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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, March 9, 2013

QUIET IS GOOD, 10 MARCH

[BLUEDOG] Hello everyone
[BLUEDOG] As far as the RV........ I expected if they did not RV just b4 the Budget that News and Intel would go quiet............so any Intel Providers will find it hard to find out anything as the News has gone like our Black out this week here in chatroom................ Last I heard is that people leaving Baghdad were not alowed to take any Dinar out side the country..................and that the Borders were under heavy surveillance..........and keep in mind the News will be the same way...... Up till now they had to train the Iraqis of what was coming on TV and in the news with the Dinar IMO they are done. .........the GOI has told you they are giving the Green Lite to the Currency to have value............Now all we can do is wait this quiet out..... and quiet is GOOD IMO

BLAINO UPDATE, 9 MARCH

3-9-13 Blaino: Actually, we are in fact seeing the kind of intel and news that we expected to see "if" we were in the position that we think we are IN...So, from that analyses standpoint ... we look "good!" and good is good!

There is rate and date stuff in the middle $4's and early in the coming WEEK...So, based on the broad spectrum of divergent locations and the credibility of those delivering the same, I can only conclude that "markers" are getting in short supply. Some we never saw coming, many we did and we were sure some were that weren't and will not. Mebby re-read that one.

Ok, so there is pp and other 'program' news, groupie news and bank insiders telling us that they are in the FLOW.... "Have a nice weekend and we will be well served next week!"
 

Blaino: One word of caution [okie too] : Lose the tendency to bring the word "investment" to anyplace that might be connected to the rv, the iqd, ETC.... Do not use the term, the concept and, above all ... Don't allow yourself to get "baited" into the statement, comment or concept... If you are or do, immediately back water on that and state that it's "not an investment in your eyes!" be adamant. You did not invest.
 You worked hard, got paid and exchanged some of your after tax dollars into some foreign currency. Your then current idea is to exchange it "back to USD". Period. Scream at the top of your lungs about your wealth after you are at least 6 blocks away from the bank/institution/exchange location. 

Maintain a calm and passive exterior, do not volunteer anything, answer questions in the most brief and simple way, do not expound on anything. 

The foregoing is as important as you can imagine and as much a part of the whole thing as all this waiting. Do not blow it! Bite on your tongue! Divorce yourself from "investment" and see that only as something other people do with excess that they have around. 

Do not see yourself as an investor, you are not (in my opinion) an investor. Buy some art that will gain value, some diamonds or GOLD... Stocks, antiques, ETC... That's investment.This ain't! 

STEVEI & MEMBER CHAT FROM PEOPLESDINAR, 9 MARCH


roper, on 09 Mar 2013 - 09:24, said:

  ROPER SAID:   Steve, thanks for continually trying to help everyone understand the reasoning and magnitude of what's happening. 2 questions, do you ever sleep? How will the world be affected when people who bought big like yourself or many others at say, 1 billion dinar or more instantly make Forbes most wealthy list?

STEVE REPLIED: Yes I do sleep when I can. As for your second question, I have no clue what others would say. As for Forbes, there are only three people I follow closely, Bill Gates, Warren Buffet and Donald Trump. I have the most respect for people on that list and those who are not, but I do like them the most.

 There are so many posts from so many other people that are seeking fame for predicting this and will do anything to get it, however I am doing my best to provide you with information from news articles combined with what has been shared to us so you can make your own assumption and judgment.
  There has been many Iraqi budgets in the past in which we actually thought the rate would be in it. Many have spent hundreds of hours with detailed diagrams and we all were not correct. This has gone on for many years now. So what makes this different you ask?

All of the budges in the past pretty much ran from one to the other and there was no real urgency to complete them. This is the first time that I am aware of, and please correct me if I am wrong, but they actually officially closed the budget and all accounts within for the 2012. I have never seen it reported in the news for any previous years budgets.

Now that this budget was closed, they (Iraq) could not start disbursing monies until the new budget was completely approved by the government. I have never, ever seen this much focus on such a thing. Another event I have never seen was the in 2012 they found a surplus and added it to the 2013. This was never done before.

 There is so much focus on the budget now that something special is going on and they are treating it very different. I guess you can all make your own assumptions as to why. Another statement that keeps popping up in the news, many leaders are stating they want and need a strong currency. So you all can be the judge of what strong is. I will tell you that .00086 to the USD is not all that strong.

 The list goes on and on. Time will tell.

 I guess it would be fair to say, until the official rate is posted in the CBI website we wait and see who has provided the most accurate information and I will leave it at that.  Blessings, Steve

buck72801, on 09 Mar 2013 - 10:04, said:

BUCK SAID:     To make it simple as what i just read up ^^^^^^ it all points to an RV period...... A much much stroger currency and i willing to bet by the numbers not less then the KWD hands over head, lol, dont hit to hard but thats my Opinion

STEVE REPLIED: Great point. It is hard to comprehend that the 2nd largest country with oil reserves and other assets would end up with the weakest currency in the world. I guess it could happen but that would be a huge mistake.

Here are a few examples if they keep the same rate.

 First, it will be very difficult to pay down the international debt that is owed.

 Secondly, big contractors will not want to get paid in the Iraq Dinar and will demand payments in United States Dollars with will further weaken their currency.

 Thirdly, their purchasing power will be very limited. For example, fighter jets, military equipment, generators for power plants, etc. and the list goes on.

 Fourthly, it will be extremely difficult to promote and attract commerce (new business) in Iraq if you hae no real currency or recognized globally.

Finally one of the biggest, other countries can now come in and start purchasing there assets thus leaving them weaker  day by the day   I am sure there is many more, but those I mentioned are major ones.   Blessings,  Steve 

Sager, on 09 Mar 2013 - 10:13, said:

 SAGER SAID:    Thank you for this.  Also, to add to what you say, the fact that you can vouch that you know the rate is in the 2013 budget due to your contacts' info (as you stated in previous posts) is ex atremely reassuring. :)  All is good! :      Thanks again    Sager

STEVE REPLIED: Yes, thank you. Text me when you see the new rate as I am not watching for it.

 One other thing, our contacts are at a very high level and I will not share yet as to what level until this is over. The only way I would do that is if you start sending me your bank account numbers with your login and passwords and your social security numbers, etc. our contacts will remain protected.

 FYI, if your bank account balance is under $100.00 don't bother. :)  :) :)    Blessings,  Steve

Lgraham  Posted Today, 10:16 AM

,IGRAHAM SAID: Yes, all of these great articles do support what you have been saying for a few years now. Thanks for putting them all together as a refresher course for those that are new or might have missed them. Call me a conspiracy nut, but many have believed that this RV should have occured some time earlier.

Afterall, Shabibi did start talking about removing the zeros back in Feb. of 2010. I have become convinced that Maliki is trying to stop this from happening and that is why he invented charges against Shabibi and had so many people arrested at the CBI.

This was a clear violation of their constitution and a power grab by Maliki. Why hasn't anyone in the Government stepped in to object to this move against the CBI. Kind of like the recently deceased Hugo Chavez of Venezula....They are an oil rich country.

Yet Hugo devalued the currency several times making it worth 90 percent less than when he came into power. His people our poorer than before and Hugo and his family are billioaires. And his country and the world love this guy? Go figure! I believe Maliki is cut from this same cloth. What do you think?   All the best,   Lgraham

STEVE REPLIED: I some what agree. Maliki seems to want full control and will not give up anything. Remember, this has been their way for ages. Changing it now is very difficult. Honestly, I am actually surprised that they have gotten this far this fast   Blessings,  Steve


JacksJill, on 09 Mar 2013 - 10:29, said:

JACKSJILL SAID:      Just a reminder ...1 Kuwaiti Dinar equals 3.52 US Dollars!  :)

STEVE REPLIED:  Until Iraq earns their right in the global economy with a stable government and a proven track record, they do not deserve to be greater in value than Kuwait. So the $3.41 to $3.48 works for me. Blessings,  Steve

Barney Fife  Posted Today, 10:31 AM

BARNEY FIFE SAID:  Steve please correct me if I'm wrong and maybe there was a change in the law but the constitution of Iraq shows the president ratify's the budget.  Article 70:

The President of the Republic shall assume the following powers:

A. To issue a special pardon on the recommendation of the Prime Minister, except for anything concerning private claim and for those who have been convicted of committing international crimes, terrorism, and financial and administrative corruption.

B. To ratify international treaties and agreements after the approval by the Council of Representatives. Such international treaties and agreements are considered ratified after fifteen days from the date of receipt.

C. To ratify and issue the laws enacted by the Council of Representatives. Such laws are considered ratified after fifteen days from the date of receipt.

D. To call the elected Council of Representatives to convene during a period not to exceed fifteen days from the date of approval of the election results and in the other cases stipulated in the Constitution.

 I was told yesterday Talibani signed it

STEVE REPLIED: I was not aware of this one, but only shared what someone in the parliament told us the process was. That works for me. Thank you so much for sharing more additional facts.  Blessings, Steve

DINAR GURUS UPDATE, 9 MARCH

3-9-2013 Newshound Guru Phoenix3333  Articles:  "Maliki receives Iranian Oil Minister."  "Kordestani: We will appeal to the Federal Court in approving the budget in the coming days"   Remember the Kurds want a separate state...and they have the U.S. backing them.  And imo, as long as Iraq continues doing business as usual with Iran, we will see delays.   

3-9-2013  Intel Guru Frank26   Rejoice...For as we shared  M [Maliki] has metamorphosized himself into that nice guy again. He is helping, not infecting.  The IMF meetings with CBI on 4/5/6 was a passing grade on the budget and a rate.  Look around ...Reguardless of what Bernake and some have said ...Gold and Silver will become more than just...Metals.  USD stays on target as it takes the day off.  Homes and Money being GIVEN to CITIZENS ( You will read about it soon) ...Oh so much more than HCL. But of course...The Budget...It's full of Stars.  Indeed ...15th...21st...22nd...Is to pay attention to.

3-9-2013  Newshound Guru Tlar  The second most important tool is a free press.  Although Maliki has been able to ignor accusations of corruption, at least it is being reported.  Maliki has been unable to stop the presses or the demonstrations up to this point.  In other words Maliki has been unable to completely consolidate power.  This is a failing in his attempt to become a dictator because these two tools are extremely important to accomplish this.  This is the chink in Maliki's armor.  The Kurds are smart guys.  They will bitch and moan and they will always try to push their agenda through.  But remember this, Barzini has said multiple times that he would never pull away from Iraq, while occasionally trying to use  this as a vailed threat to further his agenda.  There are many more problems for Barzini if he were to try to pull away from the new Iraq, then if he stayed.   [post 2 of 2]

3-9-2013  Newshound Guru Tlar   Article:  "Maliki: National Alliance will continue to adopt laws by majority political"  although nobody can accurately predict the future, I don't believe the Kurds will go against or pull away from Iraq.  The 3 sects unfortunately are tied together and as they jockey for position one thing has become clear.  The people have a voice in their government. The one thing about democracy that stands out is that the people of Iraq have effectively learned to demonstrate and protest.  This is a primary tool of  democracy. It  mostly does not exist in totalitarian systems because the governments can't tolerate this tool.  Either the people protesting are slaughtered or there is a complete rebellion as in Syria.  The shear fact that tool is being used, gives me great hope that their is a future for Iraq's fledgling democracy.  [post 1 of 2....stay tuned]

3-9-2013  Newshound Guru Kaperoni   Article:  "Member, Committee on the economy warns Iraq's accession to the World Trade Organization in the absence of local product"  They make a valid point wanting Iraq to wait until they are "exporters"  But under the current situation, IMO, I think allowing Iraq full accession will help them in the transition.

3-9-2013  Intel Guru TerryK   SLOW DAY, OTHER THAN THE BUDGET IS PASSED.  ALOT OF US ARE LOOKING AT THIS...WEEKEND.  THINK ABOUT IT...PASSED BUDGET...HOW CAN THEY DO WHAT THEY WANT TO DO WITH NO VALUED CURRENCY.  IN THE PAST I WILL TELL YOU THIS AND IM NOT SPOSE TO TELL U BUT THEY USED GOLD THE LAST TWO YEARS TO LIVE ON, CHINA BUYING MOST OF IT.   IT'S TIME, THEY ARE READY.  STAY GROUNDED

STEVEI UPDATE, 9 MARCH


From Stevel

While we wait, I am going to clean up some of my old posts that point to nothing but a strong currency in this country. You all can be the judge if it will or will not happen, furthermore, you all can also decide if it is or is not in the budget. For all of the new members, and the ones with major doubt, start reading some of the supporting documents in my posts and you decide.

 There are so many posts from so many other people that are seeking fame for predicting this and will do anything to get it, however I am doing my best to provide you with information from news articles combined with what has been shared to us so you can make your own assumption and judgment.

 There has been many Iraqi budgets in the past in which we actually thought the rate would be in it. Many have spent hundreds of hours with detailed diagrams and we all were not correct. This has gone on for many years now. So what makes this different you ask? All of the budges in the past pretty much ran from one to the other and there was no real urgency to complete them.
  This is the first time that I am aware of, and please correct me if I am wrong, but they actually officially closed the budget and all accounts within for the 2012. I have never seen it reported in the news for any previous years budgets.

 Now that this budget was closed, they (Iraq) could not start disbursing monies until the new budget was completely approved by the government. I have never, ever seen this much focus on such a thing. Another event I have never seen was the in 2012 they found a surplus and added it to the 2013. This was never done before.

There is so much focus on the budget now that something special is going on and they are treating it very different. I guess you can all make your own assumptions as to why. Another statement that keeps popping up in the news, many leaders are stating they want and need a strong currency. So you all can be the judge of what strong is. I will tell you that .00086 to the USD is not all that strong.

 The list goes on and on. Time will tell.

I guess it would be fair to say, until the official rate is posted in the CBI website we wait and see who has provided the most accurate information and I will leave it at that.

 Please feel free to ask any questions about these topics and subjects and I will respond as time allows.

 IMF Guidelines

 There are many trying to predict a rate regarding the Iraq currency change that will take place in the near future.

 I would like to share again for all of the new members that have recently joined, and a refresher for those previous members.

 Classification of Exchange Rate Arrangements and Monetary Policy Frameworks

 January 31, 2012

  If you recall the IMF guidelines set forth, called "Classification of Exchange Rate Arrangements and Monetary Policy Frameworks", dated June 30, 2004, we talked about the restrictions. Remember that?

I said a currency cannot change more than 2% every 90 days for a period of two years.

 So, under Exchange Rage Regimes, sub paragraph Other Conventional Fixed Peg Arrangements it states the following:

 The country (formally or de facto) pegs its currency at a fixed rate to another currency or a basket of currencies, where the basket is formed from the currencies of major trading or financial partners and weights reflect the geographical distribution of trade, services, or capital flows.

The currency composites can also be standardized, as in the case of the SDR. There is no commitment to keep the parity irrevocably. The exchange rate may fluctuate within narrow margins of less than ±1 percent around a central rate-or the maximum and minimum value of the exchange rate may remain within a narrow margin of 2 percent-for at least three months.

he monetary authority stands ready to maintain the fixed parity through direct intervention (i.e., via sale/purchase of foreign exchange in the market) or indirect intervention (e.g., via aggressive use of interest rate policy, imposition of foreign exchange regulations, exercise of moral suasion that constrains foreign exchange activity, or through intervention by other public institutions).

Flexibility of monetary policy, though limited, is greater than in the case of exchange arrangements with no separate legal tender and currency boards because traditional central banking functions are still possible, and the monetary authority can adjust the level of the exchange rate, although relatively infrequently.

STEVE: So, why in the world would Iraq want to change their currency to a level they could never achieve with respect to currencies close to the region?

 This is why I would like to put to rest the $1.00 rate now. I will update this post in a few minutes with more documents.

 Related Article

Baker Jaber AL Zubaidi: Iraqi Dinar Value should be Raised

November 30, 2010   Al-Sabah - [6/29/2006]

The Ministry of Finance together with the Central Bank are studying a proposal to raise the value of the Iraqi dinar in order to return it to previous levels where one Iraqi dinar was valued at 3.33 US dollars. This was pre 1980 before Iraq became involved in three destructive wars that at one time led to the currency's value dropping to a level of 3,000 Iraqi dinars to one US dollar. The proposal has the support and approval of the World Bank.

A statement by B.J. AL Zubaidi, the Minister of Finance, in which he said that he had suggested to the Chairman of the Central Bank, Dr. Sinan AL Shibibi, that three zeros be taken from the Iraqi Dinar in order to raise its value so that one Dinar be equal to a Dollar. He explained that the financial authorities were set on holding a meeting next month to discuss the matter. The meeting is to be attended by experts and specialists from the Ministry of Finance, the Iraqi Central Bank and the Commercial Bank .

  The new Minister confirmed that 2007 would see the preparation of a qualitative budget, the first of its kind in Iraq history, and that the new program would pinpoint economic indicators.

LINK

First would be the December 31 article called: Economist: delay approving the budget would reduce the incentive for private sector investment <-- nbsp="" strong="">PD Link


Recap of that article:

Financial expert warned Hamad Bashir Alwan of the delay in approving the budget for the financial Szbbh to reduce the incentive for private sector investment in the country.

He warned of the delay in approving the budget more than that causing a reduced incentive for the private sector to invest in the country, which generates therefore prevail has the spirit of pessimism because the investor is always looking for opportunities for profitable and safe if not fired budgets they certainly will expect that there is nothing will reduce the motivation for investment,

indicating that there is another negative aspect is the low levels of income for all segments of society because the budget allocation process is a way to enter the government as that government spending is part of the application which is a special and spend a year, which in turn is divided into consumer and government spending and investment in particular.

*************************************************************************************

STEVE:  Secondly would be regarding need for re-evaluation of the Iraq currency. Back in February of last year, Maliki's quote was "The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy,"

Recap of that article:

The Iraqi dinar's exchange rate is suffering from low value against foreign currencies as a result of decades of wars and economic embargo that brought the local currency's exchange rate to the rock bottom from three dinars per dollar in the late 1970s and 1980s to 3,000 dinars per dollar after the 1990 invasion of Kuwait, followed by a 13-year crippling sanctions regime.

*************************************************************************************

STEVE: Lastly, we have this new article dated December 31 where Maliki is quoted "We have no restrictions on their [foreign investors] entry. We want them," Maliki told The Wall Street Journal. "We need speed. We need money." <-- br="" link="" pd="">
Recap of that article:

Maliki last year gave the nod to a series of oil deals aimed at boosting the country's oil production to more than 12 million barrels of crude oil per day in less than a decade. Exports and production, however, are limited in part by a lack of infrastructure at southern ports and a slow-moving political system.

Oil production has lingered at around 2.5 million barrels per day from Iraqi fields for years. Maliki said four new oil-exporting terminals off the coast of Basra, however, could push Iraq's export capacity past the 3 million barrel mark by September, a first since the U.S.-led invasion of 2003.

LINK

Related Article

CBI Consultant: We seek to restructure the currency   December 1, 2010

Baghdad (news) .. An advisor of the Central Bank Mzarsaleh that the bank is seeking to restructure the currency to suit the economic development., “Said Saleh (of the Agency news) today:

We will resort to the restructuring of the currency to suit the new situation and economic progress, noting that the currency is growing day by increasing Alatnag and economic progress, not because of inflation and release as before.

He added: that the value of the Iraqi dinar escalate, and this rise has achieved a major goal in addition to the purchasing power of the dinar rose to the value of imports.

Saleh explained: Ann's central bank plans to maintain the value of the Iraqi dinar and the essence of monetary policy, which we have adopted the stability of the overall level of prices.

Salih noted that the exchange rate the Iraqi dinar and foreign currencies is the external value of currency, where the value of internal and external value, explaining: the external value is important for the economy of oil-exporting countries and importing of goods of the many, as we believe that monetary policy is part of the targeting of inflation and raise the purchasing power of the Iraqi dinar .

LINK

  I will keep adding to this as I clean it up. Not all formatting is working properly on this new system.   Blessings,   Stevel

FRANK26 UPDATE, 9 MARCH

Rejoice ........... For as we shared ....... M has metamorphosized himself into that nice guy again. He is helping not infecting.

The IMF meetings with CBI on 4/5/6 was a passing grade on the budget and a rate.

Look around .......... Reguardless of what Bernake and some have said ........... Gold and Silver will become more than just ........... Metals.

USD stays on target as it takes the day off.

Homes and Money being GIVEN to CITIZENS ( You will read about it soon) ........... Oh so much more than HCL. But of course .....The Budget........... It's full of Stars........ Thank God.

BILL A ............. Recieved an answer from EAGLE 1 yesterday. Indeed ........... 15th ...21st....22nd........Is to pay attention to. Olympic Basketball is fun .......... Basket of Currency is too............. Especially in The Metal Rounds.

T is about to say ........... Hi Citizens....... Hozit? LOL !!!

Biden once again said he wants to go to Iraq.......... GOI says oh heck no !!! Now even The CITIZENS tell O .......... Stay away !!! We see what u see and .......... It's NOT us.

Galleger is now busting up more .......... Watermelons. LOL ........ No worries on this one.......... I'll tell You on a beach someday........... ;)

Other than that ........... Not much is going on ....... :))

Have a safe Saturday......Aloha KTFA Family .....  KTFA,  Frank

THINGS ARE HAPPENING BEHIND THE SCENES IN OUR FAVOR, 9 MARCH

[superdj567] wow....I just had one my contacts just called me stated that this is full steam ahead.....things are happening behind the scenes in our favor....something should be happening soon...he did not give me anymore details........hope this helps some.

[superdj567] I don't know......my contact is overseas ….he just called me minutes ago

 [superdj567] I wish I had more details from my contact..........he would not tell more.......he told me to hold on