3-4-2013: Iraqi Dinar Guru guesses!!!
3-4-2013: Iraqi Dinar Guru guesses!!!
3-4-2013 Newshound Guru Mountainman Article quote: “the Central Bank towards enhancing its gold reserves and reduce dependence on the dollar is a positive step and will support the national economy and the Iraqi dinar. And the reports of international organizations, noted that Iraq resorted to storing gold to strengthen reserves of gold and cash reserves of the dollar in order to maintain his property and stability of the Iraqi dinar exchange rate.” Iraq has a huge amount of gold reserves and is planning for a future independent of the USD as the global economic crisis continues to get worse. They want to have a strong national currency and are also working on the tariff issue as they apply for WTO membership.
3-4-2013 Intel Guru Delta …GOT A CALL FROM MY CONTACT INSIDE THE PARLIAMENT THAT THE VOTE SHOULD TAKE PLACE AROUND 1:00 PM IRAQI TIME. IF THEY DON’T PASS IT TODAY… IT WILL BE A BIG MISTAKE.. THERE IS SO MANY ANGRY PEOPLE RIGHT HERE CAMPING AND WAITING…
THEY SAID THEY NEED ANOTHER HOUR…WOW THEY ARE WORKING HARD. NO NEWS YET!!
3-4-2013 Intel Guru Frank26 In 2002 the IQD was 3.22…2008 MoP/MoF told GOI 1.18 was not going to do it for the budget so they turned in 3.2108 and told them to add 20% more to it via delays…Making it 3.86 that needs 10% more IMO due to further M’s selfishness … Making it 4.25 today and tomorrows to come. This was an RI that has blossomed into an RV. I think. IMO, Tuesday may be our last day of un-masking. Or more valuable info for us all. [you have said in the past “In the still of the night”] Those words came up twice on some long phone calls today. IMO, Between 2 am est to 4 am est…CBI site.
3-4-2013 Newshound/Intel Guru BGG Article: “MP: There is no agreement to pass the budget tomorrow. [Monday]” I wouldn’t get panicked just yet…let the tend (in info) develop. Like I always say…On the other hand, I kind of doubt it gets done – but it won’t surprise me either way? I suspect it gets delayed until there is at least some final decision about Maliki (which could come at any minute). Which is far more important than the budget at the moment…
3-3-2013 Newshound Guru L.J. U.S. DECIDES TO KEEP IRAQ UNDER CHAPTER 7…SO MUCH FOR NEWS SAYING KUWAIT IS COMING TO IRAQ TO EASE CHAPTER 7 FOR RELEASE. KURDS AGAIN, WILL NOT VOTE ON THE BUDGET IF IT DOES NOT CONTAIN THEIR CONDITIONS. STATE LAW SAYS THEY HAVE A MECHANISM TO VOTE ON THE MAJORITY OF THE FEDERAL BUDGET…AGAIN A PIECE MEAL VOTE WILL MORE THAN LIKELY NOT PASS BUT WE WILL WATCH TOMORROW. AT 5:59 PM BAGHDAD TIME STATE LAW’S KANANI CONFIRMED THAT “NO” AGREEMENT TO PASS THE BUDGET TOMORROW. HE HOPES THEY VOTE ON IT BY USING VARIOUS OPTIONS, AGAIN DOUBTFUL…BUT WE WILL WATCH.
3-3-2013 Newshound Guru L.J. NATIONAL ALLIANCE WANTS TO VOTE ON THE BUDGET AS IS…PIECE MEAL…THEY ARE ASKING PARLIAMENT TO VOTE ON WHAT CAN BE PASSED AND DETERMINE THINGS LIKE – KURDISTAN’S MANDATE TO PAY THE OIL COMPANIES IN FULL – FOR A LATER DATE. KURDISTAN REJECTS AS THE DO NOT TRUST MALIKI AS HE HAS FAILED TO COMPLY WITH PAST PROMISES. IN ABOUT 12 HOURS WE WILL SEE WHAT THEY DO REGARDING THE BUDGET.
3-3-2013 Intel Guru Frank26 If this budget fails us once again and we do not see a rate in it by Tuesday?…or let’s say by the end of the week…I still will not give up hope. There are just too many bridges that have been successfully and miraculously built with Kuwait, the government of Kurdistan, investors, world banks technology, ISX international advancements along with a slue of other powerful reasons why this budget cannot fail so many!!! This monetary reform is for the citizens of Iraq for many reasons not just monetary value. So, be strong and then be ever so stronger with whatever results come about from now until the end of this week concerning the 2013 budget and its phantom rate.
3-3-2013 Intel Guru Frank26 I feel we are in the Omega of our investment…It’s been quite a journey and I pray with all my heart that this budget which they will vote on tomorrow will reveal to us what Shabibi has prepared for it. A new value that returns the Citizen’s buying power as it used to be in the 80’s and 90’s. It is going to be a historical budget…IMO requiring a historical rate and not the program rate that they have been using to limp along with for over a decade now.
3-3-2013 Intel Guru Blaino So, as the “dye-nahr” settles into it’s new role as a leading currency in a brave (mebby) new (possibly) world of possibilities, we remain attentive and expectant for our intel to develop and perform as specified! Banks are prepared, we are ready (we think!) and the dinar is way OVERDUE…Rate expectations are holding as far as we can tell on a sunday afternoon and updates will be looked at closely as they develop and get reported.
3-3-2013 Newshound/Intel Guru BGG Iraqi sources: Nouri al-Maliki “stole” $80 billion. If this turns out to be true – and I suspect it is. Al-Maliki will really have made some important people very angry. For instance… 1) The Iraqi people. 2) The UN for helping Iran evade sanctions and trying to buy his way out of these demonstrations. 3) Whoever is behind the CBI – which is supposed to be independent entity much like our Fed Reserve (a privately held Corp). He essentially stole this gold from them. 4) The US for aiding an enemy of peace in the Middle East (and a potential nuclear power). 5) Most of the other Arab countries for reason number 4 – only more so.
3-3-2013 Newshound Guru Tlar Maliki is a crook for sure but I think this article saying he has stolen 80 billion worth of Iraqi gold and given some to Iran is pure crud. He for sure has tried to help his “home land” Iran, and has been successful in many ways in doing so. Stealing 80 billion in gold from Iraq is not one of them if the articles we have seen up to now are to be believed. I notice nobody is taking claim to this accusation. Its the way of the Iraqi’s. Start a rumor based on half truths to support a particular agenda. Oh, and his days ARE numbered. December 31st is the final backstop if all else fails.
3-3-2013 Newshound Guru Tlar Article: “Mareb press: Iraqi sources: Nouri al-Maliki “stole” gone b $ 80 billion” Iraq’s currency reserves 70 billion are being held for safe keeping in New York by the Federal Reserve at the request of the US government. Iraq has some gold but not 80 billion dollars worth. They never have had that much gold. At last count they had approximately 1.5 billion dollars worth or there abouts in gold having just liquidated 33% of their holdings. This is a wild accusation.
3-3-2013 Newshound/Intel Guru BGG [are we still thinkin within this month?] I haven’t changed my mind – if that’s what you are asking. What I said was – very plainly – a couple of weeks ago… it was my humble opinion that depending upon whether Maliki chose to make good on his end – and if he didn’t (which I fully expect from him)…how aggressively they move against him – we could be 30-45 days away from an RV. The clock started ticking on that comment a couple of weeks ago…generally, I believe this to be an accurate portrayal (at this point)…and I might even add I get the sense they intend to move on him in a most aggressive fashion – so I think we’re good.
3-3-2013 Intel Guru Blaino We “have” to be CLOSE…All the signs and intel say SO…Banks say we are good to go in their opinion.
3-3-2013 Intel Guru SteveI Great news. Yes, the budget is now in parts with several addendums or additions. They will vote only on the general budget and pass it, then they will if they have time start voting on the other. If it does not get done, they will continue voting on them at a later date. I also found out that the rate is a bit higher because it is not based on $95 per barrel of oil. Huge news if you ask me.