Thursday, February 7, 2013


2-7-2013  Intel Guru TerryK    the imf's christine lagarde and ust jack lew of the ust are about to make some type of an announcement concerning the iqd and other world currencies. Watch new channels...ESPECIALLY fox news. Look for this from 5 to 7 pm est today.  at 4 pm est Jack lew will make an announcement from the ust. Chances are Christine Legarde from the imf will make some announcement tomorow. Today Jack will talk about the new usd currency and we strongly believe about the iqd. 

2-7-2013 Newshound Guru Phoenix3333  Iraq Budget No Later Than Monday, February 10th: Speaker all blocs to resolve issues related to the budget and to hold further meetings to exit form a final budget bill for a vote at a meeting next Monday at the latest

2-7-2013  Newshound Guru Tlar   Article:  "Specialize: No change in central bank policy!"  Turki is following in Shabibi's footsteps and IMO may actually be looking to Shabibi for advise

2-7-2013  Newshound Guru Med    Article:  "Iraq: Iran pledges support for al-Maliki to 50 thousand troops of the Qods Force for the suppression of the revolution and the work of chaos"   This is posted in the Voice of Iraq...it is the most reliable source of info there is...  THERE IS AN ARTICLE POSTED THAT 141 [MP's] ARE MISSING FROM TODAYS SESSION. YOU KNOW WHEN TALIBANI WAS PREZ FIRST TERM HE TOLD THEM DONT COME TO WORK,  DONT GET PAID.  THIS PLACE IS SO SCREWED UP IN 3 MONTHS THEY HAVE TURNED BACK THE CLOCK 7 YRS...

2-7-2013  Newshound Guru Kaperoni   All I know is that Iraq needs to meet the Standby Agreement which clearly said they need to "improve the functioning of the exchange regime."  At this point, Iraq has no exchange regime so they better get going.  What the rate will be, is unknown but they have stated free float.

2-7-2013  Newshound Guru 8Ball   [If the budget passes does it go straight into affect? Budget like any law must be passed through the cabinet and then signed by the President and then it is placed in the Gazette.

2-7-2013  Intel Guru SteveI   Ray and I have finally heard back from our contacts and the budget vote is still on for Thursday. I am aware of the few articles that say it is going to happen, and a few that say it will not.  So, unless our sources tell us differently, the vote will be finished tomorrow [Thursday] We tried to get the timing of things after the vote has been completed, but they are not sure.  After talking to our sources, they are getting very concerned because Iraq is out of money to operate the country, therefore this passing of the budget is huge...

2-7-2013  Intel Guru Wife in the Know   I also have been told that once the Budget passes the revaluing of their currency will follow. Yes, this could take a day or so to happen or they may just implement it immediately, either way, with a passed Budget it will show.  No fan fare, just "POW" the new exchange rate against the US Dollar will appear. There will be no "LOP" as some still seem to believe, no "FLOAT" or ridiculous low rate as others keep suggesting.  We will get the 3.42 rate I have been speaking of and this will slowly rise over the natural course of time.   Be joyous my friends the wait is over.  [post 2 of 2]

2-7-2013  Intel Guru Wife in the Know   I have just been blessed with the good fortune of receiving more privileged information regarding our investment. As many of you know the Iraqi 2013 Budget is scheduled to be officially voted on tomorrow (2/7/2013). I have been told that all parties involved are satisfied and pleased with the terms and are planning on moving ahead with this endeavor. Yes, they are keeping their word this time and approving the Budget. Once complete, announcements pertaining to the Hydro Carbon Law, Chapter 7 and the removal of UN Sanctions will soon follow.  Now are you ready to get EXCITED!!   [post 1 of 2....stay tuned]

2-7-2013  Intel Guru TerryK    [did you get any thing definite on whether it will be a free or managed float?]   MANAGED IS WHAT I WAS TOLD, 2% DAILY.  [is it looking like Thursday night/Friday am or possible afternoon?THATS WHAT IM BEING TOLD.  TOMORROW [THURSDAY] MAYBE THE WONDERFUL NIGHT

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