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DINARESGURUS.BLOGSPOT.COM_________________ _______

Thursday, August 9, 2012

BELLAGRITS CHAT, 9 AUGUST

[BellaGrits] Hello all!!! Great to see you.... sorry it's been a while since I made my last stop....sure good to see you all....been rather busy with one parent post op and a few minor issues to deal with myself. However, things are on the upswing, and all seems to be fine....thank you all for for your inquiries and even your kind prayers.

You all should know the INTEL world is giving you very little at this point--it's best for you, and I merely ask you to trust that....as I've always maintained this is a remarkable speculative investment that will come to fruition to help others in more ways than you can ever imagine...your family, your friends, your country, your world...everything will change....

as I recall last time I visited, I actually quoted a true friend as stating, "This event will change our world as much as 911...." -- fortunately for the better. That one statement has stuck with me, and I now realize what an impact we all can have to do great things.....

We are all so blessed to have this opportunity and to have stayed the course. You should forever be proud of your dedication and your tenacity....never underestimate what you're capable of doing...what a journey this has been....the best is yet to come...

[BellaGrits] positiveperri hey, you all need to take care of you too....this ride has had flips, turns, upside downs and \i know your emotions have been all over the boar....I commend you all....what remarkable people were chosen to change our world....

fiddlehead39] BellaGrits BellaGrits Could you give us an idea of how long we need to be a bit more patient,,,,, Hours,days,weeks or months,,thks

[BellaGrits] fiddlehead39 let me say this.... I am very happy with where we are....my personal patience has lended me a new definition of patience....LOL....trust me, I never thought I had it in me....but look what we can do...we just dig a little deeper....things look great and have for awhile....timing is not mine to decide....no issues and purely at a point we will reach the victory circle in God's time...there's nothing more to add....all is well....you just have to trust that

[keiji] BellaGrits doe's the lack of intel and silence by the guys mean we're in a good spot? TY

 [BellaGrits] keiji silence is always a "good" thing....never take our silence as a bad thing.....it is for your good as well as my own--promise....

[BellaGrits] Hi..... I'm back....sorry, phones never stop.............wow.............I have gone thru 4 phones in 1 month, no kidding!!!!

[BellaGrits] dealdoctor oucrazy hog1 honeybelle great to see all of you...I am wearing the keys off my phone....my ear is fried...those phones get hot!!!! LOL

[bryan1972] BellaGrits hello bella, I hope its gooooood news!!!!

 [BellaGrits] bryan1972 all good...

[diverdown] BellaGrits Do you think Syria and Iran is part of the hold up?

[BellaGrits] diverdown it's all good..... and we just need to sit back, be patient, and "giterrrdone" .... HA HA

[BellaGrits] diverdown not at all

[diverdown] BellaGrits sweet I will have a Makers Mark now, thx Oh does anyone want to join me?

[BellaGrits] diverdown hmmmmmmmmmmmmm.....dunno if I know that one.....???

[BellaGrits] diverdown sign me up...maybe I need one regardless.... lol

[hog1] BellaGrits :Can you tell us any thing new that would encourge his ?

[BellaGrits] hog1 all is done, all is well, good is conquering bad...... that's about as good as it gets.... timing is on our side .... things look very promising and I am very encouraged, as I hope you will be as well.

[BellaGrits] OK everyone...gotta run.......been great to be in the castle for a bit...sorry I had phone calls but they were all necessary.

BLAINO POST, 9 AUGUST

8-9-2012 Blaino: THIS IS AN OFFICIAL PLANETDINAR ANNOUNCEMENT REGARDING THE REVALUATION OF THE IRAQI CURRENCY, THE "IQD" OR "IRAQI DINAR."  IQD IS CURRENTLY RE-APPEARING ON TELLER SCREENS IN MANY AREAS AND ACROSS THE BANKING SECTOR. THIS VERY INFORMATION MAY NOT BE APPARENT TO THE TELLERS THEMSELVES, AND THIS COULD BE A PART OF THE PLAN TO HAVE IT JUST "APPEAR" SORT OF SUDDENLY, SO CALLING YOUR BANK WILL PROBABLY NOT HELP, BUT ONLY DELAY THE NUMBERS AND VALUES BEING RELEASED. THERE IS A COMPLICATED BACK STORY HERE INVOLVING GROUP AND EARLY CASHOUT OR "EXCHANGE OPPORTUNITIES" HOWEVER I WILL NOT GO INTO IT AT THIS TIME.

DINARES GURUS UPDATE, 9 AUGUST

8-9-2012 Newshound Guru SWFloridaGuy   Maliki has never chose to compromise but I think he's now been forced to in order to avoid his questioning before Parliament. Unless Maliki embraces a broad-based discussion with all factions regarding power sharing (which I think he finally has), his opposition will proceed with his removal. But no longer do they appear to be headed in that direction. I think the next step is an announcement of the National Meeting, which is a great sign for us. Talabani has been calling for a National Meeting and it appears upon his return that is what we will see. 

8-9-2012 Intel Guru Footforward the USA did not bring back all the Dinar from Iraq in order to see it RV for nothing ...it will help us recoop the war and rebuilding costs...our own government is invested here and intends a return and has paid a great price for that return... do you think the USA went through all this trouble for only pennies on the dollar to settle for a ten cents rate. Our currency is not going to be worthless. the Iraq National Conference...has already been done. When the RV happens they will come out and magically say it was all being handled behind closed doors. Once again affirms FOR A FACT that it is out of Iraqs hands now. 

8-9-2012 Intel Guru TerryK THIS MAYBE IT PEEPS, NOT SAYING IT IS BUT IT SURE LOOKS GOOD ...I HAVE THREE CALLS IN 10 MINUTES. I'M TRYING TO GET MY FOREX GUY NOW...WELL I GOT MY CALL AND I JUST GAVE MY WORD, I CAN'T SAY ANYTHING I GOT A GAG ...IM BUSTING AT THE SEAMS HERE WANTING TO TELL U ALL...BUT IT'S ALL GOOD ... i will give you a clue... watch what obama is saying today, tonight and then look at forex...you will see what we are being told ...thats all i can say...gag order. 

8-9-2012 Intel Guru Blaino   "REVALUATION WARNING" THE "IQD" OR "IRAQI DINAR" IQD IS CURRENTLY RE-APPEARING ON TELLER SCREENS IN MANY AREAS AND ACROSS THE BANKING SECTOR. THIS VERY INFORMATION MAY NOT BE APPARENT TO THE TELLERS THEMSELVES... A WARNING IS A TIME DURING WHICH "MOST" CONDITIONS ARE FAVORABLE FOR A REVALUATION TO OCCUR AND THAT OCCURANCE CANNOT BE RULED OUT BEYOND A REASONABLE DOUBT. WE ARE ARRIVED AT THAT PLACE IN THE CHAIN OF EVENTS WHERE A REVALUATION COULD HAPPEN AT ANY TIME. 

8-9-2012 Intel Guru BellaGrits   I am very happy with where we are...things look great and have for awhile... all is done, all is well, good is conquering bad ...that's about as good as it gets... timing is on our side. ..things look very promising and I am very encouraged. 

8-9-2012 Newshound/Intel Guru BGG More good news. Najafi (who has been acting more like the IS leader “by proxy”) is insisting on the naming of the Defense and Interior candidates – likely before the National Meeting. The pressure is on to get these two jobs filled (not by Maliki). These are some of the core issues we believe have held up this currency play. 

8-9-2012 Newshound Guru Med   THE DINAR AUCTIONED OF OFF BY SHABIBI, THE DINAR WE GET, SHABIBI YESTERDAY EXPLAINED WHY THERE WAS A TRADE OFF. THE COUNTRY NEEDED IMPORTS THEY CANT GET AND HE HAD TO AUCTION OFF DINAR SO THAT HE COULD IMPORT GOODS THAT WERE NOT ALLOWED UNDER THE DFI WHICH AMOUNTS TO 138 BILLION I BELIEVE HE SAID. THIS IS IMPORTANT, HE IS JUSTIFYING THE ACTIONS. 

8-9-2012 Newshound Guru Adam Montana Declare our large denoms null? They could do that, but it would be worldwide political suicide... if they "delete the 0's" and turn .00086 to .86, that's the RV we are looking for. (Sure, it's not $14.72 like some...say...but let's be realistic! .10 or anywhere near that is a GREAT return and puts food on a lot of tables.) 

8-9-2012 Newshound Guru SWFloridaGuy It seems like Malik's hand just needed to be forced for him follow through on formerly agreed upon issues. I think we are moving right along schedule. All we can do is watch the preparatory steps taken by the GOI, CBI, Finance Committee etc. The GOI is getting their house in order and then the CBI will make their move (whatever that may be).Either way it looks like this should be wrapped up in 2012. 

8-9-2012 Newshound/Intel Guru BGG Article "Baydhaa parliamentary bloc : the national meeting after the return of Talabani will have a productive impact on the political process." More great news about a National Meeting upon the return of Talibani. While we want to stay balanced – this is awesome news!! I would expect some kind of announcement upon his return and movement towards an actual meeting shortly thereafter. 

8-9-2012 Intel Guru TerryK we should have a flurry of activity after end of Ramadan - 18 or 19 - then 3 day holiday - 23 to 30 Aug 2012. There's a big meeting coming up, slated for Sept. 18 and 19. Whether or not they will want to have currency valued at something before this or after is the big question. 

8-9-2012 Newshound Guru Kaperoni    On the positive of lifting the zeros from the IQD, the operation of lifting three zeros from the IQD , according to a study and sound physical [fiscal?] policy, will lead to these positive factors: One, it increases the monetary power of the IQD to buy things. Two, it increases the value of exchange from the dinar to other currencies. Three, it provides more confidence for more foreign investment in the economy . Four, in increases the confidence of the Iraqi citizen in his own currency , as is the case with the dollar and other currencies in their own countries. [post 3 of 3] 

8-9-2012 Intel Guru BOBGETZ6 [do you...agree it is going to come out above 1.00] Way above, IMO . As I see it, maybe within the next 48 hours all the way to 9/1. My mind is set on 9/1 to eliminate stressful situations. 

8-9-2012 Intel Guru Jonnywg IT COULD TAKE TIME OR IT COULD BE TOMORROW. MADAM WU IS THE PERSON IN CHARGE AND IS A CHAMPION OF HUMANITARIAN RIGHTS AND THE REBUILDING OF USA. MADAM WU HAS TO SATISFY MANY COUNTRIES AND MANY EGOS. I TRULY BELIEVE THAT THERE IS A GOOD CHANCE THIS EVENT WILL TAKE PLACE SOONER THAN LATER BUT ALL IS READY TO PROCCEED ...IN MY OPINION THE PUBLIC RATE WILL BE $4-7 AND A GROUP RATE WILL BE A BIT HIGHER. I HOPE TO HAVE SOME GOOD NEWS BY FRIDAY AND I WILL POST. [post 2 of 2] 

8-9-2012 Newshound Guru Adam Montana I already said I see a good chance for it to happen this year . Regarding the rate, I'll tell you like this. My opinion that it makes more sense to RV at a dime than a dollar was formed a long time ago NOT on rumors - I formed my opinion based on logic and numbers . That logic stays the same, and the numbers are still there as well. There has been nothing but GOOD news in relationship to the things I used to form my opinion, so if anything - I would have to raise my estimate. To sum it up - .10 still makes sense to me, I can see it going higher than that, but I still don't see any chance or reason they would come out over $1. 

8-9-2012 Newshound Guru Kaperoni Now this quote is simply amazing. “This does not affect the value of the dinar so far but it opens the dinar to the free currency market such as against the dollar, etc.” It is telling us that the value of the old dinar (3 zero notes) is not effected. Clearly, this is what we want. Some may want to interpret this saying “yes the value does not change and the exchange rate also stays the same,” ie (LOP) Well this next quote…puts an end to that theory as well ...“If three zeros were lifted from the IQD, this means the IQD becomes stronger 1000 times in terms of value.” This in itself is all we need to be assured of our investment . But the good Dr. [Bakri] gives us the dagger in the LOPster heart with this gem of an example… “For example, a pack of cigarettes that was selling for 1000 dinar would be only 1 dinar. If it was a conversion like that, if the three zeros were lifted from the previous currency, this means the old 1000 dinars will buy 1000 packs of cigarettes instead of 1.” [post 2 of 3...stay tuned!] 

8-9-2012 Newshound Guru SWFloridaGuy We are seeing not only from Maliki's camp but also from his opposition that they are maneuvering toward reaching (or already have) a consensus on implementing a reform proposition. Of course until we see this actually happen, history has taught us to remain skeptical but the recent tone of the GOI certainly leads me to believe they are at least trying to strike a deal. The stability of the GOI is undoubtedly an appurtenant component to any currency reform project the CBI may be working on. So, if true, this is great news for anyone investing in Iraq and something we should all keep an eye on. [post 2 of 2] 

8-9-2012 Newshound Guru Vic1   THE DINAR IS NOT, I REPEAT IT IS NOT AN EXOTIC CURRENCY!!! THE REASON SHABS IS PRINTING NEW CURRENCY IS BECAUSE ALL THE SMALLER DENOMS THAT WILL NOT LEAVE IRAQ WILL BE WORTH ALOT OF MONEY IN IRAQ AS WELL AS IN OUR CURRENCY EXCHANGE HERE! HE IS GOING FROM 4BILLION PIECES OF PAPER TO 1.8 PIECES OF PAPER! ECONOMICS...101! THE LESS SUPPLY THE "HIGHER" THE VALUE!!! 

8-9-2012 Intel Guru Jonnywg   expecting things to happen shortly…all appears to be done but it is not final for unknown reasons ...it is quiet, but strangely quiet...there is no intel to give... all has been completed for 2 months or more and it is greed and interference that is the delay. I can say that we are and have been in a favorable position for a long time. The bank screens are being played with and currently show values at the back currency screens or $4.15 for the IQD.

INTEL4U CHAT, 9 AUGUST


9:17 PM [debneureka] Jeff...I see 1165......IQD

9:17 PM [Jeff] bouv man I am calm have none of you been following the currency exchange sites?

9:17 PM [Remi8] Jeff I just looked and it is showing values. But stay calm --- we don't know what any of this means yet.

9:17 PM [pianamama63] OOM said Okie is on top of everything.

9:18 PM [bouv] Jeff we will know when our intel has info for us.

9:18 PM [dealdoctor] Jeff I have no clue how to read that link on Yahoo Finance to find IQD..

9:18 PM [RdRiver] pianamama63 what does that mean,,,,that he is planning on calling it?
  9:18 PM [dojon] Jeff I am    calm

9:18 PM [Jeff] never mind

9:18 PM [SCgunner] Remi8 I can't pull that site, what is it showing?

9:18 PM [bebba] pianamama63 we can count on him...

9:18 PM [debneureka] What are you seeing that is different?

9:18 PM [trex] pianamama63 Did Okie land ??

9:18 PM [poopypants] pianamama63 you think he is still flying around

9:18 PM [dealdoctor] pianamama63 What did OOM say Okie new other than on top of everything..everything What...

9:18 PM [RVPLEASE] dealdoctor click on add currency and imput usd/iqd

9:18 PM [bouv] Jeff stay calm hun, let it come to you.

9:18 PM [buddydog] Jeff Just getting back to computer... what's up??

9:19 PM [Remi8] SCgunner The same rates as we've been seeing for IQD --

9:19 PM [dojon] dealdoctor Stay calm  

9:19 PM [RVPLEASE] Jeff I've been following netdania and there's no change there - showing 1165 for months now

9:19 PM [mpool900] that cruise is calling my name and I'm hearing the waves are louder... i am pray ing this if finally here

9:19 PM [presley] No activity on netdania with VND now

9:20 PM [DiverDown] Iqd forex is definitely updating alot

9:20 PM [dealdoctor] dojon Calm ..k...WHOA...it is SHOWING...ok...back to calm...

9:20 PM [bebba] mpool900 have you been getting a lot of vacation offer e mails lately...

9:20 PM [Jeff] forget it I am leaving you guys are reading into things that I am not saying I just came on to ask if you noticed this change before on yahoo finance and you are all leaping to conclusions I am calm geez

9:20 PM [DiverDown] Woohoo

9:20 PM [dealdoctor] RVPLEASE thx...did it and IQD shows...on Yahoo Finance...that is SO WAY COOL...big advance...

9:20 PM [mpool900] bebba me too... i am ready

9:20 PM [bouv] Jeff no we haven't seen anything yet

9:21 PM [mkay] Jeff dont go

9:21 PM [Remi8] Jeff The problem is that everyone else is not calm ---  

9:21 PM [poopypants] okie will have his head in the clouds in till he is told to talk land or  

9:21 PM [Jeff] bouv I sent the link twice come on man  

9:21 PM [Breal] Really Jeff just calm down!!! Hahahahah

9:21 PM [Tenizen ] Jeff Thanks for the update, though! It is definitely tied to the TerryK recaps post....Pretty cool, IMO

9:21 PM [dealdoctor] I mean WHY THE HECK WOULD THERE BE A c-h-a-n-g-e in status unless the status was changing....

9:21 PM [debneureka] Hey Jeff...thanks...we appreciate you!

9:21 PM [Tenizen ] Jeff And yes, I confirm it.

9:21 PM [bebba] mpool900 cruise through the Greek Isles.. ahhhhhhh

9:21 PM [RdRiver] dealdoctor exactly

9:21 PM [bouv] Jeff I am sure our intel is on it if there is a change

9:21 PM [Jeff] Tenizen FINALLLY thank you

9:21 PM [DiverDown] Dealdoc agree woohoo

9:21 PM [mpool900] bebba sounds good...:bliss:

9:22 PM [sananddan24] Tenizen confirm what

9:22 PM [mkay] let jeff talk

9:22 PM [sweetiiepie] whats going on updat em please looks postive?

9:22 PM [RVPLEASE] dealdoctor that is just a button that lets you change the currency pair your watching - it doens't indicate the value has changed

9:22 PM [RVPLEASE] dealdoctor nm I see the change column

9:22 PM [Jeff] Tenizen in the past it was all zeros on Yahoo Finance now they have the IQD to USD values that is all I am saying come on guys you are sharper than this I am simply informing you I am not yelling fire

9:22 PM [pianamama63] That's just what they said. Made me feel good. I thought maybe he's got that    moving in the right direction for the runway.

9:22 PM [DiverDown] Iqd updating every 2 minutes

9:23 PM [RdRiver] Jeff no Jeff I am with you brother,,,I think that is huge!!!!!!!

9:23 PM [RVPLEASE] Jeff good to know - haven't been following the yahoo finance site

9:23 PM [Jeff] RdRiver thank you

9:23 PM [sunny] blue skies Thankful sin1987 Back from PTR. No news. In chat they directed me to the forum for Dan's comments but I found nothing other than link for a CC today. If you want to listen here is the link: https://www.freeconferen ··· 7-65-67-

9:23 PM [Jeff] RVPLEASE guys listen I know this stuff if it is on a retail non banking forex think that is all I am saying  

9:23 PM [RVPLEASE] sunny to be fair the comments were made by terryk on GET

9:24 PM [weneedit] Jeff    dude ! how was the ice tea today ? I told you I watch all day  

9:24 PM [chrivers] If you guys haven't read dinarrecaps lately, I would encourage U to do so, and tell me what ya think!!! :) GGOOOOOO        

9:24 PM [chrivers] TerryK's is VERY intersting!!!

9:24 PM [dealdoctor] RVPLEASE what does nm mean?

9:25 PM [DiverDown] Eur/iqd also updating on forex

TERRYK CHAT, 9 AUGUST

xxxxx] TerryK Chat 8/9/12 6:09 PM edt 
[TERRYK] ANYONE SEE THE ACTIVE FOREX
 [Tradewind1] I looked at it but not up on forex 
[Agent 007] [xxxxxx] hey folks... I want to go over something that everyone is missing the significants of...FOREX. Since Tuesday night at around 10:00PM EST, all of the forex charts have been "ticking" the IQD and VND live. It has been updating anywhere from 1 in to 3 mins. Also, it has stayed between 1162 and 1165.50- the true rate of the dinar. Also, you can jind it like that on just about every forex site. You can also pair it with any major currency out there and find the same results...ticking live. NONE of this has EVER happened befor! I think this may have huge significance.. and hope someone with an acutal background in trading will pick up on this! 
[winalot] oh.. almost forgot...
 [xxxxxx] They have also changed the 52 week history to reflect these numbers 
[TERRYK] BINGO I DONT THINK THEY HAVE BEEN IN THERE WITH LIVE RATES LIKE THAT PINGING
 [Agent 007] which only means

Precious] TerryK: anyone see the active forex? Well i got my call and i just gave my word i can’t say anything. I got a gag. But it’s all good. Im  dancing  around u know me so. I’m busting at the seams here wanting to tell u all. All i can say is i’m packing. I will go as far as saying we may have a call tonight maybe.

IRAQI DINAR REVALUATION, 9 AUGUST


Iraqi Dinar Revaluation

How the U.S. Plans to Make Trillions Off the Revaluation of the Iraqi Dinar

By 
Tuesday, August 9th, 2011

U.S. national debt will exceed $14.5 trillion by the end of the summer.
The government has been underwater so long, it has gills...
But despite their desperate condition, the Feds still have a few tricks up their sleeve that will allow them to keep “kicking the can” down the road.
One of the gimmicks they've cooked up to stave the wolves off is becoming more and more evident: Iraqi Dinar Revaluation.
The dinar collapsed after the United States invaded Iraq and toppled Saddam. Prior to U.S. invasion, the Iraqi currency was trading over USD3 to one Iraqi dinar on the strength of the country's massive oil industry.
After the collapse, the dinar was trading significantly lower. At one point, a single dollar purchased one thousand Iraqi dinar.
Speculators began to take positions in 2004 hoping someday, the dinar would recover and the UN economic sanctions would be lifted, allowing the currency to be revalued. Since then, there has been much speculation regarding how and when that would occur.
But here's the really interesting part...
The U.S. Government is the Largest Holder of Iraqi Dinar Outside of Iraq
Does that really come as a surprise?
The U.S. Treasury does not officially list the Iraqi dinar as part of the country's forex reserves.
New Iraqi Dinar
july 2011 new iraqi dinar
see detail of 50 dinar bill
However, the Treasure does say it did an initial currency swap with Iraq to fund their government and Ministries...
Exactly how many dinars were traded is not mentioned, but it does make reference to “billions of U.S. dollars” traded to Iraq.
About two months ago, Iraqi dinars could no longer be purchased; the recent Dodd Frank bill appears to have legislation related to the revaluation of a foreign currency and preventing mass hysteria.
From what I have been able to gather, it sounds like this plan was originally put together by George Bush, Dick Cheney, Alan Greenspan, and others years ago as a way for the U.S. government to be repaid (read: get kickbacks) for their efforts in Iraq.

Experts speculate the U.S. government received nearly 4 trillion Iraqi dinars at an exchange rate of 4,000 dinar to USD1.
If this is even close to true — and the UN allows Iraq to revalue their currency up to USD1: one Iraqi dinar — the U.S. government would stand to profit in trillions... as would anyone else who speculated on the dinar over the years.
Bush’s statement, “This is a war that will pay for itself,” will be true 10 times over.
Check out how the House of Saud got taken for $267 billion of their own crude oil.
Speculating on these matters, however, is essentially useless. There is little to nothing that can be done to change it now.
Rather, our attention should be focused on what we can do to protect ourselves and establish security for the future before the house of cards finally topples.
And I maintain the best place for investors right now is portfolio positions in physical precious metals, quality mining and mineral exploration stocks, and more recently, cash.
I typically don't keep a lot of cash in my trading accounts. But I think it's important to keep a little cash in your portfolios right now, because I believe we will see some exceptional buying opportunities within the junior mining sector in the next six to eight weeks.
Significant Buying Opportunity Coming in Junior Mining Stocks
There is still a very limited market for junior mining stocks among large financial institutions as seasonal traders have left for the summer — and the retail market still hasn't figured it out yet.
The junior mining sector, despite the high metals prices across the board, is getting very little attention from mainstream investors. This will cause even the best companies to weaken as the summer months slumber along.
You can clearly see this in the TSX Venture, which comprises about 50% junior mining companies:
july 2011 tsx venture
From the recent high of over 3,400, we are now below 2,000. I believe we may test the 1,700 level before we begin to solidify toward the end of summer.
But these next six weeks or so will provide us with some great opportunities to look for real value within our market.
The only thing that will buck this downward trend in the coming weeks is individual junior mining companies that announce exceptional news, such as great drill results or a press release of a joint-venture agreement, merger and/or acquisition news.
In general, it looks like the balance of the summer will be tough overall for our junior mining shares.
Junior mining stocks — particularly junior gold stocks — have been underperforming their respective metals.
In the past 18 months, gold prices have increased over 35%, yet gold equities have had difficulty keeping up.
CIBC Analyst Barry Cooper recently wrote, “The net result is that gold companies can now be purchased for about their intrinsic value for the spot price of bullion.”
This lag in junior gold stocks, as well as in the overall junior mining stock market, will carve out a beautiful buying opportunity for investors to take a position at historically low prices compared to bullion.
When all is said and done, I believe 2011 will be another banner year for precious metals and their respective mining and exploration shares.
Good Investing,
Greg McCoach
Analyst, Wealth Daily
Investment Director, Mining Speculator and Insider Alert




BGG POST, 9 AUGUST

8-9-2012 BGG: Article "Baydhaa parliamentary bloc : the national meeting after the return of Talabani will have a productive impact on the political process."  More great news about a National Meeting upon the return of Talibani. While we want to stay balanced – this is awesome news!! I would expect some kind of announcement upon his return and movement towards an actual meeting shortly thereafter.

TRINITYEXCHANGE POST, 9 AUGUST

DINAR BEST RISKY INVESTMENT
8-9-2012 TrinityeXchange: The stand by arrangement has stepped in as big brother over Iraqi monetary transparency. Their second review has some profound information in it and I encourage everyone to peruse it if possible. Big brother has gone nowhere.

The primary intent of the SBA, providing loans, is not the SOLE intent of the money powers. Their loan money is an inroad to ensuring macroeconomic stability of Iraq as well as ensuring a framework is in place whereby Iraq will perform reforms.

{This is the motive operandi of the money powers throughout the world. Loans are taken in exchange for control. Iraq is no different} 
  Then we see clearly the intent of the money powers: to underscore their commitment to maintain sound economic policies while ramping up investment in public services and infrastructure. In other words the SBA will act as winds beneath Iraq's wings to get secure investments.

Folks, choosing to invest in Iraq is one of THE best risky investments I think I could make right now. our investment is backed by the intent of the money powers to see a return on investment from Iraq. 


Please just take the time to read pages 9-13 of the SBA review document. It is profound stuff and it leaves you not having to wonder what they are doing.

After reading it I guarantee you will not have to argue with ANYBODY about the level of attention Iraq has garnered toward investment returns on its reemergence.

Be blessed my friends!

MIG CHAT, 9 AUGUST


mimi3] Papa Bear BOBGETZ6 do you both agree it is going to come out above 1.00

[BOBGETZ6] mimi3 Way above, IMO or heck ya.

[Papa Bear] mimi3 Yes I DO HOW about u BOB?

[mimi3] BOBGETZ6 Papa Bear Thank you!

[Papa Bear] mimi3 It will come out much better than 1.00 and hopefully u are in a group to get a negotiated rate.

[BOBGETZ6] mimi3 The group is the only way to go unless you want the street rate.

cherryberry] BOBGETZ6 BOBGETZ6 GM did you share any good news?

[BOBGETZ6] cherryberry As I see it, maybe within the next 48 hours all the way to 9/1. My mind is set on 9/1 to eliminate stressful situations.

[shasta7] so BOBGETZ6 ... what's the good word for today!!! lol
[BOBGETZ6] shasta7 My guess is from 24-48 hours all the way to 9/1.

[shasta7] BOBGETZ6 ... heard they are still in process of getting some security things wrapped up... (get the bad guys out of the way)

[shasta7] BUT the good news is... most believe we can see it anytime as the timing is right...

[Papa Bear] Lets see how many people expect China to drop their interest rates shortly? Also effect on situation?

[shasta7] Don't go by the markets... as we know what is happening with these... lol

[shasta7] NY must be getting desperate... I am seeing more commercials tell the public to come to NY do live & do business... what are they crazy!!! Lol

[shasta7]  ... the winds of CHANGE are taking place... faster then most expected... lol

[dsatmhk7] BOBGETZ6 shasta7 - IYO - where do you think this will show first, seriously?

[BOBGETZ6] dsatmhk7 The quickest will be our receipt of the code packages which means it is done.

[shasta7] dsatmhk7 ... I think we (people on lists will get e-mail... but within minutes the world will know when it actually happens) ... as Jesus said in the Bible... we won't know the time BUT will know by the signs... :-)

[shasta7] The signs are showing more & more everyday... you could almost feel it in the air... lol The sound of wind you hear is the wind of change... lol

[shasta7] does that answer your question dsatmhk7 hehehe

[BOBGETZ6] Going to take a pre rv power nap.

[shasta7] as the song says... Signs Signs everywhere are Signs... lol

[dsatmhk7] shasta7 - I'll sing that to myself all day - thanks!

[shasta7] Bobgetz6 get some rest... your going to need it (hint* hint*)

[dsatmhk7] shasta7 - you are going to sound SO eloquent on recaps :)

[shasta7] dsatmhk7 oh great... lol

[shasta7] ancient Chi- Knnes secret!!! ... lol

[dsatmhk7] shasta7 - I am ready..........yes..........SO ready

[Papa Bear] shasta7 We hope

[shasta7] remember always better to be prepared... have your plan ready to rock n roll ...

[shasta7] Papa Bear ... saying a few prayers can't hurt either... :-)

[Papa Bear] shasta7 soooo right

ADAM MONTANA & SWFLORIDAGUY POST, 9 AUGUST

8-9-2012  Newshound Guru Adam Montana    I already said I see a good chance for it to happen this year. Regarding the rate, I'll tell you like this.  My opinion that it makes more sense to RV at a dime than a dollar was formed a long time ago NOT on rumors - I formed my opinion based on logic and numbers. That logic stays the same, and the numbers are still there as well. There has been nothing but GOOD news in relationship to the things I used to form my opinion, so if anything - I would have to raise my estimate.  To sum it up - .10 still makes sense to me, I can see it going higher than that, but I still don't see any chance or reason they would come out over $1. 

8-9-2012  Newshound Guru SWFloridaGuy   We are seeing not only from Maliki's camp but also from his opposition that they are maneuvering toward reaching (or already have) a consensus on implementing a reform proposition. Of course until we see this actually happen, history has taught us to remain skeptical but the recent tone of the GOI certainly leads me to believe they are at least trying to strike a deal. The stability of the GOI is undoubtedly an appurtenant component to any currency reform project the CBI may be working on. So, if true, this is great news for anyone investing in Iraq and something we should all keep an eye on. 

JOSEY WALES POST, 9 AUGUST

[Josey Wales] Good morning Dinar family……Here we sit on another Thursday waiting for some real movement toward our goal. IMO, this is one of the largest and most difficult undertakings the world will ever see. Most of us are just looking at the IQD and the VND to Revalue. There is so much more going on here. The global financial system is so bogged down with corruption, it is taking much longer to weed out the bad blood. 

Think of it this way, you start doing some remodeling on your home, when you tear up the carpet, you see that the floor is in bad shape, so you tear it up, only to find more damage to the structure below. This example is what many feel is happening right before our very eyes. The layers of a corrupt system are being peeled away, and it is/was much worse than anyone had expected. 

We should all realize that the process to get the IQD reinstated as a globally recognized currency has been done for some time. What we are waiting for is the cleansing of the system, and timing. The Wizard behind the curtain is pulling the strings and levers, and is in control of the entire process. So, until our time comes, my suggestion is to carry on with our lives as best as we can, get your life in order, spend quality time with your families and friends, and help thy fellow man………JW

Economic Commission: House of Representatives does not have the ability to monitor the performance of the Central Bank, 9 august


Economic Commission: House of Representatives does not have the ability to monitor the performance of the Central Bank

A member of the Committee on Economy and Investment Salman al-Moussawi from the inability of the House of Representatives to monitor the performance of the Central Bank because of his lack of experts in financial management and banking.
“The Central Bank Governor Sinan Shabibi rejected earlier that the central bank is subject to the supervision of the executive branch as an independent body and that the Constitution make the control of the central bank linked to the Council of Representatives. “
said Moussawi, “the lack of an appropriate mechanism with the Council to monitor the performance of the bank, which led to the occurrence of errors appear from time to time, noting that” the control of the Bank need to be experts in financial management, banking and specialized accounting This is not owned by the parliament. “
http://bit.ly/QPKDIJ

CBI denies charges by Jubouri; Says money used for terrorism, 9 august


CBI denies charges by Jubouri; Says money used for terrorism

Central Bank denies accusations of his knowledge Jubouri
He denied that the Central Bank of Iraq to be aware of any member of his face including the Finance Committee in the House of Representatives Haitham Jibouri of the bank charges the existence of influential political figures underline the auction the central bank is working on a lot of money to smuggle out of the country.
The deputy governor of the Central Bank of the appearance of Mohammed to the Agency (UR) “I do not know these charges we do not have an answer to her,” adding that “the auction sale process is monitored by the Office of Financial Supervision.”
He was a member of the Finance Committee Haitham Jubouri revealed during the press conference today in Baghdad that there is information about the breaches in the Iraqi Central Bank by the control of certain companies to auction the central bank and the absence of controls and regulations in the sale of the currency, and also stressed that there are six companies and six figures including influential political figures in the Central Bank of escape from five to ten million dollars a day.
Jubouri and demanded the formation of an investigative committee on the subject that “a large part of the money used to fund terrorism.”
Following revelations Jibouri of information decided to House Speaker Osama al formation of an investigative committee to know the circumstances of the subject, according to Najafi told a news conference held at Parliament House this afternoon.
http://bit.ly/NfzQUQ

CBI: the law of capitalism lead to increased banking stocks, 9 august


CBI: the law of capitalism lead to increased banking stocks

On: Wednesday 8/8/2012 6:24
said the deputy governor of the Central Bank of the appearance of Mohammed Saleh said that the application of the law of capital in the banking sector leads to an increase of shares traded in this sector.
Saleh said the “long-Presse:” The capitalist step contributes to the increase in profit and the development of the Iraqi economy, “noting that “banking stocks outperformed shares of agricultural and industrial stocks, and that this movement is the movement of a purely capitalist.”
The central bank demand up capital of the banks that paid to put up new shares in the market after a period of declining demand for shares and increase the supply behind the decline in prices in turn led to the stagnation of the market. Denied the benefit of investors may be exposed to the effects of a recession because of this law, saying that “the increase in the shares of banks provide protection for the same vibrations and capitalism.”
http://bit.ly/OWV0Fc

Finance Committee suggest deleting the zeros and direct currency exchange in July of next year, 9 august


Finance Committee suggest deleting the zeros and direct currency exchange in July of next year

Author: MK Editor: AA | SS Thursday, 09 August 2012 10:56 GMT
suggested the Finance Committee of parliament on Thursday, that is the direct deletion of zeros and currency exchange during the month of July of next year, as shown, the central bank has removed all fears, it confirmed that the government will support this project after providing Baijayate and cons.
A member of the Committee Haitham al-Jubouri in an interview for “Alsumaria News”, “The Finance Committee supports the project to delete the zeros and currency exchange, and must be government involvement in this project as responsible for drawing up the financial policy of the country,” likely to “be direct this project during the month of July of next year 2013 . “
The Jubouri that “the central bank removed all fears of a changing of the currency, after warnings from the conduct of money laundering or increase the size of inflation,” noting that “the form of committees competent to control it.” The Jubouri that “the Iraqi government did not object to out of the project, but objected to the lack of knowledge of this, “pointing out” that it will support the project after providing the positive aspects and negative aspects of the project. “
The Finance Committee of the House of Representatives have shown, in the July 13, 2012, support for the replacement of the existing currency, while a condition ready the central bank to move , confirmed that the bank needs another year to begin the process of replacement.
As announced, in (July 11, 2012), a willingness to clarify the reasons for hesitation Council of Ministers on currency exchange, although the central bank confirmed its ability to that of the occurrence of fraud affecting the national economy . and announced by the Finance Committee’s parliamentary Najiba Najib in (the third of July, 2012), that the budget next year, 2013, will be the new currency after deleting three zeros from the current currency, arguing that the reluctance of traders and companies from trading in Iraqi currency behind the adoption of the Central Bank of the project to delete the zeros.
hosted by the Finance Committee of parliament in the (26 June), Deputy Governor of the Central Bank of the appearance of Mohammed Saleh to discuss the mechanism that will be followed by the bank in the process of deleting the zeros and how long this process and changes that will occur on the exchange of currency. was Jubouri revealed on 15 May 2012, that the month of January of next year, 2013, will delete the three zeroes and the replacement of the currency, as will next September 2012 the direct printing of new currency in different categories. accused the central bank, in (12 September 2011), government bodies obstructing the monetary reform and vowed persecuting, blaming the authorities responsible for exposing interests of the country’s financial risk.
what was seen as an adviser to Prime Minister for Economic Affairs Abdul Hussein Al-Anbuge, in (25 August 2011), to raise zeros from the currency is the biggest corruption in Iraq if it was during this period, and fall under the name of tampering with the economic, warning of ” mafias currency “is preparing to rig the trillions of Iraqi dinars to replace them in the light of the planned changes. It is noteworthy that some economists believe that Iraq is ready for the time being to delete the zeros of the Iraqi dinar, pointing out that the deletion needs to stabilize the security and political and economic stability.
http://bit.ly/TjPsaB

Iraq Stops Billions Of US Dollars From Flowing Out Of Country In Wait Of New 2013 Banknotes, 9 august

Iraq Stops Billions Of US Dollars From Flowing Out Of Country In Wait Of New 2013 Banknotes

When people heard about the country’s plan to add landmarks and three languages to the new banknotes, their confidence over the (would be) new notes came to rise. However, will this confidence over the country’s currency maintain at a pleasant level if theCentral Bank of Iraq will hold some of its US dollar reserves that might affect the current Iraqi dinar trade? How will this affect the current and future trading of their dinar?

Just last August 7, 2012, Iraq placed new restrictions to Iraqi traders of foreign goods from trading of US dollars from the country. It can be noted by the Central Bank Governor, Mudher Saleh, himself, when he said, “That the bank no longer favors cash payments or direct transfers of money to cover deals Iraqi traders strike for the import of foreign goods. The bank is setting new payment terms under which traders are required to do business through guarantees or letters of credit. Iraqi purchase in terms of dollars were mushrooming, the volume of goods entering Iraq was decreasing.”

Was the murky deals (if there’s any) and smuggling of foreign cash that bad that even made the CBI go serious amidst its meticulous preparation for the new Iraqi dinar? We’ll, take it from Mudher Saleh’s words, “Each month more than $4 billion leave the country supposedly in return for the purchase of foreign goods. The situation requires more control and audit of operations involving money transfer. We believe it is better for the country to rely on opening of letters of credit to guarantee. No hard cash leaves Iraq for purposes other than trade.”
In other words, Iraqi dinar traders will then be required to use letters of credit. In this way, Iraqi banks will be able to determine whether the money has legally transacted to pay for goods or not. But, will this restrict the freedom of some traders to participate in the Iraqi free market? At some point we can say in this way but, in terms of security and authenticity, having legal documents such as letters of credit will greatly secure any future transactions. Besides, who would not want to have a secure payment of goods?

In line with this concern, last August 6, 2012, Iraqi banks have agreed to release bank credit cards to avoid employers from carrying huge amount of cash and to effectively facilitate banking transactions. In this way, (at least) fake cash could be minimized in circulation across the Iraqi market. It was Mohsen Ali, an Iraqi banking expert, who stressed out the idea in Baghdad AgencyNews. He said, “The importance of using credit cards to citizens in banking transactions for ease of disposition of funds, calling for universal work in all government and private banks.”

Ali added, “The financial system in Iraq is about to start a financial electronic art called ‘divided the national will.’ This will help to promote credit cards and expands the spread, indicating that the card services credit will make the dealers in the local market, obviating the use of the money supply because it has become a phenomenon tiring and expensive.”
Moreover, the Trade Bank of Iraq just announced the launching of credit cards for people who are dealing with them to eliminate cash in the local Iraqi markets. It seems that for the meantime, the country found an alternative to minimize the flow of elicit cash. However, will this give a positive impact on the current trading situation of the country? For the record, the Central Bank of Iraq has never been so responsive and vocal as it is right now since October 2003 when Saddam’s banknotes were replaced.  http://bit.ly/P7sc0m