3-14-2013: Iraqi Dinar Guru guesses!!!
3-14-2013: Iraqi Dinar Guru guesses!!!
3-14-2013 Newshound Guru Eagle1 It is a complete reversal of the kind of banking management and protocols we have seen during the past decades. This requires — in part — that the central banks of the participating nations derive their currency values based on the relative asset base of each country. In a recent report by Ernst & Young (the same financial firm that does the audits for the Central Bank of Iraq) published late in 2012, they state that many international firms which have moved abroad (in order to avoid negative consequences) are returning to their home countries in order to tap new funding sources and retail banking because of Basel III implementation. These new funding sources and retail banking opportunities are/and will be the product of revalued national currencies.
3-14-2013 Newshound Guru Eagle1 We’ve been talking about Basel III (The Global Currency Reset [GCR]) for several weeks, and the fact that there are some 168 currencies due to undergo restructuring of one kind or another. A fair number of these currencies are going to revalue — some rather significantly — in the coming weeks and months, and a fair number will devalue (some quite significantly). Within the last couple of weeks, Christine Lagarde (Managing Director of the IMF) announced a basket of some 15 currencies that would be restructuring within the immediate future. One of the aspects of this GCR that is significant, in my opinion, is the transition away from debt management to asset management.
3-14-2013 Intel Guru Frank26 It’s a GO GO GO. Yes indeed as we have been sharing from TEAM “I” for over a week now. Then Articles proved in the last 3 days that YES, Markets are dumping USD’s with purpose AND That Iraqia TV started telling CITIZENS as of This past Saturday that the POWER of THEIR IQD would go up. BUT !!! To see Your Team now verify this, Well I can only re-peat myself: DONE DONE …..TA DA !!! :
3-14-2013 Intel Guru Delta URGENT URGENT URGENT FROM IRAQIA TV: CBI ANNOUNCES NEAR NEW DECISIONS TO REDUCE THE HIGH RATE FOREIGN CURRENCY. THEY ARE SAYING THAT THE EXCHANGE RATE WOULD CHANGE AND WOULD BE DIFFERENT FROM THE CURRENT PRICES OF FOREIGN CURRENCY AGAINST IQD. THE CBI IS ABOUT TO INCREASE THE VALUE OF IQD. THEY ARE WARNING ALL DEALERS AND CURRENCY EXCHANGERS IN IRAQ TO BE READY FOR THE CHANGE.
3-14-2013 Intel Guru Goofball WHAT IF I TOLD YOU I HAVE A TEAM THAT HAS 5 CONFIRM’S THAT THE RATE IS ON THE SCREEN’S. WHAT IF I TOLD YOU WE WILL EXCHANGE IN THE MORNING [THURSDAY]. THIS IS FOR REAL. HAVE GOTTEN LIKE 7 CALL’S THIS AFTERNOON TELLING ME THIS. IT’S FROM A SOLID SOURCE. THEY GOT IT FROM THE HORSE’S MOUTH. BUT ALWAY’S TREAT AS RUMOR…DAMN GOOD ONE AT THAT.
3-13-2013 Intel Guru SteveI My thought was OK, something is going down pretty soon to react like this and it must be pretty darn important to act this way. Let’s just let the powers to be do their job and get this mission accomplished. I think next week could be very exciting regarding many laws and the release of the budget of 2013. Time will tell…
3-13-2013 Intel Guru SteveI By the way, information is getting very hard to come by and things are being kept very secret. Our contacts at telling us that they have never seen this level of keeping things secret. One other bit of news, a very good contact in our US government will no longer take my calls and I was told that if anyone in their department discusses anything about Iraq they will go to prison for a very long time.
3-13-2013 Intel Guru SteveI [We all know from article 31 the 2013 budget is retroactive as of Jan 1, 2013 once its published] There is one reason and one reason only for the importance of making this retroactive as of Jan 1, 2013 once its published. If there was no rate change then it would not matter and they would simply open it (budget that is) and start paying it (disbursements). I believe this to be a huge bit of very positive information and very telling as to why all of this is starting January 1st.
3-13-2013 Newshound Guru Adam Montana [who determines when the IQD is a world-wide tradeable currency?—IMF, WTO, UST, C.B.I.?] The Dinar already is a world-wide tradable currency – any bank that wishes to trade it can do so. There is no rule that states it is NOT a “tradable” currency… at this time, most banks simply CHOOSE not to trade it. Once the rate goes up, we will obviously see banks changing their policies regarding the Dinar.
3-13-2013 Newshound/intel Guru Eagle1 The number of people that will double dip with the dong is minuscule its microscopic comparatively speaking I don’t think they are fretting about that…I’ve been told that the word out of the UN and the IMF we are permitted to double dip with the Dong. I’m hearing the Dong is either weeks or months away but they might spring a funny on us! Other news from hear from 3 separate sources tonight that Wells Fargo has called a foreign currency meeting in the morning [Wednesday]. This is the first time I’m told by our friends at Wells Fargo…they are openly acknowledging the Dinar.
3-13-2013 Newshound/intel Guru Eagle1 basket of currencies will only have around 12 to14 currencies in it…Dong will not be in the basket…because it will be to great of a shock to the world…major rv with Dinar…followed by 3 or 4 currencies lesser devaluing this could happen a few times…this is my opinion not something I’ve been told. [So they are going to allow us to double dip is what it sounds like?] in a sense…But you realize People that own the Dinar and have purchase the Dinar over the years numbers in the millions.
3-13-2013 Intel Guru OCrush This is the latest. The oil minister has qualified some oil companies to bid in an area about 200 miles south of baghdad. They are, china, india, russia, japan and france. A couple of months ago my cousin said when the bidding process starts again, the hcl will be in full swing. They have not determined the day of the bid yet but it is close to be announced. He believes next week. Also the UN will have a vote on the remaining issues on the 21st of March. Getting closer.
3-13-2013 Newshound Guru Adam Montana At the end of the day, the fight for more territory will continue probably forever. But while Iraqi Kurdistan is using the Iraqi Dinar, and while the Central Government in Baghdad has the final say on international matters… “Kurdistan” will be forced to go along with the rate set by the CBI. And that is good for us. ok, hopefully that helps everyone understand how “Kurdistan” works and how the HCL is tied to this in so many ways.
3-13-2013 Newshound Guru Adam Montana Now since “Kurdistan” is actually a region that expands into multiple countries, and the “line on the map” is not exactly defined… obviously the Kurds want to push the line out and the other countries want to push the line in. Herein lies half of the issues that make up our famous “HCL”… depending on where that line is drawn, the Kurds should be entitled to more or less oil revenues. Now that we understand that Iraqi Kurdistan is it’s own region, but still part of Iraq, we can address the real issue… who is in charge of the rate of the Iraqi Dinar? IF it was up to the Kurds, or if they even had an equal say in the matter, then we would be in trouble. This is not the case.
3-13-2013 Newshound Guru Adam Montana This week I would like to *attempt* to explain some things about Kurdistan… the “devil is in the details”, as they say, and the more you know about a subject the easier it is to understand the news surrounding it. When we as Iraqi Dinar speculators talk about “Kurdistan” or the HCL, we are actually referring to “Iraqi Kurdistan”. Kurdistan itself, however, is actually more of a “region” than a defined country. Kurdistan extends into Turkey and Iran, and is defined more by culture than by actual “lines on a map”. This is where it gets tricky….The Kurdistan area in Iraq has constitutional authority to have their own government, and to make their own laws. BUT the authority stops when it comes to International matters… that authority, even over the Kurdish region in Iraq, is left to Baghdad.
3-13-2013 Newshound Guru Shredd Article: “The Law of the Ministry of Industry conducted it set adjustments during past periods, but still needs further amendments conform with the policy of a free market economy.” When we see this phrasing…”free market economy”…we should really get excited because of what this will represent. In short, a free market economy is a local economy where supply and demand call the shots. The greater reality is the intervention by the government is rare. Here’s a big one…In a free market economy, exchange rates are not pegged (or managed) by the government but rather fluctuate based on the demand of the currency and especially in Iraq’s case, the supply of the currency. So in summary, the House is amending this law in light of the shift, or already initiated and in the process of, moving from a planned economy to a market economy. What a golden nugget of progress in this!!