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Wednesday, March 6, 2013

WINALOT UPDATE, 7 MARCH

3-6-13 Winalot:    The leader [IQD] and the follower [VND] appeared today [Tuesday] on the bank screens with a buy/sell rate and they are waiting for some other type of code to be able to purchase it from us. Other than that I think we are about to wrap this little booger up. Forex screens are obviously not showing this yet. I am confused on how this is going to show up publicly and when. Got notices 3 times of change coming from the big boys. No rates were given and no effective dates, but just to expect currency revaluations to be coming down the line. The most interesting thing today is everything is coming together at the same time. Treasury regulations were out today, the screens showing rates, it’s all lining up to pop

FRANK26 UPDATE, 6 MARCH

3-6-13 Frank26: As disappointed as I am that we haven't seen the budget, I'm excited about everything else we are seeing. Barazani is becoming quit an influential factor in our investment, quite an influential leader. On Iraqi TV it was supposedly said that he was going to take the initiative to deal with the crisis.

The rate is not going to be 1 - 1. It might have been that last year, but it's gone past that now. IMO, when Kurdistan passed their budget, they knew what the rate was. Last week I said, "for the very first time in 6 years oil contracts are all being paid in full". Now do you understand? This is huge. Kurdistan wanted these companies to be paid. Why hadn't these companies accepted payment? Would you want payment at 1160? These companies know what is going to happen. They are paying the bill and at a very good price.

WILDDUCK UPDATE, 6 MARCH


WILDDUCK] it is grinding out there.   a lot of currency stuff and i have some calls i have to return.   however it is looking good as it has all week. Remember this is a very, very big deal.  The biggest world reset since noah's time

[nolaspice] WILDDUCK so what i want to know is RATE___________ DATE__________ roflmao and

 [WILDDUCK] nolaspice if you can find me a release code and i can answer both questions

 [trooperb] Robertprof. So the currencies need to be published before they revalue.

 [WILDDUCK] trooperb thats right gold star for you

WILDDUCK] Every intel day is different when the big boys go quiet and everyone is saying done and we have can not go to the bank, does not mean the answer is wrong.

WILDDUCK] lets talk about the need for greed for minute, my daddy taught me that profit is profit and it is only greed that makes you want to have more
WILDDUCK] So don;t go load up and spend you rent money what you have will move most all of you into the top 1/2 of one percent of wealth owners in america. Just kick back and let this thing finish out .  kicking and screaming will not make it go any faster no matter how bad your hurt

[rotormech35] Looks like the dow set another record TODAY... What goes UP... Must cone DOWN... HARD!!!!!

[WILDDUCK] rotormech35 nope they may know something you don't know

[rotormech35] Wildduck I totally agree but its awesome to watch... you think it will go higher? The dow

[chicks2011] WILDDUCK Some are watching, and paying attention. Thanks for all your subtle hints today. I for one appreciate them.

Fiddlehead39] WILDDUCK WILDDUCK expectations are that dow will correct by large %

countryboy] WILDDUCK at what point will the ptb make their money and sell of and the drop occurs?

[WILDDUCK] countryboy hang on let me call Biejing and get right back with you roflmao


 [pastored] I need 2 or more n agreement with me me for it to hit today before midnight ty Jesus praying

[rotormech35] Wildduck roger that!!!

[tman42] Agree

[TexasMom] pastored in agreement praying!

[highhopes] pastored I stand in agreement with you

[wealthychic] Agree

[pappyy] pastored claiming, agreeing and believing!!! AMEN

[maddison] Agree

[grannyb] pastored AGREE

WILDDUCK] pray is a walk in faith, gold is refined by fire, a lot of us would have done a really lousy job of stewardship if this had been easy and quick.

[crossways] WILDDUCK I soooooo agree with that statement.

[greasee5] WILDDUCK isnt that the truth

STAND BY FOR NEWS AND UPDATES, 6 MARCH

3-6-2013  Intel Guru Blaino   standby for news and updates!!!  here is the basics of what is happening...in the past, if you wanted to examine the iqd on say, netdania, you had to 'enter' it onto the charts and then you could see all the relevant information, the bid, the ask, the rise or fall, and so ON...now HOWEVER...when you open a page THERE...The iqd is listed now just as the british pound sterling, the japanese yen, the austrailian dollar, etc...these are known as the majors...ALSO...gold and silver is showing as a currency and 'pairing' with currencies.   we think it's the ust master board feed dropping IN.  i spoke to someone that has the same level currency info as banks GET and he was able to pull it up as WELL.

Breitling Report Wednesday 3/6/2013

DINAR GURUS UPDATE, 6 MARCH

3-6-2013  Intel Guru Blaino   standby for news and updates!!!  here is the basics of what is happening...in the past, if you wanted to examine the iqd on say, netdania, you had to 'enter' it onto the charts and then you could see all the relevant information, the bid, the ask, the rise or fall, and so ON...now HOWEVER...when you open a page THERE...The iqd is listed now just as the british pound sterling, the japanese yen, the austrailian dollar, etc...these are known as the majors...ALSO...gold and silver is showing as a currency and 'pairing' with currencies.   we think it's the ust master board feed dropping IN.  i spoke to someone that has the same level currency info as banks GET and he was able to pull it up as WELL.

3-6-2013  Newshound Guru Adam Montana    [do you personally believe that the rate is in this budget?]  nope, I do not. There is no way they could have been working on something like that, on a budget that is supposed to be public any day now, and be hiding something as big as the RV. That kind of change is going to be released as a surprise to almost everyone involved, and they will be scrambling to adjust for it. Again, this is why so many things had to happen before an RV would be possible... such as high tech banking systems.  [post 2 of 2]

3-6-2013  Newshound Guru Adam Montana   They just announced that the vote on the budget will NOT happen today, it has been pushed to tomorrowMost of us won't be too surprised by that, so that's not really "news" I guess. It's like fishing...we keep getting nibbles, but we have yet to reel in the big one. If you fish, you know you don't just go home after the first nibble fails to land a catch...so we are still here.  I should mention that YET AGAIN the budget issues are pretty much all about oil...fingers crossed that they get that budget done tomorrow, but my gut tells me it won't happen until the end of the week or the beginning of the week. The question, as always... Which week?  [post 1 of 2...stay tuned]

3-6-2013  Newshound/Intel Guru BGG   Article:   "Nujaifi: deferred questioning Maliki and the government intervene in the work of the “parliament”"  This is THE ARTICLE OF THE WEEK!! This isn’t saying that Maliki is guaranteed to undergo questioning in parliament. However, Parliament is getting tired of Maliki interfering in their role. They are obviously talking over the prospect of removing Maliki. As I pointed out last Friday – they have even picked the MP who will handle the duty of the actual questioning.

3-6-2013  Intel Guru Blaino   intel is still percolating...We may yet have some action in the hours leading into the early afternoon tomorrow [Wednesday?].  Hang in there all! 

3-6-2013  Intel Guru Winalot   The leader [IQD] and the follower [VND] appeared today [Tuesday] on the bank screens with a buy/sell rate and they are waiting for some other type of code to be able to purchase it from us.  Other than that I think we are about to wrap this little booger up.  Forex screens are obviously not showing this yet.  I am confused on how this is going to show up  publicly and when.  Got notices 3 times of change coming from the big boys.  No rates were given and no effective dates, but just to expect currency revaluations to be coming down the line.  The most interesting thing today is everything is coming together at the same time.   Treasury regulations were out today, the screens showing rates, it's all lining up to pop.

BLAINO UPDATE, 6 MARCH

3-6-2013  Intel Guru Blaino   intel is still percolating...We may yet have some action in the hours leading into the early afternoon tomorrow [Wednesday?].  Hang in there all! 

ADAM MONTANA UPDATE, 6 MARCH

[Adam Montana] good morning all! let's hop right into chat, I hope no important conversations were going on  So to blaze right into the current state of the Dinar

[Adam Montana] They just announced that the vote on the budget will NOT happen today  it has been pushed to tomorrow. Most of us won't be too surprised by that, so that's not really "news" I guess.

It's like fishing... we keep getting nibbles, but we have yet to reel in the big one. If you fish, you know you don't just go home after the first nibble fails to land a catch... so we are still here. :twothumbs:

[Adam Montana] I should mention that YET AGAIN the budget issues are pretty much all about oil  Other than that, there's not much to talk about. We have some VERY good questions this week, so I'll hop into that in a moment after I mention one more thing
[Adam Montana] A lot of our friendly nay-sayers that frequent the site here at dinarvets.com love to try to claim that Chapter 7 is already lifted. I usually respond with something like "yes, but there are still a few remaining points on Chapter 7... it is not COMPLETELY lifted yet."

[Adam Montana] And that has been verified in several different articles that have came out in the last couple weeks... if you are still unconvinced that Chapter 7 is not completely lifted, it's worth doing a quick search for the articles.

You will also quickly see that the recent articles are very positive about a COMPLETE removal of Chapter 7 in the very near future. :twothumbs:

[Adam Montana] ok, the questions please! kcw, thank you as always for your help in the weekly chats  

[kcw] waitingondinar Adam, I read an article that talked about keeping Iraq under Chapter 7 for another 4 years.....................have you heard anything like this? The news seems positive one moment and negative the next. Thanks

[Adam Montana] :lol: I just said the exact opposite. No, I do not believe that is the case. I've seen one or two articles where this or that person has an opinion to that effect, but those are just opinions. And you know what they say about opinions  

[kcw] chess ADAM: It has been stated here (opinion?) by some, that Chapter VII is not necessary for RV to take place. Your opinion please.....thank you.

[Adam Montana] chess, you are indeed a gentleman. I know you've been here long enough to have read my opinion on this many times, but for the benefit of everyone else I will reiterate

[Adam Montana] It is definitely possible for the RV to happen BEFORE Chapter 7, but if it does we can expect to see Chapter 7 lifted IMMEDIATELY afterwards... not the normal "soon" we get out of Iraq, but "immediately" as in the following or even same day. :twocents:

 [kcw] hmmm Would the RV being an internationally recognized event? Would it make it to the major new channels?

[Adam Montana] part one - yes, it will definitely be a major news event.

 [kcw] TLHUBER Dearest Adam. What do you think about the new smart cards that are coming out? Do you think Iraq will use USA money or Dinar money on these cards? Thank you.

[Adam Montana] smartcards represent quite a few things - one of which is the amazing progress the banking in Iraq has and is continuing to make

[Adam Montana] does this mean "RV tomorrow"? No, but without this technology I don't believe an RV would be possible... so it is a positive thing

 [kcw] jobug38 Hi Adam, my questions are do you think that Talabani coming back has to do with the delay of the vote on the budget? Also do you think this may be the last budget we will have to grotesque? I hope so!

[Adam Montana] No, the delay on the budget is simply that the Kurds want more of the oil revenues. They are simply negotiating. If you've ever negotiated anything with someone from the middle east, you know that negotiations are FIERCE and they are very shrewd... they will come to an agreement soon(ly), but not until both sides are sure the other will not give another penny. They are close

[Adam Montana] next please!

[kcw] phlip ……After (an) overnight 10 cent RV, the current lowest denomination dinar banknote of IQD250 would be worth US$25, so what would be an Iraqi Citizen’s incentive for re-exchanging his newly acquired USD back to the current high denomination IQD banknotes; especially since there would be no way to make change when purchasing everyday smaller items ~ except with USD?

After such an overnight 10 cent RV wouldn’t the IQD effectively vanish from circulation and the USD dominate inside Iraq ~ contrary to the publicly stated CBI/GOI intentions for the currency?

[Adam Montana] another good question!

[Adam Montana] I believe you are assuming that the CBI will continue to try to de-dollarize the country, and I agree with that assumption. But first, they will stabilize the rate and I believe it will be "locked" at some point... most likelyl within 3-6 months after the rate change is effective.

[Adam Montana] After that, they will work on continuing to raise the rate slowly, which would encourage Iraqi's to ditch the falling USD in favor of a growing IQD. By doing it that way, the de-dollarizing happens naturally instead of trying to force it

[Adam Montana] This is one reason I feel the rate will come out lower rather than higher - 10 cents opposed to $3. It makes more sense in many ways. :twocents:

[Adam Montana] Now, our hope is that we can cash in and then continue to ride the wave as the value goes up. If they introduce new currency, we will have to exchange our current IQD for new or USD, and we may not be able to take full advantage of continued growth... but the initial profit will have been made, so you'll just have to suck it up and be happy that you made some money  

[kcw] DinarThug Yo Adam ! We Can't See Which Posts Are Being Liked By Others Since When The Site Was Down For More Updating A Few Days Ago !

[Adam Montana] I noticed that, I am working on bringing that feature back. I liked it too  

 [kcw] EC429 dam, I have seen in writing that at least one Dinar dealer will only accept Dinar to exchange from another dealer if that dealer is on their particlar list of "approved dealers". Isn't an actual dinar verified by the machine still a dinar?

Can you please give us your opinion of what is actually going on with this kind of thing? For some reason I am very uncomfortable with this. This dealer policy alone enables me to feel very fortunate with the VIP status here because I know the places on your list will be folks who are above board in how they do business and can appreciate those of us in this community. (Thanks for your opinion on this dealers policy.

[Adam Montana] hi EC, that's another good question. First - going to a Dealer is NOT going to be the best option for most people, VIP or not. A dealer will have to use a bank (which WILL charge some kind of spread) and the dealers aren't going to play "middle man" for free, so you can bet they will make some money off you some how, some way.

[Adam Montana] Next, there is a couple reasons they would have that policy. One is that they are partnering with the other dealers or at least have a working relationship... same as a hotel chain. You can stay at the Westin or the W and earn the same rewards points, but they don't honor your Hilton stays.  

[kcw] TomRiddle Adam, do you personally believe that the rate is in this budget?

[Adam Montana] nope, I do not. There is no way they could have been working on something like that, on a budget that is supposed to be public any day now, and be hiding something as big as the RV.

That kind of change is going to be released as a surprise to almost everyone involved, and they will be scrambling to adjust for it. Again, this is why so many things had to happen before an RV would be possible... such as high tech banking systems

 [kcw] eaglefan Hi Adam, If the dinar starts moving up slowly then at what point will you release the names of the banks that will give us VIP members a special rate? Thanks for your efforts on this site.

[Adam Montana] In order for most of our partner banks to give us a better rate, there needs to be a major increase. If it raises slowly for a time and THEN there is a major rate change, that is fine.

But if it simply grows slowly forever... hey, we still make the same money at the end of the ride, but we will not have significant leverage to get a major discount on the spread.

[Adam Montana] Hope that makes sense. To answer the question, YES at some point I will simply say "ok, the rate is high enough to release the banks I am working with"... but if the rate rises too slowly and too consistently, the spread difference will be lower than if we see a major bump.

 [kcw] OZmosis Hello Adam... The in-active blank link between "Gallery" and "What's New" at the top of the page has me very inquisitive. Just asking, but is it laying dormant now just waiting for something new and exciting to emerge in coming weeks? Perhaps it is the RV link. If so, I am very keen to click it when it becomes active.

[Adam Montana] Muahahahaha! You are on to me!

[Adam Montana] Time will tell, won't it? :tiphat:

[Adam Montana] That's it for the weekly! There were some great questions this week... fingers crossed that they get that budget done tomorrow, but my gut tells me it won't happen until the end of the week or the beginning of the week. The question, as always... Which week?

[Adam Montana] open floor, thank you all for your respect and patience

[Adam Montana] I know it's hard to sit on your hands, but somehow every week we get through these chats with very minimal amount of people interrupting... you all are amazing

[Adam Montana] mrref it's about time you got here

[VIZIOIRAQI] And the room is stunned

[Adam Montana] everyone's been waiting

[Adam Montana] VIZIOIRAQI    i know!

[VIZIOIRAQI] Adam Montana I'd take this as an oncour  

[captl1] Adam Montana good morning and thank you for all you do

[Adam Montana] captl1 good morning to you as well, and it is my pleasure

[captl1] customers kept mke from chat  

[Adam Montana] captl1 nothing wrong with that!

[EC429] It appears that the US dollar floats, how do we know if any currency is in a float or all they always in a float?

[captl1] no sir...beats the alternative

[Adam Montana] EC429 good question... I'd be happy to explain it in next weeks chat if you post it there

[mrref] Just wanted to say Hi, got to run and pick up some bad guys..

[kcw] mrref be safe!

[EC429] Adam Montana Ok thanks

[Adam Montana] but the answer is that yes - even a pegged currency "floats" if it is pegged to the USD, because of the fluctuations in the value of the USD

[Adam Montana] "1" is not always worth the same as it was yesterday A good example is the Belize dollar. It is "pegged" at 2:1 with the USD  so 2 BZD is always worth 1 USD

[Adam Montana] but if a loaf of bread costs 2BZD today... it may cost 2.05 BZD tomorrow, depending on how the value of the dollar moves ok everyone... I'm off for now. Take it easy

[EC429] Thanks Adam

PHOENIX UPDATE, 6 MARCH

3-6-13 Phoenix3333: Strong Euro Harming Economy (could we see the two tier euro?) *Two Tier Euro? Banks Prepare. UBS: "The British Pound Is At Risk Of Large-Scale Devaluation. Exports from the 17 countries that use the euro fell in the fourth quarter at the fastest rate in almost four years, official data showed, giving fresh weight to concerns among the bloc's leaders that recent rises in the euro's exchange rate are damaging the chances of an economic recovery."

"Wednesday's figures, which also showed the euro zone has been in recession for much longer than previously thought, come a day before the European Central Bank's monthly decision on monetary policy, with the central bank's President Mario Draghi likely to face further questions about the strong euro's impact on the crisis-hit economy."

STRYKER UPDATE, 6 MARCH

3-6-13 Stryker: I pulled these over here this morning and had yota post them again for the quest to read because they hold some key points to where Iraq is going as a Free Market Economy and how fast.

**** House of Representatives to amend the Law of the Ministry of Industry format supports private industry, likely enacted after the adoption of the general budget. a lot of things are awaiting the passage of this years budget as I have talked about on my shows.

**** The law of the Ministry of Industry conducted by the package of amendments during past periods ,
there has been many changes completed already as is stated here, that has already improved that leads more investors to Iraq..

**** but still needs further amendments consistent with the policy of a free market economy. NOT MUCH MORE IS NEEDED IMO, THEY ARE JUST ABOUT WHERE THEY NEED TO BE

**** given the active role of the private in the development of the economy of the country. AND WHERE IT SHOULD BE IN A FREE MARKET ECONOMY AND TO BE LEFT FOR THE PRIVATE SECTOR TO DEVELOP.

WHEN ARE THE TWO STATE OWNED BANKS GOING TO GO PUBLIC IS THE NEXT QUESTION IN MY MIND?

*** this is what will happen to a lot of economic problems in the country to absorb unemployment and activation of the private industrial sector. THIS IS EXACTLY HOW JOBS ARE CREATED ...

Why would I pick these out you may ask, well it's because we are following the money in this investment. I say that because where the real big money goes in the world is where there is a chance for us little people to gain from it.

Iraq is and will be the fastest growing economy in the world in spite of itself for many years to come, so our chances keep increasing every day that we will see a windfall from this. There are a few more changes that will follow after this years budget passage and then it will be like the big bang theory all over again and I'm not talking about the TV Show, lol.

THEY KNOW WHAT NEEDS TO BE DONE AND THEY ARE MAKING STEPS IN THIS DIRECTION DAILY, WE WILL SEE LAWS THAT ARE READY TO BE IMPLEMENTED LAUNCHED AS SOON AS WE SEE THE BUDGET PASSED AND WITH THAT COMES THE FIVE YEAR PLAN. KEEP IN MIND THAT WE HAVE READ ALL OF THESE CONCERNS OVER THE LAST FEW YEARS AND WE HAVE ALSO READ THAT THESE LAWS WERE VOTED ON AND PASSED, NOW ARE THERE ONES THAT HAVEN'T BEEN VOTED ON, OF COURSE BUT THEY ARE IMO READY TO BE PASSED.

JUST LOOK AT A FEW OF THESE QUOTES, STARTING OFF WITH THE TITLE;

ECONOMISTS ARE PREPARING INVESTMENT LAW STUMBLING BLOCK FOR INTERNATIONAL COMPANIES

**** sent messages is reassuring to foreign investors

*** in addition to legislation underdeveloped formed a significant impediment to the investment process in the country

THESE LAST TWO TALKED ABOUT WHAT NEEDS TO BE DONE

*** At the same time looked Basra province, yesterday

*** U.S. companies accessible mechanism for participation in city projects and investment

*** Importance of developing real guarantees for investors coming to invest in the country to secure their capital

*** the creation of a solid legal environment

THESE IS A LITTLE CONFUSING BECAUSE SOME OF THE POINTS IN THIS ARTICLE CONTRADICT EACH OTHER SO I BELIEVE WE LOSS A LITTLE IN THE TRANSLATION BUT I THINK THEY ARE TRYING TO SAY THAT THE LARGER PARTS OF THE CHANGES NEEDED ARE DONE AND THAT THE AMERICAN INVESTORS ARE THERE TO STAY. SEE IN THIS NEXT STATEMENT;

*** Tahir said the news agency that the security and political situations in Iraq unstable

*** a sophisticated banking system

*** making international companies and foreign investments are afraid to enter the Iraqi environment for business and investment

FOLKS WE HAVE HEARD THESE TYPE OF STATEMENTS A LONG TIME AGO, THEY TEND TO TELL THE PRESENT STORY BUT WITHOUT YOU KNOWING THEY ARE REFLECTING BACK IN TIME, SO I BELIEVE THAT THESE ARE REFECTION QUOTES IF THAT MAKES SENSE. JUST THE SIMPLE WAY THEY WRITE OVER THERE. AS YOU WILL SEE IN THESE NEXT QUOTES;

*** Iraqi environment ripe for investment, especially after the success of the central bank policy in recent years in maintaining the stability of the Iraqi dinar against foreign currency

*** current investment law is good but needs minor adjustments

DO THEY NEED MORE WORK, SURE THEY DO BUT THEY ARE SO CLOSE ON MANY OF THESE CONCERNS THAT I FEEL IF THEY CAN JUST GET PASSED A FEW MORE ISSUES, MAINLY THE PAYMENT OF THE CONTRACTORS THAT IN ITSELF WOULD LEAD TO THE OIL & GAS LAW BEING THAT MUCH CLOSER TOO!

CHIN UP FOLKS, THE PARTY IS GETTING VERY INTERESTING, JUST READ THE TWO BUDGET THREADS THAT GAMARAY AND YOTA POSTED TODAY. a BLOW BY BLOW ACCOUNT OF WHAT WENT ON TODAY IN PARLIAMENT. 

BLUWOLF UPDATE, 6 MARCH

As a new work day comes into play,it is 8 am est and partly sunny. As of this time the world shall see movements in all aspects of its exsistence. Do not be surprise of the changes in all aspects of governments in and around the U.S.. Iconic names shall fall or simply disappear from the book of life as tho they never exsisted. Corporations, medical  advisors and lobiests (fda), idols, queens and kings, renoun names in sociaty all will just vanish and there so call contribution to the world shall be striped for the truth behind there false legacy shall be exposed to the world. Banking and wall street shall be disclosed or expose,greedy people shall go crazy by there losts,they will grief and feel the hurt way down to the bone,just like we have felt it for the last 800 years,the media will be freed and shall expose all for they shall not have any restraints no longer,we will not feel remorse for there demiss nor shall we feel sorrow for them,for as they start to burn we now start to heal in Jesus name for we serve a God of justice. God is cleanseing all so if you feel a with  drawel in your personal self it is not that you are sick for doctors cannot and will not find something wrong with you, it is just that God is cleaning His temple in you for the new task in your lives. Many will call me crazy for this, but if serving Jesus and exposeing those who have commited actions against humanity is being crazy,well then I rather be call crazy for I will not abandon Him. Like I just said humanity has comince(started) to cleanse itself. The world( mother nature) is cureing all of the evil and greedy of the past, and a new reign of peace and livelyhood has been cast from our Lord for his children (mankind). As the devil grinds his teeth with my callings all Gods children say like I, I accept and I declare all shall come to pass in Jesus name. AMEN be blessed Bluwolf