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DINARESGURUS.BLOGSPOT.COM_________________ _______

Monday, January 28, 2013

I ALSO THINK THIS WEEK LOOKS GOOD FOR THIS TO HAPPEN, 28 JAN


Greetings everyone,

This is a general update with nothing specific at this time until we can verify additional information we are receiving.

What I can share and this is coming from several of our sources in and around Baghdad that there is quit a high level of activities taking place.

By activities, I am saying there are many countries that have sent diplomats.

I am reading (only one) article that says the 2013 budget will be voted on next Wednesday and not this Wednesday. I believe this to be not accurate or they are reporting this in error.

My assumption is that these countries would not have sent the upper level diplomats for an extended vacation and sit around until the Iraq leaders get their acts together. This just does not many any sense.

We are working very hard to acquire some additional information that we can share but have not done so at this time.
Even OKIE is jumping on the band wagon again by stating "GOOD AFTERNOON AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIEND'S--TODAY (MON 1-28-2013) THERE APPEAR'S TO BE A GREAT DEAL OF ACTIVITY GOING ON BEHIND CLOSED DOOR'S AND BEHIND THE SCENE. FROM INFORMATION RECEIVED TODAY IT SEEM'S THAT EVERYTHING IS VERY PROGRESSIVE AND MOVING FORWARD TOWARD'S OUR GOAL."

 So just who is correct will all be sorted out very soon and they can all fight for bragging rights and their claim to fame. Us, we only share facts not fiction. The point is not to bash anyone, but rather remind you that this will happen when Iraq says so, and not one darn minute before.

We all need to keep reading the news articles and do not read too much into them. Remember, these are very structured and they do report what they are told and what they want you to hear.

 I also think this week looks good for this to happen, but I also feel that it very well could go into February. Regardless if it is today, tomorrow or in a few weeks, or heaven to bid, several months, the people that are suffering the most are not you and I, but the Iraqi citizens. We need to continue to pray for them. I think everyone invested in this endeavor will agree that it will happen at some point in time because they will need a strong currency to support their country and projects for the future.

 Again, no bashing here, but just remember to hope for the best for the people in Iraq, Iraqi citizens!!!

Ray and I have many people trying very hard to help us out with very solid reliable news so we can share with you all, so until then, let all stay on the same page and remain positive. There is nothing that should cause you to be depressed over this or worry about it. It is coming and it is just around the corner.

As we prepare for super bowl weekend where we will be spending time with family and friends, if God willing, we just may be sharing a super something else with it.

 Blessing to all. I will come into chat in a little while and answer any questions you all may have. See you there.

Steve

MOVING FORWARD TOWARD'S OUR GOAL, 28 JAN


[..OKIEOILMAN] GOOD AFTERNOON AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIEND'S--TODAY (MON 1-28-2013) THERE APPEAR'S TO BE A GREAT DEAL OF ACTIVITY GOING ON BEHIND CLOSED DOOR'S AND BEHIND THE SCENE. FROM INFORMATION RECEIVED TODAY IT SEEM'S THAT EVERYTHING IS VERY PROGRESSIVE AND MOVING FORWARD TOWARD'S OUR GOAL.

THERE ARE MANY THING'S THAT CAN'T AT PRESENT BE ELABORATED ON BUT HOPEFULLY SOON WE WILL BE ABLE TO OPENLY DISCUSS THE DEGREE OF COMPLEXITY THAT WAS NECESSARY TO BRING ABOUT THE SUCCESSFUL CONCLUSION OF OUR HOPE'S AND DREAM'S.----TILL THEN--KEEP THE FAITH AND PRAYER'S GOING UP.

 [..OKIEOILMAN] VERY UNUSUAL DAY IN RESPECT TO HAVING TO ATTEND 2 FUNERAL'S AND A WEDDING TOMMOROW. I HATE TO BE AWAY FROM THE PHONE AT THIS CRUCIAL MOMENT
[..OKIEOILMAN] I MISS COMMUNICATING WITH ALL YOU FINE PEOPLE BUT TIME IS A RESTRICTING FACTOR PRESENTLY.--AS I SAID--I HATE TO BE AWAY FROM THE PHONE AT THIS CRUCIAL TIME

[..OKIEOILMAN] I AM VERY ATTENTIVE AT THIS TIME

[..OKIEOILMAN] THNX SAMBO AND THNX TO ALL WHO FREQUENT THIS SITE AND ESPECIALLY TO THE WONDERFUL MOD'S AS WELL AS YOURSELF WHO GIVE UNSELFSELY (SP) OF YOUR TIME

[..OKIEOILMAN] I DON'T KNOW WHICH IS WORSE ANYMORE--MY SPELLING OR MY PENMANSHIP--BOTH LEAVE SOMETHING TO BE DESIRED

[Always Hoping] ..OKIEOILMAN So glad to see you. I was feeling so depressed and praying for encouragment since I got laid off my job last week. Sure looking forward to that special post we are all waiting for. Thank you for coming in to chat with us.

 [..OKIEOILMAN] ALWAYS HOPING--YOUR NOT MORE ANXIOUS THAN I TO BE ABLE TO MAKE "THE POST"

 [AngelHeart] ..OKIEOILMAN Blessings How is your health?

 [..OKIEOILMAN] ANGELHEART--STILL HAVE A PULSE AND LAST TIME I CHECKED I PUT A MIRROW UNDER MY NOSE AND THEIR SEEMED TO BE A SLIGHT HAZE OF FOG--

 [.dc] ..OKIEOILMAN WE ARE ALWAYS HOPING FOR YOU TO COME IN AND MAKE "THE POST""".... WAITING PATIENTLY

[garfield1] ..OKIEOILMAN - Do we know why this is being held up, thanks

[..OKIEOILMAN] GARFIELD--THE COMPLEXITY OF GETTING 198 COUNTRIES ALL CO-ORDINATED AND IN AGREEMENT ON A WORLD GLOBAL RE-SET OF THEIR CURRIENCY IS MIND BOGGLING

[sambeaux777] ..OKIEOILMAN Hey young'un, We have block you off 100 acreas of prime bottom land for you when we seceed. So start packing and come on down to God' country. Tell Sednet that he is barred until he learns to say, " howdy y'all!"

 [..OKIEOILMAN] SAMBEAUX--I WILL BECOME A TEXAN THE DAY OF SECESSION

[marxthe1] why do we care about 198 countres I thought it was iraq and vietnman currency we wewe involved with?

 [..OKIEOILMAN] MARXTHE1--ALL IS TIED TOGETHER--THIS IS A GLOBAL SCENARIO

DINAR GURUS UPDATE, 28 JAN


1-28-2013  Intel Guru Okie_Oil_Man    [Do we know why this is being held up?]  THE COMPLEXITY OF GETTING 198 COUNTRIES ALL CO-ORDINATED AND IN AGREEMENT ON A WORLD GLOBAL RE-SET OF THEIR CURRENCY IS MIND BOGGLING.  ALL IS TIED TOGETHER--THIS IS A GLOBAL SCENARIO.  [post 3 of 3]

1-28-2013  Intel Guru Okie_Oil_Man    THERE ARE MANY THING'S THAT CAN'T AT PRESENT BE ELABORATED ON BUT HOPEFULLY SOON WE WILL BE ABLE TO OPENLY DISCUSS THE DEGREE OF COMPLEXITY THAT WAS NECESSARY TO BRING ABOUT THE SUCCESSFUL CONCLUSION OF OUR HOPE'S AND DREAM'S.   I AM VERY ATTENTIVE AT THIS TIME.  [post 2 of 3....stay tuned]

1-28-2013  Intel Guru Okie_Oil_Man   GOOD AFTERNOON AMERICA, SHIP'S AT SEA AND ALL OUR WORLD WIDE FRIEND'S--TODAY (MON 1-28-2013) THERE APPEAR'S TO BE A GREAT DEAL OF ACTIVITY GOING ON BEHIND CLOSED DOOR'S AND BEHIND THE SCENE. FROM INFORMATION RECEIVED TODAY IT SEEM'S THAT EVERYTHING IS VERY PROGRESSIVE AND MOVING FORWARD TOWARD'S OUR GOAL.  [post 1 of 3....stay tuned]

1-28-2013  Newshound Guru Bondlady   Article quote:  "The Central Bank issued a decision committed by all private banks and government using banking systems developed to be able to to keep abreast of developments in the international banks. added: that this decision will help to develop the banking sector and to enter the competition in global markets, plus it will help to attract foreign investments and contribute to the development process."   "and to enter the competition in global markets", international baby...bring it on...when they let them all do the auctions that helped them all to raise their capitol for one which the cbi told them they needed to do and this was a very quick way to do that, as selling usd made all of the banks participating mucho profits and hence raised their capitol to support the loans and the people and to back whatever transactions they needed to also it brought in major amounts of iqd back to the cbi preparing for what we know is about to take place the new money and new rate, i guess i should insert here, IMO, but i think i'm right and if i'm not i'll stand up and say so.

1-28-2013  Newshound Guru Doc    Also Kuwait requested the UNSC continue to keep the Iraq-Kuwait situation on the agenda the rest of the year.  This suggests chapter 7 release is [not] eminent as some suggest.  We have not seen a closed deal on chapter 7, budget, GOI, HCl and others.  We also see Maliki fighting for his political life.  We simply do not believe currency reform is at any second since the political climate continues unstable and the Kurds are still considering withdrawing from Iraq.  We hope that the current events concerning Maliki are resolved quickly and this fury of activity is actually completed.  We report, you decide.   [post 2 of 2]

1-28-2013  Newshound Guru Doc    We still remain cautiously optimistic at this point.  We have seen a fury of positive news in the past only to be disappointed.  However the current fury appears to be extremely focused on those things that we believe will preclude currency reform.  Our cautious position remains since we are still seeing delays like the budget vote.  [post 1 of 2....stay tuned]

1-28-2013  Intel Guru BWM    [Is this RV really out of Iraq's hands?]   my firm belief has always been this was out of iraq's hands TO AN EXTENT... that being, that while this is their currency I don't feel they are the controlling element in deciding the timing for this being international. I believe you will see all the items come together at roughly the same time which of course will let everyone say "see, I told you so" but at that point most of us won't care of the other outcomes, IMO.

1-28-2013  Newshound Guru Mountainman  [referencing video translation below]  I especially liked this part... Mr. Turki also stated the Central Bank of Iraq is currently in the process of applying these steps to the restructuring of the currency.  Perhaps Maliki dumped Shabs because Shabs was not moving on this... I don't know if Shab's will be back or not.   I took note of the people in the audience at that meeting ...Japanese and others were present and this meeting was held in Bagdad.

1-28-2013  Newshound Guru Kaperoni     #4 and #6 are very good and appears that Turki is moving forward to raise the value of the dinar.  They use the magic word "soon" again.  lol   There is nothing in this translation that is "different" from what we already knew.  Just that Turki himself spells it out for the attendees.   Very good and positive.  [post 3 of 3]

1-28-2013  Newshound Guru Kaperoni   ["must be taken slowly and carefully" now thats a complete understatement.]   that actually could imply a couple of different things.  Either they are taking their time preparing/implimenting this event, or they could be talking about a method in which they raise the value (float).  "Slowly and carefully" seems to say more towards a "managed float" than a "free float."  but again, we will just have to wait and see what occurs.  [post 2 of 3....stay tuned]

1-28-2013  Newshound Guru Kaperoni   [referencing video translation in posts below]   The 5%" -  IMO they are talking about the distribution of the new lower denominations of currency in Iraq He seems to say that the local currency traders will get this currency (about 5%) of what was printed.  10% will be held back for replacements, etc.  and 85% will go to banks.  [post 1 of 3....stay tuned]

1-28-2013  Newshound Guru Kaperoni   I asked...in detail about the translation of this; "Does this mean 5% is going to other banks for distribution?" and he said no, he said, "Mr. Turki expressly stated that the five percent was going to be distributed to exchange houses so people may exchange the currency for the restructured currency". I also asked him... "Did Turki mention anything about deletion of the zeroes or printing new money?" He said no [post 4 of 4]

1-28-2013  Newshound Guru Kaperoni    7) In conclusion, Mr. Turki said that 10% of the restructured currency will be retained by the CBI and 5% of the restructured currency will be distributed to exchange houses. It should be noted that Mr. Turki remained vague as to whether these changes would be put in place on a global scale, nor did he state that these changes effect only the Iraqi economy.   At no time during this speech, did Mr. Turki mention nor name the process "deletion of the zeroes", nor did he state within this speech, that Iraq is in the process of replacing the currency. In relationship to the Iraqi economy or currency, Mr. Turki continued to refer to the application of wealth to the currency, as "restructuring" of the value of the IQD[post 3 of 4....stay tuned]

1-28-2013  Newshound Guru Kaperoni   4) Mr. Turki said steps will be taken to "restructure" the Iraqi currency, which will be based on the country's resources, and the wealth of the resources will be reflected and applied to the value of the currency.  5) Mr. Turki stated that the measures taken to properly asing [asign?] or instill the correct value of the currencymust be taken slowly and carefully, and so they will be.  6) Mr. Turki also stated the Central Bank of Iraq is currently in the process of applying these steps to the restructuring of the currency.  [post 2 of 4....stay tuned]

1-28-2013  Newshound Guru Kaperoni   [translation via OutoftheWoods & Stryker]   This video surfaced today...it directly pertains to the New Iraqi Dinar investment. Dr. Abdel Bassit Turki recently spoke at the Union of Arab banks conference January 12th, 2013..."Here is the translation sent to me from ReVbo. My Arabic translator reviewed this and said it was very good and accurate.":  1) Mr. Turki stated that Iraq has major resources; which, of course, oil is a part of, but there are also other major sources of wealth within Iraq.  2) Mr. Turki stated these resources will effect the Iraq economy strongly.  3) Mr. Turki went on to state Iraq soon plans on applying this wealth to back the currency of Iraq, for the benefit of the Iraqi peoples
.

WE STILL REMAIN CAUTIOUSLY OPTIMISTIC, 28 JAN

1-28-13 Doc: We still remain cautiously optimistic at this point. We have seen a fury of positive news in the past only to be disappointed. However the current fury appears to be extremely focused on those things that we believe will preclude currency reform. Our cautious position remains since we are still seeing delays like the budget vote.
Also Kuwait requested the UNSC continue to keep the Iraq-Kuwait situation on the agenda the rest of the year.  This suggests chapter 7 release is [not] eminent as some suggest.  We have not seen a closed deal on chapter 7, budget, GOI, HCl and others.  We also see Maliki fighting for his political life.  We simply do not believe currency reform is at any second since the political climate continues unstable and the Kurds are still considering withdrawing from Iraq.  We hope that the current events concerning Maliki are resolved quickly and this fury of activity is actually completed.  We report, you decide. 

Breitling Report Monday 1282013

APPEAR THAT TURKI IS MOVING FORWARD TO RAISE THE VALUE OF THE DINAR SOON, 28 JAN


1-28-13 Kaperoni: This video surfaced today...it directly pertains to the New Iraqi Dinar investment. Dr. Abdel Bassit Turki recently spoke at the Union of Arab banks conference January 12th, 2013..."Here is the translation sent to me from ReVbo. My Arabic translator reviewed this and said it was very good and accurate.":

1) Mr. Turki stated that Iraq has major resources; which, of course, oil is a part of, but there are also other major sources of wealth within Iraq.

2) Mr. Turki stated these resources will affect the Iraq economy strongly.

3) Mr. Turki went on to state Iraq soon plans on applying this wealth to back the currency of Iraq, for the benefit of the Iraqi peoples.

4) Mr. Turki said steps will be taken to "restructure" the Iraqi currency, which will be based on the country's resources, and the wealth of the resources will be reflected and applied to the value of the currency. 


5) Mr. Turki stated that the measures taken to properly assign or instill the correct value of the currency, must be taken slowly and carefully, and so they will be. 
6) Mr. Turki also stated the Central Bank of Iraq is currently in the process of applying these steps to the restructuring of the currency. 

7) In conclusion, Mr. Turki said that 10% of the restructured currency will be retained by the CBI and 5% of the restructured currency will be distributed to exchange houses. It should be noted that Mr. Turki remained vague as to whether these changes would be put in place on a global scale, nor did he state that these changes effect only the Iraqi economy. At no time during this speech, did Mr. Turki mention nor name the process "deletion of the zeroes", nor did he state within this speech, that Iraq is in the process of replacing the currency. In relationship to the Iraqi economy or currency, Mr. Turki continued to refer to the application of wealth to the currency, as "restructuring" of the value of the IQD.

I asked...in detail about the translation of this; "Does this mean 5% is going to other banks for distribution?" and he said no, he said, "Mr. Turki expressly stated that the five percent was going to be distributed to exchange houses so people may exchange the currency for the restructured currency". I also asked him... "Did Turki mention anything about deletion of the zeroes or printing new money?" He said no.

The 5%" IMO they are talking about the distribution of the new lower denominations of currency in Iraq. He seems to say that the local currency traders will get this currency (about 5%) of what was printed. 10% will be held back for replacements, etc. and 85% will go to banks.

["must be taken slowly and carefully" now thats a complete understatement.] That actually could imply a couple of different things. Either they are taking their time preparing/implementing this event, or they could be talking about a method in which they raise the value (float). "Slowly and carefully" seems to say more towards a "managed float" than a "free float." But again, we will just have to wait and see what occurs.

#4 and #6 are very good and appears that Turki is moving forward to raise the value of the dinar. They use the magic word "soon" again. lol There is nothing in this translation that is "different" from what we already knew. Just that Turki himself spells it out for the attendees. Very good and positive.    

I AM HOPING THAT WE WILL SEE IT THIS WEEK, 28 JAN

[TERRYK] and [Amadden] CHATROOM  [01/27/2013  7:27 PM EST]

7:27 PM [amadden]       Hello, Hello everyone.
 [heaven1] amadden u spoke to tk at all is he not well or just not got any good news to share its been a while since its been 3 days for him to not be in ....
[amadden] heaven1 hello yes I have and I will go into it here in a little bit, thank you
[amadden] Ok all I am sure happy to see everyone and the chat room rolling it is always good to see all of you.  I have more to say.
[amadden] Tman33 I am hoping that we will see it this week.

[amadden] Okay, I have talked with TK and he says to say hello to everyone and that he would try to get on tonight. TK is saying tonight is still what he is hearing and of course we need to treat that and all Intel as rumor.  We do not need anyone running out and buying Dinar or Dong that they really cannot afford. Only you know if you can or not....but treat as rumor.
 [amadden] Well,  speak of the devil.


[TERRYK] HELLO ALL.  HEY, JUST GOT BACK FROM CHURCH.  RESTTING THE EYES OVER THE WEEKEND.
[amadden] The floor is all yours Terry.
 [TERRYK] LEFT IS REALLY SORE.  RIGHT IS DOING GREAT. ONLY BAD THING IS THAT IN THE LEFT I SEE 4 OF EVERYTHING SO THAT CAN BE GOOD AND BAD.  DEPENDS ON WHAT YOUR LOOKING AT.
[TERRYK] NOW, FOR NEWS. OPPS!  HOLD ON.
[TERRYK] OK. NEWS.
 [TERRYK] I HAVE A CONTACT THAT IS ONE AWAY FROM THE ADMIRAL, YET THE NEWS IS SOMEWHAT CONFUSING. ACCORDING TO HIM, THE MARSHALL'S DID PICK UP THE BANKERS ON FRIDAY AND WERE SUPPOSED TO DELIVER THE PACKAGES TO THE USPO, BUT THE CONFUSION IS WHETHER THEY WERE SMALLER PROGRAMS TO BE DUMPED INTO THE SYSTEM OR WHETHER  IT WAS THE OMEGA PACKAGES AND I'M TRYING TO GET CLARIFICATION ON THAT. ACCORDING TO THE MARSHALL, THIS SHOULD BE OVER BY THIS WEDNESDAY.

[TERRYK] THAT’S THE PP SIDE OF THINGS.  I’M STILL HEARING THAT AND THIS IS FROM THIS PAST WEEK 
THAT WE LOOK VERY STRONG TO TONIGHT OR MONDAY FOR THE RV TO POP BEFORE ALL THE PPs ARE DONE AS THERE ARE OR IS  ENOUGHT FUNDS IN THE UST TO SUPPORT THIS BLESSING. THAT IS FROM THE BOYS FROM CHICAGO.
[TERRYK] NOW GET THIS, AND LISTEN.
[TERRYK] THE FIRST BASKET THAT WILL BE RELEASED IS OURS, THE 11 CURRENCIES. THERE ARE 30 BASKETS TOTAL. THEY WILL START ROLLING OUT BETWEEN MONDAY AND THE 15th OF FEB.
WE WILL NOT KNOW WHAT BASKET OTHER THAN OURS’ GOES FIRST IS WHAT I WAS TOLD. THAT HAS THE VDN, IQD, WONG-- ALL THEM ASIA CURRENCIES. SO WITH THAT, OUR BLESSINGS ARE ON THE WAY.
[TERRYK] SORRY,  I HAVE NOT BEEN ON THE LAST FEW DAYS. EYES GIVING ME DOUBLE VISION. FEEL LIKE BIONIC MAN.  MY PREACHER SAID IT WAS GOOD TO SEE 4 OF HIM SINCE I BEEN GONE SO LONG.
[TERRYK] NOW, I ALSO WANT TO MAKE ONE THING CLEAR.  IF THERE ARE ANY OF YOU THAT FEEL THAT IM MAKING UP STUFF OR TALKING OUT OF MY [REAREND], YOU CAN LEAVE THIS SITE.  I DON’T CARE WHO YOU ARE YOU CAN LEAVE THIS SITE. I DON’T CARE WHO YOU ARE OR WHAT POSITION YOUR IN.
PERIOD. I WILL NOT TOLORATE BEING BASHED MY OWN PEEPS. PERIOD. IF YOU DON’T LIKE WHAT I SAY, OR WHEN I SAY IT, OR WHERE IT COMES FROM, THERE ARE PLENTY OF OTHER SITES FOR YOU TO GO TO.
PERIOD. THOSE ARE THE RULES.
[TERRYK] I GET WHAT I GET. SOME OF YOU MAY THINK ITS BULL.  IT’S AS REAL AS IT GETS AND SOME DAY  IF I TELL YOU WHO THOSE CONTACTS ARE,  YOU WILL DIRTY YOUR PANTS.  IN FACT, YOU MAY MEET A FEW OF THEM AT THE POST RV PARTY.
[TERRYK] BE RIGHT BACK
[TERRYK] SO TONI,  IF I HAVE ANY, AND I MEAN ANY PEEPS, THAT ARE BASHING ME IN THE ROOM AND I KNOW U SEE THEM,  SEND THEM TO AL AND WE WILL DEAL WITH THEM.
 [toni]    Yes.
 [TERRYK] THIS INFO YOU AND I GET AL IS AS STRONG AS IT CAN BE AND WE DONT MAKE THIS UP. 
[TERRYK] I HAD A CALL WITH AL TODAY AND I WAS ABOUT TO JUST SHUT THE WHOLE SITE DOWN AS IT’S FREE. YET WE HAVE OUR OWN TEAM MEMEBERS SCREWING AROUND  AND MAKING WAVES FROM WITHIN. BUT WHY HURT EVERYONE FOR A FEW THAT ARE A CANCER?  SO, WE SHALL DEAL WITH THEM. 
 AFTER ALL, I WAS TOLD THAT THERE ARE 100 BAD GUYS HIRED TO MESS THINGS UP SO I HAVE A WAY TO MESS WITH THEM.  I’M GOING TO TURN THEM OVER TO THE FEDS, AND HAVE THEIR TAXES AUDITED.  I HAVE THE CONTACTS TO DO THAT AND THATS AN EASY THING TO DO. IN FACT, I MAKE A FINDER’S FEE FOR DOING IT. 
[TERRYK] SO ANYWAY.  ENOUGHT ABOUT THAT. JUST WANTED TO GIVE YOU THE NEWS I GOT.  AND I WOULD SAY THIS,  IT’S NEVER, NEVER BEEN THIS CLOSE.  I HAVE PEEPS THAT HAVE GOTTEN THEIR PACKAGES. COMPANIES THAT ARE EXCITED. WE ARE THERE PEEPS!
[TERRYK] GOD BLESS YOU ALL.  THANKS FOR YOUR CONCERNS AND PRAYERS.
[TERRYK] AL THE ROOM IS BACK TO YOU 
[TERRYK] NIGHT ALL
[amadden] Thank you Terry.  Have a good night.

DISCUSSION OF MED, 28 JAN


Mountainman says to (07:50:05):  I especially liked this part... Mr. Turki also stated the Central Bank of Iraq is currently in the process of applying these steps to the restructuring of the currency.  Perhaps Maliki dumped Shabs because Shabs was not moving on this  just a thought

argos says to (07:51:30):mwho did the translation ?

Mountainman says to (07:52:04): Guardfian's son in law

argos says to (07:53:52): that's great   not heard from shabs for a while

Mountainman says to (07:57:49): I don't know if Shab's will be back or not

argos says to (07:58:27):  it doesnt look like he will - Turki looks very comfy in this role

Mountainman says to (07:59:26): I took note of the people in the audiance at that meeting ... Japanese and others were present and this meeting was held in Bagdad

Med says to (08:02:13): HE SEEMS PRETTY CONFIDENT DONT YOU THINK FOR A MAN WHO IN MY OPINION   WILL BE BROUGHT IN FRONT OF THE PARLIAMENT  FOR CONSPIRACY AGAINST SHABIBI I AM VERY GOOD AND YOU  AND THE DIVISION OF ASSETS
argos says to (08:02:45): hi Med - how are you ? just reading that great article
argos says to (08:03:25): fine thanks

Med says to (08:03:26): DOESNT THAT BOTHER ANYONE DID YOU SEE THE VALUES GIVEN

argos says to (08:03:52): when do you think that will come about ?

Med says to (08:04:07): WHAT DO YOU MEAN ARGOS WHAT PART

argos says to (08:05:02): bringing him to parliament for conspiracy

Med says to (08:05:07):  WELL FIRST MALIKI NEEDS TO BE DISABLED AND OUT AND NOT SURE THAT HE WILL BE THE FIRST PRIORITY HE MAY BE REMOVED FIRST SINCE HE CANT BE THE PERMANENT GOV

ONLY PARLIAMENT CAN PUT HIM IN AND THEY WONT IT WAS TUKRI WHO MADE UP THE REPORT

WHO HAD SHABIBI AND SALEH ARRESTED IT WAS ON HIS WORD THAT THE AUCTIONS WERE DESTROYING THE IRAQI ECONOMY YET HE DIDNT CHANGE ONE THING WHEN HE CAME IN

Mountainman says to (08:07:05): Thats true

Med says to (08:07:05): THERE WAS A BRIEF LINE OF BS HOW HE CAME IN AND SAVED SAVED THE CENTRAL BANK FROM DISASTER OH YEAH HOW BY HAVING AN EXTRA DAY OF AUCTIONS HE AND MALIKI SAW CA CHING

Mountainman says to (08:07:49): lol

Med says to (08:07:57): I WONDER HOW MUCH OF THOSE EXTRA FUNDS EVER SEES AN IRAQI BANK AND THINK OF THIS HE SAYS 10% ONLY WILL BE HELD BY CBI OF FOREIGN CURRENCY ASSETS 10%

OH YEAH WHO IS TAKING THE OTHER 15% SO IF THEY HAV 67 BILLION AND THAT IS 25% WHICH IS WHAT CBI HAS IN ITS RULES  AND NOW THEY ARE ONLY KEEPING 10

Mountainman says to (08:09:34): Mr. Turki said that 10% of the restructured currency will be retained by the CBI and 5% of the restructured currency will be distributed to exchange houses.

Med says to (08:09:58): 10 5  WHY

Mountainman says to (08:10:31): be interesting to see what "restructured currency" really is

Med says to (08:10:32): WHY WOULD CBI RETAIN IT YOU CANT USE YOUR OWN ASSETS AS IN CURRENCY TO BACK THE DINAR AND RESTRUCTURED

Mountainman says to (08:11:06): I agree... has no affect on foreign currency assets

Med says to (08:11:12): RIGHT HOLD ON ONE SEC

Mountainman says to (08:12:10): Mr. Turki explained the 15% ... now what about the other 85%?

Med says to (08:12:46): I GOT IT

Mountainman says to (08:12:50): personally I want part of that 85%....

Med says to (08:12:53): I KNOW WHAT IT IS IT IS THE DELETION OF ZERO'S  IT IS NEW CURRENCY HE JUST USED DIFFERENT TERM WHY CUZ HE FLAMED SHABIBI FOR USING THE TERMS DELETION OF ZERO'S

Mountainman says to (08:13:57): Mr. Turki... specifically did not mention the deletion of zero's though

Med says to (08:13:57): SO HE USED CURRENCY RESTRUCTURING AGREE BUT IT IS THE SAME THING I JUST CHECKED

Mountainman says to (08:14:17): possible

Med says to (08:14:21): IT IS THE DIFFERENCE BETWEEN TOMATO AND TOMATOE

Mountainman says to (08:14:40): or

Med says to (08:14:41): I GUARANTEE IT

Mountainman says to (08:14:45): hmmm maybe not

Med says to (08:15:27): YES IT IS IT EXPLAINS THAT NIGERIA

Mountainman says to (08:15:37): could be Mr. Turki being Maliki's monkey... could be planning on a whole new currency

Med says to (08:15:38): DID THE SAME THING IT IS THAT IS WHAT I SAID THEY ARE ONLY FOLLOWING THE SAME PLAN THEY CANT DO THAT IT WOULD BE A DISASTER TO ANYONE WHO TOOK DINAR FROM THEM

Mountainman says to (08:16:22): true

Med says to (08:16:22): THE NEW DINAR WOULD PLUMMETT IMMEDIATELY AND THEY WOULD BE IN HYPERINFLATION WITHIN 90 DAYS

Mountainman says to (08:16:50): time will tell ... truth always comes in time

Med says to (08:16:59): YUP BUT I AM NOT BETTING AGAINST ME ON THIS INTERPRETATION

Mountainman says to (08:17:22): LOL

Med says to (08:17:27): LOL

argos says to (08:19:12): Thanks for the explanationa Med, I can't wait to exchange my dinar and to never get so deeply involved in another country's government affairs ever again !!

A STORY BANK, 28 JAN


I went into my local Chase bank this past Friday to take care of some things related to my accounts. I sat down with my personal banker whom I've known for about 2 years now.

 He knows that I am invested, and he actually decided to invest himself after he and I had talked about the dinar on several occasions, and after doing some research on his own.

After my business was completed, I made a remark to him that I wish this thing would pop, so I could pay off some bills and purchase a new home... he stated that he really hopes for the same, but that he hasn't heard anything.

Well, as I said..that was Friday. This morning, I woke up to find an email from his personal email account (not his bank email). He simply stated that during a meeting that the branch had on Saturday after closing, that they received some information from the branch manager concerning the IQD
. I truly have no idea what he found out, but he asked if I was available for lunch today...and that he would fill me in on the info atthat time!

Its not unusual for us tto have lunch together, or to get together after hours...because we have become friends over the past couple years. But he has never asked to get together because of something concerning the dinar!

I have NEVER posted a bank story..or for that matter....this is only about the 2nd or 3rd thread that I have ever started...period! I am fired up about our lunch today...and I will share any info that in get later today after we meet.

It will probably be after 5pm before I am able to post what he has to say! Just for your information, this banker handles wealth management for my region for this bank. I don't know if he is involved in foreign currencies or not. Just thought I'd share what I woke up to this morning! God bless!! Go RI!!