,
DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, May 10, 2014

DEEP SOURCE INTEL UPDATE: #1, 11 MAY

SITREP (Situational Report)

Deep Source #1:


"Intel that has been coming in the past couple of days has been looking very good. We have been told to keep silent. See this as positive news."

TNT CHAT UPDATE, 11 MAY

TNT:

Toolkeeper: its been my opinion that the RI / RV / GCR is a means to recapture global dollars and repatriate those dollars to the shores of the usa.

Toolkeeper: 4 years ago, a friend of mine who invited me to visit their family in China, told me about the Dinar.

Toolkeeper: i was skeptical at first about the claims of the dinar since i heard some of the same things about the Mexican peso back in the late 70s / early 80s.

Longcoat:  Peso ? Good bet!?

Toolkeeper:  longcoat. back in the day, folks said the same of the peso when the CB of mexico starting to print up these inflated 3 zero bills.

Toolkeeper: what crushed the dreams of those who were playing the peso game was the introduction of the lower denoms. the cb of mexico then claimed that the 3 zero notes now had a true value that was lopped of the 3 zeros. 100,000 peso note became 100 pesos.

Rgh98j:  tool so what do you feel is different with the dinar? could Iraq not do the same thing?
....
Toolkeeper: That makes the dinar and other currencies different is the apparently lack of a lop or a redenomination. and for good reason. the usa government / FED needs to contract the amount of currency in circulation.

Toolkeeper: and how do you contract the money supply? well ya gotta create an event to recapture the dollars in circulation.

Toolkeeper: i view the RI / RV/ GCR as the event to help contract the usa money supply… you gotta bring them dollars home to these shores.

Toolkeeper:  so, thats why im not trouble with a high rate of exchange for the dinar/ dong/ rupiah.

Longcoat: Agreed

Toolkeeper: you could do a high rate. the willy nilly dollars being printed over the decade, has to come home. else, we are looking at a collapse. like 1929.

Toolkeeper:  what cause the great depression is the FED ending abruptly, printing of money unrelated to a certain formula AND contracting dollars in circulation.

Toolkeeper:  so as it see it, RI / RV/ GCR is needed to softland the global economy rather then to crash and burn

Longcoat:  Yellen ,, just said they are going to print money until the fall I listened and watch her interview

Toolkeeper:  yeah. yelllen has no choice to lie about what she is planning to do. If she was to telegraph what she intends to actually do, we will see a 1929 stock market crash.  If yellen was to actually come out to say that QE was ending, you would see a massive sell out, money going into hiding.

POPPY3 UPDATE, 11 MAY

[Poppy3 ]   THERE WILL NOT BE A GCR AS MANY...WANT YOU TO BELIEVE.   IT HAS ZIP TO DO WITH A RV OF DINAR. YES THERE WILL BE SOME MIDDLE EAST AND SURROUNDING CURRENCIES THAT TRADE DAILY WITH IRAQ THAT WILL HAVE TO ADJUST THEIR CURRENCIES FOR THE PURPOSE OF TRADE WITH IRAQ BUT THERE WILL NOT BE SOME 100 PLUS COUNTRIES ADJUSTING OR RVING THEIR CURRENCIES..

MARKZ UPDATE, 10 MAY

MarkZ] I will not make it in to chat with you all tonight. I just wanted to stop in and tell you that all the news today is excellent.  

Things actually do appear to be headed over the rainbow to the little guy and his pot o' gold. 

I believe SQ is going to close the chat room tomorrow to honor all the wonderful mother's we have in here. I was blessed with a wonderful mother and would like to wish all the mother's in dinar/VND land the absolute best for Mother's Day,  

God bless everyone of you for everything you do.

[highhopes] MarkZ Could this be our week finally!!

[MarkZ] highhopes I fully expect it to be.

[MarkZ] I will miss you all tonight, see you soon. Any great updates tomorrow I will post to my FB or tweet to you all. 

Enjoy the day tomorrow.

1STSTEELTOE POST FROM TNT FORUM, 10 MAY

1StSteelToe:   Poppy3 I CAN’T DIVULGE THE DIRECT INFORMATION OR WHERE IT CAME FROM BUT HEARING THE NEXT 48 HOURS COULD PROVE TO BE AWESOME FOR US. BEING TOLD THIS CAN BE DONE REGARDLESS OF ANY POLITICAL SITUATION. THEY WANT THIS NOW NOT LATER. THE QUESTION IS CAN THEY DO IT BEFORE THE POLITICAL SITUATION CAN FIND SOME WAY TO STOP THE PROCESS. TIME WILL TELL.

I4U CHAT WITH ROBERTPROFESSOR, 10 MAY

I4U:

[Robertprofessor] Good morning, everyone. Are we "happy, happy, happy?" Are we cooking with peanut oil yet?

 [notsoguru] Robertprofessor gm should we be?

 [Robertprofessor] notsoguru I think so. I have an opinion to throw into the public arena here.

 [notsoguru] Robertprofessor go for it!

 [Robertprofessor] Okay, I actually typed this out beforehand.

[Robertprofessor] There's a point of view in dinarland, usually repeated ... oh, about 52 times each year ... that the best time to do a major adjustment of the world's currencies is late Saturday night/early Sunday morning, from an American-centric point of time. Uhm, that would be our tonight.
....
[Robertprofessor] This point of view is based on the fact that Forex and other trading platforms are down for repair/maintenance.

[Robertprofessor] The counterpoint to this viewpoint is that trading platforms are never really down. Anyway, I think tonight while we sleep will be when the big event takes place.

[ChildOfGod] Robertprofessor I agree 100%! Great synopsis!

[Readynow] Robertprofessor, oh how we pray you are correct. Sounds good to me.

 [Robertprofessor] Now, I have had this point of view for 364 previous Saturday/Sunday "happenings" and I have a perfect record so far of being completely wrong. So with that, I think we should be happy, happy, happy and cook all day with peanut oil.

[snowwolfsdee] Robertprofessor rofl

[notsoguru] Robertprofessor good synopsis! do you have an insider guru? lol

 [Robertprofessor] notsoguru Oh, yes. Princess Leia contacted me. The Jedi Knights are to arrive today along with all those soldiers coming back home ... that "report" I saw on some NESARA site. <mash sarcasm button now>

[ChildOfGod] Robertprofessor She contacted you too? I thought I was the only one roflmao

[Robertprofessor] Okay, gotta run and do some keyboard practice. In the mood for tunes like "When You Wish Up on a Star" ~ "Somewhere Over the Rainbow" ~ "I Left My Dinar in San Francisco" et cetera, et cetera, et cetara ad naseum.

FRANK26 & MEMBERS FROM KTFA FORUM UPDATE, 10 MAY

Post by ehankins » May 9th, 2014, 11:28 pm  •  [Post 54]

FRANK, ADMINS, TINK, DELTA EVERYONE ASSOCIATED WITH THE GATHERING OF INFORMATION OF THE IQD HAVE RECENTLY BROUGHT TO THIS FAMILY A HUGE AMOUNT OF INFORMATION THROUGH ARTICLES, FEET ON THE GROUND AND EARS ON THE STREETS.

ALL OF THIS INFORMATION HAS BEEN ABOUT REAL ISSUES THAT POINT TO WHAT WE WAIT FOR...THE RV.
~~~
BECAUSE OF THIS PLETHORA OF INFORMATION AND NOW WAITING FOR THE RESULTS I FIND A GREAT DEAL OF ANXIETY BUILDING DUE TO THE FACT THAT NOW, THIS TIME, THIS INFORMATION, POINTS TO THE END.

THIS TIMING HAS BROUGHT US TO SOMETHING ELSE NOT TO MORE INFORMATION THAT WILL LEAD US TO ANOTHER ROAD OF POSSIBILITIES.

 BUT, NOW WE STAND "IMO" AT THE WALL WHERE GOD HAS BROUGHT US. ON THE OTHER SIDE GOD IS READY TO BRING THE WALL DOWN AND ALLOW US TO CONTINUE TO MOVE FORWARD WITHOUT MISSING A SINGLE SOLITARY STEP.

AS I TALK TO OTHER PEOPLE (MANY) INVESTED THEY ARE EXPRESSING ALOT OF FRUSTRATION AND AS I SAID, ANXIETY AND APPREHENSION AND SOME DOUBT.

I COMPARE IT TO A PERSON WHO HAS COME A GREAT DISTANCE ACROSS A SEEMINGLY ENDLESS DESSERT WITH AN UNSHAKABLE FAITH BUILT ON DESIRE AND A DETERMINATION TO RECIEVE.

DURING THE JOURNEY THEY LEARN WELL THE PURPOSE OF THE BLESSING AHEAD AND EVEN GREATER THE REASON FOR THE STRUGGLE OF EACH STEP TAKEN.

NOW, DO WE COLASP AT THE THRESHOLD OF AN OASIS PREPARED FOR US? BY NO MEANS NO.

DESIRES COME AND GO BUT PURPOSE IN BUILDING THE KINGDOM HAS REASON AND FULFILLING GODS PURPOSE WILL BRING LIFE AND IT WILL BE ABUNDANT.

THOSE WHO HAVE HEARD WITHOUT A DOUBT THAT THIS IS OF GODS PURPOSE.

IF YOU ARE ONE OF THESE WHO HAVE HEARD THEN THERE ISN'T A REASON TO DOUBT. THERE'S NO BETTER WAY TO SAY IT. BE STRONG AND THEN BE......

Postby backdoc » May 10th, 2014,   THE IMPLEMENTATION THAT WE SEE ON THE SFA AGREEMENT, SUCH AS THE TRAINING OF TROOPS AND THE F-16 FLIGHT GIVE ME GREAT COMFORT THAT WE ARE SEEING THE BEGINNING OF THE END OF OUR JOURNEY. ‘

WE HAVE THE CBI ADMITTING THAT THEY WOULD HAVE DONE IT EARLIER IF THERE HAD NOT BEEN POLITICAL INSTABILITY.

WE HAVE SEEN SIGNIFICANT STEPS WITH OPEN MARKET OPERATIONS FROM THE CBI PREPARING FOR THE DELETION OF THE ZEROS.

WE HAVE ALLIANCES BEING FORMED IN THE WINGS TO SHIFT THE POLITICAL PROCESS IN IRAQ TO A TRUE DEMOCRATIC PROCESS.

 SOME PEOPLE LOOK TO CAR BOMBS GOING OFF AS POLITICAL INSTABILITY, IMO THIS IS NONSENSE.

AS THE SFA AGREEMENT BECOMES MORE FULLY IMPLEMENTED WE WILL SEE BETTER SECURITY AND LESS TRIBAL STRIFE.

I HAVE NEVER BEEN MORE OPTIMISTIC ON OUR INVESTMENT. WATCH NOT JUST WHAT THEY SAY BUT WHAT THEY DO !!

ONCE A GOVT. CAN BE FORMED I AM VERY EXPECTANT OF EVEN BETTER ACTION !!

REMEMBER IT TAKES THE CBI, THE GOI, AND THE PARLIAMENT WORKING TOGETHER TO MAKE THIS LAVA FLOW THE RIGHT DIRECTION. I DON'T BELIEVE IT WILL STOP !!

PULL UP YOUR BIG PANTS AND LEAVE YOUR EMOTIONS ON A SHELF FOR NOW, AND LET THIS WONDERFUL CURRENCY TRADE COME TO THE WORLD AND US.

EVIDENCE ABOUNDS ALL AROUND US AS TO THE LAVA FLOW.

JUST STEP BACK A BIT AND OBSERVE. ALSO IN MY OPINION WE ARE LIKELY TO SEE CONTRADICTORY ARTICLES TO THEIR ACTIONS IN THE NEXT FEW DAYS OR WEEKS THAT IT TAKES FOR THIS HAPPEN.

WHEN THE STRATEGY IS RIGHT WE WIN AND THIS ONE IS RIGHT WE JUST DON'T CONTROL THE TIME !!! GOD DOES !! LORD BLESS THOSE WHO ARE WEAK, AMEN !!

Post by Frank26 » May 10th, 2014,   Yes........ Very well said. 5 years ago I shared that once our Troops land ............ We never leave. We watch as we babysit Iraqi Troops to make mistakes and improve from them.

Note ....... NO ONE DARES ........... To Mess with Iraq.  Why?

Because ALL know who is there to PROTECT .......... An Investment.

IMO......... Iraq is well secured. To our definition and needs. Captain Kurt would call it ........... "THE PRIME DIRECTIVE" ............. Understand?  KTFA, Frank

Post by singingwolf » May 10th, 2014,  [quote="JJONESMX";p=428657][/quote]

Please people, read the article. It clearly states: "He pointed out: that the date of implementation of the project is still not fixed by the central bank, but it is probably during the next eight months or early 2015."

That means ANYTIME BETWEEN NOW AND EARLY NEXT YEAR!!!!!!

Simply stating what we already knew.

  moneytalks1 wrote on May 10th, 2014,   Hi and good morning,

   Idon't know if anyone noticed but this article has an obvious contradiction. It says on one hand that "

"The project is one of the economic projects important to the country, being the reduced mass of the large cash and facilitates the process of transfer and calculated,

noting that the implementation of the project is not linked to the economic situation and political situation in the country, the fact that the central bank Prepare all supplies for its Application..."


Then, on the other hand it says, " The central bank said earlier that the implementation of the project to delete the three zeroes from the Iraqi currency depends on the political and economic situation in the country. / End / 8 /[/b]

    I say ignore this article. misleading. IMO, based on all the facts, the deletion of the three 000's is just around the corner. Right now, i think we are waiting for the election results. Wants the GOi is seated, things will happen lightning fast.      Thanks again.

Post by Frank26 » May 10th, 2014, Excellent post   As I shared ......... We are in minute number 2.

Even if the results of the elections have NOTHING to do with the MR of the IQD. As we wait for the CBI to release a new rate BECAUSE they qualified for the IMF's articles 8 ........... Note that M is not an issues. In fact ......... May I politely ask .......... Where is he?  Proper answer ........ Who cares.

Minute 3 is where the GOI seats. With or without or within .......... M.

My hope is to see the CBI give this GOI a new rate BEFORE they sit. If given after they sit ....... It can lead to one claiming credit for it perpetuating the roots of dictatorship.

With a new frontier awaiting this country and soon Very Powerful Currency ............ This type of barbaric leadership Must come to an end ........ Now!!!  KTFA,  Frank

    joy wrote on May 10th, 2014,    Frank,   would you say something hear for me,just some thoughts or a prayer,that the entire family would like?     Please.And thank you so much Frank. JOY

Post by Frank26 » May 10th, 2014    Hmmm........ How about this:

I trust the CBI/IMF.......... Based on what they are doing.

I no trust the GOI........... Based on what they always say.

But will always Trust in God. KTFA, Frank

  prophecy wrote on May 10th, 2014, 10:38 am:  Will the pattern break this time? Every time it appears we are getting close, these types of articles start appearing. This is a pattern that has not been broken.

So I do not ignore this but file it away as one possibility. Political stability is so easy to "affect" in Iraq. Pray that the government just elected desires it and is able to control those that don't
Post by Frank26 » May 10th, 2014,  I Memorize what the CBI ...... IMF ....... TURKI .......Say. 

I tend to vaguely remember what the goi ........... Utters.

Because most of the time I find their thoughts to be utterly rediculous ........ :rofl:  KTFA, Frank

DINAR GURUS UPDATE, 10 MAY

5-10-2014   Newshound Guru Millionday     i dont know the date -- i do know that CBI has stated in multiple reports that they are ready for the banking reform to go forward with the step of changing the value and the international rates so now we wait -- they have not said we will have to wait a long time or we wont -- but they have shown a newly gained care for the citizens and their own economic future for the region and for them.

5-10-2014   Intel/Newshound Guru American Contractor
   In a few weeks, the Development Fund for Iraq (DFI) will expire on 22 May just like it has every year since 2003.  There are lien holders, pending litigation and lawsuits against the Iraq governments previous regime.  The DFI funds are held in a New York bank and the Ministry of Finance has access to these funds.  The DFI account will continue being held in New York until after 22 May and will not be exposed to the numerous liens, lawsuits and creditors.  The Iraq government will not risk losing those DFI funds.

5-10-2014   Intel Guru TerryK
   ...I HAVE BEEN ASKED TO BE QUIET BUT I WANTED TO SHARE SOME NEWS I GOT YESTERDAY…I WAS ADVISED THAT THE CMKX IS ALL READY TO MOVE WITH IN A WEEK …I WAS ALSO TOLD THAT WE ARE TO SEE THIS PRIOR TO THE 15TH.  OK SO IM THINKING THAT THIS MAYBE THE WEEK OF THE BLESSING…WHAT I WAS TOLD WAS THEY WANT THIS IN PLACE BEFORE THEY SEAT THE NEW MEMBERS OF THE GOV.   NOW I HEARD LAST WEEK THAT THE DINAR WILL GO BY ITS SELF…THE DONG A WEEK LATER...

5-10-2014   Newshound Guru Millionday
    ...we are waiting on the rates to be set and released for trade --- they have stated that they are in the middle of it so i would think now that the international citizens should be receiving their cards and form of payment and also am looking for the finishing of regulations coming out to the public eye on all issues -- i see nothing that is holding things up so -- the steps we were told about process is what i would say is going on -- so watching for announcements on each of those steps as they occur.

5-10-2014   Intel/Newshound Guru American Contractor
   The Iraq federal budget for 2014 will continue to be delayed as they wait for the next government to be seated.  It is possible that the next seated government will have to work on both the 2014 and 2015 budgets.  The next government will have to work harder than they ever have to accomplish this task.  Projects in Iraq are suspended or stopped altogether because of the Iraqi Parliament Speaker and the Parliament members failing to pass a federal budget. More delays, not a shocker.

5-10-2014   Newshound Guru Kaperoni
  ...those who keep posting the dinar will RV/RI or go up in value, today, tomorrow or even within 60 days are nuts. You have a country with close to 1/3 of its demographic controlled by terrorists. These terrorists are destroying the infrastructure, bridges, roads, buildings, electric, waterways and as this article states..they control these banks. You think that the CBI is going to raise the value during all of this? While they still are not in compliance with the IMF? Not happening. I said it over and over, watch the GOI, watch Parliament. The economic reform laws and banking laws need to pass. As well this terrorist issue needs to be resolved. And the CBI needs to meet the conditions set forth within the Article IV Consultation from May 2013. Nothing happens fast in Iraq. Everyone needs to relax and plan for late 2014 at best.

5-10-2014   Intel Guru MarkZ
   [...are we about to see the RV?]   IMO, heck yes we are about to see it. I refuse to give you a timeline but I expect it this month...   [tony (Intel Guru TNT Tony) said this will be the best weekend- of our journey! He will very likely be right.

5-10-2014   Newshound Guru Millionday
    [On Monday was there not a report that the IMF came out and told the cbi to set a rate?]   yes they ordered it to be set by the report we had -- the exchange rate to the USD... in ink.  

HEADLINES : THE BLADE NEWS: " TRIAL OPENS IN ALLEGED CURRENCY FRAUD SCHEME", 10 MAY

5-10-14 The Blade (Jennifer Feehan): Trial opens in alleged currency fraud scheme: 3 accused of $23M scam in Iraqi dinars.

Crooks or businessmen? That’s what a jury will have to decide in the next few weeks as the trial of three area men charged in a $23 million fraud scheme unfolds in U.S. District Court.

The trio is accused of selling Iraqi currency, the dinar, and placements in two nonexistent hedge funds using false statements to lure investors. Charged in the alleged conspiracy are Bradford L. Huebner, 66, of Ottawa Hills; Charles N. Emmenecker, 66, of Sylvania, and Michael L. Teadt, 67, of Maumee.

In his opening statement to the jury Tuesday, Assistant U.S. Attorney Gene Crawford held up a 25,000 dinar note worth that he said is worth about $25 in U.S. dollars. It is not illegal to exchange dinars for dollars or sell it for a fee, but Mr. Crawford said the defendants broke the law when they lied to sell $23 million in bad investments.

Mr. Crawford said the defendants promoted the currency as a potentially profitable investment on the theory that at some unknown point in time a “revaluation” would occur. If the Iraqi government would increase the value of its currency from a tenth of a penny to, say, $2, a $25 investment could turn into $50,000.

He said the BH Group, a Toledo company started by Mr. Huebner to sell dinars, used a number of false statements to promote investment in dinars and in two related hedge funds, including the contention that a member of their group was wounded while fighting in Iraq and that the U.S. Treasury held a large sum of dinars.

From Mr. Huebner’s office overlooking Fifth Third Field in downtown Toledo, the company would hold regular conference calls to lure investors, Mr. Crawford said, relying heavily on the “expertise” of Rudolph M. Coenen, a co-defendant from Jacksonville who pleaded guilty last year to conspiracy to commit wire fraud, wire fraud, and five counts of money laundering.

Rick Kerger, who represents Mr. Huebner, told the jury that it was Coenen who sold Mr. Huebner on the hedge funds then spent all of the proceeds.

“Rudy Coenen, you’re going to find, is the biggest liar you ever heard,” Mr. Kerger said. “You’re going to find something else: He’s good at it, very good. He conned these guys.”

Attorneys for Mr. Teadt and Mr. Emmenecker also told jurors that the men were duped by Coenen and invested their own money in the scheme.

Mr. Huebner, Mr. Emmenecker, and Mr. Teadt each are charged with conspiracy to commit wire fraud and wire fraud. Mr. Huebner also is charged with mail fraud and multiple counts of money laundering and structuring transactions to evade reporting requirements, while Mr. Teadt also is charged with mail fraud, three counts of structuring, and one count of making a false statement to an IRS agent for allegedly saying he never sold dinar.

Testimony is to begin at 9 a.m. today before Judge Jack Zouhary.

DINAR IRAQ & DONG VIETNAM POST FROM FACE PAGE, 10 MAY

It is my opinion that anyone who holds the currency will benefit. I believe the nominal rate is what they will change first (delete the leading zeros) so whatever that turns out to be, that will be the value of the physical dinar. If the nominal rate is changed to one to one, the million dinars you hold will be worth 1 million US before the taxes are paid. For those that hold accounts in Iraq, it is my belief that they will not lose or gain in value. Right or wrong that’s my belief.
-------------
what else Iraq is waiting on to finally declare a new rate for their currency. Iraq was released from Chapter 7 last June. We thought once we got into 2014 something would happen.) Chapter 7 was a major hurdle and that is cleared. We’re simply waiting for the elections to be finalized, an HCL resolution, and an RV!

TLAR UPDATE, 10 MAY

5-10-14 Tlar: (Hi Tlar. I was wondering what you think about the whole issue of IMF compliance and getting into Article VIII.....having the street rate and bank rate 2% or less. I know this is a big issue for Kap and others and they think that for the IQD to be internationally trade-able they have to get down to that 2% (and go from Article IV to VIII). I was just wondering about the importance of needing to move to Article VIII for the IQD changing value. I am not a proponent of the float theory and I have thought for a while that the CBI could become IMF compliant right away if necessary.....that it is ready to go and things are being stalled (and that the whole argument they are not in compliance with the 2% is really a moot point).

My view is different from ****  for a number of reasons.  First the CBI has just stated that once the government is together and settled, they will delete the zeros around the middle of this year.

Since there is no way to tell if the rate will be at 2% between the program and street rate, they are saying they are going to do it at that time anyway, only stipulating the government situation must be settled.

I think that while it is a requirement for countries to try to keep their rates at 2% or less, it may not be necessary for Iraq to actually be at 2% to change the value of the currency and then declare they are going to article VIII.  Once in article VIII everything changes anyway as far as monetary policy.

The playing field changes and so do the rules.   The IMF will continue to put pressure on them to keep the rate at 2% as before but this is an extraordinary and unique situation.

Never before has a leader of a country allow what has gone on in this country.  Maliki has tacitly allowed Iran to counterfeit the dinar and sell it inside the country and has never made one arrest that is tied back to Iran.  Remember Maliki is in Iran's debt for them virtually securing his role as PM in the 2010 elections.

In my eyes he is complicit in Iran's counterfeiting the dinar..  Everybody knows Iran has been dumping bogus counterfeit dinars on Iraq now for years and taking good USD back home.

Maliki has let this fester to a point that is serious and kit was taking a toll on Iraq's economy.  You just can't bleed a country the size of Iraq year after year of billions in hard currency and not have some kind of economic effect.

Shabibi, when he was the governor, once told the press that it is not the bank responsibility to ferret out the counterfeiters.  That is a government responsibility because the government has security and police forces.  He said this to the press in 2010.  Still Maliki let it go on doing nothing.

The US warned the Maliki government as far back as end of 2009 that Iran was starting to counterfeit the currency and set up bogus companies and distribution systems to sell it in Iraq.

Maliki still did nothing.  The shear fact that the only counterfeiters that have ever  been caught in Iraq were Iraqi's consisting of one and two man operations operating inside of Iraq, while I'm sure with very little investigative work they could have found the hundreds of connections to organizations connected to Iran.  I feel sure Maliki made sure those investigations were never followed up on which in my book makes him complicit.

After they remove the old currency completely that issue should become a normal situation and State Sponsored counterfeiting should largely cease to exist.  The IMF are not fools.

They know the CBI is already taking the preventative measures to get this done.  They also understand this is a battle the CBI has had to fight on its own getting no support from the Maliki government.

By and large it is what had created the split between the rates in the first place with all the pressure buying and selling on the streets by Iran operatives.  Remember Iran was under heavy sanctions, their currency had all but collapsed and they were cash starved for hard currency.

When it comes to the split, I believe the IMF will be supportive of this and today I believe the CBI will do this even if the rate is a little over 2% with the IMF's blessing.

The new smalls when released should put an end to counterfeiting on the level that the CBI has had to endure..  I have said all along I don't think this is a stopper for an RV and also the laws that Kap feels must be done before there can be a movement in the currency, I also disagree with him.

While these laws are important to Iraq for economic growth, I believe they are not absolutely as necessary as he thinks they are to see a change in value.

We need only to look at the history of this event to date.  When Shabibi tried unsuccessfully to delete the zeros at least 3 times, these laws were not on the books.

Shabibi did not let that stop his attempts to delete the zeros. Turki with virtually no history of running a central bank has done a marvelous job IMO. How come?

It is my belief that Turki and Shabibi have stayed in close touch since Turki came to realize what a crook Maliki was and turned against him.  IMO Shabibi has been a silent advisor of Turki's.

After all Shabibi's legacy is in part on trial here.  I believe he has a vested interest in seeing this project (his baby) come to fruition.

So as far as the 2% requirement is concerned, I believe the IMF will allow the CBI to declare Article VIII, change the value of their currency and then they will keep very close tabs on this event, and help the CBI in any way they can to maintain that 2%.

The IMF will be tolerant if the CBI is ready to go. The IMF has stated on many occasions in the past that they are ready to help in any way in Iraq's project to delete the zeros.  I don't think that philosophy has changed.  Remember as you read this, it is speculation on my part.

BLUWOLF UPDATE, 10 MAY

Today is the 10th and I am amazed how my postings have not been placed in certain places, well then let me think to the why, well it's the truth, it is not a invention story of mine, what has been expressed is transpiring, and all holdings and stalling are based on some folks greed to feast on your monies for some are like a hamster exercising on a wheel going nowhere kind of fast.

 Yes that is why my postings aren't reaching all posting sites. But that's ok my messages reach a lot of far places for God makes sure that His people receives the well intended message.  

Update we are up to bat, that is all. Silence is golden one would think that I have been saying this for more than 5 years, " if all goes silent, there will be no sales, no more reserves, no more greedy folks making money of you and a imminent and swift change that will force this rv." I honestly hope that those who think they know all will finally shut up so that you may see your blessings. Na'maste Bluwolf

I4U CHAT WITH ZANEANDRES: " HEARD SOME PPs STARTED SCHEDULING TODAY FOR FIRST OF THE WEEK", 10 MAY

I4U:

[zaneandres] Heard some PPs started scheduling today for first of the week

 [chucker7] zaneandres yes, I heard that also

[dinardiamonds] zaneandres hope so

[sagefemme] zaneandres where did you hear that and has it been confirmed

[zaneandres] A couple facilitators.

 [zaneandres] Nothing is confirmed until the money is in the bank

TERRYK UPDATE, 10 MAY

[TERRYK] OK AS MOST OF YOU KNOW THAT I HAVE BEEN ASKED TO BE QUIET BUT I WANTED TO SHARE SOME NEWS I GOT YESTERDAY… I WAS ADVISED THAT THE CMKX IS ALL READY TO MOVE WITH IN A WEEK …I WAS ALSO TOLD THAT WE ARE TO SEE THIS PRIOR TO THE 15TH
[TERRYK] OK SO IM THINKING THAT THIS MAYBE THE WEEK OF THE BLESSING…WHAT I WAS TOLD WAS THEY WANT THIS IN PLACE BEFORE THEY SEAT THE NEW MEMBERS OF THE GOV
[TERRYK] NOW I HEARD LAST WEEK THAT THE DINAR WILL GO BY ITS SELF…THE DONG A WEEK LATER… WHICH WOULD BE SWEET RIGHT
[Biddy 10] No, I am tacky, want them together but will take whatever we can get, just get ur done.
[TERRYK] LOL
[noah] TERRYK thanks for the update
[TERRYK] BE BACK IN A BIT

MILLIONDAY, MARKZ & AMERICAN CONTRACTOR TIDBITS, 10 MAY

5-10-14 Millionday: ...we are waiting on the rates to be set and released for trade --- they have stated that they are in the middle of it so I would think now that the international citizens should be receiving their cards and form of payment and also am looking for the finishing of regulations coming out to the public eye on all issues -- I see nothing that is holding things up so -- the steps we were told about process is what I would say is going on -- so watching for announcements on each of those steps as they occur.
5-10-14 MarkZ: (...are we about to see the RV?) IMO, heck yes we are about to see it. I refuse to give you a timeline but I expect it this month...   (Tony (Intel Guru TNT Tony) said this will be the best weekend- of our journey!)  He will very likely be right. 


5-10-14 American Contractor: The Iraq federal budget for 2014 will continue to be delayed as they wait for the next government to be seated. It is possible that the next seated government will have to work on both the 2014 and 2015 budgets. The next government will have to work harder than they ever have to accomplish this task. Projects in Iraq are suspended or stopped altogether because of the Iraqi Parliament Speaker and the Parliament members failing to pass a federal budget. More delays, not a shocker. 

5-10-14 Millionday:
 
(On Monday was there not a report that the IMF came out and told the cbi to set a rate?) Yes they ordered it to be set by the report we had -- the exchange rate to the USD... in ink.