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Iraq dinar RV (Revalue) News Rumors Updates

 
Page 2 http://www.dinarsite.com/news/dinar-iraq-rv-revalue-news-2013-02.html

Oct-20-2012  Intel Guru Hammerman    There is a lot of movement at the IMF in Georgia, a lot of paperwork & people movement, also at the World Bank in N. Y.  There is a lot of hard currency, paper money, being moved around the world today, don't know if this is relevant to the RV.  Hearing lately, the VND could be over a buck, had been hearing $.68 - $.86.  My intel tells me we will not see the RV before the 17th of November, could we, of course.  We just have to wait and see.   I give you everything I hear, is all of it true, I don't know, but I give you what I am told for you to analyze.  You all have a right to hear it.   [post 3 of 3]

Oct-20-2012  Intel Guru Hammerman    Exxon/Mobile, Chevron & Microsoft have invested in Iraq yesterday & today, big malls are getting ready to break ground, people are expecting a lot of money to flow around Iraq.  I can't tell you if it is related to the RV or not, I just don't know, but something is happening.   I believe Shabibi is still our man, still in.  The end of  his term is the end of November, the 16th or possibly moved to the 27th.  I believe the new guy has been brought in, is training & Shabibi will just walk away quietly.    [post 2 of 3....stay tuned]

Oct-20-2012  Newshound/Intel Guru BGG
   The good news is Sadr is back in the game.  That will fold nicely to where things are going.  They are waiting for Maliki to implement the power sharing agreement. Maliki has been wanting to increase the value of the dinar for sometime.  He gives the appearance of being a legitimate government, but they are not, not until they put that power sharing agreement into place.  He has wanted to get his hands on the dinar, get his hands on the reserves. There is a slim chance, about 10%, that Maliki would pull some kind of free float right now.  Of course, things need to stabelize, that would be better for everyone.  The UN and the US have issued very stern warnings to  Maliki about all this.  We need to relax and let this play out for a few days.


Oct-20-2012  Newshound Guru Bondlady
   I...still do believe there would and will be a rv...what i dont believe is that it will come out in the magnitude many...have claimed...what i believe and believed is that it would come out very small and crawl up.....at best a 1-1... this is what i believe and still believe. [post 2 of 2]

Oct-20-2012  Newshound Guru Bondlady   everything we ever believed in per shabibi...was it false? or was it trumped up because some disagreed with what shabibi wanted to do with the iqd...what i did the 1st day of the release of all the info to us thru the news...of the charges brought against shabibi...was make a ton of over seas calls to try and verify the validity of this news and to get there opinions of what was going on....what i could gather from these calls...bankers in 4 different countries, an 2 dinar brokers who deal with the middle east, and i talked to a couple of personal contacts that i have that have family and business in iraq and jordan as well...what they had told me about...shabibi being pro RD...and the ones in parliament and the gov who were opposed to this and wanted a RV instead and fought him on his project...some said that wasnt it and most had a hard time with shabibis plan because they totally held the belief when the 000 came off it meant there currency was back to normal and with the normal rate it held before the 000 were applied.  [post 1 of 2....stay tuned]

10-19-2012  Newshound Guru Adam Montana    I do not see the US going back to Iraq - they have come too far and that would be akin to pushing a baby bird out of the nest and then grabbing it right before it flys. Maliki's "friendliness with Iran" - I don't give it much weight. If I lived next to someone like Iran, I'd act like I liked them too. And to sum it up, do any of these things have an effect on the timing? Nope - I think the timing is a result of the path taken to those things. 

10-19-2012  Newshound Guru Enorrste   If you feel Maliki just is making a power grab and wants to look like a hero without Shabibi, then there is a chance that something will still happen by the end of the year.  Like I said ...removing Shabibi does not change the current state of economic affairs in Iraq.   Therefore, we may get lucky and Maliki raises the value.  [post 2 of 2]

10-19-2012  Newshound Guru Enorrste   Think about what would happen if the dinar improved in value 1000 times.  Maliki could then just send Iran a check, right?  Then Iran would be able to keep the Kurds there by offering them more money.  The simple fact is that Maliki could be much more dangerous with a higher valued dinar than with it the way it is.  As I have stated before I cannot see what motivates him to stop the appreciation of the dinar.  He will be a hero if he allows it to float.  There is, in my mind, no reason why he would not allow this.  Yet he appears to have fought it for years now.  Go figure.  [post 1 of 2....stay tuned]

10-19-2012  Newshound Guru Adam Montana    A major RV of the Iraqi Dinar will have an impact on the entire global economy and therefore every currency in the world - but the VND and IQD are not uniquely connected. 

10-19-2012  Newshound Guru Kaperoni    DinarAlert is excited to have another Conference Call...Friday, Oct 19th, 2012 @ 8pm CST hosted by Enorrste, Russell and Kaperoni.  This is a very special call as we will clarify where we (investors) stand.   This call will explain in detail, the initial plan for the RV, the subsequent change to a float and any new timeframe as a result. Please join us...this may be our single more important call pertaining to the current situation.  Q & A will follow as time permits.   (805) 399-1000   Code: 296983#

10-19-2012  Newshound Guru Enorrste  I believe that Shabibi appears to have acted professionally and honorably during the period in which we have had our attention on him.  In addition it is quite clear that he has had many admirers within his own country.  And of course his reputation extends well beyond the borders of Iraq.  His resume is impeccable as well. So we are left with this feeling of wanting to say, What's with this?  It simply does not make sense...there clearly is a problem at CBI and Shabibi is ultimately responsible for it.  [post 2 of 2]

10-19-2012  Newshound Guru Enorrste    I did not say that he [Maliki] would take over the CBI.  I only said that he would try to do so, and he is trying to do so.     The four bankers who were corrupt was a problem that occurred over 3 years ago.  Even supposing that they were behind the loss of the $6.6 billion the "buck" still stops with Shabibi who should have handled the situation back then and reported his conclusions to the Parliament.  He did not do that, apparently.  Therefore, he was either ignorant of the problem (which he clearly wasn't since he called for their removal) or he was in some way complicit in the problem.  Either way, he is guilty.  He was the boss; the buck stops with him.  If the money is missing it doesn't matter whether he stole it or not.  What matters is that he was responsible.  Hopefully he will have an opportunity to clear this up.  [Post 1 of 2....stay tuned]

10-19-2012  Newshound Guru Adam Montana    I understand that a lot of people - myself included - can grow weary of the constant delays, the never-ending set backs, the missed dates, the... well, all of it.  But, I think it's important to remember that as long as Iraq is going forward and the money is gaining value (which it IS, albeit not as much as we want YET!)... as long as the country is moving in that direction, then it's just a waiting game and the best thing to do is keep a level head, take deep breaths, and stay sane. This thing is going to play out the same no matter how emotional you do or don't get, so just enjoy the ride.

10-19-2012  Newshound/Intel Guru BGG   My further comment on the overtake of the CBI – there may be (as they have been calling to happen for a while now) a chance the CoM addresses the value of the Dinar by allowing it to “free float” on the open market and allow the market to determine it’s value (while they have temporary control). Just a possibility – I’m not terrifically sold on this idea.   [post 2 of 2]

10-19-2012  Newshound/Intel Guru BGG   There is a very “push – pull” conflict developing on the Iraqi political scene. As I started predicting (again) recently the prospect of a successful National Meeting with Maliki at the helm is more and more a thought of the past. I am “predicting” the removal of Maliki at some point in the foreseeable future. It is becoming clearer and clearer he has no intention of honoring any agreement or participating in a democratic government. I suspect Talibani and the opposition are coming to this realization.  [post 1 of 2....stay tuned]

10-19-2012  Intel Guru Blaino   THE SPEED OF THE NET AND ALL THE TRANSPARENCY OF THE COMINGS AND GOINGS MAY HAVE FORCED THEM TO COME UP WITH NOVEL AND UNEXPECTED METHODS...AND THEY HAVE, IT SEEMS! MALIKI GOES TO MOSCOW...BUYS WEAPONS??? UNDER CHAPTER 7??? AND THE UNITED NATIONS STANDS MUTE???  REALLY???  THE CBI "FIASCO" & THE WARRANTS FOR SHABIBI, THE CRIMINAL GOINGS ON WE HEARD WERE HAPPENING IN THE CBI, ALL OF IT THREATENS TO TURN INTO...HOT AIR!  ARE WE SEEING THE UNFOLDING OF A MASTER PLAN? ME THINKS WE VERY WELL MAY BE!    [post 2 of 2]

10-19-2012  Intel Guru Blaino   THERE HAVE, IN THE LAST FEW MINUTES, BEEN SEVERAL ADDITIONAL TIDBITS OF INTEL WHISPERING IN MY EAR...WE MAY SOON ADJUST OUR RECENT CHANGE IN...ALERT LEVEL YET AGAIN AND THE LENGTH OF THE "PASS" THAT I PUT OUT LAST EVENING.  I AM MORE AND MORE CONVINCED THAT MOST OR ALL OF THE MARKERS HAVE BEEN HIT...AND HUSHED!  WERE THEY TO GO PUBLIC WITH ALL THESE INDIVIDUAL POINTS, THERE WOULD NATURALLY BE A RUN ON THE IQD...  [post 1 of 2....stay tuned]

10-19-2012  Newshound Guru Med   I WAS DOING SOME THINKING ABOUT CBI AND THE CORRUPTION...THE ISSUE IS THE FUNDS, CORRUPTION OF THE AUCTIONS...ACCOUNTABILITY.   EVERY DOLLAR TAKEN IN, EVERY DOLLAR SENT OUT, WHETHER DINAR OR USD  IS POSTED- EVERY SINGLE AUCTION.    IT IS POSTED IN THE GAZETTE, IT IS POSTED ON CBI  AND THEN THE LOG SHEETS ARE FOR DOWNLOAD ON CBI'S WEBSITE.  THE ACCOUNTABILITY FOR EVERY TRANSACTION IS RIGHT THERE IN PLAIN SIGHT.  THE TRANSACTIONS ARE SO SIMPLE IT IS LIKE RUNNING A LEMONADE STAND IN YOUR FRONT YARD.

10-19-2012  Newshound Guru Enorrste     I strongly doubt that Shabibi will recover from this, in spite of the fact that he has made a statement to the affect that he will be exonerated.  Finally, we must once again look to Maliki himself. As unappealing as that proposition is, it appears that he holds all of the cards now. Since he has personally chosen Shabibi’s replacement it would appear that whatever he says will be what happens regarding the value of the dinar.  [post 3 of 3]

10-19-2012  Newshound Guru Enorrste     ...we have received a report that gives the real reason behind Maliki’s actions. The report is quite explicit and detailed in showing that Maliki has been frustrated in his attempts to get dollars into Syria and Iran, and the frustration has come from the CBI itself. Therefore, this move to oust Shabibi is really related to funding for Syria and Iran and not to corruption within the bank itself. Unfortunately, however, the reality is that there is a problem at the bank, and Shabibi was either behind it or ignorant of it. In any case, it seems that the Council was justified in its actions.  [post 2 of 3....stay tuned]

10-19-2012  Newshound Guru Enorrste  “Where we are with the Removal of Sinan Shaibi..."  My initial predisposition was to believe that this entire situation is politically motivated.  However, I am...led to conclude the following: while it is clear to me that Maliki is still trying to take over the CBI for his own nefarious purposes, it is also clear now, based on Najafi’s report, that there is way too much smoke at the CBI for there not to be a fire there...there is clearly more behind this than what we have seen on the surface.  [Post 1 of 3....stay tuned]

10-19-2012  Intel Guru Bluwolf   DO NOT AND I REPEAT DO NOT GIVE UP YOUR DINARS JUST BECAUSE SOME EVIL OR NEGATIVE NEWS TELLS YOU TO DO SO...YOU HAVE NOT BUT A CLUE ON HOW MUCH MONEY IS COMING YOUR WAY...YOU SHALL BE BLESS IN A BRIEF TIME.

10-19-2012  Intel Guru Blaino   WE HAVE RECEIVED INFORMATION THAT CONNECTS THE RV TO THE US ELECTION TIME FRAME AND THERE APPEARS TO BE A CONCERTED EFFORT TO KEEP IT FROM BECOMING A FACTOR ON EITHER SIDE OF THE TWO PARTY SYSTEM IN AMERICA.  IF THERE IS A SUBSTANTIAL COUNTER INTEL IN THE NEXT HOURS OR DAYS THAT CAUSES US TO RE-ASSES, WE WILL SHARE THAT NEWS WITH YOU ASAP!  THE INTEL TEAM...HAVE DECIDED BASED ON RECENT INTEL AND CONFIRMATIONS TO INSTITUTE A "PASS", IN EFFECT TILL NOVEMBER 7TH, 2012 WITH A REDUCTION IN "...ALERT LEVEL" TO LEVEL 4 UNTIL FURTHER NOTICE, WHICH MAY COME BEFORE NOVEMBER 7TH, 2012.
****  10-19-2012 CONFIRMED MAJOR NEW ALERT **** The head of the CBI, Shabibi, has been removed from his position...this is obviously big news.  We do not know how this affects the future of the dinar at this point.  If you are not already signed up for Dinar Guru member...now is a good time to become a member of the community--I will personally let you know of any dramatic happenings...Enter your name and email in the box above.

10-18-2012  Intel Guru Footforward   There will be zero intel between now and the RV, not just articles, but in the news. The RV can happen at any point.  I don't have an exact date.  There are a few people that need to be dealt with.  Things need to play out so as not to create chaos.  Do not give up on this do not give up your dinar.  This will be a massive opportunity, a massive blessing. Iraq is a wealthy nation, they have the backing to have a high rate.  [post 3 of 3]

10-18-2012  Intel Guru Footforward    If Maliki is such a big problem, then why hasn't he been removed. Maliki is there to hold down the fort & Shabibi is there to get Iraq in place to get the RV done & this has been done a long time ago.  The GOI has nothing to do with the RV.  The CBI & the GOI are two separate entities, the GOI does not have any control over the RV.  A bunch of laws will come into effect after the RV happens.  They printed a new currency with a new language on it, but our currency will not be worthless, both currencies will be used, the ones with 2 languages and the ones with 3 languages.   [post 2 of 3....stay tuned]

10-18-2012  Intel Guru Footforward   A few weeks ago I said that they the evil "powers that be"  were going to make the dinar not appealing & make people want to give up their dinar, that the dinar was unstable.  I think this is what we got, this whole Shabibi thing.  We knew the closer we got to the end, the more misinformation would come out.  I don't know why people believe what comes out in the news articles.  This stuff coming out about Shabibi is not true. Shabibi was not arrested and there was no warrant for his arrest. He is not a fraud, he hasn't stolen anything, he isn't dragging his feet.  Back in June, he was ready to revalue the dinar, he had done everything he needed to do & it was held back by the "powers that be".  They took control and said it would not take place until they were ready with a global reset.  Shabibi is not the problem, not an issue. [post 1 of 3....stay tuned]

10-18-2012  Intel Guru Bulldog75   Article:   "Iraq has signed a new contract to buy its second set of 18 F-16 fighters from the United States..."  [So, where is Iraq getting all this money to buy fighter jets?]  ANSWER: OIL CONTRACTS AND PENDING REVALUATION CURRENCY.

10-18-2012  Intel Guru Bluwolf   AS I EXPECTED SHABBIBI IS BACK IN POWER AGAIN...A LOT OF MISINFORMATION WILL BE COMING OUT BUT YOU NEED NOT BE CONCERN...ALL IS STILL AS EXPECTED AND NOTHING HAS CHANGED...ALSO, THERE WILL BE A GREAT SILENCE COMING OUT OF ALL BANKS AND ALL NATIONS...I HAVE SAID MANY TIMES THAT THIS WILL BE A SILENT ONE...WE ARE STILL MOVING FORWARD IN THE CORRECT DIRECTION...WE ARE CLOSE THAT IS ALL I AM GOING TO SAY...VERY VERY, CLOSE.

10-18-2012  Newshound Guru Adam Montana   [Do we have an exact count of how much Dinar is actually in circulation at this time? I have read conflicting counts…]   Conflicting counts is a nice way of putting it.  No, we don't have an exact count. The CBI would be the only place to get it, and they contradict themselves regularly on this topic. It's my opinion that they do not WANT that information out there, because they would lose some control of their future plans if every detail was transparent. 

10-18-2012  Newshound Guru Vic1   MALIKI HAS SET UP HIMSELF! SHABIBI...WILL BE THE ONE TO FINISH HIM OFF, I REALLY DO BELIEVE!  THERE IS NO,DELAY!   NAJAFI...SAID NO ONE TAKES A VACATION...WE NEED TO FINISH UP OUR BUSINESS! THE 4 DAY HOLIDAY, THE EID EL ADHA, WILL NOT STOP OUR PARLIAMENT! THE 26, 27, 28 AND 29TH.  THE BUDGET WILL BE DISCUSSED IN NOVEMBER.  THE INTERNAL ISLAMIC CALENDER BEGINS NOVEMBER 17TH.

10-18-2012  Newshound Guru Mailman17    THE ONE THING MALIKI HAS THAT ULTIMATELY WILL BE HIS UNDOING IS...HIS DICTATOR MENTALITY, THAT NOTHING CAN TOUCH HIM.  SHABS JUST MAY HAVE STALLED THIS PURPOSELY KNOWING THE OUTCOME AS FAR AS CORRUPTION, WAITING FOR SOMEONE TO ACT.  JUST A THOUGHT.  THROUGHOUT THIS ALL...DID ANYONE SEE SHABS EVEN BREAK A SWEAT LIKE HE WAS WORRIED?  HE WAS COOL AS A CUCUMBER...AND AS FAR AS I AM CONCERNED SHABS IS STILL IN CONTROL UNTIL I SEE OTHERWISE.  [post 3 of 3

10-18-2012  Newshound Guru Mailman17    WITH THE THREAT OF POSSIBLE REMOVAL OF MALIKI DUE TO CORRUPTION AND VIOLATION OF CHAP. 7,  HE MUST DO WHAT?  GET WHO OUT OF THE WAY...THE ONE MAN IN HIS WAY...[SHABIBI].  THIS LAST POWER PLAY BY MALIKI JUST MIGHT GIVE THE UN A FINAL REASON TO STEP IN AND REMOVE HIM ON [CHAPTER] 7 VIOLATIONS...AND THEN LET THE COURTS SETTLE THE CORRUPTION.   [Post 2 of 3....stay tuned]

10-18-2012  Newshound/Intel Guru BGG    How anyone can look at Maliki overtaking the CBI and their reserves as a good thing absolutely boggles my mind. HE’LL BUY WEAPONS WITH THE MONEY SHABIBI WOULD HAVE USED TO ENSURE YOUR BLOOMING RV!!!!    I fully expect this latest move to come under great scrutiny over the next few days – it is almost sure to undergo Judicial Revue…not to mention a probable international (as in UN) intervention. [post 3 of 3]   

10-18-2012  Newshound/Intel Guru BGG   6) The Chief Justice on the SJC vacated the arrest warrant for Dr Shabibi and assured discipline for the issuing judge...7) The Parliament had 5-6 laws lined up to vote on that would essentially “sew Maliki up” and once he saw no way out – he organized an SLC boycott and walkout to avoid the coming accountability (this was on Monday)...9) Maliki unilaterally removed Dr Shabibi and put an “interim”...  [post 2 of 3....stay tuned]

10-18-2012  Newshound/Intel Guru BGG   I recounted this because it appears everyone has forgotten this chain of events??  1) The CBI (Shabibi) put out an article – they were basically ready to address the currency value – they were just waiting on the government...2) Jubouri came out asking (“calling for”) Shabibi to allow the value of the Dinar to be a “free-float”, market value…3) Maliki went to Russia and Czech Republic signing weapons contracts (purely unconstitutional) ...4) Maliki sent troops, artillery and tanks to surround the disputed city of Kirkuk...5) Maliki’s gang on the CoM (Council of Ministers) issued an arrest warrant for Dr Shabibi...  [post 1 of 3....stay tuned]

10-18-2012  Newshound Guru SWFloridaGuy   I think economic committee member Abdulhussain Abtan said it better than anyone this morning. He said, "The global economic crisis will stimulate investment in Iraq and has forced the major powers of the world to enter into Iraq for the purpose of investment opportunities which promotes all economic fields."  Abtan went on to say that, "Iraq is one of the countries with large investment opportunities in all economic fields and will be a gateway to revive the world’s economies..."  This, of course, does not reference a RV, RI, RD, float, change in peg, hybrid solution etc., but rather signifies a more general positive economic outlook for the country of Iraq. This speaks to the basis of the IQD investment in my opinion. It's long term (approaching a decade) but clearly a strong bet, which I think we can all agree is an accurate assertion. 

10-18-2012  Newshound Guru Doc    We waited a few days to confirm information about Shabibi.  It appears from all sources and news outlets that he indeed has been replaced.  Several sites are trying to spin this positively but only time will flush it out.  In the mean time we speculate on three possible scenarios.  First is Shabibi is in fact guilty of what he has been accused...A secondscenario is that the GOI wants rapid currency appreciation and Shabibi wanted currency reform in more of just a RD with gradual appreciation...The third scenario is as we have pointed out previously is that Maliki is attempting to stall currency reform.  There is a fourth scenario which goes like this.  Shabibi is presented as a crook to the public...  There are still many unanswered questions with these actions against Shibibi. As with all of this it will take some time for the truth to surface. Sit tight until then.  We report, you decide.  [complete explanation of all of Doc's scenarios was emailed to Dinar Guru members...not a Dinar Guru member? sign up in blue box above to get things like this sent right to you.]  

10-18-2012  Newshound Guru Mailman  WHO IN IRAQ WANTS THIS RV MORE THAN WE DO?   NOT SHABS...[MALIKI]  BECAUSE HE STANDS TO GAIN 100S OF BILLIONS POST RV,  DEPENDING HOW MUCH HE AND HIS CRONIES HAVE STOLEN.  TIME AND TIME OVER...MALIKI HAS TRIED TO TAKE OVER THE CBI .  THE MAIN REASON FOR SHABS HOLDUP ON THE RV IS PERSONAL...AS LONG AS HE CAN MAINTAIN INFLATION, HE CAN ALSO KEEP MALIKI FROM USING IT.   [Post 1 of 3....stay tuned]

10-18-2012  Newshound Guru Adam Montana    [Do you think a float may be what CBI has planned, or do you think it will be a RV?]   This one has been the center of MUCH debate over the years, and in my opinion it's a draw. Either one allows for significant growth, and both have their +s and -s. 

10-18-2012  Newshound Guru Med   I AM NOT SURE THAT I AM TOO HOT ON SHABIBI COMING BACK AND MOST OF THOSE I TALKED TO FELT THE SAME WAY.  SHABIBI HAS BEEN VERY CAUTIOUS AND...MALIKI HAS COME TO SHABIBI AND ASKED HIM TWICE TO INCREASE THE VALUE OF THE DINAR.  BOTH TIMES HE DID NOT BUT IF YOU DO GO BACK AN READ THE ARTICLES, THIS IS THE PROBLEM.  HOW COME AFTER ALL THESE YEARS THE DINAR IS NOT WORTH MORE.  ALSO, ANOTHER THING, THE PAR VALUE PAR DOES NOT MEAN 1 TO 1,  PAR MEANS THAT IT IS ON THE POSITIVE SIDE OF THE ZERO.   RIGHT NOW IT, IN ALL REALITY, HAS A NEGATIVE VALUE.  [post 2 of 2]

10-18-2012  Newshound Guru Med     IT IS IN EVERY ARTICLE...HOW COME THE DINAR IS NOT WORTH MORE?  THEY DONT WANT IT HELD BACK. THE ISSUE THAT IS PUTTING SHABIBI OUT TO DRY RIGHT NOW IS THEY ARE UPSET THAT THE DINAR EXCHANGE RATE IS NOT MORE AND CLOSER TO PAR WITH THE USD.  WELL HE WONT BE SINCE IT HAS BEEN FOUND OUT THAT MOST OF WHAT HAPPENED WAS ILLEGAL AND AGAINST THE CONSTITUTION.  THE COUNCIL OF MINISTERS HAVE NO RIGHT TO SUSPEND SHABIBI.  ONLY PARLIAMENT DOES AND ONLY PARLIAMENT CAN FIRE HIM AND ONLY PARLIAMENT CAN PICK A NEW ONE. [post 1 of 2....stay tuned]

10-18-2012  Newshound Guru Adam Montana    there are still news reports that show Iraq is not yet as perfect as the US, but quite honestly - I think they are very stable and are getting more stable all the time. Now, the current situation with Shabibi is going to be a rocky one for a week or three, but there's simply no way to expect an RV to happen without a few heads rolling!   What we need to focus on is one question: "Is Iraq heading the right way?" I can answer that with a YES, and that's all I need to make me happy with my decision to invest in the Dinar.

10-18-2012  Intel Guru Bluwolf    HE [SHABIBI] HAS NOT BEEN ARRESTED FOR HE IS OUT OF THE COUNTRY, THOU HE HAS A WARRENT FOR THE FACTS ESTABLISHED...THE FINGER IN THE NEWS POINTS TO ANOTHER AND IT IS THE PM.  THE U.S. MUST STRAITEN THE TWISTED TREE IN IRAQS GOVERNMENT, IF NOT DEMOCRACY CANNOT BE.  [do we think it will be days or weeks or months?]  AT ANY MOMENT, ALL IS SILENT,  ALL IS DONE PERIOD.  NOTHING HAS CHANGED.

10-18-2012  Newshound Guru Enorrste  However, it is my opinion that this will not be allowed to go through without a “conference” between Maliki and the UN/US.  I suggest we wait this out. Remember, Maliki tried this once before and it fell on deaf ears. At that time he was apparently intimidated and failed to act. The fact that this time he is acting does not make it any more legal. In fact, I suspect that a hailstorm of protest will occur and that we will see his “decision” reversed in short order.  [post 3 of 3]

10-17-2012  Newshound Guru Adam Montana   the BIG news is on Shabibi...he is at least temporarily replaced by Abdul-Basit Turki in the role of head honcho at the CBI.  There have been no charges filed at this time, BUT warrants for Shabibi and at least 29 other bank officials have been filed.  Maliki seems to be at the head of this charge, and the reason is stated to be financial crimes.  This comes after a very strong trend in news about banking transparency and advancements.  [post 1 of 3....stay tuned]

10-17-2012  Newshound Guru Phoenix3333   The allegations about Shabibi are real.  Mr. Shabibi has been heavy into the IMF for a long time, heavy into the World Banks, he is an economic heavy weight.  Maliki and Talabani met with heads from the Obama Administration, big meetings regarding the CBI, the currency & the next thing we know Shabibi has been removed & replaced.  The IMF are bankers, it doesn't care about the people, it wants to know that they can get their money back.  What if the IMF wanted Iraq to be so far under that they had to take out loans from the IMF.  Who better to become their debtor & repay loans than Iraq with all of their wealth.  So, why doesn't Iraq revalue their currency?  When?  What if Iraq wants their wealth back and the man put in place says no.  Maybe Mr. IMF was in control there, & has now been removed.   Do I think they will move forward quickly?  Yes, I do.  

10-17-2012  Newshound Guru 8Ball   Article:  "Cabinet approved the recommendations of the dinar exchange rate fluctuations and the formation of a committee to review the previous sales in auction"    with all the articles about Shabibi and now a cabinet approved law to do with the rate of exchange...I'm good.  Now Talibani has to approve before it goes to the gazette.

10-17-2012  Newshound Guru Bondlady  the corruption in iraq is horrid and sadly enough we had that going for us in this investment...the corrupt would never want a lop...they would want an rv hence helping us and them too no doubt.   it's being said shabibi did want to rd basically lop and they sat out to prove he was corrupt but because the cbi is independent no one could see whats going on behind the cbi walls.  it now appears shabibi has indeed been replaced, several are telling me that this guy who replaced him is for an rv.  he is 1 of 100's that want an rv that are involved in this arrest warrant thing...if he rv's, its binding...no take backs...he is the cbi gov, Abdul Basit Turki.  [post 4 of 4]

10-17-2012  Newshound Guru Bondlady   after talking to many people today, they believe that shabibi was set to rd the currency...he had as much said that and from the articles we've seen we saw that coming but to release the coins would have had to have a rate and not 1166...its being said that for 3 yrs shabibi has purposely kept the dinar market rate lower than it should have been, making literally millions and millions on what we might call a spread but different...that many people think he purposely kept it under valued and took the difference...many politicians in iraq did not want a rd or a lop.  if this would have happened then he supposedly would have been able to export the currency a lot more for less and sell high.    [post 3 of 4...stay tuned]

10-17-2012  Newshound Guru Bondlady  there was an auction that went through the cbi that registered something like 4,000,000 or something to that affect but there was only like 4,000 that could be accounted for might even been more than 4 million...this was what a jordanian banker tried to explain to me, but it was very difficult to understand, language barrier, so the amounts of any of this weren't correct, but...the song remained the same...if this is indeed so, then there was corruption going on unless you can explain why in the wall street journal they named like 27 billion on imports paid out but only 4 billion recorded...the banker was trying to tell me but i couldn't get the numbers right...this is one incident out of several about money that was supposedly paid for imports through the cbi...imports never received...money never found...the bottom line...is shabibi is the central bank governor, the buck stops there.   [post 2 of 4...stay tuned]

10-17-2012 Newshound Guru Bondlady   i have an announcement...i've been taking calls trying to get the information...different time zones you know...i've talked directly to people in iraq also...i've also talked to two brokers and a bank in iraq, also a bank in dubai...i don't jack with tellers so it was higher up, also i've talked to ali (dinar trade)...i'm not going to lie...i'm pretty shocked to say the least...it appears there may be some truth to shabibi being involved...   [post 1 of 4...stay tuned]

10-17-2012  Intel Guru TerryK  Article:  obelisk: "Iraq's Council of Ministers approved, on Tuesday, the recommendations of the Commission study the fluctuation of the exchange rate of the Iraqi dinar, which provides coordination, consultation and exchange of information in conjunction with the dismissal of the governor of the central bank."  that article is brand new. It’s big. Cabinet approved the recommendations of the Iraqi dinar exchange rate after the dismissal of Shabibi.  Shabs is looking to get out. [the] 19th of this month he wants to retire...there is a date out there.  i’m expecting some news tonight so we shall see.

10-16-2012  Intel Guru Hammerman   Everything went well with the meeting in Hong Kong.  A key member was not there, I am suspecting it was Maliki or Shabibi,  but that this person would sign off on the new paperwork on Friday.  Every 60 days the papers have to be signed again and will until the RV happens. High officials from Hong Kong said do not expect any intel until after Nov. 7th.  Anything we hear from now until Nov. 7th, take as smoke, lies, misinformation.  Unless I can verify it or it is proven to me, I won't believe it.   I believe the IQD and the VND will revalue in the very near future.  I am hearing the VND will be $.68 - $.88 & China is trying to get it to go.   I think we are in a very good place. I am still looking to mid to late November for an RV.  [post 2 of 2]

10-16-2012  Intel Guru Hammerman   My sources told me to look for misinformation on Shabibi.  I don't think Shabibi is gone, he is one of the most respected people in Iraq.  He is not doing anything fraudulent or illegal.  I was told 2 weeks ago a lot of misinformation about Shabibi would come out, I believe that Shabibi's arrest warrant or suspension was a pretty well planned out, played out exercise to throw us off, to get us off base. [post 1 of 2....stay tuned]

10-16-2012  Intel Guru Blaino   What If "S" [SHABIBI] ALWAYS SAID HE WOULD HOLD THE RATE AND THE RV PENDING THE COMPLETION OF CERTAIN THINGS...MALIKI MAY ACTUALLY ACCELLERATE THIS NOW WITH SHABIBI OUT OF THE WAY.... MIGHT BE GOOD FOR US IN A SIDEWAYS KIND OF WAY! MALIKI WAS NOT DEAD SET AGAINST THE RV, JUST DIDN'T WANT TO DANCE TO SHABIBI'S TUNE ON "PREREQUISITS"... THIS COULD BE HIS WAY OF HAVING HIS CAKE AND EATING IT TOO. IF HE (MALIKI) IS ABLE TO CLAIM RESPONSIBILITY AND GET THE MASSES BEHIND HIM ... HE CAN WRITE HIS OWN TICKET.

10-16-2012  Newshound/Intel Guru BGG     Shabibi being temporarily removed from the CBI is a very political move and I don't think Maliki will be allowed to do this.  A Supreme Court Justice has to look at this.  I don't think it is even constitutional for him to do do this.  The GOI, the executive branch, has very little say over the CBI. This is probably the final straw to have Maliki removed.  The UN is over there and the U. S. is there.  If they, Maliki's group, get their hands on the currency it going to be trouble for everyone.  Talabani will still try to get the National Meeting done, but there will probably not be a National Meeting with Maliki in power.  This is a great opportunity, a lot of movement, once they get this taken care of,  then we will be in a position to move forward.

10-16-2012  Newshound Guru Med   THE GUY WHO IS NOW IN CHARGE OF CBI TEMP... IS THE ONE WHO STOPPED THE ARREST A COUPLE DAYS AGO AND THERE ARE NO SUNNI'S IN THE NA THE NA IS ALL SHIA.  PROF OF ME ECONOMICS...SAID THAT THIS PROBABLY IS GOOD FOR THE DINAR.   THAT SHABIBI HAS GONE AS FAR AS HE CAN WITH THE DINAR AND THEY THINK THAT MALIKI REALLY WANTS THE DINAR TO REVALUE BUT SHABS WAS DRAGGING HIS ***...REMEMBER,  MALIKI WAS TOTALLY BEHIND THE 09 RV.

10-16-2012  Intel Guru Blaino   One of his [Shabibi's] lawyers, Waleed Mohammed al-Shabibi, defended the governor's innocence.  "These charges are politically motivated. Al-Shabibi is honest and professional," said the lawyer. "The government is planning to replace him with another official who takes orders from the government." Al-Moussawi, the prime minister's spokesman, denied the charge, saying there was no political motivation behind the move.  The bank governor himself could not immediately be reached for comment. His lawyer said al-Shabibi is out of the country. He declined to say where.

10-16-2012  Newshound Guru Phoenix3333    this is interesting...  Article:  "Spokesman: Iraq Cabinet Names Interim Central Bank Governor Iraq's Cabinet on Tuesday named an interim replacement for the country's central bank chief, who was suspended amid an inquiry over currency manipulation, the premier's spokesman. "The cabinet decided to authorise Abdelbassit Turki, the head of the Board of Supreme Audit, to run the central bank indefinitely," Prime Minister Nuri al-Maliki's spokesman Ali Mussawi said, adding that Sinan al-Shabibi had been suspended from his post by the country's anti-corruption watchdog.  The watchdog, known as the Integrity Commission, confirmed on Tuesday that it had opened an inquiry into the Central Bank of Iraq (CBI) tied to alleged manipulation of the Iraqi dinar's value against the US dollar. "I can confirm that we received the Central Bank dossier from the integrity committee in parliament," said Hassan Aati, spokesman for the Integrity Commission. "It is currently under investigation. 

10-16-2012  Newshound Guru Administrator Bob  Articles coming from Iraq appear to indicate Central Bank of Iraq, the Governor Sinan al-Shabibi has been removed from office.  Al-Maliki's Council of Ministers has apparently appointed  Abdul Basit Turki interim governor.  This is significant as it relates to our investment.

10-16-2012  Intel Guru Frank26    My broker got a call from his broker from the CBI & he told him that the Iraqi dinar went up in value, $46 per million.  Then, an article stated that the IQD just went up in value.  There is an urgency to raise the value of the Iraqi dinar.  Trillions, upon trillion, upon trillions are being paid with Iraqi dinar out of the GOI & they don't have that many.  The budget says it's 127 Trillion.  That's either a fantasy, which they will never meet or a reality that we are about to be told.

10-16-2012  Newshound/Intel Guru BGG   Article:  "Shabibi reach Baghdad and initiate work at the Central Bank"  This further confirms...Dr Shabibi got back to Baghdad and went directly to work – NO PROBLEM. No arrest warrant, no drama, no foolishness. He’s got real work to do and real problems to solve. Mark my words – Maliki had big trouble brewing for himself.

10-16-2012  Newshound Guru Med   THERE WAS A TREMENDOUS AMOUNT OF QUALITY ARTICLES POSTED.  ONE BY THE INTEGRITY COMMITTEE BEING UPSET THAT THEY ARE NOT BEING ALLOWED TO DO THEIR INVESTIGATIONS AND DETERMINE IF IRREGULARITIES ARE FOUND.  YOU HAVE THESE AND I HATE TO EVEN USE THE NAME FROM THE STATE OF LAW GOING TO THE FEDERAL COURT WHICH WE ALL KNOW HAS BEEN IN THE POCKET OF MALIKI.  THEN WE FIND OUT THAT MALIKI PROTECTED 3 BANK MANAGERS WHO SHABIBI WANTED DISMISSED MANY YRS AGO...THEN WE HAVE THE 530 TRILLION DINAR.  YOU HAVE IT ONCE IN THE MEDIA ONCE, THIS IS NEWS BIG NEWS.   BUT,  I BET IF THEY SAID SHABIBI UNDERPAID FOR AN ITEM BY ACCIDENT HE WOULD BE ON DEATH ROW.  THIS GUY AND HIS FOLLOWERS ARE SNAKES.

10-16-2012  Newshound Guru Kaperoni    “A statement from the U.S. embassy in Baghdad yesterday that "Iraq's dependence on oil revenues entirely may display the development process of a diversified economy for the private sector at risk," noting that "the report of trade Tijara economic development regional Among its recommendations emphasizes the development of agriculture and industry in Iraq as both the two through which provide work for future generations in Iraq. "  So what are they really saying here...?    This is a very indirect – direct way of saying you need to raise the value of your dinar.

10-15-2012  Newshound/Intel Guru BGG   There is news today that Maliki walked out of Parliament because of the Infrastructure Law.  He wanted it passed "as is" & they said they would fix it to where we all like it.  He just has a terrible time sharing.  He walked out to delay this a little longer.  I don't think they can delay for very long.  From now to the next 10 days, you will see the news get very frisky, exciting to watch.  We are headed in the right direction for sure.  I see a solution in the near future.  This is all fantastic news.

10-15-2012  Intel Guru Blaino    I HAVE NO CONCERNS RE: ANY POLITICALLY MOTIVATED MOVES AGAINST THE GOVENOR OF THE CENTRAL BANK IN IRAQ...NOW IT SEEMS THAT THE TRUTH IS OUT AND MALIKI IS THE ONE IN TROUBLE I SEE NO CONNECTION TO THE RV OR ANY TROUBLE FOR US...JUST MY OPINION...I WILL SAY THAT NOW IS THE TIME TO "BE PREPARED IN ALL RESPECTS" FOR THE ENDGAME. ACT ACCORDINGLY, ACT RATIONALLY!  WE ARE INDEED CLOSING ON OUR target.

10-15-2012  Newshound Guru Kaperoni    The way I see it, there are two courses of actions.  1.  sweep it under the rug and move forward.  Which may not be so bad if it helps get the dinar value up soon.  or.. 2.  These political forces take notice and demand Maliki's removal.  He won't leave on his own, and the US position is to do nothing. If you ever wondered how Maliki could build hotels, own newspapers, on his PM salary?  Well it is clear with 4 corrupt officials working in and around the CBI, Maliki is getting his share.  Which is exactly why he does not want Shabibi to change the currency and go international.

10-15-2012  Newshound/Intel Guru BGG   The whole internet went up in flames over this Dr. Shabibi thing.  What do I think about it?  Shabibi is well respected in the international community and has the backing of all the major players in the whole world.  Don't worry about this.  The U.S. and the UN will never let this happen.  Then, yesterday word came out that the Chief Justice of the Supreme Court in Iraq disciplined the judge that issued the warrant & rescinded the arrest warrant.  This shows that the Supreme Court is leaning away from Maliki and is a little bit in Shabibi's corner.  This is the good new for me.  All this is good news.

10-15-2012  Newshound Guru Kaperoni   This MP Mohammed Saadoun Chihod says they are for the deletion of zeros but not all at one time.  In other words gradually - meaning float.  He uses reasons again like the GOI said in the past like fear of corruption and fraud as reasons to not move forward.   So what we are seeing here is exactly what we predicted.   Postponement of the "over night" event, less problems in Iraq, fewer security challenges, etc. and a new course of action which will be a gradual rise in the value of dinar over time (which we have seen other MPs call for the CBI to begin).  Then, when they feel it is appropriate, they will bring out an all new currency in Iraq, and officially announce "deletion of 3 zeros complete" which will enact the financial contractual law changing all accounting records.  None of that applies to us as all we care about is the rise in value which appears to be about to begin.  This is a good article for us...adds more confirmation to float, and it should start soon so they can achieve the goals of a 1 to $1 or higher by sometime middle of next year.

10-15-2012  Newshound Guru Doc  It was also just reported that Parliament would be adjourning until the 6th of November.  A news source was quoted as "a coalition of state law pulled out of today's session, for failing to vote on the draft law of the Federal Court, which led to a breach of the quorum for the hearing and filed."  With this we would not expect any movement on the HCl and therefore currency reform until after this date.  We do expect deals to be continued to be struck under the table during this time.  We report, you decide.  [post 2 of 2]

10-15-2012  Newshound Guru Doc  We anticipated Maliki would try something to stop the currency reform plans of Shabibi as we reported last week.  We are seeing that response in the arrest warrant being issued against Shabibi.  What we love is Shabibi's response saying he "will appear before the judiciary if there was an arrest warrant against him really no fear of justice as long as it is or the administration at the central bank did not fall short in their work."  We take this Shabibi is not backing down from Maliki and we are more convinced Maliki was and continues to be the fly in the ointment.  [post 1 of 2....stay tuned]

10-15-2012  Intel Guru BWM   I'm operating with a "theory" at the moment on timing... am I "expecting" to see something this month...certainly, I hope so... if it doesn't go this month could it go into 2013? certainly, I believe so (against my hopes) but I will be realistic...we have watched "deadline" after deadline come and go... so I look for it every day unless something tells me otherwise...when you hear me say, it's done, it may not be the first "call" you hear...but it will for certain DONE and I'm on the way to the bank when you hear it said.

10-15-2012  Newshound Guru 8Ball   Article:  "Urgent .. the issuance of an arrest warrant against Iraqi Central Bank Governor"   The CBI may just about to do it's job and of course this is Iraq ...they don't like losing the control...CBI is a private company the only way they can stop them is to arrest him...this could also be just media entertainment...we'll see.  The way to think of this if they are doing this its to block Shabibi from doing something...after the 2% giveback from Kuwait I think things maybe in full auto. 

10-15-2012  Newshound Guru Med     [ramesh:  so we mit see RV by 17 th of this month]  HOW DID YOU FIND OUT ABOUT THE 17TH...I ONLY THOUGHT I KNEW THAT.  I NEVER DISCUSSED IT WITH ANYONE.  I ONLY WAS WATCHING FOR IT...I HAVE KNOWN ABOUT IT FOR ABOUT 2 WKS  IN A PHONE CONFERENCE I HAD ON THE QT.   I GAVE MY WORD.  I DIDNT WANT TO KEEP IT FROM ANYONE BUT I HONESTLY DIDNT KNOW HOW TO EXPLAIN IT WITHOUT TELLING HOW I GOT IT.  [post 2 of 2]

10-15-2012  Newshound Guru Med   I FOUND ON THE GAZETTE...THAT THEY HAD PUT OUT ARREST WARRANTS FOR SHABIBI AND TWO OTHERS IN CBI.  THEN THEY PUT OUT  HE HAD ESCAPED THE COUNTRY.  NOW, THIS WAS ALL IN THE GAZETTE WHICH AS WE KNOW IS THE OFFICIAL NEWS SOURCE.  WELL IT WAS TRUE BUT ONE JUDGE SAID, WAIT A MINUTE, THIS ISNT RIGHT, I WAS MISLEAD AND THEN THE UN AND OTHER INTERNATIONAL GOT INVOLVED AND IT WAS REVOKED.

10-15-2012  
10-14-2012  Newshound/Intel Guru BGG    Personally – I see Maliki getting removed and soon. Maliki delivered a speech to the leading legal scholars just days before his (ill advised) trip to Russia. Their analysis – we have to get rid of this guy – HE’S CRAZY!!! When the legal community turns against you like this – you’re in trouble – DEEP TROUBLE!! That’s where Maliki is. Big trouble. Most of the recent erratic behavior is just his “last hurrah”.  However, please be encouraged – one way or the other it appears a solution is on the way. Especially in light of some of the recent articles.

10-14-2012  Intel Guru Soonerfan62   WE ARE BETTER SHAPE THAN EVER...JUST MY OPINION, OF COURSE.    BE GLAD YOU WERE CHOSEN TO BE A PART OF HISTORY THAT WILL ALLOW YOU TO BLESS MANY, VERY, VERY SOON

10-14-2012  Intel Guru Bluwolf   SHABBIBI LOVES HIS COUNTRY, HE IS VERY WEALTHY, HE IS A GENIUS IN ECONOMICS, HIS BOOKS ARE BEING SHARED IN HARVARD, HE HAS NO NEED TO COMMIT FRAUDE, HE IS NOT A TRAITOR TO HIS COUNTRY NOR TO THE WORLD.  YOU WILL SEE THE END RESULT...ALL HAS BEEN SAID, ALL IS FALLING INTO PLACE, ALL PIECES ARE IN PLAY, ALL BANKS ARE READY...ALL IS NEAR OK.

10-14-2012  Intel Guru Blaino   UST AND COMPARABLE SOURCES CLAIM THE RE-DENOMINATING OF CURRENCY VALUES WORLDWIDE HAS COMPLETED IN ALL RESPECTS (GREEN, GOOD TO GO) AND MAY BE DROPPED INTO PLAY AS SOON AS TOMORROW...TUESDAY MORE LIKELY, METHINKS!  WE ARE TRYING TO CONFIRM, MOST CONTACTS ARE ASSUMING A MUTE OR "NO COMMENT AT THIS TIME" STANCE...INTO THAT WE READ THAT IF IT CANNOT BE DENIED, THEN IT STANDS AS "POSSIBLE"...A LONG WAY FROM OUT OF THE QUESTION.  I HAVE NO CONCERNS RE: ANY POLITICALLY MOTIVATED MOVES AGAINST THE GOVERNOR OF THE CENTRAL BANK IN IRAQ.   CONFIDENCE IS HIGH THAT WE ARE IN THE FINAL STAGES OF THIS.

10-14-2012  Newshound Guru SWFloridaGuy   So, does the country of Iraq have anything to do with their own currency? Of course they do and it is completely arrogant and ignorant for us to think that they don't.  Iraq has received a lot of help to get to where they are today and I believe that they will continue to because those same corporations, foreign governments, banks and powerful organizations all want to exploit Iraq's wealth and natural resources. That's all the more reason to protect their investment and ensure that its success won't be hampered by a dilapidated government.  [Post 2 of 2]

10-14-2012  Newshound Guru SWFloridaGuy    people are saying this is out of Iraq's hands. I respect their opinion and just wanted to offer my views on the subject. This has everything to do with Iraq and...all is not done, but rather a work in progress that is not on our time-frame. Iraq must have enough political stability to ensure the success of the economic reforms. The CBI's plan (whatever that may be) has been in the works for over a decade and they are not going to compromise its success because the GOI hasn't formed a fully functioning power-sharing government with permanent (not interim) ministers appointed, in addition to having implemented HCL/Article 140 and investment laws passed prior. [Post 1 of 2....stay tuned]

10-14-2012  Newshound Guru Administrator Bob   Articles:  "Jubouri confirms the issuance of arrest warrants for the central bank governor and the officials" and "Central Bank denies the issuance of arrest warrant reminder governor and confirmed his participation in the conference out of the country"  It is apparent that we are sitting in the middle of a developing story regarding the Central Bank of Iraq, the Governor Sinan al-Shabibi and other officials.  This is significant as it relates to our investment.

10-14-2012  Newshound Guru Med  YOU ALL NEED TO READ THIS.  IT IS BIG NEWS, VERY BIG:  "A parliamentary committee has made ​​central bank confirms file for "obelisk" the issuance of an arrest warrant against Shabibi".   IT IS NOT GOOD.  IT IS NOT SMOKE SO FORGET THAT.  I ALSO FOUND ONE [ARTICLE]  IT SAYS SHABIBI ESCAPED.  WHEN I CLICKED ON THE LINK  IT WONT LET YOU ENTER.  I DONT KNOW WHAT TO SAY...I DONT LIKE IT BUT...I WILL WAIT TO SEE WHAT OTHER NEWS COMES OUT THAT CORROBERATES THIS.  SHABIBI IS A LONG TIME UN EMPLOYEE, VERY RESPECTED.  THE IMF BACKED SHABIBI ON WHAT HAS BEEN ACCOMPLISHED BY CBI.  LETS SEE WHAT THE DAY BRINGS, THIS COULD BE A LIE.

10-14-2012  Intel Guru BWM     I was told in no uncertain terms NOT to put a deadline or "back wall" on this thing...there is NO and I repeat NO deadline... it's not saying it can't happen now...but rather it could but to stick an absolute on it... is completely poor judgement...

10-14-12  Newshound/Intel Guru BGG   There are reports of the National Meeting being scheduled for the end of the month and that it will be televised.  If this is the case the National Meeting will only be for show and everything will have been agreed to ahead of time. This would indicate (for the moment at least) things are going well. As I have said before how Maliki finishes up will be the key.

10-14-2012  Intel Guru Hammerman  Tons & tons of movement in Iraq.  The big meeting in China has been moved from Thursday to Sunday.  This is a timeline meeting.  I do believe once they have this meeting we are on a 60 day count down from this Sunday.  There is a rumor of 3,000 to 4,000 troops moved into Iraq.  Ministers should be announced and put in the Gazette by late this week and that is why they are bringing in the troops, this is Intel via Embassy source in Iraq. There is major currency movement all over the world into world banks and a lot of money being moved into Reno and Atlanta.  Do not expect the revaluation before the 3rd week of November, this is what I am being told by numerous sources.  Last I was hearing, the Dong will be in the same basket with the IQD and could touch $.86.

10-14-2012  Intel Guru BWM    I do know that I feel confident this isn't about Iraq any longer (and hasn't been for some time) but instead the rebuilding of a system that has been allowed to crack and divide to the point that without a major repair cannot continue to exist and fulfill the needs and requirements of governments, businesses and individuals IMO.... 

10-14-2012  Intel Guru TerryK   i have been told on one side of the house tomorrow thru tue, on the other it can be a few days past then another not till later sometime.

9-27-2012  Intel Guru TerryK 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.
9-17-2012  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.

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"  

9-15-2012  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.

9-14-2012  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

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