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DINARESGURUS.BLOGSPOT.COM_________________ _______

Friday, August 31, 2012

BLAINO POST, 31 AUGUST


AN INTERVIEW WITH IRAQ  By Blaino

Citizens, Dinarians & People across the Chat-o-Sphere...I thought it might be fun to reduce some of the primary issues and their complexity, confounding logic and distorted meanings to an interview style that might help us recognize just where we stand.  Enjoy, Blaino!

(I TRIED TO HIT THE HIGH POINTS AND KEEP IT LESS THAN "NOVEL" LENGTH!)

  BLAINO: Iraq, there has been a lot of confusion about your currency and whether there will be a "revalue" at some point where the strength of the Dinar is finally revealed... can you simplify and explain the facts regarding some of these issues?
  IRAQ: Blaino, the facts about whether or not we will 'RV' or revalue our currency is really not all that confusing at all. We have spent a lot of time and money to develop and circulate the finest quality currency available on the planet (earth) with more security features, controls and anti-counterfeit measures than any other currency available.

We have worked hard through our chief financial officer, the Governor of the Central Bank of Iraq, Dr. Sinan Al-Shabibi to control and manage inflation, establish monetary stability and circulate the new Iraqi Dinar following it's creation & distribution into the economy of Iraq between October 2003 and January 2004.

Dr. Shabibi has held the inflation to single digits even though the region has been an area of violence and much warlike activity.

He has ever remained a pillar of iron concerning the independence of the Central Bank and has grown our foreign exchange reserves to 63Billion USD to prepare us (Iraq) for the next paradigm shift where our (Iraqi) currency becomes the strongest in the world, as Dr. Shabibi, Christine LeGarde (IMF) and others have stated many times .

Clearly, participation in world wide trade and other economic matters, international investment and the lie mandates that we (Iraq) must establish that the IQD is a viable currency, fit for international exchange, trade and recognition for the value that exists in Iraq in oil, gold, textiles, tourism and manufacturing to name but a few.

Several international firms from a broad group of nations are even now settling contracts for manufacturing plants here for automobiles, electronics and other products.

International hotel firms are seeking locations, contracts for electrical equipment are in the works and so on. Without a stable, trade-able currency, how are we to pay for these items or encourage these companies to arrive and thrive?

Why would a firm like General Electric for example sell us multi-million dollar generators and all the infrastructure to accommodate  them if we were to pay with a currency that has no use or value outside Iraq?

How could they use the same for their materials, supplies, payrolls and so on?

We have for some months been making progress toward the debt/equity markets to allow the corporate, municipal and GOI (Government of Iraq) debt to become trade-able internationally. Naturally this will be impossible without a recognized, trade-able currency, so any question about whether we will revalue is surely clear from these few examples.

BLAINO: Iraq, OK... so "eventually" you WILL revalue... what is taking so long and why are there so many false starts?

IRAQ: Long? It seems to me that when your country established itself as an independent nation you were at it for many years before your "founders" finally got the whole thing settled.

Your first Continental Congress convened in September of 1774, in September of 1787 the final draft of the Constitution was sent to the Congress and your first president, George Washington was inaugurated on April 4th 1789.

Your early money was English, Spanish, and French currencies, foreign currency, as your USD is foreign to Iraq. In 1785 the Continental Congress adopted the dollar as the basic unit of national currency and private bank note companies began to print a variety of notes, just as DeLaRue has done for us.

 Later in 1789 your Congress chartered the first national bank, the 'First Bank of the United States' and authorized paper bank notes to simplify trade and clarify the accepted currency. This was your first "Central Bank" and worked with the US Treasury as their fiscal agent.

In 1792, your Federal Monetary System was created with the construction of the Philadelphia Mint and the first real US coins were struck in 1793, almost 20 years after the first Continental Congress met. So, we are actually not all that far behind your own timetable.

Granted, there have been many technological improvements, but the truth is that they have brought with them many additional layers of complication and a need to interface with all the other currencies in the world at the same moment, all at once.

We (Iraq) are also very different in approach to politics and must adapt to this new political model which is far less connected to the Quoran than in the past when most middle eastern countries basically had a Theocratic style of government, operated and controlled by religious leaders, as with Iran today.

Also, we are involved with many figures, political parties and neighbor pressures which affect our ability to move too quickly and risk concerns that might rise to the level of "incident" and encourage additional violence, division or civil strife..

 Many factions vie for control and some groups resort to horrific violence trying to accomplish their aims of getting power or turning us back to older paradigms of government. If your politicians, governors, police officials and military leaders were constantly killed, blown up and attacked, what would the effect be on your country?

We still need to accelerate the removal of the large notes from the 'street' before they acquire great value both to reduce crime and to encourage trade at the local levels, as your own government did in the 1930's when they began to collect all notes larger than $100 which are still viable currency, but will not leave a bank again once they are deposited.

Smaller denominations of our currency will need to be in place before the revalue so the people can have small enough currency units for the basic essentials and small value items, also there has to be a way for the merchants to return 'change' when these kinds of purchases are made.

Would you like to buy a loaf of bread with a $1000.00 note? Would you want to be the merchant with enough money in the cash box to be able to complete the transaction and risk robbery and theft?

We (Iraq) are currently circulating coinage and smaller denominations of our money for use in the near future once the revaluation is commenced. Clearly, we cannot divulge the details of these arrangements to protect all the firms, people and agencies involved.

BLAINO: Iraq, what can we expect regarding exchange rate?

Got Dinar We (Iraq) are not at liberty to disclose the actual rate, but one might expect that as we have said it will be a dramatic and substantial change, most likely to a level in the neighborhood of the Kuwaiti Dinar, again, as we have said several times.

It's likely safe to assume somewhere between USD$3.00 to USD$6.00 which will be a workable number and cures the immediate needs for our infrastructure and banking needs, although we may not get all the way there in a single move.

BLAINO: Iraq, we have some indications that the IQD might be more in the range of $20 to as much as $45 per IQD! Mebby just for a select few or a group or tier that "needs" IQD. Any comment?

IRAQ: If only this could happen. At these rates dreams have become fantasy, and fantasy doesn't generally develop in real life.

We also hear about many "tiers" and special people that will somehow obtain magical access to these sort of fantastic and unbelievable amounts, all we can say is the old adage remains true: "A fool and his dinar are soon parted" along with another truism: "There is no free lunch!"

Anyone that gives their dinar to another to obtain some kind of "special" arrangement somewhere in the future will doubtless spend that future seeking the person that they gave their dinars to in an attempt to get them back and cursing their own stupid greed that led them to think that these schemes would ever produce anything at all! Good luck with that!

Any party or group that "needs" IQD might easily purchase it at the same rates as anyone else, the rate is readily available from a large group of dealers and sellers worldwide.

As for the idea that some group is doing some kind of humane work exchanging IQD for a set rate well above the actual value, like $.33 or $1/IQD, well once again, people are blinded by greed and hoping to get out now for promises later... they will undoubtedly be sadly mistaken and suffer a diminished future after their IQD has been taken from them under these guises and schemes.

No one should "wait" for the IQD to save them and solve their financial troubles, but should live their life in the moment and when the RV comes, it will be a huge benefit, but never an excuse to fail to take action and exercise personal power!

Some people constantly claim there is an RV "tomorrow" or any second, any minute, etc.... shun these people that always tell you "RV, In-country RV, All done now and we'll see it on _____". Seek out quality people and honest, informed people to provide your information!

BLAINO: Iraq, thanks for the conversation! We have always given a 'PASS' when these types have insisted "It's HAPPENING NOW!" and tried to maintain a calm, informed, level headed demeanor at a fair and honest price designed to support our site, not to pillage peoples pocket!

CRUISER POST WITH BRAINS , 31 AUGUST

Subject: Cruiser Post With Brains
Date: Friday, August 31, 2012


[cruiser] Hi What a day. The FED or should I say Mr. Beranke fired a blank. Wonder Why? Could the reason be that he does not have that power any more. Just a thought. The ECB and Eurozone was very busy today. More info out of them today than in the last 2 years. Gold had a good day. Seen the Euro broke 1.26 today. Boy people made some money there. Eurozone at 11.3% unemployment Holy Bleep. Did anyone hear Romney say 23million Americans are unemplyed last night. Holy Bleep Bleep. That is triple the amount of people invested in this investment

[1biz4u] cruiser did something throw this off today??

 [cruiser] 1biz4u not that I know of. Still looking for it. Day is not over it will be tonight!!

[ModelWoman] cruiser Do you still think this will happen by tomorrow???

[cruiser] ModelWoman Yes

 [1biz4u] cruiser IYO are we waiting on Iraq to do something or USA??

 (cruiser] 1biz4u Just waiting on it to show. Who is responsible do not know and to be honest, really do not care. Just show it already

andisgram1] Cruiser so now it's not today?
[cruiser] andisgram1 who said that?

tenizen] CRuiser Hey! The coins should be circulated tomorrow, right?

cruiser] Tenizen So everyone says.

keiji] cruiser is your thought about today based on intel, world news or both? TY

[cruiser] keiji both

[cruiser] See everyone tomorrow. POST RV!!

MED POST, 31 AUGUST


Med (8:51 PM):   MASAA EL KHEER    DS

    Med:    I WAS WAITING FOR SOME KIND OF RESPONSE FROM CBI    ON ALL THESE ALLEGATIONS THAT THE STATE OF LAW    HAS THROWN OUT    AND IT HAPPENED    IT WAS SIMPLE

  THEY ARE PREPARED TO BASICALLY DEFEND THEMSELVES IN PARLIAMEN   I FIGURED AS MUCH  ALL THIS IS STALL TACTICS  NOT REALLY SURE WHY  THOUGH I AM SURE   IT HAS TO DO WITH CORRUPTION

    Ranjoesgirl: shabs has his act together as usual
     Med:    HE DOES    WHAT KIND OF SUCKS FOR THE SITE    AND IT IS NOT ABOUT SHABS    OR IRAQ    IT TAKES ME LIKE TODAY    ALL FRIGGN DAY    TO MULL THIS IN MY HEAD    AND THINKING    WHAT ARE THEY TRYING TO SAY  

AND MOST OF THE TIME    I CANT JUST USE THE SINGLE ARTICLE    SINCE THESE PEOPLE LOVE TO HIT THE CIRCUIT    WHEN THEY GET THEIR NAME IN PRINT

   I KNOW I HAVE SAID THIS PART II ISSUE    MANY MANY TIMES    OVER THE LAST TWO YEARS    THE IRAQI BUSINESS NEWS    IS NOT FROM IRAQ  

IT IS JUST LIKE OUR SITE    NOTHING MORE    OR LESS    BUT THEY DO NOT DO A VERY GOOD JOB    AND THE FAKE RV POST    PISSED ME OFF THAT I WONT ALLOW ANY OF THEIR PRINT    ON THIS SITE    THAT IS ALL I HAVE

    BACK TO IRAQ    I SEE SOME COMMENTS    THEY WERE CIVILIAN    AND    MY STATE REP POINTED OUT ONE THING    IT IS NOT NECESSARILY    THE PRIVATE SECTOR THAT PRODUCES THE MOST REVENUES  

 IT IS YOUR NATURAL RESOURCES    AND THIS IS WHY    I AM NOT TOO CONCERNED    WITH IRAQ    AND IT HAVING NONE    LOL  

THE REVENUES TO SUPPORT THE DINAR    WILL ALWAYS BE OIL    OR NATURAL GAS    NOW I SEE ALSO    GOLD AND SILVER HAVE BEEN BROUGHT UP    AND POSSIBLY INTO PLAY.    OK GANG THAT IS IT FOR ME TONIGHT    TY    MED OUT

DINAR GURUS UPDATE, 31 AUGUST

8-31-2012  Newshound Guru SWFloridaGuy   Article:  “Talabani: President Talabani and Barzani meets this afternoon in the province of Sulaymaniyah…”  That's in northern Iraq and suggest that the President has now returned. We hope that is an accurate report and would bring us one step closer to a National Meeting.   There are about 4 articles this morning all stressing the need to hold the National Meeting now. They all agree about the importance of holding one and that only Talabani's presence will pull it off.  I do believe that's what we will see shortly.

8-31-2012  Intel/Newshound Guru Poppy3   THEY HAVE HAD A HCL LAW SINCE 2004 BUT THEY KNEW IT WASN’T COMPLETE AND NEEDED THE AMMENDMENTS SO THAT THE PROFIT EQUALITY AND SHARING COULD BE PUT INTO PLACE AND NOW THAT THEY ARE PUMPING OIL IN LARGE VOLUMES AGAIN PEOPLE WANT THEIR SHARE AND THE HCL LAW BEING AMMENDED IS THE ONLY WAY THEY WILL GET IT.


8-31-2012    Intel/Newshound Guru Poppy3  if they will just go ahead and RV the dinar I could care less how long they wait to bring out the new dinar with the three languages on it. RV WILL REMOVE THE USD FROM THE STREETS AND STOP INFLATION AND PAY FOR PLANES AND SHIPS ????? PROBLEM SOLVED.

8-31-2012  Newshound/Intel Guru BGG    The main thing to note is that Barzani is reaching out on his own. Very odd considering the mood over the last week or two. This looks a lot like things are coming together in a big way.

8-31-2012  Intel Guru Footforward    The chaos is really at a level that is unreal.  It is outrageous what the excuses are.  Do I believe the negative info, not at all, none of it makes any sense.  They want to be a powerful country.  You can’t do that if you don’t have a strong international currency.  Shabibi has said that they will have the highest valued currency in the Middle East and the entire world.  The dinar previously to being at the value it is now was $3.22, a strong value.  Iraq has everything to back this.  We are going to an asset backed currency. People say they can’t sustain a $3 or $4 rate, are you kidding me, or people say they have to slowly raise the value, I’m going to say “not”!  That does them no good, doesn’t benefit them.  Iraq isn’t in control, Iraq desperately wants out of Chapter 7.  I am expecting double digits and because of all the chaos, I am expecting something to happen immediately.  I believe we are looking for something to happen at any moment, at any time, immediately at a very high rate.

8-31-2012  Intel Guru Bluwolf   THERE IS NOTHING TO SAY FOR ALL HAS BEEN SAID ALREADY.   THERE HAS NOT BEEN ANY INFO FROM ANY SOURCE COMING IN TODAY. NOTHING NEGATIVE IN THE AIR.   IT IS A GOOD SIGN, FOR THIS BLESSING WILL SIMPLY APPEAR AS A THIEF IN THE SILENCE OF THE NIGHT.  TIME IS GOTTEN SHORT, WHAT NEEDS TO BE DONE, MUST BE DONE PROMPTLY.  THE TIME TO RECIEVE IS NEAR. ALL IS GOOD. WHEN WE GET THE WORD, WE WILL SHARE IT WITH ALL OF YOU.  WE ARE JUST WAITING ON THE CALL.  ALL IS NEAR AND IT WILL APPEAR ASN.

MILLIONDAY CHAT, 31 AIGUST


[millionday] Iraq participated in the meeting of the Security Council on the humanitarian situation of the Syrian crisis and its repercussions on regional security Baghdad, Iraq participated, on Thursday, the UN Security Council meeting to discuss the humanitarian needs of refugees and Syrian Syrian crisis impact on regional security. The invitation comes as Iraq by France, President of the current session of the Security Council
[millionday] know that the security council meeting is about syria when some one tells you different --
[millionday] brb with news

[millionday] MP, Jawad al-Shihili, of Ahrar bloc announced that “The General Amnesty Law will be discussed by the parliament during the next week.” Speaking to Iraqi News (IraqiNews.com), he said “The law draft will be involved in the parliament sessions’ agenda of next week.” “The session of last Thursday was normal but not that of much importance,” he added. Concerning postponing the vote over the Infrastructure Law, he assured “Basically, it is rejected because it will cost the government a lot of funds which is illogical.” Earlier, the parliament postponed voting on the general amnesty law draft due to disputes among the political blocs.

[millionday] they meet on monday but not sure if the schedule has themn meeting sooner -- still looking
[millionday] brb with more 
[millionday] Baghdad, Deputy dialogue Coalition Iraqi Thamer Al-alwani, current political situations that are best for the national meeting and come up with positive results solve political problems. In a statement, said Al-alwani (News Agency news) on Friday that the current political situation the best times for a national meeting of a keen political blocs to resolve differences and unite to prevent the impact of Iraq with consequences in the area of unrest. Said: the Deputy Prime Minister for services Affairs Saleh Al-mutlaq is a positive gesture during his return to Office to resolve differences and worked on harmony between political blocs.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ ^

[belabun] millionday Talabani will return within ten days .. and will cost people to lead the national mee Said the Messenger: Talabani will return within ten days .. and will cost people to lead the national meeting since delayed his return 31/8/2012 | (Voice of Iraq) - Add a comment - Baghdad (news) was likely MP for the coalition of Kurdish blocs happy messenger, that president assigns people to lead the national meeting since delayed his return, expected to return within ten days from the beginning of next month. Rasul said in a statement (of the Agency news): The President Jalal Talabani is likely to return during the first ten days of next month to invite the political blocs to meet national and resolving outstanding problems. added: that Talabani and as protector of the Constitution and has powers of being able to resolve the outstanding problems but if delayed treatment do not mind the mandate of someone irreplaceable to be within orientations and recommendations. said MP for the coalition of Kurdish blocs to: that the solution to the problems depends on the sincerity of the political blocs. waiting for the political blocs return of President Jalal Talabani, to hold a national meeting, to alleviate or solve the crisis a year ago. Talabani will return within ten days .. and will cost people to lead the national mee Said the Messenger: Talabani will return within ten days .. and will cost people to lead the national meeting since delayed his return 3

[millionday] i believe we have already established by the news he is there -- hmmm
[millionday] things that make you go hmmm
[ROBINREDHED] millionday wonder why the subterfuge

[millionday] maybe have the meeting and not broadcast

[sisterbreen] millionday have art that says And Baghdad, Independent News Agency / Zahra Hassani ... Meet President Jalal Talabani with Kurdistan leader Massoud Barzani afternoon in the province of Sulaymaniyah. The president had traveled to Berlin about two months in a therapeutic trip to Germany and is expected to discussion during the meeting, the outstanding political issues between the Centre and the territorial government.
[sisterbreen] meeta this afternoon
[belabun] millionday yes, puzzlement, we rather felt it had to do with succession in case of expiratiion, or incapacity. His son was , we thought, a bit ago when son resigned , thought was in line to take over until election and take over his position. if so.

[shiek] sisterbreen He met wed. this week per that article

[shiek] 8/29

[millionday] thats what i have as well --- talabani is obviously there -- strange that they would say he wasnt unless they planned on him coming home 10 days ago -- which is what it probably means

[belabun] ROBINREDHED millionday 0- this is the area questioning, sounds as if successor Talabani and as protector of the Constitution and has powers of being able to resolve the outstanding problems but if delayed treatment do not mind the mandate of someone irreplaceable to be within orientations and recommendations.
[millionday] remember we expected him a couple weeks ago

[belabun] in case he is unable to continue due to health

[millionday] expected him a couple weeks ago i mean


[millionday] he cant have meetings without being there though


[belabun] video conf?
[millionday] the kurd news had this meeting coming up too though -- so i believe he is back
[millionday] no he is there hun
[millionday] in flesh

[millionday] meeting in kurdistan --

[jimplants] millionday he has privite security and he is there
[ROBINREDHED] millionday thats what i have heard also
[millionday] lots of attacks going on right now --

[millionday] jimplants right -- strange that they said he wasnt when we have in the news he is having meetings




[millionday] Iraqi MP added: when we reform paper they hope to get out of the political problems, noting that the crisis will affect survival work organizations and reflected on the Iraqi citizen service. Iraqi political arena attest, many bilateral meetings between leaders of the blocks didn't come out any final agreement between the parties on the mechanism for resolving problems, continued questioning of clusters that met in (Arbil-Najaf) coalition's reform paper.

[millionday] Iraq's Kurdistan is ready to restart negotiations with Baghdad to end a political crisis, focussing on a long-delayed oil law to hand regional authorities more say in managing energy resources, Iraq's Deputy Prime Minister Rosh Nuri al-Shawish, a Kurd, said. The positive tone from Shawish signalled the Shi'ite-led central government and self-governed Kurdistan may be edging towards easing their dispute over oil, territory and power-sharing that is straining Iraq's uneasy federal union.

[millionday] Approving this draft and adding some amendments which are agreed on by all parties ... is the proper way to resolve this," the deputy prime minister, one of the go-betweens for talks between Baghdad and Kurdistan, said in an interview. Shawish said Kurdish officials had met with the head of the Prime Minister Nuri al-Maliki's Shi'ite National Alliance, Ibrahim al-Jaafari, for preliminary talks, and the atmosphere had improved enough for them to see room for progress. Shawish told Reuters Kurdistan believes the oil disputes can be resolved through an amended 2007 draft of an oil and gas law, which all parties had agreed to previously

[millionday] Amnesty International called Thursday for Iraq to issue a moratorium on its use of the death penalty and commute all death sentences after Baghdad said it had executed 26 people this week. The executions, which brought to at least 96 the number of people executed this year, were a “significant and worrying increase compared to the previous year” when at least 68 people were executed, the London-based rights group said in a statement. “Many trials of those sentenced to death failed to meet international standards for fair trials, including that ‘confessions’ obtained under torture or other ill-treatment had been used as evidence against them,” it said.
[millionday] Some Iraqi television stations continue to broadcast self-incriminating testimonies of detainees even before the opening of a trial, undermining the fundamental right of defendants to be considered innocent until proven guilty.” “Amnesty International is urging the Iraqi authorities to refrain from using the death penalty, commute all death sentences to terms of imprisonment and declare a moratorium on executions,” the statement said. Iraq executed 21 people, including three women and one Saudi national Monday, and five more people, including a Syria national, Wednesday, a justice ministry spokesman said

[usmcvet82] Cleaning House
[millionday] terrible to see people executed without even a fair trial
[millionday] brb with more 

MOUNTAINMAN & TONY POST, 31 AUGUST

8-31-2012 Mountainman: We're still trying to determine whether or not Talabani has returned.  My gut feeling is he has and he's preparing for the national meeting with Barzani.  I can't imagine going another week without a solid date for that.  As usual, things take a little longer than we hope but we are clearly making progress. 

8-31-2012 Tony (PTR): Talabani is already back in Iraq. He has been back in Iraq. They have already been having meetings. Talabani met with Barzani in Kurdistan on Wednesday. Today is Friday. So, how is he not coming back until the middle of September. I’ve got it from several sources that the coins and lower denoms are in the markets and in the exchanges with orders not to be used until after the first of September.

BULLDOG CHAT, 31 AUGUST


[Bulldog75] 1PM CST: HAPPY AUGUST 31st AND A "BLUE MOON EVENING":

[Bulldog75] On Friday, Aug. 31, skywatchers will be treated to a Blue Moon. Does this mean the Moon will actually look blue? Unfortunately, no. To understand the celestial event — and the story behind the name — we've prepared a brief Q&A, with a little help from James Applegate, a professor of Astronomy at Columbia University.
[Bulldog75] What is a Blue Moon? The term Blue Moon refers to the second full moon in a single calendar month. The first full moon was on Aug. 2. The second full moon will occur on Friday, Aug. 31.

[Bulldog75] I know the phrase "Once in a Blue Moon" means something very rare. How rare is a Blue Moon? Blue moons happen every two to three years. Typically, a single month only has one full moon. But sometimes another gets squeezed in because our calendar months and our lunar months aren't an exact match. The time between full moons (the time it takes for the moon to orbit the Earth and cycle through all its phases) is 29.5 days.

Our calendar months, on the other hand, usually have 30 or 31 days in them. This means each calendar year has about 11 more days than a lunar year. "The fact that our months are about a day longer than the time between full moons means that if the 1st or 2nd (for a 31-day month) is a full moon, then we get a second full moon (the blue moon) in the same month," says Applegate. This happens roughly every 30 months, or every two to three years. 
[Bulldog75] Is a Blue Moon really blue? No, it will not be blue in color. It looks like a regular full moon.

[Bulldog75] Why is it called a Blue Moon if it is not the color blue? The origin of the term "Blue Moon" as it refers to the second full moon in a single calendar month is tied to modern folklore. Sky & Telescope has a lengthy article that uncovers the mystery behind the name. Here are the Cliff Notes. There is typically one full moon a month, which means 12 full moons a year. This also means that each three-month season — winter, spring, fall and summer — has three full moons.

Originally, each moon had a name that represented the season they appeared in (i.e Flower moon in June during the late spring or Harvest moon in October during the early fall). As early as 1932, the Maine Farmers' Almanac used the term "Blue Moon" to describe the third full moon in a season that had an extra fourth full moon so that the seasonal-appropriate names didn't get out of whack

[Bulldog75] THE MIDDLE EAST , ESPECIALLY IRAQ IS "BIG" ON THE FULL MOON.

[Bulldog75] In March 1946, astronomer James Hugh Pruett wrote an article called "Once in a Blue Moon" that appeared in Sky & Telescope. In the article, the author incorrectly used the Farmers' Almanac's definition of Blue Moon to refer to the second full moon in a single month. This definition for Blue Moon gained widespread adoption after Deborah Byrd from EarthSky used Pruett's 1946 definition of a Blue Moon to describe the second full moon in a month on a radio show in 1980.

The second-full-moon-of-the-month definition for Blue Moon is now commonly accepted in popular culture.

[Bulldog75] When is the best time to see the Blue Moon? "The full moon is visible in the eastern part of the sky near sunset, high in the southern sky near midnight, and low in the west near dawn," says Applegate. If I miss this Blue Moon, when will I be able catch the next one? There won't be another Blue Moon for three years. Mark your calendars for July 2015, the next time two full moons will occur in the same month.

[Bulldog75] Does the Moon ever actually appear blue in color? Yes, but it's a rare occurrence. The moon can appear blue (or green) after a volcanic eruption that emits particles into the air, which scatter red light. People saw blue moons for years after the 1883 eruption of Krakatoa in Indonesia. The same phenomenon was reported after the eruptions of Mt. St. Helens in 1980 and Mount Pinatubo in 1991.

But again, the Blue Moon you will see on Friday refers to the second full moon in August. IS THIS A COINCIDENCE WITH A FULL MOON TODAY/TONIGHT? AND IT BEING ON A 'FRIDAY'? AND A LONG LABOR DAY / THREE DAY WEEKEND? AND A PENDING RATE POST? WE WAIT AND SEE. BLESSINGS. I LOVE YOU ALL.
[Bulldog75] TYVM. GONE.

[Bulldog75] EAGLE2124 ckgdrums destiny kdw frozenalaskan MKRAINTZ (NO DRIVE BY; BUT A DRIVE-IN;   LOL. uratemple _Visionary1 1blessedchica malo0o fishinmama7700 Kini RefinedbyFire .gypsymama randaree ~sednet1 KAI IslandDancer renee 1blessedchica blessedandhighlyfavored : BLESSINGS. WE ARE LOVE AND HAPPINESS FOR NOW AND EVERMORE. OUR MANNA COMES FORTH FOR WE BELIEVE AND DECLARE. SEE YOU AGAIN SOON. GONE.

PATCH, LORIC,CHRIS, POPPY & BGG POSTS, 31 AUGUST


8-31-2012 Patchz12: Ok we have two articles here: 1. Says that Talabani met with Barzani on Wednesday the 29th. This could be real or not. Previous articles said that Talabani would meet with Barzani as soon as he returned from Germany. So, the first article says they MET. 2. Says that they will not hold a National Meeting without Talabani. Should they do so without him the terms of Erbil will not be applied. It also said that when Talabani does return it would be a morale boost. We will see, watch diligently! 

8-31-2012 National Meeting: The presence of Talabani will give the two conferences and the political parties desire and an important morale boost to sit to the table and attend the National Conference. The presence of Talabani to achieve good results and more palatable than rival political blocs. The presence of Talabani and sponsorship of the National Conference is very necessary. Talabani instructed his representative to attend the conference to be held soon. The conference will not be held without Talabani's presence because the Kurdish leaders have lost confidence in Maliki to apply the terms of the Erbil


8-31-2012 Talabani: The president assigns people to lead the National Meeting since. Expected to return within ten days from the beginning of next month. President Talabani is likely to return during the the first ten days of the next month to invite the political blocs to a National Meeting and resolving outstanding problems. Talabani as protector of the Constitution and has powers of being able to resolve the outstanding problems but if delayed treatment does not mind the mandate of someone irreplaceable to be within the orientations and recommendations.



8-31-2012 LoriC: What a great debate we've had going on over at Iraq-Business News.  Very informative and I wanted to thank Enorrste, Amanda, SWFloridaGuy, Chris, 4aprofit, Milndollarbabe, Zul and all the rest who took the time to research, present their findings and put themselves out there on behalf of our investment.  The news has been stellar out of Iraq recently and I couldn't be happier with where we are at. In less than a week the Talabani will return and we will have a National Meeting.  This next week or so could be a big one for us. 

8-31-2012 Chris: The US rolls with trillions in debt with substantially less than the Iraqis have in wealth. How does that prove or disprove the validity of a revaluation of the currency. If anything it showes that these countries that extended debt forgiveness know the value of Iraq. Hence why China is sending out a delegation to explore investment options. How would it throw a country into trillions of debt that makes an average of 6-10 billion usd a month in oil revenues (as seen in transaction files of the defense fund) not to mention natural gas revenues, no telling how many metric tons of gold and more. The treasury is not so foolish as to continue to hold trillions of dinar if it was toilet paper. Now many others have given substantial evidence in support of an revaluation of the Iraqi dinar. USD will not always be used on the streets of Iraq. They will pull the usd off but it will take at least 1:1 to do that. Again, you are entitled to beliefs, perhaps when you come back with articles to validate your beliefs on why Iraq will remain co dependent on the usd and never place the dinar (their own currency) up to international standards. Is that not why the push for IMF to pay Kuwait on behalf of Iraq, or debt forgiveness so other counteries can advance their abilities to invest, in order to be fully released from chapter 7, to have their own democratic government, to have full control over their own monetary system. You hold this country in low regard as well as its capabilities. Once tensions are eased and the pride ceases, when Iraq works together for the good of the whole, it will accomplish much more than you could ever imagine. It is notably one of the richest counteries in the world and the only thing holding it back is political posturing, this I am sure for their people they will overcome.


8-31-2012 Poppy3: RUMOR BUT FROM A GOOD SOURCE. GOT A REPORTED UPDATE LAST NIGHT THAT TALIBANI WILL COME IN WED, THURS OF NEXT WEEK. He will have private meeting the next day with Barzani and if all goes well in that meeting he will then call for National Meeting within the following week where all issues will be finalized. This all sounds to good to be true. This will finally complete all things needed for the RV I just hope it will satisfy the good DR SHABIBI. This is from a friend who has a family member in Baghdad that says this is the talk on the streets there of what to expect thus the reason it is a rumor. Guys I must add this according to my SS friend Talabani has not scheduled any return flight yet and when he does they normally get alerted to his movement. I will update that if it changes. 

8-31-2012 BGG: "Barzani is reaching out to overcome the obstacles of the past." The main thing to note is that Barzani is reaching out on his own. Very odd considering the mood over the last week or two. This looks a lot like things are coming together in a big way.


8-31-2012 HCL (Reuters): The central government is poised to resolve the dispute over oil, land and power-sharing, a conflict that threatens the Federal Union instability in Iraq. Could resolve the dispute over the oil through an amended draft of the HCL dating back to 2007, a draft that had the consent of all parties earlier. The proper way to resolve is the adoption of this draft and add some amendments agreement of the parties, that were necessary. Preliminary talks indicate progress.  





THE IQD TEAM HIGHLIGHTS, 31 AUGUST


The IQD Team
Investigate, Question & Deliver
Thursday, August 30, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay -  August 30, 2012
Download/Playback
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Recap of the News tonight & analysis
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed below - the following are just Highlights)


CBI/ECONOMY  

STRAIGHT TALKIN MIKE

"Three Official Bodies of CBI to Sell Currency for Travelling in Iraq"

They are restricting some of the money that they are getting so they know how much is out there -there are plenty of dollars out there for people to travel and do what they need to do so they know exactly what is going on and exactly where the dollars are..and then you have the auctions and they just have to follow the auctions
....there is alot of money out there and they know exactly where it is going - this should give you true confidence is what they do - they are doing a really great job of keeping track - he just needs to explain it to the people so they understand what he is doing and that they have confidence in the system and they know they can go to these places to get these dollars and that there are official places for them to go....remember we have always talked about the idea that you want everybody to come to the Banks for dollars and you want them to transact business with the banks and get them used to going to the banks for all their business so when there is more value to their currency they will use the banks and understand how it all works and they won't get ripped off
"Central: debt settlement more than / 13 / thousand commercial creditor of Iraq"
Two great things in this article....one the extinguishment of their debt - remember all of the debt that they owed because of Sadam because they want to be a sovereign country - they are issuing sovereign debt to cover these things- they have the money set aside to pay that - they are telling the world that we are no longer going to need you to guarantee our funds because we as a country Central Bank can now guarantee everything that is out there - we've done accounting of it - we are closing the file - so all the past debt we owed - we are fine - we can now move forward and noone has claims with us other than what we have settled so they are feeling very confident that noone is going to make claims on their funds and we remember back that the Americans in order for them to get thru this process - big announcement - we guaranteed their funds so noone could come in and take them - now they absolutely can do that on their own and they can take care of themselves on their own - Another step in them becoming financially independent to the rest of the world and having a very sovreign country issuing sovereign debt and not being worried about being sued by another country for debt that supposedly owed so they are clear and telling everybody that we are done...VERY EXCITING ARTICLE

Goverment - Highlights
Straight Talkin Mike


GOVERNMENT

Everybody is waiting on Talabani...read a few articles his health is not good and some say he is okay and someone may be taking over for him - the fact of the matter is we don't know - he has been gone for a long time and there is a possibility that he has some kind of long term illness and that is why they want to be quiet about it - also a possibility that he is just staying away til everything is done and they are not quite ready yet - trying to force him back in the country to show his face - certainly there were people that ran to his home in Germany as they say - his second home now - to say everything is okay and they are wishing him well - They are really trying to do the things that they can do to get things going
Eventually we will be able to see things coming together in the next week - Remember Talabani is due back next week according to the articles but also remember you will see articles questioning what is going on with him because it my opinion they want to keep things quiet until it is time for him to come back - you don't want everyone to know what the plan is
I still stick to my guns.....Talabani is important to this process and they are just trying to scare him into coming back

"Kuwaiti newspaper: Talabani's health status is not good and Barham Salih Athye to succeed him"
If you dissect this article you realize there is a political point to this article Maliki's advantage to having him in town early is to get him into a corner and get him to agree to all of the things he wants
The good thing about him being out of town is he won't be influenced by Maliki and all the things going on - Talabani is out of town - due back next week - certainly he wants to be the person who does the negotiations between the parties and probably will be just ceremonial

"Deputy for Iraq expects to resolve some of the files, including the office of the Ministry of Defense in the next meeting of the three presidencies"

You can see the depth of how things are coming together- everybody is talking -everybody knows this needs to get done
people are on the phone with Maliki talking about all of the important things that need to be done - the election commission needs to be done -the amnesty laws need to be passed - we talked about the debt being done earlier - the Parliament really needs to figure out what they are going to do about amnesty and part of it has to do with whats going on with the people Maliki put into prison and you need to have at least some idea they are going to forgive these people who were in the regime
of their past differences and know that at some point in time if they do this again and they break this law there are certain things that can happen and will happen

its pretty interesting that it is getting to be down to the end very shortly and you can see how close everything really is
Everybody is talking and trying to get things done - I am very encouraged by what I read and see - hopeful that Talabani will be back next week and they will get all of this done...

And there you have it...
Straight Talkin' Mike On The Straight Talk Express Bringing You Another Night of Positive News!

The I.Q.D. Team's News Coverage
for Thursday - August 30, 2012 


CBI / ECONOMY

Three Official Bodies of CBI to Sell Currency for Travelling in Iraq

Central: debt settlement more than / 13 / thousand commercial creditor of Iraq
========================================

GOVERNMENT


Kuwaiti newspaper: Talabani's health status is not good and Barham Salih Athye to succeed him

Parliament lifted its Monday after finishing first and second readings of the six laws

Deputy for Iraq expects to resolve some of the files, including the office of the Ministry of Defense in the next meeting of the three presidencies

Tentative agreement on the adoption of the draft law of oil and gas in 2007
=======================================

NEWS ARTICLE LINKS

What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A

We are getting closer every day......GET R DONE!!


Conference Call Replay -  August 30, 2012
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As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues & Thurs 8PM EST
760-569-7676  769478# or 712222#

INTEL4U CHAT, 31 AUGUST


[mbd4049] WCW so you think today is a good day? Fab because all the banks will be closed on Monday and that gives them a little extra time to get ready, right? lol

[Dinara] CNBC is talking about Confronting the Crisis now and I think they are waiting to air it.

[WCW] kyf58 i just want to see it today we may not cash out till tuesday but at least we would know where we stand

 [mbd4049] WCW totally agree thx for info lol

 [tb30] WCW I am with you on that. It would be so awesome just to know.

 [kyf58] WCW Yes, I beleive that all of us would like to know where we stand....we can wait until Tuesday to exchange knowing its DONE!:bliss:

 [WCW] mbd4049 it can happen today and not show up till monday evening at 4 cdt when banks start opening up

 [mbd4049] WCW I understand, BUT if we can get confirmed info this weekend would be a great one to celebrate... :champagne:

[WCW] mbd4049 that s what im hoping for

 [mbd4049] WCW I read somewhere that O wanted to wait until next week at the DNC so he could say US debt has been paid under my watch
[WCW] mbd4049 he would love that he wants to come out smelling like a rose

[wyocowboy] WCW Good morning! Just a thought...If the RV happens sometime later today, it would be perfect timing for the banks...but not like most would think. They say the banks would start cashing in 2 hours after the RV, so for security reasons, the banks would like less people in the banks...

[puppylove] wyocowboy gm

[blessedandhighlyfavored] B in Jackson Hole...Do you think they are going to put in the hole while he is there? :superlachen: :superlachen:

 [kidstone] If you listen to Bluwolfs CC he states that O is not holding this up and has already signed off on it.

 [blessedandhighlyfavored] kidstone Exactly!!

[kidstone] Sorry I believe that was Footforwards CC

 [wyocowboy] WCW we are cashing in. Funny thing...we have a 3 day weekend, the banks are closed to the public, but might like to make appointments for taking care of their new wealthy clients.

 [paradisegirl] kidstone no, Footforward is in the camp that believes O is holding this up. guess we won't know the truth until post rv

[mbd4049] wyocowboy great thought! DUH didn't think about it that way, good job! lol

 [pappyy] wyocowboy I am wondering if the banks will go 24/7 like we heard back several months ago? Any thoughts?

 [WCW] wyocowboy my banker know s nothing of the opening up 2 hr s after this pops im not saying its not going to happen we wait and see

 [wyocowboy] mbd4049 pappyy If they are worried about other people watching us cashing in, why not when they are closed but open for private appointments??? Just a thought...

 [pappyy] wyocowboy that's what I am thinking, but I guesss we really won't know until it happens

[kyf58] somethings gotta give Let them guess what we are celebrating.....a new birth! lol Sweet mysteries of life....

 [kidstone] wyocowboy your not going to be standing in a teller line to cash out so there's no worry about regular bank customers

[wyocowboy] kidstone Correct, but not all are going to be discrete, trust me on that...just look at the way the act pre RV!! roflmao

[agape1] Would it not be better to cash out with the rest of the customers and blend in for security not to cause attention

 [wyocowboy] WCW My daughters and son all worked for a local large bank, they are all invested and most of the people working there have no idea what is about to happen.

[captaincaveman] Who's ready for this baby to pop???

 [WCW] i will say this the codes may not be released till a later datewyocowboy

[pappyy] agape1 JMHO, I managed a WF for a number of years, appts will be made with bankers, they more than likely will escort you to special teller lines for exchange, on very rare occasions to bankers handle money, only teller, that is where the most security and camaras are!

[wyocowboy] pappyy AMEN to that! I do not want to be in some conference room and the banker leaves with my IQD to cash in with a teller...I want to see the teller handle my IQD all the way through to them handing me my deposit slip!!

[mbd4049] wyocowboy totally with ya, dinars won't leave my sight lol

[pappyy] Believe me, the banks will have a process in place to not only protect them but us!!!

 [Precious] Fox news speaker says Bernakie WILL print more money this year

[Papa Bear] Bernanke says no more easing for now in speech. SURPRISE SURPRISE.

Barb-WCW-Any Updates?

[WCW] barb nobody is talking

 [WCW] barb barb i really think that it is all done and we are just waiting on the release

[kyf58] WCW With no action from the Fed, is this what you were expecting? Thanks!

 [pappyy] wow, given the lack of action from the Feds, I thought the market would drop, but evidently it is being manipulated big time, it's going up!!

 [WCW] kyf58 this is what i have been waiting on

[BigB] WCW Do you think we will be exchanging for FRN or USTN?

[Papa Bear] pappyy Most anayst have already adviced clients to exit or at very least move to safer sectorsa

[WCW] ust

[kyf58] WCW Me too, thanks....interesting cnbc just posted a name Nick ? and identified him as the W.F currency exhange president....thought that interesting....

[BigB] WCW Agree - that is why we are to place in the NIB checking.

 [WCW] BigB that s right

 [kyf58] WCW Bernacki mentioned Non Traditional measure: Can we say CE?

[BigB] WCW Do you feel that the FRN as going away with the RV or 30-90 days after? I feel that when this is done, the dollar is going to take a 20-40% hit.

[WCW] kyf58 that s what it sounds like RV

[kyf58] WCW Bernacki, left everything WIDE OPEN....this is good IMHO.

 [feda] Isn't that a great way to start of the dinar waiting day

 [WCW] Bigb im going to think on that one

 [constantlyabiding] Any thoughts on why CNBC running adds on "The Feds Decision Septemer 13th"

[pappyy] blue skies doing well, soooooo ready for a long weekend!!!

 [WCW] pappyy we hope and pray long rich weekend

[pappyy] WCW I am soooooo with ya there, we pray for the release of the RV!!!!

 [tradewind] Wcw so u think this cnbc knows or don't know about the ce

 [jetpack] Will today be the day?? :)

[Drod] blue skies Let's CE already!!

Papa Bear] Metals up <$ down mkt up crude up

[paradisegirl] memorial service today for Neil Armstrong. Very apropo that there is also a blue moon today. RIP, Neil........

[xyz] US Fed hints at further measures --> The head of the US central bank, Ben Bernanke, says that he has not ruled out further action to boost the US economy.

http://www.bbc.co.uk/news/business-19441829

DINARLAND POSTS, 31 AUGUST

[devildogmom] I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under GOD, indivisible, with liberty and justice for all. God bless the troops, God bless America and her allies, and God bless all of you!

 [2012jesus] will today be our day? , 3pm est ,,,remember iraq loves fridays for RV 'S

cruiser] Hi quick stop by. Lot going on in Europe. Gold talk, wonder why they have not done this already. They could need gold for something else lol : Time for Eurozone to Reach for the Gold Reserves? http://www.cnbc.com/id/48853777

 You also have someone looking to resign (Banking change): Weidmann Departure Rumors Symbolize Euro Zone Splithttp://www.cnbc.com/id/48855571

 Why are they going to print new Euro banknotes?: ECB Said to Use Greek Myth for Security on New Euro Banknotes:

http://www.bloomberg.com/news/2012-08-31/ecb-said-to-use-greek-myth-for-security-on-new-euro-banknotes.html

 [cruiser] BTW still sticking with the Prediction :)

[devildogmom] cruiser gm The room will be very quiet for a bit with all that reading to do. Thank you for bringing it in

 [cruiser] devildogmom Alot going on in Europe. Now what will the FED do today? Think nothing, going to have to read Mr. Bernake and the markets.

 [2012jesus] cruiser TODAY AT 10AM bernake  est

 [devildogmom] cruiser Interesting that they are talking about new euro notes and gold reserves

[BigB] cruiser Heard Early this morning through a whale that things are happening. Waiting for a confirmation and/or more info.

[cruiser] Time to start the day. It is going to be a long one!!!! Just please stay grounded!!

[cruiser] BigB That is what I am doing. Whale watching with the family lol

[devildogmom] cruiser I'm so grounded... I could mow the lawn with my teeth. rofl

[BigB] cruiser The rate quoted is the same as Bluwolf has been stating for many months.

[maranatha] cruiser we are SO grounded, even lightning avoids us lol

 [Stitch] cruiser bye thanks for stopping in - have a great and prosperous day!!! grin

 [xyz] cruiser i am grounded and nailed with 1 feet nails :superlachen: :superlachen:

[cruiser] BigB SHHHHHH!! No need for that. Let it happen please.

 [cruiser] Bye all

[BigB] cruiser Have fun with the whales!

 [devildogmom] puppylove 2012jesus Is there something stuck on my front teeth?

 [JstBringIt] xyz Where do you buy "feet nails"? :superlachen:

 [thankful] Grounded Grounded Grounded. Time to pack.

 [kansaschick] Everybody ready for the blue moon tonight? What a perfect and ironic time for an RV! Once in a blue moon!

 [kansaschick] Happens every 2-3 years. If it does happen tonight......Invested all this time, listened to hundreds of calls and read volume after volume of posts, and the only thing we were really waiting for was the blue moon? You can't make this stuff up.

[kansaschick] But that is a very big if, and I DON'T want to read somewhere that kansaschick called it in the MIG chatroom. PLEEEEZ and THANK YOU.

[2012jesus] rare blue moon tonight ,gooooooooo Rvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv

est1154] can someone tell me the significance of the blue moon tonight

[maranatha] best1154 the second full moon within the same month

[maranatha] won't occur again until 2015

[#2sister] Hey guys...I think I have this RV thing figured out! Has anyone said. "Mother May I?

[devildogmom] #2sister I think you might be on to something... Seems like we've been playing red light, green light lol

2012jesus] Jeff cruiser still within sept 1st he said this morning

 [Jeff] 2012jesus lol been saying September for months while holding out for something sooner of course LOL

[2012jesus] Jeff my people saying the same thing today looks very good hope around 3pmest praying

[2012jesus] bbl have to run ,,ben bernake on at 10 est

[Jeff] 2012jesus that is nice. When I am at the bank I will believe it then LOL

[captaincaveman ] What channel is the Bernanke Jackson hole speech on ?

[Jeff] captaincaveman Jackson Hole is synonymous with digging out of the mess we are in

[TLane] Calloway - I Wanna Be Rich http://www.youtube.com/watch?v=Ztk9t_m1FpY

[blessedandhighlyfavored] Has everyone or anyone listen to FF call last night? Well, if you did not, please go listen and pay close attention what a caller said by the name of "Captain" around the 40 min mark. He has been saying this for months and he is truly on point. Just giving us food for thought and hope!! God bless!!

TLane] blessedandhighlyfavored Please interpret what you heard~

The Thursday Night Big Call Recording with FootForward 1-760-569-7699 169061#

[blessedandhighlyfavored] TLane You this site is being monitored that's why I say go listen to the call.

FOOTFORWARD POST, 31 AUGUST

8-31-2012  Intel Guru Footforward    The chaos is really at a level that is unreal.  It is outrageous what the excuses are.  Do I believe the negative info, not at all, none of it makes any sense.  They want to be a powerful country.  You can’t do that if you don’t have a strong international currency.  Shabibi has said that they will have the highest valued currency in the Middle East and the entire world.  The dinar previously to being at the value it is now was $3.22, a strong value.  Iraq has everything to back this.  We are going to an asset backed currency. People say they can’t sustain a $3 or $4 rate, are you kidding me, or people say they have to slowly raise the value, I’m going to say “not”!  That does them no good, doesn’t benefit them.  Iraq isn’t in control, Iraq desperately wants out of Chapter 7.  I am expecting double digits and because of all the chaos, I am expecting something to happen immediately.  I believe we are looking for something to happen at any moment, at any time, immediately at a very high rate.

CBI: We are committed to accountability before the legislative authority and according to our mandate, 31 august


CBI: We are committed to accountability before the legislative authority and according to our mandate

31/08/2012 10:54
BAGHDAD / Bri Center for the Iraqi Media Network – said the Central Bank of Iraq that he is committed to accountability in front of the legislature (parliament) and in accordance with the authorized limits of validity, and the last issue of the decisions are enforceable by the Bank.
The deputy governor of the Bank the appearance of Mohammed’s (Brief Center for the Iraqi Media Network) that “the Constitution committed the central bank accountable to the House of Representatives and there is no response by the bank without any hesitation is committed to implement anything issued by the Council.”
“We as an institution we have to prepare for accountability and defense in accordance with the possibilities charged by the central bank and in accordance with the Constitution,” noting that “our answers will be authorized within the limits of our mandate.”
And decided to fact-finding committee formed by the Council under the chairmanship of First Deputy Chairman of the House of Representatives Qusay al-Suhail and the membership committee chairmen of Finance and Economy and Chairman of the Board of Supreme Audit and hosting its first meeting officials at the Central Bank, including governor Sinan al-Shabibi.
He was a member of the Finance Committee parliamentary Haitham al-Jubouri threatened to resort to collecting signatures to interrogate Iraqi Central Bank Governor Sinan al-Shabibi The unmet Presidency of the Council of Representatives asked the formation of an investigative committee on measures central bank followed in his dealings,as revealed yesterday inception Collect 50 signatures to demand the formation of an investigative committee transactions Central Bank.
Jubouri had revealed earlier this month about the involvement of influential political figures (undisclosed) the phenomenon of smuggling (5-10) million dollars a day through an auction sale of currency, and stressed that the money part of it goes to support “terrorism.”
And asked the CBI to investigate “immediately” to “allegations” the involvement of influential politicians phenomenon of money laundering, calling to talk about the involvement of politicians to “risk.”
The main tasks of the Iraqi Central Bank to maintain price stability, and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking sector.
http://bit.ly/y89cCu

CBI proposes trading of gold and silver in the banking, 31 august

CBI proposes trading of gold and silver in the banking


31/08/2012 11:11
Baghdad / Bri Center for the Iraqi Media Network – The Central Bank of sending a number of banking proposals to the Cabinet allow dealing بالسبائك and gold.
The deputy governor of the Bank the appearance of Mohammed Saleh (Brief Center for IMN) that “the central bank suggested that the government promote deal banks بالسبائك and gold and silver.”
He added that “these recommendations come to the central bank’s desire to strengthen financial Iirorh and maintain the country’s monetary policy.”
The main tasks of the Iraqi Central Bank to maintain price stability, and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking sector.
http://bit.ly/Ru3T8J

Thursday, August 30, 2012

DINAR CHATTER , 30 AUGUST


Dinarfor2: I have my own bank story and just can't believe what happened.

I went into the local bank this morning and cashed a $50 check for some cash. When i handed it to the teller she asked me how i would like the bills back and without a single breath i said i would like the new US treasury bills. She looked me right in the eyes and said they haven't been released just yet and there not bills there notes... I just looked right back at her and said I guess i will just have to wait a little longer. She said yes, just like the rest of us. I gave her a huge smile and left the bank with an uplifting feeling that I/We all need to have once in a while.  dinar4two

[xyz] right now busy day is sept 12th for europe. http://www.bloomberg.com/tv/

[xyz] 'Drink Less, Work More', Billionaire Tells Non-Rich http://finance.yahoo.com/news/drink-less-more-billionaire-tells-152654355.html

[2012jesus] annieh not a intel person just playing with wcw ,,my bro ,,but cruiser said sept 1st or sooner,thats what iam hearing ,just got call

[WCW] 2012jesus just got a call today are tomorrow is our day

 [2012jesus] annieh WCW told all

[annieh] 2012jesus tomorrow????? time?????? hahaha

[2012jesus] annieh same as CRUISER before sept 1 st 
[annieh] 2012jesus different sources?

[WCW] kimskennelklub from 2cdt till 5 cdt all us banks are open and from 11cdt till 8 cdt they are all closed .  THATS HERE IN THE USA

 [WCW] Tradewind i just wish that i could push the button

WCW] If it has already rv ‘ed it can show up at any time it does not make any differance if banks are open or closed

[barb] WCW I am aware Hawaii is part os US ust do not understand why this is relative to the CE as this is a world event involving many countries

WCW] barb because the rate here in the usa will not be the same as everywhere else s because our s is tied to oil thats why this rv is different

[pmw1973] barb imagine ....the EVENT has already happened....we cant see it yet

[ [eagles4] barb My understanding only the USA has individual investors, Maybe thats the reason

[barb] WCW tyring to wrap my brain around this.. not trying to argue, so this is going to reflect a gold back currency in the US in lieu of a fiat currency?

[WCW] barb yes there is a lot going on behind closed doors to get this done it’ s differant

NuffSaid] WCW the rate will be the same for all from the CBI site.

thankful] Bank Exchange Packing List for Long Drive and potential Overnight: so far we have large casual purse, dinar, other currency, 2 forms ID, bill with address for residence proof, full gas tank, trail mix, water, receipts, change of clothes, flat shoes, toiletries, self defense gear. That about it?

[thankful] Ahhh! laptop, cell phone and chargers!

 [justaguy] thankful And the "code" lol

[2012jesus] Higherground iran is done , and we should see rv soon

[HIGHERGROUND] 2012jesus amen

 [2012jesus] HIGHERGROUND thats what i was told tonight /tomorrow ,,just like CRUISER saying before or on sept 1st,, praying

 [HIGHERGROUND] 2012jesus that is awesome....news...

 [2012jesus] jetpack praying

[longhornhusky] Does anyone know what Bernake is going to talk about? IS it QE-3 talk? Stocks fell on Thursday after several days of muted trading as investors took a defensive posture before Federal Reserve Chairman Ben Bernanke's much-awaited speech on Friday.

[foggy01] longhornhusky Bernake will say nothing, but markets will react to the expression on his face. Just watch!

[blessedandhighlyfavored] Per Tony at PTR that there supposed to be an announcement in Iraq today but it is not the RV announcement....hmmmmm....I wonder what it could be then.....any thoughts on this one anyone????

 [weneedit] Could be the news about the small bills and coins

[blessedandhighlyfavored] weneedit Yes he said it on yesterday on PTR call so we shall see today.....

DINAR GURUS UPDATE, 30 AUGUST

8-30-2012  Newshound Guru Adam Montana    It's been known and established for quite some time now that there is a plan to re-evaluate. Along with a re-evaluation comes a need to redenominate - with a higher valued currency must come lower denominations in order to continue physical cash transactions.

8-30-2012  Intel Guru Checkmate   the level of this confirmation of things we're hearing today are kind of INTERESTING... I won't go into detail but to say we know the banks have been saying things for a long time and now we are hearing it from different parties and entities that are verifying it...there is a lot of movement in the last 24 hours...of things we would see if we were moving forward...I'll leave it at that...we have heard this level of stuff before all to wake up 3 or 4 days later and no one is talking...so it is a little different tonight...some of the places we are hearing are interesting.

8-30-2012   Intel Guru BOBGETZ6    With the news of the coins being ready to be distributed, but on hold, the first of the month looming, I know something big is about to happen. There is much, or so I have heard, going on in the background as well as a lot of money moving around. China and other countries have purchased enormous inordinate amounts of gold over the last month or so. I believe we are in for a big change and my gut feeling is how could it not be now? This is not a prophecy of a date, just a well thought out view of my own.

8-30-2012  Intel Guru Tony   The coins have been given to the merchants but are not to be used until after the 1st of September.  There are still requirements that need to be met.  There are meetings of Parliament, votes being taken, announcements to be made during the rest of the week…this is what my sources are saying.  We have our dignitaries over there as well as dignitaries from other countries and they are not there to sightsee. My understanding there was a huge problem that was holding this up and it was resolved.  There are things happening to conclude this.  We are in a very good place.  

8-30-2012  Intel Guru Gary   We do know that the coins are being disbursed.  It’s important to understand that at the level of the IQD at this time, the coins are pretty much useless.  We also know that people are receiving in the mail smaller bills as they purchase IQD. 

8-30-2012  Intel Guru Checkmate   This has been ready for many, many months.  Someone is holding it up and what is the reason?  In this holdup, we have seen some banks getting weaker, who benefits from this, who wanted this to happen?  The IQD is ready to revalue.

STLOU, REVBO, CHRIS, PUCKSTER & PAT POST, 30 AUGUST


8-30-2012 Stlou: Iraq will not get the dinars we hold. Instead, they will be gathered/collected/cashed in at our local banks (or whomever you decide) and will be eventually sent to the US Treasury, where they will be held as foreign reserves by the US Government. Remember, Iraq has stated (via Shabibi) that the dinar will be eventually used as a "reserve" currency. Over here, that would pertain to foreign reserves, which, in turn, will strengthen the value of the USD. It also will be used (the higher denoms), for inter-bank transfers. 

8-30-2012 Revbo: Why would everything become 1000x more expensive in Iraq? Just as Bakri said, as the dinar becomes more valuable, products and services retain their inherant value. The price just loses three zeroes. i.e. If a car costs 20m dinar now, it will cost 20,000 dinar post-RV. It seems pretty disingenuous of the writer to say that the price of everything stays the same after the money changes. That's just basic economics. A house in the US cost $5000 50 years ago. As our money became less valuable, the price of the same house went up. 



8-30-2012 Chris (Response To IBN): Go take a peek at the Iraqi Defense Funds pdf files for each month. Iraq is still under chapter 7. The money is placed in a cauffer then an amount is destributed back to Iraq. They do not have full control of their monetary assets as of yet. So their budgets are under the microscope of the IMF as well as US. So when you hear someone say it is out of Iraqs hands they are partially correct when they say its in Iraqs hands they are partially correct. Goals have to be met, political and financial, (so that would be Iraqs part) in order for IMF and World Bank to make their move (the out of Iraqs hands portion). Thus why Iraq was given an additional stand by agreement time of 7 months starting in August 2012. 

8-30-2012 Chris: So again, no one has addressed the issue of big 4 banks handing out bank accounts specifically for the IQD speculation. I would assume that if the revalue is a known scam it would be illegal for banks to offer such accounts. Secondly the Iraq Defense Fund was also reflecting oil revenues for the month to the tune of 9.5 billion alone in April. Just the oil. Then you see stacks of gold in an article from kurdistan. Again, perhaps I am a dense investor who knows nothing about macroeconomics, yet when you add all of Iraq's assets it most assuredly is greater than the USD. While our gold coffers nearly empty, our gdp is an embarassment, our debt is off the charts. The current value of the dollar looms at .82¢compared to stronger nations partial thanks to the federal reserve hyperinflating the dollar with every qe3. Forget the federal reserve, the IMF and world bank runs the show. Iraq has contractual obligations to fulfil with the US and IMF. Look at the list that offered debt forgiveness or monitary relief to Iraq to help expand…esp in these Paris Club agreements. Japan, China, why? China is sending a delegation to Iraq to invest. Back in 2008 Citibank stated in a “Doing buisness in Iraq” investors guide, “In 2008 the Iraqi Dinar sharply appreciated but is currently being managed at the current rate." The information is out there, but most would rather banter than do the leg work.  

8-30-2012 10urout (Response To IBN): I have spent my adult life studying, teaching, and selling investments, economics, and their strategies for 38 years. I have taken courses in analyzing the back ground of investments and their viability. My journey has taken me to research mega investments that required “wrappers” which did not allow me room for error. I have also applied these same principles to this currency and history. Sorry to say the author of this article is so off base I am embarrassed for him. This sounds like so many that have already been in print that gloss over the possibility of this event which has happened more than once in history; however, back then no Internet to allow the common man a heads up, so only the rich and connected were able to take advantage of past quiet historical events. It is apparent this author totally ignores the words from Governor Shabibi, PM Maliki, the IMF, the UN, the World Bank, the WTO, Middle East countries and their Central Banks, and many Central Banks of Europe. Even my banks know of the revaluation of the Iraqi Dinar and Vietnam Dong. The forest is on fire with this coming event, yet some cannot see a forest blaze because they are on the other side of planet earth. Sorry to have been so harsh, but I am sick and tired of individuals who do not bother to do their homework. I could have said more, I choose not to, my point is clear enough. 

8-30-2012 Puckster_Guy (Re-Bloomberg Video): All the financial big shots are talking Iraq now. Just recently these guys were saying we were wasting our time and money there. How things change, I wonder who or what is changing their tune? All the better for us....GO RV 

8-30-2012 Pat (Response to IBN): Iraqs Foreign reserves are held at the Fed in New York. You are correct that the current currency regime is pegged to the US dollar but this could be changed. Most regimes never fully follow the pegged regimes guidelines. Im expecting Iraq to back their currency with AU in the future. Iraq’s current rate is false. Why? I don’t believe the CBIs financials at all. They have been reducing the money supply and the rate does not reflect this. Hard to trust this news agency since the owners and partners work for the Gov of Iraq. Very hard to be impartial.