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Sunday, December 2, 2012

HONG KONG SOURCE SAYS 4 AM EASTERN WE SHOULD SEE IT CHANGE IN THE MARKET, 2 DEC

terryk 8:33 pm cdt 12/2/2012
(TONI1960): [TERRYK] MAN SO MUCH GOING ON
[TERRYK] I DON"T KNOW WHAT TO SAY
[TERRYK] HEY WJBILLR
[wjbillr] start at the beginning    
[TERRYK] HMMM
[TERRYK] THAT"S TOUGH
[TERRYK] THE DRAGON IS IN RENO
[TERRYK] THE BOYS ARE IN RENO

[TERRYK] HEARD TODAY THAT CHINA DEPLOYED IT"S FLEET
[TERRYK] SOME ONE NEEDS TO CHECK ON THAT ONE
[TERRYK] AND WHERE THE FLEET IS GOING
[TERRYK] I HEAR THAT CHINA HAS A STRONG EMP
[TERRYK] STRONG ENOUGH TO KNOCK OUT ALL OF OUR ELECTRONICS
[TERRYK] PHONES
[TERRYK] EVERYTHING ELECTRIC
[TERRYK] KINDA SCARY STUFF
[TERRYK] THEN
[TERRYK] I HEAR THAT THEY MAYBE COMING OUR WAY 
[TERRYK] FROM BOTH COAST LINES
[TERRYK] I ALSO HEAR THAT THE REASON THEY ARE ON THE WAY IS THAT THEY TOLD O TO MAKE THE RV HAPPEN
[TERRYK] HE SAID IF HE GETS HIS TAX INCREASED PASSED
[TERRYK] THEY SAID NOW
[TERRYK] HE SAID NO
[TERRYK] THEY SAID WE WILL APPLY FORCE
[TERRYK] AND THEN HE SAY"S BRING IT ON
[TERRYK] TREAT THAT AS RUMOR
[TERRYK] BUT I"M HEARING A LITTLE BIRD TELL ME THAT WE MAY SEE SOMETHING LATER TONIGHT
[TERRYK] OR TOMORROW
[TERRYK] NO LATER THAN THURSDAYS
[TERRYK] AS THAT THE KEY PLAYERS THAT EMPLOY O ARE PUTTING PRESSURE ON HIM AS WELL
[TERRYK] CHINA HAS CONTROL
[TERRYK] SO I"M PRETTY EXCITED
[TERRYK] THAT THEY ARE APPLYING PRESSURE
[TERRYK] BUT THEN I GOT THIS
[TERRYK] THAT O WANTS TO LEVEL THE PLAYING FIELD WITH ALL PEOPLE
[TERRYK] HE DOES NOT LIKE THE RICH
[TERRYK] DOES NOT THINK THEY SHOULD HAVE MONEY
[TERRYK] SO WHO KNOWS
[TERRYK] NOW I HAVE A BIG SHOT TELLING ME THAT TONIGHT LOOKS SWEET
[TERRYK] I HAVE A TRADE PLATFORM GROUP TELLING ME TONIGHT 
[TERRYK] SO ALOT OF GROUPS OUT THERE SAYING WE ARE THERE
[TERRYK] I BET I GOT 50 CALLS TODAY ALONE
[TERRYK] HAD TO KEEP PHONE ON CHARGE

[TERRYK] LET ME CALL THIS ONE SOURCE
[TERRYK] NOW
[TERRYK] RING A DING DING
[TERRYK] OK 
[TERRYK] THIS IS WHAT THAT SOUCE JUST TOLD ME
[TERRYK] HONG KONG SOURCE SAYS 4 AM 
[TERRYK] EASTERN
[TERRYK] WE SHOULD SEE IT
[TERRYK] CHANGE IN THE MARKET
[TERRYK] SO THERE IS ALOT MORE I CANT TALK ABOUT
[TERRYK] I GAVE YOU MORE THAN I SHOULD HAVE
[TERRYK] OK ALL I GOT TO TAKE A BREAK
[TERRYK] GET SOME SLEEP
[TERRYK] GOD BLESS YOU
[TERRYK] ALL
[TERRYK] NIGHT
[TERRYK] YOUR THE BEST
[TERRYK] AND THANKS FOR MAKING THIS SITE WONDERFUL
[TERRYK] WITHOUT YOU ALL IT WOULD FAIL

DINAR GURUS UPDATE, 2 DEC


12-2-2012  Newshound Guru Kaperoni   I personally have seen the trading room that was being constructed.  I have chosen not to talk much about it.  We’ve already said many times we know that contracts have been signed.  In my mind, despite what other people say that it will come out at $3 and $2 and all this other nonsense,  I know the facts and the facts are that this is being set up to float.  If it goes as planned when it floats, as dinar holders we are going to watch the dinar rise in value.  We don’t know how fast, it could be a few months to get to a dollar or it could be several months.  That’s the plan as far as I know.   [post 2 of 3....stay tuned]

12-2-2012  Newshound Guru Kaperoni   We know in reality that they can’t wait and that something has to happen.  The value of the dinar needs to begin to rise so that when 2014 comes they can kick this into high gear and say ok now we have value to our currency, now we can move forward, now we can remove the zeros.   It was the World Bank that said in 2014 they were going to be a donor country vs. a receiver of loans.  If nothing is going to happen for another 13 months it becomes pretty impossible for Iraq to become a donor in that period of time.  They’ve got to start raising the value and we believe again that it will be a float.  [post 1 of 3....stay tuned]

12-2-2012  Newshound Guru LoriC   No one knows the date or rate for sure, that's a very closely guarded secret but we do know that under article 46 the CBI has the power to make this move as they see fit and they've been saying January 2013 for quite some time now. Well, we're almost there now and we know Iraq and its citizens are suffering with a worthless currency. I can't see any reason to postpone it further.  [post 2 of 2]

12-2-2012  Newshound Guru LoriC    Iraq's goal is still to restructure their currency to make the IQD equal to the USD by the beginning of the new yearWe should expect to see either the rate start to float up or a large revaluation any time now. There is a bogus report that the project will be put off until 2014. We've seen a hundred more that conflict with that and we know that it's there job to put out some disinformation. This revaluation has received far more press than they ever intended thanks to the Internet.   [post 1 of 2....stay tuned]

12-2-2012  Newshound Guru Mountainman   Iraq is one step closer to being released from Chap 7 with the new strategic partnership agreement they are signing during this next term. The statement said that this will pave the way for Chap 7 removal and enhance Iraq/Kuwait relations. The UNSC is running out of excuses to keep Iraq under sanctions and the international support for this cause is growing. 

12-2-2012  Intel Guru Hammerman  Maliki is not going anywhere and Shabibi is not going anywhere.  Shabibi was granted a 9 to 18 month extension on his term They do have someone to fill his position if anything should happen to him, he is training him, but he isn't going anywhere without an RV.  With or without Shabibi the RV should run smoothly.  There is a lot of info that the VND had been showing at $.47.  Let's see what happens.  I expect it to go as high as $2. - $2.50. 

Economic parliamentary: the new year will witness the birth of the new Iraqi currency, 2 DECEMBER

Economic parliamentary: the new year will witness the birth of the new Iraqi currency



SUNDAY, 02 JANUARY 1 / DECEMBER 2012 09:45 

Twilight News / excluded for economic and investment commission parliamentary, Sunday, that the new year would witness the birth of the new Iraqi currency deleted three zeros, noting that the Central Bank of Iraq was aspires to equal the value of one dinar per dollar.

He said the Commission's decision Mahma Khalil in an interview with "Twilight News" that "the new year will witness the restructuring Iraqi currency deleting three zeros, and therefore would not be witnessing the birth of new Iraqi currency because of the government's refusal to this project," noting that "the government believes that this work is not of its priorities. "

Khalil added that "the economic and investment commission strongly supported this project with the Governor of the Central Bank because the purpose of it purely economic and is to maintain the Iraqi currency from counterfeiting, damage and fraud."

Khalil pointed out that "there was countries with successful experiences in this area and the re-structure of its currency and deleted some zeros, and we seek to follow suit."

Khalil said he was "under Article 46 of the Law on the Central Bank of his powers to issue new currency or new categories and maintain the value of the Iraqi dinar against other currencies."Khalil continued that "the very bank of the move is that the par value of the Iraqi dinar per one U.S. dollar after the deletion of zeros and are blocking the way of fake currency dealers, as well as the new currency was non-perishable easily."

Referred to the Central Bank of Iraq began Consideration of an amendment dinar categories last year, and is still a big part of the payments being in cash due to the evolution of the banking system.

The Cabinet had decided, in mid-April last year, wait in the application of the deletion of zeros from the national currency.

And revealed the Finance Committee in the House of Representatives, last July, the postponement of the deletion of zeros from the Iraqi currency, which the central bank intends to initiate them into the year 2014.

http://bit.ly/TvzJ7e
*****
SHREDD OPINION: 

"...the central bank intends to initiate them into the year 2014." I hear you but the phrase "initiate them into" seems to imply a process, not a singular event.

BLD OPINION: 

the thing was it had been floating all these years...a dirty float...cbi never did change that even when the rate was programmed the dinar behind the curtain imo kept on moving slowly... but it still gained strength....cbi never changed its path it was on gurus an speculators did that........its time to stop that and grow on up imo...BL

HAMMERMAN, LORIC, DEBORAH, UNIROD & OTHER POST, 2 DEC

12-2-2012  Intel Dong Guru Hammerman   There is a lot of info that the VND had been showing at $.47.  Let's see what happens.  I expect it to go as high as $2. - $2.50.

12-2-12 LoriC: Iraq's goal is still to restructure their currency to make the IQD equal to the USD by the beginning of the new year. We should expect to see either the rate start to float up or a large revaluation any time now. There is a bogus report that the project will be put off until 2014. We've seen a hundred more that conflict with that and we know that it's there job to put out some disinformation. This revaluation has received far more press than they ever intended thanks to the Internet.

No one knows the date or rate for sure, that's a very closely guarded secret but we do know that under article 46 the CBI has the power to make this move as they see fit and they've been saying January 2013 for quite some time now. Well, we're almost there now and we know Iraq and its citizens are suffering with a worthless currency. I can't see any reason to postpone it further.


12-2-12 Deborah L: A good friend of mine told me a few months ago that she saw with her own eyes and heard with her own ears a UN broadcast about 2 years ago. They said that one of the requirements for being removed from Ch 7 is indeed to have an internationally tradable currency. I have no reason not to believe her. I would guess that they're planning on being compliant in all Ch 7 related issues before they meet about it on the 15th.

12-2-12 Mountainman: Iraq is one step closer to being released from Chap 7 with the new strategic partnership agreement they are signing during this next term. The statement said that this will pave the way for Chap 7 removal and enhance Iraq/Kuwait relations. The UNSC is running out of excuses to keep Iraq under sanctions and the international support for this cause is growing. 

12-2-12 Unirod: On BBC there is a current article on the Kuwaiti election of a new Parliament. There is a deep divide in Kuwait between the common people and the ruling Sabah family. I contend that much of the delays have been equally shared by Kuwait in the release of Iraq from Chapter 7 sanctions.

Why?; maybe because the ordinary citizens suffered more from the invasion of Sadaam than the ruling Sabah family. The people will not gain financially in Kuwait only the Ruling Sabah family. The common Kuwaiti will probably never recover financially from what Sadaam did. It may be possible that Kuwait could be the next Arab Spring. Is anyone surprised? IMO.



12-2-12 Highlander: Iraq is the fastest growing economy right now because of oil alone not because of the private sector. They are talking about the restrictions on the movement of money , the laws that govern outside investment, etc that are still in place right now are making it unattractive to invest in Iraq.

You have to have 100,000.00 US Dollars just to start a business in Iraq as a non Iraqi. This is given to the Iraqi government and you can't have it back until you close the business and clear all taxes etc owed to the government and you are not paid interest on it either. This is why getting out of chapter 7 with the UN and moving from article 14 to article 8 compliance with the IMF is huge for Iraq as it affects not only outside investors but it also affects Iraqi citizens trying to do business with the international community.


As to why it is so hard to get out of chapter 7 that is a conversation that could take days. First you have to have all legislation and agreements in place and have shown good faith to complete them. As we have watched for years now, getting legislation in place is something Iraq struggles with. Second the Security council has 5 permanent seats and the rest of them rotate monthly. So you get different opinions on the council on a monthly basis as to what a country does or does not need to accomplish to complete the goal of getting released from Chapter 7.

Iraq is closer than they have ever been but they still have some very significant pieces of legislation to pass on demarcation of the borders and they need to get the farmers moved and compensated for starters. And then the politics of getting out of Chapter 7 begins which is where the constant public bickering between the political parties comes into play and will also have the affect of keeping them in chapter 7 even though that is not a specific issue in the sanctions. The head butting between Kurdistan and Baghdad and the clashes over territory do not sit well with the UN and will keep Iraq in chapter 7 imo.


12-2-12 Rayzur: I can't figure out this paragraph and apparently have lost the ability to read between the lines:

"And the way to get your money out of there (a multi-currency account on the private banking side of Wells Fargo, for example) is just have them issue a debit card. Your debit card will be debited in USD and I will let you read between the lines of what I am telling you. There are two things in this world you can do - you can work the system or you can let the system work you."

WF holds your money as USD, no matter what side you are on. So, your debit card will be debited in whatever currency you are using at that time. If you are in Italy, it will be Euro, Guatemala, their pesos, Australia, their AU dollar, Bangkok, baht India rupee, Canada, the Canadian dollar and so on for every single country in which you use your debit card as either bank withdrawal of larger sums, or direct POS in the shops that offer this (and a zillion do all over the world these days) and they factor in the exchange rate right there on you statement for every transaction.

On your bank statement, it will show the withdrawal and then the amount WF charges to convert your USD to the currency of another country. Indeed, if you buy directly from the government mints in other countries, while sitting in the US, its debited in the currency of that country, and shows as an exchange on your statement. So what am I missing? Perhaps it's very obvious but I honestly don't get what there is to read between the lines? Can someone give me a clue if I buy a vowel?

12-2-12 429
: In my opinion, Rayzur, you've hit the nail squarely on the head. Years ago, when I was in France, I used the Debit Card of my financial institution of choice in an ATM. The ATM spit out Francs and my statement showed the withdrawl in dollars + transaction fee.

Now are there such things as international accounts where I can deposit Euros and they stay Euros until the day I withdraw them? I imagine so, but I live my life in U.S. dollars because I'm here in the U.S. Now if a merchant were to accept my Euros in place of dollars here in "small-town," R.F.D., it might be something to consider as there are no laws prohibiting what I trade at the store.

I heard of a guy locally, kind of - next county over - who paid his dentist bill in 1996 in chickens and pigs. But good luck finding a Wal-mart, Publix or Winn Dixie here in the U.S. that accepts Euros when I'm buying groceries.


12-2-12 Phoenix3333: Nujaifi confirms the possibility of a confrontation. "I do not hide the presence of great danger and the possibility of a confrontation, and there is a third party wants to ignite fire to burn the country."

Snip ~ "Nujaifi warned any party acts militarily and threatens the country and lead to major disasters, calling for all parties to stay away from provocative statements." He said in his press conference today 2, Dec "I do not hide the presence of great danger and the possibility of a confrontation, and there is a third party wants to ignite fire to burn the country." 


12-2-12 DocDinar: Calling a dictator crazy is like calling caterpillar fuzzy. It's pretty much a given. My question is, “Why can’t these guys learn?”

When they are ultimately hung, brutally mutilated, tortured and killed (sometimes even before cameras) one would think that this would serve as a powerful object lesson to other dictators and would-be dictators. But it doesn’t seem to work out that way. Monsters like Adolf Hitler, Pol Pot, Idi Amin, Kim Jong Il, Gaddaffi, Khameni, Assad, Hosni Mubarak, Saddam Hussein, etc., seem to just keep popping up.

Is it their excessive lust for power that blinds them? Is it because they are enveloped in a bubble in which they are told and believe that the people love them and that they are indispensable, despite their incomprehensible brutality? Of course, the reality that eventually pricks their bubbles comes when the last henchmen has fled and all around are the shouts of a victorious, frenzied mob over their dead bodies.

In the case of Prime Minister Nouri al-Maliki, he seems determined to become Iraq's next dictator. While his authoritarianism has a way to go before it reaches the proportions of Saddam Hussein's terror, the charge sheet is clearly growing. Will Maliki wake up and learn before it’s too late for him? If history teaches us anything, I doubt it.

The good news for us is that the global reset with our RVs will happen regardless of Maliki’s fate. Keep the faith. We are almost there!

JUST HOPIN EXPERIENCE IN THIS INVESTMENT, 2 DECEMBER


Below Nick asked me "if I ever just wanted to give up on this investment?" 

I think its only human to say that it has crossed my mind. It was when I reached a real deep point of disappointment.

I was placing all of my trust in so called gurus, listening to their conference calls, sitting in chat rooms for countless hours all to be let down day after day. 

I really wanted to believe someone had

 all of the answers - They were so convincing. But then I realized only God holds the position of knowing all things.

It was about that time when I started The Currency Newshound. I realized there must be others just like me. I wanted people to use their own minds to navigate thru this investment and not be lead by a guru sitting in an easy chair somewhere.

I realize many people were lead to believe this was a quick way to make a buck, some were told it would be as soon as tomorrow, next week or perhaps next month. Some have been in this investment as little as a month while some have been part of this journey for well over eight years.

Regardless of how long you have held your dinar we all sit in wonder why hasn't anything happened? I have no answers other than we are all speculating on an event that has little to no precedent and therefore its difficult to gauge what is needed and how close we truly are to an RV.

If you inform and educate yourself and continue to read the articles you will begin to see a valid reason to stay in this investment. I honestly believe there are far more reasons to stay in than to stay out.

As for me I admit there are times I get tired of the words Iraq, dinar, and RV. And even though I post news everyday and continue to monitor the situation I do step back mentally to give myself a break the best I can.
If the wait gets to you please back away and forget about the dinar and then come back when you feel like it - Please don't allow it to consume your life.

I can remember a time when I first purchased my dinar and I had dreams of being rich having big houses, fancy cars, yachts, nice clothes, and trips to far away places. But as the calendar passed and the time grew longer I found myself redefining my thoughts of "rich". I think I realized over time I was already "rich" as I am blessed with a good family, good friends, and I continue to breathe each and every day. I only needed money to get through this life on Earth - I surely can't take the money with me when I die. For me I think the time has taught me not to be greedy but thankful and to seek better ways to spend my future wealth (if I should ever be so blessed to receive).

From my time on Facebook and getting to know each of you (thousands of you) I realize there are lots of good people on this Earth - all with good intentions. I see people financially struggling wondering how the next paycheck is going to stretch to next pay day. I see people needing dire medical help, I see people who lost their homes, their jobs. I see people who may not have hardship but just need more money to survive. Whatever the case may be I realize each of us have our own reason why we are in this investment. I continue to believe if our faith is stronger than our weariness then we will see the light of day.

As for the dinar we are beginning to see events getting closer to resolve. It looks as though key laws are on the books to be made laws soon such as the investment law and the HCL law. We see evidence the "dropping of the zeros" is still in play, we know new currency is soon to be issued (without zero's?), the private sector is beginning to show signs of growth, Iraq's oil growth is substantial, Kuwait and Iraq are resolving their issues each and every day and it would appear the UN is near ready to lift sanctions from Iraq. All of these, some of these or none of these events could contribute to the RV. But logic tells us a stronger economy leads to a strong currency and therefore the future looks brighter than it has ever had over the past eight years for Iraq and ultimately for dinar holders in my opinion. All we have to do is watch it all unfold.

Its going to be such a great experience to witness!

Have a blessed day
-JH

IT'S DONE IN IRAQ, 2 DECEMBER

TerryK 9:54 pm cdt 12/1/2012
(TONI1960): [BBADriver] nano36 how you tonite?
[kaycee] westf wow you've been sick awhile :(
[westf] toni1960 i do too bring it on 
[TERRYK] HEY ALL
[TERRYK] WHAT'S UP TONIGHT
[Gullwing] terryk   hey hey !! 
[TERRYK] HI TONI
[TERRYK] BBADRIVER BEEN A WHILE
[TERRYK] KAYCEE
[TERRYK] NANO
[TERRYK] WESTF
[TERRYK] GULLWING
[TERRYK] WELL WELCOME BACK BRO
[TERRYK] HOPE YOU PLAN ON STAYING A WHILE
[TERRYK] OK NEWS
[TERRYK] PP STUFF DID NOT GET DELIVERED AS SPOOSE TO
[TERRYK] % WISE
[TERRYK] THE BIG GUY IS ON CALL
[TERRYK] THE DRAGON IS IN RENO WITH OTHER BIG SHOTS
[TERRYK] ONE US GOVERMENT DUDE TOLD ME TODAY THAT THIS MAY GO DOWN SUNDAY
[TERRYK] NIGHT
[TERRYK] WHEN FOREX OPENS
[TERRYK] BUT ANOTHER TOLD ME THAT SINCE ALL THE PP DID NOT GO OUT AS PLANNED IT MAYBE ANOTHER WEEK
[TERRYK] SO HERE WE GO AGAIN
[TERRYK] ANOTHER WEEK
[TERRYK] I'M SO TIRED OF THIS CRAP
[TERRYK] I KNOW YOU ARE AS WELL
[TERRYK] O
[TERRYK] I HEAR HE IS STALLING
[Gullwing] figures 
[TERRYK] FOR 40% TAX
[TERRYK] IT'S DONE IN IRAQ
[TERRYK] CHINA IS PUTTING THE PRESSURE ON
[TERRYK] THUS THE DRAGON IN RENO
[TERRYK] I THINK ALOT OF THIS NEWS IS SMOKE
[TERRYK] I THINK I'M HOPING THAT WHEN THE FOREX OPENS SUNDAY NIGHT WE MAY SEE SOMETHING
[carguy] What time does Forex open tomorrow?
[TERRYK] 5 CAR GUY
[TERRYK] BUT YOU WILL NOT SEE CHANGES FOR A FEW HOURS AFTER THAT
[TERRYK] SO WHAT IS THE DINAR AT
[TERRYK] CAUSE I WAS TOLD FRIDAY THE CURRENCIES WOULD MOVE THIS WEEKEND
[TERRYK] BUT WE WOULD NOT SEE IT
[outtathebox] bid is 1163.50 and ask is 1167.59 no real change but unusal it would update on weekend, a few other currencies are also
[outtathebox] sorry ask is 1167.50
[TERRYK] OK GOTTA RUN
[TERRYK] GOD BLESS YOU ALL

Chinese yuan could become a reserve currency in the world, 2 december


Lavrov: Chinese yuan could become a reserve currency in the world
Ali Salman - 12/02/2012 - 9:40 am Did not rule out Russian Foreign Minister Sergei Lavrov to begin during the next ten years talking about converting the Chinese yuan to the major reserve currency in the world.

Lavrov said in a speech on December 1 / December at the meeting of 20 of the Council of Foreign and Defense Policy in Moscow that globalization poured in favor of many developing countries that have managed to build industries modern and raise Bmsoy living population, while suffered state of advanced decline in industrial production and shrinking the proportion of the middle class in the society.

The minister quoted economists expectation China's transformation into a leading country economically over the past five or six years. He continued: "It seems that after that will start talking about converting the yuan to major Alahiat currency."

The predicted and Russian Foreign Minister initially be a new image to the world during the next twenty years. He added that this will require changing the system of international relations, pointing out that this process will be painful.

http://www.burathanews.com/news_article_177066.html