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7-9-2012 Intel Guru Soonerfan62 ALL TIMING NOW, NO HOLDUPS...REALLY DON'T KNOW WHAT WE ARE WAITING ON TO BE HONEST...DON'T LISTEN TO ANYMORE INTEL...THE ONLY INTEL THAT COUNTS AT THIS POINT IS OKIES FINAL POST. NOTHING ELSE MATTERS...SLEEP WELL TONIGHT, MAYBE A BIG DAY TOMORROW.
7-9-2012 Newshound Guru SWFloridaGuy Lets put this in perspective, China was the largest RV in history at 30%. For Iraq to RV on par with the USD would be a 1,000% increase. That presents a ton of problems logistically. Even though much of it will be electronic, it still has to have a large part backed by hard currency and will have to be widely accepted around the world as a form of payment for goods and services. The IQD will have to remain relatively stable, be introduced into and remain highly liquid in the forex market and the country itself will have remains politically and economically stable. The other option would of course be a RD where they remove 3 zeros and change the rate from 1 IQD = US$0.00086 to 1 IQD = US$0.86. From there it could revalue from 86 cents to 1 Dollar, a 16% increase and more comparable to China and other RV's. That is NOT what I believe will happen, nor would it be the historic change we all signed up for. [post 4 of 7...stay tuned!]
7-9-2012 Intel Guru Cap1 WHAT I AM HEARING INTEL WISE IS TOO SENSITIVE TO SHARE AND IT'S ALSO SO GOOD FOR ALL OF US. SO, NO NEED TO WORRY. LAST MINUTE POLITICAL POSTURING HERE IN THE USA. [Are we still in a good position?] VERY, VERY MUCH SO.
7-9-2012 Intel/Newshound Guru Poppy3 without a full GOI and shared power, Dr. Shabibi will not release the RV period. It can happen that fast but it is just not probable. Lets stay grounded in the facts that we know have been verified.
7-9-2012 Intel Guru Hammerman On Friday Bush negotiated some stuff with my friend "LM" to get us into a cash-in position and make it possible for this to go forward. My friend worked with Bush to remove the hold-up. We can confirm the bad guys have been removed. At 3 am I got a call from an embassy person and he told me that the IQD revalued at $1.77 to the GBP last night, $2.90 USD. I called my friend who's a General in Baghdad and he confirmed it. He said the troops were told to warm up and be on alert.
7-9-2012 Newshound Guru SWFloridaGuy Now every year we hear that the RV is in the budget, a rate of 3+ is required and it must be a revaluation. I only see 2 ways Iraq could get to a rate higher than the USD. Multiple revaluations, with incremental adjustments as a managed float in compliance with IMF oversight or a RD (which of course I don't believe will be the case). In my opinion Iraq will RV just less than the USD (as referenced by the SIGR report and countless 1 to 1 articles from the CBI and Finance Committee) or just slightly over, at the most. When I say "referenced" by the formerly mentioned, I am of course only pointing to a rate, as those sources do not mention the mechanisms that will get us to it. (No RV mentioned for obvious reasons). [post 3 of 7...stay tuned!]
7-9-2012 Intel Guru Bluwolf ALL IS FALLING INTO PLACE AND IT IS A NICE FEELING...NOBODY CAN UNDO ANYTHING AT THIS POINT, AND ALL WILL COME TO BE...JUST WAITING ON THE CALL...THERE IS NO MORE TO SAY...CAPICH ALL IS DONE.
7-9-2012 Newshound Guru Doc Several more recent articles revealed a little more encouraging information. In particular one stated the new currency would be issued at "full merit". We maintain this may eliminate the thoughts of it coming at lower than $1 and working its way up. Instead this seems to indicate it will be issued at the previously planned value which we have shown numerous times to be around $1. Also encouraging is the revelation the old currency will coexist with the new for at least 2 years. Since there will not be two different exchange rates this firmly cements the fallacy of the LOP theory. We continue to maintain the RV will be around $1. We report, you decide
7-9-2012 Intel Guru Bulldog75 ALL INFO IS GOOD AND POSITIVE. TRENDING EXTREMELY WELL IN THE RIGHT DIRECTION.
7-9-2012 Newshound Guru SWFloridaGuy Certain countries who are WTO members do use the USD but Iraq's goal is for their primary currency to be the IQD and eventually dedollarize. We also believe this is an obligatory stipulation for accession where they are concerned. When the time comes, Iraq will lay out all their economic and trade policies that relate to WTO agreements, submit a memorandum and a panel will consider the application. When the principles and policies are in place, additional negotiations will commence between Iraq and member countries. The terms will be finalized and submitted to the General Council. If 2/3 of the members vote in favor, than Iraq may accede to the WTO. I'm not saying Iraq is about to RV for that reason, I'm simply laying out the process. [post 2 of 7...stay tuned!]
7-9-2012 Intel Guru Soonerfan62 THIS HAS BEEN A LONG JOURNEY BUT REMEMBER IT'S NOT THE DESTINATION THAT WE REMEMBER MOST, IT IS THE GREAT JOURNEY GETTING HERE. I PROMISE YOU WE ARE ALMOST THERE.
7-9-2012 Intel Guru Bluwolf WAITING ON OUR CALL, NO MORE TIME BUYING, ALL IS STILL ON TRACK, TIC TOC, TIC TOC, SECOND BY SECOND WATCH. NUFF SAID...SORRY OKIE...THATS HIS LINE.
7-9-2012 Newshound Guru SWFloridaGuy I believe a RV is coming but not due to numbers referenced in their budget. Iraq does not need to RV to open the budget as some claim. Budget increases are partially due to Increased oil revenues that have allowed Iraq to add around $9 billion to its 2012 budget. Power projects, ration baskets, defense spending and compensation to Kuwait are all major contributors to spending. Iraq has earned $45.3 billion from oil sales and the 2012 oil revenues are expected to exceed last year's which were $82.9 billion. None of this points to a definitive or required, new IQD rate. In fact, they don't have to meet their budget at all and have survived for 9 years with the IQD at a tenth of a cent, using the USD as their primary currency (although that will change and a convertible currency is necessary for Iraq to join the WTO). [post 1 of 7...stay tuned!]
7-9-2012 Newshound Guru Doc we maintain Maliki is using the RV as a pawn to get what he wants like chapter 7 release, HCl to his benefit and a favorable power sharing arrangement. We just don't see the RV happening until we see issues like Ebril, HCl and chapter 7 clearly as Maliki wants them. The saving grace is Shabibi and everyone else appears to be running out of patience with the political games being played. [post 2 of 3...stay tuned!]
7-9-2012 Intel/Newshound Guru Poppy3 ALL predictions on rate, national conference and schedule for any of this is pure speculation at this point. I talked...with SS friend and he said they have no schedule or agenda yet for the beginning of parliment. SEEMS they are being kept in the dark also at this point. IT is...unusual for them to at least not have a tentative schedule and brief outline of proposed agenda. They were supposed to start in the morning...Time will tell but Maliki has not budged on implimentation of anything. My feeling is this week will show very clearly where we stand on that subject and what they are going to do and how they will do it.
7-9-2012 Newshound/Intel Guru ArizonaHeat im hearing conflicting information, still trying to get to the bottom of it, but it seems (SEEMS) we are getting very close.
7-9-2012 Newshound Guru Med THE CBI SIDE IS VERY CALM AND ORGANIZED AND ON COURSE AND I AM VERY COMFORTABLE WITH THIS SITUATION, VERY. YOU CAN TELL THAT THE RATE CHANGE IS COMING UP. IT IS...SO SATISFYING TO KNOW THAT THIS IS THE LAST YR I HAVE TO THINK ABOUT IRAQ OR MALIKI OR THE NATIONAL ALLIANCE CORRUPTION AND FRAUD.
7-9-2012 Newshound Guru Doc We continue to be amazed at the politics in Iraq. Then again they had the US to model after for many years. We are basically at the same point we were about 3 months ago. What we maintain we are seeing is Shabibi once again making a lot of noise the CBI is ready to implement currency reform and to counter that the GOI is saying please delay. In fact it was reported "Central Bank Governor Sinan Al-Shabibi met with Prime Minister Nuri al-Maliki and spoke about the wait to switch currency and delete the zeros and the money supply." This is exactly what happened in April. As we speculated then and we continue now that the GOI simply has not got its act together. [post 1 of 3...stay tuned!]
7-9-2012 Newshound/Intel Guru BGG Al-Iraqiya has nominated numerous candidates and Maliki has shot them all down (in the past). Now Maliki’s bunch are making noise like they want to get these candidates in place and no one is buying their sincerity. They are out for “scalps”. This is likely one of the pivotal issue that must get solved for Maliki to remain. As I have said the last few days – looks like the alliance is much stronger than they were letting on. Here are some interesting headlines, "Announcement Of Candidates For Defense & Interior Ministries Next WEEK." Very interesting comments by Maliki’s group – my guess is they are too late...should Maliki decide to “roll the dice” in Parliament, we’re still a little ways off.
7-9-2012 Intel Guru Blaino The work week in the sandbox has RESUMED. I am informed that these last two ministers are now subject to some kind of ISSUE. They may have been "place holders". There is some small movement on 'candidates' and selections, ETC. Thing is this a sham to "go public" with the two that are already ensconced or a genuine effort to install a new pair? If it's the latter, then this may be a reflection of political underpinnings being changed over a shift in real power vs. perceived POWER. Could this be the precursor to the arbil agreement getting some teeth?
7-7-2012 Intel/Newshound Guru Poppy3 More and more articles addressing the change in the dinar. My prediction at this stage is that if we see Maliki implement all the Arbil agreements prior to the 10th when Parliament goes back in session then we will see a RV just after Ramadan OR AROUND SEPT 1 but if they go into the Parliament session and he has done nothing then I think they will no confidence vote him out and if this happen and the have to put a interim PM in place. Then it will be late in September before the RV will be possible. ONLY TIME WILL TELL.
7-7-2012 Newshound/Intel Guru Randy Koonce Smart cards have zero to do with the RV. We are still looking for the National Conference...once you see that, start getting really happy. They won't announce the RV at the National meeting, they will announce the Ministers & the Stratigic Council. Once those are in place we are done...the middle of July is what we are focusing on. If we go into Ramadan, we are still OK. Ramadan is a holiday, but a working holiday. Rate - $3.41, this will make their budget work. Every indication is this is our time.
7-7-2012 Newshound Guru Vic1 We are in a stage of completion! Understand...I know many are weary...tired and fed-up!!! Not my fault or anyones fault! These are money plays...far higher than most of our pay scale! My friends in China and UK are all over this like flies on...you know what! The Markets are in a VERY "WIERD" formation! Please take "NOTICE"...we are about to have "FINANCIAL...FREEDOM"!
7-7-2012 Newshound/Intel Guru BGG if Allawi is the one who questions Maliki it won’t be meant as a “procedure” – but a slap in the face...more likely the actually questioner will be Haider Mulla (a lawyer). Depending on which guy they use – it will be a perfect “tell” as to their final intentions.
7-7-2012 Newshound Guru Mike this Oil & Gas Law...it is now front and center...it now has to go forward...I contend that Shabibi needs to know whether or not his contracts that are signed are going to be legal and constitutional...they need to...make sure these oil contracts that they have signed, 45 of them, are going to be legal and that is what they are fighting about in this whole thing. it is my opinion this is probably all part of what they are negotiating on to get these meetings done...nice to see that these things are on the agenda...it means things are moving forward...Very Very major step.
7-7-2012 Newshound/Intel Guru BGG Until some sort of power sharing is sorted out in Iraq there will be no revaluation of the IQD. Any rumor of a rate being much higher than $3.50 is unrealistic.
7-7-2012 Newshound Guru SWFloridaGuy I really do think there is plenty of positive things we should be focusing on right now. I do believe this investment is solid and there's plenty of reason to be optimistic about the future. The rest is just a distraction.
7-7-2012 Newshound Guru Arthur [new Guru] The fact that they are putting their investment laws in place and the fact that these huge companies are going to do business with Iraq right now it bodes 100% well not only for our investment but where we are...our investment has bite and backing...very exciting and shows us we are in a very good place.
7-6-2012 Newshound Guru Doc We continue to be amazed that the rate debate continues. $3+ is not anywhere in the 2012 budget as some have reported. $3+ has never been the plan at least as the initial rate. This has been confirmed time and time again by statements from the CBI and the SIGR. Most get these high rates from statements like "the Iraq dinar will be the highest currency in the region". Do we believe that is the ultimate plan - absolutley! But that is the ultimate plan as was evidenced in the 2008 5 year plan which indicated the initial rate would be about $1, the rate 2-3 years out would be $3-$4, and the rate 5 years out would be $5+. This whole rate estimate was based on increased GDP over a 5 year time period. All evidence continues to point toward an initial rate of around $1. We report, you decide
7-6-2012 Newshound Guru Mike We are seeing contracts that they are starting to be signed in dinars to smaller companies that are willing to come over and sign them in dinar. We are starting to see what we need to see with the banking sector coming on line and with the banks being the centerpiece of loaning money and making sure they can do that properly, once these regulations are in place the banking system will need to have fuel and that fuel is the RV.
7-6-2012 Newshound/Intel Guru Arizona Heat there are some serious meetings going on that are directly related to this rv with the people in charge of such things, like the BIS, the IMF, the WBO, and the countries that are involved in revaluing thier currency are adjusting their currency. Shabibi has been in the news a lot in the last days and not iraqi news, he has been on talk shows in the EU and here, he is also wanting this situation to be over...THIS IS HAPPENING...it can not be stopped.
7-6-2012 Intel Guru Footforward Even if we get into ramadan its not a problem. Iraq did all they needed to do a long time ago. This is not going to be held up for ramadan. i thought it would have been done already. i take this day by day. im not expecting this to take weeks or months, but we have all been wrong every time about the date so far...its close enough that this can go any time, and they have tried to push it through several times.
7-6-2012 Intel Guru Bluwolf NO HOLD UPS JUST BUYING OF POLITICAL TIME...FORGET RAMADON IT IS OUT OF IRAQS HANDS, NO RELATION.
7-6-2012 Intel Guru Hammerman ust had a late afternoon meeting yesterday...all i can share is went well very well, also was a meeting between ust, cbi, world bank, also went well. shabibi did give the go ahead to move forward with the rv...china needs to get this done they can not afford the hidden rv bill any longer. ALOT OF GREAT STUFF IN OUR FAVOR, I CANT FIND ANY NEGATIVE...just got...news...dont not expect rv before the 10th...wont happen on a week end or a monday.
7-6-2012 Newshound Guru Kaperoni There is a clear plan for the dinar and it is slowly coming to light. If all goes well, everyone will know the plan, and what is happening within a few months. The national media attention will tell the world the rest of the story.
7-6-2012 Newshound Guru Doc Other encouraging news talked about HCl being voted on within two months although a later article said it would not happen due to "political instability." We continue to believe this is the one root of all issues problem and once it is resolved these other issues will fall rapidly into place. We also saw several articles stating chapter 7 would be resolved by the end of the year. What is interesting is the convergence of the dates being reported in the media. HCl within 2 months, chapter 7 by end of year, new currency by Jan 1, 2013, etc.. It appears to us the current line of thinking is to have everything in place going into 2013. And again to allow for any significant dedollarization the RV would need to be prior to that. [post 2 of 3...stay tuned!]
7-6-2012 Newshound Guru Mike Have you ever seen the Finance Commitee this positive about this particular event since you have been in this investment. Actually the Finance Committee is one of the entities I have been waiting on to get to this point...they were the one kinda lagging behind...even to the point where I was wondering if is was going to happen and if it did they would maybe have to go around the Finance Commitee but they are now blowing a horn just as loud if not louder than the Central Bank...This is a good omen for us...to actually delete the zeroes and raise the currency rate in Iraq after so many years is a major deal and I think the Finance Commitee just wants to be on board and let the citizens know Yes we were all of part of this too and we are on board and this is going to happen.
7-6-2012 Newshound/Intel Guru Arizona Heat i found out that smart cards have been issued just not activated yet...they are to be activated by sept. ...the new currency and the old WILL work side by side for 18 months, has no bearing on our value here in the US. the rumors of cash out are just that...NO ONE cashed out. I was advised that when this RV happens it will be world wide in seconds not days, we will all see the same rate...also, this second to second watch...to me saying we are on a second to second watch is just misleading, keep grounded, dont buy into the hype...but we are gaining serious ground. [post 2 of 3...stay tuned!]
7-6-2012 Newshound Guru Mailman17 THEY...STATED THE OLD NOTES WOULD CO EXIST FOR UP TO 2 YEARS. THEY ARE NOT WORRIED SO MUCH ABOUT THE BIG NOTES, THIS MIGHT BE AIMED AT THE LOWER DENOMS. SHABS ALREADY HAS [SAID] BOTH WILL HAVE THE SAME VALUE UNTIL THE ENTIRE SET OF 14 IS RETIRED AND THIS IS WHY I STILL THINK THE RV IS JUST WITHIN REACH.
7-6-2012 Intel Guru BOBGETZ6 Many say that the rv is out of Iraq's hands, I think not. There are one, if not two things, which are true. There is still something, which is left to be done in Iraq and or the PTB are holding this up for fianancial and or political reasons. I do not believe that a country's currency revaluation is ever totally out of their hands. There has been a struggle between the good and bad PTB and the good has been winning that struggle. I also believe that we are close, but the mystery hides in one, if not both situations.
7-6-2012 Newshound Guru Doc This week has brought a wealth of articles dealing with the deletion of zeros projects. The vast majority point to the first of the year as the intended time of release of the new currency. Only one article we have seen so far said the Finance Committee had now requested further study. With the vast majority of the news pointing to Jan 1, 2013 we conclude this is the current plan. This aligns very well with statements from Shabibi concerning the 2013 budget and banking transactions being based on the new currency. The curious question is when does he pull the trigger on the RV piece and we still maintain it will be before the first of the year. Several statements and articles have indicated a 3 to 6 month time to dedollarize and our opinion is September to October timing would seems to fit this model. Much beyond this time will not allow for significant dedollarization. [post 1 of 3...stay tuned!]
7-6-2012 Newshound/Intel Guru Arizona Heat I received info from Washington that there is movement on the Iraq 7 situation, still trying to confirm, but its great news...more info was that the imf and the CBI along with the BIS were in meetings yesterday...seems that there was positive direction taken with the development of iraq and business that are looking to start in Iraq, they are waiting, or were waiting because of currency issues. [post 1 of 3...stay tuned!]
7-6-2012 Intel Guru Okie_Oil_Man [via Sambo] I HAVE TALKED WITH OKIE THIS MORNING...HE...IS ALIVE AND WELL BUT EXHAUSTED - 3 PHONES RINGING ALMOST CONSTANTLY, WHICH ONE TO ANSWER - I SAID THE ONE WITH THE RV - HE LAUGHED. HE IS DIGGING OUT INTEL ON DETAILS - HE HAS SO MUCH HE WANTS TO REVEAL BUT IS UNDER OBLIGATION TO NOT SHARE AT THIS TIME (AND NO HE DID NOT TELL ME EITHER). THIS IS A GREAT DAY FOR INTEL - OKIE WILL BE HERE WHEN HE IS RELEASED TO SHARE - BE IT A LITTLE OR A LOT.
7-6-2012 Intel/Newshound Guru Poppy3 it is going to be a great day. I am expecting a blessing and my expectors are turned on...That guy i just saw in the mirror has a big smile on his face...today would be a awesome day to hear about the rv happening and all the Iraq people dancing in the streets and thanking their leadership. The sources all still saying nothing has changed the fact they all have been told the dong is about to go at any moment and they don't understand why it hasn't...because they all recieved notice day before yesterday to expect it over the next 48 hours, which ended today.
7-6-2012 Newshound/Intel Guru BGG Najafi (Speaker of the Parliament) put off any possibility of an interrogation of Maliki in the Parliament until after July 10th (at least) and the swirl of news about various deals being worked in the background – it does look encouraging. One has to wonder – why hasn’t Maliki just gone and implemented all the agreements he made?? That should stave off the “no confidence vote” – and it would. However, there are a couple of things that he’s still angling for. If, in fact, he fully implements the Erbil – and this is a mighty big “IF”...he’s worried about what they will do to him afterwards. He’s also looking for something of a “face saving” situation and the possibility of a 3rd term.
7-6-2012 Intel Guru Bluwolf THIS IS A VERY ORQUESTRATED EVENT AND TIME BUYING FOR POLITICAL PURPOSES IS THE LAW OF THE LAND...HOPEFULLY THE PRESURE IS ON AND IT WILL STOP IMMEDIATELY...WE ARE IN A SECOND BY SECOND COUNTDOWN, THERE ARE NO DELAYS, NO GLITCHES AND ANYTHING THAT COMES OUT OF IRAQ AS NEWS IS JUST SMOKE.
7-6-2012 Newshound Guru Bondlady why would u go to this extremes to make sure no 1 could counterfit a currency with a rate of 1166...36 new security features...36 security features is it over kill?...or do u smell what the rocks cookin... they are surely setting this all up to go international and they are setting it up to become a great world reserve currency, very telling for sure.
7-6-2012 Newshound Guru Mike an RV will cause them to use money like we do - that is where they are heading to...we don't know exactly when but we feel it is just a matter of time before this is implemented into action and we are in that period of time and it is very exciting to see.
*** BREAKING NEWS *** 7-4-2012 If there was any doubt about a CBI project to change the currency...that debate is officially over, done, FINISHED...Parliament is behind the project 100%--in fact they claim THEY are issuing the new currency! They're shooting for the date 1-1-2013! Below are a few FANTASTIC article titles from late yesterday and today (If you're into that sort of PROOF).
- After thorough study and detail; Finance Committee confirms deletion of zeros from the Iraqi currency will be early next year
- Finance Committee discloses it will be issuing large segments of the Iraqi currency in 50, 100, 200)
- Parliamentary Finance: 2013 budget will reflect the new currency after deleting three zeros
- CBI: New currency to be put in circulation most likely Jan 1, 2013
- Finance Committee: The next budget will be free of zeros
- Parliamentary Finance: budget 2013 will be the new currency after deleting three zeros
- CBI set a date early next year to launch the new currency
There are still a few questions unanswered...
- Will the exchange rate change BEFORE January 1 2013? (many gurus have predictions on this)
- Is "remove the zeros" a LOP or will the notes you hold be worth MORE, The same, or less?
To help you answer both of these questions and to celebrate INDEPENDENCE day and the awesome news out of Iraq...I'm giving you the Lop vs. RV Report today. Click Here--You can get it here, you'll be glad you did...
*** THOUSANDS have already downloaded this super informative special report...Get your copy of the LOP vs. RV Debate Special Report here and now... ***
7-5-2012 Intel Guru Footforward [Question - do ya still believe it will come in as double digits?] YES...THE RATE IS GOING TO BE GREAT!...alot going on and the fact that public media is saying things now should be a sign
7-5-2012 Intel Guru Soonerfan62 THE INTEL TODAY HAS BEEN OVERWHELMING AND ALL GOOD.
7-5-2012 Newshound Guru Bondlady [article quote] "We are forced to vote on the law during the next two months, the law technically written in 2007 and did not see the legislative light to now”... thought that was good and funny all at the same time...they dont like to be forced to do crap or move more than a snails pace...they do need a reality ck and catch up with the rest of the world.
7-5-2012 Intel Guru Bluwolf CNN was talking about US taxes being paid on the dinar? WOW! ... I CAN SEE THAT THE MEDIA IS OPENING UP A CAN OF SARDINES, THE POWERS THAT BE ARE PUSHING THIS ISSUE TO FLUCTUATE, IT HAS TO BE OVER SOON, IF THE 312,000,000 AMERICANS THAT HAVE NOT BOUGHT THE DINAR FIND OUT ABOUT IT WE SHALL HAVE HAVOC IN THE LAND OF THE FREE...NO MORE BUYING OF TIME. THE CLOCK IS NOW SOUNDING TIC TOC TIC TOC SECOND BY SECOND.
7-5-2012 Newshound Guru Med WE WERE DISCUSSING...OPTIONS FOR CBI, WILL MALIKI GIVE THE RATE PRIOR TO THE BUDGET. I WOULD THINK HE HAS TO. OTHERWISE HOW DO THEY ADJUST IT. WE ALL KNOW THAT THE USD VALUE WONT CHANGE BUT THE IQD VALUES WILL. THEY WILL BE MORE ONE TO ONE. SO IF THEY WERE SERIOUS LAST YR IN THE DRAFT BUDGET AND IT IS THE SAME FOR 2013, THEN IT WILL BE 1.17 DINAR = 1 USD.
7-5-2012 Newshound Guru Mike Shabibi knows his currency will be the most powerful currency on the face of the planet as soon as they do whatever they have to do - once they have the most powerful currency they need their people to know it is powerful. They are being educated gradually thru the news - This will be gradual and spontaneous, at the same time remove the zeroes from the streets of Iraq...We will see this happen very soon...all the articles climaxing to something we will all see very soon...when...that is the question. But we feel very very close.
7-5-2012 Newshound Guru Vic1 ALL IS JUST FINE ON THE DINAR FRONT!!! MORE GREAT ARTICLES TO PROVE WE ARE NANO SECONDS FROM THIS ROLLING IN!!! :)
7-5-2012 Newshound Guru Bondlady they talk about goin international and wanting to be a world reserve currency...there not gonna do it at 1166 and thats a fact...this isnt gonna happen...they will have to drastically reduce the size of notes in circulation, introduce the ld’s with a new rate.
7-5-2012 Intel Guru Bluwolf WE ARE STILL IN THE BEST POSITION POSSIBLE, NO CHANGES AND NO DELAYS, NO NEWS OR INTEL AND THIS IS A FACT, BUT WE STILL ARE WAITING ON THE PHONE CALLS.
7-5-2012 Newshound Guru SWFloridaGuy There were a couple of interesting articles released today. The Energy Commission confirmed the enactment of the HCL during the next two months and the Foreign Minister made a statement about the possibility of Iraq exiting Chapter 7 by the end of the year.... When Iraq fulfills all obligations and comes to a final agreement with Kuwait, then it's up to the UNSC...Of course this process could always be accelerated due to private negotiations between Iraq, Kuwait and the UN. It just as easily could be postponed indefinitely.
7-5-2012 Newshound Guru Kaperoni The Council of Ministers have now approved the project during a meeting with Shabibi and the CBI to move forward. Now all players on board. That is HUGE. They still need to pass the law and read it into the gazette...The initial rate of 1 to 1 is the staging strategy and from there they will let the market drive it up. The initial rate of 1 to 1 will come out in September and will give Shabibi a few months to initiate the bank accounts and prepare for the new currency in January. The dinar sold out of country will stay out of country and ultimately it will be a hard currency. The IQD will be internationally traded but Shabibi will control the rate. It will be a managed float...The rate change must happen before September, if the dinar is going to be internationally recognized and traded between the banks. I hope everyone understands how very close we are.
7-5-2012 Newshound Guru Breitling Unbelievable news coming out confirming they are going to raise value of currency...Every time Shabibi mentioned this...Maliki would ask for a study...now the GOI is on board...this is going to happen no matter what...I don't know exactly how this is going to play out or what the rate will be...I have not seen anything negative yet...Kick back and relax! [Ghosts in the server deleted this post yesterday??? But wanted to get it to you...]
7-5-2012 Newshound Guru Kaperoni we have never seen as many articles coming out relating to the currency. The new currency comes out after they change the exchange rate. So, this event will occur in the very near future. I'm going out on a limb and saying 90 days or less...There's going to be a period of time where the rate changes and Shabibi will use that time to get citizens to utilize the banks. Large denoms will not be accepted at a merchant level. Iraqis will have to turn large notes into the banks where it will be dealt with electronically and the paper notes removed from circulation. The large notes will retain their value. Iraqi citizens will gain a bank account and buying power. We believe Shabibi already has removed a large portion from circulation. Initially the exchange rate will be 1 to 1 or possibly .86 cents and then from there it will continue to raise over time. [post 1 of 2...stay tuned!]
7-5-2012 Newshound Guru Mailman17 WE SEE THEY PLAN ON GETTING THE NEW BILLS OUT BY THE NEW YEAR WE ALSO SEE THEY WANT...THE NEW RATE IN THE NEW BUDGET, THAT BEING THE 2013. ALL GOOD NEWS, NOW WHAT STOPS SHABS FROM RELEASING THE RATE PRIOR TO THAT? THE NEW BILLS? THE RV IS NOT SOLELY RELIABLE ON THE INTRODUCTION OF THE NEW NOTES THE OLD ONES WILL DO JUST FINE...WHOS TO SAY THAT THEY DONT INTEND TO RELEASE EARLY ALSO? INSTEAD OF JAN 1...EVEN KNOWING THE NEW NOTES MAY BE 6 MONTHS OR SOONER AWAY, FOLLOW SHABS HE IS THE KEY.
7-5-2012 Newshound Guru Mike when we say things are getting processed and going thru...it does not mean the RV is immenent...it means the process and the next steps are finishing up...we finish up one step...we get excited about that step because that means we are one step closer to the end of this process...Neither I nor anybody else knows when this is going to happen but we are following these steps...the things that need to take place before they can officially go forward and we are excited because those steps are getting fulfilled.
7-4-2012 Intel Guru Poppy3 The only facts about a rate that has been internationally approved and published says $3.22 to $3.86 by and from the IMF the only official word ever stated internationally. I have ...new information today and have changed my outlook on the timing of our RV. My new feeling on timing is that if the dinar doesnt rv prior to Ramadon we will not see it before sept. 15th. At the earliest. And then only if there have been confirmed and documented restriction on Maliki's postion.
7-4-2012 Intel Guru Bluwolf IMO I CANNOT BELIEVE OR EVEN THINK OF THE WHY THIS THING HAS NOT POP IN AS OF YET. ALL I DO KNOW IS THAT THOSE THAT WERE BUYING TIME HAVE BEEN TOLD THAT THEY DO NOT ANYMORE TO SPARE. ITS ALREADY IN OUR BANKS AND ALL WORLD WIDE SYSTEM...ALL IS DONE AND WE ARE JUST WAITING...FOR OUR PHONE CALL.
7-4-2012 Intel Guru Hammerman all my sources say there is 0% chance of this going past nov 16, that is shabies last day in office...every one also says very very soon.
7-4-2012 Newshound Guru Mike We are seeing the finalized plans for the banks becoming the place to exchange...The Banking system will be the #1 place where people will transact business...and all the economies will evolve around the banking system as it was set up in the Future of Iraq Project. They are not doing this because they are going to have a worthless currency...Saleh told us we are already in the middle of the project to delete the zeroes...that there will not be a decrease in value - there will be an increase in purchasing power and that they are very confident they can come into the international world with a solid currency.
7-4-2012 Newshound Guru Med THE TIMELINE IS NOT LONG, AT WORST IT IS DECEMBER, THAT IS WHAT, LESS THAN 6. HELL SINCE 09 THEY HAVE BEEN PULLING BACK DINAR AND THERE IS STILL 35 TRILLION OUT THERE.
7-4-2012 Intel Guru Footforward I DON’T BELIEVE IN THIS 3 OR 5 TIER CASH OUT THING, AND I DON’T THINK IT’S GOING TO GO IN BATCHES. THAT WOULD CAUSE A LOT OF PROBLEMS. IT...ALL NEEDS TO GO AT THE SAME TIME, IMO. I’M NOT STICKING TO ANY OTHER TIME LINE THAN NOW. THE WHOLE FINANCIAL SYSTEM IS GOING TO COLLAPSE AS IT IS RIGHT NOW. IF NOTHING IS DONE, THE EURO WILL FOR SURE CRASH BY SEP. THE USD WON’T BE FAR BEHIND THAT. SO SOMETHING HAS TO GIVE.
7-4-2012 Intel Guru DinarWishes Lets just say INDEPENDENCE is is a WONDERFUL thing...I really wish I could say more...But, Im a Happy Man!!! Be patient and know the times they are a-changin...no HYPE.
7-4-2012 Intel Guru Studley DO NOT UNDER ANY CIRCUMSTANCES WANT TO SEE US LOOSE OUR MONEY, AND THE SYSTEM HAS TO BE COMPLETELY SAFE. SECOND, THEY ARE STILL TAKING CERTAIN KEY INDIVIDUALS OUT OF THE WAY. ANOTHER IMPORTANT POINT: IRAQ HAS METICULOUSLY TAKEN THE LARGE DENOMS OFF THE STREET, THE HIGHEST BILL ON THE STREET IS 500 DINARS, WHICH AT THIS RATE IS 42 CENTS, IRAQ NEEDS A MONEY SUPPLY AND FAST. ALSO, THE WORLD NEEDS CAPITAL INFUSION IMMEDIATELY, THIS IS A TIMING ISSUE, AND DON'T FORGET, THERE ARE MANY PEOPLE THAT HAVE TO BE TAKEN DOWN AROUND THE WORLD. IT IS VERY IMPORTANT TO UNDERSTAND THAT THIS IS A COMPLEX PROCESS AND TAKES TIME.
7-4-2012 Intel Guru Bluwolf FOR ALL THOSE WAITNG FOR THIS INTERNATIONAL RELEASE,THOSE THAT WERE BUYING TIME CAN NO LONGER, BOTH ALL OF US AND THE BANKS ARE IN A SECOND TO SECOND WATCH...WE ARE STILL LOOKING GOOD THERE IS NO NEGATIVE NEWS WHAT SO EVER, SO WE ARE GOOD TO GO AT ANYTIME.
7-3-20212 Intel Guru Okie_Oil_Man i have been very involved the last few day's acquiring intel. While it remain's confidential--i can say safely this is the best time in our entire lives and the next couple of day's will prove that. We have been promised so many times before that we were there or close or soon but this time it is real and not memorex. This is the end of the trail that we have been on for so long. This week look's marvelous darling (remember green acres and eva gabor?) she said it best then and it is more applicable today than then.--just hold on--this week will be our week. Big meeting's today between the P.T.B. All confirmed this process coming to an end.--i can't elaborate more because of the confidentiality factor of which i am bound.
7-3-2012 Intel Guru Hammerman ALL INFO I GOT IS REALLY GOOD...OUR DEAL IS ALOT CLOSER, SO BE HAPPY AN SMILE...INTEL IS PRETTY MUCH OVER...WE ARE JUST WAITING FOR A RV.
7-3-2012 Newshound Guru Mike Shabs is doing this in stages...in steps...we love to see stages of things because each progression is all a part of the project to delete the 3 zeroes...any bank not strictly following the rules or procedures will be closed because Shabibi is not going to deal with it...he is a very intelligent economist..he knows he gets one chance to make this thing right. Shabibi, the briliant economist that he is, is getting a tight reign on all of this - auditing all of this so they can keep a managed situation once they raise the 3 zeroes and change their exchange rate to better accommodate their citizens. All of these steps we are seeing are steps to the RV and should get us all cautiously excited that we are there - we are seeing what they are doing to convert their currency over to a better rate.
7-3-2012 Newshound Guru Med THINGS ARE LOOKING DAMN
GOOD DESPITE THE BS GOING ON WITH THE POLITICIANS. THINGS LOOK VERY VERY GOOD. THERE IS NOT A SPECIFIC COUNTDOWN BUT CBI IS TRYING TO SET ONE UP. BREAKING NEWS...FINANCE HAS CONFIRMED THAT THE ZERO'S WILL BE DELETED FROM THE CURRENCY AND ISSUED IN EARLY 2013...WE ALL KNOW THE DATE ...1/1/2013.
7-3-2012 Newshound Guru Doc Our goal is to not give false hope but to report as actual information from confirmable public sources as we can. Unfortunately this information does not support a near term RV. The overlying issue continues to be political instability. Report after report both inside and outside Iraq continue to focus on this issue as THE issue preventing Iraq from moving forward. With the current political status it is highly unlikely we will see any RV in the near term. The saving grace (or hope) is it appears Shabibi is now pushing for the 2013 budget to come out early. We know he wants the dinar in place by 2013 and have all financial systems dealing primarily with dinar and not dollars by then. If you consider the timing by end of year we would concur it will happen in near term. We report, you decide.
7-2-2012 Newshound Guru Mailman17 FROM A PM THAT HELD IT REAL TIGHT, TO A WELL INFORMED AND UINIFIED PARLIAMENT, A PARLIAMENT WE HAVE NEVER SEEN BEFORE AND A PARLIAMENT THAT HAS HAD ENOUGH. WE SHALL SEE...JUST STAY TUNED AND WE TAKE THIS ONE DAY AT A TIME. INFLATION CANNOT HOLD UP TO JAN, FOOD FOR THOUGHT. STAY POSITIVE AND FOLLOW THE NEWS.
7-3-2012 Intel/Newshound Guru Poppy3 Shabibi is the only one in Iraq that has not lied to us. He has laid out what he is going to do and he has done it. He has said that he would not RV until he has a government in place that is going to last. He has said they will have the highest currency in the ME. Kuwait is at about $3.58 or $3.62 somewhere in that range. The rate that the CBI put out that is in their budget is $3.41, so I feel that it will be at least that. Two years ago in October, the IMF approved $3.22 and up to 20% for inflation, so that would be as high as $3.86.
7-3-2012 Newshound/Intel Guru BGG we’re in a good investment with a fantastic upside. Iraq will get to the place where they deal with this “imbalance of power” in their government. They will have to – the UN won’t let them wiggle until they do. End of story.
7-3-2012 Newshound Guru Mike [via emergency stand ins from IQD Team] we have converging storms of politics inside of establishing the government and establishing the banking laws - we are watching them prepare for what we all believe is inevitable in the near future and that is the implementation of most everything they have been talking about. They will implement Erbil, HCL, 140 eventually...I think very soon...we dont know the time frame - they are going to implement the procedures and process to start the deletion of the 3 zeroes...implementation and getting it ready are two different things - they are ready...they are going to implement. ["continued in post 4...stay tuned"]
7-3-2012 Intel Guru Soonerfan62 [new Guru] FORGET IRAQ, FORGET POLITICIAL, FORGET COMPUTOR GLITCHES, FORGET BAD GUYS (THERE STILL ARE SOME) WE ARE AT A POINT WHERE WE SHOULD BE EXCITED THAT THOUSANDS OF PEOPLE THAT HAVE WORKED TO GET THIS RV TO THE POINT OF RELEASE ARE FINISHED. WHY HAVEN'T WE SEEN IT, NO ONE KNOWS. 100% GUARENTEE IT IS HAPPENING.
7-2-2012 Intel Gurus Frank26 & Delta Today on Iraqia TV, the ministry of Health came out with the new budget figures for 2013, which is 7 billion dinar. It is a fact that the 2012 budget is 7 trillion dinar!! Iraq must increase the value of the Dinar so they can go international and gain full membership into the World Trade Organization. The finishing of the 2013 budget is the key. Iraq cannot do anything until they revalue. The Standby agreement with the International Monetary Fund is due to expire on July 23 and to this point in time has not been moved or postponed...the RV can happen anytime.
7-2-2012 Newshound Guru Vic1 HONESTLY, PLEASE BELIEVE ALL IS LOOKING SO PRETTY THAT I REALLY SEE VERY CLEARLY...NO FOG...NO HAZE...SEE THE LINE OF HORIZON VERY CLEAN!!! I SEE THIS HAPPENING AT ANY MOMENT! THE 4TH? HECK, LIKE THEY SAY AT THE OLYMPIC'S, LET THE GAMES BEGIN!!!
7-2-2012 Newshound Guru Mike [via emergency stand ins from IQD Team] the banks have been putting together their plan for a long time...Shabibi...basically has figured out a way to get all this to fruition...now we are at the point in which they need to implement - they said they don't need to pass any laws to get this done in Parliament but there has to be regulations offered by the Council of Ministers...an article today...said the Bank is independent but it is dependent somewhat on the Council of Ministers...they have to publish it in the Gazette...put it out for the people and the government to know that it is implemented. ["continued in post 3...stay tuned"]
7-2-2012 Intel Guru Footforward THERE IS NO BAD NEWS. I KNOW SOME PEOPLE THINK WE ARE BEING TOYED WITH BUT THAT ISN’T THE CASE. WE STILL HAVE EVERY REASON TO EXPECT THIS TO SHOW IN THE NEAR FUTURE. IVE BEEN LOOKING FOR BAD NEWS OR REASONS FOR DELAYS. I DONT HAVE ANY. IF I THOUGHT WE HAD REASON TO BELEIVE WE HAD TO WAIT UNTIL SEPT...OR 2013...I’D TELL YOU, BUT I JUST DONT FEEL THAT WAY. I STILL FEEL WE ARE ASN NOW. IT IS MY OPINION THAT THE DINAR AND VND WILL STILL GO TOGETHER. STILL LOOKING FOR 5-20 CENTS ON THE VND. ALOT OF THINGS TELLING US WE ARE CLOSE.
7-2-2012 Newshound Guru Mailman17 APPARENTLY A MINISTER ANNOUNCED THAT THE REVENUE SHARING MIGHT NOT BE AVAILABLE TO THE PEOPLE TILL JAN 1. YOU WANNA TELL THEM THAT? YOU WANNA TELL SADR THAT? THE KURDS? AND LEST NOT FORGET THAT IT IS ALREADY IN THE BUDGET AND ALLOCATED. REMOVAL OF IT THIS YEAR MUST COME FROM PARLIAMENT NOT SOME **** *** MINISTER WHO HAS NO BRAIN. JUST SAYING. ["continued in post 6...stay tuned"]
7-2-2012 Intel Gurus Frank26 & Delta the Tariff Law is in affect and there will be evidence from articles in the coming days. Iraq has 2 sets of books that they are using. One has the 1166 rate and the second set of books has another rate. Both of these rates are in the 2012 budget. Shabibi has told the GOI, do not use two sets of books anymore! No more hiding the rates! Shabibi told Maliki to get the 2013 budget done which will include the new dinar rate to go international. There is an urgency for Maliki and the GOI to get the 2013 Budget done. Once the 2013 budget is complete, Shabibi can release the rate. The 2013 budget has to contain the new rate. ["continued in post 2...stay tuned"]
7-2-2012 Newshound Guru Mike [via emergency stand ins from IQD Team] This article says they are "putting a joint committee together to schedule the implementation". The most important thing to me that was stipulated there was the implementation of the project to delete the 3 zeroes. Alot of the things we are looking at right now with the government and CBI is the environment to implement and that is the key I believe everybody has to focus on because implementation in Iraq has been a thing not understood...they have not implemented anything yet ..not their laws...they voted on them...they have passed them but they have not been implemented...they have not implemented 140....haven't implemented Erbil...haven't implemented some of the things required to delete the zeroes. ["continued in post 2...stay tuned"]
7-2-2012 Intel Guru Bulldog75 'MANAGED FLOAT' CAN FLUCTUATE ONLY 2% EVERY 90 DAYS; AND A 'DIRTY FLOAT' IS EVERY HOUR, 24/7/365. WHAT FLAVOR DO U WANT? SHABS IS AT THE BAGHDAD MALT SHOP. THE FLOATS ARE READY AND EITHER FLAVOR WILL WORK.
7-2-2012 Intel Guru Blaino There is rumor that vnd happens in hours, SO... In hours we ought to know. Basel iii compliance is spreading across the globe as we read this. I am aware that some people in special places are getting their ears whispered INTO...The forcast is looking GREAT...Highs in the...WELL... Very high, and won't the 4th be a great day! (it will!) the fireworks this year may be historic! Prepare to observe history as we live IT...Read and think! Be well, be at peace and know we are close to fruition!
7-2-012 Newshound/Intel Guru BGG There is virtually no way Maliki can make good on the threat of dissolving Parliament and having early elections. It is almost a “mathematical impossibility”...they will likey start the “interrogaton” of Maliki sometime this coming week (if I don’t miss my guess).
7-2-2012 Newshound Guru Mailman17 FOR THE LONGEST TIME MALIKI WAS ALLOWED TO USE THE CONSTITUTION AS HIS OWN FIELD TRAINING GUIDE. NO MATTER WHAT IT SAID HE COULD EITHER AGREE OR REWRITE IT AS HE WENT ALONG. HE NO LONGER HAS THAT OPTION AND NUJAFI IS THE ONE TO THANK ON THAT ONE. EVERYTIME HE DID SOMETHING TO TRY TO STALL, NUJAFI WAS THERE TELLING HIM...UH OH...CANT DO THAT. WHY NOW AND NOT BEFORE, BECAUSE HIS TIME IS UP. ITS NOW IRAQS TIME AND HE IS A DISPOSABLE ASSET. ["continued in post 5...stay tuned"]
7-1-2012 Intel Guru TerryK MY UST GAL CALLED THIS AFTERNOON WHICH I USUALLY DONT HEAR FROM ON THE WEEKEND. SHE IS STILL TELLING ME THIS IS READY AT ANY TIME PERIOD.
7-1-2012 Newshound Guru Vic1 YOU ALL THINK...MALIKI...IF INNOCENT WOULD GATHER AROUND HIM ...200 SECURITY GUARDS? WHO PAY'S FOR THEM...? THAT IS A SLAP IN THE PARLIAMENT AND THE PEOPLE OF IRAQ'S FACE!!! SO... YOU DO NOT WANT TO COME TO INTERROGATION HEARINGS... OK!!! THEN I GUESS... WILL TRY...YOU IN ABSTENTIA!!! WON'T WE!!!
7-1-2012 Newshound Guru Mailman17 SHABS HAS STATED HE IS READY, DONE. THERE IS NOTHING OUTSIDE A OF PARLIAMENTARY BLESSING THAT IS STOPPING HIM. BUT WE ALSO KNOW HOW ADAMANT HE IS ABOUT GIVING AN RV AS LONG AS MALIKI IS STILL PM. HE MAY NOW BE MORE OR LESS FORCED TO RETHINK THIS ALONG WITH PARLIAMENT BLESSINGS AND BACKING TO RELEASING IT A BIT EARLIER THAN PLANNED AND HOPE THAT PARLIAMENT ASSURES SHABS THAT MALIKI IS NOTHING BUT A FORGONE CONCLUSION AND A FORMED GOVT IS ALMOST THERE...THAT'S WHAT I AM BANKING ON. ["continued in post 4...stay tuned"]
7-1-2012 Newshound Guru Mike We do not know the date...nor the rate...we are looking for steps ahead, piece by piece, little by little...as we move forward...all great news on the CBI side.
7-1-2012 Intel Guru BWM THE NEWS HAS BEEN REALLY GOOD TODAY...EXPECTATIONS AGAIN RUN HIGH, DON'T GET CAUGHT WAITING... BE PREPARING.
7-1-2012 Newshound Guru Vic1 WOW!!! WHAT A ACTION...PACKED WEEK WE'RE COMING INTO!!! WTO... WHAT A BEAUTIFUL ...WORD! YES! IT SEEMS WE ARE KNOCKING ON THE DOOR TO PROSPERITY!!!
7-1-2012 Newshound Guru Mailman17 SHABS ISNT WORRIED ABOUT HIM [MALIKI] AS MUCH AS HIS PLAN. WE JUST HAVE TO SEE HOW FAST THE CBI REACTS AND HOW LONG IT WILL TAKE. LIKE I SAID BEFORE PARLIAMENT WOULD NOT HANG SHABS OUT TO DRY UNLESS THEY BOTH AGREED ON A PLAN B, PLAN A BEING MALIKI ALREADY GONE, BUT HES NOT. SO ON TO PLAN B. ["continued in post 3...stay tuned"]
7-1-2012 Intel Guru BOBGETZ6 I am getting conflicting information from tonight all the way to the end of the week. Not hearing rates anymore. The information is not exactly flowing...That, IMO, is a good sign.
7-1-2012 Newshound Guru Duckyboy We still see the same information coming from Iraq; Maliki is still fighting for his PM-ship. The CBI is still putting out mixed information. It is believed that they are ready to go, but they are still waiting for a STABLE GOI. With a stable GOI, you will have Erbil, with Erbil, you'll have a real HCL and that's it.
7-1-2012 Intel Guru TerryK WELL ONCE AGAIN THE SOURCES HAVE LEAD US ASTRAY. THE MORE THIS GOES ON THE MORE I THINK MY SOURCE IN DC MAYBE RIGHT. THIS IS GOING TO BE A ANNOUNCMENT THAT O MAKES TO GET HIS FOOT BACK IN THE DOOR.
7-1-2012 Newshound Guru Med WE KNOW THIS AS FACT, CBI IS COMPLETELY READY TO REVALUE AND TO ISSUE THE NEW CURRENCY IN JAN, ALL HAS BEEN COMPLETED. ALL THEY NEED TO DO IS START THE COUNTDOWN IN THE OVERALL LONG HAUL. IF IRAQ IS TO BE PRODUCTIVE FOR IT'S PEOPLE ONE OF TWO THINGS HAS TO BE DONE, EITHER TURN IRAQ INTO SOCIAL WELFARE LIKE KUWAIT OR GO TO A FREE MARKET ECONOMY, INVEST IN THE AGRICULTURE...RETURN THE DATE INDUSTRY BACK TO WHAT IT WAS AND GET THE PRIVATE SECTOR MOVING.
7-1-2012 Newshound Guru Mike If there was one issue that the CBI has outstanding it is their auctions and truly I think the only thing that will really help them deal with the auctions is going to be an RV - that will stop the onslaught - because I think you've got Maliki from the political end trying to work against them as a last ditch effort.....the Finance Commitee coming on is putting that nail in his coffin and as you can see he has the political situation to worry about more than the Central Bank.
7-1-2012 Newshound Guru Mailman17 IT SEEMED AWFULLY STRANGE THAT THEY WENT GUNHO AT MALIKI, EVEN BRINGING IN CORRUPTION FILES FROM 2 SOURCES THAT SHOULD HOOSE HIM TIGHT...YET ITS AWFULLY QUIET. IF MALIKI TRIED ANYTHING TO UPSURT THE GOI AND PARLIAMENT IN THEIR CONSTITUTIONAL RIGHT TO REMOVE HIM, THAT WOIULD BE CONSIDERED A DICTATOR MOVE BY THE UN AND US AND THEY WOULD HAVE THE RIGHT TO REMOVE HIM BY FORCE. ["continued in post 2...stay tuned"]
7-1-2012 Newshound Guru Kaperoni The CBI has been dollarizing Iraq for months. We have proof of that in Auctions, articles, videos and even statements from the CBI. In fact, there was an article just the other day, that Saleh said the money supply (in country) was 3 trillion. A very manageable state. As for out of country, that has also been explained by the CBI once again that they want the dinar to not only be a "reserve foreign currency" but a "hard currency" like the dollar. In fact they said, the dinar will be held for by the world’s central banks for a very long time. Which all means that the majority of the dinar out of country (is part of a plan and a controlled leak), is not going to be returned to the CBI. That is direct from the CBI. Therefore, this information is credible and high up the totem pole.
7-1-2012 Newshound Guru Med IF THEY DO NOT GET MALIKI IN FRONT OF PARLIAMENT IN THE NEXT WEEK TO 10 DAYS IT IS ALL OVER TRYING TO GET HIM OUT. HE WILL FINISH HIS TWO YEARS AND ALL THAT MOMENTUM HAVING HIM ON THE ROPES WILL BE FOR NOTHING AND THEN IT WILL BE UP TO SOMEONE ELSE.
7-1-2012 Newshound Guru Mike I got to tell you the banking system is coming on line.... We can see now that the banking system is going to truly be benefitting by all of these agreements that are out there and that we have seen lately...CBI even came out and said don't worry about Ramadan...the exchange rate will remain steady.
7-1-2012 Intel Guru Bluwolf WE HAVE A BLACKOUT IN INFO COMING IN FROM IRAQ...ALL IS SILENCED AND ALL IS GOOD, WE ARE IN THE BEST POSITION EVER...WE ARE FINALLY THERE FOLKS.
6-29-2012 Intel Guru BOBGETZ6 I am hearing a strong possibilty for today late. I am also hearing Tuesday/Wednesday. The sources are all credible, just who is correct, we will see.
6-29-2012 Intel Guru Ghost [Okie_Oil_Man site] GET THE CLUTTER OFF THE RUNWAY OKIE WILL BE LANDING SOON. OKIE REPORTS HE IS ON FINAL APPROACH AND IS IN CONTACT WITH AIR TRAFFIC CONTROL GETTING READY TO SWITCH TO SECONDARY GROUND CONTROL FREQUENCY.
6-29-2012 Newshound Guru Vic1 SHABS WAS TO BE IN LONDON ON 26 AND 27 AT BANKING MEETING! HE WAS NOT! I HAVE TWO FRIENDS THAT WERE, BOTH SAID - NO SHOW! OK, WHERE WAS HE? WHERE HE NEEDED TO BE! IN BAGHDAD! THE 28TH WAS SIGNING OF MAJOR CONTRACTS WITH DEPT. OF COMMERCE OF USA AND MANY FROM EU...STRATEGIC FRAME WORK AGREEMENTS WHICH RELEASED EUROPEAN BANKS FROM FEAR OF SECURITY! WAIT! NOW, RAMADAN BEGINS ON 20TH OF JULY!. TAX AND TARIFFS WERE PUT INTO GAZETTE ON JUNE 1. MALIKI WANTS TO SHUT DOWN RADIO, TV? WHY? BECAUSE SHABIBI GOT HIS WAY, HE NOW HAS POLITICAL STABILITY. I SEE ALL THINGS DONE…BOOM! WE ARE THERE.
6-29-2012 Newshound Guru Mike Maliki knows his days are numbered – the best thing that he can do is negotiate what he needs to do...get this National Meeting Going – appoint the ministers – lets get the Strategic Council set and lets move it along...i’ve always said in these type of situations that it can happen that it just comes up and a few days later you see them standing there announcing their government…thats how close alot of this is...all moving forward – there are NO steps being taken back…and I am so excited about the news.
6-29-2012 Intel Guru FreewayBill The news today is nothing negative...Meetings have taken place to arrange for the ultimate blessing. This is the time to...pray that nothing else pops up to stop this again. We are so close that we can smell the blessing.
6-29-2012 Newshound Guru Mike Tariffs – at this point have been postponed by Maliki – this does not affect the RV in any way shape or form…its not event driven – it basically gives the CBI more time.
6-29-2012 Newshound Guru Phoenix3333 The Committee on Economic Iraqi banking system confirmed that the development of Iraqi banks will contribute to supporting and building Iraq's Economy. The importance of developing the Iraqi banking sector through modern technological systems [is] to boost investment in the country....the development of the banking system is an urgent need for the advancement of the national economy.
6-29-2012 Newshound/Intel Guru BGG Maliki is working overtime - this "media shutdown" is all his doing. The tidalwave of public sentiment has to be slowed down somehow. This is his solution. Is it any wonder Sadr said he was in favor of holding a "televised" National Meeting?? He wants everyone to see what goes on...Maliki, on the other hand - is trying to shut ALL THE PRESS off. I bet some of their staff is hiding out right now...which was Maliki's intention. Strong arm everyone into slowing up a little. He's just a bully. Every day that goes by Maliki puts more nails in his own coffin.
6-29-2012 Newshound Guru SWFloridaGuy We are still waiting on announcements of the Strategic Council and power sharing. Until the interrogation with the Prime Minister is held we won't know which direction they are headed. The best case scenario for us would be they reach a deal on power sharing and the subsequent announcements follow. When we truly have a complete GOI, Erbil implementation and Chapter 7 removal, it will be officially noted in the Iraqi Legal Database and public announcements will follow. That's the only way it will become law. I'm just voicing my opinion which may or may not be correct.
6-29-2012 Newshound Guru Mike They have a plan and they are moving towards the Revaluation of their currency and they are Not trying to hide it as much anymore…they’ve got the Finance Committee on board and that is who they need – they just need some regulations passed for them – they have a plan and they are working it.
6-29-2012 Newshound Guru Med I WENT THROUGH ABOUT 20 ARTICLES...MOST ARE ABOUT MALIKI AND THE INTERROGATION AND THAT THEY FEEL MALIKI IS TRYING TO CREATE A STATE OF EMERGENCYSO HE CAN KEEP FROM HAVING TO BE INTERROGATED. THE INTEGRITY COMMITTEE SAYS THEY HAVE MASS FILES FROM THE PROVINCES ON WIDE SPREAD CORRUPTION AND ARE GOING TO GO AFTER ALL OF THEM. MANY ARE TOP LEVEL POLITICIANS.
6-28-2012 Newshound Guru SWFloridaGuy A year ago the Iraqi government announced ratification of the HCL draft and submitted it to Parliament for approval. The government then introduced some amendments which then were reviewed by the Energy Committee. The Commission on oil and energy decided the draft law of oil and gas had constitutional violations and moved to amend the bill to reach a suitable formula that would be agreed upon between the political blocs. The National Alliance objected to the reading in Parliament and postponed it. The good news is that the parties in Erbil and Najaf announced that are attempting to pass important laws in Parliament now. The main laws they are focusing on are the HCL and General Amnesty. Let's hope they get it done. ["continued in post 3...stay tuned"]
6-28-2012 Intel Guru Hammerman I can confirm 3 tiers of cash: 1st government and high ranking military around 28 dollars; 2nd lower military and any one invited by tier one aprox 12 dollars; these are special negotiated rates not for all; 3rd will be IQD RV rate, speculation is around 3 dollars, no one knows this rate yet; tier 1 and 2 have invitees to make some type of cash in deal over the weekend. Can’t share any more on this then what I have just done. THERE IS TONS OF INTEL OUT THERE. I DO FEEL 23 COUNTRIES RVED ABOUT 15 DAYS AGO. CHINA IS COVERING AT A DAY RATE OF ABOUT 700 BILLION. IMO THIS WILL STAY JUST LIKE IT IS UNTIL CHINA RUNS OUT OF MONEY OR THEY ARE COMPLETLY HAPPY. Remember this: they lose nothing in this process they get it all back.
6-28-2012 Intel Guru Blaino CONDITIONS ARE NOW ESCALATED TO "FAVORABLE" FOR A REVALUATION TO INITIALIZE FROM THE MOMENT OF THIS ANNOUNCEMENT AND GOING FORWARD UNTIL REVALUATION OCCURS OR THIS WARNING IS IS CANCELLED A WARNING IS A TIME DURING WHICH "MOST" CONDITIONS ARE FAVORABLE FOR A REVALUATION TO OCCUR AND THAT OCCURANCE CANNOT BE RULED OUT BEYOND A REASONABLE DOUBT. WE ARE ARRIVED AT THAT PLACE IN THE CHAIN OF EVENTS WHERE A REVALUATION COULD HAPPEN AT ANY TIME.
6-28-2012 Intel Guru Blaino THE "IQD" OR "IRAQI DINAR" IS CURRENTLY RE-APPEARING ON TELLER SCREENS IN MANY AREAS AND ACROSS THE BANKING SECTOR. THIS VERY INFORMATION MAY NOT BE APPARENT TO THE TELLERS THEMSELVES, AND THIS COULD BE A PART OF THE PLAN TO HAVE IT JUST "APPEAR" SORT OF SUDDENLY, SO CALLING YOUR BANK WILL PROBABLY NOT HELP, BUT ONLY DELAY THE NUMBERS AND VALUES BEING RELEASED. ["continued in post 2...stay tuned"]
6-28-2012 Newshound Guru SWFloridaGuy The HCL has not passed and Erbil has not been fully implemented. A power-sharing agreement they brokered in Erbil SHOULD HAVE allowed Allawi’s party to appoint Iraq’s defense minister with Maliki's approval of the candidate. Allawi was SUPPOSED TO have become the head of a new strategic council designed to check Maliki's power but Maliki assumed control over the interior and defense ministries, claiming that Iraq’s precarious security situation required it and maintained that all of Allawi’s proposed candidates were unsuitable. Iraq is not out of Chapter 7 and the ministers are interim not permanent. ["continued in post 2...stay tuned"]
6-28-2012 Newshound Guru Mike Everybody needs to understand that there is not one thing that is going to stop this, start it, its a process...a series of events that go on...This is NOT event driven...tariffs do not have to be in place to have an RV...actually the tariffs NOT happening, happened to help this plan move along...maybe...the tariffs were...an interim step...Its Not a critical event in this whole process...now maybe they can go ahead with the full RV...they are moving at breakneck speed to get things done.
6-28-2012 Newshound Guru Doc Our last hope for the RV by month's end was recently dashed as Parliament is posturing to delay implementation of the tariffs. The simple reason for this is they are not ready. The political instability is literally (in our opinion) the main issue in preventing Iraq from moving forward. This was highlighted in the SIGR report, by the UNSC in its report on Iraq, by Shabibi in implementing currency reform and now internally by members of Parliament. It is preventing release of chapter 7, implementing Ebril, etc...We maintain these issues to be key also from the perspective it will take political stability for these issues to be resolved and political stability is a prerequisite to the RV. Look for signs of stability like Ebril, chapter 7, etc. We report, you decide.
6-28-2012 Intel Guru Ghost [Okie_Oil_Man site] I AM FULLY EXPECTING THE BIG BLACK JET TO LAND LATER THIS AFTERNOON AND OKIE CRAWL OUT OF THE COCKPIT WITH "THE POST" IN HIS HAND'S TO BE DELIVERED TO ALL OF US. OKIE HAS TRIED EVIDENTIALLY UNSUCESFULLY IN THE PAST FOR YOU TO STOP PAYING ATTENTION TO WHAT'S OCCURING IN IRAQ--THE PRICE OF METAL'S--OR THE STOCK MARKET--THESE ARE NOT INDICATOR'S OF ANY INFLUENCE OVER A TIMED (TIMED) GLOBAL EVENT. JUST SIT STILL AND WAIT FOR THE BLACK JET THIS AFTERNOON. LAST REPORT FROM OKIE IS THAT HE IS JUST A FEW HOUR'S FROM LANDING.
6-28-2012 Newshound Guru Adam Montana if they can't RV right away, it's easier to kick the tariff can down the road than to pass it and without the HCL, there will be no RV so it's not likely they will get it done July 1...HCL, then Chapter 7, then RV, then tariff.
6-28-2012 Newshound Guru Mike They have postponed the tariff as far as we can tell. But kinda suprisingly enough the CBI came out 2 days ago saying they were in favor of the tariffs, everything was ready to go and they were moving and just wondering if this isn’t a last ditch effort from Maliki to try to really mess with the CBI. Not that it is [an] important thing. You do NOT need the tariffs in order to have an RV – the tariffs not happening did NOT stop the RV.
6-28-2012 Intel Guru Bluwolf IT [GOI] HAS BEEN IN PLAY FOR MORE THAN 3 YEARS NOW, IT HAS BEEN ANNOUNCED...THE MINISTERS HAVE BEEN IN PLAY FOR MORE THAN 2 YEARS...THE HCL AND EBRIL IS IN PLACE FOR MORE THAN 1 YEAR...CHAPT 7 HAS BEEN LIFTED, UN NOW AWAITS FOR THE OFFICIAL INTERNATIONAL RELEASE TO CLOSE THE ISSUE.
6-28-2012 Newshound Guru Bondlady Salih stressed that the economic power of Iraq's financial and of higher bank reserves and balance of payments surplus of government should be reflected on the strength of Iraqi dinar which in turn will be able to reduce inflation in the country...the only way i can see that happening is they have to set a new rate...we saw what 1170 to 1166, it did NOTHIN really so that dont work just to move it a few pips...so it would have to go a lot better than that if its to curb inflation...when it hits 1000, i think thats when he changes monetary policies, imo, an lets supply an demand drive it up from there.
6-28-2012 Intel Guru Bulldog75 THERE IS A MAJOR [BANKING] ALIGNMENT FORTHCOMING; THEY DO THEIR STUFF USUALLY ON T-W-THURS. I WILL ANSWER EVERYONE'S RATE...QUESTION: DONG ABOVE .01 AND IQD ABOVE 10 BUCKS.
6-28-2012 Newshound Guru Mike the CBI has been ready to go for a long time...they know what they want to do…they have a plan...they are moving forward with that plan. The things we know that they have been telling everybody is the currencies are going to co-exist period of 2 yrs…they will have the same value and a revaluation of some sort to take place with all of this. Sounds like CBI is in control of this process.
6-28-2012 Newshound Guru Adam Montana No RV yet, no talk of Chapter 7 this week, but it looks like the HCL is getting closer and that is a GOOD thing. It's looking more and more like the HCL is the key to moving forward, so that's what I'm keeping an eye on...getting them out of Chapter 7 is going to be a rubber-stamp deal. The important issues are now Erbil and HCL. The rest is just noise and fluff. ["continued in post 5...stay tuned"]
6-27-2012 Newshound Guru Bondlady thru extensive news searches today an yesterday i still have not found anything that says parliment agreed to halt the tarriffs, only the ministers saying they've amended them and want to postpone it, parliment as far as i could tell has not voted on it other than to pass an gazette the original, so lets hang in there till we find proof 1 way or the other or we just wait what 3 days an see?
6-27-2012 Intel Guru Blaino based on intel over the last 24 hours (more like 36 actually) blaino has elevated [our] alert level to 5 and we will stay there until further notice. Major movement expected on saturday thru monday late into tuesday. i have some strong intel from reliable sources that lead me to make this CHANGE...Almost did it on tuesday morning, but decided to wait on additional news and intel. Got it, so i went for it! I will not release the intel to preclude the possibility of any interference or an excuse for delay...there is a LOT...A lot going on behind the scenes.
6-27-2012 Intel Guru Bluwolf I AM OF THE FEELING THAT WE ARE IN A VERY POSITIVE TIMEFRAME AT THE MOMENT, THINGS ARE LOOKING GOOD FROM MY VIEW POINT...I HONESTLY THINK I SHOULD GET MY PHONE CALL VERY SOON...THINGS ARE UNDERWAY AND THAT IS GOOD FOR ALL.
6-27-2012 Intel Guru Footforward there isn't new intel because nothing has changed...we are dealing with the same BS on the same levels that we have been for months...the month isn't over yet and I haven't given any other window lately in terms of specific time frames or dates... I wouldn't say imo the 30th is a "drop dead date". I have trouble calling anything a "drop dead date" ...mostly because I'm kind of gun shy but I have every reason to look between now and the end of the month. LIKE I'VE SAID I KNOW FOR SURE 100% THIS IS GOING TO HAPPEN...I MEAN THERE ISN'T MUCH MORE WE CAN DO OTHER THEN RV RIGHT NOW.
6-27-2012 Newshound Guru Mike “Parliament and Finance committee support REVALUE of Iraqi Dinar"...its about time to have the Finance Committee on board. Its almost like somebody told these peoples if we revalue this currency we are going to have alot of money and then they said okay yeah right…then they rephrased it…when we revalue this currency YOU are going to have alot of money. Oh I get it…almost like the lite bulb is going off.
6-27-2012 Newshound Guru Adam Montana The Council of Ministers approved a bill just yesterday (June 26) to delay the implementation of the tariff law (quote) "until the appropriate conditions allow its application" What does this mean? It means...There is no use in implementing a tariff on poor people. Until the financial situation improves, the tariff issue is dead. Obviously an RV would improve the financial situation! Here's what I think: if they had planned to be ready to raise the value of the dinar by the end of June, then a tariff made sense. Since there were so many delays in the HCL/Erbil issues, they are now postponing it. We do have some more good news on the HCL - it is rumored that they may be making some significant progress on it. ["continued in post 4...stay tuned"]
6-27-2012 Intel Guru DinarWishes Things look really good for this to happen in the near future but to pinpoint it is beyond anyone in the Dinar Community...We look for signs and real data...NOBODY knows the Rate or the Date.
6-27-2012 Newshound/Intel Guru BGG Maliki is in a mad scramble to avoid winding up in front of Parliament. He made big noise about “turning this around on them” – turns out it was big talk is all. The fact of the matter is – Parliament supports the revalue of the currency, they are “chomping at the bit” to do a new Oil and Gas law (their distribution mechanism), and they will remember Maliki when the time comes.
6-27-2012 Intel Guru TerryK i have some juice...treat this as rumor as always. I want to tell you about a little bird from a big bank and i had a short call this morning. Thursday night will be sweet, many countries, i heard +30, are ready to be re- valued...if - this does not pop in the next week, the dong will and this is coming from my banker in nam. Rate will be high / over .50 for the dong, [you can find most Dong info @ www.DongGuru.com] now the dinar i heard today was again over in double digits, but i would not expect more than 8.16...and im sticking to that but treat that as rumor.
6-27-2012 Newshound Guru Mike Educating people about the banking system...Thats the Final stretch...they are getting people interested in getting their money into their banks…telling them what they can do and how we are going to do it. Sounds like they are trying to build a banking system...All very positive developments...very straight forward. You don’t have things like this in place if you are not going to have some sort of value to your currency.
6-27-2012 Newshound Guru Adam Montana They aren't going to announce to the world that they are going to increase the value by X because that would lead to a massive run on the dinar with people buying it, and they won't tell us if they are going to DECREASE the value either because that would lead to a massive DUMP of dinar!...the one thing that remains constant in this speculation is that they CONTINUALLY talk about increasing the value. They never talk about the value going down - only going up. When the value goes up, we make money...so unless you have reason to think the value is going to go DOWN, there's no need to worry about anything - just chill out and wait for the day we get to cash in. ["continued in post 3...stay tuned"]
6-27-2012 Intel Guru Bulldog75 RATS ARE STILL IN THE CORNCRIB: Cyber bank robbers attempt billion-dollar heist, targeting our money. This is a major part of delays. Cyber theft is becoming rampant. INTERNET BANKING IS NO LONGER SAFE. THE WINDOW IS STILL WIDE OPEN. UNDERSTAND, AN RV DELAY HERE ACTUALLY PROTECTS THE BANKS AND US/WE/USA. THIS HAS TO BE REMEDIED FROM WHAT BANKS ARE GRADUALLY REVEALING. CENTRAL AND WORLDWIDE BANKS SIMPLY ARE ON HIGH ALERT DOING ALL THEY CAN DO.
6-27-2012 Newshound Guru Mailman17 WHEN THE DINAR HITS…THE LAST THING THEY NEED IS MALIKI IN ANY FRACTION OF POWER, TOO MANY IRAN INFLUENCES AND SYRIA. THIS IS JUST NOT ABOUT THE VALUE…BUT HOW IT COULD BE DISTRIBUTED, JMO, HENCE THE DEAL OF BRINGING IN THE DINAR FOR US...BY SHABS WITH GUIDANCE FROM THE US AND IMF AND UN.
6-27-2012 Newshound Guru Phoenix3333 "Maliki calls for early elections. The Office of Prime Minister Maliki issued a statement clarifying his comments on the recent House of Representatives and his call for early elections. The prime minister has launched an attack on the House of Representatives, accusing lawmakers of being involved issues of terrorism and fraud...stressing that "Parliament should take its role as the most dangerous power in the country, which is the legislative authority, and there are major irregularities in it, there is abduction of the parliament, and there is silence about these violations," he that "we reject the spelling, and we refuse to enter into the constitutional legitimacy of our institutions, particularly Parliament."
6-27-2012 Newshound Guru Adam Montana So, this week in Dinar we see...No booting of Maliki, not much talk about Chapter 7, but a LOT of discussion about the "deleting the zeros" let's get one thing straight right away. NO MATTER WHAT HAPPENS, at some point the 0's are going to come off. This is true whether they lop, redenominate, revalue, or anything else... what the CBI is telling us is that when they change the money, they are going to issue new notes with less 0's. That is ALL...so you have to take these "delete the 0's" articles with a grain of salt. ["continued in post 2...stay tuned"]
6-27-2012 Newshound/Intel Guru BGG Sadr isn’t backing off the “no confidence” issue. Just that he won’t be directly involved in the interrogation of Maliki. He has plainly promised – if they get 124 votes – his 40 votes are with them (and against Maliki). My bet is Hakim – same. Maliki’s goons keep putting out that the NC vote is going no where – which is just not true. His goose is cooked as of right now. He’s had chance after chance after chance after chance and the point is – he doesn’t want democracy. He wants to be a dictator.
6-26-2012 Newshound Guru Mike we are seeing the CBI...educating the public – trying to get them used to what is going on...when they do RV...they have the ability to believe in them and believe in the currency...lots of pressure to get this economy up and going…and also theres also alot of pressure to get the political side figured out…moving that direction on both sides
6-27-2012 Newshound Guru Mailman17 THE UN AND THE US IS WATCHING THIS VERY CLOSELY…THEY WILL STEP IN IF NEEDED CAUSE NOW MALIKI IS A THREAT BUT THEY WILL ALLOW THIS TO GO ON…THE DEMOCRATIC WAY…TILL ENOUGH IS ENOUGH. THEY ARE STILL UNDER CHAP 7 AND IF MALIKI POSES A THREAT HE WILL BE DEALT WITH, BIDEN IMO…TOLD THEM...YOU DO WHAT YOU HAVE TO…BY THE CONSTITUTION. FOR THE DINAR TO HIT THE MAINSTREAM…TO BE A GLOBAL CURRENCY THE GRAFT HAS TO BE CURTAILED TO A MINIMAL LEVEL.
6-27-2012 Newshound Guru Mailman17 WE ALL KNEW THIS NO VOTE WASNT A WALK IN THE PARK. WE HOPED IT WOULD COME BY THE 15TH...I TRULY THOUGHT THEY WOULD HAVE AT LEAST ERBIL DONE GOING INTO THE 19TH BUT...LIKE ALWAYS...DICTATORS ARE ALWAYS DELAYING THE INEVITABLE. IRAQ WANTS TO MOVE ON, THE WORLD WANTS THEM TO AS WELL, THE ONLY ONE THAT DOESNT IS MALIKI AND IRAN. WE SHALL SEE WHO WINS.
6-26-2012 Intel Guru Jonnywg RV IS AWAITING RELEASE...THERE ARE MANY REASONS TO FEEL THAT THIS IS A TRUE GLOBAL RESET...A LOT WILL HAPPEN AFTER JUNE 30...THE RV WAS SUPPOSEDLY GIVEN AN EXTENSION OF 90 DAYS APRIL 1ST...NOT VERIFIED. NO DELAY NO HOLDUP NO RV...A HIDDEN MYSTERY...ANYTHING IS POSSIBLE IN THIS STORY. AT THIS TIME THE HIGH RATE CHANGES WITH THE WIND...BE THANKFUL FOR THE RV. TERMS OF RV ARE NOT RELEASED...BUT THE EVENT HAPPENED 2 WEEKS AGO THIS THURSDAY.
6-26-2012 Intel Guru Footforward iraq did all they need to do...the rv is totally ready to go and is basiclly done with the exception of us seeing it.
6-26-2012 Newshound/Intel Guru BGG "Parliament and Fiance committee support revalue of Iraqi Dinar." The “raising of the 3 zero’s ” just means they will be taking those notes out of circulation – like we did the $10,000 note here in the US. That is all. They are basically going to buy them out of the marketplace...It says “the process of removing the zeros from the Iraqi Dinar will be implemented over a period of two years” – I don’t see anything about Jan 2013.
6-26-2012 Newshound Guru Med BOO KOO ARTICLES ON THE LEGISLATURE SUPPORTING THE REVALUE OF THE IRAQI DINAR...NOW THE DATE FOR PRINT IS SET FOR SEPTEMBER...KNOWING OR BELIEVING WHAT WAS IN PRINT THAT THE DINAR WILL INCREASE IN VALUE UNTIL THE TIME IT IS SCHEDULED FOR RELEASE. THIS COULD BE STILL AN ANY MOMENT ISSUE THOUGH I AM THINKING SEPT, HOPE I AM WRONG. I AM JUST COORDINATING IT WITH THE PRINT, IT ISNT ANYTHING SCIENTIFIC, BUT IT IS DEFINATELY ON THE DOWNWARD SWING HERE TO GET DONE. I JUST DONT KNOW HOW CLOSE THEY WANT TO TIE IT TO THE NEXT BUDGET, KIND OF HAVE THAT IN THE BACK OF MY MIND.
6-26-2012 Intel Guru BWM RV means to RE value the currency from the previous value to a higher or lower rate (DV would be devalue)... RI means to RE instate currency to a previous value after a certain period...the IMF approves a countries rate of exchange (based on the presented needs of that country for an increase/decrease) which is then implemented through the BIS and posted on the UN operational site.
6-26-2012 Intel Guru Bluwolf WE ARE GOING FORWARD…NOTHING HAS BEEN DOWN GRADED OR HELD UP…JUST BECAUSE YOU HAVE NOT SEEN IT DOES NOT MEAN IT IS NOT HAPPENING AS WE SPEAK...SMOKE IS COMING OUT OF IRAQ RIGHT NOW; ONLY SMOKE. SIMPLE, TARIFFS ARE IN PLACE…IF SO YOU NEED THE REAL VALUE OF YOUR CURRENCY; IT DOES NOT WORK ANY OTHER WAY...BOTTOM LINE WE ARE SECOND TO SECOND..PERIOD!
6-26-2012 Newshound Guru SWFloridaGuy Locally the currency may be exchanged at branches of the Rafidain and Rasheed banks. The Iraqis will have a time limit to deposit all their dinars to facilitate the change into the lower denoms. Iraq is positioning themselves to become economic leaders both regionally and globally and no longer will they be isolated from the international community. Iraq got to where they are today with a lot of help. They received this help, not because they are a charity case, but rather because (like we do) others see Iraq's potential. Therefore in order to profit themselves, they have been willing to offer assistance in the reconstruction, rebuilding the infrastructure and revitalizing the banking sector, thus helping the CBI institute the framework for a functioning monetary policy that achieves stability. Simply put, a revaluation is an upward change in the currency's value and that is what is on the horizon for the Iraqi Dinar!
6-26-2012 Newshound/Intel Guru BGG They will continue proceedings against Maliki. He’s in some trouble and he knows it. What will be a surprise is when the Parliament officials show up at his office one morning requesting his immediate presence before the House...we haven’t seen the last of the “no confidence proceedings”. Things are just now picking up a head of steam in Parliament.
6-26-2012 Newshound Guru SWFloridaGuy FACT: Democratic governments only redenominate in response to hyperinflation. FACT: Authoritarian governments only redenominate in the presence of civil conflict. Neither of these conditions describe Iraq. I believe once the zeros are removed from the IQD the large notes will retain their value. I also believe a rate somewhere on par with the USD is realistic. Anywhere close to equal the USD would make it a historic revaluation. In my opinion this has all been part of a very well-orchestrated plan and the end result will be a very favorable outcome for all parties involved. We will see the removal of the zeros and a simultaneous revaluation of the currency. ["continued in post 4...stay tuned"]
6-26-2012 Intel Guru BWM the news so far today has been very good on our behalf...I don't think there is a massive "coverup" for the RV... it will happen and prolly in relative obscurity.
6-26-2012 Newshound Guru Mike I believe this next Parliament Session will be one of the most productive sessions for the Iraqi Parliament in a long time. We will see laws being passed...being read...being done very quickly - We will see CBI being supported in whatever they need to do and the country trying to move forward. They are at a key critical economic point at this time in their future...they need to establish their economy and to make sure the central Bank is working with the government...They need to add value to this currency. They dont want to wait and do this over a long period of time. They want to become a significant player very quickly.
6-26-2012 Intel Guru Bluwolf IT RV'D MONTHS AGO. THIS IS JUST ITS MOVEMENT THRU ITS BANKING SYSTEM. YES, IT DID RV A WHILE BACK AND NOW WE AWIAT ITS INTERNATIONAL RELEASE. WE HAVE COME ALONG WAY AND WE ARE FINALLY THERE.
6-26-2012 Newshound Guru Enorrste This week should be decisive on the Maliki issue. If so, our RV could be only days away. I'm convinced that Shabibi wants it done either with or right after the Tariff Law goes into affect. I suspect that by the end of this week we should have a pretty clear picture. We've waited this long, so a few more days won't hurt us, right?
6-26-2012 Newshound Guru SWFloridaGuy Many overlook the psychological aspect and simply focus on the economic implications. Establishing their credibility is also a major factor, not only with their own citizens but also with international capital markets. Iraq must revalue their currency if they ever hope to be respected as a borrower and a location for private investment in the eyes of global capital markets. This is NOT going to be a case of redenomination. The Iraqi dinar is not being recalibrated due to years of struggling with hyperinflation. They are one of the wealthiest countries in the world and soon their currency will reflect that. These foreign central banks that have invested so heavily into the reconstruction of Iraq will prosper and Iraq's debts will be paid. ["continued in post 3...stay tuned"]
6-26-2012 Newshound Guru Mike Remember...the key here is that we really do not care who runs their government per se - it needs to be set up with the Strategic Counsel or however they set that up - that needs to be inplace - once that foundation is in place and the 140s are voted on and the rules are voted on then you're there. You've got Parliament changing and saying we need to get these things done for our people.
6-26-2012 Newshound Guru Enorrste I will state that I believe we are very close at this time...while we have speculated on timing now and then, we aren't so bold as to name an actual date. We always keep the door open since the situation is "fluid" and involves a great deal of politics. We are confident, however, that the trigger could be pulled at any moment now. Shabibi is on record that "all preparations are complete and we are only awaiting consensus among parliament and the government to move forward". ["continued in post 2...stay tuned"]
6-26-2012 Intel Guru Bluwolf THERE WAS A TIME WHERE 1.49 WAS A BLESSING,THEN 3.22 WAS A BLESSING, NO WE WILL BE BLESSED WITH DOUBLE DIGITS, JUST WAIT AND ACCEPT THE END NUMBER...I CANNOT SHARE THE RATE NOR THE DATE, OK, I WANT IT DONE SAFELY AND QUICKLY...SO THAT IS WHY WE DO NOT SPEAK..PLEASE UNDERSTAND. IT IS NO LONGER IN IRAQS HANDS. THERE POLITICAL ISSUES ARE OF NO CONCERN FOR THE INTERNATIONAL RELEASE. IRAQ IS JUST WAITING FOR THE INTERNATIONAL RELEASE JUST AS WE.
6-26-2012 Newshound Guru SWFloridaGuy There was an excellent article released. "The Iraqi Parliament and the Finance Committee supports the Central Bank of Iraq (CBI)’s efforts to revalue of the Iraqi Dinar through the removal of three zeros from the currency. The removal of three zeros is expected to raise the value of the Dinar as well as facilitate dealing with the currency and the payroll system in the country." No country has ever accomplished what Iraq is about to. They have reached this stage with a lot of help and I propose this is by design and all part of the ingenious reconstruction plan for Iraq. Economic policy is influenced by international capital markets and also by foreign central banks. This revaluation is how the government of Iraq will reassert monetary sovereignty, dedollarize and and give the citizens confidence in the national currency. ["continued in post 2...stay tuned"]
6-26-2012 Intel Guru DinarWishes Well Peeps things look really great for this to come to a close.
6-26-2012 Intel Guru BWM we are EXCHANGING CURRENCIES... something that happens everyday for travelers going to and from country to country... IF we sold the currencies in our banks AND CURRENCY exchange locations (not collectives exchange locations) then we can safely dictate that unless the currency is declared NON TRADABLE by OUR government then we will continue to exchange the dinar for dollars.
6-26-2012 Intel Guru Hammerman Last night 48 media organizations were closed down in Iraq then an additional 11 were ordered to shut down. They are trying to keep information from getting out. Iraq passed 20 laws, 6 of them were related to the RV over the weekend. 3 more were passed today [Monday]. Also, the CBI put some articles stating that they were doing a test run, 2 day trial period on the smart cards. They also said to prepare for new coins and new bills on the street. The HCL and Erbil were both done on Friday according to my sources. Point blank, it's a finished deal. It's a finished, finished thing. Over done.
6-26-2012 Newshound Guru Mike We have seen articles about Maliki trying to take Najafi out and other things going on. One of the things Maliki did is close 44 news agencies in Iraq. These things are starting to weigh very heavily on all of the political peoples minds...because it is looking alot like Sadam and what a dictator would do - Shut down the news, etc...thats why the news has been very sketchy and crazy lately...We are looking forward to things happening - this could be an exciting next couple of days...be prepared for anything to happen on the government side.
6-25-2012 Intel Guru Blaino Over the last 48hrs I had confirmations from the CBI that this was done on Sunday the 10th. Then the in-fighting came and delayed it. It's happened 4 times since the 10th but they are getting closer.
6-25-2012 Intel Guru Hammerman China is really under the gun to get this done. All documents are signed. The RV is set for a worldwide announcement. I would think they would get this done by Thursday. It doesn't have to be done by Thursday but my contacts told me that 23 countries will RV by Friday and the main ones are Iraq and Vietnam. I can't prove this but it's what my solid sources are telling me. The dong will be in the mid teens with or without Iraq. The dinar will be closer to the RI rate. ["continued in post 2...stay tuned"]
6-25-2012 Intel Guru Bluwolf ALL HAS BEEN QUIET TODAY AND THAT IS GOOD, ISSUES HAVE BEEN TAKEN CARE OF AND WE STILL ARE WAITING FOR WORD FROM OUR SOURCES...ALL HAS BEEN SAID, ALL IS GOOD. THE BUYING OF TIME HAS REACHED IT'S LIMITS. THE JOURNEY WILL BE OVER SOON.
6-25-2012 Intel Guru Okie_Oil_Man THINGS ARE PROGRESSING--NO--NOT AS FAST AS WE WANT BUT WE ARE NOT IN CONTROL OF THE PROCESS AND THERE ARE STILL ISSUES (SECURITY WISE) THAT ARE BEING ADDRESSED AND HANDLED. SECURITY OVER EXPEDIENCE IS OF PRIME NECESSITY. REMEMBER--EVERY DETAIL CANNOT BE SHARED PRESENTLY.
6-25-2012 Intel Guru Footforward SOME PEOPLE ARE SAYING WE WILL HAVE TO GO TO IRAQ TO CASH OUT, OR THAT THE RV WONT HAPPEN AT ALL...I CAN ASSURE YOU 100% THESE THINGS ARE TOTALLY FALSE AND ARE IN NO WAY SHAPE OR FORM TRUE. IM STILL LOOKING FOR THIS ANY TIME. LOOK AT WHATS GOING ON WORLD WIDE. SOMETHING HAS TO GIVE AT SOME POINT.
6-25-2012 Intel Guru BWM let's put the whole "iraq doesn't have to honor the dinar cashin" scheme...first of ALL...UST regulated banks SOLD the dinar...UST regulated banks will BUY the dinar back...SO, that would exhibit the distinct FACT that the U.S. government RECOGNIZES AND HONORS the Iraqi dinar... then you understand that currency OUTSIDE of the ORIGINATING COUNTRY are covered by the COUNTRY HONORING the CURRENCY WITHIN IT'S BOUNDARIES...bilateral or not, the FACT that the U.S. Banks recognize the dinar means they RECOGNIZE THE CURRENCY. ["continued in post 2...stay tuned"]
6-25-2012 Newshound Guru Mike Najafi realized that he has the votes he needs...they had more than ever attend the Parliament session - almost more than in the history of their Parliament...they realized they had est. 176 votes and some people defected In order to go ahead and pull the No-Conf vote with Maliki...we have heard some rumours that the Minister who was in there from the National Alliance may be nominated to go thru but the big thing is the Strategic Council which is where all of the power is going to lie and that is who is going to take the power away from Maliki...This is the power he does NOT want to give up...so there is some speculation in some articles we are reading...They May be willing to go into a National Conference and come out and announce their government very soon.
6-25-2012 Newshound Guru SWFloridaGuy European and Asian countries have shown interest in investing in Iraq. European countries and the Asian desire to invest in Iraq on the sidelines of the Bank for International Settlements, which was attended by Central Bank Governor Shabibi. "The meeting of the BIS has seen several discussions and a file is present in Iraq's economic international discussions" said Shabibi, "The States present at the meeting expressed a significant interest in the economic future of Iraq. The representatives of a number of countries told us that they want a stable Iraq as Secretary so we have areas of good investment."
6-25-2012 Newshound/Intel Guru BGG This is not a bad investment, this is a once in a lifetime investement. No matter how the issue with Maliki gets resolved it will be a great deal for us and will lead to power sharing. One of the things Iraq has to do to get out of Chapter 7 is get their currency in order. Tariffs being implemented before a RV would make life more difficult without a RV but the RV is not a requirement for them going into effect...smart cards being out will not trigger the RV. Things are happening and moving in the right direction. This is going to happen long before September...things are happening very quickly.
6-25-2012 Newshound Guru Med I AM WATCHING WHAT IS GOING ON IN IRAQ SAME AS YOU ALL ARE. I ASKED A ? EARLIER - WHEN IS A DEMOCRACY NOT A DEMOCRACY ANYMORE, WHAT IS THE FIRST SIGN? THE FIRST SIGN IS WHEN YOU STOP FREEDOM OF THE PRESS AND BY KICKING OUT ALL THE FOREIGN NEWS AGENCIES YOU WANT TO HIDE SOMETHING OR YOU ARE BUILDING UP FOR SOMETHING AND YOU DONT WANT FOREIGN PRESS WRITING THE TRUTH.
-25-2012 Newshound Guru Mike This is where we believe we are at...we want to see the government seated and ...140 definitely needs to be in place...so they can figure out who is signing the contracts - where the power and money is going to lie so that they know how they can guarantee those contracts....not screw up their business...not have the government and themselves sued. Remember they are a bank so they have alot of liability
6-25-2012 Newshound/Intel Guru BGG They are giving him (Maliki) one last chance to get it right...if Maliki would meet and fully implement – it “would end” the crisis...if he would do what he has to it could happen – will it?? I do think the opposition is still moving ahead with their plans because they have been through this with Maliki before...be watchful if Talibani resigns or is replaced. This will place MASSIVE pressure on Maliki. If Maliki is serious about a deal – he better hustle.
6-25-2012 Intel Guru Okie_Oil_Man THERE ARE MANY POSITIVE THING'S GOING ON BEHIND THE SCENE TODAY. EVERYTHING IS PROGRESSING POSTIVELY. I AWAIT THE AUTHORITY TO POST FROM THE P.T.B.--I AM AS ANXIOUS TO POST AS YOU ARE TO RECEIVE THE POST.
6-25-2012 Newshound Guru Mike great information from CBI...Tariffs…Smart Cards…Islamic Banks…Single Window System...Full Speed Ahead!!! “Iraq’s Central Bank announces new cash withdrawal system” “Has announced the start of a national distributor system in the country, which will allow card holders to withdraw money from any bank in the country without depending only on the the bank that provided the bank card”...awesome article...ATMs all across the country...just like the banking system here.
6-25-2012 Intel Guru BWM there was a LOT of information this weekend...VERY good information and some REALLY good smoke...the heads up won't come from the market IMO as they will occur simultaneously...there was speculation in the past that if the markets reached certain "targets" then we would have an RV... but we have reached all those benchmarks and nothing happens...and the market watchers tend to say well "it's never been like this" well of course not... nothing like this has ever happened so we just have to wait and see how it shakes out.
6-25-2012 Newshound Guru Mike Shabibi in Switzerland…and on his way to London…giving his opinion on what he has done and how he has done it.
6-25-2012 Intel Guru BOBGETZ6 this might go to 7-1 to 7-5, but hoping sooner. Heard rumblings again last night, but no cigar.
6-25-2012 Newshound Guru Mailman17 LETS FACE IT…IF YOUR ABOUT TO COME OUT WITH AN RV AND MAKE THE DINAR THE MOST VALUABLE CURRENCY IN THE WORLD…NOW I SAID VALUABLE..NOT HIGHEST, YOU NEED STABILITY IN THAT GOVT TO SEE IT PROSPER. THAT’S WHERE I THINK THEY ARE, WITH GUIDANCE OF COURSE FROM OUTSIDE INTEREST. THE DINAR MUST REMAIN STABLE AND MALIKI JUST DOESN’T CUT IT.
6-25-2012 Newshound Guru Kaperoni Central Bank announced new steps that will raise the value of Iraqi dinar against the dollar. The deputy governor of the Bank Mazhar Mohammad Saleh..."this requires the availability of several factors Kalnhod the agricultural sector, industrial and services sector and investment."...they are fully aware of the dangers of waiting on this project…Now we see the crossroads Iraq is at, The significance of the currency reform and the reason for the aggressive timeframe. We are very close.
6-25-2012 Newshound Guru Mailman17 WE ARE AT A MINOR STANDSTILL BUT A VERY MUCH NEEDED ONE CAUSE ITS SOLUTION WILL HAVE FAR MORE RAMIFICATIONS THAN JUST CHANGING OUT THE PM. THEY GAVE HIM THE CHANCE…IMPLEMENT ERBIL HE SAID NO, THEY GAVE HIM A 10 DAY EXTENSION HE SAID NO, 7 MORE DAYS HE SAID NO. SO NOW AS MUCH AS IT KILLS US TO MAYBE WAIT THIS OUT A BIT LONGER, AS IT MOST LIKELY DOES SHABS, IRAQS GOVT LOOKS LIKE THEY JUST MAY CLEAN A LITTLE HOUSE.
7-2-2012 Newshound Guru Vic1 HONESTLY, PLEASE BELIEVE ALL IS LOOKING SO PRETTY THAT I REALLY SEE VERY CLEARLY...NO FOG...NO HAZE...SEE THE LINE OF HORIZON VERY CLEAN!!! I SEE THIS HAPPENING AT ANY MOMENT! THE 4TH? HECK, LIKE THEY SAY AT THE OLYMPIC'S, LET THE GAMES BEGIN!!!
7-2-2012 Newshound Guru Mike [via emergency stand ins from IQD Team] the banks have been putting together their plan for a long time...Shabibi...basically has figured out a way to get all this to fruition...now we are at the point in which they need to implement - they said they don't need to pass any laws to get this done in Parliament but there has to be regulations offered by the Council of Ministers...an article today...said the Bank is independent but it is dependent somewhat on the Council of Ministers...they have to publish it in the Gazette...put it out for the people and the government to know that it is implemented. ["continued in post 3...stay tuned"]
7-2-2012 Intel Guru Footforward THERE IS NO BAD NEWS. I KNOW SOME PEOPLE THINK WE ARE BEING TOYED WITH BUT THAT ISN’T THE CASE. WE STILL HAVE EVERY REASON TO EXPECT THIS TO SHOW IN THE NEAR FUTURE. IVE BEEN LOOKING FOR BAD NEWS OR REASONS FOR DELAYS. I DONT HAVE ANY. IF I THOUGHT WE HAD REASON TO BELEIVE WE HAD TO WAIT UNTIL SEPT...OR 2013...I’D TELL YOU, BUT I JUST DONT FEEL THAT WAY. I STILL FEEL WE ARE ASN NOW. IT IS MY OPINION THAT THE DINAR AND VND WILL STILL GO TOGETHER. STILL LOOKING FOR 5-20 CENTS ON THE VND. ALOT OF THINGS TELLING US WE ARE CLOSE.
7-2-2012 Newshound Guru Mailman17 APPARENTLY A MINISTER ANNOUNCED THAT THE REVENUE SHARING MIGHT NOT BE AVAILABLE TO THE PEOPLE TILL JAN 1. YOU WANNA TELL THEM THAT? YOU WANNA TELL SADR THAT? THE KURDS? AND LEST NOT FORGET THAT IT IS ALREADY IN THE BUDGET AND ALLOCATED. REMOVAL OF IT THIS YEAR MUST COME FROM PARLIAMENT NOT SOME **** *** MINISTER WHO HAS NO BRAIN. JUST SAYING. ["continued in post 6...stay tuned"]
7-2-2012 Intel Gurus Frank26 & Delta the Tariff Law is in affect and there will be evidence from articles in the coming days. Iraq has 2 sets of books that they are using. One has the 1166 rate and the second set of books has another rate. Both of these rates are in the 2012 budget. Shabibi has told the GOI, do not use two sets of books anymore! No more hiding the rates! Shabibi told Maliki to get the 2013 budget done which will include the new dinar rate to go international. There is an urgency for Maliki and the GOI to get the 2013 Budget done. Once the 2013 budget is complete, Shabibi can release the rate. The 2013 budget has to contain the new rate. ["continued in post 2...stay tuned"]
7-2-2012 Newshound Guru Mike [via emergency stand ins from IQD Team] This article says they are "putting a joint committee together to schedule the implementation". The most important thing to me that was stipulated there was the implementation of the project to delete the 3 zeroes. Alot of the things we are looking at right now with the government and CBI is the environment to implement and that is the key I believe everybody has to focus on because implementation in Iraq has been a thing not understood...they have not implemented anything yet ..not their laws...they voted on them...they have passed them but they have not been implemented...they have not implemented 140....haven't implemented Erbil...haven't implemented some of the things required to delete the zeroes. ["continued in post 2...stay tuned"]
7-2-2012 Intel Guru Bulldog75 'MANAGED FLOAT' CAN FLUCTUATE ONLY 2% EVERY 90 DAYS; AND A 'DIRTY FLOAT' IS EVERY HOUR, 24/7/365. WHAT FLAVOR DO U WANT? SHABS IS AT THE BAGHDAD MALT SHOP. THE FLOATS ARE READY AND EITHER FLAVOR WILL WORK.
7-2-2012 Intel Guru Blaino There is rumor that vnd happens in hours, SO... In hours we ought to know. Basel iii compliance is spreading across the globe as we read this. I am aware that some people in special places are getting their ears whispered INTO...The forcast is looking GREAT...Highs in the...WELL... Very high, and won't the 4th be a great day! (it will!) the fireworks this year may be historic! Prepare to observe history as we live IT...Read and think! Be well, be at peace and know we are close to fruition!
7-2-012 Newshound/Intel Guru BGG There is virtually no way Maliki can make good on the threat of dissolving Parliament and having early elections. It is almost a “mathematical impossibility”...they will likey start the “interrogaton” of Maliki sometime this coming week (if I don’t miss my guess).
7-2-2012 Newshound Guru Mailman17 FOR THE LONGEST TIME MALIKI WAS ALLOWED TO USE THE CONSTITUTION AS HIS OWN FIELD TRAINING GUIDE. NO MATTER WHAT IT SAID HE COULD EITHER AGREE OR REWRITE IT AS HE WENT ALONG. HE NO LONGER HAS THAT OPTION AND NUJAFI IS THE ONE TO THANK ON THAT ONE. EVERYTIME HE DID SOMETHING TO TRY TO STALL, NUJAFI WAS THERE TELLING HIM...UH OH...CANT DO THAT. WHY NOW AND NOT BEFORE, BECAUSE HIS TIME IS UP. ITS NOW IRAQS TIME AND HE IS A DISPOSABLE ASSET. ["continued in post 5...stay tuned"]
7-1-2012 Intel Guru TerryK MY UST GAL CALLED THIS AFTERNOON WHICH I USUALLY DONT HEAR FROM ON THE WEEKEND. SHE IS STILL TELLING ME THIS IS READY AT ANY TIME PERIOD.
7-1-2012 Newshound Guru Vic1 YOU ALL THINK...MALIKI...IF INNOCENT WOULD GATHER AROUND HIM ...200 SECURITY GUARDS? WHO PAY'S FOR THEM...? THAT IS A SLAP IN THE PARLIAMENT AND THE PEOPLE OF IRAQ'S FACE!!! SO... YOU DO NOT WANT TO COME TO INTERROGATION HEARINGS... OK!!! THEN I GUESS... WILL TRY...YOU IN ABSTENTIA!!! WON'T WE!!!
7-1-2012 Newshound Guru Mailman17 SHABS HAS STATED HE IS READY, DONE. THERE IS NOTHING OUTSIDE A OF PARLIAMENTARY BLESSING THAT IS STOPPING HIM. BUT WE ALSO KNOW HOW ADAMANT HE IS ABOUT GIVING AN RV AS LONG AS MALIKI IS STILL PM. HE MAY NOW BE MORE OR LESS FORCED TO RETHINK THIS ALONG WITH PARLIAMENT BLESSINGS AND BACKING TO RELEASING IT A BIT EARLIER THAN PLANNED AND HOPE THAT PARLIAMENT ASSURES SHABS THAT MALIKI IS NOTHING BUT A FORGONE CONCLUSION AND A FORMED GOVT IS ALMOST THERE...THAT'S WHAT I AM BANKING ON. ["continued in post 4...stay tuned"]
7-1-2012 Newshound Guru Mike We do not know the date...nor the rate...we are looking for steps ahead, piece by piece, little by little...as we move forward...all great news on the CBI side.
7-1-2012 Intel Guru BWM THE NEWS HAS BEEN REALLY GOOD TODAY...EXPECTATIONS AGAIN RUN HIGH, DON'T GET CAUGHT WAITING... BE PREPARING.
7-1-2012 Newshound Guru Vic1 WOW!!! WHAT A ACTION...PACKED WEEK WE'RE COMING INTO!!! WTO... WHAT A BEAUTIFUL ...WORD! YES! IT SEEMS WE ARE KNOCKING ON THE DOOR TO PROSPERITY!!!
7-1-2012 Newshound Guru Mailman17 SHABS ISNT WORRIED ABOUT HIM [MALIKI] AS MUCH AS HIS PLAN. WE JUST HAVE TO SEE HOW FAST THE CBI REACTS AND HOW LONG IT WILL TAKE. LIKE I SAID BEFORE PARLIAMENT WOULD NOT HANG SHABS OUT TO DRY UNLESS THEY BOTH AGREED ON A PLAN B, PLAN A BEING MALIKI ALREADY GONE, BUT HES NOT. SO ON TO PLAN B. ["continued in post 3...stay tuned"]
7-1-2012 Intel Guru BOBGETZ6 I am getting conflicting information from tonight all the way to the end of the week. Not hearing rates anymore. The information is not exactly flowing...That, IMO, is a good sign.
7-1-2012 Newshound Guru Duckyboy We still see the same information coming from Iraq; Maliki is still fighting for his PM-ship. The CBI is still putting out mixed information. It is believed that they are ready to go, but they are still waiting for a STABLE GOI. With a stable GOI, you will have Erbil, with Erbil, you'll have a real HCL and that's it.
7-1-2012 Intel Guru TerryK WELL ONCE AGAIN THE SOURCES HAVE LEAD US ASTRAY. THE MORE THIS GOES ON THE MORE I THINK MY SOURCE IN DC MAYBE RIGHT. THIS IS GOING TO BE A ANNOUNCMENT THAT O MAKES TO GET HIS FOOT BACK IN THE DOOR.
7-1-2012 Newshound Guru Med WE KNOW THIS AS FACT, CBI IS COMPLETELY READY TO REVALUE AND TO ISSUE THE NEW CURRENCY IN JAN, ALL HAS BEEN COMPLETED. ALL THEY NEED TO DO IS START THE COUNTDOWN IN THE OVERALL LONG HAUL. IF IRAQ IS TO BE PRODUCTIVE FOR IT'S PEOPLE ONE OF TWO THINGS HAS TO BE DONE, EITHER TURN IRAQ INTO SOCIAL WELFARE LIKE KUWAIT OR GO TO A FREE MARKET ECONOMY, INVEST IN THE AGRICULTURE...RETURN THE DATE INDUSTRY BACK TO WHAT IT WAS AND GET THE PRIVATE SECTOR MOVING.
7-1-2012 Newshound Guru Mike If there was one issue that the CBI has outstanding it is their auctions and truly I think the only thing that will really help them deal with the auctions is going to be an RV - that will stop the onslaught - because I think you've got Maliki from the political end trying to work against them as a last ditch effort.....the Finance Commitee coming on is putting that nail in his coffin and as you can see he has the political situation to worry about more than the Central Bank.
7-1-2012 Newshound Guru Mailman17 IT SEEMED AWFULLY STRANGE THAT THEY WENT GUNHO AT MALIKI, EVEN BRINGING IN CORRUPTION FILES FROM 2 SOURCES THAT SHOULD HOOSE HIM TIGHT...YET ITS AWFULLY QUIET. IF MALIKI TRIED ANYTHING TO UPSURT THE GOI AND PARLIAMENT IN THEIR CONSTITUTIONAL RIGHT TO REMOVE HIM, THAT WOIULD BE CONSIDERED A DICTATOR MOVE BY THE UN AND US AND THEY WOULD HAVE THE RIGHT TO REMOVE HIM BY FORCE. ["continued in post 2...stay tuned"]
7-1-2012 Newshound Guru Kaperoni The CBI has been dollarizing Iraq for months. We have proof of that in Auctions, articles, videos and even statements from the CBI. In fact, there was an article just the other day, that Saleh said the money supply (in country) was 3 trillion. A very manageable state. As for out of country, that has also been explained by the CBI once again that they want the dinar to not only be a "reserve foreign currency" but a "hard currency" like the dollar. In fact they said, the dinar will be held for by the world’s central banks for a very long time. Which all means that the majority of the dinar out of country (is part of a plan and a controlled leak), is not going to be returned to the CBI. That is direct from the CBI. Therefore, this information is credible and high up the totem pole.
7-1-2012 Newshound Guru Med IF THEY DO NOT GET MALIKI IN FRONT OF PARLIAMENT IN THE NEXT WEEK TO 10 DAYS IT IS ALL OVER TRYING TO GET HIM OUT. HE WILL FINISH HIS TWO YEARS AND ALL THAT MOMENTUM HAVING HIM ON THE ROPES WILL BE FOR NOTHING AND THEN IT WILL BE UP TO SOMEONE ELSE.
7-1-2012 Newshound Guru Mike I got to tell you the banking system is coming on line.... We can see now that the banking system is going to truly be benefitting by all of these agreements that are out there and that we have seen lately...CBI even came out and said don't worry about Ramadan...the exchange rate will remain steady.
7-1-2012 Intel Guru Bluwolf WE HAVE A BLACKOUT IN INFO COMING IN FROM IRAQ...ALL IS SILENCED AND ALL IS GOOD, WE ARE IN THE BEST POSITION EVER...WE ARE FINALLY THERE FOLKS.
6-29-2012 Intel Guru BOBGETZ6 I am hearing a strong possibilty for today late. I am also hearing Tuesday/Wednesday. The sources are all credible, just who is correct, we will see.
6-29-2012 Intel Guru Ghost [Okie_Oil_Man site] GET THE CLUTTER OFF THE RUNWAY OKIE WILL BE LANDING SOON. OKIE REPORTS HE IS ON FINAL APPROACH AND IS IN CONTACT WITH AIR TRAFFIC CONTROL GETTING READY TO SWITCH TO SECONDARY GROUND CONTROL FREQUENCY.
6-29-2012 Newshound Guru Vic1 SHABS WAS TO BE IN LONDON ON 26 AND 27 AT BANKING MEETING! HE WAS NOT! I HAVE TWO FRIENDS THAT WERE, BOTH SAID - NO SHOW! OK, WHERE WAS HE? WHERE HE NEEDED TO BE! IN BAGHDAD! THE 28TH WAS SIGNING OF MAJOR CONTRACTS WITH DEPT. OF COMMERCE OF USA AND MANY FROM EU...STRATEGIC FRAME WORK AGREEMENTS WHICH RELEASED EUROPEAN BANKS FROM FEAR OF SECURITY! WAIT! NOW, RAMADAN BEGINS ON 20TH OF JULY!. TAX AND TARIFFS WERE PUT INTO GAZETTE ON JUNE 1. MALIKI WANTS TO SHUT DOWN RADIO, TV? WHY? BECAUSE SHABIBI GOT HIS WAY, HE NOW HAS POLITICAL STABILITY. I SEE ALL THINGS DONE…BOOM! WE ARE THERE.
6-29-2012 Newshound Guru Mike Maliki knows his days are numbered – the best thing that he can do is negotiate what he needs to do...get this National Meeting Going – appoint the ministers – lets get the Strategic Council set and lets move it along...i’ve always said in these type of situations that it can happen that it just comes up and a few days later you see them standing there announcing their government…thats how close alot of this is...all moving forward – there are NO steps being taken back…and I am so excited about the news.
6-29-2012 Intel Guru FreewayBill The news today is nothing negative...Meetings have taken place to arrange for the ultimate blessing. This is the time to...pray that nothing else pops up to stop this again. We are so close that we can smell the blessing.
6-29-2012 Newshound Guru Mike Tariffs – at this point have been postponed by Maliki – this does not affect the RV in any way shape or form…its not event driven – it basically gives the CBI more time.
6-29-2012 Newshound Guru Phoenix3333 The Committee on Economic Iraqi banking system confirmed that the development of Iraqi banks will contribute to supporting and building Iraq's Economy. The importance of developing the Iraqi banking sector through modern technological systems [is] to boost investment in the country....the development of the banking system is an urgent need for the advancement of the national economy.
6-29-2012 Newshound/Intel Guru BGG Maliki is working overtime - this "media shutdown" is all his doing. The tidalwave of public sentiment has to be slowed down somehow. This is his solution. Is it any wonder Sadr said he was in favor of holding a "televised" National Meeting?? He wants everyone to see what goes on...Maliki, on the other hand - is trying to shut ALL THE PRESS off. I bet some of their staff is hiding out right now...which was Maliki's intention. Strong arm everyone into slowing up a little. He's just a bully. Every day that goes by Maliki puts more nails in his own coffin.
6-29-2012 Newshound Guru SWFloridaGuy We are still waiting on announcements of the Strategic Council and power sharing. Until the interrogation with the Prime Minister is held we won't know which direction they are headed. The best case scenario for us would be they reach a deal on power sharing and the subsequent announcements follow. When we truly have a complete GOI, Erbil implementation and Chapter 7 removal, it will be officially noted in the Iraqi Legal Database and public announcements will follow. That's the only way it will become law. I'm just voicing my opinion which may or may not be correct.
6-29-2012 Newshound Guru Mike They have a plan and they are moving towards the Revaluation of their currency and they are Not trying to hide it as much anymore…they’ve got the Finance Committee on board and that is who they need – they just need some regulations passed for them – they have a plan and they are working it.
6-29-2012 Newshound Guru Med I WENT THROUGH ABOUT 20 ARTICLES...MOST ARE ABOUT MALIKI AND THE INTERROGATION AND THAT THEY FEEL MALIKI IS TRYING TO CREATE A STATE OF EMERGENCYSO HE CAN KEEP FROM HAVING TO BE INTERROGATED. THE INTEGRITY COMMITTEE SAYS THEY HAVE MASS FILES FROM THE PROVINCES ON WIDE SPREAD CORRUPTION AND ARE GOING TO GO AFTER ALL OF THEM. MANY ARE TOP LEVEL POLITICIANS.
6-28-2012 Newshound Guru SWFloridaGuy A year ago the Iraqi government announced ratification of the HCL draft and submitted it to Parliament for approval. The government then introduced some amendments which then were reviewed by the Energy Committee. The Commission on oil and energy decided the draft law of oil and gas had constitutional violations and moved to amend the bill to reach a suitable formula that would be agreed upon between the political blocs. The National Alliance objected to the reading in Parliament and postponed it. The good news is that the parties in Erbil and Najaf announced that are attempting to pass important laws in Parliament now. The main laws they are focusing on are the HCL and General Amnesty. Let's hope they get it done. ["continued in post 3...stay tuned"]
6-28-2012 Intel Guru Hammerman I can confirm 3 tiers of cash: 1st government and high ranking military around 28 dollars; 2nd lower military and any one invited by tier one aprox 12 dollars; these are special negotiated rates not for all; 3rd will be IQD RV rate, speculation is around 3 dollars, no one knows this rate yet; tier 1 and 2 have invitees to make some type of cash in deal over the weekend. Can’t share any more on this then what I have just done. THERE IS TONS OF INTEL OUT THERE. I DO FEEL 23 COUNTRIES RVED ABOUT 15 DAYS AGO. CHINA IS COVERING AT A DAY RATE OF ABOUT 700 BILLION. IMO THIS WILL STAY JUST LIKE IT IS UNTIL CHINA RUNS OUT OF MONEY OR THEY ARE COMPLETLY HAPPY. Remember this: they lose nothing in this process they get it all back.
6-28-2012 Intel Guru Blaino CONDITIONS ARE NOW ESCALATED TO "FAVORABLE" FOR A REVALUATION TO INITIALIZE FROM THE MOMENT OF THIS ANNOUNCEMENT AND GOING FORWARD UNTIL REVALUATION OCCURS OR THIS WARNING IS IS CANCELLED A WARNING IS A TIME DURING WHICH "MOST" CONDITIONS ARE FAVORABLE FOR A REVALUATION TO OCCUR AND THAT OCCURANCE CANNOT BE RULED OUT BEYOND A REASONABLE DOUBT. WE ARE ARRIVED AT THAT PLACE IN THE CHAIN OF EVENTS WHERE A REVALUATION COULD HAPPEN AT ANY TIME.
6-28-2012 Intel Guru Blaino THE "IQD" OR "IRAQI DINAR" IS CURRENTLY RE-APPEARING ON TELLER SCREENS IN MANY AREAS AND ACROSS THE BANKING SECTOR. THIS VERY INFORMATION MAY NOT BE APPARENT TO THE TELLERS THEMSELVES, AND THIS COULD BE A PART OF THE PLAN TO HAVE IT JUST "APPEAR" SORT OF SUDDENLY, SO CALLING YOUR BANK WILL PROBABLY NOT HELP, BUT ONLY DELAY THE NUMBERS AND VALUES BEING RELEASED. ["continued in post 2...stay tuned"]
6-28-2012 Newshound Guru SWFloridaGuy The HCL has not passed and Erbil has not been fully implemented. A power-sharing agreement they brokered in Erbil SHOULD HAVE allowed Allawi’s party to appoint Iraq’s defense minister with Maliki's approval of the candidate. Allawi was SUPPOSED TO have become the head of a new strategic council designed to check Maliki's power but Maliki assumed control over the interior and defense ministries, claiming that Iraq’s precarious security situation required it and maintained that all of Allawi’s proposed candidates were unsuitable. Iraq is not out of Chapter 7 and the ministers are interim not permanent. ["continued in post 2...stay tuned"]
6-28-2012 Newshound Guru Mike Everybody needs to understand that there is not one thing that is going to stop this, start it, its a process...a series of events that go on...This is NOT event driven...tariffs do not have to be in place to have an RV...actually the tariffs NOT happening, happened to help this plan move along...maybe...the tariffs were...an interim step...Its Not a critical event in this whole process...now maybe they can go ahead with the full RV...they are moving at breakneck speed to get things done.
6-28-2012 Newshound Guru Doc Our last hope for the RV by month's end was recently dashed as Parliament is posturing to delay implementation of the tariffs. The simple reason for this is they are not ready. The political instability is literally (in our opinion) the main issue in preventing Iraq from moving forward. This was highlighted in the SIGR report, by the UNSC in its report on Iraq, by Shabibi in implementing currency reform and now internally by members of Parliament. It is preventing release of chapter 7, implementing Ebril, etc...We maintain these issues to be key also from the perspective it will take political stability for these issues to be resolved and political stability is a prerequisite to the RV. Look for signs of stability like Ebril, chapter 7, etc. We report, you decide.
6-28-2012 Intel Guru Ghost [Okie_Oil_Man site] I AM FULLY EXPECTING THE BIG BLACK JET TO LAND LATER THIS AFTERNOON AND OKIE CRAWL OUT OF THE COCKPIT WITH "THE POST" IN HIS HAND'S TO BE DELIVERED TO ALL OF US. OKIE HAS TRIED EVIDENTIALLY UNSUCESFULLY IN THE PAST FOR YOU TO STOP PAYING ATTENTION TO WHAT'S OCCURING IN IRAQ--THE PRICE OF METAL'S--OR THE STOCK MARKET--THESE ARE NOT INDICATOR'S OF ANY INFLUENCE OVER A TIMED (TIMED) GLOBAL EVENT. JUST SIT STILL AND WAIT FOR THE BLACK JET THIS AFTERNOON. LAST REPORT FROM OKIE IS THAT HE IS JUST A FEW HOUR'S FROM LANDING.
6-28-2012 Newshound Guru Adam Montana if they can't RV right away, it's easier to kick the tariff can down the road than to pass it and without the HCL, there will be no RV so it's not likely they will get it done July 1...HCL, then Chapter 7, then RV, then tariff.
6-28-2012 Newshound Guru Mike They have postponed the tariff as far as we can tell. But kinda suprisingly enough the CBI came out 2 days ago saying they were in favor of the tariffs, everything was ready to go and they were moving and just wondering if this isn’t a last ditch effort from Maliki to try to really mess with the CBI. Not that it is [an] important thing. You do NOT need the tariffs in order to have an RV – the tariffs not happening did NOT stop the RV.
6-28-2012 Intel Guru Bluwolf IT [GOI] HAS BEEN IN PLAY FOR MORE THAN 3 YEARS NOW, IT HAS BEEN ANNOUNCED...THE MINISTERS HAVE BEEN IN PLAY FOR MORE THAN 2 YEARS...THE HCL AND EBRIL IS IN PLACE FOR MORE THAN 1 YEAR...CHAPT 7 HAS BEEN LIFTED, UN NOW AWAITS FOR THE OFFICIAL INTERNATIONAL RELEASE TO CLOSE THE ISSUE.
6-28-2012 Newshound Guru Bondlady Salih stressed that the economic power of Iraq's financial and of higher bank reserves and balance of payments surplus of government should be reflected on the strength of Iraqi dinar which in turn will be able to reduce inflation in the country...the only way i can see that happening is they have to set a new rate...we saw what 1170 to 1166, it did NOTHIN really so that dont work just to move it a few pips...so it would have to go a lot better than that if its to curb inflation...when it hits 1000, i think thats when he changes monetary policies, imo, an lets supply an demand drive it up from there.
6-28-2012 Intel Guru Bulldog75 THERE IS A MAJOR [BANKING] ALIGNMENT FORTHCOMING; THEY DO THEIR STUFF USUALLY ON T-W-THURS. I WILL ANSWER EVERYONE'S RATE...QUESTION: DONG ABOVE .01 AND IQD ABOVE 10 BUCKS.
6-28-2012 Newshound Guru Mike the CBI has been ready to go for a long time...they know what they want to do…they have a plan...they are moving forward with that plan. The things we know that they have been telling everybody is the currencies are going to co-exist period of 2 yrs…they will have the same value and a revaluation of some sort to take place with all of this. Sounds like CBI is in control of this process.
6-28-2012 Newshound Guru Adam Montana No RV yet, no talk of Chapter 7 this week, but it looks like the HCL is getting closer and that is a GOOD thing. It's looking more and more like the HCL is the key to moving forward, so that's what I'm keeping an eye on...getting them out of Chapter 7 is going to be a rubber-stamp deal. The important issues are now Erbil and HCL. The rest is just noise and fluff. ["continued in post 5...stay tuned"]
6-27-2012 Newshound Guru Bondlady thru extensive news searches today an yesterday i still have not found anything that says parliment agreed to halt the tarriffs, only the ministers saying they've amended them and want to postpone it, parliment as far as i could tell has not voted on it other than to pass an gazette the original, so lets hang in there till we find proof 1 way or the other or we just wait what 3 days an see?
6-27-2012 Intel Guru Blaino based on intel over the last 24 hours (more like 36 actually) blaino has elevated [our] alert level to 5 and we will stay there until further notice. Major movement expected on saturday thru monday late into tuesday. i have some strong intel from reliable sources that lead me to make this CHANGE...Almost did it on tuesday morning, but decided to wait on additional news and intel. Got it, so i went for it! I will not release the intel to preclude the possibility of any interference or an excuse for delay...there is a LOT...A lot going on behind the scenes.
6-27-2012 Intel Guru Bluwolf I AM OF THE FEELING THAT WE ARE IN A VERY POSITIVE TIMEFRAME AT THE MOMENT, THINGS ARE LOOKING GOOD FROM MY VIEW POINT...I HONESTLY THINK I SHOULD GET MY PHONE CALL VERY SOON...THINGS ARE UNDERWAY AND THAT IS GOOD FOR ALL.
6-27-2012 Intel Guru Footforward there isn't new intel because nothing has changed...we are dealing with the same BS on the same levels that we have been for months...the month isn't over yet and I haven't given any other window lately in terms of specific time frames or dates... I wouldn't say imo the 30th is a "drop dead date". I have trouble calling anything a "drop dead date" ...mostly because I'm kind of gun shy but I have every reason to look between now and the end of the month. LIKE I'VE SAID I KNOW FOR SURE 100% THIS IS GOING TO HAPPEN...I MEAN THERE ISN'T MUCH MORE WE CAN DO OTHER THEN RV RIGHT NOW.
6-27-2012 Newshound Guru Mike “Parliament and Finance committee support REVALUE of Iraqi Dinar"...its about time to have the Finance Committee on board. Its almost like somebody told these peoples if we revalue this currency we are going to have alot of money and then they said okay yeah right…then they rephrased it…when we revalue this currency YOU are going to have alot of money. Oh I get it…almost like the lite bulb is going off.
6-27-2012 Newshound Guru Adam Montana The Council of Ministers approved a bill just yesterday (June 26) to delay the implementation of the tariff law (quote) "until the appropriate conditions allow its application" What does this mean? It means...There is no use in implementing a tariff on poor people. Until the financial situation improves, the tariff issue is dead. Obviously an RV would improve the financial situation! Here's what I think: if they had planned to be ready to raise the value of the dinar by the end of June, then a tariff made sense. Since there were so many delays in the HCL/Erbil issues, they are now postponing it. We do have some more good news on the HCL - it is rumored that they may be making some significant progress on it. ["continued in post 4...stay tuned"]
6-27-2012 Intel Guru DinarWishes Things look really good for this to happen in the near future but to pinpoint it is beyond anyone in the Dinar Community...We look for signs and real data...NOBODY knows the Rate or the Date.
6-27-2012 Newshound/Intel Guru BGG Maliki is in a mad scramble to avoid winding up in front of Parliament. He made big noise about “turning this around on them” – turns out it was big talk is all. The fact of the matter is – Parliament supports the revalue of the currency, they are “chomping at the bit” to do a new Oil and Gas law (their distribution mechanism), and they will remember Maliki when the time comes.
6-27-2012 Intel Guru TerryK i have some juice...treat this as rumor as always. I want to tell you about a little bird from a big bank and i had a short call this morning. Thursday night will be sweet, many countries, i heard +30, are ready to be re- valued...if - this does not pop in the next week, the dong will and this is coming from my banker in nam. Rate will be high / over .50 for the dong, [you can find most Dong info @ www.DongGuru.com] now the dinar i heard today was again over in double digits, but i would not expect more than 8.16...and im sticking to that but treat that as rumor.
6-27-2012 Newshound Guru Mike Educating people about the banking system...Thats the Final stretch...they are getting people interested in getting their money into their banks…telling them what they can do and how we are going to do it. Sounds like they are trying to build a banking system...All very positive developments...very straight forward. You don’t have things like this in place if you are not going to have some sort of value to your currency.
6-27-2012 Newshound Guru Adam Montana They aren't going to announce to the world that they are going to increase the value by X because that would lead to a massive run on the dinar with people buying it, and they won't tell us if they are going to DECREASE the value either because that would lead to a massive DUMP of dinar!...the one thing that remains constant in this speculation is that they CONTINUALLY talk about increasing the value. They never talk about the value going down - only going up. When the value goes up, we make money...so unless you have reason to think the value is going to go DOWN, there's no need to worry about anything - just chill out and wait for the day we get to cash in. ["continued in post 3...stay tuned"]
6-27-2012 Intel Guru Bulldog75 RATS ARE STILL IN THE CORNCRIB: Cyber bank robbers attempt billion-dollar heist, targeting our money. This is a major part of delays. Cyber theft is becoming rampant. INTERNET BANKING IS NO LONGER SAFE. THE WINDOW IS STILL WIDE OPEN. UNDERSTAND, AN RV DELAY HERE ACTUALLY PROTECTS THE BANKS AND US/WE/USA. THIS HAS TO BE REMEDIED FROM WHAT BANKS ARE GRADUALLY REVEALING. CENTRAL AND WORLDWIDE BANKS SIMPLY ARE ON HIGH ALERT DOING ALL THEY CAN DO.
6-27-2012 Newshound Guru Mailman17 WHEN THE DINAR HITS…THE LAST THING THEY NEED IS MALIKI IN ANY FRACTION OF POWER, TOO MANY IRAN INFLUENCES AND SYRIA. THIS IS JUST NOT ABOUT THE VALUE…BUT HOW IT COULD BE DISTRIBUTED, JMO, HENCE THE DEAL OF BRINGING IN THE DINAR FOR US...BY SHABS WITH GUIDANCE FROM THE US AND IMF AND UN.
6-27-2012 Newshound Guru Phoenix3333 "Maliki calls for early elections. The Office of Prime Minister Maliki issued a statement clarifying his comments on the recent House of Representatives and his call for early elections. The prime minister has launched an attack on the House of Representatives, accusing lawmakers of being involved issues of terrorism and fraud...stressing that "Parliament should take its role as the most dangerous power in the country, which is the legislative authority, and there are major irregularities in it, there is abduction of the parliament, and there is silence about these violations," he that "we reject the spelling, and we refuse to enter into the constitutional legitimacy of our institutions, particularly Parliament."
6-27-2012 Newshound Guru Adam Montana So, this week in Dinar we see...No booting of Maliki, not much talk about Chapter 7, but a LOT of discussion about the "deleting the zeros" let's get one thing straight right away. NO MATTER WHAT HAPPENS, at some point the 0's are going to come off. This is true whether they lop, redenominate, revalue, or anything else... what the CBI is telling us is that when they change the money, they are going to issue new notes with less 0's. That is ALL...so you have to take these "delete the 0's" articles with a grain of salt. ["continued in post 2...stay tuned"]
6-27-2012 Newshound/Intel Guru BGG Sadr isn’t backing off the “no confidence” issue. Just that he won’t be directly involved in the interrogation of Maliki. He has plainly promised – if they get 124 votes – his 40 votes are with them (and against Maliki). My bet is Hakim – same. Maliki’s goons keep putting out that the NC vote is going no where – which is just not true. His goose is cooked as of right now. He’s had chance after chance after chance after chance and the point is – he doesn’t want democracy. He wants to be a dictator.
6-26-2012 Newshound Guru Mike we are seeing the CBI...educating the public – trying to get them used to what is going on...when they do RV...they have the ability to believe in them and believe in the currency...lots of pressure to get this economy up and going…and also theres also alot of pressure to get the political side figured out…moving that direction on both sides
6-27-2012 Newshound Guru Mailman17 THE UN AND THE US IS WATCHING THIS VERY CLOSELY…THEY WILL STEP IN IF NEEDED CAUSE NOW MALIKI IS A THREAT BUT THEY WILL ALLOW THIS TO GO ON…THE DEMOCRATIC WAY…TILL ENOUGH IS ENOUGH. THEY ARE STILL UNDER CHAP 7 AND IF MALIKI POSES A THREAT HE WILL BE DEALT WITH, BIDEN IMO…TOLD THEM...YOU DO WHAT YOU HAVE TO…BY THE CONSTITUTION. FOR THE DINAR TO HIT THE MAINSTREAM…TO BE A GLOBAL CURRENCY THE GRAFT HAS TO BE CURTAILED TO A MINIMAL LEVEL.
6-27-2012 Newshound Guru Mailman17 WE ALL KNEW THIS NO VOTE WASNT A WALK IN THE PARK. WE HOPED IT WOULD COME BY THE 15TH...I TRULY THOUGHT THEY WOULD HAVE AT LEAST ERBIL DONE GOING INTO THE 19TH BUT...LIKE ALWAYS...DICTATORS ARE ALWAYS DELAYING THE INEVITABLE. IRAQ WANTS TO MOVE ON, THE WORLD WANTS THEM TO AS WELL, THE ONLY ONE THAT DOESNT IS MALIKI AND IRAN. WE SHALL SEE WHO WINS.
6-26-2012 Intel Guru Jonnywg RV IS AWAITING RELEASE...THERE ARE MANY REASONS TO FEEL THAT THIS IS A TRUE GLOBAL RESET...A LOT WILL HAPPEN AFTER JUNE 30...THE RV WAS SUPPOSEDLY GIVEN AN EXTENSION OF 90 DAYS APRIL 1ST...NOT VERIFIED. NO DELAY NO HOLDUP NO RV...A HIDDEN MYSTERY...ANYTHING IS POSSIBLE IN THIS STORY. AT THIS TIME THE HIGH RATE CHANGES WITH THE WIND...BE THANKFUL FOR THE RV. TERMS OF RV ARE NOT RELEASED...BUT THE EVENT HAPPENED 2 WEEKS AGO THIS THURSDAY.
6-26-2012 Intel Guru Footforward iraq did all they need to do...the rv is totally ready to go and is basiclly done with the exception of us seeing it.
6-26-2012 Newshound/Intel Guru BGG "Parliament and Fiance committee support revalue of Iraqi Dinar." The “raising of the 3 zero’s ” just means they will be taking those notes out of circulation – like we did the $10,000 note here in the US. That is all. They are basically going to buy them out of the marketplace...It says “the process of removing the zeros from the Iraqi Dinar will be implemented over a period of two years” – I don’t see anything about Jan 2013.
6-26-2012 Newshound Guru Med BOO KOO ARTICLES ON THE LEGISLATURE SUPPORTING THE REVALUE OF THE IRAQI DINAR...NOW THE DATE FOR PRINT IS SET FOR SEPTEMBER...KNOWING OR BELIEVING WHAT WAS IN PRINT THAT THE DINAR WILL INCREASE IN VALUE UNTIL THE TIME IT IS SCHEDULED FOR RELEASE. THIS COULD BE STILL AN ANY MOMENT ISSUE THOUGH I AM THINKING SEPT, HOPE I AM WRONG. I AM JUST COORDINATING IT WITH THE PRINT, IT ISNT ANYTHING SCIENTIFIC, BUT IT IS DEFINATELY ON THE DOWNWARD SWING HERE TO GET DONE. I JUST DONT KNOW HOW CLOSE THEY WANT TO TIE IT TO THE NEXT BUDGET, KIND OF HAVE THAT IN THE BACK OF MY MIND.
6-26-2012 Intel Guru BWM RV means to RE value the currency from the previous value to a higher or lower rate (DV would be devalue)... RI means to RE instate currency to a previous value after a certain period...the IMF approves a countries rate of exchange (based on the presented needs of that country for an increase/decrease) which is then implemented through the BIS and posted on the UN operational site.
6-26-2012 Intel Guru Bluwolf WE ARE GOING FORWARD…NOTHING HAS BEEN DOWN GRADED OR HELD UP…JUST BECAUSE YOU HAVE NOT SEEN IT DOES NOT MEAN IT IS NOT HAPPENING AS WE SPEAK...SMOKE IS COMING OUT OF IRAQ RIGHT NOW; ONLY SMOKE. SIMPLE, TARIFFS ARE IN PLACE…IF SO YOU NEED THE REAL VALUE OF YOUR CURRENCY; IT DOES NOT WORK ANY OTHER WAY...BOTTOM LINE WE ARE SECOND TO SECOND..PERIOD!
6-26-2012 Newshound Guru SWFloridaGuy Locally the currency may be exchanged at branches of the Rafidain and Rasheed banks. The Iraqis will have a time limit to deposit all their dinars to facilitate the change into the lower denoms. Iraq is positioning themselves to become economic leaders both regionally and globally and no longer will they be isolated from the international community. Iraq got to where they are today with a lot of help. They received this help, not because they are a charity case, but rather because (like we do) others see Iraq's potential. Therefore in order to profit themselves, they have been willing to offer assistance in the reconstruction, rebuilding the infrastructure and revitalizing the banking sector, thus helping the CBI institute the framework for a functioning monetary policy that achieves stability. Simply put, a revaluation is an upward change in the currency's value and that is what is on the horizon for the Iraqi Dinar!
6-26-2012 Newshound/Intel Guru BGG They will continue proceedings against Maliki. He’s in some trouble and he knows it. What will be a surprise is when the Parliament officials show up at his office one morning requesting his immediate presence before the House...we haven’t seen the last of the “no confidence proceedings”. Things are just now picking up a head of steam in Parliament.
6-26-2012 Newshound Guru SWFloridaGuy FACT: Democratic governments only redenominate in response to hyperinflation. FACT: Authoritarian governments only redenominate in the presence of civil conflict. Neither of these conditions describe Iraq. I believe once the zeros are removed from the IQD the large notes will retain their value. I also believe a rate somewhere on par with the USD is realistic. Anywhere close to equal the USD would make it a historic revaluation. In my opinion this has all been part of a very well-orchestrated plan and the end result will be a very favorable outcome for all parties involved. We will see the removal of the zeros and a simultaneous revaluation of the currency. ["continued in post 4...stay tuned"]
6-26-2012 Intel Guru BWM the news so far today has been very good on our behalf...I don't think there is a massive "coverup" for the RV... it will happen and prolly in relative obscurity.
6-26-2012 Newshound Guru Mike I believe this next Parliament Session will be one of the most productive sessions for the Iraqi Parliament in a long time. We will see laws being passed...being read...being done very quickly - We will see CBI being supported in whatever they need to do and the country trying to move forward. They are at a key critical economic point at this time in their future...they need to establish their economy and to make sure the central Bank is working with the government...They need to add value to this currency. They dont want to wait and do this over a long period of time. They want to become a significant player very quickly.
6-26-2012 Intel Guru Bluwolf IT RV'D MONTHS AGO. THIS IS JUST ITS MOVEMENT THRU ITS BANKING SYSTEM. YES, IT DID RV A WHILE BACK AND NOW WE AWIAT ITS INTERNATIONAL RELEASE. WE HAVE COME ALONG WAY AND WE ARE FINALLY THERE.
6-26-2012 Newshound Guru Enorrste This week should be decisive on the Maliki issue. If so, our RV could be only days away. I'm convinced that Shabibi wants it done either with or right after the Tariff Law goes into affect. I suspect that by the end of this week we should have a pretty clear picture. We've waited this long, so a few more days won't hurt us, right?
6-26-2012 Newshound Guru SWFloridaGuy Many overlook the psychological aspect and simply focus on the economic implications. Establishing their credibility is also a major factor, not only with their own citizens but also with international capital markets. Iraq must revalue their currency if they ever hope to be respected as a borrower and a location for private investment in the eyes of global capital markets. This is NOT going to be a case of redenomination. The Iraqi dinar is not being recalibrated due to years of struggling with hyperinflation. They are one of the wealthiest countries in the world and soon their currency will reflect that. These foreign central banks that have invested so heavily into the reconstruction of Iraq will prosper and Iraq's debts will be paid. ["continued in post 3...stay tuned"]
6-26-2012 Newshound Guru Mike Remember...the key here is that we really do not care who runs their government per se - it needs to be set up with the Strategic Counsel or however they set that up - that needs to be inplace - once that foundation is in place and the 140s are voted on and the rules are voted on then you're there. You've got Parliament changing and saying we need to get these things done for our people.
6-26-2012 Newshound Guru Enorrste I will state that I believe we are very close at this time...while we have speculated on timing now and then, we aren't so bold as to name an actual date. We always keep the door open since the situation is "fluid" and involves a great deal of politics. We are confident, however, that the trigger could be pulled at any moment now. Shabibi is on record that "all preparations are complete and we are only awaiting consensus among parliament and the government to move forward". ["continued in post 2...stay tuned"]
6-26-2012 Intel Guru Bluwolf THERE WAS A TIME WHERE 1.49 WAS A BLESSING,THEN 3.22 WAS A BLESSING, NO WE WILL BE BLESSED WITH DOUBLE DIGITS, JUST WAIT AND ACCEPT THE END NUMBER...I CANNOT SHARE THE RATE NOR THE DATE, OK, I WANT IT DONE SAFELY AND QUICKLY...SO THAT IS WHY WE DO NOT SPEAK..PLEASE UNDERSTAND. IT IS NO LONGER IN IRAQS HANDS. THERE POLITICAL ISSUES ARE OF NO CONCERN FOR THE INTERNATIONAL RELEASE. IRAQ IS JUST WAITING FOR THE INTERNATIONAL RELEASE JUST AS WE.
6-26-2012 Newshound Guru SWFloridaGuy There was an excellent article released. "The Iraqi Parliament and the Finance Committee supports the Central Bank of Iraq (CBI)’s efforts to revalue of the Iraqi Dinar through the removal of three zeros from the currency. The removal of three zeros is expected to raise the value of the Dinar as well as facilitate dealing with the currency and the payroll system in the country." No country has ever accomplished what Iraq is about to. They have reached this stage with a lot of help and I propose this is by design and all part of the ingenious reconstruction plan for Iraq. Economic policy is influenced by international capital markets and also by foreign central banks. This revaluation is how the government of Iraq will reassert monetary sovereignty, dedollarize and and give the citizens confidence in the national currency. ["continued in post 2...stay tuned"]
6-26-2012 Intel Guru DinarWishes Well Peeps things look really great for this to come to a close.
6-26-2012 Intel Guru BWM we are EXCHANGING CURRENCIES... something that happens everyday for travelers going to and from country to country... IF we sold the currencies in our banks AND CURRENCY exchange locations (not collectives exchange locations) then we can safely dictate that unless the currency is declared NON TRADABLE by OUR government then we will continue to exchange the dinar for dollars.
6-26-2012 Intel Guru Hammerman Last night 48 media organizations were closed down in Iraq then an additional 11 were ordered to shut down. They are trying to keep information from getting out. Iraq passed 20 laws, 6 of them were related to the RV over the weekend. 3 more were passed today [Monday]. Also, the CBI put some articles stating that they were doing a test run, 2 day trial period on the smart cards. They also said to prepare for new coins and new bills on the street. The HCL and Erbil were both done on Friday according to my sources. Point blank, it's a finished deal. It's a finished, finished thing. Over done.
6-26-2012 Newshound Guru Mike We have seen articles about Maliki trying to take Najafi out and other things going on. One of the things Maliki did is close 44 news agencies in Iraq. These things are starting to weigh very heavily on all of the political peoples minds...because it is looking alot like Sadam and what a dictator would do - Shut down the news, etc...thats why the news has been very sketchy and crazy lately...We are looking forward to things happening - this could be an exciting next couple of days...be prepared for anything to happen on the government side.
6-25-2012 Intel Guru Blaino Over the last 48hrs I had confirmations from the CBI that this was done on Sunday the 10th. Then the in-fighting came and delayed it. It's happened 4 times since the 10th but they are getting closer.
6-25-2012 Intel Guru Hammerman China is really under the gun to get this done. All documents are signed. The RV is set for a worldwide announcement. I would think they would get this done by Thursday. It doesn't have to be done by Thursday but my contacts told me that 23 countries will RV by Friday and the main ones are Iraq and Vietnam. I can't prove this but it's what my solid sources are telling me. The dong will be in the mid teens with or without Iraq. The dinar will be closer to the RI rate. ["continued in post 2...stay tuned"]
6-25-2012 Intel Guru Bluwolf ALL HAS BEEN QUIET TODAY AND THAT IS GOOD, ISSUES HAVE BEEN TAKEN CARE OF AND WE STILL ARE WAITING FOR WORD FROM OUR SOURCES...ALL HAS BEEN SAID, ALL IS GOOD. THE BUYING OF TIME HAS REACHED IT'S LIMITS. THE JOURNEY WILL BE OVER SOON.
6-25-2012 Intel Guru Okie_Oil_Man THINGS ARE PROGRESSING--NO--NOT AS FAST AS WE WANT BUT WE ARE NOT IN CONTROL OF THE PROCESS AND THERE ARE STILL ISSUES (SECURITY WISE) THAT ARE BEING ADDRESSED AND HANDLED. SECURITY OVER EXPEDIENCE IS OF PRIME NECESSITY. REMEMBER--EVERY DETAIL CANNOT BE SHARED PRESENTLY.
6-25-2012 Intel Guru Footforward SOME PEOPLE ARE SAYING WE WILL HAVE TO GO TO IRAQ TO CASH OUT, OR THAT THE RV WONT HAPPEN AT ALL...I CAN ASSURE YOU 100% THESE THINGS ARE TOTALLY FALSE AND ARE IN NO WAY SHAPE OR FORM TRUE. IM STILL LOOKING FOR THIS ANY TIME. LOOK AT WHATS GOING ON WORLD WIDE. SOMETHING HAS TO GIVE AT SOME POINT.
6-25-2012 Intel Guru BWM let's put the whole "iraq doesn't have to honor the dinar cashin" scheme...first of ALL...UST regulated banks SOLD the dinar...UST regulated banks will BUY the dinar back...SO, that would exhibit the distinct FACT that the U.S. government RECOGNIZES AND HONORS the Iraqi dinar... then you understand that currency OUTSIDE of the ORIGINATING COUNTRY are covered by the COUNTRY HONORING the CURRENCY WITHIN IT'S BOUNDARIES...bilateral or not, the FACT that the U.S. Banks recognize the dinar means they RECOGNIZE THE CURRENCY. ["continued in post 2...stay tuned"]
6-25-2012 Newshound Guru Mike Najafi realized that he has the votes he needs...they had more than ever attend the Parliament session - almost more than in the history of their Parliament...they realized they had est. 176 votes and some people defected In order to go ahead and pull the No-Conf vote with Maliki...we have heard some rumours that the Minister who was in there from the National Alliance may be nominated to go thru but the big thing is the Strategic Council which is where all of the power is going to lie and that is who is going to take the power away from Maliki...This is the power he does NOT want to give up...so there is some speculation in some articles we are reading...They May be willing to go into a National Conference and come out and announce their government very soon.
6-25-2012 Newshound Guru SWFloridaGuy European and Asian countries have shown interest in investing in Iraq. European countries and the Asian desire to invest in Iraq on the sidelines of the Bank for International Settlements, which was attended by Central Bank Governor Shabibi. "The meeting of the BIS has seen several discussions and a file is present in Iraq's economic international discussions" said Shabibi, "The States present at the meeting expressed a significant interest in the economic future of Iraq. The representatives of a number of countries told us that they want a stable Iraq as Secretary so we have areas of good investment."
6-25-2012 Newshound/Intel Guru BGG This is not a bad investment, this is a once in a lifetime investement. No matter how the issue with Maliki gets resolved it will be a great deal for us and will lead to power sharing. One of the things Iraq has to do to get out of Chapter 7 is get their currency in order. Tariffs being implemented before a RV would make life more difficult without a RV but the RV is not a requirement for them going into effect...smart cards being out will not trigger the RV. Things are happening and moving in the right direction. This is going to happen long before September...things are happening very quickly.
6-25-2012 Newshound Guru Med I AM WATCHING WHAT IS GOING ON IN IRAQ SAME AS YOU ALL ARE. I ASKED A ? EARLIER - WHEN IS A DEMOCRACY NOT A DEMOCRACY ANYMORE, WHAT IS THE FIRST SIGN? THE FIRST SIGN IS WHEN YOU STOP FREEDOM OF THE PRESS AND BY KICKING OUT ALL THE FOREIGN NEWS AGENCIES YOU WANT TO HIDE SOMETHING OR YOU ARE BUILDING UP FOR SOMETHING AND YOU DONT WANT FOREIGN PRESS WRITING THE TRUTH.
-25-2012 Newshound Guru Mike This is where we believe we are at...we want to see the government seated and ...140 definitely needs to be in place...so they can figure out who is signing the contracts - where the power and money is going to lie so that they know how they can guarantee those contracts....not screw up their business...not have the government and themselves sued. Remember they are a bank so they have alot of liability
6-25-2012 Newshound/Intel Guru BGG They are giving him (Maliki) one last chance to get it right...if Maliki would meet and fully implement – it “would end” the crisis...if he would do what he has to it could happen – will it?? I do think the opposition is still moving ahead with their plans because they have been through this with Maliki before...be watchful if Talibani resigns or is replaced. This will place MASSIVE pressure on Maliki. If Maliki is serious about a deal – he better hustle.
6-25-2012 Intel Guru Okie_Oil_Man THERE ARE MANY POSITIVE THING'S GOING ON BEHIND THE SCENE TODAY. EVERYTHING IS PROGRESSING POSTIVELY. I AWAIT THE AUTHORITY TO POST FROM THE P.T.B.--I AM AS ANXIOUS TO POST AS YOU ARE TO RECEIVE THE POST.
6-25-2012 Newshound Guru Mike great information from CBI...Tariffs…Smart Cards…Islamic Banks…Single Window System...Full Speed Ahead!!! “Iraq’s Central Bank announces new cash withdrawal system” “Has announced the start of a national distributor system in the country, which will allow card holders to withdraw money from any bank in the country without depending only on the the bank that provided the bank card”...awesome article...ATMs all across the country...just like the banking system here.
6-25-2012 Intel Guru BWM there was a LOT of information this weekend...VERY good information and some REALLY good smoke...the heads up won't come from the market IMO as they will occur simultaneously...there was speculation in the past that if the markets reached certain "targets" then we would have an RV... but we have reached all those benchmarks and nothing happens...and the market watchers tend to say well "it's never been like this" well of course not... nothing like this has ever happened so we just have to wait and see how it shakes out.
6-25-2012 Newshound Guru Mike Shabibi in Switzerland…and on his way to London…giving his opinion on what he has done and how he has done it.
6-25-2012 Intel Guru BOBGETZ6 this might go to 7-1 to 7-5, but hoping sooner. Heard rumblings again last night, but no cigar.
6-25-2012 Newshound Guru Mailman17 LETS FACE IT…IF YOUR ABOUT TO COME OUT WITH AN RV AND MAKE THE DINAR THE MOST VALUABLE CURRENCY IN THE WORLD…NOW I SAID VALUABLE..NOT HIGHEST, YOU NEED STABILITY IN THAT GOVT TO SEE IT PROSPER. THAT’S WHERE I THINK THEY ARE, WITH GUIDANCE OF COURSE FROM OUTSIDE INTEREST. THE DINAR MUST REMAIN STABLE AND MALIKI JUST DOESN’T CUT IT.
6-25-2012 Newshound Guru Kaperoni Central Bank announced new steps that will raise the value of Iraqi dinar against the dollar. The deputy governor of the Bank Mazhar Mohammad Saleh..."this requires the availability of several factors Kalnhod the agricultural sector, industrial and services sector and investment."...they are fully aware of the dangers of waiting on this project…Now we see the crossroads Iraq is at, The significance of the currency reform and the reason for the aggressive timeframe. We are very close.
6-25-2012 Newshound Guru Mailman17 WE ARE AT A MINOR STANDSTILL BUT A VERY MUCH NEEDED ONE CAUSE ITS SOLUTION WILL HAVE FAR MORE RAMIFICATIONS THAN JUST CHANGING OUT THE PM. THEY GAVE HIM THE CHANCE…IMPLEMENT ERBIL HE SAID NO, THEY GAVE HIM A 10 DAY EXTENSION HE SAID NO, 7 MORE DAYS HE SAID NO. SO NOW AS MUCH AS IT KILLS US TO MAYBE WAIT THIS OUT A BIT LONGER, AS IT MOST LIKELY DOES SHABS, IRAQS GOVT LOOKS LIKE THEY JUST MAY CLEAN A LITTLE HOUSE.
6-24-2012 Intel Guru Blaino Shabibi and Maliki took seperate planes to Switzerland to meet with the BIS. This is a big deal. They may do an RI then allow the forex to trade it up and then Shabibi steps in and make it a managed float. Iraq does have a government already and they are sovereign. The ministers are already there, their names have been painted on the door for a long time. China is the big elephant in the room that has been quiet for a long time. I think the tariffs are a really good marker and indication that the RV is coming although it's not directly related. Being out of Chapter 7 is not a requirement for the RV.
6-24-2012 Intel Guru Hammerman Shabibi & Maliki have flown to Switzerland meeting with the BIS. From another contact, they are adjusting rates, do I know they are adjusting rates for sure, no. I believe this will be done before the 9th of July...the dong before the end of the month [June], can it change, of course it can. I can confirm 100% 15-18 whales have cashed in on the RV inside of the USA!!! They have cashed out with private firms. I can't tell you who but I can confirm 100% as fact that happened. They left with a cashiers check.
6-24-2012 Intel Guru Footforward THIS CAN GO ANY TIME AND ARE LOOKING FOR IT BETWEEN NOW AND THE END OF THE MONTH.
6-24-2012 Newshound Guru Duckyboy As you can see, not much has changed in forming the GOI. Has it happened in secret? I doubt it. Banks are not in control of the RV, Iraq is and the same is true for the dong. Bottom line is that we don't know when this will happen...The only thing that can be done is to wait. You will know when it happens.
6-24-2012 Intel Guru Bluwolf THIS INTERNATIONAL RELEASE IS A COMPLICATED AND VERY IMPORTANT ISSUE THAT MUST BE MET WITH THE UTMOST ACCURACY...IT ALREADY RV IN THE PAST...NOW WE AWAIT FOR THE INTERNATIONAL RELEASE OF ALL CURRENCIES. THINGS ARE ON A SECOND TO SECOND BASES RIGHT NOW, THAT IS HOW CLOSE WE ARE. BELIVE ME I AM NOT BEING MISLEAD. I AM NOT AND YOU ARE NOT...NUFF SAID.
6-24-2012 Newshound/Intel Guru BGG The bottom line is – and always has been – Maliki is scared to death that once he actually “shares power” the others will have their way with him. I have a funny feeling he’s trying to garner support so he either stays “as is” or is able to remain PM once he fully implements all agreements. I imagine he’s pretty justified in his fears. He’s treated everyone badly. So, the long and the short of it is – now or later. He’ll probably pay the price and that’s what he’s really worried about.
6-24-2012 Newshound Guru Kaperoni there will be no WTO for Iraq until they get the currency more in line with the USD and accept the conditions of Article VIII of the IMF Guidelines. The good news is that we don’t have to concern ourselves with WTO as the currency reform will come prior. These are big hurdles for the CBI, but clearly in recent days, we can now see there significance of why Dr. Shabibi wants to move forward now. ["continued in post 3...stay tuned"]
6-24-2012 Newshound Guru Enorrste Obviously, Maliki isn't going to just "resign" unless he has cut a deal...And what kind of deal could he cut? It seems to me that he has burnt his bridges with Barzani, Allawi, and Sadr. All three have called him a dictator, So he isn't going to win over any souls with "negotiations" at this point, Imo. If I were a betting man right now I'd say that he will refuse to leave office, claiming some right to appeal. He will do so under the "banner" of being constitutional, when in fact he will be proven wrong. Then we must hope that the voice of the people, through Parliament, clears the air constitutionally because, if he gets a hearing in front of the Court, all bets could be off. On the other hand, if Parliament acts immediately to replace him after the vote, which they have the right to do...then there will be a New Prime Minister named immediately, and the country will move forward, or not...This is the real conundrum.
6-24-2012 Intel Guru Bear5642 I'm hearing this RV has been completed and hopefully Parliament will come together Monday and we should see something. 13 laws were implemented this weekend and 6 were about the RV. It is all great news and in our favor.
6-24-2012 Intel Guru Jonnywg there have been a few setbacks in this elusive RV and those issues have been worked through...we hope to see this in the next few days...I personally feel things should be wrapped up by the end of this month-- meaning, I expect this to be done and over with by the end of the month--next week....please don't misinterpret that statement.
6-24-2012 Intel Guru SWFloridaGuy the SIGR report...stated the economic reforms had been delayed due to political tensions. Nothing in this is guaranteed but the hope is as soon as the political crisis is resolved and we see announcements of Erbil, HCL, Ministers and the Strategic Council, there will be adequate stability and no remaining obstacles left to overcome from a political standpoint. These are just my opinions, which may or may not be correct.
6-24-2012 Newshound Guru Kaperoni In recent days we have seen numerious articles from the CBI about how “all prepartations are done” and that they want to the GOI and Council of Ministers to come onboard and support the CBIs plan. We are starting the see the tremendous burdon on Dr. Shabibi to take the dinar to an “international” level. That without his monetary reform, there is no WTO, no free market economy and limited economic improvement. ["continued in post 2...stay tuned"]
6-24-2012 Intel Guru FreewayBill Get your affairs in order as time draws near for the end of all of this. As we all know, we cannot be sure of the exact day or time but we know that each day gets us closer and that is because things are happening that needed to happen in our own system and those abroad. Okie is not crying WOLF...not this time. GOD BLESS OKIE for cooperating with those up high.
6-24-2012 Intel Guru Bluwolf NO STALLING,,,NO HOLDUPS, NO DELAYS, WE WAIT FOR THE CALL, WE ARE IN A VERY GOOD POSITION AS WE SPEAK.
6-24-2012 Newshound Guru Enorrste the ball is now in Maliki's court, and he has few options left. I also read that a "resolution" is in the works, but time is running short. As I've stated before, the Constitution is clear that he has no right of appeal if they vote him out. I believe that we will see a resolution, one way or another, by early next week. This is consistent, Imo, with Shabibi's overall plan to get this thing off the ground coincidental with the implementation of the Tariff Law. I personally think he may try to do this a day or even a few days prior to the 30th of June, so that the currency is Done at $1 prior to implementation. This would smooth out any potential problems with the "folks" on the ground, and pull the rug out from under economists who have bantered for incessant delays.
6-24-2012 Intel Guru SWFloridaGuy The SIGR report states Iraq's currency reform project, the goal of which is to raise the exchange rate of the IQD to a level just less than equal to the USD, has been postponed due to political tensions. I still believe in a RV 100%. I just don't think we should expect a high rate initially and, in actuality, that would be a dramatic change that would have global financial implications of historic proportions. My money is with the SIGR report until I hear a good rebuttal as to why I should disregard it. I'm also still of the belief that a RV depends upon inflation and stability.
6-24-2012 Intel Guru Footforward NOT HEARING MUCH INTEL...THERE JUST ISNT MUCH TO TELL REALLY...CAN BE ANY TIME. WE ARENT GOING TO KNOW EXACT TIMING...WHEN I SAY THIS CAN GO ANY TIME THERE IS A REASON FOR THAT... I HAVE A CONTACT DIRECTLY INVOLVED IN THIS. MY CONTACT WAS SHOCKED IT WASNT DONE LAST YEAR. ALL IS WELL JUST WAITING FOR OUR CALL.
6-24-2012 Intel Guru FreewayBill Some long time "SOURCES" have been exposed for misinformation that they have purposely been providing to some of our best intel providers. Three letter agency sources have been feeding out lies for years, now they will be silent. This is great news! The confusion may just be less than before and I came on to tell you that I have been in sync with the news that Okie has been providing all of you for the past month. Okie IS IN FACT giving you the real deal. His information is coming from the REAL and RIGHT sources. He is being used as a messenger to all of us in what is going on, so after all this time, do yourself a favor and read everything Okie puts out. ["continued in post 2...stay tuned"]
6-23-2012 Intel Guru Studley I don't believe there is a holdup, this is a massive undertaking...this is not a normal RV...this involves not only our currency, but many currencies, reworking of banking system, and other systems of the world... and restructuring them, IMO we should be very close...I don't know the exact status, but the reworking of the EU is also very closely related to our investment...I have reports [lower denoms] are positioned in many of the banks all over Iraq. There r so many moving parts...it is very hard to see how close we TRULY are.
6-23-2012 Newshound Guru Enorrste I have actually been quite impressed that the Parliament is standing up both for the Constitution and for the democratic process. They are not threatened by Maliki at all, which is amazing. It implies clearly that they have the numbers needed to remove him, and then some. I was also amazed that they had the gonads [uhh ohh!!] to say they'd move the meeting to another province if necessary. Clearly a statement that they weren't threatened by Maliki's removal of the Krails in front of the Parliament building. In short, they are saying that democracy will prevail. But even more importantly, to me, is the fact that several Mps have come out directly and stated unequivocally that Maliki Will Be Removed.
6-23-2012 Intel Guru Bluwolf THE FACT IS THAT WE NOW AWAIT FOR THAT ILLUSIVE PHONE CALL. IT IS APPARANT THAT WE SHALL HAVE SOME INFO BEING RECIEVED SOON, AND I WISH FOR ALL TO JUST RELAX FOR YOU SHALL BE SURVED ANY SECOND NOW.
6-23-2012 Intel Guru BOBGETZ6 I felt the rumblings of the earth yesterday of what was to be an exciting evening and a certain rv. Much excitement abounded and for only two, out of all the times I have been told it was going to happen, I admit I was almost excited. I awoke again to dashed expectations. I hope that Oakie's post is correct and we are rid of the foxes and this can now go forward. However, there always seems to be some lame excuse as to why it has not. As I have always said, there is that unknown piece of the puzzle that doesn't quite fit, and I am ready to become a puzzle piece maker.
6-23-2012 Intel Guru Okie_Oil_Man A fox…Bad Entity…was trying to get into hen house last week but the farmer...Good Entity...is dealing with the fox. The farmer is protecting the dinarians…good will prevail! The Good Entity has made it very clear that they will not release this until they know the money will be safe once you have exchanged your dinar. No one cashed out last week. Many were led to believe that someone cashed out…but please know that the bank said, “NO ONE HAS CASHED OUT” at the bank. What you heard about were a third party side deal…be very careful! DON’T GIVE UP - this will be done at some time because Iraq needs a tradable currency. OKIE HAS GOT YOUR BACK AND IS UP TO THE MOMENT ON INTEL -- WILL SHARE WHEN AUTHORIZED.
6-23-2012 Newshound Guru Bondlady putting someone in the minister of defense...imo is harder to do than the hcl and art 140 both and i totally understand this dilema...whoever holds that holds iraq in there hands. Obedi ...was accepted by all...was 100% accepted by EVERYONE. Allawi...doesnt want progress...he only wants destroy the Maliki gov...he wouldnt have pulled his name back at the beginning when they all acepted him, he had just found out he wouldnt get supreme council post so he began to stir crap and stop any other kind of progress, so he pulled Obedis name out...the hcl had been being done, many of the points were being worked on to implement, but when he jerked back Obedi, that stopped all progress, imo.
6-23-2012 Newshound Guru Med US BANKS DONT HAVE THE LOOSE LIPS LIKE WHAT HAS GONE ON IN IRAQ. AT ONE POINT THE US BANKS HAD A WATCH AND BELIEVED IT WOULD REVALUE THAT WAS 09, IT IS 12 NOW THEY WONT BE TAKEN SERIOUSLY UNLESS THEY SHOW THEM THE MONEY, THAT IS ALL BANKS CARE ABOUT. IF WALL STREET IS WATCHING...I AM SURE THE BANKS ARE.
6-23-2012 Intel Guru BWM there has been a great deal of speculation in the last 24 hours about where we are...the information is still good. THIS IS BEING CONTROLLED AND while we get a bone thrown to us every day, we are still subject to the changes and delays that get thrown at us the same time, they are giving us "expectations"... my expectations have not changed...I continue to "look" and prepare for this to arrive at the earliest possible opportunity...however long that takes.
6-23-2012 Newshound Guru Vic1 IF TALABANI DID RESIGN THEN TAREK AL- HASHEMI WOULD BE PRESIDENT RIGHT? THEN THAT WOULD BE MALIKI'S WORST NIGHT MARE!!! THINK ABOUT THAT, THE MAN HE WANTS TO ARREST FOR TERRORISM IS WHO TAKES HIM DOWN, FUNNY!!
6-23-2012 Newshound Guru Doc So where do we stand ? Simply stated the GOI must become functional which looks like a seat GOI and Ebril resolved. As we see this we are convinced these other issues should as Chapter 7 will be resolved quickly. At this point Shabibi will be in position to pull the trigger. If we look at recent statements by the UNSC and the CBI it appears they believe it will be 4th quarter 2012 at the earliest before the GOI can get it together. The next UNSC meeting is then and if Shabibi want to start dedollarization before the new currency hits is issued the RV will need to happen then. We report, you decide.
6-23-2012 Intel Guru Bluwolf TEST ARE BEING DONE TO SEE THAT ALL TRANSACTIONS COME OUT WITH ALL THE SECURITIES IN THE BANKING SYSTEM, IT IS BETTER THIS WAY. THE LONGER THE WAIT THE HIGHER THE RATE...NO HOLDUPS...WE NOW AWAIT THE INTERNATIONAL RELEASE...WE ARE ON FINAL COUNTDOWN...WE ARE SECOND BY SECOND.
6-23-2012 Newshound Guru Bondlady kurds [are] saying were not gonna give up on art 140 an hcl...what have we been seeing in the news...hcl ready for vote...art 140, billons dinar being pd out on it...like ive said for 2 yrs... kurds will get the majority of there way...allawi will maybe get some.
6-23-2012 Newshound/Intel Guru BGG Looks like we could have the session [emergency session of parliament] started in Arbil as early as Tuesday. This is spectacular news!! If this happens without Maliki having done a deal – my take is…he is completely “porked”. There is no way he survives. I had alluded to the fact a Parliament session on Maliki could happen Thurs/Sat/Sun and then we hear about some outcome Monday or Tuesday – but Tuesday is fine. I don’t mind being off a day or two here and there.
6-23-2012 Newshound Guru Vic1 THE EXCHANGE RATE IS OUTSIDE OF ANY COUNTRIES BORDERS! NOT INTERNAL! THE PURCHASE PRICE IS EFFECTED IN COUNTRY! THE EXCHANGE RATE IS THE PRICE AND WORTH OF ANY COUNTRIES CURRENCY ABROAD!
6-23-2012 Intel Guru Bluwolf No intel from banks for they are on a gag order, no intel being shared by providers for they have been told that someone is leaking out information, so now all communication has stopped and all is in total silence. This is the situation folks but nothing has changed.
6-23-2012 Intel Guru DinarWishes I think this quarter is one of the best Ive ever seen...Markets are going crazy...Precious metals and oil and all of the "Assets" are getting ready to rebound and rebound hard...Hmmm why do you think that is?
6-23-2012 Newshound Guru Doc Several have rightly pointed out that the CBI had indicated earlier dates for issuance of the new currency but those dates have come and gone. We must remember too Shabibi has stated numerous times he needs to see certain actions by the GOI before he will pull the trigger. These actions revolve around a stable political climate and include a fully seated GOI, power sharing, Ebril, etc. Everyone of us knows that Iraq isn't there yet. Our opionion is Maliki is the main issue with this in that his lack of follow through to his commitments were highlighted in the recent report to the UNSC. Remember too Shabibi knows that a major driver of currency stability on the world markets is political stability. ["continued in post 3...stay tuned"]
6-23-2012 Newshound Guru Adam Montana to put things in perspective for you - "RV" stands for "Re Value", which is a term used mostly by investors like us. We don't expect Iraq to announce a potential "RV", so the most we can expect them to say is "increase the value"... which they do say, and they say it frequently.
6-23-2012 Newshound Guru SWFloridaGuy It's my opinion that we're going to see the zeros removed and the exchange rate raise somewhere on par with the USD, like the SIGR report suggested. Over time this may raise to become the strongest currency in the middle east (which includes more factors than just the highest exchange rate) but initially 1:1 is a huge jump and if it revalues the way we want it to, presents many challenges in and of itself. These are just my opinions, which seem to be evolving over the years and I absolutely could be wrong. I'm just hoping for the best like everyone else.
6-22-2012 Intel Guru Bluwolf RV WAS DONE MONTHS AGO NOW WE WAIT FOR THE INTERNATIONAL RELEASE. I DO NOT THINK THAT THERE WILL BE A ANNOUNCEMENT...I FRANKLY THINK THAT IF THESE PEOPLE IN POLITICAL POWER DO NOT LEAVE THERE MACHO EGOS AT THE DOOR THAT NOTHING WILL BE RESOLVE...LOOK AROUND YOU IF THEY DO NOT GET DONE ALL THE WORLD WILL FALL IN DEEP DEPRESSION WITHIN A WEEKS TIME...ALL WE WAIT FOR IS FOR THE CALL.6-22-2012 Intel Guru DinarWishes one would think the pressure is starting to really build for some kind of movement...Now I know alot of people are saying this person or that person has gone to Reno and cashed out...This is untrue...You may ask " how do you know???". Because I know the people there waiting.
6-22-2012 Intel Guru BOBGETZ6 Today is looking good thru very early Monday morning, but we have been there before. Feeling pretty solid, but who knows?
6-22-2012 Intel Guru Okie_Oil_Man THINGS APPEAR TO BE HAPPENING...WILL KEEP YOU INFORMED AS I GET DETAIL'S...THE GRADUATION FINAL POST IS BEING COMPOSED AS I SPEAK.
6-22-2012 Newshound Guru Doc If you listen to the CBI then all the other noise out there becomes irrelevant. So the real question that should be asked is what is the CBI indicating currently. A recent article pretty well summed it up as the CBI was quoted as saying the new currency will be issued by the first of 2013, the old currency will coexist with the new currency for one year and they want the value will be on par with the dollar. This pretty well should end the LOP debate in that they will not have a different exchange rate for the old and new currencies. It also should end the debate of these super high ($3+) rates. If anyone tells you these high rates are in the budget simply ask them to show you in which paragraph and which line it is stated. Our MBA members have reviewed the published budget line by line and found the only stated exchange rate is the program rate of 1166. ["continued in post 2...stay tuned"]
6-22-2012 Intel Guru Bluwolf Today we get the big picture of how this rv movement is being staged. 1- no real solution in G-20 meeting just a mandate. 2- no stimulus from the Fed. 3- moody down grades 15 world banks 5 in the U.S., this only spells out world depression and the media is not denying it. So now what next? What more must be staged for the rv to come out? Imo nothing else, we are at the best position ever. But all must be accomplish before war sets in the Middle East and judging by the news it is very close by.
6-22-2012 Newshound Guru SWFloridaGuy They do need to educate the public of the upcoming changes though and the only way I can see doing this is by saying they will introduce a new currency with the zeros removed and reference countries in the past who have gone through a RD. It would be implausibly foolish to reference Kuwait and tip their hand to the world. Shabibi is by no means a foolish man. Iraq does not have hyperinflation and they are one of the wealthiest countries in the world. This plan has been in the works for quite some time and no one wins unless they revalue. ["continued in post 6...stay tuned"]
6-22-2012 Intel Guru DinarWishes I must say last night was a bit interesting with what happened to the metals market yesterday and the Banks (all but WellsFargo) were downgraded...Bank screens were doing some un-usual things late last night...I am speculating here, but with that happening I know it puts pressure on the "SYSTEM" to ratify quickly...Nobody knows when this is to happen, and in the wake of turmoil it starts to look bleak...I feel it will look even worse before it starts to look better...My opinion is that it is in the best window as it sits now.... if it goes past June I wont be looking for it till December.
6-22-2012 Intel Guru ArizonaHeat i know art 140 was implimented. not sure if the HCL is 100% done, i do know that Exxon pulled its drilling out of the Kurdish area, and that the kurds are planning thier own pipeline to deliver oil, that isnt going over too well with the Iraqi leaders. i dont believe any news coming out of Iraq, everyone was saying (maliki was out) and that never happened, so its tuff to say whats right and wrong. with the BIS saying that they signed off (as they do every quarter) on their audit seems that the end of this quarter (june 2012) seems like a great window...as far The IMF, ive heard that they have also agreed to several different adjustments and rv of currencies, i just cant see all this happening without a dramatic end.
6-22-2012 Intel/Newshound Guru Poppy3 I have received reports over the last three days confirming that their Minister of Finance will not let the VND go past the end of this month without the RV, per three different sources. Also, no telephone calls have gone through from the brokers in NY to Viet Nam in three days.
6-22-2012 Newshound Guru Randy Koonce Just because I have not said much in the last couple of weeks does not mean all the other crap like the .86 and the printing of the currency is true...the articles of the printing came out in 2007 and it is just a reproduce article...the .86 is still just a misinterpreted article that the western people have picked up...The .86 will not let the budget open so that will not happen...only a number to make the budget balance lets the budget open...that is one reason the US has not got a budget in 3 years.
6-22-2012 Newshound Guru Adam Montana regarding Chapter 7 - they don't have to be out to RV, but they do need to be out to protect themselves. Therefore, I don't think they will RV until right before or after they know a release from Chapter 7 is happening. And to further nail that opinion down - I don't believe they will RV until AFTER the Chapter 7 issue is handled, because they would be screwed if they RV'd and then for any reason the Chapter 7 release was not approved.
6-22-2012 Newshound Guru Scooter I see many changes in 2013. The part that I liked was the line that discussed the new currency. It translated weird -- but it's very intriguing to see the timing and release of this information from the council of ministers. They will deploy a HYBRID solution, they will introduce the lower notes and methodically suck in the larger notes. While at the same time increasing their CPI values of products and goods. The real question will be their economy and how well they diversify and begin their primary bond market. Those will determine the sustainabilty of any rate. If you remember the World Bank reform program for Iraq concludes in October of 2013. So, I can see them start to introduce the new notes in 1st or 2nd quarter of 2013 and start the process. It could be sooner than that if they have the printing presses rockin those notes out.
6-22-2012 Newshound Guru SWFloridaGuy Shabibi himself said in DC, when it comes to the possibility of a revaluation of the IQD, it depends upon inflation, stability and is something they must hide from the public, for obvious reasons. More than just hide from us though, with the attention this has received it's imperative to the process to actively suppress anything that supports a revaluation and their goal is (and should be) to throw us off the scent. ["continued in post 5...stay tuned"]
6-22-2012 Newshound Guru Med IF THE FACTS ARE TRUE THEN THE END DATE IS 1/1/2013, END DATE AS IN THE ISSUE OF CURRENCY, WHICH SHOULD NOT MEAN ANYTHING TO US SINCE THE ISSUE OF CURRENCY IS TO PROCEED AFTER THE NEW RATE. A TIMELINE THEN, BASED ON THE DATE OF ISSUE AND IF THE NEW RATE SUPERCEDES THE ISSUE THAN WE HAVE 193 DAYS FOR THEM TO REVALUE THE DINAR ANY TIME DURING THAT 193. IT IS JUST COMMON SENSE NOTHING MORE AND BASED ALL ON FACTS AVAILABLE.
6-22-2012 Newshound Guru Randy Koonce The National Meeting to announce the Ministers and strategic counsel and as the articles have been saying they are working on those things. Why after going so fast to just stop...Well the only thing I can say is when Biden went over there everything has slowed to a crawl...So it is telling me that Obama stepped in and slow the process for Maliki to obtain support to remain Prime Minister...we still are looking for the National Meeting.
6-22-2012 Newshound Guru Adam Montana the IQD has been removed from most banks because there was so much confusion and uncertainty about it. Once the new notes are introduced and the world sees that the value has indeed gone up, and is continuing to go up and stabilize, I have no doubt that our local banks will resume trading it. ["continued in post 7...stay tuned"]
6-22-2012 Newshound Guru Mike “Poll likely to withdraw confidence from the success of Maliki” SURVEY SAYS...We’ve read several polls come out lately...We just thought it was unique that he doesn’t have as much people support as he thinks he has...they start to bolster this thing and you start to get people that are less afraid and if they know this is going to happen and he is going to go away…then it is going to be good.
6-22-2012 Newshound Guru Scooter I hope these banks are now ready to reboot. They like June 30 for some reason, not certain exactly why that is. This is a major structural benchmark for the Iraqis. HUGE IMO. It's been on the list of things to complete sinced the 2006 MOU (Memo of Understanding). They had so many accounts out of control it was terrible. Ernst and Young reported it was the worst case of a bank audit they had ever seen but that was back in 2007. Too much corruption, too many open accounts all over the world. Imagine if you take those two government banks that do over 85% of all the countries transactions and you now clean the books up and Re-Value/Devalue their assets, they've essentially changed the valuation of the whole country and that to me is a starting point. ["continued in post 2...stay tuned"]
6-22-2012 Newshound Guru SWFloridaGuy The CBI shall make appropriate arrangements for the issue of its banknotes and coins as required for circulation in Iraq. Banknotes and coins issued by the CBI and intended for circulation are not promissory notes , bills of exchange, or any other type of commercial document under the applicable commercial law, and the CBI is obliged to honor them only as provided for in this law. We've seen articles that point to a redenomination and that is exactly what we should expect to see. ["continued in post 4...stay tuned"]
6-21-2012 Newshound Guru Randy Koonce I am dropping a note to bring you up to speed with where we are at. The last letter and call said that Maliki had to do 3 things. 1. Announce GOI 2. Resign 3. No Confidence vote. ( I do not believe that Maliki will go through that.) Since there has been no movement on what has happen there has been no need for a call. We are still looking for the same thing. ["continued in post 2...stay tuned"]
6-21-2012 Newshound Guru Adam Montana while we all want to make a TON of money - none of us should be mad if we only triple our investment. In my opinion, the value of the Dinar is going to keep going up. The only unknown is "how far up?" Based on that, it seems to me that the only way one can lose money on the IQD is to sell it now, at a price lower than what you paid for it. ["continued in post 6...stay tuned"]
6-21-2012 Newshound Guru BGG a very, very interesting turn of events...from the news conference today... He’s [Nijaifi] basically telling Maliki to put the barriers back in place or they will move Parliament and hold it someplace safe. He will be interrogated (at a minimum) - one way or the other. Though there are conflicting reports out...Sadr seems to think there is plenty of evidence to bring Maliki to ruin. This would not surprise me at all!!
6-21-2012 Intel Guru Bluwolf THERE ARE NO DELAYS OR HOLDUPS...ALL HAS BEEN DONE FOR AWHILE...LIVING A SECOND BY SECOND TIMEFRAME, SO RELAX THIS RIDE WILL STOP SOON.
6-21-2012 Newshound Guru Mike “Trade Bank of Iraq initiate a project linking all private banks and one system” Great article...one of the reasons that Chapter 7 is not as relevant as it used to be was because all of these banks are working together in conjunction with guaranteeing funds coming into Iraq – the only thing that Chapter 7 holds them back from is people wanting to deal with them with because of the the stigma of it because they feel there maybe sanctions there and they might lose their money With the Trade Bank.
6-21-2012 Newshound Guru Kaperoni Almost daily the same questions arise, the same insecurities or the same fears. There is absolute proof in these forums that a revaluation of the dinar is coming. I want to make you aware of a post/chat I did some months ago pertaining to a "paper" that Dr. Bakri wrote in Iraq. This "paper" is the most conclusive evidence we have. He "matter of factly" states without question what the "present authorities have decided to change the Iraqi currency to a new currency" over the other choice which is a LOP. So, there is no guessing, no wondering, no confusion, no misdirection. It is unequivocal!
6-21-2012 Intel Guru BOBGETZ6 [new guru] I wanted to come in and say something about the rates being thrown out there today. There is no way, IMO, that the Iraq budget can be sustained with those one to one or less exchange rates period. Also, does anybody think that Iraq would come in substantially under Kuwait? I think not. As far as the end of the ride, I am convinced that we may well be done by Monday. If not, the back end, as I have heard it, would be two weeks away, July 5th. We are definately near the end...I am grounded, stable and would not consider selling my dinar nor bury my head in the sand. This is the real deal and I feel as if we are on top of the finality.
6-21-2012 Intel Guru Bulldog75 IF THIS COMES IN HIGH; AND IMHO PROB WILL; CASH OUT AND GET OUT...OOM [OkieOilMan] WILL BRING THE LATEST WHEN IT OCCURS. WE ARE AHEAD OF THE CURVE...YOU WILL BE ONE OF THE FIRST TO KNOW WHEN THIS EVENT OCCURS.
6-21-2012 Newshound Guru SWFloridaGuy The dinar is not considered a promisary note, we will be able to exchange them outside of Iraq and the CBI must be honor them at face value. Article 32 Paragraph also states that the CBI must honor them in accordance with the law. "Article 32 Issuance of currency. 1. The CBI shall have the exclusive right to issue banknotes and coins for circulation in Iraq. Banknotes issued under this Article shall be a first charge on the assets of the CBI. ["continued in post 3...stay tuned"]
6-21-2012 Newshound Guru Adam Montana Since we know the CBI plans to introduce the new currency in or around January, and we know they can't have a significant RV until they are out of Chapter 7, and we know they need a little time to resolve the HCL...doesn't it seem like everything is falling in place right at the same time? Personally, I don't believe in "coincidences" like these. It seems to be very well orchestrated, and gives me hope that things are indeed moving forward as planned. ["continued in post 5...stay tuned"]
6-21-2012 Newshound Guru BGG Maliki still has only three options are: 1) To fully implement all previous agreements – his opponents not only don’t believe him to be sincere, they aren’t crazy about letting him stay at all. 2) Resign just prior to an official vote in Parliament (which is a very strong possiblity) 3) Try to fight it – through the end of a vote in Parliament. He may well do this – but if he does, he knows the “prognosis” for winning is bleak and what comes after a loss is even more bleak.
6-21-2012 Newshound Guru SWFloridaGuy Redenomination Vs. Revaluation. I take the latest article from the Finance Committee as a great sign. They are saying the new currency "will increase by three zeros, indicating that they had an extensive study concluded that the lifting of the zeroes will strengthen the value of the Iraqi currency." Some people speculate the plan may be a redenomination, followed by an RV, where we would make a profit of around 3x what we paid. I disagree with this. Our money will be worth face value for a year. The "000" notes will be legal tender but they will not be equivalent to those notes without the "000s," which is why there has to be an effort to remove them from circulation in country, prior to raising the value. The large notes will retain their value and there will be 2 choices, trade in for lower denoms we can hold indefinitely or exchange for another currency, in our case USD. ["continued in post 2...stay tuned"]
6-21-2012 Intel Guru Bluwolf A LITTLE HISTORY...CHINA WAS CHOSEN BY THE GLOBAL BANK AND THE IMF TO BAIL OUT AND PAY FOR ALL INTERNATIONAL RELEASE, FOR CHINA HAS THE BEST ECONOMY AND THE MOST MONIES OUT THERE...THAT IS WHY THEY ARE IN CONTROL OF THIS SUBJECT. THINK FOR A MOMENT CHINA WILL NOT AND I REPEAT WILL NOT GIVE UP IT'S CHANCES OF CAPITALIZING ON BOTH THE DINAR AND THE VND, IT IS A ONCE IN A LIFETIME EVENT.
6-21-2012 Newshound Guru Breitling Every 4 months is when the U.N. security committee gets together to decide if Iraq gets out of Chapter 7 or parts of the regulations of Chapter 7, it's every 4 months, so the next one is in October.
6-21-2012 Newshound Guru Vic1 I TRULY BELIEVE...THEY HAVE PUSHED THIS AS FAR AS COULD...NO MORE...ROOM! IT HAS GOTTA GO DOWN.
6-21-2012 Newshound Guru Mike You can tell they are serious about moving forward with the Vote of No Confidence folks…This is not a dead deal…we’ve said it has just begun…lots going on – they have the ability once Parliament is in – The President of the Parliament can bring this up for a vote – I think they may try – we will have to see what happens on Thursday when they are in….so As the World Turns with Government of Iraq we get closer and closer to it.
6-20-2012 Newshound Guru Adam Montana The latest UN meeting did nothing substantial, which shouldn't surprise us. Maliki is holding on tightly, and it's becoming more and more obvious that they need to resolve the HCL soon. Once that is done, I strongly believe the RV is right around the corner. Until that is done, we are patient observers in this once-in-a-lifetime event. ["continued in post 4...stay tuned"]
6-20-2012 Newshound/Intel Guru BGG Maliki is a lot worse off than the media is letting on. There is a "full court press" on in the media by Maliki to spruce up his image...won't help though. Did you guys hear he bribed ALL the journalists who covered his recent trip to Kirkuk?? They got "promised" Gov't land grants...I doubt it ever happens...Maliki's word isn't worth much.
6-20-2012 Newshound Guru Vic1 THE NEW AMBASSADOR TO IRAQ...MCGERK STEPPED ASIDE...WHY?...BECAUSE...ALLAWI SAID...I WILL NOT WORK WITH HIM....HE WAS THERE TO GET CPA GOIN AND SET MALIKI...UP, NOW...CHAPTER 7 HELD OFF.
6-20-2012 Intel Guru Bulldog75 CHINA - THEY ARE GOOD PEOPLE TRYING TO DO WHATS RIGHT; THEY ARE IN THE DRIVERS SEAT. 'THERE IS MUCH TO DO' BEHIND THE SCENES GETTING THE BAD GUYS OUT OF THE VEHICLE'. NUFF SAID.
5-20-2012 Newshound Guru Vic1 Today so much Important and Great News! Please with all due respect to all the News and Intel providers! The TIME is so close and many are on edge... realizing that NEWS can at times look so CONFUSING! This Maliki...Guy! Is he for REAL? VP/Biden...comes to Talk some sense into you...and you...Maliki...turn DOWN his MEETING!!! Then You write OUR PRESIDENT...asking MR.O to tell EXXON/MOBIL to stop doing business...with The KURDS? Are you Serious? YOU NEED TO NOW...Pack YOUR BAGS...CUZ...WHEN WE...THE(USA) says LEAVE... TIME HAS COME for you to GO. NEVER TREAD...ON THE USA!
5-20-2012 Newshound Guru Phoenix3333 Iraq PM asks Obama to stop Exxon-Kurdistan oil deal. Iraqi Prime Minister Maliki has asked US President Barack Obama to intervene to stop Exxon Mobil from proceeding with a deal with the Kurdistan region that he warned would have dire consequences for Iraq’s stability. Exxon is one of the oil majors participating in massive projects intended to make Iraq the world’s biggest source of new oil over the next few years, but the US company’s decision to sign a deal with the KRG has infuriated Baghdad. Iraqi Kurdistan, which has its own government and armed forces, has already clashed with the central government over autonomy and oil rights, and halted its crude exports in April after accusing Baghdad of not making due payments.
6-20-2012 Intel Guru Studley they are working on last minute logistics...they r dotting the i's and crossing the t's...THERE R BIG POLITICAL BATTLES TAKING PLACE...this takes time, STAY BALANCED, we SHOULD be very close, BUT there can always be last minute issues.
6-20-2012 Newshound Guru Adam Montana The CBI is...reporting that when the new denominations come out, they plan to let them co-exist for a full year, and they are blatantly telling us that they plan to increase the value at the same time. I have always kind of thought we would only get about 90 days to cash in (like Kuwait did several times), but if we get a full year - even better! ["continued in post 3...stay tuned"]
6-20-2012 Intel Guru Bluwolf SOMETHING MUST BE DONE IMMEDIATELY AND THAT TIME IS NOW. I HONESTLY HOPE THAT THIS MESSAGE GETS OUT AND REACHES THE EARS OF THOSE INVOLVE AND THAT THIS BUTTON IS PUSHED. IT IS THE RIGHT THING TO DO AND THE WHOLE WORLD WILL BE IN DEBT IN THE GOOD SENSE FOREVER. NO MORE POLITICAL AGENDAS, THE PEOPLE HAVE HAD ENOUGH. LETS GET IT OVER AND DONE WITH...EVEN THOU SOME TIMES WHAT SEEMS THAT IS, IS REALLY NOT, AND THAT, THAT IS NOT IT REALLY IS, WHICH ONLY BRINGS US TO THE CONCLUSION THAT SHOULD BE OBSERVED BY THE OUTSIDERS, LOOK WE AIN'T STUPID, GET IT DONE.
6-20-2012 Newshound Guru Mike The Future of Iraq Project tells us that the banking system is the last thing they need to get done (Final Chapter). We’ve seen where they were at with the IMF 6 – 8 months ago and where they are now…they are knocking things off of their banking checklist as fast as they can to make sure they have what they need in order to get this banking system up and running and off the ground. Absolutely they are working hard...Gotta tell you its pretty exciting seeing them moving forward day by day...every day. ITS GETTING CLOSE TO TIME TO ADD VALUE.
6-20-2012 Intel Guru Okie_Oil_Man the rumor roller coaster is operating at full speed this week...None of us can control the timing or final outcome of the iqd rv. i...can truly gauge and say, “progress has been made and the end will come!”...we are close to the finish line.
6-20-2012 Newshound Guru Scooter Over the past two years, I have always said that nothing will happen with Iraq's currency without the two Government banks correcting their balance sheets and getting re-capitalized. Based on some recent information from their law library, posted June 15th, the recapitalization has been approved by the Council of Ministers. This becomes exciting for two reasons: This completes a CRITICAL BENCHMARK set forth from the IMF and World Bank back in 2006. If the balance sheets are corrected and the devaluation of those two banks occur, then the government and the world can re-capitalize those banks to the appropriate levels. This becomes incredibly important when determining valuations and providing proper transparency to the international community -- international transactions, investments, loans, etc.
6-20-2012 Newshound Guru Adam Montana As you know, I've been on the "now-to-September" train for quite some time, the CBI, through various news sources, is now reporting that they plan to introduce the new denominations not in September, but in January of 2013 which basically means we have no choice but to rename the locomotive the "now to January" train. I wish I could say the opposite, but I'm not here to...give false hope - it is what it is, and I'm always going to tell it how I see it...good, bad, or indifferent. ["continued in post 2...stay tuned"]
6-20-2012 Intel Guru Bluwolf NOW I HAVE A MESSAGE TO ALL BANKS, TO THE UST, TO THE IMF, IF YOU WERE WAITING ON THE COMPLETION OF THIS SUMMIT TO REACH A DETERMINATION AND BEING IT A NOT SO GOOD SCENARIO WITH LACK OF COMPROMISE, THEN WHY DO YOU NOT PUSH THE BUTTON AND RELEASE THE WHOLE WORLD REVALUATIONS AND GIVE BACK THE PEACE OF MIND TO ALL THE PEOPLE OF THE WORLD WHO ARE HURTING? ["continued in post 5...stay tuned"]
6-20-2012 Newshound/Intel Guru BGG Recent insider thinking was that we might see an "interrogation" of Maliki on Thurs, Sat or maybe Sun then we might hear about the outcome Monday or Tuesday. If they delay a day or two past Thursday - it isn't surprising. Especially with Maliki intentionally interrupting the work of Parliament by taking all security measures away. This business with Maliki "lifting the barriers" might buy him a day or two - but in the end it will backfire on him. If he lets this go to a vote - they won't forget.
6-20-2012 Newshound Guru Mike it is important for the banks to get on board and sell this currency and do what they need to do – It helps to build the stability around the market there – getting rid of the street vendors Theres alot going on in that neck of the woods right now. Its almost like the plans are all coming together as things and events are turning – you can see them getting their banking system in order to get this thing moving and getting it moving the way it needs to be so it is set up for stability…Great to see! ["continued in post 2...stay tuned"]
6-20-2012 Intel Guru Bluwolf THE QUESTION IS HOW MUCH LONGER DO WE HAVE TO WAIT FOR THESE INTERNATIONAL RELEASE OF CURRENCIES ? WHAT WOULD BE THE NEW EXCUSE OR HOLDUP IF ANY? THERE IS ANOTHER SUMMIT IN A COUPLE OF DAYS SUBJECT THE EU SITUATION AND AFTER THAT RAMADON. SO WHEN WILL IT HAPPEN? AND DOES THESE TWO SUBJECT HOLD ANY RELATIVITY WITH THIS RV ? IMO I DO NOT KNOW AND I GUESS THAT NOBODY ELSE WILL EITHER. ["continued in post 4...stay tuned"]
6-20-2012 Newshound/Intel Guru BGG there is a lot of last-minute “wrangling”. Maliki is doing everything he can to “derail” what’s coming. It is even possible we see a “last-minute deal” or Maliki resigning. Anything is possible. However, I also think it is getting very late in the game for a legitimate offer to be accepted.
6-20-2012 Newshound Guru SWFloridaGuy [Post 2 of 2] Either way it appears we are light years ahead of them when it comes to Iraq's economic future. The ones who know it has potential or are privy that information are certainly not about to publish something that would galvanize the masses to their nearest dinar dealer. I've always said real intel never makes it into a public forum for obvious reasons. It's imperative to the process they remain as furtive as possible. The people who do know aren't talking and at this point a decision may not have even been reached yet. We do know Iraq is a very wealthy country who is on the rise (if they can ever solve this political crisis) along with their exchange rate. It's just a matter time.
6-20-2012 Newshound Guru SWFloridaGuy [Post 1 of 2] In reference to that negative article from Forbes yesterday: It's funny we see these reporters do their little fluff pieces on the IQD and 99% of the time they seem completely uninformed as to Iraq's political and economic situation. They don't appear to put much effort into their research which is fraught with ambiguity and they rarely present a reasonable theorem that supports their doubt. Maybe these reports are released for the sole purpose of quelling the amount hype and attention this investment has received. Just like the banks have been hounded with questions, I'm sure they have also. ["continued in post 2...stay tuned"]
6-20-2012 Intel Guru Bluwolf EUROPE IMO TOLD THE U.S. TO BE SILENT FOR THEY ARE IN THIS MESS BECAUSE OF THEM AND THAT BEING SO THEY HAVE NO POWER IN TELLING THEM OR GIVING THEM ANY TYPE OF ECONOMIC SOLUTION TO THIS WORLD CRISIS. SO WITH THAT SAID I PERSONALLY DO NOT SEE ANYTHING BETWEEN THESE MEETINGS [G20 MEETING] AND THE INTERNATIONAL RELEASE OF THE WORLD CURRENCIES. ["continued in post 3...stay tuned"]
6-20-2012 Newshound/Intel Guru BGG the NA blabbering on and on about fully implenting the Erbil agreement brings up two very important points. First, the people are sick of the excuses and believe there is no chance of reform. They hear nothing but promises, promises and more promises from Maliki and then nothing…unless he’s backed into a corner. Secondly - he says, instead of them (the SLC) whining with the question “Why do you insist on the withdrawal of confidence”…the question they really should be asking themselves is “why don’t we have the Erbil agreement fully implemented” (after having a year-and-a-half to get it done)???
6-20-2012 Newshound Guru Med THE BET IS ON FOR THIS YR. THE RATE IS DEBATABLE. ALL WE KNOW IS THE REMOVAL OF THE 3 ZERO'S FROM THE NOMINAL VALUE. WHAT EVER IT IS AFTER THAT WE DONT KNOW FOR CERTAIN. FOR EXAMPLE THE WORST IT COULD BE IS 1 CENT AND THE BEST .85. 1 CENT THOUGH...WOULD NOT BENEFIT THE IRAQI ECONOMY AND WOULD NOT BE WORTH ALL THIS EFFORT THAT CBI HAS GONE THROUGH...ALL WE KNOW FROM SHABIBI'S OWN MOUTH IS THAT HIS EFFORTS ARE TO HAVE IT EQUAL TO THE USD.
6-20-2012 Newshound Guru Mike "Member of the Economic Committee: share of surplus oil revenues must be poor "exclusively" Everybody is trying to get these figured out and we want to give them to the poor....thats great. The longer we wait to RV the more will come out as to who gets what - Lets add some value to the currency and they won't have to worry so much of who gets these revenues - they can divy it up and everybodys gets their fair share. They want to get this divied up and its coming up to that time - they are working on this to get it out to the citizens...Very good.
6-19-2012 Intel Guru Bluwolf THE G20 MEETING IS OFFICIALLY OVER AND THE PRESIDENT GAVE THE CLOSING SPEECH. THE CONCEPT OF THIS SPEECH REALLY LACKED ANY COMPROMISE OR SOLUTIONS TO THIS WORLD ECONOMIC AGENDA. I FOR ONE CAN SEE THAT NO REAL RESOLUTION WAS ACCOMPLISHED. IT IS A "TO EACH IS OWN" SCENARIO WITH NO LIGHT AT THE END OF THE TUNNEL. ["continued in post 2...stay tuned"]
6-19-2012 Newshound Guru Doc What we find interesting is that the outside world appears to be lining up against Maliki or at least the blame is being directed toward him. As we've watched events unfold in Iraq we are more of the opinion chapter 7 and Ebril will not be resolved until GOI stability is achieved. And unfortunately this does not appear to have a chance as long as Maliki is in office. Our ray of hope is that the no confidence vote is close enough to persuade Maliki to live up to the agreements he has made. With this we now conclude the late June to July timing is highly unlikely. Also much of the CBI language is now focused on later this year. We will continue to watch language out of the UNSC on Tuesday but it appears the RV is now most likely later this year. We report, you decide
6-19-2012 Newshound Guru Kaperoni Look at this quote. "The central bank said in his book: in line with the best applications and international experiences, he decided to stop the basic parameters of the currency notes of the categories (25000,10000,5000) JD Almtdolh now as it is in the new series (25,10,5) dinars so that the audience is also imprinted with a thousand in his memory." Reading this, it appears they are leaving the 1,000 in circulation or not creating a replacement. In either case, "so that the audience is also imprinted with a thousand in his memory." My view is that this is a clear sign of a Revaluation. There is no need to leave a 1,000 dinar in circulation or create significance in one's mind or history if it's value is equivalent to 1 dinar. Just like in the USA, 1,000 dollar bills are still around if you can find them.
6-19-2012 Newshound Guru American Contractor The new Iraqi Dinar will be distributed in January 2013, not in the middle of the year. Most likely in the first quarter. Saleh stated the procedures to delete the zeros from the currency will begin in the beginning of the new fiscal year or the beginning of their new budget. When you hear someone saying it will be in September or sooner, that's just not true. Iraq private banks are resisting the CBI by not having electronic banking. They would have to admit to the actual values and pay taxes on the admitted values. The CBI can raise the raise the bar as it wants, the reality is the private banks lack the ability to raise the necessary capital. Lack of services available to the bank to present to the Iraqi private market to generate direct business revenue. Lack of trust in the banks because of perceived negative governmental influence potentially effecting the bank's value in a supposedly free market. Nothing is concrete and the stituation could change over night but it appears Jan 2013.
6-19-2012 Newshound/Intel Guru BGG every single one of the MP’s under Talibani’s leadership put their signatures on the original document. Just because Talibani is not in the picture doesn’t mean they won’t vote the right way. I fully expect every one of them to vote unanimously to remove Maliki (should it come down to that). Keep in mind, they are all Kurds. If Maliki stays “as is” they fully expect some type of aggression from Baghdad.
6-19-2012 Newshound Guru Doc Our opinion is that the the likely hood of chapter 7 release on Tuesday is rapidly approaching zero. More and more articles are speaking to Iraq not living up to its obligations from 2010. As reported from the US Counsel on Foreign Relations Parker, in his speech that, "Prime Minister Nuri al-Maliki, failed to form a government of national unity which promised after the 2010 elections". Parker is further quoted as saying how utterly disappointed Obama is with Maliki for not forming a true democracy. This coupled with Ki Ban-moon's statement that Maliki has not delivered on his commitments concerning Kuwait has us mostly convinced that chapter 7 release is not forth coming. The time line for this appears to be toward the end of the year as stated by Ki Ban-moon.
6-19-2012 Intel Guru Hammerman There really was zero movement last night, really none. A few good signs but no big push. There is big, big joy in Mexico where the g20 is going on. We believe it [through sources] was leaked that Mexico would RV within days and if y’all pay attention y’all should now that Mexico is in the basket of 23. We are close.
6-19-2012 Newshound Guru Med I ...HAVE NOT USED INTEL IN ABOUT TWO YRS...THIS INFORMATION I JUST RECEIVED FROM PROBABLY THE MOST RELIABLE PERSON I KNOW WHO I HAVE NOT TALKED TO IN ALMOST TWO YRS JUST TOLD ME THAT I PROBABLY MADE A GOOD MOVE ON PLANNING THE RV PARTY FOR THIS YR. I WAS GIVEN INFORMATION ABOUT MOVES BY CERTAIN ENTITIES AND GIVEN INFO ABOUT A PERSONAL CONVERSATION. THAT IS ALL I WILL SAY. ["continued in post 2...stay tuned"]
6-19-2012 Newshound Guru Mike Maliki is still up the the same old things...trying to save his job...working every angle he possibly can - trying to make sure he stays in power...US is telling them you are not falling apart...we have too much invested here....there is an election coming - you are not falling apart period. There is a vested interest to have this all work out - starting to see pressure from others that if he wants to stay in power he needs to work this out - thats the constant messge we are hearing from the US and everybody else - We like what we are hearing - moving forward slowly but surely.
6-19-2012 Newshound Guru Med TARIFFS IN 14 DAYS, THIS COULD BE HUGE. I THINK IT IS A MISTAKE. IT WOULD BE GOOD IF IRAQ ACTUALLY PRODUCED SOMETHING THAT IS IMPORTED, THEY DONT. TARIFFS ARE SUPPOSE TO HELP THE LOCAL BUSINESS'S COMPETE BY...FORCING THEM TO SELL HIGHER. THIS, AS I SAID, WOULD BE GOOD IF IRAQ PRODUCED SOMETHING.
6-19-2012 Newshound/Intel Guru BGG Here are some interesting headlines…"Habib Terminal: dissolve parliament and hold early elections would be a last resort if all doors are closed solutions" This guy is dreaming – this would be the second best solution for Maliki. The first being for him to stay “as is”…these guys are saying this in another veiled attempt to “threaten” the jobs of the Parliamentarians. As if raising the barriers and leaving them open to terrorist which they are conspiring with isn’t enough.
6-19-2012 Intel Guru Footforward THERE ARE TWO DIFFERENT AGENDAS HERE. THE BAD GUYS WANT TO GET THIS DONE RIGHT NOW AT 1 DOLLAR, OR DRAG THINGS OUT UNTIL THE END OF THE YEAR. THE GOOD GUYS WANT TO GET THIS DONE A.S.A.P. AT A HIGH RATE. THE BAD GUYS ARE LOSING THE FIGHT! THE GOOD GUYS HAVE BEEN GETTING THE UPPER HAND FOR SOME TIME NOW. DO I KNOW FOR SURE WHEN THIS IS GOING TO HAPPEN? NO. I KNOW IT CAN GO ANY TIME NOW AND I TRULY BELIEVE WE ARE HEADED INTO THE GREATEST PERIOD THIS EARTH HAS EVER SEEN!
6-19-2012 Intel Guru Okie_Oil_Man Always know that the element of surprise can be used by the Good side just as well...the RV will most likely show up when you are least expecting it. Always remember that Iraq and the world needs the RV. The only question is when and at this moment only the Good side knows when that is…but it will happen...COGITATE!
6-19-2012 Newshound Guru Mike "Iraq moves banking and tax problems for the U.S. Congress" With the Future of Iraq Project teaching them how to handle banking situations and the monetary situation - something we have done already so it make sense for us to support them in this...again another major step forward ...getting our government to work with the Central Bank.
6-19-2012 Intel Guru Bluwolf ALL THINGS DONE WAS SURGICALLY PUT INTO PLACE, ALL INTENTS WAS TAKEN CARED OF, IT TOOK SOME TIME BUT EVERYTHING HAS BEEN COVERED AND THE GOOD GUYS WON...YOU ARE IN THE VERGE OF RECEIVING AND THERE IS NO WAY BACK NO MATTER WHAT OTHERS SAY. THE IQD RV HAPPENED A COUPLE OF MONTHS AGO. WE NOW AWAIT ITS' INTERNATIONAL RELEASE. ALL YOU NEED TO KNOW THAT WE ONLY AWAIT FOR THE RV CALL.
6-19-2012 Newshound Guru Med ALL 3 ARTICLES PERTAINING TO THE WITHDRAW OF CONFIDENCE ARE ACTUALLY VERY GOOD. IT APPEARS THAT MALIKI HAD SOME MINOR MOMENTUM FOR A BRIEF MOMENT BUT LOST IT WITH THE U.S. NOT GOING TO BAGHDAD TO MEET WITH MALIKI AND INSTEAD GOING TO ARBIL TO MEET WITH ALL 5, REMEMBER ALL 5 - SADR, TALIBANI, ALLAWI, BARZANI ? MUTLAQ HMMM. DINAR...ALSO NOW IS PICKING UP STEAM IN THE MEDIA WITH MORE AND MORE POSITIVE SUPPORT.
6-19-2012 Newshound/Intel Guru BGG Maliki received a letter from the severe criticism by the Adviser to the Deputy Chairman of the U.S. ...let’s hope this apparent shift in US policy towards Maliki is, in fact, legitimate. If it is – he is probably done for sometime this week (provided he doesn’t fully capitulate before Thursday). This is more really good news for us.
6-19-2012 Intel Guru Footforward I WANTED TO...ASSURE YOU GUYS THAT THE RV IS FOR SURE 100% WITHOUT A DOUBT GOING TO HAPPEN. HOW ANYONE COULD EVEN SUGGEST THEY KNOW THIS IS GOING TO BE DELAYED UNTIL THE END OF THE YEAR IS KIDDING THEMSELVES. THAT IS NOT WHAT HAS BEEN DECIDED AT ALL. THE MARSHAL PLAN IS TO END IN 2013. MEANING THIS HAS TO HAPPEN BY JAN 2013. I’M LOOKING FOR THIS ANY TIME. MY OPINION IS NOT GOING TO CHANGE BECAUSE I KNOW WHAT I KNOW. ["continued in post 2...stay tuned"]
6-18-2012 Newshound Guru Mike one article put out that they read in the community...indicated a LOP...We do not believe in the LOP...We know this is what they are telling us as stated over and over again...we read the news and bring you our opinion - We are consistent in what we believe.
6-18-2012 Intel Guru Okie_Oil_Man Always know that there is a Good Entity that wants the RV to happen and a Bad Entity that does not want it to happen. As a seasoned military man I can recognize Art of War maneuvers and there are major ones that have been happening. The Good side is winning and the victory is closer than ever before...Please think about what is happening and you can see progress has been made. Sunday proves that progress has been made…COGITATE!
6-18-2012 Newshound/Intel Guru ArizonaHeat I’ve stated time and time again, Maliki is going no where...the ever predictable Greece bail out is still on...we are awaiting some final information as to internal rates from country to country on ALL currencies, not just the IQD...there are a million mathematical equations that will line up all currencies to work at a more world friendly exchange...all major revaluations or adjustments will be done all at one time when it comes to currencies...[question: is there any real reason to think we're close?] according to all the gurus, yes. According to Washington and foreign contacts, it’s close but still some weeks off, like September, but that’s just their view.
6-18-2012 Intel Guru Bluwolf maliki being kicked out and staying until oct., nor the bombings in the streets, nor the 2 ministers, not the chapt. 7, not being over as they say, you all know that it is over. None of these arguements has anything to do with the internatinal release.
6-18-2012 Newshound Guru Duckyboy The article that came out about OANADA (Due to the extreme volatility some market analysts foresee could result in the coming days, OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012.) can only be attributed to their business and should be NO indication of an RV. They were not specific about what volatility there may be AND they are closing during NON trading hours. So what?! Is my only response.
6-18-2012 Intel Guru Footforward DO YOU WANT MY HONEST OPINION ON WHATS GOING TO HAPPEN TOMORROW? I’M GOING TO SHARE. BUT PLEASE DON'T FREAK OUT..I EXPECT THAT THERE IS GOING TO BE A TON OF CHAOS SUN, MON, TUES AND FOR THE MARKETS TO ALL BUT CRASH EARLY NEXT WEEK, AND THEN LATER IN THE WEEK, OR CLOSER TO THE END OF THE MONTH, THERE WILL BE A "SOLUTION" OF A NEW FINANCIAL SYSTEM PUT IN PLACE. AGAIN THIS CAN GO ANY TIME, BUT THIS IS MY GUT FEELING. INTEL SAYS RIGHT NOW.
6-18-2012 Newshound/Intel Guru BGG It looks like it doesn’t matter too much if Talibani was one of the ones who took Maliki’s money (got bribed). He’ll likely wind up on the right side of the fence no matter what. I doubt those 10 or 12 MP’s stay with the “sinking ship” either. The one guy’s wife pretty much “blew the lid off” this story. He probably shouldn’t have let her in the room with a video camera while Maliki’s kid was dropping off the bribe money!! Wouldn’t it be ironic if Maliki’s regime was finally toppled by a p!ssed off ex-wife?? : )
6-18-2012 Newshound Guru Mike "Rapporteur of the Committee of Economy: Changing the form of currency is necessary to reduce the money supply and does not require a new law", Another article telling us they have everything they need from the Parliament to do what they want to do. We consistently see these articles telling us this over and over...It makes it pretty evident that they have a plan and they know what they are doing.
6-18-2012 Newshound/Intel Guru BGG Maliki still has a very short window, but it is only open for a couple more days….he’s in some very serious trouble. The US and other PTB are pretty much fed up with him. The short story is – he was somewhat useful for a time…maybe even worth the headaches, but now he’s politically toxic on both sides of “the pond” (in an election year). He won’t do anything they need him to. For instance, helping out with Iran?? Now he’s getting some international press as to how much “in the tank” for Assad he really is. The White House doesn’t want to get on the wrong side of this PR nightmare!!! Can you imagine how badly it would go for President Obama’s re-election if the press caught wind of how long we have been aligned with a bloodthirsty dictator, semi-aligned with Iran and supporting genocide in Syria by estoppel??
6-18-2012 Newshound Guru Duckyboy Maliki is still in power and won't be kicked out (IMO). People are being killed in Iraq by bombs. The GOI is not seated. Erbil is not implemented. Are we close to an RV??? According to most gurus, we are. I am really looking at the news and I just don't see the RV, yet...I don't believe there is going to be some grand announcement, I think it will just appear.
6-18-2012 Newshound Guru Mike [Maliki] is pretty bold at this point because the Vote of No Confidence hasn't gone thru - really I think they are going to put it thru when Parliament is in session on the 21st. Round Two of this battle is coming up.
6-18-2012 Intel Guru Footforward THEY ARE WORKING WITH THE GOOD GUYS TO HAVE THE MOST POWERFUL CURRENCY IN THE M.E. LAST TIME I CHECKED, 86 CENTS ISN'T GOING TO DO THAT -- AND YOU KNOW THEIR BUDGET IS SET AT NEARLY 4 BUCKS FOR 2012. FYI...VND WILL NOT GO WITHOUT THE DINAR.
6-18-2012 Intel Guru Okie_Oil_Man “Have we made progress towards the RV happen?” Folks I can assure you that all the Dinar Gurus and me had great intel that made us ALL believe that it was about to happen. This proved to all Gurus that great progress was made. All dinar Guru’s have to admit that we came closer Sunday to the RV than ever before…COGITATE! ["continued in post 2...stay tuned"]
6-18-2012 Intel Guru Bluwolf a importante G-20 three day meeting is on the way...its focus will be the getting rid of all GLOBAL ECONOMIC DEBT.. its a either we fix things now or bust situation for all involve. Are we actually there now? Yes we are, we are in a second by second scenario. If you were to ask me if the rates will be high for this international release? My answer is yes in the very high double digits, for the world needs a lot of money in order to pay its debts and fix there economies, just think about it there is no other way around it.
6-18-2012 Newshound Guru Breitling If you look at Iraq the way the CBI is looking at Iraq, it 's supply X's velocity. They are trying to create value. They are reducing the money supply & creating value. If they LOP, they are not creating value. Rebasing does not add value. CBI has put it out there that they are going to put value to their currency. They went to Parliament and said they are going to put value to their currency. Iraq is not in any position to LOP, that is why the IMF gave them loans. The only thing I can't guarantee is the exact rate and the exact time.
6-18-2012 Intel Guru BellaGrits I THINK WE WILL ALL BE CAUGHT OFF GUARD...I'M NOT LOOKING AT A SPECIFIC TIME IN THE LEAST.....BANKS ARE READY, IRAQ IS READY, THE WORLD IS READY...I AM LOOKING AT ANYTIME.
6-18-2012 Newshound Guru Med THE NATIONAL ALLIANCE IS PUBLISHING EVERYDAY NOW, WE WILL IMPLEMENT IRBIL. THE PROBLEM IS THE OTHERS DONT WANT IT ANYMORE. THEY WANT MALIKI GONE. AT THIS MOMENT IT IS VERY HARD TO FIGURE OUT WHAT DIRECTION IT WILL GO. THE OTHER BLOCS ARE GOING TO GET WHAT THEY WERE SUPPOSED TO GET BUT ON MALIKI, IT IS A TOSS UP RIGHT NOW IF HE SURVIVES TILL END OF HIS TERM. THE LETTER DELIVERED TO MALIKI...IS LETTING MALIKI KNOW HE IS NEARING HIS END.
6-18-2012 Newshound Guru SWFloridaGuy Iraqi Parliament has their work cut out for them when they reconvene on Thursday. Their procrastination up to this point on key issues has led the country into further turmoil at the expense of the citizens. The upcoming legislative term will address a multitude of pending laws scheduled for adoption including the HCL, Amnesty Law, Federal Court, Inspectors General, Ministers and the Judicial Council. If Iraq is to progress as a leader in the region both economically and politically, there must be a collaborative effort by the main blocs to enact the obligatory laws that will ensure the success of the next phase of the CBI's currency reforms. Combined with the threats of no-confidence and interrogation proceedings, I'd say on a legislative level, this an extremely exigent time for Iraq. It's time for action, no more talk.
6-18-2012 Intel Guru Hammerman All sources HAPPY...All INTEL is GOOD. We are here! For us the R/V could happen tomorrow or one month from now. All Governments have signed off already. The USA, China, Malaki cannot delay this, ONLY CIVIL UNREST / TERRORISTS...(for 48 hours +).
6-18-2012 Newshound Guru Mike Talabani's reasons for not putting in the Vote of No-Confidence - he clearly outlines his reasons - he didn't have enough votes - he needs to remain neutral and the National Party is going to do all that they said they were going to do which is what they haven't been doing. Last thing left for them is when Parliament is in session on the 21st and then try to force it thru at that point in time. Talabani going to try and stay neutral so he can win no matter who wins. ["continued in post 7...stay tuned"]
6-18-2012 Newshound Guru Med THE MOST IMPORTANT DINAR ARTICLE TO DATE ...CAME FROM THE VOICE OF IRAQ, THE #1 MEDIA OUTLET IN IRAQ...ENDED THE ISSUE OF THE GOI AND FINANCE SPONSORING THE NEW DENOMS. THEY STATE CBI WILL CHANGE THE RATE FIRST THEN THE GOI WILL HAVE CBI OR FINANCE ISSUE THE NEW DENOMS, IT PUTS THE REST ANY SCARE OF A LOP.
6-17-2012 Intel Guru BellaGrits THIS HAS BEEN A GREAT DAY FOR NOT ONLY FATHER'S BUT AS A DINARIAN. IT APPEARS THINGS ARE FIRING UP...LINING UP...AND WE EXPECT THIS REVAL TO COME AT ANYTIME. LOOK AT OUR MEDIA??? A GLOBAL CURRENCY RESET? REALLY? THEY ARE TELLING THE WORLD? THE U.S.A. IS REPORTING IT? REMARKABLE!!! GET READY PEOPLE...WE ARE IN THE FINAL STAGES OF THIS EVENT.
6-17-2012 Intel Guru Studley no more docs to be signed, no issues with Iraq, this event is WAY BIGGER THAN IRAQ, patience my friends...the noose is tightening like never before...timing is everything...better get used to eating chinese food...logistics around the world is coming to an end...please hold on.
6-17-2012 Intel Guru Footforward ITS A 100% ACCURATE FACT THAT CH 7 CAN NOT BE REMOVED WITHOUT AN RV....SO THAT MEANS ITS IMPOSSIBLE FOR US TO BE WAITING ON CH7 REMOVAL FOR THE SECOND TIME. IRAQ WANTS OUT OF CH 7 DESPERATELY. SO THAT ALONE SHOULD POINT OUT THIS ISN'T IN IRAQ'S HANDS. IRAQ IS NOT IN CONTROL...NEVER HAS BEEN – NEVER WILL BE. IF IT WAS UP TO THEM THEY WOULD HAVE HAD SANCTIONS REMOVED BACK IN 2000 OR EARLIER. ["continued in post 2...stay tuned"]
6-17-2012 Newshound Guru Doc As you have ascertained the "whale cash out" rumor is completely bogus. Also all the reports of Talabini and Maliki resigning are simply unofficial, unconfirmed rumors. We continue to be amazed at the volume of rumors that are reported as facts especially as key dates approach such as the UNSC review on Tuesday. We encourage all to stay grounded and look for official confirmed reports of chapter 7 release and Ebril resolution. Until we see these events we will continue to be stuck in the twilight zone. We report, you decide.
6-17-2012 Newshound/Intel Guru BGG if it’s truly a “secret ballot” it will be even worse...for Maliki. It will be a “landslide” – he has a very short, final window of opportunity. He has no major supporters and time is almost out. However, I do get the sense that he either intends to resign or fully implement – I always had the impression he would fight…it just doesn’t look like it right now...the only thing that might save Maliki is the magnificent pressure being applied gets him to “live up to” his end of the deal. Period. Other than that – he’s a “dead man walking”. ["continued in post 5...stay tuned"]
6-17-2012 Intel Guru Hammerman Smart cards are out in Iraq...even Iraqi citizens (foreign nationals) here in the USA received them. Iraq Military and the Iraq Government are using them. Not all - some are using them at this point. All will have them to use by next week. Smart cards are mainly for the distribution of all revenue when that comes out (Oil revenues income). Someone said smart cards were for welefare payments (wrong!). There will be no welefare in Iraq. Any poor people will be non-citizens in Iraq. All these people (Iraq Citizens) will be FILTHY RICH...everyone of them. ["continued in post 4...stay tuned"]
6-17-2012 Intel/Newshound Guru Poppy3 I have several broken bones in fact all bones on my right shoulder are broken plus three ribs...pain has been awful but they have me on a much stronger meds now and i am getting some relief finally. I am out of the loop on the dinar except for a few sources. ALL IS VERY WELL WITH THE RV . It is still dependent on timing on Maliki situation regardless of what many are telling you. They should act yea or nay on [Maliki] between the the 19th and 22nd then move fast to get us our rv...hang tuff and i will also.
6-17-2012 Newshound Guru Doc We have seen a flury of wrong information posted on many sites this past week. First, the discussion on Iraq/Kuwait and chapter 7 by the UNSC is scheduled for Tuesday, June 19 and not yesterday (Friday) as many reported. Friday was simply the date to get the reports to the UNSC for review. Unfortunately the initial reaction to the report is not as favorable as we would have hoped. It was reported that Ban Ki-moon "..expressed regret yesterday for lack of tangible progress in the issue of missing Kuwaitis and Kuwaiti property in Iraq." And it was further reported that the report recommended that the international coordinator be funded through the end of the year. While we will obviously wait and see what happens Tuesday our hopes of chapter 7 release are somewhat diminished. This initial response to the report was less than a glowing review.
6-17-2012 Intel Guru Okie_Oil_Man We can tell you with great confidence that great progress has been made this last week by the entities that are heading up the Iraqi Dinar and VN Dong RVs. They are very carefully controlling and limiting the amount of information released so that they can get their job done. So please don’t take RUMORS as fact. Remember what we really care about is live public rate.
6-17-2012 Newshound/Intel Guru BGG Most of what we have heard over the last month from the various Maliki camps and what we’ll hear coming up is just posturing. They have virtually no chance and now they know it. The SLC, Dawa party and NA are doing everything they can to try and stem the tide of this sentiment. It won’t happen. This is a runaway freight train and this coming week will be very interesting. ["continued in post 4...stay tuned"]
6-17-2012 Newshound Guru Mike we know they are going to do whatever they are going to do with their political process but it is our opinion what we really need to have is Oil and Gas Law done. They can fight for the power once Parliament is in on the 21st but the 140/Oil & gas is so very important. ["continued in post 6...stay tuned"]
6-17-2012 Intel Guru Hammerman Bank activity today has been phenomenal. SPECULATED Rate IS TO BE at above $3.50 per DINAR - is all I'm saying. Viet Nam Dong...Expected to go to .15 -maybe .16. BANKS are saying it will go down this weekend. If you learn how to intepret things - Later next week...It may show this weekend -We may not know it till next week. ["continued in post 3...stay tuned"]
6-17-2012 Intel Guru Dinar Wishes Something has to happen very soon as in before the end of the month if not sooner.... I feel it will come when we least expect it.
6-16-2012 Newshound/Intel Guru BGG If you’ve ever had a crooked ref in a ball game you know what it looks like – Talibani might not be crooked, but if it looks like a duck and walks like a duck – what’s the difference?? He’s threatening to resign as of yesterday – which doesn’t really matter since he already gave his resignation letter to Barzani a month ago. All this we’re hearing is mostly “posturing” – nothing more. The reality is, if a deal isn’t fully complete by Thursday – the fireworks start. Simple as that. ["continued in post 3...stay tuned"]
6-16-2012 Newshound Guru Vic1 June 20th...is Maliki's Birthday! He is gonna get a Party...alright! By...INVITE ONLY!!
6-16-2012 Intel Guru Okie_Oil_Man This has been a roller coaster week filled with rumor after rumor. We have personally spent each day this week debunking rumors…the biggest being that there have been people that have cashed out. Folks this is not true. No one has cashed out. In fact the term “cashed out” is not a correct term. The more correct term is “Exchanged Out” since we will be exchanging dinar (IQD Cash) for dollars (USD Cash). Please all dinarians remember one very simple fact: all the rumors are just that…RUMORS! Always consider any and all information you get as rumors until you see...A live rate on the public site. ["continued in post 2...stay tuned"]
6-16-2012 Newshound Guru Mike they are...attempting to...MAKE SURE ALL OF THE BANKS CAN EXCHANGE CURRENCY - very important that he eliminate the street dealers so that he can eliminate the fluctuations in the currency - he doesn't want to have his internal and external rates fluctuate that wildly ever again - they need to be very consistent - whatever he posts on the CBI he really would like to see internally in the country - Once he has his banking system in place he gets rid of most of the street dealers then he can stabilize his currency moving forward - Sounds like they are in a hurry to stabilize their currency and get these things set up...a stable currency is our best friend for things that are going to happen. ["continued in post 5...stay tuned"]
6-16-2012 Intel Guru Hammerman Maliki has resigned...He has signed on for everything....(that we want) and / but his resignation will not take effect till October or beyond so disregard ALL the " pro-con - He's there-He's gone " stuff from now on. We were set to R/V last night. The bombings that took place stopped it. From here on ONLY: CIVIL UNREST-BOMBING DEATHS / Terrorist Activity can interefere with the RV for up to 48 hours or longer after an incident. This is something we will have to deal with as an ongoing issue. The "Bad Guys" may purposely do this to interfere / stop it. Therefore there will be a lot of MIS-direction and secrecy regarding the R/V...It will be much harder to follow. ["continued in post 2...stay tuned"]
6-16-2012 Newshound/Intel Guru BGG Maliki offering up a resignation letter is legit…I believe he wants to get everything in his agreements implemented (and quick). The only way anyone will listen is if he shows them he’s serious. However, on the same point, because he has such a bad track record – they are proceeding with the “no confidence” as though they intend to remove him. Which they do…I suspect the 21st (as soon as Parliament show back up to work) to be Maliki’s D-Day!! ["continued in post 2...stay tuned"]
6-16-2012 Newshound Guru Phoenix3333 Iraq and UN Security Council Meeting Tuesday, June 19th 2012. UN Security Council Meeting with Iraq will be on Tuesday, June 19th. June 15 was when the Iraq/DFI report was due.
6-16-2012 Newshound/Intel Guru BGG Things are moving along very well. I got further confirmation, everything I have been pointing to...are all EXACTLY RIGHT on target!! We’re in great shape right now.
6-16-2012 Newshound Guru Mike "The Central Bank of the project to delete the zeros need to be concerted efforts by the government and parliament" ...this article pretty much point blank tells you that the Central Bank is in charge of the process and that they are the ones that are going to take care of all of the deleting of the zeroes and anything that has to do with the monetary policy...there also still letting the people know they are still moving forward...we've got our plan and we are working our plan...we believe sometime before they delete these zeroes they are going to go ahead and revalue. ["continued in post 4...stay tuned"]
6-16-2012 Intel Guru TerryK IM HEARING SUNDAY IF NOT TOMORROW [SATURDAY] IS THE WORD I GOT TONIGHT...IM HEARING TOMORROW AFTERNOON SOME ANNOUNCEMENTS ABOUT PROSPERITY STUFF AND THEN THE RV.
6-15-2012 Newshound Guru Adam Montana I'm a firm believer that we're not going to get a huge warning or even a major hint - it's going to come out of the blue and we're going to be in a mad dash to make the most of whatever time they give us to cash in. I'm also a firm believer that when they introduce the new currency at a new rate, we won't have more than 90 days to exchange our bills.
6-15-2012 Newshound Guru Mike they need the government to jump in and do a few investment things because they need to be able to have the right products and the right things to offer the people to open up the economy - we know they are making great strides over this last two weeks to really bolster the private sector. ["continued in post 3...stay tuned"]
6-15-2012 Intel Guru Hammerman PARIS CLUB LEFT EARLY THIS AM...I THINK THEY LEFT ONE PERSON BEHIND...WE GET FROM SOILD SOURCES, THATS IS ALL THE PROOF I NEED...SMART CARDS ARE OUT...SOME EVEN USING THEM BUT BY NO MEANS ARE ALL...EVEN CAN VERIFY A GOOD HAND FULL OF IRAQ PEEPS HERE IN THE USA THAT GOT THERE SMART CARDS...SMART CARDS ALSO HAVE NOTHING TO DO WITH NEW RATE...THE AMOUNT ON CARDS IS NOT THE RV RATE.
6-15-2012 Intel Guru Blaino STUFF IS HAPPENING! GOLD STUFF...MUCHO GOLD IS BEING MOVED THE LAST FEW DAYS...INTO USA...OVER THERE...Maliki IS TENDERING HIS RESIGNATION... EFFECTIVE IN OCTOBER.
6-15-2012 Intel Guru BellaGrits THINGS ARE LOOKING GREAT...THIS SITUATION IS WORLDWIDE..BELIEVE IN THIS REVAL...THERE IS NEVER A DROP DEAD DATE...NOT THAT WE KNOW OF...WE DO GET SIGNS AND SYMPTOMS...AND BOY, THINGS ARE REALLY LOOKING GOOD!!!
6-15-2012 Intel Guru Jonnywg [via BellaGrits] THE QUEST FOR THE RV HAS TAKEN A TOLL ON ALL OF US...IN MY CASE, IT HAS TAKEN A TOLL AS WELL...AND I AM FORTUNATE TO BE SENT TO A VISUAL INSTITUTION THAT PROMOTES ENTIRE BODY HEALTHCARE. I'VE HAD SEVERAL TESTS TO THIS POINT, AND EVERYTHING IS GREAT EXCEPT INTERNET AND PHONES ARE NOT ALLOWED-- I HAVE REMAINED IN CONTACT WITH MY SOURCES THRU AN EXTERNAL INTERNET CONNECTION. HOPE OUR GOAL IS REACHED WITHIN THE NEXT FEW DAYS...TAKE CARE ALL.
6-15-2012 Newshound Guru Scooter Iraq's New Retail Payment System - THIS IS TRULY STATE OF THE ART TECHNOLOGY AND HERE'S TWO REASONS WHY AN IRAQI DINAR INVESTOR WOULD CARE! 1.) It eliminates some enormous problems with retail and wholesale merchants using standard mobile technology and one extremely powerful "SMART CARD". 2.) It forces all Iraqi's to open a BANK Account!!!! AND THAT ONLY HELPS FACILITATE AN RV, NOT HURT.
6-15-2012 Newshound Guru Adam Montana The Kuwaiti Dinar was a different situation. Anyone who made money on it was simply in the right place at the right time. The Iraqi Dinar is different. If this currency is given a large boost, the government has had plenty of time to prepare contingency bills to take advantage of all the profits made by citizens here. Luckily, we are also given the same amount of time to take precautions. ["continued in post 8...stay tuned"]
6-15-2012 Intel Guru BWM news is really good and as much as I hate that "never been closer" the reality is that every day we are.
6-15-2012 Newshound Guru Mike "Deputy Central Bank Governor: There are blurred in the understanding of partnership with the Government of the Central Bank"...loved this article...talking about the relationship between the government and the Central Bank of Iraq...its more important now than ever as they move forward in this process and moving the RV forward that they understand the government plays a fudiciary role of oversight - they don't get to determine what the monetary policy is...the Central Bank is in control of the monetary Policy and not the Government and they need to make sure that they start to broadcast that out to everybody. ["continued in post 2...stay tuned"]
6-15-2012 Newshound Guru Adam Montana I'm not placing any bets on this particular UN meeting, from what I've been told they aren't prepared to settle the big issues. I think we are still a few weeks out after this next meeting, however... I will be happy to be proven wrong! They have been working towards a resolution of HCL and Chapter 7 for years and getting closer all the time. ["continued in post 7...stay tuned"]
6-15-2012 Intel Guru BellaGrits THINGS ARE STILL LOOKING VERY POSITIVE FROM EVERY ANGLE...I KNOW YOU ARE LOOKING AT IT AS A FRIDAY ABOUT TO HEAD INTO A WEEKEND-- PLEASE DON'T....PLEASE LOOK AT IT AS THIS CAN "POP" ANYTIME. I KNOW ALL IS DONE THAT REQUIRES COMPLETING THIS REVAL....LOGISTICS???
6-15-2012 Comedian Guru BWM if I had a quarter for every hour I was supposed to be at the bank I wouldn't need an rv.
6-15-2012 Newshound Guru Enorrste it is impossible to talk about a “raise” in the “value” of the dinar and talk about a LOP in the same sentence. A LOP is revenue neutral, whereas a revaluation involves a “raise” in the “value” of the currency. The removal of the large notes (remove the three zeros) does NOT affect the value of the currency. The RV (revaluation) which makes the small denoms have value ("about $1" per CBI statements) DOES INDEED raise the value of the currency. However, after the RV, those who have some of the large notes will benefit, because THOSE NOTES will also RAISE THEIR VALUE, only at the NEW value of $1 per dinar. The confusion for those who view this event as a LOP is that they have consistently misunderstood the meaning of "remove the three zeros". They think that the zeros are just LOPPED off, when in fact the CBI is quite clear that the "three zeros notes" will remain legal tender at least until mid 2014, AND that they will retain their value as legal tender. [Get the full LOP report coming soon...make sure you sign up in the Blue Box above, right side.]
6-15-2012 Newshound Guru Adam Montana tarriffs are extra taxes imposed on goods... they don't signify an RV. One could make the argument that it would be silly to add extra tax on goods that are out of the average Iraqi's reach in the first place, unless there was a plan to increase the wealth of the average Iraqi in the near future... but the tarrifs themselves have nothing to do with the value of the currency. ["continued in post 6...stay tuned"]
6-15-2012 Newshound Guru Med GREAT FIND...FROM THE MAJOR NEWS SOURCE...THE VOICE OF IRAQ. THIS TELLS THAT THE CENTRAL BANK IS FIRST DELETING THE ZERO'S FROM THE NOMINAL VALUE, THEN THE GOVT AND THE PARLIAMENT HAVE DECIDED ON THE THEME FOR THE NEW CURRENCY THAT WILL BE ISSUED AFTER THE NEW EXCHANGE RATE IN EARLY 2013. THEY...HAVE NOT STOPPED WORKING ON THE VALUATION OR THE REPLACEMENT OF THE CURRENCY POST RV. WE CAN ASSUME THIS IS THE TIME LINE...6 MONTHS OR LESS. GREAT NEWS.
6-14-2012 Intel Guru Bulldog75 We are Now in the "Best Window Ever". The only thing left is the phone call and "Announcement".
6-14-2012 Intel Guru BWM I have heard something ...along the lines...of the smart cards...while I have heard "loading" stories I have yet to confirm the "activity" of such loaded cards... so even if they had a value they are not usuable yet that I know of..
6-14-2012 Intel Guru Cap1 ERBIL HAS BEEN DONE FOR MONTHS. DON'T BE CONCERNED WITH WHAT GOES ON OVER THERE...AN RV HAS TO OCCUR BEFORE CHAPTER 7 IS LIFTED...[UN meeting tomorrow] NOT AN ISSUE... NOTHING HOLDING IT UP. JUST LOGISTICS GETTING EVERYTHING IN SYNC...JUST WAITING FOR A FINAL CALL. JUST NOW ON BLOOMBERG...CHINA, ASIA, JAPAN, INDIA MARKETS ARE EXTREMELY HIGH AS THEY "AWAIT" THE "GLOBAL STIMULUS PACKAGE" TOMORROW.
6-14-2012 Intel Guru Hammerman all news is positive...all we are doing is waiting for a release...[thinking...next week for the release]...alot are saying today, im just following my gutt feeling.
6-14-2012 Newshound/Intel Guru BGG Breaking News!!! ...article is basically saying not only is Maliki willing fully implement all the previous agreements - he'll tender a resignation letter as a "guarantee" that he will do everything he says he is agreeing to. It's awesome!! Maliki is scared senseless over being called in front of Parliament - he knows there is no way he'll survive it (politically).
6-14-2012 Newshound Guru Adam Montana the article that says they have enough signatures was a pre-emptive release from the Kurds side...they may have had 170 promises, but when it came down to it they only ended up with 160 signatures, promises don't get the job done...they didn't end up with enough to boot Maliki could it still happen? Yes, but...I don't think it's going to happen. The country is split too equally, and Maliki has enough fingers in enough pies to swing the votes his way time and time again. ["continued in post 5..stay tuned"]
6-14-2012 Newshound Guru Med MALIKI IS SURVIVING POSSIBLY BEING REMOVED FOR IMPLEMENTING AFTER 2 YRS, BUT THIS IS NOT OVER FOR MALIKI. HE, I BELIEVE, WILL ANSWER TO THE CORRUPTION HE WAS AND IS INVOLVED IN. SETTLING IT SO ALL ARE HAPPY IS JUST AS GOOD AS BOOTING HIS ARSS OUT, AT LEAST FOR US IT IS. WE DIDNT NEED MALIKI OUT BUT WE NEEDED HIM TO BE PUT ON THE CARPET FOR A BIT SO HE UNDERSTOOD THAT HE WAS NOT GOING TO BE ABLE TO CONTROL IRAQ LIKE SADAAM DID. I SEE THE FIRST REMNANTS OF THE MEETING THAT BIDEN HAD FOR TWO HRS IS FINALLY OUT...THINGS ARE LOOKING PRETTY GOOD.
6-14-2012 Intel Guru BWM [Article quote from Oanda FX Trade: Due to the extreme volatility some market analysts foresee could result in the coming days, OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012.] in the big scheme of things it doesn't seem to matter...it's not really forex...it's an "out of market" trading platform...so I think it's again something that we read into more than what is truly relevant.
6-14-2012 Newshound/Intel Guru BGG I’m looking for things to get “really kicked off” sometime headed toward this weekend thru about the middle of next week. It could have gone sooner – but didn’t.
6-14-2012 Newshound Guru Adam Montana if you've been in this investment for over a year, you'll know that we have an important holiday coming up...Ramadan. I say this every year...NOTHING gets done during Ramadan...if we don't see the RV before Ramadan, you can all pack your bags and go on a camping trip for a month because it will NOT happen during Ramadan...this year Ramadan...is Thursday July 19 - Saturday August 18. They have said that they planned to release a new currency in September of this year, so that gives us about 5 weeks between now and Ramadan, and almost 2 weeks after Ramadan to September...so in my opinion, we are sitting right on top of two very good windows of potential. ["continued in post 4...stay tuned"]
6-14-2012 Intel Guru BWM someone this morning posted there will NOT be a different rate IN Iraq vs what the rest of the world will get... it's mere folly to think that way...or you have your head stuck up the exhaust of a diesel engine too long [oh, my]...that is not how this plan was laid out.
6-14-2012 Newshound/Intel Guru BGG Looks to me like they are getting ready to get “this show on the road” – everyone would have liked Talibani to send the “official word” but it wasn’t required. Talibani is under some kind of duress. It’s hard to tell exactly what it is – but he’s playing his part. In the mean time – they will proceed against Maliki. This forward movement should be a dead-giveaway as to where all the “high speed” rhetoric is coming from. Maliki is desperate to save his hide. He may get some outside help – but it may not be enough. These guys are p!ssed!! [uhh ooohhh!!!]
6-14-2012 Newshound Guru Med THERE IS A BUMP IN THE ROAD I BELIEVE THAT CAUSED IT TO DELAY SOME AND THAT WAS THE DUMB AGREEMENT FOR TRADE MALIKI SIGNED WITH IRAN AND SYRIA. IT DECREASED THE VALUE OF THE DINAR AGAINST THE USD QUITE DRAMATICALLY. NOW CBI HAD TO RESOLVE THIS AND THEN STOP THE FRAUDULENT WAYS THAT SOME WERE GETTING DINAR AND DOLLARS AND THEY HAVE BUT I BELIEVE IT DOESNT START TILL JULY 1. I DO NOT THINK WE AT THIS MOMENT ARE IN ANY WORRY ABOUT THE DINAR NOT REVALUING, I BELIEVE IT IS STILL ON THE SAME TIMEFRAME THAT THEY ALWAYS HAD. I THINK THAT JULY THROUGH SEPT THINGS WILL TURN TO CBI AND HOW OR WHEN THEY ARE GOING TO REMOVE THE ZERO'S FROM THE NOMINAL VALUE.
6-14-2012 Newshound Guru Adam Montana This is a process that takes time and it was never meant to happen a year, two years, 5 years, or a month ago. Nothing is going to happen with the currency until they get Chapter 7 and the HCL handled. Once that's wrapped up, they can change the rate. ["continued in post 3...stay tuned"]
6-14-2012 Newshound Guru Kaperoni “Raised the proposal to delete the zeros of the Iraqi currency." This article is not good. It appears clearly in this article they are talking redenomination or LOP. I am not giving up hope, but this seems pretty compelling that Iraq may not be honoring the dinar at face value post redenomination. The best one can gain from this is 2X or 3X our investment if this is true.
6-14-2012 Newshound Guru Adam Montana nobody has cashed in yet, so we're all here waiting still...the big deal in the news this week is the Kurds wanting to boot Maliki for failing to get his act together...there is no bad news to report. Iraq is still moving forward, and in my opinion our odds of making good on this investment continue to get better. ["continued in post 2..stay tuned"]
6-13-2012 Intel Guru Okie_Oil_Man THERE ARE MUCH INTEL PRESENTLY- I AM SIMPLY AWAITING ON "THE CALL" FOR THE ANNOUNCEMENT----EVERYTHING IS IMMENENT...THE BLACK JET IS PREPARING TO LAND. TIMING IS UNCERTAIN BUT I AM ON FINAL APPROACH.
6-13-2012 Intel Guru Studley I BELIEVE EVERYTHING IS GOING VERY WELL, THERE HAS BEEN LOTS OF RESISTENCE TO THE PLAN BEING ROLLED OUT, THAT IS WHY THERE HAVE BEEN SO MANY DELAYS, THIS IS A PROCESS THAT IS VERY CLOSE TO CONCLUSION.
6-13-2012 Newshound Guru SWFloridaGuy Best case scenario: Maliki resigns, followed by announcements of Erbil, Ministers, Strategic Council etc. I think we're certainly all due some good news at this point. No matter what the outcome, should make for an interesting next couple of weeks with all that is being addressed in June. I'll bring the popcorn
6-13-2012 Newshound Guru Mike Oil and Gas Law ready to be settled – waiting for Parliament to get back & Talking with Kurdistan now to make sure they get all of that taken care of and try to put that out there as a bargaining chip. Vote of No-Confidence – they are working on that – waiting for the Parliament to come back on June 21 – you are going to see lots of articles for both sides – We are not as worried about the outcome of this as we are with the Oil & Gas.
6-13-2012 Intel Guru Blaino Got some intel from my "Whale Watcher" earlier today::: Seems like our 'turn' is in the works for the next few days...That's IF all works out! He/She/They are even now awaiting a call regarding 'departure!' Said the "Whales" ought to be done cashing in today and/or tomorrow and then "WE" get our turn at bat! He/She/They doubt we will see much before Thursday mebby Friday. So...using our judgement and common sense...we should be done by mid week next week ..."mebby!"
6-13-2012 Newshound Guru Scooter I think the world community, particularly the 32 countries which are part of the reconstruction project are definitely involved and have influence over this event. I think the member organizations like the IMF, World Bank, OED, etc...they will have a large influence, remember what their primary goal was originally, to provide the Iraqi people with increased purchasing power and to establish a middle class within Iraq...why is that important...here's why, a stabile purchasing power because a healthy economy produces less terror that's one, but more importantly a healthy economy raises the living standards of everyone in that country.
6-13-2012 Newshound Guru SWFloridaGuy I would assume that both Maliki and his opposition are using this break to rally support for their cause and ensure that every vote has been accounted for. I would like to see the Prime Minister alone unseated. Preferably a resignation though because if they no-confidence Maliki's government, I'm not so sure that will be as quick a solution as we had initially hoped. We would prefer to see democracy prevail rather than watch Iraqi "leaders" further anesthetized while the country remains paralyzed and the citizens suffer. ["continued in post 3..stay tuned"]
6-13-2012 Newshound Guru Mike absolutely wonderful to see...all the trade coming into the country... to see the expansion and everybody going there – they are looking to Iraq for business. We talked about postponement of the tariffs because these are things that will be inflationary but we have also seen several articles that indicate that they are already in place and testing these in certain areas. ["continued in post 3..stay tuned"]
6-13-2012 Intel Guru Ray Merchants and money exchangers are smuggling the dinar out of Iraq daily because they know it will be worth more out of country than in country. Saleh is on TV now telling the people how the prices in country will be adjusted to reflect the new dinar value when it revalues. The new currency has been printed and shipped to all the major banks in Iraq and is awaiting for the revalue to happen to begin exchanging the new for the old. There is a lot more happening which tells me there is going to be an RV very soon.
6-13-2012 Newshound Guru Scooter I think the tariff taxes are very important but it won't matter or have any impact on the bearing of the rate and here's why...They will receive the same value or amount regardless, the rate will be determined by the strength of the economy not by the amount they tax on imported goods and services and the economy and countries wealth is determined by exporting products throughout the world and that will be judged through their GDP.
6-13-2012 Newshound Guru Mike CBI is granting more and more licenses to private banks and getting the private sector on board and ready to go...the traders on the street are getting hurt by the new banks being able to give out money... not that we want to see any business get hurt but as they grow, that is one of the things that the Central Bank is going to take over and you are going to see these money changers go away. We like to see that happening...that tells us they are getting it ready. [note:] Dr Shabibi...is going to be talking at the World Banking Summit June 26 – 27. ["continued in post 2..stay tuned"]
6-13-2012 Intel Guru DinarWishes what a ride this has been and its not over yet...Im hearing there are some last minute things trying to be finished up which couldn't be done prior to now... and Im also hearing that this is almost over...No Hold ups or anything of that nature...Things are looking really good from a standpoint of alignment...So, hang in there and remember it isnt over till we do our exchange at the Bank!!! Nothing is set in stone.
6-13-2012 Intel Guru Hammerman If I told you all the info I have today your heads would explode. im in contact with 10 or so whales that have cashed out. Been confirming all morning. Between this Thursday and the 20th for an RV. I'll really be shocked if we see it this week, with the way they are in timing, I feel late next week we'll see an RV. 2.72 is what I am being told. Not the offical rate, just what is on the cards for every day Iraqi citizens. Government and military will get more I am being told.
6-13-2012 Newshound Guru SWFloridaGuy We should know when Parliament reconvenes and they hold Maliki's interrogation, (which he boasts he won't be present for) if they will be able follow-through with a no-confidence without the support of Talabani, and if they really do have the votes they postulate to. They are trying to muster cross-party support and quite often attendance figures from the initial reports differ from the official Parliament reports. These guys never show up for work. They did enact a penalty system to ensure attendance every once in a while but this remains a prevalent problem. ["continued in post 2..stay tuned"]
6-13-2012 Newshound/Intel Guru BGG I find it interesting they didn’t send Talibani ALL the signatures. They never showed all their cards. Looks like Talibani will have to come up with some excuse to not send the “official word” – or he might well do it at the last minute (I have always expected him to – keep in mind…he IS a Kurd). The Kurds are saying one way or the other – he will lose. His own party (the Diawa party) is going public - blaming the SLC for everything currently going on. If he were in such good shape – wouldn’t you think it’s a little early for the “blame game”?? This is “not-so-good news” for Maliki.
6-13-2012 Intel Guru SteveI this is not a good investment, it is a great one. It will not take all that much longer to get the political wrangling resolved, then the rest will fall into place. It took many years for all of this to happen and it will not be done overnight, however, we are close to the end of this ride.
6-12-2012 Newshound Guru Scooter I think that shabs has three [rates] they've somewhat indicated these in the country reports two years ago from the imf there's a low ceiling, mid ceiling, and high ceiling...the low would be under the .86 range the mid tier between 1.00 - 2.05 and the high upper two's...but nevertheless -- even the low the numbers wouldn't work with the state of their economy right now, it will get there it's just going take a bit more time...the reality is they can make their rate anything they want but they would have a heck of a time getting it accepted throughout the world. I think the longer he waits won't have too much effect which option he chooses, IMO.
6-12-2012 Intel Guru Ray I...truly believe there will be an RV and it will be very soon. Shabibi has personally said this several times in public. A man of his character would not make these claims if they weren't true. I know a lot about what is going on over there and all the preparations being made to RV the currency. The Iraqi people are being told daily what to do when it revalues and that they will be very happy because the dinar will be the strongest currency in the region.
6-12-2012 Intel Guru BellaGrits SMALL THINGS HAD TO BE DEALT WITH ...AND THEY WERE...IT TOOK ME A LONG TIME TO TRACK THE REAL TRUTH DOWN...WE ARE BACK ON TRACK....THINGS ARE MOVING ALONG VERY NICELY, AND WE ARE JUST WAITING "PATIENTLY"...THINGS ARE LOOKING GOOD.
6-12-2012 Intel Guru Angelquest WE ARE HERE AT THE MOMENT IN TIME OF NO RETURN...15TH IS MY OUTSIDE DATE...IT CAN POP ANYTIME...I KNOW WE SAY THIS ALOT BUT IT IS TRUE.
6-12-2012 Intel Guru Blaino Apparently, and according to 3 confirmed Dinarians, some large IQD holders "MAY"..."MAY" be getting some signals regarding ..."CASHING OUT"...AHHHH...LET ME TYPE THOSE GOLDEN WORDS ONE MORE TIME.... "CASHING OUT!" Feels good just to type it out...WHHOOOO-BAY_BEEEEE!
6-12-2012 Intel Guru Hammerman info is still smoking good...imo some upper class in iraq are using smart cards...i belive announcements within 48 hours if intel is true...we should here of it in iraq...then hours later here, then days later we get to the bank...my best intel just told me should be wealthy by the june 27th...all we can do is sit back hope an wait. intel says meeting on the 15th [un] wont speed this up, not a concern for iraq...whales with over 50bil have gotten money...whales withover 500mil starting within a hour...all is still good, and all is positive.
6-12-2012 Newshound/Intel Guru SWFloridaGuy lets hope a deal has already been struck. The last statement released said Maliki has now agreed to most of the points regarding Erbil, ministers etc. Lets hope that statement is true. If it is, then we will see formal public announcements of power sharing and we can turn our focus back to the CBI and their currency reform project. I’m disappointed Talabani seems to be backing Maliki but if they can reach an agreement (a real one) then maybe that’s the quickest, most painless solution anyway. Given Maliki’s history though, it’s very hard to trust him.
6-12-2012 Newshound Guru BGG We are on schedule, on track, going in the right direction. Let's be cautious...let's give the process time to work out.
*****Poppy3 Update - Prayer are being requested for Poppy3 - he has internal bleeding and one of the ribs has punctured a lung.*****
6-12-2012 Newshound Guru Med NOW THIS JUNE 15TH MEETING WITH THE UNSC IS ALWAYS MISINTERPRETED AS A CHAPTER VII MEETING, IT IS NOT. THIS IS THE ANNUAL UNAMI REPORT, READ AND DISCUSSED. IT ALSO IS THE TIME THEY RECOMMEND TO CONTINUE OR NOT. FOR THOSE WHO DONT KNOW WHAT THE UNAMI IS, IT IS THE UNITED NATIONS ASSISTANCE MISSION IRAQ. THEY PROVIDE GUIDANCE AND ASSISTANCE TO IRAQI'S AND TRY TO IMPROVE THE QUALITY OF LIFE BY WORKING WITH THE IRAQI GOVT.
6-12-2012 Intel Guru Cap1 ALL IS LOOKING SO VERY GOOD RIGHT NOW. IF THERE WAS ANYTHING THAT WOULD SHED A NEGATIVE LIGHT ON THIS ADVENTURE, I WOULD LET YOU KNOW. MANY THINGS HAD TO BE ACCOMPLISHED BEHIND THE SCENES AS THIS IS AN EVER GROWING PROJECT OF GARGANTUAN PROPORTIONS. THE WHOLE RV/GLOBAL RESET HAS TAKEN ON A LIFE OF ITS OWN. WE'RE IN THE HOME STRETCH.
6-12-2012 Intel Guru TerryK I WANT YOU ALL TO KNOW THAT WE HAD A CHANCE, A STRONG CHANCE LAST NIGHT TO RV. THERE WAS ANOTHER ATTEMPT TO REMOVE M FROM POWER YESTERDAY AND THERE ARE NOT ENOUGH VOTES TO DO SO. NOW THERE ARE THREATS JUST TO REMOVE HIM FROM POWER. I PRAY THIS IS DONE PRIOR TO THE 15TH. I DO KNOW TODAY THERE ARE TALKS GOING ON...IF THEY DONT REMOVE HIM, I THINK THIS WILL PUSH TO SEPT 1.
6-12-2012 Newshound Guru Med I THINK THAT IT IS POSSIBLE THAT THE TARIFFS WILL FORCE AN DRAMATIC MOVE BY CBI ON THE RATE OF EXCHANGE INFLATION IS HOVERING AROUND THAT AREA WHERE IT COULD REDLINE IN A MATTER OF A FEW DAYS TO A FEW WKS AND AT THAT MOMENT SHABIBI SAID HE WILL NOT HESITATE AND I BELIEVE HIM HE IS A MAN OF FEW WORDS BUT WHEN HE DOES SPEAK IT USUALLY MEANS SOMETHING. WE KNOW HIS GOAL IS WHAT WHAT DID HE SAY HE WANTED THE DINAR TO BE AT IN SEPTEMBER OF 2011, ONE TO ONE WITH THE USD. THIS IS FACT AND IS THE ONLY TIME HE CAME OUT WITH ANY VALUE.
6-12-12 Intel Guru Footforward The Dinar and the Dong are to go at the same time. It can happen at any time.
6-12-2012 Newshound/Intel Guru BGG You just don't get how bad off Maliki really is right now. There is consideration in his own party of either an attempted military take-over or having Maliki resign and someone from the Dawa internal party take-over. It's really bad for him. It might have been easier if Maliki or Talibani or anyone would have stood up and done the right thing. If they don't move on Maliki in the Parliament in the next 7-10 days I will be shocked!!
6-12-2012 Intel Guru FreewayBill [Freeway Bill from 6-9-12: Another day, another 85 cents.] The corrected extra rate accumulating for Dinar Holders for each day delayed is .085 not .85. My bad...085 per day was what I was told...sorry for the misunderstanding. From my understanding, there was a "penalty" put on to cover what this has costs all of the banks involved and countries involved while they have been made to stand ready and it costs them money and lots of it. I know for a fact that there will be a "country" rate which will be much higher than the coded rate which will be higher than the bank rate. The country code is increasing daily to pay some of these losses back to countries, who for their part have been ready and are suffering because of the delays. From what I understand, this penalty phase started a few weeks ago and continues.
6-11-2012 Newshound Guru Med WHEN SHABIBI ANNOUNCED HE WAS READY TO TURN THE REMOVAL OF THE ZERO'S FROM THE NOMINAL VALUE HE COULD HAVE DIVERTED THE PROBLEMS WITH SYRIA AND IRAN BUT HE IS NOT RESPONSIBLE FOR WHO THEY AGREE TO DO TRADE WITH SO MALIKI HURT THE VALUE OF THE DINAR BY DOING SO. NOW I WANT TO SEE IF THE U.S. OR COMPANIES IN THE U.S. ARE GOING TO BE ALLOWED TO ACCEPT THE DINAR FOR PAYEMNT. ONCE THEY ARE ALLOWED, THIS IS THE DOOR TO THE RV FOR US
6-11-2012 Newshound Guru SWFloridaGuy I don't expect a RV overnight but I do believe that after the National Meeting, if we see announcements of permanent Ministers, Erbil power sharing and the Strategic Council, the CBI will move ahead with their economic reforms and we could see a higher exchange rate on the IQD.
6-11-2012 Intel Guru BellaGrits I will tell you I had some awesome phone calls today all day...things are looking very nice in the dinar world, as they have been for quite some time...I have all good news headed in my direction...so, we just sit back and let this little RV run it's course.
6-11-2012 Newshound Guru Med EVEN IF THEY DID NOT GET THE 163 DOES NOT MEAN IT IS DEAD. THEY WANT IT PUT TO A VOTE ANYWAYS AND A SECRET BALLOT. THE BLOCS WHO WANT MALIKI OUT ARE BRINGING THIS TO TALIBANI AND THEY WANT PARLIAMENT TO DECIDE, NOT HIM, ON WHETHER MALIKI STAYS OR NOT. THEY FEEL...THEY WILL GET THE VOTES ON A SECRET BALLOT. THEY FEEL THAT MALIKI WAS ABLE TO INTIMIDATE...AND THAT IF HE DOESNT KNOW WHO DID IT THEN THEY WILL GET WHAT THEY NEED NOW.
6-11-2012 Newshound Guru SWFloridaGuy for some time the IMF and World Bank have instructed the CBI on how to correct abuses, implement policies, improve economic efficiency, and enter the next phase of their currency reform project. Although there are still many areas in need of improvement (as we saw listed at last year's World Bank mtg with the IMF), Iraq has come a long way. At this point they may just be waiting for the opportune time and a stable political environment that will ensure the success of the project. Stability and inflation have always been key factors. Look for a date announced for the National Meeting and the outcome of the ones I previously mentioned. ["continued in post 3..stay tuned"]
6-11-2012 Newshound/Intel Guru ArizonaHeat it is evident that Iraq has failed to bring the country as a whole into a international status, a strong point of that is a devalued currency...With the extension of the SBA [“Stand By Arrangement”] coming to an end and no further extension in site, that coupled with Dr. Shabibi’s notes, it appears this situation is finally coming to a head. One way or the other, The Dinar will have to revalue or the IMF who hold the purse strings to Iraq could very well revalue it for them on advice from the UN Security Council. This is not my opinion, but the Opinion from a man who deals with these types of situations on a daily basis...Dr. XXXXX in Washington, who has a doctoring in political and financial science.
6-11-2012 Newshound/Intel Guru BGG Jaafari and Maliki had a meeting with Hakim to “probe” the depth of his support for Maliki – just yesterday. Again, if Maliki were in such good shape politically – why the hit squads for his successor, the threat of arrest towards Sadr and this meeting to take Hakim’s temperature?? The truth of the matter is - Maliki knows as much about his fate as you and I do.
6-11-2012 Newshound Guru 8Ball What happened this weekend...and What if ? What if...Saturdays meeting was the National Convention - Talibani was there - they said they had only had 160 seats - we know by math that they have allot more than they need for the vote of no confidence...Kurds + Allawi + Sadr > 163 seats. Biden flew into to Baghdad (same night for 2 hours) - was it just a visit - was it to get the results - was met by high level government officials - Biden never left the airport - meeting was held in a special room in the Baghdad airport - they have got quite, really quick after pummeling Maliki in the media about no confidence - now Maliki will address the people to tell them...what the real problems are...somethings brewing ? Maybe even moving forward...My take.
6-11-2012 Newshound/Intel Guru BGG It is highly likely the opposition will have Maliki “interrogated” in Parliament as a first step towards removal. This should happen soon. They don’t need Talibani to “sign off” – but they would prefer not to “alienate” him. Iraq is still operating under a UN mandated, artificially low, “pre-programmed” currency rate. This will remain until they believe Iraq is no longer a threat to the world. Once there is again a legitimate “balance of power” in Iraq – they will move forward. Sooner or later – this will happen.
6-11-2012 Newshound/Intel Guru ArizonaHeat The key objectives of the current SBA [“Stand By Arrangement”] remain the same as in past programs--the preservation of macroeconomic stability, and the adoption of policies and measures to ensure sustainable growth and poverty reduction. This is not working, poverty and unemployment is at a staggering all time high. Time is running out on Iraq, at a very rapid and staggering pace. Dr. Shabibi spoke last January speaking of lower denoms and higher denoms working side by side starting “BY” September. So now the UN security council will be meeting and Iraq will be part of their agenda, don’t look at the chapter 7 issues, look and the conditions of Iraq and what actions can or will be taken if they cannot (Iraq) give good reason as to why the situation in Iraq still stands the way it does. ["continued in post 2...stay tuned"]
6-11-2012 Newshound Guru SWFloridaGuy This month is an important one for Iraq. In 4 days they have the UNSC meeting. Tariffs go into effect at the end of the month and on the 26th and 27th of June is the World Banking and Financial Summit in London. Shabibi of the CBI will be speaking and will examine the changing shape of global banking and finance in the light of the macroeconomic imbalances in the world economy. The World Gold Council, DeLaRue company and major banks from around the world will be in attendance. ["continued in post 2...stay tuned"]
*****Poppy3 Update - He is home, healing, but not super happy - lots of pain.*****
6-11-2012 Intel Guru Hammerman Trying to see if there's any truth in yesterdays intel. If there's any truth to it at all, we are within 10 days. (or less hint hint)...Intel is great, almost to good, that's what concerns me.
6-11-2012 Newshound Guru Scooter I think we are heading for a Hybrid solution between the redenomination and the strategic goal of the country to increase the purchasing power of the people. A process that will take time. What they will open up at, nobody knows but it should be interesting. I think when we see the lower denoms floating into the market and being used exclusively by the people of Iraq, you'll see several significant jumps in the value. Largely because they'll need this to reflect the purchasing of common items food, milk, bread etc.
6-11-2012 Newshound Guru Bondlady With Maliki's new initiative maybe they will finish the HCL and art 140 also. It is said that the President [Talibani] had called in a presidential statement recently to...8 things...from the erbril agreements, the ones which can be done by the constitution...basic necessities such as oil and gas law. WOWZA, if done, so r we IMO...the other 12 points of the erbril agreements will be left for them to continue to do what they do, fight over them. i guess we wait to see whats gonna happen today...if they push to go ahead an question maliki in parl and not do the no confidence.
6-10-2012 Intel Guru Okie_Oil_Man THE INTEL MILL IS RUNNING FULL BLAST. MANY SOURCES POINTING TO THE IMMENENCE OF THIS HAPPENING AND HAVE NOT RULED OUT TODAY AS A POSSIBILITY. SOME SOURCES REPORT CONFIRMATIONS--SOME SOURCES SAY'S NOT YET--BUT SOON. (BOY I HATE THAT WORD SOON). I CAN NOT STATE WHO-WHERE OR WHAT THE INTEL IS --BUT IT IS GREAT--AS SOON AS I AM TURNED LOOSE--LIKE PAUL HARVEY--I WILL TELL YOU THE REST OF THE STORY.
6-10-2012 Intel Guru Footforward I EXPECT THE VND AND DINAR TO GO AT THE SAME TIME, STILL LOOKING FOR A GOOD RATE ON THE DINAR, AND THIS CAN STILL HAPPEN ANY TIME. I DONT KNOW WHEN ITS GOING TO HAPPEN, ALL I KNOW IS EVERYTHING THAT MUST BE IN PLACE IS IN PLACE, AND IT CAN GO ANY TIME NOW.
6-10-2012 Newshound Guru SWFloridaGuy "The Seattle Times reported that the Iraq president says the PM critics didn't muster majority. Opponents of Prime Minister Nouri al-Maliki have failed to muster enough support to bring him down in a vote of no confidence, Iraq's president said in a statement posted on his website Sunday. Last week, the prime minister's opponents said they sent a letter to Talabani with pledges from 176 lawmakers in the 325-member parliament - or a dozen more than the 164 needed - that they would vote for the prime minister's recall. However, Talabani said Sunday that the letter only has 160 valid signatures. He said 13 lawmakers informed him that they are withdrawing or suspending their signatures."
6-10-2012 Intel Guru Bluwolf YOU ALL KNOW WHERE WE ARE AT...YOU KNOW THAT WE ARE AWAITING JUST FOR A PHONE CALL...THAT BEING SAID YOU ALL KNOW THAT ALL IS ON TRACK.
6-10-2012 Intel Guru Fresh this is just my opinion but there is a LOT of money being promised to solve the major debt issues around the world - I find that last part indicating more or less time is of the essence!
6-10-2012 Newshound/Intel Guru ArizonaHeat I read a document on a study done on Iraq and the people there, no food, no water, no electricity, no jobs, so if you think for one second they want to continue on like this, you might as well just sell off whatever dinar you have and move on...we are a very small part of this situation, we don’t matter in the broad spectrum of things, so no one even cares about who calls it, the amount of dinar sold, none of that crap means anything to the Iraq RV or to the people in charge of this.
6-10-2012 Newshound Guru SWFloridaGuy Let's hope a deal was struck, let's hope tariffs are as important as we think they are, let's hope Iraq wants to be in a good position for their meeting on the 15th with the UNSC and let's hope soon this baby pops.
6-10-2012 Newshound/Intel Guru BGG Stick a fork in Maliki - he's done...Hakim was in a meeting with Jaafari and Maliki today and they were "probing" him on the depth of his "support" - which means, once this thing goes to a "secret ballot" Maliki is toast.
6-10-2012 Comedian Guru Okie_Oil_Man I AM HOPING THE FINAL POST WILL BE AN EX-LAX POST--(ONE THAT REALLY MOVES YOU). MY LAST REQUEST BEFORE I DIE IS TO HOLD HAND'S WITH A LAWYER ON 1 SIDE OF THE BED AND A BANKER ON THE OTHER SIDE OF THE BED--I WAS ASKED WHY?--AND I REPLIED-----WELL JESUS DIED BETWEEN 2 THIEVES. REMEMBER BEFORE OBAMA--WE HAD BOB HOPE AND JOHNNY CASH--AFTER OBAMA--NO HOPE-NO CASH. REALLY ENJOYED LETTING MY HAIR DOWN (WHAT I HAVE LEFT). [Thanks Okie, for lightening up our day!! LOL]
6-10-2012 Newshound/Intel Guru ArizonaHeat Iraq PM Maliki is...going nowhere. The information being brought to you by the wonderful world of Middle Eastern news agencies is BS. I’m confident that not only does Iraq want this done, so does the IMF, they are on the line for some big bucks with Iraq, the UN will also step in if the conditions of Iraq don’t improve very quickly. ["continued in post 2...stay tuned"]
6-10-2012 Newshound Guru 8Ball Maliki can't do anything on his own...its the hidden people that are behind the scenes that fear losing power and its a test of wills right now as Allawi and the Kurds ratchet up the votes I fully expect a total cave in. Maliki and the Shiites were on the brink of destruction. If a party reforms with 163 seats + Talibani will send a letter to Parliament to begin the process of dissolving the current government since they will not hold a majority Maliki and the Shiites are on the edge...who will blink first. the meeting today is the threat...so we will have to wait until about 3pm est for more news to see what happens in Iraq.
6-10-2012 Intel Guru Blaino THERE APPEARS TO BE SOME FINANCIAL MOTIONS AND SOME WHISPERS ABOUT CREDITORS (READ THAT AS "PARIS CLUB") AND OTHERS WHO HAVE 'PRIORITY' WHERE PAYBACKS ARE CONCERNED. WHERE WILL THE $ COME FROM? I HAVE AN IDEA THAT IT COULD ALREADY BE THERE, JUST NEEDS TO BE "REVALUED" TO GET THIS SHOW ON THE ROAD NOW! THERE IS MUCH MORE THAT MAY DEVELOP IN THE NEXT SEVERAL DAYS. WE CAN ONLY WAIT AND WATCH TO BE SURE, BUT WE DO SEE THINGS HAPPENING AND THE SUBTLE THINGS THAT ARE INDICATORS OF THINGS TO COME ARE DEFINITLY ON THE TURN TO OUR DIRECTION!
6-10-2012 Intel Guru Hammerman there is a lot of rumor in the streets that Maliki has left the policial stage... whether he removed himself or was removed, that was rumor in the street from TV news...they are all going to act together to get this done hopefully by tomorrow afternoon we will hear the scoop on Maliki and whether he is in there or not.
6-10-2012 Newshound Guru Med IT WAS THE GOI WHO HAS STYMIED ANY PRIVATE SECTOR DEVELOPMENT, THEY HAVE STOPPED MAJOR INVESTMENTS AND MONEY FROM COMING INTO IRAQ, EVERYONE TRIED TO HELP IRAQ OUT OF THIS THE WORLD BANK THE IMF THE U.S., THE UN...BUT WE TURNED IT OVER TOO QUICKLY AND WE HAD NO EXIT PLAN...THAT WAS OUR OBVIOUS MISTAKE.
6-10-2012 Intel Guru FreewayBill It has been estimated by reliable sources that at this point and time, every day that it does not happen, the ending rate will be increased by 85 cents. If you put that into real numbers, that would be 850,000 for every million dinar you have. That is not such a bad fee for the torment and misery so many are going through. However, at this point, I am sure that almost all would gladly forgo the profiting period to just get this over with. Legistics is the holdup...Not Obama, Not Maliki, or anyone else. Once they have all systems in line, we will be going to the bank.
6-10-2012 Newshound Guru 8Ball meetings yesterday...brought Maliki to the edge of destruction of his government, 160 votes. there is another meeting scheduled today which will probably require...high level finance to purchase the remaining three seats either by position or $. they are giving Maliki every last minute to implement the agreements. I think when they mentioned the forged signatures, they were the signatures which Maliki bought back...they just don't like to say it the way it really is. ["continued in post 2...stay tuned"]
6-10-2012 Intel Guru Okie_Oil_Man MY SOURCES ARE TELLING ME THAT THIS RV PROCESS IS LOOKING VERY POSITIVE. I AM STILL WAITING, AS YOU ARE, FOR "THE CALL” SO I CAN POST WHAT WE ARE HERE FOR - "THE FINAL POST". DON’T CONCERN YOURSELF WITH HOLDUPS – THERE ARE NONE, A WORLD CHANGING EVENT DICTATES ALL THE I'S GET DOTTED AND ALL T'S CROSSED. YOU HAVE NO IDEA HOW HARD IT IS FOR ME KEEP QUIET AT THIS TIME WHEN I’M SO EXCITED ABOUT THE INFORMATION I’M RECEIVING...I AM EXPECTING THE FINAL POST SOON.
6-10-2012 Newshound Guru Mike its getting safer over there so people are coming back...the government is starting to punch out some money to the families and people - what better thing can you do to start the middle class and get them going - RV your money - give them value - give them more purchasing power so they can actually start to buy and want to invest...lots of positive things happening when you put it all into perspective.
6-10-2012 Intel Guru Hammerman you can expect some incredible announcements between tomorrow and Tuesday...I can confirm masses of world delegations arriving tonight into tomorrow... have heard it could have something to do with an RV...ch7 does not affect this RV. The part they needed to get done is done... iraq will announce reevaluation to their country and then will give 6-8 hours before can announce to other countries...have heard from a couple of unconfirmed rumors, the additional rate was to be $2.77 range.
6-10-2012 Intel Guru Bulldog75 'Our Window is Still Wide Open'...our Time and RV is Inevitable. No obstacles in Sight. Nothing but Blue Skies is What I see.
6-9-2012 Newshound Guru Vic1 I spoke to UN...directly...Chapter 7...does not interfere...with Revaluing a Currency!!! June 15, 2012...unsc...will meet..for iraq/kuwait file!!! No Stop signs...KUWAIT....is asking...Please...can we get this Darn Chapter7 non-sense....DONE!!!
6-9-2012 Intel Guru BellaGrits things seem to be moving rather swiftly at this point...we are well on track....indeed!! Things look better than ever.
6-9-2012 Newshound Guru Mike We want to see 140 implemented - we read about the 140 Commission saying it is pretty much here - we have the groundwork laid...lets go ahead and figure out how to solve the 140. Now some people will say well they are signing contracts then that means they must have it in place - Truly you can't have the 140 in place because they are telling us they don't - so it means all of these things being signed are unconstitutional.
6-9-2012 Intel Guru Cap1 WE SHOULD BE DONE IN DAYS OR MAYBE HOURS, I DON'T HAVE THE TIME CLOCK BUT I KNOW IT'S CLOSE...SO VERY CLOSE. KNOW THAT OUR TIME OF VICTORY AND COMPLETION DRAWS NEAR, WE ARE ON THE BRINK OF HISTORY.
6-9-2012 Intel Guru Blaino THERE WERE RUMBLINGS IN THE SANDBOX...MEDIA SEEMS IN A BIT OF A TIZZY AND FOLKS ARE ALL HEADING THAT WAY. STATE OF LAW COALITION IS NOW CLAIMING MANY OF THE SIGNATURES ON THE VOTE OF NO CONFIDENCE ARE FORGED, FAKED OR SOMETHING LESS THAN REAL. SOMETHING IS ALSO HAPPENING IN THE MILITARY AS SOME RIPPLES ARE SHOWING UP WORLDWIDE. COULD BE SOME QUIET ALERT TO READY SPECIAL FORCES AND OR MILITARY SUPPORT TROOPS OR PEACEKEEPERS. ["continued in post 2...stay tuned"]
6-9-2012 Newshound Guru Mike Maliki, the cat of Nine Lives, has certainly staved off vote of No-Confidence at this point...Talabani has decided that he really wants to work this out amongst the presidencies and...Kurds have kinda flown back to Kurdistan...trying to figure out what there next possible plan of action is...they realize they want to pressure - they want to get the 140 implemented and they want to get the things that have been decided on done and ready to go...we don't have a dog in the race other than we want to see the government formed well enough so they can RV and obviously Shabibi seems to be moving at breakneck speed to try and stave off these things to get this done.
6-8-2012 Intel Guru Bear5642 The tarfiffs are in place and the WTO will not let them even trade without a REvalued curerncy. They are up against the wall, Iraq is backed up into a corner and they have to do something. Chapter 7 will not go away either unless they RV. June 15th still on track for UNSC (Chapter 7 release?) and tariffs implemented July 1st. Hard to see us getting out of June 2012 without an RV on the IQD (and VND). Maliki is not the issue, Iraq needs the money now and with Tariffs in place and the WTO saying they can't trade without a RV'd currency, puts them in a tight spot. Iraq needs to do this period, that's all and the banks are well aware of the pending RV. It will be soon, I'm hoping by June 15th.
6-8-2012 Intel Guru Hammerman comfirmed, through no less the 3 USA an 2 overseas contacts...there is about 800 CIA, secret service, an FBI heading to iraq region...there is also about 3000 USA special forces in plain clothes heading to Bagdad...they are prepping to protect over 50 other country delegations heading to Bagdag...there is also alot...of world news media staying in the region, there is no room for them in Bagdag there is so many coming in...theres other hot news but not going into it cause can not prove yet, but these people are getting ready for something...yall will get more as i comfirm, live, love, and learn.
***** Poppy3 Update - They are sending him home tonite (I think) but he's not a happy camper. He's hurt pretty bad and they have already written his discharge - Ouch!! he said to thank everyone for the prayers...and Mrs Poppy will keep him well in hand. She's already put her foot down over the horse.*****
6-8-2012 Newshound Guru Mike they are intent on really trying to keep tariffs moving forward and Shabibi is taking it seriously. They are opening up the State Banks to cash in - to give out dollars and exchange dinars for dollars and all that- giving them a lower rate than what they can find on the street - They are going to keep that rate within a 2% margin so they can squeeze the street vendors out so that the larger money will come to the bank because it will be a better deal...they are moving forward - they have stabillized their rate and they are continuing to stabilize their rate and hopefully Shabibi will be ready for the next major thing he is going to encounter which will be his tariffs coming up. ["continued in post 2...stay tuned"]
6-8-2012 Newshound Guru SWFloridaGuy Once the terms are finalized, they are submitted to the WTO's General Council. If two-thirds of the members vote in favor, than Iraq may accede to the WTO. So, as you can see, it's not a simple process. To convolute matters, since Iraq's plan is to dedollarize and not continue using the USD as their primary currency, they need to make the IQD a convertible one as accession stipulates. Other than seeing WTO accession as general progress for Iraq, this issue in particular (convertible currency) is something we as Dinarians find may have some applicability.
6-8-2012 Newshound Guru SWFloridaGuy We are hearing a lot of speculation regarding Iraq's accession to the WTO...This is a complex process and the WTO...membership is considered on an individual, case-specific basis. There are private requirements and stipulations in addition to the basic, general guidelines...Iraq has to lay out all their economic and trade policies that relate to WTO agreements. When Iraq submits this memorandum a panel will consider the application. When the principles and policies are in place, additional negotiations will commence between Iraq and other countries. ["continued in post 2...stay tuned"]
6-8-2012 Newshound Guru Adam Montana The more pressure Maliki is under, the more likely he is to finally stick his neck out and force some movement in the GOI and/or Arbil-Erbil-Irbil, the closer we are to resolution on the HCL.
6-8-2012 Intel Guru Hammerman no change in info...all we can do is hope for next week...this event will happen when the timming is right...everybody thought the dong would go yesterday...everybody with intel goverment contacts...and banking contacts...this is so nuts...live love and learn.
6-8-2012 Newshound Guru Doc Money supply needs to be reduced to support a significant RV. We will not argue the absolute value of the current money supply since it does not matter. Lets just say it is 10s of trillions and has to be reduced to support a RV. Without a reduction even a RV of $1 is economic suicide. The value of the dinar would be greater than all the currencies currently in the world. This is also why when anyone who proposes ridiculous rates like $3+ obviously have no clue of basic economic principles.
6-8-2012 Newshound Guru Mike Nobody knows the time or the date...Watch what is going on…This is a process – its not something that is going to happen overnight. Are we moving forward? YES we are moving forward…We are moving someone out of the way – The CBI is in place and lets look at all the next steps as we come forward...its just a matter of time…and in the great words of Iraq…any moment now…which we all know what that means.
6-8-2012 Intel Guru BWM I still believe what is going on in Iraq is a "theatre" of sorts... just waiting for the world to tell it to "wrap it up" and close the curtain after they announce their final to-do list.
***** Poppy3 Update - last nite - they were just waiting for scans so they could come home. At that point they thought he just had a broken shoulder blade. However...he wasn't feeling too good, the scans turned up 3 broken ribs and some internal bleeding. They kept him overnite.*****
6-8-2012 Intel Guru Frank26 one of the WTO prerequisites is to have an internationally recognizable and tradable currency in order for them to be full member. The only way that’s going to happen is for them to be accepted as part of the world economic community. This is why...the UNSC, which is the USA, will not give them the keys to their shackles, the final part of chapter 7, until they raise the value of their currency; because that is one of the prerequisites to enter the WTO, which also is the USA. Do you see the catch 22? We are in control. We will not allow them to do anything until they know what they are doing with their currency. From the 7th – 15th we are looking for the birth [RV?] to be announced. Then on the 15th the UNSC can give Iraq Chapter 7. If not they will be moved over to next month and so will the tariffs on the 30th.
6-8-2012 Intel Guru Ray my contact...was telling me...the people in Iraq...want Maliki to complete his term of 18 months that are left. They voted for him and want him to finish his term. They are also saying that if Maliki goes, then they are going to protest and ask for the removal of Talabani, Barzani and Allawi too. They feel Maliki can finish the job and want the Kurds and Sunnis to butt out and work with Malaki. They are upset with the Kurds trying to do things on their own instead of following the Constitution. They truly want democracy to work and not have just a few leaders try to dictate how things should be. I still truly feel this investment is going to happen as you do.
6-8-2012 Newshound Guru Mike Maliki, the cat of Nine Lives, has certainly staved off vote of No-Confidence at this point...Talabani has decided that he really wants to work this out amongst the presidencies and...Kurds have kinda flown back to Kurdistan...trying to figure out what there next possible plan of action is...they realize they want to pressure - they want to get the 140 implemented and they want to get the things that have been decided on done and ready to go...we don't have a dog in the race other than we want to see the government formed well enough so they can RV and obviously Shabibi seems to be moving at breakneck speed to try and stave off these things to get this done.
6-8-2012 Intel Guru Blaino THERE WERE RUMBLINGS IN THE SANDBOX...MEDIA SEEMS IN A BIT OF A TIZZY AND FOLKS ARE ALL HEADING THAT WAY. STATE OF LAW COALITION IS NOW CLAIMING MANY OF THE SIGNATURES ON THE VOTE OF NO CONFIDENCE ARE FORGED, FAKED OR SOMETHING LESS THAN REAL. SOMETHING IS ALSO HAPPENING IN THE MILITARY AS SOME RIPPLES ARE SHOWING UP WORLDWIDE. COULD BE SOME QUIET ALERT TO READY SPECIAL FORCES AND OR MILITARY SUPPORT TROOPS OR PEACEKEEPERS. ["continued in post 2...stay tuned"]*****Poppy3 Update - Pops broke his shoulder blade and they were waiting for a CT scan to come back before they let him go....looks good...Don't think he hit his head.*****
*****One of the dinar community's guru, Poppy3, fell off of his horse today and is at the Emergency Room. Please keep him in your prayers.*****
6-7-2012 Newshound Guru Adam Montana I don't think Maliki will be given that long, and I think Shabibi will come back into the limelight again before September. So - I don't think it will go to 2013. In my opinion, I am pretty confident in the "now to September" timeline. I could be way off, it might take another 10 years. [10 years? I Hope you're kidding A. M. ; ( ]
6-7-2012 Intel Guru Jonnywg all the talk is that we will continue to get our chances until one day we are successfull...we are very close and all significant problems are resolved...i still feel the final settle rates after a few days will be single DIGIT...This will still be an unbelievable return on INVESTMENT.
6-7-2012 Newshound/Intel Guru BGG If Maliki stays, Iraq stays poor and Iran and Turkey don’t have to worry about a titantic economy right next door. It’s purely out of self-preservation they support Maliki...Talibani is working right through the process and when it comes right down to it – if he has to, he will request Maliki be removed. I think Maliki knows what the end result is and this is why you will see continued visceral attacks by him in the near future. He knows the truth and he’ll go down swinging.
6-7-2012 Newshound Guru Mike Maliki has basically stood in the way of all of the progress...because he has wanted all that power – its really simple as that…power and money. I can’ tell you if the system is right or wrong but you want them to operate inside the system...and you want the CBI to know they are operating inside that system...so they can pass the laws that they need to get this banking system off the ground and the private sector started ...Once those things are in Place you get the oil and the gas that goes into the economy, THEN YOU ADD THE BIG FUEL...THE ROCKET FUEL…WHICH IS THE RV. ["continued in post 7...stay tuned"]
6-7-2012 Newshound Guru Vic1 There is such GOOD NEWS!!! We need to remember...I'm might be a month or 15 days off! However...The JUNE 1st...tax and tariffs...means...the count down started for the WTO!!! This MALIKI....GUY...IMHO....IS outta here!!!
6-7-2012 Intel/Newshound Guru Poppy3 I was told not to share that news (FBI/CIA delegation trip) but it must have been made public. Biden went there Sunday/Monday time period for about 8 hours and reported back. Now they have a full deligation set to travel there but as of yesterday have not scheduled to trip.
6-7-2012 Newshound Guru Adam Montana the goal here is painfully simple...We all know that in the past, the Iraqi Dinar was worth MUCH more than it is today. Iraq has not lost any of their natural reserves, their oil didn't suddenly evaporate, and their government has continued to stabilize...if Iraq can increase their wealth, if they can give their economy and their people a little "boost" with a Revalue of the Dinar, that has the potential to be the catalyst Iraq needs to dramatically reduce unemployment, dramatically increase overall prosperity, and dramatically change the future for Iraq and also the world...based on those concepts, I am still riding this pony, for better or for worse. I think the ending will not be "worse", I think it will be "better". The question I can't answer, unfortunately..."WHEN!?!" i don't know. At this time, we must simply be patient and watch it play out. ["continued in post 4...stay tuned"]
6-7-2012 Newshound Guru Historian I heard a rumor today that the VND was no longer an exotic currency. Either the source is using the term "exotic" very loosely, or there has been a radical change in the global model of currencies. Or it is just a rumor. Currencies are either major or exotic. If theoretically the VND were no longer an exotic currency, then a radical change would have to have occurred in the global model of currencies whereby investors, institutions and countries would now buy and sell the VND to diversify and hedge their currency holdings. I hope the rumor is true because it would mean not only that the VND has RV’d but that we have a radical change in the currency model. But I would be very happy if the VND simply continued as an exotic currency and just RV’d.
6-7-2012 Newshound/Intel Guru BGG it is my belief most of the current meetings aren’t about the actual vote. They are about what comes after the vote. There is an awful lot of back and forth in the media right now over there being enough votes or not enough votes (seemingly put there on purpose). They are still saying the vote part is a “done deal”. This also puts the trips by both Talibani (to Turkey) and Sadr (to Iran) in a light to make a lot more sense now than a couple of days ago. They may very well be getting some “final” talks out of the way before moving ahead. ["continued in post 2...stay tuned"]
6-7-2012 Newshound Guru Mike Whats going on on the government side - The best info we can give you going forward is that the signatures have been presented…they are being verified…and it looks like they are getting ready to call this extraordinary session to go ahead and do the vote of No Confidence and for the National Party to actually present somebody at the same time to step into that Prime Minister position. So you have people trying to jockey for position – you have years of distrust...But they are moving forward. ["continued in post 6...stay tuned"]
6-7-2012 Intel Guru Okie_Oil_Man EVERYONE IS CLOSELY WATCHING WHAT IS OCCURING IN IRAQ.---STOP WASTING YOUR TIME---IT IS OUT OF IRAQ'S HAND'S AND WHATEVER GOES ON OVER THERE HAS NO IMPLICATION ON THE R/V--THEY SIGNED THAT RIGHT OFF SOME TIME AGO.
6-7-2012 Newshound Guru Vic1 the tax and tariffs were put into gazette...on the 1st! The income tax laws are also on the first of JUNE...The OIL...Companies are signing....Contracts!!! How could they sign contracts if NO.....HCL law! The inflation...is a Worry...However...on June 15th un...meets to Decide progress on iraq/kuwait....file! Kuwait wants chapter7 done...asap!!! this month is smokin...hot!!!
6-7-2012 Newshound Guru Med THE SIMPLE THING HERE IS MALIKI FAILED TO PROVIDE SERVICES TO THE PEOPLE SPENDING BILLIONS, LOSING BILLIONS. HE SAID100 DAYS, THAT WAS A YR AGO. DOES HE DESERVE TO BE IN PRISON, YES. WILL HE SEE PRISON, YES, IF HE DOES NOT RESIGN. ONCE THE AUDITS COME IN AND I AM SURE SHABIBI WILL HAVE A SAY IN IT WHETHER OPENLY OR BEHIND THE SCENES -- THEY GAVE MALIKI AN OUT AND HE WAS TOO MUCH AN EGOMANIAC TO TAKE IT.
6-7-2012 Intel Guru Ray Shabibi just announced publicly two months ago that the dinar would come out at a rate greater than the 1978 rate of $3.22. He didn't say anything about it being a gradual rise. I personally believe it will happen overnight without any fanfare at all. I totally trust this investment and fully believe that it will RV at $3.22 plus overnight. Shabibi gave a drop dead date of September 1 to RV. Saleh has said publicly that it could happen anytime before then too. I feel we all have to be ready for the RV to happen at any moment.
6-7-2012 Newshound Guru Adam Montana if I can give you any GOOD news, it's this: Pressure is turning ON for Maliki to actually do something. I still believe that he is the right person for his job, and he is the best candidate we have in relationship to a large increase in the Iraqi Dinar...but eventually he is going to have to stop stalling, stop making sure every detail is perfect, and eventually he is going to have to make some MOVES. ["continued in post 3...stay tuned"]
6-7-2012 Intel Guru Hammerman The VND is no longer considered an exotic currency according to my sources. I was also told they did do a vote on Maliki and got 17 more than they needed but for some reason they held that vote over his head to convince him to play ball. I was told there will be a lot going down by the 9th. They already exiled Maliki to Switzerland, Europe, London but now he can go to Austria. At some point he will be leaving Iraq, once he gets the paperwork done. They are also going to give Maliki over a billion dollars to leave. I think by the end of next week we could see an RV.
6-24-2012 Intel Guru Hammerman Shabibi & Maliki have flown to Switzerland meeting with the BIS. From another contact, they are adjusting rates, do I know they are adjusting rates for sure, no. I believe this will be done before the 9th of July...the dong before the end of the month [June], can it change, of course it can. I can confirm 100% 15-18 whales have cashed in on the RV inside of the USA!!! They have cashed out with private firms. I can't tell you who but I can confirm 100% as fact that happened. They left with a cashiers check.
6-24-2012 Intel Guru Footforward THIS CAN GO ANY TIME AND ARE LOOKING FOR IT BETWEEN NOW AND THE END OF THE MONTH.
6-24-2012 Newshound Guru Duckyboy As you can see, not much has changed in forming the GOI. Has it happened in secret? I doubt it. Banks are not in control of the RV, Iraq is and the same is true for the dong. Bottom line is that we don't know when this will happen...The only thing that can be done is to wait. You will know when it happens.
6-24-2012 Intel Guru Bluwolf THIS INTERNATIONAL RELEASE IS A COMPLICATED AND VERY IMPORTANT ISSUE THAT MUST BE MET WITH THE UTMOST ACCURACY...IT ALREADY RV IN THE PAST...NOW WE AWAIT FOR THE INTERNATIONAL RELEASE OF ALL CURRENCIES. THINGS ARE ON A SECOND TO SECOND BASES RIGHT NOW, THAT IS HOW CLOSE WE ARE. BELIVE ME I AM NOT BEING MISLEAD. I AM NOT AND YOU ARE NOT...NUFF SAID.
6-24-2012 Newshound/Intel Guru BGG The bottom line is – and always has been – Maliki is scared to death that once he actually “shares power” the others will have their way with him. I have a funny feeling he’s trying to garner support so he either stays “as is” or is able to remain PM once he fully implements all agreements. I imagine he’s pretty justified in his fears. He’s treated everyone badly. So, the long and the short of it is – now or later. He’ll probably pay the price and that’s what he’s really worried about.
6-24-2012 Newshound Guru Kaperoni there will be no WTO for Iraq until they get the currency more in line with the USD and accept the conditions of Article VIII of the IMF Guidelines. The good news is that we don’t have to concern ourselves with WTO as the currency reform will come prior. These are big hurdles for the CBI, but clearly in recent days, we can now see there significance of why Dr. Shabibi wants to move forward now. ["continued in post 3...stay tuned"]
6-24-2012 Newshound Guru Enorrste Obviously, Maliki isn't going to just "resign" unless he has cut a deal...And what kind of deal could he cut? It seems to me that he has burnt his bridges with Barzani, Allawi, and Sadr. All three have called him a dictator, So he isn't going to win over any souls with "negotiations" at this point, Imo. If I were a betting man right now I'd say that he will refuse to leave office, claiming some right to appeal. He will do so under the "banner" of being constitutional, when in fact he will be proven wrong. Then we must hope that the voice of the people, through Parliament, clears the air constitutionally because, if he gets a hearing in front of the Court, all bets could be off. On the other hand, if Parliament acts immediately to replace him after the vote, which they have the right to do...then there will be a New Prime Minister named immediately, and the country will move forward, or not...This is the real conundrum.
6-24-2012 Intel Guru Bear5642 I'm hearing this RV has been completed and hopefully Parliament will come together Monday and we should see something. 13 laws were implemented this weekend and 6 were about the RV. It is all great news and in our favor.
6-24-2012 Intel Guru Jonnywg there have been a few setbacks in this elusive RV and those issues have been worked through...we hope to see this in the next few days...I personally feel things should be wrapped up by the end of this month-- meaning, I expect this to be done and over with by the end of the month--next week....please don't misinterpret that statement.
6-24-2012 Intel Guru SWFloridaGuy the SIGR report...stated the economic reforms had been delayed due to political tensions. Nothing in this is guaranteed but the hope is as soon as the political crisis is resolved and we see announcements of Erbil, HCL, Ministers and the Strategic Council, there will be adequate stability and no remaining obstacles left to overcome from a political standpoint. These are just my opinions, which may or may not be correct.
6-24-2012 Newshound Guru Kaperoni In recent days we have seen numerious articles from the CBI about how “all prepartations are done” and that they want to the GOI and Council of Ministers to come onboard and support the CBIs plan. We are starting the see the tremendous burdon on Dr. Shabibi to take the dinar to an “international” level. That without his monetary reform, there is no WTO, no free market economy and limited economic improvement. ["continued in post 2...stay tuned"]
6-24-2012 Intel Guru FreewayBill Get your affairs in order as time draws near for the end of all of this. As we all know, we cannot be sure of the exact day or time but we know that each day gets us closer and that is because things are happening that needed to happen in our own system and those abroad. Okie is not crying WOLF...not this time. GOD BLESS OKIE for cooperating with those up high.
6-24-2012 Intel Guru Bluwolf NO STALLING,,,NO HOLDUPS, NO DELAYS, WE WAIT FOR THE CALL, WE ARE IN A VERY GOOD POSITION AS WE SPEAK.
6-24-2012 Newshound Guru Enorrste the ball is now in Maliki's court, and he has few options left. I also read that a "resolution" is in the works, but time is running short. As I've stated before, the Constitution is clear that he has no right of appeal if they vote him out. I believe that we will see a resolution, one way or another, by early next week. This is consistent, Imo, with Shabibi's overall plan to get this thing off the ground coincidental with the implementation of the Tariff Law. I personally think he may try to do this a day or even a few days prior to the 30th of June, so that the currency is Done at $1 prior to implementation. This would smooth out any potential problems with the "folks" on the ground, and pull the rug out from under economists who have bantered for incessant delays.
6-24-2012 Intel Guru SWFloridaGuy The SIGR report states Iraq's currency reform project, the goal of which is to raise the exchange rate of the IQD to a level just less than equal to the USD, has been postponed due to political tensions. I still believe in a RV 100%. I just don't think we should expect a high rate initially and, in actuality, that would be a dramatic change that would have global financial implications of historic proportions. My money is with the SIGR report until I hear a good rebuttal as to why I should disregard it. I'm also still of the belief that a RV depends upon inflation and stability.
6-24-2012 Intel Guru Footforward NOT HEARING MUCH INTEL...THERE JUST ISNT MUCH TO TELL REALLY...CAN BE ANY TIME. WE ARENT GOING TO KNOW EXACT TIMING...WHEN I SAY THIS CAN GO ANY TIME THERE IS A REASON FOR THAT... I HAVE A CONTACT DIRECTLY INVOLVED IN THIS. MY CONTACT WAS SHOCKED IT WASNT DONE LAST YEAR. ALL IS WELL JUST WAITING FOR OUR CALL.
6-24-2012 Intel Guru FreewayBill Some long time "SOURCES" have been exposed for misinformation that they have purposely been providing to some of our best intel providers. Three letter agency sources have been feeding out lies for years, now they will be silent. This is great news! The confusion may just be less than before and I came on to tell you that I have been in sync with the news that Okie has been providing all of you for the past month. Okie IS IN FACT giving you the real deal. His information is coming from the REAL and RIGHT sources. He is being used as a messenger to all of us in what is going on, so after all this time, do yourself a favor and read everything Okie puts out. ["continued in post 2...stay tuned"]
6-23-2012 Intel Guru Studley I don't believe there is a holdup, this is a massive undertaking...this is not a normal RV...this involves not only our currency, but many currencies, reworking of banking system, and other systems of the world... and restructuring them, IMO we should be very close...I don't know the exact status, but the reworking of the EU is also very closely related to our investment...I have reports [lower denoms] are positioned in many of the banks all over Iraq. There r so many moving parts...it is very hard to see how close we TRULY are.
6-23-2012 Newshound Guru Enorrste I have actually been quite impressed that the Parliament is standing up both for the Constitution and for the democratic process. They are not threatened by Maliki at all, which is amazing. It implies clearly that they have the numbers needed to remove him, and then some. I was also amazed that they had the gonads [uhh ohh!!] to say they'd move the meeting to another province if necessary. Clearly a statement that they weren't threatened by Maliki's removal of the Krails in front of the Parliament building. In short, they are saying that democracy will prevail. But even more importantly, to me, is the fact that several Mps have come out directly and stated unequivocally that Maliki Will Be Removed.
6-23-2012 Intel Guru Bluwolf THE FACT IS THAT WE NOW AWAIT FOR THAT ILLUSIVE PHONE CALL. IT IS APPARANT THAT WE SHALL HAVE SOME INFO BEING RECIEVED SOON, AND I WISH FOR ALL TO JUST RELAX FOR YOU SHALL BE SURVED ANY SECOND NOW.
6-23-2012 Intel Guru BOBGETZ6 I felt the rumblings of the earth yesterday of what was to be an exciting evening and a certain rv. Much excitement abounded and for only two, out of all the times I have been told it was going to happen, I admit I was almost excited. I awoke again to dashed expectations. I hope that Oakie's post is correct and we are rid of the foxes and this can now go forward. However, there always seems to be some lame excuse as to why it has not. As I have always said, there is that unknown piece of the puzzle that doesn't quite fit, and I am ready to become a puzzle piece maker.
6-23-2012 Intel Guru Okie_Oil_Man A fox…Bad Entity…was trying to get into hen house last week but the farmer...Good Entity...is dealing with the fox. The farmer is protecting the dinarians…good will prevail! The Good Entity has made it very clear that they will not release this until they know the money will be safe once you have exchanged your dinar. No one cashed out last week. Many were led to believe that someone cashed out…but please know that the bank said, “NO ONE HAS CASHED OUT” at the bank. What you heard about were a third party side deal…be very careful! DON’T GIVE UP - this will be done at some time because Iraq needs a tradable currency. OKIE HAS GOT YOUR BACK AND IS UP TO THE MOMENT ON INTEL -- WILL SHARE WHEN AUTHORIZED.
6-23-2012 Newshound Guru Bondlady putting someone in the minister of defense...imo is harder to do than the hcl and art 140 both and i totally understand this dilema...whoever holds that holds iraq in there hands. Obedi ...was accepted by all...was 100% accepted by EVERYONE. Allawi...doesnt want progress...he only wants destroy the Maliki gov...he wouldnt have pulled his name back at the beginning when they all acepted him, he had just found out he wouldnt get supreme council post so he began to stir crap and stop any other kind of progress, so he pulled Obedis name out...the hcl had been being done, many of the points were being worked on to implement, but when he jerked back Obedi, that stopped all progress, imo.
6-23-2012 Newshound Guru Med US BANKS DONT HAVE THE LOOSE LIPS LIKE WHAT HAS GONE ON IN IRAQ. AT ONE POINT THE US BANKS HAD A WATCH AND BELIEVED IT WOULD REVALUE THAT WAS 09, IT IS 12 NOW THEY WONT BE TAKEN SERIOUSLY UNLESS THEY SHOW THEM THE MONEY, THAT IS ALL BANKS CARE ABOUT. IF WALL STREET IS WATCHING...I AM SURE THE BANKS ARE.
6-23-2012 Intel Guru BWM there has been a great deal of speculation in the last 24 hours about where we are...the information is still good. THIS IS BEING CONTROLLED AND while we get a bone thrown to us every day, we are still subject to the changes and delays that get thrown at us the same time, they are giving us "expectations"... my expectations have not changed...I continue to "look" and prepare for this to arrive at the earliest possible opportunity...however long that takes.
6-23-2012 Newshound Guru Vic1 IF TALABANI DID RESIGN THEN TAREK AL- HASHEMI WOULD BE PRESIDENT RIGHT? THEN THAT WOULD BE MALIKI'S WORST NIGHT MARE!!! THINK ABOUT THAT, THE MAN HE WANTS TO ARREST FOR TERRORISM IS WHO TAKES HIM DOWN, FUNNY!!
6-23-2012 Newshound Guru Doc So where do we stand ? Simply stated the GOI must become functional which looks like a seat GOI and Ebril resolved. As we see this we are convinced these other issues should as Chapter 7 will be resolved quickly. At this point Shabibi will be in position to pull the trigger. If we look at recent statements by the UNSC and the CBI it appears they believe it will be 4th quarter 2012 at the earliest before the GOI can get it together. The next UNSC meeting is then and if Shabibi want to start dedollarization before the new currency hits is issued the RV will need to happen then. We report, you decide.
6-23-2012 Intel Guru Bluwolf TEST ARE BEING DONE TO SEE THAT ALL TRANSACTIONS COME OUT WITH ALL THE SECURITIES IN THE BANKING SYSTEM, IT IS BETTER THIS WAY. THE LONGER THE WAIT THE HIGHER THE RATE...NO HOLDUPS...WE NOW AWAIT THE INTERNATIONAL RELEASE...WE ARE ON FINAL COUNTDOWN...WE ARE SECOND BY SECOND.
6-23-2012 Newshound Guru Bondlady kurds [are] saying were not gonna give up on art 140 an hcl...what have we been seeing in the news...hcl ready for vote...art 140, billons dinar being pd out on it...like ive said for 2 yrs... kurds will get the majority of there way...allawi will maybe get some.
6-23-2012 Newshound/Intel Guru BGG Looks like we could have the session [emergency session of parliament] started in Arbil as early as Tuesday. This is spectacular news!! If this happens without Maliki having done a deal – my take is…he is completely “porked”. There is no way he survives. I had alluded to the fact a Parliament session on Maliki could happen Thurs/Sat/Sun and then we hear about some outcome Monday or Tuesday – but Tuesday is fine. I don’t mind being off a day or two here and there.
6-23-2012 Newshound Guru Vic1 THE EXCHANGE RATE IS OUTSIDE OF ANY COUNTRIES BORDERS! NOT INTERNAL! THE PURCHASE PRICE IS EFFECTED IN COUNTRY! THE EXCHANGE RATE IS THE PRICE AND WORTH OF ANY COUNTRIES CURRENCY ABROAD!
6-23-2012 Intel Guru Bluwolf No intel from banks for they are on a gag order, no intel being shared by providers for they have been told that someone is leaking out information, so now all communication has stopped and all is in total silence. This is the situation folks but nothing has changed.
6-23-2012 Intel Guru DinarWishes I think this quarter is one of the best Ive ever seen...Markets are going crazy...Precious metals and oil and all of the "Assets" are getting ready to rebound and rebound hard...Hmmm why do you think that is?
6-23-2012 Newshound Guru Doc Several have rightly pointed out that the CBI had indicated earlier dates for issuance of the new currency but those dates have come and gone. We must remember too Shabibi has stated numerous times he needs to see certain actions by the GOI before he will pull the trigger. These actions revolve around a stable political climate and include a fully seated GOI, power sharing, Ebril, etc. Everyone of us knows that Iraq isn't there yet. Our opionion is Maliki is the main issue with this in that his lack of follow through to his commitments were highlighted in the recent report to the UNSC. Remember too Shabibi knows that a major driver of currency stability on the world markets is political stability. ["continued in post 3...stay tuned"]
6-23-2012 Newshound Guru Adam Montana to put things in perspective for you - "RV" stands for "Re Value", which is a term used mostly by investors like us. We don't expect Iraq to announce a potential "RV", so the most we can expect them to say is "increase the value"... which they do say, and they say it frequently.
6-23-2012 Newshound Guru SWFloridaGuy It's my opinion that we're going to see the zeros removed and the exchange rate raise somewhere on par with the USD, like the SIGR report suggested. Over time this may raise to become the strongest currency in the middle east (which includes more factors than just the highest exchange rate) but initially 1:1 is a huge jump and if it revalues the way we want it to, presents many challenges in and of itself. These are just my opinions, which seem to be evolving over the years and I absolutely could be wrong. I'm just hoping for the best like everyone else.
6-22-2012 Intel Guru Bluwolf RV WAS DONE MONTHS AGO NOW WE WAIT FOR THE INTERNATIONAL RELEASE. I DO NOT THINK THAT THERE WILL BE A ANNOUNCEMENT...I FRANKLY THINK THAT IF THESE PEOPLE IN POLITICAL POWER DO NOT LEAVE THERE MACHO EGOS AT THE DOOR THAT NOTHING WILL BE RESOLVE...LOOK AROUND YOU IF THEY DO NOT GET DONE ALL THE WORLD WILL FALL IN DEEP DEPRESSION WITHIN A WEEKS TIME...ALL WE WAIT FOR IS FOR THE CALL.6-22-2012 Intel Guru DinarWishes one would think the pressure is starting to really build for some kind of movement...Now I know alot of people are saying this person or that person has gone to Reno and cashed out...This is untrue...You may ask " how do you know???". Because I know the people there waiting.
6-22-2012 Intel Guru BOBGETZ6 Today is looking good thru very early Monday morning, but we have been there before. Feeling pretty solid, but who knows?
6-22-2012 Intel Guru Okie_Oil_Man THINGS APPEAR TO BE HAPPENING...WILL KEEP YOU INFORMED AS I GET DETAIL'S...THE GRADUATION FINAL POST IS BEING COMPOSED AS I SPEAK.
6-22-2012 Newshound Guru Doc If you listen to the CBI then all the other noise out there becomes irrelevant. So the real question that should be asked is what is the CBI indicating currently. A recent article pretty well summed it up as the CBI was quoted as saying the new currency will be issued by the first of 2013, the old currency will coexist with the new currency for one year and they want the value will be on par with the dollar. This pretty well should end the LOP debate in that they will not have a different exchange rate for the old and new currencies. It also should end the debate of these super high ($3+) rates. If anyone tells you these high rates are in the budget simply ask them to show you in which paragraph and which line it is stated. Our MBA members have reviewed the published budget line by line and found the only stated exchange rate is the program rate of 1166. ["continued in post 2...stay tuned"]
6-22-2012 Intel Guru Bluwolf Today we get the big picture of how this rv movement is being staged. 1- no real solution in G-20 meeting just a mandate. 2- no stimulus from the Fed. 3- moody down grades 15 world banks 5 in the U.S., this only spells out world depression and the media is not denying it. So now what next? What more must be staged for the rv to come out? Imo nothing else, we are at the best position ever. But all must be accomplish before war sets in the Middle East and judging by the news it is very close by.
6-22-2012 Newshound Guru SWFloridaGuy They do need to educate the public of the upcoming changes though and the only way I can see doing this is by saying they will introduce a new currency with the zeros removed and reference countries in the past who have gone through a RD. It would be implausibly foolish to reference Kuwait and tip their hand to the world. Shabibi is by no means a foolish man. Iraq does not have hyperinflation and they are one of the wealthiest countries in the world. This plan has been in the works for quite some time and no one wins unless they revalue. ["continued in post 6...stay tuned"]
6-22-2012 Intel Guru DinarWishes I must say last night was a bit interesting with what happened to the metals market yesterday and the Banks (all but WellsFargo) were downgraded...Bank screens were doing some un-usual things late last night...I am speculating here, but with that happening I know it puts pressure on the "SYSTEM" to ratify quickly...Nobody knows when this is to happen, and in the wake of turmoil it starts to look bleak...I feel it will look even worse before it starts to look better...My opinion is that it is in the best window as it sits now.... if it goes past June I wont be looking for it till December.
6-22-2012 Intel Guru ArizonaHeat i know art 140 was implimented. not sure if the HCL is 100% done, i do know that Exxon pulled its drilling out of the Kurdish area, and that the kurds are planning thier own pipeline to deliver oil, that isnt going over too well with the Iraqi leaders. i dont believe any news coming out of Iraq, everyone was saying (maliki was out) and that never happened, so its tuff to say whats right and wrong. with the BIS saying that they signed off (as they do every quarter) on their audit seems that the end of this quarter (june 2012) seems like a great window...as far The IMF, ive heard that they have also agreed to several different adjustments and rv of currencies, i just cant see all this happening without a dramatic end.
6-22-2012 Intel/Newshound Guru Poppy3 I have received reports over the last three days confirming that their Minister of Finance will not let the VND go past the end of this month without the RV, per three different sources. Also, no telephone calls have gone through from the brokers in NY to Viet Nam in three days.
6-22-2012 Newshound Guru Randy Koonce Just because I have not said much in the last couple of weeks does not mean all the other crap like the .86 and the printing of the currency is true...the articles of the printing came out in 2007 and it is just a reproduce article...the .86 is still just a misinterpreted article that the western people have picked up...The .86 will not let the budget open so that will not happen...only a number to make the budget balance lets the budget open...that is one reason the US has not got a budget in 3 years.
6-22-2012 Newshound Guru Adam Montana regarding Chapter 7 - they don't have to be out to RV, but they do need to be out to protect themselves. Therefore, I don't think they will RV until right before or after they know a release from Chapter 7 is happening. And to further nail that opinion down - I don't believe they will RV until AFTER the Chapter 7 issue is handled, because they would be screwed if they RV'd and then for any reason the Chapter 7 release was not approved.
6-22-2012 Newshound Guru Scooter I see many changes in 2013. The part that I liked was the line that discussed the new currency. It translated weird -- but it's very intriguing to see the timing and release of this information from the council of ministers. They will deploy a HYBRID solution, they will introduce the lower notes and methodically suck in the larger notes. While at the same time increasing their CPI values of products and goods. The real question will be their economy and how well they diversify and begin their primary bond market. Those will determine the sustainabilty of any rate. If you remember the World Bank reform program for Iraq concludes in October of 2013. So, I can see them start to introduce the new notes in 1st or 2nd quarter of 2013 and start the process. It could be sooner than that if they have the printing presses rockin those notes out.
6-22-2012 Newshound Guru SWFloridaGuy Shabibi himself said in DC, when it comes to the possibility of a revaluation of the IQD, it depends upon inflation, stability and is something they must hide from the public, for obvious reasons. More than just hide from us though, with the attention this has received it's imperative to the process to actively suppress anything that supports a revaluation and their goal is (and should be) to throw us off the scent. ["continued in post 5...stay tuned"]
6-22-2012 Newshound Guru Med IF THE FACTS ARE TRUE THEN THE END DATE IS 1/1/2013, END DATE AS IN THE ISSUE OF CURRENCY, WHICH SHOULD NOT MEAN ANYTHING TO US SINCE THE ISSUE OF CURRENCY IS TO PROCEED AFTER THE NEW RATE. A TIMELINE THEN, BASED ON THE DATE OF ISSUE AND IF THE NEW RATE SUPERCEDES THE ISSUE THAN WE HAVE 193 DAYS FOR THEM TO REVALUE THE DINAR ANY TIME DURING THAT 193. IT IS JUST COMMON SENSE NOTHING MORE AND BASED ALL ON FACTS AVAILABLE.
6-22-2012 Newshound Guru Randy Koonce The National Meeting to announce the Ministers and strategic counsel and as the articles have been saying they are working on those things. Why after going so fast to just stop...Well the only thing I can say is when Biden went over there everything has slowed to a crawl...So it is telling me that Obama stepped in and slow the process for Maliki to obtain support to remain Prime Minister...we still are looking for the National Meeting.
6-22-2012 Newshound Guru Adam Montana the IQD has been removed from most banks because there was so much confusion and uncertainty about it. Once the new notes are introduced and the world sees that the value has indeed gone up, and is continuing to go up and stabilize, I have no doubt that our local banks will resume trading it. ["continued in post 7...stay tuned"]
6-22-2012 Newshound Guru Mike “Poll likely to withdraw confidence from the success of Maliki” SURVEY SAYS...We’ve read several polls come out lately...We just thought it was unique that he doesn’t have as much people support as he thinks he has...they start to bolster this thing and you start to get people that are less afraid and if they know this is going to happen and he is going to go away…then it is going to be good.
6-22-2012 Newshound Guru Scooter I hope these banks are now ready to reboot. They like June 30 for some reason, not certain exactly why that is. This is a major structural benchmark for the Iraqis. HUGE IMO. It's been on the list of things to complete sinced the 2006 MOU (Memo of Understanding). They had so many accounts out of control it was terrible. Ernst and Young reported it was the worst case of a bank audit they had ever seen but that was back in 2007. Too much corruption, too many open accounts all over the world. Imagine if you take those two government banks that do over 85% of all the countries transactions and you now clean the books up and Re-Value/Devalue their assets, they've essentially changed the valuation of the whole country and that to me is a starting point. ["continued in post 2...stay tuned"]
6-22-2012 Newshound Guru SWFloridaGuy The CBI shall make appropriate arrangements for the issue of its banknotes and coins as required for circulation in Iraq. Banknotes and coins issued by the CBI and intended for circulation are not promissory notes , bills of exchange, or any other type of commercial document under the applicable commercial law, and the CBI is obliged to honor them only as provided for in this law. We've seen articles that point to a redenomination and that is exactly what we should expect to see. ["continued in post 4...stay tuned"]
6-21-2012 Newshound Guru Randy Koonce I am dropping a note to bring you up to speed with where we are at. The last letter and call said that Maliki had to do 3 things. 1. Announce GOI 2. Resign 3. No Confidence vote. ( I do not believe that Maliki will go through that.) Since there has been no movement on what has happen there has been no need for a call. We are still looking for the same thing. ["continued in post 2...stay tuned"]
6-21-2012 Newshound Guru Adam Montana while we all want to make a TON of money - none of us should be mad if we only triple our investment. In my opinion, the value of the Dinar is going to keep going up. The only unknown is "how far up?" Based on that, it seems to me that the only way one can lose money on the IQD is to sell it now, at a price lower than what you paid for it. ["continued in post 6...stay tuned"]
6-21-2012 Newshound Guru BGG a very, very interesting turn of events...from the news conference today... He’s [Nijaifi] basically telling Maliki to put the barriers back in place or they will move Parliament and hold it someplace safe. He will be interrogated (at a minimum) - one way or the other. Though there are conflicting reports out...Sadr seems to think there is plenty of evidence to bring Maliki to ruin. This would not surprise me at all!!
6-21-2012 Intel Guru Bluwolf THERE ARE NO DELAYS OR HOLDUPS...ALL HAS BEEN DONE FOR AWHILE...LIVING A SECOND BY SECOND TIMEFRAME, SO RELAX THIS RIDE WILL STOP SOON.
6-21-2012 Newshound Guru Mike “Trade Bank of Iraq initiate a project linking all private banks and one system” Great article...one of the reasons that Chapter 7 is not as relevant as it used to be was because all of these banks are working together in conjunction with guaranteeing funds coming into Iraq – the only thing that Chapter 7 holds them back from is people wanting to deal with them with because of the the stigma of it because they feel there maybe sanctions there and they might lose their money With the Trade Bank.
6-21-2012 Newshound Guru Kaperoni Almost daily the same questions arise, the same insecurities or the same fears. There is absolute proof in these forums that a revaluation of the dinar is coming. I want to make you aware of a post/chat I did some months ago pertaining to a "paper" that Dr. Bakri wrote in Iraq. This "paper" is the most conclusive evidence we have. He "matter of factly" states without question what the "present authorities have decided to change the Iraqi currency to a new currency" over the other choice which is a LOP. So, there is no guessing, no wondering, no confusion, no misdirection. It is unequivocal!
6-21-2012 Intel Guru BOBGETZ6 [new guru] I wanted to come in and say something about the rates being thrown out there today. There is no way, IMO, that the Iraq budget can be sustained with those one to one or less exchange rates period. Also, does anybody think that Iraq would come in substantially under Kuwait? I think not. As far as the end of the ride, I am convinced that we may well be done by Monday. If not, the back end, as I have heard it, would be two weeks away, July 5th. We are definately near the end...I am grounded, stable and would not consider selling my dinar nor bury my head in the sand. This is the real deal and I feel as if we are on top of the finality.
6-21-2012 Intel Guru Bulldog75 IF THIS COMES IN HIGH; AND IMHO PROB WILL; CASH OUT AND GET OUT...OOM [OkieOilMan] WILL BRING THE LATEST WHEN IT OCCURS. WE ARE AHEAD OF THE CURVE...YOU WILL BE ONE OF THE FIRST TO KNOW WHEN THIS EVENT OCCURS.
6-21-2012 Newshound Guru SWFloridaGuy The dinar is not considered a promisary note, we will be able to exchange them outside of Iraq and the CBI must be honor them at face value. Article 32 Paragraph also states that the CBI must honor them in accordance with the law. "Article 32 Issuance of currency. 1. The CBI shall have the exclusive right to issue banknotes and coins for circulation in Iraq. Banknotes issued under this Article shall be a first charge on the assets of the CBI. ["continued in post 3...stay tuned"]
6-21-2012 Newshound Guru Adam Montana Since we know the CBI plans to introduce the new currency in or around January, and we know they can't have a significant RV until they are out of Chapter 7, and we know they need a little time to resolve the HCL...doesn't it seem like everything is falling in place right at the same time? Personally, I don't believe in "coincidences" like these. It seems to be very well orchestrated, and gives me hope that things are indeed moving forward as planned. ["continued in post 5...stay tuned"]
6-21-2012 Newshound Guru BGG Maliki still has only three options are: 1) To fully implement all previous agreements – his opponents not only don’t believe him to be sincere, they aren’t crazy about letting him stay at all. 2) Resign just prior to an official vote in Parliament (which is a very strong possiblity) 3) Try to fight it – through the end of a vote in Parliament. He may well do this – but if he does, he knows the “prognosis” for winning is bleak and what comes after a loss is even more bleak.
6-21-2012 Newshound Guru SWFloridaGuy Redenomination Vs. Revaluation. I take the latest article from the Finance Committee as a great sign. They are saying the new currency "will increase by three zeros, indicating that they had an extensive study concluded that the lifting of the zeroes will strengthen the value of the Iraqi currency." Some people speculate the plan may be a redenomination, followed by an RV, where we would make a profit of around 3x what we paid. I disagree with this. Our money will be worth face value for a year. The "000" notes will be legal tender but they will not be equivalent to those notes without the "000s," which is why there has to be an effort to remove them from circulation in country, prior to raising the value. The large notes will retain their value and there will be 2 choices, trade in for lower denoms we can hold indefinitely or exchange for another currency, in our case USD. ["continued in post 2...stay tuned"]
6-21-2012 Intel Guru Bluwolf A LITTLE HISTORY...CHINA WAS CHOSEN BY THE GLOBAL BANK AND THE IMF TO BAIL OUT AND PAY FOR ALL INTERNATIONAL RELEASE, FOR CHINA HAS THE BEST ECONOMY AND THE MOST MONIES OUT THERE...THAT IS WHY THEY ARE IN CONTROL OF THIS SUBJECT. THINK FOR A MOMENT CHINA WILL NOT AND I REPEAT WILL NOT GIVE UP IT'S CHANCES OF CAPITALIZING ON BOTH THE DINAR AND THE VND, IT IS A ONCE IN A LIFETIME EVENT.
6-21-2012 Newshound Guru Breitling Every 4 months is when the U.N. security committee gets together to decide if Iraq gets out of Chapter 7 or parts of the regulations of Chapter 7, it's every 4 months, so the next one is in October.
6-21-2012 Newshound Guru Vic1 I TRULY BELIEVE...THEY HAVE PUSHED THIS AS FAR AS COULD...NO MORE...ROOM! IT HAS GOTTA GO DOWN.
6-21-2012 Newshound Guru Mike You can tell they are serious about moving forward with the Vote of No Confidence folks…This is not a dead deal…we’ve said it has just begun…lots going on – they have the ability once Parliament is in – The President of the Parliament can bring this up for a vote – I think they may try – we will have to see what happens on Thursday when they are in….so As the World Turns with Government of Iraq we get closer and closer to it.
6-20-2012 Newshound Guru Adam Montana The latest UN meeting did nothing substantial, which shouldn't surprise us. Maliki is holding on tightly, and it's becoming more and more obvious that they need to resolve the HCL soon. Once that is done, I strongly believe the RV is right around the corner. Until that is done, we are patient observers in this once-in-a-lifetime event. ["continued in post 4...stay tuned"]
6-20-2012 Newshound/Intel Guru BGG Maliki is a lot worse off than the media is letting on. There is a "full court press" on in the media by Maliki to spruce up his image...won't help though. Did you guys hear he bribed ALL the journalists who covered his recent trip to Kirkuk?? They got "promised" Gov't land grants...I doubt it ever happens...Maliki's word isn't worth much.
6-20-2012 Newshound Guru Vic1 THE NEW AMBASSADOR TO IRAQ...MCGERK STEPPED ASIDE...WHY?...BECAUSE...ALLAWI SAID...I WILL NOT WORK WITH HIM....HE WAS THERE TO GET CPA GOIN AND SET MALIKI...UP, NOW...CHAPTER 7 HELD OFF.
6-20-2012 Intel Guru Bulldog75 CHINA - THEY ARE GOOD PEOPLE TRYING TO DO WHATS RIGHT; THEY ARE IN THE DRIVERS SEAT. 'THERE IS MUCH TO DO' BEHIND THE SCENES GETTING THE BAD GUYS OUT OF THE VEHICLE'. NUFF SAID.
5-20-2012 Newshound Guru Vic1 Today so much Important and Great News! Please with all due respect to all the News and Intel providers! The TIME is so close and many are on edge... realizing that NEWS can at times look so CONFUSING! This Maliki...Guy! Is he for REAL? VP/Biden...comes to Talk some sense into you...and you...Maliki...turn DOWN his MEETING!!! Then You write OUR PRESIDENT...asking MR.O to tell EXXON/MOBIL to stop doing business...with The KURDS? Are you Serious? YOU NEED TO NOW...Pack YOUR BAGS...CUZ...WHEN WE...THE(USA) says LEAVE... TIME HAS COME for you to GO. NEVER TREAD...ON THE USA!
5-20-2012 Newshound Guru Phoenix3333 Iraq PM asks Obama to stop Exxon-Kurdistan oil deal. Iraqi Prime Minister Maliki has asked US President Barack Obama to intervene to stop Exxon Mobil from proceeding with a deal with the Kurdistan region that he warned would have dire consequences for Iraq’s stability. Exxon is one of the oil majors participating in massive projects intended to make Iraq the world’s biggest source of new oil over the next few years, but the US company’s decision to sign a deal with the KRG has infuriated Baghdad. Iraqi Kurdistan, which has its own government and armed forces, has already clashed with the central government over autonomy and oil rights, and halted its crude exports in April after accusing Baghdad of not making due payments.
6-20-2012 Intel Guru Studley they are working on last minute logistics...they r dotting the i's and crossing the t's...THERE R BIG POLITICAL BATTLES TAKING PLACE...this takes time, STAY BALANCED, we SHOULD be very close, BUT there can always be last minute issues.
6-20-2012 Newshound Guru Adam Montana The CBI is...reporting that when the new denominations come out, they plan to let them co-exist for a full year, and they are blatantly telling us that they plan to increase the value at the same time. I have always kind of thought we would only get about 90 days to cash in (like Kuwait did several times), but if we get a full year - even better! ["continued in post 3...stay tuned"]
6-20-2012 Intel Guru Bluwolf SOMETHING MUST BE DONE IMMEDIATELY AND THAT TIME IS NOW. I HONESTLY HOPE THAT THIS MESSAGE GETS OUT AND REACHES THE EARS OF THOSE INVOLVE AND THAT THIS BUTTON IS PUSHED. IT IS THE RIGHT THING TO DO AND THE WHOLE WORLD WILL BE IN DEBT IN THE GOOD SENSE FOREVER. NO MORE POLITICAL AGENDAS, THE PEOPLE HAVE HAD ENOUGH. LETS GET IT OVER AND DONE WITH...EVEN THOU SOME TIMES WHAT SEEMS THAT IS, IS REALLY NOT, AND THAT, THAT IS NOT IT REALLY IS, WHICH ONLY BRINGS US TO THE CONCLUSION THAT SHOULD BE OBSERVED BY THE OUTSIDERS, LOOK WE AIN'T STUPID, GET IT DONE.
6-20-2012 Newshound Guru Mike The Future of Iraq Project tells us that the banking system is the last thing they need to get done (Final Chapter). We’ve seen where they were at with the IMF 6 – 8 months ago and where they are now…they are knocking things off of their banking checklist as fast as they can to make sure they have what they need in order to get this banking system up and running and off the ground. Absolutely they are working hard...Gotta tell you its pretty exciting seeing them moving forward day by day...every day. ITS GETTING CLOSE TO TIME TO ADD VALUE.
6-20-2012 Intel Guru Okie_Oil_Man the rumor roller coaster is operating at full speed this week...None of us can control the timing or final outcome of the iqd rv. i...can truly gauge and say, “progress has been made and the end will come!”...we are close to the finish line.
6-20-2012 Newshound Guru Scooter Over the past two years, I have always said that nothing will happen with Iraq's currency without the two Government banks correcting their balance sheets and getting re-capitalized. Based on some recent information from their law library, posted June 15th, the recapitalization has been approved by the Council of Ministers. This becomes exciting for two reasons: This completes a CRITICAL BENCHMARK set forth from the IMF and World Bank back in 2006. If the balance sheets are corrected and the devaluation of those two banks occur, then the government and the world can re-capitalize those banks to the appropriate levels. This becomes incredibly important when determining valuations and providing proper transparency to the international community -- international transactions, investments, loans, etc.
6-20-2012 Newshound Guru Adam Montana As you know, I've been on the "now-to-September" train for quite some time, the CBI, through various news sources, is now reporting that they plan to introduce the new denominations not in September, but in January of 2013 which basically means we have no choice but to rename the locomotive the "now to January" train. I wish I could say the opposite, but I'm not here to...give false hope - it is what it is, and I'm always going to tell it how I see it...good, bad, or indifferent. ["continued in post 2...stay tuned"]
6-20-2012 Intel Guru Bluwolf NOW I HAVE A MESSAGE TO ALL BANKS, TO THE UST, TO THE IMF, IF YOU WERE WAITING ON THE COMPLETION OF THIS SUMMIT TO REACH A DETERMINATION AND BEING IT A NOT SO GOOD SCENARIO WITH LACK OF COMPROMISE, THEN WHY DO YOU NOT PUSH THE BUTTON AND RELEASE THE WHOLE WORLD REVALUATIONS AND GIVE BACK THE PEACE OF MIND TO ALL THE PEOPLE OF THE WORLD WHO ARE HURTING? ["continued in post 5...stay tuned"]
6-20-2012 Newshound/Intel Guru BGG Recent insider thinking was that we might see an "interrogation" of Maliki on Thurs, Sat or maybe Sun then we might hear about the outcome Monday or Tuesday. If they delay a day or two past Thursday - it isn't surprising. Especially with Maliki intentionally interrupting the work of Parliament by taking all security measures away. This business with Maliki "lifting the barriers" might buy him a day or two - but in the end it will backfire on him. If he lets this go to a vote - they won't forget.
6-20-2012 Newshound Guru Mike it is important for the banks to get on board and sell this currency and do what they need to do – It helps to build the stability around the market there – getting rid of the street vendors Theres alot going on in that neck of the woods right now. Its almost like the plans are all coming together as things and events are turning – you can see them getting their banking system in order to get this thing moving and getting it moving the way it needs to be so it is set up for stability…Great to see! ["continued in post 2...stay tuned"]
6-20-2012 Intel Guru Bluwolf THE QUESTION IS HOW MUCH LONGER DO WE HAVE TO WAIT FOR THESE INTERNATIONAL RELEASE OF CURRENCIES ? WHAT WOULD BE THE NEW EXCUSE OR HOLDUP IF ANY? THERE IS ANOTHER SUMMIT IN A COUPLE OF DAYS SUBJECT THE EU SITUATION AND AFTER THAT RAMADON. SO WHEN WILL IT HAPPEN? AND DOES THESE TWO SUBJECT HOLD ANY RELATIVITY WITH THIS RV ? IMO I DO NOT KNOW AND I GUESS THAT NOBODY ELSE WILL EITHER. ["continued in post 4...stay tuned"]
6-20-2012 Newshound/Intel Guru BGG there is a lot of last-minute “wrangling”. Maliki is doing everything he can to “derail” what’s coming. It is even possible we see a “last-minute deal” or Maliki resigning. Anything is possible. However, I also think it is getting very late in the game for a legitimate offer to be accepted.
6-20-2012 Newshound Guru SWFloridaGuy [Post 2 of 2] Either way it appears we are light years ahead of them when it comes to Iraq's economic future. The ones who know it has potential or are privy that information are certainly not about to publish something that would galvanize the masses to their nearest dinar dealer. I've always said real intel never makes it into a public forum for obvious reasons. It's imperative to the process they remain as furtive as possible. The people who do know aren't talking and at this point a decision may not have even been reached yet. We do know Iraq is a very wealthy country who is on the rise (if they can ever solve this political crisis) along with their exchange rate. It's just a matter time.
6-20-2012 Newshound Guru SWFloridaGuy [Post 1 of 2] In reference to that negative article from Forbes yesterday: It's funny we see these reporters do their little fluff pieces on the IQD and 99% of the time they seem completely uninformed as to Iraq's political and economic situation. They don't appear to put much effort into their research which is fraught with ambiguity and they rarely present a reasonable theorem that supports their doubt. Maybe these reports are released for the sole purpose of quelling the amount hype and attention this investment has received. Just like the banks have been hounded with questions, I'm sure they have also. ["continued in post 2...stay tuned"]
6-20-2012 Intel Guru Bluwolf EUROPE IMO TOLD THE U.S. TO BE SILENT FOR THEY ARE IN THIS MESS BECAUSE OF THEM AND THAT BEING SO THEY HAVE NO POWER IN TELLING THEM OR GIVING THEM ANY TYPE OF ECONOMIC SOLUTION TO THIS WORLD CRISIS. SO WITH THAT SAID I PERSONALLY DO NOT SEE ANYTHING BETWEEN THESE MEETINGS [G20 MEETING] AND THE INTERNATIONAL RELEASE OF THE WORLD CURRENCIES. ["continued in post 3...stay tuned"]
6-20-2012 Newshound/Intel Guru BGG the NA blabbering on and on about fully implenting the Erbil agreement brings up two very important points. First, the people are sick of the excuses and believe there is no chance of reform. They hear nothing but promises, promises and more promises from Maliki and then nothing…unless he’s backed into a corner. Secondly - he says, instead of them (the SLC) whining with the question “Why do you insist on the withdrawal of confidence”…the question they really should be asking themselves is “why don’t we have the Erbil agreement fully implemented” (after having a year-and-a-half to get it done)???
6-20-2012 Newshound Guru Med THE BET IS ON FOR THIS YR. THE RATE IS DEBATABLE. ALL WE KNOW IS THE REMOVAL OF THE 3 ZERO'S FROM THE NOMINAL VALUE. WHAT EVER IT IS AFTER THAT WE DONT KNOW FOR CERTAIN. FOR EXAMPLE THE WORST IT COULD BE IS 1 CENT AND THE BEST .85. 1 CENT THOUGH...WOULD NOT BENEFIT THE IRAQI ECONOMY AND WOULD NOT BE WORTH ALL THIS EFFORT THAT CBI HAS GONE THROUGH...ALL WE KNOW FROM SHABIBI'S OWN MOUTH IS THAT HIS EFFORTS ARE TO HAVE IT EQUAL TO THE USD.
6-20-2012 Newshound Guru Mike "Member of the Economic Committee: share of surplus oil revenues must be poor "exclusively" Everybody is trying to get these figured out and we want to give them to the poor....thats great. The longer we wait to RV the more will come out as to who gets what - Lets add some value to the currency and they won't have to worry so much of who gets these revenues - they can divy it up and everybodys gets their fair share. They want to get this divied up and its coming up to that time - they are working on this to get it out to the citizens...Very good.
6-19-2012 Intel Guru Bluwolf THE G20 MEETING IS OFFICIALLY OVER AND THE PRESIDENT GAVE THE CLOSING SPEECH. THE CONCEPT OF THIS SPEECH REALLY LACKED ANY COMPROMISE OR SOLUTIONS TO THIS WORLD ECONOMIC AGENDA. I FOR ONE CAN SEE THAT NO REAL RESOLUTION WAS ACCOMPLISHED. IT IS A "TO EACH IS OWN" SCENARIO WITH NO LIGHT AT THE END OF THE TUNNEL. ["continued in post 2...stay tuned"]
6-19-2012 Newshound Guru Doc What we find interesting is that the outside world appears to be lining up against Maliki or at least the blame is being directed toward him. As we've watched events unfold in Iraq we are more of the opinion chapter 7 and Ebril will not be resolved until GOI stability is achieved. And unfortunately this does not appear to have a chance as long as Maliki is in office. Our ray of hope is that the no confidence vote is close enough to persuade Maliki to live up to the agreements he has made. With this we now conclude the late June to July timing is highly unlikely. Also much of the CBI language is now focused on later this year. We will continue to watch language out of the UNSC on Tuesday but it appears the RV is now most likely later this year. We report, you decide
6-19-2012 Newshound Guru Kaperoni Look at this quote. "The central bank said in his book: in line with the best applications and international experiences, he decided to stop the basic parameters of the currency notes of the categories (25000,10000,5000) JD Almtdolh now as it is in the new series (25,10,5) dinars so that the audience is also imprinted with a thousand in his memory." Reading this, it appears they are leaving the 1,000 in circulation or not creating a replacement. In either case, "so that the audience is also imprinted with a thousand in his memory." My view is that this is a clear sign of a Revaluation. There is no need to leave a 1,000 dinar in circulation or create significance in one's mind or history if it's value is equivalent to 1 dinar. Just like in the USA, 1,000 dollar bills are still around if you can find them.
6-19-2012 Newshound Guru American Contractor The new Iraqi Dinar will be distributed in January 2013, not in the middle of the year. Most likely in the first quarter. Saleh stated the procedures to delete the zeros from the currency will begin in the beginning of the new fiscal year or the beginning of their new budget. When you hear someone saying it will be in September or sooner, that's just not true. Iraq private banks are resisting the CBI by not having electronic banking. They would have to admit to the actual values and pay taxes on the admitted values. The CBI can raise the raise the bar as it wants, the reality is the private banks lack the ability to raise the necessary capital. Lack of services available to the bank to present to the Iraqi private market to generate direct business revenue. Lack of trust in the banks because of perceived negative governmental influence potentially effecting the bank's value in a supposedly free market. Nothing is concrete and the stituation could change over night but it appears Jan 2013.
6-19-2012 Newshound/Intel Guru BGG every single one of the MP’s under Talibani’s leadership put their signatures on the original document. Just because Talibani is not in the picture doesn’t mean they won’t vote the right way. I fully expect every one of them to vote unanimously to remove Maliki (should it come down to that). Keep in mind, they are all Kurds. If Maliki stays “as is” they fully expect some type of aggression from Baghdad.
6-19-2012 Newshound Guru Doc Our opinion is that the the likely hood of chapter 7 release on Tuesday is rapidly approaching zero. More and more articles are speaking to Iraq not living up to its obligations from 2010. As reported from the US Counsel on Foreign Relations Parker, in his speech that, "Prime Minister Nuri al-Maliki, failed to form a government of national unity which promised after the 2010 elections". Parker is further quoted as saying how utterly disappointed Obama is with Maliki for not forming a true democracy. This coupled with Ki Ban-moon's statement that Maliki has not delivered on his commitments concerning Kuwait has us mostly convinced that chapter 7 release is not forth coming. The time line for this appears to be toward the end of the year as stated by Ki Ban-moon.
6-19-2012 Intel Guru Hammerman There really was zero movement last night, really none. A few good signs but no big push. There is big, big joy in Mexico where the g20 is going on. We believe it [through sources] was leaked that Mexico would RV within days and if y’all pay attention y’all should now that Mexico is in the basket of 23. We are close.
6-19-2012 Newshound Guru Med I ...HAVE NOT USED INTEL IN ABOUT TWO YRS...THIS INFORMATION I JUST RECEIVED FROM PROBABLY THE MOST RELIABLE PERSON I KNOW WHO I HAVE NOT TALKED TO IN ALMOST TWO YRS JUST TOLD ME THAT I PROBABLY MADE A GOOD MOVE ON PLANNING THE RV PARTY FOR THIS YR. I WAS GIVEN INFORMATION ABOUT MOVES BY CERTAIN ENTITIES AND GIVEN INFO ABOUT A PERSONAL CONVERSATION. THAT IS ALL I WILL SAY. ["continued in post 2...stay tuned"]
6-19-2012 Newshound Guru Mike Maliki is still up the the same old things...trying to save his job...working every angle he possibly can - trying to make sure he stays in power...US is telling them you are not falling apart...we have too much invested here....there is an election coming - you are not falling apart period. There is a vested interest to have this all work out - starting to see pressure from others that if he wants to stay in power he needs to work this out - thats the constant messge we are hearing from the US and everybody else - We like what we are hearing - moving forward slowly but surely.
6-19-2012 Newshound Guru Med TARIFFS IN 14 DAYS, THIS COULD BE HUGE. I THINK IT IS A MISTAKE. IT WOULD BE GOOD IF IRAQ ACTUALLY PRODUCED SOMETHING THAT IS IMPORTED, THEY DONT. TARIFFS ARE SUPPOSE TO HELP THE LOCAL BUSINESS'S COMPETE BY...FORCING THEM TO SELL HIGHER. THIS, AS I SAID, WOULD BE GOOD IF IRAQ PRODUCED SOMETHING.
6-19-2012 Newshound/Intel Guru BGG Here are some interesting headlines…"Habib Terminal: dissolve parliament and hold early elections would be a last resort if all doors are closed solutions" This guy is dreaming – this would be the second best solution for Maliki. The first being for him to stay “as is”…these guys are saying this in another veiled attempt to “threaten” the jobs of the Parliamentarians. As if raising the barriers and leaving them open to terrorist which they are conspiring with isn’t enough.
6-19-2012 Intel Guru Footforward THERE ARE TWO DIFFERENT AGENDAS HERE. THE BAD GUYS WANT TO GET THIS DONE RIGHT NOW AT 1 DOLLAR, OR DRAG THINGS OUT UNTIL THE END OF THE YEAR. THE GOOD GUYS WANT TO GET THIS DONE A.S.A.P. AT A HIGH RATE. THE BAD GUYS ARE LOSING THE FIGHT! THE GOOD GUYS HAVE BEEN GETTING THE UPPER HAND FOR SOME TIME NOW. DO I KNOW FOR SURE WHEN THIS IS GOING TO HAPPEN? NO. I KNOW IT CAN GO ANY TIME NOW AND I TRULY BELIEVE WE ARE HEADED INTO THE GREATEST PERIOD THIS EARTH HAS EVER SEEN!
6-19-2012 Intel Guru Okie_Oil_Man Always know that the element of surprise can be used by the Good side just as well...the RV will most likely show up when you are least expecting it. Always remember that Iraq and the world needs the RV. The only question is when and at this moment only the Good side knows when that is…but it will happen...COGITATE!
6-19-2012 Newshound Guru Mike "Iraq moves banking and tax problems for the U.S. Congress" With the Future of Iraq Project teaching them how to handle banking situations and the monetary situation - something we have done already so it make sense for us to support them in this...again another major step forward ...getting our government to work with the Central Bank.
6-19-2012 Intel Guru Bluwolf ALL THINGS DONE WAS SURGICALLY PUT INTO PLACE, ALL INTENTS WAS TAKEN CARED OF, IT TOOK SOME TIME BUT EVERYTHING HAS BEEN COVERED AND THE GOOD GUYS WON...YOU ARE IN THE VERGE OF RECEIVING AND THERE IS NO WAY BACK NO MATTER WHAT OTHERS SAY. THE IQD RV HAPPENED A COUPLE OF MONTHS AGO. WE NOW AWAIT ITS' INTERNATIONAL RELEASE. ALL YOU NEED TO KNOW THAT WE ONLY AWAIT FOR THE RV CALL.
6-19-2012 Newshound Guru Med ALL 3 ARTICLES PERTAINING TO THE WITHDRAW OF CONFIDENCE ARE ACTUALLY VERY GOOD. IT APPEARS THAT MALIKI HAD SOME MINOR MOMENTUM FOR A BRIEF MOMENT BUT LOST IT WITH THE U.S. NOT GOING TO BAGHDAD TO MEET WITH MALIKI AND INSTEAD GOING TO ARBIL TO MEET WITH ALL 5, REMEMBER ALL 5 - SADR, TALIBANI, ALLAWI, BARZANI ? MUTLAQ HMMM. DINAR...ALSO NOW IS PICKING UP STEAM IN THE MEDIA WITH MORE AND MORE POSITIVE SUPPORT.
6-19-2012 Newshound/Intel Guru BGG Maliki received a letter from the severe criticism by the Adviser to the Deputy Chairman of the U.S. ...let’s hope this apparent shift in US policy towards Maliki is, in fact, legitimate. If it is – he is probably done for sometime this week (provided he doesn’t fully capitulate before Thursday). This is more really good news for us.
6-19-2012 Intel Guru Footforward I WANTED TO...ASSURE YOU GUYS THAT THE RV IS FOR SURE 100% WITHOUT A DOUBT GOING TO HAPPEN. HOW ANYONE COULD EVEN SUGGEST THEY KNOW THIS IS GOING TO BE DELAYED UNTIL THE END OF THE YEAR IS KIDDING THEMSELVES. THAT IS NOT WHAT HAS BEEN DECIDED AT ALL. THE MARSHAL PLAN IS TO END IN 2013. MEANING THIS HAS TO HAPPEN BY JAN 2013. I’M LOOKING FOR THIS ANY TIME. MY OPINION IS NOT GOING TO CHANGE BECAUSE I KNOW WHAT I KNOW. ["continued in post 2...stay tuned"]
6-18-2012 Newshound Guru Mike one article put out that they read in the community...indicated a LOP...We do not believe in the LOP...We know this is what they are telling us as stated over and over again...we read the news and bring you our opinion - We are consistent in what we believe.
6-18-2012 Intel Guru Okie_Oil_Man Always know that there is a Good Entity that wants the RV to happen and a Bad Entity that does not want it to happen. As a seasoned military man I can recognize Art of War maneuvers and there are major ones that have been happening. The Good side is winning and the victory is closer than ever before...Please think about what is happening and you can see progress has been made. Sunday proves that progress has been made…COGITATE!
6-18-2012 Newshound/Intel Guru ArizonaHeat I’ve stated time and time again, Maliki is going no where...the ever predictable Greece bail out is still on...we are awaiting some final information as to internal rates from country to country on ALL currencies, not just the IQD...there are a million mathematical equations that will line up all currencies to work at a more world friendly exchange...all major revaluations or adjustments will be done all at one time when it comes to currencies...[question: is there any real reason to think we're close?] according to all the gurus, yes. According to Washington and foreign contacts, it’s close but still some weeks off, like September, but that’s just their view.
6-18-2012 Intel Guru Bluwolf maliki being kicked out and staying until oct., nor the bombings in the streets, nor the 2 ministers, not the chapt. 7, not being over as they say, you all know that it is over. None of these arguements has anything to do with the internatinal release.
6-18-2012 Newshound Guru Duckyboy The article that came out about OANADA (Due to the extreme volatility some market analysts foresee could result in the coming days, OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012.) can only be attributed to their business and should be NO indication of an RV. They were not specific about what volatility there may be AND they are closing during NON trading hours. So what?! Is my only response.
6-18-2012 Intel Guru Footforward DO YOU WANT MY HONEST OPINION ON WHATS GOING TO HAPPEN TOMORROW? I’M GOING TO SHARE. BUT PLEASE DON'T FREAK OUT..I EXPECT THAT THERE IS GOING TO BE A TON OF CHAOS SUN, MON, TUES AND FOR THE MARKETS TO ALL BUT CRASH EARLY NEXT WEEK, AND THEN LATER IN THE WEEK, OR CLOSER TO THE END OF THE MONTH, THERE WILL BE A "SOLUTION" OF A NEW FINANCIAL SYSTEM PUT IN PLACE. AGAIN THIS CAN GO ANY TIME, BUT THIS IS MY GUT FEELING. INTEL SAYS RIGHT NOW.
6-18-2012 Newshound/Intel Guru BGG It looks like it doesn’t matter too much if Talibani was one of the ones who took Maliki’s money (got bribed). He’ll likely wind up on the right side of the fence no matter what. I doubt those 10 or 12 MP’s stay with the “sinking ship” either. The one guy’s wife pretty much “blew the lid off” this story. He probably shouldn’t have let her in the room with a video camera while Maliki’s kid was dropping off the bribe money!! Wouldn’t it be ironic if Maliki’s regime was finally toppled by a p!ssed off ex-wife?? : )
6-18-2012 Newshound Guru Mike "Rapporteur of the Committee of Economy: Changing the form of currency is necessary to reduce the money supply and does not require a new law", Another article telling us they have everything they need from the Parliament to do what they want to do. We consistently see these articles telling us this over and over...It makes it pretty evident that they have a plan and they know what they are doing.
6-18-2012 Newshound/Intel Guru BGG Maliki still has a very short window, but it is only open for a couple more days….he’s in some very serious trouble. The US and other PTB are pretty much fed up with him. The short story is – he was somewhat useful for a time…maybe even worth the headaches, but now he’s politically toxic on both sides of “the pond” (in an election year). He won’t do anything they need him to. For instance, helping out with Iran?? Now he’s getting some international press as to how much “in the tank” for Assad he really is. The White House doesn’t want to get on the wrong side of this PR nightmare!!! Can you imagine how badly it would go for President Obama’s re-election if the press caught wind of how long we have been aligned with a bloodthirsty dictator, semi-aligned with Iran and supporting genocide in Syria by estoppel??
6-18-2012 Newshound Guru Duckyboy Maliki is still in power and won't be kicked out (IMO). People are being killed in Iraq by bombs. The GOI is not seated. Erbil is not implemented. Are we close to an RV??? According to most gurus, we are. I am really looking at the news and I just don't see the RV, yet...I don't believe there is going to be some grand announcement, I think it will just appear.
6-18-2012 Newshound Guru Mike [Maliki] is pretty bold at this point because the Vote of No Confidence hasn't gone thru - really I think they are going to put it thru when Parliament is in session on the 21st. Round Two of this battle is coming up.
6-18-2012 Intel Guru Footforward THEY ARE WORKING WITH THE GOOD GUYS TO HAVE THE MOST POWERFUL CURRENCY IN THE M.E. LAST TIME I CHECKED, 86 CENTS ISN'T GOING TO DO THAT -- AND YOU KNOW THEIR BUDGET IS SET AT NEARLY 4 BUCKS FOR 2012. FYI...VND WILL NOT GO WITHOUT THE DINAR.
6-18-2012 Intel Guru Okie_Oil_Man “Have we made progress towards the RV happen?” Folks I can assure you that all the Dinar Gurus and me had great intel that made us ALL believe that it was about to happen. This proved to all Gurus that great progress was made. All dinar Guru’s have to admit that we came closer Sunday to the RV than ever before…COGITATE! ["continued in post 2...stay tuned"]
6-18-2012 Intel Guru Bluwolf a importante G-20 three day meeting is on the way...its focus will be the getting rid of all GLOBAL ECONOMIC DEBT.. its a either we fix things now or bust situation for all involve. Are we actually there now? Yes we are, we are in a second by second scenario. If you were to ask me if the rates will be high for this international release? My answer is yes in the very high double digits, for the world needs a lot of money in order to pay its debts and fix there economies, just think about it there is no other way around it.
6-18-2012 Newshound Guru Breitling If you look at Iraq the way the CBI is looking at Iraq, it 's supply X's velocity. They are trying to create value. They are reducing the money supply & creating value. If they LOP, they are not creating value. Rebasing does not add value. CBI has put it out there that they are going to put value to their currency. They went to Parliament and said they are going to put value to their currency. Iraq is not in any position to LOP, that is why the IMF gave them loans. The only thing I can't guarantee is the exact rate and the exact time.
6-18-2012 Intel Guru BellaGrits I THINK WE WILL ALL BE CAUGHT OFF GUARD...I'M NOT LOOKING AT A SPECIFIC TIME IN THE LEAST.....BANKS ARE READY, IRAQ IS READY, THE WORLD IS READY...I AM LOOKING AT ANYTIME.
6-18-2012 Newshound Guru Med THE NATIONAL ALLIANCE IS PUBLISHING EVERYDAY NOW, WE WILL IMPLEMENT IRBIL. THE PROBLEM IS THE OTHERS DONT WANT IT ANYMORE. THEY WANT MALIKI GONE. AT THIS MOMENT IT IS VERY HARD TO FIGURE OUT WHAT DIRECTION IT WILL GO. THE OTHER BLOCS ARE GOING TO GET WHAT THEY WERE SUPPOSED TO GET BUT ON MALIKI, IT IS A TOSS UP RIGHT NOW IF HE SURVIVES TILL END OF HIS TERM. THE LETTER DELIVERED TO MALIKI...IS LETTING MALIKI KNOW HE IS NEARING HIS END.
6-18-2012 Newshound Guru SWFloridaGuy Iraqi Parliament has their work cut out for them when they reconvene on Thursday. Their procrastination up to this point on key issues has led the country into further turmoil at the expense of the citizens. The upcoming legislative term will address a multitude of pending laws scheduled for adoption including the HCL, Amnesty Law, Federal Court, Inspectors General, Ministers and the Judicial Council. If Iraq is to progress as a leader in the region both economically and politically, there must be a collaborative effort by the main blocs to enact the obligatory laws that will ensure the success of the next phase of the CBI's currency reforms. Combined with the threats of no-confidence and interrogation proceedings, I'd say on a legislative level, this an extremely exigent time for Iraq. It's time for action, no more talk.
6-18-2012 Intel Guru Hammerman All sources HAPPY...All INTEL is GOOD. We are here! For us the R/V could happen tomorrow or one month from now. All Governments have signed off already. The USA, China, Malaki cannot delay this, ONLY CIVIL UNREST / TERRORISTS...(for 48 hours +).
6-18-2012 Newshound Guru Mike Talabani's reasons for not putting in the Vote of No-Confidence - he clearly outlines his reasons - he didn't have enough votes - he needs to remain neutral and the National Party is going to do all that they said they were going to do which is what they haven't been doing. Last thing left for them is when Parliament is in session on the 21st and then try to force it thru at that point in time. Talabani going to try and stay neutral so he can win no matter who wins. ["continued in post 7...stay tuned"]
6-18-2012 Newshound Guru Med THE MOST IMPORTANT DINAR ARTICLE TO DATE ...CAME FROM THE VOICE OF IRAQ, THE #1 MEDIA OUTLET IN IRAQ...ENDED THE ISSUE OF THE GOI AND FINANCE SPONSORING THE NEW DENOMS. THEY STATE CBI WILL CHANGE THE RATE FIRST THEN THE GOI WILL HAVE CBI OR FINANCE ISSUE THE NEW DENOMS, IT PUTS THE REST ANY SCARE OF A LOP.
6-17-2012 Intel Guru BellaGrits THIS HAS BEEN A GREAT DAY FOR NOT ONLY FATHER'S BUT AS A DINARIAN. IT APPEARS THINGS ARE FIRING UP...LINING UP...AND WE EXPECT THIS REVAL TO COME AT ANYTIME. LOOK AT OUR MEDIA??? A GLOBAL CURRENCY RESET? REALLY? THEY ARE TELLING THE WORLD? THE U.S.A. IS REPORTING IT? REMARKABLE!!! GET READY PEOPLE...WE ARE IN THE FINAL STAGES OF THIS EVENT.
6-17-2012 Intel Guru Studley no more docs to be signed, no issues with Iraq, this event is WAY BIGGER THAN IRAQ, patience my friends...the noose is tightening like never before...timing is everything...better get used to eating chinese food...logistics around the world is coming to an end...please hold on.
6-17-2012 Intel Guru Footforward ITS A 100% ACCURATE FACT THAT CH 7 CAN NOT BE REMOVED WITHOUT AN RV....SO THAT MEANS ITS IMPOSSIBLE FOR US TO BE WAITING ON CH7 REMOVAL FOR THE SECOND TIME. IRAQ WANTS OUT OF CH 7 DESPERATELY. SO THAT ALONE SHOULD POINT OUT THIS ISN'T IN IRAQ'S HANDS. IRAQ IS NOT IN CONTROL...NEVER HAS BEEN – NEVER WILL BE. IF IT WAS UP TO THEM THEY WOULD HAVE HAD SANCTIONS REMOVED BACK IN 2000 OR EARLIER. ["continued in post 2...stay tuned"]
6-17-2012 Newshound Guru Doc As you have ascertained the "whale cash out" rumor is completely bogus. Also all the reports of Talabini and Maliki resigning are simply unofficial, unconfirmed rumors. We continue to be amazed at the volume of rumors that are reported as facts especially as key dates approach such as the UNSC review on Tuesday. We encourage all to stay grounded and look for official confirmed reports of chapter 7 release and Ebril resolution. Until we see these events we will continue to be stuck in the twilight zone. We report, you decide.
6-17-2012 Newshound/Intel Guru BGG if it’s truly a “secret ballot” it will be even worse...for Maliki. It will be a “landslide” – he has a very short, final window of opportunity. He has no major supporters and time is almost out. However, I do get the sense that he either intends to resign or fully implement – I always had the impression he would fight…it just doesn’t look like it right now...the only thing that might save Maliki is the magnificent pressure being applied gets him to “live up to” his end of the deal. Period. Other than that – he’s a “dead man walking”. ["continued in post 5...stay tuned"]
6-17-2012 Intel Guru Hammerman Smart cards are out in Iraq...even Iraqi citizens (foreign nationals) here in the USA received them. Iraq Military and the Iraq Government are using them. Not all - some are using them at this point. All will have them to use by next week. Smart cards are mainly for the distribution of all revenue when that comes out (Oil revenues income). Someone said smart cards were for welefare payments (wrong!). There will be no welefare in Iraq. Any poor people will be non-citizens in Iraq. All these people (Iraq Citizens) will be FILTHY RICH...everyone of them. ["continued in post 4...stay tuned"]
6-17-2012 Intel/Newshound Guru Poppy3 I have several broken bones in fact all bones on my right shoulder are broken plus three ribs...pain has been awful but they have me on a much stronger meds now and i am getting some relief finally. I am out of the loop on the dinar except for a few sources. ALL IS VERY WELL WITH THE RV . It is still dependent on timing on Maliki situation regardless of what many are telling you. They should act yea or nay on [Maliki] between the the 19th and 22nd then move fast to get us our rv...hang tuff and i will also.
6-17-2012 Newshound Guru Doc We have seen a flury of wrong information posted on many sites this past week. First, the discussion on Iraq/Kuwait and chapter 7 by the UNSC is scheduled for Tuesday, June 19 and not yesterday (Friday) as many reported. Friday was simply the date to get the reports to the UNSC for review. Unfortunately the initial reaction to the report is not as favorable as we would have hoped. It was reported that Ban Ki-moon "..expressed regret yesterday for lack of tangible progress in the issue of missing Kuwaitis and Kuwaiti property in Iraq." And it was further reported that the report recommended that the international coordinator be funded through the end of the year. While we will obviously wait and see what happens Tuesday our hopes of chapter 7 release are somewhat diminished. This initial response to the report was less than a glowing review.
6-17-2012 Intel Guru Okie_Oil_Man We can tell you with great confidence that great progress has been made this last week by the entities that are heading up the Iraqi Dinar and VN Dong RVs. They are very carefully controlling and limiting the amount of information released so that they can get their job done. So please don’t take RUMORS as fact. Remember what we really care about is live public rate.
6-17-2012 Newshound/Intel Guru BGG Most of what we have heard over the last month from the various Maliki camps and what we’ll hear coming up is just posturing. They have virtually no chance and now they know it. The SLC, Dawa party and NA are doing everything they can to try and stem the tide of this sentiment. It won’t happen. This is a runaway freight train and this coming week will be very interesting. ["continued in post 4...stay tuned"]
6-17-2012 Newshound Guru Mike we know they are going to do whatever they are going to do with their political process but it is our opinion what we really need to have is Oil and Gas Law done. They can fight for the power once Parliament is in on the 21st but the 140/Oil & gas is so very important. ["continued in post 6...stay tuned"]
6-17-2012 Intel Guru Hammerman Bank activity today has been phenomenal. SPECULATED Rate IS TO BE at above $3.50 per DINAR - is all I'm saying. Viet Nam Dong...Expected to go to .15 -maybe .16. BANKS are saying it will go down this weekend. If you learn how to intepret things - Later next week...It may show this weekend -We may not know it till next week. ["continued in post 3...stay tuned"]
6-17-2012 Intel Guru Dinar Wishes Something has to happen very soon as in before the end of the month if not sooner.... I feel it will come when we least expect it.
6-16-2012 Newshound/Intel Guru BGG If you’ve ever had a crooked ref in a ball game you know what it looks like – Talibani might not be crooked, but if it looks like a duck and walks like a duck – what’s the difference?? He’s threatening to resign as of yesterday – which doesn’t really matter since he already gave his resignation letter to Barzani a month ago. All this we’re hearing is mostly “posturing” – nothing more. The reality is, if a deal isn’t fully complete by Thursday – the fireworks start. Simple as that. ["continued in post 3...stay tuned"]
6-16-2012 Newshound Guru Vic1 June 20th...is Maliki's Birthday! He is gonna get a Party...alright! By...INVITE ONLY!!
6-16-2012 Intel Guru Okie_Oil_Man This has been a roller coaster week filled with rumor after rumor. We have personally spent each day this week debunking rumors…the biggest being that there have been people that have cashed out. Folks this is not true. No one has cashed out. In fact the term “cashed out” is not a correct term. The more correct term is “Exchanged Out” since we will be exchanging dinar (IQD Cash) for dollars (USD Cash). Please all dinarians remember one very simple fact: all the rumors are just that…RUMORS! Always consider any and all information you get as rumors until you see...A live rate on the public site. ["continued in post 2...stay tuned"]
6-16-2012 Newshound Guru Mike they are...attempting to...MAKE SURE ALL OF THE BANKS CAN EXCHANGE CURRENCY - very important that he eliminate the street dealers so that he can eliminate the fluctuations in the currency - he doesn't want to have his internal and external rates fluctuate that wildly ever again - they need to be very consistent - whatever he posts on the CBI he really would like to see internally in the country - Once he has his banking system in place he gets rid of most of the street dealers then he can stabilize his currency moving forward - Sounds like they are in a hurry to stabilize their currency and get these things set up...a stable currency is our best friend for things that are going to happen. ["continued in post 5...stay tuned"]
6-16-2012 Intel Guru Hammerman Maliki has resigned...He has signed on for everything....(that we want) and / but his resignation will not take effect till October or beyond so disregard ALL the " pro-con - He's there-He's gone " stuff from now on. We were set to R/V last night. The bombings that took place stopped it. From here on ONLY: CIVIL UNREST-BOMBING DEATHS / Terrorist Activity can interefere with the RV for up to 48 hours or longer after an incident. This is something we will have to deal with as an ongoing issue. The "Bad Guys" may purposely do this to interfere / stop it. Therefore there will be a lot of MIS-direction and secrecy regarding the R/V...It will be much harder to follow. ["continued in post 2...stay tuned"]
6-16-2012 Newshound/Intel Guru BGG Maliki offering up a resignation letter is legit…I believe he wants to get everything in his agreements implemented (and quick). The only way anyone will listen is if he shows them he’s serious. However, on the same point, because he has such a bad track record – they are proceeding with the “no confidence” as though they intend to remove him. Which they do…I suspect the 21st (as soon as Parliament show back up to work) to be Maliki’s D-Day!! ["continued in post 2...stay tuned"]
6-16-2012 Newshound Guru Phoenix3333 Iraq and UN Security Council Meeting Tuesday, June 19th 2012. UN Security Council Meeting with Iraq will be on Tuesday, June 19th. June 15 was when the Iraq/DFI report was due.
6-16-2012 Newshound/Intel Guru BGG Things are moving along very well. I got further confirmation, everything I have been pointing to...are all EXACTLY RIGHT on target!! We’re in great shape right now.
6-16-2012 Newshound Guru Mike "The Central Bank of the project to delete the zeros need to be concerted efforts by the government and parliament" ...this article pretty much point blank tells you that the Central Bank is in charge of the process and that they are the ones that are going to take care of all of the deleting of the zeroes and anything that has to do with the monetary policy...there also still letting the people know they are still moving forward...we've got our plan and we are working our plan...we believe sometime before they delete these zeroes they are going to go ahead and revalue. ["continued in post 4...stay tuned"]
6-16-2012 Intel Guru TerryK IM HEARING SUNDAY IF NOT TOMORROW [SATURDAY] IS THE WORD I GOT TONIGHT...IM HEARING TOMORROW AFTERNOON SOME ANNOUNCEMENTS ABOUT PROSPERITY STUFF AND THEN THE RV.
6-15-2012 Newshound Guru Adam Montana I'm a firm believer that we're not going to get a huge warning or even a major hint - it's going to come out of the blue and we're going to be in a mad dash to make the most of whatever time they give us to cash in. I'm also a firm believer that when they introduce the new currency at a new rate, we won't have more than 90 days to exchange our bills.
6-15-2012 Newshound Guru Mike they need the government to jump in and do a few investment things because they need to be able to have the right products and the right things to offer the people to open up the economy - we know they are making great strides over this last two weeks to really bolster the private sector. ["continued in post 3...stay tuned"]
6-15-2012 Intel Guru Hammerman PARIS CLUB LEFT EARLY THIS AM...I THINK THEY LEFT ONE PERSON BEHIND...WE GET FROM SOILD SOURCES, THATS IS ALL THE PROOF I NEED...SMART CARDS ARE OUT...SOME EVEN USING THEM BUT BY NO MEANS ARE ALL...EVEN CAN VERIFY A GOOD HAND FULL OF IRAQ PEEPS HERE IN THE USA THAT GOT THERE SMART CARDS...SMART CARDS ALSO HAVE NOTHING TO DO WITH NEW RATE...THE AMOUNT ON CARDS IS NOT THE RV RATE.
6-15-2012 Intel Guru Blaino STUFF IS HAPPENING! GOLD STUFF...MUCHO GOLD IS BEING MOVED THE LAST FEW DAYS...INTO USA...OVER THERE...Maliki IS TENDERING HIS RESIGNATION... EFFECTIVE IN OCTOBER.
6-15-2012 Intel Guru BellaGrits THINGS ARE LOOKING GREAT...THIS SITUATION IS WORLDWIDE..BELIEVE IN THIS REVAL...THERE IS NEVER A DROP DEAD DATE...NOT THAT WE KNOW OF...WE DO GET SIGNS AND SYMPTOMS...AND BOY, THINGS ARE REALLY LOOKING GOOD!!!
6-15-2012 Intel Guru Jonnywg [via BellaGrits] THE QUEST FOR THE RV HAS TAKEN A TOLL ON ALL OF US...IN MY CASE, IT HAS TAKEN A TOLL AS WELL...AND I AM FORTUNATE TO BE SENT TO A VISUAL INSTITUTION THAT PROMOTES ENTIRE BODY HEALTHCARE. I'VE HAD SEVERAL TESTS TO THIS POINT, AND EVERYTHING IS GREAT EXCEPT INTERNET AND PHONES ARE NOT ALLOWED-- I HAVE REMAINED IN CONTACT WITH MY SOURCES THRU AN EXTERNAL INTERNET CONNECTION. HOPE OUR GOAL IS REACHED WITHIN THE NEXT FEW DAYS...TAKE CARE ALL.
6-15-2012 Newshound Guru Scooter Iraq's New Retail Payment System - THIS IS TRULY STATE OF THE ART TECHNOLOGY AND HERE'S TWO REASONS WHY AN IRAQI DINAR INVESTOR WOULD CARE! 1.) It eliminates some enormous problems with retail and wholesale merchants using standard mobile technology and one extremely powerful "SMART CARD". 2.) It forces all Iraqi's to open a BANK Account!!!! AND THAT ONLY HELPS FACILITATE AN RV, NOT HURT.
6-15-2012 Newshound Guru Adam Montana The Kuwaiti Dinar was a different situation. Anyone who made money on it was simply in the right place at the right time. The Iraqi Dinar is different. If this currency is given a large boost, the government has had plenty of time to prepare contingency bills to take advantage of all the profits made by citizens here. Luckily, we are also given the same amount of time to take precautions. ["continued in post 8...stay tuned"]
6-15-2012 Intel Guru BWM news is really good and as much as I hate that "never been closer" the reality is that every day we are.
6-15-2012 Newshound Guru Mike "Deputy Central Bank Governor: There are blurred in the understanding of partnership with the Government of the Central Bank"...loved this article...talking about the relationship between the government and the Central Bank of Iraq...its more important now than ever as they move forward in this process and moving the RV forward that they understand the government plays a fudiciary role of oversight - they don't get to determine what the monetary policy is...the Central Bank is in control of the monetary Policy and not the Government and they need to make sure that they start to broadcast that out to everybody. ["continued in post 2...stay tuned"]
6-15-2012 Newshound Guru Adam Montana I'm not placing any bets on this particular UN meeting, from what I've been told they aren't prepared to settle the big issues. I think we are still a few weeks out after this next meeting, however... I will be happy to be proven wrong! They have been working towards a resolution of HCL and Chapter 7 for years and getting closer all the time. ["continued in post 7...stay tuned"]
6-15-2012 Intel Guru BellaGrits THINGS ARE STILL LOOKING VERY POSITIVE FROM EVERY ANGLE...I KNOW YOU ARE LOOKING AT IT AS A FRIDAY ABOUT TO HEAD INTO A WEEKEND-- PLEASE DON'T....PLEASE LOOK AT IT AS THIS CAN "POP" ANYTIME. I KNOW ALL IS DONE THAT REQUIRES COMPLETING THIS REVAL....LOGISTICS???
6-15-2012 Comedian Guru BWM if I had a quarter for every hour I was supposed to be at the bank I wouldn't need an rv.
6-15-2012 Newshound Guru Enorrste it is impossible to talk about a “raise” in the “value” of the dinar and talk about a LOP in the same sentence. A LOP is revenue neutral, whereas a revaluation involves a “raise” in the “value” of the currency. The removal of the large notes (remove the three zeros) does NOT affect the value of the currency. The RV (revaluation) which makes the small denoms have value ("about $1" per CBI statements) DOES INDEED raise the value of the currency. However, after the RV, those who have some of the large notes will benefit, because THOSE NOTES will also RAISE THEIR VALUE, only at the NEW value of $1 per dinar. The confusion for those who view this event as a LOP is that they have consistently misunderstood the meaning of "remove the three zeros". They think that the zeros are just LOPPED off, when in fact the CBI is quite clear that the "three zeros notes" will remain legal tender at least until mid 2014, AND that they will retain their value as legal tender. [Get the full LOP report coming soon...make sure you sign up in the Blue Box above, right side.]
6-15-2012 Newshound Guru Adam Montana tarriffs are extra taxes imposed on goods... they don't signify an RV. One could make the argument that it would be silly to add extra tax on goods that are out of the average Iraqi's reach in the first place, unless there was a plan to increase the wealth of the average Iraqi in the near future... but the tarrifs themselves have nothing to do with the value of the currency. ["continued in post 6...stay tuned"]
6-15-2012 Newshound Guru Med GREAT FIND...FROM THE MAJOR NEWS SOURCE...THE VOICE OF IRAQ. THIS TELLS THAT THE CENTRAL BANK IS FIRST DELETING THE ZERO'S FROM THE NOMINAL VALUE, THEN THE GOVT AND THE PARLIAMENT HAVE DECIDED ON THE THEME FOR THE NEW CURRENCY THAT WILL BE ISSUED AFTER THE NEW EXCHANGE RATE IN EARLY 2013. THEY...HAVE NOT STOPPED WORKING ON THE VALUATION OR THE REPLACEMENT OF THE CURRENCY POST RV. WE CAN ASSUME THIS IS THE TIME LINE...6 MONTHS OR LESS. GREAT NEWS.
6-14-2012 Intel Guru Bulldog75 We are Now in the "Best Window Ever". The only thing left is the phone call and "Announcement".
6-14-2012 Intel Guru BWM I have heard something ...along the lines...of the smart cards...while I have heard "loading" stories I have yet to confirm the "activity" of such loaded cards... so even if they had a value they are not usuable yet that I know of..
6-14-2012 Intel Guru Cap1 ERBIL HAS BEEN DONE FOR MONTHS. DON'T BE CONCERNED WITH WHAT GOES ON OVER THERE...AN RV HAS TO OCCUR BEFORE CHAPTER 7 IS LIFTED...[UN meeting tomorrow] NOT AN ISSUE... NOTHING HOLDING IT UP. JUST LOGISTICS GETTING EVERYTHING IN SYNC...JUST WAITING FOR A FINAL CALL. JUST NOW ON BLOOMBERG...CHINA, ASIA, JAPAN, INDIA MARKETS ARE EXTREMELY HIGH AS THEY "AWAIT" THE "GLOBAL STIMULUS PACKAGE" TOMORROW.
6-14-2012 Intel Guru Hammerman all news is positive...all we are doing is waiting for a release...[thinking...next week for the release]...alot are saying today, im just following my gutt feeling.
6-14-2012 Newshound/Intel Guru BGG Breaking News!!! ...article is basically saying not only is Maliki willing fully implement all the previous agreements - he'll tender a resignation letter as a "guarantee" that he will do everything he says he is agreeing to. It's awesome!! Maliki is scared senseless over being called in front of Parliament - he knows there is no way he'll survive it (politically).
6-14-2012 Newshound Guru Adam Montana the article that says they have enough signatures was a pre-emptive release from the Kurds side...they may have had 170 promises, but when it came down to it they only ended up with 160 signatures, promises don't get the job done...they didn't end up with enough to boot Maliki could it still happen? Yes, but...I don't think it's going to happen. The country is split too equally, and Maliki has enough fingers in enough pies to swing the votes his way time and time again. ["continued in post 5..stay tuned"]
6-14-2012 Newshound Guru Med MALIKI IS SURVIVING POSSIBLY BEING REMOVED FOR IMPLEMENTING AFTER 2 YRS, BUT THIS IS NOT OVER FOR MALIKI. HE, I BELIEVE, WILL ANSWER TO THE CORRUPTION HE WAS AND IS INVOLVED IN. SETTLING IT SO ALL ARE HAPPY IS JUST AS GOOD AS BOOTING HIS ARSS OUT, AT LEAST FOR US IT IS. WE DIDNT NEED MALIKI OUT BUT WE NEEDED HIM TO BE PUT ON THE CARPET FOR A BIT SO HE UNDERSTOOD THAT HE WAS NOT GOING TO BE ABLE TO CONTROL IRAQ LIKE SADAAM DID. I SEE THE FIRST REMNANTS OF THE MEETING THAT BIDEN HAD FOR TWO HRS IS FINALLY OUT...THINGS ARE LOOKING PRETTY GOOD.
6-14-2012 Intel Guru BWM [Article quote from Oanda FX Trade: Due to the extreme volatility some market analysts foresee could result in the coming days, OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012.] in the big scheme of things it doesn't seem to matter...it's not really forex...it's an "out of market" trading platform...so I think it's again something that we read into more than what is truly relevant.
6-14-2012 Newshound/Intel Guru BGG I’m looking for things to get “really kicked off” sometime headed toward this weekend thru about the middle of next week. It could have gone sooner – but didn’t.
6-14-2012 Newshound Guru Adam Montana if you've been in this investment for over a year, you'll know that we have an important holiday coming up...Ramadan. I say this every year...NOTHING gets done during Ramadan...if we don't see the RV before Ramadan, you can all pack your bags and go on a camping trip for a month because it will NOT happen during Ramadan...this year Ramadan...is Thursday July 19 - Saturday August 18. They have said that they planned to release a new currency in September of this year, so that gives us about 5 weeks between now and Ramadan, and almost 2 weeks after Ramadan to September...so in my opinion, we are sitting right on top of two very good windows of potential. ["continued in post 4...stay tuned"]
6-14-2012 Intel Guru BWM someone this morning posted there will NOT be a different rate IN Iraq vs what the rest of the world will get... it's mere folly to think that way...or you have your head stuck up the exhaust of a diesel engine too long [oh, my]...that is not how this plan was laid out.
6-14-2012 Newshound/Intel Guru BGG Looks to me like they are getting ready to get “this show on the road” – everyone would have liked Talibani to send the “official word” but it wasn’t required. Talibani is under some kind of duress. It’s hard to tell exactly what it is – but he’s playing his part. In the mean time – they will proceed against Maliki. This forward movement should be a dead-giveaway as to where all the “high speed” rhetoric is coming from. Maliki is desperate to save his hide. He may get some outside help – but it may not be enough. These guys are p!ssed!! [uhh ooohhh!!!]
6-14-2012 Newshound Guru Med THERE IS A BUMP IN THE ROAD I BELIEVE THAT CAUSED IT TO DELAY SOME AND THAT WAS THE DUMB AGREEMENT FOR TRADE MALIKI SIGNED WITH IRAN AND SYRIA. IT DECREASED THE VALUE OF THE DINAR AGAINST THE USD QUITE DRAMATICALLY. NOW CBI HAD TO RESOLVE THIS AND THEN STOP THE FRAUDULENT WAYS THAT SOME WERE GETTING DINAR AND DOLLARS AND THEY HAVE BUT I BELIEVE IT DOESNT START TILL JULY 1. I DO NOT THINK WE AT THIS MOMENT ARE IN ANY WORRY ABOUT THE DINAR NOT REVALUING, I BELIEVE IT IS STILL ON THE SAME TIMEFRAME THAT THEY ALWAYS HAD. I THINK THAT JULY THROUGH SEPT THINGS WILL TURN TO CBI AND HOW OR WHEN THEY ARE GOING TO REMOVE THE ZERO'S FROM THE NOMINAL VALUE.
6-14-2012 Newshound Guru Adam Montana This is a process that takes time and it was never meant to happen a year, two years, 5 years, or a month ago. Nothing is going to happen with the currency until they get Chapter 7 and the HCL handled. Once that's wrapped up, they can change the rate. ["continued in post 3...stay tuned"]
6-14-2012 Newshound Guru Kaperoni “Raised the proposal to delete the zeros of the Iraqi currency." This article is not good. It appears clearly in this article they are talking redenomination or LOP. I am not giving up hope, but this seems pretty compelling that Iraq may not be honoring the dinar at face value post redenomination. The best one can gain from this is 2X or 3X our investment if this is true.
6-14-2012 Newshound Guru Adam Montana nobody has cashed in yet, so we're all here waiting still...the big deal in the news this week is the Kurds wanting to boot Maliki for failing to get his act together...there is no bad news to report. Iraq is still moving forward, and in my opinion our odds of making good on this investment continue to get better. ["continued in post 2..stay tuned"]
6-13-2012 Intel Guru Okie_Oil_Man THERE ARE MUCH INTEL PRESENTLY- I AM SIMPLY AWAITING ON "THE CALL" FOR THE ANNOUNCEMENT----EVERYTHING IS IMMENENT...THE BLACK JET IS PREPARING TO LAND. TIMING IS UNCERTAIN BUT I AM ON FINAL APPROACH.
6-13-2012 Intel Guru Studley I BELIEVE EVERYTHING IS GOING VERY WELL, THERE HAS BEEN LOTS OF RESISTENCE TO THE PLAN BEING ROLLED OUT, THAT IS WHY THERE HAVE BEEN SO MANY DELAYS, THIS IS A PROCESS THAT IS VERY CLOSE TO CONCLUSION.
6-13-2012 Newshound Guru SWFloridaGuy Best case scenario: Maliki resigns, followed by announcements of Erbil, Ministers, Strategic Council etc. I think we're certainly all due some good news at this point. No matter what the outcome, should make for an interesting next couple of weeks with all that is being addressed in June. I'll bring the popcorn
6-13-2012 Newshound Guru Mike Oil and Gas Law ready to be settled – waiting for Parliament to get back & Talking with Kurdistan now to make sure they get all of that taken care of and try to put that out there as a bargaining chip. Vote of No-Confidence – they are working on that – waiting for the Parliament to come back on June 21 – you are going to see lots of articles for both sides – We are not as worried about the outcome of this as we are with the Oil & Gas.
6-13-2012 Intel Guru Blaino Got some intel from my "Whale Watcher" earlier today::: Seems like our 'turn' is in the works for the next few days...That's IF all works out! He/She/They are even now awaiting a call regarding 'departure!' Said the "Whales" ought to be done cashing in today and/or tomorrow and then "WE" get our turn at bat! He/She/They doubt we will see much before Thursday mebby Friday. So...using our judgement and common sense...we should be done by mid week next week ..."mebby!"
6-13-2012 Newshound Guru Scooter I think the world community, particularly the 32 countries which are part of the reconstruction project are definitely involved and have influence over this event. I think the member organizations like the IMF, World Bank, OED, etc...they will have a large influence, remember what their primary goal was originally, to provide the Iraqi people with increased purchasing power and to establish a middle class within Iraq...why is that important...here's why, a stabile purchasing power because a healthy economy produces less terror that's one, but more importantly a healthy economy raises the living standards of everyone in that country.
6-13-2012 Newshound Guru SWFloridaGuy I would assume that both Maliki and his opposition are using this break to rally support for their cause and ensure that every vote has been accounted for. I would like to see the Prime Minister alone unseated. Preferably a resignation though because if they no-confidence Maliki's government, I'm not so sure that will be as quick a solution as we had initially hoped. We would prefer to see democracy prevail rather than watch Iraqi "leaders" further anesthetized while the country remains paralyzed and the citizens suffer. ["continued in post 3..stay tuned"]
6-13-2012 Newshound Guru Mike absolutely wonderful to see...all the trade coming into the country... to see the expansion and everybody going there – they are looking to Iraq for business. We talked about postponement of the tariffs because these are things that will be inflationary but we have also seen several articles that indicate that they are already in place and testing these in certain areas. ["continued in post 3..stay tuned"]
6-13-2012 Intel Guru Ray Merchants and money exchangers are smuggling the dinar out of Iraq daily because they know it will be worth more out of country than in country. Saleh is on TV now telling the people how the prices in country will be adjusted to reflect the new dinar value when it revalues. The new currency has been printed and shipped to all the major banks in Iraq and is awaiting for the revalue to happen to begin exchanging the new for the old. There is a lot more happening which tells me there is going to be an RV very soon.
6-13-2012 Newshound Guru Scooter I think the tariff taxes are very important but it won't matter or have any impact on the bearing of the rate and here's why...They will receive the same value or amount regardless, the rate will be determined by the strength of the economy not by the amount they tax on imported goods and services and the economy and countries wealth is determined by exporting products throughout the world and that will be judged through their GDP.
6-13-2012 Newshound Guru Mike CBI is granting more and more licenses to private banks and getting the private sector on board and ready to go...the traders on the street are getting hurt by the new banks being able to give out money... not that we want to see any business get hurt but as they grow, that is one of the things that the Central Bank is going to take over and you are going to see these money changers go away. We like to see that happening...that tells us they are getting it ready. [note:] Dr Shabibi...is going to be talking at the World Banking Summit June 26 – 27. ["continued in post 2..stay tuned"]
6-13-2012 Intel Guru DinarWishes what a ride this has been and its not over yet...Im hearing there are some last minute things trying to be finished up which couldn't be done prior to now... and Im also hearing that this is almost over...No Hold ups or anything of that nature...Things are looking really good from a standpoint of alignment...So, hang in there and remember it isnt over till we do our exchange at the Bank!!! Nothing is set in stone.
6-13-2012 Intel Guru Hammerman If I told you all the info I have today your heads would explode. im in contact with 10 or so whales that have cashed out. Been confirming all morning. Between this Thursday and the 20th for an RV. I'll really be shocked if we see it this week, with the way they are in timing, I feel late next week we'll see an RV. 2.72 is what I am being told. Not the offical rate, just what is on the cards for every day Iraqi citizens. Government and military will get more I am being told.
6-13-2012 Newshound Guru SWFloridaGuy We should know when Parliament reconvenes and they hold Maliki's interrogation, (which he boasts he won't be present for) if they will be able follow-through with a no-confidence without the support of Talabani, and if they really do have the votes they postulate to. They are trying to muster cross-party support and quite often attendance figures from the initial reports differ from the official Parliament reports. These guys never show up for work. They did enact a penalty system to ensure attendance every once in a while but this remains a prevalent problem. ["continued in post 2..stay tuned"]
6-13-2012 Newshound/Intel Guru BGG I find it interesting they didn’t send Talibani ALL the signatures. They never showed all their cards. Looks like Talibani will have to come up with some excuse to not send the “official word” – or he might well do it at the last minute (I have always expected him to – keep in mind…he IS a Kurd). The Kurds are saying one way or the other – he will lose. His own party (the Diawa party) is going public - blaming the SLC for everything currently going on. If he were in such good shape – wouldn’t you think it’s a little early for the “blame game”?? This is “not-so-good news” for Maliki.
6-13-2012 Intel Guru SteveI this is not a good investment, it is a great one. It will not take all that much longer to get the political wrangling resolved, then the rest will fall into place. It took many years for all of this to happen and it will not be done overnight, however, we are close to the end of this ride.
6-12-2012 Newshound Guru Scooter I think that shabs has three [rates] they've somewhat indicated these in the country reports two years ago from the imf there's a low ceiling, mid ceiling, and high ceiling...the low would be under the .86 range the mid tier between 1.00 - 2.05 and the high upper two's...but nevertheless -- even the low the numbers wouldn't work with the state of their economy right now, it will get there it's just going take a bit more time...the reality is they can make their rate anything they want but they would have a heck of a time getting it accepted throughout the world. I think the longer he waits won't have too much effect which option he chooses, IMO.
6-12-2012 Intel Guru Ray I...truly believe there will be an RV and it will be very soon. Shabibi has personally said this several times in public. A man of his character would not make these claims if they weren't true. I know a lot about what is going on over there and all the preparations being made to RV the currency. The Iraqi people are being told daily what to do when it revalues and that they will be very happy because the dinar will be the strongest currency in the region.
6-12-2012 Intel Guru BellaGrits SMALL THINGS HAD TO BE DEALT WITH ...AND THEY WERE...IT TOOK ME A LONG TIME TO TRACK THE REAL TRUTH DOWN...WE ARE BACK ON TRACK....THINGS ARE MOVING ALONG VERY NICELY, AND WE ARE JUST WAITING "PATIENTLY"...THINGS ARE LOOKING GOOD.
6-12-2012 Intel Guru Angelquest WE ARE HERE AT THE MOMENT IN TIME OF NO RETURN...15TH IS MY OUTSIDE DATE...IT CAN POP ANYTIME...I KNOW WE SAY THIS ALOT BUT IT IS TRUE.
6-12-2012 Intel Guru Blaino Apparently, and according to 3 confirmed Dinarians, some large IQD holders "MAY"..."MAY" be getting some signals regarding ..."CASHING OUT"...AHHHH...LET ME TYPE THOSE GOLDEN WORDS ONE MORE TIME.... "CASHING OUT!" Feels good just to type it out...WHHOOOO-BAY_BEEEEE!
6-12-2012 Intel Guru Hammerman info is still smoking good...imo some upper class in iraq are using smart cards...i belive announcements within 48 hours if intel is true...we should here of it in iraq...then hours later here, then days later we get to the bank...my best intel just told me should be wealthy by the june 27th...all we can do is sit back hope an wait. intel says meeting on the 15th [un] wont speed this up, not a concern for iraq...whales with over 50bil have gotten money...whales withover 500mil starting within a hour...all is still good, and all is positive.
6-12-2012 Newshound/Intel Guru SWFloridaGuy lets hope a deal has already been struck. The last statement released said Maliki has now agreed to most of the points regarding Erbil, ministers etc. Lets hope that statement is true. If it is, then we will see formal public announcements of power sharing and we can turn our focus back to the CBI and their currency reform project. I’m disappointed Talabani seems to be backing Maliki but if they can reach an agreement (a real one) then maybe that’s the quickest, most painless solution anyway. Given Maliki’s history though, it’s very hard to trust him.
6-12-2012 Newshound Guru BGG We are on schedule, on track, going in the right direction. Let's be cautious...let's give the process time to work out.
*****Poppy3 Update - Prayer are being requested for Poppy3 - he has internal bleeding and one of the ribs has punctured a lung.*****
6-12-2012 Newshound Guru Med NOW THIS JUNE 15TH MEETING WITH THE UNSC IS ALWAYS MISINTERPRETED AS A CHAPTER VII MEETING, IT IS NOT. THIS IS THE ANNUAL UNAMI REPORT, READ AND DISCUSSED. IT ALSO IS THE TIME THEY RECOMMEND TO CONTINUE OR NOT. FOR THOSE WHO DONT KNOW WHAT THE UNAMI IS, IT IS THE UNITED NATIONS ASSISTANCE MISSION IRAQ. THEY PROVIDE GUIDANCE AND ASSISTANCE TO IRAQI'S AND TRY TO IMPROVE THE QUALITY OF LIFE BY WORKING WITH THE IRAQI GOVT.
6-12-2012 Intel Guru Cap1 ALL IS LOOKING SO VERY GOOD RIGHT NOW. IF THERE WAS ANYTHING THAT WOULD SHED A NEGATIVE LIGHT ON THIS ADVENTURE, I WOULD LET YOU KNOW. MANY THINGS HAD TO BE ACCOMPLISHED BEHIND THE SCENES AS THIS IS AN EVER GROWING PROJECT OF GARGANTUAN PROPORTIONS. THE WHOLE RV/GLOBAL RESET HAS TAKEN ON A LIFE OF ITS OWN. WE'RE IN THE HOME STRETCH.
6-12-2012 Intel Guru TerryK I WANT YOU ALL TO KNOW THAT WE HAD A CHANCE, A STRONG CHANCE LAST NIGHT TO RV. THERE WAS ANOTHER ATTEMPT TO REMOVE M FROM POWER YESTERDAY AND THERE ARE NOT ENOUGH VOTES TO DO SO. NOW THERE ARE THREATS JUST TO REMOVE HIM FROM POWER. I PRAY THIS IS DONE PRIOR TO THE 15TH. I DO KNOW TODAY THERE ARE TALKS GOING ON...IF THEY DONT REMOVE HIM, I THINK THIS WILL PUSH TO SEPT 1.
6-12-2012 Newshound Guru Med I THINK THAT IT IS POSSIBLE THAT THE TARIFFS WILL FORCE AN DRAMATIC MOVE BY CBI ON THE RATE OF EXCHANGE INFLATION IS HOVERING AROUND THAT AREA WHERE IT COULD REDLINE IN A MATTER OF A FEW DAYS TO A FEW WKS AND AT THAT MOMENT SHABIBI SAID HE WILL NOT HESITATE AND I BELIEVE HIM HE IS A MAN OF FEW WORDS BUT WHEN HE DOES SPEAK IT USUALLY MEANS SOMETHING. WE KNOW HIS GOAL IS WHAT WHAT DID HE SAY HE WANTED THE DINAR TO BE AT IN SEPTEMBER OF 2011, ONE TO ONE WITH THE USD. THIS IS FACT AND IS THE ONLY TIME HE CAME OUT WITH ANY VALUE.
6-12-12 Intel Guru Footforward The Dinar and the Dong are to go at the same time. It can happen at any time.
6-12-2012 Newshound/Intel Guru BGG You just don't get how bad off Maliki really is right now. There is consideration in his own party of either an attempted military take-over or having Maliki resign and someone from the Dawa internal party take-over. It's really bad for him. It might have been easier if Maliki or Talibani or anyone would have stood up and done the right thing. If they don't move on Maliki in the Parliament in the next 7-10 days I will be shocked!!
6-12-2012 Intel Guru FreewayBill [Freeway Bill from 6-9-12: Another day, another 85 cents.] The corrected extra rate accumulating for Dinar Holders for each day delayed is .085 not .85. My bad...085 per day was what I was told...sorry for the misunderstanding. From my understanding, there was a "penalty" put on to cover what this has costs all of the banks involved and countries involved while they have been made to stand ready and it costs them money and lots of it. I know for a fact that there will be a "country" rate which will be much higher than the coded rate which will be higher than the bank rate. The country code is increasing daily to pay some of these losses back to countries, who for their part have been ready and are suffering because of the delays. From what I understand, this penalty phase started a few weeks ago and continues.
6-11-2012 Newshound Guru Med WHEN SHABIBI ANNOUNCED HE WAS READY TO TURN THE REMOVAL OF THE ZERO'S FROM THE NOMINAL VALUE HE COULD HAVE DIVERTED THE PROBLEMS WITH SYRIA AND IRAN BUT HE IS NOT RESPONSIBLE FOR WHO THEY AGREE TO DO TRADE WITH SO MALIKI HURT THE VALUE OF THE DINAR BY DOING SO. NOW I WANT TO SEE IF THE U.S. OR COMPANIES IN THE U.S. ARE GOING TO BE ALLOWED TO ACCEPT THE DINAR FOR PAYEMNT. ONCE THEY ARE ALLOWED, THIS IS THE DOOR TO THE RV FOR US
6-11-2012 Newshound Guru SWFloridaGuy I don't expect a RV overnight but I do believe that after the National Meeting, if we see announcements of permanent Ministers, Erbil power sharing and the Strategic Council, the CBI will move ahead with their economic reforms and we could see a higher exchange rate on the IQD.
6-11-2012 Intel Guru BellaGrits I will tell you I had some awesome phone calls today all day...things are looking very nice in the dinar world, as they have been for quite some time...I have all good news headed in my direction...so, we just sit back and let this little RV run it's course.
6-11-2012 Newshound Guru Med EVEN IF THEY DID NOT GET THE 163 DOES NOT MEAN IT IS DEAD. THEY WANT IT PUT TO A VOTE ANYWAYS AND A SECRET BALLOT. THE BLOCS WHO WANT MALIKI OUT ARE BRINGING THIS TO TALIBANI AND THEY WANT PARLIAMENT TO DECIDE, NOT HIM, ON WHETHER MALIKI STAYS OR NOT. THEY FEEL...THEY WILL GET THE VOTES ON A SECRET BALLOT. THEY FEEL THAT MALIKI WAS ABLE TO INTIMIDATE...AND THAT IF HE DOESNT KNOW WHO DID IT THEN THEY WILL GET WHAT THEY NEED NOW.
6-11-2012 Newshound Guru SWFloridaGuy for some time the IMF and World Bank have instructed the CBI on how to correct abuses, implement policies, improve economic efficiency, and enter the next phase of their currency reform project. Although there are still many areas in need of improvement (as we saw listed at last year's World Bank mtg with the IMF), Iraq has come a long way. At this point they may just be waiting for the opportune time and a stable political environment that will ensure the success of the project. Stability and inflation have always been key factors. Look for a date announced for the National Meeting and the outcome of the ones I previously mentioned. ["continued in post 3..stay tuned"]
6-11-2012 Newshound/Intel Guru ArizonaHeat it is evident that Iraq has failed to bring the country as a whole into a international status, a strong point of that is a devalued currency...With the extension of the SBA [“Stand By Arrangement”] coming to an end and no further extension in site, that coupled with Dr. Shabibi’s notes, it appears this situation is finally coming to a head. One way or the other, The Dinar will have to revalue or the IMF who hold the purse strings to Iraq could very well revalue it for them on advice from the UN Security Council. This is not my opinion, but the Opinion from a man who deals with these types of situations on a daily basis...Dr. XXXXX in Washington, who has a doctoring in political and financial science.
6-11-2012 Newshound/Intel Guru BGG Jaafari and Maliki had a meeting with Hakim to “probe” the depth of his support for Maliki – just yesterday. Again, if Maliki were in such good shape politically – why the hit squads for his successor, the threat of arrest towards Sadr and this meeting to take Hakim’s temperature?? The truth of the matter is - Maliki knows as much about his fate as you and I do.
6-11-2012 Newshound Guru 8Ball What happened this weekend...and What if ? What if...Saturdays meeting was the National Convention - Talibani was there - they said they had only had 160 seats - we know by math that they have allot more than they need for the vote of no confidence...Kurds + Allawi + Sadr > 163 seats. Biden flew into to Baghdad (same night for 2 hours) - was it just a visit - was it to get the results - was met by high level government officials - Biden never left the airport - meeting was held in a special room in the Baghdad airport - they have got quite, really quick after pummeling Maliki in the media about no confidence - now Maliki will address the people to tell them...what the real problems are...somethings brewing ? Maybe even moving forward...My take.
6-11-2012 Newshound/Intel Guru BGG It is highly likely the opposition will have Maliki “interrogated” in Parliament as a first step towards removal. This should happen soon. They don’t need Talibani to “sign off” – but they would prefer not to “alienate” him. Iraq is still operating under a UN mandated, artificially low, “pre-programmed” currency rate. This will remain until they believe Iraq is no longer a threat to the world. Once there is again a legitimate “balance of power” in Iraq – they will move forward. Sooner or later – this will happen.
6-11-2012 Newshound/Intel Guru ArizonaHeat The key objectives of the current SBA [“Stand By Arrangement”] remain the same as in past programs--the preservation of macroeconomic stability, and the adoption of policies and measures to ensure sustainable growth and poverty reduction. This is not working, poverty and unemployment is at a staggering all time high. Time is running out on Iraq, at a very rapid and staggering pace. Dr. Shabibi spoke last January speaking of lower denoms and higher denoms working side by side starting “BY” September. So now the UN security council will be meeting and Iraq will be part of their agenda, don’t look at the chapter 7 issues, look and the conditions of Iraq and what actions can or will be taken if they cannot (Iraq) give good reason as to why the situation in Iraq still stands the way it does. ["continued in post 2...stay tuned"]
6-11-2012 Newshound Guru SWFloridaGuy This month is an important one for Iraq. In 4 days they have the UNSC meeting. Tariffs go into effect at the end of the month and on the 26th and 27th of June is the World Banking and Financial Summit in London. Shabibi of the CBI will be speaking and will examine the changing shape of global banking and finance in the light of the macroeconomic imbalances in the world economy. The World Gold Council, DeLaRue company and major banks from around the world will be in attendance. ["continued in post 2...stay tuned"]
*****Poppy3 Update - He is home, healing, but not super happy - lots of pain.*****
6-11-2012 Intel Guru Hammerman Trying to see if there's any truth in yesterdays intel. If there's any truth to it at all, we are within 10 days. (or less hint hint)...Intel is great, almost to good, that's what concerns me.
6-11-2012 Newshound Guru Scooter I think we are heading for a Hybrid solution between the redenomination and the strategic goal of the country to increase the purchasing power of the people. A process that will take time. What they will open up at, nobody knows but it should be interesting. I think when we see the lower denoms floating into the market and being used exclusively by the people of Iraq, you'll see several significant jumps in the value. Largely because they'll need this to reflect the purchasing of common items food, milk, bread etc.
6-11-2012 Newshound Guru Bondlady With Maliki's new initiative maybe they will finish the HCL and art 140 also. It is said that the President [Talibani] had called in a presidential statement recently to...8 things...from the erbril agreements, the ones which can be done by the constitution...basic necessities such as oil and gas law. WOWZA, if done, so r we IMO...the other 12 points of the erbril agreements will be left for them to continue to do what they do, fight over them. i guess we wait to see whats gonna happen today...if they push to go ahead an question maliki in parl and not do the no confidence.
6-10-2012 Intel Guru Okie_Oil_Man THE INTEL MILL IS RUNNING FULL BLAST. MANY SOURCES POINTING TO THE IMMENENCE OF THIS HAPPENING AND HAVE NOT RULED OUT TODAY AS A POSSIBILITY. SOME SOURCES REPORT CONFIRMATIONS--SOME SOURCES SAY'S NOT YET--BUT SOON. (BOY I HATE THAT WORD SOON). I CAN NOT STATE WHO-WHERE OR WHAT THE INTEL IS --BUT IT IS GREAT--AS SOON AS I AM TURNED LOOSE--LIKE PAUL HARVEY--I WILL TELL YOU THE REST OF THE STORY.
6-10-2012 Intel Guru Footforward I EXPECT THE VND AND DINAR TO GO AT THE SAME TIME, STILL LOOKING FOR A GOOD RATE ON THE DINAR, AND THIS CAN STILL HAPPEN ANY TIME. I DONT KNOW WHEN ITS GOING TO HAPPEN, ALL I KNOW IS EVERYTHING THAT MUST BE IN PLACE IS IN PLACE, AND IT CAN GO ANY TIME NOW.
6-10-2012 Newshound Guru SWFloridaGuy "The Seattle Times reported that the Iraq president says the PM critics didn't muster majority. Opponents of Prime Minister Nouri al-Maliki have failed to muster enough support to bring him down in a vote of no confidence, Iraq's president said in a statement posted on his website Sunday. Last week, the prime minister's opponents said they sent a letter to Talabani with pledges from 176 lawmakers in the 325-member parliament - or a dozen more than the 164 needed - that they would vote for the prime minister's recall. However, Talabani said Sunday that the letter only has 160 valid signatures. He said 13 lawmakers informed him that they are withdrawing or suspending their signatures."
6-10-2012 Intel Guru Bluwolf YOU ALL KNOW WHERE WE ARE AT...YOU KNOW THAT WE ARE AWAITING JUST FOR A PHONE CALL...THAT BEING SAID YOU ALL KNOW THAT ALL IS ON TRACK.
6-10-2012 Intel Guru Fresh this is just my opinion but there is a LOT of money being promised to solve the major debt issues around the world - I find that last part indicating more or less time is of the essence!
6-10-2012 Newshound/Intel Guru ArizonaHeat I read a document on a study done on Iraq and the people there, no food, no water, no electricity, no jobs, so if you think for one second they want to continue on like this, you might as well just sell off whatever dinar you have and move on...we are a very small part of this situation, we don’t matter in the broad spectrum of things, so no one even cares about who calls it, the amount of dinar sold, none of that crap means anything to the Iraq RV or to the people in charge of this.
6-10-2012 Newshound Guru SWFloridaGuy Let's hope a deal was struck, let's hope tariffs are as important as we think they are, let's hope Iraq wants to be in a good position for their meeting on the 15th with the UNSC and let's hope soon this baby pops.
6-10-2012 Newshound/Intel Guru BGG Stick a fork in Maliki - he's done...Hakim was in a meeting with Jaafari and Maliki today and they were "probing" him on the depth of his "support" - which means, once this thing goes to a "secret ballot" Maliki is toast.
6-10-2012 Comedian Guru Okie_Oil_Man I AM HOPING THE FINAL POST WILL BE AN EX-LAX POST--(ONE THAT REALLY MOVES YOU). MY LAST REQUEST BEFORE I DIE IS TO HOLD HAND'S WITH A LAWYER ON 1 SIDE OF THE BED AND A BANKER ON THE OTHER SIDE OF THE BED--I WAS ASKED WHY?--AND I REPLIED-----WELL JESUS DIED BETWEEN 2 THIEVES. REMEMBER BEFORE OBAMA--WE HAD BOB HOPE AND JOHNNY CASH--AFTER OBAMA--NO HOPE-NO CASH. REALLY ENJOYED LETTING MY HAIR DOWN (WHAT I HAVE LEFT). [Thanks Okie, for lightening up our day!! LOL]
6-10-2012 Newshound/Intel Guru ArizonaHeat Iraq PM Maliki is...going nowhere. The information being brought to you by the wonderful world of Middle Eastern news agencies is BS. I’m confident that not only does Iraq want this done, so does the IMF, they are on the line for some big bucks with Iraq, the UN will also step in if the conditions of Iraq don’t improve very quickly. ["continued in post 2...stay tuned"]
6-10-2012 Newshound Guru 8Ball Maliki can't do anything on his own...its the hidden people that are behind the scenes that fear losing power and its a test of wills right now as Allawi and the Kurds ratchet up the votes I fully expect a total cave in. Maliki and the Shiites were on the brink of destruction. If a party reforms with 163 seats + Talibani will send a letter to Parliament to begin the process of dissolving the current government since they will not hold a majority Maliki and the Shiites are on the edge...who will blink first. the meeting today is the threat...so we will have to wait until about 3pm est for more news to see what happens in Iraq.
6-10-2012 Intel Guru Blaino THERE APPEARS TO BE SOME FINANCIAL MOTIONS AND SOME WHISPERS ABOUT CREDITORS (READ THAT AS "PARIS CLUB") AND OTHERS WHO HAVE 'PRIORITY' WHERE PAYBACKS ARE CONCERNED. WHERE WILL THE $ COME FROM? I HAVE AN IDEA THAT IT COULD ALREADY BE THERE, JUST NEEDS TO BE "REVALUED" TO GET THIS SHOW ON THE ROAD NOW! THERE IS MUCH MORE THAT MAY DEVELOP IN THE NEXT SEVERAL DAYS. WE CAN ONLY WAIT AND WATCH TO BE SURE, BUT WE DO SEE THINGS HAPPENING AND THE SUBTLE THINGS THAT ARE INDICATORS OF THINGS TO COME ARE DEFINITLY ON THE TURN TO OUR DIRECTION!
6-10-2012 Intel Guru Hammerman there is a lot of rumor in the streets that Maliki has left the policial stage... whether he removed himself or was removed, that was rumor in the street from TV news...they are all going to act together to get this done hopefully by tomorrow afternoon we will hear the scoop on Maliki and whether he is in there or not.
6-10-2012 Newshound Guru Med IT WAS THE GOI WHO HAS STYMIED ANY PRIVATE SECTOR DEVELOPMENT, THEY HAVE STOPPED MAJOR INVESTMENTS AND MONEY FROM COMING INTO IRAQ, EVERYONE TRIED TO HELP IRAQ OUT OF THIS THE WORLD BANK THE IMF THE U.S., THE UN...BUT WE TURNED IT OVER TOO QUICKLY AND WE HAD NO EXIT PLAN...THAT WAS OUR OBVIOUS MISTAKE.
6-10-2012 Intel Guru FreewayBill It has been estimated by reliable sources that at this point and time, every day that it does not happen, the ending rate will be increased by 85 cents. If you put that into real numbers, that would be 850,000 for every million dinar you have. That is not such a bad fee for the torment and misery so many are going through. However, at this point, I am sure that almost all would gladly forgo the profiting period to just get this over with. Legistics is the holdup...Not Obama, Not Maliki, or anyone else. Once they have all systems in line, we will be going to the bank.
6-10-2012 Newshound Guru 8Ball meetings yesterday...brought Maliki to the edge of destruction of his government, 160 votes. there is another meeting scheduled today which will probably require...high level finance to purchase the remaining three seats either by position or $. they are giving Maliki every last minute to implement the agreements. I think when they mentioned the forged signatures, they were the signatures which Maliki bought back...they just don't like to say it the way it really is. ["continued in post 2...stay tuned"]
6-10-2012 Intel Guru Okie_Oil_Man MY SOURCES ARE TELLING ME THAT THIS RV PROCESS IS LOOKING VERY POSITIVE. I AM STILL WAITING, AS YOU ARE, FOR "THE CALL” SO I CAN POST WHAT WE ARE HERE FOR - "THE FINAL POST". DON’T CONCERN YOURSELF WITH HOLDUPS – THERE ARE NONE, A WORLD CHANGING EVENT DICTATES ALL THE I'S GET DOTTED AND ALL T'S CROSSED. YOU HAVE NO IDEA HOW HARD IT IS FOR ME KEEP QUIET AT THIS TIME WHEN I’M SO EXCITED ABOUT THE INFORMATION I’M RECEIVING...I AM EXPECTING THE FINAL POST SOON.
6-10-2012 Newshound Guru Mike its getting safer over there so people are coming back...the government is starting to punch out some money to the families and people - what better thing can you do to start the middle class and get them going - RV your money - give them value - give them more purchasing power so they can actually start to buy and want to invest...lots of positive things happening when you put it all into perspective.
6-10-2012 Intel Guru Hammerman you can expect some incredible announcements between tomorrow and Tuesday...I can confirm masses of world delegations arriving tonight into tomorrow... have heard it could have something to do with an RV...ch7 does not affect this RV. The part they needed to get done is done... iraq will announce reevaluation to their country and then will give 6-8 hours before can announce to other countries...have heard from a couple of unconfirmed rumors, the additional rate was to be $2.77 range.
6-10-2012 Intel Guru Bulldog75 'Our Window is Still Wide Open'...our Time and RV is Inevitable. No obstacles in Sight. Nothing but Blue Skies is What I see.
6-9-2012 Newshound Guru Vic1 I spoke to UN...directly...Chapter 7...does not interfere...with Revaluing a Currency!!! June 15, 2012...unsc...will meet..for iraq/kuwait file!!! No Stop signs...KUWAIT....is asking...Please...can we get this Darn Chapter7 non-sense....DONE!!!
6-9-2012 Intel Guru BellaGrits things seem to be moving rather swiftly at this point...we are well on track....indeed!! Things look better than ever.
6-9-2012 Newshound Guru Mike We want to see 140 implemented - we read about the 140 Commission saying it is pretty much here - we have the groundwork laid...lets go ahead and figure out how to solve the 140. Now some people will say well they are signing contracts then that means they must have it in place - Truly you can't have the 140 in place because they are telling us they don't - so it means all of these things being signed are unconstitutional.
6-9-2012 Intel Guru Cap1 WE SHOULD BE DONE IN DAYS OR MAYBE HOURS, I DON'T HAVE THE TIME CLOCK BUT I KNOW IT'S CLOSE...SO VERY CLOSE. KNOW THAT OUR TIME OF VICTORY AND COMPLETION DRAWS NEAR, WE ARE ON THE BRINK OF HISTORY.
6-9-2012 Intel Guru Blaino THERE WERE RUMBLINGS IN THE SANDBOX...MEDIA SEEMS IN A BIT OF A TIZZY AND FOLKS ARE ALL HEADING THAT WAY. STATE OF LAW COALITION IS NOW CLAIMING MANY OF THE SIGNATURES ON THE VOTE OF NO CONFIDENCE ARE FORGED, FAKED OR SOMETHING LESS THAN REAL. SOMETHING IS ALSO HAPPENING IN THE MILITARY AS SOME RIPPLES ARE SHOWING UP WORLDWIDE. COULD BE SOME QUIET ALERT TO READY SPECIAL FORCES AND OR MILITARY SUPPORT TROOPS OR PEACEKEEPERS. ["continued in post 2...stay tuned"]
6-9-2012 Newshound Guru Mike Maliki, the cat of Nine Lives, has certainly staved off vote of No-Confidence at this point...Talabani has decided that he really wants to work this out amongst the presidencies and...Kurds have kinda flown back to Kurdistan...trying to figure out what there next possible plan of action is...they realize they want to pressure - they want to get the 140 implemented and they want to get the things that have been decided on done and ready to go...we don't have a dog in the race other than we want to see the government formed well enough so they can RV and obviously Shabibi seems to be moving at breakneck speed to try and stave off these things to get this done.
6-8-2012 Intel Guru Bear5642 The tarfiffs are in place and the WTO will not let them even trade without a REvalued curerncy. They are up against the wall, Iraq is backed up into a corner and they have to do something. Chapter 7 will not go away either unless they RV. June 15th still on track for UNSC (Chapter 7 release?) and tariffs implemented July 1st. Hard to see us getting out of June 2012 without an RV on the IQD (and VND). Maliki is not the issue, Iraq needs the money now and with Tariffs in place and the WTO saying they can't trade without a RV'd currency, puts them in a tight spot. Iraq needs to do this period, that's all and the banks are well aware of the pending RV. It will be soon, I'm hoping by June 15th.
6-8-2012 Intel Guru Hammerman comfirmed, through no less the 3 USA an 2 overseas contacts...there is about 800 CIA, secret service, an FBI heading to iraq region...there is also about 3000 USA special forces in plain clothes heading to Bagdad...they are prepping to protect over 50 other country delegations heading to Bagdag...there is also alot...of world news media staying in the region, there is no room for them in Bagdag there is so many coming in...theres other hot news but not going into it cause can not prove yet, but these people are getting ready for something...yall will get more as i comfirm, live, love, and learn.
***** Poppy3 Update - They are sending him home tonite (I think) but he's not a happy camper. He's hurt pretty bad and they have already written his discharge - Ouch!! he said to thank everyone for the prayers...and Mrs Poppy will keep him well in hand. She's already put her foot down over the horse.*****
6-8-2012 Newshound Guru Mike they are intent on really trying to keep tariffs moving forward and Shabibi is taking it seriously. They are opening up the State Banks to cash in - to give out dollars and exchange dinars for dollars and all that- giving them a lower rate than what they can find on the street - They are going to keep that rate within a 2% margin so they can squeeze the street vendors out so that the larger money will come to the bank because it will be a better deal...they are moving forward - they have stabillized their rate and they are continuing to stabilize their rate and hopefully Shabibi will be ready for the next major thing he is going to encounter which will be his tariffs coming up. ["continued in post 2...stay tuned"]
6-8-2012 Newshound Guru SWFloridaGuy Once the terms are finalized, they are submitted to the WTO's General Council. If two-thirds of the members vote in favor, than Iraq may accede to the WTO. So, as you can see, it's not a simple process. To convolute matters, since Iraq's plan is to dedollarize and not continue using the USD as their primary currency, they need to make the IQD a convertible one as accession stipulates. Other than seeing WTO accession as general progress for Iraq, this issue in particular (convertible currency) is something we as Dinarians find may have some applicability.
6-8-2012 Newshound Guru SWFloridaGuy We are hearing a lot of speculation regarding Iraq's accession to the WTO...This is a complex process and the WTO...membership is considered on an individual, case-specific basis. There are private requirements and stipulations in addition to the basic, general guidelines...Iraq has to lay out all their economic and trade policies that relate to WTO agreements. When Iraq submits this memorandum a panel will consider the application. When the principles and policies are in place, additional negotiations will commence between Iraq and other countries. ["continued in post 2...stay tuned"]
6-8-2012 Newshound Guru Adam Montana The more pressure Maliki is under, the more likely he is to finally stick his neck out and force some movement in the GOI and/or Arbil-Erbil-Irbil, the closer we are to resolution on the HCL.
6-8-2012 Intel Guru Hammerman no change in info...all we can do is hope for next week...this event will happen when the timming is right...everybody thought the dong would go yesterday...everybody with intel goverment contacts...and banking contacts...this is so nuts...live love and learn.
6-8-2012 Newshound Guru Doc Money supply needs to be reduced to support a significant RV. We will not argue the absolute value of the current money supply since it does not matter. Lets just say it is 10s of trillions and has to be reduced to support a RV. Without a reduction even a RV of $1 is economic suicide. The value of the dinar would be greater than all the currencies currently in the world. This is also why when anyone who proposes ridiculous rates like $3+ obviously have no clue of basic economic principles.
6-8-2012 Newshound Guru Mike Nobody knows the time or the date...Watch what is going on…This is a process – its not something that is going to happen overnight. Are we moving forward? YES we are moving forward…We are moving someone out of the way – The CBI is in place and lets look at all the next steps as we come forward...its just a matter of time…and in the great words of Iraq…any moment now…which we all know what that means.
6-8-2012 Intel Guru BWM I still believe what is going on in Iraq is a "theatre" of sorts... just waiting for the world to tell it to "wrap it up" and close the curtain after they announce their final to-do list.
***** Poppy3 Update - last nite - they were just waiting for scans so they could come home. At that point they thought he just had a broken shoulder blade. However...he wasn't feeling too good, the scans turned up 3 broken ribs and some internal bleeding. They kept him overnite.*****
6-8-2012 Intel Guru Frank26 one of the WTO prerequisites is to have an internationally recognizable and tradable currency in order for them to be full member. The only way that’s going to happen is for them to be accepted as part of the world economic community. This is why...the UNSC, which is the USA, will not give them the keys to their shackles, the final part of chapter 7, until they raise the value of their currency; because that is one of the prerequisites to enter the WTO, which also is the USA. Do you see the catch 22? We are in control. We will not allow them to do anything until they know what they are doing with their currency. From the 7th – 15th we are looking for the birth [RV?] to be announced. Then on the 15th the UNSC can give Iraq Chapter 7. If not they will be moved over to next month and so will the tariffs on the 30th.
6-8-2012 Intel Guru Ray my contact...was telling me...the people in Iraq...want Maliki to complete his term of 18 months that are left. They voted for him and want him to finish his term. They are also saying that if Maliki goes, then they are going to protest and ask for the removal of Talabani, Barzani and Allawi too. They feel Maliki can finish the job and want the Kurds and Sunnis to butt out and work with Malaki. They are upset with the Kurds trying to do things on their own instead of following the Constitution. They truly want democracy to work and not have just a few leaders try to dictate how things should be. I still truly feel this investment is going to happen as you do.
6-8-2012 Newshound Guru Mike Maliki, the cat of Nine Lives, has certainly staved off vote of No-Confidence at this point...Talabani has decided that he really wants to work this out amongst the presidencies and...Kurds have kinda flown back to Kurdistan...trying to figure out what there next possible plan of action is...they realize they want to pressure - they want to get the 140 implemented and they want to get the things that have been decided on done and ready to go...we don't have a dog in the race other than we want to see the government formed well enough so they can RV and obviously Shabibi seems to be moving at breakneck speed to try and stave off these things to get this done.
6-8-2012 Intel Guru Blaino THERE WERE RUMBLINGS IN THE SANDBOX...MEDIA SEEMS IN A BIT OF A TIZZY AND FOLKS ARE ALL HEADING THAT WAY. STATE OF LAW COALITION IS NOW CLAIMING MANY OF THE SIGNATURES ON THE VOTE OF NO CONFIDENCE ARE FORGED, FAKED OR SOMETHING LESS THAN REAL. SOMETHING IS ALSO HAPPENING IN THE MILITARY AS SOME RIPPLES ARE SHOWING UP WORLDWIDE. COULD BE SOME QUIET ALERT TO READY SPECIAL FORCES AND OR MILITARY SUPPORT TROOPS OR PEACEKEEPERS. ["continued in post 2...stay tuned"]*****Poppy3 Update - Pops broke his shoulder blade and they were waiting for a CT scan to come back before they let him go....looks good...Don't think he hit his head.*****
*****One of the dinar community's guru, Poppy3, fell off of his horse today and is at the Emergency Room. Please keep him in your prayers.*****
6-7-2012 Newshound Guru Adam Montana I don't think Maliki will be given that long, and I think Shabibi will come back into the limelight again before September. So - I don't think it will go to 2013. In my opinion, I am pretty confident in the "now to September" timeline. I could be way off, it might take another 10 years. [10 years? I Hope you're kidding A. M. ; ( ]
6-7-2012 Intel Guru Jonnywg all the talk is that we will continue to get our chances until one day we are successfull...we are very close and all significant problems are resolved...i still feel the final settle rates after a few days will be single DIGIT...This will still be an unbelievable return on INVESTMENT.
6-7-2012 Newshound/Intel Guru BGG If Maliki stays, Iraq stays poor and Iran and Turkey don’t have to worry about a titantic economy right next door. It’s purely out of self-preservation they support Maliki...Talibani is working right through the process and when it comes right down to it – if he has to, he will request Maliki be removed. I think Maliki knows what the end result is and this is why you will see continued visceral attacks by him in the near future. He knows the truth and he’ll go down swinging.
6-7-2012 Newshound Guru Mike Maliki has basically stood in the way of all of the progress...because he has wanted all that power – its really simple as that…power and money. I can’ tell you if the system is right or wrong but you want them to operate inside the system...and you want the CBI to know they are operating inside that system...so they can pass the laws that they need to get this banking system off the ground and the private sector started ...Once those things are in Place you get the oil and the gas that goes into the economy, THEN YOU ADD THE BIG FUEL...THE ROCKET FUEL…WHICH IS THE RV. ["continued in post 7...stay tuned"]
6-7-2012 Newshound Guru Vic1 There is such GOOD NEWS!!! We need to remember...I'm might be a month or 15 days off! However...The JUNE 1st...tax and tariffs...means...the count down started for the WTO!!! This MALIKI....GUY...IMHO....IS outta here!!!
6-7-2012 Intel/Newshound Guru Poppy3 I was told not to share that news (FBI/CIA delegation trip) but it must have been made public. Biden went there Sunday/Monday time period for about 8 hours and reported back. Now they have a full deligation set to travel there but as of yesterday have not scheduled to trip.
6-7-2012 Newshound Guru Adam Montana the goal here is painfully simple...We all know that in the past, the Iraqi Dinar was worth MUCH more than it is today. Iraq has not lost any of their natural reserves, their oil didn't suddenly evaporate, and their government has continued to stabilize...if Iraq can increase their wealth, if they can give their economy and their people a little "boost" with a Revalue of the Dinar, that has the potential to be the catalyst Iraq needs to dramatically reduce unemployment, dramatically increase overall prosperity, and dramatically change the future for Iraq and also the world...based on those concepts, I am still riding this pony, for better or for worse. I think the ending will not be "worse", I think it will be "better". The question I can't answer, unfortunately..."WHEN!?!" i don't know. At this time, we must simply be patient and watch it play out. ["continued in post 4...stay tuned"]
6-7-2012 Newshound Guru Historian I heard a rumor today that the VND was no longer an exotic currency. Either the source is using the term "exotic" very loosely, or there has been a radical change in the global model of currencies. Or it is just a rumor. Currencies are either major or exotic. If theoretically the VND were no longer an exotic currency, then a radical change would have to have occurred in the global model of currencies whereby investors, institutions and countries would now buy and sell the VND to diversify and hedge their currency holdings. I hope the rumor is true because it would mean not only that the VND has RV’d but that we have a radical change in the currency model. But I would be very happy if the VND simply continued as an exotic currency and just RV’d.
6-7-2012 Newshound/Intel Guru BGG it is my belief most of the current meetings aren’t about the actual vote. They are about what comes after the vote. There is an awful lot of back and forth in the media right now over there being enough votes or not enough votes (seemingly put there on purpose). They are still saying the vote part is a “done deal”. This also puts the trips by both Talibani (to Turkey) and Sadr (to Iran) in a light to make a lot more sense now than a couple of days ago. They may very well be getting some “final” talks out of the way before moving ahead. ["continued in post 2...stay tuned"]
6-7-2012 Newshound Guru Mike Whats going on on the government side - The best info we can give you going forward is that the signatures have been presented…they are being verified…and it looks like they are getting ready to call this extraordinary session to go ahead and do the vote of No Confidence and for the National Party to actually present somebody at the same time to step into that Prime Minister position. So you have people trying to jockey for position – you have years of distrust...But they are moving forward. ["continued in post 6...stay tuned"]
6-7-2012 Intel Guru Okie_Oil_Man EVERYONE IS CLOSELY WATCHING WHAT IS OCCURING IN IRAQ.---STOP WASTING YOUR TIME---IT IS OUT OF IRAQ'S HAND'S AND WHATEVER GOES ON OVER THERE HAS NO IMPLICATION ON THE R/V--THEY SIGNED THAT RIGHT OFF SOME TIME AGO.
6-7-2012 Newshound Guru Vic1 the tax and tariffs were put into gazette...on the 1st! The income tax laws are also on the first of JUNE...The OIL...Companies are signing....Contracts!!! How could they sign contracts if NO.....HCL law! The inflation...is a Worry...However...on June 15th un...meets to Decide progress on iraq/kuwait....file! Kuwait wants chapter7 done...asap!!! this month is smokin...hot!!!
6-7-2012 Newshound Guru Med THE SIMPLE THING HERE IS MALIKI FAILED TO PROVIDE SERVICES TO THE PEOPLE SPENDING BILLIONS, LOSING BILLIONS. HE SAID100 DAYS, THAT WAS A YR AGO. DOES HE DESERVE TO BE IN PRISON, YES. WILL HE SEE PRISON, YES, IF HE DOES NOT RESIGN. ONCE THE AUDITS COME IN AND I AM SURE SHABIBI WILL HAVE A SAY IN IT WHETHER OPENLY OR BEHIND THE SCENES -- THEY GAVE MALIKI AN OUT AND HE WAS TOO MUCH AN EGOMANIAC TO TAKE IT.
6-7-2012 Intel Guru Ray Shabibi just announced publicly two months ago that the dinar would come out at a rate greater than the 1978 rate of $3.22. He didn't say anything about it being a gradual rise. I personally believe it will happen overnight without any fanfare at all. I totally trust this investment and fully believe that it will RV at $3.22 plus overnight. Shabibi gave a drop dead date of September 1 to RV. Saleh has said publicly that it could happen anytime before then too. I feel we all have to be ready for the RV to happen at any moment.
6-7-2012 Newshound Guru Adam Montana if I can give you any GOOD news, it's this: Pressure is turning ON for Maliki to actually do something. I still believe that he is the right person for his job, and he is the best candidate we have in relationship to a large increase in the Iraqi Dinar...but eventually he is going to have to stop stalling, stop making sure every detail is perfect, and eventually he is going to have to make some MOVES. ["continued in post 3...stay tuned"]
6-7-2012 Intel Guru Hammerman The VND is no longer considered an exotic currency according to my sources. I was also told they did do a vote on Maliki and got 17 more than they needed but for some reason they held that vote over his head to convince him to play ball. I was told there will be a lot going down by the 9th. They already exiled Maliki to Switzerland, Europe, London but now he can go to Austria. At some point he will be leaving Iraq, once he gets the paperwork done. They are also going to give Maliki over a billion dollars to leave. I think by the end of next week we could see an RV.
6-2-2012 **** Breaking Newsflash **** It appears the OFFICIAL march to replace Maliki is in full swing...The Fab5 have asked Maliki to resign and have also asked President Talibani to request an official vote of no confidence...Several gurus report Maliki is not being removed at all??? (still conflicting reports here)...Regardless, this is a Major development as Maliki's and Iraq's fate is held in the balance....Stay tuned as all this drama unfolds and the pressure mounts.
6-6-2012 Intel Guru Jonnywg just a quick note...just talked with a sr bank official and he stated that all is positioned..."we have been here before but it looks good" here is hoping that we see changes soon.
6-6-2012 Newshound Guru Mike to get an idea and picture of what is going on over there, one guy is afraid of putting his $6000 USD in the bank – afraid it is going to disappear – He has saved it for 14 years of his life – Think about that and put it in perspective – become a person who is in Iraq and put yourself in their foot steps...you’ve never had any stability in anything that has gone on over there...now you are expected to go into the banking system and have stability now...slow but sure..baby steps...its working – they are working the plan and they are moving forward – great stuff. ["continued in post 5...stay tuned"]
6-6-2012 Intel Guru Jonnywg Tonight brings us to the edge again, lots of promise but no results…We are in the right spot and I personally hope that either the IQD or VND goes live tonight/tomorrow. We have talked to people involved in the situation, UST/Chinese/WELLS FARGO/BIS/IRAQ/...they all appear ready and it appears Okie will make an announcement tonight. The LATE BREAKING NEWS is -- expect something soon.
6-6-2012 Newshound/Intel Guru BGG They haven’t failed to form the government because they couldn’t, they just didn’t want to. Simple. There is always a slim chance they reach a deal whereby Maliki FINALLY lives up to his agreement. I doubt it – but it could happen. The more probable outcome is that they keep moving forward through the Biden visit and once they hear him out they do whatever they were going to do anyway.
6-6-2012 Intel Guru Okie_Oil_Man I AM STILL UNDER A GAG ORDER--HOPEFULLY NOT FOR LONG. I AM UNDER A N.D.A. PRESENTLY THAT I AM HOPING TO BE LIFTED VERY SOON...AND YOU IF YOU KNEW WHAT I WAS INFORMED WOULD BE VERY COMFORTABLE WITH WHERE WE ARE PRESENTLY--I AM VERY SATISIFIED AND THAT SHOULD SAY A LOT. WHEN I AM AUTHORIZED--I WILL MAKE THE CALL---YEAH!!! AT THE TIME OF THE OFFICIAL RELEASE--I WILL POST THE OFFICIAL POST...I HAVE BEEN GIVEN THE HONOR OF MAKING THE FINAL POST.
6-6-2012 Newshound Guru Doc We were really hoping the Maliki issue would have been resolved before the UNSC meeting on June 15 so we will be watching this very closely. All-in-all we still see a path for chapter 7, Ebril and the GOI issues to all be a thing of the past by late June to early July. The big if here is that resolution needs to happen around the time Parliament reconvenes. This all can still be misinformation since there are still many conflicting reports. We report, you decide.
6-6-2012 Newshound Guru SWFloridaGuy I don't go week to week looking for this. It's a long term investment. If they announce Erbil, Ministers and Strategic Council after this PM situation is resolved then I'd say we can start watching the CBI. I'm glad their hand is finally being forced one way or the other to get this done.
6-6-2012 Newshound Guru Mike The Central Bank is really trying to cut out all of the other misc. funds going out of the country so they can keep track of their hard currency to make sure the dollars go where the dollars need to go and the dinars go where the dinars need to go – it helps them to account for all the money in the system and all the things they need to pay off when they RV...VERY GOOD NEWS. The CBI is ready – they are working their plan. ["continued in post 4...stay tuned"]
6-6-2012 Newshound Guru Vic1 Chapter 7 has absolutely...NOTHING TO DO with CBI...Not being able to RV!!! THE CBI can RV...whenever they feel like it ...was the whole point! POLITICAL STABILITY...is The OBVIOUS REASON...WHY SHAB'S has waited!!! the minsters...get publicly announced!!! Shab's is good to go!!!
6-6-2012 Newshound Guru Adam Montana I have to report that there is not much to report... Maliki has not been forced out, nor has he done what the people want him to do. Shabibi is still mysteriously silent and unmentioned in most of the news agencies... this continues to pique my interest, because for many years Shabibi was the subject of much attention also, Chapter 7 and the HCL have still not been resolved, nor has the Erbil agreement. ["continued in post 2...stay tuned"]
6-6-2012 Newshound/Intel Guru BGG Sadr not caving to pressure by Iran shows the characters in the Iraqi government are serious about fighting for their autonomy. There are some significant outside influences – however, it appears they are doing as they see best for Iraq. This is great for us!! There are plenty of votes and sentiment to remove Maliki – they are just putting the final touches on what the GOI will be after Maliki is removed. The argument the NA is making is that they haven’t fully formed the GOI and removing confidence will result in “starting all over” with the current regime being a “caretaker” government for a very long time – However, the very fact that they haven’t lived up to their end of the deal and fully formed the government is the reason Maliki is getting removed. ["continued in post 2...stay tuned"]
6-6-2012 Newshound Guru Doc It appears there will be no emergency session of Parliament to vote on the no confidence issue. Dani said in a statement to the Euphrates News Agency yesterday that "there is no emergency session limit travel due to the moment the majority of the House and the leaders of the blocks out of Iraq." We were hopeful that there would be a special session to speed things up and put more pressure on Maliki. However, Parliament will reconvene on June 14 which is just 8 days away. ["continued in post 3...stay tuned"]
6-6-2012 Newshound Guru SWFloridaGuy There is really only one more possibility, one that has always been the best solution for us and addresses the primary issue we consider relevant to the RV. If by some fortuitous miracle, while during intense last minute negotiations, Maliki finally caves. This would simply require implementing what was formerly agreed upon, it does not entail giving carte blanche to his opposition. Power sharing would strengthen his opposition but Maliki would save his political career and we would see public announcements of Erbil implementation, permanent Ministers and the Strategic Council. Then we could focus on Shabibi, his Central Bank and their currency reform project. As usual, we have no control so we hope for the best. ["continued in post 4...stay tuned"]
6-6-2012 Newshound Guru Mike Its nice to see the Finance Committee jumping on board. These are the people that work closely with the Central Bank – have had heavy criticism over the last couple of weeks and they have been bickering but now it seems they are all on the same page. Again with everything going on they are still making great strides and doing what they need to do. If you look at the Future Project of Iraq they talk about developing the Banking Systems – this almost reads like a page out of the final chapter -you are watching it page by page being done – great great strides. ["continued in post 3...stay tuned"]
6-6-2012 Intel Guru Hammerman ON ALERT STILL...WE DO NOT KNOW IF THEY WENT TO VOTE OR IF THEY ANNOUNCED THEIR GOING TO VOTE OR IT COULD BE JUST ANNOUNCING NEW CANIDATES FOR AFTER VOTE. WE ARE LOOKING INTO IT BUT IT IS ON IRAQ TV. JUST GOT SOME UNCONFIRMED INFO ON THE DONG. COULD RV ON THE 7TH JUST SPOKE WITH 3 BANKERS SAYING POSSIBLY TONIGHT ON THE DONG. ALL WE CAN DO IS HOPE.
6-6-2012 Newshound/Intel Guru BGG Word is that Maliki has pretty much agreed to execute the entire original agreement and back off the “politics of intimidation”. This is good news (quicker for us)…now, the bad news. Maliki has never actually “made good” on any one of his agreements – EVER. So any sane person would have to continue on with the proceedings while Maliki does what he says he will. It appears this is being done to ensure he’s not just pulling more stall tactics. On the other hand, this could be just a rumor or the deal could easily “die on the table” – like so many others.
6-6-2012 Intel Guru DinarWishes Lots of information is being said and put out and what it has still proved is nobody has the exact timing of this thing...It looks as though things are heating up... I feel things are looking very favorable for this to be over Very soon.
6-6-2012 Newshound Guru Doc Will he or will he (Maliki) not be removed from office? Whatever the answer is we firmly believe the process is in motion. It was reported yesterday that "The presidency announced, on Monday, for receipt of Talabani signatures of members of the House of Representatives to withdraw confidence from the Prime Minister Nuri al-Maliki, directed the formation of an Audit Committee that the messages and signatures and counting to avoid any challenges or doubts in the validity and to ensure the safety of the constitutional process in the country." What we really like about this is Talabani appears to be sending a message to Maliki that he is not going to play the fake signature allegation game and that the process will be air tight so don't think about challenging it. Reports continue to suggest there are at least 173 valid signatures. Our opinion is the only way Maliki will survive is to relent on the 9 points of Ebril. As we have stated in the past either way we win.
6-6-2012 Newshound Guru SWFloridaGuy Maliki's opposition will not condone further procrastination. There are a large number of Kurds, Iraqiyya and Sadrists who don't appear willing to budge on their demands. We know Talabani has had the power all along to do this, which tells us either he is still exploring his options, they still haven't decided on a suitable replacement for Maliki, politicians are using this leverage to their benefit (bribes, power plays etc), or they are just withholding sensitive information from the media until there is a formal announcement, which is exactly how it should be. ["continued in post 3...stay tuned"]
6-6-2012 Newshound Guru Mike Letters of Credit a Great Tool for Shabibi to use...For Emerging Countries it is a Wonderful Tool & Great Vehicle to use to Stabilize your currency and to keep large amounts of currencies from not running out – actually using your banks and getting them healthy. That has been the one thing CBI has done that has drawn praise from everybody – I think it was the ace in the hand for Shabibi to really stabilize his economy and move it one step closer to getting the banks activated. ["continued in post 2...stay tuned"]
6-6-2012 Newshound/Intel Guru BGG Talibani taking the time to “examine” the signatures is just him being as “even handed” as possible. Maliki called for an inquiry but everyone knows it was just a stall tactic. Talibani will be diligent and move ahead when he is sure of success. Big meeting late last nite to put “final touches” on the proceedings. I would guess we’ll hear more about their direction today and tomorrow. ["continued in post 3...stay tuned"]
6-6-2012 Newshound Guru SWFloridaGuy During the last couple weeks we've witnessed a lot of stall tactics (threats, letters, signatures, meetings, demands ultimatums etc). The latest is Talabani forming a committee to deal with the authenticity of the signatures. This is not an obligatory measure and that tells me there are still some kinks to be worked out. This is Talabani's decision, whether they have the signatures or not is meaningless, other than to forecast how a potential vote may go. Currently we are unsure if a petition has yet to reach Speaker Nujayfi. There are too many conflicting reports from innominate authors for us to be sure of anything at this point, other than it certainly cannot remain unresolved much longer. ["continued in post 2...stay tuned"]
6-6-2012 Intel Guru BWM news was fast and furious today...(not the sequel) and everything that I heard was good...the news was very positive toward this coming to an end...hard to imagine us being any closer than what I had heard til this point but from the contacts info came from today...well it surprised even me. I don't give you an exact date, time or rate... I will typically tell you if there is NOT a chance IMO of it occurring at particular points... I don't have any of those dates in the next few days.
6-5-2012 Newshound/Intel Guru BGG They have gathered all required signatures, given them to the POR -who is, in turn, in the process of getting the book ready for Najafi to call an emergency session sometime in the immediate future. I have seen several different versions of this event, he’s sent it, he hasn’t sent it, he will be sending it…no one know for sure. What is certain, something is happening soon if it hasn’t already. ["continued in post 2...stay tuned"]
6-5-2012 Intel Guru Blaino AS I WRITE THIS WE ARE SEEING SOMETHING HAPPENING IN IRAQ! 176 SIGNATURES WERE COLLECTED AND THE LAST REPORTS PUT THAT NUMBER AT 200+ TO VOTE "NO CONFIDENCE" ON al Maliki AND HIS MERRY BAND OF DELAYERS AND THIEVES! 163 SIGNATURES ARE ALL THAT IS NEEDED TO END THE MADNESS AND GET SOMEONE NEW IN THE SADDLE THAT MIGHT DO THE RIGHT THING!
6-5-2012 Newshound Guru Phoenix3333 "Congress state law claim to host Maliki in an extraordinary session of Parliament. The political blocs to hold a special meeting of the House of Representatives to view the opinion on the current crisis". They believe that this meeting will inform the Iraqi people to the real reasons behind the current crisis. Sadr called for Maliki to resign "for the people and partners," and for the National Alliance to consult with its components for the selection of an alternative to Maliki and not to waste time."
6-5-2012 Intel Guru TerryK got some goooooodddd juice...but please treat this as a big rumor...A friend of mine- his buddy who holds 75 million dinar was called today from his banking buddy I can’t tell you what bank, but it’s one of the big boys. He was told to get his things in order and come see him tomorrow at 3pm est. Now i said est for a reasons that could be 2 central or 11 hawaii time.
6-5-2012 Newshound/Intel Guru BGG I was a little concerned with the upcoming Biden visit - then recent snub of Maliki by Ambassador Jeffries and the info coming out about Bidens real "mission" signals a clear shift in policy and gives me great hope for the near future of this investment. It was looking a little bleak for a bit there...Things are looking up though...and the US has an enormous amount of sway internationally - will he comply?? Who knows?? I think once they have a clear cut MO on the signature thing and a replacement everyone agrees on - we'll see the vote. Not until.
6-5-2012 Inte/Newshound Guru Poppy3 What did Maliki do??? Did he resign ?? Did he agree to implement all Erbil agreements and activate immediately, or did they vote his dictatorship rear out of office?? Yes i know about the ticker at fox but when it come to Iraq they have been wrong before hold on till solid confirmation and positive movement...hang on and in about 18 more hours much will be confirmed and we will know many more facts. Glory this is getting exciting.
6-5-2012 Newshound Guru Mailman17 CBI NEWS IS GREAT...AND ALSO REMEMBER A FORMED GOVT IS NOT A PRE REQUIISITE TO THE CHAP 7 RELEASE BUT I DONT THINK IRAQ WILL GO INTO IT WITHOUT ONE. THEY NEED A CLEAN SLATE ACROSS THE BOARD AND I THINK THEY WILL HAVE IT COME THE 15TH. I THINK WE ARE LOOKING...REAL GOOD.
6-5-2012 Intel Guru Bulldog75 Inside Iraq has nothing to do with RV...Details are not important. Avoid hype and know this RV is inevitable. The I Q D and Dong are strong. It will come with the blink and wink of an eye: & same basket : dong and dinar.
6-5-2012 Newshound Guru Breitling The CBI has a plan...a report came out and some people didn't pay attention to it. The General Inspector said that we are going to revalue for just under a buck. They let the cat out of the bag. In September they are going to print the money and in January supposedly put the new currency out & start redenominating at a 1 - 1 exchange, but I'm not betting on a time frame.
6-5-2012 Newshound Guru Mailman17 THE ONLY THINGS WE WAIT FOR AS FAR AS THE UN IS CONCERNED REGARDING 7 IS KUWAIT, DEBT AND HCL. AS FAR AS WE KNOW KUWAITS DONE AND HCL SHOULD BE A BREEZE ONCE THEY RECONVENE, ESPECIALLY WITH MALIKI OUT OF THE WAY...IMO...WE ARE STILL ON TRACK. ["continued in post 3...stay tuned"]
6-5-2012 Intel Guru BWM I have been told the vnd is expected to go by a date (like deadlines mean anything these days) and the hope is that the iqd will go at the same time...this would allow the full plan of currencies to reach the full potential market impact that is expected...if they don't go together, the expected result would be a secondary RV (at some later date) to realign to the expected amounts.
6-5-2012 Intel Guru Jonnywg We have news that Iraq and Maliki have nothing to do with it except the press release version...the real power in Iraq is the Shadow cabinet lead by Allawi/Talibani/Sadr. Also LATE BREAKING NEWS IS that the VND has been pulled off the bank screens this AM for Revaluation...THERE HAS BEEN NO ANNOUNCEMENT THAT THE VND WILL GO SEPARATE...It appears we are closer yet.
6-5-2012 Intel Guru Hammerman The only holdup is the GOI, Erbil needs to be done. Forget about China, not a factor from this point. There is a 50/50 chance Maliki is in or out. They did unofficially get rid of him & then reinstated him because it was not done by the constitution. IMO, he will probably seat the government & then just walk away, resign. There won't be a civil war, not going to happen. If Maliki does not go to vote, we are looking at 1 day to 12-15 days for a revalue to occur. If they vote Maliki out, we are probably looking at mid July. The CBI is 100% done, ready.
6-5-2012 Intel Guru Delta No confidence against Maliki – not all news is true. Some true, most is not. Iraqi list is trying but they have nothing to take confidence from Maliki. This month looking very solid for us...looking like last steps being taken care of. Very important month – June.
6-5-2012 Intel Guru Frank26 The people like Maliki. GOI almost fully cleaned and back in sync soon...we are progressing. This has all been some kind of propaganda and delays for some reason. Next week or two will find out signatures were forged and taken to Supreme Court. Pay attention to the CBI! IMF on the 7th. Very important meeting. 15th we might see Chapter 7 lifted...they are running out of time!
6-5-2012 Newshound Guru Mailman17 WE KNOW THE PLAN, THE FAB 5 KNOWS THE PLAN, THE UN AND US KNOW THE PLAN. APPARENTLY THE ONLY ONE LEFT OUT OF THE PLAN IS MALIKI. LOOK FOR AN EMERGENCY MEETING AT ANY TIME, WHICH WOULD COINCIDE...WITH THEM COMING BACK THE 6TH. THEY HAVE TO THE 15TH...IMO...TO GET MALIKI OUT, NAME THE NEW PM, FORM THE NEW CABINET AND IMPLEMENT ERBIL. ["continued in post 2...stay tuned"]
6-4-2012 Intel Guru Ray Saleh was on TV many times telling the people that the dinar was going to be the strongest currency in the region and that the people would be very happy when the new dinar comes out. He also told the people that all the market prices for goods in the country would be adjusted down to reflect the new value of the dinar. This is the first time I have heard this said openly by a public official. Saleh also said again that the rate would be greater than the 1978 rate. It was $3.22 in 1978. Hopefully this bit of news encourages everyone and know that they are preparing for a Sept 1 RV.
6-4-2012 Newshound Guru SWFloridaGuy June is a HUGE month for Iraq. Every single salient issue that's necessary for Iraq moving forward politically and economically is being addressed this month. The potential for June subsumes Chapter VII, Erbil, HCL, permanent Ministers, announcement of the Strategic Council, the fate of the Prime Minister, tariffs by the end of the month and maybe, just maybe... our precious RV. I doubt Iraq's economy will remain stagnant too much longer. Only time will tell.
6-4-2012 Newshound Guru Bondlady so we know the WTO meeting is when?? june 7th? and we know the un meeting is when? june 15th? so this month is huge...we will know 1 way or another shortly...by the 8th if not sooner per the wto...and then again we should know by the 16th if not sooner if iraq made the grade an deserves to come out of ch 7...if they put as much effort into iraq and the heart of it all as they did in procrastinating and fighting and greed and power iraq would have been unstopable and they still will be but only a ta turtle pace while the rest of the world runs circles around them.
6-4-2012 Intel Guru Footforward THERE IS NO INTEL . NOTHING. NADDA. NOT A SINGLE BIT OF NEWS TODAY OTHER THEN THE MARKETS GOING DOWN. BUT THATS A GOOD THING FOR US. I KNOW EVERYTHING IS OK. THATS NOT AN OPINION...THIS IS GOING TO HAPPEN AND IT WILL BE WORTH THE WAIT.
6-4-2012 Newshound Guru Mike "Iraq's right to equality peg to the dollar as it is now open economically to the world and can not be isolated again from the incubator International"...That is a huge statement......stating "pegged to the American dollar" and thats what they are working to stablize and they are moving forward. The idea that they are the strongest bonds...you don't buy sovereign debt unless you think the countrys is going to succeed - It is not something you speculate on - for the most part to be the strongest sovereign debt out there you have to have a good economic forecast - good GDP growth - - production in value - AND you are going to have to have value in your currency at some point in time - so everyone is seeing that and wanting to get a piece of that and make money off of that debt because they get interest on the debt....absolutely awesome.
6-4-2012 Newshound/Intel Guru BGG One way or the other, this unity of opposition is going to bring about change. This also highlights the two tracks Talibani seems to be on. On the one hand he has wanted a National Conference Meeting by mid-June for quite a while, on the other hand they are moving rapidly to gather the required signatures to "withdraw confidence" from Maliki in the event it is needed. I've been saying all along nobody wants to dismantle the whole government (they just want Maliki's @xx on a stick) !!
6-4-2012 Intel Guru Hammerman WE SHOULD HAVE ALL INFO ON MALIKI AN GOI BY LATE TOMORROW...HERES THE SCOOP...IF HE PLAYS NICE AN STAYS WE RV BETWEEN THE 5TH AN 16TH...IF HE IS VOTED OUT WE RV IN MID JULY, IS WHAT IM BEING TOLD.
5-4-2012 Intel/Newshound Guru Poppy3 I expect to see this no vote any day as they have tried twice already and logistic's has held it up but they keep trying. i said...that my source in bagdad said they thought if they removed him [Maliki] on sunday as scheduled, we could see the rv this wed., thur...well they didnt and we won't. ["continued in post 2...stay tuned"]
6-4-2012 Intel Guru Ray my main Iraqi contact... said the political situation in Iraq is very confusing at the moment. No one knows for sure who is at fault, they just want the government settled and completed so the needs of the people will start being taken care of. He was able to talk to several bank employees while he was there at various banks. He was told consistently by them that they are gearing up for a September 1 RV...Some said it may happen sooner. ["continued in post 2...stay tuned"]
6-4-2012 Newshound Guru SWFloridaGuy I think it's interesting the US is pushing for the HCL now. The last couple months we've witnessed an accelerated push to gain a consensus and resolve the differences that existed between the Parliamentary groups regarding the HCL law, after the Security Council made some modifications. Now the US ambassador is advising Iraq on the benefits and importance, on an economic level, the Oil & Gas law will have to the Iraqis. The aim of this law to achieve the highest benefit to the Iraqi people and ensure a partnership between the federal government and producing provinces to produce the highest level of growth in reserves and production. This is showing that Iraq has improved synergism between the federal and state authorities. This operation in Iraq requires the latest technologies and coordination between the Iraqi oil sector and the global oil industry. ["continued in post 2...stay tuned"]
6-4-2012 Newshound Guru Mike Don't get confused about the dates - there are stages to this whole process - some time before or during this process they are going to RV their currency...they are looking to stabilize it and get the exchange rate down to a point where it will make it easy for them to do the things they need to do...all the positive things that have happened with this currency over the last week and a half are...things that were needed in order to keep the currency stable...they know exactly where they are.
6-4-2012 Newshound/Intel Guru BGG The back and forth will be MAGNIFICENT here towards the end. Maliki tried to get Jeffries to put the US support fully behind him. Jeffries told him the US was willing to sacrifice ANYONE for the sake of democracy. This might well be the best news of the last 30 days. If there was a time when the US was "hedging" on the side of Maliki – this phase is OVER!! Via con dios AMIGO!! ["continued in post 2...stay tuned"]
6-4-2012 Intel Guru Hammerman i am about 90% certain there is no hold up any where in the world on the rv of the iqd...none other the the full GOI...imo, after my talk with 3 big power players yesterday, i truley belive it is just iraq to set goi and impement of erbil.
6-4-2012 Newshound/Intel Guru BGG These Knot Heads!! Do they really believe people can’t see thru these “politically motivated lies”?? The plot to keep Maliki in power is a “regional scheme” – the political parties “within Iraq” want him gone. They’ve had it with dictators – Iran, the US and Syria are all “hot and bothered” to keep Maliki in power!!
6-4-2012 Newshound Guru Med THEY DONT HAVE TO POSTPONE BECAUSE BIDEN IS COMING AND...SADR WILL NOT MEET WITH BIDEN. NOW BARZANI WILL AND A CHANCE ALLAWI WOULD, BUT UNLESS THERE IS A CONSENSUS FROM ALL INVOLVED TO WORK THINGS OUT WHICH ONLY BENEFITS MALIKI.
6-4-2012 Newshound Guru Mike The CBI is very consistent with the message they have - WE ARE ON COURSE...WE ARE DOING WHAT WE NEED TO DO...AND WE ARE READY AT A MOMENTS NOTICE TO DO IT. We know they are ready.
6-4-2012 Newshound/Intel Guru BGG I find it interesting the timing of this [Biden] visit – it almost seems a little late if they intend to “prop up” their man (Biden brokered the original Erbil deal). They have been hedging their bets – maybe they intend to be the first one “to the punch” with the new regime? It does, however, concern me with “secret meetings” between Jeffries and Maliki over the return of Daqduk (the terrorist). I sure hope these guys aren’t cooking up some “long term sell-out”.
6-4-2012 Newshound Guru Med I JUST READ 3 ARTICLES...ALL OF THEM CONFIRMING THAT THEY WILL BE SUBMITTING FOR THE VOTE OF NO CONFIDENCE, LIKE NOW. THEY WERE TO OFFER MALIKI BASICALLY IMMUNITY JUST LEAVE IS ALL THEY WANT. NOW THERE ARE 3 ARTICLES RIGHT NOW THAT ALL MENTION MALIKI RESIGNING BEFORE THE VOTE...IF HE RESIGNS THEN I THINK THEY HAVE WEATHERED THE STORM. IF HE IS NOT GOING TO RESIGN HE WILL MOST LIKELY BE PROSECUTED. ["continued in post 2...stay tuned"]
6-4-2012 Newshound Guru Kaperoni there will be no WTO for Iraq until they get the currency more in line with the USD and accept the conditions of Article VIII of the IMF Guidelines. The good news is that we don’t have to concern ourselves with WTO as the currency reform will come prior. These are big hurdles for the CBI, but clearly in recent days, we can now see there significance of why Dr. Shabibi wants to move forward now...the CBI is ready...they are fully aware of the dangers of waiting on this project...we see the crossroads Iraq is at...The significance of the currency reform and the reason for the aggressive time frame. We are very close.
6-4-2012 Newshound/Intel Guru BGG my opinion – no one really wants to remove Maliki – they want a democratic solution. However, it appears they will remove him if he forces them. Which is a very real possibility. He hasn’t shown signs of caving thus far.
6-4-2012 Newshound Guru Bondlady we are still good to go per the taxes, which takes us to the need to raise the value of there money. We see the tarriff taxes laws was amended and dated and published in the gazette an passed into law. As of 6/30/12, no turning back now. We're finally gonna see these taxes take place! We know the WTO meeting June 7th, we know the UN meeting June 15th,this month is huge!!!!!
6-6-2012 Intel Guru Jonnywg just a quick note...just talked with a sr bank official and he stated that all is positioned..."we have been here before but it looks good" here is hoping that we see changes soon.
6-6-2012 Newshound Guru Mike to get an idea and picture of what is going on over there, one guy is afraid of putting his $6000 USD in the bank – afraid it is going to disappear – He has saved it for 14 years of his life – Think about that and put it in perspective – become a person who is in Iraq and put yourself in their foot steps...you’ve never had any stability in anything that has gone on over there...now you are expected to go into the banking system and have stability now...slow but sure..baby steps...its working – they are working the plan and they are moving forward – great stuff. ["continued in post 5...stay tuned"]
6-6-2012 Intel Guru Jonnywg Tonight brings us to the edge again, lots of promise but no results…We are in the right spot and I personally hope that either the IQD or VND goes live tonight/tomorrow. We have talked to people involved in the situation, UST/Chinese/WELLS FARGO/BIS/IRAQ/...they all appear ready and it appears Okie will make an announcement tonight. The LATE BREAKING NEWS is -- expect something soon.
6-6-2012 Newshound/Intel Guru BGG They haven’t failed to form the government because they couldn’t, they just didn’t want to. Simple. There is always a slim chance they reach a deal whereby Maliki FINALLY lives up to his agreement. I doubt it – but it could happen. The more probable outcome is that they keep moving forward through the Biden visit and once they hear him out they do whatever they were going to do anyway.
6-6-2012 Intel Guru Okie_Oil_Man I AM STILL UNDER A GAG ORDER--HOPEFULLY NOT FOR LONG. I AM UNDER A N.D.A. PRESENTLY THAT I AM HOPING TO BE LIFTED VERY SOON...AND YOU IF YOU KNEW WHAT I WAS INFORMED WOULD BE VERY COMFORTABLE WITH WHERE WE ARE PRESENTLY--I AM VERY SATISIFIED AND THAT SHOULD SAY A LOT. WHEN I AM AUTHORIZED--I WILL MAKE THE CALL---YEAH!!! AT THE TIME OF THE OFFICIAL RELEASE--I WILL POST THE OFFICIAL POST...I HAVE BEEN GIVEN THE HONOR OF MAKING THE FINAL POST.
6-6-2012 Newshound Guru Doc We were really hoping the Maliki issue would have been resolved before the UNSC meeting on June 15 so we will be watching this very closely. All-in-all we still see a path for chapter 7, Ebril and the GOI issues to all be a thing of the past by late June to early July. The big if here is that resolution needs to happen around the time Parliament reconvenes. This all can still be misinformation since there are still many conflicting reports. We report, you decide.
6-6-2012 Newshound Guru SWFloridaGuy I don't go week to week looking for this. It's a long term investment. If they announce Erbil, Ministers and Strategic Council after this PM situation is resolved then I'd say we can start watching the CBI. I'm glad their hand is finally being forced one way or the other to get this done.
6-6-2012 Newshound Guru Mike The Central Bank is really trying to cut out all of the other misc. funds going out of the country so they can keep track of their hard currency to make sure the dollars go where the dollars need to go and the dinars go where the dinars need to go – it helps them to account for all the money in the system and all the things they need to pay off when they RV...VERY GOOD NEWS. The CBI is ready – they are working their plan. ["continued in post 4...stay tuned"]
6-6-2012 Newshound Guru Vic1 Chapter 7 has absolutely...NOTHING TO DO with CBI...Not being able to RV!!! THE CBI can RV...whenever they feel like it ...was the whole point! POLITICAL STABILITY...is The OBVIOUS REASON...WHY SHAB'S has waited!!! the minsters...get publicly announced!!! Shab's is good to go!!!
6-6-2012 Newshound Guru Adam Montana I have to report that there is not much to report... Maliki has not been forced out, nor has he done what the people want him to do. Shabibi is still mysteriously silent and unmentioned in most of the news agencies... this continues to pique my interest, because for many years Shabibi was the subject of much attention also, Chapter 7 and the HCL have still not been resolved, nor has the Erbil agreement. ["continued in post 2...stay tuned"]
6-6-2012 Newshound/Intel Guru BGG Sadr not caving to pressure by Iran shows the characters in the Iraqi government are serious about fighting for their autonomy. There are some significant outside influences – however, it appears they are doing as they see best for Iraq. This is great for us!! There are plenty of votes and sentiment to remove Maliki – they are just putting the final touches on what the GOI will be after Maliki is removed. The argument the NA is making is that they haven’t fully formed the GOI and removing confidence will result in “starting all over” with the current regime being a “caretaker” government for a very long time – However, the very fact that they haven’t lived up to their end of the deal and fully formed the government is the reason Maliki is getting removed. ["continued in post 2...stay tuned"]
6-6-2012 Newshound Guru Doc It appears there will be no emergency session of Parliament to vote on the no confidence issue. Dani said in a statement to the Euphrates News Agency yesterday that "there is no emergency session limit travel due to the moment the majority of the House and the leaders of the blocks out of Iraq." We were hopeful that there would be a special session to speed things up and put more pressure on Maliki. However, Parliament will reconvene on June 14 which is just 8 days away. ["continued in post 3...stay tuned"]
6-6-2012 Newshound Guru SWFloridaGuy There is really only one more possibility, one that has always been the best solution for us and addresses the primary issue we consider relevant to the RV. If by some fortuitous miracle, while during intense last minute negotiations, Maliki finally caves. This would simply require implementing what was formerly agreed upon, it does not entail giving carte blanche to his opposition. Power sharing would strengthen his opposition but Maliki would save his political career and we would see public announcements of Erbil implementation, permanent Ministers and the Strategic Council. Then we could focus on Shabibi, his Central Bank and their currency reform project. As usual, we have no control so we hope for the best. ["continued in post 4...stay tuned"]
6-6-2012 Newshound Guru Mike Its nice to see the Finance Committee jumping on board. These are the people that work closely with the Central Bank – have had heavy criticism over the last couple of weeks and they have been bickering but now it seems they are all on the same page. Again with everything going on they are still making great strides and doing what they need to do. If you look at the Future Project of Iraq they talk about developing the Banking Systems – this almost reads like a page out of the final chapter -you are watching it page by page being done – great great strides. ["continued in post 3...stay tuned"]
6-6-2012 Intel Guru Hammerman ON ALERT STILL...WE DO NOT KNOW IF THEY WENT TO VOTE OR IF THEY ANNOUNCED THEIR GOING TO VOTE OR IT COULD BE JUST ANNOUNCING NEW CANIDATES FOR AFTER VOTE. WE ARE LOOKING INTO IT BUT IT IS ON IRAQ TV. JUST GOT SOME UNCONFIRMED INFO ON THE DONG. COULD RV ON THE 7TH JUST SPOKE WITH 3 BANKERS SAYING POSSIBLY TONIGHT ON THE DONG. ALL WE CAN DO IS HOPE.
6-6-2012 Newshound/Intel Guru BGG Word is that Maliki has pretty much agreed to execute the entire original agreement and back off the “politics of intimidation”. This is good news (quicker for us)…now, the bad news. Maliki has never actually “made good” on any one of his agreements – EVER. So any sane person would have to continue on with the proceedings while Maliki does what he says he will. It appears this is being done to ensure he’s not just pulling more stall tactics. On the other hand, this could be just a rumor or the deal could easily “die on the table” – like so many others.
6-6-2012 Intel Guru DinarWishes Lots of information is being said and put out and what it has still proved is nobody has the exact timing of this thing...It looks as though things are heating up... I feel things are looking very favorable for this to be over Very soon.
6-6-2012 Newshound Guru Doc Will he or will he (Maliki) not be removed from office? Whatever the answer is we firmly believe the process is in motion. It was reported yesterday that "The presidency announced, on Monday, for receipt of Talabani signatures of members of the House of Representatives to withdraw confidence from the Prime Minister Nuri al-Maliki, directed the formation of an Audit Committee that the messages and signatures and counting to avoid any challenges or doubts in the validity and to ensure the safety of the constitutional process in the country." What we really like about this is Talabani appears to be sending a message to Maliki that he is not going to play the fake signature allegation game and that the process will be air tight so don't think about challenging it. Reports continue to suggest there are at least 173 valid signatures. Our opinion is the only way Maliki will survive is to relent on the 9 points of Ebril. As we have stated in the past either way we win.
6-6-2012 Newshound Guru SWFloridaGuy Maliki's opposition will not condone further procrastination. There are a large number of Kurds, Iraqiyya and Sadrists who don't appear willing to budge on their demands. We know Talabani has had the power all along to do this, which tells us either he is still exploring his options, they still haven't decided on a suitable replacement for Maliki, politicians are using this leverage to their benefit (bribes, power plays etc), or they are just withholding sensitive information from the media until there is a formal announcement, which is exactly how it should be. ["continued in post 3...stay tuned"]
6-6-2012 Newshound Guru Mike Letters of Credit a Great Tool for Shabibi to use...For Emerging Countries it is a Wonderful Tool & Great Vehicle to use to Stabilize your currency and to keep large amounts of currencies from not running out – actually using your banks and getting them healthy. That has been the one thing CBI has done that has drawn praise from everybody – I think it was the ace in the hand for Shabibi to really stabilize his economy and move it one step closer to getting the banks activated. ["continued in post 2...stay tuned"]
6-6-2012 Newshound/Intel Guru BGG Talibani taking the time to “examine” the signatures is just him being as “even handed” as possible. Maliki called for an inquiry but everyone knows it was just a stall tactic. Talibani will be diligent and move ahead when he is sure of success. Big meeting late last nite to put “final touches” on the proceedings. I would guess we’ll hear more about their direction today and tomorrow. ["continued in post 3...stay tuned"]
6-6-2012 Newshound Guru SWFloridaGuy During the last couple weeks we've witnessed a lot of stall tactics (threats, letters, signatures, meetings, demands ultimatums etc). The latest is Talabani forming a committee to deal with the authenticity of the signatures. This is not an obligatory measure and that tells me there are still some kinks to be worked out. This is Talabani's decision, whether they have the signatures or not is meaningless, other than to forecast how a potential vote may go. Currently we are unsure if a petition has yet to reach Speaker Nujayfi. There are too many conflicting reports from innominate authors for us to be sure of anything at this point, other than it certainly cannot remain unresolved much longer. ["continued in post 2...stay tuned"]
6-6-2012 Intel Guru BWM news was fast and furious today...(not the sequel) and everything that I heard was good...the news was very positive toward this coming to an end...hard to imagine us being any closer than what I had heard til this point but from the contacts info came from today...well it surprised even me. I don't give you an exact date, time or rate... I will typically tell you if there is NOT a chance IMO of it occurring at particular points... I don't have any of those dates in the next few days.
6-5-2012 Newshound/Intel Guru BGG They have gathered all required signatures, given them to the POR -who is, in turn, in the process of getting the book ready for Najafi to call an emergency session sometime in the immediate future. I have seen several different versions of this event, he’s sent it, he hasn’t sent it, he will be sending it…no one know for sure. What is certain, something is happening soon if it hasn’t already. ["continued in post 2...stay tuned"]
6-5-2012 Intel Guru Blaino AS I WRITE THIS WE ARE SEEING SOMETHING HAPPENING IN IRAQ! 176 SIGNATURES WERE COLLECTED AND THE LAST REPORTS PUT THAT NUMBER AT 200+ TO VOTE "NO CONFIDENCE" ON al Maliki AND HIS MERRY BAND OF DELAYERS AND THIEVES! 163 SIGNATURES ARE ALL THAT IS NEEDED TO END THE MADNESS AND GET SOMEONE NEW IN THE SADDLE THAT MIGHT DO THE RIGHT THING!
6-5-2012 Newshound Guru Phoenix3333 "Congress state law claim to host Maliki in an extraordinary session of Parliament. The political blocs to hold a special meeting of the House of Representatives to view the opinion on the current crisis". They believe that this meeting will inform the Iraqi people to the real reasons behind the current crisis. Sadr called for Maliki to resign "for the people and partners," and for the National Alliance to consult with its components for the selection of an alternative to Maliki and not to waste time."
6-5-2012 Intel Guru TerryK got some goooooodddd juice...but please treat this as a big rumor...A friend of mine- his buddy who holds 75 million dinar was called today from his banking buddy I can’t tell you what bank, but it’s one of the big boys. He was told to get his things in order and come see him tomorrow at 3pm est. Now i said est for a reasons that could be 2 central or 11 hawaii time.
6-5-2012 Newshound/Intel Guru BGG I was a little concerned with the upcoming Biden visit - then recent snub of Maliki by Ambassador Jeffries and the info coming out about Bidens real "mission" signals a clear shift in policy and gives me great hope for the near future of this investment. It was looking a little bleak for a bit there...Things are looking up though...and the US has an enormous amount of sway internationally - will he comply?? Who knows?? I think once they have a clear cut MO on the signature thing and a replacement everyone agrees on - we'll see the vote. Not until.
6-5-2012 Inte/Newshound Guru Poppy3 What did Maliki do??? Did he resign ?? Did he agree to implement all Erbil agreements and activate immediately, or did they vote his dictatorship rear out of office?? Yes i know about the ticker at fox but when it come to Iraq they have been wrong before hold on till solid confirmation and positive movement...hang on and in about 18 more hours much will be confirmed and we will know many more facts. Glory this is getting exciting.
6-5-2012 Newshound Guru Mailman17 CBI NEWS IS GREAT...AND ALSO REMEMBER A FORMED GOVT IS NOT A PRE REQUIISITE TO THE CHAP 7 RELEASE BUT I DONT THINK IRAQ WILL GO INTO IT WITHOUT ONE. THEY NEED A CLEAN SLATE ACROSS THE BOARD AND I THINK THEY WILL HAVE IT COME THE 15TH. I THINK WE ARE LOOKING...REAL GOOD.
6-5-2012 Intel Guru Bulldog75 Inside Iraq has nothing to do with RV...Details are not important. Avoid hype and know this RV is inevitable. The I Q D and Dong are strong. It will come with the blink and wink of an eye: & same basket : dong and dinar.
6-5-2012 Newshound Guru Breitling The CBI has a plan...a report came out and some people didn't pay attention to it. The General Inspector said that we are going to revalue for just under a buck. They let the cat out of the bag. In September they are going to print the money and in January supposedly put the new currency out & start redenominating at a 1 - 1 exchange, but I'm not betting on a time frame.
6-5-2012 Newshound Guru Mailman17 THE ONLY THINGS WE WAIT FOR AS FAR AS THE UN IS CONCERNED REGARDING 7 IS KUWAIT, DEBT AND HCL. AS FAR AS WE KNOW KUWAITS DONE AND HCL SHOULD BE A BREEZE ONCE THEY RECONVENE, ESPECIALLY WITH MALIKI OUT OF THE WAY...IMO...WE ARE STILL ON TRACK. ["continued in post 3...stay tuned"]
6-5-2012 Intel Guru BWM I have been told the vnd is expected to go by a date (like deadlines mean anything these days) and the hope is that the iqd will go at the same time...this would allow the full plan of currencies to reach the full potential market impact that is expected...if they don't go together, the expected result would be a secondary RV (at some later date) to realign to the expected amounts.
6-5-2012 Intel Guru Jonnywg We have news that Iraq and Maliki have nothing to do with it except the press release version...the real power in Iraq is the Shadow cabinet lead by Allawi/Talibani/Sadr. Also LATE BREAKING NEWS IS that the VND has been pulled off the bank screens this AM for Revaluation...THERE HAS BEEN NO ANNOUNCEMENT THAT THE VND WILL GO SEPARATE...It appears we are closer yet.
6-5-2012 Intel Guru Hammerman The only holdup is the GOI, Erbil needs to be done. Forget about China, not a factor from this point. There is a 50/50 chance Maliki is in or out. They did unofficially get rid of him & then reinstated him because it was not done by the constitution. IMO, he will probably seat the government & then just walk away, resign. There won't be a civil war, not going to happen. If Maliki does not go to vote, we are looking at 1 day to 12-15 days for a revalue to occur. If they vote Maliki out, we are probably looking at mid July. The CBI is 100% done, ready.
6-5-2012 Intel Guru Delta No confidence against Maliki – not all news is true. Some true, most is not. Iraqi list is trying but they have nothing to take confidence from Maliki. This month looking very solid for us...looking like last steps being taken care of. Very important month – June.
6-5-2012 Intel Guru Frank26 The people like Maliki. GOI almost fully cleaned and back in sync soon...we are progressing. This has all been some kind of propaganda and delays for some reason. Next week or two will find out signatures were forged and taken to Supreme Court. Pay attention to the CBI! IMF on the 7th. Very important meeting. 15th we might see Chapter 7 lifted...they are running out of time!
6-5-2012 Newshound Guru Mailman17 WE KNOW THE PLAN, THE FAB 5 KNOWS THE PLAN, THE UN AND US KNOW THE PLAN. APPARENTLY THE ONLY ONE LEFT OUT OF THE PLAN IS MALIKI. LOOK FOR AN EMERGENCY MEETING AT ANY TIME, WHICH WOULD COINCIDE...WITH THEM COMING BACK THE 6TH. THEY HAVE TO THE 15TH...IMO...TO GET MALIKI OUT, NAME THE NEW PM, FORM THE NEW CABINET AND IMPLEMENT ERBIL. ["continued in post 2...stay tuned"]
6-4-2012 Intel Guru Ray Saleh was on TV many times telling the people that the dinar was going to be the strongest currency in the region and that the people would be very happy when the new dinar comes out. He also told the people that all the market prices for goods in the country would be adjusted down to reflect the new value of the dinar. This is the first time I have heard this said openly by a public official. Saleh also said again that the rate would be greater than the 1978 rate. It was $3.22 in 1978. Hopefully this bit of news encourages everyone and know that they are preparing for a Sept 1 RV.
6-4-2012 Newshound Guru SWFloridaGuy June is a HUGE month for Iraq. Every single salient issue that's necessary for Iraq moving forward politically and economically is being addressed this month. The potential for June subsumes Chapter VII, Erbil, HCL, permanent Ministers, announcement of the Strategic Council, the fate of the Prime Minister, tariffs by the end of the month and maybe, just maybe... our precious RV. I doubt Iraq's economy will remain stagnant too much longer. Only time will tell.
6-4-2012 Newshound Guru Bondlady so we know the WTO meeting is when?? june 7th? and we know the un meeting is when? june 15th? so this month is huge...we will know 1 way or another shortly...by the 8th if not sooner per the wto...and then again we should know by the 16th if not sooner if iraq made the grade an deserves to come out of ch 7...if they put as much effort into iraq and the heart of it all as they did in procrastinating and fighting and greed and power iraq would have been unstopable and they still will be but only a ta turtle pace while the rest of the world runs circles around them.
6-4-2012 Intel Guru Footforward THERE IS NO INTEL . NOTHING. NADDA. NOT A SINGLE BIT OF NEWS TODAY OTHER THEN THE MARKETS GOING DOWN. BUT THATS A GOOD THING FOR US. I KNOW EVERYTHING IS OK. THATS NOT AN OPINION...THIS IS GOING TO HAPPEN AND IT WILL BE WORTH THE WAIT.
6-4-2012 Newshound Guru Mike "Iraq's right to equality peg to the dollar as it is now open economically to the world and can not be isolated again from the incubator International"...That is a huge statement......stating "pegged to the American dollar" and thats what they are working to stablize and they are moving forward. The idea that they are the strongest bonds...you don't buy sovereign debt unless you think the countrys is going to succeed - It is not something you speculate on - for the most part to be the strongest sovereign debt out there you have to have a good economic forecast - good GDP growth - - production in value - AND you are going to have to have value in your currency at some point in time - so everyone is seeing that and wanting to get a piece of that and make money off of that debt because they get interest on the debt....absolutely awesome.
6-4-2012 Newshound/Intel Guru BGG One way or the other, this unity of opposition is going to bring about change. This also highlights the two tracks Talibani seems to be on. On the one hand he has wanted a National Conference Meeting by mid-June for quite a while, on the other hand they are moving rapidly to gather the required signatures to "withdraw confidence" from Maliki in the event it is needed. I've been saying all along nobody wants to dismantle the whole government (they just want Maliki's @xx on a stick) !!
6-4-2012 Intel Guru Hammerman WE SHOULD HAVE ALL INFO ON MALIKI AN GOI BY LATE TOMORROW...HERES THE SCOOP...IF HE PLAYS NICE AN STAYS WE RV BETWEEN THE 5TH AN 16TH...IF HE IS VOTED OUT WE RV IN MID JULY, IS WHAT IM BEING TOLD.
5-4-2012 Intel/Newshound Guru Poppy3 I expect to see this no vote any day as they have tried twice already and logistic's has held it up but they keep trying. i said...that my source in bagdad said they thought if they removed him [Maliki] on sunday as scheduled, we could see the rv this wed., thur...well they didnt and we won't. ["continued in post 2...stay tuned"]
6-4-2012 Intel Guru Ray my main Iraqi contact... said the political situation in Iraq is very confusing at the moment. No one knows for sure who is at fault, they just want the government settled and completed so the needs of the people will start being taken care of. He was able to talk to several bank employees while he was there at various banks. He was told consistently by them that they are gearing up for a September 1 RV...Some said it may happen sooner. ["continued in post 2...stay tuned"]
6-4-2012 Newshound Guru SWFloridaGuy I think it's interesting the US is pushing for the HCL now. The last couple months we've witnessed an accelerated push to gain a consensus and resolve the differences that existed between the Parliamentary groups regarding the HCL law, after the Security Council made some modifications. Now the US ambassador is advising Iraq on the benefits and importance, on an economic level, the Oil & Gas law will have to the Iraqis. The aim of this law to achieve the highest benefit to the Iraqi people and ensure a partnership between the federal government and producing provinces to produce the highest level of growth in reserves and production. This is showing that Iraq has improved synergism between the federal and state authorities. This operation in Iraq requires the latest technologies and coordination between the Iraqi oil sector and the global oil industry. ["continued in post 2...stay tuned"]
6-4-2012 Newshound Guru Mike Don't get confused about the dates - there are stages to this whole process - some time before or during this process they are going to RV their currency...they are looking to stabilize it and get the exchange rate down to a point where it will make it easy for them to do the things they need to do...all the positive things that have happened with this currency over the last week and a half are...things that were needed in order to keep the currency stable...they know exactly where they are.
6-4-2012 Newshound/Intel Guru BGG The back and forth will be MAGNIFICENT here towards the end. Maliki tried to get Jeffries to put the US support fully behind him. Jeffries told him the US was willing to sacrifice ANYONE for the sake of democracy. This might well be the best news of the last 30 days. If there was a time when the US was "hedging" on the side of Maliki – this phase is OVER!! Via con dios AMIGO!! ["continued in post 2...stay tuned"]
6-4-2012 Intel Guru Hammerman i am about 90% certain there is no hold up any where in the world on the rv of the iqd...none other the the full GOI...imo, after my talk with 3 big power players yesterday, i truley belive it is just iraq to set goi and impement of erbil.
6-4-2012 Newshound/Intel Guru BGG These Knot Heads!! Do they really believe people can’t see thru these “politically motivated lies”?? The plot to keep Maliki in power is a “regional scheme” – the political parties “within Iraq” want him gone. They’ve had it with dictators – Iran, the US and Syria are all “hot and bothered” to keep Maliki in power!!
6-4-2012 Newshound Guru Med THEY DONT HAVE TO POSTPONE BECAUSE BIDEN IS COMING AND...SADR WILL NOT MEET WITH BIDEN. NOW BARZANI WILL AND A CHANCE ALLAWI WOULD, BUT UNLESS THERE IS A CONSENSUS FROM ALL INVOLVED TO WORK THINGS OUT WHICH ONLY BENEFITS MALIKI.
6-4-2012 Newshound Guru Mike The CBI is very consistent with the message they have - WE ARE ON COURSE...WE ARE DOING WHAT WE NEED TO DO...AND WE ARE READY AT A MOMENTS NOTICE TO DO IT. We know they are ready.
6-4-2012 Newshound/Intel Guru BGG I find it interesting the timing of this [Biden] visit – it almost seems a little late if they intend to “prop up” their man (Biden brokered the original Erbil deal). They have been hedging their bets – maybe they intend to be the first one “to the punch” with the new regime? It does, however, concern me with “secret meetings” between Jeffries and Maliki over the return of Daqduk (the terrorist). I sure hope these guys aren’t cooking up some “long term sell-out”.
6-4-2012 Newshound Guru Med I JUST READ 3 ARTICLES...ALL OF THEM CONFIRMING THAT THEY WILL BE SUBMITTING FOR THE VOTE OF NO CONFIDENCE, LIKE NOW. THEY WERE TO OFFER MALIKI BASICALLY IMMUNITY JUST LEAVE IS ALL THEY WANT. NOW THERE ARE 3 ARTICLES RIGHT NOW THAT ALL MENTION MALIKI RESIGNING BEFORE THE VOTE...IF HE RESIGNS THEN I THINK THEY HAVE WEATHERED THE STORM. IF HE IS NOT GOING TO RESIGN HE WILL MOST LIKELY BE PROSECUTED. ["continued in post 2...stay tuned"]
6-4-2012 Newshound Guru Kaperoni there will be no WTO for Iraq until they get the currency more in line with the USD and accept the conditions of Article VIII of the IMF Guidelines. The good news is that we don’t have to concern ourselves with WTO as the currency reform will come prior. These are big hurdles for the CBI, but clearly in recent days, we can now see there significance of why Dr. Shabibi wants to move forward now...the CBI is ready...they are fully aware of the dangers of waiting on this project...we see the crossroads Iraq is at...The significance of the currency reform and the reason for the aggressive time frame. We are very close.
6-4-2012 Newshound/Intel Guru BGG my opinion – no one really wants to remove Maliki – they want a democratic solution. However, it appears they will remove him if he forces them. Which is a very real possibility. He hasn’t shown signs of caving thus far.
6-4-2012 Newshound Guru Bondlady we are still good to go per the taxes, which takes us to the need to raise the value of there money. We see the tarriff taxes laws was amended and dated and published in the gazette an passed into law. As of 6/30/12, no turning back now. We're finally gonna see these taxes take place! We know the WTO meeting June 7th, we know the UN meeting June 15th,this month is huge!!!!!
6-3-2012 Newshound Guru Kaperoni In recent days we have seen numerous articles from the CBI about how “all preparations are done” and that they want the GOI and Council of Ministers to come on board and support the CBIs plan. We are starting the see the tremendous burden on Dr. Shabibi to take the dinar to an “international” level. That without his monetary reform, there is no WTO, no free market economy and limited economic improvement. ["continued in post 2...stay tuned"]
6-3-2012 Newshound/Intel Guru BGG Maliki seems to be saying he’ll do whatever he needs to – to make everyone happy. I don’t believe he will – he’s famous for gigantic stall tactics. However, he’s at least saying the right words. I don’t really see the opposition parties “letting up”. They do appear to be giving him all the chances in the world – however, they also appear to be moving ahead on proceedings at the same time. The other problematic issue is – I don’t think he has the time left to be able to “iron out” the 5 or 6 issues they have left. It is simply a technical problem…I don’t think he can if he really wants to.
6-3-2012 Intel Guru Frank26 what if we told you...that SA [Saudi Arabia] is paying GOI members from 1 to 2 million dollars for any member that wishes to remove their confidence vote for Maliki. SA does not want a Shiite government in Iraq. Why would they even bother with one or two million when these Maliki supports know they are about to raise the value of the IQD? ...M is not going anywhere. The reality of our investment is sound.
6-3-2012 Intel/Newshound Guru Poppy3 they did not vote today because there were 3 bloc's and several other leaders that did not attend as they had been ask to do. He stated they plan to try tomorrow to pull everyone together for the actual vote. He also said it doesn't appear to him they are considering anything the Maliki camp has suggested . This report comes direct from Bagdad. We will hear more in the morning so get ready and everyone keep smiling all is well in our future.
6-3-2012 Newshound Guru Bondlady "The market does not recognize the government support being linked to other countries and the ration based on government financial support." This has to do with taxes and the rations. They should have already had a better currency rate and they shoulda already dedollarised and supported there own currencies growth and not our usd. They should have basically already RV'd. ["continued in post 2...stay tuned"]
6-3-2012 Newshound Guru Duckyboy This is and will be a big month for Iraq. The Security Council meets towards the middle of the month and may or may not release Iraq from Chapter VII. Remember that this is not a financial issue, but long standing issues with Kuwait. Tariffs laws are due to start by the end of the month (yes, I was wrong). This is an Iraqi RV, not resetting the worlds financial systems. Basel III is supposed to help with this matter. This may be a very interesting week.
6-3-2012 Intel Guru Studley I do not give dates and rates because I am directly involved, also, this is a moving event with many moving parts, it is constantly changing, point is we are in the final stages of seeing this come to fruition.
6-3-2012 Newshound/Intel Guru BGG The next couple of days will be very, very telling.There is no way without this pressure Maliki would be this serious about actually “giving it up." So no matter which way it plays out or who thinks they were right, it had to happen this way. I find it interesting the timing of the Biden visit. It almost seems a little late if they intend to “prop up” their man (Biden brokered the original Erbil deal). They have been hedging their bets, maybe they intend to be the first one “to the punch” with the new regime.
6-3-2012 Intel/Newshound Guru Poppy3 I was told...they had recieved a meeting schedule for today saying the vote of no confidence will take place today. Of course this vote has been scheduled twice already and postponed the next day every time...anything and everything in bagdad politic's can change at a moments notice. they have painted themselves into this corner by letting Maliki remain this long already.
6-3-2012 Intel Guru Studley we should see unified release of a lot of currencies in a very timely fashion, THIS IS A HUGE TIMING ISSUE WITH MULTIPLE AGENCIES, AND COUNTRIES COORDINATING LOTS OF EVENTS AT THE SAME TIME...vnd is part of first release of currencies, part of delay.
6-3-2012 Intel Guru Bear5642 I do honestly believe we are extremely close - close enough for me to go and form my LLC and other very important things to be ready at a moments notice.
6-3-2012 Newshound Guru Med BIDEN CANNOT STOP THE PROCESS, HE WENT TO IRAQ HOW MANY TIMES, TALKED TO MALIKI, EVEN THREATENED HIM, DID IT MAKE ANY DIFFERENCE, NO. IT WILL NOT HERE FOR ONE REASON, SADR. SADR WILL NOT LISTEN TO ANYTHING THAT BIDEN HAS TO SAY THAT STOPS THEM FROM GETTING RID OF MALIKI.
6-3-2012 Intel Guru ScottiG We are not dealing with world realignment as according to so many conspiracy enthusiasts. It just is not so. NONSENSE! There are indeed some major events still winding up inside Iraq that are pertinent to their government but not so to the RV. Some of my friends firmly believe that until the GOI is announced we will not have an RV. In all honesty, I really don’t care. If they want to announce the GOI and then release the RV then let them. This is a good investment. I will not sit here and tell you that the RV will happen today or Monday but I can say with total confidence that we are so very close...everything lines up and is pointing to the end of this investment is soon coming. Is that a guarantee? No way.
6-3-2012 Intel/Newshound Guru Poppy3 we will rv on wed or Thursday of next week according to ONE of my sources in bagdad.They called and said they had just gotten a schedule that says they will vote early sunday morning to remove maliki and he thinks they already have interum person in place and ready to go and impliment all needed programs because of the tarriff law will now start costing them millions very fast daily.
6-3-2012 Intel Guru BellaGrits things are looking fantastic from my side of the road...ALL is well...no issues, no problems, no nothing...obstacles are not blocking this of any kind based on my intel..
6-2-2012 Newshound Guru SWFloridaGuy I think everyone agrees things are moving forward and this is an exciting time. So, we can be happy about that. There are many different camps, with completely different views but all agree we're in a great spot.
6-2-2012 Newshound Guru Mailman17 THERE ARE STILL A FEW DETAILS WE MUST GET RESOLVED HCL WHICH FROM WHAT I READ IS DONE AND WAITING AND THE ISSUE OF DEBT ESPECIALLY THE KUWAIT ISSUE WHICH I ALSO THINK IS A DONE DEAL JUST WAITING TO BE ANNOUNCED. THE ONLY THING WE DONT KNOW FOR SURE IS WHETHER MALIKI WILL RESIGN OR GO OUT KICKING AND SCREAMING. SO WE WILL WAIT...FOR NUJAFI TO CALL THE EMERGENCY MEETING AND GO FROM THERE. I AM REALLY EXCITED AT WHATS TRANSPIRED THE LAST 2 WEEKS AND ESPECIALLY THE LAST FEW DAYS, AWESOME NEWS...COULD HAVE WRITTEN A BETTER SCRIPT MYSELF...TICK TOCK GOES THE DINAR CLOCK AND IT TRULY IS ABOUT TO CHIME 12.
6-2-2012 Intel Guru Footforward if the VND goes first, we will either be waiting longer for the dinar, or its going to RV at 1 dollar. So I don't see how that's good...they have an export based economy! they cant have that high of a rate or it will kill their economy which is what the bad guys want!
6-2-2012 Newshound Guru Randy Koonce We should know in the next 12-24 hours what he's going to do. After a new Prime Minister is chosen he will have to announce the Strategic Council and introduce the Ministers. At that point things will happen very quickly as far as what Shabibi has to do. I think we are about 2 weeks from our goal. No one can force Iraq to RV. Constitutions do not talk about rates, they talk about budgets. Once we have a complete government Shabibi will give the green light. It's a good sign that they didn't repeal the tariffs. I think that probably their goal is to do the vote tomorrow. By Monday we should have a very, very clear indication of what has happened and have a little bit of a time frame. We are probably looking at a couple of weeks.
6-2-2012 Newshound Guru Randy Koonce The paperwork Talabani submitted to Parliament gives 3 days for Maliki to either resign, implement their demands or go ahead with a no confidence. It's up to him. Whichever way he decides to go, lets us know what we need to look for. He would definitely lose a no confidence vote, they have proved they have the numbers. Maliki would be gone and that would be on a Sunday or Monday. If that happens it will make it to the news and you'll see it. If Maliki resigns right before the votes, than Talabani has 7 days to fill the Prime Minister position. I would think he would prefer to resign but we'll have to wait and see. It's his decision. He's not out yet and he still could announce the government, resign or go to a no-confidence. ["continued in post 2...stay tuned"]
6-2-2012 Newshound Guru Mailman17 NOW WE COME TO SHABS, THIS IS THE ONLY THING HE HAS WAITIED FOR AND MOST LIKELY GETTING MORE THAN HE EVER THOUGHT A CLEAN HOUSE ACROSS THE BOARD, A NEW PM FOR THE PEOPLE...GUIDED BY THE FAB 5, EVERYONE WINS. THE IMF MEETS CONCERNING IRAQ THE 7TH, A WEEK BEFORE THE UNSC. ITS ALSO MY VERY STRONG OPINION....AFTER THAT IMF MEETING WE WILL SEE SHABS DO SOMETHING WITH THE RATE PRIOR TO THE UNSC MEETING.SHABS IS READY THAT WE KNOW. ["continued in post 4...stay tuned"]
6-2-2012 Newshound Guru SWFloridaGuy The IMF, UNSC, SIGR report, Finance Committee and CBI have all said they are not going to be able to move forward economically until the political crisis is resolved. That doesn't mean that they have to be skipping down the street hand in hand and there will always be some political unrest there. It means that they must implement what was formerly agreed upon with a seated GOI, power sharing and announcement of the Strategic Council. That's all finally being resolved right now, so we're golden. June is a huge month for Iraq. They have meetings scheduled with both the IMF and UNSC, also tariffs go into effect on June 30th. I think things could fall into place rather quickly this month. We'll see.
6-2-2012 Intel/Newshound Guru Poppy3 many articles from early morning saying many good things, haven't read any bad news other than just some time tables that are a little longer than i like but their time tables are always wrong. All is looking and now sounding so vey positive. I am expecting great things and believe we will get the factual parts of yesterday later today.
6-2-2012 Newshound/Intel Guru BGG Things will be very exciting between last nite and Monday. Sounds like to me that Talibani is about to pull the trigger on his “starters pistol." He’s been reluctant thus far, for political reasons and it appears he is either “there” or very, very close. Maliki has literally gone out and gotten an arrest warrant for Sadr. This guy is just amazing. This stupidity, the military bit yesterday and the judicial threats against any MP voting against him just sealed his fate. He solidified his own opposition. He might have even been able to sway Talibani until just this morning!! "Withdraw confidence from the government and this has become a foregone conclusion." I really like the wording “foregone conclusion," it really is about the best way to describe it.
6-2-2012 Intel Guru Studley The PTB are working very hard to finish the last details of the release, the currencies have to be released at a similar time to avoid any problems. I want to stress this is much bigger than an rv of currencies. There are a number of other programs being released and an entire global reset of banking and governmental systems. We are nearing the end, the PTB are trying to make this as easy a transition as possible. THIS IS A HUGE TIMING ISSUE WITH MULTIPLE AGENCIES, AND COUNTRIES COORDINATING LOTS OF EVENTS AT THE SAME TIME.
6-2-2012 Intel Guru Footforward THIS IS A GLOBAL SITUATION. THERE ARE EVIL PEOPLE TRYING TO FORCE THE VND THROUGH AT 2 BUCKS, AND THE DINAR THROUGH AT 1 DOLLAR. THIS IS NOT GOOD FOR US. I DONT CARE HOW YOU SLICE IT AND IT'S NOT GOOD FOR THE GLOBAL SITUATION. WE WANT THESE TO ALL GO TOGETHER, BECAUSE IT'S BETTER FOR THE WORLD. IT'S GOING TO BE BETTER FOR US ALL LONG TERM. A 2 DOLLAR VND IS GOOD SHORT TERM, BUT MARK MY WORDS, IT WOULD BE A HUGE DISASTER WITHIN A FEW MONTHS.
6-2-2012 Intel Guru Okie_Oil_Man THIS IS AN AUTHORIZED OFFICIAL POST. THE ENTITY'S TO BRING OUR DREAM'S TO REALITY IS WORKING PROGRESSIVELY AND EXPEDIENTLY AND THERE ARE NO CONCERN'S WHATSOEVER ABOUT THE REALITY OR CONCLUSION OF OUR FORTHCOMING BLESSING. WE ONLY HAVE TO BE PATIENT A LITTLE LONGER. THERE ARE MANY FACTOR'S INVOLVED IN A ONCE IN HISTORY EVENT THAT TAKE'S TIME TO COMPLETE. THESE FACTOR'S ARE BEING WORKED OUT AS I SPEAK. I HAVE BEEN REQUESTED BY THOSE MAKING THINGS TO TRANSPIRE NOT TO POST UNTIL I HAVE AUTHORIZED INFORMATION. SO I MUST BE SILENT AS PER AGREEMENT.
6-2-2012 Newshound/Intel Guru BGG the meeting to "oust Maliki" had started earlier (or will start sometime late today [Friday]) and based on the outcome (and another snippet of an article) they may well have the emergency session and take the actual vote somtime over the next 72 hours.
6-2-2012 Newshound Guru SWFloridaGuy When the time comes the CBI will send a new adjusted rate to the BIS (in accordance with the IMF and World Bank's approval and instruction) for release either alone or in a small basket back to all the Central Banks. The new rate will go live all around the world instantaneously. At that point people holding large notes will be given 2 choices: Trade in for lower denoms they can hold indefinitely or exchange for another currency, in our case USD. The rate won't have to spend months "working it's way through the system" at our local Wells Fargo branch. This isn't about the US banks. This currency reform project will have global financial implications and the US will witness this the same time as the rest of the world.
6-2-2012 Intel Guru Footforward IRAQ IS NOT IN CONTROL, AND THE RATES ARE GOING TO BE GOOD. WE ARE STILL LOOKING FOR THIS ANY TIME, THE INTEL THIS WEEK HAS JUST BEEN INSANELY GOOD. IF I THOUGHT THIS WAS GOING TO BE MONTHS AWAY, I WOULD SAY SO. I DONT HAVE ANY REASON TO FEEL OR THINK THAT, AND I HONESTLY AM LOOKING FOR THIS ANY TIME.
6-2-2012 Intel Guru BWM the information about the RV was amazingly good today [Friday]...I was told don't look for it til after everything closed up... so we'll see what the weekend brings...in regards to the weekend...it's still alive...so don't lose hope just yet...a lot of information coming out today about M and such...again, I have considered M a puppet for some time...and until you have the end of the show ready sometime the "actors" have to fill time.
6-1-2012 Newshound Guru Randy Koonce Parliament convened and the paperwork was submitted to remove Maliki. Maliki now has 3 days to respond, we should see some movement tomorrow to that effect in the paper there would be options for Maliki: Options: 1. would be to announce the GOI 2. would be to resign 3. to go through the no confidence vote. Since paperwork is in they have 3 days before the vote so now we wait for the parliament to be called into session which could happen on Sunday or Monday...If we get that far then they vote and Maliki would be gone, they then have 7 days to replace maliki with someone else. The News is moving fast this stuff should show on main news agency. Breathe Maliki is still in until the above happens but we are beginning to get on a time table. Once one of the three things above starts then we will have a time table...So breathe and relax things are coming to an end.
6-1-2012 Newshound Guru Mailman17 MY INSIGHT...AS TO THE POSSIBLE PRECEDINGS IN THE COMING DAYS TO WEEKS PRIOR TO THE UNSC MEETING THE 15TH WHICH...IS PRECEDED WITH AN IMF MEETING REGARDING IRAQ ON THE 7TH. IF THEY CAN GET A NO VOTE OUT ON MALIKI BY THE WEEKEND HE AND HIS MINSTERS STAY IN POWER TILL THE NEW PM HAS FORMED. THE NA WILL SUBMIT A NAME OF THE 5 GIVEN THEM BY THE FAB 5 IMO...MOST LIKELY WILL BE JAFAARI, IF JAFAARI HAS ALREADY...GOTTEN APPROVAL OF HIS CABINET...THEN IT IS VERY POSSIBLE HE CAN FORM IN 2-3 DAYS AS WELL SEEING AS ANY NAME GIVEN FOR A POST IS ALREADY APPROVED BEFOREHAND AND...ERBIL WILL BE A NO BRAINER AS WILL BE 140 AND ANYTHING ELSE ON THE BLOCK THAT MALIKI DELAYED...IN ESSENCE...THIS COULD VERY WELL COME DOWN AND BE OVER WITH...GOVT WISE...WITHIN THE WEEK. ["continued in post 3...stay tuned"]
6-1-2012 Newshound Guru Historian If the Fed system were being replaced with some other model, the transformation would not have to complete at the same time as the RV. But it would logically be on a similar timeline. And it would most likely be executed in stages due to its complexity and risks, with some changes happening before the RV and some after. So it is good news for dinar world!
6-1-2012 Newshound Guru BGG We're in the last minutes of the game folks. There will be a MAGNIFICENT amount of back-and-forth...Maliki is a true dictator. Do not expect him to lie down and quit. He knows he will face MASSIVE charges - no matter what. He has nothing to lose. I don't think the WC (world Court) even has a say here...Maliki is dreaming up ways to scare everyone.
6-1-2012 Newshound Guru Doc Looking at the way things are lining up we could have chapter 7, Ebril, HCl, etc. all being resolved by mid to early July. With all the rhetoric from the CBI about pushing forward with the delete the zeros project and the fact Parliament has not backed down on implementing the tariff law by July 1 the last two weeks of June leading into July offer lots of promise. We continue to believe that if the GOI would show some semblance of stability these other issues would suddenly resolve themselves and Shabibi would pull the trigger on the RV. Don't let all the "bank glitch" hype distract you. These other things need to be addressed before we see the RV. And as true to Iraq only time will reveal exactly when. We report, you decide.
6-1-2012 Intel/Newshound Guru Poppy3 I got a phone call that the emergency meeting this evening in Iraq was called to finish gathering the total votes to oust Maliki. We should hear his removal tomorrow sometime and then what procedures they will follow to replace him and activate all the necessary programs to give us all our blessing. This is from a good source but...be patient until the facts come out that it did happen.
6-1-2012 Intel Guru Jonnywg The die is CAST...The paperwork is done and yet we sit and WAIT...We are still in a good position but the cashin would be better...i hear rumbles all day but nothing yet...we are expecting info and will report as it happens...maliki is for show...China is the power and usa is the vehicle to launch.
6-1-2012 Intel/Newshound Guru Poppy3 [via BGG] He did just get word in that the meeting to "oust Maliki" started about 3 hours ago...we'll wait and see the outcome.
6-1-2012 Newshound Guru SWFloridaGuy We see a lot of reports coming from the CBI referencing "delete the zeros," "raise the zeros" and "remove the zeros." This information campaign is the Central Banks' way educating the public of the upcoming changes and give them reason to believe that soon they will again be able to have confidence in their own currency, and that the goal of their leaders is to eventually de-dollarize the economy. This is a sensitive balancing act. Furtiveness is imperative to the process. They must delicately educate the public without announcing to the world their plans to raise the exchange rate equal to, or higher than the USD. Removing of the zeros refers to the collection of the larger notes from circulation. It doesn't directly refer to the specific rate change, more to the process of introducing the new currency. ["continued in post 2...stay tuned"]
6-1-2012 Newshound Guru Doc The question we continually get is will the current Maliki saga ever end? We contend the answer is yes. What that looks like is still up for debate. Voice of Iraq reported yesterday "Talabani agreed during a meeting yesterday with a number of political leaders to request the withdrawal of confidence from the government of Maliki if he gathered from the collection of signatures [164] deputies," noting that "this figure was exceeded because the Iraqi collected signatures [79] deputies, and that Kurdistan Alliance on the verge of collecting signatures [55] as well as Deputy Vice-block signatures to the Liberals and the amount of [40] vice." If this is accurate the opposition has 174 votes and will be able to remove Maliki. The article went on to report the signatures would be presented to Talabani within two days and a vote of no confidence requested. Honestly we don't care if Maliki relents and agrees to implement Ebril and pass the HCl. Either way we maintain we win. ["continued in post 2...stay tuned"]
6-1-2012 Newshound Guru Mike for every zero that they don’t delete its going to do damage to them if they don’t remove those zeroes …and when I say remove the zeroes…I mean adjust that rate. THEY ARE POUNDING THE DRUMS AT THE CENTRAL BANK and they are MOVING FORWARD – and the drums keep on saying ADD VALUE TO THE CURRENCY…ADD VALUE TO THE CURRENCY.
6-1-2012 Intel Gurus Frank26 & Delta Maliki is working hard to get coordination with the CBI (note)...It's happening right now. U.S. is happy with Maliki and Maliki was told to clean up the mess in the GOI in the next few days. June 7, IMF and GOI are going to meet...Hmmmmm. June 15, UNSC meeting with GOI for chapter 7 release. Kuwait said on Iraqia TV- They want Iraq released from chapter 7 right away. The belief is the IQD has a very good chance of going up to an acceptable international rate between June 1- 7.
6-1-2012 Newshound Guru Mailman17 THE CRAP GONNA HIT THE FAN NOW, CORRUPTION COMING OUT NOW AGAINST MALIKI AND HIS CABINET IN DROVES BIG TIME NOT TO MENTION ARRESTING THE GENERAL...RESIGNATION IMO...IS NO LONGER AN OPTION...INCARCERATION FOR ALL INVOLVED IS THE ONLY REMEDY...AND WE JUST MIGHT SEE PARLIMENT CONVENE FOR THE NO VOTE BEFORE THE WEEKEND IS OVER. MAN TOLD YOU GUYS THIS WAS GONNA GET MESSY... GONNA BE AN INTERESTING 2 WEEKS. ["continued in post 2...stay tuned"]
6-1-2012 Intel/Newshound Guru Poppy3 got a call at 4:30 am saying...several....other countries asking to rv prior to iraq because of all their delays have been given permission to rv on their own...confirmed. No timing for this has been given and it is not known what countries are included but we know vn has permission. The caller, to remain annonimous, says he thinks all of them will rv prior to june 15th but that was only his opinion??
6-1-2012 Newshound Guru Mike Jeffries was one of the architects for this over there when it was first implemented -he’s now talking about getting the banking system moving and moving forward quickly – ALMOST LIKE THEY ARE DRIVEN TO GET ALL OF THIS DONE. ["continued in post 3...stay tuned"]
6-3-2012 Newshound/Intel Guru BGG Maliki seems to be saying he’ll do whatever he needs to – to make everyone happy. I don’t believe he will – he’s famous for gigantic stall tactics. However, he’s at least saying the right words. I don’t really see the opposition parties “letting up”. They do appear to be giving him all the chances in the world – however, they also appear to be moving ahead on proceedings at the same time. The other problematic issue is – I don’t think he has the time left to be able to “iron out” the 5 or 6 issues they have left. It is simply a technical problem…I don’t think he can if he really wants to.
6-3-2012 Intel Guru Frank26 what if we told you...that SA [Saudi Arabia] is paying GOI members from 1 to 2 million dollars for any member that wishes to remove their confidence vote for Maliki. SA does not want a Shiite government in Iraq. Why would they even bother with one or two million when these Maliki supports know they are about to raise the value of the IQD? ...M is not going anywhere. The reality of our investment is sound.
6-3-2012 Intel/Newshound Guru Poppy3 they did not vote today because there were 3 bloc's and several other leaders that did not attend as they had been ask to do. He stated they plan to try tomorrow to pull everyone together for the actual vote. He also said it doesn't appear to him they are considering anything the Maliki camp has suggested . This report comes direct from Bagdad. We will hear more in the morning so get ready and everyone keep smiling all is well in our future.
6-3-2012 Newshound Guru Bondlady "The market does not recognize the government support being linked to other countries and the ration based on government financial support." This has to do with taxes and the rations. They should have already had a better currency rate and they shoulda already dedollarised and supported there own currencies growth and not our usd. They should have basically already RV'd. ["continued in post 2...stay tuned"]
6-3-2012 Newshound Guru Duckyboy This is and will be a big month for Iraq. The Security Council meets towards the middle of the month and may or may not release Iraq from Chapter VII. Remember that this is not a financial issue, but long standing issues with Kuwait. Tariffs laws are due to start by the end of the month (yes, I was wrong). This is an Iraqi RV, not resetting the worlds financial systems. Basel III is supposed to help with this matter. This may be a very interesting week.
6-3-2012 Intel Guru Studley I do not give dates and rates because I am directly involved, also, this is a moving event with many moving parts, it is constantly changing, point is we are in the final stages of seeing this come to fruition.
6-3-2012 Newshound/Intel Guru BGG The next couple of days will be very, very telling.There is no way without this pressure Maliki would be this serious about actually “giving it up." So no matter which way it plays out or who thinks they were right, it had to happen this way. I find it interesting the timing of the Biden visit. It almost seems a little late if they intend to “prop up” their man (Biden brokered the original Erbil deal). They have been hedging their bets, maybe they intend to be the first one “to the punch” with the new regime.
6-3-2012 Intel/Newshound Guru Poppy3 I was told...they had recieved a meeting schedule for today saying the vote of no confidence will take place today. Of course this vote has been scheduled twice already and postponed the next day every time...anything and everything in bagdad politic's can change at a moments notice. they have painted themselves into this corner by letting Maliki remain this long already.
6-3-2012 Intel Guru Studley we should see unified release of a lot of currencies in a very timely fashion, THIS IS A HUGE TIMING ISSUE WITH MULTIPLE AGENCIES, AND COUNTRIES COORDINATING LOTS OF EVENTS AT THE SAME TIME...vnd is part of first release of currencies, part of delay.
6-3-2012 Intel Guru Bear5642 I do honestly believe we are extremely close - close enough for me to go and form my LLC and other very important things to be ready at a moments notice.
6-3-2012 Newshound Guru Med BIDEN CANNOT STOP THE PROCESS, HE WENT TO IRAQ HOW MANY TIMES, TALKED TO MALIKI, EVEN THREATENED HIM, DID IT MAKE ANY DIFFERENCE, NO. IT WILL NOT HERE FOR ONE REASON, SADR. SADR WILL NOT LISTEN TO ANYTHING THAT BIDEN HAS TO SAY THAT STOPS THEM FROM GETTING RID OF MALIKI.
6-3-2012 Intel Guru ScottiG We are not dealing with world realignment as according to so many conspiracy enthusiasts. It just is not so. NONSENSE! There are indeed some major events still winding up inside Iraq that are pertinent to their government but not so to the RV. Some of my friends firmly believe that until the GOI is announced we will not have an RV. In all honesty, I really don’t care. If they want to announce the GOI and then release the RV then let them. This is a good investment. I will not sit here and tell you that the RV will happen today or Monday but I can say with total confidence that we are so very close...everything lines up and is pointing to the end of this investment is soon coming. Is that a guarantee? No way.
6-3-2012 Intel/Newshound Guru Poppy3 we will rv on wed or Thursday of next week according to ONE of my sources in bagdad.They called and said they had just gotten a schedule that says they will vote early sunday morning to remove maliki and he thinks they already have interum person in place and ready to go and impliment all needed programs because of the tarriff law will now start costing them millions very fast daily.
6-3-2012 Intel Guru BellaGrits things are looking fantastic from my side of the road...ALL is well...no issues, no problems, no nothing...obstacles are not blocking this of any kind based on my intel..
6-2-2012 Newshound Guru SWFloridaGuy I think everyone agrees things are moving forward and this is an exciting time. So, we can be happy about that. There are many different camps, with completely different views but all agree we're in a great spot.
6-2-2012 Newshound Guru Mailman17 THERE ARE STILL A FEW DETAILS WE MUST GET RESOLVED HCL WHICH FROM WHAT I READ IS DONE AND WAITING AND THE ISSUE OF DEBT ESPECIALLY THE KUWAIT ISSUE WHICH I ALSO THINK IS A DONE DEAL JUST WAITING TO BE ANNOUNCED. THE ONLY THING WE DONT KNOW FOR SURE IS WHETHER MALIKI WILL RESIGN OR GO OUT KICKING AND SCREAMING. SO WE WILL WAIT...FOR NUJAFI TO CALL THE EMERGENCY MEETING AND GO FROM THERE. I AM REALLY EXCITED AT WHATS TRANSPIRED THE LAST 2 WEEKS AND ESPECIALLY THE LAST FEW DAYS, AWESOME NEWS...COULD HAVE WRITTEN A BETTER SCRIPT MYSELF...TICK TOCK GOES THE DINAR CLOCK AND IT TRULY IS ABOUT TO CHIME 12.
6-2-2012 Intel Guru Footforward if the VND goes first, we will either be waiting longer for the dinar, or its going to RV at 1 dollar. So I don't see how that's good...they have an export based economy! they cant have that high of a rate or it will kill their economy which is what the bad guys want!
6-2-2012 Newshound Guru Randy Koonce We should know in the next 12-24 hours what he's going to do. After a new Prime Minister is chosen he will have to announce the Strategic Council and introduce the Ministers. At that point things will happen very quickly as far as what Shabibi has to do. I think we are about 2 weeks from our goal. No one can force Iraq to RV. Constitutions do not talk about rates, they talk about budgets. Once we have a complete government Shabibi will give the green light. It's a good sign that they didn't repeal the tariffs. I think that probably their goal is to do the vote tomorrow. By Monday we should have a very, very clear indication of what has happened and have a little bit of a time frame. We are probably looking at a couple of weeks.
6-2-2012 Newshound Guru Randy Koonce The paperwork Talabani submitted to Parliament gives 3 days for Maliki to either resign, implement their demands or go ahead with a no confidence. It's up to him. Whichever way he decides to go, lets us know what we need to look for. He would definitely lose a no confidence vote, they have proved they have the numbers. Maliki would be gone and that would be on a Sunday or Monday. If that happens it will make it to the news and you'll see it. If Maliki resigns right before the votes, than Talabani has 7 days to fill the Prime Minister position. I would think he would prefer to resign but we'll have to wait and see. It's his decision. He's not out yet and he still could announce the government, resign or go to a no-confidence. ["continued in post 2...stay tuned"]
6-2-2012 Newshound Guru Mailman17 NOW WE COME TO SHABS, THIS IS THE ONLY THING HE HAS WAITIED FOR AND MOST LIKELY GETTING MORE THAN HE EVER THOUGHT A CLEAN HOUSE ACROSS THE BOARD, A NEW PM FOR THE PEOPLE...GUIDED BY THE FAB 5, EVERYONE WINS. THE IMF MEETS CONCERNING IRAQ THE 7TH, A WEEK BEFORE THE UNSC. ITS ALSO MY VERY STRONG OPINION....AFTER THAT IMF MEETING WE WILL SEE SHABS DO SOMETHING WITH THE RATE PRIOR TO THE UNSC MEETING.SHABS IS READY THAT WE KNOW. ["continued in post 4...stay tuned"]
6-2-2012 Newshound Guru SWFloridaGuy The IMF, UNSC, SIGR report, Finance Committee and CBI have all said they are not going to be able to move forward economically until the political crisis is resolved. That doesn't mean that they have to be skipping down the street hand in hand and there will always be some political unrest there. It means that they must implement what was formerly agreed upon with a seated GOI, power sharing and announcement of the Strategic Council. That's all finally being resolved right now, so we're golden. June is a huge month for Iraq. They have meetings scheduled with both the IMF and UNSC, also tariffs go into effect on June 30th. I think things could fall into place rather quickly this month. We'll see.
6-2-2012 Intel/Newshound Guru Poppy3 many articles from early morning saying many good things, haven't read any bad news other than just some time tables that are a little longer than i like but their time tables are always wrong. All is looking and now sounding so vey positive. I am expecting great things and believe we will get the factual parts of yesterday later today.
6-2-2012 Newshound/Intel Guru BGG Things will be very exciting between last nite and Monday. Sounds like to me that Talibani is about to pull the trigger on his “starters pistol." He’s been reluctant thus far, for political reasons and it appears he is either “there” or very, very close. Maliki has literally gone out and gotten an arrest warrant for Sadr. This guy is just amazing. This stupidity, the military bit yesterday and the judicial threats against any MP voting against him just sealed his fate. He solidified his own opposition. He might have even been able to sway Talibani until just this morning!! "Withdraw confidence from the government and this has become a foregone conclusion." I really like the wording “foregone conclusion," it really is about the best way to describe it.
6-2-2012 Intel Guru Studley The PTB are working very hard to finish the last details of the release, the currencies have to be released at a similar time to avoid any problems. I want to stress this is much bigger than an rv of currencies. There are a number of other programs being released and an entire global reset of banking and governmental systems. We are nearing the end, the PTB are trying to make this as easy a transition as possible. THIS IS A HUGE TIMING ISSUE WITH MULTIPLE AGENCIES, AND COUNTRIES COORDINATING LOTS OF EVENTS AT THE SAME TIME.
6-2-2012 Intel Guru Footforward THIS IS A GLOBAL SITUATION. THERE ARE EVIL PEOPLE TRYING TO FORCE THE VND THROUGH AT 2 BUCKS, AND THE DINAR THROUGH AT 1 DOLLAR. THIS IS NOT GOOD FOR US. I DONT CARE HOW YOU SLICE IT AND IT'S NOT GOOD FOR THE GLOBAL SITUATION. WE WANT THESE TO ALL GO TOGETHER, BECAUSE IT'S BETTER FOR THE WORLD. IT'S GOING TO BE BETTER FOR US ALL LONG TERM. A 2 DOLLAR VND IS GOOD SHORT TERM, BUT MARK MY WORDS, IT WOULD BE A HUGE DISASTER WITHIN A FEW MONTHS.
6-2-2012 Intel Guru Okie_Oil_Man THIS IS AN AUTHORIZED OFFICIAL POST. THE ENTITY'S TO BRING OUR DREAM'S TO REALITY IS WORKING PROGRESSIVELY AND EXPEDIENTLY AND THERE ARE NO CONCERN'S WHATSOEVER ABOUT THE REALITY OR CONCLUSION OF OUR FORTHCOMING BLESSING. WE ONLY HAVE TO BE PATIENT A LITTLE LONGER. THERE ARE MANY FACTOR'S INVOLVED IN A ONCE IN HISTORY EVENT THAT TAKE'S TIME TO COMPLETE. THESE FACTOR'S ARE BEING WORKED OUT AS I SPEAK. I HAVE BEEN REQUESTED BY THOSE MAKING THINGS TO TRANSPIRE NOT TO POST UNTIL I HAVE AUTHORIZED INFORMATION. SO I MUST BE SILENT AS PER AGREEMENT.
6-2-2012 Newshound/Intel Guru BGG the meeting to "oust Maliki" had started earlier (or will start sometime late today [Friday]) and based on the outcome (and another snippet of an article) they may well have the emergency session and take the actual vote somtime over the next 72 hours.
6-2-2012 Newshound Guru SWFloridaGuy When the time comes the CBI will send a new adjusted rate to the BIS (in accordance with the IMF and World Bank's approval and instruction) for release either alone or in a small basket back to all the Central Banks. The new rate will go live all around the world instantaneously. At that point people holding large notes will be given 2 choices: Trade in for lower denoms they can hold indefinitely or exchange for another currency, in our case USD. The rate won't have to spend months "working it's way through the system" at our local Wells Fargo branch. This isn't about the US banks. This currency reform project will have global financial implications and the US will witness this the same time as the rest of the world.
6-2-2012 Intel Guru Footforward IRAQ IS NOT IN CONTROL, AND THE RATES ARE GOING TO BE GOOD. WE ARE STILL LOOKING FOR THIS ANY TIME, THE INTEL THIS WEEK HAS JUST BEEN INSANELY GOOD. IF I THOUGHT THIS WAS GOING TO BE MONTHS AWAY, I WOULD SAY SO. I DONT HAVE ANY REASON TO FEEL OR THINK THAT, AND I HONESTLY AM LOOKING FOR THIS ANY TIME.
6-2-2012 Intel Guru BWM the information about the RV was amazingly good today [Friday]...I was told don't look for it til after everything closed up... so we'll see what the weekend brings...in regards to the weekend...it's still alive...so don't lose hope just yet...a lot of information coming out today about M and such...again, I have considered M a puppet for some time...and until you have the end of the show ready sometime the "actors" have to fill time.
6-1-2012 Newshound Guru Randy Koonce Parliament convened and the paperwork was submitted to remove Maliki. Maliki now has 3 days to respond, we should see some movement tomorrow to that effect in the paper there would be options for Maliki: Options: 1. would be to announce the GOI 2. would be to resign 3. to go through the no confidence vote. Since paperwork is in they have 3 days before the vote so now we wait for the parliament to be called into session which could happen on Sunday or Monday...If we get that far then they vote and Maliki would be gone, they then have 7 days to replace maliki with someone else. The News is moving fast this stuff should show on main news agency. Breathe Maliki is still in until the above happens but we are beginning to get on a time table. Once one of the three things above starts then we will have a time table...So breathe and relax things are coming to an end.
6-1-2012 Newshound Guru Mailman17 MY INSIGHT...AS TO THE POSSIBLE PRECEDINGS IN THE COMING DAYS TO WEEKS PRIOR TO THE UNSC MEETING THE 15TH WHICH...IS PRECEDED WITH AN IMF MEETING REGARDING IRAQ ON THE 7TH. IF THEY CAN GET A NO VOTE OUT ON MALIKI BY THE WEEKEND HE AND HIS MINSTERS STAY IN POWER TILL THE NEW PM HAS FORMED. THE NA WILL SUBMIT A NAME OF THE 5 GIVEN THEM BY THE FAB 5 IMO...MOST LIKELY WILL BE JAFAARI, IF JAFAARI HAS ALREADY...GOTTEN APPROVAL OF HIS CABINET...THEN IT IS VERY POSSIBLE HE CAN FORM IN 2-3 DAYS AS WELL SEEING AS ANY NAME GIVEN FOR A POST IS ALREADY APPROVED BEFOREHAND AND...ERBIL WILL BE A NO BRAINER AS WILL BE 140 AND ANYTHING ELSE ON THE BLOCK THAT MALIKI DELAYED...IN ESSENCE...THIS COULD VERY WELL COME DOWN AND BE OVER WITH...GOVT WISE...WITHIN THE WEEK. ["continued in post 3...stay tuned"]
6-1-2012 Newshound Guru Historian If the Fed system were being replaced with some other model, the transformation would not have to complete at the same time as the RV. But it would logically be on a similar timeline. And it would most likely be executed in stages due to its complexity and risks, with some changes happening before the RV and some after. So it is good news for dinar world!
6-1-2012 Newshound Guru BGG We're in the last minutes of the game folks. There will be a MAGNIFICENT amount of back-and-forth...Maliki is a true dictator. Do not expect him to lie down and quit. He knows he will face MASSIVE charges - no matter what. He has nothing to lose. I don't think the WC (world Court) even has a say here...Maliki is dreaming up ways to scare everyone.
6-1-2012 Newshound Guru Doc Looking at the way things are lining up we could have chapter 7, Ebril, HCl, etc. all being resolved by mid to early July. With all the rhetoric from the CBI about pushing forward with the delete the zeros project and the fact Parliament has not backed down on implementing the tariff law by July 1 the last two weeks of June leading into July offer lots of promise. We continue to believe that if the GOI would show some semblance of stability these other issues would suddenly resolve themselves and Shabibi would pull the trigger on the RV. Don't let all the "bank glitch" hype distract you. These other things need to be addressed before we see the RV. And as true to Iraq only time will reveal exactly when. We report, you decide.
6-1-2012 Intel/Newshound Guru Poppy3 I got a phone call that the emergency meeting this evening in Iraq was called to finish gathering the total votes to oust Maliki. We should hear his removal tomorrow sometime and then what procedures they will follow to replace him and activate all the necessary programs to give us all our blessing. This is from a good source but...be patient until the facts come out that it did happen.
6-1-2012 Intel Guru Jonnywg The die is CAST...The paperwork is done and yet we sit and WAIT...We are still in a good position but the cashin would be better...i hear rumbles all day but nothing yet...we are expecting info and will report as it happens...maliki is for show...China is the power and usa is the vehicle to launch.
6-1-2012 Intel/Newshound Guru Poppy3 [via BGG] He did just get word in that the meeting to "oust Maliki" started about 3 hours ago...we'll wait and see the outcome.
6-1-2012 Newshound Guru SWFloridaGuy We see a lot of reports coming from the CBI referencing "delete the zeros," "raise the zeros" and "remove the zeros." This information campaign is the Central Banks' way educating the public of the upcoming changes and give them reason to believe that soon they will again be able to have confidence in their own currency, and that the goal of their leaders is to eventually de-dollarize the economy. This is a sensitive balancing act. Furtiveness is imperative to the process. They must delicately educate the public without announcing to the world their plans to raise the exchange rate equal to, or higher than the USD. Removing of the zeros refers to the collection of the larger notes from circulation. It doesn't directly refer to the specific rate change, more to the process of introducing the new currency. ["continued in post 2...stay tuned"]
6-1-2012 Newshound Guru Doc The question we continually get is will the current Maliki saga ever end? We contend the answer is yes. What that looks like is still up for debate. Voice of Iraq reported yesterday "Talabani agreed during a meeting yesterday with a number of political leaders to request the withdrawal of confidence from the government of Maliki if he gathered from the collection of signatures [164] deputies," noting that "this figure was exceeded because the Iraqi collected signatures [79] deputies, and that Kurdistan Alliance on the verge of collecting signatures [55] as well as Deputy Vice-block signatures to the Liberals and the amount of [40] vice." If this is accurate the opposition has 174 votes and will be able to remove Maliki. The article went on to report the signatures would be presented to Talabani within two days and a vote of no confidence requested. Honestly we don't care if Maliki relents and agrees to implement Ebril and pass the HCl. Either way we maintain we win. ["continued in post 2...stay tuned"]
6-1-2012 Newshound Guru Mike for every zero that they don’t delete its going to do damage to them if they don’t remove those zeroes …and when I say remove the zeroes…I mean adjust that rate. THEY ARE POUNDING THE DRUMS AT THE CENTRAL BANK and they are MOVING FORWARD – and the drums keep on saying ADD VALUE TO THE CURRENCY…ADD VALUE TO THE CURRENCY.
6-1-2012 Intel Gurus Frank26 & Delta Maliki is working hard to get coordination with the CBI (note)...It's happening right now. U.S. is happy with Maliki and Maliki was told to clean up the mess in the GOI in the next few days. June 7, IMF and GOI are going to meet...Hmmmmm. June 15, UNSC meeting with GOI for chapter 7 release. Kuwait said on Iraqia TV- They want Iraq released from chapter 7 right away. The belief is the IQD has a very good chance of going up to an acceptable international rate between June 1- 7.
6-1-2012 Newshound Guru Mailman17 THE CRAP GONNA HIT THE FAN NOW, CORRUPTION COMING OUT NOW AGAINST MALIKI AND HIS CABINET IN DROVES BIG TIME NOT TO MENTION ARRESTING THE GENERAL...RESIGNATION IMO...IS NO LONGER AN OPTION...INCARCERATION FOR ALL INVOLVED IS THE ONLY REMEDY...AND WE JUST MIGHT SEE PARLIMENT CONVENE FOR THE NO VOTE BEFORE THE WEEKEND IS OVER. MAN TOLD YOU GUYS THIS WAS GONNA GET MESSY... GONNA BE AN INTERESTING 2 WEEKS. ["continued in post 2...stay tuned"]
6-1-2012 Intel/Newshound Guru Poppy3 got a call at 4:30 am saying...several....other countries asking to rv prior to iraq because of all their delays have been given permission to rv on their own...confirmed. No timing for this has been given and it is not known what countries are included but we know vn has permission. The caller, to remain annonimous, says he thinks all of them will rv prior to june 15th but that was only his opinion??
6-1-2012 Newshound Guru Mike Jeffries was one of the architects for this over there when it was first implemented -he’s now talking about getting the banking system moving and moving forward quickly – ALMOST LIKE THEY ARE DRIVEN TO GET ALL OF THIS DONE. ["continued in post 3...stay tuned"]