Friday, January 4, 2013


1-4-2013  Newshound/Intel Guru BGG   Article:  "Urgent Urgent...Communication and consultation between the leaders of political blocs graduated line on the nomination (Baqir Jabr and Adel Abdul-Mahdi and Qusay al-Suhail) for prime minister substitute for Maliki!!"   Wow!! This is a very interesting turn of events!! That whole list of characters agreed that Maliki needs to step down – whoa?!? This could go a number of directions…any one of which is just fine for us. Very exciting times.

1-4-2013  Newshound Guru SWFloridaGuy   I just wanted to clear up the persisting "RVs happen on Fridays rumor." In my opinion there is no basis for this rumor and my research shows it to be completely inaccurate...large currency appreciation shocks have many different determining outside factors none of which distinguishes a particular day of the week. Appreciation episodes vary in definition and can be a single event or a period of growth that lasts up to several years. They definitely are not included in a Friday gift basket. 

1-4-2013  Newshound Guru Kaperoni   [Is this true?  They told them they could not join until they raised the value of the dinar... and made it an internationally tradable currency.]  sorta...there was a committee assembled some time ago to help Iraq with accession to the WTO.  This committee told Iraq to get there currency more in line with the USD.   Also, if and when you are a full member, you must follow WTO guidelines which adheres to IMF currency practices.  Which means to be a member, you must be in Article 8 and a convertible currency.

1-4-2013  Newshound/Intel Guru Flashing   Article:  "Iraq-Kuwait Relations member: Iraq to emerge from Chapter VII January 2013"  "The first month of the year (2013) will see an end to all outstanding issues between Iraq and Kuwait,” noting that “Kuwait has completed its mission and handed United Nations documents full remove Iraq from Chapter VII.”   iraq will be out of ch 7 during january and because of that the rv is imminent.  that article was from november 2012...but if u tied up all subsequent events, they will be out anytime during this month.  imo, they have a predetermined plan and they are performing accordingly.  everything is excellent, i am very very happy.

1-4-2013  Intel/Newshound Guru Poppy3   I think we will have a brighter picture of the exact direction by the 10th of this month.  I'm still not convinced on this 3 state deal, I don't think they will put that together.  We are seeing some positive signs, things happening behind the scenes that will help us out.

1-4-2013  Intel Guru Footforward   What are the rates going to be?  I don't know.  The rate has to be good, Iraq can't stand on $1.  When Shabibi talks about exchanging 1 to 1, he means in country they will exchange USD for lower denoms on a 1 to 1 basis.  This won't affect us.  My sources are still looking for this RV right away.  I am still looking for this on an any day basis.  [post 3 of 3]

1-4-2013  Intel Guru Footforward   Iraq has to have a rate of at least $4.  I am holding on to double digits. I am not sure how this will come about.  I have reason to believe that there are special agreements that have been put in place for higher rates than the actual rates that show up on Forex or bank screens for the dinar that we have.  These deals were originally put in place for royalty and government figures, basically they are going to benefit beyond what the rate was going to be.  So, I believe that these agreements do exist and that we have been given favor with the right people and that we are going to have special rates for the currency that we have.  It will be a one time only thing. Could I be wrong?  Yes.  Could this change?  Yes.    [post 2 of 3....stay tuned]

1-4-2013  Intel Guru Footforward   For Iraq things are relatively calm.  Yes, there is fighting, people attacking other people, bombs going off, but in Muslim culture, you are always going to have that. Someone said that there would be no RV until there were 3 separate states in Iraq.  This is not going to happen.  Shabibi will come back, make an appearance and whenever the RV hits, he will walk away and Maliki will walk away.  Maliki's  goal is not to establish a dictatorship, he is there to hold down the fort, simple as that.  If they don't RV in the next few days, I expect the Standby Agreement, which expires on the February 23rd, will be extended.  There is a minimum of 30 days ahead of time to do this.  It's difficult to extend this at the last minute.  [post 1 of 3....stay tuned]

1-4-2013  Newshound/Intel Guru BGG   They are not going to get out of Chapter 7 any time soon while Maliki is in charge, but it doesn't really matter as far as the RV.  Article 140 and Erbil are probably not going to happen any time in the near future.  They will probably come up with a new program.  The idea of a 3 state, 3 part Iraq or 3 separate countries is a legitimate possibility.  This might become a legitimate solution to this problem. A lot of things can happen, we just don't know.  We will probably get an idea of what direction they are going in about a week or so. 

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