9-19-2012: Iraqi Dinar Guru guesses!!!
9-19-2012 Intel Guru Blaino Maliki will not be coming to the U.S. There are 2 ministers that were chosen & are coming to talk to the UN. The London Conference is up and rolling. I’m looking for them to unlock the dinar tomorrow [Wednesday]. It’s a possibility that these people in London right now are very likely making assurances to their guests to let them know that this is their intent. The deal is signed, it is inked. I know a lot more about it, but I can’t disclose it for complicated reasons. There’s a lot of detail that will come to light down the road. It’s all good. More & more things are starting to happen very fast. I think we are going to see this thing start moving. I don’t think we are in the theory world anymore, we are in the been done world & now we are looking for the release. We are in a great place.
9-19-2012 Intel Guru BWM two contacts in Iraq today stated that there was an “influx” of ppl [people] (particularly professionals) making the move from other countries into Baghdad and the region…when there is such a “distressed” period and so much violence why would ppl leave lives they had established to come back to the area. Also with M [Maliki] not in NY apparently but instead in Iraq there is discussions about meetings being possible. IMO as I “believe” that Iraq has really nothing left to accomplish I also “believe” they will be shown some bit of gratitude and allowed to “present” the first traces of the RV internationally… key on the international part. my biggest thought process is what combination of Shabibi, M [Maliki] , and T [Talabani] all need to be “in country” to show their ppl.
9-19-2012 Intel Guru Footforward Also, this thing about a currency float. There are groups that believe that Iraq will just RV, snap your fingers and you have a new high rate, it’s all over & done with in seconds. Others believe in an RI which is basically reinstates the old rate of $3.22, or $3.86 with 20% added for inflation. Then there are people that think it will be a float, where it will come out low, $.05 or $.10 & then they will let the market drive it up. I don’t know why anyone thinks this is plausible. There is no chance. The rate that comes out is going to be controlled. It’s not going to come out @ $.10 & then float up. Also, they need to open one of their budgets. All of the budgets that have come out in the last several years are well above $1. [post 2 of 2]
9-19-2012 Intel Guru Footforward They had a conference last year similar to the London Conference & 90% of the guest list didn’t show up because Iraq had not RV’ed. A lot of dealers, investors and big money people are in London & without an RV & yet they have convinced them to come, so this is interesting. There is a lot of international pressure on Iraq. There’s all kinds of proof out there that the ministers positions have been filled & the HCL & Erbil is done. Talabini is back, but he is not the trigger. They want to RV, they have to RV and it will be at a good rate. From and Iraqi standpoint it helps nothing & accomplishes nothing to have it RV at $.35 and then float up. I think the rate is going to be high & I don’t expect it to float. I am still looking for it right away.
9-18-2012 Newshound/Intel Guru BGG Talabani is back, came in on a private jet, no fanfare. Talabani, Maliki and Najafi are to meet in Kurdistan tomorrow prior to a National Meeting and possibly call for the National Meeting sometime next week. This is what I think will happen, they will have the National Meeting and settle everything then they will RV pretty quick. I had a call from a big info group that said on the agenda is Supreme Council policies with Alawi, the resolution of the Security Ministries, Article 140 and the oil & gas law. I was totally stunned, look for that to come out in the news. It’s breathtaking that they will be talking about these things. Maliki is going into hostel territory. IMO, if he plays ball, we are in good shape, but if he doesn’t, they are already talking about his replacement. If the politics get handled first, everything else comes after.
9-18-2012 Intel/Newshound Guru Poppy3 [via BGG] Sources are saying that the dong will not happen until after the dinar RV. No lop, that’s just not going to happen. Dr. Shabibi said plainly a number of times that the Iraqi currency will be the highest currency in the Middle East.
9-18-2012 Intel Guru TerryK I GOT THIS CHINA SOURCE…HAVE NOT HEARD FROM THEM IN MONTHS, SO THIS GUY TELLS ME THE WORD ON THE STREET IS WEDNESDAY NIGHT IS OUR NIGHT. WE SHALL SEE…TREAT IT AS A RUMOR BUT A GOOD ONE. THESE ARE THE DATES WE WERE TOLD LAST MONTH.
9-18-2012 Intel Guru Blaino STANDBY FOR NEWS AND INFORMATION! HELLO EVERYONE…”STUFF” COMING DOWN. PANDA EXPRESS COMMUNICATES AGAIN. THEY SAY THINGS “SHOULD” KICKOFF ON THURSDAY…WE WILL ALL BE WATCHING…WORKING HARD TO CONFIRM.
9-18-2012 Newshound Guru Doc We continue to have to remember that this is not about us and the CBI is in business to make money. It does so by buying/selling dinar. A lower rate also allows other governments to “collect” dinar and hold in reserve at a much lower rate. These governments would then benefit from the future appreciation. If you don’t believe your government would do this to you then we have beach front property in Kansas ready to sell to you. With this said we would not be surprised to see the initial rate below $1. We also contend we would have around 2 years to hold the old currency. Given this scenario the question is do you cash in immediately or do you hold on. We report, you decide [post 3 of 3]
9-18-2012 Newshound Guru Doc We find it incredibly interesting that the news is beginning to indicate a “free” float for the new currency. It is also indicating that the initial rate could be somewhat less than 1 to 1. While we find this interesting we need to point out this has not been stated by anyone in the CBI so we consider it as speculation to this point. What we find as interesting is this does fit the model we have been postulating for several years now. A lower rate with appreciation toward $1 over time allows Iraq and the CBI a much more favorable economic position. [post 2 of 3….stay tuned]
9-18-2012 Newshound Guru Doc As predicted we enter the economic summit in London without the RV in place. This was easy to predict since Iraq has not put into place those key items to trigger currency reform. However, the news out of Iraq continues to be very positive concerning those items Shabibi has repeatedly said he needed to see before currency reform. The seating of a Defense Minister and passage of HCl appear to be very close. This would go a long way to a fully seat stable GOI and the “business” of oil being resolved. As we cautioned previously we have been “close” in the past according to the media only to be disappointed in reality. We are continuing to watch for concrete factual proof these items are not only in place but being executed by the GOI. [post 1 of 3….stay tuned]
9-18-2012 Intel Guru Hammerman WELL, SHABIBI IS IN LONDON AND SOME OTHERS (MALIKI) ARE HERE IN THE USA, TALABANI IS BACK AND WELL PLACED. I BELIEVE LAST MINISTER WILL BE OUT PUBLIC TODAY. HEARING THEY MAY FINALLY PUT NATIONAL MEETING OUT TO PUBLIC EVEN THOUGH ITS BEEN DONE. A lot of tier movement in a positive manor…still hearing nothing of a floating rate, imo, it won’t be. VND looking even hotter..new intel says it will go [with] the dinar and could be over 60 cents, key words – could be. There are major floods in Asia and they need this RV now and China is pushing harder than ever. I can’t find any negative out there once again…it really looks good for this month, all we can do is wait. This all great great intel coming in…let’s hope it is all true…we are at the end.
9-18-2012 Newshound Guru Med WE SAW JUST LAST WEEK HOW ALL WAS GOING FORWARD AND I THINK I AM RIGHT THAT THIS WILL NOT COME OUT OF THE GATE AT ONE TO ONE. SHABS GOAL IS TO GET ONE TO ONE BUT IT APPEARS THEY THINK IT WILL TAKE UP TO 2 YRS. SO WE WILL BE LOOKING AT SOMETHING UNDER .50 CENTS TO BEGIN WITH. BUT YOU DONT HAVE TO CASH IN, YOU CAN HOLD IT. THAT IS MY TAKE AND MY OPINION.
9-18-2012 Newshound Guru Mailman17 THEY HAVE BEEN IMPOVERISHED FOR 30 PLUS YEARS, ANY RATE OVER A DIME TO THEM IS A GODSEND. THEN, LIKE THE GCC SUGGESTED AND MOST LIKELY THESE LARGE BILLS WILL ALREADY BE TURNED IN THEY CAN FLOAT AND REAL QUICK…UP TO A BUCK AND REMAIN STABLE ALONGSIDE THE REST OF THE GCC GIVE OR TAKE A PENNY HERE. THEN DOWN THE ROAD LIKE THEY HAVE ALREADY STATED… LET THE MARKET TAKE OVER AND DRIVE THEM TO 3 OR BETER ALONGSIDE KUWAIT. BY THAT TIME THEY SHOULD BE STABLE ENOUGH TO MAINTAIN IT AND LORD KNOWS THEY HAVE THE RESOURCES…THATS MY TAKE ON IT… STAY FOCUSED…WE TRULY ARE ALMOST THERE. [post 2 of 2]
9-18-2012 Newshound Guru Mailman17 AS FAR AS THEM COMING OUT AT 10, 20 OR 30 CENTS, WE KNOW SHABS AND THE GOI DO NOT NEED MILLIONAIRES WALKING THE STREETS, ESPECIALLY 30 MILLION OF THEM. BUT I FEEL THEY COULD BE COMFORTABLE WITH PEOPLE HAVING ENOUGH TO AT LEAST START A BUSINESS OR HAVE A DECENT BANK ACCOUNT. THATS WHAT 10 CENTS OR A LITTLE BETTER WOULD ACCOMPLISH AND WITH THAT RATE MOST WOULD HAVE TO TURN IN THE 3 ZEROED NOTES, DEFINITELY THE 5, 10 AND 25 THOUSAND AS THEY PROVE USELESS.