get a little excited. It is good that despite what is going on, there are some still moving the economy, monetary policy and banking forward. It will come.
6-12-2014 Newshound/Intel Guru BGG This is the End Game for Maliki. He may well get the Fed Court to rule in his favor - but I don't see that being accepted well in the world's eyes. [what is your take on after M is out, what are these insurgents just gonna leave?] The Kurds will step in immediately - would be the easy answer.
6-12-2014 Newshound Guru Millionday [Do you still feel the ISX won't go live without the RV happening first?] the global platform for the isx will include the product of their currency and it will have to be priced for sale when the market goes global --- it is global economics that makes that happen...when the isx goes global it will be priced not that the dinar wont have a reality rate placed on it before or that it may take more time we just dont know but they are talking about the omx launching july 1st and being ready the middle of this month...we dont know the date.
6-12-2014 Newshound/Intel Guru Randy Koonce If Maliki does not get the state of emergency he will know that he is gone...and we believe that he will pull the trigger on the money a few hours before he loses total control...which is by Sunday the 15th... IF he gets the state of emergency then sometime between tomorrow and the 30 days he will need it to bribe enough votes to garnish the largest votes. ...so between now and Monday is looking good and if not then...We are looking within the next 30 days. I believe that we have a very good chance for now until sunday. Do not worry about the fighting it will not last long. I believe that parliament will go ahead and announce Chalibi as the next candidate and we will be very happy by Tues next week...Lets pray for that to happen. I have always said that it does not matter about the violence it is about the money and it would not matter if Iraq blew itself up the money will come. [post 2 of 2]
6-12-2014 Newshound/Intel Guru Randy Koonce WE have been waiting for the election results, the reason we are still waiting is because even tho State of Law won the election Maliki cannot get enough vote to put together the largest group of parliament to get and maintain a majority. ...so he has delayed the election results so that it will give him time to bribe as many parliament people as he can until the 15th of June when the existing parliament must leave their post. That is also when Maliki loses his power as PM and Iraq will put in an interim government...Maliki...has two options 1. threaten, bribe, beg enough people to put together the largest coalition. 2. Try to have an emergency and put the Country into a State of emergency. As you can see on the news Maliki picked Number 2 because he could not do the first one. Tomorrow Maliki is asking for the state of emergency if he gets it he will be PM for 30 more days min or until the crisis is over. [post 1 of 2....stay tuned]
6-12-2014 Newshound Guru Adam Montana 4. Election results should be announced (officially) any day now... but for all those that are certain Maliki will not remain in his position, I have to ask this... who will replace him? There is nobody. And also, why would they be calling for MALIKI to attend these meetings if there was significant chance for him to be outed? I simply don't think he's going anywhere, and if he plays his cards right this is a prime opportunity to make significant progress towards a stronger government, country, and currency. I'm not saying I like Maliki! But I do think that if he's replaced, Iraq will be taking 2 steps backwards, and it will take a couple years for the next PM to be in as strong of a situation to raise the value of the currency. For me, Maliki is the lesser of evils and is the best man for the job at this time.
6-12-2014 Newshound Guru Adam Montana 1. Parliament supposed to wrap up current session shortly. Hopefully budget will be passed, but I'm not too concerned with that either way. 2. 2nd largest city in Iraq Mosul has been taken over by Al Quaida, Maliki calls for State of Emergency. This could be good, because it would give him executive authority to make some MAJOR moves. His goal should be to quash opposition, angle towards a resolution of HCL with the Kurds in order to prevent them from acting individually and cutting Baghdad off from future oil profits, and he should be taking swift action to regain control of Mosul. We will see how this pans out in the next week or so. 3. Regardless of the Mosul situation, Oil Minister declares oil exports will not be affected. This is KEY for any potential raise in the value of the currency...
6-11-2014 Newshound/Intel Guru Eagle1 According to two separate sources, I'm told that the currencies will be released to FOREX and be allowed to float rather liberally for some unspecified period of time "until they achieve market stability," after which "a managed float" of plus or minus 2% would be implemented. If the IQD comes out at the $3+ rate we've been hearing behind the scenes for many months, I would expect it to react similarly and perhaps settle in a $4+ range or even higher. There's another item to consider with these currencies, and that's the future of the VND. For well over a year, the projection from major economists and traders has been in the $.45 - $.49 range. We've seen those numbers increase in recent weeks and months, but here again we have a whole lot of fluidity in play. I will say that if the VND comes out anywhere near those numbers, it won't stay there for long! Vietnam's economy is a whole lot stronger today than it was 30 years ago. [post 3 of 3]
6-11-2014 Newshound/Intel Guru Eagle1 As the months have turned into years, any idea has long since been abandoned that the currencies with their numbers would remain a secret. Many individuals have been poised for well over a year to take advantage of any gap between one or more currencies revaluing before the rest. For that reason the IMF, its controlling board and its associated central bankers have ditched any plans for a sequential rollout. This past weekend any nations, whose new currency valuations had yet to be released to the IMF, did release those numbers to the IMF. [post 2 of 3....stay tuned]
6-11-2014 Newshound/Intel Guru Eagle1 Obviously the entire RV/GCR has been a very fluid event for a long time. We have all seen a fistful of events transpire which have led us to believe that our Blessing is imminent. Nothing I've seen or heard changes that, either. However, for some months there has been a background current of expectation that we were going to see things break in a two-step process beginning with a "general RV" consisting of the revaluation of all of the major currencies, (and available only for a short time in order to accommodate private placements and private exchanges) followed by a Global Reset which would make all of the restructured currencies (both gainers and losers) available to the general public. That plan has apparently gone by the wayside. [post 1 of 3....stay tuned]
6-11-2014 Intel Guru TNT Tony [via Adept1] What we do know is all good news today. Bank people are still at the bank, and staff are at the exchange centers, for the most part. Everybody is still on Go, we just don’t know the exact time or moment...you should all be happy. I’m super-fantastic and I’m ready for this ride to be over! [In late June, Ramadan starts and some want to push it off to 1. July. Then some Iraqi officials says they don’t want to do it after June 28th. Is that true?] I think they will do it before then.
6-11-2014 Intel Guru DC [via Adept1] It was supposed to go down Monday and then yesterday, and things are very close right now. We are in a phenomenal position...I know what certain agencies and people are saying, but really it’s an hour by hour fight.
6-11-2014 Newshound Guru Millionday Article quote: "ruled out an economist and a relationship between the Iraqi government's actions and the high exchange rate of Iraqi dinar against the U.S. dollar, and expected recovery in the dollar to its previous status within days." it gets better...Quote: "the Central Bank of Iraq is responsible for the policies of the stability of the exchange rate of the Iraqi dinar against foreign currencies, the only one who has the mechanisms and authority for the stability of the exchange rate of the dinar in Iraq." it appears that CBI is getting pressure...also they are saying that everything is in place but the budget and that is what is holding back funds for projects... it is saying security-gov - budget-and all else has no effect -- it is CBI `s job to move the rates.
6-11-2014 Intel Guru Frank26 Two weeks ago...I said they will NOT give us the election results until the last possible nano seconds...Like the 14th or 15th. Still looking that way. [I believe this is what we are waiting for and I am very very excited!] I must admit...Me too. Stay Strong as we watch many things come to a conglomeration around the 15th...To the 1st.
6-11-2014 Intel Guru MarkZ We seem to be stuck in a any moment groundhog day. There has been no bad news and only positive. All my sources still think any moment.
6-11-2014 Newshound Guru Millionday Article quote: "A member of the parliamentary Commission on Security and Defense MP, of the State of Law coalition, Abbas al-Bayati denied the government's intention to impose a state of emergency in the country, after the fourteenth of this month..." it is not going to happen and is not needed to have a state of emergency.
6-11-2014 Newshound/Intel Guru BGG I do believe Maliki is in deep trouble. This appears to be his MO. When in trouble - start a war...as I have said for 2 years - once he's gone, it's good for everyone. I think the next few days will be very telling for us.
6-11-2014 Intel Guru Mnt Goat Under the Iraq constitution, parliament can declare a 30-day state of emergency on a two-thirds vote by its members, granting the prime minister the necessary powers to run the country. But the speaker of the house must bring this proposal to the members for a vote. He refused in the past and so far he is still refusing. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government with relative stability. I am now hearing from my Iraq sources that the judiciary will now wait until next week (past June 14th) to make the announcements... [post 2 of 2]
6-11-20124 Intel Guru Mnt Goat Islamic militants overran parts of Iraq's second-largest city, Mosul, on Tuesday...Is this not the day the judiciary was supposed to announce the ratified election results thus the players in the new government of Iraq. Maliki was not going to be part of it. The timing of this event could not be more obvious as to what Maliki is attempting to do. He is creating this violence with the hope that the parliament will cave in under pressure for a solution and grant him the powers he requested. [post 1 of 2....stay tuned]
6-11-2014 Intel Guru Bluwolf ...today the insurgency took over a city in Iraq, today was the official launching of the new PM, today all was to go international...Ok, that was the bad news. The good news is that nothing has changed, that we are set to go asn, that the negative in Iraq today doesn't change that they have a new PM, that they are democratically sovereign and by this fact they must now reach out to the world as being internationally sovereign as well and for that they must launch their currency internationally.
6-11-2014 Intel/Newshound Guru Poppy3 VERY CURIOUS THAT MALIKI MOVED HIS FAMILY OUT OF THE COUNTRY TWO WEEKS AGO AND HE FLEW THEM OUT OF THAT AIRPORT THEN MOVE THE MAJORITY OF THE SECURITY FORCES OUT THEN HE SENDS IN HIS GOONS AND TAKES THE PLACE OVER. LAST NIGHT [MONDAY] I REPORTED I RECEIVED INFO THAT THE RV WILL NOT GO BEYOND JUNE 30. AS FOR HOW THIS WILL EFFECT THAT STATEMENT IT WILL DEPEND IF THE GOI FALLS FOR MALIKI'S DISTRACTION AGAIN.
6-11-2014 Newshound Guru Tlar ...here is where we were going and I happen to think we are still going there. On June 14th the present parliament is done. Right after that the new members will convene and the first order of business will be to vote a new PM in. That decision has already been agreed to by all the sects so that should be a slam dunk. The next few days will be critical to our investment ...I still believe Turki will pull the trigger the last week of this month...I feel very comfortable that this investment will come to fruition in the next 3 weeks. In fact I believe this so strongly that I am saying "WE ARE THERE." [post 2 of 2]
6-11-2014 Newshound Guru Tlar Maliki has lost this election big time and the coalition has won. The election results are not yet ratified but the coalition’s lead is an impossible hill for Maliki to climb. There will be a government change soon. Last night a new hitch was put in this get along. Maliki announced that the ISIS and or Daash has moved in and taken Mosul the 2nd largest city in Iraq. He is calling for the parliament to declare Marshall law which is required by law. It won't happen. The election results are supposed to be released today. Maliki is calling for a complete cessation of the election and if parliament declares Marshall Law, that would leave Maliki in charge until it is undeclared. The timing, the motive and the orders are suspicious. Today [Tuesday] or tomorrow we should have an answer to this situation. [post 1 of 2....stay tuned] 6-10-2014 Newshound/Intel Guru Eagle1 Let me give you a benchmark for Vietnam. Let's go back to the late 60's before the dong was sanctioned and put on a program rate. It was worth over $2.20. I'm not hearing anybody saying we're going to hit $2.20 but look for .47 to .49 and I wouldn't be surprised to see it float upward fairly quickly to over .80. [post 3 of 3]
6-10-2014 Newshound/Intel Guru Eagle1 The return on your investment should be spectacular on top of spectacular. They have already given a number to the IMF. But if they come out at that number not to expect that number to sit there very long. They've given a top and low end range to the IMF and right now it's somewhere in the middle. What I'm getting from my high-level contacts - they're saying they're going to let these currencies float initially then settle back. Look at Kuwait. They're saying they're going to do that with the dong, the dinar, the rupiah, approx. 80 currencies will float freely. But they're not saying for how long but will float until they reach market stability. [post 2 of 3....stay tuned]
6-10-2014 Newshound/Intel Guru Eagle1 [via FLPatriot59] You're going to [be] rich real soon, and sooner than later. I'm inclined to think they're going to sit their government sooner than the 15th. There's a whole of political fussing going on behind the scenes.The have extracted a promise from CL for a deadline. Mosul is not a delay. If anything I see these events like this as mechanisms that will increase the need for it to take place all the sooner. [post 1 of 3....stay tuned]
6-10-2014 Newshound Guru Tlar [With a series of articles over the past several weeks indicating increasing animosity for Maliki as the next PM, what is the National Alliance dragging its feet on announcing who they are nominating instead of Maliki? Is there something to be gained by dragging to process out?] The NA is not dragging their feet. Remember nothing happens until the 15th. The coalition is waiting for the election results which prove they are the winners. Maliki tried on numerous occasions to strike a deal for immunity...and the coalition would not deal with him. The coalition has the numbers and no matter what, they control the outcome of this election and will get the PM they want and make Iraq the government they want.
6-10-2014 Intel Guru TNT Tony Everything that glitters is not gold and all bad news is not bad (sometimes required).
6-10-2014 Newshound Guru Enorrste At the same time, I do not think that this is necessarily bad for our investment. ...Mosul is a large city and the story of giving it all up to terrorists "doesn't pass the smell test." This is largely political. I am not certain that I agree that this is a desperate attempt on Maliki's part. This man is very shrewd and this may be a ploy on his part to convince the new parliament to "not rock the boat" and let him have his 3rd term. [post 2 of 2]
6-10-2014 Newshound Guru Enorrste Article: "Bayati denies government's intention to impose state of emergency" If Maliki institutes marshall law then, effectively, he becomes a dictator. Once that door is open it will be up to him alone to determine when to close it again. That cannot be good, in my view. Najafi may think she is just calling his bluff, but if he does show Thursday and they follow his lead, which is the way it looks now, he may be in for a very long time. [post 1 of 2....stay tuned]
6-10-2014 Newshound Guru Kaperoni Article: "Gunmen "control" to Mosul in northern Iraq, and al-Maliki calls for parliament to declare a state of emergency" my fear is the destruction these terrorist groups do in the meantime. They proven to destroy bridges electric plants power poles, etc. Take over gov offices, raid banks..on and on. This slows down our investment.
6-10-2014 Newshound Guru Bondlady Terrorist has taken over several parts of Iraq that's why Maliki is calling for a state of emergency convening in parliament. He really does need to push the marshal law button at this point, they fled into Iraq from Syria. It's so bad right now the Kurds pershmerga army and the federal army have joined forces to protect the borders coming in from Syria. you all know Kurds and Baghdad are at odds right now so you know this is huge and major important to Iraq's security...if they don't all join up to save Iraq it'll be bad bad. it's pretty bad right now I expect to see the UN or USA come in at any time to aid in the fight, it is that bad imo, we shall see.
6-10-2014 Newshound Guru Shredd [Are they still talking "mid" year?] last we heard, yes. [Do you think their plan is still to get things rolling "bigtime" this month?] I expect nothing. Not to say I don't think the CBI won't move forward with their plan to begin removing the three zero notes...we'll just have to see and not sure if political situation and lack of a passed budget will delay things. [post 2 of 2]
6-10-2014 Newshound Guru Shredd [how do they continue to grow there GDP and there currency is at 1166?] easy, managed the rate, it doesn't have to reflect true value like a free float but once Iraq is a market economy it will need to. imo, there is a process for Iraq to get there. [the question might be...how long will the process take?] well the project to delete the zeros is a big part of the timing. [post 1 of 2....stay tuned]
6-10-2014 Intel Guru Winalot The country is flooded with visitors from other countries. It is going to be confusing enough for the Iraqi's, without adding a half dozen other foreign currencies brought in by the visitors to deal with. Not to mention the cost of exchanging that currency at the new rates. Today, we see that Al-qaeda has has taken over parts of Mosul, and they already control Fallujah. Do you think for one second that there will be a revaluation while this is going on? I seriously doubt it. Al-qaeda would gain too much financially if the revaluation were to occur. I have no idea where that leaves us as far as a time frame... and I seriously doubt anyone knows. Including Iraq. [post 2 of 2]
6-10-2014 Intel Guru Winalot A new Parliament is to be seated on the 15th of the month. They have not passed a budget. They have no new Prime Minister. That gives us thru Friday if they are going to do this before Ramadan. If not before the 15th, the new parliament takes over, and the business of seating a government will take precedence over the budget and any other business at hand. The new parliament will have 13 days to seat a full government, decide on a PM, pass the budget, and revalue the currency, all before Ramadan. Ramadan starts on the 28th of the month. I feel it is highly unlikely for the revaluation to occur during that time. [post 1 of 2....stay tuned]
6-10-2014 Intel Guru Frank26 I was asked IF I believe we will see a seated GOI by the 15th...I said no, IMO. Asked...will we see Supreme Courts' final results on the elections on the 10th today? I said no. As I shared two things...Politicians are RUNNING from Iraq AND Some politicians threatened Iraq Banks. (THAT WAS A BIG MISTAKE).
6-10-2014 Newshound Guru Millionday we have some good news tonight and it goes along with the platform we are holding our breath about...that is the ISX hooked to the global platform OMX and what that means to us is - international compliance for it to launch...now let me add one more thing...the Lebanon Banks said they are not getting a return on their investments as the rest of the international banks etc but THEY ARENT WORRIED ABOUT IT BECAUSE THEY STRATEGICALLY PLACED THEMSELVES IN IRAQ FOR THE GAINS FROM THE SECURITIES MARKET (isx). HUGE STATEMENT TO NOT CARE ABOUT MONEY INVESTED BECAUSE OF A RETURN COMING ...
6-10-2014 Newshound/Intel Guru Poppy3 [is there any good news...?] YES ...I WILL SAY THEY TOLD ME WE WILL NOT GET OUT OF JUNE WITHOUT SEEING THE RV.
6-10-2014 Intel Guru TerryK WHAT I HAVE BEEN TOLD THIS AM IS THAT THIS IS ALL DONE AND THAT WE ARE ONLY WAITING FOR THE TECHNICAL ANNOUNCEMENT AS IRAQ HAS IDENTIFIED ITS NEW PM. THAT IS TO COME EITHER TONIGHT [MONDAY] OR IN THE MORNING. WHEN THAT HAPPENS THEN THE IMF AND THE UN WILL RELEASE THE CODES FOR THE MAGIC MACHINES TO TURN ON THE RV. ALSO THE GOLD STANDARD HAS NOT BEEN SIGNED OFF AS OF YET. LOOKING FOR THAT EITHER TONIGHT OR TOMORROW AS WELL. ONE DC CONTACT SAID TUESDAY NIGHT RINGS STRONG BUT ANOTHER SAID IT WAS TO HAVE GONE DOWN LAST SATURDAY. SO IT’S JUST SITTING THERE READY. IT’S ALL UP TO THE IMF AND UN...ONCE THEY (IRAQ) MAKE THE OFFICIAL ANNOUNCEMENT OF THE PM AND SEAT HIM YOU WILL SEE IT. IT’S COMING PEEPS. IT’S NEARLY HERE.
6-9-2014 Newshound Guru Kaperoni It appears that the CBI is now finally trying to reduce the spread to where it should be (by liberalizing the foreign exchange, use OMO and allow money exchangers) to meet the conditions set forth from the IMF. This has been a work in progress for Turki since mid last year. We have to hope that once that is achieved, the IMF will let them exit Article XIV and move to Article VIII and a new exchange regime. [post 2 of 2]
6-9-2014 Newshound Guru Kaperoni ...could the CBI RV'd the currency or exited Article XIV to Article VIII before now? Raise the value under Article XIV? sure, (and Shabibi did it several times)...exit to Article VIII and make the dinar convertible probably not. Shabibi could have because back in 2012 he was in compliance, but since Turki took over they are not...so...until they are in compliance, the IMF will not let them exit to Article VIII. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru DC [via Adept1] Things look really phenomenal...in terms of everyone being prepared, happy, and on lockdown. Was the process paused? Maybe, but now we are back on green, good to go. I am looking for this TODAY. I know people like back windows, but they don’t exist at this point. It’s day to day, almost hour by hour now. [Is there still a contract rate?] Everything is the same as what we’ve been describing. Everything looks amazing, and we are fully expecting it at any time across the entire world.
6-9-2014 Intel Guru TNT Tony [via Adept1] I am super-fantastic right now. [I understand the currency will be trading on the ISX...and also on the Forex? What will come first...forex or RV?] It will happen at the same time...on forex. Trading on the Forex is what makes it international. It will show up on the ISX on July 1, and that is public information. [Is there still a China rate?] Do you mean is there still a contract rate? There are still contract rates. [Is there anything we are waiting for before this goes through?] Yes, there is a public announcement that has to be made about the about the GOI, and that will be made over there...and then things will go quick. It is literally hour by hour now and could happen at any time.
6-9-2014 Newshound Guru Aggiedad77 Article: "Economist: delay in the budget behind the rise of the dinar and the dollar will rise .. soon" Any relationship between the Iraqi government and the high exchange rate of the dinar against the USD has been ruled out by economists and an expected recovery of the dollar within the next few days is predicted...the CBI is the one who sets policies for the exchange rate of the IQD against any foreign currency...they are the only one who has the authority to affect such changes...that is an important point to remember...it is a positive thing to witness the continued auctions by the CBI even with the government basically at a standstill due to the lack of an approved budget...this shows the independence of the CBI to the government...the drop in the price of the buying and selling of the USD and other foreign currencies is positive for the policy of national exchange.
6-9-2014 Intel Guru Mnt Goat From June 10th to mid July we are in the absolute best window ever to see the international announcement of the revalued IQD currency. I believe the RV could happen at any stage of the process after June 10th but I am saying it is most likely to happen just before or just after the announcement of the newly formed government’s completion and before the expected July 1st ISX rollout. The IQD rate will be high when it comes out and it will climb very quickly. Iraq has met all necessary Basel III requirements and beyond for valuation of a very, very high rate as an asset backed currency. [post 2 of 2]
6-9-2014 Intel Guru Mnt Goat So what happened last week with the Qi Cards? ...they are now loading these cards for those who are traveling abroad and for those Iraqi citizens already living in foreign countries. So how will they be able to use these cards abroad without an international rate in this manner? On April 19, 2009, the ISX switched to electronic trading. Now they plan to fully rollout the last phase of the ISX and this phase includes the complete international implementation. This is planned for July 1st of this year. This past week there were statements made by Turki (acting governor of the CBI) stating that the CBI will start the lifting of the 3 zeros and they will be ready for the ISX to start trading internationally on their opening day of July 1st. I...believe they must begin the process of going international with their currency days in advance of that date to be ready. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru MarkZ I did rather expect to see an RV early this morning. I knew based on progress late Saturday that thinking we would have it Monday morning was optimistic but, I am a glass half full kinda guy. We are still close and closing on done. [SO- the latest chatter leans to another week: 6/15...?] I doubt another week. My only concern is I know logistics are much easier to do it on a weekend. That being said no one has taken the easy road on this so far so I wouldn't be at all surprised to see it just pop mid day this week. [I am thinking when July 1st when Iraq is on ISX.] I do not think we have to wait that long. [out of the 4 in the basket what do you think will be the best bang for your buck?] I still think VND is the best dark horse but only time will tell us. [heard rumors of $4 & $11 for IQD your thoughts?] street 4 ish and contract higher is MO.
6-9-2014 Newshound Guru Millionday my opinion is -- they are trading on the isx right now -- in country -- however to hook to the global market the dinar is their largest and all countries largest product -- it will be priced at its value -- however it shall be, it will be its true value as all items and shares --- or they wont have a market -- [Would it not be financial suicide to enter the global market at 1166...? Would it not be a disaster?] it would wipe them out in my opinion. i read that they may float it at a managed float for six months from the set value -- that means 2% one way or the other and i read they will set the price and it will hold for six months...i read it will float from the beginning from the reality rate -- that i totally disagree with. we will have to see, either way a price for the product (dinar) will be set.
6-9-2014 Intel/Newshound Guru Poppy3 I THINK AS SOON AS THE NEW PM IS NAMED PUBLICLY THAT THE GOI WILL BE SET WITHIN A WEEK TO 10 DAYS AND ALL WILL MOVE FORWARD IN EVERY WAY....BUDGET, 140, HCL, RV...ALL WILL BE ALMOST SIMULTANEOUSLY. WE HAVE TO...MAKE SURE THAT POST IS FACTUAL AND NOT SOME PLANTED REPORT. WE ARE GOING TO WIN VERY SOON AND THAT PART IS FACT. [post 2 of 2]
6-9-2014 Intel/Newshound Guru Poppy3 just received this email -- HAS NOT BEEN CONFIRMED BUT IS WHAT I HAVE BEEN EXPECTING... "National Alliance: Maliki's reign ended after he settled the name of the Prime Minister Agency eighth day June 8, 2014...The source declined to name the next prime minister before the ratification of the results, but stressed that Iraq will not be a new era of Mr. Nuri al-Maliki any executive role in it..." IF THIS NEW PM IS GOING TO KEEP TURKI THEN THERE SHOULD BE A FAST TRANSITION FROM MALIKI GROUP TO THE NEW GOI. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru Hub i wonder if finally having some local (dinar) currency available for the people to use, might stop some of the outbreak of violence. If they can work for money, support their family, this has to have a soothing effect, i would think. [one would think, at least at RI or RV " numbers "...a dime would be huge.] yes it would, but i dont think going back to the pre war value is a big deal...this is where it will go...i have no doubt it will...no reason not to.
6-14-2014 Newshound/Intel Guru BGG [do you think Maliki was injured or killed as poppy3 heard yesterday? If not, could it be a ploy or excuse for him to exit stage left?] I, too, heard that rumor - don't know what to make of it just yet. [do you think with all the turmoil going on that they would even think about RVing or just wait till after things settle down.] not sure - but like I always say - "this ain't status quo".
6-14-2014 Newshound Guru Adam Montana [each year you say nothing will be done during Ramadan, does that hold true this year? With possible govt in place as well as ISX going international July 1 do you think possibility of RV just prior to Ramadan or during Ramadan or will we wait a month if not done prior to Ramadan?] At this time I would place my wager on "nothing will be done during Ramadan", but the current situation makes me consider hedging that bet. We will have a better idea over the next couple days/weeks.
6-14-2014 Newshound/Intel Guru BGG I doubt Maliki will be "immediately removed" on Monday as some are suggesting...but there seems to be a very real sense of urgency on his part over this weekend for some reason. there was also a very real "shot across his bow" by the POTUS yesterday saying we wouldn't make any decisions until after the weekend - meaning they weren't going to support the "official Maliki GOI" - but potentially the Iraqi people later on under more of an "inclusive government" - his words... the weekend being the start of the new Parliament (supposedly) - we'll see...
6-14-2014 Intel Guru Frank26 Article: "Maliki threatens to ban Al Arabiya News in Iraq" Quote: "The Iraqi government threatened on Saturday to close the Baghdad office of Al Arabiya News Channel and ban correspondents of both Al Arabiya and sister news channel, Al Hadath, from reporting in the country." I said M was mad at media for the TRUTH they were printing about him and PM status.
6-14-2014 Newshound Gurus Bondlady & tlm724 this is what was needed, for them to set aside their differences and work as a team, before they didn't even know how but now its crucial to save their home land...then and only then will Iraq fulfill its destiny. believe it or not this is going to work out and they will feel brotherly to one another when they see they all worked together to save Iraq and finally realize that it is truly possible...they needed security, well their getting it in a huge way! By the time its done Iraq and its borders will be secure. And hopefully with the new government and new parliament and a majority gov this time they will excel in a huge major way. [post 2 of 2]
6-14-2014 Newshound Gurus Bondlady & tlm724 whats so good about this horrific event [is] that for the 1st time in 1000's of years there are no Sunnis, Shiites, Turks, communist etc...they are all one! and maybe just maybe by them all working together this is just the push Iraq needs and needed to FINALLY go forward with the great destiny that is truly in store for Iraq. President [Obama] threw down the gauntlet yesterday, IF you want our help then WE want you to work together politically, that's the key POLITICALLY. [post 1 of 2....stay tuned]
6-14-2014 Newshound Guru chattels I am reading where some commentators are saying that Maliki loses his powers as Prime Minister on the 15th when a "caretaker government” begins. My understanding is that in a parliamentary form of government that the incumbent government is the ” caretaker government ” until the next government is seated and of course that would mean that Maliki is the chief executive until replaced by a new government.
6-14-2014 Intel Guru Jester [I was out of town...about the time everybody claimed that Maliki announced the In Country RI...Did that really take place or not?] I SERIOUSLY DOUBT IT... AS I TOLD YOU BEFORE... THERE IS NO WAY THAT IS HAPPENING WHERE NO ONE WOULD KNOW... IT WOULD BE ALL OVER.
6-14-2014 Intel/Newshound Guru Poppy3 I WAS TOLD LAST WEEK THEY DO HAVE THE NEW PM CHOSEN BUT THEY WOULD NOT ANNOUNCE TILL THE 15TH AT THE EARLIEST. I WAS TOLD HE IS A PERSON FOR ALL THE PEOPLE OF IRAQ. THE SO CALLED WAR INSIDE IRAQ WILL NOT SLOW DOWN THE FINANCIAL RESTRUCTURING AND I ...GOT ANOTHER GREAT CONFIRMATION OF THAT SAME INFORMATION. I HAVE NOW HEARD SEVERAL TIMES MALIKI WAS INJURED OR KILLED TODAY IN A SUICIDE BOMBER ATTACK. TIME WILL TELL . FINANCIAL REFORM WILL CONTINUE TO MOVE FORWARD THEY HAVE NOT BEEN DETURED YET.
6-14-2014 Newshound Guru Millionday the 15th of june is sunday and that is when we were told we would hear of the new government announcement -- the news is full of remedies and countries trying to help to resolve the danger and terrorism --Maliki is alive -- and the economic side of it is that they are planning their new industry to be technical and advanced through investors and innovation.
6-14-2014 Newshound/Intel Guru BGG CIA...confirmed what I have been saying all along. ISIS in Baghdad is a non-issue... they won't do it or can't. ISIS is a guerilla unit. Frontal war is not in their favor. There were the magic words from the President (on FOX...). They intend to wait until after the weekend to have "final consultations" about what exactly we do - Iraqi leaders need to demonstrate a willingness to "include all parties" in the government which means they want the new Parliament in on Sunday and a partnership government. 6-13-2014 *** Dinar Guru News Flash *** Many gurus are reporting terrorist have caused mayhem in several parts of Iraq...that Iraq is at a crossroads. Election results, critical laws and the future stability of Iraq hang in the balance of what transpires over the coming days...weeks. Stay tuned...much more to come as it's reported.
6-13-2014 Newshound Guru Tlar Reports that Maliki has been injured or killed are circulating but nothing is confirmed. The word is out that the federal court has verified the election results but that to has not come out in an article yet. This will get very interesting by Monday of next week. I believe the new parliament will be seated by then and quickly begin the work of putting the government together. Tomorrow we should start to see positive reporting on the ground in Iraq that is more accurate of what's really taking place. We are in the last chapter of this book. So relax and savior this moment in our investment. Iraq is in the process of birthing a new democracy right before our eyes. [post 2 of 2]
6-13-2014 Newshound Guru Tlar This report from me will counter everything you will see and have seen on you evening news. The ISIS is being soundly beaten. I can also assure you that Maliki's dirty hands will be found all over this crisis. Chalabi today called Maliki's government inept and corrupt, and yesterday Chalabi called for Maliki's resignation in a news article. The NA itself has called upon the SOL to un-nominate Maliki so they can form the new government now. Although not officially announced, I am sure it will be Chalabi... [post 1 of 2....stay tuned]
6-13-2014 Intel Guru MarkZ Lots of expectations this weekend. Stay grounded as always, but it does very much appear to be highly possible. The news has been good.
6-13-2014 Intel Guru Frank26 [WILL WE SEE A SEATED GOVERNMENT BY THE 15TH?] I FEEL A PM HAS BEEN ESTABLISHED. IF SO...IT WAS DONE AT THE SPEED OF LIGHT. IF MY ASSUMPTION OF A PM IS TRUE THEN THAT WOULD BE THE CHERRY ON TOP OF THE CAKE TO SIT THE GOI THIS SUNDAY. IMO...THE CBI SHOULD GIVE AN IR (International Rate) TOMORROW TO THE NEW PM SO THAT HE CAN GIVE IT TO THE NEW CARETAKER GOVERNMENT THE FOLLOWING DAY ON THE 15TH WHEN THEY ALL SIT TOGETHER REPRESENTING NOT ONLY IRAQ BUT THE POWER AND POTENTIAL OF HER ECONOMY AND THEIR CURRENCY.
6-13-2014 Intel Guru DC [via Adept1] [Is Maliki in or out?] He is currently PM, he would love to stay another term, but it doesn’t look good. The interim government starts on the 14th, and he will not be PM unless he arranges that at the end – unless he pulls a rabbit out of his hat, in fact. [What about the VNN?] I only have information from the banks, and it is showing up on the screens. It’s still in the basket and they are going together. [will they just load the Q cards or go for a total RV?] The q-cards are already loaded but there are five different rates. They will go for the total RV at a nice high rate. [Is it possible for something in the basket to be in another basket at a later time?] Yes. [Will the Iraqi situation cause delays of get in the way of our exchanging?] I think they have it in hand. It’s worse on the news than it is on the ground.
6-13-2014 Intel Guru Mnt Goat I am now hearing from my Iraqi sources that the judiciary has already ratified the final election results but has not yet announced them to the world or Iraq. Maliki and anyone of his followers are not in the mix of this new government. We are in an excellent window to have these announcements early next week. We await the announcement of the new government first and then let us see what happens next. I am confident the final international rollout of their revalued currency will follow very quickly behind these announcements. [post 3 of 3]
6-13-2014 Intel Guru Mnt Goat Kurds also came out with a statement today that they would not vote to declare a state of emergency if the emergency session of the House of Representatives happened... Prime Minister Nouri al-Maliki is responsible for what happened since parliament rejected his call for a State of emergency. Simply put these recent attacks were nothing more than political reprisals from the Al-Maliki government for not originally giving him these emergency powers. [post 2 of 3....stay tuned]
6-13-2014 Intel Guru Mnt Goat The good news is...the mandate of the Maliki government is only 2 days from expiring. First let me put your mind at rest. There is no declaration of a state of emergency in Iraq. Speaker Osama Najafi (speaker of the house) postponed yesterday’s session in parliament till further notice for lack of quorum. At least that was the excuse given. The emergency session was in fact scheduled to be held in the House of Representatives yesterday to discuss the declaration of emergency state according to request made by Prime Minister Nuri al-Maliki and Vice President Khodair al-Khuzai. I believe by scheduling the session Najafi simply followed procedure and just had to make it all legal. [post 1 of 3....stay tuned]
6-13-2014 Intel/Newshound Guru Poppy3 [have u heard a rate on the Dong?] YES SEVERAL TIMES FROM 2.3 CENTS TO A NICKEL NO MORE AT THIS POINT BUT THEY DID SAY THEY EXPECT IT TO HIT .49 CENTS WITHIN TWO YEARS AFTER IT STARTS UP.
6-13-2014 Newshound Guru Adam Montana [With Islamic militants taking over parts of Mosul on Tuesday, will this be a big problem for us?] It's pretty likely that we will have to see how the Mosul situation progresses before we see any movement on a rate change...I don't like it...but it's not quite time to toss in the towel. As negative as things may look at times, there is always a way to turn it positive and use to one's advantage. I'm definitely keeping an eye on this situation to see how things evolve. [...will delay the RV indefinitely?] It may cause some delay, but not indefinitely.
6-13-2014 Newshound Guru Tlar Parliament couldn’t even show up for an emergency meeting and vote...The non-vote and lack of quorum will lead Maliki to the Federal Courts to issue the “state of emergency”. So in 3 days Hakim, Sadr, and the Kurds better have their butts at the Parliament...otherwise Iraq is lost and Tehran wins.
6-13-2014 Newshound/Intel Guru BGG Things I have been talking about... 4 Key events over the Last/Next few days... 1) Meeting at Jaafari's house... (didn't go so well for Maliki) 2) Emergency meeting of Parliament to discuss "State of Emergency"... (also didn't go so well for Maliki - it didn't even happen) 3) New Parliament is seated on June 15th (this Sunday) 4) Outcome of a potential appeal by Maliki to the Fed Courts to allow him to "self-impose" a "State of Emergency" and potentially pave the way for a dissolution of Parliament followed by dictatorial take-over. Based on the comments...by the President of the United States (on FOX) - I don't think #4 will fly. The White House is "very interested" to say the least. I hate to admit it - but the POTUS is the only one with the right answers - so far today. If all 4 events go badly for Maliki - he's done and this is over.
6-13-2014 Newshound Guru Adam Montana [I saw news of the Kurds saying they will secede from Iraq if Maliki gets third term, & I just saw the Kurdish Government has a plan to print their own currency for that purpose. Do you feel this is a problem for Iraq if the Kurds leave & should we be ready to get Kurdish currency?] I don't see a real possibility of the Kurds actually seceding. I know the idea has been thrown out there a few times, but I don't see it happening.
6-12-2014 Intel/Newshound Guru Poppy3 FROM THE WAY THEY TALK ALSO NEITHER THE DONG OR DINAR ARE IN BASKETS OF OTHER CURRENCIES THEY WILL STAND ALONE FROM THE REPORT. [post 2 of 2]
6-12-2014 Intel/Newshound Guru Poppy3 YESTERDAY THE IMF AND THE CB OF VN AGREED ON THE ECONOMIC FUTURE PLAN FOR THE DONG TO EXPAND AND GROW THE VALUE OF THE DONG. IT WAS RELEASED AS THE SAME TYPE DOCUMENT AND AGREEMENT THAT THE IMF DID WITH IRAQ'S CBI LAST YEAR. IT WAS A GOOD REPORT AND SPELLS THE WAY FOR THE DONG TO RV AT ANYTIME THE MINISTER OF FINANCE THERE NEEDS TO MAKE THAT DECISION TO HELP CURB THEIR GROWING INFLATION RATE. [post 1 of 2....stay tuned]
6-12-2014 Intel Guru FootForward When I saw the news about the State of Emergency I knew it was a false flag. This was part of the plan all along to have some crisis created and then the troops would be there to protect the banks and change centers. I am not concerned, I am excited, encouraged. I do think the RV will happen in June, if not, in July. Everything seems so obvious that is to happen now. They are talking about the ISX being launched and the tariffs and that can't happen without an RV. I would like to warn people about the dong. I do believe it will RV, but not nearly as high as some are saying, not any where near $2.00 and not even $.50. China needs it to be in the 5 to 10 cent range and I am confident that's where it will come. The dinar will be the big winner...period. [post 2 of 2]
6-12-2014 Intel Guru FootForward Everyone is freaking out about what is going on in Iraq. Maliki is not a dictator, not a power hungry guy. He was put in place and is supposed to be in place and will be in power until the last instant before the RV happens. I have said that he would be in Iraq until the RV and then he would go to England. His family has now been sent to England That should tell you he is planning to go there. About this whole state of Emergency...We have to look at everything in perspective. Why have they not announced the new PM? They are waiting to see how quickly they will RV and then decide to announce a new PM or keep Maliki. If the RV is going to happen right away, you will see a new PM. If it is going to be a while, a couple of weeks, you will see Maliki. I suspect you will see a new PM named and in a couple of weeks you will see everything done and could even be sooner than that. [post 1 of 2....stay tuned]
6-12-2014 Newshound Guru Tlar 2 days left until he [Maliki] is out. This guy is dangerous. I wonder what next great thing he will do to save Iraq. Probably have parliament arrested for treason, or terrorism, or corruption or something like that. It won't change a thing other than to hasten his demise. Maliki's mindset is, "I will kill them all if I have to." He is becoming a mindless rabid dog and he is going to be put down. Nothing he has done will stop this government from changing. That's not me being optimistic. That's a fact jack.
6-12-2014 Newshound Guru Millionday Article quote: "The sources told / Baghdadi News /, that "Iraqi political figures mission began her movements since yesterday after the control of militants Daash the city of Mosul, for the purpose of consultations with the political blocs from within the political process and abroad with the aim of forming a government of national salvation alternative to the government of Prime Minister that failed in crisis management and security files, the economy and services. " HERE IT COMES... HOLD ON TO HAT Quote: "The sources confirmed that "these characters will offer their movements during a meeting of leaders of political blocs today at the home of al-Jaafari," stressing that "these figures would ask Maliki to resign in order to form a government with the consent of the House of Representatives that would end legislative term on 13/6." I GUESS THEY DIDNT LIKE THE BLOWING UP COUNTRY.
6-12-2014 Intel Guru Okie_Oil_Man THERE ARE MEETING'S PRESENTLY GOING ON RELEVANT TO THE UPCOMING R/V THAT WE WILL ENJOY. AS YOU HAVE HEARD BEFORE AND IS MORE TRUE NOW THAN BEFORE--OUR R/V IS CLOSER THAN EVER. THE CONSTANT DELAYS ARE BEING DISCUSSED AND SOLVED AS WE SPEAK. THERE WILL SOME WHO WILL EXCHANGE BEFORE OTHERS AND LET US WISH THEM WELL BECAUSE WE'LL BE HOT ON THEIR HEEL'S IN OUR EXCHANGE. WE ARE SIMPLY AWAITING THE ANNOUNCEMENT OF INTERNATIONAL ACCEPTANCE OF THE NEW VALUE OF THE IRAQI DINAR. THIS IS BEING HANDLED DUE TO OUTSIDE PRESSURE BEING EXERTED ON THE USA. OUR REWARD DRAWETH NIGH. [post 2 of 2]
6-12-2014 Intel Guru Okie_Oil_Man BY NOW I AM SURE YOU ARE AWARE OF THE TURMOIL OCCURRING IN IRAQ. THE INSURGENTS ARE PLAYING HAVOC WITH THE COUNTRY. IT IS ONLY NATURAL FOR OUR CONCERN RELEVANT TO THE R/V AND WHAT IF ANY EFFECT THE DISCOURSE WILL HAVE ON OUR INVESTMENT. WHILE OUR PRAYERS ARE WITH THE IRAQI PEOPLE AND THEIR COUNTRY WE MUST REMEMBER THAT AS A COUNTRY THEY HAVE ALREADY R/I OR R/V'D THEIR CURRENCY SOME TIME AGO AND THAT WILL NOT CHANGE THE VALUE OF THEIR CURRENCY DUE TO PRESENT POLITICAL AND MILITARY UNREST IN THEIR COUNTRY. [post 1 of 2....stay tuned]
6-12-2014 Intel/Newshound Guru Poppy3 MALIKI REDUCED THE SECURITY FORCE THERE JUST LIKE HE DID IN ANBAR A COUPLE MONTHS AGO THEN ORDERED THE ATTACK. HE HAS JUST BEEN TOO OBVIOUS THIS TIME. I THINK HIS GOOSE IS COOKED WELL DONE THIS TIME. I ALSO STILL SEE THE FINANCIAL WORLD AND POWERS...INVOLVED ARE MOVING TOWARDS JUST WHAT THEY HAVE STATED THE LAST FEW WEEKS. CBI READY AND ISX OPENING FOR TRADE ON JULY 1 . TIME WILL TELL. [post 2 of 2]
6-12-2014 Intel/Newshound Guru Poppy3 MALIKI WILL NOT GET A STATE OF EMERGENCY --- PLUS UNITED NATIONS ORGANIZING FOR 4000 TO 5000 TROOPS TO BE THERE VERY SOON. MY SOURCE SAYS TO HIS KNOWLEDGE THERE ARE ZERO AMERICAN TROOPS THERE AT ALL YET. MY THOUGHTS ARE THEY WILL NOT ALLOW THIS TO ESCALATE TO A POINT THEY CAN GET UNDER CONTROL VERY FAST. [post 1 of 2....stay tuned]
6-12-2014 Intel Guru Frank26 today they tell You 10,000 US Troops are in Iraq ...Not true ...It was many days ago and it shall be many more to come.
6-12-2014 Newshound Guru Kaperoni Article: "Invitation to peg to a basket of currencies" we already know the plan as detailed in the IMF Article IV Consultation. I don't expect a peg until the dinar gets to where it belongs first. Let them get in compliance before we start to get a little excited. It is good that despite what is going on, there are some still moving the economy, monetary policy and banking forward. It will come.
6-12-2014 Newshound/Intel Guru BGG This is the End Game for Maliki. He may well get the Fed Court to rule in his favor - but I don't see that being accepted well in the world's eyes. [what is your take on after M is out, what are these insurgents just gonna leave?] The Kurds will step in immediately - would be the easy answer.
6-12-2014 Newshound Guru Millionday [Do you still feel the ISX won't go live without the RV happening first?] the global platform for the isx will include the product of their currency and it will have to be priced for sale when the market goes global --- it is global economics that makes that happen...when the isx goes global it will be priced not that the dinar wont have a reality rate placed on it before or that it may take more time we just dont know but they are talking about the omx launching july 1st and being ready the middle of this month...we dont know the date.
6-12-2014 Newshound/Intel Guru Randy Koonce If Maliki does not get the state of emergency he will know that he is gone...and we believe that he will pull the trigger on the money a few hours before he loses total control...which is by Sunday the 15th... IF he gets the state of emergency then sometime between tomorrow and the 30 days he will need it to bribe enough votes to garnish the largest votes. ...so between now and Monday is looking good and if not then...We are looking within the next 30 days. I believe that we have a very good chance for now until sunday. Do not worry about the fighting it will not last long. I believe that parliament will go ahead and announce Chalibi as the next candidate and we will be very happy by Tues next week...Lets pray for that to happen. I have always said that it does not matter about the violence it is about the money and it would not matter if Iraq blew itself up the money will come. [post 2 of 2]
6-12-2014 Newshound/Intel Guru Randy Koonce WE have been waiting for the election results, the reason we are still waiting is because even tho State of Law won the election Maliki cannot get enough vote to put together the largest group of parliament to get and maintain a majority. ...so he has delayed the election results so that it will give him time to bribe as many parliament people as he can until the 15th of June when the existing parliament must leave their post. That is also when Maliki loses his power as PM and Iraq will put in an interim government...Maliki...has two options 1. threaten, bribe, beg enough people to put together the largest coalition. 2. Try to have an emergency and put the Country into a State of emergency. As you can see on the news Maliki picked Number 2 because he could not do the first one. Tomorrow Maliki is asking for the state of emergency if he gets it he will be PM for 30 more days min or until the crisis is over. [post 1 of 2....stay tuned]
6-12-2014 Newshound Guru Adam Montana 4. Election results should be announced (officially) any day now... but for all those that are certain Maliki will not remain in his position, I have to ask this... who will replace him? There is nobody. And also, why would they be calling for MALIKI to attend these meetings if there was significant chance for him to be outed? I simply don't think he's going anywhere, and if he plays his cards right this is a prime opportunity to make significant progress towards a stronger government, country, and currency. I'm not saying I like Maliki! But I do think that if he's replaced, Iraq will be taking 2 steps backwards, and it will take a couple years for the next PM to be in as strong of a situation to raise the value of the currency. For me, Maliki is the lesser of evils and is the best man for the job at this time.
6-12-2014 Newshound Guru Adam Montana 1. Parliament supposed to wrap up current session shortly. Hopefully budget will be passed, but I'm not too concerned with that either way. 2. 2nd largest city in Iraq Mosul has been taken over by Al Quaida, Maliki calls for State of Emergency. This could be good, because it would give him executive authority to make some MAJOR moves. His goal should be to quash opposition, angle towards a resolution of HCL with the Kurds in order to prevent them from acting individually and cutting Baghdad off from future oil profits, and he should be taking swift action to regain control of Mosul. We will see how this pans out in the next week or so. 3. Regardless of the Mosul situation, Oil Minister declares oil exports will not be affected. This is KEY for any potential raise in the value of the currency...
6-11-2014 Newshound/Intel Guru Eagle1 According to two separate sources, I'm told that the currencies will be released to FOREX and be allowed to float rather liberally for some unspecified period of time "until they achieve market stability," after which "a managed float" of plus or minus 2% would be implemented. If the IQD comes out at the $3+ rate we've been hearing behind the scenes for many months, I would expect it to react similarly and perhaps settle in a $4+ range or even higher. There's another item to consider with these currencies, and that's the future of the VND. For well over a year, the projection from major economists and traders has been in the $.45 - $.49 range. We've seen those numbers increase in recent weeks and months, but here again we have a whole lot of fluidity in play. I will say that if the VND comes out anywhere near those numbers, it won't stay there for long! Vietnam's economy is a whole lot stronger today than it was 30 years ago. [post 3 of 3]
6-11-2014 Newshound/Intel Guru Eagle1 As the months have turned into years, any idea has long since been abandoned that the currencies with their numbers would remain a secret. Many individuals have been poised for well over a year to take advantage of any gap between one or more currencies revaluing before the rest. For that reason the IMF, its controlling board and its associated central bankers have ditched any plans for a sequential rollout. This past weekend any nations, whose new currency valuations had yet to be released to the IMF, did release those numbers to the IMF. [post 2 of 3....stay tuned]
6-11-2014 Newshound/Intel Guru Eagle1 Obviously the entire RV/GCR has been a very fluid event for a long time. We have all seen a fistful of events transpire which have led us to believe that our Blessing is imminent. Nothing I've seen or heard changes that, either. However, for some months there has been a background current of expectation that we were going to see things break in a two-step process beginning with a "general RV" consisting of the revaluation of all of the major currencies, (and available only for a short time in order to accommodate private placements and private exchanges) followed by a Global Reset which would make all of the restructured currencies (both gainers and losers) available to the general public. That plan has apparently gone by the wayside. [post 1 of 3....stay tuned]
6-11-2014 Intel Guru TNT Tony [via Adept1] What we do know is all good news today. Bank people are still at the bank, and staff are at the exchange centers, for the most part. Everybody is still on Go, we just don’t know the exact time or moment...you should all be happy. I’m super-fantastic and I’m ready for this ride to be over! [In late June, Ramadan starts and some want to push it off to 1. July. Then some Iraqi officials says they don’t want to do it after June 28th. Is that true?] I think they will do it before then.
6-11-2014 Intel Guru DC [via Adept1] It was supposed to go down Monday and then yesterday, and things are very close right now. We are in a phenomenal position...I know what certain agencies and people are saying, but really it’s an hour by hour fight.
6-11-2014 Newshound Guru Millionday Article quote: "ruled out an economist and a relationship between the Iraqi government's actions and the high exchange rate of Iraqi dinar against the U.S. dollar, and expected recovery in the dollar to its previous status within days." it gets better...Quote: "the Central Bank of Iraq is responsible for the policies of the stability of the exchange rate of the Iraqi dinar against foreign currencies, the only one who has the mechanisms and authority for the stability of the exchange rate of the dinar in Iraq." it appears that CBI is getting pressure...also they are saying that everything is in place but the budget and that is what is holding back funds for projects... it is saying security-gov - budget-and all else has no effect -- it is CBI `s job to move the rates.
6-11-2014 Intel Guru Frank26 Two weeks ago...I said they will NOT give us the election results until the last possible nano seconds...Like the 14th or 15th. Still looking that way. [I believe this is what we are waiting for and I am very very excited!] I must admit...Me too. Stay Strong as we watch many things come to a conglomeration around the 15th...To the 1st.
6-11-2014 Intel Guru MarkZ We seem to be stuck in a any moment groundhog day. There has been no bad news and only positive. All my sources still think any moment.
6-11-2014 Newshound Guru Millionday Article quote: "A member of the parliamentary Commission on Security and Defense MP, of the State of Law coalition, Abbas al-Bayati denied the government's intention to impose a state of emergency in the country, after the fourteenth of this month..." it is not going to happen and is not needed to have a state of emergency.
6-11-2014 Newshound/Intel Guru BGG I do believe Maliki is in deep trouble. This appears to be his MO. When in trouble - start a war...as I have said for 2 years - once he's gone, it's good for everyone. I think the next few days will be very telling for us.
6-11-2014 Intel Guru Mnt Goat Under the Iraq constitution, parliament can declare a 30-day state of emergency on a two-thirds vote by its members, granting the prime minister the necessary powers to run the country. But the speaker of the house must bring this proposal to the members for a vote. He refused in the past and so far he is still refusing. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government with relative stability. I am now hearing from my Iraq sources that the judiciary will now wait until next week (past June 14th) to make the announcements... [post 2 of 2]
6-11-20124 Intel Guru Mnt Goat Islamic militants overran parts of Iraq's second-largest city, Mosul, on Tuesday...Is this not the day the judiciary was supposed to announce the ratified election results thus the players in the new government of Iraq. Maliki was not going to be part of it. The timing of this event could not be more obvious as to what Maliki is attempting to do. He is creating this violence with the hope that the parliament will cave in under pressure for a solution and grant him the powers he requested. [post 1 of 2....stay tuned]
6-11-2014 Intel Guru Bluwolf ...today the insurgency took over a city in Iraq, today was the official launching of the new PM, today all was to go international...Ok, that was the bad news. The good news is that nothing has changed, that we are set to go asn, that the negative in Iraq today doesn't change that they have a new PM, that they are democratically sovereign and by this fact they must now reach out to the world as being internationally sovereign as well and for that they must launch their currency internationally.
6-11-2014 Intel/Newshound Guru Poppy3 VERY CURIOUS THAT MALIKI MOVED HIS FAMILY OUT OF THE COUNTRY TWO WEEKS AGO AND HE FLEW THEM OUT OF THAT AIRPORT THEN MOVE THE MAJORITY OF THE SECURITY FORCES OUT THEN HE SENDS IN HIS GOONS AND TAKES THE PLACE OVER. LAST NIGHT [MONDAY] I REPORTED I RECEIVED INFO THAT THE RV WILL NOT GO BEYOND JUNE 30. AS FOR HOW THIS WILL EFFECT THAT STATEMENT IT WILL DEPEND IF THE GOI FALLS FOR MALIKI'S DISTRACTION AGAIN.
6-11-2014 Newshound Guru Tlar ...here is where we were going and I happen to think we are still going there. On June 14th the present parliament is done. Right after that the new members will convene and the first order of business will be to vote a new PM in. That decision has already been agreed to by all the sects so that should be a slam dunk. The next few days will be critical to our investment ...I still believe Turki will pull the trigger the last week of this month...I feel very comfortable that this investment will come to fruition in the next 3 weeks. In fact I believe this so strongly that I am saying "WE ARE THERE." [post 2 of 2]
6-11-2014 Newshound Guru Tlar Maliki has lost this election big time and the coalition has won. The election results are not yet ratified but the coalition’s lead is an impossible hill for Maliki to climb. There will be a government change soon. Last night a new hitch was put in this get along. Maliki announced that the ISIS and or Daash has moved in and taken Mosul the 2nd largest city in Iraq. He is calling for the parliament to declare Marshall law which is required by law. It won't happen. The election results are supposed to be released today. Maliki is calling for a complete cessation of the election and if parliament declares Marshall Law, that would leave Maliki in charge until it is undeclared. The timing, the motive and the orders are suspicious. Today [Tuesday] or tomorrow we should have an answer to this situation. [post 1 of 2....stay tuned] 6-10-2014 Newshound/Intel Guru Eagle1 Let me give you a benchmark for Vietnam. Let's go back to the late 60's before the dong was sanctioned and put on a program rate. It was worth over $2.20. I'm not hearing anybody saying we're going to hit $2.20 but look for .47 to .49 and I wouldn't be surprised to see it float upward fairly quickly to over .80. [post 3 of 3]
6-10-2014 Newshound/Intel Guru Eagle1 The return on your investment should be spectacular on top of spectacular. They have already given a number to the IMF. But if they come out at that number not to expect that number to sit there very long. They've given a top and low end range to the IMF and right now it's somewhere in the middle. What I'm getting from my high-level contacts - they're saying they're going to let these currencies float initially then settle back. Look at Kuwait. They're saying they're going to do that with the dong, the dinar, the rupiah, approx. 80 currencies will float freely. But they're not saying for how long but will float until they reach market stability. [post 2 of 3....stay tuned]
6-10-2014 Newshound/Intel Guru Eagle1 [via FLPatriot59] You're going to [be] rich real soon, and sooner than later. I'm inclined to think they're going to sit their government sooner than the 15th. There's a whole of political fussing going on behind the scenes.The have extracted a promise from CL for a deadline. Mosul is not a delay. If anything I see these events like this as mechanisms that will increase the need for it to take place all the sooner. [post 1 of 3....stay tuned]
6-10-2014 Newshound Guru Tlar [With a series of articles over the past several weeks indicating increasing animosity for Maliki as the next PM, what is the National Alliance dragging its feet on announcing who they are nominating instead of Maliki? Is there something to be gained by dragging to process out?] The NA is not dragging their feet. Remember nothing happens until the 15th. The coalition is waiting for the election results which prove they are the winners. Maliki tried on numerous occasions to strike a deal for immunity...and the coalition would not deal with him. The coalition has the numbers and no matter what, they control the outcome of this election and will get the PM they want and make Iraq the government they want.
6-10-2014 Intel Guru TNT Tony Everything that glitters is not gold and all bad news is not bad (sometimes required).
6-10-2014 Newshound Guru Enorrste At the same time, I do not think that this is necessarily bad for our investment. ...Mosul is a large city and the story of giving it all up to terrorists "doesn't pass the smell test." This is largely political. I am not certain that I agree that this is a desperate attempt on Maliki's part. This man is very shrewd and this may be a ploy on his part to convince the new parliament to "not rock the boat" and let him have his 3rd term. [post 2 of 2]
6-10-2014 Newshound Guru Enorrste Article: "Bayati denies government's intention to impose state of emergency" If Maliki institutes marshall law then, effectively, he becomes a dictator. Once that door is open it will be up to him alone to determine when to close it again. That cannot be good, in my view. Najafi may think she is just calling his bluff, but if he does show Thursday and they follow his lead, which is the way it looks now, he may be in for a very long time. [post 1 of 2....stay tuned]
6-10-2014 Newshound Guru Kaperoni Article: "Gunmen "control" to Mosul in northern Iraq, and al-Maliki calls for parliament to declare a state of emergency" my fear is the destruction these terrorist groups do in the meantime. They proven to destroy bridges electric plants power poles, etc. Take over gov offices, raid banks..on and on. This slows down our investment.
6-10-2014 Newshound Guru Bondlady Terrorist has taken over several parts of Iraq that's why Maliki is calling for a state of emergency convening in parliament. He really does need to push the marshal law button at this point, they fled into Iraq from Syria. It's so bad right now the Kurds pershmerga army and the federal army have joined forces to protect the borders coming in from Syria. you all know Kurds and Baghdad are at odds right now so you know this is huge and major important to Iraq's security...if they don't all join up to save Iraq it'll be bad bad. it's pretty bad right now I expect to see the UN or USA come in at any time to aid in the fight, it is that bad imo, we shall see.
6-10-2014 Newshound Guru Shredd [Are they still talking "mid" year?] last we heard, yes. [Do you think their plan is still to get things rolling "bigtime" this month?] I expect nothing. Not to say I don't think the CBI won't move forward with their plan to begin removing the three zero notes...we'll just have to see and not sure if political situation and lack of a passed budget will delay things. [post 2 of 2]
6-10-2014 Newshound Guru Shredd [how do they continue to grow there GDP and there currency is at 1166?] easy, managed the rate, it doesn't have to reflect true value like a free float but once Iraq is a market economy it will need to. imo, there is a process for Iraq to get there. [the question might be...how long will the process take?] well the project to delete the zeros is a big part of the timing. [post 1 of 2....stay tuned]
6-10-2014 Intel Guru Winalot The country is flooded with visitors from other countries. It is going to be confusing enough for the Iraqi's, without adding a half dozen other foreign currencies brought in by the visitors to deal with. Not to mention the cost of exchanging that currency at the new rates. Today, we see that Al-qaeda has has taken over parts of Mosul, and they already control Fallujah. Do you think for one second that there will be a revaluation while this is going on? I seriously doubt it. Al-qaeda would gain too much financially if the revaluation were to occur. I have no idea where that leaves us as far as a time frame... and I seriously doubt anyone knows. Including Iraq. [post 2 of 2]
6-10-2014 Intel Guru Winalot A new Parliament is to be seated on the 15th of the month. They have not passed a budget. They have no new Prime Minister. That gives us thru Friday if they are going to do this before Ramadan. If not before the 15th, the new parliament takes over, and the business of seating a government will take precedence over the budget and any other business at hand. The new parliament will have 13 days to seat a full government, decide on a PM, pass the budget, and revalue the currency, all before Ramadan. Ramadan starts on the 28th of the month. I feel it is highly unlikely for the revaluation to occur during that time. [post 1 of 2....stay tuned]
6-10-2014 Intel Guru Frank26 I was asked IF I believe we will see a seated GOI by the 15th...I said no, IMO. Asked...will we see Supreme Courts' final results on the elections on the 10th today? I said no. As I shared two things...Politicians are RUNNING from Iraq AND Some politicians threatened Iraq Banks. (THAT WAS A BIG MISTAKE).
6-10-2014 Newshound Guru Millionday we have some good news tonight and it goes along with the platform we are holding our breath about...that is the ISX hooked to the global platform OMX and what that means to us is - international compliance for it to launch...now let me add one more thing...the Lebanon Banks said they are not getting a return on their investments as the rest of the international banks etc but THEY ARENT WORRIED ABOUT IT BECAUSE THEY STRATEGICALLY PLACED THEMSELVES IN IRAQ FOR THE GAINS FROM THE SECURITIES MARKET (isx). HUGE STATEMENT TO NOT CARE ABOUT MONEY INVESTED BECAUSE OF A RETURN COMING ...
6-10-2014 Newshound/Intel Guru Poppy3 [is there any good news...?] YES ...I WILL SAY THEY TOLD ME WE WILL NOT GET OUT OF JUNE WITHOUT SEEING THE RV.
6-10-2014 Intel Guru TerryK WHAT I HAVE BEEN TOLD THIS AM IS THAT THIS IS ALL DONE AND THAT WE ARE ONLY WAITING FOR THE TECHNICAL ANNOUNCEMENT AS IRAQ HAS IDENTIFIED ITS NEW PM. THAT IS TO COME EITHER TONIGHT [MONDAY] OR IN THE MORNING. WHEN THAT HAPPENS THEN THE IMF AND THE UN WILL RELEASE THE CODES FOR THE MAGIC MACHINES TO TURN ON THE RV. ALSO THE GOLD STANDARD HAS NOT BEEN SIGNED OFF AS OF YET. LOOKING FOR THAT EITHER TONIGHT OR TOMORROW AS WELL. ONE DC CONTACT SAID TUESDAY NIGHT RINGS STRONG BUT ANOTHER SAID IT WAS TO HAVE GONE DOWN LAST SATURDAY. SO IT’S JUST SITTING THERE READY. IT’S ALL UP TO THE IMF AND UN...ONCE THEY (IRAQ) MAKE THE OFFICIAL ANNOUNCEMENT OF THE PM AND SEAT HIM YOU WILL SEE IT. IT’S COMING PEEPS. IT’S NEARLY HERE.
6-9-2014 Newshound Guru Kaperoni It appears that the CBI is now finally trying to reduce the spread to where it should be (by liberalizing the foreign exchange, use OMO and allow money exchangers) to meet the conditions set forth from the IMF. This has been a work in progress for Turki since mid last year. We have to hope that once that is achieved, the IMF will let them exit Article XIV and move to Article VIII and a new exchange regime. [post 2 of 2]
6-9-2014 Newshound Guru Kaperoni ...could the CBI RV'd the currency or exited Article XIV to Article VIII before now? Raise the value under Article XIV? sure, (and Shabibi did it several times)...exit to Article VIII and make the dinar convertible probably not. Shabibi could have because back in 2012 he was in compliance, but since Turki took over they are not...so...until they are in compliance, the IMF will not let them exit to Article VIII. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru DC [via Adept1] Things look really phenomenal...in terms of everyone being prepared, happy, and on lockdown. Was the process paused? Maybe, but now we are back on green, good to go. I am looking for this TODAY. I know people like back windows, but they don’t exist at this point. It’s day to day, almost hour by hour now. [Is there still a contract rate?] Everything is the same as what we’ve been describing. Everything looks amazing, and we are fully expecting it at any time across the entire world.
6-9-2014 Intel Guru TNT Tony [via Adept1] I am super-fantastic right now. [I understand the currency will be trading on the ISX...and also on the Forex? What will come first...forex or RV?] It will happen at the same time...on forex. Trading on the Forex is what makes it international. It will show up on the ISX on July 1, and that is public information. [Is there still a China rate?] Do you mean is there still a contract rate? There are still contract rates. [Is there anything we are waiting for before this goes through?] Yes, there is a public announcement that has to be made about the about the GOI, and that will be made over there...and then things will go quick. It is literally hour by hour now and could happen at any time.
6-9-2014 Newshound Guru Aggiedad77 Article: "Economist: delay in the budget behind the rise of the dinar and the dollar will rise .. soon" Any relationship between the Iraqi government and the high exchange rate of the dinar against the USD has been ruled out by economists and an expected recovery of the dollar within the next few days is predicted...the CBI is the one who sets policies for the exchange rate of the IQD against any foreign currency...they are the only one who has the authority to affect such changes...that is an important point to remember...it is a positive thing to witness the continued auctions by the CBI even with the government basically at a standstill due to the lack of an approved budget...this shows the independence of the CBI to the government...the drop in the price of the buying and selling of the USD and other foreign currencies is positive for the policy of national exchange.
6-9-2014 Intel Guru Mnt Goat From June 10th to mid July we are in the absolute best window ever to see the international announcement of the revalued IQD currency. I believe the RV could happen at any stage of the process after June 10th but I am saying it is most likely to happen just before or just after the announcement of the newly formed government’s completion and before the expected July 1st ISX rollout. The IQD rate will be high when it comes out and it will climb very quickly. Iraq has met all necessary Basel III requirements and beyond for valuation of a very, very high rate as an asset backed currency. [post 2 of 2]
6-9-2014 Intel Guru Mnt Goat So what happened last week with the Qi Cards? ...they are now loading these cards for those who are traveling abroad and for those Iraqi citizens already living in foreign countries. So how will they be able to use these cards abroad without an international rate in this manner? On April 19, 2009, the ISX switched to electronic trading. Now they plan to fully rollout the last phase of the ISX and this phase includes the complete international implementation. This is planned for July 1st of this year. This past week there were statements made by Turki (acting governor of the CBI) stating that the CBI will start the lifting of the 3 zeros and they will be ready for the ISX to start trading internationally on their opening day of July 1st. I...believe they must begin the process of going international with their currency days in advance of that date to be ready. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru MarkZ I did rather expect to see an RV early this morning. I knew based on progress late Saturday that thinking we would have it Monday morning was optimistic but, I am a glass half full kinda guy. We are still close and closing on done. [SO- the latest chatter leans to another week: 6/15...?] I doubt another week. My only concern is I know logistics are much easier to do it on a weekend. That being said no one has taken the easy road on this so far so I wouldn't be at all surprised to see it just pop mid day this week. [I am thinking when July 1st when Iraq is on ISX.] I do not think we have to wait that long. [out of the 4 in the basket what do you think will be the best bang for your buck?] I still think VND is the best dark horse but only time will tell us. [heard rumors of $4 & $11 for IQD your thoughts?] street 4 ish and contract higher is MO.
6-9-2014 Newshound Guru Millionday my opinion is -- they are trading on the isx right now -- in country -- however to hook to the global market the dinar is their largest and all countries largest product -- it will be priced at its value -- however it shall be, it will be its true value as all items and shares --- or they wont have a market -- [Would it not be financial suicide to enter the global market at 1166...? Would it not be a disaster?] it would wipe them out in my opinion. i read that they may float it at a managed float for six months from the set value -- that means 2% one way or the other and i read they will set the price and it will hold for six months...i read it will float from the beginning from the reality rate -- that i totally disagree with. we will have to see, either way a price for the product (dinar) will be set.
6-9-2014 Intel/Newshound Guru Poppy3 I THINK AS SOON AS THE NEW PM IS NAMED PUBLICLY THAT THE GOI WILL BE SET WITHIN A WEEK TO 10 DAYS AND ALL WILL MOVE FORWARD IN EVERY WAY....BUDGET, 140, HCL, RV...ALL WILL BE ALMOST SIMULTANEOUSLY. WE HAVE TO...MAKE SURE THAT POST IS FACTUAL AND NOT SOME PLANTED REPORT. WE ARE GOING TO WIN VERY SOON AND THAT PART IS FACT. [post 2 of 2]
6-9-2014 Intel/Newshound Guru Poppy3 just received this email -- HAS NOT BEEN CONFIRMED BUT IS WHAT I HAVE BEEN EXPECTING... "National Alliance: Maliki's reign ended after he settled the name of the Prime Minister Agency eighth day June 8, 2014...The source declined to name the next prime minister before the ratification of the results, but stressed that Iraq will not be a new era of Mr. Nuri al-Maliki any executive role in it..." IF THIS NEW PM IS GOING TO KEEP TURKI THEN THERE SHOULD BE A FAST TRANSITION FROM MALIKI GROUP TO THE NEW GOI. [post 1 of 2....stay tuned]
6-9-2014 Intel Guru Hub i wonder if finally having some local (dinar) currency available for the people to use, might stop some of the outbreak of violence. If they can work for money, support their family, this has to have a soothing effect, i would think. [one would think, at least at RI or RV " numbers "...a dime would be huge.] yes it would, but i dont think going back to the pre war value is a big deal...this is where it will go...i have no doubt it will...no reason not to.
6-8-2014 Intel Guru Jester WE'RE CLOSE...I DO BELIEVE WE ARE A LOT CLOSER THAN MANY THINK... IF I DIDN'T I WOULD TELL YOU.
6-8-2014 Newshound Guru Tlar Once the final results are in this should go very fast. Nothing happens until then unless the SOL disavows M [Maliki] and selects a new PM candidate. Until either the results being announced on the 10th or a move by the SOL happens, we are and have been in a holding pattern as they negotiate away. I am hoping to see the SOL do their thing within the next 24 hours. ... IMO Chalabi will be the PM because that is the coalition’s first choice. ...I have said on day one, the 15th, they walk in and vote Chalabi in. The Kurds and Sunnis have already picked the pres and VPs from their areas so it should only take days to put the government together.
6-8-2014 Intel Guru Hub this broker was involved with the kuwait rv and knows all about this...he says he has seen it was ready for a while and doesnt know why it has not popped other than the admin. stopping it. he also has three imf investors in his company. ...he has seen this ready to go for about 6 months. he has real info on real screens, just doesnt know why they have not released it. ...he has said is we will be very happy...he wont go any futher than that...it will need to be close to kuwait or the entire region will be out of kilter. [post 2 of 2]
6-8-2014 Intel Guru Hub with all this news along with the stuff we have been hearing, how can the valueless dinar withstand be readjusted to international tradeable status much longer?...it cant... [TRUE, it has to be revalued soon!] i think it is now...my currency contact said it should have gone last week and it seems...it was to go last Monday and was held up...[you have a currency contact?] yes i do..lady that works with me has a contact that goes up the line...a nyc currency broker... [post 1 of 2....stay tuned]
6-8-2014 Intel Guru Frank26 [Are we going to hear more about the cards today?] It was our desire to have the CBI say something today concerning the Qi Cards...We see nothing. If You see no IR ...Then it is IMPOSSIBLE to see these cards.
6-8-2014 Newshound Guru wmawhite [it seems to me it will be costing them a heckuva lot less with a strong rate, really quickly.] you are correct. Iraq could try to do international commerce at 1166 once they move to Article 8 however, they would be broke in less than a year. In other words...paying 1166 IQD for every $1 would break them. Iraq doesn't have enough IQD. [post 2 of 2]
6-8-2014 Newshound Guru wmawhite If you had a contract...any contract with Iraq for any amount...lets say $12 million...that is payable on the first of each month at $1 million per month...what do you care about? Regardless of what the exchange is or isn't...all you care about is that $1 million hits your bank account on time each month. You couldn't care any less what the exchange rate is. However! Iraq, who is the payer does care what the exchange rate is and that is why they will need a stronger rate very soon. [post 1 of 2....stay tuned]
6-8-2014 Intel Guru TNT Tony So far we are having a superfantastic weekend. Only good news so far. Let's...see what sunrise brings.
6-8-2014 Newshound Guru chattels [...no budget for today?] i never thought there would be a budget today or any of the other days forecasted by some. Maliki, the budget, oil, all are politically intertwined it appears...i never believed that the news of it was anything other than rhetoric. IMO, there is NO WAY that there will be a budget vote by this Parliament.
6-8-2014 Intel Guru TD For the 2nd time now I've received info that Maliki will be announced this coming week as PM. He is brokering deals as we speak with the rich & powerful. He's desperate to hang onto power as he will face corruption charges otherwise. The Kurds are NOT bluffing : cessation is real!! Escalation of violence, parliament still trying to find it's footing as a legislative body, significant laws on standby. This is NOT the recipe of stability anyone wants. As I said at the start of June that this month will come & go WITHOUT fanfare relative to the dinar & currency reform and THAT is a realistic scenario. There's too much still to work thru.
6-8-2014 Newshound Guru Kaperoni I think everyone who is invested in the dinar has seen how the Kurdistan region has flourished. They did things right from the beginning back in 2003 setting security in place and building from there. They are years ahead of the rest of Iraq...issues between the central government and Kurdish region have gotten worse of late, not better. Let's hope for all of us this is a bluff and motivation to get some sort of agreement on oil done soon, a new central government formed and the goal...economic transition to a market economy. I don't think the Kurds are going to wait much longer. [post 2 of 2]
6-8-2014 Newshound Guru Kaperoni Article: "The provincial government plans to issue currency in cash to complete the steps to secede from Iraq" Quote: "The process of issuing its own currency province of Kurdistan has been the subject of discussion in the parliament session, which was held last Wednesday..." It could be a bluff to get the oil agreement done and new goi formed. Clearly, the Kurds are frustrated for whatever the reasons...they are being held back for years. [post 1 of 2....stay tuned]
6-8-2014 Intel Guru Jester [315 people were killed in Iraq today. is this country ready for this?] I AM OF THE OPINION THAT THE RESET AND RV WILL HELP THAT SITUATION... SO IT IS NOT A MATTER OF THEM BEING READY AS MUCH AS IT IS AS THEM NEEDING IT...IT WILL HAPPEN... TIMING IS AN ISSUE.... BUT IT WILL HAPPEN. 6-7-2014 Newshound Guru Stryker Quote: "the House of Representatives approving the budget bill so as not to be a black spot in the history of the current session of the Iraqi parliament." If this is true and they can get it done before the June 14th Turki should have everything he needs for the economic situation to be right for the country, especially since OFAC has already terminated the prohibitions under Obama's new executive order amending EO 13303. Now we just need to see the political situation be correct for the country so Governor Turki can implement the reform program ...the ratification of the election results should be announced between Tuesday the 10th and Saturday the 14th...Next week should be a very telling week for us...
6-7-2014 Newshound Guru Kaperoni Article: "Iraqi market for securities confirms the "continued growth" in spite of the violence and calls for legislation of new laws to revive the economy" [As you have reminded us in the past, they can put the needed laws in a basket and pass them quickly.] Pretty sad really..so close, yet so far. They need to get the new parliament in session and get these laws passed.
6-7-2014 Intel/Newshound Guru Poppy3 JUST WENT OVER ALL THE NEWS AGAIN FROM THE WEEK AND COME UP WITH THE SAME CONCLUSION MALIKI IS DONE.
6-7-2014 Newshound/Intel Guru BGG Article: "Supreme Council denies al-Maliki to negotiate five ministries compared to the third term" I don’t think there is any validity to Maliki promising Hakim any such 5 ministries… First, that would be too much control for him to hand over to anyone. Second, Hakim has been staunchly opposed to any future rulership of Maliki. Third, there is a consistent theme of Hakim meeting with other leaders and Maliki – but in confirmation of this article, he refuses to even entertain conversation of a 3rd Maliki term.
6-7-2014 Newshound Guru Millionday [Any idea how long it would take them to make the transition to a market economy?] i would say with all they have in place that they are capable with the isx hooked up and headed for the omx platform that it could be anytime -- the laws are in place and they are not under immunity any longer. they also have data entry and e-government in place and viable investors waiting at the bit. [What's holding them up then, waiting for election results?] i would say the election results are done and they are meeting with the kurds to do the budget -- distribution -- hcl -- article 140 -gov formation-- i dont think they are waiting on this i just think they are doing this -- the market going to the global platform is not work and labor effective without an actual reason.
6-7-2014 Newshound Guru Tlar The next two days...we will probably witness the disintegration of his government and most likely the abandonment of his nomination by the SOL. If the SOL does get rid of him I believe the CBI will move on the currency quickly meaning the last week of this month. They to are sort of backed into a corner to move on this because of all the changes that need to take place in their stock market. Either way I think by the middle of next week we will see M out if not before. [post 2 of 2]
6-7-2014 Newshound Guru Tlar Maliki has made 2 passes saying he will step down if he is granted immunity. Obviously both were rejected. He cannot win. The way to get rid of him overnight is for the SOL to pull his nomination. Either they do it quickly or as a party they are done. If they hold their position M will be rejected and then he is done. The heads of the SOL are only hanging on out of fear it is their last bargaining chip for immunity. Iran saying no no no finishes any hope they had. Checkmate M. [post 1 of 2....stay tuned]
6-7-2014 Newshound/Intel Guru BGG [you think maybe this month for us on the rv, in your opition?] Maybe - maybe not...but things sure seem to be moving forward.
6-7-2014 Intel Guru Jester THERE IS A TON OF INFORMATION FLOWING AROUND RIGHT NOW ABOUT THIS WEEKEND BEING THE ONE...AND THAT IS OKAY...WE KNOW WE ARE WHAT I WOULD CALL HIGH ALERT RIGHT NOW... BUT AS I HAVE BEEN IN THE PAST SEVERAL MONTHS... I AM CALLING IT CAUTIOUSLY OPTIMISTIC...WE KNOW THAT CERTAIN THINGS MUST HAPPEN IN ORDER FOR YOU TO SEE WHAT YOU WILL LIKE TO SEE... AND THAT HAS NOT STARTED YET... SO WE REMAIN THAT WAY FOR NOW...EVEN MY PEOPLE THINK THAT THERE IS A RUMBLING ON THE HORIZON RIGHT NOW.
6-7-2014 Intel/Newshound Guru Poppy3 ...FOR SURE THIS RV WE HAVE ALL BEEN WAITING ON IS WITHIN SIGHT. I AM ANTICIPATING EVEN MORE REAL NEWS OF MOVEMENT AND THE STATEMENT THAT TURKI MADE THAT THE CBI WILL START THE LIFTING OF THE 3 ZEROS WILL START AND THEY WILL BE READY FOR THE ISX TO START TRADING INTERNATIONALLY ON THEIR OPENING DAY OF JULY 1, THEN I THINK HE HAS TO START THE PROCESS DAYS IN ADVANCE OF THAT DATE. TIME WILL TELL THE TRUTH BUT SURE SEEMS THAT COMMON SENSE SAYS YES THEY WILL.
6-8-2014 Newshound Guru Tlar Once the final results are in this should go very fast. Nothing happens until then unless the SOL disavows M [Maliki] and selects a new PM candidate. Until either the results being announced on the 10th or a move by the SOL happens, we are and have been in a holding pattern as they negotiate away. I am hoping to see the SOL do their thing within the next 24 hours. ... IMO Chalabi will be the PM because that is the coalition’s first choice. ...I have said on day one, the 15th, they walk in and vote Chalabi in. The Kurds and Sunnis have already picked the pres and VPs from their areas so it should only take days to put the government together.
6-8-2014 Intel Guru Hub this broker was involved with the kuwait rv and knows all about this...he says he has seen it was ready for a while and doesnt know why it has not popped other than the admin. stopping it. he also has three imf investors in his company. ...he has seen this ready to go for about 6 months. he has real info on real screens, just doesnt know why they have not released it. ...he has said is we will be very happy...he wont go any futher than that...it will need to be close to kuwait or the entire region will be out of kilter. [post 2 of 2]
6-8-2014 Intel Guru Hub with all this news along with the stuff we have been hearing, how can the valueless dinar withstand be readjusted to international tradeable status much longer?...it cant... [TRUE, it has to be revalued soon!] i think it is now...my currency contact said it should have gone last week and it seems...it was to go last Monday and was held up...[you have a currency contact?] yes i do..lady that works with me has a contact that goes up the line...a nyc currency broker... [post 1 of 2....stay tuned]
6-8-2014 Intel Guru Frank26 [Are we going to hear more about the cards today?] It was our desire to have the CBI say something today concerning the Qi Cards...We see nothing. If You see no IR ...Then it is IMPOSSIBLE to see these cards.
6-8-2014 Newshound Guru wmawhite [it seems to me it will be costing them a heckuva lot less with a strong rate, really quickly.] you are correct. Iraq could try to do international commerce at 1166 once they move to Article 8 however, they would be broke in less than a year. In other words...paying 1166 IQD for every $1 would break them. Iraq doesn't have enough IQD. [post 2 of 2]
6-8-2014 Newshound Guru wmawhite If you had a contract...any contract with Iraq for any amount...lets say $12 million...that is payable on the first of each month at $1 million per month...what do you care about? Regardless of what the exchange is or isn't...all you care about is that $1 million hits your bank account on time each month. You couldn't care any less what the exchange rate is. However! Iraq, who is the payer does care what the exchange rate is and that is why they will need a stronger rate very soon. [post 1 of 2....stay tuned]
6-8-2014 Intel Guru TNT Tony So far we are having a superfantastic weekend. Only good news so far. Let's...see what sunrise brings.
6-8-2014 Newshound Guru chattels [...no budget for today?] i never thought there would be a budget today or any of the other days forecasted by some. Maliki, the budget, oil, all are politically intertwined it appears...i never believed that the news of it was anything other than rhetoric. IMO, there is NO WAY that there will be a budget vote by this Parliament.
6-8-2014 Intel Guru TD For the 2nd time now I've received info that Maliki will be announced this coming week as PM. He is brokering deals as we speak with the rich & powerful. He's desperate to hang onto power as he will face corruption charges otherwise. The Kurds are NOT bluffing : cessation is real!! Escalation of violence, parliament still trying to find it's footing as a legislative body, significant laws on standby. This is NOT the recipe of stability anyone wants. As I said at the start of June that this month will come & go WITHOUT fanfare relative to the dinar & currency reform and THAT is a realistic scenario. There's too much still to work thru.
6-8-2014 Newshound Guru Kaperoni I think everyone who is invested in the dinar has seen how the Kurdistan region has flourished. They did things right from the beginning back in 2003 setting security in place and building from there. They are years ahead of the rest of Iraq...issues between the central government and Kurdish region have gotten worse of late, not better. Let's hope for all of us this is a bluff and motivation to get some sort of agreement on oil done soon, a new central government formed and the goal...economic transition to a market economy. I don't think the Kurds are going to wait much longer. [post 2 of 2]
6-8-2014 Newshound Guru Kaperoni Article: "The provincial government plans to issue currency in cash to complete the steps to secede from Iraq" Quote: "The process of issuing its own currency province of Kurdistan has been the subject of discussion in the parliament session, which was held last Wednesday..." It could be a bluff to get the oil agreement done and new goi formed. Clearly, the Kurds are frustrated for whatever the reasons...they are being held back for years. [post 1 of 2....stay tuned]
6-8-2014 Intel Guru Jester [315 people were killed in Iraq today. is this country ready for this?] I AM OF THE OPINION THAT THE RESET AND RV WILL HELP THAT SITUATION... SO IT IS NOT A MATTER OF THEM BEING READY AS MUCH AS IT IS AS THEM NEEDING IT...IT WILL HAPPEN... TIMING IS AN ISSUE.... BUT IT WILL HAPPEN. 6-7-2014 Newshound Guru Stryker Quote: "the House of Representatives approving the budget bill so as not to be a black spot in the history of the current session of the Iraqi parliament." If this is true and they can get it done before the June 14th Turki should have everything he needs for the economic situation to be right for the country, especially since OFAC has already terminated the prohibitions under Obama's new executive order amending EO 13303. Now we just need to see the political situation be correct for the country so Governor Turki can implement the reform program ...the ratification of the election results should be announced between Tuesday the 10th and Saturday the 14th...Next week should be a very telling week for us...
6-7-2014 Newshound Guru Kaperoni Article: "Iraqi market for securities confirms the "continued growth" in spite of the violence and calls for legislation of new laws to revive the economy" [As you have reminded us in the past, they can put the needed laws in a basket and pass them quickly.] Pretty sad really..so close, yet so far. They need to get the new parliament in session and get these laws passed.
6-7-2014 Intel/Newshound Guru Poppy3 JUST WENT OVER ALL THE NEWS AGAIN FROM THE WEEK AND COME UP WITH THE SAME CONCLUSION MALIKI IS DONE.
6-7-2014 Newshound/Intel Guru BGG Article: "Supreme Council denies al-Maliki to negotiate five ministries compared to the third term" I don’t think there is any validity to Maliki promising Hakim any such 5 ministries… First, that would be too much control for him to hand over to anyone. Second, Hakim has been staunchly opposed to any future rulership of Maliki. Third, there is a consistent theme of Hakim meeting with other leaders and Maliki – but in confirmation of this article, he refuses to even entertain conversation of a 3rd Maliki term.
6-7-2014 Newshound Guru Millionday [Any idea how long it would take them to make the transition to a market economy?] i would say with all they have in place that they are capable with the isx hooked up and headed for the omx platform that it could be anytime -- the laws are in place and they are not under immunity any longer. they also have data entry and e-government in place and viable investors waiting at the bit. [What's holding them up then, waiting for election results?] i would say the election results are done and they are meeting with the kurds to do the budget -- distribution -- hcl -- article 140 -gov formation-- i dont think they are waiting on this i just think they are doing this -- the market going to the global platform is not work and labor effective without an actual reason.
6-7-2014 Newshound Guru Tlar The next two days...we will probably witness the disintegration of his government and most likely the abandonment of his nomination by the SOL. If the SOL does get rid of him I believe the CBI will move on the currency quickly meaning the last week of this month. They to are sort of backed into a corner to move on this because of all the changes that need to take place in their stock market. Either way I think by the middle of next week we will see M out if not before. [post 2 of 2]
6-7-2014 Newshound Guru Tlar Maliki has made 2 passes saying he will step down if he is granted immunity. Obviously both were rejected. He cannot win. The way to get rid of him overnight is for the SOL to pull his nomination. Either they do it quickly or as a party they are done. If they hold their position M will be rejected and then he is done. The heads of the SOL are only hanging on out of fear it is their last bargaining chip for immunity. Iran saying no no no finishes any hope they had. Checkmate M. [post 1 of 2....stay tuned]
6-7-2014 Newshound/Intel Guru BGG [you think maybe this month for us on the rv, in your opition?] Maybe - maybe not...but things sure seem to be moving forward.
6-7-2014 Intel Guru Jester THERE IS A TON OF INFORMATION FLOWING AROUND RIGHT NOW ABOUT THIS WEEKEND BEING THE ONE...AND THAT IS OKAY...WE KNOW WE ARE WHAT I WOULD CALL HIGH ALERT RIGHT NOW... BUT AS I HAVE BEEN IN THE PAST SEVERAL MONTHS... I AM CALLING IT CAUTIOUSLY OPTIMISTIC...WE KNOW THAT CERTAIN THINGS MUST HAPPEN IN ORDER FOR YOU TO SEE WHAT YOU WILL LIKE TO SEE... AND THAT HAS NOT STARTED YET... SO WE REMAIN THAT WAY FOR NOW...EVEN MY PEOPLE THINK THAT THERE IS A RUMBLING ON THE HORIZON RIGHT NOW.
6-7-2014 Intel/Newshound Guru Poppy3 ...FOR SURE THIS RV WE HAVE ALL BEEN WAITING ON IS WITHIN SIGHT. I AM ANTICIPATING EVEN MORE REAL NEWS OF MOVEMENT AND THE STATEMENT THAT TURKI MADE THAT THE CBI WILL START THE LIFTING OF THE 3 ZEROS WILL START AND THEY WILL BE READY FOR THE ISX TO START TRADING INTERNATIONALLY ON THEIR OPENING DAY OF JULY 1, THEN I THINK HE HAS TO START THE PROCESS DAYS IN ADVANCE OF THAT DATE. TIME WILL TELL THE TRUTH BUT SURE SEEMS THAT COMMON SENSE SAYS YES THEY WILL.
6-6-2014 Newshound Guru Millionday Article quote: "...Kurdistan Parliament intends to enact a law to distribute oil revenues to citizens." kurdistan is actually talking about starting the distribution of oil proceeds themselves for their own citizens -- this is pressure -- such pressure. this is going to be done in a sort of trust account as we know it -- wow lucky Iraqis if they get this rolling -- huge for the citizens in kurdistan...they are wanting to do this from their own accounts so the citizens of kurdistan dont have to wait any longer which is great and as we know --- kurdistan is always so far ahead, imo...the hcl and budget in place is what they are banking on ---no pun intended.
6-6-2014 Intel Guru Frank26 THEN THERE ARE ALSO CARDS THAT WILL BE ASSIGNED TO THE CITIZENS SOLELY TO BE USED WITHIN THE COUNTRY. OUR BIG QUESTION RIGHT NOW IS WHICH OF THESE TWO CARDS ARE THESE? WE ARE FEELING COMFORTABLE THAT IT IS THE INTERNATIONAL CARD BUT TIME AND TIMING WILL TELL US IN THE COMING DAYS. “IF” THIS ASSUMPTION ABOUT THE Qi CARD IS CORRECT THEN IMO THE CBI HAS TO RELEASE AN IR [INTERNATIONAL RATE] OR THESE CARDS TRULY HAVE NO FUNCTION OUTSIDE OF IRAQ ON AN INTERNATIONAL LEVEL. IMO, THESE CARDS HAVE TO BE WITH AN IR (International Rate) DUE TO ARTICLE 8 COMPLIANCE...TALK ABOUT TIMING!! [post 2 of 2]
6-6-2014 Intel Guru Frank26 Qi CARDS WERE ANNOUNCED FOR CITIZENS TODAY. IRAQIA TV COVERED IT TO THE CITIZENS IN DETAIL. THE MINISTER OF PLANNING ALONG WITH THE CBI MADE THIS ANNOUNCEMENT. CITIZENS ARE TO GO TO IRAQI BANKS TO HAVE THESE CARDS DISTRIBUTED TO THEM AND LOADED WITH FUNDS. LAST YEAR THEY TOLD US ABOUT THESE INTERNATIONAL CARDS WITH 70+ FUNCTIONS COMPARED TO THE OLD CARDS. OUR TEAMS ARE LOOKING VERY CAREFULLY RIGHT NOW TO SEE WHICH Qi CARD THIS TRULY IS. THAT'S WHY WE NEED MORE INFO AND WE BELIEVE IT WILL BE FORTH COMING ON SUNDAY. [post 1 of 2....stay tuned]
6-6-2014 Newshound Guru wmawhite this is certainly moving forward...watch all of this as if you are watching a well played football game. Watch the plays and never watch the clock. Watch all of these events and stop thinking about the dates.
6-6-2014 Newshound Guru Kaperoni "Security Council urges Baghdad and Erbil to reach an agreement on oil exports" It is so frustrating when we can see the potential of Iraq...that if they could just get a GOI that unified and wants to work together.
6-6-2014 Intel Guru DC [via Adept1] We have been told that we truly cannot say anything right now due to sensitivities. A lot of this stuff just happened. We were planning on being more descriptive, but we were told not to do that for many good reasons. But we expect to talk to you very soon.
6-6-2014 Intel Guru TNT Tony [via Adept1] We’re still going, it’s still possible, and everything is looking good. We are in an excellent mood and wanted to lay out the procedures, but we cannot...we are in a great place, super-excited. Just hang on. It’s going to be a great weekend.
6-6-2014 Intel Guru Okie_Oil_Man WE ARE IN THE RIGHT PLACE AND THE TIMING IS VERY NEAR FOR US. THE PROGRESS NECESSARY FOR THE R/V HAS BEEN MADE. WE ONLY AWAIT THE ANNOUNCEMENT---YES---IT'S THAT SIMPLE.
6-6-2014 Newshound Guru wmawhite ["Article IV and Article VIII of The Article of Agreements should now be completed or soon will be. "... is there some ink on the timing of the foregoing?] As you are thinking...I believe this is so huge...this enables U.S. banks to do business with the CBI If They Choose To. One particular researcher that I respect believes that the CBI has met the requirements of Article 8 and we are now waiting on the CBI and IMF to release the new rate. [is that the 2% variance in official / market rate?] this researcher told me that the 2% variance does not apply UNTIL the IQD has an exchange rate. Currently the IQD is only bought and sold...it is not exchanged on the world market...(forex). [post 2 of 2]
6-6-2014 Newshound Guru wmawhite it is important to understand that EC 13303 is STILL in effect...the only difference is that it has been amended. [Amended to allow the currency to go international? CBI did not have the authotity without the amendment correct?] you are correct. what is also important is that the amendment to EO 13303 was published by OFAC, Office of Foreign Asset Control, part of U.S. Treasury. [post 1 of 2....stay tuned]
6-6-2014 Newshound Guru Mnt Goat I believe the RV could happen as any stage of the process after June 10th but I am saying it is most likely to happen just before or just after the announcement of the newly formed government’s completion expected to happen on July 15th. The IQD rate will be high when it comes out and it will climb very quickly. The projections for the IFX this week and the amount of CBI reserves (and gold) is an indicator of this. Iraq has met all necessary Basel III requirements and beyond for valuation of a very, very high rate as an asset backed currency. [post 2 of 2]
6-6-2014 Newshound Guru Mnt Goat The newly formed government of Iraq is already taking shape and so when the announcements finally come out it will be a matter of formalities to seat everyone and get the government rolling. There may be some minor disputes but the overwhelming majority the attitudes of almost everyone is to get rid of Maliki. Basically there is a 30 day windows of time we are dealing with to fully, legally seat their new government. The entire cycle of 30 days can be accelerated if all goes well and if there are few to no challenges of the new candidates...we can expect to see a complete government no later than July 15th if all goes well. [post 1 of 2....stay tuned]
6-6-2014 Intel Guru MarkZ If the news gets any better we will be at the bank Monday.
6-6-2014 Intel Guru TerryK I GOT WORD THAT EVERYTHING IS COMPLETED. ALL THAT WE ARE WAITING FOR OFFICIALLY TOLD IS THE SEATING ANNOUNCEMENTS OF THE GOVERNMENT OF IRAQ AND IT WILL RELEASE. I WAS TOLD THAT WE SHOULD SEE IT EITHER TONIGHT [THURSDAY] THRU SATURDAY AND THE OFFICIAL ANNOUNCEMENT WOULD COME ON SUNDAY ON FOREX, BUT TREAT THAT AS RUMOR OF COURSE BUT IT'S VERY VERY STRONG...THIS IS COMING FROM A VERY STRONG SOURCE TIED TO THE US GOV, ONE IN THE KNOW AND HERE IS THE KICKER I JUST GOT IT CONFIRMED BY ANOTHER PERSON THAT HAS TIES TO SOURCES WAY UP THERE.
6-6-2014 Newshound Guru Millionday "...Abdul Salam al-Maliki, said the next few days will reveal the true size of the coalition of state law and the extent of the cruise" he is saying that without him and the old way -- the time line is going to be ugly -- so he is under the impression that it is easier to just leave him there. we know the next couple of days many announcements will come out -- we have alot going on with isx and also the government and the visit of the kurds as well.
6-6-2014 Newshound Guru Kaperoni the world has been trying to push Iraq forward for 10 years. They move at their pace and have little regard for their people. Just a few short months ago, we were literally 3-5 days away (parliament voting) on passing the budget and several economic laws which would have opened the doors to a market economy. Now we have the dispute between the Kurds and central government which shut down parliament indefinitely, no formation of the new GOI, escalating violence, increasing unemployment, no budget so many projects coming to a halt..its getting worse, not better. I am not saying the "sky is falling" but how can anyone think that the currency reform is going to start under those conditions? Yes, the banking system continues to push forward, and it appears the CBI is trying to do it's part. But I cannot see this happening until significant progress is made to resolve these other issues. 6-5-2014 Newshound Guru Stryker ...when could we see this take place? Well July 1, 2014 ISX goes international... Turki said that all measures will be in place by the middle of the year, that’s Monday June 30th and July 1st starts the second half of the year. All financial instruments have been terminated by the new executive order, OFAC should soon, if not already release all financial sanctions worldwide on Iraq. ...all monetary system changes and exchange rate announcements [are] made over the weekends and are announced to the world on the opening of international banking on Monday mornings by any Central Bank. We have five Monday’s in June the last one being Monday the 30th and July 1st being on a Tuesday, just saying.
6-5-2014 Newshound Guru Adam Montana [When Iraq is ready to enter the "big time economy", what's stopping them rom printing NEW currencies thus rendering the Dinar that we hold nothing more than confederate money?] Actually, I think they WILL print "new currency" - and they will give everyone a window to exchange old-to-new. My best guess is a 6 month window. There would be no way they could simply "void" the current notes we hold. [Is it important to try and get smaller then 25,000 Dinar or can I trade large denominations Dinar for smaller?] all notes will be honored when it's time to exchange them, and they won't change the value of one note but not another. All notes in the current series will be affected equally.
6-5-2014 Newshound/Intel Guru Arthur THE REALITY IS THAT THINGS ARE REALLY HEATING UP IN IRAQ. NO NEGATIVES ONLY POSITIVES. EVERYTHING I COULD HAVE POSSIBLY WANTED TO HAPPEN IN MY WILDEST DREAMS HAVE BEEN EXCEEDED IN THE LAST 30 DAYS. REALITY INFORMATION PROVIDERS LIKE [GURU] MILLIONDAY ARE OUTLINING SOME AMAZING, VERIFIABLE EVENTS OCCURRING IN REAL TIME THAT SHOULD HAVE US ALL EXTREMELY EXCITED. I HAVE PERSONALLY BEEN ABLE TO VERIFY SOME NEW INTEL THAT MAKES ME EVEN MORE EXCITED ABOUT THE BEGINNING OF OUR WINDOW TO OUR BLESSING ON THE 14TH OF JUNE. THERE ARE EVENTS WE ARE LOOKING FOR IN THE NEXT 6 DAYS THAT WILL TELL THE TALE AS WE APPROACH THE MOTHER OF ALL RV WINDOWS IN THE HISTORY OF THIS INVESTMENT.
6-5-2014 Newshound Guru Millionday the budget is many projects --- development projects are the lowest -- huge problems with not having it passed but kurds on the way to work on it with iraq federal...they need the budget passed -- so the visit from the kurds is very important... the hcl is on the list for the kurds visit - and the government and the article 140 and the budget.
6-5-2014 Newshound Guru Aggiedad77 One of the things I remember from the old days..."watch what they do...not what they say"...this applies today more than ever, IMO, if they have grown suddenly quiet there has to be a valid reason...but they do nothing without purpose. I do believe the IR (International Rate) clock has begun a countdown of ticking.....working towards an announcement to that will shake the world and its economy.
6-5-2014 Intel Guru Frank26 I TEAM called me...He said...IOO (In our opinion) ...We feel strong that they use an IR (International Rate) internally within their privacy. We are asking: Is this the way AoP want it? Is this a legal way of the IMF with the CBI? If so, How long would this limbo time of invisibility last? What are they using the IR on? There is TOO MUCH peace politically and MR (Monetary Reform) wise in Iraq right now. Has a hidden IR pacified many hardend hearts. Is this to aid in the transaction of the Citizens to Gain Trust. IOO, Internal Finances first, then the Citizens, Then nano seconds later us.
6-5-2014 Newshound Guru Tlar The news has been great. This thing is coming to a head as we edge closer to June 15th. Maliki is loosing at every turn and hopefully by Friday we will see the SOL drop him like the hot potato he is. There is a great chance the CBI will do its thing the last week of this month. I would be surprised if they do not. Just watch as this thing unfolds. It is about to get real exciting.
6-5-2014 Newshound Guru Stryker Is The ISX Going International July 1, 2014? Yes and so is the IQD.
6-5-2014 Newshound Guru Adam Montana [it has been a while since the elections how much longer will it be before we know who they have selected officially for the MP and other key positions so the monitory process will continue forward?] They may not ever make an "official" announcement that won't be contradicted by some other "announcement", but nonetheless I fully expect to see Maliki acting as PM 6 months from now. More importantly, I think that within a week we will be able to look at the situation and be confident that he is continuing, so we won't have to wonder about that anymore.
6-5-2014 Intel/Newshound Guru Poppy3 [Vietnam has a 20% inflation rate...There is NO WAY they can revalue at the present time nor in the immediate future!] ABSOLUTELY AND I HAVE REPORTED MANY TIMES OVER THE LAST 18 MONTHS THAT THE MINISTER OF FINANCE STATED PLAINLY DIRECT TO ALL THEIR BANKER THAT THEY WOULD NOT RV THEIR CURRENCY FOR AT LEAST 14 TO 18 MONTHS POST RV OF THE DINAR. THEY WILL USE THEIR DINAR BEING HELD TO CURB THEIR INFLATION RATE BECAUSE IT IS WELL OUT OF CONTROL...SOME 20 PLUS % AND CLIMBING.
6-4-2014 Intel Guru DC [avia Adept1] For the last nine weeks, it’s been down to the wire 3-6 times per week, and several times it’s been within minutes. They could have done it at that time. It’s a day-to-day tactical fight now. The opposition has agreed to back off a little bit, and they are trying to get this through. There are only a few little things that need to get done. We are really close. [How close are we to touchdown today?] We are back on the ½” line, really, really, really close. [Is the VNN still in the first basket?] Yes, the VNN Is in the first basket, and the rates are better than we expected. [Are there still four rates on the IQN?] Yes, four rates on the IQN.
6-4-2014 Intel Guru TNT Tony [Will the deletion of the zeros affect us (for dinar)?] They will not affect us at all. The rates will be applied without deleting zeros. [Have you heard how many zeros may be deleted off the Zim?] I go with the worst case scenario... They have changed the number of zeros during the process, so I would go with the worst, which is 9. Anything else is a blessing. [post 2 of 2]
6-4-2014 Intel Guru TNT Tony [via Adept1] Today...everybody has agreed to disagree and ‘let’s just do this’. We are in a super-fantastic position and this should be a great week. it’s a great day to be a dinarian...and we should be celebrating what they accomplished yesterday evening. A great wall was broken through last night, and everyone is saying “Okay, go ahead”. [post 1 of 2....stay tuned]
6-4-2014 Newshound Guru Adam Montana The HCL will be moving soon… Through all the peaks and valleys of the past couple years on the HCL saga, we are nearing the highest peak I have ever seen and I am looking forward to the coming days! Maliki, for his part, is indeed reaching out to the Kurds…with a successful resolution of the HCL I strongly believe they will grudgingly (and temporarily) overlook their disagreement with his win… this will be resolved shortly. I still believe he will continue as PM, and I’m not disturbed by that at all. In fact, I think this rough patch right now while the election results are being finalized is a GREAT time to break down some of the barriers to the HCL, which is going to be GREAT for pushing through to a revaluation and strengthening of the Iraqi Dinar.
6-4-2014 Intel Guru Mnt Goat The news just keeps getting better and better as we near the finish line. WOW again! I am concerned about some of the false information now coming out of the Iraq…This is serious and it is getting simply ridiculous and almost laughable. It is my strong feeling we are still looking at possibly around mid July towards the end of July before we see the announce of the fully, functional, stable government. I certainly hope it all happens prior to this date. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government with relative stability.
6-4-2014 Intel Guru Jester SEEMS AS IF EVERYTHING IS GOING THE WAY IT IS SUPPOSED TO... I HAVE NOT HEARD ANYTHING NEGATIVE AT ALL IN A COUPLE DAYS.
6-4-2014 Intel/Newshound Guru Poppy3 MALIKI IS NOT A LAME DUCK HE IS A DEAD DUCK AND WILL NOT SURVIVE...SOME STILL GIVE HIM HOPE AND THE POSSIBILITIES OF STILL REMAINING BUT HE WILL NOT IN MY OPINION. WITH ALL THE CONSTANT DISRUPTION TO PROGRESS AND HELPING THE PEOPLE OF IRAQ...THEY WILL NOT ALLOW HIM TO DOMINATE THE COUNTRY ANY LONGER. THATS WHY ALL THESE BLOCS ARE FORMING NEW ALLIANCES AND BUILDING A COALITION BETWEEN GROUPS THAT HAVE NEVER AGREED BEFORE JUST TO HAVE THE POWER TO RULE AGAINST HIM EVER BEING PM AGAIN OR ANYONE LIKE HIM. THIS COUNTRY IS GOING TO MOVE FRONT AND CENTER ON THE WORLD STAGE SO GET READY.
6-4-2014 Newshound Guru Enorrste While this certainly was not my first choice, I am glad to see that they are close to resolving this issue. The last thing we need is to have this drag out for a year as it did four years ago. Also, even if Maliki is returned as PM, we will at least have someone who has "stated" that he is ready to move the country forward. So, I say this: get the politics out of the way and let's move forward. [post 2 of 2]
6-4-2014 Newshound Guru Enorrste Article: "Zamili: The bylaw of the National Alliance will be passed within the next two days" This article is unfortunately offset by others today including the one in which Maliki himself announced that he has 175 votes, more than enough to return him to the PM slot. It appears, at least at this point, that KAP [Guru Kaperoni] was right when he said that Maliki would "whittle away" at the other small parties until he was able to create a new majority. From the sound of his own statement, he has done this, and will announce the new government alliance, led by himself, in a few days. [post 1 of 2....stay tuned]
6-4-2014 Newshound Guru Kaperoni Article: "Maliki: political majority to form a government are realized by 175 votes secured" Whether this is true or not is not important..the stage that Maliki is setting is. He has always said he is the only one for PM and only he is the one that can do the job. By starting this talk he is creating doubt in the other blocks solidarity and one by one they tend to lean back to him as time passes and delays become an issue. My money is on Maliki continues to squat till he gets his way.
6-4-2014 Newshound Guru Millionday the way that a reality rate is calculated states what it would be -- that is why the dong is not the same as the euro -- usd -- etc and they are not the same as each other -- they are calculated in their country and that is the calculation and how the rate is calculated will be the result of the rate -- its not just the gdp but that is the most of it -- how it is backed as well and there are few other things that go with the calculation and how the rate is calculated will be the result of the rate -- rates are all different and it goes by each country...at this time we do not know the rate or the date.
6-4-2014 Newshound Guru Kaperoni Article: "Central Bank and the Bank of the economy discuss the procedures and mechanisms that will be adopted to improve the performance of the bank" at least 5 times in the 2013 Article IV Consultation the IMF stated that the CBI should look towards accepting Article VIII. That was well over 15 months now. As well, the TIFA agreement signed in March 2013 stated "freedom of movement of capital" by the end of the year (meaning 2013), so this is not a long ways off IMO. The CBI will make the move soon. As for a timeframe of compliance, we can only hope it is short (few weeks), but I have seen somewhere in a report on the IMF website a statement referring 90 days. That was not directed specifically at Iraq but was talking about maintaining stability of the exchange rate. So IMO, Its 90 days or less once in compliance (if they maintain it). this article...is very compelling to support this theory.
6-4-2014 Intel Guru TerryK IM HEARING THAT CHINA HAD A BOND THAT MATURED LAST NIGHT AND THATS WHAT THE IMF HAD THE ORDERS TO HOLD ON...SO MAYBE TONIGHT WE MIGHT BE ROCKIN...WE ARE PRIME FOR THE RV, WHAT IM BEING TOLD. JUST KNOW THAT IT IS TO HAPPEN PRIOR TO THE 10TH. THAT'S COMING FROM A TIGHT SOURCE FROM DC.
6-4-2014 Intel Guru MarkZ Zero negative news today [Tuesday], ALL news has been good! Things appear to be solidly on track. 6-3-2014 Newshound Guru Aggiedad77 [referencing Frank26 post 6-3-2014 below] I'm thinking that this is incredible news. The two governments could be meeting and talking about anything...BUT add to that meeting one single solitary individual...someone who is not tied to the government of either entity sitting at the table...the one man in charge of the Central Bank of Iraq...put him in the same room with "these two" governments and that gets the juices flowing...this meeting...needs to trigger your excitement and anticipation of good things to come.
6-3-2014 Intel Guru Frank26 AT THIS VERY MOMENT IN BAGHDAD A HUGE MEETING GOING ON WITH A FULL DELEGATION OF REPRESENTATIVES FROM THE US GOVERNMENT AND A FULL DELEGATION OF THE IRAQI GOVERNMENT ALONG WITH THE GOVERNOR OF THE CBI TURKI...THEY WILL NOT TELL YOU OF THE INTENT FOR THIS MEETING UNTIL A NUMBER OF DAYS FROM NOW...[GURU] DELTA CALLED THIS INFORMATION IN TO ME AND IS LISTENING AND TAKING NOTES OF THE MEETING...TIMING OF THIS MEETING IS OF VITAL IMPORTANCE... IMO...We may hit one over the right fence tonight!!!
6-3-2014 Newshound Guru Aggiedad77 Article "Maliki: implicitly 175 votes and achieved the majority needed to form a government" I promised you that Maliki was not down and out...I believe he has learned the stealthiness of most wary of cats...in the dark of the night he has amassed this following...he wants to get the government formed quickly. Article: "Maliki: we have achieved the necessary majority to form a government" Maliki spoke to Iraqi citizens on national television to announce he now has 175 seats of Parliament supporting him...Maliki claims that his opponents are seeking to install a weak PM that will allow certain blocs to pass laws that will not be contested by anyone, such as Maliki now...
6-3-2014 Newshound Guru Millionday [in your opinion can the reality rate be set before the ISX goes live?] yes, the reality rate should be set before they go live because the largest product they have is the dinar and the price index would only make sense in trading shares with a fair market value...this is to be live by the end of june and ready in the middle of this month... they are going global according to what they are reporting.
6-3-2014 Intel Guru Frank26 [this is all coming together at last!] Indeed it does seem so Friend...Always keeping in mind that the Minds of the Middle Eastern World run on a very slow clock. Incredibly...Their famous procrastination slows and bends time warping it into frustration for us! Einstein would be proud of them.
6-3-2014 Newshound/Intel Guru BGG I think the main reason for all the "pro-Maliki" spin in the market place right now are the vast fortunes he's spending on advertising...as far as he's concerned - this is still his "election cycle". I won't count him out - but he's not nearly as "well off" as some...are reporting.
6-3-2014 Newshound Guru chattels for the Kurds the budget is too entangled with the formation of the new government to stand alone for a vote. IMO, we will not see a budget until we see the next government. [so if we do not see the budget till the next govt...can we still have the RV without the budget? seems they have to have that new rate in place to put it in the budget...is that right?] i have never subscribed to the notion that the budget was awaiting the rv'd rate or would reveal the new value.
6-3-2014 Newshound Guru Millionday [If the reality rate appears at say .86 or 1.13 will it be exchangeable at that rate world wide instantly or just in Iraq?] it will be the exchange rate that you would get as if you were traveling and will be global. [Are they still waiting to see who the next PM will be before RVing?] i have not seen that they are waiting for the PM to be named for anything economical...i dont see that they are waiting for anything in ink -- i dont even see according to the statement by the gov of CBI, Turki that they are waiting on the budget so without anything in ink or by press statement -- i cant say that they are waiting on anything...we dont have the date but they seem to be saying that they are working on moving iraq to a market economy. 6-2-2014 Newshound Guru Kaperoni Since almost 100% of the countries income is in USD, the budget is in USD and converted to Dinar for funding purposes. Salary increases have nothing to do with exchange rate and no, there is no RV hidden in the budget.
6-2-2014 Intel Guru DC Are there people that would like to delay this? Yes, but they have gotten to the point where people are saying enough is enough. It is on a day to day basis right now. [Iraq debt with the DFI funds, they had 10 days, is that extended? Have they paid them?] My understanding is yes. I know that more than one country got paid at the new rate & the rest real soon.
6-2-2014 Intel Guru TNT Tony Not a lot of news today but today is a superfantastic day. In Iraq, the GOI is announced all except 1 major position. [Could it happen anytime?] Yes. I believe it is really, really soon. It's on track. We are absolutely close.
6-2-2014 Newshound/Intel Guru Eagle1 When the actual exchange value of the IQD or the VND (just to name two popular examples) is released, I believe that many folks will be both astonished and pleased. ...Acting Governor of the CBI, Abdul Basset Turki...two years ago...said (and I'm paraphrasing him), "When the public sees the release of the actual value of the Dinar, they will be shocked!" Over this past weekend, we have seen more than a dozen currencies go through some pretty radical changes behind the scenes. While those changes are not yet reflected on the FOREX sites we see, we believe that these changes portend an imminent public release since they are a part of this overall Global Reset. We really are near the end of this ride! [post 3 of 3]
6-2-2014 Newshound/Intel Guru Eagle1 We have a two-step process in the works. The first step is what the international banking community is referring to as "a general RV." This amounts to a first-stage release of all of the major revaluing currencies, among which we all know includes the IQD, the VND, the IDR and a fistful of others which are increasing in value. The second stage is what we refer to as the Global Currency Reset. We call it a reset because it amounts to a restructuring of currencies based on real value, backed by gold and other tangible assets or commodities with real, exchangeable value...the IQD is the "base currency" for this process. Because the Dinar is the only 100% gold-backed currency in the world, it becomes the lynchpin for the "general RV" and the GCR. [post 2 of 3....stay tuned]
6-2-2014 Newshound/Intel Guru Eagle1 Many things are taking place behind the scenes which lead us to the inescapable conclusion that we are actually seeing the unfolding of the Global Currency Reset. This is a process...it is not a simple push of one button. There are -- based on my sources -- not less than twelve individuals who are directly involved in the process whose approval is required and is sequential to the final release to the general public. [post 1 of 3....stay tuned]
6-2-2014 Newshound Guru Aggiedad77 Article: "UPDATE 2-Iraq threatens legal action against any buyer of piped Kurdish oil - Reuters" It is odd that Maliki and his government is making such noise against the Kurds at this point...seems to me that if he was attempting to court their alliance with regard to the recent elections...he might be making "concessions" instead of threatening suits left and right over what the Kurds have done with their oil...I honestly believe it is not the Kurds intention to renege on the percentage of the revenue that is due to be passed back to the GOI...what is lacking totally in this equation is simply a matter of trust by either side...none...NADA...petty children's games being replayed by adults.
6-2-2014 Intel Guru MarkZ Things are looking GREAT...there is no need to worry. [are you feeling very strongly that this is our week? like early this week?] I FEEL great. [Are you still. Feeling good about by June 15?] yes...
6-2-2014 Intel Guru TerryK I WAS ADVISED...10 LAWS WERE PASSED THIS WEEKEND IN IRAQ...10 IN ONE DAY. A LOT HAS BEEN GOING ON AND I AM BEING TOLD THAT THIS IS TO GO DOWN TODAY AND WE SHOULD SEE IT TOMORROW. I HAVE A NEW RATE... 9.23. TREAT THIS AS A RUMOR.
6-2-2014 Intel Guru Mnt Goat Two major, major events took place and both very significant for us dinar holders. The signing of the final paperwork for Iraq to enter the WTO and the amendment to EO 13303 freeing up the assets of the CBI, now no longer under sanctions within the USA. It is my strong feeling we are looking at possibly around mid July towards the end of July before we see the announce of the fully, functional, stable government. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government line up. This I believe has to happen and this I believe will be the grand finale. I certainly hope it all happens prior to this date. [post 2 of 2]
6-2-2014 Intel Guru Mnt Goat Maliki is simple not getting the support he anticipated. What I cannot understand is how some can still cling to the notion that Maliki has won a 3rd term as prime minister already. I do not expect that Iraq will take 5-6 months to form this new government as in 2010. This government should be formed quickly since they have been planning for this since 2012. [post 1 of 2....stay tuned]
6-2-2014 Newshound Guru Kaperoni Article: "Concerned : non- adoption of the budget is causing economic recession" Quote: "that under the current circumstances make it difficult to control the exchange rate of the dollar due to the central bank to pump large quantities of hard currency to the money transfer companies." ...until they open the banking system to the world, these banks are nothing but currency dealers...and now we see through this article, that business may be in jeopardy as a result of allowing money transfer companies to go direct to the CBI. This may be more than just the reduction of the spread (Official Rate/Market Rate), but the indication that the CBI is planning to move to Article VIII much more quickly that we may have thought so these banks can do real business!
6-2-2014 Newshound Guru Millionday this is huge and is titled the FUTURE ...from the economic plan for Iraq. Quote: "...oil revenues the focus of the subject and present certainly which is expected to reach 5 trillion dollars in the course of the year 2035, according to estimates..." ...Iraq is depended on entirely for the new energy market with their reforms and also the global energy changes. this...tells us the huge position that Iraq will hold in trade and of course economic resolve for the globe. they are stating at this time that the change that Iraq represents is huge for all of the globe and of course for them as well -- during the massive press conferences they have informed the citizens of what is to come and they have also now informed it would seem the globe that they are in a hurry...
6-2-2014 Newshound Guru Aggiedad77 Article: "Kurdistan: Maliki rejected all initiatives put forward to resolve the dispute oil" There are many points to this article....but basically with the exception of one point...it is all old news.....the new point is that the Kurds are accusing Maliki of being the one to cause the budget to be postponed until after the elections...this is not some effort of other blocs....primarily believed to have been Najafi's delay tactics...it really doesn't matter, the fact is they have sat on their hands for almost 2 months now and haven't done anything or made any attempt to even look at the budget...meanwhile oil flows out of the Kurdistan and is going overseas to Europe.
6-2-2014 Intel Guru Jester THIS IS A HUGE UNDERTAKING AND THEY ARE NOT WAITING ON ONE THING...THAT IS NOT THE WAY IT WORKS...THERE IS NO ONE THING THAT WILL TRIP THE TRIGGER... WELL SOME DAY THERE WILL BE ONE THING LEFT BUT...THERE IS A SERIES OF EVENTS THAT HAS TO HAPPEN TO MAKE THIS THING WORK RIGHT...AND THAT IS WHAT THEY ARE DOING...IS IT TAKING LONGER THAN THEY THOUGHT...YES...IT IS TIMING AND POLITICS.
6-2-2014 Intel Guru WILDDUCK TIME WILL TELL AND THIS HAS BEEN THE BIGGEST DISINFORMATION WEEK I HAVE SEEN SINCE I GOT IN THIS...LIKE I ALWAYS SAID THIS WILL LIMP INTO VIEW 6-1-2014 Newshound Guru Millionday [they've said many times they were ready to pass the budget. What's different this time? I feel like they're the boy crying wolf.] they are saying that they will have the budget done and ready before the 14th of june. they need money to move forward and have made it very clear that the only way to get it is to push forward the budget and tariff taxes. [Projects still going on line tomorrow (June 1st)?] the projects are supposed to begin by...the 1st of june per order of the UN -- i dont know if they will, but the order was in ink. [post 2 of 2]
6-1-2014 Newshound Guru Millionday [Are they doing the budget now and monetary reform along with deleting the zeros in june?] they are doing the budget now and laying it out with the five year plan and the final accounts from 2013. they are calling to move forward with budget and also the vote for the budget is ready but had lack in quorum...they can pass it with majority and told the citizens they were going to -- so again they keep contradicting what they say and of course when they will be done. [post 1 of 2....stay tuned]
6-1-2014 Newshound Guru Aggiedad77 Article: "The appearance of Mohammed Saleh: central bank's measures will not lead to the stability of the exchange rate of the dinar against the dollar" Dr. Mohammed Saleh is quoted as saying the act by the CBI to allow money transfer companies to buy the dollar without any middle bank being involved will not lead to stability of the dinar against the dollar...he says that this action will surely reduce the transaction costs but will not be seen as a solution...he claims the solution would be to meet the needs of the foreign currency market...he says the action by the CBI will succeed in lowering the price of the dollar.
6-1-2014 Newshound Guru chattels i do believe that the outcome of the PM vote / selection will surprise us, but unfortunately for me that element of surprise does not rule out Maliki.
6-1-2014 Newshound Guru Kaperoni I just want to see gradual appreciation of the dinar based on the economic progress...as the economy grows, so does the dinar. If they implement this "deletion of zeros" it might not be what we want! I would rather see the dinar rise gradually and be assured that the we will eventually see significant returns on the dinar then take a chance on some overnight event that may not end up as we want it to...there is no way to know with absolute certainty that any overnight event would benefit us. But a gradual appreciation of the dinar based on the Balassa-Samuelson effect will! I want to see them raise the value gradually, and when it is 1 to $1 or about, apply the Law of Indebitness to correct all accounting and financial records.
6-1-2014 Newshound Guru Enorrste [At 1187 CBI rate, 1210 is exactly 2% spread, so I dare say we're compliant, folks.] The only numbers we need to concern ourselves about are the numbers that the IMF is using. Speculation on this matter is interesting, but not highly productive. In the end, when the IMF sees that Iraq is in compliance, then we will see our opportunity. Until then, however, we are all just hoping. Unfortunately, I don't know just how the IMF looks at this. We have 1166 and 1179 and now 1189 as potential "official" rates. Unless the IMF accepts 1189, however, we may still be a way off in getting in the "compliance" that they are looking for.
6-1-2014 Newshound Guru chattels ...anyone who says that it has to happen on or before this date and /or because of this, that or the other, has been WRONG. this event is far too important to be PREDICTABLE. this event is a matter of national security for Iraq, nobody is supposed to know, even Dr. Shabbibi said that he DID NOT KNOW. Shabbibi also said that if he did know that he could not say.
6-1-2014 Newshound/Intel Guru BGG based on what I hear from my contacts (not various other researchers or Gurus) I am very encouraged about the state of our investment. I will say this - no matter who is "elected" or what the various twists and turns - it is unlikely we'll be at this for much longer.
6-1-2014 Intel Guru TD The CBI has been asked to let things form & stabilize before any major monetary policies are executed. While the CBI is autonomous in theory, there is inter dependance among the executive & legislative branches. Don't be surprised to see announcements regarding deletion of the zeros project, IMF & WTO compliance issues, international capital & investment banking reforms as targets of programs to roll out in 2015. This is Iraq and a snails pace of "things to do" hasn't changed one bit. June, which was stated previously as a month of goals & actions will come & go without enactment of anything major relative to the dinar, it's rate or status. [post 2 of 2]
6-1-2014 Intel Guru TD I'm told there's much to sort out & put in place with the new government. Key positions of political players being fought over. The Kurds are waiting to see if coalition power will be in their best interests. They have expressed to everyone that they are in a "wait & see" mode and only THEY will decide the best interests of their future. Coupled with this is Parliament who also has various laws still to enact to move the country into a market driven, international platform of investment & trade. [post 1 of 2....stay tuned]
6-1-2014 Intel Guru Jester I WAS TOLD EARLIER TODAY IT COULD BE IN THE NEXT 10 MINUTES OR THE NEXT 10 DAYS... NOW KEEP IN MIND HOW THINGS CHANGE... BUT RIGHT NOW THAT IS WHAT I AM HEARING.
6-1-2014 Intel/Newshound Guru Poppy3 HAVEN'T THEY PUT IN INK THAT THEY WILL HAVE A ISX TRADABLE CURRENCY IN THE MONTH OF JUNE OR THE MIDDLE OF 2014...WE ARE THERE...SOUNDS PRETTY SOLID TO ME. THAT WAS SAID SEVERAL TIMES BY SEVERAL PEOPLE IN THE CBI AND GOI.
6-1-2014 Intel Guru Bluwolf ...monies have been loaded in all world banks, we are basil 3 compliant and so is the rest of the world, we are just waiting for the 800# now. There are no restraints or delays...Expect to be surprised at any second. Imo there will be a new PM in Iraq and as soon as we see the results officially then it must go internationally immediately as a sovereign nation with its full values in its currency.
6-6-2014 Intel Guru Frank26 THEN THERE ARE ALSO CARDS THAT WILL BE ASSIGNED TO THE CITIZENS SOLELY TO BE USED WITHIN THE COUNTRY. OUR BIG QUESTION RIGHT NOW IS WHICH OF THESE TWO CARDS ARE THESE? WE ARE FEELING COMFORTABLE THAT IT IS THE INTERNATIONAL CARD BUT TIME AND TIMING WILL TELL US IN THE COMING DAYS. “IF” THIS ASSUMPTION ABOUT THE Qi CARD IS CORRECT THEN IMO THE CBI HAS TO RELEASE AN IR [INTERNATIONAL RATE] OR THESE CARDS TRULY HAVE NO FUNCTION OUTSIDE OF IRAQ ON AN INTERNATIONAL LEVEL. IMO, THESE CARDS HAVE TO BE WITH AN IR (International Rate) DUE TO ARTICLE 8 COMPLIANCE...TALK ABOUT TIMING!! [post 2 of 2]
6-6-2014 Intel Guru Frank26 Qi CARDS WERE ANNOUNCED FOR CITIZENS TODAY. IRAQIA TV COVERED IT TO THE CITIZENS IN DETAIL. THE MINISTER OF PLANNING ALONG WITH THE CBI MADE THIS ANNOUNCEMENT. CITIZENS ARE TO GO TO IRAQI BANKS TO HAVE THESE CARDS DISTRIBUTED TO THEM AND LOADED WITH FUNDS. LAST YEAR THEY TOLD US ABOUT THESE INTERNATIONAL CARDS WITH 70+ FUNCTIONS COMPARED TO THE OLD CARDS. OUR TEAMS ARE LOOKING VERY CAREFULLY RIGHT NOW TO SEE WHICH Qi CARD THIS TRULY IS. THAT'S WHY WE NEED MORE INFO AND WE BELIEVE IT WILL BE FORTH COMING ON SUNDAY. [post 1 of 2....stay tuned]
6-6-2014 Newshound Guru wmawhite this is certainly moving forward...watch all of this as if you are watching a well played football game. Watch the plays and never watch the clock. Watch all of these events and stop thinking about the dates.
6-6-2014 Newshound Guru Kaperoni "Security Council urges Baghdad and Erbil to reach an agreement on oil exports" It is so frustrating when we can see the potential of Iraq...that if they could just get a GOI that unified and wants to work together.
6-6-2014 Intel Guru DC [via Adept1] We have been told that we truly cannot say anything right now due to sensitivities. A lot of this stuff just happened. We were planning on being more descriptive, but we were told not to do that for many good reasons. But we expect to talk to you very soon.
6-6-2014 Intel Guru TNT Tony [via Adept1] We’re still going, it’s still possible, and everything is looking good. We are in an excellent mood and wanted to lay out the procedures, but we cannot...we are in a great place, super-excited. Just hang on. It’s going to be a great weekend.
6-6-2014 Intel Guru Okie_Oil_Man WE ARE IN THE RIGHT PLACE AND THE TIMING IS VERY NEAR FOR US. THE PROGRESS NECESSARY FOR THE R/V HAS BEEN MADE. WE ONLY AWAIT THE ANNOUNCEMENT---YES---IT'S THAT SIMPLE.
6-6-2014 Newshound Guru wmawhite ["Article IV and Article VIII of The Article of Agreements should now be completed or soon will be. "... is there some ink on the timing of the foregoing?] As you are thinking...I believe this is so huge...this enables U.S. banks to do business with the CBI If They Choose To. One particular researcher that I respect believes that the CBI has met the requirements of Article 8 and we are now waiting on the CBI and IMF to release the new rate. [is that the 2% variance in official / market rate?] this researcher told me that the 2% variance does not apply UNTIL the IQD has an exchange rate. Currently the IQD is only bought and sold...it is not exchanged on the world market...(forex). [post 2 of 2]
6-6-2014 Newshound Guru wmawhite it is important to understand that EC 13303 is STILL in effect...the only difference is that it has been amended. [Amended to allow the currency to go international? CBI did not have the authotity without the amendment correct?] you are correct. what is also important is that the amendment to EO 13303 was published by OFAC, Office of Foreign Asset Control, part of U.S. Treasury. [post 1 of 2....stay tuned]
6-6-2014 Newshound Guru Mnt Goat I believe the RV could happen as any stage of the process after June 10th but I am saying it is most likely to happen just before or just after the announcement of the newly formed government’s completion expected to happen on July 15th. The IQD rate will be high when it comes out and it will climb very quickly. The projections for the IFX this week and the amount of CBI reserves (and gold) is an indicator of this. Iraq has met all necessary Basel III requirements and beyond for valuation of a very, very high rate as an asset backed currency. [post 2 of 2]
6-6-2014 Newshound Guru Mnt Goat The newly formed government of Iraq is already taking shape and so when the announcements finally come out it will be a matter of formalities to seat everyone and get the government rolling. There may be some minor disputes but the overwhelming majority the attitudes of almost everyone is to get rid of Maliki. Basically there is a 30 day windows of time we are dealing with to fully, legally seat their new government. The entire cycle of 30 days can be accelerated if all goes well and if there are few to no challenges of the new candidates...we can expect to see a complete government no later than July 15th if all goes well. [post 1 of 2....stay tuned]
6-6-2014 Intel Guru MarkZ If the news gets any better we will be at the bank Monday.
6-6-2014 Intel Guru TerryK I GOT WORD THAT EVERYTHING IS COMPLETED. ALL THAT WE ARE WAITING FOR OFFICIALLY TOLD IS THE SEATING ANNOUNCEMENTS OF THE GOVERNMENT OF IRAQ AND IT WILL RELEASE. I WAS TOLD THAT WE SHOULD SEE IT EITHER TONIGHT [THURSDAY] THRU SATURDAY AND THE OFFICIAL ANNOUNCEMENT WOULD COME ON SUNDAY ON FOREX, BUT TREAT THAT AS RUMOR OF COURSE BUT IT'S VERY VERY STRONG...THIS IS COMING FROM A VERY STRONG SOURCE TIED TO THE US GOV, ONE IN THE KNOW AND HERE IS THE KICKER I JUST GOT IT CONFIRMED BY ANOTHER PERSON THAT HAS TIES TO SOURCES WAY UP THERE.
6-6-2014 Newshound Guru Millionday "...Abdul Salam al-Maliki, said the next few days will reveal the true size of the coalition of state law and the extent of the cruise" he is saying that without him and the old way -- the time line is going to be ugly -- so he is under the impression that it is easier to just leave him there. we know the next couple of days many announcements will come out -- we have alot going on with isx and also the government and the visit of the kurds as well.
6-6-2014 Newshound Guru Kaperoni the world has been trying to push Iraq forward for 10 years. They move at their pace and have little regard for their people. Just a few short months ago, we were literally 3-5 days away (parliament voting) on passing the budget and several economic laws which would have opened the doors to a market economy. Now we have the dispute between the Kurds and central government which shut down parliament indefinitely, no formation of the new GOI, escalating violence, increasing unemployment, no budget so many projects coming to a halt..its getting worse, not better. I am not saying the "sky is falling" but how can anyone think that the currency reform is going to start under those conditions? Yes, the banking system continues to push forward, and it appears the CBI is trying to do it's part. But I cannot see this happening until significant progress is made to resolve these other issues. 6-5-2014 Newshound Guru Stryker ...when could we see this take place? Well July 1, 2014 ISX goes international... Turki said that all measures will be in place by the middle of the year, that’s Monday June 30th and July 1st starts the second half of the year. All financial instruments have been terminated by the new executive order, OFAC should soon, if not already release all financial sanctions worldwide on Iraq. ...all monetary system changes and exchange rate announcements [are] made over the weekends and are announced to the world on the opening of international banking on Monday mornings by any Central Bank. We have five Monday’s in June the last one being Monday the 30th and July 1st being on a Tuesday, just saying.
6-5-2014 Newshound Guru Adam Montana [When Iraq is ready to enter the "big time economy", what's stopping them rom printing NEW currencies thus rendering the Dinar that we hold nothing more than confederate money?] Actually, I think they WILL print "new currency" - and they will give everyone a window to exchange old-to-new. My best guess is a 6 month window. There would be no way they could simply "void" the current notes we hold. [Is it important to try and get smaller then 25,000 Dinar or can I trade large denominations Dinar for smaller?] all notes will be honored when it's time to exchange them, and they won't change the value of one note but not another. All notes in the current series will be affected equally.
6-5-2014 Newshound/Intel Guru Arthur THE REALITY IS THAT THINGS ARE REALLY HEATING UP IN IRAQ. NO NEGATIVES ONLY POSITIVES. EVERYTHING I COULD HAVE POSSIBLY WANTED TO HAPPEN IN MY WILDEST DREAMS HAVE BEEN EXCEEDED IN THE LAST 30 DAYS. REALITY INFORMATION PROVIDERS LIKE [GURU] MILLIONDAY ARE OUTLINING SOME AMAZING, VERIFIABLE EVENTS OCCURRING IN REAL TIME THAT SHOULD HAVE US ALL EXTREMELY EXCITED. I HAVE PERSONALLY BEEN ABLE TO VERIFY SOME NEW INTEL THAT MAKES ME EVEN MORE EXCITED ABOUT THE BEGINNING OF OUR WINDOW TO OUR BLESSING ON THE 14TH OF JUNE. THERE ARE EVENTS WE ARE LOOKING FOR IN THE NEXT 6 DAYS THAT WILL TELL THE TALE AS WE APPROACH THE MOTHER OF ALL RV WINDOWS IN THE HISTORY OF THIS INVESTMENT.
6-5-2014 Newshound Guru Millionday the budget is many projects --- development projects are the lowest -- huge problems with not having it passed but kurds on the way to work on it with iraq federal...they need the budget passed -- so the visit from the kurds is very important... the hcl is on the list for the kurds visit - and the government and the article 140 and the budget.
6-5-2014 Newshound Guru Aggiedad77 One of the things I remember from the old days..."watch what they do...not what they say"...this applies today more than ever, IMO, if they have grown suddenly quiet there has to be a valid reason...but they do nothing without purpose. I do believe the IR (International Rate) clock has begun a countdown of ticking.....working towards an announcement to that will shake the world and its economy.
6-5-2014 Intel Guru Frank26 I TEAM called me...He said...IOO (In our opinion) ...We feel strong that they use an IR (International Rate) internally within their privacy. We are asking: Is this the way AoP want it? Is this a legal way of the IMF with the CBI? If so, How long would this limbo time of invisibility last? What are they using the IR on? There is TOO MUCH peace politically and MR (Monetary Reform) wise in Iraq right now. Has a hidden IR pacified many hardend hearts. Is this to aid in the transaction of the Citizens to Gain Trust. IOO, Internal Finances first, then the Citizens, Then nano seconds later us.
6-5-2014 Newshound Guru Tlar The news has been great. This thing is coming to a head as we edge closer to June 15th. Maliki is loosing at every turn and hopefully by Friday we will see the SOL drop him like the hot potato he is. There is a great chance the CBI will do its thing the last week of this month. I would be surprised if they do not. Just watch as this thing unfolds. It is about to get real exciting.
6-5-2014 Newshound Guru Stryker Is The ISX Going International July 1, 2014? Yes and so is the IQD.
6-5-2014 Newshound Guru Adam Montana [it has been a while since the elections how much longer will it be before we know who they have selected officially for the MP and other key positions so the monitory process will continue forward?] They may not ever make an "official" announcement that won't be contradicted by some other "announcement", but nonetheless I fully expect to see Maliki acting as PM 6 months from now. More importantly, I think that within a week we will be able to look at the situation and be confident that he is continuing, so we won't have to wonder about that anymore.
6-5-2014 Intel/Newshound Guru Poppy3 [Vietnam has a 20% inflation rate...There is NO WAY they can revalue at the present time nor in the immediate future!] ABSOLUTELY AND I HAVE REPORTED MANY TIMES OVER THE LAST 18 MONTHS THAT THE MINISTER OF FINANCE STATED PLAINLY DIRECT TO ALL THEIR BANKER THAT THEY WOULD NOT RV THEIR CURRENCY FOR AT LEAST 14 TO 18 MONTHS POST RV OF THE DINAR. THEY WILL USE THEIR DINAR BEING HELD TO CURB THEIR INFLATION RATE BECAUSE IT IS WELL OUT OF CONTROL...SOME 20 PLUS % AND CLIMBING.
6-4-2014 Intel Guru DC [avia Adept1] For the last nine weeks, it’s been down to the wire 3-6 times per week, and several times it’s been within minutes. They could have done it at that time. It’s a day-to-day tactical fight now. The opposition has agreed to back off a little bit, and they are trying to get this through. There are only a few little things that need to get done. We are really close. [How close are we to touchdown today?] We are back on the ½” line, really, really, really close. [Is the VNN still in the first basket?] Yes, the VNN Is in the first basket, and the rates are better than we expected. [Are there still four rates on the IQN?] Yes, four rates on the IQN.
6-4-2014 Intel Guru TNT Tony [Will the deletion of the zeros affect us (for dinar)?] They will not affect us at all. The rates will be applied without deleting zeros. [Have you heard how many zeros may be deleted off the Zim?] I go with the worst case scenario... They have changed the number of zeros during the process, so I would go with the worst, which is 9. Anything else is a blessing. [post 2 of 2]
6-4-2014 Intel Guru TNT Tony [via Adept1] Today...everybody has agreed to disagree and ‘let’s just do this’. We are in a super-fantastic position and this should be a great week. it’s a great day to be a dinarian...and we should be celebrating what they accomplished yesterday evening. A great wall was broken through last night, and everyone is saying “Okay, go ahead”. [post 1 of 2....stay tuned]
6-4-2014 Newshound Guru Adam Montana The HCL will be moving soon… Through all the peaks and valleys of the past couple years on the HCL saga, we are nearing the highest peak I have ever seen and I am looking forward to the coming days! Maliki, for his part, is indeed reaching out to the Kurds…with a successful resolution of the HCL I strongly believe they will grudgingly (and temporarily) overlook their disagreement with his win… this will be resolved shortly. I still believe he will continue as PM, and I’m not disturbed by that at all. In fact, I think this rough patch right now while the election results are being finalized is a GREAT time to break down some of the barriers to the HCL, which is going to be GREAT for pushing through to a revaluation and strengthening of the Iraqi Dinar.
6-4-2014 Intel Guru Mnt Goat The news just keeps getting better and better as we near the finish line. WOW again! I am concerned about some of the false information now coming out of the Iraq…This is serious and it is getting simply ridiculous and almost laughable. It is my strong feeling we are still looking at possibly around mid July towards the end of July before we see the announce of the fully, functional, stable government. I certainly hope it all happens prior to this date. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government with relative stability.
6-4-2014 Intel Guru Jester SEEMS AS IF EVERYTHING IS GOING THE WAY IT IS SUPPOSED TO... I HAVE NOT HEARD ANYTHING NEGATIVE AT ALL IN A COUPLE DAYS.
6-4-2014 Intel/Newshound Guru Poppy3 MALIKI IS NOT A LAME DUCK HE IS A DEAD DUCK AND WILL NOT SURVIVE...SOME STILL GIVE HIM HOPE AND THE POSSIBILITIES OF STILL REMAINING BUT HE WILL NOT IN MY OPINION. WITH ALL THE CONSTANT DISRUPTION TO PROGRESS AND HELPING THE PEOPLE OF IRAQ...THEY WILL NOT ALLOW HIM TO DOMINATE THE COUNTRY ANY LONGER. THATS WHY ALL THESE BLOCS ARE FORMING NEW ALLIANCES AND BUILDING A COALITION BETWEEN GROUPS THAT HAVE NEVER AGREED BEFORE JUST TO HAVE THE POWER TO RULE AGAINST HIM EVER BEING PM AGAIN OR ANYONE LIKE HIM. THIS COUNTRY IS GOING TO MOVE FRONT AND CENTER ON THE WORLD STAGE SO GET READY.
6-4-2014 Newshound Guru Enorrste While this certainly was not my first choice, I am glad to see that they are close to resolving this issue. The last thing we need is to have this drag out for a year as it did four years ago. Also, even if Maliki is returned as PM, we will at least have someone who has "stated" that he is ready to move the country forward. So, I say this: get the politics out of the way and let's move forward. [post 2 of 2]
6-4-2014 Newshound Guru Enorrste Article: "Zamili: The bylaw of the National Alliance will be passed within the next two days" This article is unfortunately offset by others today including the one in which Maliki himself announced that he has 175 votes, more than enough to return him to the PM slot. It appears, at least at this point, that KAP [Guru Kaperoni] was right when he said that Maliki would "whittle away" at the other small parties until he was able to create a new majority. From the sound of his own statement, he has done this, and will announce the new government alliance, led by himself, in a few days. [post 1 of 2....stay tuned]
6-4-2014 Newshound Guru Kaperoni Article: "Maliki: political majority to form a government are realized by 175 votes secured" Whether this is true or not is not important..the stage that Maliki is setting is. He has always said he is the only one for PM and only he is the one that can do the job. By starting this talk he is creating doubt in the other blocks solidarity and one by one they tend to lean back to him as time passes and delays become an issue. My money is on Maliki continues to squat till he gets his way.
6-4-2014 Newshound Guru Millionday the way that a reality rate is calculated states what it would be -- that is why the dong is not the same as the euro -- usd -- etc and they are not the same as each other -- they are calculated in their country and that is the calculation and how the rate is calculated will be the result of the rate -- its not just the gdp but that is the most of it -- how it is backed as well and there are few other things that go with the calculation and how the rate is calculated will be the result of the rate -- rates are all different and it goes by each country...at this time we do not know the rate or the date.
6-4-2014 Newshound Guru Kaperoni Article: "Central Bank and the Bank of the economy discuss the procedures and mechanisms that will be adopted to improve the performance of the bank" at least 5 times in the 2013 Article IV Consultation the IMF stated that the CBI should look towards accepting Article VIII. That was well over 15 months now. As well, the TIFA agreement signed in March 2013 stated "freedom of movement of capital" by the end of the year (meaning 2013), so this is not a long ways off IMO. The CBI will make the move soon. As for a timeframe of compliance, we can only hope it is short (few weeks), but I have seen somewhere in a report on the IMF website a statement referring 90 days. That was not directed specifically at Iraq but was talking about maintaining stability of the exchange rate. So IMO, Its 90 days or less once in compliance (if they maintain it). this article...is very compelling to support this theory.
6-4-2014 Intel Guru TerryK IM HEARING THAT CHINA HAD A BOND THAT MATURED LAST NIGHT AND THATS WHAT THE IMF HAD THE ORDERS TO HOLD ON...SO MAYBE TONIGHT WE MIGHT BE ROCKIN...WE ARE PRIME FOR THE RV, WHAT IM BEING TOLD. JUST KNOW THAT IT IS TO HAPPEN PRIOR TO THE 10TH. THAT'S COMING FROM A TIGHT SOURCE FROM DC.
6-4-2014 Intel Guru MarkZ Zero negative news today [Tuesday], ALL news has been good! Things appear to be solidly on track. 6-3-2014 Newshound Guru Aggiedad77 [referencing Frank26 post 6-3-2014 below] I'm thinking that this is incredible news. The two governments could be meeting and talking about anything...BUT add to that meeting one single solitary individual...someone who is not tied to the government of either entity sitting at the table...the one man in charge of the Central Bank of Iraq...put him in the same room with "these two" governments and that gets the juices flowing...this meeting...needs to trigger your excitement and anticipation of good things to come.
6-3-2014 Intel Guru Frank26 AT THIS VERY MOMENT IN BAGHDAD A HUGE MEETING GOING ON WITH A FULL DELEGATION OF REPRESENTATIVES FROM THE US GOVERNMENT AND A FULL DELEGATION OF THE IRAQI GOVERNMENT ALONG WITH THE GOVERNOR OF THE CBI TURKI...THEY WILL NOT TELL YOU OF THE INTENT FOR THIS MEETING UNTIL A NUMBER OF DAYS FROM NOW...[GURU] DELTA CALLED THIS INFORMATION IN TO ME AND IS LISTENING AND TAKING NOTES OF THE MEETING...TIMING OF THIS MEETING IS OF VITAL IMPORTANCE... IMO...We may hit one over the right fence tonight!!!
6-3-2014 Newshound Guru Aggiedad77 Article "Maliki: implicitly 175 votes and achieved the majority needed to form a government" I promised you that Maliki was not down and out...I believe he has learned the stealthiness of most wary of cats...in the dark of the night he has amassed this following...he wants to get the government formed quickly. Article: "Maliki: we have achieved the necessary majority to form a government" Maliki spoke to Iraqi citizens on national television to announce he now has 175 seats of Parliament supporting him...Maliki claims that his opponents are seeking to install a weak PM that will allow certain blocs to pass laws that will not be contested by anyone, such as Maliki now...
6-3-2014 Newshound Guru Millionday [in your opinion can the reality rate be set before the ISX goes live?] yes, the reality rate should be set before they go live because the largest product they have is the dinar and the price index would only make sense in trading shares with a fair market value...this is to be live by the end of june and ready in the middle of this month... they are going global according to what they are reporting.
6-3-2014 Intel Guru Frank26 [this is all coming together at last!] Indeed it does seem so Friend...Always keeping in mind that the Minds of the Middle Eastern World run on a very slow clock. Incredibly...Their famous procrastination slows and bends time warping it into frustration for us! Einstein would be proud of them.
6-3-2014 Newshound/Intel Guru BGG I think the main reason for all the "pro-Maliki" spin in the market place right now are the vast fortunes he's spending on advertising...as far as he's concerned - this is still his "election cycle". I won't count him out - but he's not nearly as "well off" as some...are reporting.
6-3-2014 Newshound Guru chattels for the Kurds the budget is too entangled with the formation of the new government to stand alone for a vote. IMO, we will not see a budget until we see the next government. [so if we do not see the budget till the next govt...can we still have the RV without the budget? seems they have to have that new rate in place to put it in the budget...is that right?] i have never subscribed to the notion that the budget was awaiting the rv'd rate or would reveal the new value.
6-3-2014 Newshound Guru Millionday [If the reality rate appears at say .86 or 1.13 will it be exchangeable at that rate world wide instantly or just in Iraq?] it will be the exchange rate that you would get as if you were traveling and will be global. [Are they still waiting to see who the next PM will be before RVing?] i have not seen that they are waiting for the PM to be named for anything economical...i dont see that they are waiting for anything in ink -- i dont even see according to the statement by the gov of CBI, Turki that they are waiting on the budget so without anything in ink or by press statement -- i cant say that they are waiting on anything...we dont have the date but they seem to be saying that they are working on moving iraq to a market economy. 6-2-2014 Newshound Guru Kaperoni Since almost 100% of the countries income is in USD, the budget is in USD and converted to Dinar for funding purposes. Salary increases have nothing to do with exchange rate and no, there is no RV hidden in the budget.
6-2-2014 Intel Guru DC Are there people that would like to delay this? Yes, but they have gotten to the point where people are saying enough is enough. It is on a day to day basis right now. [Iraq debt with the DFI funds, they had 10 days, is that extended? Have they paid them?] My understanding is yes. I know that more than one country got paid at the new rate & the rest real soon.
6-2-2014 Intel Guru TNT Tony Not a lot of news today but today is a superfantastic day. In Iraq, the GOI is announced all except 1 major position. [Could it happen anytime?] Yes. I believe it is really, really soon. It's on track. We are absolutely close.
6-2-2014 Newshound/Intel Guru Eagle1 When the actual exchange value of the IQD or the VND (just to name two popular examples) is released, I believe that many folks will be both astonished and pleased. ...Acting Governor of the CBI, Abdul Basset Turki...two years ago...said (and I'm paraphrasing him), "When the public sees the release of the actual value of the Dinar, they will be shocked!" Over this past weekend, we have seen more than a dozen currencies go through some pretty radical changes behind the scenes. While those changes are not yet reflected on the FOREX sites we see, we believe that these changes portend an imminent public release since they are a part of this overall Global Reset. We really are near the end of this ride! [post 3 of 3]
6-2-2014 Newshound/Intel Guru Eagle1 We have a two-step process in the works. The first step is what the international banking community is referring to as "a general RV." This amounts to a first-stage release of all of the major revaluing currencies, among which we all know includes the IQD, the VND, the IDR and a fistful of others which are increasing in value. The second stage is what we refer to as the Global Currency Reset. We call it a reset because it amounts to a restructuring of currencies based on real value, backed by gold and other tangible assets or commodities with real, exchangeable value...the IQD is the "base currency" for this process. Because the Dinar is the only 100% gold-backed currency in the world, it becomes the lynchpin for the "general RV" and the GCR. [post 2 of 3....stay tuned]
6-2-2014 Newshound/Intel Guru Eagle1 Many things are taking place behind the scenes which lead us to the inescapable conclusion that we are actually seeing the unfolding of the Global Currency Reset. This is a process...it is not a simple push of one button. There are -- based on my sources -- not less than twelve individuals who are directly involved in the process whose approval is required and is sequential to the final release to the general public. [post 1 of 3....stay tuned]
6-2-2014 Newshound Guru Aggiedad77 Article: "UPDATE 2-Iraq threatens legal action against any buyer of piped Kurdish oil - Reuters" It is odd that Maliki and his government is making such noise against the Kurds at this point...seems to me that if he was attempting to court their alliance with regard to the recent elections...he might be making "concessions" instead of threatening suits left and right over what the Kurds have done with their oil...I honestly believe it is not the Kurds intention to renege on the percentage of the revenue that is due to be passed back to the GOI...what is lacking totally in this equation is simply a matter of trust by either side...none...NADA...petty children's games being replayed by adults.
6-2-2014 Intel Guru MarkZ Things are looking GREAT...there is no need to worry. [are you feeling very strongly that this is our week? like early this week?] I FEEL great. [Are you still. Feeling good about by June 15?] yes...
6-2-2014 Intel Guru TerryK I WAS ADVISED...10 LAWS WERE PASSED THIS WEEKEND IN IRAQ...10 IN ONE DAY. A LOT HAS BEEN GOING ON AND I AM BEING TOLD THAT THIS IS TO GO DOWN TODAY AND WE SHOULD SEE IT TOMORROW. I HAVE A NEW RATE... 9.23. TREAT THIS AS A RUMOR.
6-2-2014 Intel Guru Mnt Goat Two major, major events took place and both very significant for us dinar holders. The signing of the final paperwork for Iraq to enter the WTO and the amendment to EO 13303 freeing up the assets of the CBI, now no longer under sanctions within the USA. It is my strong feeling we are looking at possibly around mid July towards the end of July before we see the announce of the fully, functional, stable government. I do not expect to see any IQD revaluation international until just prior to or after the announcements of the new government line up. This I believe has to happen and this I believe will be the grand finale. I certainly hope it all happens prior to this date. [post 2 of 2]
6-2-2014 Intel Guru Mnt Goat Maliki is simple not getting the support he anticipated. What I cannot understand is how some can still cling to the notion that Maliki has won a 3rd term as prime minister already. I do not expect that Iraq will take 5-6 months to form this new government as in 2010. This government should be formed quickly since they have been planning for this since 2012. [post 1 of 2....stay tuned]
6-2-2014 Newshound Guru Kaperoni Article: "Concerned : non- adoption of the budget is causing economic recession" Quote: "that under the current circumstances make it difficult to control the exchange rate of the dollar due to the central bank to pump large quantities of hard currency to the money transfer companies." ...until they open the banking system to the world, these banks are nothing but currency dealers...and now we see through this article, that business may be in jeopardy as a result of allowing money transfer companies to go direct to the CBI. This may be more than just the reduction of the spread (Official Rate/Market Rate), but the indication that the CBI is planning to move to Article VIII much more quickly that we may have thought so these banks can do real business!
6-2-2014 Newshound Guru Millionday this is huge and is titled the FUTURE ...from the economic plan for Iraq. Quote: "...oil revenues the focus of the subject and present certainly which is expected to reach 5 trillion dollars in the course of the year 2035, according to estimates..." ...Iraq is depended on entirely for the new energy market with their reforms and also the global energy changes. this...tells us the huge position that Iraq will hold in trade and of course economic resolve for the globe. they are stating at this time that the change that Iraq represents is huge for all of the globe and of course for them as well -- during the massive press conferences they have informed the citizens of what is to come and they have also now informed it would seem the globe that they are in a hurry...
6-2-2014 Newshound Guru Aggiedad77 Article: "Kurdistan: Maliki rejected all initiatives put forward to resolve the dispute oil" There are many points to this article....but basically with the exception of one point...it is all old news.....the new point is that the Kurds are accusing Maliki of being the one to cause the budget to be postponed until after the elections...this is not some effort of other blocs....primarily believed to have been Najafi's delay tactics...it really doesn't matter, the fact is they have sat on their hands for almost 2 months now and haven't done anything or made any attempt to even look at the budget...meanwhile oil flows out of the Kurdistan and is going overseas to Europe.
6-2-2014 Intel Guru Jester THIS IS A HUGE UNDERTAKING AND THEY ARE NOT WAITING ON ONE THING...THAT IS NOT THE WAY IT WORKS...THERE IS NO ONE THING THAT WILL TRIP THE TRIGGER... WELL SOME DAY THERE WILL BE ONE THING LEFT BUT...THERE IS A SERIES OF EVENTS THAT HAS TO HAPPEN TO MAKE THIS THING WORK RIGHT...AND THAT IS WHAT THEY ARE DOING...IS IT TAKING LONGER THAN THEY THOUGHT...YES...IT IS TIMING AND POLITICS.
6-2-2014 Intel Guru WILDDUCK TIME WILL TELL AND THIS HAS BEEN THE BIGGEST DISINFORMATION WEEK I HAVE SEEN SINCE I GOT IN THIS...LIKE I ALWAYS SAID THIS WILL LIMP INTO VIEW 6-1-2014 Newshound Guru Millionday [they've said many times they were ready to pass the budget. What's different this time? I feel like they're the boy crying wolf.] they are saying that they will have the budget done and ready before the 14th of june. they need money to move forward and have made it very clear that the only way to get it is to push forward the budget and tariff taxes. [Projects still going on line tomorrow (June 1st)?] the projects are supposed to begin by...the 1st of june per order of the UN -- i dont know if they will, but the order was in ink. [post 2 of 2]
6-1-2014 Newshound Guru Millionday [Are they doing the budget now and monetary reform along with deleting the zeros in june?] they are doing the budget now and laying it out with the five year plan and the final accounts from 2013. they are calling to move forward with budget and also the vote for the budget is ready but had lack in quorum...they can pass it with majority and told the citizens they were going to -- so again they keep contradicting what they say and of course when they will be done. [post 1 of 2....stay tuned]
6-1-2014 Newshound Guru Aggiedad77 Article: "The appearance of Mohammed Saleh: central bank's measures will not lead to the stability of the exchange rate of the dinar against the dollar" Dr. Mohammed Saleh is quoted as saying the act by the CBI to allow money transfer companies to buy the dollar without any middle bank being involved will not lead to stability of the dinar against the dollar...he says that this action will surely reduce the transaction costs but will not be seen as a solution...he claims the solution would be to meet the needs of the foreign currency market...he says the action by the CBI will succeed in lowering the price of the dollar.
6-1-2014 Newshound Guru chattels i do believe that the outcome of the PM vote / selection will surprise us, but unfortunately for me that element of surprise does not rule out Maliki.
6-1-2014 Newshound Guru Kaperoni I just want to see gradual appreciation of the dinar based on the economic progress...as the economy grows, so does the dinar. If they implement this "deletion of zeros" it might not be what we want! I would rather see the dinar rise gradually and be assured that the we will eventually see significant returns on the dinar then take a chance on some overnight event that may not end up as we want it to...there is no way to know with absolute certainty that any overnight event would benefit us. But a gradual appreciation of the dinar based on the Balassa-Samuelson effect will! I want to see them raise the value gradually, and when it is 1 to $1 or about, apply the Law of Indebitness to correct all accounting and financial records.
6-1-2014 Newshound Guru Enorrste [At 1187 CBI rate, 1210 is exactly 2% spread, so I dare say we're compliant, folks.] The only numbers we need to concern ourselves about are the numbers that the IMF is using. Speculation on this matter is interesting, but not highly productive. In the end, when the IMF sees that Iraq is in compliance, then we will see our opportunity. Until then, however, we are all just hoping. Unfortunately, I don't know just how the IMF looks at this. We have 1166 and 1179 and now 1189 as potential "official" rates. Unless the IMF accepts 1189, however, we may still be a way off in getting in the "compliance" that they are looking for.
6-1-2014 Newshound Guru chattels ...anyone who says that it has to happen on or before this date and /or because of this, that or the other, has been WRONG. this event is far too important to be PREDICTABLE. this event is a matter of national security for Iraq, nobody is supposed to know, even Dr. Shabbibi said that he DID NOT KNOW. Shabbibi also said that if he did know that he could not say.
6-1-2014 Newshound/Intel Guru BGG based on what I hear from my contacts (not various other researchers or Gurus) I am very encouraged about the state of our investment. I will say this - no matter who is "elected" or what the various twists and turns - it is unlikely we'll be at this for much longer.
6-1-2014 Intel Guru TD The CBI has been asked to let things form & stabilize before any major monetary policies are executed. While the CBI is autonomous in theory, there is inter dependance among the executive & legislative branches. Don't be surprised to see announcements regarding deletion of the zeros project, IMF & WTO compliance issues, international capital & investment banking reforms as targets of programs to roll out in 2015. This is Iraq and a snails pace of "things to do" hasn't changed one bit. June, which was stated previously as a month of goals & actions will come & go without enactment of anything major relative to the dinar, it's rate or status. [post 2 of 2]
6-1-2014 Intel Guru TD I'm told there's much to sort out & put in place with the new government. Key positions of political players being fought over. The Kurds are waiting to see if coalition power will be in their best interests. They have expressed to everyone that they are in a "wait & see" mode and only THEY will decide the best interests of their future. Coupled with this is Parliament who also has various laws still to enact to move the country into a market driven, international platform of investment & trade. [post 1 of 2....stay tuned]
6-1-2014 Intel Guru Jester I WAS TOLD EARLIER TODAY IT COULD BE IN THE NEXT 10 MINUTES OR THE NEXT 10 DAYS... NOW KEEP IN MIND HOW THINGS CHANGE... BUT RIGHT NOW THAT IS WHAT I AM HEARING.
6-1-2014 Intel/Newshound Guru Poppy3 HAVEN'T THEY PUT IN INK THAT THEY WILL HAVE A ISX TRADABLE CURRENCY IN THE MONTH OF JUNE OR THE MIDDLE OF 2014...WE ARE THERE...SOUNDS PRETTY SOLID TO ME. THAT WAS SAID SEVERAL TIMES BY SEVERAL PEOPLE IN THE CBI AND GOI.
6-1-2014 Intel Guru Bluwolf ...monies have been loaded in all world banks, we are basil 3 compliant and so is the rest of the world, we are just waiting for the 800# now. There are no restraints or delays...Expect to be surprised at any second. Imo there will be a new PM in Iraq and as soon as we see the results officially then it must go internationally immediately as a sovereign nation with its full values in its currency.
5-31-2014 Intel Guru Okie_Oil_Man ALL THE NECESSARY ARRANGEMENTS ARE NOW IN PLACE FOR OUR BLESSING TO OCCUR. WE WAIT NO LONGER---EVERYTHING HAS BEEN ACCOMPLISHED AND WE ARE VERY FORTUNATE TO BE IN THIS EXACT TIME AND PLACE. I FORGOT--ANYONE REMEMBER PATSY CLINE SINGING---I GO OUT WALKING AFTER MIDNIGHT? I HOPE YOU UNDERSTAND WHAT I JUST POSTED. [post 2 of 2]
5-31-2014 Intel Guru Okie_Oil_Man THIS MORNING IT APPEARED THAT WE WERE IN A LESS DESIRABLE PLACE THAN WE ARE NOW. AS THIS DAY HAS PROGRESSED THE ELEMENTS INVOLVED HAS CHANGED RAPIDLY AND ALL FOR THE BETTERMENT OF EACH OF US. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru Dinar Wishes what I am about to tell you is the truth, and nothing but the truth!!! So Help Me God!!! This game of chance we are all apart of is crumbling because certain things needed for every country to be Basil III compliant are not being fulfilled by those in power to make this happen… I know this to be fact…If we do not have the gold to back our currency then we will not see any benefit to the RV in our country…I have personally been involved with those who have, and are trying to help us to be Basil III Compliant and they are intending to pull out the Gold backing…They feel it is the only way to move the process forward …Unfortunately if that does happen then the Dollar will lose all value outside of our country… not all at once but it will be significant…End result no American RV.
5-31-2014 Intel Guru Okie_Oil_Man BECAUSE OF PAST UNFULFILLED PROMISES MADE HIM, LET US HOPE THIS IS HIS PLOY OR PLAN TO FORCE THE ISSUE OF HONORING THE CONTRACTS THAT HAS BEEN RENIGGED ON. IN WORST CASE SCENARIO PLANS HAVE BEEN MADE TO SUBVERT THE USA AND INITIATE THE GCR AND R/V IN ANOTHER COUNTRY. WE WILL STILL RECEIVE OUR FUNDS REGARDLESS OF WHETHER THE UST, THE USA GOV, THE IMF, THE BIS, POTUS, SEC OF TREASURE STILL REMAINS RELUCTANT OF PERMITTING THE PLANNED FINANCIAL OCCURRENCES TO TRANSPIRE. THE TIME FACTOR FOR US AS INDIVIDUAL'S IS THE UNKNOWN QUANITY IN THIS SCENARIO THAT IS PLAYING OUT RIGHT BEFORE OUR EYES PRESENTLY. [post 2 of 2]
5-31-2014 Intel Guru Okie_Oil_Man THE SIGNATORE RESPONSIBLE FOR INITIATION OF THE R/V HAS BEEN FALSELY PATRONIZED IN THE PAST. HE, AS A RESPONSIBLE REPRESENTATIVE HAS WITHDRAWN HIS AUTHORITARIAN POSITION FROM THE AGREED TO CONTRACTS BECAUSE OF FAILURE AND BREACH OF CONTRACT HE HAS BEEN LABORING UNDER FOR QUITE SOME TIME. YES IT IS TRUE HE REPRESENTS THE VAST GOLD BULLION NECESSARY FOR THE FUNDING OF THE GCR AND R/V. [post 1 of 2....stay tuned]
5-31-2014 Newshound/Intel Guru Flashing According to the rumors that I have received everything is excellent for us. The pending items for the release of the rv should be resolved after mid June and then we should see the RV between the last week of June and first of July. These pending items are of political, economic and financial kind.
5-31-2014 Newshound Guru Millionday [do they even NEED a rate for isx or could this go on forever?] they absolutely without a doubt need a reality rate for the isx and the world market. they have stated that is the middle of the year 2014 they are planning to move to a market economy and that requires a reality rate. they have stated that they will be selling [bonds] as well and that they will be on their markets and also a provincial and government tool for funding projects but CBI stated that they would not give out local or federal funds until the budget is passed and that is supposed to be within two days according to the UN. [post 2 of 2]
5-31-2014 Newshound Guru Millionday [can u...explain if the budget has to be passed for the rv to take place...?] no the budget does not have to be passed but i can not tell you if they plan to have it done at the same time they set the rates due the value change that will happen with the redenomination. the UN gave a deadline of the 1st for the in country projects to begin and have ordered that timeline due to the constitution and the needs of the citizens ---- so they are supposed to be in a huge hurry with the budget so they can meet the timeline. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru MarkZ This is a PROCESS that is moving surprisingly well. Not sure if we can still squeeze it in before the end of the month but it is still possible. It could take weeks more at best. [are we reliant on GOI or CBI to take specific action?] yes and no, we just need them to say their lines when it is time which is NO problem at all. They are past ready. [Do you still feel we are very close, such as this weekend?] Very close. This weekend would require an enormous amount being accomplished in short order though. [Whats the word on the VND...?] It looks awesome. I wish I had spent as much on it as I did dinar. [post 2 of 2]
5-31-2014 Intel Guru MarkZ [the...post (Backer of "Global Banking Reset" Pulls Out Over Political Bickering) is smoke IYO?] I will sum it up by saying I am not at all worried. PERIOD. I do not have all my old notes so I may miss a date or a number but here are the basics. The 'Gold treaty' was signed about a year ago by all 188 participating countries. Last March 21st if memory serves me, now all we have been waiting on is it's execution. The best way I can put it and not over step my bounds is to simply say it is NOT relevant to the completion of the event. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru Jester [A post...stated that the main backer of gold for the GCR has backed out?] YOU GUYS KNOW THE TERM SMOKE AND MIRRORS... SO THAT MIGHT BE THE BEST WAY TO DESCRIBE SOME OF WHAT IS GOING ON IN MY OPINION... [Jester could something like that even happen at this stage of the event...?] IT IS POSSIBLE... BUT I AM NOT SO SURE WHY THEY WOULD TRY SOMETHING LIKE THAT... I DO NOT THINK IT IS SOMETHING YOU SHOULD WORRY ABOUT AT THIS TIME...AND THE WORD I HAD LAST NIGHT IS... IT COULD BE 10 MINUTES OR IT COULD BE 10 DAYS... BUT IT IS RIGHT HERE...
5-31-2014 Intel/Newshound Guru Poppy3 (SOURCES)...ARE ALL EXCITED BUT AS I HAVE TRIED TO WARN EVERYONE...THESE HOT RUMORS WILL GET FASTER AND MORE FURIOUS THE CLOSER WE GET. THINGS IN GENERAL ARE AWESOME SOUNDING NEWS BETTER THAN EVER... I SUSPECT WHEN TURKI AND THE FINANCE DIRECTOR FROM PARLIAMENT MADE THE STATEMENTS BACK IN JAN., FEB. THAT THEY WOULD HAVE A INTERNATIONAL TRADABLE CURRENCY BY MID 2014 THEY ALREADY KNEW THE TIMING AND THE PLAN WAS SET INTO MOTION. WE ARE GETTING TO MID YEAR VERY FAST. 5-30-2014 Intel Guru TNT Tony [via Adept1] It was a very hectic day. We started last night – yesterday we were excited and Wednesday, thinking we would have the 800 numbers and everyone would be at the banks this morning…which did not happen. If you hear some negative stuff, some of it might be true, but supposedly things are worked out to our betterment. Contract rates are still there, international rate is still there. They are trying to stretch it out to the first…it went last night up to a point, and once again it was stopped by the same people. Things could still pop up tonight.
5-30-2014 Intel Guru Mnt Goat we are hearing strongly now that the plan by the USA to put Maliki in for a 3rd term has been spoiled. But we will not be certain until the final announcements are made early next week. Seems there are still some “real” politicians left in Iraq and they are fighting with great fortitude so Maliki will never have any part in the Iraq government again. It is taking a bit longer but they are winning the battle...It may take a bit longer for us to get our RV but it will be worth it to see Maliki gone. Remember I said we will not see any RV to just before or just after the announcement of fully formed, stable, functional new government. Dr. Sinan Al-Shabibi an Iraqi economist who served as the governor of the Central Bank of Iraq has also said this many times, as it was part of his currency restructuring plan and still is.
5-30-2014 Intel Guru Frank26 [Guru Delta] is like a little kid right now filled with excitement for the progress he is understanding. He gives me Time Frames, NOT Dates Normally. But the 20th is not an IR day (International Rate) it is the fulfillment of art. 8 We seek. He just wishes Iraq would stop using the same old speed...Neutral. Yet neutral allows the WB [World Bank] and soon some more Powers to PUSH them further into article 8 compliance of IMF. It is not that Iraq is lazy...They just waste so much time arguing. An embarrassing and shameful waste of productive time it is! But even at 2 STEPS forward with 1 STEP backward as their political cadence march...They will eventually get to an IR.
5-30-2014 Newshound Guru wmawhite [does the rate need to be [in] effect before the ISX goes live July 1st?] it appears there are several events on the horizon that must have a true exchange rate in place. [Are they a long way from article 8?] honestly, just like this past week, there are dominoes dropping that we are unaware of until after they hit. there are so many events happening that are happening because the CBI is preparing to change the rate of the IQD. these events have never happen before in this investment. It is truly a great time to be at...the facts indicate that a group of people we do not know will make major changes to the IQD at some point in the future. If it was to be at some distant time, why are they doing what they are doing today? I seriously believe that this could happen at any moment...we have never been to this point before... [post 2 of 2]
5-30-2014 Newshound Guru wmawhite just as the amendment to EO 13303 indicated...the asset of the CBI (the IQD) had prohibitions on it prior to this week. That doesn't change the fact the the IQD is Iraq's currency. However, until this week even if our banks wanted to recognize it they could not. today we can buy and sell the IQD based upon some one value...that is not an international exchange rate determined by the CBI. when a country's exchange rate is determined it is accepted by other countries...that is not the case with Iraq...YET...instead, the IQD is not used in international commerce...instead, anyone can decide what they may buy or sell it for. [So how did the banks deal with dinar 3 years ago. If it had no value?] the IQD was the same has buying a toaster at Wal Mart... they sold the IQD the same as it they were selling silver eagle dollars. [post 1 of 2....stay tuned]
5-30-2014 Intel Guru WILDDUCK IF THAT IS THE CASE THEN LETS ASSUME THAT CL [CHRISTINE LAGARDE] DID HER JOB LAST NIGHT AND IT WILL BE 24 T0 48 HOURS FOR THE GCR TO CALC IN...THEN ARE FINALLY DONE. IMO THERE IS NO DELAY. THIS FITS WITH OLD VIDEO YOU GO TO SLEEP SATURDAY NIGHT AND WAKE UP WITH NEW CURRENCY VALUES. RV THEN GCR, THAT MAKES LOGICAL SENSE AND WE HAVE BEEN TOLD IN THE PAST THAT IS THE WAY IT HAD TO GO...WE ARE IN A GOOD SPOT. [post 2 of 2]
5-30-2014 Intel Guru WILDDUCK THIS IS A PROCESS AND THIS IS WHERE I THINK WE ARE…THE INTEL HAS FLOWN HOT AND HEAVY THE LAST 2 DAYS AND YESTERDAY NOON FOR SURE. LET'S ASSUME FOR A MOMENT THAT RV OCCURRED ON TUESDAY AFTER THE HOLIDAY HERE LATE AFTER NOON AND TOOK 48 HOURS TO PROCESS AND DURING THAT TIME 13303 WAS RESCINDED TO ALLOW FULL WTO MEMBERSHIP AND OTHER THINGS. SO THAT BRINGS US TO LAST NIGHT. LET'S THEN ASSUME THAT YOU HAVE TO HAVE AN RV BEFORE YOU CAN HAVE A GCR. [post 1 of 2....stay tuned]
5-30-2014 Newshound Guru Kaperoni CBI Announcement 5/29/2014 Quote: "Companies can buy dollars directly from the CBI by (cash or transfer)" This is a significant step for the CBI to get in compliance with the IMF...its a good step, now we need to see results. If these money exchangers/currency traders start participating, we should see the Market Rate start to drop soon...1200 or about the magic number. Don't overlook that parliament has not passed any laws nor is their a new GOI formed. But I sure can't wait to see the letter to the IMF from Turki requesting the move from XIV to VIII. [in your opinion does the CBI announcement have any connection to the TIMING of the recent revision of the Presidential EO?] None what so ever, the CBI has been told to liberalize the foreign exchange for two years.
5-30-2014 Newshound Guru Aggiedad77 "Almost a consensus within the National Coalition to exclude al-Maliki for a third term" The opinions are abounding and resounding against considering Maliki for a third term as is evidenced in this article and a consensus taken by the National Coalition...at this point one might start to wonder...where will Maliki's strength and support come from...don't forget that money has a way of talking...and making former lines in the sand disappear.
5-30-2014 Intel Guru EXOGEN CL [Christine LaGarde] et al have accomplished the mission. Banks are projected to show live rates within 48 hours. Algorithms for reset implemented. Cannot be stopped. Numbers are changing on screens. LaGarde has accomplished her mission. Rates projected to show live on Forex- we will be in banks in 24-48 hrs.
5-30-2014 Newshound Guru Stryker The delete zero project started July 1, 2011 when Dr. Shabibi, the then governor of the Central Bank of Iraq, announced that the CBI had all the tools to start the project. More dollarization was implemented to remove dinars from circulation. It has been postponed two times since then but now I believe we are heading to the final stretch. Can there be another delay, sure but signs show that Iraq is ready to move forward. [post 2 of 2]
5-30-2014 Newshound Guru Stryker I believe we are in the final stretch of this adventure of ours and here’s why. Obama releases all Iraqi’s assets back to the Central Bank of Iraq, not the GOI...Executive Order Amendment...This means that the CBI can use these assets, properties, etc. to back their currency since they are in charge of the Monetary System of Iraq. The Central Bank of Iraq’s head man Abdul Basset Turki says that all measures will be in place by middle of the year and he will not hesitate to implement to delete the zeros project as long as the situation politically and economically is right for the country. [post 1 of 2....stay tuned]
5-30-2014 Intel/Newshound Guru Poppy3 ...THIS WAS DONE ASAP. IT HAD EXTREME URGENCY BEHIND IT AND WAS BEING PUSHED BY THE IMF, WORLD BANK AND CBI. WITH THIS BEING SAID...THREE PEOPLE TODAY...TOLD ME THEY ALREADY KNOW WHO THE NEW PM IS GOING TO BE AND THEY ARE PLANNING TO ANNOUNCE THE RV WITHIN THE NEXT FEW DAYS, POSSIBLY WITHIN THE FIRST WEEK OF JUNE, IF THE NEW POSITTIONS ARE ANNOUNCED AS PLANNED. [post 2 of 2]
5-30-2014 Intel/Newshound Guru Poppy3 all new is good news -- THINGS WHERE EXPLAINED TO ME TODAY about the 13303 being extended on the 22nd was decided to happen two weeks prior to the deadline. It was conveyed to Obama and the administration that under the 13303 law as written the banks and the IRAQ CBI would never be admitted to the WTO as FULL MEMBER BECAUSE THE law AS written would prevent all word banks, including the USA banks, from being able to trade with IRAQ and would prevent any DINAR exchanges. Immediately they started writing an amendment to the LAW and when they didn't get it completed in time they then had to extend it until the amendment was complete...at which time Obama signed an executive order to put it immediately into law so the BANKS COULD MOVE FORWARD. IT AUTOMATICALLY GIVES OUR BANKS LEGAL RIGHTS TO NOW EXCHANGE OUR DINAR WHEN THEY ANNOUNCE THE NEW VALUE. [post 1 of 2....stay tuned]
5-30-2014 Intel Guru MarkZ I have been told by a source I firmly respect that CL [Christine Lagarde] has handed it off to be completed and she is not a hindrance. I believe there are many who want to stop it, I do NOT believe that they can now though. [the end of May is wrapping up...Sooooo?] Sooooo I think we are close...I still think we may make it. I did have one government source today saying it may take until the 6th or 7th though...possible we still can make this week. [post 2 of 2]
5-30-2014 Intel Guru MarkZ "We" meaning a lot of intel people have been asked to not be too vocal and to not rock the boat while this thing finishes. That being said I want to reassure you all that the news is good and I do believe we are very close to the finish line. [we've been down this road of "don't rock the boat" about a dozen times so do you believe we are NOT being strung along AGAIN?] This time it is totally different people asking for us to keep every one calm. This time the people I consider to be the 'good guys' are asking. [post 1 of 2....stay tuned] 5-29-2014 Newshound Guru Kaperoni CBI Announcement 5/29/2014
Quote: "Companies can buy dollars directly from the CBI by (cash or transfer)" It looks like after a few months of telling us that money transfer companies were going to be allowed to participate in the auctions, they are now finally going to let that begin. This will IMO reduce the spread and get them in compliance with the IMF. I would guess in short order. Very good news.
5-29-2014 Newshound Guru wmawhite there are two parts to the admended EO 13303...the first part is directed towards the GOI. The second part spells out the lifting of the prohibitions of the CBI.. HUGE News! [does anyone think it will make news or some sort of confirmation that these funds have made it back into iraq?] the CBI has been referring for weeks about these funds already being in their possession.
5-29-2014 Newshound/Intel Guru BGG [what else does Iraq need to do in order to be included into the WTO other then an international currency?] I don't think the WTO matters much to us (other than being a good step towards being included in the world economy)...I have never said the Dinar needs to be or is conditional to WTO entrance.
5-29-2014 Newshound Guru Tlar With all economic indicators that one would use to value a currency today, Iraq could launch their currency even higher than $2.00 but my gut feel is they will be conservative in the beginning for both their safety and the global economies safety choosing to not try to milk the last dollar out of this change. Truth is that is just a guess. Deleting the zeros is an all encompassing statement. Anything 86 cents or above qualifies under this statement. Deleting the zeros (86 cents) may not mean stopping point that I have believed it was, but may be a starting point at a any value greater than 86 cents that Iraq decides to make their currency. Turki said he is ready. Turki said he would do itr today if the government situation were settled... [post 2 of 2]
5-29-2014 Newshound Guru Tlar The Imf will undoubtedly let Iraq use some portion of the oil production to back their currency. This is why I believe Iraq could come out higher than my original estimate for the last couple of years at 86 cents. This is partially why I now believe we could see $1.50 - to $2.00. In 2008 when they did the strategic study that concluded that Iraq could support $1.13 they were producing approx 1.5 mbpd and the reserves were less that 40 billion. In Nov 2009 when the Forex's started to change in Europe showing the dinar at $1.49 all night, the reserves were less than 50 billion. [post 1 of 2....stay tuned]
5-29-2014 Newshound/Intel Guru BGG [Are you confident M is gone?] we already know - just a matter of time till THEY KNOW IT. Maliki is living on borrowed time and doing all he can to s-t-r-e-t-c-h it out.
5-29-2014 Intel Guru DC IMF, UST, UN, bankers...literally just waiting...it is my understanding all are on lockdown again. It was supposed to have been this weekend but the US asked it to be pushed past Memorial day for numerous reasons. It is now being ramped up again. Power players in Iraq are expecting this to go quickly and security is extremely tight right now & on phone black out. UN folks are ready for the actual RV. The DFI funds were released...some segments still under protection but were released. [Are we still on track for the end of the month.] Yes. [Is the dong still in the 1st basket? over 1.00?] Yes, I believe so but don't be surprised if it changes. Everything looks really good and extremely optimistic.
5-29-2014 Newshound/Intel Guru BGG [I think i can wait one more month!] You may not have to - the way the "amended 13303" and revision were worded is very telling... (to me).
5-29-2014 Newshound Guru Millionday I HAVE TO SAY FOR AN EXECUTIVE ORDER TO BE FOR IMMEDIATE RELEASE THAT MEANS SOMETHING FOR SURE TO ME -- THEY ARE MEANING RIGHT NOW.
5-29-2014 Newshound Guru wmawhite OFAC [Office of Foreign Assets Control] acts under Presidential national emergency powers, as well as authority granted by specific legislation, to impose controls on transactions and freeze assets under US jurisdiction. Now it was OFAC that published the amendment to EO 13303. Therefore, the assets of the CBI are no longer under sanctions within the USA. The importance here is that if OFAC prohibits a country, our banks are unable to do business with that country. Now, OFAC is stating that all sanctions are lifted as to the CBI. [so the sanctions being lifted means our banks can now deal with Iraqi dinar?] if a bank chooses to do so. [it seems this was a big issue to overcome to see MR occur for this country? Am I on the right track?] One of the biggest for us to exchange the IQD within the USA.
5-29-2014 Intel Guru TNT Tony Its a great day in Dinarland. I can't tell you why it did not happen but everything good right now. The DFI has been released and if that has been released then you should know what's really going on without going into any depth with it...it's a great reason for us to be excited. There was a little bit of turmoil yesterday, one hell of a roller coaster ride in the last 24 hours but right now we are smooth sailing. Their goal was to try to get to the 1st of June. We were hoping they didn't and we don't know if they are going to or not. We are just biding out time. [Is the contract rate still a possibility?] Absolutely! [Will there still be a walk in street rate, international rate, low and high contract rate?] That's what I heard. We are waiting for more good news...waiting for a shorter window. Let's see what happens. It's not the 1st yet. We don't expect to see the 1st.
5-29-2014 Newshound Guru Millionday the change in the 13303 other than it being not extended it has also lifted all of Iraq`s consequences and moved them forward so that all and i mean all of their money is under their own control and also the debts are as well as with all other countries...this is a new executive order to give iraq all control...huge news and of course this lets us know why the confusion that came with the end of the 13303 -- it was for amendments and for the movement forward for Iraq to the global market obviously.
5-29-2014 Intel Guru Delta [IYO, is it absolutely necessary that a GOI is seated before the RV is released by the CBI?] NO. [From the bottom of your heart, do you really feel we will see our blessing soon?] IMO BEFORE JUNE 14, 15. FOR WASHINGTON TO LIFT THE IMMUNITY AND GIVE IRAQ AND CBI THEIR MONEY IS A STRONG INDICATION THAT IRAQ IS READY TO RV. 5-28-2014 Newshound Guru Adam Montana [What if by some miracle, Maliki gets a third term. Will our hopes for an RV this summer be TOTALLY dashed?] Absolutely not. In fact, the opposite - Maliki has been working, tweaking, solidifying many alliances and "backroom deals" for years now. Maliki is better prepared than any other potential leader to continue moving Iraq forward.
5-28-2014 Newshound Guru wmawhite now we know why EO 13303 was extended on 22 May...because it had to be in place in order for it to be amended yesterday. This amendment was published by OFAC...Office of Foreign Asset Control. OFAC over sees all U.S. banks and regulates who they may do business with. OFAC has just told all U.S. banks that all assets of the CBI are no longer sanctioned by EO 13303. And...what are the CBI assets? Its currency! [Iraq is positioning, getting all their ducks in a row to RV!] you are correct! ...take pleasure in knowing this is a huge step.
5-28-2014 Intel Guru Mnt Goat So we are hearing strongly now that the plan is for Maliki to serve a 3rd term in spite of the overwhelming strong opposition to him. To be prime minister once again we are being told that Maliki must first assist the CBI in completing the revaluation and restructuring of their currency before he becomes official. They have given him a June 6th deadline, the final day set for the judicial system to ratify the election results.The new rate must go international by then. This is the base currency for the global currency reset (GCR). However there is still hope since the final election results are not yet ratified and announced in Iraq. They are still sit at the crossroad and can freely decide what path to take.
5-28-2014 Newshound Guru Adam Montana ...I'm not surprised or upset that there's not much new to report right now! In a nutshell...something could happen today, tomorrow, or next week. I don't have an exact date, and I'm not going to get too excited OR frustrated about any particular minute, hour, day, or week over the next month... but I do like how things are going right now, and I am willing to officially say this: CHANGE IS COMING FOR IRAQ!
5-28-2014 Intel Guru Frank26 [do You think Ramadan will delay the MR (Monetary Reform) to bring forth an IR (International Rate)?] Nope. To waste such valuable MR TIME until then by the GOI would not be murder... It would be suicide.
5-28-2014 Intel/Newshound Guru Poppy3 ALL IS WELL AND APPEARS TO BE MOVING FORWARD IN SPITE OF ALL POLITICAL MANIPULATING. STAND BY FOR GREAT REWARDS.
5-28-2014 Intel Guru Hub iraq is a growing entity, they are doing things to become world leaders...currency revaluation, world leadership...this giant is about to show its head...Iraq is the modern day giant...they are about to blossom and...we are along for the ride...
5-28-2014 Newshound Guru Kaperoni Executive Order: "Ending Immunities Granted To The Development Fund For Iraq And Certain Other Iraqi Property And Interests In Property Pursuant To Executive Order 13303, As Amended" The way I see it, Obama never extended the protection of the DFI on May 19th, he only extended the "national emergency" in regards to Iraq (which never needed extension). This news today confirms the "national emergency" is still in place, yet the funds under the DFI are no longer protected. He is giving them control of their money and it will be up to Iraq to resolve any remaining debt issues or lawsuits will commence. One can make a reasonable assumption that giving them their money (DFI), and the liability that goes with it, as a push to stand up and engage with the world financial system which includes the dinar.
5-28-2014 Newshound Guru Millionday 13303 is ended and the kurds are working with the federal government and they are working to make the budget work and they are listing the article 140 results. they are working on all of it together -- hcl -- budget--reforms, etc. they had to have all projects ready and activated by june 1st -- this week and the beginning of next is very important. [post 2 of 2] [See Dinar Guru Master List of Possible "To Do's" in the Dinar Guru Resource bar on the left]
5-28-2014 Newshound Guru Millionday [The big question is why do you suppose EO 13303 was rescinded today (Tuesday)?] because Iraq made their case as they do not need it -- they have 8 countries left and have made very trusting agreements as to how they will be paid and with how much interest and also with trade agreements -- the US is not needed to protect their monies and they were able to make that point...this is great and the results we wanted to see. [post 1 of 2....stay tuned]
5-28-2014 Newshound Guru Aggiedad77 Article: "A member of the parliamentary finance: Parliament will hold its sessions and the budget will be postponed for the next session" So according to one MP on the Finance Committee...politics continue to get in the way of any effort to approve the 2014 budget...but that should not be much of a surprise to anyone...they will put off the budget discussion until the new government is seated...IMO...this has been a ploy by the Speaker of Parliament from the beginning back in January to postpone this budget as long as possible...yet he seeks to be President of Iraq...he was totally ineffective in leading Parliament. 5-27-2014 Newshound Guru Tlar It is my opinion since the first straw poll that Maliki is finished. There are some out there that will argue this outcome but I think the argument has been resolved with the election results even if they have not been released yet. The opposition has 200-210 MP'S out of a possible 328. IMO Maliki is not going to be around more than another week or two unless he can break the will of the coalition. The coalition has yet to have made its move. Most everything you read about Maliki still has chances are false hopes... it is my belief that the SOL will dump Maliki and it to will support the coalition seeking to agree to a nominee that will be acceptable to all...So hang in everyone. We will see nothing but crap put out by the Maliki supporters IMO for the next two weeks. This has to be played out this way in order to come out right.
5-27-2014 Intel/Newshound Guru Poppy3 EXECUTIVE ORDER: "ENDING IMMUNITIES GRANTED TO THE DEVELOPMENT FUND FOR IRAQ AND CERTAIN OTHER IRAQI PROPERTY AND INTERESTS IN PROPERTY PURSUANT TO EXECUTIVE ORDER 13303" this appears to be great news as we all should remember this DFI fund was set to be released on the 22nd and several countries where demanding they be paid their war retribution funds. IT IS GOING TO BE VERY INTERESTING TO SEE HOW THEY REACT NOW AND WHAT IRAQ PLANS TO DO TO CONTROL THE FUNDS. I AM GETTING EXCITED...WOW GOOD STUFF. GET READY TO CELEBRATE...EXCITING NEWS. THIS THING COULD GO DOWN THIS MONTH YET. TIME WILL TELL. [See Guru BGG's post below]
5-27-2014 Newshound/Intel Guru BGG Just released today… big news: EXECUTIVE ORDER: ENDING IMMUNITIES GRANTED TO THE DEVELOPMENT FUND FOR IRAQ AND CERTAIN OTHER IRAQI PROPERTY AND INTERESTS IN PROPERTY PURSUANT TO EXECUTIVE ORDER 13303, AS AMENDED. I, BARACK OBAMA, President of the United States of America, have determined that the situation that gave rise to the actions taken in Executive Order 13303 of May 22, 2003, to protect the Development Fund for Iraq and certain other property in which the Government of Iraq has an interest has been significantly altered. Recognizing the changed circumstances in Iraq, including the Government of Iraq’s progress in resolving and managing the risk associated with outstanding debts and claims arising from actions of the previous regime, I hereby terminate the prohibitions contained in section 1 of Executive Order 13303 of May 22, 2003, as amended by Executive Order 13364 of November 29, 2004...
5-27-2014 Newshound Guru Millionday they are meeting on the budget - hcl -- article 140- and also the formation of the government for Iraq, so a very important week to say the least.
5-27-2014 Newshound Guru Aggiedad77 Article: "Uncertainty as Iraq election results revealed" With the formulating of appeals to the election results the Electoral Commission is not expecting "final final" results until the end of June or early July...it seems that State of Law coalition is working on other Shia blocs to form an alliance...that if they will all come together they believe they have enough to form the new government...while Maliki is busy trying to pull together supporters his opponents are equally busy trying to insure he is unseated as PM. The next few weeks should be very interesting.
5-27-2014 Newshound Guru Shredd [what are you waiting to see happen in the next month? from a banking point of view?] the removal of the zeros project launch, that's more from economic approach...for banking/finance approach...the new isx platform launch...
5-27-2014 Intel Guru TNT Tony No fussing, no fighting. We are now just waiting for time to pass (that's code). It is a timing issue.
5-27-2014 Intel/Newshound Guru Poppy3 THE MONTH OF JUNE IS A DEADLINE MEANING THEY HAVE TO HAVE THE FINANCIAL RESTRUCTURING COMPLETE PRIOR TO THE RELEASE DATE. THIS IS FACT! IT IS OBVIOUS TO GET THERE THEY WILL HAVE A RV PRIOR TO THESE DATES. ...MY SOURCES IN WASHINGTON SAID THE MONTH OF JUNE WOULD BE THE RV MONTH. I STATED THEY WERE IN AGREEMENT TO WAIT TILL THEY KNEW FOR SURE WHO THEY WILL BE DEALING WITH AT THE CBI AND PRIME MINISTER POSITION AND THEY ARE STILL SAYING THE SAME.
5-27-2014 Intel Guru TerryK I WAS REALLY SURPRISED WE DID NOT SEE THE RI OVER THE WEEKEND. MY SOURCES ARE DUMBFOUNDED THIS AM. [I don't think it will happen until the GOI is seated.] I HEARD THAT AS WELL SO ...WITHIN THE NEXT MONTH...BY JUNE 15TH.
5-27-2014 Intel Guru MarkZ [was the ball moved closer to the goal line over the weekend?] It was a FANTASTIC weekend. I was hoping it would move over the line but it alas...It only moved closer. That it moved and moved well though is a great thing. [are we still primed for this month?] This month is still the goal.
5-27-2014 Newshound Guru American Contractor It appears that the new Iraqi dinar currency with the security enhanced banknotes have now been introduced into the Iraqi economy. American Contractor has not seen these banknotes personally, but my sources tell me that there has indeed been some distributed and in circulation. ...I would just like to mention that there are [some] that have said that Prime Minister Nuri Maliki does NOT want to change the Iraq dinar currency. This is bogus, unsubstantiated reporting. In fact, this couldn’t be further from the truth. If it is indeed true that the new currency IS in circulation that would indicate proof that PM Maliki is actually RESPONSIBLE for its release...he is actually all for economic development in Iraq.
5-27-2014 Intel Guru Jester [are you of the persuasion that everything that needed to be done by Iraq has been completed?] HAS BEEN FOR A LONG TIME IN MY OPINION. [Its been quiet all weekend...is this the quiet before the storm or, is it just that nothing is going on?] THERE IS PLENTY GOING ON...JUST HASN'T GOT TO THE STAGE YOU CAN SEE ANYTHING YET... 5-26-2014 Newshound Guru Millionday [Can the CBI, IMF, and/or the GOI stop this change in the value of the currency, for whatever reason?] CBI AND THE IMF CAN. THEY CAN STOP AND NOT MOVE FORWARD AS THEY ARE STATING THEY ARE, BUT WHY WOULD THEY? -- THIS IS GREAT PROGRESS. [post 2 of 2]
5-26-2014 Newshound Guru Millionday THE JULY 1ST DATE IS THE FORMAL ANNOUNCEMENT OF THE NASDAQ OMX...AND IT WILL BE FORMALLY IMPLEMENTED IN JUNE...WHEN A COUNTRY ENTERS THE GLOBE ON THE STOCK MARKET THEY HAVE MANY PRODUCTS AND ONE OF THEM IS THEIR CURRENCY – IT HAS TO BE AT A CALCULATED RATE THAT IS FAIR AS IN COMPLIANT WITH INTERNATIONAL VALUES. [So, will they need the RV by the 1st?] THE FIRST OF JULY TO HIT THE GLOBAL MARKET WOULD MAKE YOU THINK THEY WOULD --- I CANT LOGICALLY THINK OF HOW THEY COULD GO TO THE GLOBAL STOCK MARKET AND NOT HAVE A REALITY RATE... [post 1 of 2....stay tuned]
5-26-2014 Intel Guru Frank26 Lets just say that the present state of our investment has me dancing to a Top Ten Hit...Fleetwood Mac...Don't Stop thinking about Tomorrow...
5-26-2014 Newshound Guru chattels i believe that i am correct in saying that the next Parliament in Iraq will be seated mid - June, but that is not the GOVERNMENT of Iraq, the Government of Iraq is the Prime Minister , etc. ...the Government of Iraq is elected by the Parliament.
5-26-2014 Newshound Guru Stryker In my opinion we will not be seeing currency reform take place until this new seated government is completed... [See the Dinar Guru Master list of Possible Major " To Do's " list in the Dinar Guru Resource Bar on the left...Item #11]
5-26-2014 Newshound Guru Adam Montana [if Maliki is reinstated why do you think anything will be different than the past? Assuming that Maliki's failure to set up a legitimate government is part of the problem with the RV.] Things are definitely changing! We can see that the Kurds are gaining power, the ability for Iraq to delay and not give in to their wants is quickly weakening, and I believe we are picking up steam as a result.
5-26-2014 Newshound Guru chattels ...assuming this Thursday, May 30, we have an end /resolution to election "complaints" and a beginning to a reliable timeline, i.e., ratification /certification of the election results, then we should have the next government of Iraq on or about July 14, 2014. *** NOTE: Ramadan 2014 begins in the evening of Saturday, June 28 and ends in the evening of Monday, July 28. [Am I mistaken or don't they work through Ramadan, Isn't it a holiday where they fast during the day and eat in the night hours?] it is the subject of debate every year...i believe that work and Parliament will continue.
5-26-2014 Newshound Guru Tlar The ISX is planning to go live on a NASDAQ platform before the end of June with Erbil to follow in July. They are going international sometime before the end of June IMO. Another good sign. 5-25-2014 Intel Guru Okie_Oil_Man TODAY IS THE 25TH AND IT IS A DAY I HAVE AND YOU HAVE BEEN WAITING ON FOR YEARS ACCORDING TO SOURCES. TIME WILL PROVE OR REPUDIATE THIS AS FACT OR FICTION. WE ARE VERY ANXIOUS TO SEE IF OUR INFORMATION FINALLY COMES TO FRUITION. I BELIEVE OUR ENDURANCE IS SOON TO BE REWARDED.
5-25-2014 Newshound/Intel Guru BGG I don't see the "whole of" the National Alliance endorsing Maliki. I suspect there will be a "rebuilding " of a new National Alliance - without Maliki. The final solution is a little ways off. None of which HAS to mean there is some kind of "currency stalement"...it is not impossible to imagine the world powers may well do as they want BETWEEN this regime and the seating of the next GOI. If they feel confident they won't have to put up with Maliki's "Gerry Mandering" their processes they may enact the reforms they need to see before anyone else is allowed to come in and take advantage of the situation. Not impossible to believe...
5-25-2014 Newshound Guru Tlar the dead line for the NA to be organized and behind a candidate is June 14th...The NA has still not had a vote now but IMO they will move the process along quickly now and choose a PM candidate that they can take to the floor of the new parliament when it convenes on the 15th of June. My money is still on Chalabi. Maliki is out and he cannot win.
5-25-2014 Newshound/Intel Guru Arthur HANDS ARE BEING PLAYED IN A WAY THAT HAVE MADE IT FINALLY CONDUCIVE FOR THINGS TO POSITIVELY PROGRESS POLITICALLY AND ECONOMICALLY IN IRAQ ON AN UNPRECEDENTED SCALE. THE ECONOMIC AND FINANCE COMMITTEES WITH UN AND IMF ASSISTANCE HAVE DONE EVERYTHING THEY NEED TO DO, AND JUST SHORT OF A SEATED GOVT AND THE BUDGET AND REFORM LAW, THE CBI IS READY TO FINALLY ECONOMICALLY MIRROR IRAQ TO THE GLOBAL COMMUNITY. OF COURSE I RESERVE THE RIGHT TO BE AS DEAD WRONG AS ANYBODY ELSE AS WE ARE DEALING WITH IRAQ, BUT STARTING TOMORROW [SUNDAY] I BELIEVE EVENTS ARE ABOUT TO UNFOLD BETWEEN NOW AND JULY LIKE NEVER, EVER BEFORE. [post 2 of 2]
5-25-2014 Newshound/Intel Guru Arthur AS A REALITY INFORMATION PROVIDER, I ALWAYS ERR ON THE SIDE OF REMAINING GROUNDED OVER HYPE AND FOOLISHNESS. THAT BEING SAID, IT'S OK TO GET AT LEAST SEMI EXCITED WHEN WE HIT THE OCCASIONAL MAJOR WINDOWS THAT COME UP ONCE OR TWICE EACH YEAR. IMO WE ARE IN THE MOTHER OF ALL WINDOWS EVER STARTING FROM...MAY 25TH TO THE BEGINNING OF JULY. WITHOUT GOING INTO A LENGTHY INFORMATIONAL DIATRIBE AS TO WHY I FEEL THIS WAY, I THINK WE ARE CROSSING A MILESTONE IN THIS INVESTMENT WE HAVE NEVER EVER SEEN BEFORE. [post 1 of 2....stay tuned]
5-25-2014 Intel/Newshound Guru Poppy3 I HAVE REASON TO BELIEVE EVEN THE DETAILS OF THE STEPS TO BE TAKEN ARE CLOSELY GUARDED AND LIKE KUWAIT THERE WILL BE MISDIRECTION RUMOR PRIOR TO THE RELEASE AND THERE WILL BE MUCH OF IT FROM DIFFERENT SOURCES. WE ARE NOT SUPPOSED TO HAVE ANY WARNING AND WILL NOT...WE DO HOWEVER HAVE INFORMATION THAT THE RV IS ...WITHIN MALIKI'S DEALS HE IS OFFERING AND IF ANYONE CAN GET IT DONE HE IS THE MAN AS HE HAS PROVEN OVER AND OVER FOR YEARS. IF IT IS GOOD FOR MALIKI THEN IT WILL BE GOOD FOR US... [post 2 of 2]
5-25-2014 Intel/Newshound Guru Poppy3 ...MALIKI IS FIGHTING FOR EVERY VOTE TRYING TO GET THE THIRD TERM AND HE IS PANICKING TO MAKE DEALS WITH ANYONE THAT CAN HELP HIM GET HIS THIRD TERM AND...MANY ARE SAYING ABSOLUTELY NO TO A THIRD TERM. THE RV IS IN HANDS THAT YOU AND I WILL NEVER HEAR ANYTHING FROM AND THE TIMING WILL BE HELD IN THE STRICTEST OF CONFIDENCE TILL THE BUTTON IS PUSHED. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz33OrTnxzi
5-31-2014 Intel Guru Okie_Oil_Man THIS MORNING IT APPEARED THAT WE WERE IN A LESS DESIRABLE PLACE THAN WE ARE NOW. AS THIS DAY HAS PROGRESSED THE ELEMENTS INVOLVED HAS CHANGED RAPIDLY AND ALL FOR THE BETTERMENT OF EACH OF US. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru Dinar Wishes what I am about to tell you is the truth, and nothing but the truth!!! So Help Me God!!! This game of chance we are all apart of is crumbling because certain things needed for every country to be Basil III compliant are not being fulfilled by those in power to make this happen… I know this to be fact…If we do not have the gold to back our currency then we will not see any benefit to the RV in our country…I have personally been involved with those who have, and are trying to help us to be Basil III Compliant and they are intending to pull out the Gold backing…They feel it is the only way to move the process forward …Unfortunately if that does happen then the Dollar will lose all value outside of our country… not all at once but it will be significant…End result no American RV.
5-31-2014 Intel Guru Okie_Oil_Man BECAUSE OF PAST UNFULFILLED PROMISES MADE HIM, LET US HOPE THIS IS HIS PLOY OR PLAN TO FORCE THE ISSUE OF HONORING THE CONTRACTS THAT HAS BEEN RENIGGED ON. IN WORST CASE SCENARIO PLANS HAVE BEEN MADE TO SUBVERT THE USA AND INITIATE THE GCR AND R/V IN ANOTHER COUNTRY. WE WILL STILL RECEIVE OUR FUNDS REGARDLESS OF WHETHER THE UST, THE USA GOV, THE IMF, THE BIS, POTUS, SEC OF TREASURE STILL REMAINS RELUCTANT OF PERMITTING THE PLANNED FINANCIAL OCCURRENCES TO TRANSPIRE. THE TIME FACTOR FOR US AS INDIVIDUAL'S IS THE UNKNOWN QUANITY IN THIS SCENARIO THAT IS PLAYING OUT RIGHT BEFORE OUR EYES PRESENTLY. [post 2 of 2]
5-31-2014 Intel Guru Okie_Oil_Man THE SIGNATORE RESPONSIBLE FOR INITIATION OF THE R/V HAS BEEN FALSELY PATRONIZED IN THE PAST. HE, AS A RESPONSIBLE REPRESENTATIVE HAS WITHDRAWN HIS AUTHORITARIAN POSITION FROM THE AGREED TO CONTRACTS BECAUSE OF FAILURE AND BREACH OF CONTRACT HE HAS BEEN LABORING UNDER FOR QUITE SOME TIME. YES IT IS TRUE HE REPRESENTS THE VAST GOLD BULLION NECESSARY FOR THE FUNDING OF THE GCR AND R/V. [post 1 of 2....stay tuned]
5-31-2014 Newshound/Intel Guru Flashing According to the rumors that I have received everything is excellent for us. The pending items for the release of the rv should be resolved after mid June and then we should see the RV between the last week of June and first of July. These pending items are of political, economic and financial kind.
5-31-2014 Newshound Guru Millionday [do they even NEED a rate for isx or could this go on forever?] they absolutely without a doubt need a reality rate for the isx and the world market. they have stated that is the middle of the year 2014 they are planning to move to a market economy and that requires a reality rate. they have stated that they will be selling [bonds] as well and that they will be on their markets and also a provincial and government tool for funding projects but CBI stated that they would not give out local or federal funds until the budget is passed and that is supposed to be within two days according to the UN. [post 2 of 2]
5-31-2014 Newshound Guru Millionday [can u...explain if the budget has to be passed for the rv to take place...?] no the budget does not have to be passed but i can not tell you if they plan to have it done at the same time they set the rates due the value change that will happen with the redenomination. the UN gave a deadline of the 1st for the in country projects to begin and have ordered that timeline due to the constitution and the needs of the citizens ---- so they are supposed to be in a huge hurry with the budget so they can meet the timeline. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru MarkZ This is a PROCESS that is moving surprisingly well. Not sure if we can still squeeze it in before the end of the month but it is still possible. It could take weeks more at best. [are we reliant on GOI or CBI to take specific action?] yes and no, we just need them to say their lines when it is time which is NO problem at all. They are past ready. [Do you still feel we are very close, such as this weekend?] Very close. This weekend would require an enormous amount being accomplished in short order though. [Whats the word on the VND...?] It looks awesome. I wish I had spent as much on it as I did dinar. [post 2 of 2]
5-31-2014 Intel Guru MarkZ [the...post (Backer of "Global Banking Reset" Pulls Out Over Political Bickering) is smoke IYO?] I will sum it up by saying I am not at all worried. PERIOD. I do not have all my old notes so I may miss a date or a number but here are the basics. The 'Gold treaty' was signed about a year ago by all 188 participating countries. Last March 21st if memory serves me, now all we have been waiting on is it's execution. The best way I can put it and not over step my bounds is to simply say it is NOT relevant to the completion of the event. [post 1 of 2....stay tuned]
5-31-2014 Intel Guru Jester [A post...stated that the main backer of gold for the GCR has backed out?] YOU GUYS KNOW THE TERM SMOKE AND MIRRORS... SO THAT MIGHT BE THE BEST WAY TO DESCRIBE SOME OF WHAT IS GOING ON IN MY OPINION... [Jester could something like that even happen at this stage of the event...?] IT IS POSSIBLE... BUT I AM NOT SO SURE WHY THEY WOULD TRY SOMETHING LIKE THAT... I DO NOT THINK IT IS SOMETHING YOU SHOULD WORRY ABOUT AT THIS TIME...AND THE WORD I HAD LAST NIGHT IS... IT COULD BE 10 MINUTES OR IT COULD BE 10 DAYS... BUT IT IS RIGHT HERE...
5-31-2014 Intel/Newshound Guru Poppy3 (SOURCES)...ARE ALL EXCITED BUT AS I HAVE TRIED TO WARN EVERYONE...THESE HOT RUMORS WILL GET FASTER AND MORE FURIOUS THE CLOSER WE GET. THINGS IN GENERAL ARE AWESOME SOUNDING NEWS BETTER THAN EVER... I SUSPECT WHEN TURKI AND THE FINANCE DIRECTOR FROM PARLIAMENT MADE THE STATEMENTS BACK IN JAN., FEB. THAT THEY WOULD HAVE A INTERNATIONAL TRADABLE CURRENCY BY MID 2014 THEY ALREADY KNEW THE TIMING AND THE PLAN WAS SET INTO MOTION. WE ARE GETTING TO MID YEAR VERY FAST. 5-30-2014 Intel Guru TNT Tony [via Adept1] It was a very hectic day. We started last night – yesterday we were excited and Wednesday, thinking we would have the 800 numbers and everyone would be at the banks this morning…which did not happen. If you hear some negative stuff, some of it might be true, but supposedly things are worked out to our betterment. Contract rates are still there, international rate is still there. They are trying to stretch it out to the first…it went last night up to a point, and once again it was stopped by the same people. Things could still pop up tonight.
5-30-2014 Intel Guru Mnt Goat we are hearing strongly now that the plan by the USA to put Maliki in for a 3rd term has been spoiled. But we will not be certain until the final announcements are made early next week. Seems there are still some “real” politicians left in Iraq and they are fighting with great fortitude so Maliki will never have any part in the Iraq government again. It is taking a bit longer but they are winning the battle...It may take a bit longer for us to get our RV but it will be worth it to see Maliki gone. Remember I said we will not see any RV to just before or just after the announcement of fully formed, stable, functional new government. Dr. Sinan Al-Shabibi an Iraqi economist who served as the governor of the Central Bank of Iraq has also said this many times, as it was part of his currency restructuring plan and still is.
5-30-2014 Intel Guru Frank26 [Guru Delta] is like a little kid right now filled with excitement for the progress he is understanding. He gives me Time Frames, NOT Dates Normally. But the 20th is not an IR day (International Rate) it is the fulfillment of art. 8 We seek. He just wishes Iraq would stop using the same old speed...Neutral. Yet neutral allows the WB [World Bank] and soon some more Powers to PUSH them further into article 8 compliance of IMF. It is not that Iraq is lazy...They just waste so much time arguing. An embarrassing and shameful waste of productive time it is! But even at 2 STEPS forward with 1 STEP backward as their political cadence march...They will eventually get to an IR.
5-30-2014 Newshound Guru wmawhite [does the rate need to be [in] effect before the ISX goes live July 1st?] it appears there are several events on the horizon that must have a true exchange rate in place. [Are they a long way from article 8?] honestly, just like this past week, there are dominoes dropping that we are unaware of until after they hit. there are so many events happening that are happening because the CBI is preparing to change the rate of the IQD. these events have never happen before in this investment. It is truly a great time to be at...the facts indicate that a group of people we do not know will make major changes to the IQD at some point in the future. If it was to be at some distant time, why are they doing what they are doing today? I seriously believe that this could happen at any moment...we have never been to this point before... [post 2 of 2]
5-30-2014 Newshound Guru wmawhite just as the amendment to EO 13303 indicated...the asset of the CBI (the IQD) had prohibitions on it prior to this week. That doesn't change the fact the the IQD is Iraq's currency. However, until this week even if our banks wanted to recognize it they could not. today we can buy and sell the IQD based upon some one value...that is not an international exchange rate determined by the CBI. when a country's exchange rate is determined it is accepted by other countries...that is not the case with Iraq...YET...instead, the IQD is not used in international commerce...instead, anyone can decide what they may buy or sell it for. [So how did the banks deal with dinar 3 years ago. If it had no value?] the IQD was the same has buying a toaster at Wal Mart... they sold the IQD the same as it they were selling silver eagle dollars. [post 1 of 2....stay tuned]
5-30-2014 Intel Guru WILDDUCK IF THAT IS THE CASE THEN LETS ASSUME THAT CL [CHRISTINE LAGARDE] DID HER JOB LAST NIGHT AND IT WILL BE 24 T0 48 HOURS FOR THE GCR TO CALC IN...THEN ARE FINALLY DONE. IMO THERE IS NO DELAY. THIS FITS WITH OLD VIDEO YOU GO TO SLEEP SATURDAY NIGHT AND WAKE UP WITH NEW CURRENCY VALUES. RV THEN GCR, THAT MAKES LOGICAL SENSE AND WE HAVE BEEN TOLD IN THE PAST THAT IS THE WAY IT HAD TO GO...WE ARE IN A GOOD SPOT. [post 2 of 2]
5-30-2014 Intel Guru WILDDUCK THIS IS A PROCESS AND THIS IS WHERE I THINK WE ARE…THE INTEL HAS FLOWN HOT AND HEAVY THE LAST 2 DAYS AND YESTERDAY NOON FOR SURE. LET'S ASSUME FOR A MOMENT THAT RV OCCURRED ON TUESDAY AFTER THE HOLIDAY HERE LATE AFTER NOON AND TOOK 48 HOURS TO PROCESS AND DURING THAT TIME 13303 WAS RESCINDED TO ALLOW FULL WTO MEMBERSHIP AND OTHER THINGS. SO THAT BRINGS US TO LAST NIGHT. LET'S THEN ASSUME THAT YOU HAVE TO HAVE AN RV BEFORE YOU CAN HAVE A GCR. [post 1 of 2....stay tuned]
5-30-2014 Newshound Guru Kaperoni CBI Announcement 5/29/2014 Quote: "Companies can buy dollars directly from the CBI by (cash or transfer)" This is a significant step for the CBI to get in compliance with the IMF...its a good step, now we need to see results. If these money exchangers/currency traders start participating, we should see the Market Rate start to drop soon...1200 or about the magic number. Don't overlook that parliament has not passed any laws nor is their a new GOI formed. But I sure can't wait to see the letter to the IMF from Turki requesting the move from XIV to VIII. [in your opinion does the CBI announcement have any connection to the TIMING of the recent revision of the Presidential EO?] None what so ever, the CBI has been told to liberalize the foreign exchange for two years.
5-30-2014 Newshound Guru Aggiedad77 "Almost a consensus within the National Coalition to exclude al-Maliki for a third term" The opinions are abounding and resounding against considering Maliki for a third term as is evidenced in this article and a consensus taken by the National Coalition...at this point one might start to wonder...where will Maliki's strength and support come from...don't forget that money has a way of talking...and making former lines in the sand disappear.
5-30-2014 Intel Guru EXOGEN CL [Christine LaGarde] et al have accomplished the mission. Banks are projected to show live rates within 48 hours. Algorithms for reset implemented. Cannot be stopped. Numbers are changing on screens. LaGarde has accomplished her mission. Rates projected to show live on Forex- we will be in banks in 24-48 hrs.
5-30-2014 Newshound Guru Stryker The delete zero project started July 1, 2011 when Dr. Shabibi, the then governor of the Central Bank of Iraq, announced that the CBI had all the tools to start the project. More dollarization was implemented to remove dinars from circulation. It has been postponed two times since then but now I believe we are heading to the final stretch. Can there be another delay, sure but signs show that Iraq is ready to move forward. [post 2 of 2]
5-30-2014 Newshound Guru Stryker I believe we are in the final stretch of this adventure of ours and here’s why. Obama releases all Iraqi’s assets back to the Central Bank of Iraq, not the GOI...Executive Order Amendment...This means that the CBI can use these assets, properties, etc. to back their currency since they are in charge of the Monetary System of Iraq. The Central Bank of Iraq’s head man Abdul Basset Turki says that all measures will be in place by middle of the year and he will not hesitate to implement to delete the zeros project as long as the situation politically and economically is right for the country. [post 1 of 2....stay tuned]
5-30-2014 Intel/Newshound Guru Poppy3 ...THIS WAS DONE ASAP. IT HAD EXTREME URGENCY BEHIND IT AND WAS BEING PUSHED BY THE IMF, WORLD BANK AND CBI. WITH THIS BEING SAID...THREE PEOPLE TODAY...TOLD ME THEY ALREADY KNOW WHO THE NEW PM IS GOING TO BE AND THEY ARE PLANNING TO ANNOUNCE THE RV WITHIN THE NEXT FEW DAYS, POSSIBLY WITHIN THE FIRST WEEK OF JUNE, IF THE NEW POSITTIONS ARE ANNOUNCED AS PLANNED. [post 2 of 2]
5-30-2014 Intel/Newshound Guru Poppy3 all new is good news -- THINGS WHERE EXPLAINED TO ME TODAY about the 13303 being extended on the 22nd was decided to happen two weeks prior to the deadline. It was conveyed to Obama and the administration that under the 13303 law as written the banks and the IRAQ CBI would never be admitted to the WTO as FULL MEMBER BECAUSE THE law AS written would prevent all word banks, including the USA banks, from being able to trade with IRAQ and would prevent any DINAR exchanges. Immediately they started writing an amendment to the LAW and when they didn't get it completed in time they then had to extend it until the amendment was complete...at which time Obama signed an executive order to put it immediately into law so the BANKS COULD MOVE FORWARD. IT AUTOMATICALLY GIVES OUR BANKS LEGAL RIGHTS TO NOW EXCHANGE OUR DINAR WHEN THEY ANNOUNCE THE NEW VALUE. [post 1 of 2....stay tuned]
5-30-2014 Intel Guru MarkZ I have been told by a source I firmly respect that CL [Christine Lagarde] has handed it off to be completed and she is not a hindrance. I believe there are many who want to stop it, I do NOT believe that they can now though. [the end of May is wrapping up...Sooooo?] Sooooo I think we are close...I still think we may make it. I did have one government source today saying it may take until the 6th or 7th though...possible we still can make this week. [post 2 of 2]
5-30-2014 Intel Guru MarkZ "We" meaning a lot of intel people have been asked to not be too vocal and to not rock the boat while this thing finishes. That being said I want to reassure you all that the news is good and I do believe we are very close to the finish line. [we've been down this road of "don't rock the boat" about a dozen times so do you believe we are NOT being strung along AGAIN?] This time it is totally different people asking for us to keep every one calm. This time the people I consider to be the 'good guys' are asking. [post 1 of 2....stay tuned] 5-29-2014 Newshound Guru Kaperoni CBI Announcement 5/29/2014
Quote: "Companies can buy dollars directly from the CBI by (cash or transfer)" It looks like after a few months of telling us that money transfer companies were going to be allowed to participate in the auctions, they are now finally going to let that begin. This will IMO reduce the spread and get them in compliance with the IMF. I would guess in short order. Very good news.
5-29-2014 Newshound Guru wmawhite there are two parts to the admended EO 13303...the first part is directed towards the GOI. The second part spells out the lifting of the prohibitions of the CBI.. HUGE News! [does anyone think it will make news or some sort of confirmation that these funds have made it back into iraq?] the CBI has been referring for weeks about these funds already being in their possession.
5-29-2014 Newshound/Intel Guru BGG [what else does Iraq need to do in order to be included into the WTO other then an international currency?] I don't think the WTO matters much to us (other than being a good step towards being included in the world economy)...I have never said the Dinar needs to be or is conditional to WTO entrance.
5-29-2014 Newshound Guru Tlar With all economic indicators that one would use to value a currency today, Iraq could launch their currency even higher than $2.00 but my gut feel is they will be conservative in the beginning for both their safety and the global economies safety choosing to not try to milk the last dollar out of this change. Truth is that is just a guess. Deleting the zeros is an all encompassing statement. Anything 86 cents or above qualifies under this statement. Deleting the zeros (86 cents) may not mean stopping point that I have believed it was, but may be a starting point at a any value greater than 86 cents that Iraq decides to make their currency. Turki said he is ready. Turki said he would do itr today if the government situation were settled... [post 2 of 2]
5-29-2014 Newshound Guru Tlar The Imf will undoubtedly let Iraq use some portion of the oil production to back their currency. This is why I believe Iraq could come out higher than my original estimate for the last couple of years at 86 cents. This is partially why I now believe we could see $1.50 - to $2.00. In 2008 when they did the strategic study that concluded that Iraq could support $1.13 they were producing approx 1.5 mbpd and the reserves were less that 40 billion. In Nov 2009 when the Forex's started to change in Europe showing the dinar at $1.49 all night, the reserves were less than 50 billion. [post 1 of 2....stay tuned]
5-29-2014 Newshound/Intel Guru BGG [Are you confident M is gone?] we already know - just a matter of time till THEY KNOW IT. Maliki is living on borrowed time and doing all he can to s-t-r-e-t-c-h it out.
5-29-2014 Intel Guru DC IMF, UST, UN, bankers...literally just waiting...it is my understanding all are on lockdown again. It was supposed to have been this weekend but the US asked it to be pushed past Memorial day for numerous reasons. It is now being ramped up again. Power players in Iraq are expecting this to go quickly and security is extremely tight right now & on phone black out. UN folks are ready for the actual RV. The DFI funds were released...some segments still under protection but were released. [Are we still on track for the end of the month.] Yes. [Is the dong still in the 1st basket? over 1.00?] Yes, I believe so but don't be surprised if it changes. Everything looks really good and extremely optimistic.
5-29-2014 Newshound/Intel Guru BGG [I think i can wait one more month!] You may not have to - the way the "amended 13303" and revision were worded is very telling... (to me).
5-29-2014 Newshound Guru Millionday I HAVE TO SAY FOR AN EXECUTIVE ORDER TO BE FOR IMMEDIATE RELEASE THAT MEANS SOMETHING FOR SURE TO ME -- THEY ARE MEANING RIGHT NOW.
5-29-2014 Newshound Guru wmawhite OFAC [Office of Foreign Assets Control] acts under Presidential national emergency powers, as well as authority granted by specific legislation, to impose controls on transactions and freeze assets under US jurisdiction. Now it was OFAC that published the amendment to EO 13303. Therefore, the assets of the CBI are no longer under sanctions within the USA. The importance here is that if OFAC prohibits a country, our banks are unable to do business with that country. Now, OFAC is stating that all sanctions are lifted as to the CBI. [so the sanctions being lifted means our banks can now deal with Iraqi dinar?] if a bank chooses to do so. [it seems this was a big issue to overcome to see MR occur for this country? Am I on the right track?] One of the biggest for us to exchange the IQD within the USA.
5-29-2014 Intel Guru TNT Tony Its a great day in Dinarland. I can't tell you why it did not happen but everything good right now. The DFI has been released and if that has been released then you should know what's really going on without going into any depth with it...it's a great reason for us to be excited. There was a little bit of turmoil yesterday, one hell of a roller coaster ride in the last 24 hours but right now we are smooth sailing. Their goal was to try to get to the 1st of June. We were hoping they didn't and we don't know if they are going to or not. We are just biding out time. [Is the contract rate still a possibility?] Absolutely! [Will there still be a walk in street rate, international rate, low and high contract rate?] That's what I heard. We are waiting for more good news...waiting for a shorter window. Let's see what happens. It's not the 1st yet. We don't expect to see the 1st.
5-29-2014 Newshound Guru Millionday the change in the 13303 other than it being not extended it has also lifted all of Iraq`s consequences and moved them forward so that all and i mean all of their money is under their own control and also the debts are as well as with all other countries...this is a new executive order to give iraq all control...huge news and of course this lets us know why the confusion that came with the end of the 13303 -- it was for amendments and for the movement forward for Iraq to the global market obviously.
5-29-2014 Intel Guru Delta [IYO, is it absolutely necessary that a GOI is seated before the RV is released by the CBI?] NO. [From the bottom of your heart, do you really feel we will see our blessing soon?] IMO BEFORE JUNE 14, 15. FOR WASHINGTON TO LIFT THE IMMUNITY AND GIVE IRAQ AND CBI THEIR MONEY IS A STRONG INDICATION THAT IRAQ IS READY TO RV. 5-28-2014 Newshound Guru Adam Montana [What if by some miracle, Maliki gets a third term. Will our hopes for an RV this summer be TOTALLY dashed?] Absolutely not. In fact, the opposite - Maliki has been working, tweaking, solidifying many alliances and "backroom deals" for years now. Maliki is better prepared than any other potential leader to continue moving Iraq forward.
5-28-2014 Newshound Guru wmawhite now we know why EO 13303 was extended on 22 May...because it had to be in place in order for it to be amended yesterday. This amendment was published by OFAC...Office of Foreign Asset Control. OFAC over sees all U.S. banks and regulates who they may do business with. OFAC has just told all U.S. banks that all assets of the CBI are no longer sanctioned by EO 13303. And...what are the CBI assets? Its currency! [Iraq is positioning, getting all their ducks in a row to RV!] you are correct! ...take pleasure in knowing this is a huge step.
5-28-2014 Intel Guru Mnt Goat So we are hearing strongly now that the plan is for Maliki to serve a 3rd term in spite of the overwhelming strong opposition to him. To be prime minister once again we are being told that Maliki must first assist the CBI in completing the revaluation and restructuring of their currency before he becomes official. They have given him a June 6th deadline, the final day set for the judicial system to ratify the election results.The new rate must go international by then. This is the base currency for the global currency reset (GCR). However there is still hope since the final election results are not yet ratified and announced in Iraq. They are still sit at the crossroad and can freely decide what path to take.
5-28-2014 Newshound Guru Adam Montana ...I'm not surprised or upset that there's not much new to report right now! In a nutshell...something could happen today, tomorrow, or next week. I don't have an exact date, and I'm not going to get too excited OR frustrated about any particular minute, hour, day, or week over the next month... but I do like how things are going right now, and I am willing to officially say this: CHANGE IS COMING FOR IRAQ!
5-28-2014 Intel Guru Frank26 [do You think Ramadan will delay the MR (Monetary Reform) to bring forth an IR (International Rate)?] Nope. To waste such valuable MR TIME until then by the GOI would not be murder... It would be suicide.
5-28-2014 Intel/Newshound Guru Poppy3 ALL IS WELL AND APPEARS TO BE MOVING FORWARD IN SPITE OF ALL POLITICAL MANIPULATING. STAND BY FOR GREAT REWARDS.
5-28-2014 Intel Guru Hub iraq is a growing entity, they are doing things to become world leaders...currency revaluation, world leadership...this giant is about to show its head...Iraq is the modern day giant...they are about to blossom and...we are along for the ride...
5-28-2014 Newshound Guru Kaperoni Executive Order: "Ending Immunities Granted To The Development Fund For Iraq And Certain Other Iraqi Property And Interests In Property Pursuant To Executive Order 13303, As Amended" The way I see it, Obama never extended the protection of the DFI on May 19th, he only extended the "national emergency" in regards to Iraq (which never needed extension). This news today confirms the "national emergency" is still in place, yet the funds under the DFI are no longer protected. He is giving them control of their money and it will be up to Iraq to resolve any remaining debt issues or lawsuits will commence. One can make a reasonable assumption that giving them their money (DFI), and the liability that goes with it, as a push to stand up and engage with the world financial system which includes the dinar.
5-28-2014 Newshound Guru Millionday 13303 is ended and the kurds are working with the federal government and they are working to make the budget work and they are listing the article 140 results. they are working on all of it together -- hcl -- budget--reforms, etc. they had to have all projects ready and activated by june 1st -- this week and the beginning of next is very important. [post 2 of 2] [See Dinar Guru Master List of Possible "To Do's" in the Dinar Guru Resource bar on the left]
5-28-2014 Newshound Guru Millionday [The big question is why do you suppose EO 13303 was rescinded today (Tuesday)?] because Iraq made their case as they do not need it -- they have 8 countries left and have made very trusting agreements as to how they will be paid and with how much interest and also with trade agreements -- the US is not needed to protect their monies and they were able to make that point...this is great and the results we wanted to see. [post 1 of 2....stay tuned]
5-28-2014 Newshound Guru Aggiedad77 Article: "A member of the parliamentary finance: Parliament will hold its sessions and the budget will be postponed for the next session" So according to one MP on the Finance Committee...politics continue to get in the way of any effort to approve the 2014 budget...but that should not be much of a surprise to anyone...they will put off the budget discussion until the new government is seated...IMO...this has been a ploy by the Speaker of Parliament from the beginning back in January to postpone this budget as long as possible...yet he seeks to be President of Iraq...he was totally ineffective in leading Parliament. 5-27-2014 Newshound Guru Tlar It is my opinion since the first straw poll that Maliki is finished. There are some out there that will argue this outcome but I think the argument has been resolved with the election results even if they have not been released yet. The opposition has 200-210 MP'S out of a possible 328. IMO Maliki is not going to be around more than another week or two unless he can break the will of the coalition. The coalition has yet to have made its move. Most everything you read about Maliki still has chances are false hopes... it is my belief that the SOL will dump Maliki and it to will support the coalition seeking to agree to a nominee that will be acceptable to all...So hang in everyone. We will see nothing but crap put out by the Maliki supporters IMO for the next two weeks. This has to be played out this way in order to come out right.
5-27-2014 Intel/Newshound Guru Poppy3 EXECUTIVE ORDER: "ENDING IMMUNITIES GRANTED TO THE DEVELOPMENT FUND FOR IRAQ AND CERTAIN OTHER IRAQI PROPERTY AND INTERESTS IN PROPERTY PURSUANT TO EXECUTIVE ORDER 13303" this appears to be great news as we all should remember this DFI fund was set to be released on the 22nd and several countries where demanding they be paid their war retribution funds. IT IS GOING TO BE VERY INTERESTING TO SEE HOW THEY REACT NOW AND WHAT IRAQ PLANS TO DO TO CONTROL THE FUNDS. I AM GETTING EXCITED...WOW GOOD STUFF. GET READY TO CELEBRATE...EXCITING NEWS. THIS THING COULD GO DOWN THIS MONTH YET. TIME WILL TELL. [See Guru BGG's post below]
5-27-2014 Newshound/Intel Guru BGG Just released today… big news: EXECUTIVE ORDER: ENDING IMMUNITIES GRANTED TO THE DEVELOPMENT FUND FOR IRAQ AND CERTAIN OTHER IRAQI PROPERTY AND INTERESTS IN PROPERTY PURSUANT TO EXECUTIVE ORDER 13303, AS AMENDED. I, BARACK OBAMA, President of the United States of America, have determined that the situation that gave rise to the actions taken in Executive Order 13303 of May 22, 2003, to protect the Development Fund for Iraq and certain other property in which the Government of Iraq has an interest has been significantly altered. Recognizing the changed circumstances in Iraq, including the Government of Iraq’s progress in resolving and managing the risk associated with outstanding debts and claims arising from actions of the previous regime, I hereby terminate the prohibitions contained in section 1 of Executive Order 13303 of May 22, 2003, as amended by Executive Order 13364 of November 29, 2004...
5-27-2014 Newshound Guru Millionday they are meeting on the budget - hcl -- article 140- and also the formation of the government for Iraq, so a very important week to say the least.
5-27-2014 Newshound Guru Aggiedad77 Article: "Uncertainty as Iraq election results revealed" With the formulating of appeals to the election results the Electoral Commission is not expecting "final final" results until the end of June or early July...it seems that State of Law coalition is working on other Shia blocs to form an alliance...that if they will all come together they believe they have enough to form the new government...while Maliki is busy trying to pull together supporters his opponents are equally busy trying to insure he is unseated as PM. The next few weeks should be very interesting.
5-27-2014 Newshound Guru Shredd [what are you waiting to see happen in the next month? from a banking point of view?] the removal of the zeros project launch, that's more from economic approach...for banking/finance approach...the new isx platform launch...
5-27-2014 Intel Guru TNT Tony No fussing, no fighting. We are now just waiting for time to pass (that's code). It is a timing issue.
5-27-2014 Intel/Newshound Guru Poppy3 THE MONTH OF JUNE IS A DEADLINE MEANING THEY HAVE TO HAVE THE FINANCIAL RESTRUCTURING COMPLETE PRIOR TO THE RELEASE DATE. THIS IS FACT! IT IS OBVIOUS TO GET THERE THEY WILL HAVE A RV PRIOR TO THESE DATES. ...MY SOURCES IN WASHINGTON SAID THE MONTH OF JUNE WOULD BE THE RV MONTH. I STATED THEY WERE IN AGREEMENT TO WAIT TILL THEY KNEW FOR SURE WHO THEY WILL BE DEALING WITH AT THE CBI AND PRIME MINISTER POSITION AND THEY ARE STILL SAYING THE SAME.
5-27-2014 Intel Guru TerryK I WAS REALLY SURPRISED WE DID NOT SEE THE RI OVER THE WEEKEND. MY SOURCES ARE DUMBFOUNDED THIS AM. [I don't think it will happen until the GOI is seated.] I HEARD THAT AS WELL SO ...WITHIN THE NEXT MONTH...BY JUNE 15TH.
5-27-2014 Intel Guru MarkZ [was the ball moved closer to the goal line over the weekend?] It was a FANTASTIC weekend. I was hoping it would move over the line but it alas...It only moved closer. That it moved and moved well though is a great thing. [are we still primed for this month?] This month is still the goal.
5-27-2014 Newshound Guru American Contractor It appears that the new Iraqi dinar currency with the security enhanced banknotes have now been introduced into the Iraqi economy. American Contractor has not seen these banknotes personally, but my sources tell me that there has indeed been some distributed and in circulation. ...I would just like to mention that there are [some] that have said that Prime Minister Nuri Maliki does NOT want to change the Iraq dinar currency. This is bogus, unsubstantiated reporting. In fact, this couldn’t be further from the truth. If it is indeed true that the new currency IS in circulation that would indicate proof that PM Maliki is actually RESPONSIBLE for its release...he is actually all for economic development in Iraq.
5-27-2014 Intel Guru Jester [are you of the persuasion that everything that needed to be done by Iraq has been completed?] HAS BEEN FOR A LONG TIME IN MY OPINION. [Its been quiet all weekend...is this the quiet before the storm or, is it just that nothing is going on?] THERE IS PLENTY GOING ON...JUST HASN'T GOT TO THE STAGE YOU CAN SEE ANYTHING YET... 5-26-2014 Newshound Guru Millionday [Can the CBI, IMF, and/or the GOI stop this change in the value of the currency, for whatever reason?] CBI AND THE IMF CAN. THEY CAN STOP AND NOT MOVE FORWARD AS THEY ARE STATING THEY ARE, BUT WHY WOULD THEY? -- THIS IS GREAT PROGRESS. [post 2 of 2]
5-26-2014 Newshound Guru Millionday THE JULY 1ST DATE IS THE FORMAL ANNOUNCEMENT OF THE NASDAQ OMX...AND IT WILL BE FORMALLY IMPLEMENTED IN JUNE...WHEN A COUNTRY ENTERS THE GLOBE ON THE STOCK MARKET THEY HAVE MANY PRODUCTS AND ONE OF THEM IS THEIR CURRENCY – IT HAS TO BE AT A CALCULATED RATE THAT IS FAIR AS IN COMPLIANT WITH INTERNATIONAL VALUES. [So, will they need the RV by the 1st?] THE FIRST OF JULY TO HIT THE GLOBAL MARKET WOULD MAKE YOU THINK THEY WOULD --- I CANT LOGICALLY THINK OF HOW THEY COULD GO TO THE GLOBAL STOCK MARKET AND NOT HAVE A REALITY RATE... [post 1 of 2....stay tuned]
5-26-2014 Intel Guru Frank26 Lets just say that the present state of our investment has me dancing to a Top Ten Hit...Fleetwood Mac...Don't Stop thinking about Tomorrow...
5-26-2014 Newshound Guru chattels i believe that i am correct in saying that the next Parliament in Iraq will be seated mid - June, but that is not the GOVERNMENT of Iraq, the Government of Iraq is the Prime Minister , etc. ...the Government of Iraq is elected by the Parliament.
5-26-2014 Newshound Guru Stryker In my opinion we will not be seeing currency reform take place until this new seated government is completed... [See the Dinar Guru Master list of Possible Major " To Do's " list in the Dinar Guru Resource Bar on the left...Item #11]
5-26-2014 Newshound Guru Adam Montana [if Maliki is reinstated why do you think anything will be different than the past? Assuming that Maliki's failure to set up a legitimate government is part of the problem with the RV.] Things are definitely changing! We can see that the Kurds are gaining power, the ability for Iraq to delay and not give in to their wants is quickly weakening, and I believe we are picking up steam as a result.
5-26-2014 Newshound Guru chattels ...assuming this Thursday, May 30, we have an end /resolution to election "complaints" and a beginning to a reliable timeline, i.e., ratification /certification of the election results, then we should have the next government of Iraq on or about July 14, 2014. *** NOTE: Ramadan 2014 begins in the evening of Saturday, June 28 and ends in the evening of Monday, July 28. [Am I mistaken or don't they work through Ramadan, Isn't it a holiday where they fast during the day and eat in the night hours?] it is the subject of debate every year...i believe that work and Parliament will continue.
5-26-2014 Newshound Guru Tlar The ISX is planning to go live on a NASDAQ platform before the end of June with Erbil to follow in July. They are going international sometime before the end of June IMO. Another good sign. 5-25-2014 Intel Guru Okie_Oil_Man TODAY IS THE 25TH AND IT IS A DAY I HAVE AND YOU HAVE BEEN WAITING ON FOR YEARS ACCORDING TO SOURCES. TIME WILL PROVE OR REPUDIATE THIS AS FACT OR FICTION. WE ARE VERY ANXIOUS TO SEE IF OUR INFORMATION FINALLY COMES TO FRUITION. I BELIEVE OUR ENDURANCE IS SOON TO BE REWARDED.
5-25-2014 Newshound/Intel Guru BGG I don't see the "whole of" the National Alliance endorsing Maliki. I suspect there will be a "rebuilding " of a new National Alliance - without Maliki. The final solution is a little ways off. None of which HAS to mean there is some kind of "currency stalement"...it is not impossible to imagine the world powers may well do as they want BETWEEN this regime and the seating of the next GOI. If they feel confident they won't have to put up with Maliki's "Gerry Mandering" their processes they may enact the reforms they need to see before anyone else is allowed to come in and take advantage of the situation. Not impossible to believe...
5-25-2014 Newshound Guru Tlar the dead line for the NA to be organized and behind a candidate is June 14th...The NA has still not had a vote now but IMO they will move the process along quickly now and choose a PM candidate that they can take to the floor of the new parliament when it convenes on the 15th of June. My money is still on Chalabi. Maliki is out and he cannot win.
5-25-2014 Newshound/Intel Guru Arthur HANDS ARE BEING PLAYED IN A WAY THAT HAVE MADE IT FINALLY CONDUCIVE FOR THINGS TO POSITIVELY PROGRESS POLITICALLY AND ECONOMICALLY IN IRAQ ON AN UNPRECEDENTED SCALE. THE ECONOMIC AND FINANCE COMMITTEES WITH UN AND IMF ASSISTANCE HAVE DONE EVERYTHING THEY NEED TO DO, AND JUST SHORT OF A SEATED GOVT AND THE BUDGET AND REFORM LAW, THE CBI IS READY TO FINALLY ECONOMICALLY MIRROR IRAQ TO THE GLOBAL COMMUNITY. OF COURSE I RESERVE THE RIGHT TO BE AS DEAD WRONG AS ANYBODY ELSE AS WE ARE DEALING WITH IRAQ, BUT STARTING TOMORROW [SUNDAY] I BELIEVE EVENTS ARE ABOUT TO UNFOLD BETWEEN NOW AND JULY LIKE NEVER, EVER BEFORE. [post 2 of 2]
5-25-2014 Newshound/Intel Guru Arthur AS A REALITY INFORMATION PROVIDER, I ALWAYS ERR ON THE SIDE OF REMAINING GROUNDED OVER HYPE AND FOOLISHNESS. THAT BEING SAID, IT'S OK TO GET AT LEAST SEMI EXCITED WHEN WE HIT THE OCCASIONAL MAJOR WINDOWS THAT COME UP ONCE OR TWICE EACH YEAR. IMO WE ARE IN THE MOTHER OF ALL WINDOWS EVER STARTING FROM...MAY 25TH TO THE BEGINNING OF JULY. WITHOUT GOING INTO A LENGTHY INFORMATIONAL DIATRIBE AS TO WHY I FEEL THIS WAY, I THINK WE ARE CROSSING A MILESTONE IN THIS INVESTMENT WE HAVE NEVER EVER SEEN BEFORE. [post 1 of 2....stay tuned]
5-25-2014 Intel/Newshound Guru Poppy3 I HAVE REASON TO BELIEVE EVEN THE DETAILS OF THE STEPS TO BE TAKEN ARE CLOSELY GUARDED AND LIKE KUWAIT THERE WILL BE MISDIRECTION RUMOR PRIOR TO THE RELEASE AND THERE WILL BE MUCH OF IT FROM DIFFERENT SOURCES. WE ARE NOT SUPPOSED TO HAVE ANY WARNING AND WILL NOT...WE DO HOWEVER HAVE INFORMATION THAT THE RV IS ...WITHIN MALIKI'S DEALS HE IS OFFERING AND IF ANYONE CAN GET IT DONE HE IS THE MAN AS HE HAS PROVEN OVER AND OVER FOR YEARS. IF IT IS GOOD FOR MALIKI THEN IT WILL BE GOOD FOR US... [post 2 of 2]
5-25-2014 Intel/Newshound Guru Poppy3 ...MALIKI IS FIGHTING FOR EVERY VOTE TRYING TO GET THE THIRD TERM AND HE IS PANICKING TO MAKE DEALS WITH ANYONE THAT CAN HELP HIM GET HIS THIRD TERM AND...MANY ARE SAYING ABSOLUTELY NO TO A THIRD TERM. THE RV IS IN HANDS THAT YOU AND I WILL NEVER HEAR ANYTHING FROM AND THE TIMING WILL BE HELD IN THE STRICTEST OF CONFIDENCE TILL THE BUTTON IS PUSHED. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz33OrTnxzi
5-24-2014 Newshound Guru Millionday "Baghdad Osman Mukhtar source revealed prominent leader in the 'coalition united', on Friday, announced that the 'united bloc' and 'Kurdistan Alliance' have decided to take over the prime minister's refusal outgoing, Nuri al-Maliki, for a third term, and that at a meeting held this morning in the city of Arbil, in Iraqi Kurdistan." a meeting that states they are not allowing maliki to take a thrid term...that Maliki leaving will end the internal problems. this is absolute huge news.
5-24-2014 Intel Guru EXOGEN Live testing now...soon...at all the int'l banks, the US banks testing 100% confirmed. Maliki and Christine leGarde signed off the documents to release the RV yesterday! 100% confirmed. Jack Lew announcement is no longer needed. The plan is to put out misinformation. Maliki is no longer needed/wanted and will be gone.
5-24-2014 Intel Guru Mnt Goat The formal election results are coming out on Monday May 26th, as needed by law. My question now is – On Monday’s news will they show us the final, final coalition that will win or just a repeat of these preliminary results made formal. I think they will announce the winning coalition and tell us how it was formed. I still firmly believe we will not see any dinar revaluation until the new government is fully seated and stable.
5-24-2014 Newshound Guru Millionday Article quote: "...an MP for the Liberal bloc member of the Finance Committee Magda Tamimi Presidency of the Council of Representatives to convene an emergency session early next week to discuss the draft general budget bill." so we have the budget back on the table in an emergency session this coming week --- not a surprise at all but very nice to see it as expected.
5-24-2014 Intel Guru DC SURROUNDING NATIONS WHO HAVE PARTICULAR DEALS WITH IRAQ HAVE BEEN REASSURED HERE IN THE LAST FEW DAYS BY SOME OF THE HIGHEST PEOPLE THAT THIS INDEED WILL GO THROUGH VERY VERY QUICKLY. IN DC THE IMF IS ON MAJOR LOCKDOWN, UST ON MAJOR LOCKDOWN, EVERYBODY IS FULLY PREPARED. BANKS ARE QUEUED UP AGAIN. THIS IS GETTING SERIOUS AGAIN. I THINK WE'RE ON A DAY-TO-DAY BASIS. [post 2 of 2]
5-24-2014 Intel Guru DC CBI AND MALIKI ARE THE ONES WHO HAVE STOPPED IT FOR BASICALLY 3 OF THE PAST 3 or 4 NIGHTS...SAID NO WE'RE IN CHARGE NOW, IT'S OUR COUNTRY, WE'RE GOING TO DO IT ON OUR OWN TIMELINE. THEY WERE WARNED AGAIN IN THE MOSQUES... EVERYTHING LOOKS GOOD AND WE'RE GOING TO BE DOING A MAJOR ANNOUNCEMENT THIS WEEKEND, BE READY. [post 1 of 2....stay tuned]
5-24-2014 Newshound Guru Adam Montana [What are your thoughts on the President signing of the executive order 130333? Does this hurt us or help us...it didn't say how long the extension was for?] The renewal of EO13303 is to be expected pretty much every year until Iraq RVs. So, no surprise or change there.
5-24-2014 Intel Guru TNT Tony EVERYBODY'S PREPARED AND HAPPY. WE ARE HEARING RUMORS OF THINGS THAT ARE GOING ON. THINGS THAT ARE PREDICTED TO HAPPEN OVER THE HOLIDAY WEEKEND...THERE ARE CELEBRATIONS SCHEDULED THROUGHOUT THE WEEKEND AS SOON AS THIS IS FINALIZED, ANNOUNCEMENTS SHOULD BE MADE. THE BANKS JUST WENT BACK STARTING YESTERDAY, PUTTING PEOPLE ON STANDBY, THEY PUT THEIR PEOPLE BACK IN MOTION. WE'RE LOOKING GOOD, FROM NOW TILL TUESDAY MORNING WE'RE EXPECTING SOMETHING TO HAPPEN. EVERYTHING LOOKS LIKE WE'RE THERE THIS TIME.
5-23-2014 Newshound Guru Millionday meetings...with nasdaq and with forex and with the many international markets started years ago --- this step is huge and it is necessary for the entry to a market economy and also for the currency to be internationally recognized. now as far as some thinking it is the actual date for the value change and for the international rates is not necessarily wrong but this is not set in stone. [post 2 of 2]
5-23-2014 Newshound Guru Millionday the work that has been done on the isx to make it ready for the globe is massive and we have read many times things that they are doing to it for preparation. one of the things that we will see in the very near future -- in fact in the month of june will be the activation of the securities act for the isx and the country of Iraq. now what this will do will put into law the stock market laws and make them comply with all of the global stock markets. july 1st is when the platform for global entry is going to be activated for the isx which is different than how it is now because it is an internal market -- within Iraq. the change will be the global market capabilities that will be activated. now of course this is a huge huge market change and huge PROGRESS. [post 1 of 2....stay tuned]
5-23-2014 Newshound Guru Aggiedad77 Article: "Iraqi Kurds Ship Oil Through Region's Own Pipeline" Yes the Kurds have sold a million barrels of their oil through Ceyhan and it is headed to Europe...Baghdad apparently was not in the loop on this deal and it is expected they won't be none too happy about it either...Baghdad has stated in the past that they would withhold the Kurds 17% of the budget if they attempted to sell the oil...well guess what...there still is no budget...could the Kurds be using this sale of oil to their advantage when it comes to the election process...Maliki is still looking for an alliance with someone....could he find it again with the Kurds...if so I think they are smart enough to get more than a handshake or a piece of paper for the deal...the next few days could prove interesting.
5-23-2014 Intel/Newshound Guru Poppy3 HE SUSPECTS THE INTERNATIONAL BONDS THAT ARE NOW BEING BID ON WILL BE ACCEPTED SOON AND THAT THE RV WILL RELEASE VERY SOON AFTER THE NEW PRIME MINISTER AND CBI ENDORSE THE BACKING ON THE BONDS TO SUPPORT THEM? VERY INTERESTING AS I HEARD SIMILAR LAST WEEK FROM ONE OF MY SOURCES BUT THIS IS THE FIRST DUPLICATE CONFIRMATION OF THE SAME INFORMATION --- HANDLE THIS INFORMATION WITH CARE IT IS JUST A RUMOR AT THIS POINT...BUT THIS MAY HAVE MERIT. [post 2 of 2]
5-23-2014 Intel/Newshound Guru Poppy3 received a email...from a former business partner. Didn't even know he had dinar. He has received a RUMOR FROM HIS ACCOUNTANT AND MONEY MANAGER, REMEMBER I SAID THIS IS RUMOR--- NOTHING CONFIRMED, BUT HE SAYS THE GUY HAS ALWAYS BEEN CORRECT. HE WAS TOLD THE INCREASE IN VALUE WILL HAPPEN FOR SURE DURING THE MONTH OF JUNE AND THAT THE WINDOW WILL BE OPEN FROM JUNE 1 TILL THE LAST DAY OF JUNE. (post 1 of 2....stay tuned]
5-23-2014 Intel Guru MarkZ I have become skeptical at best of the reasons they give us for delays. The reality is all the steps weren't complete yet. I know from the inside looking out we are stinking close. I could see it anywhere from this weekend to the 15th. That is very logical.
5-23-2014 Intel Guru WILDDUCK THIS IS NOT ABOUT IRAQ THIS IS ABOUT TRYING TO FIX A SYSTEMIC PROBLEM OF GREED, HUNGER AND STRIFE TO THE BENEFIT OF A FEW, THAT GAME IS NOW OVER. THERE ARE NO ISSUES...THIS WILL LIMP INTO VIEW...AS WELL AS GETTING A PAYDAY. [wanted to know where your window is presently?] SITTING IN IT.
5-23-2014 Intel Guru Bluwolf There are no more excuses or disapproval in the scenario as off this communication. All questions pertaining to this revaluation event, (rates, timing, the players, etc.) nothing has changed and we only await for the US and the UK to stop placing obstacles and excuses or demands in this RV's path. [post 2 of 2]
5-23-2014 Intel Guru Bluwolf As you all already know the original plan states that it would be implemented after a long weekend, reason being in order to allow all worldwide banks to lock and load sufficient monies. According to plan all banks that are to participate need to be basil 3 compliant, this is mandatory and let it be known that by today's standards all are now gold backed. The muscling behind the scenes trying to push this GCR out even with all the sanctions given to nine of the twenty from the original and only basket it has been hard to be dealt with but they are bypassing the issues and all seems imminent to happen at any instant. [post 1 of 2....stay tuned]
5-23-2014 Intel Guru Mnt Goat It is my personal belief we will more than likely not see any revaluation of the IQD or GCR until just before or just after the fully formed functional government is announced to the world. I hearing they are aggressively moving towards the June 14th timeframe in this manner. So this is their plan. We should all feel relieved now in knowing we will in fact be able to exchange soon but on the terms of a factual timeline...
5-23-2014 Intel Guru MarkZ [does your intel think tomorrow or Sat?] I am looking for closer to next week personally. [ it seems like the RV date continues to be a moving target...do you believe will finally see it before Memorial Day?] It will be close but the target isn't capable of moving and dancing like it once was. [ if the rv doesn't happen by june 1, what will that mean?] That they didn't get a clear safe window. It WILL NOT BE A REASON TO PANIC THOUGH. We ALL have to stop getting wrapped up in exact dates. It WILL happen. It SHOULD be very soon. [post 2 of 2]
5-23-2014 Intel Guru MarkZ [will private banks and tier 2 banks have the opportunity to offer the contract rates?] I have been told they will absolutely have the chance. [is there really a chance of an RI w/ the VND...or is that something to much to consider IYO?] There is a chance and honestly a RI would rock. that would make it around 2.21 by my math. IMO. [Do the rates have to show first on the CBI?] no, but I expect them to show there at nearly the same time. [are we still looking and hoping for one basket of currencies to go at the same time?] yes. [ I...wanted to know if the rupiah was going to go at the same time as the IQD and VND or not until later?] yes then. Same basket. [post 1 of 2....stay tuned]
5-23-2014 Intel/Newshound Guru Poppy3 FROM WHAT I AM HEARING MALIKI LOST 40 MORE MEMBERS OF SUPPORT TODAY WITHIN THE SOL. IF TRUE HE CAN'T WIN ENOUGH SEATS PERIOD TO REMAIN PM. TIME WILL TELL. I DON'T THINK IT MATTERS ONE WAY OR THE OTHER AT THIS POINT I THINK THE IMF AND CBI JUST NEED TO KNOW WHO IS GOING TO BE THE PM. [how long before he would be officially out?] THEY STATED THEY WANT TO BE FINAL BY THE 25TH BUT YOU KNOW THEY ARE NEVER ON THE DATE THEY EXPECT AND THAT THEY BROADCAST TO US.
5-23-2014 Newshound Guru Millionday [Do you think that whoever is PM, or if the need for the PM to be in place will effect the timing of the event we are steadfastly waiting for?] no i dont -- i think it has absolutely nothing to do with it at all -- this is political news...with...absolutely no impact on the activation of the economic and monetary policy to be activated in the very near furture.
5-23-2014 Newshound Guru Adam Montana [with all the recent news & announcements it "seems " there is not a whole lot left to complete in order to make a currency adjustment. In your opinion, what is left to do?] Wrap up the elections, finalize HCL, RV the currency. [The terms of the HCL implemented though not passed AKA the Kurds OIL is flowing thru SOMO and Turkey pipelines. What does that say about how close we really are?] I think it says we are REALLY close! Baghdad is watching potential money slip right through it's fingers, and they need to get busy or lose out forever!
5-23-2014 Intel Guru TerryK [when are they saying this is happening... Finally?] ...MAYBE TONIGHT [THURSDAY/FRIDAY]...GET YOUR BAGS READY. THE PEEPS IM GETTING THIS FROM WERE SO EXCITED THEY HUNG UP TWICE ON ME TONIGHT. WELL I JUST GOT A NOTE, SAID ITS GOING TO BE A WONDERFUL NIGHT [THURSDAY/FRIDAY]...THAT'S ALL THEY SAID I CAN SAY, SO TAKE IT FOR WHAT ITS WORTH. NOTHING IS ABLE TO STOP IT ACCORDING TO THIS PEEP.
5-23-2014 Intel Guru MarkZ a short update. 1st: Everything is stellar. 2nd: It may actually be one of the best intel days of this crazy ride so far. 3rd: Okie looks to be close or at least within a few days. [What was Okie's prediction?] May 25th. 4th: BWoods [Betton Woods] ...went exactly as planned. Was it the public breaking point? Yes IMO [what about Zim? In the basket?] I was told today that it still is. [Do you think the VND will be more than .47?] yes. If it isn't I plan on holding on to mine in a MCA [MultiCurrency Account] until it reaches a reasonable level which I THINK will be around 2 which is closer to an RI rate. [are we there yet?] ding dang close... I do believe we are EXTREMELY close to the end.
5-23-2014 Newshound/Intel Guru BGG I don't think...there is a guarantee the Dinar has to be (more than it already is) internationally recognized for the ISX to "go live", JMHO. While this push for "economic liberalization" is a dead give-away - it isn't a "cinch" this HAS to happen at the same time. there's no rule book that says so...will it - probably...is that the "public indicator" - I doubt it. 5-22-2014 Newshound Guru Adam Montana 2. The Kurds are getting very serious and not wasting any time after having gained some political strength. 3. Under the Constitution of Iraq, they now have two scant months to form the government. Again, with Maliki’s current term coming to an end and the Kurds quickly gaining power, it’s in Iraq and Maliki’s best interest to move forward quickly. 4. To that end, we already have evidence that Maliki is indeed moving quickly. Everything I am seeing right now is pointing towards some serious activity, possibly before the end of June. Fingers crossed! [post 2 of 2]
5-22-2014 Newshound Guru Adam Montana I fully expect Maliki to keep his position. Some might think that’s a bad thing, but I don’t. Maliki is the most experienced person for the role and has established relationships with the key players in a potential RV. I’m not saying I like the guy, I’m just saying that it makes some sense to keep him in there. But how is the RV scene looking? Actually, it’s looking pretty good after the last couple weeks! Consider the following: 1. The Kurds picked up a few more seats, giving them more political power. The HCL needs to be finalized in order for an RV to be successful, and now that the Kurds have more “pull”, it’s going to force the rest of Iraq to give in on some things they have been holding out on. [post 1 of 2....stay tuned]
5-22-2014 Newshound Guru Aggiedad77 Article: "Can Maliki Win a Third Term?" Many seem unsure of whether Maliki will actually be able to pull off a third term or not. There are great numbers who do not wish to see this happen. In the meantime there is great posturing going on by Maliki and many others to the end of gaining the majority in Parliament to officially lay claim to the next leaders for Iraq....answers could be weeks or months away it appears.
5-22-2014 Newshound Guru Tlar Because they got 190 MP'S it is numerically impossible for Maliki to win. Maliki could not even win this election even illegally. The right to choose a PM belongs to the NA, not the SOL alone even though the SOL will get first pick. Once that is done the government will be put together quickly starting Jun 15th as everybody will already know who the top positions go to. One last thing...An article came out yesterday that is of great interest and it might lend credence to a July date for the RV. [post 2 of 2]
5-22-2014 Newshound Guru Tlar The elections are over. The coalition got approximately 190 MP'S in parliament. Maliki's party the SOL received 93 MP's. There is a basic miss-understanding in dinarland on what these results mean. There are many that think because Maliki's block got the most votes that he won. He did not. Iraq is a parliamentary system and in order for Maliki to win a third term he must get (one half plus one) meaning 165 MP'S to vote yes for him. Every member of the coalition has made it known that they want a non-sectarian government and NO Maliki as PM. [post 1 of 2....stay tuned]
5-22-2014 Intel Guru hub so to trade, they have to have a currency equal to the value of the countries resources...do i have to mention the yen was a wheelbarrow per gallon of milk, the duech mark was a wheelbarrow full for a loaf of bread , the peson was six bags full for a cold beer...and all have changed...this is coming, can not be stopped, may not be on our time schedule but is coming as it needs to be...we are watching history happen...we are watching the rebirth of iraq and world currencies, this is history...so hang on...we are there. [post 2 of 2]
5-22-2014 Intel Guru hub i think we are in the end times for this occurrence. iraq has had a valuable currency for hundreds of years...1955 = #2.55 per dinar...1990= $3.22, now how can the most valuable country in the world...750000000 barrels of oil known, twice as much gas, gold, diamonds, and iraq is the largest producer of food in the region, have the most worthless currency except for two or three countries ...economics 101 teaches us that they have something the world wants and is willing to pay for it...and then iraq wants f16s and apaches and cadillacs and all the other stuff the world produces...so the currency has to be valued at a world market price. [post 1 of 2....stay tuned]
5-22-2014 Intel Guru EXOGEN The Bretton Woods meeting today put SANTA on HIS WAY! It was NOT a meeting...It was a FIGHT The Fact that he is NOW COMING! Is the BEST NEWS EVER! The Fact that he can NO LONGER be STOPPED from making Deliveries is EVEN BETTER NEWS!
5-22-2014 Newshound Guru Kaperoni Article: "Al-Maliki himself as Prime Minister for a third session, reaching out to the Kurds and Sunnis" [Well, there you have it. Maliki has co-opted the entire nomination process and put himself up for PM. I can't wait to see what the folks in his own party have to say about it.] And so many thought he would just pack and leave town. This even surprises me as he has gone beyond squatting and given himself the title.
5-22-2014 Newshound Guru Millionday CBI has control over the value and the international rates -- it is their job --- CBI can place the value and also the exchange rates.
5-22-2014 Intel Guru DC [via Adept1] I do believe it’s in the IMF’s hands as a coordinator. The UST have given the go signal to the IMF. Maliki has basically been told that if he gets this done he will be PM again, so that’s all very positive. The IMF is in charge of coordination. They have to encourage and keep everyone in line while Maliki does his job. We are pretty much just waiting for the IMF to push the button. I think it’s very, very strong between now and the end of the weekend. I don’t want to give a specific time, because of the ups and downs.
5-22-2014 Intel Guru MarkZ All is good...The news today has been everything from good to bizarre. Nothing seems to have changed though. We look to be right on track and moving along.
5-22-2014 Intel Guru Frank26 WHO IS THERE? CHRISTINE LAGARDE HEAD OF THE IMF WHO HAS BEEN SAYING SOME NICE THINGS ABOUT IRAQ LATELY. WHO ELSE IS THERE? JOHN MCCAIN WHO ONLY ANSWERS TO [BUSH?] SR AND JR AND UNDERSTANDS WHAT THESE TWO FORMER PRESIDENTS ARE DOING. WHO ELSE? OHHHHH...JUST THE FORMER FEDERAL RESERVE CHAIRMAN WHO SERVED UNDER GEORGE W BUSH SR. …PAUL VOLKER WHO BY THE WAY IS ONLY THE AUTHOR OF VOLKER RULE LAW. IS THE BIS THERE? LOL...WATCHING EVERYTHING BECAUSE EVERYONE AT THIS MEETING ONLY ANSWERS TO THE BIS. NOW HERE IS THE BEAUTY TO WHERE WE ARE AT RIGHT NOW. IT IS CALLED...THE TIMING OF IT ALL. [post 2 of 2]
5-22-2014 Intel Guru Frank26 O [Obama] HAS NOTHING TO DO WITH THE MR (Monetary Reform) TO BRING FORTH AN IR (International Rate) ONCE THE CBI HAS FULFILLED ARTICLE 8 COMPLIANCE OF THE IMF. BRETTON WOODS COMMITTEE HAS EVERYONE FROM THE WORLD BANK TO THE IMF REPRESENTED AT THIS MEETING. POWERHOUSES OF THE FINANCIAL WORLD!!! NOW MAY I BEG TO ASK A QUESTION? IS O AT THIS MEETING? NOPE. IS BIDEN. NOPE. IS JACK LEW. NOPE. WHY? BECAUSE THEY HAVE NOTHING TO DO WITH THE MR OF THE IQD. [post 1of 2....stay tuned] 5-21-2014 Newshound Guru Tlar Bad news lately? Guys...the news is what we have been hoping for. Maliki has lost as long as the coalition sticks together. We expect the coalition to hang tight. This is a parliamentary system. He loses unless the coalition breaks. He is trying to pretend he is the big winner in all of this. 190 trumps 95 or 93 or what ever. Maliki can not be PM unless he can get 165. He is finished. No way to be PM. AS LONG AS HE CANT BREAK THE COALITION, ITS OVER.
5-21-2014 Intel Guru TNT Tony Although Maliki’s group won the elections in Iraq, they got 92 points or votes, we are hearing he is or isn’t being the Prime Minister… even though the numbers are in place, they had an agreement that has not been finalized. The agreement is that if M can produce what he said he could produce – the RI and RV – then he gets to remain PM. If not, someone else in his party will be PM. ...we are in a good position...it could be ten minutes from now or ten hours from now. I’m excited! There is a time line, but we will not have a heads up, it will just pop. [post 2 of 2]
5-21-2014 Intel Guru TNT Tony [via Adept1] Everyone has now been told to BE ready, not to GET ready. The IMF is calling the shots, and they want to get this party started. They have told anyone who wants to stop this that is has to be in writing so that they can track it back. It has to be within international law. Everyone has been warned that this has gone on long enough, and if anyone does anything it will be tried under international law. [post 1 of 2....stay tuned]
5-21-2014 Newshound Guru tlm724 Article: "Law on the Protection of Iraqi products No. 11 for the year 2010 (Revised) ~ AMENDED" in a nutshell they are imposing fines for dumping...In economics, "dumping" is a kind of predatory pricing, especially in the context of international trade...! taking control of imports and increasing exports! Getting the tariffs applied too! all needed and getting closer everyday to WTO.
5-21-2014 Newshound Guru Millionday [can they forego Obama's extension of EO 13303?] they can forego the extension and not take advantage of the option -- it is their money and they have control over it so they can choose as far as what i have found in the agreements. i personally cant wait to see if the protection remains or if the funds are transferred...the next few days will be interesting to say the least. [post 2 of 2]
5-21-2014 Newshound Guru Millionday Article quote: "The Ministry of Finance all measures to protect Iraqi funds with the approach of lifting the immunity of the U.S..." this was reported today that all protection will be lifted from the US and that it still will be on the 22nd of this month according to this. they are still negotiating debt settlement as if the protection is ending on the 22nd of this month so very different than some reports coming out of some sources. according to this --- they do not want to wait because of the investment agreements made and the progress they have made -- huge news that they want to move forward as they have planned. [post 1 of 2....stay tuned]
5-21-2014 Intel Guru TerryK ...ONCE THE NEW PM [PRIME MINISTER] TAKES SEAT, NOT M [MALIKI], THEN THE RELEASE WILL COME AND WE WILL HAVE THE RV OR RI. THE DATE WAS GIVEN TODAY AS WE MAY SEE THIS LATE TONIGHT [TUESDAY]... NO LATER THAN JUNE 15TH. TREAT ALL THIS AS RUMOR.
5-21-2014 Intel Guru MarkZ [So in your best "guess", should be we expect this thing to pop on or before May 31?] I am honestly looking for sooner but with that said I am not leaving the day job and will continue to keep grounded and working until I LEAVE the bank a wealthier man. [ (Guru) okie said may 25.] Actually logistically his date makes enormous sense. [does it matter if Maliki is or isn't elected pm?] The original plan was for him to release the rv and then to resign soon after. [So we shouldn't be too concerned about what is happening with the Iraq elections to impact when the RV is done?] no worries with the elections. The biggest thing we have to do now is stay positive but grounded. Optimistic and realistic. [post 2 of 2]
5-21-2014 Intel Guru MarkZ [how long do you think it will take to get the rates to the teller level?] 48 hours after the reset. [48 hours after the reset...when do you see that reset happening?] That is the part I shouldn't answer, I will say if they all row the same direction it could be this week yet. I hope that is comforting but still vague enough. [I heard forex pairing was showing rates. Can you confirm?] It has been but only during off hours, I believe they are testing it. [Whose holding it up iraq or usa?] No one is holding it up now. IMO. [what was the purpose in the open ended extension of EO13303?] It wasn't really open ended. They knew attaching the date would expose the RV timeline. [post 1 of 2....stay tuned]
5-21-2014 Newshound Guru Millionday [is there a particular date that they must have a new sitting Government/Parliament by?] the UN said 15 days -- they seem to be in a huge huge rush so it will not be like last time that i can tell you -- totally different scenario all together. [any ink on Parliament meeting on the budget?] not yet, just that it is after the official results are released which they say happened today. [ I know I've heard June 1 and mid year but don't remember the specifics.] a couple days ago the UN demanded that Iraq have their projects going by june 1st.
Read more: http://www.dinarguru.com/#ixzz32kBHfnHZ
5-24-2014 Intel Guru EXOGEN Live testing now...soon...at all the int'l banks, the US banks testing 100% confirmed. Maliki and Christine leGarde signed off the documents to release the RV yesterday! 100% confirmed. Jack Lew announcement is no longer needed. The plan is to put out misinformation. Maliki is no longer needed/wanted and will be gone.
5-24-2014 Intel Guru Mnt Goat The formal election results are coming out on Monday May 26th, as needed by law. My question now is – On Monday’s news will they show us the final, final coalition that will win or just a repeat of these preliminary results made formal. I think they will announce the winning coalition and tell us how it was formed. I still firmly believe we will not see any dinar revaluation until the new government is fully seated and stable.
5-24-2014 Newshound Guru Millionday Article quote: "...an MP for the Liberal bloc member of the Finance Committee Magda Tamimi Presidency of the Council of Representatives to convene an emergency session early next week to discuss the draft general budget bill." so we have the budget back on the table in an emergency session this coming week --- not a surprise at all but very nice to see it as expected.
5-24-2014 Intel Guru DC SURROUNDING NATIONS WHO HAVE PARTICULAR DEALS WITH IRAQ HAVE BEEN REASSURED HERE IN THE LAST FEW DAYS BY SOME OF THE HIGHEST PEOPLE THAT THIS INDEED WILL GO THROUGH VERY VERY QUICKLY. IN DC THE IMF IS ON MAJOR LOCKDOWN, UST ON MAJOR LOCKDOWN, EVERYBODY IS FULLY PREPARED. BANKS ARE QUEUED UP AGAIN. THIS IS GETTING SERIOUS AGAIN. I THINK WE'RE ON A DAY-TO-DAY BASIS. [post 2 of 2]
5-24-2014 Intel Guru DC CBI AND MALIKI ARE THE ONES WHO HAVE STOPPED IT FOR BASICALLY 3 OF THE PAST 3 or 4 NIGHTS...SAID NO WE'RE IN CHARGE NOW, IT'S OUR COUNTRY, WE'RE GOING TO DO IT ON OUR OWN TIMELINE. THEY WERE WARNED AGAIN IN THE MOSQUES... EVERYTHING LOOKS GOOD AND WE'RE GOING TO BE DOING A MAJOR ANNOUNCEMENT THIS WEEKEND, BE READY. [post 1 of 2....stay tuned]
5-24-2014 Newshound Guru Adam Montana [What are your thoughts on the President signing of the executive order 130333? Does this hurt us or help us...it didn't say how long the extension was for?] The renewal of EO13303 is to be expected pretty much every year until Iraq RVs. So, no surprise or change there.
5-24-2014 Intel Guru TNT Tony EVERYBODY'S PREPARED AND HAPPY. WE ARE HEARING RUMORS OF THINGS THAT ARE GOING ON. THINGS THAT ARE PREDICTED TO HAPPEN OVER THE HOLIDAY WEEKEND...THERE ARE CELEBRATIONS SCHEDULED THROUGHOUT THE WEEKEND AS SOON AS THIS IS FINALIZED, ANNOUNCEMENTS SHOULD BE MADE. THE BANKS JUST WENT BACK STARTING YESTERDAY, PUTTING PEOPLE ON STANDBY, THEY PUT THEIR PEOPLE BACK IN MOTION. WE'RE LOOKING GOOD, FROM NOW TILL TUESDAY MORNING WE'RE EXPECTING SOMETHING TO HAPPEN. EVERYTHING LOOKS LIKE WE'RE THERE THIS TIME.
5-23-2014 Newshound Guru Millionday meetings...with nasdaq and with forex and with the many international markets started years ago --- this step is huge and it is necessary for the entry to a market economy and also for the currency to be internationally recognized. now as far as some thinking it is the actual date for the value change and for the international rates is not necessarily wrong but this is not set in stone. [post 2 of 2]
5-23-2014 Newshound Guru Millionday the work that has been done on the isx to make it ready for the globe is massive and we have read many times things that they are doing to it for preparation. one of the things that we will see in the very near future -- in fact in the month of june will be the activation of the securities act for the isx and the country of Iraq. now what this will do will put into law the stock market laws and make them comply with all of the global stock markets. july 1st is when the platform for global entry is going to be activated for the isx which is different than how it is now because it is an internal market -- within Iraq. the change will be the global market capabilities that will be activated. now of course this is a huge huge market change and huge PROGRESS. [post 1 of 2....stay tuned]
5-23-2014 Newshound Guru Aggiedad77 Article: "Iraqi Kurds Ship Oil Through Region's Own Pipeline" Yes the Kurds have sold a million barrels of their oil through Ceyhan and it is headed to Europe...Baghdad apparently was not in the loop on this deal and it is expected they won't be none too happy about it either...Baghdad has stated in the past that they would withhold the Kurds 17% of the budget if they attempted to sell the oil...well guess what...there still is no budget...could the Kurds be using this sale of oil to their advantage when it comes to the election process...Maliki is still looking for an alliance with someone....could he find it again with the Kurds...if so I think they are smart enough to get more than a handshake or a piece of paper for the deal...the next few days could prove interesting.
5-23-2014 Intel/Newshound Guru Poppy3 HE SUSPECTS THE INTERNATIONAL BONDS THAT ARE NOW BEING BID ON WILL BE ACCEPTED SOON AND THAT THE RV WILL RELEASE VERY SOON AFTER THE NEW PRIME MINISTER AND CBI ENDORSE THE BACKING ON THE BONDS TO SUPPORT THEM? VERY INTERESTING AS I HEARD SIMILAR LAST WEEK FROM ONE OF MY SOURCES BUT THIS IS THE FIRST DUPLICATE CONFIRMATION OF THE SAME INFORMATION --- HANDLE THIS INFORMATION WITH CARE IT IS JUST A RUMOR AT THIS POINT...BUT THIS MAY HAVE MERIT. [post 2 of 2]
5-23-2014 Intel/Newshound Guru Poppy3 received a email...from a former business partner. Didn't even know he had dinar. He has received a RUMOR FROM HIS ACCOUNTANT AND MONEY MANAGER, REMEMBER I SAID THIS IS RUMOR--- NOTHING CONFIRMED, BUT HE SAYS THE GUY HAS ALWAYS BEEN CORRECT. HE WAS TOLD THE INCREASE IN VALUE WILL HAPPEN FOR SURE DURING THE MONTH OF JUNE AND THAT THE WINDOW WILL BE OPEN FROM JUNE 1 TILL THE LAST DAY OF JUNE. (post 1 of 2....stay tuned]
5-23-2014 Intel Guru MarkZ I have become skeptical at best of the reasons they give us for delays. The reality is all the steps weren't complete yet. I know from the inside looking out we are stinking close. I could see it anywhere from this weekend to the 15th. That is very logical.
5-23-2014 Intel Guru WILDDUCK THIS IS NOT ABOUT IRAQ THIS IS ABOUT TRYING TO FIX A SYSTEMIC PROBLEM OF GREED, HUNGER AND STRIFE TO THE BENEFIT OF A FEW, THAT GAME IS NOW OVER. THERE ARE NO ISSUES...THIS WILL LIMP INTO VIEW...AS WELL AS GETTING A PAYDAY. [wanted to know where your window is presently?] SITTING IN IT.
5-23-2014 Intel Guru Bluwolf There are no more excuses or disapproval in the scenario as off this communication. All questions pertaining to this revaluation event, (rates, timing, the players, etc.) nothing has changed and we only await for the US and the UK to stop placing obstacles and excuses or demands in this RV's path. [post 2 of 2]
5-23-2014 Intel Guru Bluwolf As you all already know the original plan states that it would be implemented after a long weekend, reason being in order to allow all worldwide banks to lock and load sufficient monies. According to plan all banks that are to participate need to be basil 3 compliant, this is mandatory and let it be known that by today's standards all are now gold backed. The muscling behind the scenes trying to push this GCR out even with all the sanctions given to nine of the twenty from the original and only basket it has been hard to be dealt with but they are bypassing the issues and all seems imminent to happen at any instant. [post 1 of 2....stay tuned]
5-23-2014 Intel Guru Mnt Goat It is my personal belief we will more than likely not see any revaluation of the IQD or GCR until just before or just after the fully formed functional government is announced to the world. I hearing they are aggressively moving towards the June 14th timeframe in this manner. So this is their plan. We should all feel relieved now in knowing we will in fact be able to exchange soon but on the terms of a factual timeline...
5-23-2014 Intel Guru MarkZ [does your intel think tomorrow or Sat?] I am looking for closer to next week personally. [ it seems like the RV date continues to be a moving target...do you believe will finally see it before Memorial Day?] It will be close but the target isn't capable of moving and dancing like it once was. [ if the rv doesn't happen by june 1, what will that mean?] That they didn't get a clear safe window. It WILL NOT BE A REASON TO PANIC THOUGH. We ALL have to stop getting wrapped up in exact dates. It WILL happen. It SHOULD be very soon. [post 2 of 2]
5-23-2014 Intel Guru MarkZ [will private banks and tier 2 banks have the opportunity to offer the contract rates?] I have been told they will absolutely have the chance. [is there really a chance of an RI w/ the VND...or is that something to much to consider IYO?] There is a chance and honestly a RI would rock. that would make it around 2.21 by my math. IMO. [Do the rates have to show first on the CBI?] no, but I expect them to show there at nearly the same time. [are we still looking and hoping for one basket of currencies to go at the same time?] yes. [ I...wanted to know if the rupiah was going to go at the same time as the IQD and VND or not until later?] yes then. Same basket. [post 1 of 2....stay tuned]
5-23-2014 Intel/Newshound Guru Poppy3 FROM WHAT I AM HEARING MALIKI LOST 40 MORE MEMBERS OF SUPPORT TODAY WITHIN THE SOL. IF TRUE HE CAN'T WIN ENOUGH SEATS PERIOD TO REMAIN PM. TIME WILL TELL. I DON'T THINK IT MATTERS ONE WAY OR THE OTHER AT THIS POINT I THINK THE IMF AND CBI JUST NEED TO KNOW WHO IS GOING TO BE THE PM. [how long before he would be officially out?] THEY STATED THEY WANT TO BE FINAL BY THE 25TH BUT YOU KNOW THEY ARE NEVER ON THE DATE THEY EXPECT AND THAT THEY BROADCAST TO US.
5-23-2014 Newshound Guru Millionday [Do you think that whoever is PM, or if the need for the PM to be in place will effect the timing of the event we are steadfastly waiting for?] no i dont -- i think it has absolutely nothing to do with it at all -- this is political news...with...absolutely no impact on the activation of the economic and monetary policy to be activated in the very near furture.
5-23-2014 Newshound Guru Adam Montana [with all the recent news & announcements it "seems " there is not a whole lot left to complete in order to make a currency adjustment. In your opinion, what is left to do?] Wrap up the elections, finalize HCL, RV the currency. [The terms of the HCL implemented though not passed AKA the Kurds OIL is flowing thru SOMO and Turkey pipelines. What does that say about how close we really are?] I think it says we are REALLY close! Baghdad is watching potential money slip right through it's fingers, and they need to get busy or lose out forever!
5-23-2014 Intel Guru TerryK [when are they saying this is happening... Finally?] ...MAYBE TONIGHT [THURSDAY/FRIDAY]...GET YOUR BAGS READY. THE PEEPS IM GETTING THIS FROM WERE SO EXCITED THEY HUNG UP TWICE ON ME TONIGHT. WELL I JUST GOT A NOTE, SAID ITS GOING TO BE A WONDERFUL NIGHT [THURSDAY/FRIDAY]...THAT'S ALL THEY SAID I CAN SAY, SO TAKE IT FOR WHAT ITS WORTH. NOTHING IS ABLE TO STOP IT ACCORDING TO THIS PEEP.
5-23-2014 Intel Guru MarkZ a short update. 1st: Everything is stellar. 2nd: It may actually be one of the best intel days of this crazy ride so far. 3rd: Okie looks to be close or at least within a few days. [What was Okie's prediction?] May 25th. 4th: BWoods [Betton Woods] ...went exactly as planned. Was it the public breaking point? Yes IMO [what about Zim? In the basket?] I was told today that it still is. [Do you think the VND will be more than .47?] yes. If it isn't I plan on holding on to mine in a MCA [MultiCurrency Account] until it reaches a reasonable level which I THINK will be around 2 which is closer to an RI rate. [are we there yet?] ding dang close... I do believe we are EXTREMELY close to the end.
5-23-2014 Newshound/Intel Guru BGG I don't think...there is a guarantee the Dinar has to be (more than it already is) internationally recognized for the ISX to "go live", JMHO. While this push for "economic liberalization" is a dead give-away - it isn't a "cinch" this HAS to happen at the same time. there's no rule book that says so...will it - probably...is that the "public indicator" - I doubt it. 5-22-2014 Newshound Guru Adam Montana 2. The Kurds are getting very serious and not wasting any time after having gained some political strength. 3. Under the Constitution of Iraq, they now have two scant months to form the government. Again, with Maliki’s current term coming to an end and the Kurds quickly gaining power, it’s in Iraq and Maliki’s best interest to move forward quickly. 4. To that end, we already have evidence that Maliki is indeed moving quickly. Everything I am seeing right now is pointing towards some serious activity, possibly before the end of June. Fingers crossed! [post 2 of 2]
5-22-2014 Newshound Guru Adam Montana I fully expect Maliki to keep his position. Some might think that’s a bad thing, but I don’t. Maliki is the most experienced person for the role and has established relationships with the key players in a potential RV. I’m not saying I like the guy, I’m just saying that it makes some sense to keep him in there. But how is the RV scene looking? Actually, it’s looking pretty good after the last couple weeks! Consider the following: 1. The Kurds picked up a few more seats, giving them more political power. The HCL needs to be finalized in order for an RV to be successful, and now that the Kurds have more “pull”, it’s going to force the rest of Iraq to give in on some things they have been holding out on. [post 1 of 2....stay tuned]
5-22-2014 Newshound Guru Aggiedad77 Article: "Can Maliki Win a Third Term?" Many seem unsure of whether Maliki will actually be able to pull off a third term or not. There are great numbers who do not wish to see this happen. In the meantime there is great posturing going on by Maliki and many others to the end of gaining the majority in Parliament to officially lay claim to the next leaders for Iraq....answers could be weeks or months away it appears.
5-22-2014 Newshound Guru Tlar Because they got 190 MP'S it is numerically impossible for Maliki to win. Maliki could not even win this election even illegally. The right to choose a PM belongs to the NA, not the SOL alone even though the SOL will get first pick. Once that is done the government will be put together quickly starting Jun 15th as everybody will already know who the top positions go to. One last thing...An article came out yesterday that is of great interest and it might lend credence to a July date for the RV. [post 2 of 2]
5-22-2014 Newshound Guru Tlar The elections are over. The coalition got approximately 190 MP'S in parliament. Maliki's party the SOL received 93 MP's. There is a basic miss-understanding in dinarland on what these results mean. There are many that think because Maliki's block got the most votes that he won. He did not. Iraq is a parliamentary system and in order for Maliki to win a third term he must get (one half plus one) meaning 165 MP'S to vote yes for him. Every member of the coalition has made it known that they want a non-sectarian government and NO Maliki as PM. [post 1 of 2....stay tuned]
5-22-2014 Intel Guru hub so to trade, they have to have a currency equal to the value of the countries resources...do i have to mention the yen was a wheelbarrow per gallon of milk, the duech mark was a wheelbarrow full for a loaf of bread , the peson was six bags full for a cold beer...and all have changed...this is coming, can not be stopped, may not be on our time schedule but is coming as it needs to be...we are watching history happen...we are watching the rebirth of iraq and world currencies, this is history...so hang on...we are there. [post 2 of 2]
5-22-2014 Intel Guru hub i think we are in the end times for this occurrence. iraq has had a valuable currency for hundreds of years...1955 = #2.55 per dinar...1990= $3.22, now how can the most valuable country in the world...750000000 barrels of oil known, twice as much gas, gold, diamonds, and iraq is the largest producer of food in the region, have the most worthless currency except for two or three countries ...economics 101 teaches us that they have something the world wants and is willing to pay for it...and then iraq wants f16s and apaches and cadillacs and all the other stuff the world produces...so the currency has to be valued at a world market price. [post 1 of 2....stay tuned]
5-22-2014 Intel Guru EXOGEN The Bretton Woods meeting today put SANTA on HIS WAY! It was NOT a meeting...It was a FIGHT The Fact that he is NOW COMING! Is the BEST NEWS EVER! The Fact that he can NO LONGER be STOPPED from making Deliveries is EVEN BETTER NEWS!
5-22-2014 Newshound Guru Kaperoni Article: "Al-Maliki himself as Prime Minister for a third session, reaching out to the Kurds and Sunnis" [Well, there you have it. Maliki has co-opted the entire nomination process and put himself up for PM. I can't wait to see what the folks in his own party have to say about it.] And so many thought he would just pack and leave town. This even surprises me as he has gone beyond squatting and given himself the title.
5-22-2014 Newshound Guru Millionday CBI has control over the value and the international rates -- it is their job --- CBI can place the value and also the exchange rates.
5-22-2014 Intel Guru DC [via Adept1] I do believe it’s in the IMF’s hands as a coordinator. The UST have given the go signal to the IMF. Maliki has basically been told that if he gets this done he will be PM again, so that’s all very positive. The IMF is in charge of coordination. They have to encourage and keep everyone in line while Maliki does his job. We are pretty much just waiting for the IMF to push the button. I think it’s very, very strong between now and the end of the weekend. I don’t want to give a specific time, because of the ups and downs.
5-22-2014 Intel Guru MarkZ All is good...The news today has been everything from good to bizarre. Nothing seems to have changed though. We look to be right on track and moving along.
5-22-2014 Intel Guru Frank26 WHO IS THERE? CHRISTINE LAGARDE HEAD OF THE IMF WHO HAS BEEN SAYING SOME NICE THINGS ABOUT IRAQ LATELY. WHO ELSE IS THERE? JOHN MCCAIN WHO ONLY ANSWERS TO [BUSH?] SR AND JR AND UNDERSTANDS WHAT THESE TWO FORMER PRESIDENTS ARE DOING. WHO ELSE? OHHHHH...JUST THE FORMER FEDERAL RESERVE CHAIRMAN WHO SERVED UNDER GEORGE W BUSH SR. …PAUL VOLKER WHO BY THE WAY IS ONLY THE AUTHOR OF VOLKER RULE LAW. IS THE BIS THERE? LOL...WATCHING EVERYTHING BECAUSE EVERYONE AT THIS MEETING ONLY ANSWERS TO THE BIS. NOW HERE IS THE BEAUTY TO WHERE WE ARE AT RIGHT NOW. IT IS CALLED...THE TIMING OF IT ALL. [post 2 of 2]
5-22-2014 Intel Guru Frank26 O [Obama] HAS NOTHING TO DO WITH THE MR (Monetary Reform) TO BRING FORTH AN IR (International Rate) ONCE THE CBI HAS FULFILLED ARTICLE 8 COMPLIANCE OF THE IMF. BRETTON WOODS COMMITTEE HAS EVERYONE FROM THE WORLD BANK TO THE IMF REPRESENTED AT THIS MEETING. POWERHOUSES OF THE FINANCIAL WORLD!!! NOW MAY I BEG TO ASK A QUESTION? IS O AT THIS MEETING? NOPE. IS BIDEN. NOPE. IS JACK LEW. NOPE. WHY? BECAUSE THEY HAVE NOTHING TO DO WITH THE MR OF THE IQD. [post 1of 2....stay tuned] 5-21-2014 Newshound Guru Tlar Bad news lately? Guys...the news is what we have been hoping for. Maliki has lost as long as the coalition sticks together. We expect the coalition to hang tight. This is a parliamentary system. He loses unless the coalition breaks. He is trying to pretend he is the big winner in all of this. 190 trumps 95 or 93 or what ever. Maliki can not be PM unless he can get 165. He is finished. No way to be PM. AS LONG AS HE CANT BREAK THE COALITION, ITS OVER.
5-21-2014 Intel Guru TNT Tony Although Maliki’s group won the elections in Iraq, they got 92 points or votes, we are hearing he is or isn’t being the Prime Minister… even though the numbers are in place, they had an agreement that has not been finalized. The agreement is that if M can produce what he said he could produce – the RI and RV – then he gets to remain PM. If not, someone else in his party will be PM. ...we are in a good position...it could be ten minutes from now or ten hours from now. I’m excited! There is a time line, but we will not have a heads up, it will just pop. [post 2 of 2]
5-21-2014 Intel Guru TNT Tony [via Adept1] Everyone has now been told to BE ready, not to GET ready. The IMF is calling the shots, and they want to get this party started. They have told anyone who wants to stop this that is has to be in writing so that they can track it back. It has to be within international law. Everyone has been warned that this has gone on long enough, and if anyone does anything it will be tried under international law. [post 1 of 2....stay tuned]
5-21-2014 Newshound Guru tlm724 Article: "Law on the Protection of Iraqi products No. 11 for the year 2010 (Revised) ~ AMENDED" in a nutshell they are imposing fines for dumping...In economics, "dumping" is a kind of predatory pricing, especially in the context of international trade...! taking control of imports and increasing exports! Getting the tariffs applied too! all needed and getting closer everyday to WTO.
5-21-2014 Newshound Guru Millionday [can they forego Obama's extension of EO 13303?] they can forego the extension and not take advantage of the option -- it is their money and they have control over it so they can choose as far as what i have found in the agreements. i personally cant wait to see if the protection remains or if the funds are transferred...the next few days will be interesting to say the least. [post 2 of 2]
5-21-2014 Newshound Guru Millionday Article quote: "The Ministry of Finance all measures to protect Iraqi funds with the approach of lifting the immunity of the U.S..." this was reported today that all protection will be lifted from the US and that it still will be on the 22nd of this month according to this. they are still negotiating debt settlement as if the protection is ending on the 22nd of this month so very different than some reports coming out of some sources. according to this --- they do not want to wait because of the investment agreements made and the progress they have made -- huge news that they want to move forward as they have planned. [post 1 of 2....stay tuned]
5-21-2014 Intel Guru TerryK ...ONCE THE NEW PM [PRIME MINISTER] TAKES SEAT, NOT M [MALIKI], THEN THE RELEASE WILL COME AND WE WILL HAVE THE RV OR RI. THE DATE WAS GIVEN TODAY AS WE MAY SEE THIS LATE TONIGHT [TUESDAY]... NO LATER THAN JUNE 15TH. TREAT ALL THIS AS RUMOR.
5-21-2014 Intel Guru MarkZ [So in your best "guess", should be we expect this thing to pop on or before May 31?] I am honestly looking for sooner but with that said I am not leaving the day job and will continue to keep grounded and working until I LEAVE the bank a wealthier man. [ (Guru) okie said may 25.] Actually logistically his date makes enormous sense. [does it matter if Maliki is or isn't elected pm?] The original plan was for him to release the rv and then to resign soon after. [So we shouldn't be too concerned about what is happening with the Iraq elections to impact when the RV is done?] no worries with the elections. The biggest thing we have to do now is stay positive but grounded. Optimistic and realistic. [post 2 of 2]
5-21-2014 Intel Guru MarkZ [how long do you think it will take to get the rates to the teller level?] 48 hours after the reset. [48 hours after the reset...when do you see that reset happening?] That is the part I shouldn't answer, I will say if they all row the same direction it could be this week yet. I hope that is comforting but still vague enough. [I heard forex pairing was showing rates. Can you confirm?] It has been but only during off hours, I believe they are testing it. [Whose holding it up iraq or usa?] No one is holding it up now. IMO. [what was the purpose in the open ended extension of EO13303?] It wasn't really open ended. They knew attaching the date would expose the RV timeline. [post 1 of 2....stay tuned]
5-21-2014 Newshound Guru Millionday [is there a particular date that they must have a new sitting Government/Parliament by?] the UN said 15 days -- they seem to be in a huge huge rush so it will not be like last time that i can tell you -- totally different scenario all together. [any ink on Parliament meeting on the budget?] not yet, just that it is after the official results are released which they say happened today. [ I know I've heard June 1 and mid year but don't remember the specifics.] a couple days ago the UN demanded that Iraq have their projects going by june 1st.
Read more: http://www.dinarguru.com/#ixzz32kBHfnHZ
5-20-2014 Intel/Newshound Guru Poppy3 ALL MY SOURCES STILL SAYING IN LIGHT OF THE POLITICAL SITUATION AT THIS TIME MAY CREATE A MILD SLOW DOWN TO FIND OUT WHO THE POWERS THAT WILL BE TO GET SETTLED INTO PLACE BUT IRAQ HAS MOVED FORWARD FAST FOR MONTHS NOW. THEY HAVE NOT DONE ANYTHING INTENTIONALLY TO SLOW THINGS DOWN. THEY ARE CONTINUING TO MOVE FORWARD...OTHER THAN THE RV HAPPENING WHAT COULD BE BETTER THAN THE POSITION WE ARE IN. WE ARE NOT STATUS QUO, WE ARE REACHING OUR GOAL OF RECEIVING WHAT WE INVESTED FOR IN THE FIRST PLACE.
5-20-2014 Intel Guru MarkZ The bond end of this is humming in anticipation for mid week, the banking end of it started quietly preparing for mid week this week. We have news from the sand pile that they are indeed ready to exchange and we have an unconfirmed report that the Kurdistan region started yesterday. We are not 100% sure where we are! We know we are close. Based on what I am seeing this week is not out of the realm of possibilities but a three day weekend would be the logistical homerun, IMO. [do u still think before end of month?] absolutely. Rates in the US have been seen by two of my in bank contacts...
5-20-2014 Newshound/Intel Guru BGG Here's the big news...if you add up various parties whom I believe will make up the "opposition" or partnership government - in the next term... It is - Hakim - 30 seats...Sadr - 31 seats...Allawi - 21 seats...Najafi - 28 seats...Mutlak - 11 seats...KDP - 25 seats and PUK - 19 seats. This deal is OVER. [Well if M is gone, then its gotta be nothing but good stuff.] in the current situation - it is as good as we can hope for - yes.
5-20-2014 Newshound Guru Kaperoni This is anything but over. Maliki will not go away quietly. The failure IMO was not to form a unified bloc prior to the elections to compete with Maliki's SOL bloc. If Hakim, Sadr, Allawi etc. would have done that, they could have had 100 + seats elected and could be standing at the podium today saying they won the most seats and are given the first right to form the GOI. Staying fragmented will be the downfall in the long run. [post 2 of 2]
5-20-2014 Newshound Guru Kaperoni There are a lot of posts being made...stating Maliki is done, Hakim will have the largest bloc and get to choose the next PM, etc. These are false. Yes, the new National Alliance which consists of Hakim, Sadr and Allawi is somewhere between 170-190 seats, they do not get the right to form a government first. Maliki won the most seats and therefore (he claims) is given first chance to build a coalition (and he has wasted little time starting to pick away at that unified alliance) exceeding 165+ to form the government. [post 1 of 2....stay tuned]
5-20-2014 Intel/Newshound Guru Poppy3 PM HAS NOT BEEN NAMED YET AND INFORMATION IS STILL PENDING ON TURKI'S POSITION AND WHO THE PM WILL BE SO THERE IS NO SETBACK TO THE RV AS I CAN SEE ONLY THE FACT THAT THE IMF AND CBI STILL DO NOT KNOW WHOM THEY WILL HAVE TO DEAL WITH WHEN THEY DO PULL THE TRIGGER ON THE RV. [post 2 of 2]
5-20-2014 Intel/Newshound Guru Poppy3 WHILE EVERYONE THOUGHT, MYSELF INCLUDED, THAT THE RV WAS IMMINENT DURING THIS MONTH...AS WE ALL KNOW THINGS CHANGE FAST IN IRAQ... MALIKI HAS PROVEN MANY TIMES HE HAS BEEN A RUTHLESS LEADER...AND HIS SOL STILL GETS THE LARGEST NUMBERS IN VOTES. WHILE THIS WAS NO BIG SURPRISE IT IS A SURPRISE TO ME HE STILL GOT MUCH MORE THAN MOST OF US EXPECTED. NOW WE HAVE TO ALLOW MORE TIME FOR POSITIONING OF THE DIFFERENT BLOC'S TO FORM...I STILL DON'T THINK THIS WILL EFFECT A LONG DELAY OF THE RV. [post 1 of 2....stay tuned]
5-20-2014 Intel Guru Mnt Goat We also know for a fact that behind our backs they are already making billions off the IQD through speculative deals and backroom trading. I firmly believe...we will finally see the completion of the RV only when either there are no more reasons to use the GCR as a negotiating tool (hostage) and/or the back room feasting frenzy off the IQD is stopped. [post 2 of 2]
5-20-2014 Intel Guru Mnt Goat A ticker tape on FOX news ran across the television screens yesterday morning telling the world that the new government of Iraq was formed. Today is Tuesday 5/20 yet there is very little formal news coming out of Iraq on this topic. They are still talking about preliminary results. We are now hearing...that they will not reinstate the currency but will go for a full revaluation and stick to the original plan of the GCR. The fact that Maliki did not get his way with the reinstatement tells us...that he is desperately trying to hold to some form of legitimacy to substantiate his support for a third term. The fact that he did this move and was not successful also tells us the USA no longer supports him and does not want him for a third term...if we do not see the revaluation in the next 14 days we can be assured Maliki is gone and will not be the next prime minister of Iraq. [post 1 of 2....stay tuned]
5-20-2014 Newshound/Intel Guru BGG It appears the President will make the 13303 extension official - but it shouldn't matter that much one way or the other. [So you feel that it will cause this to drag on further because of it?] No. I do not.
5-20-2014 Newshound Guru Stryker Article: "Obama extends the state of national emergency, which related to Iraq for another year" ...Obama extended EO 13303 for another year and a lot of people are taking a very negative outlook on this when they should not be... Iraq needed this protection, we need this protection and more importantly the Governor of the CBI and the watchdog over Iraq's Monetary Policy needed this protection extended. EO 13303 is different than most EO's and that it has a time frame attached and can be lifted when the timing is right. Chin up folks...it is not the time to be jumping ship IMO. We are closer than we have ever been in seeing economic reform take place in Iraq. Political and Economic Security and we are off to the races, so to speak...
5-20-2014 Newshound Guru Tlar Hakim will also get to nominate a PM as will Sadr. These nominees will then face a secret ballot in which only the heads of the blocks will vote on. The coalition passed the test when Iran backed off. They are sticking together and as long as they do, it will go down as expected following a plan that began at least 6 months prior to this election, which included the halting of the budget to make sure Maliki was a looser. [post 2 of 2]
5-20-2014 Newshound Guru Tlar This is a parliamentary system. Maliki most likely will not even be the nominee select from the SOL...even if the SOL were...which they themselves have said they will not do, he would not win the vote...nominating rules for the NA were recently changed and backroom deals have been made...it makes no matter who the SOL nominates as PM, that decision I am absolutely positive has already been made. [post 1 of 2....stay tuned]
5-20-2014 Intel Guru Jester [DFI funds, big deal or not?] PROBABLY NOT...IT WAS PREVIOUSLY SET UP FOR A SPECIFIC REASON... DOES NOT HAVE MUCH TO DO WITH ANY RV IN MY OPINION.
5-20-2014 Newshound Guru Millionday the order 13303 will be extended...it shall be extended for one year. [ I thought they already moved the money to other banks...will this effect us?] they have announced that they have moved the money or at least parts of it as the amounts were not assured -- and no this will not effect us -- it will effect Iraq though and allow the protection to continue so that debtors will not be getting the money before Iraq is prepared to pay it...it is a benefit for Iraq to have their currency set at a reality rate before they pay debtors. [can Iraq activate the reality rate with 13303 in effect?] yes, they can release their reality rate with it in effect (13303)...
5-20-2014 Intel/Newshound Guru Poppy3 IT WILL TAKE SOME TIME NOW TO SEE WHAT EFFECT THIS WILL HAVE GOOD OR BAD. THERE WAS A PAYMENT TO THE MEMBERS OF THE PARIS GROUP BUT NONE OF THE OTHER COUNTRIES THEY OWE RECEIVED ZERO AND THAT'S WHY THE MET A FEW WEEKS AGO FOR A WHOLE WEEK AND DEMANDED THEY BE PAID IMMEDIATELY NOT LATER. I DO KNOW THAT VN WAS NOT REPORTED AS MEMBERS OF THE PARIS GROUP AND THEY ARE OWED MUCH AND DID TAKE LOTS OF DINAR AND THEY FORGAVE $$$$$ IN THAT EXCHANGE. [post 2 of 2]
5-20-2014 Intel/Newshound Guru Poppy3 Letter to the Congress -- Continuation of the National Emergency with Respect to the Stabilization of Iraq: "...the national emergency with respect to the stabilization of Iraq that was declared in Executive Order 13303 of May 22, 2003, is to continue in effect beyond May 22, 2014." ...I TOLD YOU BEGINNING TWO WEEKS AGO IF THEY DIDN'T RELEASE THE RV PRIOR TO THAT DEADLINE OF THE 22ND THEN ALL THESE OTHER COUNTRIES THEY OWE WAR RETRIBUTION WILL SUE AND TAKE ALL THAT MONEY. ALL THESE COUNTRIES ARE STILL DEMANDING THE RV SO THEY CAN EXCHANGE THE AMOUNTS THEY TOOK AFTER FORGIVING AS MUCH AS 60% OF WHAT THEY WHERE OWED AND TOOK DINAR IN PLACE . [post 1 of 2....stay tuned] 5-19-2014 Intel Guru TNT Tony People have been trying to get them not to do the RI. The problem with the RI is everything would have to be completely redone. Everybody was upset yesterday, they made modifications over the weekend and supposedly all is agreeable and ready to go. Now hearing they went back on the air and are now saying the RV is going to happen. [Will the contract rates still be available?] Potentially still available, yes. [Do you have confirmation of the rates live in Kurdistan (reference Guru EXOGEN's post 5-18-14)?] Yes, I have it from Kurdistan from the highest levels of government, and we have the entire payout scale. They are happy and bragging they did it before Baghdad. We know of 7 countries saying it is live on their screens now, but not pushed to teller's screens. There no reason for it not to be tonight or tomorrow until they create another reason...we are in great position.
5-19-2014 Newshound Guru Stryker EO 13303 HAS BEEN EXTENDED.
5-19-2014 Newshound Guru Millionday Article quote: "The results from the election commission showed Maliki's State of Law alliance garnered 92 out of 328 parliamentary seats, with the incumbent himself winning more than 721,000 personal votes." according to this Maliki got 92 out of 328 but did not win over majority... the election results are done...that news in itself is very important because -- after the results are in, the emergency meeting of the budget begins as we were told, so we would hope that is so and will happen.
5-19-2014 Intel Guru Bluwolf So we are back to a possible rv using a long weekend coming in order to load up the banks again. Southwest on high alerts again. I have read some stories pertaining to delays of weeks and even years...this delay topic just isn't true. Sections or countries elsewhere are getting on with there exchange movements and this issue alone is forcing pressure on the person in charge here in the U.S. to set date on this Global Currency Reset. All 204 countries will come into actions soon. Iraq will officially announce the real results of there elections in the gazette, once all this transpires it shall be freed from the American gasp and it will rule like a free and renew nation. With this I will say to all our revaluation is here, look for it from this point to three weeks time for it shouldn't go pass that time frame.
5-19-2014 Newshound Guru Kaperoni Article: "Iraq: PM's Group Is Biggest Election Winner" Associated Press Quote: "A coalition led by Iraq's Shiite prime minister has emerged as the biggest winner in the country's first parliamentary elections since the U.S. military withdrawal in 2011, electoral officials said Monday, as the embattled premier is seeking a third term in office despite political turmoil and rising violence. The results boost Nouri al-Maliki's chances for a new term..." The official results announced today are about spot on (give or take a few seats). Maliki will be relevant in the negotiations for the next PM...
5-19-2014 Intel Guru Okie_Oil_Man ...DARN JOURNEY HAS BEEN FRAUGHT WITH TWIST, TURNS, MIS-INFORMATION AND CHANGES IN THE PROPER PROTOCOLS AND PROCEDURES ORIGINALLY PLANNED FOR. I AM STILL CONFIDENT IN MY TIMING PROJECTION POSTED LAST WEEK,----I HAVEN'T BEEN INFORMED OTHERWISE. IF AND WHEN ANYTHING CHANGES I SHOULD KNOW ABOUT IT AND WILL GLADLY KEEP YOU INFORMED OF ANY CHANGES. [reference Okie's post 5-16-2014]
5-19-2014 Intel Guru WILDDUCK [I have to leave in 9 minutes...Do you have any words of wisdom you can impart before then?] TAKE YOUR TRACK SHOES WITH YOU...READ BETWEEN THE LINES.
5-19-2014 Newshound Guru Aggiedad77 Article: "Specialists expect Iraq to renew the request from Washington to protect Iraqi funds abroad" There has been much available to read about "alleged" actions of the Iraqi's in preparation of the May 22 date when their funds will no longer be protected by the US. Most of what has been read wants us to believe that the Iraqi's will take care of their own funds after the 22nd. Well now we hear from a member of the Finance Committee that is making noise that today Iraq will seek to have the US extend that protection. Talk about waiting to the last minute...but then again this is Iraq. The final decision will lie in the hands of the Finance Ministry and the COM.
5-19-2014 Newshound/Intel Guru BGG The "LARGEST BLOC" (formed post election) has the right to form the next government AND name the next PM...there is no guarantee this will be Maliki. There will be a lot of up and down in the news today - relax and let it play out. Maliki got a lot more seats than was being reported - there will be inquiries. However, if the opposition against him is as reported he will still have a very tough time...90 seats or no 90 seats.
5-19-2014 Intel Guru TNT Tony LOT'S OF CONFUSION NOW. Being pulled in both directions. Digging for the truth.
5-19-2014 Newshound Guru Tlar We are less than 30 days from a new, democratic government to be seated and less than 45 days to July 1st. There will be a non-sectarian government for the first time since the fall of Saddam if it comes as advertised. Kurdistan has been virtually shut down selling its oil until this month and it is expected they will quickly get to 400 thousand bpd if the political problems are resolved. If they can resolve the HCL and this new government shows a willingness to do so, Iraq will be shipping oil through their new northern pipeline to Turkey and south to Basra through the Iraqi pipelines. When the new government is seated there will most likely be a euphoric first month when Iraqi's are celebrating and IMO that would be a great time to initiate the project, around July 1st. [post 3 of 3]
5-19-2014 Newshound Guru Tlar IMO the CBI's last word still stands, "sometime on or around mid-year" they plan to delete the zeros or sooner if the government is settled before then. This is the first time Turki has ever publicly made a statement that included a possible date. He has made bold statements since January saying the CBI is independent and that they alone will decide the timing of this project. I have been a large proponent through the years saying delete the zeros means an 86 cent dinar. It is now my belief we may be looking at a price somewhat higher. I believe we could see a value from $1.00 to somewhere in the $1.50 range. If they want to they can certainly support a higher rate. [post 2 of 3....stay tuned]
5-19-2014 Newshound Guru Tlar Maliki is finished. There are certain articles that continue to appear that he has a chance but even those are beginning to wain. Numerically the odds are totally against him. The voting results will be either announced Monday or Tuesday. They will be official. It is rumored that the 2 million ballots he stole were passed out to the military giving 2 million soldiers 2 ballots each with which to vote for Maliki. It is also reported that Maliki sent emmissaries illegally to trade plots of Iraqi land for votes, and money in country and overseas to buy votes in Iraq and from Iraqi's all over the world. He could not overcome the coalition even breaking the law. [post 1 of 3....stay tuned]
5-19-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" ... according to the IMF guidelines, any member country planning to demonetize notes or transition to another currency they must honor it for a period of 12 months. 5-18-2014 Newshound Guru tlm724 Article: "Mr. Aref Tayfur calls for the next House of Representatives to amend the Constitution so as to ensure the establishment of a confederation in Iraq" first thing on the agenda and whats awesome is this will bring to a close the erbil agreement, article 140 and should resolve the oil and gas law!
5-18-2014 Newshound Guru Millionday [your ink sounded like Maliki is in...we read today sounded like he is out...what is your Opinion please?] the report i have is showing that the party has the most votes but the representatives do not want him to be the prime minister...his party has the right to put another person in as the representative of their winning party...they seem to not want him in.
5-18-2014 Newshound Guru tlm724 Article quote: "The Iraqi Ministry of Finance announced the intention of the Iraqi government not to claim the United States to protect Iraqi funds deposited in foreign banks..." the risk has been minimized, Iraq has fast forwarded their debt negotiations and they want their money back and feel more confident in handling it too.
5-18-2014 Intel Guru EXOGEN Rates are 100% confirmed LIVE in Kurdistan right now.
5-18-2014 Newshound/Intel Guru BGG ...you may or may not like or agree with what [Guru] Kaperoni has to say...when he's talking about NO RV - he's talking about no high number out of the gate. we all agree - if it starts low - it won't be long before it does get to a "reality rate" (as in - QUICK). so my question is... WHO CARES?? just get it started. [reference Kaperoni's posts 5-16/17-2014]
5-18-2014 Newshound Guru Millionday Article quote: "The UN representative stressed that all development programs will be run, from the beginning of next month inside Iraq, not from abroad, confirming that the organization will open a big branch office in Basra by the end of this month..." this is the UN stating that they have to begin all their projects in country on the first of June -- so we know they have to be ready with budget done to comply to that order. [if no budget by 1 June could they use DFI funds to pay for projects and programs?] no they have to have the budget money distributed by CBI and ...Turki has stated that no money will be released without the budget in place. [post 2 of 2]
5-18-2014 Newshound Guru Millionday Article quote: "Mohammad Mehdi - MP for the coalition of citizen Furat al-Shara said on Saturday that "the survival of one month from the age of parliament are considered long enough to pass the budget." so as we see -- the timeline has been long enough for the budget and they have called a 3 day special seccion to get it voted through -- according to this the president of parliament is calling the meeting -- it doesnt state when. [post 1 of 2....stay tuned]
5-18-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" [if the reason they are producing new notes is to curb "counterfeiting", what's to stop them from declaring all the old notes "counterfeit" thereby screwing us all?] There is a whole bunch...articles on how the currency will not expire. Here is a quote.."the banknotes current will continue trading with the new will not be pulling rolling them now or in the future." Keep in mind this is a countries currency were talking about not some photocopied play money. The CBI takes monetary policy very serious and so does the IMF. Countries that are emerging with huge economic potential don't play monetary games.
5-18-2014 Intel Guru Freeway Bill I looked back in my volumes of posts that I have read or been sent over the past several years and it is amazing how many times we were "THERE" "IT IS OVER" "NOTHING CAN STOP IT NOW" "GOOD MORNING RICH PEOPLE" etc. Does it bother me that we have been fed so much for so long? NO! Actually, what you all don't realize is that we HAVE been in a credible position for this to happen on certain dates only to have something come up that kept it from happening...All of this is not a bad thing because it kept you investors "in the game" and kept you grounded and with hope of the absolute fact that this will happen, just we don't know when.
5-18-2014 Newshound Guru Millionday with the announcement that they want the laws for isx which is the gut of the market economy to be activated -- it seems they are working toward the movement to a market economy as they have stated. 5-17-2014 Newshound Guru Tlar I think Maliki has made a deal for he and his list but the international charges supersede the iraqi authority not to prosecute -- meaning -- no matter if the new iraqi government made a deal the international court can still prosecute him. He will get it anyway. Maliki may spend the rest of his days in jail with his son.
5-17-2014 Newshound Guru Kaperoni Election results are leaking...looks like Maliki and SOL got somewhere from 91-94 seats. So we can begin to make a few assessments. Maliki made himself relevant in this next GOI... remaining seats are about 190 spread out over 10 -15 smaller blocks. it is possible with the current results to omit him, but unlikely which forces a longer drawn out process because we all know what Maliki is about. I think many thought he was gone but with those numbers, he is relevant. there is no term limits in the "very weak" constitution. Maliki uses that to his advantage
5-17-2014 Intel Guru TNT Tony It looks like a SUPERFANTASTIC weekend just might be here. Let's be ready so we don't have to get ready. Nothing but good news so far.
5-17-2014 Newshound Guru Enorrste We may therefore dispense with the idea that this man is recommending an RV of any kind at all. Instead, he is backing the CBI plan entirely, but adding that at some point in the future, when the economic activity in Iraq is more broadly based, and only after the dinar has reached its “real value,” should a switch in “backing” be made from the dollar to a basket of currencies. The implication here is that the move toward tying the dinar to a basket of currencies is years away (after the float generates the required broad-based economic activity to “support” the “real value” of the dinar. [post 2 of 2]
5-17-2014 Newshound Guru Enorrste Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" In my opinion this article is discussing how to tie the dinar into the world economy after it finds equilibrium rather than as a means to create an artificial value...the economist is stating that one of the best solutions to solving the low value of the dinar, and to bring it to a “real value,” is to float it against “the diversity of the reserve with the Central Bank.” It is this float that “will make us deal” with the true value of the dinar...he specifically states that before moving to a basket of currencies the dinar must be allowed to float based on “all economic activities” rather than just on an economy based on oil production. [post 1 of 2....stay tuned]
5-17-2014 Newshound/Intel Guru BGG Looks like they will announce the election results early...more articles coming out about this today. I wonder if this isn't why Maliki bailed out on the trip to China.
5-17-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" ...our translator has stated, this was a absolute necessity as most of the currency in circulation was worn out. In order for the monetary policy in Iraq to succeed, including the auctions, the citizens have to want and use the currency of Iraq. The translator felt this was nothing more than a necessary replacement..that being said..we can take some "cues" from this which IMO confirms there is no overnight RV but a more gradual appreciation over time as the IMF says. It also seems to confirm no such redenomination would ever occur, since if they were planning a redenomination, they would simply have done it at this replacement. Time will tell..let it come to us!
5-17-2014 Newshound Guru Millionday Article quotes: "A cude oil pipeline between Northern Iraq and Turkey was completed late last year, and oil has since been pumped through it into storage tanks at Turkey's Mediterranean port of Ceyhan. Exports from Ceyhan, however, were on hold to give diplomacy a chance to solve a dispute back then between Baghdad and Arbil over the sale of Kurdish oil to international markets. On Tuesday, he [Iraqi Deputy Prime Minister for energy Hussain al-Shahristani] said that the sale of the Kurdish crude oil has now begun..." wow...this is huge huge news...they are going to sell it globally through the holdings in Turkey...so this is obviously huge progress and has global market all over it -- very good progress. 5-16-2014 Newshound Guru Kaperoni [How did the Kuwait dinar raise and could that happen to [Iraq] dinar the same way? Didn't their dinar raise like over 3 bucks in one fell swoop?] I believe the Kuwaiti RV stories are...BS. Not to mention completely different animals. Iraq was almost wiped off the map and everything has to be rebuilt from the ground up.
5-16-2014 Intel Guru Okie_Oil_Man WITH THE VAST AMOUNTS OF TRADING INTER-BANK AND FOREX WITH NUMEROUS CURRENCIES IT IS A STRONG INDICATOR OF FORTHCOMING EVENTS. WITH P.O.#13303 EXPIRATION DATE OF 5-22-14 TO COMPLY WITH OUR OPPORTUNITY, IT WOULD FOLLOW THE 21ST OR THE 22ND OF MAY WOULD BE AN EXCELLENT TIME FOR THE R/V TO OCCUR...CLARIFICATION--THE R/V CAN OCCUR ANYTIME UP UNTIL THAT DATE.
5-16-2014 Intel Guru TNT Tony Just got a text saying it went live in Germany after the banks closed. We know the new rates. We know they were at $3.71, then we heard they want to go out at $3.23 and go up from there. DC’s guy got offered $3.78 at a particular bank in another country, and that was this morning. The contract rates are still there for us. They say the VNN Is over two dollars at this point. We have received that intel from several sources. I’m going to be positive and say we’re on our way. Be ready! [post 2 of 2]
5-16-2014 Intel Guru TNT Tony [viaAdept1] They asked Maliki to do some things. He was grandstanding but did send the last few things to parliament, and it was turned over to CBI yesterday. We thought the IMF would take over from there and get it going, but they have handed it over to the CBI who is now coordinating how this is getting out. There have been reports in different countries, and in the US, some banks actually had it live at the teller level. We know that yesterday it was trading on forex on a whole different level – they were excited at the sheer level of trading that occurred yesterday. [post 1 of 2....stay tuned]
5-16-2014 Newshound Guru Millionday [you think HCL is done?] we had a report in here about two or three months ago that said it was done and on the shelf waiting for funding and the progress for it to be activated -- they also stated the amnesty was done in that same report...
5-16-2014 Intel Guru DC There have been announcements in Iraq but there have been too many in the past, and people want them to stop talking and get it done. They announced in the mosques that they were opening the banks at 6 to allow folks to do some exchanges and for lower denominations to get out. That has been successful, although it is stopped for the date because it’s late there. One friend did exchange himself in Baghdad, and others have reported currency at a higher rate. I think things look phenomenally good. They have so much that points to the fact that this thing is right upon us and expected to go down now. [Are all the currencies we’ve been hearing about in the first basket?] I understand all the currencies are back in the first basket now. [post 2 of 2]
5-16-2014 Intel Guru DC [via Adept1] The US finally agreed to accept the rate after a LOT of back and forth. It was put back in Iraq’s hands. CBI and Maliki wanted to do some last minute announcements, and they did some grandstanding that took up most of yesterday. Now, today, live rates have been popping up through the world since yesterday morning, even down to the teller screens in different parts of the world. They have been turning on and off all afternoon and evening. Through this morning, we have had folks checking in many different countries, and some have seen the rates at the CBI, at the bank level, and occasionally at the teller level. [post 1of 2....stay tuned]
5-16-2014 Newshound Guru Aggiedad77 Article: "Maliki back from his visit to China and sends Shahristani instead of him and his office: the decision was made to use the time to form a government" Interesting twist on things within the State Law coalition today...Maliki won't be making the trip to China after all...Deputy PM of Energy, Shahristani, will be going in his place...citing that Maliki's plate is too full right now with the political agenda regarding the new government and how things will pan out for him...Maliki apparently sees the need to be in town for the election outcomes and obvious posturing that will take place after that...or...is his jet sitting on the tarmac warming up for a quick getaway.
5-16-2014 Intel Guru Frank26 NO ONE knows the date, IMO...Not even the CBI knows yet. IMO, The IMF guards this info like Godzilla protecting her nest of eggs. IMO...When the IMF says the CBI has earned the right via article 8 compliance to receive an IR...It will be given at the last fractions of a nano second.
5-16-2014 Newshound Guru Kaperoni Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" Banks are in the business to make money, not give it out. For a currency to appreciate there must be an upside to the bank...which is the commission. The CBI is the manager of sorts for the dinar. Once they move to a float, the CBI's roll will change from in country currency daily auctions, to using those monetary tools to control the pace of the dinar appreciation buying/selling blocks of currency to control the liquidity in the global market. That is their job. That is what they are learning to do now under Article XIV. It make no sense to RV the Iraqi dinar and circumvent that responsibility. Nor will they.
5-16-2014 Intel Guru EXOGEN Forex waiting now live rates watching. Waiting!!! All is superfantastic. Right now the banks are in HIGH ALERT TONIGHT [Friday]!!
5-16-2014 Intel/Newshound Guru Poppy3 THERE IS NOW STRONG WORDS THAT MALIKI IS OUT AND MANY ARE MANEUVERING TO POSITION FOR A GREATER IRAQ WITH NEW LEADERSHIP. I JUST HOPE THEY MAKE BETTER CHOICES THIS TIME THAN BEFORE...
5-16-2014 Newshound Guru Kaperoni ...IMF Article IV Consultation [does] not mention any adjustment, RV prior to moving to a more flexible exchange rate policy. It is very clear that the dinar will simply move from the current policy (currency board) to a new Exchange Regime (some kind of float under Article VIII). This change does not involve a rate change first. Once they do so, the dinar will begin to rise based on Iraq's economic progress, oil production and effects of supply and demand. Those expecting an overnight event are mistaken. [post 2 of 2]
5-16-2014 Newshound Guru Kaperoni Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" People don't understand there is no benefit for Iraq to RV the dinar. A gradual appreciation from 1166 is very profitable for Iraq as the dinar rises, the CBI buys/sells controlling the pace as a monetary tool receiving commissions just like they do now with the currency auctions. What incentive would the CBI have to RV and pass up that financial opportunity? None. [post 1 of 2....stay tuned] 5-15-2014 Newshound/Intel Guru BGG Looks like the new Dinars are in circulation now...a little bit. [The lower denoms?] only 250's and 500's that I can see...Not Lower Denoms...which is interesting they would reprint these in a more secure fashion and not all the others as well...they look exactly like the current notes - but with a little circle under the top left arabic numeral (embossed) for ease of identification...and the signature is different than before - reportedly Turki's.
5-15-2015 Newshound Guru Millionday some think that the dinar will float but what they fail to say or at least i would hope they are meaning to say is that it will be set at a rate first -- it will not float from 1166 --- that would be economic suicide and impossible for trade at a rate that is not a reality rate...in my opinion it will not float at first and will be put to a float after they change the calculations they are discussing here -- the SDR and how it is calculated...but the calculation does not come out to $1 -- by my opinion -- it comes out closer to what Kuwait has but it has not been released yet. this is great great news...IT MEANS WE ARE CLOSE ENOUGH TO BE TALKING ABOUT THE CALCULATION OF THE IQD. [post 2 of 2]
5-15-2015 Newshound Guru Millionday Report quote: "Says economist Faraj Saad Allah of the best solutions to address the low value Aldenarabraghi against other currencies is the diversity of the reserve with the Central Bank «reasoned that it« will make us deal with the exchange rate of the dinar according to the real value of it." they are talking about in the near future changing the way that calulation is done...but there is not enough time to make this change or anything like it before the reality value is set for the dinar... [post 1 of 2....stay tuned]
5-15-2014 Intel Guru Frank26 IMO: Once the IR is given to the CBI via the IMF...It can be hidden for a short time. But...Once the CBI presents it to the intern GOI...It will be visible via the CBI website.
5-15-2014 Newshound Guru Millionday Report quote: "Hashemi reflected the role of the free zones to attract investment companies through the signing of agreements and conclude contracts with the countries of the region..." SO WOW -- the signing of free zones in the Anbar area shows that maybe there has been some calming in the area and of course that some Iraqis tonight are excited that their jobs are about to begin and be more plentiful... they signed three contracts today for them.
5-15-2014 Newshound Guru Adam Montana [what would you say could be the next 2-3 issues of MAJOR importance that could come together that pushes us closer to our collective goal?] Everything that Kurdistan appears to be doing is PERFECT for us. I'm watching closely at this time. [Who won the election? Did they pass the budget? Where does the HCL stand? The currency auctions decreased for a few days then sky rocketed. What is going on there?] Election results won't be available in full for some time yet. Budget is in process, HCL is moving forward, and I don't pay attention to the auctions. (Until the rate changes, I don't think it's a reliable indicator of anything.)
5-15-2014 Intel/Newshound Guru Poppy3 RECEIVED WHAT MAY BE THE FIRST SLAM AGAINST MALIKI SINCE THE ELECTIONS AND I HAVE HEARD THAT SOME LEADERS HAVE ALREADY SAID MALIKI LOST VERY BAD AND WILL NEVER BE PM AGAIN. THEN WE GET THIS NEXT POST: "Iraq News Network - International Criminal Court decided to refer the Iraqi Prime Minister Nuri al-Maliki, a group of senior aides to court...the Court now has complete files crimes committed by al-Maliki and his aides..." SOUNDS LIKE THE WORST HE HAD EXPECTED IS STARTING TO HAPPEN. THIS SOUNDS VERY BAD FOR MALIKI AND VERY GOOD FOR ALL OF US.
5-15-2014 Intel Guru MarkZ We are actually much closer on this than we have been in months. [Then we are truly in a good spot.] I DO BELIEVE THAT IS THE TRUTH...
5-15-2014 Newshound/Intel Guru BGG [So how long does it take to count ballots in Iraq?] official results announced on the 25th.
5-15-2014 Intel Guru Jester [any new news today?] THE WORD I GET IS "CLOSE"... AND I BELIEVE THEY THINK THIS IS THE CASE... AND I HAVE NO REASON TO BELIEVE THEY ARE NOT CORRECT... WE ARE SEEING THE END OF THINGS IF EVERYTHING WILL GO THE WAY IT IS SUPPOSED TO...
5-15-2014 Intel/Newshound Guru Poppy3 I ASSURE YOU IF THE DFI FUNDS ARE RELEASED THEY WILL BE CLAIMED BY THESE COUNTRIES. THERE ARE MANY COUNTRIES THAT WHERE NOT PART OF THE PARIS AGREEMENT BUT THEY HAD ALSO FORGAVE CERTAIN %'S OF THEIR DEBT AND ACCEPTED DINAR FOR THE BALANCE TO BE PAID UPON THE RV OF THAT DINAR. THEY ARE WAITING AND HAVE BEEN JUST LIKE WE HAVE BEEN. THIS IS THE VERY REASON THE DFI FUNDS HAVE NOT BEEN RELEASED BEFORE AND WHY THEY WHERE PLACED UNDER THE PROTECTION FOR ALL THESE YEARS. [post 2 of 2]
5-15-2014 Intel/Newshound Guru Poppy3 [if their funds are no longer protected by the USA...can they be sued?] THEY WILL BE SUED BY THE COUNTRIES THAT THEY OWE THAT WERE NOT PART OF THE PARIS AGREEMENT. FROM A VALUED SOURCE FROM WASHINGTON...THESE COUNTRIES MET IN WASHINGTON THREE WEEKS AGO WITH THE IMF AND REPS FROM THE CBI STATING THEY WANT THEIR MONEY NOW (REVALUED). THESE COUNTRIES GOT PISSED WHEN THE PARIS GROUP WHERE PAID 90 BILLION A FEW WEEKS AGO AND THEY WHERE NOT PAID ANYTHING. THEY HAVE DEMANDED IN WRITING I AM TOLD THAT THEY BE PAID NOW, NOT LATER. [post 1 of 2....stay tuned]
5-15-2014 Newshound Guru Millionday Report Quote: "The Ministry of Finance, said on Wednesday that it would not seek renewal of American protection to Iraqi funds deposited in their banks, to assume the CBI liability management after coming out of Chapter VII of the Charter of the United Nations..." this reports gives us alot of info -- first that the coverage of funds will not be extended. Iraq wants the globe to have confidence in the country and their ability to maintain their own funds understandably. they are going to have international banking...and no one is concerned with the accounts they have with their control being given to Iraq.
5-15-2014 Intel Guru MarkZ Most government contacts went dead silent yesterday. The news of the evening is rates showing on closed forex screens around the globe. I believe they are testing them. If I were the person pulling the trigger I would pull it on a Friday afternoon. [is the VND still expected to be a higher rate than .20.] I believe so and IMO yes. [So do you really think that this will happen this time without people trying to block it again?] I do believe it will happen this time. The timing may not be exactly what we want but I am certain we are winding down quickly now. I am still hopeful that the next few days will bring us home. I honestly feel like we have passed the point of no return now...FINALLY!!!!
5-15-2014 Newshound Guru Millionday Report Quote: "The Ministry of Finance , said on Wednesday that it would not seek renewal of American protection to Iraqi funds deposited in their banks , to assume the CBI liability management after coming out of Chapter VII of the Charter of the United Nations..." this reports gives us alot of info -- first that the coverage of funds will not be extended. Iraq wants the globe to have confidence in the country and their ability to maintain their own funds understandably.
5-20-2014 Intel Guru MarkZ The bond end of this is humming in anticipation for mid week, the banking end of it started quietly preparing for mid week this week. We have news from the sand pile that they are indeed ready to exchange and we have an unconfirmed report that the Kurdistan region started yesterday. We are not 100% sure where we are! We know we are close. Based on what I am seeing this week is not out of the realm of possibilities but a three day weekend would be the logistical homerun, IMO. [do u still think before end of month?] absolutely. Rates in the US have been seen by two of my in bank contacts...
5-20-2014 Newshound/Intel Guru BGG Here's the big news...if you add up various parties whom I believe will make up the "opposition" or partnership government - in the next term... It is - Hakim - 30 seats...Sadr - 31 seats...Allawi - 21 seats...Najafi - 28 seats...Mutlak - 11 seats...KDP - 25 seats and PUK - 19 seats. This deal is OVER. [Well if M is gone, then its gotta be nothing but good stuff.] in the current situation - it is as good as we can hope for - yes.
5-20-2014 Newshound Guru Kaperoni This is anything but over. Maliki will not go away quietly. The failure IMO was not to form a unified bloc prior to the elections to compete with Maliki's SOL bloc. If Hakim, Sadr, Allawi etc. would have done that, they could have had 100 + seats elected and could be standing at the podium today saying they won the most seats and are given the first right to form the GOI. Staying fragmented will be the downfall in the long run. [post 2 of 2]
5-20-2014 Newshound Guru Kaperoni There are a lot of posts being made...stating Maliki is done, Hakim will have the largest bloc and get to choose the next PM, etc. These are false. Yes, the new National Alliance which consists of Hakim, Sadr and Allawi is somewhere between 170-190 seats, they do not get the right to form a government first. Maliki won the most seats and therefore (he claims) is given first chance to build a coalition (and he has wasted little time starting to pick away at that unified alliance) exceeding 165+ to form the government. [post 1 of 2....stay tuned]
5-20-2014 Intel/Newshound Guru Poppy3 PM HAS NOT BEEN NAMED YET AND INFORMATION IS STILL PENDING ON TURKI'S POSITION AND WHO THE PM WILL BE SO THERE IS NO SETBACK TO THE RV AS I CAN SEE ONLY THE FACT THAT THE IMF AND CBI STILL DO NOT KNOW WHOM THEY WILL HAVE TO DEAL WITH WHEN THEY DO PULL THE TRIGGER ON THE RV. [post 2 of 2]
5-20-2014 Intel/Newshound Guru Poppy3 WHILE EVERYONE THOUGHT, MYSELF INCLUDED, THAT THE RV WAS IMMINENT DURING THIS MONTH...AS WE ALL KNOW THINGS CHANGE FAST IN IRAQ... MALIKI HAS PROVEN MANY TIMES HE HAS BEEN A RUTHLESS LEADER...AND HIS SOL STILL GETS THE LARGEST NUMBERS IN VOTES. WHILE THIS WAS NO BIG SURPRISE IT IS A SURPRISE TO ME HE STILL GOT MUCH MORE THAN MOST OF US EXPECTED. NOW WE HAVE TO ALLOW MORE TIME FOR POSITIONING OF THE DIFFERENT BLOC'S TO FORM...I STILL DON'T THINK THIS WILL EFFECT A LONG DELAY OF THE RV. [post 1 of 2....stay tuned]
5-20-2014 Intel Guru Mnt Goat We also know for a fact that behind our backs they are already making billions off the IQD through speculative deals and backroom trading. I firmly believe...we will finally see the completion of the RV only when either there are no more reasons to use the GCR as a negotiating tool (hostage) and/or the back room feasting frenzy off the IQD is stopped. [post 2 of 2]
5-20-2014 Intel Guru Mnt Goat A ticker tape on FOX news ran across the television screens yesterday morning telling the world that the new government of Iraq was formed. Today is Tuesday 5/20 yet there is very little formal news coming out of Iraq on this topic. They are still talking about preliminary results. We are now hearing...that they will not reinstate the currency but will go for a full revaluation and stick to the original plan of the GCR. The fact that Maliki did not get his way with the reinstatement tells us...that he is desperately trying to hold to some form of legitimacy to substantiate his support for a third term. The fact that he did this move and was not successful also tells us the USA no longer supports him and does not want him for a third term...if we do not see the revaluation in the next 14 days we can be assured Maliki is gone and will not be the next prime minister of Iraq. [post 1 of 2....stay tuned]
5-20-2014 Newshound/Intel Guru BGG It appears the President will make the 13303 extension official - but it shouldn't matter that much one way or the other. [So you feel that it will cause this to drag on further because of it?] No. I do not.
5-20-2014 Newshound Guru Stryker Article: "Obama extends the state of national emergency, which related to Iraq for another year" ...Obama extended EO 13303 for another year and a lot of people are taking a very negative outlook on this when they should not be... Iraq needed this protection, we need this protection and more importantly the Governor of the CBI and the watchdog over Iraq's Monetary Policy needed this protection extended. EO 13303 is different than most EO's and that it has a time frame attached and can be lifted when the timing is right. Chin up folks...it is not the time to be jumping ship IMO. We are closer than we have ever been in seeing economic reform take place in Iraq. Political and Economic Security and we are off to the races, so to speak...
5-20-2014 Newshound Guru Tlar Hakim will also get to nominate a PM as will Sadr. These nominees will then face a secret ballot in which only the heads of the blocks will vote on. The coalition passed the test when Iran backed off. They are sticking together and as long as they do, it will go down as expected following a plan that began at least 6 months prior to this election, which included the halting of the budget to make sure Maliki was a looser. [post 2 of 2]
5-20-2014 Newshound Guru Tlar This is a parliamentary system. Maliki most likely will not even be the nominee select from the SOL...even if the SOL were...which they themselves have said they will not do, he would not win the vote...nominating rules for the NA were recently changed and backroom deals have been made...it makes no matter who the SOL nominates as PM, that decision I am absolutely positive has already been made. [post 1 of 2....stay tuned]
5-20-2014 Intel Guru Jester [DFI funds, big deal or not?] PROBABLY NOT...IT WAS PREVIOUSLY SET UP FOR A SPECIFIC REASON... DOES NOT HAVE MUCH TO DO WITH ANY RV IN MY OPINION.
5-20-2014 Newshound Guru Millionday the order 13303 will be extended...it shall be extended for one year. [ I thought they already moved the money to other banks...will this effect us?] they have announced that they have moved the money or at least parts of it as the amounts were not assured -- and no this will not effect us -- it will effect Iraq though and allow the protection to continue so that debtors will not be getting the money before Iraq is prepared to pay it...it is a benefit for Iraq to have their currency set at a reality rate before they pay debtors. [can Iraq activate the reality rate with 13303 in effect?] yes, they can release their reality rate with it in effect (13303)...
5-20-2014 Intel/Newshound Guru Poppy3 IT WILL TAKE SOME TIME NOW TO SEE WHAT EFFECT THIS WILL HAVE GOOD OR BAD. THERE WAS A PAYMENT TO THE MEMBERS OF THE PARIS GROUP BUT NONE OF THE OTHER COUNTRIES THEY OWE RECEIVED ZERO AND THAT'S WHY THE MET A FEW WEEKS AGO FOR A WHOLE WEEK AND DEMANDED THEY BE PAID IMMEDIATELY NOT LATER. I DO KNOW THAT VN WAS NOT REPORTED AS MEMBERS OF THE PARIS GROUP AND THEY ARE OWED MUCH AND DID TAKE LOTS OF DINAR AND THEY FORGAVE $$$$$ IN THAT EXCHANGE. [post 2 of 2]
5-20-2014 Intel/Newshound Guru Poppy3 Letter to the Congress -- Continuation of the National Emergency with Respect to the Stabilization of Iraq: "...the national emergency with respect to the stabilization of Iraq that was declared in Executive Order 13303 of May 22, 2003, is to continue in effect beyond May 22, 2014." ...I TOLD YOU BEGINNING TWO WEEKS AGO IF THEY DIDN'T RELEASE THE RV PRIOR TO THAT DEADLINE OF THE 22ND THEN ALL THESE OTHER COUNTRIES THEY OWE WAR RETRIBUTION WILL SUE AND TAKE ALL THAT MONEY. ALL THESE COUNTRIES ARE STILL DEMANDING THE RV SO THEY CAN EXCHANGE THE AMOUNTS THEY TOOK AFTER FORGIVING AS MUCH AS 60% OF WHAT THEY WHERE OWED AND TOOK DINAR IN PLACE . [post 1 of 2....stay tuned] 5-19-2014 Intel Guru TNT Tony People have been trying to get them not to do the RI. The problem with the RI is everything would have to be completely redone. Everybody was upset yesterday, they made modifications over the weekend and supposedly all is agreeable and ready to go. Now hearing they went back on the air and are now saying the RV is going to happen. [Will the contract rates still be available?] Potentially still available, yes. [Do you have confirmation of the rates live in Kurdistan (reference Guru EXOGEN's post 5-18-14)?] Yes, I have it from Kurdistan from the highest levels of government, and we have the entire payout scale. They are happy and bragging they did it before Baghdad. We know of 7 countries saying it is live on their screens now, but not pushed to teller's screens. There no reason for it not to be tonight or tomorrow until they create another reason...we are in great position.
5-19-2014 Newshound Guru Stryker EO 13303 HAS BEEN EXTENDED.
5-19-2014 Newshound Guru Millionday Article quote: "The results from the election commission showed Maliki's State of Law alliance garnered 92 out of 328 parliamentary seats, with the incumbent himself winning more than 721,000 personal votes." according to this Maliki got 92 out of 328 but did not win over majority... the election results are done...that news in itself is very important because -- after the results are in, the emergency meeting of the budget begins as we were told, so we would hope that is so and will happen.
5-19-2014 Intel Guru Bluwolf So we are back to a possible rv using a long weekend coming in order to load up the banks again. Southwest on high alerts again. I have read some stories pertaining to delays of weeks and even years...this delay topic just isn't true. Sections or countries elsewhere are getting on with there exchange movements and this issue alone is forcing pressure on the person in charge here in the U.S. to set date on this Global Currency Reset. All 204 countries will come into actions soon. Iraq will officially announce the real results of there elections in the gazette, once all this transpires it shall be freed from the American gasp and it will rule like a free and renew nation. With this I will say to all our revaluation is here, look for it from this point to three weeks time for it shouldn't go pass that time frame.
5-19-2014 Newshound Guru Kaperoni Article: "Iraq: PM's Group Is Biggest Election Winner" Associated Press Quote: "A coalition led by Iraq's Shiite prime minister has emerged as the biggest winner in the country's first parliamentary elections since the U.S. military withdrawal in 2011, electoral officials said Monday, as the embattled premier is seeking a third term in office despite political turmoil and rising violence. The results boost Nouri al-Maliki's chances for a new term..." The official results announced today are about spot on (give or take a few seats). Maliki will be relevant in the negotiations for the next PM...
5-19-2014 Intel Guru Okie_Oil_Man ...DARN JOURNEY HAS BEEN FRAUGHT WITH TWIST, TURNS, MIS-INFORMATION AND CHANGES IN THE PROPER PROTOCOLS AND PROCEDURES ORIGINALLY PLANNED FOR. I AM STILL CONFIDENT IN MY TIMING PROJECTION POSTED LAST WEEK,----I HAVEN'T BEEN INFORMED OTHERWISE. IF AND WHEN ANYTHING CHANGES I SHOULD KNOW ABOUT IT AND WILL GLADLY KEEP YOU INFORMED OF ANY CHANGES. [reference Okie's post 5-16-2014]
5-19-2014 Intel Guru WILDDUCK [I have to leave in 9 minutes...Do you have any words of wisdom you can impart before then?] TAKE YOUR TRACK SHOES WITH YOU...READ BETWEEN THE LINES.
5-19-2014 Newshound Guru Aggiedad77 Article: "Specialists expect Iraq to renew the request from Washington to protect Iraqi funds abroad" There has been much available to read about "alleged" actions of the Iraqi's in preparation of the May 22 date when their funds will no longer be protected by the US. Most of what has been read wants us to believe that the Iraqi's will take care of their own funds after the 22nd. Well now we hear from a member of the Finance Committee that is making noise that today Iraq will seek to have the US extend that protection. Talk about waiting to the last minute...but then again this is Iraq. The final decision will lie in the hands of the Finance Ministry and the COM.
5-19-2014 Newshound/Intel Guru BGG The "LARGEST BLOC" (formed post election) has the right to form the next government AND name the next PM...there is no guarantee this will be Maliki. There will be a lot of up and down in the news today - relax and let it play out. Maliki got a lot more seats than was being reported - there will be inquiries. However, if the opposition against him is as reported he will still have a very tough time...90 seats or no 90 seats.
5-19-2014 Intel Guru TNT Tony LOT'S OF CONFUSION NOW. Being pulled in both directions. Digging for the truth.
5-19-2014 Newshound Guru Tlar We are less than 30 days from a new, democratic government to be seated and less than 45 days to July 1st. There will be a non-sectarian government for the first time since the fall of Saddam if it comes as advertised. Kurdistan has been virtually shut down selling its oil until this month and it is expected they will quickly get to 400 thousand bpd if the political problems are resolved. If they can resolve the HCL and this new government shows a willingness to do so, Iraq will be shipping oil through their new northern pipeline to Turkey and south to Basra through the Iraqi pipelines. When the new government is seated there will most likely be a euphoric first month when Iraqi's are celebrating and IMO that would be a great time to initiate the project, around July 1st. [post 3 of 3]
5-19-2014 Newshound Guru Tlar IMO the CBI's last word still stands, "sometime on or around mid-year" they plan to delete the zeros or sooner if the government is settled before then. This is the first time Turki has ever publicly made a statement that included a possible date. He has made bold statements since January saying the CBI is independent and that they alone will decide the timing of this project. I have been a large proponent through the years saying delete the zeros means an 86 cent dinar. It is now my belief we may be looking at a price somewhat higher. I believe we could see a value from $1.00 to somewhere in the $1.50 range. If they want to they can certainly support a higher rate. [post 2 of 3....stay tuned]
5-19-2014 Newshound Guru Tlar Maliki is finished. There are certain articles that continue to appear that he has a chance but even those are beginning to wain. Numerically the odds are totally against him. The voting results will be either announced Monday or Tuesday. They will be official. It is rumored that the 2 million ballots he stole were passed out to the military giving 2 million soldiers 2 ballots each with which to vote for Maliki. It is also reported that Maliki sent emmissaries illegally to trade plots of Iraqi land for votes, and money in country and overseas to buy votes in Iraq and from Iraqi's all over the world. He could not overcome the coalition even breaking the law. [post 1 of 3....stay tuned]
5-19-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" ... according to the IMF guidelines, any member country planning to demonetize notes or transition to another currency they must honor it for a period of 12 months. 5-18-2014 Newshound Guru tlm724 Article: "Mr. Aref Tayfur calls for the next House of Representatives to amend the Constitution so as to ensure the establishment of a confederation in Iraq" first thing on the agenda and whats awesome is this will bring to a close the erbil agreement, article 140 and should resolve the oil and gas law!
5-18-2014 Newshound Guru Millionday [your ink sounded like Maliki is in...we read today sounded like he is out...what is your Opinion please?] the report i have is showing that the party has the most votes but the representatives do not want him to be the prime minister...his party has the right to put another person in as the representative of their winning party...they seem to not want him in.
5-18-2014 Newshound Guru tlm724 Article quote: "The Iraqi Ministry of Finance announced the intention of the Iraqi government not to claim the United States to protect Iraqi funds deposited in foreign banks..." the risk has been minimized, Iraq has fast forwarded their debt negotiations and they want their money back and feel more confident in handling it too.
5-18-2014 Intel Guru EXOGEN Rates are 100% confirmed LIVE in Kurdistan right now.
5-18-2014 Newshound/Intel Guru BGG ...you may or may not like or agree with what [Guru] Kaperoni has to say...when he's talking about NO RV - he's talking about no high number out of the gate. we all agree - if it starts low - it won't be long before it does get to a "reality rate" (as in - QUICK). so my question is... WHO CARES?? just get it started. [reference Kaperoni's posts 5-16/17-2014]
5-18-2014 Newshound Guru Millionday Article quote: "The UN representative stressed that all development programs will be run, from the beginning of next month inside Iraq, not from abroad, confirming that the organization will open a big branch office in Basra by the end of this month..." this is the UN stating that they have to begin all their projects in country on the first of June -- so we know they have to be ready with budget done to comply to that order. [if no budget by 1 June could they use DFI funds to pay for projects and programs?] no they have to have the budget money distributed by CBI and ...Turki has stated that no money will be released without the budget in place. [post 2 of 2]
5-18-2014 Newshound Guru Millionday Article quote: "Mohammad Mehdi - MP for the coalition of citizen Furat al-Shara said on Saturday that "the survival of one month from the age of parliament are considered long enough to pass the budget." so as we see -- the timeline has been long enough for the budget and they have called a 3 day special seccion to get it voted through -- according to this the president of parliament is calling the meeting -- it doesnt state when. [post 1 of 2....stay tuned]
5-18-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" [if the reason they are producing new notes is to curb "counterfeiting", what's to stop them from declaring all the old notes "counterfeit" thereby screwing us all?] There is a whole bunch...articles on how the currency will not expire. Here is a quote.."the banknotes current will continue trading with the new will not be pulling rolling them now or in the future." Keep in mind this is a countries currency were talking about not some photocopied play money. The CBI takes monetary policy very serious and so does the IMF. Countries that are emerging with huge economic potential don't play monetary games.
5-18-2014 Intel Guru Freeway Bill I looked back in my volumes of posts that I have read or been sent over the past several years and it is amazing how many times we were "THERE" "IT IS OVER" "NOTHING CAN STOP IT NOW" "GOOD MORNING RICH PEOPLE" etc. Does it bother me that we have been fed so much for so long? NO! Actually, what you all don't realize is that we HAVE been in a credible position for this to happen on certain dates only to have something come up that kept it from happening...All of this is not a bad thing because it kept you investors "in the game" and kept you grounded and with hope of the absolute fact that this will happen, just we don't know when.
5-18-2014 Newshound Guru Millionday with the announcement that they want the laws for isx which is the gut of the market economy to be activated -- it seems they are working toward the movement to a market economy as they have stated. 5-17-2014 Newshound Guru Tlar I think Maliki has made a deal for he and his list but the international charges supersede the iraqi authority not to prosecute -- meaning -- no matter if the new iraqi government made a deal the international court can still prosecute him. He will get it anyway. Maliki may spend the rest of his days in jail with his son.
5-17-2014 Newshound Guru Kaperoni Election results are leaking...looks like Maliki and SOL got somewhere from 91-94 seats. So we can begin to make a few assessments. Maliki made himself relevant in this next GOI... remaining seats are about 190 spread out over 10 -15 smaller blocks. it is possible with the current results to omit him, but unlikely which forces a longer drawn out process because we all know what Maliki is about. I think many thought he was gone but with those numbers, he is relevant. there is no term limits in the "very weak" constitution. Maliki uses that to his advantage
5-17-2014 Intel Guru TNT Tony It looks like a SUPERFANTASTIC weekend just might be here. Let's be ready so we don't have to get ready. Nothing but good news so far.
5-17-2014 Newshound Guru Enorrste We may therefore dispense with the idea that this man is recommending an RV of any kind at all. Instead, he is backing the CBI plan entirely, but adding that at some point in the future, when the economic activity in Iraq is more broadly based, and only after the dinar has reached its “real value,” should a switch in “backing” be made from the dollar to a basket of currencies. The implication here is that the move toward tying the dinar to a basket of currencies is years away (after the float generates the required broad-based economic activity to “support” the “real value” of the dinar. [post 2 of 2]
5-17-2014 Newshound Guru Enorrste Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" In my opinion this article is discussing how to tie the dinar into the world economy after it finds equilibrium rather than as a means to create an artificial value...the economist is stating that one of the best solutions to solving the low value of the dinar, and to bring it to a “real value,” is to float it against “the diversity of the reserve with the Central Bank.” It is this float that “will make us deal” with the true value of the dinar...he specifically states that before moving to a basket of currencies the dinar must be allowed to float based on “all economic activities” rather than just on an economy based on oil production. [post 1 of 2....stay tuned]
5-17-2014 Newshound/Intel Guru BGG Looks like they will announce the election results early...more articles coming out about this today. I wonder if this isn't why Maliki bailed out on the trip to China.
5-17-2014 Newshound Guru Kaperoni Article: "New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry" ...our translator has stated, this was a absolute necessity as most of the currency in circulation was worn out. In order for the monetary policy in Iraq to succeed, including the auctions, the citizens have to want and use the currency of Iraq. The translator felt this was nothing more than a necessary replacement..that being said..we can take some "cues" from this which IMO confirms there is no overnight RV but a more gradual appreciation over time as the IMF says. It also seems to confirm no such redenomination would ever occur, since if they were planning a redenomination, they would simply have done it at this replacement. Time will tell..let it come to us!
5-17-2014 Newshound Guru Millionday Article quotes: "A cude oil pipeline between Northern Iraq and Turkey was completed late last year, and oil has since been pumped through it into storage tanks at Turkey's Mediterranean port of Ceyhan. Exports from Ceyhan, however, were on hold to give diplomacy a chance to solve a dispute back then between Baghdad and Arbil over the sale of Kurdish oil to international markets. On Tuesday, he [Iraqi Deputy Prime Minister for energy Hussain al-Shahristani] said that the sale of the Kurdish crude oil has now begun..." wow...this is huge huge news...they are going to sell it globally through the holdings in Turkey...so this is obviously huge progress and has global market all over it -- very good progress. 5-16-2014 Newshound Guru Kaperoni [How did the Kuwait dinar raise and could that happen to [Iraq] dinar the same way? Didn't their dinar raise like over 3 bucks in one fell swoop?] I believe the Kuwaiti RV stories are...BS. Not to mention completely different animals. Iraq was almost wiped off the map and everything has to be rebuilt from the ground up.
5-16-2014 Intel Guru Okie_Oil_Man WITH THE VAST AMOUNTS OF TRADING INTER-BANK AND FOREX WITH NUMEROUS CURRENCIES IT IS A STRONG INDICATOR OF FORTHCOMING EVENTS. WITH P.O.#13303 EXPIRATION DATE OF 5-22-14 TO COMPLY WITH OUR OPPORTUNITY, IT WOULD FOLLOW THE 21ST OR THE 22ND OF MAY WOULD BE AN EXCELLENT TIME FOR THE R/V TO OCCUR...CLARIFICATION--THE R/V CAN OCCUR ANYTIME UP UNTIL THAT DATE.
5-16-2014 Intel Guru TNT Tony Just got a text saying it went live in Germany after the banks closed. We know the new rates. We know they were at $3.71, then we heard they want to go out at $3.23 and go up from there. DC’s guy got offered $3.78 at a particular bank in another country, and that was this morning. The contract rates are still there for us. They say the VNN Is over two dollars at this point. We have received that intel from several sources. I’m going to be positive and say we’re on our way. Be ready! [post 2 of 2]
5-16-2014 Intel Guru TNT Tony [viaAdept1] They asked Maliki to do some things. He was grandstanding but did send the last few things to parliament, and it was turned over to CBI yesterday. We thought the IMF would take over from there and get it going, but they have handed it over to the CBI who is now coordinating how this is getting out. There have been reports in different countries, and in the US, some banks actually had it live at the teller level. We know that yesterday it was trading on forex on a whole different level – they were excited at the sheer level of trading that occurred yesterday. [post 1 of 2....stay tuned]
5-16-2014 Newshound Guru Millionday [you think HCL is done?] we had a report in here about two or three months ago that said it was done and on the shelf waiting for funding and the progress for it to be activated -- they also stated the amnesty was done in that same report...
5-16-2014 Intel Guru DC There have been announcements in Iraq but there have been too many in the past, and people want them to stop talking and get it done. They announced in the mosques that they were opening the banks at 6 to allow folks to do some exchanges and for lower denominations to get out. That has been successful, although it is stopped for the date because it’s late there. One friend did exchange himself in Baghdad, and others have reported currency at a higher rate. I think things look phenomenally good. They have so much that points to the fact that this thing is right upon us and expected to go down now. [Are all the currencies we’ve been hearing about in the first basket?] I understand all the currencies are back in the first basket now. [post 2 of 2]
5-16-2014 Intel Guru DC [via Adept1] The US finally agreed to accept the rate after a LOT of back and forth. It was put back in Iraq’s hands. CBI and Maliki wanted to do some last minute announcements, and they did some grandstanding that took up most of yesterday. Now, today, live rates have been popping up through the world since yesterday morning, even down to the teller screens in different parts of the world. They have been turning on and off all afternoon and evening. Through this morning, we have had folks checking in many different countries, and some have seen the rates at the CBI, at the bank level, and occasionally at the teller level. [post 1of 2....stay tuned]
5-16-2014 Newshound Guru Aggiedad77 Article: "Maliki back from his visit to China and sends Shahristani instead of him and his office: the decision was made to use the time to form a government" Interesting twist on things within the State Law coalition today...Maliki won't be making the trip to China after all...Deputy PM of Energy, Shahristani, will be going in his place...citing that Maliki's plate is too full right now with the political agenda regarding the new government and how things will pan out for him...Maliki apparently sees the need to be in town for the election outcomes and obvious posturing that will take place after that...or...is his jet sitting on the tarmac warming up for a quick getaway.
5-16-2014 Intel Guru Frank26 NO ONE knows the date, IMO...Not even the CBI knows yet. IMO, The IMF guards this info like Godzilla protecting her nest of eggs. IMO...When the IMF says the CBI has earned the right via article 8 compliance to receive an IR...It will be given at the last fractions of a nano second.
5-16-2014 Newshound Guru Kaperoni Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" Banks are in the business to make money, not give it out. For a currency to appreciate there must be an upside to the bank...which is the commission. The CBI is the manager of sorts for the dinar. Once they move to a float, the CBI's roll will change from in country currency daily auctions, to using those monetary tools to control the pace of the dinar appreciation buying/selling blocks of currency to control the liquidity in the global market. That is their job. That is what they are learning to do now under Article XIV. It make no sense to RV the Iraqi dinar and circumvent that responsibility. Nor will they.
5-16-2014 Intel Guru EXOGEN Forex waiting now live rates watching. Waiting!!! All is superfantastic. Right now the banks are in HIGH ALERT TONIGHT [Friday]!!
5-16-2014 Intel/Newshound Guru Poppy3 THERE IS NOW STRONG WORDS THAT MALIKI IS OUT AND MANY ARE MANEUVERING TO POSITION FOR A GREATER IRAQ WITH NEW LEADERSHIP. I JUST HOPE THEY MAKE BETTER CHOICES THIS TIME THAN BEFORE...
5-16-2014 Newshound Guru Kaperoni ...IMF Article IV Consultation [does] not mention any adjustment, RV prior to moving to a more flexible exchange rate policy. It is very clear that the dinar will simply move from the current policy (currency board) to a new Exchange Regime (some kind of float under Article VIII). This change does not involve a rate change first. Once they do so, the dinar will begin to rise based on Iraq's economic progress, oil production and effects of supply and demand. Those expecting an overnight event are mistaken. [post 2 of 2]
5-16-2014 Newshound Guru Kaperoni Article: "In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies" People don't understand there is no benefit for Iraq to RV the dinar. A gradual appreciation from 1166 is very profitable for Iraq as the dinar rises, the CBI buys/sells controlling the pace as a monetary tool receiving commissions just like they do now with the currency auctions. What incentive would the CBI have to RV and pass up that financial opportunity? None. [post 1 of 2....stay tuned] 5-15-2014 Newshound/Intel Guru BGG Looks like the new Dinars are in circulation now...a little bit. [The lower denoms?] only 250's and 500's that I can see...Not Lower Denoms...which is interesting they would reprint these in a more secure fashion and not all the others as well...they look exactly like the current notes - but with a little circle under the top left arabic numeral (embossed) for ease of identification...and the signature is different than before - reportedly Turki's.
5-15-2015 Newshound Guru Millionday some think that the dinar will float but what they fail to say or at least i would hope they are meaning to say is that it will be set at a rate first -- it will not float from 1166 --- that would be economic suicide and impossible for trade at a rate that is not a reality rate...in my opinion it will not float at first and will be put to a float after they change the calculations they are discussing here -- the SDR and how it is calculated...but the calculation does not come out to $1 -- by my opinion -- it comes out closer to what Kuwait has but it has not been released yet. this is great great news...IT MEANS WE ARE CLOSE ENOUGH TO BE TALKING ABOUT THE CALCULATION OF THE IQD. [post 2 of 2]
5-15-2015 Newshound Guru Millionday Report quote: "Says economist Faraj Saad Allah of the best solutions to address the low value Aldenarabraghi against other currencies is the diversity of the reserve with the Central Bank «reasoned that it« will make us deal with the exchange rate of the dinar according to the real value of it." they are talking about in the near future changing the way that calulation is done...but there is not enough time to make this change or anything like it before the reality value is set for the dinar... [post 1 of 2....stay tuned]
5-15-2014 Intel Guru Frank26 IMO: Once the IR is given to the CBI via the IMF...It can be hidden for a short time. But...Once the CBI presents it to the intern GOI...It will be visible via the CBI website.
5-15-2014 Newshound Guru Millionday Report quote: "Hashemi reflected the role of the free zones to attract investment companies through the signing of agreements and conclude contracts with the countries of the region..." SO WOW -- the signing of free zones in the Anbar area shows that maybe there has been some calming in the area and of course that some Iraqis tonight are excited that their jobs are about to begin and be more plentiful... they signed three contracts today for them.
5-15-2014 Newshound Guru Adam Montana [what would you say could be the next 2-3 issues of MAJOR importance that could come together that pushes us closer to our collective goal?] Everything that Kurdistan appears to be doing is PERFECT for us. I'm watching closely at this time. [Who won the election? Did they pass the budget? Where does the HCL stand? The currency auctions decreased for a few days then sky rocketed. What is going on there?] Election results won't be available in full for some time yet. Budget is in process, HCL is moving forward, and I don't pay attention to the auctions. (Until the rate changes, I don't think it's a reliable indicator of anything.)
5-15-2014 Intel/Newshound Guru Poppy3 RECEIVED WHAT MAY BE THE FIRST SLAM AGAINST MALIKI SINCE THE ELECTIONS AND I HAVE HEARD THAT SOME LEADERS HAVE ALREADY SAID MALIKI LOST VERY BAD AND WILL NEVER BE PM AGAIN. THEN WE GET THIS NEXT POST: "Iraq News Network - International Criminal Court decided to refer the Iraqi Prime Minister Nuri al-Maliki, a group of senior aides to court...the Court now has complete files crimes committed by al-Maliki and his aides..." SOUNDS LIKE THE WORST HE HAD EXPECTED IS STARTING TO HAPPEN. THIS SOUNDS VERY BAD FOR MALIKI AND VERY GOOD FOR ALL OF US.
5-15-2014 Intel Guru MarkZ We are actually much closer on this than we have been in months. [Then we are truly in a good spot.] I DO BELIEVE THAT IS THE TRUTH...
5-15-2014 Newshound/Intel Guru BGG [So how long does it take to count ballots in Iraq?] official results announced on the 25th.
5-15-2014 Intel Guru Jester [any new news today?] THE WORD I GET IS "CLOSE"... AND I BELIEVE THEY THINK THIS IS THE CASE... AND I HAVE NO REASON TO BELIEVE THEY ARE NOT CORRECT... WE ARE SEEING THE END OF THINGS IF EVERYTHING WILL GO THE WAY IT IS SUPPOSED TO...
5-15-2014 Intel/Newshound Guru Poppy3 I ASSURE YOU IF THE DFI FUNDS ARE RELEASED THEY WILL BE CLAIMED BY THESE COUNTRIES. THERE ARE MANY COUNTRIES THAT WHERE NOT PART OF THE PARIS AGREEMENT BUT THEY HAD ALSO FORGAVE CERTAIN %'S OF THEIR DEBT AND ACCEPTED DINAR FOR THE BALANCE TO BE PAID UPON THE RV OF THAT DINAR. THEY ARE WAITING AND HAVE BEEN JUST LIKE WE HAVE BEEN. THIS IS THE VERY REASON THE DFI FUNDS HAVE NOT BEEN RELEASED BEFORE AND WHY THEY WHERE PLACED UNDER THE PROTECTION FOR ALL THESE YEARS. [post 2 of 2]
5-15-2014 Intel/Newshound Guru Poppy3 [if their funds are no longer protected by the USA...can they be sued?] THEY WILL BE SUED BY THE COUNTRIES THAT THEY OWE THAT WERE NOT PART OF THE PARIS AGREEMENT. FROM A VALUED SOURCE FROM WASHINGTON...THESE COUNTRIES MET IN WASHINGTON THREE WEEKS AGO WITH THE IMF AND REPS FROM THE CBI STATING THEY WANT THEIR MONEY NOW (REVALUED). THESE COUNTRIES GOT PISSED WHEN THE PARIS GROUP WHERE PAID 90 BILLION A FEW WEEKS AGO AND THEY WHERE NOT PAID ANYTHING. THEY HAVE DEMANDED IN WRITING I AM TOLD THAT THEY BE PAID NOW, NOT LATER. [post 1 of 2....stay tuned]
5-15-2014 Newshound Guru Millionday Report Quote: "The Ministry of Finance, said on Wednesday that it would not seek renewal of American protection to Iraqi funds deposited in their banks, to assume the CBI liability management after coming out of Chapter VII of the Charter of the United Nations..." this reports gives us alot of info -- first that the coverage of funds will not be extended. Iraq wants the globe to have confidence in the country and their ability to maintain their own funds understandably. they are going to have international banking...and no one is concerned with the accounts they have with their control being given to Iraq.
5-15-2014 Intel Guru MarkZ Most government contacts went dead silent yesterday. The news of the evening is rates showing on closed forex screens around the globe. I believe they are testing them. If I were the person pulling the trigger I would pull it on a Friday afternoon. [is the VND still expected to be a higher rate than .20.] I believe so and IMO yes. [So do you really think that this will happen this time without people trying to block it again?] I do believe it will happen this time. The timing may not be exactly what we want but I am certain we are winding down quickly now. I am still hopeful that the next few days will bring us home. I honestly feel like we have passed the point of no return now...FINALLY!!!!
5-15-2014 Newshound Guru Millionday Report Quote: "The Ministry of Finance , said on Wednesday that it would not seek renewal of American protection to Iraqi funds deposited in their banks , to assume the CBI liability management after coming out of Chapter VII of the Charter of the United Nations..." this reports gives us alot of info -- first that the coverage of funds will not be extended. Iraq wants the globe to have confidence in the country and their ability to maintain their own funds understandably.
5-14-2014 Intel Guru MarkZ [you stated you believe nobody has been delaying this for the past week or so, but rather it's now just the process running its course. Is most of what is left to be completed related to the US taking certain steps for this to be fully ready?] yes. You summed up where I think we are. [when do you anticipate the international release?] I am feeling this weekend. A lot has been done. It will require a lot of final things getting done though. If I had to give a back wall based on the progress I have seen, I would say still in the month of May...even the most plugged in person still will not know the exact time. I am giving you my best guess. [post 2 of 2]
5-14-2014 Intel Guru MarkZ [It's been quiet about the RI...What happened to it?] it forced the RV/RESET conversation that it was intended to fire up. I honestly believe it was the straw that broke the camels back. [Are other countries are using the RI-dinar rate? or are they waiting for it to go live still?] waiting for it to go live. I do not believe it is being traded internationally yet. I believe they are bouncing it on the screens in preparation of the international release. [post 1 of 2....stay tuned]
5-14-2014 Newshound Guru Adam Montana [Would you please tell us just what all is left to be done before there will be an RV?] HCL is the biggest one. [What do ya think about executive order 13033 ending a week from Thursday?] It's kind of irrelevant to be honest. Iraq will do what they want to do regardless of any of our Executive Orders. [can you tell me if the rv will be announced before the Ramadam?] It definitely has a chance to! Things are looking good now.
5-14-2014 Intel/Newshound Guru Poppy3 I STILL SAY MALIKI WILL NOT BE PM WHEN THE ELECTION RETURNS ARE FINALLY ANNOUNCED ON THE 25TH. THERE IS JUST A TON OF STUFF HAPPENING BETWEEN NOW AND JUNE 1 SEEMS EVERY FEW DAYS ANOTHER MAIN EVENT IS HAPPENING AND THEY ALL FAVOR US AND THE BLESSING.
5-14-2014 Intel Guru TNT Tony I was asked to...stand down...we went out and verified what we were told. I was asked not to say too much ...we are not gonna upset the applecart. It's a great day to be an American and a superfantastic day to be a Dinarian. I'm upbeat, will talk to you very soon.
5-14-2014 Intel Guru Okie_Oil_Man I WOULD THINK TODAY IS A CRUCIAL TIME IN OUR JOURNEY. THE RESULTS OF WHETHER THE UST NOTES ARE DISPENSED IN CONJUNCTION TO THE STOCK MARKET WILL SPEAK VOLUMES TO US. I UNDERSTAND THE DINAR IS BEING WIDELY TRADED IN SPECIFIED COUNTRIES PRESENTLY. THIS IS VERY GOOD NEWS FOR US.
5-14-2014 Newshound Guru Kaperoni Another thought is it has nothing to do with the currency and more to do with the relations of the banks and the CBI. It also could be related to 13303. That maybe the World Bank does not agree with the release of the funds and ending of protection. And if the CBI goes forward with this, it will put Iraq's money at risk and thus collapsing the economy. This may be nothing more than the WB asking the GOI to ask the CBI to ask for another year of protection of funds. [post 2 of 2]
5-14-2014 Newshound Guru Kaperoni Article: "World Bank calls on the Iraqi Government to change the policy of the Central Bank" This is interesting...since the World Bank has always asked the GOI to stay out of the CBI business. Now they are asking the GOI to get involved? Hmmm. I would think if the CBI is persuing wrong monetary policy the IMF would have something to say. Something does not add up here. I don't think the World Bank could make such a statement since compliance and monetary policy are really under the IMF. [post 1 of 2....stay tuned]
5-14-2014 Intel Guru Frank26 HCL...Intern GOI working hard...But the one thing...of greater importance, IMO, is that the Tariff Law is now 100% completed. This knowledge...This news...on this law will soon be seen by all. Watch M [Maliki] and the Kurds. There is more coming from them this week. Change...Coming ...In Many Ways. Be SMART...Be Ready.
5-14-2014 Intel Guru Okie_Oil_Man [Do you TRULY think the US will finally let this go SOON?] ALL I KNOW IS WE ARE EXTREMELY CLOSE TO THIS COMING TO FRUITION. THE TRADERS ARE ALREADY TRADING THE DINAR (UNDER THE COVER OF DARKNESS) SO---WE SHOULD LOOK FOR IT VERY SOON AS THEY WOULD NOT BE TRADING A WORTHLESS CURRENCY.
5-14-2014 Newshound Guru Adam Montana Now consider the following: Parliament to name PM and Deputy. Kurdistan willing to bet on oil reserves and lose portion of budget...HMMMMM, does this sound like someone is confident in the value there? Kurdish Parliament expects to see formation of new gov’t. Kurdistan will lead the WORLD in oil production. KURDISTAN TALKING HCL BABY! Now that the Kurds are moving forward without getting all of the things they were demanding, what do you think might be happening? I don’t think it takes a rocket surgeon to figure out that things are moving in the right direction, my friends! If none of those links up there gave you a reason to smile, you might want to get your pulse checked. This is an EXCITING time for Iraq! [post 2 of 2]
5-14-2014 Newshound Guru Adam Montana Biggest news - Kurdistan is blazing trails! They obviously see no need to dilly-dally...which I find to be very encouraging. For those of you new to the Iraqi Dinar saga, here’s a little pro-tip - a huge factor in raising the value of the Dinar is a stable government. A stable government needs some “middle ground” between the Kurds and the rest of Iraq. One of the major issues is the budget, because that decides what money goes to the Kurdish region and what money goes to the rest of Iraq. The Kurds have been holding out for a larger piece of the pie, and Baghdad can’t argue too much, because the Kurds have so much oil! [post 1 of 2....stay tuned]
5-14-2014 Intel/Newshound Guru Poppy3 HERE IS MY LATEST UPDATE ON IRAQ---SEEMS THEY HAVE STATED THAT THEY WILL HAVE A TRADABLE CURRENCY THROUGH THE ISX BY MID YEAR IS THEIR GOAL AND WE ARE FAST APPROACHING MID YEAR ON JUNE 1. NEXT THE DFI RELEASE IS TO TAKE PLACE ON THE 22ND OF MAY WHICH REMOVES PROTECTION OF THEIR DFI FUNDS. IF I UNDERSTAND THIS RELEASE IT WILL ALLOW ALL THE COUNTRIES THAT I TOLD YOU LAST WEEK HAD BEEN MEETING TWO WEEKS AGO AND DEMANDING THEIR PAYMENTS IN EXCHANGED RE-VALUED CURRENCY FOR WAR RETRIBUTION...WILL FILE CLAIMS AGAINST ALL THOSE FUNDS IMMEDIATELY IF THEY ARE NOT PAID BEFORE THE RELEASE. ALL THIS INFORMATION AND MANEUVERING TELLS ME THAT THE RV IS IMMINENT.
5-14-2014 Newshound/Intel Guru BGG [whats w/kurds backing M [Maliki] ?] that would be the PUK (at best) and I am not sure I would buy into that just yet. the next 10 days will be full of that kind of stuff. Think...how have things gone for the Kurds since they backed him last time?
5-14-2014 Intel Guru Okie_Oil_Man [Is there going to be an international rate, a market rate and contract rates?] THATS WHAT WERE TOLD HOWEVER THEIR MAY BE STIPULATIONS ON SOME OF THE CONTRACT'S RATES THAT YOU WILL WANT TO CONSIDER---JUST CAUSE THE RATE IS PALATABLE DOESN'T PRECLUDE THE RESPONSIBILITY OR OVERSITE THAT MAY BE ASSOCIATED WITH IT---RIGHT NOW THE INTERNATIONAL RATE IS 3.78----THAT IS ALREADY ABOVE WHAT WE INITIALLY EXPECTED. [post 2 of 2]
5-14-2014 Intel Guru Okie_Oil_Man [Do the elections in Iraq have any bearing on the GCR? Does it make any difference if Maliki is reelected?] THINGS ARE WAY PAST ELECTIONS HAVING AN INFLUENTIAL EFFECT. [If the USA does not move forward with this, will we be left out?] THERE ARE NO WAY THIS WILL NOT HAPPEN---SEVERAL COUNTRIES ALREADY HAVE ACCEPTED THE RATE PROPOSED AND BEING UTILIZED---IT IS PAST THE POINT OF NO RETURN. [post 1 of 2....stay tuned]
5-14-2014 Newshound Guru Kaperoni Article: "Minister: Turkey starts sale of Kurdish oil to global markets" First we need further confirmation that in fact the Kurds are selling oil and Baghdad agrees, second, all it would do is provide an agreement so parliament can get back to work and start passing laws/the budget etc. It is pretty clear...that nothing will happen with the currency until after the elections are settled.
5-14-2014 Newshound Guru Aggiedad77 Article: "Deputy for National: do not legally merge the budgets of 2014 and 2015" This to me seems like it could be another delay tactic on the part of someone...how can they expect to merge a 2014 budget with a 2015 budget...on the one hand one can't be agreed upon by enough to pass it...on the other hand the other hasn't even been discussed yet...someone is dreaming IMO.
5-13-2014 Intel Guru Okie_Oil_Man [Is it a requirement that the new UST notes which are Basil III compliant come out before the GCR can happen?] IT IS/WAS SCHEDULED TO BE AT THE SAME TIME. [How long can Iraq go with an RI without it becoming an International Currency? Is there a time limit?] A MISNOMER--IRAQ...MESSED UP THE PROCEDURE THAT WAS TO BE FOLLOWED...WHEN THEY R/I ON THEIR OWN CONTRARY TO THE AGREEMENT WITH THE IMF AND UST. [Is it going to be an RI, an RV or a GCR since Iraq did the RI?] BY THE TIME WE GET IT, IT WILL BE CALLED AN EXCHANGEABLE CURRENCY AND IT WILL BE OF WORTH WHAT THE IMF, FOREX, BIS, AND THE CURRENCY PLAYERS DESIGNATE IT TO BE.
5-13-2014 Newshound Guru Millionday Article quote: "Mustafa al-Hashemi at the time delayed the approval of the budget year 2014 for reasons known and speculation to transfer files to the next Parliament, there has been speculation or proposals or attempts to merge the budgets of 2014-2015." they are discussing the idea of merging two years together...CBI has stated that they are moving forward with their job on the monetary reform with or without the budget in place and will be funding it with the international investment funds for contracts...
5-13-2014 Intel Guru MarkZ I can actually see the progress and reset occurring before my very eyes. I am very excited about the movement I am seeing.
5-13-2014 Intel Guru Okie_Oil_Man THERE HAS BEEN MANY, MANY, POSITIVE MOVES MADE THAT MAKE THE R/V CLOSER THAN EVER. I WOULD THINK WE ARE WELL PAST THE POINT OF WANDERING IF THIS WHOLE THING WAS REAL OR MEMOREX. THE DELAYS THAT SEEMED ENDLESS WITH EXCUSES HAS PAST. THE PRESSURE EXERTED ON THE USA TO INITIATE THE GLOBAL ACCEPTANCE OF THE DINAR IS EXCEEDINGLY GREAT AND THE USA HAS PAINTED THEMSELVES INTO A CORNER AND HAS TO STAND AND PRODUCE THIS TIME WITH NO OTHER EXCUSES BEING TOLERATED ON THE WORLD STAGE. [post 2 of 2]
5-13-2014 Intel Guru Okie_Oil_Man FROM INFORMATION RECEIVED TODAY THE NEW UST NOTES SHOULD BE COMING OUT WITHIN A FEW DAYS. THIS IS ANOTHER OF THE PREREQUISITES OF OUR BLESSING. IT APPEARS IT IS VERY NEAR BECAUSE OF THE ACCOMPLISHMENTS MADE WITHIN THE PAST FEW DAYS. [post 1 of 2....stay tuned]
5-13-2014 Newshound Guru Tlar Article quote: "Said Director of Arbil Stock Exchange Abdullah Ahmed, said... 'system will be introduced NASDAQ U.S. stock exchange Arbil, where will the system end of next month to Arbil Stock Exchange'. " [Are they saying NASDAQ will be on the Erbil Stock Exchange at the end of June? They will need international currency for this...correct?] In a word yes. To be an international exchange, you have to have your own international currency. We know that Shabibi did not delete the zeros in 2010 and that's the last the ISX has said anything about being international until this article to the best of my recollection. This article does seems to imply that or or around the middle of the year they will be an international exchange.
5-13-2014 Newshound Guru Aggiedad77 Article: "Legal: current parliament will continue until the adoption of the budget" Well this current Parliament's days are now numbered...and they believe they can get a budget passed before the end of the session...June 14, 2014...let's watch closely and see what transpires.
5-13-2014 Newshound Guru Stryker Answers (to some) questions on the follow up HUNTSVILLE, Ala. WHNT news Report [Sent to Dinar Guru members yesterday]concerning the Iraqi dinar: I too believe there will not be a world currency reset...but yet an adjustment made per the IMF & White House which states for all emerging and developing countries to be more flexible on the exchange rates... Kuwait wasn't revalued it was reinstated after the US helped Kuwait regain their land from Saddam... EO 13303 covers asset protection of frozen funds and did not give us the right to buy it...But before 2003 it was against Iraqi Saddam law to have Iraqi dinar outside Iraq so the currency being an Iraqi assets has it protected under 13303 and elsewhere and gave the dealers the ability to transport it outside Iraqi borders. The order doesn't cover this but the wording does. Stay with the facts and the ride will be much smoother. [Dinar Guru members were sent this full news report yesterday--not a member? Sign up in the blue box above.] [post 2 of 2]
5-13-2014 Newshound Guru Stryker HUNTSVILLE, Ala. WHNT news Report: [what’s your opinion on the TV show with the so-called currency expert?] I have heard all these type of misleading half informed reports over the years and they are all the same. Report only the part of the story that says scam and that have drama for ratings and not the complete story. Just keep in mind that these news agencies don't keep up with Iraq as we do, as they most likely never covered what is going on in Iraq right now in this report, just what they perceive it to be, a scam. The dinar is a real currency with real value. [post 1 of 2....stay tuned]
5-13-2014 Intel Guru Frank26 Article quote: "The Committee Member said Faleh Sari for daily “Alalam” that “the Central Bank told the House Finance Committee will follow the new theme mechanism will make a significant contribution in raising the value of Iraqi dinars before next June and will be the mechanism to raise the value of the Iraqi dinar against the US dollar.” This 2013 article from the CBI is the premise of our studies...it is encouraging if not obvious to see that the CBI and GOI may actually keep this goal on target and reach it ...BEFORE JUNE!!!
5-13-2014 Intel Guru Nova [via Frank26] There is nothing else to say except to wait for an Internationally recognizable currency to be assigned to the CBI via the IMF due to their IMF's qualification on article 8 full compliance.
5-13-2014 Newshound Guru Kaperoni Article: "43% drop in the value of the trading stock of Baghdad in April 2014" IMO, they better open the door soon for international investors or the Iraqi market will die.
5-13-2014 Intel/Newshound Guru Poppy3 IF YOU GUYS HAVE LISTENED TO THE ALABAMA NEWS REPORT, THE NEWS MEDIA SAID THE BIGGEST RUMOR THAT HAS ZERO TRUTH TO IT IS A GCR. REMEMBER WHAT OLD POPPY3 POSTED LAST MONTH AND AGAIN A COUPLE DAYS AGO: THERE WILL NOT BE A GCR AS MANY WANT YOU TO BELIEVE. [Reference Poppy3 post 5-10-2014] THAT [NEWS] REPORT WAS SO INCOMPLETE IT WAS FUNNY ON MANY POINTS. THESE PEOPLE REPORTING HAD NO IDEA THE SITUATION IN IRAQ AND WHEN THE GUY SAID SOMETHING LIKE THIS HAS NEVER HAPPENED I THOUGHT...WHERE DID THEY GET THIS [GUY]. THIS HAS HAPPENED MANY TIMES, IN FACT 7 TIMES WHERE COUNTRIES HAVE BEEN LIBERATED BY WAR... [Dinar Guru members were sent this full news report yesterday--not a member? Sign up in the blue box above.]
5-13-2014 Newshound Guru Millionday [Any news on election results?] it is counted internationally and they are completing the rest inside the country.
5-13-2014 Newshound Guru Kaperoni Article: "Finance : new proposals to address Iraq's debt" Quote: "9 days to raise funds for the protection of the American government and hedge ..." [I think if the US was going to protect these funds again we would have already herd by now.] I believe last year they announced the extension only a day or two before.
5-13-2014 Intel Guru DC The contract rates are still available because the oil credit deal is still there. Also, the way they have accepted the RI and some other documentation means that unless the US becomes a complete idiot, that contract is very much in place. There will be different levels available, with higher taxes and restrictions (option A), medium taxes+restrictions (option B) or international rates without restrictions (option C). We understand those three options are still in play. Iraq is very prepared...they are very prepared for the new coalition government. We are back on the 1” yard line, and looking for everything going through. That’s what we are expecting and hoping for. [post 2 of 2]
5-13-2014 Intel Guru DC [via Adept1] we were on the ½ inch line...with some near touchdowns, but were called back. A lot of very positive things have started happening again. [How long can this go on, how much longer can they keep the CBI from showing the RI, and the agreements that have been signed?] We have already passed the stated deadlines. I really don’t know. With the RI and positive moves by the, we believe that there is not much left to do. We understand that Iraq is trying to force of the system to go through... their time is running out, so they are now on overtime. [post 1 of 2....stay tuned] 5-12-2014 Newshound Guru Millionday i have to say that no one knows when -- what they have stated is that they are activating the economic reform and in a hurry -- so i cant say june -july -- or anytime -- but i can say that it has been announced in all media that Iraq is ready for all global banking now. [post 2 of 2]
5-12-2014 Newshound Guru Millionday [so you're thinking once the budget is done the currency reform will happen?] the point of us knowing that CBI is going to activate it with or without it doesnt matter if they have decided to get the budget done first or at the same time... it seems that they are trying to get it all done...if they dont get it done (budget) CBI has stated that they are activating through international investment funds the private banking. the thing is that it seems that they are trying to get the budget done for the economic reform activation. we will have to see what they do -- we know what they have stated. [post 1 of 2....stay tuned]
5-12-2014 Intel Guru TNT Tony It was a confusing weekend. We were told they were looking for any excuse to justify not doing it. Nothing happenned on Saturday and was supposedly stopped because there are still people that don't want this to happen. I don't truly know what the reason is. Another group is going all out to see this does happen. We are not at the bank yet so we know who is winning. Iraq notified its people again about their RI. Scrolling on the bottom of their TV is "Iraq is now ready for global banking". Contractors in Iraq were paid at a rate of $3.78. Challenges have been overcome and am looking for it today, tomorrow, Wednesday.
5-12-2014 Intel Guru Mnt Goat The stalemate continues. My sources are telling me now that if the citizens of the USA and around the world do not stand up for justice...we may not see the conclusion to this RV process until maybe 2015, if even then, if we are lucky. This will drag on and on...the USA controls the final link to getting the new rates international. The USA also controls the web site for the CBI and so this site too can not be updated with the new rates until the USA completes the rollout to all downstream applications. There is talk that the CBI is contracting with a company now to build their own site and roll it out very soon with the new rates to advert the USA influence. The IMF is encouraging this as a means to ensure they can control their currency independent of the USA.
5-12-2014 Intel/Newshound Guru Poppy3 THEY WANT TO KNOW WHOM ALL IS IN THE PICTURE AND CONTROL OF THE PRIME MINISTERSHIP AND THE CBI BEFORE THEY MAKE A FULL RELEASE. I MIGHT ADD THEY WILL KNOW LONG BEFORE WE WILL WHO IS IN THESE POSITIONS. I TAKE THIS AS GREAT NEWS. ALL THIS COULD BE DECIDED VERY SHORTLY. [post 2 of 2]
5-12-2014 Intel/Newshound Guru Poppy3 ...LAST MONTH I REPORTED THAT ONE OF MY SOURCES TOLD ME THAT THE IMF & CBI HAD DECIDED THEY WOULD HOLD THE RV TILL POST ELECTION AND THEY KNEW FOR SURE THAT MALIKI WAS OUT AND THEY KNEW EXACTLY WHOM THEY WOULD BE WORKING WITH AND THAT THEY WOULD KNOW THAT TURKI WOULD STAY AS THE GOVERNOR OF THE CBI? WELL JUST GOT A CALL REMINDING ME THAT HE IS STILL STANDING ON THAT INFORMATION AND THAT IT IS THE ABSOLUTE SITUATION. [post 1 of 2....stay tuned]
5-12-2014 Newshound/Intel Guru BGG [Do u ever think its not gonna happen...?] if I stay focused on the news...it has the feel of inevitability, JMHO. [I believe it will happen that's why i invested.] I do too - while there are no guarantees - as time goes on, there is mounting evidence this was (and probably still is) a good play.
5-12-2014 Newshound Guru Tlar Article: "Inside Iraq within the agreement « leaning back FATCA" Quote: "Saleh said in a statement ( morning) that this work gives immunity mutual agreement of both Iraq and the United States in the field of taxes and follow the movement of money in addition to that it increases the transparency in the exchange of information between the two sides of government." Things like this only lend credibility to an RV coming. IMO this is a law that is intended to stop anyone thinking of going to Iraq to cash out. It is not specifically written for that but it opens the door for the US to inquire about any US citizen’s private bank account in Iraq. So any of you that were thinking of going to Iraq to avoid paying taxes in the US, BEWARE.
5-12-2014 Newshound Guru Millionday Iraq has been told and stated through announcements that they are ready for all global banking. 5-11-2014 Intel/Newshound Guru Poppy3 NOTHING NEW AT ALL FROM SOURCES, LAST THEY SAID SEVERAL TIMES THIS CAN FALL AT ANY TIME, ANY DAY
5-11-2014 Newshound Guru Tlar Iraq has stated their desire to join the GCC [Gulf Cooperation Council] early on. The GCC wants to have a common currency. Iraq would never want to join the GCC at 1166 per US dollar. It would greatly disadvantage them in trade and restrict them if their intention is to return to there former value quickly. So we can pretty much assume that when Iraq does fully join the GCC and they have shown a desire to do so at some point, that the value of their currency will be much higher than it is at present. Iraq must change the value of their currency before they seek full membership... [So...is your 60 day window still in effect?] Yes, I think the 60 days is still intact...I will leave it as a belief we are on track to see a monetary change in or before July of this year. I hope everything we have read and heard comes to pass and at least this time I still believe it will.
5-11-2014 Newshound Guru tlm724 Article: "Businessmen are demanding enactment of laws revive the economy and attract international companies" once again we see where the lack of legislation is hindering progress! The new parliament has their job cut out for them but these laws can done with relative ease if they work together instead of against each other.
5-11-2014 Newshound Guru Millionday the negotiations for all the seats for kurds has begun and they are expecting total power sharing -- so that is of course constitutional compliance and also -- political stability. [so the kurds think they will get the power sharing agreement soon, thats a good thing.] i agree -- huge encouragement for them and their place in the government and the overall direction of the New Iraq. [maybe they will get hcl done with this taking place?] it appears they have it but have not activated due to lack of funding it -- when the reforms are done they will have it in place imo.
5-11-2014 Intel/Newshound Guru Poppy3 ...I HAVE BEEN TOLD BY SOLID SOURCES THAT THE COUNTRIES THAT IRAQ OWES WAR RETRIBUTION HAVE MET ALL LAST WEEK AND THEY ARE NOW DEMANDING PAYMENT ON THE DINAR THEY TOOK IN LIEU OF BALANCE OWED BACK YEARS AGO AT THE END OF THE WAR. MANY OF THEM FORGAVE UP TO 60% OF THE DEBT AND TOOK THE BALANCE OWED IN DINAR. THEY KNOW MUCH OF THE PARIS GROUP COUNTRIES HAVE BEEN PAID AND THESE ARE MANY OTHER COUNTRIES THAT WHERE NOT PART OF THE PARIS GROUP AND...AND NOW DEMANDING THEIR PAY ALSO.
5-11-2014 Intel Guru Frank26 [May 25th stands out to me for some reason.] If on that day they tell You the election results ...Then Logic and some of my very smart Team members believe we need to see a rate first. Time...Timing...Will tell.
5-11-2014 Newshound Guru Millionday there is a major ISX conference coming up on May 14th and 15th...they are marketing and also informing all about the ISX... for investors to have access to the isx -- they have to be internationally recognized and also they have to be compliant with global trade laws and regulations -- the isx in order to be hooked to the global stock markets has to be set with a reality rate due to the pairing with all international currencies that will occur for the figures for trade on the market and off --- they have to have a reality rate to enter the world stock markets. [will the rv/ri occur prior to this meeting?] the meeting is informative but if the rate will be set before or not we do not know in ink yet.
5-10-2014 Intel/Newshound Guru Poppy3 I HAVE BEEN TOLD TODAY SOME FACTIONS ARE TRYING TO HOLD THE CBI AND IMF UP IN THE RELEASE. I DON’T THINK AT THIS POINT THEY WILL BE SUCCESSFUL. ACCORDING TO THE SOURCES THAT GAVE ME THE INFORMATION – THIS CAN POP UP ANYTIME NOW.
5-10-2014 Intel Guru MarkZ ...all the news today is excellent. Things actually do appear to be headed over the rainbow to the little guy and his pot o' gold. [Could this be our week finally!!] I fully expect it to be.
5-10-2014 Intel/Newshound Guru Poppy3 THERE WILL NOT BE A GCR AS MANY...WANT YOU TO BELIEVE. IT HAS ZIP TO DO WITH A RV OF DINAR. YES THERE WILL BE SOME MIDDLE EAST AND SURROUNDING CURRENCIES THAT TRADE DAILY WITH IRAQ THAT WILL HAVE TO ADJUST THEIR CURRENCIES FOR THE PURPOSE OF TRADE WITH IRAQ BUT THERE WILL NOT BE SOME 100 PLUS COUNTRIES ADJUSTING OR RVING THEIR CURRENCIES...
5-10-2014 Newshound Guru Millionday i dont know the date -- i do know that CBI has stated in multiple reports that they are ready for the banking reform to go forward with the step of changing the value and the international rates so now we wait -- they have not said we will have to wait a long time or we wont -- but they have shown a newly gained care for the citizens and their own economic future for the region and for them.
5-10-2014 Intel/Newshound Guru American Contractor In a few weeks, the Development Fund for Iraq (DFI) will expire on 22 May just like it has every year since 2003. There are lien holders, pending litigation and lawsuits against the Iraq governments previous regime. The DFI funds are held in a New York bank and the Ministry of Finance has access to these funds. The DFI account will continue being held in New York until after 22 May and will not be exposed to the numerous liens, lawsuits and creditors. The Iraq government will not risk losing those DFI funds.
5-10-2014 Intel Guru TerryK ...I HAVE BEEN ASKED TO BE QUIET BUT I WANTED TO SHARE SOME NEWS I GOT YESTERDAY…I WAS ADVISED THAT THE CMKX IS ALL READY TO MOVE WITH IN A WEEK …I WAS ALSO TOLD THAT WE ARE TO SEE THIS PRIOR TO THE 15TH. OK SO IM THINKING THAT THIS MAYBE THE WEEK OF THE BLESSING…WHAT I WAS TOLD WAS THEY WANT THIS IN PLACE BEFORE THEY SEAT THE NEW MEMBERS OF THE GOV. NOW I HEARD LAST WEEK THAT THE DINAR WILL GO BY ITS SELF…THE DONG A WEEK LATER...
5-10-2014 Newshound Guru Millionday ...we are waiting on the rates to be set and released for trade --- they have stated that they are in the middle of it so i would think now that the international citizens should be receiving their cards and form of payment and also am looking for the finishing of regulations coming out to the public eye on all issues -- i see nothing that is holding things up so -- the steps we were told about process is what i would say is going on -- so watching for announcements on each of those steps as they occur.
5-10-2014 Intel/Newshound Guru American Contractor The Iraq federal budget for 2014 will continue to be delayed as they wait for the next government to be seated. It is possible that the next seated government will have to work on both the 2014 and 2015 budgets. The next government will have to work harder than they ever have to accomplish this task. Projects in Iraq are suspended or stopped altogether because of the Iraqi Parliament Speaker and the Parliament members failing to pass a federal budget. More delays, not a shocker.
5-10-2014 Newshound Guru Kaperoni ...those who keep posting the dinar will RV/RI or go up in value, today, tomorrow or even within 60 days are nuts. You have a country with close to 1/3 of its demographic controlled by terrorists. These terrorists are destroying the infrastructure, bridges, roads, buildings, electric, waterways and as this article states..they control these banks. You think that the CBI is going to raise the value during all of this? While they still are not in compliance with the IMF? Not happening. I said it over and over, watch the GOI, watch Parliament. The economic reform laws and banking laws need to pass. As well this terrorist issue needs to be resolved. And the CBI needs to meet the conditions set forth within the Article IV Consultation from May 2013. Nothing happens fast in Iraq. Everyone needs to relax and plan for late 2014 at best.
5-10-2014 Intel Guru MarkZ [...are we about to see the RV?] IMO, heck yes we are about to see it. I refuse to give you a timeline but I expect it this month... [tony (Intel Guru TNT Tony) said this will be the best weekend- of our journey!] He will very likely be right.
5-10-2014 Newshound Guru Millionday [On Monday was there not a report that the IMF came out and told the cbi to set a rate?] yes they ordered it to be set by the report we had -- the exchange rate to the USD... in ink. 5-9-2014 Newshound Guru Stryker I have so much faith at this point that the CBI and a newly form government will have what it takes to implement reform...Do not let anyone tell you that everything is done because it is not, we are proving that by the mere actions of the events unfolding in Iraq right now. The real FACTS are pointing us to the truth and the real possibilities of a nice windfall for all [of] us...All of us that have been so bold as to invest in this war torn country, us that have believed in this wealth country called Iraq...
5-9-2014 Intel Guru TNT Tony Everyone around the globe is being quiet today for a reason. I'm feeling SUPERFANTASTIC today and so should you. We should have the best Monday of this entire adventure.
5-9-2014 Newshound Guru Millionday [Has the budget for this yr been voted on for the second time?] the budget is ready to be voted on and they have decided to vote on it sunday with or without the kurds.
5-9-2014 Newshound Guru Tlar It is my opinion that anyone who holds the currency will benefit. I believe the nominal rate is what they will change first (delete the leading zeros) so whatever that turns out to be, that will be the value of the physical dinar. If the nominal rate is changed to one to one, the million dinars you hold will be worth 1 million US before the taxes are paid. For those that hold accounts in Iraq, it is my belief that they will not lose or gain in value. Right or wrong that's my belief.
5-9-2014 Intel Guru Mnt Goat Bad News: Having just said the good news I also have to say I do not believe a word of it. Yes – everything is set to go and can go successfully if they are allowed to continue the RV process to completion...my contact has already told me they intend to once again stall the process...until Maliki’s mandate with the government as prime minister is over on June 14 2014... Do not look for the RV prior to this date. It has nothing to do about the elections other than he knows his days are numbered and he will not get a third term. He is attempting desperately to get his hands on more money. The 2014 budget too will not pass until he is gone... We wait and see what will happen this weekend. [post 2 of 2]
5-9-2014 Intel Guru Mnt Goat Good News: I am being told that from Thursday 5/8 until Sunday 5/11 we are in an excellent window to see the rollout of the revaluation. Note I said revaluation and not reinstatement. As I have said before they are going to trigger off a revaluation using the reinstatement rate from 4/26 and a starting point. I did tell you previously that this might happen and so it is now in play. I am told plans are being made for us to be at the banks next week. This extension given by the IMF bought them some time to reorganize and setup for this process. [post 1 of 2....stay tuned]
5-9-2014 Intel Guru MarkZ [what Defcon level do you put this at right now?] 1 for the next week. [are we looking to a certain individual that will make the announcement for the GCR?] I am yes. It would be irresponsible of me to say who that is though. For the record folks...I do not believe anyone is holding this up any longer. [is it true that the funds for the RI/RV are in Iraq?] I am told the money for the rv exchange US holders is already here. I can't comment on rates. We shouldn't worry about rates though. They look to be great and fair. Let's just focus on DONE. [post 2 of 2]
5-9-2014 Intel Guru MarkZ [seems to me that since the original plan was to have an RV and the Dinar was the linchpin of the GCR, that this has to still come in as an RV and not as an RI. The other countries all signed off on the rates already and were agreed to and it would have to all be redone. We are looking at an RV...?] That is why Maliki pulling the RI stunt forces the RV/reset action. A pain in the ass logistically but a needed push as I see it. [if M is not the new PM, can the new PM rescind the RI when he takes office?] If he could get the CBI to agree but he won't. IMO. [post 1 of 2....stay tuned]
5-9-2014 Newshound Guru Adam Montana [I read...that the Iraq election ballots will take about a month to count and tally. If this is true then would you say that we wont see anything as far a real RV progress until those ballots are fully counted and a new PM is elected?] I think that's a reasonable assumption. Here's something to consider, though: Say things are looking in Maliki's favor, and the opposition starts to get riled up. Maliki calls the RV...That would completely destroy his opponent's chances of any kind of recall or anything else, wouldn't it? [Do you think they will wait to pass the budget until after the new GOI is seated?] No, I don't see too much delay in this process.
5-9-2014 Newshound Guru Kaperoni ...thinking a reduction in auction sales means they are about to raise the value of the dinar. Wrong! The CBI is not compliant with the IMF. Until they prove they can do what is asked of them (via the Article IV Consultation) the CBI is not moving to Article VIII nor a new exchange regime. The recent statement that said "mid year" or June does not imply a change in value of the dinar, but compliance with the IMF. Nothing more. If the CBI meets that goal of mid year or June, we still need laws to be passed for economic and banking reform. There is much to be done yet before we can hope for an increase in the value of the dinar. [post 2 of 2]
5-9-2014 Newshound Guru Kaperoni Article: "Decline in central bank sales of dollar at the end of the auction week" We will have to wait and see if they remain low. It makes no sense when these banks are currently nothing more than money exchangers so commissions are important to them. We can guess that the issuance of new dinar may have curbed some desire to use dollars in the market. But the Iraqi economy still needed dollars for imports. Why they are low is anyone's guess but these auctions are important to maintain the exchange rate and...to reduce the spread from Official Rate to Market Rate. If anything, I was expecting the number of banks and money exchangers participating to increase over the coming weeks - not decrease. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz31p2vcZJR
5-14-2014 Intel Guru MarkZ [It's been quiet about the RI...What happened to it?] it forced the RV/RESET conversation that it was intended to fire up. I honestly believe it was the straw that broke the camels back. [Are other countries are using the RI-dinar rate? or are they waiting for it to go live still?] waiting for it to go live. I do not believe it is being traded internationally yet. I believe they are bouncing it on the screens in preparation of the international release. [post 1 of 2....stay tuned]
5-14-2014 Newshound Guru Adam Montana [Would you please tell us just what all is left to be done before there will be an RV?] HCL is the biggest one. [What do ya think about executive order 13033 ending a week from Thursday?] It's kind of irrelevant to be honest. Iraq will do what they want to do regardless of any of our Executive Orders. [can you tell me if the rv will be announced before the Ramadam?] It definitely has a chance to! Things are looking good now.
5-14-2014 Intel/Newshound Guru Poppy3 I STILL SAY MALIKI WILL NOT BE PM WHEN THE ELECTION RETURNS ARE FINALLY ANNOUNCED ON THE 25TH. THERE IS JUST A TON OF STUFF HAPPENING BETWEEN NOW AND JUNE 1 SEEMS EVERY FEW DAYS ANOTHER MAIN EVENT IS HAPPENING AND THEY ALL FAVOR US AND THE BLESSING.
5-14-2014 Intel Guru TNT Tony I was asked to...stand down...we went out and verified what we were told. I was asked not to say too much ...we are not gonna upset the applecart. It's a great day to be an American and a superfantastic day to be a Dinarian. I'm upbeat, will talk to you very soon.
5-14-2014 Intel Guru Okie_Oil_Man I WOULD THINK TODAY IS A CRUCIAL TIME IN OUR JOURNEY. THE RESULTS OF WHETHER THE UST NOTES ARE DISPENSED IN CONJUNCTION TO THE STOCK MARKET WILL SPEAK VOLUMES TO US. I UNDERSTAND THE DINAR IS BEING WIDELY TRADED IN SPECIFIED COUNTRIES PRESENTLY. THIS IS VERY GOOD NEWS FOR US.
5-14-2014 Newshound Guru Kaperoni Another thought is it has nothing to do with the currency and more to do with the relations of the banks and the CBI. It also could be related to 13303. That maybe the World Bank does not agree with the release of the funds and ending of protection. And if the CBI goes forward with this, it will put Iraq's money at risk and thus collapsing the economy. This may be nothing more than the WB asking the GOI to ask the CBI to ask for another year of protection of funds. [post 2 of 2]
5-14-2014 Newshound Guru Kaperoni Article: "World Bank calls on the Iraqi Government to change the policy of the Central Bank" This is interesting...since the World Bank has always asked the GOI to stay out of the CBI business. Now they are asking the GOI to get involved? Hmmm. I would think if the CBI is persuing wrong monetary policy the IMF would have something to say. Something does not add up here. I don't think the World Bank could make such a statement since compliance and monetary policy are really under the IMF. [post 1 of 2....stay tuned]
5-14-2014 Intel Guru Frank26 HCL...Intern GOI working hard...But the one thing...of greater importance, IMO, is that the Tariff Law is now 100% completed. This knowledge...This news...on this law will soon be seen by all. Watch M [Maliki] and the Kurds. There is more coming from them this week. Change...Coming ...In Many Ways. Be SMART...Be Ready.
5-14-2014 Intel Guru Okie_Oil_Man [Do you TRULY think the US will finally let this go SOON?] ALL I KNOW IS WE ARE EXTREMELY CLOSE TO THIS COMING TO FRUITION. THE TRADERS ARE ALREADY TRADING THE DINAR (UNDER THE COVER OF DARKNESS) SO---WE SHOULD LOOK FOR IT VERY SOON AS THEY WOULD NOT BE TRADING A WORTHLESS CURRENCY.
5-14-2014 Newshound Guru Adam Montana Now consider the following: Parliament to name PM and Deputy. Kurdistan willing to bet on oil reserves and lose portion of budget...HMMMMM, does this sound like someone is confident in the value there? Kurdish Parliament expects to see formation of new gov’t. Kurdistan will lead the WORLD in oil production. KURDISTAN TALKING HCL BABY! Now that the Kurds are moving forward without getting all of the things they were demanding, what do you think might be happening? I don’t think it takes a rocket surgeon to figure out that things are moving in the right direction, my friends! If none of those links up there gave you a reason to smile, you might want to get your pulse checked. This is an EXCITING time for Iraq! [post 2 of 2]
5-14-2014 Newshound Guru Adam Montana Biggest news - Kurdistan is blazing trails! They obviously see no need to dilly-dally...which I find to be very encouraging. For those of you new to the Iraqi Dinar saga, here’s a little pro-tip - a huge factor in raising the value of the Dinar is a stable government. A stable government needs some “middle ground” between the Kurds and the rest of Iraq. One of the major issues is the budget, because that decides what money goes to the Kurdish region and what money goes to the rest of Iraq. The Kurds have been holding out for a larger piece of the pie, and Baghdad can’t argue too much, because the Kurds have so much oil! [post 1 of 2....stay tuned]
5-14-2014 Intel/Newshound Guru Poppy3 HERE IS MY LATEST UPDATE ON IRAQ---SEEMS THEY HAVE STATED THAT THEY WILL HAVE A TRADABLE CURRENCY THROUGH THE ISX BY MID YEAR IS THEIR GOAL AND WE ARE FAST APPROACHING MID YEAR ON JUNE 1. NEXT THE DFI RELEASE IS TO TAKE PLACE ON THE 22ND OF MAY WHICH REMOVES PROTECTION OF THEIR DFI FUNDS. IF I UNDERSTAND THIS RELEASE IT WILL ALLOW ALL THE COUNTRIES THAT I TOLD YOU LAST WEEK HAD BEEN MEETING TWO WEEKS AGO AND DEMANDING THEIR PAYMENTS IN EXCHANGED RE-VALUED CURRENCY FOR WAR RETRIBUTION...WILL FILE CLAIMS AGAINST ALL THOSE FUNDS IMMEDIATELY IF THEY ARE NOT PAID BEFORE THE RELEASE. ALL THIS INFORMATION AND MANEUVERING TELLS ME THAT THE RV IS IMMINENT.
5-14-2014 Newshound/Intel Guru BGG [whats w/kurds backing M [Maliki] ?] that would be the PUK (at best) and I am not sure I would buy into that just yet. the next 10 days will be full of that kind of stuff. Think...how have things gone for the Kurds since they backed him last time?
5-14-2014 Intel Guru Okie_Oil_Man [Is there going to be an international rate, a market rate and contract rates?] THATS WHAT WERE TOLD HOWEVER THEIR MAY BE STIPULATIONS ON SOME OF THE CONTRACT'S RATES THAT YOU WILL WANT TO CONSIDER---JUST CAUSE THE RATE IS PALATABLE DOESN'T PRECLUDE THE RESPONSIBILITY OR OVERSITE THAT MAY BE ASSOCIATED WITH IT---RIGHT NOW THE INTERNATIONAL RATE IS 3.78----THAT IS ALREADY ABOVE WHAT WE INITIALLY EXPECTED. [post 2 of 2]
5-14-2014 Intel Guru Okie_Oil_Man [Do the elections in Iraq have any bearing on the GCR? Does it make any difference if Maliki is reelected?] THINGS ARE WAY PAST ELECTIONS HAVING AN INFLUENTIAL EFFECT. [If the USA does not move forward with this, will we be left out?] THERE ARE NO WAY THIS WILL NOT HAPPEN---SEVERAL COUNTRIES ALREADY HAVE ACCEPTED THE RATE PROPOSED AND BEING UTILIZED---IT IS PAST THE POINT OF NO RETURN. [post 1 of 2....stay tuned]
5-14-2014 Newshound Guru Kaperoni Article: "Minister: Turkey starts sale of Kurdish oil to global markets" First we need further confirmation that in fact the Kurds are selling oil and Baghdad agrees, second, all it would do is provide an agreement so parliament can get back to work and start passing laws/the budget etc. It is pretty clear...that nothing will happen with the currency until after the elections are settled.
5-14-2014 Newshound Guru Aggiedad77 Article: "Deputy for National: do not legally merge the budgets of 2014 and 2015" This to me seems like it could be another delay tactic on the part of someone...how can they expect to merge a 2014 budget with a 2015 budget...on the one hand one can't be agreed upon by enough to pass it...on the other hand the other hasn't even been discussed yet...someone is dreaming IMO.
5-13-2014 Intel Guru Okie_Oil_Man [Is it a requirement that the new UST notes which are Basil III compliant come out before the GCR can happen?] IT IS/WAS SCHEDULED TO BE AT THE SAME TIME. [How long can Iraq go with an RI without it becoming an International Currency? Is there a time limit?] A MISNOMER--IRAQ...MESSED UP THE PROCEDURE THAT WAS TO BE FOLLOWED...WHEN THEY R/I ON THEIR OWN CONTRARY TO THE AGREEMENT WITH THE IMF AND UST. [Is it going to be an RI, an RV or a GCR since Iraq did the RI?] BY THE TIME WE GET IT, IT WILL BE CALLED AN EXCHANGEABLE CURRENCY AND IT WILL BE OF WORTH WHAT THE IMF, FOREX, BIS, AND THE CURRENCY PLAYERS DESIGNATE IT TO BE.
5-13-2014 Newshound Guru Millionday Article quote: "Mustafa al-Hashemi at the time delayed the approval of the budget year 2014 for reasons known and speculation to transfer files to the next Parliament, there has been speculation or proposals or attempts to merge the budgets of 2014-2015." they are discussing the idea of merging two years together...CBI has stated that they are moving forward with their job on the monetary reform with or without the budget in place and will be funding it with the international investment funds for contracts...
5-13-2014 Intel Guru MarkZ I can actually see the progress and reset occurring before my very eyes. I am very excited about the movement I am seeing.
5-13-2014 Intel Guru Okie_Oil_Man THERE HAS BEEN MANY, MANY, POSITIVE MOVES MADE THAT MAKE THE R/V CLOSER THAN EVER. I WOULD THINK WE ARE WELL PAST THE POINT OF WANDERING IF THIS WHOLE THING WAS REAL OR MEMOREX. THE DELAYS THAT SEEMED ENDLESS WITH EXCUSES HAS PAST. THE PRESSURE EXERTED ON THE USA TO INITIATE THE GLOBAL ACCEPTANCE OF THE DINAR IS EXCEEDINGLY GREAT AND THE USA HAS PAINTED THEMSELVES INTO A CORNER AND HAS TO STAND AND PRODUCE THIS TIME WITH NO OTHER EXCUSES BEING TOLERATED ON THE WORLD STAGE. [post 2 of 2]
5-13-2014 Intel Guru Okie_Oil_Man FROM INFORMATION RECEIVED TODAY THE NEW UST NOTES SHOULD BE COMING OUT WITHIN A FEW DAYS. THIS IS ANOTHER OF THE PREREQUISITES OF OUR BLESSING. IT APPEARS IT IS VERY NEAR BECAUSE OF THE ACCOMPLISHMENTS MADE WITHIN THE PAST FEW DAYS. [post 1 of 2....stay tuned]
5-13-2014 Newshound Guru Tlar Article quote: "Said Director of Arbil Stock Exchange Abdullah Ahmed, said... 'system will be introduced NASDAQ U.S. stock exchange Arbil, where will the system end of next month to Arbil Stock Exchange'. " [Are they saying NASDAQ will be on the Erbil Stock Exchange at the end of June? They will need international currency for this...correct?] In a word yes. To be an international exchange, you have to have your own international currency. We know that Shabibi did not delete the zeros in 2010 and that's the last the ISX has said anything about being international until this article to the best of my recollection. This article does seems to imply that or or around the middle of the year they will be an international exchange.
5-13-2014 Newshound Guru Aggiedad77 Article: "Legal: current parliament will continue until the adoption of the budget" Well this current Parliament's days are now numbered...and they believe they can get a budget passed before the end of the session...June 14, 2014...let's watch closely and see what transpires.
5-13-2014 Newshound Guru Stryker Answers (to some) questions on the follow up HUNTSVILLE, Ala. WHNT news Report [Sent to Dinar Guru members yesterday]concerning the Iraqi dinar: I too believe there will not be a world currency reset...but yet an adjustment made per the IMF & White House which states for all emerging and developing countries to be more flexible on the exchange rates... Kuwait wasn't revalued it was reinstated after the US helped Kuwait regain their land from Saddam... EO 13303 covers asset protection of frozen funds and did not give us the right to buy it...But before 2003 it was against Iraqi Saddam law to have Iraqi dinar outside Iraq so the currency being an Iraqi assets has it protected under 13303 and elsewhere and gave the dealers the ability to transport it outside Iraqi borders. The order doesn't cover this but the wording does. Stay with the facts and the ride will be much smoother. [Dinar Guru members were sent this full news report yesterday--not a member? Sign up in the blue box above.] [post 2 of 2]
5-13-2014 Newshound Guru Stryker HUNTSVILLE, Ala. WHNT news Report: [what’s your opinion on the TV show with the so-called currency expert?] I have heard all these type of misleading half informed reports over the years and they are all the same. Report only the part of the story that says scam and that have drama for ratings and not the complete story. Just keep in mind that these news agencies don't keep up with Iraq as we do, as they most likely never covered what is going on in Iraq right now in this report, just what they perceive it to be, a scam. The dinar is a real currency with real value. [post 1 of 2....stay tuned]
5-13-2014 Intel Guru Frank26 Article quote: "The Committee Member said Faleh Sari for daily “Alalam” that “the Central Bank told the House Finance Committee will follow the new theme mechanism will make a significant contribution in raising the value of Iraqi dinars before next June and will be the mechanism to raise the value of the Iraqi dinar against the US dollar.” This 2013 article from the CBI is the premise of our studies...it is encouraging if not obvious to see that the CBI and GOI may actually keep this goal on target and reach it ...BEFORE JUNE!!!
5-13-2014 Intel Guru Nova [via Frank26] There is nothing else to say except to wait for an Internationally recognizable currency to be assigned to the CBI via the IMF due to their IMF's qualification on article 8 full compliance.
5-13-2014 Newshound Guru Kaperoni Article: "43% drop in the value of the trading stock of Baghdad in April 2014" IMO, they better open the door soon for international investors or the Iraqi market will die.
5-13-2014 Intel/Newshound Guru Poppy3 IF YOU GUYS HAVE LISTENED TO THE ALABAMA NEWS REPORT, THE NEWS MEDIA SAID THE BIGGEST RUMOR THAT HAS ZERO TRUTH TO IT IS A GCR. REMEMBER WHAT OLD POPPY3 POSTED LAST MONTH AND AGAIN A COUPLE DAYS AGO: THERE WILL NOT BE A GCR AS MANY WANT YOU TO BELIEVE. [Reference Poppy3 post 5-10-2014] THAT [NEWS] REPORT WAS SO INCOMPLETE IT WAS FUNNY ON MANY POINTS. THESE PEOPLE REPORTING HAD NO IDEA THE SITUATION IN IRAQ AND WHEN THE GUY SAID SOMETHING LIKE THIS HAS NEVER HAPPENED I THOUGHT...WHERE DID THEY GET THIS [GUY]. THIS HAS HAPPENED MANY TIMES, IN FACT 7 TIMES WHERE COUNTRIES HAVE BEEN LIBERATED BY WAR... [Dinar Guru members were sent this full news report yesterday--not a member? Sign up in the blue box above.]
5-13-2014 Newshound Guru Millionday [Any news on election results?] it is counted internationally and they are completing the rest inside the country.
5-13-2014 Newshound Guru Kaperoni Article: "Finance : new proposals to address Iraq's debt" Quote: "9 days to raise funds for the protection of the American government and hedge ..." [I think if the US was going to protect these funds again we would have already herd by now.] I believe last year they announced the extension only a day or two before.
5-13-2014 Intel Guru DC The contract rates are still available because the oil credit deal is still there. Also, the way they have accepted the RI and some other documentation means that unless the US becomes a complete idiot, that contract is very much in place. There will be different levels available, with higher taxes and restrictions (option A), medium taxes+restrictions (option B) or international rates without restrictions (option C). We understand those three options are still in play. Iraq is very prepared...they are very prepared for the new coalition government. We are back on the 1” yard line, and looking for everything going through. That’s what we are expecting and hoping for. [post 2 of 2]
5-13-2014 Intel Guru DC [via Adept1] we were on the ½ inch line...with some near touchdowns, but were called back. A lot of very positive things have started happening again. [How long can this go on, how much longer can they keep the CBI from showing the RI, and the agreements that have been signed?] We have already passed the stated deadlines. I really don’t know. With the RI and positive moves by the, we believe that there is not much left to do. We understand that Iraq is trying to force of the system to go through... their time is running out, so they are now on overtime. [post 1 of 2....stay tuned] 5-12-2014 Newshound Guru Millionday i have to say that no one knows when -- what they have stated is that they are activating the economic reform and in a hurry -- so i cant say june -july -- or anytime -- but i can say that it has been announced in all media that Iraq is ready for all global banking now. [post 2 of 2]
5-12-2014 Newshound Guru Millionday [so you're thinking once the budget is done the currency reform will happen?] the point of us knowing that CBI is going to activate it with or without it doesnt matter if they have decided to get the budget done first or at the same time... it seems that they are trying to get it all done...if they dont get it done (budget) CBI has stated that they are activating through international investment funds the private banking. the thing is that it seems that they are trying to get the budget done for the economic reform activation. we will have to see what they do -- we know what they have stated. [post 1 of 2....stay tuned]
5-12-2014 Intel Guru TNT Tony It was a confusing weekend. We were told they were looking for any excuse to justify not doing it. Nothing happenned on Saturday and was supposedly stopped because there are still people that don't want this to happen. I don't truly know what the reason is. Another group is going all out to see this does happen. We are not at the bank yet so we know who is winning. Iraq notified its people again about their RI. Scrolling on the bottom of their TV is "Iraq is now ready for global banking". Contractors in Iraq were paid at a rate of $3.78. Challenges have been overcome and am looking for it today, tomorrow, Wednesday.
5-12-2014 Intel Guru Mnt Goat The stalemate continues. My sources are telling me now that if the citizens of the USA and around the world do not stand up for justice...we may not see the conclusion to this RV process until maybe 2015, if even then, if we are lucky. This will drag on and on...the USA controls the final link to getting the new rates international. The USA also controls the web site for the CBI and so this site too can not be updated with the new rates until the USA completes the rollout to all downstream applications. There is talk that the CBI is contracting with a company now to build their own site and roll it out very soon with the new rates to advert the USA influence. The IMF is encouraging this as a means to ensure they can control their currency independent of the USA.
5-12-2014 Intel/Newshound Guru Poppy3 THEY WANT TO KNOW WHOM ALL IS IN THE PICTURE AND CONTROL OF THE PRIME MINISTERSHIP AND THE CBI BEFORE THEY MAKE A FULL RELEASE. I MIGHT ADD THEY WILL KNOW LONG BEFORE WE WILL WHO IS IN THESE POSITIONS. I TAKE THIS AS GREAT NEWS. ALL THIS COULD BE DECIDED VERY SHORTLY. [post 2 of 2]
5-12-2014 Intel/Newshound Guru Poppy3 ...LAST MONTH I REPORTED THAT ONE OF MY SOURCES TOLD ME THAT THE IMF & CBI HAD DECIDED THEY WOULD HOLD THE RV TILL POST ELECTION AND THEY KNEW FOR SURE THAT MALIKI WAS OUT AND THEY KNEW EXACTLY WHOM THEY WOULD BE WORKING WITH AND THAT THEY WOULD KNOW THAT TURKI WOULD STAY AS THE GOVERNOR OF THE CBI? WELL JUST GOT A CALL REMINDING ME THAT HE IS STILL STANDING ON THAT INFORMATION AND THAT IT IS THE ABSOLUTE SITUATION. [post 1 of 2....stay tuned]
5-12-2014 Newshound/Intel Guru BGG [Do u ever think its not gonna happen...?] if I stay focused on the news...it has the feel of inevitability, JMHO. [I believe it will happen that's why i invested.] I do too - while there are no guarantees - as time goes on, there is mounting evidence this was (and probably still is) a good play.
5-12-2014 Newshound Guru Tlar Article: "Inside Iraq within the agreement « leaning back FATCA" Quote: "Saleh said in a statement ( morning) that this work gives immunity mutual agreement of both Iraq and the United States in the field of taxes and follow the movement of money in addition to that it increases the transparency in the exchange of information between the two sides of government." Things like this only lend credibility to an RV coming. IMO this is a law that is intended to stop anyone thinking of going to Iraq to cash out. It is not specifically written for that but it opens the door for the US to inquire about any US citizen’s private bank account in Iraq. So any of you that were thinking of going to Iraq to avoid paying taxes in the US, BEWARE.
5-12-2014 Newshound Guru Millionday Iraq has been told and stated through announcements that they are ready for all global banking. 5-11-2014 Intel/Newshound Guru Poppy3 NOTHING NEW AT ALL FROM SOURCES, LAST THEY SAID SEVERAL TIMES THIS CAN FALL AT ANY TIME, ANY DAY
5-11-2014 Newshound Guru Tlar Iraq has stated their desire to join the GCC [Gulf Cooperation Council] early on. The GCC wants to have a common currency. Iraq would never want to join the GCC at 1166 per US dollar. It would greatly disadvantage them in trade and restrict them if their intention is to return to there former value quickly. So we can pretty much assume that when Iraq does fully join the GCC and they have shown a desire to do so at some point, that the value of their currency will be much higher than it is at present. Iraq must change the value of their currency before they seek full membership... [So...is your 60 day window still in effect?] Yes, I think the 60 days is still intact...I will leave it as a belief we are on track to see a monetary change in or before July of this year. I hope everything we have read and heard comes to pass and at least this time I still believe it will.
5-11-2014 Newshound Guru tlm724 Article: "Businessmen are demanding enactment of laws revive the economy and attract international companies" once again we see where the lack of legislation is hindering progress! The new parliament has their job cut out for them but these laws can done with relative ease if they work together instead of against each other.
5-11-2014 Newshound Guru Millionday the negotiations for all the seats for kurds has begun and they are expecting total power sharing -- so that is of course constitutional compliance and also -- political stability. [so the kurds think they will get the power sharing agreement soon, thats a good thing.] i agree -- huge encouragement for them and their place in the government and the overall direction of the New Iraq. [maybe they will get hcl done with this taking place?] it appears they have it but have not activated due to lack of funding it -- when the reforms are done they will have it in place imo.
5-11-2014 Intel/Newshound Guru Poppy3 ...I HAVE BEEN TOLD BY SOLID SOURCES THAT THE COUNTRIES THAT IRAQ OWES WAR RETRIBUTION HAVE MET ALL LAST WEEK AND THEY ARE NOW DEMANDING PAYMENT ON THE DINAR THEY TOOK IN LIEU OF BALANCE OWED BACK YEARS AGO AT THE END OF THE WAR. MANY OF THEM FORGAVE UP TO 60% OF THE DEBT AND TOOK THE BALANCE OWED IN DINAR. THEY KNOW MUCH OF THE PARIS GROUP COUNTRIES HAVE BEEN PAID AND THESE ARE MANY OTHER COUNTRIES THAT WHERE NOT PART OF THE PARIS GROUP AND...AND NOW DEMANDING THEIR PAY ALSO.
5-11-2014 Intel Guru Frank26 [May 25th stands out to me for some reason.] If on that day they tell You the election results ...Then Logic and some of my very smart Team members believe we need to see a rate first. Time...Timing...Will tell.
5-11-2014 Newshound Guru Millionday there is a major ISX conference coming up on May 14th and 15th...they are marketing and also informing all about the ISX... for investors to have access to the isx -- they have to be internationally recognized and also they have to be compliant with global trade laws and regulations -- the isx in order to be hooked to the global stock markets has to be set with a reality rate due to the pairing with all international currencies that will occur for the figures for trade on the market and off --- they have to have a reality rate to enter the world stock markets. [will the rv/ri occur prior to this meeting?] the meeting is informative but if the rate will be set before or not we do not know in ink yet.
5-10-2014 Intel/Newshound Guru Poppy3 I HAVE BEEN TOLD TODAY SOME FACTIONS ARE TRYING TO HOLD THE CBI AND IMF UP IN THE RELEASE. I DON’T THINK AT THIS POINT THEY WILL BE SUCCESSFUL. ACCORDING TO THE SOURCES THAT GAVE ME THE INFORMATION – THIS CAN POP UP ANYTIME NOW.
5-10-2014 Intel Guru MarkZ ...all the news today is excellent. Things actually do appear to be headed over the rainbow to the little guy and his pot o' gold. [Could this be our week finally!!] I fully expect it to be.
5-10-2014 Intel/Newshound Guru Poppy3 THERE WILL NOT BE A GCR AS MANY...WANT YOU TO BELIEVE. IT HAS ZIP TO DO WITH A RV OF DINAR. YES THERE WILL BE SOME MIDDLE EAST AND SURROUNDING CURRENCIES THAT TRADE DAILY WITH IRAQ THAT WILL HAVE TO ADJUST THEIR CURRENCIES FOR THE PURPOSE OF TRADE WITH IRAQ BUT THERE WILL NOT BE SOME 100 PLUS COUNTRIES ADJUSTING OR RVING THEIR CURRENCIES...
5-10-2014 Newshound Guru Millionday i dont know the date -- i do know that CBI has stated in multiple reports that they are ready for the banking reform to go forward with the step of changing the value and the international rates so now we wait -- they have not said we will have to wait a long time or we wont -- but they have shown a newly gained care for the citizens and their own economic future for the region and for them.
5-10-2014 Intel/Newshound Guru American Contractor In a few weeks, the Development Fund for Iraq (DFI) will expire on 22 May just like it has every year since 2003. There are lien holders, pending litigation and lawsuits against the Iraq governments previous regime. The DFI funds are held in a New York bank and the Ministry of Finance has access to these funds. The DFI account will continue being held in New York until after 22 May and will not be exposed to the numerous liens, lawsuits and creditors. The Iraq government will not risk losing those DFI funds.
5-10-2014 Intel Guru TerryK ...I HAVE BEEN ASKED TO BE QUIET BUT I WANTED TO SHARE SOME NEWS I GOT YESTERDAY…I WAS ADVISED THAT THE CMKX IS ALL READY TO MOVE WITH IN A WEEK …I WAS ALSO TOLD THAT WE ARE TO SEE THIS PRIOR TO THE 15TH. OK SO IM THINKING THAT THIS MAYBE THE WEEK OF THE BLESSING…WHAT I WAS TOLD WAS THEY WANT THIS IN PLACE BEFORE THEY SEAT THE NEW MEMBERS OF THE GOV. NOW I HEARD LAST WEEK THAT THE DINAR WILL GO BY ITS SELF…THE DONG A WEEK LATER...
5-10-2014 Newshound Guru Millionday ...we are waiting on the rates to be set and released for trade --- they have stated that they are in the middle of it so i would think now that the international citizens should be receiving their cards and form of payment and also am looking for the finishing of regulations coming out to the public eye on all issues -- i see nothing that is holding things up so -- the steps we were told about process is what i would say is going on -- so watching for announcements on each of those steps as they occur.
5-10-2014 Intel/Newshound Guru American Contractor The Iraq federal budget for 2014 will continue to be delayed as they wait for the next government to be seated. It is possible that the next seated government will have to work on both the 2014 and 2015 budgets. The next government will have to work harder than they ever have to accomplish this task. Projects in Iraq are suspended or stopped altogether because of the Iraqi Parliament Speaker and the Parliament members failing to pass a federal budget. More delays, not a shocker.
5-10-2014 Newshound Guru Kaperoni ...those who keep posting the dinar will RV/RI or go up in value, today, tomorrow or even within 60 days are nuts. You have a country with close to 1/3 of its demographic controlled by terrorists. These terrorists are destroying the infrastructure, bridges, roads, buildings, electric, waterways and as this article states..they control these banks. You think that the CBI is going to raise the value during all of this? While they still are not in compliance with the IMF? Not happening. I said it over and over, watch the GOI, watch Parliament. The economic reform laws and banking laws need to pass. As well this terrorist issue needs to be resolved. And the CBI needs to meet the conditions set forth within the Article IV Consultation from May 2013. Nothing happens fast in Iraq. Everyone needs to relax and plan for late 2014 at best.
5-10-2014 Intel Guru MarkZ [...are we about to see the RV?] IMO, heck yes we are about to see it. I refuse to give you a timeline but I expect it this month... [tony (Intel Guru TNT Tony) said this will be the best weekend- of our journey!] He will very likely be right.
5-10-2014 Newshound Guru Millionday [On Monday was there not a report that the IMF came out and told the cbi to set a rate?] yes they ordered it to be set by the report we had -- the exchange rate to the USD... in ink. 5-9-2014 Newshound Guru Stryker I have so much faith at this point that the CBI and a newly form government will have what it takes to implement reform...Do not let anyone tell you that everything is done because it is not, we are proving that by the mere actions of the events unfolding in Iraq right now. The real FACTS are pointing us to the truth and the real possibilities of a nice windfall for all [of] us...All of us that have been so bold as to invest in this war torn country, us that have believed in this wealth country called Iraq...
5-9-2014 Intel Guru TNT Tony Everyone around the globe is being quiet today for a reason. I'm feeling SUPERFANTASTIC today and so should you. We should have the best Monday of this entire adventure.
5-9-2014 Newshound Guru Millionday [Has the budget for this yr been voted on for the second time?] the budget is ready to be voted on and they have decided to vote on it sunday with or without the kurds.
5-9-2014 Newshound Guru Tlar It is my opinion that anyone who holds the currency will benefit. I believe the nominal rate is what they will change first (delete the leading zeros) so whatever that turns out to be, that will be the value of the physical dinar. If the nominal rate is changed to one to one, the million dinars you hold will be worth 1 million US before the taxes are paid. For those that hold accounts in Iraq, it is my belief that they will not lose or gain in value. Right or wrong that's my belief.
5-9-2014 Intel Guru Mnt Goat Bad News: Having just said the good news I also have to say I do not believe a word of it. Yes – everything is set to go and can go successfully if they are allowed to continue the RV process to completion...my contact has already told me they intend to once again stall the process...until Maliki’s mandate with the government as prime minister is over on June 14 2014... Do not look for the RV prior to this date. It has nothing to do about the elections other than he knows his days are numbered and he will not get a third term. He is attempting desperately to get his hands on more money. The 2014 budget too will not pass until he is gone... We wait and see what will happen this weekend. [post 2 of 2]
5-9-2014 Intel Guru Mnt Goat Good News: I am being told that from Thursday 5/8 until Sunday 5/11 we are in an excellent window to see the rollout of the revaluation. Note I said revaluation and not reinstatement. As I have said before they are going to trigger off a revaluation using the reinstatement rate from 4/26 and a starting point. I did tell you previously that this might happen and so it is now in play. I am told plans are being made for us to be at the banks next week. This extension given by the IMF bought them some time to reorganize and setup for this process. [post 1 of 2....stay tuned]
5-9-2014 Intel Guru MarkZ [what Defcon level do you put this at right now?] 1 for the next week. [are we looking to a certain individual that will make the announcement for the GCR?] I am yes. It would be irresponsible of me to say who that is though. For the record folks...I do not believe anyone is holding this up any longer. [is it true that the funds for the RI/RV are in Iraq?] I am told the money for the rv exchange US holders is already here. I can't comment on rates. We shouldn't worry about rates though. They look to be great and fair. Let's just focus on DONE. [post 2 of 2]
5-9-2014 Intel Guru MarkZ [seems to me that since the original plan was to have an RV and the Dinar was the linchpin of the GCR, that this has to still come in as an RV and not as an RI. The other countries all signed off on the rates already and were agreed to and it would have to all be redone. We are looking at an RV...?] That is why Maliki pulling the RI stunt forces the RV/reset action. A pain in the ass logistically but a needed push as I see it. [if M is not the new PM, can the new PM rescind the RI when he takes office?] If he could get the CBI to agree but he won't. IMO. [post 1 of 2....stay tuned]
5-9-2014 Newshound Guru Adam Montana [I read...that the Iraq election ballots will take about a month to count and tally. If this is true then would you say that we wont see anything as far a real RV progress until those ballots are fully counted and a new PM is elected?] I think that's a reasonable assumption. Here's something to consider, though: Say things are looking in Maliki's favor, and the opposition starts to get riled up. Maliki calls the RV...That would completely destroy his opponent's chances of any kind of recall or anything else, wouldn't it? [Do you think they will wait to pass the budget until after the new GOI is seated?] No, I don't see too much delay in this process.
5-9-2014 Newshound Guru Kaperoni ...thinking a reduction in auction sales means they are about to raise the value of the dinar. Wrong! The CBI is not compliant with the IMF. Until they prove they can do what is asked of them (via the Article IV Consultation) the CBI is not moving to Article VIII nor a new exchange regime. The recent statement that said "mid year" or June does not imply a change in value of the dinar, but compliance with the IMF. Nothing more. If the CBI meets that goal of mid year or June, we still need laws to be passed for economic and banking reform. There is much to be done yet before we can hope for an increase in the value of the dinar. [post 2 of 2]
5-9-2014 Newshound Guru Kaperoni Article: "Decline in central bank sales of dollar at the end of the auction week" We will have to wait and see if they remain low. It makes no sense when these banks are currently nothing more than money exchangers so commissions are important to them. We can guess that the issuance of new dinar may have curbed some desire to use dollars in the market. But the Iraqi economy still needed dollars for imports. Why they are low is anyone's guess but these auctions are important to maintain the exchange rate and...to reduce the spread from Official Rate to Market Rate. If anything, I was expecting the number of banks and money exchangers participating to increase over the coming weeks - not decrease. [post 1 of 2....stay tuned]
Read more: http://www.dinarguru.com/#ixzz31p2vcZJR
5-8-2014 Intel Guru Angelquest [any chance we will be done by June 5?] WE can hope but much being processed. [do you see this going to the 15th?] that is a good date but a lot needs to happen by then. [has iraq grown enough to support a rate any where close to an r/i ?] Yes they have and well beyond.
5-8-2014 Intel Guru MarkZ [Where do you feel we stand on the HCL agreement and article 140?] I think it is already done and we will see the 'announcements' shortly. [Do you feel the HCL agreement is more important than article 140 or they hold the same importance?] same in my book. [Forex banker says everything agreed upon today and it should go down today yet...Scale of 1 to 10. Chances?] 5 today but much higher tomorrow IMO. Weekends make the logistics much easier. That is only an educated opinion though.
5-8-2014 Newshound Guru Tlar We should get what ultimately will be definitive results on a preliminary release from the Election Committee on Monday. There was a 70% turnout of eligible voters in Abar and a 77% turned out in Basra. Iran who tried to once again get Iraq to pick Maliki for a third term by pressuring the blocks last week to back him has found that their push has fallen on deaf ears.
5-8-2014 Newshound Guru Adam Montana [...what else Iraq is waiting on to finally declare a new rate for their currency. Iraq was released from Chapter 7 last June. We thought once we got into 2014 something would happen.] Chapter 7 was a major hurdle and that is cleared. We're simply waiting for the elections to be finalized, an HCL resolution, and an RV!
5-8-2014 Intel/Newshound Guru Poppy3 I HAVE BEEN TOLD TODAY SOME FACTIONS ARE TRYING TO HOLD THE CBI AND IMF UP IN THE RELEASE. I DON'T THINK AT THIS POINT THEY WILL BE SUCCESSFUL ACORDING TO THE SOURCES THAT GAVE ME THE INFORMATION THAT IT CAN POP UP AT ANYTIME NOW.
5-8-2014 Newshound Guru Tlar The first article indicated they were waiting on the GOVERNMENT ELECTIONS TO BE SETTLED. It also said WE ARE READY to delete the zeroes. He also said that it is imperative that Iraq be prepared BEFORE HAND (not a float) to change the accounting systems in Iraq. The second article from Turki stated WE ARE READY and WE WILL DO THIS BY THE MIDDLE OF THIS YEAR. Next week should be a good week. If as expected Maliki is out, we should see movement fast...we ARE close. [post 2 of 2]
5-8-2014 Newshound Guru Tlar There is a move a foot to get the budget passed by next week. The stopper we know is the Kurds but once the votes come in next week it is my opinion that the present parliament will negotiate, read and vote on the budget quickly. Since Friday Turki has talked to the press now twice. What he stated is astronomical to me for a guy who has said virtually nothing about this project for so long. [post 1 of 2....stay tuned]
5-8-2014 Intel Guru TD First of all there has been NO RI or any rates appearing at "select countries" or banks. Second, a new government will be formed (without Maliki) shortly after May 26th. 3rd) Turki is staying on no matter what and the CBI has agenda items to rollout in June. One can only hope that currency reform in some form or another is on the list...
5-8-2014 Intel Guru MarkZ [is it time 4 rv now?] I am looking for it soon! [do you feel the rate will come out at 1-1 or will the rate be the prewar rate of 3.22 plus inflation?] I have been cautioned against giving any kind of rate. I expect higher than a dollar though. [are rates still showing on the bank screens?] Three bankers I spoke with today said yes, Two said no. 4 different banks total. [do you think this will occur early mornings or in the day est time?] early morning is easier logistically.
5-8-2014 Newshound Guru Adam Montana [...news article states they are inviting parliament members to work on the budget in the next 2 days. The article was dated 5 May. Other news articles state working on the budget in the next month. ...opinion?] My opinion is that it needs to be done soon, they want it to be done soon, but it's probably going to be a little late. Anytime they say "2 days" I automatically adjust to "1 week". : )
5-8-2014 Newshound Guru Stryker All road maps seem to be leading to economic reform and a major change in the monetary structure of the Iraqi dinar but keep in mind that it is Iraq we are dealing with and anything can happen to change this course. Where I believe there is a well-defined plan in place, some great leaders to see it through and some solid coalitions in agreement to get them there I urge everyone to be casually optimistic but if what I point out here day comes to true we will be having an early July RVQ [RV?].
5-8-2-14 Intel Guru MarkZ [Who is ultimately responsible for the approval and final release of a currency release to the international community? IMF, Iraq, US, someone else?] As I understand it the IMF will release it to regional level and once the controller of the north american banking block pulls the trigger then the world will acknowledge the reset. [today someone indicated WF was showing dinar, Zim, VND, rupiah at the screens on hold..your thoughts?] Highly likely, I spoke with some other bankers that said they had a rate showing. [what is the end date for this to go? Is it this month?] I believe it to be this month. [vnd, zim, rupiah all with dinar?] I am looking for them at the same time.
5-8-2-14 Intel Guru MarkZ Iraq is supposed to release it's budget tomorrow [Thursday] which we expect to hold the new rate. [what proof do we have the there was actually an RI in Iraq? And, if there was an RI how long can it go one until an rv is triggered for us in the US?] Multiple confirmations on RI. The problem is a country can RI or even rv internally and the rest of the world does not have to acknowledge it. Especially when the currency is not internationally recognized. The key here is for the IQD to become an internationally recognized currency and then the RI or rv surfaces everywhere. [post 1 of 2....stay tuned] 5-7-2014 Intel/Newshound Guru Poppy3 I REPORTED LAST EVENING...THAT I AM GETTING DETAILS FROM SOLID SOURCES THAT A MOVE IS IN PROCESS AND THE TARGET IS FOR THIS WEEK TO GET IT DONE. THEY HAVE NOW TOLD ME THIS 4 DIFFERENT TIMES FROM 4 SEPARATE SOURCES.
5-7-2014 Newshound Guru Millionday lately we have seen so many announcements about the activation of the economic reforms...we are wondering when they are going to quit talking and make a move...lets look at what has been said. the IMF has ordered publicly that CBI needs to set the rate for the USD - now we know that the USD is the world currency and the comparable happens internationally...it is seen on the CBI site at the bottom at this time - the Swift codes have been set and include exchange houses...yesterday -- Turki made an announcement that he was going to move forward with all economic reforms – publicly...Turki also stated that he was moving forward with or without the budget set...they have hired someone from the UN that is working to get them to an active status quicker than they normally would be able to do so the economy can recover quicker. Iraq is coming to the globe and making all the moves and announcements we would expect...
5-7-2014 Intel Guru TNT Tony [via Adept1] At this moment, we are at a very sensitive position, so we have to be careful in what we are going to say. I’m telling you that upfront. I’m excited...We are now on the ½” line...the button just needs to be pushed to let it go. It’s just about notification. The RI itself has been declared and accepted; there is no turning back from that. [Do you believe the dong will go at the same time?] There is a strong possibility, and also it may not. Six months ago, even three months ago it was definite; now, we’ll just have to see.
5-7-2014 Newshound Guru Adam Montana [How can they raise the value of the Dinar, when they don't have low enough value coins too make change?] The answer is pretty simple - they use USD as well as IQD. If they decided to increase the value to a point where there isn't IQD available to make change, they would substitute USD instead. I'm confident that when they do raise the value, they will be focused on flooding the market with lower denoms and also pulling the larger ones out. It shouldn't be a difficult transition.
5-7-2014 Intel Guru Okie_Oil_Man MY SOURCE'S FROM LAST NIGHT REPORTING WE ARE ON THE HIGHEST ALERT JUST RE-STATED THE SAME INFORMATION.
5-7-2014 Intel Guru Frank26 AGAIN today within the articles of the SBS they are lacking in subtle attitudes. They are TELLING us and soon will SHOW us ...An International Rate.
5-7-2014 Intel Guru Mnt Goat the reinstatement does not really matter in the eyes of who is really controlling the rollout. It was an attempt by the IMF and Iraq to bypass the USA in this process but without any success...the new rates are at the banks! All we need is one simple word – GO – and it is done. We will see the long awaited revaluation of the IQD (Iraq’s currency). I will tell you now it is the plan of the USA not to rollout a reinstatement rate but to come out with a revaluation rate sometime. I have heard it could even be as long as mid June 2014. But this is only a date thrown out to us as any date since in their real intention they have to end date. They will attempt to keep stalling the reinstatement with more excuses...
5-7-2014 Intel Guru TNT Tony Lots of good info yesterday and today. Things are in our favor right now.
5-7-2014 Newshound Guru Adam Montana ...we are simply in a holding pattern right now. The good news is that Iraq has reported all 165,000 “remote” votes have been accounted for and it is reported that they should be entered within the next couple days. In some MAJOR news, Iraq is finally allowing 3G to enter the arena…hopefully in preparation for a massive need for updated communication systems! And the holding pattern continues… but with any luck, we’re looking for strong news this week or early next.
5-7-2014 Intel/Newshound Guru Poppy3 I got a call and he told me they are trying to move things forward no matter what the political situation. We could see this RV at any time in the next few days, he mentioned hours. This may be a rumor but he is in a position to have some good information. I know they are working to get this done. We are in a great postion.
5-7-2014 Newshound/Intel Guru BGG I think the tides have shifted a little bit. I think it could happen at any time...it has not RI'ed by the way, not going to do that. But, they are going to do something. I don't know what it is and I don't know when it is, but I believe sooner rather than later. The bottom line is we don't even have to worry about the rate...let's just get this party started.
5-7-2014 Intel Guru Hub ...i have a good contact that says he thinks this is a very good couple of days. we shall see.
5-7-2014 Intel/Newshound Guru Poppy3 I CAN'T DIVULGE THE DIRECT INFORMATION OR WHERE IT CAME FROM BUT HEARING THE NEXT 48 HOURS COULD PROVE TO BE AWESOME FOR US. BEING TOLD THIS CAN BE DONE REGARDLESS OF ANY POLITICAL SITUATION. THEY WANT THIS NOW NOT LATER. THE QUESTION IS CAN THEY DO IT BEFORE THE POLITICAL
SITUATION CAN FIND SOME WAY TO STOP THE PROCESS. TIME WILL TELL.
5-7-2014 Intel Guru WILDDUCK PULL YOUR CHIN STRAP TIGHT ON YOUR HELMET. STAY CALM AND OH YEAH YOU MIGHT WANT TO GET YOUR TRACK SHOES AT THE READY. [any thing more on RI in spain, australia etc.?] THE SPAIN INTEL IS MINE... AND PROOF OF ACCEPTANCE, IMO REAL AS THE SUN THIS MORNING AND WAS AND IS A GAME CHANGER THAT YOU ARE SEEING UNFOLD BEFORE YOUR EYES...IT IS PROOF OF AN RI NOT A PAYDAY. 5-6-2014 Newshound Guru Millionday Article quote: "the Central Bank of Iraq is a sponsor and an observer of the banks operating in Iraq. And the project to delete the zeros of the central bank governor said that the new measures will be there by the middle of this year, the bank raised about the new currency and the deletion of zeros, indicating that the bank has a very large mass of cash." so the process of the citizens not having available to them the three zero currency is going to be done by the middle of the year --- so they will have to gain confidence in the banks...
5-6-2014 Intel Guru Okie_Oil_Man I AM NOT PERMITTED TO STATE DETAILS BUT WE ARE ON RED-ALERT--(DEFCON2)--WILL ELABORATE WHEN PERMITTED.
5-6-2014 Newshound Guru Millionday [So possibly we could see this by this weekend?] we could see this at anytime - the announcement was a public one. [we can see it at any time AFTER budget passed correct?] no we could see it at anytime at all. i have read from all the sources i trust that this parliament will be passing the budget within days -- this report states two and they have also stated that it is the only thing they are doing and began yesterday with meetings on it and are now stating they are voting it through. [when was the public IMF announcement?] the announcement meaning both the CBI on the banking and the setting of the rates was done...MONDAY... no rate given...in ink.
5-6-2014 Intel Guru MarkZ [we wont have to wait till july will we?] As I see it, heck no to July. [is the RI really live in spain?] I can't comment on Spain because I do not have contacts there. The rates were showing over the weekend and yesterday at a bank in London where I have a contact and also in Dubai where I have a contact. My Hong Kong contact never responded so I am unsure about there.
5-6-2014 Newshound Guru Millionday so what we have is the order from the IMF to set the rates external -- this means the USD so the rates for foreign exchange can reflect them...this is fantastic news. [If the dinar is against the dollar does that mean a 1-1 rate?] no --- they will set the reality rate as it calculates...they have told them to do this now -- whatever that means as we have learned...however they have stated the steps that they needed to make to get to this point are done. [post 2 of 2]
5-6-2014 Newshound Guru Millionday "where the Bulletin of the IMF delegation during their visit to Iraq recently and within this context has succeeded Central also in the collection of reserves at a high level of foreign exchange, so it is fixing the exchange rate of the Iraqi dinar against the dollar the U.S. ordered appropriate and required at the current stage." they have been ordered to set the exchange rate to the usd... [post 1 of 2....stay tuned]
5-6-2014 Intel Guru Jester [I still have not seen a RI in any news other than Dinarland, yet they are all so sure it happened. What's up with that?] WELL I BELIEVE THAT IS EXACTLY WHERE THAT MYTHICAL CREATURE EXISTS...IF THERE WAS SOME REAL NEWS IT WOULD BE IN THE REAL NEWS... THAT WOULD BE WAY TOO BIG OF AN ANNOUNCEMENT FOR THE BIGGIES TO MISS.
5-6-2014 Intel/Newshound Guru American Contractor The new Iraq banknotes that have been recently announced by the Central Bank of Iraq have yet to hit the streets of Baghdad. Currently, there is no evidence of any new Iraq currency banknotes with the enhanced security features in circulation. [Aren’t they going in the wrong direction by printing larger denominations?] The Central Bank is going to do whatever it takes to protect the value of the Iraq dinar and keep the stability of the purchasing power. The Iraq government is fighting a conflict in the Anbar province and costing millions per day. The inflation is creeping up and the Central Bank is trying to keep a handle on the inflation which it is at the moment.
5-6-2014 Newshound Guru Tlar I haven’t said anything like this ever and yes I believe what I heard today. What I heard today, while being sworn to secrecy compels me to share with you guys. We will all be surprised with what’s coming, especially me. I would never have believed it if it had not come from someone I know personally, has the credentials and is not a rumor monger or bull-shitter. I respect this person. So here it is. Sometime in the next two months this will be over. The dinar will revalue and the truth will be known to all. I can’t say more but I was wrong on the value. It is more than delete the zeros, or 86 cents...I am sure its done. This could happen at anytime from this weekend through the next 60 days… It’s done. I was a fool in trying to figure this out numerically. It is more than I thought.
5-6-2014 Intel Guru DC Frankly, things look immensely close, and we don’t want to risk putting out some information and then people use that as an excuse to delay this even longer. Everyone’s in lockdown, ready to go, and we’re not going to be the guys to mess that up. Things are extremely geared up and looking immensely positive. The IMF and UST are on lockdown. Everything has been done and we are waiting for execution now. 5-5-2014 Intel Guru TNT Tony [via Adept1] We know things are going on behind closed doors from people involved in the process. I feel very good about it, and the RV can happen any moment. We are still in a super-fantastic place. We have an RI...and there has been no attempt to rescind it because it’s already been signed off... we are down to the last minute...it’s just about announcing it...
5-8-2014 Intel Guru MarkZ [Where do you feel we stand on the HCL agreement and article 140?] I think it is already done and we will see the 'announcements' shortly. [Do you feel the HCL agreement is more important than article 140 or they hold the same importance?] same in my book. [Forex banker says everything agreed upon today and it should go down today yet...Scale of 1 to 10. Chances?] 5 today but much higher tomorrow IMO. Weekends make the logistics much easier. That is only an educated opinion though.
5-8-2014 Newshound Guru Tlar We should get what ultimately will be definitive results on a preliminary release from the Election Committee on Monday. There was a 70% turnout of eligible voters in Abar and a 77% turned out in Basra. Iran who tried to once again get Iraq to pick Maliki for a third term by pressuring the blocks last week to back him has found that their push has fallen on deaf ears.
5-8-2014 Newshound Guru Adam Montana [...what else Iraq is waiting on to finally declare a new rate for their currency. Iraq was released from Chapter 7 last June. We thought once we got into 2014 something would happen.] Chapter 7 was a major hurdle and that is cleared. We're simply waiting for the elections to be finalized, an HCL resolution, and an RV!
5-8-2014 Intel/Newshound Guru Poppy3 I HAVE BEEN TOLD TODAY SOME FACTIONS ARE TRYING TO HOLD THE CBI AND IMF UP IN THE RELEASE. I DON'T THINK AT THIS POINT THEY WILL BE SUCCESSFUL ACORDING TO THE SOURCES THAT GAVE ME THE INFORMATION THAT IT CAN POP UP AT ANYTIME NOW.
5-8-2014 Newshound Guru Tlar The first article indicated they were waiting on the GOVERNMENT ELECTIONS TO BE SETTLED. It also said WE ARE READY to delete the zeroes. He also said that it is imperative that Iraq be prepared BEFORE HAND (not a float) to change the accounting systems in Iraq. The second article from Turki stated WE ARE READY and WE WILL DO THIS BY THE MIDDLE OF THIS YEAR. Next week should be a good week. If as expected Maliki is out, we should see movement fast...we ARE close. [post 2 of 2]
5-8-2014 Newshound Guru Tlar There is a move a foot to get the budget passed by next week. The stopper we know is the Kurds but once the votes come in next week it is my opinion that the present parliament will negotiate, read and vote on the budget quickly. Since Friday Turki has talked to the press now twice. What he stated is astronomical to me for a guy who has said virtually nothing about this project for so long. [post 1 of 2....stay tuned]
5-8-2014 Intel Guru TD First of all there has been NO RI or any rates appearing at "select countries" or banks. Second, a new government will be formed (without Maliki) shortly after May 26th. 3rd) Turki is staying on no matter what and the CBI has agenda items to rollout in June. One can only hope that currency reform in some form or another is on the list...
5-8-2014 Intel Guru MarkZ [is it time 4 rv now?] I am looking for it soon! [do you feel the rate will come out at 1-1 or will the rate be the prewar rate of 3.22 plus inflation?] I have been cautioned against giving any kind of rate. I expect higher than a dollar though. [are rates still showing on the bank screens?] Three bankers I spoke with today said yes, Two said no. 4 different banks total. [do you think this will occur early mornings or in the day est time?] early morning is easier logistically.
5-8-2014 Newshound Guru Adam Montana [...news article states they are inviting parliament members to work on the budget in the next 2 days. The article was dated 5 May. Other news articles state working on the budget in the next month. ...opinion?] My opinion is that it needs to be done soon, they want it to be done soon, but it's probably going to be a little late. Anytime they say "2 days" I automatically adjust to "1 week". : )
5-8-2014 Newshound Guru Stryker All road maps seem to be leading to economic reform and a major change in the monetary structure of the Iraqi dinar but keep in mind that it is Iraq we are dealing with and anything can happen to change this course. Where I believe there is a well-defined plan in place, some great leaders to see it through and some solid coalitions in agreement to get them there I urge everyone to be casually optimistic but if what I point out here day comes to true we will be having an early July RVQ [RV?].
5-8-2-14 Intel Guru MarkZ [Who is ultimately responsible for the approval and final release of a currency release to the international community? IMF, Iraq, US, someone else?] As I understand it the IMF will release it to regional level and once the controller of the north american banking block pulls the trigger then the world will acknowledge the reset. [today someone indicated WF was showing dinar, Zim, VND, rupiah at the screens on hold..your thoughts?] Highly likely, I spoke with some other bankers that said they had a rate showing. [what is the end date for this to go? Is it this month?] I believe it to be this month. [vnd, zim, rupiah all with dinar?] I am looking for them at the same time.
5-8-2-14 Intel Guru MarkZ Iraq is supposed to release it's budget tomorrow [Thursday] which we expect to hold the new rate. [what proof do we have the there was actually an RI in Iraq? And, if there was an RI how long can it go one until an rv is triggered for us in the US?] Multiple confirmations on RI. The problem is a country can RI or even rv internally and the rest of the world does not have to acknowledge it. Especially when the currency is not internationally recognized. The key here is for the IQD to become an internationally recognized currency and then the RI or rv surfaces everywhere. [post 1 of 2....stay tuned] 5-7-2014 Intel/Newshound Guru Poppy3 I REPORTED LAST EVENING...THAT I AM GETTING DETAILS FROM SOLID SOURCES THAT A MOVE IS IN PROCESS AND THE TARGET IS FOR THIS WEEK TO GET IT DONE. THEY HAVE NOW TOLD ME THIS 4 DIFFERENT TIMES FROM 4 SEPARATE SOURCES.
5-7-2014 Newshound Guru Millionday lately we have seen so many announcements about the activation of the economic reforms...we are wondering when they are going to quit talking and make a move...lets look at what has been said. the IMF has ordered publicly that CBI needs to set the rate for the USD - now we know that the USD is the world currency and the comparable happens internationally...it is seen on the CBI site at the bottom at this time - the Swift codes have been set and include exchange houses...yesterday -- Turki made an announcement that he was going to move forward with all economic reforms – publicly...Turki also stated that he was moving forward with or without the budget set...they have hired someone from the UN that is working to get them to an active status quicker than they normally would be able to do so the economy can recover quicker. Iraq is coming to the globe and making all the moves and announcements we would expect...
5-7-2014 Intel Guru TNT Tony [via Adept1] At this moment, we are at a very sensitive position, so we have to be careful in what we are going to say. I’m telling you that upfront. I’m excited...We are now on the ½” line...the button just needs to be pushed to let it go. It’s just about notification. The RI itself has been declared and accepted; there is no turning back from that. [Do you believe the dong will go at the same time?] There is a strong possibility, and also it may not. Six months ago, even three months ago it was definite; now, we’ll just have to see.
5-7-2014 Newshound Guru Adam Montana [How can they raise the value of the Dinar, when they don't have low enough value coins too make change?] The answer is pretty simple - they use USD as well as IQD. If they decided to increase the value to a point where there isn't IQD available to make change, they would substitute USD instead. I'm confident that when they do raise the value, they will be focused on flooding the market with lower denoms and also pulling the larger ones out. It shouldn't be a difficult transition.
5-7-2014 Intel Guru Okie_Oil_Man MY SOURCE'S FROM LAST NIGHT REPORTING WE ARE ON THE HIGHEST ALERT JUST RE-STATED THE SAME INFORMATION.
5-7-2014 Intel Guru Frank26 AGAIN today within the articles of the SBS they are lacking in subtle attitudes. They are TELLING us and soon will SHOW us ...An International Rate.
5-7-2014 Intel Guru Mnt Goat the reinstatement does not really matter in the eyes of who is really controlling the rollout. It was an attempt by the IMF and Iraq to bypass the USA in this process but without any success...the new rates are at the banks! All we need is one simple word – GO – and it is done. We will see the long awaited revaluation of the IQD (Iraq’s currency). I will tell you now it is the plan of the USA not to rollout a reinstatement rate but to come out with a revaluation rate sometime. I have heard it could even be as long as mid June 2014. But this is only a date thrown out to us as any date since in their real intention they have to end date. They will attempt to keep stalling the reinstatement with more excuses...
5-7-2014 Intel Guru TNT Tony Lots of good info yesterday and today. Things are in our favor right now.
5-7-2014 Newshound Guru Adam Montana ...we are simply in a holding pattern right now. The good news is that Iraq has reported all 165,000 “remote” votes have been accounted for and it is reported that they should be entered within the next couple days. In some MAJOR news, Iraq is finally allowing 3G to enter the arena…hopefully in preparation for a massive need for updated communication systems! And the holding pattern continues… but with any luck, we’re looking for strong news this week or early next.
5-7-2014 Intel/Newshound Guru Poppy3 I got a call and he told me they are trying to move things forward no matter what the political situation. We could see this RV at any time in the next few days, he mentioned hours. This may be a rumor but he is in a position to have some good information. I know they are working to get this done. We are in a great postion.
5-7-2014 Newshound/Intel Guru BGG I think the tides have shifted a little bit. I think it could happen at any time...it has not RI'ed by the way, not going to do that. But, they are going to do something. I don't know what it is and I don't know when it is, but I believe sooner rather than later. The bottom line is we don't even have to worry about the rate...let's just get this party started.
5-7-2014 Intel Guru Hub ...i have a good contact that says he thinks this is a very good couple of days. we shall see.
5-7-2014 Intel/Newshound Guru Poppy3 I CAN'T DIVULGE THE DIRECT INFORMATION OR WHERE IT CAME FROM BUT HEARING THE NEXT 48 HOURS COULD PROVE TO BE AWESOME FOR US. BEING TOLD THIS CAN BE DONE REGARDLESS OF ANY POLITICAL SITUATION. THEY WANT THIS NOW NOT LATER. THE QUESTION IS CAN THEY DO IT BEFORE THE POLITICAL
SITUATION CAN FIND SOME WAY TO STOP THE PROCESS. TIME WILL TELL.
5-7-2014 Intel Guru WILDDUCK PULL YOUR CHIN STRAP TIGHT ON YOUR HELMET. STAY CALM AND OH YEAH YOU MIGHT WANT TO GET YOUR TRACK SHOES AT THE READY. [any thing more on RI in spain, australia etc.?] THE SPAIN INTEL IS MINE... AND PROOF OF ACCEPTANCE, IMO REAL AS THE SUN THIS MORNING AND WAS AND IS A GAME CHANGER THAT YOU ARE SEEING UNFOLD BEFORE YOUR EYES...IT IS PROOF OF AN RI NOT A PAYDAY. 5-6-2014 Newshound Guru Millionday Article quote: "the Central Bank of Iraq is a sponsor and an observer of the banks operating in Iraq. And the project to delete the zeros of the central bank governor said that the new measures will be there by the middle of this year, the bank raised about the new currency and the deletion of zeros, indicating that the bank has a very large mass of cash." so the process of the citizens not having available to them the three zero currency is going to be done by the middle of the year --- so they will have to gain confidence in the banks...
5-6-2014 Intel Guru Okie_Oil_Man I AM NOT PERMITTED TO STATE DETAILS BUT WE ARE ON RED-ALERT--(DEFCON2)--WILL ELABORATE WHEN PERMITTED.
5-6-2014 Newshound Guru Millionday [So possibly we could see this by this weekend?] we could see this at anytime - the announcement was a public one. [we can see it at any time AFTER budget passed correct?] no we could see it at anytime at all. i have read from all the sources i trust that this parliament will be passing the budget within days -- this report states two and they have also stated that it is the only thing they are doing and began yesterday with meetings on it and are now stating they are voting it through. [when was the public IMF announcement?] the announcement meaning both the CBI on the banking and the setting of the rates was done...MONDAY... no rate given...in ink.
5-6-2014 Intel Guru MarkZ [we wont have to wait till july will we?] As I see it, heck no to July. [is the RI really live in spain?] I can't comment on Spain because I do not have contacts there. The rates were showing over the weekend and yesterday at a bank in London where I have a contact and also in Dubai where I have a contact. My Hong Kong contact never responded so I am unsure about there.
5-6-2014 Newshound Guru Millionday so what we have is the order from the IMF to set the rates external -- this means the USD so the rates for foreign exchange can reflect them...this is fantastic news. [If the dinar is against the dollar does that mean a 1-1 rate?] no --- they will set the reality rate as it calculates...they have told them to do this now -- whatever that means as we have learned...however they have stated the steps that they needed to make to get to this point are done. [post 2 of 2]
5-6-2014 Newshound Guru Millionday "where the Bulletin of the IMF delegation during their visit to Iraq recently and within this context has succeeded Central also in the collection of reserves at a high level of foreign exchange, so it is fixing the exchange rate of the Iraqi dinar against the dollar the U.S. ordered appropriate and required at the current stage." they have been ordered to set the exchange rate to the usd... [post 1 of 2....stay tuned]
5-6-2014 Intel Guru Jester [I still have not seen a RI in any news other than Dinarland, yet they are all so sure it happened. What's up with that?] WELL I BELIEVE THAT IS EXACTLY WHERE THAT MYTHICAL CREATURE EXISTS...IF THERE WAS SOME REAL NEWS IT WOULD BE IN THE REAL NEWS... THAT WOULD BE WAY TOO BIG OF AN ANNOUNCEMENT FOR THE BIGGIES TO MISS.
5-6-2014 Intel/Newshound Guru American Contractor The new Iraq banknotes that have been recently announced by the Central Bank of Iraq have yet to hit the streets of Baghdad. Currently, there is no evidence of any new Iraq currency banknotes with the enhanced security features in circulation. [Aren’t they going in the wrong direction by printing larger denominations?] The Central Bank is going to do whatever it takes to protect the value of the Iraq dinar and keep the stability of the purchasing power. The Iraq government is fighting a conflict in the Anbar province and costing millions per day. The inflation is creeping up and the Central Bank is trying to keep a handle on the inflation which it is at the moment.
5-6-2014 Newshound Guru Tlar I haven’t said anything like this ever and yes I believe what I heard today. What I heard today, while being sworn to secrecy compels me to share with you guys. We will all be surprised with what’s coming, especially me. I would never have believed it if it had not come from someone I know personally, has the credentials and is not a rumor monger or bull-shitter. I respect this person. So here it is. Sometime in the next two months this will be over. The dinar will revalue and the truth will be known to all. I can’t say more but I was wrong on the value. It is more than delete the zeros, or 86 cents...I am sure its done. This could happen at anytime from this weekend through the next 60 days… It’s done. I was a fool in trying to figure this out numerically. It is more than I thought.
5-6-2014 Intel Guru DC Frankly, things look immensely close, and we don’t want to risk putting out some information and then people use that as an excuse to delay this even longer. Everyone’s in lockdown, ready to go, and we’re not going to be the guys to mess that up. Things are extremely geared up and looking immensely positive. The IMF and UST are on lockdown. Everything has been done and we are waiting for execution now. 5-5-2014 Intel Guru TNT Tony [via Adept1] We know things are going on behind closed doors from people involved in the process. I feel very good about it, and the RV can happen any moment. We are still in a super-fantastic place. We have an RI...and there has been no attempt to rescind it because it’s already been signed off... we are down to the last minute...it’s just about announcing it...
5-5-2014 Intel Guru TNT Tony [via Adept1] We know things are going on behind closed doors from people involved in the process. I feel very good about it, and the RV can happen any moment. We are still in a super-fantastic place. We have an RI...and there has been no attempt to rescind it because it’s already been signed off... we are down to the last minute...it’s just about announcing it...
5-5-2014 Intel/Newshound Guru American Contractor There have been reports that the Prime Minister, Nuri Maliki departed Iraq and went to Iran. This is not true, PM Maliki has remained in Iraq to coordinate and organize the next Iraq government.
5-5-2014 Intel Guru WILDDUCK ...THE RI DID OCCUR...THEY FIXED THE GLITCH PROBLEM...THE RI WAS RECOGNIZED AROUND THE WORLD LAST WEEK AND ONE OF MY VERY GOOD PROVIDERS...TEXTED ME THAT IT RI IN SPAIN TODAY. IT IS NOW A TRADABLE CURRENCY AND 10 DAYS FROM THE EVENT SO GOING TO BE REAL HARD TO NOT SEE IT NOW. IMO TIMING OF THE EVENT SO WE SHALL SEE WHAT THE WIND UP IS AS THE DAY ROLLS. [is the range of ri 3.00?] IMO PLUS APPRECIATION...THE 3.22 IS THE LAST GOOD NUMBER WHEN THEY CRUSHED DURING THE WAR, SO THAT IS THE START RATE.
5-5-2014 Intel Guru Mnt Goat From everything I am hearing I fully expect to see the final completion of the process this week and all of us be at the banks and exchanged.
5-5-2014 Intel Guru Delta FROM IRAQIA TV: CBI WILL TAKE NEW MEASURES BY MIDDLE OF THIS YEAR TO INTRODUCE NEW CURRENCY (LDS) AND DELETE THE ZEROS.
5-5-2014 Intel Guru MarkZ ...I feel more than confident that this is our month no matter what.
5-5-2014 Newshound Guru Shredd for me, the part of the current picture that is unknown for how long it will continue is the usage of the USD but it makes sense we don't know this because knowing the plan around the usage of the USD would tell us the plan of the dinar denominationally speaking, the Iraqi economy needs reliable and practical currency notes and for now, Iraq continues to be a dual currency country something the IMF wants them to get out of. I really look at all of these preparations as fact that a monetary change is coming soon. [part 2 of 2]
5-5-2014 Newshound Guru Shredd [Shredd how does a country grow the gdp last year to around 13% and still have a rate at 1166?] that is the nature of a managed float, it's not reflective of what the rate can and should be...it's all about timing to CBI. [does that mean they can...keep the rate at 1166 for a long time?] they have to mitigate counterfeiting, ensure banking laws are in place, launch the removal of the large notes, release the mid and (eventually) the smalls, they need to be fully compliant with the IMF...technically, sure but it's quite obvious they have been building and planning otherwise...if the plan was to stay at 1166 for a while longer, the CBI would be releasing new 000 notes but tons of articles are saying the middle notes. [post 1 of 2....stay tuned]
5-5-2014 Intel/Newshound Guru American Contractor The official election results will not be published before the 25th of May. Iraq political groups will attempt to publish results however, it is the Iraq Electoral Commission who has the final say.
5-5-2014 Newshound Guru Kaperoni Article: "Commission: We will announce the preliminary results of the elections after the "25" of May" Pretty clearly stated after the 25th. Sit tight and relax. 5-4-2014 Newshound Guru Kaperoni this is a speculative investment of the highest kind...but my faith is that the CBI is following the directive of the IMF. In the last Article IV Consultation (May 2013) the IMF stated at least 3-5 times that the CBI needed to comply and accept Article VIII. Which is what we want for the dinar to rise in value. Here are those quotes..."...with a view to accepting the obligations under Article VIII", "...ultimately complying with Article VIII of the Fund’s Articles of Agreement" & "The CBI is working closely with staff on complying with Article VIII of the Fund’s Articles of Agreement" To me, if the CBI follows through and does this, the dinar will rise in value. And that is a good thing.
5-4-2014 Intel Guru Frank26 M [Maliki] has nothing to do with the MR [Monetary Reform]. As I said he is a delay in the Lava Flow of The MR. The delay is within the time of the election results and his outcome. We wait to see where he Lands. Then GOI sits And God willing The Lava Flow continues without M and the CBI giving the GOI a new rate for the 2014 budget that is beyond late.
5-4-2014 Intel Guru hub if the dinar is not revalued, then all consumer products in iraq will have to be priced to the value of a 25000, 10000, or 5000 dinar price, no way to make change, so the pricing will constantly change, just as did the kuwait dinar, the mexican peso, the german mark, japanese yen, all the african currency, canadian dollar, and the rest of the worlds countries that have changed the value of their money, oh, by the way, they have all changed the value to coexist with the markets of the world, and so will iraq. [You wouldn't know when would you?] in my worthless opinion, and from the currency broker contact, its ready now...he is scratching his head about why its not happened.
5-4-2014 Newshound Guru Aggiedad77 Article: "Parliament intends to set a date for a meeting to discuss the budget passed" There will be discussion over the next couple of days for Parliament to meet to further discuss the budget...the quartet that was formed to reach an agreement on the budget have not done any better than anyone else to date...no agreements have been reached...not sure how legal this is but the Speaker of Parliament Najafi has extended the work of Parliament by one month to June 15...so we continue to wait.
5-4-2014 Newshound Guru chattels CBI : Currency Auction Report *** THERE IS NO CURRENCY AUCTION REPORT SINCE LAST SATURDAY, APRIL 26 TH, ( as 6:51 A.M. EST, 4 May 2014 )... iT DOES APPEAR THAT THE RATE / RATES HAVE BEEN UPDATED THROUGH TODAY : " Indicative rates - 04.05.2014 " [See the Dinar Guru Resource Bar on the left for the official CBI rate.]
5-4-2014 Newshound Guru Millionday [With budget being passed. CBI beginning to move money. Do you think they will move with the new rate and with the Global stock exchange happening on the 15th of this month don't they have to have a reality rate to present the ISX TO the conference?] they have to have a reality rate to release the isx -- no doubt about that ---- the issue of what the value is and how and when they will proceed we do not have in ink. [post 2 of 2]
5-4-2014 Newshound Guru Millionday Article quote: "Qusay al-Suhail, Saturday, that the presidency of the parliament intends to make an appointment during the next two days for a meeting with the heads of political blocs in order to resume the discussion of the draft federal budget and passed." this is to discuss the formed budget...we have multiple points coming out but --- budget is going and agreement is made. tomorrow [Sunday] parliament is having an emergency meeting that is to put the budget through...they are meeting first thing in morn. [post 1of 2....stay tuned]
5-4-2014 Newshound Guru Aggiedad77 Article: "Specialists: accelerating the adoption of the general budget rises infrastructure" One has to wonder about Iraq attempting to accelerate anything much less the budget process...all they are lacking is the second reading and a vote...but can they get this done...will there really be a Parliament session tomorrow and if so will the budget be on the agenda...all the delays of the past four months and heading into the fifth month now are causing economic havoc for the country and its citizens and businesses as well as the many contractors that are working in the country...some politicians may be waking up soon and realize they are out of a job...makes me wonder how many will show up for a Parliament session tomorrow [Sunday].
5-4-2014 Intel Guru MarkZ [r we expecting the rv before or after...Wednesday?] I am more than a little hopeful that it could be before. [might we be seeing updated rates on the CBI and or Forex on Sunday?] If things go very smoothly you could see them. [you claim this "RI" happened (a week ago today), but NOTHING!] I am being told by people I trust in Iraq that Maliki did pull that trigger...time will tell us soon. [Know of any IMF/BIS rule regarding how long a RI can be accomplished before it is revealed?] I was told 10 days. [10 days from the 26th puts us about Monday the 5th.] [when do you think the announcement will come?] I am afraid to say but I think early this week. [are the contract rates limited only to those participating in private placements, or will the public have an opportunity as well?] I am told the general public will be offered something better than the street rate.
5-4-2014 Intel Guru Frank26 THE DFI FUNDS...IMO...HAVE FOUND THEIR WAY TO THE BIS...IMF...WB...AND SOME OTHER PLACES FOR CONTINUAL PROTECTION OF IRAQ'S FUNDS. WE HAVE ALSO LEARNED THAT THERE IS A “PLAN” WITHIN THE GOI ON HOW TO SEAT WITHOUT M [MALIKI] INTERESTING. TEAMS TOLD ME THIS MORNING THAT THINGS ARE MOVING EXTRAORDINARILY FAST RIGHT NOW. MY DESIRE IS THAT THE GOI AND CBI...RAISE THEIR CURRENCY AND THEIR COUNTRY AT THE BEGINNING OF JUNE. NOBODY KNOWS THE DATE...NOBODY KNOWS THE RATE AND ALL OF THIS OF COURSE IS “IMO”.
5-4-2014 Newshound/Intel Guru Randy Koonce Ok here is the Skinny...I cannot give you intel because it is very sensitive at the time...I can say our window of opportunity is from now until Tuesday. If it gets past Tuesday we will not see another window for 30 days. Continue to check the cbi website for the rate change. [Official CBI rate is located in the Dinar Guru resource bar on the left of this page]
5-4-2014 Newshound Guru Kaperoni [Why would lebanon want to come to Iraq not knowing if M [Maliki] would still be PM?] it technically should not matter, their constitution says they will transform to a market economy that is the reason everyone is moving in. 5-3-2014 Newshound/Intel Guru BGG Article: "al-Maliki in Tehran to discuss the developments in the political process and the third term Sat May 03 2014" If Maliki is in Iran already - he knows what the problem is. It sounds like - if they send him packing we could see some resolution to the political scene quickly...I have heard some very astute political "think tanks" here in the US...They don't think he will last much longer.
5-3-2014 Newshound Guru Kaperoni Article: "Iraq elections: Alliance (chest - Hakim) gets 80 seats" It all sounds great but until it's official I am not counting out Maliki. He always seems to come up with something.
5-3-2014 Intel Guru MarkZ The IMF, US, BRIC heck everyone is scrambling because Iraq forced the issue when they moved forward with the RI. [Do you think just the RI rate from Iraq about $3.22 will be released or a full RV/GCR with all the countries?] I think we will see a blending of it. I am THINKING RI for a few days...and then an RV to establish a proper long term value. My opinion only though... [If only an RI of the dinar- sure leaves a lot of VND holders in limbo?] They will go at the same time, no worries. IMO. Most of my other contacts have gone silent which is to be expected here at what appears to be the final hours.
5-3-2014 Newshound Guru Kaperoni Article VIII is required for investment and capital flow, and once they do that, a new exchange regime is required (some kind of float) that would let market forces dictate the rate. You cannot bring in investment, open the capital account and not have some sort of float in place. That is clearly stated in transitional documents. The result would be inflation. So the bottom line is once they go to Article VIII, they can no longer keep the dinar weak. All of these banks, investment agreements, etc. are lining up the transition to create a huge economic boom heard around the world once Iraq passes the laws and open the banking system. [post 2 of 2]
5-3-2014 Newshound Guru Kaperoni Article: "Lebanese banks seeking financial boom in Iraq and check to avoid money laundering" Quote: "did not come to Iraq to engage in dollar tenders organized by the Central Bank through currency auctions," Love that line... In other words, were not here to make 12 dinars per dollar with your currency auctions...we're here to lend and do banking business! This is a sure sign IMO that the banking system and capital account will open soon. And that means compliance and Article VIII...our strongest weapon for the appreciation of the dinar is the market economy. [post 1 of 2....stay tuned]
5-3-2014 Intel Guru MarkZ [I have it confirmed from a great source that this Tony statement is true: "It is sitting on the bank screens right now. Right now they are trying to execute the announcement of it." You agree?] I will step out on a limb. Yes I agree with Tony on that. [Is the 3.22 firm? I have been told rate at time of sanction plus inflation?] We can't answer that without setting ourselves up for legal issues later. I am looking for higher though. IMO. We are in a great place and Maliki calling for the RI has forced a serious fire to be stoked under the US. It appears to be in the final hours. I personally think by the 15th at the latest. 5-2-2014 Intel Guru DC The RI was initiated last Saturday pm/Sunday am and it's an international mandate that everybody must follow. We are beyond the notification timeline to do so.This morning in the Mosque the RI was announced yet again. They announced that they were reinstated and internationally accepted. Everyone is ready...banks/security/BIS/IMF. All have been briefed on last minute changes. The rate was loaded and was live throughout the entire US on all banking screens Wednesday night/ Thursday morning and then it went on administrative hold again...somehow we had a "technical" issue and it makes you highly suspicious. They are addressing it and fixing right now...they are past the point of negotiation. The US is at a place they have to go with rest of the world. Iraq's been generous and had enough. All looks good and the shenanigans are out of the way. It's been curtailed & is now moving forward.
5-2-2014 Newshound Guru Millionday the election results are being counted and will not come out until 20 or 30 days go by - the parliament that is in place will be working until june 14th - the new is to take their place on june 15th. [do we have to wait for the government to be placed before the CBI does its thing?] i dont think we have to be -- we dont know the date but no they do not have to wait.
5-2-2014 Newshound Guru Stryker Turki announces today that the central bank will proceed without hesitation to apply the project raise zeros from the local currency once the political and economic situation is settled in the country. Folks, if you're not excited you are just not paying attention...
5-2-2014 Intel Guru TNT Tony Everybody was ready yesterday. The US officially accepted the rate. Teams were launched across the US. Exact times set for things to happen. We had a live rate...had one of our own people scheduled to CE this morning. Everything was great until there was a "glitch". It was now basically reset this morning. Meetings are going on now and this morning. Things scheduled for later today and tomorrow. The biggest thing was again this morning in the mosque they announced the RI has happened and their currency has been accepted internationally...two weekends in a row. Celebrations are scheduled to begin and announcements sometime between now and Monday. We are in a good place. Things are going in our direction. It's a great day, a great weekend...this is coming to the end.
5-2-2014 Newshound Guru Kaperoni I have never heard of a timeline for caretaker gov. So he can sit and sit and sit until he gets his way (remember even his ad campaign talked about a majority government) which is a consolidation of even more power than he has now. Maliki is not walking away quietly...the only scenario I see that happening is if the other blocs form a conclusive alliance that gives them clear numbers (163 or more) seats. Then the writing may be on the wall. But don't hold your breath. [post 2 of 2]
5-2-2014 Newshound Guru Kaperoni Article: "Parliamentary Legal : Maliki will end his term in mid-June next" quote: "the mandate of Prime Minister Nuri al-Maliki will end in mid-June next , while turning to a caretaker government after the expiration of the mandate ." To funny, he is the caretaker government. Maliki's term may end when Parliament recesses, but the caretaker GOI takes over (which is Maliki) lol. And he will squat until he gets enough seats to form a new GOI. [post 1 of 2....stay tuned]
5-2-2014 Newshound Guru Aggiedad77 Article: "Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation" Interesting news out of Turki and the CBI this morning...especially since it is a Holy day for them...he is quoted as saying the lifting of the 000's will not happen unless there is a need from a political and economic situation in Iraq...that is a pretty bold statement from him that he sees "both" a political situation AND an economic situation being the cause of lifting the 000's...well if the election results put them in a bind like in 2010...AND the fact that they don't have a budget for 2014 STILL...IMO...that sounds like the perfect timing for him to take this action...he also denies that this restructuring of the currency would take place next year...oh that sounds good to me.
5-2-2014 Newshound/Intel Guru BGG If the CBI opens up on Saturday and they have a currency auction with 1166 as a rate then you can be sure it did not RI last Saturday and there was no RI announcement. That will end this whole debate.
5-2-2014 Newshound Guru Chattels Early results show that the Kurds may win 58 seats in the Iraqi parliament, around the same number of seats (57) they won four years ago. Unless the five major Kurdish parties gather under one umbrella and form a strong bloc, they will easily fall victim to Nuri Maliki or any new prime minister who will happily exploit a Kurdish division.
5-2-2014 Intel Guru Jester AT THIS POINT WE ARE ONLY WAITING...THERE IS NOTHING MORE TO SAY...AND I BELIEVE WE ARE CLOSE ANYWAY.
5-2-2014 Newshound Guru Aggiedad77 Article: "Baghdad’s ambassador in Washington: A new stage of cooperation between Iraq and America" Iraq's ambassador to Washington was quoted as saying there will be a new wave of cooperation between Iraq and the US following the elections yesterday...Iraq will work on activating the strategic framework agreement with the US...Iraq will now seek stability and independence...Iraq is looking for assistance from the US in areas of security and stability...for maintaining world peace against all threats to the Iraqi sovereignty.
5-2-2014 Intel/Newshound Guru Poppy3 [Do we believe they have a timelimit window to get this all done?] I DO THINK THEY HAVE SOME SORT OF TIMELINE BUT WITH NO BACK WALL TO COMPLETE THINGS. THEY DO AND HAVE BEEN MOVING IN THE RIGHT DIRECTION FOR SEVERAL WEEKS NOW AND HAVE NEVER SEEMED TO STOP FOR ANYTHING. OUR GOAL IS THEIR GOAL AS I SEE THEM PROGRESS. [post 3 of 3]
5-2-2014 Intel/Newshound Guru Poppy3 HE HAS BEEN A MALIKI SUPPORTER ALL THE WAY AND IF MALIKI IS OUT THEN HE MAY BE REPLACED ALSO VERY SOON. ALSO REMEMBER TURKI HAS TRIED TO RESIGN SEVERAL TIMES IN THE LAST 6 MONTHS. THE CBI IS SHAKY UNTIL THE TURKI SITUATION IS RESOLVED. THAT CAN EFFECT OUR INVESTMENT FOR SURE. WE MUST SEE WHAT TRANSPIRES AND I AM SURE THE IMF, WORLD BANK IS WATCHING EVERY MOVE TO SEE IF HE IS GOING TO REMAIN AS CBI GOVERNOR. [post 2 of 3....stay tuned]
5-2-2014 Intel/Newshound Guru Poppy3 THEY HAD THEIR PARLIAMENT MEETINGS TODAY [THURSDAY]...BUDGET, HCL AND TARIFFS BEING DISCUSSED. THEY WILL MEET AGAIN TOMORROW ON FRIDAY THEIR HOLY DAY. I WILL SAY THIS WITH CONFIDENCE THEY ARE GOING FORWARD REGARDLESS OF VOTER SITUATION. THEY ARE PUSHING THEIR AGENDA AND I BELIEVE THEY ARE WATCHING THE CBI SITUATION IN REGARDS TO TURKIS POSITION BEING RETAINED. [post 1 of 3....stay tuned]
5-2-2014 Newshound Guru Kaperoni [you said that you thought it would be good if Maliki won again. Do you still feel that way?] as a dinar investor, we want a new GOI in a quick manor so they can get back to business and start making decisions, passing laws and moving to a market economy. So in that sense, yes. Do I want Maliki to win? No, but knowing Maliki, he will fight tooth and nail for a third term meaning he will drag this out for months and that is not good for us as investors. [post 2 of 2]
5-2-2014 Newshound Guru Kaperoni Article quote: "The Parliament of Kurdistan Region prepares to hold a regular session to announce Nechirvan Barzani as the Prime Minister for the next Government." The Kurds have their own goverment and PM which is currently being formed at the same time as the Iraqi elections and GOI. It has nothing to do with the GOI or PM for Iraq. [post 1 of 2....stay tuned] 5-1-2014 Intel Guru MarkZ [do you have any knowledge of Iraq have an RI?] I have had multiple people sources and two of them are in Iraq say yes on the RI. I believe now that it is true. My source there said it could take 10 days from the RI. I know that UST went into seclusion for a couple of days following that news though. [Do we still think the Zim will go in the first round?] I am told the zim will rv twice...once to give it a value and again once it is stable. We have no absolutes in this rv game but it looks as good right now as it ever has in the many long years. I am excited, tempered, but very upbeat. [post 2 of 2]
5-1-2014 Intel Guru MarkZ [I am wanting to know if the VND will go with the dinar.] I am told they absolutely will. Both countries hold each other's currencies in reserve. If they go separately one would own the other. [Are we as close as OKIE thinks we are?] If I am right he is a day or so early, I do think worst case is 2 weeks or so. There is a lot happening. I am praying that what we are hearing is correct. [post 1 of 2....stay tuned]
5-1-2014 Newshound Guru Tlar Maliki will try to put on a strong face and pretend this is not over, but he will run in the next 30 days before they seat the new parliament unless he can say something to Hakin that inspires him to make some kind of a deal with Maliki to continue his immunity. Won't happen. Watch for the tail of Maliki's private jet going off the tarmac into the sunset. My best guess is still Chalabi for PM. [post 2 of 2]
5-1-2014 Newshound Guru Tlar There is a new power broker in town. Hakim just declared victory based on the trend he is seeing. Hakim will quickly form a government. He has done his homework and was prepaired for this moment. It will take another week or so before all the votes are counted but it makes no difference, Hakim has won and he knows it. [post 1 of 2....stay tuned]
5-1-2014 Intel/Newshound Guru Poppy3 holiday runs through tomorrow and we need to find out if the kurds oil started flowing and sold today on the market...being told HCL, BUDGET, AND TARIFF'S BEING DISCUSSED IN TODAYS MEETINGS AND WE HOPE TO TO GET A REPORT FROM BAGDAD LATE THIS EVENING IF ANYTHING ENCOURAGING HAPPENS. THE BUDGET AND THE RV ARE IN PLAY TO BE APPROVED AND IMPLEMENTED ASAP ACCORDING TO ALL SOURCES...
5-1-2014 Intel Guru MarkZ I expect us to be done very soon...The good news is multiple "leaks" inside UST see us done soon and I wish I could share just how positive my banking contacts are now. It is getting down right exciting again! [In your opinion have negotiations between the BRIC nations, the IMF and the US prevented the plug from being pulled?] no. Banking entities and politicians trying to use those contacts have kept us delayed. If anything we owe an ENORMOUS thank you to the BRIC nations for being this close at all. I am hearing [Okie] is close to right. I am being told he may be a day premature though [reference Okie's post 5-1-2014].
5-1-2014 Intel Guru Okie_Oil_Man I AM CURRENTLY AWAITING A VERY IMPORTANT ANNOUNCEMENT, DUE THIS EVENING OR IN THE MORNING, THAT WILL AFFECT US ALL POSITIVELY.
5-1-2014 Newshound Guru Aggiedad77 Article: "Parliamentary Finance: a quick session to resolve the budget crisis" The Finance Committee has stated there will be a session of Parliament to meet on Sunday, May 4...to "approve" the General Budget Law...note there is no mention of the second reading, but just the approval of the budget...according to the MP making this announcement there are no remaining conflicts...and there should not be any excuse for not having a quorum.
5-1-2014 Intel Guru Mnt Goat It is now beyond the 72 hour period necessary as specified that all new rates must be rolled out to the public exchanges and be international. Many international laws now have been broken. Having said this I also want to emphasize that there are many more good and honest people working very hard to bring this to completion and abide by all agreements and international laws. I have to tell you the game is coming to an end and will soon be over. [post 2 of 2]
5-1-2014 Intel Guru Mnt Goat ...we may never even see this reinstatement rate and go directly to the revaluation rate when it goes live to the public. My concern now it that I am hearing more delays and excuses to hold it up even longer. Time and time again the USA has broken all agreements. Now that Iraq has officially reinstated their currency as of Saturday April 26, 2014 this situation now has grown to yet a new level. Now there are other legal agreements and international laws being disregarded. This is now elevated to a very, very serious level. [post 1 of 2....stay tuned]
5-1-2014 Newshound Guru Millionday so many are saying oh no -- if maliki comes back in --- the economic reform will not happen --- that is not the case --- if they dont activate the economic reform it wont get done...the economic reform has to happen for Iraq to have a free market economy.
5-1-2014 Intel Guru TNT Tony I have nothing but good news. Let's wait and see though. The day is not over.
5-1-2014 Newshound/Intel Guru BGG [do you think CBI will just RV the money without having everyone seated? I thought they were in such a hurry to get the market economy going?] we'll have to wait and see. I think the CBI has a bit of a sense of urgency - especially without Maliki hanging over their shoulder. Parliament surely does.
5-1-2014 Intel Guru Bluwolf ...well today is vote counting time in Iraq, it is all world banks placed on high alert day, it is the pushing of the final go in the freaking US bank system. It is you are now officially placed on the highest alert day and it is just have every darn thing in order and ready to run time.
5-1-2014 Newshound Guru chattels THERE IS NO CURRENCY AUCTION REPORT SINCE SATURDAY (as of 4:30 A.M. EST, 1 May 2014). Presumably the CBI is closed at least on the 1st, which is today, the day after the election. The government holiday begins tomorrow and through to next Sunday. It will be interesting to observe whether the currency auctions will continue during the government holiday over the next seven ( 7 ) days. NOW WHAT? The countdown to election day is over. Will Maliki be evicted ? The coming days will be telling. First, we await the tabulation of votes, challenges and appeals must run their course, and then we should have a certification of the results and know which cluster received a plurality of the vote. Let the political maneuvering begin. Fasten your seat belt. 4-30-2014 Intel/Newshound Guru Poppy3 ...IF MALIKI IS OUT THEN IT IS VERY POSSIBLE TURKI WILL BE OUT ALSO SINCE HE IS A APPOINTEE OF MALIKI. TIME WILL TELL...MY HOPE IS AT THIS POINT IF THAT WHERE TO HAPPEN AND MALIKI IS OUT OF POWER THAT DR. SHABIBI COULD BE APPOINTED BACK IN THE POSITION AND I THINK WE WOULD SEE A GREAT RV VERY FAST. HE KNOWS THE PROGRAM AND HAS THE IMF AND ALL FINANCIAL LEADERS WORLD WIDE SUPPORT...AND I STILL BELIEVE VERY VERY STRONGLY THAT THE FINANCIAL REFORM IS IN PLAY EVERYWHERE AND TRUELY THIS RV CAN HAPPEN AT ANYTIME THEY ARE SATISFIED THEIR SYSTEM IS READY TO GO AND THE LEADERSHIP IS PREPARED AND IN PLACE. [post 2 of 2]
4-30-2014 Intel/Newshound Guru Poppy3 MY SOURCE IN W [WASHINGTON?] SAID TWO WEEKS AGO THAT THE IMF, CBI AND WORLD BANK HAD ALL AGREED TO HOLD THE DINAR TILL POST RV [POST ELECTION?] SO THEY COULD KNOW EXACTLY WHOM THEY WILL BE WORKING WITH POST RV. THEY WERE ALSO WORRIED THAT WHOM EVER BECOMES PM THAT THE GOVERNORSHIP OF THE CBI COULD BE CHANGED IN A MOMENTS NOTICE AND COULD CHANGE THE ENTIRE CBI OPERATION. HE SAID HE THOUGHT AT THAT TIME THEY WOULD KNOW AND MAKE A MOVE ONE WAY OR THE OTHER BY JUNE 1. [Post 1 of 2....stay tuned]
4-30-2014 Intel Guru Frank26 Elections went well...No killings...No explosions...98+% turn out...Citizens very Proud. They KNOW this time their votes actually count and will be Counted. Told You it would take 2 weeks to learn the winning coalition. Iraq is on holiday until Sunday plus tomorrow is Labor day...
4-30-2014 Newshound/Intel Guru BGG [so does anyone here know if maliki is in or out?] far too early for that - however, some early thoughts from political watchers. It appears overall participation rates are almost EXACTLY the same as the 2013 provincial elections...which is - if accurate - very good news. Maliki wanted a much lower turnout. NOT GONNA HAPPEN. from what they tell me - the only number that matters at this point is "voter participation"...the initial numbers are very good.
4-30-2014 Newshound Guru Millionday ok so this is where we are -- the elections are over and now they are counting and parliament is to meet tomorrow --- the wait right now is where who what and when...everyone is waiting on results...we wait for some type of update as to where this is going election wise.
4-30-2014 Intel Guru DC (via adept1) the CBI are working very hard to get this out…We understand many Middle Eastern governments have put their weight behind getting this done, and the EU, UN, IMF and BIS are doing a great job keeping this in line, in the light of day, and the correct process…Also, a lot of the international banks understand that these shenanigans are not the right things to do, affecting international trading and banking, and they know which side to line up with. The IT and banking folks understand they have to do this properly and legally…everybody in this entire process is looking forward to Iraq coming into its own and the RI of their currency. [Post 2 of 2]
4-30-2014 Intel Guru DC (via adept1) …Bottom line, things look really phenomenal right now, everyone in the right place doing the right things, apart from people messing with this over the last 36 hours... I think we will be in RV mode by tomorrow… But if it’s necessary, we will let the world know what those people are doing…All the Iraqi politicians are in the middle of democratic elections, and the independent observers are happy because that is going well…Everyone has accepted the RI; [post 1 of 2 Stay tuned]
4-30-2014 Intel Guru TonyTNT (via adept1)…The RV has not taken place; M did it as an RI because he had the power and authority to do so…That’s where we’re at this moment. I had a call earlier, and they were 100% sure today is our day. If so, great. We’re just telling the truth…I’ve got calls saying “don’t worry” but we have heard that before. We do know that a few people are trying to derail this for their own reasons, but the world as a whole is saying “enough is enough”. [Post 2 of 2]
4-30-2014 Intel Guru TonyTNT (via adept1) …we know without a shadow of a doubt, and the rest of the world knows that the RI was initiated by Iraq 7pm my time last Saturday. It was done, but it has been hidden all week because some people are hell bent on making sure the people don’t know…It’s a complicated situation. We want to be measured and careful in what we are saying. There is no reason NOT to see the RI today. [Post 1 of 2…Stay tuned]
4-30-2014 Newshound/Intel Guru BGG Election Day!! Very exciting. There are polling stations for Iraqi Nationals in numerous different countries. Talabani voted in Germany. [if his Block wins what is to say they would allow Maliki to still be the PM?] they have said "No" publically...not guaranteed - just yet. Still alot of electoral bluster going on.
4-30-2014 Intel Guru Jester International banking regulations state that bank notes will retain their face value. The three zeros on the notes cannot be ignored. The removal of the three zeros refers to the $.00086. Notes can be withdrawn from circulation but only after a certain time limit, usually around two years. WHAT CANNOT BE IGNORED IS THE IRAQI INTENTION TO REMOVE THE 3 ZEROS...IT IS IN PRINT...
4-30-2014 Intel Guru Delta ELECTION BEGIN. VERY SMOOTH PROCESS WATCHING IT LIVE FROM IRAQIA TV. [Can you keep us updated on the exiting poll results?] IT MIGHT TAKE ABOUT 2 WK OR LESS TO KNOW THE RESULTS. [Who cares...] YOU ARE RIGHT...WE WILL BE RICH BY THEN.
4-29-2014 Intel Guru TerryK BEING TOLD AT 2 AM SOME ACTIVIITY IS TO HAPPEN... NOT GOING TO SAY THE BANKS ARE GOING TO DO ANYTHING BUT HEARING A SMALL RUMOR IT'S ABOUT TO POP.
4-29-2014 Newshound Guru Chattels THE ELECTION STARTED SUNDAY FOR ABSENTEE VOTERS IN OTHER COUNTRIES, TODAY FOR SPECIAL GROUPS, MILITARY, SECURITY, ETC, AND ONE DAY " TOMORROW " FOR THE GENERAL POPULACE.
4-29-2014 Intel Guru Bluwolf Things have not transpired as a go by the US of the actual RV simply because of what they in Washington call, "these imposed but necessary loose ends." With respect on all this RI announcement issues from my end sources none have been seen till this moment. If this was to RI ( 3.22 before the war ) it will only acknowledge to the world that Iraq is back to the international arena. Usually RI go up to their new original value within the first 72 hours, so please do not worry.
4-29-2014 Intel Guru WILDDUCK OK, for illumination and understanding, 72 hours is the time frame for the algorithm of Babylon II software to renumerate the price ratios with 198 nations when a price change occurs from what was programmed before. As an example, 3.71 in the box 3.22 needs to be put in and adjusted to all the other rates …the rate will hit all bank screens in USA and then currency traders, the lag time will not be much imo...I would be lacing up my track shoes.
4-29-2014 Newshound Guru Chattels [can the rv happen while elections are going on?] i am aware of no limitation other than the thought that the CBI is closed, which is why i am watching the currency auction report especially close this week. *** THERE IS NO CURRENCY AUCTION REPORT SINCE SATURDAY as of 2:04 EST... [do you feel that the rv could occur prior to July 1st which is the date of a new accounting period?] my belief is that the RV could happen at most any time now, but when, i do not know.
4-29-2014 Intel/Newshound Guru Poppy3 AWESOME INDICATOR OF PROGRESS: Article quote: "The Kurdistan region of Iraq is set to launch $46 billion worth of projects in the energy, construction, tourism and basic infrastructure sectors as part of its efforts to boost the region's economy. The Kurdistan Projects conference, is being organized by Meed from June 8 to 10 at The Rotana, Erbil." TO LET THESE KINDS OF CONTRACTS THEY MUST HAVE A VALUED DINAR.
4-29-2014 Intel Guru Mnt Goat This is what I am hearing will happen. We will never see the reinstatement rate. They will wait until after the elections are completed and the new Iraq government is seated (just a few days from now) and then less than a week later push out the full revaluation and complete the global currency reset (GCR). Until then the news media will not tell us anything of Saturday’s event. It would be of great benefit to Iraq to come out at the higher rate in the later revaluation. The revaluation could be over $4.00 but at least $3.71 rate. It will be on a controlled float. I know this for a fact... They seek a $3.71 rate. From my perspective we are in good shape to see the RV soon... [post 3 of 3]
4-29-2014 Intel Guru Mnt Goat The IMF also agreed to and fully supported this action taken by Iraq...the IMF actually advised this action with Iraq GOI... this reinstatement did happen. they are simply reinstated the sanctioned currency on-hold value to what it was prior to the second gulf war at a rate equal to the prior international rate. Normally they are also allowed to add on a 25% equity according to the 10 years following the war...but they are not being allowed to add any equity to their rate at this time. This means legally the USA has 72 hours to complete the rollout process of the newly reinstated rate. [post 2 of 3....stay tuned]
4-29-2014 Intel Guru Mnt Goat During last week the CBI and GOI of Iraq finally put their foot down and wanted the USA to commit to a final real date on when they would complete the international rollout process of their country’s revaluation. A revaluation not a reinstatement was agreed to at this meeting. The rate was set for $3.71. In these negotiations they (USA, IMF and Iraq) agreed to a final rollout date of Friday 4/25 date with a backup date of 4/27...on Saturday morning the excuse came. The excuse this time was that the oil credits with another country were under dispute. So Iraq decided to reinstate their currency, which they had every right to do. They also have control over this process since they are now out of all sanctions and well on their way to ascension to the WTO. [post 1 of 3....stay tuned]
4-29-2014 Intel Guru TerryK IF THIS DID GO DOWN SUNDAY THEN WED NIGHT SHOULD BE THE MAGICAL NIGHT OR TONIGHT WHEN ALL THE BANKS TALK AT 2 AM. [Reference Guru DC's post 4-28-2014]
4-29-2014 Intel/Newshound Guru Poppy3 AT NEARLY MIDNIGHT LAST NIGHT...I GOT A CALL AND THEY INFORMED ME THAT MANY OF THE CONTRACTORS WERE PAID SATURDAY AGAIN IN USD SO I DOUBT WE ARE GOING TO SEE THE RV UNTIL AFTER THE ELECTIONS ARE COMPLETED AND THE NEW PM IS NAMED AND IN PLACE. IT WILL ALSO BE VERY INTERESTING TO SEE IF HE WILL LEAVE TURKI AS THE GOVERNOR OF THE CBI.
4-29-2014 Intel/Newshound Guru American Contractor The Iraq federal budget of 2014 has not even passed in the Iraq parlia