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DINARESGURUS.BLOGSPOT.COM_________________ _______

Thursday, July 26, 2012

MICHIGANDER CHAT, 27 JULY


[michigander0131] 26 July, 2012 Discussed the Presidency of the Council of Representatives with Finance Minister Rafie al-Issawi and Central Bank Governor Sinan Shabibi and Chairman of Supreme Audit Abdul Basit Turki fiscal policy for Iraq.

The meeting discussed, chaired by House Speaker Osama Najafi and his two deputies in the presence of Qusay al-Suhail, Arif Tayfur the exchange rate of the dinar and the dollar and the relationship between parliament and the government and the Central Bank.

During the meeting, according to a statement of the Council agreed to form a committee to follow up with a key of the Finance Committee and the Committee on the economy, investment and financial advisor to the President of the House of Representatives to discuss the recommendations of the President of the Office of Financial Supervision and the Minister of Finance, which provides what has been agreed upon at the meeting on monetary and fiscal policy of the country. 
[michigander0131] very good article showing all the big players in a meeting today in iraq/these are the ones that are in control no one else. imo/ so it is very good to see that they were discussing the exchange rate of the dinar.

[michigander0131] Ali Salman - 26/07/2012 PM Economic / Buratha News According to a member of the Finance Committee MP / National Alliance / Secretary Hadi Abbas, the new currency that will see the introduction of the Kurdish language in addition to Arabic and English.

Abbas said that the new currency will enter zeros deleted the Kurdish language and milestones And pictures from the territory of Kurdistan-sided, the most important waterfall completely to Beck, indicating, that the English language will be allocated only to the numbers (a number and writing). He noted the central bank governor to be an ongoing process of switching the currency, and dates to put the previous developments but may remain behind.

The bank had said earlier that "put the new currency would be 1/1/2013 spite of the demands put forward by the government to slow down the process." The face of the bank's official letter to the Council of Ministers explaining the advantages of switching the currency on the market and the money supply and increase the exchange rate and other issues.


[michigander0131] here is another good one that conferms that shabbibi has said he will go on with out the goi approval /because he is sick of them coming up with excuses to delay it.

[michigander0131] bjj (Barb) oh its coming just as shabbibi has said
[bjj (Barb)] yes it is and I imagine his meetings with the IMF a few days ago menat something too.

[bjj (Barb)] The pieces of the puzzle are falling into place.
[bjj (Barb)] michigander0131 , I know, he said by Sept. 1 and I hope it is very soon/.
[bjj (Barb)] In several articles he said "Let's get it done NOW!!".

[michigander0131] bjj (Barb) yes he has but they havent even decided what to put on the new currency yet/ and once they do it will not take long at all to print it
[michigander0131] so as shabbibi has said he wants to start the printing in september/and have them introduced january first/so we will see/

[bjj (Barb)] So in your opinion you think they have to do that first? We had articles last year or the year before that stated there was some printed and I feel that is what they will use until they get the rest of it printed with the new stuff on it.

[michigander0131] bjj (Barb) no i believe that shabbs wants to start the printing in sept/but he also said a couple days ago if they were not ready in time by jan that he would use the ones that were printed back in 2003

[michigander0131] michigander0131 but no matter what he will introduce currency without the zeros first of year

 (Treat as Rumor)  [michigander0131] 26/07/2012 00:38:00 Baghdad (NINA) – Parliament's presidency called on lawmakers to attend the meeting scheduled for Thursday morning, July 26.

A statement issued on Wednesday, July 25 by Parliament's Media Bureau said that Parliament's presidency calls on law makers to attend the session scheduled at 10:00 am Thursday, July 26, in exception of the day off announced by the government because of hot weather. It also called on all of Parliament's staff related to the session to come to work on Thursday. /End. http://www.ninanews.com/arabic/index.asp

POPPY POST, 27 JULY

[poppy3] I am worn out ... Been in Political meeting since 1pm ... just got home and going to bed. News today has been limited but very encouraging. if you have read the blog and can see the forrest for the trees you will see maliki is trying to retract his earlier movement against Hashshemi or how ever it is spelled and is also getting along with other he has been fueding with and now they are buddies. All this is he is trying to cover his hind end ... The first thing he ask for this morning was to enact the amnisty laws       he is pretty obvious of his intentions. Had a couple calls today that said they where hering information the RV should be emplimented by the last day of august. I am waiting for the announcement of the NC before I begin to get very excited.... POPPY3

[poppy3] i also heard some ding a ling is trying to say it is going to be a lop .. people please dont start listening to all that cr##ap again that has been beat to death for years and llisten to the DR no lop... rest assured it will not happen just like the .86 cent non since listen to the DR not the so called guru's trying to lure you on the wild tale chase without facts. GOOD NIGHT I AM BEAT. POPPY3 OH!!ONE MORE THING BGG will be on the road all day tomorrow ... I will stay in touch with him but he will driveing about 10 hours tomorrow. Give him some space till he returns. BE BLESSED ALL POPPY3

JONNY CHAT, 26 JULY


Posted Today, 07:32 PM
[.JONNYWG] Hello all and Aloha

[.JONNYWG] No I am not in Hawaii' [.JONNYWG] It is great to be back in the USA

[.JONNYWG] Health wise I am really doing well and I will be here regularly as best I can

[.JONNYWG] It is felt that the main components of the RV are completed (We have known that for a while)

[.JONNYWG] sources say that the release is agreed upon (I know not when) and there are no items other than timing (2 months of timing for sure so we fell greed has set in and the fingers that need a cut are at it)

[.JONNYWG] I am in touch with BellaGrits and she will drop by tomorrow ............. the biggest issue these days are that the sources do not have new info and we just cannot put out the recycling

[.JONNYWG] talked to all the major banks and they are ready.............................. the banks have no clue so DO NOT CALL THE BANKS.................................. it was heard today that WELLS FARGO will issue a new policy statement regarding the IQD AND VND by Tuesday 
[moonchild] .JONNYWG are you referring to 2 months having already occurred or 2 more months to come?
[.JONNYWG] moonchild in the past

[imperium] .JONNYWG Please explain "2 months of timing for sure"???
[.JONNYWG] procrastination for the last 2 months on timing

[.JONNYWG] I will try to answer questions as best I can

[MTDinar] .JONNYWG evenin! Thanks for taking your time to chat with us. Is the opening of the Olympics a good cover for the impending currency exchange?
[.JONNYWG] the Olympics will be a partial distraction ...... so yes

[msguccissima] .JONNYWG Is there anything you can share regarding bank screens for the IQD & VND? Thank you for all of your diligent work!!
[.JONNYWG] bank screens are live at the currency level for a week........... but not at the teller screens which is where we cash in

[redsnowbird] What can you share about the treaty we have to sign with a private entity that Okie was talking about?
[.JONNYWG] Okie is Okie............ and I left my decoder ring at the hospital

[MTDinar] .JONNYWG can you comment on the Bloomberg TV clip? Is that the first time it has been mentioned this "clearly" in U.S. media?
[.JONNYWG] MTDinar did not see it

[jyburt] .JONNYWG so do they need to have the new policy at the bank before the RV   
[.JONNYWG] jyburt yes

[Dreamer] .JONNYWG good to see you. Is this hold up all about the elite or PTB not wanting to lose power and control?
[.JONNYWG] Dreamer could be either

[Major] .JONNYWG, Good Evening! Thank you for the visit! So you still think the RV is close? Thank you!
[.JONNYWG] Major yes it is so close............... no reasons submitted to think any other way

[thudz04] .JONNYWG ? what specifically will the new Wells Fargo policy concern if you are at liberty to answer that?
[.JONNYWG] thudz04 cannot comment ...... but it is all good................ it is a currency policy addendum

[JstBringIt] .JONNYWG We hear about Dodd Frank and new UST notes? Do they have to be out (or are they) before we see the RV? How can we be backed by those notes if not?
[.JONNYWG] JstBringIt not decided yet

[Dreamer] .JONNYWG so in your opinion there will be no RV until this new policy about the IQD and VND is brought out by Wells Fargo sometime next week?
[.JONNYWG] Dreamer it could be released earlier

[MTDinar] .JONNYWG How can the whole country be ignorant to the UST vs the USD? I have heard nothing on this other than on these boards?
[.JONNYWG] MTDinar read other countries newspapers ...... the TORONTO STAR........ LONDON ENGLAND ALSO HAS 3

[rnort] .JONNYWG any changes to the way we will be exchanging our dinar?
[.JONNYWG] rnort NOT THAT I KNOW OF

[nemo28] .JONNYWG why is your name different
[.JONNYWG] nemo28 I SIGNED IN WITH CAPS LOCK ON    LOL

[ram1] .jonnywg any news on the VND?
[.JONNYWG] NO NEWS ON VND

[linsbish] .JONNYWG Good evening glad to see you back. Has anything been worked out for Canadian banks. Please and thank you
[twisted67] .JONNYWG ...... then what do ya suggest all us Canadians do that are in here and there is a few my friend
[.JONNYWG] twisted67 we have to wait or hire a USA lawyer/tax consultant to create a cash in

[jmcknight63] Jonnywg. I will be 47 on September 2. Will I be retired by then? Rich..
[.JONNYWG] jmcknight63 hope so

[chillimac] .jonnywg doesn’t Canada have currency exchanges at airports?
[.JONNYWG] chillimac yes but  RV  has not changed rates as yet

[ladydi] .jonnywg, do you still advise against making a wire of $500,000 or more when cashing in?
[.JONNYWG] ladydi ask your private banker to confirm

[annabelle] .JONNYWG I heard China owns 51% of Wells Fargo....what say you on this one? T or F??
[.JONNYWG] annabelle HSBC OWNS CONTROLLING INTEREST IN WF

[chillimac] .jonnywg aren’t they a Chinese bank, Hong Kong
[.JONNYWG] chillimac YES

[Dreamer] .JONNYWG could the timing of this RV be related to the elections in November?
[.JONNYWG] Dreamer HOPE NOT

[Linny] What is the next window?
[.JONNYWG] Linny MY RV HAS NO MORE WINDOWS , DOORS SKYLIGHTS OR OPENINGS LEFT ............................. WE WILL BLAST OUR WAY OUT

[chillimac] .jonnywg ............WHEN.....AND don’t say soon   
[.JONNYWG] chillimac OK

[gabby1] .JONNYWG Is all of the silence from the intel providers really helping this thing along? It doesn't feel like it.... :)
[.JONNYWG] gabby1 BECAUSE OF NATIONAL SECURITY INFO there is very little that can be discussed................. I will make the statement that the RV   in the overall picture is just a drop in the bucket to what is really happening ................................ there will be major things happening for the betterment of all

[sananddan24] .JONNYWG We do not have a WF in our state....but do have WF Wealth Management Offices.... will they be able to cash us out or should we use other banks?
[.JONNYWG] sananddan24 call them .....but they should do it

[.JONNYWG] I will return later after more info received tomorrow late morning or early afternoon 

MED CHAT, 26 JULY


[Med] RIGHT NOW I MEAN THERE IS NEWS  BUT IT IS REPETITIVE I WAS TELLING LOU  THIS REPETITIVE INFO  OVER AND OVER TO ME IS AN POSSIBLY THE EDUCATION PART  EVEN THOUGH WE GET ALOT OF NEWS  THOSE INSIDE IRAQ DONT

    [Med] WE ARE ABOUT ONE MONTH AWAY FROM SEPTEMBER AND THAT MONTH SEEMS TO BE THE KICK OFF FOR THE FINAL PHASE OF THIS VENTURE IF WE BELIEVE WHAT IS IN PRINT THAT IS WHEN THE DINAR WILL BE PRINTED  AND THE COINS MINTED

    [Med] NOW HERE IS GOOD NEWS I READ THAT THE BUDGET FOR 2013 IS BEING ADDRESSED ALREADY THIS IS A MAJOR CHANGE FROM PAST PRACTICES
       [Med] I BELIEVE THAT THE PARLIAMENTARY FINANCE COMMITTEE IS APPARENTLY ON THE BALL HERE SO THAT THE NEW BUDGET WILL REFLECT THE NEW RATE ] AND THE NEW CURRENCY  AND IT IS NOT A NEW CURRENCY  IT IS STILL DINAR THE SAME AS KUWAIT DID

    [Med] THIS PART PARALLELS THEM  GM  AND SOMEWHERE BETWEEN SEPTEMBER AND JAN 1 WILL BE THE RATE OF EXCHANG  IF THE FACTS WE HAVE ARE BEING FOLLOWED SO FAR NOTHING I HAVE READ MAKES ME THINK OTHERWISE

    [stlou] hey med..did you see this

    [stlou] http://www.iraqfinance.co.uk/

    [Med] DID YOU POST IT

    [stlou] going to now

    [Med] THEN NO I DIDN’T BUT I READ IT NOW THIS IS EXCELLENT STLOU  THIS TO ME  JUST SOLIDIFIES WHAT I JUST STATED

    [sonshine] GM again DS and Med. I don't know the reason for the update on the chat room, but I did receive an e-mail from someone I never have heard of the the other day. I did not open it, but they used my user name (sonshine) for DS.

    [stlou] http://www.dinarspeculat ··· st128473

    [Med] OK  SONSHINE  AND TO ALL  ] UNLESS  IT SAYS WEBMASTER FROM THIS SITE IT IS A SCAM YOU HAVE ALOT OF ARSSHOLES OUT THERE

    [stlou] i read the supplementary budget they are putting forth in parliament includes a major payment to kuwait

    [Med] WHO'S ONLY JOY IN LIFE  IS TO MAKE OTHERS HURT DO NOT OPEN UP ANYTHING

    [stlou] and the council of ministers authorized a 500 million payment to kuwait for the airline debacle

    [Med] SUSPISIOUS  WELL IT WASNT REALLY A DEBACLE THEY DESTROYED AN ENTIRE AIRLINE 8 BILLION WORTH

    [stlou] ahh..tomato..tamatoe

    [Med] I WAS THINKING MORE  TOMATO  APPLE 

DINAR CHATTER UPDATE, 26 JULY


[Princess M] Look over yonder and what do you see. A black jet a flying most definitley. A new day is coming intel is changing. Aint it beautiful Red RV persuasion. (Sing it to the tune of Crystal Blue Persasion)

[dealdoctor] imperium we are very close, it is any second now, and we should see the RV soon. :) I DO hope Okie is right and know that good man wants this as much as anyone in Dinarland.

musiccitylady] I would be so appreciative if it came in at 1:1. however, I believe it will be $3,22 to $3.86 imo

[pmw1973] good news ecb stepped up and said they wont let eu fail?

[moonchild] pmw1973 more or less all the analysts are saying that the € cannot survive because it is simply not suited to the needs of the countries involved, there also is not enough money around to do all the bailing out which would be needed, more and more is appearing virtually daily.

[hawaii50] CNBC: Dodd Frank bill being discussed now, with Barney Frank live

[moonchild] pmw1973 in addition, we have learned to distrust whenever any official person vehemently denies or states anything. More often than not (as in the case of RVs...Germany and China for example) there were vehement denials or ever RVing right before they RVed.

dealdoctor] I am just seeing the worldwide banking situation in all but meltdown, the worldwide political tension on red alert in the Middle East, internal Iraq economic and political pressures and changes and everything from all sides saying NOW would be a good time for some HELP ...might help us too:)

[pbone] Here's the official tally..In 8 years we've had 21 absolute drop dead dates..37 windows we've crawled thruogh..16 back walls, 11 no more weekends and 4 "we're so close ..look at your feet..you're standing on it"s..

[dealdoctor] bebba The head of the European Central Bank said they would not let the euro fail. Gosh they better get some cash and fast because Greece is hanging on by one little finger and Spain is right next to them growing weaker by the day.

[bebba] dealdoctor Italy won't be far behind... and then the dominoes falling will pick up speed.... and we are all affected... I stick to this is designed to save the world economy... but DR. S... won't release it till there is some semblance of government.. I could be wrong .... but that is what I see...

dealdoctor] bebba we are seeing so much now even in the mainstream media unearthing the evils of the banking system. Historian thinks it is all well planned to prepare the public for the new banking system. You gotta know the money folks control the media ....propaganda works.

bebba] dealdoctor it is one of those things you don't want to believe about your fellow man... but can't deny.... sad

pmw1973] dealdoctor if it true cbi called 3 day. olympics starts tom and news has been preppin bank fraud needs fixing along with fed saying next week and ecb saying anything to help FRIDAY looks good imo ...but im just the 800lb gorilla

[pmw1973] every network in every country is gonna be dialed into the olympics for ratings the next 2 weeks

[hawaii50] ready4bank : A clip from Bloomberg yesterday...an investment analyst...said the Euro will "recalibrate" Saturday night...he was very positive...said curreny revaluation was the only way now left to save countries...I will listen to it again, but I think he said there would be other countries

[dealdoctor] hawaii50 Wow that is some clip on Bloomberg. They all but say a total revalue of currency will just happen some weekend because the Euro is dead and only a change of currency value done by the international central banks and done on a whim is a solution to keep Europe from going off the cliff.

[goldman] hawaii50 but do you think he was using "a saturday night" as an example of when it could happen?

[ready4bank] hawaii50 I think people are hung up on the Sat. thing, that guy was using that as an example, he would have no clue

[rolltide11] ready4bank you are so correct...Sat was totally an example...

[ready4bank] Soonerfan said it can happen at anytime

. [pszafrap] Okie would not have been so specific about his speed just to indicate low on fuel. He wants us to have a clue about rate. Mach 2.2 at a low altitue equals around 1300 miles per hour...maybe that means $13.00.

TOUCAN POST, 26 JULY

Well now that Shabibi got his 3 days needed, as you can read below, and now we are waiting for the Big EVENT coming Friday evening U.S. time. This makes me wonder if they will close the stock exchange due to this EVENT happening Hmmm? 

Or will we see it Sunday, Parliament returns Saturday the 28th, (He said "the Presidency has decided to postpone the first reading of the supplementary budget bill for the Federal Republic of Iraq for the fiscal year 2012 and submitted by the committees of financial, legal, economic and investment to the next Monday.") 

IMO, the dates to look for are 29th (2+9=11) if NOT closed .... If so, the 30th looks GOOD. This ride is about to END folks get ready! See ya @ the finish line :-)

Announced the General Secretariat of the Council of Ministers always disabled tomorrow (26th) in all official institutions and services of the State due to high temperatures (HAHA)

DINAR GURUS UPDATE, 26 JULY

7-26-2012  Intel Guru Okie_Oil_Man   I PASSED THRU THIS MORNING ON THIS SITE AT MACH 2.2--THAT IS AS FAST AS I CAN FLY--THAT WITHIN ITSELF SHOULD TELL YOU SOMETHING--KEEP WATCHING AS MY SPEED IS INCREASING EACH DAY.   FLYING AT THE SPEED OF MACH 2.2 CONSUMES A LOT OF FUEL WHICH INDICATES I WILL HAVE TO LAND SOON FOR RE-FUELING AS NO AIRBORNE KC135 IS AVAILABLE FOR MID-AIR REFUELING--READ WITH COMPREHENSION.  MY F-4 HAS 6 SEPERATE FUEL POD'S--I AM ON MY LAST FEW POUNDS OF J-4 - READ WITH COMPREHENSION, LAST TANK NEARING EMPTY.  AFTER I LAND---I WILL HAVE NO FURTHER USE FOR MY F-4.   [OK, does anybody out there have their decoder rings available?  Obviously Okie is giving us some info in special code...need help interpreting.  Best interpretation gets his/her interpretation posted as our "Guest Guru Interpreter".   Thanks, I really need help with this one!!  : )] 

7-26-2012  Intel Guru Okie_Oil_Man   THE OVERNIGHT INTEL AND NEWS WAS ABSOLUTELY FABULOUS. THE IMPORTANT ISSUES THAT NEEDED AMMENDING OR CORRECTING WAS ACCOMPOLISHED. WE ARE NOW IN THE MOST WONDERFUL POSITION THAT WE HAVE EVER BEEN IN. I AM STILL UNDER A N.D.A.--BUT AM EXPECTING TO BE REMOVED FROM THAT IN A VERY SHORT WHILE. I WISH I COULD SAY MORE BUT VERY SOON I WILL BE ABLE TOO. YOUR FAITH AND PRAYERS WILL BE REALIZED VERY SOON.

7-26-2012  Newshound Guru Adam Montana  They aren't going to tell us exactly when they will be issuing the lower denoms, it's going to be covered with smoke and mirrors. They are going to do it swiftly and with no real warning to keep people from a huge speculative run on the IQD.  it's Ramadan - don't expect anything crazy for the next couple weeks...unless Iraq proves me wrong.

7-26-2012  Newshound Guru Breitling   You can only go by what the CBI says or policy...they are talking about printing the currency in September and then re-denominating in January but don't place your bets on the table, because I don't believe them...but, you have to watch it, you have to be aware on it.   But, it's the best opportune window...the windows that lets them get out of chapter 7 is when the U. N. Security Council meets to vote every 4 months.  As far as revaluing at a buck, that's from articles & from reports from the Minister of Planning and what the CBI has said...actually my range is from a few cents up to a buck.

7-26-2012  Newshound/Intel Guru BGG   Two biggies happened in the last couple of days…Al-Mutlag is being welcomed back and the trial of Al-Hashemi got put off till next month. Both political “hot buttons” over there.  Al- Mutlag is being promised the ability to come back to work for the first time since last December.  Big news – Allawi hasn’t been in Baghdad for 6-8 months until just recently – and now he’s leading meetings in the Halls of Parliament. Hmmmmmmm…The main two things...is the mention of a National Conference as though it were a foregone conclusion that it will happen and the inference of a guaranteed “time-line”. Both excellent points…maybe the only two things that matter to anyone right now.

7-26-2012  Intel Guru Bluwolf   THE WORLD IS GETTING TIRED AND THE ECONOMY WORLDWIDE IS CRUMBELLIN.  THE WHOLE WORLD NEEDS THE INTERNATIONAL RELEASE OF CURRENCIES.  WE STILL ARE ON TRACK, WAITING ON THE OUTCOME,  ALL IS SILENT, BUT NO BAD NEWS.  IT IS STILL SECOND BY SECOND.

7-26-2012  Intel Guru Bulldog75  TOO MANY CIRCUMSTANCES BEHIND THE CURTAIN; GOOD VS. BAD; NINTH INNING AND GOOD GUYS AHEAD. IN REALITY, ITS AS CLOSE AS IT GETS WITHOUT BEING DONE.

OKIEOILMAN CHAT, 26 JULY

[..OKIEOILMAN] THE OVERNIGHT INTEL AND NEWS WAS ABSOLUTELY FABULOUS. THE IMPORTANT ISSUES THAT NEEDED AMMENDING OR CORRECTING WAS ACCOMPOLISHED. WE ARE NOW IN THE MOST WONDERFUL POSITION THAT WE HAVE EVER BEEN IN. I AM STILL UNDER A N.D.A.--BUT AM EXPECTING TO BE REMOVED FROM THAT IN A VERY SHORT WHILE. I WISH I COULD SAY MORE BUT VERY SOON I WILL BE ABLE TOO. YOUR FAITH AND PRAYERS WILL BE REALIZED VERY SOON.--KEEP THE PRAYERS GOING UP!!!!!

[..OKIEOILMAN] SAMBO-HAT TRADING TIME IS NEAR

YES DR. TEACH--TASSLE TURNING TIME IS IMMENENT

[..OKIEOILMAN] I PASSED THRU THIS MORNING ON THIS SITE AT MACH 2.2--THAT IS AS FAST AS I CAN FLY--THAT WITHIN ITSELF SHOULD TELL YOU SOMETHING--KEEP WATCHING AS MY SPEED IS INCREASING EACH DAY.

[..OKIEOILMAN] FLYING AT THE SPEED OF MACH 2.2 CONSUMES A LOT OF FUEL WHICH INDICATES I WILL HAVE TO LAND SOON FOR RE-FUELING AS NO AIRBORNE KC135 IS AVAILABLE FOR MID-AIR REFUELING--READ WITH COMPREHENSION

[..SAMBO] COOKIES BEING SENT BY AIR MAIL

[..OKIEOILMAN] MY F-4 HAS 6 SEPERATE FUEL POD'S--I AM ON MY LAST FEW POUNDS OF J-4-READ WITH COMPREHENSION LAST TANK NEARING EMPTY

[..OKIEOILMAN] AFTER I LAND---I WILL HAVE NO FURTHER USE FOR MY F-4----I INTEND TO DONATE IT TO THE SMITHSONIAN AIR AND SPACE MUSEUM AS I WILL THEN BE INVOLVED WITH PERSONAL PROJECTS I AM LED TO START.

HISTORIAN NOTES, 26 JULY


Historian notes from GET team CC_07-25-12 (transcribed) 

The discussion is a little deep, but it is a big piece of the RV of the puzzle according to her.

Historian: Some of the financial scandals that are prevalent in the news today. We need to start understanding why it is significant. It is no t so much the financial scandal itself, it is something I am watching and going hmmm this is interesting, this is strategy going on here. It has to do with a communication strategy that I believe is related to the switching of the financial systems from the old to the new.

It’s part of the entire game of creating the spin and everything that’s needed. In order to do that I just going to cover a few things.

Getting back to this thing called LIBOR and it’s now in the mainstream news and on Reuters and the business talk shows. It’s still way above everybody’s head and so it should be. It’s just real complicated stuff the financial world does in the background so you don’t need to understand how it works. All you need to know is what does it affect and how big is it.
Should we be paying attention and at least understand something and I do believe we should because this is historical and it’s also, I am suspecting , it is being used as a major tactic I shifting from one system to another. The spin on it anyway.

 It stands for London Inter Bank Offered Rate and what it means is it is an interest rate that is set that influences the entire mortgage industry worldwide and all banks as well as any kind of unsecured bank loans in other banks or in the mortgage industry or elsewhere.

So what you are talking about is this rate is set and everybody in some way uses something associated with, and if it is set too low it means someone pays less than they have to and if it is too high, someone is paying more than they have to. So depending on how it is set and who is paying what, all kinds of folks can really be given a raw deal on this. The fact is there’s all kinds of folks upset.

An example: The city of Baltimore is suing the banks involved in setting LIBOR including JP Morgan Chase, BOA, Barclays, Citibank and Deutsche Bank. There just one city. All manner of folks here. This has been referred to as potentially the crime of the century. It’s so complicated that most people don’t understand it, but let’s look at the scale.

Quoting from USA Today states that LIBOR is the most widely used interest rate in the world. Estimates of how much is tied to LIBOR vary from 350 Trillion dollars to 800 Trillion dollars. To put that in perspective, 350 Trillion would pay for all U.S. government spending for 96 years. So it’s big. It covers absolutely everything. What the scandal is about is them saying that they have found that these rates have been artificially set or people were giving out wrong rates.

What is very interesting is this has been going on for a while and for quite a few years now there have been investigations . Some time ago one of the big banks that was involved decided to become the whistle blower so they could negotiate a slightly better term for themselves should it come down to penalties and other things. What’s interesting is the spin that everyone puts on it.

Historian: The following is from Reuters out of the UK, Zurich. U.S prosecutors and regulators are close to arresting individual traders and charging them with colluding to manipulate global market benchmark interest rates. That’s what this is all about. I saw on the news channel last night that they had identified them across nine banks so far and they had identified a lead trader in one of the banks (UBS), but they aren’t sure that this is all to it. They are actually looking at 26 banks which are incidentally major trading partners of the Federal Trade System. So this is not banks all over.

Historian: This is a specific network of banks that tend to do business a lot together and have seemed to form a network to carry out things like this. What you are seeing is a bunch of people saying that this goes way beyond a bunch of traders and of course all the banks are saying no, no, no. It’s just the traders, rogue traders who did this.

We have seen this before where they blame it on a rogue trader.


Reuters UK article about Timothy Geithner. Geithner has been saying “oh no, we didn’t know” and then he finally came out and corrected himself. This article is the third amendment of the original article. In it Geithner says they he became aware of the problem in 2008. However, documents released by the Fed show that as early as 2007 Barclays told the Fed about this. So why would Geithner not know ?

Of course he would know. You look down thru it and there are a number of regulators and governments starting to look at this. Lawmakers are not buying this noting that the Fed continued to use LIBOR as a benchmark in its’ emergency lending programs including the controversial bailout of AIG.


Federal chairman Ben Bernanke says “The process for setting the rate was structurally flawed and he says the reforms were in the hands of, and here’s the spin, private UK banking group responsible for LIBOR”. However, this private UK banking group at LIBOR is used by absolutely everyone in the world for such a massive amount of financial transactions that it is not something that any government can sit there and say oops, the private sector is doing this. We’re not involved. That’s a quick summary of what’s out there in the news right now.

Historian: What do I think this has to do with the RV or anything else associated with the RV ? In this particular case I am looking at this from the perspective of saying what does it have to do with a possible changeover in the banking systems because this is just another one, and in fact not just anyone, a huge issue again demonstrating that the existing banking system and the entire financial system and all those back room type of rules and processes that they use is so corrupt and is so incapable of being the kind of reliable, stable, secure banking that you need That they going to have to shift from one system to the other regardless.

They are going to have to get out of this and go on to something else. I also look at something a little deeper than that. I am looking at strategy and tactics here. I am seeing week after week one scandal after another and they just get bigger. LIBOR is global on a huge scale. They have been doing this for a long time.


It used to be that people just made some snide comments. Now when I look at these articles and read down in the blogs I see. Absolute utter disgust. People who don’t really understand financial systems and banking are so disgusted and so fed up that they just want the whole thing to just go. They are at the point where they say I don’t care how much trouble it takes, get rid of these guys and get rid of the whole system and give us something from scratch that works the way it should.

 And those opinions are people exercising their democratic right. Their opinion is essentially them saying go, go, go. Get rid of these guys and we don’t care how much trouble there will be when you switch this over. Anything is better than this. And I believe that is the strategy of the folks driving this. They are actually taking us thru the change process.

We would be psychologically and emotionally ready for the change from the old to the new. That’s a little bit deep, but that’s the kind of stuff I watch for. What does this tell me as I see the pattern repeat over and over week to week to week. That makes me feel fantastic about where we are. It’s getting extremely serious at this stage and there’s just no way this will not be removed.

I think the change of the financial system from the old to the new is absolutely critical and we cannot have an RV without them doing that because they are not going to put all that new wealth out into this old system that is so full of corruption and complex processes in there that are doing things they are not supposed to do that nobody can even keep a handle on. That would be a disaster. The financial system has to switch , in my view, and then we will see the RV and both of them likely at the same time. It’s a brilliant transition.

SWFLORIDAGUY POST, 26 JULY

7-26-2012 SWFloridaGuy: "The UNSC has extended the mandate of the UN mission in Iraq for another year and asked all communities there to participate in the country's political process. The resolution extended the mandate of the UNAMI, which expires on Saturday, to July 31, 2013. In a unanimously adopted resolution, the 15-member body encouraged the Iraqi government to continue strengthening democracy and the rule of law, improving security and public order and combating terrorism and sectarian violence across the country. The UNSC voiced its support to the people and the government of Iraq in their efforts to build a secure, stable, federal, united and democratic nation based on the rule of law and respect for human rights. The Council recognised recent positive developments in Iraqi-Kuwait bilateral relations. It also called on both states to continue to act in a spirit that builds further confidence and cooperation, which should contribute to the strengthening of their good-neighbourly relations and enhancing regional stability.

BLUWOLF, BGG, BREITLINGS & OTHERS, 26 JULY

7-26-2012 Bluwolf: THE WORLD IS GETTING TIRED AND THE ECONOMY WORLDWIDE IS CRUMBELLIN.  THE WHOLE WORLD NEEDS THE INTERNATIONAL RELEASE OF CURRENCIES.  WE STILL ARE ON TRACK, WAITING ON THE OUTCOME. ALL IS SILENT, BUT NO BAD NEWS.  IT IS STILL SECOND BY SECOND.


7-26-2012 BGG: Two biggies happened in the last couple of day: Al-Mutlag is being welcomed back and the trial of Al-Hashemi got put off till next month. Both political “hot buttons” over there.  Al- Mutlag is being promised the ability to come back to work for the first time since last December.  Big news – Allawi hasn’t been in Baghdad for 6-8 months until just recently – and now he’s leading meetings in the Halls of Parliament. Hmmmmmmm…The main two things is the mention of a National Conference as though it were a foregone conclusion that it will happen and the inference of a guaranteed “time-line”. Both excellent points; maybe the only two things that matter to anyone right now


7-26-2012 Bamajack75 (Dinar Vets): No one can tell you, without a doubt, how this is all going to all play out. I think most DV'ers will agree dropping the zero's leads to a redenomination, as Iraq has stated. Iraq redenominated in late 03' / early 04 with a 1 to 1 exchange, unless you had a Swiss dinar and it was 150 NID to 1 (SD). The debate here will always be; what will the exchange rate be for the notes that we hold now (NID). Some will say that removing the zero's means taking zero's of the face value of the notes, such as Turkey and Brazil, did. I have to agree that most articles coming from Iraq have stated that. But, I do not believe that is what they are going to do. Back in 03'/04' when they RD to the NID, the rate was around 3000+ (NID) to 1 USD. Now, since then, supposedly the money supply has been growing but yet the rate has been getting better. It should be the reverse. Simply put,they are sustaining an artificial rate. They are doing what they want to with the rate. They are not following any guidelines, regarding the rate. IMO, the majority of the currency M1,M2 represented, is in electronic form. No new notes have had an issue date later than 2010, that I know about. Iraq is the apple compared to all of the other oranges, out there. All of this rhetoric and articles that are coming from Iraq, on this subject, resembles something other than an education for the citizens. If their aim was to simply (lop), why so much tip-toeing. Just RD, like they did before. Give the exchange rate and be done with it. Too random if you ask me. I'd rather have some dinars and take a chance that it simply (lops) rather than not have any and then the NID have a nice appreciation in value. I see this as more to gain than less to lose. If this was a all or nothing proposition, then you would not find so many fence riders, such as myself.


7-26-2012 Honugirl: "Certain important laws reach final stages in Parliament. The Iraqiya Slate pointed out that there are laws that will be endorsed soon by the Parliament such as the Parties Law, Amnesty Law, and the Federal Court Law. The laws that reached the phase of completion are the Parties Law draft where it reached a high level of completion in addition to the General Amnesty law which is about to be completed as well as the Law of Federal Court if the political blocs agreed on it to be voted on as it reached its final stages. As for the HCL the legal committee did not present any report about it and it has been read a first reading but it faced the objection by the political blocs as it was not studied or debated over. In case the political blocs agreed on it, then it will be read the first and second reading in order to be voted on."


7-26-2012 Austin-Powers-For-PM: Bet the reason Najafi cancelled all their vacations and told them they need to work their bums off the next few weeks is to get this HCL debated, finalized, and passed. He knows that this has been hanging over their head for years, and it's now or never to get it passed. Since it is so contentious it will take time and effort, but in the end it will get done, probably right around the end of Ramadan.


7-26-2012 Breitling: You can only go by what the CBI says or policy. They are talking about printing the currency in September and then re-denominating in January but don't place your bets on the table, because I don't believe them but, you have to watch it, you have to be aware on it.   But, it's the best opportune window...the windows that lets them get out of chapter 7 is when the U. N. Security Council meets to vote every 4 months.  As far as revaluing at a buck, that's from articles & from reports from the Minister of Planning and what the CBI has said actually my range is from a few cents up to a buck.

OKIEOILMAN POST, 26 JULY

[okieoilman] the overnight intel and news was absolutely fabulous. The important issues that needed ammending or correcting was accompolished. We are now in the most wonderful position that we have ever been in. I am still under a n.d.a.--but am expecting to be removed from that in a very short while. I wish i could say more but very soon i will be able too. Your faith and prayers will be realized very soon.--keep the prayers going up!!!!!

BGG CHAT, 26 JULY

[BGG] From CY - Dr. Shabibi is ready to RV his money. He has been waiting on the Iraqi government to get its act together. Anyone that really knows what is going on knows this is the case. So far those taking this position have been right about the timing of the RV day after day while the "gurus" have been consistently wrong about their many upon many past predictions of an RV. It is always better to go with those who have been right about things than those who have not.

Jul 26 8:40 AM [BGG] From CY - Up to this point it has been better to look at the RV in terms of weeks or months. This is what I have been doing since April of this year. When the National Conference is called, it will be time to start looking at this process in terms of days or maybe even hours. I think Dr. Shabibi will give the green light to RV the Iraqi money soon after some political stability is achieved in Iraq.

[H-Spot] BGG do you trust him?his credibility, that is

Jul 26 8:44 AM [BGG] He's not saying anything different than I am thinking...

Jul 26 8:44 AM [H-Spot] I would imagine you do trust what he says, as you wouldn't put it here otherwise ;)

Jul 26 8:45 AM [H-Spot] just was wondering if his statement about Shabs ready to rv was just his opinion, or what we all hope we know

Jul 26 8:55 AM [BGG] Listen gang - I'm just a guy reading the news. That's all.

Jul 26 8:56 AM [BGG] I've been right a little more often than wrong. No biggie.

Jul 26 8:56 AM [BGG] I found that letter pretty much on target - so I'll use it later today. 

Jul 26 8:57 AM [BGG] No "back story" - you heard our "back story" the other nite. It sounds about like the "front story" ;)

RUMORS FROM DINARLAND, 26 JULY


poppy3] rich friends what a great day of news>>>.. i am going on my prayer ride and remember all of you and to ask for the help for the leaders of IRAQ to get their jobs done post haste. night all poppy3

Gwaithfoed3: Great find on this video link from Bloomberg. I ask Historian what she thought of it. This is what Historian said after she listened to the Bloomberg report:

(Historian)He is referring to the Eurozone crisis. But IMO what he predicting would apply to the whole world. Not just RV of the Eurozone countries and currencies and the Euro, but RV of whole world.

Gwaithfoed3) [Historian] I don't think Iraq's status has anything to do with timing for the RV. The timing is set by larger issues. Then Iraq and other orgs will execute any paperwork they need. So you can watch for articles on Iraq, and they are an indicator, but they are not the driver
[Historian] Iraq influenced timing until about June 2011, possibly earlier. But from that point on, everything they needed to do was ready to go. They have had to do a song and dance since then. Very trying for them

[Historian] cjswest I believe the good PTB are just playing out a strategy and are in total control.

[BigB] Stitch cruiser Did you guys see the Bloomberg video yesterday about predicting the end of the Euro and a "recalibration" with new currency?

[Stitch] BigB no, did not see it but sounds excellent!!

[barb] Stitch it is a good video clip:  http://www.bloomberg.com/video/investor-worry-distorted-stock-markets-upeY9yWKTLOf~7ZRqeXCkQ.html

[BigB] cruiser Do you suppose they are just trying to prepare the populas for the coming event?

[cruiser] BigB Yes I do think that.

7-25-2012 Tony (PTR): HOPEFULLY TODAY [THURSDAY] THEY WILL ANNOUNCE 3RD MINISTER. NEWS SAYS THIS WILL BE COMPLETED BEFORE THE END OF RAMADAN.

IF THIS WAS GOING TO HAPPEN IN JANUARY OR IN JULY, 2013, THE GOVERNMENT WOULD NOT HAVE THE BANKS SENDING NOTICES OUT TO MAKE SURE THEIR PEOPLE ARE PREPARED. IT WOULD BE STARTED CLOSER TO THAT TIME FRAME.

OUR GOVERNMENT KNOWS THE EXACT DATE THAT THIS IS GOING TO HAPPEN. ALL THIS STUFF IS HAPPENING NOW, BECAUSE IT IS HAPPENING NOW. EVERY ARTICLE COMING OUT SAYS CBI IS READY.

[snuggs101] drob1111 lets hope they keep things moving. IMO there is no way they can keep going with worthless currency. They want to be a player and they have the means to do it. Its just a matter of time and when it will happen

[jutta11] snuggs101 the culture in the ME is tribal and they killed each other over a water hole until a few years back, that's called survival.. now they fight over oil. different medium, still there is no trust between them, long violent history

[snuggs101] jutta11 Good morning!! Its amazing how much we are all learning. It so funny when I actually blow the minds of people around me with what I have learned. I stil have much to learn and understand but its fun

[jutta11] snuggs101 yes, the same with me. when I start talking about this dinar situation, I realize how long and longer the story gets.. historically, financially and politics worldwide.. it is amazing. the best history lesson I ever got and I am part of it. Wow

tigers: another week almost done and no rv . days just keep passing without this being done.  so close =how long do we have to be close before it happens?  the years just keep adding u.  hate to see if we wern't close- lol

tigers:  i never thought july would be almost over and no rv!  I just didn't think I would have to do another year at my job and that I could start helping others and use my new found wealth for good not evil.

[goin4broke] We live in a crooked World. Why ever is stock market up 225 this morning? The FED is going to get audited, Geithner is lying about Libor, and countries are collapsing. If Wall Steet gets hammered again there should never be another bailout.

[Papa Bear] goin4broke Your studies should lead u to why the mkt is up so much.

[goin4broke] Papa Bear My studies lead me to believe the stock market could go below 10,000. There was an admittion of cooking of the books by some 30 companies yesterday.

[Papa Bear] goin4broke I can see we are different in our expectations and your opinion is respected. That is what makes MKTS

[winalot] Papa Bear gold... euro... gbp... all up... dollar down...

[Papa Bear] Up shapely much action pending short term

[winalot] Papa Bear yes... it started scooting this morning about 4 am... that is also when ECB promised euro bailout no matter what.

http://www.cnbc.com/id/48332357

[bluwolf] LORD ,I ASK OF YOU TO GIVE CONFORT TO ALL THOSE THAT NEED IT,HEALTH TO ALL THOSE THAT NEED IT,FAITH TO ALL THOSE WHO WAIT ON YOU,INSPIRATION TO ALL THOSE THAT ARE DOING YOUR WORKS,WISDOM TO ALL THOSE LACKING IT AND INSIGHTS TO ALL THOSE WHO WANT A REAL FUTURE FOR AMERICA THE GREAT..ALL THIS I DECLARE IN JESUS NAME AMEN

bluwolf] THE LORD IS SAYING ''THOSE THAT BELIEVE IN ME SHALL SEE ALL THINGS COME TO PASS'

Head of Finance Committee: There will be five to seven models of new currency issued by CBI, 26 july


Head of Finance Committee: There will be five to seven models of new currency issued by CBI

Head of the Finance Committee in the House of Representatives Haider al-Abadi, Thursday, for the presence of five to seven models for the new currency has provided the central bank, pointing out that the addition of three languages ​​by pointing out the existence of six categories and six categories of paper and metal.
Ebadi said in an interview that “five to seven companies provided models for the new currency to the Central Bank, which in turn will choose one of them,” explaining that “the models contained the Iraqi cultural sites, and three languages: Arabic, Kurdish and English.” 
He added Abbadi that “the form of currency the new not far from the image of the dinar familiar with the people,” explaining that “the paper currency would be the categories of five dinars, ten dinars, and twenty five dinars, hundred dinars, as well as a proposal to add a class two hundred dinars.”
Ebadi pointed out that “the coin will be the fiftieth category fils, fils, one hundred, five hundred fils, and a quarter dinars, one dinar, and two dinars,” stressing that “put the speed into account the distinction between the different categories.”
The head of the Finance Committee in the House of Representatives, that “there will be a new technology in the new currency to prevent forgery, and the unemployment age of the currency, and not to damage quickly.”
The Finance Committee of the House of Representatives, expressed in (July 13th of this month), support for the replacement of the existing currency, while the central bank’s readiness required for this step, confirmed that the bank needs another year to begin the process of replacement.
http://bit.ly/LR3ETd

Parliamentary Finance: The formation of a finance committee to monitor the sub-stages to replace currency, 26 july


Parliamentary Finance: The formation of a finance committee to monitor the sub-stages to replace currency

Announced by the Finance Committee MP for the National Alliance Majida al-Tamimi, the formation of a Finance Committee sub observe the conduct of the stages to replace the new currency.
said Tamimi, that ‘the Finance Committee formed a subcommittee headed by Abdul-Hussein al-Yasiri to follow up the stages of the replacement of the new currency a result of the reluctance of the Central Bank where two years ago.
The member of the Finance Committee, told solution (News) that ‘the Commission will brief the models for the new currency will hold a closed meeting to determine the time of pumping rates in the markets, and to find logos for both sides of the currency so that they are far from the strife and internal conflicts and inclusive of all components of Iraq.
http://bit.ly/MIip0B

Iraqi government allocates $500m to end disputes with Kuwait, 26 july


Iraqi government allocates $500m to end disputes with Kuwait

ERBIL, July 25 (AKnews) – The Iraqi council of ministers has approved a $500 million from the general budget to be allocated for resolving disputes with its neighbor Kuwait.
Iraqi government spokesperson Ali al-Dabbagh has said the council of Ministers has requested from the parliament to approve $500 million, $300 million form the 2012 budget and another $200 million from the 2013 budget, to be paid to Kuwait in order to end decades of disputes between the two countries.
Iraq is under sanction from the United Nations and owes about $2 billion to Kuwait for the 1990 invasion of the neighboring country under former dictator Saddam Hussein.
The State-run Kuwait Airways Corp. has been seeking $1.2 billion in compensation for 10 passenger planes taken during the 1990 invasion.
Iraq also announced earlier this year that the Prime Minister Nouri al-Maliki had come to terms with Kuwaiti officials in a visit to the country to pay $300 million in compensation and pay another $200 million to establish a joint airline with Kuwait.
http://bit.ly/SVEpo0