8-21-2012: Iraqi Dinar Guru guesses!!!
8-21-2012 Newshound Guru Doc We are rapidly ending the Ramadan/fest time and the news on the surface appears favorable. The political factions appear once again to be playing nice and have reported several agreements in place or in works including the currency reform and Ebril issues. We still see Maliki as the wild card and the fact he apparently was cutting illegal side deals with Iran further cements our opinion. Our best guess here is the UN will come down hard on him and basically tell him get on board or get out. If this is true we will get extremely excited. We tell tell sign it is true would be these issues being ratified in Parliament very quickly. When we see this we contend the party is quickly approaching. Until then we’ll watch Maliki very closely to see how hard he pushes back. We report, you decide.
8-21-2012 Newshound Guru Randy Koonce Don’t worry about Iran, if we thought it was a big deal, we would have stepped in already. The big guys cashing in & and an in country RV are BS. We are waiting for Talabani to come back, nothing will happen until he does. When he shows up there will be a National Conference. Talabani, Maliki, Allawi & Najafi all need to be there. Shabibi will not do anything until the power sharing is taken care of and when they show the Ministers are in place by law & then it will be over in 2 – 5 days, max.
8-21-2012 Intel Guru Checkmate I am hearing that we will see it before Sept 1st, I personally believe that this is baloney because just from experience, it has been so far. I am still encouraged that this is not going backwards. I know it’s about to revalue, but I also know that it could go into Sept., but if you own dinar, don’t get out, it’s going to take place. I still believe very strongly in where we sit, but I don’t see it in the next 30 days.
8-21-2012 Newshound/Intel Guru BGG “Talabani first meets with Barzani after returning home” This is the lead story for the day and likely the only one that matters. This is a very critical meeting because Barzani is the last piece to the puzzle. I think it will likely get done though. No matter how much Maliki p!sses Barzani off – Barzani can’t risk a civil war over a personal gripe. The Kurds will all be lots better off in the long run if he goes along with this “Council”.
8-21-2012 Newshound Guru SWFloridaGuy It’s just been a struggle to reach this point. The crisis seems to have been averted and the blocs have reached an agreement on reforms. They are simply waiting for Talabani to return and the end of the Eid Fitr feast. At that point we should see a National Meeting, Ministers and the reforms (amended Erbil agreement) implemented. The CBI is ready to make their move and the GOI is also ready. Up to this point though,…I was very frustrated but the tide has turned. I’m very encouraged by this.
8-21-2012 Newshound/Intel Guru BGG I am expecting Talibani to show up (as I have been saying) sometime later this week (if all goes well) and things to move very quickly after that.
8-21-2012 Intel Guru Blaino Maliki has been busted. Was he really? He was working on some deals with Iran apparently involving money, funneling funds in U. S. dollars. Ban Ki Moon is apparently there. Is he there to smooth things over or is he there to impose sanctions on them? This looks bad, but maybe this is a sting operation, maybe this whole thing has been engineered? Also, sources are saying that Iraqi TV was showing people exchanging paper money for coins & using them in the markets & they were excited. There was also a clip of what could be the initial motions of the National Conference. We did hear of some military vouchers a while back. A military girl that was returning from there on leave had to turn all of her’s in. The rate I have been hearing is between $4 and $5 and that is exactly what she was given. Nothing makes me come off of alert level 5+. I think we are right there at T-X seconds, maybe a couple of little delays.
8-21-2012 Newshound Guru Breitling What has come up is Iraq is involved with Iran. Maliki is definitely business partners with Iran, selling oil, it is expected. Will this affect us, no. But, we didn’t know to what extent. If they are helping Iran, our enemy, he will get spanked & he is going to get spanked very hard. Does it affect us timewise, it could, short term, it might. Something to watch out for.
8-21-2012 Newshound Guru Med THIS IS WHAT I MEANT BY STABILITY. IRAQ HAS VIOLATED UN SANCTIONS AND THEY THEMSELVES ARE UNDER SANCTIONS STILL, MALIKI BY FUNNELING U.S.D. TO IRAN AND THEN IT HURTING THE CENTRAL BANK, AS WE ALL KNOW IT DID AND SHABIBI DIDNT KNOW WHY, TURNS OUT HIS OWN PM WAS THE ONE WHO HELPED DO IT. IF IRAQ PISSES OFF THIS OR ANY ADMINISTRATION, WE WONT SEE THE BAN LIFTED. THE DINAR CAN HAVE ALL THE ASSETS BACKING IT IT WANTS BUT IF IT IS NOT ACCEPTED INTERNATIONALLY IT MEANS SQUAT. REMEMBER, WE HAVE TO BE ABLE TO CASH IT IN. [Post 2 of 2]
8-21-2012 Newshound Guru Med SOMETHING IS BOTHERING ME AND I AM A BIT CONCERNED. I WANT TO SEE HOW IT IS HANDLED AND HOW IT EFFECTS RELATIONS BETWEEN THE U.S. AND IRAQ AND IRAQ AND THE U.N. CUZ IT COULD. SEE MALIKI GOT AWAY WITH IT FOR ALMOST 3 YRS. MALIKI WAS FUNNELLING MONEY TO IRAN AND ALSO MALIKI GRANTED IRAN AIRSPACE OVER IRAQ TO MOVE 13,000 TROOPS TO SYRIA TO HELP THE SYRIAN GOVT OVERTAKE THE PEOPLE. THE U.S. MEDIA FOUND OUT AND THIS IS ALL AGAINST THE UN SANCTIONS. IT CAN MAKE THINGS BAD…FOR US.
8-20-2012 Intel Guru BWM I have several time frames I was given some time ago… the main one started today… so I’m watching for things to unfold.
8-20-2012 Newshound Guru SWFloridaGuy the debate about what the holdup is should be over. Straight from the CBI’s mouth they are waiting for the crisis to be resolved and the reforms implemented, just as we’ve been saying all along.
8-20-2012 Newshound/Intel Guru BGG “Parliament is preparing to interrogate al-Shahristani, after the feast and the Committee on Energy recommends his dismissal.” This may be the most interesting piece of news today. If they boost Shahristani – Maliki might well not be far behind him. This is bad news for the Maliki Gov’t. Shahristani was a staunch Maliki appointee (he is a rough character though – it’s good for Iraq). The main reason it is likely he loses his job – he’s jacking with their oil revenues. It won’t surprise me if they “trump up” some charges on him. It happens.
8-20-2012 Intel Guru Tony If in fact the lower denoms are out on Sept 1, that means you have an RV, they are worthless without an RV. If that is the plan and if that is the schedule, yes, then they have hit the target. I have info of a schedule of events of the next couple of days that is confirmed. I also know that things can change, but things look really good, really good news. It’s a good month.
8-20-2012 Intel Guru Tony We were waiting for the end of Ramadan. We are waiting on announcements between now and the end of the month. Agreements are in place, proof of those agreements have been coming out all over. They already have an announcement schedule, they already have a television schedule over there, a lot of people already know what is being said and done. Looking for the rate to be above $3.22, $3.50, looking for a good, good rate. My belief is the Dong will RV with the IQD and you will be glad that you made that investment. I’m excited, their excited.
8-20-2012 Intel/Newshound Guru Poppy3 More than one group is pushing to get the HCL completed and activated. I am one of few that knows it is very important for the sale of their oil and their economy yet I don’t think it is necessary for the RV. I think the Ministers, Erbil and 140 are our key details.. Even though Dr Shabibi has included it in his things that need to be done, I don’t think if all the others were implemented it would hold up the RV. TIME WILL TELL SOON.
8-20-2012 Newshound Guru SWFloridaGuy Article: CBI: The project to delete the zeros will pass after the end of the political crisis. The CBI announced announced that the project to delete the zeros will pass within the House of Representatives and Minister after the end of what he called “political storm.” Saleh said the project to delete the zeros will pass within the House of Representatives and that all the blocks are in agreement on its importance and relevance for the Iraqi economy. A national project such as deleting the zeros of interest to a lot of officials and advisers will not be neglected, noting that the next phase will see the final approval.
8-20-2012 Newshound/Intel Guru BGG Here’s just a few of the things they have planned for right after “the feast” – the Erbil agreement, Article 140, HCL, Security and Defense Ministers announcement, a National Conference (upon Talibani’s return), The Supreme Judiciary Law and the Amnesty Law…(that I can think of…All of which get kicked off after August 23rd).