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Tuesday, January 29, 2013

ANALYSIS OF KAPERONI & OTHER , 29 JAN


KAPERONI:  No date, but Google says it was posted 1/29/2013 (6 hours prior to find) based on hits (16) it appears correct.  Links also have embedded date of 1/29.  This is from Kuwaiti paper...

Will return to the country major interest
Economists: decision to delete the zeros from the currency .. Necessity

Iraqi Currency In Need Of A Political Decision To Save Them    By As Rashad

Before the period was announced near the implementation of the decision of the deletion of three zeros from the Iraqi currency, and that the project will be launched early next year and will continue for two to three yearsHe then appeared other comments announces lingered government to the implementation of this resolution and postponed to another date.

FULL ARTICLE & LINK AT END OF COMMENTS

KAPERONI: 
 IMO, This article can only be interpreted as a float.  Many of the quotes are from previous interviews for sure.  And the reference to Saleh implies he still was working at the CBI at the time of his comments.   But again, the article itself appears to have just come out...old information or not, it is good information.
BLUEYESINLEVIS:  "they must coincide with the beginning of the fiscal year, so you will not find space for implementation inevitably during this year .. And regrets for the postponement of the project because it is economic benefit to the country"

I dont see it as the rate not moving for 2 years..... If they start a float on Jan 1 2014.. the rate will rise..  and over the next 2 to 3 years.. we would see it up to a buck.. maybe even up to the 3.41 everyone expects.  So if the dinar is worth a dime.. say a year from now...

We will STILL be very wealthy.. cash in a little... hold some back for when it hits a higher rate. The good thing about this is..  there would be NO LOP. Also.. this article sounds very , very familiaar.. and it could be that it is a reprint in Kuwait from back last fall?  Remember .. this is not the CBI.. Mthis is Majid Picture.. the economist.

It does seem very familiar. from back in September. It begs the question, though. How serious are they about having to do it at the start of the fiscal year? In light of the present situation.. ar they going to make changes to THIS plan.. like this is a change from the old plan? Could they return to the old plan? Lots of questions.. few answers.. the nature of this investment.

Looking at other old articles.

Last fall the CBI talked a lot about it being critical to introduce the lower denoms at the beginning of a calendar year... but the idea.. IIRC.. was/is that the rate change is a separate thing... and that lifting of the rate may not be dependent on the calendar year.. and it actually needs to come in advance of the introduction of the lower denoms... so I dont see why we cant see the rate lift/float this year... still using the USD.. and then as the rate rises.. we see the release of the lower denoms in January.

TIMSTERS:  blueeyes when they introduced the denoms we hold now was in the middle of the years so do you think it really matters?.i posted it before .

JOEG:  Old or new, parts of this article make me wonder just how close (or far away) our understanding of the plan is.  It clearly states equal to a dollar after implementing the delete 3 zeroes project.

 This statement makes me wonder how accurate we are in believing the delete 3 zeroes phase is a separate step after the rise in value. 

My understanding of the board's consensus understanding is that there are two distinct phases:

1) raise the value, and then

3) delete 3 zeroes by replacing the currency. 

If that understanding is correct, then I question it.  It clearly states the rise to a dollar will occur after implementing the delete 3 zeroes project, which implies the delete 3 zeroes project is the name of the entire overall plan that includes the rise in value and the removal of the currency. 

I know, I know, some of you who take what others say as the gospel are going to scream, "We beat this to death, read Kap's other posts, blah, blah, blah." 

Well, I have read them and I've always been a bit skeptical of the two-phase plan (research my other posts), and after reading this article, I'm even more skeptical. 

I don't care what the board's consensus understanding is, this article (and others) clearly indicate the entire overall plan is called "delete 3 zeroes," not that the phrase "delete 3 zeroes" is an individual step to occur after the rise in value. 

AND, old or new, this article clearly reminds us that the delete-3-zeroes plan (which, according to the article includes a rise in value) isn't going to occur in 2013, as I have always predicted (research my other posts).  When it doesn't happen by 01Feb, who ya gonna believe? 

When it doesn't happen by 23Feb, who ya gonna believe?  When it doesn't happen in 60-90 days (or now it's down to about 50-80 days, I forget when the prediction was made), who ya gonna believe? 

I agree with almost all of the board's consensus plan (i.e., a float instead of an RV, etc.), but it's always been the TIMING of the rise in value that I don't agree with (Kap said we're allowed to disagree!). 

ALSO, I don't understand the selective yellow highlights (please don't get me wrong, I love the highlights, but they seem a bit skewed at times),  For example, why isn't the text highlighted that talks about nothing happening for two years?  Only the text of the people who says it has to happen now is highlighted.  There are two sides to the story, those who say it has to happen now and those who say it has to wait. 

Those who say it has to wait are no less credible than those who say it has to happen now.  These articles are like our newspapers that quote democrats and republicans.  dems and repubs are usually 180 degrees opposite (just like in this article), and the ones currently in power are the dems so what they say goes. 

Same for this article---Maliki is in power, so what he and his side say goes, whether we like it or not.  Therefore, I'm sticking to my guns and my original prediction that it ain't gonna happen in 2013.  We'll see who's right.  Just an opinion.

KAPERONI: 
 I have my own interpetation of that quote.    If they float the dinar, it will not be implimented into the budget this year anyway.  Only after it's value is equal to, or greater than the dollar will that happen.   Therefore, this statement is a bit misleading to us as all we care about is the rise/float/rv to begin.   If Iraq begins the float now, I would expect that 2014 budget would incorporate the rate of the dinar.

TONY:  I maintain that maliki will be removed just like saddam, the USA is in full control as they have been from the start. Wasn't the US that devalued the dinar?

 the reality is the board of directors gave the governor the power raise the value of the iraqi dinar and as kap has said it will be a float so the value of the dinar can rise dependent on the market demand.

There would be no reason for the board of directors to give the governor of the CBI power to raise the value if they were not about to implement it period. I understand you frustration joeg that's probably why you are so negative.

But the reality is there are far more learned and informed people who dedicate their to educate themselves and find factual evidence which supports an increase in the value of the IQD in first quarter of 2013 and kap and steve have a lot more knowledge than most. Period!

JOEG: 
 Kap, lol, I hear ya bro'.  I'm just trying to stir the pot!

Tony, c'mon, man, it's just an opinion, like everyone else's.  I agree with almost every aspect of Kap's interpretation except the TIMING of the event..  Let's face it, all the gurus on all the websites (including Kap and Steve) have the same batting average, 0.000, when it comes to predicting the timing. 

Last year, it HAD to happen before this conference or that event or this banking symposium or that thing or this thing or...., and EVERY time, the predicted date came and went.

 Now, the timing prediction is 23Feb based on the IMF thing, and it seems from last night's call to support that prediction the team has mysteriously changed its tune by now saying that Malarkey will give up and step down sometime next month, regardless of the fact that Kap has posted multiple times in the recent past that he believed Malarkey is a dictator and won't ever step down voluntarily. 

So, will he or won't he step down?  I happen to believe he won't voluntarily step down, which is one of the reasons why I believe it won't happen in 2013 and certainly not by 23Feb.  The team sort of supported my theory on last night's call by saying there's too much political instability for the RV/float to happen now (well, I think that's what Steve said, I may be wrong because I can't remember much anymore).

Tony, I no longer have frustration because I no longer listen to ANY timing prediction from ANYONE.  I have my own timing prediction that I'm at peace with---I don't need to think it's going to happen every other month just to make me feel good.  YES, I agree with the team that it will eventually happen, and I agree with Kap that it's going to be a float, and I agree with other aspects of his interpretation.

 But I don't agree with ANY of these timing predictions that pop up every other month.  Political instability, no tariff infrastructure, no admin/contract law, no nothing, etc.,etc..  I believe (an opinion) they're simply not ready.  Yes, they NEED it, we all agree on that, but I don't think they're ready. 

There's a difference between "need" and "ready."  And remember, Malarkey is in charge, and Kap occasionally reminds us of Malarkey's weak dinar policy.  Why all of a sudden do we believe Malarkey is going to step down voluntarily next month--especially when we know how crazy he is, which means he'll fight tooth and nail to continue his weak dinar policy? 

Is it because of the IMF or the infamous mysterious "PTB" putting pressue on him.  C'mon, gimme a break (just an opinion).  As I said, who ya gonna believe when 23Feb comes and goes?  I think Kap and the team are the best on the Internet, but personally (and this is just my opinion, so ignore it all you want), I'd like to see all the TIMING predictions end so the team can focus on bringing us the story as it unfolds.  As they say, "let it come to us," so why do we need a timing prediction every other month to make us feel good? 

When a caller asks when it's going to happen (as if anyone really knows), I'd rather hear Kap and Steve say something like, "We don't do timing predictions, just let it come to us."  Tony, see you on 23Feb.  I've posted multiple times that, if I'm wrong, I'll stand on Kap's front lawn and shout I was wrong.  When 23Feb comes and goes, will you do the same?

January 29, 2013 at 1:58 PM        

FULL ARTICLE & LINK

No date, but Google says it was posted 1/29/2013 (6 hours prior to find) based on hits (16) it appears correct.  Links also have embedded date of 1/29.  This is from Kuwaiti paper...

Will return to the country major interest

Economists: decision to delete the zeros from the currency .. Necessity

Iraqi Currency In Need Of A Political Decision To Save Them    By As Rashad

Before the period was announced near the implementation of the decision of the deletion of three zeros from the Iraqi currency, and that the project will be launched early next year and will continue for two to three years. He then appeared other comments announces lingered government to the implementation of this resolution and postponed to another date.

So is the project will remain a dead letter, as described by the Deputy Director of the Central Bank of the appearance of Mohammed Saleh? .... And received the decision to delete the zeros from the Iraqi currency a lot of opinions pro and con, there Economists believe that the decision will lead to the collapse of the national currency and see some last he would return to the country benefit the country

It is unfortunate patient in its implementation because it is a joint venture between the government and the central bank.

As long as the government seeks to postponed due to security concerns, it can not be implemented in this year or the following year, according to deputy director of the Central Bank of timing is very important in this case is also implemented, they must coincide with the beginning of the fiscal year, so you will not find space for implementation inevitably during this year ..

 And regrets for the postponement of the project because it is economic benefit to the country as long as improve the efficiency of the currency and reduce the impact of large numbers, then dealing with cash needs into categories cash large and small, as will be dealt again categories such as (50 dinars) and (100 dinars) and (200 dinars) in addition to less than the dinar categories such as (half a dinar) and (quarter of a dinar) and (50 fils) and (25 fils).

This is confirmed by financial and economic expert at the Central Bank Majid picture that sees no difficulty in implementing the decision because it will help in the process of reducing the trading volume of currency in transactions large and will lead to fee pricing policy more accurate in the future as long as it will be dealing thousands and millions rather than billions, as well as its role in detect fraud earlier because the central bank will impose on banks use very modern techniques to detect fraud.

He adds, As the technologies that will be used in the printing of the new currency will be difficult to penetrate unless the gangs behind it or organization backed by the state because the precise specifications and styles to be set by the central bank will be very strict.

In contrast warns economist Tawfiq inhibitor of the collapse of the national currency in the case of the application of the decision to delete the zeros three of them, pointing to the need to prolong the period of the currency exchange and not withdrawn the old currency and launch new direct, but do it together so it would not cause harm to the economy or any direct impact on living conditions of the citizens.

On the other hand, sees an inhibitor that counterfeiting process is another reason to collapse and therefore warns that happens, especially that there are great bands and mafias currency capable of forging the biggest Iraqi currency.

Most citizens see the decision to delete the three zeros from the national currency look apprehension after their pockets used to carry large paper groups and accustomed stakeholders including dealing with hundreds of millions.

The businessman believes weighted in favor of deletion of zeros would hurt the level of share trading in the Iraqi market for securities, because there shares will be lost in case of deletion of zeros.

And works weighted in stock since 2005 and increased his passion for them when evolved using screens electronic, but does not hide his fear of failure dealing with them, especially as the stock's foreign exchange reduced the lead to block the signing of agreements with companies of foreign investment, which believes that the change of currency will reduce profits.

For his part, sees an assistant professor in the College of Business and Economics Adel Abdul Jalil said Iraq is ready now for the deletion of zeros from the dinar, because it needs to stabilize security, political and economic, and that Iraq opinion does not need to replace the currency as it is needed to control the oscillation happening in the exchange rate of the dinar against the dollar.

Jalil confirms that the lifting of the zeroes will cost the state budget large sums may open the door for financial corruption and waste of public money as well as failure to address the problem of inflation because the Iraqi market for all imported goods and services from abroad, which means a large drain of hard currency.

In response to these concerns, stresses, deputy director of the Central Bank «the power of the Iraqi dinar, which became like a hard currency thanks to the policy of the central bank in control of the cash raised in the domestic market. He pointed to the existence of a large cash reserve of hard currency is kept to face the difficult circumstances that may occur in the country gives the strength of the dinar against foreign currencies.

The central bank's policy is aimed, according to the benefit to the stability of the exchange rate of the dinar against the U.S. dollar, likely equal to the price of the Iraqi dinar against the U.S. dollar during the next two years after the implementation of the project to delete three zeros from the Iraqi currency. And in favor of the view that the Iraqi citizens need to raise awareness in the villages and towns and schools also require that students have a role in the media help citizens to receive the project.

The expert economic Majid picture this view, explaining that the circulation of the new currency would be gradual so as not exposed citizen to any defect or blackmail the owners of interests until withdrawing the old currency fully, on condition also do a mass media campaign is overseen by the central bank and entities associated with it to educate citizen.  LINK
http://www.annaharkw.com/Annahar/Article.aspx?id=371567&date=29012013

I'M EXPECTING AN ANNOUNCEMENT TOMORROW NIGHT ABOUT THE RV, 29 JAN

TerryK 1/29/2013 @ 5:44 PM EST
[TERRYK] I’M SO IMPRESSED I HAD TO COME IN
[TERRYK] OK ALL LISTEN UP…….. O GOT SOME THINGS WORKED OUT IN VEGAS WITH CHINA
 [TERRYK] HE IS ON HIS WAY BACK TO THE BIG HOUSE…TOMORROW HE MEETS WITH A LOT OF DIGNITARIES 
[TERRYK] I’M EXPECTING AN ANNOUNCMENT TOMORROW NIGHT
[TERRYK] ABOUT THE RV
[TERRYK] AND NOT THE PP

[TERRYK] THEY ARE AFRAID OF THE PEEPS THAT GET THE PP WILL DOUBLE DIP, LIKE I HAD NOT THOUGHT OF THAT MYSELF
 [TERRYK] SO THEY WILL OR ARE SUPPOSED TO COME TO A RESOLUTION AND THIS IS GOING TO BE ALL ON HIM AND MAKE HIM THE BIG MAN
[TERRYK] SO NOW WATCH WE HAVE THE LINCOLN MEMORIAL 
[TERRYK] WE ARE GOING TO HAVE THE KING OBAMA STATUE NEXT
[TERRYK] WATCH
[TERRYK] I KID YOU NOT
[TERRYK] NOT AFTER THIS
[TERRYK] HE WILL BE DEEMED THE SAVIOR
[TERRYK] OF THE WORLD
[BamaSteve]    Is this a long time source? 
[TERRYK] THE WAY THIS IS PLAYING OUT
[TERRYK] BAMA WHY DO YOU ASK THAT TIME AND TIME AGAIN
[TERRYK] WHAT DOES IT MATTER
[BamaSteve]    Because the source haven't been right yet
[TERRYK] OH YEA THEY HAVE BAMA
[TERRYK] YOU JUST DON’T SEE WHAT THEY HAVE BEEN RIGHT ABOUT
[TERRYK] BUT HEY IF YOU DON’T LIKE IT BAMA
[TERRYK] YOU ARE MORE THAN WELCOME TO GO SOMEPLACE ELSE
[TERRYK] OH WAIT
[BamaSteve]    Just wondering if this source has a good track record with you?
[TERRYK] THERE ARE NONE
[Midnight Blue]    When will the announcement be made?
[garfield] BamaSteve - Can you please bring in your own Intel so we can check it out?
[TERRYK] DON’T KNOW THAT PART YET MIDNIGHT
[amadden] garfield    
[TERRYK] JUST GOT THIS FROM DC
[TERRYK] TIER 1 2 3 ARE DELIVERED CONFIRMED

[golferiam]    won't those who have already received the PPs have the opportunity to double dip? Not that I care...good for them.
[skysthelimit]    TK
[TERRYK] MONIES DISPURSED
[TERRYK] 4 AND 5 ARE NOT
[TERRYK] OMEGA AND CMKM NOT YET
[spiritlifter] I have to respond to this the people who have received the pp's already have not access to their funds until the switch is hit for everything meaning back on the gold standard personal info take it or leave it
[TERRYK] HOPING TONIGHT THEY GO OUT
[TERRYK] THANKS SPIRIT THAT IS SPOT ON
[TERRYK] I DID NOT KNOW IF I COULD SAY THAT OR NOT
[spiritlifter]    it has been told a date of the event but signed and so all is mum
[TERRYK] YEA I DON’T HAVE THE ND SO I CAN TALK A BIT
[TERRYK] YET ANYWAY
[amadden] waynoiam2 part of the PP's
[waynoiam2] Please tell me nothing to do with CMKM Diamonds
[TERRYK] I LIKE CMKM DIAMONDS
[TERRYK] WANT TO KNOW WHY
[TERRYK] THE COMPANY I WORK FOR OWNS 70% OF THEM
[TERRYK] AUSI BASED COMPANY
[TERRYK] YES
[waynoiam2] the big 
[waynoiam2] Penny stock S C A M it was
[TERRYK] NOPE WAYNOIAM
[TERRYK] ITS NOT
[TERRYK] IF YOU THINK IT IS I WILL BUY YOUR SHARES RIGHT NOW
[TERRYK] RIGHT NOW
[waynoiam2] I got my Shares in CERT
[TERRYK] YEA
[TERRYK] I WILL BUY THEM
[TERRYK] PM ME
[TERRYK] PHONE
[amadden] [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 members 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 that’s an easy thing to do. In fact, I make a finder’s fee for doing it.
[TERRYK] OK HERE IS THE OPTION I HAVE
[TERRYK] I CAN SIT HERE AND TELL YOU ALL WHAT I JUST GOT
[TERRYK] WHICH WOULD BLOW YOU AWAY
[TERRYK] AND MAY HAMPER WHAT IS GOING DOWN
[TERRYK] OR I SHOULD GO AWAY AND SIT ON MY HANDS
[TERRYK] AND LET THIS HAPPEN
[DISHMAN] ahaha 
[TERRYK] DISHMAN KNOWS WHAT I’M TALKING ABOUT DONT YOU
[TERRYK] OK I JUST GOT ANOTHER CALL AND WAS TOLD WHAT DID I TELL YOU 
[TERRYK] SHUT UP
[TERRYK] LET’S SEE WHAT TOMORROW BRINGS
[TERRYK] MAYBE WE CAN TALK ABOUT IT ON THE CALL A BIT
[TERRYK] I WILL SAY THIS
[TERRYK] THERE ARE A FEW IN THE ROOM THAT HAVE VERY SIMULAR SOURCES THAT KNOW WHAT I’M TALKING ABOUT IS REAL
[TERRYK] AND IT IS THAT CLOSE
[TERRYK] JUST WATCH WHAT O DOES AND WHERE HE IS AT
[TERRYK] AND READ WHAT I HAD POSTED EARLIER
[TERRYK] GOD BLESS YOU ALL
[amadden] Do you all remember TK saying a long time ago on one of our calls that a good chance before all this goes down that sites like ours could be shut down and TK has to decide if he should talk or sit on his hands, because giving you some news is better than none at all because we are shut down....so something to think about.
[TERRYK] LATER
[DISHMAN] All GREAT stuff coming our way 
[TERRYK] TELL THEM AL WERE WE SHUT DOWN EARLIER THIS WEEK
[TERRYK] AS A WARNING
[TERRYK] OR LAST WEEK SORRY
[amadden] yes we had a warning
[TERRYK] WE ARE THE LARGEST SITE OUT THERE
[amadden] and it was not good remember when you could not get into the forum that is when it all happened
[TERRYK] WITH MORE THAT 112K MEMBERS
[TERRYK] OVER 1 MILLION HITS A WEEK
[Cougar13] Al can you kick TK so we don't get shut down 
[TERRYK] YES WE ARE LIKE FOX 
[DISHMAN] ha-ha
[TERRYK] LIKE THAT
[TERRYK] WE ARE LIKE FOX
[TERRYK] I LOVE FOX
[TERRYK] FOX ROCKS
[amadden] Yes I can but I would not, it is his site and he has the final decision
[TERRYK] THE FIVE RULES
 [TERRYK] THANKS AL
[TERRYK] YOU’RE THE BOMB
[TERRYK] EVERYONE WATCH FOX
[TERRYK] GOD BLESS I’M GETTING OFF OF HERE FOR A WHILE MAY BE BACK LATER WHO KNOWS

WE HAVE A RATE OF$5.25 FOR IQD, 29 JAN

1-27-2013 Jman1: Here, I'll do Frankie one better -- From my source Rebel: We have a RATE, and it is 5.25. In the new IMF document, subsidized by the latest UN protocol with all the loan paybacks in place. GO LOOK!! we now know what it is !!! GLORY GLORY GLORY!!!! They will be paying all their debt in the coming months with this wonderful rate of 5.25! If you see me running through the streets naked, please either join me or look the other way!!

DINAR GURUS UPDATE, 29 JAN

1-29-2013  Intel Guru OCrush   Tomorrow is the last day for the law makers to submit there financial statements (this includes parliament, ministers, presidents and so on).  They have 30 days to submit them and it started January first and ends January 30th 2013.  This falls under the integrity law and for those that do not submit there financials they will be investigated under the law. As of January 18th only 162 members submitted there financials, 151 were still holding out.  Najaifi, Maliki and a few other high ministers and presidents already submitted there financials mid-January.  Most law makers that have not submitted the financials come from Iraqiah (Allawis former bloc).  They will probably resign to save themselves.  [post 1 of 2....stay tuned]

1-29-2013  Intel Guru TerryK   WHAT I JUST GOT AND I CAN’T GIVE IT ALL:  O [OBAMA] IS IN VEGAS MEETING WITH CHINA.  HE IS DOING OTHER THINGS BUT THAT’S THE MAIN REASON. THEY ARE IN MEETINGS TO ENSURE FUNDS ARE ALIGNED TO SUPPORT THIS RV THAT IS COMING, COMING LIKE THIS WEEK, MAYBE AS SOON AS TOMORROW NIGHT.  NO RATES.  IT’S ALL IN GETTING THIS DONE.  CHINA WANTS IT DONE NOW.  PERIOD.

1-29-2013  Newshound/Intel Guru BGG   The Term Limit Law was passed. They are making legitimate progress in the news.  I have said there will be no RV until they deal with Maliki in some way.  It is possible that he stays if the IMF & UN are comfortable enough to have him in place. The passing of The Fed Courts Law and the Term Limits Law may be enough to make them comfortable.  Huge news...The Supreme Court Justice in Iraq had corruption charges against him.  I don't think we are going to see a rate in the budget.  I don't think it is the linchpin to the RV.  I think dealing with Maliki is going to be the linchpin. They don't want to turn things over to a dictator.  We are in the home stretch, it's not very far off.  The news is all good, let's hope for good things in a week or so.

1-29-2013  Intel Guru TerryK   IM HEARING ON ONE SIDE WE ARE TO SEE THIS BLESSING ANY MOMENT AND YET SOME ARE SAYING THAT WE MAYBE ON HOLD...BUT I DONT PUT STOCK IN IT AT ALL.  IM STICKING WITH WHAT THE WASHINGTON SOURCE TOLD ME YESTERDAY THAT WE ARE THERE.  I WAS BUMMED WHEN WE DID NOT SEE THIS SUNDAY NIGHT AS I WAS TOLD BUT YOU ALL HAVE TO UNDERSTAND I BRING WHAT IM BEING TOLD FROM MANY SOURCES.  IF THINGS WORK OUT AND THE SOURCES ARE TRUE WE CAN STILL BE LOOKING AT THIS ANY TIME.

1-29-2013  Intel Guru Frank26   Who cares about ch7 anymore?  Few.  Because It's waiting for timing and KW only.  Also, Is oil the only thing to back up RV?  NO!!! What is on top of this OIL?!  GAS and WATER.  MORE VALUABLE than oil.   Why?  Because it is for Iraq and some countries around them for trade. Infrastructure and Commerce growth.  Hence The Chamber of Commerce immersed in Iraq NOW. You see, Commerce is the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural and Impacts their INTERNATIONAL status with conditions of a valued currency. 

1-29-2013  Newshound Guru Adam Montana  With the current state of things, it's starting to look like the stars are lining up in our favor.  I have 100% confirmation from several major banks that they DO have plans to move from "no dinar" to "bring it on!"  so... until that RV is announced, we still wait. 

1-29-2013  Intel/Newshound Guru Poppy3   We know about the call for the vote on the budget & that doesn't mean that the RV will happen when it is passed, but it is a step on the ladder and they have made a few steps in the last few days.   I think there are two things left before the RV:  1.  Dealing with Maliki   2. someone in charge of  the CBI that the IMF approves of.  I don't see them working with Turki.  

1-29-2013  Newshound/Intel Guru BGG   they are moving right along and like I said... I believe we’re in the home stretch...we’re in good shape.

1-29-2013  Intel Guru Gankins   We are right on target for the...RV. Should be seeing this all very soon.  [Do you think it will go very far into 2013?]   no.

1-29-2013  Newshound Guru Med    REMEMBER THOUGH  THAT IS NOT EXCHANGE RATE,  THAT IS THE REPLACEMENT OF WHAT IS OUT NOW VERSUS WHAT THEY WILL RELEASE  AND JUST HOW MUCH.  THE RATE  CAN GO ANY DIRECTION.  I STILL THINK THE BEST WE WILL SEE  IS AROUND THE SR TO ABOUT .84.    THE SR IS ABOUT .28 TO .33 [post 2 of 2]

1-29-2013  Newshound Guru Med   I AM JUST GOING OVER... THAT ARTICLE...THE TRANSLATION  FOR LIKE THE 20TH TIME.  I AM TOTALLY CONFIDENT IN WHAT I DETERMINED IT WAS SAYING. THIS IS ABOUT THE REVALUATION AND DISTRIBUTION OF NEW CURRENCY VALUES.   IT WILL BE DONE SLOWLY BUT SLOWLY AS IN HOW THE DENOMS ARE RELEASED.  THEY ARE NOT GOING TO FLOOD IRAQ.   I AM SAYING  BY THE ARTICLE, THE RELEASE OF THE RESTRUCTURED CURRENCY  IS GOING TO BE OVER,  IT LOOKS LIKE WHAT THEY FIRST SAID, TWO YRS

I LOOK OUR RV FOR THIS WEEK, 29 JAN

[TERRYK] GOOD MORNING ALL
[TERRYK] HOW ARE WE TODAY
[TERRYK] I CANT SEE CLOSE 
[TERRYK] FOR CRAP
[marylou] Good morning! How is the eye?
[TERRYK] THANKS FOR ASKING
[TERRYK] SO IM HEARING ON ONE SIDE WE ARE TO SEE THIS BLESSING ANY MOMENT 
[TERRYK] AND YET SOME ARE SAYING THAT WE MAYBE ON HOLD
[TERRYK] BECAUSE OF FUNDS MISSING WITH THE PP STUFF BUT I DONT PUT STOCK IN IT AT ALL
[skysthelimit] they say why HOLD?
[skysthelimit] opps sry
[TERRYK] WE ARE LOOKING INTO IT
[TERRYK] THIS AM
[TERRYK] I DONT PUT STOCK INTO IT YET
[TERRYK] IM STICKING WITH WHAT THE WASHINGTON SOURCE TOLD ME YESTERDAY THAT WE ARE THERE
[TERRYK] NOW WHAT IS THE WORLD SAYING
[TERRYK] WHATS GOING ON
[TERRYK] I HAVE NOT BEEN ON IN THREE DAYS
[TERRYK] EYES HAVING HARD TIME FOCUS
[TERRYK] HEY DAGS
[kktwahoo]    I saw somewhere last night that the PPs would be delivered by the USPS starting today, but have NOT been able to verify it yet!
[TERRYK] IS THAT OMEGA
[TERRYK] OR CMKX
[TERRYK] DO YOU KNOW KKTWAHOO
[DINAR BANKER] Hey    
[TERRYK] HEY DINAR BANKER
[TERRYK] HOW WE DOING THIS AM
[TERRYK] SORRY PHONE
[TERRYK] AWE DOING OK
[TERRYK] LEFT EYE CANT SEE ANYTING
[TERRYK] 4 VISIONS
[TERRYK] RIGHT EYE SEE FAR SHARP
[TERRYK] BLURRY NEAR
[TERRYK] SO MAKES IT A PAIN TO BE ON PC
[TERRYK] THANKS FOR ASKING
[TERRYK] I KNOW WHEN ITS DONE IT WILL BE GREAT
[TERRYK] THANKS ALL FOR YOUR PRAYERS

[TERRYK] YEA WONDERFUL SPACE PROCESS AND YET TO BE BLURRY
[TERRYK] GO FIGURE
[THJ]    Do ya see the IQD before the weekend?
[TERRYK] THJ IM HEARING YES TO THAT
[TERRYK] IM WAS BUMMED WHEN WE DID NOT SEE THIS SUNDAY NIGHT AS I WAS TOLD
[TERRYK] BUT YOU ALL HAVE TO UNDERSTAND I BRING WHAT IM BEING TOLD FROM MANY SOURUCES
[TERRYK] SOURCES
[duffy2] TK: As long as it happens!!!!!
[TERRYK] IT WILL DUFFY
[TERRYK] IT WILL
[TERRYK] IT HAS TO
[tradewind1]    have you heard on a back wall or must by ???? With isx and budget
[TERRYK] YES TRADEWIND
[TERRYK] I WAS ON A CALL THIS MORNING
[TERRYK] AND GET THIS
[TERRYK] THE RV WILL BE OUT BEFORE THE PP
[TERRYK] ARE ALL DONE
[TERRYK] NOW THE CHINA BIG SHOT IS IN VEGAS
[TERRYK] GUESS WHO THEY ARE MEETING WITH TODAY
[tradewind1] O
[TERRYK] YEP
[duffy2] TK: Why is Vegas the focal point of all of this??
[TERRYK] NOW I GOT THAT FROM A LITTLE BIRD
[Nannie] I saw on the news this morning that O was going to be in Vegas today. It was Good Morning America
[TERRYK] WONDERFUL
[TERRYK] I HAVE NOT HAD THE TV ON YET
[TERRYK] I LISTEN TO BECK
[TERRYK] ON RADIO IN THE AM
[tradewind1]    did they tell u a must have date?
[TERRYK] THATS WHAT THIS MEETING IS ABOUT 
[TERRYK] LIKE NOW DATE
[TERRYK] HERE IS WHAT PUZZLES ME
[TERRYK] I THOUGHT
[Nannie] Meeting about immigration
[TERRYK] I WAS TOLD O HAD NO CONTROL
[TERRYK] I GUESS HE MUST HAVE SOME
[duffy2] Steve I from .Peoples Dinar said lots of High Ranking Officials from other countries have converged on Bagdad. Have you heard that too???
[dblood] Whatever happened to O resigning and the effects of Nesara? Please advise.
[TERRYK] I DONT KNOW DBLOOD 
[TERRYK] IM STILL WAITING ON THAT ONE TOO
[THJ]    Seems there is a lot of stuff going on behind the scenes.
[TERRYK] OH WOW THANKS THJ
[TERRYK] THERE IS 
[THJ] skysthelimit 25th Feb.
[TERRYK] ALOT OF CARDS BEING THROWN AROUND
[skysthelimit] THJ thnx
[THJ] skysthelimit 15th.
[TERRYK] THJ WILL YOU KEEP US UP TO DATE WITH THAT
[THJ]    Hard to get a lot of info. Say an article about the lawyer that had brought the case. 
[skysthelimit] that's Orly Teitz a woman
[THJ]    I'll try to find the article.
[TERRYK] THANKS THJ
[TERRYK] AND WE CAN HAVE IT IN THE FORUM
[intheriver] The Supreme Court's website shows that docket file no. 12A606 was originally denied by Justice Anthony Kennedy, a Reagan appointee, on Dec. 13. On Jan. 9, Chief Justice Roberts sent Dr. Taitz's application to the full court for a review scheduled for Feb. 15.
[crafter] Mrs. Seafood GM again--it's great to see    back in the room
[TERRYK] THANKS CRAFTER
[TERRYK] SORRY BEEN A WHILE
[TERRYK] EYES NOT THAT GREAT
[TERRYK] BUT I DO HAVE EYES FOR YOU
[TERRYK]  LOL
[intheriver] THJ Among the aliases Obama allegedly used are Barry Soetoro (used while teaching law at the University of Chicago) and Harrison J. Bounel. Birthers contend that by entering Obama's claimed Social Security number (042-68-4425) into background check systems, the name Harrison J. Bounel shows up in search results. Forgery of government documents is considered a felony.
[duffy2] Intheriver: That says it is just a Review. I wonder if anything will come of it. I think all Justices review it and they I guess can either decide to go futher or drop it. Maybe depends how much payola they get. (lol)
[THJ] duffy2 It will depend on how the argument has been presented. No one can be president as a felon.
[rich17]    Do you have any thoughts on why it did not go down this weekend? Do you think it was Obama?
[TERRYK] I HAVE NOT A CLUE OTHER THAT IT WAS NOT READY
[rich17]    Do you have any feel for a timeline at this point?
[TERRYK] RICH IM THINKING IF THINGS WORK OUT AND THE SOURCES ARE TRUE WE CAN STILL BE LOOKING AT THIS ANY TIME
[TERRYK] LIKE THIS WEEK
[TERRYK] BUT WHO KNOWS
[TERRYK] THIS IS ALL IN GODS HANDS
[TERRYK] WHEN HE WANTS IT 
[TERRYK] OH TRUST ME I CAN SEE THRU ALOT OF YOU
[rich17]    Thank you. I appreciate you taking time to answer. Get to feeling better soon.
[MikeH]    Thanks
[TERRYK] THANK YOU RICH
[TERRYK] SURE MIKE
[TERRYK] HEY ALL I WILL BE BACK IN A FEW
[TERRYK] GOT TO GET SOME THINGS DONE
[TERRYK] OK

__________________________
[TERRYK] OK LET ME TELL YOU
[TERRYK] WHAT I JUST GOT
[TERRYK] AND I CAN’T GIVE IT ALL
[TERRYK] BUT PARTS
[TERRYK] OK
[TERRYK] O IS IN VEGAS
[TERRYK] MEETING WITH CHINA
[TERRYK] SAYS HE IS DOING OTHER THINGS
[TERRYK] BUT THAT’S THE MAIN REASON
[TERRYK] CHINA DOES NOT WANT TO OWN THE USA 
[TERRYK] THEY ARE IN MEETINGS TO ENSURE FUNDS ARE ALIGNED 
[TERRYK] TO SUPPORT THIS RV THAT IS COMING
[TERRYK] COMING LIKE THIS WEEK
[TERRYK] MAYBE AS SOON AS TOMORROW NIGHT
[TERRYK] NO RATES
[TERRYK] THERE IS MUCH DETAIL THAT GOES WITH THIS
[TERRYK] HAVE BEEN ON THREE CALLS SINCE LAST LEFT YOU
[TERRYK] SO ALOT A LOT GOING ON
[TERRYK] IT’S ALL IN GETTING THIS DONE
[TERRYK] CHINA WANTS IT DONE NOW
[TERRYK] PERIOD
[TERRYK] LATER ALL
[TERRYK] GOD BLESS

BRING IT ON!, 29 JAN

1-29-13 Adam Montana: With the current state of things, it's starting to look like the stars are lining up in our favor. I have 100% confirmation from several major banks that they DO have plans to move from "no dinar" to "bring it on!" So...until that RV is announced, we still wait. Comment 

FEBRUARY WOULD SEE THE BEGINNING OF AN INFLUX OF PEOPLE EXCHANGING IRAQI DINAR, NEW STIPULATIONS THAT MAY GO INTO EFFECT IN THE RV OF THE IRAQI DINAR, 29 JAN


Hello again fellow Dinarians...I wanted to post an update on the info received from my friend at the bank. But first, I cannot believe how many people have been on this thread! For those of you that left well wishes for my grandpa and the situation there...My sincere Thanks! 

The bank involved here has begun, and actually has been for about 6 weeks, putting together an "organized plan" as far as the dinar is concerned. 

To the public, their position has not changed...and will not until the revaluation is made public (basically goes international) as far as trading is concerned.

 They WILL be involved in the currency exchange, and are dealing with some new stipulations that may go into effect...and I truly hope they dont! 

One of these possible "rules" is a limit on the amount an individual will be able to exchange during a certain period of time. 


So, if they do indeed place that stipulation on the exchange, those who hold several million could be forced to wait a period before they are able to exchange all that they hold. 
He said that it was not made clear if this was a bank policy, or something that our wonderful government has come up with...but at this time...it is not in force.

The million dollar question....When? They stated that Feb would see the beginning of an influx of people exchanging dinar. No date was given, but due to some of the changes that the bank is to implement on Feb 1, He believes early in the month.

There will not be any big signs out front of the banks saying "COME IN AND EXCHANGE YOUR IRAQI DINAR HERE", all transactions will be handled just as any other foreign currency transaction would.

During their meeting, exchange rate questions were addressed. The woman giving the information would only speak to the fact that it would change on an hourly basis, and any transactions would be exchanged at that current rate which would be decided by Iraqs Central Bank.

This man has been in banking for 24 years! His statement to me about this situation was when it comes to money...everyone is out for number one! This situation is something like he has ever seen, and he told me...something is up.

 For the past several years the bank had a firm stance that the dinar was not going to be a part of the banks services! And now....they are changing everything to the exact opposite! 

He told me that only certain levels of bankers are privy to certain info, and even though this woman who was there speaking at this Saturday morning meeting is a regional director...she is in the dark about all of the details. She was simply passing on information to the branch level because someone higher up deemed it was necessary to do so.

He believes that certain people at the branch level will get more info in the coming days. Through this whole conversation we had, one thing that was never mentioned was...are they going to? It was as if there is absolutely no question what so ever that this revaluation will happen!

When I asked. What if they dont, he smiled and said thats not the question....the question is the when and how much!!

Anyway, that is the info and the sum of our conversation this morning. By the way...this bank is a Major US/International bank. Take the info for what its worth...personally...im about to pop waiting for the next few days to come around. And just maybe get another email from him.

Since he specializes in the area of wealth management, I would think he is a good source. He has never given me a reason not to trust him, and knowing him the way i do...and just listening to the way he was talking about it, and acting.....He was not blowing smoke!!! He is onto something Fantastic!!

Thats all for now. Thanks to those who were patient while waiting on me to get back. I may pass on any further info I get from him...it will depend on what happens over the next several days.

Oh...one statement that was made that I omitted...when speaking about the possible exchange rate, he was assured that in no way, shape, or form would it come out any lower than the US dollar. 

He related the rate to be in line with other countries that were similar to Iraq as far as their resources. 

Also, De La Rue machines are going to be few and far between in regards to this bank. There will not be one in any branch within 100 miles from me...so no new big shiny machines! Which means I have to travel...not letting anything leave my hands. God Bless! Im ready!  Hoosier1470

DISCUSSION OF MED, 29 JAN


lpd says to (01:25:04): If ;it were not for you and this site I would be pretty frustrated

Med says to (01:25:20): TY THERE IS A GREAT GROUP HERE THAT IS FOR SURE

lpd says to (01:25:42): There sure is A very patient group  Lots of twists for us in this dinar world

Med says to (01:27:05): FOR SURE AND THE LAST ONE A SURPRISE  THAT CAUSED ALL THIS YES I MEAN SHABIBI

lpd says to (01:27:28): really?   of course...yes indeed

Med says to (01:27:49): THE REST SINCE I FIGURED IT WOULD COME TO THIS  

THE PEOPLE GOT TIRED OF WAITING FOR PARLIAMENT WHO REALLY REPRESENTS THEM TO GET THINGS MOVING WAY TOO MUCH EMPHASIS ON THE OWNERS THERE IS NO OWNERS IT IS A UNIFIED GOVT AND SOMETHING SHOULD HAVE BEEN DONE IN THE BEGINNING TO STOP THAT
lpd says to (01:29:21): Nice to see the true organization coming through

Med says to (01:29:24): I BLAME ALLAWI YES IT FINALLY TOOK A FEW MILLION STREET PEOPLE WITH NO REPRESENTATION  TO MAKE MALIKI RUN AND HIDE THIS IS WHAT IS WRONG HERE

lpd says to (01:30:14): And I hope he remains hidden

Med says to (01:30:30): IT IS TRULY WHERE ONLY ABOUT 400 MEN RUN A COUNTRY AND ONLY FOR THEMSELVES

lpd says to (01:30:48): Such a pathetic situation

Med says to (01:30:54): IT IS IT IS NOT LIKE SOME COUNTRIES

lpd says to (01:31:04): And such stolen wealth

Mountainman says to (01:31:23): Morning Med

Med says to (01:31:24): WHERE THERE WERE NOTHING AT ALL FOR THE COUNTRY TO BUILD ON GM MM THIS COUNTRY OK CANT MAKE GLASS

lpd says to (01:31:42): true...no foundation

Med says to (01:31:45): BUT THEY HAVE TRILLIONS IN OIL REVENUE IN NATURAL GAS GOLD

lpd says to (01:32:32): and water

Med says to (01:32:34): THEY USED TO HAVE A MAJOR AGRICULTURE BUSINESS YES THE WATER CAN BE USED BUT THE PROBLEM IS THIS NOONE IN IRAQ  KNOWS HOW TO START ANYTHING

lpd says to (01:33:11): yep...sheep

Med says to (01:33:21): I DOUBT THEY HAVE ARCHITECTS DRAFTSMEN

Mountainman says to (01:33:33): engineers

Med says to (01:33:35): OR ENGINEERS

lpd says to (01:33:36): maybe a sunni or two

Med says to (01:33:37): LOL YES WHO ARE CAPABLE OF PUTTING SOMETHING ON PAPER

lpd says to (01:33:57): no shiites

Med says to (01:34:05): AND THEN HAVING IT TRANSFERED INTO REALITY EXACTLY

Mountainman says to (01:34:10): or doctors

Med says to (01:34:22): THE SHIITES ARE DEFINATELY NOT DAZZLING ME WITH THEIR INTELLIGENCE

lpd says to (01:34:47): Ergo almost 10 years of this baloney

Med says to (01:35:02): BUT THAT IS OUR FAULT THAT IS THE US POLICY THAT CAUSED THIS WHEN WE CAN IN 1946 HAVE PLANS READILY AVAILABLE TO REBUILD GERMANY JAPAN AND ITALY

lpd says to (01:35:44): very true

Med says to (01:35:52): ALONG WITH ALL THE OTHER COUNTRIES IN EUROPE WHO WERE DECIMATED

lpd says to (01:36:25): I wish the US would step up to the plate

Med says to (01:36:39): NOW I MYSELF HOLD LEON PANETTA RESPONSIBLE HE WAS A MORON

lpd says to (01:36:56): and is a moron

Med says to (01:37:00): IN HOW HE HANDLED THE LAST FEW MONTHS

Mountainman says to (01:37:18): We spent 100 million building a new hospital in Iraq... when finished they discovered they had no doctors or nurses.... fine planning on somebodies part

Med says to (01:37:30): AMAZING MM AND LIKE WHO IS GOING TO RUN TO IRAQ

lpd says to (01:37:50): And I wonder what happened to the biggest embassy complex in the world that we built in Iraq?

Med says to (01:37:52): AND SAY I WILL TAKE THE JOB IT IS IN FULL USE THERE ARE 20,000 AMERICANS IN IT

lpd says to (01:38:24): We never hear of it being mentioined

Med says to (01:38:36): I HAVE A VERY GOOD FRIEND AND SOURCE INSIDE IT RIGHT NOW

lpd says to (01:38:45): That embassy is larger than Vatican city

Med says to (01:39:02): AND WE ARE BUILDING ONE BIGGER

lpd says to (01:39:06): that is a most excellent contact Med

Med says to (01:39:06): IN KURDISTAN HE IS A GREAT PERSON

lpd says to (01:39:26): wow

Med says to (01:39:47): HE WENT TO MALIKI'S PALACE FOR ME TO CHECK IT OUT HE COULDNT TAKE PICS HE SAID THEY WOULD HAVE POUNCED ON HIM

SOME CHANGES ARE TO BE MADE IN REGARDS TO THE IQD BEGINNING ON FEB. 1, 2013, 29 JAN


Yesterday  1-28-2013 Hoosier & Chase Bank Wealth Manager - Post From Dinar Vets  LINK

Today's Update - With Another Forthcoming:

Good Morning DV! I apologize for not posting a response to my original post yesterday. I had some issue come up and was unable to meet with my friend (banker) as I had hoped. My grandfather was admitted into the hospital yesterday (early afternoon) and that was a priority! 

I was able to speak with him for a short period of time to see about meeting later last night, which he was unable to do because or prior plans with his children. I did find out a couple details regarding what information that he has. 

Apparently the local bank branch held a short meeting after the close of the business day this past Saturday. He said on the phone that the main focus of the meeting were some changes in certain areas of the banks daily activities.."boring" he stated until the Iraqi dinar was mentioned!! 

They were told in the meeting that anyone that holds an account with the bank, and asks about the dinar..that their stance is still the same...They do not sell it...But...the woman heading up the meeting stated that ALL Regional managers were informed that some changes are to be made in regards to the Iraqi dinar beginning on Feb. 1, 2013.
  Now, as I stated, I did not speak with him very long because of the situation with my grandfather, and being at the hospital....but his exact statement to me was that he was caught off guard with the rest of the info that was given.

He didnt say that it was to revalue on the first of Feb., and I didnt ask...he didnt say that she told them that it would revalue at $XXX.XX per dinar...he simply said he was caught off guard, referring to the fact that he had heard absolutely nothing, and all of the sudden it was being discussed in the meeting.

We are meeting up for breakfast this morning at 9am. I am headed out the door to the hospital...I do not have any others plans after that, and will get back on and fill in the blanks that were left out over the phone. He did state that he had some more to tell me when we meet this morning.

Now, I have no idea what else he is going to tell me, or what he knows...I just wanted to let everyone here know that something had taken place, and Im going to find out what all he has to say.

I was very surprised to log in and see so many views on this post...I have not even taken the time to read any of them...so if anyone asked a question, and I didnt answer...I apologize. I simply have not had time to read anything.

I will share any and all info given to me today...as I stated earlier....so far, he has not said anything stupid such as a date or rate, but is very excited to meet up! Hes acting like a kid with a secret...he just cant wait to fill me in!! Im excited too, but I dont want to expect too much and it not be that big of a deal...and I dont want that for any of you either!

I have no reason to be dishonest with this, I just wanted to share! I have to go...but if anyone is interested, I'll be back on and update between 10 and noon. God bless...and GO RI!!