8-4-5-2012: Iraqi Dinar Guru guesses!!
8-5-2012 Newshound/Intel Guru BGG It appears the CBI is and has been ready to move for sometime now. They are busy getting the GOI on board. One thing to think about – most MP’s don’t understand the whole currency/economic impact…I wonder if, once they “get it” – will it have an impact on who they support. In other words, if they think not supporting Maliki will be radically helpful to the country (economically) – will they still be on board with his “power grab”?? There is quite a bit of anti-Maliki sentiment brewing again. Washington paid a high-end PR firm to do a massive pro-Maliki campaign a while back, but that seems to be wearing off as of late.
8-5-2012 Newshound/Intel Guru BGG it’s a currency. Once it becomes internationally tradeable – you won’t lose a penny (spread, premium or what ever).
8-5-2012 Newshound/Intel Guru BGG “An Important session today to vote on the Supreme Court Act” This is the “plugging of the dike” …I have a feeling once this thing is passed – Maliki will have lots less wiggle room after whatever happens to him politically. In either case, once they attach accountability “penalties” to Judicial misconduct (and limit the Executive branch access) – they will have the full attention of the Judicial branches.
8-5-2012 Newshound Guru Vic1 THE UNITED STATES TREASURY BOUGHT 150 MILLION(DOLLARS) WORTH OF DINARS A DAY FOR MONTHS PRIOR TO OUR TROOPS MOVING OUT!!! NOW WHY? ASK YOURSELF…WHY WOULD THE UST DO THAT?
8-5-2012 Newshound Guru Med WASTING TIME AND PROCRASTINATION ARE A PREREQUISITE FOR ANY MALE POLITICIAN IN IRAQ. NOW IT SEEMS WE ARE BECOMING MORE IMPATIENT HERE, BUT ALSO IT SEEMS THAT WHOMEVER WENT OVER TO IRAQ DIDNT ACCOMPLISH ANYTHING. IS IT ME OR IS SOMETHING WRONG WITH THAT PICTURE.
8-4-2012 Intel/Newshound Guru Poppy3 THE SIGIR REPORT REFERRED TO THAT COME FROM PEEPS, AGAIN THAT HAS ZERO TO DO WITH THE DINAR RATE…DOESNT COME FROM CBI WHICH WILL RELEASE THE RATE THEY HAVE APPROVED FROM THE IMF AND THEY ARE IN CONTROL OF…ALSO, NO ONE , NO COUNTRY, OR ANY OUTSIDE SOURCE HAS SQUAT TO DO WITH IRAQ’S MONEY AND MANY THINK O [OBAMA] IS THE HOLD UP. OH PLEASE, HE COULDN’T HOLD UP MY JOCK STRAP [POPPY3, YOU’RE MAKING ME BLUSH]. ALL HIM AND VP BIDEN CAN DO IS ASK AND OR SUGGEST AND THEY BETTER NOT TO THAT WITH ANY THREAT TIED TO IT.
8-4-2012 Newshound/Intel Guru BGG “Sadr renewed a call for project-confidence: a promise to my partners, that if they got (124) votes, I’ll be a complement to 164.” This is big news!! The opposition isn’t nearly as dead as everyone is thinking. It’s there, alive and well. If Maliki doesn’t get things rolling along shortly – they will wind up “interrogating” him in Parliament and much like the support shown for their “term limits” law (something like 200 MP’s out of 235 attending that day) they will enact their own version of term limits.
8-4-2012 Intel/Newshound Guru Poppy In September of last year, I spoke with a lady that was telling me she was the CEO of the corporation that manufactured 509 ATM machines and they set them up throughout Iraq, some were not connected to the banking systems at that time, but the ones in the Bagdad area that were connected were loaded with the lower denoms. The others were to be loaded when they were wired up. That answered the question for me…the lowerer denoms are there.
8-4-2012 Intel Guru Blaino intel has been drifting in all DAY…documents and additional paperwork ought to be caught up on monday. [What about Rates showing in major banks?] heard it 3 places, banker bill was able to refute IT… i have heard some very exciting stuff this afternoon [Friday].
8-4-2012 Newshound Guru Kaperoni The dinar that was sold outside of Iraq may never go back to Iraq. As we cash out, it will go into a liquidity pool and go into a central bank reserve. That’s the plan that will prop up the economy of the world currencies & world banks. The dinar will rise in time & will help the economies around the world.
8-4-2012 Newshound/Intel Guru BGG I am 99% sure the lower denoms are sitting in the CBI just like Shabibi said yesterday [Thursday].
8-4-2012 Intel Guru Soonerfan62 EVERYTHING IS GREAT AND ON TRACK. OUR BLESSING WILL COME SOON. PLEASE HANG IN THERE.
8-4-2012 Intel Guru BWM LOTS OF NEWS COMING OUT…everything is good…still trying to sort out the details but things are fitting together at least in the information flow.
8-3-2012 Intel Guru Checkmate I honestly believe that everything has been in place for a long time, too long. For it to be “done” for so long, something, someone is holding it up. A lot are saying is it going to happen? They are now talking about it in the news, Obama, Clinton, Shabibi, Maliki, many are talking about what is going on. There are serious situations happening globally. They really need to figure out how they are going to accomplish it. We are really close to this being over…they are really getting ready to pull the trigger on this.
8-3-2012 Intel Guru Gary it is in the system and it will be triggered…we do no know the specific time or the day, not even the peole in Iraq. This is a very large historical event…it will be well worth it when this is over with.
8-3-2012 Intel Guru Tony Things are happening, there were decisions made last week that popped some things to happen. The UN is meeting today that is going to pop some things to happen. The banks had meetings yesterday and the day before yesterday, they were excited, hoping this is the day! They are being told to be prepared today. We are still hearing everything is in place, Iraq has everything in place, they know who the 3 ministers are, all is done. They are just waiting on what day to make the announcement. This is coming to an end.
8-3-2012 Newshound Guru Arthur [referencing article] If you ever wanted to see any article that tells us they have to add value to their currency this is it…international world currency about to happen, thats really coming out and saying our currency will have to have value in order for that to happen..that is as concrete of an article – statement of a pending RV that there is that anybody can say. Iraq themselves and real events happening within their banking system that point blank lets us know that they have to have value to their currency and that currency is pending soon because they are actually making these moves right now.
8-3-2012 Newshound/Intel Guru BGG “Maliki’s coalition demands deduct the percentage of damage to stop the export of oil from the budget of the region” This isn’t all about the oil. However, the Kurds not getting paid certainly exacerbates the situation when Baghdad goes characteristically late (by months/years) paying their bills. The Kurds have extended the “olive branch” in offering a “limited run” of oil subject to increases based on Baghdad’s paying as they go. Immediately these moron MP’s start in with the “posturing” to make it sound like the Kurds are on some kind of “probation” and subject to “budget penalties”. They can’t be penalized from something you weren’t paying them anyway?!?
8-3-2012 Newshound Guru Kaperoni This week can best be summed up as ‘laws, laws, laws’ as the Iraqi Parliament lines up and passes in excess of 100 laws. Articles also support another 70 laws in the coming days including some significant ones such as HCL, ISX, CBI and others.
8-3-2012 Intel Guru Amadden the call was…more of a confirmations of things that have been put out, he said that there will be at least 3 more meetings over the next week and he feel strong that after these meeting, they will start in on the RV. He expects it sometime in the last two weeks of August, but it could go any time before, but feels more strongly on the last two weeks of August. The word he has it will not go pass September 1st. He also said that everything that had to be done in Iraq has been accomplished as of yesterday. And that the powers are all within the powers of the CBI’s banks, and other things that are involved with this Pyramid type thing call the plan of the RV. He is very excited and says we are at the end of our ride, so please treat as rumor until we get the word.
8-3-2012 Newshound Guru SWFloridaGuy Iraq is a unique situation, therefore the rules do not apply. What we believe Iraq will accomplish is a 100,000% increase. However, let’s not simplify this. […”Full post will be sent to members via email…too good to miss…keep your eye out for it. If you’re not a member get signed up in the blue box above.”] [post 4 of 4]
8-3-2012 Newshound Guru SWFloridaGuy I want to start by saying RV, RD, RI, I have no clue. I can only hope for the best. We continue to see the GOI stratagem toward reform (which would be the optimal solution for investors). The more I study macroeconomics, the more I understand the Lopsters argument. If you solely look at historic large currency appreciations, even a 20% increase, runs the risk of having negative long term effects. A 100,000% increase is not even something regarded as possible by most economists. [post 1 of 4…stay tuned!]
8-3-2012 Newshound Guru SWFloridaGuy However, what the Lopsters fail to recognize is the fact that Iraq is a very unique situation. The value for the IQD is still there. Iraq was devalued due to a war strategy (have yet to see proof from a Lopster that it wasn’t) and the U.S. has been in control of the reconstruction from the start. I believe Iraq will revalue and the real questions are – how high, when and by what mechanism? Several incremental adjustments (to get us to 1 to 1 initially) would be what I prefer. That would ensure that the large notes retain their value. [post 2 of 4…stay tuned!]
8-3-2012 Newshound Guru SWFloridaGuy If they go to 1 to 1 initially or just higher, that would be something the world has never seen and the best case scenario. Eventually, I think Iraq will have the strongest currency in the M.E. but only over time. The IQD is a pegged currency, not one that is actively traded. The CBI sets the value, as they did from 1189 to 1166. What I would prefer to see is a move to 1000 (between Sept – January) prior to on par with the USD. Iraq has to have a stable and improving economy and manageable monetary supply in order to improve their purchasing power. [post 3 of 4…stay tuned!]
8-3-2012 Intel Guru TerryK THE MAN HIMSELF [SHABIBI} HAS BEEN TALKING ABOUT THE RV. THIS LOOKS LIKE IT MAYBE ALL BUT DONE TONIGHT [THURSDAY], ALOT OF STUFF GOING ON. this guy who is way up the totem pole just told me…china is pushing this hard…we could see this as early as tomorrow [Friday] but highly unlikly. [Shabibi] has to work a couple of things out with kurkistan then this is complete.