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Thursday, October 4, 2012

WORDS OF WISDOM, 4 OCTOBER



[Precious] target: Blaino will post Wisdom .....Words of Wisdom... As of yesterday, we've heard reports coming in on the news networks that the Iranian Rial had dropped 40% causing riots in the streets due to government mismanagement and tightening of sactions by the US.

 We now are getting releases from the CBI stating that the dinar stands at 1.18 USD per Dinar. This again being due to a manipulation of the auctions of the buying and selling of the Dinar to strengthen it and back it by the US Dollar. I still believe that the rate of $1.30 that came out a few weeks ago was a solid and accurate report that was not supposed to go public just yet, because we only heard a few days ago that it was at 1:1 against the dollar, now you hear about 1.18 rate as of this morning, so you see this is something that is realistically viable to change in such a short time to be able to climb 18 cents in a matter of a few days.
I still think that they are understating the true value of the Dinar at this point. Keeping a lid on the actual rate that it holds to the public. There is no reason for them to make any of these rate statements except for public relations boasting at this point since as we all know it is still able to be purchaced at 1166 per dollar.

So what does this mean, well it means that the Dinar estimated value is a projection of what it would come out at when they are allowed to go to a tradeable currency once the UN sanctions are removed and the CH 7 status has been lifted. Makes me believe that what they are doing is creating the perception of a value for "In Country" at this time as to not cause a shock   throughout the economy of Iraq once this is released at it's "True Value".

We had always discussed in the past how it would be released and not cause major problem going from being worthless to becoming more valuable than the US Dollar, well I think we're seeing how they are making the transition within Iraq. There is still a lock down on the boarders of Iraq from taking Dinar out of the country. Restrictions that must be in place in order to control the flow of currency in order to make this work, and control that kind of monitary value shift falling into the wrong hands.

 I still believe that if this is a pushed to finish up on the final issues that the Iraqi government faces, by the US government before the elections, we should see the National Conferrence take place as a final step to announcing the completion of Article 140, the HCL Laws, and most importantly the implimentation of the Erbil Agreement, ready to go through at or about the same time as the release from CH 7 being announced.

 I think they have met all the stipulations of CH 7 and now it's just a matter of timing. The coordination possibly being an 11th hour move with our present govenment to sway the election, as seen in quite a few of the past presidental elections in the US.  This Has Been .... Words Of Wisdom!

BLUWOLF CHAT, 4 OCTOBER



[bluwolf] BUENAS NOCHES;; I HAVE COME IN TONIGHT TO GIVE THANKS TO ALL FOR YOUR PRAYERS DEDICATED TOWARDS MY DAUGHTER ZAE,, I ALSO WANT TO THANK PASTORED AND THE REST OF THE FOLKS THAT IN A CONFERENCE CALL ALSO PRAYED FOR MY BABY.. LIKE I SAID MY CHILD HAD A TUMOR IN HER THROAT,THEY DID A BIOPCY AND WE WERE WAITING FOR THE RESULTS.. WELL I WISH TO INFORM THAT ALL CAME BACK NEGATIVE AND THE BEST PART IS THAT THE DOCTOR AFTER TAKEING ANOTHER XRAY YESTERDAY CAME BACK AND STATED THE FOLLOWING THIS IS A MIRICLE IT IS UNEXPLAINABLE,THERE ISN'T ANYTHING THERE,,WHERE DID IT GO,, I AM A BELIEVER THERE IS A GOD..

[pappyy] bluwolf Praise God!! He is good!!!

[puppylove] bluwolf Good Evening, great news!!

 [Jester] bluwolf woo hoo! wonderful news!

[bluwolf] THE GLORY IS TO MY GOD,,AMEN

spades] bluwolf no only if he could just do this rv thing for us . lol I am glad to hear that she is going to be fine

[wheezer2] bluwolf.....was there an in country RV? are the smart cards activated
[bluwolf] wheezer2 YES YES AND YES

dealdoctor] bluwolf since you say to wheezer2 there was an in country RV and the smart cards are activiated. Do we have a rate of exchange on that in country RV?

 [wheezer2] bluwolf regarding Chapter VII.. has it been confirmed in the transcripts that it was lifted?

[bluwolf] wheezer2 TO MUCH TO SOON

[wheezer2] bluwolf what do you mean?????

[bluwolf] JUST THAT

[Andrin] Gotta go international with the currancy first

[spades] baby steps wheezer2

 [bluwolf] LET IT BE KNOWN THAT ANY NEWS RELATED TO THE DINAR WILL NOT BE ANSWERED AT THIS TIME BY ME

[sananddan24] Bluwolf what about the VND?

[bluwolf] NOW IS A TIME OF SILENCE FOR I WANT TO BE HEADING TO THE BANKS SHORTLY.. DON'T YOU?

 [sananddan24] Bluwolf what about the VND?

[bluwolf] NOW IS A TIME OF SILENCE FOR I WANT TO BE HEADING TO THE BANKS SHORTLY.. DON'T YOU?

 [feda] bluwolf glad you came in to share you Praise Report

[bluwolf] YES THE TUMOR JUST DISAPPEARED

 [bluwolf] THANK GOD.  IF ONE THING WAS GIVEN FORTH TO ME THE OTHERS WILL FOLLOW BECAUSE ALL HAS BEEN ACCOMPLISHED

 [bluwolf] bouv I HAVE A BETTER ONE SILENCE FOR I AM THE LORD YOUR GOD

 [Spec1] !bluwolf bluwolf I have seen and been a part of some miracles that the Lord did over the years and to hear the report from youi about your daughter makes one want to jump and shout ... The Lord has a job for you daughter and he will show you what it is in the next year. Thank you for your stand.

 [bluwolf] pastored REMEMBER WHAT I PRAYED FOR, WITH ONE MIRACLE COMES THE REST

 [bluwolf] THIS CONFERMATION ONLY TELLS ME THAT ALL WAS HEARD AND ALL WAS ANSWERED

 [weimar] bluwolf I understand keeping sildent, but what about these guys on recaps that can't keep silent?

[bluwolf] weimar BLACK HELICOPTERS

[pastored] so Bluwolf, u can come on our prayer call anytime sir

 [bluwolf] pastored TY I SHALL

 [bluwolf] I HAVE A SAYING IF YOU LEAVE THE DIRTY WATER UN STIRRED YOU WILL BE ABLE TO DRINK FROM IT LATER.   DO I MAKE MY POINT

 [buddydog] bluwolf DOn't be using a straw to drink or stir up stuff

[bluwolf] ONE THING I WILL SAY EVERYTHING SAID BY ME IN THE PAST HAS NOT CHANGED AT ALL.

 [wheezer2] bluwolf and i am verrrrrrry thirsty and need to drink NOW :)

 [bluwolf] WITH THAT SAID I KNOW THAT YOU ALL KNOW WHERE WE ARE AT AT THIS TIME AND IN THE POSITION WE ARE IN,IT DOES NOT GET ANY BETTER

[pick3king] bluwolf next year

 [bluwolf] SO KEEP THE STRONG FAITH,NEVER LOOK BACK,,AND DECLARE IT IN

[cookieburr] I declare it!!!

 [bluwolf] pick3king BE CAREFUL WHAT YOU WISH FOR,DO NOT RUIN IT FOR THE REST

[tatortot] pick3king Why so negative?

[pastored] declare degree speak that which is not as tho it is n Jesus name

[dinar1203] bluwolf - RV would be much BETTER!!! just sayin lol

[bluwolf] LAW OF ATTRACTION

 [captaincaveman] bluwolf We declare it done.

 [bluwolf] captaincaveman SO DECLARED

[weimar] bluwolf AMEN

 [bluwolf] WHAT THE MOUTH SPEAKS THE THE BODY GETS.  IT HAPPENS EVERYTIME

[tatortot] pick3king We are not talking about next year. We are declaring it NOW.

[bluwolf] tatortot AS IT SHOULD BE

[pick3king] tatortot i have seen nothing that says this year

[bluwolf] FOR WE HAVE WAITED SO LONG

 [captaincaveman] pick3king You will be happily surprised then.

 [pick3king] captaincaveman AMEN. AS WILL ALL

[Spec1] bluwolf I recall about a year ago or closer to two , the Lord gave you a rate. IS it still the same?

[bluwolf] Spec1 IN MY EYES YES

[tatortot] pick3king We have a big God who can cure tumors. Do you not think it can bring this to us? Do you doubt that?

[bluwolf] pick3king WELL MY FRIEND MY DAUGTHER WAS CURE AND THE TUMOR DISAPPEAR

 [tatortot] pick3king Then don't doubt this.

 [Spec1] bluwolf so let it be written so let it be done....

[pick3king] bluwolf thank the lord for her

[tatortot] pick3king Then don't doubt this.

[bluwolf] Spec1 AMEN

bluwolf] AS CALMLY AS I AM ,CALMLY I WILL SAY THIS ALL HAS BEEN ACCOMPLISHED SAYS THE LORD,,I BELIEVE IT I DECLARE IT AND I WILL LIVE IT..HOW MANY SAY AMEN

SHREDD & THE CBI MANAGED TO CONTROL THE EXCHANGE RATE OF US AGAINST IQD AR 1.18 OR 1.19, 4 OCTOBER

CBI: "Iraqi Dinar's price recovers against US Dollar", 4 october 2012

CBI: "IRAQI DINAR'S PRICE RECOVERS AGAINST US DOLLAR"
Baghdad (AIN) -The Central Bank of Iraq stressed "The stability of the US Dollar's price against the Iraqi Dinar since the Iraqi Currency witnesses clear recovery."
The Deputy Chairman of the CBI, Mudhir Mohamed Salih, stated to AIN on Thursday "The Central Bank of Iraq managed to control the exchange rate of the US Dollar against the IQD Dinar at 1.18 or 1.19," noting that "All the exchange offices make up to 5% of the demand for the US Dollar."
"The largest rate of the demand of the Dollar goes to the money orders for purposes of financing the foreign trade and Iraqi's imports," he added.
"All the money whether huge or little sums are controlled by the applicable anti-money laundry law which can discover anything that violates the law," Salih concluded. /End/
http://www.alliraqnews.com/en/index.php?option=com_content&view=article&id=19929&catid=37:economy&Itemid=41

Shredd] also, look at the context of that article
[Shredd] says cbi managed to....
[Shredd] past tense
[Shredd] lol and we missed it??? 
[grashopa] lightingcslt .........no I didn't.... 
[Shredd] lol gras
[lightingcslt] grashopa you brought it in 
[lightingcslt] did too 
[lightingcslt] lol 
[lightingcslt] grashopa j/k
[Shredd] the good news imo
[grashopa] lol 
[Shredd] is this is yet another article
[Shredd] showing us how the cbi is working hard to get the pricing consistent
[Shredd] seems like setting the stage
[Shredd] for the change
[Shredd] so if they can shore up the problem with the auction price differences
[Shredd] then they can implement the next rate change
[Shredd] just my opinion
Shredd] but why else would they be hammering so hard on getting the pricing between the dollar and dinar consistent
[Shredd] its like putting on the suit for the party 
[Shredd] puzzling tho that that article has 1.18 or 1.19.
Shredd] the applicable anti-money laundry law
[Shredd] another indicator of the banking infrastructure
[Shredd] regulation and compliance

BGG TRANSCRIPT OF CC, 4 OCTOBER


Shout-out to sponsors, thanks mods, and Poppy, who is downtown taking care of some business.

News of the day: Wow, wow, wow. The last 48 hrs is just crammed with news. The blog is full and was posted at 5:00 AM and all the news everybody is just finding out was posted on the blog that early.

Ton of good stuff - be sure you check out the chat comments. Really I should be more direct. I guess I'll put more of my own commentary... I don't view all that stuff about Maliki being up in Russia as being all that bad. He has apparently seen something in the water that caused him to head to Russia and attempt to develop an alliance with Russia and dangle that oil carrot there to see if they would bite. 
Maybe to buy weapons from them? I think he saw something in the water he didn't like and he's doing rhetoric that he's gonna form a majority govt and go to Russia and get some weapons. Nothing to be alarmed at. What caused him to do that? He has seen something in the political waters that caused him to do that.

Something had him spooked enough, and I believe it was a coalition organized against him. I think if he intends to not play ball with the partnership govt then everyone else getting on the same page looks very damaging to him. Will that happen? It's still a little early to tell. His going to Russia on Monday and throwing those threats around is not bad at all. It won't even slow things down much at all.

Going back to yesterday's blog... The biggest negative thing was that Maliki was talking about not forming a majority govt and headed to Russia and I think in the long run that won't be bad at all.

A couple of great pieces in yesterday's blog - a BBC podcast about Iraq/Kurdistan oil relations, which is a fabulous listen. It kinda gives you a central govt spin on things. It gives a peek into what we are up against. The Kurds are on board. I think this will work out in the end.

Also a very long interview with Allawi, which kinda gives a feel for where they are headed. I think if Maliki doesn't play ball, they have in place what they need to take him out. One roadblock is the Federal courts law, which they are working on right now, and also they will probably do a dry run in Parliament with interrogating this Minister of Education as a test case. That's the holdup with Maliki.

It's possible based on today's news... Remember I said yesterday the only three components left are Maliki, Allawi, and Barzani. Talabani has met with everyone else. There's an article out today that they are going to implement Erbil rigorously. They want to get this done as quickly as possible, but I'm almost possible they will want part of the Erbil agreement to be retracted. Everyone was looking for Allawi, but the guy he really needed to meet with was Maliki first. He needs Maliki to sign off first. First thing out in the news this morning is that Maliki and Talabani have already met today. Biggest news of the month.

There was an article that came out early today from the CBI chairman that the CBI had managed to control the exchange rate at $1.19. There is a lot of hype about this article, but at this point I think this is a translation issue (comma vs.period) which would make it 1190. We don't need to get stirred up by the hype. I could be wrong but we don't need to get stirred up about that, but we'll keep an eye on it.

Dr. Qusay al-Suhail chaired a very successful meeting with the oil ministers to discuss the HCL law, and this is an interesting character to be heading up that debate, because this is the guy who might be the darkhorse candidate to replace Maliki. He is a Sadrist. Also note that Talabani had a meeting with him yesterday about the national meeting, and make note that Talabani and Malike had a meetingh today, and the timing is interesting. And it is interesting that al-Suhail gets as much airplay with Talabani - the fact that he also chairs the HCL meeting. The Kurdistan Alliance is saying that the SLC is just making hollow threats They can't form a majority govt.

Al- Iraqiya is calling for Talabani to speed up efforts to hold this national meeting, but the critical meeting was Maliki and Talabani, to see what Maliki is willing to give up, before he could offer anything to Allawi and Barzani in their meetings. We will see "soon" if everybody is going to do what they said they would do to have the national meeting. Looks pretty good to me. They are under some serious pressure to get this done, given the impending possible administration change in Washington. I'll talk about this one more time. At some point, I made an assessment that is being affirmed by both Liberals and Conservatives that our foreign policy is a shambles, and Iraq know it. It is all about votes. So lets make it about votes. Get out there and vote. They know that a different administration will have a difThose are my thoughts. The big news is the meeting with Maliki and Talabani. Lets keep our eyes on the very near future and not get caught up in the hype. all these meetings are great news.

I appreciate everyone tuning in. We will bring more updates when we have them. Poppy says get your bags packed - it's coming soon. If this plays out like it looks like it will play out, we are coming to a fork in the road very very soon. Have a great rest of the day! ferent foreign policy and will not let Maliki run wild like he has. They are going to put a leash on him.

AN IRAQI WHO GOT BACK PAY ON HIS SMART CARD YESTERDAY CLAIMS HE GOT $3.42, 4 OCTOBER




3:20 PM target: Oct 4 11:59 AM [Blaino] WHY DOES THIS SOUND LIKE AN RV?  
$11.18 TO $1.19..... IS THAT WHAT WE ARE SEEING? 

Blaino] THIS JUST IN FROM "ALL OF IRAQ NEWS AGENCY":::::Baghdad (AIN) -The Central Bank of Iraq stressed "The stability of the US Dollar's price against the Iraqi Dinar since the Iraqi Currency witnesses clear recovery." 

The Deputy Chairman of the CBI, Mudhir Mohamed Salih, stated to AIN on Thursday "The Central Bank of Iraq managed to control the exchange rate of the US Dollar against the IQD Dinar at 1.18 or 1.19," noting that "All the exchange offices make up to 5% of the demand for the US Dollar." 

"The largest rate of the demand of the Dollar goes to the money orders for purposes of financing the foreign trade and Iraqi's imports," he added. "All the money whether huge or little sums are controlled by the applicable anti-money laundry law which can discover anything that violates the law," Salih concluded. /End/

Oct 4 12:00 PM [Blaino] IVE READ AND RE-READ IT....

  3:20 PM target: Blaino: BIG 4 BANKS HAVE A "CURRENCY REVALUATION NOTICE/WARNING" .... EXPIRES FRIDAY 12:42 PM Blaino: THESE NOTICES DO NOT SPECIFY WHICH CURRENCY
3:21 PM target: Blaino: ALSO...  BRACE YOURSELF....  BROW????  OK...  WE HAVE A CONNECT TO AN IRAQI WHO GOT BACK PAY ON HIS SMART CARD YESTERDAY.....  WENT TO EXCHANGE/WITHDRAW SOME USD....
 
3:21 PM target: Blaino: CLAIMS HE GOT.....CLAIMS.....  $3.42  WHICH FITS "PERFECTLY" WITH NEEDS ASSESMENTS AND SO ON! 

WAITING ON SOME MORE CONFIRMATIONS.... MEBBY A COPY OF A RECIEPT  OR SOMETHIN CONCRETE...
 
3:21 PM target: Blaino: HOLD YOUR POSITIONS!  NO CELEBRATING TILL WE CAN GET PROOF POSITIVE.... : ..Ms.Adele SPIN UP A CALL FOR TONIGHT.... MEBBY 10:30 EDT?  OR 7:30PM.....EDT, SO AN HOUR BEFORE OR 2 HOURS AFTER TRUSTS CALL

DINAR GURUS UPDATE, 4 OCTOBER


10-4-2012  Intel Guru Winalot  [new guru]   just off of the phone with 5/3 bank...They have been notified of the rv!  My bank told me when THEY called ME that they were aware of a rv in Iraq. They said that there was NOT a buy rate yet. That would also mean that there is NOT an international rate yet either!  They then told me that they would contact me AS SOON AS there was a buy rate!

10-4-2012  Newshound/Intel Guru BGG    Wow, the last 48 hours is crammed with news.  The biggest news of the day, the biggest news of the month, is Maliki and Talabani have actually met today.  Also, there was a meeting yesterday with the oil ministers and all of the leaders of the blocs to discuss the HCL Law.  It was a very successful meeting.  There is a lot of pressure to get the National Conference done.  We should see something very, very quickly.  They are probably under some pretty serious pressure to get this done.  Poppy3 said to get your bags packed, it's coming soon!

10-4-2012  Newshound Guru Enorrste    I remain concerned about how much influence Maliki has or will have in restraining Shabibi. However, given the fact that Shabibi has been astute enough to enlist the support of the entire Parliament plus most of the influential economists in the country prior to his "going public" with these various conferences, it seems to me that he is determined to move ahead with or without GOI approval.  It is also clear that Shabibi does not have the GOI behind him at this point. This is evident in that he has set back the "remove the three zeros" and the introduction of the new currency until at least 2014.  However...the changing of the rate is still in play and can occur at any time. Once he releases the currency to float freely in the market, which is entirely his right to do, Maliki will have no control over the rise in the value of the IQD.  We must keep...our focus on the rate change only. Everything else is just politics.

10-4-2012  Newshound Guru Kaperoni   In June 2012, the CBI held a high level Symposium...To come up with a new solution to achieve the same results...which is raising the value of the dinar to move the economy forward.  That plan was kept under tight wraps until just last month...this team was aware of some of the new details, which we shared as we found them out...details which included a change from the RV to a free float.  Though a new plan is in place for a free float of the Iraqi dinar, it is clear that Maliki does not want this to proceed and is doing whatever he can to stop it. Will he have success? Only time will tell.  [post 2 of 2]   [Full report will be sent out later today or tomorrow.  Sign up above to make sure you get the full details.]

10-4-2012  Newshound Guru Kaperoni     In recent days, many articles have surfaced that have changed the landscape of the Event.  Whether an RV or free float, it appears that changes are in the works.  I believe last year, and again this Spring (April), the CBI’s plan was an “overnight” RV at 1 to $1 or thereabouts. This was confirmed in the SIGIR report and various articles.  Unfortunately, the GOI, and particularly, the CoM has been adamantly against this plan from the beginning and stopped it.  [post 1 of 2....stay tuned]

10-4-2012  Intel Guru BOBGETZ6  [10:36 AM]   I have heard of a possibility today, but it is not a confirmed exact thing.  I hear there is excitment and expectation. I would urge being grounded until information is confirmed.

10-4-2012  Newshound/Intel Guru BGG   Article:   "Talabani and Maliki agree on a road map out of the thought of the current crisis"   This is the prelim to the “final meetings” – ...the final piece of the puzzle was for Talibani and Maliki to meet before Talibani meets with Allawi and BarzaniIt could signal that we are either very, very close to the end or the veil is about to be pulled back. One of the two. 

10-4-2012  Newshound Guru Adam Montana   I think we are going to get a 90 days to a year before they phase out the current currency.  If we are lucky, and if they are smart, they will allow the value to grow as they are exchanging old for new notes. The CBI can make a ton of money doing this.

10-4-2012  Intel Guru Bulldog75    Iraq's oil exports rose to 2.6 million barrels per day in September, their highest level in three decades; the country aims to hit 6 million bpd by 2017, which would put it close to Saudi Arabia's current level. Even if unstable politics, militant violence and bureaucratic inefficiency prevent that target from being hit, Iraq still seems to be on the threshold of an oil boom that will transform its finances. Inflows of new oil revenue could give the country big external surpluses and push state finances deep into the black by late this decade - the classic recipe for a strong currency

SCOOBY, KAPERONI,ZIGMEISTER, PHOENIX, BOBGETZ, MOUNTAINMAN, UNIROD, SWFG, CHEEVO, HOOSIER, SANDSTORM, BUTIFLDRM, LORIC & BGG POST, 4 OCT

10-4-12 SSO_Scooby (Reporting From Kuwait): Ok folks went down and talked to the exchange guys and 5k IQD will get 4.50 USD. So, that article about 1 ISD and change is not what folks were thinking. The rate has not change anywhere. I tried and got right from Arabic folks. Even my Iraqi friends called their family got the same info from their family in Iraq. Nothing has happened. Went to 12 diffrent exchanges and 7 banks and got the same thing nada, nothing, nilch. Same rate as before, nothing changed.

10-4-12 Kaperoni: Not much more to say on this subject other than what was said on the CC. Which was they were in a "testing phase" of the platform. The platform is, in essence, a trading room developed specifically for trading the dinar. So once it goes on the "float" the system will be ready. That testing phase started end of last month and will be completed by mid Oct. What happens after that, I don't know. It's not a simple thing. And it's not like we have all the answers. Simply naming someone means nothing until it is part of the plan and factual. Until the CBI announces they are going to put the dinar on a float, and the platform and capacity, it all means nothing. When we know more that is relevant, we share. Iraq needs to account for as much as 10 trillion dinar sold outside of Iraq. The dinar we hold. There is only one solution for that as stated by Saleh himself last year when he said..the dinar will be held a reserve currency around the world for a very long time. Or something to that effect. So, in order for that to happen, a facilitator needs to become part of the plan. As well, part of that plan would include some kind of float to make the plan viable and profitable enough for central banks to play in the plan. That whole thing will be an enormous task for any entity. I refrain from naming anyone and will let this come to us. It is an exciting time to see it play out.

10-4-12 Zigmeister: This seems a bit more real than all the other times folks. Seriously. "Erbil agreement will be implemented and will abide by its decisions." Read more 

10-4-12 Phoenix3333: Iraq's Ministry of construction signs MOU with (age) in the UAE in housing. "To sign the contract on the sidelines of the Ministry's participation in cityscape global in Dubai, which includes major international companies in the field of building and construction. Iraq is a promising market and great ambition to be a lifeline for large global companies and discreet in Iraq to take advantage of these opportunities as well as creating partnerships with the Ministry for development and introduction of modern technologies and engineering and technical personnel training, in addition to benefiting from the experiences of major companies in the area of housing, roads, bridges and public buildings. This Convention is beginning to enter the corporate world to Iraq that discreet is open to all companies wishing to work. Chairman of the Emaar move and expressed his pleasure to work in Iraq, asserting the company's willingness to engage in Iraq in all areas reconstruction."


10-4-12 BOBGETZ6: I have heard of a possibility today, but it is not a confirmed exact thing. I hear there is excitement and expectation. I would urge being grounded until information is confirmed.

10-4-12 Mountainman: More good news today showing progress and continued efforts to resolved the oil and gas law and Chapter VII removal. The reform paper is still on the table and I think that has power sharing in it. All could fall in place very quickly.

10-4-12 Unirod: This is all tactical and the CBI is playing dumb! They are scooping up Dinars at a discounted rate knowing full well what is going on. The CBI is using ME conditions as an excuse to claim instability in the exchange rate. The CBI does not care how the Dinars are scooped up, Black Market rate or otherwise, just that they are coming in to the cophers at discount IMO.

10-4-12 SWFloridaGuy: The IQD rate is not 1.19. The latest rumor is coming from an article that featured nothing more than a translation issue. Arabic translations sometimes replace a period with a comma. In the same article they got it right when they said "CBI: we catch the exchange rate at 1190 dinars to the dollar." We've seen them do this many times in the past. The market rate is around 1190, that is all. Ignore those who are claiming that we had another in-country RV. There is plenty of real progress to focus on where Iraq is concerned. We don't need to fabricate hype.

10-4-12 
Cheev
o: "The Deputy CBI governor told Reuters that he expected redenomination of the dinar to go ahead in 2014 or later, by which time the amount of Iraqi currency in circulation would have INCREASED SIGNIFICANTLY, making financial dealings in cash even harder. In the long term, the central bank aims to make 1 dinar equal to $1 with a combination of redenomination and appreciation." Read more

10-4-12 Doctor Robbins: "The CBI action to adjust the price of the dollar against the dinar, at 1.18 or 1.19." I'm not sure about Iraq but in many countries they use a decimal where we use a comma. That would mean 1,190 would be written as 1.190. I've seen so many articles from Iraq where the numbers didn't make sense as written that I have to suspect something like this is behind it.

10-4-12 Hoosier1470: I think everyone puts way too much into what the media puts out! I don't believe anything they say!! We all know the economic shape Iraq is in, and they know that they have to do something pretty quick! IMO we have no idea what is about to happen but I truly believe that it is GOOD!! Just my 2 cents. God Bless!!

10-4-12 Sandstorm: "The CBI action to adjust the price of the dollar against the dinar, at 1.18 or 1.19." They have in the past days described that they were going to make the dinar on par with the dollar. Then they lifted restrictions at the auction and told us about it. Then they tell us it worked and the marketprice is around 1190. The 1.18 and 1.19 is obviously a mistake. Did you see the exchange rate move to 1.19?  Neither did anyone else. They explained the problem, told us what they'd do. They did it and it worked. That's why they're championing the 1190. Meanwhile gurus are telling people it's the RV lol.

10-4-12 Butifldrm: I believe this to be very good news. If the Kurds agree to this final version, and parliament does not go on vacation we may just see the HCL passed this month. "Laibi Hawrami agree to hold meetings to reach a final version of the law of oil and gas."

10-4-12 LoriC: The KRG is meeting with the World Bank and today there were official approvals for the release of the agricultural land for about 500 Kurdish citizens which is great for Chapter 7 removal as Najafi and Kobler continue to discuss their release we see steps being taken to comply. Maliki and Talabani are working together to hold a National Meeting and first implement the Erbil agreement. The GOI is done ammending the Amnesty law and it has just been submitted to Parliament for approval. There is much progress being made right now in Iraq.

10-4-12 BGG: "Talabani and Maliki agree on a road map out of the thought of the current crisis." This is the prelim to the “final meetings” – As I said yesterday the final piece of the puzzle was for Talibani and Maliki to meet before Talibani meets with Allawi and Barzani. It could signal that we are either very, very close to the end or the veil is about to be pulled back. One of the two. I think they need to come up with their own solution. If they don’t – they are about to have a very different Washington Administration to deal with. 


BULLDOG CHAT, 4 OCTOBER


[diamond77guy] Bulldog75, Bulldog75!!! Hello, sir!
[~SpiritualWarrior] Bulldog75 Well, there's a sight for sore eyes... C'mon in!
[Kini] Bulldog75 Hello!!! Glad to see you!!!

[Bulldog75]: HELLO EVERYONE ~

[.gypsymama] Bulldog75 GOOD TO SEE YOU BROTHER

[.~dinarmama7] WE WILL EXTEND THE CLOSING TIME UNTIL 12:30 CDT IN HONOR OF BULLDOG75 FINDING HIS WAY HOME.

[~sednet1] ALRIGHT FAMILY NO RATES OR DATES!!! COPY THAT? LETS JUST HAVE SOME CONVERSSTION? OK?

[Bulldog75] ~sednet1 : EVEN THOUGH YOU HAVE REQUESTED NO RATES AND DATES ; I AM GOING TO QUOTE THE RATES.

[Bulldog75] THE DONG AND IQD ARE BOTH ABOVE .01 .............
[~sednet1] FLOOR IS YOURS SIR
[Bulldog75] LOL
[~MiddleClassMaiden] Bulldog75 - ABOVE .01! WONDERFULLY GOOD NEWS, dear! "A merry heart does good, like medicine, But a broken spirit dries the bones." Proverbs 17:22 (NKJV)(Red Heart) (Beautiful Red Rose)
[kitchencat] Bulldog75 that was good one....have another RV Cola
[Bulldog75] kitchencat : I WILL SETTLE FOR A "DINAR FLOAT" ON MY 747 FLIGHT.
[KAI] coffeehound17 Bulldog75 I say it's a "cents" of humor. LOL
[Bulldog75] KAI : I SAY ITS NON CENTS/SENSE. LOL
[DelawareMeMom] Bulldog75 Hey... when I drove past Rose Hall Golf Course in MoBay last week, I saw a lonly birdie in a tree looking for you.
[Bulldog75] DelawareMeMom : IT AIN'T THERE ANYMORE. I NAILED THAT ONE TOO.
[.~dinarmama7] Bulldog75 Sambo said to tell you HI
[Bulldog75] .~dinarmama7 : WHERE IS THAT SAMBO?
[Bulldog75] .~dinarmama7 _Visionary1 olesailor : SAMBO ........WHAT A NICE GUY ~
[Bulldog75] The logic of the dinar bulls is simple. Iraq's oil exports rose to 2.6 million barrels per day in September, their highest level in three decades; the country aims to hit 6 million bpd by 2017, which would put it close to Saudi Arabia's current level. Even if unstable politics, militant violence and bureaucratic inefficiency prevent that target from being hit, Iraq still seems to be on the threshold of an oil boom that will transform its finances. Inflows of new oil revenue could give the country big external surpluses and push state finances deep into the black by late this decade - the classic recipe for a strong currency.
[Bulldog75] .~dinarmama7 _Visionary1 olesailor : SAMBO ........WHAT A NICE GUY ~
[Bulldog75] diamond77guy : OK , WE WILL SET ONE UP NEXT WEEK. GOOD IDEA. THANKS.
[Bulldog75] diamond77guy : BUT YOU HAVE TO SUPPLY YOUR OWN POPCORN AND SALT.
[Bulldog75] :)
[_Visionary1] Bulldog75 lol
[diamond77guy] Bulldog75 , Oh, alright!
[Bulldog75] FRONT ROW SEATS AVAILABLE FOR EVERYONE. NO EXTRA CHARGE . ~
[lilgrl] Bulldog75 what have you been up to? I have missed you!
[Bulldog75] lilgrl : LOOKING FOR YOU
[wyquiltr] Bulldog75 Did you watch the debate tonight?
[Bulldog75] wyquiltr : I DEBATED WHETHER TO WATCH THE DEBATE. SO I CUT AND BAIT AT THE LAKE.
[kdw] Bulldog75 i miss my 11:33 everynight
[Bulldog75] kdw ; SWITCH TO 333
[Bulldog75] .OL
[Bulldog75] LOL
[wyquiltr] Bulldog75 You would have been proud!
[Bulldog75] wyquiltr : PROUD MARY
[coffeehound17] Bulldog75 - We've been on the standing on the "Sip of the Cup" so long my toes are tired and my feet are getting wet ....Sir! Can I just jump in now!!!!!
[Bulldog75] coffeehound17 : THE LIP OF THE CUP WAS JUST MOVED. LOL
[tgbuff] Bulldog75 ..Are you still planning on holding Post-RV classes around the country to teach/share ideas for investments and safe ways to handle our funds?
[Bulldog75] tgbuff : YES
[~LSUTIGER] Bulldog75 how's new job
[Bulldog75] ~LSUTIGER : I FIRED MY BOSS. :)
[Bulldog75] ~LSUTIGER : HE DOESN'T UNDERSTAND; THAT THE JOB TOOK TOO MUCH OF MY TIME; SO I HAD TO GET RID OF HIM. :)
[bandit] Bulldog75 -Are all the ducks in a row now
[Bulldog75] bandit : ONE DUCK HAS MISLED THE GROUP
[olesailor] Bulldog75 how long will it take to get him back in line
[Bulldog75] olesailor : THEY DO NOT WANT HIM BACK IN LINE.
[olesailor] Bulldog75 and can it be done tomorrow? yea YAHOOOOOOOO yes just say YES
[Bulldog75] olesailor : CAN BE DONE AT THE FLICK OF A WRIST (WATCH)
[~MiddleClassMaiden] Bulldog75 - What top 5 things you would recommend that our OOM&F family should generally be sure to do, or have completed by now? Thank you sooo much for what you mean to soooo many, dear! (Red Heart) (Beautiful Red Rose)
[Bulldog75] ~MiddleClassMaiden : 1) RESEARCHED TRUST THAT FITS YOUR LEGAL GAME PLAN 2) OPENED WELLS ACCT 3) PASSPORTS READY 4) NEW LOCATION TO LIVE OR HAVE YOUR NAMES TAKEN OFF ALL COUNTY(NOT COUNTRY) TAX ROLES 5) GET RID OF LANDLINE AND ONLY USE CELLS. FOR CONFIDENTIALITY, LANDLINES RISKY AND YOUR WHEREABOUTS CAN BE TRACED.
[Bulldog75] 6) HAVE PLENTY OF BLUE BELL ICE CREAM IN FRIG..............:)
[.~dinarmama7] Just an FYI - When you purchase a house in a Land Trust Name, you can also put the utilities in that same name.
[Bulldog75] nostradamas grandpa10 wyquiltr ~MiddleClassMaiden kajundinar57 .~dinarmama7 bandit rtate : MAY THE GOOD LORD CONTINUE TO SHINE HIS DIVINE LIGHT TO BRIGHTEN YOUR PATH. ALL OF OUR ACTIVITIES PROSPER US AND EVERYONE ELSE WITH DIVINE INSIGHT, KNOWLEDGE AND HAPPINESS.
[Bulldog75] WE ARE RICH IN GOD. PROSPERITY IS MEANT TO BE FOR THE CHILDREN OF HIS KINGDOM. WE ARE MASTERS OF MONEY AND ARE CO-CREATORS WITH THE MASTER OF THE UNIVERSE; FOR HE IS THE ALPHA AND OMEGA
[Bulldog75] WE ALWAYS HAVE ENOUGH TIME , ENERGY , WISDOM, AND MONEY TO ACCOMPLISH OUR POSITIVE FRUITFUL DEEDS. WE ARE CHOSEN AND OUR MANNA COMES FORTH. AMEN.

Najafi and UN’s Kobler discuss Iraqi-Kuwaiti relations and possibility of CH VII withdrawal, 4 OCTOBER


Najafi and UN’s Kobler discuss Iraqi-Kuwaiti relations and possibility of CH VII withdrawal


Thursday, October 04, 1 / Okrudolf 2012 15:40
Discuss House Speaker Osama Najafi and the UN representative, Martin Kobler Kirkuk governorate elections, human rights and women.
A statement by the Office of Najafi received and all of Iraq [where] a copy of it today that “the two sides discussed several themes including the elections and the possibility of cooperation with the Independent Electoral Commission to complete and other relevant laws such as the law elections Kirkuk and the importance of approving oil and gas law and sharing Iirorh and fair distribution, in addition to relations Iraq and Kuwait and the possibility of withdrawal of Iraq from Chapter VII. “
He added that “the internationalist party discussed the importance of organizational things for the work of the High Commissioner for Human Rights, which recently formed and the role of women in other bodies and the need to give effective role”, calling Najafi “personal intervention to resolve this matter.”
For his part, Najafi According to the statement, “his strong file human rights and involvement of women in bodies being an important part of Iraqi society, pointing out that” the seriousness of the security situation in Kirkuk and repeated assassinations, kidnappings and discord created by some for the purpose of stirring the differences between ingredients mixed and their consequences serious.
http://bit.ly/QT9YQq

CBI’s Saleh underlines the need to clarify the state of the concept of economic liberalism, 4 OCTOBER

CBI’s Saleh underlines the need to clarify the state of the concept of economic liberalism, 4 OCTOBER



he Deputy Governor of the Central Bank of Iraq the appearance of Mohammed Saleh that “it is necessary to clarify the state concept of economic liberalism and whether commensurate with what Iraq is going through.”
He said in a press statement today said: “It is to be clarified economic liberalism by the state of the central bank with respect to transfer foreign currency abroad, where sources should be checked dinar and whether it came from money laundering operations in crime and terrorism.”
He pointed out “that the central bank is witnessing campaign of accusations and suspicions of involvement with corruption on daily currency auction sale and the occurrence of money laundering.”
Saleh explained that “money laundering means money derived from illegal crimes of terrorism and other crimes such as drug trafficking and other suspicious activities and turn them into legitimate funds.”
He continued: “We must separate the issue of money laundering on the subject of administrative corruption On the subject of liberal economy and identify individual subjects.”
He said: “The money laundering comes from JD customer deposited in private banks and not to convert the dollar abroad, and on private banks to be aware of the lesson well and was investigating the possibility of customers who buy the dollar and do not make profit above the safety of the national economy.”
Have been charged by the deputies in the parliament to the Central Bank of the existence of corruption and money laundering in the auction sale of the currency.
And was a member of the parliamentary Finance Committee Haitham al-Jubouri called for direct intervention from the Presidency of the Council of Representatives to stop the drain of foreign exchange and money laundering in the CBI auctions.
While Salih stressed earlier that “foreign remittances of money does not necessarily mean the money laundering process because of thousands of Iraqis are located in various countries around the world and need the money by turning them to their parents.”
http://bit.ly/OeYfHi

Fake Vietnam banknotes found in the market, 4 OCTOBER


Fake Vietnam banknotes found in the market


HA NOI – (VNS) Fake VND200,000 banknotes have been circulating in the market, the State Bank of Viet Nam said in a statement on Tuesday.
The fake banknotes, though meticulously printed, are less durable and elastic than the real polymer notes, so users can still distinguish them by the naked eye and by slightly tearing the notes’ edges.
In addition, the fake notes are also easily distinguished because they are not printed with optically variable ink (OVI). The ink, an anti-counterfeiting measure often used on banknotes, displays two distinct colours.
Those concerned should check the small transparent window on the notes to see if there is a hidden image on it. If so, the bill is authentic. One can also check the serial number. When exposed to ultraviolet light, the serial numbers on the fake bills do not produce the same luminescence as those on the real ones.
In another development, the State Bank will terminate the circulation of cotton-fibre banknotes in denominations VND10,000 and VND20,000 from January 1, 2013.
The denominations will still be available in polymer notes.
From the date of termination the cotton-fibre banknotes may still be changed into equivalent polymer banknotes at the Central Banking Department, State Bank branches, credit institutions, foreign bank branches and the State Treasury.
The bank issued Notice No. 293/TB-NHNN on September 28, 2012 in response to Decision No1285/QD-TTg of the Prime Minister dated September 17, 2012.
http://bit.ly/SJlRoB

CBI: "Iraqi Dinar's price recovers against US Dollar", 4 october


CBI: "Iraqi Dinar's price recovers against US Dollar"

Baghdad (AIN) -The Central Bank of Iraq stressed "The stability of the US Dollar's price against the Iraqi Dinar since the Iraqi Currency witnesses clear recovery."
The Deputy Chairman of the CBI, Mudhir Mohamed Salih, stated to AIN on Thursday "The Central Bank of Iraq managed to control the exchange rate of the US Dollar against the IQD Dinar at 1.18 or 1.19," noting that "All the exchange offices make up to 5% of the demand for the US Dollar."
"The largest rate of the demand of the Dollar goes to the money orders for purposes of financing the foreign trade and Iraqi's imports," he added.
"All the money whether huge or little sums are controlled by the applicable anti-money laundry law which can discover anything that violates the law," Salih concluded. /End/