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6-15-2012, IRAQI DINAR GURU GUESSES!!

6-15-2012 BWM if I had a quarter for every hour I was supposed to be at the bank I wouldn’t need an rv.

6-15-2012 Enorrste it is impossible to talk about a “raise” in the “value” of the dinar and talk about a LOP in the same sentence. A LOP is revenue neutral, whereas a revaluation involves a “raise” in the “value” of the currency. The removal of the large notes (remove the three zeros) does NOT affect the value of the currency. The RV (revaluation) which makes the small denoms have value (“about $1” per CBI statements) DOES INDEED raise the value of the currency. However, after the RV, those who have some of the large notes will benefit, because THOSE NOTES will also RAISE THEIR VALUE, only at the NEW value of $1 per dinar. The confusion for those who view this event as a LOP is that they have consistently misunderstood the meaning of “remove the three zeros”. They think that the zeros are just LOPPED off, when in fact the CBI is quite clear that the “three zeros notes” will remain legal tender at least until mid 2014, AND that they will retain their value as legal tender.

6-15-2012 Adam Montana tarriffs are extra taxes imposed on goods… they don’t signify an RV. One could make the argument that it would be silly to add extra tax on goods that are out of the average Iraqi’s reach in the first place, unless there was a plan to increase the wealth of the average Iraqi in the near future… but the tarrifs themselves have nothing to do with the value of the currency.

6-15-2012 Med GREAT FIND…FROM THE MAJOR NEWS SOURCE…THE VOICE OF IRAQ. THIS TELLS THAT THE CENTRAL BANK IS FIRST DELETING THE ZERO’S FROM THE NOMINAL VALUE, THEN THE GOVT AND THE PARLIAMENT HAVE DECIDED ON THE THEME FOR THE NEW CURRENCY THAT WILL BE ISSUED AFTER THE NEW EXCHANGE RATEIN EARLY 2013. THEY…HAVE NOT STOPPED WORKING ON THE VALUATION OR THE REPLACEMENT OF THE CURRENCY POST RV. WE CAN ASSUME THIS IS THE TIME LINE…6 MONTHS OR LESS. GREAT NEWS.
Source: dinarguru

Be the first to comment - What do you think?  Posted by MDV - June 15, 2012 at 8:24 am

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Najafi rejected a U.S. request to meet with Maliki

Najafi rejected a U.S. request to meet with Maliki

15/06/2012 07:57

Baghdad, June 15 (Rn) – The Office of the President of the House of Representatives Osama Najafi Friday rejected the U.S. request to meet with Prime Minister Nuri al-Maliki to calm the political situation tense. The American request in light of talk about pressure Iran also aims to end the political crisis and to maintain the Maliki as prime minister. Office informed the agency Kurdistan News (Rn) that “the national security adviser to Vice President Tony Pellnkn request of Read more…

Be the first to comment - What do you think?  Posted by MDV - at 7:22 am

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6-14-2012, IRAQI DINAR GURU GUESSES!!!

6-13-2012 Studley I BELIEVE EVERYTHING IS GOING VERY WELL, THERE HAS BEEN LOTS OF RESISTENCE TO THE PLAN BEING ROLLED OUT, THAT IS WHY THERE HAVE BEEN SO MANY DELAYS, THIS IS A PROCESS THAT IS VERY CLOSE TO CONCLUSION.

6-14-2012 Kaperoni “Raised the proposal to delete the zeros of the Iraqi currency.” This article is not good. It appears clearly in this article they are talking redenomination or LOP. I am not giving up hope, but this seems pretty compelling that Iraq may not be honoring the dinar at face value post redenomination. The best one can gain from this is 2X or 3X our investment if this is true.  Read more…

Be the first to comment - What do you think?  Posted by MDV - June 14, 2012 at 9:08 am

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6-13-2012, IRAQI DINAR GURU GUESSES!!!

6-12-2012 Scooter I think that shabs has three [rates] they’ve somewhat indicated these in the country reports two years ago from the imf there’s a low ceiling, mid ceiling, and high ceiling…the low would be under the .86 range the mid tier between 1.00 – 2.05 and the high upper two’s…but nevertheless — even the low the numbers wouldn’t work with the state of their economy right now, it will get there it’s just going take a bit more time…the reality is they can make their rate anything they want but they would have a heck of a time getting it accepted throughout the world. I think the longer he waits won’t have too much effect which option he chooses, IMO.

6-12-2012 Ray I…truly believe there will be an RV and it will be very soon. Shabibi has personally said this several times in public. A man of his character would not make these claims if they weren’t true. I know a lot about what is going on over there and all the preparations being made to RV the currency. The Iraqi people are being told daily what to do when it revalues and that they will be very happy because the dinar will be the strongest currency in the region.  Read more…

Be the first to comment - What do you think?  Posted by MDV - June 13, 2012 at 10:02 am

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6-12-2012, IRAQI DINAR GURU GUESSES!!!

6-11-2012 SWFloridaGuy I don’t expect a RV overnight but I do believe that after the National Meeting, if we see announcements of permanent Ministers, Erbil power sharing and the Strategic Council, the CBI will move ahead with their economic reforms and we could see a higher exchange rate on the IQD.

6-11-2012 BellaGrits I will tell you I had some awesome phone calls today all day…things are looking very nice in the dinar world, as they have been for quite some time…I have all good news headed in my direction…so, we just sit back and let this little RV run it’s course.

6-11-2012 Med EVEN IF THEY DID NOT GET THE 163 DOES NOT MEAN IT IS DEAD. THEY WANT IT PUT TO A VOTE ANYWAYS AND A SECRET BALLOT. THE BLOCS WHO WANT MALIKI OUT ARE BRINGING THIS TO TALIBANI AND THEY WANT PARLIAMENT TO DECIDE, NOT HIM, ON WHETHER MALIKI STAYS OR NOT. THEY FEEL…THEY WILL GET THE VOTES ON A SECRET BALLOT. THEY FEEL THAT MALIKI WAS ABLE TO INTIMIDATE…AND THAT IF HE DOESNT KNOW WHO DID IT THEN THEY WILL GET WHAT THEY NEED NOW. Read more…

Be the first to comment - What do you think?  Posted by MDV - June 12, 2012 at 10:08 am

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6-11-2012, IRAQI DINAR GURU GUESSES!!!

6-10-2012 Footforward I EXPECT THE VND AND DINAR TO GO AT THE SAME TIME, STILL LOOKING FOR A GOOD RATE ON THE DINAR, AND THIS CAN STILL HAPPEN ANY TIME. I DONT KNOW WHEN ITS GOING TO HAPPEN, ALL I KNOW IS EVERYTHING THAT MUST BE IN PLACE IS IN PLACE, AND IT CAN GO ANY TIME NOW.

6-10-2012 SWFloridaGuy “The Seattle Times reported that the Iraq president says the PM critics didn’t muster majority. Opponents of Prime Minister Nouri al-Maliki have failed to muster enough support to bring him down in a vote of no confidence, Iraq’s president said in a statement posted on his website Sunday. Last week, the prime minister’s opponents said they sent a letter to Talabani with pledges from 176 lawmakers in the 325-member parliament – or a dozen more than the 164 needed – that they would vote for the prime minister’s recall. However, Talabani said Sunday that the letter only has 160 valid signatures. He said 13 lawmakers informed him that they are withdrawing or suspending their signatures. Read more…

Be the first to comment - What do you think?  Posted by MDV - June 11, 2012 at 11:20 am

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6-10-2012, IRAQI DINAR GURU GUESSES!!!!

6-10-2012 Med IT WAS THE GOI WHO HAS STYMIED ANY PRIVATE SECTOR DEVELOPMENT, THEY HAVE STOPPED MAJOR INVESTMENTS AND MONEY FROM COMING INTO IRAQ, EVERYONE TRIED TO HELP IRAQ OUT OF THIS THE WORLD BANK THE IMF THE U.S., THE UN…BUT WE TURNED IT OVER TOO QUICKLY AND WE HAD NO EXIT PLAN…THAT WAS OUR OBVIOUS MISTAKE.

6-10-2012 FreewayBill It has been estimated by reliable sources that at this point and time, every day that it does not happen, the ending rate will be increased by 85 cents. If you put that into real numbers, that would be 850,000 for every million dinar you have. That is not such a bad fee for the torment and misery so many are going through. However, at this point, I am sure that almost all would gladly forgo the profiting period to just get this over with. Legistics is the holdup…Not Obama, Not Maliki, or anyone else. Once they have all systems in line, we will be going to the bank. Read more…

Be the first to comment - What do you think?  Posted by MDV - June 10, 2012 at 11:09 am

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UFO appears in the sky and the surprise of citizens in Amarah

UFO appears in the sky and the surprise of citizens in Amarah

Posted 10/06/2012 09:10 AM
Babinaoz (Reuters) – surprised the citizens in the Iraqi city of Amara (365) southeast of Baghdad on Thursday night June 7 appearance of a foreign object in the sky moving in a spiral of surprising, leaving behind a strange white cloud, and the smell of burning sulfur-like smell.

Director Onoa architecture Abdul Hussein in charge said that “the UFO began to appear as” of sections in the northern city of architecture at the eighth and fifty-five minutes and headed south through the path in the sky, and the time period between the appearance and disappearance nearly a quarter of an hour. ”
adding that Read more…

Be the first to comment - What do you think?  Posted by MDV - at 10:29 am

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6-9-2012, IRAQI DINAR GURU GUESSES!!

6-9-2012  Cap1  WE SHOULD BE DONE IN DAYS OR MAYBE HOURS, I DON’T HAVE THE TIME CLOCK BUT I KNOW IT’S CLOSE…SO VERY CLOSE.  KNOW THAT OUR TIME OF VICTORY AND COMPLETION DRAWS NEAR, WE ARE ON THE BRINK OF HISTORY.

6-9-2012  Blaino THERE WERE RUMBLINGS IN THE SANDBOX…MEDIA SEEMS IN A BIT OF A TIZZY AND FOLKS ARE ALL HEADING THAT WAY. STATE OF LAW COALITION IS NOW CLAIMING MANY OF THE SIGNATURES ON THE VOTE OF NO CONFIDENCE ARE FORGED, FAKED OR SOMETHING LESS THAN REAL.  SOMETHING IS ALSO HAPPENING IN THE MILITARY AS SOME RIPPLES ARE SHOWING UP WORLDWIDE. COULD BE SOME QUIET ALERT TO READY SPECIAL FORCES AND OR MILITARY SUPPORT TROOPS OR PEACEKEEPERS.  Read more…

Be the first to comment - What do you think?  Posted by MDV - June 9, 2012 at 11:05 am

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6-8-2012, IRAQI DINAR GURU GUESSES!!

6-8-2012  Doc  Money supply needs to be reduced to support a significant RV.  We will not argue the absolute value of the current money supply since it does not matter.  Lets just say it is 10s of trillions and has to be reduced to support a RV.  Without a reduction even a RV of $1 is economic suicide.  The value of the dinar would be greater than all the currencies currently in the world. This is also why when anyone who proposes ridiculous rates like $3+ obviously have no clue of basic economic principles.

6-8-2012  Mike  Nobody knows the time or the date…Watch what is going on…This is a process – its not something that is going to happen overnight.  Are we moving forward?  YES we are moving forward…We are moving someone out of the way – The CBI is in place and lets look at all the next steps as we come forward…its just a matter of time…and in the great words of Iraq…any moment now…which we all know what that means. Read more…

Be the first to comment - What do you think?  Posted by MDV - June 8, 2012 at 10:46 am

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6-7-2012, IRAQI DINAR GURU GUESSES!!

6-7-2012 Vic1 the tax and tariffs were put into gazette…on the 1st! The income tax laws are also on the first of JUNE…The OIL…Companies are signing….Contracts!!! How could they sign contracts if NO…..HCL law! The inflation…is a Worry…However…on June 15th un…meets to Decide progress on iraq/kuwait….file! Kuwait wants chapter7 done…asap!!! this month is smokin…hot!!!

6-7-2012 Med THE SIMPLE THING HERE IS MALIKI FAILED TO PROVIDE SERVICES TO THE PEOPLE SPENDING BILLIONS, LOSING BILLIONS. HE SAID100 DAYS, THAT WAS A YR AGO. DOES HE DESERVE TO BE IN PRISON, YES. WILL HE SEE PRISON, YES, IF HE DOES NOT RESIGN. ONCE THE AUDITS COME IN AND I AM SURE SHABIBI WILL HAVE A SAY IN IT WHETHER OPENLY OR BEHIND THE SCENES — THEY GAVE MALIKI AN OUT AND HE WAS TOO MUCH AN EGOMANIAC TO TAKE IT. Read more…

Be the first to comment - What do you think?  Posted by MDV - June 7, 2012 at 9:48 am

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6-6-2012, IRAQI DINAR GURU GUESSES!!

6-6-2012 Mike Letters of Credit a Great Tool for Shabibi to use…For Emerging Countries it is a Wonderful Tool & Great Vehicle to use to Stabilize your currency and to keep large amounts of currencies from not running out – actually using your banks and getting them healthy. That has been the one thing CBI has done that has drawn praise from everybody – I think it was the ace in the hand for Shabibi to really stabilize his economy and move it one step closer to getting the banks activated.

6-6-2012 BGG Talibani taking the time to “examine” the signatures is just him being as “even handed” as possible. Maliki called for an inquiry but everyone knows it was just a stall tactic. Talibani will be diligent and move ahead when he is sure of success. Big meeting late last nite to put “final touches” on the proceedings. I would guess we’ll hearmore about their direction today and tomorrow.  Read more…

Be the first to comment - What do you think?  Posted by MDV - June 6, 2012 at 10:41 am

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6-5-2012, IRAQI DINAR GURU GUESSES!!

6-5-2012 Delta No confidence against Maliki – not all news is true. Some true, most is not. Iraqi list is trying but they have nothing to take confidence from Maliki. This month looking very solid for us…looking like last steps being taken care of. Very important month – June.

6-5-2012 Frank26 The people like Maliki. GOI almost fully cleaned and back in sync soon…we are progressing. This has all been some kind of propaganda and delays for some reason. Next week or two will find out signatures were forged and taken to Supreme Court. Pay attention to the CBI! IMF on the 7th. Very important meeting. 15th we might see Chapter 7 lifted…they are running out of time! Read more…

Be the first to comment - What do you think?  Posted by MDV - June 5, 2012 at 10:41 am

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6-4-2012, IRAQI DINAR GURU GUESSES!!

6-3-2012 Kaperoni In recent days we have seen numerous articles from the CBI about how “all preparations are done” and that they want the GOI and Council of Ministers to come on board and support the CBIs plan. We are starting the see the tremendous burden on Dr. Shabibi to take the dinar to an “international” level. That without his monetary reform, there is no WTO, no free market economy and limited economic improvement.

6-3-2012 BGG Maliki seems to be saying he’ll do whatever he needs to – to make everyone happy. I don’t believe he will – he’s famous for gigantic stall tactics. However, he’s at least saying the right words. I don’t really see the opposition parties “letting up”. They do appear to be giving him all the chances in the world – however, they also appear to be moving ahead on proceedings at the same time. The other problematic issue is – I don’t think he has the time left to be able to “iron out” the 5 or 6 issues they have left. It is simply a technical problem…I don’t think he can if he really wants to.

6-3-2012 Frank26 what if we told you…that SA [Saudi Arabia] is paying GOI Read more…

Be the first to comment - What do you think?  Posted by MDV - June 4, 2012 at 10:45 am

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A tribute to the central measures for the conservation value of the dinar

A tribute to the central measures for the conservation value of the dinar

04/06/2012 2:22 

Baghdad – Al-Sabah  
praised the Finance Committee MP Abdel Hussein al-Yasiri, in a way to open letters of credit instead of foreign exchange of currencies used by the central bank to maintain the value of the Iraqi dinar against the dollar. Yasiri said: The Central Bank has started to make good steps to restore the value of Iraqi dinar and the preservation of price to the foreign currency through him the powers of the sale of hard currency for a number of commercial banks in addition to that action will be taken to open letters of credit instead of foreign exchange of currencies. He explained: that the way the opening credits would force traders to Read more…

Be the first to comment - What do you think?  Posted by MDV - at 9:30 am

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6-3-2012, IRAQI DINAR GURU GUESSES!!

6-3-2012   Studley  we should see unified release of a lot of currencies in a very timely fashion, THIS IS A HUGE TIMING ISSUE WITH MULTIPLE AGENCIES, AND COUNTRIES COORDINATING LOTS OF EVENTS AT THE SAME TIME…vnd is part of first release of currencies, part of delay.

6-3-2012  Bear5642  I do honestly believe we are extremely close – close enough for me to go and form my LLC and other very important things to be ready at a moments notice.

6-3-2012  Med    BIDEN CANNOT STOP THE PROCESS, HE WENT TO IRAQ HOW MANY TIMES, TALKED TO MALIKI, EVEN THREATENED HIM, DID IT MAKE ANY DIFFERENCE, NO.   IT WILL NOT HERE FOR ONE REASON, SADR.  SADR WILL NOT LISTEN TO ANYTHING THAT BIDEN HAS TO SAY THAT STOPS THEM FROM GETTING RID OF MALIKI. Read more…

Be the first to comment - What do you think?  Posted by MDV - June 3, 2012 at 10:08 am

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Some truths about Dinar Daddy, decide for yourselves, updated

Dinar Daddy and The Treasury Vault

Prior to the launching of this blog an interesting story played out in the dinar forums.  Roger Dorman, owner of the Dinar Daddy site, announced his partnership with The Treasury Vault on July 29th as follows:
All,
I am posting this as an announcement to something that was decided upon recently between myself and Treasury Vault.  In the advent of their recent name change, and due to their desire to expand their company into additional markets beyond currencies, and specifically beyond the Dinar, they have given me an offer to be part of their team and I have chosen to accept this new challenge that will take me away from thinking about the Dinar 24×7. Read more…

Be the first to comment - What do you think?  Posted by MDV - June 2, 2012 at 10:36 am

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6-2-2012, IRAQI DINAR GURU GUESSES!!

6-2-2012  Footforward   THIS IS A GLOBAL SITUATION. THERE ARE EVIL PEOPLE TRYING TO FORCE THE VND THROUGH AT 2 BUCKS, AND THE DINAR THROUGH AT 1 DOLLAR. THIS IS NOT GOOD FOR US. I DONT CARE HOW YOU SLICE IT AND IT’S NOT GOOD FOR THE GLOBAL SITUATION.  WE WANT THESE TO ALL GO TOGETHER, BECAUSE IT’S BETTER FOR THE WORLD.   IT’S GOING TO BE BETTER FOR US ALL LONG TERM.  A 2 DOLLAR VND IS GOOD SHORT TERM, BUT MARK MY WORDS, IT WOULD BE A HUGE DISASTER WITHIN A FEW MONTHS.
6-2-2012  BGG  the meeting to “oust Maliki” had started earlier (or will start sometime late today [Friday]) and based on the outcome (and another snippet of an article) they may well have the emergency session and take the actual vote somtime over the next 72 hours. Read more…

Be the first to comment - What do you think?  Posted by MDV - at 10:07 am

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6-1-2012, IRAQI DINAR GURU GUESSES!!!

5-31-2012 Poppy3 they have had the votes for weeks. There have been many article back and forth they do, they don’t but the votes are there for sure. They just have to deside if they will or won’t take the vote?? They have to know how to proceed legally before they get the vote completed. This doesn’t mean they couldn’t rv at anytime…as soon as they get a functional complete goi, the erbil is activated, the hcl,article 140, all ministers set, budget opened and dr shabibi…will rv and turn the world loose.

5-31-2012 Frank26 & Delta Tariff Laws moved to June 30 and Finance Committee said they are committed to implement them. 50 company’s coming into Iraq from Kuwait the last 3 days of May…Minister of Transportation signed or signs the 50 company’s from Kuwait today or tomorrow…No confidence in Maliki is not true. Everything coming out of the GOI about Maliki Read more…

Be the first to comment - What do you think?  Posted by MDV - June 1, 2012 at 10:27 am

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5-31-2012, IRAQI DINAR GURU GUESSES!!

5-30-2012 Med THESE MOVES BY THE LIST…KURDS AND SADRISTS AND TALIBANI ARE GOING TO REALLY IMPROVE GLOBAL CONFIDENCE IN IRAQ AND WILL GIVE CBI A SIGH OF RELIEF. DONT KNOW HOW MANY HAVE PAID ATTENTION TO OTHER COUNTRIES WHO HAD COUPS OR A DICTATOR TOOK OVER, BUT IF THIS HAD HAPPENED THE FIRST THING TO TANK IS THE CURRENCY AND WE WOULD HAVE HAD MILLIONS IN COLORFUL WALLPAPER…THIS WAS A DO OR DIE FOR US. IT IS NOT GOING TO BE THAT ROUTE, THIS TO ME WILL DO NOTHING BUT BENEFIT IRAQ.

5-30-2012 Adam Montana Everyone has to understand that even if the Dinar doesn’t immediately go from 1170:1 to 1:1, it can still raise slowly to that value. If it takes a few years to get there, you still make money…so “patience is a virtue” here…obviously we prefer a quick RV to a slow grow, but I’m happy either way. Maliki has had discussions and it sounds like the intent is to deal with Article 140 very soon, but it has not actually been completed…this would indeed be…GREAT…IF the border disputes were actually 100% complete. They are not actually complete…I am anxious to see it done…but at this time it is still “in progress”. Read more…

Be the first to comment - What do you think?  Posted by MDV - May 31, 2012 at 10:12 am

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