11-22-2014 Intel Guru Mnt Goat Can the USA continue to hold it up? I believe that they can as long as they can convince the UN they have reasonable cause to do so. There is however, a backdoor plan that is being considered to circumvent the USA for any further “unreasonable” delays. They have been warned. They know there will be severe penalties should the UN have to take this action. Everything is on our favor to see this RV very, very soon. I believe we are in a rare opportunity and window like never before. In the coming days we should expect the RV. [post 3 of 3]
11-22-2014 Intel Guru Mnt Goat Today Iraq has once again told us what their priorities are. Parliament returns four important laws to the Council of Ministers for approval. Besides the first priority of the general budget law for 2015, these four laws are as follows: 1.Oil and Gas (HCL) 2.Federal Court – (law of Accountability and Justice) 3.Parties (define and limit parties in Iraq for next election process in 2018) 4.General Amnesty Law. ...these are all critical to Iraq and each one is expected to be completed and FULLY implemented by the end of 2014, if not sooner. So now we once again peel our ears for news and watch the news media for articles on the implementation of laws in these four areas. This will give us hints as to just how close we really are in this RV process. I have to say it is a matter of days if not hours. [post 2 of 3....stay tuned]
11-22-2014 Intel Guru Mnt Goat I believe Iraqi is literally on the verge of bringing back their currency online to a global status. When we say “revaluation” what it really means is to say that for the country of Iraq to once again have a globally recognized currency (hopefully at a higher rate). I...believe we are in a sweet spot right now to literally see this RV in the coming days ahead. This is by far the best place I have ever seen this investment in the 10 years I have been following it. Last week we once again we heard about the finance committee of parliament telling the CBI to move forward with the project or come to the parliament and justify the holdup. I believe there is no holdup since my CBI contact has told me they are now moving forward with full implementation of this project once again. [post 1 of 3....stay tuned]
11-22-2014 Newshound Guru My Ladies THE SUMMIT ENDS TOMORROW THE 22ND WITH A SPECIAL CLOSING ADDRESS FROM JOE BIDEN WHO HAPPENED TO BE IN TURKEY FOR MEETINGS WITH THE TURKISH PRIME MINISTER TONIGHT FRIDAY. I THINK WE SHOULD BE SEEING THE FINAL WRAP UP OF THIS OIL AND GAS LAW SOONER THAN LATER. AT THIS POINT THERE IS NO WHERE ELSE TO GO, IRAQ NEEDS AN INTERNATIONAL REALITY RATE AND THEY OF SORT OF NEED IT NOW IF YOU REALLY READ AND LOOK INTO WHO IS INVOLVED AND WHAT’S GETTING DONE. CONNECT ALL THE DOTS FOLKS AND IT WILL LEAD YOU INTERNATIONAL. [post 2 of 2]
11-22-2014 Newshound Guru My Ladies ...THE ATLANTIC COUNCIL ENERGY AND ECONOMIC SUMMIT...WAS HELD IN ISTANBUL THESE LAST FEW DAYS. FOR THE FIRST TIME EVER THE OIL MINISTER OF BAGHDAD AND THE OIL MINISTER OF KURDISTAN SAT DOWN TOGETHER AT THE ...SUMMIT TOGETHER IN INSTNBUL TURKEY ON THURDAY AND WERE ABLE TO GET ALONG AND PLAY NICE. NOW WHY WOULD THEY BOTH THERE. NEVER BEFORE HAVE THEY BEEN INVITED TO ATTEND. [post 1 of 2....stay tuned]
11-22-2014 Intel Guru TNT Tony This is their hurry-up-do-it-now plan, to bring us through and then cut it off until the new year. I don’t know their justification for that. I hope everyone understands the process. It could be a great weekend and a great Monday and hopefully by Tuesday we’ll all be lined up at a bank somewhere. I want everyone to understand what we have been hearing, that after we exchange it may be stopped for the holidays and restart at the beginning of January. [post 3 of 3]
11-22-2014 Intel Guru TNT Tony The plan includes a designated time for this get started between now and Monday (including Monday, because that is the final window option). No matter when it starts, they want to run everyone through by Thanksgiving, which is Thursday! I’ve told you that the international rate might go up, but in this scenario, that might not happen.They actually don’t want to put it on Forex until January (by preference), so they may be taking that option away from you. The biggest thing we are hearing in Iraq is that by 1st December those three zeros will be dropped off their currency. [post 2 of 3....stay tuned]
11-22-2014 Intel Guru TNT Tony [via Adept1] There are public statements about this being done by Thanksgiving. Our guys said between the 20th and the 25th, because that is when they get paid in Iraq, and they want to have the true rate when they load the cards. If this goes between now and Monday, we’re going to go in ...and they will push it as much as possible before Thanksgiving. From December 1, the currency exchange will be cut off until January 1...they will cut off exchanges during December. We don’t know because it’s the holidays, banking fraud or what, but that is what we hear the plan is, so far. This is what’s being circulated... [post 1 of 3....stay tuned]
11-22-2014 Intel Guru DC We understand the UST is ready, the banks have been briefed, the command centers are ready, and everyone is ready to go on. Timelines and windows for non-Iraqi citizens (i.e., US citizens, etc.) are these: they still plan to have Dinarland, the people who are really paying attention, to be done by Thanksgiving. That is fast but reassuring. The general public will then start after Thanksgiving. [post 3 of 3]
11-22-2014 Intel Guru DC [ Who is going to pull the trigger and how an options do they have?] With all the checks that have been run at the finance ministry, security, IMF+BIS, CBI and all the rest, they agreed several days ago that it is up to Iraq, and ...they are set up to go. The CBI will do it, it will propagate through ISX and to the other banks. Then they will adjust the CBI.IQ site in Iraq and Houston. After that, Abadi and others will announce it after the fact. There are four feasible windows. [The first window was this morning (Friday), and it didn’t go.] When everyone was ready yesterday [Thursday] afternoon, the US said, “We fully support it, but you’d better not do Option A”. Otherwise, they are playing ball nicely. There was productive lobbying for options B, C and DC, by US and European politicians. There are two windows this weekend and one early next week...those timelines are already agreed to...They are staying firm and that is a wonderful thing. [post 2 of 3....stay tuned]
11-22-2014 Intel Guru DC [via Adept1] Iraq is extremely prepared, have run through all their checklists. They are absolutely prepared and notified everyone, and everyone agrees including the USA. In Parliament, the Budgets have been done and they will announce the adjustments to Erbil, HCL and the Kurds. The amnesty law has been completed and is now ready [They are announcing the amnesty law today (Friday), right?] Yes. It’s not vital for the RV, but it does help keep people calm. On Iraqi television and in the mosques, they are announcing this will happen any time...They have been doing things in the news of how ready they are for this.
Turkey was pivotal in setting up the oil and gas deal.
Touchdown imminent!
KayKay: Multiple Parallel announcements