Iraq dinar RV (Revalue) News Rumors Updates
9-27-2012 Intel
Guru TerryK THINGS ARE STILL ON TRACK. UST STILL IN LOCKDOWN. CHINA
SOURCE IS SAYING THIS IS STILL BEFORE OCT 1. LET'S SEE WHAT COMES OUT OF MEETING
TOMORROW...THINK IT WILL BE GOOD.
9-27-2012 Intel Guru Hammerman all intel is wonderful...I am hearing it is a go...lets just hope...I think Saturday, Sunday is our best shot.
9-27-2012 Intel Guru Footforward They have not been removed from Chapter 7. They have requested to be removed 4 times. Why would they ask to be removed if they hadn't done everything they needed to do. Iraq has done everything they need to do. The National Conference is never really going to happen. They have 3 of the 5 leaders on board, now they need Allawi & Barazani. What will happen is the RV will just show up. Do not look for the National Conference in the public eye. We are not looking at 2013, I am still looking for it anytime within the next 2 weeks and I am still looking for double digits, multipliers of 7. The rate will be very good. The currency needs to come out strong for Iraq to say "come on in, Iraq is open for business". They won't benefit from a $.10 RV. Shabibi has never said it would come out at $.10 or $.86 or 1 to 1. Articles coming from the CBI is different than coming from Shabibi. The dong will go along with the dinar & I have been given a rate of $.05 to $.20.
9-27-2012 Intel Guru Soonerfan62 I TRULY BELIEVE WE ARE AT THE END (FINALLY) AND ALL OF YOU SHOULD BE EXCITED THAT YOU ARE INVOLVED IN THIS JOURNEY. I’VE STAYED IN CONTACT WITH ALMOST ALL PROVIDERS IN THE LAST FEW WEEKS ANDEVERYONE RIGHT NOW IS MORE EXCITED THAN THEY HAVE EVER BEEN.
9-27-2012 Newshound Guru Enorrste Based on the articles it looks that something serious will happen with their economy by January. The outside date for the value of the currency to be substantial, at least a dime, 25 cents, 50 cents, getting up into the Saudi Arabian numbers [1 Saudi riyal = 0.2667 US dollars] is Jan 1st. A free float will get us there in 30, 60, maybe 90 days.
9-27-2012 Newshound Guru Kaperoni I’m gonna throw some information out there that I can’t substantiate, but one of the financial groups that was over (at the Finance conference) from the United States that will be possibly involved when they float the currency, has a platform or trading room that will be specifically dedicated to trading the Iraqi Dinar. I heard it is in a testing phase and the testing will go on for 17 days, and then it will be ready to go live. If that’s true we won’t see anything happen for 17 days. But after that IT LOOKS LIKE IT’S A GREEN LIGHT FOR THE FREE FLOAT.
9-27-2012 Intel/Newshound Guru Poppy3 Riots escalated yesterday in Bagdad but it has not deterred any of the meetings. The have a time limit agenda, we just don't know what it is. Prior to this, the least little things gave them an excuse to cancel all meetings, but now they are not backing off, not using these riots as an excuse. They are moving forward. They made a statement that they will open the 2013 budget after the deletion of the zeroes, but by 2013, so they are telling us before the 1st of the year. I think they will have it long before that. A source said dinar in Kuwait & Iraq have dried up, they have no large bills. This shows us they are lifting the 3 zero money. Also, there are people predicting rates of $.10, $.86 or even 1 to 1. I have studied this for a long time, been in this for a long time & Shabibi has never said this. There is no justification for it, no proof. He has said over $3.
9-27-2012 Newshound/Intel Guru BGG Last night there was an agreement in place between the 3 presidencies, Talabani, Maliki and Najafi, to hold a National Meeting very soon. This is huge news.
9-27-2012 Newshound Guru Adam Montana [will the UST actually cover the cash-in , not Iraq?] No, the UST isn't covering the dinar at all. Here's how it works: When the value goes up, banks will begin trading it, and you can go to the bank to cash in. The rate you receive will be based on the buy/sell margin that the banks are able to get through the CBI...if they can't sell it to Iraq or some other source, then you WILL NOT be able to cash it in. The UST isn't going to trump or override that fact...speaking of cashing in, everyone should understand how the spread works. I know some dealers say they won't charge a spread, but they are not mentioning that there is ALREADY a spread built into the exchange rate posted on the CBI, and you MAY get screwed if that is the only way they are verifying the rate!
9-27-2012 Intel Guru BOBGETZ6 [Do you know where it says that Iraq MUST have an internationally tradable currency with a rate of AT LEAST 1:1 to the dollar in order to be released from chap VII?] Per my source...Iraq has to have an internationally tradeable currency but does not have to be 1:1. The IMF has to approve the rate however and they must know that the currency rate is sustainable.
9-27-2012 Newshound Guru Med THIS IS A CRITICAL TIME IN THIS INVESTMENT, CRITICAL AND IT HAS NOTHING TO DO WITH CHAPTER VII ...CBI HAS GIVEN THE IMPRESSION THEY HAVE KNUCKLED UNDER TO PRESSURE. I DONT BELIEVE IT. SHABIBI IS JUST NOT LIKE THAT. I AM NOT SURE THAT IRAQ CAN HANG ON MUCH LONGER, DOING WHAT THEY DO. THE ONLY SAVING GRACE FOR THEM IS OIL BUT THINGS ARE NOT GETTING BETTER.
9-27-2012 Newshound Guru Historian anyone who knows the date are not going to talk about it...there are some very deep reasons on why dates come and go... We are moving very close, but it is not possible to predict a date affected by world events...they have a priority to get this done in the near future...we are just waiting on them when they decide...they've done everything they need to do.
9-24-2012 Newshound Guru Bondlady Since Iraq was home to about 10 percent of global oil reserves, it intends to promote oil production to 12 million bpd by 2017, there is no doubt that such a target is very ambitious, and that if possible, Iraq could become a rival to Saudi Arabic Queen as the largest producer of oil in the world today...its ambitious alright but so are they, once they quit fighting an agree, they will be unstoppable an i trully think they can achieve that oil rate growth but they have to pass the hcl...an they will, its almost done deal now lol i think. the london conference...had nothing to do with a rv per say...but had every thing to do with what had to happen to bring on a rv...it was iraqs commin out party to the world and it was a open invitation to the world to cmon down an partake in Iraq.
9-24-2012 Newshound/Intel Guru BGG We need to see Najafi, Allawi and Barzani get on board with the National Meeting & show some will to get it done. An article came out saying Najafi is meeting with Talabani right now or earlier today. The second meeting will be Tuesday, Talabani will meet with Allawi. Talabani has to get Allawi on board. Barzani is going to be fairly easy to get on board, he is not as critical. Allawi is the issue. It's all good news.
9-24-2012 Newshound Guru Vic1 No Meeting yet! Talibani might not even need a MEETING! However Najafi and Parliament will see Maliki tomorrow! IMHO, Talabani will PARDON Al-HESHEMI and have him come home with ALLAWI and BARZANI! THE UN IS HAVING MEETINGS ALL WEEK! LET'S SEE WHAT SHAKES OUT!
9-24-2012 Intel/Newshound Guru Poppy3 Iraq and Kuwait representatives are at the UN. They are meeting about the final process to get them out of Chapter 7. This is huge. They are making preparations & I don't think they would be there if they weren't fixing on doing it. After it RV's they must become a full member of the WTO. There could be about a 10 wait afterwards because once it is finalized they must be released from Chapter 7. I don't think they will let us cash in until it is a legal, tradable currency, worldwide, which is being a part of the WTO. A source that was in Iraq went to several banks and said there was no more dinar in the banks or on the streets in the ME, that's a good sign. Also was told new denoms would be available in the next couple of weeks, another good sign. There are still riots going on, but they are still going forward, still pushing for the National Conference. Whenever it happens we are going to winners in this thing!
9-24-2012 Intel Guru TerryK got some news about an hour ago...ust still in lockdown...has been extended another 24 hours max...im also hearing that this will not go into october...with chapt 7 to be done today and the big push...im hearing from a few, tonight is the bingo party and tomorrow would be the landing of the blessing...so we shall see.
9-24-2012 Newshound Guru Administrator Bob The week begins with the focus on President Talabani and political reconciliation leading to a National Conference. Parliament continues to review and read various laws as Iraq crawls toward a free market economy.
9-24-2012 Intel Guru Bluwolf lifting of sanctions, chapters,or revaluations approvals or vis-a-versa have to be mention and approve only in a National Full Assemblely in the UN. And this is in progress as we speak and it shall be all week long. Our president shall be at the UN... protocol states that he will meet both in private and speaking on the floor, if anything with relation to the national release of the dinar is to occur, now is the time for it to rise into the equation.
9-24-2012 Newshound Guru Mike We talked about the approval from Kuwait to remove Iraq from Chapter 7 - they have been given it for years - they are ready to go - it is pretty much tied to the formation of their government - once this is in place they will be able to remove the final chapter of their sanctions which is Chapter 7 and and they will be ready to go - makes no sense to remove it before the formation of their government at this particular point in time because the UN has no recourse if something goes wrong...
9-24-2012 Newshound Guru Med [Do you still think the rate may come out low?] YES...I AM AFRAID I DO...UP UNTIL I GOT THE LATEST INFO I TRULY THOUGHT IT WAS ONE TO ONE FOR SURE. COMMENTS LAST WEEK THAT CBI PLANNED TO TAKE ONE TO TWO YEARS TO BRING THE DINAR TO ONE TO ONE WITH THE USD AND THE FACT ALSO THAT THIS WILL MOST LIKELY END UP IN A BASKET OF CURRENCIES. I THINK THAT THIS BASKET WILL PUT THEM EQUIVALENT TO THE SAUDI RIYAL. NOW IF TOMORROW THEY POSTED THEY WERE PUMPING OUT 6 MILLION BARRELS PER DAY I WOULD SAY ONE TO ONE.
-23-2012 Intel Guru Bear5642 We are all hearing everything is done and they just need to push the button. No one knows exactly when it will happen, however, Iraq has been diligent in positioning themselves to actually support an RV. I personally do not see the rate coming out under $3.00.
9-23-2012 Intel Guru Hammerman Info from all segments of intel is that everything is 100% complete. On Friday, from 3 different bankers, I saw documents that banks got saying currencies will be revaluing in soon. The bankers are pumped up. We do need the announcement of the National Conference. I really do think this will go down this week. I believe all ministers are seated, they just have to be announced. It has to be posted in the gazette for 24 hours, it is in their constitution and then they can revalue sometime after 24 hours. Maliki was at the UN for about 37 - 45 minutes. Chapter 7 is done. I have heard nothing about it being a float. I think it will be about $3 but heard it could be as low as $.50, but I don't believe it. I was told that the dong would not be any lower than $.33, I still think in the high teens. I think there is a good chance for the RV from the 26th - 1st. I think we are at the brink of this.
9-23-2012 Newshound/Intel Guru BGG Article: "Iraq: Allawi will attend the national meeting unless implemented paper Arbil" Ultimately, he is saying he will only participate in the National Meeting if the Erbil agreement is adhered to and implemented.
9-23-2012 Newshound Guru Adam Montana [when the RV happen it is most likely to start out low, do you think that it will put a time on the higher dinars like the 5k and up to cash in after that it will become worthless to force us to cash them in.] In my opinion, YES we will have a time frame to cash in higher notes. I think it will be at least 90 days, no more than a year.
9-23-2012 Newshound Guru Mike what we are waiting on next [is] to see the date of the National Meeting and see if we can get the rest of these reforms passed ...biggest hump in the road for the National Meeting is going to be Allawi and his power sharing and seeing where that goes...I think what you have here is Maliki attempting to back door him and bust up the coalition by dealing with the 140 - great for us - we will take it - We will take it but eventually he is going to have to deal with Allawi...Eventually he is going to have to give up a chunk of his power and that is when he is going to be eventually done and eventually he will drop out of the politics of Iraq.
9-23-2012 Newshound/Intel Guru BGG Article: "Ani: Talabani intends to bend the Allawi and Barzani County National Meeting and working to bring them in a joint meeting with al-Maliki" These three characters getting together will be of critical importance in the very near future. If Maliki doesn’t get to the table and engage, it is highly likely he will face grave circumstances soon.
9-23-2012 Intel Guru TerryK STILL HAVE NO NEW NEWS. IM SO EXCITED, I KNOW WE ARE THERE...AS SOON AS I GET THE CALL U WILL KNOW.
9-23-2012 Intel Guru Freeway Bill The RV, in my humble opinion, based on what I feel is very good sources of information is upon us. Will it happen tonight? I don't think so but I don't think we will leave 2012 without seeing our blessing. I am not "giving myself a big window" at all. I honestly feel that we COULD see it this coming week, but I am not confident enough to jet off to Reno in anticipation.
9-23-2012 Newshound/Intel Guru BGG Look for the National Meeting sometime Sunday, Monday, Tuesday. If Maliki tries to stir things up at this meeting, look for him to be removed. I do think we are relatively close, closer than we have ever been.
9-23-2012 Intel Guru Hammerman no change so far...big proof of the new UST notes but not going into that yet...saw with my own eyes from bankers emails and letters from UST stating high alert for RV of countries in the next few days.
9-18-2012 Intel Guru Hammerman Everything is looking really, really good in dinar land. The London meeting kicked off today and will get rolling on the 19th. There were major movements in banks around the world. Best I can see Talabani came back on Sunday morning and looks like the Defense Minister is picked...it's rumor that all this took place. Saturday night they tried to push the RV through but some countries did not have enough gold, if this was to go to asset backed, I say if because this is still rumor about going to asset backed. I have 8 solid confirmations that they tried to push this through twice on Sunday. They had some serious technical issues in some countries, one was the USA. I think we really have a chance of an RV on the 19th or 20th if they can get some of these technical issues taken care of. Heard that was planned and plotted because they really don't intend to do it until after the London meeting. I only repeat what I have been told. [post 1 of 2....stay tuned]
9-18-2012 Intel Guru BWM ppl [people] are looking at the next couple of days for things to happen...something to consider timing-wise...just something to think about...if Maliki is in New York, and Shabibi is in london and Talabini is back in Iraq...what combination of "those" need to be in iraq when this happens...I don't believe that Iraq needs to "do" anything but I do feel like there will be a certain combination of leadership that wants to be there when it happens in their country...logically you'd think that at least Shabibi would want to be there when the CBI kicked over.
9-27-2012 Intel Guru Hammerman all intel is wonderful...I am hearing it is a go...lets just hope...I think Saturday, Sunday is our best shot.
9-27-2012 Intel Guru Footforward They have not been removed from Chapter 7. They have requested to be removed 4 times. Why would they ask to be removed if they hadn't done everything they needed to do. Iraq has done everything they need to do. The National Conference is never really going to happen. They have 3 of the 5 leaders on board, now they need Allawi & Barazani. What will happen is the RV will just show up. Do not look for the National Conference in the public eye. We are not looking at 2013, I am still looking for it anytime within the next 2 weeks and I am still looking for double digits, multipliers of 7. The rate will be very good. The currency needs to come out strong for Iraq to say "come on in, Iraq is open for business". They won't benefit from a $.10 RV. Shabibi has never said it would come out at $.10 or $.86 or 1 to 1. Articles coming from the CBI is different than coming from Shabibi. The dong will go along with the dinar & I have been given a rate of $.05 to $.20.
9-27-2012 Intel Guru Soonerfan62 I TRULY BELIEVE WE ARE AT THE END (FINALLY) AND ALL OF YOU SHOULD BE EXCITED THAT YOU ARE INVOLVED IN THIS JOURNEY. I’VE STAYED IN CONTACT WITH ALMOST ALL PROVIDERS IN THE LAST FEW WEEKS ANDEVERYONE RIGHT NOW IS MORE EXCITED THAN THEY HAVE EVER BEEN.
9-27-2012 Newshound Guru Enorrste Based on the articles it looks that something serious will happen with their economy by January. The outside date for the value of the currency to be substantial, at least a dime, 25 cents, 50 cents, getting up into the Saudi Arabian numbers [1 Saudi riyal = 0.2667 US dollars] is Jan 1st. A free float will get us there in 30, 60, maybe 90 days.
9-27-2012 Newshound Guru Kaperoni I’m gonna throw some information out there that I can’t substantiate, but one of the financial groups that was over (at the Finance conference) from the United States that will be possibly involved when they float the currency, has a platform or trading room that will be specifically dedicated to trading the Iraqi Dinar. I heard it is in a testing phase and the testing will go on for 17 days, and then it will be ready to go live. If that’s true we won’t see anything happen for 17 days. But after that IT LOOKS LIKE IT’S A GREEN LIGHT FOR THE FREE FLOAT.
9-27-2012 Intel/Newshound Guru Poppy3 Riots escalated yesterday in Bagdad but it has not deterred any of the meetings. The have a time limit agenda, we just don't know what it is. Prior to this, the least little things gave them an excuse to cancel all meetings, but now they are not backing off, not using these riots as an excuse. They are moving forward. They made a statement that they will open the 2013 budget after the deletion of the zeroes, but by 2013, so they are telling us before the 1st of the year. I think they will have it long before that. A source said dinar in Kuwait & Iraq have dried up, they have no large bills. This shows us they are lifting the 3 zero money. Also, there are people predicting rates of $.10, $.86 or even 1 to 1. I have studied this for a long time, been in this for a long time & Shabibi has never said this. There is no justification for it, no proof. He has said over $3.
9-27-2012 Newshound/Intel Guru BGG Last night there was an agreement in place between the 3 presidencies, Talabani, Maliki and Najafi, to hold a National Meeting very soon. This is huge news.
9-27-2012 Newshound Guru Adam Montana [will the UST actually cover the cash-in , not Iraq?] No, the UST isn't covering the dinar at all. Here's how it works: When the value goes up, banks will begin trading it, and you can go to the bank to cash in. The rate you receive will be based on the buy/sell margin that the banks are able to get through the CBI...if they can't sell it to Iraq or some other source, then you WILL NOT be able to cash it in. The UST isn't going to trump or override that fact...speaking of cashing in, everyone should understand how the spread works. I know some dealers say they won't charge a spread, but they are not mentioning that there is ALREADY a spread built into the exchange rate posted on the CBI, and you MAY get screwed if that is the only way they are verifying the rate!
9-27-2012 Intel Guru BOBGETZ6 [Do you know where it says that Iraq MUST have an internationally tradable currency with a rate of AT LEAST 1:1 to the dollar in order to be released from chap VII?] Per my source...Iraq has to have an internationally tradeable currency but does not have to be 1:1. The IMF has to approve the rate however and they must know that the currency rate is sustainable.
9-27-2012 Newshound Guru Med THIS IS A CRITICAL TIME IN THIS INVESTMENT, CRITICAL AND IT HAS NOTHING TO DO WITH CHAPTER VII ...CBI HAS GIVEN THE IMPRESSION THEY HAVE KNUCKLED UNDER TO PRESSURE. I DONT BELIEVE IT. SHABIBI IS JUST NOT LIKE THAT. I AM NOT SURE THAT IRAQ CAN HANG ON MUCH LONGER, DOING WHAT THEY DO. THE ONLY SAVING GRACE FOR THEM IS OIL BUT THINGS ARE NOT GETTING BETTER.
9-27-2012 Newshound Guru Historian anyone who knows the date are not going to talk about it...there are some very deep reasons on why dates come and go... We are moving very close, but it is not possible to predict a date affected by world events...they have a priority to get this done in the near future...we are just waiting on them when they decide...they've done everything they need to do.
9-24-2012 Newshound Guru Bondlady Since Iraq was home to about 10 percent of global oil reserves, it intends to promote oil production to 12 million bpd by 2017, there is no doubt that such a target is very ambitious, and that if possible, Iraq could become a rival to Saudi Arabic Queen as the largest producer of oil in the world today...its ambitious alright but so are they, once they quit fighting an agree, they will be unstoppable an i trully think they can achieve that oil rate growth but they have to pass the hcl...an they will, its almost done deal now lol i think. the london conference...had nothing to do with a rv per say...but had every thing to do with what had to happen to bring on a rv...it was iraqs commin out party to the world and it was a open invitation to the world to cmon down an partake in Iraq.
9-24-2012 Newshound/Intel Guru BGG We need to see Najafi, Allawi and Barzani get on board with the National Meeting & show some will to get it done. An article came out saying Najafi is meeting with Talabani right now or earlier today. The second meeting will be Tuesday, Talabani will meet with Allawi. Talabani has to get Allawi on board. Barzani is going to be fairly easy to get on board, he is not as critical. Allawi is the issue. It's all good news.
9-24-2012 Newshound Guru Vic1 No Meeting yet! Talibani might not even need a MEETING! However Najafi and Parliament will see Maliki tomorrow! IMHO, Talabani will PARDON Al-HESHEMI and have him come home with ALLAWI and BARZANI! THE UN IS HAVING MEETINGS ALL WEEK! LET'S SEE WHAT SHAKES OUT!
9-24-2012 Intel/Newshound Guru Poppy3 Iraq and Kuwait representatives are at the UN. They are meeting about the final process to get them out of Chapter 7. This is huge. They are making preparations & I don't think they would be there if they weren't fixing on doing it. After it RV's they must become a full member of the WTO. There could be about a 10 wait afterwards because once it is finalized they must be released from Chapter 7. I don't think they will let us cash in until it is a legal, tradable currency, worldwide, which is being a part of the WTO. A source that was in Iraq went to several banks and said there was no more dinar in the banks or on the streets in the ME, that's a good sign. Also was told new denoms would be available in the next couple of weeks, another good sign. There are still riots going on, but they are still going forward, still pushing for the National Conference. Whenever it happens we are going to winners in this thing!
9-24-2012 Intel Guru TerryK got some news about an hour ago...ust still in lockdown...has been extended another 24 hours max...im also hearing that this will not go into october...with chapt 7 to be done today and the big push...im hearing from a few, tonight is the bingo party and tomorrow would be the landing of the blessing...so we shall see.
9-24-2012 Newshound Guru Administrator Bob The week begins with the focus on President Talabani and political reconciliation leading to a National Conference. Parliament continues to review and read various laws as Iraq crawls toward a free market economy.
9-24-2012 Intel Guru Bluwolf lifting of sanctions, chapters,or revaluations approvals or vis-a-versa have to be mention and approve only in a National Full Assemblely in the UN. And this is in progress as we speak and it shall be all week long. Our president shall be at the UN... protocol states that he will meet both in private and speaking on the floor, if anything with relation to the national release of the dinar is to occur, now is the time for it to rise into the equation.
9-24-2012 Newshound Guru Mike We talked about the approval from Kuwait to remove Iraq from Chapter 7 - they have been given it for years - they are ready to go - it is pretty much tied to the formation of their government - once this is in place they will be able to remove the final chapter of their sanctions which is Chapter 7 and and they will be ready to go - makes no sense to remove it before the formation of their government at this particular point in time because the UN has no recourse if something goes wrong...
9-24-2012 Newshound Guru Med [Do you still think the rate may come out low?] YES...I AM AFRAID I DO...UP UNTIL I GOT THE LATEST INFO I TRULY THOUGHT IT WAS ONE TO ONE FOR SURE. COMMENTS LAST WEEK THAT CBI PLANNED TO TAKE ONE TO TWO YEARS TO BRING THE DINAR TO ONE TO ONE WITH THE USD AND THE FACT ALSO THAT THIS WILL MOST LIKELY END UP IN A BASKET OF CURRENCIES. I THINK THAT THIS BASKET WILL PUT THEM EQUIVALENT TO THE SAUDI RIYAL. NOW IF TOMORROW THEY POSTED THEY WERE PUMPING OUT 6 MILLION BARRELS PER DAY I WOULD SAY ONE TO ONE.
-23-2012 Intel Guru Bear5642 We are all hearing everything is done and they just need to push the button. No one knows exactly when it will happen, however, Iraq has been diligent in positioning themselves to actually support an RV. I personally do not see the rate coming out under $3.00.
9-23-2012 Intel Guru Hammerman Info from all segments of intel is that everything is 100% complete. On Friday, from 3 different bankers, I saw documents that banks got saying currencies will be revaluing in soon. The bankers are pumped up. We do need the announcement of the National Conference. I really do think this will go down this week. I believe all ministers are seated, they just have to be announced. It has to be posted in the gazette for 24 hours, it is in their constitution and then they can revalue sometime after 24 hours. Maliki was at the UN for about 37 - 45 minutes. Chapter 7 is done. I have heard nothing about it being a float. I think it will be about $3 but heard it could be as low as $.50, but I don't believe it. I was told that the dong would not be any lower than $.33, I still think in the high teens. I think there is a good chance for the RV from the 26th - 1st. I think we are at the brink of this.
9-23-2012 Newshound/Intel Guru BGG Article: "Iraq: Allawi will attend the national meeting unless implemented paper Arbil" Ultimately, he is saying he will only participate in the National Meeting if the Erbil agreement is adhered to and implemented.
9-23-2012 Newshound Guru Adam Montana [when the RV happen it is most likely to start out low, do you think that it will put a time on the higher dinars like the 5k and up to cash in after that it will become worthless to force us to cash them in.] In my opinion, YES we will have a time frame to cash in higher notes. I think it will be at least 90 days, no more than a year.
9-23-2012 Newshound Guru Mike what we are waiting on next [is] to see the date of the National Meeting and see if we can get the rest of these reforms passed ...biggest hump in the road for the National Meeting is going to be Allawi and his power sharing and seeing where that goes...I think what you have here is Maliki attempting to back door him and bust up the coalition by dealing with the 140 - great for us - we will take it - We will take it but eventually he is going to have to deal with Allawi...Eventually he is going to have to give up a chunk of his power and that is when he is going to be eventually done and eventually he will drop out of the politics of Iraq.
9-23-2012 Newshound/Intel Guru BGG Article: "Ani: Talabani intends to bend the Allawi and Barzani County National Meeting and working to bring them in a joint meeting with al-Maliki" These three characters getting together will be of critical importance in the very near future. If Maliki doesn’t get to the table and engage, it is highly likely he will face grave circumstances soon.
9-23-2012 Intel Guru TerryK STILL HAVE NO NEW NEWS. IM SO EXCITED, I KNOW WE ARE THERE...AS SOON AS I GET THE CALL U WILL KNOW.
9-23-2012 Intel Guru Freeway Bill The RV, in my humble opinion, based on what I feel is very good sources of information is upon us. Will it happen tonight? I don't think so but I don't think we will leave 2012 without seeing our blessing. I am not "giving myself a big window" at all. I honestly feel that we COULD see it this coming week, but I am not confident enough to jet off to Reno in anticipation.
9-23-2012 Newshound/Intel Guru BGG Look for the National Meeting sometime Sunday, Monday, Tuesday. If Maliki tries to stir things up at this meeting, look for him to be removed. I do think we are relatively close, closer than we have ever been.
9-23-2012 Intel Guru Hammerman no change so far...big proof of the new UST notes but not going into that yet...saw with my own eyes from bankers emails and letters from UST stating high alert for RV of countries in the next few days.
9-18-2012 Intel Guru Hammerman Everything is looking really, really good in dinar land. The London meeting kicked off today and will get rolling on the 19th. There were major movements in banks around the world. Best I can see Talabani came back on Sunday morning and looks like the Defense Minister is picked...it's rumor that all this took place. Saturday night they tried to push the RV through but some countries did not have enough gold, if this was to go to asset backed, I say if because this is still rumor about going to asset backed. I have 8 solid confirmations that they tried to push this through twice on Sunday. They had some serious technical issues in some countries, one was the USA. I think we really have a chance of an RV on the 19th or 20th if they can get some of these technical issues taken care of. Heard that was planned and plotted because they really don't intend to do it until after the London meeting. I only repeat what I have been told. [post 1 of 2....stay tuned]
9-18-2012 Intel Guru BWM ppl [people] are looking at the next couple of days for things to happen...something to consider timing-wise...just something to think about...if Maliki is in New York, and Shabibi is in london and Talabini is back in Iraq...what combination of "those" need to be in iraq when this happens...I don't believe that Iraq needs to "do" anything but I do feel like there will be a certain combination of leadership that wants to be there when it happens in their country...logically you'd think that at least Shabibi would want to be there when the CBI kicked over.
9-17-2012 Intel Guru TerryK i was assured that we
would see the rv this week...wed looks solid and we are to cash in
thursday according to source...treat as rumor.
9-17-2012 Newshound Guru Mailman17 I...SAW THE GCC SUGGESTS COMING OUT LOW AND GOING TO A FLOAT. THAT IS INTERESTING. WE KNOW SHABS INSPIRED A 1-1 BUT WE ALSO KNOW THE IRAQI PEOPLE CANNOT BE MADE MILLIONAIRES OVER NIGHT. IF THEY DO COME OUT THAT LOW, IMO, IT IS INTENDED TO DRAW THE LAST REMAINING DINAR OFF THE STREETS LITERALLY. THEN...LIKE THE GCC SUGGESTED GO TO A FLOAT AND LET THE MARKET DRIVE IT FROM THERE. NO ONE IS SURE THOUGH WHAT THEY WILL COME OUT AT. GOOD NEWS IS EVERYWHERE.
9-17-2012 Intel Guru Bluwolf THERE IS NO INFO COMING OUT OF ANY 3 LETTER AGENCY NOR OF ANY BANK SOURCE, ALL IS SILENT. THERE WILL NEVER BE A ANNOUNCEMENT OF ANY RV. IT WILL BE SILENT... AGREEMENTS AND I MEAN AGREEMENTS WILL ONLY COME OUT OF THE UN MEETINGS. THE IQD WILL NOT COME IN LOW, PERIOD. WHAT ARE WE WAITING ON? YES, A PHONE CALL AND THAT MY FRIENDS IS WHERE WE ARE AT.
9-17-2012 Newshound Guru Med [Source confirms that the state law seeks to nominate a replacement for the current Prime Minister Nuri al-Maliki Among the candidates (Ali al-Adeeb and Hussain al-Shahristani).] THEY WANT TO REPLACE HIM...OUTSTANDING POST BESIDES THE RV...IT IS EXCELLENT.
9-17-2012 Newshound Guru Med THE DINAR IS NOT GOING TO COME OUT OF THE GATE AT 1 TO 1. I AM BETTING BETWEEN 10 CENTS AND ABOUT 28 CENTS TO START. MOST WILL BE VERY SHOCKED...BECAUSE MANY WILL HAVE TO HOLD ONTO THEIR DINAR FOR AN EXTENDED PERIOD TO GET THE VALUE OUT OF IT...IT [ARTICLE] EXPLAINS THAT THEY EXPECT TO TAKE TWO YEARS TO REACH.
9-17-2012 Newshound Guru Enorrste while the CBI may have changed plans to go from a direct RV to a "free float", it clearly has NOT changed plans to get the value of the dinar up to at least $1. This is extremely powerful, IMO, because as KAP [Kaperoni] noted...a free floating dinar is inconsistent with a LOP! Saleh's statement is consistent with our latest theory regarding a "free float" of the currency. If, as we expect, the currency is allowed to float in the very near future it could easily reach $3.50 by the end of 2014. In fact, we expect it to reach $1 by the end of this year, 2012.
9-17-2012 Newshound Guru SWFloridaGuy To sum up, Talabani is back, Defense Minister is being nominated, they are going to try to resolve HCL dispute tomorrow and there is hope that now we may finally see a National Conference and a real breakthrough in the political crisis. Today's been a very positive news day. Let's hope that they do more than talk and we have some actual progress. The talk right now at least has me very encouraged.
9-17-2012 Newshound Guru Kaperoni First, it is important that we hold off on this new direction (free float vs. RV) until we get actual validation from the CBI. Until then, it is just a theory and my hopes are still for a straight out RV. I also want to caution everyone to not get overly excited about a “free float” of the dinar. Though we have two articles mentioning this idea, it has not come from the CBI as of yet. However, it may very well come out at the Iraqi Banking Conference Sept 18-19th, 2012. We have people at that conference listening and, hopefully, we can share their thoughts and information with you shortly. Now as for the “free float,” if true, it will absolutely end any discussion on the LOP. You cannot free float starting at 1166 and LOP the currency. End of story.
9-17-2012 Newshound Guru Administrator Bob This past weekend...an article came forward from the Arab Monetary Fund which discussed a possible "free float" of the New Iraqi Dinar. As it is Monday afternoon in the US, it is Tuesday in Europe, which means Iraqi Finance 2012 is about to begin. The next few days should be very interesting indeed.
9-17-2012 Newshound Guru Doc We do continue to see evidence of the key issues being addressed. We saw where the finance committee has received a draft 2013 budget and went as far to say that currency reform would not be an economic burden. Again we know this to be positive since Shabibi has stressed he wanted to go into 2013 budget year with the dinar as the currency of choice. And lastly the agenda for the economic summit in London includes the topic of international investment and currency reform. While these all are extremely positive we simply need the talk and planning to end and for Iraq to put into action these plans. Only then can we expect Shabibi to pull the trigger. We report, you decide. [post 2 of 2]
9-17-2012 Newshound Guru Doc We continued to be amazed at statements like "there is no way we will get out of September without this being done." Those who make this type of statement are ignoring Iraq's past performance. With this we are not suggesting it will or will not happen in September or any other month. What we know from the past is that there are certain circumstances that will preclude the RV and to date these have not been put into place. We also know from past history Iraq is notorious for not meeting deadlines. This is amplified once again by the fact the new currency is not in circulation and was reported to be so by September 1. We continue with our presumption that until we see concrete evidence that issues like a fully seated GOI, Ebril and the likes have in fact been implemented then the RV is still pending in the future. [post 1 of 2....stay tuned]
9-17-2012 Newshound/Intel Guru BGG Article quote: "President Jalal Talabani will arrive in Sulaymaniyah at seven o’clock this evening. ...Talabani will meet immediately after arriving in Sulaymaniyah with members of the Political Bureau of the Union." This is what we’ve been waiting for...let’s hope it all goes well.
9-17-2012 Newshound Guru Med RIGHT NOW IT SURELY SEEMS THAT CBI IS REALLY MOVING QUICKLY ON GETTING IRAQI BANKS RECOGNIZED...THIS IS IMPORTANT. WE ALSO SEE HOW THEY ARE DISCUSSING WHAT KIND OF WAY THEY WILL USE TO CONTROL THE EXCHANGE RATE. I PERSONALLY STILL THINK IT WILL BE THE BASKET. WE HAVE THE SUMMIT...IN THE UK IN LIKE TWO DAYS...SEEMS THAT SHABS IS OUT TO SELL A BILL OF GOOD...MAKING HIS PLUG BEFORE THE RV. TO ME WE ARE WITHIN POSSIBLY 10 DAYS OF AN RV BUT IT COULD GO TO END OF NOVEMBER, EARLY DECEMBER DEPENDING ON HOW THE BUDGET IS MOVING ALONG.
9-17-2012 Intel Guru TerryK 3.86 IS WHAT I GOT YESTERDAY .0032 IN THE GAZETTE. WAS TOLD .0032 WHICH CONVERTED IS 3.86. [hmmmm...there must be some confusion, these numbers don't add up?] THATS WHAT IT IS TO COME OUT AT, WHAT IM HEARING, SO YEP A RI. TREAT AS RUMOR. GOT THAT TWO DAYS AGO. WE DID VERIFY THAT THE LOW DENOMS ARE OUT BUT NOT OF ANY VALUE. [have you heard anything about the dong recently??] .62 is what i got last week and it WILL GO WITH THE DINAR, MAKE NO MISTAKE.
9-17-2012 Newshound Guru 8Ball Talibani coming home...agreement with the Kurds...the next logical step is that the security ministers will be appointed...
9-17-2012 Intel/Newshound Guru Poppy3 [Referencing Poppy3 post 1 of 2, dated 9-16-12] I AM THINKING FROM READING THIS IT SAYS EXACTLY QUOTE ( IRAQ HAS A TOTAL OF 76 TRILLION IN CURRENT MONETARY ASSETS )THIS MAY BE COUNTING ALL OIL GOLD ETC IN ASSETS. NOT JUST DOLLARS. AND I AM SURE THAT IS IN TRILLIONS. I WILL CALL...A FRIEND OF MINE...THAT WAS ONE OF THE FOUNDERS OF ERNST & YOUNG The group that did the audit and get him to explain for sure because I was thinking Billions not Trillions but i assure you I have a copy of the report page and it says Trillion.
Read more: dinarguru9-17-2012 Newshound Guru Mailman17 I...SAW THE GCC SUGGESTS COMING OUT LOW AND GOING TO A FLOAT. THAT IS INTERESTING. WE KNOW SHABS INSPIRED A 1-1 BUT WE ALSO KNOW THE IRAQI PEOPLE CANNOT BE MADE MILLIONAIRES OVER NIGHT. IF THEY DO COME OUT THAT LOW, IMO, IT IS INTENDED TO DRAW THE LAST REMAINING DINAR OFF THE STREETS LITERALLY. THEN...LIKE THE GCC SUGGESTED GO TO A FLOAT AND LET THE MARKET DRIVE IT FROM THERE. NO ONE IS SURE THOUGH WHAT THEY WILL COME OUT AT. GOOD NEWS IS EVERYWHERE.
9-17-2012 Intel Guru Bluwolf THERE IS NO INFO COMING OUT OF ANY 3 LETTER AGENCY NOR OF ANY BANK SOURCE, ALL IS SILENT. THERE WILL NEVER BE A ANNOUNCEMENT OF ANY RV. IT WILL BE SILENT... AGREEMENTS AND I MEAN AGREEMENTS WILL ONLY COME OUT OF THE UN MEETINGS. THE IQD WILL NOT COME IN LOW, PERIOD. WHAT ARE WE WAITING ON? YES, A PHONE CALL AND THAT MY FRIENDS IS WHERE WE ARE AT.
9-17-2012 Newshound Guru Med [Source confirms that the state law seeks to nominate a replacement for the current Prime Minister Nuri al-Maliki Among the candidates (Ali al-Adeeb and Hussain al-Shahristani).] THEY WANT TO REPLACE HIM...OUTSTANDING POST BESIDES THE RV...IT IS EXCELLENT.
9-17-2012 Newshound Guru Med THE DINAR IS NOT GOING TO COME OUT OF THE GATE AT 1 TO 1. I AM BETTING BETWEEN 10 CENTS AND ABOUT 28 CENTS TO START. MOST WILL BE VERY SHOCKED...BECAUSE MANY WILL HAVE TO HOLD ONTO THEIR DINAR FOR AN EXTENDED PERIOD TO GET THE VALUE OUT OF IT...IT [ARTICLE] EXPLAINS THAT THEY EXPECT TO TAKE TWO YEARS TO REACH.
9-17-2012 Newshound Guru Enorrste while the CBI may have changed plans to go from a direct RV to a "free float", it clearly has NOT changed plans to get the value of the dinar up to at least $1. This is extremely powerful, IMO, because as KAP [Kaperoni] noted...a free floating dinar is inconsistent with a LOP! Saleh's statement is consistent with our latest theory regarding a "free float" of the currency. If, as we expect, the currency is allowed to float in the very near future it could easily reach $3.50 by the end of 2014. In fact, we expect it to reach $1 by the end of this year, 2012.
9-17-2012 Newshound Guru SWFloridaGuy To sum up, Talabani is back, Defense Minister is being nominated, they are going to try to resolve HCL dispute tomorrow and there is hope that now we may finally see a National Conference and a real breakthrough in the political crisis. Today's been a very positive news day. Let's hope that they do more than talk and we have some actual progress. The talk right now at least has me very encouraged.
9-17-2012 Newshound Guru Kaperoni First, it is important that we hold off on this new direction (free float vs. RV) until we get actual validation from the CBI. Until then, it is just a theory and my hopes are still for a straight out RV. I also want to caution everyone to not get overly excited about a “free float” of the dinar. Though we have two articles mentioning this idea, it has not come from the CBI as of yet. However, it may very well come out at the Iraqi Banking Conference Sept 18-19th, 2012. We have people at that conference listening and, hopefully, we can share their thoughts and information with you shortly. Now as for the “free float,” if true, it will absolutely end any discussion on the LOP. You cannot free float starting at 1166 and LOP the currency. End of story.
9-17-2012 Newshound Guru Administrator Bob This past weekend...an article came forward from the Arab Monetary Fund which discussed a possible "free float" of the New Iraqi Dinar. As it is Monday afternoon in the US, it is Tuesday in Europe, which means Iraqi Finance 2012 is about to begin. The next few days should be very interesting indeed.
9-17-2012 Newshound Guru Doc We do continue to see evidence of the key issues being addressed. We saw where the finance committee has received a draft 2013 budget and went as far to say that currency reform would not be an economic burden. Again we know this to be positive since Shabibi has stressed he wanted to go into 2013 budget year with the dinar as the currency of choice. And lastly the agenda for the economic summit in London includes the topic of international investment and currency reform. While these all are extremely positive we simply need the talk and planning to end and for Iraq to put into action these plans. Only then can we expect Shabibi to pull the trigger. We report, you decide. [post 2 of 2]
9-17-2012 Newshound Guru Doc We continued to be amazed at statements like "there is no way we will get out of September without this being done." Those who make this type of statement are ignoring Iraq's past performance. With this we are not suggesting it will or will not happen in September or any other month. What we know from the past is that there are certain circumstances that will preclude the RV and to date these have not been put into place. We also know from past history Iraq is notorious for not meeting deadlines. This is amplified once again by the fact the new currency is not in circulation and was reported to be so by September 1. We continue with our presumption that until we see concrete evidence that issues like a fully seated GOI, Ebril and the likes have in fact been implemented then the RV is still pending in the future. [post 1 of 2....stay tuned]
9-17-2012 Newshound/Intel Guru BGG Article quote: "President Jalal Talabani will arrive in Sulaymaniyah at seven o’clock this evening. ...Talabani will meet immediately after arriving in Sulaymaniyah with members of the Political Bureau of the Union." This is what we’ve been waiting for...let’s hope it all goes well.
9-17-2012 Newshound Guru Med RIGHT NOW IT SURELY SEEMS THAT CBI IS REALLY MOVING QUICKLY ON GETTING IRAQI BANKS RECOGNIZED...THIS IS IMPORTANT. WE ALSO SEE HOW THEY ARE DISCUSSING WHAT KIND OF WAY THEY WILL USE TO CONTROL THE EXCHANGE RATE. I PERSONALLY STILL THINK IT WILL BE THE BASKET. WE HAVE THE SUMMIT...IN THE UK IN LIKE TWO DAYS...SEEMS THAT SHABS IS OUT TO SELL A BILL OF GOOD...MAKING HIS PLUG BEFORE THE RV. TO ME WE ARE WITHIN POSSIBLY 10 DAYS OF AN RV BUT IT COULD GO TO END OF NOVEMBER, EARLY DECEMBER DEPENDING ON HOW THE BUDGET IS MOVING ALONG.
9-17-2012 Intel Guru TerryK 3.86 IS WHAT I GOT YESTERDAY .0032 IN THE GAZETTE. WAS TOLD .0032 WHICH CONVERTED IS 3.86. [hmmmm...there must be some confusion, these numbers don't add up?] THATS WHAT IT IS TO COME OUT AT, WHAT IM HEARING, SO YEP A RI. TREAT AS RUMOR. GOT THAT TWO DAYS AGO. WE DID VERIFY THAT THE LOW DENOMS ARE OUT BUT NOT OF ANY VALUE. [have you heard anything about the dong recently??] .62 is what i got last week and it WILL GO WITH THE DINAR, MAKE NO MISTAKE.
9-17-2012 Newshound Guru 8Ball Talibani coming home...agreement with the Kurds...the next logical step is that the security ministers will be appointed...
9-17-2012 Intel/Newshound Guru Poppy3 [Referencing Poppy3 post 1 of 2, dated 9-16-12] I AM THINKING FROM READING THIS IT SAYS EXACTLY QUOTE ( IRAQ HAS A TOTAL OF 76 TRILLION IN CURRENT MONETARY ASSETS )THIS MAY BE COUNTING ALL OIL GOLD ETC IN ASSETS. NOT JUST DOLLARS. AND I AM SURE THAT IS IN TRILLIONS. I WILL CALL...A FRIEND OF MINE...THAT WAS ONE OF THE FOUNDERS OF ERNST & YOUNG The group that did the audit and get him to explain for sure because I was thinking Billions not Trillions but i assure you I have a copy of the report page and it says Trillion.
9-16-2012 Intel
Guru Blaino I just feel that, I have a positive expectancy, that they may release this thing just
before, as an opening maneuver or at the conclusion, of this London Conference.
I know there have been meetings to get things done. I think we are all going to
be really happy.
9-16-2012 Newshound Guru SWFloridaGuy Article: "President Talabani is to arrive Sulaimaniyah tomorrow." An official of the PUK [Patriotic Union of Kurdistan] said that President Talabani will arrive in the Kurdistan region on tomorrow coming from Germany and there will be a private ceremony to receive him.
9-16-2012 Newshound Guru SWFloridaGuy Just to clarify Shabibi has never once said that the IQD would revalue to become the strongest currency in the Middle East and remain at levels above Kuwait's. In fact he's never said they would "Revalue" at all. At the Arab banking conference in 2008 (held in Cairo), Shabibi did say that he wanted to return to their currency to levels that closer resembled what they were in the 70s and 80s. The "Returning to former glory" statement from Shabibi (while a very positive one), is frequently misquoted. "4-7-2008 Shabibi - We aspire in the near future to the return of Iraqi dinar to what it was in the seventies and the beginning eighties against the dollar and other foreign currencies and we are endeavouring and serious in this regard, but added that this process is not easy and simple and depends on the supply and demand of Iraqi dinars." Whether that be by revalue, floating orbit of exchange, straight redenomination, change in peg, letting the market drive it up etc., is of course 100% classified.
9-16-2012 Newshound Guru Med THIS LONDON MEETING SURE SEEMS TO BE TURNING INTO SOMETHING BIG AND IT SEEMS TO ME TO BE CENTER AT LEAST FOR IRAQ...TRYING TO ATTRACT THE UK, THE EU AND THE U.S. TO ACCEPT THE IRAQI BANKS. IT SURELY SEEMS THAT SOMETHING SERIOUSLY IS IN THE BREW THIS MONTH. I AM STILL COUNTING ON A SURPRISE, UNTIL IT IS DEBUNKED.
9-16-2012 Intel/Newshound Guru Poppy3 The last report that we got was Talabani would return on the 18th. Dr. Shabibi’s meeting on the 18th and 19th is going to have international and investment bankers from all over the world. The original intent was to go there to get them to invest into Iraq. Without the RV they can beg all they want but nobody is going to invest in Iraq till the RV hits and they are a WTO member with a currency that is tradable worldwide. Possibilities for the RV are tremendous. [post 2 of 2]
9-16-2012 Newshound/Intel Guru BGG The biggest current rumor is that Talibani showed up in Iraq 48 hours ago. I kind of doubt this to be true – for several reasons. First – I have a couple of pretty deep sources that would have told me so ahead of time. Second...about 12 hours after he actually shows up every Arabic news feed there would have an article about it – this is really, really big news and is being watched closely by everyone – here and there.
9-16-2012 Intel/Newshound Guru Poppy3 Shabibi has signed off on the year end report that recently stated that they have a total of 76 trillion dollars in reserves now. Just a little over a year ago it was at 56 trillion. Their numbers are just climbing astronomically in their reserves. That is definitely in our favor! A brigadier general sent me a notice that October 1st has been the target date every year since 2008 but never before have things lined up for the RV as they have this year. HCL and Article 140 have been on the addenda twice in the last week and it has been reported that it was completed and implemented today [Saturday]. I was told that the earliest it could be implemented would be this coming Tuesday. [post 1 of 2...stay tuned]
9-16-2012 Intel Guru Bluwolf ALL THINGS ARE BEING TAKEN CARE OF AS WE SPEAK AND THE OUTCOME WILL BE OVERWHELMING TO ALL IN THIS INVESTMENT.
9-16-2012 Newshound Guru Med I LIKE THE ARTICLE VERY MUCH OF THE IMF SUPPORT OF CBI AND WHAT THEY ARE DOING. IF SHABIBI HAS BEEN CORRUPT AND MONEY LAUNDERED AND STOLEN BLAH BLAH BLAH THEN HOW IN GODS NAME DID HE GO FROM 20 BILLION USD IN 2009 TO 69 BILLION USD IN FOREIGN CURRENCY ASSETS. NOT ONE OTHER MINISTRY HAS ACCOMPLISHED ANYTHING NEAR WHAT SHABIBI DID.
9-16-2012 Newshound/Intel Guru BGG Article: "Najafi and Deputy Foreign Minister U.S.: Implications of the death verdict against Hashemi confirms that part of the Iraqi judiciary is politicized" It is more and more obvious to everyone this persecution of VP Al-Hashemi is a political witch hunt – this one is going to blow-up in Maliki’s face too. You watch"
9-16-2012 Newshound Guru SWFloridaGuy Article: "President Talabani is to arrive Sulaimaniyah tomorrow." An official of the PUK [Patriotic Union of Kurdistan] said that President Talabani will arrive in the Kurdistan region on tomorrow coming from Germany and there will be a private ceremony to receive him.
9-16-2012 Newshound Guru SWFloridaGuy Just to clarify Shabibi has never once said that the IQD would revalue to become the strongest currency in the Middle East and remain at levels above Kuwait's. In fact he's never said they would "Revalue" at all. At the Arab banking conference in 2008 (held in Cairo), Shabibi did say that he wanted to return to their currency to levels that closer resembled what they were in the 70s and 80s. The "Returning to former glory" statement from Shabibi (while a very positive one), is frequently misquoted. "4-7-2008 Shabibi - We aspire in the near future to the return of Iraqi dinar to what it was in the seventies and the beginning eighties against the dollar and other foreign currencies and we are endeavouring and serious in this regard, but added that this process is not easy and simple and depends on the supply and demand of Iraqi dinars." Whether that be by revalue, floating orbit of exchange, straight redenomination, change in peg, letting the market drive it up etc., is of course 100% classified.
9-16-2012 Newshound Guru Med THIS LONDON MEETING SURE SEEMS TO BE TURNING INTO SOMETHING BIG AND IT SEEMS TO ME TO BE CENTER AT LEAST FOR IRAQ...TRYING TO ATTRACT THE UK, THE EU AND THE U.S. TO ACCEPT THE IRAQI BANKS. IT SURELY SEEMS THAT SOMETHING SERIOUSLY IS IN THE BREW THIS MONTH. I AM STILL COUNTING ON A SURPRISE, UNTIL IT IS DEBUNKED.
9-16-2012 Intel/Newshound Guru Poppy3 The last report that we got was Talabani would return on the 18th. Dr. Shabibi’s meeting on the 18th and 19th is going to have international and investment bankers from all over the world. The original intent was to go there to get them to invest into Iraq. Without the RV they can beg all they want but nobody is going to invest in Iraq till the RV hits and they are a WTO member with a currency that is tradable worldwide. Possibilities for the RV are tremendous. [post 2 of 2]
9-16-2012 Newshound/Intel Guru BGG The biggest current rumor is that Talibani showed up in Iraq 48 hours ago. I kind of doubt this to be true – for several reasons. First – I have a couple of pretty deep sources that would have told me so ahead of time. Second...about 12 hours after he actually shows up every Arabic news feed there would have an article about it – this is really, really big news and is being watched closely by everyone – here and there.
9-16-2012 Intel/Newshound Guru Poppy3 Shabibi has signed off on the year end report that recently stated that they have a total of 76 trillion dollars in reserves now. Just a little over a year ago it was at 56 trillion. Their numbers are just climbing astronomically in their reserves. That is definitely in our favor! A brigadier general sent me a notice that October 1st has been the target date every year since 2008 but never before have things lined up for the RV as they have this year. HCL and Article 140 have been on the addenda twice in the last week and it has been reported that it was completed and implemented today [Saturday]. I was told that the earliest it could be implemented would be this coming Tuesday. [post 1 of 2...stay tuned]
9-16-2012 Intel Guru Bluwolf ALL THINGS ARE BEING TAKEN CARE OF AS WE SPEAK AND THE OUTCOME WILL BE OVERWHELMING TO ALL IN THIS INVESTMENT.
9-16-2012 Newshound Guru Med I LIKE THE ARTICLE VERY MUCH OF THE IMF SUPPORT OF CBI AND WHAT THEY ARE DOING. IF SHABIBI HAS BEEN CORRUPT AND MONEY LAUNDERED AND STOLEN BLAH BLAH BLAH THEN HOW IN GODS NAME DID HE GO FROM 20 BILLION USD IN 2009 TO 69 BILLION USD IN FOREIGN CURRENCY ASSETS. NOT ONE OTHER MINISTRY HAS ACCOMPLISHED ANYTHING NEAR WHAT SHABIBI DID.
9-16-2012 Newshound/Intel Guru BGG Article: "Najafi and Deputy Foreign Minister U.S.: Implications of the death verdict against Hashemi confirms that part of the Iraqi judiciary is politicized" It is more and more obvious to everyone this persecution of VP Al-Hashemi is a political witch hunt – this one is going to blow-up in Maliki’s face too. You watch"
9-15-2012 Intel
Guru Ray I just wanted to give a brief update. I know a lot of people are on edge
waiting to hear if a date has been set for the RV. I have not been able to get hold of my
contacts yet due to the weekend. As
soon as I find out something, I will pass it along ... just relax and let this happen.
9-15-2012 Intel Guru BOBGETZ6 It appears to me, that with Malikki and Shabibi doing there thing next week, and if it is about release from seven as well as getting investments in Iraq, they pretty much have to get this done before the meetings.
9-15-2012 Newshound Guru SWFloridaGuy So far I can't confirm that the HCL has been passed, although it looks like they could be close. Maliki hosted a session in the House of Representatives today where they had 35 speaker and it lasted 3 hours. Apparently, after the session was held the Prime Minister held a press conference and said that he is calling on the House to expedite the passing of the HCL and that they had failed to reach an agreement on the Infrastructure law. I can't find any press on Iraqi tv or confirmation in the Iraqi Legal Database that the HCL has indeed been passed but I am still looking. Sure would love for this rumor to pan out. :)
9-15-2012 Newshound Guru Mike The Heat is on...Britain's Foreign Minister showed up to talk today to Maliki. Parliament is also acting - they have run into a few road blocks but the President of the Parliament Nujaifi put together a committee on the Oil & gas Law to meet on Tuesday - he is giving them deadlines. All of a sudden Baghdad and Erbil agree to pay the dues to the oil companies. I don't know what happened to make this happen but this is a major bargaining chip which means something is in the works - they are getting something in order to do this or they were told to do this...these are all major things that signal to me that the government is having lots of negotiations and things are happening behind the scenes...could be a major weekend for news into Monday.
9-15-2012 Newshound Guru Mailman17 I THINK WE WILL SEE MINISTERS IN PLACE IN 7 DAYS. JUST A HUNCH. ALSO, THE HCL. WE GET THAT AND SHABS CAN THEN USE THE APPARENT CRISIS TO INITIATE THE CHANGE IN CURRENCY AND WITH THAT A CHANGE IN RATE. IT WILL APPEAR TO THE WORLD AS IT WAS FORCED AHEAD OF TIME BUT IN ESSENCE PLANNED BUT NEEDED. HENCE THE IMF ENTERING THE SCENARIO. WE WILL BACK IRAQ UP AND THAT SHOULD MEAN...A RATE CHANGE AND INTERNATIONALLY TRADEABLE AGAIN. [post 2 of 2]
9-15-2012 Newshound Guru Mailman17 THERE SEEMS TO BE A PUSH TO GET THE 2007 AMENDED HCL THROUGH, THAT IS GOOD. MALIKI AT LEAST ON PAPER IS ALSO PUSHING IT. THAT ALONG WITH KUWAIT IS THE LAST 2 BENCHMARKS NEEDED FOR 7. ADD TO THAT WE HAVE A CRISIS IN THE CBI OR AT LEAST WHAT THEY WANT US TO BELIEVE IS A CRISIS, MONEY LAUNDERING. WE ALREADY KNOW SHABS IS READY. WE ALSO KNOW HIS TERMS, STABILITY. [post 1 of 2...stay tuned]
9-15-2012 Newshound Guru Enorrste I expect that once it passes $1 Shabibi will step in and "manage the float" as he told the IMF he would do. It will then go up at a controlled rate (unknown what that is now) until it reaches "equilibrium" which we suspect will be in the $3.50 range. We have no way of knowing how long that will take at this time. [post 2 of 2]
9-15-2012 Newshound Guru Enorrste As the dinar rises in value people will begin to want dinars again. When it gets over $1, which we expect prior to the beginning of 2013, they will flood to dinars and away from dollars, since the dinar will have been rising consistently for several months by that time and every expectation will be that it will continue to rise. Inflation is REDUCED by lower import costs. It is not raised. He who controls the supply can control the rate. If Shabibi wants the rate to go down he sells more dinar. If he wants it to go up he buys up dinar...The bottom line is that he controls supply, and therefore the rate. [post 1 of 2....stay tuned]
9-15-2012 Intel Guru DinarWishes Just know it's coming, when exactly is undetermined... It could be sooner than we think.
9-15-2012 Newshound Guru Administrator Bob We enter the weekend at the door of the Iraq Finance 2012, the international conference and exhibition on banking and finance services in Iraq. Private meetings begin this weekend with the public conference starting next Tues-Wed. There was some discussion on various laws and political differences, but nothing is official.
9-15-2012 Intel Guru Hammerman all great info coming in...FOREX SWITZERLAND TEXTED...SAYING RATE 9.71 TO USD AN 5.33 TO GBP. THEY LOOKING TO GO LIVE AFTER CLOSE OF USA BUSINESSES TODAY [Friday]...i don’t believe that...i think we are closer to next Tuesday...a lot more movement in Iraq today...Reno is hopping again big names there today again...funds are being moved...shifted and allocated...this could possibly be the end here soon...im smiling huge.
9-15-2012 Newshound/Intel Guru BGG Article: "Hashemi Unveils possession of documents proving corruption and Iraqi Minister of Finance “Rafie al-Issawi” This is about to get ugly for Maliki – there is some very damaging evidence that has been held in confidence to be sure he was going to play ball. As time goes on – it is more and more likely they will use whatever they have against him.
9-15-2012 Intel Guru BOBGETZ6 It appears to me, that with Malikki and Shabibi doing there thing next week, and if it is about release from seven as well as getting investments in Iraq, they pretty much have to get this done before the meetings.
9-15-2012 Newshound Guru SWFloridaGuy So far I can't confirm that the HCL has been passed, although it looks like they could be close. Maliki hosted a session in the House of Representatives today where they had 35 speaker and it lasted 3 hours. Apparently, after the session was held the Prime Minister held a press conference and said that he is calling on the House to expedite the passing of the HCL and that they had failed to reach an agreement on the Infrastructure law. I can't find any press on Iraqi tv or confirmation in the Iraqi Legal Database that the HCL has indeed been passed but I am still looking. Sure would love for this rumor to pan out. :)
9-15-2012 Newshound Guru Mike The Heat is on...Britain's Foreign Minister showed up to talk today to Maliki. Parliament is also acting - they have run into a few road blocks but the President of the Parliament Nujaifi put together a committee on the Oil & gas Law to meet on Tuesday - he is giving them deadlines. All of a sudden Baghdad and Erbil agree to pay the dues to the oil companies. I don't know what happened to make this happen but this is a major bargaining chip which means something is in the works - they are getting something in order to do this or they were told to do this...these are all major things that signal to me that the government is having lots of negotiations and things are happening behind the scenes...could be a major weekend for news into Monday.
9-15-2012 Newshound Guru Mailman17 I THINK WE WILL SEE MINISTERS IN PLACE IN 7 DAYS. JUST A HUNCH. ALSO, THE HCL. WE GET THAT AND SHABS CAN THEN USE THE APPARENT CRISIS TO INITIATE THE CHANGE IN CURRENCY AND WITH THAT A CHANGE IN RATE. IT WILL APPEAR TO THE WORLD AS IT WAS FORCED AHEAD OF TIME BUT IN ESSENCE PLANNED BUT NEEDED. HENCE THE IMF ENTERING THE SCENARIO. WE WILL BACK IRAQ UP AND THAT SHOULD MEAN...A RATE CHANGE AND INTERNATIONALLY TRADEABLE AGAIN. [post 2 of 2]
9-15-2012 Newshound Guru Mailman17 THERE SEEMS TO BE A PUSH TO GET THE 2007 AMENDED HCL THROUGH, THAT IS GOOD. MALIKI AT LEAST ON PAPER IS ALSO PUSHING IT. THAT ALONG WITH KUWAIT IS THE LAST 2 BENCHMARKS NEEDED FOR 7. ADD TO THAT WE HAVE A CRISIS IN THE CBI OR AT LEAST WHAT THEY WANT US TO BELIEVE IS A CRISIS, MONEY LAUNDERING. WE ALREADY KNOW SHABS IS READY. WE ALSO KNOW HIS TERMS, STABILITY. [post 1 of 2...stay tuned]
9-15-2012 Newshound Guru Enorrste I expect that once it passes $1 Shabibi will step in and "manage the float" as he told the IMF he would do. It will then go up at a controlled rate (unknown what that is now) until it reaches "equilibrium" which we suspect will be in the $3.50 range. We have no way of knowing how long that will take at this time. [post 2 of 2]
9-15-2012 Newshound Guru Enorrste As the dinar rises in value people will begin to want dinars again. When it gets over $1, which we expect prior to the beginning of 2013, they will flood to dinars and away from dollars, since the dinar will have been rising consistently for several months by that time and every expectation will be that it will continue to rise. Inflation is REDUCED by lower import costs. It is not raised. He who controls the supply can control the rate. If Shabibi wants the rate to go down he sells more dinar. If he wants it to go up he buys up dinar...The bottom line is that he controls supply, and therefore the rate. [post 1 of 2....stay tuned]
9-15-2012 Intel Guru DinarWishes Just know it's coming, when exactly is undetermined... It could be sooner than we think.
9-15-2012 Newshound Guru Administrator Bob We enter the weekend at the door of the Iraq Finance 2012, the international conference and exhibition on banking and finance services in Iraq. Private meetings begin this weekend with the public conference starting next Tues-Wed. There was some discussion on various laws and political differences, but nothing is official.
9-15-2012 Intel Guru Hammerman all great info coming in...FOREX SWITZERLAND TEXTED...SAYING RATE 9.71 TO USD AN 5.33 TO GBP. THEY LOOKING TO GO LIVE AFTER CLOSE OF USA BUSINESSES TODAY [Friday]...i don’t believe that...i think we are closer to next Tuesday...a lot more movement in Iraq today...Reno is hopping again big names there today again...funds are being moved...shifted and allocated...this could possibly be the end here soon...im smiling huge.
9-15-2012 Newshound/Intel Guru BGG Article: "Hashemi Unveils possession of documents proving corruption and Iraqi Minister of Finance “Rafie al-Issawi” This is about to get ugly for Maliki – there is some very damaging evidence that has been held in confidence to be sure he was going to play ball. As time goes on – it is more and more likely they will use whatever they have against him.
9-14-2012 Newshound
Guru Mike CBI definitely has some help - people riding in on their
white horses - The World Bank and
the IMF came in and talked to Nujaifi. Central
Bank is moving forward - The Calvary has shown up to support Shabibi and to keep Maliki
off of him from an end run - he's moving forward - we have always seen him tend to move
faster once people come in to help him and he knows he has backing....CBI has
been very very quiet..they are hunting RV's...and they are not talking - that's
good.
9-14-2012 Intel/Newshound Guru Poppy3 JUST GOT OFF THE PHONE AND HAVE BEEN TOLD (I AM STILL CONFIRMING THIS NEWS) THAT THE ERBIL AND HCL WILL BE IMPLEMENTED BY NEXT TUESDAY AND IF THEY ARE IT SHOULD OPEN THE DOOR FOR THE OIL CONTRACTS TO BE PAID ALMOST IMMEDIATELY. THIS IS SOUNDING VERY GOOD...THIS IS POSSIBLY THE BEST NEWS WE HAVE HEARD IN A WHILE.
9-14-2012 Intel Guru Okie_Oil_Man THIS MAY BE A DELAYING FACTOR BUT IT COULD ALSO BE AN EXPEDITING FACTOR. IN EITHER EVENT OR SCENARIO HISTORICALLY USUALLY THING'S OF THIS NATURE NORMALLY HAS A LIFE SPAN OF 10-12 DAY'S BEFORE BEING SETTLED OR AT LEAST CALMING DOWN TO WHERE IT'S INFLUENCING NATURE IS NOT AS PREVELANT OR BEING FELT. I AM EXTREMELY OPTIMISTIC AND BELIEVE ONLY POSITIVE RESULT'S WILL SOON OCCUR FOR ALL OF US. [post 2 of 2]
9-14-2012 Intel Guru Okie_Oil_Man EVEN THOUGH WE ALL THOUGHT AND HAVE BELIEVED IN THE IMMENENCE OF OUR CURRENCY EXCHANGE WE NEED TO ALL BE AWARE THAT THE POLITICAL TURMOIL AND DISSENT IN THE MOST VOLANTILE SPOT ON EARTH (THE MID EAST NEARLY IN IT'S ENTIREITY) CAN'T HAVE ANYTHING BUT AN EFFECT ON THE TIMING OF THE RE-EVALUATION OF THE WORLD'S CURRENCIES. [post 1 of 2....stay tuned]
9-14-2012 Intel Guru Hammerman There was a lot of processing taking place in Reno today [Thursday]. I have solid verifiable, visual proof from FBI and Homeland Security sources that the Bush twins, daughters of the Bush's, were in Reno cashing in dinar. Homeland Security sources were within 20 feet of them, so I take this as solid info. I was never a really big believer in the Prosperity Packages and Global Settlements, but I put out the info because I feel that you all need to here what's out there. But, if it is true, we should be RV withing a month, or probably within days. If it is true we are done. Rumor is we are Rv'ing soon anyway. My speculation on the rate for the average everyday person, referred to as tier 3 will be $3.50 - $5.50. There was some talk today that it would come out low, $.25 to $.55 and go up gradually. IMO, I am hearing and through intel that each country will have an independent rate. [post 2 of 2]
9-14-2012 Newshound Guru Med I HAVE THOUGHT ABOUT THE RATE COMING OUT THE DOOR AND IT WILL DEPEND ON IF THEY ARE IN A BASKET OR A FLOAT. TO ME A BASKET WILL BE MUCH SMARTER AND MORE STABLE ESPECIALLY UNDER THE CURRENT CIRCUMSTANCES IF SO I EXPECT THEM TO COME OUT BETWEEN .10 AND .35. SHABIBI HAS TO TEST THE WATERS IF HE IS REALLY CONFIDENT AND BELIEVES THE OIL IS ENOUGH PLUS HIS ASSETS THEN MAYBE THE .86. THIS TO ME DEPENDS JUST HOW SERIOUS THE IMF AND WTO WERE IN PUSHING IRAQ ON LINE WITH A EVEN RATE WITH THE USD.
9-14-2012 Intel Guru Hammerman Intel has not changed much. Talabani will probably turn up sooner than expected, in the next 48 hours. I think we still have a chance for an RV about the time the London Conference starts, this is rumor from about 10 high up power players. They are gearing up for something over there. The turmoil happening over there in the Middle East, the civil unrest will not affect us at this point. If they go to a full fledged war in the next 24 - 48 hours there might be a small delay, but I'm being told that is not going to happen. They are trying to get this RV and global reset processed, it is vital to get this done. My sources tell me we are here. [post 1 of 2...stay tuned]
9-14-2012 Newshound Guru Kaperoni I am going to toss out a theory... based on actions within Iraq, and other events. It may be very close to what we will see happen in the near future. I believe the plan always was to release the dinar at a “staging rate” at or about 1 to $1. The issue is, if that was the case, some liability falls on the CBI and Iraq. They must be able to sustain this rate. Remember as much as 10 trillion dinar may have been sold outside the country for what Saleh said, “will be held as a foreign reserve currency..for a very long time.” What that means is that the world’s central banks would in essence be funding the RV. The CBI is caught in a difficult situation. Economically, Iraq needs the RV yesterday. Shabibi has a decision to make. Shabibi can put people back to work, rebuild world class structures, and see his country prosper at least financially from the wealth of the country
9-14-2012 Intel/Newshound Guru Poppy3 JUST GOT OFF THE PHONE AND HAVE BEEN TOLD (I AM STILL CONFIRMING THIS NEWS) THAT THE ERBIL AND HCL WILL BE IMPLEMENTED BY NEXT TUESDAY AND IF THEY ARE IT SHOULD OPEN THE DOOR FOR THE OIL CONTRACTS TO BE PAID ALMOST IMMEDIATELY. THIS IS SOUNDING VERY GOOD...THIS IS POSSIBLY THE BEST NEWS WE HAVE HEARD IN A WHILE.
9-14-2012 Intel Guru Okie_Oil_Man THIS MAY BE A DELAYING FACTOR BUT IT COULD ALSO BE AN EXPEDITING FACTOR. IN EITHER EVENT OR SCENARIO HISTORICALLY USUALLY THING'S OF THIS NATURE NORMALLY HAS A LIFE SPAN OF 10-12 DAY'S BEFORE BEING SETTLED OR AT LEAST CALMING DOWN TO WHERE IT'S INFLUENCING NATURE IS NOT AS PREVELANT OR BEING FELT. I AM EXTREMELY OPTIMISTIC AND BELIEVE ONLY POSITIVE RESULT'S WILL SOON OCCUR FOR ALL OF US. [post 2 of 2]
9-14-2012 Intel Guru Okie_Oil_Man EVEN THOUGH WE ALL THOUGHT AND HAVE BELIEVED IN THE IMMENENCE OF OUR CURRENCY EXCHANGE WE NEED TO ALL BE AWARE THAT THE POLITICAL TURMOIL AND DISSENT IN THE MOST VOLANTILE SPOT ON EARTH (THE MID EAST NEARLY IN IT'S ENTIREITY) CAN'T HAVE ANYTHING BUT AN EFFECT ON THE TIMING OF THE RE-EVALUATION OF THE WORLD'S CURRENCIES. [post 1 of 2....stay tuned]
9-14-2012 Intel Guru Hammerman There was a lot of processing taking place in Reno today [Thursday]. I have solid verifiable, visual proof from FBI and Homeland Security sources that the Bush twins, daughters of the Bush's, were in Reno cashing in dinar. Homeland Security sources were within 20 feet of them, so I take this as solid info. I was never a really big believer in the Prosperity Packages and Global Settlements, but I put out the info because I feel that you all need to here what's out there. But, if it is true, we should be RV withing a month, or probably within days. If it is true we are done. Rumor is we are Rv'ing soon anyway. My speculation on the rate for the average everyday person, referred to as tier 3 will be $3.50 - $5.50. There was some talk today that it would come out low, $.25 to $.55 and go up gradually. IMO, I am hearing and through intel that each country will have an independent rate. [post 2 of 2]
9-14-2012 Newshound Guru Med I HAVE THOUGHT ABOUT THE RATE COMING OUT THE DOOR AND IT WILL DEPEND ON IF THEY ARE IN A BASKET OR A FLOAT. TO ME A BASKET WILL BE MUCH SMARTER AND MORE STABLE ESPECIALLY UNDER THE CURRENT CIRCUMSTANCES IF SO I EXPECT THEM TO COME OUT BETWEEN .10 AND .35. SHABIBI HAS TO TEST THE WATERS IF HE IS REALLY CONFIDENT AND BELIEVES THE OIL IS ENOUGH PLUS HIS ASSETS THEN MAYBE THE .86. THIS TO ME DEPENDS JUST HOW SERIOUS THE IMF AND WTO WERE IN PUSHING IRAQ ON LINE WITH A EVEN RATE WITH THE USD.
9-14-2012 Intel Guru Hammerman Intel has not changed much. Talabani will probably turn up sooner than expected, in the next 48 hours. I think we still have a chance for an RV about the time the London Conference starts, this is rumor from about 10 high up power players. They are gearing up for something over there. The turmoil happening over there in the Middle East, the civil unrest will not affect us at this point. If they go to a full fledged war in the next 24 - 48 hours there might be a small delay, but I'm being told that is not going to happen. They are trying to get this RV and global reset processed, it is vital to get this done. My sources tell me we are here. [post 1 of 2...stay tuned]
9-14-2012 Newshound Guru Kaperoni I am going to toss out a theory... based on actions within Iraq, and other events. It may be very close to what we will see happen in the near future. I believe the plan always was to release the dinar at a “staging rate” at or about 1 to $1. The issue is, if that was the case, some liability falls on the CBI and Iraq. They must be able to sustain this rate. Remember as much as 10 trillion dinar may have been sold outside the country for what Saleh said, “will be held as a foreign reserve currency..for a very long time.” What that means is that the world’s central banks would in essence be funding the RV. The CBI is caught in a difficult situation. Economically, Iraq needs the RV yesterday. Shabibi has a decision to make. Shabibi can put people back to work, rebuild world class structures, and see his country prosper at least financially from the wealth of the country