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4/13/2012 - FIVE YEARS AGO In DINARLAND
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4/13/2012 - FIVE YEARS AGO In DINARLAND
by Ssmith Thu Apr 13, 2017 8:48 am
Guru Delta: urgent from iraqi tv: parliamentary economic committee is calling the cbi to raise the value of iqd against the dollar and give a purchasing power to Iraqi people
Guru Bulldog75: STAY BUCKLED; RE-FUELED; ALL FLUIDS AT PROPER LEVEL..........SECURE ALL ITEMS IN PROPER PLACES. OUR TIME IS NIGH. WE PRAY AND KNOW OUR TIME HAS COME LET US MAKE SURE ALL DOCUMENTS ARE UPDATED INCLUDING WILLS, DIRECTIVES, NON INTEREST ACCTS, SECURITY, PROCEDURES. TAKE NO CHANCES ON SECURITY. IQD AND DONG ARE VERY STRONG. BE SAFE AND KNOW THIS IS "INEVITABLE". FOR THIS IS SO. I AM THE MESSENGER. WE ARE BLESSED AND HIGHLY FAVORED. LET US REMEMBER, WE ARE HERE TO CHANGE THE WORLD TO BE A BETTR PLACE. 10% OF OUR GROSS GOES TO THE KINGDOM OF GOD. LET THIS BE SO. THE TIME IS NEAR. GONE. BBL. AMEN.
WHY WOULD ANYONE DOUBT THE OBVIOUS FOR IT IS RIGHT BEFORE YOUR EYES. LET NO PERSON DOUBT THE POWER OF THE UNIVERSAL OMNIPOTENT FATHER. FOR YOU WILL SEE THE MIRACLES OF MIRACLES UNFOLD. DETAILS ARE NOT IMPORTANT NOW FOR THOSE THAT BELIEVE. THE SECURITY COMES IN THE KNOWING THAT WE ARE BLESSED BEYOND THE MONEY. FOR IT IS OUR MIND, BODY, SPIRIT, HEALTH, HAPPINESS AND LOVE WITHIN. THE MONEY SIMPLY ALLOWS US TO FURTHER THE KINGDOM PHYSICALLY. LET THERE BE NO DOUBT THAT OUR TIME HAS COME. REST COMFORTABLY AND KNOW THAT THE FATHER TAKES CARE OF HIS BELIEVERS. THE MANNA SHALL COME SOON TO NOW; AND THIS IS ""INEVITABLE".
EVERYTHING IS IN ORDER AND HOT ON THE GRILL. WE ARE SEEING TREMENDOUS ACTIVITY ON BANK DEPOSITS AND BANK SCREENS. NOTHING OFFICIAL YET. WE WAIT. COULD HAVE SOMETHING DURING THE NIGHT. LOTS OF ACTIVITY. WE ARE PLAYING INFO CLOSE TO THE VEST. WE ARE EXTREMELY OPTIMISTIC.
PLEASE BE READY. THIS IS IN GOD'S HANDS. THE PASTURE IS CERTAINTY LOOKING GREENER DAILY. ALL MARKETS AND FRONT SCREENS ARE STABLE. BACK SCREENS AND CODES VARY.
Guru DinarWishes: Hello Peeps and Fellow Squirrels!!!! Things are interesting in the Dinar Community and which way is up is still in question... Im hearing good things but as to the timing I have no Idea... As to the rate I have no Idea... I am hopefull this is within days of coming to a close!!! Could it happen anytime??? Im being told Yes!!! But, anytime is a large window...
Many players in this game have made the information interesting to say the least!!! My Suggestion.... Relax and let this come to us... Not everything that happens in the news is RV related.... There are other things in this world that will and do take presidence over this event.... When you light a rocket you may want to make sure its pointing the right way....
So, Get some air this weekend and remember what is important!!! We will see this soon and when its in the right direction... Trust me everyone will know and nobody will have a question if its real....
Guru Delta: urgent from iraqi tv: parliamentary economic committee is calling the cbi to raise the value of iqd against the dollar and give a purchasing power to Iraqi people
Guru Butternut: Iraq is now sounding like Kuwait just before they revalued. They pulled this same stunt.......Baghdad (news) Council of Ministers decided to wait in the application of the process of removing the zeros from the national currency until further notice. The Director General of the Department of Cabinet Affairs in a press statement received the Agency (news) a copy of it on Thursday that the decision requires to stop all actions relating to the operation to further notice. He added that the Council of Ministers Resolution No. (111) for the year 2012, adopted at the fifth regular session, held the day before yesterday was based on that introduced by the Committee on Economic Affairs
Guru SWFloridaGuy: Two big things were annouced today. National meeting is being scheduled for next week and the Amnesty Law was sent to the House for a vote. The last meeting on the 5th was a bust because the Iraqi List boycotted all meetings until the terms of the Erbil agreement are implemented and they see the adoption of the Amnesty Law. Political blocs are tired of the procrastination of the Erbil power sharing agreement and the UN also addressed the need for this to be resolved for Iraq to move forward and become an economic leader not only regionally but globally. Erbil is one of the oldest cities in the world, one of the largest in Iraq and the capital of the Kurdistan region. It appears Talabani has been able to get the necessary leaders back to the table. The Iraqi List is headed by Allawi and it appears like they may now be meeting next week and the timing coincides with the Amnesty bill which is being sent to the House for approval. Both important issues. Look for progress made with HCL/article140, fully seated GOI, introduction of the new currency, raising of their exchange rate and then the tariffs being put into effect.
Today is a great news day. Issues that have been addressed are the Ministers, Amnesty law, Erbil and another shot at the National Meeting. For Iraq to have a complete GOI they need to have all the ministers seated for security reasons. The National Alliance now has two candidates for the Interior Ministry. One of these positions will be the Ministry of Defense. For a long time we have speculated that the CBI was waiting on a fully seated GOI, Erbil power sharing, HCL/article140, and then after the RV they would be released from Chapter 7 although that is not a direct stipulation. This is all speculation though and it's hard to know what is required for the RV. We're just following progress Iraq is making as a country and guessing how it may tie in. For all we know Shabibi may pull the trigger before these things are accomplished. No one really knows for sure but many pretend to. We do our best
Guru ArizonaHeat: malikis final down fall was trying to replace Shabibi. he time is so very limited, that with the fact the dropping of the 3 zeros was stalled then started because people are just fed up with the constant political posturing for gain, Maliki saw that 60 billion reserve and his eyes got to big
Guru CaptainD: The Iraqi courts have already ruled that the Central Bank of Iraq is under the jurisdiction of the Iraq government specifically the Prime Minister’s Cabinet. Prime Minister Maliki is attempting to reshape the Central Bank of Iraq starting with upper management. The hard currency in Iraq which is the U.S. dollar is appreciating against the local currency as merchants are continuing to buy and sell in U.S. dollars. Governor Shabibi is negotiating his departure from the Central Bank of Iraq along with other senior members of the CBI. We will see departures in the management of the CBI by the end of the year. It is rumored that they will be leaving the country.
Guru Generals64: hey...remember the folks around here tonight...Seriously...another Tornado is headed this way...The ones in the dark of the night are really "nasty"....foundbetter :...like you style my friend...9:05 PM [Precious] LadyLeeLee: I got the 3 year old.. got my sister's little baby.. he's amazed with the la vida loca and all the graphics in the room.. we're gonna move in with some intel.. most of you all have been told and I've been tellin Blaino. . Hammer's stuff is not true...We were with Wells Fargo today twice on the phone....Sorry...no bashing zone...
Guru Blaino: let's roll.. Hammerman.. the information ..I received.. I wasnt' told so much to be quiet I was asked to.. what it amounts to is that I can only announce what's already happened. I just have to back up.. cant be specific .. once it's spilled.. I just cant be the for bringer.. what we have in occurance here.. we were totally expected to rv last night.. all pointers were showing that.. all pointers.. we were set to RV yesterday into last night.. most banks have their regional levels.. you cant call the banks.. sit back and let this thing happen.
the figures are there. the rates are at the banks.. the events that went on yesterday HSBC has got this pulled from the ust but come to find out it wasn't so much pulled.. how can I say they negotiated terms to the rv .. obama.. and he agreed to let the host company .. the revaluation of the worlds currency..
I got a couple of things.. bank story.. acquaintence of mine who when into a big 4 bank.. inquired about opening a .. one of those checking accts. .. the non interest bearing checking accts.. that guy started working with him and very shortly another rep came over and took over the deal and in questionning him asked him why.. and the guy broached the subject of the dinar and he was suspecting and asking if he was holding the iraqi dinar.. and he said yeah I am, and the guy said well that' good we;'ll get you squared away right here and .. here's a guy who was asking about this and it's real good.
There's another story.. another operation establishing a cash out location in the city of Las Vegas.. that story is true.. they are ahead of the curve.. set up and people are trained.. I saw stuff about 24 hours ago..
I posted some stuff last evening about the possibility of some action over night from som action that I was seeing.. waht it turns out was I was seeing some reengagement .. probably going to be smoke and mirrors and I'm looking for the GOI to show..
Guru PapaJack: urgent from iraqia tv: parliamentary economic committe is calling the cbi to raise the value of iqd against the dollar and give a purchasing power to iraqi people. It's on their TV and I just got the email .
Also I just got an email saying Kuwait is expected to release Iraq from Chapter7 on the 15th, RV is expected shortly thereafter. I report you
decide, Fair and Balanced. My guess Kuwait OK's the lifting of Chapter7, Iraq RV's, then UN officially lifts Chapter7.
Guru DuckBoy: The CBI, like most Central Banks, including the FED, are quasi-government offices. The FED is owned by banks and kind of works for the USG and their main job is to adjust inflation by controlling the USD.
The CBI has roughly the same task and is not really a part of the GOI, either. Shabibi, like our FED chairman is put into place for a certain amount of time. The reason why these offices are quasi-government is influence from politicians... they/we everyone does not want that because most policians are clueless when it comes to the economy.
Just remember, President's and Prime Ministers cannot fire the heads of the Central Banks nor can they takeover something that does not belong to the USG, GOI, UK, CA... you get my meaning. So, why would Maliki, after who is about to or has received vote of no confidence, go after Shabibi and try to take over the CBI? It makes no sense at all.
It would put Maliki in the category of the "worlds dumbest politician," which he is not. Well, in my conversations with sources and colleagues, we have all come to the conclusion (although it may be 100% wrong) that this is the fire/storm before the RV.
Guru Soonerfan62: Good Evening everyone, sorry but just as I was coming on OKIE called me and been on phone ever since. How is everyone. Been a real busy day and all is in our favor and all I can say is that the pieces of the puzzle are coming together nicely.
Guys just know that when we are not on chat we on the phones for many hours of the day trying to get the truth on what is really going on. Guys this week is the most trying week I have had in the ride. The information coming in really has to be decifered like you would not believe. The closer we get the worse its gonna get. Guys there has been so much intel today and about 16 of us has been on the phone so far 12 hours to figure out what is BS and what is not. We think we have a handle on it now.
Guru Doc: Several interesting but contradictory articles surfaced mid week. The first talk about "delaying the project to delete the zeros" and another "postponing issuing the new currency indefinitely". This is very confusing when other articles are reporting that the CBI is "increasing supply of dollars and withdrawing dinars from the market" to reverse the slide of the dinar verse the USD. We know for a fact the currency of choice is the USD and the dinar is for the most part not used. This tells us that most of the dinar in country has already been removed. We also know that the only way to dedollarize is raise the value of the dinar to somewhere around $1.13. Also without the dinar having real value Iraq will not be taken seriously in the international markets. Is the "delaying" a smoke screen? Only time will tell for sure.
Guru Cap1: ALL OF THESE FAR OUT SCENERIOS ABOUT THE RV HAPPENING IN SEPTEMBER IS NONSENSE. INFORMATION COMING OUT OF IRAQ IS DESIGNED TO GET YOU OFF POINT. JUST LIKE WITH KUWAIT AND CHINA'S RV. I'M LOOKING AT TODAY. IT CAN HAPPEN AT ANYTIME. IF PEOPLE WOULD STOP GETTING IN THE WAY OF THE RV, WE WOULD HAVE HAD THIS LAST JUNE. RATE WAS AND IS SHOWING IN EUROPE FROM LAST REPORT, BUT IT IS NOT LIVE TO THE GENERAL PUBLIC. WE DON'T KNOW FOR SURE WHAT THE TIMELINE WILL BE FOR CASHING IN AT THE HIGH RATE. BE PREPARED TO MOVE AT A MOMENT'S NOTICE. I EXPECT IT AT ANYTIME NOW.
Guru FootForward: UNDERSTAND IM NOT SAYING CAP IS WRONG IN ANYTHING HE IS SAYING. WE ALL GET DIFFERENT INTEL ABOUT CERTAIN THINGS. FOR THE MOST PART CAP AND I ARE ON THE SAME PAGE. WE ARE JUST SHARING WHAT WE ARE TOLD. WE WILL SEE HOW IT SHAKES OUT WHEN THE RATE SHOWS.
I STAND BEHIND CAP, AND JONNY AND SEVERAL OTHERS. WE ARE ON THE SAME TEAM. IM JUST SHARING SO THAT PEOPLE ARE READY FOR ALL SITUATIONS. JUST AS CAP IS
Guru Poppy3: these show for fact they are working together without Maliki influence and the GOI is functioning again. they are completing there ministers and erbil will be implemented according to post with solid links.
I am very encouraged that Maliki has been neutralized.Timing is still uncertain but the RV can happen at any time NOW that they are functioning and for Kuwait to say they are coming and investing means they will have a valued DINAR. More progress. Let's hope they stick with it! Whether it is done and we can't see it yet or if it still needs to happen - there does seem to be progress.
Glory glory we are free again . Get ready. time is now moving again in our direction.
i have been told he is on house type arrest and can move about the country but is escorted by guards and has a advisor with him at all time telling him what he can and can't say or do??? All of this isnt confirmed but the changes are showing he isn't making decisions on the moves forward. Poppy3
Guru Med: Sonny says THERE IS AN ARTICLE THAT SAYS SHABIBI HAS HAD ENOUGH AND WANTS OUT. I KNOW HE IS NOT YOUNG BUT I CANNOT SEE HIM LEAVING BEFORE HE FINISHES THIS AND HERE IS A SURPRISE MALIKI HAS ANNOUNCED HE IS THE BEST CANDIDATE FOR NEXT PM THAT HE HAS THE BEST POST SADAAM GOVT WOW IS THAT BAR SET LOW AND HE HAS BROUGHT IRAQ TO BETTER LIVING CONDITIONS. OH I GUESS HE ONLY COUNTS THE GREEN ZONE CUZ THE OTHER 90% OF IRAQ HAS NO WATER OR POWER OR MONEY OR FOOD OR JOBS.
Guru Mailman17: I AM AND ALWAYS WILL BE STOKED ON THIS INVESTMENT AND IN MY HEART...THINK PAYDAY IS SO VERY CLOSE. THEY HAVE THE DFI ACCESS ANYWAY...THE AMOUNT IS JUST BEING HELD IN NY 56 BILL...I THINK. THE 816 BILL WAS FROZEN ASSETS TO BE GIVEN TO THE CBI UPON CHAP 7 WHICH IS MOST LIKELY WHY MALIKI WANTS SO BAD TO CONTROL IT. DONT WORRY...HIT TIME IS SHORT.
Guru BlueDog: Last nite I emailed the article about the 50 Kuwaiti Companies entering Iraq at the end of the month to start Business. Iraq has worked hard to become part of the World again. Especially with the Word Trade Organization they must have a Tradable Currency. They want to accomplish this by June 2012. April 15th Iraq if all goes good will be out of Chapter 7per UN Meeting of Kuwait and Iraq.Lets go back to 2011 and reflect a little this is from the CBI and what they said in a Document .....Direct Invitation No. ( 60/2011 )
CBI Quote: "We would like to advise you that the above invitation has beenawarded to De la Rue company in a total amount of ( 15,947,003/-)( Fifteen Million nine hundred and Forty seven thousands and three
dollars) which represent the price of (10) ten Machines includingthe price of spare parts shipping Fee and installation in Baghdad .TO those whom have an objection can submit it within the legal
period which is (7) seven days from 23 oct. 2011"
They took a huge step here with De la rue and their Currency cost them Buku bucks printing their currency to make it the Worlds most secure ever printed to date. Very difficult to counterfeit and the best of paper to be printed on for such a country. Why have they got this all done, not to wait another year naw I think not.
Guru MillionDay: i am not calling it by any means but -- the puzzle is very intriguing right now -- let me tell ya
The process of activating and revive the Iraqi private sector and one of the priorities of the government, especially the new constitution stipulates that the Iraqi economy is (the market economy or open), which means granting the private sector more space to play a vital role in the areas of productivity all, is that this matter has not been achieved by a number of bumps, which is still facing the progress of this sector may be in the forefront of opening of the market wide open in front of imported products, the obsolescence of production lines for a large number of factories and plants that have stopped after absent for almost the full power which is the lifeblood of these plants, as well as the absence of protective laws that can be giving heed to this sector, and this is according to many economists to pay workers in this sector to look for other areas of work and was in the forefront of government hiring in government departments. In the opinion of the concerned in the economic stop facilities and laboratories of the private sector diversified, industrial, agricultural, commercial, Born tremendous pressure on the government after the preference of people working in institutions and government departments to the private sector, which became the production costs which exceed the value of the product in local markets, which caused migration of large-workers in this sector and continued their search for work in the government.
Guru Enorrste: Najafi in Parliament in which paragraph 103 of the Constitution clearly states that the CBI is independent in administration and ACTIONS, especially from interference from the Government, which is specifically named in the Constitution!
Shabibi does not have to report to the Council of Ministers, nor will he have explaining to do if he should elect to visit them. He already has the full backing of Parliament, to whom he does have to report.
The supposed "halt" of the "remove the three zeros" by the Cabinet is vaccuous. They have no authority in the matter per the Constitution.
Parliament has also stated that they have no authority, and Saleh stated last week that no law needs to be passed or regulations from the Cabinet. In fact, he said, all that needs to be done is a posting of the regulations for exchange in the Gazette.
The CBI is ON RECORD that the RV will raise the value of the IQD to about $1 per dinar, and that the rate will rise gradually up until September, at which time the new currency will be issued to coincide with the existing currency. The two will coincide for one to two years, during which period the old currency will gradually be removed.
The money supply will not rise. In fact it will fall dramatically.
Not only have most of the large notes already been withdrawn (Shabibi stated so) but the few that remain will disappear after the $1 RV, probably in the near future. By September there will be no large notes left. The currency, per their own press conference, will consist of 1 to 100 dinar notes, with values of about $1 per dinar.
Therefore the money supply will DROP from the current 25 trillion dinars to about 25 billion dinars, as they had predicted clear back in 2007 and re-iterated in 2009 and 2010 and 2011. After September the dinar will continue to rise in value until it reaches equilibrium in the international market. This will be about $3.50 or possibly higher depending on oil revenues.
With 25 billion in money supply and $3.50 for the dinar they will have about $77.5 billion in money supply with $60 billion in reserves, by far the strongest currency in the world.
Finally, Shabibi has the authority to change the value of the currency whenever he feels it is time to do so. The Cabinet did not "HAVE" to give him that authority. He already has it. Neither can their resolution STOP him from acting. This is bluster, and Najafi rightly pointed this out by quoting the Constitution. The GOI is powerless over actions of the CBI. Parliament backs the CBI 100%. The IMF has also backed the CBI, specifically on the "remove the three zeros" project (RV). Nothing from the GOI can stop this.
The Professor
Daniandquin1 Bank Story: just talked to BMO wealth mgr. spoke with him about a month ago. call him up today and at first he was very non-committal (his currency guys gave him the "no way, just a scam" speach last month.) but..... when I told him that our group had met with Scotia bank wealth and that the Scotia guy said that Scotia bank was fully aware of the rv and wanted to work with us..... well I swear I could literally see his eyebrows go up over the phone lol. anyway after talking to me for 10 minutes he's now off to do some research and said he'd call me back as soon as he could get any info
Guru Bulldog75: STAY BUCKLED; RE-FUELED; ALL FLUIDS AT PROPER LEVEL..........SECURE ALL ITEMS IN PROPER PLACES. OUR TIME IS NIGH. WE PRAY AND KNOW OUR TIME HAS COME LET US MAKE SURE ALL DOCUMENTS ARE UPDATED INCLUDING WILLS, DIRECTIVES, NON INTEREST ACCTS, SECURITY, PROCEDURES. TAKE NO CHANCES ON SECURITY. IQD AND DONG ARE VERY STRONG. BE SAFE AND KNOW THIS IS "INEVITABLE". FOR THIS IS SO. I AM THE MESSENGER. WE ARE BLESSED AND HIGHLY FAVORED. LET US REMEMBER, WE ARE HERE TO CHANGE THE WORLD TO BE A BETTR PLACE. 10% OF OUR GROSS GOES TO THE KINGDOM OF GOD. LET THIS BE SO. THE TIME IS NEAR. GONE. BBL. AMEN.
WHY WOULD ANYONE DOUBT THE OBVIOUS FOR IT IS RIGHT BEFORE YOUR EYES. LET NO PERSON DOUBT THE POWER OF THE UNIVERSAL OMNIPOTENT FATHER. FOR YOU WILL SEE THE MIRACLES OF MIRACLES UNFOLD. DETAILS ARE NOT IMPORTANT NOW FOR THOSE THAT BELIEVE. THE SECURITY COMES IN THE KNOWING THAT WE ARE BLESSED BEYOND THE MONEY. FOR IT IS OUR MIND, BODY, SPIRIT, HEALTH, HAPPINESS AND LOVE WITHIN. THE MONEY SIMPLY ALLOWS US TO FURTHER THE KINGDOM PHYSICALLY. LET THERE BE NO DOUBT THAT OUR TIME HAS COME. REST COMFORTABLY AND KNOW THAT THE FATHER TAKES CARE OF HIS BELIEVERS. THE MANNA SHALL COME SOON TO NOW; AND THIS IS ""INEVITABLE".
EVERYTHING IS IN ORDER AND HOT ON THE GRILL. WE ARE SEEING TREMENDOUS ACTIVITY ON BANK DEPOSITS AND BANK SCREENS. NOTHING OFFICIAL YET. WE WAIT. COULD HAVE SOMETHING DURING THE NIGHT. LOTS OF ACTIVITY. WE ARE PLAYING INFO CLOSE TO THE VEST. WE ARE EXTREMELY OPTIMISTIC.
PLEASE BE READY. THIS IS IN GOD'S HANDS. THE PASTURE IS CERTAINTY LOOKING GREENER DAILY. ALL MARKETS AND FRONT SCREENS ARE STABLE. BACK SCREENS AND CODES VARY.
Guru DinarWishes: Hello Peeps and Fellow Squirrels!!!! Things are interesting in the Dinar Community and which way is up is still in question... Im hearing good things but as to the timing I have no Idea... As to the rate I have no Idea... I am hopefull this is within days of coming to a close!!! Could it happen anytime??? Im being told Yes!!! But, anytime is a large window...
Many players in this game have made the information interesting to say the least!!! My Suggestion.... Relax and let this come to us... Not everything that happens in the news is RV related.... There are other things in this world that will and do take presidence over this event.... When you light a rocket you may want to make sure its pointing the right way....
So, Get some air this weekend and remember what is important!!! We will see this soon and when its in the right direction... Trust me everyone will know and nobody will have a question if its real....
Guru Delta: urgent from iraqi tv: parliamentary economic committee is calling the cbi to raise the value of iqd against the dollar and give a purchasing power to Iraqi people
Guru Butternut: Iraq is now sounding like Kuwait just before they revalued. They pulled this same stunt.......Baghdad (news) Council of Ministers decided to wait in the application of the process of removing the zeros from the national currency until further notice. The Director General of the Department of Cabinet Affairs in a press statement received the Agency (news) a copy of it on Thursday that the decision requires to stop all actions relating to the operation to further notice. He added that the Council of Ministers Resolution No. (111) for the year 2012, adopted at the fifth regular session, held the day before yesterday was based on that introduced by the Committee on Economic Affairs
Guru SWFloridaGuy: Two big things were annouced today. National meeting is being scheduled for next week and the Amnesty Law was sent to the House for a vote. The last meeting on the 5th was a bust because the Iraqi List boycotted all meetings until the terms of the Erbil agreement are implemented and they see the adoption of the Amnesty Law. Political blocs are tired of the procrastination of the Erbil power sharing agreement and the UN also addressed the need for this to be resolved for Iraq to move forward and become an economic leader not only regionally but globally. Erbil is one of the oldest cities in the world, one of the largest in Iraq and the capital of the Kurdistan region. It appears Talabani has been able to get the necessary leaders back to the table. The Iraqi List is headed by Allawi and it appears like they may now be meeting next week and the timing coincides with the Amnesty bill which is being sent to the House for approval. Both important issues. Look for progress made with HCL/article140, fully seated GOI, introduction of the new currency, raising of their exchange rate and then the tariffs being put into effect.
Today is a great news day. Issues that have been addressed are the Ministers, Amnesty law, Erbil and another shot at the National Meeting. For Iraq to have a complete GOI they need to have all the ministers seated for security reasons. The National Alliance now has two candidates for the Interior Ministry. One of these positions will be the Ministry of Defense. For a long time we have speculated that the CBI was waiting on a fully seated GOI, Erbil power sharing, HCL/article140, and then after the RV they would be released from Chapter 7 although that is not a direct stipulation. This is all speculation though and it's hard to know what is required for the RV. We're just following progress Iraq is making as a country and guessing how it may tie in. For all we know Shabibi may pull the trigger before these things are accomplished. No one really knows for sure but many pretend to. We do our best
Guru ArizonaHeat: malikis final down fall was trying to replace Shabibi. he time is so very limited, that with the fact the dropping of the 3 zeros was stalled then started because people are just fed up with the constant political posturing for gain, Maliki saw that 60 billion reserve and his eyes got to big
Guru CaptainD: The Iraqi courts have already ruled that the Central Bank of Iraq is under the jurisdiction of the Iraq government specifically the Prime Minister’s Cabinet. Prime Minister Maliki is attempting to reshape the Central Bank of Iraq starting with upper management. The hard currency in Iraq which is the U.S. dollar is appreciating against the local currency as merchants are continuing to buy and sell in U.S. dollars. Governor Shabibi is negotiating his departure from the Central Bank of Iraq along with other senior members of the CBI. We will see departures in the management of the CBI by the end of the year. It is rumored that they will be leaving the country.
Guru Generals64: hey...remember the folks around here tonight...Seriously...another Tornado is headed this way...The ones in the dark of the night are really "nasty"....foundbetter :...like you style my friend...9:05 PM [Precious] LadyLeeLee: I got the 3 year old.. got my sister's little baby.. he's amazed with the la vida loca and all the graphics in the room.. we're gonna move in with some intel.. most of you all have been told and I've been tellin Blaino. . Hammer's stuff is not true...We were with Wells Fargo today twice on the phone....Sorry...no bashing zone...
Guru Blaino: let's roll.. Hammerman.. the information ..I received.. I wasnt' told so much to be quiet I was asked to.. what it amounts to is that I can only announce what's already happened. I just have to back up.. cant be specific .. once it's spilled.. I just cant be the for bringer.. what we have in occurance here.. we were totally expected to rv last night.. all pointers were showing that.. all pointers.. we were set to RV yesterday into last night.. most banks have their regional levels.. you cant call the banks.. sit back and let this thing happen.
the figures are there. the rates are at the banks.. the events that went on yesterday HSBC has got this pulled from the ust but come to find out it wasn't so much pulled.. how can I say they negotiated terms to the rv .. obama.. and he agreed to let the host company .. the revaluation of the worlds currency..
I got a couple of things.. bank story.. acquaintence of mine who when into a big 4 bank.. inquired about opening a .. one of those checking accts. .. the non interest bearing checking accts.. that guy started working with him and very shortly another rep came over and took over the deal and in questionning him asked him why.. and the guy broached the subject of the dinar and he was suspecting and asking if he was holding the iraqi dinar.. and he said yeah I am, and the guy said well that' good we;'ll get you squared away right here and .. here's a guy who was asking about this and it's real good.
There's another story.. another operation establishing a cash out location in the city of Las Vegas.. that story is true.. they are ahead of the curve.. set up and people are trained.. I saw stuff about 24 hours ago..
I posted some stuff last evening about the possibility of some action over night from som action that I was seeing.. waht it turns out was I was seeing some reengagement .. probably going to be smoke and mirrors and I'm looking for the GOI to show..
Guru PapaJack: urgent from iraqia tv: parliamentary economic committe is calling the cbi to raise the value of iqd against the dollar and give a purchasing power to iraqi people. It's on their TV and I just got the email .
Also I just got an email saying Kuwait is expected to release Iraq from Chapter7 on the 15th, RV is expected shortly thereafter. I report you
decide, Fair and Balanced. My guess Kuwait OK's the lifting of Chapter7, Iraq RV's, then UN officially lifts Chapter7.
Guru DuckBoy: The CBI, like most Central Banks, including the FED, are quasi-government offices. The FED is owned by banks and kind of works for the USG and their main job is to adjust inflation by controlling the USD.
The CBI has roughly the same task and is not really a part of the GOI, either. Shabibi, like our FED chairman is put into place for a certain amount of time. The reason why these offices are quasi-government is influence from politicians... they/we everyone does not want that because most policians are clueless when it comes to the economy.
Just remember, President's and Prime Ministers cannot fire the heads of the Central Banks nor can they takeover something that does not belong to the USG, GOI, UK, CA... you get my meaning. So, why would Maliki, after who is about to or has received vote of no confidence, go after Shabibi and try to take over the CBI? It makes no sense at all.
It would put Maliki in the category of the "worlds dumbest politician," which he is not. Well, in my conversations with sources and colleagues, we have all come to the conclusion (although it may be 100% wrong) that this is the fire/storm before the RV.
Guru Soonerfan62: Good Evening everyone, sorry but just as I was coming on OKIE called me and been on phone ever since. How is everyone. Been a real busy day and all is in our favor and all I can say is that the pieces of the puzzle are coming together nicely.
Guys just know that when we are not on chat we on the phones for many hours of the day trying to get the truth on what is really going on. Guys this week is the most trying week I have had in the ride. The information coming in really has to be decifered like you would not believe. The closer we get the worse its gonna get. Guys there has been so much intel today and about 16 of us has been on the phone so far 12 hours to figure out what is BS and what is not. We think we have a handle on it now.
Guru Doc: Several interesting but contradictory articles surfaced mid week. The first talk about "delaying the project to delete the zeros" and another "postponing issuing the new currency indefinitely". This is very confusing when other articles are reporting that the CBI is "increasing supply of dollars and withdrawing dinars from the market" to reverse the slide of the dinar verse the USD. We know for a fact the currency of choice is the USD and the dinar is for the most part not used. This tells us that most of the dinar in country has already been removed. We also know that the only way to dedollarize is raise the value of the dinar to somewhere around $1.13. Also without the dinar having real value Iraq will not be taken seriously in the international markets. Is the "delaying" a smoke screen? Only time will tell for sure.
Guru Cap1: ALL OF THESE FAR OUT SCENERIOS ABOUT THE RV HAPPENING IN SEPTEMBER IS NONSENSE. INFORMATION COMING OUT OF IRAQ IS DESIGNED TO GET YOU OFF POINT. JUST LIKE WITH KUWAIT AND CHINA'S RV. I'M LOOKING AT TODAY. IT CAN HAPPEN AT ANYTIME. IF PEOPLE WOULD STOP GETTING IN THE WAY OF THE RV, WE WOULD HAVE HAD THIS LAST JUNE. RATE WAS AND IS SHOWING IN EUROPE FROM LAST REPORT, BUT IT IS NOT LIVE TO THE GENERAL PUBLIC. WE DON'T KNOW FOR SURE WHAT THE TIMELINE WILL BE FOR CASHING IN AT THE HIGH RATE. BE PREPARED TO MOVE AT A MOMENT'S NOTICE. I EXPECT IT AT ANYTIME NOW.
Guru FootForward: UNDERSTAND IM NOT SAYING CAP IS WRONG IN ANYTHING HE IS SAYING. WE ALL GET DIFFERENT INTEL ABOUT CERTAIN THINGS. FOR THE MOST PART CAP AND I ARE ON THE SAME PAGE. WE ARE JUST SHARING WHAT WE ARE TOLD. WE WILL SEE HOW IT SHAKES OUT WHEN THE RATE SHOWS.
I STAND BEHIND CAP, AND JONNY AND SEVERAL OTHERS. WE ARE ON THE SAME TEAM. IM JUST SHARING SO THAT PEOPLE ARE READY FOR ALL SITUATIONS. JUST AS CAP IS
Guru Poppy3: these show for fact they are working together without Maliki influence and the GOI is functioning again. they are completing there ministers and erbil will be implemented according to post with solid links.
I am very encouraged that Maliki has been neutralized.Timing is still uncertain but the RV can happen at any time NOW that they are functioning and for Kuwait to say they are coming and investing means they will have a valued DINAR. More progress. Let's hope they stick with it! Whether it is done and we can't see it yet or if it still needs to happen - there does seem to be progress.
Glory glory we are free again . Get ready. time is now moving again in our direction.
i have been told he is on house type arrest and can move about the country but is escorted by guards and has a advisor with him at all time telling him what he can and can't say or do??? All of this isnt confirmed but the changes are showing he isn't making decisions on the moves forward. Poppy3
Guru Med: Sonny says THERE IS AN ARTICLE THAT SAYS SHABIBI HAS HAD ENOUGH AND WANTS OUT. I KNOW HE IS NOT YOUNG BUT I CANNOT SEE HIM LEAVING BEFORE HE FINISHES THIS AND HERE IS A SURPRISE MALIKI HAS ANNOUNCED HE IS THE BEST CANDIDATE FOR NEXT PM THAT HE HAS THE BEST POST SADAAM GOVT WOW IS THAT BAR SET LOW AND HE HAS BROUGHT IRAQ TO BETTER LIVING CONDITIONS. OH I GUESS HE ONLY COUNTS THE GREEN ZONE CUZ THE OTHER 90% OF IRAQ HAS NO WATER OR POWER OR MONEY OR FOOD OR JOBS.
Guru Mailman17: I AM AND ALWAYS WILL BE STOKED ON THIS INVESTMENT AND IN MY HEART...THINK PAYDAY IS SO VERY CLOSE. THEY HAVE THE DFI ACCESS ANYWAY...THE AMOUNT IS JUST BEING HELD IN NY 56 BILL...I THINK. THE 816 BILL WAS FROZEN ASSETS TO BE GIVEN TO THE CBI UPON CHAP 7 WHICH IS MOST LIKELY WHY MALIKI WANTS SO BAD TO CONTROL IT. DONT WORRY...HIT TIME IS SHORT.
Guru BlueDog: Last nite I emailed the article about the 50 Kuwaiti Companies entering Iraq at the end of the month to start Business. Iraq has worked hard to become part of the World again. Especially with the Word Trade Organization they must have a Tradable Currency. They want to accomplish this by June 2012. April 15th Iraq if all goes good will be out of Chapter 7per UN Meeting of Kuwait and Iraq.Lets go back to 2011 and reflect a little this is from the CBI and what they said in a Document .....Direct Invitation No. ( 60/2011 )
CBI Quote: "We would like to advise you that the above invitation has beenawarded to De la Rue company in a total amount of ( 15,947,003/-)( Fifteen Million nine hundred and Forty seven thousands and three
dollars) which represent the price of (10) ten Machines includingthe price of spare parts shipping Fee and installation in Baghdad .TO those whom have an objection can submit it within the legal
period which is (7) seven days from 23 oct. 2011"
They took a huge step here with De la rue and their Currency cost them Buku bucks printing their currency to make it the Worlds most secure ever printed to date. Very difficult to counterfeit and the best of paper to be printed on for such a country. Why have they got this all done, not to wait another year naw I think not.
Guru MillionDay: i am not calling it by any means but -- the puzzle is very intriguing right now -- let me tell ya
The process of activating and revive the Iraqi private sector and one of the priorities of the government, especially the new constitution stipulates that the Iraqi economy is (the market economy or open), which means granting the private sector more space to play a vital role in the areas of productivity all, is that this matter has not been achieved by a number of bumps, which is still facing the progress of this sector may be in the forefront of opening of the market wide open in front of imported products, the obsolescence of production lines for a large number of factories and plants that have stopped after absent for almost the full power which is the lifeblood of these plants, as well as the absence of protective laws that can be giving heed to this sector, and this is according to many economists to pay workers in this sector to look for other areas of work and was in the forefront of government hiring in government departments. In the opinion of the concerned in the economic stop facilities and laboratories of the private sector diversified, industrial, agricultural, commercial, Born tremendous pressure on the government after the preference of people working in institutions and government departments to the private sector, which became the production costs which exceed the value of the product in local markets, which caused migration of large-workers in this sector and continued their search for work in the government.
Guru Enorrste: Najafi in Parliament in which paragraph 103 of the Constitution clearly states that the CBI is independent in administration and ACTIONS, especially from interference from the Government, which is specifically named in the Constitution!
Shabibi does not have to report to the Council of Ministers, nor will he have explaining to do if he should elect to visit them. He already has the full backing of Parliament, to whom he does have to report.
The supposed "halt" of the "remove the three zeros" by the Cabinet is vaccuous. They have no authority in the matter per the Constitution.
Parliament has also stated that they have no authority, and Saleh stated last week that no law needs to be passed or regulations from the Cabinet. In fact, he said, all that needs to be done is a posting of the regulations for exchange in the Gazette.
The CBI is ON RECORD that the RV will raise the value of the IQD to about $1 per dinar, and that the rate will rise gradually up until September, at which time the new currency will be issued to coincide with the existing currency. The two will coincide for one to two years, during which period the old currency will gradually be removed.
The money supply will not rise. In fact it will fall dramatically.
Not only have most of the large notes already been withdrawn (Shabibi stated so) but the few that remain will disappear after the $1 RV, probably in the near future. By September there will be no large notes left. The currency, per their own press conference, will consist of 1 to 100 dinar notes, with values of about $1 per dinar.
Therefore the money supply will DROP from the current 25 trillion dinars to about 25 billion dinars, as they had predicted clear back in 2007 and re-iterated in 2009 and 2010 and 2011. After September the dinar will continue to rise in value until it reaches equilibrium in the international market. This will be about $3.50 or possibly higher depending on oil revenues.
With 25 billion in money supply and $3.50 for the dinar they will have about $77.5 billion in money supply with $60 billion in reserves, by far the strongest currency in the world.
Finally, Shabibi has the authority to change the value of the currency whenever he feels it is time to do so. The Cabinet did not "HAVE" to give him that authority. He already has it. Neither can their resolution STOP him from acting. This is bluster, and Najafi rightly pointed this out by quoting the Constitution. The GOI is powerless over actions of the CBI. Parliament backs the CBI 100%. The IMF has also backed the CBI, specifically on the "remove the three zeros" project (RV). Nothing from the GOI can stop this.
The Professor
Daniandquin1 Bank Story: just talked to BMO wealth mgr. spoke with him about a month ago. call him up today and at first he was very non-committal (his currency guys gave him the "no way, just a scam" speach last month.) but..... when I told him that our group had met with Scotia bank wealth and that the Scotia guy said that Scotia bank was fully aware of the rv and wanted to work with us..... well I swear I could literally see his eyebrows go up over the phone lol. anyway after talking to me for 10 minutes he's now off to do some research and said he'd call me back as soon as he could get any info
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Re: 4/13/2012 - FIVE YEARS AGO In DINARLAND
by Sam I Am Thu Apr 13, 2017 9:12 am
Guru Enorrste - The CBI is ON RECORD that the RV will raise the value of the IQD to about $1 per dinar, and that the rate will rise gradually up until September, at which time the new currency will be issued to coincide with the existing currency. The two will coincide for one to two years, during which period the old currency will gradually be removed.
The money supply will not rise. In fact it will fall dramatically.
Not only have most of the large notes already been withdrawn (Shabibi stated so) but the few that remain will disappear after the $1 RV, probably in the near future. By September there will be no large notes left. The currency, per their own press conference, will consist of 1 to 100 dinar notes, with values of about $1 per dinar.
Liar. They never said that. They said that they were planning to redenominate, and the value of the new currency would be 1.17 dinar to $1USD, or about $.86. Yes, the two currencies would co-exist for awhile until they have removed the old from circulation and demonetized it.
Yes, the money supply will be reduced, but only when they do the currency reform or "redenomination". Not until then.
And no, Shabibi didn't say that most of the large notes had been withdrawn. The CBI said that they had reduced their "excess liquidity" by 70%, but that just means that they were moving money out of the banks and into various projects via loans. It had nothing to do with removing large notes. In fact, here we are five years later and the only denominations that have been removed are the 50 notes.
Steve "Enorrste" Norris is a master of baffling people with BS and twisting news articles coming out of Iraq to mean something other than what they really mean. This is why you shouldn't listen to gurus.
The money supply will not rise. In fact it will fall dramatically.
Not only have most of the large notes already been withdrawn (Shabibi stated so) but the few that remain will disappear after the $1 RV, probably in the near future. By September there will be no large notes left. The currency, per their own press conference, will consist of 1 to 100 dinar notes, with values of about $1 per dinar.
Liar. They never said that. They said that they were planning to redenominate, and the value of the new currency would be 1.17 dinar to $1USD, or about $.86. Yes, the two currencies would co-exist for awhile until they have removed the old from circulation and demonetized it.
Yes, the money supply will be reduced, but only when they do the currency reform or "redenomination". Not until then.
And no, Shabibi didn't say that most of the large notes had been withdrawn. The CBI said that they had reduced their "excess liquidity" by 70%, but that just means that they were moving money out of the banks and into various projects via loans. It had nothing to do with removing large notes. In fact, here we are five years later and the only denominations that have been removed are the 50 notes.
Steve "Enorrste" Norris is a master of baffling people with BS and twisting news articles coming out of Iraq to mean something other than what they really mean. This is why you shouldn't listen to gurus.
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