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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, August 11, 2012

BWM CHAT UPDATE, 11 AUGUST


BWM: so here we are on another weekend... like that never happened before...

BWM: you know I read something today that said someone spent time on a call with 15 intel providers laughing it up... two problems with that... A) I couldn't recognize 15 ppl as true intel folks and  if you spend time on the phone with 15 "intel" ppl it's pretty obvious you don't have any contacts... oh wait, never mind we knew all that already...

BWM: here's another truly interesting point about who is really who at the moment... something serious to consider... everyone has their own "style" of posting and it's pretty obvious to most when someone "isn't" posting... but have you noticed that there are a couple of "providers", and I use that term VERY loosely, who in particular CANNOT spell... and amazingly enough their LIVE chats seem to be most graciously handled grammatically and technically very well... makes me wonder if they are really WHO they say they are...

BWM: I had a point brought to my attention today that I did not realize fully the extent that there had been some "upsetting" news about so let me clarify... it was mentioned today to me that jonny "owned" 3sintel... that is untrue... 
the truth of the matter is this... jonny originally purchased the .com and .net suffixes for 3Sintel... when donations were received for the site, he was reimbursed for the cost of the names.

When he and the others decided to leave he decided not to turn over the names to us here. With our commitment to the members we merely picked up the .info and kept plugging along. I'm sorry for any confusion but I did want everyone to understand where we stood... we have asked jonny to turn over those suffixes to us but he refused.

Again, I only share this to alleviate any confusion as to why we are at .info now. Thanks again for you spending time here and please understand that we are here to help you hold on with what information we can provide and prepare for the opportunities that will be elevated to you.

dietcokeandice: BWM you stated the other nite that you were thinking of some other types of investments post RV---are you going to do a classroom on this or any other thoughts

BWM: dietcokeandice sure if you'd like to get into that... I have some time..

BWM: I think once this happens... and some things come out... you'll see some of the true colors of some of the individuals that have passed along information during the years... and like our government morals I think some of you will be sorely disappointed...

BWM: so in regards to other types of investments... again the biggest thing I am looking for is the length of time that I will be considering involvement

BWM: so what are some of your thoughts on additional investments you are considering post RV

BWM: eagles4 considerations on farmland... DON'T give up the mineral rights...

eagles4: BWM have some and will get m ore And amen on mineral rights. Need ot have the right attorney

dietcokeandice: BWM one nite you came on AT CLOSING and stated that you had some ideas on different options

BWM: dietcokeandice renewable land will be something I look into.... we do trees down here... pines but lumber has been so poor but I see a rebound coming and I can wait

wisewarrior: Love says don't give up your water rights either

dietcokeandice: how do you go about these ideas

TexasT: BWM it is just hard for me to see post rv at this point!

BWM: TexasT you have to plan... multiple levels will allow you not to fall into things that you can't

afford post rv...

BWM: TexasT my youngest daughter and I have a ritual on saturdays that we go through the dinar packet and update paperwork (residency and such) and she likes to count the dinar... she came to me today (again) and said, "dad, it's saturday" and I replied,"yes dear, but like I said last week, if we count the dinar much more it's gonna count as circulated when they verify it"

eagles4: BWM we rent a florida condo in the winter that sold for $795000 5 years ago and now the price is $295000 and I am watching that closely

BWM: eagles4 real estate to me (unless you have a lot) AND a management company just doesn't add up for me... I tried to do the math here (again, this is not a resort area) but I could see IF the area was not a threat for hurricanes and such

eagles4: BWM Farmland for me is a true and safe investment. About at 9% return. The florida property is a safe haven for some money and a vacation place for us.

BWM: eagles4 it's ok to have a loss... some ppl don't understand that... you need some write offs to balance the books...

eagles4: BWM yes you do and I have

BWM: eagles4 I have businesses planned that I don't need to make money (they will pay me a salary and my family as employees AND more importantly insurance) I just want them to break even

shasta7: BWM... Here is what I like ... Silver, Platinum, Gold, Real Estate & other Foreign Currencies... as for Silver I suggest Foreign silver first then Junk silver next (coins before 1965) Platinum & Gold ... I suggest Foreign Coins as first choice... (stay away from BIG Bars on ALL the metals)

dietcokeandice: shasta7 why are you thinking about metals

shasta7: dietcokeandice ... because I believe in them & think they are under priced...

txgirl: BWM what type of businesses

BWM: txgirl I'm looking to improve my town... and provide more entertaining things for teens to keep them from driving to other counties (we are a dry county) getting alcohol and wrecking on the way home... it's become a serious problem for the 16-21 crowd here

dietcokeandice: shasta7 is that market alot like currencies

shasta7: dietcokeandice ... one day in the NOT to distant future... people will look back on the prices of today & wish they had that price in the future...

shasta7: I think we all should try to help keep some of our blessing (money) in our local areas... that is what the problem is that got us into this mess allowing our Gov't & politicians send money & jobs our of the country!! (example how obama allowed the military plane contract to go to Brazil)

shasta7: I strongly believe that we need to first take care of ourselves & families, then relatives & friends, then our local markets... which will help keep money & help our communities.... Imho

dietcokeandice: shasta7 all that is true but----we need to remember that Social Security is NOT going to be there for us soooo i am looking for something that will continue to provide income with min from me so that i can spend as much time with my grandkids as possible

BWM: dietcokeandice been mostly quiet today... which is not unusual for a saturday... but I've been busy today with a number of other things not dinar related so I'm just cooling down from the day I guess... not down at all

BWM: I don't know what some of your plans are but I know that I have an "amount" of USD that I want in the bank before I even start looking at other opportunities and investments... my thought process is while I would like to diversify and invest further, I WILL make sure that we have what we need to go forward regardless...

Rider007: BWM IMHO if we have VND or IQD, we have the world by the tail. I think of those who have none and have no clue of what is about to happen. We are all too blessed to be stressed

BWM: Rider007 holding physical currency is the key... do you have enough at YOUR calculated rate to survive and/or do the things you want... counting on reserves to rescue you is a dangerous game and I know some are playing that game as their main piece of the puzzle... not a good idea

BWM: my easiest calculation is this... take the amount of dinar you have, multiply by a low, medium and high rate... divided those numbers by what you feel you need a month, then divide that number by 12... that will give you an estimate of how many years you could make it on that monthly budget amount without interest or tax implications

BWM: determine from those numbers what investment potential you have based on what the rate will come out at (when it does) and you can plan and pursue what options you believe you will have based on the amount of money you need monthly

SherryAcorn: BWM , I hear alot of chatter about putting my USD into other currencies, due to the possiblility of the Fed.R and dollar going under, any thoughts?

BWM: SherryAcorn my thought is twofold... first international banking (multi currency accounts within the US are somewhat limited at the moment but hopefully will change and allow a look there) where I can move money between international branches and change currency easily. Second, I will hold physical currency for certain amounts in a number of currencies in what I believe is the unlikely event of a collapse... this does two things for me also, it allows me to hold physical currency for investment and allows me to make deposits into accounts under specific guidelines as international currency

SherryAcorn: BWM , Ok thank you, now what other international currency do you think is safe ? I would also like to hold some physically

BWM: SherryAcorn that is a very opinionated question... personally, I would hold chinese, gbp, canadian (altho I really am interested in what affect a crashing USD would have on the canadian economy) and possibly german and swiss (if they get out of the euro)

Experts denounce parliamentary accusations of the Central Bank about the smuggling of currency, 11 AUGUST

Experts denounce parliamentary accusations of the Central Bank about th

smuggling of currency

On: Saturday 11/08/2012 8:54


Baghdad / Ahmed Abed Rabbo 
Financial experts denounced the bankers and the charges by some members of the House of


 Representatives to the Central Bank currency smuggling, revealing it without proof of legal 

status. He accused a member of the Finance Committee in the House of Representatives 

Jubouri Haitham influential political figures in the Central Bank to "smuggle ten million dollars a day."


He said economic expert Majid picture the statements made by some officials at the central 


bank to reap the bank, noting that the issue of smuggling routes without legal proof is not 

true. 
He said the picture for (range): The smuggling of currency unforeseen No central bank can 


only control it must be a joint cooperation with government agencies such as the Ministry of

 Finance, Interior, and others, calling for the need to highlight the legal evidence that diagnosed offenders, pointing out that the bank is an institution of economic sensitive, which

 represents the sovereignty of Iraq. 

For his part, Vice Governor of the Central Bank of the appearance of Mohammed Saleh

 (range): Some members of the House of Representatives told us the existence of evidence

 confirm the involvement of some officials of the Central Bank of the process of leaking the 

currency, as well as the financing of terrorism, pointing out that they did not Atalona the files

 to prove it. 

He suggested forming a committee for taking it upon themselves to finance private sector 

trade through the federal budget by government banks, noting that the bank was able to 

trade finance for the private sector through the auction, conducted by the day. 


Furthermore, according to the financial and banking expert, Farouk Ramadan (range) that 


the central bank seeks to maintain the stability of the currency through actions carried out

 by the solid. 

Ramadan and said: The absence of leaves, the importation of goods led to a huge demand for


 hard currency to cover the cost of import, pointing out that disabling the industrial sector 

and agriculture is also contributed to the exit of money from the inside. 


Meanwhile, the Member of the economy and invest in the House of Representatives that the


 rate of smuggling hard currency abroad began less thanks to the actions taken by the 

Central Bank, based on the difficulty of controlling the phenomenon of money laundering in

 the country because they take place in different ways. 

Fayez said in a press statement that the parliamentary economic committee met with the


 Central Bank and reviewed the figures for the proportion of the smuggling of foreign 

currency abroad was observed to exist but in small proportion and is a natural place in all 

countries of the world and do not affect the national economy. 


He continued to indicate that the ratio began less than in the previous period, thanks to the


 actions and plans taken by the central bank to reduce these operations, talk about the 

smuggling of currency by some exaggerated a lot. 


He added that the phenomenon of money laundering can not be easily controlled because it 

processes take place in several ways and by experienced outlaws aiming to destroy the 

national economy and take advantage of some of the local currency and the political aspects 

are often directed by the neighboring countries. 


He called for a rapid approval of the law against money laundering to reduce these 

operations in the country because it can be for any country to spend the money laundering phenomenon completely. 



He accused a member of the Finance Committee in the House of Representatives Haitham 

Jubouri political figures influential in the central bank to "smuggle ten million dollars a day to 

finance terrorism," warning of the collapse of the country's economy if the bank continued to 

sell $ 55 million annually, while the likely dismissal of central bank governor Sinan Shabibi in 

If proven guilty. 



Haitham Al-Jubouri in a press statement that "there is information about breaches of the 

Central Bank of Iraq through the control of certain companies to auction the central bank 

and the absence of regulations and instructions to sell the currency," asserting that "there 

are six companies and six figures including political figures influential in the Central Bank of 

escape from five to ten million dollars a day. " 



The Jubouri that "a large part of the money used to finance terrorism," and urged "the 

formation of an investigative committee in the House of Representatives consists of 

committees of financial, economic, and integrity to ensure that capital funds of depositors and 

investment companies and activation of the Money Laundering Act No. 92." 



The Jubouri that "about 220 billion smuggled out of Iraq since 2003," calling to "make sure 

of import licenses and the health issue and activate the role of BSA in the case of buy the 

currency and entering in the auction." 



He Jubouri that "the central bank sells $ 55 million annually," warned of "the collapse of the 

economy in the country within a year or two, if the situation continues like this." 



He guessed Jubouri that "may be questioned or to relieve the Central Bank Governor Sinan 

Shabibi in the event proved his involvement in the subject and its association with these mafias." 


The central bank held daily sessions for buying and selling foreign currencies with Iraqi 

banks, except for public holidays on which depends the World Bank for these auctions, and 

sales are either cash, or in the form of money orders sold out for a commission of certain. 


Has previously accused the committee of economy and investment parliamentary tongue 

deputy Aziz Sharif Mayahi, on 14 May 2012, the House of Representatives of neglecting its 

oversight role at the "failures" the central bank, while regarded it as destructive to the 

economy of the country, he stressed that it made the government an embarrassing dealing 

with foreign companies, especially that the budget approved in dinars. 


It is noteworthy that Iraq has seven banks owned by the state and 23 private banks, eight 

Islamic banks in particular, according to the site's central bank, while dominated by the banking sector, banks, Rafidain and Rasheed Aovernmaan, and are under way to restructure in order to pay off the debts that have accumulated after years of war and sanctions.

Chihod calling on the government to the need for administrative reforms within the Central Bank before the deletion of zeros from the currency, 11 AUGUST

Chihod calling on the government to the need for administrative reforms

 within the Central Bank before the deletion of zeros from the currency

Saturday 11 August 2012

BAGHDAD - and babysit - called a member of a coalition of state law Mohammed Saadoun 


Chihod the central government to the need for administrative reforms within the Central 

Bank before the deletion of zeros from the currency.

Chihod said in a press statement that: "If there is a real attempt to delete the zeros of the 


Iraqi currency, it must be preceded by the process of reforms within the central bank itself 

by changing the personalities responsible and corrupt it."

He added: "The decision of the Iraqi Central Bank by deleting the zeros of the Iraqi currency


 with the present is" the straw that breaks the Iraqi economy. "

He Chihod: "The Iraqi economy is witnessing a marked deterioration of the high price of the 


dollar as well as bleeding and money laundering because of mismanagement of the Central 

Bank of Iraq and its inability to promote the economy of Iraq and therefore that the deletion

 of zeros from the currency at this time poses a threat to the economy and the Iraq policy of Finance."

RANDALLN & WHATSTHIS POSTS, 11 AUGUST


8-11-2012 Randalln: The basket is a real thing. It’s what the IMF gauges the world trade of SDR’s from. Please do some research. It’s how the currency world gets the rate of trade for all transactions.
This aint some make-believe thing tied to a RV thats going to save the planet (we call that the Iraqi dinar) and yes I believe in the dinar.
It’s a real thing that is based on the 6 top currencies of the world. Please look in to it and gold is not involved, oil either.
8-11-2012 Whatsthis: First off, baskets of currency are controlled by the World Bank & IMF together. As for which currency will go when, I believe it is up to the country as to how much they will raise or lower their currency.
Take China as an example they are under valued & have are being pushed to raise it but they will set it at what they feel is the right amount to keep inflation down.
Now as for a reset button that is guru talk. But keep in mind when 2 or 3 currencies gain in value & are used as reserve currency it can have an effect on others. How much it can effect it I have no clue.

DINAR GURUS UPDATE, 11 AUGUST

8-11-2012  Intel Guru BWM    [Did you guys see there might be forex action of some kind?]  I hate to bust that bubble but...they have been babbling about the 10k% rise for over a year...most of those numbers they are looking at are not official.  I spoke to someone at forex and the spikes are irrelevant pulses inherent in the software...not to say it won't show up there but too much has been read into it before for me to get excited about it.

8-11-2012  Intel Guru Jonnywg    this weekend is shaping up to be a great one.  i ...will be in both reno and houston getting intel...at this point i do not know what i can release but fasten your seatbelts as yet another promising period approaches.  RENO HOUSTON ATLANTA SAN FRAN ARE UST STRONGHOLDS...RENO HAS NO ADVANTAGE.   IF I GET MORE INFO I WILL COME BACK LATER.

8-11-2012  Newshound/Intel Guru BGG    ARTICLE:  "Iraq now second-largest oil producer"  This is literally breath-taking. They will continue increasing oil output and cannot keep using an artificially low currency valuation – the world markets won’t allow this (long term). They have a little “grace period” because they are still a country coming out of a “war period” but that is wearing pretty thin right now. Everyone wants them to get on with it.

8-11-2012  Intel Guru Hammerman  talked to Switzerland forex early this am, they are prepping system for more tests and...the live rate...they are trying to keep the public off guard.   they are telling me they expect about about 57 countries to go up in value before oct.  they also confirmed to me that  they are being told all work is done from all sides.   this is great news.  [post 2 of3...stay tuned!]

8-11-2012  Newshound Guru SWFloridaGuy  I think up to this point the National Meeting adjournment has been due to Maliki fighting for control over the finalized details of the compromise they are trying to reach. In the press we have seen many articles about withdrawing the confidence from Maliki but reform seems to be what the real goal is and the only way to accomplsh that is to continue moving forward with the questioning and force his hand.  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. I think the next step is an announcement of the National Meeting, which is a great sign for us.

8-11-2012  Intel Guru BOBGETZ6    I do know everything is actually ready. It may now just be a matter of financial timing.

8-11-2012  Intel Guru BWM   paperwork out today stating changing of currencies by first of week...don't get wound up like some calling for the immediate RV (not saying it couldn't happen just be patient) because this paperwork has happened before... in fact we should have been done wednesday according to the LAST paperwork that was released.

8-11-2012  Intel Guru Hammerman    Iraq seems to be on super high alert, cant get the details just yet but some big meeting taking place in Kuwait with Maliki and Shabibi and 5 other countries including China and USA.  there again seems to be alot of movement in the banks and screens going crazzy, private wealth mangers calling people, hedge fund guys acquiring more dinar and dong, so great banking stuff going on. the  folks in Reno and Vegas are all pumped up and very happy...they all expect to be at the banks daily and really hyped up about it.   i can find nothing bad anywhere...i build from a big puzzle from all intel...think we will not see anything before the 20th,  just an opinion. [post 1 of 3...stay tuned!]

8-11-2012  Newshound Guru SWFloridaGuy    I’ll believe they have reached a consensus on implementing a reform proposition when I see it. 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 best sign for us would be a public announcement of a solid National Meeting date where the Iraqi List agrees to attend. Fingers crossed.

8-11-2012  Newshound/Intel Guru BGG   They have a political agreement in place to get the Federal Courts and Supreme Judiciary Laws done – as well as a couple of others. Not only does it demonstrate them actually agreeing and getting things done – this will add some legitimacy to their government. This is  something I have been talking about for a while...This is very, very good news for everyone.

JONNY CHAT, 11 AUGUST


[.jonnywg] this weekend is shaping up to be a great one.................... i have a week between committments at my son's wedding and will be in both reno and houston getting intel..... at this point i do not know what i can release but fasten your seatbelts as yet another promising period approaches. i will then head back to CANADA for a bit

[sailman] .jonnywg Your not on that illusive JET are you ??
[.jonnywg] riding an F-16 CURRENTLY LOL

[sandytob] .jonnywg thought you had to protect your whereabouts due to personal security...should not be announcing where you are going?

 [sunsfan] .jonnywg ...promising period ...as in maybe the next few days
  [.jonnywg] WILL KNOW MORE OVER A FEW DAYS
  [mstxstar] .jonnywg could you explain why Reno is such a focal point in this? I guess I missed something along the way sorry. So glad that you are on the mend you are in our prayers.

[.jonnywg] mstxstar RENO HOUSTON ATLANTA SAN FRAN ARE UST STRONGHOLDS ............. RENO HAS NO ADVANTAGE

[.jonnywg] WE ASSUME MOST PEOPLE ARE PREPARED FOR THE EVENT...........I JUST ASK THAT YOU THINK LONG AND HARD BEFORE SPENDING THE PRINCIPLE OF THE WINDFALL....... BUY HARD ASSETS AS IN LAND , GOLD , SILVER ETCETERA

[sandytob] .jonnywg are you still advising a waiting period of 90 days before investing in anything? especially gold and silver?

[.jonnywg] sandytob THERE ARE 2 SCHOOLS OF THOUGHT........ THE SAFEST IS TO DIVERSIFY....... NOT SPENDING ANY MONEY FOR 80 DAYS IS AN INVESTMENT IN USD .........SO THE THOUGHT IS TO SPLIT IT UP HARD ASSETS AND CASH.......... BUT STILL NO INVESTMENTS IN STOCKS UNTIL A PROFESSIONAL ADVISES THE MARKET IS READY

[sailman] .jonnywg would you suggest investing in organic farms and other farming commodities by investing in the farmers and farm land itself

[andisgram1] .jonnywg Is there anything we can look for that will signify the CE ia about to happen?

 [sunsfan] .jonnywg ...please explain "event" if you can...

 [.jonnywg] sunsfan EVENT = RV , WGS, PP

[sandytob] .jonnywg thanks...and foreign currencies?

[.jonnywg] sandytob sandytob COULD BE A PART OF YOUR CASH PORTFOLIO

[massman1] .jonnywg what do you think about buying gems...diamonds, stuff like that??

[.jonnywg] massman1 IF THESE ITEMS CAN BE PURCHASED AT WHOLESALE ................... THEN MAY A SMALL PART

[sunsfan] .jonnywg ...my source says the stock market will be no more...sometime after the event...it is just a controlled ponzi scheme anyway

[.jonnywg] sunsfan IT COULD BE DIFFERENT

 [paiaboy] .jonnywg I have always worked in the multi housing industry, so wouldn't buying apartment communities large and small make a great investment?

 [letitbe] .jonnywg so you suggest/recommend that if we have money in the stock market now, do we withdraw and place in an NIB account for now?

[DrRod] .jonnywg We've heard for many months that everything is "done." We've also heard that the Banks have whatever they need and more yada, yada, yada. Now we hear the latest intel/guru buzz word is: "TIMING." Could you explain by what is meant by "TIMING."

[.jonnywg] DrRod THINK OF A SPREAD SHEET 185 COLLUMS WIDE (COUNTRIES) AND 500 ROWS DEEP FOR VARIABLES.............. AS THE PRICE OF OIL GAS GOLD SILVER AND THE USD CHANGES HOURLY THE FINAL PRICE IS ADJUSTED .......... THEN THE X FACTOR OF THE IQD PRICE ALTERS THE BALANCE SHEETS OF ALL AND THE FACT THAT 40 OR SO COUNTRIES HAVE AGREED TO A RV/RD + OR MINUS 2%....... TIMING IS COMPLICATED AND INVOLVED

AS THE PRICE OF OIL GAS GOLD SILVER AND THE USD CHANGES HOURLY THE FINAL PRICE IS ADJUSTED .......... THEN THE X FACTOR OF THE IQD PRICE ALTERS THE BALANCE SHEETS OF ALL AND THE FACT THAT 40 OR SO COUNTRIES HAVE AGREED TO A RV/RD + OR MINUS 2%.................. TIMING IS COMPLICATED AND INVOLVED

 [massman1] .jonnywg do you think the "timing" will ever be right??

[.jonnywg] massman1 VERY VERY CLOSE NOW

[massman1] .jonnywg GREAT!!!!

[letitbe] .jonnywg so you suggest/recommend that if we have money in the stock market now, do we withdraw and place in an NIB account for now?

[.jonnywg] Eleanor HOW IS FLA

 [Eleanor] .jonnywg hot and rainy, and codeless at this moment

[DrRod] .jonnywg Many thanks for your explanation... I do respect your thoughts and experience, however, if we truly believe that all of this will be based on "agreements and alignments," then I predict the RV as we currently see it, will never happen. Just like bringing peace to the ME. It'll never happen.

 [.jonnywg] IF I GET MORE INFO I WILL COME BACK LATER

[sandytob] .jonnywg your advice today sounds very different from what you told us a number of months back......you said don't hold onto our money....get it into the economy as quickly as possible by starting businesses and hiring people. I take it things have changed?

 [Montreal] .jonnywg - Sooooo good to see you....thanks for all you do for us...

Dinarblessed] .jonnywg Thank you for coming in today.... It was great to see you!!!

MICHINGANDER CHAT, 11 AUGUST


Michigander0131 Articles and Chat 10:08 AM edt

[michigander0131] Dated: 8/11/2012 12:28:55 Saturday Baghdad (news) .. central bank adviser said the appearance of Mohammed Saleh, the central bank ready to be accountable to the House of Representatives and ready for the disclosure of all information held by the Finance Committee and to assist them to find the information you need.

Saleh said (of the Agency news) on Saturday: The Central Bank is not a corridor for criminals and smuggling of money as claimed by some members of the Finance Committee, a prestigious institution with a prestigious history, indicating that the central bank is ready accountable to the House of Representatives. 
  He pointed out: that the bank would cooperate with the Finance Committee to detect people who want to tarnish the reputation of the bank through the work of smuggling, if any, praising, the work of the financial and control of the central bank for the detection of terrorists and smugglers of public money. 

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[michigander0131] here is cbi,s response to mallikis cronies throwing all of the accusations out about how the cbi is responsible for the economy and smuggling of money and funding terrorists  i tell ya malliki does not want iraq to prosper they have got to rein this gut in

[michigander0131] shabibi is telling them if you have dirt on me bring it on/and i will show you that all i want to do is help the citizens and economy of iraq

[Agent 007] Shabibi is honorable

[michigander0131] 11/08/2012 Called economic expert Majid picture, who accuse the Iraqi Central Bank corruption to "prove it through legal channels," saying "The process of politicization of the bank would harm the economy of Iraq."

 He stressed that "the central bank has achieved a breakthrough for the advancement of the dinar, which is desirable because of purchasing power in the financial cover of the dollar." 

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[michigander0131] Agent 007 yes he is and he really does want whats good for the citizens //unlike the other guy

[Agent 007] so true

[michigander0131] IMO I believe that malliki is waging all this stuff on shabbibi because he knows what is about to happen with shabbibi and his plan/and malliki knows that there is no way he can stop him because cbi is independent from goi and so the only way is to start a smeer campain against him and cbi

[michigander0131] we must be getting close/is all i can say for malliki to be so affraid of what will happen after RV

[Agent 007] thanks to the US - Maliki has learned well

[Dee1031] It will be interesting to see if this happens before the conference Sept 18 and 19th

[michigander0131] Dee1031 yes it will be im sure hoping so

[Dee1031] michigander0131 Steve Ennorste seems to think so too

 [michigander0131] Dee1031well i hope hes right

[Dee1031] michigander0131 me too I believe Delta said the same thing

[michigander0131] well i hope they all are right/fact is no one knows for sure/and it will be a total surprise when it does come out

HAMMERMAN, PHOENIX, TRINITY, YOTA & SWFLORIDAGUY POSTS, 11 AUGUST

8-11-2012  Intel Guru Hammerman    Iraq seems to be on super high alert, cant get the details just yet but some big meeting taking place in Kuwait with Maliki and Shabibi and 5 other countries including China and USA.  there again seems to be alot of movement in the banks and screens going crazzy, private wealth mangers calling people, hedge fund guys acquiring more dinar and dong, so great banking stuff going on. the  folks in Reno and Vegas are all pumped up and very happy...they all expect to be at the banks daily and really hyped up about it.   i can find nothing bad anywhere...i build from a big puzzle from all intel...think we will not see anything before the 20th,  just an opinion. 

8-11-2012 Phoenix3333: Mutlaq - the adoption of issues soon balance. "Mutlaq stressed the need for radical political reforms. There is absolutely necessary because of the conditions of the area because there are political reforms that radical, calling on all political leaders to take the initiative to adopt the reforms because they address the failures in the political process. The difference between me and Prime Minister Maliki, the current is over the issues that we disagree upon. We are different on the issues of balance and detainees and innocent, accountability, justice and the general amnesty and the Federal Court and the Electoral Commission to be adopted in a period very close."

8-11-2012 TrinityeXchange: Maliki will stop at nothing to destroy any potential this country has at democracy and international prominence if not under his complete control. His lap dog Jubouri has been sent forth to instigate this baseless attack on the CBI. The Parliament was cunning enough to step in, "honoring" these claims, and putting together its own special task force which will remain under its control (not Maliki's) and ensure that this mess does NOT destroy the progress Iraq has been making economically as well as their growing international reputation (which is VERY difficult to put a price tag on - rep in the commercial world is everything). Very wise move by Najafi to form a pseudo "lynch mob" that will do no lynching but put together only to appease Maliki's warrantless attempts of control. The entrance of Dr. Rahman Mashhadani was icing on the cake as he used his prominent and well deserved/respected position to back the CBI against Maliki. He even threw in the point that it was actions from the Executive branch (he didn't say it but implied it) that forced the CBI to relinquish its management of auctions over to other entities and that it is partly the Executive branch's responsibility to monitor these entities. So if there is laundering taking place, the Executive branch is partly to blame. Other words, "CHECK YOURSELF, MALIKI, BEFORE YOU WRECK YO'SELF!" Another failed attempt by Maliki.

8-11-2012 Yota691: The CBI calls for the formation of a body to finance private sector imports. "On Saturday the CBI called to form the body of the Ministry of Commerce and the task of financing and supervision of private sector imports of goods and goods entering the country, stressing its scrutiny in the money entering the auction currency and legality. Saleh said the Iraqi market could not enter a foreign currency into the country like other countries to the disappearance of production and the role of the private sector, and state sensitive because any hard currency out of the country believes it is brought so be attrition within the economic system. The alternative to this economic system is to return to previous policies through the organization of foreign trade by granting licenses for each converter or dealer and monitor the composition of the task of imports. And proposed funding for the creation of an import of the private sector under the Ministry of Commerce granted leave and the foreign currency and in turn monitors and supervises the entry of goods into the country."

8-11-2012 SWFloridaGuy: Major political reform is the direction the GOI is headed (ever so slowly). Talabani is calling for leaders to unify their positions and according to reports they have reached an agreement on 80% of the reform paper which is a great sign and potentially may lead to the end of the political crisis. Each side will claim victory I'm sure, but what is important is reconciliation. The adoption of the applicable reforms may be the political stability the CBI is looking for. Does political stability mean Iraq must revalue their currency?  Of course not.  However, if you truly believe economic reforms are also on the horizon for Iraq (as I do), then it's only logical to assume that political stability is necessary to ensure the success of the economic project. If you don't believe Iraq will revalue their currency, then of course this does not apply to you and I'm surprised you're taking the time to read my post. I have no proof Iraq will revalue their currency and I do recognize that it's not a given.  However, I choose to believe this is a solid investment. Iraq is a very unique situation that shows promise and I do think there is a great basis for that. This is just my opinion. Now that I've thrown in my disclaimer for the Lopsters, I'll get back to the political situation. 

 I think it's pretty clear by now that the move to unseat Maliki was a bluff to force him to follow-through with implementing the formerly agreed upon legislature.  After all, it would only inflame the crisis, not solve it.  Iraqiya and SLC struck an agreement where they will benefit from maintaining the “surplus” seats. If the Shia alliance voted to oust Maliki it would be fractionalized. If a good part of Maliki’s alliance were to defect then the National Alliance would no longer be the biggest bloc in Parliament and would not have the right to appoint the next Prime Minister. Iraqiya has only 85 deputies and would be reduced to at least 75 if they moved against Maliki.  Iraqiya would have had to form a bloc with the Kurds and agree on a leader to avoid Maliki’s bloc getting hold of the nomination of the next PM which is in conflict with article 76 of the Iraqi constitution on the nomination procedure (which Iraqiya in 2010 saw as belonging to the biggest electoral list).

 All of this points to a bluff; a bluff that apparently has worked and that's because the flip side of that coin is that Maliki has some very good reasons to avoid being questioned before Parliament. A recent decision by the Iraqi Supreme Court says that under article 61-7c of the Iraq constitution, to question the Prime Minister there has to be specific criminal charges or constitutional infractions and whoever that minister in question may be, if adjudicated guilty, will be held accountable. So, this is no small matter for Maliki because he could be brought up on a lot of charges including corruption, crimes against humanity and of course refusing to provide even basic services for the Iraqi people. Maliki's opposition has done what they needed to do (bluff or not), to ensure that parts of Erbil will be implemented, permanent ministers and Strategic Council announced as well bringing the Justice, General Amnesty, Federal Court and Judicial Council laws to the table for adoption.  Iraq never moves at our speed but for reasons I formerly mentioned, I do believe this new reform compromise is real and we may see a National Meeting in the near future. I have been wrong many times about the timing of this National Meeting and it's left me a bit gun-shy when it comes to trying to pin down a time-frame. So, I'm just going to let this play out and hope for the best.  These are just my opinions, which may or may not be correct.

CBI announces $4 billion increase in foreign exchange reserves; $67 billion, 11 AUGUST


CBI announces $4 billion increase in foreign exchange reserves; $67 billion

Posted 11/08/2012 08:12 AM
Babinaoz (Reuters) – Central Bank of Iraq, the rise of foreign exchange reserves to $ 67 billion, confirming that these reserves are the largest in the history of Iraq, pointing out that these reserves is one of the monetary policy to reduce inflation in Iraq.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh said that “the Iraqi Central Bank’s reserves of hard currency rose to $ 67 billion, up from $ 63 billion the end of last May,” noting that these “reserves are the largest in the history of Iraq.”
Saleh added that “this increase will increase confidence in local currency and will increase stability,” stressing that “the Iraqi dinar has become covered by these reserves to 1.3 in the foreign currency.”
Salih stressed that “the Iraqi currency has become strong due to high bank reserves, in spite of fluctuations in recent exchange rate of the Iraqi dinar due to outflows of foreign currency,” pointing out that “these oscillations are treatable, but they need time to cure the problem.”
Saleh pointed out that the “high bank reserves would be a monetary policy that could reduce inflation in Iraq through the use of an impact on levels of domestic liquidity, to absorb the excess demand by providing a display of foreign currency.”
The Central Bank of Iraq announced on 27 January last, the high foreign currency reserves to $ 63 billion, after recording the sixth of January 2012 bank reserves $ 60 billion, up from $ 50 billion year-end 2010.
The central bank held the Iraqi daily sessions for buying and selling foreign currencies with Iraqi banks, except for public holidays on which depends the World Bank for these auctions, and sales are either cash, or in the form of money orders sold out for a commission of certain.
http://bit.ly/RHU248

MAILMAN CHAT,11 AUGUST


[mailman17] NOW...LETS MOVE ON TO SOMETHING THAT CAUGHT MY EYE  A POST BY ST LOU EARLIER ANYONE SEE IT OTHER THAN ME  REGARDING 3 ZEROES BEING REMOVED PRIOR TO THENEW NOTES COMING OUT  ANYONE?   PLEASE CHIME IN

[str] i missed it

[mailman17] IN A NUTSHELL PARLIMENT IS ONBOARD BOTH FINANCE COMMITTE AND ECONOMIC COMITTE  BUT WE KNEW THAT THE KEY IN THIS IS  IN THAT ARTICLE...IT WAS STATED THAT THE RATE WOULD BE THERE UPON RELEASE OF THE NEW NOTES BUT THE 3 ZEROES WOULD BE REMOVED FROM THE OL CURRENCY  --  OLD CURRENCY BEING WHAT WE OWN  YES?
  [str] yes

[mailman17] HOW CAN THEY DO THAT?

[str] RV

[mailman17] EXACTLY

[mailman17] IF THEY DONT RELEASE ANYTHING SMALLER PRIOR TO JAN 1

 [mailman17] NOW...AS MUCH AS THE SOURCE OF THIS ARTICLE IS SOMEWHAT NOT THE GREATEST THIS IS WHAT WE LOOK FOR  LOOSE LIPS PEOLE PRIVY TO SHABS PLAN...BUT JUST CANT KEEP THEIR FRIGGIN YAPS SHUT

[mailman17] I CAN SEEE SHABS RIGHT NOW CUSSING THIS POOR GUY OUT SAYING...SHUT THE **** UP ********  I AM ALSO INTRIGUED BY NUJAFIS WILLINGNESS TO COOPERATE WITH MALIKI NOW  IE..CONFERENCE AND MINISTERS

[mailman17] LOTS GOING DOWN BEHIND CLOSED DOORS  ESPECIALLY REGARDING MUTLAQ

[glk] but they still have the files for a VONC !!!!

[mailman17] YES THEY DO

[mailman17] NOW..WHAT SHOULD BE BOTHERING THEM IS NOT SO MUCH KEEPING MALIKI IN... IF HE AGREES AND IMPLEMENTS BUT JUST WHERE THE **** IS THE 7 BILLION DOLLARS?

[mailman17] THIS IS GONNA GET MESSY YOU JUST DONT WRITE OFF THAT AMOUNT  100 MILL....YES KNOW WHAT I MEAN

[glk] they will find it eventually .......... the less power Maliki has to prevent investigations......

[mailman17] AGREED BUT IS MALIKI AIMING FOR IMMUNITY? HMMMMM

[glk] Always thought he would resign if he got that....

[mailman17] ME TOO MUTLAW AND HASHEMI ARE STILL AND WILL ALWAYS HOLD A MAJOR GRUDGE ALSO TO BE CONSIDERED  NOW  THEY ALSO APPEAR TO BE AT 3 MBD  FROM 2.4

 [mailman17] NICE INCREASE  TO THE BUDGET FOR 2013 JUST IMAGINE IF THEY CAN ATTAIN 4 BY MID YEAR  FOOD FOR THOUGHT  THIS IS WHY...THEY CANT HOLD OFF MUCH LONGER

[mailman17] AND I WISH I CAOULD GIVE YOU LEGITIMATE REASONS WHY THE MUST RV BEFORE THE NEW YEAR INSTEAD OF MY GUT  BUT MY GUT READS A LOT  AND MY GUT REMEMBERS AND MY GUT IS VERY SAVY IN IRAQI BS AND I SMELL BS BIG TIME  JMO

BWM POST, 11 AUGUST

BWM: paperwork out today stating changing of currencies by first of week... don't get wound up like some calling for the immediate RV (not saying it couldn't happen just be patient) because this paperwork has happened before... in fact we should have been done wednesday according to the LAST paperwork that was released...

BWM: it seems that a number of ppl grab one little tidbit of information, oh like OMG THE FOREX IS TICKING FASTER and run with it... they are missing the bigger picture... again, this is an alignment of things...and the news IS good... but the constant when the markets hit this or when we see this IT'S GOING DOWN have become as blasse as "no more weekends" AND WE ALL KNOW WHERE THAT HAS GOTTEN US...

BWM: it's as common as the "we're a day closer to our rv"... well of course we are moron... it's a day past yesterday... unless time reverses WE'LL ALWAYS BE CLOSER... geez

BWM: on the flipside of things there was good news today... so hang tight and remember... it's almost midnight... which makes it tomorrow... which is... one day closer to our rv... of course   geez..

BWM: y'all have a great night and know things are lining up and we'll see what happens with news tonight/tomorrow..

MED POST, 11 AUGUST

Med (5:40 AM):  SABAAH EL KHEER DS  I WAS GOING OVER THE POSTS THIS MORNING AND THE OBVIOUS ONE THAT STANDS OUT IS THE CBI ONE ON THE REMOVAL OF THE ZERO'S AGAIN.....I SEE THAT SOME ARE GETTING TIRED OF THE SAME TEDIOUS MEDIA RELEASES

I THINK THOUGH THAT IT IS NECESSARY I MADE MENTION THE LAST 48 HRS THAT I EXPECT THE CLOSER WE GET THE MORE NEGATIVE WE WILL SEE FROM THE NATIONAL ALLIANCE AGAINST THE RV AND ALSO CBI

SO TO COMBAT THAT NEGATIVE CAMPAIGN I THINK CBI HAS TO CONTINUE POUNDING AWAY THAT IT IS HAPPENING DESPITE THE STATE OF LAW AND WE ALL KNOW THAT THE STATEMENTS AND RELEASES TO THE MEDIA ARE NOT FOR OUR BENEFIT BUT FOF THE 30 MILLION IRAQI'S WHO THE MAJORITY HAVE TERRIBLE MEDIA AND COMMUNICATION ACCESS

OK I KNOW I DID THIS FOR ALL THE MIMES BUT WHEN PEOPLE COME ON THEY CAN SEE IT LATER ALL MED OUT

DINARWISHES CHAT, 11 AUGUST


Its a Super Special Sensational Saturday and Time for Smiles
eagles4: averysgrampa Paul Harvey said it you have great material don't change it just change audiences.

   8:51 AM averysgrampa: DinarWishes at least your improving some good glad to hear its alittle better

     8:51 AM DinarWishes: Its nice having a morning off to relax and enjoy my saturday

  8:51 AM Asells: DinarWishes good to hear !

 8:51 AM Asells: DinarWishes that is nice

8:52 AM DinarWishes: I have made one resolution.... Not to shave until we RV....
8:53 AM greyhawk: DinarWishes    must mean we are close!

8:53 AM DinarWishes: I wonder if the Cousin IT look is in???  

   8:53 AM SALTYDOG: DinarWishes Heres hoping you only have a little stubble

    8:54 AM averysgrampa: DinarWishes i hope so cuz im gettin close myself
   
8:54 AM DinarWishes: Everyone thinks they are seeing a Sasquatch in my Neighborhood...

   8:54 AM Asells: DinarWishes who was it that said he wasn't cutting his hair until we RV'd one of our members.... I can't remember who though..
 
8:55 AM averysgrampa: Asells i remember! but i can say his name........shhhhhhhhhh

   8:55 AM Asells:    oublood !     
 
8:55 AM dietcokeandice: willie nelson
   
8:55 AM SALTYDOG: Asells That was last year and I think it was Repunzel
  
8:55 AM Asells: SALTYDOG SALTYDOG hahahaha
 
8:56 AM DinarWishes: Oh well Im sure lots of people said it
    
8:57 AM DinarWishes: My Wife said I think I will not shave as well to show support... I was like thats ok baby you’re the Gorilla of my Dreams!!!  
 
8:58 AM NC227B: DinarWishes .It's a long time till Nov.
   
8:59 AM averysgrampa: DinarWishes but seriously mine did too she is showing her support by not shavin her legs and when she puts on panty hose she looks like she wearing mink stockings!  
 
8:59 AM Asells: NC227B nov 31 to be exact  

      8:59 AM DinarWishes: NC227B good thing it wont take that long
   
9:06 AM xyz:    DinarWishes where have been? left us a lot?     

9:07 AM DinarWishes: xyz Changes in life cause changes in chat....
  
9:17 AM averysgrampa: TIME FOR DINARIAN OLYMPICS!..........Ok all the guru that guess at date and rate aaaaaaaaand where they think the rv is are all lined up at the starting gate with their shovels............aaaaaaaaaand bang the gun goes off and they all run out onto the field and begin digging to see if they can find out where that rv is!.............and lookie there is soonerfan unfortunatly he will only dig till friday night cuz we all know there arent any weekeknd on his calendar! haha, and lookie there is Adam Montoya! and he is just taking his time digging his hole cuz he thinks he has till 2016! yeah! adam........................hahaha

 :35 AM averysgrampa: BACK TO THE DINARIAN OLYMPICS........WHERE WE ARE GOING TO SEE WHERE THE GURUS ARE DIGGING AND WHAT THEY HAVE FOUND SO FAR!..............lookie at that Adam Montoya oh boy he loos happy i think he may have found something........."what do ya have there Adam?...........(he pops outta the hole looking happy) wow he found a dime! looks like its gonna be ten cents right adam?.........adam: 'well i think so but what the heck im going back for another dime see ya..............OH BOY LOOK WHO ELSE IS JUST DIGGIN LIKE THERE IS NO TOMORROW!...........ITS ITS......bulldog and all he found so far is a another "puzzle statement" haha boy he looks confused what a coinsidence!..............