8-14-2012: Iraqi Dinar Guru guesses!!!
8-14-2012 Newshound Guru BGG More good news…Saleh and a delegate from Kurdistan came to Baghdad Sunday (I think?) and met with Maliki yesterday. It is reported their intent is to stay in Baghdad until the arrival and announcement of a “National Meeting” by Talibani.
8-14-2012 Intel Guru Dinar Wishes things are still moving along…this is a much bigger job then they EVER anticipated…But, progress IS being made for the completion of this Event…Yes I said Event because NOTHING like this has Ever been done in our History as a Nation…Not on this scale…Get your plans in order.
8-14-2012 Newshound Guru Mailman17 1ST ARTICLE I WANNA MAKE MENTION IS THE ONE REGARDING THE INTENTIONS OF BRINGING OUT THE NEW NOTES THAT WILL HAVE A RATE OF 1-1 IN JAN OF 2013 BUT THEY WILL REMOVE THE ZEROES OF THE OLD NOTES. HOW CAN ONE INTRODUCE A NEW CURRENCY THAT WILL HAVE A RATE OF 1-1 MEANWHILE REMOVING THE 3 ZEROES PRIOR TO THAT. TIMING WISE…I PERSONALLY DONT THINK THEY MEAN REMOVING THE ZEROES A WEEK BEFORE OR A DAY. I THINK ITS A LOT SOONER THAN THAT. [post 1 of 6…stay tuned!]
8-14-2012 Newshound Guru Kaperoni As we begin the week, continued economic conditions in Iraq become a priority. Economic laws are lining up for the end of August. Some progress politically also seems to be in sight.
8-14-2012 Intel/Newshound Guru Poppy3 information today again shows deals being made daily behind closed doors. All are directed at solving different problems or crisis. This information is all in our favor and is giving me much confidence that they are attempting to be ready when the National Conference does take place, they will have many problems completed…Reason for the Maliki meeting today with the IMF is not confirmed but it would only have to do with money period…Stand strong…the blessing is coming our way.
8-13-2012 Newshound Guru Vic1 Look, to much has gotten done! They are hitting completion dates…quickly! NO NEED TO STRESS! We are in That OPTIMUM Position!
8-13-2012 Newshound Guru SWFloridaGuy There are many powerful governments, corporations and organizations that are all heavily invested into Iraq and looking to profit from this wealthy country as well. I do believe eventually Iraq’s currency will recover. The only questions we have are the recovery duration and by what mechanism they will achieve this. If all the reports out of the CBI lately are true, we don’t have that long to wait. One way or another Iraq will be added to the history books in 2012 and my money is on this being a historic appreciation shock. [post 2 of 2]
8-13-2012 Newshound/Intel Guru BGG More news about the return of Talibani and what is in store for when he gets back. Sounds like the Kurds are headed to Baghdad right now to wait for the return of Talibani and get going on a deal. [Article] also mentions them “carrying the terms of the Arbil agreement with them.” Oh – by the way – there was also another article out today mentioning…Salih…meeting with Maliki either yesterday or today.
8-13-2012 Newshound Guru Kaperoni So here we see again that the CBI is ready. And this time they gave a detailed explanation of the project and implementation phases. This is clearly progress!! And, IMO, tells us we are much closer to the RV than they are letting us believe. This kind of information must be well guarded. It is the plan! The CBI knows there are loose lips throughout the GOI. So you decide…now that Shabibi has provided a detailed explanation of the project and implementation phases, how much longer can they wait? [post 2of 2]
8-13-2012 Newshound Guru SWFloridaGuy I …believe that just as the IQD didn’t get to their current value alone (UN imposed), they can’t recover alone either. I believe this is all part of a well-orchestrated plan and while the IQD will not be the world’s savior by any means, it does present a unique opportunity to rebalance the system allowing the Central Banks to use this currency as an adjustment tool or stimulus during this global financial crisis. In this respect a significant revaluation somewhere on par with the USD gains a bit more tenability. [post 1 of 2…stay tuned!]
8-13-2012 Newshound/Intel Guru BGG “It was agreed during a meeting with the Legal Committee to form a joint committee made up of ten members to gain access to the mechanism of consensus to approve the law of oil and gas.” This is FABULOUS NEWS – they have been back and forth on this Oil and Gas Law (HCL) off and on since 2004 sometime. If they are actually serious about finishing this off anytime soon this is truly huge news!!! They haven’t even talked about this for months and now – BAM!!
8-13-2012 Newshound Guru Kaperoni The CBI is calling out the GOI. Either accept the free market economy and the benefits of that, or return to a central system in which the GOI would control all major sectors of the economy and formulates all decisions. In other words, enough stalling, enough procrastination, enough excuses! “The CBI sent a letter to the financial and economic committees in the House of representatives expressed its readiness to apply the draft three zeros from the currency be deleted during the next year and contains a detailed explanation of the project and implementation phases for the purpose of discussion in the House of representatives and a ceiling to be applied.” [post 1 of 2…stay tuned!]
8-13-2012 Intel Guru Checkmate I believe Iraq has nothing to do with this now. Dr Shabibi being on news in past saying RV will happen at such a time…and so has Maliki…& it didn’t happen…i don’t think they have had anything to do with it for a long time. I still believe we are at the end of this because I am watching the economy…i positively believe we are waiting on a further collapse of the economy. I BELIEVE that this will happen and because of whats going on I BELIEVE it will happen SOON.
8-13-2012 Intel Guru Tony Going back to the beginning, we have heard a lot of things and seen a lot of things. And while a lot was baloney there was little pieces of truth in all of it. Just like there is today. The whole middle east has changed. This is a moving target. All pieces have to fit in order for this to work. We’ve learned a lot of things over the last 2 years. I did get a call…the meeting went well in Iraq and that we should look for some kind of announcement…hearing after Ramadan…still trying to conclude this month.
8-13-2012 Intel Guru Gary we have finally admitted it, we are confused…the news is constantly changing…we’re just waiting for the call saying it RV’d…lets wait to see what happens over the next couple days.
8-13-2012 Newshound Guru SWFloridaGuy what we know is Iraq is a solid investment. The new currency is going to be introduced, the zeros will be removed from the nominal value and the exchange rate will be raised. What we don’t know is the timing, we shouldn’t pretend to or require that of others. It’s going to happen it’s just never been on our time-frame. I really do believe whatever the CBI is planning to do will happen in 2012. We all recognize this potential or we wouldn’t be here.
8-13-2012 Intel Guru BWM I have spoken on the phone to some ppl whom I never, ever thought I would converse with on the phone (a simple man in Mississippi doesn’t expect to speak with certain gov and ex gov officials) the very idea that they would discuss the dinar just totally pumped me up and made me think “wow, this is the real deal” and they even gave dates during that time when they expected it too happen but they have admitted that dates have come and passed and they have no good reason many times to why it didn’t happen…these were ppl whom I thought should know. So where do we turn if these ppl you trust to know can’t get it right. Well, you have to consider ALL the information because at this point no one person has been right.
8-13-2012 Intel Guru BOBGETZ6 I am here this morning because I dare to dream and am invested like all of you. I truly believe that we are close on this, but there has been a lot of things behind the scene, which needed to be cleared up for OUR security as well as the entities that will be handling the eventual revaluation and exchange.