1-31-2013: Iraqi Dinar Guru guesses!!!
1-31-2013 Newshound Guru Kaperoni Article: “Parliamentary warns of economic impact of reducing Iraq to tally of gold on the national economy” This is great. Mahma Khalil again who is a Kurd pointing out that selling gold is bad. He continues to push the high dinar exchange rate. We need to hug this guy.
1-31-2013 Newshound Guru Tlar Well Shabibi’s gone, we have no RV as of yet. and the 10,000 counterfeit bill is of a concern again. Iran’s economic lifeline is again operating at full speed. Yes, hard currency is once again being drained out of Iraq but it should not have a noticeable long term effect on the currency value. It is hard to pass and it is expensive. I think this is intentional. But to us, IMHO, it is more of an aggravation than any real threat to the value of the currency and most likely will stop with the election of a PM who is not sympathetic or beholden to Iran.
1-31-2013 Newshound Guru Tlar Two years ago the Iraqi government was informed by the US intelligence that Iran was counterfeiting dinars and selling them in Iraq for hard currency. Shabibi asked the government to get on top of the counterfeiters because the CBI had no security force to do the job. The government did not respond. Eventually,Shabibi put steps in place within the bank that made it much harder to be able to sell counterfeit currency, money launder, or smuggle, all the tools necessary for state sponsored counterfeiters (Iran) to be successful.
1-31-2013 Newshound Guru Adam Montana [We in the past had heard that “No RV until the Ministers were seated or until Iraq has formed their government” has this happened? or are we still waiting for this to happen? Does this still apply to the RV?] I don’t think I ever specifically stated that, but there is at least SOME quality to that opinion. There was a time in the past when it was simply impossible for them to successfully RV their currency, due to massive gaps in their coordination and structure. As of today, I would be comfortable saying they are capable of successfully pulling off an RV.
1-31-2013 Newshound Guru Bondlady they did work on the budget yesterday and how can they come to an agreement on the distribution of the 25% of the oil profits if theres not already an agreement on the hcl ? how can you pass out oil profits without the last part of the HCL already being passed, thats the part and last part of the HCL , the part they fight most over, who gets what and how much, so they did work on the budget yesterday and we see it today, ;, see how important all this is.
1-30-2013 Intel Guru Bulldog75 IRAQI AIRWAYS HAS CONTRACTED TO $ BUY (50) NEW BOEING 737 & DREAMLINERS 787. A COUNTRY WHO CAN PURCHASE 50 NEW AIRCRAFT FROM BOEING HAS A TREMENDOUS AMOUNT OF IN-COUNTRY FINANCIAL STABILITY AND WEALTH. THE COUNTRY OF IRAQ HAS SUCH AN ABUNDANT SUPPLY OF: MINERALS, OIL, GAS, GOLD, SILVER, DIAMONDS THAT IT IS DIFFICULT TO CALCULATE THE $ WEALTH OF IRAQ. THE ‘CE’ [CURRENCY EXCHANGE] HAS TO COME TO FRUITION FOR THE MANY MULTIPLE REASONS WE HAVE GROWN TO KNOW.
1-30-2013 Intel Guru OCrush [via HopesAway] Cousin just answered another one of my questions. I asked him where we are at with the hcl law? His response….it is done, there are new contracts put out by the ministery of oil. One contract that is stil being negotiated is exxon mobil. It seems we are almost there.
1-30-2013 Intel Guru OCrush [via HopesAway] Lt. General Calsen is in charge of our units. For the past 2 weeks they have been coordinating the closer of ALL borders. This coordonation involves iraqi, kurdish, jordanian, hired military hands, UN and our boys and girls. C130’s have been flying in from Germany to supply the needed armaments for this coordination. This could only mean one thing, to protect iraqi’s interests as my brother said. Holy cows we are there. It feels like a dream but its really happening.
1-30-2013 Newshound Guru Adam Montana [Can you please explain why the banks have had a change of heart. Are there any new developments that we are unaware of?] I don’t think there has been any “change of heart”. All of these banks know they will trade the Dinar when it becomes tradable, but until then they don’t want to waste time on the phone and in person with people asking tons of pointless questions. So the “official” policy is “no dinar” – but the REAL intention is always to make money, so of course they will trade it when the value changes.
1-30-2013 Intel Guru OCrush Something urgent is happening in iraq. My cousin spoke to the new deputy of the oil ministry. (I didn’t know the old was replaced) There are changes that were made within the contracts that reflect a favor to its iraqi employees. There will be a notice on this changes at the appropriate time (within days) he told him. My cousin senses the revaluation will happen first before the budget is released. It seems companies are taking steps for the change. Also BIG military movements within Iraq. Don’t have details, my brother will try to call me later. Anything can happen at any time…expect surprises without any notice.
1-30-2013 Intel Guru SteveI The list goes on but the fact that it is not done is very clear, no budget means no money, period! Until this happens we can just all sit back and let the powers to be complete their mission. Why the budget has not been passed is fairly simple, a few blocs just could not agree. Now that they finally all agree…things will move forward quickly. I am extremely excited and confident in what we are sharing and what is about to happen. Ray and I …try very hard and spend many hours verifying what is being told to us from our contacts. Things will change very quickly after the budget gets final approval.
1-30-2013 Intel Guru SteveI As we near the end of January 2013, many things were in the works to have made this happen. Many things did, but not enough of them to release the new currency and the new rate. So here are a few facts that is known: 1. The Iraqi Budget of 2013 will be voted on Tuesday, February 5, 2013. 2. The United Stated Treasury is still in Iraq working with the Ministry of Finance. 3. The Iraqi Budget of 2012 and official accounts were closed December 31, 2012, so in order to draw funds from the 2013 budget it needs to be approved. 4. Iraq needs money now, not months from now. 5. Banking laws are in place and ready to go.
1-30-2013 Newshound Guru Adam Montana [When Parliament passes the budget for 2013, do you think that there may be a way to tell from the budget if they are planning to r/v soon , such as the size of the budget or places where they have allocated more funds?] No, not a chance. The budget will absolutely not tell us anything about the RV – that will be a completely separate budget based on a completely different rate.
1-30-2013 Intel Guru BWM IMO and again, this is an opinion…based on information that it would not happen during January…after that, we take it as the information comes…I’m still hopeful for february or I’d tell you otherwise. also, the “big” celebration in Iraq according to my sources had nothing to do with currency…it was several things of which the dinar was not involved.
1-30-2013 Newshound/Intel Guru Flashing check this, it is huge – Article: “Iraq Signs Maritime Navigation Deal with Kuwait: Iraq on Tuesday approved a deal with Kuwait regulating the use of a shared waterway through which most of Baghdad’s oil exports flow, which Iraq had accused its neighbor of attempting to cut off. Control of the Khor Abdullah waterway is one of several outstanding issues between Iraq and Kuwait…The agreement opened the door to discuss other unresolved issues between Iraq and Kuwait” Baghdad pays five percent of its oil and gas revenue into a special United Nations fund that pays compensation to Kuwait for its invasion and seven-month occupation of the emirate…be prepared because this rv is going to pop up very soon.