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Tuesday, July 2, 2013

POPPY3 & TD UPDATE, 2 JULY

7-2-2013  Intel/Newshound Guru Poppy3: been told several times from very good sources that they will continue to work through RAMADON till all is accomplished because they have deadlines issued by the UNSC. 

 I AM EXPECTING THEM TO GET THE RV DONE SOONER THAN LATER BUT ONLY TIME WILL SHOW THE TRUTH. OUR TIME NOW IS VERY SHORT COMPARED TO WHERE WE HAVE COME FROM.  MALIKI IS IN A NULL POSITION AT THIS TIME WITH THE NEW 7 GOVERNORS AND THEM HAVING SECURITY POWER OVER EACH REGION. WOW THAT IS HUGE.  I AM COUNTING ON THAT THEY FINISH BEFORE RAMADON EVEN STARTS ON THE 8TH OF THIS MONTH AND THEY HAVE PROMISED THEIR PEOPLE THEY WILL HAVE HIGHER CURRENCY DURING RAMADON.  POPPY3

7-1-2013  Intel Guru TD: After several days of nada from my GOI source I heard from him few hours ago. Last week he had informed me of news out of Iraq clarifying more about currency reform. A important article was to come out today but he says it's being edited and should come out next few days, certainly this week. 

Asked about any pertinent info to which he replied the CBI, Finance committee and newly formed currency reform commission still tackling stability issues. He says at this point the building of the mechanisms of solid foundation to SUPPORT target rates is the challenges they are working on and in consultation with the IMF. 

One proposal made already was REJECTED by the IMF.
I asked if they still intend a short term manipulation for Ramadan period and he replied YES.  It's a priority to get things going.  For the first time we discussed Lower denoms and contrary to popular belief THEY ARE NOT YET READY. 


  We had a few minutes of chatting about the "wild rumor mill " and he debunked every one of them , namely : "Global Reset" (he says he's aware of some countries moving numbers this year but 192 he says IS RIDICULOUS). "The IQD RV paying for Americas involvement in the war " (sounds good but no credible direct link).

 "Iraq , if they don't RV will have to go back to Chapter 7 " (He laughed, nuff said).  "Double digit IQD (as ultimate goal)" Again he laughed. I asked him about VND and these crazy numbers about .48 cents, etc.  He said "if Saudi Arabia is at 27 cents what sense is Vietnam at anything above A PENNY.    Be back soon with more info : REMEMBER STAY A REALIST !!
  

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