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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, August 22, 2012

CRUISER CHAT, 22 AUGUST

pmw1973] cruiser all the news today... whats the good word?

[cruiser] pmw1973 GOLD!!!

[pmw1973] cruiser or platinum?

[cruiser] pmw1973 Actually both

[cruiser] pmw1973 but you only asked for one word roflmao

[pmw1973] cruiser two words "FAIRLY SOON "

[cruiser] pmw1973 how about "right now" 

[sandytob] cruiser seriously?

[cruiser] sandytob Yes and no. What I have been looking for is happening. The movements in the right directions have started. Now it is only a matter of time.

[sandytob] cruiser ...there goes that "timing issue" again.

[cruiser] sandytob, highlander65  no timing issue. I would say within the next 10 days. Sound fair.

[tornado] cruiser -sort off,I am guessing a month or longer for the markets to play out..........

[sandytob] tornado he said within 10 days

[cruiser] tornado  with in the next 10 days. 

DINAR GURUS UPDATE, 22 AUGUST

8-22-2012  Intel Guru Bluwolf   Within a specific short time we will be receiving this blessing and...we now await the final calling on behave of the banks. 

8-22-2012  Intel Guru Tony  The article that came out of Iraq yesterday said, “The CBI can agree with the Economic Committee of the Iraq Parliament to introduce the new bank notes in September 2012, which will be used in parallel with the current bank notes for a year. The CBI will completely withdraw the old bank notes by September 2013There is an initial agreement between Parliament and the CBI to start the process of removing three zeros in September and it will take a year to complete…The CBI will introduce three new bank notes – 50 dinars, 100 dinars, and 200 dinars. The CBI will also issue 1 dinar and 2 dinar coins which Iraq currently does not use. ” This just came out in the last 24 hours.  [Post 2 of 2]

8-22-2012  Newshound Guru SWFloridaGuy    Just to clarify, the CBI did not say revalue, they said remove the zeros. There seems to be much confusion on what "remove the zeros" actually means. Some researchers like to add their own interpretation and say it refers to a revaluation and the entire process of drawing in the large notes. Deleting the zeros simply means deleting the zeros, pretty straight forward. This simply refers to the CBI's plan to drop the zeros from the nominal value and introduce the lower denoms to ease cash transactions. I'm simply making this point because I see the CBI misquoted quite frequently and I used to struggle with this understanding myself.  [Post 2 of 3...stay tuned!!]

8-22-2012  Intel Guru Tony    They were given target dates to have certain things accomplished and those dates are not November, December or January. They are trying to get this done a whole lot sooner.  We have known ever since June that the problem was where the money is flowing to.  So all of that has to be stopped or at least managed before this can happen.  Talabani has been back in Iraq since last Thursday, They have already had meetings and signed off on agreements...some announcements that are supposed to be made later this week. Everything I am looking at is that it is sooner rather than later.  [Post 1 of 2...stay tuned!!]

8-22-2012  Intel Guru Gary    We have been told that all the banks have been expecting this, they are pulling their people in, keeping them from going on vacation, people coming in preparing for scheduled appointments, etc. Are the banks being lied to? No, I believe that they are being told by the higher ups that everything is ready to go but Iraq is still dealing with things over there (e.g., ministers, Maliki, smaller denominations beginning next month). But we’ve got one scenario that has created a critical issue and that is their neighbor [Iran]. They have to wait until that is all taken care of. There are sanctions going to be issued over there and the impact of those sanctions are going to be pretty serious and so even though everybody was expecting this to be completed here pretty quickly we are kind of in a holding pattern. The UN is also getting involved. This is going to take a little longer than a couple days.

8-22-2012  Newshound Guru Mike   great article...talked 3 times about the re-evaluation of their currency...in this article they talked about the the re-evaluation process of their currency and they declared that they are going to do this - drop the zeroes and get it done by 2013...Nothing but positive news from CBI.

8-22-2012  Newshound/Intel Guru BGG    Article:  "Deputy for the National Alliance: Maliki is ready to give assurances to implement paper reforms expression of sincerity of the government’s intentions"   This isn’t a guarantee of any kind – and it even sounds a little like they are in “spin mode” – but it’s still great to hear...if Talibani gets back this week and has a couple of good meetings, calls for a National Conference and it succeeds – we’re in good shape.   I have heard that as early as Sunday “could be the day” – however, be very careful with that. I personally think that might be a little early – even under a “quickened” time frame. 

8-22-2012  Newshound Guru SWFloridaGuy     I am very encouraged by some recent reports out of Iraq regarding the easing of political tensions, the focus on implementing the reform proposal and holding a successful National Meeting. Does this mean we will RV tomorrow at a rate of $42? Of course not; it doesn't relate directly to the exchange rate at all. Indirectly however, we do see a connection. The CBI did say that they will proceed with the National Economic once the GOI resolves this political crisis and if the reports out of Iraq are true, they have made much progress in this area.  [Post 1 of 3...stay tuned!!]

8-22-2012  Newshound Guru Adam Montana   Ramadan is over, business is resuming, and honestly...things are ramping up at a fast pace...no RV announcement at this time, but nothing negative either.  I am going to be getting confirmation on a few things here today.

8-22-2012 Intel Guru SteveI extremely positive and encouraged after all my conversations with Ray this week. Everything which Ray and I have said in the past remains on track. Nothing negative - only extremely positive news to share. Don't spend any time looking back. All is moving right along nicely! Concerning the date and rate - I remain firm on my and Ray's thoughts on this. If you want to know - look up my old updates! [Get access to the Dinar Guru Archives in the Blue Box above] ...the International Bank and Exhibition on Iraq Banking is huge... I must say, he is excited!

8-22-2012  Intel/Newshound Guru Poppy3   The CBI, as of this week, will start selling portions of their gold reserves.  This is huge.  Ban Ki Moon is over there from the U. N. focusing on the HCL laws helping settle the last couple of amendments.  Talabani is scheduled to come in Thursday afternoon.  Contact, who I believe has a lot of political connections, told me we should have a notification of the RV by Sunday.  

8-22-2012  Newshound/Intel Guru BGG   I believe Talabani will show up sometime this week, it is highly likely they will have a National Conference & in a very short time you will see a currency shift.  If things go well, sometime next week, you are going to see this thing coming at you!

8-22-2012  Intel Guru Hammerman  There are some huge meetings going on at undisclosed locations out west with Obama, Madam Wu , LeGarde, etc. China has retained 200 of the world's top economist and/or IT computer programming specialist & must be available to leave at a moments notice.  Talabani should return back between the 25th & the 29th.  When he arrives back, there will be a big meeting & within a few days of his return and then you will have the official announcements of the National Conference, which has already been done.  There is a whole lot of talk of his return on Saturday.  All cards are on the table.   Everything is done in Iraq, everything is done worldwide, that is why China has retained these people to prepare for this event.  The event and timing are tied together.  We are in a wonderful spot for this event. The end is very, very near.

SEEKEROFTRUTH POST, 22 AUGUST

8-22-2012 Seekeroftruth: Common sense tells us that the USA and the IMF and the WB and China and EVERY other important entity having anything to do with the RV (that has a say) would NEVER allow Iraq to RV their currency under the rule of ANOTHER dictator. Iraq is being ruled by a dictator at this point and until he gives up 2/3 of his power there is ZERO chance of seeing an RV.   PERIOD AND END OF THAT STORY.  That can't be argued by anyone of above average intelligence. After hundreds of dates, time periods and events have come and gone with NO RV, what is the ONE thing that remains the same?    NO Erbil = NO RV. Some say Erbil is not important and that it is out of Iraq's hands and all news is smoke and blah, blah, blah. The USA will determine when the RV happens based on certain behind the scenes factors that we will never know. Iraq is being allowed to play their political games ONLY because the USA is not ready for the RV to show as of yet. When the USA is ready or close to being ready you will see things moving forward in Iraq (as we see now). The NM will be a public meeting for the world to see. Talibani will announce to the world that Erbil and 140 is done and implemented. This will open the door for the RV because the power sharing agreement will be in place. Has Erbil been the REAL hold up? NO, NO, NO. Has the USA wanted it to look like it was? YES, YES, YES. If you really want to know what is happening, watch for the NM and the power sharing agreement to be IMPLEMENTED. That will open the RV window for all to see.

POST FROM BLUWOLF , 22 AUGUST


POST FROM BLUWOLF : Special message for all sites: First of all good afternoon. As a intel provider I have been clear on my actions and information given. I do not form part of any group nor do I get anything when I receive the codes and the instructions for this international release, nor will any group get a specific rate or value, all groups will be receiving exactly the same thing.

There are no scams in the air and no intel provider is being investigate nor by Interpol, fbi, or cia. We are a group working under Gods umbrella and we do not have a negative intention under our wing, so I suggest to some call Christians to start acting like Jesus and walk the talk for we are here to serve, to guide, to comfort and to inform. 
  We have no need for greed nor do we have any need to deceive. All the above comes on behave of myself and I speak in favor of the following people, my dear friends Sweet Queen, Jonnywg, Bellagritts, Cap1, Studley, Okie, Bulldog, Soonerfan, and Generals64.

Now I do not understand the why behind these actions nor their intentions and frankly I have no need to know for it ain't the truth by no means and therefore  it is not worth the effort nor the time.

Within a specific short time we will be receiving this blessing and we are in good hands for our cashouts, and we now await the final calling on behave of the banks.

So folks either you wait out the storm in calm or you move on where you feel in comfort that is your choice but speaking bad of a wonderful and dear lady like Sweet Queen making allegations not suitable to repeat about her or others who's only crime is to guide you is strictly uncalled for and unacceptable.

If you are real down to earth Christians you will prove yourselves by following and speaking the truth. Be blessed Bluwolf

7:22 PM [bluwolf] LISTEN I FOLLOW MY LORDS FOOTSTEPS,I NEVER IN MY LIFE HAVE NEGATIVE THOUGHTS ABOUT ANYBODY,I FOLLOW THE RULES OF THE BIBLE,I THINK THAT ALL PEOPLE SHOULD FOLLOW THE GREAT BOOK.

BUT I GET CONFUSE WHEN I SEE PEOPLE SPEAK HOLY AND ACT UNHOLY, I DO NOT GET IT. THERE IS NO EXCUSE TO ACT THAT WAY,AND THE EXCUSE THAT WE ARE ONLY HUMANS AN MAKE MISTAKE DOES NOT FIT IN HERE,FOR YOU DO KNOW WHAT YOU ARE DOING AND YOU ARE NOT FOOLING ANYONE

7:23 PM [bluwolf] BUT YOURSELVES,,ARE WE CLEAR

7:23 PM [bluwolf] RESPECT OTHERS AS YOU WANT TO BE RESPECTED THAT IS THE RULE OF THE LAND

7:24 PM [bluwolf] THERE IS NOT A INTEL PROVIDER MENTION THAT IS TRYING TO SCAM ANYONE  AND I KNOW THAT FOR A FACT  FRUSTRATIONS BY SOME MAKES THEM DO AND SAY WRONG THINGS AND THAT IS NOT ACCEPTABLE

7:25 PM [bluwolf] WE ARE ALL ADULTS AND NOT CHILDREN   SO ACT YOUR AGE AND GET REAL  NOW SWEETQUEEN IS MY FRIEND AND I HAVE HER BACK AND I PITTY THE FOOL THAT HARMS A HAIR ON HER HEAD

7:26 PM [Bigdogone] So do we!!!

7:26 PM [MTDinar] bluwolf It is great seeing you in here and laying it out for all to see (***you know what i mean). I like seeing loyalty and hope you feel those loyal to you in here! Keep up the good work and spreading the good word!!!!

7:26 PM [crossways] bluwolf They shall know us by our fruits. Sweetqueen has been consistent. She has the fruits of the spirit. I trust her :)

7:27 PM [bluwolf] SO SAID ARE WE CLEAR  LISTEN UP I WILL BE BACK LATER

7:27 PM [..SweetQueen] THANK YOU bluwolf, I AM HONORED TO CALL YOU FRIEND.

7:27 PM [bluwolf] I HAVE A CC CALL NOW BE BLESSED  SEE YOU LATER

DINAR CHATTER, 22 AUGUST


[bouv] The Impossible Dream.....Jim Nabors .
http://www.youtube.com/watch?v=r5KeGccP9Jk

[justaguy] I haven't left my house in 3 days because there is a black SUV parked outside. Then I remembered it's mine.

[buckwheat] IMF Admits Iceland Was Right:…the island’s approach to its rescue led to a “surprisingly” strong recovery, said the IMF’s mission chief

http://beforeitsnews.com/banksters/2012/08/imf-admits-iceland-was-right-2431434.html

[BOBGETZ6] buckwheat They now have a burgeoning financial situation.

[BOBGETZ6] buckwheat They forgave all debt, and wow, what a result for their economy.

[snuggs101] [Rocknrv] I read on another site and saw a screen shot of the CBI @ .27 which equals 3.61

[Sparkles] dice3344 snuggs101 I will take it and be goneeeeee
....
Read More Link on Right
[BOBGETZ6] snuggs101 That should be th Iraqi in country rate via the CBI. We should do much better, IMO.

[snuggs101] Sparkles I know right!!! omg that would be awesome!!!!!!

[snuggs101] BOBGETZ6 really?? omg!!! even better!!!!

[BOBGETZ6] snuggs101 I am thinking $5 plus.

[snuggs101] BOBGETZ6 That would be awesome (!)x10

[MsDiva] i just wish they stop stalling and just rv the ding dong thang

[Sparkles] bobgetz6 me too but i will take the 3.61

[BOBGETZ6] Sparkles I would be disappointed at this point. I am wondering about the VND. I am hearing 32-42 cents.

[Sparkles] BOBGETZ6 take that too

[MsDiva] BOBGETZ6 yeah thats another one thats takin too long

[MsDiva] when is all this goin to take place Geezzzzzzzzzzzzzzzz

 [dealdoctor] How do all my Castle friends do tonight??? Arvie there yet?

Dealdoctor. You got to know we are getting there!! I BELIEVE in the RV of the IRAQI DINAR INVESTMENT!! GO RV GO RV GO RV

[dealdoctor] The markets are all smoke like the politicians and bankers in the smoky backrooms with their fat cigars. QE3 is going to go down soon. Everytime they do that our dollar is worth less and less. It is a sneaky tax and all products at the store cost more because the value of our dollars grows smaller.

[Jorel] dealdoctor which is why we have to move from fiat currency to the new QE3

dealdoctor] Jorel We need the new Basel III banking system that is asset backed. The QE is Quantitative Easing or a stimulus package when the Treasury sells bonds to the Fed and they print more and more empty and dead pretend paper currency notes...which are really LOANS

[clintonya] QE3 is the goverment selling your childrens futures

[Jorel] dealdoctor by moving to the Basel III system, we will in line with the international markets and fiat currencies will be in the past ... that is the worldwide balancing act that is taking place

[dealdoctor] Jorel exactly!

[~healthy3] Jorel dealdoctor well, go get it for us

[Jorel] ~healthy3 on it!!!!

[dealdoctor] ~healthy3 TRUTH will BRING it to us..

[sunshine] ((((((((( rv )))))) live rate...bank codes ((((( praying ))))

[gunny] ..SweetQueen Good evening ma'am. How are things for you tonight?

[..SweetQueen] gunny WELL LET'S SEE I'M NOT ONLY UNDER A HURRICAN WATCH BUT ALSO AN RV WATCH. ROFL

[bluwolf] PLEASE PRAY FOR MY COYNTRY FOR WE ARE STARTING TO FEEL THE POWER OF TROPICAL STORM ISAAC,IT IS RAINING NOW AND IT SHALL CONTINUE TO DO SO INTENSIFING IN THE EARLY HOURS OF THE MORNING LASTING ALL DAY TOMORROW LEAVING US IN THE LATE HOURS OF TOMORROW,,THEN IT SHOULD MAKE LAND IN SANTO DOMINGO HAITI AND CUBA,,SO PRAY FOR MY PEOPLE ON ALL THESE ISLANDS

[Dautch44] Hey Gang........got in late, just in time to see Bluwolf sign off.......did any one ask him about the Iraq/Iran air space and USD news? Was it fact or smoke? Was it relevant?

[bluwolf] Dautch44 ALL THAT TELLS YOU IS THAT THIS IS CLOSE AND IT SHOULD BE TAKEN CARED OFF SHORTLY

STEVE & LORIC POST, 22 AUGUST


8-22-2012 Steve1: I am extremely - extremely positive and encouraged after all my conversations with Ray this week. Everything which Ray and I have said in the past remains on track. Nothing negative - only extremely positive news to share. Don't spend any time looking back. All is moving right along nicely! Concerning the date and rate - I remain firm on my and Ray's thoughts on this. If you want to know - look up my old updates! He did mention the post he posted about the International Bank and Exhibition on Iraq Banking is huge and for us to go back and really read his thoughts on this post. I must say, he is excited! He did apologize for being away at such an exciting time as this; but will post a very comprehensive update either tomorrow night or in the next few days, and most certainly by the weekend! His final words - Nothing has changed! All we have said in the past is coming down the pike! End of conversation.

8-22-2012 LoriC: Best news day ever!! The US and the UN are helping expedite the HCL law and the National Meeting is a go as soon as Talabani returns. Maliki is even on board with the new reforms. Everyone should be very excited about this.  The news out of Iraq has finally turned in our favor!!

8-22-2012 Maliki: The Prime Minister is ready to give assurances to implement paper reform during a specific timeframe, an expression of sincerity of the government. There assurances from Prime Minister Maliki to achieve the demands of political blocs and the implementation of reform paper on the ground periods of time. All political parties will meet after the holiday to reach satisfactory results for all parties and that would eliminate the problems.

8-22-2012 HCL: Legal Parliamentary Committee member expressed his support for the participation of the UN in drafting the HCL law to end the disputes over this issue among the blocs. There is no harm if the UN Assistance Mission to Iraq (UNAMI) assisted in providing consultancy to setting regulations to organize the natural resources in a similar way to the case of its assistance in selecting the members of the Independent High Electoral Commission. I think the HCL law draft is very important and causes many disputes especially between the Central Government and the Kurdistan Regional Government since both hopes to impose its will on the draft, so I think the UNAMI’s participation is necessary here through professionalism and neutralism to draft this law. Some MPs have reported about a US role to involve the UNAMI in drafting the HCL draft to end the disputes over this law.  

8-22-2012 National Meeting: Jaafari awaits Talabani’s return to call for National Meeting. The head of the INA, Jaafari, is waiting for the preparatory committee to present the comprehensive reforms document to be discussed during the National Meeting to be held after the return of the Iraqi President Talabani from his medical trip to Germany.The unofficial meetings held by the preparatory committee have almost reached the final steps of concluding certain files through adding some points of view by some representatives of the political blocs. The reforms document will be unified into a comprehensive document, especially after the recent invitation of the President Talabani to hold the National Meeting.  

RUMORS FROM DINARLAND, 22 AUGUST


[cruiser] Please go to www.cnbc.com  , on the right hand side of the home page. and listen to this Jim Rogers "U.S. Dollar will be a disaster. Forgetthe 5 year and 10 year talk. Just listen to what he is saying about the fiat currecny.

cruiser] Who remembers a few months ago when you called WF and there was an automated message saying they do not buy or sell dinar. lol Now they say do not have anything to do with UST notes. roflamo

[SCgunner] cruiser so you stand by the rumors of the UST story?

[cruiser] SCgunner That they do not have them in their possesion. Probably not. Are they sitting in a secured truck waiting for their delivery. Definentley.

cruiser] look at platnum. Could there be a 3rd tier 1 asset on the horizon??

cruiser] Gonna go start my day. lol 2pm est. Fed minutes. Markets already do not like the news and it has not been announced yet.

Jeff] cruiser read this http://www.cnbc.com/id/48751904

armadillo] xxxxx3's high up contact said we should have notification of rv by sunday!!!!
[sananddan24] armadillo will it be public?

[armadillo] sananddan24 it should

armadillo] i heard from a banker on a conference call that the rate should be around 25.00

armadillo] like everyone on here, i'm just repeating what i'm getting, i don't think the call is available anymore, as i don't know who hosted the call but do know it was a banker from wf

max13th] armadillo does that include dropping the zero's ? lol lol

[armadillo] max13th the dropping of the zero's has nothing to do with the value you hold in your hands!!

[armadillo]  please take it as rumor until it goes live!!!

[armadillo] folks, that is just what i'm hearing!

[keiji] armadillo did the banker give any indication when it will happen?

[armadillo] keiji like everyone else, he say's we are as close as gnats butt!!!

[pick3king] bouv how about as close as freckles on a read head

[maranatha] remember---the HIGHER the RV rate---the MORE revenue for the Feds----turns the economy around and also does a number on the deficit

debneureka] armadillo...was that a current call?

armadillo] pick3king debneureka i don't get on a lot of cc's but this one i got on was from someone i never heard of and i don't remember his name but the reason i got on this call was the fact that he had a banker coming in and when i finally got on the banker was talking!

mkay] armadillo did he say it might be $25?

mkay] armadillo did he say it might be $25?

armadillo] for everyone that just came on xxxxx3's high up contact said that we should have notification of the rv by sunday!!!!

[mkay] armadillo that is great news

mkay] armadillo was this the banker?

[armadillo] mkay yes, from wf

[pebbles1] armadillo- WHEN was the cc?

[armadillo] pebbles1 over the weekend

[gigi50] armadillo on my phone..i saw what you said about xxxxx...thats great but what about the banker and did you talk about a rate? thanks

[armadillo] gigi50 yes, $25.00

[Jeff] QE 3 or 4? LOL  http://www.cnbc.com/id/48753317

 here it comes before or on September 12th at next FED meeting in my opinion could this be the cover?

[raptor22] Jeff how bout now?

[Jeff] raptor22 what do you mean?

[raptor22] Jeff u said Sept look good

[Jeff] raptor22 yes that is my back wall due to economic domestic and global trends the QE discussion today frankly speaking in my view only would be the cover for the RV

[pappyy] bloomberg: . notice they said easing of ecomomy may be needed soon

http://www.bloomberg.com/news/2012-08-22/many-on-fomc-favored-easing-soon-if-no-sustained-growth-pickup.html

[pmw1973] pappyy fairly soon!

[pappyy] pmw1973 perhaps a hint, but don't want to read too much into it!

[pappyy] Jeff I like how it was put on CNBC - "fairly soon" on the simulus

ADAM MONTANA CHAT, 22 AUGUST

[Adam Montana] I was just reviewing the questions for this weeks chat   Ramadan is over, business is resuming, and honestly.. things are ramping up at a fast pace

[Adam Montana] I have so many things to review this morning I can't even keep track at this time - so I'm going to postpone the Q&A till tomorrow

[Adam Montana] I'm actually typing this from the road, so I might lose my connection at any moment, so I'll wrap this up quickly

[Adam Montana] no RV announcement at this time, but nothing negative either. I am going to be getting confirmation on a few things here today and will be in chat tomorrow or later tonight  thanks for understanding, and you all have a great day

MED POST, 22 AUGUST

Med (5:48AM)

I WENT THROUGH ABOUT 30 ARTICLES THIS MORNING.....WAS NOT ANY NEWS THAT YOU WOULD CONSIDER ON THE FACE ABOUT THE DINAR

RIGHT NOW IRAQ IS BACKPEDDLING CLAIMING THAT THEY DIDNT MOVE OUTSIDE OF ANY ACCEPTABLE LIMITS  IN REFERENCE TO IRAN  AND THEY WERENT LAUNDERING ANY MONEY FOR THEM OR TRADING IN ANYTHING BUT NORMAL MINIMAL TRADE

THOSE STATEMENTS DONT MESH WITH WHAT HAPPENED TO THE DINAR WHEN IRAN GOT INVOLVED IN GETTING IT UNDER ERRONEOUS CIRCUMSTANCES

SORRY GANG HAVE TO CUT IT SHORT  LATER DS

SWFLORIDAGUY POST, 22 AUGUST


8-22-2012 SWFloridaGuy  I am very encouraged by some recent reports out of Iraq regarding the easing of political tensions, the focus on implementing the reform proposal and holding a successful National Meeting. Does this mean we will RV tomorrow at a rate of $42?

Of course not; it doesn't relate directly to the exchange rate at all. Indirectly however, we do see a connection. The CBI did say that they will proceed with the National Economic project once the GOI resolves this political crisis and if the reports out of Iraq are true, they have made much progress in this area.

Just to clarify, the CBI did not say revalue, they said remove the zeros. 
  There seems to be much confusion on what "remove the zeros" actually means. Some researchers like to add their own interpretation and say it refers to a revaluation and the entire process of drawing in the large notes. Deleting the zeros simply means deleting the zeros, pretty straight forward.

This simply refers to the CBI's plan to drop the zeros from the nominal value and introduce the lower denoms to ease cash transactions. I'm simply making this point because I see the CBI misquoted quite frequently and I used to struggle with this understanding myself.

Having said that, I do believe Iraq will revalue their currency and I think there are many ways they can achieve this. For painfully obvious reasons, the CBI will never announce to the world that they are about to revalue their currency. Shabibi himself alluded to this in Washington when he said "Even if I knew I could never tell you."

Whether there are several incremental adjustments or a historical large currency appreciation of 100,000% to get us to 1 to 1, I do think Iraq will accomplish returning their currency to its previous levels by increasing the value of the paper currency in a quantitative sense.

There are several ways I believe Iraq could accomplish this, some are better solutions than others. Under a fixed exchange rate, fluctuations in the value of a currency to which the IQD is pegged could produce volatility.

We see these effects when the USD appreciates and other currencies linked to the USD in turn show appreciation also. Iraq does not want unnecessary monetary volatility.

There are a few solutions to this. They could include oil in a basket of currencies to which the IQD is to be pegged, in order to facilitate the recovery and expansion of the oil sector. They could define the value of the IQD as 1/3 a USD + 1/3 a Euro (subject to change dependent upon the future of the Euro), + 1/100 of a barrel of oil.

An oil-producer like Iraq could thrive with this scenario, even if there were big swings in international exchange rates or global oil prices in the future.

For this to work though, they would need to stabilize the price of oil in terms of purchasing power.

Another solution is Iraq could peg the currency to the export commodity (PEP), as I've mentioned in the past. The CBI could set the daily price of IQD in direct proportion to the daily price of a barrel of oil in terms of USD. That would stabilize the price of oil in domestic terms.

That's the best of both worlds (fixed & floating) and would also help to promote integration into world markets. I cannot prove that Iraq will revalue their currency but I do postulate that theory and believe there is a great basis for it.

The powerful countries, organizations, corporations and foreign Central Banks that have all invested so heavily into Iraq's reconstruction and helped to foster monetary cooperation will also reap the benefits.

This is why I believe they have assisted in the development, extended project loans and offered technical assistance with communications and Iraq's banking sector.

The global monetary system is broken and although the IQD is not the world's savior by any means, I do believe Iraq presents a unique opportunity and may serve the role of a fulcrum in its recovery. As always, I'm simply stating my opinion, which may or may not be correct.

FREEBIRD , TONY & GARY POST, 22 AUGUST


8-22-2012 Freebird: The deletion of the zeros will fight inflation, support the banking system, help to know the size of the wealth distribution, facilitate the banking system's ability to control liquidity, create financial surpluses that are used in financing and increase awareness of the banking system.

The IQD will be held as a reserve currency by foreign central banks and eventually will lead to full WTO membership. I'm looking for the CBI to make their move on the rate in September before they release the LDs.
  By January Iraqi citizens should have an increased confidence in their own currency, adopt the new store value and begin to de-dollarize.  Until I see a reason to think otherwise I'm still going with September as the month when they will introduce the new currency.

A year after the CBI first announced Sept 2012 as the target date for the LDs, it's finally right around the corner.  Keep the faith.


8-22-2012 Tony: They were given target dates to have certain things accomplished and those dates are not November, December or January. They are trying to get this done a whole lot sooner. We have known ever since June that the problem was where the money is flowing to.

If we do this right now is it getting into terrorist's hands? Is it getting into Communist country's hands? So all of that has to be stopped or at least managed before this can happen. We don't have to wait until it is all done [with Iran and Syria].
  We just have to wait for something to be in place and a plan of action worked out for this to happen. Talabani has been back in Iraq since last Thursday, They have already had meetings. They have already signed off on agreements. It has not been made public yet but there are some announcements that are supposed to be made later this week. Everything I am looking at is that it is sooner rather than later.

The article that came out of Iraq yesterday said, "The CBI can agree with the Economic Committee of the Iraq Parliament to introduce the new bank notes in September 2012, which will be used in parallel with the current bank notes for a year.

The CBI will completely withdraw the old bank notes by September 2013...There is an initial agreement between Parliament and the CBI to start the process of removing three zeros in September and it will take a year to complete...

The CBI will introduce three new bank notes – 50 dinars, 100 dinars, and 200 dinars. The CBI will also issue 1 dinar and 2 dinar coins which Iraq currently does not use. " This just came out in the last 24 hours.

8-22-2012 Gary:
We have been told that all the banks have been expecting this, they are pulling their people in, keeping them from going on vacation, people coming in preparing for scheduled appointments, etc.

Are the banks being lied to? No, I believe that they are being told by the higher ups that everything is ready to go but Iraq is still dealing with things over there (e.g., ministers, Maliki, smaller denominations beginning next month).

But we've got one scenario that has created a critical issue and that is their neighbor [Iran]. They have to wait until that is all taken care of.

There are sanctions going to be issued over there and the impact of those sanctions are going to have are going to be pretty serious and so even though everybody was expecting this to be completed here pretty quickly we are kind of in a holding pattern.

The UN is also getting involved. This is going to take a little longer than a couple days.

THE IQD TEAM CC, 22 AUGUST


The IQD Team
Investigate, Question & Deliver
Tuesday, August 21, 2012
Highlights/Summary & Replay of Conference Call

Conference Call Replay -  August 21, 2012
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Recap of the News tonight
(Listen to the recording for all of the detailed analysis of the articles discussed after each news article listed below - the following is just a recap)


Recap CBI/Economy
Straight Talkin Mike


We discussed tonight about the article we read last week about the banking system being shut down for seven days while they implement this new banking system - it allows other banks to talk intermittently to them and they can talk to the other banks - they can transfer bank balances that are going on – that’s the reason why you have seen the auctions are being cut off because they are not open for sending out money - they are only open for receiving money at this particular point in time and the auctions are shut down - what this is going to lead them to is really becoming more Basel compliant so that they can understand where their customers are coming from so that they can figure out where every dollar is coming and going from
that’s the idea - all of our banks are going to this as we heard on Fox News this past weekend - everybody is fighting it because it is a lot of paperwork - alot of getting to know your customer - alot of knowing where this money is coming from when you have large balances coming in - where is it going - where it is going to end up - who is going to be on the other end of the transaction – It’s really a compliance thing that is needed to figure out where the money is going at this particular point in time and that is debatable but in Iraq it’s going to help them figure out where they are at

We talk about inflation being right around 5.7% and in this article they talked about the the re-evaluation process of their currency and they declared that they are going to do this - drop the zeroes and get it done by 2013...great article that talked 3 times about the re-evaluation of their currency in the article.
We talked about the scams going on in the streets of Iraq  just like they are going on in the dinar community.
People in Iraq getting scammed out of their money in the streets - being sold fake coins and fake currency & fake foreign currencies in order to take their dinars from them - people see that there is going to be value or they just want to take it and resell it because they have been shut down on the street - As we have seen in our community and as we have said many times you need to be very careful about sending your money to anyone or taking any different money for it until you know that something has gone on with this currency by looking at the CBI - we have talked about this over and over again - there is value to what you have in your hand - it has a value - you can take it and sell it today and that depends where you sell it to - but for the most part you can sell it for $800 -$900 per million - people know this -its valuable and  they will take it from you because they can get this for your dinar.....You are looking at the future where it is going to be worth more so some want you to think it is worth nothing at this point in time.....Your dinar has value...we are guilty sometimes of saying it is worthless but it has value at this point in time because it is worth pennies..but all of those pennies add up to being of value and there are people who are willing to take that from you for that - willing to take the money and run....as well as they are in the streets of Iraq as talk about in the article we read tonight....to save it for a rainy day or sell it and get what they can for it....Always Remember there is value to it at this point in time and in the future.

We talked about granting licenses to more foreign banks and they want these banks to be more Islamic favorable where they don't charge interest and let the people operate within the function of the Islamic banking that they have set up - that they are more aware of what they need to do and offer when people come in - they will be tied internationally when they come in and they will be able to help finance these projects and they want people to come in

We talked about people keeping their money in the bank - using their credit cards paying for a hamburger later with their credit card while they keep money in the bank - these are reserves and fractional banking and it gets things to go - there is information on our website that discusses fractional banking and it just makes the banking system stronger when you have people depositing money in there

And we discussed the record level of imports that are going on and really oil is up to where they are pumping in 2003 - they have that going - it is huge economy based on oil and the oil is growing - doing what it needs to do and doing well with it all

Nothing but positive news from CBI

Recap Government

Mike gives a great analysis and discusses where we stand with the government....Talabani, Iran and what this means for us, The Oil & gas Law and much more.....Listen to the recording


And there you have it...
Straight Talkin' Mike On The Straight Talk Express Bringing You Another Night of Positive News!

News Coverage for Tuesday - August 21, 2012

CBI / ECONOMY 


Gulf currencies linked to the dollar prevents flexible interest rate
500 billion dollars expected surplus trade balance

Annual inflation in Iraq has reached 5.7 percent

Gangs scam selling fake foreign currencies

Central Bank decides to grant licenses to foreign banks that would like to open branches in Iraq

A leading role in the rule of law: the central bank has become an independent state within the Iraqi state

The Central Bank of Iraq

Oil exports from southern Iraq is heading in the "August" current to a record level since 2003

===============================================

GOVERNMENT

Oil Expert: intransigence between Baghdad and Erbil cause delay oil and gas law .. And will begin soon with the assistance of the Federal Court and the United Nations

Iraq’s clout as oil producer grows, but many citizens feel they’re missing out on the boom

NEWS ARTICLE LINKS

What a great night of news, analysis and discussion and Q & A - Listen to the call for all the rest of the news shared and more during the Q & A

We are getting closer every day......GET R DONE!!


Conference Call Replay -  August 21, 2012
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As Always.... Discussion and Analysis of the Latest Iraq, Dinar & RV News....Pre & Post RV Information...Q & A

Every Tues & Thurs 8PM EST
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Breitlings Wed Report 22 AUGUST

REVBO, SOCALDINAR, MOUNTAINMAN & PHOENIX POST, 22 AUGUST

8-22-2012 ReVbo: "Maliki's UN Sanction Violations With Iran." Our Chairman of the Joint Chiefs, Gen. Martin Dempsy, is meeting with Maliki in the next couple days, and he says he's not even going to address this with Maliki. So, I don't think we're going to see any seriously bad news coming from this issue. Surely, we've known about this for quite some time, and if we were going to make a big deal out of it, we would have already. Busting Maliki helping Iran may even be the best thing that ever happened to us, because now that he's broken the Iran sanctions, we own him. 

8-22-2012 SocalDinar: Iraq plans to implement a project that puts all the oil facilities on a standard electronic system.  Sounds like new laws coming to control data at the pumps. How much is extracted verses how much is delivered. "The system initially includes linking oil installations with an electronic one and connect them with the watchtowers on the border and surveillance planes in the air. This system will provide comprehensive control over oil extraction and export, as well as prevent smuggling operations. Iraq seeks to boost its oil production to double over three years through contracts concluded with foreign companies to produce and explore for oil fields, is expected to be implemented in the largest expansion in oil production capacity in the world this year with the opening of new outlets." 

8-22-2012 Mountainman: Talabani is scheduled to arrive in Baghdad soon and then we should see an immediate announcment of the National Meeting.  Everyone is on board finally. We've been waiting months for this and it's finally here.  Going into September we find ourselves in an excellent position and I do think we may see the Central Bank release the lower denoms and raise the exchange rate after the National Meeting.

8-22-2012 Phoenix3333: The door is open in the paper reforms. "Logistical reforms and the paper (70) points are the epitome of crises in the country, noting that the door is open to add any point raises fears and suspicions among other political blocs. The reform gate is open to all the mechanisms that will be followed in the formation of committees that will have ceilings of time and real mechanisms for follow-up achievement and reform will be capable of finding solutions commensurate with the size of the problem."

POPPY, BGG & HAMMERMAN POST, 22 AUGUST

8-22-2012  Intel/Newshound Guru Poppy3   The CBI, as of this week, will start selling portions of their gold reserves.  This is huge.  Ban Ki Moon is over there from the U. N. focusing on the HCL laws helping settle the last couple of amendments.  Talabani is scheduled to come in Thursday afternoon.  Contact, who I believe has a lot of political connections, told me we should have a notification of the RV by Sunday. 

8-22-2012  Newshound/Intel Guru BGG   I believe Talabani will show up sometime this week, it is highly likely they will have a National Conference & in a very short time you will see a currency shift.  If things go well, sometime next week, you are going to see this thing coming at you!

8-22-2012  Intel Guru Hammerman  There are some huge meetings going on at undisclosed locations out west with Obama, Madam Wu , LeGarde, etc. China has retained 200 of the world's top economist and/or IT computer programming specialist & must be available to leave at a moments notice.  Talabani should return back between the 25th & the 29th.  When he arrives back, there will be a big meeting & within a few days of his return and then you will have the official announcements of the National Conference, which has already been done.  There is a whole lot of talk of his return on Saturday.  All cards are on the table.   Everything is done in Iraq, everything is done worldwide, that is why China has retained these people to prepare for this event.  The event and timing are tied together.  We are in a wonderful spot for this event. The end is very, very near.

BWM CHAT, 22 AUGUST


BWM: the whole purpose is to get ppl ready to "BREAK FREE" once this is done... we know the relationships you have formed are special but we also want you prepared in every way for this to be over...  

4formizzou: BWM oh trust me, I am very prepared for this to be over! :-)  

dinarrocks: BWM I AM prepared in EVERY way for this to be OVER, as in "OVER & OUT!!!rofl

BWM: 4formizzou dinarrocks well it will be easy hopefully when this if finally done

BWM: dinarrocks good question... we really won't know... I have explained what I believe both "options" for code cashin to be... first, the code would change the rate, second, the screen would be blank until code is entered... THIS of course IF THE CODES really work   
Cyndee49: BWM As far as protecting our assets... do you feel that for foreign currency if we are worried about Canada that India could be an option... I have heard rumors that it will RV up too??????              

BWM: Cyndee49 I suggest diversity in foreign currencies... and international banking NOT just a multicurrency account with a U.S. bank BUT you need to speak to a professional based on how much you have in USD

Scotzgirl: BWM have you changed your mind about the foreign bank you prefer to use for the multi-currency accounts?         

BWM: Scotzgirl I'm looking at banks that have branches in U.S. as well as other countries.. this will allow a more fluid movement of funds to other currencies              

Cyndee49: BWM My Husband likes Continental Bank... they got his attention when he lived in Chicago going to North Western 

BWM: Cyndee49 everyone needs to choose a comfort zone.. after all, IT'S YOUR MONEY  

sananddan24: BWM is there anything you can tell us to cheer us up?          

BWM: sananddan24 why are you down... I told you the only day no one had was tuesday... and it's almost over       

dinarrocks: BWM Can you suggest a fewl?             

BWM: dinarrocks I rather not get into that with all the junk going on at these banks right now... but look for international banking with U.S. addresses.. if you look at the top banks for safety they are german... but in order to have branches in the U.S. the branch or property is considered "foreign soil" most of these will appear in NY OR close to the border states for Canada  

wisewarrior: bwm which countries u lookin at?    

wisewarrior: i like qatar

BWM: wisewarrior I don't like countries that look like they missing a letter...           

sananddan24: BWM I am sorry but, help me to understand what is the purpose of putting our money in other countries...or should I ask what are the benefits...I know absolutely nothing....          

BWM: sananddan24 ok.. it's not "putting" it in other countries.. it's the protection factor of an FDIC failure and the opportunity to move it fluidly        

Cyndee49: BWM Do you feel that the Nervous Nellies who are telling us that we need another passport with dual citizenship are way too worried about what may happen here or is that a real viable necessity for us to be protected???          

BWM: Cyndee49 I want a passport strictly to be able to move freely and travel... I don't think it's a bad idea strictly from the standpoint of the amount of money it could cost you vs. the benefits...

BWM: Cyndee49 and by passport I mean dual citizenry     

Cyndee49: BWM Thank you We are well connected in a friendly South American country and may be buying property there and that may well be an option we wish to pursue   

BWM: Cyndee49 watch yourself... many will rip you off as "outsiders" have someone locally handle that business for you... trust will be a big issue there          

sananddan24: BWM I have a passport but how can you get a passport for dual citizenship?

BWM: sananddan24 you have to apply... and pay... I will look in europe just because easy cheap and I want to visit there

sananddan24: BWM been to europe about 7 times I love it! But I heard that they are heavily taxing the rich in Europe!   

BWM: sananddan24 I don't have to pay there... I just need a small country to say I'm "from" there...              

oxglove: BWM Post RV...1. purchase your own island 2. Declare it your own country 3. Apply for citizenship 4. Pay yourself off as a top official 5. Grant yourself political asylum 6. Live happily ever after     

BWM: oxglove one word.... PIRATES.. cuz that's what I'm gonna become  

Cyndee49: txgirl I don't know but someone just said they said it is done and $4.24 or some such number went past bfore I really read it    

BWM: Cyndee49 they were saying 4.25 I believe... nothing confirmed yet

*********************************** BOOK Suggestion *********************************

docremeyer:

sananddan24 sananddan24 One of the smartest things you can do for yourself is go find an old copy of "The Millionaire Next Door."It is filled with very down to earth stuff about maintaining a low profile and still living large. Best book I ever read on the subject.

Maliki calls for the United States to speed up the arming of Iraqi forces, 22 AUGUST


Maliki calls for the United States to speed up the arming of Iraqi forces

22/08/2012 12:25
Arbil August 22 (AKnews) – Iraqi Prime Minister Nuri al-Maliki on the need to accelerate the pace of arming the Iraqi security forces, helping to secure Iraq’s sovereignty over the entire land and waters and airspace.
This came during a meeting with his office yesterday evening, the official head of CCAMLR in the Joint Chiefs of Staff U.S. Army Gen. Martin Dempsey, and his accompanying delegation.
The transfer site Maliki for prime minister as saying that “the strategic framework agreement painted all these tracks and we monitor the implementation of what was agreed upon, whether in the field of military cooperation and armaments or in other areas,” stressing “build the capacity of Iraq and equip troops with modern equipment so as to ensure its goals defense contributes the stability of the region and its stability. “
During the meeting, they discussed the current depth of the situation in Syria and the region.
With regard to the situation in Syria, Maliki said Iraq since the outbreak of the crisis, “he was careful to steer clear of interference in internal affairs and work to promote a peaceful political solution.”
He see Iraq posed from the outset, which he said is an integral part of the proposed Representative internationalist and former joint Arab Kofi Annan, through its focus on the need to move within a deliberate political steps leading to the desired change, without giving further violence and bloodshed.
He added that “Iraq presented a paper on this matter for some delegations of Arab States at the Summit, which was held in Baghdad.”
He called to act quickly to stop the bloodshed and achieve the desired transformation of the Syrian people, stressing Iraq’s readiness to provide all he can to do so.
For his part, Chairman of the Joint Chiefs of Staff in the U.S. military believed that Iraq can play an influential role in the Syrian crisis more than any other country in the region due to its privileged position during this crisis.
Gen. Dempsey said that the United States is proud of its partnership with Iraq and progress made on the security side and in the building up military forces on the basis of scientific and professional, stressing the readiness of the United States to discuss all of Iraq’s needs in the field of defense as to ensure its unity and independence.
The chairman of the Joint Chiefs of Staff, U.S. Army Gen. Martin Dempsey, arrived yesterday afternoon Tuesday, to the Iraqi capital Baghdad on a visit during which he will meet a number of Iraqi officials.
http://bit.ly/SnrQUL

MP supports UN role in drafting oil, gas law draft, 22 AUGUST


MP supports UN role in drafting oil, gas law draft


Wednesday, 22 August 2012 12:18
Baghdad (AIN) –Member of the Legal Parliamentary Committee, Latif Mustafa, expressed his support for the participation of the UN in drafting the Oil and Gas law draft to end the disputes over this issue among the blocs.
MP Mustafa stated to All Iraq News Agency (AIN) “There is no harm if the UN Assistance Mission to Iraq (UNAMI) assisted in providing consultancy to setting regulations to organize the natural resources in a similar way to the case of its assistance in selecting the members of the Independent High Electoral Commission.”
“I think the Oil and Gas law draft is very important and causes many disputes especially between the Central Government and the Kurdistan Regional Government since both hopes to impose its will on the draft, so I think the UNAMI’s participation is necessary here through professionalism and neutralism to draft this law,” MP Mustafa concluded.
Some MPs have reported about a US role to involve the UNAMI in drafting the Oil and Gas law draft to end the disputes over this law.
http://bit.ly/Owvw2E

America plans to stop supporting Iraq if it continues to support Iran economically, 22 AUGUST


America plans to stop supporting Iraq if it continues to support Iran economically


22/08/2012
awaiting a number of countries around the world declined Iran’s economy because of the international economic sanctions imposed on it, but U.S. officials say Tehran is still in touch with banking transactions International, and the credit for that goes back to Iraq.
said David Cohen, assistant Treasury secretary American for Financial Intelligence, Network (CNN) said they “will continue to uninformed efforts to prevent Iran from avoiding U.S. financial sanctions and international, either by Iraq or other countries.”
said U.S. State Department is once said that “her country was clear and explicit with Iraq on Iran’s attempts to circumvent financial sanctions, noting cooperation of Iraqi officials. “
and Iraq is the same country that the United States paid a lot to them, because war has cost the former Iraqi president, Saddam Hussein, nearly of 723 billion dollars, in addition to training Iraqi forces, and projects Iraq’s reconstruction, which cost about 6 ‪. ‬ 5 billion dollars.
, trade between the two countries is not new, and some business transactions that occur on the ground legal, but that the United States wants the government of Prime Minister Nouri al-Maliki, stop supporting Iran economically .
and turn said Victoria Nuland, a spokeswoman for the U.S. State Department, the United States had discussed the issue with Iraqi officials when she learned not to the commitment of some banks financial penalties, such as Elaf Bank, to be able to fill the gaps in front of Iran.
said Jon Alterman, an expert in Iraqi affairs at the Center for Studies The International Strategic Iraq is not ready for war with Iran as the United States. added: “It is naive to be surprised by the lack of commitment by the Iraqi government economic constraints on Iran by virtue of the relationship between the United States and Iraq and by virtue of the interests of the current government in Baghdad.”
Baghdad has confirmed that the trade with neighboring Iran and clear and public, denying reports pointed to help Tehran to circumvent international sanctions through oil smuggling and allow it to transfer large sums of cash through secret bank.
said Ali al-Moussawi adviser to Prime Minister Nuri al-Maliki’s” French” :” We affirm that our dealings with Iran in all things clearly and publicly and we have not anything secret, but we feel that we are dealing with the lowest of the extent permitted”. The Iraqi official reports of the sale of Iranian oil through Iraqi ports” sheer lies and fabrications” .
was increased volume of trade between Iraq and Iran – who Tqatla eight years dramatically – since the U.S. invasion of Iraq in 2003, reaching about $ 11 billion a year. has resulted in the war between Iraq and Iran killed about one million people.
mentions that during the past ten years stressed the United States and its allies sanctions on Iranian banks, institutions and companies in order to pressure Iran to halt its nuclear enrichment program. The West accuses Iran of working to acquire nuclear weapons but denies that.
http://bit.ly/O5GRrA

NA Deputy: Maliki is ready to give assurances to implement reforms paper reflected the sincerity of the Government, 22 AUGUST


NA Deputy: Maliki is ready to give assurances to implement reforms paper reflected the sincerity of the Government

Deputy of the National Alliance: Maliki is ready to give assurances to implement reforms paper reflected the sincerity of the Government
Date: 2012-08-22 09: 07: 16 Wednesday
Baghdad (News) … According to the National Alliance Deputy//victory over menkhi, the readiness of Prime Minister to give assurances of political blocs to implement reforms during roof paper-bound, an expression of the sincerity of the Government.
Menkhi said in a statement (News Agency news): there are assurances from Prime Minister Nuri al-Maliki to meet the demands of political blocs and the implementation of a reform on the ground in specific time periods.
She added: that reassurance reflect the sincerity of the Government to implement the demands of political blocs, provided that they are in accordance with the Constitution, noting a willingness among Al-Maliki implemented everything executable.
According to the National Alliance MP: that all political parties will meet after the Festival and its things stuck to reach satisfactory results for all parties and that would eliminate the problems.
Fix paper is three points by inviting all political parties to review the situation in the light of the political crisis experienced by the country and inviting political parties to deal with positive dialogue and put all the files on the basis of adherence to the Constitution, as well as inviting partners to discuss important files and finding solutions in accordance with the time limits as well as the commitment of appeasement
http://bit.ly/PCyx0A