1-1/2-2013: Iraqi Dinar Guru guesses!!!
1-2-2013 Newshound/Intel Guru Bluedog so many thing jelling for this investment, you all should be happy… Iraqs Budget has been read all 3 times. [HAS THAT BEEN POSTED IN THE GAZETTE YET?] no, but articles said all readings completed…it will be signed and opened in the next week and half or sooner. [erbil done now?] as needed all is done in files ready to be pulled out. [AND HCL] yep. the Premier of Kuwait already had their meeting with Iraq…so all is go for Chp7…ch7 is all done but it a waits the currency Rate thats in the Budget…articles has said all reading have been done waiting to open the 2013 Budget real soon…that BUDGET will be 1st priority. Do not even worry about protest or Maliki cause it has nothing to do with your RV or it will not delay it.
1-2-2013 Intel Guru Winalot CBI Article: “C 2012 auction No. 74/12 / approved the Central Bank of Iraq on 18 Central Bank transfers for (91) Ninety-one days of $ (200) billion Iraqi dinars (two hundred billion Iraqi dinars) have been sold (90) billion dinars (ninety Billion Iraqi dinars) issue of the amount as the price discount (5.30%) and the number of Participating banks (4) banks (four banks) won Basdaria. 2012/12 / Baghdad 30″ there is the translation…they sold 200 billion dinar! not dollar! why would they be selling dinar to the banks??? looks like they are stocking the banks to trade dinar for dollar… i think it is excellent news… especially since they hid it! it is only on the arabic side…under announcements…not on the auction page.
1-2-2013 Intel Guru TerryK GOT SOME NEWS TODAY WHY THIS HAS NOT GONE DOWN AND IT DEALS WITH BOTH CHINA AND THE US SPOSE TO BE RESOLVED ABOUT 4 PM THE 3RD. I DONT KNOW IF THAT HAS A TIME STAMP FOR THE RV OR NOT. SO IM HEARING THAT ALOT OF THINGS ARE IN THE WORKS BY COB [CLOSE OF BUSINESS] EST THE 3RD…SO TAKE THAT AS RUMOR. BUT, I WANTED YOU TO KNOW THAT THIS IS STILL ALIVE, VERY MUCH ALIVE FOR THIS WEEK. I HAVE STONG RUMORS AND IT HAS JUST BEEN TOLD ME A 2ND TIME THAT WHEN FOREX OPENS AGAIN LIKE TOMORROW WE MAY SEE SOME CHANGE.
1-1-2013 Intel Guru Bluwolf Well within a few hours a deal will be reach ( taxes on the rich etc. ) from this point on once signed the U.S. will prosper and your blessings shall not have any restrictions on this international releases to be coming forth…now is our time.
1-1-2013 Intel Guru SteveI Thank you for sharing, and yes this is spot on. OCRUSH, thank you for taking the time to share with us what is going on behind the scenes. Outstanding job and awesome facts. All I can say is a big WOW. I was hoping that the GOI would have had the budget in place by now, but a few more days is OK with us if that is what it takes to do it right. We are being told that so much is being done and it is now “crunch time” to finalize things before the country and its citizens get out of control. We are being told that Maliki is starting to get the hint and is working hard to keep civil unrest to a minimum and resolve the outstanding issues. We all just need to wait it out a bit longer and let it show up on our door step. We will try very hard to give you all a detailed update very soon.
1-1-2013 Intel Guru SteveI The new policies will start after January 8 (give or take). You see the house needs to approve these changes and all they are doing now is positioning themselves to get it started with no hiccups! This is a new era and it has started. There will be new procedures and policies taking place….we are witnessing history in the making. There is no doubt the new budget has the new rate and they are preparing to wow us!!”
1-1-2013 Intel Guru SteveI JUST RECEIVED THIS FROM OCRUSH : “We are almost there! The 2012 accounts have been closed. The banks are positioning themselves for the new budget. The ratification of the 2013 budget is on its way with the finance ministry. This is great because they will allocate the 2013 budget to the provinces with transparency. The cbi gave orders to the private banking sector to sell hard currency at the current rate for one week even though the 2012 budget has been closed. They needed to still have the auctions because its not a good idea to stop them.
1-1-2013 Intel Guru Bluwolf Well the world did not end as some thought it would. We are still here and our blessing still has not come into play. But we are just a step away from receiving for we and the rest of the world only await for the U.S. to get there economic issues taken care of. My guess in a couple more dias [days] they should sign a deal and all releases will occur. But for now a Happy New Year to all.
1-1-2013 Newshound Guru Mailman17 REMEMBER…ALL IS NOT WHAT IT APPEARS SOMETIMES THEY JUST MAY BE FURTHER ALONG THAN WE THOUGHT. THE THING TO REMEMBER IS THIS…IRAQ WAS ALWAYS….SET UP TO SUCCEED. THE PEOPLE OF IRAQ HAVE WAITED A LONG TIME FOR THIS…WAY LONGER THAN ANY DINAR HOLDER…THEIR TIME IS COMING.
1-1-2013 Newshound Guru Mailman17 THE THING TO ALSO REMEMBER IS IRAQS FINANCIALS…THE SUDDEN GOLD INCREASE…AND QUITE POSSIBLY A MINOR SNAFU ON THE REMAINING DEBT THEY JUST MAY GET OUT OF THAT MAYBE THAT AND INCREASED OIL PRODUCTION, FROZEN ASSETS AND A NUMBER OF OTHER TRADEABLE COMMODITIES AND WE CAN SEE WHY THE WTO AND THE IMF ARE PLEASED.
1-1-2013 Newshound Guru Mailman17 ANYONE ELSE THINK THAT MAYBE…JUST MAYBE…MALIKI HAS BEEN SET UP AS THE FALL GUY IN THIS ON PURPOSE…BEING ALLOWED TO RUN THE GAMBIT AT HIS OWN ACCORD AND LEISURE? THIS GOES BACK TO ME THINKING AWHILE BACK THAT THEY MUST MAKE THIS LOOK LIKE AN IRAQI THING ALL THE WAY WITH NO INFLUENCE WHATSOEVER FROM OUTSIDE ENTITIES. THE THING TO LOOK AT IS THIS EVEN THOUGH THE POLITICAL PROCESS HAS BEEN A NIGHTMARE THE CBI HAS DONE WHAT NEEDED TO BE DONE.
1-1-2013 Newshound Guru Doc Doesn’t the budget have the RV rate built into it? Again this is another false story being circulated around the internet. You have to remember Iraq gets its revenue from oil and oil is traded in USD not dinar. Iraq has a steady flow of USD from its oil. The budget simply takes the USD from oil sales and converts to dinar at the current program rate. Iraq is not going to reveal rate changes in its budget prior to a RV. [post 2 of 2] [the remainder of Doc’s questions & answers will be sent out to Dinar Guru members…sign up above in the blue box if you’re not already a member…you won’t want to miss out]
1-1-2013 Newshound Guru Doc We will end/start the year by answering several recent questions: Speaking of Cash-in stories what about Reno? Again these have proven time and time again as unfounded. When the CBI sets the rate it will go live in milliseconds around the globe. There are no special bank screens that show it to a select few. None of this is true and has been verified by banking officials.
1-1-2013 Newshound Guru SWFloridaGuy The “Returning to former glory” statement from Shabibi (while a very positive one), is frequently misquoted. “4-7-2008 Shabibi – We aspire in the near future to the return of Iraqi dinar to what it was in the seventies and the beginning eighties against the dollar and other foreign currencies and we are endeavoring and serious in this regard, but added that this process is not easy and simple and depends on the supply and demand of Iraqi dinars.”
1-1-2013 Newshound Guru SWFloridaGuy At the Arab banking conference in 2008 (held in Cairo), Shabibi did say that he wanted to return to their currency to levels that closer resembled what they were in the 70s and 80s. He never used the word revalue for obvious reasons, nor did he even hint at by which mechanisms the NID could regain the previously held levels of their former currency. Whether that be by revalue, floating orbit of exchange, straight redenomination, change in peg, letting the market drive it up etc., is of course 100% classified.
1-1-2013 Newshound Guru SWFloridaGuy Shabibi has repeatedly stated over the years there will be no LOP, for whatever his word is worth. Shabibi has never once said that the IQD would revalue to become the strongest currency in the Middle East and remain at levels above Kuwait’s. In fact he’s never said they would “Revalue” at all.
12-31-2012 Newshound Guru Mailman17 THE PWTB HAD TO LET THIS PLAY OUT BUT I AM SURE THEY ALSO KNEW MALIKI WOULD EVENTUALLY HANG HIMSELF…IT WAS ONLY A MATTER OF TIME. THIS JUST MAY PUT A HAMPER ON MY JAN 1 PREDICTION ESPECIALLY SEEING AS THE BUDGET HAS NOT YET BEEN DONE AND RATIFIED BUT I DON’T THINK I AM THAT TOO WAY OFF THE TIMELINE, JAN NOT MAR, IMO. THE NEWS IS OUTSTANDING, JUST A LITTLE WHILE LONGER.
12-31-2012 Newshound Guru Mailman17 THE DINAR WAS BUILT TO SUCCEED JUST TAKING A BIT LONGER THAN PLANNED. MALIKI ON THE OTHER HAND, I REALLY DON’T SEE HIM BEING IN POWER MUCH LONGER. THE PEOPLE OF IRAQ HAD HAD ENOUGH AND THEY NOW KNOW THERE IS POWER IN NUMBERS AND THEIR VOICE WILL FINALLY BE HEARD.