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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, July 11, 2012

RUMORS FROM DINARLAND UPDATE, 11 JULY

Serendipity] officially no news is good news is all the news fit to print.

Precious] moneydr:  guys. Got some intel from my Dr. Friend. He saw the "Chinese Businessman" and he told Dr. that the RV is done. RV = Countries first, then special interest and high-ups, bushes, congressmen, etc. This is happening now for both the Dong and Dinar. We are next week. Take this as rumor as I cannot confirm and he has been off in the past. However, interesting that this person who has connections VERY high up in China is saying the same things that many other gurus are saying here.

[Precious] moneydr: has anyone listened to the G.E.T. conference above? A friend of mine in this room listened and said it was basically saying we're done and tomorrow could be very significant. Can anyone confirm?

R&R) [soldierA21] I just heard from a high source that I don't hear from hardly at all unless its very important that it's going to be "DONE" within a couple days!
[soldierA21] Start looking for it tomorrow. woohoo!
[Retired] soldierA21 Did your source give an indication of the intel other than it will be done?

soldierA21] Retired negative. he's not the type of source that gives long explanations so when he says one sentence I listen!
[Retired] soldierA21 You have confidence in this source....real confidence?
[soldierA21] Retired I do. He's in the position to know whats going on.
[luckydog54] soldierA21 who who
[Retired] soldierA21 Let's hope and he is correct!!! My chain has been yanked enough!!
[soldierA21] luckydog54 my contact. cant say anymore. Just be positive all!! It's right around the corner!
[soldierA21] even Blaino knows its almost here although I think he's looking at only Iraq. This goes beyond Iraq.
[ncdude] Soldierwhat did your contact say
[ncdude] i missed it
[soldierA21] ncdude just be ready. We should be done with this within a couple days
[soldierA21] well I'm praying I'm right but I just don't get info like this so I'm way excited!
[luckydog54] soldierA21 was there a time line?
[soldierA21] luckydog54 just be ready to look for it tomorrow. I am.
[luckydog54] soldierA21 ty
[luckydog54] soldierA21 wow that would be so great i have so many i wan tto help

 [goldman] the rv must occur before release from chapter 7  countries that make up the UNSC are the same countries that make up the paris club. The paris club would not forgive iraq the debt unless they could gt their money from the rv...Chapter 7 is the last "hook" these countries have on iraq

[oublood] I just got word IT is done tonight !!!!!! and I am going to bed !! need the wake up call of all times ,,,yeee hawwww !!! lets hope its true !!! we will see !!!

[Spicegirl] oublood That would be nice gn

[Thankful] Oublood what?

[goldman] if iraq has done everything necessary to rv and the rv cannot be "pulled back" then the UBSC can release from chapter 7

[~healthy3] oublood you have connections?

[musiccitylady] oublood if I had received a call like that, I sure would not be going to bed! 

[goldman] gretco this is why i think the chapter 7 has been released...the rv has progressed to a point of no return

[oublood] musiccitylady ~healthy3 pmsville just saying >. dont hold me to it .but I like what I heard ,,,,

[oublood] I dont want to be the guy . but my info is great and just passing hope !!!and hope is all it is !! 

[book2] oublood from a banking source?

[Dinarblessed] oublood Hopium is never bad and we appreciate you sharing... ((((hugs))))

[ready4bank] oublood tomorrow?

[andisgram1] oublood what is your info please?

[childofgod] oublood - Glad to hear your info is good - can you share further?

[oublood] ready4bank I heard tonight

oublood] guys . please . just passing what I hear ,

[cruiser]  Ask yourself how is Iraq, now ahead of Iran in oil output. over 2m in barrels a day. Yet they have no real money yet. That is why I think all is done. Only thing left is for Iraq to have a real currency so they can get paid and if they are getting paid, So are WE..

[goldman] cruiser i agree with you thought...but I will say that iran did not produce a lot of oil in the first place...but when we start presenting dinar for oil iraq will say they cannot produce enough to meet demand and the various countries will have to bring the infostructure to pump enough oil to meet demand

[cruiser] goldman Iran was number 2 in the opec Production. Now Iraq is number 2. So how can you say that Iran was not producing alot of oil.

[wittsend] childofgod Soonerfan is of the opiion that events in Iraq are irrelevant, if my memory serves. Hence, he doesn't care about Chap 7.

[childofgod] wittsend - Yes you are correct - Soonerfan is of the opinion the events in Iraq are irrevelant and I agree - but he did mention that the release of Chap 7 was on US news

HisBlessed: 7-11-2012 Umbertino: "Kuwait Dinar = $3.555. Bahrain Dinar = $2.67. Jordan Dinar = $1.4127. Saudia Arabia riyal = $0.2667. Egypt pound = $0.1650." Interesting to notice the value of the Jordan Dinar $1.4127. I am not even sure Jordan has any oil. Maybe a little but that exchange rate is pretty staggering imo. As far as I know Jordan is not supposed to be a particularly rich Country anyway.

[~healthy3] I would say the PTB are running out of time and will have to release funding to us poor folks sooner or later lol

[~healthy3] Spicegirl IMO if they are out of chapter 7 they can't hide the money from us forever so it gives me hope of how close we really are

[loumat] wango1 willl you and Mr.Patriot bring any new info forward tonight...or will we hear from Mr. Oil Man instead??? iether way, I can't stand the anticipation!!

wango1] loumat I do not know about the plane and Mr SP will come in for the annoucement by Sweet Queen I'm sure

[oucrazy] wango1. . . . We expecting that announcement this evening?

[tc0043] wango1 Are you expecting the announcement tonight?

wango1] oucrazy tc0043 I have no idea

oumat] wango1 I am so ready..I know you are, too..you and SP have been such a good source of info in the absense of Jonny and Bella...Again, we can't thank you enough for all you bring to us little peeps in here.

Jetpack] 1biz4u honestly I've got so much conflicting info I don't know what to think, half say by end of next week and half say not til after Ramadan I'm just praying this month at this point

(Icfaith): The G.E.T. Team 7/11/12
JULY 11TH, 2012 12:07 PM · POSTED IN CHATS & POSTS: IRAQI DINAR EXCHANGE RATE & BUY DINAR INFO*

7-11-2012 Icfaith: Iraq’s currency was not depreciated, it was by force reduced to nothing by the UN so Iraq could not buy weapons or food while USA came in and forced Saddam out. This is completely different than a country’s currency devalue due to hyperinflation because of extreme printing of currency or over valuing the currency.

Iraq’s currency was devalued by force. That currency, at the beginning of the war, was replaced when they ousted Saddam. Then the present currency was introduced by direction of the UN and placed a “no value” to this new currency. 

The sanctions placed on Iraq and the war is what caused the present currency to have a “no value” rate and was done so on purpose, not due to hyperinflation. When Iraq could show that they would be a valued member of the world, and not a threat, they could bring the currency up to a value that could be sustained by the growth of Iraq. I think this is different than a country LOP due to hyperinflation.

Mayahi demanding sacking of some “influential” in the Central Bank who are manipulating the exchange rate of the dinar against the dollar, 11 JULY


Mayahi demanding sacking of some “influential” in the Central Bank who are manipulating the exchange rate of the dinar against the dollar

Wednesday, July 11, 2012 12:55
Student member of the Committee of Economy and Investment parliamentary Aziz Sharif Mayahi Central Bank of Iraq to take real action to reduce the height is not reasonable at the exchange rate of the dinar against the dollar, also called the “replacement and removal of some influential people in the Central Bank who are manipulating the exchange rate.”
He said in a press statement received by all of Iraq [where] a copy of it today, “The Central Bank of Iraq is not serious about the procedures carried out by the curb height is unreasonable rate Dinarmkabl dollar, which we consider routine procedures is feasible and can be accessed through the real solutions.”
Mayahi said that “the Central Bank of Iraq demands of today to take practical measures and quick through the accounting and follow-up banks that have been delegated drainage more accurately and the replacement and removal of some influential people in the Central Bank who are manipulating the exchange rate.”
He continued, “The brokers were manipulating the market price of the dollar have become in the market without any accountability,” calling on the central bank to “refrain from statements sterile and move more realistic through the concrete and deliberate action on the ground.”
Witnessing Iraqi dinar exchange rate volatility significantly against the dollar, where as the price of 1300 dinars per dollar, while the price under the auction CBI daily 1166 dinars to the dollar, an increase of 134 dinars per dollar, which is equivalent to an increase of about 11% for its official.
He attributed the Iraqi Central Bank Governor Sinan Shabibi after meeting with House Speaker Osama al reasons for the high exchange rate of the dollar against Iraqi dinar to the weakness of domestic production and the lack of Iraqi exports [except oil] and the weakness of the government’s measures to attract capital to Iraq, as well as the political situation tense internally and regionally The economic blockade suffered by some neighboring countries, referring to Syria and Iran, has been set up government committees to identify the reasons behind the decline of the Iraqi dinar against the dollar.
http://bit.ly/LHDf06

DAN RECORDING LINK, 11 JULY

RECORDING LINK

760-569-7699  182616#

17 Minutes

MIKE POST, 11 JULY


7-11-2012 Mike:  Beginning of the first of the year they were all ready moving forward with the deletion of the zeroes. t that particular time they got news from the IMF about their banking system - gave them a report saying we would really like to see these reforms take place in your banking system. Remember in the Future of Iraq Project one of the last things needing to be done was the development of the banking system. Over the last 3 months we have seen more movement in the development of the Banking System. Shabibi coming out and talking about the private sector and getting his banks healthy and ready for fractional banking. You don't do this if your currency is going to be worthless. They are doing this and acting like there is value to their currency already.

MILLIONDINAR POST, 11 JULY

7-11-2012 20MillionDinar (Dinar Vets): **Iraq M2 of 70 Trillion** I then compare the 70 trillion to a 1:1 RV which would equal 70 Trillion USD. M3 Money Supply for Selected Countries: When considering M3, the total money supply (of the world) exceeds US$50.1 trillion! Of this amount, the U.S., Euro-Zone and Japan account for US$33.1 trillion or 66.2% of the total. The following graph shows a cross-country comparison for M3. What I am wondering is how does Iraq, a war torn country, come out of the gate with a newly revalued currency which now equals more than every other country combined? Iraq's currency would now be worth twice of that of the USA, the Eurozone, as well as Japan combined! Even if Iraq has HALF of the stated money supply, it would make Iraq equal to the Eurozone, the USA, and Japan combined. This is where I find it hard to believe that an overnight 1:1 RV is possible. Even $.10 is pushing it. However, I do feel that a gradual increase in the IQD is possible! This way they could slowly reduce the amount in circulation while increasing the value of each existing currency unit in circulation. Increase oil exports, build up infrastructure, promote growth in the private sector, which will all help to build their countries' overall GDP. This is how a currency gains value in the real world.

 If Iraq is worth 70 Billion but has 30 Trillion (M1) Dinar in circulation. They could keep that same value ($70 Billion) but make each existing currency unit (IQD) worth more by reducing the overall amount. However, the decrease in currency in circulation needs to be gradual, as well as the increase in the value of the IQD. The reason it needs to be gradual / controlled is so that they maintain inflation. Keeping inflation under control has been one of their biggest priorities during the past 9 years or so, I don't think they want to destroy everything they've worked for just to have a high valued currency overnight. Actually, keeping inflation under control is EVERY CENTRAL BANK'S main priority! Something to think about, Japan's total M2 money supply is equal to 6 Trillion USD. Iraq's total M2 Money supply is 70 Trillion IQD equal to 70 Billion USD. A $0.10 straight up RV of the IQD would make Iraq's total currency more valuable than Japan! Overnight!!

HENRY POST, 11 JULY

7-11-2012 Henry: The can, will be kicked a little further down the road on this RV. Ramadan will come and go without an RV of any currencies to a decree that will make difference to the average investor. As much as we all would like to see it, to include our administration. This event is not in the control of any outside forces. Sure there are those that excerpt influences upon the process, but none that have unilateral control this includes all the PTB people. The bank package ordeal will cost many of you dearly. The PTB will not allow you or I access to the table at which they sit. Even in my position of access, it won't happen. Not to say your money will be taken, but understand paying any amount to let someone other than yourself to exchange your dinar is something that needs great thought on your part. You rode this ride alone, I think getting off can be accomplished alone also. Sorry if this deflates the sails of some, but it is intended as a source of info available to all. Just take and test these words for yourself and If I am wrong it want matter to you. But I will see you all after Ramadan.

BLAINO POST, 11 JULY

7-11-2012 Blaino:  Hey dinarians. Just a quick update. Additional confirmations this MORNING. Tracking appears to be holding. We remain at level 5 alert that will be the minimum workable rate, then some weeks later an RV. In that scenario. Probably will not happen that WAY. Probably $4 range, simple exchange. Everyone WINS. Ecxcept those that gave their dinars to some "cash in wizard!" It may commence 9am edt Tuesday!

TERRYK CHAT, 11 JULY

HEY BLUEWOLF
[TERRYK] HOWS IT GOING
[TERRYK] HEY SIS
[TERRYK] HEY ROOM
[Agent 007] hi    
[bluwolf] well as far as the dinar is all is well
[TERRYK] NO NO NO 
[TERRYK] HOW ARE YOU DOING BROTHER
[nano36]    TK
[bluwolf] not so good right now
[TERRYK] WHATS WRONG
[TERRYK] ANYTHING WE CAN DO 
[TERRYK] HEY NANO
[TERRYK] KAYCEE
[TERRYK] WESTF
[bluwolf] it is personal a family thing but thank you  for asking
[TERRYK] CONGRADS WEST
[TERRYK] ON YOUR PROMOTION
[TERRYK] SURE BLU 
[TERRYK] KEEP YOU AND YOUR FAMILY IN PRAYER
[bluwolf] thank you
[bluwolf] well good night all
[Agent 007] Amen
[Agent 007] night bluwolf
[bluwolf] agent007 keep your phone close by
[TERRYK] AND WELCOME BACK 
bluwolf]    i never left
[TERRYK] I KNOW BUT HARDLY SAW U
[bluwolf] adios now
[TERRYK] LATER
[bluwolf] and happy journeys
[TERRYK] SO I HEAR WE HAVE A NEW MOD IN THE ROOM LETS ALL SAY CONGRADS TO WESTF  
[TERRYK] SHE MAY HAVE BEEN HERE FOR A SPELL AND IM JUST NOW GETTING TO SAYING CONGRADS
[TERRYK] BEEN FIGHTING OFF BEE STINGS
[TERRYK] GRRRRRR
[bluwolf]    i have been working very hard getting to the bottom of this international release,all is on track and we are waiting for the bank codes 
[TERRYK] SO ALOT OF NEWS GOING ON YESTERDAY AND TODAY
[TERRYK] BLU BE SURE TO CALL MY SIS IF YOU GET ANYTHING HOT
[TERRYK] HEY MONSTER
[TERRYK] HEY MANGIABUONA
[bluwolf]    well it does not get any hotter then this news,and she is my sister to
[TERRYK] SO WE ARE BROTHERS
[TERRYK]  LOL  
[TERRYK] HALF BROTHERS
[TERRYK] WAIT A MIN SIS 
[Agent 007] hmmm?
[TERRYK] HOW MANY ARE IN THIS BAND
[Agent 007] blu and you
[TERRYK] OH
[TERRYK] O
[TERRYK] K   
[Agent 007] (good answer)    
[bluwolf] chao
[bluwolf] good night
[TERRYK] NIGHT BLU     
[TERRYK] HEY MANGIABUONA
[TERRYK] I HEAR THE BOYS HAVE SOME GREAT ARTICLES TO DISCUSS TONIGHT
[Agent 007] and I have the copies to paste into the room when we get to that point
[TERRYK] SWEET
[TERRYK] I LIKE THAT
[Agent 007]    will make it easier for the transcribers
[TERRYK] IM WORKING ON A GUEST SPEAKER TONIGHT
[TERRYK] TRYING TO MAKE CONTACT WITH HIM NOW
[TERRYK] HE IS A OLD FRIEND
[TERRYK] DANG STORMS
[TERRYK] INTERNET DROPPED
[TERRYK] BE RIGHT BACK
[TERRYK] IN A FEW

GARY-B POST, 11 JULY


7-11-2012 Gary-B (MIG): I got connected to some pretty high up people. I REALLY can't say what I know, or why, or who with but my people are up there pretty high. I believe we are talking shall we say very soon. I can't say anymore, they told me they are monitoring these sites and if they see me posting, they will be watching my posts based on what I know I can get in A LOT of trouble.

MED CHAT, 11 JULY


jesse888 says to (08:52:29):  got good news for us, harry?

    harry says to (08:53:17):    just what that has been posted so far today for now

    jesse888 says to (08:53:58):    ok    and ty

    Med says to (08:55:05):    TY HARRY    RIGHT NOW    EVERYONE SHOULD BE SATISFIED THAT NOTHING IS STOPPING CBI

    tmac096 says to (08:55:38):    yes thanks harry you have been a machine when it comes to finding the good stuff.

    Med says to (08:55:57):  WHAT WE NOW ARE WAITING FOR    IS SOME SORT OF CONFIRM ON SEPTEMBER
       GOP says to (08:56:14):   Very satisfied with that Med.

    Med says to (08:56:16):    ALSO    WE NEED TO KEEP AN EYE ON ANY INFO THAT WOULD POINT OR HINT   ON THE TIME FRAME NEEDED   PRIOR TO THE ISSUE   USING 1/1/2013 AT THE POINT WE WOULD COUNT BACK FROM    YOU ALL UNDERSTAND WHY    RIGHT    THIS IS ACTUALLY    ALL WE ARE LOOKING FOR

MORE CHAT ADDED LATER: POST BY GLK –

guardian says to (11:19:02):  Parliamentary Finance: budget 2013 will be the new currency after deleting three zeros http://www.dinarspeculator.com/showt...604#post127604

guardian says to (11:19:21): "the month of January of next year 2013 will see the deletion of three zeros and the replacement of the currency, as will next September 2012, the direct printing of new currency in different categories."

Med says to (11:24:11): HEY

shellcus says to (11:24:17): happy dance

Med says to (11:24:53) OK WHAT IS THE HAPPY DANCE FOR

shellcus says to (11:25:13): I am alive :P oh and the above article

Med says to (11:26:35): YOU MEAN THE ONE ABOUT THE BUDGET AND THE REMOVAL OF THE ZEROS

shellcus says to (11:26:45): yes

Med says to (11:26:49): BEFORE THE NEW CURRENCY IS OUT I NEVER SAW IT

Med says to (11:27:07): LOL

shellcus says to (11:27:10): haha

Med says to (11:27:58): OK I AM GOING TO SAY THIS

Retta says to (11:28:34): Hello again Med glad you are in the chat

Med says to (11:28:44): NEVER SINCE I HAVE BEEN IN THIS DID I EVER FEEL THIS CONFIDENT ON THIS FINALLY BEING OVER THIS YEAR WE HAVE THESE FACTS HI RETTA I AM GLAD TO SEE YOU

yellowjacket says to (11:29:05): The sooner the better

kelpie says to (11:29:09): hey Med!

Med says to (11:29:14): HI KELPIE

glk says (11:29:06): me too Med, come on RV ! LOL

Med says to (11:29:19): HI YJ WE KNOW THIS IS THE SCENARIO AS FACT FROM WHAT OUR MEMBERS HAVE GATHERED THE NEW CURRENCY WILL BE IN THE 2013 BUDGET WHICH MEANS THAT ALL VALUES IN THAT BUDGET WILL REFLECT THE NEW EXCHANGE RATE  DO YOU AGREE  YES OR NO

guardian says to (11:30:30):yes

Retta says to (11:30:32):yes

yellowjacket says to (11:30:33):Yes

glk says (11:30:26):yes

Med says to (11:30:37): OK NEXT AND THIS IS ALL WE CARE ABOUT

yellowjacket says to (11:31:24): No Lop!!!!!

Med says to (11:31:25): PARLIAMENT FINANCE HAS STATED THAT THE CURRENT DINAR WILL REFLECT THE NEW EXCHANGE RATE FIRST BEFORE THE NEW ISSUE IN 2013 AND ANOTHER FACT THE ISSUE DATE IS 1/1/2013 AND IS THE ONLY ISSUE DATE THAT HAS BEEN EXPOSED AGREE ON ABOVE OR NOT DONT BE FAST  READ IT ALL

yellowjacket says to (11:32:23): Agree

guardian says to (11:32:26): agree

Med says to (11:32:40): SO OUR NEXT ISSUE IS TO FIND WHEN THIS IS GOING TO BE IN THE NEW BUDGET AS IN WHEN ARE THEY GOING TO DISCUSS THE BUDGET AND WHEN ARE THEY GOING TO IMPLEMENT THIS "YEAR" THE NEW RATE ON THE OLD DENOMS THAT IS OUR RV THIS RIGHT NOW IS WHAT IT BOILS DOWN TO WHAT WAS JUST DISCUSSED IS IT NOTHING MORE

Retta says to (11:34:56): You are right by the facts as we know them

Med says to (11:35:01): YES RETTA

guardian says to (11:35:01): it's for me to know and you to find out

Med says to (11:35:07): THE FACTS AS WE KNOW THEM YES

guardian says to (11:35:26): won't be easy, could be just a BAM

Med says to (11:35:41):IT COULD I CANT SEE THEM ADVERTISING THEN AGAIN WHO IN THE HECK WOULD HAVE THOUGHT THEY WOULD HAVE TO DO ALL THEY DID NOW IN THE MEDIA AND I AM SURE

guardian says to (11:36:20): yea very true

Med says to (11:36:20):\ SHABIBI DIDNT WANT TO BUT ALL THE ATTACKS BY THE NA FORCED HIM TO GO PUBLIC  HONESTLY AND PLEASE EXCUSE THIS I HAVE NEVER SEEN A BIGGER BUNCH OF ***** **** IN MY LIFE AS THOSE WHO ARE INVOLVED IN THIS STATE OF LAW THEY WOULD SCREW UP A **** DREAM THEY ARE THAT IGNORANT ONLY THING I WISH THAT I COULD GO IN FRONT OF PARLIAMENT

Retta says to (11:38:10): by all accounts they are

Med says to (11:38:10): WITH AN INTERPRETER AND TELL THEM THIS AND GET OUT ALIVE  LO

BREITLING POST, 11 JULY

7-11-2012 Breitling:  I completely agree with what Med's explanation "RIGHT NOW THE DINAR IS 1166 BUT THE NOMINAL VALUE IS .00086 AND SINCE CBI STATED THEY ARE REMOVING THE ZERO FROM THE NOMINAL VALUE OR THE THOUSANDTH, THIS IS WHERE THIS THOUSAND TO ONE KEEPS POPPING UP, THE DINAR IS RECOGNIZED IN THE THOUSANDTH THE USD IS NOT. 

BY REMOVING THE 3 ZERO'S OR THE THOUSANDTH POSITIONS THEY ARE NOW BROUGHT IN LINE WITH THE NOMINAL VALUE OF THE USD. NOW WHAT IT THE CONVERTED VALUE AFTER THE REMOVAL OF THE ZERO'S? 1.17 DINARS = 1 US DOLLAR OR .86 CENTS", that is how I see it. 

They are going to come in at a buck or completely ignor the new currency & new money supply & come in at a lower rate. We are at the mercy of the CBI. Print in September, distribute in January...just below a buck.

DINAR GURUS UPDATE, 11 JULY


7-11-2012  Newshound Guru Mike  Beginning of the first of the year they were all ready moving forward with the deletion of the zeroes...At that particular time they got news from the IMF about their banking system - gave them a report saying we would really like to see these reforms take place in your banking system…Remember in the Future of Iraq Project one of the last things needing to be done was the development of the banking system.  Over the last 3 months we have seen more movement in the development of the Banking System…Shabibi coming out and talking about the private sector and getting his banks healthy and ready for fractional banking…You don't do this if your currency is going to be worthless...they are doing this and acting like there is value to their currency already.

7-11-2012  Newshound/Intel Guru BGG   "Currency exchange between rejection and acceptance"  Well, well, well….this article seems to indicate the market conditions are good for the project to begin. It says the economy won’t be harmed and it will improve things. It also says that both currencies will exist in the market place at the same time…which would seem to “fly in the face” of a LOP scenario…JMHO

7-11-2012  Newshound Guru Adam Montana   Best case scenario: We see a major rise in the value of the Iraqi Dinar, Iraq's economy is kick-started with a serious shot of jet fuel, and the ISX values outperform even the value of the rapidly strengthening Dinar. Quite honestly - this potential upside is what I love about being involved in the ISX and the IQD in general. Yes, there is a potential downside...but the upside possibilities are staggering and I am not going to simply ignore it.  [post 3 of 8...stay tuned!]

7-11-2012  Intel Guru Blaino  Additional confirmations this MORNING...Tracking appears to be holding... We remain at level 5 alert...Probably $4 range, simple exchange... Everyone WINS...pass stands [A pass is a time when an rv is essentially impossible], but it may commence 9am edt tuesday!

7-11-2012  Newshound Guru Adam Montana  "worst case scenario". We see the dreaded (lop) bunny-ear, all of our cash values are reset to a neutral value, and we are forced to wait for the value to grow naturally. In this case, I'm looking at about 6 months before things really start to grow. After that 6 month period, I would expect to see MAJOR growth, giving me 2-3-4-5x my investment. Not what I am hoping for, but it's sure better than what my 401k has done over the last 5 years!  [post 2 of 8...stay tuned for the best case scenario!]

7-11-2012  Newshound Guru SWFloridaGuy    We see many processes working independently of each other, while still interrelated. The GOI continues to make progress toward Erbil implementation, permanent Ministers and the announcement of the Strategic Council, while the CBI and Finance Committee continue their studies and take preparatory steps that will ensure the success of the project. This really is the home stretch.  [post 1 of 3...stay tuned!]

7-11-2012  Newshound Guru Mailman17  PALIAMENT IS TAKING THE CORRECT MEASURES TO WEED OUT AS MUCH AS THEY CAN AND BEGIN FRESH.  IRAQ WILL SUCCEED.  THEY WILL BE A FORCE.  THEY WILL BE A RICH COUNTRY AND AS A BONUS...WE WILL RIDE THEIR COAT TAILS ALONG WITH EVERY INDUSTRIALIZED NATION THAT HAS THE FORSIGHT TO GET INVOLVED IN IRAQS PLAN.   ALTHOUGH THIS WAS A HIGH RISK AND A VERY LENGTHY RIDE WE HAVE BEEN ON...PAYDAY IS ABOUT TO HIT.

7-11-2012  Newshound Guru Mailman17  IRAQ IS A SEED THAT WILL SLOWLY GROW INTO THE MIGHT OAK OF THE MIDDLE EAST.  THAT IS WHY THE DINAR WAS PUT OUT FOR NOT ONLY US BUT COUNTRIES AS A RESERVE CURRENCY...IT ONLY MAKES IRAQ STRONGER DAY TO DAY AND YEAR TO YEAR.  NOW IT IS TIME FOR THEM TO SHOW THEY CAN TAKE CARE OF CORRUPTION ON THEIR OWN AND THATS WHAT THE UN LOOKS AT, THE US, EUROPE AND YES...EVEN CHINA. THAT IS WHY WE WILL BE CASHING IN VERY SHORTLY  BECAUSE IRAQ IS NOW READY...THE NEWS TELL US SO, SHABS TELLS US SO...ITS COMING PEEPS.  [post 1 of 2...stay tuned!]

7-11-2012  Newshound Guru Adam Montana  Shabibbi is implicated as head button-pusher (this is good!), they are starting to show weakness in their "resolve" to "delete the zeros" (this is good!) and the Chapter 7 issue is ready to buckle once and for all (this is also good!)  The only bad news I have is that we still have to wait.  [post 1 of 8...stay tuned!]

7-11-2012  Newshound Guru Med    IF ONE WERE TO LOOK AT...THE BIG PICTURE SCENARIO, [MALIKI] DID MONOPOLIZE POWER.  HE CONTROLLED THE MILITARY BY NOT APPOINTING ANYONE AND HIM BEING THE PROXY, SAME WITH THE SECURITY, HE IS THE PROXY FOR THAT, SAME WITH THE COUNCIL HE HEADS IT.  NOW DOING THIS SHOWED HOW ONE MAN CAN STEAL 7 BILLION USD AND NOT BE HELD ACCOUNTABLE.  BUT,  SOMEHOW AN AUDIT SHOWED HE DID THIS WITHOUT APPROVAL AND I BELIEVE IT WAS THE INTEGRITY COMMISSION THAT FOUND IT OUT. 7 BILLION, THAT IS OVER TWICE WHAT IT COST TO PUT ELECTRICITY IN ALL OF IRAQ BY GE AND SEIMANS.   I HOPE HE KEPT RECEIPTS.  LOL

7-11-2012  Newshound Guru Mailman17   THE TRADE BANK HAS BEEN SET FOR A LONG TIME.  ALL THE STATE BANKS ARE READY AND NOW THE LOCAL ONES ARE TOO. GO BACK IN TIME TO ALL THE THINGS THAT WERE DONE BUT FORGOTTEN BY MOST, ESPECIALLY CONCERNING THE BANKS THEN ADD IN…THE CBIS EXTENSIVE PROCEDURES AND THEN THROW IN A LITTLE CHEESE FOR FLAVORING AND YOU GET AN RV SANDWICH.   BUT THE MAIN CONCERN IS STILL THE GOI AND MALIKI.  THE FINANCE PART OF THIS IS DONE.

7-11-2012  Newshound Guru Breitling  I completely agree with what Med's explanation  "RIGHT NOW THE DINAR IS 1166 BUT THE NOMINAL VALUE IS .00086 AND SINCE CBI STATED THEY ARE REMOVING THE ZERO FROM THE NOMINAL VALUE OR THE THOUSANDTH, THIS IS WHERE THIS THOUSAND TO ONE KEEPS POPPING UP, THE DINAR IS RECOGNIZED IN THE THOUSANDTH THE USD IS NOT.   BY REMOVING THE 3 ZERO'S OR THE THOUSANDTH POSITIONS THEY ARE NOW BROUGHT IN LINE WITH THE NOMINAL VALUE OF THE USD.  NOW WHAT IT THE CONVERTED VALUE AFTER THE REMOVAL OF THE ZERO'S?  1.17 DINARS = 1 US DOLLAR OR .86 CENTS", that is how I see it.   They are going to come in at a buck or completely ignor the new currency & new money supply & come in at a lower rate.  We are at the mercy of the CBI.  Print in September, distribute in January...just below a buck.

STEVE1 UPDATE, 11 JULY


["Anyway, I talked to my partner last night and he said that you cannot believe all of the media articles. The reason is that what is printed within the country is not as portrayed as the media to the world.

He said that there seems to be a controlled information stream that most outlets use. That is what most of the posts portray. What is being said within the country and the news (limited as it is) is much different.

This is why I do not believe much of what the news says, unless it comes from another country. This is why I posted a well known article from Iran regarding Iraq.
  I know this post will be scraped and twisted all over the place, so be it, but the fact is that if you invested in the currency offered by any vendor regarding the outcome, it is a good investment.

I am not going into all of the reason why or why not because many forums and blogs have done a fine job of explaining that.

With my involvement and listening to my sources, (actually in Iraq) the continued promotion towards a better Iraq and the increased value of their currency is real.

I could produce many documents to support this, but the fact is, many do not believe it. It has to be in "black and white", and they are the most desperate.

I hear that so many are calling it again, "trying to be first", that most are buying into the fact that their "rock solid secret contacts" said it is happening. Really? Their contacts are so secret that even they do not know whom they are.

At least I tell you who my contacts are, and they are not "secret". Ray's contacts are so vast that I can not keep up with them any longer. You can believe or not believe, but this investment, if you let it play out, will be worth it.

We have let a few calls posted on this site for one reason only, and that is to allow you to decide as to whom is real or fantasy. (I have no clue now days)

I could take and summarize all of the articles like they all do, but this site is not about theory, but rather facts.

I am working on yet another post, so stick with us, or bow out, your call, as we only share facts not fiction. We will let your imagination run wild with the other sites.

This will be a long hot summer (Arizona) but you all need to please read all of the media articles at face value at first.

If you see several in the same format, then you can be assured you a little closer to the facts.

I will be out of town or country most of the summer with my new family, but I will always consider you as my PD family.

My wife and I love you all and wish you the very best and safe summer. Remember to share your priorities, GOD, wife (husband) and family.

Remember, Temptations will knock at your door; don't ask them to stay for dinner because Wisdom is understanding what's really important!

God Bless you all,

Steve & Marion"

BLUWOLF POST, 11 JULY

[bluwolf] BUENAS NOCHES.  HOPE EVERYONE IS FEELING FINE

bluwolf] WELL STILL NO INTEL AVAILABLE FOR ALL IS LIKE IT IS SUPPOSE TO BE SILENT. SO I WOULDN'T WORRY

[mickey29] bluwolf bluwolf still ASN timing 

[bluwolf] YES.  NOTHING HAS CHANGED

[bluwolf] LOOK LIKE I SAID NO CHANGES,WE ARE STILL ON TRACK,NO DIRECT INFO AS OF YET,WE ARE STILL WAITING ON THAT CALL

[bluwolf] WELL FAMILY I JUST CAME IN TO SAY HI,THANK YOU FOR YOUR PRAYERS,THE POSITION WE ARE IN LOOKS PROMISING,THE RESULTS ARE AROUND THE CORNER,KEEP DECLARING IT IN AND NEVER LOOK BACK,OK GOD BLESS ALL AND GOOD NIGHT

ADAM MONTANA POST, 11 JULY

7-11-2012 Adam Montana:  Iraq is giving more and more hints that they may NOT be following the proposed agenda to "delete the zeros" and there is also a great article posted that puts the button directly in Shabibbi's control. I will link to all of these articles on my blog dinarspeculation.com shortly after this chat, you will be able to see the articles there in about a half hour We are also seeing some great news about Chapter 7. Until Iraq has the Chapter 7 issue resolved, we cannot expect to see the value of the Dinar raise (at least not significantly, anyway). So to summarize that: Shabibbi is implicated as head button-pusher (this is good!), they are starting to show weakness in their "resolve" to "delete the zeros" (this is good!) and the Chapter 7 issue is ready to buckle once and for all (this is also good!) The only bad news I have is that we still have to wait. Let's start with "worst case scenario". We see the dreaded (lop) bunny-ear, all of our cash values are reset to a neutral value, and we are forced to wait for the value to grow naturally. In this case, I'm looking at about 6 months before things really start to grow. After that 6 month period, I would expect to see MAJOR growth, giving me 2-3-4-5x my investment. Not what I am hoping for, but it's sure better than what my 401k has done over the last 5 years! Best case scenario: We see a major rise in the value of the Iraqi Dinar, Iraq's economy is kick-started with a serious shot of jet fuel, and the ISX values outperform even the value of the rapidly strengthening Dinar.
 Quite honestly - this potential upside is what I love about being involved in the ISX and the IQD in general. Yes, there is a potential downside but the upside possibilities are staggering and I am not going to simply ignore it. Iraq is still under a couple pieces of Chapter 7. Until Chapter 7 is COMPLETELY removed, they are not sovereign. I think it's realistic to see something between now and December. Every day we are seeing more and more articles about Iraq's progress and their determination to make improvements in their economy, government, and value of their currency. I'm not going to blow smoke up your butt and tell you that it's likely to happen tomorrow but that doesn't mean it CAN'T happen tomorrow. It could, it might, or it might not. There is nothing set in concrete stopping it. Personally, it makes more sense to me that they will do something that gives them financial gain. If THEY gain on the value of the Dinar, then so do we. Iraq does have more natural resources and definitely should have a currency valued at or higher than a country like Egypt. That's another reason I'm hanging onto my IQD.
 A lot of people will compare Iraq to Turkey simply to back up their negative points. True, there are some similarities but the big picture is very different. Iraq is NOT Turkey, so we can't expect them to make the same choices Turkey made. The lopsters will deny that, but there's a good reason I don't spend much time talking to lopsters. Regarding Iraq's "cash on hand", geological assets, etc... let's just back up and compare apples to apples. Why do people insist that they have to have "cash on hand" to back up an RV when the US doesn't even follow that guideline? The US does NOT have gold, assets, or "cash" to back up the "value" of our monetary system. The debt we have IS part of the "value" of our money, it is on our balance sheet. Ever since we left the gold standard our "value" has basically been given to us by China and every other country that we owe money to based on one thing: CREDIT. So, if the US doesn't have to have "cash on hand" to back up our debts, why does Iraq? Quite simply, they are not "credit worthy" at this time due to recent instability of the government and their whole situation in general. Is that changing? YES. Do they have an amazing amount of assets to back up a higher valued currency? YES. Can the entire world benefit from a higher valued Iraqi Dinar? YES.

SWFLORIDAGUY POST, 11 JULY


SWFloridaGuy] 7-11-2012 SWFloridaGuy: We see many processes working independently of each other, while still interrelated. The GOI continues to make progress toward Erbil implementation, permanent Ministers and the announcement of the Strategic Council, while the CBI and Finance Committee continue their studies and take preparatory steps that will ensure the success of the project.

This really is the home stretch. They are attempting the most ambitious financial project in history and they are receiving a lot of help to accomplish this. The CBI is working in tandem with the Finance Committee and Council of Ministers, although under Law 56 of COA the CBI has the power to replace the currency without reference to the government.

The Finance Committee released a statement saying that, "The central bank has the powers to replace a single currency without reference to the Council of Ministers.
[SWFloridaGuy] Jubouri also said that the central bank has the powers of the currency exchange alone, without reference to the cabinet which has the support of the Finance Committee under Law 56 for the Coalition Provisional Authority. Under the supervision of the Finance Commission, this authorizes the CBI on the management of the monetary policy.

Right now they are investigating the economic impact this currency reform project will have inside of Iraq. The feasibility of the project is being addressed by the Council of Ministers and the CBI. They are working toward removing all remaining obstacles. Preferably, the CBI will receive the approbative nod from the Council of Ministers. This coordination would promote a smooth transition and the success of the national project.

Everything points to their plan (of which we are forced to speculate on and have no infallible confirmation), being accomplished in 2012. At that point, we can all celebrate being able to move on with our lives. 

BGG POST, 1 1JULY

7-11-2012 BGG: I have an announcement coming up you will just flip over; not the RV - just a pretty bold leadership "statement". Najafi will take over and send himself "the official notice" which he'll walk down to the floor of Parliament (himself) and officiate over an "official" no confidence vote against Maliki. Which all will be because Maliki just had to get rid of Al-Hashemi...ironic - huh?? Ironic because (JMHO) Maliki probably could have bribed Hashemi but Najafi hates Maliki's guts. Najafi has already thrown down the gauntlet - it's him or me!! One of us is goin' down!!

PHOENIX POST, 11 JULY

7-11-2012 Phoenix3333: Remember, Coming Up in Four Days. "HCL ~ The committee formed between the center and the region will discuss the data on oil and the oil ministry and make sure it's correct. Iraq will sign initial contracts July 15, 16, 17, with three foreign companies that won deals to explore oil and gas: Russia, Pakistan, Kuwait. The committee will develop the next step and discuss what was the budget law, which is that all the resources that come from crude oil must be kept part of it in the public treasury. The Prime Minister said in a meeting of the Council of Ministers on the need to go out the subject of oil from his political, because it is a financial purely relates to the budget law."

ICFAITH POST, 11 JULY

7-11-2012 Icfaith: Iraq's currency was not depreciated, it was by force reduced to nothing by the UN so Iraq could not buy weapons or food while USA came in and forced Saddam out. This is completely different than a country's currency devalue due to hyperinflation because of extreme printing of currency or over valuing the currency. Iraq's currency was devalued by force. That currency, at the beginning of the war, was replaced when they ousted Saddam. Then the present currency was introduced by direction of the UN and placed a "no value" to this new currency. The sanctions placed on Iraq and the war is what caused the present currency to have a "no value" rate and was done so on purpose, not due to hyperinflation. When Iraq could show that they would be a valued member of the world, and not a threat, they could bring the currency up to a value that could be sustained by the growth of Iraq. I think this is different than a country LOP due to hyperinflation.

MED POST, 11 JULY


Med (21:42:00):I WENT THROUGH THE WHAT'S NEW AND ONLY ONE THING I SAW THAT CAME INIT WAS A CONFIRMATION OF AN ARTICLE I COMMENTED ON IT WAS PUT IN BY GUARDIAN ON THE CONFIRMATION OF THE CBI PLAN  BY PARLIAMENTS FINANCE COMMITTEE

I WAS ALSO AS I SAID BEFORE SAW THAT THE COUNCIL OF MINISTERS HAD A MUCH BETTER EXPLANATION ON WHY THEY ASKED FOR CBI TO HOLD THAT THEY EXPLAINED A CONCERN FOR THE PEOPLE AND NOT THAT IT WASNT POSITIVE FOR THEM
  BUT WILL THEY UNDERSTAND WHAT IS HAPPENING WILL IT HAPPEN SO QUICK THEY WONT HAVE TIME TO BLINK AND IF THE RATE CHANGE AND THE ISSUE OF DENOMS ARE NOT DONE IN A PERFECT TIME FRAME OR LETS SAY NOT PERFECT

BUT DO YOU DO THE RV THEN WAIT A MONTH TWO MONTHS THEN ISSUE OR IS ONE WEEK AHEAD ENOUGH

NOW THE TIME FRAMES I GAVE WERE ONLY EXAMPLES NOT THAT I HAVE ANY INSIDE INFO THAT SAYS THIS IS HOW IT WILL BE

NOW IF I WERE TO BELIEVE THE COUNCIL WHICH ACTUALLY IS I BELIEVE ALL HAND PICKED FROM MALIKI'S CRONIES AND HE ALSO HEADED THE COUNCIL WHICH HE WAS NOT SUPPOSE TO THIS CREATED A MONOPOLY OF POWERS

AND IF ONE WERE TO LOOK AT IT IN THE BIG PICTURE SCENARIO HE DID MONOPOLIZE POWER HE CONTROLLED THE MILITARY BY NOT APPOINTING ANYONE AND HIM BEING THE PROXY

SAME WITH THE SECURITY HE IS THE PROXY FOR THAT SAME WITH THE COUNCIL HE HEADS IT

NOW DOING THIS SHOWED HOW ONE MAN CAN STEAL 7 BILLION USD AND NOT BE HELD ACCOUNTABLE

BUT SOMEHOW AN AUDIT SHOWED HE DID THIS WITHOUT APPROVAL AND I BELIEVE IT WAS THE INTEGRITY COMMISSION THAT FOUND IT OUT

7 BILLION THAT IS OVER TWICE WHAT IT COST TO PUT ELECTRICITY IN ALL OF IRAQ BY GE AND SEIMANS I HOPE HE KEPT RECEIPTS LOL WELL GANG THAT IS MY UPDATE I WASNT GOING TO GIVE I AM CALLING IT A NIGHT GN ALL

CHATTER FROM DINARLAND, 11 JULY


dinardr] I am praying for today to be our day ... The silence has been long and deafening ..but I get up each morning with the hope .. this is our day !!!

angel] Folks the only thing we have is: We wait, we hope, we have faith that as each day passes, we draw ever nearer.

[burneyw] daniandquin you dont have any news ?

[daniandquin] burneyw .... I am a very happy person right now and very content with where we are in our investment. and that's all I'm saying

[Cat-in-the-hat] I new a general that used a hammer man that was married to a sweet queen who had a son jonneywg that lived in a castle that rode in w BWM that always like to park un a tree only to wait to get on the Freeway with Bill to travel to OK to meet with OKIE to discuss with the negoaitor when he could land his 747 with his dog bulldog in the field buy was arrested and went to jail only to meet bondlady that introduced him to a hotdog named Tony lol
Imperium] The Iraqi Trade Bank has issued the Visa Debit Gold Card that allows holders to enjoy international sales on purchases and reservations of hotels and will be given to customers of the bank using dollar currency, according to a statement from the bank.

hotwheels] imperium , I saw that as well and they said that Master card would follow as well.

[imperium] "using dollar currency" doesn't sound in our favor.

[hotwheels] imperium , I really have to think that in country will be a different rate that outside of Iraq...

[whitelions] imperium but we still don;t have chapther 7 . hi all but I'll tell you what with all the new bis. comeing in to the country and the banks takeing over the trading of the dinar away from the street venders something big is brewing and I think it could be a RV>

[tigermike] Their Visa is the Iraqi dollar vacuum to get them changed over.

[kidstone] whitelions it was announced on CNN sunday that Iraq was released from chapter 7

[blueblaze1962] I think we are all looking for a Golden Bullet right now, Something or someone to say "Hey you can exchange your dinar in two days at this bank"...But if we just remember we will get an email to tell us we would realize hey I can relax I will know when this happens.

[blueblaze1962] owl True because after we get the codes, 90% of folks will never come back to a chat site or recaps or anything, they will move on, the rest will be here still wondering what to do with their new found wealth

[whitelions] blueblaze1962 Thats the problem to meny people are telling us we ca cash in ,in 2 days kidstone yes but they have not implemented it yet untill they do.....

kidstone] whitelions As I understand it, it won't implemented till the IQD rv's

[blueblaze1962] whitelions Yep that's where good old common sense comes into play, unless we have the codes or a number to call to set up our appt for our exchange we know we just have to wait.

[whitelions] kidstone no they need it to be able to share power among the different we would call them states here there they call them tribes once they share equal power then it will be a go and I know that sounds like a long time but it could happen in a matters of days and take note I said could not would

[ibelongtogod] blueblaze1962 teochi since you have been in so long (me-- nearing a year and a half LOL), do you think it is coming soon-- are things getting completed, etc, moving on...?

[blueblaze1962]  I'm not an intel provider and I see what we all see, articles and what the intel sources bring us. I think it's close but I have no way to confirm for sure one way or another. I stayed what I like to call Cautiously Opmistic.

[teochi] ibelongtogod it seems to be sooner than later now. I am not sure what we are waiting on, have no intel myself but it is different now than it was back then. I just keep the faith and go to work everyday and know that it is almost here

[Aremel] Without followers they don't exist. (If a guru gives out bad info in the woods and noone hears him ... is he a guru?)

[Aremel] A Guru without a following is a Whoru.

[OKCRN] Precious The person responsible for lining up what news to recycle went camelback riding and got caught in a sandstorm so couldn't make it back to the news office in time to go through the last 2 years of artlcles to get something out to us....I know they will print an apology on page 17 of the gazette tomorrow.....

[Precious] we are now in the 36 hour of the 24-48 by PTR

[hopeful2&2] about 4 this afternoon

BGG] CoolSpot - I have an announcement coming up you will just flip over - lol

[BGG] not the RV - just a pretty bold leadership "statement". ;)

[Sugar Pie] My take is- T is going to retire when he returns from his medical leave in Germany

[BGG] Sugar Pie - 'bout time - he's been threatening to for a year.

 [BGG] if he does... Maliki's goose is immediately cooked.

 [BGG] Najafi will take over and send himself "the official notice" which he'll walk down to the floor of Parliament (himself) and officiate over an "official" no confidence vote against Maliki.

 [BGG] Which all will be because Maliki just had to get rid of Al-Hashemi...ironic - huh??

 [Sugar Pie] it is!

[BGG] Ironic because (JMHO) Maliki probably could have bribed Hashemi - but Najafi hates Maliki's guts.

 [BGG] Najafi has already thrown down the gauntlet - it's him or me!! one of us is goin' down!!

Jul 11 7:28 AM [BGG] BBIAB

 [happydawg] Dumb question alert. What role does Najafi play?

 [Sugar Pie] happydawg Najafi is the next in line to replace Talibani, the President and also the head of Parliament

 [happydawg] Sugar Pie thanks. Sounds like things are starting to gain significant traction.

[Sugar Pie] happydawg I sure hope so

Member of Economic Committee says old currency likely to continue until they are replaced, 11 july


Member of Economic Committee says old currency likely to continue until they are replaced

Published on Wed, July 11 يوليو
BAGHDAD / With: The Economic Commission representative on the continuation of the work the old currency for the largest possible period in the event of replacement early next year, indicating that the banks will pull all the old currency from the market and inject new currency Bdelha .
MP said the Commission Abdul Hussein Resan in an interview with the correspondent of news agency the future today, Wednesday, that “the central bank-developed plan according to the strategy prepared in advance to replace the currency in coordination with the Financial and Economic Committee and the relevant authorities both in the legislature or executive,” which include the withdrawal of the old currency over the almost two years and handed over to the banks which in turn will deliver the currency to the Central Bank over the ten years to destroy . “
He stressed that: “The new currency will go to market in early 2013 as well as on the presence of old currency that will be implemented over ten years ago, and after two years of the new currency will be available in local markets after the end of the value of old currency.”
http://bit.ly/LOvKjg