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Friday, February 22, 2013

MULTIPLE COUNTRIES WITH CURRENCY CHANGES, 22 FEB

 8:50 pm [Blaino] UST... Locked down and unlocked again earlier TODAY.... "new money", multiple countries with 'currency changes', keeping mum and no disclosure of rates seem to be the major issues of the day, there.

DINAR GURUS UPDATE , 22 FEB

2-22-2013  Intel/Newshound Guru Poppy3   I TOLD EVERYONE FOR ALMOST 4 YEARS NO MEETING WILL BE HELD, NO PROGRESS WILL BE MADE AND NO ONE IN IRAQ WILL DO ANYTHING GOVERNMENT WISE TILL OUR DIGNITARIES ARE OUT OF THEIR COUNTRY REGARDLESS OF DEADLINES ETC. THEY WILL NEVER ALLOW PERCEPTION OF THE IRAQ PEOPLE TO THINK THEY LET THE USA INFLUENCE ANYTHING THEY HAVE DONE.   HAVE CALL IN TO FIND OUT WHEN THEY WILL BE LEAVING FOR HOME.  I HAD THOUGHT THEY WOULD HEAD HOME TODAY,  AT LEAST I WAS HOPING . SHOULD HEAR TONIGHT IF THE INFO IS AVAILABLE. 

2-22-2013 Intel Guru OCrush   So, we are looking at another opportunity tomorrow.  Let us pray they stop playing politics and focus on what is really needed in Iraq, economic stability for the people.  My cousin said Nujaifi has fired a warning shot over the blocs,  basically telling them if this does not get approved I will throw the budget back to the governance (council of ministers).  Basically starting over.  Now this tactic could work if the blocs feel he is serious and he is!    All we can say is, no one knows what the blocs are going to do at the last minute. Let's not forget, this budget has the final tallys from the past budgets.  This was never done before.  SIT BACK! RELAX! ENJOY THE RIDE!  IT WILL COME.  :) 

2-22-2013  Newshound Guru Doc   All information we have received to date suggests we still have several weeks or more until official budget approval.  We are aware that one article said this Saturday but it has been delayed over and over again.  Remember too the budget by itself does not necessarily trigger the RV.  We are hopeful the Kurds will prevail and with the budget we will see the real fundamentals in place to support the RV like the HCL to name one.  As always only time will tell for sure.  We report, you decide.  [post 3 of 3]

2-22-2013  Newshound Guru Doc  What appears to be going on is an internal and external attack on Maliki.  We have always said he was the biggest road block to all progress in Iraq.  Recent events continue to support this opinion.  The Kurds continue to hold hostage the budget with what we believe the ultimate goal is HCL approval.  Recent articles suggest other blocs are doing the same for their pet projects.  We can feel the vice being tightened from both ends squeezing Maliki.  We continue that this is good for us.  [post 2 of 3....stay tuned]

2-22-2013  Newshound Guru Doc   It looks like the international community has finally had enough.  We reported in our last update we were hearing rumblings that this was in fact the case.  Now we see that the DFI monies will not be protected past May.  The UN tried to get Iraq's attention but with little results.  We really like the fact that the international community is now hitting Iraq where it hurts - in the pocket book.  Remember the value of the DFI is in the neighborhood of 1 trillion USD.  We have to believe that if this doesn't get their attention nothing will.  We can hear Iraq being told it is now time to put on your big boy panties and act like a real country and not a penny anti dictatorship.  [post 1 of 3....stay tuned]

2-22-2013  Newshound Guru Shredd  "Can't Iraq just keep on going like they have been and do all business in US Dollars?"  First of all, without an internationally tradable currency, Iraq is walled off from the globalized financial system, thus raising the cost of business and increasing risk and uncertainty in the economy.  Here's another big point: Without an international currency, you cannot manage your risks in the efficient ways that have become the standard in countries with internationally tradable currencies. Lastly, companies in the developing countries would have to enter the global competition with a crucial disadvantage...we can see for ourselves that investment is growing, infrastructure is building and measurable progress is taking place in Iraq.

2-22-2013  Newshound Guru Breitling    IMO, they are going to turn the IQD into a phenomenal internationally traded currency with real value behind it.  It's a beautiful thing.  One of these days there is going to be a hard revaluation, go up one big shot, even though we can handle it pipping up.  It's going to happen and you guys are sitting on it For us there is nothing better.   [post 4 of 4]

2-22-2013  Newshound Guru Breitling    Look at their timing.  They could revalue today, but what is the risk to do that?  They don't have the infrastructure up 100%, it might be too big of a risk for them to do that They need this to last for a very long time.  There is not going to be an in country revaluation.  It's going to be an internationally traded currency and a foreign currency reserve.  That's how they are setting it up.  That's why they haven't revalued yet because they want a long lasting infrastructure and that's it.  They are still on cue.   [post 3 of 4....stay tuned]

2-22-2013  Newshound Guru Breitling   So, here we are today trying to figure what they are doing today.  They are talking about making the dinar relevant on an international scale.  They are creating the perfect storm.  Iraq knows exactly what's coming, in 200 years down the road if you were to be able to move forward, I guarantee that the dinar will be more of a success story than the USD.  That's how much I believe in the infrastructure that they are putting up & what they are doing.  The reality is they are trying to make the currency that we have more relevant. They like the idea that we have their currency.  [post 2 of 4....stay tuned]

2-22-2013  Newshound Guru Breitling   I still haven't seen anything negative coming out of Iraq as far as infrastructure or anything that points to our investment.  Articles came out and talked about how they are structuring the dinar for future use.  Articles have come out and said Shabibi talked about how the dinar will be a foreign currency reserve.  So, that means the dinar is going to be so stable and have such good value that central banks of other countries are going to take the dinar, put it in a central bank, store it and it will add value to their currency.   [post 1 of 4....stay tuned]

2-22-2013  Newshound Guru Adam Montana    Right now Iraq is under minimal political pressure - the UN huffs and puffs but there is no real CONSEQUENCE to their actions or inactions. Iraq is going to move when they have to, or when they want to... and it will be for money. One way or another

BANKS HAVE STOPPED SELLING DINAR & THE BUDGET FOR SATURDAY WILL HAPPEN, 22 FEB


[WCW] ok i was told it was going last night but it didn t i have confirmation that the budget for saturday will happen the contact is in iraq and that is to happen at 9:30 am sat in iraq thats12:30amcst after midnight tonight and to day is friday and irack loves fridays it will be saturday at 3pmcst toda

[redhead1] I just spoke to the IMF Representative for the Iraqi desk - and if you do not believe me you can call also - 202 623 7000 - the budget is still in Committee - it has not been passed - they do expect it to be read on Saturday - they will not comment on currency revaluation.

[WCW] bottom line is this could be the best day of our lifes and if u are going to party i wouldd say this is the day to do it be ready the ride is about over imo

[spiritfilled] Article 140 compensation starts next week The Head of the Kirkuk branch of the Article 140 Implementation Committee says the compensation cheques will be distributed next week. Kakarash Sidiq said, “The compensation cheques were to be distributed when the budget was approved,
[spiritfilled] but due to some problems it was postponed until next week.” Until now, 28 groups of families have been given compensation with the returnees receiving 10 million Iraqi dinars and to those who leave 20 million ids. Compensation is a phase of the Article 140 implementation of the Iraqi constitution

[spiritfilled] specialized to the disputed areas which include Kirkuk, Mosul, Diyala, and Salahadin.http://kirkuknow.com/english/index.php/2012/05/article-140-compensation-starts-next-week/

[spiritfilled] 1biz4u BUT if you read it closely...it says they delayed due to the budget not being approved but now plan on the distribution next week which says..the budget has to be approved for them to distribute next week

[WCW] i say follow the budget and why so many disagree and then everytime u turn around someone is posting something on the budget. does this mean we have been right all along and they just now can see this has been the clue to the whole thing we know there has been world problem to keep this so much

[WCW] Jester the announcement want happen till we have an rv well the annoucment is saturday and rv wil be before it happens nuff said

[Shining] dwanna IMO all security measures have been addressed and rectified. There are always things outstanding of course that crop up during process.

 [Shining] citizensoldier I don't put a back wall out there. I have one in my mind but it is nothing more than opinion. I think we are way too close to even consider at "backwall" at this point

[sandytob] Shining so are you suggesting that we should not be looking for this before March 1st?

[Shining] sandytob It appears major things are brewing from this point , to that date. What exactly that entails I do not know. I just know in watching all things considered that we are cresting the mountain and about to be freely sliding downhill, and not in a bad way rofl

[Shining] Everyone should just be happy happy, I can't recall ever being so close to the clouds just before the rain begins

[Shining] Everyone should just be happy happy, I can't recall ever being so close to the clouds just before the rain begins

[Shining] bamatom personally I listen intently as to what is being said, the clues are being thrown around like candy at a parade

[Shining] I've said it before and will say it again, this entire process is a huge undertaking and very very complex. All good things come to those who wait and I beleive our wait is about over and the good comes flowing in.

[Shining] mbillions I'm not sure there is anything left to say. IMO all is done and moving in our direction. Just make sure you have on full body armour because it's liable to slam us out of our current reality rofl

[Shining] mbillions I'm not sure there is anything left to say. IMO all is done and moving in our direction. Just make sure you have on full body armour because it's liable to slam us out of our current reality rofl

duffy2] Hi dinarians: great news from tony on the ptr call. Hsbc band and the banks in uk have stopped selling dinar as of noon yesterday. Maliki has evidently come to terms with everything and in agreement. Tony feels those from U.S. Who went over there this past monday had a great influence on that as well. Just in on iraq tv last night:

[time4rvnow] (*) per Tony @ ptr - Iraqi tv Last Night: "Tomorrow will be the most prolific day in the history of Iraq they are talking about saturday, february 23rd. 2013. Holiday in iraq: They are saying feb 23-25 purmi an islamic holiday ? Purim is huge for the Israeli people ...Deliverance from Haman by the sacrifice of Esther..what a story...yes ...sunset 23rd (Sat)..till nightfall24th (Sun)..God that day!! Kuwait rv'd on same date in feb. And on same holiday. Tony said everything is done in iraq. Being told tomorrow is the day. Says we may not get to the bank until next week, and they may not make an announcement until next week, but it is done.

OCRUSH UPDATE, 22 FEB


Posted Thursday, 01:30 PM    OCRUSH FEB 22

 So.......we are looking at another opportunity tomorrow.  Let us pray they stop playing politics and focus on what is really needed in Iraq, economic stability for the people.

 My cousin said Nujaifi has fired a warning shot over the blocs,  basically telling them if this does not get approved I will throw the budget back to the governance (council of ministers).  Basically starting over.  
 Now this tactic could work if the blocs feel he is serious and he is!  We will probably see articles stating the yes's and the no's, just like Wednesday.  All we can say is, no one knows what the blocs are going to do at the last minute.

 They could be cozy and fine today and up until tomorrow and BAM not show up or HICCUP.  One positive outlook I found is from the past.  Love history......let me show you.

 The 2010 budget was past on Jan 26, (Tuesday)

The 2011 budget was past on Feb 20, (Sunday)

The 2012 budget was past on Feb 23, (Thursday)

The 2013 bugdet will pass on Feb ??,  (????????????)

 These dates are all fact,  here are the articles from reuters.

Bottom of the article shows, people have also read.  This has the 2010 and 2012 articles.  The 2013 budget should be out on reuters  immediately after the vote.  Let's not forget, this budget has the final tallys from the past budgets.  This was never done before. 

Also, how many times in the past have you all seen so many changes in there LAWS being brought to parliament to be ammendent (infrasruture, planning, tariffs, banking, power sharing, antiquities, flag, anthem, islamic banks....so on:))

SIT BACK! RELAX! ENJOY THE RIDE!  IT WILL COME:)   Cheers ALL:))

http://mobile.reuters.com/article/idUSTRE71J1SP20110220?irpc=932

Breitling Report Friday 2222013

DISCUSSION OF MED, 22 FEB

Med (08:36:08): YOU KNOW I HAD SOMETHING THAT I THOUGHT WAS IMPORTANT AND IT HAS TO DO WITH THE DINAR OBVIOUSLY

MANY OF OUR MEMBERS ARE FROM THE MIDDLE EAST LOL AND LIKE ASTRO GUY WHO TAUGHT ME SO MUCH ABOUT THE REGION AND THEIR BEHAVIORS AND THOUGHTS

AND I DISCUSSED THEM DURING THIS WEEK WITH ANOTHER LONG TIME FOLLOWER AND HE HAD GREAT POINTS IN REFERENCING OUR OWN COUNTRY TO IRAQ

AND WHEN LOOKING AT THE BIG PICTURE LIKE OUR CONSTITUTION THEY HAD IT DONE IN A YR

IT TOOK US 18 YRS TO AGREE ON IT AND EVEN AFTER WE DECLARED OUR INDEPENDENCE AND LOOK AT WE WE ARE LOOKING AT IN IRAQ THE POSSIBILITY OF CIVIL WAR HMMMM SOUND FAMILIAR

WE HAVE HAD MAJOR CORRUPTIONS THROUGH OUR 200 PLUS YEARS

WE HAVE GANGSTERS THE MOB MAFIA'S SERIAL KILLERS ASSASSINATIONS SO NOW WHEN WE WERE COMPARNG THE TWO THEY HAVE MOVED IN A RELATIVELY QUICK PACE WE ALSO DISCUSSED THE DINAR AND MY FEELINGS

topkick: I hope John Kerry has a ton of Dinar lol

GOP: put in that perspective, that is very true Med.

Med: HIS AND MANY OTHERS I WAS TRYING TO SHOE GOP THAT PATIENCE HERE WILL PERSEVERE WE WILL END THIS ON A POSITIVE

topkick: Iraq has the same scenario as our fore fathers.....no electricity, paved roads, etc ( oh that was 250 years ago) lol ooops

busman: top we had roads not paved, but roads

Med: OK NOT THAT IT MATTERS NOW DOES IT IT WAS THE POINT WE ONLY CARE ABOUT ONE THING BUT THEY ARE DOING WHAT : BUILDING A NATION AND DOING IT WITH SOME REALLY MORONIC MEN INVOLVED

busman: just was kiddin

Med : THINK ABOUT THIS ESPECIALLY WHEN YOU SAY OR THINK OH MALIKI IS NEVER GONNA LEAVE OR THAT CORRUPTION WILL JUST CONTINUE OR THAT HE HAS THE WILL OF THE PEOPLE

ALMOST 3 YRS AGO THERE WAS THE NATIONAL ALLIANCE WITH 3 MAJOR BLOCS SOL ISLAMIC COUNSEL SADRISTS

NOW NO MORE SADRISTS AND THE ISLAMIC COUNSEL

THEY ARE WAFFLING TERRIBLY SO HIS STRENGTH IS NUMBER DUH THAT SURE DONT SOUND RIGHT HIS STRENGTH IS DWINDLING

ALSO AND THIS IS SO VERY IMPORTANT YES WE WERE IN REACH THIS FALL THEN THE RUG GOT PULLED

IT IS GONNA HAPPEN BUT I CANT REITERATE STRONGLY ENOUGH IF YOU ARE SITTING THERE HANGING ON BY A THREAD THINKIN THE RV IS COMING AND IT IS GOING TO SAVE YOU IT IS NOT

WE JUST DONT KNOW WHEN AND BECAUSE WE DONT KNOW IF YOU STOPPED YOUR LIFE BIG MISTAKE

OR IF YOU HAVE A DREAM WHY ARE YOU WAITING AROUND TO SEE IF IT SOMEHOW COMES THROUGH IN THE NICK OF TIME

DONT SIT STILL DONT JUST WAIT AND SAY WHEN IT RV OK BBIAB TY

topkick: No one knows what it takes to build a nation. It takes time. Especially when ME'ers are getting advice from the West who they distrust and hate. We wait, be patient and we will have our pay day

ksdunlap: thank you Med .. well said

Med:YES TY

topkick: Thanx Med

Med: I JUST FIGURED WE ALL NEED TO BE ON THE SAME SHEET HERE YOU KNOW WHAT I MEAN

topkick: yup Don't hang your hat on this. Enjoy life

Med: YES THE PERSON I DISCUSSED THIS WITH WAS JUST LIKE TALKING TO ASTRO GUY HE HAS GREAT KNOWLEGED AND IS FROM THERE OK GONNA TAKE A WALK TY

BREITLING & BGG UPDATE, 22 FEB

2-22-2013  Newshound Guru Breitling: I still haven't seen anything negative coming out of Iraq as far as infrastructure or anything that points to our investment.  Articles came out and talked about how they are structuring the dinar for future use.  Articles have come out and said Shabibi talked about how the dinar will be a foreign currency reserve.  So, that means the dinar is going to be so stable and have such good value that central banks of other countries are going to take the dinar, put it in a central bank, store it and it will add value to their currency.

So, here we are today trying to figure what they are doing today.  They are talking about making the dinar relevant on an international scale.  They are creating the perfect storm.  Iraq knows exactly what's coming, in 200 years down the road if you were to be able to move forward, I guarantee that the dinar will be more of a success story than the USD.  That's how much I believe in the infrastructure that they are putting up & what they are doing.  The reality is they are trying to make the currency that we have more relevant. They like the idea that we have their currency.

Look at their timing.  They could revalue today, but what is the risk to do that?  They don't have the infrastructure up 100%, it might be too big of a risk for them to do that.  They need this to last for a very long time.  There is not going to be an in country revaluation.  It's going to be an internationally traded currency and a foreign currency reserve.  That's how they are setting it up.  That's why they haven't revalued yet because they want a long lasting infrastructure and that's it.  They are still on cue.

IMO, they are going to turn the IQD into a phenomenal internationally traded currency with real value behind it.  It's a beautiful thing.  One of these days there is going to be a hard revaluation, go up one big shot, even though we can handle it pipping up.  It's going to happen and you guys are sitting on it.  For us there is nothing better.


2-22-13 BGG: Article 140 compensation starts next week. "The Head of the Kirkuk branch of the Article 140 Implementation Committee says the compensation cheques will be distributed next week. The compensation cheques were to be distributed when the budget was approved, but due to some problems it was postponed until next week. Compensation is a phase of the Article 140 implementation of the Iraqi constitution, specialized to the disputed areas which include Kirkuk, Mosul, Diyala, and Salahadin."

DISCUSSION OF SHREDD, 22 FEB


Feb 22 UPDATE: Shredd Chat - Having an Internationally Tradable Currency: What's the Big Deal? Feb 4, 2013 on Mon Feb 04, 2013 3:07 pm

It's been coming up for quite some time weather or not Iraq really NEEDS to revalue their currency and get it to a place where it is internationally tradable.

The question goes something like this; "Can't Iraq just keep on going like they have been and do all business in US Dollars?" Well, I've been digging around and have some thoughts to share with you.

First of all, without an internationally tradable currency, Iraq is walled off from the globalized financial system, thus raising the cost of business and increasing risk and uncertainty in the economy.
  This problem is that the CBI will not be able to provide a currency that people can use throughout the world. Now, this may not seem like a bid deal at first but without an internationally tradable currency, you have no access to the globalized financial system and all the services that it offers in addition to credit and deposits.

Here's another big point: Without an international currency, you cannot manage your risks in the efficient ways that have become the standard in countries with internationally tradable currencies. The lack of international stability is also a problem in trade. Let me explain....

The trade of intermediate goods is expanding enormously as connectivity and globalization are creating global chains of production, in which a component of any given product is produced in one country, the other components in other countries, and then they are assembled together in still another country.

Entering into these chains with internationally tradable currencies is definitely an advantage, because costs can be estimated more accurately in the long term, transaction costs can be minimized, and risks against other international currencies can be hedged.

Lastly, companies in the developing countries would have to enter the global competition with a crucial disadvantage. While their competitors would be able to hedge, swap, and obtain financing wherever it is cheaper and most convenient, they would be forced to rely on the credits and services provided in their weak, shallow financial systems.

So, hopefully this brings a little more light to WHY it is important for Iraq to move to an internationally tradable currencty.....especially at a time when we can see for ourselves that investment is growing, infrastructure is building and measurable progress is taking place in Iraq.

Shredd out