Wednesday, July 19, 2017


7-19-2017   Newshound Guru MilitiaMan   Well, lets think about those five ships. And we shall not wonder why they were arriving under the  "cloak of darkness." If you will! More ships on the way and publicly we here in opinions offered! The Bonds being sold in the past had a ...poor track record in Dinars. No wonder why at a 1184ID/1USD? Lol  These new international bonds are not IMO at a program rate, as they say they are international above, worth up to $1 billion USD.  Lets say those five ships were the big boys seeding at 500,000,000 tons each @ about 7.5 brls per tonnne. That is about 3,750,000 brls per ship or about 18,750,000 brls total...  Lets say they got the best deal recently they could and sold for $49.00 a brl.  That is about $918,750,000... There is your backing for the Bonds that the USAID need not back, as the Iraq pipeline fed the SA refineries to load SA ships to cloak into the USA to be tested for purity and good faith if you will, possibly! Iraq payments in swing for war re payments?  Food for thought.. imo.  [post 2 of 2] 

7-19-2017   Newshound Guru MilitiaMan
    Article “Iraq plans to sell us dollar bond deal in coming weeks – sources”   The interesting thing about this one is they are expected to be International. But, one might ask are they yet?  They say they are above based on selling the bonds to come shortly, as in next week...real close. The council of ministers permitted the issuance of the bonds in the amount of US $1 billion. Really?  No guarantee by the USAID. But by JP Morgan, Citi Bank, Deutsche Bank, Etc.. (...there is not a need for the USA to do so, the Banks are.)  Where did the seed money come from for the Banks to pony up?  Well school is now in session...   So did we not here about 5 tankers landing...?  We did...   [post 1 of 2....stay tuned]

7-19-2017   Newshound Guru mike   ...the dinar and Iraq's monetary/economic policies are definitely under fire. I think that's why we've seen the recent spate of articles trying to reassure everyone that things are ok and Iraq is moving forward. I also think that's why they're bluffing in regards to the amount in reserves, they think it will give the dinar more confidence. The writings on the wall, without change all the BS in the world won't change the reality, Iraq will have burned through the reserves and become another failed state. 

7-19-2017   Newshound Guru Peggy68   IMO, Iraq, IMF, SBA , with many other Global Agencies, as well as Iraq's Leaders have accomplished so much over the years.  This would lead us to believe they have prepared and met what has been required to be completed prior to going INTERNATIONAL. 

7-19-2017   Newshound Guru Enorrste  Article:  "Masood Haider warns IMF stopped supporting Iraq because of the supplementary budget"   Quote:  "adding that " the supplementary budget came at the request of the Fund international Monetary and , if not completed and voted on before the end of this month, the IMF will stop supporting Iraq ."   For years the IMF has "spoken softly" to Iraq and has watched with a limited amount of patience as Iraq has diddled away, failing to fulfill its commitments.  We now see that the IMF (trustee of the CBI, as we recall) also "carries a big stick."  This is no idle threat either.  I'm actually somewhat surprised that they have put this so plainly, threatening to pull out all support for Iraq if they do not comply.  I suspect, however, that their patience, like our own, has come to an end.  They made a commitment to bring Iraq into the world market "early this year" some time last year and we are not [now?] in the second half of the year.  So they have egg on their own faces at this point.  No wonder they are pissed!

7-19-2017   Intel Guru Bruce    Iraq issued Qi cards to their citizens, and dual citizens. Those have had another increase in pay and back pay on Sunday. That is very positive.  I don’t know what the actual rate of the dinar is.   I heard roughly where we might be. Iraq is paying their citizens more on those cards now than they ever have. When are we going to see the new Iraqi dinar rate posted on CBI or on a Forex site? I can’t tell you.  Basically in a nut shell, everything is done and ready. Everything is complete. For what we understand nothing else we are waiting for except the notification.  You couldn’t  be in a better position than you are right now.  I am excited as I have ever been. 
I think we are very close to the end. 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.