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DINARESGURUS.BLOGSPOT.COM_________________ _______

Thursday, August 23, 2012

MICHINGANDER CHAT, 23 AUGUST


[michigander0131] Annual inflation index rose in Iraq rose 5.7 percent after rising rents and the cost of living and services. He said Iraqi Finance Minister Rafie al-Issawi said that Iraq was seeking to keep inflation at five percent in 2012 with the support of the policies of the Central Bank to control the rising prices, and that he hoped to re-evaluate the Iraqi dinar by 2013.
In August, Iraq declared that it intends to re-evaluation of the dinar by deleting three zeros from the nominal value to facilitate financial transactions
http://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Farabic.arabianbusiness.com%2Fsociety%2Fpolitics-economics%2F2012%2Faug%2F21%2F257813%2F
[michigander0131] great article here
[michigander0131] they say re-evaluate numerous times
[michigander0131] ok well you all have good night/we will see it the rv that is some day

DINAR GURUS UPDATE, 23 AUGUST

8-23-2012  Intel Guru Bluwolf   I FEEL THAT WITH RESPECT TO OUR BLESSING THAT WE ARE NOW VERY CLOSE IN RECEIVING IT.. I CANNOT ADD ANY MORE...INFO IS REAL AIR TIGHT BUT WE ARE LOOKING GOOD...THERE IS A LOT OF MOVEMENT IN ALL ECONOMICAL LEVELS HERE AND ABROAD.

8-23-2012  Intel Guru Blaino   IQD IS CURRENTLY RE-APPEARING ON TELLER SCREENS IN MANY AREAS AND ACROSS THE BACK END OF THE  BANKING SECTOR. THIS COULD BE A PART OF THE PLAN TO HAVE IT JUST "APPEAR" SORT OF SUDDENLY.   TV GUY REPORTED THAT LONG LINES OF TRAFFIC WERE BACKED UP TRYING TO GET INTO THE CITIES IN IRAQ...HAPPY PEOPLE THAT SEEMED CONTENT TO WAIT FOR THE CHANCE TO GET IN...ALSO, TELEVISION SHOWED THE NEW "COINS" BEING DISTRIBUTED AND USED IN THE MARKET BY IRAQI'S.  AS I SEND THIS OUT I AM INFORMED THAT VP "SMOKEY JOE" IS EN ROUTE  TO BAGHDAD FOR NATIONAL CONFERENCE PARTICIPATION. WE HAD THIS YESTERDAY, BUT IT'S NOW FIRM!  I SAY "GREAT!"

8-23-2012  Intel Guru Okie_Oil_Man    APPARENTLY THERE ARE MUCH BEING FINISHED TODAY--WILL INFORM YOU WHEN PERMITTED...LOT'S GOING ON TODAY--IT MAY BE A VERY INTERESTING DAY IN THE DINAR WORLD.

8-23-2012  Newshound Guru Adam Montana   The biggest thing on everyone's mind (both here AND overseas) is the news about Maliki...Everyone is making a big deal about who's doing what over there, and some people even think it means something when they read that maybe Maliki is crooked (duh! He's Iraqi AND a politician!!!)  Business is going to continue, the RV Train is still chugging along, and none of that "noise" makes any difference...this pending RV will make a LOT of money...so why would they not continue to carry the torch? In a nutshell - don't worry about it, because it's basically fluff and noise. The BIG picture shows us that Iraq is still heading to more prosperous days, and we're tagging along. [Post 1 of 7...stay tuned!!]

8-23-2012  Intel Guru SteveI   According to...our sources, the feeling and word on the street is that the new coins will be introduced on or about September 1st.

8-23-2012  Intel Guru Ray     I talked to one guy about the rate being close to the KWD rate. He felt it would be close also because of the oil revenue sharing and the Port revenue sharing.  I also feel the same way. It would be hard to share revenue sources and have different currency rates. That would be an accounting nightmare. They are watching things very closely and promised to let me know right away of any new developments. Hopefully this ride is about over.   [Post 2 of 2]

8-23-2012  Intel Guru Ray   Just wanted to pass a little info to you about Iraq...contacts...said the people over there are still looking at Sept. 1 as an RV date. They haven’t been told anything different yet.  Also, they did see on the news and in some papers that the government plans on releasing the new coins on September 1 too. As one of my contacts told me, if they don’t RV, the coins will be basically worthless and the people there will not use them.   [Post 1 of 2...stay tuned!!]

8-23-2012  Newshound Guru SWFloridaGuy    ...Iraq has options and I do believe a drastic change in the monetary system is required for Iraq to accomplish what we believe they will. It's far more  complex than I had hoped  it  would  be  that's for sure.  I do think Iraq presents a unique situation though and has come along at a very opportune time as we see the  global monetary system struggling.  ...all we can do is hope  that  whatever solution they choose, it benefits the country of Iraq and  anyone holding their currency. 

8-23-2012  Intel Guru TerryK   Couple things going on out there - Iraq is shipping things over to Iran - commodities and money.  USA may cut off economic funding to Iraq because of this - if this happens could slow things down quite a bit.   Got a call from one of my sources, stated there is a certain currency showing up on their screen,  4.65 or 4.85. Waiting for him to call me back.

8-23-2012  Intel Guru Hammerman  alot think the rv is happening now...woooooooo phone blowing up...im not calling anything just hearing wonderful stuff .

8-23-2012  Intel Guru BOBGETZ6   [ I read ...and saw a screen shot of the CBI @ .27 which equals 3.61.]   That should be the Iraqi in country rate via the CBI.  We should do much better, IMO.  I am thinking $5 plus.  I am wondering about the VND.  I am hearing 32-42 cents.

8-23-2012  Newshound Guru SWFloridaGuy      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.  

FRANK, FREEBIRD, DALITE, ZIGMEISTER & MOUNTAINMAN POST, 23 AUGUST


8-23-2012 Frank: Kuwait and Iraq both need their currency to be in the $3+ range in order to do fair and equal commerce and trade business between the two of them. I am here to tell you that the removal of the three zeros from the dinar notes he's (Dr. Shabibi) kept a log for it and he did it and he has two sets of books: one of them with the three zeros listed and one without it.

He has to test run it. He is running the country with these two books. One runs the country and one is paying for the bills. This month (August 2012) the CBI said the project to delete the three zeros (to add value to their currency next month) will pass after the end of the political crisis.

When is the end of the political crisis?
The moment that you see Talabani come out of the hole that he is hiding in the political crisis will come to an end.
8-23-2012 Freebird: It looks like Talabani is going to return the first week of September. Just in time to hold a National Meeting and give the go-ahead to the CBI to make their move. If everything works out as planned, we could be just weeks away from realizing our dream. Keep the faith.

8-23-2012 Dalite:
 That day is, unfortunately (collapse of USD), approaching rapidly. It would start a 3 way love affair in which Iraq would need to consider a move to vacate the falling dollar as their peg, and move to a more successful currency, or basket of currencies in order for any change in value to actually have a change in value that matters outside of their borders.

FWIW, next week is a week of worry for DHS. Emotions are high, and the RNC is being prepared for in apprehension. Today's unemployment figures were not well appreciated by Wall Street.

Gold and Silver are on the rise again, meaning the dollar is on the decline. It wouldn't be a far reach to see Dinar value increase during Forex hours, only to go back to the program rate after hours.

If the Dollar crashes, they may have to consider a move to vacate the dollar to keep the program rate viable as a hedge against inflation, until they pull the trigger on currency reform.
 
 8-23-2012 Zigmeister:
 That would be great if they don't kick those three zero's off the train. However I have a question for you Dalite. In researching re domination a while ago it mentioned countries who are planning on re dominating their currency are a bit more reluctant to do so close to an election.

They are concerned for obvious reasons, if the people are unhappy with the RD result it could be counterproductive for the party who is leading the country.

As I understand it Iraq has elections coming up in 2013, Iraq is a bit squeamish when it comes to taking chances, and who knows what Maliki has in mind, but I am sure keeping his party in the lead is a big motivation if an RD falls flat at first.

8-23-2012 Mountainman: The statement from the CBI couldn't be more clear. Re-evaluation of the dinar by deleting three zeros from the nominal value. Wow!! No specific time-frame or rate but we do know it's going down in 2012 and my suspicions are that it's going to happen right after the National Meeting.

Most likely in the next month or so, maybe sooner!!

OKIEOILMAN POST, 23 AUGUST

[..OKIEOILMAN] APPARENTLY THERE ARE MUCH BEING FINISHED TODAY--WILL INFORM YOU WHEN PERMITTED

[..OKIEOILMAN] YOU GUY'S TALKING ABOUT THE RAIN-----SEND SOME TO OKLAHOMA!!!

[..OKIEOILMAN] IT APPEARS THE WEATHER IS NOW A GOVERMENT PROGRAM THAT WENT ARIE

..OKIEOILMAN]
I STILL THINK THE WEATHER IS CONTROLLED BY THE GOVERMENT (HA HA)

[..OKIEOILMAN] HAVE YOU ALL BEEN KEEPING UP WITH THE RESIGNATIONS AND CORRUPTION BEING EXPOSED IN OUR GOVERMENT?

[..OKIEOILMAN] I THINK IF OUR GOVERMENT WAS IN CONTROL OF THE SAHARI DESERT THAT WITHIN 5YEARS THERE WOULD BE A SAND SHORTAGE 

[..OKIEOILMAN] LOT'S GOING ON TODAY--IT MAY BE A VERY INTERESTING DAY IN THE DINAR WORLD

CRUISER POST, 23 AUGUST

[cruiser] First of all. The fed minutes are released and done!! Secondly. QE3 has been released via the market and media speculation. Not via The Fed! There has been no money printed( and there will not be)and treasury bonds were purchased by the U.S banks on Monday. 

The purpose for that is to keep the politicians out of it. That simple. Now we are seeing the affects. Dollar is down 3 points since the high of the end of July. Markets are coming off their highs. Dow 4.5years SP 4 years. Nasdaq 12 years. That was all on Tuesday. Now since those highs, the Dow is down 300 points (around). Now Gold is up almost 100 points since last Thursday. So much for oil going t $100.00. 

May have to wait til next week for that. Euro, is up. Pound is up. And again the Dollar is down against all. I will be back tonight for a little while. Talk to everyone then.

ADAM MONTANA CHAT, 23 AUGUST


[Adam Montana] MAN it has been hectic for me... everyone, thanks for being patient and forgiving me for the short chat yesterday

[Adam Montana] I wish I had some seriously concrete news to share, but there is NO confirmed RV or anything else that is immediately pressing.

[Adam Montana] The biggest thing on everyone's mind (both here AND overseas) is the news about Maliki - well, I shouldn't say "news", it's more like a Hollywood gossip rag  and that's exactly what my Iraqi contacts are saying.

Everyone is making a big deal about who's doing what over there, and some people even think it means something when they read that maybe Maliki is crooked (duh! He's Iraqi AND a politician!!!)
  [Adam Montana] but honestly, it's no different than a headline that reads "Brad Pitt seen with a different woman!"  does that mean his career is over? LOL ! Absolutely not... the magazines will make a big deal for a couple weeks, then he makes another movie and life goes on

[Adam Montana] Maliki - same thing. Did he smuggle a few bucks out the back door? Of course. Did Shabibi? Probably! Will it happen again? Absolutely! Does it matter? NOT EVEN A LITTLE BIT.

[Adam Montana] Business is going to continue, the RV Train is still chugging along, and none of that "noise" makes any difference.

[Adam Montana] The best part about dealing with crooked politicians is that you can count on them to continue doing whatever it takes to make money, and this pending RV will make a LOT of money... so why would they not continue to carry the torch?

[Adam Montana] Ok, that's my opinion on the latest "scandals". In a nutshell - don't worry about it, because it's basically fluff and noise. The BIG picture shows us that Iraq is still heading to more prosperous days, and we're tagging along.

[Adam Montana] Questions please! kcw, whenever you are ready

[kcw] skitealwedrop Is IQD pegged to USD, GBP or any other currency at this time? Ramadan has ended. Hopefully, the Iraqi's are ready to get back to work. Go RV!

[Adam Montana] The IQD is valued at 1166 per 1 USD. If the value of the dollar goes up or down, then the value of the IQD follows. In that sense, it is indeed "pegged" to the USD

[Adam Montana] that does not mean they can't "unpeg" it, or simply change the rate at which it is pegged.

[kcw] MD34 Adam, As far as I know Iraq takes another long holiday in October till near end of Nov. So my question is if this next window 6-7 weeks closes would you think they would have to wait yet again till the end of year?

[Adam Montana] I don't believe they "have" to wait for anything now that Ramadan is over. They have more "holidays" than I can even remember at most times, but Ramadan is the one major holiday during which nothing seems to get done. Now that it's over, I don't see any major roadblocks

[kcw] SinjinWolf Hi Adam, do IRS agents or other U.S. Federal officers use/monitor this site? What's your opinion on the matter? And what precautions should we take if any? Thanks, Sinjin.

[Adam Montana] If we were doing anything illegal, I would worry. *********   we have many strategies and plans to AVOID paying unnecessary taxes and PROTECT our assets from dangers, but nothing we talk about is illegal.

[Adam Montana] so... my opinion is "so what" if they are monitoring. In fact, I know for a fact that we have several police officers and retired IRS agents that are currently using a few of the strategies that we have

[Adam Montana] Those people have contacts in the IRS that I could never hope to be in touch with if it weren't for them, and we do discuss the legality and any vulnerabilities in our strategies... I can assure you that I'm not worried about a thing in large part thanks to the feedback I get from these people

[Adam Montana] now, if you are planning on doing something illegal... you might need to worry. I'd strongly advise against announcing those plans in public :lol:

[kcw] mustang1000 Hi Adam doing great job,, when we RV , and you send us banks in out country /area do we get a name of manager,, is it wise for us to make appointment with bank as it might be 100s of miles to go ,

[Adam Montana] There's no need to make "appointments". I know a lot of Dinar Dealers talk about making an appointment to cash in with them, but you won't get the same deal with a Dealer as you will with our banks anyway.

[kcw] Hawaii 50 Hi Adam!  Also what is the current state of the Dinar? Is the GoI able to pull it off or will it be postponed for many more months?

[Adam Montana]  The GOI is in a good position to pull this off, so at this time I am waiting on HCL or Chapter 7 news. That's pretty much the last thing that needs to be done!

[kcw] skrappyone Hi Adam, just wanted to hear your thoughts about a conversation I had on the 20th with a man from Kurdistan. First of all he confirmed that…. Thanks in advance.

[Adam Montana] I removed the majority of that question because you are asking me to give my opinion on another person's comments... we have no way of knowing if this "man from Kurdistan" knows his head from a hole in the ground. Just because he's from Kurdistan doesn't mean he knows any more than my Aunt in Alabama. (No offense to my Aunt! Or anyone in Alabama :lol: )

[kcw] Francie26 Hello, Adam. Based on the fact that Ramadan now over, are you getting any new "credible" ideas from your sources about when or how soon the RV is expected to occur? Are we still (hopefully) on for September? Also, does our own looming November election impact this in any way? Thanks much. Fran

[Adam Montana] I don't see our November election being a major factor - an RV of any size will be beneficial for either candidate, for every country in the world, for the entire global economy, etc.

[Adam Montana] With Ramadan being over, YES I am getting credible feedback that things are moving forward, and it almost seems that things are moving faster than ever - but as always, don't count the chickens before they're in the coop. Things are moving, I'm getting great feedback, but we can't cash in yet... so we wait. :tiphat:

[kcw] securityguy Lots of bad stuff about Maliki and Iran in the news. Do you think anyone will actually expose his dealing nationally? I can't help but think the GOI has known about his Iran dealings for some time, but why nothing done about it? Is he that powerful, that no one wants to cross him?

[Adam Montana] Brad Pitt. The gossip will always be there. I can't tell you how many times Brangellina has been on the cover of multiple gossip magazines, but does it matter, or has it affected his ability to get a loan at his local bank? Not at all.

[kcw] jon29 Adam, so many questions in this thread and you have so little time to answer, maybe you will get to this one: With the reports of counterfeit dinar, do you believe it could thwart/postpone a Rv even if the Cbi is ready and all the tumblers are in place until they round up the people involved and identify the false currencies? Thanks in advance, and have a great week.

[Adam Montana] THIS is a great question!

[Adam Montana] The Iraqi Dinar is possibly the most technologically advanced currency on the planet. Obviously they have invested a LOT of money in their money... with that said, why would they do that??

[Adam Montana] Perhaps it's because they planned all along to raise the value to extreme levels, so they took extreme measures to protect it? I believe that's the reason.

[Adam Montana] The problems with counterfeiting seem to be limited to rural areas where they do not have sufficient education or machinery (De La Rue machines) to verify the authenticity of the dinars being exchanged

[Adam Montana] however - when the value goes up significantly, any place that will exchange a large amount of dinars will be getting a De La Rue machine, and counterfeits will be spotted almost immediately

[Adam Montana] my point is this - the effectiveness of counterfeit dinars will drop DRAMATICALLY when the value of the dinars goes up

[Adam Montana] so I don't see it as a huge issue

[kcw] RValreadywillya Good morning Adam! Thank you for taking the time out of your busy schedule to answer our questions. my question for you is: who do you think will make the official announcement of the Dinar? Talabani? Malaki? Shababi? Again thank you for all you do!!

[Adam Montana] I think they are ALL going to run to the nearest podium to announce it... but I think Maliki will run the fastest. He's the most outspoken and shrewd of them in my opinion

[Adam Montana] So, with any luck... they will be racing soon!

[Adam Montana] Hmmm.... with that said, maybe they could hire Bolt to make the announcement :lol:

[Adam Montana] ok, that was it. Thanks for being patient, and as always - GOOO RRRRVVVVV!!!!

BLAINO POST, 23 AUGUST


Blaino:  IQD IS CURRENTLY RE-APPEARING ON TELLER SCREENS IN MANY AREAS AND ACROSS THE BACK END OF THE  BANKING SECTOR. THIS COULD BE A PART OF THE PLAN TO HAVE IT JUST “APPEAR” SORT OF SUDDENLY, SO CALLING YOUR BANK WILL PROBABLY NOT HELP, BUT MAY WELL DELAY THE NUMBERS AND VALUES BEING RELEASED. THERE IS A COMPLICATED BACK STORY HERE INVOLVING GROUP AND EARLY CASHOUT OR “EXCHANGE OPPORTUNITIES” HOWEVER I WILL NOT GO INTO IT AT THIS TIME BECAUSE: 1. ALMOST NO ONE NEEDS TO KNOW… & 2. THERE IS NO EFFECT YOU OR I CAN HAVE ON THIS BUT WAIT ANYWAY… SO CHOOSE TO BE A PART OF THE SOLUTION AND NOT HASSLE THE BANKS, THERE IS NOTHING AT ALL THEY WILL TELL YOU! THANKS FOR HELPING OUT!
YESTERDAY WE HAD A NUMBER OF INTERESTING DEVELOPMENTS:
“BARRY” APPEARS TO HAVE GONE INTO THE NEVADA AREA… AS SOME OF YOU KNOW I WAS TRAVELLING AND IN THE COURSE F THAT TRAVEL I FOUND MYSELF ON A SHUTTLE WHILE I WAS ON THE PHONE DISCUSSING MATTERS WITH OUR IRAQUI TV CREW AND SEVERAL OTHER INTEL PROVIDERS.
ONE OF THE PEOPLE ON THE SHUTTLE OVERHEARD ME TALKING AND ASKED ME MY NAME…. TURNED OUT TO BE A CITIZEN OF PLANET, A LURKER BY HER OWN ADMISSION…. BUT SHE HAD BEEN DELAYED FOR ALMOST 3 HOURS ON A FLIGHT FROM SALT LAKE SO “BARRY” COULD HAVE CONTROL OF THE AIRSPACE TO GO TO VEGAS THEY THOUGHT, BUT LATER THE DESTINATION WAS REVEALED TO BE RENO…. HUMMMMM!!
NEXT: TV GUY REPORTED THAT LONG LINES OF TRAFFIC WERE BACKED UP TRYING TO GET INTO THE CITIES IN IRAQ…. HAPPY PEOPLE THAT SEEMED CONTENT TO WAIT FOR THE CHANCE TO GET IN….. NO IRATE HONKERS, ETC.
ALSO: TELEVISION SHOWED THE NEW “COINS”… BEING DISTRIBUTED AND USED IN THE MARKET BY IRAQI’S.
AS I SEND THIS OUT I AM INFORMED THAT VP “SMOKEY JOE” IS EN ROUTE  TO BAGHDAD FOR NATIONAL CONFERENCE PARTICIPATION. WE HAD THIS YESTERDAY, BUT IT’S NOW FIRM! I SAY “GREAT!”

HAMMERMAN, MCPTRMAN & GYPSO VARDO POST, 23 AUGUST

8-23-2012  Intel Guru Hammerman  alot think the rv is happening now...woooooooo phone blowing up...im not calling anything just hearing wonderful stuff .

8-23-2012 Critical Stage: Recent announcement that does not undermine the option to withdraw confidence from the Maliki. The Declaration of Iraqi Parliament Speaker Osama Nujaifi for freezing the process of withdrawing confidence in Prime Minister Maliki demonstrates that the political process reached a critical stage. The main reason Najafi backed the paper reform provided by the Iraqi National Alliance, was he wanted to grant a chance before resorting to withdraw confidence from the Maliki. Najafi is to give a chance to any reforms on the table provided to proceed with its application on the ground. Any obstruction or the lack of seriousness in the implementation of these reforms will have the option to withdraw confidence from the Maliki is likely. Najafi was announced Wednesday at a news conference the freezing process of withdrawal of confidence in parliament, saying that such a move would not be logical In this atmosphere, if there was a real intent to achieve reforms, they would leave the issue of withdrawal of confidence aside.

8-23-2012 Mcptrman: When the CBI changes the rate of exchange the .00086 it will make the larger notes obsolete. They will have to have smaller notes to do every day purchases. They can take zeros from the actual bill or add zeros to the actual bills but if they do not change the rate of exchange then the Dinar does not gain value or lose value. The CBI has been stating they will increase the value of the Dinar hence they have to be talking about the rate of exchange (.00086). The removal of the zeros from the bills is a bi-product of the proposed increase rate of exchange. I have no doubt that the CBI will increase the value of the Dinar. I also have no doubt that the CBI will introduce lower denomination. The only question is how much will they increase the rate of exchange. Another thing I believe is that this ride is almost over.

8-23-2012 Gypsy Vardo: I thought that this General Dempsey was some run-of-the-mill General. I was stunned to hear that he is none other than the Chairman of the Joint Chiefs of Staff. That makes him the highest ranking military officer in the entire US military, second only to the Commander-in Chief, the POTUS. Now that's some real fire power! It tells me that the military side of this is very serious. Our gurus have sort of down played the seriousness of the Iran/Iraq connection as a big deal. My gut tells me that this situation has been elevated to a very serious level. It may very well not be the RV why he is over there.

STEVE POST, 23 AUSGUT


Let's start with a few facts. PTR says that I met Ray at a gas station here in Phoenix (location will not be disclosed as you will all want Ray to clean your windows), DV says we are the same people. That is way cool, DV's Mrs. Montana says it will RV at least ten cents, and PTR says at least $12.00 plus.

So there you have it, predictions all over the board.

All we can share is what has been provided to us by whom we trust. According to both of our sources, the feeling and word on the street is that the new coins will be introduced on or about September 1st.

For the new members of this site, including the current loyal members and the ones here to just "cut and paste" this post to get bashed, so be it. If this is your only source of enjoyment, then God help you.

Here is some of Ray's contact's information:

Steve,

Just wanted to pass a little info to you about Iraq. Was talking to some of my contacts today about what was going on over there and was able to come up with the following.

They said the people over there are still looking at Sept. 1 as an RV date. They haven’t been told anything different yet.

Read More Link on Right
Also, they did see on the news and in some papers that the government plans on releasing the new coins on September 1 too. As one of my contacts told me, if they don’t RV, the coins will be basically worthless and the people there will not use them.

He said they will actually start throwing the coins in the streets. I talked to one guy about the rate being close to the KWD rate. He felt it would be close also because of the oil revenue sharing and the Port revenue sharing.

I also feel the same way. It would be hard to share revenue sources and have different currency rates. That would be an accounting nightmare. They are watching things very closely and promised to let me know right away of any new developments. Hopefully this ride is about over. Take care.

Blessings,

Ray


My partner in Iraq is hearing the very same thing. Remember, this is on from our sources combined and we feel comfortable in sharing this information.

After talking to Ray, Mrs. DesertDog wants everyone to know that she is now repacking for the last time her moldy suitcase for a one way trip to the beach. Does anyone want to join her?

Everyone has their opinions, including but not limited to many forums, so bashing this information without cause would be anything more than mean spirited. Many sites will post correspondence that are false and not true to degrade the true spirit of intent because their actions resulted in being eliminated from this site.

As a joint business in Iraq we do have a pulse on the activities of the people of that region.

Perhaps not all feel that way, but our sources are from Baghdad and Kirkuk. Perhaps some of the differences in news is based on the regions and the allowed news agencies reporting it.

Below is a map of our sources.
Kirkuk:
Picture
So perhaps this will give you a better perspective of the news we are offering. If anyone can come up with a valid source from these regions, then so be it.

You can do one of two things, be positive and believe in a better future for the Iraqi citizens and hope that the powers to be will promote a new economic giant, or let the people of Iraq suffer more while they announce and proclaim they are now the second largest oil produces in the world.

So this means that Iraq is "rich" as a government but the "people are poor" and will accept that for days on end.

I am sorry to say, but I am looking at a window that is very strong.

Ray and I are very strong in our faith and predictions as to what we believe. If you wish to challenge them and have factual proof then we would love to hear from you rather than bashing them as most do. Let's now step up to the plate and be responsible and act accordingly.

You all can also do one of two things, stay positive and hang in there (my choice), or be negative and keep dwelling on something that has not happened yet. Your call.

I hope you all just continue to sit back and watch this ride come to an end. Some believe that this is positive and some do not, but you have to do what is in your heart. For me, I will and I repeat, will stay positive due to my involvement and hope to pass this on to others. Remember, Ray and I are not in any way promoting this a sure thing. That needs to come from your heart and due diligence.

I believe and still believe that on or before September is a prime window for this to happen. Remember, this is a country, not a specific industry. For those that only follow the Dinar News, why don't you start following the Iraq Stock Market.

Again, we are here only to share what we know and not promote what we do not.

Remember, when wealth is gone, little is lost; when health is gone, something is lost; but when character is gone, all is lost because a change in behavior begins with a change in the heart.

Blessings,

Steve

FRANK CC, 23 AUGUST

Franks Conference Call Replay from Wednesday @ 7 pm est. 8/23/12

shortened version of Franks CC start just past investment talk

Run time 65:23      MP3 LINK

INTEL4U CHAT, 23 AUGUST


[Josey Wales] ALL SIGNS POINT TO THIS INVESTMENT COMING TO END HOPEFULLY SOONER THAN LATER.....LOOK AT THE GLOBAL ECONOMIC SITUATION, NOT VERY BRIGHT. THE CONTROLLING FORCES HAVE SOMETHING UP THEIR SLEEVE, AND ITS GOING TO LEVEL THE PLAYING FIELD FOR MANY COUNTRIES...ITS CALLED THE GOLD STANDARD......REMEMBER THE PARIS CLUB......IT HAS NOT BEEN TALKED ABOUT FOR SOME TIME......THE PARIS CLUB HAS CALLED FOR THE FORGIVING IRAQ OF 80% OF ITS DEBT TO THE NATIONS THAT MAKE UP THAT CLUB......THE TOTAL DEBT IS ESTIMATED TO BE OVER $120 BILLION.....THESE COUNTRIES ALL HOLD DINAR, AND THAT REPAYMENT HAS TO COME SOON.......SIT TIGHT GANG, WE ARE IN A GOOD POSITION, AND ARE WEDGED IN THE MIDDLE OF ONE OF THE LARGEST FINANCIAL TRANSACTIONS IN HISTORY........

[weimar_police] Josey Wales Forgiving debt and reval of currency are two diff things aren't they?

[chillimac] dealdoctor for sure

[cruiser] Look at the Euro. WOW! 1.255. in 2 weeks. Boy are people making a lot of money off this!!
[dealdoctor] Josey Wales Amen! That forgiveness of debt is what Iceland did and look how successful they have been since the crash. Also in the Bible the year of Jubilee was a year in which all debts were forgiven. It gives a blank slate every so often because people make such a mess of things. Usery was once ANY interest at all.

[Josey Wales] weimar_police just another piece of the puzzle to get us to the reval

[whitelions] Aug 23 8:06 AM [ol lar] until a month or so ago , the last time fort Knox was audited was 1953, Basil agreement?Global currency alignment?just coincidence? Just sayin

[weimar_police] Josey Wales yes, I agree

[Jeff] dealdoctor what have you and I and others been saying all along it is coming lol haircuts and forgiveness

[cruiser] Fed Signals Readiness to Ease Without U.S. Growth Pickup: .

http://www.bloomberg.com/news/2012-08-23/fed-signals-readiness-to-ease-without-u-s-growth-pickup.html

[dealdoctor] cruiser Yes I agree GOLD GOLD GOLD is going to be SOLID because it is solid.

[moonchild] cruiser how can such a high rate be justified for the euro when most analysts are describing it as moribund?4

[weimar_police] dealdoctor but, I can't afford gold right now ..

[dealdoctor] weimar_police YOUR IQD is GOLDEN for sure...oil is black gold and Iraq also has big amounts of gold in their country

[weimar_police] dealdoctor oh, I hope so

[whitelions] dealdoctor yes but are you thinking ahead ?

[weimar_police] soon

[dealdoctor] weimar_police you also might consider gold as a portion of the way you divide your wealth after CE

[weimar_police] dealdoctor yes, silver will be first, as I like those old coins

[Josey Wales] dealdoctor good thing you dont....down over 50%

 [dealdoctor] whitelions Yep... I think Gold would be a good 20% of the way we keep some of our wealth also silver and currency in Canada,Australia, China, Hong Kong and Swiss Frank

[whitelions] dealdoctor as long as you put that gold , silver , anything like a preshes metal in a valut that you own and not ina bank or pubilc company in the USA b/c the gov. can take it in times of war with out paying you for it

[dealdoctor] chillimac gold collectors coins or look up Agora Financial but investigate them first

[cruiser] moonchild Becasue people invested in the Euro when it was at 1.20 and are making money off of it.

[dealdoctor] whitelions Agree..they can even take CASH...it happened in Germany after the war I believe

[weimar_police] cruiser If you have money, it is so much easier to make money

dealdoctor] weimar_police The FED makes money without having any money. I call that counterfeiting

[dealdoctor] weimar_police Yes..in today's economy we all live on BANKER PLANTATION

[weimar_police] I keep hearing how diff things will be and this will be world changing.... the question I have is; is it life changing to the behind the scenes, while the 'public' will not really see much diff?

[xyz]  Greece doesn’t need extra money, but more time for cuts - PM Athens does not want more money from creditors, but more time to implement tough spending cuts and reforms, Greece's Prime Minister Antonis Samaras said ahead of visit to Germany.

http://rt.com/business/news/greece-pm-aid-extension-285/

[kids] xyz no $ needed???

[xyz] lol maybe more time to let rv happen

[dealdoctor] xyz It's like Greece"Hey I know I told you I would pay you the $10 by Friday and I still intend to pay you the $10 and meet my full commitment BUT I need you to give me until Friday August 19, 2025. We just need a little more time ok

[trebor1859] It's been a drama filled week. Tuesday night a guru stated a source advised him that RV had taken place. Yesterday 2 different sites stated sources advised of RV showing. Another site was advised for RV by Sunday. Another site stated he would be told at least 30 minutes before RV showing live.

[xyz]  US, China stimulus hopes boost global markets --> World financial markets rose Thursday on hopes that more help for the global economy is on the way, after minutes from the U.S. Federal Reserve showed policy makers favor further stimulus and poor manufacturing data out of China fueled speculation Beijing will take more action to boost its economy....

http://hosted.ap.org/dynamic/stories/W/WORLD_MARKETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-08-23-08-33-27

[WCW] fed are talking about releasing the stumulas package the first of the month since economy has got worst figure that outand u will see the RV

[kids] WCW Where did u hear this?

[fmc1] WCW This stimulus could be th RV!

[weimar_police] it is so easy to read things in RV, that i have become a bit 'jaded' at news :)

[gretco] Cruiser - do you still think we are close? Respect your opinion. Thank you

[weimar_police] read info into it being FOR the rv

[WCW] kids CBS nightly news yesterday

[cruiser] gretco like I said last nght. with in 10 days.

[gretco] cruiser - I pray you are right....

[cruiser] PMI in China lowered. Hmmmmm

[WCW] fmc1 this is why it didn t go 3 weeks ago i told yall big o wants it to go to cover up the RV

[2012jesus] cruiser i think oil has to hit 103 barrel

[dealdoctor] cruiser So much FAKE DEAD money is flooding the market. Hey why not toss it now. Soon it will be replaced anyway. Anyone want my old 8-track tape player?

[blessedandhighlyfavored] cruiser you are on point with the ten days. August 31st here we come.....

[cruiser] 2012jesus why? it has been there before. Oil is primed right now. Gold is moving the last 5 days. Bonds have moved dramatically. Remeber the talk of SPR (Special Petromlum Reserves) on Friday and also this is an election year.

[2012jesus] just think alll comes into play

[BigB] 2012jesus Saw new 100 bills on tv last night but could not tell if it was a UST note or a FRN

[dealdoctor] 2012jesus Wasn't it said that oil needed to be $103 per barrel for the RV to happen somewhere?

[cruiser] dealdoctor QE3 has been done already. It is that simple. The only thing that the Fed has not done is print more money to purchase bonds. But the banks took care of the bonds for them.

[dealdoctor] cruiser got it... so a REAL QE3 happened not just a SIGNALED one?

[cruiser] blessedandhighlyfavored we are on track for it.

[dealdoctor] cruiser SO since we are about to go to an ASSET BASED money system to see all the COMMODITIES gold, oil, along with Bonds all being bought up like wild this would mean that WHEN the change happened to the new sytem those who hold the ASSETS would be in their best position. CORRECT?

[BigB] cruiser Birkshire Hathaway pulled $5.25 Bil from Municipal bonds. They have not said if it was a loss but I find it hard to believe he would risk a loss or even a near loss unless he knew something was about to happen

[blessedandhighlyfavored] cruiser I am agreement with you but I am still looking for our blessing everyday!! Anything is possible at this present time.

[cruiser] dealdoctor Just waiting for the Formality or the actual announcement for Bernake.

[stoner2] cruiser Do you think debt will be forgiven? Like mortgage & student loan debt?

[moonchild] dealdoctor I thought that it had to be over $85 or so

[blessedandhighlyfavored] cruiser Isn't today for the announcement from Bernake?

[dealdoctor] BigB municipalities are going BROKE so would holding bonds they sold really be a good thing now. Once they were double triple safe..not so much now

[dealdoctor] moonchild it sure is over $85 now

MED CHAT, 23 AUGUST


7:30 PM [Med] HEY GANG

[Med] HEY JLSIRROM  HI CALLDINAR  I JUST WANT TO LET YOU ALL KNOW  UNLESS YOU ASK A ? I AM KINDA GOING TO KEEP MY MOUTH SHUT FOR A BIT I WANT TO SEE HOW THIS IRAN/IRAQ THING PLAYS OUT AND RIGHT NOW IF I WERE IRAQ I WOULD NOT BE JUMPING FOR JOY ON THE F16'S CUZ I BELIEVE IF ROMNEY WINS MALIKI WILL HAVE TO BE BEGGING ON HIS KNEES TO GET THEM


I AM GOING TO MAKE A COMMENT ON THE SYRIAN OFFICIAL WHO COMMENTED THAT IF THE U.S. GETS INVOLVED THEN BEWARE SYRIA WILL MAKE IT SPILL OVER OK 
NOW MY COMMENT CORRECT ME IF I AM WRONG BUT ISNT THE GOVT FORCES IN A TOE to TOE BATTLE RIGHT NOW WITH IT'S OWN PEOPLE AND THEY HAVE BEEN FIGHTING FOR ABOUT 20 MONTHS AND HAVENT BEAT THEM

SO WHAT HE IS SAYING TO THE MOST POWERFUL COUNTRY IN THE WORLD WITH THE BEST SOLDIERS IN THE WORLD WATCH OUT GIVE ME A FRIGGN BREAK ALL I GOT TO SAY IS ANOTHER VILLAGE IDIOT

[calldinar] That is the truth
[rowboat] AGREE MED

[Med] I AM THINKING DOESNT ANYONE REMEMBER DANIEL ORTEGA OR NORIEGA OR HUDSON AUSTIN OR OSAMA BIN LADEN

[calldinar] I do

[Med] OR SADAAM HUSSEIN  I MEAN ALL WERE DEFIANT OK GANG I AM GOING OUTSIDE WITH THE WIFE ON THE PATIO I WILL BBL  MED OUT

[FreeG] thanks, Med
[calldinar] enjoy your evening
[okie35] Thanks Med----later

Documents and recordings suggest the involvement of Iraqi politicians money laundering, 23 august


Documents and recordings suggest the involvement of Iraqi politicians money laundering

23/08/2012
BAGHDAD / JD / .. detect the House of Representatives for his conception of the documents and recordings of well-known politicians likely involved money laundering and deposited in the banks of some of Iraq’s neighbors
The Finance Committee held in the Iraqi parliament held a press conference a few days ago, made the involvement of (5-6) political figures with money laundering.
A member of the Finance Committee parliamentary deputy state law Haitham al-Jubouri / JD /: The committee concluded documents and recordings of a number of politicians accused of money laundering and deposited in banks neighboring Albuldna “.
Jubouri said that “politicians involved money laundering operations have deposited large sums of money in the banks of the UAE, Jordan and Lebanon.”
He believed not familiar with the central bank governor these breaches and mafia money laundering completed in collaboration with networks within the bank.
Jubouri revealed “for the formation of a committee of parliament soon, based on Article 103 II of the Iraqi Constitution, to uncover the truth of the names involved money laundering, Mtdarka: But there are still some doubts, you should make sure the archives and detailed information.
He suggested a member of the Finance Committee to parking big heads behind these mafias.
It is noteworthy that Iraqi law required financial institutions in the country, including banks, to implement what determined the central bank and what is the decision of the legal rules, and to inform the financial activities suspicious, including money laundering, and Orteuraleghanon severe punishments for these financial institutions punishment withdraw permission (to cancel the license) financial institutions and penal sanctions and financial penalties, and this is clear from three legislation related to this subject is Law No. 56 of 2004 the Central Bank Law, Law No. 93 of 2004 the law against money laundering, and Law No. 94 of 2004 Banking Act.
http://bit.ly/O57BH1

Iran: Iraq can manage OPEC 2013 and it is well deserved, 23 august


Iran: Iraq can manage OPEC 2013 and it is well deserved

Date: 2012-08-23 12: 42: 44 Thursday
Baghdad (News) … Confirmed Member of the Committee on oil and energy/Deputy/National Alliance, that Tehran Iraq deserves to OPEC manages (2013) because the second oil-exporting States and capable management.
She said Al-Saad (News Agency news) on Thursday that Iraq was one of the first founders of OPEC, but does not occupy any position in the Organization, no staff or even Iraqi service workers, saying: the General (2013) must have gone to Iraq to manage OPEC after Saudi Arabia.
She added: there are staff from all countries, but Iraq did not occupy any position within the Organization and the right to occupy the Presidency of the Organization must be the Secretary-General of the Organization of seven candidates for the Secretariat.
She explained: the OPEC strength of OPEC and Iraq’s second oil exporter and has experts and engineers highly experienced oil and giant oil companies are in licensing rounds which will increase oil production and increase annual exports
http://bit.ly/PIJpfp

Iraq is unable to detect the missing funds during the rule of Bremer, 23 august


Iraq is unable to detect the missing funds during the rule of Bremer

23/08/2012
BAGHDAD / JD / .. unable to investigations and inquiries for knowing the unknown that spent the Iraqi funds during the rule of the civil governor in Iraq Paul Bremer .. As far as the statements of politicians.
noteworthy that the Iraqi government had directed the Committee to Protect Iraqi funds abroad, follow-up file billions lost During the time of the civil governor Paul Bremer and detection fate of these funds as soon as.
demanded the Foreign Relations Committee put the file on the International Tribunal due to the complexity of the subject and the inability to disclose those swallowed these funds.
said committee member and MP for the Rafidain list and a member of the Assyrian Democratic Movement Imad John’s / JD /: “The money lost in the reign of” Bremer “file a complex need for a long time to detect his papers.”
said John, “must be put this file on the International Tribunal for the dissolved and can not Iraq to reach the outcome of it.”
He pointed out that “Parliament is expected U.S. report on these funds and then decide the best solution.”
said a member of the Foreign Relations Committee and parliamentary deputy for Rafidain list and a member of the Assyrian Democratic Movement there are figures U.S. and Iraqi implicated funds lost a civil governor in Iraq Paul Bremer. “
and discuss Vice Chairman Representatives Aref Tayfur earlier with Deputy Special Inspector General for Iraq reconstruction program Ginger Cruz and her entourage fate of Iraqi funds lost and spent the time ruler U.S. civil administrator Paul Bremer.
At ever MP for the rule of law cult new details about the Iraqi funds missing in the era of the civil governor U.S. administrator Paul Bremer.
Waili said in a press statement that “the amounts being scrutinized in the doomed $ 61 billion, and 60 personal U.S. being investigated on the subject.”
and “It’s part of the Truth in auditing the fund for development can (DFI) lost met the Inspector-General George Stuart Bowen at Ahmdaljelba to discuss the fate of the money lost. “
said Waeli “The Inspector General Jaeladqq in money fund development can (DFI) that has been spent in the time of power Alaútdamagueth (under the supervision of Paul Bremer Bremer at the time) and that young man a lot Mnhaalgmod and waste , and is supposed to be 21 billion has been withdrawn from the fund. “
and stressed, “The Inspector General has between there $ 8.8 billion had been spent without documents Srfaw documents showing the disbursement, although it is denoted كمبالغ disbursed in Zmnbremar, and there are 7 billion dollars spent documents contain violations regarding reconciliations, and other amounts worth up to $ 25 billion entered Fund Altnumeihosrvat projects security of military equipment and others. “
said Waeli: The total amount replace audit of $ 61 billion, and that the Inspector General said that there are 60 personal U.S. are investigated with them on these funds will be included names in the report, either names Iraqi will be submitted to the Iraqi government. “
said a member of the Parliamentary Integrity Committee and MP for the rule of law, “said the former Iraqi government had refused to receive projects U.S. to incomplete and completed clearly, but the government was forced to receive these projects a reality imposed by America. “
It is noteworthy that Paul Bremer generated in 1941 was appointed by President George W. Bush president of the civil administration to oversee the reconstruction of Iraq on 6 May 2003.
Prior to his appointment to that position was Paul Bremer heads a consulting firm to crises, a subsidiary of Marsh & McLennan, a company that provides services to companies to help them deal with or recover from any crisis may encounter, such as natural disasters, and the restoration of their products from the market, and violence in the workplace and terrorism.
was Bremer joined the diplomatic corps in 1966, where he was responsible politically, economically and commercially in embassies his country in Afghanistan and Malawi.
Between 1976-1979 was Deputy Ambassador and Acting Ambassador at the American Embassy in Oslo in Norway, also served as executive assistant and special assistant to the six foreign ministers of the Americans.
http://bit.ly/RFUhOD

Member of Economic Committee: No need for a new investment law; Should just amend the original law of 2006, 23 august


Member of Economic Committee: No need for a new investment law; Should just amend the original law of 2006

Date: 2012-08-23 07: 51: 13 Thursday
Baghdad (News) … Member of the Economic Commission of the Iraqi coalition Deputy from//Qusay Fri-Abadi, new investment law does not require activation as a result of a law, and legislator in CA (2006).
He said Abbadi (News Agency news): the multiplicity of laws on the same subject will complicate the work of the Iraqi economy, noting a General Investment Act (2006) and does not require new legislation but amendments to the old law only.
Explained: the new investment law was issued by investment and no House and no executive power, but with some investors, demanding amendments to the law on investment in (2006) instead of issuing a new law is running Parliament and does not change from investment contracts, but merely a “waste of time”.
http://bit.ly/Pex8wN

CBI: Iraq has no interest in breach of sanctions on Iran, 23 august


CBI: Iraq has no interest in breach of sanctions on Iran

23/08/2012 02:27
BAGHDAD / Bri Center for the Iraqi Media Network – said the Central Bank of Iraq that Iraq did not have any interest in breach of international sanctions imposed on Iran, calling for Iraq is excluded from these sanctions in accordance with the UN Charter on the grounds of his dealings with Iran are purely civilian.
The deputy governor of the Bank the appearance of Mohammed’s (Center Brief for the Iraqi Media Network) that “there is some kind of confusion through the accusations directed to Iraq on circumventing the sanctions imposed on Iran,” he said, adding there was “no interest to the Iraqi government from any angle in things like this. “
He added that “all what is being talked about is either an attempt to confuse or shows a lack of knowledge in the trade deal between the countries.”
He called the deputy governor of the Bank to “Iraq is excluded from the sanctions imposed on Iran and that under Article 50 of the UN Charter, for there to be transparency in the issue of dealing with this issue, especially that Iraq’s trade with the Islamic Republic of Iran are purely civilian.”
The international community imposed sanctions on Iran regarding the export of oil and other financial over its nuclear program.
And linked to Iran and Iraq trade relations exchange volume reached nearly $ 10 billion, pushing the Baghdad government to call on the international community in cases where those sanctions.
http://bit.ly/R3qYic

Annual inflation in Iraq has reached 5.7 percent, CBI discussed re-evaluation of dinar as of last year, 23 august


Annual inflation in Iraq has reached 5.7 percent, CBI discussed re-evaluation of dinar as of last year

Tuesday, August 21, 2012
Annual inflation index rose in Iraq rose 5.7 percent after rising rents and the cost of living and services.
Said the spokesman of the Ministry of Planning and Development Cooperation of Iraq Abdul-Zahra al-Hindawi, said that «indicators annual inflation for the period of the month in July 2011 until the same month this year rose 5.7 percent for reasons of higher prices of goods and services, which include food, rent, transportation, communications, health and education» .
Hindawi said «Central Bureau of Statistics of the Ministry completed the inflation report for the month of July 2012 on the basis of field data collection on the prices of goods and services components of the consumer basket of selected sample of outlets in all governorates of Iraq.
Hindawi between the indicators of inflation for the month of July this year other is increased compared to the previous month of June by 0.3 percent.
He said Iraqi Finance Minister Rafie al-Issawi said that Iraq was seeking to keep inflation at five percent in 2012 with the support of the policies of the Central Bank to control the rising prices, and that he hoped to re-evaluate the Iraqi dinar by 2013.
Issawi told Reuters he hoped to control inflation again at about five percent in 2012 by some of the central bank’s policies.
The annual inflation rate accelerated primary in Iraq to 7.1 percent in July from 6.4 percent in June, driven mainly by rising house rents.
Issawi said he did not believe that inflation will rise, adding that it has increased in the past few months to more than six percent, though the central bank tried to change its policies to control it again.
An official at the central bank said in June that it is not expected to exceed the annual inflation basic seven percent in 2011, because the economy has remained relatively stable with the stability of the flow of goods and the absence of any unexpected expenses governmental.
In August, Iraq declared that it intends to re-evaluation of the dinar by deleting three zeros from the nominal value to facilitate financial transactions.
Issawi said the central bank was prepared his study for submission to the government and that he hoped to complete it by 2013.
The CBI began discussing re-evaluation of the dinar last year in order to facilitate financial transactions. Still, many transactions in Iraq are in cash because of the development of the banking system.
The Iraqi dinar is trading in the auction at a fixed price at 1170 dinars to the dollar.
Issawi also said he expected that the level of unemployment ranges between 15 and 23 percent this year.
http://bit.ly/NKItV3