Double R

This guy is an advisor to the CBI and obviously a pretty smart guy. If the CBI has gotten to the point where they know exactly how much Dinar is in circulation and no whales can jump in, they're not doing any harm at all.

The PMU is the Project Management Unit-related to the Banking Reform in Iraq. Restructuring of the internal audit and compliance units at Al Rasheed Bank and Al Rafidain Bank, state-owned commercial banks. This guy looks like he headed that whole area-which as Scooter has said for years is the whole key to the RV. I dunno if his comments mean the two banks have been restructured? Scooter always said we wouldn't seen an RV prior to this happening. http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/MNA/2011/12/06/46957B4459D4236C852577A6004C4E08/1_0/Rendered/INDEX/IRAQ00Aide0Memoire0July02010.txt 1. The PMU has issued an Expression of Interest (EOI), in compliance with Bank’s procurement guidelines, with regard to restructuring of the internal audit and compliance units at Al Rasheed Bank and Al Rafidain Bank, state-owned commercial banks. 2. On November 23, 2009, EOI has been advertised in United Nations Development Business (UNDB) and DG Market websites. Four consulting firms expressed their interest; Huron Consulting Group, Price Water House Coopers, International Business and Technical Consultants, Inc., and Francis Domnic Noronha. Subsequently, an Evaluation Committee was established and conducted a primary evaluation of the received EOIs. 3. The Committee shortlisted three firms and the PMU issued Requests for Proposal (RFP) for the shortlisted firms. On May 10, 2010, the PMU received the technical and financial proposals from the three shortlisted firms. The Committee held two sessions in order to evaluate the received technical proposals. Due to the unfortunate attack that resulted in burning out all the PMU’s assets and documents; the process has been postponed until the PMU retrieve the lost documents and re-establish the new offices. In this respect, the PMU will be requesting the shortlisted firms to re-submit their technical and financial proposals.

This Majid guy has been referenced in a few articles over the past months and days. Might be this guy-if so, he's not any newspaper writer-would be a highly influential economist with his hooks into all things Iraq and CBI. Dr. Majid Al Souri, Director, Iraq Banking Sector Reform Project Management Unit (PMU) http://siteresources.worldbank.org/INTMENA/Resources/Financial_Sector_Review_English.pdf http://english.alarabiya.net/articles/2012/06/06/219014.html http://www.iier.org/i/page_content.php?smenu_id=261

Which is also why i'll be making a significant investment in physical gold and silver after this goes down. Only a crazy man would be messing with the dollar right now

It all makes sense. The dollar's purchasing power is down 30% since 2009. Even the Yuan is trading at an all-time high to the dollar now. For the people of Iraq that use the dollar, they can't buy what they did just a short time ago. Convenient time to make the case that they de-dollarize and make sure their people can still buy everyday goods and services.

Sounds to me like they are saying since our dollar is in free fall with all the QE crap we've been doing, that it's necessary to jack up the rate.

the restructuring of these banks is Scooters key to the RV.

About 2 years ago, a poster named Dr. J (Michael Johnson is his name) stated that the RV would not happen until at least the end of 2012. This was his opinion based on information he received from some Wall Street contacts. At the time, many mocked him and said no way would it take that long and basically ran him off this site (count me in that group). Well, here we are getting closer to the end of 2012 and still no RV. It didn't occur to me at the time to put 2 and 2 together and ask "Why would he say until at least th end of 2012 without detailing why he thought that way?" There have been numerous theories that the triggering of this event is tied into selected high-profile individuals that can give it the yea or nay. After all, many here have taken the position that Obama and the powers that be would push the trigger to jumpstart the economy and thus enhance the election chances. Now I think this thing will NEVER happen as long as Obama is in the White House. I went and watched Dinesh D'Sousa's 2016 today and the theory he posts (and validates) is that Obama has been brought up with an "anti-Colonialism" view of the United States and our allies, through the influences of his father, Frank Marshall Davis and another individual that was a anti-Colonialist professor at Harvard. That all the wealth we have has been stolen from other countries. Since I wholeheartedly agree that this guy views our founding and our exceptionalism as unjust, I believe there is ZERO chance we will see an RV until he's out of office. His personal viewpoint with the RV would be that we're stealing money from Iraq and he's never going to let that happen based on what I watched today. A few weeks ago, Roger at DD cryptically posted some things that implied if we wanted an RV, it would be tied to Mitt Romney. I think Dr. J is right on-the reason he said "at least 2012" is because if Obama gets 4 more years, it won't be until 2016 if we still have a country left.

Actually it is about God and a plan. And after it's done, those that didn't deserve the gift in the first place will be separated from their newfound wealth. God operates everywhere. I can spot an aetheist a mile away.

Maybe you don't have all the answers like you think you do. This is all about God. You can't stop what's going to happen.

Link Central Bank of Iraq reveals plans for the use of alternatives to retain the wealth 08/16/2012 Central reveals plans for the use of alternatives to retain the wealth BAGHDAD - The morning Revealed the CBI for his quest to build future plans aimed at moving the adoption of the citizens on the dollar for the purposes of maintaining wealth to other alternatives if the coins, gold or bonds worth dollar. Deputy Governor of Bank of the appearance of Mohammed's (Center Brief for the Iraqi Media Network) The "There is a trend to save the dollar by the citizens for the purpose of maintaining wealth due to the stability of its price or to settle the transactions of Interior because of mounting cash for local currency, which ends with the implementation of the project to delete the zeros." said Mohammed that "there are plans and ideas future seek the central bank to apply a transition from dependence on dollar for the purposes of storage and retention of wealth to the adoption of other ways to save as version coins, gold or bonds worth dollar banks can sell them to citizens. The Central Bank shall manage an auction sale of hard currency in the country, the file is still a matter of political controversy and mutual accusations of the existence of cases of corruption. The main tasks of the Iraqi Central Bank to maintain price stability, and the implementation of monetary policy, including policies Osarabv, and manage reserves of foreign currency, and the issuance of currency management, as well as the organization of the banking sector. at The Central Bank of Iraq, to sell dollars to the banks intended to withdraw liquidity from the market as is the case in which in most of the world's central banks. A statement by the Bank received the (morning) a copy of it: Most of the markets where the price of an official and the price of a parallel, the World Bank seeks to minimize the difference between the two rates through the inspection teams, to comply with the instructions of the central bank sold dollars to all government and private banks and branches of banks foreign and not to the banks of civil only. He explained: that the policy followed by the Bank since 2004 and so far is one of the successful policies, as it led to a reduction in inflation from 50 percent to 5.8 percent and falling prices and stability as a result the tools that were in place, which was to invest the night and deposits for the term (7 , 14 and 30) days of the dinar, as well as investment and night deposits for the duration (7 and / 30 and / 90) days of the dollar. He added that the bank canceled the tools mentioned except for deposits of order seven days of the Iraqi dinar only to encourage banks to grant credit for industrial projects, agricultural and residential, and pointed out that this monetary policy was welcomed by the International Monetary Fund.

Don't listen to anyone like Keep, who simply exists to dim your hopes about this great investment. Listen to God. You know in your heart whether this is meant for you. I am not sure when it will happen but we will make a nice return that allows us to live our lives comfortably.

Swear, I've seen this before. How many times does Shabs need to explain this to these morons??

But it's a neutral event

You serious, Clark?