11-20-2012: Iraqi Dinar Guru guesses!!!!

11-20-2012 Newshound Guru LoriC Ban-Ki-Moon is headed to Baghdad to help broker the Chapter 7 deal. He’s the UN spokesman so he will be speaking on behalf of the members wishes and all signs point to a swift exit for Iraq. Very exciting time for Iraq. There was also a positive report about Iraq possibly taking over as the leader in OPEC and that it would “make them one of the strongest states economically.” Sounds good to me!!

11-20-2012 Newshound Guru Tlar I would also say that Maliki found a sliver of a crack that allowed him to shiitecan Shabibi that thus far has worked, a thing he has been trying to do since early 2010. He also is shrewd and smart. As to how this affects our investment, IMO it does not effect it at all and most likely helps it. The tension between the government (Maliki) and the bank (Shabibi) is over. Maliki now has control of the bank. Shabibi had already collected the trillions of dinar before he was removed. That’s a good thing.

11-20-2012 Newshound Guru Tlar They are still blaming Shabibi for the drop in value of dinar. Yes, he allowed fear to inter the street which in turn caused a buying panic of US dollars but IMO it was temporary and controlled, the purpose of which was to buy back as much dinar as possible around the middle east and Iraq. Shabibi only let this go on because it was ultimately to the benefit of Iraq long term. He saw this as an opportunity to repatriate trillions of dinar in a short period of time and 1189 per each USD he put out. He bought back multiple trillions of dinar this way which after RV would save his country billions. I would say that if this was Shabibi’s plan he is a genius.

11-20-2012 Newshound Guru Med THERE WAS A REASON FOR TALIBANI’S 180 AND IT WASNT CUZ HE THOUGHT MALIKI WASNT DOING HIS JOB EVEN THOUGH HE WASN’T IT WAS LEAKED TO TALIBANI THAT MALIKI HAD PLANS FOR HIM AND IT WASNT TO STAY AS PRESIDENT. HE FOUND OUT THAT MALIKI WANTS TO PUT A SUNNI IN AS PRESIDENT AND HE ALSO WANTS TO HAVE A CONFRONTATION WITH THE KURDS. I SEE THAT MUTLAQ IS STATING NOW THEY HAVE MORE THAN ENOUH SUPPORTER FOR THE REMOVAL.

11-20-2012 Newshound Guru Adam Montana I don’t put any stock in these “announcements” of a timeline… they have been talking about replacing the currency since 2009, and they have given plenty of “dates”, and none of them have came through. I don’t think they will release the new currency until they have a new rate, and they won’t do that until the HCL is resolved.

11-19-2012 Intel Guru TerryK I’M HEARING ALOT OF GOOD THINGS ABOUT TOMORROW. WANTED TO TELL YOU ALL THE LITTLE BIT I GOT TODAY WAS VERY HAPPY TALK IF YOU KNOW WHAT I MEAN. I WAS ASKED NOT TO CHAT TOO MUCH ABOUT WHAT IS GOING ON. IM HEARING TONIGHT OR TOMORROW AGAIN.

11-19-2012 Intel Guru BWM july really doesn’t hold any bearing for me…honestly, I would say by around February and if not then sadly I hate to say it… but it could be much longer after that…but news has been really interesting the last 24 hours…so I have not given up hope on the short term yet.

11-19-2012 Newshound Guru Tlar There has been very little change in either the philosophy or the movement in the bank and almost no outrage from the international community. It also appears that at least at present the bank is trying to work with the IMF and the IMF looks as though they are working with bank. There are many advantages IMO not to fight for Shabibi by anyone. Ignore and go from here seems to be the direction. Shabibi cannot fight the government if he is not in Iraq. News articles of his complaints and accusations have all but subsided.

11-19-2012 Newshound Guru Tlar Maliki is going to submit the names of the replacement for the CBI which will then go to parliament for a vote. In the meantime I believe the bank acting in concert with the government is still on track to “remove the zeros” as stated by the finance committee. I don’t think that Shabibi being gone will change much. We all know he was a good guy who got screwed but there is no reason at this point to see this other than a change in personnel.

11-19-2012 Newshound Guru Med THE NEWS IS EXTREMELY PROMISING. IT SEEMS THAT ANOTHER INVESTIGATION SHOWS THAT DRAFTS WERE SIGNED BY MALIKI AGAINST THE CENTRAL BANK FOR PAYMENTS TO MEMBERS OF THE DAWA PARTY. THEY SEEM TO HAVE HAD THEIR HANDS IN ALMOST EVERY CORRUPT ACT IMAGINABLE. I BELIEVE THIS IS WHY SHABIBI WAS TARGETED ALSO ONE OF THE REASONS SHABIBI WAS NO IDIOT AND HE, I BELIEVE, KNEW EVERY DIRTY DETAIL OF WHAT WAS GOING ON.

11-19-2012 Intel Guru TerryK SO, IM HEARING THE DONG SHOWED UP ON A SCREEN LAST NIGHT. DID ANYONE CASH IN LIKE .47 CAUSE I MISSED IT. I MADE CALLS AND TALKED TO LIKE 4 PEEPS AND THEY COULD NOT SEE IT. IF I GET ANYTHING I WILL BE BACK.

11-19-2012 Newshound Guru Mountainman Maliki met with Kobler [a representative of the secretary-general of the United Nations] and discussed Chapter 7 removal again today. Kobler said he supports it. We are very close to seeing Iraq released out of Chapter 7 IMO. The final requirement for their release may be raising the value of their currency. Time will tell.

11-19-2012 Newshound Guru LoriC The Economic Commission announced that a meeting very soon with the CoR will vote on the investment law after they made some key amendments to it… This is a good sign they are moving forward with this. It’s been in the works a long time. Also, tomorrow’s agenda in Parliament includes the second reading of the budget bill the Federal Republic of Iraq for the fiscal year 2013.