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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, January 10, 2015

MILLIONDAY CHAT UPDATE, 10 JAN

Millionday: NOTE -- I WANT ALL OF YOU TO UNDERSTAND AND REALLY THINK ABOUT THIS REPORT AND WHAT THEY ARE SAYING -- VERY IMPORTANT
Millionday: Commerce Minister discuss with the British Ambassador to establish an economic conference in London to support Iraq

Commerce Minister Mohammad Abdul Karim in his office at the ministry in Baghdad with the British ambassador to Iraq, Frank Baker set up an economic conference in London to support Iraq
Millionday: NOTE -- AN ECONOMIC CONFERENCE INTERNATIONALLY IS NOTHING BUT GOOD NEWS -- OBVIOUSLY IT IS ABOUT THE TRADE OF THE COUNTRY -- COMMERCE
Millionday: According to a statement of the Ministry and Euphrates News Agency {} received a copy of it, that "the two sides discussed and exchanged views on the development and expansion of economic and trade relations between the two countries, in addition to present and discuss issues concerning the work of the ministry departments and companies."

Millionday: The Minister of Commerce, according to the statement that "the priority of the work of the ministry is to provide a ration card items," adding that "the Iraqi government is keen to support and attract discreet international companies and producing materials ration card, especially wheat and rice to enter the import tenders conducted by".
Millionday: NOTE -- THE BEGINNING OF RATIONS THROUGH IMPORTS ACCOUNTED FOR WITH COMMERCE AND IN THE GDP IS DIFFERENT THAN WHAT HAS BEEN GOING ON -- FOR YEARS -- SMILE
Millionday: He said, "The ministry is now working towards the import of high-quality varieties of ration materials, even if at the expense of price, in addition to its work with the support of the local product purchased wheat and rice from farmers, which is characterized by high quality in the specifications."

Millionday: In response to all the other in the work of the ministry priorities minister noted Mlas that "the ministry departments and companies profitable and non-profitable and for the advancement of those companies, especially supermarkets need to British experience in this direction, where we walk towards the study of many solutions which give a chance Central Markets import material from a solid and well-known companies that these materials be supported and are exempt from taxes and all materials and goods needed by the citizens, which in turn marketed to merchants to sell in the local market and this process should be in order to maintain the prices of materials in the local market and support the poor. "
Millionday: NOTE -- AS I WAS SAYING -- THE RATIONS WILL NOT BE TAXED -- HOWEVER MERCHANTS ALSO WILL BE USING THIS FOR MARKETS AND THAT WILL BE DONE AS TRADE AGREEMENTS IN THE NORM
Millionday: He noted that "the central markets also need to rehabilitate and activate its role to get through exclusive commercial agencies, which can a lot of manpower to run.
The Minister of Commerce, "The Ministry is responsible for the organization of exhibitions in Baghdad and the provinces and the arrival of British companies; for the establishment of specialized exhibitions to display and sell products will give the Iraqi people the opportunity to define the quality of British products."

Millionday: NOTE -- THAT IS HOW IT IS ALL DONE THROUGH COMMERCE SO THIS IS GOING TO A MARKET ECONOMY -- SUPPLY AND DEMAND
Millionday: For his part, "said British Ambassador Frank Baker's quest to put ideas and proposals for business and the owners of the giant companies to enter the Iraqi market, they have a lot of potential for the processing of various goods Iraq." 

He said Ambassador Baker According to the statement, "that will work with the government to arrange for the establishment of a conference in London to support Iraq, and developed along the lines of the conference, which was held for the State of Kuwait."
Millionday: NOTE -- SO AS WE SEE KUWAIT -- HELD FOR THE STATE OF KUWAIT
Millionday: For his part, "Minister of Commerce welcomed the idea to put it on the Council of Ministers to create kits make it work, being a good sign for the development of relations between the two countries." 

The statement pointed out that "trade between Iraq and Britain during the first half of 2014 amounted to more than $ 327 million."
Millionday: SO AS WE SEE THIS WAS WRITTEN IN US DOLLARS AND THEY WILL BE OF COURSE USING DINAR AS THEIR INTERNATIONAL CURRENCY AND THINGS WILL CHANGE WITH ECONOMIC RECOGNITION

Millionday: AS WE CAN SEE THIS IS BECAUSE OF ADVANCEMENTS FOR IRAQ
Papatom: WOW ! this is an exciting report to start with. how ya gonna top this?
Millionday: IM NOT SURE MY FRIEND
Millionday: LOL
Papatom: does everyone realize this is such a big announcement?
Papatom: its not like some small minor country wants to trade with Iraq.... this represents the UK !!!
Millionday: HUGE NEWS -- THERE WOULD BE NO USE OF THE MEETING WITHOUT COMMERCE BEING THE MIDDLE OF THE MEANING
Millionday: COMMERCE IS TRADE

Millionday: THIS IS TALKING ABOUT TRADE OUTSIDE OF IRAQ WITH IRAQ
Millionday: SMILE
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Millionday: Heading Prime Minister Haider al-Abadi today to Egypt at the head of a government delegation on an official visit at the invitation of the Egyptian side in the top Doctor security and economic talks between the two sides and ways of strengthening. 

The spokesman said the prime minister Saad al-Sabri said, "an official delegation headed by Prime Minister Haider Abadi, head to Egypt today at the official invitation from the Egyptian side moved Egyptian Foreign Minister during his recent visit to Iraq."
Millionday: NOTE -- EGYPT WAS DOING MASSIVE BUSINESS WITH IRAQ WHEN EVERYTHING HAPPENED THOSE MANY YEARS AGO

Millionday: NOTE -- NOTICE -- ECONOMIC SECURITY

Millionday: "The visit is to consolidate and strengthen the bilateral relations between the two countries in various aspects and fields in the forefront of the two files and economic security. He noted that it "on the part of the security file, the two countries are facing common challenges represented by terrorism and extremism which threatens the security and stability of the two countries and this requires them to intensify cooperation and find common mechanisms of action and coordination in the security and intelligence field and exchanging security expertise and military cooperation and ways to dry up the sources of terrorism."
Millionday: NOTE -- THIS IS HUGE TO RETURN THEIR RELATIONS -- VERY IMPORTANT

Millionday: NOTE -- REMEMBER THE IMPORTANCE MANY YEARS AGO OF THE DEBT BEING CARED FOR -- THERE IS A REASON
Millionday: The Egyptian Foreign Minister Sameh Shoukry had visited Iraq in December 17, 2014 and handed over a formal invitation from the Prime Minister of Egypt Ibrahim Mahlab to Prime Minister Haider al-Abadi to visit Cairo last.
Millionday: OBVIOUSLY THE REASON SO MUCH WAS FORGIVEN WAS FOR THE SAME REASON YOU WOULD -- THE OPPORTUNITY TO MAKE MUCH MORE AND DO BUSINESS WHEN THE COUNTRY RETURNS -- SO VERY NICE -- GREAT NEWS
Papatom: According to the World Bank, in 1965, Egypt’s per-capita gross domestic product was $406, while China’s was merely $110.
Today (using constant dollars), Egypt’s G.D.P. has increased four-fold to $1,566
Papatom: this represents HUGE trade.... the first two reports alone are MASSIVE!!!! thanks MD

Millionday: GREAT POINT MY FRIEND AND COMMERCE IN NO JOKE -- THEY ALL WANT A PIECE OF THE PIE -- AND THERE ARE NO EXCEPTIONS

Millionday: AS WE SEE THEY ARE MOVING TOWARD TIME TO GO TO A MARKET ECONOMY
Papatom: !!!! for sure!!!!

johnsoos: do you think until malki is dealt they will wait to put these thing motion
johnsoos: rv

Millionday: ABSOLUTELY OF NO IMPORTANCE IS WHAT I THNK -- NO ONE CAN HOLD UP AN ENTIRE COUNTRY`S ECONOMIC WELL BEING AND THAT CERTAINLY INCLUDES THE LIKES OF MALIKI -- HE MAY BE ABLE TO PLEAD HIS CASE AT HIS OWN COURT CASE BUT WHAT HE IS AFTER IS NOT THE GOOD OF THE PEOPLE -- IRAQ - OR THE GLOBE AND MOST CALL HIM A MISTAKE -- HIS POWER IN MY OPINION IS ALL IN HIS MOUTH

Millionday: IM SORRY IS THAT MY OPINION OR MY MEDICINE
Millionday: LOL

Millionday: I MEANT TO SAY -- NO SWEETY I DONT
------------------------------

Millionday: I HAVE SAID THIS BUT GLAD TO SEE WITH PRINT

Millionday: The head of the Islamic Supreme Council of Iraq Ammar al-Hakim said, "Saudi Arabia's move to reopen the Saudi embassy in Iraq proves that democracy has become entrenched in Iraq and stable government."

Hakim said in a press statement in response to a question about his assessment of the reopening of the Saudi embassy in Iraq, "said the openness of the Arab countries on Iraq and dealing with the Iraqi government proves democratization and stability of the government and there are countries trying to deal with the Iraqi government."
Millionday: NOTE -- SO THERE IT IS IN PRINT -- COUNTRIES ARE READY TO DEAL WITH IRAQ -- WHOLE COUNTRIES -- NOT JUST ONE AND NOT JUST TWO -- THEY HAD STATED MONTHS AGO THAT THE GLOBE IS RELYING ON IRAQ AND THE RETURN OF MARKET

Millionday: ALSO REMEMEBER THE STATEMENT BY SHABIBI
Millionday: POLITICAL STABILITY
Papatom: that Iraq will be a supplier, not a taker?
Millionday: THAT IRAQ WAS THE ONLY COUNTRY NOT EFFECTED BY THE GLOBAL ECONOMIC CONDITION AND THE REST OF THE REPORT I AM TALKING ABOUT WAS IN THAT REPORT MAY BE LONGER THAN MONTHS

Millionday: I HAVE MADE A MISTAKE -- I HAVE MORE ON THAT REPORT I MISSED
Millionday: HERE WE GO

Millionday: He said on the sidelines of his visit to Iran, "We welcome the good relations existing between Iraq and neighboring countries and emphasize the strategic relations between Iraq and Iran."

It is said that a delegation headed by Saudi technically Abdul Rahman Monthly vice president of the information department at the Saudi Foreign Ministry is visiting Iraq arrangements necessary for the reopening of the Saudi embassy in Baghdad and procedures after closed in 1990, as well as open a consulate general in Erbil. "

Millionday: NOTE -- WE WONDER WHAT HAPPENS WITH THEIR ENTRY ?

Millionday: Saudi Foreign Minister Saud al-Faisal had told his Iraqi counterpart Ibrahim al-Jaafari during their meeting in Jeddah Conference, which was held on 11 September, the opening of the Saudi embassy in Baghdad soon to be "in a sign of the return of the two countries after the formation of the new Iraqi government.

The witness the opening of the Saudi embassy attend Foreign Minister Saud al-Faisal to Baghdad.
cindy3: Are they saying they have already witnessed the opening of the embassy?
Millionday: AFTER 25 YEARS THEY ARE REOPENING THEIR EMBASSY --

jeffusa ROBINREDHED: embassy will be built outside the green zone... awesome
Millionday: MOSUL AND ERBIL
Millionday: THAT SOUNDS WRONG

Millionday: OUTSIDE THE GREEM ZONE RIGHT

firefly_ Millionday: Mosul????? Oh my gosh, it is still over run with ISIS. Isn't it? lolol


Millionday: I AM SURE IT IS ERBIL AND MOSUL BUT WILL RECHECK WHEN I CAN BREATH
Millionday: THE ROAD TO MOSUL WAS TAKEN BACK OVER AND BLOCKED BY KURD TROOPS -

jeffusa Millionday: Mosul has 40, 000 ISIS so not anytime soon
Millionday: IF THEY HAVE REGAINED THAT IS NOT WHAT I AM SEEING
Millionday: THE BUDGET IS NOT DONE AND THE LAST DAY IT CAN BE IS MONDAY

Millionday: I CANT SIT UP ANYMORE SO I HOPE YOU ALL HAVE A GREAT NIGHT

Millionday: YW ALL THE TIME -- I AM GOING TO BE MUCH BETTER TOMORROW

TMAN23 & ENORRSTE TIDBITS, 10 JAN

1-10-15 tman23: The "renovations" are not at the ISX but rather "bank payment systems"...So those who invest in the ISX will be transferring money, exchanges etc...and how this is done or calculated is the "change"...it is the signal for "international" about to take place. 

1-10-15 Enorrste: We recently read an article that stated that the Parliament had found $200 billion in Iraqi funds that had been stolen and were now located in banks around the Mideast?  That is the money that Maliki stole.  As long as Keywords is in control of the CBI it is not likely that they will act to recover the funds, irrespective of Parliament.

However, if Shabibi were to get back in as head of the CBI, then not only will the funds return to Iraq (which will be HUGE), but it will also point the finger directly back to Maliki, who will then be prosecuted.  This, then, is the real reason that Maliki is trying to get Shabibi back into hot water:  he can't afford to have him come back to the CBI for the reason just stated. 

S3A & I4U CHATS UPDATE, 10 JAN

Stage3Alpha:

R.V. / GCR January 10, 2015 at 6:17pm

Just for skits and giggles, the time line will be moved by the super computer to include the smoke and its mirrored ball full of mis- information, disinformation...

The treaty still needs to get signed. Some said the F & P payouts first , then project funding …wow,some of this has begun...hahaha sucks to be last don`t it.

 Then Mike Cottrell, but the rumor is the Timber Trust will be snatched by the treasury to back the new dollar …. Then we hear about the global settlements on the 15th and the payouts on historical bonds on the 19th and...and...and....

New scenario…. treaty signed tomorrow at 5:55 Allows asset currency first trades set before and until 15th …..the bonds still finalize on 19th…. public... the not internet folks on 20th......Timber....
....
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Austin-Powers-For-PM > R.V. / GCR P.T.  let me see if I can interpret what you are saying here.  There will be final signatures on a treaty tomorrow that allows asset-backed currencies (i.e. Dinar) to hit the market on Monday the 12th.

This might be the RI we've heard about.  Then on the 15th the Historical Bonds pay out and are available for currency backing starting on the 19th.  The public then starts exchanging from the 20th onwards.

However groups can start immediately, and internet folks can go in now to accept the RI rate prior to a full-scale RV on the 19th.   Am I getting that right?

*********

OilRat January 10, 2015 at 4:57pm

Common sense is the best analogy to figure out what the outcome will most likely be......JMO

1-10-2015 sczin11 REMEMBER, OIL WAS $32/BARREL WHEN THE RATE WAS $3.22!

 ALSO I ASK, WHAT IF THE BUDGET WAS APPROVED AT A MUCH HIGHER RATE, AND MID YEAR OIL FELL DRASTICALLY? WOULD THE COUNTRY SHUT DOWN AND IMPLODE? UNDERSTAND MY OPINION HERE?

[THE ONE THING THATS NOT TAKING INTO CONSIDERATION IS WHEN IT WAS 3.22 AND OIL WAS 32.00 A BARREL THEY WERE NOT TRYING TO REBUILD THE COUNTRY FROM WAR.]

CORRECT, AND THEY ALSO WEREN'T PUMPING WHAT THEY ARE TODAY, AND DIDNT HAVE THE WORLD SUPPORT THEY HAVE TODAY, AND HADN'T FOUND GAS THEY HAVE TODAY, AND DIDN'T HAVE GOLD LIKE THEY HAVE TODAY, FOR STARTERS.

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I4U:

[ready4riches] ..SweetQueen did you read #13 of Michael Cottrells expose regarding no release of funds for revaluation except for funding of republic

(See Michael Cottrels Letter Below)

[..SweetQueen] ready4riches YES I READ IT AND KNEW ABOUT IT AS WELL.

[ready4riches] ..SweetQueen i am trying to understand if this means we will not see reval until the republic is reinstated

[ready4riches] ..SweetQueen so does it mean what it appears to mean regarding rv

[..SweetQueen] MICHAEL COTRELL WILL BE THE PERSON BEHIND WITH THE FUNDING OF THE DOLLAR PROJECT, SOOOO UNTIL HE GETS PAID WE WILL NOT SEE OUR BLESSING IS THE WAY I AM BEING TOLD.

[..SweetQueen] ready4riches THIS IS THE REASON THE PRESSURE IS ON FOR MICHAEL COTRELL TO GET PAID. ONCE THIS HAPPENS WE WILL ALL HAVE OUR BLESSING.

[ready4riches] ..SweetQueen well considering the way the bankers are going with theft i am sure that it is better to wait till these things are resolved ty

[ready4riches] i am disappointed though and hope we don't have to wait much longer. i know it has to be done right or we lose our money after rv imo

[..SweetQueen] ready4riches EXACTLY WHAT MANY BEHIND THE SCENES ARE PUSHING FOR... IT WILL DO NO GOOD TO ANYONE TO EXCHANGE AND HAVE YOUR MONEY STOLEN BY THE BANKERS.

[trevorlogan] I'm not doubting you at all SweetQueen, but that in which you are saying is extremly hard for me to beleive.

 [..SweetQueen] trevorlogan OUR COUNTRY IS BANKRUPT AND MICHAEL COTRELL WILL FUND THE UST FOR THE DOLLAR FUNDING PROJECT.

[ready4riches] ..SweetQueen exactly. there a bunch of toothless crackheads running this country rofl

[trevorlogan] How far can $55billion go?????

 [..SweetQueen] trevorlogan HE IS OWED TRILLIONS.

 [ready4riches] maybe this thing with Michael Cottrell is part of the reason so many bankers suicidal or being arrested ya think?

 [trevorlogan] Then why is this not mainstream thinking, again this is back channel thinking. Not to say it isn't true, but then everyone one and I mean everyone that is on all chat sites all the articles out of Iraq are wrong???

[..SweetQueen] trevorlogan DO YOU REALLY THINK OUR MEDIA IS NOT CENSORED?  THIS IS MUCH BIGGER THAN IRAQ.... AND THEY ARE USING THE IQD AS THE CATALYST FOR THE GCR.

 [trevorlogan] SweetQueen it's all censored and Gov't are paid employees of the bad guys, the Banks are broke I get all that.

[..SweetQueen] HAD THIS BEEN ABOUT THE IQD WE WOULD HAVE EXCHANGED LONG AGO.

[..SweetQueen] THE DAY WILL COME WHEN ALL TRUTH IS REVEALED, YOU WILL BE ABLE TO SEE IT WITH PROOF IN THE MEDIA.

[ready4riches] just one more thing i feel this country and media is run and controlled by a mafia type agenda. there i said it but just my opinion

[..SweetQueen] ready4riches THAT'S CORRECT WE ARE CONTROLLED BY THE PTB'S.

 [ready4riches] ..SweetQueen when this is exposed will be more exciting i think even than the rv

[..SweetQueen] ready4riches ALL I CAN SAY IS THAT THE TRUTH SHALL BE REVEALED, STAY IN CONSTANT PRAYER FOR THOSE BEHIND THE SCENES WHOM ARE MAKING A PUSH TO GET US BACK ON THE RIGHT PATH.

[jtwest] ..SweetQueen in your opinion ---- do you think we are as close to rv as some say , or are we looking at a later time ??

 [..SweetQueen] jtwest IT APPEARS THAT THE INFORMATION BEING EXPOSED IS HELPING US CROSS THE FINISH LINE.

DINAR IRAQ & DONG VIETNAM UPDATE, 10 JAN

DINAR IRAQ & DONG VIETNAM :Moving to a floating currency, will comes out as a world-recognized currency. However, over time (and this is the most important fact…) investment will come into Iraq that will improve the lives of the people.

As the investment improves the lives of the people the value of the dinar will rise… Add to that international speculation in the dinar and it will rise even higher. At that point, imports into Iraq will become cheaper, not more expensive. This means that the influx of imports will improve the lives of the people of Iraq…!

There is no way, and I emphasize, NO WAY, that moving to a float will destroy the dinar. Just the opposite will occur: the dinar will rise in value.

With respect to opening at 1 to 1, it is also possible to RV at $1.00 per dinar.

Similarly, if they Lopped…then there is no benefit whatsoever to the Iraqi economy and …would make no sense at all. A LOP would do nothing good for the value of the dinar. It is “revenue neutral” and the CBI is and has been on record for years that the goal is to “restore the value” of the dinar to what it was in the late 1970s. The LOP will not accomplish that, and it is not in the cards…it just isn’t happening.
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I have avidly followed the dinar since Aug 2010. One thing I have seen the CBI do over and over is try to get the government on board to monetary change.

Each and every time I thought I saw support being garnered by the CBI from the Economic and Finance Ministry, Maliki would step in with his minions on his payroll saying no because of some excuse like counterfeiting.

Shabibi was insistent though and continued to try to push for this change and with each push we saw Maliki turn up the heat.

It was toward the end of Shabibi’s running the CBI in late 2011 that we saw that heat to stop this turn toward accusations as Maliki had already made the decision to remove Shabibi.

Ultimately Maliki’s goal was reached as we know. But the facts to me show that Shabibi was ready as far back as 2010 and with each passing year he set up deadlines that he had hoped to hit on currency change. This was all before the laws that some feel now are so important or before any budgets.

In fact the CBI stated not too long ago they will do this when they think the time is right, with or without the budget being done. Monetary change is in itself a goal stated by the CBI it in itself must be independent of everything else.

The job of the CBI is to protect the currency and that’s what Shabibi was doing in his last years by trying to institute this program. The most important thing that bleeds through all the years is government support.

Shabibi showed his frustrations after Sept 2012 when he stated he would just let the currency start at 1166 and let the market decide. This was the last defiant straw for Maliki and that’s when he trumped of the graft, theft and bribe charges and had his puppet court issue those arrest warrants.

Had he had the support of the government and its institutions it is my belief this would all have been over years ago but one can only speculate why Maliki has adamantly fought this all the way.
We all know Maliki was an Iranian in Iraqi clothing. My personal belief is that early on he allowed the counterfeiting to go on in order to help Iran.

Remember Iran was under those draconian sanctions and strapped for hard cash. By allowing and protecting Iran’s counterfeiting he allowed Iran to survive. Iran could just counterfeit the dinar and sell boatloads of them for USD in Iraq.

No Iranian connection was ever made even though the US as far back as 2009 had told the Maliki government who, what and where this counterfeiting was being done. I am absolutely sure Maliki obstructed any and all investigations that would have lead back to Iran as Maliki controlled the investigators.

My point is this. Government support was needed then and today we finally see that in place. That’s why I think we are so close you might be able to touch it. This weekend will see if I’m right or wrong. I think they are as they themselves have stated “ready”. Let’s keep our fingers and toes crossed.

**********
The strategic study in 2008 suggested they could support 1.13 to 1. That was then. My argument has always been that in 2008 the reserves were low (30ish billion) and there economy was much smaller due to the fact that oil production was around 1.5ish million bpd. 

Today I would argue that the reserves are over 100 billion (BIS, Foriegn currency and gold) even though the CBI states they are 70 billion. There has been a few articles that slipped out that stated 100 billion and there was 82 billion released to the CBI that I believe the CBI deposited with BIS during 2014.

So how much do they have in reserves, at least in the short term we may never know the truth…My point is this, what was good for 2008 as far as the rate they could support, is at least 3x’s better today.

S3A CHAT UPDATE, 10 JAN

Stage3Alpha:

R.V. / GCR January 10, 2015 at 2:06pm SORRY, JUST IN, DON`T SHOOT THE MESSENGER REVALUATION OF GLOBAL CURRENCIES pushed out one more window...still predicted for january. Just don`t be too dissappointed to wait one more week have a great day go outside

OMEGA MAN > R.V. / GCR    Try 1 15. 15. Or the week thereof…Just an IMO. we are very very very close
Are we awaiting UST announcement or not.. if so, then nothing can transpire till then

robert > R.V. / GCR    21st jan from top source take it as it is

OMEGA MAN > A little bird whispered a date …This cat will see it when he believes it

Austin-Powers-For-PM > OMEGA MAN Can we safely assume that date is on the 15th or after?
....
OMEGA MAN > Austin-Powers-For-PM   Y

R.V. / GCR  When looking for something under a rock and you find nothing …keep looking that is progress, the Global settlements are due to pay out next Thursday

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Guesses to NEW Picture Clues/Intel:


Lonewolf January 10, 2015 at 3:07pm Clues:The checkered flag has been given to "Mergers and Acquisitions," ie industries, Iraq reached a value for the price of oil.. now has a rate..

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MarPaue January 10, 2015 Enorrste   ...moving to a floating currency, in the short run, will not change a thing.  It comes out at 1166 to 1 and is now a world-recognized currency.

Within Iraq there will be no change at all, initially.  However, over time (and this is the most important fact...) investment will come into Iraq that will improve the lives of the people.

 As the investment improves the lives of the people the value of the dinar will rise...  Add to that international speculation in the dinar and it will rise even higher. 

At that point, imports into Iraq will become cheaper, not more expensive.  This means that the influx of imports will improve the lives of the people of Iraq...!

 There is no way, and I emphasize, NO WAY, that moving to a float will destroy the dinar.  Just the opposite will occur:  the dinar will rise in value.  

With respect to opening at 1 to 1... Just as it is impossible to RV at $3.50 it is also impossible to RV at $1.00 per dinar.

 It would destroy the economy of Iraq because, overnight, their money supply would be $40 trillion!  That is larger than the entire money supply in the world.  It won't happen.

Similarly, if they LOPped...then there is no benefit whatsoever to the Iraqi economy and ...would make no sense at all.

A LOP would do nothing good for the value of the dinar.  It is "revenue neutral" and the CBI is and has been on record for years that the goal is to "restore the value" of the dinar to what it was in the late 1970s. 

The LOP will not accomplish that, and it is not in the cards...it just isn't happening.

**********

John R. > MarPaue Sorry...he doesn't take into account the fact that the "three zero" notes were being taken in through the Iraqi economy, to accomplish precisely what he is implying will happen over time after a low introductory rate going to a float.

Nice try Enorste. Won't fly! What about what the Iraqi people are being told? What about the fact that it was alright to take their currency in reverse from $3.22 to even less than 1166 to a Dollar? What about the fact that nothing like this has been done before?

**********

Austin-Powers-For-PM > None of us know exactly what will happen when this launches.  Enorrste has an interesting float theory that could maybe make a lot of sense depending on the decisions Iraq and the IMF make.  Right now, for me personally, I'd just like some final actions steps taken and that means making the Dinar an internationally traded currency.

FRANK26 UPDATE, 10 JAN

IMO ......... The biggest frustration and often painful act for me is to be silent among a sea of intel with my KTFA Family ........... When told to do so.

It may not be exact but the closes thing I can relate this to is when I would pray over our children as they laid sick in bed with a cold or some pain. I could easily hear their agony just to breathe.

It HURT me to not be able to instantly remove their anguish. I stood over them healthy and strong but felling somewhat powerless as a dad.

Faith in my Prayers kept me from going crazy. God's Strength became my .......... Slowly. YES ............. How I wish I could empty myself completely at times and say ....... Please don't worry ......... Family.

But time and media HAS to be allowed to catch up or pass our TEAMS........ Then we share.

BUT !!!!!!!!!!!!!!!!!!!!!!!!

Many times I post to my TEAMS ......... Highlight privately ......... Or say : FOR ME ONLY FAMILY. THEN ........ When read by a member they say ....... I'm Confused with Frank26 and his codes.

I hate his secret talk that makes no sense......... I just want/demand a Date/Rate from him! Sadly .......... Away from my face and Forum some call me insulting names to fortify their lack of serious studies on the Dinar.

Yet even more tragic is when they come Directly to our CCs or Forum hiding behind their user name to spew vulgar comments on our sharing of Study Files. Hmmm.......... Jealousy comes in many forms onto our .......... Forum. When my STAFF PROTECTS my wife and I they are called everything from the German Gustavo to Dictators.

Indeed.......... A Big Burden.

But at KTFA we stand back from nothing. Especially junk from punks and L !!!

We Love God that is only GOOD. We TRAIN now to know recognize and deal with evil that promotes such ugliness in Humans. I do NOT care how jealous it gets with KTFA !!!

Many have come and gone in 6 years or have been asked to leave.

Guess what?

KTFA is STILL here ......... Has endured the TEST of TIME !!! Her LEADERSHIP is intact and poised to enter The Mission Work of God according to The Gospel. You ....... We ........... Made it .................... Happen.

I Love You KTFA Family.

I Called it a LAVA FLOW LOL ............ Wait till I show You a real one !!!

Malaki is now like a drowning man that is trying to live by breathing water. Mr o has no more promises to break nor heart concerning our investment !!! !!! !!! THESES TWO and THREE other FACTORS are the origination of my current FRUSTRATION.

All I and TEAMS can do is continue to PLANT SEEDS until .......... FEB 2nd. Where our TEAMS and IOO .......... Dr Shabibi so want to TALK!!!

I leave the last week of this month but that is not of the MR. I am but will be even more Silent during that week. I have LEARNED how to pace myself and TEAMS. We will come back on the 2nd at full throttle.

Abadi and Dr S ................. Now THAT'S LEADERSHIP !!!

Aloha KTFA Ohana ........... Post to each other....... Love each other.

DINAR GURUS UPDATE, 10 JAN

1-10-2015   Newshound Guru Enorrste   With respect to opening at 1 to 1... Just as it is impossible to RV at $3.50 it is also impossible to RV at $1.00 per dinar.  It would destroy the economy of Iraq because, overnight, their money supply would be $40 trillion!  That is larger than the entire money supply in the world.  It won't happen.  Similarly, if they LOPped...then there is no benefit whatsoever to the Iraqi economy and ...would make no sense at all.  A LOP would do nothing good for the value of the dinar.  It is "revenue neutral" and the CBI is and has been on record for years that the goal is to "restore the value" of the dinar to what it was in the late 1970s.  The LOP will not accomplish that, and it is not in the cards...it just isn't happening.  [post 2 of 2]

1-10-2015   Newshound Guru Enorrste
   ...moving to a floating currency, in the short run, will not change a thing.  It comes out at 1166 to 1 and is now a world-recognized currency.  Within Iraq there will be no change at all, initially.  However, over time (and this is the most important fact...) investment will come into Iraq that will improve the lives of the people.  As the investment improves the lives of the people the value of the dinar will rise...  Add to that international speculation in the dinar and it will rise even higher.  At that point, imports into Iraq will become cheaper, not more expensive.  This means that the influx of imports will improve the lives of the people of Iraq...!  There is no way, and I emphasize, NO WAY, that moving to a float will destroy the dinar.  Just the opposite will occur:  the dinar will rise in value.   [post 1 of 2....stay tuned]

1-10-2015   Newshound Guru Aggiedad77
   ...what we are seeing is a worthwhile process by the Parliament, they are being very thorough in their discussion of the budget and its process...they meet again on Monday making final recommendations to the Finance Committee on any final wording changes...then a vote...I suspect the vote will be next week sometime...the main sticking point..of course has been the concern over the price of oil and what its future holds for Iraq.

1-10-2015   Newshound Guru sczin11
  DR. SHABIBI WANTS DOLLAR GONE, CAUSE HE WANTS WTO, AND IRAQI DINAR SOLE CURRENCY...THE VALUE OF THE IRAQI DINAR CAN BE SUPPORTED...UP TO THE ROOF!   IF THEY JUST LET IT OUT, AND SUPPLY AND DEMAND TAKES OVER, HOW LONG DO U THINK HEDGE FUND MANAGERS WILL LEAVE IT AT BELOW A PENNY, GIVEN THE WEALTH OF IRAQ?  IN THE STATEMENT FORMER GOVERNOR OF CBI, TURKI, MADE ON MAY 2, 2014, WHERE HE STATED DINAR CAN BE SUPPORTED TO THE ROOF...IN SAME STATEMENT HE SAID HE WAITED ON STABILITY! hmmmm.  DO U THINK THE FACT THAT TURKEY, IRAN , QATAR, KUWAIT, AND NOW YES, SAUDIA ARABIA, SETTING UP EMBASSIES AND OPENING CONSULATES, COULD MEAN STABILITY HAS ARRIVED IN IRAQ? 

1-10-2015   Newshound Guru Tlar
   The strategic study in 2008 suggested they could support 1.13 to 1.  That was then.  My argument has always been that in 2008 the reserves were low (30ish billion) and there economy was much smaller due to the fact that oil production was around 1.5ish million bpd.  Today I would argue that the reserves are over 100 billion (BIS, Foriegn currency and gold) even though the CBI states they are 70 billion.  There has been a few articles that slipped out that stated 100 billion and there was 82 billion released to the CBI that I believe the CBI deposited with BIS during 2014. So how much do they have in reserves, at least in the short term we may never know the truth...My point is this, what was good for 2008 as far as the rate they could support, is at least 3x's better today.

1-10-2015   Intel Guru TNT Tony 
 [via Adept1]   The ISX was supposed to reopen on the 15th, and they pushed it to the 11th.  Only this morning, we heard it might be moved back to the 15th;  that is not confirmed though. Iraq said they wanted 3-5 days before then. They could drag it to the last minute...   A guy in London just completed his exchange...$3.41 in US dollars... The rate is live in London, and it could still be only selected clients, but they started calling people in.  He thinks it’s going to be a great weekend for everybody.   It’s what we expect and hope for, that it might happen this weekend.    [post 2 of 2]

1-10-2015   Intel Guru TNT Tony
  [via Adept1]   Iraq has done everything they are supposed to do, regardless of whatever articles you are reading that are 2-3 days behind what has occurred.  On Monday, the schedule was for this to happen Wednesday noon, no later than Thursday at noon (EST). That is what THEY wanted to do because they did everything required. They were stopped, because someone wanted to review everything, and then someone (in the US) said, “I need you to wait on an announcement.”

EXOGEN DIRECT INTEL UPDATE & RV/GCR TIDBIT, 10 JAN

S3A
  • Additional Saturday Morning Clues....

    PM Abadi is drawing A LINE IN THE SAND demanding Swift Approval of The Budget so That Economic Reform can Commence (although this is DONE....This is Part if the Script)

    1/2 Day Left before we make a turn and head towards our NEW LIVES

    We have HEAVY BLIZZARD CONDITIONS (Again)

    China's WAITING for this ordeal To Be Done!!!

    Can you Feel It COMIN' IN THE AIR TONIGHT......"OH LAWD"

    And We've Been Waiting for This Moment ALL OUR LIVES (seems Like it)......."OH LAWD"

  • WE ALL NEED TO KEEP OUR FOCUS STRONG. TONIGHT IS THE PERFECT TIME FOR OUR S3A LIGHT STORM & LIGHT SHOW.

    DIG OUT A CANDLE TO LIGHT THIS EVE 7PM EST. PRAYER CALL STARTS @ 8PM EST.

    LET'S HUDDLE UP TO GET-R-DONE!!!

    • Some will be looking for their angel with blue eyes and others will want to just look into those eyes, we are all seeking something simular. Every living person each in their own universe. Taking in light, some will find the black Son and others will seek the true Son. What you seek is the becoming non~conformist anymore there is a new phasianidea its YOU. What you make of this becomes your reality. The tax treaty is 11percent be blessed.....wow....when you bank it will change some of yourr lives, it will also ruin a few of your lives...i pray for you. Timber

      • Timber, blessings to you

      • 11% Nice still wont believe it until I get that call

      • Thanks!!!  Hugs and blessing to you and the Princess!  :)

    TBIRD POST FROM TNT: BANK STORY, 10 JAN

    Tbird :  "I have a friend that got an E- mail from the person he got his dinar with and the group this person is with has been notified that WF will be contacting them within 24to72 hours to arrange appointments.

    My friend received his E-mail about Fri. Midnight so start the clock and see what happens

    .He also said they were to get a contract rate don't know how much though.

    I will update if needed.Have a great day all let's enjoy some football today God bless all."

    SCZIN11 & AGGIEDAD77 UPDATE, 10 JAN

    1-10-15 sczin11: DR. SHABIBI WANTS DOLLAR GONE, CAUSE HE WANTS WTO, AND IRAQI DINAR SOLE CURRENCY...THE VALUE OF THE IRAQI DINAR CAN BE SUPPORTED...UP TO THE ROOF! IF THEY JUST LET IT OUT, AND SUPPLY AND DEMAND TAKES OVER, HOW LONG DO U THINK HEDGE FUND MANAGERS WILL LEAVE IT AT BELOW A PENNY, GIVEN THE WEALTH OF IRAQ?
    IN THE STATEMENT FORMER GOVERNOR OF CBI, TURKI, MADE ON MAY 2, 2014, WHERE HE STATED DINAR CAN BE SUPPORTED TO THE ROOF...IN SAME STATEMENT HE SAID HE WAITED ON STABILITY! hmmmm. DO U THINK THE FACT THAT TURKEY, IRAN, QATAR, KUWAIT, AND NOW YES, SAUDIA ARABIA, SETTING UP EMBASSIES AND OPENING CONSULATES, COULD MEAN STABILITY HAS ARRIVED IN IRAQ? 

    1-10-15 Aggiedad77: What we are seeing is a worthwhile process by the Parliament, they are being very thorough in their discussion of the budget and its process...they meet again on Monday making final recommendations to the Finance Committee on any final wording changes...then a vote...I suspect the vote will be next week sometime...the main sticking point of course has been the concern over the price of oil and what its future holds for Iraq.

    TLAR CHAT: DISCUSSION OF "DELETE THE ZEROS", PART.1, 10 JAN

    Following is an ongoing member discussion of “Delete The Zeros”  Part 1

     (Several posts by Tlar)

    Excluded Member of the parliamentary economy, delete the zeros of the Iraqi currency in 2015 the current.   Najiba, Najib said each agency in Iraq today "There is a plan but is not close to term ", noting that" this plan can be applied in two years or more. "

    http://alliraqnews.com/2014-06-14-07-34-14/161789-2015-01-02-11-29-03.html

    DreamWeaver:  All I’m seeking is what is or isn’t relevant to triggering an RV; and my research is finished.  Right now, I'm just watching what they DO. That’s all that’s relevant, IMO, as everything needed for RV to occur is in process of being implemented—at varying stages. You're right.  We've all been drilling away, but soon, hopefully, we'll strike that gusher.

     Only question to you, based on what I’ve read of your posts so far is this: What do you think Shabibi / CBI meant by needing general support from GOI? What did you—or do you now--take that to mean? Laws?

    Thoughts on this would be appreciated.  Always, best regards and blessings to you. So very, very good to have you on the board. ~ DW
    ~~~
    Tlar:   DW's question - Only question to you, based on what I’ve read of your posts so far is this: What do you think Shabibi / CBI meant by needing general support from GOI? What did you—or do you now--take that to mean? Laws? Thoughts on this would be appreciated

    DW, I have avidly followed the dinar since Nov 2008.  One thing I have seen the CBI do over and over is try to get the government on board to monetary change.

    Each and every time I thought I saw support being garnered by the CBI from the Economic and Finance Ministry, Maliki would step in with his minions on his payroll saying no because of some excuse like counterfeiting.

    Shabibi was insistent though and continued to try to push for this change and with each push we saw Maliki turn up the heat.

    It was toward the end of Shabibi's running the CBI in late 2011 that we saw that heat to stop this turn toward accusations as Maliki had already made the decision to remove Shabibi.

    Ultimately Maliki's goal was reached as we know.  But IMO the facts to me show that Shabibi was ready as far back as 2010 and with each passing year he set up deadlines that he had hoped to hit on currency change.  This was all before the laws that some feel now are so important or before any budgets.

    In fact the CBI stated not to long ago they will do this when they think the time is right, with or without the budget being done.   Monetary change is in itself a goal stated by the CBI and IMO it in itself must be independent of everything else.

    The job of the CBI is to protect the currency and IMO that's what Shabibi was doing in his last years by trying to institute this program.  The most important thing that bleeds through all the years is government support.

    Shabibi showed his frustrations after Sept 2012 when he stated he would just let the currency start at 1166 and let the market decide.  This was the last defiant straw for Maliki and that's when he trumped of the graft, theft and bribe charges and had his puppet court issue those arrest warrants.

     Had he had the support of the government and its institutions it is my belief this would all have been over years ago but one can only speculate why Maliki has adamantly fought this all the way.

    We all know Maliki was an Iranian in Iraqi clothing.  My personal belief is that early on he allowed the counterfeiting to go on in order to help Iran.

    Remember Iran was under those draconian sanctions and strapped for hard cash.  By allowing and protecting Irans counterfeiting he allowed Iran to survive.  Iran could just counterfeit the dinar and sell boatloads of them for USD in Iraq.

    No Iranian connection was ever made even though the US as far back as 2009 had told the Maliki government who, what and where this counterfeiting was being done.  I am absolutely sure Maliki obstructed any and all investigations that would have lead back to Iran as Maliki controlled the investigators.

    My point is this.  Government support was needed then and today we finally see that in place.  That's why I think we are so close you might be able to touch it.  This weekend will see if I'm right or wrong.  I think they are as they themselves have stated "ready">  Lets keep our fingers and toes crossed.  tlar

    Mike:   I don't know, DW, that's not what I got from Tlar's thread.  For me, it illustrated how the guru's get together and the discussion bleeds from facts to suppostion that eventually are perceived as facts.  I'll give you some examples.

     Steve (Enorrste)

    12-23-11 mailman17  THIS WILL PLAY OUT  THE RV IS NOT A QUESTION  IT WILL HAPPEN

    BUT WE DO KNOW THE SMALLS ARE READY, SHABS HAS THE GREEN LIGHT, COMPANIES ALREADY HAVE CONTRACTS...

    mailman17 says to (09:42:44):  NOW WE WAIT FOR THIS MINOR AND HOPEFULLY LAST SKIRMISH TO END

    LETS HOPE SOME GOOD NEWS COMES OUT THE NEXT FEW DAYS

    And this:

     12-28-11 mailman17

    mailman17 (20:29:06):  ACTUALLY...SHABBISI HAS EXUCUTED THIS TO A TEE...FLAWLESS......I AM VERY IMPRESSED  --  NOW WE ALSO KNOW HIS PLAN AINT WAITING ON ANYONE  MALIKI, TALABANI, NO ONE

    Mike:  Shabibi never had a green light, he was still waiting on Maliki and the CoM and the skirmish never ended.

     Doc 3-12-12    Several have stated the RV can not happen without issuing the LDs. While we do not agree with this (USD can be used to make change) we do concede that it would help the dedollarization push to have the LDs issued and in use. It is really a question of timing. First, as we've screamed 1,000 times, the CBI needs approval of Parliament to issue a new currency. Post this, several articles have talked about June and September as issue dates. What we do know is what Shabibi has told us which is they want to go into the 2013 budget using the new currency. It would make sense to have the LDs out for a period of time pre 2013 budget. A June to September issuance would seem reasonable.

    Mike:  Maybe this is where the story of Shabibi saying he was going to release the LD's in September came from, I don't know.

     For me, research is what Brule gave us with the link to most of the articles.  http://www.easyenglish4u.com/central-bank-iraq-articles  In it, you'll find an article titled,  CBI: Continue with the deletion of zeros despite calls to delay, wait.  Here's an excerpt from that article.

     Baghdad/JD/…Member of the parliamentary Finance Committee and Attorney for the State of law Coalition Haytham Al-Juburi, that the Central Bank of Iraq informed the Committee that the deletion of zeros past despite Government demands a wait …

     Transfer Al-Juburi/JD/: Deputy Central Bank Governor Mohammed appearance on the sidelines of the meeting yesterday “that the Bank is in the process of deleting zeros currency will be put on the first of January or after a short period.”. He added “that the Central Bank works to persuade the Government to delete the currency switch positives zeros and put forward early next year.”.

     He said the Central Bank has the right to replace the currency by regulations and instructions that authorized him to even without legislation by the House of representatives. “.

     Promised parliamentary Finance Committee member and Deputy from coalition of State law to wait to put the currency requested by the Prime Minister of the Central Bank is coordination between fiscal policy and economic policy “.

     The Central Bank has sent an official letter to the Iraqi Council of Ministers includes pros switch currency … She is a member of the parliamentary Finance Committee and MP for the Liberal block Magda El-Tamimi, yesterday, Saturday, for/JD/that “Central Bank Governor Sinan Al-Shabibi met with Prime Minister Nuri al-Maliki and spoke about the wait to switch currency and delete the zeros and the money supply.”.

     Tamimi said “that the Central Bank in an official letter to the Cabinet of Ministers ensures the pros switch currency and delete the zeros to reduce the money supply and to facilitate business processes and other” … And remedied “but the cabinet so far has not responded to the Bank’s book.”.

     Tamimi said “the Government supports the Finance Committee to wait till the present time not suitable for switching currency, we fear the emergence of counterfeit currency dealers Division.”. According to the parliamentary Finance Committee member and MP for the Liberal block “switch currency after 2003 witnessed the emergence of economic Division and dealers were counterfeit currency in the market, maybe switch currency at the moment is in addition to the money supply will grow more.”.

     The Central Bank has said in the past week put new Iraqi currency after deleting zeros in January. Central Bank Governor Sinan Al-Shabibi/JD/”Bank will put up new Iraqi currency after deleting three zeros in 1/1/2013.”.

     He was Governor of the Central Bank has stated that “there are numerous and many misgivings on its implementation of the Bank is keen to be a safe and easy exchange.”.

    Mike::   Shabibi never said he would release the LD's in September, and it's pretty clear that he was unable to unless he had the support of Maliki and the CBI.  He had all the laws he needed, and the support of some in Parliament.

     I like speculation as much as the next guy, as long as it's not purported as fact and that the folks in charge are making statements when in fact they aren't.

     There are those who believe the CBI is completely autonomous from the GOI and that they can RV this currency any time they want, it's pretty clear that the CBI has wanted to do it but is unable without the support of the government.  Brule's link is the research that Tlar's thread talks about.

     Respectully, the thread is riddled with inaccuracies and suppositions that have never matierialized.  If anyone has taken the time to read this whole thread, why not invest twenty minutes more and dig into Brule's link.  The information is there and you don't have to rely on anyone's memory to fill in the gaps.

    Shabibi wouldn't forcast the date that Iraq raises the value of it's currency.  The whole planet would have bought dinars if they knew it was going to increase 1,000 percent or more on a certain date.  The guru's thought they had it figured out, but if I know one thing, rate's and date's have never worked out.

    " We are all born ignorant, but one must work hard to remain stupid "  Benjamin Franklin

    Brule:    As I recall, the CBI does not pay for printing or re-printing of currency.  If nothing else, the government had to be on board to pay the $150+ million dollar invoice for printing of the currency.  If this program is ready to rollout today or tomorrow, it is an indicator the currency has been printed because they do not have the funds currently to pay for it.

    Mystic137:   I have saved lots of dinar-related info myself...this is what I found concerning the whole issue of whether or not CBI/Shabibi talked about releasing smaller denominations in Sept of 2012

    Saturday, 25 February 2012, 07:58 GMT    New banknotes to be introduced in September

    The Kurdish Globe     Views differ on financial and socioeconomic impacts

    Despite fears of a negative economic impact, the Central Bank of Iraq will remove three zeros from Iraqi dinar notes and print new banknotes in 2013.

    The Central Bank of Iraq has agreed with the Economic Committee of the Iraqi Parliament to introduce the new banknotes in September 2012, which will be used in parallel with the current banknotes for a year. The CBI will completely withdraw the old banknotes by September 2013.

    Abdul-Hussein Abtan, Economic Committee Member of Parliament in Baghdad stated in a press conference that there is an initial agreement between Parliament and the central bank to start the process of removing three zeros in September, and it will take a year to complete. The new banknotes will be printed in Arabic, English and Kurdish.

    The CBI will introduce three new banknotes: 50 dinars, 100 dinars and 200 dinars. For smaller transactions, the CBI will also issue 1-dinar and 2-dinar coins which Iraq currently does not use.

    MP Abtan says "The grant agreement is to ensure that during the one year process, the old banknotes are traded in the market and replaced by the new one."

    The CBI expects this move to positively impact the country's economy; however, some parties say the negative consequences will be more serious.

    The Security Commission says deleting the zeros will have a negative impact on financial trade in the stock market. Other opponents of the move argue it would pave the way for money laundering and want the government to reconsider its decision.

    Supporters of the idea believe the introduction of the new banknotes will help reduce inflation, strengthen the Iraqi dinar in the international market, facilitate trade with international banks and other financial institutions, as well as reduce the social gap between classes.

    "The process of removing zeros from the currency will contribute to dealing better with inflation, facilitate economic cooperation with international banks and reduce the differences in [standards of] living in society," Abtan explained. Mahma Khalil, another Member of the Iraqi Parliament and official spokesperson of the Economic Committee says an agreement has been reached about the mechanisms of introducing the new banknotes after a series of meetings and discussions with the CBI Governor Dr. Sinan Al Shibibi.

    "According to the agreements, the new bill will be printed by a European company and introduced to the market gradually and in a well-planned schedule to ensure it will not result in shocks and would not have a negative impact on the market," explained MP Khalil. He added the exchange rate between the new banknotes and the old ones would be 1:1,000.

    The objective behind this move is to appreciate the value of the Iraqi dinar against the U.S. dollar, which would in turn increase the balance of the Iraqi dinar and there would be sufficient reserves of that currency," explained MP Khalil. "Additionally, the economy of Iraq would grow and oil sales would also increase." Khalil added that Iraq has a reserve of $60 billion in the CBI.

    The CBI previously stated it would consult with Parliament and representatives to see whether there would be a need for a law to be passed for this shift. The Economic Committee announced on 19 February it was introducing new legislation for the purpose and would also address the inflation issue in the country.

    The introduction of new banknotes and withdrawing the current ones from the market is generally expected to reduce and control the number of dinars in circulation and would also help facilitate payment systems and control the banking transactions in the country.http/www.kurdishgl...6BBF1EDC3B7D027
    http://www.kurdishglobe.net/article/3CBF63FA930E6C8FF6BBF1EDC3B7D027/New-banknotes-to-be-introduced-in-September.html

    mystic137:     even the IQD team was excited

    MARCH 2ND, 2012 07:49 AM • POSTED IN CHATS & POSTS (IRAQI DINAR INFO)

    The IQD Team Conference Call March 1, 2012 Highlights/Summary & Replay of CC Thanks to Mark for the summary

    Conference Call Replay - March 1, 2012 Download/Playback or 760-569-7699 Pin 769478# THEME FOR TONIGHT: “Oh What a Night”…Of Incredible News! Shabibi is ready to go and Pretty Loud & Clear He Speaks!!! “Straight Talkin” Mike summarizes tonight’s News:

    What an incredibly Bold Statement from Shabibi…He is Ready…..He came out and basically said ITS NOT IF I AM GOING TO RV THE CURRENCY…ITS WHEN AND IT IS UP TO ME AND I AM GOING TO BE DOING IT SOON….IN ‘THE COMING DAYS’….WOW!!!! What happened today? Really it didn’t happen today… 

    IT HAPPENED 2 DAYS AGO…. DR SHABIBI CAME OUT AND SPOKE TO THE PEOPLE He wanted to talk about the counterfeit and statements in the media He wanted to assure the people that the counterfeiting was not as bad as the media is letting on it to be its not severe...please don’t worry about it.. 

    we have it under control and OH BY THE WAY WE ARE GOING TO BE DELETING THE 3 ZEROES FOR YOU AND WE ARE GOING TO BE DOING THAT SOON… …this is a quote from Dr Shabibi not from Straight Talkin Mike He said don’t have any fears…don’t worry about it...it’s not going to hurt the economy…your money is going to be worth more…hang on to it…please do not stop using you dinar…please use your dinar...hang on to it….I plead with you ..these people are fools that are telling you all these things out there

    Then we talked about the banks wanting to get involved in the investment banking end of the business they want to be able to participate in all parts of this economy because it is going to grow and it’s going to grow very quickly we’ve seen the numbers…we’ve seen what they said they don’t just want to bank….they want to become investment bankers like here in America We had a law that separated our bank from our investment banks awhile back…we took that law down...

    some can say all hell broke loose then...and that could have caused all of the problems we have now…I don’t know…that is a different conversation for a different day but I can tell you this they became more profitable when that happened and that’s what the banks want to do in Baghdad...they want to be able to be a part of this growing economy that’s going to grow very quickly…THEY WOULD NOT WANT TO BE INVOLVED IN THIS IF THE CURRENCY IS GOING TO BE WORTHLESS

     Then we talked about an article that there is a bill in front of Parliament and they are afraid just like some of the dinar people are afraid that it is going to hurt the economy...it’s not going to help the economy and Saleh came out and said no we have this under control… 

    we’re not going to hurt the economy…we’re not going to affect anyone’s net worth…we’re not going to take away from anything...we are going to keep the things status quo and then eventually we will raise the rate after that so don’t worry about you walking in taking a 25,000 dinar and walking out with a 25 dinar…that’s not the purpose of this….the purpose of this is not to do this…

    other countries have done this and we know what we are doing…sort of a semi quote unquote is what he said…do not worry go ahead and vote on this…move forward they want to conduct a study…

    Dr Shab said 3 days earlier we know the study is already done a lot of what was referred to in that article…Dr Shabibi had already talked about 3 days later stating HE IS GOING TO DO SOMETHING WITH HIS CURRENCY SOON…. was his quote...the translation was from that paper…

    whether its translated to be that or whether it is longer than that he certainly is going to do something with his currency soon can be anywhere from 3 days...to 3 – 4 weeks …don’t know but as we are watching things click off the ticker here they are getting these things done 

    So the news was absolutely fantastic Then we read about the electronic payment systems over there and how the banks have all this modern equipment and they want to invest in all this modern equipment…cellphones, electronic payments, credit cards that get people all this stuff basically it is already there…IT IS READY TO GO..IT HAS BEEN What they have to do is educate the people… 

    the people are afraid of the banks in what we have seen so far…even some of the articles we didn’t read today that maybe you came across out there…the people are afraid of the banks…they are afraid of losing their money...afraid of losing what they put it to them…..they don’t understand it…

    they need to be educated on the process of how these things are done…look you can use your cell phone to bank...you can use this ATM to get money out to get money out of there…and oh by the way the guys are saying we want to stuff these ATMS with more money because we have to put 25000 notes in there and Shabibi is kinda laughing saying well I already told you we are going to give you a currency that you can walk around with that’s going to be better and then in order to that we have to kinda increase the value along those lines and then you guys will finally all get it

     Moving forward into the Government National Alliance…The National Meeting…2 articles came out that the agenda is done….are agreeing to move forward...it is my opinion they are waiting to use this a strategy to kinda pull people together and move forward maybe they are waiting for some sort of event to happen before they have this that they think is going to happen soon and then they will go ahead and put this out but it looks like they’ve got the meats and potatoes of the meeting done ready to go ahead and move forward getting this meeting and everything solved...

    they want to use the constitution...they’ve got the groundwork If you ever worked for a large company and did one of these meetings they are doing what they are supposed to be doing…….not fun watching…but things are getting done…we are moving out of that realm and moving forward

    We talked about everyone agreeing and compromising we haven’t seen that happen for a while but everybody’s talking...remember that months ago they were getting yelled at by Hillary Clinton and the US and everybody else saying get yourself together – move it forward looks like they took that advice and did that

     We read an article about Kuwait...Port of Mubarek Kuwait likes what they are hearing Iraq wants to build an Embassy in Kuwait They want to have relations I think that Chapter 7 is a moot point at this time they are doing what they are doing diplomatically to settle this It is my opinion they will settle this issue very quickly They will have it done – have it at the UN….it will be released we will not hear about it...

    we may see small article saying it is done and then there will be some sort of announcement from Maliki when he goes over there...a picture ceremony and then maybe they’ll come back to the Arab Summit and that will be what they announce there or maybe that will be the kickoff…Look Kuwait is freed us out now you all can deal with us at the Arab Summit… Lots of political choices…the ball is in their court to make this a HUGE event for them for the Arab Summit

    Deb & Mike discuss their beliefs on when they believe this can happen Deb – it is my belief all of these things are done…that’s my opinion we have Shabs coming out with this incredible statement today and all of the other incredible news we discussed I believe it can happen in a couple of days...not saying it will…but I believe a lot of things have happened behind the scenes and it could happen any time now…

    My belief is once they got the budget passed this RV could happen at any point in time from that point forward My personal belief is I really feel those ministers are important Based on what Shabibi said today… I believe Shabibi is under a lot of pressure right now this counterfeiting stuff can destroy everything that he has done it can just rip it apart…

    the 8 years he has put together trying to make sure that his people like their currency in a one fell swoop in a week...people not liking it. I mean I think everyone kinda wants to tend to look at the end result What’s the date and the rate…as opposed to looking at the journey as we go along He told us in one article we read the people will go to bed…hey will wake up and things will be different…

     that’s what is going to happen.. That’s how we are going to hear about the RV…..We are going to go to bed and we will wake up one morning and it will RV or you will get called in the middle of the night…

    I look forward to that call…and you are going to know that it has happened and you are going to get up and everybody is going to look at each other and throw your hands up screaming and yelling…and then it is going to hit them What do I do next? What do I do next? so yes things are happening based on what Shabibi said…i don’t know if it is going to be a couple of days…

    I don’t know that he is going to come out and say it and then do it…We know he is pretty truthful about what he does He has to have a little bit of Magic behind the Old Wizards Mask… he has a couple of things left that he will do he’ll still do it when he needs to do it on his time and on his terms basically it’s there…the pressures are building for him to get this done….

    but the pressure is also building on the Parliament to get the things they need to get done too…we are certainly combining together I personally feel that the security minister is really an important part and piece to this whole thing and we may never hear if that gets done…it may be after the fact…. 

    it may RV and then after the fact find out the security minister was seated 2 days ago…I just think that is a very important piece to this pie and I don’t think we are ever going to know how close they are on that type of stuff…that could be why they are putting off the national meeting…

    they are kinda postponing it…postponing it. maybe they want this stuff to be done before that point in time but we are certainly there at a point in time where things are coming together and these many things have not happened I guess we need not to concentrate on so much the end of the journey as enjoying the journey as we are in it Be happy with the info we get…

    everybody wants to time it because everybody wants to go out and do something special it’s going to be terribly hard to time anything…it’s a fluid situation this week everything can be good and then something could happen to set it back…internally… externally…because we don’t have all the pieces to the pie…we are not privy to all the meetings everybody is sitting in and we don’t know what is missing and what’s not done ….we are guessing at that from what we see

     You start to wonder where are the rumors come from if he came out a couple of days ago and said this and now it is just hitting the papers and He spoke to the people in Iraq a couple of days ago kinda do your backtracking and maybe you can see where they might have got there information…

    you can kinda see where they might have jumped the gun if they just would have waited til he does what he does… But if he spoke to the people in Iraq and he did as we just read that could have sounded like he was ready to pull the trigger that day…You have to be patient and wait for it to play out…That article came out a few days ago… Think about that in the whole scheme of things……

    Shocked he came out with his statement and that he could be that blunt…it hit me between the eyes…That’s as close I guess that I can get to somebody saying…Take a look at what I am doing…he validates the whole process of what he is doing….He is going to do something with the currency…

    and Deb says NOT in September guys!!! Probably why he looked like he did in his picture…very tired…stressed…under a lot of pressure to get this done…. GET R DONE

    There you have it…..INCREDIBLE NEWS from “The Straight Talk Express”

     The I.Q.D. Team, Ltd.’s News Articles Coverage for Thursday, March 1, 2012

    The Central Bank’s position on amendment illustrates the Banking Act

    CBI: Responds to Counterfeit Currency Statements in the Media

    Delete zeros from Iraqi dinar raises fears of parliamentarians FLASHBACK

    Invitations to complete the use of electronic payment systems

    National Alliance: no intention to delay or cancel the national meeting

    Kuwait applauds Iraqi statements on port

    Includes three axes .. Deputy: Appl Kurdistan Alliance National Conference in earnest all disputes will be resolved   NEWS ARTICLE LINKS     What a great night of news, analysis, discussion and Q & A

    Listen to the call for all the rest of the news analysis and discussion after each news article…..we are getting closer every day…..  GET R DONE

    Conference Call Replay - March 1, 2012 Download/Playback or 760-569-7699 Pin 769478#

    As Always…. Discussion and Analysis of the Latest Iraq, Dinar & RV News….Pre & Post RV Information…Q & A   Every Tues, Thurs & Sun 8PM EST  760-569-7676 769478# or 712222#

    Mystic137:    another one I found from 2012....

    Parliament Economic Committee: Process to start removing zeros from the currency in September

     Baghdad, February 18 (Rn) – The parliamentary economic committee, Saturday, in agreement with the Iraqi Central Bank to begin the process of removing zeros from the local currency in September next.

     The central bank announced earlier that he is considering the requirements of the project to delete the zeros of the local currency with the Council of Ministers in terms of need process for the enactment of the organized or not.

      A member of the Economic Commission Abdul-Hussein Abtan told the Kurdish news agency (Rn) that “the Economic Commission agreed with the Central Bank to begin the process of changing the local currency in September next.”

     He added that “the agreement granting process to ensure the currency switch for a full year that the two currencies are traded the old and new in the market during this stage.”

     And describes the CBI process of switching the currency national project in support of the economy in the country, while expressing the Iraqi government for fear of the project as it will increase the phenomenon of money laundering, “according to belief,” and is working to convince the central bank to stop the implementation of the project, and be approved by the securities the government’s position of deletion of zeros and says it will affect negatively on the financial trading in the stock market.

     Abtan explained that “the process of removing the zeros from the currency will contribute to dealing with inflation and facilitate economic cooperation with international banks and reduce the differences of living in the community.”

     The Committee emphasized the financial representative, on Sunday, the central bank tarry in the provision of a bill to delete the zeros from the currency to the Committee for the purpose of his study, saying that the law was passed would give Iraq an opportunity to address economic inflation, as experts predict a rise of inflation in the budget in 2012 because of the continuing interest in aspects of operational at the expense of the investment part of the general budget.

     And inflation is excessive in the general level of prices and rising incomes as well as higher cash costs and create excessive cash balances.

     He concluded his speech by saying Abtan that “the central bank looking to send a bill to change the currency to the House or not because the law gives the Central Bank of implied powers to delete the zeros of the local currency.”

     The functions of the central bank conduct of monetary policy in the country, including exchange rate policies and the management of foreign reserves and the issuance of currency management, and raise the level of the values of the Iraqi dinar and deal with inflation in the country, which is responsible also for the maintenance of price stability, as well as to regulate the banking sector.

    (link does not seem to work though)  http/www.aknews.co...knews/2/290751