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Monday, July 30, 2012

POPPY POST, 30 JULY

[poppy3]  WELL I SEE THAT SOMEONE IS SAYING KAP1 IS NOW REPEETING HAT I TOLD ALL OF YOU last month that we ould not see RV till sept 15.. Well there is reason for saying that which I will not go into at this time. What has happened in the last 6 days now has me tatally thinking things are better than originally thought and I think we will see the RV much sooner. in fact before The end of August. We all have to be patient either way but between me and u I am feeling much better about our timing status. We will do another call I plan to answer the many questions about preperation for the RV AND ALSO POST RV ...so have your pad and pencil ready. POPPY3

BGG POST, 30 JULY

7-30-2012 BGG: I have said before that Maliki has a fairly intricate security apparatus in place. He has a pretty good handle on things. It looks like to me – that Maliki saw something that spooked him into cooking up this Syrian border crisis.  I think he may have gotten the heads up on a National Meeting coming – I initially thought it might be the invite to be interrogated by Parliament that had him spooked – but a National Meeting is equally bad for him in the end. If everyone on both sides of the isle wants a National Meeting and he’s the only one that doesn’t. Maliki continues along this path of aggression and dramatics – his value as a US ally becomes exponentially smaller. Once his perceived value to the US is gone – I don’t look for him to last long. I am pretty sure he saw something coming that no one else did and he cooked this thing up as one final delay, which I think is successful – for now. But in the end this move will just add fuel to the fire for his removal.

GARY POST, 30 JULY

7-30-2012 Gary (PTR): There have been a lot of meetings. A lot of things are happening. Things are moving forward on a number of fronts. There was a meeting in New Hampshire and a lot of decisions being made [about adjusting currencies and forgiving debts between countries] talking about the currency baskets or one specific one with 11 currencies in it at this point and talking about the specific guidelines of what is going to happen when that is released. That meeting was supposed to be completed today and there are some announcements that I expect to come out in the next 24 hours; not the RV but about the currency basket itself. We know the National Conference was done over the weekend. We know a lot has come out of that. The banks are being told to be ready in the next couple weeks. Everything we are hearing is good news.

MONEYDR POST, 30 JULY


[moneydr] I hope everyone sees what I'm seeing ... things are lining up beautifully. If the RV happens on Wednesday (as Blaino has said he believes will happen), that will give the Feds 30 days to collect big bucks from we new millionaires before the new fiscal year begins September 1. Sources at multiple banks, including one near me that I happened to stop into, have all stipulated they are ready for currency exchange this week (I was in a Wells Fargo).

Too much movement and too much lining up for things not to be pointing to an RV. Also, even though H said my intel from my Doc friend wasn't correct, funny thing is .. Blaino confirmed what I had said - along with the purported rates ... VND .32 and IQD at $3.50-$7. Again, all is conjecture until the actual lever is pulled and we have our RV, but I really believe it's here.

 [moneydr] just makes sense with all of the following conditions, that we RV this week ... the Olympics are going on so all nation's focus is elsewhere ... it was decided to keep the Euro this last Friday, so things have to be put into place to accomplish this ... 
The large numbers of financials that are/were meeting in New York ... the new fiscal year for the Feds begins September 1, so if we RV August 1, it would give the Feds 1 months to get some big monies into their coffers from you and I new millionaires (as Blaino has said), etc. Just too much lining up

moneydr: I hope everyone sees what I'm seeing ... things are lining up beautifully. If the RV happens on Wednesday (as Blaino has said he believes will happen), that will give the Feds 30 days to collect big bucks from we new millionaires before the new fiscal year begins September 1. Sources at multiple banks, including one near me that I happened to stop into, have all stipulated they are ready for currency exchange this week (I was in a Wells Fargo). Too much movement and too much lining up for things not to be pointing to an RV. Also, even though H said my intel from my Doc friend wasn't correct, funny thing is .. Blaino confirmed what I had said - along with the purported rates ... VND .32 and IQD at $3.50-$7. Again, all is conjecture until the actual lever is pulled and we have our RV, but I really believe it's here.

  moneydr: rzepp and now those same banks are having to back-peddle to their employees to explain why people will be coming in to exchange the currency they were told (and were telling people) was a scam all those years.

 moneydr: we need to stay positive. Look at history. This is not a matter of IF this happens, but WHEN. I think the WHEN is this week ... God willing

ROTORHEAD IN CHAT, 30 JULY


[rotorhead] Iraq wealth -- that is a really interesting article that you posted with the link. Sort of 'coincidental' that they are doing a currency reset. I believe we will be in a period of a lot of currency resets out of necessity because of the national debt loads, and the foundation of Bretton Woods agreement is crumbling.

[iraqwealth] rotorhead thanks

[rotorhead] An aritcle posted earlierr stated that the resets would involve the wiping out of ALL debt between nations (any country that did not go along with the new set up would be ostracized and monetary life would be difficult for them). THe reserves of the nations would include the IQD -- interesting that Shabibi (Central Bank of Iraq) said ealrier that the IQD would be a 'reserve currency" and the strongest one in the mideast.

[iraqwealth] rotorhead do you have the link?

[rotorhead] Well at 8/10ths of a cent, although we don't have alll the facts and would not want to hasten to judgement, it sure seems like some really big change for the IQD is in the wings for Chabibi's statements to have any validity, and his statements I would ascribe a lot of weight to. 
[buddydog] rotorhead Reading your comments requires me to keep reminding myself to BREATHE!!! Thanks

[rotorhead] I had it sent to my email on my iPhone. Let me see if I can did it up and post it. It make take a few minutes.

[rotorhead] Buddydog - I understand that requirement -- even if I am not concentrating on the IQD. :-)

[rotorhead] How do I post the thing -- I think we are limited to so many words in this dialog box? THe original 'article' was posted around 29 July -- I believe on PTR. I do not know by who.

[rotorhead] #1: Found the below post on PTR. Though short, I thought it was well written in its explanation regarding the inter-connectivity between the Revaluation of the Dinar and the world-wide financial reset via all currencies being ASSET based. This 'reset' of the world's finances has been a long time planned and coming. Along the way tidbits of info surfaces although the workings is at the highest levels of finance and governments.

[1966Edition] CountryGirl59 sorry I had to bail on ya....had a contractor show up to fix my roof

[rotorhead] #2: A year ago July 1st, it was quietly announced in a broadcast Fox News program that all of the world's currencies will hereafter be asset based, rather than fiat paper money issued with no backing. Since that announcement we have seen a quickening of this MANDATE have its affect upon world finance.

[rotorhead] #3: This 'reset' will remove ALL DEBT between Nations. For the USA, all nations, especially China who holds much of USA Debt, are being forced to forgive all debt instruments they have purchased from the US Treasury. In exchange, they themselves will be given a 'free-pass' on their debt too. Plus, they will have their national currency asset based, which include those government HOLDING Iraqi dinar....sort of like a 'paper' gold, but it directly linked to the international value of the Dinar

[rotorhead] #4: ....sort of like a 'paper' gold, but it directly linked to the international value of the Dinar itself. In other words, using China as our example, they will 'forgive' billions, if not trillions of US Debt but will compensated with Iraqi dinar being held in their central banking system.

[rotorhead] #5: You can see then, that to get all the world's countries to play along, although they are being FORCED into this, is a monumental undertaking. But it is being done by the world's central banks and 'if' any nation wants to have access to future funding, asset protection, international trade and asset sharing, those countries MUST comply. Therefore, I thought that this post from the PTR web site was very well, but briefly explained.

[walter-bs] rotorhead may I ask who made the original post or title ty

[rotorhead] Below will be the post - it is somewhere on this site but I do not know where. I found the article really well written and it certainly bolsters the high RV outlook: I apologize for taking up so much 'bandwith here".

[rotorhead] Walter - I d o not know and could find out in a day or two but in meantime I will post it here in segments

[walter-bs] rotorhead ty

[rotorhead] #A: Hi Dinar friends, Haven’t posted on here lately, for the simple reason, the time wasn’t near. Many says the RV has been held up, I say it wasn’t due yet. Actually the timing of the RV as you well know is for global reset. We can be assure of this by the simple comments Shabibi has said in the past stating, “the Iraq Dinar will be a reserve currency”, and “the most valuable currency in the Middle East”.

[rotorhead] #B: Understand, when the global community resets, there can not be debt between one country to another. Debt will be forgiven worldwide, countries will base the value of their currency on the assets they have or hold. Many countries will use the Iraq currency held as an asset. This was not the beginning intention of the Iraq Dinar, or was it?

[rotorhead] #C: We as the lower element in this, and yes I will say investment, is not privy to the big plan of global reset, but we see evidence of it progressing for the last couple of years. Here in USA, we see the national debt rise dramatically every second and yet we hear nothing of our congress or government saying a word of how they plan on reducing it. Why is this?

[rotorhead] #D: Simply, there is no way to reduce it. It has gone past the point of a solution. And this is the case worldwide. If left on the path we move on, the global financial sector will self-implode within the next 2 years or sooner. This is why the Iraq Dinar will be a reserve currency, held by every central bank in the world. It will be a or the major asset used to start each country over. To give each country a base starting point. Just like we heard the two major banks in Iraq restructure.

[rotorhead] #E: They had to be zero out, then re-financed or provided a new starting balance by the World Bank. The same will be for each Central Bank. It will be zeroed out, then provided (already set in place) a new balance of assets (Iraq Dinar) as a starting point. Yes, each country will have provided what it has as assets prior to adding Iraq Dinars (already done). Basically, as IMF stated last year, “the world strongest currency”, will be a reserve currency or the asset that will start or assist each

[rotorhead] #F: Not sure if you have watched closely the articles about Shabibi or CBI. The last one was quite interesting, where the Director General of CBI stated that they had to initiate the “delete the zeros” (RV) at the beginning of the year, 1/1/13 (which is Iraq’s beginning of their fiscal year) due to the fact that the problems of two currencies would be impossible for every bank in Iraq to maintain.

 [rotorhead] #G: Then right before this article, another surfaced, where Shabibi says the new currency would not be ready in time (1/1/13) but he had enough coinage to cover the “delete the zeros” process and would move ahead on schedule.

[rotorhead] #H: Here is, to me what I enjoy even more. If Shabibi is determined to begin the process with our currency (lower denoms) and start specifically on 1/1/13, then the value of the currency has to rise or RV prior to releasing this on 1/1/13. This means, the RV, has to be in 2012. Initially, I thought it would have to be as close to 1/1/13 as possible, but since our currency will be used, it can happen any time prior to 1/1/13.

[rotorhead] #I: Since Shabibi has stated publicly he will use the coinage (25 and 100 Dinar coins), makes sense to me he would add in the 50, 250 and 500 Dinar notes currenty being used on the streets, as this would cause less trouble since this is what’s left the Iraqis are holding already. We know Shabibi, being as slick as he is, has devalued the Dinar in the past to draw in all the large notes (completed).

[rotorhead] #J: Then, his task is to increase the value of the Dinar so the Iraqis will have confidence in the Dinar (meaning the value HAS to be higher than $1) and let loose of the US Dollars, causing the de-dollarization in Iraq and the RV at the same time. Even though this process is a global reset, Iraq still has to do their part while not letting on to the Iraqis, that Shabibi took them for a ride to accomplish what he had to do.

[rotorhead] #K: We are at the end of this “investment” ride and we will see what we seek in the near future. What rate, what date? Well if it has been said by Shabibi, the Iraq Dinar will be the most valuable in the Middle East, I believe tells what the rate will be, and the date is this year. Look at all Middle East currencies presently and this should help you determine the rate.

 [rotorhead] #L: The same time this happens, you’ll see new US currency stating US Treasury (on top) instead of Federal Reserve notes (bye bye Federal Reserve), you’ll also see the demise of the Euro and each country going back to their currency as it will be asset backed by the worth of individual countries. I will say before the elections, this will be done. POSTED July 29, 2012.

OKIEOILMAN POST, 30 JULY

OKIEOILMAN] I MAY BE LANDING THE BLACK JET SOONER THAN I HAD EXPECTED---STAY TUNED FOR FURTHER INTEL NOT PUBLISHABLE AT THIS EXACT MOMENT

THIS HAS BEEN AN I.F.R. FLIGHT AND ACCORDING TO INSTRUMENTS I HAVE CROSSED THE OUTER MARKER

CMDRPILOT 3 DOWN AND 3 GREEN LIGHTS ON THE GEAR

GHOST: I AM POSTING FOR OKIE LOOKING OVER MY SHOULDER. 3 GREEN LIGHTS MEAN THE LANDING HAS BEEN DEPLOYED LANDING GEAR. I HAVE KEYED THE MIKE TWICE TO TURN THE LANDING LIGHTS ON THE RUNWAY.   OKIE SAID HE MUST LAND THIS TIME--THEY AREN'T ENOUGH FUEL FOR A GO AROUND

GHOST:: “SEDNET) MOST IMPORTANT PART OF THE POST WAS GEAR DOWN AND LOCKED, THREE GREEN LIGHTS

OKIE DECODED FROM INTEL4U, 30 JULY


geterdone] Okie just posted he may be landing the black jet sooner than he thought............

[cowtown333] rnort and whats 3 down and 3 green lights on the gear?

[eagles4] cowtown333 all 3 wheels are down and locked

[eagles4] cowtown333 all done when just ready to land

[eagles4] cowtown333 yes you want 3 green lights

[highlander65] what did this mean - cmdrpilot 3 down and 3 green lights on the gear

[misskitty05] nolaspice when he lands we'll have our RV ...so sooner is better

[highlander65] as well as IFR Flight - I'm lost anyone??

[moonchild] eagles4 all we want is 1 RV, no lights needed

[eagles4] cowtown333 lights indicated gear is down and locked. Ready to land
[manifest] highlander65 Instrumental Flight Regulations

[paradisegirl] highlander65 IFR is flying via instruments

[ravectors] eagles4 outer marker is usually 4 miles or so from runway threshold

[highlander65] manifest paradisegirl thanks - so this means he is ready to land?

[eagles4] ravectors It depends I am a commercial pilot

[businessasusual] IFR - Instrument Flight Rule. Used when there is bad weather and low visibility.

[highlander65] ravectors That was my next question - 4 miles away -- can't be too much longer eh?

[ravectors] I'm a commercial pilot too and air traffic controller

[eagles4] ravectors but that would normally be right

[highlander65] ravectors OK so all is good for landing very soon?

[eagles4] ravectors I should say has been. I have retired from flying

[misskitty05] do we think 4 miles means 4 hours?

[eagles4] ravectors that outer marker must be 10 miles out lol

[rnort] .okieoilman] i may be landing the black jet sooner than i had expected---stay tuned for further intel not publishable at this exact moment

[rnort] this has been an I.F.R. Flight and according to instruments i have crossed the outer marker

[rustyc] This has been an I.F.R. Flight and according to instruments i have crossed the outer marker 3:33 PM [rustyc] [..okieoilman] i may be landing the black jet sooner than i had expected---stay tuned for further intel not publishable at this exact moment 3:31 pm

[rustyc] Cmdrpilot 3 down and 3 green lights on the gear

yc] 3 green lights mean the landing has been deployed

[4formizzou] Can someone please de-code Okie's post for me? I'm lost. TY.

[eagles4] rustyc down and locked. ready to land

[rnort] 3 green lights mean the landing has been deployed .

From MIG: 911GTS] next marker on landing is the middle marker then the inner marker just before touchdown

DINAR GURUS UPDATE, 30 JULY

7-30-2012  Intel Guru Okie_Oil_Man   I MAY BE LANDING THE BLACK JET SOONER THAN I HAD EXPECTED---STAY TUNED FOR FURTHER INTEL NOT PUBLISHABLE AT THIS EXACT MOMENT.  THIS HAS BEEN AN I.F.R. FLIGHT AND ACCORDING TO INSTRUMENTS I HAVE CROSSED THE OUTER MARKER.  CMDRPILOT 3 DOWN AND 3 GREEN LIGHTS ON THE GEAR.  [OK Dinar Guru Community, get your decoder rings out again...need help with this post also!!  Best interpretation gets posted on our Dinar Guru site!!  Thanks again for your help!!  : )  ]

7-30-2012  Newshound/Intel Guru BGG   Here’s the bottom line – I know things have not looked good lately…we aren’t the crowd that “calls it” everyday. We follow the “real developments”. While it does look treacherous right now – this is exactly what the White House did not want, a civil war right before the election. As I have said all along – to them, it was always all about votes. An explosion in Iraq – would publicly highlight their moronic handling of the whole affair. They cannot afford one.  The good news is – as Maliki continues along this path of aggression and dramatics – his value as a US ally becomes exponentially smaller. Once his perceived value to the US is gone – I don’t look for him to last long.  Again – I am pretty sure he saw something coming that no one else did and he cooked this thing up as one final delay, which I think is successful – for now. But in the end this move will just add fuel to the fire for his removal.  [post 2 of 2]

7-30-2012   Newshound Guru SWFloridaGuy  [Article quote:]  Iraq’s Oil Ministry announced the end of an important part of the problems with Kuwait on the common fields. The Oil Ministry announced a solution for a large part of the problems with Kuwait on joint oil fields. The Joint Committee between Iraq and Kuwait was able to resolve a large part of the problems between the two sides on the standardization of production and organization of work the oil fields. The Commission has been able to reach important results for the resolution of this file and start a new phase of economic relations, particularly with respect to the field of oil.

7-30-2012  Intel/Newshound Guru Poppy3   this is going to be a very interesting week...many unconfirmed rumors but all very promising and have come in from very different sources. They seem to be a bit premature but are for real. The news that shot the stock market up over 13 last week is part of the reason for some of the premature dates for the RV along with the Syria situation Maliki has been promoting.  I now see him back peddling and changing his direction again trying to save face with people...TO LITTLE TO LATE...sooner or later he can't squirm any further in the corner.  Be very alert to all the news this week...When the news starts clearing up it will come fast and furious...LETS ALL JUST PRAY NO MORE TURMOIL STARTS BEFORE THE CLIMAX. THE RUMORS I REFERED TO ABOVE ARE VERY VERY PROMISING, just like i said a bit early.

7-30-2012  Newshound/Intel Guru BGG    Maliki has a fairly intricate security apparatus in place. He has a pretty good handle on things. It looks like to me – that Maliki saw something that spooked him into cooking up this Syrian border crisis…which it is…all cooked up.   I think he may have gotten the heads up on a National Meeting coming – I initially thought it might be the invite to be interrogated by Parliament that had him spooked – but a National Meeting is equally bad for him in the end. If everyone on both sides of the isle wants a National Meeting and he’s the only one that doesn’t – what does that tell you??  [post 1 of 2...stay tuned!]

7-30-2012  Intel Guru Bluwolf   PLEASE BE ADVISE THAT ALL BANKS ARE IN THE HIGHEST ALERT, CAN'T SAY MORE, LET'S SEE IF ALL GOES WELL AND THIS BLESSING POPS UP.

7-30-2012  Newshound Guru Med  I DO ALSO BELIEVE THAT THE EXCHANGE RATE AND THE NEW DENOMS WILL NOT COME OUT AT THE SAME TIME.  I AM GOING BY SOME FACTS  THAT THERE WILL BE AT LEAST A MIN 7 DAYS  BEFORE THE NEW DENOMS ARE READY FOR ISSUE.  THE BEST GUESS AND BASED ON WHAT WE KNOW THE SAFEST GUESS ON THE RV IS DECEMBER AND THE EARLIEST IS OCTOBER, I BELIEVE BASED ON A NEW FISCAL YEAR.  [post 2 of 2]

7-30-2012  Newshound Guru Med    KNOWING ALL THE PRECAUTIONS THAT THE IMF HAS IN PLACE AS A GENERAL RULE  TO PROTECT HUGE INCREASES AND HOW A LEAK CAN IMPACT A CURRENCY AND DEVASTATE AN ECONOMY... I DONT BELIEVE THAT WE ARE NOT GOING TO BE TOTALLY SURPRISED HOW IT SHOWS UP AND WHEN.   ONE WAY IT COULD END UP SURPRISING US IS THROUGH THE SUPPLEMENTAL BUDGET.

TERRYK CHAT, 30 JULY

[TERRYK] WELL DID IT HAPPEN YET
[TERRYK] I’M BEING TOLD ITS MIN BY MIN NOW
[TERRYK] FEELS LIKE DAY BY DAY
[TERRYK] MONTH BY MONTH
[TERRYK] YEAR BY YEAR
[TERRYK] GOD BLESS

POPPY & BGG CHAT, 30 JULY


[poppy3] this is going to be a very interesting week.. many unconfirmed rumors but all very promising and have come in from very different sources. They seem to be a bit premature but are for real. The news that shot the stock market up over 13 last week is part of the reason for some of the premature dates for the RV along with the Syria situation Maliki has been promoting ..

 I now see him back peddling and changing his direction again trying to save face with people.. TO LITTLE TO LATE.. BGG is right in my eyes sooner or later he can'T squirm any further in the corner. THE ROMORS I REFERED TO ABOVE ARE VERY VERY PROMISSING just like i said a bit early . Be very alert to all the news this week ...... When the news starts clearing up it will come fast and furious... POPPY3 LETS ALL JUST PRAY NO MORE TURMOIL STARTS BEFORE THE CLIMAX.

[Mckissm] Am i missing something.....looks like indefinite delay.....not seeing any real movement to enforce their plan from May. Can/will anyone stop Maliki....doesnt look like it.
[BGG] Mckissm - It appears you did miss something. Something scared Maliki bad enough to risk starting a civil war. I would call that an interesting development. Maybe I need to be clearer...one way or the other things are getting done.

[BGG] Now enough boo hooing because it's not happening fast enough for you. If you want you want your ears tickled wtih news that never comes true - there are plenty of places willing to accomodate you.

[BGG] If you want facts and common sense - we'll keep it up.

[BGG] In the mean time - keep in mind...there is very little we have to do with this process - we are spectators.

[satrib] Bgg...I have thought it is very encouraging that meetings and work still continue even with M's stupid antics.....true?

[BGG] satrib - EXACTLY MY POINT.

[BGG] Maliki knows something is up... he's about ready to chew off his own leg.

[satrib] Cool....always good to know I'm reading things right

[thp329] BGG Sadly, Iraqi and common sense is an oxymoron

[BGG] thp329 - I'm talking about from our perspective. We have to maintain some semblence of balance while watching this - and in correctly figuring out what some of these nefarious characters are up to.

[thp329] BGG Amen bro !

[satrib] So.....chances are then....that this thing coming to an end will come very quickly when it does come, and M will be fried before he knows what hit him?

[BGG] satrib - that's the way I see it too... he keeps it up - he's smoked.

[BGG] TTYL - out to work til later.

DINAR CHATTER , 30 JULY


Ptr cc 6 pm edt 7/30/12 -See you on the bull!! !

(Herewego)Today, today, today ay ay ay!!!
Do you know what today is lovely people?!?!?!

Well, today is JULY 30TH!!! Aaaaaaand, today is the day to look for the Un Operational Rates to change for AUGUST 1ST!!! Aaaaaaaand,guess what??? They did!!! Sooooooo that means that we are looking real prettyfor AUGUST 1ST!!! Go RV! Go RV! Go RV!!!

(Jb4ny) I hope your right. Tomorrow is July 31 & its a Tues. Dan has always said Tues Wed Thurs are better days. I will definitely take today. I really just wish it would happen soon, as we all do!

I just dont want to hear another intel provider tell us its "closer than you think", when we thought it would happen over a year ago and every week since.

Thanks herewego I love the enthusiasm!!!
[kwanvestor] Re: the hotel in the Northeast. Wouldn't it be something if it took place at the Mount Washington Hotel in Bretton Woods, NH.

[kwanvestor] The Bretton Woods Agreement July 22, 1944), among other things, pegged currencies to gold.

[pjs] Papa Bear is everyone hiding from me?

[Papa Bear] Nobody is hiding folks hang in there

[pjs] Papa Bear everything still looking good ?

[Papa Bear] Yep

[bookings] Good morning all. Been lurking reading everything. My take is this. something has got to happen now

[bookings] this world is falling down as we speak. so

[bookings] I feel imo this rv has got to take place soon.

[Maryrose] what did ya'll think of Blaino's post re: the meetings going on?????

[honeybelle] Diane Marie ok i hope that means something good!  praying this thing pops like now!!!!!!!!!!!!!!!

[Sparkles]  It was sure a good hyped weekend things have really been dull

[highhopes] Sparkles-maybe we will get the next Chapter from Blaino tonight on "Like sand through the hourglass-so pass the Dinar Days of our lives"...haha hope so -it was lots of  fun to read

[Sparkles] highhopes yes it was lol

[highhopes] Sparkles- the only thing that would make it more fun is that we see the RV on Aug. 1st as Blaino inferred.

[Sparkles] highhopes- I 'll take it

[highhopes] Or sooner!!!!

Sparkles] highhopes I have really felt good about July but there is only today and tomorrow to go but hey it could pop on the 31st

[highhopes] Sparkles: Fingers, Toes, and Eyes are crossed. papaJack at OOm said we would have a "Christmas in July" yesterday. Hope he knows something we don't!!

[Sparkles] highhopes wow I hope so

[Texas Mama] Sparkles What in Sam Hills is going on with this RV... I thought it was suppose to happens already...but I's not sad...nope....just cited!

[Sparkles] Texas Mama highhopes If all our hoping could bring it we would have already done it

[highhopes] Sparkles AMEN

[highhopes] .- Just hope the PTR call  at 6PM EST doesnt overlap the next exciting chapter of the "Blaino Saga" tonight ...lol. that was fun to read. Was hoping Tony and Gary at PTR heard some of the same info as Blaino

[maddy] My neighbor just got home from iraq for two weeks. He works over there for ten years now. I asked him about the dinar he said it makes for great wallpaper. He said Iraq has all the money they need with the oil

[SCgunner] maddy They does not equal the poor, poor, people :(

[SCgunner] maddy Maliki and his crew have plenty enough money

[hoopsas] maddy Imo its a similar situation there as it is here..only a few people know whats going on..we are fortunate enough to know about the rv

[maddy] I know I tried to tell him, but he just laughed at me

[jlindle] maddy remember what happened to the guy who thought the same thing about the Kuwait currency?

[OKMama] hoopsas Yep, that's true. I'm still amazed I am even involved with this. I feel like I'm in an underground movement or something! LOL Very covert!

[maddy] I believe this is a gift from God and only the chosen eyes are open.

[blueblaze1962] JUST A REMINDER TO EVERYONE HERE, PLEASE DON'T GIVE OUR PERSONAL INFORMATION, PHONE NUMBERS, EMAILS OR YOUR LOCATION TO OTHERS. YOU NEED TO BE VERY CAREFUL WITH YOUR PERSONAL INFORMATION. REMEMBER YOU DON'T KNOW WHO IS ON THE OTHER SIDE OF A USERNAME AND WHO YOU MIGHT BE TRUSTING, SO PLEASE PLEASE PLEASE BE CAREFUL. BE SAFE

[blueblaze1962] schipperke It is so easy for folks to fall prey to scams and there are many many people out there that want to scam us out of our blessing, so we must be deligent and aware of who we trust.

REIDAR VISSER POST, 30 JULY

7-30-2012 Reidar Visser (Iraq Historian): PM Maliki chairs meeting of Iraq national security council (which rarely meets). Preparing for influx of Syria refugees. "The National Security Council discusses the latest developments in the Syrian crisis and its impact on the security situation in the country. The Prime Minister, Commander in Chief of the Armed Forces Maliki during a meeting of the National Security Council, which comprises foreign ministers, interior, finance, defense, justice and national security adviser and a number of senior officers and security officials, discussed the latest developments in the Syrian crisis and its impact on the security situation in Iraq. The Special Committee which inspected the border areas with Syria has provided a report on the ongoing developments and measures to be taken, the Council adopted a series of resolutions on the organization of the process of receiving displaced Syrians and the emphasis on the accommodation in special camps and processing services as required."

THOUGHTS FROM INTEL4U CHAT, 30 JULY


[cruiser] Hi good morning all !! Recession Stalks Germany as Breakeven Rates Drop: Euro Credit Now we know why ECB ia moving quickly..

http://www.bloomberg.com/news/2012-07-30/recession-stalks-germany-as-breakeven-rates-drop-euro-credit.html

[1biz4u] cruiser what's the story with the markets so far this morning??

http://www.bloomberg.com/news/2012-07-30/draghi-on-offensive-as-game-changer-sought-in-crisis-battle-1-.html

[paradisegirl] ECB President Draghi goes on the offensive to save the Euro .

[kids] cruiser GM..the media is giving our hints!!!

[cruiser] kids Yes they are.

[cruiser] 1biz4u Very Quiet. Almost like they are waiting forsomething.

[BigB] cruiser One can just see it all unfolding before your eyes.

[1biz4u] cruiser I hope its what we're waiting on.
[BigB] cruiser reading and hearing what is happening, we have to be very close. I think this thing is going to go fast!

[subnet52] Apparently Lloyd's is caught up in the LIBOR scandal also: .

http://wallstcheatsheet.com/stocks/weekly-financial-biz-recap-lloyds-unexpected-loss-j-p-morgan-management-changes.html/

[BigB] subnet52 That doen't really surprise me.

nutzo] subnet52 they are all joined at the hip

[subnet52] BigB me either....they are all connected

[subnet52] nutzo rofl couldn't have said it better

[cruiser] BigB OVer with in a blink of an eye.

[BigB] subnet52 All poop stinks, just some more than others.

[subnet52] BigB rofl

[nutzo] nutzo well they are all good bed-fellows-----till one turns over and one falls out!

[subnet52] BigB you got that right - it's ALL about packaging!

[BigB] cruiser I can see it building up speed - it has to in order to minimize collateral damage.

[BigB] cruiser You should recap your comments of last nights discussion about Blaino's post for averyone here in the castle

[faithhope] BigB agree interesting and I missed the 1st part

[msgwen] cruiser BigB What BigB said, yes! Please.

[BigB] cruiser I find it amazing that more people do not read other sites. A person needs to know what is happening and to get different perspectives. Yes, we have our "preferred" sites but the more info the better.

[cruiser] BigB What that I thought the whole story line was funny, or that I could be wrong for looking at the current system instead of looking at the new system that will replace the current one?

[BigB] cruiser You know that you will have to explain that to the castle dwellers.

[cruiser] BigB I guess so. Thought it was kind of explained.

[msgwen] cruiser Some of us were not here last night. Please share your thoughts.

[cruiser] BigB kind of funny. But it makes you read. and then read again, so we can all comprehend it. That is what I thought at least.

cruiser] For those that want to know. Currently we use a Fiat currency system based on a belief that the currencies of the world are backed by a belief and trust and in reality are not worth anything but pieces of paper. With the U.S dollar pegging or attached to all other currencies (common Denominator) giving the U.S (FED) control of the monetary system. Now the New asset backed system will use the Countires assets ( still to be determined what they are ) and will make the currencies worth something (ex. Gold Standard). So when i am saying i was looking at the old system, I meant the Fiat system.

[citizensoldier] cruiser |ˈkroōzər| noun 1 a relatively fast warship larger than a destroyer and less heavily armed than a battleship. 2 a yacht or motorboat with passenger accommodations, designed for leisure use. • a person who goes on a pleasure cruise. 3 an automobile that can be driven smoothly at high speed. • a police patrol car.

[cruiser] citizensoldier That was pretty good lol

[citizensoldier] fiat money noun inconvertible paper money made legal tender by a government decree.

[blue skies] Maybe today is our day of BLUE SKIES. Not a bad thought.

[citizensoldier] Fiat money is money that derives its value from government regulation or law: the initial value of fiat money is established by government decree. The term fiat currency is also used when the fiat money is used as the main currency of the country. The term derives from the Latin fiat "let it be done

[2012jesus] central bank will hold dinars for dinars will be the worlds reserves money weeeeeeeeeeeeeeeeeeee and every country is going back to there own currency and what there country is worth

[citizensoldier] Fiat money originated in 11th century China,[2] and its use became widespread during the Yuan and Ming dynasties.[3] The Nixon Shock of 1971 ended the direct convertibility of the United States dollar to gold. Since then all reserve currencies have been fiat currencies, including the US dollar and the euro.

[BigB] citizensoldier I hope the novices are listening to these words of wisdom. They have been kept in the dark so long that they really have a hard time distinguising trueths from non-trueths as presented by our media and government.

[citizensoldier] BigB I pray that those who do not know, do not vote.

[BigB] citizensoldier Have you seen the U-Tube on the "Money Changers"? I found it quite accurate and will enlighten those that spend the 2 hours required to watch it. The time goes fast as there is so much info to digest.

[cruiser] So when I say i may be wrong, because I was looking at the old system. If that is to go away now, Then yes i was wrong!!!. Now understand this, the new system will be better for all of us!!!

[BigB] cruiser And with the implementation of the new system, the FED goes bye-bye. YES!

[moonchild] BigB that is one of the big differences between a republic and a democracy.

[BigB] moonchild We were founded as a republic but have been a democracy (mob) for about 200 years. Without change very soon, we will be no more.

[blessedandhighlyfavored] It's Monday...wa la...the example in the video about everything will be fixed on a Monday didn't become a reality because I am still sitting here broke or it is too early in the morning to make that predication yet?

[moonchild] blessedandhighlyfavored that video was just one person's idea of the best scenario to fix the current € mess. And he did not indicate what monday it would be if it happened.

blessedandhighlyfavored] moonchild I know however it would have been nice if he was right

[devildogmom] blessedandhighlyfavored We all have the most wonderful future ahead of us. Predictions of dates/times have been abundant. I don't feel that whoever is in charge will tip their hand to us. It will just get here and we will be blessed.

[moonchild] blessedandhighlyfavored he has not been shown to be wrong. He did not in any way suggest a time period or weekend when it would occur. There is nothing to prevent it from happening next week or the week after...and he would still have been totally correct.

[paradisegirl] on Bloomberg - the ECB can buy some time with several different moves, but problem is not solved, will just kick the can down the road. Saying "this may be it."

[kids] paradisegirl what is your take?

 [BigB] paradisegirl I think they are only stalling as the PTB may not have all complete for release.

[cruiser] BigB I all likely hood Yes.

[paradisegirl] BigB that's what I think, too

[moonchild] BigB would not it be nice to know what they were waiting for?

[kids] moonchild I heard the same report

moonchild] paradisegirl do you have that link from Bloomberg?

[paradisegirl] moonchild no link, just saw it on tv

[paradisegirl] sananddan24 looks like the news is lining up for the global reset.

[Sprinkles] paradisegirl hope so

[BigB] paradisegirl I think it was Crusier that said it best. Think about all the things that have to be worked out prior to RV. Not just Iraq, we are talking worldwide, every bank in every country, every detail. You cannot make any mistakes as there is no turning back. Perfect first time.

[paradisegirl] Sprinkles I just hope and pray that the "new" financial system will bring us a better world, with less corruption and financial thievery

[paradisegirl] BigB exactly, and all that is happening now is part of it

[cruiser] Like me explain how the new system would be better. Under the old system the currencies would have to Re Value or De value using the dollar as the denominator. Under the new system, the Revalue or Devalue will peg the assets of the country. That is why some think the Revalue of the dinar will be low and some think it will be high (they use both systems).

[Sprinkles] paradisegirl yes me too, but I would like to see this thing released, NOW, lots of stalling like they don't want it to happen at all, many say it has to but they have been functioning without it for so long, who really knows

[BigB] paradisegirl I could deal with it all a lot better if I only knew when it was going to happen. The bucks are tight - real tight!

 [Sprinkles] I just need some hope for NOW

[paradisegirl] kids sorry, missed your question. Looks like things are falling in place.

[kids] Geithner to see need for international cooperation

[kids] paradisegirl put on CNBC

[paradisegirl] kids I have it on now, flipping between it and Bloomberg

[kids] paradisegirl me too---appears a lot of media coverage

[BigB] cruiser Because the dollar has played such an important role in world economics, I still think the dollar will be in a later basket to allow some stability worldwide prior to devaluing. timewiswe, maybe it will happen in 30-90 days.

[paradisegirl] kids exciting to be a part of history!

[kids] paradisegirl exciting but scary

paradisegirl] kids the unknown always is, but I believe we have only one direction to go - up

[cruiser] BigB Forget the baskets. This will all go down at once. IMO

[ModelWoman] kids What are they saying on MNBC?

 [kids] ModelWoman breaking news about Geithners mtgs

[BigB] paradisegirl that is the advantage of being on the bottom - only one way to go. Besides, this is a lesson in humility before you get your blessing.

[subnet52] un-named EU politician: "For two years we've been pumping up the life raft, taking decisions that fill it with just enough air to keep it afloat even though it has a leak," the diplomat said. "But now the leak has got so big that we can't pump air into the raft quickly enough to keep it afloat."

[misskitty05] cruiser I thought the relevant assets under the new system had already been defined and currency values were being set based on that system... that's what we're previously heard from intel prviders ...moving to a modified gold standard

[cruiser] misskitty05 That is if they are only going to use gold. I think there will be other hard assets (or secure asstes) that are in the equation to back the currencies.

[cruiser] misskitty05 Currenctly there are 3 tiers. This will be reduced to 2 tiers. Under the Basel III. Tier ! are currently gold and Govenment bonds (that is all i know of at the moment).

 [BigB] cruiser They probably have this huge algorithem with population, gold, silver, precious metals, steel, ore, oil, etc. and just plug in the numbers and let the computers go. The result will be their value of the currencies.

[cruiser] BigB Like the guy said in the bloomberg video, mathmatics problem.

[candy] cruiser have you read Blaino's post? if so, what are your thoughts?

[subnet52] candy not really anything specifically about the RV, but pressure is mounting for EU to do something and do it fast before the house of cards comes crashing down. I believe the only way out for them is the RV

[moonchild] BigB probably industrial production will also be part of the equation

[candy] subnet52 i completely agree with you.

MED & MAILMAN CHAT, 30 JULY


Med:    HELLO DS    I HAVE BEEN TALKING AND GOING OVER IN MY MIND    IS THERE A SCENARIO    OR A REASON OR WAY OR CONDITION    THAT THE CENTRAL BANK    CAN MOVE ON THE EXCHANGE RATE   NOW REMEMBER NONE OF THIS IS BACKED BY FACTS   ONE WAY IT COULD END UP SURPRISING US    IS THROUGH THE SUPPLEMENTAL BUDGET    IT COULD BE IN THAT   THAT SURELY WOULD BE A SURPRISE WOULDNT IT

    tmac096: yes, I saw some mention of it the other day and was wondering humm!
    guardian:    yes
    junebug:    I would love that surprise

    Med:    EVEN THOUGH WE KNOW ALL THIS STUFF   AND DATES  OR MONTHS  I STILL BELIEVE  THAT THE DAY THE EXCHANGE RATE CHANGES  WILL BE A HUGE SURPRISE
     KNOWING ALL THE PRECAUTIONS    THAT THE IMF HAS IN PLACE AS A GENERAL RULE    TO PROTECT HUGE INCREASES    AND HOW A LEAK CAN IMPACT A CURRENCY    AND DEVASTATE AN ECONOMY    I DONT BELIEVE THAT WE ARE NOT GOING TO BE TOTALLY SURPRISED

    HOW IT SHOWS UP    AND WHEN    OK LET ME GO TO ANOTHER SCENARIO    WE DISCUSSED IT POSSIBLY IN THE SUPLLMENTAL BUDGET    THIS WOULD BE A WAY TO SNEAK IT IN

    I DO ALSO BELIEVE   THAT THE EXCHANGE RATE AND THE NEW DENOMS   WILL NOT COME OUT AT THE SAME TIME  I AM GOING BY SOME FACTS  THAT THERE WILL BE AT LEAST A MIN 7 DAYS  BEFORE THE NEW DENOMS ARE READY   FOR ISSUE

    NOW ALSO I SEE ALOT OF BS NOW HITTING THE NEWS    THAT THEY WANT 10 YRS    FOR THE TWO CURRENCIES   TO BE TOGETHER   NO WAY    LOL    THIS IS REDICULOUS    AND EXPORTS SAYING IT WILL DESTROY THE DINAR

    I ASK THIS ? THEN   WHAT EXPERTS LIVE IN IRAQ   IF THEY ARE SO SMART   WHY IS IT IN THE ECONOMIC DECLINE IT IS IN  DID THEY PLAN IT  IF SO THEN THEY CAN STOP NOW

        NOW MYSELF    THE BEST GUESS    AND BASED ON WHAT WE KNOW    THE SAFEST GUESS ON THE RV IS DECEMBER    AND THE EARLIEST    IS OCTOBER    I BELIEVE BASED ON A NEW FISCAL YEAR    SO THOSE ARE SOME THOUGHTS    I THINK WE ALL KNOW    THERE WILL NOT BE A REDLINE ON INFLATION  OR DO YOU STILL THINK IT IS POSSIBLE

    tmac096:    no i think they will lie about inflation if thats the case

    Med:    YES AND NO    YES MOST OF THE GOI WILL    I AM NOT SURE IF SHABIBI WILL    MY GUESS THOUGH    I AM GOING WITH YOU TMAC    THEY LIE    LOL

    tmac096: don't think he will,    lol

    Med:    LOL    I CHANGE MY MIND    AND THEN YOU CHANGE YOURS    LOL

    tmac096:    he has never listened to those village idiots anyway, he's got his plan and he will stick to it.    heck med we sound like a bunch of iraqie MP's    goinna hit the hay, thanks for the chat, be careful with the move,see ya

    Med:    OK I HAVE TO FINISH TAKING APART A DECK

    Big:    GN

    Med:    GN GANG 

RUMORS FROM DINARLAND, 30 JULY


6:19 PM [bluwolf] PLEASE BE ADVISE THAT ALL BANKS ARE IN THE HIGHEST ALERT,CAN'T SAY MORE,LET'S SEE IF ALL GOES WELL AND THIS BLESSING POPS UP

dragn82: I think when the anouncement comes I will be in shock and will probably wonder if it is true

BigB] Josey Wales I've been thinking that the market is really being manipulated to throw everyone off. Think about it, with Europe in the shape it is in and the condition of our country that directly affects Aisa, how can the markets be high. I do not swallow that "stuff" about they are anticipating.....a stimulas package. Yea! Not a stimulus but an RV disgusied as QE3.

[daniandquin] BigB yep

[BigB] daniandquin Remember - thay have to hide it from the world. And we all know how good our media is at that one!

[Josey Wales] BigB as long as we are on the good side of history with Bucks in Pocket.....Oh well!!!!
[moonchild] BigB all have known for years that the markets have been manipulated. There is only money to be made if there is movement so they will create movement, both up and down, purely for profit.

[BigB] moonchild It is the big boys game.

[moonchild] BigB definitely and it is manipulated for their benefit and no other reason

[twisted67] Josey Wales do ya really think we"ll get the truth

[Josey Wales] twisted67 with all of the arrests and resignations from the Global Financial world...........Yes, I believe so...

[BigB] moonchild That is my point - look at the present market conditions - it should be in th cellar but if it was truely reflective, we would have a global depression of unimaginable magnitude!

[moonchild] BigB and one reason that the markets are high is that they are relative. Right now fiat currencies are close to worthless thus the high numbers.

[twisted67] Josey Wales well perhaps ..... but only the truth they want us to hear

[BigB] moonchild Right now, the golden rule applies, he who has the gold rules.

[Josey Wales] BigB well said

[kids] redsnowbird GM CNNi just reported Bernake and Geithner in mtg for 2 days and CNBC slipped and said maybe no more ECB on Thursday

[redsnowbird] kids Yeah.... but don't get to high on hopes.... govt. moves very slowly.... so if they agree on something in the meeting doesn't necessarily mean it will happen that day.... but our timeline is getting closer!

[rustyc] kids missed it that would be in line with what Blaino was saying!

[daniandquin] kids there are allllllll sorts of big meetings today and tomorrow

[BigB] kids Could this be the meeting that Blaino was talking about?

[paradisegirl] kids GM! Did CNBC actually say that there may not be a European Central Bank by Thursday? Did I read you right?

[kids] paradisegirl yes

[daniandquin] kids major meeting of European financial peeps today- rightnow, and geitner and bernake are absent for meetings about "euro and global finances"

[paradisegirl] kids wow, the news is getting interesting

[kids] daniandquin so where are the 2 financial gurus?

[redsnowbird] daniandquin According to Blaino they are in a secret meeting in the northwest!

[kids] daniandquin how do u know they r not participating in mtg?

[daniandquin] kids I didn't say they weren't grin but we just don't"know", know what I mean?

[blessedandhighlyfavored] All the dang on meetings!! Just push the RV button and meet later on what to do the money!!

[redsnowbird] Read what Blaino posted..... very interesting! and I know that you have to sometimes take intel with an open or closed mind... but Blaino does have a few times when he has been correct.... we find out later in the news... so like I said.... very interesting!

 [Precious] now, here is another one for YOU.... A chief financial OFFICER.... For an international finance and   related company has bragged up "opening   box seats for the olympics" in the "upper crust section" and droned on and on about it for MONTHS.... Then, at the literaly "last MOMENT".... Failed to appear, jettin to 'new york' INSTEAD.... Mere driving distance to our lil hotel and conference CENTER.... (per Blaino) Not so ar AWAY..... Hummmmm?????

jguy] FYI This coming week is very pivotal in the world markets, Europe is in a real bad way right now , thats why draghi came out this past week and said the ECB will do whatever it takes to cure the problem.Kenite banks are about to blow at the seams, the ECB rate anouncement is on thursday. It would seem the only thing left to keep the Ponzi scheme going is for a massive traunche of LOTR and QE3, OR drop this system and kick start a new one with real money.

[dlkeith] kvegas Tejas Was in Kuwait and Iraq during the first war and didn't buy as some buddies in AWACs advised....not going to make the same mistake twice....my intel would not be any better than the gurus...I lived in the ME for eight years and have alot of friends but they don;t personally know Shabibi so it isn't much intel....

[MISPLACEDBUCKEYE] warriors77 i have been calling okie from the tower but he must have a radio malfunction he is not landing or showing up on are radar YET!!!! but i know he be on his way !!!!!

[xyz]  The final reason why the ECB has hesitated to restart bond purchases is that it believes it has other options available to improve the "monetary policy transmission mechanism" in countries like Spain, without seeming to bail out   http://www.bbc.co.uk/news/business-19032891

[perwinkle] Stitch blueblaze1962 gm!! I am just stopping by very quick just to leave you a poem I found and wanted to share with all of you and I want you all to know to please help others along your way. If you would not mind may I share please....

[perwinkle] In Your Shoes Take a walk in my shoes, Or should I walk in yours. We often think we're the only ones, Who opens up the doors. If we could only see the other side, We'd take more time to care. As lonliness,frustration and happiness too, Are often found in their. Some people share their lives each day, And some just live alone.

Some people have lots of friends, And some just almost none. If we don't care for those in need, And think we have the lot. We'll never see the other side, And appreciate what we've got. To say a kind word each day, Can heal a troubled heart. It can make the other shine, And brighten up our heart. Take a walk in my shoes, Or should I walk in yours. We often think we're the only ones, God opens up the doors. Written by Life49

[perwinkle] Please as we may be parting and going our own ways if not today ...when ever the times come that we do part...may we always always remember to take care of others....I love you all...

[RickeyT] There was a blurb on Fox this morning about how the U.S. wasted $208 million on traing facilitys for Iraqi policemen, it seem they are untrainable (stupid), and $8 billion on the war

[bryan1972] I thought I saw Okie in his jet, but it was just hammerman in an ultra lite!!!

Next week: The Finance Committee is discussing with the central design of the new currency, 30 july


Next week: The Finance Committee is discussing with the central design of the new currency

Looking for the Finance Committee Parliamentary next week with an interview with representatives of the central bank within the bank several axes, most notably the design of the new currency and categories.
The Central Bank of Iraq runs a currency exchange and contribute to the Finance Committee in its work through the selection of designs of currency and various measures as have the power to control.
said committee member and MP for the Liberal bloc Majida al-Tamimi’s / JD /: “The Committee will meet with the Governor of Central Bank” Shabibi “to complement the themes that were presented to them.”
said Tamimi, “The Committee addressed the procedures for switching currency, design, and categories , and the safety factor, and discuss measures to control the currency exchange. “
said a member of the Finance Committee’s parliamentary MP for the Liberal bloc “The Committee will be on a visit to the Central Bank next week the value of the dinar against the dollar and so on.”
continues the central bank steps to delete the zeros of the three currency which demanded the government to wait until the currency swap time to time, and it was noted the bank had earlier indicated his intention to put the new currency beginning in 2013.
http://bit.ly/OCjF3K

Editorial: Showdown between Shabibi and Iraq’s Planning Minister over currency auction and smuggling issues, 30 july


Editorial: Showdown between Shabibi and Iraq’s Planning Minister over currency auction and smuggling issues

«Auction» foreign currency by the Central Bank of Iraq on a daily basis, the recent subject of argument between the Iraqi Central Bank Governor Sinan Al-Shabibi Dr and Planning Minister Mehdi Al-Hafez, former Dr. «Downloads» accompanied sparring through an exchange of letters I got a copy of them.
The first message sent by the Governor to former Planning Minister, commenting on the statement of the Secretary-General of the Council of Ministers on relations which revealed that the amounts smuggled out of Iraq in recent years is estimated at 180 billion dollars, and that less than 5 percent of remittances are legal ways.
Al-Shabibi said: that these amounts sold in auction» foreign currency and is around 180 billion dollars, used to import large quantities of goods, raw materials and consumables, and pay the salaries of retired Iraqis living outside Iraq and curative services, travel and tourism, there is no Government other than the Central Bank capable of providing import amounts in foreign currency to serve the demands of the Iraqi economy. He added: these transfers are not smuggled money, but money was used to meet the needs of the Iraqi economy and people inside and outside Iraq, banks has opened hundreds of documentary credits are documented at more than 100 billion dollars since the year 2003 and until the year 2011, legal means and not by illegal means, and publish.
Al-Shabibi believes that the Central Bank of Iraq, and to the extent that monitors the movement of financial flows entering the country and out of it as normal economic phenomena that help maintain a stable financial system based on competition in the market, and at the same time generates the desired integration in the international financial market, and open wide in banking with the world.
Adds that restrict transfer or regulating the flow of funds out of the citizens is not consistent with the trend that the Iraqi dinar convertible with the equivalent thereof of currency inside Iraq, adding that this would be contrary to the freedom of conversion and Iraq’s commitment to the international conventions, in particular the application of the provisions of the texts of article VIII of the IMF agreement which obliges Member States to adopt freedom of conversion and the lifting of restrictions to the movement of funds citizens except for irregularities resulting from money-laundering and the financing of terrorism.
In his letter, Al-Shabibi dwells, says: in the absence of any regulations or instructions governing foreign trade especially import since 2003 to date, the Central Bank has two options: either to try and establish controls to regulate the conversion or permanently dependent on financing of foreign trade because of the lack of regulations and instructions. And impossible to go to the second option contained halt financing of foreign trade through auction, because doing so would stop importing entirely by the private sector, its devastating impact on Iraq’s economy, the Central Bank creates its own controls on to window buy and sell foreign currency without charge under provisions of its existing or any law or regulation or the Help window.
Al-Shabibi goes on to say: that various means of monetary policy, including an auction that began the Central Bank of Iraq to design and implementation since 2003, the key under the new economic system based on the free and unrestricted economy, the Constitution and the law on the Central Bank, monetary policy cannot work alone in the absence of other economic policies, such as trade policy, fiscal policy and investment policy and employment policy, tax policy and the national development plan. It cannot load the CBI and monetary policy problems facing the Iraqi economy that CBI does not work based on single-window method, so it can not be on behalf of other ministries and departments continue to use money and goods to Iraq.
Constants
And Dr. Mehdi Al-Hafez was following the letter of the Iraqi Central Bank Governor Sinan Al-Shabibi Dr letter got «downloads» also copy them: that foreign currency selling window designated letter Alshabibi error «auction» is a channel for the delivery of foreign currency from the first source is the Ministry of finance, oil, to the private sector, which must in all circumstances in Iraq and similar countries. Availability of foreign currency, government source to the private sector of a country’s economic system constructs oil, and this particular one is not a choice, and not monetary policy in itself, must be managed channel somewhere to bring foreign currency to the private sector.
Al-haafiz said: the directors of the window is not considered intervention in the exchange market, because the interference-this concept-assumes independence of the Monetary Authority on the foreign exchange market, a complete offer in case of deficiency and excess reserves are deducted to add to it, the Bank is the supply side of the market: determines the exchange rate that has not changed in the last three years and buy the quantity required by the approved price. The difference between the Ministry of finance for the Bank sales and sales to the private sector to add to its reserves. Either say “to defend the exchange rate of the gyroscopic …» It is irrelevant, because it sets the price and buy the required quantity, thus keeping the market price with official price.
The purchase of foreign currency from the Ministry in exchange for dinar, and is an expansion of money supply, reduced sales to the private sector. And plus the corresponding reserves plus cash basis on the liabilities side of the balance sheet of the Bank, each critical edition after 2003 was due to the Bank NET buyer of foreign currency. The critical edition is the central purchasing foreign currency, and there is no other way to that bank lending Government and other Iraqi institutions, and we hope, once again, be described as cash operations, this policy helps to understand what exactly by the Central Bank.
Dr. Hafiz concludes that to say: the purposes for which used foreign currency purchased by the private sector, is the product of the same sector acted in income and foreign currency freely, there is no supported policies of the Bank or others to influence the behaviour of the private sector in General and savings income in particular. Foreign currency provided that only the private sector for the purpose for which the Sha, both for imports or current transfers or investments abroad.
And about what the Bank says that monitors internal and external flows, wondered keeper: how and what specifically monitored by surveillance? And adds: as far as we know there is no closer to these flows a departure or entry, with the exception of oil yield and sold part of it to the private sector as described above, this assuming that as to how what is known and is aware of the implications of this observation?
Adds keeper: a reading of the Bank of article VIII of the Convention on International Fund hasty and exaggerated came, because the article does not impose across-the-Board liberalization of the balance of payments but also of ongoing operations: import and export of goods and services and other paragraphs. It is known that International Fund Convention did not impose on Member States absolute freedom of capital movements and incomes, but vice versa, since the Fund may request from the member limit capital movements, if requested, a member of the assistance from the Fund, the Fund is satisfied that capital outflows from the causes of balance-of-payments deficit.
More than that, the provisions of the Convention that even operations may be restricted to request the forgiveness member set out in article 14 of the Convention. Such readings of texts of international conventions do not help improve the negotiating position of Iraq, and we hope to be keen on independence of economic decision of Iraq at least keen to assert its independence from the Iraqi Government.
http://bit.ly/MfpJB1

Economic Commission supports currency replacement and denies CBI has made agreement with currency printing companies, 30 july


Economic Commission supports currency replacement and denies CBI has made agreement with currency printing companies

Economy, parliamentary support to replace the currency and the central denies agreement printed
Expressed by the Economic Commission Nora Albjara, Sunday, its support for the project to delete the zeros and the replacement of the existing currency, while announcing the Central Bank of Iraq did not agree to print the new currency at the present time
The Albjara Agency / Baghdadiya News /, the “Committee for the economy and investment parliamentary and a number of council members support the project to replace and delete three zeros from the Iraqi currency is present, noting that the problems that surfaced recently makes us before the problem must be to speed up finding a solution for it.”
“The control of large quantities of counterfeit currency, which detect forged out of the country and the attributes of high-definition, big job in front of us to put an end to this organized crime.”
She Albjara feared to be the configuration of such crimes, calling the central bank to tighten control over the replacement, even if the replacement process will continue for two years that we see is also long enough to conduct any audits. “
For his part, denied the Iraqi Central Bank Urbitin agreement with two companies to print the new Iraqi dinar after deleting three zeros of them, stressing that he is now in the process of gathering information and preparing designs and consultation with the government on the issue of restructuring of the Iraqi currency and delete zeros three of them. “
http://bit.ly/OChAVj