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DINARESGURUS.BLOGSPOT.COM_________________ _______

Friday, November 23, 2012

DISCUSSION OF SCOOTER, 23 NOV

[Scooter] the founding docs state it specifically -- just look at the state department 
[p2motive] reminds --me 
[Scooter] under iraq 
[Dreamin2010] Bumper64 get em 
[Scooter] they even show the pics 
[p2motive] of 
[gwright] p2motive stop or be booted! 
[Scooter] of the current currency 
[Scooter] in section one 
[Scooter] NOW 
[Scooter] with that said 
[Bumper64] Dreamin2010 I am going to start putting them out of the room!! 
[Scooter] they worked hard 
[Scooter] to reduce their debt since that time 
[Scooter] and as we speak they have been preparing for the paris club 
[Scooter] debt reduction 
[Scooter] which amounted to greater than 130 billion 
[Scooter] BUT 
[Scooter] the neigboring arab countries 
[Scooter] are owed more all combined 
[Scooter] many people don't know that 
[Scooter] as a result 
[Scooter] they begin payments 
[Scooter] in july 2011 
[Scooter] no exceptions 
[Scooter] and they cannot do this 
[Scooter] without the 2011 budget 
[Scooter] this budget gets interesting right 
[Scooter] NOW 
[Scooter] because the parliment can agree upon the budget 
[Scooter] but right now 
[Scooter] what you see in the backjground 
[Scooter] is the mof 
[Scooter] working this budget with the council of ministers 
[Scooter] and they have preliminary agreement 
[Scooter] but still not public 
[Scooter] the point being is this 
[Scooter] all that debt 
[Scooter] all of the outstanding derivative contracts 
[Scooter] which by the way 
[Scooter] were due today 
[Scooter] at 5:00 pm est 
[Scooter] SO 
[Scooter] if your not aware 
[Scooter] those derivatives are much bigger than we think 
[Scooter] let me give an example 
[Scooter] recently iraq 
[Scooter] purchased 40 737 juest 
[Scooter] jets f 
[Scooter] from Boeing 
[Scooter] there were contracts related to this basing itself on this type of order 
[Scooter] it's an insurance policy that locks the rate 
[Scooter] that's a basic summation 
[Scooter] but the point is 
[Scooter] these items are based on the new rate 
[JBrookes] I don't know how either 
[Scooter] YES 
[Scooter] jbrookes 
[Scooter] hello 
[JBrookes] sorry 
[Scooter] 
[Scooter] 
[Scooter] too funny 
[JBrookes] 
[Scooter] SO 
[caveman] Scooter rv tomorrow 
[Bumper64] caveman hold typing please 
[Scooter] let's go to the next section to support this rv occuring 
[Scooter] the actual budget law 
[Scooter] http://translate.googleu ••• xazifb3g 
[Scooter] that takes you to the nahrain site 
[Scooter] make sure you have google translate or something similar 
[Scooter] great site for the laws and latest 
[Scooter] the reason this plays obviously is because they based their new budget 
[Scooter] on the brand new cpi 
[Scooter] iraq introduced 
[Scooter] cpi -- consumer price index 
[Scooter] it gauges the prices of products goods, and services 
[Scooter] for the iraqi people 
[Scooter] inflation uses the cpi bases 
[Scooter] as a gage for price increases 
[Scooter] NOW 
[Scooter] this cpi is huge too 
[Scooter] because it's all based 
[Scooter] sorry 
[Scooter] the rate 
[Scooter] is based on cpi factors 
[Scooter] this cpi was deployed in march 
[Scooter] so there's two very strong indicators this rv will occur 
[Scooter] here's one of my favorites 
[Scooter] however 
[Scooter] the disbursements 
[Scooter] http://i894.photobucket. ••• PAGE.swf 
[Scooter] check that page out 
[Scooter] before any country can deploy this type of re-evaluation 
[Scooter] they need to prepare the infrastructure for the local authorities 
[Scooter] this money came from the drainage funds since 2006 
[Scooter] and were distributed specifically this year for the rv 
[Scooter] here's another one that was mentioned in imf docuements for the past 
[Scooter] the smart cards 
[Scooter] here's the real indicator 
[Scooter] this is the ration card 
[Scooter] the iraqis have been using 
[Scooter] NOW 
[Scooter] how can they distribute this card 
[Scooter] in a like for like manner 
[Scooter] where it was valued at 1250 iqd 
[Scooter] and now 
[Scooter] valued at 250 
[Scooter] that's a tremendous drop of services for a country that's supposed to increase their value of services 
[Scooter] another item 
[Scooter] the pensions 
[Scooter] the imf required the iraqi 
[Scooter] iraqi's 
[Scooter] to update the pension funds based ont the new cpi 
[Scooter] thus 
[Scooter] the new rate 
[Scooter] here's another one 
[Scooter] does anybody remember when the iraqi's supposedly took 
[Scooter] 70% of their liquidity out of the market 
[Scooter] it was a couple of months ago 
[caveman] 2 questions do they have to RV this year? how do we know this 
[lambert] april? 
[Scooter] nevertheless 
[Scooter] could have been april 
[Scooter] thanks 
[Scooter] now --- goto this link 
[Scooter] http://www.mof.gov.iq/ar ••• &sid=896 
[Scooter] that is an allocation 
[Scooter] and one of many 
[Scooter] specifically geared toward providing credit 
[Scooter] to the citizens 
[Scooter] and build over 100,000 houses 
[Scooter] remember the goals of the plan 
[Scooter] whether you want to believe or not 
[Scooter] the plan is meant for the iraqi people 
[joeymax] Hello all!!! 
[Scooter] and insure peace in the future int he middle east 
[Scooter] now --- i put this together in the last 15 minutes 
[Scooter] so there's plenty more information out there regarding this rv 
[Scooter] it will occur 
[stnkng1] scooter do you believe this will RV on or before the 12th? 
[Scooter] i have no doubt 
[bodeen] Scooter Will the CPI control the rate??? And the rate on the smart cards??? 
[wbuse984] Scooter ... AWESOME... you da man ... you can have keeps bud light 
[Scooter] i just don't know when 

Sources: CBI daily currency auction was a method to suppress the dinar exchange rate, intentionally, 23 NOV


Sources: CBI daily currency auction was a method to suppress the dinar exchange rate, intentionally

Sources: keep a low exchange rate of the dinar is intended
Informed sources said that “the survival of the high price of the dollar compared to the price of the Iraqi dinar is intentional it has joined parties from inside and outside Iraq,”
Pointing out that “the reason for this policy was an auction sale currency.”
The sources agreed in separate comments for “Future of Iraq” that “auction policy panacea until 2008,” indicating that “then turned that policy to PAL and on the national economy, especially after the global crisis hit the U.S. economy and the EU.”
She stated that “drain purchasing power of the Iraqi dinar and keep it in the gutter turned into a goal after 2008 through currency auction,” noting that “the issue shifted from maintaining the stability of the dinar exchange rate to increase the size of the daily demand on the U.S. dollar.”
She noted that “the continued demand generates a recession of alternative currency that buys the dollar and provide a profit margin of the sold currency.”
The sources confirmed that the “whole process a smart game and experts involved in the art of stealing Iraq’s money,” as she put it.
http://bit.ly/UX25qQ

THE BANKING & INVESTMENT LAWS HAVE BEEN PASSED AND ARE OFFICIAL, 23 NOV

11-22-12 Blanche: Bondlady and her team just announced the banking and investment laws have been passed and are official. This is beyond HUGE news!

We're waiting for other gurus to confirm this and chime in. If this is official it opens the door to Ch7 release, WTO membership, and large international investment! Bondlady says these laws are listed in the official Gazette!!

These laws outline investment responsibility for banking, business and investment including penalties (one compliance penalty is 1000 dinars a day. 70 cents doesn't sound too discouraging to me--hmmm unless there is a rate change! Stay tuned as the other gurus chime in on this all important subject! This is super Thanksgiving Day news!

PHOENIX,. FOOTFORWARD, NEWMONIES & OTHER, 23 NOV


11-23-12 Phoenix3333: After his meeting with Barzani and Maliki Najafi said we are in the final step to resolve the crisis between Baghdad and Erbil. Najafi said last night with Prime Minister Maliki, in the Office of the latter for the second time in two days, ways to address the crisis and end the dispute.

11-23-2012  Intel Guru Footforward   There is information out there that the VND is showing up at over $2 on public sites.  It's not going to happen.  There is no way the Vietnam economy would be able to support that rate.  Expect it to come in between $.05 and $.20 if it goes at the same time as the dinar, if it goes by itself, it can't even support $.05. There is a huge misinformation campaign to have people sell their dinar and buy dong.  The dinar will be the big winner when all is said and done.
All information is really good in the last 48 hours.  It's now at the stage that we literally need someone to show us the money.  All information is what we want to hear, seeing things in banks, it's all progressing.  I am looking for this right now.  The laws that were published in the gazette have been dealt with and finalized as long ago as 2 years ago and now have been published and can take affect at any time


11-23-12 Newmonies: AGAIN MORE REALLY GOOD NEWS. LOOKS AS IF WHAT WE THOUGHT WASN'T HAPPENING DID HAPPEN. OK IT IS VERY OBVIOUS THAT THE U.S. & THE UN STEPPED IN AND RATTLED THEIR CAGES. LOOK ALLAWI HAD SAID MANY TIMES THAT HE WASNT GOING TO COOPERATE WITH MALIKI.

MALIKI HAD CROSSED EVERY LINE POSSIBLE AND BARZANI WELL WE ALL KNOW WHERE HE STANDS WITH MALIKI. THEN THE ONE TRYING TO PUT THIS WHOLE PROBLEM TO REST HAD EVEN GOTTEN HIS FILL OF MALIKI AND HIS SLC. JUST LAST WEEK THEY WERE ALL WALKING AWAY FROM THE IDEA OF BEING ABLE TO SOLVE THEIR PROBLEMS.

THEN BAM !!! SOMETHING HAS HAPPENED TO TURN THIS RIGHT BACK AROUND AND THEY ARE WORKING TOGETHER AGAIN. EVEN JAAFARI IS BACK IN THE MIX AND HEADED TO ARBIL THIS COMING WEEK. SO YOU TELL ME WHAT COULD HAVE CAUSED THEM TO JUST DECIDE TO WALK BACK INTO THESE MEETINGS.

CAN YOU SAY THE GOOD OLD USA. WE PUT A BOOT IN THEIR BUTT, THATS THE AMERICAN WAY. SO EVERY GOOD NEWS OUT THIS MORNING. LOOKING FORWARD TO SEE WHAT NEXT WEEK HOLDS FOR US.


11-23-12 Mike: "Iraqi coalition MP said free high Nassif to the challenges experienced by Iraq and not permit any politician think withdrawing confidence in the Government, arguing that the charges of the Kurdistan Regional President Massoud Barzani in crises the country source together with the Iraqi list led by Iyad Allawi."

This article failed to mention Sadr and his groups statements last week advising that the enviroment was good to remove Maliki through a no confidence vote. It's encouraging to see that the NA is taking this threat seriously, I can only hope that Talabani will back them this time around and force Maliki's hand.

I still believe that the quickest way to the RV is to have Maliki capitulate, give Allawi his postion, implement Erbil and wrap up 140. If he doesn't do this then we are in for a wait due to the process of no confidence and waiting for his replacement. I'm concerned that Iraq will edge closer to civil war because of sectarian issues and I'm sure that Maliki will fan the flames of discord in some last ditch effort to retain power. Here's hoping.


11-23-2012  Newshound Guru Doc:  We are...well aware of all the positive articles on chapter 7 and HCl and 2013 budget and..etc.  We would suggest to all to look at the history of the GOI delivering on what and when it says it will do something.  Unfortunately they have little creditability along these lines.  Do not misunderstand our comments here, we are encouraged that these things are in the forefront but we do not concur with the optimistic timelines as reported by others.  Yes, we concur that if the GOI would enact these things the journey would be quickly over but we believe the snails place will continue for a while with the end of this year now a distant hope.

DELTA POST: THE DINAR WILL RV BEFORE 2/23/2013, 23 NOV

Delta's response to this false rumor being spouted:

Postby DELTA » November 23rd, 2012, 3:05 am  •  
GREETINGS FAMILY:

I'M GETTING SO MANY PMS ASKING ABOUT MY PREDICTION , AND SOME OF YOU ARE TELLING ME THAT THE OTHERS ARE SAYING THAT I SAID IT WILL RV BEFORE DEC 2ND.
I NEVER SAID THAT , WHAT I SAID WAS MY PREDICTION IS THAT THE IQD WILL RV BEFORE 2......?

MEANING BEFORE 2/23/2013.

WHY THIS DATE :

1: 5 YEARS PLAN FOR IRAQI MOP( IF YOU READ IT YOU WILL SEE A LOT OF GOOD THINGS)

2- IMF SBA:

The SBA had been scheduled to expire on July 23, 2012. The extension, which had been requested by the Iraqi authorities, will provide them with time to implement the policy measures needed to complete the combined third and fourth reviews under the SBA. The extension will, in particular, provide time for discussions on fiscal policies for the remainder of 2012 and on measures to improve the functioning of the exchange regime.



DELTA

DINAR GURUS UPDATE, 23 NOV


11-23 -2012  Newshound Guru Mike  "Central Bank Investigations Reveal "Levy" Parties Monthly Gains!!"   As you can see, the corruption is tied to a lot of people...many hands are in the pot and many of these hands lead back to Maliki’s party…ambassadors and politicians have been put in these positions and you can understand why Nijaifi does not want to have these names out there because it affects a lot of people…the Central Bank was doing what they were doing, and the people on the outside were causing most of the problems of what was going on… So really keep your eye on this… This is really going to get a lot of people into Maliki’s party and it’s really going to get into his chances for re-election...Things are moving along…Things are moving good… I’m likin’ it so far.

11-23-2012  Intel Guru Okie_Oil_Man   Well---as i understand it there are to be a very important meeting today that may have a degree of influence on our position as investor's. If there are a positive outcome of that meeting we should all hear about it very soon....eventually--our day is coming.

11-23-2012  Intel Guru Delta   I'M GETTING SO MANY PMS ASKING ABOUT MY PREDICTION, AND SOME OF YOU ARE TELLING ME THAT THE OTHERS ARE SAYING THAT I SAID IT WILL RV BEFORE DEC 2ND.  I NEVER SAID THATWHAT I SAID WAS MY PREDICTION IS THAT THE IQD WILL RV BEFORE 2......?  MEANING BEFORE 2/23/2013.  WHY THIS DATE :  1.  5 YEARS PLAN FOR IRAQI MOP ( IF YOU READ IT YOU WILL SEE A LOT OF GOOD THINGS).  2.  IMF SBA:  The SBA had been scheduled to expire on July 23, 2012. The extension, which had been requested by the Iraqi authorities, will provide them with time to implement the policy measures needed to complete the combined third and fourth reviews under the SBA. The extension will, in particular, provide time for discussions on fiscal policies for the remainder of 2012 and on measures to improve the functioning of the exchange regime.

11-23-2012  Newshound Guru Med   CURRENCY NEWS HOUND IS REPORTING THROUGH THE INTENSIVE EFFORTS OF BONDLADY AND HER CREW THAT PARLIAMENT ADOPTED NEW INVESTMENT LAWS AND THAT THIS WILL HELP THEM EXIT CHAPTER VII AND ALSO MAKE WAY FOR THEM TO ENTER, I THINK IT SAID, ALMOST IMMEDIATELY THE WTO.  THEN IT STATES THAT THIS IS POSTED IN THE GAZETTE.  FIRST OFF, DOESNT PARLIAMENT HAVE TO BE IN SESSION FOR THEM TO PASS ANY MAJOR INVESTMENT LAWS, IN FACT TO PASS ANY LAW.  THEY HAVE RECESSED TILL WEDNESDAY NEXT WEEK...BECAUSE OF NO QUORUM.  NEXT IT STATES IN THE GAZETTE, I HAVE GONE THROUGH 3 PAGES OF ARTICLES IN THE GAZETTE FROM THE 22ND OF NOVEMBER [this should be double checked, Bondlady said that this was published in the Gazette on the 18th]...NOTHING, NOTTA...NOT A WORD ABOUT  MAJOR INVESTMENT LAWS.  WHAT....WOULD PASSING ANY INVESTMENT LAW HAVE TO DO WITH REMOVAL OF CHAPTER VII.

11-23-2012  Intel Guru Footforward   Shabibi was not part of the GOI and had nothing to do with the passing of laws.  He has never been a problem.  Maliki is not an issue, there isn't anything that Iraq has to do, they are moving forward like they want to get out of Chapter 7...they can't get out of Chapter 7 until they have an RV.  You don't hear other countries screaming at Iraq to RV because they know it is out of Iraq's hands and has been for some time.  I do like what I am hearing right now & where it is coming from.  We should see something anytime now.  [post 3 of 3]

11-23-2012  Intel Guru Footforward  All information is really good in the last 48 hours.  It's now at the stage that we literally need someone to show us the money.  All information is what we want to hear, seeing things in banks, it's all progressing.  I am looking for this right now.  The laws that were published in the gazette have been dealt with and finalized as long ago as 2 years ago and now have been published and can take affect at any time.  [post 2 of 3....stay tuned]

11-23-2012  Intel Guru Footforward   There is information out there that the VND is showing up at over $2 on public sites.  It's not going to happen.  There is no way the Vietnam economy would be able to support that rate.  Expect it to come in between $.05 and $.20 if it goes at the same time as the dinar, if it goes by itself, it can't even support $.05. There is a huge misinformation campaign to have people sell their dinar and buy dong.  The dinar will be the big winner when all is said and done.  [post 1 of 3....stay tuned]

11-23-2012  Newshound Guru Doc  We are...well aware of all the positive articles on chapter 7 and HCl and 2013 budget and..etc.  We would suggest to all to look at the history of the GOI delivering on what and when it says it will do something.  Unfortunately they have little creditability along these lines.  Do not misunderstand our comments here, we are encouraged that these things are in the forefront but we do not concur with the optimistic timelines as reported by others.  Yes, we concur that if the GOI would enact these things the journey would be quickly over but we believe the snails place will continue for a while with the end of this year now a distant hope.

11-23-2012  Newshound Guru Adam Montana   Last month alone there were FIVE major meetings, where MAJOR headway was made on drafting the new HCL law... that is MAJOR progress...but there is still some work to be done, and I am sad to say that I can't give you an exact date it will be done...but I am happy to say that I am confident it is going forward, and I also feel confident that the Hamas situation will be settled down by then, which means that the situation in Hamas should not be a major factor on our investment.

OUR DAY IS COMING, 23 NOV

[..OKIEOILMAN] GOOD DAY AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIENDS. WELL---AS I UNDERSTAND IT THERE ARE TO BE A VERY IMPORTANT MEETING TODAY THAT MAY HAVE A DEGREE OF INFLUENCE ON OUR POSITION AS INVESTOR'S.

IF THERE ARE A POSITIVE OUTCOME OF THAT MEETING WE SHOULD ALL HEAR ABOUT IT VERY SOON. I HOPE ALL HAD A BLESSED THANKSGIVING AND REMEMBER THAT EVERYDAY SHOULD BE A DAY OF THANKSGIVING. 

I WILL ATTEMPT TO BE ON THIS SITE MORE OFTEN ESPECIALLY IF THERE'S ANYTHING OF SUBSTANCE AND NOT JUST CIRCULATING RUMOR'S AND GOSSIP. KEEP THE PRAYERS GOING UP AND KEEP THE FAITH--EVENTUALLY--OUR DAY IS COMING.