From Speculation from some facts by Myladies

[blueskyline]

My Ladies: "Speculations Based on Current Facts"
4/8/2015 23 Comments

Thank you My Ladies for sending this to us today:

MY LADIES: GOOD WEDNESDAY AFTERNOON EVERYONE. WE HAVE BEEN QUIET FOR A WHILE BECAUSE THE THINGS WE HAVE BEEN TALKING ABOUT IN THE ROOM WE’VE NOT SEEN IN INK YET AND I DO NO LIKE PUTTING OUT THINGS THAT WE CAN NOT PROVE, BUT I AM GOING TO NEED TO MAKE AN EXCEPTION THIS TIME.

THE REASON FOR THE EXCEPTION IS BECAUSE WE DID A PRIVATE CALL FOR OUR ROOM LAST NIGHT AND WE DID NOT RECORD IT BECAUSE NOVA AND I AND THE ROOM WERE TOSSING THINGS AROUND THAT WE CAN NOT TOTALLY PROVE MEANING WE KNOW THEY ARE ACCURATE BUT WE HAVE NOT SEEN IT IN INK YET.

THE HIGHLIGHTS OF THE CALL WERE POSTED IN OUR ROOM AND THEY SOME HOW ENDED UP IN DINAR LAND TODAY. SO NOW I AM PRESSURED TO SETTING A FEW THINGS STRAIGHT AND EXPLAINING WHERE WE ARE COMING FROM IN OUR THOUGHT PROCESS.

SO ANYONE IN POSSESSION OF YESTERDAYS CALL NOTES PLEASE DISREGARD THEM AND READ THIS ,THE ENTIRE STORY LINE.
....
ALRIGHT THIS WEEK WE DID 2 CALLS 1 ON MONDAY AND THE OTHER ON TUESDAY THEY WERE NOT PLANNED BUT I FELT WE HAD A FEW THINGS TO SHARE AND WATCHING THE TONE OF THE ROOM IS HOW I DECIDE WHEN TO DO THESE CALLS.

EVERYONE IN THIS ROOM KNOWS THE POSITION I TAKE WITH THE DAY TO DAY IRAQ AND NEWS ARTICLES, HUMM I HATE IT. I SELDOM COMMENT ON IT EITHER BECAUSE THE ARTICLES OUT OF IRAQ ARE SLANTED OR INACCURATE MOST OF THE TIME AND I DO NOT HAVE A FORUM THAT NEEDS A LARGE PAGE COUNT WITH 47 NEWSPAPERS ALL SAYING THE SAME THING.

YOU ALL KNOW I HAVE THE SAME 4 PAPERS I READ FROM COVER TO COVER AND VXXXXX WATCHES THE NEWS FOR US EVERYDAY. SO I AM ALWAYS IN TOUCH EVEN IF I DO NOT COMMENT. WHEN I SEE SOMETHING FROM THE CBI I WILL BRING IT IN AND WE WILL COMMENT.

NOVA AND I PREFER TO STAY CONNECTED TO GLOBAL ECONOMICS AS OPPOSED TO IRAQI BLAB LA BLA. ANOTHER THING I HAVE TOLD EVERYONE THAT THERE IS NO SHAME IN ME SAYING THAT IF IRAQ STARTS MAKING PAYMENTS I’M DONE AND WILL BE LOST AS TO HOW THEY ARE DOING IT.

WELL WATCHING OVER THE LAST SEVERAL DAYS AND SEEING ARTICLES WHERE THEY ARE SAYING THEY FOUND OTHER WAYS I DECIDED TO DO A CALL MONDAY AND I TOLD THE ROOM THAT WHILE THE INVESTMENT WAS SOUND I HAD THE FEELING WE WOULD BE SITTING FOR A FEW MONTHS MORE. I ADMIT THE BIS CAN TURN THIS ON IN FIVE MINUETS BUT I JUST FELT THERE WAS NOT AN URGENCY TO RE INSTATE THE CURRENCY.

IT APPEARED TO ME THERE WAS MORE URGENCY IN PLACING THE DISPLACED BACK IN THEIR HOMES. I FELT THAT THE SECURITY OF THE BANKING SYSTEM WAS IMPORTANT AND SINCE ONE OF THE CENTRAL BANKS IS IN MOSUL I FELT THAT MAYBE WE NEEDED TO SEE THE LIBERATION OF NINEVEH PROVINCE FIRST.

I WAS ALSO WATCHING PARLIAMENTS WEBSITE AND FOLLOWING THE LAWS THEY HAVE BEEN READING. WELL I’LL TELL YOU IF AMNESTY LAW OR NATIONAL GUARD LAW OR RECONCILIATION LAW ARE BIG IMPORTANT LAWS IT SEEMS THEY ARE DOING THEIR VERY BEST TO AVOID THESE LAWS. WITH REGARD TO BANKING LAWS WE WOULD NEVER LOOK TO PARLIAMENT TO IMPLEMENT THOSE THEY FOLLOW UNDER ALL INTERNATIONAL CENTRAL BANKING LAW AS HANDED DOWN FROM THE BIS SO I KNEW WE WEREN’T WAITING ON THOSE YET.

WHEN YOU ADD ALL THIS UP IT JUST SEEMED TO ME WE WOULD BE WAITING AND I TOLD THE ROOM THAT NO ONE ANYWHERE WILL KNOW WHEN THIS IS GOING TO HAPPEN AND ONCE AGAIN I DISCOURAGED THEM FROM MAKING TIME LINES AND BASING THIS ON ANY PARTICULAR EVENTS.

NOW NOVA BEING THE ETERNAL OPTIMIST…YES I SAID OPTIMIST..LOL.. HE DISAGREED WITH ME BUT HE DID EXPLAIN THAT THIS IS A PASSIVE INVESTMENT AND THE DIFFICULTY WITH SUCH AN INVESTMENT IS WE HAVE NO CONTROL OVER THE OUTCOME. AS SUCH WE TRY TO ANALYZE EVERY LITTLE THING AND IT GETS TO CLOSE TO THINGS SO WE TEND TO START TO OVERLOOK SOME OF THE ABSOLUTES THAT BROUGHT US INTO THIS INVESTMENT TO BEGIN WITH.

THIS IS PRECISELY WHY I DISLIKE THE DAY TO DAY IRAQ. NOW WHAT ARE THOSE ABSOLUTES DO WE REMEMBER?

WELL HERE HOW ABOUT THE FACT THEY ARE GOING TO USE THEIR OWN CURRENCY ONLY AND MAKE GOVERNMENT SETTLEMENTS IN THE DINAR.

AND THEIR INTERNATIONAL STATUS, YOU CAN BUY AND SELL THE DINAR IN OTHER COUNTRIES BUT YOU CAN NOT EXCHANGE IT. THE DINAR IS STILL NOT ELECTRONIC, AND LET’S NOT FORGET THE NEW MECHANISM THEY HAVE IMPLEMENTED TO MAKE SETTLEMENTS WHEN THE TIME COMES.

NONE OF THESE ABSOLUTES HAVE BEEN BROKEN YET SO THERE FOR HE FEELS THAT THIS COULD STILL HAPPEN AT THE DROP OF A DIME AND FELT THE CURRENCY WAS A MATTER OF URGENCY.

HE ALSO HAD NO EXPLANATION FOR HOW THE GOI WAS MAKING PAYMENTS TO ANYONE WITH SUCH A LIQUIDITY CRUNCH BUT HE FELT THE WAVE WAS CRESTING AND THIS WOULD ALL END SOONER THAN LATER.

THE WONDERFUL THING ABOUT OUR ROOM AND OUR OPEN CALLS IS THAT WE CAN DISAGREE WITH EACH OTHER AND NO ONE THROWS A HISSY FIT. EVERYONE HAS AN OPINION AND WE WELCOME THEM ALL. SO I LISTENED TO NOVA’S REASONING BUT DECIDED IT BEST TO SET THE TONE OF A FEW MORE MONTHS OF WAITING.

NOW I NEED TO MENTION THIS, WHEN I GAVE MY OPINION THERE WAS NO SADNESS, OR NEGATIVITY OR ANY OF THOSE THINGS OUR ROOM HAS GROWN SO MUCH IN FACTS AND HAS COME SO FAR I MUST SAY I AM VERY VERY PROUD OF EVERYONE IN HERE.

IT IS WATCHING HOW GROUNDED EVERYONE IS AND HOW LOGICAL AND HOW EVERYONE APPLIES COMMON SENSE THAT MAKES IT ALL WORTH IT FOR ME TO HAVE THIS ROOM. WE ARE FOR SURE ONE OF THE TOP SKYPE ROOMS OUT HERE I THINK I WANT TO THANK YOU ALL FOR TAKING THIS JOURNEY WITH ME THROUGH ALL THE UPS AND DOWNS.

WELL NOW THAT WAS MONDAYS CALL AND SPEAKING OF UPS AND DOWNS AND POSSIBLE BI POLAR REACTIONS WHAT HAPPENS TUESDAY WHEN I CHECK IN TO THE ROOM; WELL IT SEEMED THE CBI HAD BUSTED OUT IN SPEAKING.

WE WATCHED THROUGH THE DAY AND SAW THESE ARTICLES COMING OUT ONE AFTER THE OTHER NOVA AND I SPENT MUCH TIME ON THE PHONE YESTERDAY TRYING TO PUT TOGETHER THE ARTICLES ALONG WITH SOME INFORMATION WE HAVE. SO LET’S START;

FIRST : SAGER SENDS ME SOMETHING HE HAS BEEN FOLLOWING WITH MILLIONDAY. AND I MUST SAY THIS MADE A HUGE DIFFERENCE IN HOW I SEE THINGS AND MY HAT IS OFF TO HER. GREAT JOB MILLIONDAY.

THIS IS A PIECE ABOUT THE IMF AND NEW CURRENCY INTRODUCTION. IT SEEMS IRAQ MEETS ALL OF THE REQUIREMENTS FOR NEW CURRENCY IS NOW UP TO THE IMPLEMENTATION PART. THIS IS EXCITING HUGE NEWS RIGHT? YOU CAN READ THE FULL ARTICLE HERE

*** Removed Link *** See Forum Rules ***

 

AND HERE IS THE STEPS LISTED ON THE IMF SITE
http://www.imf.org/external/pubs/ft/fandd/2013/12/lonnberg.htm

SECOND; WE SEE THIS IN FROM THE PARLIAMENT WEB SITE “Finance Committee will host the central bank governor and his senior staff”

http://www.parliament.iq/details.aspx?id=36668&Alw

OK WE SAW THIS SAME THING 3 DAYS IN A ROW ABOUT THE FIVE YEAR PLAN TO MONITOR MONEY LAUNDERING BUT THIS TIME IT’S A LITTLE DIFFERENT. WHY/ BECAUSE IN HERE THEY ARE SAYING AGAIN TO HOLD OFF ON THE DELETE THE ZERO’S AS THE TIMING IS NOT RIGHT. THEY ALSO SAID TO HOLD OFF DUE TO THE SHORTAGE OF THE PAPER.

THIRD; WE SEE THIS FROM A PAPER IN QATAR,

http://thepeninsulaqatar.com/business/middle-east-business/331194/iraq-in-talks-with-imf-no-decision-yet

WELL LOOK AT THERE WHO IT IS. NOW MANY OF YOU SHOULD REMEMBER I DID A POST BACK IN AUGUST OR SEPTEMBER AND I STATED THAT FORMALLY SHABBIBI WAS STILL THE CENTRAL BANK GOVERNOR. I SAID THAT ALI ALEC WAS THE INITIAL SECRETARY OF THE COUNCIL OF MINISTERS APPOINTED TO THE CBI BY MALIKI AFTER TURKI RETIRED.

I EVEN SAID REMEMBER ON THIS DAY THAT I SAID HE WILL BE BACK.

I WAS TOLD I WAS WRONG AND THAT HE WAS 73 YEARS OLD AND THAT HE WAS VERY COMFORTABLE IN GENEVA AND BLAB LA BLA….WELL NOW LOOK AT THIS PICTURE AND THEY ARE CALLING HIM THE CENTRAL BANK GOVERNOR. HOW ABOUT THAT?

FOURTH; AND THIS IS NOT IN INK WE HAVE INFORMATION THAT ABADI IS COMING INTO DC ON THE 12TH AND HE IS MEETING AT THE IMF FIRST THING.

WELL ALL THIS AND A BIT MORE AND NOVA AND I DECIDED AT 7:30 LAST NIGHT TO DO A CALL IN 20 MIN AND HERE IS WHAT WE TALKED ABOUT. WE FEEL THAT IN LIEU OF ALL THESE DEVELOPMENTS WE CAN ELEVATE FROM WHAT WE SAID MONDAY NIGHT TO A HIGH LEVEL OF EXPECTATION.

YOU SEE WHEN YOU LINE EVERYTHING UP IT IS HARD TO STAY GROUNDED BUT YOU NEED TO. SO LET’S ANALYZE WHAT WE HAVE AND THEN THE WE WILL PUT OUR OWN SPIN ON IT. YOU SEE I DID NOT RECORD THE CALL BECAUSE MUCH OF IT WAS SPECULATION BUT NOW IT’S OUT SO HERE GOES THE WHOLE EXPLANATION.

WHY IS ABADI COMING IN 2 DAYS EARLIER THAN THE PAPERS ARE REPORTING AND WHY IS HE GOING TO THE IMF?

COULD IT HAVE SOMETHING TO DO WITH THE “NEW” CURRENCY.

WAIT NEW CURRENCY? WHAT NEW CURRENCY?

WELL WE SAW THE FINANCE COMMITTEE AND THE CBI SAY THEY WOULD NOT DROP THE ZEROS. HUMM AND WHAT DOES THAT MEAN?

DROP THE ZEROS NEVER EVER MEANT FROM THE FACE OF THE CURRENCY. DROP THE ZEROS ALWAYS REFERRED TO THE VALUE. MOVE THE DECIMAL POINT TO THE LEFT. SO 1166 WOULD BECOME 1.16.

OK SO NOW WHAT DOES NEW CURRENCY MEAN???

WELL IRAQ IS QUALIFIED AND GOING THROUGH THE STEPS NEEDED TO INTRODUCE A NEW CURRENCY SO WHAT COULD IT BE…HUMMM LOWER DENOMINATIONS MAYBE?

NOW PLEASE REMEMBER THIS IS ALL SPECULATION, THIS IS WHAT WE WERE TALKING ABOUT ON OUR CALL LAST NIGHT SO NONE OF THIS IS IN STONE BUT IT SURE DOES FIT.

LET’S CONTINUE; IF THE CBI DROPPED THE ZEROS THEY WOULD THEN HAVE TO DO ANOTHER STEP. THEY WOULD THEN HAVE TO RE INSTATE THE CURRENCY. WHY?

WELL BECAUSE IF YOU ALL GO BACK TO THE INTERVIEWS WITH TAMIMI AND TURKI WE REMEMBER THEM SAYING THAT THEY WERE GOING TO INTRODUCE NEW CURRENCY AND IT WOULD BE THE SAME AS THE CURRENCY THEY HAD IN THE “90’S” AND IT WOULD CO-EXIST WITH THE OLD CURRENCY. (SO PLEASE DON’T ANYONE GET CRAZY ABOUT THE NOTES WE ALL HOLD. WE WILL BE FINE)

HUMMM…OK SO NOW THAT WOULD MEAN THEY POSSIBLY DECIDED TO DO AWAY WITH THE DELETION OF ZERO’S AND INSTEAD THEY WILL INTRODUCE THE LOWER DENOMS AND CHANGE THE VALUE AT THE SAME TIME THERE BY ELIMINATING THE SECOND STEP. THAT IS VERY POSSIBLE FOR SURE.

WE ALSO SPECULATED ON WHY ABADI WOULD BE COMING TO THE IMF. IF IT WAS NOT FOR SOME IMPORTANT REASON WELL IT SEEMS HE WOULD JUST SEND JAFARI RIGHT.

I MEAN THIS MAN IS IN THE MIDDLE OF CLEARING DAASH FROM IRAQ, AND BY IN THE MIDDLE I MEAN JUST THAT. HE HAS BEEN IN THE TRENCHES SORT OF SPEAKING WITH THE TROOPS EVERY STEP OF THE WAY. HE POSTPONED THE MEETING WITH PRESIDENT OBAMA IN MARCH SO THAT CAN NOT BE THE WHOLE REASON BEHIND HIS VISIT EITHER.

NOW DO YOU REMEMBER THE STEPS A COUNTRY TAKES TO INTRODUCE A NEW CURRENCY? WELL THAT IS NOT THE JOB OF THE CENTRAL BANK, NOPE THAT IS THE JOB OF THE GOVERNMENT TO START THE PROCESS.

IRAQ IS AT THE END OF THE PROCESS.

COULD IT BE HE IS COMING HERE TO THE IMF TO SIGN OFF ON THE CURRENCY, PUT A THUMB PRINT ON IT? TAKE A PICTURE? I DON’T KNOW BUT IT SEEMS TO US THAT THEY ARE INTRODUCING A NEW CURRENCY (LOWER DENOMS) THE IMF ALLOWS APPLICATION SORT OF FOR THE CURRENCY AND THE BIS TURNS THE CURRENCY ON, OR SETS THE VALUE.

THEN WE HAVE THE PICTURE AND THE ARTICLE FROM QATAR. SHABBIBI SITTING WITH ZEBARI THE FINANCE MINISTER AND NOT JUST THAT BUT WHAT ELSE IS THE STORY TELLING US? HERE IS THE HEADLINE “IRAQ IN TALKS WITH IMF; NO DECISIONS YET”, WHAT DOES THAT MEAN?

WELL THEY ARE HAVING A LIQUIDITY CRISIS AND THEY ARE TRYING TO DECIDE IF THE WILL TAKE A 1.8 BILLION LOAN FROM THE SPECIAL DRAWING RIGHTS! WELL FROM THE SDR? HOW WILL THEY DO THAT? DON’T YOU NEED TO BE PEGGED TO THE SDR TO BORROW MONEY FROM IT?

OK SO NOW LETS ADD IT ALL UP AGAIN, NO DELETION OF ZEROS, INTRODUCE NEW CURRENCY, MEET WITH IMF IN UNDISCLOSED MEETING, AND POSSIBLY BORROW FROM YOUR SDR ACCOUNT.

WELL ALL THIS SMELLS LIKE THE END OF THE RIDE TO US.



NOW AGAIN I WILL SAY WE ARE SPECULATING HERE. WE NEVER DO THIS! WE WERE FORCED INTO DOING THIS BECAUSE OUR CC NOTES WERE TAKEN AND PUT OUT IN DINAR LAND. SO IF YOU FEEL LIKE BASHING OR MAKING RUDE COMMENTS PLEASE PASS ON BY.

WE ARE SPECULATING ALL OF THIS BASED ON THE CURRENT FACTS PUBLISHED ABOVE.

OH AND BEFORE I FORGET THERE IE ONE MORE THING WE SPOKE OF LAST NIGHT THE HCL SO HERE IS AN ARTICLE WE READ

http://mnr.krg.org/index.php/en/press-releases/452-mnr-welcomes-passage-of-oil-gas-revenue-fund-law-through-kurdistan-parliament

AND WE WERE WONDERING HOW KURDISTAN PASSED INTO LAW THE HCL FUND LAW IF BAGDAD HAS NOT DONE IT YET….HUMMM SEEMS THE CAT IS OUT OF THE BAG ON THAT ONE TOO.

IT SEEMS AND AGAIN WE ARE SPECULATING THAT HCL HAS BEEN PASSED AND IS BEING HIDDEN ALONG WITH SHABBIBI…LOL…

SO THAT IS WHAT OUR CALLS WERE ABOUT THE LAST 2 DAYS AND I HOPE THIS CLEARS UP THE CRYPTIC NOTES THAT ARE GOING AROUND. LINNEA THANK YOU DEAR FRIEND FOR YOUR HELP AND YOU MAY CIRCULATE THIS LETTER ALL OVER.

AGAIN I WILL SAY KEEP YOUR CRASH HELMETS ON AND YOUR SEAT BELTS FASTENED. THIS IS HUGE NEWS ALL AROUND BUT UNTIL WE SEE IT ON THE CBI SITE WE NEED TO STAY GROUNDED.

LOVE TO ALL MY LADIES AND NOVA AND NEWS HOUNDS

Edited April 9, 2015 by Markinsa
Removed Link to Other Dinar Site

[blueskyline]

Interesting.......Parliamentary Finance: the central bank is likely issuance of large coins

Thursday 09 April 2015 | 09:38

NB-94065-635641587172566055.jpg

Tamimi explained that "the central bank justified the lack of implementation of the project to delete the zeros because this process does not reduce the size of the paper," asserting "the benefit of the largest export categories to reduce the number, to maintain the value of the

[Saint]

Sounds promising, then again good news always sounds promising. Utill it's written into law it is what it is , " PROMISING'

[ChuckFinley]

Just as good as anyone else's thoughts. At least it had articles and links to justify her position.

[skeetdog]

Thanks blueskyline....Makes sense to truck driver from the wrong side of the tracks....If it's got feathers, webbed feet, waddles and goes Quack, Quack...in Louisiana we call that ''Duck Gumbo''...

[sandfly]

THANKS